Bitcoin Forum

By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!

Are you a holder or you want to trade it ? If you want to only that Bitcoin then you are in the wrong entry you should wait for correction first before buying. But if you are a holders then the price doesn't matter. just wait a year and you will surely earn with your money invested. Those who are looking for good price to enter is mostly a traders or scalpers that taking advantage in price difference every time there is a price increase.

I won't dare invest in Bitcoin at a surging phase, it's too risky and I'm sure there is going to be some corrections too, the best time to invest on bitcoin is when price is down, the trick is always buy low and sell high, I've learned this in 2017 bull season

You're in okaish bet, neither good not the best. Amount invested in BTC never get lost. If you are here for profits, you will have chance to sell it off at 25k. If that does not happen, just wait for an year or so and you will be covered.

I personally applaud your risk-taking, where many traders avoided positions priced at $ 23,000 and above. Maybe you will be day trading, and can't do it in the long term for now. it doesn't matter, whatever you do, as long as it's right in your opinion. but you also don't miss the advice of many people, for your sake. because trading is not about how much emotion you see when you see the price go up, but how smart you can control yourself from price temptation :)

Just right on time though you could've earned more back when it was still stabilizing in 19k and more when it was around 10k.
It's your money and your trading strategy. As long as you see greens in the chart, you did the right thing. Many could've been thinking of too late right now in investing but just put it in their mindset that there ain't a single peak when it comes to Bitcoin's price.

Why don't you asked the question before you bought bitcoin at that point price, you must have fomo in which is really bad. If you are holder and looking for something next year or 2, now price shouldn't be  a concern but if you are really hoping to sell any moment soon, I think you might have made a mistake.
Some expert are predicted that Btc will head to $40k by next, though to me it looks like shilling and I want everyone to be careful, don't buy the news rather buy into rumor and save your self when every fomo into the market. The excitement is something out of this world.

The best time to buy bitcoin was 2009. The next best time is NOW. just HODL strong for a few years.

Trying to look in the current price then you are definitely in loss or negative but this wont really be an issue if you are a holder or tending for long term aspect
but if you are here to make deals in shorter time frame then you are on the losing side.This is the result when you do get fomo'ed where you do believe that the price would
go even more but the fact that there would always be some sort of correction or pullbacks which would make the price lower and in result for some loss
but as long you do make hold of your coins then you wouldnt lose anything unless you do sell it off but if not then theres tendency for recovery or breaking even.

Personally, I would be afraid to buy bitcoin at its very top. I'm afraid you fell victim to FOMO.
Even if Bitcoin rises to $ 25,000, you will not sell it in anticipation of a higher level, and here a correction may begin that will take Bitcoin to $ 15 -17 $. What will you do then? Fixing losses?

Determine yourself why you've bought at the top. Are you treating it as a long term hold or you just want to cash out because the market has been moving faster than ever and just reached another all-time high? I'll tell you what are the most predictions for 2021, not now.

$100k is the price that I mostly see for the possible to happen on 2021. That may look seems to be a high price but we'll not know which is exactly going to be reached by bitcoin again. It has reached $23k and you bought at a not good time if we're talking about current price. But you only need to think when and what price you'll be selling it. You can buy again with the strategy of cost averaging to at least remove your doubts and keeps stacking sats on your portfolio.

Not bad considering the bulls market heating up and expected over 10x gains but I will suggest you to hold for atleast a year for good gains and lastly I want to ask where were you? I mean you had the chance to buy btc under 10k for 2 to 3 years and you are buying now anyways good luck.

It is a bad entry if I may say, at that point some doing short are already taking profit, you should have waited for a possible correction to get the right entry, all the same the deed is done already, you only need to hold and hope for a better surge but that might be at a long.

Why not buy at least in the last week? while bitcoin in the past week has been in the range of $ 18k - $ 19k, while currently btc is $ 23k. It's a long way off, but I'm amazed you took such a high risk. but it doesn't matter as long as you trust and hold on to it for the long term.

if you plant to hold it for a long time for example holding until the new ATH reached maybe in another year it's maybe gonna worth it but buying at the peak of the chart like this is always bad idea.

I mean why you just try to buy it when we've already reached new ATH though. arent there plenty of times before price rally where BTC is "cheap" enough? Maybe just wait until another correction?

If you have money, it is up to you to decide. A good time to buy Bitcoin is if you are a trader. Or if you are an investor, you may be doomed. This market may not rise very high from now on. There are many more possibilities to fall. That is what the previous year's theory says. Think again and make up your mind, but it will be good advice for you.

If you are a long term investor then it's fine there is no good or bad time for long term investors but if are someone who are looking for a short term gain then I would say it's a gamble which you have got into, I don't want to demotivate you but please take suggestions from experts and forum members before investing in bitcoin when it's at peak.

Make sure you monitor the market very closely if you are here for short term gain else it won't take fudders long time to make you panic sell.

I think for now that will be the top price of bitcoin, because after hitting it, there's no more push to the price. What I'm saying is that we could encounter some resistance and would settle around $22,500, unless there's enough whales again.

There is no perfect time to enter the market as we can't really predict the future. The best thing for you is just HODL on your BTC. Don't do something stupid like selling it right now because obviously, you will lose and not make any profits.

I would say that it is still the start of next mega bull run so you have done the right thing or else you would have to face the risk of missing out on massive profits. I still think that a large public will fomo in when btc will be over 50k and then more when it will be over 100k.

my friend, if you bought something you should have a strong reason,
but, if you bought bitcoin at $23,5k thats not a big problem, if you believe if the price of bitcoin will growing more and touch about $50K or more in long term

I hope he has no urgent needs with the money, because if he does, he will go crazy watching the market especially it is now below 23k. But it is going back up again. I guess, he's praying hard that the btc price will go high than 23.5k again.  :P But if you are a long-time crypto user, you know for yourself that btc can go higher in the next coming years. So keep the faith!

If it's additional to what you've had it's ok provided that Bitcoin is not going through a correction period much lower than when you purchased it,
I hope what happened to those who bought in the 2017 all time high will not happen to you, but I guess there's no stopping for Bitcoin to skyrocket because of the many development.

When buying Bitcoin on high, you should set a specific goal for yourself. If this is a long-term investment, you need to transfer your BTC to a cold wallet. And if you set a goal to sell more expensive, then you need to immediately open a sell order and no longer adjust it.

The first rule, buy what you can afford. don't be too pushy and don't get carried away. maybe bitcoin is a very profitable investment, yes! but we also have to be wise in buying it. I think buying bitcoin at a high price is not wise, you can find another time unless you are on a day trade

The right time to buy Bitcoin when there is a correction, if you end up buying Bitcoin at $ 23,500 it is a very risky decision in my opinion.
It is true that the possibility of a Bitcoin pump price is very large, in fact I predict the price of Bitcoin could reach $ 50,000 in 2021.
However, there is still a possibility that the Bitcoin price will be dumped, as happened in 2018. So for those who are planning to buy Bitcoin,
better wait for the Bitcoin price to fall. At least my advice is the right time to buy Bitcoin if the price of Bitcoin drops to a price of $ 18,000.

I praise your courage and passion towards bitcoon and hopefully your decision will prove to be good for you in future especially I want to appreciate you because few days ago people here were talking that who will buy btc over 20k so they would have got the reply now that it is the community and public at large that will buy because they will find it attractive to invest.

I think you bought it at a very high price for now but it doesn't matter, because I believe Bitcoin price will continue to increase slowly and my prediction if the price of Bitcoin can reach $35k (but maybe it will take a long time), so I recommend you to still hold your Bitcoin for a long-term, because if there is a possibility that next year cryptocurrency will experience a bull run, then I believe the price of Bitcoin can increase very high from the current price.

totally agree with you,  i am thinking if i was big investors from finance institution. they will not buying bitcoin in high price, although its have high risk it also contain minimum profit potency if compared if we wait for retracement . many expert said bitcoin will touch higher price in next year, and buy at that level must totall hold and we must maintain our mental and psychology when look small or big correction.

What? You are taking ATH as the price to enter the market and that's the worst decision that I have ever seen. You should have learned the trade before try to buy anything from the market.
You should learn about how to be patient waiting for the dump to occur. You have been making a bad decision.
Keep in your mind if you must buy bitcoin when it was going down. Buy low sell high

You might feel cheated and frustrated that you bought BTC at 23.5K but I get it - you didn't want to miss out.
Rest assured, BTC has no resistance and my speculation is that if you pay attention to the market you might even be able to make a profit. Why?

I believe that another wave is coming and it is a only a matter of days if not hours. I think the next 24h will set a new ATH for BTC, so maybe worth keeping a close eye on the market for now.

well if you go in and buy bitcoin when the price is high like this then you will get ready to get stuck at a high price and of course it will happen at the end of 2017 which will make a lot of rich people depressed and lose money because the price of bitcoin collapses very deep, so still be careful because the key to trading is to buy when the price is low and sell it when the price is high the current price is perfect for selling because I bought bitcoin when the price was still $7k.

For holding then you can disregard the price level.

For trading, either by swing or day trades, you now need to closely watch the price.

You already bought at $23.5k so there's nothing you can do now but to hope for the best. Next time, don't rely on purely predictions if your purpose is to do regular buying and selling.

In what year is it? Did you buy 1 BTC or more? If you are and still hold until now, you will be very lucky and have a great party for this.
many people are really inspiring moreover those who still hold BTC from the very past time.
It has been reaching anew ATH, and you still hold it? Actually, you can spend 50% for the profits right now and some for hold. It will allow you to still have the funds and you get also the party

There are still 2 weeks before the year ends so there are many possibilities for bitcoin to rally again. If that happens, I suggest to OP not to get greedy and take profit at that time. Correction can happen anytime because bitcoin's price rose very quickly. I hope OP learned a lesson from this experience, I think he was caught in FOMO, no one expected it to rise at that price hence he still bought.

He so optimistic, and its not bad. Just not cut loss too early for next correction, i still thinking bitcoin can go higher in the next days

optimistic need logical reason too , this man was courage to take high risk when he decided to buy bitcoin on peak price. maybe there are two reason for it . 1st he really don't understand how to trade or 2nd he trapped in fomo and due of this  he must hold for long time and prepare mental to face something bad will happen in future.

You're brave enough to do that. If you really intend to buy, why don't you buy when the price is low, or haven't hit the new ATH? however, at the moment we don't know whether the price of bitcoin will go up higher, or go down again. however, I still believe in the development of bitcoin, but if you still have a high level of confidence that the price of bitcoin will go up again, then that's fine. I think you have considered the risks and the pros and cons before buying at a high price.

This is common during hype, Many people are being FOMO(Fear of Missing out). During low price, The trend is always going down and the common mindset was the price will still go down that's only few smart trader enter position at that point. During uptrend is what many trader like to buy because there is clear direction for the price and they easily take profit for a short trade. No one knows if this price will be the next ATH soon but buying before the correction is a very bad decision.

When ride starts, applicable for both situation, pump or dump, no one can actually predict the upper limit and lower limit. Where price will climb upto or where the dump will end. This confusional state actually make the market.
23. 5k/btc is latest, almost highest point of the tide, till now. If price goes up and you hesitate to hold for long term, try to sale and can rebuy at lower price.

I saw in one of the tweets that the Bitcoin price prediction might break $25K or more, but I think it's quite a while until the end of the year

The perfect time to buy bitcoin or any other crypto should be when the market was getting a correction. this time any prediction will be involved the reason why the pump must have happened.
you must see some news that discussed the 5 reasons why the current fundamental of the crypto market is much stronger than the last big pump that happened in 2017.
The pump will never come if there's no good reason for that.

Its a good price. Look at the price right now, we are still above $23k and it looks like its not going down anytime soon. You can also look at the current trend. You will see that going to 50k is not going to be a problem next year. You can say that it is a good investment you did.

Well depends on what is your intention in buying BTC.  If you are a long time holder, let us say for decade, I think it is a wise decision but if you just bought BTC because of the hype and its current surge and expect that you will gain a huge amount of profit in a short time, I think you are mistaken.  Nevertheless, just hodl your BTC and be patient.

Correction is unpredictable, traders won't be in front of the chart screen all day long to monitor price movements and hope for a correction. That's the importance of taking risks to reverse losses in other areas of the price movement below it. Currently, the bitcoin price is only playing at $22k- $23k, actually, the OP can use this area to take profits if he is able to day trade.

yes you're right, forget the big profits. it's hard to think bitcoin could make a new ATH now. so just sell when you get a profit. and take advantage of the daily correction to buy more. Daily trading is not so bad in the current situation. because basically the market is in a positive trend.

I think its too risky , if you are trader and want to earn some profit from this then its not a good time to step in . you  must wait for the right time to invest .
 it is human nature that when we see any thing going up we want to gt the profit from it . in my opinion we need patience and endurance .

are you a trader or investor ??
I think bitcoin is a long term investment so don't panic if you buy Bitcoin at a high price, you just need patience to hold bitcoin.
Many people predict the bitcoin price will reach 100,000 $ - 300,000 $ by the end of 2021.

Bitcoin Price now new ATH. This time buy Ricky because market price correction but I believe bitcoin price next year touch $30k Plus. So hold it

Buying that high was risked and we all know there will be a correction of the price in upcoming days, you should have waited for it to settle down after the correction process. Nonetheless, buying at low or high it doesn't make difference if you are long-term holder and I concur that you are really one and with that there's nothing to worry about then.

You should do your research first before you place your investment, asking for the next target surely have lots of different opinions. It's best to have your own knowledge and have a much deeper understanding to avoid making a big mistake in case that certain sideways happened. Moving forward, if you are an investors and you are using spare money, whatever  value you enter it doesn't matter having a good target allows you to keep your assets and wait for the benefits that you are aiming to earned.

That was really a risky thing to do because price correction is coming soon.
Before doing such, there is something you really have to decide on your own first and foremost, and that is, will you hold it or trade it. This is a very good question because if you are a long term holder, then there is nothing to worry about because you will be forced to hold and not sell at loss when market factors sets in but if you are a trader then you have to study the market and know when to sell. On the other hand, asking about predictions, to be frank you can't get an accurate prediction, remember it took Bitcoin a very long time to reach $20k amidst all the predictions made by series of experts. So currently, no one knows what price it will attain next.

Seriously after seeing the price skyrocket, this is when you decided to invest in bitcoin?
 :D alot of people did this during the 2017 bull run,and it took them 3 years to recover the money they invested, but it's fine to buy bitcoin at that high price if you are a long term holder and you believe it's going to go much higher in the future, but if you are a trader hoping to buy low and sell high, I'm sorry you bought at the wrong time,the right time to buy bitcoin was March, April, May or other months apart from that high price you bought it, it's very risky to buy at such price.

The suggestion for people who bought bitcoin at $23,500 is only held and do not cut loss because that can make you getting lose for some money. But if you think that you can follow the price to go up and down, maybe cut lose will be a good idea, so you can try to buy at a low price, and who knows, you can profit from using that way. But if you think it is difficult to follow the price, then hold your bitcoin will be the best suggestion for you. So I hope you can decide carefully before the act.

There is no wrong time and there is no right time to buy your bitcoin, there were people who bought @ $20k in 2017, if it gets to $30k there are people who will still buy. I strongly urge you to HODL your coins firmly.

You have taken a big leap of faith with the risk of losing big time but I admire it a correction may come at any moment just be firm at hand and don`t panic when it dips more than you expected, sure enough BTC will go back  at 2.5k mark if it does then decide whether your going to sell or keep holding until you reach the price you desired.

To be honest there is no perfect time to buy or sell the Coin.
What you need to follow is just quick prediction knowledge.
But as you have bought the BTC as such a high price, then it’s really hard to say that if you can make profit from it or not.
According to me it’s not a wise decision that you have made.
You could have simply wait when BTC price could have fell down a bit around 18k USD.
Still let’s hope for the best and wish you make good profits from your investments.

TBH, most of the replies here will say "It isn't the perfect time to buy Bitcoin" etc. etc.

In the end, it is your own money and you are the one who will risk on it and it would be better if you at least know when to enter and when to exit. As Bitcoin is surging people are starting to get hyped by it and you're one of the people who got FOMO'ed and bought at the top. Long term it is still good but short term no. I expect a correction in the next days to weeks and $20,000 will be a strong support or at least the support for now. Going below that price will be a bad sign at least for the short term.

It is a risk for everyone who buys any price be it bitcoin or altcoin, ask yourself why buy at that price?
Whatever decisions we take, make sure we are ready to suffer losses with this decision, even if your funds get stuck and you still believe bitcoin will continue to grow, hold on, but if you are in doubt you can sell at any time even though you experience a loss.

although it sounds funny what you acted but it happens . there could be  two types of investors in this market . the one is he invest when price is falling and the other is like you, investing when the prices are rising .

that can be a perfect time for the pump investors but it can be a bad time for those dump investors but when it comes to predictions i think i cant really help you with that because i myself is also strugling on my own predictions . for now my head tells me that btc will continue to rise till the final day of this month

The guy has a huge faith that is why he bought at that level and many those who don't want to be left behind or wants Bitcoin to rally are buying, we can't blame them as long as they only invest what they can afford to lose, and they know the risk, we have no problem with that, I hope people will not panic and dump Bitcoin price projection will be attain.

You got in at the wrong time and for now you a among those who bought at the highest pick of bitcoin this year, you should have bought when it was under $19,000.

Or you should have waited for the market to drop in price again before you buy, but buying at $23,500 is huge, you will have to hodle and wait for long to make significant profits.

I think that it was not worth investing in bitcoin now, because it is possible that the price of bitcoin will no longer rise for some time, and it is possible that correction of the price of bitcoin will begin soon, so it is best to invest in bitcoin when the price of bitcoin drops very much, so I am waiting for bitcoin correction.

That's very easy to say now. But how do you decide when's the perfect time to buy? It might go even higher than $23.000. If OP doesn't need the money and are willing to hold for a couple of years, I am sure he won't regret his descision. But he shouldn't make the mistake and panic when Bitcoin starts dropping and sell everything again. That's when you really lose your money. Best thing in that case would be to buy even more to bring your avarage price down.

Even though you bought Bitcoins at the all time high, I wouldn't say it's a bad investment. There are so many companies switching into crypto currencies right now that the demand is not going down likely in the near future. If you bought your coins with intension to hold them long term you are fine. I would not go for short term profits and rather go for the long term approach. Long term the bitcoin trend is upwards.

Did you get FOMO? Well, if you do then you do not have choice but to wait when bitcoin will going to do good in the future. If you can wait then there is no problem with how much you buy for your bitcoin.  Anyway, bitcoin is best for long term hold. So if you have bought that kind of price just kindly wait probably 3-5 years from now that market can get doubled so it is still a big profit in you with the market exponentially increasing over a period of time.

Of course, I don't think there's anything to say right now that you've just bought, but the reason you bought it is that you have to wait a while because you can't sell anymore, so you have to hold on. But especially without waiting for what you will do at this moment. But I think wait for BTC to pump a lot more in the future. But you have to keep an eye on BTC updates in advance. Thank you.

First of all, you have to move this thread to the right section https://bitcointalk.org/index.php?board=57.0 this section is belongs to altcoin discussion.

As for your decision that has done, I think there is a possibility for the bitcoin price to increase more than the new ATH $23.800.

The stimulus factor hasn't yet agreed upon by the US government, an increasing price a few time ago just an anticipation of some investors to buy bitcoin at low prices.

You may need a special attention to look at bitcoin instinctively, make an analyst every day to see what will happen because you need technical analysis as well when you have the intention to invest your money in bitcoin.

wow that's a very high level for me, $ 23500 is a new ATH for bitcoin,
if you buy it at the top I think you have to worry, remember when the price of Bitcoin reached $ 20300 in 2017,
and finally dropped to the bottom below $ 5000, would you not regret it ?, remember, don't hold too long if you buy at the top.

If you are a day trader or have day trading skills then it does not matter if you bought the coin at a high price. Someone else will buy at the price you sell. And then you repeat the process until you get the profit you want for the day. If you are buying as a form of investment then you can simply wait for sometime until you can be sure that you can sell the coin at a good rate and you will earn a good profit for that. Just be careful and be mentally ready for anything.

I think you have no plan before investing .Just watch the move and play through it .It has crossed the 23k$ level and still forcing to go up .If you hold it for long time it will give you a huge amount of profit for sure but it will be so tough to get profit within short time .Best of luck mate .

Frankly speaking, this is not the perfect time to invest. Yeah, I understand that you been brag by the people around saying Bitcoin price will rise up. Hope you don't mind but the risk that you have faced is really high.

You are one of those riders who come and ride into crypto when the market is high. FOMO...
I feel bad about this, not because you come late but you are actually buying Bitcoin at this ATH. I am afraid that you feel regrets in the coming days.

Well, not very wise move. Even if you don't have any experience in trading you should always take a look to the price chart and if something is going up too high and too fast you should be careful. I believe that you will have opportunity to take profit, but you will need to wait.

Everyone can buy btc on highs but to buy it on lows is really hard task for people

No, just set a timing and your price goal you can even set it in exchange just make sure that the orders that you will make is possible to filled or else you are wasting your time waiting .

It's not a hard task people just don't want to wait for longer time to buy.if he  know that he can own it right away in the time he want to buy it.

In fact, he was trapped by the hype, as seen from the statement he said.



indeed this has a risk, unless he is someone who does not need additional costs for the next few years.
there is still a possibility if he feels confident, but optimism and faith alone are not enough in trading. as a trader, this action is still not justified.

Dam you got some nerves to purchase at that high rate. I'm not sure where you was when the price was 7k USD or 14K USD for that matter. How could you awake when the price was 23.5k which ATH in the history for bitcoin.

I would be straight here, you gonna need to wait and have lot of patience before you could cash out your profits. There is no need to sell your BTC sooner since you are already at high risk and can account for unrecoverable loss.

But there will be sure up surge in the market. Only thing that matters now is your time and patience capacity. :-)

Personally, I think that investing in BTC right now is not the best choice, since the price was previously more profitable, however, if you have already made investments in BTC, then you now need to wait for further growth, and it will certainly be during 2021. The main thing is to decide in advance at what price you want to sell it in order to fix your profit. If this is not done, then you may not have time to sell BTC at the best price for you in time.

For me, buying bitcoin when it reaches new ath is very risky, you should be able to be a little patient for that. Looking at the history of bitcoin, at the end of each year there can be quite a deep correction.

 thats quite party at the end of year  ;D, 20k floor is real and i think btc price will dip 15-30% on february, 23.5 its quite high for now to enter the space

fomo fueling the hype many institutional join the train, surely they support the price at 20k, next year will be interesting for watch

need some rest and dont to rush easly, calm for the storm upon us

Same with my thoughts. You are putting your investment at a high risk. I guess you only bought it because of FOMO and there's no wrong with it as long as you know how to handle the pressure. If you bought it for long term holding, then you can still make profits but at indefinite time. Just be more patient and always set target selling price and even stop loss.

It doesn't matter if you buy for $ 23k, but it is likely Bitcoin can pump higher than its current price,. Bitcoin is currently still significant at $ 23k, many estimate that bitcoin could hit $ 25k earlier in the year. so be patient and wait for the right time to sell it.

In fact, I am very optimistic about the future development of events in the cryptocurrency market and I believe that even the current price is quite suitable for profitable investments, especially if we consider them for a long period. But if the investor has confidence in the forecasts for 2021 leaving, which are based on the results of halving, according to historical indicators, then the investor can make a profit as early as next year. But I didn’t invest at this price just because today it takes too much capital to make a good profit in the near future.

Why do you think it was not wise? It is better to start now, than regret not doing it in the future. Who know what the price could be even in one month. So far the history shows that everything is cyclic. He might hold it, gain experience and sell it in few years at the price of $23.5K. Or get profit soon. It would be worse if he could have bought some random altcoin now, hoping that its price would grow.

no one will ever know what will happen in the future, maybe Bitcoin price will continue to increase until next year and break through the price of $30k or even more than that, because when the price of Bitcoin fell very far then everyone doubted if the price of Bitcoin could increase again, but now Bitcoin has proven it by making the price increase very high and past its ATH price, so this proves that we don't need to hesitate by investing in Bitcoin, because the price of Bitcoin will definitely increase very high (although sometimes we take a long time to hold and get profit from investing in Bitcoin).

buying when the price is high is not the right time, but if you are already buying it then wait, there are a lot of rumors saying bitcoin could pump higher or could even hit its ATH again in the next year and we all hope this happens in the near future. and lucky I have taken the opportunity, last week when buying BTC in the price range of $ 18k

So you are the victim [not exactly a victim] of FOMO? Just because you saw the price start to increase, you went all in, which is a very newbie move. If you aren't confident about your investment, just sell it now since you won't be making a huge loss. If you are losing sleep over your bitcoin investment, why suffer? Just let it go.
Just google it. You will see some say its going to go over 50k, some says its going over 400k and then others are saying the bull run is going to end soon and the price is going to drop. To conclude, no one actually knows where its heading.

I think that is the risky part that you have done, it is really a good idea to buy bitcoin but just by looking at its price, that's too high. We all want to make our money grow, why buying a coin that is on its peak, on its all-time high since it was created. If you know what's possible to happen, you may think that the price will go down in no time. Every trader or investor should know about buying low and selling high, but in the case that you bought bitcoin at its high price, that is too risky.

That would depend on you. I mean if you are a Hodler then I don't think you can call it bad timing to buy Bitcoin at this price because it is still growing even more over time. However, if you are a trader then your entry was totally wrong because why would you buy at the rally phase when you could have just wait for a correction. Perhaps FOMO is the main reason why you purchase are you? Anyway, I hope more rally comes for Bitcoin so that it wouldn't be a total loss for you. Just make sure that if you saw an opportunity to buy or to sell, don't hesitate to grab it.

If we would going to look his side in other dimension maybe he was a trader thats why he puts risk to buy bitcoin at this high price. And gladly he was able to afford at such price which this year was considered the ATH.


This is too much risky to consider even if lets say i am a trader or even i just wanted to keep bitcoin in my wallet or hard wallet because the price today was not economically practical to buy, hope that he waits a time where bitcoins value dip a little bit than affording at this value.

Some people says that the Bitcoin will be having a price correction where in it will crash around 10% before it goes up again. For me I really think this price correction would be a good time to invest in Bitcoin but analyze it well since it might either go crashing and not a price correction.

What? Did you think this is the perfect time to buy Bitcoin?. Well you are brave man it so risky if you invest right now we never know when will dump the price because once in the top it's vulnerable to dump. Well hopefully if Bitcoin will keep increasing this month.

If you are a beginner in my opinion it is okay if you have confidence and are able to predict the price of bitcoin will return up in the long term or in the next few months.
because with this you can help the movement of bitcoin for the better and maybe without us realizing that many people like them (OP) buy bitcoin at high prices because of their belief that bitcoin will continue to rise to reach the highest price even though it is risky but still their right due to the delay in getting to know bitcoin because bitcoin or other crypto is developing.

Thats some bold step you have taken, lot of people will not want to take that risk because the price is already very high, on the other hand, going by speculations btc is likely to go up to 50k, so if op is willing to be patient and hold strong am sure he will be happy.

If you bought just to see a fiat profit, you may have to wait for a while.

My prediction is that in the next couple of months Bitcoin will swing between $19 000 and $23 000. There are holidays in the next two weeks and usually people are resting in January, with a more active market from March onward.

Good for you that you learn to invest your money into bitcoin, For me there's no perfect time to invest in bitcoin as long as you have enough money to trade and to buy and sell but if you are new in crypto currency i suggest you to learn something watch on youtube read news about bitcoin to gain knowledge and not to risk your money because you think it is good time to buy bitcoin most of people following something that they think is new and thinking that they can easily gain profit from it without learning it first. Taking the risk is high when you don't know how you can manage your coins.

Buying at the top isn't always the smart decision to take, if you are a trader you should always look to buy low and sell high, not doing the opposite, but if your not buying it as a trader rather as an investor/long term holder, then your free to buy at any price you wish, because I believe either before the year runs out bitcoin might still be able to reach some new highs, I guess it might hit $30k before the year runs out, but next time try buying when it's not already at the top.

it's rather brave step because buying on the fast growing market is risky. in the near future there may be the price correction and you will have the opportunity for buying BTC at lower levels.

Maybe not, the Btc price movement started to increase significantly in the last 24 hours and there may be no correction to return to the low. but the OP has bought at a high price, I think he has dared to take a high risk by buying for $ 23k.

The main thing is that this is not a fatal mistake, in the past people waited 2 years to make a profit. If the nerves are iron you can wait.

Buying btc at this price is too much for me, you could have waited for a retrace to get a very good price. Although if you are planning to hold for a long time then you do not have a problem because eventually, the price will go higher but if you are planning to have it short then you might need to be on alert to get out of this position.

If you are asking whether it is a perfect time to buy a bitcoin then the answer is 50/50 because we are not yet sure whether the bitcoin will continue to increase it's price upon hitting the $23k price.

But what is sure is that we are not yet at the peak of the market even if the bitcoin has created a new ATH already because if we are going to check the other currencies,they are still at 50% at their old ATH so there is still time for the market to grow. What you can do is to hold your investment for long term one and don't panic whent the bitcoin price will go down as it is normal and it will surely to recover.

I'm laughing so hard i swear, why didn't you buy at 15k or 13k? why didn't you buy at 18k? picking the ATH to buy is not a good choice and my words are valid only for this period of time. If you are going to hold for too long then it will be fine but if you are just a swing trader or you'll expecting to dump soon then pray that 30K$ will be around the corner, it's likely to happen but no guarantees and you are in risk if you ain't holding for long :P

Not at all.and I guess, you already realize that you have mistaken.this is not right time to invest fund on bitcoin, although there is no problem if you buy that for trading.but i assume, you bought that for hodl and if so, they still have time to sold that, otherwise you'll face loss.hope this is a lesson for you and next time don't make same mistake and don't invest without any knowledge about that currency

If you only just started buying bitcoin then your journey has only just begun. It’s not a bad thing but you’re going to have to be patient if you want life changing money. Buy a fixed amount every month & hold for at least 6-7 years, this is how you’ll need to play it if you want huge profits.

If you're really an investor who believes in the long-term potential of Bitcoin, any time is a good time to invest.

If you're merely a trader, trying to earn a little fiat by buying and selling despite trading expenses, your timing is probably not the best.

You had lots of time to buy below $10k earlier this year. You already missed those opportunities though. You may get another chance to buy below $20k but don't count on it. It's still better to get in now while it's still relatively cheap. It's almost certain to go a lot higher.

Welcome to the club!  ;D
If events develop negatively, then you will be a member of this club for at least several years  ;) However, for a serious long-term investor, this is an absolutely standard situation. In addition, now you can already sell part of what you invested in order to fix a small profit.

If you don't know on what you are doing and unsure about how things go with bitcoins on next following days better to sell your acquired asset when bitcoin reach for more than the value what you bought and secure your profit since if you listen to the hype and wait for long term might you will be left behind and became a one of the bag holders who wish for another series of pump came, to avoid this to happen then do a day trades for a while.

Everyone has a decision whether to buy at any point, we can say that he can save $20k if bought bitcoin in March.
If no one buys bitcoin at $23,5k, how it suppose to reach $24k? People buy bitcoins on purpose, to use it as a medium of exchange, for trade, or hold it for the long term.
$23,5k as an entry point for trading probably not the best decision, but he still has chances to get profits at this rally.

This rally has barely begun.

You're taking the most risky bet possible by buying at the top of the market. As we've seen in the past a few whales can easily tank the price of Bitcoin if they decide they want to take a profit - then lots of people panic sell and they buy back once all the dust has settled. If you are willing to buy at this price and not look at it again for another year, maybe it'll work out for you. However if you will dump at the first sign it is going down, then it is a very poor decision.

Wasnt there a similar thread in 2017 saying "I bought at 19k"?

Yes, there is  :D  https://bitcointalk.org/index.php?topic=2889212.0
and some good reads about people who bought on 19k topic on following year https://bitcointalk.org/index.php?topic=4342262.0.

We would continue to see these kind of threads in future when someone do bought in the price of 29k, or in every 5k price movement.
People do have these kind of questions doesnt even know on what they've been dealing on.

Let them choose what they think is best because it will only lead to either learn from it or gain from it. There's no mistake of choosing when to invest, the only mistake is if never learn from your mistake and that is if OP sell low because he's already buying it during high. But, who knows if he wants to plan for a long term investment instead of dumping during this bullish season? It's up for him since I think he's aware of what's happening in the market that's why he invested it during high.

So long as there is new buyers you are ok, as soon as people feel its already gone too high or its 'expensive' then we stop there I think.    Alot of this price must be speculative moneyatary flows from weak dollar FIAT and the idea that government overspends.    So imo we stretch prices like elastic and it will snap back into place at some point, arguably some change is truely permanent and we rise long term but imo its over done right now.


https://talkimg.com/images/2023/06/12/AL2Q8.png

Here I put price on 1hr bars, blue line would be the 2 day average which marks our lows.   We are above a daily trend rise and the fib levels are the initial peak and low to this current move, again we are quite bullish above this first high with it staying as a low for now.


I should put a small note I was considering a buy around these levels but only as a trade and I would use stop loss, we are reliant on momentum imo but 30k is target I hear some say and I need to listen more on that tbh

congratulations, it looks like you now have a profit of $ 400 if you buy 1 Bitcoin at the price of $ 23500,
because now the price of Bitcoin has gone up to $ 23900, the latest bitcoin resistance is at $ 24k,
if can break it, the Bitcoin price could reach $ 25k or more.

Whales can bring down the market, but only for a short time - they cannot reverse the trend. Therefore, if he guessed right (or is simply ready to invest for several years since he invested free money), then in any case he will be in the black, the only question is the timing.

Happy for you mate but bought in the wrong time, what actually its high risky that if you catch a running train, same applies in the market as well. BTC was going beyond its previous ATH so none of them know what might happen but that doesn't mean it will keep on increasing. If you are new please have some suggestions with some analysts or with your friends who have strong knowledge in Cryptocurrency. However wait patiently and see what happens but make sure you don't buy it again in the same price or in a small drop.

That would be a Tough decision mate ,Knowing that 23k level is by far Expensive because we can But after correction happens.
Though i can't feel you since i Still have Mine that i bought back from 8k and below ,considering about the lowering of value after the Bullrun .

and Look today ,the Value down to almost 21k level again ,you have discounted by 2k if waited small time.

You bought BTC at 23.5k$? from Bounty reporting ?

https://bitcointalk.org/index.php?action=profile;u=2820868;sa=showPosts

And I doubt that You have the Guts buying that much ,Bounty hunters Know the market well and even Selling their coins right away after being Paid so why on earth you will spend 23.5k usd  when you have so much time buying early this year.
and what about this moment? the value drops 22K  ;D

I hope you have sold it at $ 24k, because now the price of bitcoin has corrected to $ 22800,
either Bitcoin price will return to $ 24k or maybe it will fall even further before increasing.

We don't know what would happen, it could either fall or rise, but if you stick with your target, you might be able to see it when the time comes. IMO, it's not wise to buy when the price is pumping, it should be the other way around, and it's time to sell without hesitation.

I won't buy bitcoin at $23.5k, unless I am into day trading and I am good with that.

I think you should have a plan before entering the market or crypto currency.
Most of the newbie's are only jumping in with only a mindset that it would make them rich or give them profit but the question is how would they do it?
It is like holding your Fiat on your hand with thinking that it would just multiply it's own.
Did you bought it to hold it or to have a quick trade for it?
You should have thought about it already.

If you really believe In Bitcoin and trust this ,There is no Price Barricade when to invest ,Look at those companies that Bought Bitcoin recently While the price is Bullying ,this one proof how Stablished people trust now and see the future of cryptocurrencies .

Bitcoin will be their Support in time that Economy Fell down hardly ,Maybe OP see's the same way though I doubt He will Because the other post above shared how we works In this market ,Meaning It is unbelievable that Bounty Hunter Like Him will Buy this Expensive when they had already knew the market flows ,High for Now and may low next days.

I can't believe how many pages this has been already, it is such a funny story how everyone has a hindsight story here. OP started his topic on 18th of December and we are already at above 7 pages today in less than 3 days later.

Normally when someone starts a topic saying "bitcoin will be 23.5k dollars" everyone ignores it, they say it will not happen or they say it will take some time, but when someone does something you do not agree with, you have something to say about it. Here we are above 23.5k already, and dude profited already, that was a good decision making according to the price right now. I would have to say that bitcoin will also keep going up if you ask me, you could buy from 24k and could still profit from it as well. I would like to also point out that altcoins still haven't had a huge bull run of their own, you could check that out as well.

It may ok for long term cause bitcoin is doing well and can be expect good return for long term investment.but if you are a trader and trying to trade bitcoin, the you might be in double cause bitcoin price is turning into dangerous zone.already deacrease more than thousand of dollar, which isn't a good sign.hope you already read the replies on this thread and sold your btc, and hope you aren't in loss right now

No one knows when the bull run will be ended. May be it is only the beginning. I also expect massive bull run in this coming year. But time  will say. If anyone have enough money or can wait, price of btc will grow and there will be profit in long term

Buying bitcoin at $ 35k is a high risk if you hold for the long term, indeed many people predict the price of bitcon can reach $ 30k,
but that's all just a prediction, everything can happen, dumps can also happen.

The only thing to think about when investing in bitcoin is timing. If you invest free funds and are willing to wait several years, then you almost certainly will not lose. It is much more difficult to calculate if you invest borrowed funds - the chance of losing here is much greater.

hold strong buddy that's the only way to survive the great bear market that will be upon us after the bull run although the bull run did not cut across the alts as it usually does, at this point it will be difficult to say the direction of the market, btc already touched 24k and correct back, if your intention is to hold long term then this little dip or big dip should not bother you so much.

It is true that buying bitcoin at the right time will have a better chance of making a profit. Investing can never be good if done in a hurry because the slightest mistake will cause unwanted losses. Investing is an activity that must be carried out very carefully and also with good judgment. Also the source of funds used as capital must be funds that can be received if our investment fails.

If the funds we use to invest in bitcoin are funds that we get from loans, then I think this investment will only increase the risk. Apart from the risks arising from price volatility, bad debt will be a second risk. I don't think it would be advisable if the funds we use are funds from loans.

It's not a perfect buy but it's still a good buy at that level, Bitcoin is not expected to go down $20k judging from the kind of momentum Bitcoin is having right now, if you are patient and you are good at HODLING your token then you have nothing to worry, one of thing that worries people is when they bought or invested on funds that they are not comfortable losing or they have to spend their saving investing in Cryptocurrency.

maybe it can be right what the colleague said above that it is not a perfect purchase, because the price is also quite high.
but there is no need to worry that the possibility of going down and up will always be possible for bitcoin. Please note that in an hour bitcoin can move quickly to go down or up, so if there is a decline it can be quite surprising and if there is an increase it is likely to break through $ 25k.

but this is a prediction from the past halving that this year is not the peak of bitcoin but it will happen next year which is likely to happen again renewable ATH can even be fantastic.
because% difference between 1st and 2nd Halving is very sharp, from there the prediction is estimated.
we hope that can happen, otherwise it means that the Halving does not reflect the true prediction and we must be prepared.

This is not a problem, you didn't do anything wrong by buying at 23.5k, people who are still not buying bitcoin are doing the biggest mistakes of their lives, people who buy (no matter what price) have made decent returns no matter what. Of course you may have bought at a "late" stage compared to many other people, people who bought at 20k back in 2017 barely made a profit only after 3 years, those are bad looking deals to people from outside. However if you are a smart investor you could always make a huge profit later on, why did people who bought at 2017 for 20k price made a profit only recent?

 Because the price only went above 20k recently, but what about those who bought at 20k in 2017, and then at 17k then at 15k then at 10k then again at 6k and then again at under 5k? Those people bought at many different places and made a huge profit later on way quicker. So, keep buying at lower or higher levels and you will do great.

I think buying bitcoin at $23500 depends, for me I will prefer to trade bitcoin and using spot or future trade will be good but they are highly risky, especially future trading. But to hold is not bad either, institutions are investing while many other investors could also invest, but if institution whales can invest, it can lead to increase in market capitalization of bitcoin. The two are better but depending on how expert someone is to make maximum profit.

What price one bought will not matter at all. What will matter is whether you sold it before you made a fortune. EVERYONE is going to make a fortune as long as they HODL or combo (HODL + Trade).

Any weird regulation which comes along may dump Bitcoin on its a$$ (sub $10k) but it will pick up in the long run.

I hope now you haven't sold it, because a few days ago there was panic selling occurred in Bitcoin,
if you panicked sell it and sold it at $ 21k, of course it's a bad decision, Bitcoin is very bullish until 2021,
so don't sell it at a loss. Even though we know the high volatility of bitcoins makes people afraid to buy them,
but for institutions they have already bought tens of thousands of bitcoins they hold!.

Only time will tell if your purchase at $23.5k is good. As of this moment you are already in profit, though I think you're not looking for such small gains and you are in it for the more handsome returns. Don't worry, it's not just you who bought at this price range, and even huge companies are also actively buying at this point and are keeping it in cold storages. The only difference is that they have the means to risk a huge sum of money, and you having to take the risk with a much smaller bankroll. Just sit on it and sell if you feel like you can't hold the pressure anymore. No one will judge you for sure. ;)

Although its difficult support after what you have done cause bitcoin price is on ath and record milestone, can be occurred something unpleasant anytime.and you let your fund to survive at high risk! but I'm glad to see, btc already cross $24.5k, what may makes you tension free.even the market is still bullish and verily possible to hit upto $25k within this year.although market is totally unknown but you are welcome to this bitcoin game

Exactly, although there are a lot of positive news for 2021, it might take some time to really realised a profit here because it seems he bought it on top. Nevertheless, the best thing to do is just HODL and hope that there could still be some positive news next year that will put the price of bitcoin in the range of $30k-$50k.

I think the OP knows the risk before hand, and willing to take it just like the rest of us.

I wonder what levels bitcoin should reach so that the consensus that the author did a good job (took a chance -> chose the right decision -> won) was fully achieved?  :D I think at about the level of 30k plus it is necessary to write to inform that the profit is fixed  8)

He will not feel the profits if his capital is only few bucks only but if he bought it with huge amount for sure he will enjoy the profits even by now and if he hold it until the price reached @$30k then provably he is more happier than that.

And hopefully he know to counter the risk since if he's the same with other riding with fuds and easily believe about dump hearsay then for sure he will lose his money for that reasons.

If you have bought bitcoin in a price of $23.5K, I think you are really happy today because bitcoin's price is now on $26K. So even you are a little bit late on buying bitcoin, you still have been able to gain profit in the middle of it's expensive price today. Buying bitcoin in an above price of $20K is a little bit of a risk because we can't honestly determine when will bitcoin's price will go up or down due to it's volatility, that we might experience a sudden downfall.

OP already earned a profit of around $3k in a short period of time as the price already crossed $26.5k and it was the right decision looking at the price at the moment. He was confident about the price moving higher and he took his chance and paid off. I am not confident to enter at this valuation even though i am confident that the price would recover even if we have a correction.

Of course, as I see it perhaps minimum $30k so see a good profit. Again, if he is here for the long haul then it won't be a problem for him to have this HODL mentality. Bare minimum @$30k and then hope for the best to double up @$50k.


Yup, he also need to stay mentally strong when there is FUD around, for most of us, who at least have been in crypto sphere for the last 3 years or more, we have someone learn how to control our emotions and not believed or at least do our due diligence first before listening to this negative news.

Op is really a strong person, because very few have got the mind to risk investing at a higher price. No one is sure about the growth. Reaping the profit investing at its ath is awesome. The trend of this year is completely different from the previous bull market. The volume rising everytime is good to push the price high and high. Hope the growth continues, and now more people will be thinking of an altcoin trend change.

Well, judging by his actions, if he buys 1 bitcoin, then by now he has made a profit of around $ 3000. however, it was quite a difficult decision for me to make, especially now that bitcoin has a very high price. however, he had great courage. it's just that, the next challenge is whether he will continue to hold back, or he will sell it soon.

As a momentum trader, I buying at highs and selling it higher. A lot of people mistakenly think that the price of the bitcoin is now too expensive without knowing that its price will increase more because it is currently trending. Being a momentum trader has risk because you do not know when the trend will snap, there are times that I sell in strength and sometimes in weakness. I actually entered in a recent trade where I have current paper gains which is 12% after I bought at the breakout in previous resistance at $24,200. For those who want to enter, there are still opportunities but be sure first that you have trading plan wherein you know when you will enter, when you will cut your position and when will you sell. It is not about holding for a long period of time, it is about following your rules in order to survive the market challenges and obstacles.

If you buy bitcoin for 25.5k now you have the advantage because the current price is 27.5k happened in just a few days, so there is no doubt to buy bitcoin now or before as the price keeps going up.
and the new ATH keeps going until it reaches a new ATH of up to 30k which I think will happen in the near future, so don't be left out if you want to invest before the price continues to rise and enjoy.

5k at its peak. Interestingly, OP will write how he acted after the purchase, personally, it would be interesting for me to observe the actions of a new investor when such a situation occurs - in a short time the profit is received and it can be fixed. Which will turn out to be stronger - greed (the desire to get even more profit) or calculation? I don't even know how I would have acted in his place.

Greed is sometimes the reason why we fail and I understand investors especially a newbie who have a little investment because they want multiple increase to get a decent profit, for some, a 10% increase is already huge but for small investors who invest like $1,000, that's only $100 so it's not really that satisfying, hence they'll continue to hold and maybe hope for an increase of x10 or more.

OP’s decision was very bold and on target because now bitcoin has risen beyond the price that OP bought.
Very rarely are investors or traders able to decide to buy bitcoin at peak prices. But now the OP is making
a profit. That is why we believe that bitcoin will always raise its price in the future.

Sounds like the OP got a great deal! Any bitcoin buy in the low 5 digits is gonna look like a brilliant move within the next few years, or even a year from now.

I agree with you, but if we proceed from this logic and take into account that the market is driven by large players, then the corrections and relatively "small" growth are quite explainable. Big players fix a small profit (30-50%) on large volumes. In this situation, small players are only forced to wait or increase their position on corrective movements.

Bitcoin price will increase more in future but we might see volatile movement in between. So buy bitcoin with the money what you can hold for long term then keep breathing. OP bought bitcion while it reached good position already, but the price still rising. Probably he have made good decision. And he is at good profit now even in short term. Though most of us believe that it's not good time to invest in bitcoin while the price increasing rapidly. But people also says, ‘it's never late to buy bitcoin.’

$ 23.5k? that's a very good level because you bought it there,
and if you are still holding you have already got 10% profit, because the bitcoin price is up to $ 28k,
and it is likely to continue, I hope you don't sell it for less than $ 25k.

Hopefully you will earn a profit by buying bitcoin and it will continue to increase more next year. Only 2 days and we see the new year and we are hoping the price will go to 30k dollars in the first month of 2021.

The crypto investors are holding the bitcoin because we believe it is not the end of the rising but it the starts and it really happens because base on my observation many people keep investing, promoting and supporting the bitcoin.

Right now Bitcoin is trading at around $28,000 per coin, and therefore the buyer is already at a profit of $4500 per coin or close to 16%. If the user doesn't want to take anymore risk, then he can immediately liquidate his holdings. After the tax cut and exchange withdrawal fees, he'll still get around 10% ROI. But I would recommend holding the coins for another 3-4 years and a target of $100,000 can be set for the long term.

He bought it for $ 23K and today the bitcoin price has hit $ 28K. His decision to buy at $ 23K was right. If he had 1BTC and sold it today, he would have earned it for around $ 5K. and what we all hope for is, bitcoin hit $ 30K at the start of the new year.

When i first saw this thread posted ,i did not comment as i want to see what happen sooner before i will react , that moment Bitcoin price is struggling to even touch 25,000$ so my prediction is that OP will fail in his intention as days closing to year end.

But seeing it again now? Congratulation is what i wanted to deliver because he had earn 20% from His initial investors seeing Bitcoin crossed $28,000 earlier.
And all His effort and risk is paid off, this is the best example how will the Bitcoin Believer become successful over the years ,because Bitcoin never fail what we expected.

Most perfect choose you have chance to buy bitcoin at $23,5k because I think at end year always bring bad for bitcoin but not in the end of this year, just waiting few days bitcoin reach above $30k. I don't prediction bitcoin could reach more than $30k because I think is enough for bitcoin raise only on $22k and then continue for going down before raise to higher price next year maybe, but my prediction was wrong because bitcoin have strong going to higher price before 2021.

A belated job well done to you then OP! I distinctly remember being on an online chat right about the time BTC broke the $19800 or thereabouts ATH (CoinDesk I believe pushed out the breaking news alert) and people were saying how they regretted not getting BTC right then and there instead of waiting for $15k dips that just never came.

So they missed out on 50% gains from that day because they wanted to "save" a few thousand dollars. At the point BTC does go to 6 figures, all the dip-buying won't make much of a difference now.

not everyone can make that decision. however buying at the new ATH price is a pretty tough thing to pick up. however, I think the OP has had a big advantage at this point. if he buys 1 bitcoin, the profit he gets right now is quite large, even I feel the price of bitcoin will exceed the price of $ 30k.

You got more than 45% ROI in less than 15 days? That what I call a gooddamn investment with double o yeah!
2021 officially removed the ATH from 2020 and returned its name to the covid year!

l think also that he is very lucky, that is why it doesn't matter how much money is BTC, every time is so great for buying BTC. It would be better to buy at 10k or smaller than 23.5k, however as l said it is still good. In my humble opinion BTC will be higher than 25k and maybe this year BTC can reach 30-40k. If l bought BTC at 23.5, l would hold it still till the end of this year :D maybe longer than l said.

At this current Btc price, does people who doubted $20,000 is an expensive buy still consider it really expensive?
This is exactly the same complain when Btc was still worth $1,000.
I'm not sure, but I think people would always complain like this as Btc keeps on rising and breaking new ATH.
There'll be time that $50,000 worth per Btc will be considered very cheap.

Already turned good for you :)

I didn't dare to buy new coins at $19 000+, but I'm okay. Everybody should know his place and capabilities, and it wouldn't be acceptable in my financial situation.

No one knows the limit where btc will go in this bull run. Where it will stop and start falling. It is always risky to invest in crypto, but each successful trade starts with uncertainty. I never think btc would touch 30k in recent year. I am happy even though I was wrong.

You bought btc at 23.5K $
and now the btc price is 33k $
are you going to sell it now?
Or will you still hold it?

OP does not anymore reply here, I hope he was able to make a decision to purchase bitcoin during the time he create this thread. Happy to know what OP did, if he will sell at a current price, it's already a good profit, but if he will hold longer and wait, there's a risk that the price will dump and he will missed selling it, that happened in the past, sometimes greediness made us look away the opportunity in front of us.

Considering that the author of the topic entered bitcoin quite late, most likely he is a new person for the crypto. In this case, it is quite reasonable to fix most of the profit - after all, in any other area, such an income in such a short time is considered very large. I don’t think he’s ready to wait several years (if there is a major correction) to get even more profit.