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Author Topic: Do you ever feel tired of waiting?  (Read 1208 times)
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October 12, 2023, 02:24:38 AM
 #41

(....)
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 understand, for me, I am not really tired maybe because of a lot of factors like I am a busy person and I practice having patience with Bitcoin price, like not always checking the price of Bitcoin, not always checking the charts, and having some leisure to not get bored or tired about waiting on the price of Bitcoin to pump.

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October 12, 2023, 03:45:59 AM
 #42

If you have invested money in Bitcoin that is not essential for daily expenses, you won't be feeling burdened by holding it, as this money isn't crucial for your day-to-day life. If it weren't invested in Bitcoin, you might have considered putting it in stocks or keeping it in a bank, where you'd still need to wait a considerable time for a bull market.
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October 12, 2023, 04:07:41 AM
 #43

There are two kinds of investors in this market: those who invest to HODL and those who invest for the short term. If you believe in the word 'HODL,' time doesn't matter to you because your goal is to sell it at a good profit, regardless of whether it takes 5 years or 10 years, as long as it satisfies you when the time comes.

Judging by how the market moves, during a bull run, Bitcoin usually creates a new all-time high (ATH), and the price skyrockets due to the hype of what we call FOMO (Fear of Missing Out). So, I guess you have to inspire yourself with that.

On the other hand, we have short-term investors. They sell when they see a small profit, but they aim to do it consistently. If you can't stand holding onto your investment for a long time and you don't want to get bored, consider learning the skills of day trading. This way, you can still make money while waiting for the bull run to come.

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October 12, 2023, 04:16:53 AM
 #44

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?

I am tired but I am 66 so being tired happens easier.

Also The window to wait for moon is shorter for me.

I am looking to exit by 71.

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October 12, 2023, 04:23:24 AM
 #45

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?
Actually, I have also felt tired of waiting for the price of bitcoin to increase significantly, even though we have tried to collect bitcoin in various ways but waiting for it to reach its highest price sometimes makes us tired. What I experienced was based on the fact that we monitor prices too often and don't let bitcoin be stored properly in our wallet before it reaches its highest price. Until finally I decided that every investment I made in Bitcoin would be left alone and never monitor the price every day.

Our mindset can sometimes affect the level of boredom caused by thinking too often and the only effective way is to leave bitcoins safely stored in our wallet. When the bitcoin reaches the price we want, then go back in to sell it and if you are experiencing stress because of this problem, then stop for a moment and do something else to get rid of the boredom that results in stress.
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October 12, 2023, 04:28:46 AM
 #46

Yes, I'm a bit tired too, it's cooler when we're at the bull market but that's the way it is. Whoever wins in the markets is because they have patience. In addition, this cycle has been rather disappointing in terms of profits, and future cycles are likely to be disappointing compared to earlier cycles. This would be an indication that bitcoin has matured, that volatility is reduced.

... even though my only source of income is signature campaigns.

I see this as a problem. Get new sources of income and you will add excitement to your life.

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October 12, 2023, 04:38:19 AM
 #47

I know where you're coming from but I never feel tired anymore waiting for the bull run or the right time to sell. I am an impatient person but holding Bitcoin just taught me how to be more patient. Honestly, it had helped me personally on how I look at matters and things on different perspective and to be patient for their results as I want to get the best results for these trials that I've done in the past.
Fortunately, I'm not too worried about its price anymore. In 2017 or 2018, I'd get extremely frustrated over Bitcoin's price, which was my largest mistake. The 2018 crash made me quit, had I been active during all these years, things would be quite different now.
Yeah, that's one regret that I also hear from the friends of mine that I've shared the talk about Bitcoin. They've been there during the 2017 bull run but made them lousy and tired on 2018 because of the bear market. I guess that's how it works really for those who are staying and believing on it than to just get a quick cash and leave. But no matter what happens, everyone who has seen this market before will and can comeback anytime that they wish to. The past is the lesson that we have to apply for what's coming to us within the nearest future.

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October 12, 2023, 04:38:26 AM
 #48

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 decided to hold because I learned a lesson from the past experience that it is more beneficial if you see Bitcoin as a long term investment. What I do, to not think of the price is to keep myself busy. This way, I have no time to monitor the current value. Because if you don't have anything to do and just monitoring the price often, it's really likely that you'll get tired especially if you have no long patience.

It's an advantage that I have a day job because it really help me to divert my attention. Moreover, I don't want to repeat the same mistakes that I did before hence as much as possible i'm refraining myself to sell if not really needed.

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October 12, 2023, 05:05:16 AM
 #49

I know that sometimes it is tiring , But if  we are going to dig from what happened from the past?
and about our past mistakes in now saving till the bull run happens? I think our tiredness will take out and change to more waiting.
specially now that we are just a year away from Halving? actually just months before it turns out and wait for another month for the effect.
please keep in mind that we have been in this feeling before and also made some mistakes, so
try to keep the patience now and wait for another long months for the final kick off.









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October 12, 2023, 05:10:01 AM
 #50

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?

The current state of Bitcoin is definitely a tiring time, as the volatility that Bitcoin is known for has not been seen for quite some time. However, everyone knows that this is a long-term investment and it is difficult to earn profit here in the short term. It is better for Bitcoin investors to take advantage of this opportunity, as the price is rather stable. They should invest as much as possible before the Bitcoin halving. If we come out of the fatigue environment with patience, we will get good returns in Bitcoin.

Such tiring periods keep coming in the cryptocurrency market. However, I think bitcoin holders will never be disappointed compared to other cryptocurrencies, because they know that their investment is in the best cryptocurrency in the market. Most people cannot control themselves in this situation, although our thinking should be long-term planning. Which should include dealing with such a situation.
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October 12, 2023, 05:10:38 AM
 #51

I think it would be better to set a selling price so that you can settle once Bitcoin reaches your goal. I mean holding is actually good as you wait for your investment to have profits, but for sure in the process, there's a chance we would be needing money or not patient enough to use the funds. We need to learn from the past, which we don't value that much Bitcoin not knowing it would increase its value in just years, so holding is the best thing to do. If we remember the case of the guy who ordered pizza using Bitcoin, despite owning that much due to Bitcoin's value he used it rather than holding it. Just distract yourself by doing some DCA method so you won't think that much about the investment you put in the market.

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October 12, 2023, 05:31:33 AM
 #52

We all accepted that Bitcoin is a long-term investment, if you decide to hodl it. So, you cannot expect it to deliver within a year or two of you buying those bitcoins.

There were times where I waited 3 to 4 years for Bitcoin to recover to the price where I bought it at and then it suddenly shot up in price, giving me 800% profit.... so it will reward the strong hands.  Cool

Just buy and forget about it..... and when the price goes to the new all-time-high (ATH) .....reap the rewards.  Grin

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October 12, 2023, 05:35:03 AM
 #53

If you are feeling like that from time to time, I don't think there is much bad with that. But what you should have is hobbies/activities to fill your time with. Don't overthink too.
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October 12, 2023, 05:37:40 AM
 #54

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?

Yes, I am tired but because I know that as long as I persevere and get through this difficult period, I will receive a worthy reward. Therefore, every time I feel discouraged and tired from holding for too long, I think about what I will get when the bull season comes and feel more motivated.

In life, there will be times when we lose faith and get depressed, which is normal because we have emotions. But every time that happens, think about what you will receive in the future, I believe we will overcome it all. Moreover, this is a financial market and to win we need to be patient because only those who stay at the end will receive the reward they deserve.

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October 12, 2023, 05:47:14 AM
Last edit: October 12, 2023, 05:59:20 AM by LogitechMouse
 #55

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.
Don't believe to anyone claiming they hold, or tell you to hold, that is BS. If you care to think of maximizing your profit then you should have thought of holding just enough for the next bull run and buy again during the bear market. People might trick anyone they come across with to say to hold but in fact they are selling their own crypto. I honestly feel that bitcoin won't be higher than its all time-high, I'm still positive but needs more data to see.
I remembered my mistake again 2 years ago. I did hold, but I overheld my tokens, and didn't sold during the bull run of 2021, and I lost my supposed profits.

There's a difference between holding for a very long time, and holding, and waiting for the next bull run. You saying that holding even though bull run happens is BS? Do you believe that "ALL" of the Bitcoin holders are selling during the bull run? Nahhh I don't think so especially those who already think of buying Bitcoins for their children. Kind of weird, but I believe there are some who did it already. I did tell to others to hold especially when they are at a huge loss, but it doesn't mean that they'll not be selling it especially when we are in a bull run, but I also think that there are still investors who are long time holders, and they will hold their Bitcoins whatever happens.

Regards to what you said that Bitcoin won't go higher than it's all time high of ~$69,000, it's your opinion, and it's your prediction, and my prediction is Bitcoin will reach 6 digits in the next bull run.

Quote
Re: Do you ever feel tired of waiting?
Yes there are times where I feel tired, but I always go with my "WHY". Why am I doing this. Why do I need to be patient? Why do I need to hold assets for a very long time knowing that I'm an impatient person, but over the years, that "WHY" of mine changed me positively, and it works really well for me.

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davis196
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October 12, 2023, 05:58:23 AM
 #56

The people, who are HODLing Bitcoin only for the sake of waiting for another ATH and selling aren't real Bitcoiners, if you ask me. They aren't using BTC to buy and sell, they use it as a speculative investment asset. Don't get me wrong. I don't criticize them, but Satoshi didn't create Bitcoin for this purpose. Even I can consider myself to be one of the HODLers, which means that I'm not a true Bitcoiner. Grin
Anyway, what's the problem with waiting? If you can't wait, just sell at the current price and move on with your life. I don't expect a new ATH by the end of 2023 or in 2024. There's plenty of time to accumulate enough BTC before the next ATH in 2025, even if you sell all your BTC right now.

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October 12, 2023, 05:58:51 AM
 #57

Its why you need to participate in betting on casinos to pass time. Because the longer we wait for another bull market, the frustration also bubbles as funds drain

Gotta get your world spicy while waiting so you on't be tempted to sell your stash and run. Too late for that, the waitmis almost over. Relax, watch news on crypto, economies around the world and the wars thats happenning.

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October 12, 2023, 09:43:26 AM
 #58

If you have invested money in Bitcoin that is not essential for daily expenses, you won't be feeling burdened by holding it, as this money isn't crucial for your day-to-day life. If it weren't invested in Bitcoin, you might have considered putting it in stocks or keeping it in a bank, where you'd still need to wait a considerable time for a bull market.
This is a common challenge people usually have when hodling Bitcoin,  they get worried of the market because they are looking up to what they will gain from their investment in a particular time. One thing I have come across it is impossible to invest without being panic using a money that can can't be afforded to lose.

People who invest and succeed to meet the bull market invest without using all the money they have, they understand it is not ideal to depend on the profit of an investment because the market is volatile and unpredictable. To achieve a successful investment is to invest with an amount one can afford to lose and never to expect profits from your investment from your personal prediction,  just keep hodling for the bull season.

R


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October 12, 2023, 09:47:16 AM
 #59

Feeling tired of waiting for Bitcoin to develop rapidly is normal, especially since we have all been waiting for 1-2 years. Market conditions are still not moving well but that doesn't matter. We can do other things that can provide benefits so we don't get bored of waiting.

We are all waiting for market conditions to improve so we can sell what we need to sell to take advantage. And we've been waiting for 1-2 years, so waiting a little longer is okay. If you have waited that long, it means you can still wait a while longer. We all feel tired but I'm sure our tiredness will pay off when the market recovers and we can see how much profit we can get later.

Be patient a little longer. If you feel tired of the price, don't look at the market price anymore; do other things that can make you not feel tired of the market. So keep holding your Bitcoin until the time comes for you to sell it.

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October 12, 2023, 10:34:05 AM
 #60

Its why you need to participate in betting on casinos to pass time. Because the longer we wait for another bull market, the frustration also bubbles as funds drain

Gotta get your world spicy while waiting so you on't be tempted to sell your stash and run. Too late for that, the waitmis almost over. Relax, watch news on crypto, economies around the world and the wars thats happenning.

I think joining a casino is just a place for entertainment after stressful working hours, not a place to kill time. It would be a waste of time if you gamble all day just to kill time. Not to mention if you lose and decide to go all in with the dealer, what will you have left? Instead, I will work more and check prices or market conditions less. Or at the end of the day, spending time with family, and children...will be better than just focusing on gambling all day. But I don't find anything too boring or tiring because this is not the first time we are eagerly waiting for the bull season.

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..PLAY NOW..
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