Topic: Do you ever feel tired of waiting? - page 6. (Read 1534 times)

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

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.

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.

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.

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.

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.

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.

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.

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.

 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.

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.

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.

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

That is not enough.

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.

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.

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.
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.
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.

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.

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 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.

We all know about the 4-year cycle and the halving event, and things are not about to happen yet, I don't see anything that makes us tired. We will feel tired if the halving has been going on for a long time and history does not repeat itself then there is nothing wrong with us starting to feel tired. But to say that if it's bitcoin you won't regret it and the altcoins you'll have to think twice about is not entirely true because they are all your choice. But like I said, if things haven't happened yet, there's no reason to be tired or think again. If bitcoin is rising but altcoins are not, it's time to think again, but for now, bull season isn't here yet.

That's it, our faith will just make us stronger and will hold us. Because many are giving up and tired of waiting, you should also be tired of not taking the right time to sell.

Not until you are totally giving up, you are not liking what's happening anymore because of the bad news, the FUD.
But don't let yourself be discouraged by those as they're all distractions for you to sell your BTCs to the whales as they'll take those cheaply.