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Author Topic: Do you ever feel tired of waiting?  (Read 1204 times)
Zaguru12
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October 11, 2023, 08:43:47 PM
 #21

The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.

You’re definitely not far from the truth, there was actually a thread about the volatility of bitcoin actually reducing and it has been noticed that this year has actually confirmed that. The only major movement this year has been in the first quarter when bitcoin started the year around $16k and almost did a 2x by moving to $31k then. Since then the other two quarters have seen a huge reduction of volatility rate. The ember months most especially are known for the red line but this years saw a stale price.

This reduction of volatility to me can be seen that investors are rather treating bitcoin more like an investment used as store of value. When this happens and everyone holds tight then I don’t see price movement. Also the volatility rate reduction has been predicted in the past that has bitcoin adoption grows it will become more stable. This has risen the thought in me that even during the next bull run we might hardly see a price increase more than 2x the current ATH


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October 11, 2023, 08:45:30 PM
 #22

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive?
This is dilemma is mostly faced by those who sees Bitcoin as an investment. Regardless if you are a Long term or short term holders if your intentions are to hold Bitcoin for the purpose of selling of you would face this situation.
I hardly think about Bitcoin in this way, I have never thought that there would be a time I would sell off my Bitcoin in exchange for Fiat because the price of Bitcoin has gone up, that would be crazy. The fact that Bitcoin can reach that amount you set as your goal shows Bitcoin is here to stay why then miss the opportunity to be part of it?

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October 11, 2023, 08:59:29 PM
 #23

Time passes so quickly without us realizing it. If you look at the halving it will happen next year, which is 4 years very fast and that is what makes some people not tired of waiting for a new ATH because they are focused on the plans they make. Once again, it seems that it is true that there is no fatigue for to hold Bitcoin longer because without realizing it, month turns into month and year turns into year.

Yes, as @Rikafip said, if you keep checking prices every day then you will feel tired of waiting for Bitcoin to record its highest price. Therefore just delete CMC and price tracker apps. I believe we must get used to keeping ourselves busy with various other activities so that the investment we make in BTC does not become a thought that burdens you to keep looking at prices every day.

In fact, we are entering Q4 and soon we will we will see the Halving moment, so the time that passes so quickly will only leave beautiful moments for us if we continue to hold and buy every dip that occurs.

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October 11, 2023, 09:02:05 PM
 #24

TBH, I'm not the type of person who likes to wait for anything. If I get the right opportunity to get out of the market (according to my feeling), I don't wait and just sell off. I've had been here since 2013, and had since been earning in amounts like max 1 BTC a week in a signature campaign, then lowered down to 0.4 BTC based on its price and rest is history. I never saved any BTC with me and I don't regret doing that because for me, at that time, it was the best decision. So I believe that what you did in your present based on your needs is much more important than just keep saving it forever and let others take the advantage.

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October 11, 2023, 09:04:57 PM
 #25

Our stay and experience on Bitcoin mostly tell us that we shouldn't feel tired because everything is worth it at the end of it or when the time you want to sell your Bitcoins. If there is one thing that I've learned from the experience of others and from staying here that is to patiently wait. I just want to be like those early holders who kept the faith and never hurried their fate because everything they've probably foreseen that it's gonna be worth the while. And those who have waited until the bull run can say that everything was planned and a good decision that they've made for their entire lives. In investing, patience is a must and it's not just in holding Bitcoin but also in other assets that you can have.

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October 11, 2023, 09:07:42 PM
 #26

No matter how persistent I might appear to be, I always feel as if the price of Bitcoin is not moving the way I expect it and sometimes it always get me tired, like waiting for a particular moment which seems to be taking forever for that time to come, and this time is bull run which I expect to see BTC price doing well and at least coming close to the last all time high.

But even as I get tired of waiting I still don’t give up or think of selling off, it’s just a natural feeling i think happens since what we are talking about here is money which one can’t just get their mind and eyes out of it, all of us have a target which we want to see BTC at before we can think of selling and taking some profit if we have more than enough we can just keep some why selling some to realize little profit.

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October 11, 2023, 09:13:14 PM
 #27

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.
This is why people needs to understand bitcoin before planing to invest because it can be predicted,  what we feel or think about the market is different from what we'll see. If one is fully prepared and understands how the market price moves their won't be any panic or worries when their is a delay in the market for the price to increase.  I think people that will be so tired of waiting are those who have already predicted when to make gains from the market.

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October 11, 2023, 09:26:52 PM
 #28

Holding is quite a big challenge for everyone and most of us can feel tired of waiting. It was easy to say I could manage to hold but later, they gave up. if we keep looking at the market chart and see the price of Bitcoin that only leads to some desperations a reason why I didn't. I can't say I was a long-term holder but sometimes I feel got tired as well and sell some of my crypto. It could be a reason why many people tried to become a trader instead of being a holder as they believe that doing this can generate more profit rather than holding.

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October 11, 2023, 09:31:00 PM
 #29

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.

I feel that there isn't too much excitement and this adrenaline feeling anymore; suddenly you'd see Bitcoin climb or crash; you'd be curious when it'd stop, what your next move would be, or simply feel accomplished seeing your money's value grow. Price movements are quite insignificant at this point compared to the huge pumps or dumps that occurred in 2020 or 2021.

Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?

Well I wasn't there in the past but with what I have I experienced so far here in the forum, I can deduce that the whole "hold" logic with Bitcoin was a bit faster when it comes to the market movement although am not that sure since I just recently got into the crypto space. Although many investor do to tend to freak out during dip and it's quite understand as the dips these days currently stay fixed and it takes long period for a break out to actually occur.

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October 11, 2023, 09:42:31 PM
 #30

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale......
Isn't it normal to get tired of waiting? let alone wait a few years for us to encounter bullishness, right? That's normal and natural in my opinion. I sometimes feel bored and impatient when waiting for the bullish period to arrive. I think, sometimes enough is enough. But in any case, there is no other way than to be patient. So that's what keeps me going until now. Sometimes I really want to exit some investment coins, but if you do the math, it's not worth the long term holding struggle that I've done up to now.

So, be patient. It won't be long before your hopes will actually come true. And you don't need to worry as long as you invest in good coins. Especially on Bitcoin. It's just a matter of time.

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October 11, 2023, 09:51:58 PM
 #31

The thing that makes someone tired of waiting is usually because they have too high expectations for something, and in this context, people who are tired of waiting for bullish Bitcoin are those who think Bitcoin can make them rich in a short time (profit is their goal) but for those who don't have the intention of getting rich quickly from Bitcoin, it won't bore them because their goal is long-term investment and there's no rush.  anyway, i never intended to get rich from Bitcoin, i support how Bitcoin will improve the world's finances and more and more people are adopting bitcoin then i'm not bored with bitcoin.

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October 11, 2023, 10:31:36 PM
 #32

Investing in crypto requires patience and discipline. We can't predict what will be the price of Bitcoin in the coming days. Don't invest in Bitcoin if you don't have those two. All investments require patience, but we sometimes think it takes a long time because they don't happen when we expect them to. The market is currently undergoing significant consolidation. I expected the price to continue making higher highs on a weekly basis, but it did not. So, if we feel this way, we should wait because Bitcoin's halving is approaching. Perhaps this is why the price of Bitcoin has dropped.

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October 11, 2023, 10:34:18 PM
 #33

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.

You are asking yourself the wrong question. You should ask yourself how exactly a new bill run will affect you or if the price of Bitcoin is, for example, $100k. Do you have enough Bitcoin in your wallet, so would such a jump in value change your life?
Bitcoin is not only a wild market, the current stable value is suitable for many businesses.

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October 11, 2023, 10:35:48 PM
 #34

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.

The motivation of getting much profit gives hopes and makes holders not tired of waiting.  As long as there is enough funds for the daily needs and there is no need for extra money for emergencies then it is not tiring to wait since it is just an excess money that is not needed for the dailies.

Quote
I feel that there isn't too much excitement and this adrenaline feeling anymore; suddenly you'd see Bitcoin climb or crash; you'd be curious when it'd stop, what your next move would be, or simply feel accomplished seeing your money's value grow. Price movements are quite insignificant at this point compared to the huge pumps or dumps that occurred in 2020 or 2021.

People get excited not of the present price but of the future profits, and the fuels them to have patience and persever until their target selling price is met.

Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?

I fully understand your point. There is always time in our lives that we exhausted our patience but we must find way to replenish it so that all our waiting and perseverance in waiting for huge profit won't be wasted.

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October 11, 2023, 10:53:51 PM
 #35

Holding for about 2, or 3 years and waiting for Bitcoin to increase in value is not a thing of easy, at some point you tend to get bothered along the road when seeing that the price is not performing as expected,  But knowing fully well that the time at which I'm expecting my investment portfolio to get mature removes every worry on my mind.

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October 11, 2023, 11:00:24 PM
 #36

If you feel that you will gain if you hold then hold but if you feel the opposite then it's your choice to either sell or continue holding. As you can read in thr first reply that some people do say they hold when the truth is they are selling their Bitcoin. I have done the same thing but it is because I needed some money for general expenses. That was years ago though and right now, I didn't hold yet but I am planning to do so when I have the chance of doing so. Patience is virtue.

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October 11, 2023, 11:12:33 PM
 #37

Honestly, if you ask me, I'm tired of waiting to sell Bitcoin in a bull run. So honestly, my answer would be no. There are several reasons behind this, which gives a person confidence and patience.

•>Get proper knowledge about investment.
•>Choose strategies for investment (Lam Sam or DCA).
•>Diversify Your Portfolio (Investment Amount) Stay calm and wait for a good opportunity.
•>Grab the opportunity for the perfect entry or exit position. Don't play emotionally with the market because emotion can make you crazy.
•>Don't be hurried every single time, because haste often leads to mistakes.
•>Don't panic about whatever you want. And the biggest and best point is risk management.
These are the things that will not make you feel tired: how long you can stay in the market, that is, how long you have to hold your investment. In addition, understanding these things is important before investing in a market. Because the cryptocurrency market is a volatile market, before entering it, you have to understand all these topics and work in the market from their perspective; otherwise, you may face losses instead of making profits if you are not familiar with market manipulation.

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October 11, 2023, 11:29:35 PM
 #38

To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive?
I don’t get tired, but I do wish the bull run is here already. I just want to feel the bull run and see crazy price movements in different coins. I have other things doing, so the amount I am leaving in bitcoin is the amount that is remaining after taking care of the necessary things which I am supposed to take care of. I will then divide the remaining amount and leave some in bitcoin, so I am not planning to use the amount I am leaving in bitcoin for now.

Who knows? How do you cope with waiting?
Just get other sources of income and just ignore the bitcoin you are holding, pretend like you’re not even holding any bitcoin. If you depend on bitcoin alone as a source of income, then you will be disturbed by bitcoin price movements. Get something doing that those not involve bitcoin, maybe you will be paid in fiat currency. I'm sure you won’t be checking your bitcoin holdings frequently. I just ignore little amounts of money frequently in bitcoin, and I ignore it.

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October 12, 2023, 12:02:42 AM
 #39

Is this even new? You've been here since 2014. I suppose you've already seen the worst of Bitcoin. Have you not developed those strong hands yet?

As a matter of fact, what's happening right now is much better than what happened in the past. In 2018, many have given up. I know of loved ones who are among them. Imagine getting tired of waiting after only a year, so they ended up selling Bitcoin at $3,000-$4,000 when it was almost $20,000 a year prior.

On the same day one year ago, Bitcoin was below $20,000. Today, it's $27,000. I cannot complain. Let the rise be slow so that I can accumulate little by little along the way.

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October 12, 2023, 01:16:17 AM
 #40

I did not wait for it; please forgive me if my hopes in cryptocurrency are not the sole focus of my life. This deliberate choice was made to avoid becoming overly dependent on something as volatile as cryptocurrency is at present. I still have several income sources that help me sustain myself, and this makes it less challenging for me to get frustrated when the market turns bearish.

This shift of focus has proven to be quite effective in controlling my emotions when making decisions. The fear of losses often drove me to make hasty decisions. It serves as a reflection of my past misfortune when I placed excessive expectations on cryptocurrency and relied entirely on it. The significance of feeling secure when faced with an unprofitable investment bolsters my self-assurance.
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