I'm sorry to tell you but this isn't another pat yourself on the back post, it's a bit more realistic.
We constantly see post telling us to just HODL and that we haven't lost anything if we didn't sell yet.
What are the odds of our chosen cryptocurrency to reach it's previous All time High?
Out of the top twenty in December 2017 only six managed to reach or surpass their previous all time highs, that give you a 30% that your chosen crypto will beat it's previous high price.
see the information below
https://preview.redd.it/afb9ee5z3nt91.jpg?width=2012&format=pjpg&auto=webp&s=eea30a8e1070726d7c231a3c7fa612e453eca088
|
Previous ATH |
next ATH |
did it reach or surpass it's previous ATH |
| Bitcoin |
$19,475.80 (12/16/17) |
$64,863.98 (11/11/21) |
yes |
| Ethereum |
$1,292.53 (01/15/18) |
$4,733.26 (11/9/21) |
yes |
| Bitcoin Cash |
$3,909.00 (12/20/17) |
$1,454.49 (5/5/21) |
no |
| XRP |
$3.093 (01/06/18) |
$1.8373 (4/14/21) |
no |
| Litecoin |
$319.26 (12/21/17) |
$345.30 (05/07/21) |
yes |
| Cardano |
$1.1711 (01/04/18) |
$2.9664 (09/03/21) |
yes |
| IOTA |
$5.0803 (12/20/17) |
$2.3723 (04/18/21) |
no |
| Dash |
$1,555.59 (12/20/17) |
$426.61 (05/11/21) |
no |
| NEM |
$1.6564 (01/06/18) |
$0.7651 (03/02/21) |
no |
| Monero |
$419.53 (12/21/17) |
$483.71 (05/09/21) |
yes |
| Bitcoin Gold |
$449.45 (12/20/17) |
$131.48 (05/07/21) |
no |
| Stellar |
$0.7395 (01/04/18) |
$0.6661 (05/14/21) |
no |
| EOS |
$18.88 (05/01/18) |
$10.39 (05/12/21) |
no |
| Neo |
$187.97 (01/15/18) |
$122.79 (05/06/21) |
no |
| Ethereum classic |
$42.68 (01/14/18) |
$127.33 (05/08/21) |
yes |
| TRON |
$0.2245 (01/05/18) |
$0.1643 (04/15/21) |
no |
| Qtum |
$86.17 (01/07/18) |
$26.56 (05/11/21) |
no |
| BitConnect |
$427.71(01/04/18) |
$2.394 (03/23/18) Dead |
no |
| Populous |
$74.52 (01/28/18) |
$7.0915 (02/12/21) |
no |
| OmiseGo |
$23.84 (01/08/21) |
$19.17 (11/04/21) |
no |
I know the this information isn't perfect and just going by ATH to ATH wont really tell you if you will be in profit, but it's interesting to see.
TLDR: just because you keep holding doesn't mean you will be in profit next bull run, some coins/tokens will not survive.
