Topic: Do you still appreciates the price of Bitcoin if it hasn't be your history price (Read 433 times)

I think so far it has repeated itself, which makes people question what if it does it again. For the biggest example, in 2016 it was decent and in 2017 it was great and in 2018 it was terrible, you look at it and in 2020 it was decent, in 2021 it was great and in 2022 it was terrible, so that begs the question, maybe in 2024 will be decent, in 2025 it will be great and in 2026 it will be terrible?

So far we do not really have any proving point that it won't be, and this is why people try to invest carefully, and that usually ends up being something that could be a bit more important than we would like to care to. That is a way that I have to think as well, and I believe that the best thing we could do in regards to this would be holding and seeing if we are right.

though it happens sometimes mate , and indeed that history does not repeat itself
completely but some part happened almost similar to the past , so maybe or not but there is possibilities .
risk is always in every profiteering but our tolerance and trust that will change the game .

When you are patience in your Bitcoin holding despite the panicking of other holders to rush to release their Bitcoin and you continue holding till the massive bullish arrive in the market before you can sell to make a good income that will make others holders to try your pattern. Those that have the knowledge of Bitcoin investment always found it easy to identify a huge amount of money from their Bitcoin investment, because they know when to buy to expect income in the future and they know when to sell to experience plenty money from their investment. Long term holders always make a huge amount of money, because they made up their mind to hold their coins for long to achieve what they have never experience before in their investment but short term holders always sell, once is five months or six months to make a little money.

One of the main problems with traders is that they have the tendency to overthink things up, they do analyses about the market that are so detailed and consider every scenario that the only conclusion they can come up is that literally anything can happen, and while this is in a way correct, at the same time it is a useless conclusion, since it does not really tell you anything about the market and how likely a movement in one direction or the other could be.

So we need to simplify our analyses while we still can get some useful conclusions out of them that allow us to act upon them.

Why would it matter anyway? I mean if they held on and didn't sell, that simply means they were waiting for more and don't really need to immediately sell regardless of whether it hits a certain price point or not. Naturally, they expect to sell at a higher price point but I don't think it's a reason to be disappointed since they can simply wait for whenever the next one comes, hopefully hitting their target. That, or they just really like Bitcoin so they're holding on to it regardless of its price.

It might change if they suddenly had a change in terms of their financial situation though. Highly doubt people who can hodl for a few years would have such an issue though

Set aside your emotion and just look at the numbers, by doing this you can easily tell about the status of the market and you will not hesitate to buy more because you know that Bitcoin’s value will continue to pump and new peak will be made in time. Let’s not focus more about the negativity of the market, don’t feel FOMO and stay focus on your strategy, also panicking can’t help you aside from losing the money because of you being irresponsible.

If i truly believe in bitcoin and have the understanding that it's a reliable digital cryptocurrency that deserves my trust and investment, then i shouldn't make an expression of FOMO anytime I see there's a change that could spike out fear in what we have ad bitcoin market price, we've seen the worst dip and yet bitcoin rises and moves back it way upwards to where it's coming from, same also happened when the market rises and reached a new all time high, we still have the more confidence in it to remain that same valuable digital currency, when something is volatile, then we should expect more about this.

Profit is a profit but I get what you are trying to emphasize here. A good trader will always consider the current scenario for their trade instead of referencing the past for their target profit. It’s a case to case basis on how you will use the previous milestone on your current trade but since we are talking about Bitcoin, I personally looking for the price to be above the ATH to appreciate more the profit that I can get since I already experienced this kind of bullish market before that is identical to the last bull cycle.

If I understand you correctly, I’ll try to answer.Everyone has their own investment plan, even if Bitcoin were 50k tomorrow, I won’t sell it because I expect the price to be higher. Just like now, the price is at its peak for the last period and someone is already clearly in a good profit and can sell right now, but there are those who have been suffering losses for a long time. The record is not coming soon, perhaps in the spring we will see something more than the old records.

Its undoubtedly positive to investors since even at current rate they can see a profit coming in their wallets especially if they buy their share at much lower price.

But I don't think those people who wait for long time is happy with current situation since for sure they regret their decision not to buy when bitcoin price still at low.

And right now when it pumps they are doubting again since they are afraid of possible dump that might happen. That's why people should not afraid to buy especially if bitcoin is encountering a price decline since this is golden opportunity for them to earn.

If the current price of Bitcoin is below your buying price it would never be appreciated since you haven't benefited it. If your ROI is still positive even if the price dips down a little bit, as long as it's positive you would still appreciate it because you are still in profit. Honestly, those who didn't invested in Bitcoin might also benefit and appreciate when the price of Bitcoin increases since most alts will follow.

It depends on what kind of investors they are. If they are a good investors they will really appreciate. Besides, most of successful investors are appreciative and have good qualities.

It has given us more than 100% returns from the lowest low of $15,500. So that is already huge for everyone who stay on the market or bought at that price last year. So I don't know why the OP or someone will not appreciate the price today.

But let's say that we did buy above the current price, so what will be the strategy? Obviously not to sell because you will be on the negative side. And then maybe it's you buy some, keep stacking and HODL. It might take a lot of mental fortitude on your side, but for me the game is to a long term holder. Just wait till the next bull run and if by chance the price hits all time high of more than $100k, then that is the time you can sell and make profits.

This thought can also be seen and asked on 2018 about how Bitcoin and the entire market plummeted a lot. There were those that have bought at the peak of $19k-$20k and then many have doubted Bitcoin will recover back to its former ATH. So, the same sentiment has been told like they just have to hold and believe the market that it will be back and more than it was before. Did those people that suggested to hold were wrong? No, they're right and suggested the right thing to do. It wasn't just all about giving them the spirit to accept their paper loss because as long as they get to hold it, they can still recover when the market recovers as well. And those that have managed to held until 2021 probably were in profit already and even we can say that the price currently is low compared to 2021, those who got into the peak of 2017 were happy now. But I don't know if how many does that still held until they can. Investing requires a lot lot lot of patience, if you're not for it, you're out already long time ago. I may not be the right person to answer it because I've bought at the lowest but seeing those highs and lows, they've all given me an emotional impact and fortunately, survived all of them. Someone who's in the situation of both in the peak of 2021 can just do the same and have that same patience like what we us did applied.

The recent climb in Bitcoin's price is undoubtedly positive for investors, but determining whether it amounts to appreciable profits depends on one's cost basis.  Those lucky enough to buy Bitcoin at lower prices are likely quite pleased with their returns.  However, investors shouldn't assess portfolio performance on a single asset in isolation. 

Savvy investors take a diversified approach, building positions over time and across price levels.  This balanced philosophy helps smooth out Bitcoins famous volatility.  Ultimately most seem less preoccupied with the day-to-day price action than confidence in the long-term value proposition of the asset.

OP, you didn't give a specified year, you want us to appreciate the bitcoin price if it didn't get to the price we speculate it to be in price. Nevertheless, this month alone, bitcoin has been hovering around $40k-$45+, if it manages to get to $45k at the end of this year, I will appreciate the price because the price wasn't around $45k at the beginning of the year, but rather it was low as $15k price tag. At least a big increase in price happened only this year

I always think things very well, and I have also done things that are within my reach, for example reading a lot of articles from traders who are quite successful and always live up to the price predictions, and that is why I mean, the Price of bitcoin can reach $50k, I think it could be at the end of this year or at the beginning of 2024 , but where I know that a good price can break is for this 2024, because many traders and many investors are thinking. u can do it right now.

Investors do not want to sell bitcoin when it is at a Good price and for that Reason bitcoin can rise to a high price level, I do not sell the little fraction of bitcoin that I have, which is too flat for me to Reach a bitcoin, but those who have bitcoin should think about it and do much more hodl , that way you can be and amass a better fortune, that's what we Always see.

just need to see how the price will go, if it will stay above $40,000 this will be a very appreciated price and wait for the price to rise until it exceeds the last ATH at $68,000. Whatever the price if they become true Bitcoin fans, he will not doubt it. you just need to see how far the target will be achieved. I think the target this time is still quite far away and there are still many opportunities to continue collecting it.

You can never appreciate the price if you are buying during peak so investors keep holding rather than selling for loss.
This is the risk of investing in Bitcoin and that is how important to analyze the market sentiment, not just buy without any idea if this a good timing or not. But for those who buy Bitcoin at $30k, they are now happy now upon seeing the market pumps.

Well, investors have their way of making a profit and I was sure that they are smart enough to make a decision that gives them a favor otherwise, it was a failure. For me, I don't use the past price to measure a profit but rather consider the present situation. Still, buying low and selling high applies.

I don't understand what you're saying here. Why do you suddenly bring to the discussion the current ETH markets rate when we were talking about Bitcoin?

As I have said, everybody who bought Bitcoin whether at $69,000 or $50,000 or $20,000 are all appreciative of the rise in the price. To those who bought Bitcoin at $20,000, they are happy that they're already making good profit. To those who bought Bitcoin at $50,000 or $69,000, they are still happy because their losses are getting smaller. They're happy that they waited. Their hodling pays off. They're on the road to recovery and eventually to make gains.  

If you can not hold, you can not get rich but to hold, you need enough patience to stick with your holding and investment plan.

Because the Bitcoin market is zero-sum game. If there are winners who get good profit in Bitcoin market, there are also losers who lose money in this market.

If a person can hold their bitcoins, there will be a chance to get rich. The challenge is how long the holding time is, it must be like 4 or 5 years.
https://hodl.camp/

People lose money because they trade, don't hold and worse they use leverages for trading, then their bitcoin collateral was liquidated by centralized exchanges.

People who think it's hard to get profit with Bitcoin will have to see this ROI chart.
https://casebitcoin.com/charts#roi_chart
They will see very good ROI by holding a few years.