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Topic: Do you ever feel tired of waiting? (Read 1204 times)

hero member
Activity: 896
Merit: 653
November 22, 2023, 09:48:26 AM
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So they have to wait for the bull time to come even if it is 6 years.
If it is related to bullrun, it is 4 years cycle. We don't need to wait for 6 years.
What if history doesn't repeat itself and bear season lasts longer?
In such scenario, the best thing to do is just have a target amount and hold your Bitcoin to that target amount before selling. Because just as the two speakers said, there is always a high tendency of price of Bitcoin doing much better after every 4yrs or probably the 5th year.

Quote
Loss of patience, panic selling...all because of lack of knowledge, if an investor has enough knowledge, they will know how the market operates and will have a specific investment and holding strategy.
But do you know that a person can still yet have all the knowledge about Bitcoin, and how its market operate, and  yet due to lack of proper money management still go ahead sell his or her coin when it's not yet time to sell, simply because he is in an urgent need of money, and as such never kept extra money for emergency & daily use while investing in Bitcoin, knowing fully well that long term is always the best way to make huge profit of a Bitcoin investment.
member
Activity: 463
Merit: 11
Chainjoes.com
November 22, 2023, 08:19:08 AM
For beginners 2-3 months if so long for them, but for some of us here for long time 2-3 months is just 5 days. If you are investing for long term, you'll need a tons of patience. Long term investment is not for soft hearted, you will need to take the risk and accept the consequence for taking it so long. Also, don't be bother in the price in the market just aim for your target price before you sell it. Don't panic sell if you see the market is dumping, just hold and wait. That is the advice I am giving to anyone who wants to do the long term investing.
jr. member
Activity: 55
Merit: 5
November 22, 2023, 07:50:06 AM
I think this is a normal feeling, because it takes a very long time, and people are by nature very impatient. I also get tired of waiting, so I try to just distract myself with something else huh
full member
Activity: 644
Merit: 152
★Bitvest.io★ Play Plinko or Invest!
November 22, 2023, 06:53:35 AM
i never feel tired when investing in bitcoin because my investment is not in the short term but in the long term. especially if we only focus on our investments, i think we will tend to be impatient and want to make profits quickly. investing in bitcoin should require patience and don't rush. it's better for me to do other activities, whether gambling, gaming, working and studying, rather than just paying attention to the market constantly which in the end will only make my mind burdened.
member
Activity: 396
Merit: 30
November 22, 2023, 06:40:11 AM
There is ups and down, humping and dumping and profit and loss inbitcoin business. There is great fluctuation in this business of crypto. This up and down sometimes bring our position down in loss. So there is great waiting until restoring of its previous position of bitcoin. This is very critical &  position. And this waiting period is very tiring, boring and have a fatigue but this all is a part of this business.
In this condition, We should finding some solution of this matter or you should spare some investment to invest and to keep yourself busy. for regarding your Engagement in some positive activity of business your difficult time may spend easy.
sr. member
Activity: 1036
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
November 21, 2023, 05:42:24 AM
Bitcoin holders or investors should not lose patience and wait until they are pumped into the market. It is not possible to tell clearly when the Bitcoin market will pump or when it will dump. But the next Bitcoin halving is supposed to be a Bitcoin bullrun in the year after. Those who are fundamentally good investors must never lose patience with investing in the market but must be patient to be the next bull run.
It is correct that investing in bitcoin will hold up if the person is tired then he will never be able to earn profit through investment. Crypto market is not fixed in one place and it always goes up and down so it is very difficult to understand its movement. Those who are good investors always wait for a long time even if the market goes down it does not affect them because they know all the market tricks and wait until the price goes up. It is important to set a clear profit target and consider many factors while choosing the right stop loss level. Bitcoin investment is sustainable and gives good profit in long term.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
November 21, 2023, 04:34:21 AM
Everyone is different and everyone has a different concept and perception of time: some people get tired if they don't make money in a few months, others are willing to wait 10-20 years. At the end, just like Warren Buffett says, it's all about patience. Maybe you are lucky because you buy at the bottom and ater just a couple of years there is a new bull run, who knows...

In modern society, people are accustomed to making a profit every month, but this is the mindset of a worker who goes to work and receives a salary, in order to get rid of this, you need to change your mindset. Investors can wait as long as necessary, but in most cases this should be within reason, for now the global cycles of the crypto market (4-5 years) allow them to accumulate positions and make a profit during this period, perhaps in the future these cycles will become longer, but for now it happens like this.
full member
Activity: 420
Merit: 140
November 21, 2023, 04:08:04 AM
These are indeed challenging times for the cryptocurrency market. After the explosive growth earlier this year, it has mostly been trading sideways or experiencing slow declines. This situation can be tough for both Bitcoin and Altcoin holders. However, it's important to recognize that this phase of consolidation is necessary for the next cycle.

If you have a strong mindset and can withstand the market's fluctuations, consider accumulating Bitcoin at these lower prices. The rewards in the future may be well worth it. The path to success is rarely straightforward, and major players in the market understand this. They deliberately spread fear, uncertainty, and doubt (FUD) to create doubt and encourage selling when prices are high. This allows them to accumulate more Bitcoin at lower prices.

To stay focused on your long-term goals, try not to obsessively check the charts daily. Instead, concentrate on other aspects of your life and avoid getting deceived by market noise. If you believe in the long-term potential of cryptocurrencies, this period of accumulation can be a valuable opportunity.


copper member
Activity: 1722
Merit: 1004
Campaign Management & Translation Service
October 22, 2023, 03:22:22 PM
I agree, we are getting exhausted of waiting and Im not to confident in the strenght of the next bull run either.

The reason why most people are exausted ot waiting because they all bought coins at high price when market is at all time high price. Now market is at its lowest price now we have to wait at least 1-2 months, in 2024 market will again start growing.
newbie
Activity: 11
Merit: 0
October 22, 2023, 08:54:28 AM
I agree, we are getting exhausted of waiting and Im not to confident in the strenght of the next bull run either.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
October 21, 2023, 06:34:49 AM
Bitcoin holders or investors should not lose patience and wait until they are pumped into the market. It is not possible to tell clearly when the Bitcoin market will pump or when it will dump. But the next Bitcoin halving is supposed to be a Bitcoin bullrun in the year after. Those who are fundamentally good investors must never lose patience with investing in the market but must be patient to be the next bull run.



Well, you are just saying what the topic creators say. You say we will never know when bitcoin will rise, but you've mentioned "Bitcoin bullrun in the year after", How will you be so sure? Not all bitcoin investors have the luxury of holding while waiting for the bull run. Remember, not all holders are fortunate like the others; they invest in bitcoin to earn, so I feel what the topic creator feels. If everyone says, "Just to be patient," then how will we be so sure that you also apply that? My advice is that instead of only putting all your assets on hold, why not get a small portion and invest it in something that could generate income, like trading or any other means? We have this forum wherein you can read and find opportunities from different people, so instead of getting frustrated waiting for bitcoin, go invest in other things.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
October 21, 2023, 06:32:50 AM
Bitcoin holders or investors should not lose patience and wait until they are pumped into the market. It is not possible to tell clearly when the Bitcoin market will pump or when it will dump. But the next Bitcoin halving is supposed to be a Bitcoin bullrun in the year after. Those who are fundamentally good investors must never lose patience with investing in the market but must be patient to be the next bull run.
There is nothing like; next bitcoin halving is supposed to be a bull run, it hasn't and wasn't written anywhere and stamped that there will always be a bull run every four years during bitcoin halving, the fact that this have been happening in the past years does not mean it will continue to happen for it is not a market law, so, there is absolutely no guarantee that there will be a bull run in the coming halving, everyone saying there will be a bull run are only speculating, guessing, there is absolutely no assurance here.

So it is very important we realize this and make adequate preparation that just in case it ends up not happening, we won't feel any bad, but when it does happen, it doesn't come to an end without us already holding unto some really good profit .
full member
Activity: 322
Merit: 124
October 21, 2023, 06:21:31 AM
Bitcoin holders or investors should not lose patience and wait until they are pumped into the market. It is not possible to tell clearly when the Bitcoin market will pump or when it will dump. But the next Bitcoin halving is supposed to be a Bitcoin bullrun in the year after. Those who are fundamentally good investors must never lose patience with investing in the market but must be patient to be the next bull run.
sr. member
Activity: 476
Merit: 254
October 21, 2023, 06:18:01 AM
Investing in bitcoins takes perseverance to finish a four-year cycle. It is essential to build up a sizable bitcoin portfolio to prevent panic and rash judgments. The amount of money you make during a bull run depends on the size of your portfolio. Waiting for a volatile asset like bitcoin is worthwhile, and stockpiling more now while the price is low will help you be satisfied with your profit when the bull run comes. Like bitcoin, life requires patience. Therefore, it is crucial to exercise patience when making investments in bitcoin.
It is everyone's dream to become rich, but we all need to know that no one gets rich instantly, either in the investment or business world (commerce). Yes, many people are impatient when waiting for their investment, usually this habit is for people who are just starting out in investing, and are afraid of losing their money. It's true that you said Bitcoin has a four-year bull and bear cycle. If people already understand this investment, you should add as much to your portfolio as you can. Many rich people accumulate these assets. Many have succeeded and become rich from bitcoin. It is the extra patience or emotion within them that determines their success.
hero member
Activity: 1694
Merit: 516
October 21, 2023, 04:51:20 AM
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 not sure if I understand this correctly, all the people are waiting for the next ATH to take profits and become rich? To me this not a good mindset, because you put so much pressure on bitcoin to reach a certain price and there is no guarantee it's really going to happen. It would be nice for Bitcoin to reach a new ATH soon, but would this really change much? If all the people are only waiting for Bitcoin to get above 60,000 USD again so they can take profit, who is actually going to buy up all the coins dumped into the market? The selling pressure would quickly move prices down again. At the moment it doesn't seem realistic to have such a high bitcoin price, the economic situation in most countries is not great and there is a lot of uncertainty about the future with all the wars going on. People are reluctant to invest large amounts of money and rather keep sticking to a savings account. With interest rates rising sharply this year banks are competing aggressively for saving deposits. So, I am not really waiting for Bitcoin to make a big move this year. I try to stay realistic and be happy about even the small gains, a price around the 30,000 USD doesn't seem so bad for the current situation.
hero member
Activity: 1218
Merit: 556
Leading Crypto Sports Betting & Casino Platform
October 21, 2023, 03:09:13 AM
Not really, I have other stuff to do so waiting is like a normal thing for me especially in trading and investment scene. I have a kraken wallet with Bitcoin in there and pretty sure I was planning to hold it until few years later and at that point I totally forgot about that account lol.
Until recently I went back to check my savings on Kraken and got greeted by a huge amount of profit because of just that forgotten account.

If I keep waiting and wait until I reach X profit then I would probably be bored and has an urge to withdraw some when the time calls it, but with the trick of just forget about it if you are really into hold term investment while keeping your credentials safe then it's way better for me to do, people would have different opinion regarding this though.
We'll have to keep waiting for as long as the market recovers. The patient ones will always benefits from the market. Those that can not endure the time it will take for Bitcoin price to come back to it previous bull price can continue to sell there holdings and those that have funds to buy will keep accumulating there Bitcoin. We only make good profits from the market when we can wait for the price to recover. We can't be waiting and be complaining at the same time, this can make other people that have no concrete idea about the market to sell there holdings in loses.

If you have an exact amount when you will sell the bitcoin or other cryptocurrencies you hold, I think you will not feel tired of waiting. Especially if you are a long-term holder. All we have to do is wait. Will we get tired? The only enemy of waiting is that you feel impatient.

Then one more thing: if you are determined in what you are doing, that means be prepared for what you can face. We will be really tired in situations that we do not expect. The difficult thing is that if we feel tired, we will give up immediately. It's not good to see when that happens, because who loses then, aren't we?
Its interesting to see how people struggle with patience, especially in a volatile field like bitcoin. Your point that having a clear exit plan and an exact amount in mind can make the waiting game less stressful is right on the mark. But let us look into this more. Not only for the possible profits, but also as a psychological anchor, setting that exact goal is important. When there is even a little doubt, dont anger and tiredness turn against us? People dont want to play when the rules arent clear.

Making up your mind is useless without being ready. People always say to expect the unexpected. But when it comes to coins, strange things happen all the time, right? How many times have we seen people who werent ready have their plans ruined? And being tired isnt just a state of mind or body; it also means losing determination, drive, and desire. Yes, giving up is a choice, but isnt it one that comes with a lot of guilt?
member
Activity: 322
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Be Happy ☺️
October 21, 2023, 02:04:43 AM
Yes sometimes it's feel tired but nothing to do. Beacose in bitcointalk most are Bitcoin holders and the main source of income from Bitcointalk is signature campings. Those people who are in signature campings they went to earn Bitcoin and their earnings expectations is high. We all went to increase our money and the best way to get more money is Bitcoin. We invest in Bitcoin and we all hold it for good profits. But many invest in Bitcoin in the bull run of Bitcoin and gan good profits in a quite short time. But we all know the holders of Bitcoin have to wait for a long time for good profits. You can see those holder who have invested in Bitcoin in 2010,2011,2012 etc etc. Those who hold their Bitcoin the have a lot of profits in now days. They don't and to do anythings for leaving. Bitcoin holding makes their life golden. We all know if a Bitcoin holder don't have pacint he will never make profits in Bitcoin.
legendary
Activity: 2380
Merit: 2369
October 20, 2023, 11:26:38 PM
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?
Everyone is different and everyone has a different concept and perception of time: some people get tired if they don't make money in a few months, others are willing to wait 10-20 years. At the end, just like Warren Buffett says, it's all about patience. Maybe you are lucky because you buy at the bottom and ater just a couple of years there is a new bull run, who knows...
sr. member
Activity: 1316
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
October 20, 2023, 06:42:23 PM
Not really, I have other stuff to do so waiting is like a normal thing for me especially in trading and investment scene. I have a kraken wallet with Bitcoin in there and pretty sure I was planning to hold it until few years later and at that point I totally forgot about that account lol.
Until recently I went back to check my savings on Kraken and got greeted by a huge amount of profit because of just that forgotten account.

If I keep waiting and wait until I reach X profit then I would probably be bored and has an urge to withdraw some when the time calls it, but with the trick of just forget about it if you are really into hold term investment while keeping your credentials safe then it's way better for me to do, people would have different opinion regarding this though.
We'll have to keep waiting for as long as the market recovers. The patient ones will always benefits from the market. Those that can not endure the time it will take for Bitcoin price to come back to it previous bull price can continue to sell there holdings and those that have funds to buy will keep accumulating there Bitcoin. We only make good profits from the market when we can wait for the price to recover. We can't be waiting and be complaining at the same time, this can make other people that have no concrete idea about the market to sell there holdings in loses.

If you have an exact amount when you will sell the bitcoin or other cryptocurrencies you hold, I think you will not feel tired of waiting. Especially if you are a long-term holder. All we have to do is wait. Will we get tired? The only enemy of waiting is that you feel impatient.

Then one more thing: if you are determined in what you are doing, that means be prepared for what you can face. We will be really tired in situations that we do not expect. The difficult thing is that if we feel tired, we will give up immediately. It's not good to see when that happens, because who loses then, aren't we?
sr. member
Activity: 1358
Merit: 268
Graphic & Motion Designer
October 20, 2023, 05:57:23 PM
Not really, I have other stuff to do so waiting is like a normal thing for me especially in trading and investment scene. I have a kraken wallet with Bitcoin in there and pretty sure I was planning to hold it until few years later and at that point I totally forgot about that account lol.
Until recently I went back to check my savings on Kraken and got greeted by a huge amount of profit because of just that forgotten account.

If I keep waiting and wait until I reach X profit then I would probably be bored and has an urge to withdraw some when the time calls it, but with the trick of just forget about it if you are really into hold term investment while keeping your credentials safe then it's way better for me to do, people would have different opinion regarding this though.

Yes, thats what I feel too and I think most of us who are hodling the Bitcoin is never waiting, not like we are checking the value of our Bitcoin like every minutes or everyday anxiously. I just buy bitcoin put it in my wallet and left it there, I only check my portfolio if there is a huge price movement, to check how much have I lost or gain in percentage. I still check frequently check Bitcoin price tho, but if there is no significant price movement I wouldn't check my portfolio.
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