Why is there a CRY in CRYPTO?: Tasting Your Patience to Gain More

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I was recently thinking more about cryptocurrency, its origin, market analysis, and strategy, and then I stumbled on this topic. I took some time to think about it because it was somewhat charming, and here I am now. One of the things I have noticed about me this year is that I am more quiet, and I analyze things so much this year that I don't let a thought pass me by without analyzing it to some extent.

The fate of cryptocurrency, especially this time around, demands that one rethink what crypto is over and over again. The case study of taking crypto to be a get-rich-quick scheme has lured many into several losses, scams, and very many misfortunes that are difficult to handle, and one bad thing about this is that most of the misfortunes were gotten because the holder was impatient and couldn't have the strength to wait any longer.

It isn't enough to believe in cryptocurrency for riches and wealth; rather, it is enough to make the sacrifice needed. I am among the people who believe in the notion that nothing just happens, and for something to happen, it must have been facilitated by something. The get rich scheme attached to crypto just because most people who have cashed out big time benefited from it is what is making some people without proper study and patience lose more in cryptocurrency.

Training Your Mind To Be Patient Enough

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I understand the feeling where one would buy a coin at a very high price of reputable worth and in a matter of minutes, the amount turns messy and money is lost. The reason why I would understand this much more is because I have not just seen it happen but rather it has happened to me.

Being patient, especially when it comes to cryptocurrency and losing money, is something impossible to handle. The real deal here is that even if one has the patience to let a coin dip badly, what is the firm assurance that it will bounce back to normals such that the required gain is being counted?

This aspect of cryptocurrency, to an extent, is difficult to handle but to those that have developed it, they stand the chance to gain more because most of the patient crypto holders are those that invest in crypto projects with potentials such that, notwithstanding how dip the coin has gone, the potential of it turning back and gains counted is readily available.

My candid advice to this is that to any crypto investment done, it must be one with potential and the necessary back-ups that support it, such that this support serves as the peg that makes one not completely lose out irrespective of what the token has to offer in the market place.

Adjusting to Times and Seasons to Gain More

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We all know that, as far as cryptocurrency is concerned, there are two different seasons, which are the bear market and thebull market. These seasons are time specific and to an extent, they are unlikely to be predicted by anyone but there are signs that might spring forth that one could use to judge any season becoming close.

Normally, during the bull season, most currencies, depending on the nature, do a time of 30, 50, and above, and most people withdraw their tokens in use for anything of their choice. This season is most often marked by smiles and happiness and can be likened to the time of harvest.

Still in the same vein, there is still bear season when the tokens dip and their value reduces. To most people, this is the time they cash out most because they buy during the dip and sell during the bull.

To get the best from cryptocurrency, it must have been that the patient factor is cool and working and that on a high level, because sometimes the coins that don't look like them are the ones that bring the bag but how do one get them if patience is not there?

Thanks for stopping by, friends. Have a nice day.

Posted Using InLeo Alpha