Patience is a virtue of a few. Billionaire investor Warren Buffet once said, ''Our favorite holding period is forever.'' He explained further; ''If you don't feel comfortable owning a stock for 10 years, you shouldn't own it for 10 minutes.''
Despite losing $23 billion during the stock market crash in 2008, Buffet still held on to most of his assets and stayed strong through the long term. The value of his stocks has now more than tripled making him the seventh richest man in the world.
Buffet did not pull out his assets with fear in 2008 and this attitude of 'holding on' makes him an ideal investor as he zipped past through the ''financial Pearl Harbor''.
Buffet is a prime example that holding on to stocks for the long term would deliver enormous results even after the market crashes, but remember when it rises, your assets could grow tenfold from the invested amount leading to life changing fortunes.
Shiba Inu Investment Advice
More than half a million people have invested in Shiba Inu and majority of them have purchased millions and billions of coins at affordable prices as SHIB is trading presently for less than a cent.
Financial experts predict that Shiba Inu could reach the 1 Cent mark post 2030 as the current decade makes it impossible to reach that milestone due to the global economic uncertainties conditioned by the Covid-19 pandemic.
Will All Shiba Inu Investors Turn Millionaires?
Investors who have purchased millions and billions of coins have a realistic chance of turning millionaires when Shiba Inu reaches $0.01. However, unfortunately, not everyone will turn out to be millionaires. But why, you may ask? Well, here's the catch!
An investor would go through several ups and downs from 2021 and beyond, as the crypto market is nothing but a mean roller-coaster ride that would drag investors down a filthy hole in the harshest way possible.
Not everyone is mentally capable of riding the crypto market and majority of investors who have invested want to see 'instant results', and that is closely next to impossible.
Investors after placing their money on SHIB, check the prices hysterically every hour of the day and this unruly habit builds up mental pressure when they see the coin slipping during the trade, which would eventually make them to pull out their assets in a few years down the line.
Most of the current holders would eventually sell their holding before 2025, as they're unwilling and have no patience to reach 'to the moon' and miss out on making generational wealth.
By the year 2025, more than half of the present investors would have sold off their holdings being frustrated that the coin isn't reaching their desired goal and would miss out on a life changing moment due to impatience, but would reap the rewards if they held on for a few more years.
Shiba Inu, in reality can make every investor a millionaire if they 'hold on' to the long term until it reaches the 1 Cent mark and the simple trick to achieve this - is to read the first paragraph of this article again.
