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Topic: Mental barrier stops from buying BTC - page 4. (Read 3769 times)

hero member
Activity: 1246
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CryptoTalk.Org - Get Paid for every Post!
October 07, 2017, 01:30:26 AM
Yes, i think that is true. There are many things that would come into the minds of people who are thinking of buying bitcoin, because of this they think twice and eventually don't buy bitcoin.

Well initially you'll be a bit skeptic but research will tell you that its a good decision to invest in btc. And looking back ay bitcoin's history would also clear those barriers especially if you're the business type of person.
sr. member
Activity: 616
Merit: 252
October 06, 2017, 08:37:17 PM
I personally don't buy bitcoins, as i earn them mostly, but i know that a lot of people have that thought before buying bitcoin, specially when it is their first time. Though they should not think anything like this because in the long term, bitcoin would only generate profits for a person, but they do. It is just the feeling of fear of losing money, and it occurs with everyone, not just some people.

Since bitcoin's value is high, those people who just have recently known bitcoin and wanted to invest would think twice whether to invest or not because of the fear of losing money. Bitcoin's price is so volatile that's why when it goes down, they are hoping that it will go down some more to buy more bitcoin and sometimes it works, sometimes the price would bounce and he would end up paying a higher price. The solution for this would be to study the charts and see the possible support and resistance so that you can buy when it is near the support or what we have known as buying the dip.
full member
Activity: 266
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Platform for Investing in Cryptocurrency and ICOs
October 06, 2017, 08:16:13 PM
Yes, i think that is true. There are many things that would come into the minds of people who are thinking of buying bitcoin, because of this they think twice and eventually don't buy bitcoin.
hero member
Activity: 756
Merit: 500
October 06, 2017, 05:29:33 AM
I personally don't buy bitcoins, as i earn them mostly, but i know that a lot of people have that thought before buying bitcoin, specially when it is their first time. Though they should not think anything like this because in the long term, bitcoin would only generate profits for a person, but they do. It is just the feeling of fear of losing money, and it occurs with everyone, not just some people.
legendary
Activity: 1652
Merit: 1057
October 06, 2017, 05:15:32 AM
I cant say there is such an exact timing to buy. I think when opportunity knocks you should always be prepared and grab it. It is given changes is always happening at all times. If your instinct told you to buy then follow it. Take risk eventually this business is all about it.
There is never a good time to buy like you have said. What is important is to buy at the time that is right for you and look away knowing that no matter what that is just the perfect timing and nothing you could have done about it.

Lots of people end up experiencing this and the next time, they wait and relax to see if there is going to be a dip until they realize the bullish trend isn't stopping and then they find out they are still back to square one of the same emotional state.
hero member
Activity: 840
Merit: 501
October 05, 2017, 06:19:31 PM
Yeah, I had the same problem, that is caused by the bad experience, so we are afraid to take risk and hesitate to take action, but that will be gone if you keep on trading, learning about the chart and got more experience, you still able to lost money but you will know how to handle the situation better
sr. member
Activity: 1036
Merit: 275
October 05, 2017, 05:20:31 PM
I was really afraid to buy bitcoins when the price was for about 500 bucks each, but i boughted some at that price, but it was my fault because i sold them on March of this year, when the price was so volatile between $950 and $1200, it was my biggest fault in the market in more than two years.
So i think that this all is caused by emotions, if i did not felt some pain in that month, then i would probably have a little fortune right now.
hero member
Activity: 3080
Merit: 603
October 05, 2017, 05:18:41 PM
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?

Yes I've got that problem too when it comes to buying I'm being skeptic because I usually think that the price might be falling some more after buying. But I'm sticking with my plans that as long as it is on the dip I'll buy and no matter what happens I know that bitcoin will soon increase it. I'm dealing with it remembering my experience on bitcoin trading and that is giving me some chill and confidence.
sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
October 05, 2017, 04:26:38 PM
I am pretty sure half of the people on this forum thought about buying Bitcoin back in the day and did not, and regret it (including myself). lmao
You would have thought that buying bitcoin is full of danger right? Well it is never late buying bitcoin. Mind barriers are nothing just a matter of metal stress. Take a break, think of positive things that can be happened. And always follow those positive things and you will overcome it.
hero member
Activity: 686
Merit: 510
October 05, 2017, 03:00:53 PM
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?
Because bitcoin has no stable price, we don't know what will be the price in the near future but I am pretty sure that price will go up and up. Buying bitcoins in a low cost is a good choice. You a choice anyway, choose for the good one and you will receive the gracefulness.
newbie
Activity: 30
Merit: 0
October 05, 2017, 02:52:28 PM
I am pretty sure half of the people on this forum thought about buying Bitcoin back in the day and did not, and regret it (including myself). lmao
regret is not a solution, if you will not buy bitcoin now then i'm pretty sure that you can post same words after 6 months. so be open minded and lets prepare your mind for some risk.
legendary
Activity: 1092
Merit: 1001
October 05, 2017, 02:47:04 PM
There is a mental barrier on everything you do, and in every project you invest, so it is normal to have some bad feelings before investing in a project, or in something new. I had the same thoughs when i bought bitcoin for first time, and it was below $300 i think (if i am not wrong).. So the price was that low, and now it is upto 12x from that price, so i think that bitcoin will always be high because the demand is rising too.
legendary
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DGbet.fun - Crypto Sportsbook
October 05, 2017, 02:46:45 PM
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?
All of us bitcoin users specially on trader and investors would really experience that kind of feeling which we would really still have doubts on buying bitcoin on a certain point because our mind do already projected the possible things that will happen later on.Mistakes and losing money cant really be avoided and thinking off this is the risk involve on engaging to bitcoin.If you do accept the risk then buying wont really be an issue after all.
full member
Activity: 161
Merit: 100
October 05, 2017, 02:43:11 PM
I am pretty sure half of the people on this forum thought about buying Bitcoin back in the day and did not, and regret it (including myself). lmao
copper member
Activity: 1050
Merit: 294
October 05, 2017, 02:38:25 PM
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 have faced this problem when i started doing trading in the early days, after then i realized that it was mistake to wait for the price downfall while buying bitcoins, because bitcoin is unpredictable and you never know when the price will boost very high. So better to invest as soon as possible instead of waiting for a downfall.
hero member
Activity: 770
Merit: 505
October 05, 2017, 02:15:32 PM
                           Precisely! One main thing you have to train is how to handle emotions and your mind, against worrying and overthinking. I had encountered this thing before, which prevents me from buying at dips, and still wait to dip further or think that its not good to buy because it was not yet done dropping, and then suddenly it rise back, and got left with regrets. Sad to say, but now I am practicing myself not to worry that much.
This is usually the best thing to do. You cannot predict what happens with the price and you should know that at any stage you are, any price you buy is still a good buy.
You cannot always win all the time and there is nothing you can do to change the moment since it has already happened. Sure! You could have gotten more and even though it sucks, but you are still in.

Usually, what I normally do is not to always go all in , or always have a savings in fiat somewhere in case the price drops hugely so I can always utilize the opportunity when it comes.
full member
Activity: 287
Merit: 102
October 03, 2017, 08:37:25 AM
I cant say there is such an exact timing to buy. I think when opportunity knocks you should always be prepared and grab it. It is given changes is always happening at all times. If your instinct told you to buy then follow it. Take risk eventually this business is all about it.
This is just a game of taking risk. If you want to earn something good, then you have to invest and buy Bitcoins sooner or later. You have to believe in yourself and you need to make wise decision. I think studying if charts can help you a lot in this manner and can solve your problem to a significant level.
full member
Activity: 455
Merit: 102
September 30, 2017, 03:50:45 AM
As humans we are limited by the knowledge of what the future holds. We are not all-knowing. So, we will always foot drag whenever it comes to buying at the best opportunity because we would think it could dip more. There were times I had missed trades because I had thought it would dip more. Sadly, it never did. This defines all of us. I am sure there are some here who are regretting missing buying the dip two days ago occasioned by the erratic comment from JP Morgan boss.
If a person should know about his future that if he will invest in bitcoin and will secure high there will be no such mental barrier. So one should keep an eye on market and observe it the mental barrier will be broken automatically when he sees the profit rate and will invest in it as fast as possible.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
September 29, 2017, 02:32:32 AM
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 think that you have a fear to invest your money to the cryptocurrency world. It seems that you don't want to lose your money in the cryptocurrency world. I prefer to you to have a faith and hope to the bitcoin and try to overcome your fear.

When you're still indoubt, do more research before entering until you made up your mind so that atleast your decided and you will not blame anyone at the end , anything that you're be doing will depends on your decision especially in where to put your money.
full member
Activity: 434
Merit: 117
September 29, 2017, 01:05:56 AM
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 think that you have a fear to invest your money to the cryptocurrency world. It seems that you don't want to lose your money in the cryptocurrency world. I prefer to you to have a faith and hope to the bitcoin and try to overcome your fear.
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