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Author Topic: After the dip in crypto, when are we expecting ath?  (Read 813 times)
Hamza2424
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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.

 
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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, 10:58:58 PM
 #48

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
 #49

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
 #50

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
 #51

~
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
 #52

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
 #53

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
 #54

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
 #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.
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.

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May 03, 2024, 10:07:06 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.
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
 #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.

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.

 
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May 03, 2024, 12:46:15 PM
 #58

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
 #59

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
 #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.
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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