What if $70k was Bitcoin ATH for the year? - page 5.

Rasa nanas

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Quote from: bots1 on November 27, 2021, 07:17:00 AM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

Looking at the bitcoin price movement these past few days, it's hard to say if the price will hit $70k the rest of the year. With market conditions currently experiencing a decline in bitcoin prices, it has not added any value to my initial capital. But I believe early next year bitcoin price will experience a significant increase and continue to set new ATH records.

I agree with you, it seems that bitcoin price is hard to reach $70k before the end of the year. after a significant price decline a few days ago the price of bitcoin has not shown any signs of recovering. currently the price of bitcoin is quite stable at $54k, of course the current price is still quite far from $70k. if the price doesn't move up soon of course $70k won't be reachable by the end of this year.

STT

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We do have higher volume on the down bars seems to be another warning we need to at least revise lower prices in order to confirm support is valid and a good foothold for future positive action.
We are below 2 day average and failed to hold trading momentum so far but just tonight there is idea of a pattern forming of higher lows. I dont expect this to hold personally just because there is a stack of orders ready to process only during business hours and they will be selling out of fear of a general market reversal. We can of course resolve this weakness with buying and a move upwards but part of this is at least a test down or pin downwards at some point I think.
My guess we dont make a new ATH that far from where we have put in a high tide mark so far for 2021. Next year I have more optimism.

bots1

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Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

Looking at the bitcoin price movement these past few days, it's hard to say if the price will hit $70k the rest of the year. With market conditions currently experiencing a decline in bitcoin prices, it has not added any value to my initial capital. But I believe early next year bitcoin price will experience a significant increase and continue to set new ATH records.

$crypto$

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Quote from: btc78 on November 26, 2021, 12:27:07 AM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

The question is ? is there something we can do even if we wanted Bitcoin price to climb up 100k? of course nothing because our small contribution investing cannot even give part for the growth that high.
so let us be contented ,a nd besides 70k is too much , imagine starter below 20k and now 70k?
please don't be greedy and be thankful for this achievement of Bitcoin in 2021.
lets wait in 2022 if what market will bring us.

That's just expecting from your speculation that maybe they want a price of $ 70k but it doesn't come true because this is a little more to make up for it al the result of bitcoin having to experience a big correction to make bitcoin fall almost to 50k.
For me it's true that we have to be content with what we get from holding bitcoins after reaching high and greedy it will make us forget ourselves until the end when bitcoin drops we just realize because of regret, then one good thing in my opinion is to hold it because bitcoin will definitely come back again.

Yaunfitda

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Quote from: BuNga_cute on November 25, 2021, 08:55:33 PM

Quote from: batang_bitcoin on November 23, 2021, 02:11:48 PM

Quote from: BuNga_cute on November 22, 2021, 05:26:39 PM

Quote from: batang_bitcoin on November 22, 2021, 04:37:03 PM

Quote from: dezoel on November 22, 2021, 03:22:05 PM

Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

I'm just quite unhappy not seeing it break $60k but that's it. You're right that we're worried for nothing, bitcoin is still above $50k and this is a good price. Expecting that it would go according to what we're thinking should be stopped since it's moving on its own and even if we like to see it at top so quick, that won't happen. And to those that are selling, we have nothing against them because we're also selling when others don't like us to sell so it's fair and normal to see people sell.

This is the risk of investing in Bitcoin, sometimes we have to accept the fact that Bitcoin does not always work as we expect. We also cannot blame
other people for selling their Bitcoins, because there is no compulsion to continue holding Bitcoin. But what I believe is that people who can be
patient holding Bitcoin, will eventually get paid for their patience. We know based on the history of Bitcoin movement, how deep the Bitcoin price
goes down, one day it will definitely go higher again. So I decided to hold my current Bitcoin, even though the Bitcoin price still hasn't returned to $60k.
But I'm still optimistic that Bitcoin will be bullish again as long as the Bitcoin price doesn't drop below $50k.

There's no one to blame if the price don't go accordingly to what we've been thinking. It is what it is and we have to embrace and accept that due to the fact that it's always volatile no matter what you think of it. Sometimes we're disappointed but it won't stop us from thinking that it's going to be bullish again, actually, it's still bullish and the price that it's sitting right now is still high. Despite the crash that has came, it remains at $57k.

Maybe you and some people who have been in the crypto world for a long time understand how Bitcoin works, so don't worry if it turns out that
the price of Bitcoin does not reach the price we predicted. But for newbies, this is something that not only makes them disappointed, but some
newbies panic, and decide to cut loss. That's why I always say over and over that before deciding to invest in Bitcoin, make sure we've
learned everything about Bitcoin. So at least understand how Bitcoin works, don't buy Bitcoin because it is influenced by other people.
Regarding the current Bitcoin price I agree with you, that it is still in a bullish trend, meaning that it is still very likely that the price of Bitcoin
will rise again near the end of the year.

It's either they've be disappointed for not reaching at least 6 digits and get out of the market or invest in altcoins or any other financial instruments. Or simply remain in the market and really try to understand how it works and become a mature investors.

So still a positive for them if you look at the bright side of it. Yeah, we are still in the bullish of trend and most likely we will bounce on December. But I'm not expecting a $100k price at majority of us now are looking at.

btc78

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Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

The question is ? is there something we can do even if we wanted Bitcoin price to climb up 100k? of course nothing because our small contribution investing cannot even give part for the growth that high.
so let us be contented ,a nd besides 70k is too much , imagine starter below 20k and now 70k?
please don't be greedy and be thankful for this achievement of Bitcoin in 2021.
lets wait in 2022 if what market will bring us.

BuNga_cute

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Quote from: batang_bitcoin on November 23, 2021, 02:11:48 PM

Quote from: BuNga_cute on November 22, 2021, 05:26:39 PM

Quote from: batang_bitcoin on November 22, 2021, 04:37:03 PM

Quote from: dezoel on November 22, 2021, 03:22:05 PM

Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

I'm just quite unhappy not seeing it break $60k but that's it. You're right that we're worried for nothing, bitcoin is still above $50k and this is a good price. Expecting that it would go according to what we're thinking should be stopped since it's moving on its own and even if we like to see it at top so quick, that won't happen. And to those that are selling, we have nothing against them because we're also selling when others don't like us to sell so it's fair and normal to see people sell.

This is the risk of investing in Bitcoin, sometimes we have to accept the fact that Bitcoin does not always work as we expect. We also cannot blame
other people for selling their Bitcoins, because there is no compulsion to continue holding Bitcoin. But what I believe is that people who can be
patient holding Bitcoin, will eventually get paid for their patience. We know based on the history of Bitcoin movement, how deep the Bitcoin price
goes down, one day it will definitely go higher again. So I decided to hold my current Bitcoin, even though the Bitcoin price still hasn't returned to $60k.
But I'm still optimistic that Bitcoin will be bullish again as long as the Bitcoin price doesn't drop below $50k.

There's no one to blame if the price don't go accordingly to what we've been thinking. It is what it is and we have to embrace and accept that due to the fact that it's always volatile no matter what you think of it. Sometimes we're disappointed but it won't stop us from thinking that it's going to be bullish again, actually, it's still bullish and the price that it's sitting right now is still high. Despite the crash that has came, it remains at $57k.

Maybe you and some people who have been in the crypto world for a long time understand how Bitcoin works, so don't worry if it turns out that
the price of Bitcoin does not reach the price we predicted. But for newbies, this is something that not only makes them disappointed, but some
newbies panic, and decide to cut loss. That's why I always say over and over that before deciding to invest in Bitcoin, make sure we've
learned everything about Bitcoin. So at least understand how Bitcoin works, don't buy Bitcoin because it is influenced by other people.
Regarding the current Bitcoin price I agree with you, that it is still in a bullish trend, meaning that it is still very likely that the price of Bitcoin
will rise again near the end of the year.

cryptomaniac_xxx

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Quote from: Cryptock on November 22, 2021, 05:33:23 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

It all depends on how deep the current correction will be. If it leads to a panic sell and another bear market for several years, I will be very sad. However, if the correction is small and it causes the price of Bitcoin (and thus the entire cryptocurrency market) to calm down, I will be very happy, because it will be a good sign that cryptocurrencies are ready for adoption by the mainstream.

So far the current dip is still manageable in my opinion. And I don't see any panic sell, the price now is $58k and it looks like it's moving to $60k. So this correction might be over and as we enter December, expect the price could be in the range of $70k and it's not that bad after all. However, it's inevitable that we are going to enter a bear market so just be ready in any case.

batang_bitcoin

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Quote from: BuNga_cute on November 22, 2021, 05:26:39 PM

Quote from: batang_bitcoin on November 22, 2021, 04:37:03 PM

Quote from: dezoel on November 22, 2021, 03:22:05 PM

Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

I'm just quite unhappy not seeing it break $60k but that's it. You're right that we're worried for nothing, bitcoin is still above $50k and this is a good price. Expecting that it would go according to what we're thinking should be stopped since it's moving on its own and even if we like to see it at top so quick, that won't happen. And to those that are selling, we have nothing against them because we're also selling when others don't like us to sell so it's fair and normal to see people sell.

This is the risk of investing in Bitcoin, sometimes we have to accept the fact that Bitcoin does not always work as we expect. We also cannot blame
other people for selling their Bitcoins, because there is no compulsion to continue holding Bitcoin. But what I believe is that people who can be
patient holding Bitcoin, will eventually get paid for their patience. We know based on the history of Bitcoin movement, how deep the Bitcoin price
goes down, one day it will definitely go higher again. So I decided to hold my current Bitcoin, even though the Bitcoin price still hasn't returned to $60k.
But I'm still optimistic that Bitcoin will be bullish again as long as the Bitcoin price doesn't drop below $50k.

There's no one to blame if the price don't go accordingly to what we've been thinking. It is what it is and we have to embrace and accept that due to the fact that it's always volatile no matter what you think of it. Sometimes we're disappointed but it won't stop us from thinking that it's going to be bullish again, actually, it's still bullish and the price that it's sitting right now is still high. Despite the crash that has came, it remains at $57k.

Devifajarina

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Quote from: the ghabbar on November 23, 2021, 12:35:52 PM

Quote from: Cryptock on November 22, 2021, 05:33:23 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

It all depends on how deep the current correction will be. If it leads to a panic sell and another bear market for several years, I will be very sad. However, if the correction is small and it causes the price of Bitcoin (and thus the entire cryptocurrency market) to calm down, I will be very happy, because it will be a good sign that cryptocurrencies are ready for adoption by the mainstream.

If too many people panic and sell bitcoin at the same time, then the bitcoin price will go down, this will continue to be used by big investors to buy, the current scheme is the pattern played by those with influence to make bitcoin go down, usually the end of the year is the selling pattern of every existing coin including bitcoin, but if the panic is too big for bitcoin correction, it will be very dangerous for the bitcoin market at the end of the year.

The scheme that takes place is inseparable from the panic of people who own bitcoin, but big investors will never panic about this kind of correction condition, therefore it is necessary to make a good study for the bitcoin market at the end of the year. Otherwise, cryptocurrencies will experience a big correction simultaneously and this is very dangerous if it happens, big investors will laugh and enjoy this condition, hopefully this will never happen at the end of the year.

the ghabbar

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Quote from: Cryptock on November 22, 2021, 05:33:23 PM

Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

It all depends on how deep the current correction will be. If it leads to a panic sell and another bear market for several years, I will be very sad. However, if the correction is small and it causes the price of Bitcoin (and thus the entire cryptocurrency market) to calm down, I will be very happy, because it will be a good sign that cryptocurrencies are ready for adoption by the mainstream.

If too many people panic and sell bitcoin at the same time, then the bitcoin price will go down, this will continue to be used by big investors to buy, the current scheme is the pattern played by those with influence to make bitcoin go down, usually the end of the year is the selling pattern of every existing coin including bitcoin, but if the panic is too big for bitcoin correction, it will be very dangerous for the bitcoin market at the end of the year.

AmoreJaz

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Quote from: dezoel on November 22, 2021, 03:22:05 PM

Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

If we are suppose to keep on buying forever and never sell, then how come we could use crypto to better our life? Sometimes people make a big amount of profit, sell their coins and pay all of their debt for example. This is what we need to do, we need to make sure that there is a good chance we could make a profit and let the price fall whenever we want to take out, do not be mad for people who take out and move on. There are still tons of people who will keep on buying more and more so it is not a problem when we have small drops.

we have our own priorities and financial needs so just respect whatever the decision of the crypto user when it comes to his portfolio. but reaching 70k for this year, i will be grateful rather than look for more. greed is the reason why people are not satisfied or happy because they want more. but why not be grateful despite of the pandemic crisis that we have, btc managed to achieved different ATHs this year alone?
and with more good news like from el salvador developing their own bitcoin city, and the approval of btc ETF this year, why not be happy for these positive things happening in crypto market?

Cryptock

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Quote from: dbc23 on November 12, 2021, 06:12:29 PM

Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment

It all depends on how deep the current correction will be. If it leads to a panic sell and another bear market for several years, I will be very sad. However, if the correction is small and it causes the price of Bitcoin (and thus the entire cryptocurrency market) to calm down, I will be very happy, because it will be a good sign that cryptocurrencies are ready for adoption by the mainstream.

BuNga_cute

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Quote from: batang_bitcoin on November 22, 2021, 04:37:03 PM

Quote from: dezoel on November 22, 2021, 03:22:05 PM

Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

I'm just quite unhappy not seeing it break $60k but that's it. You're right that we're worried for nothing, bitcoin is still above $50k and this is a good price. Expecting that it would go according to what we're thinking should be stopped since it's moving on its own and even if we like to see it at top so quick, that won't happen. And to those that are selling, we have nothing against them because we're also selling when others don't like us to sell so it's fair and normal to see people sell.

This is the risk of investing in Bitcoin, sometimes we have to accept the fact that Bitcoin does not always work as we expect. We also cannot blame
other people for selling their Bitcoins, because there is no compulsion to continue holding Bitcoin. But what I believe is that people who can be
patient holding Bitcoin, will eventually get paid for their patience. We know based on the history of Bitcoin movement, how deep the Bitcoin price
goes down, one day it will definitely go higher again. So I decided to hold my current Bitcoin, even though the Bitcoin price still hasn't returned to $60k.
But I'm still optimistic that Bitcoin will be bullish again as long as the Bitcoin price doesn't drop below $50k.

batang_bitcoin

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Quote from: dezoel on November 22, 2021, 03:22:05 PM

Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

I'm just quite unhappy not seeing it break $60k but that's it. You're right that we're worried for nothing, bitcoin is still above $50k and this is a good price. Expecting that it would go according to what we're thinking should be stopped since it's moving on its own and even if we like to see it at top so quick, that won't happen. And to those that are selling, we have nothing against them because we're also selling when others don't like us to sell so it's fair and normal to see people sell.

dezoel

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Guys we are getting worried for nothing. Let people sell if they want to, what is the point of investing into bitcoin if we are not going to sell and get rid of these problems? I mean it is clear that we need to actually have some sort of selling time to time and let people sell because that is the natural order of any market.

If we are suppose to keep on buying forever and never sell, then how come we could use crypto to better our life? Sometimes people make a big amount of profit, sell their coins and pay all of their debt for example. This is what we need to do, we need to make sure that there is a good chance we could make a profit and let the price fall whenever we want to take out, do not be mad for people who take out and move on. There are still tons of people who will keep on buying more and more so it is not a problem when we have small drops.

Devifajarina

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Quote from: Finestream on November 21, 2021, 03:16:21 PM

Quote from: Devifajarina on November 21, 2021, 01:23:19 PM

Quote from: Slow death on November 20, 2021, 06:05:58 PM

talking about the next ATH, I had already posted something about it, but these days I saw some price forecasts that made me think: "in December will people be selling to spend Christmas and New Year or will they be buying bitcoin?" I've seen price forecasts for December, but December is a month of holidays and so people are supposed to sell and travel

The habit is like that, the end of the year is the sale of every existing coin, as long as the coins we have have a maximum selling value, but if the price of the coins we have experiences a decline in price, then the right rarity is to hold it, December generally the selling value of any coins will increasing, considering the end of the year is a good trend for existing coins, especially when it comes to bitcoin, let's see later this year if bitcoin will find its new ATH.

Every time a holiday season is coming, it's most likely that people will sell some of their coins to enjoy the holidays. And its always a trend every Christmas and New Year season. So no matter what will be the value of bitcoin that time, some people will still be certain on continuing what's the trend.

However, if we talk about $70k as the last ATH for bitcoin this year, for me its still a very high value so there's no reason not to be satisfied on it. But based on my analysis, bitcoin will have all the chances to reach higher than that this year due to the present correction that will boost more the value of bitcoin once the correction is over.

Christmas and New Year is the turn of the year for everyone, they need money for holidays with family, many people use it to release some existing coins, especially if bitcoin has a high selling value, its value is still very high for now and not sure it can happen , but for me crypto can happen with anything in the near future or hours, hopefully there is a good trend for bitcoin at the end of this year, so that all of us benefit each other.

the ghabbar

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Quote from: stadus on November 22, 2021, 02:03:23 AM

Quote from: TheGreatPython on November 21, 2021, 04:36:33 PM

"I got my investment back, rest is pure profit" mindset.

I always have this kind of mindset, but sometimes when you lose your profit, you would also feel bad as you could have taken that money out and invested it somewhere less risky than crypto. As an investor, I don't only focus on crypto, instead, I look for other forms of investments and even business just to minimize the risk and that my cash flow would continue in case crypto will collapse.

Everyone will panic if they lose a lot of money, so investments must be prepared properly and carefully, it is better to allocate investments in other forms, if crypto investments experience losses then there are other investments that replace them, so that our money flow does not decrease with the loss of one of them , I think the pattern you are doing is good enough to avoid the risks that will arise.

stadus

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Quote from: TheGreatPython on November 21, 2021, 04:36:33 PM

"I got my investment back, rest is pure profit" mindset.

I always have this kind of mindset, but sometimes when you lose your profit, you would also feel bad as you could have taken that money out and invested it somewhere less risky than crypto. As an investor, I don't only focus on crypto, instead, I look for other forms of investments and even business just to minimize the risk and that my cash flow would continue in case crypto will collapse.

TheGreatPython

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Quote from: Ngemmeng on November 20, 2021, 06:04:05 PM

another possibility is that investors who have lots of bitcoins have sold their bitcoins because they think the profits are enough, and of course it makes the bitcoin price go down. this is an opportunity for other investors to get bitcoin at a lower price before the bitcoin price recovers and bitcoin reaches a much higher point. I think reaching $70k in the next bull trend is not that difficult because the previous high of bitcoin was already close to $70k.

I never really got that "profits are enough" mindset, I mean sure it is cool to have that much profit, but why do we have to always have to limit ourselves? I do not want to sound greedy but the reality is that we should not limit ourselves to something that is "enough", when it is going up all the time. Maybe we should end up with something that is like "I got my investment back, rest is pure profit" mindset.

Invested 1k? Reached 2k? Take your 1k out and wait for the other part to grow forever until you are ready to retire. I do not remember anytime I actually invested and did not take that out, I probably have zero of my own money in crypto right now, whatever I have put it, I already took out long time ago. This allows me to not take it out, hence not cause the price to fall like these people do. It is their money though so I have to respect it.

Topic: What if $70k was Bitcoin ATH for the year? - page 5. (Read 1181 times)