Bitcoin proven many times holders won't regret

[Nheer]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

I have never witnessed a bull run before and I don’t know how the price moves during a bull run but experiencing this rapid increase in such a short period have increased my belief and confidence that bitcoin will definitely go beyond the ATH price in a few months or weeks hopefully. This is the period where holders will benefit and their long awaited bull run seems to have kicked off, we don’t know how long it would last but it is predicted to reach a new ATH.

Those who bought during the bear market will surely make more profit than people who bought due to fear of missing out during the last bull run at a higher price, if a new ATH is is reached soon they will be also be in profit, this is the reason why it is advisable to buy when the price is low so as to be able get more profits because no matter how low it falls in price the price will always bounce back.

P/S: Don't hold your bitcoins in online accounts.
Reminder: do not keep your money in online accounts

By now Bitcoin holder should be able to know that online wallets and custodial wallets are not the best options to store their bitcoins as it is exposed to hack and theft. This is not a thread about wallet choice and it’s security but it is worth reminding those who might lack the knowledge about best wallet choice when holding for a long time to safeguard their assets.

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[Poker Player]

This becomes relevant now that we are only 10% or $6K away from ATH. Virtually everyone is in profit now. Only those who bought in around $63K-$69K and bought nothing else when it went down would be at a loss now, and those, if any, are a minuscule percentage.  Just be patient in the bear markets and better if it is accumulating with DCA.

[adaseb]

Yes price recovered each time but in hindsight you would of never known that. I was around since the 2013 top and the bear markets were all brutal.

In 2015 the market was going nowhere. Price barely moved on the chart. It was stuck at $200 a coin. People gave up over boredom most likely.

2018 was brutal when we broke the $6k and lost half of that value all the way down to $3000. Many were on leverage and got liquidated quick.

2020 was the Covid crash, we assumed the world would end and dumped bitcoins at $3K.

Then 2022 was the Ftx scam and how we were about to break $15K or so.

These were all stressful events and many just sold and got out of crypto. If you held on, then congrats.

[GigaBit]

We know that any investment is risky. However, some changes have been noticed in the case of Bitcoin. Bitcoin has always created a win-win situation for those who are determined to realize their long-term goals by investing in Bitcoin. Since its discovery in 2009, many people have made huge profits from Bitcoin and there are many who have lost their money due to misconceptions about it. Those who have held Bitcoin since 2009 are not harmed. Even those who bought and held Bitcoin at the highest price during the last bull market will soon be able to see their profits. In my opinion those who lose buy at whatever price they sell before the specified time or are forced to sell.

Bitcoin is the most volatile currency and it has bullish and bearish trend. In the long bearish market it is better to hold. However, this may not always be helpful for those looking to make a quick profit from Bitcoin.

Many investors can refer to the state of Bitcoin investors in 2017 where Bitcoin fell from $2,0000 to $3,000 in 2018. At that time, those who bought at a higher price really lost? I think they didn't all lose but those who didn't hold their bitcoins out of desperation at the time the price went down actually they lost.

[Barikui1]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

You are actually right on this sir, Bitcoin has practically behaved like a fine 🍷 wine over the years, because it gets better with age, the most important thing i love most about Bitcoin is thanks it always rally his way back to the top even when their is a sharp decline in price, but it has proven trust worthy of an investment to all investors that stick to it and hold, regardless of how deep the price falls to, I believe that Bitcoin will always be  a trusted asset to hold onto now, and in the future.

[Ayers]

Bitcoin will gain higher returns if you hold it for long term, simply because bitcoin is indeed for long term. However, hodling may not be as easy as others may imagined like you just want to invest and decide to hold it forever with no plans to sell. There are always inevitable temptations in the market and if you are weak, you will easily fall on the market’s trap and end up selling earlier.

Fears and doubts are common for hodlers most particularly for those who have never experienced risk management. This is the reason why one should study its investment first before trying to indulge in it. So that there will be no regretting in the process, and you just stick to your plan and goal which is to invest and hold and reap massive profits when the perfect time comes.

Indeed, many people think investing in bitcoin is quite easy, just buy and hold long enough and you will definitely make a profit. But how many people have done that? We've heard stories about people getting rich by investing in bitcoin, but have we met someone in person or just heard it from other people? The journey of buying and holding bitcoin until it becomes profitable is an extremely difficult and strenuous journey. We face Fud, scams, government bans in some countries that still ban bitcoin...countless challenges we need to overcome in our journey to holding bitcoin. In my opinion, holding bitcoin is not as easy as many say and for those who can overcome those challenges, they deserve to be rewarded.

[pawanjain]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

That is true because we are still way early into bitcoin as it has a long way to go.
But we must also acknowledge the fact that no asset goes in one direction. There are always corrections happening every now and then.
We must stay strong through these price corrections and be capable to hold our bitcoins and only then we can gain the profits when it soars high.

[sunsilk]

The same thing will happen when the next peak is in, many are going to buy at the top and will have to hold again for a certain period of time if they miss the entire run. But I think time after time, the market is getting better and as exact as Bitcoin, time of recovery is becoming lesser yet quicker.

It's true that Bitcoin don't disappoint the holders. I myself have been holding for so long and never did I have any single moment that I held but there were times that I've sold then I regret. And that's for sure the experience of the majority when we want to hold some more.

If you have faith and believe in Bitcoin, you'll not panic, you'll hold and you'll be patient at most times because this is the greatest asset we ever had on this era that we live on.

[naira]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

Believ, understand Bitcoin inside and out, admit that the system has been proven during several halving and we will not worry when the bear market comes because the goal is not a profit of one or two months. Bitcoin does not need to prove to anyone its price in the future but eventually it will go through a cycle where people and institutions recognize its existence and value. Not a few people have seen these benefits today, including me, who has only been doing DCA for about 2 years. Now, as we get closer to the halving, I think as a small holder I will certainly take part of this profit and start over by maximizing my investment more than the previous year.

[EarnOnVictor]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

Being the number one cryptocurrency, all eyes are on Bitcoin and people are ever ready to take their slice of that world cake. I knew Bitcoin a few years after its creation, but sadly and regrettably, I never participated in the investment until 2022. I must confess that it pains me till now because if I had started the investment around $500 for example, you know what I would have been making money now. All I did then was use Bitcoin to move money in and out of companies that I was dealing with. Whenever I go back to see the amount I had moved within that time, it pains me the more because by now, I would have been worth so much in Bitcoin.

Well, it is not too late for anybody, especially those who are good in trading/investment and speculation before the cryptocurrency era. This is the benefit I am enjoying now, and from 2022, I've tried my bit when it comes to cryptocurrency trading and investment with comfortable returns. I hope for the best even as I shine my beam more on it these days since this is the bullish season of the crypto space. During this time, most people can't go wrong when they buy crypto assets even with the slightest reading of the chart through the price action.

But the issue is that people should know when to invest and divest in Bitcoin and others, if not, the huge money they've made could turn back to little or even amount to losses due to the bearish season of the coin. Cryptocurrency works in cycles, so we should be careful about this. Also, Ethereum is such an altcoin no one can undermine, it has done so well, and very soon, I am sure it will hit its ATH even as Bitcoin is also close as well.

[Moreno233]

This becomes relevant now that we are only 10% or $6K away from ATH. Virtually everyone is in profit now. Only those who bought in around $63K-$69K and bought nothing else when it went down would be at a loss now, and those, if any, are a minuscule percentage.  Just be patient in the bear markets and better if it is accumulating with DCA.

You said it all, only few people are still in loss especially those who jumped in during the peak of 2021. But I can assure you that majority of them have sold at loss because they bought the hype and not because they were convinced that Bitcoin was for them. In addition, buying the hype means that they invested what they cannot afford to keep for long and in loss, so they only option was to count their losses. I came to this conclusion because I have actually seen many people who complained about losing money to Bitcoin back then.

The only exception to those who bought the hype of 2021 will be those using the DCA method like you rightly said. However, if they started applying the DCA method before the last bull run and continued unto this present bull run, then their entire portfolio would have been in good profits by now.

[kentrolla]

I wish people have same perspective even post bull run because we have often seen people losing faith in Bitcoin once the bull run is over and they eventually call things like Bitcoin is bubble, end of Bitcoin and etc. I have always believed in Bitcoin ad it has proved time and again that investors will not be in loss but the only requirement is you need to have patience and shouldn't cashout due to FUDS. I used to be the one to get panic earlier and sell it off but then I limited myself not to withdraw when the value of Bitcoin is lesser than what it was when it bough and medical or other emergency being an exception. Now since I have started DCA everything has been on track as my portfolio is balanced as I have purchased on regular intervals with market value being on both side of the chart.

[shield132]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

You are right, Bitcoin has proved many times and still proves that it's going to rise and it will always surpass its all-time high price. Since 2021, I always think about one Redditor who sold his house and bought Bitcoin in 2017 when the price reached 20K USD. I remember how that Redditor felt hopeless when the price started declining, he thought everything was over and Bitcoin was never going to rise again and he lost his house but then in 2021 Bitcoin reached 69K USD and now, there is an upcoming halving. We have never seen such a high price before halving, it's almost reaching its ATH before halving, this will be a new thing in recent Bitcoin history. It's never late to buy Bitcoin, it's always going to prove people wrong.

[kryptqnick]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

I agree that this has been going on for 15 years now, so it's not irresponsible to rely on historic data and Bitcoin always recovering in the past to predict the future. However, we must always remember that there can easily come a bear market from which Bitcoin never recovers, never returns to its former glory. We don't know when it can happen, and I think we're safe for at least a few ore cycles, but it's always a possibility. That might be what stops other people and makes them sell, even at a loss: they simply aren't sure Bitcoin will recover this time like it did in the past.

[hatshepsut93]

Bitcoin can't maintain this growth rate forever, simply because it would make it unrealistically expensive. This current trend will end sooner or later, and the new trend might not be so forgiving - it could be that Bitcoin will harshly correct and won't recover for decades.

Also the previous performance could be attributed to the effects of halvenings, but we already entered the stage where halvenings matter less and less.

[Kliss]

That's why it's advisable, if you want to hold bitcoin go for knowledge and stay informed about bitcoin. Bitcoin moves in cycles with ups and down, Bitcoin falls in price and recovers not just that alone but bitcoin surge and set new highs from its previous this is why bitcoin is so significant from altcoins, most altcoins struggle to recover some even are no more. Bitcoin has shown resilience over time. Holding Bitcoin for a long term has proven to be rewarding, so as a bitcoin holder there is no need to regret there are many lessons bitcoin has thought us over time even those that invested at high rate there is more opportunities and chances to make profit by end of the year.

[retreat]

"The ones who win in the end are those who hold" are the most appropriate words for Bitcoin holders. Because many people are badmouthing and even saying that it will be very difficult for Bitcoin to return to its ATH, but what is happening now is that we are only 3k away from ATH, and it will be very possible to achieve it in the next few weeks. This teaches us that, all you need to make a profit/recover your losses is just to hold Bitcoin and invest regularly in it. If you are consistent then it will be very possible for you to get the best things from Bitcoin.

[Humblevirus]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

It is really exciting to see the Bitcoin price bouncing back. I have never experienced Bitcoin moving rapidly like this before because I have not had a bull run; in fact,  halving occurred, and the price of Bitcoin is about to reach its all-time high of $69k,so it is clear that if halving occurs, we should be expecting a more significant increase in the bitcoin price. A lot of Bitcoin holders who bought early will be very happy because they will be in profit now. 

P/S: Don't hold your bitcoins in online accounts.
Reminder: do not keep your money in online accounts

It's crucial for all Bitcoin holders to understand the risks associated with leaving their cryptocurrency on exchanges. When we entrust our Bitcoin to exchanges, we're essentially relinquishing full control over our assets. If the exchange were to face any issues, such as a security breach or collapse, our Bitcoin could be lost irretrievably. Therefore, it's prudent to opt for non-custodial wallets, where we retain sole ownership and control over our Bitcoin.By utilizing non-custodial wallets, we can significantly mitigate the risk of losing our cryptocurrency to unforeseen circumstances. It's imperative for every Bitcoin holder to prioritize the security and safety of their assets by opting for secure storage solutions like non-custodial wallets.

[dothebeats]

Investing in bitcoin is a game of patience. Those who are impatient will always lose money and those who have the guts to hold on for a long time will be rewarded. It's like doubling your money every 3 years with the way bitcoin's price move, and it's not bad if you ask me. You can't name any other traditional investment out there that could double your money in such a short span of time. Plus, there are tons of opportunities to increase your profits during that time period, and it's dependent on the way you play your cards.

The best 'strategy' that I found out so far is to try to be on high alert during the highs of bitcoin and sell it when the price is going down. Buy after a couple of months when the price is at its 'lowest' or after the market has shifted its interest elsewhere and build from there. Apply DCA and hold for the next three or four years and you have doubled your money, congratulations.

[m2017]

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

This lesson is simple - don't touch altcoins, if you want to save your money. Altcoins not only didn't recover, but many fell even more in price, until bitcoin practically returned to the previous ATH.

The sad thing is that only those investors, who once went broke with an altcoins can learn this lesson.

Regret is the fate of altcoin holders. The longer, the more regrets.