I feel uncomfortable if I don’t buy - page 2.

Fatunad

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Quote from: ?? on ??

its a nice strategy if you can wait, not minding how long it will take. buying is best done at different levels of dip. it now depends on how long you are willing to wait. when i draw my chart, i pick different buying levels of buying. i buy when it gets there or closer. i dont feel pushed to buy with emotions, i research, analyze and conclude to buy and wait to take profits.

Never attached emotions when it comes to investing even if you do already have lack of funds then theres nothing you can do it and since you are aware on how things works then you would
really be ending up on waiting up for a very long time specially on how deep we had go down which means you didnt have the chance when bitcoin hit up 28k and for sure that point
was the most worth for you to get in since the price had already recovered but since its already approaching 60k then those steps that had been done will might be effective
but of course you would felt it when we past 60k.

TelolettOm

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Waiting for more dip to buy again Bitcoin, nice step. You may wait for a little moment again until it will be bearish, but hopefully not so soon. Let the price of Bitcoin goes higher at this time, let us enjoy this bullish run Cheesy

However, buying little by little to get many more bitcoins is a good strategy moreover if we are aiming for a long-term investment. Step by step, that's it.

I am not a longterm investor, but I think I will also get myself into it next bearish season.

Woodie

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Quote from: Paisleyvn on June 24, 2021, 02:03:23 AM

I started putting 1k into Bitcoin every time it drops by 5k since 60k.

Never seen this strategy but I like it, it leaves some room for the market to recover in that $5k price range and can easily breakeven. I just wish I didn't sell my early crypto holdings when price was super low because that opportunity will never come back again.

Quote

And I ran out of funds a little while ago.

Hey mate this shows how much you believe in bitcoin but invest in it as one with high risk and you don't mind losing because these markets get to be volatile and unpredictable on how the market will behave.

freedomgo

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Quote from: ranaprime on September 05, 2021, 11:49:21 AM

We know industry is the key to success but in crypto currency patience is the only key to success. If you don’t buy the dip then nothing to worry you just need to wait. Crypto currency market is volatile so you will get the chance again no doubt. In the concern of bitcoin I just fell that any buy price is not the fact because I know that if I hold it then I will get my expected price again to sell.

You don't have to feel uncomfortable and nervous OP because there are still more dips along the way and probably lower than the previous dips. Yes, crypto is highly volatile so the price will just between its dip and its peak. For now, start saving a good amount of money so that if opportunity knocks again, you will be able to grab it already.

I have been in a situation like this but i learn how to take things positively. Since i'm motivated to earn, i learned how to be more patient and wait for the right timing again. After all, i only invest on the amount i can afford to lose.

ranaprime

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We know industry is the key to success but in crypto currency patience is the only key to success. If you don’t buy the dip then nothing to worry you just need to wait. Crypto currency market is volatile so you will get the chance again no doubt. In the concern of bitcoin I just fell that any buy price is not the fact because I know that if I hold it then I will get my expected price again to sell.

anil07

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holding is the must on crypto world . If you not have passions you always on lose. in the future bitcoin market goes up and you get profit on it.
any market depend on sell or purchase if you buy bitcoin you can hold still market not goes up....

James Watson

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Don't invest because of falling prices or emotions that will increase your life pressure. This will make you a complete failure. Take on the investment that you can afford. Don't just look at the present, look to the future, and keep your attitude normal.

Dax Robinson

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My investment concept is to use spare money to invest to ensure that my daily expenses will not be burdened. I will not do things beyond the scope of my ability. When investing, I must control my own assets. Only you know your ability best. In the field of encryption, not only your investment amount, but also your emotions and psychology are also very important factors.

yazher

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Quote from: Lubang Bawah on August 31, 2021, 02:11:14 AM

Quote from: swiftbits on August 30, 2021, 11:40:29 AM

Good for you. you are doing great at investing, consistent savings would give you a great profit in return.
Just consider your buying habit as your consistent savings commitment, not because you are worried that you are missing out on something.

True, this is similar to investing in mutual funds that we save regularly for 10 or 20 years then the value increases to 10x if we are patient, this is a good thing and I think we deserve to follow, successful people like this will smile because they get big profits.

If people really know how to consider the high chance of getting high profit from this investment, they won't hesitate on investing given that if they don't care about it for several years. The only problem about those people is their lack of patience where they cannot leave their money for a long period. Only a few are those who sacrificed their assets and they hold it until the price was insanely increased. Look at them right now, they most likely don't need to work because they can sustain themselves with the current money they have and it's all result of holding a big amount of BTC or any other altcoins.

StanleyBoyle

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What you worry about will control you

Quote from: Paisleyvn on June 24, 2021, 02:03:23 AM

I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

It will be uncomfortable for a while if you buy it, but it will always be uncomfortable if you don’t buy it. I think there is always this mentality in every transaction.
But now that the frequency of trading has been adjusted, I will still focus on long bitcoin, because the general trend continues to rise.
Need to take a long-term view of current transactions
The most learned lesson from trading for 3 years is that buying bitcoins all the time and holding them will increase the value faster than frequent transactions.

ilovealtcoins

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Bitcoin is a Stock to Flow currency so it will move up so don't worry too much about your choice. You must have enough money to buy Bitcoin continuously or not. I know many people who bought Bitcoin regularly during the downtrend from 2018 to 2020 and they got rich.

worldofcoins

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It's better if you put in a small amount regularly, try to cut off money from your spending sources such as cigarettes if you smoke or some other useless source that doesn't serve you.
I believe there was a thread of a user who stopped smoking and put around 30$ /week into bitcoin and they're over 0.005 BTC now.

The best thing about it is you'll be paying the average of bitcoin at the moment.

Yamifoud

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Quote from: Pulsar77 on August 31, 2021, 06:07:40 PM

Quote from: Paisleyvn on June 24, 2021, 02:03:23 AM

I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

This is like an addiction you have and it is not good for your finance. Because of this addiction, you can lose a lot of money and it could affect you very deeply. I mean that you can enter a very bad psychological condition for example. It is not good to get accustomed to investing into a coin too many times. It hinders you from making healthy decisions considering your investments.

This is a need to change like this it brings OP to a sad end.
I'd like the idea to buy every dip but that is something different when we force ourselves to do that even we already have out of funds. To say that we keep track of our investment and we also are aware of our spending habits like in investing not all are resulting in good, some time is a failure. Better to know some limitations and we have to clearly understand that not all opportunities are meant to acquire.

Pulsar77

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Quote from: Paisleyvn on June 24, 2021, 02:03:23 AM

I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

This is like an addiction you have and it is not good for your finance. Because of this addiction, you can lose a lot of money and it could affect you very deeply. I mean that you can enter a very bad psychological condition for example. It is not good to get accustomed to investing into a coin too many times. It hinders you from making healthy decisions considering your investments.

Mahanton

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Quote from: ReiMomo on August 31, 2021, 02:15:32 PM

Yes man. Its with almost all the traders here. When the price of Bitcoin or any other best crypto currencies go down and the traders are used to buy them and see no funds, yes really feel sad and bad of not having funds. I really appreciate you for investing as much as you can whenever its possible. However, we might not get things at the right time always. So its good to even slow down and watch things move.

You are not alone but a lot of investors and traders here have been waiting for a dip because its an opportunity to buy another coin in a bargain. But unfortunately, they also don't have enough funds when the time comes so they miss another opportunity. So you see, you don't have to feel that way OP because there might be another dip in the days to come and by that time you already have enough funds to buy.

Just invest when you have extra money for investments. Crypto is not going to fall yet so you still have a lot of chances to seize the incoming opportunities. For now, enjoy what you have and stay positive so you can attract more profits on your current investment.

There are indeed lots of opportunities for you to get in, it is just really mattering on someones financial capacity on doing so because not all really have that kind of thing and this is why they do really
end up on regretting on missing out some obvious opportunities for them to get in when they do saw that the price is declining not only limited to bitcoin itself but also in other altcoins as well.
Just invest on the amount that you could afford to lose and you should be fine.If you do feel uncomfortable then it is somethings personal situation where it isnt really that surprising
that they are bit attached with crypto investments thats why they do really have that kind of behavior.

ReiMomo

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Yes man. Its with almost all the traders here. When the price of Bitcoin or any other best crypto currencies go down and the traders are used to buy them and see no funds, yes really feel sad and bad of not having funds. I really appreciate you for investing as much as you can whenever its possible. However, we might not get things at the right time always. So its good to even slow down and watch things move.

Kimonoe

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Waiting is really part of our crypto lives if you are good at waiting and a patient person then crypto would suit to you, there are so many times that I missed buying bitcoin when its price is cheap especially the month of march I think when the price of bitcoin fell down to $3900, I really want to buy that time but unfortunately I don't have money to buy more because that time is the time when I just got started exploring cryptocurrency and there is only few income that I gain in cryptocurrency and besides I am still a student that time. I missed to buy buy thankfully I was able to do it when its price went to $20k.

I think it's never too late to buy bitcoin, whenever we have free money to invest. many of the many people who are afraid to buy bitcoin when the price is low they are still hesitant to buy for fear the price will go down again. but as long as we are patient then one day we will enjoy the results we have dreamed of. Therefore, instead of saving in a bank, it is certainly more profitable to invest in bitcoin

BeManga

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Quote from: Paisleyvn on June 24, 2021, 02:03:23 AM

I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

you already doing good using your strategy
bitcoin is a good investment but you must have at least some funds for yourself while waiting
do not put everything because someday you might get forced to sell when you need some funds

Lubang Bawah

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Quote from: swiftbits on August 30, 2021, 11:40:29 AM

Good for you. you are doing great at investing, consistent savings would give you a great profit in return.
Just consider your buying habit as your consistent savings commitment, not because you are worried that you are missing out on something.

True, this is similar to investing in mutual funds that we save regularly for 10 or 20 years then the value increases to 10x if we are patient, this is a good thing and I think we deserve to follow, successful people like this will smile because they get big profits.

nhaila

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Of course, if you can't invest when the price is low, it seems very sad to you. However, I have invested in Bitcoin and held it for a long time. So far in my bitcoin investment There is a $3000 profit so far. However, I adhere to the policy of understanding the bitcoin bush.

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