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pressure, that is what it's called, not being able the wait to see the outcome of your decision,Again, with an asset like bitcoin, considering it for its long-term potentials has proven to be the best approach and strategy for more and higher profitability, rather than investing short-term because just like you've said, the market can be very volatile and fluctuations are certain, and these fluctuations can clowd one's judgement and result to taking irrational decisions, so to avoid market sentiments, it's better to consider the asset's long-term goals as it will ride out the short-term outcomes and its effects.As for the long-term investor, he does not care about all this news. He sets a specific goal in front of him in the future and is not affected by all this news or rumors, and he only sells when he achieves his goal.Another big advantage of long-term investors is that they can stay . without fear because sometimes big market declines are too hard for many investors to bear. But those who invest with a long-term plan need not worry about market volatility. A short-term investor always has to be concerned. He always has to monitor the market news. Even after knowing all the news, he cannot give any certainty.
agreed, without patience in life it is almost impossible to achieve anything you lay your hands to do,The characteristic that should be possessed and used as a guide for every step that will be taken is "patience". By acting like that, we will ensure that everything we do is always thought out with very careful and detailed calculations, so that nothing happens that ends up being detrimental.I think patience is one of the virtue of being smart as you are not that smart if you aren't that accurate and precise on your decisions I know we are not perfect but smart people are clever when it comes to decision making and impatience is not an option for them.I have been a user in the crypto world for a long time, more than 5 years and less than 7 years. The impact of crypto should be a positive outcome for any smart and patient user. With that one should practice methods to get there such as investing, trading and earning rewards. There is also crypto betting which is new.
I think patience is significant more than the smart. If you are patient in crypto and you hold Bitcoin and yet you understand just little about it and you have the courage to hold it for as long time that you want, you will make money more than people that are trying to always outsmart the market, people that has been here can testify that holding Bitcoin and been patience beat anything in crypto space.
Some newbies that we see today are impatient, that's why we see many of them buying useless coins because they want to make quick profits, we have many of them in meme coin because they want to make quick money and instead of them to make money, they lose everything in the end.
Agree, humans are destined to be imperfect, but everything can be covered with patience so that it can produce commendable and useful actions.
over the years it has been life changing 🚼 we have moved from one to another, the emereg of Bitcoin has really changed life's for we all and it will keep improving as years goes by.The characteristic that should be possessed and used as a guide for every step that will be taken is "patience". By acting like that, we will ensure that everything we do is always thought out with very careful and detailed calculations, so that nothing happens that ends up being detrimental.I think patience is one of the virtue of being smart as you are not that smart if you aren't that accurate and precise on your decisions I know we are not perfect but smart people are clever when it comes to decision making and impatience is not an option for them.I have been a user in the crypto world for a long time, more than 5 years and less than 7 years. The impact of crypto should be a positive outcome for any smart and patient user. With that one should practice methods to get there such as investing, trading and earning rewards. There is also crypto betting which is new.
I think patience is significant more than the smart. If you are patient in crypto and you hold Bitcoin and yet you understand just little about it and you have the courage to hold it for as long time that you want, you will make money more than people that are trying to always outsmart the market, people that has been here can testify that holding Bitcoin and been patience beat anything in crypto space.
Some newbies that we see today are impatient, that's why we see many of them buying useless coins because they want to make quick profits, we have many of them in meme coin because they want to make quick money and instead of them to make money, they lose everything in the end.
Agree, humans are destined to be imperfect, but everything can be covered with patience so that it can produce commendable and useful actions.
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