Patience is three-quarters of success in the world of crypto

In 2018, Youssef, a young Moroccan man in his twenties, began his adventure in the world of digital currencies. He was passionate about technology and started a small investment in Bitcoin, which began to witness a remarkable rise at that time. Over the years, his profits multiplied significantly.

But in 2021, when the prices of digital currencies rose to an unprecedented level, Youssef decided to sell part of his investments in Bitcoin, making a huge profit of $ 30,000. Instead of keeping these profits, he decided to take a risk and invest in other emerging currencies such as "Shiba Inu" and "Dogecoin", which witnessed great popularity due to the media hype.

As market volatility escalated at the end of 2021, these currencies began to witness a sharp decline in their value, prompting Youssef to make a quick decision to sell his investments in the first moments of the decline for fear of further losses. Little did he know then that these currencies would suddenly rise again, doubling their value dramatically in the following months.

Today, Youssef knows that in the world of cryptocurrencies, “timing” is the decisive factor. What seemed like a wise decision to minimize losses later turned out to be the reason for losing a large portion of his profits. Youssef’s story reminds us that rushing into decisions or selling in times of panic can lead to losses even after making initial profits.