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Author Topic: BTC is exceeding expectations, what a time to be alive.  (Read 1264 times)
headingnorth
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November 23, 2024, 02:20:45 PM
Last edit: November 23, 2024, 04:44:56 PM by headingnorth
 #21

Imagine for a moment, that the frontrunner for President of the United States is openly bragging about owning bitcoin and promising to make BTC a US treasury reserve asset. Then imagine that this super pro-bitcoin candidate actually wins the election by a landslide, then goes on to pack his Cabinet with prominent pro-bitcoin candidates. Imagine that the majority of lawmakers in the US Congress are also very pro-bitcoin.

If someone wanted to predict such a crazy scenario just a year ago, they would have been detained by the authorities and committed to an asylum. Well I guess we don't have to imagine such crazy thoughts anymore because it has become the reality!

It's pretty wild when the real world turns out to be even better than anyone could dare to dream.

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Ultegra134
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November 23, 2024, 02:53:57 PM
 #22

Whenever you feel that the people who sold their Bitcoin in the early days were crazy or foolish, try to put yourself in their position and then rethink. How in the world would they have any idea about the future of Bitcoin and where it would reach one day? Even if it was you having thousands of bitcoins in your wallet while having no value as such, but then you see an opportunity to sell each Bitcoin for a few cents, you would be more than happy to take the deal because you are at least getting something for a bunch of coins that you have mined using your PC.

So, as it has been mentioned multiple times in this thread already, those who sold their bitcoins for $10 each must have been extremely happy to get that much value for their coins, just like how we are happy to see Bitcoin at $99k while sometime in the distant future we will be amongst the people who sold their Bitcoin too early but if you ask us, we would say it's a great deal for us at the present.
Couldn't have said it better myself. People in the early days multiplied their investment with something that was completely unknown to the current world; they were thrilled to see it surpass $10, no one could have ever imagined what was coming. They were happy that they could sell something that they likely got for free.

I learned about Bitcoin somewhere between 2013 and 2014, I was intrigued seeing its tremendous possibilities that it has now exceeded. Do I regret not taking action? There's no direct answer, we're all human and we all eventually say what we could have done differently, but in reality, it doesn't matter.

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Lanatsa
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November 23, 2024, 06:07:25 PM
 #23

Check your stats well Bitcoin has never touched or fallen to $25K this Year.
The last time we were in the position of early to mid 2023
Except you meant 18 months.
The cornz favour the patient and strong hands.
Now $100K that felt quite far is already at our Doorstep.
The lowest price that we do able to touch is on maximum of $15k for this cycle on which it did really make out that kind of expectations that it might be going even more. I do remember on how
the community is really that having that impressions that it is really that going down even more and how people are really that afraid on that time that Bitcoins price would really be going
down into that particular moment. Yes, its true that we've been seeing $100k is already that fat stretched off on which we didnt been able to expect that it will really be able to reach out on
this particular level on which it is really that good to see and also Bitcoin never fails to impress us when it comes into this kind of situation. For those people who do held up their position
and able to accumulate while its still cheap then they are the ones who are reaping profits now, for those who do panic sold and able not to buyback then there would really be that sense of regret
on the current things that they've been dealing on with. Sometimes you would really be needing up to at least take up some risks if you do really that wanted to have that kind of potential
when it comes on making money.

R


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Aanuoluwatofunmi
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November 23, 2024, 06:57:49 PM
 #24

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

Some would have let go of it when it was even nothing to compare with and the value was just zero dollar, but now here is where it is, but for some of us, it is never too late because we can also make use of the remaining opportunities left in doing something while in preparation for the future, because from here, we may one day discover bitcoin to be 1m dollars, but the kind of decision we made today will determine the future expectations we may have in it.

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November 23, 2024, 07:11:39 PM
 #25

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.
Bitcoin has been in an upward trajectory for a long time and we knew that this day will eventually come, so I guess that those that sold their coins for a price that cheap have had years to prepare themselves for this moment and just let go of their regrets long time ago, because if this is not really the case and they are still lamenting something that happened so many years ago, then it is inevitable they will keep feeling this way when bitcoin keeps getting more valuable and it is likely they may never become happy ever again, as it is not like bitcoin is going to stop growing in the near future.
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November 24, 2024, 03:02:49 AM
 #26

~

BTC dropping to below 25k was actually great, had the chance to start my DCA at a pretty low price point Tongue. Though I guess everyone feels the same. I mean imagine that pump from 70k - 80k - 90k, straight through without really seeing any major dumps. Feels great really. My expectations were this part of the market were only to happen next year, not this year. Blowed my expectations out I must say.

Kind of weird comparing it to people who sold at $10 though. That's like a decade ago. Pretty sure they were already regretting when it went up to 10k or even 1k.
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November 24, 2024, 05:32:11 AM
 #27

Yes, it is true, we have a popular proverb in my country that says "Patience is the key to success and relief", this seems completely true, all those who have been patient for this long are now reaping the sweet fruits of their success, while those who rushed and sold early feel regret and remorse.

All those who held their Bitcoin during the hard times are now feeling happy, but this is not the end, those who want more should continue holding Bitcoin and accumulating more and more because Bitcoin will not stop and the coming cycles will be greater and greater.


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November 24, 2024, 06:02:11 AM
 #28

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.
Thinking about what has happened will not give any results and even I sold some of the bitcoins I had when it was $42k and if that had been remembered then I might be a little less enthusiastic now. In my historical observation I have not seen bitcoin ever touch $25k for this year and maybe you are a little wrong with that number. Forget what has happened and focus on collecting bitcoins again because that will increase our interest. Bitcoin has shown a significant increase in the last few weeks and this has made people more interested in learning about bitcoin.
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November 24, 2024, 06:12:59 AM
 #29

Surreal or not, we have to keep our feet on the ground and for that we need to understand that once 100k is reached, there will be massive selling pressure. So be prepared for that and keep cash at hands to buy bitcoin.
I am sure a lot of people are ready to sell at $100k, it is a price that people have been talking about for a long time now, so there might be a correction when it is at $100k. However, that's not a problem, if we are to be honest, only a few of us believed that BTC will reach $100k this year, but it is happening already, so correction or not, the price at the peak of this cycle next year is really going to exceed the expectations of most bitcoiners.

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November 24, 2024, 07:05:45 AM
 #30

I can imagine how those that sold their BTC when it was less than $10 feels right now.
They will feel nothing. As at the time when bitcoin was around $10 or even less, bitcoin was still very volatile and at its early stage. Many of those early investors took the decisions they made because of the information and market sentiment available as at that time. They sold their coins and took the profits available then to sort out personal needs. Many of us here would have done same if we had some bitcoins then. Some of those early sellers might have reinvested, so there is no difference between those who sold their bitcoins when it was around $10 but reinvested and us who just started investing now.

Bitcoin is one asset that is worth waiting for, but if at any point you sell your bitcoins and took the profits available, there is no point living in regrets when the price appreciates further. Bitcoin has obviously exceeded our expectations countless times, no matter the price at which an investor buys bitcoin, he will still get profits if he's patient.


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November 24, 2024, 05:40:47 PM
 #31

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

For you to be successful you need patience because without patience you will be getting quick things and also be losing it as quick as you are getting it. Without patience you can never make money from Bitcoin. People that sold will be regretting and that is how life reward those that do not believe in what they invest into because if they had believe in Bitcoin, they would not have sold but continue to hodl. There are so people that did not have any choice but to sell since they got into financial problems that needed urgent money but still they could have been capable of buying again before Bitcoin became this costly for them to afford. They could have also been capable of buying some Satoshi since they did not have money to buy one Bitcoin again but they did not.

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November 25, 2024, 06:01:31 PM
 #32

Many people are calling expensive numbers for Bitcoin even before. So no mate. What Bitcoin is showing lately has not exceeded on most people's expectations yet. Maybe it is only if Bitcoin gains a hundred k or more in its value in just a month. Those who sold their Bitcoins cheaply and then knowing it rose eventually can obviously feel a regret and disappointment but the emotions were seem unimaginable for those who are early Bitcoiners who does the same mistake. Maybe you are only new here OP, for you to say 'surreal'.

A heavy dump in the price can indeed be a pain for others but I think they can still move on eventually and start adding more coins on their bags. This is also the first action that some are going to do. They don't feel pain in short but I won't say they are happy because a dip is still a dip and makes everyone else portfolio to be negative. Maybe there are only exceptions if you are among those OG's where you bought your Bitcoins at under a dollar rate. Long-term investing requires patience but this isn't only the way to make money. For the others, maybe patience is not prioritized but it can now be skills, knowledge, and guts, (only to name a few).

..Stake.com..   ▄████████████████████████████████████▄
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Baki202
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November 26, 2024, 09:06:04 PM
 #33

I am sure a lot of people are ready to sell at $100k, it is a price that people have been talking about for a long time now, so there might be a correction when it is at $100k. However, that's not a problem, if we are to be honest, only a few of us believed that BTC will reach $100k this year, but it is happening already, so correction or not, the price at the peak of this cycle next year is really going to exceed the expectations of most bitcoiners.

People are really happy with what they are currently getting from bitcoin thay for both traders and those that are holding and everyone have actually benefited from this period and the expectation of people did not reach this even when their are predictions were 100k then and it was just a prediction and even when bitcoin was hitting 80k and 90k it caused more excitement in the market and I love the fact that no one actually saw this coming and that was what makes it more interesting.

And bitcoin hitting 100k was when the issue of ETF and halving but still did not hit 100k and it was during the election that the signs started showing signals for increase and even I did not believe that bitcoin will hit 100k soon but look at what happened and this year should be one of the best bitcoin year because the imagination came true and their are still speculation thay bitcoin might actually hit 150k and don't be surprised that bitcoin might mark somthing close to that. Because no matter how the speculation might be when ot comes to bitcoin it's never wrong.











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Natalim
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November 26, 2024, 09:58:53 PM
 #34

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

With bitcoin, patience is the best virtue. If you can’t hold your bitcoin longer because you are in rush of your profits, you will never get satisfaction from your bitcoin investment. Long term hodling is the key, even how long it may take, the realization that bitcoin will never stop from reaching all time highs, then it’s best idea to just buy and hold, and only sell when the price is right  and impressive.

WhiteRhino333
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November 26, 2024, 11:00:09 PM
 #35


I can imagine how those that sold their BTC when it was less than $10 feels right now.



I believe that thinking about past times and regretting actions taken, is a mistake. Especially if you think of them as wrong from the present point of view.
Nobody (at least that I know of) is able to read the future... and even less in the long term, so if they made the decisions weighing the pros and cons of their decision, I understand that at that time it was a good decision.
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November 26, 2024, 11:01:02 PM
Last edit: December 02, 2024, 06:27:44 PM by AmoreJaz
 #36

Many people are calling expensive numbers for Bitcoin even before. So no mate. What Bitcoin is showing lately has not exceeded on most people's expectations yet. Maybe it is only if Bitcoin gains a hundred k or more in its value in just a month. Those who sold their Bitcoins cheaply and then knowing it rose eventually can obviously feel a regret and disappointment but the emotions were seem unimaginable for those who are early Bitcoiners who does the same mistake. Maybe you are only new here OP, for you to say 'surreal'.

A heavy dump in the price can indeed be a pain for others but I think they can still move on eventually and start adding more coins on their bags. This is also the first action that some are going to do. They don't feel pain in short but I won't say they are happy because a dip is still a dip and makes everyone else portfolio to be negative. Maybe there are only exceptions if you are among those OG's where you bought your Bitcoins at under a dollar rate. Long-term investing requires patience but this isn't only the way to make money. For the others, maybe patience is not prioritized but it can now be skills, knowledge, and guts, (only to name a few).

Reaching the 100k level already give something to ponder on for noncrypto users up until now. If you are outside of this market, for sure, you will be curious as well why this market is soaring high. And you will start digging what's in it for you to join the craze. I guess, that's the normal reaction of any user.
So if you are a new one in this market, you should prepare yourself for some up and down movement as it is not always in the rising direction. You will learn that gaining profit from this market would take strategy on how you will enter and exit in the trading aspect of this currency.

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passwordnow
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November 26, 2024, 11:57:35 PM
 #37

From $99k down to $91k. Still, better than most days of the year when it was less than $60k and even even landed half of it at $49k at some point in the past months.

Reaching the 100k level already give something to ponder on for noncrypto users up until now. If you are outside of this market, for sure, you will be curious as well why this market is soaring high. And you will start digging what's in it for you to join the craze. I guess, that's the normal reaction of any user.
That's pretty normal because non coiners are only looking for the price. They'd think that it is something that they have to get in while it is increasing. But, in our terms, they are doing a mistake to get in when the prices are in the peakest form. Anyway, many are always like that and we get to see people that have been interested when it's on the trend and when the rise was already done. But when it's on the lowest form, lowest prices, they don't think that they'll ever get in at that time so that's the mistake that they don't realize that they are doing even until now, many does it.
MarjorieZimmermanGinger
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November 28, 2024, 12:52:19 PM
 #38

Reaching the 100k level already give something to ponder on for noncrypto users up until now. If you are outside of this market, for sure, you will be curious as well why this market is soaring high. And you will start digging what's in it for you to join the craze. I guess, that's the normal reaction of any user.
The price increase level is almost touching $ 100k then I am sure we will see bitcoin reach that price before entering the new year. There are many people who are starting to pay attention to bitcoin right now and after the quite maximum increase in the last few weeks, people are getting more interested in learning about bitcoin. This reaction is natural because for people who are outside of crypto, they must think something very strange that bitcoin can be like this because they never predicted bitcoin would be like this. I am also sure that there will be a lot of adoption after this because people start looking for a level of comfort in making investments based on independence and that is all in bitcoin.
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November 28, 2024, 02:28:50 PM
 #39

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.
https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19
Before now there ave been predictions that Bitcoin was going to get to this point and only a few experienced bitcoiners forsaw it could go this far, because they have seen Bitcoin done multiples in years before now but for the newbies, it was probably a thing they couldn't just believe because somehow it sounded crazy how $25k was later going to be $90k within a Year but seeing this possibility now, I believe they will learn and some other time they will know how better to handle it.
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November 28, 2024, 07:25:58 PM
 #40

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

With bitcoin, patience is the best virtue. If you can’t hold your bitcoin longer because you are in rush of your profits, you will never get satisfaction from your bitcoin investment. Long term hodling is the key, even how long it may take, the realization that bitcoin will never stop from reaching all time highs, then it’s best idea to just buy and hold, and only sell when the price is right  and impressive.
Bitcoin is now the headline in most financial newspapers because its price has increased significantly. But the majority of the people who are rushing to buy Bitcoin now, are just driven by the desire to make a quick profit. But they fail to understand that the ideal time to invest is not during the bull season. But if some of them are willing to learn, they might end up gaining from the sector if they are patient enough.

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..PLAY NOW..
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