You have a better chance with Bitcoin now than the next minute!

[Wiwo]

I really like speculation like this because it based on price history and not with other bullshit out of the world predictions. This kind of speculation on price is very to easy to grasp due to a clear pattern on the price growth.

The new ATH before halving hasn't happened before in bitcoin so I don't see how this could be a good prediction that's based on the market history when bitcoin already made history with this new one, you're right about the factor about the ETF which means that OP's prediction for the last price for this year wouldn't be a possibility since the volume is much higher than the last time because of ETF, there's more investors now although they're not directly investing in bitcoin, they're still affecting the price.

Despite taking note of the impact of the bitcoin ETF approval as major propeller of the recent all time price achievement for the bitcoin market, we still need to take note and correct some wrong assumptions that you mentioned in the comment above where you say that bitcoin have never achieved an all time high price before halven before.

That is wrong I think in 2020-2021 there about,  a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.

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[JiiBs]

That is wrong I think in 2020-2021 there about,  a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.

Oh wow!
That’s surprising!!

I might be new to this and having to experience this for the first time with the data I could find, it’s easy to make that assumption of a first time Bitcoin is having its ATH broken before the halving.

Any available data to support? And why isn’t/wasn’t it as loud as it is now to have probably come by some level of awareness. Like I didn’t know that. Some data would be cool.

[Zanab247]

I mean since everyone will eventually sell and convert Bitcoin into dollars or local currency what's the difference? If you end up winning in the value of the dollar or in the value of your local currency, what does it matter whether you hold a larger or smaller amount of Bitcoin? The important thing is that you emerge victorious in the end.

Hodlers use bull season to market their BTC to convert  to their traditional currency, so that they will have a better chance to buy BTC when the bear season occur to buy without considering the value of their traditional currency either higher or low because that one will not stop them not to hodl BTC.

The chance is always there in the bear market, which is currently on in the market because some experts has come up with their research that the price of BTC will not go below $50k in the bear season before the bull season will come to happen again.

If you have the money, you can start storing your BTC right now because the next bull run will head to $100k which is the target of majority of hodlers are waiting to see to accumulate  profits, and to establish other businesses that will be always giving them money to invest in BTC.

[justdimin]

That is wrong I think in 2020-2021 there about,  a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.

In May 2020, we had third halving, by that time bitcoin was trading around $7000 whereas then ATH was around $19300 happened in December 2017. Usually around the times of all previous halving, bitcoin traded lesser to the half price of then ATH but this time alone traded higher than half of ATH. Yeah, this time we had bitcoin trading nearer to 90% of ATH which is unusual. When demand increases rapidly, these type of untimed-new-high are obvious for any commodity.

If the plan could be holding as it’s mainly advocated and most of the precedents to this time continues to do, gains are not far behind. Thought it might dump, it would rise as it’s evident in its history and what better time to not wait but buy before the halving.

But after halving, we had witnessed strong FOMO. Per all previous halving, by the end of halving year, bitcoin managed to trade around its ATH and then will have 10 to 12 months of bullish market to set a new ATH for the new halving cycle. This ATH will remain unbroken until the end of next halving year.

For third halving, we had new high of $68k in 2021 and then $73k in 2024. New halving cycle started from yesterday (20th April 2024) and we will have this cycle's ATH in 2025 or even on every year of this cycle if we have strong demand for bitcoins, who knows?

[Nrcewker]

Don’t force too much stress on your brain. It’s just simple as that. Bitcoins are for long term investment. Hence you need to have great patience level in order to make profits from the Bitcoins. You need to make yourself clear that no matter what happens, you need to regularly accumulate the Bitcoins irrespective of its price. Bitcoins are very rare as they are fixed in numbers. Hence just buy and hold it for good amount of time. Definitely you will see 3x the profit while selling after holding for a long term.

[wxa7115]

Don’t force too much stress on your brain. It’s just simple as that. Bitcoins are for long term investment. Hence you need to have great patience level in order to make profits from the Bitcoins. You need to make yourself clear that no matter what happens, you need to regularly accumulate the Bitcoins irrespective of its price. Bitcoins are very rare as they are fixed in numbers. Hence just buy and hold it for good amount of time. Definitely you will see 3x the profit while selling after holding for a long term.

Sometimes it is important to let those that are still on the fence about bitcoin know that waiting can be incredibly costly too, and even if they have not lost any money by not investing in bitcoin yet, they have lost a great deal of profits as well.

It is because of this that long term holders recommend people to use the DCA strategy, as if you train yourself to buy bitcoin regularly without caring about its current price, then you will make profits you could not have made if you were just waiting for the price to dip, as the dip may never come or you may not buy bitcoin at the time because you let the fear permeating the market affect your decision to get some bitcoin.

[Kelward]

This is why the demand for Bitcoin continues to increase because people knows that it's a store of value and it's history has proven that it's price will continue to increase and reaching new ATH. Although the best time to accumulate more is during bear run, however even if an investor is buying in bull run, so far there's assurance of a new ATH, then they can still go ahead and buy. We need to hodle Bitcoin on a long term to be able to enjoy ROI, especially for investors that buys when price is high at any perticular time.

[btc_angela]

That is wrong I think in 2020-2021 there about,  a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.

Oh wow!
That’s surprising!!

I might be new to this and having to experience this for the first time with the data I could find, it’s easy to make that assumption of a first time Bitcoin is having its ATH broken before the halving.

Any available data to support? And why isn’t/wasn’t it as loud as it is now to have probably come by some level of awareness. Like I didn’t know that. Some data would be cool.

I can't recall though if we have a similar market rally pre-halving in 2020. But one thing is for sure, we have the pandemic by March and then the halving by May. so the pandemic could have affected the run through the halving and we could have the same market scenario.

In any case, as the saying goes, "the best time to buy bitcoin is today and the second best time is tomorrow".

So meaning we should really take advantage of the time and or the money that we have, to buy and then simply hold and we can compare our investment in least say a year and how much we profited.

[Gozie51]

Buying bitcoin gradually is a good strategy to accumulate. For instance with the halving, speculation could be it is going to push price up to continue bull or it may drop for sometime before heading up. So the best strategy for now is to DCA from time to time depending on how much btc you want to buy until it gets to the range that you are okay with and moreover having a definite time to sell is important but we need to be patient with the halving because it will eventually give ROI to hodlers.

[Marvelockg]

Starting today 20th March: $63,000 = 1BTC
At a later time when price is up $73,000 = 1BTC
A difference of $10,000 = 0.16BTC as more value at a later time. That is also what you stand to loss by not taking chances with the price at the moment.

that's one reason why the DCA methord will always be preferred to attempting to time the market for perfect buying opportunity. If you don't buy today, there isn't any certainty that you're going to buy at a cheaper price in the coming days and even if you're able to get lucky to witness a slight dip, if the amount you're able to use in buying at that price isn't much, it wouldn't make any big difference prio to buying at an higher amount. For the one month since Bitcoin hit it recent ATH, the price have revolved around $60k to $70k and for individuals that aren't financially strong enough to have bought it in large quantity when it went dip at some point and probably bought like $100 to $500 worth of Bitcoin within the range of $60k or $70k wouldn't even be in any big difference in profit margin.

A difference of $10k wouldn't even be noticed if you you're DCAing with a small amount per time and it's just part of the process that at some point you might buy at a higher amount and then at some other point you will still buy at  the bearish season but if you're able to consistently buy for a while circle during which the ATH is probably $100k and you're able to HODL till it gets to $120k, because you've been able to stack up a good amount of Bitcoin, the difference of $20k will make a lot of difference in determining how profitable your investment will look like.

[JiiBs]

Starting today 20th March: $63,000 = 1BTC
At a later time when price is up $73,000 = 1BTC
A difference of $10,000 = 0.16BTC as more value at a later time. That is also what you stand to loss by not taking chances with the price at the moment.

that's one reason why the DCA methord will always be preferred to attempting to time the market for perfect buying opportunity. If you don't buy today, there isn't any certainty that you're going to buy at a cheaper price in the coming days and even if you're able to get lucky to witness a slight dip, if the amount you're able to use in buying at that price isn't much, it wouldn't make any big difference prio to buying at an higher amount.

While I might not be a fan of having to wait for the market to dip before investing in Bitcoin, I would say there doesn’t have to be an extensive or much difference for someone to count it as a win. If someone could actually wait on a dip and take a buy, it ain’t exactly a bad idea although, you just should make the most of this by investing huge in that time. Hence, it could pay off for those that could actually be saving up for this time but, as a beginner, you barely have any idea on how to predict the market neither do you have much influence on your emotions to patronize this presented opportunities as they often aren’t clearly publicized.

For this reason, the DCA always happens to cut across all imperfect predictions to the market, procrastinations and ensures your building a portfolio and that’s what matters in the end. The reason why it’s way so popular and something every beginner should do/try.

[GeorgeJohn]

If you look back at the beginning of Bitcoin, you can definitely see that the price of Bitcoin was very low. And from there it has risen to $73K at present. So think about how much Bitcoin price has changed to touch the all-time high at the moment. At present the coin is so expensive that every investor has invested their money here.

the price of bitcoin can never be constant or continued to accelerate, the price of bitcoin is something that deals with endurance and also have to do with endorsement, so that is why nobody knows the real problem of bitcoin, and how the price get skyrocket, but people will think that if bitcoin price starts to increase it will continue to increase but I don't think that it happens in such way in cryptocurrency price increment.

[Webetcoins]

Don’t force too much stress on your brain. It’s just simple as that. Bitcoins are for long term investment. Hence you need to have great patience level in order to make profits from the Bitcoins. You need to make yourself clear that no matter what happens, you need to regularly accumulate the Bitcoins irrespective of its price. Bitcoins are very rare as they are fixed in numbers. Hence just buy and hold it for good amount of time. Definitely you will see 3x the profit while selling after holding for a long term.

There is absolutely no doubt that bitcoin is a long-term investment project and bitcoins are limited in the market, so those who are investing will definitely benefit from going forward, but here I would like to include this. People who have less capital should not invest in it if they cannot hold their money for a long time then they should not invest in Bitcoin but those who have extra money left can invest in Bitcoin and they can make double triple or even more profit.

Many new people who join this form when they read our postings and comments, feel that bitcoin is a magic wand that will make us rich overnight. I think it is important to mention that bitcoin is not something that can make you rich overnight. Money that you do not need for your daily life and you should also be sure that you will not need the money you are investing in Bitcoin in the coming months or years.

[Frankolala]

If you look back at the beginning of Bitcoin, you can definitely see that the price of Bitcoin was very low. And from there it has risen to $73K at present. So think about how much Bitcoin price has changed to touch the all-time high at the moment. At present the coin is so expensive that every investor has invested their money here.

the price of bitcoin can never be constant or continued to accelerate, the price of bitcoin is something that deals with endurance and also have to do with endorsement, so that is why nobody knows the real problem of bitcoin, and how the price get skyrocket, but people will think that if bitcoin price starts to increase it will continue to increase but I don't think that it happens in such way in cryptocurrency price increment.

Yea of course, bitcoin price cannot just keep moving up, because of its volatile nature, and this is where some new investors get it wrong, by thinking that bitcoin price is bound to keep moving up without correction or dips. The way bitcoin is designed there is a bear market and a bull market, this alone should teach a lot of people that the price of bitcoin is to move up and down.

However, demand and supply have a great impact on bitcoin price based on economics. This is what a lot of bitcoin enthusiasts have discovered and that is why it is advice to invest in a long term, so that no matter how the price movement of bitcoin goes, you will always benefit for being patient and hodling for longer because the price of bitcoin increases with time-line.

[Gaza13]

If you look back at the beginning of Bitcoin, you can definitely see that the price of Bitcoin was very low. And from there it has risen to $73K at present. So think about how much Bitcoin price has changed to touch the all-time high at the moment. At present the coin is so expensive that every investor has invested their money here.

Not only history proves it but I think the whole world has heard what Bitcoin is. Indeed, this price is quite expensive for some people, but not for me, what you said earlier, by looking at Bitcoin's initial track record, of course we all automatically think that the price in the next 10 years will be much more expensive than now. This asset is very rare and much contested in the world. This is the importance of the dca technique that we use, to fill our pockets with bitcoin, apart from that we also need extra patience to take the desired profit.

[dezoel]

Reaching to a point where we are looking into crypto as something we could profit from, that means that we have to do our very best to get it as quickly as possible and that's a right approach.

I get that it may look or feel like maybe we are going to see a drop, and at times we do see a drop, but getting involved is a lot more important. Most people miss that and not really realize what they are doing, they just stay away for a very long time, they just wait and wait and wait and wait, then of course they miss and regret it later on. I rather get in, see the price drop, and wait some more until it goes up, then end up not getting it and see it go up. Because one has a recovery, you just wait, but the other doesn't have a recovery.

[wxa7115]

Not only history proves it but I think the whole world has heard what Bitcoin is. Indeed, this price is quite expensive for some people, but not for me, what you said earlier, by looking at Bitcoin's initial track record, of course we all automatically think that the price in the next 10 years will be much more expensive than now. This asset is very rare and much contested in the world. This is the importance of the dca technique that we use, to fill our pockets with bitcoin, apart from that we also need extra patience to take the desired profit.

The sad thing about this is that people have heard about bitcoin, they know it has given great profits, they also know that bitcoin will most likely give great profits to anyone willing to hold their coins for such a long period of time, and yet they will refuse to invest in bitcoin.

Simply put, despite having the same knowledge that we have, they are not willing to take the risk, and once those 10 years were to pass and our predictions became true, they will lament not investing in bitcoin when they had the chance, but if you were to ask them if they will invest in bitcoin on the near future, they will still refuse to do it, with the excuse that it is too expensive.

[Gozie51]

Not only history proves it but I think the whole world has heard what Bitcoin is. Indeed, this price is quite expensive for some people, but not for me, what you said earlier, by looking at Bitcoin's initial track record, of course we all automatically think that the price in the next 10 years will be much more expensive than now. This asset is very rare and much contested in the world. This is the importance of the dca technique that we use, to fill our pockets with bitcoin, apart from that we also need extra patience to take the desired profit.

The sad thing about this is that people have heard about bitcoin, they know it has given great profits, they also know that bitcoin will most likely give great profits to anyone willing to hold their coins for such a long period of time, and yet they will refuse to invest in bitcoin.

Simply put, despite having the same knowledge that we have, they are not willing to take the risk, and once those 10 years were to pass and our predictions became true, they will lament not investing in bitcoin when they had the chance, but if you were to ask them if they will invest in bitcoin on the near future, they will still refuse to do it, with the excuse that it is too expensive.

It is normal to see people who like to stand on the fence, they don't want to be involved but only to criticize on what people are doing. Regards to bitcoin, well quite a whole lot of people have embraced it especially the youth because they are more of the internet than the old and moreover, bitcoin has now been here for a while so people have seen investors who have really cashed out big both in btc and from altcoins. This is another season for the faithfuls and the bull season is still preparing to come but weak hands will eventually run away to stay at outside but later regret not investing. Surely it is a time to hodl more coins.

[GreatArkansas]

(.....)
If the plan could be holding as it’s mainly advocated and most of the precedents to this time continues to do, gains are not far behind. Thought it might dump, it would rise as it’s evident in its history and what better time to not wait but buy before the halving.

Buying to hold today is not having get less volume for more $value but rather, more volume for less $value.

To make it short, holding long-term in Bitcoin is the very best decision, it is already proven by time and by the majority.
So people who are excited to make money by just investing Bitcoin, Bitcoin is not for them especially if they are too greedy.

[Hypnosis00]

That is how it shows that holding is not regretful but a good way of making money long-term especially if you are a busy person. This investment is risky but still worth it believing that as the years passed by, the price went high also. If we can take a chance now to buy, we are not just losing opportunity but we are taking something that can possibly change our life in the future. Some people have lost their money from investing in Bitcoin but many are also become rich. I believe we can be one of those people who become rich if we can just manage our investments. The good thing about this kind of investment doesn't need to be knowledgeable, even knowing the basics is enough because what it needs is patience and trust.