Topic: Don't buy what you can't hodl. - page 10. (Read 1722 times)
There is definitely no wrong or fault in investing in a project; the reality is that the blockchain investment space is not for impatient people or individuals. Crypto currency investment is not rocket science; so you should understand how trading works perfectly before buying; its bare minimum requirement for you as an investor.
So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
It's painful while watching your investment go low in value but you don't lose if you kept holding and wait for its reversal. When you sell it at loss and the price was totally low, you get the losses. The patience that you will have into those times will help you grow and improve yourself into temperance. Many are complaining that their investments were in losses because they have sold at loss and they can't attain to hold further. That resulted them to being tempted to sell whether it is a loss for them.
So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
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