Bitcoin Forum

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

If trap on top, you can't do anything about it but to wait for the next bull run not unless you can afford to sell at a big loss.
This is a reminder that you should always have your cut loss price and don't be greedy. Timing the market is very important.

The current price is still cheap, buy if you still have the money but again you have to timing the trend so you will not be trap again.
New ATH are still possible though, just be more patient and try to look for other opportunities in this market while you are still waiting for the bull.

It is very important that you have enough knowledge before investing, otherwise you will end up paying a huge price for your decision. Bitcoin is a long-term investment, so don't worry too much about its price in the short term, and make sure you're investing with cold money. When investing in bitcoin, please pay attention to how much bitcoin you can hold, don't care too much about its USD value. You should stop checking the price every day and learn about bitcoin instead, when you know all about bitcoin, you will know what to do next. Remember that 1BTC = 1BTC, so if you do not sell, you do not lose anything.

Bitcoin is a volatile assets that is why you should understand and have the proper knowledge of it. Don't get upset that the price has gone below the amount you bought, that is why it is wise for you to invest in a long term investment, so that the dump or pump in price wouldn't be a problem. Relax and wait till next year after bitcoin halving, so that you can recover from your loss when bitcoin price hits ATH before selling some part of it. I hope you didn't use the money for something important to invest. Stop checking the price and remove your mind from your loss instead see this as an opportunity for you to accumulate more bitcoin for yourself. Nobody can tell if the price will shoot higher than what you bought tomorrow. Don't panic as this is a norm to all bitcoin investors that understands the price movement. Bitcoin is not a quick profit investment, there is always a time for you to make profit from your investment.

Well price isn't "high" now. It is barely above the previous ATH, about 30% above whereas in every previous cycle price were at least 900% above that previous ATH (ie at $200k).

As for my take on the current price and the market, I still think the demand is increasing every day specially as the banking system fail and the inflation grows since people are losing their faith in the corrupt monetary system and want something that can act as a hedge against inflation.
But the problem is that at the same time we have recession in most countries that are mainly defined in the Western Bloc and in recession people liquidate their assets and are not capable of making more investments.

The combination of these two forces is creating this weird market where price shows all kinds of rising signals and yet it only goes up a little.

When we have bought bitcoin at a high price, make it a bitter experience and of course very disappointing. However, it is important to remember that investing always involves risk, and losses can occur even with the best investment decisions.

I think there are a few things you need to do when you're in a situation like that. Don't let emotions rule your mind. When you experience loss, you may feel upset, angry, or hopeless. However, it is important not to let emotions take over and to think rationally and objectively. Learn from your mistakes because Every failure can be a valuable lesson. Try to evaluate why your investment is not working and what you can learn for the future.

Most importantly Don't panic, Sometimes when the price of bitcoin drops or you experience a loss, you may be tempted to sell assets quickly. However, it is important to remain calm and evaluate the situation wisely before making a decision because bitcoin is a valuable asset for the future so there is no need to be afraid when the price drops.

It's hard to give an opinion on price when all you're looking for is Bitcoin. Because as you can see and also what everyone is seeing at this time that Bitcoin is still facing a correction in the market even though it will always be used properly by traders who believe they will get profits in the following days.

But for some holders who are waiting for the best price at a higher level, of course there is saturation too, although they can still be patient waiting for that to happen. And you only need to be patient to return what has been lost or what has been reduced at this time and you don't need to distance yourself from the internet or Bitcoin because you still have hope of getting your capital back through price recovery the next day.

Opinion on bitcoin price? That's Fluctuation

You are planning to make a long-term investment and if you keep watching the market every time it will affect you why do it every day, it's better to just save it and not pay attention to the market situation even I also buy above the current price never worry because I know this is not for short term, but you better calm down, you don't have to check it almost every day.

If you keep looking at the price, it will make your mentality weak and you might even have a weak hand because you can't wait to sell to see the price continue to fall.

This is a risk that must be taken, especially when you say you are buying at a high price, then indeed the thing that is certain now is to wait because this is the most important thing unless you really want to be like the others by selling and regretting it in the end and that is wrong one thing is not worth it.
I think it's important that someone is aware of the risks and learn early about the fluctuations in bitcoin is like this because we won't even know what will happen. As for those who are currently trapped, one of the hardest things is to strengthen ourselves not to sell the assets we have and of course increase the load if indeed we have extra money.

For me, it is still a good price to buy, we are still in bear market, so consider it cheap. Of course the best time to buy is last year when we go down to $15,500 and that is the lowest low that we have in this bear market.

However, we can't go back to that price anymore, just like when we did see $3k'ish during March 2020 when we heard news about the whole pandemic. So you really have to think at the price right now, could be good entry point still and then wait till the next bull run 2024-2025. As per my experience, you should go with long term investment here.

First, you must learn to build a thick skin to withstand Bitcoin market volatilities no matter the price you bought your Bitcoin but it is advisable to buy bitcoin when the price is low because getting in at a high price may extend your waiting time.

-because if the price you bought bitcoin is low it means when the price increase you stand the chance to gain returned on investment almost immediately.

-but if you but at a high price, your waiting period will be double if the price slide below your entry price since you must have to wait for the price to recover back to your entry price and also wait to see the price move above your entry price.

-without time calculation and management, bitcoin investment could become a breeding ground for depressions.

I think the learning period would be easier if they start off with buying bitcoin and holding it. Sure you can keep learning more about it later on but it is better not to be late and just buy bitcoin and hold it. That way you would be sure that you are doing the right thing while learning what the right thing is later on.

Maybe they wouldn't know why buying bitcoin and holding it for many years is the right thing to do when they do it, but then they will have time to learn about it later on as well. If they start trading right away, that would be the hard part and I think that would be a trouble for most people and should be able to learn eventually but start with a big loss overtime.

Just forget you invest on something and never forget to do not sell it at a lower price that will just make you lose more. It's not good to check the price every single hour, that's not healthy at all. Find other things to get busy with. Wait until 2024 or 2025 because the sentiment for the next bull market was that year.

do you not have any strategy or have any spare cash so you just keep monitoring. Buying at high prices is a mistake you can make if you don't want to hold on long term. But if your goal is long term, it won't be a problem, you can still buy it again at a cheaper price. Don't just be price oriented, you also have to believe that Bitcoin is the best investment for the long term. you will still profit if the price returns to bullish and reaches a new ATH.

Actually the price of Bitcoin at this point is appreciative and whosoever that purchased bitcoin earlier this year 2023 or last year December is of better profit of small fraction,  bitcoin is been appreciating starting from this year, so nobody can predict the future of bitcoin  perfectly,  so their is every tendency that bitcoin that happened to be colourful changed from it correct price now to higher, and its applicable that the price can reduce anytime and any hours.

In terms of the price of bitcoin, I think we should be less concerned about it. The price of bitcoin won't increase dramatically just by looking at it. Even if it does, am not ready to sell it now when it hasn't reached her previous ATH. That's my own decision.

The fact that bitcoin will ultimately outperform the market, regardless of how bleak the market may appear to be, gives me the confidence to invest in it. When you opt to sell below the price you invested, you just lose your bitcoin investment. Apart from that, you will finish up on the profitable side.

You are probably using the wrong strategy, better to analyze it again and know if its the right time to buy or not. The market is very unpredictable so you have to do your best to analyze, and don’t just make any guess trade. The price can be your basis, but don’t rely on that alone. If you bought during the peak, just keep on holding and be more patient, as the market will recover soon.

I agree, the failure of banks in recent weeks have really contributed to the demand of bitcoin. People now want something that they will be in control of. Its so sad that a lot of these people would leave all those coins in centralized exchanges.
The various targeted attack on the industry is also a reason that is hindering the growth of bitcoin at a relatable stable rate.
Yesterday they price of bitcoin dropped by about 1k dollars after the news that the CTFC was suing Binance broke.

If checking the price is just making you stressful, yes it's better to avoid looking at it and leave your bitcoin at peace and just come back at it again when you think it's the right time to check it. The price of it right now is good and no worries that even the chances of being low again and under $20k is there, that won't matter to me anymore. We're up and some corrections have happened and much likely that we've seen the bottom already.

If you bought Bitcoin at a high price and it plunged, don't bother to check on the price every once in a while. That is not healthy because you might get emotional. And if you're a newbie you might even feel a tinge of panic or fear or an urge to sell because it could fall down much lower. So you are right that you should just stop checking on Bitcoin's price. But I'm surprised that after saying this you proceeded to ask about the price. Don't worry much about the price. It will hit 6 figures within the year or two. Just hodl.

Price is very low right now. The bear market JUST ended. Price may be low or average or high on a timescale of the next few weeks, impossible to tell. But on a timescale of a few months it's almost definitely very low now. And on a time scale of years it's a lottery ticket you already know has the winning numbers haha.

Only thing that's gonna keep Bitcoin low in this range over the next few months would be more regulatory/govt attacks on the industry. Though I expect price will still grind upwards the next few months even with that, it'll just be very bumpy.

The price is very low now is the right time for buying, there is no doubt that prices will continue to rise this year so that makes me sure this year will make a new price history, and today the price has risen by more than 4% and has the opportunity to continue to rise until it can touched $30k in march.

I think the price it's at this moment is okay because if we have gone higher before all the uncertainty in the market at the moment, we could have dropped hardly compared to where we are. People are just impatient and want Bitcoin to pump without realizing that we don't have the factors that'll sustain that pump since the market isn't bullish yet.

The only disappointing thing I will say about the price is that we couldn't cross $30k last weekend, I thought it was possible but it didn't happen and I just hope we can cross that mark because if that happens then some positivity can come into the market which will push the price further up.

That's an option in my opinion but on the side to avoid regret when buying at high prices like OP did, it's really not too wrong if we buy as hard and as we can, it's just that in this case there are still things that can be taken into consideration such as buy the dip for now considering that bitcoin is bound to fluctuate, what's wrong with expecting and buying a lower price isn't it.
But if indeed we don't have analysis because we are new people or beginners there will definitely be some risk of being left behind so another option of buying fast and waiting is to learn first before we are really in bitcoin.

This is a great time to buy bitcoins because after its price rise reached a new ATH peak yesterday, there is a possibility that bitcoin will make another new ATH peak. And if it does happen again, maybe it will surprise us all because we never imagined the price could reach it's high again. We just hope that the price can go up at the end of this month and not experience another correction so that the price can go up even higher next month. But if we can't, it seems we can do nothing but keep accumulating more bitcoins.

Although price is not as big as before and price starting to recover we cannot still be so sure if this is good time to buy since maybe there will be another series of backward movement of the market and that one is what we need to monitor so that we can get a high chance to earn when bullish situation came or even the halving season hype nearly occur. I believe to many things will still happen to the market so if you cannot afford to hold for 1 or more years better play with the market movement because this can make us earn more bitcoins.

It has always been like that for most investors who does not take the time to monitor the price before they jump in, most people have this same sad story and the worst thing is not only buying at a high price but being impatient.

So we need to move on because at this time, no matter what price you bought bitcoin, is not too high considering what the price will be in the next couple of years from now.

I think you should not invest in bitcoin for short term because if you hold it for lengthy period of time then you will not be afraid of increasing and decreasing of cost. If you look for prolong price prediction then you should leave behind the current price and should think that whenever your profit becomes dual than your actual price you will sell your bitcoin.

It's reality that sometime you will get profit from bitcoin and sometimes you will loss you money. Everyone don't loss money through investment in Bitcoin because the know how to manage it and how to take decision according to price evaluation. You are afraid because you have little knowledge about it and I think that if you fully understand this thing you will be satisfied from your decision of buying and selling bitcoin.

If you are investing in other coins except Bitcoins, then definitely you need to have to worry about many factors. But when you are considering investing on Bitcoins, then the other factors doesn’t matter at all. The reason for this is that, Bitcoins are limited in number, that is, more Bitcoins cannot be created or made. So this makes Bitcoins very much valuable. Now the marketcap of the coin is also very high. This indicates that the demand of the coin will also increase, as the time will pass. Hence, if you bought the coins at high price , then don’t worry as in a matter of time, due to the high demand the price will skyrocket and you will get your desired amount of profit.

Seems that people are forgetting about the bank crisis. Basically yields are slowly going up and most markets are climbing. Today is a pretty good day in the stock markets. I am assuming it will stay like this until another bank collapses.

Bitcoin looks like it wants to test $30K. Most likely sometime this week. There is a huge buying going around in Asia due to the bullish government regulations there and I think after we break $30K, we will get more buying and might go even higher.

Actually he doesn't want to monitor the price or even check anything relating to Bitcoin because he can't accept the fact that his money is dropping. That is because he buy at highs before (he admits) but I think he already learned his lesson and said that is now waiting for the price to weaken first before he buy.

Buying low or buying at highs, we can not escape the volatility of  BTC and there is always a chance for our portfolio to go down but we should calm down and continue holding. Not checking the price often helps though, to avoid distractions perfect for long term holders but for those who do short term, they need to monitor the charts to know the best possible entry.

There are only two days left for this March and Bitcoin still has not touched $29K. Yes, personally I am also still very optimistic that Bitcoin can touch $30K, but I am still not sure that this will happen soon at the end of this month because the boost and correction impulses in this month look almost equal and both things are still very likely happen in this month which is generally not long in coming.

March is about to end but it's now close in reaching 30k marks however even if it reaches that amount I still opt not to sell my bitcoin. I still plan to buy Bitcoin as much as I can before some big pumps happen in the future. It's indeed good sign that Bitcoin shows positive increase despite the economic crisis, bank problems and even there is still war in other countries since not all cryptocurrency is able to survive those problems. This shows that many investors still chooses to invest in Bitcoin even there is no news yet that can make the price hyped.

We are still mired in a bear market in the Bitcoin market. Yes, when Bitcoin reached $15,000 a huge opportunity to buy Bitcoin was lost. Maybe some people could use this opportunity.  Some people were waiting to buy a little less than this but they were not able to buy. But currently, the market is in a position to invest from this position, but it must be invested for a long time.
Maybe we've lost the chance that Bitcoin won't hit $15,000 again. But no regrets we are moving to a better position very soon. I saw Bilaji Srinivasan in a news that day he said Bitcoin will be one million dollars in 90 days. Based on these words he held the bet. Maybe it's true that Bitcoin will be 1 million dollars in 90 days, I don't know. But how did he say it and take the bet? Anyway we will invest and wait. If necessary, we continue to wait until 2024 and 2025 for Bitcoin halving.

First, what is the price when you buy Bitcoin?
Second, what was the motive behind you buying Bitcoin at that time?
Third, in your buying position, did you understand what the market situation was?

Not accusing you of buying Bitcoin at a high price as you call it compared to the current price is a possibility that you bought without having basic knowledge of how the market is traveling.
Don't trade, but Bitcoin is an asset to invest in.

My take is the same it was months ago:

The bottom is in.
We will have a new ATH after the halving. Most likely in 2024, but there's maybe 30% chance it will happen in 2025.
The price will at the very least go above 30k this year, but there's a chance for 40k if more bank runs happen, or the FED starts printing.

I'm calm and confident. I don't have any immediate goals, expensive things that I have to buy. I have some things in mind but I'm willing to wait 2 years if I have to.

After experiencing a correction a few days earlier, today's bitcoin continues to strengthen and strengthened more than 4% in the last 24 hours. I'm also expecting $30k even if there are some doubts about that for the rest of March. Optimism, of course, must be maintained even if it is clear that $ 30k is not achieved this month.

We've seen a lot of bank crashes so far, so there will probably be some people run to bitcoin instead of keeping fiat. This is likely to trigger the price to continue rising, so I hope this bullish area will persist.

Price is always been volatile and this what you should bare up into your mind and there's no way that the price would really be stable which you are engaging on a market which does have that moving up and down

of price which is something that people do make out money which is really just that typical.This is why on the time that you do step your foot into this market then it is really just that right that you should be prepared
for whatever risks that you would encounter.There's no way that you would be able to avoid such volatility and yet this is the main reason on why people do make money.
If you cant bare up the movement then this market isnt for you.

I cannot fathom why anyone would wait for the price to rally to start investing when you had more than enough time to invest when the price touched its bottom and then complain that the price is consolidating than your investment value when you literally waited for the market to rally to make a move. The best investment is always simple, invest when the market is on a correction phase and then wait for the long term rather than making the same mistakes again and again.

That's probably right. SVB is back in the game again, their stock just picked up today which opened at $0.39 and is trading at $0.76 at the moment, that's almost a 100% rise in a day. So, it's probably a good day for the stock market as you said, and if the buying power on Bitcoin increases further, it will probably cross $30k even before when we expect it to.

It's having a hard time going to and above $29k at the moment, $28.8k has become the new resistance and only buying pressure can make it break through that, and then we might see it hit about $32k in a short span of time.

I feel that this is a critical time for bitcoin, where the price can still go higher or even go down again and there will be a correction because now the market is almost at the end of the week. But even so, the market will get a reversal so we will see a price increase from the current price to a higher price. So we have to be able to hold onto bitcoin tightly and don't forget to keep buying bitcoin again if we have money. Don't panic if you read news or videos about market predictions because no one knows for sure either.

Those who buy cheap bitcoin or when it was on the floor at the end of last year can sell and profit more than 70%, bitcoin indeed promises big profits because of good price fluctuations, but as traders we must be aware of various surprises that can happen at any time, prices easily fluctuate due to major issues or FUDs.

What high price do you mean? because the period after ATH the price of bitcoin tends to decrease and in my opinion bitcoin can be bought under any conditions because it is a long-term investment, so the buying period can be maintained with a long-term pattern. If you don't understand how to invest, then you should try to take chances when the price drops and learn the correct investment techniques, so that there is no big panic when bitcoin is corrected.

Unless you intend to trade short term and I think if you intend to trade short term it is not possible to buy bitcoins on a rising price, for this month there has been rapid progress for the bitcoin price and the positive trend is likely to continue into the next month.

this is why you must consider knowing what is your main target in this investment , if you are for short term then better to check the market most time but if you are for long term then this is the perfect way to stop checking the net from time to time.
because that will only mess your investment then.
why not just focus in holding so you won't be bother when the market keep changing.

Long-term holders must have a commitment so that the initial strategy used can be implemented. There are no psychological disturbances that will prevent the strategy from going well. In whatever area the price is purchased, stick to the initial strategy. But if it's too high to make a purchase it won't be good in every way if they're not prepared with it. Monitoring charts and doing some analysis before buying is a good recommendation, rather than just guessing without analyzing data management.

That is not entirely true to be fair, but not for any logical reasons but more on psychological reasons. I am a long term investor, I rarely do trades and if I do then this makes sense but even when I have no trades and purely just a long term investor, and I mean like at least a decade long holding, I still check the price because I am not invested just in bitcoin, but invested into the bitcoin world and I like to read about it.

Think about it like politics, you may not be a politician, but you vote every 4 years, does that mean you don't check what happens in politics in between? You still do, because you wonder what's going on and want to more all about it.

As investors or traders, of course we pay a lot of attention to the prices that occur, when I'm busy or see a red market, what I do is buy, for example, $ 200 and then sell by adding a margin to around $ 250, it doesn't matter if it happens for a long time or not more importantly profit than selling at a loss.

To focus on Holding also requires analysis, when to buy and when to sell. It's not easy to do Holding if money management can't be done properly. Short term or long term both have advantages and disadvantages. Some traders prefer to make short-term trades because it is fast enough to make a profit, but it requires good trading skills, strategies and knowledge.
and a strategy that is really effective and safe is to do DCA, it will be better to apply it in the long term, so that it will accumulate more and more assets and when the price rises there will be more profits.

You are right about the two investment time frames, but if I may ask, which do you think is better?
So far I prefer investing "buy and hold" for long term as one of the best strategies for earning worth it returns. Besides that, the accumulation strategy by utilizing DCA is also important to note, but the most important thing is that it's only long-term priorities that make me sell it.

I also don't have a problem with the way people make profits, but personally, long term buy and hold is a top priority which I've always made a habit of.

This is a good observation, often I see newbies that believe that in order to hold their coins they do not need to do anything except buying and keeping their coins for the long term, and while for an inexpert eye this may seem like the totality of what a long term holder does, this is not true, a long term holder also needs to know about how the market moves and the best moments to buy in order to maximize their profits and minimize the risks they take, otherwise holding their coins will become incredibly difficult for them.

     = With the price value of Bitcoin now that it is more than 28k$, maybe if I have extra money I will just sell it first and then just hold it, because I believe it is a really good long term investment.

Also, there is no reason for me not to do this because bitcoin has been helping me for several years to survive in this industry, even other cryptocurrencies are also helping me. So I think every month there will be an increase in the value of bitcoin little by little, like last month it was at 27k$ now its resistance is at 28k$.

What else can I say, I myself am in the trap when there was bull-run I took a wrong step and invested in Bitcoin when it was above 60k. And now I am still bearing that loss. And I decided to leave after seeing the end of it And since its price will surely go up, I want to wait till its new ath.

You can adjust the accumulated price to cut losses, if currently the bitcoin price is below the capital when you buy, then the most appropriate step is waiting for the recovery process to go to a higher price, it's a simple way to see bitcoin opportunities and you don't need to check every time.

Bitcoin can go up and it can go down over a period of time, but so far the price of bitcoin has been more positive. My question is at what price did you buy bitcoin?

Holding coins will be difficult when the moments where you have to take profits are not used properly. in the end they will hold on in the long run forever. The long-term strategy is not just about surviving, if it is possible to do DCA it will help add more and more accumulated assets. Long-term holding can be easy, but not for those who are initially committed, but immediately want to sell it when the price continues to fall, even though the decline is the right time to buy again. and what is a long-term coin recommendation is of course Bitcoin.

The important thing is that he must have strong fundamentals so that he can do well in terms of the benefits and risks he has to face, don't just be a long-term holder without a goal, it's the same as having no direction, but when there is an opportunity that they think is good, then do it and take that profit, as for the accumulation of DCA maybe he should pay attention about the next ATH then sell when it's high.

Bitcoin is still a long-term coin recommendation compared to other coins, at this time I still continue to accumulate as much bitcoin as possible before the price soars high or even approaches the halving and this is usually the moment where the holdings will sell when bullish comes.

But if you want to hold it for 10-20 years, it doesn't matter if you are strong enough to hold it.

maybe you should analyze again before buying bitcoin don't buy bitcoin when the price is high maybe a bear market is the time for you to buy some coins like bitcoin when the price is falling there we have to panic to buy coins buy coins when prices are falling sell when prices are high we have to know when to enter when to leave that is my strategy to get a lot of profit.

Bear market is the best opportunity to accumulate because the price is going to be cheap obviously, and if you have bought bitcoin at a high price, then the only option for you is to hold and not sell. You will only have paper loses though if you are not selling remember that, same as when the price is going up, it's all realized profits.

So our friend here is DCA, is the best strategy so far in this market and many has attested to that, specially those who have been in the game longer than us.

They have the experience to let us know what is the key to enjoy the market and make a lot of profits in the future.

It was a mistake but fixable, 1btc is still 1btc, and you haven't sold means you haven't lost. If you can buy at $60,000 and hold without selling, there's no reason you'd miss out on $30,000. Don't worry too much about those bitcoins, instead, keep accumulating bitcoins from now on because when the price hits $60k again, you will be profitable.

For investors, of course, price movements are important. If we pay attention to prices and increase, assets will automatically increase, conversely, if prices fall and assets drop, the best solution is to add to the balance or buy more, as long as we can hold back our emotions and be patient, we will profit.

I think it is also important to remember that if you buy at the high price and then start to buy at low price then it's going to be fine. I mean think about it, the price could be 60k and if you bought 1 btc there then your entry is 60k, however if you end up buying at 16k as well, then you invested 76k total and have 2 btc that makes your entry at 38k right?

So let's assume you bought some today, which is give or take 28k right? That means you bought 3 bitcoins at 104k totals and divide by three that's 34k. Only 6k above where we are right now, even a little less, like 5.8k or so. Which is proof that buying at high price doesn't mean a bad thing if you can fix it later on.

Those who buy at high prices or at prices that are twice the current price, of course they still feel worried even though they still hold it until now. Because when they try to collect Bitcoin again by not selling the Bitcoin they have bought before, it is clear that they have to use new capital again to benefit from the current price. So it's not only about the amount of BTC we have, but also about how much the BTC itself costs so that everyone can know how much they will lose if they sell now.

My take on price is that everyone is aware that bitcoin price is fluctuating in nature and this means that at every time it will be going up and another time it will be coming down.
Since we are fully awareof this nature of Bitcoin, we should not play ignorance of it at anytime.
People that are so much concerned about the price, that are always checking at the price and checking their Portfolio are the day traders and short-term investors.

So if you are a bitcoin long-time investor, you may not have serious business with prices and checking your portfolio at every time because you know that in the next two to three years there is every possibility that you'll have good increment in your bitcoin holding

Not only investors, traders also feel that fluctuating prices are very good for making profits. It's okay if the value of our asset decreases when the price drops, but we get the opportunity to buy again when the price corrects and hits a low price. After we can get it, we only need to hold it until the target selling price we want. Then we can sell it. And if we can do it repeatedly, our profit level will be even greater. But we must indeed be able to control our emotions and not be greedy because we see the benefits we can already get and we should immediately take the profit before it's too late.

That is true only for a specific group of people who have either bought at a higher price or have money in spare to buy more when the time is right, but those who have bought at a very good price and will all their capital are not really supposed to worry about any of that, and all they need to do is to hold on to their coins for as long as they can.

For example, if I have bought Bitcoin at $28k, but I still have some money left, when the price goes back to $25k or something, it will be wise for me to buy more. But, if someone has bought at $17k, and has nothing left to buy more, even if the price goes back to $16k or something, they just need to hold and do nothing else.

When you do find yourself on a situation on which you are really that impulsive when it comes to price movement then it is really just right that you should avoid on checking out things.Yes, we do need internet on everyday when it comes to communication which it is really that inevitable for you not to check out your ports.If you do have some port checker apps then you should delete that and if you are just simply holding
your Bitcoin then you shouldnt worry much with this investment considering that we do know about its potential unless if you are really that making short trades then you cant just avoid on
not to check it out.

Still submerged below 30k, meaning we can return to 25k levels quite easily if market wants to cash out for the moment.  That would not be especially negative just requires a larger sell in the market and BTC will be used as cash to settle elsewhere vs Dollar positions usually.   That short term cash out vs long term development isnt so important because it can always occur.
  Overall I think we are positive since we beat the 2022 negative decline and outlasted that trend to resolve more positively, however falling so far for so long and in a large percentage is going to be a while to digest Im still guessing this entire year to really regain positive movement on every time scale.

and that is what I also do sometimes specially when my investments turns rollercoaster as instead of having the feeling or urging to sell? i can prevent that feeling so what you are doing is good mate and keep the holding so this kind of questions will not cross your mind.
as long as you are holding bitcoin ? you are never losing any single amount.

You are in a situation of being trapped in a loss circle, there is no other way you can do it but wait until your initial capital returns. Don't give up quickly, let your assets continue to be stored in the wallet. Market cycles always go in two directions, never doubt about this. Bitcoin will rise again, history has always been like that. Correction is an inseparable part of Bullish, because after a correction usually Bullish will come.

When someone buys at a high price, worry is inevitable, but worrying without doing anything else will not help us quickly recover our capital. In investing, no one wants to lose money, it's true. But if unfortunately, things don't go as planned, we need new changes and plans to find a way to get that money back. Don't just wait and lament; Remember that investment is beyond profit, and we have to accept the risk if that happens.

Bitcoin is not a get-rich-quick investment, to get a profit, you need to hold it for the long term and ignore the short term volatility. It looks like OP invested in bitcoin when he wasn't ready, and now he's starting to worry about his investment.

Maybe it can still be considered if at any time the price falls below the initial purchase price. It might even be a good opportunity to buy, but if the reserves are running out then it's just a matter of holding on. This means that our ability to buy is limited, and don't panic when the price continues to crash. but when the bitcoin price drops further to $10k, I personally will pawn my empty land for money and buy as much bitcoin as possible. It's quite risky, but it's an opportunity that won't come a second time if it happens.

The price of bitcoin don't or never be stagnant, so therefore I believe that whosoever who is giving you one specification of bitcoin concerning the price conditions is doing that due to it's assumptions, because its obvious that no speculation or predictions of bitcoin always be accurate, so therefore my take concerning bitcoin price might be accurate or inaccurate due to its a personal preference or predictions of bitcoin price this time.

If we do daily trading, of course the daily price will always be monitored, sometimes I also like daily trading because it is more profitable and doesn't take long, very high price movements in bitcoin make daily trading more profitable, because the market is often difficult to predict, when we are optimistic the price will keep going up then soon the price will fall.

Price is an important thing for investors, if we want profit then we have to buy cheap and sell at high prices, of course it will be difficult for us to know whether the current price is cheap or expensive, but I think if we buy now and be patient then we have a chance to earn big profits.

I am not that affected by the swings of bitcoin nowadays. I just started another DCA last December and it is doing good so far. If bitcoin drops, I am happy because my next buy will be cheaper which means lowering my average cost. And if bitcoin increases, I am seeing the green gains in my portfolio tracker and it feels good. Bitcoin will continue to have swings and some of them might be big swings but still, I am optimistic that its price will be better than last year. Halving is coming, so we expect a better year.

I also started accumulating last year, and compared to my average purchase price, I was profitable. But if you give me one wish, I would expect bitcoin to fall back rather than recover. I don't expect bitcoin to recover or a bull season will come soon, I want to buy a lot and accumulate bitcoin at the lowest possible price. I'm the complete opposite of the OP, I don't see any anxiety when bitcoin goes down, that's more interesting to me than a bull market.

That is the right way to approach this market as well. I mean normally when bitcoin goes down, it should be obvious that we should be able to approach this as a great thing and should be buying as much as possible.

I am not really sure how long it will take to have something like that, like a lot of money to accumulate a lot of bitcoin, even when the price is low, sometimes we do not have the funds to buy bitcoin so it happens to be a bit hard when the times do not match. But when you have funds and when the price is low, it is a blissful moment and it's great to buy it. I personally believe that it would be amazing to end up buying bitcoin during those days.

Lol! To be honest, I have the same choice as you, if I were to decide which direction bitcoin is headed. I mean, it is more profitable to us if bitcoin dips since it will lower down our average price. My conservative assumption on the bitcoin price this coming 2025 is $100k minimum. This means if I continue to purchase bitcoin at $28k above, I might not be able to x4 my ROI with my conservative target. Anyways, maybe I'll just compensate for it with my altcoins which I also expect to grow a lot during a bull run.

Anyways, at least we are free from anxiety about the bitcoin price whether it goes up or down.

I also found allies ;D ;D. I don't think there will be many like us, most people are expecting the bitcoin price to recover and rise from now on rather than expecting it to fall back. Sooner or later, bitcoin will go up in price and hit a new ATH, so I'm in no hurry, I prefer bitcoin down more, longer so I can accumulate it at the highest possible discount. As you said, think about it, buying bitcoins for $20k and selling for $100k is more profitable than buying bitcoins for $40k. I really want to know why people don't like to buy at low prices.

The increases and then following that the stagnant stuck price tells me just one thing; a break out is on its way. I believe that we will see the price go super high once again, just like how it went from 16k to 28k quickly, we may end up seeing it go from 28k to 38k or whatever quickly just like that as well.

It is going to end up being something that will take a long time for us to understand and realize. I am not going to end up understanding the whole point right away, but it will probably happen not too late. Maybe a few more months like this, probably not that much neither and it is going to end up with a good return when the breakout starts, so buying now is a good idea.

Right now I see the market as a powder keg about to explode, the instability of the economy helped bitcoin to grow in price very rapidly, and right now things are stagnant because speculators are waiting for another signal from the markets, if there is no economic problems during the next months then the price may begin a slow descent, but if there are more problems with the banks then we need to prepare as another explosive growth could be on the cards.

You have an optimistic viewpoint. I am also hopeful that bitcoin will make a breakout, but the fading volumes make me doubtful. If stablecoins don't start coming back into the market, then a correction may await us. Which would also make sense, because the market has been rising for almost four months in a row, which does not happen very often without a correction.

When you look back, we have been in a bearish phase longer than the price recovery over the last few months. I'm not saying it's an up trend, but it's a market recovery phase which is what it should be.

I honestly think it was not feasible for bitcoin to trade under $20k for some time last year, I mean it was way too low after hitting $69k. Miners have to cover lot of costs for their mining operations and when bitcoin are trading below $20k, that's actually making them losers - imo. So instead of expecting correction after few months of recovery, you should expect this recovery to continue to break through $30k and above.

If you are going for long term in bitcoins price then checking out the market isnt really that much of a concern because whether it would really be going down then you cant really that make yourself that
impulsive when it comes into its price on which you wouldnt really care that much since you are after on long term target or goal but when you do go after for a short time period then it would be an another story on which you would really be that too much in concern on where you should be selling on short term period. In overall, if you are really stepping your foot into this crypto
space then you should really make yourself that prepared when it comes to volatility because this would be the main thing on why we are here on the first place.

In the world of crypto, it occasionally occurs that you acquire bitcoin at a high price and afterward wish you hadn't.

Such an occurrence has happened to me before. investing in an altcoin, not bitcoin. I hurriedly invested since I believed the altcoin I had in mind will skyrocket in value soon and I didn't want to miss it before it happened. I invested in it, and in the coming weeks, its price significantly dropped. I felt horrible about it, but I have to be decent and act normal because the bull run is coming.

Bitcoin investment works in this way; you can never predict when it will be cheap enough to invest in. The best and only thing you can do is invest money you can afford to lose and wait patiently for your investment to pay off.

Yeah, just like when we don't have the opportunity to accumulate when the price is less than $1k. I was here already when I see the price in the $700-$900 six years ago prior to the all time high of $19k++ in 2017. And then we have another opportunity in 2020, when it goes down hard because of the pandemic news and all of it's Covid-19 scare, at $3k++.

So that will be the norm, or will have the same kind of fate last year, it was sub $20k, and hopefully there are investors who jump on that opportunity to accumulate because that price might not be available to us again. And with that, we should prepare, at least the price of today at $28k could still be in the middle grounds as a good price to enter. Again this kind of opportunity will not present itself and we can only look back at those opportunities that we didn't take advantage of because we think that the price is too expensive to us.

Today after Bitcoin's price movement to 28k, Bitcoin is showing some sign of rejection at this critical resistance level of $28.5k, Using the 4 hourly and the daily candles, Bitcoin has previously taped into that zone so many times in the past and got rejected up to 8-13 times, and it has become a very concerned area to smash and get a breakout. While on the down side ,creating some liquidity at the 27.8k -27.6k zones, So, if the price failed to break out from $28.5k, then it is likely that this price movement is a move to get sellers trapped in the area to push the price down.

Then stop looking , easy at it is, because the more you check the market and your folio is the more you become bitter on how you invest in that higher price, but sooner when the recovery happens and recorded the new ATH? the feeling will change and this is as long as you are willing to hold and wait still.

Well , let's start with 2023 because this year is still on frenzy mode and anything can happen anytime when it comes to Bitcoin price , market reactions and more. So my take on the price for 2023 would be that Bitcoin might make another sudden drop in price. My guess would be around 15k and correction can occur by the end of the summer or even during the summer time because Bitcoin cycle always repeats itself in a way or another and normally we should have this price drop.

On the same time , we can hope that Bitcoin will break 30k$ range by the start of the summer and it will maintain above 30k at least for a couple of weeks , to actually break the bear market entirely and completely enter in the bull cycle period. Ohh man , I hope 2nd one will happen because if we have another price drop , 2024 ain't so bright as well.

Before you drop money into it, why not consider all the possibilities that will occur, even to the point where you have to be prepared to see estimates drop drastically? Then you really fall for FOMO and don't do the research to drop the money properly. I mean most of them when ATH is not starting to buy but ending to sell. So when you want to enter and place a purchase entry, you should wait for a bearish moment first. Do not rush just to see a momentary price increase. 5 years later you will definitely see the benefits again. But will that convince you? it is very difficult when you are determined but not accompanied by knowledge regarding the risks of investing in Bitcoin, whose value is very volatile.

What a sudden jump in BTC price :o! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ?  ;D ;D They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days.

Well, Bitcoin just broke $30K and it will possibly reach $35k in next few days however nothing is guaranteed. The crypto market is unpredictable, we should expect and get prepared for all scenarios. In my opinion, the next bull run is coming soon, it means if you have extra cash or an acceptable amount of stable coin, you have to convert most of the balance into Bitcoin before it’s too late.

In addition to that, sometimes we should avoid over checking media news and predictions, they might negatively affect us and our decisions. In fact, without having a multiple strategies or plans , it would be difficult to make large profit due to market’s condition changes in every period. The more you have strategies and self- control , the safer you are.

Don't get pressure while trading because it will not be better for you and I will give you advice that don't buy something for short term but buy coin for lengthy period of time. Bitcoin is that type of asset in which you do not have to check the price regularly because this will make you sick.

You can also join some groups in which there is always a discussion about the ups and downs of price so in this case you will not face any loss. Now the price is not as low but we don't know that whether it will increases in price more or will come back to it's lower worth but according to the crypto experts there will be a huge up in bitcoin price so don't sell your bitcoin and just keep it with hope of getting huge profit from it during 2024.

I feel like bears finally gave up, they tried to make news about anything, bad news about FTX, bad news about Binance, bad news about CZ (interpol), they tried their best and eventually we knew that none of that mattered and we would be doing fine. Even just in 2023 we had periods when bad news happened, just look at trying to sell 10k bitcoins gotten from Ulbricth or whoever that dead pirate roberts dude, and postponed it after the price crashed, they just let the news out first to crash the market.

We are done with all that and we are going to be doing fine. I hope that it does well soon enough and should be going even higher in price. Not a lot of people can say that about their future, but that is very important.

Nothing lasts forever, the market cannot go down forever, nor can it go up forever. The market is always there, bitcoin is still there, and only the investor is ever changing. Bitcoin has crossed the $30k mark and congratulations to those who believe in bitcoin and have reaped the rewards. While there's no guarantee everything will go well once we cross the $30k mark, let's celebrate and enjoy after a year of fighting the big bears. But do not be too subjective, the bears have never completely disappeared, they can turn the situation at any time.

This is where people should be realizing or bare up into their minds that the market does have two different paths to take or conditions which we would be able to experience which is upward or downward movement

on which it would really be that understandable that we cant really just be going down like forever.This is why you should really be that wise on taking up your position on the time that the market would be having bearish sentiment or everything is declining or crashing because we know that this is the best time that we could really make ourselves to see the opportunity to buy cheap and wait up for the market
to have that recovery and this is something that inevitable and this is where people do miss out those profitable positions just because they are really that hesitating.

Since you have invested in Bitcon from the higher market, due to which your money has decreased a lot. And now the market is increasing in this way, there is nothing to be disappointed in the market, the market is the most likely to reach level. The high position that you have invested in Bitcoin is the possibility of recovery. Currently the market has become a bit bull market, so you can keep full faith on Bitcoy. It has come to increase the market, so I think you invest in Bitcon and hold for a long time.

Supposedly, some claim that there's little resistance for Bitcoin to reach $40,000, so I wouldn't be surprised if we see it happen in the upcoming months. However, the market could be compared to a cardiogram; it has its ups and downs and, in general, is unpredictable and also susceptible to a variety of external factors. I don't expect miracles to happen anytime soon; the current economic situation isn't helping investments at the moment, and thus, I wouldn't expect Bitcoin to thrive by surpassing the previous ATH anytime soon.

We must be careful as people let hype to influence them too easily, last year was bad for bitcoin and there were some extreme pessimism back then about the future of bitcoin, this year has been a good one and suddenly some believe we could reach a new ATH even before the halving takes place, and neither of those postures is healthy or realistic, and this is a huge mistake as all markets reward the traders which understand them the best, while it punishes those which fail to do so.

then don't look at your folio mate, that will save you a lot because the chance of selling while at loss will gave you way of preventing this to happen.
actually there are some of us(including me) that already a victim of wrong decisioning , and that is why I have less in checking my folio nowadays for not tempting to sell .

It's fine if you're not tempted to sell, but you should at least check your folio, though not as often. Because it can also help you at certain times, such as when there is a moment of increase that makes someone not suffer a loss if they want to sell it. But usually people who are not so tempted to sell early often get the best price when they sell, because when there is a price increase, almost everyone is talking about it so there must be a lot of people who will make a quicker decision to sell.

It depends on the situation but i would definitely say that even if you are tending to hold for long term, you would really be setting up and wont really be watching the price too often but not in my case

on which i do really do the opposite.Even though im holding for long term, it cant be avoided for you to check out and doesnt want yourself to get left behind and does want to know on whats happening in the market and this is where i do love the most. Yes, it cant be avoided to be that emotional when the market goes red and would really be hyped and shilled out when the market is going up.
You would really be neither be panicking or tempted on doing things on what you are gonna do when you are updated on the price movement.