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Author Topic: I feel uncomfortable if I don’t buy  (Read 1069 times)
KeikoKitagawa18
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June 25, 2021, 01:48:22 AM
 #41

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.

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June 25, 2021, 04:48:43 AM
 #42

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.

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June 25, 2021, 05:53:08 AM
 #43

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.
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June 25, 2021, 09:45:39 AM
 #44

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  Wink

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June 25, 2021, 10:03:50 AM
 #45

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  Wink
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.

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June 25, 2021, 10:12:41 AM
 #46

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.

 
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June 25, 2021, 01:02:53 PM
 #47

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.
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June 25, 2021, 01:32:05 PM
 #48

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.
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

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June 25, 2021, 03:15:24 PM
 #49

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.
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July 02, 2021, 09:36:51 AM
 #50

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.
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July 02, 2021, 09:49:32 AM
 #51

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.
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.
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July 02, 2021, 11:39:23 AM
 #52

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.

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July 02, 2021, 11:59:36 AM
 #53

Patience.
There will always be a chance to redeem yourself.  Grin
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.
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July 02, 2021, 12:00:44 PM
 #54

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.
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.

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AicecreaME
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July 02, 2021, 12:14:59 PM
 #55

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.

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.


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July 02, 2021, 12:19:52 PM
 #56

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.

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July 02, 2021, 12:23:58 PM
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 #57

Patience.
There will always be a chance to redeem yourself.  Grin
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.

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.

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July 02, 2021, 12:29:35 PM
 #58

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.

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.

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July 02, 2021, 12:56:36 PM
 #59

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.
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..
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July 02, 2021, 03:00:48 PM
 #60

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.

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.

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