As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business its only patience ones that would feed from the milk of a lion . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, im In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while its at dip. Trust me, you wont live to regret anything if only you would be able to hold with patience. Thanks
Patience is indeed vital. A lot of people seem to come in expecting quick gains, and price movements to always be upwards. People also tend to panic whenever a coin starts dropping. The most valuable advice to anyone new who is looking at price charts and panicking is this: zoom out. Look at the long term trend in crypto, look at where prices were a year ago, and five years ago. Crypto is the future, and eventual mainstream adoption of blockchain and smart contracts etc is inevitable... but there will certainly be bumps along the road.
Be calm, look to the future, don't panic.