Lack of patience can make you lose everything in your Bitcoin journey.

[B-BossMan]

Weldon job OP, my greatest belief from today, tomorrow, and forever is that Bitcoin will never let you down no matter how it may be, so patience and endurance work hand in hand for anyone who's willing to partake in the great Bitcoin journey. Investors will continually tell people to go with long-term investments; however, it's better to let go of the short-term market and just invest in Bitcoin and have the patience to keep holding it for the longer term. Your profits will triple your invested capital if there's patience at all.

[Versatile_choice]

I get your point about patience and not to sell our coin, but have you been faced with a very difficult situation, let’s say health situations and all you have to do is choose between your health and your coin?(I hope to see your answer pretty soon)

This is more like exaggeration to me, because as an investor definitely you will have extra cash with you after making your weekly/ monthly routine buying of bitcoin which can be seeing as backup funds or reserve funds meanwhile you still have your emergency fund separate, at this point how did you think you will be left with only two options?  First of all you have to be sure of what you're doing if there are things that need to be put in place that would prevent you from ruin your investment plans you have to sort them out so that you will be able to HODL your bitcoin regardless the challenges that might come your way.

[CryptoHeadlineNews]

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

Yes, it's true that patience, doubt and uncertainty are actually the key reasons why most people loses their investment in Bitcoin, most especially during a brief bear period, resulting a decline in the value of Bitcoin. And as such, it only takes two factors to ensuring people don't lose patience in Bitcoin, which involves ensuring that people knows what Bitcoin is, how it works and everything needed to know about it, so as not to get panic whenever they see a decline in price value, knowing fully well that it will always rise too. While secondly, another solution to ensuring people don't lose patience about selling their Bitcoin is to advise people to always buy an amount of Bitcoin they can always afford to lose.

[laijsica]

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

Yes, it's true that patience, doubt and uncertainty are actually the key reasons why most people loses their investment in Bitcoin, most especially during a brief bear period, resulting a decline in the value of Bitcoin. And as such, it only takes two factors to ensuring people don't lose patience in Bitcoin, which involves ensuring that people knows what Bitcoin is, how it works and everything needed to know about it, so as not to get panic whenever they see a decline in price value, knowing fully well that it will always rise too. While secondly, another solution to ensuring people don't lose patience about selling their Bitcoin is to advise people to always buy an amount of Bitcoin they can always afford to lose.

Yes I agree with you and I would like to add some more important points in this regard like if someone has doubts about his investment then his patience may get deviated and he may be irregular in his investment hence my advice investors should keep the continuity of Bitcoin accumulation through discretionary income. As a result his patience will be less likely to get deviated. While investing in Bitcoin investors should keep in mind that the amount available for investment should be what he is ready to lose.

I think if you keep investing in Bitcoin for the long term through discretionary income regularly regardless of the price then there will be less tendency to panic while holding because your mental preparation and patience are already set.

[Gost ms]

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

Yes, it's true that patience, doubt and uncertainty are actually the key reasons why most people loses their investment in Bitcoin, most especially during a brief bear period, resulting a decline in the value of Bitcoin. And as such, it only takes two factors to ensuring people don't lose patience in Bitcoin, which involves ensuring that people knows what Bitcoin is, how it works and everything needed to know about it, so as not to get panic whenever they see a decline in price value, knowing fully well that it will always rise too. While secondly, another solution to ensuring people don't lose patience about selling their Bitcoin is to advise people to always buy an amount of Bitcoin they can always afford to lose.

Yes I agree with you and I would like to add some more important points in this regard like if someone has doubts about his investment then his patience may get deviated and he may be irregular in his investment hence my advice investors should keep the continuity of Bitcoin accumulation through discretionary income. As a result his patience will be less likely to get deviated. While investing in Bitcoin investors should keep in mind that the amount available for investment should be what he is ready to lose.

I think if you keep investing in Bitcoin for the long term through discretionary income regularly regardless of the price then there will be less tendency to panic while holding because your mental preparation and patience are already set.

Yes, you are right, it is very important to have faith in Bitcoin to invest. Because even if you have everything such as a prudent income, continuity of investment, you can still sell your investment if you do not have faith. The Bitcoin market is very volatile, you can never tell when the market will fall or if you do not have faith in Bitcoin, you can panic and sell your holdings during the fall. As a result, it is very important to have faith in Bitcoin. It is not possible to hold on to only one thing for the long term, you have to move forward with all aspects.

A person always needs to keep himself calm because if the person gets excited during the fall, then at that time that person can get panic and sell his holdings, due to which he will try to keep himself calm as much as possible.

[Princess Leah]

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I get your point but I wish I know the country you identify with because in my country, where minimum wage isn’t enough to take you through the month, how then do you expect to have 50% of your earning kept as discretionary funds?
Well, discretionary funds are funds that are not met for specific purposes according to meta AI and over the years, in as much as I want to invest in bitcoin, I still try not to get pressure by what people say online because in real life, it might not just be same as what is said online and since I already know, life has no perfect manual, we just ride and hope for the best.

Now back to issues of health, there might be cases, where health challenges this time isn’t minor and rather critical and maybe you have some funds in your wallet, will you still have to prove and claim to be a holder when you can still sell and take care of yourself?(there is a saying that, when there’s health, there’s wealth).

I’m a typical fan of holding and investing, but my point is that, we should know when to sell and sell for the right purpose.

First off, this is the Nigeria local board so automatically we're both from same country, also remember that I stated that your discretionary funds maybe be 40, 50% or even lessereveryone's discretionary can't be same cause we all can't be on the same level financially so bitcoin investment is done according to your discretionary and the percentage of your discretionary is according to your income, therefore everyone's discretionary mustn't be 50%.
 
 Through the DCA, bitcoin has enabled all class of earners the opportunity to invest, so whether you're poor middle class or rich you have the opportunity to invest om it according to your income and the amount you can spare for discretionary, moreover don't forget that it's a choice and if you feel your income won't allow you invest and tackle other necessary requirements then don't do it till when you're ready.

 Talking about health challenges, your emergency funds serve that purpose and not your investment cause the investment is for the future  therefore you should have am emergency fund intact that would serve during critical situations like that.

[Sonia_123]

I notice that many investors are really interested in Bitcoin investment. most of them are due to impatience that makes them lose the opportunity that they will get to achieve their goal in Bitcoin. We should always keep in mind that anything that will bring you profit requires you to have patience before you can totally achieve the reward. Bitcoin is among the best if you invest in the coin, it will minimize your risk and still get you profit on it.

The way they said education is the key to success, that is how you need that patience before you can be educated and have the experience and achieve your goals on it. So many people that are willing to invest in Bitcoin need to keep in mind that they won't get huge profits on Bitcoin if they are not patient and invest for the long term.

1. Patients lead to success.

2. Patient make things possible in the future if you didn't giveup.

3. Patience makes you more confident that you will achieve profit on Bitcoin or any steady businesses you are into.

4. Patience makes you stronger than before, and continue fighting until you achieve your goals in any way you find yourself.

5. Patients make you think wisely to figure out your problems.

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

Patience is the only thing that can make you successful in life, which is also applicable to bitcoin investment because without patience no bitcoin investment.
 Investing for a long term of about 4-10 years or more, starting with whatever little amount you have with you using the DCA strategy to accumulate and hold unto bitcoin for as long as you want it, as a bitcoin holder long term investment reduces the risk of losing more money compared to involving oneself in short term investment.

[laijsica]

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

Yes, it's true that patience, doubt and uncertainty are actually the key reasons why most people loses their investment in Bitcoin, most especially during a brief bear period, resulting a decline in the value of Bitcoin. And as such, it only takes two factors to ensuring people don't lose patience in Bitcoin, which involves ensuring that people knows what Bitcoin is, how it works and everything needed to know about it, so as not to get panic whenever they see a decline in price value, knowing fully well that it will always rise too. While secondly, another solution to ensuring people don't lose patience about selling their Bitcoin is to advise people to always buy an amount of Bitcoin they can always afford to lose.

Yes I agree with you and I would like to add some more important points in this regard like if someone has doubts about his investment then his patience may get deviated and he may be irregular in his investment hence my advice investors should keep the continuity of Bitcoin accumulation through discretionary income. As a result his patience will be less likely to get deviated. While investing in Bitcoin investors should keep in mind that the amount available for investment should be what he is ready to lose.

I think if you keep investing in Bitcoin for the long term through discretionary income regularly regardless of the price then there will be less tendency to panic while holding because your mental preparation and patience are already set.

Yes, you are right, it is very important to have faith in Bitcoin to invest. Because even if you have everything such as a prudent income, continuity of investment, you can still sell your investment if you do not have faith. The Bitcoin market is very volatile, you can never tell when the market will fall or if you do not have faith in Bitcoin, you can panic and sell your holdings during the fall. As a result, it is very important to have faith in Bitcoin. It is not possible to hold on to only one thing for the long term, you have to move forward with all aspects.

A person always needs to keep himself calm because if the person gets excited during the fall, then at that time that person can get panic and sell his holdings, due to which he will try to keep himself calm as much as possible.

The thing that is specifically recommended to every investor is to invest in Bitcoin through discretionary income. Through the DCA method, he can reach his desire point and following this method is a reflection of his faith and trust in Bitcoin. In this method, your risk level is also very low because you are targeting Bitcoin accumulation through discretionary income. The idea you have given about the fall in the price of Bitcoin, I think that sometimes price corrections in the upward trend are very important and this is a natural process of the market. Do not get excited during the period of Bitcoin correction because the correction period may be short term and the bullish trend may start again soon. Therefore, try to keep yourself calm in any situation of Bitcoin price and try to continue accumulating by following the DCA method regularly.

[Silikiem]

I notice that many investors are really interested in Bitcoin investment. most of them are due to impatience that makes them lose the opportunity that they will get to achieve their goal in Bitcoin. We should always keep in mind that anything that will bring you profit requires you to have patience before you can totally achieve the reward. Bitcoin is among the best if you invest in the coin, it will minimize your risk and still get you profit on it.

The way they said education is the key to success, that is how you need that patience before you can be educated and have the experience and achieve your goals on it. So many people that are willing to invest in Bitcoin need to keep in mind that they won't get huge profits on Bitcoin if they are not patient and invest for the long term.

1. Patients lead to success.

2. Patient make things possible in the future if you didn't giveup.

3. Patience makes you more confident that you will achieve profit on Bitcoin or any steady businesses you are into.

4. Patience makes you stronger than before, and continue fighting until you achieve your goals in any way you find yourself.

5. Patients make you think wisely to figure out your problems.

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

Patience is the only thing that can make you successful in life, which is also applicable to bitcoin investment because without patience no bitcoin investment.
 Investing for a long term of about 4-10 years or more, starting with whatever little amount you have with you using the DCA strategy to accumulate and hold unto bitcoin for as long as you want it, as a bitcoin holder long term investment reduces the risk of losing more money compared to involving oneself in short term investment.

Bitcoin investment is called a long term investment for a reason and now we can finally see the reason why is called a long term investment. Let’s take for example, those who invested in bitcoin by accumulating and hodl for long, let’s say 6-7 years ago, I believe that now they are reaping the fruits of their investment considering how the price of bitcoin have skyrocketed. This now should be able to teach us that patience is the key to a successful bitcoin investment, although at a point there’s also a possibility that the price of bitcoin will drop, but just keep being patience with your accumulation and don’t panic to sell especially when you notice a little downturn in the market as the price of bitcoin will continue to go up even though it drops.

[BitBakerr1]

I get your point about patience and not to sell our coin, but have you been faced with a very difficult situation, let’s say health situations and all you have to do is choose between your health and your coin?(I hope to see your answer pretty soon)
I believe patience is good but discipline is paramount when investing in bitcoin and cryptocurrency at large and when we talk about discipline, it’s not just about holding but is about how disciplined you are before investing(this has to do with, investing the right money at the right time), when holding and even after selling(for the right purpose)
Discipline plays a major role.

Ojinga I'm so confused about your write up, you are asking the OP question if when faced with a health challenge and is to choose between his health and his coin, and later you diverted to discipline so are you saying that if you are face with such challenge you won't sell your coin because you are disciplined not to do so, I think one should choose his health first, health is better than any money or coin when you are dead you can't continue your investment but when you are still alive you can always continue and even succeed.
And again it is always advised as a bitcoin investor to have a backup funds which is your emergency, reserve and float funds, this backup funds will help you in times of emergency for example health emergencies, now instead of you to deep hand into your Bitcoin investment what you will do is now to deep hand inside your backup funds, if you are an investor without a backup funds then surely you will use your investment for an emergency but if you have a backup funds you will always keep your investment safe.

[Miles2006]

Bitcoin investment is all about long term planning meaning an investor will have to hold bitcoin for a long period of time (4-10) years depending on their target. Irrespective of the market price buying and selling is meant for traders but when a person fail to understand basic knowledge about investing they see the market price as a means to sell their bitcoin, few might even panic. All what an investor need throughout their bitcoin journey so they don’t have to panic rather hold with patience is a good management plan, it all boils down to a good cash flow definitely but, it doesn’t mean a person will have to go all in, realizing every investment is risky including bitcoin the best advice here is invest using the money you can afford to lose. No one wants to fail basic reason why an investor should stay patience with their bitcoin holding.

[Ever-young]

Being patient in life is one of the best things an investors or newbies should engage in because since Bitcoin due fluctuate in nature, patient is really needed in building up your Bitcoin portfolio in a long term but a situation were by an investors or newbies is impatient with his/her Bitcoin journey, such a newbies or investors will not only lose so much money due to short term investment he might found himself, and also because of being desperate of quick money making that might lead investors or newbies to be impatient with their Bitcoin journey which will result to lost of many profits.

Impatience dey very bad and fit lead person to make bad decisions like to chase quick profits or make person to make some impulsive trades wey fit lead to losses, especially as Bitcoin price dey fluctuates.

But, if person get patience mindset, the person go find am easy to control themselves even as the market dey fluctuates, dey fit dey avoid costly mistakes, and fit help to reap better reward for this journey.

[Princess Leah]

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Ojinga I'm so confused about your write up, you are asking the OP question if when faced with a health challenge and is to choose between his health and his coin, and later you diverted to discipline so are you saying that if you are face with such challenge you won't sell your coin because you are disciplined not to do so, I think one should choose his health first, health is better than any money or coin when you are dead you can't continue your investment but when you are still alive you can always continue and even succeed.
And again it is always advised as a bitcoin investor to have a backup funds which is your emergency, reserve and float funds, this backup funds will help you in times of emergency for example health emergencies, now instead of you to deep hand into your Bitcoin investment what you will do is now to deep hand inside your backup funds, if you are an investor without a backup funds then surely you will use your investment for an emergency but if you have a backup funds you will always keep your investment safe.

I think I've cleared him on that, his questions are quite understandable based on the economic situation of our country and based in health issues too, but I've made him understand that Bitcoin is for everybody and even a low income earner can still participate in benefiting from it so far they can be patient and be consistent with their investment no matter how little they'll still make profits since the price of Bitcoin increases as time goes.

 As for emergency issues I've made him understand the aim of having an emergency fund intact for situations like that it's very beneficial for an investor cause the investor won't have to tamper with their investment when they want to settle emergency bills like health care bills, It's good that you helped explained further to make him understand better and convince him that in this economic situation one can still invest on Bitcoin all it just requires is proper understanding and good planning.

[ruykeri]

Bitcoin investment is all about long term planning meaning an investor will have to hold bitcoin for a long period of time (4-10) years depending on their target. Irrespective of the market price buying and selling is meant for traders but when a person fail to understand basic knowledge about investing they see the market price as a means to sell their bitcoin, few might even panic. All what an investor need throughout their bitcoin journey so they don’t have to panic rather hold with patience is a good management plan, it all boils down to a good cash flow definitely but, it doesn’t mean a person will have to go all in, realizing every investment is risky including bitcoin the best advice here is invest using the money you can afford to lose. No one wants to fail basic reason why an investor should stay patience with their bitcoin holding.

You have made a very important point. It is indeed true that investors must show a lot of patience after investing in Bitcoin. However, the sooner you decide to invest in Bitcoin, the better because the more time you waste, the more likely you are to miss out on opportunities. If someone has extra money to spend, there is no point in wasting time before taking Decision to invest in bitcoin . However, you must be very patient in the later stages of starting Bitcoin investing because making hasty decisions in a short period of time will definitely not bring good results. For example, let me give you an example the price of Bitcoin always fluctuates, and if suddenly the price of Bitcoin seems to be decreasing a lot, Then you must observe the matter patiently. There are many people who become too hyper and decide too quickly and sell Bitcoin. This has a very negative impact on Bitcoin investing because the right time to expect profit after Bitcoin investing is to wait a minimum of four to ten years and in the meantime, follow the DCA method and invest in Bitcoin with the discretionary income. The price of Bitcoin fell significantly in 2022. Towards the end of 2021, the price of Bitcoin was around $$46,197.31 . Later, it decreased and by the end of 2022, the price was only around $16,531.31. If someone were to lose patience at this time and sell their Bitcoins thinking that the price of Bitcoin would drop even more, they would have to regret it a lot in the present day. Therefore, those who want to invest in Bitcoin must be patient and pay attention to acquiring as much knowledge as possible to make timely decisions. Only then can something good be possible from investing in Bitcoin.



Price in 2021 End of year : $46,197.31
Price in 2022 End of year : $16,531.31
Price in 2023 End of year : $42,278.32
Price in 2024 End of year : $93,586.33
 Current Price: $115,334.10

Source: https://charts.bitbo.io/price/

[Nightwatchmare]

I get your point about patience and not to sell our coin, but have you been faced with a very difficult situation, let’s say health situations and all you have to do is choose between your health and your coin?(I hope to see your answer pretty soon)

If you are investing in Bitcoin with a long-term goal and suddenly you are faced with a serious health challenge and it happens that you need to sell your Bitcoin investment to save yourself, then you are free to sell your Bitcoin and save yourself because as long as you are alive, there's a big hope for you to invest in Bitcoin again when you are fully sound and okay. But if you want to sell your Bitcoin because of the little profit you see, I agree with OP: we should be patient enough and hold our Bitcoin investment for a very long time because that's when we are guaranteed to see good profit from Bitcoin investment.

[Anayochukwu]

I notice that many investors are really interested in Bitcoin investment. most of them are due to impatience that makes them lose the opportunity that they will get to achieve their goal in Bitcoin. We should always keep in mind that anything that will bring you profit requires you to have patience before you can totally achieve the reward. Bitcoin is among the best if you invest in the coin, it will minimize your risk and still get you profit on it.

The way they said education is the key to success, that is how you need that patience before you can be educated and have the experience and achieve your goals on it. So many people that are willing to invest in Bitcoin need to keep in mind that they won't get huge profits on Bitcoin if they are not patient and invest for the long term.

1. Patients lead to success.

2. Patient make things possible in the future if you didn't giveup.

3. Patience makes you more confident that you will achieve profit on Bitcoin or any steady businesses you are into.

4. Patience makes you stronger than before, and continue fighting until you achieve your goals in any way you find yourself.

5. Patients make you think wisely to figure out your problems.

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

You are absolutely right, the story of my journey to Bitcoin is a perfect example that patience and consistency is the key to making good returns in Bitcoin investment, I have friends that were with me in this Bitcoin investment journey, that were also interested in Bitcoin but today impatient has made them loss opportunities to make good profit. Impatient will blind you completely from seeing the bigger picture of Bitcoin, aside its volatile nature it is also very reliable in the long run.

[Gost ms]

Yes you are right OP, if a person invests in Bitcoin then he has to be patient. Because if a person cannot be patient then that person can be deprived of a lot of profit in the future and can put his holding at risk by investing in the short term. A person always has to be patient after investing.

There are many people who lose patience very easily. They have to remember that they are investing in a long term way so that they can get very good results in the future. If that person is not patient and if he comes in the middle and sells his holding then he may regret his impatience after a few days. Remember one thing a patient person gets very good results in the future.

[Scarlett_23]

I notice that many investors are really interested in Bitcoin investment. most of them are due to impatience that makes them lose the opportunity that they will get to achieve their goal in Bitcoin. We should always keep in mind that anything that will bring you profit requires you to have patience before you can totally achieve the reward. Bitcoin is among the best if you invest in the coin, it will minimize your risk and still get you profit on it.

The way they said education is the key to success, that is how you need that patience before you can be educated and have the experience and achieve your goals on it. So many people that are willing to invest in Bitcoin need to keep in mind that they won't get huge profits on Bitcoin if they are not patient and invest for the long term.

1. Patients lead to success.

2. Patient make things possible in the future if you didn't giveup.

3. Patience makes you more confident that you will achieve profit on Bitcoin or any steady businesses you are into.

4. Patience makes you stronger than before, and continue fighting until you achieve your goals in any way you find yourself.

5. Patients make you think wisely to figure out your problems.

Let's be patient in anything we are doing so that we won't regret our bitcoin investment journey. The way we have the confidence that it will be profitable in Bitcoin for the long term, let's keep that word possible and not sell our coin; even if the market is bad, let's wait for our target before selling it.

As the saying goes, the fruit of waiting is sweet. Waiting means patience. Without patience, nothing ever succeeds. It is not possible to make a profit immediately by investing anywhere in the world. There is no such thing as "I came, I saw, and I conquered" in jobs, business, and even in education. There is no substitute for patience and consistency in investment. A good portfolio is created as a result of patience and consistent investment.

On the other hand, the Bitcoin market is very volatile, so you should never be afraid of this volatility. If you sell when the market is volatile, there is a possibility of loss in two ways. First, you lose by selling at a low price. Second, the money you get by selling is cash. And if you have cash in hand, it can end at any time for any reason.

Therefore, when investing in Bitcoin, it is necessary to remember that as long as it is not sold and its seed phrase is under the control of the person, he can expect something good.

[Humblevirus]

Patience plays a very important role in Bitcoin investment. If someone is not patient enough, they will hardly make the profits they are looking for from their Bitcoin investment. Many people we see are complaining that they sold their Bitcoin at a loss, all because of their lack of patience. I have a friend who purchased Bitcoin during the last bull run when the price was around $55k. But with time, things turned around, and we experienced a bear market. The price of Bitcoin just kept going down. He decided to sell, but I asked him to hold on until the next bull run. He refused, and that's how he sold his Bitcoin at lost. As Bitcoin’s price started increasing last year after he sold, he started blaming himself for doing so, even though he sold at a loss. If he had been patient enough, by now he would have been in profit.patience is the key to bitcoin investment.

[Princess Leah]

Patience plays a very important role in Bitcoin investment. If someone is not patient enough, they will hardly make the profits they are looking for from their Bitcoin investment. Many people we see are complaining that they sold their Bitcoin at a loss, all because of their lack of patience. I have a friend who purchased Bitcoin during the last bull run when the price was around $55k. But with time, things turned around, and we experienced a bear market. The price of Bitcoin just kept going down. He decided to sell, but I asked him to hold on until the next bull run. He refused, and that's how he sold his Bitcoin at lost. As Bitcoin’s price started increasing last year after he sold, he started blaming himself for doing so, even though he sold at a loss. If he had been patient enough, by now he would have been in profit.patience is the key to bitcoin investment.

Except the person is someone who only cares about the short-term risky profits side, I mean a trader then they don't have much to deal with being patient but once one has made up their mind to thread the path of buying and holding for a very long period then patience is the key to achieving that, without it the investor is wasting their time.

 One thing some people forgot is the volatile nature of bitcoin,  they fail to understand that there's uptrend and downtrend that's why they rush to sale at lose over every slight downtrend, forgetting that it would still correct and improve again, at that point he would just used that opportunity to buy more instead of selling or even hold on.