Bitcoin Forum

I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

Waiting is part of the game.
Just think of all the people who was around in the previous bull run(s) and the following depression(s) : do you think that those thinking like you did afford to buy every time it went lower? No. Sooner or later the waiting game starts and you better get used with it, since I expect more ATHs and more depressions in the following years.

And yeah, getting nervous when the movements are way different than you thought it's also part of the game. Bitcoin is not for fainted hearths. In time you'll get somewhat used and you won't get this nervous any longer.

Don't worry about it because you already have bitcoin that you are hodling so I think that you worrying yourself to death won't do you any good. Maybe the reason that you didn't have any money now is because you will have one when the real dump in prices happen.

As long as you have enough funds for your daily means without liquidating your bitcoin is still great even if you don't have the capacity to buy at a premium price. Just buy or DCA whenever you have the money regardless of the price.

We'll never know what will be the market sentiments in the few days or months, perhaps the dip we're seeing now still has a room left to go for another dip, or maybe it'll recover in a month or so. It's just the timing whenever you have the money coming maybe from your freelance works, job etc..

Whatever amount of Bitcoin you have, it still remains the same as long as you don't sell it yet.

From my experience in the past years, you must be very ready to be patient and wait for even over 4 years if you want to see some awesome gains in your holdings. Meanwhile, there is still a big chance that bitcoin price could drop further in the coming bear market. Just make sure you have money to accumulate more BTC when that time comes  ;)

To see how long you can wait with it, I think you need to be more positive with that money as well as with this market.
Waiting is also a very important factor, but not too conservative and stupid about what is going on.

Whether there is a further dump shouldn't be the question but as you already mentioned, the OP already has some Bitcoin that he Bought which is the ultimate. There are many that are wishing they have some funds to buy at any point of this dump and the wait is part of the system. It doesn't matter how long it takes as long as your intention for investing is true, you will make those profits sooner than you think.

Just wait and look upon to your long term goal. This is bitcoin and its market is always like this, take it from someone who had experienced early selling and lost potential profits and as well as selling at losses. Relax and everything is going to be fine, if you happen to have that confidence again and you're already comfortable buying again with those prices that you set, continue it and don't stop because someday you'll see the hard work and patience that you've allotted to bitcoin.

All you have to do is wait. For sure the market will always go up and down no matter what, considering the coin you're holding is Bitcoin.

You’ve done well buying dips, just sit & wait. You’re doing it right by buying when the price goes down. Too many people sell when it goes down. The price should increase dramatically from here to the end of 2021.

I hope you don't start selling things or borrowing money in order to buy bitcoin in this dip to increase your bitcoin holdings. it's always better to only invest/gamble the money you can afford to lose or don't really need.

anyway, happy Hodling!

How i wish that all people here has the same attitude as yours , that don't bother looking on an actual price but on what this can bring them in future.

from 60k you invested 1k ? so meaning you already putted almost 6k in the market? that's good enough investment if you are into long term holding for waiting at least 100k and above value of bitcoin.


No worries about the waiting because this is how we earn mate.

Yeah, you can't do anything but to wait till your investments grow and then take profits and wait for the price to dip again. I guess this is part of the mentality if people invested on crypto, gonna be a long and hard grind everyday. And now that you have chances to buy again at a discount, buy you can't since you don't have any funds right now.

Probably the best thing to do is not look at the market price for sometime,  ;D and make yourself busy with others things.

If you've been buying for a while, you probably have a significant amount in BTC already. Funds are not infinite, so it's fine that at some point you're not able to buy more even though the price is currently quite low. If you're feeling nervous about being unable to buy, then it sounds to me like a case of compulsive buying which is problematic. Financial operations require an emotionless attitude, not to make irrational mistakes. Just hodl if you can and wait for the market to recover. It can take months or years, but I'm sure it will happen eventually, so your investments will pay off.

Maybe you need to change the range of the price from every $5k to buy bitcoin to $7,500 or something else so you still have money to buy at a low price. If you do not have more money to buy bitcoin at a dip, you need to wait for a while for the increases so you can sell some amount and wait for the next dip. I am sure that will happen many times while you need to have more patient to wait for more.

At least, that is a good strategy, but you do not have to buy if the price is down not too dip and you can hold the money to buy at the other dip. You do not have to force yourself to buy bitcoin, especially borrow the money from other people. It is better to be patient and wait.

Thank goodness you bought some already I think it's better to hold what you have for now and look away from the market for some time in other not to hurt your feelings. I guess every dip in bitcoin price is an opportunity to buy.

You just need more patience and perseverance since you decide on doing this by yourself. everything will come to its place when the market is not looking good today, it doesn't mean that it will be like that forever if you want to prove my point, just check the history of the crypto market in recent years you will gonna see some promising comeback every year. that's why I suggest that the best things we could do in this kind of situation when we have some BTC in our wallet are patience and relaxation.

I think this could be seen as addiction in someway.
You need to relax and learn to control yourself don't be too stress because of it.
I also want to know what's your plan on buying in every dip, How long are you going to hold?
And I just want to add up don't be too greedy and once again relax and take it easy.

Don't force yourself to buy if you really can't, don't think of getting a loan just to buy at a lower price. Not all of us are able to buy in every dips since we have personal responsibilities.  No one knows how the market will move, it can even dip lower after you bought. Some of us feel anxious too when cryptocurrencies are dipping and we can't buy, let's just think that will still be able to have profit from it in the long run. Market will always recover when these dumps happen.

If you are holding even 0.1 Bitcoin then you already are in the list of few holding btc as investment in portfolio so you don't need to worry about it if you are long term holder.Buying at each dip is not possible if you have already invested your extra savings in bitcoin and now you would compromise your routine funding for investing which is not a good sign also.So being optimistic and btc enthusiast is good but don't ever go beyond your limits.When bulls hit the chart you would earn enough on your investments that might not make you nervous or irritated anymore.

I think that's reasonable because you will definitely have the assumption that your buying point is the best. If I have left this habit, now I feel more comfortable if the price really drops deeper and I just waiting to start buy it. if it's only a few % difference, I'd better wait. than only risking my asset for small percentage.

if indeed we.intendto invest, maybe this is a good time to make the process.of buying bitcoin, because the price is relatively.low and we can buy cheap prices.it can help us get a relatively.high profit if one day the price the price goes up, but if the price does n'tgoup.wecassuspend the sale for a while.even though in an indefiniteperiod.this is something we need to get right

actually this is a very good opportunity to buy bitcoin because the price of bitcoin is going down, bitcoin in the future has the potential to go up in price so buying bitcoin now is an opportunity to profit in the future as we know bitcoin is very good for storing in the long term. my experience in 2018 buying bitcoins i held for 2 years and i got great profit. I want to repeat those times so I think now is a good opportunity to repeat the times like in 2018.

There's nothing wrong with what you're feeling. For sure many other people are feeling the same way that you do. You just need to learn how to manage your buying well and avoid being too compulsive whenever you see the price drops. You can just simply wait for the lowest price it may go and buy as much as you can when that time comes. Now, if you still do not see it as an effective plan, you can still continue what you are doing but always be reminded of the risks you may face as you do so. Holding was never an easy job for us investors but most success comes from those who manages to hold for a long time.

Since you have bought some of it, then you don't have to feel uncomfortable because you ran out of money now. I understand that when Bitcoin price falls, is always an opportunity to buy more of it. All you have to do now is to be patience, I mean holding your Bitcoin until it eventually hit a higher price.

I think you need not worry if you miss this chance, you still have Bitcoin on you, and sooner or later, Bitcoin rises back to $60k, you will be making a profit anyway. It is just sometimes we miss some opportunities because of some reason and I don't think it is a need to blame ourselves for this. Remember that, we can't predict the market, if only you will know that Bitcoin will drop at $28k, it certainly you are preparing money for that. Unfortunately, you never know and things that we need to accept otherwise, it becomes a headache.

I think it's better to only buy when there's significant dip, so you can be busy with other important things in your life and don't get too attached to the price . And i would suggest you buy with what you can afford to risk and not to sell unnecessarily ,so we can have lots of regular people scooping up the dips from gamblers and impatient people. You earn in whatever direction the market goes if you know what you're doing.

Do not be desperate, over inquisitive to buy bitcoin when you dont have the knowledge, because knowledge is the primary subject someone have to acquire before any other thing, I'm not trying to demoralized your ambitions towards bitcoin but you have to plan or reschedule your ways through finance before buying,  it's encouraging for someone to buy bitcoin because it's investment but it requires time.

I think you are a tenacious person and now is the time to be patient. you just have to wait for the results of what you have planted so far and I am sure you will get something very valuable if you patiently wait until everything is as usual.
I really respect you and I hope one day if I have excess capital I will be like

not everyone can do what you do during the bullrun. at least you can afford to buy Bitcoin at any price. and you still complain about it? what makes you dissatisfied?
being able to buy bitcoins of any amount already leaves you with a guarantee for the future.
think about it, and we have different purchase receipts just to guarantee the same i.e. future financial interest.

It's an interesting strategy I should admit. I don't know it's really efficient but it's your choice in the end. When it comes to the current situation of the market, things are going on really interestingly. BTC price declined to even 28k but it didn't take long for it to go up to 35k again. Maybe you'd wanna wait for some time before buying again as you said.

Bitcoin is global and not also regulated by any government just like others currencies which falls and rise , Bitcoin is not also left out. however you must understand a trade you would want to venture into to be able to bear any action that could come out of it and as don't put all your assets in one trade so that you don't fall into trouble when the trade goes against you since it is what you don't have full control over

Just be cool men! You are doing the right thing, nothing wrong, or nothing to worry about as well. Sometimes we think we can buy it on the dip and we wait for it. But to be honest, if you wait for a lower dip then you can't buy Bitcoin. When Bitcoin starts dump then you may think oh it would go more down. That's how many times I missed buying Bitcoin. So I won't say you are wrong, many institutional investors have been buying Bitcoin in every dip. Do you think they are a fool? I don't think so at all. Since you already bought and there are no new sounds on your hand, means it's time to test your patience. Just don't be panic, your waiting time start now. If you are a good trader, you might take advantage of the volatility, otherwise, just hold.

its time for you to relax and wait until everything is beautiful my friend, don't worry too much about it because everything will be fine.
there is nothing more you need to do just wait and see because a few months / years later what you plant now will bear sweet fruit with a note that you have to be strong to hold your assets, don't be tempted by small increases :) but you also have to give limits or What is your investment goal, how long do you want to be, don't let yourself be too complacent

you should feel happy if it fluctuates because you will feel more uncomfortable if the price will only decrease because you don't have a funds prepared for buying . Fluctuations helps delay the dip and help you accumulate money .
 reserving 1k for a 5k fall seem a lot because I think that 5k fall is not that big enough  . this make your reserve fund run out faster

You would have any choice but to wait since you dont have any funds left for you to buy this dip but actually the thing you had done on buying -5k increment is something that majority cant do which means you had done some great job on doing while its still cheap

but since there's no such thing about unlimited fund then you would really be finding yourself to have a hard time when you had used up all of your funds.

The waiting game had just started so theres no thing you cant do about it and i feel you man on the times where you do like to buy but you dont have funds to spare.

Get used to fluctuations, OP.
Weren't you paying attention when dips happen and suddenly one miracle day it just surged upwards again?
Get used to it because it is gonna happen a lot when you're into long-term hodling or if you are not really into that, just don't look at the price and now that you mention that you ran out of funds.
Take a chill pill out of crypto.

Seriously it have not been funny for me seeing must coins including bitcoin being dump and I don't really have more cash to buy the dip have invested all my money in different coins since so I don't have more cash to buy the coins that are already dip but I believe if you are having money currently I believe this is the best time to buy the dip because must coins are already down now. And if you bought a coin already and they are already dip I believe you should not panic and sell just hold and I believe very soon the market will bounce back.

Lucky are those who got to invest in bitcoin when the price is in dip but this is not only the best time to buy bitcoin, there are still a lot of bearish season to come along the way. So don't feel so bad if you can't make it today because when there are prices dumping, great opportunities also come. I'm sure there are still more dips to come in the next days or months and probably, by that time you can already prepare your funds to buy cheap coins with great potentials.

I keep spending 70% My salary from daily job every month to buy bitcoin and i don't care what the price at that time because i believe at the end bitcoin will rise again and reach the new ATH, if not in this year maybe next year, i don't really need that cash at this momment so i can wait patiently.

Patience and proper timing is really necessary in buying coins especially that there's a lot of good opportunities.

If you study the market and analyze it properly then you can somehow make good decisions that you will never regret in an investment.

There are a lot of investors like you who can't sleep when they don't buy a certain amount of coins and it haunts them and make them uncomfortable just like what you feel.

Trust here is really being tested, many people fall to the point of worrying too much and in the end it is even detrimental, basically the more insight.. the greater the opportunity will be got, make the most of the opportunity with a calm mind.

You really shouldn't have invested all your funds so fast but on the other hand I think you'll be happy when everything you've invested will double up. For a long term distance you've done it all good but now you just have to wait longer for your XXs  ;)

Actually, he is not happy with the trend, he's out of money and misses the dip. And base on his dilemma, he has seriously hated the situation where he started to buy during the bullish season, not during the dip. Now, he is in trouble and I don't encourage him to take a loan for that sake.

Now that the market is facing a struggle to recover so fast, it is a need for the OP to extend his patience. Selling his Bitcoin will lead to his loss, I really don't think it was a good idea.

Anyway, OP should have prepared himself for being a holder for a very long period. Otherwise it was no use using doing all these buy-ins every time Bitcoin price drops by $5k. He should have realized that only those who have strong will will be rewarded.

I even feel envy that he had so much spare money to spend on crypto. Anyway, he should focus on something else while waiting for gains. Perhaps studying something will switch from feeling uncomfortable for not buying (he wrote that he has run out of spare money right now) with current opportunities.

Exactly, but I think that base on OP's story, s/he has probably jumped right in without doing some good research. I think OP will have the will to fight the temptation to sell his bitcoin so I think that along the way, OP will probably realize it. Don't be envious, some people just have the advantage that we lack but it shouldn't stop us.

So what’s your status, I hope that your investment hasn’t been very bad now that the price has fallen double of what the ATH price was? I can’t tell you when the price of Bitcoin will go up, but as to whether the price would go up? For sure it will go up. The only thing is that you can’t tell when it’s going to be.

Moreover there is no need of selling your coins when you’re at loss. Whenever I invest and the markets get bad, I don’t sell my coins, rather I would leave them and wait for when the market will recover so I can make my profit. If you sell now, there is no way to recover what you have lost

At least you were buying instead of selling! Now it's just time to relax and HODL. If you run out of money to spare don't look in your wallet and news. Relax and enjoy life.

Well, that happens to everyone who is investing in bitcoin or any other cryptocurrency. The market will keep fluctuating and you can’t control that. So, you better either be prepared for the ups and downs or take some time to prepare yourself.

That is usually one of the problems. Investors will keep saying the price is too high and they want the price to come down so that they can invest but at the end of the day when we actually have a dip in price, we have the same investors now been skeptical if they should buy in or not basically still hoping that the price will fall some more. If you believe in what you are investing in, then you wouldn't feel this way and also because most investors think of the immediate gains and not long time investment too.

The market is always unpredictable and at that once you can afford to buy some more, I will advise you to buy because bitcoin is for a long-term purpose so we don’t look at the current market price to make our choice to buy.

Patience.
There will always be a chance to redeem yourself.  ;D
I feel the same way last time it dropped below $30k. It was an opportunity that may never fall into us again but all we can do is endure it if there are no funds to buy for it.
I don't want to sell but I can't afford it. There's a solution, sleep through it and the next day it will be a new price.

Same feeling here mate, I am not feeling well if I can't buy cryptocurrency especially during this times that the market is in a dip situation because by just thinking that it is really good to buy and hold right now and thinking about the profit that may get today is really uncomfortable. But just relax because there will be still a good time for us to buy maybe not now but our time will comes and we will be able to make our own profit by our own decisions and money.

I think you are still fortunate enough to hold funds especially in the middle of the pandemic crisis. You must know that patience is vital in investing. Ask yourself, what is your reason the moment you started investing in crypto? Are you in for the short-term or long-term? You need to wait either way. You have to accept the fact that you can't always buy the dip. There will be times that you have to reflect and set aside it for the meantime to set your priorities straight.

In addition, fluctuations are normal. I know you are very much aware of that. As long as you have money to buy the things that you need in order to survive, then I guess you're still good. You just have to wait for the perfect time to withdraw some of your funds when the bullish market enters once again or buy the dip again the moment you have another spare money to spend.

You do not have to buy bitcoin every time it drops by $5k but you need to hold your bitcoin. If you want to invest in bitcoin, you should buy bitcoin from time to time and maybe you can use it weekly or monthly as a time to buy bitcoin.

Maybe you can try to buy low and sell high, so you will still have the funds to buy bitcoin. It is important if we have a plan on when we should buy bitcoin and we do not run out of our funds.

That's it, why we should have to force ourselves if there is nothing left, I think, it couldn't bring us to death.
If OP wanted to take this opportunity, then he has to sell some of his Bitcoin but that gonna be a stupid idea. Or, to take a loan is the last option but I don't encourage people to do this if they don't have another source of income.

I think OP needs to accept that he is not in control of the situation. The next time, he has to save some money as a reserve if he is able to buy in every dip.

This wish where you patience is been tested, don't get pressured into taking risk you can't handle. Don't let greed lead you to taking loans just to buy Bitcoin that your only source of paying back will be hoping on bitcoin to increase in price within that period of time the loan was supposed to last.

You might end up disappointed, not that Bitcoin won't increase again but your timeframe might be too small as the market is very volatile and came be easily manipulated by series of fud like what we're currently experiencing as a result of few bad news from different region of the world including some highly respected investors.

Instead focus your energy in other money generating taaks and get yourself some fiat to keep buying the Bitcoin you'll be comfortable losing.

be patient mate there's always a right time for that wherein don't just buy when it goes down especially if you don't know what will be the next result afterwards , i suggest make TA and always follow the trend. if you see there's a good results in the market and enough proofs that it starting to bullish then that's is the right time to buy,  never follow your emotions always wait for the right time..

If you can't buy this dip, you shouldn't be uncomfortable mate, as long as your selling your bitcoins I am pretty sure 100%
that bitcoin can recover its price value in the market. Just be patience in terms of waiting. This is actually easy to apply especially
if you are a long term holder. Just stay calm and relax even the market is down at the moment.

I recall a thread in Trading Disc. board discussing if loaning to trade or even to buy Bitcoin would be a great idea.
I can't wrap up my head on why would people tend to add another risk only to pay it all back to the loan when the risk paid off. ???
There are also thoughts of what if in x years/months the price didn't reach on what was expected. The best thing that could happen would only breakeven, but having that is kind of exhausting after all those days of hodling.

It's definitely a good buying moment if you see the prices of coins are falling down but if you run out of budget, don't overthink about it. There are still a lot of chances that bitcoin will dump its price in the months to come. For now, divert your attention into something that will also give you good returns.

Bitcoin is a risky investment and you should only invest on the amount you are willing to lose. I suggest just keep hodling your old coins and when you make profits in the days to come, reserve your funds so you can already buy those potential coins whenever dips are here.

It may seem bad at this point, because you're out of your strategy and missing out on an opportunity, however, remember that the crypto market is unpredictable! You feel sorry now that you're out of funds for investment, but maybe in a few months there will be an even better chance, with bigger dips and by then you will have saved up some money for that.
So I suggest you don't rush seeking funds and do not, under any circumstances, take loans for this stuff, it can end badly. Just wait for the right moment.

Don't spend all the remaining usdt you have in your wallet right now if ever you're trading at binance, try to apply cost averaging techniques so you wouldn't be out of funds. Just set your cheaper buying bids, lets say for example 10% of your total capital and by the time when price goes down you'll able to buy another 10% until price will completely stabilized at certain value before it goes back to the top. That's the strategy I made, to avoid depleting my funds and earn better profit and become comfortable on my trading.

You are not the only one who feels this, I am also feeling the same as you. But it is time for real learning to control our desire, just try to stop buying more. Not every time is a good time to buy, it is not recommended to buy more if you already have many coins or tokens on your wallets. Moreover, if you have no more USDT in your wallets or no longer extra money for crypto. You are better to keep holding the coins or tokens in your wallets. Try to be patient till the market recovers and the crypto prices increase again.

It is understood that you have already invested a lot of money in Bitcoin. So there is no reason for you to regret it, regret will come when you become impatient and try to sell your holding bitcoin. The best thing for you now is to forget for a while that you bought Bitcoin, when the price of Bitcoin reaches 100K, there will be no one more profitable than you, It is better for you to wait patiently now.

If you don't have any spare funds to use in investing, that is the best thing to do.
To just wait because patience really plays a big role when it comes to investing. Those who are impatient are the ones who are losing most of their money.

I know that feeling because I already experienced that in March 2020 where the pandemic has been announced. We've seen Bitcoin went down from $8,000 go back to $4,000 in just a few days. The problem on my part is I didn't have any spare money to use to buy some Bitcoin at that time. If only I bought even just a $100 and held it until this year, I would be having a x10 minimum profit which is really big already considering that I'm living in a 3rd world country :). I don't want this to happen again for me that is why I'm saving up some fiat in case I need to buy.

One thing that's the best solution is - you have to join the whale community, even if you have to pay a fortune to get in, but you can see clearly where the cryptocurrency is going, sometimes the price is controlled not based on chart patterns, but it's the whales' game.

In fact, you don’t need to feel uncomfortable because of the price drop. This is a normal market situation. You just have to hold these bitcoins and wait for a good time. This is much better than most people, Don’t even look at a chart with candles shorter than the weekly. It'll help. Just remember it won't matter much if your time horizon is long enough.

Crypto is indeed synonymous with whales, they have the opportunity to manipulate the market, and that is what we must deal with so that our capital does not run out. for small fish if such conditions occur then we can cut loss, for bitcoin, I think we can start buying it with less risk, but if we have access to follow the whales community I think it will be better

That's what I do, I bought Ethereum at it's highest but since I aim for the long-term, I still don't do anything about it that might cause things to go awry, I will just continue to wait when the prices go up again which I know that Ethereum will do when the time comes.

I have another disease , if im all in usdt for waiting to what comes next i feel very sick , like i have to long / short something and this is very dangerous thing.

it doesn't matter you keep buying, count your savings, but if you want to get a short profit, think about it first because if you buy bitcoin right now, the price is high at least you will sell. 1-2 ahead

I understand that feeling. when you feel that it is a very attractive price to own, but all your assets are already in crypto. however, the other thing you can do apart from waiting is work on it. what it means is that you put every few percent of your salary back in buying what you want. if you feel this is a low price, then it is worth it. if the bitcoin price hits $100k this year, you'll be grateful to have worked and waited for it.

I feel uncomfortable if you don't buy, if you feel uncomfortable, maybe it's good for you, but if you want to buy, you have to look at the market first, if the price goes down maybe you can buy, and if you get a profit you should resell a little bit, but if you wait for a long time it's good too, but you must have a large capital..

Yes, I agree with you on this. Waiting is a very annoying thing. But let's wait patiently for the volatile market to have the next drop , then you can buy , the price cannot go up forever because this is a market that will definitely have a suitable price for you to buy , don't worry too much about this and the waiting will help you get what you want.

Seeing the market trend that is happening seems to be waiting for a low price is very difficult, I'm sure the price of bitcoin will not drop below $40k, even today it's up 2% from yesterday's price, rather than we are tired of waiting then buying at the current price is better, the opportunity to skyrockets can happen at any time.

Maybe you should just have patience and wait. But you shouldn’t have started buying at the price of $60,000, you should have had more patience since you have already missed it. Or you should have just started early with your investment when the price moved from $10,000 and started going up.

And you should have done it when the halving started than wait till when the market got to $60,000. I am not going to tell you that the market will up anytime soon, because we saw the bull run take place recently and the market went down, so I am not sure when is the next.

Being optimistic isnt bad but dont anticipate nor hope that much because not all things that we do possibly believe that might happen would surely goes on what we are expecting because that would
only just create some frustration. Decide when you do see some opportunity and on the time you do feel comfortable. Hesitance might be common but you shouldnt really make yourself in a
rush because it would really be in resulting some bad decisions and would result into losses. We could really some opportunity on sometimes which we do really rush up on buying
or trying to get in but always remind yourself that you should really be mindful about the risk.

Waiting is the essential thing to do in this market. You shouldn't be impatient otherwise you can make a great deal of loss at the end. And you should never invest all of your money into a cryptocurrency. It is not a wise action to take. If you lose a serious amount, you will regret that you invested in that coin. I said this considering you indicated that you ran out of funds.

I also recommend buying Bitcoin now, because seeing the current Bitcoin price movement, the price is likely to continue to rise. But to minimize risk,
we can buy Bitcoin gradually and don't forget to use the stop-loss feature in case the Bitcoin price falls. I believe Bitcoin price will be bullish until the end of
the year, so buying Bitcoin gradually now is a good thing to do.

A lot of frustration is that when the price of Bitcoin or other coins goes down, you feel very frustrated if you can't invest. However, most of the time I invest when Bitcoin goes down. Today I am A regular holder of Bitcoin.

I think, You should have patience and wait for market situation.Patience key to holding or investing.  When bitcoin price  goes down then you can buy Bitcoin for long term holding or investing. You must need to control your Immotion with trading or holding. You need to buy most valuable coin when you feel very comfortable. So, you can buy coin when these coin price goes down and when price increase Then you can sell to get profit.

Yes, it's a fomo, or 'fear of missing out,' and being fomo'd isn't always a good thing because it means you're making bad decisions in your life and could end up losing a lot of money.
I sometimes feel as if I really need to enter the market without thinking about other things because you know it's a chance you shouldn't pass up because it can really give you gains after many months.

I can understand your anxiety, but it’s not always good to buy BTC everytime.
I know we have strong belief that BTC will touch 100k soon.
But for that we shouldn’t invest all our funds in the coin.
We have not seen the future. What we do is just predictions.
So if we need emergency funds then there won’t be any funds ready.
So it’s always safe to invest in limit.

Although its good to buy immediately once there's an opportunity to do it but sometimes you need to wait for certain times since we had several situation that bitcoins is at the peak or on questionable moments where the dump might happen that's why we need to be more careful and wait for the perfect time to execute our orders so that we will possibly earn and not to became a bag holder or a loser dumper.

he had profited already if he had bought $1000 every time the price dip since $5000. i wouldn't be uncomfortable in trading when i profited that much. just believe it when they say that what comes up must come down.

so if the price hits its all-time high like hitting $65K, it surely will come down. if i were him, i probably have dumped the first change i get and waited again which i wouldn't have to draw hard earn cash to increase my holdings.

the main key is just patience, we have to go through a period of indecision we have to fight and keep our ego away when the price goes down..
give our target where to withdraw the remaining profits even if only a little so that fatal mistakes can be avoided and the assets we have remain in a safe position..

This is why we always appreciate cumulative buying. So it's not exactly a waste of opportunity that you're feeling confused. Just hold and wait patiently for the profit target. You did better than a lot of people who sold panic below that level. Patient and optimistic in this trend, I think bitcoin is likely to return to 60k with a fresh breakout in September

Of course you have to wait. Because we never know what the market is like. It is a natural law of ups and downs that must occur in investing. Patience is one of the keys. As long as your needs are met, I think it's still safe to wait.

If you have invested enough and you couldn't afford it this time, then there's nothing to feel disappointed about because there are still other times when you can afford to buy and invest at a lower price again. It's a good thing that you're always eager to invest but you shouldn't force yourself if you're having a hard time.

Whatever you do, never take out a loan to buy the dip. It may sound really tempting but it will lead you into the depths of severe mental health issues you never had imagine. Hang in there mate, things will turn around.

Great, you are one of the guy whose now addicted to the coins.  ;D Welcome to the party mate and understand that patience is the key here and you will get the right opportunity to buy again.
If you are out of funds right now then that’s for the good reason. If you get the funds and bitcoin drops to your desired window then just buy double amount of what you always buy and this will simply balance out your regular savings into bitcoin. In fact you will have more marginal window this time since you are buying at lowest than usual and also putting more money into it. Great strategy for the entry point. This will give you good average of break even point. Good luck.

No need to rush just wait till the market bounce back and bring you very decent profits from those investment that you did before,

the market will reward you there's no need to feel uncomfortable, simply leave the exchange for a while since you don't have any

money to use for your investment.

Most of the investors on bitcoin believe that every moment is suitable for bitcoin investment. You can buy small amount of bitcoin every day or week and try to buy more if the price of bitcoin goes down a lot. I hope it will help you to make happy on investment purposes.

no need to worry about that, we can hold it until the price rises again although it may take some time until it reaches the desired price. investing in bitcoin is a profitable and desirable thing, so many are competing to have it. Don't panic easily with the ups and downs of the market. if the market is going down it will be better if we hold it and wait until the price goes up. stay careful and patiently wait for the crypto market to rise again so we can sell it at the right price and make a profit.

You have done things that many people are afraid to do, and many people will give up buying Bitcoin because the price has fallen.
You can wait patiently, wait until you have funds, and wait for the price to fall again, then you can buy normally.
Waiting is tormented. But the wait is worth it.

Waiting is a need to experience. Now that you have entered the market, don’t worry anymore. This will only affect your emotions and will not play any other role. Bitcoin is your long-term goal. The market is like this. You will see surprises.

I hope that your average price is lower than the current price, but anyway it is always said among traders that you shouldn’t catch a falling knife. It means that it is better to wait a bit when the price finally falls and bounce off. Of course, it can also be a falso bounce, but anyway it is better than average your price on bear market all the time. Moreover, like you said, you can run out of money and when you see the full dip then, you will not be able to buy more.

In the currency circle, don't worry, wait patiently for the market. This is a key element of investment. When you invest in Bitcoin, if the price of Bitcoin drops, you can choose to hold Bitcoin for a long time. Don't do things that you regret because of these panics, causing the loss of a lot of assets, don't give up, it will bring you considerable gains in the future.

If that being said for OP to wait and for sure it takes longer as we expected and I'm afraid if he misses the chance to but at a cheap price since the market is already making a continuous rally. If he is able to manage it before this current surge, that probably he is happy now but unfortunately, it was done already and he needs to wait months or even a year. Or, he will take a risk more by buying the current price at $50k. Because if he ever believes that the next ATH is above $60k, that still it gives him some ROI.

In my opinion, if you have sources of income that you can use without using your investments then that is all ok for me, even if you are not buying at a very low price. Continue buying and doing your investments strategies even if you don't get the target price that you want. As long as it is low then that would be good. We all do not have the idea what will be the market trend in the weeks to come, so if you don't have the funds now then ultimately you will get the funds that you need in your other sources.

Maybe try to find some new hobbies beside watching the market and at the same time do something other than bitcoin, try to learn new skills dude. What's keeping you uncomfortable is the fact that you are fixated and obsessed on getting rich with crypto.

If your intention from the start was scalping and hoping to get a lot of profit in a short time, then you must dare to lose and lose a lot in a short time, and it's time for you to change your intention to become a Bitcoin investor, holding your assets as long as possible until you reach the target you want. Think of it as savings, I still believe in December 2021 the price could reach between 75k - 100k. I think you are in the right position, even though you feel that the purchase price is too high.

There is nothing to be uncomfortable about here, if you can get a means of acquiring more go for it but if not, you just have to wait till you get some more cash with you.

Other than doing the waiting game which is the best course of action, OP needs to start looking for more stuff to do besides bitcoin, @Assface16678 is right, OP should find some sort of distractions to be able to alleviate the itch that he feels.

Exactly, doing outdoor activities can be a useful thing for OP to do because it's a good distraction and it's good for his overall mental and physical health not to mention that he can forge and strengthen the bonds with his friends, acquaintances and colleagues that he might join with those indoor activities.

Good for you. you are doing great at investing, consistent savings would give you a great profit in return.
Just consider your buying habit as your consistent savings commitment, not because you are worried that you are missing out on something.

You have gotten some bitcoin, and you don't have to put pressure on yourself about not been able to buy more. Although, I understand that every drop in Bitcoin price is an golden opportunity for any investor to purchase more of Bitcoin. But, you don't have to feel uncomfortable about not having enough funds on you to buy more bitcoin. I will advice you to be patience enough for the price to rise higher before selling your coins, in oder to make nice profit from your investment.

we need to understand that the purpose of investing in bitcoin is one of them to make a profit. so don't panic easily and get carried away by emotions to buy or sell. Don't be in a hurry to make a decision because it will only lead you astray. if you really want to buy bitcoin, make sure we can choose the right time to buy it, namely where the bitcoin price is low, so we can hold it and sell it when the price is high. It's important to remember that don't expect big profits quickly because all of that takes a process. if we are in a hurry it will only make our minds become chaotic and unfocused.

Of course, if you can't invest when the price is low, it seems very sad to you. However, I have invested in Bitcoin and held it for a long time. So far in my bitcoin investment There is a $3000 profit so far. However, I adhere to the policy of understanding the bitcoin bush.

True, this is similar to investing in mutual funds that we save regularly for 10 or 20 years then the value increases to 10x if we are patient, this is a good thing and I think we deserve to follow, successful people like this will smile because they get big profits.

you already doing good using your strategy
bitcoin is a good investment but you must have at least some funds for yourself while waiting
do not put everything because someday you might get forced to sell when you need some funds

I think it's never too late to buy bitcoin, whenever we have free money to invest. many of the many people who are afraid to buy bitcoin when the price is low they are still hesitant to buy for fear the price will go down again. but as long as we are patient then one day we will enjoy the results we have dreamed of. Therefore, instead of saving in a bank, it is certainly more profitable to invest in bitcoin

Yes man. Its with almost all the traders here. When the price of Bitcoin or any other best crypto currencies go down and the traders are used to buy them and see no funds, yes really feel sad and bad of not having funds. I really appreciate you for investing as much as you can whenever its possible. However, we might not get things at the right time always. So its good to even slow down and watch things move.

There are indeed lots of opportunities for you to get in, it is just really mattering on someones financial capacity on doing so because not all really have that kind of thing and this is why they do really
end up on regretting on missing out some obvious opportunities for them to get in when they do saw that the price is declining not only limited to bitcoin itself but also in other altcoins as well.
Just invest on the amount that you could afford to lose and you should be fine.If you do feel uncomfortable then it is somethings personal situation where it isnt really that surprising
that they are bit attached with crypto investments thats why they do really have that kind of behavior.

This is like an addiction you have and it is not good for your finance. Because of this addiction, you can lose a lot of money and it could affect you very deeply. I mean that you can enter a very bad psychological condition for example. It is not good to get accustomed to investing into a coin too many times. It hinders you from making healthy decisions considering your investments.

This is a need to change like this it brings OP to a sad end.
I'd like the idea to buy every dip but that is something different when we force ourselves to do that even we already have out of funds. To say that we keep track of our investment and we also are aware of our spending habits like in investing not all are resulting in good, some time is a failure. Better to know some limitations and we have to clearly understand that not all opportunities are meant to acquire.

It's better if you put in a small amount regularly, try to cut off money from your spending sources such as cigarettes if you smoke or some other useless source that doesn't serve you.
I believe there was a thread of a user who stopped smoking and put around 30$ /week into bitcoin and they're over 0.005 BTC now.

The best thing about it is you'll be paying the average of bitcoin at the moment.

Bitcoin is a Stock to Flow currency so it will move up so don't worry too much about your choice. You must have enough money to buy Bitcoin continuously or not. I know many people who bought Bitcoin regularly during the downtrend from 2018 to 2020 and they got rich.

It will be uncomfortable for a while if you buy it, but it will always be uncomfortable if you don’t buy it. I think there is always this mentality in every transaction.
But now that the frequency of trading has been adjusted, I will still focus on long bitcoin, because the general trend continues to rise.
Need to take a long-term view of current transactions
The most learned lesson from trading for 3 years is that buying bitcoins all the time and holding them will increase the value faster than frequent transactions.

If people really know how to consider the high chance of getting high profit from this investment, they won't hesitate on investing given that if they don't care about it for several years. The only problem about those people is their lack of patience where they cannot leave their money for a long period. Only a few are those who sacrificed their assets and they hold it until the price was insanely increased. Look at them right now, they most likely don't need to work because they can sustain themselves with the current money they have and it's all result of holding a big amount of BTC or any other altcoins.

My investment concept is to use spare money to invest to ensure that my daily expenses will not be burdened. I will not do things beyond the scope of my ability. When investing, I must control my own assets. Only you know your ability best. In the field of encryption, not only your investment amount, but also your emotions and psychology are also very important factors.

Don't invest because of falling prices or emotions that will increase your life pressure. This will make you a complete failure. Take on the investment that you can afford. Don't just look at the present, look to the future, and keep your attitude normal.

holding is the must on crypto world . If you not have passions you always on lose. in the future bitcoin market goes up and you get profit on it.
any market depend on sell or purchase if you buy bitcoin you can hold still market not goes up....

We know industry is the key to success but in crypto currency patience is the only key to success. If you don’t buy the dip then nothing to worry you just need to wait. Crypto currency market is volatile so you will get the chance again no doubt.  In the concern of bitcoin I just fell that any buy price is not the fact because I know that if I hold it then I will get my expected price again to sell.

You don't have to feel uncomfortable and nervous OP because there are still more dips along the way and probably lower than the previous dips. Yes, crypto is highly volatile so the price will just between its dip and its peak. For now, start saving a good amount of money so that if opportunity knocks again, you will be able to grab it already.

I have been in a situation like this but i learn how to take things positively. Since i'm motivated to earn, i learned how to be more patient and wait for the right timing again. After all, i only invest on the amount i can afford to lose.

Never seen this strategy but I like it, it leaves some room for the market to recover in that $5k price range and can easily  breakeven. I just wish I didn't sell my early crypto holdings when price was super low because that opportunity will never come back again.


Hey mate this shows how much you believe in bitcoin but invest in it as one with high risk and you don't mind losing because these markets get to be volatile and unpredictable on how the market will behave.

Waiting for more dip to buy again Bitcoin, nice step. You may wait for a little moment again until it will be bearish, but hopefully not so soon. Let the price of Bitcoin goes higher at this time, let us enjoy this bullish run  :D
However, buying little by little to get many more bitcoins is a good strategy moreover if we are aiming for a long-term investment. Step by step, that's it.

I am not a longterm investor, but I think I will also get myself into it next bearish season.

Never attached emotions when it comes to investing even if you do already have lack of funds then theres nothing you can do it and since you are aware on how things works then you would
really be ending up on waiting up for a very long time specially on how deep we had go down which means you didnt have the chance when bitcoin hit up 28k and for sure that point
was the most worth for you to get in since the price had already recovered but since its already approaching 60k then those steps that had been done will might be effective
but of course you would felt it when we past 60k.

Having good self-control, bro. If you missed a chance to buy a coin, just wait for its correction to buy. Don't force yourself to buy once it is in the top rising. You will regret it if the price decrease sharply after reaching the top rising. Sometimes, don't buy is better than buying at a top rising, it is also the way to be secure in trading or investment. We must know that a crypto coin can't increase forever or a long time, there is time for the price to drop again massively.

That's a better feeling that he's stating about not able to buy because he lack of funds whenever he sees the market drop. And as it is pumping lately, those regret that he wasn't able to buy will surely be giving him that emotion of missing it when it's lower than the current price.

Yes, it's the common thing when we're about to buy. If we see the price higher, we don't intend to buy. But if you have a long term goal holding bitcoin, the price won't matter like it is now if you're aiming for $100k in the future.

When we have no funds anymore, just survive with the coins we already have on wallets. Don't try to borrow money because it is too risky. Don't regret it when we cannot buy because there are still many more chances to buy again next time. That's why I said to wait for the next correction, so he can buy if he has some funds in the next correction phase. Now, it is pumping, it is not a good time to buy! Just be patient..

The price of Bitcoin is high now, in order for your investment to double, Bitcoin needs to reach the 100,000 dollar mark if you buy now. But as the Bitcoin maximalists always say, just continue investing even if the price is high. If you have some spare cash to spare then go ahead and invest right now while the price is still not that high. May think that the price will no longer go down and that it will be only upwards from that point forward. But still be careful.

It is a process of struggle for thought, emotion, and reason. In fact, when you decide to buy or not at a time when your mind is confused, it has emotional symptoms. The decision is still everyone's. Do not rush and do not hesitate for the plans and strategies that have been prepared. It is necessary to observe discipline when buying to reduce the emotions caused. I'm bullish on bitcoin's 100k tunnel and ready to accumulate it

It is quite funny though, but I think what makes someone feel uncomfortable for not buying at a particular spot in the market is lack of patience to get proper confirmation if it going to go our way or make a reversal and this is most times fueled by greed.
Most times it doesn't turn out well. Every body wants to be in profits and at such buying the dip is always the best but most times the dip might have not ended before one takes the decision of buying and then you see more dipping. The solution to this problem is to work on one's psychology and not to work based on the drives that is brought by emtions

Congratulations.

Recently, I often see some posts, OPs are buying Bitcoin at the low price of Bitcoin. I really like to see this kind of posts appear on the bitcointalk homepage. They can build confidence for newcomers who have just entered the forum.

Two points are certain about the price of Bitcoin.

1. Short-term can not be predicted
2. Long-term must rise

Well at least you know what to do next, as a beginner, a lot of mistakes will come in your way, and there will always be a chance to buy some bitcoins, Bitcoin will always have that dipping season, you know how volatile Bitcoin is and that's good, the last thing you need to learn is be patient and be active on observing the movment of the price, it's all about being calm and to not panic buy or panic sell your bitcoins.

SPACE YOURSELF OUT! Don't put 1k in each time. Do like 250 or 500 in your case.


But yes I saw the title and I feel the same exact way! I'm prob gonna try picking up some today, but I'm only gonna do like maybe 25 to 50% of my btc buying funds in case it goes even lower at some point I'll keep trying to buy the dip.

Hopefully (and I dont think so) we arent seeing the end of a dead cat bounce.

As you go on with your crypto experiences, i know you will develop those valuable traits that are very important to make you stay long in crypto. And being patient while you are in the waiting game and controlling your own emotions not to drive your whole self are included. I don't think OP you have to feel that way just because you were'nt able to buy but think of it, there are still more dips to come so probably prepare for it as early as now so you won't miss another chance.

I know lot of us here have been into your shoes but the only difference is they don't make it a big issue. Just learn to forget and move on. After all, this crypto market will move only between its bulls and bears so just focus on positive things and gradually it will help you attract passive income too.

For bitcoin, there is one very good strategy, buy and hold it, regardless of what happens, whether it goes up or down. It is worth holding until that time until it reaches the goal set by you. Bitcoin has one very good property, no matter how much it falls, it will still grow and become more expensive over time. Therefore, if you have patience, then holding Bitcoin will bring you a good profit.

This is a very risky thing you do in terms of having a quality life. In my opinion, you shouldn't invest all your funds into Bitcoin or any other cryptocurrency in the market. These are very volatile currencies and the amount of your loss would be really huge. Instead of doing it, prefer to buy some Bitcoin periodically with smaller amounts. This will help you allocate some of your funds to do something different. Don't be dependent on only cryptocurrencies.

But he has not mentioned if he is only investing in btc or any other crypto. We actually don't know his other investments by those few statements. Anyway, it seems the OP is getting "addicted" with btc market and he has to evaluate himself if he is ready for this roller-coaster ride in crypto. He should learn how to control his emotions. Otherwise, it may affect his mental health.

I guess OP seems very emotional when he was not able to buy at the dip. If he will always be that way, then maybe crypto won't work for him. He should work for it and as much as possible  be more patient at all times so that he won't miss another chance. I think most of us have experienced of lacking funds sometimes but it won't end up like how OP feels. I suggest he should be more flexible and never be carried by his negative emotions as it won't help him all throughout his trading journey. I know in time he will be able to develop what he needs to. It just a matter of experience accumulation and definitely learn from their mistakes.

Actually, investing only in Bitcoin will be safe, because if we are patient holding Bitcoin can generate large profits in the future. But if it turns out
that investment is also in altcoins, this is very dangerous, because not all altcoins are good to buy. There are a lot of shitcoins in circulation
right now, and they will cost us money.

Regarding what the OP did it was not good, because he used all the money he had for investing in crypto, this would cause problems in the future.
I always remind everyone to use the extra money we have for investing in crypto. I agree we do have to control our emotions, don't buy crypto
using emotions, in the long run it can be problematic. The conclusion is don't be too obsessed with making profits from Bitcoin, because sometimes
the profits we get can take a long time. So never risk everything to be able to invest in Bitcoin, because anything in excess is not good.

Do what makes you comfortable. Wee do have our own ideas and decision in trading. At the end of the day, it is you who will benefit if your investment gain a lot and makes you panic when the price goes down.

You can leave it alone for a while.
When you have money, you open it again and make a purchase.
Waiting is very important in this game.

What you were doing is really good but remember to not go all in just invest your spare money or even 300 USD will do. Price fluctuations do not really matter now especially if you're in a long term type of investor and, there would be more buying opportunities in the future so just sit back and relax for a just for this moment

Unfortunately, when you buy at a high price compared to the current price. But you are not scared, just relax and not panic is what you should do at this time. Long term market is always bullish, bitcoin will soon go back to $60k or hit $100k. or more I believe in the future of BTC and will continue to buy BTC at the right price.

Sometimes waiting is an opportunity, sometimes waiting is indeed regrettable. The laws of the world always make people feel that we are a member of this game field, and we are insignificant, just like the "out of control player" a short time ago. We are just Non-player passersby, but we are indeed the most miserable when we encounter a disaster.
Seeing the world in the trading, seeing the ruthless face of capital, seeing greed, desire, loss of control, thousands of life and thousands of emotions converge in this game field to form a K-line chart.