8. The Importance of Patience in Investing - Deepstash
8. The Importance of Patience in Investing

8. The Importance of Patience in Investing

Patience sets your price. Waiting patiently can result in better entry points and long-term returns.

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maks1

Wealth Building. Business. Investing. Crypto and Technology. Entrepreneurship. Reading, Learning and Writing.

Michael Saylor shares 19 wealth principles focused on Bitcoin, long-term thinking, scarce assets, clarity, and financial independence in chaos.

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The Price of Patience.

  • If given a price worth waiting, people will naturally demonstrate Patience.
  • But that often creates high expectations, which may lead to misconceptions.
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  • Money in stocks, over the long term, tend to offer very good returns, but stocks tend to be very volatile, with lots of short-term jumps and falls in value. Hold on and be patient.
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