BTC is exceeding expectations, what a time to be alive. - page 2.

lizarder

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Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

No one predicted bitcoin would be like this when it first appeared and to me that is normal for people who have sold bitcoin at a fairly cheap price. What needs to be considered is how to go next and people need to see the opportunity in bitcoin to achieve financial freedom because if we fail to take advantage of it we will be left behind. Patience is indeed the key to success and it really happens in bitcoin and we even often hear that patience will provide a way to achieve success.

The correction you mean is not right because in the last eight months bitcoin has never reached $25,000 and I think there is a mistake in looking at the history of bitcoin because the correction should never have touched the price you mentioned above in the last eight months.

ingiltere

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It depends on whose expectation it is. The expectation of the forum members here was exactly that Bitcoin would go to these prices. 100.000 USD is a target we have been waiting for a long time. It came back from there with a few hundred dollars, but it will cross that level soon. Giving a Drake reference may reflect negatively in crypto space though, but I look at it from the Future side. Grin

Those who sold will definitely regret it, but those who expected it and predicted it and didn't buy more Bitcoin may regret it more. Missing the opportunity in front of your eyes makes you unhappy.

nakamura12

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Quote from: MarjorieZimmermanGinger on November 28, 2024, 10:12:55 PM

It feels so strange that he is not able to see the bitcoin price clearly because historically we can find anywhere to see the price issue for now. Bitcoin almost touched $100k but strong pressure made him fail and now we are again seeing a small correction happening in the market and maybe the momentum to touch that price again can happen before the year changes. This will be something different because from what we saw before that bitcoin could approach that price only because of some events and maybe in the future there will be something else that will give bitcoin a push to touch $100k.

There might be a reason for it that we don't know but we will know if he will tell us what it is. If there's an even that is great then it will be possible that the price of bitcoin will reach 100k and not 99k that lacks 100 before it becomes 100k. I think it's possible since bitcoin price even reach 99.9k not too long ago and that's why other people say that 100k is in our front doorstep even though 100k hasn't happened yet. Maybe exchanges having low supply in bitcoin could push it to 100k price within this year.

krishnaverma

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Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

Most of the people who bought at $10 levels had already sold their holdings. It takes a lot of patience to keep holding over the years when price has been increasing so fast.

But there must be some people who had firm belief on the future of bitcoin and blockchain and they held their holdings till now. One example is winklevoss brothers. They held for quite long time and as a result they were in the top richest list in the world as well. That is how patience rewards you.

jcojci

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That makes them feel sad because they can not enjoy the moment to make a big profit. That is why in Bitcoin investment, we have must have patience and wait for some years. No pain no gain, that is what we must remember in investing in Bitcoin. And we still have time to accumulates Bitcoin although the price now is at more than $90k. We are lucky that the bull run is not yet comes so we can use the time to buy Bitcoin and prepare for the coming. Many people doing the same by accumulating more Bitcoin using the money they can afford because they want to make a big profit in the next bull run.

fikrett

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Quote from: CageMabok on November 29, 2024, 04:26:48 AM

Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

Regret hurts when it is continuously contemplated by those who have bought Bitcoin when the price was still less than $10, but if it is continuously forgotten and they have time to buy again before the price increase continues to occur, of course they will never regret it as long as they can still be patient until now. Now the price is indeed very high, but that does not mean that Bitcoin will not increase again because the potential for price increases in Bitcoin is still very much because it is always influenced by the level of interest and buyers every day.

No need to regret, we may regret we don't buy BTC now rather than in 10 years - so let's be wiser and do it so that others would be in such a situation.
And we would be in the best position during the next cycles.
Cool

betswift

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Quote from: ? on November 29, 2024, 05:37:19 AM

Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

Though I understand your point, but Bitcoin has never fallen to $25K this year. In fact if you check the yearly timeframe, you will see that its price has been bullish since the beginning of the year.

With some drops in price, sure - but the sentiment is here, you are right.
And we only feel what should because of the halving and other factors just now.
Truly, a great cycle, just like the others.

?

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Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

Though I understand your point, but Bitcoin has never fallen to $25K this year. In fact if you check the yearly timeframe, you will see that its price has been bullish since the beginning of the year.

CageMabok

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Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

Regret hurts when it is continuously contemplated by those who have bought Bitcoin when the price was still less than $10, but if it is continuously forgotten and they have time to buy again before the price increase continues to occur, of course they will never regret it as long as they can still be patient until now. Now the price is indeed very high, but that does not mean that Bitcoin will not increase again because the potential for price increases in Bitcoin is still very much because it is always influenced by the level of interest and buyers every day.

fikrett

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Quote from: MarjorieZimmermanGinger on November 28, 2024, 10:12:55 PM

Quote from: nakamura12 on November 28, 2024, 06:12:27 PM

That is true since most of the time the price of btc is at 40-60k at that time when the price didn't reach 90k. As of this month, the price did not reached 100k yet but many people already consider it as 100k when the price reached 99k which is a 100 less from getting to 100k but as you have said, 100k is now at our doorstep waiting for it to happen at any moment. It really is a sight to behold when I clearly remember bitcoin price ranges at 2k to 3k before and now it is more than that.

It feels so strange that he is not able to see the bitcoin price clearly because historically we can find anywhere to see the price issue for now. Bitcoin almost touched $100k but strong pressure made him fail and now we are again seeing a small correction happening in the market and maybe the momentum to touch that price again can happen before the year changes. This will be something different because from what we saw before that bitcoin could approach that price only because of some events and maybe in the future there will be something else that will give bitcoin a push to touch $100k.

I would call it just a little drop in price, because a correction is usually something bigger, and we didn't see that yet like we did in 2021-ish.
Afterward - the $100k will be only a start for BTC and the ATH it's going to reach.

MarjorieZimmermanGinger

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Quote from: nakamura12 on November 28, 2024, 06:12:27 PM

That is true since most of the time the price of btc is at 40-60k at that time when the price didn't reach 90k. As of this month, the price did not reached 100k yet but many people already consider it as 100k when the price reached 99k which is a 100 less from getting to 100k but as you have said, 100k is now at our doorstep waiting for it to happen at any moment. It really is a sight to behold when I clearly remember bitcoin price ranges at 2k to 3k before and now it is more than that.

It feels so strange that he is not able to see the bitcoin price clearly because historically we can find anywhere to see the price issue for now. Bitcoin almost touched $100k but strong pressure made him fail and now we are again seeing a small correction happening in the market and maybe the momentum to touch that price again can happen before the year changes. This will be something different because from what we saw before that bitcoin could approach that price only because of some events and maybe in the future there will be something else that will give bitcoin a push to touch $100k.

avp2306

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Quote from: Fiatless on November 28, 2024, 03:57:42 PM

Quote from: Tmoonz on November 28, 2024, 03:01:10 PM

I totally disagree with you on that bolded part because it is Bitcoin we are talking about there is no time ideal than investing when you have your money readily available, there is nothing absolutely wrong buying even at the peak price, it is pretty much ideal to invest during the bull season and bear season, one thing we should always understand is that Bitcoin is best appreciated over a long term hence there is no point timing the market conditions before investing, secondly the market can be very uncertain which can make you miss good buying opportunities while waiting for an ideal time to invest.

You are correct that the best time to buy Bitcoin is when you can afford it. If you are adopting the DCA stractegy to accumulate, it is fine to buy at any given price. But if your option is Lump sum pattern, you will agree that the ideal time to buy is what the price have dropped significantly.

My response is targeted at people who see Bitcoin as a fast means to make money. There are many people whose intention is to buy Bitcoin now and sell it next year. My advice to them is that they wouldn't get the best deal now, maybe if they had invested two years ago, it would have been more profitable.

Yes the market is uncertain but based on historical pattern, there will always be a bull and bear season. Based on my assumption, it is possible that Bitcoin might drop below $70k within this coming cycle.

Acquiring decision is really situational since we cannot assume what's strategy has been used by other people. If for us we can do it anytime since nothing will happen with our investment especially if we are using DCA method.

But we cannot force other to use their strategy just like what you have said who use lumpsum method since buying at the dip is the ideal option to execute their orders.

If they are just doubting and doesn't apply anything then I guess this is the start of their wrong decision done. If they are also a trader it will be to bad for them to buy at the top since there's huge chance for their money to melt especially if there's sudden correction happen. So everything may vary depends on what people do.

nakamura12

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Quote from: Ambatman on November 21, 2024, 06:02:21 PM

Check your stats well Bitcoin has never touched or fallen to $25K this Year.
The last time we were in the position of early to mid 2023
Except you meant 18 months.
The cornz favour the patient and strong hands.
Now $100K that felt quite far is already at our Doorstep.

That is true since most of the time the price of btc is at 40-60k at that time when the price didn't reach 90k. As of this month, the price did not reached 100k yet but many people already consider it as 100k when the price reached 99k which is a 100 less from getting to 100k but as you have said, 100k is now at our doorstep waiting for it to happen at any moment. It really is a sight to behold when I clearly remember bitcoin price ranges at 2k to 3k before and now it is more than that.

Faisal2202

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Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

And when it was at $16k people said BTC is going to be zero and it won't get any investments again but it did not just pumped from that point to $99k but it got its' first ETFs approved in a power country USA by officials and now a crypto friendly president is talking good about it. I wonder how a currency can be manipulated in way that no one sees it and I think that's not exactly what it's happening here or maybe but in the long run it's price went ATL and then ATH and then ATL and cycle repeats it self.

I think the cycle will still be repeating itself, and all we can do is, use risk management to safe us if it won't repeat and if it repeat proper plan should be in place already to make a profit. Overall, BTC is really exceeding all of our expectations and maybe in the next cycle it will do wonder. I am hearing some Chinese companies are also investing in BTC means maybe in future China will open its doors to adopting BTC as well.

KingsDen

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Quote from: Tmoonz on November 28, 2024, 03:01:10 PM

I totally disagree with you on that bolded part because it is Bitcoin we are talking about there is no time ideal than investing when you have your money readily available, there is nothing absolutely wrong buying even at the peak price, it is pretty much ideal to invest during the bull season and bear season, one thing we should always understand is that Bitcoin is best appreciated over a long term hence there is no point timing the market conditions before investing, secondly the market can be very uncertain which can make you miss good buying opportunities while waiting for an ideal time to invest.

Hmmmm!
Your disagreement or advice comes with conditions please. If anyone doesn't follow the conditions, they will surely cry when they buy the peak.

You only buy a perceived peak when you are ready to wait for two circles.
You only bull during the bull run if you don't want to use the money for your next month rent
Else you are a trader who is seeing from shoulder to head.
Also the DCA method can be ok for it, because you will be buying randomly over a long period of time.

So, for newcomers, it is fine if they buy the bottom. But knowing the bottom is where the problem lies.

Fiatless

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Quote from: Tmoonz on November 28, 2024, 03:01:10 PM

Quote from: Fiatless on November 28, 2024, 02:25:58 PM

Bitcoin is now the headline in most financial newspapers because its price has increased significantly. But the majority of the people who are rushing to buy Bitcoin now, are just driven by the desire to make a quick profit. But they fail to understand that the ideal time to invest is not during the bull season. [/B[But if some of them are willing to learn, they might end up gaining from the sector if they are patient enough.

I totally disagree with you on that bolded part because it is Bitcoin we are talking about there is no time ideal than investing when you have your money readily available, there is nothing absolutely wrong buying even at the peak price, it is pretty much ideal to invest during the bull season and bear season, one thing we should always understand is that Bitcoin is best appreciated over a long term hence there is no point timing the market conditions before investing, secondly the market can be very uncertain which can make you miss good buying opportunities while waiting for an ideal time to invest.

You are correct that the best time to buy Bitcoin is when you can afford it. If you are adopting the DCA stractegy to accumulate, it is fine to buy at any given price. But if your option is Lump sum pattern, you will agree that the ideal time to buy is what the price have dropped significantly.

My response is targeted at people who see Bitcoin as a fast means to make money. There are many people whose intention is to buy Bitcoin now and sell it next year. My advice to them is that they wouldn't get the best deal now, maybe if they had invested two years ago, it would have been more profitable.

Yes the market is uncertain but based on historical pattern, there will always be a bull and bear season. Based on my assumption, it is possible that Bitcoin might drop below $70k within this coming cycle.

Tmoonz

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Quote from: Fiatless on November 28, 2024, 02:25:58 PM

Quote from: Natalim on November 26, 2024, 04:58:53 PM

Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

With bitcoin, patience is the best virtue. If you can’t hold your bitcoin longer because you are in rush of your profits, you will never get satisfaction from your bitcoin investment. Long term hodling is the key, even how long it may take, the realization that bitcoin will never stop from reaching all time highs, then it’s best idea to just buy and hold, and only sell when the price is right and impressive.

Bitcoin is now the headline in most financial newspapers because its price has increased significantly. But the majority of the people who are rushing to buy Bitcoin now, are just driven by the desire to make a quick profit. But they fail to understand that the ideal time to invest is not during the bull season. [/B[But if some of them are willing to learn, they might end up gaining from the sector if they are patient enough.

I totally disagree with you on that bolded part because it is Bitcoin we are talking about there is no time ideal than investing when you have your money readily available, there is nothing absolutely wrong buying even at the peak price, it is pretty much ideal to invest during the bull season and bear season, one thing we should always understand is that Bitcoin is best appreciated over a long term hence there is no point timing the market conditions before investing, secondly the market can be very uncertain which can make you miss good buying opportunities while waiting for an ideal time to invest.

Fiatless

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Quote from: Natalim on November 26, 2024, 04:58:53 PM

Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

With bitcoin, patience is the best virtue. If you can’t hold your bitcoin longer because you are in rush of your profits, you will never get satisfaction from your bitcoin investment. Long term hodling is the key, even how long it may take, the realization that bitcoin will never stop from reaching all time highs, then it’s best idea to just buy and hold, and only sell when the price is right and impressive.

Bitcoin is now the headline in most financial newspapers because its price has increased significantly. But the majority of the people who are rushing to buy Bitcoin now, are just driven by the desire to make a quick profit. But they fail to understand that the ideal time to invest is not during the bull season. But if some of them are willing to learn, they might end up gaining from the sector if they are patient enough.

Zigabel

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Quote from: Crypto Inferno on November 21, 2024, 02:44:59 PM

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.
https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

Before now there ave been predictions that Bitcoin was going to get to this point and only a few experienced bitcoiners forsaw it could go this far, because they have seen Bitcoin done multiples in years before now but for the newbies, it was probably a thing they couldn't just believe because somehow it sounded crazy how $25k was later going to be $90k within a Year but seeing this possibility now, I believe they will learn and some other time they will know how better to handle it.

MarjorieZimmermanGinger

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Quote from: AmoreJaz on November 26, 2024, 06:01:02 PM

Reaching the 100k level already give something to ponder on for noncrypto users up until now. If you are outside of this market, for sure, you will be curious as well why this market is soaring high. And you will start digging what's in it for you to join the craze. I guess, that's the normal reaction of any user.

The price increase level is almost touching $ 100k then I am sure we will see bitcoin reach that price before entering the new year. There are many people who are starting to pay attention to bitcoin right now and after the quite maximum increase in the last few weeks, people are getting more interested in learning about bitcoin. This reaction is natural because for people who are outside of crypto, they must think something very strange that bitcoin can be like this because they never predicted bitcoin would be like this. I am also sure that there will be a lot of adoption after this because people start looking for a level of comfort in making investments based on independence and that is all in bitcoin.

Topic: BTC is exceeding expectations, what a time to be alive. - page 2. (Read 887 times)