Post
Topic
Board Speculation
Re: When will bitcoin reach its all-time high?
by
Silberman
on 12/04/2022, 19:29:00 UTC
The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
This is the correct call, I know it is difficult to make such a mistake when we are talking about investing in bitcoin just at its current ATH but you have too keep holding those coins, even those that bought at the ATH of 2017 would have still doubled their investment at current prices, which is still a great performance compared to most markets, so as long as you hold your coins it will come the day in which you will see some profits, but you need to remain strong and hold those coins no matter what.