buwaytress
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April 09, 2022, 11:02:57 AM |
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Then I suppose we just have different standards of what the word recovery actually means, but regardless of that I think bitcoin can do well during this year and even reach a new ATH, I just think that this is going to depend on factors that are not under our control, inflation all over the world is very high due to the economic policies taken during the pandemic and the war at Ukraine, if things keep going in this direction then bitcoin will once gain go up in value significantly during this year, but if governments find a way to slow down this process then we may have to wait until next year for a new ATH.
Not to mention the increasingly differing standards people seem to have about what "short/medium/long" term means. I must be super boomer as long-term means decade an upwards, and very-short term is a year and less, but I'm still getting used to the idea that a lot of people seem to take long-term as something within a halving period. Recovery could still be part of the process if we look at the post-2017 era as an overheating of markets (as I sometimes do). Who are you fooling? you bought A LOT of bitcoin when the price hit 69k? do you really believe that we will listen to that Story telling? lol
It's a troll/spammer/shitposter. No need to feed. Report and move on ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Ziskinberg
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April 09, 2022, 12:54:44 PM |
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I always try to look at long term movements when it comes to Bitcoin. Did you now that at October of 2020 BTC was valued with just $10,000. It is not even 2 years yet and we want it to break a new all time high.
I did, and very unfortunate that I don't have the guts to buy more during that time. I've been supposed to triple my investment by now. I certainly miss the chance. You should try contacting Elon Musk and thank him for making a hype and putting it at $60k. But that's all a short-term movement. If this is our new bottom which is $40k then be glad about it. It just took 2 years to make $30,000 without even doing a single thing. Just keeping 1 BTC in your wallet.
Elon Musk will just ignore us, he doesn't bother us and wastes his time. We'd rather keep in silence, hold, and wait for the next halving as surely the bull market will come. This year is not a bullish season. Indeed, I was an optimistic person and also believe in the potential of the market but sometimes we also accept that not all the time the market is always high, this year isn't as great as last year, that is what I see.
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serjent05
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April 09, 2022, 03:52:10 PM |
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The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
Who are you fooling? you bought A LOT of bitcoin when the price hit 69k? do you really believe that we will listen to that Story telling? lol you that a literal Bounty hunter will buy a lot of bitcoin? when you cannot afford buying altcoins? Comedy isn't? Who knows maybe he is telling the truth, the meaning of a lot depends on the person, so we can say it is subjective. Probably he bought 2 or 3 and for him, it is a lot ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . But I am sure I bought a lot of Satoshi during that price ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
What are your predictions of when will bitcoin recover from this decline?
Anytime? A Bitcoin Hype that can rally Bitcoin price can happen anytime. Once there is enough hype, greater demand and more big investors and institution accumulating aggressively can cause the market to recover or even push it to next ATH.
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Raflesia
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April 09, 2022, 05:26:13 PM |
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You should try contacting Elon Musk and thank him for making a hype and putting it at $60k. But that's all a short-term movement. If this is our new bottom which is $40k then be glad about it. It just took 2 years to make $30,000 without even doing a single thing. Just keeping 1 BTC in your wallet.
Elon Musk will just ignore us, he doesn't bother us and wastes his time. We'd rather keep in silence, hold, and wait for the next halving as surely the bull market will come. This year is not a bullish season. Indeed, I was an optimistic person and also believe in the potential of the market but sometimes we also accept that not all the time the market is always high, this year isn't as great as last year, that is what I see. Elon Musk always likes what he wants to create hype or fomo but now it has stopped maybe next time will do it again. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That's a good answer, it doesn't need to be much to say but it certainly has held for a long time especially waiting for the halving to be a good moment as long as we can be patient to get through this long time. I am also optimistic that bitcoin can become bullish again later, the important thing is that the handle is in hand when the bulls come we are ready to sell it.
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Mamun74
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April 10, 2022, 08:18:46 AM |
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The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
Looked at the bitcoin chart before 2021.Bitcoin price was around $10-20k 2-3 years before 2021.Bitcoin price already touched 68k+. Bitcoin is most popular and most valuable coin right now.and people still believe in bitcoin investment. Unfortunately bitcoin dropped 2022 and already touched under $34k but now bitcoin price avobe $42k+.I hope bitcoin price will be more increase this year and hope bitcoin price will be high all time in next 2-3 years.
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BuNga_cute
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April 11, 2022, 07:43:12 AM |
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The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
Looked at the bitcoin chart before 2021.Bitcoin price was around $10-20k 2-3 years before 2021.Bitcoin price already touched 68k+. Bitcoin is most popular and most valuable coin right now.and people still believe in bitcoin investment. Unfortunately bitcoin dropped 2022 and already touched under $34k but now bitcoin price avobe $42k+.I hope bitcoin price will be more increase this year and hope bitcoin price will be high all time in next 2-3 years. In conclusion, the movement of Bitcoin is very volatile, and if we can be patient holding Bitcoin in the long term then Bitcoin is a profitable investment. Although the price of Bitcoin this year has fallen compared to 2021, there is no need to panic, because the decline in Bitcoin prices is only temporary. Don't let us regret selling our Bitcoin at a low price, we must have confidence that Bitcoin will return to the ATH price. The problem is because the price of Bitcoin is difficult to predict, no one knows when the price of Bitcoin can reach the ATH price again. No need to think about it, all we need to do is just focus on collecting as much Bitcoin as possible right now. So if Bitcoin finally reaches the ATH price we can enjoy a big profit.
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Ziskinberg
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April 11, 2022, 09:31:19 AM |
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You should try contacting Elon Musk and thank him for making a hype and putting it at $60k. But that's all a short-term movement. If this is our new bottom which is $40k then be glad about it. It just took 2 years to make $30,000 without even doing a single thing. Just keeping 1 BTC in your wallet.
Elon Musk will just ignore us, he doesn't bother us and wastes his time. We'd rather keep in silence, hold, and wait for the next halving as surely the bull market will come. This year is not a bullish season. Indeed, I was an optimistic person and also believe in the potential of the market but sometimes we also accept that not all the time the market is always high, this year isn't as great as last year, that is what I see. Elon Musk always likes what he wants to create hype or fomo but now it has stopped maybe next time will do it again. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That's a good answer, it doesn't need to be much to say but it certainly has held for a long time especially waiting for the halving to be a good moment as long as we can be patient to get through this long time. I am also optimistic that bitcoin can become bullish again later, the important thing is that the handle is in hand when the bulls come we are ready to sell it. Because there's no hype that will last forever, in the case of DOGE, he really brought DOGE to the moon, and he made a lot of money from that for sure. Let's see what's next that he will hype, but I'm sure it will not come soon because he is smart and he is just waiting for the right timing.
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Joshapat
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April 11, 2022, 10:03:59 AM |
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Bitcoin is a volatile currency. It is impossible to predict because it is not linked to any other asset in the financial market. It also doesn't have any link to any form of government or bank. So, it is very difficult to predict the future of bitcoin. All we can do is to wait and hope for a digital future.
Yes, bitcoin does not have other assets or that can control it so the price that occurs is purely from the market, in contrast to stocks which are very dependent on the company's performance, when the company looks convincing then the stock will go up and vice versa, it can be said that cryptocurrencies are very valuable assets depending on the community.
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peter0425
Sr. Member
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April 11, 2022, 10:27:36 AM |
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Bitcoin is a volatile currency. It is impossible to predict because it is not linked to any other asset in the financial market. It also doesn't have any link to any form of government or bank. So, it is very difficult to predict the future of bitcoin. All we can do is to wait and hope for a digital future.
simple but concrete answer? ATH will be reached once the demand increase back again and also with the Halving of Bitcoin Miners comes , this has been the record all those time that it mate the All Time High once this happens each 4 years. but lets see what happened in 2025 if this trend is still in table or there will be another changes as adoption had been already coming here and there . The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
So you want many of us will cry with you then? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) hopeless investor , need to wait for another 4 years before your funds return and benefits .
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asrinur
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April 11, 2022, 04:39:16 PM |
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In my opinion, the prospect of Bitcoin still has the potential to penetrate a new ATH if the positive sentiment that pushes Bitcoin to its highest level is more and more. Moreover, in the last few days bitcoin had experienced a pumping where the bitcoin price had touched the $46k-$47k area again. Therefore, it is better to hold on for the long term and do not rush to take profits, wait and see how far the market will go.
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barbara44
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April 11, 2022, 04:56:55 PM |
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People could buy at the all time high level, maybe OP did or maybe he didn't but that is not the point, there could be SOME people out there who did that, I wouldn't know who but there could be one. This means that we need to help people figure out a solution if they did that, maybe not to help for OP only, but for anyone who is out there and don't know what to do.
In that situation we need to figure out a way that you should be able to fix this by buying a lower level. If you bought at 69k, then buy some more at 30k-35k levels and suddenly you could drop that to 45k and then when the price goes up to 48k, you would be in profit by that time without having to wait for it to go to 70k.
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jaberwock
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April 11, 2022, 09:56:34 PM |
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People could buy at the all time high level, maybe OP did or maybe he didn't but that is not the point, there could be SOME people out there who did that, I wouldn't know who but there could be one. This means that we need to help people figure out a solution if they did that, maybe not to help for OP only, but for anyone who is out there and don't know what to do.
In that situation we need to figure out a way that you should be able to fix this by buying a lower level. If you bought at 69k, then buy some more at 30k-35k levels and suddenly you could drop that to 45k and then when the price goes up to 48k, you would be in profit by that time without having to wait for it to go to 70k.
DCA is definitely one of the best methods that you could use to make sure that if you bought before it went lower, than you could still arrange a midway. Another method that I can suggest is stop loss, if you think that the price you got in is a very high one, then you could put a stop loss, that way if it goes down then you could get out without getting hurt too much, if it keeps going up, then you could put a stop loss at a level where it would be higher than what you bought and still profit even when it goes down. Stop loss is a life saver when you are trading, it is not the perfect way and doesn't guarantee profit, it minimizes risk, but it is still a reliable method.
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arwin100
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April 11, 2022, 10:36:39 PM |
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In my opinion, the prospect of Bitcoin still has the potential to penetrate a new ATH if the positive sentiment that pushes Bitcoin to its highest level is more and more. Moreover, in the last few days bitcoin had experienced a pumping where the bitcoin price had touched the $46k-$47k area again. Therefore, it is better to hold on for the long term and do not rush to take profits, wait and see how far the market will go.
That's is what actually happen to bitcoin since if we see the past statistics no history show that price of bitcoin remain dumps or it will not revive after those series of bearish season hit so I guess we can safely say that after this negative aftermath happened these days we can still say that in future bitcoin will rise again. This is good to hold for people who can afford to do it for long term but also for short minded people they can also trade this at this very moment since we can earn with it on the movement it gets.
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Silberman
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April 12, 2022, 07:29:00 PM |
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The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
This is the correct call, I know it is difficult to make such a mistake when we are talking about investing in bitcoin just at its current ATH but you have too keep holding those coins, even those that bought at the ATH of 2017 would have still doubled their investment at current prices, which is still a great performance compared to most markets, so as long as you hold your coins it will come the day in which you will see some profits, but you need to remain strong and hold those coins no matter what.
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Lubang Bawah
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April 14, 2022, 07:17:50 AM |
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Unfortunately until now the price of bitcoin has not recovered from ATH in 2021 ago, but if we look at the increasing number of cryptocurrencies community especially in Africa which is growing rapidly then I am optimistic that this year bitcoin will reach new ATH again, maybe the price that can be achieved is above $75 k.
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JohnBitCo
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April 14, 2022, 08:30:05 AM |
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The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
Who are you fooling? you bought A LOT of bitcoin when the price hit 69k? do you really believe that we will listen to that Story telling? lol you that a literal Bounty hunter will buy a lot of bitcoin? when you cannot afford buying altcoins? Comedy isn't? For a moment, lets believe that he is telling the truth, even then he shuold not panic sell. Anyone who bought bitcoin at all time high, should know that bitcoin will reach again its all time high sooner or later. So if those people can hold thier bitcoins, they will never lose thier money. Its a bad descision to sell the bitcoins when we know that 69K is not the potential value of bitcoin. Bitcoin may reach 100K or more. We do not know when this will happen but we should keep holding our coins.
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alisonwonder
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April 14, 2022, 09:36:28 AM |
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Time will tell. What are your predictions of when will bitcoin recover from this decline?
The market is struggling to recover towards a return to ATH but the impact of the Russian invasion has hit the market low, I assume if Bitcoin can cross $46k this month then $50k will be easy to hit in Q2.
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Webetcoins
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April 14, 2022, 07:19:18 PM |
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I believe that Q4 of 2022, or Q1 of 2023 would be a great timing. I do not know if it will be guaranteed to do something like that, but 2024 is the halving period which means that it will go up before that happens. We were around 4k or so before the 2020 halving, like over a year before, and then right before the halving happened we reached 10k levels, even after that horrible march 2020 fall, we still reached 10k levels, and a few months after that we started the famous bull run.
I am not saying that the same has to happen, but I believe that since 2024 has the halving, the price will probably go up before that and will help us earn a lot of money. I can see 50k+ easily, but 68k+ could be broken too.
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Renampun
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April 14, 2022, 07:39:25 PM |
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Lets not really make ourselves expect or anticipate that much because we dont know on what would happen next whether we do see a new all time high for this year or would really be a start of a very long time bearish movement or trend which we dont know on what would actually happen because it would really be basing on demand and interest on the market.So lets just wait on what would actually happen. If you are investing or trading then better be wise on making out such decision where you could possibly able to make profits with the current movements.Just let do things to happen whether what kind of trend that we might faced on. Of course I still think that the market can't be predicted but my belief in the new bitcoin ATH this year is quite large... what I noticed (based on what I saw on social media and the news) that we are currently moving towards mass adoption of crypto, With this mass adoption, the demand for bitcoin in the market will increase drastically, this will push the bitcoin price up. the more countries that recognize bitcoin and the more large companies that adopt bitcoin is a picture that mass adoption is very close.
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Quidat
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April 14, 2022, 10:27:57 PM |
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Lets not really make ourselves expect or anticipate that much because we dont know on what would happen next whether we do see a new all time high for this year or would really be a start of a very long time bearish movement or trend which we dont know on what would actually happen because it would really be basing on demand and interest on the market.So lets just wait on what would actually happen. If you are investing or trading then better be wise on making out such decision where you could possibly able to make profits with the current movements.Just let do things to happen whether what kind of trend that we might faced on. Of course I still think that the market can't be predicted but my belief in the new bitcoin ATH this year is quite large... what I noticed (based on what I saw on social media and the news) that we are currently moving towards mass adoption of crypto, With this mass adoption, the demand for bitcoin in the market will increase drastically, this will push the bitcoin price up. the more countries that recognize bitcoin and the more large companies that adopt bitcoin is a picture that mass adoption is very close. The best thing to be done is not to make yourself mind about ATH or something in related to it because you would really be stressing out yourself on minding on what would be the price would be or on when it would happen and this is something that i dont really like to mind off every now and then and its better to make yourself free from those questions in mind and would really be mindful about on how to make steps on recent price changes for you to make out some profits without needing to stress yourself about all time high topic.
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