Still Bullish Despite about 50% fall from ATH

[Emitdama]

Still Bullish Despite about 50% fall from ATH

It makes sense, for me such thoughts are directed and promising speculation in the future.
When such speculations are ripe in our minds to invest in Bitcoin, we only think of three positive things to convince ourselves.

1. Invest by allocating cold funds when buying Bitcoin, the investment we make automatically will not interfere with our finances for living needs.
2. Invest in the DCA method by purchasing Bitcoin regularly.
3. This is what must be paid attention to, focusing on long-term investment, no matter the phenomenon of price fluctuations in the market, one long-term goal.

When such a strategy has been implemented, adopt an optimistic attitude, whatever the challenges, remain optimistic in the halving cycle which will occur every 4 years.

This strategy can be useful but let's not forget the time taken to yield profits here. Yes, a few of us are now patient because we know only patience can make us gain profits but majority of this community is filled with new and impatient investors who are looking for quick profits. These investors would hardly use cold funds because they are already expecting profits so they would prefer pouring in whatever they have just to make some profits. It is only after they wind up in loss, they realise their mistake.

People like me are always positive with bitcoins. No matter ho hard bitcoin dumps, I would still hold a fraction in my portfolio because I believe in long term growth. Your strategy might be old for people like us.

[danadc]

Investors don’t really have business with checking the bitcoin charts, what they need to focus on is them making sure that their funds are safe and they managing the funds well in their portfolio. Checking the chart is for traders who wants to analyze the market movement and not for investors. As an investor coming to invest in bitcoin, you ought to have had a grasp of the market volatile nature in such a way that a move in the market doesn’t trigger you into making decisions that will affect you in the long term. It is simple, if you’re ready for long term investment, market volatility won’t affect your stance of the market no matter how dip the market gets.

My opinion is that an investor can choose to look at the chart or not. In fact, if they care about their money, they should look at it; I would.

An investor who believes in BTC doesn't need to be convinced of anything. If the price drops, the investor simply takes advantage of the situation and buys more BTC. If it continues to fall, they do the same, but their conviction is there. Should they worry because the price drops significantly? No, it's understood that the price will eventually return to its all-time high, and perhaps even surpass its last all-time high. It's permissible to continue buying below its last all-time high.

[sotelorene]

This type of statement made by Black Rock doesn't move me anymore because after they have made this statement they will still sell their bitcoin and you won't know they sold their bitcoin unless news carries it. People shouldn't start investing in bitcoin because Black Rock says they are still bullish with their bitcoin ever since bitcoin fall after reaching a new all time high of $126,000 so that they won't be disappointed if they couldn't meet their expectations after investing in bitcoin.

You are right, there are folks here who are just waiting so patiently to hear that someone (whales) invested or purchase some amount of Bitcoin or news that some ot these folks says that Bitcoin will pump, that is their own thinking so one should not always wait for these people instead, follow your own way and do the needful and the right thing. One thing I have learned so far is that no one can control the way I perceive things especially Bitcoin I have my own bias and sentiment so if it is not inline with mine then I let go. Because these people have a big advantage as they can leverage with any amount at anytime.

[savetheFORUM]

Not just Black Rock but a lot of other institutions are yet bullish. Yes, we did see a fall from the ATH of $126k but the fall was not sudden. There were a few rejections and only after that we saw price hitting the rock bottom. We already are experiencing recovery as bitcoins have already hit $82k again so that makes me a lot more positive. I am one of those individual investors thinking a bull run is about to approach. After bad times, good times always follow so all these months when bitcoin was at the bottom, maybe it was just preparing itself to hit another ATH?

Yes, institutions like Black Rock are a long term investor so short term market movements would not really hinder their decision. But it is us, individual investors who usually panic and start selling instead of keeping faith in long term growth.

[Odusko]

https://x.com/i/status/2089704797595111926

Black Rock has taken it to the social media in claiming that they are still bullish with their bitcoin investments ever since the $126,000 all-time high fall to this day, which means that anyone that invested long time ago will definitely make more profits with Bitcoin, they will always be a market surge after every fall, imagine if blackrock continue to hold their bitcoin until next halving in 2028 or maybe beyond.

I can't imagine the number of assets lost in traditional currency due to the incidence of inflation over there economy, while challenges like this are a part of what makes everyone almost consider the use of a decentralized digital network with Bitcoin, because there will always be a certain future where what you have invested in has a value that always appreciates instead of diminishing with time.

Bitcoin is now at $72k, and the more it rises, the higher your chances.

Certainly even now that Bitcoin is 40% plus away from the previous all time high price, and for some reasons we have seen when even the price fall below 50% from Bitcoin all time high when we saw Bitcoin price declining to below $60k BTC even down to around $52,000 before the gradual recovery back to the current price where we are almost %30 for Bitcoin to reclaim back to it all time high of 2025, so black Rock is right with their Bitcoin bullish statement.

[Dreadboost]

Holding is not something everyone can handle; some people are determined to hold, but they can’t bear seeing the market drop rapidly without knowing what the cause of that drop is. They will be better off if they can operate without seeing the chart move but just invest and stay like they don’t hold any coin. Only a few who thoroughly understand the market can overcome whatever the market throws at them.

Investors don’t really have business with checking the bitcoin charts, what they need to focus on is them making sure that their funds are safe and they managing the funds well in their portfolio. Checking the chart is for traders who wants to analyze the market movement and not for investors. As an investor coming to invest in bitcoin, you ought to have had a grasp of the market volatile nature in such a way that a move in the market doesn’t trigger you into making decisions that will affect you in the long term. It is simple, if you’re ready for long term investment, market volatility won’t affect your stance of the market no matter how dip the market gets.

An investor has business with the market chart if he wants to. Well, he doesn't have to check the chart as often as traders do check the chart. Investors do check the chart to follow the market movement and stay updated. The intention of checking the chart is not to touch their portfolio to buy or sell. When investors do that, it is no longer investing. it is trading.

In brief, the three reasons why investors ought to check the chart are knowing the market trend, as I earlier mentioned. Sentiment check to know economic shifts and market direction, and lastly, investors check the market for frequent events.

[puloweh555]

If you believe in Bitcoin, you don't have to worry with the fall from ATH because you already see that from a long time before. It is Bitcoin nature, up and down will always be like that so you know how anticipating the fluctuation. You don't have follow others saying because they don't know the truth about the future because Bitcoin future is uncertainty but with the popularity that still rising, Bitcoin will have a bright future.

Bitcoin is now at $84k and no one where the price will go. But that should not makes us worry because we could prepare from now for anything.

Having a mindset towards Bitcoin like the one you mentioned is indeed very appropriate for anyone who truly believes in Bitcoin as a long term asset. The ups and downs in Bitcoin volatility are an inseparable part of Bitcoin from the start and history shows that a 50–60% drop from the ATH has happened multiple times, but we can also see that Bitcoin always manages to recover and even hit new ATHs in each cycle.

The current price of bitcoin is indeed far below its previous ATH, but staying calm and ready to face fluctuations is actually more valuable than just following other people's opinions which are often just speculation. What's important is to stay focused on bitcoin fundamentals and trust in its growing adoption. The main takeaway right now is that even though BTC has dropped far from its previous ATH, every halving has always created a new ATH and history so far gives long-term optimism for most investors. As long as we understand this temporary drops shouldn't affect our confidence in bitcoin.

[MusaPk]

An investor has business with the market chart if he wants to. Well, he doesn't have to check the chart as often as traders do check the chart. Investors do check the chart to follow the market movement and stay updated. The intention of checking the chart is not to touch their portfolio to buy or sell. When investors do that, it is no longer investing. it is trading.

In brief, the three reasons why investors ought to check the chart are knowing the market trend, as I earlier mentioned. Sentiment check to know economic shifts and market direction, and lastly, investors check the market for frequent events.

There is nothing wrong in checking the price on daily basis because it lets you understand how prices are fluctuating and that will help you in making investment decisions in future. If you are not continuously updating yourself with price of Bitcoin then you won't be able to understand the volatility associated with Bitcoin price. Trading is different domain and its mandatory for trader to keep watching the market all the time. This is the reason hassle and stress is more in trading as compared to investment.

[M47AK16]

If you believe in Bitcoin, you don't have to worry with the fall from ATH because you already see that from a long time before. It is Bitcoin nature, up and down will always be like that so you know how anticipating the fluctuation. You don't have follow others saying because they don't know the truth about the future because Bitcoin future is uncertainty but with the popularity that still rising, Bitcoin will have a bright future.

Bitcoin is now at $84k and no one where the price will go. But that should not makes us worry because we could prepare from now for anything.

For long term investors, yes, but there are a traders here in our  community that might be really concern on short term prices. That's why the moment the price goes down, they are very much concern about it as they can't squeeze profits.

However, majority here doesn't trade or at least find it difficult to do because you have to spend a lot of your time and you need to learn technical analysis so that you can read the graphs and anticipate where the price will go to make profits.

I think majority of us are looking for short term profits. Only a few are actually holding their bags for years. Yes, institutions are definitely holding their bags but if we consider individual investors, they hardly have the required patience. Many of these investors would be targeting short term profits and yes, a lot of those actually even achieve those profits but there are a few who fails. I think short-term investments is not their piece of cake if they keep failing and such investors should consider long term opportunities.

Market fluctuations would always be there and that also makes a lot of us anxious. The amount of anxiety would be way higher if we are one of those short-term traders. I don't like being anxious so I prefer long-term investments.

[passwordnow]

There is nothing wrong in checking the price on daily basis because it lets you understand how prices are fluctuating and that will help you in making investment decisions in future. If you are not continuously updating yourself with price of Bitcoin then you won't be able to understand the volatility associated with Bitcoin price. Trading is different domain and its mandatory for trader to keep watching the market all the time.

It has been part of the system of every holder that we get to check the price updates daily. I think it's even more often when we first started holding bitcoin because of excitement. For the newbies to understand the volatility part, they'll have to do it but it's not a requirement. Just understanding why the price fluctuates too much will give them the idea of what they're having.

This is the reason hassle and stress is more in trading as compared to investment.

I agree, that's because they have to profit in a specific period of time. While the investors, letting it be and come what may happen for as long as they're holding in the long term.

[Finebone]

There is nothing wrong in checking the price on daily basis because it lets you understand how prices are fluctuating and that will help you in making investment decisions in future. If you are not continuously updating yourself with price of Bitcoin then you won't be able to understand the volatility associated with Bitcoin price. Trading is different domain and its mandatory for trader to keep watching the market all the time.

As a bitcoin investor, you have no business monitoring the chart because it's an unhealthy practice that will not lead you anywhere.  It's not right to be checking the price or monitoring the Bitcoin price chart every day because it may compel you to sell of your investment in panic, if their is a massive dip in the market. Moreover, it's most traders that are looking on making quick profit in the market that should be doing that, not an investor that is in buying and holding for long.

[Smack That Ace]

There is nothing wrong in checking the price on daily basis because it lets you understand how prices are fluctuating and that will help you in making investment decisions in future. If you are not continuously updating yourself with price of Bitcoin then you won't be able to understand the volatility associated with Bitcoin price. Trading is different domain and its mandatory for trader to keep watching the market all the time.

As a bitcoin investor, you have no business monitoring the chart because it's an unhealthy practice that will not lead you anywhere.  It's not right to be checking the price or monitoring the Bitcoin price chart every day because it may compel you to sell of your investment in panic, if their is a massive dip in the market. Moreover, it's most traders that are looking on making quick profit in the market that should be doing that, not an investor that is in buying and holding for long.

I don't agree. There is nothing wrong with checking BTC price daily. Long term investor need to keep up with market structure, and capital flows, and macro trend...Longterm doesn't mean you buy Bitcoin and then tune out everything else.

If every Bitcoin dump makes you panic and wanna sell. That's a psychology and risk management problem, not a chart watching problem.

Not following the market doesn't automatically make you a disciplined long term investor. It just means you are choosing to turn a blind eye to what is actually going on.

[Free Market Capitalist]

There is nothing wrong in checking the price on daily basis because it lets you understand how prices are fluctuating and that will help you in making investment decisions in future. If you are not continuously updating yourself with price of Bitcoin then you won't be able to understand the volatility associated with Bitcoin price. Trading is different domain and its mandatory for trader to keep watching the market all the time.

As a bitcoin investor, you have no business monitoring the chart because it's an unhealthy practice that will not lead you anywhere.  It's not right to be checking the price or monitoring the Bitcoin price chart every day because it may compel you to sell of your investment in panic, if their is a massive dip in the market. Moreover, it's most traders that are looking on making quick profit in the market that should be doing that, not an investor that is in buying and holding for long.

I don't agree. There is nothing wrong with checking BTC price daily.

Of course there is nothing wrong with it. Especially when it takes seconds to check it. Every day I check the price of Bitcoin, and during the week I check the U.S. stock market, since I have money invested there. Even though I'm a long-term investor, I see it as a form of entertainment—and because it costs me nothing: just two clicks on my phone, and in a second I have the price.

As for being bullish, I understand the argument that it’s because Bitcoin is establishing itself as an alternative asset, but that’s no longer in question. It’s part of the financial world, and reports on Bitcoin appear alongside those on traditional finance in newspapers, as well as being covered on television and the internet just as one might discuss the S&P 500 or gold.

As for the price, I’m not very bullish. I’m certain that the price will continue to rise in the long term, and that one day it will reach one million dollars, but it’s not the same whether that happens in 2030 or 2050—and no one knows for sure (though 2030 seems too soon).