If you had bought the previous ATH you're on profit

[Dailyscript]

It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy. I want to draw a quick summary of all the bitcoin all-time highs first to remind you that if you had bought in the previous ATH without minding the price, you are on profit now. And this is to encourage us that buying the ATH is not as bad as we think. My theory is to buy high or low and not sell. You won't lose if you don't sell, and imagine your DCA in one form or another since you would have no regret at all. Obviously, it is not the best option.

There are two type of investors i know this period and how it is affecting them

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.



Source of image link here: ATH Chart Link

[kentrolla]

Absolutely agree with whatever you have mention because I have experienced it, whoever would have purchase last time but all time high and did not sell it till now will be in profit but very few would have that much patience apart from long term investors and being the second type of investors who buy in dip is really difficult as you never know the rock bottom and very few would succeed in this too.

DCA is the best kind of investment and I have been immensely benefited by doing it with Bitcoin and this is something which everyone can try.

[Wapfika]

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.

Are you suggesting that buying on the previous ATH has more chance to enter rather than buying at bottom(below previous ATH)? You have a lot of time buying below the previous ATH compared to buying at peak. I purchased most of Bitcoin on 20K level after the price recovers from the 14K bottom.

It’s true that if you just hold even if you purchased on previous ATH you will jot be in profit but this is the most terrible idea rather than cut loss and purchased at the bottom because you will have more profit. You don’t have unlimited time to wait for many years and just earn 10% of your investment while easing the pain of your sever losses back to the time when the price is on the rock bottom.

[el kaka22]

Well, I would say anyone who is smart enough to hold between two ATH's would also be smart enough to buy some along the way. Think about it, if you bought at ATH and still holding, then it means you trusted bitcoin to go back up one day, if you think that it will go back up one day, then why wouldn't buy it when it is even cheaper?

It would only be logical, someone who thinks it will be 70k one day, will want to buy when it's 20k or 30k or even 40k, and that means their entry point might be ATH but they probably lowered their average purchasing price. This is why I believe that it's quite good to have investments like this. I know that it takes a while for people to have some different results, but it should not be a loss if they held.

[Upgrade00]

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

This actually is the best option to buy, especially if you're not one that is on my drawn to Bitcoin by rising price and traffic around it. If one has been buying consistently every month since the last ATH, their average price per unit would be much lower than the last ATH and they'll have gotten massive gains already with the current price.

Trying to time the bottom can work out if you know what you're doing and have a readily available stash of capital to spend, but for a newbie, DCA is the best option.

[ajiz138]

What you mentioned about buying without thinking about the upper and lower prices is that the DCA method is more appropriate, many people accumulated from the $20K price and now have made a pretty good profit, maybe they will continue to hold on until the price is even higher.

Buy Dip is a good plan, if you have a large capital then be brave enough to do it, I myself lean more towards the DCA method because it is simpler to do without thinking about what price to enter.

Those who bought ATH before, have returned capital at the beginning but I think they will still HODL.

[ShowOff]

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

This actually is the best option to buy, especially if you're not one that is on my drawn to Bitcoin by rising price and traffic around it. If one has been buying consistently every month since the last ATH, their average price per unit would be much lower than the last ATH and they'll have gotten massive gains already with the current price.

Trying to time the bottom can work out if you know what you're doing and have a readily available stash of capital to spend, but for a newbie, DCA is the best option.

That's right, MicroStrategy did it and they never cared what the price of bitcoin was when they bought it. Such an investment strategy allows the investor to obtain a lower average value than the single investment he holds, thereby giving him more profits than leaving it without further investment.

In fact, DCA has provided a good opportunity for all investors not to wait too long for high prices to take profits. I mean, if someone buys 1 bitcoin for $69k and they also buy 1 bitcoin for $16k, then today they have earned a pretty good return. DCA is a great option for anyone, it will improve the portfolio and the opportunity to get faster returns.

[Wexnident]

~

I'd say the point of buying at any point, either low/high is only good if you were doing DCA in the first place. After all, the money always enters so at some point if the price gradually goes up you would've profited plenty either way, it would just take more time. If you weren't doing DCA, then you either forgot about it or sold when it crashed, accepting the loss.

On the other hand, people who fail to invest and try to find the bottom can be said to be looking at the market with a narrow point of view, possibly on a weekly/monthly pov. Otherwise, they would've started DCA or at least invested at some point between when the market was at or below $20k since most people who'd invest would probably start comparing the current price from ATH as a point to compare. At least that's how I started.

[Ben Barubal]

What you mentioned about buying without thinking about the upper and lower prices is that the DCA method is more appropriate, many people accumulated from the $20K price and now have made a pretty good profit, maybe they will continue to hold on until the price is even higher.

Buy Dip is a good plan, if you have a large capital then be brave enough to do it, I myself lean more towards the DCA method because it is simpler to do without thinking about what price to enter.

Those who bought ATH before, have returned capital at the beginning but I think they will still HODL.

     That's right, even if I were the previous holder who got stuck with my holdings at the previous ATH and only held it for a few years, I still wouldn't sell it, even though I see that it will achieve at least $100,000 per bitcoin. I'll just keep it there. will sell, especially if I bought more than 1 bitcoin at that time, of course.

     But there are some who have exited, maybe because their profit is big for them and they may be satisfied with that, and that is their choice, of course, and we respect that for them too.
However, for me now I will continue to do dca for the assets I want to accumulate.

[Finestream]

Absolutely agree with whatever you have mention because I have experienced it, whoever would have purchase last time but all time high and did not sell it till now will be in profit but very few would have that much patience apart from long term investors and being the second type of investors who buy in dip is really difficult as you never know the rock bottom and very few would succeed in this too.

DCA is the best kind of investment and I have been immensely benefited by doing it with Bitcoin and this is something which everyone can try.

This is the best advantage of DCA that only few people have been aware. Buying bitcoin gradually does not basically mean that you have to start buying at its dips, sometimes you have to think for long term as well that even if you buy at its ATH, the fact that you are still inclined to hold it for long term, then you won’t still be at loss but definitely see yourself in massive profits when a new ATH arrives. Although this might be highly risky and majority would still be fearful, but if you have faith in bitcoin and you are only investing at the amount you can afford to lose, then you have really nothing to worry about.

[Hamphser]

Absolutely agree with whatever you have mention because I have experienced it, whoever would have purchase last time but all time high and did not sell it till now will be in profit but very few would have that much patience apart from long term investors and being the second type of investors who buy in dip is really difficult as you never know the rock bottom and very few would succeed in this too.

DCA is the best kind of investment and I have been immensely benefited by doing it with Bitcoin and this is something which everyone can try.

This is the best advantage of DCA that only few people have been aware. Buying bitcoin gradually does not basically mean that you have to start buying at its dips, sometimes you have to think for long term as well that even if you buy at its ATH, the fact that you are still inclined to hold it for long term, then you won’t still be at loss but definitely see yourself in massive profits when a new ATH arrives. Although this might be highly risky and majority would still be fearful, but if you have faith in bitcoin and you are only investing at the amount you can afford to lose, then you have really nothing to worry about.

There would really be no issues if you are really just having those plans that you would really holding up for long term on which having those entry points wont really be that much in concern since you do know deep inside that this is something that you are after since you are really that going for long term. You've been that confident that the price would be going upwards no matter what.

With the current price that we do have on BTC now then we can really say that it is really that actually too high or expensive for someone to buy but considering that we can
buy in fractions then it should really be just that fine. It is really just that there are people who are really that too skeptical on things that they've been seeing without
even trying out to realize about into its potential.

[2Pizza410000BTC]

It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy. I want to draw a quick summary of all the bitcoin all-time highs first to remind you that if you had bought in the previous ATH without minding the price, you are on profit now. And this is to encourage us that buying the ATH is not as bad as we think. My theory is to buy high or low and not sell. You won't lose if you don't sell, and imagine your DCA in one form or another since you would have no regret at all. Obviously, it is not the best option.

There are two type of investors i know this period and how it is affecting them

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.



Source of image link here: ATH Chart Link

Based on the current price of Bitcoin, everyone is in profit, including those who bought Bitcoin at the previous ATH. Because the previous ATH was $69000 which is the highest price for the past years but currently it has exceeded $73000 which is the all time high price of Bitcoin. But I think the biggest gainers here are those who bought from the highest dips like between $15,000 and $17,000. I am now in profit because I invested in bitcoins using DCA method. I found DCA method to be the most successful.

[_BlackStar]

-snip-

Based on the current price of Bitcoin, everyone is in profit, including those who bought Bitcoin at the previous ATH. Because the previous ATH was $69000 which is the highest price for the past years but currently it has exceeded $73000 which is the all time high price of Bitcoin. But I think the biggest gainers here are those who bought from the highest dips like between $15,000 and $17,000. I am now in profit because I invested in bitcoins using DCA method. I found DCA method to be the most successful.

Anyone has made a profit now - especially since bitcoin has been at its new ATH. I'm not worried at all to say that any investor would get more returns if they were willing to hold on to their bitcoin longer - but it would be a good idea to sell some of it now because it could be that the price will correct for a while before it recovers.

Many users here say DCA and DCA - but I'm not sure they actually do. Many of them just say it's a good strategy - even though they don't use it except by trying not to sell bitcoin from the proceeds they get from signature campaign.

[Jating]

There are two type of investors i know this period and how it is affecting them

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

This is what we call long term holder, and those investors who really knows or at least have a good strategy on how and the why of bitcoin investments or accumulation. Also if anyone is not aware of, JJG Sustainable Bitcoin Withdrawal Strategy by our very own @JayJuanGee. You might want to take a look at it because I'm pretty sure, everyone will benefit as this is base on JJG experience as a long term Bitcoin holder.

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.

Right, but the thing with this strategy is that you keep on waiting for the dip, and there is a question on what if the dip didn't happen? So for me the best strategy is just do DCA and have the mentality to stay in the game for the long haul of it.

[South Park]

It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy. I want to draw a quick summary of all the bitcoin all-time highs first to remind you that if you had bought in the previous ATH without minding the price, you are on profit now. And this is to encourage us that buying the ATH is not as bad as we think. My theory is to buy high or low and not sell. You won't lose if you don't sell, and imagine your DCA in one form or another since you would have no regret at all. Obviously, it is not the best option.

I cannot really agree with this idea that buying at the ATH is not that bad, buying at that moment is really bad, it is true that if you just take a look at the charts, it can be very easy to think that since we know bitcoin will at some point recover, then the only thing a person has to do is to wait for a few years before turning a small profit, but a lot can happen during those years, economic crisis, health issues, losing your job and many other things which could force you to sell, investors have to make the effort to buy at the best possible time, so not only they can obtain more profits, but also they have more room to maneuver in the case their life does not move according to their expectations.

[serjent05]

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.

Are you suggesting that buying on the previous ATH has more chance to enter rather than buying at bottom(below previous ATH)? You have a lot of time buying below the previous ATH compared to buying at peak. I purchased most of Bitcoin on 20K level after the price recovers from the 14K bottom.

The thing is, bottom buyer have the possibility to not buy Bitcoin because they think it is too expensive, so I understand @OP's statement.  Whether they have a lot of time buying below the previous ATH or not is not the issue, the issue is their thinking that they are not buying Bitcoin at certain price range, and they will only think it is worth buying if the Bitcoin price hits their target price which often times does not happen thus the reason of missing the chance to buy.

It’s true that if you just hold even if you purchased on previous ATH you will jot be in profit but this is the most terrible idea rather than cut loss and purchased at the bottom because you will have more profit. You don’t have unlimited time to wait for many years and just earn 10% of your investment while easing the pain of your sever losses back to the time when the price is on the rock bottom.

True that, but many people are driven by hype, we cannot deny the fact that more people are buying when the Bitcoin price is surging than when Bitcoin price plummeting.  We can see that in the volume of Bitcoin trades during the bull and bear market.  So at least for those ATH buyer, their wait had became fruitful and they can be able to say that they are in profit when Bitcoin breaks its ATH these past few days.  And that is a very good thing because at  the moment Bitcoin breaks it previous ATH, it is the time when we can say that Bitcoin investment is 100% profit for those who have patience.

[Wiwo]

This is what it is,  no one wants to buy Bitcoin at an All time high price,  it doesn't work that way and sometimes you may end up making a huge loss or having to wait for a long period before you come out of the loss if you buy at all-time high price,  which is why many people act along with waiting to see when the price come back to it correction level where they have alot of discount,  that way the waiting time become shorter and also easy to get into profits position with that approach of buying low.

Take for example,  those who bought at the previous all-time high,  hard to wait for this long before making the little profits they are seeing now,  and the possibility for them to make more profits within the short term is likely not going to come anytime soon so that the reason why it is a bad idea to buy Bitcoin at a high price if you looking to make good profits in short term or even long terms manners.

[poodle63]

goes to show why spot trading is superior with crypto people could just wait it out letting their floating loss floating unrealized for sometime can make them gain profit instead in the long term game.
same thing with this, in the previous all time high when the price suddenly dumping, people advising that anyone buying bitcoin with spot, could just wait it out until it hits all time high, turns out it was true, well it was true for many times already seeing from the graph so thats definitely not unfounded advise but instead a very informed one if im being honest.
i think the price gonna spike from here on reaching $100k easily then in the future if bearish ever occur the bottom gonna be significantly higher than the previous one probably around previous all time high if im being honest. we will not see price of bitcoin dumping ever again in the future, overall a great feat that bitcoin is achieving, after all the total supply is limited bitcoin is gonna be as scarce as it can get and the price gonna be really high in the future. probably we will see $1m at some point.

[pinggoki]

As a long-term hodler, I can definitely attest that it's all profit at the long run, that's why I've always been doing DCA for a long time now and there's no other way for me but to make more money for myself, with all the profit that I've got through the years, it's actually a good thing that I believed in bitcoin despite the scare and FUD when the bear market is on season. But I have reservations about buying at an all-time high or price peaks of bitcoin though, I feel like that's the time that if you're doing DCA, the time that you should be taking it easy and instead save fiat for the cases where there's a possibility of a price correction or massive selling happens, you can easily get more bitcoin that way since you've got the money to buy since you took it easy during the price peaks.

[MFahad]

Well, I'd say it should be motivation for people who are new to Bitcoin and cryptocurrencies and are about to make an entry, but people who are old and have been around for quite some time, shouldn't be buying at an ATH because they had better opportunities to do so, and if they didn't buy back then and are buying at an ATH, they are not doing things in the right way even if they may become profitable in the next bull run, it still isn't justifiable in my opinion.
So if a person that is old in the market and thinks of long term investments, they should have started buying in portions when the price was lower instead of doing it now as their profits would have been much higher in that case.

[Essential10]

How many people would want to take a new entry at the current price of Bitcoin? Those who bought Bitcoin at past highs may be heaving a sigh of relief as they have now seen a small profit. Bitcoin peak price i.e. currently it has crossed $73k which is the current peak price of Bitcoin, did those who bought at the past high price hold it at this current price or withdraw their money. Those who regularly DCA by buying Bitcoin at past highs are also now in big profits. I think DCA is a powerful tool for building wealth through Bitcoin investing and a successful method for anyone looking to start Bitcoin investing.

[mich]

Well yes that is a good way to look at your profits. I did not think about it like this before. If all of us holders did but it before new ath we did get gains and are in profit.
I do still want to buy more crypto because I am 'bullish'. But we must be ready for a correction to come and it would take out all of our profits.
For me it is a time to wait and just keep making profits form hodling. But if there is a big dip I will use some of my fiat for more cheap coins.

[Obim34]

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.

Are you suggesting that buying on the previous ATH has more chance to enter rather than buying at bottom(below previous ATH)? You have a lot of time buying below the previous ATH compared to buying at peak. I purchased most of Bitcoin on 20K level after the price recovers from the 14K bottom.

Don't get him mixed up, his only making reference to those who missed the opportunity of buying early, during the DIP and later ended purchasing when Bitcoin has experienced significant price growths. I saw a thread of a guy who had missed buying the DIP due to procrastination and having to wait the market experiencing a more DIP, he met the price at $20k and relentlessly waited the price to DIP even more but unfortunately never did he get that opportuned and now we already at an all time high, would you still recommend him to purchase Bitcoin? Yes it's never too late. Every All Time High is a DIP to another All Time High. Those who had bought at the 2021 all time high are currently on profits as long they maintained their portfolio by holding and even catching more portions of Bitcoin during DIP.

[Dailyscript]

Well, I would say anyone who is smart enough to hold between two ATH's would also be smart enough to buy some along the way. Think about it, if you bought at ATH and still holding, then it means you trusted bitcoin to go back up one day, if you think that it will go back up one day, then why wouldn't buy it when it is even cheaper?

It would only be logical, someone who thinks it will be 70k one day, will want to buy when it's 20k or 30k or even 40k, and that means their entry point might be ATH but they probably lowered their average purchasing price. This is why I believe that it's quite good to have investments like this. I know that it takes a while for people to have some different results, but it should not be a loss if they held.

Such an investor is a worthy one, and he deserves better. It is difficult for people to believe in bitcoin these days, like the only perception they have of it is that it can make you reach overnight or that if you just invest in it, it's going up. The only people who truly believe in bitcoin are the investors who bought bitcoin at several intervals, waited for long regardless of the volatility and fearful price fluctuation, to name a few. Yes, this investor still holds on firmly to their bitcoin, believing that this day will come.

As we are talking right now,. There are investors bagging more bitcoin in this ATH season. If you ask them the reasons, you will be amazed because they know cryptocurrency is the future, and if any cryptocurrency is first to bring that change, then it will be bitcoin. Someone told me that he knew someday bitcoin would reach 5 million dollar's for one but he wont be alive to see it that is his anger.

[Marvelockg]

Although buying in an ATH isn't the best option, I totally understand the angle you're coming from. What stands now as an ATH will become the bearish season in the next five to ten years time as shown from the pictorial representation you gave and someone that buys even at $80k will still be in profit when bitcoin finally hits $100k and above.

But this doesn't mean you should wait only to buy during an ATH, remember you are looking at the best time to possibly buy that will put you at a good profit. If you are buying with the DCA merhord, it's understandable if you still buy in an ATH because you would normally want to continue in youe routine and because its actually an accumilated purchase, your dip purchase will counter your bullish purchase whish will still put you in a good profit in the long run but generally, buying during a given ATH will mean that you have to wait lonher untill bitcoin breals a new all time height.

[adaseb]

I know many people personally who bought bitcoin above $60K last cycle and guess what. Almost all of them have sold.

Some sold in the $30K area where it looked like bitcoin was going nowhere. And the rest sold after the Ftx collapse where it looked like bitcoin would go to $10k again.

I am pretty sure there are rarely any people who are in profit now who bought in 2021.

[Volimack]

As far as I understand the market is in a very good position. If you think about profit while buying ATH, it will not be possible to make much profit. Now getting more profit than previous ATH buy. All the investors I know are predicting that Bitcoin will go to $100K now that Bitcoin will still give good long term returns. A bull run is going on in the market the price of Bitcoin will continue to increase.

[Nrcewker]

If you add “If” in many places, then definitely you would have been Elon Musk by worth till now. Many have missed many potential time to buy the coins in cheap. At that time everyone just undervalued the coins, for which they didn’t make the deserving profit. Nothing can be done what happened in the past. If people still want to make profits, then if they buy now also, then can make decent profit. The people just need to show faith in the coins.

[Ayers]

I know many people personally who bought bitcoin above $60K last cycle and guess what. Almost all of them have sold.

Some sold in the $30K area where it looked like bitcoin was going nowhere. And the rest sold after the Ftx collapse where it looked like bitcoin would go to $10k again.

I am pretty sure there are rarely any people who are in profit now who bought in 2021.

This is not surprising because I think the people willing to buy bitcoin for $60k or more are mostly newbies. They are greedy and ignorant about the market because if they are experienced investors, they will realize that that time is the peak of the bull season. And buying at that time is much riskier than the profits they will receive. But buying bitcoin for $67k now is completely different than in 2021 because we are at the pre-bull cycle and not near the end of the bull cycle like in 2021. So, buying bitcoin right now is quite safe and the profits are worth the risks we have to trade off.

[AVE5]

If we buy our bitcoins without minding the price then it's like abolishing the DCA accumulation method and it's not a good one for for Petty of little funds of Investors although, buying and accumulating of bitcoin shouldn't be prioritized on a particular price just as you said Op, whether you buys at a lower or higher prices but you could hold for long l, then you'd definitely make it profitable when the market rises because the bull run volatility potentials of bitcoin is to keep beating its past ATH so even if you buys at a current ATH, you never bought an All Time Future ATH. So, no don't need to panicking and don't feel so bothered or fears when you buys at a high value of Bitcoin.

[goaldigger]

Those who are trap before can finally enjoy the profit today but only those who chose to stay and hold.

Another proof that the cycle continues with cryptomarket that after hitting the bottom rock, the market will fly again on its own.

If you missed the bear market, don’t worry you can still have the chance in the next cycle and more halvings to come, for now jut be cautious with your investments and choose to take profit.

[South Park]

I know many people personally who bought bitcoin above $60K last cycle and guess what. Almost all of them have sold.

Some sold in the $30K area where it looked like bitcoin was going nowhere. And the rest sold after the Ftx collapse where it looked like bitcoin would go to $10k again.

I am pretty sure there are rarely any people who are in profit now who bought in 2021.

This is not surprising because I think the people willing to buy bitcoin for $60k or more are mostly newbies. They are greedy and ignorant about the market because if they are experienced investors, they will realize that that time is the peak of the bull season. And buying at that time is much riskier than the profits they will receive. But buying bitcoin for $67k now is completely different than in 2021 because we are at the pre-bull cycle and not near the end of the bull cycle like in 2021. So, buying bitcoin right now is quite safe and the profits are worth the risks we have to trade off.

It is because of this that we cannot just take a look at the price to determine if buying at that moment is a good idea or not, buying above 60k on 2021 is completely different than buying above 60k on 2024, at the time it was clear that we were at the limits of what the price of bitcoin could achieve, so anyone buying at that time was making a terrible decision, while anyone buying above that price now is in fact making a good move, since the bull market is just starting and we expect for the price to go much higher during the next months.

[taufik123]

It is because of this that we cannot just take a look at the price to determine if buying at that moment is a good idea or not, buying above 60k on 2021 is completely different than buying above 60k on 2024, at the time it was clear that we were at the limits of what the price of bitcoin could achieve, so anyone buying at that time was making a terrible decision, while anyone buying above that price now is in fact making a good move, since the bull market is just starting and we expect for the price to go much higher during the next months.

Bad decisions in the past because buying at ATH prices above $60k would have gotten worse if they hadn't held it.
Whereas now that the ATH price has exceeded the price of $73k, those who are too FOMO will buy at a high price again,
this cycle will always happen to people who only follow FOMO.

People who were able to hold their Bitcoin when buying in ATH last year to date are certainly quite great at holding back in the long run.
They really have to seize the opportunity this time to double their long-overdue profits.

[freedomgo]

I know many people personally who bought bitcoin above $60K last cycle and guess what. Almost all of them have sold.

Some sold in the $30K area where it looked like bitcoin was going nowhere. And the rest sold after the Ftx collapse where it looked like bitcoin would go to $10k again.

I am pretty sure there are rarely any people who are in profit now who bought in 2021.

I have also seen that. People still end up panic selling when they are seeing bitcoin price drops drastically and end up deciding to sell even at a lower position. Once you resort doing that, accept already that you’ll end up losing from your investment. However, there are still rare people who manage to be patient and hold their coins like there’s no plan of selling. And it’s obvious that they’re already in profits right now if they decide to sell. But I guess people like them will still wait for the final bull run, and will not waste the opportunity of selling their coins before bitcoin bull run event takes place.

[Maslate]

Those who are trap before can finally enjoy the profit today but only those who chose to stay and hold.

Another proof that the cycle continues with cryptomarket that after hitting the bottom rock, the market will fly again on its own.

If you missed the bear market, don’t worry you can still have the chance in the next cycle and more halvings to come, for now jut be cautious with your investments and choose to take profit.

Yes, taking profits at some point is also vital. But that won’t mean that you have to sell all your coins in exchange for stable coins, there are bigger profits waiting ahead so reserve some of your coins for future profits. But for those who miss the opportunity of not buying earlier, I guess until we have but reached bitcoin halving and bull run, opportunities are still there. Although the risk is quite high, but we all know it’s always worth taking risk with bitcoin in the end.

[Zigabel]

Actually buying at a ATH has never been Ideal enough because you will have to wait much longer than others who bought at the dip will before they will be able to start getting profit, normally the dynamics of Bitcoin totally has been an upwards movement with some occasionally correction which depending on the time frame of analysis do last through some period of time, and your preference in this determines how well you are going to be profitable in the total movement, so if you are buying at the ATH which usually shows some kind of exhaustion of the strength of the bulls pushing the market upwards, you will have to wait till there's a correction and it's over with before attaining your point of entry and then proceed into profits and some time this can actually take a whole long time and you may loose your portfolio if you don't have. A really big one.

It's always better and safer to buy at lows, corrections where you you will not have to wait for a down ward movement before coming to your point of entry and then profitablity. Buying in deeps helps you get in to profit quick enough and that has always been the main reason behind the buying of the coin, so they appreciate and turn out profitable for us. So whenever you are looking forward to buy a crypto asset, make sure to buy at the low and if it's high already be patient and wait for another low do not allow FOMO to causes you your portfolio.

[AirtelBuzz]

I think the price of Bitcoin previously reached an all-time high in 2021, and since then, the price of Bitcoin was the highest it has been before touching a new ATH record this year. If those who bought bitcoins during the previous ATH were able to patiently hold on to the bitcoins for that long, they may have profited but not much as the price of bitcoins touched $72k this year, which is only a few thousand more than the previous ATH.
It might be foolish for us to buy bitcoins when bitcoin reaches ATH because then the price of bitcoins starts to fall like it has been this year. Even before that i.e. in 2021 when Bitcoin touched it ATH the price of Bitcoin began to decline steadily. But for those who bought bitcoin during ATH this year I think they still have time to profit because bitcoin halving will happen this year then the market will definitely change.

[Hamphser]

Actually buying at a ATH has never been Ideal enough because you will have to wait much longer than others who bought at the dip will before they will be able to start getting profit, normally the dynamics of Bitcoin totally has been an upwards movement with some occasionally correction which depending on the time frame of analysis do last through some period of time, and your preference in this determines how well you are going to be profitable in the total movement, so if you are buying at the ATH which usually shows some kind of exhaustion of the strength of the bulls pushing the market upwards, you will have to wait till there's a correction and it's over with before attaining your point of entry and then proceed into profits and some time this can actually take a whole long time and you may loose your portfolio if you don't have. A really big one.

It's always better and safer to buy at lows, corrections where you you will not have to wait for a down ward movement before coming to your point of entry and then profitablity. Buying in deeps helps you get in to profit quick enough and that has always been the main reason behind the buying of the coin, so they appreciate and turn out profitable for us. So whenever you are looking forward to buy a crypto asset, make sure to buy at the low and if it's high already be patient and wait for another low do not allow FOMO to causes you your portfolio.

If you are a long term holder then this wont really be an issue but if you are someone whose really that comes after with shorter trades and you have caught yourself into that previous bull run peak then emotions and patience would really be primarily would be your opponent into these moments or conditions on which this is really that actually that too hard for you to control on. This is why some people do end up on panic selling just because they cant really be able to bare up the stress and disappointment that they had bought on the peak.

[STT]

We're trading below that level now and today the highs were found at the weekly average hence we are trading bearish for this week and probably next I think.   Till we confirm properly on a daily and weekly bar basis I assume we are range bound at best and negative at worst waiting for a break down further.

So near term negative and I think medium to longer term we are intact in a good recovery of all prior losses, its hard to be too negative overall in that full context.  However we have to find and prove that positive trait in the price action first, before then I think its best I watch for people taking off some of their BTC balance amidst background buying by the ETF perhaps and maybe others.
  Just the liquidity of some people selling is enough to bring us down 10k or more thats all quite reasonable.

Profit taking always happens and its no real negative just have to account for it and try to be fully aware of a change back to a positive trend, dont get too disheartened before that happens even if we do go back to prices in the 50's

[hatshepsut93]

It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy.

The problem is, all patterns end at some point and new patterns replace them. It could be that Bitcoin at some point in the future will reach a certain peak, then crash and never revisit that peak ever again. Or it could decades to see that price again. Bitcoiners tend to brush off unrealized losses with their "just hodl" mantra, but not everyone can just hodl. Sometimes life makes you spend money whether you like it or not, and this is where having all your wealth stored in Bitcoin would be a major downside.

[fuguebtc]

Actually buying at a ATH has never been Ideal enough because you will have to wait much longer than others who bought at the dip will before they will be able to start getting profit, normally the dynamics of Bitcoin totally has been an upwards movement with some occasionally correction which depending on the time frame of analysis do last through some period of time, and your preference in this determines how well you are going to be profitable in the total movement, so if you are buying at the ATH which usually shows some kind of exhaustion of the strength of the bulls pushing the market upwards, you will have to wait till there's a correction and it's over with before attaining your point of entry and then proceed into profits and some time this can actually take a whole long time and you may loose your portfolio if you don't have. A really big one.

It's always better and safer to buy at lows, corrections where you you will not have to wait for a down ward movement before coming to your point of entry and then profitablity. Buying in deeps helps you get in to profit quick enough and that has always been the main reason behind the buying of the coin, so they appreciate and turn out profitable for us. So whenever you are looking forward to buy a crypto asset, make sure to buy at the low and if it's high already be patient and wait for another low do not allow FOMO to causes you your portfolio.

If you are a long term holder then this wont really be an issue but if you are someone whose really that comes after with shorter trades and you have caught yourself into that previous bull run peak then emotions and patience would really be primarily would be your opponent into these moments or conditions on which this is really that actually that too hard for you to control on. This is why some people do end up on panic selling just because they cant really be able to bare up the stress and disappointment that they had bought on the peak.

Even for long term holders, buying at ATH will always be a problem as it will not give you much profit and you need to hold for a very long time. Just think about the people who bought bitcoin for $69k in 2021 and they had to wait 3 years to break even while the people who bought bitcoin for under $20k in 2022 are making double profits 3 times. If it were you, would you feel comfortable and satisfied with that result?

Therefore, investing in bitcoin must always be researched and analyzed thoroughly and clearly before we want to invest . Don't invest with an empty head and only rely on people's advice, you will only become liquidity for the market. A good project does not mean it will definitely bring you good results, but to get good results you must buy at a good price.

[arjunmujay]

Actually buying at a ATH has never been Ideal enough because you will have to wait much longer than others who bought at the dip will before they will be able to start getting profit, normally the dynamics of Bitcoin totally has been an upwards movement with some occasionally correction which depending on the time frame of analysis do last through some period of time, and your preference in this determines how well you are going to be profitable in the total movement, so if you are buying at the ATH which usually shows some kind of exhaustion of the strength of the bulls pushing the market upwards, you will have to wait till there's a correction and it's over with before attaining your point of entry and then proceed into profits and some time this can actually take a whole long time and you may loose your portfolio if you don't have. A really big one.

It's always better and safer to buy at lows, corrections where you you will not have to wait for a down ward movement before coming to your point of entry and then profitablity. Buying in deeps helps you get in to profit quick enough and that has always been the main reason behind the buying of the coin, so they appreciate and turn out profitable for us. So whenever you are looking forward to buy a crypto asset, make sure to buy at the low and if it's high already be patient and wait for another low do not allow FOMO to causes you your portfolio.

If you are a long term holder then this wont really be an issue but if you are someone whose really that comes after with shorter trades and you have caught yourself into that previous bull run peak then emotions and patience would really be primarily would be your opponent into these moments or conditions on which this is really that actually that too hard for you to control on. This is why some people do end up on panic selling just because they cant really be able to bare up the stress and disappointment that they had bought on the peak.

Even for long term holders, buying at ATH will always be a problem as it will not give you much profit and you need to hold for a very long time. Just think about the people who bought bitcoin for $69k in 2021 and they had to wait 3 years to break even while the people who bought bitcoin for under $20k in 2022 are making double profits 3 times. If it were you, would you feel comfortable and satisfied with that result?

Therefore, investing in bitcoin must always be researched and analyzed thoroughly and clearly before we want to invest . Don't invest with an empty head and only rely on people's advice, you will only become liquidity for the market. A good project does not mean it will definitely bring you good results, but to get good results you must buy at a good price.

That's right, as buyers we have to know first what the condition is. Don't just buy it straight away without further consideration.
but that happens for in-person purchases. different from DCA. When people routinely buy money every week, for a long period of time they will definitely make a profit and are not affected by the price dynamics of Bitcoin. because what is taken is the average. It's not as much an advantage as those who analyze the market first to get more profits, but DCA is enough if you want to get passive profits from Bitcoin.

[Jating]

It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy.

The problem is, all patterns end at some point and new patterns replace them. It could be that Bitcoin at some point in the future will reach a certain peak, then crash and never revisit that peak ever again. Or it could decades to see that price again. Bitcoiners tend to brush off unrealized losses with their "just hodl" mantra, but not everyone can just hodl. Sometimes life makes you spend money whether you like it or not, and this is where having all your wealth stored in Bitcoin would be a major downside.

Although the only pattern we see is every 4 years we have this bull run. However, a new pattern emerges today as we have a new all time high prior to the halving. And so it invalidates our previous cycle that it's hard to see what will be or how bit the bull run will be this year.

Yes, take profit as you can, others hodl though, as we are looking for like $100k at conservative estimates at least. But there is nothing wrong with taking profits from time to time as this is how we become great investors. And then uses that extra money that we profit in other things.

[peter0425]

~

I'd say the point of buying at any point, either low/high is only good if you were doing DCA in the first place. After all, the money always enters so at some point if the price gradually goes up you would've profited plenty either way, it would just take more time. If you weren't doing DCA, then you either forgot about it or sold when it crashed, accepting the loss.

exactly  DCAing is still the best way to treat this but the problem is that how ,much are you willing to risk because DCA is still harder for many to manage learning completely with low risk.

On the other hand, people who fail to invest and try to find the bottom can be said to be looking at the market with a narrow point of view, possibly on a weekly/monthly pov. Otherwise, they would've started DCA or at least invested at some point between when the market was at or below $20k since most people who'd invest would probably start comparing the current price from ATH as a point to compare. At least that's how I started.

if people have invested at 20k$ value then indeed we are at profit with multiple times , but sadly only few that still has their holding from that point.

[Viscore]

I know many people personally who bought bitcoin above $60K last cycle and guess what. Almost all of them have sold.

Some sold in the $30K area where it looked like bitcoin was going nowhere. And the rest sold after the Ftx collapse where it looked like bitcoin would go to $10k again.

I am pretty sure there are rarely any people who are in profit now who bought in 2021.

This proves that despite of the risk investing in bitcoin due to high volatility, there are still few who managed to trust bitcoin and hold it longer. Now they are almost at the peak of their success if bitcoin price reaches another all time high again. While those who end up panic selling are obviously regretting because they were beaten by their fears that lead them losing their future investment profits. However, opportunities never run out with bitcoin so they can still reinvest again and try not to panic selling again.

[justdimin]

I know many people personally who bought bitcoin above $60K last cycle and guess what. Almost all of them have sold.

Some sold in the $30K area where it looked like bitcoin was going nowhere. And the rest sold after the Ftx collapse where it looked like bitcoin would go to $10k again.

I am pretty sure there are rarely any people who are in profit now who bought in 2021.

This proves that despite of the risk investing in bitcoin due to high volatility, there are still few who managed to trust bitcoin and hold it longer. Now they are almost at the peak of their success if bitcoin price reaches another all time high again. While those who end up panic selling are obviously regretting because they were beaten by their fears that lead them losing their future investment profits. However, opportunities never run out with bitcoin so they can still reinvest again and try not to panic selling again.

That is true, anytime the price falls down, people could just focus on making the best they possibly can and in return they will definitely have some good income. There is no "missing out" on bitcoin, there will be ups and there will be downs, if you missed one down, then you can buy at the next down and just keep trying to make more money.

This isn't some short get rich quick scheme, this is a long term investment, something to consider for your retirement even, so if you want to get rich, just a small portion of this situation is ok. Just wait for your turn, see it go down and then you can get in. Most people would make so much money if they wait for a 10% drop and then get in, aside from the bear market period of course.

[fuguebtc]

Actually buying at a ATH has never been Ideal enough because you will have to wait much longer than others who bought at the dip will before they will be able to start getting profit, normally the dynamics of Bitcoin totally has been an upwards movement with some occasionally correction which depending on the time frame of analysis do last through some period of time, and your preference in this determines how well you are going to be profitable in the total movement, so if you are buying at the ATH which usually shows some kind of exhaustion of the strength of the bulls pushing the market upwards, you will have to wait till there's a correction and it's over with before attaining your point of entry and then proceed into profits and some time this can actually take a whole long time and you may loose your portfolio if you don't have. A really big one.

It's always better and safer to buy at lows, corrections where you you will not have to wait for a down ward movement before coming to your point of entry and then profitablity. Buying in deeps helps you get in to profit quick enough and that has always been the main reason behind the buying of the coin, so they appreciate and turn out profitable for us. So whenever you are looking forward to buy a crypto asset, make sure to buy at the low and if it's high already be patient and wait for another low do not allow FOMO to causes you your portfolio.

If you are a long term holder then this wont really be an issue but if you are someone whose really that comes after with shorter trades and you have caught yourself into that previous bull run peak then emotions and patience would really be primarily would be your opponent into these moments or conditions on which this is really that actually that too hard for you to control on. This is why some people do end up on panic selling just because they cant really be able to bare up the stress and disappointment that they had bought on the peak.

Even for long term holders, buying at ATH will always be a problem as it will not give you much profit and you need to hold for a very long time. Just think about the people who bought bitcoin for $69k in 2021 and they had to wait 3 years to break even while the people who bought bitcoin for under $20k in 2022 are making double profits 3 times. If it were you, would you feel comfortable and satisfied with that result?

Therefore, investing in bitcoin must always be researched and analyzed thoroughly and clearly before we want to invest . Don't invest with an empty head and only rely on people's advice, you will only become liquidity for the market. A good project does not mean it will definitely bring you good results, but to get good results you must buy at a good price.

That's right, as buyers we have to know first what the condition is. Don't just buy it straight away without further consideration.
but that happens for in-person purchases. different from DCA. When people routinely buy money every week, for a long period of time they will definitely make a profit and are not affected by the price dynamics of Bitcoin. because what is taken is the average. It's not as much an advantage as those who analyze the market first to get more profits, but DCA is enough if you want to get passive profits from Bitcoin.

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

[erep]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

[oktana]

You forgot to add the other type of investors that FOMO in without having any reason or belief. They just invest out of the pressure that people are investing. Well, the ATH you speak of didn’t really last because we’re obviously lower than the last ATH. Bitcoin even went as low as $63k or so. However, I believe that it’ll break the record and probably rise to $75k or more. But I can’t be too confident so let’s see how it all plays out because there are many factors that matters.

[Nothingtodo]

The Bitcoin market is completely uncertain. If investments can be made during the dumping of the Bitcoin market, it is natural that there will be profits during the market recovery. However, the best time to buy Bitcoin is unknown, so no matter how high the market is, it is impossible to get the right timing. The highest ATH in 2021 was 69 thousand but in 2024 the highest ATH has become 73000 dollars, that is, even if you can invest in ATH in 2021, there would be profit in ATH now.

[blckhawk]

It's not a lot of profit though, last ATH before the latest ATH of bitcoin, it was around 69k and now it's only at 73k, only a 4k difference. But if you were consistently investing in bitcoin at the previous ATH even through the price dips (especially at the price dips) then yes, you would be in profit, you'd also be the envy of your bitcoin peers that never had the opportunity to invest during the dip and now they've regretted what they've done and they see you as an icon or an idol to follow but I digress, this very reason that even if you buy right now when the prices are so high and the price peaking is the most likely thing that would happen and you hodl to it and have in mind that the bitcoin that you're buying right now is for the long-term profit, you will always be rewarded with a really big profit no matter how you look at it, just need the patience to hold on to those bitcoin no matter what FUD may come through that door, your wait will always be worth it with bitcoin. At this day and age, not believing that you would profit in bitcoin in the long-term is stupidity and not skepticism anymore.

[|MINER|]

You are actually right that those who invested in bitcoin at the last all-time high price have also profited in this year 2024. But I think those who invested at last all time high price are profiting now I would call it their loss recovery. Because I don't think the investors got much profit on the difference of a few thousand or they are very happy with it.

[Sebas.tian]

You are actually right that those who invested in bitcoin at the last all-time high price have also profited in this year 2024. But I think those who invested at last all time high price are profiting now I would call it their loss recovery. Because I don't think the investors got much profit on the difference of a few thousand or they are very happy with it.

But those investors that invested when the price was $18,000 early last year achieve the most biggest income in this month, because they use huge amount of money to purchased Bitcoin and hold the Bitcoin till this current bullish season for them to achieve income that sweet their minds in the market. Those that purchased Bitcoin when the price increased to $40,000 made a little income in this season, because they didn't purchase their Bitcoin when the price was low in the market, but this season will make them to learn lesson not to purchase Bitcoin when the price is high. Those that earn little income in this season will try to plan well ahead of incoming bearish season so that they will increase their capital to purchase Bitcoin that will increase their income in the next bullish season.

[JoyMarsha]

Most plans of every crypto investor are to sell at profits when the price of bitcoin increases not when it decreases. It would be so wrong if an investor bought bitcoin at a high price and began to sell it back because he thinks that bitcoin is taking too long to reach its high price again or it won't reach.

Of those who bought bitcoin at its previous ATH, not all of them have hodl hodl bitcoin to date. Many would have sold out for the reasons best known to them but those who hodl bitcoin to date must have seen some profits in the bitcoin investment they made 4 years ago, coupled with some bitcoin they accumulated when Bitcoin was on the downside

[rojan]

You are actually right that those who invested in bitcoin at the last all-time high price have also profited in this year 2024. But I think those who invested at last all time high price are profiting now I would call it their loss recovery. Because I don't think the investors got much profit on the difference of a few thousand or they are very happy with it.

I am very happy with my investment in Bitcoin because the price of Bitcoin has increased a lot. I have recovered all the losses I had made all year after the Bitcoin growth. All those who had invested in Bitcoin are now in profit.  I have not sold them, I have invested them for a long time. I hope that after a few more years, my invested bitcoins will increase in price several times.

[bitzizzix]

You are actually right that those who invested in bitcoin at the last all-time high price have also profited in this year 2024. But I think those who invested at last all time high price are profiting now I would call it their loss recovery. Because I don't think the investors got much profit on the difference of a few thousand or they are very happy with it.

I am very happy with my investment in Bitcoin because the price of Bitcoin has increased a lot. I have recovered all the losses I had made all year after the Bitcoin growth. All those who had invested in Bitcoin are now in profit.  I have not sold them, I have invested them for a long time. I hope that after a few more years, my invested bitcoins will increase in price several times.

Congratulations to you because the Bitcoin price increase in less than half a year Bitcoin has recovered your previous losses, and Bitcoin has surpassed the previous ATH which has provided profits for many people when they bought at the previous low price or at the previous high price.
We will face a halving in the near future, and if we can be more patient, it is very likely that the price of Bitcoin will reach $100K or more, and you will make much bigger profits. So it's best to continue accumulating your holdings according to your means because the current price can still be said to be a good discount after Bitcoin price reaches a new ATH of $73K.

[AirtelBuzz]

You are actually right that those who invested in bitcoin at the last all-time high price have also profited in this year 2024. But I think those who invested at last all time high price are profiting now I would call it their loss recovery. Because I don't think the investors got much profit on the difference of a few thousand or they are very happy with it.

Those who bought and invested in Bitcoin during the previous ATH are now able to profit during this year's ATH I think it has compensated them. The price of Bitcoin was previously at an all-time high in 2021 a three-year stretch from which those who patiently held on to buying Bitcoin at high prices were able to make up for it this year. Maybe many have been able to hold on and many have failed to hold on but those who have been able to hold on patiently have succeeded.

As we saw when Bitcoin touched ATH in 2021 the price of Bitcoin has continued to fall in the years since then but has also seen occasional gains. But the Bitcoin market completely turned around by the end of 2023 because then Bitcoin ETFs were approved. After the approval of ETFs we see a completely different form of Bitcoin market that is the constant increase in the price of Bitcoin.

[fuguebtc]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

I mean that but some people think that buying bitcoin at ATH is still a good thing because they will eventually make a profit as long as they don't sell it until they make a profit . That's not wrong , but is it a wise decision when everyone is trying to sell at ATH to make a profit while we are trying to buy at high prices? Within 4 years they can make 3, 4 times the profit, and we can only make 20% to 30% profit , is that wise ? In my opinion, the people giving this advice do not have any investment knowledge and it is bad advice .

In investing to make a profit, most of the time, we are waiting and being patient , so if we miss an opportunity, we should wait for another opportunity instead of investing hastily and blindly.

[mirakal]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

You are putting a higher risk on your funds if you enter the market while bitcoin price is at its peak. Even if you say you are here for long term investment, but that never means that it’s okay for you to profit after a couple of years because you still have to wait for bitcoin price to skyrocket so that it will reach a new all time high that is higher from the price you have bought your bitcoin first.

I still believe that buying at its dips is the best decision when you are in an investment. However, we cannot tell exactly if that is already the dip but as long as the market is in bearish, it’s always a perfect entry in the market. No need to debate for that, if you are waiting for your bitcoin investment to maximize its profits in the future, then always start buying if possible at its lowest price.

[arjunmujay]

I still believe that buying at its dips is the best decision when you are in an investment. However, we cannot tell exactly if that is already the dip but as long as the market is in bearish, it’s always a perfect entry in the market. No need to debate for that, if you are waiting for your bitcoin investment to maximize its profits in the future, then always start buying if possible at its lowest price.

but you also need to have extra money that can be used to buy bitcoin again if the next day it goes down again.
because nothing is impossible in the crypto market.
It could be that currently Bitcoin has experienced a 2% decline and you consider it the right time to buy. However, the next day Bitcoin fell again, if yesterday you were all-in on a 2% decline, you have lost the opportunity to buy Bitcoin again on today's decline.

Having good analysis really influences when you can enter correctly.

[tengui]

Maybe what you mean by type 1 investor is a day trader or someone who invests short term. they don't care and will buy even though prices are high because their goal is only short-term investment and small profits, and most importantly market conditions are in a positive trend. and for investor type number 2, maybe he wants long-term investment because the goal is big profits and low risk. What often happens to investors like this is that they often hesitate to buy because the price is still considered too high and could still fall.

[rodskee]

that is what we all experienced when times that ATH is being broken with the new
one but sadly neither of the 2 ATH of my time here gives me this profit because of my
wrong decisioning , this is why this time will be different as I made sure to have my
funds intact at least till next  year when bull market happens.

[CryptoBuds]

You are actually right that those who invested in bitcoin at the last all-time high price have also profited in this year 2024. But I think those who invested at last all time high price are profiting now I would call it their loss recovery. Because I don't think the investors got much profit on the difference of a few thousand or they are very happy with it.

Those who bought and invested in Bitcoin during the previous ATH are now able to profit during this year's ATH I think it has compensated them. The price of Bitcoin was previously at an all-time high in 2021 a three-year stretch from which those who patiently held on to buying Bitcoin at high prices were able to make up for it this year. Maybe many have been able to hold on and many have failed to hold on but those who have been able to hold on patiently have succeeded.

As we saw when Bitcoin touched ATH in 2021 the price of Bitcoin has continued to fall in the years since then but has also seen occasional gains. But the Bitcoin market completely turned around by the end of 2023 because then Bitcoin ETFs were approved. After the approval of ETFs we see a completely different form of Bitcoin market that is the constant increase in the price of Bitcoin.

Is that level of compensation worth it? For example, you spend $100k and buy bitcoin for $69k in 2021 and luckily, bitcoin has touched $72k in 3 years and the profit you get is not even 5%. Meanwhile, if you were patient and waited to buy bitcoin for less than $17k 2 years ago. Now you are getting more than 300% profit, do you think investing in bitcoin right at ATH and 5% profit is enough compensation? If we are satisfied with the result of only 5% profit in 3 years, then clearly we are just stubborn people and do not want to accept our mistakes.
Invest with knowledge and experience, don't invest if you don't know anything about it, don't enter the market just to provide liquidity for others.

[kotajikikox]

Maybe what you mean by type 1 investor is a day trader or someone who invests short term. they don't care and will buy even though prices are high because their goal is only short-term investment and small profits, and most importantly market conditions are in a positive trend.

but short term investors are not applicable in bitcoin not unless times like now happens when the market is flowing here and
there but for normal days? this is only for altcoins.

and for investor type number 2, maybe he wants long-term investment because the goal is big profits and low risk. What often happens to investors like this is that they often hesitate to buy because the price is still considered too high and could still fall.

that will be the most approachable for Bitcoin as this is the constant and best currency when we are talking about long term investing.

[Barikui1]

It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy. I want to draw a quick summary of all the bitcoin all-time highs first to remind you that if you had bought in the previous ATH without minding the price, you are on profit now. And this is to encourage us that buying the ATH is not as bad as we think. My theory is to buy high or low and not sell. You won't lose if you don't sell, and imagine your DCA in one form or another since you would have no regret at all. Obviously, it is not the best option.

There are two type of investors i know this period and how it is affecting them

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.



Source of image link here: ATH Chart Link

Yes it's actually true that people that were able to hold without selling are now in a profit, in spot buying, you can't lose your asset as long as you don't sell, but the major problem is how far can you hold, because I believe that not everyone has the patience to hold, even those that have the patience, don't have the right knowledge on how to hold effectively, like having a source of income and having an emergency fund so that you won't have to fall back to your investment anytime you are in serious financial issues like rent, feeding and health emergencies, but if you can have them in place, then I believe you are ready to hold, because patience alone is not enough.

[Sanitough]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

However, not all of us have this kind of mindset as majority of newbies still enter the market regardless if bitcoin price is at its peak, believing that its price increase will continue since the market is very bullish. But honestly, this is a very wrong strategy as you might end up with huge losses unknowingly. This is why we should get the right information before entering the market and before risking our funds with bitcoin. That way, we won’t be at a situation where the risk to lose is high, since we chose to invest at a bearish season.

[Sorryfor]

Yes that's right. The second seems more reliable to me  If you hold Bitcoin for a long period of time, you will definitely benefit from it. Given all the historical data, the amount that Bitcoin has gone up to today is truly amazing. If you can buy Bitcoin at the right time as per the plan and following the right strategy then you can earn good amount of profit at the end of the day and it will give you profit at the end of the day. Currently Bitcoin is seen. Bitcoin price was 66000$ a few days ago, many thought that the market will not go up but just a few days later Bitcoin reached 70000$ again. So it is a profitable way to hold bitcoins for a long period of time.

[kentrolla]

that is what we all experienced when times that ATH is being broken with the new
one but sadly neither of the 2 ATH of my time here gives me this profit because of my
wrong decisioning , this is why this time will be different as I made sure to have my
funds intact at least till next  year when bull market happens.

It happens and there is only only solution to avoid such wrong decision and that's by doing DCA be it best market or bull market but DCA will evenout the buying the price and you won't be in loss and it's best suited for Bitcoin but it may work for Altcoin as well. But it's not that easy to play around with Altcoins hence I never go full investment or huge investment at one go with Altcoin and sadly we can only learn from our mistakes of not repeating it again.

[dunfida]

that is what we all experienced when times that ATH is being broken with the new
one but sadly neither of the 2 ATH of my time here gives me this profit because of my
wrong decisioning , this is why this time will be different as I made sure to have my
funds intact at least till next  year when bull market happens.

It happens and there is only only solution to avoid such wrong decision and that's by doing DCA be it best market or bull market but DCA will evenout the buying the price and you won't be in loss and it's best suited for Bitcoin but it may work for Altcoin as well. But it's not that easy to play around with Altcoins hence I never go full investment or huge investment at one go with Altcoin and sadly we can only learn from our mistakes of not repeating it again.

DCA might sound simple but of course there would really be still some considerations on which you would really be needing up to do so that you would really be able to make that having effective DCA
but of course it would really be depending on what project or coin you are investing into.IF we do talks about on Bitcoin then there's no doubt that DCA would be the best option that you would really be needing to
take incase you have bought on the peak and ended up on holding up for a couple of years but we do know that in the market it does have that so called cycle on which means that despite of worrying about
on when it would recovers then it would be wise that you should be having that DCA to have that trying out to lower your entry point or something your average.

Although not all would really be having that sufficient fund on doing DCA and this is why some people wont really be able to do such step due to this kind of problem.
So it would really be something that situational.

[South Park]

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

However, not all of us have this kind of mindset as majority of newbies still enter the market regardless if bitcoin price is at its peak, believing that its price increase will continue since the market is very bullish. But honestly, this is a very wrong strategy as you might end up with huge losses unknowingly. This is why we should get the right information before entering the market and before risking our funds with bitcoin. That way, we won’t be at a situation where the risk to lose is high, since we chose to invest at a bearish season.

Many people just follow others blindly without stopping to think if what they are doing is the right thing, when people buy a regular good with the intention to use it they compare the different prices and buy it when it is cheaper, so they save themselves some money by buying that good on this way, but when people are speculating they instead take the opposite approach, and buy the asset when it is rising and it is very expensive, not realizing that they should have applied the same logic they apply to consumer goods and buy their preferred asset when it was cheap.

[Moreno233]

Many people actually bought the 2021 peak because the expectations was that Bitcoin was going to $100k just like we are hoping now. Then no one expected that it will stop where it did so there was buying spree when Bitcoin rose above $50k. The sell off started when price refused to continue the upward movement. Majority of those who bought around the peak should have already sold then. Those who still have the Bitcoins bought at the peak are definitely strong believers in Bitcoin, probably those who invested with money budgeted for long term holding. 

[Russlenat]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

This is from an old investor’s perspective but newbies have different perspectives as well. Once they witness a bullish market then they will anticipate that bitcoin price will certainly be bullish all the time, which leads them to buy at a peak price regardless of how risky it is. And resort into panic selling upon seeing bitcoin experiencing price decline. With that, they will never be in profits no matter how they tried.

Patience is the key. If they can’t overcome some price decline in the market, hence they will never be good hodlers in the process.

[STT]

People definitely will day trade Bitcoin especially now ETF allows very easy access right across the markets.   Thats quite possible, its just a question of skill knowing when a break or run in the price is going to happen and worth the risk of entering the trade with a stop loss for when you are wrong.
    Every entry short term has a cost in terms of risk and losses possible and there is always some who are willing to take that risk and gain multiples of their leveraged stake thats a daily gamble they take across multiple assets.  Theres no reason BTC cant be one of the markets that responds positively or negatively to overall market news and sentiment

[boyptc]

Comparing it with the investors that have bought on the peak of $73k, they have to wait again until they break even.

But an investor that looks at the market to profit quickly, they're the ones that won't survive for so long.

This market is designed for most of the long term holders and whoever stays here for the short term will just have to come back but missed more profits than of those that have just held.

[Oasisman]

that is what we all experienced when times that ATH is being broken with the new
one but sadly neither of the 2 ATH of my time here gives me this profit because of my
wrong decisioning , this is why this time will be different as I made sure to have my
funds intact at least till next  year when bull market happens.

It happens and there is only only solution to avoid such wrong decision and that's by doing DCA be it best market or bull market but DCA will evenout the buying the price and you won't be in loss and it's best suited for Bitcoin but it may work for Altcoin as well. But it's not that easy to play around with Altcoins hence I never go full investment or huge investment at one go with Altcoin and sadly we can only learn from our mistakes of not repeating it again.

DCA might sound simple but of course there would really be still some considerations on which you would really be needing up to do so that you would really be able to make that having effective DCA
but of course it would really be depending on what project or coin you are investing into.

Well, any investing strategy will never gonna be easy, especially when you're overthinking and always depending on the other's prediction instead of doing it on your own.
DCA for example, would become complicated if you keep being undecided everytime there is a correction. Some people wanna find a good entry near the bottom. Of course noone knows the bottom and so that would complicate ones decision.
DCA will only become a simple strategy when you are not too worried about your purchases whatever the price is and of course just let bitcoin do the work for you. And also, mostly importantly this strategy works great for those who are planning to hold for long term.

[$weetne$$]

Many people actually bought the 2021 peak because the expectations was that Bitcoin was going to $100k just like we are hoping now. Then no one expected that it will stop where it did so there was buying spree when Bitcoin rose above $50k. The sell off started when price refused to continue the upward movement. Majority of those who bought around the peak should have already sold then. Those who still have the Bitcoins bought at the peak are definitely strong believers in Bitcoin, probably those who invested with money budgeted for long term holding. 

How do they know if they were buying at the top of the market, no investor will intentionally buy Bitcoin knowing it's the top of the market. Every investor buying Bitcoin is doing so because he believes that Bitcoin will rise in the future. It only depends on how long we think the future is because some investors can buy Bitcoin and begin to be expecting he should be making profits in months while other investors sees years as their future and those are the long term holders. If you mistakenly buy Bitcoin at the top, you shouldn't panic but keep hodling because Bitcoin will always pass its previous highest price eventually. Patience is what we need to have when we invest in Bitcoin when the market is dumping and not rising.

[jaberwock]

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

However, not all of us have this kind of mindset as majority of newbies still enter the market regardless if bitcoin price is at its peak, believing that its price increase will continue since the market is very bullish. But honestly, this is a very wrong strategy as you might end up with huge losses unknowingly. This is why we should get the right information before entering the market and before risking our funds with bitcoin. That way, we won’t be at a situation where the risk to lose is high, since we chose to invest at a bearish season.

I agree that buying at the peak is not a good strategy, obviously. However, that doesn't mean that you should sell your coins the moment it starts to go down neither, you could do DCA and make your way back, which is what people should be trying to do. If you did DCA from 68k to 20k, and then waited for it to reach 70k, imagine how much more money you would have.

This is the important part and I think it should be the most crucial part of any investment. I get that not everyone will be able to do it, and certainly not newbies but at least veterans who remembers the past could maybe try to do something like this to do better. I hope that it could get to a point where we may end up with a much better technology without a doubt.

[stomachgrowls]

Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes.

However, not all of us have this kind of mindset as majority of newbies still enter the market regardless if bitcoin price is at its peak, believing that its price increase will continue since the market is very bullish. But honestly, this is a very wrong strategy as you might end up with huge losses unknowingly. This is why we should get the right information before entering the market and before risking our funds with bitcoin. That way, we won’t be at a situation where the risk to lose is high, since we chose to invest at a bearish season.

I agree that buying at the peak is not a good strategy, obviously. However, that doesn't mean that you should sell your coins the moment it starts to go down neither, you could do DCA and make your way back, which is what people should be trying to do. If you did DCA from 68k to 20k, and then waited for it to reach 70k, imagine how much more money you would have.

This is the important part and I think it should be the most crucial part of any investment. I get that not everyone will be able to do it, and certainly not newbies but at least veterans who remembers the past could maybe try to do something like this to do better. I hope that it could get to a point where we may end up with a much better technology without a doubt.

Once you would really be able to experience up such move or decisions then you would eventually learn. The main issue on that on the time that you have bought on the peak then you would really be making yourself that been impulsive because you would really be having that kind of mixed of emotions and seeing our portfolio dropping out that hard then it would really be something that would be tempting for you to sell on loss.
If you've been able to buy on that 69k peak and holding up to now then congrats but i do highly doubt that for most people who had bought into that ATH or peak purchase but there are ones that actually had made out their purchase into those points but still holding until this moment which it isnt something a simple journey that they have held up for those couple of years that has passed.

We do know that you would really be needing that good control of emotions and your perceptions and positivity towards your investment You cant really be able to hold up that long
if you are really that not that serious on what you've been investing.

[Yaunfitda]

Many people actually bought the 2021 peak because the expectations was that Bitcoin was going to $100k just like we are hoping now. Then no one expected that it will stop where it did so there was buying spree when Bitcoin rose above $50k. The sell off started when price refused to continue the upward movement. Majority of those who bought around the peak should have already sold then. Those who still have the Bitcoins bought at the peak are definitely strong believers in Bitcoin, probably those who invested with money budgeted for long term holding. 

How do they know if they were buying at the top of the market, no investor will intentionally buy Bitcoin knowing it's the top of the market. Every investor buying Bitcoin is doing so because he believes that Bitcoin will rise in the future. It only depends on how long we think the future is because some investors can buy Bitcoin and begin to be expecting he should be making profits in months while other investors sees years as their future and those are the long term holders. If you mistakenly buy Bitcoin at the top, you shouldn't panic but keep hodling because Bitcoin will always pass its previous highest price eventually. Patience is what we need to have when we invest in Bitcoin when the market is dumping and not rising.

We can only know obviously after, not during the actual buy-in. So there is that risk as well that we are talking here. But that's part of it, the unknown that we all want to take and sometimes it might not be the best decision. Or we can't do anything about it but to HODL for years just to break even. Now that the price is above $70k again, those who bought are in profits. However, the end game for those buyers is not to sell today, but just to continue HODLing. If they manage to do it for years then what's more to hold a little longer to look for more profits? And on the contrary, continue to stack up stats, just pile them as much you can and then wait for the bull run after the halving and till 2025 and for sure it's going to be worth waiting that look and take profits.

[Salahmu]

DCA is the best kind of investment and I have been immensely benefited by doing it with Bitcoin and this is something which everyone can try.

I also use the same method on my Bitcoin accumulation because it protects from investing aggressively and also in DCA you don't care so much about the price of Bitcoin because it has to do with slow and steady accumulation for those who doesn't have much investment capital or were steady cash flow is coming from, although in as much as accumulating Bitcoin when the price dip has it own profits advantages but because of my method of accumulation I don't really consider buying when the price dip unless I will be privilege to meet the dip while doing my DCA investment because my target is for a long time holding.

[Webetcoins]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

There is no doubt that if you buy during an ATH and then hold it for a long term, you will have to wait for years for Bitcoin to go above that ATH again so that you can get some profit, however, if someone buys near a new ATH and then sell when they see they are getting about 5% to 10% profit, that isn't a bad deal in my opinion. So, long-time investment during an ATH is not a good thing to do, I agree with that.

A person applying DCA method and buying accordingly also needs a proper strategy and plan with their budget and buying intervals because if one doesn't know how much they should buy after each dip, they would have their capital exhausted before the market reaches the bottom.

[poodle63]

Comparing it with the investors that have bought on the peak of $73k, they have to wait again until they break even.

But an investor that looks at the market to profit quickly, they're the ones that won't survive for so long.

This market is designed for most of the long term holders and whoever stays here for the short term will just have to come back but missed more profits than of those that have just held.

as always the holders always wins because long term investment is the best way to figure out profit from investing in bitcoin for most of the trader they might get caught with sudden dipping and then lost their entire profit and capital possibly but they can always become a long term investment if worse come to worst wait it out until their asset making profit exactly what people from previous bullrun who bought an all time high and patient enough to wait, even though they are buying at peak it can't be denied they have made profit.
but we also know that being patient when the market seems like as if its gonna get doomed is just simply put hard enough to be honest.
its an activity that is mentally exhausting so i'm not surprised if some people just take the loss and move on, but its already proven that someone can buy at peak and could still make profit its all about strategy and patient.

[aoluain]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

There is no doubt that if you buy during an ATH and then hold it for a long term, you will have to wait for years for Bitcoin to go above that ATH again so that you can get some profit, however, if someone buys near a new ATH and then sell when they see they are getting about 5% to 10% profit, that isn't a bad deal in my opinion. So, long-time investment during an ATH is not a good thing to do, I agree with that.

A person applying DCA method and buying accordingly also needs a proper strategy and plan with their budget and buying intervals because if one doesn't know how much they should buy after each dip, they would have their capital exhausted before the market reaches the bottom.

Absolutely, if you buy high you have to be prepared to HODL even when the price drops.
Unfortunately though its not like that for some people, they could either put everything into
Bitcoin and have to sell at a lower price or they suffer from FUD when the price drops.

The best outlook is for long term or minimum 4 years if you buy at the ATH and to consider
the FIAT you put in must not be everything otherwise you will have to sell at a loss.

I have read that after this halving "it will be different". The thinking is that there may not
be another dump because of the ETF buy pressures...

[adultcrypto]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

There is no doubt that if you buy during an ATH and then hold it for a long term, you will have to wait for years for Bitcoin to go above that ATH again so that you can get some profit, however, if someone buys near a new ATH and then sell when they see they are getting about 5% to 10% profit, that isn't a bad deal in my opinion. So, long-time investment during an ATH is not a good thing to do, I agree with that.

The waiting aspect is what many people find hard to do and it is understandable if they are relatively new to bitcoin, building the trust in bitcoin from a practical perspective is not easy. Assuming it were people apply the DCA method already, buying during the peak will not be a problem because the price is never a factor of consideration in the buying process. But it is good to see that everyone who bought the previous ATH, for whatever reason, still holding till now is in profit. As bitcoin have made new ATH and still going higher, those who sold under panic will definitely be regretting their decisions now.

[Marvell1]

...

I have read that after this halving "it will be different". The thinking is that there may not
be another dump because of the ETF buy pressures...

I would never believe these baseless claims because ETF or not, bitcoin is unpredictable. If people were pretty sure about this, would they put all their assets into investing in bitcoin? After all, bitcoin is also a financial market and for a market to exist in a sustainable way, there need to be ups and downs. No market can be considered healthy if it just goes up and up without a correction.
Since the ETF has been approved so far, there has not been a significant correction and I believe bitcoin will correct after the halving, which is what will happen, I am still waiting for “sell in May” like every year.

[Pedrination]

I fully resonate with your points, having experienced them myself. Holding through all-time highs requires patience, and few investors can manage it. Dollar-cost averaging (DCA) has been my go-to strategy with Bitcoin, offering consistent benefits accessible to everyone.

[fuguebtc]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

There is no doubt that if you buy during an ATH and then hold it for a long term, you will have to wait for years for Bitcoin to go above that ATH again so that you can get some profit, however, if someone buys near a new ATH and then sell when they see they are getting about 5% to 10% profit, that isn't a bad deal in my opinion. So, long-time investment during an ATH is not a good thing to do, I agree with that.

The waiting aspect is what many people find hard to do and it is understandable if they are relatively new to bitcoin, building the trust in bitcoin from a practical perspective is not easy. Assuming it were people apply the DCA method already, buying during the peak will not be a problem because the price is never a factor of consideration in the buying process. But it is good to see that everyone who bought the previous ATH, for whatever reason, still holding till now is in profit. As bitcoin have made new ATH and still going higher, those who sold under panic will definitely be regretting their decisions now.

But if we know how to apply the DCA strategy , there will be no way we can buy bitcoin right at the ATH. For example, if you use the DCA strategy from when bitcoin was priced at $15k in 2022 until now, even if you just bought more bitcoin for $73k, your average price is only 40k - 50k. This is completely different from buying all your bitcoins for $73k, and the difference is huge.

If it were me, if I were unlucky enough to buy bitcoin for $69k in 2021 and then I confirmed that bear season has arrived, I would rather cut my losses and wait to buy back at a good price than hold until now just to get a few percent of the profits. In investing, there will be wins and losses and we need to accept them because that is the risk of investing.

[aoluain]

...

I have read that after this halving "it will be different". The thinking is that there may not
be another dump because of the ETF buy pressures...

I would never believe these baseless claims because ETF or not, bitcoin is unpredictable. If people were pretty sure about this, would they put all their assets into investing in bitcoin? After all, bitcoin is also a financial market and for a market to exist in a sustainable way, there need to be ups and downs. No market can be considered healthy if it just goes up and up without a correction.
Since the ETF has been approved so far, there has not been a significant correction and I believe bitcoin will correct after the halving, which is what will happen, I am still waiting for “sell in May” like every year.

I agree with pretty much everything you say! I agree that a financial market must go up
and down, that will always happen and moreso with Bitcoin but what I heard or
read somewhere was that we are kess likely to have those massive 50+% drops and the
ETF's will have more of an influence going forward I believe.

[BITCOIN4X]

I don't know how many users commenting on this thread bought in at the 2021 ATH ($69,000), but if any, their losses must have been recovered right now. I'm not one of them as I didn't buy around $69k back then, but tended to accumulate from $16k to now.

~Snip

I agree with pretty much everything you say! I agree that a financial market must go up
and down, that will always happen and moreso with Bitcoin but what I heard or
read somewhere was that we are kess likely to have those massive 50+% drops and the
ETF's will have more of an influence going forward I believe.

Price volatility is a natural property of crypto prices, this is inherent even if you hold stablecoins. Prices will change all the time and it all depends on supply and demand. Today the price corrected slightly compared to the previous 24 hours, but it will likely only last for a short time before recovering again. Whatever causes market volatility, it will always be there and should be considered by anyone before investing.

[STT]

The interesting thing for todays BTC price is that we need to close below 69k for a negative trend to develop.  Its wavering back and forth and actually I think the rest of the week will be more important but right now it might be decided on this day which is holidays in some countries with no main market access, there is enough for a valid price though imo.

I believe April will be encountering more negative weather and a harder time to stay positive, counter intuitively as halvening is right here.  However the rumor move is stronger then the actual event which in this case I take as cumulatively counting over the entire year hence I stay bullish further out into end year close and beyond hopefully.

[Marvell1]

~Snip

I agree with pretty much everything you say! I agree that a financial market must go up
and down, that will always happen and moreso with Bitcoin but what I heard or
read somewhere was that we are kess likely to have those massive 50+% drops and the
ETF's will have more of an influence going forward I believe.

Price volatility is a natural property of crypto prices, this is inherent even if you hold stablecoins. Prices will change all the time and it all depends on supply and demand. Today the price corrected slightly compared to the previous 24 hours, but it will likely only last for a short time before recovering again. Whatever causes market volatility, it will always be there and should be considered by anyone before investing.

Today is the day that there continues to be positive cash flow into the market through bitcoin ETFs, but we can see that bitcoin prices have not improved much and show no signs of recovery. That shows how difficult it is to predict the price of bitcoin, and still no one can predict what will happen next with bitcoin.

So don't believe what is being spread on social media, there will be no "this time will be different" just because we have ETFs. Only human psychology changes, the market has never changed, the market is still unpredictable.

[Kelward]

The last ATH occured for the first time before halving, and the bull run was just getting started, so people were and still predicting a massive bull season were we'll likely see an ATH that'll reach somewhere near $200k in the peak of this bull run. So if any investor have these mindsets, I don't think that they'll have any problems buying during the last ATH, because they know that in the peak of bull run that we're going to see a new ATH that'll more than double the last ATH. If an investor is doing DCA method and have projected Bitcoin price to reach atleast $150k and above in the bull run, then they shouldn't worry about continuous accumulation, until price begins to near the estimated target.

[Republikcoin.com]

I don't know how many users commenting on this thread bought in at the 2021 ATH ($69,000), but if any, their losses must have been recovered right now. I'm not one of them as I didn't buy around $69k back then, but tended to accumulate from $16k to now.

If you are still regularly collecting Bitcoin from the price of $16K until now, you are also quite lucky because the price level has also changed a lot for Bitcoin so you can feel the benefits very clearly. Likewise, people who have managed to recover their losses this year if they had previously bought at $69K, they have also made a more sizable profit if they had sold at $73K. But in general there are still a lot of people who are still holding and not selling when they see the price of $73K this year, in my opinion, because people like that usually have more confidence in the next price increase in Bitcoin this year.

[Hamphser]

I don't know how many users commenting on this thread bought in at the 2021 ATH ($69,000), but if any, their losses must have been recovered right now. I'm not one of them as I didn't buy around $69k back then, but tended to accumulate from $16k to now.

If you are still regularly collecting Bitcoin from the price of $16K until now, you are also quite lucky because the price level has also changed a lot for Bitcoin so you can feel the benefits very clearly. Likewise, people who have managed to recover their losses this year if they had previously bought at $69K, they have also made a more sizable profit if they had sold at $73K. But in general there are still a lot of people who are still holding and not selling when they see the price of $73K this year, in my opinion, because people like that usually have more confidence in the next price increase in Bitcoin this year.

You are really indeed in profits when you have make those kind of DCA when Bitcoins hit up that 15k all time low for this cycle on which there were people who are still waiting for 10k but we know that it is something a price that we cant really be able to look back. This is why i could say that sometimes there are really people who are really that delusional. For those people who do able to buy on the peak on previous cycle
then we've been able to hit up new all time highs and i could say that congratulations to them on which they had sustained and survived that very long bearish market. For those people who do able to survive then it would really be that hard to believe that they would really be selling out unto their entry points on which it would really be that they would really be tending to hold it further more.

You would really be having in mind that we are already that nearly on halving period which does significantly means that we are near on bull run. Selling now would really be just that a
non ideal thing to do because you are projecting already the probability that you could make even more profits if you do hold up even more longer.

[stadus]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

There is no doubt that if you buy during an ATH and then hold it for a long term, you will have to wait for years for Bitcoin to go above that ATH again so that you can get some profit, however, if someone buys near a new ATH and then sell when they see they are getting about 5% to 10% profit, that isn't a bad deal in my opinion. So, long-time investment during an ATH is not a good thing to do, I agree with that.

A person applying DCA method and buying accordingly also needs a proper strategy and plan with their budget and buying intervals because if one doesn't know how much they should buy after each dip, they would have their capital exhausted before the market reaches the bottom.

In trading, everything should have a clear plan right before starting to trade. Even if you go for DCA, still you should follow a clear strategy for that. But talking about buying at an ATH price, it could only be good if you are using your extra money, but buying using your hard-earned money, that’s highly risky decision. One is not supposed to be buying at a high price, but it’s always when the price is low.

Learn to avoid hypes and FOMOs because that will only push you to wrong decision making. Stick with the plans, and always follow what’s in the plan. And always control your emotions especially when the market gets highly bullish. That’s the key so you won’t be buying at a wrong timing.

[Mate2237]

Yeah, all those who invested in the last All Time High ATH are on the smiling mood. But those who bought at that time took the risk and have the confidence that it will definitely surpass the previous All Time High for them to make profit from it. And that should be a very long term investment and with patient. And most of us, this is the first All Time High and we are still going into see the highest All Time High in this year or early next year before it will finally go back to the next bear market again. And as for bitcoin the transaction fee is also moderate for interested investors to start their journey and it is good for long term for like 6 to 7 years investment.

But if anyone is investing in this period and thinking to reap within 4 to 5 months should not because you might not see the expected results. So long term investment and lock down your mind waiting patiently for years to come.

[Kwarkam]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

[taufik123]

-snip-
But if anyone is investing in this period and thinking to reap within 4 to 5 months should not because you might not see the expected results. So long term investment and lock down your mind waiting patiently for years to come.

If it is indeed forcing and trying to enter the current price period, it may still not be so bad.
Waiting for a deeper correction will provide an opportunity to buy cheaper and more coins earned.

Currently, the price is still stable around $65k-$67k, whereas the last ATH before the halving was $73k.
Only need to buy back when the price continues to fall, and make the most of the ATH hype.
One year in the future, maybe the bitcoin market will be a fairly crowded market with increasingly high demand.

[fuguebtc]

It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits  .

Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.

There is no doubt that if you buy during an ATH and then hold it for a long term, you will have to wait for years for Bitcoin to go above that ATH again so that you can get some profit, however, if someone buys near a new ATH and then sell when they see they are getting about 5% to 10% profit, that isn't a bad deal in my opinion. So, long-time investment during an ATH is not a good thing to do, I agree with that.

A person applying DCA method and buying accordingly also needs a proper strategy and plan with their budget and buying intervals because if one doesn't know how much they should buy after each dip, they would have their capital exhausted before the market reaches the bottom.

In trading, everything should have a clear plan right before starting to trade. Even if you go for DCA, still you should follow a clear strategy for that. But talking about buying at an ATH price, it could only be good if you are using your extra money, but buying using your hard-earned money, that’s highly risky decision. One is not supposed to be buying at a high price, but it’s always when the price is low.

Learn to avoid hypes and FOMOs because that will only push you to wrong decision making. Stick with the plans, and always follow what’s in the plan. And always control your emotions especially when the market gets highly bullish. That’s the key so you won’t be buying at a wrong timing.

We have a small group and this group only consists of investors who are close to each other and we often tell each other this. Choosing a good asset to invest in is just a necessary condition for us to have a successful investment. The sufficient condition is that we need to have a good time to buy, the cheaper we buy, the higher the chance of making a profit. So for me, the timing of buying is extremely important and it will reflect your success. Bitcoin is a good choice, but if we rush in blindly, buying just when everyone is taking profits and we will become liquidity for someone else. So it's not a good investment, it's a bad investment.

[yudi09]

There are two type of investors i know this period and how it is affecting them

There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green.

The second type is the bottom buyer.

In both types, I am more interested in the first type. Here they make purchases by applying the DCA pattern without having to be patient when buying when the price is below.
They are investors who know the best way to get accumulated Bitcoin every year.

If we refer to the previous ATH where the price was below $70k, currently the price is still on the same line. If purchases are made without caring about price because they prioritize the concept of buying using the DCA method, then they will now have made a profit.
The profits will be multiplied when Bitcoin reaches a new ATH.

For investors who choose to be patient and buy when the price is below, they will miss several opportunities to get large profits according to the amount of Bitcoin.
In the second practice, we don't know when the price will be at its lowest point.

[Nrcewker]

I fully resonate with your points, having experienced them myself. Holding through all-time highs requires patience, and few investors can manage it. Dollar-cost averaging (DCA) has been my go-to strategy with Bitcoin, offering consistent benefits accessible to everyone.

If you have strong determination, then no one can stop you from holding the coins. You just need to have patience while holding the coins and keep yourself motivated. You need to make yourself clear that, Bitcoins are limited in numbers, hence it’s obvious that the price will go up. You will have to just show patience. I accept DCA is a great strategy, and it works all the time. Hence in order to make profits, just keep your fundamentals clear.

[$weetne$$]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

If you buy Bitcoin at the previous highest price in the last bull market, you can sell the Bitcoin and wait for the price to drop before buying again but if you have other sources of income that you can go on with your life without thinking about the money that's locked in Bitcoin because you're holding it and not thinking about selling, you can keep holding Bitcoin until we have another halving and a new highest price to reach. Bitcoin isn't a cryptocurrency to have doubts in, every four years Bitcoin will always give those people investing in it profits because of the halving. I don't believe someone will knowingly buy Bitcoin at the all time high price but if it ever happens to you, don't panic but keep buying more Bitcoin and have a strategy that you'll use to own more Bitcoin while you wait for the bull market.

[justdimin]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

If you buy Bitcoin at the previous highest price in the last bull market, you can sell the Bitcoin and wait for the price to drop before buying again but if you have other sources of income that you can go on with your life without thinking about the money that's locked in Bitcoin because you're holding it and not thinking about selling, you can keep holding Bitcoin until we have another halving and a new highest price to reach. Bitcoin isn't a cryptocurrency to have doubts in, every four years Bitcoin will always give those people investing in it profits because of the halving. I don't believe someone will knowingly buy Bitcoin at the all time high price but if it ever happens to you, don't panic but keep buying more Bitcoin and have a strategy that you'll use to own more Bitcoin while you wait for the bull market.

That's the thing about holding, I have talked about it before, when you are holding you are essentially doing nothing. People talk about holding like it is some big secret thing that only the smart can do, but in its essence we are talking about literally doing nothing, you buy and you do nothing, selling is the thing that makes you do something, which is literally going to an exchange and sell, but when we are talking about holding, you just go on about your day as if you do not have any bitcoins.

This is why it is quite important to remember that holding is easy and gives you profits, that should be something that could be done in a way that would make it worthy for you to make some money, should not be a big deal at a ll.

[Republikcoin.com]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

Bitcoin buyers from the previous ATH to the current ATH have clearly made quite a profit, because they are waiting for the next ATH every four years. Everyone can also continue to buy Bitcoin, especially when they see the price decline that occurred after the previous halving (2021). So in terms of the level of profit, it is certain to double and is also very extraordinary, although this may not be able to be done by everyone because remember that you have to have patience and high trust in Bitcoin within that deadline.

[aylabadia05]

If you buy Bitcoin at the previous highest price in the last bull market, you can sell the Bitcoin and wait for the price to drop before buying again but if you have other sources of income that you can go on with your life without thinking about the money that's locked in Bitcoin because you're holding it and not thinking about selling, you can keep holding Bitcoin until we have another halving and a new highest price to reach.

Do you believe people can do it? I doubt that even if they have other income that could help them meet other needs. This is because not everyone knows the benefits of saving money in Bitcoin.
We might be able to do this if we have other income that doesn't interfere with our savings and can cover our basic needs because we know that saving money in Bitcoin can make our hopes come true.

Saving consistently without paying attention to the purchase price can only be done by people who have other income and know the value of Bitcoin.
Why, not everyone who has multiple sources of income knows the value of saving in Bitcoin. That's only select people.

[erep]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

Bitcoin buyers from the previous ATH to the current ATH have clearly made quite a profit, because they are waiting for the next ATH every four years. Everyone can also continue to buy Bitcoin, especially when they see the price decline that occurred after the previous halving (2021). So in terms of the level of profit, it is certain to double and is also very extraordinary, although this may not be able to be done by everyone because remember that you have to have patience and high trust in Bitcoin within that deadline.

We have a list of historical ATH prices throughout the year and if someone buys at the last ATH price of $69k then they also have a profit even if they are lucky they bought at a lower price 2 years ago, all ATH prices have been broken after the halving so there is actually no doubt buy bitcoin for the long term, we have seen the history of bitcoin which is very convincing even though we have to be patient and wait for the right moment to get maximum profits

[DanWalker]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

Bitcoin buyers from the previous ATH to the current ATH have clearly made quite a profit, because they are waiting for the next ATH every four years. Everyone can also continue to buy Bitcoin, especially when they see the price decline that occurred after the previous halving (2021). So in terms of the level of profit, it is certain to double and is also very extraordinary, although this may not be able to be done by everyone because remember that you have to have patience and high trust in Bitcoin within that deadline.

Which ATH are you talking about, ATH 2021 or ATH 2013? If you bought bitcoin at $69k which was the 2021 ATH and now bitcoin is trading at $69k after 3 years, how do you make a decent profit? If you think buying bitcoin at ATH can still make a decent profit, do you have the guts to buy bitcoin at 200k USD if that is the ATH of this bull season? Let's be realistic and honest with each other, buying bitcoin at ATH was a bad decision and it happened because you were Fomo, without any knowledge about the market.

[milewilda]

IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.

Bitcoin buyers from the previous ATH to the current ATH have clearly made quite a profit, because they are waiting for the next ATH every four years. Everyone can also continue to buy Bitcoin, especially when they see the price decline that occurred after the previous halving (2021). So in terms of the level of profit, it is certain to double and is also very extraordinary, although this may not be able to be done by everyone because remember that you have to have patience and high trust in Bitcoin within that deadline.

We have a list of historical ATH prices throughout the year and if someone buys at the last ATH price of $69k then they also have a profit even if they are lucky they bought at a lower price 2 years ago, all ATH prices have been broken after the halving so there is actually no doubt buy bitcoin for the long term, we have seen the history of bitcoin which is very convincing even though we have to be patient and wait for the right moment to get maximum profits

If you are that someone whose that able to buy Bitcoin onto that peak price and you are somewhat knowing or aware on how this market works or simply having that kind of experience then it would really be that so dumb that you would really be having that kind of action that you would really be having that cutting loses but rather you would really be having that DCA method. If you do have that high entry but you have been able to buy
at the bottom then entry point would really be that lesser. You wont really be thinking anymore that you have bought on the peak on which this is really just that a normal approach to have.
When it comes to profit then you would definitely be having one on the time that the market would really be having that recovery.

It all matters on how wise you would really be on the time that you would really be making out those kind of decisions. Profitable traders are the ones who do really know
on what they would gonna do on times like these. There are ones who are really that skeptical on making such move when the market is dumping on which this is really that very normal.

[STT]

The current high prices registering on a closing basis are dragging us away from the prior ATH.  The highs declining are all in line with a moving average which is a rough weekly average for BTC, any time we remain trading below that particular measure I assume BTC is actively negative in its trend at least short term I find that to be true.

I did think upto a month ago that the 50 day average would eventually come into play and we've been juggling these same prices in a circle for so long now over 30 days that now that 50 day MA is on the lows.    So moving average cant be resistance, its just an indicator so nothing strongly retaining us exactly but untill we make new prices & do something different I assume the circle carries on.

 Rapid movement can still be zero velocity on an wider time frame, I'm sure some rely on that but its irritating to observe and draw much conclusion from.

[LogitechMouse]

Re: If you had bought the previous ATH you're on profit

I still remember the very first gaming coin that I bought in 2018. I bought it when the market is about to go down really hard, and at that time, I was a newbie in crypto, and have little knowledge so mistakes often happen. What coin is that? Enjin Coin.

I bought that coin when the market is almost at it's peak still back in 2018, and obviously the market went down at that year and so does my investment. At that time, I don't want to sell my ENJ at a loss that's why I decided to hold my coins on Binance which is my another mistake. Well, I held that coin for 3 years and when the year 2021 comes and I'm already at profit on my ENJ coins, I immediately sold all of it. I think I got around 30% profit at that time which is obviously not worth it. 10% profit per year? It wasn't worth it for me.

Anyway, I agree with the subject title that if you bought on the previous ATH, you will be on profit. The key here is "patience". If you're patient enough to hold your Bitcoins if you accidentally bought it at it's peak, you will still end up getting profits though it will take years before it happens. Most like me have the patience to wait, but some are just making stop-losses which is a better strategy, and just buy it again during the bear market.

[Zanab247]

that is what we all experienced when times that ATH is being broken with the new
one but sadly neither of the 2 ATH of my time here gives me this profit because of my
wrong decisioning , this is why this time will be different as I made sure to have my
funds intact at least till next  year when bull market happens.

People have learned their lesson, never to regret to buy BTC in high price because the higher price can turn to low price in the future when another bull hit market which you can view it from this current bull run.

There are some people that bought their BTC at $50k last year and hodl till this year to make a big profit, and many people that bought at $18k or $20k feel bad about those people that bought at $50k in high price but the people that bought at $50k made plenty profits than those that bought at $18k or $20k because those that bought at $18k sell their BTC early but those that bought $50k wait for the price to hit $70k before they released their BTC.

This bull run make people to be wise to always save some fund, they will use to buy BTC when the bear season occur and this bear season can happen this year, and it will be difficult for the price of BTC to return back to $18k or $20k in the bear market because it look like you are waiting for the price to reach $20k before you can buy.

[FanEagle]

Reaching a new high always makes the public happy and scared at the same time. I am not saying that its going to be all that confusing, it is going to be something that will take a bit of time, and should be a little bit worried in the end, I believe that it is going to be something that will take a while. I personally believe that the best thing to do in this case would be just focusing on how you could make money from the fall, because this isn't a permeant fall, we all know that it will recover.

This is why the best thing to do would be finding a way to make a big investment right now, so that when it recovers and goes back up, you will be in profit. Fearing how high it could go, ends up causing people to sell earlier than they should.