Ask Leo: is patience required towards achieving crypto currency investment goals?

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Life itself required a lot or a little bit of patience to achieve our purposes and that also includes investment especially when one is going in to crypto investment. Investment is just like a sowing seeds, it will surely required a lots of patience for the seeds to germinate and grow before one will have to harvest.

What is patience

Patience is the ability to allow sets back and remain calm despite the or the capability to go through any form of delay without complaining or loss of temper.

Reason why patience is required towards achieving crypto currency goals

To be able to attain one purpose approach to crypto currency then one have to be extraordinary patience because of the volatility nature of crypto currency.

I used joining the hive blockchain as an example of Crypto currency investment, when one first joined the blockchain, the fact that you're starting at zero means a lot of patience must be exercised for one to grow up along the journey because of different challenges that may occur. Crypto market being volatile in nature is the more reason patience is required to attain the approach to crypto currency goals because of the unpredictable market situation which may sometimes fluctuate or going up an down unexpectedly.

The main purpose of individual approach to crypto currency investment is for one to make huge profit and to achieve that one must go through different obstacles especially about the market situation. Example of why patience is required towards achieving crypto currency goals is the current situation we are presently going through with the bear market in which the stocks are already in decline order for more than one month as the coin leader have to suffer another big drop below 30k and other coins including the hive token.

For one to deal with such situation especially the bear market, it takes a lot of patience as one can't predict when the market will go up again and keep holding in the process. The fact that bear market is always an opportunity to invest more in to crypto currency always required a lots of patience. Imagine,for someone who is buying in to the dip, that's at a low price and will later sell at high profit when the stocks rise again even when one doesn't know when the market bloom is definitely the best way to say that patience is what is required for one to achieve crypto currency investment goals or success.

Patience is always required because it enhance our potential to welcome any form of setbacks and be fond of life much more. Patience grant us the energy to be persistent and make more fruitful resolutions which many a times lead to significant accomplishment.

The best approach to become patience in ones investing is the ability to have a good plan and having a financial goals being set up and also, keeping it in mind is very important especially during volatile moment and acknowledge that market inconsistency is usual thing.
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14 comments
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I think the window for most get rich quick moves has past, and I'll be happy if I'm wrong, but it's a sense that I have.

However there is still plenty room for build wealth patiently!

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Sometimes we forget that we still have more time but just like you said, there are still plenty room to build wealth patiently

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A lot of it has to do with patience and forward planning. If you aren't patient and on top of that you have no clear plan on where you want to go with crypto there is a very high chance you will get completely rekt somewhere along the way.

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Plans can't really work out if one doesn't apply patience because it takes gradual process for plans to work and to avoid messing things up along the way one have to be patient and take things one after the other.

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