Topic: Do you still appreciates the price of Bitcoin if it hasn't be your history price - page 2. (Read 337 times)

More panic when selling at low prices plus scattered fud although fast takeprofit is also interpreted as a panic sell for some people, for me it is enough if it is more 10-25% of capital, anything can be done as long as you don't lose too deep if you only focus on turning money on bitcoin, the cheaper it will feel the decrease in money you have because it may be limited in the number of bitcoin decimals you have. Bitcoin is indeed different from other cryptos because I observe that currently it will be able to take ATH from ath 2021 (faster recovery).

Most people buy when the price goes up because they are hit by fomo from the previous normal price and do not recognize their own trading plan, the name is buying of course related to different physical money if bitcoin can be from giving of course the potential for psychological calmness is more persistent, another factor is because the money is cold, I think everyone will be happy to see the growth of their money and sell for their desires including hobbies even though they regret it later and wait for a deep drop long enough

Logically, if there is no progress from the previous year and the price continues to decline, of course I myself also sell it, and look for other cryptos that can still potentially get a fast profit , even if it is not too big, at least it can recover from the previous minus, but for bitcoin if there are more funds bitcoin is highly recommended and it is a form of investment that is tough and clear.

Do remember, there are long-term holders who won't care about the accumulated value of Bitcoin because they are expecting more from it in the future.
So profits won't matter to them yet and they will just keep on holding their Bitcoin until they see the value of it grow to a price that would satisfy them.

Short-term holders though can answer this question easily. Those who take advantage of the volatility of Bitcoin because they know that it has a high fluctuation market. Those who bought at $60k during the billionaire's hype will not appreciate this yet because they are not yet at ROI. But those who bought before that are probably happy now even though they forgot to sell at the last ATH. But I doubt they will be selling considering the upcoming ETF approval. They might just keep it for now and wait for another ATH to come and maybe that's when they will sell. Or not, because halving is also around the corner.
About those who are accumulating Bitcoin using different means, yes, I do believe they appreciate what is happening and even if they sell now, there won't be a problem. The only worry is when will be the next entry point if they will buy back because I doubt the Bitcoin will be dumped again considering all the events that will happen.

Bitcoin price history is just part of the past, and there's no even concrete reason if history will still repeat itself, so I don't put too much emphasis on the price history but most particularly on the future price of bitcoin. We all know that bitcoin has a brighter future because of its huge potentials to succeed, and most likely will continue to skyrocket its price as long as it's capable to.


Once we decide to invest in bitcoin, then we need to appreciate its price every now and then. Although it's undeniable that bitcoin has also its inevitable lows, but because the people believed in it, people have seen high utility case for bitcoin, then definitely bitcoin will not disappoint us in return as long as we have the patience to wait and understand the market's uncertainty.

Doesnt really matter much right? Doesnt matter whether the price had passed up on a particular level as long it would really be always above our purchase or buy price then this what matter the most.
For sure majority of us would really be having those kind of regrets but doesnt matter because the important thing we do have now is on how to make profits in disregard with the current price.
It would really be just that normal that we would really be having those kind of regrets whenever we had missed out those opportunities on buying lower considering if ever the price would be shoot up to the moon
then we do really always love on trying to look back on where we had started.

Well, just like on what most people been saying that it wont really be that much of an issue because the main consideration and concern on here is to make profits.
If you are a holder then these movements wont really be an issue for you,whereas you could really be always decide to hold it up
no matter for how long.

I know for sure that we have not reached 100K$, so no my friend, I did not make a mistake with the number, I am saying that some people will not sell until the price of Bitcoin reaches 100K$ and I never said that we have reached this number before.

I know as everyone knows that Bitcoin's ATH was around 69k$ and all what I said in my post was that some people wouldn't sell before Bitcoin hits 100k, that's just it.

In any case, thank you.

We haven't reached $100k yet, so you need to replace the amounts in your example. However $70k is higher than what we have last time, so it is called an ATH. Who won't be happy with that price anyway? For sure, many are going to sell as that is already guaranteed than waiting for the $100k and later price which we don't know if it will happen for real. Even if it let say it's possible, that'll still take time to occur. Besides, we can still buy back again at the dip.

A profit is still a profit, no matter how small it is. It's is obviously fine to sell at that point than to sell at a loss or even if we are still break even. If it's about the BTC performance only. We need to appreciate whatever movements it was making because I'm sure BTC always tries its best.

Most of the people who trade in and out of Bitcoin and talk about those who earn profits have a problem being patient. Bitcoin is very easy to make a lot of money as an investment and it is also very easy to lose a lot of money. The difference is whether you try to trade for profit or just buy and hold. People who buy and hold for years have traditionally done very well while traders inevitably go bankrupt.

Still really appreciate it to this day. The price of Bitcoin has always been in a very good position compared to other coins.

It's a different way of thinking for Bitcoin holders than traders. Everyone hopes for a higher price and when the price of Bitcoin passes the purchase price, I think they will let it go and will collect Bitcoin again when they feel the price decreases again.
If they buy at $40k, they will hold until the price of Bitcoin increases to $50k or depending on how they do with the Bitcoin they own.

Although your post isn’t that too clear enough but from what I deduce is you think those that invested in the past wouldn’t be appreciative of the increase. I would say your assumption isn’t right because those people didn’t necessarily invest at that top price, most of them are skilled traders at such they bought in different prices using the DCA method. If you calculate the average now they would probably be in profit. Microstrategy is a clear example, when the price of bitcoin was low as $15k last year they were in lost but they still bought at that low price because they know the price will bounce back.

The only people that wouldn’t be appreciative of this price is people that haven’t accumulate as much as they would want and might feel they have miss the opportunity to buy low before bull run

We will appreciate even a slight increase because we have seen a large dump like that of 26k$ therefore if any minimum increase occurs then holder of bitcoin will appreciate it. Although those individuals who bought Bitcoin at 69k$ price will not be happy with this price but as the is examine the gradual increase so they will be satisfied due to coming Bull season.

Not only experience traders assume about the Bitcoin price that it will hit 100k$ but all other traders or investors are in hope that the price will soon cross the value of 70k$ but the main thing is the buying price and the profit and appreciation from the people will totally depend on the buying price of the Bitcoin so if they have bought Bitcoin below 30k$ then they will be in profit and will appreciate this pump mechanism.

I think some people will be happy with 70k and some will not agree with 70k and they will consider that price will go more further. I think that if you have more advantages of your profit then take it and don't be so greedy that you lost your own profit also.

You would really be having that kind of feeling on not to have that kind of excitement or feeling just because you had already witnessed out those numbers specially into those previous bull run cycles where prices is
almost on the rooftop on which on the time that you do already see those digits and since this market had made out some correction, then that kind of excitement would really be that not present whereas it would really be different into such condition or situation that you've been seeing that you are really not be able to see those numbers wayback. You would really be having that kind of anticipation
and this what makes some bit excitement whenever you do see some price rallies.

Somehow it would really be just that depending on a certain individual since not all would really be that excited when it comes to price movement as long they do make out profits
with those movements then this is what mattering the most. If you are a holder then you wont really be that minding that much or wont really be
such an issue if ever these movements do become deep in terms of pump or correction.

More than price or the peak price at bull run the entry price matters the most and I will mention two such scenarios below:

Scenario #1: let's say Bitcoin hits $100000 and i took entry at $90000 i would have hardly gained 10% but for outside who looks at the Bitcoin price it would look huge as they are looking at Bitcoin's value not my portfolio. This is something you are referring here.

Scenario #2: Now let's take current market pric as an example which is $43000 and if I would have taken entry at $20000 then I have gained roughly 115%, though Bitcoin has not crossed previous ATH but I gained huge amount of returns.

I would prefer own profit over the overall Bitcoin value.

The market price of ETH? You may be a Typo.

When it comes to how Bitcoin is bought for long-term hold, it will depend on how much you trust Bitcoin and can reach a higher price.

Although the market price of Bitcoin still hasn't touched your nearest target and is even more likely to be bearish below your buy price, it won't be a problem.
Any investor who believes in long-term holding power will still appreciate and if they have spare money they will do DCA.
That's what it should be doing, rather than just regretting the decline.

Exactly the contexts of the thread. So that is literarily to say that those who hit the Bitcoin market far above this current bullishness even if it finally skyrockets but not yet to the value rates they bought their coins, they are literarily going to frown against the current ETH markets rate while other Investors who bought below are being appreciative.

This varies from one person to another. Some will see that the profit they get at the price of 70K$ for Bitcoin will be very good, while others will see that they should wait until they achieve at least 100K$, and others are greedy for more than that.

Therefore, this issue remains relative and relates to the personal conviction of each person. There are those who prefer to reap profits early at any height, while others wait for the crop to mature more than that and obtain the highest price to achieve the greatest profit.

There are some investors that sold their Bitcoin last week when the price of Bitcoin reached $43,000 because they bought the Bitcoin early this year when the price of Bitcoin was still running between $18,271 and $20,000. If the price of Bitcoin can still reach $47,000 or &50,000 before the end of this year 2023, I believe it will be more appropriate by the investors because majority of the Bitcoin investors are looking for Money to celebrate the new year which will be the reason why they will appreciate if the price of Bitcoin can go higher than $42,000. Like those waiting for the price to hit $70,000 before they can sell to beat history in their investment, but they will not sell their Bitcoin when the price increase back to $69,000 because they have experienced such amount in the market before.

So like this, the profit is seen from the value which increases based on the conversion of each fiat currency, but because of this Bitcoin, even though its (fiat) value decreases due to volatility, the amount of Bitcoin we have does not decrease so the profit side that I see is only from that. . It doesn't matter if we have to experience a downward cycle in fiat currency because we still have a fixed amount of Bitcoin and over time it has more and more value in the future. Personally, I don't worry about this and what I focus on is not the fiat value but the amount of Bitcoin I own.

I miss something in the post or you did not express your idea well.

Profit comes only if your sell price is higher than your buy price. It must count for fee from trading fee too. If a difference between buy and sell prices is too small, it will mean nothing after you take trading fee into account (trading fee for both two tradings, buy and sell).

In any market cycle, there will be people who buy low, sell high and other people who buy high, sell low. Even more, there are people who buy low or even buy high, miss the all time high, miss the chance to take profit, then they hold their bitcoins and wait for a new bull run.

You only get profit or get loss if you sell your bitcoin.

MicroStrategy and El Salvador got profit with their investment in Bitcoin, with continuous DCA.
https://saylortracker.com/ (42% ROI)
https://nayibtracker.com/ (about 2% ROI)

The OP doesn't express himself very well but I'll answer what he seems to want to ask, which is something along the lines of if you bought at a higher price than this, you appreciate the rise in Bitcoin.

I believe you do because otherwise you would have sold. Normally those who first bought at $60K or higher all the way down to $17K most sold out of FUD and panic. If anyone has held on all this time what they are going to see now is that we are on the doorstep of the best.

Of course you would still appreciate that Bitcoin's price is rising even if you bought it at a much higher price. If you failed to DCA and bought at the top, then you don't have a choice but to hodl and wait for the price to go high, higher than your buying price so that you will make profit.

But besides waiting, if you have the money lying around and you still hodl because you believe that the price would one day create another ATH, why don't you slowly DCA while the price is rising so that you can have bigger profit? I think that's the practical choice.