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Author Topic: After the dip in crypto, when are we expecting ath?  (Read 810 times)
Viscore
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May 03, 2024, 08:11:34 PM
 #61

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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May 24, 2024, 05:31:08 PM
 #62

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.

Since you have gathered information and pick interest in cryptocurrency you don't have to be afraid or waiting for those coins to skyrocket over a night it is a small movement something, if you want to enjoy bitcoin then you have to invest long term and exercise patient though you can still invest short but it will take time before it will start appreciating to the point you will be on a nice profit, try and  allow the coin to do what it is suppose to do and stop being scared and stop checking it frequently. One thing is certain and that thing is you can't lose the coin the value may depreciate but it will surely come up again and as an Investor one thing you need to have is mind and don't run around or got moved by slight things.

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May 24, 2024, 09:52:12 PM
 #63

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.

Since you have gathered information and pick interest in cryptocurrency you don't have to be afraid or waiting for those coins to skyrocket over a night it is a small movement something, if you want to enjoy bitcoin then you have to invest long term and exercise patient though you can still invest short but it will take time before it will start appreciating to the point you will be on a nice profit, try and  allow the coin to do what it is suppose to do and stop being scared and stop checking it frequently. One thing is certain and that thing is you can't lose the coin the value may depreciate but it will surely come up again and as an Investor one thing you need to have is mind and don't run around or got moved by slight things.
Why is the value of your coin reducing? It is because it's part of the market. We first as beginners learn about market volatility and what is happening isn't something new or different. Bitcoin or crypto investment is always for the longer time, we should not have to expect profits in a close time, the longer we hold the bigger our profits. A lot of beginners who monitor the price of their investment often end up selling too early, due to panicking from price decline so we better not frequent the price movements.
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May 24, 2024, 10:54:53 PM
 #64

Bitcoin halving draw more adopters to invest on Bitcoin and cyptrocurrency,and the thing most early adopters don't know is that after every halving the price isn't affected positively immediately as they think.You don't have to let fear induce you when you know your holding a reputable coins that has the potential of huge returns.Even with the decline in price (Bitcoin) you can still take advantage of the dip to keep accumulating till it gets to the bull moment.
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May 24, 2024, 11:55:09 PM
 #65

Bitcoin halving draw more adopters to invest on Bitcoin and cyptrocurrency,and the thing most early adopters don't know is that after every halving the price isn't affected positively immediately as they think.You don't have to let fear induce you when you know your holding a reputable coins that has the potential of huge returns.Even with the decline in price (Bitcoin) you can still take advantage of the dip to keep accumulating till it gets to the bull moment.
They don't take advantage when Bitcoin goes on a dip because they think that it's still too expensive for them to buy. While many are interested to wait for the all time high.

Some of them will do the actual thing of accumulation but then won't follow the plans that they have thought when they're waiting for the dip.

It's not going to be easy for one to see the profits when you are not decided but to give everyone a food for thought, if you are aware that Bitcoin is here to stay then that's one factor that you should consider.


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May 25, 2024, 02:11:34 AM
 #66

Bitcoin halving draw more adopters to invest on Bitcoin and cyptrocurrency,and the thing most early adopters don't know is that after every halving the price isn't affected positively immediately as they think.You don't have to let fear induce you when you know your holding a reputable coins that has the potential of huge returns.Even with the decline in price (Bitcoin) you can still take advantage of the dip to keep accumulating till it gets to the bull moment.
halving definitely creates the momentum for bullrun, but it does depends on the next narrative to pump the price I guess, the fact that bitcoin approval of ETF opens up much more capital to flow into bitcoin thats why we are already high enough in term of price, currently around previous all time high when people before predicted that the bullrun probably occurs around next year, or in 2026 but bitcoin have proven that things are actually unexpected and there's no certainty the coin pumps instead at such high level.

however its true though just holding reputable coin already put is in an advantageous position whereas our investment just gonna pump whenever bitcoin is having some bullish momentum.

the big holders are the winner they are making hundred of thousands profit just holding alone, to think investing could be this simple.

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May 25, 2024, 02:54:23 AM
 #67

With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
You mentioned buying several coins and do you know the volatility levels of the coins you buy vary. The question is why choose several coins to buy, have you ever done this before?

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 you are buying bitcoin then this worry is normal because at the right time bitcoin will experience a gradual recovery until it reaches its highest value, but when it comes to some of the coins you invest in, it really depends on the fundamental level of the coin. If you hold it then it won't necessarily recover to a value above the capital, especially because you didn't mention the coin specifically so we can't judge what type of coin you hold.

If you want to play safe in investing then you should buy bitcoins in larger percentage amounts, although we will see a severe correction process in the market, there will come a time when bitcoin will experience recovery. The level of investment security is also very guaranteed compared to other coins because Bitcoin has proven to be very strong even though the market is experiencing severe corrections.

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May 25, 2024, 04:55:22 AM
 #68

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.
In order to be patient in the process of holding the number of Bitcoins that we have, of course we must have a good understanding of the investment we are making, because without good knowledge about Bitcoin, of course it is very unlikely that we will be able to survive in the long term and that makes Some people panic about the price correction that occurs, of course they don't understand well how Bitcoin works so they sell at a loss.
Yes, because the price of Bitcoin is fluctuating, of course there will be price corrections that occur and it is difficult to know for sure the movement of the Bitcoin price.

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May 25, 2024, 07:04:31 PM
 #69

They don't take advantage when Bitcoin goes on a dip because they think that it's still too expensive for them to buy. While many are interested to wait for the all time high.

Some of them will do the actual thing of accumulation but then won't follow the plans that they have thought when they're waiting for the dip.

It's not going to be easy for one to see the profits when you are not decided but to give everyone a food for thought, if you are aware that Bitcoin is here to stay then that's one factor that you should consider.

The individuals who are waiting more in order to find a price better than this often lose the opportunity to invest and reason is their own mistakes. I think if you have money then don't wait more because during other times the price will be lower but you will have no money therefore take the advantage of a better time.

If you have planned then follow your plan because it will help you to reduce your greed and all your decisions will be accurate because there will be no emotions in your way. Those who change their mind due to market fluctuations and because their friends don't like to sell that time will make mistakes in future because all the time your friend's decision is not accurate and sometimes you have to think about yourself.



 

 

 

 

 

 


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May 25, 2024, 08:04:00 PM
 #70

There's so much going on in the space that nobody will tell you when the bull run will happen and if it will.
One of those things is the ETH ETF which may cause some investors to switch from bitcoin to Ether because they feel like ETH has greater potential for price growth. I'm not saying this will lower the price of bitcoin, but it might, at least temporarily. I expect another ATH this cycle, but the cycle can last for another year. Don't put yourself in a situation where you have to get an ATH in the next 2 or 3 months, or you'll go bankrupt.
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May 25, 2024, 09:46:04 PM
 #71

There's so much going on in the space that nobody will tell you when the bull run will happen and if it will.
One of those things is the ETH ETF which may cause some investors to switch from bitcoin to Ether because they feel like ETH has greater potential for price growth. I'm not saying this will lower the price of bitcoin, but it might, at least temporarily. I expect another ATH this cycle, but the cycle can last for another year. Don't put yourself in a situation where you have to get an ATH in the next 2 or 3 months, or you'll go bankrupt.
This is the problem for most of the newbies that the moment they decide to invest, they are also very eager to reap instant profits which is highly impossible for bitcoin since it’s certainly a long term investment. If this  will be their mindset, it’s better that they’ll just stay away from bitcoin and focus on those physical investments where immediate profits may be possible.

No one actually knows when we will achieve bitcoin new ATH. It could be the end of the year or maybe next year. Then best thing to do now is focus on the dips and continue doing DCA. In no time, we will see inevitable profits coming into our account, patience is the key.

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May 25, 2024, 11:18:11 PM
 #72

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 don’t invest in crypto when you’re not ready for that. No one will be hold accountable for anything that might result from that your investment in altcoins. The cryptocurrency market is volatile and you must have to learn how to control your emotions after investment in crypto. You should also consider yourself as a long term holder because that will be the best way to be profitable in crypto. You were told that after halving, coins will do well and perform better with a lot of profits to be accumulated after halving. It is true about that statement but what no one knows is when it’ll take place and how profitable it can be this year or maybe the coming years before we’ll experience it.

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May 25, 2024, 11:39:56 PM
 #73

The more substantial and volume consolidation that occurs the more optimistic I become for a higher ATH and one that can last.    If we fail in any attempts to move downwards that ironically does raise possibilities on an improved ATH and general gains.  At the moment the situation is more balanced with neither side moving us out of a range for months now.

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May 26, 2024, 03:39:33 AM
 #74

I think, they will definitely going to increase higher in the future if you can exercise patience in your holding, Because the bear season is still on which is the reason your coins are losing value anytime the price decrease in the market. You don't need to be afraid OP,  if you witness the bullish season that happened easily this year, you will know that the bullish season will still appear before the end of this year and the price will reach $80,000 or $100,000 for long term investors to experience another ATH. If you want to be part of those that will going to experience $100,000 in the future, do everything possible to ensure your coins are safe in your wallet and continue holding until the price reach the price of your choice before you can release your coins for sale.

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May 26, 2024, 09:31:05 AM
 #75

Currently crypto prices (especially the prices of Bitcoin and big altcoins) are relatively high because ahead of the halving the prices of Bitcoin and most altcoins have risen drastically. It's best to wait until the halving moment ends and the crypto market enters a bearish phase because if you buy now the risk is very high. I know this momentum will not happen in the near future because to find the best moment to buy you have to do analysis and require patience.

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May 26, 2024, 10:39:37 AM
 #76

The more substantial and volume consolidation that occurs the more optimistic I become for a higher ATH and one that can last.    If we fail in any attempts to move downwards that ironically does raise possibilities on an improved ATH and general gains.  At the moment the situation is more balanced with neither side moving us out of a range for months now.

Yes I have realized it because it been months since Bitcoin is surpassing neither the support or resistance by huge margin and we are struck between $60k to $70k for a while though the price of Bitcoin crossed $70k this week again it's under $70k. I think we may say similar market trend for a while until a major volume consolidation takes place.

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May 26, 2024, 02:39:14 PM
 #77

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 may have made the right decision to invest, but you may have also made the wrong choice in selecting potential coins that should be in your investment portfolio. If the price of the coin you own is currently falling, then the only advice I can suggest is to be patient and wait for the moment. Prices will rise over time as trader and investor interest increases, but if you have diversified into many altcoins then you may have to double your patience.

Just accumulate as much as you can on some potential coins you have in your portfolio especially if you find the price is still low. But if you don't want to do it on the same altcoin, then choose bitcoin and focus your plans on it. Bitcoin has very promising potential in the long term, it will help you get profits worth it with the risk instead only at altcoin.

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May 26, 2024, 05:20:57 PM
 #78

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.
From my understanding, you invested in cryptocurrency because, according to what people told you after the bitcoin halving happened, the market used to be good and investors used to be in profit. You are asking this question because it's not what you were told you were seeing again in your crypto investment. This is why it is always good to carry out your research to know how cryptocurrency works so that you can decide if you can go ahead with the investment or not. From the way your portfolio is dropping, I can tell you invested in altcoins. Op, it isn't certain you will make a profit from your cryptocurrency investment because you invested in altcoins, where the project team is interested in taking people's money to live a better life. You can research the coins you bought to know if the teams are working hard to make sure their prices increase again. You can search for those coins in Coingecko or Coinmarketcap if they are listed there to see their social media links and telegram links and find out the cause of why they keep reducing every day. Also, pray that you didn't invest in coins that were shilled by influencers; if not, you will lose all the money that you used to invest in cryptocurrency. 

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danherbias07
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May 26, 2024, 06:33:13 PM
 #79

This is where it goes wrong when an investor is impatient with his investments.
Didn't you plan ahead? Is the money you used to invest already needed? Or did you use the money that you are ready to wait for another 2 years or more?
Those kind of questions, you should've asked yourself first.

Bitcoin ain't short term investment unless you are a trader which have a big difference.
Check the history of Bitcoin at how much value it started and how long has it been before it reached this point. The same goes for other reputable coins that are still alive and kicking and also supported by many cryptocurrency enthusiast. They will keep on running and for me Bitcoin is actually still a baby because we still haven't seen a massive adoption.

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May 26, 2024, 11:42:38 PM
 #80

The more substantial and volume consolidation that occurs the more optimistic I become for a higher ATH and one that can last.    If we fail in any attempts to move downwards that ironically does raise possibilities on an improved ATH and general gains.  At the moment the situation is more balanced with neither side moving us out of a range for months now.
The current market situation does look more balanced and is not bad for most people who still want to enter it to make the next entry to purchase Bitcoin if they also have the confidence to see a higher ATH than before in the same year, namely this year. However, we all need to see how the market reacts next month to the price of Bitcoin itself because it is currently starting to look stable in the $68K to $70K price range. This indicates that we still need to hope for a better price increase in the next month in order to see a new ATH again this year.

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