Topic: Throwback: Bitcoin was $64k today, a year ago. - page 5. (Read 1538 times)
I remember those days like it was only yesterday. I'm surprised it's been a year. I think it's normal to drop. The value of bitcoin could not be expected to increase continuously. After each value increase, there will be a decrease. But such a drop came as a surprise, since everyone thought that bitcoin would reach the value of 100,000 dollars. The value of bitcoin will remain at the 20,000 dollars levels for a while longer. I don't think there will be a rise for at least another year.
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A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.
That was not the only thing that happened. I think most of us were expecting the price to go much higher. At least 100,000 USD, and that was one of the most bearish predictions out there. There were also a lot of people and institutions using leverage, which were subsequently cascaded out, houses like Celsius and others had the problems that we all know.
Now we just have to look at the next halving and what will happen next. I think the price will go up before the next halving but we will have a lot of monotony.
interesting to share this information, reminiscent of last year's history of profit buying some altcoins and selling them exactly a year ago, now is the right time to buy them back at cheap prices, I know it will be profitable for me in the next few years, believe me buy it now is the right time
Now is the time to buy bitcoin, not altcoins, that will be the only coin that will be able to recover from this bear market. Altcoins are too risky to buy during bear season even though their prices are cheap but there is no guarantee that your alts will recover like bitcoin. Remember that the old altcoins of 2017 they cannot revert to ATH and are replaced by new altcoins.
History may repeat itself, bitcoin recovers altcoins will be displaced, focus on bitcoin if you want to feel happy again when the bull season returns, when bitcoin will hit $100k.
Time passes quickly as usual. I still remember BTC soaring to that magical price point and I kept thinking that $100K was right around the corner. It's sad to see it struggling to even rise above 20 grand these days, but this is simply a bad phase.
All currencies(FIAT and Crypto) are suffering these days thanks to inflation etc.
Am confident that BTC will rise slowly and steadily back to its previous ATH and surpass it once the global economy recovers completely which probably might take a couple of years.
All currencies(FIAT and Crypto) are suffering these days thanks to inflation etc.
Am confident that BTC will rise slowly and steadily back to its previous ATH and surpass it once the global economy recovers completely which probably might take a couple of years.
Bitcoin may be struggling to get past $20k these days, but we cannot deny the fact that Fiat currencies have fared worse with ever-rising inflation rates. To say the least, Bitcoin has performed pretty well during these hard economic times. It has retained a price range of $18k - $20k, despite further pressure on the global economy. Considering that Bitcoin is still going strong, we can say it's the best-performing asset on Earth.
You can bet BTC will soar well above just $64k per coin once everything goes back to normal. This is nothing more than the perfect time to accumulate as much BTC as you can while it's still "cheap". Who knows if you'll become the next Bitcoin millionaire someday? Just my opinion
This isn't sponsored or paid post by Coingecko.
I was just browsing and saw their post on their Facebook page and it hits me after reading it. A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.
Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.
https://i.imgur.com/yY1Og9t.png
Source
I was just browsing and saw their post on their Facebook page and it hits me after reading it. A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.
Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.
https://i.imgur.com/yY1Og9t.png
Source
Now that I have a few dollars worth of Bitcoin, I want Bitcoin to do that magic again.
Hype and greed have done their job before, it will also happen in the future, any ATH is someone's profit and someone's pain, perhaps a hundred years from now, the price for bitcoin of $80,000 will look like a rollback on the next bearish cycle, unless of course something extraordinary happens.
That's correct, and when that comes, those that have never taken the advantage of taking their profits on the last run will learn their lesson. And when there's some shoot up to the price, many will start doing their thing and I do agree that the next ATH could be the bare minimum of the future's price.I was a year ago, but I didn't feel that it really is.
This just shows that Bitcoin is very volatile. It can make your money x10 in just a matter of 3-4 years but at the same time, it can make your capital go down 10 times. Bitcoin is volatile but that volatility makes millionaires. This also shows that if you already bought at the top by mistake, it would be better to not panic and just hold it until the new bull run starts again.
It's so quick that it's been a year already and we're now missing to stay at the ATH but we'll be back there soon. And about bitcoin's nature of volatility, this is what I like it the most when we're unsure what's going to be ATH of it but we're assure that we're at the right placing of it when it happens.This just shows that Bitcoin is very volatile. It can make your money x10 in just a matter of 3-4 years but at the same time, it can make your capital go down 10 times. Bitcoin is volatile but that volatility makes millionaires. This also shows that if you already bought at the top by mistake, it would be better to not panic and just hold it until the new bull run starts again.
All I can say is that at the time it was 64k$ per bitcoin and those who sold it for around 60k$-64$k were real winners and they made a lot of money. Now, to those who were not able to sell at that time although they had bitcoins then and until now they still hold them in the belief that they will increase or exceed 64k$ each maybe or probably these holders feel great regret for themselves why they didn't sell. But even so, they have nothing to regret because the important thing is that they still hold their bitcoin holdings, the value is just low at the moment.
And then for sure after 2 years from now, they will see the result of their handling of their bitcoins in this coming period.
I can say that there are also unrecognized winners and those are the folks that have bought when it's on all time low of $3k and then managed to keep it up to the ATH and sold it. While some of them might have bought at the $3k range and then haven't sold but they're still up in profits til' this date.And then for sure after 2 years from now, they will see the result of their handling of their bitcoins in this coming period.
Inflation and economic issues around the world added to the losses, but from 2023, better economic recovery would help it, while halving will push it even higher in 2024 and beyond.
Yeah, but we can look at it as the brighter side because despite of these things and issues, bitcoin remained steadfast and firm and became one of the best performing assets and will retain that place as everything recovers. 
interesting to share this information, reminiscent of last year's history of profit buying some altcoins and selling them exactly a year ago, now is the right time to buy them back at cheap prices, I know it will be profitable for me in the next few years, believe me buy it now is the right time
Bruh now isn't the right time to buy altcoins, do not be deceived by their cheap prices in the bear market, so many of them will not recover from the bear market, and they may never rise higher than the 'cheap price' they are trading at now, by the time the cypto winter is over so many altcoins wouldn't even be tradable anymore. As you are looking for coins that will be profitable for you in the next few years, then altcoins are not for you, but bitcoin, start buying BTC now using DCA, so you would not miss the bull train when it starts to move fast. 
This is sad to see that one time we were in the $60k price range and now it's over full year we are struggling to rise and now stand at $19k so much down from ATH but it's time factor as you see few years back in 2017 ATH was around $20k at which we are sad now.But I am sure after few years we will realise how this phase also passed for holders.There is panic and sell off situation in market for those who see it as sign to sell but it's opportunity to buy and long term holding so grab it if you can.
Nice observation but certainly not a good memory to behold, especially if the person is one of the holders of BTC till now. There is hope, better days are still ahead as BTC is concerned. By calculation, in just 365 days, a very huge loss of almost divided by 3.5 has happened, which might have caused a serious panic if it were to be the stock of a company. But here we are, BTC is still moving and has a better hope of rising back, we should get ready for it.
Inflation and economic issues around the world added to the losses, but from 2023, better economic recovery would help it, while halving will push it even higher in 2024 and beyond.
Inflation and economic issues around the world added to the losses, but from 2023, better economic recovery would help it, while halving will push it even higher in 2024 and beyond.
This isn't sponsored or paid post by Coingecko.
I was just browsing and saw their post on their Facebook page and it hits me after reading it. A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.
Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.
Source
I was just browsing and saw their post on their Facebook page and it hits me after reading it. A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.
Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.
Source
All I can say is that at the time it was 64k$ per bitcoin and those who sold it for around 60k$-64$k were real winners and they made a lot of money. Now, to those who were not able to sell at that time although they had bitcoins then and until now they still hold them in the belief that they will increase or exceed 64k$ each maybe or probably these holders feel great regret for themselves why they didn't sell. But even so, they have nothing to regret because the important thing is that they still hold their bitcoin holdings, the value is just low at the moment.
And then for sure after 2 years from now, they will see the result of their handling of their bitcoins in this coming period.
Good to see that a year has passed since Bitcoin reached the $60K level zone. I can still remember that in those days, many people and crypto supporters thought that it would most likely be $100K as BTC's next stop. Unfortunately, things did not work out as we know that the price slide down slowly to where we are right now. Well, we have nothing to regret all because we know that Bitcoin is very unpredictable...and soon we don't know just yet BTC can be back to where it was before...right at its ATH.
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
Let this be a lesson to anyone new to crypto, not to get greedy.
I remember the time where BTC reached this price peak and I refused to convert it to cash thinking that the trend would to increase. A few months after such peak, its price dropped and slowly it failed to recover from this price point.
I definitely agree with your statement- if the price increases tenfold or at least the initial price, then it is a good time to sell at least 50% of your total coins. You will definitely never know when its price would increase/decrease as it is also dependent on current events.
Hype and greed have done their job before, it will also happen in the future, any ATH is someone's profit and someone's pain, perhaps a hundred years from now, the price for bitcoin of $80,000 will look like a rollback on the next bearish cycle, unless of course something extraordinary happens.
Yes you are right, the price we now see as the previous bitcoin ATH will probably be the lowest price for the future. Yes, that's something we might see in the future. Many people have complained that the price of bitcoin 100k is considered a bear market. Everything that looks hard to happen will all be different if we have stepped on that price. It just takes time for us to see it actually happen. 
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
I think I'll put this on my mind starting from now. Let this be a lesson to anyone new to crypto, not to get greedy.
TBH, I'm only having an unrealized loss right now just because I didn't sell my Bitcoins, but I'm holding it for long term. Because of this advice, I will sell a portion of my Bitcoin portfolio to buy something that I need. I mean it isn't just because of this advice that I will sell my Bitcoins, but I already planned of selling it when the bull run starts again.
I was a year ago, but I didn't feel that it really is.
This just shows that Bitcoin is very volatile. It can make your money x10 in just a matter of 3-4 years but at the same time, it can make your capital go down 10 times. Bitcoin is volatile but that volatility makes millionaires. This also shows that if you already bought at the top by mistake, it would be better to not panic and just hold it until the new bull run starts again.
Hype and greed have done their job before, it will also happen in the future, any ATH is someone's profit and someone's pain, perhaps a hundred years from now, the price for bitcoin of $80,000 will look like a rollback on the next bearish cycle, unless of course something extraordinary happens.
Oh well how time flies isn't it, yeah I still remember when the price is above $60k because when I check my wallet I was surprised to see how much it has increased although I sold some earlier. (I still have some though up to this day and continue to accumulate).
Anyhow, history will repeat itself again, maybe in 2025, when the price is around 6 digits there will be a lot of tweets about the current price.
I do agree that we do not know the time when it will repeat itself, but I know that it will definitely happen eventually. This is why I think investing right now is such an easy decision, it should be reaching to a level where it could be a lot higher, and that would be seriously good for our wealth, and we do not have to do anything about it, the result is already there, you just buy right now, and wait for it to go up just like everyone expects it to go up and you will profit from it.Anyhow, history will repeat itself again, maybe in 2025, when the price is around 6 digits there will be a lot of tweets about the current price.
I believe that this is the best decision of my life, I am going to profit from it very easily and it will not take too long neither, just a few years and I will have a great return.
The last ATH was $64k and the current last price was $19k. There seems to be a -$45k reduction. Of course, the reduction is extraordinary, and the bitcoin crash for 1 year has made many people start to clean up and start buying bitcoin for the long term.
The bitcoin price of $19k is a low price, there's no harm in buying at the current price, but another crash is possible. Be prepared with spare money that you still have, of course, it will be very helpful to buy even cheaper. Buy and hold for the long term, Bitcoin won't disappoint, ATH $64k might be a very low price in the future. Do your research, manage money well, and find out your best strategy.
The bitcoin price of $19k is a low price, there's no harm in buying at the current price, but another crash is possible. Be prepared with spare money that you still have, of course, it will be very helpful to buy even cheaper. Buy and hold for the long term, Bitcoin won't disappoint, ATH $64k might be a very low price in the future. Do your research, manage money well, and find out your best strategy.
Last year's ATH was at $67k in November, I remember it and now we're at $19k, which is a normal drop since we're in bear season, past bearish cycles may have been worse than the present. No one can be sure if bitcoin can crash further but $19k is a pretty good price to buy in. As long as we are patient with bitcoin, bitcoin will never let us down, I believe this is the last time we can see $19k of bitcoin. Just one more bull cycle and we will have to buy bitcoin at much higher levels than we are now.
Time flies so fast that you don't realize that bitcoin ever touched the price of $64000 and that's a fact that will probably be hard to forget. I really enjoyed the moment a lot of things from each trade paid great profits, despite some annoying FUD in May of last year, but that's okay it's all one of the journeys in the bitcoin ATH cycle.
Damn the year went by fast, I haven't thought about the high bitcoin price last year for a while. Crazy how the world changed completely in so little time. Honestly, who would have thought 2022 is going to look like that. It would be nice for bitcoins to rise to it's old ATH again, but that is not realistic at the moment. The global economic situation have completely changed, more and more sanctions are being issued, the inflation is destroying wealth rapidly and the prognose for next year is not really better. Right now investors are very cautious and afraid to buy risky assets like crypto currencies or stocks. The world needs to normalise again until we see higher bitcoin prices. It's still nice to dream and remember how good we had it in 2021.
Yeah, time flies so fast that we haven't noticed it's already a year when we've been in the ATH. We all just have to wait again for it to comeback to the last ATH. It's going to be another matter of time until we see it again, the world economy situation is somewhat unstable and so does bitcoin.I think this post and the post of coin gecko would somewhat serve as a sign or a perspective on what Bitcoin can do in the long run and how its importance in the world, not just as a speculative asset. But it's important not to forget people who have also purchased at the top and lost money right now. But if they are to wait and believe that it could go back, it is going to work.
Those that have experienced many bull runs and bear markets would have the idea already on what can happen in a short period of time. Like those that have bought at the top of 2017 that was followed by a bear on 2018, if they've waited for about three years, they're in recovery. And might be the same for the case that have bought last year at ATH, they could do the same thing for three years and accumulate more.I didn't bought from the top. I've just regretted letting go of BTC too early when it was around $12k when it suddenly pumped to $30k by the end of 2020. I was even hesitant to buy because I am hoping for it to go down again to at least $15k, but instead it shoot up to $60k+.
With my extra money every month, I just put a percentage of it to DCA with Bitcoin and also adding Ethereum as well. I just don't know when will it be going up again but I always believe that the best time to build and accumulate wealth is when things are going quiet like the bear market we have nowadays.
You're not alone with that, when we have to sell even not at the top of its surge. That's okay, as long as you're able to put that money in good cause, you can still consider it as a good sold time. And with your strategy of DCA at this time, just be consistent with that and you'll see how profitable it is but it has to take time. With my extra money every month, I just put a percentage of it to DCA with Bitcoin and also adding Ethereum as well. I just don't know when will it be going up again but I always believe that the best time to build and accumulate wealth is when things are going quiet like the bear market we have nowadays.
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
Let this be a lesson to anyone new to crypto, not to get greedy.
I didn't bought from the top. I've just regretted letting go of BTC too early when it was around $12k when it suddenly pumped to $30k by the end of 2020. I was even hesitant to buy because I am hoping for it to go down again to at least $15k, but instead it shoot up to $60k+.
With my extra money every month, I just put a percentage of it to DCA with Bitcoin and also adding Ethereum as well. I just don't know when will it be going up again but I always believe that the best time to build and accumulate wealth is when things are going quiet like the bear market we have nowadays.
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