What is your Average Bitcoin Buying Price?

[ImThour]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?
Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

[1714807869]

1714807869

[OcTradism]

If you are care about average price, you can do Dollar Cost Averaging or Satoshi Cost Averaging. Tools are there to help but it requires you to have patience, determination and long term vision.

Many people say they invest in Bitcoin but a few weeks later, a crash wipes them out from the market. They are fearful and call crashes as nightmare. They will come back and buy at top again, unfortunately.
https://dcabtc.com/
https://www.blockchaincenter.net/dollar-cost-averaging/
https://www.blockchaincenter.net/satoshi-cost-averaging/

[Reatim]

This is hard because for Person like me that there is no consistent price to buy ? i think i will just vote for thebelow 25k for now as i have already holding my target amount now .
but of course if given a  chance to add in the value i can afford to buy then why not.

My average bitcoin buying price depends and the season, at the present bitcoin price of $33k my average buying price is between $10k to $25k but if the Bitcoin market price goes below $25k, then I will consider buying at $19k but I don’t think in this season we will have such opportunity to buy Bitcoin that low as the market is in a resistance mood.

that's what we have now to buy at that range because Bitcoin seemingly not going to fall under 20kagain.
well not this year i believe.

[OcTradism]

The average bought price of institutes is around $30,000 and they will try to hold it as strong support.

We can not believe that they won't manipulate the market and dump the price deeper. They have too big capital and they can play with price, fud, and bring Bitcoin to lower price, just to help them accumulating more Bitcoin with same capital they want to spend.

Whatever their plans are, if price falls more, accumulate more, and do more DCAs.

[mk4]

I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

If there's going to be a correlation, it's likely going to be a non-airdropped merit count than rank. With the assumption that high non-airdropped merit count is equal to high Bitcoin/crypto knowledge; hence probably higher likeliness to buy and not panic sell in bear markets.

[Wexnident]

Bought most of it when it went up to $10k, then sold at around $40k, then started DCA'ing just recently. My recent portfolio is pretty random since I don't really give a damn anymore about what the price is whenever I buy in monthly, I just buy it, end of the story.

Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

Don't think so? Even if they were newbies here, that simply means they are new to the forum, and not necessarily new to the market. Though you'd hardly see most of the old members here panicking at Bitcoin crashing since they've seen it all.

[tyz]

Funny answers! I would have expected more choice below $1000k Honestly, I have never bought any Bitcoin over 4k. And for 4k I bought last year only because the price had collapsed so violently by Corona that I was sure that it would rise again sooner or later, and because I had some cash left to invest. The most Bitcoin I bought somewhere between $80 and $600. Over the time, I have sold some Bitcoins from time to time, which of course have a high value, but relative to all purchased I have sold only about 50% so far.

[marilynmanson21]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?
Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

I initially bought bitcoin when it was still at 10k$, and I sold my assets at 40k$ yesterday, to make my new parfolio come in at 30k$ I didn't expect it to go down again like it is today

[Luzin]

I even forgot to buy the last time I bought it at what price. That was 6 years ago.
If I'm not mistaken I bought about 0.3BTC at a price of around 200$.
Until now I have never bought again. Maybe I'll have more luck if I know bitcoin in 2011.

[swiftbits]

I'm a small investor and usually play with my coins. 2017 was the last year that I was actively buying bitcoin; I have no idea what the technology is; I invest anywhere with no caution; I treat it like a token for an arcade game center. Now, I only earn it by offering services. I almost bought and risk money during the bull run this year, with the idea that it might peak higher. Luckily, I prioritize something else.

[wahyu wida]

I bought bitcoins from campaign results in 2018, probably around $11k at the time, and I sold kerarine for around $50k, and I think it's a sweet wait, as my assets have increased by about 4 times. certainly makes a very good record, which within 3 years has achieved an extraordinary percentage increase. and this time I started to buy it back but gradually

[evilgreed]

               I really do not have an average number in my portfolio since I prefer to buy and sell almost everyday not just bitcoins but also alternative coins. While I also hold some and DCA, I can easily part with anything in a whim if I see that there is something wrong with the project like development, roadmap timeliness, the community, partners, etc., etc. I never buy, hold nor sell based on emotions but based on market conditions and project conditions. I just find it boring to just hold forever when there are ways to increase my bags. time of holding for me can last from a few days to several years depending on conditions.

[DeathAngel]

Below $1000 to be honest. I’m lucky enough to have been around in 2015 when I bought most of my coins for a price many would consider very cheap.

[maxreish]

Got some when bitcoin dropped down to $3k before. And if it will gonna go down just below 20k, I will definitely buy some again. And about that forum rank, there is no significant correlation between price buying, etc. It all depends on each member what price do they wanted to buy bitcoin, as long as they know how to make some profit out of it. Then regardless of the price, it will definitely be worth it.

[pooya87]

Buying bitcoin for me is not a one time thing where I dump a lot of money in at a certain price and that would be it. Instead buying bitcoin is a constant operation whenever I get some extra cash that I dump and I have been doing it ever since price was about $400 back in 2014 and continued falling down to $150 and I kept at it until $60k and will continue dumping fiat until bitcoin is $10 million.
Of course I don't only buy bitcoin, I earn it and sometimes it is profit from trading shitcoins. So it is hard for me to come up with an average.

[ImThour]

Buying bitcoin for me is not a one time thing where I dump a lot of money in at a certain price and that would be it. Instead buying bitcoin is a constant operation whenever I get some extra cash that I dump and I have been doing it ever since price was about $400 back in 2014 and continued falling down to $150 and I kept at it until $60k and will continue dumping fiat until bitcoin is $10 million.
Of course I don't only buy bitcoin, I earn it and sometimes it is profit from trading shitcoins. So it is hard for me to come up with an average.

Sounds like a plan, pooya.

I am also trying to do something like this however I am little bit late to the party i.e. I have started accumulating BTC from 2020.
I still don't have a complete 1BTC but I am close to my goal

Thanks for motivating.

[Kemarit]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?
Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

I have sub 1,000$ and sub 10,000$ price that I bought Bitcoin in my portfolio. I also bought a lot during the Pandemic when the price is 3,000$ and I'm still gonna hold on it as long as I can. This is a long game game, specially if you are a investors and not a trader and speculator. And I'm sure that those who have bought Bitcoin at a cheap price are not going to sell all their stash in one go. Even at all time high of $64,000, I doubt that there are long term holders who dump it.

[Kong Hey Pakboy]

Currently the bitcoin price is $33k but i like to buy it at a range of $10k-$25k. Even i can say that if it comes below 20 then at a price of $19k i will prefer it more and will buy at this range, which will be better for me.

Why be squeamish when you can go much lower than that I mean there's still a chance that bitcoin could go back to 4 figures prices this year even though there's no clear for doing that but we all know that it's possible because of bitcoin's volatility. For me though, I would probably have bitcoin go at any 4 digit figure before I buy because I want to make the most out of my capital because if it ever goes down to that point, I am sure that the surge in prices is going to be much bigger.

[pooya87]

Sounds like a plan, pooya.

I am also trying to do something like this however I am little bit late to the party i.e. I have started accumulating BTC from 2020.
I still don't have a complete 1BTC but I am close to my goal

Thanks for motivating.

No problem. Let me give you more of my personal history which others may also share for extra motivation.

The first time I heard about bitcoin was from a close friend who I stupidly ignored. It was back when you could easily mine bitcoin on your PC using your CPU and later with your GPU and get the sweet 50-12.5BTC reward. It was probably somewhere in 2012.
When I started in bitcoin world it was 2014 after the big bubble burst and during the big bear market. I endured a lot of FUD and dumps as I said before price was still going down from about $500 and it went all the way down to $150.

In fact I believe I have lived through one of the biggest bitcoin FUDs to this day which came from a bitcoin core developer called Mike Hearn who outright called bitcoin "dead" as he quit bitcoin. This was 5.5 years ago. The media coverage on this was huge, in comparison the FUD these days talking about China ban or Musk nonsense don't even come close! an article

Long story short all these years I ignored all the FUD and the drama that always circulated the media about bitcoin. I simply looked under the hood, increased my technical knowledge and saw the real potential of bitcoin and the financial sovereignty that it offers which is priceless if you think about it.
This is why I always refer to bitcoin (specially in dips) as cheap or undervalued.

[ImThour]

Sounds like a plan, pooya.

I am also trying to do something like this however I am little bit late to the party i.e. I have started accumulating BTC from 2020.
I still don't have a complete 1BTC but I am close to my goal

Thanks for motivating.

No problem. Let me give you more of my personal history which others may also share for extra motivation.

The first time I heard about bitcoin was from a close friend who I stupidly ignored. It was back when you could easily mine bitcoin on your PC using your CPU and later with your GPU and get the sweet 50-12.5BTC reward. It was probably somewhere in 2012.
When I started in bitcoin world it was 2014 after the big bubble burst and during the big bear market. I endured a lot of FUD and dumps as I said before price was still going down from about $500 and it went all the way down to $150.

In fact I believe I have lived through one of the biggest bitcoin FUDs to this day which came from a bitcoin core developer called Mike Hearn who outright called bitcoin "dead" as he quit bitcoin. This was 5.5 years ago. The media coverage on this was huge, in comparison the FUD these days talking about China ban or Musk nonsense don't even come close! an article

Long story short all these years I ignored all the FUD and the drama that always circulated the media about bitcoin. I simply looked under the hood, increased my technical knowledge and saw the real potential of bitcoin and the financial sovereignty that it offers which is priceless if you think about it.
This is why I always refer to bitcoin (specially in dips) as cheap or undervalued.

This is quite a knowledge, thanks for sharing this with me.

Also, I strongly believe what Hal said as I posted in one of my posts:

Just don't forget these words by Hal and you all will be good.

"With 20 million coins, that gives each coin a value of about $10 million."

I am on a long journey and getting profits is not what I am here for.
You know what? I might die with all my crypto still in wallets. 

Glad I am part of a revolution.