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Author Topic: Do you still appreciates the price of Bitcoin if it hasn't be your history price  (Read 335 times)
Mahanton
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December 19, 2023, 08:32:10 PM
 #21

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Do you still appreciates the price of Bitcoin if it hasn't be your history price
Still really appreciate it to this day. The price of Bitcoin has always been in a very good position compared to other coins.

It's a different way of thinking for Bitcoin holders than traders. Everyone hopes for a higher price and when the price of Bitcoin passes the purchase price, I think they will let it go and will collect Bitcoin again when they feel the price decreases again.
If they buy at $40k, they will hold until the price of Bitcoin increases to $50k or depending on how they do with the Bitcoin they own.

Doesnt really matter much right? Doesnt matter whether the price had passed up on a particular level as long it would really be always above our purchase or buy price then this what matter the most.
For sure majority of us would really be having those kind of regrets but doesnt matter because the important thing we do have now is on how to make profits in disregard with the current price.
It would really be just that normal that we would really be having those kind of regrets whenever we had missed out those opportunities on buying lower considering if ever the price would be shoot up to the moon
then we do really always love on trying to look back on where we had started.

Well, just like on what most people been saying that it wont really be that much of an issue because the main consideration and concern on here is to make profits.
If you are a holder then these movements wont really be an issue for you,whereas you could really be always decide to hold it up
no matter for how long.

R


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December 19, 2023, 10:59:45 PM
 #22

Bitcoin price history is just part of the past, and there's no even concrete reason if history will still repeat itself, so I don't put too much emphasis on the price history but most particularly on the future price of bitcoin. We all know that bitcoin has a brighter future because of its huge potentials to succeed, and most likely will continue to skyrocket its price as long as it's capable to.


Once we decide to invest in bitcoin, then we need to appreciate its price every now and then. Although it's undeniable that bitcoin has also its inevitable lows, but because the people believed in it, people have seen high utility case for bitcoin, then definitely bitcoin will not disappoint us in return as long as we have the patience to wait and understand the market's uncertainty.

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December 19, 2023, 11:14:58 PM
 #23

Do remember, there are long-term holders who won't care about the accumulated value of Bitcoin because they are expecting more from it in the future.
So profits won't matter to them yet and they will just keep on holding their Bitcoin until they see the value of it grow to a price that would satisfy them.

Short-term holders though can answer this question easily. Those who take advantage of the volatility of Bitcoin because they know that it has a high fluctuation market. Those who bought at $60k during the billionaire's hype will not appreciate this yet because they are not yet at ROI. But those who bought before that are probably happy now even though they forgot to sell at the last ATH. But I doubt they will be selling considering the upcoming ETF approval. They might just keep it for now and wait for another ATH to come and maybe that's when they will sell. Or not, because halving is also around the corner. Grin
About those who are accumulating Bitcoin using different means, yes, I do believe they appreciate what is happening and even if they sell now, there won't be a problem. The only worry is when will be the next entry point if they will buy back because I doubt the Bitcoin will be dumped again considering all the events that will happen.

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December 19, 2023, 11:42:46 PM
 #24

More panic when selling at low prices plus scattered fud Cheesy although fast takeprofit is also interpreted as a panic sell for some people, for me it is enough if it is more 10-25% of capital, anything can be done as long as you don't lose too deep if you only focus on turning money on bitcoin, the cheaper it will feel the decrease in money you have because it may be limited in the number of bitcoin decimals you have. Bitcoin is indeed different from other cryptos because I observe that currently it will be able to take ATH from ath 2021 (faster recovery).

Most people buy when the price goes up because they are hit by fomo from the previous normal price and do not recognize their own trading plan, the name is buying of course related to different physical money if bitcoin can be from giving of course the potential for psychological calmness is more persistent, another factor is because the money is cold, I think everyone will be happy to see the growth of their money and sell for their desires including hobbies Wink even though they regret it later and wait for a deep drop long enough Cheesy

Logically, if there is no progress from the previous year and the price continues to decline, of course I myself also sell it, and look for other cryptos that can still potentially get a fast profit , even if it is not too big, at least it can recover from the previous minus, but for bitcoin if there are more funds bitcoin is highly recommended and it is a form of investment that is tough and clear.









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December 20, 2023, 02:54:58 AM
 #25

Most of the people who trade in and out of Bitcoin and talk about those who earn profits have a problem being patient.
If you can not hold, you can not get rich but to hold, you need enough patience to stick with your holding and investment plan.

Quote
Bitcoin is very easy to make a lot of money as an investment and it is also very easy to lose a lot of money.
Because the Bitcoin market is zero-sum game. If there are winners who get good profit in Bitcoin market, there are also losers who lose money in this market.

If a person can hold their bitcoins, there will be a chance to get rich. The challenge is how long the holding time is, it must be like 4 or 5 years.
https://hodl.camp/

People lose money because they trade, don't hold and worse they use leverages for trading, then their bitcoin collateral was liquidated by centralized exchanges.

Quote
The difference is whether you try to trade for profit or just buy and hold. People who buy and hold for years have traditionally done very well while traders inevitably go bankrupt.
People who think it's hard to get profit with Bitcoin will have to see this ROI chart.
https://casebitcoin.com/charts#roi_chart
They will see very good ROI by holding a few years.

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December 20, 2023, 03:09:47 AM
 #26

Of course you would still appreciate that Bitcoin's price is rising even if you bought it at a much higher price. If you failed to DCA and bought at the top, then you don't have a choice but to hodl and wait for the price to go high, higher than your buying price so that you will make profit.
Exactly the contexts of the thread. So that is literarily to say that those who hit the Bitcoin market far above this current bullishness even if it finally skyrockets but not yet to the value rates they bought their coins, they are literarily going to frown against the current ETH markets rate while other Investors who bought below are being appreciative.

I don't understand what you're saying here. Why do you suddenly bring to the discussion the current ETH markets rate when we were talking about Bitcoin?

As I have said, everybody who bought Bitcoin whether at $69,000 or $50,000 or $20,000 are all appreciative of the rise in the price. To those who bought Bitcoin at $20,000, they are happy that they're already making good profit. To those who bought Bitcoin at $50,000 or $69,000, they are still happy because their losses are getting smaller. They're happy that they waited. Their hodling pays off. They're on the road to recovery and eventually to make gains.  
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December 20, 2023, 06:55:20 AM
 #27


So my question is... If Bitcoin price at this era would hit maybe $47K as it was in 2022 or $68K as 2021, I am sure investors would be appreciated about the level of volatily but would those who accumulated their Bitcoins and had experienced such values in the history count an appreciatable profit? Because I feels they should be expecting a higher price value so as to beat their experience price histories.
You can never appreciate the price if you are buying during peak so investors keep holding rather than selling for loss.
This is the risk of investing in Bitcoin and that is how important to analyze the market sentiment, not just buy without any idea if this a good timing or not. But for those who buy Bitcoin at $30k, they are now happy now upon seeing the market pumps.

Well, investors have their way of making a profit and I was sure that they are smart enough to make a decision that gives them a favor otherwise, it was a failure. For me, I don't use the past price to measure a profit but rather consider the present situation. Still, buying low and selling high applies.

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December 20, 2023, 03:35:54 PM
 #28

just need to see how the price will go, if it will stay above $40,000 this will be a very appreciated price and wait for the price to rise until it exceeds the last ATH at $68,000. Whatever the price if they become true Bitcoin fans, he will not doubt it. you just need to see how far the target will be achieved. I think the target this time is still quite far away and there are still many opportunities to continue collecting it.
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December 20, 2023, 04:45:33 PM
 #29

I always think things very well, and I have also done things that are within my reach, for example reading a lot of articles from traders who are quite successful and always live up to the price predictions, and that is why I mean, the Price of bitcoin can reach $50k, I think it could be at the end of this year or at the beginning of 2024 , but where I know that a good price can break is for this 2024, because many traders and many investors are thinking. u can do it right now.

Investors do not want to sell bitcoin when it is at a Good price and for that Reason bitcoin can rise to a high price level, I do not sell the little fraction of bitcoin that I have, which is too flat for me to Reach a bitcoin, but those who have bitcoin should think about it and do much more hodl , that way you can be and amass a better fortune, that's what we Always see.

R


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December 20, 2023, 09:43:06 PM
 #30

Do you still appreciates the price of Bitcoin if it hasn't be your history price
OP, you didn't give a specified year, you want us to appreciate the bitcoin price if it didn't get to the price we speculate it to be in price. Nevertheless, this month alone, bitcoin has been hovering around $40k-$45+, if it manages to get to $45k at the end of this year, I will appreciate the price because the price wasn't around $45k at the beginning of the year, but rather it was low as $15k price tag. At least a big increase in price happened only this year

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December 20, 2023, 10:50:42 PM
 #31

Can you make it a profited count if your present rate of value is lower than your past?
/---/

The recent climb in Bitcoin's price is undoubtedly positive for investors, but determining whether it amounts to appreciable profits depends on one's cost basis.  Those lucky enough to buy Bitcoin at lower prices are likely quite pleased with their returns.  However, investors shouldn't assess portfolio performance on a single asset in isolation. 

Savvy investors take a diversified approach, building positions over time and across price levels.  This balanced philosophy helps smooth out Bitcoins famous volatility.  Ultimately most seem less preoccupied with the day-to-day price action than confidence in the long-term value proposition of the asset.

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December 20, 2023, 11:18:44 PM
 #32

This thought can also be seen and asked on 2018 about how Bitcoin and the entire market plummeted a lot. There were those that have bought at the peak of $19k-$20k and then many have doubted Bitcoin will recover back to its former ATH. So, the same sentiment has been told like they just have to hold and believe the market that it will be back and more than it was before. Did those people that suggested to hold were wrong? No, they're right and suggested the right thing to do. It wasn't just all about giving them the spirit to accept their paper loss because as long as they get to hold it, they can still recover when the market recovers as well. And those that have managed to held until 2021 probably were in profit already and even we can say that the price currently is low compared to 2021, those who got into the peak of 2017 were happy now. But I don't know if how many does that still held until they can. Investing requires a lot lot lot of patience, if you're not for it, you're out already long time ago. I may not be the right person to answer it because I've bought at the lowest but seeing those highs and lows, they've all given me an emotional impact and fortunately, survived all of them. Someone who's in the situation of both in the peak of 2021 can just do the same and have that same patience like what we us did applied.

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December 21, 2023, 09:40:55 PM
 #33

Do you still appreciates the price of Bitcoin if it hasn't be your history price
OP, you didn't give a specified year, you want us to appreciate the bitcoin price if it didn't get to the price we speculate it to be in price. Nevertheless, this month alone, bitcoin has been hovering around $40k-$45+, if it manages to get to $45k at the end of this year, I will appreciate the price because the price wasn't around $45k at the beginning of the year, but rather it was low as $15k price tag. At least a big increase in price happened only this year

It has given us more than 100% returns from the lowest low of $15,500. So that is already huge for everyone who stay on the market or bought at that price last year. So I don't know why the OP or someone will not appreciate the price today.

But let's say that we did buy above the current price, so what will be the strategy? Obviously not to sell because you will be on the negative side. And then maybe it's you buy some, keep stacking and HODL. It might take a lot of mental fortitude on your side, but for me the game is to a long term holder. Just wait till the next bull run and if by chance the price hits all time high of more than $100k, then that is the time you can sell and make profits.

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December 22, 2023, 01:36:25 PM
 #34

Can you make it a profited count if your present rate of value is lower than your past?
If the current price of Bitcoin is below your buying price it would never be appreciated since you haven't benefited it. If your ROI is still positive even if the price dips down a little bit, as long as it's positive you would still appreciate it because you are still in profit. Honestly, those who didn't invested in Bitcoin might also benefit and appreciate when the price of Bitcoin increases since most alts will follow.

Quote
Most Bitcoin investors has been so excited and appreciating the current Bitcoin markets value since the approaches of the bullish runs while expecting the skyrocketing bull-runs.
So my question is... If Bitcoin price at this era would hit maybe $47K as it was in 2022 or $68K as 2021, I am sure investors would be appreciated about the level of volatily but would those who accumulated their Bitcoins and had experienced such values in the history count an appreciatable profit? Because I feels they should be expecting a higher price value so as to beat their experience price histories.
It depends on what kind of investors they are. If they are a good investors they will really appreciate. Besides, most of successful investors are appreciative and have good qualities.

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December 22, 2023, 02:10:12 PM
 #35

Can you make it a profited count if your present rate of value is lower than your past?
/---/

The recent climb in Bitcoin's price is undoubtedly positive for investors, but determining whether it amounts to appreciable profits depends on one's cost basis.  Those lucky enough to buy Bitcoin at lower prices are likely quite pleased with their returns. 



Its undoubtedly positive to investors since even at current rate they can see a profit coming in their wallets especially if they buy their share at much lower price.

But I don't think those people who wait for long time is happy with current situation since for sure they regret their decision not to buy when bitcoin price still at low.

And right now when it pumps they are doubting again since they are afraid of possible dump that might happen. That's why people should not afraid to buy especially if bitcoin is encountering a price decline since this is golden opportunity for them to earn.



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December 22, 2023, 04:22:34 PM
 #36

Can you make it a profited count if your present rate of value is lower than your past?
Most Bitcoin investors has been so excited and appreciating the current Bitcoin markets value since the approaches of the bullish runs while expecting the skyrocketing bull-runs.
So my question is... If Bitcoin price at this era would hit maybe $47K as it was in 2022 or $68K as 2021, I am sure investors would be appreciated about the level of volatily but would those who accumulated their Bitcoins and had experienced such values in the history count an appreciatable profit? Because I feels they should be expecting a higher price value so as to beat their experience price histories.
If I understand you correctly, I’ll try to answer.Everyone has their own investment plan, even if Bitcoin were 50k tomorrow, I won’t sell it because I expect the price to be higher. Just like now, the price is at its peak for the last period and someone is already clearly in a good profit and can sell right now, but there are those who have been suffering losses for a long time. The record is not coming soon, perhaps in the spring we will see something more than the old records.
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December 22, 2023, 04:26:35 PM
 #37

I am sure investors would be appreciated about the level of volatily but would those who accumulated their Bitcoins and had experienced such values in the history count an appreciatable profit? Because I feels they should be expecting a higher price value so as to beat their experience price histories.

Profit is a profit but I get what you are trying to emphasize here. A good trader will always consider the current scenario for their trade instead of referencing the past for their target profit. It’s a case to case basis on how you will use the previous milestone on your current trade but since we are talking about Bitcoin, I personally looking for the price to be above the ATH to appreciate more the profit that I can get since I already experienced this kind of bullish market before that is identical to the last bull cycle.


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December 22, 2023, 04:50:59 PM
 #38

If i truly believe in bitcoin and have the understanding that it's a reliable digital cryptocurrency that deserves my trust and investment, then i shouldn't make an expression of FOMO anytime I see there's a change that could spike out fear in what we have ad bitcoin market price, we've seen the worst dip and yet bitcoin rises and moves back it way upwards to where it's coming from, same also happened when the market rises and reached a new all time high, we still have the more confidence in it to remain that same valuable digital currency, when something is volatile, then we should expect more about this.
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December 22, 2023, 09:39:12 PM
 #39

If i truly believe in bitcoin and have the understanding that it's a reliable digital cryptocurrency that deserves my trust and investment, then i shouldn't make an expression of FOMO anytime I see there's a change that could spike out fear in what we have ad bitcoin market price, we've seen the worst dip and yet bitcoin rises and moves back it way upwards to where it's coming from, same also happened when the market rises and reached a new all time high, we still have the more confidence in it to remain that same valuable digital currency, when something is volatile, then we should expect more about this.
Set aside your emotion and just look at the numbers, by doing this you can easily tell about the status of the market and you will not hesitate to buy more because you know that Bitcoin’s value will continue to pump and new peak will be made in time. Let’s not focus more about the negativity of the market, don’t feel FOMO and stay focus on your strategy, also panicking can’t help you aside from losing the money because of you being irresponsible.

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Wexnident
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December 23, 2023, 12:54:24 AM
 #40

~
Why would it matter anyway? I mean if they held on and didn't sell, that simply means they were waiting for more and don't really need to immediately sell regardless of whether it hits a certain price point or not. Naturally, they expect to sell at a higher price point but I don't think it's a reason to be disappointed since they can simply wait for whenever the next one comes, hopefully hitting their target. That, or they just really like Bitcoin so they're holding on to it regardless of its price.

It might change if they suddenly had a change in terms of their financial situation though. Highly doubt people who can hodl for a few years would have such an issue though

R


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