Topic: Do you still appreciates the price of Bitcoin if it hasn't be your history price (Read 426 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.

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.

Most holders probably didn't buy BTC at those historic highs, because there's not only long-term investors on the market, but also speculators who buy and sell every day, often many times per day. And they will always cut their losses if it seems like the price is crashing fast, so if they were active during the ATH, none of them is holding till now. I seriously don't believe that there's a lot of people who bought at $60K and still hold - those could only be the newbies who invest for the first time in their life.

I feel like I do not look at the historical data for comparison, I do not even look at the current price or near price neither, speculation to me is the long term. I speculate that in 10 years bitcoin price will be enough to help me retire, and that is the most important thing. Not that I have much nowadays due to some life issues and I have been like this for the past 3 years unfortunately since the start of pandemic and it's been terrible.

However, the fact that I do have a sense that in 10 years it will be huge, is a speculation and I do not have a proof. If someone talks about the price of something in the future, they are speculating because they have no proof what it will be in the future. That means we are talking about something that will be just like what I am talking about. Sure most people speculate about the next month or year, and I do that for 10years, but it is still the same. I believe that it is going to be high, and I buy because of that reason.

Hi,  EluguHcman

In trading you cannot predict what ordinary individuals or even the so-called whales will do, unlike you can speculate with institutional ones, which in fact are part of the "magic ball" of prediction.

So, the main orientation in a technical analysis is the graph and you look at the historical data, and based on that you make decisions.  (short analysis)

Based on that data and the price of bitcoin my action is determined, therefore it is not about whether it is pretty or ugly, or!  If the price falls well or badly on me, that is, the price of the moment determines my percentage of profit or loss.  Then, if that percentage gives me a ROI +, I appreciate it (price)

(Imo)

Can you make it a profited count if your present rate of value is lower than your past?
Most Bitcoin investors has been so excited and appreciating the current Bitcoin markets value since the approaches of the bullish runs while expecting the skyrocketing bull-runs.
So my question is... If Bitcoin price at this era would hit maybe $47K as it was in 2022 or $68K as 2021, I am sure investors would be appreciated about the level of volatily but would those who accumulated their Bitcoins and had experienced such values in the history count an appreciatable profit? Because I feels they should be expecting a higher price value so as to beat their experience price histories.