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

[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.