Ask Leo: Does patience and consistency makes an investor to make profit

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(Edited)

Patience is one of the characteristics an investor must possess and if an investor is not patience enough is ready to lose all its coin in their portfolio or even quit the crypto world. Being patient make an investor to make great profit. An investor must be able to hold unto its coin when the market is down that during the bear market and when the bull market comes. Being patient make an investor to make profit because when the price is down it helps such investor not to sell its coin and he will be able to wait for the right time to sell its coin.

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Also as an investor, in order to make greater profit in the crypto world they must be able to be consistent when they are buying. Being consistent make one to accumulate more coin at an interval which makes them to make more profit. Such investor can make use of Dollar Cost Averaging (DCA) in buying which requires one to be consistent in buying at a regular interval in order to beat the volatility of crypto and make better profit and more coin at the end of the day.

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Definitely, being consistent with all your doings is very important, but at the same time all trades or investments should be done out of greedy

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