10% buying, 10% selling, and 80% waiting: does this sum up the nature of crypto?

[Fidelia]

I saw this information today on a crypto blog. It states that the crypto market is basically 10% of buying a token and selling a token is just 10% of all there is in crypto. The waiting game is about 80% of what crypto is about. How true is this?

 

[riberet19]

The waiting game is fine as long as you enter at a fairly optimal entry point, technically speaking, and the cryptocurrency has a good fundamental; that's where it can work.

 

[Suba]

This 10/10/80 strategy has been applied to my crypto portfolio, although I use a slightly different approach or percentage, but basically the same. I apply waiting or hodl 70%. like when the price of Bitcoin fell to the level of $ 76k, I bought 10% and a few days ago when BTC peaked at $ 112k, I sold 10%.

 

[SilverLance]

The real game isn't just about buying low and selling high. It's about being around long enough to see it happen.

 

[King Belieal]

The 80% stands for patience. And anyone that is in crypto should have that in excess.

 

[SilverLance]

Patience is the hardest part, especially when social media, news, and influencers try to rush your decisions with hype and fear.