The best performing investors are ones who are dead

[saprakib]

Patient is very important when investing, it is just like you invest into bitcoin and hodli for a very long period of time, before you know it your bitcoin investment will generate more profit overtime as the price of bitcoin increases in value. Being patient with your investment means you shoukd allow your money to work for you and don't think that you can do it all alone. Your investment should be like a child that takes a very long time before he becomes an adult, bitcoin gives us that opportunity to invest and grow our investment for years.

Patience isn’t always work for you. Think you are so patience after buying btc on over priced will it control your mind, never it makes you more panicked and even you can die with your patience.Take it as fun. However on the other hand if you are in good profit and still you are so patience to go high more you can fall down with huge drop. So its true that you need to be more patient but with technically and need to know where take entry and get exit. Hope you understand.

[Wiwo]

Patient is very important when investing, it is just like you invest into bitcoin and hodli for a very long period of time, before you know it your bitcoin investment will generate more profit overtime as the price of bitcoin increases in value. Being patient with your investment means you shoukd allow your money to work for you and don't think that you can do it all alone. Your investment should be like a child that takes a very long time before he becomes an adult, bitcoin gives us that opportunity to invest and grow our investment for years.

Patience isn’t always work for you. Think you are so patience after buying btc on over priced will it control your mind, never it makes you more panicked and even you can die with your patience.Take it as fun. However on the other hand if you are in good profit and still you are so patience to go high more you can fall down with huge drop. So its true that you need to be more patient but with technically and need to know where take entry and get exit. Hope you understand.

At some point we need to have some patience, because our investment sustainability rely on our patients to thrive because at some point there is a need to take a break from the market regardless of what your emotional state could be because at some point we need to leave our asset to grow at a significant timeframe, the reason why you see that in the research result the best-performing investors are the dead investors, but even anyone who has adequate knowledge of the importance of time in investment can still give the same amount of time for the investment to grow.

In the coming years, we are going to see a new dimension of investors' appetite that will increase the ability to hold for a long time in that case a lot will be looking in the direction of profit more than the market volatility and having a long-term investment perspective.

[Rruchi man]

Be as calm and patient as dead people are and gains will come 

It is not an easy ability to master, but surely not something that cannot be done. 

To become really calm, one needs to master their emotions and avoid Triggers like the news. To remain patient, you need to have other sources of income that you can channel to sort your expenses so you can patiently be able to hodl your investment.

[Crwth]

I do remember my friend who had forgotten his investment in BTC a long time ago and he withdrew it recently. He was happy in terms of the amount that he accumulated.

He acted as if it was nothing or non-existent. It's really amazing how that could be a blessing to anyone.

I hope we will be rewarded like that someday.

[taufik123]

-snip-
However on the other hand if you are in good profit and still you are so patience to go high more you can fall down with huge drop. So its true that you need to be more patient but with technically and need to know where take entry and get exit. Hope you understand.

Depending on how the strategy is used, if the price has started to rise but the main price target has not been reached then there is no reason to take profits, just wait for the main price target.

But if the price target has been reached but is still holding back, then it will be a problem when the price really drops drastically and goes into bearish mode.
Do not pass up the opportunity to take advantage when it is already arranged, trying to be disciplined with your own strategy will be a good path.

[Jamal Aezaz]

I do remember my friend who had forgotten his investment in BTC a long time ago and he withdrew it recently. He was happy in terms of the amount that he accumulated.

He acted as if it was nothing or non-existent. It's really amazing how that could be a blessing to anyone.

I hope we will be rewarded like that someday.

It's good that he remembered his keys to access Bitcoin because most of the time people don't save their keys and with forgetting their bitcoin investment they also forget their keys due to which they fail to get the reward.

Sometimes we gain more than what we are expecting and such blessings make a person thankful for everything he has. We should focus on investment in different assets and for long term investment we should forget about our investment like your friend did because after a long time we will be in more benefit as we will not use our emotions in investment.

[Mr. Magkaisa]

Before opening this post, I thought, "Is this a story about past investors?"
Now I realize that it's just a quote advising calm for the bull run to come. I agree with you anyway. People who sell in panic, like the German government did, won't have the opportunity to see gains like people who hold. An individual might later own Bitcoin with a higher value than the German government in the future because the government will likely need to buy at the top.

     -     That's why, as investors, we must be wise in choosing the crypto assets that we choose to invest in, or else it will really go to nothing if we don't get a profit from the capital that we will use here.

And in addition to that, there are also things that should be considered when we invest, and some of them are patience, having extensive knowledge in trading, and skills improvement.

[joniboini]

having extensive knowledge in trading, and skills improvement.

Is having great trading skill really necessary if people want to invest for long-term though? I honestly don't think you need to have a great trading skill to find a good entry, especially when you're looking a the bigger picture. Obviously you'll get more profits if you enter at the right time, but missing 10-30% timing shouldn't be a huge deal if you managed to exit at the bullrun.

I agree that being too trigger happy with your trade is really bad though. If your goal is long-term (2+ years) then you should be patient, especially if you're familiar with the crypto market and its cycles.

[yhiaali3]

Really strange and interesting information, but completely true, those who died or lost access to their assets for a long period, whether by death or by losing the private key or password, are the ones who achieved the highest profits in the long run.

Most traders know this truth, but they cannot overcome their emotions, whether fear or greed. When a coin in your wallet rises before your eyes, do not control yourself and sell to get your profits, and vice versa, when a coin falls, you sell it for fear of losing your money. The big problem is controlling emotions.

[NotATether]

Not very surprising on one hand, but on another, asset holders are able to remove their assets from the control of the asset manager (think if you're trying to liquidate an ETF that you own), so it is understandable that you get the highest returns when only the account manager is increasing the asset value and the customer isn't interfering.

[Kemarit]

Really strange and interesting information, but completely true, those who died or lost access to their assets for a long period, whether by death or by losing the private key or password, are the ones who achieved the highest profits in the long run.

Most traders know this truth, but they cannot overcome their emotions, whether fear or greed. When a coin in your wallet rises before your eyes, do not control yourself and sell to get your profits, and vice versa, when a coin falls, you sell it for fear of losing your money. The big problem is controlling emotions.

Yeah, I think it's obvious that when you lost your accessed in crypto, it will be over. Or maybe in cases like in stocks that we have, maybe we can all forget about it in years but then we can call our brokerage once we remember that we have this stocks in our portfolio.

Emotions are very important in every investments, and also have patience to really stay in the game for so long. Like here we do DCA week after week or month after month and we can only rewards ourselves in years as we have a bear/bull market. So mental toughness, look at the bigger picture, accumulate, HODL and sell at the right time.

[bitterguy28]

I do remember my friend who had forgotten his investment in BTC a long time ago and he withdrew it recently. He was happy in terms of the amount that he accumulated.

He acted as if it was nothing or non-existent. It's really amazing how that could be a blessing to anyone.

it becomes a problem when you are too impatient and you are expecting your money to grow right away and in huge amounts we all want to get rich but some people just cannot wait and they keep checking and checking their funds and they feel happy when they see it gaining but then get overly anxious when they see it go down

[Wiwo]

Patient is very important when investing, it is just like you invest into bitcoin and hodli for a very long period of time, before you know it your bitcoin investment will generate more profit overtime as the price of bitcoin increases in value. Being patient with your investment means you shoukd allow your money to work for you and don't think that you can do it all alone. Your investment should be like a child that takes a very long time before he becomes an adult, bitcoin gives us that opportunity to invest and grow our investment for years.

Patience isn’t always work for you. Think you are so patience after buying btc on over priced will it control your mind, never it makes you more panicked and even you can die with your patience.Take it as fun. However on the other hand if you are in good profit and still you are so patience to go high more you can fall down with huge drop. So its true that you need to be more patient but with technically and need to know where take entry and get exit. Hope you understand.

I agree with this fact, but patient can work in various ways and we most acknowledge the fact that too much of patient can also result in bad experiences, and such as when an investor wasted a lot of time on an investment instead taking a sell position when the market is on fire.

Mostly crypto investors, make that mistake a lot they expectation may exceed the market ability, but so when they are waiting for the market to get to they desired price, the market failed to reach that limit before reverting back on correction mode, but this is most sad experience of many people who takes greed as patient.

[Jamal Aezaz]

it becomes a problem when you are too impatient and you are expecting your money to grow right away and in huge amounts we all want to get rich but some people just cannot wait and they keep checking and checking their funds and they feel happy when they see it gaining but then get overly anxious when they see it go down

Patience is the key to making profit but if someone is investing even in profitable coins but they have no patience then such a valuable investment will be useless for them. Checking the price and market condition again and again is not a bad thing but if you are investing for a long time and are still impatient then this behavior will force you to check the price regularly which will adversely affect your investment.

If someone has invested in new coins and he realizes after checking regularly that his coins have shown growth then he should sell his assets immediately because new coins are not trusted like that of top coins and their growth can deteriorate after a few days which will be harmful for you.

[bayu7adi]

It's interesting, considering that dead people don't do much, so it's actually easy to do but many people still fail at investing... but there's something else that's not listed here... people who die and their assets happen to collapse are not a big deal... so many people don't know about it... but because of luck...

I know the main point that is being conveyed is that in order to get high gains in the investment world, we have to kill our emotions towards the market and holding is the most appropriate thing.