Buying altcoins, whether they are memes, defi, metaverse... requires much more than just knowledge about the chosen blockchain. It requires something that we have forgotten in our daily rush and that we should always have... yes, the famous patience.
Patience is a human virtue based on emotional self-control and when I say self-control, it means knowing not only to wait for the cycle to happen, since investing in altcoins is nothing more than 3 years of accumulation/suffering and 2 months of pure happiness, but also knowing when to realize your profits.
Imagine being positioned in a currency for years and leaving with the first 50% of profit and feeling fulfilled at first. And then seeing the same currency rise 100/200 percent... What a pain in the ass.
Warren Buffett, who has always had a vision ahead of his generation (just like the one who did short selling on the New York Stock Exchange in 1929... 1929, oh my, without technology and with information delays... but that's a topic for another day.) has many memorable phrases about these moments of tension and these are the best.
- "Successful investing takes time, discipline and patience"
- "Be greedy when others are fearful"
- "The market is where you take money from the impatient and give it to the patient"
- "Don't own a stock for even 10 minutes unless you're willing to own it for at least 10 years".
And speaking of owning stocks for 10 years, have you ever wondered which currencies did well in 2017 and 2021? Do they still exist? Let's take a look at the many changes.
#USTCPRIMEIRO #LUNC #ETH $USTC $LUNC $ETH 2017/2021