Topic: Mental barrier stops from buying BTC - page 2. (Read 3769 times)
I have the same problem, i always think that its too high to buy bitcoin right now. But the damn thing just keeps getting higher. I think last month when it got to 3k usd i still thought it was too high, but that was the perfect time to buy apparently.
I think mental barriers and negative thoughts about Bitcoins appear when people have read too many articles related to the predictions and negative thoughts about Bitcoin in the future. I respect your predictions but I do not encourage it to appear in the forum because it makes people nervous and market turbulent.
To me i think that at 6000$ we can expect a mental barrier. Actually $6000 is a high level to achieve, therefore i think that the price of bitcoin will take some good time here at 6000$ level, and then will take a next jump. I think that at the end of 2017 we expect about the price of bitcoin to reach to 8000 very smoothly, I think some people are even holding bitcoin for that price. 
if you are currently still waiting for bitcoin prices to go down may take a very long time because never predicted before bitcoin able to show the best quality in Compare with other types of coins. I suggest that you already have a large capital buy directly bitcoin because you must be just waiting it takes about 1 to 2 weeks to re-sell at the highest price.
I think mental barriers and negative thoughts about Bitcoins appear when people have read too many articles related to the predictions and negative thoughts about Bitcoin in the future. I respect your predictions but I do not encourage it to appear in the forum because it makes people nervous and market turbulent.
With something like bitcoins, which is extremely unpredictable, and extremely volatile, we often get scared to invest in. We are always skeptic about whether the price will fall as soon as i invest, or will i loose all my money and all those questions. In this case we should only invest the extra cash if we have any. We should never invest an amount which we cannot afford loosing. You may have saved some money, which is any ways staying ideal. Use those here to invest so that even if by chance u lose them it wont be big of a shock. Well, prices are mostly expected to rise so its generally a profitable deal.
It's completely normal. People need time to get accustomed with the prices. Do you think $1000 for a BTC is a lot? Would you pay it now or say it's too much? For many years $1000 was that mental barrier and people were dreaming of cashing out at $1000 and saying that nobody would buy above that price.
Just wait and if the price doesn't fall below $3000 until the end of the year people will start treating it like something normal and consider everything below it as a low price.
Just wait and if the price doesn't fall below $3000 until the end of the year people will start treating it like something normal and consider everything below it as a low price.
they want to wait for the time when bitcoin will drop huge value.. so that they can buy plenty but they dont realize that bitcoin is keep increasing to the point that every month it increase by 1000$ value. and now as of the moment bitcoin is 6100$ .. i dont think bitcoin will drop down to 4000$ level. end of the year we will see bitcoin in the 9000$ level. so hodl your bitcoin and altcoins .. altcoins will increase 20 folds aswell
soon plenty people realize that its too late to invest to bitcoin because its too damn expensive. they will regret not investing early in bitcoin. they closed there mindset because plenty people saying that bitcoin is a fraud. people saying that bitcoin is a fraud is dont know how to accept change.That's why they are really afraid to get it, they keep on waiting and it the value didn't drop to their desire, they won't be buying it. Then its become more of a mental barrier for them now to get bitcoin and they haven't notice until some time that the price of bitcoin is going higher and higher to the point that they cannot afford it anymore, thus the fear is getting stronger.
Well you will just have to convince yourself that Bitcoin will rise in the long-term. Look at graphs of Bitcoin’s price rise. Observe even if you want for ours that long-term positive bullish trend that is a defining characteristic of Bitcoin. Imprint it in your mind and you will want Bitcoin immediately. Also another method would be to look at the major price falls and then compare it will the major price gains. The price gains are always higher. And see how Bitcoin rose to never before seen heights even after a major fall. This will hopefully stop you from doubting the potential of Bitcoin. I personally do not doubt the potential of Bitcoin and I hope you train yourself not to either.
Bitcoin is for long term hold IMHO, if you look it at short term not only you will not get a huge margin of profit but you will not have the guts to buy it whatever the price will be. Your mind has been somewhat imprinted that bitcoin will not get the profits you want short term and might as well go to other source like altcoins.
It's completely normal. People need time to get accustomed with the prices. Do you think $1000 for a BTC is a lot? Would you pay it now or say it's too much? For many years $1000 was that mental barrier and people were dreaming of cashing out at $1000 and saying that nobody would buy above that price.
Just wait and if the price doesn't fall below $3000 until the end of the year people will start treating it like something normal and consider everything below it as a low price.
Just wait and if the price doesn't fall below $3000 until the end of the year people will start treating it like something normal and consider everything below it as a low price.
they want to wait for the time when bitcoin will drop huge value.. so that they can buy plenty but they dont realize that bitcoin is keep increasing to the point that every month it increase by 1000$ value. and now as of the moment bitcoin is 6100$ .. i dont think bitcoin will drop down to 4000$ level. end of the year we will see bitcoin in the 9000$ level. so hodl your bitcoin and altcoins .. altcoins will increase 20 folds aswell
soon plenty people realize that its too late to invest to bitcoin because its too damn expensive. they will regret not investing early in bitcoin. they closed there mindset because plenty people saying that bitcoin is a fraud. people saying that bitcoin is a fraud is dont know how to accept change. 
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
Yeah I had the same problem,when price was around 1000 dollars.
There were like to 'camps' of people,ones who advocated the opinion that it's the all time high and that the price will just be falling further on.
It was actually true until price started reaching all time high again this year,but I still thought it won't go over 2000$.
The other group of people were stating that was just the beginning,and the price could reach more than 10,000$.
Initially I was more sceptical,but now that I've seen price just tearing down 3k,4k and then 5k barriers,now I'm convinced there's nothing to stop bitcoin price from rising in future.
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
i know that felling, but thanks to it i get more constructive, i mean i try to ignore what ever feelings i have because you cant be on the market based on your feelings. And however the transaction go, as long as the result is positive i am i a good mood. 
In fact, some people have a psychological barrier all their life prevents them from starting to engage in something serious, which will allow them to get a good profit.
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
Yeah I had the same problem,when price was around 1000 dollars.
There were like to 'camps' of people,ones who advocated the opinion that it's the all time high and that the price will just be falling further on.
It was actually true until price started reaching all time high again this year,but I still thought it won't go over 2000$.
The other group of people were stating that was just the beginning,and the price could reach more than 10,000$.
Initially I was more sceptical,but now that I've seen price just tearing down 3k,4k and then 5k barriers,now I'm convinced there's nothing to stop bitcoin price from rising in future.
I think there are a lot of people with same problems, including me.
Development, adoption and price of all cryptos will grow faster and faster every day. It's all about money and money concerns everyone. IMO there is a lot of smart investors, with pockets full of money (FIAT), which are waiting for the price to drop so they can buy. So I buy some BTC every month regardless the price.
Development, adoption and price of all cryptos will grow faster and faster every day. It's all about money and money concerns everyone. IMO there is a lot of smart investors, with pockets full of money (FIAT), which are waiting for the price to drop so they can buy. So I buy some BTC every month regardless the price.
surely everyone has problems like this. depending on how attitudes of each individual, will the problem train mentally and become a lesson for the future or even lower the mental to purchase BTC
i think everyone has their way of deciding what is right or wrong .. what is good and bad .. the thing is many people around the world is so hard for them to change their mindset or open their mind to the change. bitcoin is the change and the new market to make plenty money. the barrier of people to buy bitcoin is accepting the change that bitcoin bring. and we know in our lives that change is inevitable so you need to adjust to the society. we need flexibility so that we can survive and become successful in our lives.
That is what i always feel when i don't have bitcoin but i want to buy some. It stops me from buying a lot of bitcoins because it makes me think that bitcoin is not a stable currency and it will fall after a pump because that is the nature of being volatile and i deal with it by just thinking that if i want to be safe then i need to put it on long term just to make sure that i am not going to lose any of my fiat investment.
Think positively and invest in bitcoin as much as you can because upcoming era will be of bitcoin and everyone will use bitcoin and at that time prices will be at top and there will be difficult to afford such prices, it will give you benefits in future and will allow you to secure god profit and also to raise living standards as well so without hesitation invest.
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
Yeah I had the same problem,when price was around 1000 dollars.
There were like to 'camps' of people,ones who advocated the opinion that it's the all time high and that the price will just be falling further on.
It was actually true until price started reaching all time high again this year,but I still thought it won't go over 2000$.
The other group of people were stating that was just the beginning,and the price could reach more than 10,000$.
Initially I was more sceptical,but now that I've seen price just tearing down 3k,4k and then 5k barriers,now I'm convinced there's nothing to stop bitcoin price from rising in future.
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
Yeah I had the same problem,when price was around 1000 dollars.
There were like to 'camps' of people,ones who advocated the opinion that it's the all time high and that the price will just be falling further on.
It was actually true until price started reaching all time high again this year,but I still thought it won't go over 2000$.
The other group of people were stating that was just the beginning,and the price could reach more than 10,000$.
Initially I was more sceptical,but now that I've seen price just tearing down 3k,4k and then 5k barriers,now I'm convinced there's nothing to stop bitcoin price from rising in future.
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
Risk and fear are the two main mental barriers. It's totally normal to have a certain amount of tension that the prices of bitcoin might plunge down a bit. But that shouldn't stop anyone from investing into bitcoin which can make you a prosperous person with it's benefits. I deal with it by not putting all my savings into bitcoin, and keeping faith in cryptocurrencies. That is what i always feel when i don't have bitcoin but i want to buy some. It stops me from buying a lot of bitcoins because it makes me think that bitcoin is not a stable currency and it will fall after a pump because that is the nature of being volatile and i deal with it by just thinking that if i want to be safe then i need to put it on long term just to make sure that i am not going to lose any of my fiat investment.
Think positively and invest in bitcoin as much as you can because upcoming era will be of bitcoin and everyone will use bitcoin and at that time prices will be at top and there will be difficult to afford such prices, it will give you benefits in future and will allow you to secure god profit and also to raise living standards as well so without hesitation invest.
I think the barriers are
fear - the fear that their money will be lost when the prices are hitting low
expectation - people create a situation where they are proud that they are earning high on bitcoin but when its volatility is on its way and the prices are running low this could become a tragedy
If you are investing something then those are not the traits that you should possess to make a good profit,rather you should be aware of the surroundings and the market and you must have the understanding how the market performs on a given situation,the price of bitcoin will scare new people from investing in it,but if you are careful and aware about the market situations then you can profit from it.fear - the fear that their money will be lost when the prices are hitting low
expectation - people create a situation where they are proud that they are earning high on bitcoin but when its volatility is on its way and the prices are running low this could become a tragedy
Just invest want you can afford you lose. I heard this multiple times already. You don't have to fear specially when bitcoin price is slumping for a bit. If you invested all your money, of course you always have that fear and nervousness. So just follow the advise if just investing what you can afford. Expectations- you need to have a entry and exit strategy. If you meet your goals then get out. And if the price is good for you to enter the market, then buy bitcoin. Rinse and repeat.
I think the barriers are
fear - the fear that their money will be lost when the prices are hitting low
expectation - people create a situation where they are proud that they are earning high on bitcoin but when its volatility is on its way and the prices are running low this could become a tragedy
If you are investing something then those are not the traits that you should possess to make a good profit,rather you should be aware of the surroundings and the market and you must have the understanding how the market performs on a given situation,the price of bitcoin will scare new people from investing in it,but if you are careful and aware about the market situations then you can profit from it. fear - the fear that their money will be lost when the prices are hitting low
expectation - people create a situation where they are proud that they are earning high on bitcoin but when its volatility is on its way and the prices are running low this could become a tragedy
Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
Risk and fear are the two main mental barriers. It's totally normal to have a certain amount of tension that the prices of bitcoin might plunge down a bit. But that shouldn't stop anyone from investing into bitcoin which can make you a prosperous person with it's benefits. I deal with it by not putting all my savings into bitcoin, and keeping faith in cryptocurrencies. Jump to: