Psychology of waiting

[Saichoukyushin]

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?

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.

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[meshow1]

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

[charlenedave]

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.

[LogitechMouse]

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.

[odinson0008]

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

[Wish 107.5]

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.

[gunungkembar]

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?

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.

[burong1]

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.

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.

[Supercrypt]

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'  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.

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.

[cryptojaani]

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.

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.

[Kemarit]

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'  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.

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.

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.

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

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.

[cryptojaani]

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

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.

[bitcad4u]

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

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.

[Hassan02]

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?

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.

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.

[flatnose101]

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?

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.

[gidaahmad]

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?

[alink]

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

[Tactical Genius]

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.

[feelideb]

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.

[Shamie1002]

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.