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Author Topic: I feel uncomfortable if I donít buy  (Read 978 times)
ilovealtcoins
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September 01, 2021, 01:49:26 AM
#121

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.

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September 01, 2021, 02:00:40 AM
#122

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 canít 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.

It will be uncomfortable for a while if you buy it, but it will always be uncomfortable if you donít 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.
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September 01, 2021, 02:03:39 AM
#123

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.

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.

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.

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September 01, 2021, 03:52:04 AM
#124

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.
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September 01, 2021, 06:43:35 AM
#125

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.
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September 01, 2021, 08:11:38 AM
#126

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....
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September 05, 2021, 04:49:21 PM
#127

We know industry is the key to success but in crypto currency patience is the only key to success. If you donít 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.

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September 05, 2021, 09:13:47 PM
#128

We know industry is the key to success but in crypto currency patience is the only key to success. If you donít 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.

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September 05, 2021, 09:24:46 PM
#129

I started putting 1k into Bitcoin every time it drops by 5k since 60k.
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.


Quote
And I ran out of funds a little while ago.
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.

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September 05, 2021, 09:54:22 PM
#130

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  Cheesy
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.

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September 05, 2021, 10:44:48 PM
#131

its a nice strategy if you can wait, not minding how long it will take. buying is best done at different levels of dip. it now depends on how long you are willing to wait. when i draw my chart, i pick different buying levels of buying. i buy when it gets there or closer. i dont feel pushed to buy with emotions, i research, analyze and conclude to buy and wait to take profits.
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.

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September 05, 2021, 11:11:13 PM
#132

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.


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September 05, 2021, 11:17:03 PM
#133

Having good self-control, bro. If you missed a chance to buy a coin, just wait for its correction to buy.
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.

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.
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.




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bhooscream
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September 06, 2021, 11:02:47 PM
#134

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.
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..


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September 06, 2021, 11:25:24 PM
#135

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.



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Rainbot
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September 06, 2021, 11:59:06 PM
#136

The fact that I canít buy this dip just makes me extremely uncomfortable.
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

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September 07, 2021, 12:04:21 AM
#137

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
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September 07, 2021, 02:57:36 AM
#138

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
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September 07, 2021, 03:18:06 PM
#139

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 canít 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.

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.
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September 07, 2021, 04:09:30 PM
#140

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 canít 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.

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.
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