passwordnow
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March 06, 2024, 10:33:10 PM |
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Those others who buy at this rate are those who only believe when the price still rises and the evidence right now is in front of their eyes which leads them to buy bitcoins even if the price is quite high
Just like Michael Saylor. When we're on those price ranges that seem to be quite high already, he keeps on buying for his Microstrategy and will continue to do so. On average, he's already in million profits but I doubt it that he's going to sell a lot of it when it's not that needed at all. And those that are also buying at high prices, they have the idea that this is going to be a long game for them and they have the chill to wait for it to see the increase. There is nothing to worry for them because the bulll run is just getting started. they just need to act quickly because it won't just gonna stop there for a few days from now since it's already gathered more hyped, it will surely increase and will gonna rise even more and from that day forward, investors will flock all around the world to get themselves some bitcoins for yet once again, we will gonna surely witness a new ATH on bitcoins price.
That is for sure that we'll see another ATH but it is going to take time and those that have bought at the peak, your time is also going to come for you to start making some profits. Unlike me, I've sold in the past bull run early than that and that's why this time I am trying to be more patient because I'll never know how high this bull run will cause me for the bitcoins that I am holding. I have trust on the market and mostly on Bitcoin and that's why I'll keep on holding and that's the reason what it motivates me from holding together with the correction of my past mistake of selling too early. And this time, if I sell whether it's still quite early or later, I've promised myself that it should be the most satisfying sale that I'd do.
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Maslate
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March 06, 2024, 10:53:58 PM |
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Those others who buy at this rate are those who only believe when the price still rises and the evidence right now is in front of their eyes which leads them to buy bitcoins even if the price is quite high, they just need to act quickly because it won't just gonna stop there for a few days from now since it's already gathered more hyped, it will surely increase and will gonna rise even more and from that day forward, investors will flock all around the world to get themselves some bitcoins for yet once again, we will gonna surely witness a new ATH on bitcoins price.
Yes, it’s actually the faith you have for bitcoin that it will definitely not stop with the current price but will continue to rise more in the market most especially that we are fast heading to bitcoin halving and bull run. For me, I don’t really care even I started investing in bitcoin at its higher price, because I’m not here to just buy and sell for quick profits, but I believe bitcoin is for long term so one must hold it for 5-10 years in order to gain maximum profits. However, others may be entering the market too because they have plans to buy when a new all time high comes. So they will still sell in profits which I think the most important here.
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oktana
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March 06, 2024, 11:18:28 PM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
I am not investing Bitcoin at its ATH but the reason I still could is that I believe in Bitcoin. Of course we will experience the bear market someday but over the long run, I don’t think the bear market can do any harm because Bitcoin will worth a lot more than it is today. Maybe $300k, $500k or even $1M. With or without the ETF.
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krishnaverma (OP)
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March 10, 2024, 05:32:19 AM |
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I am not investing Bitcoin at its ATH but the reason I still could is that I believe in Bitcoin. Of course we will experience the bear market someday but over the long run, I don’t think the bear market can do any harm because Bitcoin will worth a lot more than it is today. Maybe $300k, $500k or even $1M. With or without the ETF.
I am also hopeful with BTC future but it would be fair to say that bitcoin is worth only that amount for which current price is there. This is because current price is an accurate indication of current supply and demand related to bitcoin. If there will be more demand in future , it will surely increase the price as supply is limited. Once all the bitcoins are mined and new bitcoins will no longer be available to come in circulation, after that point it will explode real well.
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Troytech
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March 10, 2024, 05:42:38 AM |
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I think the reason why people investing in Bitcoin is to earn profit where some are afraid that they will miss the chance to earn profit. You can say that it is very much like FUD or FOMO that they also want to invest. If they really want to invest then they should have bought Bitcoin when it didn't reach the price of bitcoin today.
Yes, the main reason why people continue to invest even in ATH is due to FOMO, and they also believe that the price would continue to increase. But nobody knows how high it could reach and how the price would move, it could continue to go up or it could go down and have a price correction. Oh so they invested in bitcoin during ATH because of FOMO is there any other reason why they did this? Do they have no knowledge about it? I don't think they have any knowledge, most people are still scared of the bear without knowing its the right time to invest in bitcoin, FOMO I'd just the feeling, no one wants to miss out but your here at such a wrong time, we could as well be at the peak of the bull and your just coming. But it's not too late I guess, although it's been quite since Monday, bitcoin still have enough power to break into 100k Maybe after the halving.
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Casdinyard
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March 10, 2024, 11:58:22 PM |
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The fact that this isn't the endgame for bitcoin or for crypto as a whole.
Yes, ATHs are good and all that, but the truth of the matter is that they are but a massive oomph in improving the longevity of the cryptocurrency industry. I'm kind of interested in making sure that the industry who kept me fed and alive financially for years remains existent so it could touch more lives in the future, so I concern myself with little things I could do to make sure this industry stays afloat. One of which is knowing for a fact that while cryptocurrencies need their ATH every now and again, economic momentum even when people are selling or holding is much more important in making sure the industry persists. We gotta make sure that the industry remains eventful every now and again, even when it's expected to stagnate for a little while.
Plus, it's not like crypto's done and dusted soon as it reaches its ATH, there's still a lot of money to be had by then, and you could lose out on these massive opportunities if you instill the idea upon yourself that bitcoin, or any crypto for that matter, is as good as done when they reach their ATH and they couldn't break that barrier anymore for the time period.
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mirakal
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March 11, 2024, 12:57:40 PM |
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The fact that this isn't the endgame for bitcoin or for crypto as a whole.
Yes, ATHs are good and all that, but the truth of the matter is that they are but a massive oomph in improving the longevity of the cryptocurrency industry. I'm kind of interested in making sure that the industry who kept me fed and alive financially for years remains existent so it could touch more lives in the future, so I concern myself with little things I could do to make sure this industry stays afloat. One of which is knowing for a fact that while cryptocurrencies need their ATH every now and again, economic momentum even when people are selling or holding is much more important in making sure the industry persists. We gotta make sure that the industry remains eventful every now and again, even when it's expected to stagnate for a little while.
Plus, it's not like crypto's done and dusted soon as it reaches its ATH, there's still a lot of money to be had by then, and you could lose out on these massive opportunities if you instill the idea upon yourself that bitcoin, or any crypto for that matter, is as good as done when they reach their ATH and they couldn't break that barrier anymore for the time period.
If bitcoin has shown positive tremendous effect within its first decade, then most probably the effect will be a lot huge and bigger within in the next years starting today. This is the reason why I’ve been hodling bitcoin and continue to DCA with bitcoin even at its ATH. I have bigger faith that bitcoin price will create no limits and will offer a lot of new opportunities to those who have high hopes with bitcoin. Despite of its new innovation that it brought to us, bitcoin has always been in high demand due to its huge promising profits. And most likely that’s what motivated us to keep going with bitcoin, mainly for profits, and having those convenience brought by bitcoin are just a bonus.
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Miles2006
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March 11, 2024, 02:03:48 PM |
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In my opinion, if I don't get to buy now it's likely I might not see bitcoin in a low price anymore, there's no point waiting for the dip before you start accumulating bitcoin, although buying now sounds too risky and honestly speaking buying bitcoin now is just a risky move. From what I have read about previous ATH, it's best an investor stay positive in the bitcoin market. A lot of investors who buy now still want to hold for extra years and that's a good move, holding bitcoin for the long run is a good choice.
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AYOBA
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March 11, 2024, 06:13:13 PM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Some of the people's continue to invest in Bitcoin because they know that that it will eventually continue to raise, even after it has hits the ATH. Everyone is optimistic about Bitcoin's ability to increase even after the record high is broken. In fact, some people will have enough money at this point to invest in Bitcoin. They don't care if Bitcoin keeps rising, and I don't blame them—everyone has a different strategy for making investments that they hope will yield significant returns in the future. However, those who have already amassed a sizable sum of money against Bitcoin are the ones that prefer investing in it when it is growing up.
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harapan
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March 12, 2024, 06:25:17 AM |
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I think the reason why people investing in Bitcoin is to earn profit where some are afraid that they will miss the chance to earn profit. You can say that it is very much like FUD or FOMO that they also want to invest. If they really want to invest then they should have bought Bitcoin when it didn't reach the price of bitcoin today.
Its just best option for them I think,its good that they're willing to allocate more bitcoin,even before the upcoming bitcoin halving event.Also,a variety of beneficial factors can make people still want to invest in bitcoin.Cryptocurrency gains value when demand rises higher than supply. But even at that,bitcoin stills holds something for the future.Bitcoin remains a valuable thing to hold or accumulate with significant returns in future and beyond. I don't think ATH will really withdraw people's interest and attention from investing in it or buy bitcoin.Even with the ATH,bitcoin will still be able to attract more of its enthusiasts,and constantly create a comfortable socio-economical access to freedom to us all.
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South Park
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March 12, 2024, 10:43:37 PM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Some of the people's continue to invest in Bitcoin because they know that that it will eventually continue to raise, even after it has hits the ATH. Everyone is optimistic about Bitcoin's ability to increase even after the record high is broken. In fact, some people will have enough money at this point to invest in Bitcoin. They don't care if Bitcoin keeps rising, and I don't blame them—everyone has a different strategy for making investments that they hope will yield significant returns in the future. However, those who have already amassed a sizable sum of money against Bitcoin are the ones that prefer investing in it when it is growing up. The circumstances of everyone are different, so those that were able to only get the money they needed to invest in bitcoin now have my sympathy, as they literally could not pick a better moment than now to invest in it, but all of those that were on the fences about bitcoin and refused to invest in it when it was much cheaper and are just doing it now, have no excuse in my eyes, as even if I believe they can make a lot of money, they could have made way more money if they just were resolute enough to invest in bitcoin when it was close to its bottom.
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freedomgo
Legendary
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March 12, 2024, 10:59:08 PM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Some of the people's continue to invest in Bitcoin because they know that that it will eventually continue to raise, even after it has hits the ATH. Everyone is optimistic about Bitcoin's ability to increase even after the record high is broken. In fact, some people will have enough money at this point to invest in Bitcoin. They don't care if Bitcoin keeps rising, and I don't blame them—everyone has a different strategy for making investments that they hope will yield significant returns in the future. However, those who have already amassed a sizable sum of money against Bitcoin are the ones that prefer investing in it when it is growing up. There are only two options as to where bitcoin can go, it’s either it will continue to skyrocket or it will go through a price correction temporarily but eventually it will get back to recover again and surge high. But seeing how optimistic the market and the people is, I also prefer to continue investing despite of the high price of bitcoin. Because I know there won’t be problem anyway, if my goal is to hold for long term, and won’t never sell when bitcoin price is dropping.
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Churchillvv
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March 12, 2024, 11:51:46 PM |
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From my perspective, I think most people buying/investing in Bitcoin even at this levels is because of the believe that Bitcoin will continue to rise, even if there will be a price correction it doesn't matter because it will surely rise to good level where profit will be made.
Another reason why some people like me are stilling investing in Bitcoin is because we know some invest strategy that is a very much recommended one for everyone which is DCA. if anyone here uses the DCA method and/or strategy to invest Bitcoin he or she would continue to buy regardless of the current price and this is an act that is been driven by a target of long term investment. for me personally as long as Bitcoin has not reach its peak in still buying especially if I have the capital to buy then I will keep buy and holding because Bitcoin as a paradigm has not seize to amaze me ever since know.
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Winterfrost
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March 13, 2024, 04:43:29 AM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
for the sake of keeping you updated, at the time I'm writing this, the current value of Bitcoin is at 72075 which exceeds the 69000 you thought was an ATH that's too high to keep buying. Everyone that's still buying at this current price has a pan he his working with and had probably not reached that point he feels making investment isn't necessary. Some have already sold and made profit out of their investment while others are entering into the market for the first time which might be the possible reason behind them accumulating at this point in time. Traders buys and sells everyday and with what's currently going on with the increasing value of Bitcoin almost at a regular pace, most traders would still be at profit cause it's almost certain that every two days their is always an upward move in the value of Bitcoin which gives you profit at whatever price you've bought at the moment. It's just necessary we become realistic enough to know that it's Bitcoin season and its climbing further and further and further.
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Asuspawer09
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March 13, 2024, 07:38:31 AM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Aiming for a higher market price and investing mainly for long term, plus we have good things that obviously get the Bitcoin a big boost like the ETF. For sure in the coming months, we are going to get the correction, even though we could see the market price skyrocket right now up to 72k$ which is already a new all-time high, for those experience trader we know that a correction is surely going to hit soon, and there was no other way around it if the market price continues to skyrocket we are going to get a correction soon it's just inevitable and part of the market cycle. Mainly I'm just doing it for profit for sure because aiming higher is going to give me a higher profit than just selling now around 72k$, I mean if I sold my Bitcoin if the market price is around 150k$ it would be x2 of that profit. It's not really just what motivates me, but I think it is about because I can hold it, what I mean here is I dont really need the money right now since I already have the financial foundation, I have a full-time job, and a good side hustle which I could use on my needs, wants and pay the bills, etc. I dont really rely on my Bitcoin investment as an income I mean it's an investment in the first place so it should have been for long-term things. Still, I'm aware of the risk of Cryptocurrency so I do sell some of my Bitcoin like when it hits 72k$ but it is just a very small percentage, it just goes straight to my savings waiting for another opportunity so that I can reinvest it in case the correction hit. I mean if you doesnt have other sources of income other than your investment it is surely going to be tempting to sell especially because the market price already hit its all time high, and i wouldn't really say that its a wrong move because you already make a good profit on it, but in my case I can hold it for long term and Im aiming for a higher market price it wasn't really because I'm greedy but still I want to see how its going to play out, I have a lot of room for profit so even if the market price drop to a very low price I know that there will be another cycle.
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Zoomic
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March 13, 2024, 09:20:05 AM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Bitcoin price is fast increasing and the fear of missing out is the greatest motivation for many to want to buy even at ATH. The fact that we are already at an ATH does not mean there wouldn't be another ATH. Many don't want to miss out on this amazing opportunity Bitcoin has to offer. If they have the money to invest in Bitcoin even with the high price now, they should and if they are patient enough, they will still make profits. There is no specific price rate to buy Bitcoin, while others are waiting for the price to fall, many are buying. What matters most is your patience to watch your investment grow and not you being in a hurry to start seeing profits immediately.
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peter0425
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March 13, 2024, 09:33:26 AM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
I am not investing Bitcoin at its ATH but the reason I still could is that I believe in Bitcoin. Of course we will experience the bear market someday but over the long run, I don’t think the bear market can do any harm because Bitcoin will worth a lot more than it is today. Maybe $300k, $500k or even $1M. With or without the ETF. lol ,without ETF it may reach that high but slower than if there is ETF and why need to call that out when we are enjoying our bullrun because of Bitcoin spot ETF. and have you invested now? because for now I decline my buying because it is almost 74k$ and that is so much risk and capital need to put in.
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0t3p0t
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March 13, 2024, 09:44:12 AM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Weekly DCA is what makes me invest in Bitcoin even on it's peak and it does not matter to me to be honest because I just hodl my coins. Some investors might say it's a bad idea and they are correct about their opinion I just don't want to stop accumulation even if it was just small amount per week. We all know that we all have plans but we differ on strategies. One thing is that I believe Bitcoin's price will continue to rally because more and more investors are interested in pouring their money into Bitcoin investment especially Bitcoin ETF that is currently gaining more traction.
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cr1776
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March 13, 2024, 10:05:46 AM |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
My thoughts are that based on just US ETF inflows since January, my mental math says they alone are collecting about 8 X new supply at US$72000, per week. And so 16 X new supply post halving. That would mean equilibrium is 8-16 X the price now, assuming ETF demand stays constant. That doesn't include other non-ETF demand which is more difficult to measure. So once those willing to sell at each price level dries up the price has to increase to get anyone else to sell. You'd think people would clue in that even ignoring the halving the supply/demand curve seems to be way out of whack and they should remove their coins from the market, but I guess not yet. Prices are set at the margin so it doesn't take much more demand or slightly less available supply to significantly increase the fiat price which is why we are seeing right now. So that is why smart people are still investing. Of course we've been hearing "tulips" and "bubble" and the same nonsense for 14-15 years so there are plenty of people who don't seem to have clued in or are purposefully carrying water for the fiat-inflation-loving statists.
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Natsuu
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March 13, 2024, 10:07:03 AM |
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Makes sense. It's like opening the door for a bunch of new players who were on the fence before. Smart move especially with the growing acceptance and the legit vibe it's giving to the whole crypto game. The potential for more people getting in and regulations getting sorted definitely adds a positive spin even if there's some chatter about a dip. It's like the ETF news is injecting some fresh energy into the Bitcoin scene
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