Post
Topic
Board Bitcoin Discussion
Re: Do you ever feel tired of waiting?
by
South Park
on 11/10/2023, 20:04:09 UTC
To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.

I feel that there isn't too much excitement and this adrenaline feeling anymore; suddenly you'd see Bitcoin climb or crash; you'd be curious when it'd stop, what your next move would be, or simply feel accomplished seeing your money's value grow. Price movements are quite insignificant at this point compared to the huge pumps or dumps that occurred in 2020 or 2021.

Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?
It is true the volatility of bitcoin has gone down compared to the previous cycles, however this is bound to get even worse as times goes by and you will have to find a way to deal with this, in a way what you are going through sounds similar to the feelings those that practiced an extreme sport go through once they stop doing that activity, they feel their life to be kind of dull and they miss the old days in which they did all of that crazy stuff, and if I am honest with you there is not much you can do about it, as bitcoin is not going to change its behavior according to our needs and we are the ones that need to make the adjustments instead, however once the bull run starts and you see the profits coming it is likely you will forget about this for a time.