Ask leo: does the market price affects our investing habit when followed seriously in Crypto

The idea of Investing for long in Crypto with the aim of exercising patience is really a hard decision to take in utilizing your profit for a long time which can happen when probably the bull market eventually takes over fully.

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This decision however can't really be accepted by some people because no one really knows how long it can take before such profit can occur, in the sense that it shouldn't look like a waste of time in waiting for an unexpected bull run to showcase itself.

It is quite known that before the Investments can be profitable it have to take the followed up process in the market price before it can be utilized. This however helps to keep in track when an investment can be done with the impact of the market price especially during the bear market.

We have people say that it is really not advisable to follow the market price if throughly you want to invest in cryptocurrency, in other for the price not to affect your investing habit. This however is the aim of such person not having the mindset of losing especially when the bear market is experiencing a serious bloodbath.

But then I believe such opinion is vice versa because If you don't follow price how then can you know when it will rise or when another bull run will take over. This opinion only depends on how your mindset is been trained to secure your investment in Crypto for long.

The prices can only look tempting when the bull market start to experience a little profits in your investment and when such individual notice the little profits it is now left for such person to decide whether the profits needs to be withdrawn or still hope for a higher one in the nearest future.

It is a choice of the mind so it depends on what you really want to use your Investments for when following prices seriously. If your aim is to use the Investments for something at the moment then there would be a distraction but If it for future purposes I think that won't really bother.

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