Many newcomers are attracted to the cryptocurrency world by the fame of Bitcoin, but when they look at their investment portfolios, they often find themselves holding a bunch of altcoins. Even if these individuals initially planned to invest only in Bitcoin, they might pick up some cheap chips during a bear market, but ultimately find it hard to withstand the extreme volatility of the crypto market. Many choose to exit early, and very few are able to hold on.
When individuals go solo in the market, it is often difficult to control their impulses and they are easily influenced by group emotions, which ultimately disrupts their decision-making; this is human nature.
If one focuses on holding Bitcoin from the very beginning and patiently waits, making money is entirely possible; the only question is how much one can earn. Even for those who entered at high prices and got stuck, recovering losses is just a matter of time. Persistence and patience are the keys to success.
If you are feeling confused and don’t know what to do, you can follow me and reach out anytime.