The biggest lesson I’ve learnt hodling crypto? How to be patient

By nature, I’m not a very patient person. It’s one of my failings. One of many, I’ll admit. But for reasons that sometimes I can’t explain – even to myself – being patient with crypto comes relatively easy. The closest I ever got to selling due to uncertainty and lack of patience was March 2020, but I still didn’t.

That’s actually a complex conversation, and one worth having, because learning to live with – and through – crypto’s volatility is one of the driving factors for adoption. As more people get in and regulations come, the price will stabilize, but at the moment, the price is still moving ‘sideways’, with short, massive spikes and extended periods of ‘red’, because people who aren’t used to it buy some, they see a -30% or -40%, panic-sell to cut their (perceived) losses, helping the bear stay asleep.

Sometimes friends ask me how to invest in crypto, and I always tell them 1, nothing beats BTC and ETH even though they look expensive and 2, if you decided to buy some, start small and don’t panic when you see a massive drop, which it will. It’s normal. Just another day in the crypto space.

How about you? Are you patient by nature or has crypto helped you?

I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free, and on Foodtribe.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC for your first deposit on Coinbase or Binance

Get free diamonds use my CoinmarketCap code

Leave a Comment

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s