ATH

ARoundForEveryone

>SOL flips ETH No. >SHIB catches DOGE and they have a dog fight *looks up market caps...* Sure, this could happen. >The “Big” dip (>33%) This will happen (again), but will it happen before any of these others? Probably not. Before *all* of the others? No F'ing way. >A Trump meme coin enters top 100 Crazier things have happened...like a dog meme coin being in the top 10, and a meme-of-a-dog-meme-coin being just outside the top 10. Meta-meme-coins...if there's a place for that, even temporarily, then a memecoin based on a real person could surely crack the T100. Especially someone memeable and whose public image goes hand in hand with "money" (and lack thereof - bankruptcy). >Another country/sovereign wealth fund publicly announces BTC purchases My money would be on this one, if it wasn't for... >BTC reaches ATHs Soon, I hope, and believe. Our ATH was just six weeks ago. It's never a straight line up, and a pullback or two, even for six weeks at a time, can be (and have been) part of a bull run. >Mr 100 is Elon Had to Google this. No idea who it could be, and it might be Elon, but it could be any of a million billionaires or any of a million companies or any of a hundred shady cabals. So I'm not gonna bet on this one.

fishnislife

Mr 100 is Michael Kim of Korea or Upbit exchange itself off setting its own holdings. BTC will need to reach ATH’s for any of the others to happen. And Doge nor ETH will NOT be flipped I think Boden or Tooker would be political memes that can reach top 100 And the 33% “BIG” dip is just par for the coarse. Expect it and plan for it. BTC ATH is my guess

bobbyv137

As you pointed out, in some ways each cycle is the same, yet objectively every cycle 'is different' as with each passing year Bitcoin matures, and with each halving it becomes more scarce in terms of issuance. It's very hard for anyone to accurately say what's going on. I think the 'new ATH before the halving' bullish narrative has turned out to be a damp squib. One could argue if we apply the inflated money supply, it barely made an actual true ATH. In terms of price behaviour, it's simply mirrored the TradFi indices in the SPX and Nasdaq. So, despite what many would claim, the two (Bitcoin and TradFi) remain highly correlated. I follow a trader with decades of experience on YT. He points out the market has NEVER bottomed before a recession. Also, the data objectively shows the market dumps AFTER the Fed pivot and cut rates. And we also know that [it's typical to see massive drawdowns, even in a bull market](https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59) (that chart doesn't work on mobile). Inflation is still running how. The suggestion of 4 (or more) rate cuts this year now looks unlikely. But we do know they will certainly cut at some point. If we apply the historical pattern of the 4 year cycle, then we know the real gains in price action happen about 6 months after the halving. I think you're going to see some erratic moves between now and the end of the summer. Ultimately however I expect the Fed to cut, more printing to ensue, and a 'blow off top' to happen sometime in 2025. What I think is all but guaranteed not to happen is the obscene numbers many people thrown around of $300k to even $1m, in this cycle. I'll be surprised if it tops $200k.

OderWieOderWatJunge

The second ATH in 2021 is quite the same. Slightly higher and people were expecting 100k. I know your examples are valid, but nobody can predict that this time will be one of those examples

Vipu2

So if you had chance to buy at these [examples market with arrows](https://i.imgur.com/JJcsbKn.png), would you have waited for those 60% dips to buy more? Surely you would have because it was near ATH at that point. That is why time in the market > timing the market, because it makes small difference in long run compared to if you keep waiting for "good opportunity" but when you miss the opportunity then you cant gain that back. If next week something big happens that BTC goes to 500k+ and wont come back down again its gonna be very small difference if u bought at 60k or at 40k compared to if you didnt buy at all and missed that train.

swampjester

The ATH ten years ago was \~$1200, and remained that way until 2017.

escodelrio

Historical Bitcoin prices for today, May 5th: 2024 - $63,701 2023 - $29,513 2022 - $36,544 2021 - $57,441 2020 - $9,001 2019 - $5,775 2018 - $9,854 2017 - $1,508 2016 - $448 2015 - $236 2014 - $431 2013 - $116 2012 - $5.1 2011 - $3.30 **Additional Stats:** Bitcoin's current market cap is $1.25 trillion. Bitcoin's current block height is 842192; with the average block time for the last 7 days being 10.53 minutes. There are currently 19,923 reachable Bitcoin nodes. Bitcoin's average daily trading volume for the last 7 days is 92,767 ₿. Bitcoin's average daily number of transactions for the last 7 days is 504,342. Bitcoin's average daily hashrate for the last 7 days is 600 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 05-May-2024 is $11,273. Bitcoin's average daily price for the year 2024 is $56,818. 1 US Dollar ($) currently equals: 1,570 satoshis; making 1 penny equal 15.7 sats. There are currently 19.69M ₿ in circulation, leaving 1.31M to be mined. There are currently 2.51M ₿ held by companies, governments, DeFi, and ETFs, representing 12.72% of circulating supply. There are currently 53,951,275 nonzero Bitcoin addresses. Bitcoin's current block reward is 3.125₿, which is worth $199,066 per block. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 17-Apr-2028; the block reward will fall to 1.5625₿. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 13.62% from the ATH.

Dazzling_Marzipan474

Greed will ruin you. Every single person said to DCA out. But I didn't hear a single person taking any profit when Bitcoin hit an ATH. Everyone says you can't time the market and is currently trying to time the market. Everyone says $150k-$200k BTC. ETH $10k. People never learn.

btctrader12

So you bought when it was down 60% from the ATH at a particular price point once, and now think it’s generally a good indicator? What if it went 50% down from ATH and continued to go back up? You would have missed out

Own_Dinner8039

I've been thinking about this. In general you're better off just DCAing. Because of taxes and fees you have sell your Bitcoin for ~$10k higher value than what you reinvest 85% of your Bitcoin in order to gain enough extra Bitcoin for it to be worth it. Bitcoin is very volatile so it's possible to buy low and sell high, even if you don't hit every peak and ebb. For me, however, I would wind up getting confused with too many transactions and wind up eventually losing a lot of money. Or, knowing my luck, I take a good portion out during an ATH, and then two days later Bitcoin's value 100x. The temptation to trade Bitcoin actively is there, but for myself at least, I MIGHT sell a portion in a few months during the peak of halving and then DCA my reinvestment while keeping up with my current DCA cadence. That way it's like I got a Bitcoin dividend, and paying the capital gains tax won't be as depressing in the future when we reach my ultimate "out".

OderWieOderWatJunge

I bought when Bitcoin was down 60% from the old ATH. That's a pretty good indicator. Now we're near the old ATH again

mrpotatonutz

I had a notification set all last month when it dipped below 62k I bought then it dipped low and I really scraped the barrel and bought again. I try hard to make sure I have what I need + a cushion so I’m not forced to liquidate in an emergency. I was exited when it dropped to 55 there will be huge red days and huge green days and Btc always hits a new ATH only the timeline is unknown. I don’t get messing with futures it literally always surprises everyone

LastMinuteDave

That is not at all what I mean. Kendu isn't something you look hour to hour. That's how you lose money. I'm talking in the span of months. We're NOT STOPPING in growth. In the past month we've been grow holders steadily. The snowball will commence eventually, and that's very likely when ETH season is here about a year to a year and a half right now, should post-halving ATH trends continue from past bull cycles.

ieatvegans

Why sell at ATH when you can sell at a loss instead?

Simke11

People thought that it will never go below previous ATH during bear, yet it happened.

boathouse_floats

AI and ChatGPT told me to buy Kendu at $2M MC because Shib Dev, Shytoshi is publicly following on Twitter. Now it hit ATH of $12M.....We still early!

boathouse_floats

1) Before my shill, I'll doxx myself for this post so you know I'm not camped out in a mud hut outside Mumbai. (not that there's anything wrong with that, providing the mud-hut dwellers intentions are good...) I've been in the space since 2016, I've made millions and roundtripped millions, multiple times. What's more important is that I've made a lot of very powerful friends and connections from DeFi whales to VCs to memecoin market movers. I was always a utility/DeFi guy until I had the harsh realisation that precisely zero people actually give a fuck about utility. Memes, in my opinion, are going to absolutely crush this cycle. Don't have time to write my theses on this but retail is not going to dive into LSTs or Eigenlayer re-re-staked Eth or utility plays. They're just not. Even the people who have been through two cycles don't care. Last cycle retail came for NFTs because they're accessible, and this cycle it will be memes because they're already showing that they can outperform the rest of the market AND they're hyper-accessible. Luckily, I have quite possibly the greatest meme alpha source in the world as a friend. 2) So, about this friend. Let's call him "John". He's a day-1 Shib OG who autistically held and was part of the entire Shib journey. Turned $1500 into $60m+ at ATH and realised a lot of it. I unfortunately hadn't met him at that point, but was fortunate enough to meet him through another friend afterwards. We have a small closed group with about 8 of us in it, all with various connections and strengths. John is one of those friends where if he pastes a CA in the chat you can just APE. If he says jump, we ask how high. He never ever misses or gives a losing play. He's given us multiple 100xs and several 20-50x+s. GFY at $50k -> straight to $27m, KOYO at $50k -> straight to $26m, etc etc. Now this time, he warned us MONTHS in advance to prepare for a launch because he had big big BIG alpha. He called it "retirement alpha" and said things like "this is your retirement, I'm not fucking around" etc. Kendu Inu is my horse. My grand-national roided up winner this cycle. And I'm always going to have skin in the game. Here's what's innovative and public: - Stealth launch, no KOLs with supply, no backroom deals or OTC (despite numerous offers) - Shytoshi Kusama (project lead for Shib) followed from 300 followers - Dev and Shytoshi are close friends - Dev is a genuine giga-chad multi-millionaire who has ran several projects to 100m+, last was 400m+ (can't disclose which) - Kendu Inu is the devs last project, his Magnum Opus. He's never used voice before, now he has twice-daily community calls. - Shytoshi will have a role in the project, they are waiting for the timing to be right in the markets and to reach certain levels of traction organically before the reveal - I have it on good authority that when it is revealed and when he does come in, he will be HARD shilling Kendu. Love him or hate him, he's a top-50 most influential person in crypto, a few steps below the magic money skeleton Vitalik himself. He ran Shib up to tens of billions. - There has been hints at a certain future project to project partnership (Can you guess what it might be given who is involved?) - Actual project details/roadmap are not public yet, for now, it's all building the community strength and winning ethos. - 3 top 10 exchanges are lined up for when the time is right via warm intros - Gate, Kucoin, OKX

Hopeful-Estate-4063

Yea, OP should divorce him now in time to cash out when BTC goes ATH next November. Walk away from the marriage with the crypto undisclosed.

digitalgoodtime

Correction: 300x + from ATH

OderWieOderWatJunge

Doge is still down 78% from its ATH btw 😥🐶

OderWieOderWatJunge

>Tops happen 15-18 months after the halving. It happened only 3 times, that's not very much. Remember when they said that Bitcoin never drops below the old ATH?

LaserGuy626

The only real concern is the most recent ATH is barely above what it was in 2021. What if the real ATH this year is 90-120k? You never know...

OGconsult

Compared to what? It’s below not only the last ATH but also the ‘21’s.

LaserGuy626

Knowing the history of Bitcoin. There's usually an ATH like recently... then a dump, followed by another near ATH ( bull trap), then a slow decline to about 40-50% of ATH. Now a good time to take profits.

OderWieOderWatJunge

True. I'm just not sure that it will go on forever. There will be a last ATH

Murky_Resist_2888

Chef curry is going to the fucking MOOOONNNN. It’s dropped today because one of the big holders sold causing chaos but it’s back settled so perfect time to buy before it explodes again. It previously hit an ATH 11 days in a row! GET IN NOW BEFORE WE LAND ON THE FUCKING MOON

HamsterDunce

We smashed through that resistance yesterday. And now we will show everyone why that grind for the past month was worth it. The solid base of holders are going to lift this to a new floor above previous ATH. I can feel it.

krakensupport

Hey u/alien3d 👋 The Order Book represents the buyers and sellers on our platform, with price movements reflecting our clients' interests. Prices may differ on other exchanges based on their client activity. Savvy traders can capitalize on these price disparities for their advantage! May Satoshi bless our portfolio with gains as heavenly as a Bitcoin ATH! 🙏🚀 Hugs, Harley from 🐙

escodelrio

Historical Bitcoin prices for today, May 4th: 2024 - $63,893 2023 - $28,842 2022 - $39,688 2021 - $53,742 2020 - $8,875 2019 - $5,831 2018 - $9,709 2017 - $1,517 2016 - $446 2015 - $239 2014 - $436 2013 - $113 2012 - $5.1 2011 - $3.40 **Additional Stats:** Bitcoin's current market cap is $1.26 trillion. Bitcoin's current block height is 842048; with the average block time for the last 7 days being 10.54 minutes. There are currently 19,465 reachable Bitcoin nodes. Bitcoin's average daily trading volume for the last 7 days is 99,179 ₿. Bitcoin's average daily number of transactions for the last 7 days is 474,728. Bitcoin's average daily hashrate for the last 7 days is 599 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 04-May-2024 is $11,262. Bitcoin's average daily price for the year 2024 is $56,763. 1 US Dollar ($) currently equals: 1,565 satoshis; making 1 penny equal 15.65 sats. There are currently 19.69M ₿ in circulation, leaving 1.31M to be mined. There are currently 2.51M ₿ held by companies, governments, DeFi, and ETFs, representing 12.72% of circulating supply. There are currently 53,881,889 nonzero Bitcoin addresses. Bitcoin's current block reward is 3.125₿, which is worth $199,665 per block. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 17-Apr-2028; the block reward will fall to 1.5625₿. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 13.36% from the ATH.

CointestMod

#Bitcoin Con-Arguments Below is an argument written by Nostalg33k which won 3rd place in the Bitcoin Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # Bitcoin, could it be wrong. "Are we the bad guys ?" > > ​ > > In this small write up, I am going to delve into con-arguments against Bitcoin. Bitcoin is the flagship of cryptocurrencies but there are a lot of criticism that could be leveraged against Bitcoin. First of all, let's delve into a small presentation of Bitcoin. > > # Bitcoin: An introduction. > > Bitcoin is the biggst cryptocurrency. It was created by a mysterious figure. The creation of Bitcoin is a strange and mysterious mystery. No one knows who created Bitcoin. > > Bitcoin was started as a way to circumvent traditional banking. Bitcoin relies on blockchain technology. Blockchain can be seen as an open book allowing anyone to know where is each fraction of Bitcoin ever. > > This blockchain is maintained through computer power. In a vulgar way: Bitcoin is mined by solving math problems. The maths problem becomes harder when more people are mining so that mining takes a fixed amount of time according to a timeline known to everyone. In order to respect this timeline, mining rewards are halved every few years. > > Since anyone who wants to validate transactions is forced to complete a very hard math problem (which becomes harder the more people are mining), no one can cheat in new transactions. Also, every other miner has a copy of the blockchain. Through making sure that no entity has 50% of the mining, you can stop nefarious actors from changing the blockchain. > > This is using cryptographic technology that I don't yet understand but you can read more about it here: > > Bitcoin Wikipedia > > Without delving more into the tech side of bitcoin. Which can also be explained through youtube videos here: Bitcoin explained > > The Metrics of Bitcoin are currently: 22400$ Per coin for a Market cap of 430 Bilions and a daily volume of 19 Billions. Bitcoin was shortly valued at 69000 usd during the ATH. > > Now let's dive into what is making Bitcoin so bad. > > # Permissionless: A senseless destruction of world order. > > Bitcoin is a project existing in a very delicate world balanced by power structure. While we can be happy that the current top dog is the US (yes they are not perfect BUT they could be worse) we know that someone else could be on top. Despite that, we should strive to use the current US dominance to curb rogue states into the world order. > > The current war in Ukraine is a demonstration of the world order crumbling to maintain itself. I'd argue, the rise of cryptocurrencies may be a part of this crumbling. In fact, I'd go as far as to say that, Bitcoin replacing the US Dollar would usher a chaotic age of international relation. > > The world has shrank a lot since the rise of internet. The fact is that the stability of the world is much more precious than ever. Everyone can see what happens in any other country and how the supply chains which guarantee our comfort are of the utmost importance. YET, we are pushing forward a great disrupter of balance. > > Permissionless can help terrorists, permissionless can help crime. YES traditionnal banking is doing it already BUT I'd argue that the absence of regulator and watchdog to make the current system comply is not an argument in favor of a tech which will make regulation and surveillance harder. > > # Bitcoin: This MONEY Doesn't Work, This Money Doesn't WORK. > > Bitcoin is claiming to be a currency. A viable alternative to fiat money. But anyone with a neuron or two could realize that the fluctuation in the value of Bitcoin is crazy. Some pedentic nerd and bitcoin maximalist could argue that 1 BTC = 1 BTC BUT if you don't know how much you'll need to put food on the table then BTC is not working as a currency. Yes inflation is lowering the value of Fiat BUT fiat doesn't see wild swings of + or - 30 % in most economies. > > While not being really MONEY I'd argue that Bitcoin doesn't WORK. To work the economy needs money to move. 100$ could buy groceries then be used to pay the local brewery, the butcher and many more people before going back to a bank account. This movement has created economic vitality. Bitcoin, most of the time, is seen as an investment vehicle such as gold. I'd argue that these vehicle are not valuable for society since the freeze money in place. > > In a bank, your money is working. Instead of Bitcoin, people should be paid more by banks to put their money in investment portfolios since these provide the liquidity necessary to make the economy work. > > ​ > > # Bitcoin: A very big spending of energy. > > ​ > > Bitcoin is a project which is wasting a lot of ressource for something which is not making a lot of sense. While Bitcoin is using more and more green energy, I'd argue that it is still a big waste. Subsidies could prop up the green sector far better than the mining farms that go with windfarms. > > Seeing Bitcoin as one of the biggest leverage of the green sector is a non-sense. Optimization of the energy sector means that the variable production should allow to reduce the use of fossil energy. Not allow to waste energy in a senseless project. > > ​ > > # Conclusion: The harsh truth is, we may be the bad guys. > > Partaking in an economic sector which allows for a disruption of world order, which doesn't help the economy and which is wasting energy may not be beneficial. This is why Bitcoin should not be seen as a messiah of economic proportion but as something which should raise criticism and should be heavily regulated. > > Good luck in your investments. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/100p7u8/top_coins_bitcoin_conarguments_january_2023/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1cjmywo/daily_crypto_discussion_may_4_2024_gmt0/).

flossanotherday

The thing to keep in mind, there will be drawdown events just like this one on way up. We reached ATH 73k, omg its over, sell but not really. We have reached 100k, a lot of people in profit, omg this is the peak, change of hands profit taking, omg it reached the conservative prediction of 125-150, its over. Its 210-250, must be end this time. Remember each time there is a new set of entrants at each stage. If you are in this long term the above doesn’t matter to you.

JochWills

1.4M Market Cap ATH in just 4 days CTO

1Lost_King1

Looks like ATH is days away

quintavious_danilo

The better idea would be to buy in a crypto winter and not solely during some small dips close to the ATH.

UpstairsAide3058

You’re not serious right? We’ve barely kissed the previous ATH.

moemonies1

They definitely are. One of the many reasons there are huge price swings is because of whales dumping their crypto on the market. Other thing wary about is theres a pattern. And in a way thats dangerous also. Bad actors can easily use that information. The difference in this halving was that btc hit its ATH before the halving event. Which is very very unusual. Could it be that a pattern was seen, and whales decided ok lets ramp it up and make it go to its ATH before the halving? Idk, but is a possibility. All im saying a pattern developing every 4 years is not a good thing either. Even after btc had hit its ATH, which happened before the halving, than it goes to 64-66k mark. So many people on the forums posting about purchasing btc at 64-66k mark in the hopes during halving and after, btc will go to 70k+ again. But it didnt. So haha very interesting to see schizophrenic behavior, i guess...? lol. One moment, large institutions are evil they manipulate money and keep us imprisoned. And than 2 mins later, ohhh yayyy!! This large investor is supporting BTC and buying it!

CointestMod

#Bitcoin Con-Arguments Below is an argument written by Nostalg33k which won 3rd place in the Bitcoin Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # Bitcoin, could it be wrong. "Are we the bad guys ?" > > ​ > > In this small write up, I am going to delve into con-arguments against Bitcoin. Bitcoin is the flagship of cryptocurrencies but there are a lot of criticism that could be leveraged against Bitcoin. First of all, let's delve into a small presentation of Bitcoin. > > # Bitcoin: An introduction. > > Bitcoin is the biggst cryptocurrency. It was created by a mysterious figure. The creation of Bitcoin is a strange and mysterious mystery. No one knows who created Bitcoin. > > Bitcoin was started as a way to circumvent traditional banking. Bitcoin relies on blockchain technology. Blockchain can be seen as an open book allowing anyone to know where is each fraction of Bitcoin ever. > > This blockchain is maintained through computer power. In a vulgar way: Bitcoin is mined by solving math problems. The maths problem becomes harder when more people are mining so that mining takes a fixed amount of time according to a timeline known to everyone. In order to respect this timeline, mining rewards are halved every few years. > > Since anyone who wants to validate transactions is forced to complete a very hard math problem (which becomes harder the more people are mining), no one can cheat in new transactions. Also, every other miner has a copy of the blockchain. Through making sure that no entity has 50% of the mining, you can stop nefarious actors from changing the blockchain. > > This is using cryptographic technology that I don't yet understand but you can read more about it here: > > Bitcoin Wikipedia > > Without delving more into the tech side of bitcoin. Which can also be explained through youtube videos here: Bitcoin explained > > The Metrics of Bitcoin are currently: 22400$ Per coin for a Market cap of 430 Bilions and a daily volume of 19 Billions. Bitcoin was shortly valued at 69000 usd during the ATH. > > Now let's dive into what is making Bitcoin so bad. > > # Permissionless: A senseless destruction of world order. > > Bitcoin is a project existing in a very delicate world balanced by power structure. While we can be happy that the current top dog is the US (yes they are not perfect BUT they could be worse) we know that someone else could be on top. Despite that, we should strive to use the current US dominance to curb rogue states into the world order. > > The current war in Ukraine is a demonstration of the world order crumbling to maintain itself. I'd argue, the rise of cryptocurrencies may be a part of this crumbling. In fact, I'd go as far as to say that, Bitcoin replacing the US Dollar would usher a chaotic age of international relation. > > The world has shrank a lot since the rise of internet. The fact is that the stability of the world is much more precious than ever. Everyone can see what happens in any other country and how the supply chains which guarantee our comfort are of the utmost importance. YET, we are pushing forward a great disrupter of balance. > > Permissionless can help terrorists, permissionless can help crime. YES traditionnal banking is doing it already BUT I'd argue that the absence of regulator and watchdog to make the current system comply is not an argument in favor of a tech which will make regulation and surveillance harder. > > # Bitcoin: This MONEY Doesn't Work, This Money Doesn't WORK. > > Bitcoin is claiming to be a currency. A viable alternative to fiat money. But anyone with a neuron or two could realize that the fluctuation in the value of Bitcoin is crazy. Some pedentic nerd and bitcoin maximalist could argue that 1 BTC = 1 BTC BUT if you don't know how much you'll need to put food on the table then BTC is not working as a currency. Yes inflation is lowering the value of Fiat BUT fiat doesn't see wild swings of + or - 30 % in most economies. > > While not being really MONEY I'd argue that Bitcoin doesn't WORK. To work the economy needs money to move. 100$ could buy groceries then be used to pay the local brewery, the butcher and many more people before going back to a bank account. This movement has created economic vitality. Bitcoin, most of the time, is seen as an investment vehicle such as gold. I'd argue that these vehicle are not valuable for society since the freeze money in place. > > In a bank, your money is working. Instead of Bitcoin, people should be paid more by banks to put their money in investment portfolios since these provide the liquidity necessary to make the economy work. > > ​ > > # Bitcoin: A very big spending of energy. > > ​ > > Bitcoin is a project which is wasting a lot of ressource for something which is not making a lot of sense. While Bitcoin is using more and more green energy, I'd argue that it is still a big waste. Subsidies could prop up the green sector far better than the mining farms that go with windfarms. > > Seeing Bitcoin as one of the biggest leverage of the green sector is a non-sense. Optimization of the energy sector means that the variable production should allow to reduce the use of fossil energy. Not allow to waste energy in a senseless project. > > ​ > > # Conclusion: The harsh truth is, we may be the bad guys. > > Partaking in an economic sector which allows for a disruption of world order, which doesn't help the economy and which is wasting energy may not be beneficial. This is why Bitcoin should not be seen as a messiah of economic proportion but as something which should raise criticism and should be heavily regulated. > > Good luck in your investments. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/100p7u8/top_coins_bitcoin_conarguments_january_2023/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1cjmywo/daily_crypto_discussion_may_4_2024_gmt0/).

Odd-Following-247

Ok like this is clear…. It is obvious that the next ATH will be over 500k and the next bottom of bear market 90k or so

gowithflow192

Start DCAing out after we hit ATH again. You could DCA out 5% for every 10k climb. Even if BTC doubles in price you will have more than half your stack left (which will have doubled in price).

Dish_Naive

I Buy 10 dollars a week to add to the 3/4 coin I bought at the top in Nov 2021. Took a little profit at the recent ATH. Stateless money is the only money.

BanzaiKen

ETH also underperformed BTC significantly and its ATH was over 2 years ago with Solana. If its riskier than boomercoin with a worse year return, why are we talking about it again? This is also ignoring the mountain of evidence pointing and Morgan Stanley publishing a report backing Steve that four companies own 66% of the validators and that China owns 80% of all miners thru Wangxiang. This is a ton of risk for not alot of pay back. You might as well invest in DOGE at this point because ETH is an institutional shitcoin.

DrSpeckles

It’s kind of interesting though if people who played with etf for their super funds etc at ATH have decided maybe it wasn’t such a good idea. If the ETFs were a big driver of increase (much more than the dud of a halving) then selling out might see a similar impact.

tarheels1010

For those new… our ATH is 0.28.. we’ve been consolidating nicely in the .4-.6 range for about 3 weeks now. With btc starting to run… it’s only a matter of time before that trickles down… you’ll have your choice of coins to invest in… take a look at powsche. We’ve continually developed our platform, our community is knowledgeable. We have our milestones. Take a look for yourself

Alert_Worry_3009

crypto jon is also a solid ass tuber who has had some insane calls including arcblock which i bought into bc of him which just hit new ATH tday

Successful_Taro8587

Why at ATH?

XRP_SPARTAN

These are all very specific arguments that don’t mean much. 1) ok elon came along and what? 2) yes that’s true it did perform poorly in the second half of 2021 but this feels cherry picked. Zoom out and it’s one of the few coins that make a new ATH every cycle. Also look at doge/btc chart. 3) and despite the horrendous inflation rate, it outperforms the vast majority of altcoins over the long run. It saddens me that a doggy token is even in the top 10. But it’s just the truth. The price action of doge is very special.

PrestigiousAd9825

My plan is a lot simpler than that and seems to be the best compromise when simulated against previous cycles: 1. You wait until 15 months after the halving (I’m skeptical on 17 months as COVID was a black swan event) 2. Take note when a new ATH is set. 3. Wait 7 days if no new ATH is set, reset the timer if a new one is set. 4. When the 7 days pass, divide your BTC into two halves. Get rid of the first half in 7 days. Get rid of the second half in the next 23 days. If you do this and then do the inverse when a new cycle low is set about 12-13 months after that, even after taxes you should still be gaining about 2.5-3x the BTC you invested in each cycle.

Objective_Digit

> It's definitely better, knowing Bitcoin's security budget issues, plus the ability of staking. Ethereum? ETHBTC is down 60% from its ATH. Saylor thinks there's no second best.

Intelligent_Wheel522

I get one every time we hit ATH.

KeepTruthAlive

my average price is .48c i don't need it to hit ATH.

Life-Duty-965

It always drops every ATH. I guess we're all still a bit bullish, that's the nature of bull runs, but in a few months it will seem obvious. It always does.. It ramped. It fell. I sold the ATH and I'll wait for the price to settle. Sooner or later it will hover at whatever for a few months and that's when my buys will kick in. If you're going to try timing it then do it properly. If you think timing is a mugs game (reasonable) and are holding out for the 100x in 10 years or whatever then just DCA.

Life-Duty-965

It always drops every ATH. I guess we're all still a bit bullish, that's the nature of bull runs, but in a few months it will seem obvious. It always does.. It ramped. It fell. I sold the ATH and I'll wait for the price to settle. Sooner or later it will hover at whatever for a few months and that's when my buys will kick in. If you're going to try timing it then do it properly. If you think timing is a mugs game (reasonable) and are holding out for the 100x in 10 years or whatever then just DCA.

FixedGearJunkie

I mean it kinda is almost there. I know few folks who have 60k sitting around they would be comfortable risking on "fake internet money". But many of the people I know assume I'm a psychic millionaire because I told them to put in a few hundred bucks in 2014 after the MTGOX debacle. Humans are funny. They see something going down and assume it is dead. Im dreading the next ATH when all my friends go "all in" only to get wrecked in the eventual next bear market. Oh well.

vremains

I'm talking about the last halving cycle. It was 68k in 2021. 73k is the current ATH in this cycle.

_BannedAcctSpeedrun_

Dogecoin goes up in the long run? Lmao just stop. * Doge was worthless for the first 7 years of its existence until Musk pumped it up for a few months in 2021 and then it dumped. * Doge has never followed the btc bull market cycle and never recovered in Fall of 2021 while bitcoin and others were setting a new ATH. * Over 14,400,000 new doge are minted per day. That’s over 5.2B per year, and more than 15 BILLION new doge since 2021 when the price rallied. It’s one of the most inflationary shitcoins around and people actually hold it waiting for a new ATH despite the amount of money it would take to happen. * [Just look at this chart. Classic pump and dump scenario and you think it’s long term hold ffs.](https://imgur.com/a/IMk61k7)

seqlmao

Eth is not seeing another ATH this cycle.

escodelrio

Historical Bitcoin prices for today, May 3rd: 2024 - $61,026 2023 - $29,024 2022 - $37,718 2021 - $57,170 2020 - $8,886 2019 - $5,767 2018 - $9,750 2017 - $1,486 2016 - $450 2015 - $240 2014 - $439 2013 - $98 2012 - $5.1 2011 - $3.40 **Additional Stats:** Bitcoin's current market cap is $1.20 trillion. Bitcoin's current block height is 841916; with the average block time for the last 7 days being 10.49 minutes. There are currently 19,630 reachable Bitcoin nodes. Bitcoin's average daily trading volume for the last 7 days is 88,427 ₿. Bitcoin's average daily number of transactions for the last 7 days is 474,672. Bitcoin's average daily hashrate for the last 7 days is 601 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 03-May-2024 is $11,252. Bitcoin's average daily price for the year 2024 is $56,691. 1 US Dollar ($) currently equals: 1,639 satoshis; making 1 penny equal 16.39 sats. There are currently 19.69M ₿ in circulation, leaving 1.31M to be mined. There are currently 2.51M ₿ held by companies, governments, DeFi, and ETFs, representing 12.73% of circulating supply. There are currently 53,840,069 nonzero Bitcoin addresses. Bitcoin's current block reward is 3.125₿, which is worth $190,705 per block. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 17-Apr-2028; the block reward will fall to 1.5625₿. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 17.24% from the ATH.

supercaliber

last ATH was 73k

1Lost_King1

Now let’s crush those sell walls and breach new ATH !

vremains

True, but I think the timing is good right now... If the cycle continues, these next few months are the last chance to buy before the next bull run. Historically speaking, we don't crash down much past the previous ATH (which in this case is 68k). Basically, unless we dip more in the next couple months, we may never see BTC below 50k again.

s1pu

I buy close to ATH and never sell telling myself that once it is going to skyrocket and I’ll finally get my lambo.

CointestMod

#Ethereum Con-Arguments Below is an argument written by excalilbug which won 1st place in the Ethereum Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Disclaimer: I support ETH wholeheartedly but nonetheless I can see its flaws > > ​ > > * **Decentralized? Hmm** > > The main flaw of ETH is that it’s probably not as decentralized as many people think. This is due to two reasons: > > **1. 72 million ETH was premined and gifted to investors/founders** > > Before ETH was launched in 2014 its founders approached investors and promised them coins for backing the project. This way 72 million coins were sold/given to investors and founders which is much more than 50% of the circulating supply today! (circulating supply on 29.03.2023: [122 millions](https://www.coingecko.com/en/coins/ethereum)) > > Of course we can presume that some of the coins were sold throughout the years as ETH price went from ICO’s 0.31$ (sic!) to almost 5k dollars at ATH in 2021 (a modest 16,000+ x return of investment if you’re wondering). But what if Ethereum Foundation and vanilla investors who are close with them manipulated the market (which is very possible to do when you own such a high % of all coins) and sold tops and bought lows to own even more coins? > > This is obviously just a speculation but the initial premining of coins is a fact and everyone should be aware of this. It might make you look at the POW->POS switch form a different perspective knowing that PoS is very beneficial for those who already have many coins (the rich get richer) > > **2. 1/4 of nodes run on Amazon servers** > > If you go on this site: [https://aws.amazon.com/blockchain/](https://aws.amazon.com/blockchain/) you can see that Amazon boasts that 25% of ETH nodes run on their servers. I think 25% is a very significant number. Can Ethereum be a truly decentralized blockchain if so many nodes use Amazon Web Servers? Is the motto “[empower the little guy, screw the big guy](https://www.cnbc.com/2021/05/18/why-ethereum-founder-vitalik-buterin-got-into-crypto-bitcoin.html?)” true if the little guys use the big guy’s service? I don’t think so > > Speaking of nodes… > > ​ > > * **It's so damn expensive to run ETH node!** > > To run a full ETH node you need 32 coins which even during this bear market amounts to almost 60k dollars: [https://ethereum.org/en/run-a-node/](https://ethereum.org/en/run-a-node/) > > So much for the empowering of the little guy! > > You can of course join pools but that’s not the same. Plus you risk losing your coins if the pool you joined turns out to be a bad actor. You have to take a good look at the pool before joining it and find out if it's trustworthy, transparent and what's its track record > > Speaking of high prices… > > ​ > > * **ETH gas fees are pain in the… wallet** > > As you probably know, all transactions on Ethereum blockchain are paid in ETH (gwei). There is nothing strange about that but since ETH puts a lot of focus on security, it means that storage and processing power costs more. And the more popular ETH becomes, the higher the cost of storage and processing power becomes = the gas fees are more expensive. It is not easy to solve this problem. Just look at Solana – it has very small fees but its security has more holes than a Swiss cheese. This is why there are second layer (L2) solution > > But layer 2 solutions have their own problems and they reduce security > > Speaking of security… > > ​ > > * **ETH might be deemed a security** > > Since the transition from PoW to PoS, Gary Gensler argues that ETH is a security. He uses [Howey Test](https://www.investopedia.com/terms/h/howey-test.asp) in his argumentation. But it doesn’t really matter what argumentation he uses. As long as Gensler holds any power, Ethereum and all PoS coins are in danger. Especially since the New York Attorney General’s Office (NYAG) filed a lawsuit against KuCoin. They said that KuCoin offers trading pairs for coins, including ETH, that are securities ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/100p793/top_coins_ethereum_conarguments_january_2023/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Ethereum) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1cius3n/daily_crypto_discussion_may_3_2024_gmt0/).

ninpuukamui

Don't trust the "experts", they don't know shit. Trust me, a rando on Reddit that doesn't know shit about fuck. New ATH on everything within the month.

Dazzling_Marzipan474

Ya idk how someone can say that when BTC hit a new ATH. Pretty sure that's the #1 bull run signal.

PrestigiousAd9825

I’m a “flipper” - I plan on waiting until 7 days pass until the first ATH after 11/1/2025 and then DCA selling my bag over the next month after that. Then I plan to take those savings and what I would have spent to DCA over the following year and will DCA it over a month once 7 days pass after the first cycle low past 10/1/26. Rinse and repeat.

LiquidNova77

Naahhh the price always fluctuates and sometimes it's a big one, but statistically, the bull run doesn't even begin until about 9 months after the halving. That's because the halving introduces a supply and demand shock that is only felt months after the halving. What has been happening recently to cause the new ATH is the ETFs. The true bull run has not started yet.

jnight138

Lmao yea no. Anecdotal evidence is terrible support for any argument. The smart money has already been made with the pump from 16k to 74k. BTC should eventually set a new ATH by the end of the year though but whether that’s 75k or 100k is up to whales and MMs.

A_dingo_is_my_baby

ATH pre halving is like clock work? but yeah get the gist of the article haha

Anxious-Lake-1160

Gold is only at an ATH monetarily. The actually all time high was 1980. You can’t take something like gold and not inflation adjust it. Maybe the people who bought gold in the late 70s early 80’s will break even some day.

SwimOld5053

Idgaf you L'ers say about "it being over". I'm buying more now, keep selling so I can buy cheap. I'll sell back to you when you buy in at the ATH prices. Thanks bears for being our profit liquidity!

organicgrower420

Lol you guys realize if you sell at an ATH and take your profits you can buy even more when it dips. Learn to discipline yourself and HODL cash as well.

cosmoshistorian

If you’re intending to hold for years/decades, it really doesn’t matter as long as you don’t buy at the super high peaks. But yes, you can maximize your profits by buying when it dips hard, which is what most seasoned investors do. Instead of just FOMOing in when it reaches a new ATH, they have cash on the side they intend to use to buy it, but they wait until it drops 20% or more, smart thing to do. But either way, it doesn’t matter that much unless you’re actually putting real money in. A couple hundred every few months is less important. I’m talking if you’re putting in thousands and more consistently throughout the year, then yes, be more strategic.

ThatChrisGuy7

Yup it’s about to boom. BTC goes to ATH and alts blow up at a higher %

Life-Duty-965

You know what gets to me more? Buying the top only to see prices fall. We know that it drops after each ATH. We all talk about patterns and make predictions yet seem to ignore this one. It happens every time! We all get very bullish in a bull run. We're excited. We believe bitcoin is on the up. That's the whole meaning of bullish! But these things always burn out. I actually think its a real problem that this run happened before the halving. I honestly think we would have reached up further had this run started now. None of this changes my long-term outlook. I'm still getting my Lambo, right? But in the short-term, we're heading down again. I'm sitting tight. Eventually it will find a level where it will just sit for months. That's when I'll start up again. And I'll sell *some* again next time we ATH.

ThenScore2885

FOMO starts when the price raises above previous ATH. People who will fomo shop, will not buy at these levels. Cause they know well that the price will drop to 10k. Even it did fall to 10k, they will wait for 5k. And they will only end up buying at 80k and above. Hold and if you can DCA more.

OkFoot1842

I'm predicting a shorter cycle mainly cause of the current state of the economy. ATH could be hit in April then a drop then another high with the cycle ending around October 2025

escodelrio

Historical Bitcoin prices for today, May 2nd: 2024 - $58,728 2023 - $28,669 2022 - $38,514 2021 - $56,604 2020 - $8,966 2019 - $5,494 2018 - $9,243 2017 - $1,446 2016 - $444 2015 - $235 2014 - $454 2013 - $106 2012 - $5.1 2011 - $3.20 **Additional Stats:** Bitcoin's current market cap is $1.16 trillion. Bitcoin's current block height is 841784; with the average block time for the last 7 days being 10.51 minutes. There are currently 19,425 reachable Bitcoin nodes. Bitcoin's average daily trading volume for the last 7 days is 90,396 ₿. Bitcoin's average daily number of transactions for the last 7 days is 469,872. Bitcoin's average daily hashrate for the last 7 days is 601 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 02-May-2024 is $11,242. Bitcoin's average daily price for the year 2024 is $56,652. 1 US Dollar ($) currently equals: 1,703 satoshis; making 1 penny equal 17.03 sats. There are currently 19.69M ₿ in circulation, leaving 1.31M to be mined. There are currently 2.51M ₿ held by companies, governments, DeFi, and ETFs, representing 12.76% of circulating supply. There are currently 53,846,045 nonzero Bitcoin addresses. Bitcoin's current block reward is 3.125₿, which is worth $183,526 per block. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 17-Apr-2028; the block reward will fall to 1.5625₿. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 20.36% from the ATH.

JohnniePeters

It will always be the same story with these people. They'll never learn. Red candles triggers a negative emotion in their brains and until they realise they have to against their emotions they won't do anything. For good altcoins their behaviour is even worse. How many times I told them to buy "X-Coin" the past three years they didn't listen. If they had: X8 easy already. And the real bullrun hasn't even started. I tell the to buy it still, because another 10X from here on is a very likely event which will happen. Offcourse they still don't listen. They will buy in a year though, trust me. And that's my selling point. "If BTC breaks below 52K than 45K incoming" "If BTC breaks below 45K than 36K incoming" "If BTC breaks....etc. They will never buy unless they see weekly green candles and double ATH closing in on 200K. And THAT is THE moment for them to buy. And honestly I thank them for being our exit liquidity.

accountofyawaworht

If it just makes it back to the ATH, he might be able to buy a pizza.

computernerd55

Lol you can make cope posts like this if you want but even if BTC hits ATH again you will probably not sell  Then you will say to yourself that you're going to sell when it hits ATH again but even if it hits ATH you will still not sell "just a little bit more and ill sell" Then slowly your gains start getting smaller and smaller  until eventually you are in the red until 2028  Then you start hating yourself for not selling when you were on the green  Then you will start questioning yourself everytime you make a new purchase when trying to lower your average cost because you bought at the top and thinking if you're just throwing money away at this point you dont know of you should just give up or continue mindlessly buying until you just decide to fully disconnect from anything crypto related I've been through that once I'm not doing it again You're free to do whatever you want with your money

bigg0622

I hope it drops to -27 and then shoots back up to an ATH - all within 37 minutes. Strap on friends. Let's ride!!!

ScheduleOk4627

That seems like a short cycle? Many predict aug/sept 2025 as ATH period?

Intelligent_Light591

I have a decent sized bag. Definitely I can see it moving past the ATH once we get to the promised land. Showing a bull flag with chart imop

Simke11

Diminishing returns every cycle plus this time we set new ATH before the halving which has never happened before. 2x from here this cycle, 3x if we are extremely lucky. For those that stacked during bear (and they didn't have to go all in at 16k), risk is greater than reward if buying now.

Hsiang7

**Translation:** Guys please pump my bags! There's no reason why buying *now* is definitively better than buying a week from now. The price could be lower, higher or stay the same. All posts like this do is try to tap into people's FOMO and try to get them to buy. If you think now is the best time to buy, then buy. But there's no reason to do the same as you because just like everyone else, nobody knows the **best** time to buy. People said "now is the best time to buy" at the ATH, they said it last bull run and also at every single dip I can remember. Then we dropped below 30k, which obviously would have been a better time to buy. Let's be real, the only "best time to load up on BTC" was 10+ years ago.

FallingReign

If people are saying this. Good. These are all the people who will buy the next ATH, so I’ll know when to take some profits.

C-Class_hero_Satoru

A lot of people were asking on February "is it a good time to buy bitcoin now" Many people answered, that best day to buy bitcoin was 2010 and the next best day is today I said no, wait - there will be a dip - and I was downvoted. I think some people are lacking of critical thinking in this sub, it's irresponsible to advice someone buying bitcoin right after the pump when it made new ATH - of course there will be dumps and corrections. Anyway I think today is a good entry price, if I have lump sum I would make a dca plan for the next3 month, because this summer can have a lot of red days, maybe we will go little bit lower

2We1rd2L1ve2Rare2Die

I’m still watching and still believe in BTC, but my outlook for the next 12-18 months this has done a 180 so I’m taking profits, I doubled my money. I just don’t see any catalysts for pushing the price back up to and beyond the recent ATH. I can see it going a bit lower before trading sideways for a long time. The fact is I simply believe I can earn more in the next year or 2 by putting my 50k elsewhere than in btc. Of course I could be completely wrong but you gotta make your own choices. I can’t afford to “hodl 4 eva!!!11”. I’m shooting for. Nice early retirement so my money needs to be put to the work and he best I can. I’ll probably buy some back if it keeps dropping.

AskMeIfImAnOrange

To me this more looks like 2019. This was a mid-cycle pump that was exaggerated by the ETF's. Now we'll have a correction, but probably not as deep as before, again, because of ETF's. I imagine alts could take the brunt of it over the coming months and then we head back to new ATH's into mid-late 2025.

computernerd55

3 steps every crypto investor goes through  Step 1 -  when Q3 and Q4 hit and there is a new ATH you will still not sell  Step 2-  btc will crash and you will think it already crashed so there is no point to sell now and that you will sell when it hits ATH again Step 3-  BTC will crash further and further until you are so deep in the red that you finally give up and decide to totally forget about crypto and pretend that the money invested is long gone Then 2028 hits and you either repeat step 1-3 or sell as soon as you're in the green due to all the stress accumulated even though you "forgot" about crypto you're still subconsciously thinking about it and the red portfolio still hurt albeit not as much

Entry_3273

Lool if you didn't buy pre 2011 and don't have a few hundred thousand to throw at it then btc will never make you rich.. Even if you have money you're more than likely to lose. It's one of the funniest things I've ever seen.. People literally think they are mad at investing for owning a fraction of a bitcoin they bought at the ATH. Sell it. Buy gold. You'll actually have a chance to make some real money

wikipediabrown007

>DCA. the market ALWAYS drops after halving as miners and Whales take profit, then THEY RESTART the cycle again. These next two months WILL BE accumulation periods until ATH around April 2025 like I said, you speak with certainty yet have no actual certainty. Only speculation based on information...of 3 iterations. You are the type of bitcoiner that basically doesn't actually know what they are talking about; just hopes and uses info to rationalize their hopes.

Extension_Win1114

Funny how this post and this comment aren’t getting much traction. Now there’s a fuckton of ETF bagholder at ATH and it’ll be long time before that hits again. Was calculated

Forsaken_Limit_9947

I watched BTC getting an ATH, lose 80% of its value and getting an ATH again. That thing you say will definitely not happen.

polloponzi

Note: don't try to play it. Your buy-order at 23k will not fill because it only went down to 23.2K and your sell order at 99.8k will not fill because the ATH was 98.7k

the_ats

It crested 1000 grams Gold per BTC so yes. ATH

GiraffeAs_

If you’re mad/bitter at other people for celebrating the price of BTC dropping, you can either sell and stop complaining or keep buying this dip cause it’s gonna happen regardless of your ‘I bought the ATH’ sentiment

WildRecognition9985

During the dip on the 12, ONDO immediately returned to the price it was while everything was still down. Then in a few days it almost hit its ATH. Then dropped back down, and has stabilized. I’ve been skeptical on it, Blackrock funded it and it’s RWA driven. I just thought it was insanely weird that it had a massive peak while everything was still lingering.

BITMiningLimited

I'm still happy BTC already made a new ATH

DigitylRise

It would have been better if we hit 90k then the dip was above the ATH like sitting at 74k now.