Time is actually everything; no matter what one is doing, the most essential thing is time. The first sacrifice you need to make is to give your time, which is equally your attention, to whatever you want to achieve in this life. Once you have given your full attention, the next thing is for you to figure out areas in which you can focus and channel those times into your areas of specialization in order for them to work for you.
Yeah, time is important, especially time spent digging deeper into knowledge about the projects you're investing money in, whether that's stocks or Bitcoin, or any other form of investment.
When it comes to cryptocurrencies, I consider patience to be more important than anything else, without patience there can be no success.
Of course time isn't everything, but in my opinion not being in a hurry is one of the necessary conditions for success.
Every time I see people doing crypto then complains that they have done everything but still does not work for them.
The reason behind why they wont succeed is because they are counting the hours they have done the work, while they are complaining others are hustling and doing things extra mile.
Making extra effort will make things improved in everyway, for example you wan't to learn a lot of things in crypto, things will not be done in one day, remember how elon musk Tesla, SpaceX
almost go to bankrupt, but instead of complaining he continue doing things even though there is a lot of failure on his company.
What is the lesson im trying to say, keep your focus even though things get tough, keep moving even though its slow, because eventually those sacrifices will have a positive results, never get tired,
because once you quit, you will never get those dreams came true
Each situation is different. Personally, I don't think Musk should be used as an example in general. I mean, we should have access to better examples than heirs investing their funds again and again.
Overall I agree with your message, I just think that not all generalisations are true. A lot of people will fail at projects no matter how much time, money and patience they invest in them. Nothing is magic or automatic when we talk about money, and everything involves risks.
You're right to think that perseverance is an essential quality, but it's not the only one to have. There are many conditions for success, especially in this market, and some of them are unpredictable.