I've been in the crypto game for about 9 months now, and the best advice I ever got was near the beginning. Since I was told the secret to crypto, I have learned that it is very true. 

"Patience Is Gold"

(Source)

A friend of mine sent me a text when he heard I was into crypto and this is what he told me.

"Crypto is exciting, but the most boring thing to do in crypto is the most successful. Find projects you things are good and serve a purpose. Buy and wait. Patience is Gold."

I have tried to prove this theory wrong a hundred times, but it is absolutely right. When it comes to crypto investing, if you are trying to make money, then be patient.

If cryptos and the blockchain technology become more and more helpful and useful to society, holding the coins will become more valuable. 

If you just bought a coin and it dropped 50%, don't sell it. You will have a 50% loss. It's only a loss if you sell. Instead, commit to waiting six months. There is a very good likelihood that the coin will again increase in value and you could sell it at a profit.

This has happened a couple of times since my time in the market. 

I'll give you two examples.

Ripple - I bought about 200 Ripple last summer for $0.30 cents each. Not a lot, but it dropped to around $0.15 cents and I sold it in a panic around $0.17. It was one of the first coins that I invested in and it dropped and I only pulled out after exchange fees less than half.  If I would of held on to it, those 200 Ripple would be worth around $260 today. It was worth about $600 at it's peak.  I was kicking myself during the huge run. I cashed out about $35 for what could have been around $500 if I waited about five months.

EOS - When EOS launched I was able to pick some up for $1.94, but then they started to fall and dropped below a dollar. Instead of panicing, I did the exact opposite of what I did with Ripple.  I was a little more experienced at this point. I took some Steemit earnings and converted some Ethereum and doubled down on my investment into EOS. I committed to holding for one year to see where it ends up. Right now, that investment of a $150 is now worth $1,000. Who knows what it will be worth in another 6 months.

The moral of the story

If you want to find gold at the end of the crypto rainbow, then you need to be patient. Patience is gold. No go out and wait... lol

Thanks for reading and remember I'm not a financial planner, a psychic or prophet, I'm just a guy telling you my crypto story. 

What is the best crypto advice you've ever received? Let me know in the comments below.

Thanks for reading.