Patience is a Virtue: Investing in Crypto

My 6th grade teacher, Mrs. Collins, always stressed the importance of being patient. Everyday she would tell us that patience is a virtue. This is one of the most important lessons I’ve ever learned. Great success comes from patience. 

I see many investors and traders rushing into cryptocurrency, many with no sense of the technology or understanding how to invest. This is a big mistake! They are chasing returns that happened already and quite likely aren’t going to happen again, but that doesn’t mean you can’t make money. 

You need to be patience and stop expecting Ethereum, Bitcoin and other tokens to double everyday. The music will eventually stop and the market will need to take a breather. This is when your patience will be tested. Are you an investor that buys the dips or sells in fear?

I ask that people who are starting to invest in crypto or those who already do to really research the space and learn the technology and the fundamentals. The biggest gains aren’t going to be made in the next year, but in the next 20 years. Patience is a virtue.