Topic: Psychology of waiting - page 6. (Read 2751 times)
Judging by the analysis in the near future there will be a sharp price jump upwards, so that few of those who are waiting now will have time to buy it
I have been waiting for the bitcoin price to drop when the bitcoin price is at $ 7k. I have been waiting for so long. about 1 month something. When bitcoin is low I bought at $ 6k1. Although not at the bottom, I believe it is a very good price for me. Bitcoins are now at $ 6.5k. It's a bit more than when I bought it
Would they like to wait for the price lower than 6k? I find that they are a bit greedy. to me 6k $ is the price I feel good to buy in then. If they keep waiting for the high bitcoin price they will not have the chance to buy it at 6k $ or even 6.5k $
If they see the previous prices of bitcoins, and the trend with which they are moving, they would get to know about their greediness. You are right here that they must not be greedy. They must take things easy and now prices are lower enough to become suitable for a person to buy bitcoin. This price may not be coming again after this year so don’t just waste your time. 
psychology of waiting for this is the right word for cryptocurrency we should wait for cryptocurrency profits with psychology of winning rather than waiting with panic mode the winning and positive psychology will change everything
I agree, with your passion to continue because you know that time will come and everything will rise back is a good attitude, it will practice our minds to believe that it is just taking sometime to bounce back and it's still good thinking positively while patiently waiting for your target profits, never to feel sorry and stress yourself while seeing some hard downfall it's part of the cycle just continue buying and holding for much bigger earnings after. 
Tell then not to wait..but tell them to buy gradually and even if bitcoin going down further they nee to buy again. Invest in crypto need patience and big balls. Tell also to them not to invest with money they cant afford to lose.because whole crypto is still beta but if crypto start its mass adoption crypto can probably reach 1 trillion matketcap easily.
If everyone know when lowest and highest price. I think they are not here.
Are you implying that there are people that know when the market bottoms and when the market reaches the highest price 
. No one in the world is able to predict those things as it is an open market and no one is able to identity those, but you can have an assumption what might happen and if your hunch is right then you will be able to make some money.Agree. Such things cannot be predicted. So waiting is not so easy sometimes. Cryptocurrency is risky and unpredictable and not everyone has enough patience to make only right decisions.
psychology of waiting for this is the right word for cryptocurrency we should wait for cryptocurrency profits with psychology of winning rather than waiting with panic mode the winning and positive psychology will change everything
If everyone know when lowest and highest price. I think they are not here.
Are you implying that there are people that know when the market bottoms and when the market reaches the highest price . No one in the world is able to predict those things as it is an open market and no one is able to identity those, but you can have an assumption what might happen and if your hunch is right then you will be able to make some money.Agree. Such things cannot be predicted. So waiting is not so easy sometimes. Cryptocurrency is risky and unpredictable and not everyone has enough patience to make only right decisions.
Would they like to wait for the price lower than 6k? I find that they are a bit greedy. to me 6k $ is the price I feel good to buy in then. If they keep waiting for the high bitcoin price they will not have the chance to buy it at 6k $ or even 6.5k $
Another thing is people who are waiting and waiting, and don't buy at a low price at all.So it's always advisable to do your own due diligence before making a decision and not just relying on people's decisions.
There are different trading strategies. I sometimes use this strategy. Some of the coins I sell at a high price, and arrange a few purchases at low prices. Often these prices seem ridiculous at the time of issuing orders, but it's even more ridiculous when these orders are triggered 
. Therefore, if the psychology of expectation is applied in this situation, then I consider it to be excellent.
Another thing is people who are waiting and waiting, and don't buy at a low price at all. I think the problem here is that such people are too insecure, because they, first of all, don't have the knowledge and experience.
. Therefore, if the psychology of expectation is applied in this situation, then I consider it to be excellent.Another thing is people who are waiting and waiting, and don't buy at a low price at all. I think the problem here is that such people are too insecure, because they, first of all, don't have the knowledge and experience.
If everyone know when lowest and highest price. I think they are not here.
Are you implying that there are people that know when the market bottoms and when the market reaches the highest price . No one in the world is able to predict those things as it is an open market and no one is able to identity those, but you can have an assumption what might happen and if your hunch is right then you will be able to make some money.Agree. Such things cannot be predicted. So waiting is not so easy sometimes. Cryptocurrency is risky and unpredictable and not everyone has enough patience to make only right decisions.
psychology that is held when waiting until the price becomes very high is likely to be easily affected with bad news so that it can make the holding person will be easily affected by the conditions and bad news in the media.
If the market goes down and lasts for several months then I think most people will sell. that is human psychology. But I advise you to wait patiently for market recovery not to sell at low prices.
You're right. People will loose hope when that happened happens, and so they'll sell of their coins. This also gives an opportunity for whales to buy and accumulate more
When it comes to trading the money flows from those that are impatient to those that are patient, those that held for a very long time got their profits in bitcoin, but those that are able to wait until they get the best possible price when they buy will get many profits as well, this not only happens in the market of bitcoin but in all the markets so if you can wait you have a huge advantage over almost all traders.
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'
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. If the market goes down and lasts for several months then I think most people will sell. that is human psychology. But I advise you to wait patiently for market recovery not to sell at low prices.
With the market current situatiion as of todate I think selling is to be considered as big losses because all cryptocurrencies are in dip prices. It is better to hodl and wait for possible good price correction this year ends. No need to in a hurry especially when you didn't need the cash right away but if you need it now that's depend your own decision.
If the market goes down and lasts for several months then I think most people will sell. that is human psychology. But I advise you to wait patiently for market recovery not to sell at low prices.
Most people will say wait for the past experience but it seems that two thousand seventeen is literally literally every thing. So it's always advisable to do your own due diligence before making a decision and not just relying on people's decisions. At this time all serious Cryptocurrency tends to increase continuously and will last several years.
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 will be two waiting time; first we need to wait for the price to move down deeper and after we make a buy order, we have to wait for the price to move up again to sell our coin, which isn't effective from my own perspective. It will be better to buy at current price and wait only for the bullish to come.
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