Topic: Psychology of waiting - page 7. (Read 2751 times)
That is what you called playing safe strategy 😂 it's better to be sure than taking risk without any bases. However you can clearly saw the disadvantage of this strategy. What if you are waiting for nothing? Waiting that might come that it is not actually happen. It is like wasting your time to get a couple of air in your mouth.
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.
A lot of people do wait quite a long time to buy their coins when the price falls. This could be good in the sense that they get lucky and buy out when the price is super low or it could be bad if they wait too long and then the price gets higher and they lose out on their opportunity.
I admit that weve been waiting too long for the price increase, still we did not win nor lose. Its always a 50/50 percentage of earning and losing. So i dont think that you can tell us that our decision is wrong because waiting this much even the price is still frozen on a particular value for months still not getting real results.
Waiting for those people who don't know how to trade or are afraid to trade. It is more convenient for them to wait. Because, in order to become a trader and buy coins, you need an internal power. It's always hard to start something. You can invent yourself hundreds of excuses, why not do it. I started the same way. I waited 2 months and it turned out to be in vain. If I bought bitcoin at once, then in 2 months would have already profit 
.
People who are waiting all the time need not say anything. They themselves must decide to buy.
.People who are waiting all the time need not say anything. They themselves must decide to buy.
People differs on their strategic planning between buying and selling. Commonly, to play it safe especially for us a not so risk takers traders, we always want security with our money invested. We buy it low and sell it high but to those who has enough capital then they can buy it anytime they want and never hold their coin for a long time waiting for the price to get high.
There are two completely opposite ideas. People are waiting for bitcoin prices to drop. People are waiting for bitcoin prices to rise. Both are psychologically waiting. And we expect the bitcoin price to drop more and we expect that to happen sooner. Who holds the bitcoin will worry about the price drop.
All I'm going to say is get ready to buy bitcoin and sit down at home. But the fact is that many people are hesitant to make decisions when looking at the price down, whether to buy or wait.
It is extremely difficult to wait and not sell your cryptocurrency when you see how fast your altcoins and Bitcoins are falling. Meanwhile, patience is needed always.
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 is a part of risk because we dont know when to drop or rise thats is why its very important to hold a real coins,just for sure in waiting we can make profit on it, for daily needs dont depend in cryptocurrency coz its very risky to our family.
This is way too much for waiting and the thing is that people really get bored by continuously waiting for big profits by doing nothing, simply keeping coins into their wallets. This is why I always recommend keeping some big coins like bitcoin and ethereum into wallets but at the same time, do some office job. So that they cannot get bored and keep earning money all the time. This is a good combination.
That's the right thing to do. Never depend on a single source of income especially when it comes to cryptocurrency because the income you can get from this market is not stable and there many even be a possibility that you will not be able to profit in a few months and at this rate, you will end up begging for someone to feed you so that you can keep going. Just make cryptocurrency an extra income and if you are not interested in getting a job then build a business you are passionate about.
I have a few friends who have told me that they are waiting for the bitcoin price to drop to $ 4,000 and they will buy it. But I said that bitcoin would not be able to drop below $ 5000. but they do not believe me
I bet they wouldn't even buy it when the price becomes $4,000 because they will be too afraid then to buy seeing the percentage drop from its all time high. They are just looking for a reason so that they wouldn't be able to buy it in a not so obvious way. They may even be happy when the price drops below that price and complain they weren't able to buy when the price is already near all time high again.
Lol I told them to shut their computers for years then get back to their daily life and take care of their family
This is way too much for waiting and the thing is that people really get bored by continuously waiting for big profits by doing nothing, simply keeping coins into their wallets. This is why I always recommend keeping some big coins like bitcoin and ethereum into wallets but at the same time, do some office job. So that they cannot get bored and keep earning money all the time. This is a good combination. It is good way of earning to have more than one source, and i think in this era everyone needs luxurious life, so for this more than one source of earning is the best idea, as we invest in bitcoin so it mean it will rise if we keep on looking at it or not but just have to wait, and also we should need such a bitcoin wallet which is very much safe from hacking, so use that wallet to earn good amount of profit by holding your coin for long term in it, it become easy to hold if we have any other activity besides waiting for price and it is most profit worthy to have for long term as long as we want it to grow for us.
Lol I told them to shut their computers for years then get back to their daily life and take care of their family
This is way too much for waiting and the thing is that people really get bored by continuously waiting for big profits by doing nothing, simply keeping coins into their wallets. This is why I always recommend keeping some big coins like bitcoin and ethereum into wallets but at the same time, do some office job. So that they cannot get bored and keep earning money all the time. This is a good combination. 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?
I have a few friends who have told me that they are waiting for the bitcoin price to drop to $ 4,000 and they will buy it. But I said that bitcoin would not be able to drop below $ 5000. but they do not believe me
All I'm going to say is get ready to buy bitcoin and sit down at home. But the fact is that many people are hesitant to make decisions when looking at the price down, whether to buy or wait.
physiology of waiting is equaled to the psychology of winning in return that is how cryptocurrency work in the market we should enough patience at the time of bear market in return we can see profits thereafter
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?
Instead of waiting for bitcoin to drop the price i rather buy some altcoin first while the bitcoin still in high,from this i can gain another amount to invest in bitcoin when the price drops.Time is very important specially in this community as we know volatility is indeed and fluctuations happening every minute or even seconds
Lol I told them to shut their computers for years then get back to their daily life and take care of their family
Thats the best solution for someone, who doesnt know anything about trading and tries to earn.But the fact, that you have some crypto on your wallet wont let you sleep well
Lol I told them to shut their computers for years then get back to their daily life and take care of their family
Waiting for those people who don't know how to trade or are afraid to trade. It is more convenient for them to wait. Because, in order to become a trader and buy coins, you need an internal power. It's always hard to start something. You can invent yourself hundreds of excuses, why not do it. I started the same way. I waited 2 months and it turned out to be in vain. If I bought bitcoin at once, then in 2 months would have already profit .
People who are waiting all the time need not say anything. They themselves must decide to buy.
.People who are waiting all the time need not say anything. They themselves must decide to buy.
People differs on their strategic planning between buying and selling. Commonly, to play it safe especially for us a not so risk takers traders, we always want security with our money invested. We buy it low and sell it high but to those who has enough capital then they can buy it anytime they want and never hold their coin for a long time waiting for the price to get high.
Waiting for those people who don't know how to trade or are afraid to trade. It is more convenient for them to wait. Because, in order to become a trader and buy coins, you need an internal power. It's always hard to start something. You can invent yourself hundreds of excuses, why not do it. I started the same way. I waited 2 months and it turned out to be in vain. If I bought bitcoin at once, then in 2 months would have already profit .
People who are waiting all the time need not say anything. They themselves must decide to buy.
.People who are waiting all the time need not say anything. They themselves must decide to buy.
People differs on their strategic planning between buying and selling. Commonly, to play it safe especially for us a not so risk takers traders, we always want security with our money invested. We buy it low and sell it high but to those who has enough capital then they can buy it anytime they want and never hold their coin for a long time waiting for the price to get high.
Waiting for those people who don't know how to trade or are afraid to trade. It is more convenient for them to wait. Because, in order to become a trader and buy coins, you need an internal power. It's always hard to start something. You can invent yourself hundreds of excuses, why not do it. I started the same way. I waited 2 months and it turned out to be in vain. If I bought bitcoin at once, then in 2 months would have already profit .
People who are waiting all the time need not say anything. They themselves must decide to buy.
.People who are waiting all the time need not say anything. They themselves must decide to buy.
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