What if $70k was Bitcoin ATH for the year?

[dbc23]

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

[Reid]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin.

Yes, you are not in control of the market so better be satisfied with whatever it offers. $70k is a lot of money.

Will it make you more richer or it wouldn't add any value to your intial capital.

It's not about being rich, its the value that is being received by Bitcoin that should be the joy of every Bitcoin holder. Maybe it will be a different answer with short term investors or traders. Try asking it in Trading Discussion.

Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Even if you purchased it late if you are not really going to spend it just yet then there is nothing to worry about. Bitcoin will surely pump more as it grows older.

[mk4]

How will bitcoin literally breaching new all-time highs not add any value to your portfolio though? The only way for it to not add value to your portfolio, is if you're not holding bitcoin in the first place.

Also, I don't really care if $70k is the top this year. My investing time horizon isn't 2 months, and it will just give me more time to accumulate.

[Fundamentals Of]

Of course I will be satisfied. And probably more satisfied the following year because that would be the year when the price of Bitcoin would reach six digits.

Of course it will also make me richer. $70,000 per Bitcoin makes everybody who owns Bitcoin richer. That means all who bought Bitcoin have already profited. So all the initial capitals have already made a return.

Why would somebody be ungrateful if Bitcoin reaches only $70,000? That means the rest will be given later on. It is a reminder not to sell.

[batang_bitcoin]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin.

Yes, why someone would be disappointed to see bitcoin ends with a high price by this year?

Will it make you more richer or it wouldn't add any value to your intial capital.

I don't know but it will make me able to buy the things that I want and will give me that much savings. And from the profit I get there, I have another capital to invest.

Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

It's essential to buy whenever the market goes down. But if you don't have a budget, you should just keep holding.

[michellee]

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

Temporarily, I will be satisfied if bitcoin reaches a new ATH at $70k at the end of this year but I believe that the price will not just stop at $70k as the chance to increase more than $70k is still wide open. That will change my funds and that can become bigger, especially if I can sell at the right time. I am also sure that the altcoin will follow bitcoin moves that increase so hopefully, I can make a double big profit from my investment.

I do not regret it because I think I am not late to join the trend as I have already prepared some to enjoy my profit later. We still wait for some time to see bitcoin price will start to increase while we have more time to buy bitcoin or altcoin at the current price.

[Dave1]

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

Just for the sake of argument? Of course why not? $70k is already a good price for this year.

Not sure what you mean by adding any value to our initial capital, but definitely if you have been saving bitcoin since the start of the pandemic when the price goes down to $3k, you are already in a big profit.

There's always been regrets in life, not just crypto. The thing is how you are going to stand up and make up the lost ground.

[Gozie51]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.

If I won't be mistaking , bitcoin got to $66,507 level and $70,000 from that is $493 in profit or difference and that will instantly make the shape of your portfolio change depending on the numbers of coins you have so it will add value.

Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

And buying this correction , the difference to $70,000 is a lot of profit this will create more rich people that will either regret not hodling after December or that will be happy after. This is where I see the regret coming from.

[adaseb]

I don’t think it was the top, I think the top will be more in the $75-85 area or so. Maybe even at like $95K. However I don’t think it will go somewhere crazy like $100-250K which is what most people are expecting.

Many people here might disagree and call me a bear. Or that I am having 2018 market PTSD. However it’s just the goal i set in the past and I will stick to it. Not getting out of Bitcoin just will hopefully be able to buy it back cheaper if a bear market comes.

[bitzizzix]

Yes, every new ATH will make everyone rich and happy because the profits to be earned will increase and but that doesn't mean they will sell all their holdings when a new ATH is created.
most of them only sell part of the profits to enjoy and the rest are held to wait for a higher ATH, some even don't sell it at all because everyone has different strategies and targets.

[Wind_FURY]

OP, more. I believe twice more, at least, than $70,000. But what do I know. I am merely just another pleb in the forum, with an opinion that there will be a big surge by the second week of December. HODL.

[aoluain]

This is a very subjective question, the chances are that anyone who bought Bitcoin
in the $60k region wont be satisfied with $70k, anyone who bought Bitcoin in 2020
and before will be well satisfied with massive gains in FIAT value.

Also if you are a Bitcoiner with a long term outlook $70k is only another point along
the road to a far greater value.

[Doell]

regardless of the actual price I'm satisfied now because it's over 60K but the name is human I will not be satisfied even if it's only 70K  ,my advantage can buy more birds so I'm not completely satisfied if it's only 70K maybe 80K can make me satisfied ! making richer is a bonus but well it will make us rich ,I'm a little regret for late yesterday's trend not add units BTC but anytime there's still time

[LogitechMouse]

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin.

I would be. Who would not? I mean many are waiting for Bitcoin to be at $70,000 right?
Ohhh I forgot, there is no such thing as satisfaction with the people. What I mean is that if we see Bitcoin at $70,000 some will say "Ohhh it will go up more to $80,000 or even higher blah blah".

Will it make you more richer or it wouldn't add any value to your intial capital.

I bought my Bitcoin since 2019 and I'm holding it so it will make me richer.

Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

I will feel more regret if I joined with the hype of Bitcoin. I would rather wait for a retracement before buying. I might feel regret if I joined or bought late but it seems that I'm not doing it .

[LFC_Bitcoin]

Most of the widely respected analysts predict far higher than $70,000 for the top of this cycle. I think we’ll break $100,000 before Xmas but let’s wait & see.

[eaLiTy]

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

Even if the price crashed majority of the investors had their initial capital long back, i was fortunate enough to get in the market literally early and i never thought that the price would reach this level in 2021 and i consider it as a huge bonus and i already booked my profit in this fiscal year and i am looking at how long the market would rally and then take my position accordingly.

[dragonvslinux]

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

I would be satisfied, as someone who accumulated for the past few years, and has taken enough profit to be playing with the house (thanks to shitcoins mainly). But ultimately, given the amount of accumulation in the past 6 months, $70K as a top simply doesn't add upto me. Unless the 4.08 year cycle is to be broken, which so far after 10 years of price history as yet to be seen, it has only proven stronger as a trend.

Now that price has spent 6+ months consolidating between $30K-60K, I'm not that bothered anymore if this is the top either. If we saw a drop from here to find a new low in 6-12 months time, then it would likely be bottom out at the 200 Week MA that would be around $25-35K, and therefore *only* 50-65% drop. Not to mention that we already saw price drop to $28K, so nothing we haven't seen before...

This is ultimately for me why I see the likelihood of price going higher, beyond $100K and have a parabolic blow off top, because otherwise it'll be very difficult to see a 75-80% correction within 6-12 months. As referenced, it'd be more likely for price not to make a new low around find support around $30K if price were to start dropping, which would just give an opportunity for more accumulation at a discount.

[Furious 7]

I will be satisfied even if ATH $70k because for me it is a new record and no regrets on the slow trend because the journey is still long in the next post so what is there to regret? We can only wait for the best time.

Bitcoin is towering because of a long journey so we must really believe that bitcoin can exceed the ATH mentioned, I think with some of those predictors we can combine but we must be able to hold on to the situation that will continue.

Next year's target is $100k I'm sure of that.

[Poker Player]

Well, in my case I hope, and wish, that we will at least break the $100K barrier this year. If that doesn't happen and the maximum is $70K, on the theoretical side I will start to think about which predictive models are correct, once it will have been proven that the S2F and others like it are not correct, but on the practical side I will continue to buy Bitcoin, mainly for its intrinsic properties, and I remain confident that in the long term it will continue to rise.

[beerlover]

Isn't that fine? I mean do you really must get 100k+ or whatever you are aiming at for this year to make you happy? I am totally fine with whatever we have, I do not need to see something that is grand to be happy with the situation. Now dropping a lot is a different case then having a high price, I could be happy with not reaching 70k+ but if it reaches to 30k against this year that could be a little bad.

I would still not be worried, just get more bitcoins when it is cheap so I would be still glad that it dropped, but I would also understand people who end up scared as well, that part makes sense. If you are all in and not making any more purchases then you could be a little upset when it falls down.