Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
tabas
on 24/11/2022, 22:16:10 UTC
And until now I still regretted of not holding on to Bitcoin during the long bear market. I decided to sell it until a few weeks later it shoots up to $20k, $30k, $50k, $60k and so on.

I blame myself for being hesistant in buying BTC with my extra “not beer money”.

Right now, I am at a loss despite doing DCA with Bitcoin. But I’ll keep hanging on coz’ I know one day it would definitely bounce back despite the uncertain timeline. Maybe after the next halving, but no guarantees or promises at all.
I feel you brother! But don't you worry, everything's going to be fine again soon. And as you DCA, keep doing it and don't lose hope because you're doing the right thing at this time. You may have lost that opportunity from the last bull run, there's still going to be the next bull that we'll see a few years from now. There's no guarantee but we all know how cycle works and we've seen it happen before and there's a bigger chance and possibility that it will.

Bitcoin actually reached $69,000 last year. I remember it miraculously reached that price when it was claimed that our chance of getting paid for doing some work depends on price reaching $69,000—70,000. The price eventually got to the level soon and people were happy even though the price increase was attributed to someone else instead of the ONE who made it possible.
Yes, the ATH was $69k and the $64k was just a way of it. But those tasks that were paid in dollars, they're converted into bitcoin and they got lesser because of the high price during that time.
Is that someone else you're talking about is Elon Musk? Or there's someone that has been attributed with that price increase and ATH?