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Author Topic: Do you ever feel tired of waiting?  (Read 1204 times)
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October 14, 2023, 12:35:07 PM
Merited by fillippone (1)
 #141

To be honest, with bitcoin price stable right now most boring and tired with waiting for when bitcoin will raise up to higher price, problem for long term holding with bitcoin looking on progress movement very slow and bitcoin in last one or two months ago stable in lower price. Seems scalping or short term trading with bitcoin more profitable right now than have to be long term holding and most disappointed need waiting longer time will bitcoin raise higher price or keep stable in lower price. Actually, if want earn much profitable have to be patience waiting with bitcoin price and close halving have chance will bitcoin up or not.

Keep your patience for several months later, if not have good progress before and after halving is not good ideas with long term investment in bitcoin.

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October 14, 2023, 01:13:46 PM
 #142

A well-paid signature campaign ranges from $400 to $800 a month. I'd live like a king if I were earning that much from signature campaigns alone. Currently, if everything is running smoothly, I'll be earning $280 per month, which isn't bad; I'm actually quite satisfied. However,  I've been extremely busy the past few weeks with me moving out and have missed a few payments. It's not enough; it's a decent side income, provided that you have a main source, which I don't.

I know that one sig campaign pays up to $1000 per month and I think that is the highest amount that can be earned, but it is not clear to me that you could live like a king with $800 in your country, which is still part of the EU and the Eurozone. The average salary in your country and mine is almost identical, but even a single person would have a hard time living like a king on $800, especially after inflation has raised the cost of living.

https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage

That is true; as I quoted the previous user, I joined in 2014 as a teenager with no access to payment methods in order to acquire Bitcoin. I missed the decent acquisition years of 2014 to 2016, which would have helped tremendously now, provided that I had a broader knowledge back then, but anyway, it belongs to the past. I'm being paid a fixed amount, which is great in bear market periods, as I'm getting paid more in terms of BTC. When I joined Roobet a little over two years ago, I started earning approximately 1 mBTC per week ($55) back then; now it's over 2.5 mBTC ($70) due to the lower price.

Given that you are far from a shitposter, I think you could easily find a better paid campaign, and currently there are a lot of them that pay at least $100 a week - $400 or even $500 a month would mean a lot considering your situation.

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October 14, 2023, 01:41:22 PM
 #143

To be honest, with bitcoin price stable right now most boring and tired with waiting for when bitcoin will raise up to higher price, problem for long term holding with bitcoin looking on progress movement very slow and bitcoin in last one or two months ago stable in lower price. Seems scalping or short term trading with bitcoin more profitable right now than have to be long term holding and most disappointed need waiting longer time will bitcoin raise higher price or keep stable in lower price. Actually, if want earn much profitable have to be patience waiting with bitcoin price and close halving have chance will bitcoin up or not.

Keep your patience for several months later, if not have good progress before and after halving is not good ideas with long term investment in bitcoin.

Situations like this are a lot of people who feel and so do I, almost the holders who aim for a long time, will feel a sense of boredom on their journey in holding bitcoin whether they use their money with large or small amounts it's the same, this phase is always there in every cycle, although everyone's circumstances must be different but this must be passed wisely, don't because of boredom instead take steps to scalping with market conditions, which has the potential for you to lose bitcoin that you have collected so far.

This boredom also comes because maybe you are using money that you still hope that in the near future you want to use the profits from investing in bitcoin, I think mechanically how boredom arises because you hope for something like what I mentioned. It will be a little different with people who aim to invest in bitcoin for the long term and do not expect their bitcoin to benefit quickly because the target is clearly the peak in 2025, the price moves stable or stagnant like this instead it is made a place to take more bitcoin from the market for the target at the end of the cycle.

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October 14, 2023, 02:38:53 PM
 #144

We usually feel tired because in our mind we already think and assume that the next day, the price of Bitcoin will rise. We feel tired because we think that we are wasting our time already and much more of we keep checking the price of Bitcoin every day. I've been in that situation and I can really feel how hard to hold and wait when the market declines, we could sometimes think about selling them now.

I hate to say this but waiting is sometimes boring. So I suggest not to think that we are investing in Bitcoin, much better to make ourselves busy with other stuff.



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October 14, 2023, 02:54:12 PM
 #145

I do tire of people thinking a long wait means months or a couple of years too...

A long wait it 10 or more years.

Anything under 10 years is not very long.

The us gov say 1 year is longterm , but reality is more than a year is long term.

Yes, sir. It's really something that a lot of people come into Bitcoin thinking of long waits that pale in comparison with what long-term investment really means conventionally.

What's absurd is all this against the background of Bitcoin's relatively short lifetime, and getting "tired" of waiting when the network's just coming into maturity.

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October 14, 2023, 03:51:51 PM
 #146

Those who don't have enough money for a specific work which is necessary so they will tired of waiting for specific timing to sell their bitcoin. But all those individuals who already have lots of money so they will not tired of waiting because they don't remember all the time about their investment.

If you keep in your mind that your investment will be for longer timing and you will not touch it until it become doubles then you will never tired as your decisions are also related with your thoughts. you will must hold bitcoin for at least one cycle and after getting profit you will be interested in getting more bitcoin during bear market so remember that when Bull run initiates Sell your bitcoin and don't wait more as waiting more during Bull run will just collapse your ideas.









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October 14, 2023, 05:17:05 PM
 #147

It is true the volatility of bitcoin has gone down compared to the previous cycles, however this is bound to get even worse as times goes by and you will have to find a way to deal with this, in a way what you are going through sounds similar to the feelings those that practiced an extreme sport go through once they stop doing that activity, they feel their life to be kind of dull and they miss the old days in which they did all of that crazy stuff, and if I am honest with you there is not much you can do about it, as bitcoin is not going to change its behavior according to our needs and we are the ones that need to make the adjustments instead, however once the bull run starts and you see the profits coming it is likely you will forget about this for a time.

People can make mistakes, as mistakes are related to trading, it is possible sometimes, that due to a small mistake, there can be a huge loss, so it is a common thing. Also, bitcoin volatility is from the very start, but not only bitcoin every coin changes from time to time, it doesn't matter at which time someone has taken entry it will be changed. Analyzing all these things also creates some good vibes in the trading and helps the trader to go on.
As the bitcoin can't change for us we can change our strategies and we can do trading in some other ways so there will be smooth trading. Trading creates a massive impact on a trader if he has much knowledge about the trading.

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October 14, 2023, 05:31:20 PM
 #148

It is true the volatility of bitcoin has gone down compared to the previous cycles, however this is bound to get even worse as times goes by and you will have to find a way to deal with this, in a way what you are going through sounds similar to the feelings those that practiced an extreme sport go through once they stop doing that activity, they feel their life to be kind of dull and they miss the old days in which they did all of that crazy stuff, and if I am honest with you there is not much you can do about it, as bitcoin is not going to change its behavior according to our needs and we are the ones that need to make the adjustments instead, however once the bull run starts and you see the profits coming it is likely you will forget about this for a time.

People can make mistakes, as mistakes are related to trading, it is possible sometimes, that due to a small mistake, there can be a huge loss, so it is a common thing. Also, bitcoin volatility is from the very start, but not only bitcoin every coin changes from time to time, it doesn't matter at which time someone has taken entry it will be changed. Analyzing all these things also creates some good vibes in the trading and helps the trader to go on.
As the bitcoin can't change for us we can change our strategies and we can do trading in some other ways so there will be smooth trading. Trading creates a massive impact on a trader if he has much knowledge about the trading.

Trader could make an profit by just analyzing the market which is a quick flip method, where you don't have to hold for a long term so you could get profit or else you could be possible to get easily liquidated. That's the negative side of the volatility of the Bitcoin if one person doesn't know how to manage trading. If we were about to do trading, we are taking advantage of the volatile situation of the Bitcoin, so your 1$ let's say in just seconds it changed it's value and it turns to $10. We could say that it's just a simply method of buy and sell, but without knowledge, you could still make mistakes without knowing what is your mistake.

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Ultegra134 (OP)
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October 14, 2023, 06:16:08 PM
 #149

I know that one sig campaign pays up to $1000 per month and I think that is the highest amount that can be earned, but it is not clear to me that you could live like a king with $800 in your country, which is still part of the EU and the Eurozone. The average salary in your country and mine is almost identical, but even a single person would have a hard time living like a king on $800, especially after inflation has raised the cost of living.

https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage
I might be overexaggerating a little. The truth is that you cannot live with $800 comfortably, but it's a salary that is considered above the minimum wage. The minimum wage, after taxes, is approximately $700 (667 euros, to be precise). Thus, earning $800 with signature campaigns from the comfort of your own home would be pretty awesome, if you ask me. If I had the opportunity to earn such an amount, I'd probably work part-time for tax and insurance and not be at home all day.
Given that you are far from a shitposter, I think you could easily find a better paid campaign, and currently there are a lot of them that pay at least $100 a week - $400 or even $500 a month would mean a lot considering your situation.
Possibly, however, the majority of the signature campaigns out there have requirements in the gambling section, in which I'm not too active. On top of that, due to being away for almost a year in the military, I had pretty limited time, and I was considered lucky to have an office duty, which enabled me to have access to a computer.
Before, I used to hope that 2024 and 2025 come fast because most if not all are expecting a big bull run to those years. But then I realized that I do not have much investment yet and I do not expect bitcoin to do another x10 or more. This means I should take advantage of the years to save to invest more. Another thing to ponder is I do not want to age fast so yeah, let time take its time slowly and savor every moment in life. So I do not get tired of waiting. But I am getting more and more excited as we are already late in the year and bitcoin halving is months away.
To be honest, I don't really care to wait for something that I'm confident it'll happen. I'm not in a hurry to fast-forward to 2024 or 2025, on the contrary, I want to take advantage of the lower prices as much as possible.
Trader could make an profit by just analyzing the market which is a quick flip method, where you don't have to hold for a long term so you could get profit or else you could be possible to get easily liquidated. That's the negative side of the volatility of the Bitcoin if one person doesn't know how to manage trading. If we were about to do trading, we are taking advantage of the volatile situation of the Bitcoin, so your 1$ let's say in just seconds it changed it's value and it turns to $10. We could say that it's just a simply method of buy and sell, but without knowledge, you could still make mistakes without knowing what is your mistake.
I'd be having second thoughts about trading at this point too, at least for Bitcoin. The volatility is so low during some periods that I don't think it would be even worth the hassle. Some altcoins, on the other hand, especially newer ones, are way more unpredictable, which is both a negative and a positive thing, depending on how you look at it.
We usually feel tired because in our mind we already think and assume that the next day, the price of Bitcoin will rise.
This used to be a quite common scenario a few years ago. You'd wake up only to see that your Bitcoin was worth $2,000 more. Now, it's like it has stabilized. I'm positive that this situation will change after the halving.

R


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October 14, 2023, 08:10:31 PM
 #150

We usually feel tired because in our mind we already think and assume that the next day, the price of Bitcoin will rise. We feel tired because we think that we are wasting our time already and much more of we keep checking the price of Bitcoin every day. I've been in that situation and I can really feel how hard to hold and wait when the market declines, we could sometimes think about selling them now.

I hate to say this but waiting is sometimes boring. So I suggest not to think that we are investing in Bitcoin, much better to make ourselves busy with other stuff.
What makes people to get tired in hodling is too much desperation of expecting profit so fast from their investment.  In bitcoin investment the more expect profit from the market and the more you predict the market of when the bull market will take place develop feelings that makes people to get tired of waiting.

  As one has build the mind to always expect profit from bitcoin in a specific time it will always make one to be tired, for anyone to enjoy investing in Bitcoin the best thing that need to be done is to invest and never predict or think when to get profits.

  The only thing people just needs to know is that their will be a time profit will come in every investment.  It is just better to patiently wait till it comes as we all know it will definitely come.

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October 14, 2023, 08:24:39 PM
 #151

We usually feel tired because in our mind we already think and assume that the next day, the price of Bitcoin will rise. We feel tired because we think that we are wasting our time already and much more of we keep checking the price of Bitcoin every day. I've been in that situation and I can really feel how hard to hold and wait when the market declines, we could sometimes think about selling them now.

I hate to say this but waiting is sometimes boring. So I suggest not to think that we are investing in Bitcoin, much better to make ourselves busy with other stuff.
I've been buying Bitcoin for two years now and don't feel any tired about it. This is because I believe that in a bull market I will get a profit on my investment, and I don't care if I have to wait a few more years because I believe that Bitcoin is able to give the profit that I expect to receive. I understand that we have no guarantees that Bitcoin will give us the profit we expect, but I see great prospects in my investment and will wait for the bullrun as long as necessary.
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October 14, 2023, 08:27:35 PM
 #152

It is true the volatility of bitcoin has gone down compared to the previous cycles, however this is bound to get even worse as times goes by and you will have to find a way to deal with this, in a way what you are going through sounds similar to the feelings those that practiced an extreme sport go through once they stop doing that activity, they feel their life to be kind of dull and they miss the old days in which they did all of that crazy stuff, and if I am honest with you there is not much you can do about it, as bitcoin is not going to change its behavior according to our needs and we are the ones that need to make the adjustments instead, however once the bull run starts and you see the profits coming it is likely you will forget about this for a time.

People can make mistakes, as mistakes are related to trading, it is possible sometimes, that due to a small mistake, there can be a huge loss, so it is a common thing. Also, bitcoin volatility is from the very start, but not only bitcoin every coin changes from time to time, it doesn't matter at which time someone has taken entry it will be changed. Analyzing all these things also creates some good vibes in the trading and helps the trader to go on.
As the bitcoin can't change for us we can change our strategies and we can do trading in some other ways so there will be smooth trading. Trading creates a massive impact on a trader if he has much knowledge about the trading.
No matter how tired we might feel now, we need to be very strong and keep holding because there is a high rewards for holders and we don't have to miss such a reward. There are good opportunity in holding and a big rewards for us loading. Those that had been holding before now had been reaping there profits and we don't have to be lose hope and sell our holdings for no benefits. The market is always in a upward and downward pattern and we should not allow that to bring us down or make us to sell our holdings for nothing. There is no profits if we sell our holdings now looking at the nature of the market.









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savetheFORUM
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October 16, 2023, 05:45:43 AM
 #153

How do you cope with waiting?
Honestly, there is no secret ingredient to that. It all boils down to the level of patience one has in general. If you tend to be a very patient person, someone who never complains, is always okay to wait for something to happen no matter how much time it takes, never in a hurry, then you will most probably have no issues with buying and holding your Bitcoins for as long as it can take because as you said, it has already been some time but we are yet to see a sign for the bull run except for the expectation that it will happen soon since the halving event is next year.

However, if you are someone who either has no patience or has a level for it, you will most probably get fed up with waiting and will most definitely start feeling tired after a certain point because you just feel like you are getting anxious and you aren't being able to wait anymore even though you know there is nothing that you can do except accepting the losses if you take a reckless decision.
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October 16, 2023, 05:59:41 AM
 #154

Investing and holding can be profitable in the future, but very few people can hold for long. People almost claim they will last until the bull market, but this time takes about four years. We've seen bitcoin bull markets start every four years, after a long period of time bitcoin reaches highs and then gives investors double profits. Of course, long-term investors who are basically Bitcoin traders are able to Hodl on and never feel tired. But I've seen a lot of people get tired of investing in Bitcoin, and they can't hold it for long, and when the market starts to fluctuate they sell. As Bitcoin grew a lot in 2020/21 and the bull market started, accordingly we will see Bitcoin pumping in 2025.

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October 16, 2023, 11:01:46 AM
 #155

Investing and holding can be profitable in the future, but very few people can hold for long. People almost claim they will last until the bull market, but this time takes about four years. We've seen bitcoin bull markets start every four years, after a long period of time bitcoin reaches highs and then gives investors double profits. Of course, long-term investors who are basically Bitcoin traders are able to Hodl on and never feel tired. But I've seen a lot of people get tired of investing in Bitcoin, and they can't hold it for long, and when the market starts to fluctuate they sell. As Bitcoin grew a lot in 2020/21 and the bull market started, accordingly we will see Bitcoin pumping in 2025.
You're right about this. Unfortunately, only a few percentage of us actually stay and continue holding and we can't blame those who decided to sell as I'm sure they have their own reasons (aside from probably getting tired and impatient). One reason I can think about is how they find themselves in a situation where they need to sell because they need the money for something (most likely an unexpected situation) and so they have no choice but to sell to make up for the money they need. Although it would've been ideal for them to have other sources to have for those types of situations, we're not the ones in their positions to dictate what they should have done. Nevertheless, no matter what, of course, it is still heavily suggested for us to continue holding.

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October 16, 2023, 11:12:15 AM
 #156

The only thing people just needs to know is that their will be a time profit will come in every investment. 
For Bitcoin, that's commonly known and those that have enough experience and have stayed to this market knows that profit will eventually come and we're all aware that it's gonna come as we treat it as an investment.

It is just better to patiently wait till it comes as we all know it will definitely come.
Getting tired is a no-game for those that have been here, those investors that are waiting and have became patient all over these years knew that there's no space for the ones that don't have it.

If you can't wait and endure the long bloody market, better choose another market that's more suitable for you.

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October 16, 2023, 12:47:57 PM
 #157

Investing and holding can be profitable in the future, but very few people can hold for long. People almost claim they will last until the bull market, but this time takes about four years. We've seen bitcoin bull markets start every four years, after a long period of time bitcoin reaches highs and then gives investors double profits. Of course, long-term investors who are basically Bitcoin traders are able to Hodl on and never feel tired. But I've seen a lot of people get tired of investing in Bitcoin, and they can't hold it for long, and when the market starts to fluctuate they sell. As Bitcoin grew a lot in 2020/21 and the bull market started, accordingly we will see Bitcoin pumping in 2025.
You're right about this. Unfortunately, only a few percentage of us actually stay and continue holding and we can't blame those who decided to sell as I'm sure they have their own reasons (aside from probably getting tired and impatient). One reason I can think about is how they find themselves in a situation where they need to sell because they need the money for something (most likely an unexpected situation) and so they have no choice but to sell to make up for the money they need. Although it would've been ideal for them to have other sources to have for those types of situations, we're not the ones in their positions to dictate what they should have done. Nevertheless, no matter what, of course, it is still heavily suggested for us to continue holding.

Additionally, many people are using borrowed money to invest in bitcoin thinking that they can make profits or get rich from bitcoin quickly. So they will also sell their bitcoins when the market is volatile or the bear season lasts. In short, it can be said that people who are impatient and bored with holding bitcoins largely lack knowledge and experience about bitcoin. But that is also the rule of investing, we cannot expect a market where everyone holds and only sells when the price increases. So who will sell bitcoin at a low price for us to buy and who will buy bitcoin at a high price for us?

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October 16, 2023, 02:00:09 PM
 #158

How do you cope with waiting?
Honestly, there is no secret ingredient to that. It all boils down to the level of patience one has in general. If you tend to be a very patient person, someone who never complains, is always okay to wait for something to happen no matter how much time it takes, never in a hurry, then you will most probably have no issues with buying and holding your Bitcoins for as long as it can take because as you said, it has already been some time but we are yet to see a sign for the bull run except for the expectation that it will happen soon since the halving event is next year.

However, if you are someone who either has no patience or has a level for it, you will most probably get fed up with waiting and will most definitely start feeling tired after a certain point because you just feel like you are getting anxious and you aren't being able to wait anymore even though you know there is nothing that you can do except accepting the losses if you take a reckless decision.
Everyone has their own way of managing patience in investing, but it will be very different for those who have a good understanding of what they will invest in waiting for profits and for those who don't have much experience in this field of course they will feel tired of waiting and this really depends to each individual. So it is very important to be able to manage our patience in making investments so that we can get a profit. For those who make rash decisions, I don't think they can understand well what they have done so it is very unlikely that they will get a profit from the investment they make.

Questat
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October 16, 2023, 02:04:36 PM
 #159

.., many people are using borrowed money to invest in bitcoin thinking that they can make profits or get rich from bitcoin quickly. So they will also sell their bitcoins when the market is volatile or the bear season lasts. In short, it can be said that people who are impatient and bored with holding bitcoins largely lack knowledge and experience about bitcoin. But that is also the rule of investing, we cannot expect a market where everyone holds and only sells when the price increases. So who will sell bitcoin at a low price for us to buy and who will buy bitcoin at a high price for us?
It is a big mistake...I understand their courage to invest in Bitcoin but that is not the right way as we can't assure that the next day we can earn a profit already. So, what next to happen is that they will sell them in order to pay their debt.
Waiting is not a simple thing to do, not all can do that really. As I observed, those people who solely rely on Bitcoin seem to be the ones who can't make it.
Of course, I feel tired as well so I am selling some. Maybe it was wrong but for me, it was the best thing to do rather than making myself stressed.  

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October 16, 2023, 02:41:44 PM
 #160

~Snip
How do you cope with waiting?
Feeling tired of waiting for something is like waiting for the price of bitcoin to rise. It is certain that most bitcoin investors have felt bored with this. But in my personal opinion, feeling bored waiting for Bitcoin prices to rise is normal. Because waiting means there is definitely a possibility of getting bored. So this is where we as bitcoin investors will be tested. Do you have to continue to survive and be strong in holding bitcoin until the desired price, or sell it at any profit. Therefore, when investing in bitcoin, it is highly recommended to use cold hard capital. Actually, this is all because it is useful for reducing boredom while waiting for the price of bitcoin to rise. Because if you use cold money to invest in Bitcoin, your mentality will be calmer and more controlled. In contrast to using hot capital, it will definitely trigger more mental and inner unrest.

So in my personal opinion, to reduce boredom or impatience when waiting for the price of bitcoin to rise, that is by using capital with cold money when investing. Apart from that, other income is needed while waiting for the desired bitcoin price to be reached. Because investments definitely take a long time to gain profits, including bitcoin investments. Therefore, other income is really needed here so that life and finances are more normal. And finally, my advice is not to remember your Bitcoin investments too often and not to look at market prices too often. Just look at the market at least once a month. Because from my personal experience, to be honest, if you watch the market often it will affect your psychology and will ultimately cause feelings of anxiety, fear and boredom.

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