Quote from: MarjorieZimmermanGinger on Today at 04:41:25 AM

Quote from: SeriouslyGiveaway on Today at 01:10:43 AM

Currently, I am seeing the atmosphere of buying Bitcoin busier than ever. Not only from retail investors, but also from huge demand from large organizations as well as ETF funds. This bull cycle of Bitcoin may go beyond our imagination. I have seen that many people out there, after going through many long months of downtrend, have tortured their psychology, making them always want to sell when Bitcoin grows. This is not wrong, taking profits is never wrong in investing, but on the condition that you will not reinvest again for a long time, otherwise they may have to buy Bitcoin back at a higher price. They are unintentionally trained to have a "locking in gains" mentality without them knowing, because during the downtrend period, if they do not "locking in gains" when there is a profit, the price will turn down immediately afterward. I still have a small amount of money left for buying Bitcoin, I will allocate it all in the near future.

We are on the moon now and bitcoin price has actually surpassed what we wanted as it broke its previous ATH. What was expected to happen and the maximum price increase made Bitcoin become the talk of many people again and now people are starting to see the great potential in Bitcoin. The large demand makes bitcoin increase and investors are ready to sell at the target price, the market will become greener in the last few days and in the future because there will be a big rush in the bitcoin market for some people who take advantage of it

This is truly extraordinary and if we had some money in the last few weeks then today we would have made a huge profit on the good price which is quite significant. Especially for those who have held bitcoin for a long time and the accumulated purchases are much cheaper so that when the price is at its highest it will produce maximum profits. We must be prepared to buy in larger quantities because there will be a next ATH at a much larger price.

If we are talking about dollars, bitcoin has not reached it's new ATH.

We got up to $64k today, and the ATH from November 2021 is $69k..

Bitcoin is reaching ATHs against various other currencies .. and likely those currencies had been weaker than the dollar in the last 2-ish years.

Quote from: Kakmakr on Today at 05:24:35 AM

Now, even though it looks like this is a perfect motivasion for people to invest in Bitcoin, you still have to put everything into proper context, before you make this comparison.

Now, 10 years ago... Bitcoin was a very controversial topic and also not regulated and accepted in most countries, so the risk of buying bitcoins back then was a lot higher than what it is 10 years later.

Not a lot of people would have risked dumping money into something that was unregulated and not adopted and accepted by a lot of people.

You are correct. For some, bitcoin is just becoming investable, both in terms of its market cap and also in terms of its gaining mainstream acceptability. And, even with all of that, we are still early for anyone thinking that bitcoin is in a bubble or getting mature or any of that blah blah blah bullshit.

It is a little unfair to other assets, but this is where we are at, including that so many other assets have been corrupted by various dollar debt systems, which is harder to accomplish with bitcoin, even though surely folks are going to try to corrupt bitcoin in the same way.. and let's see how it goes... much still to be determined in bitcoin's early days (years) of existence.