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Author Topic: I feel uncomfortable if I don’t buy  (Read 1040 times)
isaac_clarke22
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July 02, 2021, 07:43:27 PM
 #61

~
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. Huh
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.
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July 02, 2021, 09:55:46 PM
 #62

I know this feeling. But you should not indulge to it. This game is dangerous.
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.

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July 02, 2021, 11:01:10 PM
 #63

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.
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July 02, 2021, 11:11:59 PM
 #64

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.


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.
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July 02, 2021, 11:43:12 PM
 #65

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


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July 02, 2021, 11:56:07 PM
 #66

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.

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.

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July 03, 2021, 12:45:35 AM
 #67

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 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 Smiley. 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.

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July 03, 2021, 01:02:10 AM
 #68

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.

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July 03, 2021, 01:19:30 AM
 #69

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.
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July 03, 2021, 02:02:53 AM
 #70

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.
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

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August 27, 2021, 11:29:52 AM
 #71

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.
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.

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August 27, 2021, 11:45:54 AM
 #72

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.

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August 27, 2021, 10:53:20 PM
 #73

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

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August 28, 2021, 11:04:14 AM
 #74

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.


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August 28, 2021, 11:18:11 AM
 #75

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..

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August 28, 2021, 12:26:39 PM
 #76

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.
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August 28, 2021, 02:23:57 PM
 #77

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.

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August 28, 2021, 02:26:51 PM
 #78

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.
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.

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Fatunad
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August 28, 2021, 06:33:39 PM
 #79

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.
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.

R


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August 28, 2021, 06:39:43 PM
 #80

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.
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