Do you ever feel tired of waiting?

[TelolettOm]

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.

People who knows and experienced the previous bullrun seasons, won't claim it with no reason. Holding 1, 2, 3, 4 years depends on when they bought their Bitcoin. Why people must feel tired if they know the bullrun season will come in 2024-2025. I think they are very enthusiastic now since it won't be a long time to see the next bullrun season. Although Bitcoin price is still around $26k-$28k, it will increase gradually toward the end of this year. It is surely a prediction only, but people must feel optimistic when they learn the previous history of bullrun season.

I sometimes felt tired, to be honest. I sometimes lost my patience and sold myself emotionally. But not now; I have improved my knowledge and experience day by day. Now I invest only what I can afford to hold for longer. So I shouldn't sell at any point.

I'm surprised you state it. I guess a person at your level, will never feel tired.  
Agree. As long as we only invest in the amount that we afford to invest, we won't hurry to wait for the selling time. It will feel very long time if we use loan money or our main money. It is because we need to secure the money as quick as possible. We know it will bother our life if we fail.

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[n00ber]

I sometimes felt tired, to be honest. I sometimes lost my patience and sold myself emotionally. But not now; I have improved my knowledge and experience day by day. Now I invest only what I can afford to hold for longer. So I shouldn't sell at any point.

I'm surprised you state it. I guess a person at your level, will never feel tired.  
Agree. As long as we only invest in the amount that we afford to invest, we won't hurry to wait for the selling time. It will feel very long time if we use loan money or our main money. It is because we need to secure the money as quick as possible. We know it will bother our life if we fail.

There are many things that will put pressure on our investments and they don't just come from borrowed money. If you suddenly need a large amount of money and have no way to manage it, you will immediately think about your investment. And sometimes life's pressure will make us impatient and tired when things don't come at the right time. It can be said that pessimism, fatigue, pressure... sometimes it will happen to us in daily life but that does not mean it will defeat our original goal.

[Ultegra134]

It was pretty normal if dont really have the right mindset or probably just doesnt have the financial foundation yet, I mean if you know what you are doing you probably already know that it is better to Hold at the moment since the market price is still too low and if you sell at this moment it is going to be a loss. I mean it was kinda of annoying for sure when you were waiting but,  if you have the right mindset you still not going to sell your investment since it's going to be a loss the best thing always to do is to be patient right at this moment because for sure Bullrun is going to hit soon.

Or probably you still don't have the financial foundation which is why you are still having thoughts on your investment and feeling tired of holding just wanting to sell it at any moment. In my experience one of the best things to effectively hold your investment is to have multiple sources of income, if you have one source of income and it is your cryptocurrency investment then you shouldn't be investing at all since you still doesnt have the financial foundation, something like savings or emergency funds is really necessary before even starting to invest on your so that if you really needed the money your not just going to sell your cryptocurrency because you still have savings that you could use or have other income that you could use incase.

Not really a mindset issue, I'm not new into cryptocurrencies and I perfectly understand halving cycles and market periods. However, I've never seen a period so stale throughout my involvement in cryptocurrencies. I'm not starting to worry, at least about why Bitcoin isn't performing great, nor am I tired of waiting, not yet at least. I'm fine with the idea of waiting a few years to yield double or even triple results.

The cause of my frustration now may be perhaps due to my financial foundation, as you've already mentioned, because I'm currently unemployed and Bitcoin is everything I got going.

Yeah just like me I don't get bothered with any price of Bitcoin now because my intention of Bitcoin is not for buying and selling immediately which has given me the confidence of not panicking or being affected emotionally and psychologically seeing the Bitcoin price depreciating or increasing.

One of the factors that should or must be considered in times of buying Bitcoin is the intention of the investor if his plans are for holding or for buying and selling, because if the intention is for holding Bitcoin I see no reason why we should get tired of holding when is obvious that in Bitcoin is mostly through long time holding we could actually see what the future holds for Bitcoin.

But I believe one of the reasons why most people will get tired of holding is because there initial plan wasn't for holding but for buying and selling as such that if they are not seeing a Bitcoin price increase they tend to get tired of waiting, so is totally depends on the intentions of the buyers so like me I can never get tired of holding even with current fluctuations it doesn't influence me from accumulating Bitcoin because the future is what matters.

Exactly, I'm not bothered about Bitcoin's price, I'm not at a loss so I don't see a reason to be frustrated yet. My initial plan is to hold until I can at least double my Bitcoin's value, then I'll see how I'm going to proceed, whether am I going to hold and keep aiming for something better, or to sell and be done with it. As I mentioned earlier, I'm not tired yet, however, I can't be 100% certain that if the market performs like this for another year or two, I won't be frustrated. We'll see, only time will tell.

People who knows and experienced the previous bullrun seasons, won't claim it with no reason. Holding 1, 2, 3, 4 years depends on when they bought their Bitcoin. Why people must feel tired if they know the bullrun season will come in 2024-2025. I think they are very enthusiastic now since it won't be a long time to see the next bullrun season. Although Bitcoin price is still around $26k-$28k, it will increase gradually toward the end of this year. It is surely a prediction only, but people must feel optimistic when they learn the previous history of bullrun season.

I'm generally not an enthusiastic person, however, I did feel delighted during previous bull markets, it feels nice seeing your coins gain value. I believe that it's expected to feel tired, nothing much is currently going on, no major dumps or pumps in price, which may be causing lack of interest. Anyway, I used to trade a few years ago, the market volatility would cause me an adrenaline rush, now it's too stale, and perhaps the lack of this rush is why I may be having second thoughts from time to time.

[Mpamaegbu]

do you ever feel tired of waiting for Bitcoin to thrive?

Waiting is the Colour of Ash, that's a remarkable line from a poem I read long time ago by a Nigerian poet. It's remarkable for me because it makes me wander what is the rush for in life, generally; not just for Bitcoin and its enthusiasts. That line in the poem further births the maxim, "slow and steady wins the race. For me, I've experienced the Bitcoin full circle twice and I can confidently say it takes just about four years to put all doubts on hold (hodl) pun intended. I ain't tired of waiting. All I've been doing is to have something else to occupy my mind and you won't know how time flies. I encourage you to do same.

[Bitcoin_people]

Many people claim they hold bitcoins for a long time but I have seen some people feel tired after holding for three to four months. The point is that not everyone has the patience to invest for a long time. Many people lose patience when they see volatility in the market. But I've been holding for almost a year now but not selling Bitcoin, and holding for a long time until I see a bull market I'll try to hold. Anyway I've seen a few people say they made a mistake with bitcoin long but I've seen them sell those bitcoins after a few days for a small profit. Bitcoin investment depends on the patience of a person for how long he can hold the investment. The person who is more patient can gain by holding bitcoins. A person who lacks patience never invests in bitcoins and holds them, instead he invests and sells them again hoping for a small profit. So I think if investing with the hope of profit then it is best to invest for long term and keep profit as long as possible.

[philipma1957]

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 if you are doing a signature campaign you are earning under 2,000 usd a month.

That is not enough.

[ancafe]

I do not get tired of waiting and most times I do not remember I am waiting for the bitcoin price to rise and intact I do not actually wait for the price. The reason why I do not feel the bitcoin movements is because I invest using DCA and with small amount of money which has no place in my daily expenses. By this, it looks as if I am saving and the portion I am saving does not affect me.

The only time I will be worried is when having comes and go and yet there is no price increment, that is when I will be greatly scared. I haven't experienced bull runs and study how it works. This coming one is my first.

When someone carries out a long-term strategy in investing in Bitcoin, they will be more relaxed waiting for price movements before reaching ATH. For those aiming for the short term, boredom may arise and often give rise to feelings of uncertainty regarding the correction that occurs in bitcoin. That's why the long term is the right choice and we have the opportunity to accumulate larger bitcoins like using the DCA pattern that you do and when there is a large budget available we can also accumulate purchases when the market experiences a decline.

At a certain point every human being will definitely experience boredom from the waiting process and patience is a step that can bring someone to be calm. If you have never experienced what is a bull run? Be patient because over the next year, perhaps you will come to the conclusion you want to see and history will be a reference from which you can learn about Bitcoin's journey before it reaches a bull run.

[romero121]

From the profile of OP, it is clear that he's using bitcointalk since 2014. I don't know from which year he had got into signature campaigns. Maybe if he had got into signature campaign earning earlier and if he had kept hold of those funds now this question couldn't have come into his mind. In the past users receive similar pay, but in terms of BTC it used to be very high against now. Sometimes I used to calculate what I've got earlier and what it could've been in today's price. Thats a big difference, and on such calculation everyone suggests to hold and enjoy the goodness. However the holding shouldn't restrict us from leading our life through sacrifice. We should live and with rest available we should hold for the future profit.

I prefer holding and in between I used to trade with the balance. This will help me make little profit and the same helps in increasing the holding. Any form of investment needs to be given time for growth. With cryptomarket we should be careful enough to enjoy the profit unlike the holding period. This means the price could increase within a month and we should not hold tight for years. We should enjoy the profit and then once again reinvest at the right time.

[Egii Nna]

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 main reason why you end up regretting your investment in the past is a lack of patience. If you are patient enough, you can still manage the money that you receive from the signature campaign. If I am not mistaken, you are paid weekly in the signature campaign. The money that is given to you every week can be managed up to next week before you receive another payment, which means you will be budgeting your expenses based on your income that comes to you weekly.

And again, if you have another source of income, you will enjoy your investment better because, when you invest, you should forget about the money and put it at the front of your mind, not at the back of your mind. The money you invested is like you borrowed it from someone and will bring it back after a long period of time with profit.For instance, in banks, we have what is called a fixed deposit account. When you want to put money in this account, you will make an agreement that this money will not be withdrawn no matter the condition until the year of agreement is reached, which is when you will receive your profit and your capital at the same time. So you can use that method to yourself and promise yourself that you will not withdraw the money until after some years and keep to your promise. With that, I think you are good to go.

[Fuso.hp]

Holding will not be exhausting when an investor invests for a long period of time with a specific plan. Investors hold their investment for a certain period of time to get profit but after the desired profit is achieved those who hold their investment but do not get the profit as expected. I don't believe in holding all the time, I believe I must hold my investment for a certain period of time but if I get the desired profit within this period then I will sell my investment at that time and wait again for a better time. Those with less patience may get tired of investing. Before you become an investor you must be a patient person, whenever you become a patient person you can hold your investment for a certain period of time.

[letteredhub]

I personally take bitcoin as a store of value even though that's not the primary purpose of Satoshi creating the coin. But as a store of value to retain the value of my money when compared to how many years I have left same money in a traditional bank account without added interest instead the fiat value keeps depreciating. When inwrap this thought around me head I don't see any reason why I should feel tired of holding bitcoin no matter how long the next bull market delays it better than having it rest in a bank losing value that never appreciates. Onthink about it that way and keep holding never getting tired.

Maybe because you feel confident that there is nothing to wait for, but that is different from people who invest and want profits, especially by planning a certain time to take advantage.
But, I think what you are doing is full of risk, the price of Bitcoin moves quickly and it is possible for price shifts to occur at any time, so if Bitcoin is used as storage there will be many possibilities that could happen.
and I think feeling tired of waiting is a very common thing and certainly many of us have experienced that.

Why should I put my money somewhere and feel confident that there's nothing to wait for pertaining that money? It's very simple to digest, and this is it, when you make your own plans on when to take profit from your bitcoin investment you forgot to also consider that the market price may come up with its own plan clearly different from yours. That's why when we plan we should be flexible in our plans in considering other factors that may rise leading to a delay in our own plans being reach at the stipulated time.

At the instant we decided to invest in bitcoin or any cryptocurrency we assumed risk and each person must choice the risk they want. Maybe this sort of risk I have chosen to take is due to the trust I have on bitcoin that I'll make profit if only I can keep waiting.

[posi]

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.

Additionally, if ever you gamble and you keep losing, there's a high possibility that the bitcoin you are holding will be used in gambling. Looking for more money, and what is on your mind is you have your own holding that you can use and replace in the hope that you win in gambling. Instead of having a holding as you are waiting for the next bullrun, you would probably have no holdings when that happen because you have already used it in gambling.

That's the better way to make yourself busy, spend your time with your family, make the most of time time to be with them as it is the most enjoyable thing in life. You will lose track of the time and it is really effective.

But what I wonder is why do many people feel tired and depressed when they know that the price increase season will come after the halving? I mean, we have a specific time to hold, so why are we tired? I just feel tired and depressed if I have to wait for something I know nothing about, waiting in doubt. In this case, we are almost certain that bull season will come after the halving, so there is no reason to be discouraged. The goal is in front of us, there is no reason to give up now.

[Vickysagar]

Not really. I don't watch all crypto news and don't even open my OWNR wallet every day. I'm simply DCAing in Bitcoin every month and living my life, it doesn't revolve around crypto, so I can't get tired. There is too much stuff to care about, I don't want to just sit, watch charts and wait for the pump.

[Blitzboy]

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 main reason why you end up regretting your investment in the past is a lack of patience. If you are patient enough, you can still manage the money that you receive from the signature campaign. If I am not mistaken, you are paid weekly in the signature campaign. The money that is given to you every week can be managed up to next week before you receive another payment, which means you will be budgeting your expenses based on your income that comes to you weekly.

And again, if you have another source of income, you will enjoy your investment better because, when you invest, you should forget about the money and put it at the front of your mind, not at the back of your mind. The money you invested is like you borrowed it from someone and will bring it back after a long period of time with profit.For instance, in banks, we have what is called a fixed deposit account. When you want to put money in this account, you will make an agreement that this money will not be withdrawn no matter the condition until the year of agreement is reached, which is when you will receive your profit and your capital at the same time. So you can use that method to yourself and promise yourself that you will not withdraw the money until after some years and keep to your promise. With that, I think you are good to go.

Wow, there's a lot of knowledge here, and patience is crucial in investing, isnt it? Signature campaigns really touch home about financial management. Waiting for these little amounts of revenue and then carefully incorporating them into your weekly budget is a delicate dance that requires diligence and patience. How can one maintain patience, especially when unforeseen expenses derail plans?

Your contrast of invested and borrowed money is refreshing. Whats wrong with seeing money as something thats not yours but will return after a long time with a little extra? Keeping this perspective from becoming a rule is a simple suggestion. Even with careful planning, investments can fail, so a mental and emotional safety net is as important as a financial one.

[karabiber]

To be honest, there have been and continue to be many times when i get tired of waiting in the crypto markets. Waiting and being patient is not specific to crypto markets, it applies to all financial markets and we have to do it. If you are not interested in short trading, there is not much you can do other than waiting. Due to the nature of financial assets, it is inevitable that there will be periods of rise and fall in prices. This cycle also appears in certain periods in cryptocurrency markets.

We are in a period when many investors who entered the market in the last periods of the bull market should wait.
During this period, investors can take steps to familiarize themselves with market cycles by learning about cryptocurrencies, market analysis and investment. Bear periods are a time when both projects and all stakeholders in the ecosystem can improve themselves due to the stagnation in prices. Bear markets are boring but if you know what to do, you can build your ship during this period. The masses don't like to wait and if you don't go against this, sorry, you are in for a rough ride.

[Lucius]

The problem is precisely that most people are waiting for something to happen because they are only interested in profit, and the frustrations you mention are most expressed precisely at a time when the price of BTC is relatively stable. I stopped thinking that way a long time ago because it simply does not lead anywhere, and instead you should try to live without high expectations and accept that you cannot influence the price of BTC.

In addition, if you believe that the four-year cycle is still something that is in play, then you have no reason to be frustrated because we are still in the accumulation phase and everything that is currently happening has already happened several times, only the numbers were different. I well remember how frustrated people were during 2015 when the price of BTC was just above $200 and some said it would never reach $1000 again, but look where we are today

I'm not quite thinking of cashing out; I'm not too bothered by its current price, although it wouldn't hurt seeing my Bitcoin double in value. However, I've never seen the market so stale, thus the frustration. This period has been great for accumulation, and the low prices have tremendously assisted.

You registered on the forum as far back as 2014 (I only in mid-2015), but I think you mentioned somewhere that you weren't really active at the beginning, so you missed everything that happened during 2015 and 2016, and it looked pretty much like it looks today (except the numbers were different). All you need is to change the way you think, and see these periods as an opportunity, not something to be frustrated about.

I assume that your sig campaign pays you fixed in $, which means that with a low price of BTC you actually get more BTC, and that in the long term this is not a bad thing, but quite the opposite. In every let's call it "negativity" you can always find something positive, enjoy every new day because the time we have is really something precious that you can't buy regardless of the price of BTC.

[Dr.Osh]

whether you can afford it or not, if you focus on the world of crypto, then you have to do it to get big profits. However, you need to do another job or build another business that will make this wait less painful for you. I understand how to expect something that we need to wait for a period of time that we don't know, but there are quite a lot of other alternatives that we can do. Maybe we really think about the assets we have, and are afraid we will miss the moment. Because of this, you need to manage your time, and use notifications when price changes occur, which are sent to the smartphone you are using. However, the way to avoid boredom is to focus on something else for a while.

[Best-mary]

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 high, I'm still positive but needs more data to see.

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.

That's part of the market cycle, we're not always on top or bull market, there are phases we need to cross, there are changes we need to adopt, and there are opportunities we need to explore around crypto.

I agree with you. We mostly hold for profit. In the recent post I made about "Know when to stop" and talked about how I leveraged an opportunity when Bitcoin retraced. We only need to know the right time to hold

[Litzki1990]

I hope not to be impatient by investing and waiting. For the first few days of investing one may only want to observe the market but after a few days one will not be so interested in investing. The first step to investing is to have enough patience and accept risk. Investment is worthless if we cannot be patient. I am speaking from real experience when investing and if that investment is for a long period then monitoring the market multiple times is bad for investing because market volatility may lead to some profit or loss due to which we feel like selling our investments at that time. We must wait and have enough patience to make the investment period last long.

[Japinat]

Holding will not be exhausting when an investor invests for a long period of time with a specific plan. Investors hold their investment for a certain period of time to get profit but after the desired profit is achieved those who hold their investment but do not get the profit as expected. I don't believe in holding all the time, I believe I must hold my investment for a certain period of time but if I get the desired profit within this period then I will sell my investment at that time and wait again for a better time. Those with less patience may get tired of investing. Before you become an investor you must be a patient person, whenever you become a patient person you can hold your investment for a certain period of time.

You gonna have to believe that because the truth is that nobody holds their coins forever, they will sell them right away when seeing a profit already. Perhaps, it is unbelievable to hear someone saying to hold your Bitcoin for 10 years in order to make more money, and why? because that person tried to assume that he could not be tired of waiting and holding especially when he kept checking his investment. I was certain that once you've got into doing this often, the temptation of selling them is very close. Of course, we can be patient but if we talk about holding for many years, that is optional depending if we can really do it. Selling them is okay as long as we are earning some profit.