Topic: What if BTC never reaches all time high? - page 2. (Read 1151 times)

Many users are still holding bitcoin despite of this pandemic happening. Their is always the possibility that bitcoin could reach the all time high. It cannot be comparable to stocks and also we have already seen the price is volatile it may up or suddenly down. So let's expect the price is unpredictable and has its volatility.

Well, i think that the second time high is also decent enough and as per my calculations and studies bitcoin will rise after this pendemic lets just hope for the best!!

All of us here wanted to Hold Bitcoin because we know that there is always a time when it is pumping also the next is dumping.
But we must not forget that circulation will help the improvement and success of this currency so We need to use as payment as well.
so either hold some and sell other to maintain the power of this number cryptocurrency .

   As a long-term holder I don't ask myself when we will see new ATH! It's the way I prepare myself to wait,
to not bother myself with questions nobody can give answers! I rather think about possibilities and chances,
it's how I try to find a logic. After all that I choose to believe in Bitcoin in long-term, and my believes can't be
shaken easily!
   Where is positive prediction about Bitcoin future, there is couple negative ones. Stop reading predictions if
they bother you and make you feel bad, focus on how to contribute and how to help Bitcoin in mass adoption.
I think all of us help in some way, and if we continue to do that like until now we will see Bitcoin making new ATH.

A common mistake on most people and specially to those who do just recently jumped into this market where they do believe that they can make easy money or do hope that the price could shoot up continously
without even thinking that this isnt how the market works.We cant really say that BTC might not able to reach its previous ATH if we do try to look up on its current price then we are 200% away into that level
which we know that it isnt really that hard to reach it up but the question is, when? I cant see a reason for it to be seen on early time yet we know on what are the current situation we've been facing.

Most of those who followed bitcoin are people who waits for good movements, investment reasons as they are in the believe that day will come and bitcoin will rise high the same thing from how it was way back 2017, maybe not this year as even halving is there but the pandemic virus affects the world economy and investors are not that much to follow the momentum and support for much better outcome, who knows after this year another new ath will be reached.

Well, if you are not I am. Despite the fact that I also want to use bitcoin as a payment method every day, I also wanted to earn a profit out of trading and holding them in a time period. If the price did not reach another ATH, that is fine as there would come a time that the price will be reaching that and might exceed what we are expecting.

What? Bitcoin is decentralized and stock is centralized, so, don't think the two should be compared to another because they're different entity from their creation to their community. Their prices with definitely  e different and their achievement will be different too. Although, base on what have been happening in the market, there is a possibility of the price of Bitcoin to soar even though we don't see another all time high, hope without whales manipulations we.might be heading to $10k before the halving and after the halving targeting another high again.

Everything is possible in crypto space though, but lossing your hopes for big figures maybe temporary at the moment. Everyone knows what Bitcoin is capable of, this figure ain't last forever. It could go worse or it could make a run breaking a new ATH.
Bitcoin, may miss a bull run this year, but will definitely hit another ATH soon. No one actually knows when, but holding long term will guarantee a good profit.

Most people still don't understand the purpose of crypto's creation or how it truly works. They're only in it for the money, instead of the technology. That's why we see many of them comparing Bitcoin to stocks, as if it were an asset controlled or issued by a company or central authority. Comparing Bitcoin vs stocks is like comparing apples vs oranges. As far as I know, the crypto market is much more volatile than the regular stock market since it's still small. It's only been 11 years since the inception of Bitcoin and Blockchain technology, which means that the market still needs some time to mature. Liquidity is needed in order to grow the crypto market to new heights. Crypto is only a very small fraction of the global economy, while stocks have trillions of dollars invested on them. I guess that the small crypto market greatly contributes to wild fluctuations in price over time.

Until now, Bitcoin is purely speculative than anything else. Expect to see wild price changes in a blink of an eye, due to "market immaturity". The "weak hands" will continue to sell Bitcoin as long as prices are on a downfall, while the "strong hands" will buy and "hodl" the coin no matter what. Given that Bitcoin will experience a reduction in block rewards every 4 years, it's expected that it'll reach a new All-time-high in price over time. It's very unlikely for a scarce asset/commodity to maintain its price or even become less valuable in the long term. Take a good look at Gold, and see for yourself. As long as you believe in Bitcoin itself (rather than filling your pockets with money), anything is possible. We need more believers in crypto/Blockchain tech, than profiteers or speculators in order to bring true value to the crypto market. Just my thoughts

Unfortunately I do not understand why people are always worried about Bitcoins reaching an all time high , yes investment is a problem , people who would have invested in Bitcoins in 2017 and during the high time , they would be loosing a lot of money but at the same time it would make Bitcoins , less volatile , also people would start coming up to the fact that Bitcoins is not leaving the economy and investors will pool in after a while because I do think that it is the most successful Cryptocurrency. In respect of everything 💯 .
It would do nothing , we will still be where we are , trading volumes might decrease but at the same time long term benefits are not few.

These are 2 completely different things compared to each other, and another crazy theory. Nevertheless stocks are very different with cryptocurrency. Bitcoin has still a long way to go and there are still a lot of manipulation will happen, no one know whether it hits another All time high or not, and this theory is irrelevant with how Bitcoin was being used by the investors today.

I am among those who invest in bitcoin for the long term, and I believe bitcoin will definitely touch the price of all time high.
Indeed I also realize that bitcoin for this year will touch ATH prices very little, but I am sure 1-2 years from now bitcoin will
touch the price of ATH. So from now on I try to collect bitcoin, because right now I think the price of bitcoin is very cheap.

So you mean that the only reason for Bitcoin adoption is speculation? Aren't you a bit harsh?
One great thing Bitcoin can bring is to avoid the need to exchange money in all the local currencies and pay with Bitcoin.
Another great thing is money transfer way faster than any banks would ever do.
Also don't forget its main feature: set you free from centralized and politically manipulated fiat currency.
All of these mean nothing to you?!



Don't you think that this up and down can be the result of some manipulations and can make some traders very rich?



It's hard to predict, but professional traders may do it. Trading is not for everybody and many treat is like lottery.



Many bought at peak. I would not call them lucky. And Bitcoin as store of value is quite a debate which is affected a lot by its huge volatility.



All in all, I think that you should read more. Many of the things you wrote are incorrect.

For me, I think if bitcoin never reaches the all time high, mass adoption wouldn't be developed and the reason why people are investing in bitcoin is because they saw that bitcoin can change people's lives. Its price is volatile in the market it goes down and it goes up and that's what makes bitcoin very hard to manipulate. The price is really unpredictable and it takes a great prediction and strategy for you to prevent having huge losses, but it still depends on how you can recover from that losses. Overall, bitcoin is really a good store of value, it can bring you a huge amount of profit when its price is in its peak. You're so lucky if you experienced the all time high of bitcoin as it is like a lucky day for all of us who uses it.

Despite the dumps, the possibility of Bitcoin to reach ATH is always there.

We don't need to wait for it really since we all know how volatile it is and we might end up frustrated as sudden dumps are happening lately. It is not that big of a dump but still, there are some people that worry every time that happens. For sure, it will reach a new ATH but I am not expecting it to be that fast since there are still those things that can still, in some way, affect the price these days.

if it reaches  ATH i will sell my btc because i was going to sell it when it was 10k and then it started going down

I don't understand why people relate BTC to S&P500, Nikkei and other major markets? You don't see a simple yet an extremely big difference here that these markets have got an extremely big marketcap attached to their names whereas BTC still has a lot more to achieve in the near time, so why even bother comparing these markets to a completely new asset class that is not even mass-adopted as of yet whereas these names are so famous that people blindly trust and trade on them?

Maybe we are getting another all time high this year or maybe not at all. Halving might bring a good run for cryptocurrencies or might not. Even when things are looking good we cannot just assume that we are going into another all time high, I mean it's not the same scene anymore with cryptocurrencies it is more of like a competition among the riches and they are the ones who are deciding when the market could go bullish.
Now seems like they are giving us time to build a price for them, it's interesting how the price is not increasing as the halving coming near.

ATH is not out from my sight but the problem is we got nothing to expect to come out this time of crisis, of course, we can't disclose its possibility but the chances is low. That is why I shouldn't have to think about it, in fact, I'm satisfied already with what the market has shown to us. Even though we are still low, I believe that traders are still making gains at this time.

In the first place, We are not here just only because of ATH but we are here because we also want to know more about crypto, making trades, and make money from it. We can't deny that more people come to crypto during the bullish but they'll go once bullish is over.