The cryptocurrency market is like any other stock market, a product of many speculations and short-term movements based on quick profits.
The profile of investors causes financial markets to suffer many fluctuations and some to fall by the wayside, impatient to have everything in a very short time.
There are still people investing who believe they can become millionaires overnight and turn $10 into $1 million in a week.
The great truth is that investments in any market obey the maxim of patience and capital. What does this mean? It means that money calls to money, and large fortunes are the ones that really have the ability to move the market both up and down.
The small and medium investor has a very important weapon that must be used wisely. That weapon is patience.
The small and medium investor must be aware that quick wins are a cliché and a utopia, and the best strategy is to navigate the market guided by those who really control the stock movement and make the best use of it.
Hodling, selling high, and buying low, always with a clear mind, is the smartest way to make profits while minimizing risks.
It is very important to invest capital that is irrelevant to the economy of the small or medium investor and to move humbly and intelligently through the markets to gradually increase the value of each one's portfolio.
With patience, good moves, and luck, one can emerge victorious in a market that is not patient with the impatient.
Good luck with your investments and don't lose your head.