WHEN YOU THINK OF LONG TERM IN CRYPTO , THEY YOUR MIND CAN BE AT REST
At first when I wasn't into the crypto system and I hear people talk about how profitable it is to invest or trade crypto I always think it's something very easy,I feel like it something you put your money and within a very short period of time it start yielding massively,yeah you could be lucky at times but in most cases you have to be patient and the only way you can be patience is if you are not thinking of getting instant return.
HAVING THE LONG TERM MINDSET
Most people joined the crypto system with the intention of making massive profit or gain from it within the shortest period of time,I can say that the reason why I am I to crypto today was because i thought I could earn a lot of money from it withing a very short period, but unfortunately I was totally wrong.
After my first investment in crypto about two years ago that haven't still yield up till now, my understanding of making money from crypto within a short period of time started changing I begin to see why it is very important to always have a long term mindset because as at the time of my investment my thinking was that at least within a month or two I should start seeing profit from my investment,but it never happened instead I starting being under pressure because of my high expectation.
So many months gone and without seeing any return and now I understand why you always have to think of long term before investing especially in cryptocurrencys, if you are coming into crypto with the short term mindset,then be prepare to face the consequences of thinking short term. One effect of thinking short term during investment in crypto is that you are always expecting which might never happened at period of time thereby putting yourself under unnecessary pressure, but with long term, you already know what you going into and as a result your expectations are not immediate, this helps in keeping the mind at rest,so I think it's good to always have the long term mindset.