Topic: You have a better chance with Bitcoin now than the next minute! - page 2. (Read 589 times)
This is why the demand for Bitcoin continues to increase because people knows that it's a store of value and it's history has proven that it's price will continue to increase and reaching new ATH. Although the best time to accumulate more is during bear run, however even if an investor is buying in bull run, so far there's assurance of a new ATH, then they can still go ahead and buy. We need to hodle Bitcoin on a long term to be able to enjoy ROI, especially for investors that buys when price is high at any perticular time.
Don’t force too much stress on your brain. It’s just simple as that. Bitcoins are for long term investment. Hence you need to have great patience level in order to make profits from the Bitcoins. You need to make yourself clear that no matter what happens, you need to regularly accumulate the Bitcoins irrespective of its price. Bitcoins are very rare as they are fixed in numbers. Hence just buy and hold it for good amount of time. Definitely you will see 3x the profit while selling after holding for a long term.
Sometimes it is important to let those that are still on the fence about bitcoin know that waiting can be incredibly costly too, and even if they have not lost any money by not investing in bitcoin yet, they have lost a great deal of profits as well.It is because of this that long term holders recommend people to use the DCA strategy, as if you train yourself to buy bitcoin regularly without caring about its current price, then you will make profits you could not have made if you were just waiting for the price to dip, as the dip may never come or you may not buy bitcoin at the time because you let the fear permeating the market affect your decision to get some bitcoin.
Don’t force too much stress on your brain. It’s just simple as that. Bitcoins are for long term investment. Hence you need to have great patience level in order to make profits from the Bitcoins. You need to make yourself clear that no matter what happens, you need to regularly accumulate the Bitcoins irrespective of its price. Bitcoins are very rare as they are fixed in numbers. Hence just buy and hold it for good amount of time. Definitely you will see 3x the profit while selling after holding for a long term.
That is wrong I think in 2020-2021 there about, a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.
In May 2020, we had third halving, by that time bitcoin was trading around $7000 whereas then ATH was around $19300 happened in December 2017. Usually around the times of all previous halving, bitcoin traded lesser to the half price of then ATH but this time alone traded higher than half of ATH. Yeah, this time we had bitcoin trading nearer to 90% of ATH which is unusual. When demand increases rapidly, these type of untimed-new-high are obvious for any commodity.If the plan could be holding as it’s mainly advocated and most of the precedents to this time continues to do, gains are not far behind. Thought it might dump, it would rise as it’s evident in its history and what better time to not wait but buy before the halving.
But after halving, we had witnessed strong FOMO. Per all previous halving, by the end of halving year, bitcoin managed to trade around its ATH and then will have 10 to 12 months of bullish market to set a new ATH for the new halving cycle. This ATH will remain unbroken until the end of next halving year.For third halving, we had new high of $68k in 2021 and then $73k in 2024. New halving cycle started from yesterday (20th April 2024) and we will have this cycle's ATH in 2025 or even on every year of this cycle if we have strong demand for bitcoins, who knows?
Quote from: yhiaali3
I mean since everyone will eventually sell and convert Bitcoin into dollars or local currency what's the difference? If you end up winning in the value of the dollar or in the value of your local currency, what does it matter whether you hold a larger or smaller amount of Bitcoin? The important thing is that you emerge victorious in the end.
Hodlers use bull season to market their BTC to convert to their traditional currency, so that they will have a better chance to buy BTC when the bear season occur to buy without considering the value of their traditional currency either higher or low because that one will not stop them not to hodl BTC. The chance is always there in the bear market, which is currently on in the market because some experts has come up with their research that the price of BTC will not go below $50k in the bear season before the bull season will come to happen again.
If you have the money, you can start storing your BTC right now because the next bull run will head to $100k which is the target of majority of hodlers are waiting to see to accumulate profits, and to establish other businesses that will be always giving them money to invest in BTC.
That is wrong I think in 2020-2021 there about, a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.
Oh wow!That’s surprising!!
I might be new to this and having to experience this for the first time with the data I could find, it’s easy to make that assumption of a first time Bitcoin is having its ATH broken before the halving.
Any available data to support? And why isn’t/wasn’t it as loud as it is now to have probably come by some level of awareness. Like I didn’t know that. Some data would be cool.
I really like speculation like this because it based on price history and not with other bullshit out of the world predictions. This kind of speculation on price is very to easy to grasp due to a clear pattern on the price growth.
The new ATH before halving hasn't happened before in bitcoin so I don't see how this could be a good prediction that's based on the market history when bitcoin already made history with this new one, you're right about the factor about the ETF which means that OP's prediction for the last price for this year wouldn't be a possibility since the volume is much higher than the last time because of ETF, there's more investors now although they're not directly investing in bitcoin, they're still affecting the price.That is wrong I think in 2020-2021 there about, a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.
BTC price at the beginning 2018: $13K
BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
Those skeptics and anti-Bitcoin will definitely pick their calculator and will show to the world on how much is the "loss" that someone has if they've invested on the peak. But that's how it is going to look like if they're not going to zoom the charts. While if they have that base argument and they always cherry pick then we also have our own by just looking at how someone earned a lot by just holding it like start it on 2017 or even by 2020.BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
The key is hold for long term i.e. at least for 4 years!
This could be long for them but that's the essence of HODL and long term investing.Oh yeah, it’s an interesting place to look and though I was more of “our own” as used in your quote, a sort of cherry pick and barely mentioned on the price corrections that happened along the years, it’s important that investors don’t forget that, it doesn’t matter much what price is doing at a down time, you could always buy even more and wait on the Bitcoin to side the bulls. This is the ideal time to take profit should you wish to.
Having to sell your Bitcoin when the market price is down or below where you might have bought them is a self acclaimed decision to be at a loss. It’s not on Bitcoin but rather, you as the investor deciding to settle on a loss.
I really like speculation like this because it based on price history and not with other bullshit out of the world predictions. This kind of speculation on price is very to easy to grasp due to a clear pattern on the price growth.
The new ATH before halving hasn't happened before in bitcoin so I don't see how this could be a good prediction that's based on the market history when bitcoin already made history with this new one, you're right about the factor about the ETF which means that OP's prediction for the last price for this year wouldn't be a possibility since the volume is much higher than the last time because of ETF, there's more investors now although they're not directly investing in bitcoin, they're still affecting the price.This has been something which never happened in the past as we haven't seen ATH before the halving hence we may see some unexpected moves in the market when we expect it the least and also as far as ETF are concerned they had temporary impact in the price of Bitcoin but the market doesn't bank on it as it's not the only factor which defines the price. But yeah Bitcoin will be introduced to new people or those who were hesitant due to ETF it's more of an exposure.
I really like speculation like this because it based on price history and not with other bullshit out of the world predictions. This kind of speculation on price is very to easy to grasp due to a clear pattern on the price growth.
The new ATH before halving hasn't happened before in bitcoin so I don't see how this could be a good prediction that's based on the market history when bitcoin already made history with this new one, you're right about the factor about the ETF which means that OP's prediction for the last price for this year wouldn't be a possibility since the volume is much higher than the last time because of ETF, there's more investors now although they're not directly investing in bitcoin, they're still affecting the price. 
the previous all time high buyer that bought at peak are already having profit, thats the advantage of bitcoin you can be buying at peak and will be profitable in the next 5 year what you require is just holding it until it reached all time high again then you're set.
i remembered many people are so skeptical with buying bitcoin when in bearish, many people never crossed their mind that might be the best buying opportunity there is but just sweep it under the rug thinking bitcoin is doomed but the reality is always the opposite of these skeptical people envisioned to be.
bitcoin instead going up so high it grows more than previous all time high and still standing strong at this current price level. im expecting it to reach $150k by next year, and yes every minute passed not accumulating bitcoin might be a loss.
i remembered many people are so skeptical with buying bitcoin when in bearish, many people never crossed their mind that might be the best buying opportunity there is but just sweep it under the rug thinking bitcoin is doomed but the reality is always the opposite of these skeptical people envisioned to be.
bitcoin instead going up so high it grows more than previous all time high and still standing strong at this current price level. im expecting it to reach $150k by next year, and yes every minute passed not accumulating bitcoin might be a loss.
BTC price at the beginning 2018: $13K
BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
Those skeptics and anti-Bitcoin will definitely pick their calculator and will show to the world on how much is the "loss" that someone has if they've invested on the peak. But that's how it is going to look like if they're not going to zoom the charts. While if they have that base argument and they always cherry pick then we also have our own by just looking at how someone earned a lot by just holding it like start it on 2017 or even by 2020.BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
The key is hold for long term i.e. at least for 4 years!
This could be long for them but that's the essence of HODL and long term investing. 
Without all these introductions and detours, it is known that as the price of Bitcoin increases, you will get a smaller volume of Bitcoin in exchange for a greater value, and when it decreases, you will get a larger volume of Bitcoin in exchange for a lower value. But what's the difference?
I mean since everyone will eventually sell and convert Bitcoin into dollars or local currency what's the difference? If you end up winning in the value of the dollar or in the value of your local currency, what does it matter whether you hold a larger or smaller amount of Bitcoin? The important thing is that you emerge victorious in the end.
I mean since everyone will eventually sell and convert Bitcoin into dollars or local currency what's the difference? If you end up winning in the value of the dollar or in the value of your local currency, what does it matter whether you hold a larger or smaller amount of Bitcoin? The important thing is that you emerge victorious in the end.
Buying to hold today is not having get less volume for more $value but rather, more volume for less $value.
Buying and holding today is about you thinking about your great future. While people that haven't bought yet are spending a lot of time thinking if it's the right time to buy, when you did already you have no worries left anymore.All you have to worry is if you're already contented with how much Bitcoin you're holding or you want to hold more of it.
I would rather say people need to have clear strategy and they need to either go long term or have to be really active and TP/SL at the right time to avoid getting into loss.
For long term holders, this is where straight to the point of what we're thinking. Some say that there's no clear path of selling it but many of us have been thinking some price of when we must do it.
You need to showcase both the best and the worst of the recent times and I see you posting only the prices from where one could have got profit and that's for long term but there are lot of short term investors and day traders who cannot afford to hodl for 4 years which can be considered as long term with a guaranteed profits as per the previous trends. There are people who has bough Bitcoin at $19k and sold around $4k that's because didn't believe in long term or cannot hodl for longer and needed money.
I would rather say people need to have clear strategy and they need to either go long term or have to be really active and TP/SL at the right time to avoid getting into loss.
I would rather say people need to have clear strategy and they need to either go long term or have to be really active and TP/SL at the right time to avoid getting into loss.
BTC price at the beginning 2018: $13K
BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
The key is hold for long term i.e. at least for 4 years!
Or just simply go with the flow? Don't over think and complicate things with numbers and whatnot. Just invest and test it yourself, hold for 1 month then 10 months and so on and see how you are doing. If by chance you see that it will work for you then go longer. Like 4 years that you have said, it might be mentally hard. But if others can do it, then everyone can. And with that, you just go with it and not think about the price going down hard or suddenly picking up to $73k and start thinking of selling. It might be a good idea, but wait till the bull run begins after the halving and see what instore for you during that year or if you really completed to hold that 4 year. BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
The key is hold for long term i.e. at least for 4 years!
BTC price at the beginning 2018: $13K
BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
The key is hold for long term i.e. at least for 4 years!
BTC price at the end 2018: $3.8K
BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K
OMG I'm in loss, Bitcoin is SCAM.
If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
The key is hold for long term i.e. at least for 4 years!
If you look back at the beginning of Bitcoin, you can definitely see that the price of Bitcoin was very low. And from there it has risen to $73K at present. So think about how much Bitcoin price has changed to touch the all-time high at the moment. At present the coin is so expensive that every investor has invested their money here.
I don't seem to get the aspect that talked about bitcoin being expensive, but instead, you may say that the market value has increased to a reasonable extent, the most amazing of it all is that we are still having more bitcoin highs to come and we aren't done yet with the bull season, we are having the target of seeing bitcoin at $100,000 and above and this alone tells more about what we should expect in the more days or months to come, the halving also is around the corner, all expectations have been raised towards that as well.
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Price history always a good resources to analyze the future trend and with the current trend we all know it is already expensive and expecting a correction which is happening already with Bitcoin. This is another opportunity to accumulate and its too early to end the bull trend, after this correction expect for the price to go up again.I don't know, we don't know what will happen next. Prices will swing and will make investors doubt something, but if they are optimistic about the future after the halving then it is time for them to leave their doubts somewhere before it is too late.
If you look back at the beginning of Bitcoin, you can definitely see that the price of Bitcoin was very low. And from there it has risen to $73K at present. So think about how much Bitcoin price has changed to touch the all-time high at the moment. At present the coin is so expensive that every investor has invested their money here.
Price history always a good resources to analyze the future trend and with the current trend we all know it is already expensive and expecting a correction which is happening already with Bitcoin. This is another opportunity to accumulate and its too early to end the bull trend, after this correction expect for the price to go up again. Jump to: