Five Reasons Why You Wont Ever Be Successful In CryptosteemCreated with Sketch.

in #steemit7 years ago

Screen Shot 2018-03-03 at 9.51.43 PM.png

1. You Lack Patience

Patience is not the ability to wait, but the ability to keep a good attitude while waiting.

2. You Rely On Others To Do The Work

3. You're Greedy

4. You Rather Blame Someone Else For Your Own Mistakes

5. You Only Think About Yourself



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I just buy and hold. Buy and hold. One day I'll decide to sell and until then I really don't care what is going on.

yeah i find it not best to constantly be looking at the prices of what you hodl bc if you look, see it run and sell, most of the time you sell too early and lose out on potentially huge profits (I did this once and was kicking myself in the butt for it) OR it could be vice versa... your hodling dips, you panic and sell out for a loss... Buy and Hold is always a good route to go

I think this was written specifically for me

i think of it in the patience like i was scared about the money going down but from that i try to find the sources to figure how the market goes. i see crypto as like how the stock market works. buy low sell high if you know that and got sources to tell you got better chances. we're in a business of gamble here

You said it way better.
No need to add anymore cause this is it.
Keep on steemin'

If you think of it, these rules apply in all walks of life and not just in crypto!

So basically:

  1. Be Patient
  2. Do your own homework
  3. Take profits
  4. Accept responsibility for your actions
  5. Engage the community for the benefit of all

Great advice! Thanks!

Simple and true! Thank you for the precious reminders brother! And for the comment on my facebook post yesterday :)