What is the role of patience in successful investing?

[You]

Patience is often described as a virtue in the investment world. Successful investing requires a long-term perspective and the ability to withstand short-term fluctuations. The market is notorious for its volatility, and impulsive decisions based on short-term events can harm your investments. Patience allows you to ride out market cycles, benefit from compounding, and make rational decisions based on sound research rather than emotions.

 

[eldavis]

Patience plays a very important role, not just in investing alone but in anything we do. If we are not patient, it could often lead to mistakes and errors .

 

[Hate2Wait]

Investment is a game of patience and we need to stay patient if we like to make big. There is a study that revealed that investors who didn't touched their investment for years made more profit.

 

[Bisolami]

Patience is often described as a virtue in the investment world. Successful investing requires a long-term perspective and the ability to withstand short-term fluctuations. The market is notorious for its volatility, and impulsive decisions based on short-term events can harm your investments. Patience allows you to ride out market cycles, benefit from compounding, and make rational decisions based on sound research rather than emotions.

Some people are not patient and they want to withdraw their money from the Investment platform very quick maybe because they are scared of losing the money but they won't make profits that way