Buying Bitcoin Recently vs Last ATH: Who's Better Off?

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greg420Full Member
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#1Oct 25, 2024, 02:36 PM
Just looking at the crypto market this morning, I noticed something strange. Seems like buying Bitcoin at 73k might be worse than buying at the last ATH of 75k. Just my take, not pro advice.
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shard_2013Full Member
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#2Oct 25, 2024, 05:51 PM
Dude, the ATH is not 75k. It’s around 73.8k and Bitcoin hasn’t hit 74k yet. That price point was a brick wall for the bulls.
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#3Oct 25, 2024, 10:43 PM
Yeah, I've seen exchanges list it at 74k, but the consensus is 73.8k. It’s crazy, just a couple hundred bucks and the market flipped.
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mr_blockMember
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#4Oct 26, 2024, 05:35 AM
I still think buying last week isn’t worse than the ATH. Those who bought at the top probably lost a good chunk already, while some are willing to hold.
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wagmiNewbie
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#5Oct 27, 2024, 02:44 PM
Jumping in while creating new ATHs? Risky business. It’s like everyone thinks they can time the market, but that rarely works out.
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#6Oct 27, 2024, 03:14 PM
Depends on your strategy, right? If you’re trading, the timing could mess you up big time. But if you’re a long-term holder, just keep averaging in.
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fudbusterSenior Member
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#7Oct 28, 2024, 10:37 AM
Those who grabbed Bitcoin at 73k shouldn’t stress too much. If they play it smart, they can wait for a better entry next time.
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CalmMinerFull Member
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#8Oct 28, 2024, 02:50 PM
Exactly! Buying near ATHs is a gamble. Long-term holders shouldn't care too much about short-term dips. That said, it is kinda risky for traders.
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#9Oct 30, 2024, 04:29 PM
Market's dipping now, sitting at 67k. But something's gotta give after November 5th with the elections. I think we could see it hit 75k+ soon.
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mr_apeNewbie
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#10Oct 30, 2024, 08:20 PM
People buying at 73.6k? Classic! They probably panicked when they missed 52k and jumped in late. Now they’re just selling to cut losses.
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MadNovaHero Member
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#11Oct 30, 2024, 08:52 PM
Yup, FOMO really messes with investor decisions. But hey, there’s still room for growth for those who hold.
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greg420Full Member
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#12Oct 31, 2024, 02:22 AM
Long-term holders are smart. They’re prepping to secure positions from liquidation. Jumping in at the top? Bad idea. Bitcoin trends won't stay green forever.
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maxoracleMember
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#13Oct 31, 2024, 02:52 AM
Totally agree. Buying high always puts you at risk. You’re just asking for a retracement at some point.
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atlas100Senior Member
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#14Nov 1, 2024, 04:23 PM
But if you never sell, you’re not really losing. Even if you bought at the top, there’s potential for recovery.
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0xAlphaNewbie
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#15Nov 1, 2024, 04:37 PM
Right, it’s part of the game. No blame for buying during the hype. Just hold tight, and the market will likely bounce back post-elections.
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4lpha07Member
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#16Nov 1, 2024, 05:49 PM
I don’t see buying now as a bad move for newbies. Prices are still below ATH. With the elections, we could see a jump!
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moon_2020Full Member
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#17Nov 1, 2024, 09:47 PM
Long-term is the way to go with Bitcoin. Just buy and hold. Those worrying about volatility are probably looking for quick cash.
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maxorbitMember
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#18Nov 3, 2024, 08:07 PM
Good point, and it’s kinda apples to oranges comparing traders to holders. Traders will sell at losses; holders just wait it out.
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#19Nov 4, 2024, 12:46 PM
But aren’t we all just speculating? Both buying periods seem rough now since the market’s down to 69k.
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br1dg3777Full Member
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#20Nov 5, 2024, 10:35 AM
True! Panic buying near previous ATHs seems common. People just need to remain calm and not sell at a loss.
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