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Author Topic: After the dip in crypto, when are we expecting ath?  (Read 428 times)
Nangiconference (OP)
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April 26, 2024, 06:04:49 PM
 #1

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
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April 26, 2024, 07:17:51 PM
 #2

Be patient. You are holding for the long term and not for the halving. Is that so? If you are so concerned about your coins then you need to stop checking the prices. Checking the price every other hour will induce anxiety and doubt. About the halving and its impact on Bitcoin price, it is too early to draw conclusions. For instance when runes drove the transaction fee of Bitcoin very high but now the fees have dropped. If you are not okay with the reply, search the forum for similar threads to read their replies.

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April 26, 2024, 07:26:04 PM
 #3

How few days or weeks ago did you buy some coins? (Assuming Bitcoin because you speak of the halving event.)

Did you invest only money that you can afford to loose or that you don't need back very soon?

Nobody can see into the future, we're all on the same page by that.

You were told... aha. When you're fully aware of the volatility, then why the weak hands? If price drops further, consider it as an opportunity to buy some more (again, dyor, no financial advise, don't over-invest!). I believe that last ATH wasn't the last and that we'll see higher rates. Only I can't tell you when.

Keep calm and hodl.  Grin

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April 26, 2024, 07:30:44 PM
Last edit: April 28, 2024, 06:29:44 PM by Saint-loup
 #4

When did you buy your Bitcoins? At the ATH? It's a golden rule in trading, you should never buy an asset at his ATH, if you are not ready to lose your investment. Because chances to drop down are at the highest level. Actually best traders and smart money are doing the opposite, they try to buy interesting stocks/assets at their lowest price(aka bottom) and then to sell them at the highest price(aka top).

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April 26, 2024, 07:31:43 PM
 #5

I wouldnt really say that Bitcoin has been on "a continuous decline". It depends on when you bought in, but the current price probably is not too far off what you paid.  Volatility is definitely part of the game, and this year can be a great time to invest, especially with the recent halving.  But you should remember that "great time" does not mean guaranteed instant profits.  Those ups and downs you mentioned can be scary for a newbie investor, but you said yourself that you were patient and did not panic. No need to start now.

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I do not know how soon they will begin to rise again.

Nobody knows that for sure. Focus on the long game.

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April 26, 2024, 07:39:54 PM
 #6

I think you are looking for a chance to earn profit by buying coins since it is almost halving as you have said which I think it wasn't that long ago when you bought bitcoin since you mentioned halving which happened this month. It seems you still lack some information about bitcoin or even halving because it isn't 100% accurate or true that when halving happens is that the price of bitcoin will increase or even reach new ATH but that isn't what happened this time of halving although before the halving happened is that the price increased a lot and even reached new ATH as you might have heard. As you can read the post above, nobody can guess when the price increase or see the future. Anyway, it's up to you if you want short term or long term.

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April 26, 2024, 07:40:58 PM
 #7

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
what coin did you buy? By the way, what are your expectations for your investment in crypto! you have to understand that the crypto market is very volatile, especially bitcoin, the price changes very quickly

I recommend you use the DCA bitcoin buying method, you buy with the same money every month and consistently for 3 to 5 years then you can see that the coins you buy are actually profitable in the long term

You have to be able to invest wisely, if you are still a beginner then don't look at your portfolio too often, it can disturb your mentality to sell at a loss

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April 26, 2024, 07:42:11 PM
 #8

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
You know about the volatility of cryptocurrency before investing, so why do you have to ask how long it’s going to take before they start rising back? If you really know about cryptocurrency, then you should know that nobody knows when a particular coin is going to pump or dump, so nobody can tell you how soon it’s going to take before the market is going to bounce back. Since you are already at a loss,  it’s just better you just keep on holding till the market bounces back.
 
I hope the money you invested in your coins is an amount you won’t be using for now, and I hope it’s an amount you can afford to lose, because from your post, I think you invested in altcoins, which we know are high risk investments compared to investing in bitcoin.

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April 26, 2024, 08:28:56 PM
 #9

I cannot give you a fixed date or month when will bitcoin skyrocket and achieve its new all time high, no one will be able to know that. That’s how uncertain and unpredictable bitcoin is. But one thing I’m sure that it will not stay on its low price forever, but has definitely its own time that it’s price will surge high again and create a consistent price increase by then. Be patient and just focus to your goal, that’s the only way you’ll avoid panicking and make wrong decision making that may lead to a huge loss and regret in the end.

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April 26, 2024, 09:04:48 PM
 #10

What a newbie should note is that, bitcoin for a beginner should be taken as a long term investment and if that becomes the xase, I don't see any other reason why we should be anticipate all time high each time we have a dip market, slthia halving witnessed a massive market sell off and investors took advantage of that opportunity to buy bitcoin at a discounted price, so if I when any  I will definitely take advantage of such offer to buy more bitcoin at a cheaper price and waiting for the right time to sell off and cash out on the profits.

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April 26, 2024, 09:47:37 PM
 #11

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
After the Bitcoin halving and Bitcoin ETF has passed, we cannot be sure when Bitcoin will rally again, we need big news to pump up Bitcoin prices again.  as long as you don't sell the coins you bought at a loss, then don't worry, you don't lose anything, currently, the Bitcoin halving has passed, we have entered a saturated market and i predict it will take quite a long time to return to the bull market so that's what you need to do now is be patient and keep accumulating your portfolio consistently every month.


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April 26, 2024, 09:53:54 PM
 #12

It depends on which coin you buy, if you buy the top coin then there is nothing to worry about, it will rise over time when the market has improved.
Now that we are still in a bull market, just have to wait for the next bullish.

Most importantly, when you decide to buy some coins, whether you have already implemented fund management for the purchase.
If you make a purchase with a few percent of your money and still have reserves, then that will be good news because you can buy again gradually as the decline continues.

It is important to know how to carry out fund management and risk management.
Now if the price keeps falling, and you hold the top coins like Bitcoin or ETH, then you just need to be patient and there is no need to panic.

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EL MOHA
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April 26, 2024, 09:55:38 PM
 #13

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

The narrative you got about this year been the best year to invest might be quite misleading, yes the halving happened this year and before and immediately after it there is a dump and it’s one of the best time to buy. Then after the halving the narrative that bitcoin and cryptocurrency market at large increases is not that wrong but the reality is there is no specific time as to know when the bull run will come. So any one saying this year is not entirely correct because we might still be under consolidation or say correction.

So as you have been patient coming all the way, my advice would is to continue and hold your coins and take profits when they come, for now nobody is certain on the bull run, all the prices are just speculations base on past history

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April 26, 2024, 10:07:21 PM
 #14

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

The best time to invest in Bitcoin is during the bear market, and back in 2022 through the early months of 2023, the Bitcoin price was around $20k to $30k+, and if you had invested in Bitcoin back then, you would have accumulated a lot of profit by now due to how Bitcoin has gone from $20k to $70k between last month and this month. 

If you are also referring to altcoins, yes, some token normally uses the influence of the Bitcoin halving to pump, and by next year, it's expected that Bitcoin will reach its peak price of about $90k to $100k+, and by then some altcoins are going to pump. Just pray that the altcoins you are holding are among the ones to get pumped. Altcoins projects use a pump and dump mechanism, and if you are not lucky enough, you may lose your investment.

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April 26, 2024, 10:20:52 PM
 #15

What coins did you buy? I hope you can clarify for us because most of the comments assume that you bought Bitcoin but I don’t think that’s the case. IMO, you probably bought some altcoins, did you do your research before buying these coins? A lot of these coins are pump and dump coins, I wouldn’t recommend hodling them for long term. Unless you’re a crypto trader, you should stay away from altcoins.

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April 26, 2024, 10:27:08 PM
 #16

We can't predict the exact time when we will see BTC achieve an all-time high. The market these days is just moving in an unpredictable direction, but one thing that I know is certain is that we might likely see Bitcoin break up to $80,000 before the end of the month of May, which we are approaching.
 
But most times, it's just better to accept the high expectations of our minds and focus on other things. It's the crypto market, after all. We all signed up for the up-and-down movement we are seeing today. It's never said to be all-sided growth with a fall in the market.

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April 26, 2024, 10:46:03 PM
 #17

Just like every users had said, the only option is to continue holding your assets. This you said Crytpocurrency now I am no longer sure it is exactly Bitcoin you bought, nevertheless if you did your research very well before investing then there is no need to panic wether the price keeps decreasing for a while just be rest assured that the market both Bitcoin and most Altcoin will certainly begin to hit new price mark. If your investment is on Bitcoin I would advice you to keep on purchasing, now is not confidently the best but as well not the wrong time to buy, we still have a long bull run ahead.

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April 26, 2024, 10:46:53 PM
 #18

I do not know how soon they will begin to rise again.

Don't worry the Bitcoin price will rise again when the demand exceeds the supply.  According to the Bitcoin history, it takes some months after the halving for the market to pick up and start to uptrend.  The Bull run lasted for some months until it recorded ATH and started to transition to the bear market.

Many expect that Bitcoin's new ATH for this cycle will be recorded in 2025, where the price of Bitcoin is expected to exceed $200k.

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April 26, 2024, 11:11:09 PM
 #19

...was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. ..

The best time to invest is when the market is at the bottom. This means that you had to buy cryptocurrency at the end of 2022 in order to fix your profit in parts now. It was at that time that Bitcoin reached its minimum price in this cycle and, accordingly, at the same time, altcoins also had a minimum price. But you did not buy then, and now, when the price of many coins has increased several times, you have decided to buy them.

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April 26, 2024, 11:35:17 PM
 #20

I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
What coins did you buy, you did not mention the coins you bought, neither did you say you bought bitcoins. So i am guessing you bought some altcoins, and because altcoins have no actual utility, you'd be luckly to get any sort of ROI on them. That being said, if Bitcoin is part of your portfolio, then you have to be patient, if you were told it's a get rich quick scheme, then you have been lied to, hodl your coins and if possible buy more when there is a dip in price.

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April 26, 2024, 11:52:49 PM
 #21

AFAIK, the All time high of Bitcoin can be expected after the Bitcoin halving and as you can see, Bitcoin halving just happened  some days ago. Keep holding your coin and when the bull Run will start, you shall be in profit again. Do not loss interest because your portfolio is not getting any profit now. The bull market will get serious next year.

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April 27, 2024, 05:29:21 AM
 #22

Do you want to hear the exact date or the exact period? Haven't you heard that no one can predict this? This is why beginners are always warned not to invest in Bitcoin if this money represents a vital amount for them. You have to be patient, and I think your investment is not big if you are so worried and watching the quantity, but you have to understand that if it grows, you will not get much profit. So if you want something tangible, invest using DCA without regularly watching prices.

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April 27, 2024, 09:44:01 AM
 #23

AFAIK, the All time high of Bitcoin can be expected after the Bitcoin halving and as you can see, Bitcoin halving just happened  some days ago.
The thing here is that OP never explicitly said they bought Bitcoin, look what OP said:
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I had interest and decided to buy some coins.
So it is possible OP never bought Bitcoin and in my last post i asked OP what coins they bought, but no reply yet. Some people hear about Bitcoin and its halving and start buying so many altcoins, i am guessing that is what OP did here and they would have to be extremely lucky to get ROI, depending on the altcoins they bought.

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April 27, 2024, 11:51:58 AM
 #24

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

Cryptocurrency is volatile in nature and sometimes your asset may experience some downward or upward movement. However, if you bought shitcoins or memecoins, I cannot guarantee you that your investment will bounce back. They're worthless tokens that dies after a major pump. If you invested in Bitcoin or any other good altcoins like ETH, BNB etc, then you should hodl and be patient. After Bitcoin halving the market will eventually turn bullish and you can sell your coin and take profit.

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April 27, 2024, 12:09:50 PM
 #25

AFAIK, the All time high of Bitcoin can be expected after the Bitcoin halving and as you can see, Bitcoin halving just happened  some days ago. Keep holding your coin and when the bull Run will start, you shall be in profit again. Do not loss interest because your portfolio is not getting any profit now. The bull market will get serious next year.
We should not be surprised that a new all time high might not be achieved at this time because there are people that are already trading short for the price of Bitcoin to keep going bearish and we should not be ignorant. The might is not going to reach the all time high at this time that is why we need to be prepared to buy more rather than trying to sell. Buy the time the price of Bitcoin starts going bullish, many people would be left unaware. This coming movement could be a very huge movement that could earn us some good profits in the market. We need to get ready and huge momentum.

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April 27, 2024, 12:11:54 PM
 #26

At what price did you buy your coins, by the way? I assume you bought your coins within the $60,000- $70,000 range. Despite the correction, we're still within that range until now. There's no reason to fear about the movement. Other than the fact that this is all temporary, we haven't really fallen far from the ATH. What are you afraid of really?

Anyway, this is a common emotion among new investors. It's either you will get over this or you will give in to fear and convert. My advice is that you forget about your investment for now. Bitcoin is best for long term. You hodl and you will be rewarded. Just make sure you're keeping your coins in a safe wallet.

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April 27, 2024, 12:37:29 PM
 #27

If you have an actual plan with your holdings you don't need to watch the market every day seems like you are in a long term so after this suffering of the current market state every halving the price of the coins are going to the moon, but for now, you need to patiently wait, there's no one-day instant millionaire once you invested. Golden hands wins the game or make a cut loss.

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April 27, 2024, 01:01:24 PM
 #28

I do not know how soon they will begin to rise again.
You have to chill brother. Everyone doesn't have an idea when the market will rise to its ATH mostly for Bitcoin. If you have endured all of the drops and pains for the past weeks and months or how long you have been to be exact. They're going to be worth it, believe me. The halving is done and all you have to do is sit and relax and your patience will be dependent on how long you can wait on this market. Since you're already there, why not just be patient for what's about to come. Study about the historical data about the past halvings and what have happened next after those.

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April 27, 2024, 11:57:17 PM
 #29

Do you want to hear the exact date or the exact period? Haven't you heard that no one can predict this? This is why beginners are always warned not to invest in Bitcoin if this money represents a vital amount for them. You have to be patient, and I think your investment is not big if you are so worried and watching the quantity, but you have to understand that if it grows, you will not get much profit. So if you want something tangible, invest using DCA without regularly watching prices.
No one holds the future events for bitcoin, and no one can predict correctly what will be its future price. So it’s obvious that no one can answer your question. But one thing is certain, if you are seeing bitcoin price dips, expect that the next thing you will see is bitcoin price goes skyrocket. This is why research is crucial before investing so you won’t be guessing in the whole process of investing. Just hold your bitcoin, and never get worried with price correction as they won’t be always going to happen.

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April 28, 2024, 02:11:05 AM
 #30

Majority of altcoins will not have "bull runs" so their "ATH" is not predictable. What happens to them is pump and dump which is by definition a market manipulation technique which is what makes it unpredictable. It is also the reason why it is never recommended to "invest" in an altcoin.

In fact this is a very common beginners mistake, they look at Bitcoin and think "cryptocurrencies" are all like bitcoin so they start buying them like they should buy bitcoin hoping for similar performance. The only result that can have is loss.

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April 28, 2024, 02:24:49 AM
 #31

Majority of altcoins will not have "bull runs" so their "ATH" is not predictable. What happens to them is pump and dump which is by definition a market manipulation technique which is what makes it unpredictable. It is also the reason why it is never recommended to "invest" in an altcoin.

In fact this is a very common beginners mistake, they look at Bitcoin and think "cryptocurrencies" are all like bitcoin so they start buying them like they should buy bitcoin hoping for similar performance. The only result that can have is loss.
People invested money into altcoins need to feel happy if their altcoins have yet died because through about 2 years of bear market, many altcoins are dead.

Dead Coins: Over 50% of Cryptocurrencies Have Failed.

Expect altcoins to have "bull runs" and make their NEW "all time highs" are too much and unrealistic with quality of altcoin project and capability of their developers. Lack of visions, lack of development skills and lack of dedication, it is most commonly seen in altcoin projects.

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April 28, 2024, 03:36:23 AM
 #32

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
we won't know the situation. The impact after the Bitcoin halving occurs will not be instantaneous. You have to be patient with the assets you own, even if they experience a decline, remain consistent, and wait for better market momentum.
Every beginner who invests will feel the kind of worry you feel when you see that the value of assets continues to decline. At least from the start you already know that investing requires time and patience. there is nothing that instantly gives us an advantage.

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April 28, 2024, 05:49:58 AM
 #33

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
[/quote look if they have dropped upto a point that you have faced 80 percent loss into your investment then don't sell your coins. There is no point of recollecting your remaining assets because it'll remain in the portfolio. If you have bought some good coins then they'll continue to fluctuate up and down but they'll not completely be out of the game.

Maybe someday you can see these coins to rise up into the markets me you can recover your losses. On the other hand if your at a less loss then 50% then you can retrieve your investment only if your not confident.

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April 28, 2024, 11:53:56 AM
 #34

Never invest when the market is on a bull run.  Because skilled investors always wait for the market to go down.  I think you have invested in ATH level.  However you should not panic if you review the past history of Bitcoin ATH, it can be seen that the price of Bitcoin increased quite a few days after the halving.  Actually no one can say how long that time is.  In this case if your money is lazy then you can wait.  If you get scared and sell low, you will suffer later.  If the quality of your coin is good then you can succeed for a time. And you can stay cool by skipping daily market rate.  Like you, I am also invested.  I hope for better things to come.
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April 28, 2024, 12:19:17 PM
 #35

It's really hard to see those red in your apps or anywhere you are checking the price of cryptocurrencies but mostly it's more of a "mind conditioning thing" IMO. If you check the chart, it's really up ever since the last few months and you don't see it but it really went up higher than we expected. So if you have doubt, it's best to zoom out and see the bigger picture.

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April 28, 2024, 01:41:26 PM
 #36

Never invest when the market is on a bull run.
Many are doing this. They don't want to invest during the bear market because they're not convinced that the market will be healthy after the bear market. So, their conclusion is they invest during the bull run because the market is active again.

Because skilled investors always wait for the market to go down.  I think you have invested in ATH level.  However you should not panic if you review the past history of Bitcoin ATH, it can be seen that the price of Bitcoin increased quite a few days after the halving.  Actually no one can say how long that time is.  In this case if your money is lazy then you can wait.  If you get scared and sell low, you will suffer later.  If the quality of your coin is good then you can succeed for a time. And you can stay cool by skipping daily market rate.  Like you, I am also invested.  I hope for better things to come.
It's also not hidden anymore that there have been investors that have bought during the peak of the bull, so they're ATH investors.

That's hard for them to recover when they have no idea if the next bull run will be more than the price they've bought it and its the peak like on 2021 investors.

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April 28, 2024, 01:43:40 PM
 #37

Im expectinng ATH inn 2025 actually, not this year.
It will hopefully be my last crypto season and I plan to invest less after I quit crypto as much as I can.
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April 28, 2024, 02:42:58 PM
 #38

Majority of altcoins will not have "bull runs" so their "ATH" is not predictable. What happens to them is pump and dump which is by definition a market manipulation technique which is what makes it unpredictable. It is also the reason why it is never recommended to "invest" in an altcoin.

In fact this is a very common beginners mistake, they look at Bitcoin and think "cryptocurrencies" are all like bitcoin so they start buying them like they should buy bitcoin hoping for similar performance. The only result that can have is loss.
In my opinion, not all altcoins are unpredictable, there are also altcoins that are almost the same movement to follow the movement of the direction of Bitcoin, which can be mostly predicted fundamentally or technically. Therefore we can anticipate losses against Altcoin.
It might be true that most of the altcoin is not suitable for long -term investment, but it can still be suitable for short -term investments by regulating the losses that we are ready to receive, where the Altcoin movement is mostly manipulative.
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April 28, 2024, 02:55:10 PM
 #39

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
If I may ask, what coins do you currently own that make you so afraid when you see their value go down? However, if what you have is Bitcoin or a coin that has the best ranking with a very good market cap volume, I don't think you need to be afraid to continue holding it while continuing to invest again in Bitcoin at this time. But if what you are holding is a coin that has only been hyped for a while, it is natural for you to be afraid because losing the value of the coin that we hold is part of the investment risk even though you cannot say you have lost if you haven't sold it at this time.

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April 28, 2024, 05:31:59 PM
 #40

and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place.

I think you got it wrong by believing this year is the best time to buy coins. The best time to buy coins is during the bear market. Accumulating some coins is not really bad during this period. If you miss the opportunity to buy Bitcoin during the bear market, I can't really say it's an opportunity to buy all these alternative coins. It may be possible that some of their prices will not go higher than this. So if you really want to buy, I would advise you to buy Bitcoin. It is still never too late because the halving just happened.There is a high probability that the price of Bitcoin will still go further. Bitcoin is the only coin someone can buy and have peace of mind. If someone did not make a profit now, it can make more profit if it can hold for a long period of time.

I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.


"I don't know the type of coins you bought, but if it was Bitcoin, you are holding, definitely, it will bounce back. All what you just need is just patience and don't lose hope. There is hope for great thing to happen in the crypto market.

The truth I want you to know is that nobody knows actually when the market will rise back, but it will definitely get back if it is Bitcoin you are talking of. But for others altcoins you may have accumulated, I can't say what will happen to them next because as many of them keep dropping in price, it is hardly they will rise back. Many of meme coins are just to scam investors."



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April 28, 2024, 07:28:56 PM
 #41

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

You can also consider this dip because of Halving because if we notice the historical behavior of the market then the market always has been making corrections at the Halving Event well market sets back to the recovery phase now i am waiting for the good pumps in the market to happens. Hahaha For the current time market, is making me bored/frustrated as Bitcoin has been trading in the $60k-$65k Price frame from a very long time.

Besides This market will surely recover and pump back as it is the behavior of the market that it never remains in the same phase all the time. The market works on the pumping and dumping Phases... Give it time to recover you will see good pumps in the market. Do not take it as advice but yes you can use this advice as a reference for personal research. DYOR!

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April 28, 2024, 07:43:13 PM
 #42

Im expectinng ATH inn 2025 actually, not this year.
It will hopefully be my last crypto season and I plan to invest less after I quit crypto as much as I can.
I am guessing you are referring to bitcoin, if so, then yes the next ATH might be next year, though it could still happen this year, just as we were not expecting bitcoin to set a new ATH before the halving, but it did, the spot ETF's being the difference. That being said, it looks like you are ready to sell all your bitcoins in the next pump to ATH, i wouldn't do that if i were you, you might prolly regret that you do not own bitcoins sometime in the future.

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April 28, 2024, 07:53:03 PM
 #43

If you are a panicky guy and don't have enough patience, then you shouldn't invest in crypto. Rather, you have to find some way to invest in real life where you will have a stable income. You don't really need to look at it every day if you hold it for a long time. Traders check the price every hour, but holders don't do it. However, Bitcoin was pumped hard even before the halving when the Bitcoin ETF was approved. So it's currently not very volatile and playing a stable role. We can say it's an accumulation zone as well, though some predictors said it would dump below 60K. But who knows? We can't forecast it, so we need to have patience and not panic sell, even if the if the price keeps dumping. 

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May 02, 2024, 06:49:33 PM
 #44

Never invest when the market is on a bull run.  Because skilled investors always wait for the market to go down.  I think you have invested in ATH level.  However you should not panic if you review the past history of Bitcoin ATH, it can be seen that the price of Bitcoin increased quite a few days after the halving.  Actually no one can say how long that time is.  In this case if your money is lazy then you can wait.  If you get scared and sell low, you will suffer later.  If the quality of your coin is good then you can succeed for a time. And you can stay cool by skipping daily market rate.  Like you, I am also invested.  I hope for better things to come.
I have seen many experienced traders place a quick trade in a bullish market and make a huge profit. Experienced and knowledgeable traders don't wait for the market, they don't stop trading, they do trading and take advantage of the market because of their experience, they maximize profits and minimize losses.

I've learned in my trading journey that when the market is bullish you can't trade long-term and you have to face maximum losses but it's not wise to wait even if you have the opportunity. So place up a trade and sell it after taking profits. However, everyone's approach to trading is different, everyone trades with their own best strategy, but your point cannot be denied, especially those who are new in the market should wait until the market is bullish instead of facing losses.

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May 02, 2024, 07:12:41 PM
 #45

I don't know which coin you have buy for long-term holding but if it is bitcoin then don't worry and don't panic about it make your investment larger when you find the dip in this market. And your friend is right that this is the correct time to invest in Bitcoin but the most correct time when the market is on bearish anyway I want to say that there is no soon expecting all time high price it will take at least 1 year for making the market to an a new all time high price.



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May 02, 2024, 08:58:50 PM
 #46

Im expectinng ATH inn 2025 actually, not this year.
It will hopefully be my last crypto season and I plan to invest less after I quit crypto as much as I can.
I am guessing you are referring to bitcoin, if so, then yes the next ATH might be next year, though it could still happen this year, just as we were not expecting bitcoin to set a new ATH before the halving, but it did, the spot ETF's being the difference. That being said, it looks like you are ready to sell all your bitcoins in the next pump to ATH, i wouldn't do that if i were you, you might prolly regret that you do not own bitcoins sometime in the future.
I might also agree that the next ATH might possibly be early next year, as it’s still far to be realized this year. So there’s no point of rushing to make profits if you think that won’t be highly possible this year. Just stay patient instead and learn to manage your emotions just like how you should manage the volatility of bitcoin. We all know that bitcoin investment is a profitable one, but the problem is we cannot be certain as to when we are going to reap our profits, so just be patient instead.

R


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May 02, 2024, 09:44:23 PM
 #47

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
You're on the right track. Patience is very important when it comes to investing as we never know when the ATH comes or if the dumps will be.
Keeping ourselves informed about the situation helps us to stay calm and remain strong to face the market challenge. Fear rises when we don't have trust which is why we have to keep our faith strong or else, this will be the reason why we lose.

Whatever the reason for the current fallback, we remain positive because there is also a reason to rise again. Perhaps, it is always happening in the market which is why we have no way to panic.

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May 02, 2024, 09:49:43 PM
Last edit: Today at 06:43:37 AM by SeeBiscuit
 #48


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May 02, 2024, 10:58:58 PM
 #49

Im expectinng ATH inn 2025 actually, not this year.
It will hopefully be my last crypto season and I plan to invest less after I quit crypto as much as I can.
I am guessing you are referring to bitcoin, if so, then yes the next ATH might be next year, though it could still happen this year, just as we were not expecting bitcoin to set a new ATH before the halving, but it did, the spot ETF's being the difference. That being said, it looks like you are ready to sell all your bitcoins in the next pump to ATH, i wouldn't do that if i were you, you might prolly regret that you do not own bitcoins sometime in the future.
Well, when it comes to bitcoin, we shouldn’t be worrying that much because we have seen the past performance of bitcoin, and certainly it never fail us. So never lost your hope in making it big with bitcoin someday, because for sure bitcoin price will never stay at a low price all the time. Instead, accumulate more bitcoin while bitcoin price is still affordable, because when it starts to rise consistently, you won’t see it again falling below $60k.

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May 02, 2024, 11:15:18 PM
 #50

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
Investments should be made only in the amount that you can afford to lose. That means it's best to invest only the amount you can control yourself losing. You have to accept that the cryptocurrency market is full of volatility and invest in your cryptocurrency with that in mind. I don't know what kind of coins you bought and invested but if you buy and invest in top coins (Bitcoin, Ethereum Binance Coin, Solana, Dogecoin etc) then hopefully your investment will recover when the market is good and bull run starts in the market. But don't worry the market will definitely improve, it is expected that the market will occupy a good position by 2024.

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May 02, 2024, 11:32:08 PM
 #51

It's not good advice to wait for BTC to get to a new ATH before you as an investor decide to invest. The approach you do choose to adopt when you want to invest in BTC will determine if your return is worth the time and effort.
By approach I mean either you decide to just buy and trade BTC, or to just buy and HoDL for a duration of which would become profitable if done up to 10years at most.

If you have a good source of income, I would like to think that you shouldn't have to wait for the dip or pump or for the price to get to an ATH before you can own some. Be patient for like 3months then see an ATH gotten.

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May 03, 2024, 12:41:48 AM
 #52

~
I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
Because of what you said, I assume that you're a newbie when it comes to investing into cryptocurrency. Don't worry. I felt the same as well when I was a newbie investor. I've also seen my coins dropping down every single day, and there are times as well that I'm panicking therefore, making some wrong decisions like selling my tokens at a loss.

It's pretty normal for a newbie to experience that, but there's no need to be feared of because in the mid to long run, all cryptocurrencies especially those at the top will increase in price. Continuous decline in the short term is normal and it happens all the time. Just be patient like what others said here. Don't panic and instead, take the opportunity to buy even more cryptocurrencies especially those top coins like Bitcoin.

You don't need to time the market because nobody can time it. In fact, nobody expected for Bitcoin to go this down as well (maybe some predicted it right). When are we expecting ATH? I don't know, and all of us don't know as well. Just be patient and be prepared. Smiley

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May 03, 2024, 03:25:29 AM
 #53

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

No one for sure knows what is going to happen in the market at this point, but if we are going to base it on history, we can use the Bitcoin Halving timeline as a basis of how the market is going to react in the latest Halving, most of the time the market price needed a lot of time in order to see the effect of halving so that it is going to be a catalyst or some sort of trigger in order to see the Bullrun, it is usually around 365 days before the market could react and see its effect, not to mention we have a lot of innovation and news about Bitcoin that also a huge help on Bitcoin adaptation and popularity. A good example of that is the Bitcoin ETF, El Salvador news, etc.

For sure we are all expecting the Bullrun but the pattern is around 2025 so that is probably where the Bullrun is going to take place we just don't know yet, what I do is just continue to accumulate until that Bullrun since I have a kinda stable source of income at least since I have a full-time job, for my living and expenses, bills, etc. As a side hustle for buying and accumulating Bitcoin, as long as I could survive I could hold my Bitcoin for the long term and expect a much higher profit in the future, so I really recommend having a stable income before accumulating and investing in Bitcoin to avoid losing money.

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May 03, 2024, 03:49:23 AM
 #54

Well, when it comes to bitcoin, we shouldn’t be worrying that much because we have seen the past performance of bitcoin, and certainly it never fail us. So never lost your hope in making it big with bitcoin someday, because for sure bitcoin price will never stay at a low price all the time. Instead, accumulate more bitcoin while bitcoin price is still affordable, because when it starts to rise consistently, you won’t see it again falling below $60k.
People who live, trade in the market will need time to change from panic to greedy after they got losses from their greed. It takes time like some months for them to calm their panic and turn to be greedy another time.

For people who do market manipulations, they need time like months to complete their accumulation or reaccumulation phases to kick off a new bull run.

I don't wait for a big bull run of Bitcoin too soon after the big correction in April. Halving just completed weeks ago and so is the correction, give the market and participants, traders, investors and media time to complete a reaccumulation phase before 2024 and 2025 parabolic curve.

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May 03, 2024, 05:11:25 AM
 #55

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

OP, nobody knows...

We can make projections, estimations based on past data, but there is a clear rule in financial markets and this is that past performance is not guarantee of future results. You may think that asking for advice to those who have more experience you may have more chances to succeed, but you may be wrong.

Anyway, if you want us to speculate about the price, I think that the next ATH will be over 100K, but I wouldn't put my hand in the fire.

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May 03, 2024, 09:49:38 AM
 #56

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
I just hope you haven’t been gathering all the wrong information that would allow you to entertain fear.

Firstly, I’ll like to bring to your consciousness that Bitcoin isn’t a get rich quick scheme and it’s advised that you invest with spare money, not because your going to loose it but, to give you that freewill about your little inputs as investment.

Haven’t said that, there isn’t any definite time for the bulls to come into the market although, available statistics of how long it took the bulls to push price towards an ATH after a halving is roughly a year and few weeks.
You just have no reason to be scared about making profit, it doesn’t matter if price dumps, just know volatility is a part of the market and it would rise when the time is due. What you need is patience not to liquidate your asset based on current market situations. Instead, buy when the market is low.

When you say coin in OP, hope what your referring to is Bitcoin otherwise, all that I’ve said so far doesn’t apply.

R


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May 03, 2024, 10:07:06 AM
 #57

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
That why it always advisable to always make critical research about anything you are getting your money into. It’s just too bad to see someone still asking questions like this, you don’t sound like someone who made enquiry before even investing. To make it clear to you no one actually knows when a coin will dump or pump, but we can make assumptions based on past details or facts. And based on past facts using the bitcoin Halving to predict the recent halving there will be a pump in the coming months but nobody can say for for sure when it going to happen.
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May 03, 2024, 10:25:15 AM
 #58

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
That why it always advisable to always make critical research about anything you are getting your money into. It’s just too bad to see someone still asking questions like this, you don’t sound like someone who made enquiry before even investing. To make it clear to you no one actually knows when a coin will dump or pump, but we can make assumptions based on past details or facts. And based on past facts using the bitcoin Halving to predict the recent halving there will be a pump in the coming months but nobody can say for for sure when it going to happen.

It if is Bitcoin that he invested, then perhaps we all need to wait, currently it seems that this month is not a good month for all of us. And if it's in altcoin, we all know that it's based everything on the movement of Bitcoin so it will be just the same bearish sentiments.

And if we have to look and study, Bitcoin is and will be the prime mover in this market. With that I would suggest to the OP to invest on Bitcoin and at least majority of his portfolio and then just wait and HODL for the right time to sell. The effects of the halving is not that immediate though, at least wait at the end of the year and see how it grows.

R


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May 03, 2024, 12:46:15 PM
 #59

Well, when it comes to bitcoin, we shouldn’t be worrying that much because we have seen the past performance of bitcoin, and certainly it never fail us. So never lost your hope in making it big with bitcoin someday, because for sure bitcoin price will never stay at a low price all the time. Instead, accumulate more bitcoin while bitcoin price is still affordable, because when it starts to rise consistently, you won’t see it again falling below $60k.
People who live, trade in the market will need time to change from panic to greedy after they got losses from their greed. It takes time like some months for them to calm their panic and turn to be greedy another time.
Then make another cry for the same mistake again. As long as people don't learn their mistakes, it happens again and again, and no hope for a change.
Quote
For people who do market manipulations, they need time like months to complete their accumulation or reaccumulation phases to kick off a new bull run.

I don't wait for a big bull run of Bitcoin too soon after the big correction in April. Halving just completed weeks ago and so is the correction, give the market and participants, traders, investors and media time to complete a reaccumulation phase before 2024 and 2025 parabolic curve.
We still don't know what is coming, nobody. Therefore, what we need is preparation and keeping ourselves calm. The market facing another correction but as we believe, it kicks again after a few days and after gaining demand. Panic and worrying is not a good approach but this will only lead us to doubts and uncertainties. We never know when is the new ATH but we are sure it will come surprisingly.

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May 03, 2024, 05:03:32 PM
 #60

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
That why it always advisable to always make critical research about anything you are getting your money into. It’s just too bad to see someone still asking questions like this, you don’t sound like someone who made enquiry before even investing. To make it clear to you no one actually knows when a coin will dump or pump, but we can make assumptions based on past details or facts. And based on past facts using the bitcoin Halving to predict the recent halving there will be a pump in the coming months but nobody can say for for sure when it going to happen.
It is very important for us to ask questions before taking any decision in the crypto market. The crypto market is ranging and we might not know the next direction the price of Bitcoin would go from now. Research is a requirement for us to take any decision in crypto so we don't lack some certain information that will make us to lose. It is advisable for anyone not to invest in cryptocurrency without any experience or knowledge on how to make the right decision that will lead to positive outcome.









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May 03, 2024, 07:46:52 PM
 #61

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
Exactly the same way I feel when I open my wallet to see my coins going down, but with what I got from the researches I made, they said Bitcoin experience a dip after the halving and after some months it skyrockets I don't know how true this is , but believe me it has been given me hope, maybe by this time next year I will see the profit of my coins,  so let's just be calm and what how things turns out to be, with this encouragements am even tempted to add my coins you know.
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May 03, 2024, 08:11:34 PM
 #62

If you are a panicky guy and don't have enough patience, then you shouldn't invest in crypto. Rather, you have to find some way to invest in real life where you will have a stable income. You don't really need to look at it every day if you hold it for a long time. Traders check the price every hour, but holders don't do it. However, Bitcoin was pumped hard even before the halving when the Bitcoin ETF was approved. So it's currently not very volatile and playing a stable role. We can say it's an accumulation zone as well, though some predictors said it would dump below 60K. But who knows? We can't forecast it, so we need to have patience and not panic sell, even if the if the price keeps dumping.
Patience is the key factor in bitcoin hodling, so one should gain a lot of patience so he won’t be completely bothered with how bitcoin price drops drastically. Otherwise, he will never come to experience the final bull run but will only lose his investment prior to that due to panicking that creates wrong decision making.

Bitcoin, no matter how profitable it is, will always be volatile in nature. That’s why its price changes inevitably, that none of us here will be able to tell what will be the next movement for bitcoin.

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