Post
Topic
Board Bitcoin Discussion
Re: Do you ever feel tired of waiting?
by
Asuspawer09
on 12/10/2023, 17:12:55 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 was pretty normal if dont really have the right mindset or probably just doesnt have the financial foundation yet, I mean if you know what you are doing you probably already know that it is better to Hold at the moment since the market price is still too low and if you sell at this moment it is going to be a loss. I mean it was kinda of annoying for sure when you were waiting but,  if you have the right mindset you still not going to sell your investment since it's going to be a loss the best thing always to do is to be patient right at this moment because for sure Bullrun is going to hit soon.

Or probably you still don't have the financial foundation which is why you are still having thoughts on your investment and feeling tired of holding just wanting to sell it at any moment. In my experience one of the best things to effectively hold your investment is to have multiple sources of income, if you have one source of income and it is your cryptocurrency investment then you shouldn't be investing at all since you still doesnt have the financial foundation, something like savings or emergency funds is really necessary before even starting to invest on your so that if you really needed the money your not just going to sell your cryptocurrency because you still have savings that you could use or have other income that you could use incase.