I bought BTC at 23.5K$

[ije07]

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.

[whyrqa]

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.

[bakasabo]

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.

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.

[kevinzxz]

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

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).

[Baimovic]

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

[adzino]

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.

-snip-
What is the prediction of price for now with reason?!

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.

[sapnu]

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.

[blckhawk]

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?!

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.

[k@suy]

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?!

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.

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.

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.

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.

[Zackgeno96]

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?!

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.

[meldrio1]

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.

[bitzizzix]

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.

[Anonylz]

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.

[masterzino]

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?!

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.

[Noctis Connor]

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?!

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.

[Traderbtcc]

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.

[nikola22]

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.

[Marble777]

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.

[MishaSER]

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.

[Mealea]

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.