Quote from: Lucius on Today at 10:47:35 AM

Quote from: Ultegra134 on October 11, 2023, 05:52:57 PM

~snip~
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?

The problem is precisely that most people are waiting for something to happen because they are only interested in profit, and the frustrations you mention are most expressed precisely at a time when the price of BTC is relatively stable. I stopped thinking that way a long time ago because it simply does not lead anywhere, and instead you should try to live without high expectations and accept that you cannot influence the price of BTC.

In addition, if you believe that the four-year cycle is still something that is in play, then you have no reason to be frustrated because we are still in the accumulation phase and everything that is currently happening has already happened several times, only the numbers were different. I well remember how frustrated people were during 2015 when the price of BTC was just above $200 and some said it would never reach $1000 again, but look where we are today Wink

I'm not quite thinking of cashing out; I'm not too bothered by its current price, although it wouldn't hurt seeing my Bitcoin double in value. However, I've never seen the market so stale, thus the frustration. This period has been great for accumulation, and the low prices have tremendously assisted.

Quote from: famososMuertos on Today at 11:40:12 AM

Sometimes you have to keep in mind that this patience depends on your experience but also on your capital and diversification of your investments.

That is, one should see the net of the investments and then go to the analysis of each of them, some must have profitability and if not, wait or reinvest.

But in the case of have only an investment, bitcoin, if you get "stressed", although you mention "tired of waiting" perhaps it is some other psychological symptom, anxiety

Bitcoin requires doing many things intrinsically related to commerce to see profits in the short term.

If you are close to some personal investment and you need that money invested in bitcoin, first mistake if you are going to hold and you have not made profits, in fact it is possible that you are in losses, you must make a decision on what to do, it is not about I'm tired to wait.

I'm mostly focused on Bitcoin; I also have some money in BNB and stablecoins, which are staked, but nothing out of the ordinary. All of my bitcoin is acquired through signature campaigns, and I'm keeping it intact. Generally, I don't mind the current value or the state of the market; as I've mentioned earlier, my DCA is not too high, so these minor fluctuations in price are in fact minor to my wallet. Indeed, though, I'm a somewhat anxious person. I'm not in a hurry for the bull market, but I find it a little boring seeing it so stale in the past few months.

Quote from: tabas on Today at 04:38:19 AM

Quote from: Ultegra134 on October 11, 2023, 07:24:06 PM

Quote from: tabas on October 11, 2023, 07:12:06 PM

I know where you're coming from but I never feel tired anymore waiting for the bull run or the right time to sell. I am an impatient person but holding Bitcoin just taught me how to be more patient. Honestly, it had helped me personally on how I look at matters and things on different perspective and to be patient for their results as I want to get the best results for these trials that I've done in the past.

Fortunately, I'm not too worried about its price anymore. In 2017 or 2018, I'd get extremely frustrated over Bitcoin's price, which was my largest mistake. The 2018 crash made me quit, had I been active during all these years, things would be quite different now.

Yeah, that's one regret that I also hear from the friends of mine that I've shared the talk about Bitcoin. They've been there during the 2017 bull run but made them lousy and tired on 2018 because of the bear market. I guess that's how it works really for those who are staying and believing on it than to just get a quick cash and leave. But no matter what happens, everyone who has seen this market before will and can comeback anytime that they wish to. The past is the lesson that we have to apply for what's coming to us within the nearest future.

I actually never believed that Bitcoin was a get-rich-quick scheme—quite the opposite. Perhaps the reason I quit was because I believed that Bitcoin was over after such a major crash. It was the first time we saw it thriving so rapidly in 2017, surpassing $20,000 in an extremely short period of time and then proceeding to crash back to where it was. I honestly thought it was over. I stuck around for a while but quit after a few months.