Bitcoin Forum

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

'waiting for a drop can cause you huge percentage gains'  ;D you pretty much said it, just explain that you take a risk by waiting that the price may never fall again and you will be waiting forever. It is the same logic as bag holding where people hold a coin waiting for it to rise again but it never does.

We provide free poloniex signals in telegram


Today profit 85% so far........

You can see all the calls at my poloniex signal channel on telegram.

https://bitcointalk.org/index.php?topic=2510441.0
Join for more
https://t.me/poloniexsignalsforyou

I tell these people that they continue to wait for correction before buying ... In fact, now there are a lot of people who are waiting for a bitcoin at a price of 2500-5000 and sooner or later most folks will buy high (FOMO) and then lost money...

Waiting can cause a bit of aspect to ensure that your on the right track for investing, on the contrary it might be also affect your gain if the altcoin your investing with never to surge but downfall. :'(

Just let them wait until they asked themselves "what's going on".

That's the problem of some people and honestly Im sick of those especially in social media. When they desired of price decrease and it happened, they will wait for more resulting again for another waiting because the price goes up later on.

No need for further explanation to them. Let them feel being regret so that next time they  will know how to deal with the risks. Too much waiting can really wreck people's strategy.

I think the problem is that people will blur and do not buy what they want more cheaply. They understand that they could make good money. But many of them are newbies, and they know little about BTC and about the crypto market as a whole. And the fear of losing money by investing in an unfamiliar and risky enterprise holds them back. Most likely if now BTC would have fallen to 5000 for example. We would have bought it for such a price? Yes, because we know that almost 100% will grow and this is a correction. And the newcomers would not have bought it either because they thought well, the whole pyramid was over or something like that, well I did not buy it for 10,000 (for example)

Some people say wait, some people say buy now. Some people say bull shit without assessing anything. The price increases or decreases due to market conditions, futuristic expectations and what not. Most of the people would have said wait because of past experiences but apparently 2017 is really contradicting literally every thing. So it's always suggested to do their own due diligence before taking a decision and not just rely on people's decision.

I try the psychology of waiting now for selling cryptocurrencies, because I always sold at each little drop and baught another cryptocurrency. So I sold Bitcoin at 900$ at beginning of this year. The psychology of waiting to buy works only for traditional markets. At the moment all serious cryptocurrencies tend to continuus upturn and that will last a few years.

Waiting is for coward, you have to moving, whe wheel got to spin, in other way you can wait whole lofe and do nothing, it is a losing strategy in my opinion.

They all are waiting for a dip, but the reality is that this dip is never going to come, and if it happens, there will be a lot of fud over the price and no one will buy bitcoin anymore because of fear (including all of those guys,
lol)


I have been in this forum for a long time, and seriously, i have read a lot of stories about people waiting for dips and corrections and so on, and trust me, none of them is going to re-buy if there is a dip, because they do not even have balls to buy on a bearish trend.

It is simple as that.

There is no need to tell this to them. I think they feel it right now.

The current situation is crazy. Seems like there are so many journalists right now who want Bitcoin to drop. This is pure Fomo.

As long as so many people out there don't stop calling the crypto bubble it will rise.

i also wait for drop not big one like 8000$ only small correction will be good.

now i waiting for 15,000$ down

I know sooner or later it will come to 12-13k$ So better wait

That is two edged blade. Because in most cases waiting for just the right moment to buy never comes, and you think that it was a bad move to wait and that you should have bought. If price drop enough and you bought at higher price, you will think that it was bad move and that you should have waited. What ever person do, there is chance for both outcomes. So think carefully,  decided what you want to do,  and do not regret it.

Let them wait and miss the opportunity to gain profit. I have heard a lot of them thinking that is a good strategy. However, I'm not a supporter of it. Before I also practice that, but then I realized that it doesn't make sense at all. Because the price that I want to didn't arrived because the next day, bitcoin recovered beautifully that I should have taken a profit already if I bought the previous day. The last good price that we can get was around $13K, so if you still didn't buy it then its already a lost for you at the current price. Now you have to wait at $15K, will it dip at the price? Most likely it will come however, the question is when?

This is about your expectations, and if you believe there is room for improvement, you will not be alarmed. Everyone can withstand the pressure is not the same, I wish you good luck!

You might be referring to Charlie... Charlie Lee tweeted this line a while ago.

Anyway, experienced traders wait for a bearish market before they buy. Bullish may look attractive to noobs, but it is very risky to panic buy at bull runs. Now, if people are waiting for a price drop then they might be basing it from their long years of experience. In the first place, you will never lose if you wait for a price drop compared to buying it now and then it will fall in the next few months. Let them do what they have to do... every trader has different strategies based on their goals.

Panic buying will cause you anxiety attacks  ;D

I'm one of those people that sold at what I thought would be the peak ($5k) hoping to buy back in at a dip around $2k again.. it never happened. They're all speculators, the people saying a "dip is imminent". It might be, it might not be. If they're right, they'll boast about it, if they're wrong, you won't hear them mention it again and it will be forgotten. Best to trust your own judgement and HODL.

Yap that's the exactly the things that my friend keep on doing, I keep on asking them to invest in Bitcoin since the price still $3000, but they always postponed and wait for the price to go lower, and I always tell them no matter how high the price has gone, if it still got chance to go up just buy, because in the end you will get profit

What do you mean cost them huge percentage of gains? Do you try to say if the do short trade so they will have more gains?
I think not all people or trader like to do day trade. Most of them just want to keep holding. Thats the way they do trading. Every people has different style mate.

Yes there are traders out there who are willing to wait for a huge drop to start buying and this guys are not just waiting for a huge drop like $6k, they set a reasonable price to wait and start buying and I think most them depends of percentage instead of a fixed price because with percentage you can create an average for you to decide what price is a good time to buy.

They're kinda pathetic and I'm sorry for that, waiting for bitcoin to have a downhill is too far to happen like just look at the current price and wake up from their dream and live in reality. Instead of waiting, why not buy now and have a sure profit afterwards as you can see the graph its uptrend and it's unstoppable. I always saw people asking if that price is a good entry point or they'll wait a good timing without realizing that they actually missed the perfect time.

Most of the traders who waits for huge drops are apparently the whales and some of them creates a little noise/fuds just to create panic and make those wake handed traders dump their coins, and that is the perfect time for the huge whales to buy and earn. We already see a lot of these happenings and the whales are always the winners on this kind of trades, Buying low and sell high is just a simple strategic game on them and yet they earn huge with this.

I am not different with them before and until now. But you must step up as always.
Even if there is a lot of people telling you to change how you think it will still depend on that person.
If he is really willing to sacrifice all to wait then we cannot do anything about it.
Regrets will make him change once he see bitcoin up.

For me waiting too long is not a good choice. it's better to trade in a short period of time because we can get a quick profit, although with little advantage but we still can feel it. Let's think objectively that the benefits we get we can collect little by little. Trading is a very important thing to the strategy, but we must be able to choose the right way and right because it can make us get different results. Coaching psychology and patience is important, but when we have the opportunity then do it !!

Well if you are a swing trader this strategy will be you bread and butter, of course nobody wants to buy if they can get it cheaper. If you check charts there is no way that a single coin can go on a straight line it will go up in a wave pattern.

Now if you are waiting for a crash definetly it is really hard to predict. Nobody know when will it happen and not everyone are willing to buy when the price is dropping. People are always saying that they are just waiting for the right opportunity to buy but when that opportunity knocks on their door they will just ignore it.

yes this is really happen that some of us here had that kind of strategy when it comes in buying , for me this is helpful this is what some way for you to have some at least an average profit too.

This is the difference between the best traders and the ones who miss out, it's being able to accurately identify where the drop will go to. Take Ethereum for example, it was quite obvious there would be some correction after passing 700 but it's deciding at what point is the top to sell and at what point to re-enter, if you thought 550 you're not sitting there with regret, if you thought 600 you just made a cool 20% or more.

Time goes by, whether as long as you wait your money will flourish? certainly not not.
If today you say "I'll buy bitcoin when the price goes down and I'll sell it again when the price goes up" and then for a few years you wait for your money to just save it and it turns out bitcoin prices continue to rise, if you do not regret not buying bitcoin at a time right?
If you do not have enough money to buy bitcoins, use your money for other investments.

It seems that they are miss the chance of gaining profit in the increasing of bitcoin price. Its good to buy bitcoin as soon as possible. Tell them about that. But I cannot push them to buy bitcoin now.

It's their choice and we have nothing to do about it. They definitely buy at the higher price for sure because they know it's a waste of time waiting for that very low price that's impossible too happen.

You have to be realistic, waiting for a 15k drop is okay, 10k at best why not, but it won't go under this, you have to accept bitcoin now reached the mass market and you missed the opportunity to get it cheap

A 50% drop is nothing for Bitcoin. I'm doubtful we can drop below the $8500-$10,000 area in the mid term, but even given mainstream adoption, the cycle of speculative hype will eventually end. The BETI (Bitcoin Exponential Trend Indicator) scripted by Johnson Lau has been used to analyze these cycles. After the trend finally breaks down, it expects a low below $7,000 sometime next year (https://bitcointalk.org/index.php?topic=470453.msg26264993#msg26264993).

This could change as new data comes in, but the logic remains the same. The faster an instrument rises, the harder it falls. I'm extremely bullish on Bitcoin on the order of years, but if the rally continues at this rate, it's setting up the conditions for a long term bear market.

I think it is clear to most people that are waiting for a dip that they are risking out missing on a "top" going further up. If you buy you are also taking a risk taht a dip occurs. I agree that many people ahve been expecting a correction since at least 10k. I was/am one fo them. The technical analysis would indicate that a correction is due, it doesn't mean for sure it is going to happen but the indicators are there.

So the best way imo is if you are planning to invest/take profits do it over a period of time. Lets say you want to take out 50% of your investment to FIAT to take some profits from the gains you have had: Split this in 5-10% chunks and take out some money every week/day (or some given interval). This way if BTC continues to rise you still get this on most of your investment and if after 2-3 weeks the dip starts then you have already removed some of your money and continue to remove them during the dip and you ahve som money to start buying again at a time fo your choosing.

This is called "Dollar Cost averaging" and you can search on this and how it is used in stock investments.

You do not need to tell them anything or explain them. They already understood everything, that it was necessary to buy then and they will buy now for 20 000 or they will not buy at all ever.

Buying bitcoin at the previous price of $6k would have been yhe perfect opportunity to acquire btc, but it have gone long and the price is now so high.l, that lesser people woul dare to invest in. I thi k ther will be a little corrections by early 2018 but it would not drop at $6k, now its a question of would you take the risk or regret about jot investing in the future. Make a move now, surely there will be gain in the years to come as we see the increasing value of btc.

why wait a long time if now we can get profit from bitcoin price at this time. maybe they wait to get more bitcoin if there is a decrease, but if the price does not go down, even will continue to rise they will be confused will buy bitcoin

Waiting for bitcoin price to drop before buying is the biggest mistake a person can do these days. bitcoin price is growing faster than it's falling.

The current price of bitcoin now is very high. It will take a long time for bitcoin to dump a huge amount. I think it is better advise others to do trading specially day trading. At least while waiting for bitcoin's price to decrease, you are earning at the same time.

I was join Poloniex signal and so far i know every one who follow them get the profit

Waiting is not a good way in the present time. There are quite a bit of bitcoin around $ 3000 that is your chance to capture them. Or you have the knowledge of the crypto market you can surf to increase as much profit as possible.

I am hoping that dropping of bitcoin's value will happen again which will give the individual of huge percentage of gaining. Unfortunately, something still bothered me and the question is, what if there's no chance that bitcoin's value will drop again? Then for sure there's some individual who's hoping to something that will never happen and which might lead to depression for not taking risk now. But who knows? Let's just keep on hoping about what all our heart desires.

YOU SAID IT BROTHER

These people are entitled to their own beliefs. But as for me, I doubt if Bitcoin will still fall back to a single digit (below $10,000). It may suffer corrections but it will not hit rock bottom. Hence, if you value the virtue of waiting, you have to keep yourself abreast with the fluctuation of prices every now and then for you might miss out the chance of entering this business.

Waiting too long, the action of not doing anything, this is how you stay a sheep in this world, when you are given such huge opportunity to make money, you have to act fast

This is your opinion but see it yourself that how much you could have made when the bitcoin was $900 for you at the start of this year and now it is over 19K. Thats like 20X spiked prices for the bitcoin and if you were in the position to hold this bitcoin for the whole year then you could have earned 900X20 in USD currency. So you thats not bad to invest into crypto currency and wait for the right time to sell it at high. This could be either psychological or intentional process but in any case you have to maintain your stability by that means to stay for that much longer.

Yes if it is happening today then it will also happen in the future and you will see how the market grows with the time. This "time" is what very much important here and its worth waiting according to me.

Regarding on this matter this is always been part of the risk of lossing possible profits when price tends to rise up even more. People do always look out for the lowest possible price but if price do tend to shoot up even more then we would eventually make regrets and if we do reach another price point we do say again we do wait for price decrease but suddenly the situation have happened again which means price is really unpredictable it is just a matter of risk taking or not on certain price changes.

Waiting can ruin every bodies life to enjoy it on taking the very first step to success. This is the real problem of bitcoiners. All of us here why we are learning of crypto is all about money, the different is the trust from ourselves and to bitcoin. Many regrets have been said while few are enjoying because in the very first they don't doubt. However, I put a 50/50 to it. Decisions comes always to word "Depends".

To be honest, I really don't know where they get those information about bitcoin's dropping of value at $6,000 but this thing isn't a joke to everyone because for sure, this is what all of us waiting for. But the real question is, What is the reason behind the dropping of value and when will it happen? For me, understanding the market will help everyone to have enough knowledge about the bitcoin's world and how it moves.

Those who have been asking whether it's already a good time for them to buy bitcoin have been missing out a lot and end up regretting because they eventually buy it at a higher price. Bitcoin will most likely only have occasional dips and it's not likely for their to be a huge price drop any time soon. Even with the whales, the price would just go up and recover right after they make a dump. It does have an effect but the bitcoin price will just eventually recover.

I was a bit hesitant even if bitcoin could drop to 6000 dollars.
even all negative news information and outstanding issues can not guarantee bitcoin will go down to what we (buyers) expected.

Yeah its just expectations, we don't know yet, we dont have time machines to know the future of bitcoin price. But possibilities of much getting higher there is, even if the price falls down to 5% the demand of bitcoin would just go higher and higher. We dont know next year but we will just wait.

Waiting is a virtue in both the cryptocurrency and forex trading businesses. It is so scarce a virtue that many don't have it. And that has often led to losses for many. However, for anyone to wait and hope that Bitcoin at this time will plunge back to the $10k region, let alone $6k, is only daydreaming. Given the recent activities and acceptance of bitcoin which has caused demand to skyrocket, it will be very difficult for that to happen.

Waiting for drops rarely wins out to just buying and holding, its possible but if your looking for longterm gains its better just to buy in and HODL, if your in it for short term gains, your best monitoring every altcoin you can and not just say BTC or ETH and praying for a drop, but thats just my 2 cents.

Money is actually made when you are in the market. Out of the market means you are a mere spectator and watch the rise or fall and enjoy But to make profits you will have to invest the money and also take some risk which may be a fruitful one considering the recent times as seen in cypto currencies.

You are correct. I think the best option in bitcoin is to buy and hold, and to buy some more on the dips. Of course you should only use money you can afford to lose, because although I believe in bitcoin, I know that we shouldn't take it for granted, because anything can still happen. This is not true for only bitcoin, is in fact true for every other asset or company. The chances of bitcoin crashing are quite slim in my opinion, but google also took over yahoo, so things happen, and TV took over radio, so things do happen.

I won't advise them that will affect their decision because I think they are not comfortable in handling the situation that may arise due to the possible correction. I have a friend who was waiting for $8K mark when Bitcoin was trailing around $12K mark but as soon as it crossed #15K, my friend immediately bought at that level and now he is in profit even in this case. Thus, I believe that experience is the best method in order to deal with the psychology. It takes some time but it works down the road.

Well, anything we do in life is a bet, of course with different levels of probabilities.
For this, in forex, a lot of previsional models were developed.
None of them is 100% correct of course, but they help veru much.
With bitcoin, traditional models don't work.
Actually, I was pretty sure that at 10k $ bitcoin would be come down.
Of course I was wrong, horrbly wrong.
Now it seems to me very dufficult to make any prevision.
We'll see what happens at 20k

This problem is very common, I know the people waiting for 3 years to get bitcoin, but I congratulate those people :) Actually, psychology is normal, because everyone is affected by this psychology. Nobody wants to buy bitcoin at a high price. But sometimes we have to start somewhere. There are a lot of people who can not get Bitcoin at all, even if they have money :)

they have their own considerations why still didn't buying untill now but when the price start to rise up rapidly then although even not always but usually there will be corrections price and most people are waiting for that because they thought this is the best time for buying bitcoin and i think this is normal as the traders they want the best profit

That's so stupid of them to have waited this long. It would have been wiser if they bought some and then waited without the "hope" of getting Bitcoins for cheap. I saw a story where a father of 3 went all in on Bitcoins by selling their one-and-only house to invest $2.2 million in Bitcoins when the price was hovering near $5000. Now just think, who's wise? Those who waited without investing? Or this guy who bought in at such high price?
And that's not just done when he says that he won't be selling it under $20,000. They were to wait until 2020 and they were sure that Bitcoin's value will surge to a high of $20k till then, but the guy's just so lucky that he might have got all that he wanted, this year alone and I think if he can wait a bit more, Santa will probably triple his rewards next year's Christmas.

Source: https://www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html

I think I didn't understand the point of view of their entry on dips. Bitcoin might rally from 6k to 16k but it does not mean you can straight away enter anywhere and exit anywhere according to your profit level. No wrong, every trade has its entry-level based on certain market conditions and there has to be a proper reason for the trader to enter their trade, which comes mostly after a pullback in the running uptrend for long and running downtrend for shorts. That's the reason everyone are waiting for the pullback to enter their trade and if there is no pullback then they might wait or enter on some other entry strategies.

Psychology of these type of people can be summed up in two words i.e "Cowardice and Blokish". A smart person can see where the future is heading, from the previous rise everyone was quite sure that this flight towards the sky will continue and there are rare chances that it will get low. BTW the afraid of losing is real and everyone have it his/her mind but the chances of success are maximum when one who managed to control on his/her nerves.

Waiting for the price of bitcoin to drop before you buy is a very bad thing because you don't know when bitcoin price is going to fall, it may go up instead.

People wait because they have seen big correction in past and it can also happen in future but when, no body knows it. Every market take a break and correct itself so does crypto market.

It can cost them but at the same time had it dropped they would have received even huger gains. It is really hard to discuss now because hindsight is 20 20 and you can make fun of anybody who made a bad move after the fact. Honestly I don't care if these people get in ever though because they clearly only care about the money otherwise they would have entered at an ATH like I did like a boss because I believed in BTC.

Impatience leads to loss. If you trade too much (due to impatience), sooner or later it will bite you in the ass. (Based on my experience, sold at a loss)
HODL to the moon!

That is the problem of wanting to adapt a market as novel and different as it is bitcoin, with the old trading schemes based on conventional technical analysis. I think these old traders should change their mental schemes or they will be waiting for something that will not happen. But perhaps only through this error can aspiring traders learn to renew their ideas.

They should just make their move and buy bitcoins or else they are going to wait for a very long time or maybe they don't have the faith that bitcoin is going to succeedI at all that's why they have been stalling for such a long time now and they are still stalling .If they continue to hesitate then it's unto them.

I dont really understand what the meaning this sentence " waiting can cost them huge percentage of gains "?
Maybe i am not expert. LOL
However, by waiting we make sure we will get best price. So waiting is need when the price to high.

That's is, if only they understand.
It's not just about the price and waiting for it to fall, I noticed that most people whom are hoping that bitcoin should fall ir the price of bitcoin to become low are those people with little or no investment capital.
They really don't have the money to purchase it which its why  they want it to fall in other for them to purchase at a low price.
And another thing, is that, they don't believe that bitcoin price will ever be Higher or increase than the current price. So buying higher to them is just a wasting of money.

Waiting is boring thing to do. But waiting the right time to buy is important in trading.
As trader, i will always wait the best time. I will not risk my capital because of panic buy.

I am one of those people that still awaits for it to drop. I still have that fear of the price to go falling hard. Let's wait after Christmas.

Look, they might have been waiting for nothing.
Dont seriously take those predictions that they spread.
Make an own research or try to believe your instinct.
Problem is there is too much people getting afraid to invest but in the end they all regret it. Trust me. I have been there.

 ;D ;D ;D Some people just let the chance gone, while some people make lots of money by buying bitcoin. 

There are many people in the community who are waiting for Bitcoin to drop in price just so that they can buy more. The strategy of buying in dips is good but in order to do that you should at least start with an amount instead of waiting for it to drop drastically. I know a person who is waiting for BTC to drop since it was $12k and not has bought any Bitcoins yet. Buying in dips is good but you should not be waiting and hoping it to dump heavily just for you. Start with whatever you have any buy more in the future dips. That's how it works. ;)

I was also thing bitcoin price will drop , but it is not dropping at all , bitcoin price increasing rapidly everyday . best is to buy or invest  now so that not loose the profit. now bitcoin is gaining more popularity as value of bitcoin increasing day by day and  more people pouring money to buy bitcoins , it has become popular crypto currency.

That is the problem. bitcoin is always increasing everyday and when he reached the top then a big drop will happen. we dont know when and on what price because no one can predict the market direction

It is a most common psychology to invest in growing stakes and wait for the price to dip but you have to understand that in order to maintain your portfolio you have to invest in dipping coins too until you know that they will not grow again.That makes you a smart investor and to get profit from loss.One of my friend who is commerce student has told me that portfolio or investors reputations are not calculated by just playing safe and investing in safe coins but investing in correct coins by predicting.This waiting game is for fixed deposit type of people.

Waiting can indeed make us get a chance to gain much greater profits, but for me the wait is not a good thing. We are given the opportunity to make a profit, although little in my opinion it should be grateful. Because sometimes we will not get other opportunities. Let's do it in accordance with the conditions that exist and do not wait too long because it could end up not in accordance with our expectations.

This is what happened to me, I tried to wait last year but then the dip didn't happen fast forward to this date I ain't waiting no more because each day is a chance to buy and gather some coins. We are experiencing the growth of bitcoin together with other altcoins, it is very nice to see that all our hardships are getting rewarded. Try not to over think the prices just buy the coin that you want and play it wise, for it won't stay up forever. Learn to trade and surely you will be happy if you became a pro.

Sometimes, listening to everything being said has cost some set of people a whole lot of profit today. Even when the value of bitcoin was around $1000 earlier this year and then we had a shoot up to a little above $2000, a lot of people were waiting for $600 and I am sure they must be blaming themselves now.

Quite a number of people have been doing this waiting game now for more than years instead of buying in when they had the cash. As long as you understand that this is the future, then you will take it as such, if not, you will just keep panicking when price dips or waiting for a time that may never come.

Waiting for bitcoin prices to go down just like looking for luck only, and in fact bitcoin prices continue to rise. If buying bitcoin for trading capital or long-term investment is better to buy at any price, because waiting for the price down only gives disappointment because the price continues increasing.

Bitcoin will be hard to discount this time as it is getting too much attention. The investment community is moving capital into crypto and bitcoin too much. In the first quarter of 2018 when the market stabilized, the new bitcoin fell, I think.

 I think waiting is one of the things that make sense because of course everyone who wants to do trading activities or want to invest bitcoin of course with a purpose that wants to get a profit. so I think waiting is one pretty good strategy because as I know that the bitcoin price fluctuations are very unstable. there are several factors that of course cause it can happen that one is when bitcoin prices are skyrocketing and have a high enough price of course at that time will be many investors who do bitcoin investments that make large profits that will cause bitcoin prices will back down. and at that time is the right time for us to buy bitcoin with a large scale because it will of course be back pumping bitcoin prices to be very high.

Bitcoin cannot be stop, it will continue to rise because of the demand so we also need to hold longer and expect for better value before selling our money.
The only thing that could make it dump is when the government will be united in banning bitcoin but that is close to impossible because some big countries are supporting it already.

but what if it doesnt goes down and continue to goes high or what if it continues to go down?. yes its true that you can earn big when you buy at the price gets low and sells at the highest.  This is somehow just like a scapegoating where people usually dont like to invest on something and pretend that they are interested well infact they are afraid on the risk it takes to earn on this investment.

Well first you have to be aware that there already would be a support line once btc reaches a specific amount. Today's dip bounced at around 15k i think. The higher btc gets the higher this support line should go and 4k down would probably be the lowest at any rate. And you wouldn't know when that drop would come

I am guilty of always saying, I'll wait till Bitcoin drops and buy a couple of Bitcoins when it drops down to that amount and when it does reach that amount I would say it is still too much, nevertheless ending with not buying at all. And I've learned my lesson well, I changed my ways of instead of waiting for a certain amount to drop down I'll buy coins when I feel like it is the lowest so far and not really think about if it still goes down further more or up especially with Bitcoin. I think Bitcoin already proved itself that it'll eventually bounce back up when it drops down.

ugh so many people speculate with bitcoin and cryptocurrency. so many people are lucky and correct and SO many people are wrong. You can try to "buy the dips" and I highly suggest it, but it is completely unpredictable many times. People wait for a dip, then miss their opportunity because it goes up 30% tomorrow or 800% for that matter.

suggestions for long term investments, just HODL

That's why patience is seriously needed in trading, you don't have patience you will make the wrong decision in the wrong time.

The thing is if you wait and price drops, then you could buy more of that certain coin though.  So would you say a coin that is only a few dollars... you probably should just buy now if you think this coin should hit at least 10 dollars?  Thus the difference between 3 and 6 shouldn't be a big difference?

Waiting is the most challenging part of trading since you'll never know whether or not your target price will be hit within the time-frame you expected. This is why I'd prefer investing long term instead and work full-time for now.

The truth is that anyone can make predictions now, but no one really knows what could happen. Definitely there could be some retracement to the down trend as the market is overbought right now, but sometimes, it is better at least to take part of the funds to buy small, and then wait for those dip to buy more. In the long term, you will still not lose at the end if you are patient enough to wait.

Anyhow, I just wonder why $6k ? Some have been saying it right from $3k and I am sure if they did not buy they must have themselves to blame now. I am not still surprised as some of them may still be the part of the people waiting for the huge drop now so that they can buy more.

The truth is no one can know, and even if the drop comes, I always see it as an opportunity to hit more into my wallet, but no point waiting when you know you may regret it later on, at least just buy small instead.

This makes sense. If someone is waiting for the dip that comes with the buying rate of bitcoins below this $10k amount, he is just fooling himself, nothing else. So be realistic and things are just in front of you. You need to understand all these facts and figures and then realize what can be achievable and what isn’t. Go for the buying rate as low as possible but on real basis.

As long as you do not know that it is the right time to buy, then it is best to just buy. Like you said, a lot of people have missed huge gains just because they waited for a period that has refused to come.

This is an uncontrolled market, and anything can happen, and it is better to take decision for the long term except if you are trader who can manage the short term. Later on, if the market refuse to go down and keeps going up, these same people even at $100000 will be waiting for this particular price.

I will disagree to some extent with this advice, because if someone is waiting for bitcoin to come down, then I think, he is just wasting the time and doing nothing else because if I recall, I can remember people saying that bitcoin will fall to 14k USD a week ago when it was of 16k USD, but instead of droping, one fine morning it raised to 20k usd and I think before Christmas it will cross 25k usd, so trading is good suggestion but waiting for bitcoin to drop is not advised at any time.

It is human nature that they cannot take control over their emotions for quite a long period of time and as a result, they decide to sell their coins inspire knowing this thing that keeping them in their wallets can help them in having more money.

The only thing which is helping the holders of bitcoin to hold their bitcoin for more time is their patience level and they do know that this is the only thing which can be more beneficial for them.

For me waiting is some challenge your patient and perseverance.

Well those people will only realize once after bitcoin double its price like now if they don't even buy when it was $8000k they will still saying it a high price now explain them if bitcoins goes back below 13k it is their big opportunity nothing to doubt or think twice.

For me waiting its a thing you need to give all your patiences and understanding.

Patience is a virtue. You don’t need to rush in selling especially when holding is better.  Holding needs a lot of waiting unril the market is in the good condition in return of a higher profit.

This is the problem of some investors. They are too greedy when it comes to profit and they are waiting for the price of bitcoin to go low as much as possible but when their target price doesn't meet the price of bitcoin, in the end they will regret. Just let them be. Its a lesson for them to set a price when you are investing and don't wait for a lower price.

Waiting and keeping the patience are the most hard things in the crypto..take it from me

Yes waiting is a hardest thing to do, not only here in the world of cryptocurrency but also in real life. Yet it is an action that may lead you to success in the future, especially when you have a good patience and trust to the perfect timing.

psychologically experienced by a trader who is stuck at a high price will feel very depressed and heartbeats become very tight because they are stuck in the expensive price.

nowadays people can access almost everything via instant due to the advancement of technology.  once they cannot get what they want they are irritated and easily frustrated, patience is a virtue it should be inculcated to the millenials in order for them to know that some important matters or things cannot achieve or get instantly.

I have been a victim of that bag holding and which is why I stopped holding a shit coin waiting for it to increase in value and even if I have to, I already have the minimum amount of loss I can take on such a coin.

The truth is that sometimes, if you do not have some of these experiences in both directions, you may not learn but it is funny that even with the experience some people still do not learn, but all the same, we cannot stop seeing such people in the market.

I think those who are not into crypto world I think the best way for those is that not to wait and hold for the future. Waiting is not a good way in the present time. There are quite a bit of bitcoin around $ 12,000 that is your chance to capture them. Or you have the knowledge of the crypto market you can surf to increase as much profit as possible.

At the beginning or shall I say during my journey in trading, I was also somewhat a victim of holding tokens and shitcoins that don't have a value at all. Hold them for a minimum of 6 months and every time I checked the price, it continuously dropping. But when its been pump, I already too late. LOL. That's why I just decided one day to sell them at whatever price instead of me loosing sleep trying and trying to wait for the perfect time to dump them and take profit. And yes its really funny that even most of us who have been in trading for so long will make the same mistakes.


Hah, I stop telling all my friends because they really don't trust me. LOL. How many times did I tell them? I lost count at all. And now when they see that bitcoin  goes to $19,000 and almost touching $20,000 they keep on asking how much I profited. That's why I initially said that its really their lost if they don't want to invest on bitcoin because they keep hearing negative news about it. They should also get a huge financial windfall if they just listen to me months ago.

I think the most successful people in the trading world are those who have patience to wait and they are the most richest in our business. Like there are many bitcoin billionaire there and they are billionaire right know because they had that power of holding. I think not all people or trader like to do day trade. Most of them just want to keep holding. Thats the way they do trading. Every people has different style of trading and I prefer long holding.

Many people are became millionaire or billionaire with the help of bitcoin,by just holding it.If you holding the bitcoin for long period ,it will gives you more dollar.You no need to do other than that,avoid of doing panic selling.If you have a habit of selling with the interval of two months atleast,sure you will get profit.

if you have been waiting for in bitcoin price for when it was able to goes up then it is necessarily to have for , the exactly yes that most people realizing to wait with patience when they only knew on how does it may become more better to have that price and to take that for.

they have the patience and they think more positive that bitcoin might fall on that price , the way on how they think are incredible good cause they think that it may happen even that this is 50-50 off that it would be.

Getting a big profit is what everyone wants. If indeed they do not want to invest in Bitcoin, then we do not have to force them. Because the fate of humans is in their own hands.
And you know that trading has a high risk. Why are you still inviting them to get into those risks?

Waiting is awful and dagerous for your savings )) It's better to lose key and find it since years

Well,waiting is like a coin that is being flipped right now,one face may keep showing forever or another or an occasional alternation between the faces,which ever way we can only predict or speculate that happening.In any case,investing in bitcoins is a risk which is difficult to clearly predict but the good news is that price recovery and growth will usually always occur.So join at a point convenient now.

The psychology of waiting is the nemesis of waiters! Because they will keep waiting since they already set a pattern of thinking that they cannot change. So, the process of relating with bitcoin becomes automatic. And it will be working against them because they will not be able to make any decision.

Waiting will be possible if a person has patience. A person with patience have to be encourage to set this willingly.  And to make it possible, knowledge is very important to not just inform but also to make then understand why they should wait. They should know that users that knows how to wait contributes to the demand and supply system. With users holding their coins will avoid great decrease in prices instead, hikes are to follow. Holding and waiting sustains bitcoin's value. Although movements are still unpredictable, it would lessen risks to dip.

Let us just say that we are just waiting for our diploma since our diploma can be one of the reason for us to become successful, it is our instrument  that we can use for us to target our goals, so just like  it before having it we need to be patiently wait for a time because if we easily give up, for sure our dreams will be gone as well.                                                     

The thing I hate the most is to wait, but by trading I have trained it.
because we can not know when coins will rise and fall, and patience is a great solution to hold or order a coin.

If you trade for short term , it's required a high skill of analysis. Most of the times the prediction close to accurate with certain technical analysis. But then when you trade for a little long time you might just need to do a pre-investment analysis and sit down beautifully, act like you have forgotten that investment and collect it later in the future as your effort to wait and stick on the plan.

we can not blame them for their decision, because cryptocurrency is still a new things. some country banned it, but many influential person support it.
everything can happen in this "crypto journey".
but, I suggest you to ask them, "lose small or win big?".
 
"buy now, smile later"
-TedMosby 2018

The waiting game in Bitcoin trading is rewarding, regardless if you are Buying or Selling. Just look at Ripple itself, who would have known that it would beat Ethereum in the #2 spot and its now a contender for the #1 spot. But then again, waiting also involves further study about the coin because you cant just wait for 1 year for the coin to pump and after waiting you'll be surprised that it will be delisted.

the psychological condition when the coins you buy suddenly plummet and you are stuck at a high price makes the psychological condition that you have feel depressed and it feels like to sell cheap and lead to losses.

Patience is a great quality, and sometimes to wait is the only option. Be careful to not confuse it with procrastination: in trading timing is the most important part of a strategy

There is no sense in waiting for bitcoin price to drop before buying, that is a kerosine method! That method was used in the past but it is no longer working much these days. It is better to buy bitcoin when you have the money to avoid bitcoin price from getting to another level and regret why you didn't buy it in the first place.

I agree on skipping the waiting game to buy bitcoin. If you want in then just get in. We all know where it's headed.

I sat and wondered if I should buy at 4800 or if it would dip. Thankfully I made the right decision and bought because the next day bitcoin started its march toward 6K.

It depends and right now I'm sure some did it when it reached $9k. There's nothing wrong if they want to wait because it just shows that they are fit in this game because buying and selling involves a lot of patience.

Sometimes if we waiting for too down price, we can miss profit. That target price to low because in technical analysis the price of Bitcoin has posibility to going up. For the better buy Bitcoin now and trade with other altcoin to increasing amount of Bitcoin.

Waiting each and every day to see coin investment I discount is a very uncomfortable feeling, I have been through so thoroughly understand this. To limit anxiety you can monitor the market regularly so that you can sell when the market goes down or you can also study coin carefully before buying to peacefully keep it in one place. Long time and do not worry about it. That's the way I forgot the discount coin and focused on other jobs.

According to the study
Waiting is the most crucial way on how to spend your time,Cause waiting is not easy,most especially when We are running out of time.
Psychology speaking, we are waiting For something/someone because it is Our Mind's decision,
But others dont like to Wait,because of lack in  Patience.

How come you'll be run out of time? There's a lot of time to hold it especially if its still ongoing project and not yet fully developed or still have plans on listing on more exchanges. Unless you're in doubt on your coin then its not really worth holding and waiting for. That's why never buy shitcoins that know will be delisted soon since it have no product or development in the future that will make it on hype. Think of holding as a long term investment to keep your patience.

We all have to be patient now and wait. As soon as all alts and Bitcoin are not as high as they used to be, it it the time to hold and hope.

People all of us need to take this and made this to be deserve for cause we all know that this is the most common thing that may ever happen , patiently waiting are not as easy as we know cause people some are tend to earn quickly for.

Basically there are a lot of people who does this kind of strategy. They wait for such a long time or probably wait for the target amount they want to buy a certain coin when it is dropping. And patience does have a great role when it comes to trading, and it does have great results but it also does takes time.

Why you said the price may not fall again? I dont think so.
The price of any altcoin will goes down no matter what and when. No one from them will stay up without correction.

The price fluctuations is too normal any altcoin even bitcoins price fall downs it is all matter of time and holding is part of it if you can't do a good skill of trading from time to time then you can hold and wait. As a matter of fact holding makes more profit especially in a fast growing coins rather than making any move from one coin to another and another.

Sometimes waiting is not essential because crypto may jump up without you knowing. You just have to predict where the dip may go and follow the news and FUDS!

Well, that expectation droping into 6K$ is not merely happened if the expeculation and prediction base on the website fork are fraud and just a heresy but for me i don't believe to make it happened because that is unsual flow of currency having 60-75% of its drop down from the current value of 19K USD.

You are right, to be successful is to be patient, wait and be sure. I think if too hasty lead to failure. Wait if you expect something good to happen in the future. If you are holding a bitcoin you will expect bitcoin prices to rise in the future to sell for profit. If you think bitcoin prices are down in the future you will wait until the price is able to buy. But it will take time for you.

Waiting its not always bad mate but sometime it can put your capital into safer than.
So i am waiting for the price like i want, so although the price goes opposite so i will not regret because i have done my research and the market is always true.

Patience is a virtue. You don’t need to rush in selling especially when holding is better.  Holding needs a lot of waiting unril the market is in the good condition in return of a higher profit.

It's hard to just psychology, it's nice to have a real time schedule for not being pure. it's hard to rely on nothing. thanks ..

Everyone wants to do business, or invest in bitcoin, in order to make a profit.

So I think it makes sense to wait, because we end up making money.

Patience is the best virtue as always. Through waiting you can obtained a huge amount of income.
That is the logic behind that, through your patience you can obtained a huge amount of money in future which is paid to your effort.

Waiting to drop can be a fools game. It has already dropped drastically from the ATH of around $20k, waiting any longer is going to be a life of regret for not buying when bitcoin was less than $10k

That people should be buy Bitcoin by use technical analysis and history the price of Bitcoin, a few month ago the price of BTC was drop more than 70% , so that mean the price in the bottom already and that price become support area and more possible will going up. From history of price BTC since 2010 the biggest drop for BTC is 80% and then the price was going up from the bottom. Waiting for price BTC  should be reasonable according analysis and research.

Yes if you have enough patience you can really make a effective decision. If you feel that you will win the battle by patienly waiting dont regret it. Because psychology of waiting are most dependents of what will be in our heart and in our mind as well. My own thoughts.

You do not have your own strategy, so you have doubts. You need to take all your risks and losses and act as you plan. The first strategy "do not lose your capital", and only the second strategy "increase your capital".

They could either have underestimated Bitcoin too much or doesn't really care in investing in Bitcoin that much then they were shocked that Bitcoin reached that kind of price. I mean if I am gonna invest in here, I would expect something to return from me. It is my psychology in my  investments and I don't know if that is how other people do also. After that, when it doesn't grow that much in a month, there is a mindset that I should quit it right now.

If I was someone that doesn't care in investing in here, I would just drop a coin into it right? I would just say "I'll drop a quarter for all I care anyway, here have one". Then after the development of Bitcoin happens, I would be so shocked that it reached around thousands of USD. Like it was unexpected and not speculated.

There is a psychology of expectation also in waiting. Even if you can say that you're waiting for a plant to grow, you're gonna expect crops.

google> Did you mean: The psychology of greed.  ;D
The majority of people got into crypto business because of the fast earning "easy money".
Nobody knew how to work on stock exchange and then came crypto currencies and we all became experts.  ;D
The basic human instinct is to make more money more more more so they wait and hope that BTC will drop.
If you're not greedy then you'll make a fine amount of $ in trading or even in investing in BTC.
There is a minimal risk in investing in BTC at any moment in the nex year because this is probably the lowest that BTC will go for a long time.

Holding lot of patience we cant expect overnight money from cryptocurrency we need to wait and sell in profits cryptocurrency is patience driven opportunity nt overnight riches

waiting for price to drop on bitcoin is going to be hard,investors that a waiting for price to fall should buy now,because so investors waited wen it was lower at $7000 but it went higher,is better you buy now than regret later but before buying get a clear knowledge of how the market will trend

Psychology have great impact in crytpto world,Learn to control the emotions according to the situation and take decisions on real basis but not emotionally.Who know the psychology of waiting always win because they hold with patience and find best moment then enjoy the profit.

Psychology of waiting relates to patience and it is important in crypto trading either you buying or selling dont be hurry to take decision.People buy and if market go down get panic and sell then cry we loose money,So rather than selling early to lose money wait till find good moment to enjoy profit.

This is the common psychology of man. Even my friends like that. You wait for a long time and look forward to the market going up and you will regain what you have lost before. But the market does not go up and it goes down a bit in the long run, I think you will not be patient enough to wait.

Well the waiting thing is good enough to stay away from the ill effects of the red market but the strategy works after you invest in the crypto. Before investing and knowing that the prices are rising, waiting is a bad idea. If you want to invest in the crypto, invest right now and wait till the market is in full swing again. That will be the time to reap. Stay away from the psychological game of waiting before investing.

Waiting are great especially in this business because if you have the guts to wait for up until the whole tear of course you can gain an absolute money. But waiting is great if you have some holdings to wait but if you are waiting just fpr the price to go down right now that they are down already dont wish to go down a little more because they already done that. Invest now and then start to wait and see the difference later. Dont waste ant opportunities and do not expect a lot in this thing because some waits a lot and then ends up nothing

If everyone know when lowest and highest price. I think they are not here.

Bro, it is sure hard to do in the case, when you do not believe in the cryptocurrency, and do not have enough knowledge about the market volatility rules.

Are you implying that there are people that know when the market bottoms and when the market reaches the highest price  ::) . No one in the world is able to predict those things as it is an open market and no one is able to identity those, but you can have an assumption what might happen and if your hunch is right then you will be able to make some money.

Some are still waiting for the price of bitcoin to go below 1000, and the only thing that I can say to them is that at some point you need to take the risk, that is what we are doing here in this market, at some point you need to decide that the price that you are seeing is too good to pass and that you need to invest your money, because if you don't then you're going to spend all your time waiting without obtaining any profits.

They can wait but I don't think its gonna happen, in cash it will happen, I would not buy at that rate because I think its a complete crash
and bitcoin might not be able to recover again. What is happening now should not be viewed seriously and we have to be positive that the market will recover.

Waiting and fear will lose the opportunity. I bought btc at 12k and now i just wait too

I am very happy to hear about the project. That is a wonderful thing. Thanks very much

Damn you're totally right. I think when people come to the crypto they should learn more about technology, blockchain and other. You shouldn't look just to the price because we are not whales, so we can't manipulate with the price so in this way we should know more about what we are buiying. I have some not good experiece with coins when I bought it with low price ( this is right) and I sold it when I got x2( this is not right) because some time ago token went to the moon..
Patience is a key to success, but only when you're sure for 100% about what you're doing here on crypto.
Don't look to all these "signals" and something, be patience. I hold some coins for a long time and I didn't sell it when market was red, because I knew that we are in the beginning in our way. Crypto is a very young industry.

I think that there is no need to wait for the bitcoin drop as this won't happen soon! I am sure that this will not happen soon and vice versa bitcoin will become even more powerful to my mind

That is the thing, even if at some point we saw that price again that will mean that another huge crash happened and then all of those people claiming they are waiting for the price of bitcoin to be that low will be nowhere to be seen and they will not invest in bitcoin out of fear that the price goes back to zero, so those that do not want to invest in bitcoin will always find an excuse to not do it.

Having no idea about that.
But i thought much about the price of bitcoin.
For me my self it could be better use the conditolion market now is better than just wait but having no profit.
It just watchinv the price and. We Don't know what will happen Later.
Then we just get nothing if we juat watching the market.

There is really no need to wait for entry into the market. You never know when the market will turn red. And since the current market values of the crypto currencies are way low and some have good stability below the minimum level, it should be the time for an investor to enter the market. The year 2018 was expected to be the year when the values of all the crypto currencies particularly the top ones in the market will rise. Having said that, you need to invest and hold and okay if you want to buy low, you must have your own philosophy behind that. Good is that.

At present the market is volatile and the trend is still unclear, everything can happen at this time. Many people predicted by BTC will continue to fall but I think it will increase in June, the target may be 12k $. Investing in this market, you need to determine the risk, but the opportunity is great if the grasp.

Most of us are anxious to make the decision to call the mind waiting, have you ever fallen into that state, we are waiting or waiting for the difference or waiting for a chance. Assembly to make the situation better

Some of my friends are still waiting a drop of bitcoin, but when bitcoin is dropped till their expected price, they did not buy and keep waiting ;D Looks strange but it is the feeling of fear. I advice them that they should divide their money into some pieces, and buy at different prices.

Those people that have those mindset just wants to play it safe. They are not really decided to buy bitcoin at all and just want to experiment. A true bitcoin believer will buy it on  realistic fair price and not on ridiculously very low price.

I want to say , you may waiting forever for bitcoin drop less than 5k$ . Because day by day ,bitcoin price still going up and i believe if bitcoin in end of year can reach 15k$ like December 2017 .better than buy now and hold it until price going up.

I am pretty sure that those people who said that wouldn't even buy it when it reach that price because they would say again that they are waiting for a lower amount. If you wanted to buy it then buy it for a price that is likely to be reach in the future. Sometimes this people are the nocoiners who weren't able to buy when bitcoin is at a lower price and they would bash bitcoin when it increase in price. Maybe they are glad that they didn't bought bitcoin now because it is stalling in price and saying that bitcoin would be worthless in the future but when it increase, they would say it is a bubble. No use convincing those kind of people because they would not buy now but later on, they would just regret that they didn't have a firm decision about it.

Waiting for those people who don't know how to trade or are afraid to trade. It is more convenient for them to wait. Because, in order to become a trader and buy coins, you need an internal power. It's always hard to start something. You can invent yourself hundreds of excuses, why not do it. I started the same way. I waited 2 months and it turned out to be in vain. If I bought bitcoin at once, then in 2 months would have already profit :).
People who are waiting all the time need not say anything. They themselves must decide to buy.

People differs on their strategic planning between buying and selling. Commonly, to play it safe especially for us a not so risk takers traders, we always want security with our money invested. We buy it low and sell it high but to those who has enough capital then they can buy it anytime they want and never hold their coin for a long time waiting for the price to get high.

Haha! You have explained all well and hit upon the basic reason behind the buying and selling strategies of the investors. Indeed there is a variety of investors and we cannot assume that everyone has similar behavior. There are people who don’t care about the market prices for buying and selling, they are simply concerned about having bitcoin and holding it for long time since they are not in need of money.

Lol I told them to shut their computers for years then get back to their daily life and take care of their family

Thats the best solution for someone, who doesnt know anything about trading and tries to earn.
But the fact, that you have some crypto on your wallet wont let you sleep well

Instead of waiting for bitcoin to drop the price i rather buy some altcoin first while the bitcoin still in high,from this i can gain another amount to invest in bitcoin when the price drops.

Time is very important specially in this community as we know volatility is indeed and fluctuations happening every minute or even seconds

physiology of waiting is equaled to the psychology of winning in return that is how cryptocurrency work in the market we should enough patience at the time of bear market in return we can see profits thereafter

All I'm going to say is get ready to buy bitcoin and sit down at home. But the fact is that many people are hesitant to make decisions when looking at the price down, whether to buy or wait.

I have a few friends who have told me that they are waiting for the bitcoin price to drop to $ 4,000 and they will buy it. But I said that bitcoin would not be able to drop below $ 5000. but they do not believe me

This is way too much for waiting and the thing is that people really get bored by continuously waiting for big profits by doing nothing, simply keeping coins into their wallets. This is why I always recommend keeping some big coins like bitcoin and ethereum into wallets but at the same time, do some office job. So that they cannot get bored and keep earning money all the time. This is a good combination.

It is good way of earning to have more than one source, and i think in this era everyone needs luxurious life, so for  this more than one source of earning is the best idea, as we invest in bitcoin so it mean it will rise if we keep on looking at it or not but just have to wait, and also we should need such a bitcoin wallet which is very much safe from hacking, so use that wallet to earn good amount of profit by holding your coin for long term in it, it become easy to hold if we have any other activity besides waiting for price and it is most profit worthy to have for long term as long as we want it to grow for us.

That's the right thing to do. Never depend on a single source of income especially when it comes to cryptocurrency because the income you can get from this market is not stable and there many even be a possibility that you will not be able to profit in a few months and at this rate, you will end up begging for someone to feed you so that you can keep going. Just make cryptocurrency an extra income and if you are not interested in getting a job then build a business you are passionate about.


I bet they wouldn't even buy it when the price becomes $4,000 because they will be too afraid then to buy seeing the percentage drop from its all time high. They are just looking for a reason so that they wouldn't be able to buy it in a not so obvious way. They may even be happy when the price drops below that price and complain they weren't able to buy when the price is already near all time high again.

Waiting is a part of risk because we dont know when to drop or rise thats is why its very important to hold a real coins,just for sure in waiting  we can make profit on it, for daily needs dont depend in cryptocurrency coz its very risky to our family.

It is extremely difficult to wait and not sell your cryptocurrency when you see how fast your altcoins and Bitcoins are falling. Meanwhile, patience is needed always.

There are two completely opposite ideas. People are waiting for bitcoin prices to drop. People are waiting for bitcoin prices to rise. Both are psychologically waiting. And we expect the bitcoin price to drop more and we expect that to happen sooner. Who holds the bitcoin will worry about the price drop.

Yeah exactly that type of user that saves the bitcoin market. because you know most users today are very frightened and worried about the market conditions and they do panic selling then bad impact on the market. people who do not care about the current market conditions because they are holding back for the long term. they have a positive effect

I admit that weve been waiting too long for the price increase, still we did not win nor lose. Its always a 50/50 percentage of earning and losing. So i dont think that you can tell us that our decision is wrong because waiting this much even the price is still frozen on a particular value for months still not getting real results.

A lot of people do wait quite a long time to buy their coins when the price falls. This could be good in the sense that they get lucky and buy out when the price is super low or it could be bad if they wait too long and then the price gets higher and they lose out on their opportunity.

There will be two waiting time; first we need to wait for the price to move down deeper and after we make a buy order, we have to wait for the price to move up again to sell our coin, which isn't effective from my own perspective. It will be better to buy at current price and wait only for the bullish to come.

That is what you called playing safe strategy 😂 it's better to be sure than taking risk without any bases. However you can clearly saw the disadvantage of this strategy. What if you are waiting for nothing? Waiting that might come that it is not actually happen. It is like wasting your time to get a couple of air in your mouth.

This is good and whenever we feel that we are getting bearish we can sell and wait for months again. What is not good only is if we are not aware how to use patience efficiently to prevent any problems of holding or selling in wrong timing. We need to know when this bullish and bearish will come.

Most people will say wait for the past experience but it seems that two thousand seventeen is literally literally every thing. So it's always advisable to do your own due diligence before making a decision and not just relying on people's decisions. At this time all serious Cryptocurrency tends to increase continuously and will last several years.

If the market goes down and lasts for several months then I think most people will sell. that is human psychology. But I advise you to wait patiently for market recovery not to sell at low prices.

With the market current situatiion as of todate I think selling is to be considered as big losses because all cryptocurrencies are in dip prices. It is better to hodl and wait for possible good price correction this year ends. No need to in a hurry especially when you didn't need the cash right away but if you need it now that's depend your own decision.

Yes! I believe that if we enter the market in a right time, there is a possibility that we gain also a higher amount of profits. Buy during dips will help us to secure our investment. I will also doing this because I know bitcoin will dump today due to the current hacks and news about it.

When it comes to trading the money flows from those that are impatient to those that are patient, those that held for a very long time got their profits in bitcoin, but those that are able to wait until they get the best possible price when they buy will get many profits as well, this not only happens in the market of bitcoin but in all the markets so if you can wait you have a huge advantage over almost all traders.

You're right. People will loose hope when that happened happens, and so they'll sell of their coins. This also gives an opportunity for whales to buy and accumulate more

psychology that is held when waiting until the price becomes very high is likely to be easily affected with bad news so that it can make the holding person will be easily affected by the conditions and bad news in the media.

Agree. Such things cannot be predicted. So waiting is not so easy sometimes. Cryptocurrency is risky and unpredictable and not everyone has enough patience to make only right decisions.

There are different trading strategies. I sometimes use this strategy. Some of the coins I sell at a high price, and arrange a few purchases at low prices. Often these prices seem ridiculous at the time of issuing orders, but it's even more ridiculous when these orders are triggered  ;D. Therefore, if the psychology of expectation is applied in this situation, then I consider it to be excellent.
Another thing is people who are waiting and waiting, and don't buy at a low price at all. I think the problem here is that such people are too insecure, because they, first of all, don't have the knowledge and experience.

Another thing is people who are waiting and waiting, and don't buy at a low price at all.So it's always advisable to do your own due diligence before making a decision and not just relying on people's decisions.

some people wanted to have quick profit that in a first place this is not to be allowed here that not as much to be profitable here to take on while you are taking this crypto on your life be patience is some of the good choice.

psychology of waiting for this is the right word for cryptocurrency we should wait for cryptocurrency profits with psychology of winning rather than waiting with panic mode the winning and positive psychology will change everything

Patience would always been suggested when it comes on any investment because we can do make proper analysis at the same time we do presume price did get back into these lower prices. Come to think of that post made was on wayback December on last year and been said people do wait for the price to go down on 6k which it did actually happen. Coincidence? No its not because anything can do happen on this market. It do rise up fast and do goes down fast too. We would always be wise on when we would utilize our patience because sometime there are instances where too much wait do really cause on missing out on making money.

Tell then not to wait..but tell them to buy gradually and even if bitcoin going down further they nee to buy again. Invest in crypto need patience and big balls. Tell also to them not to invest with money they cant afford to lose.because whole crypto is still beta but if crypto start its mass adoption crypto can probably reach 1 trillion matketcap easily.

I agree, with your passion to continue because you know that time will come and everything will rise back is a good attitude, it will practice our minds to believe that it is just taking sometime to bounce back and it's still good thinking positively while patiently waiting for your target profits, never to feel sorry and stress yourself while seeing some hard downfall it's part of the cycle just continue buying and holding for much bigger earnings after.

If they see the previous prices of bitcoins, and the trend with which they are moving, they would get to know about their greediness. You are right here that they must not be greedy. They must take things easy and now prices are lower enough to become suitable for a person to buy bitcoin. This price may not be coming again after this year so don’t just waste your time.

I have been waiting for the bitcoin price to drop when the bitcoin price is at $ 7k. I have been waiting for so long. about 1 month something. When bitcoin is low I bought at $ 6k1. Although not at the bottom, I believe it is a very good price for me. Bitcoins are now at $ 6.5k. It's a bit more than when I bought it

Judging by the analysis in the near future there will be a sharp price jump upwards, so that few of those who are waiting now will have time to buy it

I do not think if one can possibly say about the fall in the value of crypto. Predictions and speculations are something that do not always go in the right direction so one should not actually wait for the price fall and yeah the current value is good to invest in the technology. And it looks like the price will rather rise as the market is looking a bit good. Having said that, one should invest directly and not to wait.

If people are investing in crypto currencies, they are assumed to be rational and act rationally which also implies that they understand the market tricks and strategies and can modify their strategies with the changing market situation.

Having said that, the emotional aspect will be knocked out in the decision making process and the final decision will be to hodl and not to sell for selling incur only loss. The concept is similar to the liquidity trap.

What you are all saying is true but if you see the price down movement then you can see that when it went from 20k to 16k that time also everyone was telling to hold but you can see on every interval the price is going down so who eve sold at 16k 14k today they are thinking the decision was right and now they are able to buy back double as now it is the low price and not to sell. So you have to see the market movement and then sell according to it. Just holding is also not a good decision like who ever was holding till now will be feeling sad as not sold on each sell market price and now it is not good price to sell. But if now also the market goes more down means like $3k then who ever is selling now will be in profit also. So never know when to sell and when to buy. Just think that what ever profit or loss you got is that much your fate is.

this guy who keep waiting for bitcoin price to deop at 6k$ are happy now since he succeed in his trading plan probably he is ucrrenrly buting now and hopefully this would be the bottom for bitcoin as many investor are slowlt  dis appointed at bitcoin performance this entire first half of 2018

I think people just look for excuse because they are afraid to invest money in the cryptocurrency. For them it will always be expensive. They do not understand that now is the best time to invest. After all, very soon the price of bitcoin will begin to grow.

Everyone is telling that this is a good time to buy but what i say is dont go for all in better split and buy and if their is more downward then you should be able to buy and average your buying price. This is the way that you can average your buying price and in price spike you can sell in profit .

yes it is true what you are saying that bitcoin at the price of 6k $ is a best decision to buy and I have done it and I have reassembled in the sale price range around 20k $ and I do it for investment in the long run because I am very confident that bitcoin will back to 20k $ someday.

Ya it is true that persons who dont want to buy are always giving excuses of let the market get corrected, now when the market is in correction and more then 80% of the price is down but still they wont buy and give excuses that still waiting for more down or it is now very risky to buy now. Like this persons never buy

Now falls below the current price levels should not wait, so these people would like to say that waiting for the fall is already pointless and now you just need to buy.

in any case, today is the last chance for Successful investment of its funds. I think that every user of the crypto currency believes that Renault will return to last year's figures unequivocally, so today's market level will be very successful for investments.

Actually the in the nature in people mind while they are waiting they need a huge patience for that
because many people cant wait too long especially if the money is the subject of that transaction.

On Bitcoin will profit the one who knows how to wait

Waiting can either be used as to hold your crypto assets while the market is in bearish trend or it can also be used as a strategy to have a very good time to buy crypto at a very low price when the crypto's price is going downward. But if you may also lose the chance of buying the cheap price if you are greedy enough.

In my opinion, in cryto world it really applies the psychology of waiting. It seems that the longer the customer will wait, the more valuable the services are. It has something to do with how people valued bitcoin. Success is for the one who waits.

Sometimes, I trust my itchy hands as it's hard to tell if the price had reached the bottom and is the best time to buy.

just let those who always wait for Bitcoin to go down because every drop of Bitcoin makes us anxious, and I hope there is no decrease in Bitcoin.

those who want Bitcoin down are just people who are always lazy about their efforts, and I hope there is no more lazy people in this world.

Humans are wired in terms of two things, one is a fear of a pessimistic future and the other is the surety of the present condition our psychology says that whats right now with is us possibly the best state we can be in so we choose today comfortability over tomorrow's fortune,

Well, well, as you can see, those who waited did well to wait :)
Now of course we must see if the values really return to be those of last December or not.

We do only have two things when it comes to perception on where it would be either being optimistic or being pessimistic and these things can really test out our patience specially when we do already talk about the waiting game where we do have coin holdings which are on dump state or shall we say we are on a very deep negative portfolio. Patience will really be a great factor on what would be the possible things do happen with our investment.If you do have short temper then expect you would do things that will really put you in more trouble.

Waiting is crucial in medium-long time trading, the market does not offer very clear opportunities of trading every moment. You have not to rush just because you WANT to trade. You have to wait for the perfect trade coming in front of you and then catch it!

The hope in the market creates psychological anxiety in many investors because managing hope is always easier than fear. I think that investors should prepare their own investment plans so that in every situation they have the right treatment because the financial market is extremely harsh.

i will be one of them who wait bitcoin price until next December, i believe price will back up and i hope it is higher at the end of year like what it did in  last year. i hope a lot of people do same thing too and then bitcoin price can be helped with that

It's really a torture in some point when you are holding your very priced cryptocurrencies in your wallet and see how its market price decreases each day. That's how hodling is. You have to overcome not only the bleeding market but your emotions as well.

After we get tokens, we have to wait for a long time for it to drop, is that psychology of waiting  ;D

Waiting is only good if you will surely earn a huge amount of profit and in cryptocurrency bitcoins and ethereum is the only coin that has the assurance to grow and will be really good for long term investment because of their popularity.

We provide free poloniex signals in telegram

Actually for me, waiting is not just a simple doing of an individual but I think it is a skill also because not everyone is capable of doing that. Only few people who have control on their thinking and emotion as well that is why I think it is a skill of a person also.

Probably, in the long run waiting will give good results, because sooner or later the bitcoin will reach stratospheric levels.
But this is only a hope, so if you want to earn money, you should use at least a part for daytrading: if you are able and have a little 'luck, you can make good earnings.

Well, I think that it's just difficult for some people to settle down and patiently wait for their investments to unfold. In whatever kind of business or investment one does in the cryptocurrency market, there would always be some obstacles and challenges along the way, and one of those is the fact that you have to invest a lot of patience before you can see good returns. And even though some would say that they have what it takes, they often see that it's way more difficult to see things through. So, even before you make an investment, make sure that you have already invested enough patience to actually see it until the end.

No pain no gain! People have their own thought. Are you sure that waiting for a drop always cost them huge percentage gain? No!

Being patience on waiting is required for people who are investing a huge amount because the market is volatile so you should always expect drastic changes in the market.

In my opinion trader who patient wait for deepest price is trader who has good psycology in trading.  Learn from my mistake in trading,  i always inpatient wait for best price when buy any coin,  so this mistake make me loss.  High volatility of crypto possible  for crypto down to more than 1/10 from peak price.  So patient is key of success in crypto trading.

The fact that it is so long to wait for bitcoin paid, and I think it is also psychology of waiting, not kidding

There is no "psychology of waiting"; instead there is the strategy of doing the right thing at the right time.
This sometimes means waiting, but other times it means moving with maximum speed.

it's always good to wait when market or bitcoin in particular rallies there will always be pullbacks, it's way riskier in joining the flow of rally and ending up a bag holder, felt sorry for those who bought at ATH.

Well most of the people just HATE to be waiting, that is the main reasno of why they should not join trading, because they are going to lose everything for not being patient enough, that is the way that it all works in trading.

I like the idea of the psychology of waiting. Some might interpret this as long term but in technical trading there's also a discpline for that. As we bet for that time difference this will always be applicable.

The fact is that it is waiting and leaving coins for long-term storage, you can not predict the future and find out what to hope for. Of course, it is this situation that can psychologically influence the investor. But nevertheless, very much helps to cope with the excitement with the knowledge that the future of mankind is behind high technologies, including for crypto currency.

Pro trading is not about waiting it's more about detailed plan - before entering any trade, you should have your profit target in mind.  You simply cannot stay in a trade forever.

The experience we have in this market now suggests that when prices are surging fast up, we need to be careful and make use of the opportunity by selling off the tokens a the peak. With patience in this market, we are bound to make significant gains in this market

Trader who keep patient wait for bottomed price now make alot of profit because many altcoin pumping more than 100% after reached the deepest. Good Psycology is become key to reach successfully from trading. I learn much thing in crypto trading and to make money from it not only need knowledge about trading strategy but also good psychology.

not always waiting is the right decision as a trade, but the right strategy and always do the trade we have to do if we want to earn income every day

Yeah right, because sometimes the price stays in a low position for a long time, if you don't control your feelings and emotions,
maybe you will be angry because the price doesn't go up for long time and maybe you will do something stupid like sellingat a cheap price and get loss..

Most of the investors in crypto are weak emotionally, they can easily panic when the whales starts to shaken the price.
In their mind, they believe investing is an easy away to make money but now the reality is already witnessed by us, we should learn by this and we can still hold that means we are strong and we deserve a good reward for doing that.

usually the psychological condition of the person holding the holding will experience tremendous pressure and they usually always expect prices to recover or at least rise and not always fall. I often hold coins and are often stuck in coins that are very expensive but I believe the cryptocurrency will increase prices.

We should point out that technology companies are going down the drain. The world economy is getting much worse because of the US and Chinese business wars. All companies are devalued and so the value of the altcoins drops. This is really an opportunity and I think your friend will understand that.

Waiting maybe risky atimes as the price may not pop up anytime soon but it's worth it most of the time,put patience is very vital in the crypto world to avoid panic sales.

When I talk with a person who is waiting for a drop in the price of altcoin, I try not to convince him immediately, but to begin with ask him clarifying questions. For example: Why is he so sure that the price will fall? Where did he get this information from? Can he trust those sources? Is he sure in his knowledge? How successful were his past deals? etc. As a result, in most cases people start to doubt their adequacy and begin to ask my advice.

In most cases, people are self-confident and it is impossible for them to prove that you are right. If you are worried that a person can lose their money, then do not press on him with your beliefs. In this case, you will only run into the negative.

It`s easy to understand the psychology of waiting, but there is a time to be patient and moments when you need to strike. People wait more calmly when they’re told that everything is OK, but each of us needs to answer on question "What I wait?" You can wait drop to buy more, you can wait top to sell, so it depends what you have, and what are your plans with your possession. Most people have one goal, that is making more money. Even that depends from individual plans, you can make money every day, or you can make a lot once a year, time is always important in trading when did you get in, when do you plan to exit. It`s hard to talk more specific about this topic, trading have so many ways and each ways depends from so many factors, I mentioned couple important ones and it`s your starting point, your capital, your wishes and goals, your knowledge and experience, and many other factors to be considered. To know what is the best for you, try to find answers in practice and trying things, but always have in mind more you plan more safer you are from losing money.

The longer you wait, the higher the chances that you will decide to sell it for the low price are. Only the wisest people can restrain this desire to get rid of the crypto and get fiat fast.

For long term holding you have to have good strategy, excellent nervs and be endlessly patient. Unfortunately not many Bitcoin holders have these qualities. Last but not least the funds you have invested in Bitcoin must be those that you realy don't need for a longer term.
Otherwise you might make decisions that will lead you to loss and not profit.
To avoid such mistakes it's also good to have some Bitcoins that will be used for short term investing.

With psychology from the market going down since the beginning of the year. Many expect to be bought back at the bottom. Many people have speculated and waited for bitcoin to fall down to 5k5. However, you need a real, determined and persistent mindset. If you continue to wait with such thinking. I think you will hardly have the opportunity to buy BTC at the best price. :)

If you are wait then wait until the price increase than to wait the low price and sell. you are just waiting for the recover not for your big lost. That's you need to do  to avoid losing money.

I'd like to congratulate those people you've heard from December 2017, wait is truly paid off (If they have truly wait)  ;D

nothing to make them understand, seems they do know what they're doing and anticipated this event

TBH I myself couldn't realized until mid Feb that BTC is really going down

It give a way to open door and to understand TA's and trading much more

and Voila, it explains it

I have realized already that I should sell some of my coins last year to book for a profit, I was to greedy not doing it and now I have to wait
to see a good price again. I just feel I did not act on the right timing but I don't feel also that I loss money now because I can still hold for longer than a year.

Personally, I believe that you need to include common sense and strictly fix the profit when the price of any asset increases, because investment is always a risk and first of all the goal in front of everyone is to earn money.

In such situation it's good to plan your buying points on certain price levels and stick to them. This way if the price bounces up unexpectadly, you already have some coins that give you profit.

Well that’s the “coin that has two sides”. There is a lot of info that BTC might drop even further and we can’t tell for sure whether it’s another FUD or something legit. And now bitcoin is in 6-7k region for quite a while which is definitely not the best sign. There are people with more “mixed” forecast, I , for instance, see bitcoin as heavily "coiled spring" that may burst to 10k , 20k or even destroy itself and have price of 100 bucks. What I can definitely say we are on the "next stage" of crypto space and there are plenty of factors that can lead to anything(e.g. governments uncertainty, institutional capital , ETFs, too many scam ICOs, overall economic downturn or even beginning of recession in the world etc etc etc). We are on the crossroads now. Make your own unbiased decisions but be sure to have strong basis of reliable information to back you up.

Right now the price of Bitcoin has dropped, maybe these is the time that they buy for it. We will never know when Bitcoin price will go up again like the previous year but it will surely come.

right, they shouldn't have to wait anymore to buy because prices will continue to change and they can lose the opportunity to buy at low prices, so don't hesitate to buy and invest, do it now

I think this post was made when btc was close to $18 and since then till now btc has fallen to around $6000 and same people might not habe bought, they may still to wish it goes to $1500, to me waiting is relative and as a short to medium term trader, I may not want to wish price drops to such level before buying, the idea is always to buy low and sell high and when the market goes against me, I exit

If people will buy for it, I think in the next few days we'll be able to see bitcoin's progress at greener trend of the blockfolio monitoring. In reality nobody knows or even predict the exact price on how Bitcoin will rise further, and for an opinion here psychology of waiting was just a matter of patience and courage.

Some people (smart people) waiting not 5000 they are waiting for big up impulse (say on +50%). Only after correction of such impulse, they will buy on big money.

They don't care what the price will be 5k, 6k, or 7k they need the impulse to start preparing big money (withdrawing from deposits, etc)

I think it is always depend on the market. Or maybe investors inside the crypto market and we can really earn on it if we are going to wait for the right time to sell. I believe that good things cones to those who wait, so let's wait and have more patience for good.

 I think that it is not easy to wait but as for me this is not as difficult as I am a patient person who is always weighing pros and cons never hurrying. I think that btc holding strategy is the best

Honestly waiting with patience is very big thing most of the traders will lose their patience at the wrong time will cost them huge amount,but one who understands the technology of bitcoin will results to be patient in long term for that never invest more money than you can afford to lose.

This is your opinion - the syndrome of lost income. You need to think about raising the reliability of your briefcase, and not afraid to miss the income. Buying early the time, it can also cost a big percent.

I'm one of the waiters.  I still have about 35% of my cash in Tether waiting to get in.  This jump to 7k hurts. I did however get a partial position while we were down under 6k.  Time will tell if it will work out $ wise. 

Not all the time the percent of your having some perks of buying is  a must there is some certain thing that you have to think wise for no matter what you have to deal with.

use the opportunity as best as possible, don't let you wait too long and expect the price of bitcoin to be very cheap, because no one knows tomorrow bitcoin can experience a very drastic increase because the cryptocurrency market always gives surprises that we never knew

 It is more convenient for them to wait. Because, in order to become a trader and buy coins, you need an internal power. It's always hard to start something.

Waiting into the boom of all cryptos is very rare now as all of the traders are panicking because of the decrease of value of mostly coins and tokens in the market. But who are the one whom is waiting on the golden era will probably earn profit at the end of the day. It is not about hodling and good in trading it is the virtue of a waiting since the others are panicking, lol. Legendary traders, Hahaha.

One of the big problems with traders is that they trade too much, it may seem weird to say something like this but it's the truth, whenever I have tried to trade there have been several days in which I did not saw a single opportunity to trade and I was fine with that, but for many traders they feel that if they are not out there in the market trying to make money then they think they're wasting their time not understanding that if they get into the market when there is not a clear trade for them to make they will lose money.

You've got explained all nicely and stumble on the simple purpose behind the buying and promoting strategies of the investors. Certainly there is an expansion of buyers and we can't count on that everybody has comparable behavior. There are folks who don’t care approximately the marketplace prices for purchasing and promoting, they may be honestly involved approximately having bitcoin and keeping it for long time given that they are not in need of money.

Now and for now, anyone is expecting the market to rebound, but no one is sure when and when the market will recover. So I thought about waiting, then the opportunity would come

That's is true if the price drop is opportunity to buy any kind of coins or altcoin to gain if the price is pump
But talking about this current position of dropping is not a normal dropping its been almost a year price crisis
All people are waiting for the pump due to asome of this had a lot of loses because of continue dropping

I remember last year December when BTC was reaching almost $20k  people saying: "I missed good price, I should have invested more, I would go all in if  I see $6k again" And when it happened many of them  are  in panic  now and leaving the market. Strange logic.

They are not using any logic that is the problem, people say a lot of stuff but when it comes to the time to practice what they say many people are going to fall short, it was very easy to say that you will buy bitcoin at 6000 when you already knew that it will reach 20000, but now that the price of 6000 has appeared people have no confidence that the price is going to go that high again and that is why they are not investing in bitcoin right now.

Well I don't blame them. They have lost faith but if you've been trading or even study the trends and chat, you'll know this is just a retracement. It will go back up and surpass the 20k mark.

Waiting never makes us lose percentages, precisely on the contrary we will get a presentation that's bigger than before except time which we consume to wait for the existence of greater change. We were not disappointed with the time we spent, however long it waited it was better than selling it today.

I agree, once we enter crypto world we must know how to be patient and willing to wait for the right time to sell, especially if you don't have huge amount to invest here. Once you invest with cryptocurrencies make sure that you will just put the amount that you can afford to lose, that even you just sit still and wait for years it doesn't matter because you just put the amount here that you are willing to lose and this is maybe your bonus if the price will increase.

There are two angles to waiting. If you are a bag holder and you are waiting for a spike to offload your bag. This kind of waiting can be quite frustrating, you see your portfolio nosediving right in your presence and you are helpless. You are glue to the charts watching for any sign of life. The other waiting is much easier, you have your capital intact, you are just waiting for the best entry. It can be tricky too, it's not easy to tell the bottom and the best time to get in. You will lose out on good profits if you miss the entry. Patience is not an easy virtue but quite essential in crypto space

I guess I am in the first one, I have a lot of coins and I have been watching them all the time, this is very frustrating because the market now is not good.
However, I should stay calm and stick with my plan as I was able to cash out big with this method last year when bitcoin reach $20K.

Now i understand how to make profit consistently in crypto trading.  In bull market  the price of crypto will going up to 10 to 100 times a few month,  but in bearish market the price will going down to 70% to 90% in a few month as well.  So after all price of crypto on the top, we should be waiting a few month to buy back untill the price dumped to 70% to 90%.

The psychology of waiting is a bad feeling that causes people to live in constant stress. Especially those who invest in the bull period will be well aware that this waiting period seems to be quite a long process and your stress increases in every decline wave. This bad psychological situation, which is the main reason for panic buying and selling, is usually the worst fear of all investors. In addition, this psychological situation only affects our lives in the sector. I don't want to go without saying that we have a bad feeling that causes many of the balance of our body to change. Therefore, the best advice I can make to investors is to make long-term investments and not to experience the stress of short-term fluctuations. Of course, long-term investment will lead to a longer waiting period, but it will also help to experience less stress in the short term. Therefore, I do not recommend you to invest in preparing yourself for this psychology.

Exactly. That is the spirit Bro. Stick to the plan. Don't get sway by your emotions to make any irrational decision that you might regret later on. One of the ways you can achieve this is by concentrating on your offline investments during this time. Delete your portfolio apps and stop watching the charts all day. You will be the better for it when they market turns around.

There is nothing wrong with waiting itself, but you must realize why you are waiting in the first place, there are many that are just waiting for an opportunity to sell their coins even for a loss and obviously those that are waiting with that intent are doing it for the wrong reasons, but if you are waiting because you are watching the markets and you are trying to find the best opportunity to try to make the most money out of your investment then you are doing it for the right reasons.

I think that before buying bitcoin, you need to analyze the market and understand in which particular zone the price is now. If at the moment the price is too high, then it's better to wait a little. If the price is adequate or low enough, then you need to buy.
It is also very important how exactly people are going to trade. If the purchase is made for the purpose of daily trading, then there is no sense of a long wait for the price to fall. For all this time you will be able to earn much more. If buying bitcoin for long term trading, then it makes sense to wait for an acceptable price to buy.
In general, when a person purchases for the first time, fear and uncertainty seize the person. It is these feelings that prevent coins from buying.

they should see and realize that the price cannot go down again. because the lowest price in the past few months was $ 5800, and now the price has stabilized at $ 6000- $ 7000. so what are they waiting for. it's still a good time to buy and collect bitcoin. if they are still waiting, they will lose the big moment to come, tell them don't wait longer just for the price of 1% lower than now, because they can lose 100% profit in the future.

I still find it kind of strange as I have seen a lot of investors who said that they will purchase bitcoin if its values drop below $6200 USD per bitcoin, and when the price of bitcoin did truly dropped below $6200 USD per bitcoin in the past few months, I did not see a lot of trading movement in the trading market as compared to last year bull market, I guess this might be some sort of human psychology that most investors are only willing to invest their money in a trading market that is showing bullish signs, and that is one of the reason why some investors are highly likely to lose their money in trading due to the fear of missing out effect.

Very well said, that is what is happening, it could also be the cause of greediness because most of us wants instant return.
Actually it's hard to control our emotion in trading so it's really important to stick with the plan, even when the time that bitcoin hit it's all time high, I heard some people who are saying they'll buy at $15,000 but were silent when we did reach that price.

I think waiting is only helpful if you have one in hand, if you don't have any BTC then you just wait and watch all those lambo's driving your streets and you hoping to reach there, its all about making profits in between the jumps , hodl games work only if your wallets are filled with crypto you bought at its lowest price.

Some people tend to break their promises, for example is that they are going to buy once bitcoin reached the price that you have mentioned, but they didn't because they are expecting that it will decrease more, and that is the greediness that kicked in. By that, we will lose the opportunity to make profits by buying on the dip because what we thought was wrong, or we could make profits because what we thought was correct.

Traders mind is complicated, they wanted to maximize the chances of making profits, that is why sometimes the result is not always as what they are expecting.

big money is made on the ability to endure, so the expectation of $ 6000 may not be such an unrealistic price

Yeah. Peoplre say things they don't intend to do. Perhaps they just want to influence other people's decision, who knows. This is how whales do it. If you don't take time to understand how things work, you'll drown.

Yes the the one person is me whosold at what I thought would be the peak ($5k) hoping to buy back in at a dip around $2k again.. it never happened. They're all speculators, the people saying a "dip is imminent". It might be, it might not be. If they're right, they'll boast about it, if they're wrong, you won't hear them mention it again and it will be forgotten.

Which is why it is useless to try to predict what the market is going to do, the market is going to move independently of what we want and yet people make all kind of predictions about what the price is going to do and even worse they put huge amounts of money behind their words and when their predictions fail instead of blaming the methodology that they use to get those predictions they blame the market as if the market did something wrong.

Who estimates price based on any analysis type, but there are so many ways to predict. Maybe they try the right way. The fact, cryptocurrency is often unpredictable and sometimes it makes the analysis usless. Maybe chance also helps.

they should understand, that when prices start to stabilize below, it is in a saturated state. so it won't dump again. and they should have bought Bitcoin to prepare for the pump price. Bitcoin prices are currently stable. an increase of only $ 6000 - $ 7000. and I say this is the saturation point of bitcoin trading.