Psychology of waiting - page 10. | Bitcointalksearch.org

Coin12

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1st of May

Quote from: bob3772 on December 15, 2017, 12:30:09 PM

Quote from: traderperspective on December 15, 2017, 12:26:43 PM

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

'waiting for a drop can cause you huge percentage gains' Grin

you pretty much said it, just explain that you take a risk by waiting that the price may never fall again and you will be waiting forever. It is the same logic as bag holding where people hold a coin waiting for it to rise again but it never does.

Why you said the price may not fall again? I dont think so.
The price of any altcoin will goes down no matter what and when. No one from them will stay up without correction.

Nicol3

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Basically there are a lot of people who does this kind of strategy. They wait for such a long time or probably wait for the target amount they want to buy a certain coin when it is dropping. And patience does have a great role when it comes to trading, and it does have great results but it also does takes time.

melted349

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Quote from: trickyriky on February 02, 2018, 12:35:47 AM

Quote from: Andrej Peiboski on January 04, 2018, 01:06:58 PM

Patience is a great quality, and sometimes to wait is the only option. Be careful to not confuse it with procrastination: in trading timing is the most important part of a strategy

We all have to be patient now and wait. As soon as all alts and Bitcoin are not as high as they used to be, it it the time to hold and hope.

People all of us need to take this and made this to be deserve for cause we all know that this is the most common thing that may ever happen , patiently waiting are not as easy as we know cause people some are tend to earn quickly for.

trickyriky

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Quote from: Andrej Peiboski on January 04, 2018, 01:06:58 PM

Patience is a great quality, and sometimes to wait is the only option. Be careful to not confuse it with procrastination: in trading timing is the most important part of a strategy

We all have to be patient now and wait. As soon as all alts and Bitcoin are not as high as they used to be, it it the time to hold and hope.

BlockEye

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Bounty Mngr & Article Writer https://goo.gl/p4Agsh

Quote from: Cointertrade on February 01, 2018, 12:57:23 AM

Quote from: bigmaster23 on December 15, 2017, 12:50:48 PM

Waiting can cause a bit of aspect to ensure that your on the right track for investing, on the contrary it might be also affect your gain if the altcoin your investing with never to surge but downfall. Cry

According to the study
Waiting is the most crucial way on how to spend your time,Cause waiting is not easy,most especially when We are running out of time.
Psychology speaking, we are waiting For something/someone because it is Our Mind's decision,
But others dont like to Wait,because of lack in Patience.

How come you'll be run out of time? There's a lot of time to hold it especially if its still ongoing project and not yet fully developed or still have plans on listing on more exchanges. Unless you're in doubt on your coin then its not really worth holding and waiting for. That's why never buy shitcoins that know will be delisted soon since it have no product or development in the future that will make it on hype. Think of holding as a long term investment to keep your patience.

Cointertrade

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Quote from: bigmaster23 on December 15, 2017, 12:50:48 PM

Waiting can cause a bit of aspect to ensure that your on the right track for investing, on the contrary it might be also affect your gain if the altcoin your investing with never to surge but downfall. Cry

According to the study
Waiting is the most crucial way on how to spend your time,Cause waiting is not easy,most especially when We are running out of time.
Psychology speaking, we are waiting For something/someone because it is Our Mind's decision,
But others dont like to Wait,because of lack in Patience.

VclDm

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Waiting each and every day to see coin investment I discount is a very uncomfortable feeling, I have been through so thoroughly understand this. To limit anxiety you can monitor the market regularly so that you can sell when the market goes down or you can also study coin carefully before buying to peacefully keep it in one place. Long time and do not worry about it. That's the way I forgot the discount coin and focused on other jobs.

wayancrypto

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Sometimes if we waiting for too down price, we can miss profit. That target price to low because in technical analysis the price of Bitcoin has posibility to going up. For the better buy Bitcoin now and trade with other altcoin to increasing amount of Bitcoin.

ApocalypseNow

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Quote from: traderperspective on December 15, 2017, 12:26:43 PM

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

It depends and right now I'm sure some did it when it reached $9k. There's nothing wrong if they want to wait because it just shows that they are fit in this game because buying and selling involves a lot of patience.

coinsontheroad

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I agree on skipping the waiting game to buy bitcoin. If you want in then just get in. We all know where it's headed.

I sat and wondered if I should buy at 4800 or if it would dip. Thankfully I made the right decision and bought because the next day bitcoin started its march toward 6K.

WatchMaker

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PUFFY FINANCE

Quote from: traderperspective on December 15, 2017, 12:26:43 PM

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

There is no sense in waiting for bitcoin price to drop before buying, that is a kerosine method! That method was used in the past but it is no longer working much these days. It is better to buy bitcoin when you have the money to avoid bitcoin price from getting to another level and regret why you didn't buy it in the first place.

Andrej Peiboski

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Patience is a great quality, and sometimes to wait is the only option. Be careful to not confuse it with procrastination: in trading timing is the most important part of a strategy

sumanto

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Quote from: traderperspective on December 15, 2017, 12:26:43 PM

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

the psychological condition when the coins you buy suddenly plummet and you are stuck at a high price makes the psychological condition that you have feel depressed and it feels like to sell cheap and lead to losses.

nydiacaskey01

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The waiting game in Bitcoin trading is rewarding, regardless if you are Buying or Selling. Just look at Ripple itself, who would have known that it would beat Ethereum in the #2 spot and its now a contender for the #1 spot. But then again, waiting also involves further study about the coin because you cant just wait for 1 year for the coin to pump and after waiting you'll be surprised that it will be delisted.

TedMosby

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https://bitcointalk.org/index.php?topic=5274318.0

Quote from: traderperspective on December 15, 2017, 12:26:43 PM

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

we can not blame them for their decision, because cryptocurrency is still a new things. some country banned it, but many influential person support it.
everything can happen in this "crypto journey".
but, I suggest you to ask them, "lose small or win big?".

"buy now, smile later"
-TedMosby 2018

poplolnman

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Quote from: gidaahmad on December 30, 2017, 07:00:48 PM

Getting a big profit is what everyone wants. If indeed they do not want to invest in Bitcoin, then we do not have to force them. Because the fate of humans is in their own hands.
And you know that trading has a high risk. Why are you still inviting them to get into those risks?

If you trade for short term , it's required a high skill of analysis. Most of the times the prediction close to accurate with certain technical analysis. But then when you trade for a little long time you might just need to do a pre-investment analysis and sit down beautifully, act like you have forgotten that investment and collect it later in the future as your effort to wait and stick on the plan.

zxl912157

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The thing I hate the most is to wait, but by trading I have trained it.
because we can not know when coins will rise and fall, and patience is a great solution to hold or order a coin.

Yzhel

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Quote from: Shamie1002 on January 04, 2018, 09:26:18 AM

Waiting will be possible if a person has patience. A person with patience have to be encourage to set this willingly. And to make it possible, knowledge is very important to not just inform but also to make then understand why they should wait. They should know that users that knows how to wait contributes to the demand and supply system. With users holding their coins will avoid great decrease in prices instead, hikes are to follow. Holding and waiting sustains bitcoin's value. Although movements are still unpredictable, it would lessen risks to dip.

Let us just say that we are just waiting for our diploma since our diploma can be one of the reason for us to become successful, it is our instrument that we can use for us to target our goals, so just like it before having it we need to be patiently wait for a time because if we easily give up, for sure our dreams will be gone as well.

Shamie1002

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Waiting will be possible if a person has patience. A person with patience have to be encourage to set this willingly. And to make it possible, knowledge is very important to not just inform but also to make then understand why they should wait. They should know that users that knows how to wait contributes to the demand and supply system. With users holding their coins will avoid great decrease in prices instead, hikes are to follow. Holding and waiting sustains bitcoin's value. Although movements are still unpredictable, it would lessen risks to dip.

feelideb

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fLibero.financial

The psychology of waiting is the nemesis of waiters! Because they will keep waiting since they already set a pattern of thinking that they cannot change. So, the process of relating with bitcoin becomes automatic. And it will be working against them because they will not be able to make any decision.

Topic: Psychology of waiting - page 10. (Read 2755 times)