Most people are not naturally comfortable to wait or not getting what they want when they want it. Remember, as children, most of us pushed it more and more until we either got what we wanted or hit a brick wall that couldn't be crossed or pushed farther?

Life teaches us to be patient, and that often we do not get what we want. Some are better at being patient than others. Some simply hide their impatience really well.

Oftentimes. patience is a quality (I should say skill since you can train it) worth having that is both appreciated and can be better than hasty decisions. Sometimes, on the contrary, swift action is needed, so patience may not be the best skill in our arsenal in certain situations.

How do you know when it's time for patience and when it's not? Usually, the same way you learned patience... Through examples, life experiences and practice.

Would you be patient if a dog wants to bite you? I'm pretty sure that's a situation where some swift action might be needed. Unless, of course, you'd like to see if you can talk the dog down from biting you...

But in life, the waiting game and knowing when it's time to stop playing are pretty important... Whether it is/was about a job and career opportunities, and knowing when to wait for them and when to move on, whether it is sports where you might need to wait for the right opportunity to breach the defenses of your opponent, long term business planning (expansion, takeovers, etc.) or all sort of investment strategies, they all require both patience and taking swift action at some point.

 https://img.inleo.io/DQmTnDwsW1WFSjzZk27GLTz62paUsiJaPz7UEcoahbC6ZQg/chess.jpg 
[Source](https://www.pexels.com/photo/man-holding-chess-piece-277124/)

Let's slowly come to the crypto space... Nowadays, we were supposed to be in a bull market, which many have trouble recognizing as such.

October has often been very bullish in crypto during bull markets, but this year neither September nor October were... simple. For someone expecting a one way direction in either of the two months, they have been both a disappointment.

Looks like the market doesn't want to make a new ATH for bitcoin until the US elections are over. It might be held under the lid on purpose. That wouldn't surprise me at all.

US elections never played a huge role in the crypto bull market before, but until this year, it was never a subject in the campaign of one of the main candidates. So yeah, this cycle might be different from this point of view.

I reached the conclusion above after seeing the strong resistance at 68k when BTC had a good momentum to make a new ATH in October.

While I do take interest in short term trends and try to understand what is going on, my waiting game is still strong. I believe many mistakes can be made when people lose hope and try to ride any wave that seems to hold some legs, regardless of what it is associated with. 

Strange that I have to write these words in a bull market though... This could have been a time where I would have advised people to be aware of the hype, maybe.

But I'd rather not judge this bull market based on parts of it, until the end. Taking a step back, in my opinion BTC is pretty much where it should be at this point in the bull market, at 4x this cycle. It will be very surprising if it would make above 7x this cycle. What worries me is the state of the alts at this point, with a surge of funds toward useless projects.

As a casino, crypto has no relevant future. The wolves of Wallstreet also started to disclose their true intentions about bitcoin (and anything else they touch)... They feel confident to say what they really think and plan to already.

Time to wake up, crypto people! Understand what you invest in and why.

Bitcoin was considered the standard and example for decentralization in crypto. That is about to become history if this direction continues. And why shouldn't it if nobody cares?

Posted Using [InLeo Alpha](https://inleo.io/@gadrian/the-waiting-game-bye)