BTC is exceeding expectations, what a time to be alive. - page 4.

Marvelockg

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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

one thing about looking back at how far bitcoin has come and even looking farther to the bitcoin pizza story and considering how profitable the dude would have been if he had not exchanged his bitcoin for some piece of pizza or how he should be regretting by now if he is alive and sees bitcoin getting to $99k, there is just nothing anyone can possibly do about the past.

what if in the next three years bitcoin will gets to a million dollar? for now, that might look very huge to talk of, but you can't tell until that time eventually comes and you are faced with the reality that you missed out on an opportunity because you didn't know what the future holds. some people will take out their profit at $100k while others will keep holding, even after taking out your profit and even though we know that it's not the best of decision, whatever decision you have made in the past has gone and what's now left for you should be to face what lies ahead of you in the future and nothing more.

gunhell16

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Right now it seems like there is a little liquidation or retracement in the market, but it still can't be considered a real correction, I really feel that it will just have to push to reach 100k$
and then it will be recess time until 110k$.

That kind of price scenario is what we see if it will really be the beginning of a severe correction in bitcoin that will really happen and then alts season will also happen
in the market here in the crypto space.

dzungmobile

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Quote from: Maslate on November 23, 2024, 06:13:51 AM

That was a long time ago, and they’ve probably moved on by now. It’s similar to those who mined gold in its early days, imagine how they’d feel now seeing how expensive gold has become. But that’s just how life works; no one can predict the future with certainty.

It's hard to compare the past and the present with many different conditions and such comparison has many bias factors.

Quote

Also, not many smart people today bought Bitcoin when it was just $10. Most jumped on board later when Bitcoin was already pricey because they could see its potential with the growing adoption. Instead of dwelling on the past, why no focus on what’s ahead as Bitcoin is likely to hit $100k soon, so why not aim for the next milestone, like $300k, and position yourself to profit from it?

You can outsmart many people by invest your money in bitcoin, hold it, and wait for late comers who surely will come because Bitcoin adoption has been increasing with a magical exponential rate ever.

You can be late comers compare to many people who joined Bitcoin market through either investment or mining in previous years, but there are many people who are later than you. If you can not hold your bitcoin, your debut time in this market means nothing for your investment career and your personal prosperity. You joined earlier than them, but make sure you convert it to massive profit in future.

Maslate

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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

That was a long time ago, and they’ve probably moved on by now. It’s similar to those who mined gold in its early days, imagine how they’d feel now seeing how expensive gold has become. But that’s just how life works; no one can predict the future with certainty.

Also, not many smart people today bought Bitcoin when it was just $10. Most jumped on board later when Bitcoin was already pricey because they could see its potential with the growing adoption. Instead of dwelling on the past, why no focus on what’s ahead as Bitcoin is likely to hit $100k soon, so why not aim for the next milestone, like $300k, and position yourself to profit from it?

TheUltraElite

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So anyway, I applied as a merit source :)

I think one needs to moderate everything in life including emotions. Dont get ecstatic because of the rise in price of bitcoin. It will come down back and then you can buy some coins for future. Right now it is selling time in case you have had bitcoin and need to cash out.

Surreal or not, we have to keep our feet on the ground and for that we need to understand that once 100k is reached, there will be massive selling pressure. So be prepared for that and keep cash at hands to buy bitcoin.

avp2306

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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

The problem with some people who already know about bitcoin before is they only got interest to comeback when bitcoin gets a crazy pump like this. Then regret not to buy some amount before then hold it up to this date.

If they just do some nice action and buy then hodl their bitcoins before then we cannot say that word about its good to be alive again and feel in pain upon not taking anything since $25k in value just like what you have said.

This is how long term holders win since they have patience to wait for long and certain event like this and now they are the one gaining a lot from bitcoin and those who regret say those word that they regret for not buying bitcoin before.

SquirrelJulietGarden

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Quote from: hugeblack on November 23, 2024, 04:35:21 AM

You can't blame them, when you could produce 50/25 BTC effortlessly and sell it for $15 a BTC, it was a great deal, you could easily make hundreds of dollars a day or a week and a $10/$500 BTC deal was profitable.

if you think that Bitcoin is expensive and $99k is high, I remember when $9000 was overpriced and everyone was hoping to sell at those levels and there may come a time when $99k will be too cheap.

Profitable price today can become loss price in future and expensive price today can become profitable price in future like your example. In 2017, $9000 was considered as overvalued but then Bitcoin soared to nearly $20,000 before a bear market in 2019 and 2020.

Pi cycle Top indicator
https://www.bitcoinmagazinepro.com/charts/pi-cycle-top-indicator/

Bitcoin Fear and Greed Index
https://www.bitcoinmagazinepro.com/charts/bitcoin-fear-and-greed-index/

Realized Price
https://www.bitcoinmagazinepro.com/charts/realized-price/

These indicators are in my watch regularly. With Realized Price indicator, a bottom of next bear market can be around $40,000 but it can be higher if Bitcoin continues to soar more in this bull run.

Fiatless

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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

Someone said the best time to buy Bitcoin is when you can afford it. This advice is becoming very real to me. Don't wait till the price gets to your expected bottom before you buy because it might never fall to that point.

The reason why someone is willing to buy Bitcoin even at $99k is because he believes that the price will exceed the current price. Bitcoin has the potential to get to any price, that's why we should not be in a rush to sell.

NeuroticFish

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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.

Well.. first of all, there were already expectations about reaching 100k in the previous cycle, some 3 years ago. So imho your title is incorrect for now (it has huge chances to be correct though, and rather soon).
Then, those selling clearly had different expectation, as already mentioned by others.
The price from 8 months ago is, again, not the best indicator, plus, after the price going parabolic the difference from past prices is .. yeah, huge.
And I will end with the fact that while you are thinking to those selling at under 10k, you are forgetting those selling at under 1k or even 1$ (!). I also mean that you should always check the full scale.

hugeblack

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You can't blame them, when you could produce 50/25 BTC effortlessly and sell it for $15 a BTC, it was a great deal, you could easily make hundreds of dollars a day or a week and a $10/$500 BTC deal was profitable.

if you think that Bitcoin is expensive and $99k is high, I remember when $9000 was overpriced and everyone was hoping to sell at those levels and there may come a time when $99k will be too cheap.

pakhitheboss

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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.

Those who sold their Bitcoin when it was $10 never expected or imagined that it would be near $100K someday. It took time and will take a couple of days to reach the biggest price point in its history. Going low and again bouncing back with new ATH makes Bitcoin so interesting and attractive. We have seen lows this year but I doubt it went to $25K. The lowest it went this year was $42K which was on the 1st of January this year.

BADecker

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As of this post - check the timestamp - Bitcoin's all-time high is a little over $99,300.

Cool

fikrett

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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.

Keeping diamond hands in place => getting the best out of the situation currently. We are not done with the rally at all.
Just stay strong, brothers. And don't mourn what's already gone.

tranthidung

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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.

They can be regretful about their past sales or not, but past things are unchangeable so to live happily, they have to move on and forget about it as best as possible. If they live with their past mistakes, it won't help them to get any extra money, but cost them a lot in life quality and mental heath as well.

Quote

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.

With Bitcoin, if you can hold, you can be rich. A longer you hold it through more market cycles, the more profit you will get. Let me emphasize, you must hold through market cycles to get profit, because if you hold in like 1 or 2 years and unfortunately these years start in bullish to bearish, you will get loss, not profit.

HODL camp, Bitcoin profitable days can give many new Bitcoin investors stronger hands to hold, not only in this cycle but I hope they will do it in more future cycles.
https://hodl.camp/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

Dave1

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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

Correction though, our lowest low in the bear market is $15,500. So I guess that is already a good gauge for us to say where we at at the lowest point and then where we are right now.

I'm not sure where you got that $25k, in the last 8 months, because if we look at it, around March, we already had a pre-halving ATH of around $69k. So just a piece of advise, before you post, just get the facts straight.

And for the expectations? Even before the start of the bull run, people are already predicting that Bitcoin will be around $100k-$150k so I guess we are still on target.

Ambatman

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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.

Crypto Inferno

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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

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