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

[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.