Those who bought at the top with the mindset it would break out to 150k happy?

[Nightwalker(NW)]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

[Bitcoin_Arena]

but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

Easier said than done because under certain conditions, it's hard to tell where exactly the bottom could go. For example, you try to accumulate right now but then the prices keeps plummeting to the 70's and 60's, What do you call that? More disappointment?

It means you could have to wait for another bull run to breakeven, especially if this is the start of a bear market. This is why it is very tricky buying at the top or near the all-time high.

[Halifat]

If you can really observe the kind of life we are living now there's a saying that one man's food is another man's poison.

I am pretty sure that those disappointed are those that plans to take profit when it is high to their expectation. I don't believe they hodl for a very long time because if they do, they shouldn't be disappointed. Bitcoin behaving like this shouldn't be new to us and that is why we should expect a rebounce soon. It only takes time for a patient trader to enjoy the fruit of his labour.

Those that feel so disappointed invested more than what they can afford to lose.

[Ziskinberg]

Its okay to be disappointed with how bitcoin performs right now, but take note, you will only lose if you decide to sell your coins at a current price. So the best option, just continue hodling and at the same time, buy when the price hits the bottom so you can increase easily the amount of your bitcoin in your portfolio.

However, this is also the reason why buying at the top is never an excellent idea. It's risky actually, but if you are here not for quick profits but have long term goals for bitcoin, still not a bad idea though.

[EL MOHA]

Easier said than done because under certain conditions, it's hard to tell where exactly the bottom could go. For example, you try to accumulate right now but then the prices keeps plummeting to the 70's and 60's, What do you call that? More disappointment?

It means you could have to wait for another bull run to breakeven, especially if this is the start of a bear market. This is why it is very tricky buying at the top or near the all-time high.

Most of the time when I read about the predictions that people set out for bitcoin I sometimes wonder if they think they can perfectly predict the market. One question I normally use to ask people is why are they calling certain price as bitcoin top, for me I think every investor can actually buy bitcoin at any period they want as there is nothing yet about bitcoin top. The plan or target should be to hold for long term and this will definitely help solve the problems of short term falls. If example $150k to $180 earlier predicted will most surely come because bitcoin will grow higher just that the time for it is what is unpredictable that’s why long term is actually advised.

As for buying the dip it’s also best to know that you could buy at a price today which will have more lows again, as such buying of dip should be for short term gains because like bullish market it is also unpredictable

[Cyber_warrior]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?

People that bought thinking the price was going to pump will be disappointed right now, most of them are traders, and short term investors, which doesn’t even have proper knowledge. If you are having the intention to hold for long term, there is nothing to be worried about, just keep on holding and wait for bitcoin price to bounce back. If you are holding for long, then there is nothing to be worried about. I don’t know why some people do end up panicking even when there is little dip in the market.

[Potato Chips]

TBH, I'm not worried about BTC. I believe the market will bounce back again, and it's just a matter of time. Let's face it, it's pretty difficult to predict the bottom and ceiling. Those whose experiencing their first cycle may be feelin' the dread though lol.

Hopefully, we'll be able to hold through the bear market when it hits. This is why it is important to fortify a nice savings + insurance so you don't immediately touch your BTC in case of emergency and what not.

[tabas]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

That's true, we can accumulate and have more Bitcoin now in quantity if we continue buying. But if not, those who have bought at the top needs to wait longer. What one can think of is the long term plan they have, so if they have that plan then waiting for $150k to $180k isn't a disappointment for them, they know that we'll those prices soon and all they need to do now is to continue accumulating Bitcoins. And if someone who's just short term, they're for sure have that thought of being frustrated and probably said to themselves that they should have waited longer to buy at the dip.

[Questat]

This is why we have to invest at our own risk. Make sure that if you buy at the top, you are flexible enough to manage when the price is dipping low, because that's always possible with bitcoin. And as much as possible, invest using your discretionary income, not from your emergency funds, not from your hard-earned savings. That way, you won't get panic when bitcoin price suddenly drops low, because that's part of how bitcoin moves in the market, we need to see it dipping low before it sets to its new all time high.

[Bitcoin_Arena]

Most of the time when I read about the predictions that people set out for bitcoin I sometimes wonder if they think they can perfectly predict the market. One question I normally use to ask people is why are they calling certain price as bitcoin top, for me I think every investor can actually buy bitcoin at any period they want as there is nothing yet about bitcoin top. The plan or target should be to hold for long term and this will definitely help solve the problems of short term falls. If example $150k to $180 earlier predicted will most surely come because bitcoin will grow higher just that the time for it is what is unpredictable that’s why long term is actually advised.

As for buying the dip it’s also best to know that you could buy at a price today which will have more lows again, as such buying of dip should be for short term gains because like bullish market it is also unpredictable

The problem is not just looking at long term, but how to make the best out of the long term by being calculative. Someone could choose to buy Bitcoin right now at $95K and then after 4 years of the bear market, the price climbs back up to around let's say $125K for starters. That is roughly a 32% unrealized profit after 4 years. Vs someone who waited fro a proper bear market and bought $50K somewhere in a bear market and is looking at 150% unrealized profit. Not necessarily catching the perfect deep but just doing the purchasing during the bear market because an opportunity always presents itself.

[0x000369]

honestly I get why a lot of people are disappointed buying near the top and then watching the price drop 30–35% never feels good no matter how many cycles you’ve lived through. But personally i’m not panicking Bitcoin has done this so many times before it pumps hard shakes everyone out then slowly recovers when people least expect it.

[0x000369]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?

People that bought thinking the price was going to pump will be disappointed right now, most of them are traders, and short term investors, which doesn’t even have proper knowledge. If you are having the intention to hold for long term, there is nothing to be worried about, just keep on holding and wait for bitcoin price to bounce back. If you are holding for long, then there is nothing to be worried about. I don’t know why some people do end up panicking even when there is little dip in the market.

For me the mindset is simple: if you bought with the hope of a quick breakout to 150k of course you’re frustrated right now but if you're here for the long term this isn’t really “loss” it’s just volatility doing its thing accumulating more during dips works but only if you’re mentally prepared that the dip might dip even more.

I’m just being patient and sticking to my plan Bitcoin has surprised us on the downside and upside before i’m not giving up on it just because we hit a rough patch.

[BitMaxz]

There's no good to see your portfolio shows bleeding of almost 35%. The cause could be frustration and regrets.
That is why I don't recommend buying BTC near ATH because if the price struggles to pump, expect incoming huge declines.

Most people didn't apply the simple term of "buy low and sell high."  We should look for a better opportunity to buy cheap rather than be attracted to others' opinions or analyses.

Everyone wants BTC to pump more, but we know the cycle; it's not always going to pump the same as the old cycle. We should experience declines. That is why I do recommend buying only at dip prices, but you can't spot them easily without a strategy. If you do simple support and resistance with DCA, you can spot those dips.
Only buy every time the price hits the support, and if it breaks, then wait for the next support to buy. That is, I think, way better than applying DCA; at least you are buying cheap or lower than previous highs.

[Kelvinid]

Bitcoin may definitely achieve the price of $150k-$180k but most possibly, not this year. So if you analyze it well, there's no wrong if you expect bitcoin to hit that prices because bitcoin is highly capable to make that happen. But we should know that bitcoin has already set it when its going to happen, if not this year, then most likely the following year.

The best approach we need now, stay positive and never rush to sell your coins. You will never endure real losses if you never decide to sell. Buy more bitcoin instead, especially if bitcoin price dips lower.

[JeffBrad12]

Just do DCA. I'm doing DCA, some of my buys were even near ATH but I decreased my buy size from usually though now I'm thinking of DCA ing even further since price has dipped.
There's undoubtedly feeling of regret since I can get cheaper if I buy right now but I don't really like timing the market so here i am. I'm sure the price gonna recover to $100k though.

[LDL]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

Those who decide to invest in the market do not look at the market decline and do not express disappointment. They mainly invest in the DCA method (at a high price when appropriate) and again at a low price when appropriate. They know that if the market suddenly starts to decline after investing at a high price, they enter the market at a low price.
When markets are bullish, portfolios invested during their lows recover losses from previous highs. And those who invest for a long term for a specific period of time generally do not express any disappointment with the rise/fall of prices, but rather they always remain constant.

[Perfectbaby]

Easier said than done because under certain conditions, it's hard to tell where exactly the bottom could go. For example, you try to accumulate right now but then the prices keeps plummeting to the 70's and 60's, What do you call that? More disappointment?

It means you could have to wait for another bull run to breakeven, especially if this is the start of a bear market. This is why it is very tricky buying at the top or near the all-time high.

You are right and very hard to determines where the landing place could be because most time one could be thinking x place is the last price before it would gained momentum to push above the price level, but then it keeps declining one could just feels totally disappointed because it wasn't going on their targets that is why any one who has money or spare cash can keep doing DCA till the bearish sign is over.

[Vaculin]

For beginners, the current price of bitcoin will definitely bothered them a lot. Because they are not used seeing bitcoin at a low price. However, if you have been dealing the market for long, and you have been keeping bitcoin for quite long years, you will know that this is just normal for bitcoin, sometimes the price is up, sometimes its low, that's how price fluctuations work.

If you tend to panic and sell your coins at a low price, you will clearly be at loss. But if you end up taking advantage the price of bitcoin, you will earn bigger volume of it and will surely gain decent amount of profits when bitcoin price recovers and settle at its new peak.

[michellee]

Feeling disappointed with what happens now is normal. But we can't take it too long and need to wake up and accept the reality. If you bought Bitcoin at $110k, you don't need to be sad but patient and wait for the next rise. Accumulating more Bitcoins will be good for you because at least you will decrease the average buying price. If the price increases, you will see that the value will also increase.

It will cover up the losses so you need to be patient and not panic. Let the price move anywhere but you are still accumulating more. This moment is great to buy back at a lower price. So don't complain about the price but enjoy the roller coaster.

[TravelMug]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

Of course, you don't need to ask that questions to those who have bought at the high price and thinking that it will continue to grow. But you can't blame those investors though, maybe they don't have the experience yet or they felt FOMO that time.

I guess if they wanted to exit then that is a bad idea as they are going to suffer a big lost. Maybe they could stand another 4 years and not sell right now. Then start accumulating next year when the prices continue to nose dive and then we entering the bearish market once again, there could be a lot of investors who are going to start their journey as well to stack sats and do DCA.