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Author Topic: After the dip in crypto, when are we expecting ath?  (Read 619 times)
Gozie51
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May 27, 2024, 03:08:07 PM
 #81


I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

Funny and you will still watch it increase to your surprise. I guess you are a new hodler which is why you are scared. Well, the expectation is still high for the price of bitcoin to increase. At least with the history of bitcoin, it has not done a bull run after the halving because the increase it did to get above $70k was before halving so it has to do a traditional bull run that follows the history of bitcoin halving. So you have to be patient and probably wait for a year more to be worried but for now take a chill pill and DCA for more in your wallet.
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May 27, 2024, 05:00:25 PM
 #82

The more substantial and volume consolidation that occurs the more optimistic I become for a higher ATH and one that can last.    If we fail in any attempts to move downwards that ironically does raise possibilities on an improved ATH and general gains.  At the moment the situation is more balanced with neither side moving us out of a range for months now.
Price depends on the volume too, so it's no brainer that if there is more volume, we can also expect that more price will be added a long the way. There is only no guarantees if it can last longer because it also attracts more people to sell most of their coins and that can dragged the price down very easily.

When you say attempt it means intentional but I think many of us doesn't want the price to go down and when it does, it only happens accid0entally. IMO BTC's volatility is still there but nowadays we are moving upwards than downwards. This is because the presence of the bull run is still there due to the recent positive events that we had last time.

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May 27, 2024, 05:09:01 PM
 #83


I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

Funny and you will still watch it increase to your surprise. I guess you are a new hodler which is why you are scared. Well, the expectation is still high for the price of bitcoin to increase. At least with the history of bitcoin, it has not done a bull run after the halving because the increase it did to get above $70k was before halving so it has to do a traditional bull run that follows the history of bitcoin halving. So you have to be patient and probably wait for a year more to be worried but for now take a chill pill and DCA for more in your wallet.
I think he holds several other altcoins so he is worried about the price drop because all altcoins were not positively affected after bitcoin reached the current price of $70k, that's why we always recommend holding bitcoin for your portfolio, even if you hold altcoins don't recommend above 30% of your total assets because we review each potential coin differently and some altcoins end up being scams only causing price and trading volume losses, so choose wisely ETH and Bnb altcoins in my opinion are the best choices of coins besides BTC.

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May 27, 2024, 05:19:58 PM
Last edit: May 27, 2024, 05:40:46 PM by STT
 #84

2025 at the earliest imo not that Iam a pessimist but its too late now to hope for a grand ATH to be set this year.  If you hope for that you arent aiming very high at all.

The one factor to really weigh in and say otherwise with an unstoppable inertia is the 200 day average.  It is the most commonly known and referred to technical indicator, its completely simple in its nature and reflection.

The 50 day wavers which is useful variance on a trading basis perhaps but the 200 day we can see recently is just almost a straight line up.   Despite our current troubles we have that fallback of a long term positive.  However that does mean 2025 to me, this year would be too soon imo.

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May 29, 2024, 02:16:38 AM
 #85


I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

Funny and you will still watch it increase to your surprise. I guess you are a new hodler which is why you are scared. Well, the expectation is still high for the price of bitcoin to increase. At least with the history of bitcoin, it has not done a bull run after the halving because the increase it did to get above $70k was before halving so it has to do a traditional bull run that follows the history of bitcoin halving. So you have to be patient and probably wait for a year more to be worried but for now take a chill pill and DCA for more in your wallet.
I think he holds several other altcoins so he is worried about the price drop because all altcoins were not positively affected after bitcoin reached the current price of $70k, that's why we always recommend holding bitcoin for your portfolio, even if you hold altcoins don't recommend above 30% of your total assets because we review each potential coin differently and some altcoins end up being scams only causing price and trading volume losses, so choose wisely ETH and Bnb altcoins in my opinion are the best choices of coins besides BTC.
Holding potential altcoins is, of course, still quite good and trustworthy, such as Ethereum, BNB, SOL, but it is true, and I agree with you that holding other altcoins certainly cannot be recommended, because many things happen that are beyond predictions.
I think the portion that is done as you say is very reasonable, 30% for altcoins and the rest is all a priority for bitcoin, because the potential for bitcoin is greater and very small losses can occur.
Many people complain that Bitcoin is too expensive, so you can use the DCA scheme, waiting for the renewable ATH to occur in 2025. So there is still quite a long time to be able to prepare.

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May 29, 2024, 08:45:47 AM
 #86

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
We never know either but we live with hope and trust that the market will always recover after the dip, we just need to stay strong and patient enough as it was not right to happen instantly. That is also why we should choose the right coins, those coins that have been known for their profit potential, not just because it was introduced in social media. Keeping these things has no chance of losing but rather earning money.

Currently, the price of Bitcoin is at $67,766, which is not high enough to say for ATH but we can expect it until next year. Was not long to wait if we were patient.



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Rainbot
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May 29, 2024, 10:57:42 AM
 #87


I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

Funny and you will still watch it increase to your surprise. I guess you are a new hodler which is why you are scared. Well, the expectation is still high for the price of bitcoin to increase. At least with the history of bitcoin, it has not done a bull run after the halving because the increase it did to get above $70k was before halving so it has to do a traditional bull run that follows the history of bitcoin halving. So you have to be patient and probably wait for a year more to be worried but for now take a chill pill and DCA for more in your wallet.
I think he holds several other altcoins so he is worried about the price drop because all altcoins were not positively affected after bitcoin reached the current price of $70k, that's why we always recommend holding bitcoin for your portfolio, even if you hold altcoins don't recommend above 30% of your total assets because we review each potential coin differently and some altcoins end up being scams only causing price and trading volume losses, so choose wisely ETH and Bnb altcoins in my opinion are the best choices of coins besides BTC.
Holding potential altcoins is, of course, still quite good and trustworthy, such as Ethereum, BNB, SOL, but it is true, and I agree with you that holding other altcoins certainly cannot be recommended, because many things happen that are beyond predictions.
I think the portion that is done as you say is very reasonable, 30% for altcoins and the rest is all a priority for bitcoin, because the potential for bitcoin is greater and very small losses can occur.
Many people complain that Bitcoin is too expensive, so you can use the DCA scheme, waiting for the renewable ATH to occur in 2025. So there is still quite a long time to be able to prepare.
When it comes to altcoin investment then it wont really be that a bad option on which you could really be that still consider on having that investment but of course the moment you would really be tending to diversify then risks would multiple too and same goes with earning opportunity on which this is something that we will really be able to achieve too, this is where most people would really be trying out to deal up with such thing. This is where we do tend to jump into tons of options as much as we could but of course the more would really be more riskier.

Talking generally about dips and pumps then it would be always be that a part of crypto space or something which is really that normal since we are really that dealing with speculative market
on which price movements is something that you cant really be able to know and everyone that deals up with this market. This is why we do really keep on making those speculations
no matter what and its normal that there would be too high price or low ones. There's no right or wrong on this one.

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May 29, 2024, 02:45:54 PM
 #88

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
You have to be patient my friend, even if Bitcoin will not perform as hugely as people expect, I am certain that it will still edge towards a profitable investment for you. This is why you have to learn and have a full understanding of what you are committing your money to. Every investment is a risk and you should never invest more than what you can afford to lose regardless of how promising that asset is. This includes Bitcoin as it will always have its ups and downs moments since there is no asset that can be moving up in a straight slope, this is why they say the market is dynamic, you can't always accurately predict it.

But one thing you forgot to mention is the price at which you struck the asset, it would have helped me to guide you better. Above all, if you buy Bitcoin at a high price, do not think you will gain much since your risk is even higher than those investors who struck it at a low price. Such like you should also be so proactive and speculative about this so that you liquidate your position when a confirmed bearish mode is activated.

Lastly, my advice for you is to go and learn more about trading and investment and not rely on what you hear or what people dictate to you.

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May 29, 2024, 06:17:03 PM
 #89

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
That means you know the consequences that will occur and you try to take advantage of small moments of momentum to generate profits. My question is how do you make portions and strategies for each purchase of these coins, do you understand before buying?

I'm not sure you can be patient with the condition of some of the coins you buy because talk about volatility and maybe you can see the cycle repeating itself for Bitcoin but there are no guarantees for some other coins. If in the end you experience fear then it is the wrong choice and you should understand it before buying it.

I do not know how soon they will begin to rise again.
Especially in Bitcoin, you will see a process of increase and correction all the time and that doesn't talk about ATH. But for other coins you made the wrong decision and I don't know how you made that decision.

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May 29, 2024, 06:18:40 PM
 #90

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
We never know either but we live with hope and trust that the market will always recover after the dip, we just need to stay strong and patient enough as it was not right to happen instantly. That is also why we should choose the right coins, those coins that have been known for their profit potential, not just because it was introduced in social media. Keeping these things has no chance of losing but rather earning money.

Currently, the price of Bitcoin is at $67,766, which is not high enough to say for ATH but we can expect it until next year. Was not long to wait if we were patient.
Basically the trust that we have towards bitcoins recovery after a fall is because we had that all the time and that is allowing us to have that trust over and over again. So far anytime bitcoin went down, it has recovered and went higher, meaning that if you buy after every drop, you gain money after every recovery as well. If that has been the case in all of history then why would we think otherwise would happen?

This means that we are going to see bitcoin have a great situation, we just need to make sure that we can keep a hold of it. If you sell after every fall, then you are going to end up losing a lot of money, and that is not going to be all that easy, we should focus on how to get better at it and get more profit.

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June 05, 2024, 03:54:20 PM
 #91

I don't think people will be able to give you accurate time the bull run will occur, but they can only guess which you need to be focus on the market price for you to know the price that will satisfy you before you can trade to take profits when the bull run start.

The ATH that happened easily this year, it was a surprised to people because people thought it will happen before the end of this year, but it happened last two months, and it make many hodlers to earn big profits from the market.

If the ATH will going to happen this year, it will going to be end of december because the price of BTC is still between $70k and $71k, which there is a sign it may hit $90k or $100k before the end of december.

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June 05, 2024, 07:49:46 PM
 #92

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
We never know either but we live with hope and trust that the market will always recover after the dip, we just need to stay strong and patient enough as it was not right to happen instantly. That is also why we should choose the right coins, those coins that have been known for their profit potential, not just because it was introduced in social media. Keeping these things has no chance of losing but rather earning money.

Currently, the price of Bitcoin is at $67,766, which is not high enough to say for ATH but we can expect it until next year. Was not long to wait if we were patient.
Basically the trust that we have towards bitcoins recovery after a fall is because we had that all the time and that is allowing us to have that trust over and over again. So far anytime bitcoin went down, it has recovered and went higher, meaning that if you buy after every drop, you gain money after every recovery as well. If that has been the case in all of history then why would we think otherwise would happen?

This means that we are going to see bitcoin have a great situation, we just need to make sure that we can keep a hold of it. If you sell after every fall, then you are going to end up losing a lot of money, and that is not going to be all that easy, we should focus on how to get better at it and get more profit.
Market would really be having two possible movements on which it would really be able to move up or would really be going down. It could also make some sideways or consolidation period on which this is something where you would really be making out decisions whether you should buy more or would be waiting up for the possible bottom. Now that we are talking about Bitcoin or any other coins that we do have in the market then in every dip then there would really be always the possibility of making some new ATH on which we know that on this crypto market where everything could really be that possible specially if there would really be that a community demand and recognition on which it could really fly up those numbers into the roof and this is something that needs up to be considered, but think or mind carefully that there would really be only those projects which are really just that good to be hold up for long term because not all of them would be able to do so.

This is why if you do consider out on making some long term holds then make it sure that you would really be dealing up with those established coins that we do have in the market which is Bitcoin.
Although people would really be looking for something that could bring out more profits on which is why they would really be considering on other alternatives too.

R


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June 05, 2024, 08:07:38 PM
 #93

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
We never know either but we live with hope and trust that the market will always recover after the dip, we just need to stay strong and patient enough as it was not right to happen instantly. That is also why we should choose the right coins, those coins that have been known for their profit potential, not just because it was introduced in social media. Keeping these things has no chance of losing but rather earning money.

Currently, the price of Bitcoin is at $67,766, which is not high enough to say for ATH but we can expect it until next year. Was not long to wait if we were patient.

We have a big jump already, after the price is hovering around $67k, it now moved about $70k but still very far from the last all time high of $73k. So it think take quite sometime to get into $71k after the block halving last month and it just shows that the market is taking sometime to settle down. But it doesn't mean that we will not having a break out run, it's that we should wait for that perfect time.

Maybe there are news in the last 24-48 hours that makes the investors pour their money again. So we will see, it will take a lot of patience, I mean we have been in the bear market already, seeing lowest low of $15k, so why need to rush and see new all time high? We can at least wait till next year 2025 because there is a big speculation that 6 digits is very possible in this bull cycle.

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