What's Happening? $31K

[Kemarit]

I plan to buy some but btc is getting out of my reach.

1 BTC? if you can't afford then simply start on stacking just sats, I think if you are thinking of getting a whole bitcoin then it will be out of reach for us majority here. That's why for me, just invest what you can afford, you can't start from $50-$500 or set aside monthly money coming from your salary to put into bitcoin, simply as that.

Investing is not that complicated, the problem is that people wanted to get rich very quick. You say it's expensive today, but you are going to miss the boat if it goes 6 digits in the next year or 2.

[pakhitheboss]

In my opinion anytime is good to enter the Bitcoin revolution. The price of Bitcoin will go up. It took two years for Bitcoin to break it's old ATH. There were investors who did bought Bitcoin in 2017 and they are still waiting patiently for the price go upto 50k. Think of the bigger achievement rather thinking about petty profit.

[Lordhermes]

The price of Bitcoin will go up. It took two years for Bitcoin to break it's old ATH. There were investors who did bought Bitcoin in 2017 and they are still waiting patiently for the price go upto 50k.

It took almost three years to recover, and why do you think investors should buy now, I think it should be applicable to the patient investors, as for me, I can't find a way into the market now because if it crashes down, I will sell for heavy loss, but for patient investors who might wait for 4-5 years for recovery, let them do so.

[lovesmayfamilis]

Today the bitcoin price has become even higher than yesterdays. It is difficult to advise something in such a market. We are all together experiencing historical highs in Bitcoin at an extraordinary rate. There is always the risk of falling at an unexpected moment. But who else wants to buy Bitcoin, probably should take the risk. As the rally is gaining momentum, and it becomes more interesting to be at these distances.

[BrownSuS]

I plan to buy some but btc is getting out of my reach.

Bears will probably get into the picture now as after every parabolic upward trend 📈 , the bears pushes the market down

[ene1980]

I plan to buy some but btc is getting out of my reach.

The price of bitcoin is going out of reach for every common investor. The price is rising rapidly and it is hard to understand the logic behind this rally as the price is above $34k and it is hard to foresee how long this rally will last and i would personally stay away during this time as a correction from this situation will hurt you badly as it will take a long time to reach these levels again if there is a correction.

[Marcus69Nio]

Truly, looks like BTC price is much more independent than I thought  I hope this is only beginning and bitcoin will keep on going up but I must agree with each new day of such crazy growing there are more chances of correction coming. We must be careful and notice all risks before investing in BTC right now.

[ReiMomo]

I plan to buy some but btc is getting out of my reach.

I don't know why people think to invest when bitcoin spike too much in the market. When they saw that bitcoin was reached the highest amount in the market and when bitcoin has very well known due to the huge skyrocketing.

Where they are when bitcoin has been crashed too much and that is the perfect time to invest in bitcoin. If you want to invest now, that is not too late but your profit will I guess will less be compared to if you invest when bitcoin was on $10K below.

It's not too late to invest right now, but this is for another 4 years of holding not just a month of seeking profit.

[fauzan123]

In my opinion anytime is good to enter the Bitcoin revolution. The price of Bitcoin will go up. It took two years for Bitcoin to break it's old ATH. There were investors who did bought Bitcoin in 2017 and they are still waiting patiently for the price go upto 50k. Think of the bigger achievement rather thinking about petty profit.

I think it needs additional references to reach 50k, like you said that it took 2 years for bitcoin to reach the new ATH, then will that also happen again this year?

I think the pandemic could be one of the reasons why bitcoin can reach a new ATH, and it is not impossible that it will experience a new ATH again in the near future, as long as this pandemic is still ongoing.

Because there will be many digital systems that will be formed which will make bitcoin easily recognizable to new circles, so that its movement will continue to experience a positive trend.

[Reid]

Had the same thought at $25k.
But look at it. Could've made some profits by now.
That the thing about Bitcoin. It's volatile. Difficult to predict where it will go. Almost impossible.

You could always wait for the price to drop or just buy it now and be optimistic that it will still pump next week or next month.

[sportclub2010]

I plan to buy some but btc is getting out of my reach.

You need to plan based on your capabilities. If you do not have the opportunity to invest in bitcoin at the current rate, expect the price to decrease.

[kryptqnick]

I plan to buy some but btc is getting out of my reach.

if so, it would be sad to buy 1 bitcoin. Can you see that at the moment the possibilities for bitcoin cannot be compromised. If you don't feel confident about taking a high price position, wait a few moments. because this will be risky if you insist on buying.

If a person is planning to buy and then forget about it for about 5 years, the current price is probably still good. But if it's not that long-term, I also would not risk investing at the ATH. Buy low, sell high. I'm sure that even though Bitcoin is currently being very impressive, it will go down eventually and there will be an opportunity to buy at a price which is twice as low as the current one. FOMO has to be set aside, and one should understand that buying now is a very risky decision because the price is very likely to drop once the bull run's over.

[blockman]

I plan to buy some but btc is getting out of my reach.

Heard of the same words when bitcoin crossed $10k, $15k, $20k, $25k, and now we've passed $31k because it's already $32k. And just saw it $33k quickly then go back to $32,877.

same old, same old.  . for sure, if btc will hit 40k, we will hear the same.

there's no right or wrong entry in bitcoin. as a trader or holder, your goal is always to stick with the simple rule of trading - buy low, sell high. of course if you bought your btc at 31k, you will sell at a higher price. as no one knows what will happen to the btc market couple of months from now, or years from now, what you need to do is just keep up with the market. no one can tell you what exactly you need to do at a certain period of time, because it's all on you.

Yes. No one has all the means to tell what will happen in the future but with analysis and adoption that we're witnessing from the institutions, this clearly tells that you should get an entry as soon as possible or decide as soon as you've noticed that they're not joking into buying most of the bitcoins in the circulation. Demand and scarcity will make its price high and by the time that we're no longer seeing those past prices and you haven't bought yet, you will regret it.

[Mrsonutiten]

I'm thinking about to buy 0.05 BTC tommorw can you suggest me guys when right time for buy🤔

[ChrisPop]

Institutions are getting their toes dipped into the market. Personally I expect a lot more news like "xyz fund/company enters the bitcoin market". Until now, there was not the right playground for high net-worth individuals to play. Now that the price is getting towards $100k, big money will pour in the market.

People must understand that Bitcoin is pushing away against fiat currencies, but you can still buy fractions of a unit. If Bitcoin is going mainstream I believe we will be talking in terms of millions in a few years.

[lebregone]

You should act now before it's too late even if it is out of your reach doesn't mean that you cannot buy btc anymore, you can just buy btc to what you can afford because
bitcoin will surely to continue to increase it's price.

If you wonder why, the bitcoin dominance is already sitting at 72.1% which is the highest so far if I am not mistaken and this dominance will not go down easily especially
in this kind of momentum.

[asus09]

Right now bitcoin correction moment after break out $34k and how much bitcoin dump will be above $30k or more dump until $25k, we can't any expectation after bitcoin success in new year break to higher price, now moment for bitcoin correction and stop investing until bitcoin touch on support price, better try to short bitcoin on future trading because right now best moment during bitcoin have correction price you have enough time for seeing bitcoin going down.

[Rehan Zakir]

This is a bitcoin bull run where the big investors are continuously investing. They just pump the price to create a hype and when they get their huge profits then they dump the price of the bitcoin.
Bitcoin next resistance level is near to 35,000$. If it breaks this level then the next flight of bitcoin is 40,000$.
I am very confuse that i have to buy the bitcoin at current price or wait for the dump.

[tinopener]

Buy these percentages:

10% bitcoin
20% tesla (as you seem to enjoy speculation)
60% S&P 500 tracker (to keep you sane)
10% US govt bonds (which have tanked the last month, but will beat the S&P 500 by 30% in the next crash)

See how it goes, and then change your allocation next time once you've got a taste for it all.

[MCobian]

Bitcoin's performance is amazing, no wonder many investors are willing to buy Bitcoin at high prices. But my advice is not to buy Bitcoin now,
because the price is too high. There is a very risk of dumping, better to wait for the correction to occur. For a while your capital can be stored
first in the stable coins, so it is not affected by volatile markets. If the Bitcoin price corrects to $ 20,000 price I recommend buying it.