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

[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.