Psychology of waiting

[runway]

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.

[Redhead5]

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.

[Nellayar]

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.

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.

[drachman]

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.

[acheampong64]

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.

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

[putrii]

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.

[coinhunt]

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

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.

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.

[electron-coin]

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  . 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.

[tanjilrifat]

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.

[TGD]

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

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.

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.

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.

[incomefromcoins]

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

[carlfebz2]

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

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.

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.

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.

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.

[fia_naila]

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.

[joshy23]

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

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.

[redsun114]

Would they like to wait for the price lower than 6k? I find that they are a bit greedy. to me 6k $ is the price I feel good to buy in then. If they keep waiting for the high bitcoin price they will not have the chance to buy it at 6k $ or even 6.5k $

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.

[tuanphuong666]

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

[katerinaliisa]

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

[Coral27]

Would they like to wait for the price lower than 6k? I find that they are a bit greedy. to me 6k $ is the price I feel good to buy in then. If they keep waiting for the high bitcoin price they will not have the chance to buy it at 6k $ or even 6.5k $

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.

[neonshium]

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.

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

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.

[susila_bai]

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.

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

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.