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Author Topic: Buying at 35k?  (Read 2011 times)
lunder0592 (OP)
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October 24, 2023, 11:29:34 AM
 #1

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
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October 24, 2023, 12:19:45 PM
 #2

is 35k te expensive to buy bitcoin?
It all depends on whether you plan to hold for longer period of time, and what are your expectations when it comes to bitcoin price.

Sinnce I believe that bitcoin price in the long run will be much higher than that, I do not think that 35K is too expensive. So far I've been buying bitcoin in the range from ~$2k up until ~$50k and will most likely keep buying once bitcoin goes over $100k. DCA ftw.

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October 24, 2023, 12:41:26 PM
 #3

Imagine you bought Bitcoin for $19K on 2017, you would say you bought it very expensive when you were on 2018-2020, but you on 2021 you would say you're not entirely wrong to bought at $19K that time.

Now it's same, you're think $35K is expensive since Bitcoin price in this year mostly stay around $20K-$30K, but you forget if the bull run isn't happen yet.

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October 24, 2023, 12:42:57 PM
 #4

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

What have you the courage to buy around 30k and 31k. I think you are only afraid now because bitcoin pump to a recent high but don't worry, if $34k becomes a strong support, we can see an upside move before the end of the month because there is a monthly candle that bitcoin must close and if indeed ETF motion is still positive, it will stay above that price. So you have nothing to fear if you are holding but if you are short term trader take your profit and re-examine the market again.

You can also buy at this 34k and use a trailing stop loss or just use stop loss. It will help you minimize the lost, that's why you are a trader, you should use it for proper risk management.

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October 24, 2023, 12:45:49 PM
 #5

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

What's your goal? If you're holding for the long term, then the current market hype doesn't matter much. What we're witnessing might just be a temporary market frenzy, and prices could go up or down. No one can guarantee where the price will go, but if you're holding for the long haul, you should be fine.

You bought at 31k, and if you look at it now, that's already an instant profit. But since you're thinking of buying more at a higher price, I assume you're in it for the long term. I'm pretty sure that when the bull run comes, you'll likely enjoy even more profit if you intend to sell. However, as I mentioned, make sure you have a clear goal in mind.

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October 24, 2023, 01:20:09 PM
 #6

For someone who buys large amounts of BTC, the price difference of $5000 or maybe $10 000 is really something that can have a decisive factor in the decision whether to buy or not - but I don't understand why it is such a problem for those who buy for several tens or hundreds of $ per week/month?

It is true that you pay a higher price for less BTC, but that problem stems from the fact that you are always waiting for some kind of sign, and how long have you been given the opportunity to invest below $30k, and even below $20k? Bear market periods are the best for accumulation, and the same thing has been repeated with some minor variations for at least ten years.



...but is 35k te expensive to buy bitcoin?

The same question was asked when the price of BTC was $1000 and $10 000, and your question is actually a good answer - let's put it this way, anything under $100 000 is cheap Wink

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October 24, 2023, 01:28:08 PM
 #7

Buying at $35k is dependent on your investment plan. Although the price currently is still at the point where one can buy too but it would be nice you buy with your spare cash as the market is volatile. If you plan holding for a long time then you can buy as profit is guaranteed for a long time holder wereas halving is just six months from now you could be at advantage making more profit. If you opt for a short time, then I suggest you follow Antotena recommendation but you will do your own research for the trading techniques that best suits you.

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October 24, 2023, 01:31:57 PM
 #8

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you had bought at the ranges of 26k, 27k, 30k, and 31k then you must be making some profit now. If you have still some money then I would suggest you to not buy more at the current price tag. Because market might make some corrections and might come down to 32k or maybe 31k again but all that revolves around only one news.

Which for now is, SEC news of ETF, if they accept the ETF then we might see the market at around $50k (maximum). But if they delay it then we might see some consolidation at the current price tag and if they go against it then we might see BTC at 29k maybe (Hard guess).

Overall, if you are planning to hold for longer period of time like the next ATH then it does not matter if you buy at 35k or not because you have to increase your number of satoshies.

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October 24, 2023, 01:48:55 PM
 #9

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
It is true that many people only want to buy Bitcoin when they see that the price is rising, just a small pump up to $35k and the fomo effect has already started. Mind you that some of these people who have started asking questions about Bitcoin, would sell in the next correction period, only to return when the next pump happens, rinse and repeat stuff.

OP, i guess you are not buying one Bitcoin, so you prolly should forget about what the price of one Bitcoin is and accumulate what you can afford to lose. Buying at intervals irrespective of the price is what we call DCA, and if you are a newbie with limited understanding, using that srategy would save you the headache of trying to time the market.
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October 24, 2023, 01:57:41 PM
 #10

If you had bought at the ranges of 26k, 27k, 30k, and 31k then you must be making some profit now. If you have still some money then I would suggest you to not buy more at the current price tag. Because market might make some corrections and might come down to 32k or maybe 31k again but all that revolves around only one news.

Just like you have stated bitcoin is not predictable and as such I would advise him to continue buying every time he has the money to buy. If he has had the thought of bitcoin taking correction when he bought at those prices he did he wouldn’t have got the opportunity to do so. We might all be speculating a correction too and the price to fall below $30k but that is not certain, so it will be a very huge risk trying to wait for a fall now which might not come soon considering how unpredictable bitcoin.

The OP seems to be on a right part of accumulating at varying price which seems he is using the DCA method, I would advise he continues doing that gradually and be stashing more satoshi. Should the price falls, the DCA done will cover the loses, should the price increases the DCA will still maximizes the profit.

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October 24, 2023, 01:59:14 PM
 #11

For me yes, i am keep buying every keep at constant rate no metter the price.

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October 24, 2023, 02:02:39 PM
 #12

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
$35k is not too high based on many predictions. It is expected that the bitcoin price might exceed its ATH sometime next year, giving you the opportunity to make profit. But these forecasts are not certain so the best option is to have a long-term plan. A long-term plan is necessary because the price might not get to your target which will necessitate longer hodling. I will also suggest that you start preparing for the bull run early using DCA because it will be cheaper and less risky.    

If you had bought at the ranges of 26k, 27k, 30k, and 31k then you must be making some profit now. If you have still some money then I would suggest you to not buy more at the current price tag. Because market might make some corrections and might come down to 32k or maybe 31k again but all that revolves around only one news.
If OP is targeting to sell his bitcoin next year, then the best time to buy is now. It is possible that bitcoin might not come down again to a much lower price than the current price. My suggestion is that if he still has money let him keep buying but he shouldn't buy when it gets to $40k and above.  

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October 24, 2023, 02:34:58 PM
 #13

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Where is your investment capital from?

Is it from your own pocket?

If it is from your pocket, not from any loan, you are good to think further. How long do you plan for your investment? This question is important because an investment plan like 4 years or 6 years will be easily with investment plan in 1 or 2 years. Because Bitcoin historically has its cycle last 4 years for each. If you only can hold your coins in 2 years, that will be good if 2 years are bullish but will be nightmare if 2 years are bearish.

You can understand it better with https://dcabtc.com/

Choose investment period: 2 or 4 years and when you start. You can try with two different starts, one in start of bear market and one with start of bull market.

You can use another website with ROI chart for Bitcoin with time frame from 1 month to 10 years.

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October 24, 2023, 03:57:00 PM
 #14

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Today the price looks expensive because there's a rise that's now making the rounds but tomorrow (next 1year) this same price will now be looking a lower amount because by then it might be 2x higher than what it is today. If you have a plan of hodling long then this price at $35 isn't  anything near expensive when  correlated with bitcoin market cap.

Have you stop to consider how you felt when you bought at 26k/27k/30k and now the price has bounced up to 35k doesn't that says much that in the coming month's we're going to see a more higher price than this? Keep DCAing mate the only time bitcoin would be said to be expensive is when it gets to it's market cap.
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October 24, 2023, 04:04:40 PM
Last edit: October 24, 2023, 05:41:23 PM by Faisal2202
 #15

Just like you have stated bitcoin is not predictable and as such I would advise him to continue buying every time he has the money to buy. If he has had the thought of bitcoin taking correction when he bought at those prices he did he wouldn’t have got the opportunity to do so. We might all be speculating a correction too and the price to fall below $30k but that is not certain, so it will be a very huge risk trying to wait for a fall now which might not come soon considering how unpredictable bitcoin.
Exactly, so the best practice for him might be to divide the capital into parts, and only invest some part of it in BTC at the current rate, and when BTC will come a little down, then invest another part. Or set buy limit orders, I don't know why, but I have a strong feeling that BTC will come back to 32k (Note* Do not trade on feelings). Which does not make a big difference if you have a small capital to invest but vice versa.
The OP seems to be on a right part of accumulating at varying price which seems he is using the DCA method, I would advise he continues doing that gradually and be stashing more satoshi. Should the price falls, the DCA done will cover the loses, should the price increases the DCA will still maximizes the profit.
I can not agree more with you, that's the benefit of doing DCA, buying at $35k might be an expensive deal but DCA will make it cheap one. Because in the end, a holder wants to increase the number of satoshis he/he holding onto. And if Op will buy at $35k the satoshies will increase. But OP did not make it clear that, if he is planning to do DCA or Lump-Sum, because he just said he wanted to buy more but to him, $35k is an expensive price tag.

I will just say, divide the capital, do DCA with that, try to remain more active, because this week is full of surprises.

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October 24, 2023, 04:34:09 PM
 #16

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

No, 35k is not that expensive to buy from, consider two things from this regard, we are approaching the next Halving soon, bitcoin market is pumping it way out of the bearish season to a bull market season, then lastly, you have to consider the last all time high and compare it to where we are today, bitcoin market is just on a rising to maintain strong resistance against bear, if you buy and hold, it will be your own advantage.
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October 24, 2023, 04:57:26 PM
 #17

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Because you saw the price jump not to $35,000 so you call it a little expensive? It's not really that you can see the price more than the price now.

Then if your goal is to invest long term why not buy while the price is still half of the previous ATH? I believe $35,000 is still quite low and buy if you are still able and brave.
Most investors already know it's still low even though you've had prices in the $20,000 to $30,000 range all year.

R


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October 24, 2023, 05:03:10 PM
 #18

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

No price is too expensive to buy bitcoin. It’s the hardest money that ever existed, bitcoin is by design set to go up against it’s $ exchange rate forever. As long as you have long term thinking then it is never a bad time to buy bitcoin.

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October 24, 2023, 05:47:47 PM
 #19

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
I wouldn't think that buying Bitcoin even till $100k is expensive because I expect it to go past that level with a fresh ATH that will come with the 2024 halving. However, I think you should allow it retrace and make a little correction before you buy. With that, you will be  buying at discounted rate. It has to drop to pick momentum again, given the way it skyrocketed yesterday and today. I expect price correction to take it to $30k to $31k.

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October 24, 2023, 05:50:26 PM
 #20

If OP is targeting to sell his bitcoin next year, then the best time to buy is now. It is possible that bitcoin might not come down again to a much lower price than the current price. My suggestion is that if he still has money let him keep buying but he shouldn't buy when it gets to $40k and above. 
I also meant to say the same, that if Op wants to hold for a longer period of time then it does not matter that either if he buys at $35k or not, because overall, the profits will be his, and all he wants to do is to increase the number of satoshies, which I already said before. Maybe you missed that part. I suggest if he had money, and wanted to do Lump-sum then he should not do that because in his reply he did not mention that either he wanted to hold those BTC and buy at the current price of $35k by doing DCA or Lump sum.

If you really think if OP wants to book profit in 2024 or 2025, maybe in the upcoming Bull run, then why are you saying buying at $40k is not right because IMHO, BTC is going to cross $40k and if the OP or anyone will buy A $40k then by holding, they are not going to make lose. Overall, it all depends on the planning of the OP, whatever he wants.

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October 24, 2023, 06:15:04 PM
 #21

but is 35k te expensive to buy bitcoin?
First, congratulations if you've bought the price that's under the current one. $35k is expensive if compared to the current price is quite higher. But soon, when the bull run really comes to the market, you'll see how it's still cheap right now. We can't prove yet how cheap it is because we're not yet on the higher price but we'll be there in a matter of time. And also depends on your capacity right now, if you can avail to buy at that price then that's good. As per looking at the price now, we're seeing Bitcoin playing from $33k-$34k and if it stabilizes there, you can decide whether you want to buy now or wait for its correction.

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October 24, 2023, 06:49:08 PM
 #22

Hallo people,
I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
In my personal opinion 35k price of Bitcoin for investing or buying is not expensive. Because if you saw the all time high price of Bitcoin it was about 2x of 35k.
Now get back to the main point. Looking at your bitcoin buying strategy, it seems to me that you want to invest in bitcoin for the long term. And if it is then I think investing at 35k wouldn't be a bad idea even though the price of Bitcoin has dropped below 35k now. However, many analysts believe that 36k+ may show resistance ahead. However, in the end I don't think the bullrun started as Bitcoin pumped a bit. So I think if you wait some more time you can get better dip.

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October 24, 2023, 06:50:16 PM
 #23

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

What you need to know, investing in bitcoin depends on the goals or targets you want to achieve. If your target is long-term profit, of course buying bitcoin at whatever price it is now is not too expensive, because bitcoin's ATH a few years ago was at $69k.

What you have done is actually correct if you want to invest in bitcoin in the long term, you have actually carried out the dca strategy indirectly because you have bought bitcoin in stages starting from the price of 26/27/30 and now 31k. Take a look at the price of bitcoin recently, are you doubtful about bitcoin? Bitcoin prices will continue to increase, you just need to be patient and wait for the halving moment, which will be there soon.

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October 24, 2023, 07:50:55 PM
 #24

If it is part of your DCA strategy, buying at $35k is like part of the normal process. Although we're done from that point, still what if the price kept on rising and never went down again? Although that's an impossible thing that every pump we see, it won't be down again. That's also another process that's normally happening that no matter what price it is that you see, you'll just DCA. But if you're buying bulk and one time at the same time, that expensiveness at that rate will be felt a lot. That's why if you're just DCAing and you're just buying in some amounts like a few or couple of bucks, you won't feel the difference that much. And long termer on this market that sees the future or has a vision for the future price, $35k or even $40k won't be much compared to the next peak that we might see.

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October 24, 2023, 08:10:13 PM
 #25

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

You're in the best position to answer this yourself because it depends on how much you believe in bitcoin and it potential. one of the things to be aware of is that the crypto market is highly volatile and the price of Bitcoin can fluctuate quite a bit. I believe you are already aware that there's a risk of losing money if the price drops. But at the same time, there's also a chance of making even more profits if the price goes up. So the decision to buy Bitcoin at any given price is really up to you and your own risk tolerance.

If you believe in the long term potential of bitcoin, you can still buy now. Although, it's impossible to say for sure whether 35k is too expensive to buy Bitcoin since the price of Bitcoin is constantly changing but tracing back the history, we have a long way to go and you can make use of this opportunity. Just risk what you can afford to lose.

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October 24, 2023, 09:06:57 PM
 #26

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

you use the DCA method and it is very popular at the moment for bitcoin investors. btw just make bitcoin ATH your benchmark in buying bitcoin gradually, because if you look at bitcoin's ATH, the current price of bitcoin is still far below it. there are other things that have the potential to make the price of bitcoin even higher, that is the halving moment, so don't hesitate to buy bitcoin when the price is at $35k.



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October 24, 2023, 09:51:48 PM
Last edit: October 25, 2023, 08:13:05 PM by kawetsriyanto
 #27

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You're talking about profits, have you sold your Bitcoin?  Undecided
Sure, when you bought them below the current price, you get the profits if you sell now.
But if your target is for selling at the bullrun season, you must hold them and not too early talking about the profits now.

Regarding your plan buying at $35k, I think it is like panic buying. You must understand that when Bitcoin can reach a new high price, it must drop again. The previous price was about $29k, so it is possible that the price drop again around $30k-$31k after it reached $35k today. If I were you, I prefer to see & wait first. I will decide to buy again after a few day, look at how the potential of the price to drop again.

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October 24, 2023, 10:06:19 PM
 #28

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Since you have previously purchased some Bitcoins, I would advise you to refrain from making new purchases at this price level. You should not spend all the available money to buy coins and you should always have a part of the stablecoins in your wallet that you can spend on buying when the price drops significantly.

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October 24, 2023, 10:26:58 PM
 #29

Hallo people,
Hi

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You are trying to accumulate Bitcoin as fast as possible but you should not be in a rush. No time is the best and no time is worst time to buy Bitcoin it all depends on the strategy you are using to accumulate. All the price you bought the previous one you are  now seeing an upward trend so mathematically you on profit. If buying more Bitcoin now at 35k would go against your strategy of accumulation then i will suggest you should not buy more unless its otherwise. For instance if your Dcaing buying Bitcoin now does not affects as long as it involves gradually accumulating a certain amount periodically. Investing in Bitcoin should be done with money you do not afford to loose unless your buying large like lump sum when ever the price go down to the desire amount you can afford. 35k is not expensive to buy as long as you can afford it, if it is an amount you know you can afford to loose then you can buy or DCA gradually and buy .

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October 24, 2023, 10:50:59 PM
 #30

-snip-
Since you have previously purchased some Bitcoins, I would advise you to refrain from making new purchases at this price level. You should not spend all the available money to buy coins and you should always have a part of the stablecoins in your wallet that you can spend on buying when the price drops significantly.
Yes - that's DCA [Dollar Cost Averaging]. OP can apply the DCA strategy when investing - but if he has plans to be a long-term investor, then a lump sum is fine too. After all $35K is the highest price of the year which just happened yesterday. I'm not sure buying and investing in those areas is a bad thing, especially since bitcoin seems to be getting more demand ahead of the halving. Of course DCA can help him get a better average price - but OP will have to fit that into his plan.

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October 24, 2023, 10:59:44 PM
 #31

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

What have you the courage to buy around 30k and 31k. I think you are only afraid now because bitcoin pump to a recent high but don't worry, if $34k becomes a strong support, we can see an upside move before the end of the month because there is a monthly candle that bitcoin must close and if indeed ETF motion is still positive, it will stay above that price. So you have nothing to fear if you are holding but if you are short term trader take your profit and re-examine the market again.

You can also buy at this 34k and use a trailing stop loss or just use stop loss. It will help you minimize the lost, that's why you are a trader, you should use it for proper risk management.
The way am even seeing bitcoin I think that the price of bitcoin will soon rise because we are already approaching next year 2024, any bitcoin you buy now I don't think that you will lose because predictions people is emphasising that the price of bitcoin will go high immediately we enters 2024, but that is not I believe, I do believe the investors who invest in bitcoin more than the people who think that its mandatory and compulsory that bitcoin price will definitely fall or being questioning why did he or she purchase such amount of bitcoin,its better as op purchase the coin because nobody knows tomorrow if bitcoin price will increase more than what we expected

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October 24, 2023, 11:49:45 PM
 #32

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Even while the price was at $26k, $27k, $30k and $31k at which you bought from respectively were all a high price to some. A bet you there are those who couldn’t buy for this exact reason of a high price and still haven’t bought up till now. You’ve succeeded to set a DCA plan in motion, even without you noticing it, you could as well continue the buying and not be too concerned of what price it is.
What should be your concern at the moment is what plans you’ve got for your investment.

Your earlier buys are all in profit with the current price boom but, it doesn’t mean there are assurances it would stay that way. Bitcoin prices do fluctuate but your plans ensures you only get to sell if you must, while your in profit.

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October 24, 2023, 11:49:49 PM
 #33

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

I think it depends on your goals. If you want to hold short term then you need to be careful because usually after the price rises quite sharply there will be a slight price correction. However, if you intend to hold bitcoin for the long term then the current price still seems quite cheap

Predicting the price of bitcoin is not easy, and therein lies the risk in bitcoin trading. If you have a good monthly income then I suggest you hold bitcoin for a longer time because it will be better

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October 24, 2023, 11:50:31 PM
 #34

We may not know what would happen to the price movement after buying it at $35k. No price range would guarantee you anything.

If I were in your shoes though, I would wait for the market to calm down and successfully maintained it's current support level before deciding to buy at this price.

I am currently at a profit because I've bought them somewhere around $19k to $31k range respectively last year with my extra "not beer" money because of being a long-term thinker by doing DCA (dollar-cost averaging).

If you are that kind of thinker who doesn't really care about the price but more on the long-term result, then this may possibly answer your own question. Just my two sats.

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October 25, 2023, 04:44:35 AM
 #35

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Because if you invested 31k bitcoins then you should have profit on current position. Don't invest now, wait until this October when Bitcoin will drop again and invest. and make decisions for long-term stockpiling. Keep in mind that Bitcoin will most likely not drop below thirty thousand again, but will rise to $40,000 by the end of this year.

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October 25, 2023, 05:03:05 AM
 #36

It's best to wait for the price to correct before you buy it again.
$35k is the price where people are starting to sell, but you are still buying.
You really have to manage how and at what price you buy, DCA is fine but you have to know when is the right time to buy and when to get out. Buying when FOMO is too hasty, even though you can still get a cheaper price.
I know your target price is still high, but buying at a lower price is better.
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October 25, 2023, 05:50:58 AM
 #37

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

$26k, which was the lower price you bought, was already pretty expensive because at the start of this year, Bitcoin dipped to $16k. That should be the benchmark for deciding if it's a good deal or not. So, if you're still buying at $35k, it doesn't seem that bad, especially when you consider that Bitcoin reached $60k as its all-time high. Just think about its future potential; take a step back and look at the bigger picture. I'm pretty sure you won't sell it right away once you start seeing some profit, right? The current all-time high is only at $60k; in the next bull run, I'm confident it'll surpass that, maybe even hit $100k easily.

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October 25, 2023, 06:38:02 AM
 #38

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Bagging more pieces of bitcoin at the present status of the market seems like a solid strategy but there's awareness about the high volatility of the market. If I happen to be in your shoes, I would probably sell off the available bitcoins in my portfolio, then withdraw the profits. Next action is for me to scalp another good entry on bitcoin chart, thoroughly implementing technical analysis, I personally wait for the market to come to me, illustrating hitting my entries and bagged another pieces, this process can be carried out over and over again repeatedly. Though going for long term projects, bitcoin ought to be among because fee years back, it dumped from ATH to ATL and there's strong probabilities of bitcoin retesting back to form a new ATH.

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October 25, 2023, 08:20:56 AM
 #39

Now you are afraid of the price, which has become a little higher, but imagine that it does not fall to the price that would convince you. You will definitely regret missing out on buying now. So make a choice, and don't blame yourself for the decision you make. In the end, each of us is going to hold at least until the halving, and there is still plenty of time to buy. Make it a habit of not checking the price regularly, and then your decisions will automatically be made to buy at any price.

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October 25, 2023, 08:50:53 AM
 #40

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You can if you think that bitcoin would be worth more in the future. Right now its RSI is quite high and this might suggest a pull back but of course this level suggest too a healthy run for bitcoin so it might start to rise in the coming days and if you add some news on the bitcoin etf approval and related news, it really fuels some hype and bullish sentiment for everyone while also waiting for the bitcoin halving which served as an indicator of bull run like last time.

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October 25, 2023, 09:09:15 AM
 #41

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

But given that the price is less than this, why can't you purchase? I am aware that all of this may be part of your plan, but you might have made significantly more money than this right now. Well, it all depends on how you look and your strategy. You may proceed if you determine that now is still a perfect moment to buy. No matter how long it takes, I think you can still turn a profit. I am aware that you cannot possibly lose money in it. You purchased between 26k to 31k at a risk, and you have no regrets. I can still claim that purchasing bitcoin now is too not  expensive; but, you are still taking a risk by doing so. We all think that the price of bitcoin will rise above this, but we cannot simply predict when. Simply keep in mind that a profit needs to be built if you have the funds to purchase you can, it's all your choice.

R


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October 25, 2023, 09:20:15 AM
 #42

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You can if you think that bitcoin would be worth more in the future. Right now its RSI is quite high and this might suggest a pull back but of course this level suggest too a healthy run for bitcoin so it might start to rise in the coming days and if you add some news on the bitcoin etf approval and related news, it really fuels some hype and bullish sentiment for everyone while also waiting for the bitcoin halving which served as an indicator of bull run like last time.

People just forgot the fact that bitcoin is at low price compare as before so there's nothing to get panic on such situation since we provably know that it could stretch up in future. For now its expected that there's a pull back to happen since that cycle normally happen after the pump. Also If that ETF approval will really happen and we can add up the hype brought up by the halving event then imagine on what price we are heading on. For sure there's a lot of demands will be created at earlier and this will be continue until next year since to many people are so positive on those news effects. Hopefully we can see that ETF approval to happen since to many people monitoring about those news and we can see Bitcoin consider as good asset by those officials.

R


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October 25, 2023, 10:06:18 AM
 #43

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
It depends on your investment goal and experience my friend, but if I were you, I might wait for now. The reason is that first, you've already bought and won your Bitcoin, congratulations on that, but also at an expensive price. Buying at about $35,000 is more expensive at this time that the market is heavily overbought.

Why not wait for it to make a correction and buy it when another bullish trend is being reestablished?

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October 25, 2023, 11:33:22 AM
 #44

Its a good position that you've bought your bitcoin at the price of 31k I guess you doubt the bitcoin when the price drops of 24k USD, but still it depends on your goal, its all depends on your strategy and plan if you want to hold your bitcoin since you bought it and wait for the next ATH its good because you do not need to make stress up things with the market volatility but if you will make a trade every market price movement do a scalping or short trade so you don't need to wait for a long time to your profit. Just my sats halving is coming possible price fluctuate before the next uptrend.

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October 25, 2023, 12:00:25 PM
 #45

As far you're hodling for a long time then it's not a high price.
We can speculate all we want but the truth is we can't say with certainty how the price will be in the short run, but I can say with a degree of certainty that the price will go high in the long run to an extent that $35k it is today will be a relatively low price.
If nothing else, Bitcoin halving will surely make us see a bull run, maybe not as much or high as in other years but Bitcoin would experience a bull run because speculations will increase the demand for Bitcoin thereby increasing the price.

R


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October 25, 2023, 01:36:40 PM
 #46

I also meant to say the same, that if Op wants to hold for a longer period of time then it does not matter that either if he buys at $35k or not, because overall, the profits will be his, and all he wants to do is to increase the number of satoshies, which I already said before. Maybe you missed that part. I suggest if he had money, and wanted to do Lump-sum then he should not do that because in his reply he did not mention that either he wanted to hold those BTC and buy at the current price of $35k by doing DCA or Lump sum.
Though DCA for investment is not easy to do but can do, a harder thing is take profit after your DCA process. At the end, taking profit is what we all have to do because investment is to get profit. We are only different with each other in times, when we take profit and how we take profit.

If you can have a long plan for investment and take profit, you will feel less pressure to find market top and time the market. You can take profit gradually with time, or can consider it as DCA profit taking.

Quote
If you really think if OP wants to book profit in 2024 or 2025, maybe in the upcoming Bull run, then why are you saying buying at $40k is not right because IMHO, BTC is going to cross $40k and if the OP or anyone will buy A $40k then by holding, they are not going to make lose. Overall, it all depends on the planning of the OP, whatever he wants.
I would like to have a longer vision and longer profit taking plan than 2024 or 2025. I am sure it's nothing wrong to take profit when you have it but if a Bitcoin investor can hold bitcoins like 2 or 3 halvings and market cycles, I believe profit will be more massively.

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October 25, 2023, 02:15:25 PM
 #47

is 35k te expensive to buy bitcoin?
It all depends on whether you plan to hold for longer period of time, and what are your expectations when it comes to bitcoin price.

Sinnce I believe that bitcoin price in the long run will be much higher than that, I do not think that 35K is too expensive. So far I've been buying bitcoin in the range from ~$2k up until ~$50k and will most likely keep buying once bitcoin goes over $100k. DCA ftw.
The next bull run is fast approaching and we all know what happens when bull run happens and the last time bull run came around bitcoin price was up by around 7x and we are expecting the next bull market in less than a year and we don’t know how far bitcoin will move this time around. Speculations have been around claiming bitcoin could do 10x this time around but all are just mere speculations, no one is certain about it.

OP, Say bitcoin follows its past trend and moves 7x and you bought bitcoin around 35k you would have made a profit of 7x of your investment. It really depends on Op’s plan, if he plans to hold for a long period then 35k is not too much in my opinion as well. We all have our various views and expectations so it just depends on your expectations regarding bitcoin movement over the extended period of time you have in mind to hold.

R


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October 25, 2023, 02:26:40 PM
 #48

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Any price below previous ATH can’t be considered as expensive. Surely the price may correct below 30K but Bitcoin price can suddenly jump in an insane price which makes you left behind.

Just keep buying at any price whenever you have free money that you can allocate to Bitcoin since no one knows when will the bullrun start. This current will soon be the “I hope I bought on this price level” when Bitcoin price is on 100K and above just like when the time when Bitcoin is below 10$ while people just keep selling their holdings in panic.

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October 25, 2023, 03:31:15 PM
 #49

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
The market is currently in a very bullish position, as the Bitcoin market surged to touch $35,000. And if you bought some bitcoins at $31,000 then you definitely have a good amount of profit right now. Also, if you are motivated to buy see and science then I would say don't buy now but be patient for some time. Bitcoin market may go down just as it goes up, so you have to be patient for some time to invest later. Also, if you want to invest for long term then I suggest you buy and hold bitcoin now for bull market. If you have a long-term plan, then you should definitely buy bitcoins at the current market price.

R


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October 25, 2023, 04:10:56 PM
 #50

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
After investing $31k you are already in some profit and since the price of Bitcoin was once $68k+ it is not unusual for Bitcoin to make a new ATH again. So you can continue to invest up to $35k but of course following DCA will allow you to manage risk and HODL up to the new ATH to get huge profits. Bitcoin investment is always a good idea because it is a strong coin where it is easy to invest but the profit is very high but no required any hard work

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October 25, 2023, 07:31:14 PM
 #51

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Buying at $35K is still a fair price for accumulating bitcoin if you plan to hold for a long time. If the bitcoin price has not yet broken the previous all-time high, I believe it is still an excellent moment to buy bitcoin at any price. Many people believe that by the end of the year, the price will have risen past $35,000. If the price reaches a higher level than it is currently and creates a new support level, you will be unable to buy at a lower price than it is now. When purchasing bitcoin, one should not overthink things in order to avoid creating panic or anxiety and missing out on the better price to accumulate.

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October 25, 2023, 07:48:54 PM
 #52

Bitcoin broke its long time resistance at 32k which is a bullish sign. From here even if we make small corrections, it can be like bitcoin will make higher lows and higher highs gradually. Bitcoin made almost $10k within few week so you should wait for the price to make a higher low before you can start rebuying again. You can continue this method every time bitcoin makes a new high.









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October 25, 2023, 09:11:17 PM
 #53

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

No, remember Bitcoin had reached $69k way back in 2021, so the price $35k in reference to its all time high can be considered an almost 50% discounted sales.  Besides, the upcoming halving have high possibility to trigger another bull run that may break the current all time high.  Buying at $35k is really a bargain if the prediction of many optimistic analyst happens after the bull run.

But of course, we need to consider our funds since other than lump sum, we can also DCA to lessen the burden of huge outflow of money in a short span of time.
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October 25, 2023, 09:31:05 PM
 #54

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
$35k is too much, but when you bought at $31k, you didn't complain that it was too much. Seriously,  everything is left for you, and no one can make a decision for you. Just do your analysis, and if you say bitcoin is high already, then you can just leave it. But if you are investing for a long time, then I will tell you that bitcoin is still cheap at $35k. No one can say how high bitcoin will be going in the next few years, but I can tell you that if you didn't buy at $35k because you think bitcoin is already high, then you will end up regretting later in the future why you didn't accumulate more bitcoin at $35k. But just as I said earlier, it's left for you to decide.

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October 25, 2023, 11:17:59 PM
 #55

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Currently, Bitcoin's position is in an uptrend, so when shots and holders take profit, of course they will get quite good gains. except for those who bought Bitcoin for the holder's birthday and are more focused on taking profit during the next bullish era.

In this case, if you have taken profit at that number and want to make a purchase, why don't you wait a little more time? Indeed, this is just speculation, but usually after experiencing an uptrend like this the Bitcoin price will experience a market correction. Who knows how big the decline will be but in a few days it might be different. Try doing indicator and prediction tests. But if you really don't have a problem with this price and hope to invest it for several months or to prepare for the next bullish era, actually it doesn't matter because this is Bitcoin. However, for shorter term, you may have to be more patient if the market drops again.

R


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October 25, 2023, 11:41:43 PM
 #56

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
It depends on your investment goal and experience my friend, but if I were you, I might wait for now. The reason is that first, you've already bought and won your Bitcoin, congratulations on that, but also at an expensive price. Buying at about $35,000 is more expensive at this time that the market is heavily overbought.

Why not wait for it to make a correction and buy it when another bullish trend is being reestablished?

For those who have to buy bitcoin they should wait for a retrace and should never buy in FOMO. If anyone missed the move from 29K to 34K, then do not regret or FOMO to enter at the 34K+ price. You might still make a profit by entering here but we have some rules defined and should follow them, one of them never entering if the train is missed, no panic buying or selling too.

Secondly, for those who have already accumulated the bitcoin, 35,000$ is not an attractive price to sell unless you are on a future trade (that is meant for the short term). If you are holding bitcoin in a spot for not sell them unless you need urgent money. It's just a matter of a year or less where you will find bitcoin over its previous all time high.
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October 26, 2023, 05:18:53 AM
 #57


I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

It totally depends on you because you know yourself how you want to make your investment or what your plan is but I can tell you if you want to hold bitcoin for long time then you can definitely buy because the future of bitcoin is very good if you  If you think about the last two years, you can see that the price of Bitcoin is $69K Dollars From there the price of bitcoin went to all time high but again the price of bitcoin dropped to $15K dollars but if you hold long you can buy bitcoin anytime because big investors are not selling their bitcoin yet they are holding it.
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October 26, 2023, 02:08:12 PM
 #58


I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

It totally depends on you because you know yourself how you want to make your investment or what your plan is but I can tell you if you want to hold bitcoin for long time then you can definitely buy because the future of bitcoin is very good if you  If you think about the last two years, you can see that the price of Bitcoin is $69K Dollars From there the price of bitcoin went to all time high but again the price of bitcoin dropped to $15K dollars but if you hold long you can buy bitcoin anytime because big investors are not selling their bitcoin yet they are holding it.
It would be better for him to make further plans after successfully buying bitcoin at that price. But if I were him, I would continue to buy bitcoin because the current price is still low.
We have to pay attention to the future that hasn't happened yet and if we already have a plan to invest in bitcoin, we have to stick to that plan and go through with it.
The current price is still considered a low price considering that there is the potential for very high price increases that could occur. And many analysts predict the price of bitcoin could reach above $100k.
So if he can continue investing in bitcoin, buy more, and hold it until the bull run comes, he can definitely make big profits.
It all comes back to his plan, whether he has bought enough bitcoins or wants to buy more. The time is still here now.

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October 26, 2023, 02:40:03 PM
 #59

~Snip
The market is currently in a very bullish position, as the Bitcoin market surged to touch $35,000. And if you bought some bitcoins at $31,000 then you definitely have a good amount of profit right now. Also, if you are motivated to buy see and science then I would say don't buy now but be patient for some time. Bitcoin market may go down just as it goes up, so you have to be patient for some time to invest later. Also, if you want to invest for long term then I suggest you buy and hold bitcoin now for bull market. If you have a long-term plan, then you should definitely buy bitcoins at the current market price.
If someone invests at price $31k, then they will make a profit of $10 for every $100 of budget they invest (current price). This means they will make as much as 10% profit on whatever budget they invest, and of course that is a great return to receive. You could sell it now and wait for a price correction to buy again at a low price, but this strategy certainly requires patience because the market never always moves in the same direction as we want.

Buying at the top is not always considered a bad thing as long as you are in it for the long term. Someone who bought at the 2021 ATH still has hope of getting a return in 2024 or 2025 especially when bitcoin becomes very bullish due to the halving or something else affecting it. Moreover, accumulation during bearishness can make them recover losses more quickly, that's because the average price they get is lower than the initial purchase price.

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October 26, 2023, 02:47:30 PM
 #60

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Buying Bitcoin for the price of 30k up is quite big for us  but when we analyze like what jaw head said above in past few years some investors felt like what you've feel in short they have a doubt if they will buy or not cause the price is around 26k  but now they are spending thier profits. But still it's up to you Op if you want to buy Bitcoin nowadays or you must wait another months or even year to make the price dropped.

R


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October 26, 2023, 05:57:10 PM
 #61

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Every price is a good price to buy, but this all depends on the purpose of buying the bitcoin. If you were planning on buying to sell and take home some quick profit, then buying at 29k could have been the best entry price for you and then selling at 25k, which is a profit that's worth a lot for a short period of time.

With the current price right now, from your time of this thread to the time that I'm commenting, the price has already reached 35k twice and dropped below that, which if you are to be a short-term trader, does not look good at all.
 
My advice is that if you are not going in for a quick profit, then you can buy now and keep it. Why wait for a bull run? You might be waiting for the price to drop further. As for yourself,  the question is, what if it doesn't?

The best thing is either you buy with what you have now and wait for the bull run or you buy DCA, which might also be an easy way for you to accumulate as you don't have to care about the current price as of your buying time.

R


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October 26, 2023, 06:37:19 PM
 #62

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
I think the price of bitcoin will go beyond what it is presently, I don't think it is too expensive to buy bitcoin in the current price it is in the market, buying bitcoin this time that the price of bitcoin is 35k is not a late time for investor's who are willing to hodl. I know now that the price of bitcoin is going up some people may think the price of bitcoin will keep on increasing steadily which they would want to invest to make profit very fast. Bitcoin is unpredictable,  even if we are entering into the bull season it doesn't mean people can still predict to expect profit very fast.

R


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October 27, 2023, 08:26:17 AM
 #63

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
I think the price of bitcoin will go beyond what it is presently, I don't think it is too expensive to buy bitcoin in the current price it is in the market, buying bitcoin this time that the price of bitcoin is 35k is not a late time for investor's who are willing to hodl. I know now that the price of bitcoin is going up some people may think the price of bitcoin will keep on increasing steadily which they would want to invest to make profit very fast. Bitcoin is unpredictable,  even if we are entering into the bull season it doesn't mean people can still predict to expect profit very fast.

Yes, if we look at the long term, buying at $35k will still net you a profit, you just have to be

a: HODLer - which means accumulate as much as much as you can even in the bull run
b. Have the tough mentality - which means you will be tempted lets say the price goes to $70k because your investment has double. However, what we are looking at is a price around $100k minimum. Because that is what the most of the speculators are prediction, 6 digits. So you need to be mentally prepared and just be teased because of the profits. You can even profit even more if you will continue to HODL.

R


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October 27, 2023, 02:26:56 PM
 #64

Buying now after the price has more than doubled from the bottom and we’ve just had a significant rally shows some real confidence. Long term I’m certain it’s a good buy point, but for traders I can understand why they would be hesitant and awaiting a pullback. At some point the dips stop happening and we launch though.

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October 27, 2023, 02:37:05 PM
 #65

Let me ask you this, OP.
What if you bought at 30k in 2021, then at 40k. Would that make you feel uncomfortable? It probably would since at the time it was the highest price ever recorded, but it wouldn't change a fact that a few months later it was at 68k.
Now this isn't the highest price recorded, but people still have this fear of buying.

Every single price point could theoretically be the highest and the last opportunity to both buy or sell bitcoin. How you proceed from here should depend on your confidence in bitcoin and many other things like how much fiat money you have on the side. If I had 10 million lying around, I'd be buying at any price point. If I had only 1k in fiat fiat and 1 bitcoin, I wouldn't spend my last money to buy more bitcoin.

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October 27, 2023, 03:06:27 PM
 #66

Depend on your decision, I think if want accumulate bitcoin as much possibility and you want to be long term holder its not bad ideas buy bitcoin right now but give moment awhile for bitcoin bit drop under $35k. Today bitcoin price around $33,900 and right moment if you want buy back and keep hold it until raise to higher price, you have earned much profit before when investing in bitcoin around 26/27/30 and 31k and more excited keep accumulate until halving time arrive.
Looks more promising in several months later with bitcoin potential close halving up to higher price, still not late although bitcoin success raised to $35k its not really expensive depend for future potential price will be close with last ATH price,  keep your own research are right moment to buy bitcoin right now or waiting for few days later but don't be disappointed when bitcoin make another moving up price.

R


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October 27, 2023, 03:09:02 PM
 #67

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
I think it's not ideal to buy on that price because any time soon it will retrace before the price go higher and create another high. Always buy in the higher low or swing low to maximize our profit if we are longing. However, we can't predict the price movement in the market, so all we have to do is to anticipate and look for sign of weakness to occur before we decide to buy. Base on my analysis, the possible price it can go is around 30k. If ever you miss the opportunity because the price didn't go 30k, don't lose hope immediately. There is always opportunity in the market.

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October 27, 2023, 06:46:05 PM
 #68

I decide based on some very simple rules. One of these rules is if I feel good owning bitcoin that's bought at certain price level.
It feels like OP felt fine buying at 30 and 31k but is starting to have doubts as we get close to 35k, which to me would be a red light, a sign that I should stop buying.
If you don't feel comfortable at a given price - don't buy it. You're here to hold and be happy, not to wake up at night to check the price.

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October 27, 2023, 08:12:59 PM
 #69

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
1 Bitcoin is traded at today's price. You dare to say that you all made a profit because you bought it below the current price. You should have a clear answer if you buy Bitcoin at a price of $35k.

The feeling of the expensive price of Bitcoin is felt by people who do not intend to own Bitcoin and have no knowledge of Bitcoin.
If you have a basis around profit and loss, I think the question of whether $35k is expensive to buy Bitcoin is unnecessary to ask.

The thing that people who understand profit and loss should think about is what the price of the previous ATH was and what the price of the next ATH will be. How big is the profit when buying at $35k and how much is the loss because you think too long about the high price.

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October 27, 2023, 09:12:36 PM
 #70

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you bought at $35k and look at the market right now, you’ll see a loss but if you will look at the longer time frame, then the price right now is still ideal and a good opportunity to buy. Do DCA for now, it is the best way to deal with the market and as you can see, the price is still not stable and there’s still no assurance that we will pump that much, also think long term and plan ahead.

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October 27, 2023, 09:58:33 PM
 #71

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
What are your goals and how long do you plan to hold that bitcoin? Without knowing that it is impossible to know if bitcoin is in fact too expensive for you, because something being expensive or not is relative to the needs and wants of each person, if what you want are short term profits and sell your coins in a few weeks then 35k could be in fact too expensive of a price for you, although the price right now sitting at 33.5k, but if your goal is to hold bitcoin and sell it when the bull run is ongoing then 35k is a cheap price to pay for bitcoin.

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October 27, 2023, 11:59:43 PM
 #72

The price is predicted to continue its bullish move. It continues to have the uptrend as the investors are much into buying. The RSI is at the overbought which makes the bullish move strong. The market is gaining resistance to move higher to cross the $35k barrier. This won't be broken shortly. It could fall back, till $31000 and retest to move forward. Based on this market situation it is good for OP to continue his buying at the moment and look for increasing his holding through trading participation. Right now is good as there is regular market fluctuation happening in a better range.

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October 28, 2023, 12:34:54 AM
 #73

Why not wait for it to make a correction and buy it when another bullish trend is being reestablished?

Buying now is still not too expensive as the price cannot be predicted and nobody knows how the market will be in a short period of time. If you said he should wait till the price goes lower than this, who knows if this is an opportunity for him to buy and the price may start rising? So the thing is that if he is hoping to hodl for a long time, it is still okay to buy more if he has the funds in hand, as we all believe that the price might be higher than we are thinking, or if we say he should wait, he may eat the money he has already budgeted to buy more and add to his investment. So for that, I think the OP can go on and buy to hodl for a long period of time, but he should invest the amount he can afford to lose.

The feeling of the expensive price of Bitcoin is felt by people who do not intend to own Bitcoin and have no knowledge of Bitcoin.

Something being expensive to someone is not all about knowledge; what matters is the ability to purchase such a thing at the given price. We have many people who are willing to hoard bitcoin, but the funds to buy it are not there, and it is not that these people lack the knowledge they have, while others are there who have already bought it but need more, and the current price is too high for them. Are we going to say that these people do not have the knowledge? Nah mate. So I think you should also consider the condition. Sometimes you may wish to buy something, but due to finances, you may not get such a thing at that time because the money it requires is not there, and you will see it as something expensive even if you know everything about such a thing.

R


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October 28, 2023, 12:44:43 AM
 #74

well its 33.9 so you have a better price than 35k.  just get a small piece and look at it next week to see if you want more.

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October 28, 2023, 02:01:29 PM
 #75

Why not wait for it to make a correction and buy it when another bullish trend is being reestablished?
Buying now is still not too expensive as the price cannot be predicted and nobody knows how the market will be in a short period of time. If you said he should wait till the price goes lower than this, who knows if this is an opportunity for him to buy and the price may start rising? -snip-
I don't think you understand how the market works, because if you do, you won't just advice like a layman without having a valid reason to buy at that expensive level, one should advise like a professional or keep mute. Of course, no one is perfect in investment but there still exists conditions to guide investors, have you thought of that?

This is an investment, not trading that one could miss out on outrightly and painfully, anyone could enter if the bullishness persists in investment. But with what Bitcoin is doing now, with its hesitation to buy further having bought almost $10,000 in just a month, don't you think it's ideal and most reasonable to wait for a correction? An opportunity to buy cheap?

You don't just know how the market works, and if you can risk it, let others use their wisdom. After all, the guy has already bought Bitcoin, he's not missing out outrightly, it's wise to DCA at this point and not continue to buy foolishly at once at this current expensive price.

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October 28, 2023, 02:17:18 PM
 #76

Hallo people,
I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you zoom out and look at what the price of Bitcoin could do in the future, And considering that you are not after short-term gains or expectations, $35k is still a fair price for one to accumulate some Bitcoin even way up to $69k previous ATH, Should Bitcoin mirrored the 2x plus in price it did in its previous bull cycles. Use an amount of money that you think you are okay with losing and have little or no worries and wait patiently, we are getting closer to the main event the more.

R


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October 28, 2023, 07:18:39 PM
 #77

Hallo people,
I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you zoom out and look at what the price of Bitcoin could do in the future, And considering that you are not after short-term gains or expectations, $35k is still a fair price for one to accumulate some Bitcoin even way up to $69k previous ATH, Should Bitcoin mirrored the 2x plus in price it did in its previous bull cycles. Use an amount of money that you think you are okay with losing and have little or no worries and wait patiently, we are getting closer to the main event the more.
You can buy Bitcoin at $35k, of course, it is half of what the last ATH was, this is not bad , those who see it badly are because they will buy the Price where it was at $26k and they did not buy there because it was Something they should have take advantage, but since People are told that bitcoin is going up, they should take advantage of the fact that it is a good Opportunity , if everyone thinks that it is not going to go up, that is a lie, I have ideas that I told them they would buy and they didn't, and when they see the news they buy, when they buy it they didn't tell me anything because it makes them sad , but I do Keep telling them to buy , it went up a little, but they have to keep Buying , because the Opportunity is still there.

R


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Hamphser
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October 28, 2023, 07:24:25 PM
 #78

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Depends on your risks management and depending into your decision because we dont know if the price would really be that tending to shoot up more to 40k or not but since you've been  buying up with those 20k+
price then it is obviously that you are indeed in profits, The question is, are you going for long  term? If yes then it would really be not that much of an issue if you do buy on 35k.
But for me then i would really be waiting up for some correction since we've been going up recently and i do anticipate that there would really be some pullbacks on which i would say that it would
really be that worth on re-entering when it comes to price or maximizing possible bottom but still not an assurance.

This what makes things really that hard on which you cant really be so sure if your purchase or buy points are really that worth and its normal that we are really that going
for the most bottom price as much as possible because we know that going bottom would really be able to maximize your profits with that.

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October 28, 2023, 07:38:04 PM
 #79

I know people who got into Bitcoin at 50k$ so I think buying BTC at 35k is really a good deal as long as you have the patience to wait and not get into panic mode and sell your BTC.

Right now , if I was in your place I would patiently holding my Bitcoin and maybe even accumulate a bit more if you have goods for it but if not , just wait for it to enter into full Bull run cycle as for now we are still testing some prices , zones and all of this are happening while the whales are accumulating even more. Grin

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October 28, 2023, 07:39:18 PM
 #80

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you bought at $35k and look at the market right now, you’ll see a loss but if you will look at the longer time frame, then the price right now is still ideal and a good opportunity to buy. Do DCA for now, it is the best way to deal with the market and as you can see, the price is still not stable and there’s still no assurance that we will pump that much, also think long term and plan ahead.
Yes, so after buying at $35K, never look at the price again because it will be a little curious and become doubtful because the loss continues to eat away at it.
If the plan is for the long term then of course the current price is ideal to buy unless he is a trader then will continue to think about the price movement.
DCA is the best way to invest with a long-term plan that will continue to accumulate until a certain price then I myself will continue to buy at the current price.

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October 28, 2023, 07:51:03 PM
 #81

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you bought at $35k and look at the market right now, you’ll see a loss but if you will look at the longer time frame, then the price right now is still ideal and a good opportunity to buy. Do DCA for now, it is the best way to deal with the market and as you can see, the price is still not stable and there’s still no assurance that we will pump that much, also think long term and plan ahead.
Of course if you have patience and the ability to invest in bitcoin for a few years, now would still be a good buy. After the halving, usually the price always started to rise. Next year there will be a halving, so there will definitely be a bull market in a few years.

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October 28, 2023, 07:53:15 PM
 #82

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

If your plan is long-term, you can buy, but if there is a possibility of immediate exit from the market, you may need to think again. The prices you purchase are at very good levels and you can keep cash in your hand in case they reach these levels again. The decision should be yours.

If you are psychologically ready and the price drops from the point you bought it, this will not affect you, you can buy it. If the opposite is the case, Bitcoin always presents a new buying opportunity, so wait a bit.
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October 28, 2023, 09:07:42 PM
 #83

As explained many times, buying at one point is always up to your carrying psychology. If you feel you can handle price stalling and sometimes even going down for months, you may buy right now and do nothing more. But personally I feel like 35k would be too expensive in current situation. Because we are not in bull market yet, its still too early as we have 2 more months in 2023. 25k was real bottom to buy I suppose, not sure.
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October 28, 2023, 09:40:31 PM
 #84

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You can buy even if the price is above $35K since the market rally hasn't started and the current surge in price is just the market bullish preparation. What's important is the goal/plan you have the investment, and the risk management.

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October 28, 2023, 09:48:49 PM
 #85

As explained many times, buying at one point is always up to your carrying psychology. If you feel you can handle price stalling and sometimes even going down for months, you may buy right now and do nothing more. But personally I feel like 35k would be too expensive in current situation. Because we are not in bull market yet, its still too early as we have 2 more months in 2023. 25k was real bottom to buy I suppose, not sure.
The willingness to buy bitcoin at the market price will affect psychology because anyone will be disappointed if the market price does not increase according to expectations, so the right solution is to apply the DCA strategy to buy gradually at the market correction price because every time the market increases there will definitely be a correction that reaches the price below 29k before bullish. You can set your own DCA strategy depending on market predictions and at least the DCA strategy can manage the risk of loss if the market suddenly experiences a high correction and you do not experience high losses if you buy from all funds at that price point.

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October 29, 2023, 10:07:51 AM
 #86

Of course if you have patience and the ability to invest in bitcoin for a few years, now would still be a good buy. After the halving, usually the price always started to rise. Next year there will be a halving, so there will definitely be a bull market in a few years.
Hopefully the cycle like you said can happen because I still think that this halving will be very different from before, especially in terms of price because Bitcoin is still far from the previous ATH so there is still a lot of time needed for that after the halving occurs. While there is a possibility of a bull market after that, and the timing is clear it is still worth continuing to buy and invest before everyone gets too close to the halving schedule.

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October 31, 2023, 08:00:39 AM
 #87

I think it's not ideal to buy on that price because any time soon it will retrace before the price go higher and create another high. Always buy in the higher low or swing low to maximize our profit if we are longing. However, we can't predict the price movement in the market, so all we have to do is to anticipate and look for sign of weakness to occur before we decide to buy. Base on my analysis, the possible price it can go is around 30k. If ever you miss the opportunity because the price didn't go 30k, don't lose hope immediately. There is always opportunity in the market.
And it even fell now. If ever he did it he just lost already $1k. This is why it's wise to just wait first after each increase if we plan to buy. I am not sure if we can go back in $30k again since we already break $32k. Maybe the lowest we can get is $32k. He can wait for that. I just noticed that the date's he posted are weird lol.

It is seems that he time travel in the future Grin. But Like I said earlier, I don't think we can ever fell below $32k again. So, maybe that date was only a typo. In the future, the price can mainly increase. For those who are late. They don't need to wait for $32k because our new bottom or support can also increase later on.

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October 31, 2023, 08:26:58 AM
 #88

I think it's not ideal to buy on that price because any time soon it will retrace before the price go higher and create another high. Always buy in the higher low or swing low to maximize our profit if we are longing. However, we can't predict the price movement in the market, so all we have to do is to anticipate and look for sign of weakness to occur before we decide to buy. Base on my analysis, the possible price it can go is around 30k. If ever you miss the opportunity because the price didn't go 30k, don't lose hope immediately. There is always opportunity in the market.
And it even fell now. If ever he did it he just lost already $1k. This is why it's wise to just wait first after each increase if we plan to buy. I am not sure if we can go back in $30k again since we already break $32k. Maybe the lowest we can get is $32k. He can wait for that. I just noticed that the date's he posted are weird lol.

It is seems that he time travel in the future Grin. But Like I said earlier, I don't think we can ever fell below $32k again. So, maybe that date was only a typo. In the future, the price can mainly increase. For those who are late. They don't need to wait for $32k because our new bottom or support can also increase later on.

I have no predictions for the coming days and also do not advise OP to wait for the price to drop to $30k to buy. But I think we shouldn't get too excited that bitcoin is trading above $34K in the past few days, that doesn't mean bitcoin will never drop below $30k again. Bitcoin is unpredictable, rather than difficult to predict so we should not be subjective.

If OP really wants to invest long term then $35k is still a good price to accumulate bitcoin, but if he is trading short term then do your own analysis instead of asking others.

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October 31, 2023, 08:47:08 AM
 #89

I have no predictions for the coming days and also do not advise OP to wait for the price to drop to $30k to buy. But I think we shouldn't get too excited that bitcoin is trading above $34K in the past few days, that doesn't mean bitcoin will never drop below $30k again. Bitcoin is unpredictable, rather than difficult to predict so we should not be subjective.

If OP really wants to invest long term then $35k is still a good price to accumulate bitcoin, but if he is trading short term then do your own analysis instead of asking others.
For long-term investments, the price of 35k is very possible, but for short-term investments I also think that buying at the current price is very hasty and as if we are just following the market without any future analysis, it is true as you said that the future price of Bitcoin is very difficult to predict. also with the steps we have to take, we must not rush.
After a significant price increase last week, now the price of Bitcoin tends to stabilize without any significant movement, so I think it's better to wait in which direction the Bitcoin price goes and wait for a more appropriate moment to enter.
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October 31, 2023, 11:54:33 AM
Merited by philipma1957 (2)
 #90

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
When you are confused and compelled to ask the question of whether a certain price point is good for buying or not, you should go for doing DCA at that point. The positive of doing that is that even if the market drops down from that point, you won't regret buying higher since you haven't spent all the money and you can still buy more, and if it goes up from that point, you won't regret not buying at all due to the confusion regarding the price.

That's why I always suggest to people with confusion regarding the current price when they are willing to buy to use the DCA method. Buying all at once can be useful sometimes but only if the market keeps going up after that point, otherwise, you will always regret that you shouldn't have bought with all the liquid assets you had.
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October 31, 2023, 12:09:04 PM
 #91

Yes, 35k is expensive to buy, because it has already dropped to 34k as I type. The bitcoin price has dwell so long in the range of 20k such that the 20k to 25k range is now seen as the average normal price of bitcoin. Reaching 30k is already a high price and 4k ontop of the 30k is high if only you are a short term investor.

On the second thought, 35k is a very good entry price if you are a long term investor or if you are investing with the bull run in mind. So, a short term investor buying at 35k is taking a huge risk because the price might plunge back while a long term investor would have nothing to bother.

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October 31, 2023, 04:01:36 PM
 #92

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Congratulations on your successful entry into the crypto market. I would recommend dividing your investment into many parts. Then you can invest in BTC at regular intervals. This way you reduce the risk of strong price fluctuations and get a better average price. For this strategy, it is important to buy BTC regularly in equal amounts. Provided you are positive about Bitcoin and its development in the long term.
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October 31, 2023, 11:00:54 PM
 #93

Yes, 35k is expensive to buy, because it has already dropped to 34k as I type. The bitcoin price has dwell so long in the range of 20k such that the 20k to 25k range is now seen as the average normal price of bitcoin. Reaching 30k is already a high price and 4k ontop of the 30k is high if only you are a short term investor.

On the second thought, 35k is a very good entry price if you are a long term investor or if you are investing with the bull run in mind. So, a short term investor buying at 35k is taking a huge risk because the price might plunge back while a long term investor would have nothing to bother.

If you are indeed a long-term investor, the 35k price tag is not expensive. That is, we are aiming for more than 35k before we sell.
And which translates that if we will buy now, it is still a good opportunity before we see this slowly rising.
As an investor, you need to know your financial capabilities first before buying more, because you may be compromised if you need the funds.
So the decision whether to buy at this price level depends on the user himself, after he assessed his financial conditions.
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October 31, 2023, 11:50:30 PM
 #94

Of course if you have patience and the ability to invest in bitcoin for a few years, now would still be a good buy. After the halving, usually the price always started to rise. Next year there will be a halving, so there will definitely be a bull market in a few years.
Hopefully the cycle like you said can happen because I still think that this halving will be very different from before, especially in terms of price because Bitcoin is still far from the previous ATH so there is still a lot of time needed for that after the halving occurs. While there is a possibility of a bull market after that, and the timing is clear it is still worth continuing to buy and invest before everyone gets too close to the halving schedule.

This is normal, if you look at the previous halving, the price is also far from ATH since Bitcoin is still in the bearish market.  We cannot expect anything going near the ATH if the market is still in bearish mode even though the sentiment is temporarily getting bullish.  Halving is known to be the catalyst for a market Bull run, so we can expect the price to get near the recent ATH after the halving.

Aside from that, the possible ETF approval can synergize the effect of Bitcoin halving which can possibly push Bitcoin to surge more.

Yes, 35k is expensive to buy, because it has already dropped to 34k as I type. The bitcoin price has dwell so long in the range of 20k such that the 20k to 25k range is now seen as the average normal price of bitcoin. Reaching 30k is already a high price and 4k ontop of the 30k is high if only you are a short term investor.

On the second thought, 35k is a very good entry price if you are a long term investor or if you are investing with the bull run in mind. So, a short term investor buying at 35k is taking a huge risk because the price might plunge back while a long term investor would have nothing to bother.

If you are indeed a long-term investor, the 35k price tag is not expensive. That is, we are aiming for more than 35k before we sell.
And which translates that if we will buy now, it is still a good opportunity before we see this slowly rising.
As an investor, you need to know your financial capabilities first before buying more, because you may be compromised if you need the funds.
So the decision whether to buy at this price level depends on the user himself, after he assessed his financial conditions.

I highly agree, and with the current market situation and cycle point, I think @OP does not need to wait for another 4 years to see his investment profit.  Just a year or two from now, we might see Bitcoin surging to another record-breaking ATH.
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November 01, 2023, 07:55:39 AM
 #95

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

What comes to your mind asking that when you have carried buying from 26k to 31k? it is a 5k distance yet you manage
buying so why not 35k? and actually it is still 34k in which you can still profit if you are willing to take that coins till after halving next year that
I do believe your main intention in buying at this level because if not you have bought when the price is below 20k .
As explained many times, buying at one point is always up to your carrying psychology. If you feel you can handle price stalling and sometimes even going down for months, you may buy right now and do nothing more. But personally I feel like 35k would be too expensive in current situation. Because we are not in bull market yet, its still too early as we have 2 more months in 2023. 25k was real bottom to buy I suppose, not sure.
Yup and OP did not even mentioned if how long he wanted to keep those coins in His pocket , because
if that is just for short time meaning this year alone , then maybe that is correct that 35k is high enough to risk , but if willing to
on the higher level meaning till halving or longer then its fine to take chances.

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November 01, 2023, 07:56:15 AM
 #96

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
I think the price of Bitcoin has increased exponentially in a few days so no one can say if it will go down again. However, I think that the market has taken a stable position around $35000 and the market may not be dumping anymore. Since you are currently losing a good amount at $31k, I think it was a good day for you to buy at the right time for a short period of time. However if you buy bitcoin from current market it may be expensive but I think it will not be expensive for you in future. If you buy and hold bitcoins from the current market it will give you good amount of profit in future. So if you buy bitcoins from this market I think you can profit in future, it won't be expensive anytime you buy bitcoins from the market and hold it.

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November 01, 2023, 02:16:38 PM
 #97

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
I think the price of Bitcoin has increased exponentially in a few days so no one can say if it will go down again. However, I think that the market has taken a stable position around $35000 and the market may not be dumping anymore. Since you are currently losing a good amount at $31k, I think it was a good day for you to buy at the right time for a short period of time. However if you buy bitcoin from current market it may be expensive but I think it will not be expensive for you in future. If you buy and hold bitcoins from the current market it will give you good amount of profit in future. So if you buy bitcoins from this market I think you can profit in future, it won't be expensive anytime you buy bitcoins from the market and hold it.

If you are going to wait for the long term, the price you get does not matter much, but I think it may be best to wait a bit to see which direction the market will go. I'm not sure the market won't dump. According to some, this possibility is still very high. So it would be better to wait a bit.

Bitcoin gives a buying opportunity every time, so stop worrying about missing the train. Bitcoin will once again provide a buying opportunity, as it always does. It would not be right to say anything clearly about the market, but regarding the buying opportunity, I can say that this opportunity will always come.

The price at which you bought Bitcoin at first is a very good price, so you can wait to buy from a good point again, or even if you buy from this point, you will still make a profit if you wait for a certain period of time. The important thing is to be able to wait.

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November 01, 2023, 08:12:06 PM
 #98

Yes, 35k is expensive to buy, because it has already dropped to 34k as I type. The bitcoin price has dwell so long in the range of 20k such that the 20k to 25k range is now seen as the average normal price of bitcoin. Reaching 30k is already a high price and 4k ontop of the 30k is high if only you are a short term investor.

On the second thought, 35k is a very good entry price if you are a long term investor or if you are investing with the bull run in mind. So, a short term investor buying at 35k is taking a huge risk because the price might plunge back while a long term investor would have nothing to bother.

If you are indeed a long-term investor, the 35k price tag is not expensive. That is, we are aiming for more than 35k before we sell.
And which translates that if we will buy now, it is still a good opportunity before we see this slowly rising.
As an investor, you need to know your financial capabilities first before buying more, because you may be compromised if you need the funds.
So the decision whether to buy at this price level depends on the user himself, after he assessed his financial conditions.

It's really hard to see what the future holds though, and we always wanted to buy low. But with that, if we are willing to take that risk then why not? $35k will be a small price after all specially if in the next bull run the price will go as high as $100k. Definitely in any kind of investment there are risk and rewards and we have to assessed if we can take that risk without any financial damage to us.

I mean we can invest at the same time we can still live normal, have a job, put food in the table for our family and just let our money sit in our wallet and wait for it to grow in the next 2 years. Meaning just invest what we can afford to lose, that's it. No matter what is our buying entry, we should be good with that kind of preparation and mental attitude.
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November 01, 2023, 08:42:25 PM
 #99

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you planning to hold for the long term, let's say you have the next bitcoin halving and possible new all time high in mind,  then I can say you may go ahead to buy at 35k price since the next all time high price will double your current bought price and that makes you to be at gains also even if you bought at 35k+,  so the bottom line of this is that you have to make up your mind and only bought an amount you can afford to hold for long when you buying Bitcoin when the price is relatively higher even if not at all time at the moment of buying.

The recent market events have indeed raised a lot of speculations in the market and that also has made it look as if it is a high price at 35k even though that price is still a discounted price if compared to what the price of Bitcoin was before the 2022 market crisis.
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November 01, 2023, 09:34:05 PM
 #100

-snip-
If you planning to hold for the long term, let's say you have the next bitcoin halving and possible new all time high in mind,  then I can say you may go ahead to buy at 35k price since the next all time high price will double your current bought price and that makes you to be at gains also even if you bought at 35k+,  so the bottom line of this is that you have to make up your mind and only bought an amount you can afford to hold for long when you buying Bitcoin when the price is relatively higher even if not at all time at the moment of buying.

The recent market events have indeed raised a lot of speculations in the market and that also has made it look as if it is a high price at 35k even though that price is still a discounted price if compared to what the price of Bitcoin was before the 2022 market crisis.
OP can buy at any price if he wants to hold his bitcoins long term. Buying at $45k was the peak especially in the last 1 year, but $35k is half of the previous ATH that occurred in 2021. I'm sure he's worried, but he should be more optimistic that bitcoin will become more expensive in the following year.

In the last hour, bitcoin price has broken its new resistance above $35k. I'm sure this hasn't stopped and it's certainly a nice improvement at the start of November. There are greater hopes in the future that should not be missed, but risk considerations should still not be ignored.

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November 01, 2023, 09:43:47 PM
Last edit: November 01, 2023, 10:09:00 PM by DeathAngel
 #101

Really nice seeing the price at 35.3k, I think the FED pausing rates at the FOMC meeting today has contributed to the price rise. Everything is really lining up well to have a monster 2024 & 2025. I don’t see many things that could ruin the bull run now unless we have WW3 or the worst recession ever. I’m quietly confident that we will have a very bullish couple of years coming up.

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November 01, 2023, 10:01:30 PM
 #102

-snip-
Bitcoin was before the 2022 market crisis.
OP can buy at any price if he wants to hold his bitcoins long term. Buying at $45k was the peak especially in the last 1 year, but $35k is half of the previous ATH that occurred in 2021. I'm sure he's worried, but he should be more optimistic that bitcoin will become more expensive in the following year.

In the last hour, bitcoin price has broken its new resistance above $35k. I'm sure this hasn't stopped and it's certainly a nice improvement at the start of November. There are greater hopes in the future that should not be missed, but risk considerations should still not be ignored.
Yeah, there is no doubting the fact that bitcoin is going to do an x2 at minimum at a time high of the current market price,  so for sure buying bitcoin at the current price indeed places you in a far better position in preparation for the time ahead,  bitcoin even at 45k is still a discounted price,  but anything above 50k is now becoming a red zone unless you be willing to hold for a 5-year cycle bit then DCA in between at some point,  because that is the most appropriate at some point if you want to take profits along the ways up while you pick up the bits as you lay hold of some of the few discount prices that are being presented by Bitcoin market volatility from time to time.
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November 01, 2023, 10:35:58 PM
 #103

For individuals it’s probably hard to buy at this level because it’s gone up so much in the last couple weeks. However, the big banks that are accumulating everyone’s BTC are eyeballing a price in the six figures range, so they don’t see this as expensive, they see it as a great opportunity to stack coins on the cheap.

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November 02, 2023, 06:35:08 AM
 #104

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?


I do not think 35,000 is too expensive to buy Bitcoin. I think we are now seeing 'bullish' signs and there will be lots of profit and higher Bitcoin price then 35,000.
If you know Michael Saylor and MicroStrateg he has bought more Bitcoin. In last month October he did buy 155 more Bitcoin for $5.3 Million. When this man is 'bullish' like that it makes me feel we are going up.
https://bitcoinmagazine.com/business/microstrategy-acquires-an-additional-155-bitcoin-for-5-3-million

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November 02, 2023, 07:21:41 AM
 #105

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?


I do not think 35,000 is too expensive to buy Bitcoin. I think we are now seeing 'bullish' signs and there will be lots of profit and higher Bitcoin price then 35,000.
If you know Michael Saylor and MicroStrateg he has bought more Bitcoin. In last month October he did buy 155 more Bitcoin for $5.3 Million. When this man is 'bullish' like that it makes me feel we are going up.
https://bitcoinmagazine.com/business/microstrategy-acquires-an-additional-155-bitcoin-for-5-3-million

It is too expensive compared to last year's low price of $15k, but still too cheap if our target is the next bull season and will only sell when bitcoin reaches $100k or more. Those who have not collected many bitcoins but still continue to hesitate because they think it is expensive will have to pay the price for their greed, later they will have to buy at a higher price of 35k$ if they do not buy now. If we are long-term holders, why do we still care so much about bitcoin's short-term price? That just prevents us from filling our pockets with bitcoin.

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November 02, 2023, 10:53:20 AM
 #106

It will be related to your holding that how long you will hold your bitcoin because if you buy bitcoin at 35k$ and  wants to sell after days and months then you will have no profit due to Volatility in price but if you wants to hold until halving then you should buy at 35k$ because price will go more higher than 35k$ which can reward you more. Those who already have bitcoin will see great return than those who are now buying bitcoin because profit always depends on the buying price and selling price.

Now the price is not 35k$ but is approximately 35k$ because its above 34k$ and nearer to 35k$ in worth. Keep your target and then choose a buying price so when your target achieved then you will have profitable outcomes. Your target should be double of your buying price otherwise your investment cannot give you huge return and buy now to take the advantage of halving during next Bull run.

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November 02, 2023, 11:37:39 AM
 #107

Perhaps $35k isn't a high price in my opinion when compared to the future projections of Bitcoin. It's true that the arrival of a bull run can be unpredictable, but it's certain that a bull run will happen. It's all about being patient in waiting for the market and staying focused on our investments, including Bitcoin. Even though my confidence level is pretty high, it's not that easy for me to go all in on Bitcoin. We shouldn't ignore other investment models because we don't know which investment will be more profitable in the future.

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?

Don't wait for the price to reach $40k, or you'll regret not buying BTC when it was at $35k. And remember, don't go all in. Life is much broader than relying on a single investment.
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November 02, 2023, 12:38:06 PM
 #108

Perhaps $35k isn't a high price in my opinion when compared to the future projections of Bitcoin. It's true that the arrival of a bull run can be unpredictable, but it's certain that a bull run will happen. It's all about being patient in waiting for the market and staying focused on our investments, including Bitcoin. Even though my confidence level is pretty high, it's not that easy for me to go all in on Bitcoin. We shouldn't ignore other investment models because we don't know which investment will be more profitable in the future.

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?

Don't wait for the price to reach $40k, or you'll regret not buying BTC when it was at $35k. And remember, don't go all in. Life is much broader than relying on a single investment.

We should not put all our assets into bitcoin or any other investment, we need money for daily needs, savings for emergencies...but I think there's nothing wrong if we only focus on investing in bitcoin.  I'm just talking about investing and what I mean is, we don't need to diversify into other investments like gold or stocks.  if we have a small amount of capital and are willing to take risks, we should focus on bitcoin instead of diluting our investment.  no investment offers optimal returns like bitcoin, diversifying into other assets will only reduce our returns.

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November 02, 2023, 12:56:49 PM
 #109

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Just buy if you still have funds , because the more you accumulate here is the more chances of profiting .

you have carried  buying at 31k , then go buy more even in 35k .

Buy mate , buy more , spend everything now before its too late when the train runs .
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November 02, 2023, 02:10:51 PM
 #110

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

There is no perfect time to buy the Bitcoins. Whenever you have funds to invest, just close your eyes and buy the Bitcoins irrespective of it’s price. We need to understand that Bitcoins are fixed in number, that is no more Bitcoins can be created or invested, hence these coins are very rare. So our main objective is to accumulate as many Bitcoins as we can. As these coins are limited in number, but the demand to accumulate it is increasing, hence a time will come where you will definitely make the profits. So don’t wait more and buy the coins now.

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November 02, 2023, 02:20:28 PM
 #111

When buying Bitcoin you really need to have at least a medium term outlook if its purely
return of investment you are after.

As per the OP buying at $31k and rejoicing at $35k that there is profit, give it another 2
weeks and the OP could very well be crying.

If you have a long term outlook $31k > $35k > $29k is nothing.

Buying at $35k - why not, again in the long term it will be a distant memory and we will
be ruing the day we didnt buy more at $35k

Buy and Relax!!

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November 02, 2023, 04:49:15 PM
 #112

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?
Be careful to decide for entry (buy)!
Although Bitcoin passed $35k and could survive at that price for few days, it dropped again to $34k today. I see that Bitcoin tries to pass $36k but it fails, it may drop again to $33k-$34k. It may have a sideway phase for few days/weeks, before it tries again to pass $36k. So, it is better to wait and see first, just buy again if the price drops below $34k.

Anyway, it is surely very possible to reach again $69k. But we don't know when it is.

Buy mate , buy more , spend everything now before its too late when the train runs .
Don't do panic buying!! Always buy Bitcoin with a clear plan and analysis. Also, you must always remember that don't put all our money on Bitcoin only. It is too risky to rely on a single asset, specifically on a high risk investment like crypto. Even if you plan to buy again and again, use your free money only (your excess money).


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November 02, 2023, 06:33:11 PM
 #113

Really nice seeing the price at 35.3k, I think the FED pausing rates at the FOMC meeting today has contributed to the price rise. Everything is really lining up well to have a monster 2024 & 2025. I don’t see many things that could ruin the bull run now unless we have WW3 or the worst recession ever. I’m quietly confident that we will have a very bullish couple of years coming up.
It would be very nice if the growth of the cryptocurrency market for a few years really happened. But it seems to me that the main trigger for this should be halving. Most likely a real bull market will happen next spring. Now it may turn out that the growth is just a manipulation on the news.

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DanWalker
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November 04, 2023, 12:47:36 PM
 #114

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?
Be careful to decide for entry (buy)!
Although Bitcoin passed $35k and could survive at that price for few days, it dropped again to $34k today. I see that Bitcoin tries to pass $36k but it fails, it may drop again to $33k-$34k. It may have a sideway phase for few days/weeks, before it tries again to pass $36k. So, it is better to wait and see first, just buy again if the price drops below $34k.

Anyway, it is surely very possible to reach again $69k. But we don't know when it is.

If you are sure and confident that bitcoin can touch $69k again, is there any difference between buying between $34k and $35k? You should buy bitcoin as soon as possible, don't wait for the price to drop because there is no guarantee that will happen.

Buy mate , buy more , spend everything now before its too late when the train runs .
Don't do panic buying!! Always buy Bitcoin with a clear plan and analysis. Also, you must always remember that don't put all our money on Bitcoin only. It is too risky to rely on a single asset, specifically on a high risk investment like crypto. Even if you plan to buy again and again, use your free money only (your excess money).



Bitcoin has potential and the likelihood that history will repeat itself is very high. We may once again witness Bitcoin creating a new ATH, but don't be subjective because risks can always strike at any time. So advising someone to spend everything they have on bitcoin is really bad advice, I completely disagree with that. We should have a plan B for ourselves if things don't go as we expected, don't put everything we have into bitcoin or any other investment.

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November 04, 2023, 10:25:38 PM
 #115

When they hear about the price of one bitcoin, many individuals who are unaware of the potential of bitcoin label it as being "expensive." Those who have always understood the potential value of bitcoin would advise you to buy it at whatever price you see because what you currently see to be an expensive price may turn out to be a low one in the future.

I'm not sure what your long-term or short-term investment strategy is for bitcoin. However, if you do intend to invest in bitcoin for the long term, you can purchase it for the $35k price tag and hope to make huge profits in years to come.

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November 04, 2023, 11:10:42 PM
 #116

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You know that $35k is not the last price of bitcoin so it is still at the best time to buy. I was telling some group of people to invest on bitcoin in the month of August when bitcoin was $25k and they were afraid to invest in it and when bitcoin reached $34+k this days they came to me and said they want to invest and I told that they should bring their Android phones for me to down the wallets and apps and most of them do not have Android phone to start the process. Op I advise you to buy even at the moment of $35k. It will be a big profit for you.









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November 04, 2023, 11:11:28 PM
 #117

When they hear about the price of one bitcoin, many individuals who are unaware of the potential of bitcoin label it as being "expensive." Those who have always understood the potential value of bitcoin would advise you to buy it at whatever price you see because what you currently see to be an expensive price may turn out to be a low one in the future.

I'm not sure what your long-term or short-term investment strategy is for bitcoin. However, if you do intend to invest in bitcoin for the long term, you can purchase it for the $35k price tag and hope to make huge profits in years to come.

You just have to look at history though, although it's might not be a good practice, but going back like in 2020 March wherein there is a pandemic scare, prices goes down hard at $3k. However, when it hit all time high at 2021, prices are at $69k.

So that alone shows how big the potential of bitcoin, so whatever price your enter, I think you are going to make profits in the future.

Specially if you hold on it for the long term, the profits are going to rewarding that you are going to hook on buying bitcoin at any price range.

R


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November 04, 2023, 11:39:42 PM
 #118

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
What's going to happen to your planning if bitcoin's value goes down. I can't buy bitcoin because I'm stacking sats but if I had money I wouldn't buy for $35k it's a risk for me. I don't know about your financial climate so you'll have to ask yourself if it's expensive to buy today.

Don't do panic buying!! Always buy Bitcoin with a clear plan and analysis. Also, you must always remember that don't put all our money on Bitcoin only. It is too risky to rely on a single asset, specifically on a high risk investment like crypto. Even if you plan to buy again and again, use your free money only (your excess money).
Panic buying doesn't help when you're arranging which crypto to buy. I'll advise ppl to think carefully before buying because of FOMO because if there's a panic sale it's going to be a big lesson you don't want repeated.

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November 04, 2023, 11:41:40 PM
 #119

When they hear about the price of one bitcoin, many individuals who are unaware of the potential of bitcoin label it as being "expensive." Those who have always understood the potential value of bitcoin would advise you to buy it at whatever price you see because what you currently see to be an expensive price may turn out to be a low one in the future.

I'm not sure what your long-term or short-term investment strategy is for bitcoin. However, if you do intend to invest in bitcoin for the long term, you can purchase it for the $35k price tag and hope to make huge profits in years to come.

You just have to look at history though, although it's might not be a good practice, but going back like in 2020 March wherein there is a pandemic scare, prices goes down hard at $3k. However, when it hit all time high at 2021, prices are at $69k.

So that alone shows how big the potential of bitcoin, so whatever price your enter, I think you are going to make profits in the future.

Specially if you hold on it for the long term, the profits are going to rewarding that you are going to hook on buying bitcoin at any price range.

enter and buy more if you have spare funds to begin with. though the potential of this market is great, however, you need to be conservative in your estimates if you have little extra funds for this. buying at 35k is not bad if you are eyeing to sell it like at 40k and above. however, you have no idea when such price will hit in the market.

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November 04, 2023, 11:53:17 PM
 #120

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
In my humble opinion, $35k is not too high to buy because that price is still consider low and below the all time high of Bitcoin. Any price below the ATH, to me, is fine for an entry because it is expected that Bitcoin will make a new ATH from next year onward.

I will also add that it all depends on the intention of the buyer is. If rhe plan is to hold for long, then $35k is a very good entry point becaus Bitcoin is getting set for a huge move upward. But for a short term trade,  it becomes difficult to predict how high Bitcoin can go within a short time.

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November 04, 2023, 11:59:15 PM
 #121

Too risky for me short term, we are above the weekly average and so bullish is fair conclusion now but further out I fear we must reverse some.
   On a wider consideration its never wrong to buy and hold some but many people want to buy and immediately feel they have done the right thing with price increasing perhaps considerably.   Theres no recent negative interpretation to price movements that I can easily see, its resolved upwards though we are holding in this area for nearly 2 weeks now.

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November 05, 2023, 12:36:36 AM
 #122

If you have enough money then you can buy bitcoin from anywhere it will not be expensive for you. Since you bought bitcoin at $31k and you are currently facing a profit of around 4% since the market is at $35k at the moment it has the potential to rise further. Even if you invest from the current market, you can do accordingly on the day as good future profits are waiting for you. If you are investing for short term then I think investing from $35000 can be expensive for you. And if planning to invest for long term then one would be best for you so you start investing from $35000 and hold. You will surely get good amount of profit if investing from current market and waiting till bull market will be great for you.

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November 07, 2023, 02:51:23 AM
 #123

It also depends on when you want to make a profit, if you want to buy right now and do not worry about when you are going to make a profit as long as the outlook for the future is good, then you are coming in at the right time, you should buy right now. But, if you are looking to buy today and sell tomorrow kind of profit then I do not think that will be all possible, there could be some sort of differences there and maybe the result could be a little bit different as well.

So, you need to make sure that you know what you are doing and you should be trying to avoid it as much as you possibly could, otherwise it is not going to really end up all that well for you. I personally believe the best you can do would be trying to get some more right now and to keep hold of that for some more months. That would allow you to have a bit of bitcoin when the halving happens and then the rest will be pure bull run just like after any other halving we had before.

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November 07, 2023, 04:09:00 AM
Merited by fillippone (1)
 #124

It also depends on when you want to make a profit, if you want to buy right now and do not worry about when you are going to make a profit as long as the outlook for the future is good, then you are coming in at the right time, you should buy right now. But, if you are looking to buy today and sell tomorrow kind of profit then I do not think that will be all possible, there could be some sort of differences there and maybe the result could be a little bit different as well.

So, you need to make sure that you know what you are doing and you should be trying to avoid it as much as you possibly could, otherwise it is not going to really end up all that well for you. I personally believe the best you can do would be trying to get some more right now and to keep hold of that for some more months. That would allow you to have a bit of bitcoin when the halving happens and then the rest will be pure bull run just like after any other halving we had before.
Yes, it really depends on when we want a profit from the investment we make, if we buy it at a high price and can't hold it for a long period of time of course we won't be able to get a profit from the investment we make, but if we can buy with a low price and can also hold it for a long period of time of course we will be able to get a profit from the investment we make, so there is no harm in buying at any price if we can hold it for a long period of time of course we will get a profit from the investment the.

You are right, we have to be responsible for the decisions we make and don't make decisions without having a good understanding, collecting more according to our abilities will certainly be better and we also have to be able to hold it until the profit we want.
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November 07, 2023, 04:38:08 AM
Merited by fillippone (1)
 #125

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
In my humble opinion, $35k is not too high to buy because that price is still consider low and below the all time high of Bitcoin. Any price below the ATH, to me, is fine for an entry because it is expected that Bitcoin will make a new ATH from next year onward.

I will also add that it all depends on the intention of the buyer is. If rhe plan is to hold for long, then $35k is a very good entry point becaus Bitcoin is getting set for a huge move upward. But for a short term trade,  it becomes difficult to predict how high Bitcoin can go within a short time.

This is what I also want to say to those who are wondering what is a good time and price to buy bitcoin. In my opinion, if our goal is to sell during the next bull season, we can buy at any time as long as the price remains below bitcoin's old ATH. Because no one knows what will happen in the future, whether bitcoin will decrease or continue to increase, buying now is the best time. What if we wait for the price to decrease but what if the price does not decrease? We will have to buy at a higher price than the current price and profits will also decrease.

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November 07, 2023, 04:45:29 AM
 #126

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again. You may set up a certain target above $35k let's say $36k and once Bitcoin crosses it you may enter and set up stop loss and take profit accordingly in case if you are not a long term investor as there is nothing like entry price for long term investors except he fact you should be entering at ATH peak value during bull run which is yet to be achieved this time. Plan it as per your requirement and what's the outcome you will be expecting like is it short term profit or long term gains and then take a call.









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November 07, 2023, 04:54:55 AM
 #127

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Firstly, congratulations on experiencing the benefits of investing in BTC. For your question above, various answers may have been given, but if I were in the position, the price of 35k is not expensive in the long term and is seen as expensive in the short term, because if you have set a bid and it is hit, then the price of an asset is suddenly depressed, you have to wait again.

Market conditions the volatility is good and can create opportunities for traders to make a profit, but it is recommended to always stay up-to-date with economic and geopolitical news that may affect the markets.

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November 07, 2023, 09:29:37 AM
 #128

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again.

Individuals who hold bitcoins for the long term will only buy bitcoins in the present. Because Bitcoin price may peak at 40K in 2023, Bitcoin price is likely to dump anytime soon. Because this little bull market won't last long it could collapse at any time. So only traders who are in these bull markets will realize these short runs. Bitcoin price is only going up at the moment so it is better to wait this time. If the price of Bitcoin is a little lower, it is definitely better to hold for a longer period of time.

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November 07, 2023, 10:22:46 AM
 #129

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Just buy and buy mate, remember that we are nearing Bull run but if you are considering the buy low
 sell high then you can risk waiting for the dump before it happens because we knew that some situation may bring us to success or to failure .

Buy now or buy later isn't really a thing because the reality is that it is your money and no one can
decide for you but you.just never let your greediness took over instead let your desire covers with enough profit each time.

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November 07, 2023, 01:09:31 PM
 #130

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again.

Individuals who hold bitcoins for the long term will only buy bitcoins in the present. Because Bitcoin price may peak at 40K in 2023, Bitcoin price is likely to dump anytime soon. Because this little bull market won't last long it could collapse at any time. So only traders who are in these bull markets will realize these short runs. Bitcoin price is only going up at the moment so it is better to wait this time. If the price of Bitcoin is a little lower, it is definitely better to hold for a longer period of time.


Many also predict bitcoin will soon pull back from its strong growth days, which is a necessary precaution, but we are not certain that it will fall as we expect. If bitcoin doesn't drop to $32k or $30k like many are waiting for and continues to rise to $40k, what will happen to us if we don't buy now? So I think when you have money, you should buy it now and if the price drops more then we can DCA, because if the price increases we will miss the opportunity.

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November 07, 2023, 01:42:46 PM
 #131

I am in the same situation. I wish I just bought it again at $27k for my October DCA. Now I feel $35k is a little expensive. Cheesy Although, I am still confident that the price of bitcoin can easily reach its former all-time high within this cycle. Right now I need to buy within this month for my October and November DCA. But I'll be buying within this month anyway even if bitcoin continues to move up. The original plan is to continue doing DCA until bitcoin reaches $50k or maybe I should stop after the halving month and then start trading again once the market is back into bullish mode.

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November 07, 2023, 08:24:48 PM
 #132

Too risky for me short term, we are above the weekly average and so bullish is fair conclusion now but further out I fear we must reverse some.
   On a wider consideration its never wrong to buy and hold some but many people want to buy and immediately feel they have done the right thing with price increasing perhaps considerably.   Theres no recent negative interpretation to price movements that I can easily see, its resolved upwards though we have been holding in this area for nearly 2 weeks now.
To some extent, 35,000 is still a discount price to buy bitcoin, considering the amount that the price of the coin has reached in the past and more also if you buy at 35k the likelihood of making good profits on investment in the long run vase is there and for that, you are sure to have a balanced ground for your investment and at some point you should be able to point to why buying bitcoin at 35k will be a good investment decision and not an entirely red flag even if you consider that price to be a high price due to recent market conditions.




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November 07, 2023, 08:29:46 PM
 #133

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

It would have been nice if you posted again.

Frankly I sold some at 35k. And I ended my 1 year dca. which began at about 16 k last nov.

I still earn coins via mining and my signature.

I decided to stack and hodl my signature earnings

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November 07, 2023, 10:36:31 PM
Merited by philipma1957 (3)
 #134

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again. You may set up a certain target above $35k let's say $36k and once Bitcoin crosses it you may enter and set up stop loss and take profit accordingly in case if you are not a long term investor as there is nothing like entry price for long term investors except he fact you should be entering at ATH peak value during bull run which is yet to be achieved this time. Plan it as per your requirement and what's the outcome you will be expecting like is it short term profit or long term gains and then take a call.
If we think if the price of Bitcoin rises and are able to reach $40k or go bullish, why not buy at $35k? It is just similar to buying them at $31k because we believe that it reach $35k.
People usually get wrong about investing as we think about the negative rather than thinking positive. Most of the time the suggestion is to wait for the correction but it is wrong because what if there is no correction starting today and the price keeps on climbing, it is totally a regret.
Buy low --it doesn't mean that we always have to wait for the price correction and dump before buying.

R


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November 07, 2023, 10:36:40 PM
 #135

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Buying at 35k now I don't think is a good idea, it sounds like a decision influenced by FOMO to me, if you are good with your TA, it will help you make informed decisions, checking the BTC trading chart, you will find out that there is a resistance a bit above 35k which was just tested by BTC.

Which means that BTC will retrace down to the support below 34k before further moving up above 35k again so I advise you wait until after that retracement, your can get it, in lay term wait for a slight deep below 35k then you can buy again Because if you buy now, whenever it goes down or experience that slight deep again , you will be at loss till it comes back and if you are not patient, probably because you are a short term investor, you may do panic sale and may have Bitcoin rise again immediately after your panic sale so it's better you wait awhile because btc will definitely retrace so you can buy at a good price.

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November 07, 2023, 11:23:05 PM
 #136

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you have the money to buy bitcoin now I will support you to buy bitcoin  knowing that the price of bitcoin do falls and increase so it may be that now the price is in 35k that later in future or next year the price of bitcoin will increase more, I think that if you buy now you are not mistaken because everyone us expecting bitcoin price to increase more and more so the price of bitcoin is something we need most to consider before we buy for long time or short term, if we know chary I think the chary should be the one that will direct us on what to do for the investment of Bitcoin

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November 07, 2023, 11:28:49 PM
 #137

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again. You may set up a certain target above $35k let's say $36k and once Bitcoin crosses it you may enter and set up stop loss and take profit accordingly in case if you are not a long term investor as there is nothing like entry price for long term investors except he fact you should be entering at ATH peak value during bull run which is yet to be achieved this time. Plan it as per your requirement and what's the outcome you will be expecting like is it short term profit or long term gains and then take a call.
If we think if the price of Bitcoin rises and are able to reach $40k or go bullish, why not buy at $35k? It is just similar to buying them at $31k because we believe that it reach $35k.
People usually get wrong about investing as we think about the negative rather than thinking positive. Most of the time the suggestion is to wait for the correction but it is wrong because what if there is no correction starting today and the price keeps on climbing, it is totally a regret.
Buy low --it doesn't mean that we always have to wait for the price correction and dump before buying.

Its pretty simple either buy and hodl. Or sell and leave the coin.

Btc will either rally past 70k or it will start to fail.

If you are afraid to jump strong in just do a dca.

If you think it won’t rally to a new alltime high bail and leave the market.

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November 08, 2023, 01:04:02 AM
 #138

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
The price is not expensive if you can afford it and you believe in its worth in the future. Moreover when your plan is to hold for long period, then it is still reasonable to buy at $35k since there are many predictions the value can reach $100k in the future. Although of course it is not certain yet and just a speculation.

Therefore, the decision depends on what you believe in and your own analysis. Just keep in mind that for long term hodler, you can buy at anytime regardless of the price (though it's advisable when the price is in dip). Anyway, you're already in profit for buying at $26k-$31k, so you know better what decision is best at this time.

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November 08, 2023, 02:52:05 AM
 #139

but is 35k te expensive to buy bitcoin?

It is if you just started investing, but when you considered how much bitcoin have reached from the most recent ATH, bitcoin is at a 50% discount minimum. Then you should compare the gaps between all the ATHs coming from the 4 year cycle, and we're looking at a $1k to $19k to $68k, you do the math how much multiplier you get in the next ATH.
Just always remember to invest what you can afford to lose for you to avoid an unwanted withdrawals that may cause some losses or cut potential profits. You should also look at a long term perspective and calm yourself down as bitcoin will take you to an extreme roller coaster ride, all you need to do is accumulate during bears and wait for the right time to sell or when bitcoin hits your target.

R


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November 08, 2023, 04:11:12 AM
 #140

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you can manage to keep waiting more , because we are closing to December and what I do believe is some changes happens before it ends means that bitcoin price
usually having difficult time and when January comes the constant falls happen so if you have time waiting so be it.

Not sure if there will be a problem buying at 35k because bitcoin price even expected to cross 100k in Bull run so that would be the problem , you must be
ready in those changes and can have time to keep the holding even if this comes in 2025 not in 2024 .

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November 08, 2023, 12:17:40 PM
 #141

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

there is no purchase that is too expensive or too cheap, it all depends on the point you determine. if you plan to sell at 60k, the investment you are making now is good enough. or better yet, if you hold it for a longer time, maybe your investment can become even more profitable.

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November 08, 2023, 01:21:49 PM
 #142

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Since you have been able to buy Bitcoin at 26,27,30 and 31k it still has to do with you having that financial stability to purchase Bitcoin at that price rate ($35k). If you feel you're financially stable and nothing is holding you back I think you should give it a shot, anytime soon it might even go above $35k, who knows you might be seeing it at $38k hopefully.

R


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November 08, 2023, 01:51:03 PM
 #143

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Since you bought bitcoins at the time of $31k dollars and managed to get a good amount of profit very quickly. If you look at last week's market movement then surely you should try to plan more to buy Bitcoin now. And $35k dollars if you buy bitcoin it will give you more profit in future as the market is going to high level now. You will definitely regret not investing in Bitcoin when the price of Bitcoin will increase more rapidly. And if you plan to invest long term then don't look at the market position instead you will buy bitcoins. So I think if you want to invest for long term you can invest from any market position it will give you future earnings.

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Gozie51
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November 08, 2023, 01:57:59 PM
 #144

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Since you have been able to buy Bitcoin at 26,27,30 and 31k it still has to do with you having that financial stability to purchase Bitcoin at that price rate ($35k). If you feel you're financially stable and nothing is holding you back I think you should give it a shot, anytime soon it might even go above $35k, who knows you might be seeing it at $38k hopefully.

Btc has appreciated 1.85% today at a price of $35,385 and yet showing move for continuation of up movement. It is all green for the crypto market at the moment and this may well be good and cheap for those who want to jump in. Bitcoin is the moving force for other coins and from the look as it is in the wave of price and now that we are approaching the last month of the year, it could be the best time to do another DCA.

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November 08, 2023, 02:36:49 PM
 #145

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Since you have been able to buy Bitcoin at 26,27,30 and 31k it still has to do with you having that financial stability to purchase Bitcoin at that price rate ($35k). If you feel you're financially stable and nothing is holding you back I think you should give it a shot, anytime soon it might even go above $35k, who knows you might be seeing it at $38k hopefully.

You are right. It is holding strong and we predict that it may jump to 2% or 3% in the coming days. The market is green and investors are optimistic. We can even say it is green November. At $35k I can say the price is low, and the best way to get in for those wondering how is through the dollar-cost-averaging method. Institutions are pushing the price because they are stacking.

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Sexylizzy2813
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November 08, 2023, 06:04:33 PM
 #146

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Since you have been able to buy Bitcoin at 26,27,30 and 31k it still has to do with you having that financial stability to purchase Bitcoin at that price rate ($35k). If you feel you're financially stable and nothing is holding you back I think you should give it a shot, anytime soon it might even go above $35k, who knows you might be seeing it at $38k hopefully.

You are right. It is holding strong and we predict that it may jump to 2% or 3% in the coming days. The market is green and investors are optimistic. We can even say it is green November. At $35k I can say the price is low, and the best way to get in for those wondering how is through the dollar-cost-averaging method. Institutions are pushing the price because they are stacking.

November is some how going to be better than October in the sense that the price would move faster than it did last month but the slow movement as of last week is like a step up to higher price, and is time for $35k to make way for $36-37k  to come in. If that happens I feel we're going to see Bitcoin price clicking $40k and above before the final week of this month, I'm expecting $40-45k in the next two weeks.

R


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November 08, 2023, 06:43:50 PM
 #147

enter and buy more if you have spare funds to begin with. though the potential of this market is great, however, you need to be conservative in your estimates if you have little extra funds for this. buying at 35k is not bad if you are eyeing to sell it like at 40k and above. however, you have no idea when such price will hit in the market.
For investors buying at 35k to sell at 40k or more won't make noticed difference if they aren't buying bitcoin in significant amounts. Buying at 35k to sell for 40k gives a profit of 5k so it's worth it you've got money or else you'll make less because you're spending less to invest.

I will also add that it all depends on the intention of the buyer is. If rhe plan is to hold for long, then $35k is a very good entry point becaus Bitcoin is getting set for a huge move upward. But for a short term trade,  it becomes difficult to predict how high Bitcoin can go within a short time.
We don't know if the OP's got $35k to invest he's probably buying smaller amounts of bitcoin so it's going to reflect on his profits.

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November 08, 2023, 08:05:53 PM
 #148

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Since you have been able to buy Bitcoin at 26,27,30 and 31k it still has to do with you having that financial stability to purchase Bitcoin at that price rate ($35k). If you feel you're financially stable and nothing is holding you back I think you should give it a shot, anytime soon it might even go above $35k, who knows you might be seeing it at $38k hopefully.

Btc has appreciated 1.85% today at a price of $35,385 and yet showing move for continuation of up movement. It is all green for the crypto market at the moment and this may well be good and cheap for those who want to jump in. Bitcoin is the moving force for other coins and from the look as it is in the wave of price and now that we are approaching the last month of the year, it could be the best time to do another DCA.
To some extent, $35k is still a discounted bitcoin price and for sure buying at the current price will indeed be a jump in on the market as you said since we have had a long time of discount prices of below $25k for so long which if anyone has bought at that price, he will be in profits already.


But for those who missed that Bitcoin price, I think getting in at this moment is still a safe haven for anyone who truly wants to take advantage of the current market situation, even though there may be a likelihood of a long waiting period also since 35k is already an up position market movement and with the current bitcoin market gains that suggest a more likely slow uptrend movement.


R


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November 08, 2023, 08:18:05 PM
 #149

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Just buy and buy mate, remember that we are nearing Bull run but if you are considering the buy low
 sell high then you can risk waiting for the dump before it happens because we knew that some situation may bring us to success or to failure .

Buy now or buy later isn't really a thing because the reality is that it is your money and no one can
decide for you but you.just never let your greediness took over instead let your desire covers with enough profit each time.
That is such an obvious thing and people are still not entirely sure about it. I get that it may not be all that simple, and there are a lot of people who end up with a lot of trouble, but that doesn't mean that they should not be able to see it. I mean buying right now is not a question, if you are capable of buying then you should be buying, that's what people should do, not making any type of profit because you are too chicken to buy right now makes no sense to me at all.

People are aware of the fact that halving is coming and after every halving the price goes up, so if the yare not buying right now, what are they even waiting for? More drop? I mean it is not dropping, it is getting bigger and better, so they should buy a lot more right now and some still do not for some reason.
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November 08, 2023, 08:25:11 PM
 #150

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Just buy and buy mate, remember that we are nearing Bull run but if you are considering the buy low
 sell high then you can risk waiting for the dump before it happens because we knew that some situation may bring us to success or to failure .

Buy now or buy later isn't really a thing because the reality is that it is your money and no one can
decide for you but you.just never let your greediness took over instead let your desire covers with enough profit each time.
That is such an obvious thing and people are still not entirely sure about it. I get that it may not be all that simple, and there are a lot of people who end up with a lot of trouble, but that doesn't mean that they should not be able to see it. I mean buying right now is not a question, if you are capable of buying then you should be buying, that's what people should do, not making any type of profit because you are too chicken to buy right now makes no sense to me at all.

People are aware of the fact that halving is coming and after every halving the price goes up, so if the yare not buying right now, what are they even waiting for? More drop? I mean it is not dropping, it is getting bigger and better, so they should buy a lot more right now and some still do not for some reason.
You would really be that hesitating on the time or we do speak about trying to buy coins @35k on which it cant really be removed on someones mind that the price might really be that shoot up even further or the possibilities of dump on the time that we do make some entry on which this could really be bringing out that kind of doubt on which its never been that shocking of us to have that kind of reaction.
Even myself which considered to be old or veteran on this market on which i do still feel those kind of doubts on making some entries or positioning specially into this current period.
Basing up on technicals then we are really holding into this level or having that sideways on which there would really be some possible breakouts.

So its a risk taking thing if you do decide on making some buys into this point, it would be a good call if you do really end up on making the right decision since the market
did make out some increase afterwards. Results or outcomes would really be just going into two different scenarios or results.

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November 09, 2023, 10:58:51 PM
 #151

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Right now, the price of bitcoin has already soar high to $36k and for me, its still a good buy knowing the price of bitcoin is speculated to make a massive increase in the next days and months. And as long as you don't sell lower than the price you bought bitcoin, then obviously you will never be going to lose. Just continue to do DCA and hold bitcoin for long term, hodling it for 10 years will already give you life changing profits.

However, if you are planning to sell all your coins when bull run comes, then I suggest you might probably wait for bitcoin price to drop a little so that you can still maximize your bitcoin purchase and gain bigger profits the moment you decide to sell. But to be honest, you don't have to worry with bitcoin whether you buy it at a higher price, its price will never settle for less anyway.

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November 10, 2023, 02:11:05 PM
 #152

That was real quick. Bitcoin was like $26k a few weeks ago and I thought I could wait for a pullback at $25k. And then we've got some people asking if it is still cheap to buy bitcoin at $35k. Now bitcoin is at $37k, maybe we can see a pullback to $35k since it didn't stay long at $38k.

Bitcoin is still absolutely a buy even at this current price. We're a few months away from the halving and we never knew how high bitcoin can reach again. I'll continue my DCA probably until the halving month when I need to make a tough decision after that since trading actively during a bull market has been profitable to me in the last cycles.

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November 10, 2023, 02:56:34 PM
 #153

This scenario usually happens, where you keep waiting for the price to have a retrace and you never see it happen close to your expected target to buy, So this is why DCA is good, we shouldn't go in all in one, but I would advise one to set buy pending orders wherever they think the market will pull back to.

There is no certainty as regards what direction the price will take, further up or down, Just get some stats at whatever price you think is good for you, $30k, $35k, $36k,$38 because looking at the future price of Bitcoin and where we are headed, whichever prices you got in now will no longer matter, so far you are holding for long-term when the current price will be dam buried by the price we will have Bitcoin in the future.

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November 10, 2023, 03:26:04 PM
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 #154

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

there is no purchase that is too expensive or too cheap, it all depends on the point you determine. if you plan to sell at 60k, the investment you are making now is good enough. or better yet, if you hold it for a longer time, maybe your investment can become even more profitable.

Assuming someone has bought when the market was at $35,000 what do you think could have been the realized profits now that the market rises to $37,000 and yet we are still going up further the more with the bull market because this period has marked the need of the bear market for this year, there's more of bull market till next year before the expected bullrun after halving which means hence fo from here, we are still going more higher than $100,000 after Halving.

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November 10, 2023, 03:59:36 PM
 #155

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

there is no purchase that is too expensive or too cheap, it all depends on the point you determine. if you plan to sell at 60k, the investment you are making now is good enough. or better yet, if you hold it for a longer time, maybe your investment can become even more profitable.

Assuming someone has bought when the market was at $35,000 what do you think could have been the realized profits now that the market rises to $37,000 and yet we are still going up further the more with the bull market because this period has marked the need of the bear market for this year, there's more of bull market till next year before the expected bullrun after halving which means hence fo from here, we are still going more higher than $100,000 after Halving.

In the case of OP, he should just DCA in different price level instead of buying at single price of 35k. All is just an assumption that market will go well next year that makes us easy to calculate profit but everything can be reversed with just a single bad news. I’m not trying to jinx but crypto is unpredictable and typically buying near the current high is what makes people always left behind when the market correct.

But on the current market scenario which 37k is already reached. I will wait for more highs then correction before I start buying again to make that I’m not buying at peak simce the market will not go away since it always tend to correct at some point.

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November 10, 2023, 07:19:29 PM
 #156

In the case of OP, he should just DCA in different price level instead of buying at single price of 35k. All is just an assumption that market will go well next year that makes us easy to calculate profit but everything can be reversed with just a single bad news. I’m not trying to jinx but crypto is unpredictable and typically buying near the current high is what makes people always left behind when the market correct.

But on the current market scenario which 37k is already reached. I will wait for more highs then correction before I start buying again to make that I’m not buying at peak simce the market will not go away since it always tend to correct at some point.
We must be aware that market fluctuations are very susceptible to influencing any news related to crypto, we may target a single price of 35k and it is possible to predict that in a few weeks or months the price will be even lower, I always advise new traders to prioritize DCA every time they purchase crypto assets and buy put low price. Dominant traders assume the market price of $40k will be reached but they do not anticipate the possibility of a market correction from the impact of bad news that could be posted at any time.

The market will definitely be corrected at some point unless there is a lot of positive news and the daily volume of the market is increasing which will encourage an increase at a high price point, all predictions are just assumptions so be careful buying the current highest price and prioritize DCA.

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November 10, 2023, 08:23:18 PM
 #157

there is no purchase that is too expensive or too cheap, it all depends on the point you determine. if you plan to sell at 60k, the investment you are making now is good enough. or better yet, if you hold it for a longer time, maybe your investment can become even more profitable.
The main point is the target that we set ourselves when we start investing, because we want to set a long-term target for Bitcoin investment in the $60K range. That means it's still good enough to buy from now on, but if the current price range has provided a hundred percent profit because of buying Bitcoin at a much lower price last year, it wouldn't be wrong for an investor to sell. Although it would be much better if you still save to see the potential increase next year in what range the Bitcoin price will be.
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November 10, 2023, 08:30:55 PM
 #158

there is no purchase that is too expensive or too cheap, it all depends on the point you determine. if you plan to sell at 60k, the investment you are making now is good enough. or better yet, if you hold it for a longer time, maybe your investment can become even more profitable.
The main point is the target that we set ourselves when we start investing, because we want to set a long-term target for Bitcoin investment in the $60K range. That means it's still good enough to buy from now on, but if the current price range has provided a hundred percent profit because of buying Bitcoin at a much lower price last year, it wouldn't be wrong for an investor to sell. Although it would be much better if you still save to see the potential increase next year in what range the Bitcoin price will be.

It's already more than 100% profit for us if we have invested at the lowest price last year of $15,500. So that is the good thing about bitcoin investment, in just short amount of time you can really make a huge profit without doing anything in your part but just to buy and then hold. But the bigger picture is still the bull run that we wanted to see next year. So buying at $35,000 could still be a good idea.

And this price seems to be very expensive, yeah, for some it is, but just look at how the price moves to $37k-$40k. There is still profits to be made short term. But as I have said, it's better to look long term so that when you buy today and if you think it's expensive, then just wait till we enter the bull run.
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November 10, 2023, 09:16:38 PM
 #159

there is no purchase that is too expensive or too cheap, it all depends on the point you determine. if you plan to sell at 60k, the investment you are making now is good enough. or better yet, if you hold it for a longer time, maybe your investment can become even more profitable.
The main point is the target that we set ourselves when we start investing, because we want to set a long-term target for Bitcoin investment in the $60K range. That means it's still good enough to buy from now on, but if the current price range has provided a hundred percent profit because of buying Bitcoin at a much lower price last year, it wouldn't be wrong for an investor to sell. Although it would be much better if you still save to see the potential increase next year in what range the Bitcoin price will be.

It's already more than 100% profit for us if we have invested at the lowest price last year of $15,500. So that is the good thing about bitcoin investment, in just short amount of time you can really make a huge profit without doing anything in your part but just to buy and then hold. But the bigger picture is still the bull run that we wanted to see next year. So buying at $35,000 could still be a good idea.

And this price seems to be very expensive, yeah, for some it is, but just look at how the price moves to $37k-$40k. There is still profits to be made short term. But as I have said, it's better to look long term so that when you buy today and if you think it's expensive, then just wait till we enter the bull run.
I did miss out that $15k bottom price on which we do have tons of analysis and speculations that the price might be going down below on reaching that $10-12k on which i have been anticipating on the same thing but ended up on having entry on 20k price point on which we do see the price didnt really go that low on which it is really that a huge regret for us to have considering that
it was really indeed the bottom price of this cycle. If we've been able to have those entry into that point then we are really that basically be having 120% profit as of this writing basing up on 37k price.
No one really had been anticipated knowing that bottom price is never been that something easy to be known on. Market is unpredictable and it would really be neither a hit or miss
when it comes to this scenario.

For those people who had bought on 35k then for sure they are making money as of this moment because the price had already come up.
For those who had just been waiting up then they had missed up the opportunity on making profits in short time but well mistakes could really be obtained because we can really miss out
due to unpredictability of the market.
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November 10, 2023, 09:59:21 PM
 #160

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
It depends on how long you are going to invest.  It would be expensive if you are buying for short term duration, which means you're not going to hold it for long. But for long term hodlers, I guess buying at its current price is not a bad idea since you won't be selling your coins also when you see the prices are dropping. You would always prefer to hold it and will not sell all of them even when the bull run happens.

For me, seeing the market is very positive, I would not mind buying bitcoin even if the price is high. But hold it for 10 years for possible huge profits.
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November 10, 2023, 10:13:20 PM
 #161

It doesn't matter which time ppl buy it's going to be a risk. I can't say $35k is a bargain because we don't know if bitcoin's going to fall to below $30k again. It it's price goes above $100k we'll be smiling but if it's going to fall we'll learn a lesson in FOMO.

Bitcoin is still absolutely a buy even at this current price. We're a few months away from the halving and we never knew how high bitcoin can reach again.

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November 11, 2023, 07:32:37 PM
 #162

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

This all depends on you, if you buy bitcoin for the long term then there is nothing expensive in buying bitcoin now because the previous ATH of bitcoin was 69k and btc in the next few years will reach a new ATH. So keep buying btc with the dca method without caring about the current price of bitcoin, because the current price of bitcoin is not expensive and it is not too late to collect it. Believe that Bitcoin will change your life in the future with various benefits.

R


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November 12, 2023, 01:10:20 PM
 #163

It doesn't matter which time ppl buy it's going to be a risk. I can't say $35k is a bargain because we don't know if bitcoin's going to fall to below $30k again. It it's price goes above $100k we'll be smiling but if it's going to fall we'll learn a lesson in FOMO.

Bitcoin is still absolutely a buy even at this current price. We're a few months away from the halving and we never knew how high bitcoin can reach again.

Agreed that there are many people who did not take advantage of buying bitcoin when it was still under $20k or $30k and they started buying when they saw the bitcoin price increase to $35k or $37k as it is now. But there are also people who are still accumulating btc every month, so $35k is still a good price to buy and they are also not Fomo. Not to mention those new to the market who do not have the opportunity to buy bitcoin at a lower price, this is the right price for them to buy. Therefore, it cannot be said that if the price of bitcoin falls, everyone has to pay the price, not everyone who buys at this price is FoMo.



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[15.00000000 BTC]


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November 12, 2023, 05:49:38 PM
 #164

The ppl who've been saving monthly shouldn't be affected by hype or FOMO they shouldn't deviate from their investment strategies. If they're happy to continue accumulating bitcoin by investing whenever they can they shouldn't change stacking sats. It becomes a problem when ppl are told they're guaranteed to make profits after halving that's the FOMO they shouldn't believe.

Agreed that there are many people who did not take advantage of buying bitcoin when it was still under $20k or $30k and they started buying when they saw the bitcoin price increase to $35k or $37k as it is now. But there are also people who are still accumulating btc every month, so $35k is still a good price to buy and they are also not Fomo.

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November 13, 2023, 10:39:18 AM
 #165

The ppl who've been saving monthly shouldn't be affected by hype or FOMO they shouldn't deviate from their investment strategies. If they're happy to continue accumulating bitcoin by investing whenever they can they shouldn't change stacking sats. It becomes a problem when ppl are told they're guaranteed to make profits after halving that's the FOMO they shouldn't believe.

Agreed that there are many people who did not take advantage of buying bitcoin when it was still under $20k or $30k and they started buying when they saw the bitcoin price increase to $35k or $37k as it is now. But there are also people who are still accumulating btc every month, so $35k is still a good price to buy and they are also not Fomo.

What about those who have just entered the market in the past month or two? When you consider that $35k is not the ideal price to buy. For those who had the opportunity to buy bitcoin at 15k$, the price of 37k$ was when they made a profit, but I still think that price is still ideal to accumulate for newbies, those with a strategy long-term investment. Suppose they will wait for the price to decrease to buy, but what if the price does not decrease but continues to increase? So let's buy whenever we can, and don't think the price will drop after buying because our vision is long term.



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[15.00000000 BTC]


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November 13, 2023, 06:43:24 PM
 #166

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
The volatility of Bitcoin if quit funny and angering because it is in such a nature that it doesn't take biased stance instead it is fluctuated living its investors an individual decision in the Bitcoin industry.

Bitcoin hitted the above mentioned values as matter of time by when Bitcoin was invented.
At OP, did you never wondered the value of Bitcoin in 2010 at  the rate of $0.09,  $13.28-$123 in 201 even to $10,000-$6.635.84 by 2020 and yet people are buying and are making profits despite the increase of value rates of the coin. Don't looking briefly at the historical prices of Bitcoin, don't you think even the  26/27 and $30K were even too expensive compare to the above mentioned historical prices? Even when it hitted $69K which the history hasn't repeated itself yet, there were still investors who made no haste to buy the Coin.

So I can only tell you that no amount of Bitcoin is even too expensive as long Bitcoin has a high level of volatility, it is not limited to any price so take advantage and buy your Bitcoin at your readiness because the market value would never stance considering to favour you rather you have to take advantage over the values of the Bitcoin at your pleases.

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November 13, 2023, 06:50:19 PM
 #167

It doesn't matter which time ppl buy it's going to be a risk. I can't say $35k is a bargain because we don't know if bitcoin's going to fall to below $30k again. It it's price goes above $100k we'll be smiling but if it's going to fall we'll learn a lesson in FOMO.
Based on the history of Bitcoin so far, it has 4-year cycles where it stays down for about 2 years or so and in the next 2 years, the market tends to go up and finally reach a position that will be the U-turn point for it, just like what happened in 2021 when Bitcoin marked it's all-time high at $69k and then started dropping from there. Now, after 2 years, the price has started recovering, and the next couple of years are expected to be positive for the market.

That is the reason why people expect that Bitcoin is going to go up from this point, and that movement tends to speed up after the halving event, which is to occur in April 2024 estimated based on the block mining interval, once that happens, the market will most probably gain more momentum and the movement after that will determine how high it can go.

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November 13, 2023, 11:56:05 PM
 #168

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Buying Bitcoin will totally depend on you because if investing for long term then I think buying Bitcoin at 35k is not expensive. Bitcoin price will be higher than what you expect because Bitcoin halving is waiting in the future. So buy bitcoins fast, I myself have bought bitcoins in several steps but now I am also seeing some benefits. But I still put it in for the long term so never looked at the price of bitcoins just kept buying.

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November 14, 2023, 04:13:53 AM
 #169

It doesn't matter which time ppl buy it's going to be a risk. I can't say $35k is a bargain because we don't know if bitcoin's going to fall to below $30k again. It it's price goes above $100k we'll be smiling but if it's going to fall we'll learn a lesson in FOMO.

Bitcoin is still absolutely a buy even at this current price. We're a few months away from the halving and we never knew how high bitcoin can reach again.
if that is about this year then you might be wrong because sideways may come but I do also believe that 35k is a good buy since OP seemingly for long term or at least Semi long term holding in which perfect for Him to buy now while its how.
I also don't know if he needed to wait another fall but sometimes waiting for the lowest made us trapped in more higher value.
though surely 100k will be broken in time , may not today or tomorrow but sooner or maybe in the next Bull after Halving.
Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Buying Bitcoin will totally depend on you because if investing for long term then I think buying Bitcoin at 35k is not expensive. Bitcoin price will be higher than what you expect because Bitcoin halving is waiting in the future. So buy bitcoins fast, I myself have bought bitcoins in several steps but now I am also seeing some benefits. But I still put it in for the long term so never looked at the price of bitcoins just kept buying.

Hope that he will decide before it blows up , or he had added before it turns 37k last week .

I also kept buying bitcoin one step at a time , last year started when the value falles below 20k , and for me that is the lowest value to buy before the Bull finally comes back.

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November 14, 2023, 12:49:19 PM
 #170

When it comes to Bitcoin investment it always depends on you what type of you want to Invest. The risk of loss is very low when buying Bitcoin as a long-term investment. Because the price of Bitcoin will definitely increase in the future, you will not make a mistake if you buy Bitcoin at $35K at present. Because according to experts, after the halving in 2024, the price of Bitcoin in 2025 is very likely to exceed one hundred thousand dollars. Because the halving in 2020 followed by Bitcoin peaking in 2021. So you can buy bitcoins with confidence you can follow the DCA procedure. By following the DCA method you can get the maximum benefit in terms of long term investment.

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November 14, 2023, 02:28:08 PM
 #171

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

If you earn 26k, 27k, 30k, or 31k, that means you know what you are doing as an individual trader here in cryptocurrency. Now, why are you asking if it is expensive to buy 35k of each bitcoin?

When you bought at the price of $26,000, didn't you fall in love with the value of Bitcoin? Literally speaking, it's expensive, to be honest, but you still bought it, didn't you, and despite its value at that time, you still managed to make a profit from trading, right? What is the difference between that and 35k for each bitcoin when you buy? You won't be able to make a profit at that price.

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November 14, 2023, 08:03:42 PM
 #172

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Their no time you purchase a bitcoin that's expensive, what I really want you to understand concerning bitcoin is that the price will continue to increase, so therefore the price of bitcoin increase and when you purchase as the price increased their is every tendency that the price may increase more than what it was before, so that's while I said that theirs no time you purchase a bitcoin that the price never be expensive from my understanding of cryptocurrency,  so therefore bitcoin price should not make you not to purchase more of bitcoin,  because two things are involved into cryptocurrency investment especially bitcoin, neither you lose in your investment or you gain in your investment.

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November 14, 2023, 09:15:49 PM
 #173

I can't oppose your post because you're saying the same as me but I'm worried for ppl buying bitcoin because of FOMO. They'll make some mistakes they don't know exist until it's to the point they can't avoid losing their investments. It's usually happening when ppl buy at high price but if they're buying to hodl it's a better investment to short sales.

Suppose they will wait for the price to decrease to buy, but what if the price does not decrease but continues to increase? So let's buy whenever we can, and don't think the price will drop after buying because our vision is long term.

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November 15, 2023, 12:38:54 AM
 #174

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Buying Bitcoin will totally depend on you because if investing for long term then I think buying Bitcoin at 35k is not expensive. Bitcoin price will be higher than what you expect because Bitcoin halving is waiting in the future. So buy bitcoins fast, I myself have bought bitcoins in several steps but now I am also seeing some benefits. But I still put it in for the long term so never looked at the price of bitcoins just kept buying.

for long term indeed $35k still make sense to invest, we see ATH is really high, 100k, 35k is just fraction of it, if its for long term, say it for about 3 years and more, it will be good enough price point to invest, people who are investing for long term are having the flexibility of dumping whatever they feel like it and if it doesn't reach the target they could just wait it out its as simple as that.

even though 35k for right now seems quite high enough, but its only for short term trader that don't really have patience in this regard, even some big companies that invest in bitcoin are still accumulating till this day for the sake of long term investment so I don't think it will do harm to entry at this point but know that there might be some drop in price in few weeks maybe though its prediction with no guarantee that it will be right.

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November 15, 2023, 03:39:24 AM
 #175

What price are you planning to sell your bitcoins or how long are you planning to hodl that bitcoin that you've been buying? Depending on your answer on the questions I've given to you, that would be the answer to your question. If say for example your target price would be around 100k or higher than that as others plan to sell to then 35k is just nothing compared to when you're planning to sell so go and buy bitcoin now, it's not going to hurt you in the long-term. If you are planning to hodl for a really long time like say 10 years or so then you're not going to mind buying now because in 10 years there's a possibility that you're going to see the price of bitcoin in a much higher price than we can imagine. If your answer isn't matching with any of the two example then the answer yo your question would be that 35k is expensive for you.



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November 15, 2023, 10:53:58 AM
 #176

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Their no time you purchase a bitcoin that's expensive, what I really want you to understand concerning bitcoin is that the price will continue to increase, so therefore the price of bitcoin increase and when you purchase as the price increased their is every tendency that the price may increase more than what it was before, so that's while I said that theirs no time you purchase a bitcoin that the price never be expensive from my understanding of cryptocurrency,  so therefore bitcoin price should not make you not to purchase more of bitcoin,  because two things are involved into cryptocurrency investment especially bitcoin, neither you lose in your investment or you gain in your investment.
Yeah, there are no right or wrong time to buy, and just like what we have seen in the price today, we are somewhat in the high $35k and I think this is still a good buy in my opinion. Just look at the long term price prediction. Not saying that it will happen or the prediction will be spot on, nevertheless, if it hits more than $100k in the next bull run, it will definitely be a good win for us.

So just buy when you think that you can afford it, not forcing yourself because you wanted to buy. You should understand that this should be for the long term and that's why we all just invest what we can afford to lose, just saying. Maybe it looks like expensive today, but as I have said, when we are in a bull run, we will have a massive spike in price making you a good profit.

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November 15, 2023, 10:57:59 AM
 #177

There's something about investing fully into bitcoin at this current price that makes me feel like it's for rich people who want minimal risk and very little return on investment.

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November 15, 2023, 03:00:55 PM
 #178

What price are you planning to sell your bitcoins or how long are you planning to hodl that bitcoin that you've been buying?
Pretty good questions for self assessment in my opinion but I think that OP can do just fine with answering only the first one, having a target price makes it easy for you to decide if the current price is worth putting in more bitcoin or not that other question seem unnecessary to me and I don't see the point of asking that besides trying to justify hodling for a long time.
There's something about investing fully into bitcoin at this current price that makes me feel like it's for rich people who want minimal risk and very little return on investment.
I don't think little return on investment is the best thing to describe investing in bitcoin right now because 35k is so low for me given how high bitcoin was the last time. That something you are thinking right now is probably just you being judgemental about other people's choice during the current price and there is nothing wrong with that, you are probably thinking that they are not getting their money's value or that they might be buying at the wrong time due to the possibility of the bitcoin price going down.



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November 16, 2023, 01:56:18 AM
 #179

I don't think little return on investment is the best thing to describe investing in bitcoin right now because 35k is so low for me given how high bitcoin was the last time. That something you are thinking right now is probably just you being judgemental about other people's choice during the current price and there is nothing wrong with that, you are probably thinking that they are not getting their money's value or that they might be buying at the wrong time due to the possibility of the bitcoin price going down.
Ask anyone who has been involved with cryptocurrency investments for a long time about the big return on investment. There is nothing that compares to cryptocurrency ROI. A lot of comparisons need to be done from the first bull market to now, and the difference with return needs to be evaluated. In this case, I do not judge people's choices, it's just a simple piece of advice that I express as my own. The return on investment is relative and for most billionaire, 2x to 3x is enough for them, which they may not still get anywhere else.

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November 16, 2023, 02:44:27 AM
 #180

I have good quote "your doubt your loss" if you still doubt for investing in bitcoin when price still under $35K loss opportunity to earn much profit after bitcoin success raising up almost $38K last several days. Make balance between your planning and your action when investing in bitcoin, many people have good plan will invest in bitcoin when price drop but many of them afraid when moment of bitcoin with lower price but waiting another moment until bitcoin success recovery to higher price again.
I have invested in bitcoin since still price under $30K and first time looks worry will bitcoin going drop again? but close halving I don't think bad decision to invest in bitcoin and believe will raise up month by month before halving time arrive.

Make research first and balance it with your planning in which price of bitcoin worth to invest, when that moment arrive never afraid or doubt for investing in bitcoin.

R


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November 16, 2023, 03:06:46 AM
 #181

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin

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November 16, 2023, 03:12:39 AM
 #182

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you look at your history on the forum, it can be said that you are one of the beginners who is brave enough to take this opportunity. The question of whether 35k is expensive or not depends on the investment concept you are going with, when you want to hold in the long term then 35k is not too expensive for accumulating purchases. Simply put, will you invest at the price mentioned for the long term or short term? If your financial strength is good, the price of 35k may not be a problem because you can hold bitcoin in the long term to make a profit.

But for people who don't have good financial strength, they will definitely think of other ways in a period that is much cheaper or they might still use DCA as a step. There are no expensive words for buying bitcoin in this period because we believe that bitcoin in the future will be much more expensive than the current price and if that still doubts you then look at the process of bitcoin's journey in the previous four-year cycle.

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November 16, 2023, 09:46:10 AM
 #183

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
I don't know if this is sarcasm but then I think if price has gone lower than it used to be it's best to buy, because the principal to be profitable in cryptocurrency is to buy low and sell high, except we are expecting further fall below $35k which is very possible but then if Bitcoin has done $60k before, most definitely by the next bull run Market it's definitely going higher beyond that. I advise buying at $35k isn't a bad one when compared to the ATH which is almost twice $35k except you want to wait a little more then you can go ahead to wait and see if it will fall a bit below $35k but I'm almost certain it won't go any further below $30k so I think it's still the right time to buy.

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November 16, 2023, 12:11:38 PM
 #184

If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.

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November 16, 2023, 10:01:36 PM
 #185

You aren't advising ppl in your professionally qualified point of view so what's the point of trying to convince ppl to buy? When investors buy after they've trusted ppl like you they're in danger of losing their investment. Generating false hopes isn't going to help investors so it's better if all users stop FOMO.

If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.

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November 16, 2023, 11:44:06 PM
 #186

Do you want long term or short term investment? if you want a short term investment the current price of $36k looks very high and maybe you should think again about buying. but if you want a long-term investment the current price is still very low. but I suggest you only invest for the long term because the risk is relatively low, buy now and hold until the bulls arrives.

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November 17, 2023, 03:17:01 AM
 #187

I don't know if this is sarcasm but then I think if price has gone lower than it used to be it's best to buy, because the principal to be profitable in cryptocurrency is to buy low and sell high, except we are expecting further fall below $35k which is very possible but then if Bitcoin has done $60k before, most definitely by the next bull run Market it's definitely going higher beyond that. I advise buying at $35k isn't a bad one when compared to the ATH which is almost twice $35k except you want to wait a little more then you can go ahead to wait and see if it will fall a bit below $35k but I'm almost certain it won't go any further below $30k so I think it's still the right time to buy.

It is a sarcasm according to my last chart here https://www.tradingview.com/x/oBs5VHn4/ we might gonna see a correction between 30K level that max and support of local zone after 4 week of green candle the price need to be calm down or atleast there is good news coming

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November 17, 2023, 12:36:28 PM
 #188

The price's high at $36k but it doesn't matter if the investment's long or short term because the risks won't disappear. If ppl invest small amounts they shouldn't worry if they lose it by selling lower than they paid for. If they can't hodl they're limiting their chance of making profit. We don't know when the bullish period's going to start.

Do you want long term or short term investment? if you want a short term investment the current price of $36k looks very high and maybe you should think again about buying. but if you want a long-term investment the current price is still very low. but I suggest you only invest for the long term because the risk is relatively low, buy now and hold until the bulls arrives.

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November 17, 2023, 12:39:26 PM
 #189

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin

This is completely wrong estimation that people are making on Bitcoins. According to me Bitcoins are very valuable coins. They are limited in numbers. Moreover we have seen Bitcoins rising from 1$ to 69k usd . So this proves the capability of the coin. So there will be a time when the demand to accumulate the coins will be high, and hence the price will skyrocket at that time. So it’s better to have as many Bitcoins as you can in your wallet. When Bitcoins will be skyrocketing in high prices, you will have sufficient coins and you will make great profits by selling it.

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November 17, 2023, 01:37:04 PM
 #190

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
Just like those days were the price of Bitcoin was $1, $10, $1k --people haven't the courage to buy this because it was expensive in a project that was not known for its potential and use case until the time came that it pumps high and make hype. People started to buy them and accumulate more thinking that there were more pumps coming. 

Well, investing is not been forced on anyone --those who think buying Bitcoin at $35k is quite expensive, I think they don't have room in crypto investment.

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November 18, 2023, 04:42:50 AM
 #191

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
The discussion is about buying and not selling, I believe you didn't get the context because, from your post, it seems that you are trying to say that it's early for someone to sell at $35k because the price will go up during the bull run and there will be a new all-time high. However, when we talk about buying, it's never too late but we can say that one could get a much better price if they had bought earlier when the price was still at $26k or even better if one could buy when it was around $16k last year.

Those who missed earlier prices will probably have to buy higher because the bull market is almost around the corner, and we don't know when the market will start going straight up and won't come down again, in that case, even the current price will be the lowest for those who hasn't bought yet.

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November 19, 2023, 01:57:21 AM
 #192

Just like those days were the price of Bitcoin was $1, $10, $1k --people haven't the courage to buy this because it was expensive in a project that was not known for its potential and use case until the time came that it pumps high and make hype. People started to buy them and accumulate more thinking that there were more pumps coming. 

Well, investing is not been forced on anyone --those who think buying Bitcoin at $35k is quite expensive, I think they don't have room in crypto investment.
Indeed maybe 35K is quite expensive for now, But I do believe will be a thread again that say Buying at 60k?

What Im trying to say is most people dont have the courage to buy even at low price and I think the problem is they didnt believe enough to Bitcoin and

again Well, investing is not been forced on anyone --those who think buying Bitcoin at $35k is quite expensive, I think they don't have room in crypto investment. you are 100000% right

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November 19, 2023, 09:55:21 AM
 #193

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
Does this mean that your projection for the new all time high is $100k? I have seen a lot of people with same views but I don't understand the basis for chosing that number.

Lately the predictions have even gone as high as $250k considering that ETF approval may happen as well as the halving. These are valid optimistic projections in my opinion.

Buying at the current price is cheap because non of the expected triggers has happened. Market is simply moving naturally as it should without external factor influencing it.

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November 19, 2023, 07:08:10 PM
 #194

The question answers itself, of course it is appropriate to buy Bitcoin, has it already reached the last Maximum? If you have a good opportunity to buy, why don't you do it and ask if it is good to buy or not? I don't understand these things because they are what cause panic to spread, those who have more bitcoin and want to sell, then what to sell, the smarter people or the most intelligent are going to buy, those who had bought bitcoin from $26k and now they want sell because they are in profit, they can do it, of course, it is their money, they have the right, but those who really want to make money will check if they have the money to do it.

Quote
Such an example is the popular X (Twitter) user KALEO, who thinks BTC has a chance to soar to $40,000 before the end of 2023. However, they warned that the asset might plunge to approximately $34,000 before spiking to the aforementioned peak.

Another analyst who recently chipped in is CryptoCon. They observed the Alternate Theory, which is an alternative to the Halving Cycles Theory, to assume that BTC could hit a new all-time high by early May 2024.

Original Source: https://cryptopotato.com/the-bitcoin-btc-price-predictions-of-the-last-seven-days-what-do-experts-think-comes-next/

Here you have options if you want to do what others say, if your conviction is not so strong.

R


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November 19, 2023, 09:25:30 PM
 #195

the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
I think if the goal is for the long term and not looking at momentary gains then indeed the answer will definitely be the same because there is nothing wrong with buying at that price but for some people sometimes they only focus on the benefits they get now and think they can take the benefits they get. Although it is not a mistake but if in the end we think further about what happens such as our target for the next few years then I think buying regularly and continuously then it will be much better regardless of the price for now because the target we want to achieve is not now but the next few years.

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November 20, 2023, 02:25:10 AM
 #196

I think if the goal is for the long term and not looking at momentary gains then indeed the answer will definitely be the same because there is nothing wrong with buying at that price but for some people sometimes they only focus on the benefits they get now and think they can take the benefits they get. Although it is not a mistake but if in the end we think further about what happens such as our target for the next few years then I think buying regularly and continuously then it will be much better regardless of the price for now because the target we want to achieve is not now but the next few years.

1000% agree long-term goal is the choice, especially for bitoin which has the huge benefit, like this moment there are a dozen top investment companies who are racing to get SEC approved for their ETF Filling. So that is why I said that 35K is at low prices when all those companies get approved I dont think we are gonna see 35K again in future.

If all ETF-approved ATH can be reached in next year.

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November 20, 2023, 03:06:37 AM
 #197

If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.
It is not right to buy bitcoins too fast, but you need to know about the volatility before the market and have good strategies.  Also, you need to control your emotions when you buy on the rise in Bitcoin price, as you can face losses. It's the most important investment because emotions can't control you if you're facing a loss. And if you invest for long term then you can invest from any place there is no golden opportunity from which place is your golden opportunity to buy bitcoins. Since the price of Bitcoin is constantly increasing, it is better to buy Bitcoin now if you plan for the long term. However, Bitcoin is currently trading above $37k, so I think there is a chance of going higher in the coming months.

R


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November 20, 2023, 05:41:32 AM
 #198

If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.
It is not right to buy bitcoins too fast, but you need to know about the volatility before the market and have good strategies.  Also, you need to control your emotions when you buy on the rise in Bitcoin price, as you can face losses. It's the most important investment because emotions can't control you if you're facing a loss. And if you invest for long term then you can invest from any place there is no golden opportunity from which place is your golden opportunity to buy bitcoins. Since the price of Bitcoin is constantly increasing, it is better to buy Bitcoin now if you plan for the long term. However, Bitcoin is currently trading above $37k, so I think there is a chance of going higher in the coming months.

I agree that we need to do our own research and analysis before deciding to buy bitcoin, but if we buy at the current price, what damage will we face if we ignore short-term volatility? Bitcoin is unpredictable so buy it as soon as you understand it and are ready to invest in it. Like OP when he asked about buying bitcoin, it was only priced at 35k$ but now it is trading over 37k$. So buy as soon as you can, don't hesitate just because you think it's too high because you may have to buy at a higher price if you continue to hesitate.

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November 20, 2023, 06:16:47 AM
 #199

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
35k may still be a fair price to join the market,  but also note that,  no one can rightly predicts the price of Bitcoin and how much time you may have to wait for the market to reach your desired profits position,  but then if you are planning a long term holding then you are right to buy into the market at that price,  but if you want to take a short term market position with aim of taking profits anytime soon, you may have to consider the price properly and also measure your risk according to what is available for you and at that point,  you are no longer investing,  but gambling with the price of Bitcoin at that level.

So in such a position,  you must be willing to take whatever reality that comes from your decision since anything can happen and you may not likely be in profit at the end,  but you only lose when you sell your Bitcoin,  otherwise,  you may keep holding until price become more favourable to you to sell.
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November 23, 2023, 12:41:01 PM
 #200

If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.
This is good advice as the owners of Bitcoin can't regret it in the end, it's such a very good project that has a bright future.

Although things might not turn out the way some people hype it, regardless, in the end, Bitcoin should continue to rise and hit new ATHs which is a very good reason to buy it. Another thing is that new people are investing in the coin daily, which explains the reason why the market capitalization is increasing daily. It reached over $1 trillion in the last bull run, and another bull run is expected soon, the coin could be over $2 trillion this time when it is more popular than it was in the last bull run.

By that time, Bitcoin could be well around $100,000.

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November 23, 2023, 01:10:49 PM
 #201

By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

Every time the cycle increases it will always experience an increase of 2x more than the previous ATH so I think above $150,000 is still reasonable but we never know about the future and only look at historical history no more than that while for higher expectations it doesn't matter as long as we already have bitcoin in the bag then ready when the bullrun comes.

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November 23, 2023, 04:23:52 PM
 #202

By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

Every time the cycle increases it will always experience an increase of 2x more than the previous ATH so I think above $150,000 is still reasonable but we never know about the future and only look at historical history no more than that while for higher expectations it doesn't matter as long as we already have bitcoin in the bag then ready when the bullrun comes.

You're all having your various points, we almost have doubled the previous all time high for bitcoin at each bitcoin circle that follows after halving, there's more being said already about the bitcoin market price to hit over $100,000 after the next year halving, which is also seen to be very possible because of the bullrun, the demands will be high and the market price also goes up even though it's been characterized by high volatile market conditions throughout the whole period after halving,
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November 23, 2023, 04:49:52 PM
 #203

You're all having your various points, we almost have doubled the previous all time high for bitcoin at each bitcoin circle that follows after halving, there's more being said already about the bitcoin market price to hit over $100,000 after the next year halving, which is also seen to be very possible because of the bullrun, the demands will be high and the market price also goes up even though it's been characterized by high volatile market conditions throughout the whole period after halving,

Quote
2017 - $8,743
2018 - $3,895
2019 - $6,935
2020 - $19,091
2021 - $57,198
2022 - $16,554 
2023 - $37,035
The data above is taken from Twitter and you may notice that every year and cycle happens.

We can conclude that indeed after the halving period bitcoin always experienced an all-time high price and in the previous cycle experienced the same, so this will not be much different so I am always optimistic that next year it might happen with the new ATH.

About the demand during the halving period, it will increase a lot of people have prepared and bought bitcoin from now on.

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November 23, 2023, 09:31:43 PM
 #204

How's anybody supposed to assess what's reasonable for the next ATH. We're all guessing what bitcoin's expected to reach. Some ppl are speculating it's going to be close to $150k.

My advice's to stay away from FOMO because ppl here aren't professionals giving professional advice. There aren't any guarantees therefore don't follow others when they tell you you're going to make riches soon.

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November 24, 2023, 01:30:04 AM
 #205

Does this mean that your projection for the new all time high is $100k? I have seen a lot of people with same views but I don't understand the basis for chosing that number.

Lately the predictions have even gone as high as $250k considering that ETF approval may happen as well as the halving. These are valid optimistic projections in my opinion.

Buying at the current price is cheap because non of the expected triggers has happened. Market is simply moving naturally as it should without external factor influencing it.

I dont have projection for the next All time High But I do believe that is way more than previous ATH, So the DCA between 30K-35K is still a good point. Last ETH is around 69K so in the next ATH I think the 70-80K is highly achievable

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November 24, 2023, 06:31:56 AM
 #206

By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.
actually what he says by the time meaning any time soon (are you supporting that to come early than Halving?) because for me it is harder approach instead I believe that this will happen next year or more.
Quote
Every time the cycle increases it will always experience an increase of 2x more than the previous ATH so I think above $150,000 is still reasonable but we never know about the future and only look at historical history no more than that while for higher expectations it doesn't matter as long as we already have bitcoin in the bag then ready when the bullrun comes.
time frame is the most important part here mate , because if we wanted to see further than 100k , there must be a big reason and for me the highest chance for this is ETF approving .

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November 24, 2023, 09:10:43 AM
 #207

By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.
actually what he says by the time meaning any time soon (are you supporting that to come early than Halving?) because for me it is harder approach instead I believe that this will happen next year or more.
Based on what I posted which @$crypto$ replied to, he is very accurate in his response, it's you who just replied to an excerpt of the context without knowing the full gist therein.

I can't possibly be daft to say that Bitcoin would hit $100,000 before halving, and if you have read my post very well, I'm a very ascertained person that Bitcoin will not reach $40,000 this year, which is against the claims of the majority. I like to be real and not exaggerate anything, this is what @$crypto$ is also saying attesting to it that Bitcoin reaching about $100,000 in the post-having bull run is reasonable enough, unlike those who are calling ambiguous figures that might never happen.

It's better to call a realistic price and Bitcoin reaching it and passing the level than to call an outrageous price that it might never reach in 100 years. And as it is now, Bitcoin is heavy, it's currently at about $37,000 with a market cap of $731+B, so if it reaches about $2+ trillion in the next post-halving effect, that means the coin would already be at $112,000 which is reasonable enough. That's a price thrice its current capitalization and almost double of the current ATH.

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November 24, 2023, 09:53:27 AM
 #208

Hmm, so it seems like I have no choice but to buy bitcoin at any price for my November DCA. When it was at $30k something I thought the price movement was too quick so there should be a slight correction at least at $28k. Then it's $35k I planned to buy it once it drop to $30k again. We're now about a week before the month ends and the price still hasn't dropped even if there were postponement news and there's the CEO of crypto's largest exchange Binance giving up his post.

So is the current price at $37k still a FOMO when the previous bitcoin ATH was at $60k something? Grin

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November 24, 2023, 01:22:21 PM
 #209

We don't know when it's going to drop. News like CZ resigning from Binance didn't imprint a decline in bitcoin but it's still better priced than $28k last month. I'm not a pro analyst but I'm unhesitating to say it won't become ATH of $60k again in 2024. I'll be happy if I'm wrong because the value of my sats grows but FOMO shouldn't be the reason ppl invest.

Hmm, so it seems like I have no choice but to buy bitcoin at any price for my November DCA. When it was at $30k something I thought the price movement was too quick so there should be a slight correction at least at $28k. Then it's $35k I planned to buy it once it drop to $30k again. We're now about a week before the month ends and the price still hasn't dropped even if there were postponement news and there's the CEO of crypto's largest exchange Binance giving up his post.

So is the current price at $37k still a FOMO when the previous bitcoin ATH was at $60k something? Grin

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November 24, 2023, 03:10:25 PM
 #210

By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

There are so many people predicting $100,000 for the new ATH. I think it would make sense for this to happen. I've seen some analyzes and I've also seen videos of people who I think are trustworthy. So I think buying Bitcoin at $30k - $40k is still doable. The best thing you can do now is to use the DCA method and become a Hodler. At least you will get up to three times the profit in 2024.


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Davian144
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November 24, 2023, 03:39:07 PM
 #211

There are so many people predicting $100,000 for the new ATH. I think it would make sense for this to happen. I've seen some analyzes and I've also seen videos of people who I think are trustworthy. So I think buying Bitcoin at $30k - $40k is still doable. The best thing you can do now is to use the DCA method and become a Hodler. At least you will get up to three times the profit in 2024.
It doesn't have to reach $100K for Bitcoin to create a new ATH next year, because if Bitcoin can reach $70K or more, that will also be included in the new ATH for Bitcoin so everyone probably won't be too far away from waiting for the ATH if that is something that is highly desired from now on. Today Bitcoin has risen again past $38K so it is very possible for Bitcoin to reach $40K to $45K within this year and those who are still holding quite a lot of it, now is their chance to see quite a decent profit.
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November 24, 2023, 07:48:37 PM
 #212

You should not be afraid, anyone who would buy at $35k and then if the price goes down , the only thing you have to do is keep buying , not complain , because in the bitcoin market things can happen like that, and there is nothing written, but If it is a fact that things can happen, and that is what we have to see, not about negative things, a person can be filled with negativity if they want , but if what they need is money, for that what should be done is How to buy bitcoin, the fact that it is less than $70k is a fact that has to be taken into account , but the majority buy the other way Around , when the price goes up they sell, thinking that it will arrive and they will make more profits, it is thinking the Other way around.

R


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November 25, 2023, 02:13:53 PM
 #213

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?


maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.

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November 25, 2023, 11:57:40 PM
 #214

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?


maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.
If the plan is to sell and buy back, then it is good to hold for some time period. 2024 is expected to be big for bitcoin, holding and experiencing the ATH seems to be more joyful than missing out the opportunity. Days back the price have neared $38500 and to cross the $40k barrier is simple. This can happen anytime soon and further the rise could reach $50k before the year end.

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November 25, 2023, 11:59:22 PM
 #215

There are so many people predicting $100,000 for the new ATH. I think it would make sense for this to happen. I've seen some analyzes and I've also seen videos of people who I think are trustworthy. So I think buying Bitcoin at $30k - $40k is still doable. The best thing you can do now is to use the DCA method and become a Hodler. At least you will get up to three times the profit in 2024.
It doesn't have to reach $100K for Bitcoin to create a new ATH next year, because if Bitcoin can reach $70K or more, that will also be included in the new ATH for Bitcoin so everyone probably won't be too far away from waiting for the ATH if that is something that is highly desired from now on. Today Bitcoin has risen again past $38K so it is very possible for Bitcoin to reach $40K to $45K within this year and those who are still holding quite a lot of it, now is their chance to see quite a decent profit.

the possibility of reaching the 40k levels is actually not too far. however, if you have immediate goals on this market, better think of how much you can truly spend without being agitated if the market is slowing down or going down a lil bit.
as no one can tell what will happen in the coming months, what you can do is just spend what you think would be not too hard from your pocket.
if the OP bought some when btc was at 35k, he is already getting his profits right now.

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November 26, 2023, 10:42:26 PM
 #216

the possibility of reaching the 40k levels is actually not too far. however, if you have immediate goals on this market, better think of how much you can truly spend without being agitated if the market is slowing down or going down a lil bit.
as no one can tell what will happen in the coming months, what you can do is just spend what you think would be not too hard from your pocket.
if the OP bought some when btc was at 35k, he is already getting his profits right now.
Even though the 40k level is predicted to be achievable, we cannot predict the market correctly, all aspects can influence the performance of the crypto market including the latest news that is expected in December, but we hope there are no negative factors that influence the crypto market, I suggest not to rush buy at the $35k price level because the possibility of a correction can also occur before the bullish period, I will choose the investment option in the lower area at the 30k-32k level because I want to focus on long-term investment with the target of hunting for lower prices, because sometimes the impact of the crypto market on december is not good because we review the december charts of every year.

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November 27, 2023, 12:13:43 PM
 #217

How's anybody supposed to assess what's reasonable for the next ATH. We're all guessing what bitcoin's expected to reach. Some ppl are speculating it's going to be close to $150k.

My advice's to stay away from FOMO because ppl here aren't professionals giving professional advice. There aren't any guarantees therefore don't follow others when they tell you you're going to make riches soon.
The predictions we are seeing for the next bull market may be correct. If the Bitcoin market reaches its peak ATH in 2025 as predicted by various pundits, I think it will definitely exceed $100,000. However, getting rich soon requires enough patience and holding on to buying bitcoins. That plan will come to you when you invest and hold bitcoins.

R


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November 27, 2023, 12:55:34 PM
 #218

the possibility of reaching the 40k levels is actually not too far. however, if you have immediate goals on this market, better think of how much you can truly spend without being agitated if the market is slowing down or going down a lil bit.
as no one can tell what will happen in the coming months, what you can do is just spend what you think would be not too hard from your pocket.
if the OP bought some when btc was at 35k, he is already getting his profits right now.
Even though the 40k level is predicted to be achievable, we cannot predict the market correctly, all aspects can influence the performance of the crypto market including the latest news that is expected in December, but we hope there are no negative factors that influence the crypto market, I suggest not to rush buy at the $35k price level because the possibility of a correction can also occur before the bullish period, I will choose the investment option in the lower area at the 30k-32k level because I want to focus on long-term investment with the target of hunting for lower prices, because sometimes the impact of the crypto market on december is not good because we review the december charts of every year.
If we equate with the 2019 chart, in the month of December there was a decline, and indeed the average decline occurred at the end of the year, 2 years before ATh bitcoin was formed, but if the $35k area is very strong because the market situation is now different, we see a lot of institutions that continue to look for opportunities to get into bitcoin, so $35k with fomo halving and bitcoin ETFs will be quite difficult to break if the market does not get bad sentiment.

What I think has a chance to make the market correct deeply is the case of binance, if binance is hit hard until it goes bankrupt, maybe it will give bad sentiment to the bitcoin trend, and we can get cheap prices back below $30k.
I think also want to see at the beginning of the month, whether Powell lower interest rates or not, if it is lowered the possibility of $40k is very possible.

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November 28, 2023, 07:58:25 AM
 #219

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?


maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.
If the plan is to sell and buy back, then it is good to hold for some time period. 2024 is expected to be big for bitcoin, holding and experiencing the ATH seems to be more joyful than missing out the opportunity. Days back the price have neared $38500 and to cross the $40k barrier is simple. This can happen anytime soon and further the rise could reach $50k before the year end.


i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

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November 28, 2023, 09:59:06 AM
 #220

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?


maybe someone else will create a new thread and say at the end of next year, is it too expensive to buy bitcoin at 80k$.
but yes we don't know what will happen in the near future, it seems like you are not used to saving for the long term so if that's the case you can sell it and take a profit.
but if you prefer for long term, i think 35k still cheap.
If the plan is to sell and buy back, then it is good to hold for some time period. 2024 is expected to be big for bitcoin, holding and experiencing the ATH seems to be more joyful than missing out the opportunity. Days back the price have neared $38500 and to cross the $40k barrier is simple. This can happen anytime soon and further the rise could reach $50k before the year end.


i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

What I see is that most people predict bitcoin prices will increase and reach highs by the end of the year. I hardly see anyone predicting major corrections by the end of the year and bringing the bitcoin price back below $30k? Personally, I don't know what will happen next. But this thought only appeared in my mind when everyone was excited and enthusiastic about the bull market. Will the market move in the opposite direction? Because the market often moves contrary to the wishes of the crowd and that is how the sharks take money from our pockets. I will not rule out this possibility.

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November 28, 2023, 11:19:42 PM
 #221

I won't disagree because ppl require patience if they're going to get rich. If investors hodl they'll stand more chances to make profits. I'd be questioning the points about ATH because I'm not convinced the predictions are accurate.

If you aren't a financial pro you shouldn't say things like it's going to exceed $100,000 or guarantee there's going to ATH in 2025. I'll say it's turning in to FOMO.

The predictions we are seeing for the next bull market may be correct. If the Bitcoin market reaches its peak ATH in 2025 as predicted by various pundits, I think it will definitely exceed $100,000. However, getting rich soon requires enough patience and holding on to buying bitcoins. That plan will come to you when you invest and hold bitcoins.

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November 28, 2023, 11:42:47 PM
Last edit: November 29, 2023, 02:07:58 AM by STT
 #222

At present 35k is looking like a support level, I dont know I want to trade it right now but in theory you buy into strength and trade it for as long as you can as it ascends.  Otherwise you'd be waiting forever on a pullback that wont often occur in bullish trends.  Complicating factor might be this is near a Fibonacci level also about 37k is us retracing 38% of the immediate 2022 low from the late '21 high.


Looking on 4hr bars, its like a game of ping pong back and forth.   A steady progression upwards however I dont like to presume anything is totally proved but both these levels seem to bear some significance in trading across global markets:

The blue line is my rough take for a division between positive and negative action, we are gaining but with more confidence would be good.

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November 29, 2023, 04:17:29 AM
 #223

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

Right, bitcoin can reach to 40k$ but 50k$ is much higher worth and suddenly such higher worth is not possible. It is possible that I'm cryptocurrency everything can happen because of unstable nature but as I think there will be no more than 45k$ worth of bitcoin this year.

Bitcoin will surely reach to 50k$ as in past it attained the value of 69k$ but not in present year but there is a chance for bitcoin to reach 50k$ next year. The present year is a good year for bitcoin and last months are bullish but what will happen at then end of December not yet known. Bullish period is introduced and according to prediction more success will be attained by bitcoin in 2024.



 

 

 

 

 

 


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November 29, 2023, 08:01:51 PM
 #224

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

Right, bitcoin can reach to 40k$ but 50k$ is much higher worth and suddenly such higher worth is not possible. It is possible that I'm cryptocurrency everything can happen because of unstable nature but as I think there will be no more than 45k$ worth of bitcoin this year.

Bitcoin will surely reach to 50k$ as in past it attained the value of 69k$ but not in present year but there is a chance for bitcoin to reach 50k$ next year. The present year is a good year for bitcoin and last months are bullish but what will happen at then end of December not yet known. Bullish period is introduced and according to prediction more success will be attained by bitcoin in 2024.
I guess anything can happen to the price until next year when there is a halving. I think early 2024 could be bad for the market. Not sure when the Etf decision will be. But the halving will be in spring. So there could be a drop in the first quarter.

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November 30, 2023, 12:57:49 PM
 #225

i think 50k is too high for bitcoin this year.
I think if bitcoin can reach 40k$, then that will happen but it doesn't rule out the possibility that after reaching 40k bitcoin will reverse direction and fall very far.
My predictions are not bullish for the end of this year.

Right, bitcoin can reach to 40k$ but 50k$ is much higher worth and suddenly such higher worth is not possible. It is possible that I'm cryptocurrency everything can happen because of unstable nature but as I think there will be no more than 45k$ worth of bitcoin this year.

Bitcoin will surely reach to 50k$ as in past it attained the value of 69k$ but not in present year but there is a chance for bitcoin to reach 50k$ next year. The present year is a good year for bitcoin and last months are bullish but what will happen at then end of December not yet known. Bullish period is introduced and according to prediction more success will be attained by bitcoin in 2024.


I also doubt that bitfcoin will close at 50k this year, even though these 2 months bitcoin has always been bullish but december cannot be expected to happen the same.
For those who bought at the beginning of October and made a profit, you can sell now and then buy again if the price goes down in December.
or you can hold until the halving starts next year.

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December 01, 2023, 09:23:47 AM
 #226

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
Currently the price of bitcoin is around $38k. I think that even though the price of bitcoin is a little more expensive than the price you bought it at that time, it seems that it is still worth buying bitcoin at this time because the market performance is good and the potential for price increases continues. Therefore, if you are sure to buy now and can hold it until at least when the halving occurs then this is the right time for you to buy so that when the price reaches at least above $50k you can make a big profit.

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December 01, 2023, 10:44:41 AM
 #227

What ppl shouldn't do is buying because of FOMO. It's spread by ppl who've already made their own bitcoin buys at lower price than you're going to pay. It's going to be helpful for them if ppl buy because of FOMO so don't.

I don't know ppl in real life who've got $38k to buy bitcoin. Investors did buy bitcoin at $60k they haven't seen a profit so they shouldn't spend their savings on crypto.

Currently the price of bitcoin is around $38k. I think that even though the price of bitcoin is a little more expensive than the price you bought it at that time, it seems that it is still worth buying bitcoin at this time because the market performance is good and the potential for price increases continues. Therefore, if you are sure to buy now and can hold it until at least when the halving occurs then this is the right time for you to buy so that when the price reaches at least above $50k you can make a big profit.

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December 01, 2023, 11:05:20 AM
 #228

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You just cut your chance , now you have no option to Buy bitcoin even in 36k you should have take the chance back then as what people try to advise you but you kept silence then no way now.
imagine you bought from 26.27/30/31 but denied to buy at 35k , now we are heading to 40k as it is strongly climbing now https://coinmarketcap.com/currencies/bitcoin/ surely it is getting closer now  and yes it will beat it sooner .









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December 01, 2023, 11:19:01 AM
 #229

Yesterday I saw a tweet about Michael Saylor buying 16k bitcoins. Usually this guy buys bitcoin when it's cheap in his opinion. So this could be a good sign for those who bought bitcoin at 35k. Maybe at the end of the year we will see the bulls again.

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December 01, 2023, 12:20:09 PM
 #230

I don't know who he is but if his buy was at $16k he's doing well because he's making profit on $38k BTC price. We don't know if bulls will be riding this year but think about ppl who made buys at $60k. Their bitcoin experience hasn't been great so they're hoping for bullish season.

How much did he invest in Bitcoin at $16k?

Yesterday I saw a tweet about Michael Saylor buying 16k bitcoins. Usually this guy buys bitcoin when it's cheap in his opinion. So this could be a good sign for those who bought bitcoin at 35k. Maybe at the end of the year we will see the bulls again.

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December 01, 2023, 01:40:01 PM
 #231

Yesterday I saw a tweet about Michael Saylor buying 16k bitcoins. Usually this guy buys bitcoin when it's cheap in his opinion. So this could be a good sign for those who bought bitcoin at 35k. Maybe at the end of the year we will see the bulls again.

You might be right as the price of bitcoin is almost $39k, perhaps the bulls trying to salvage the end of the month price and pushing it to $40k. But it didn't happen but still good to see the current price at 38,390$ and we might hit $39k in the next couple of hours.

And with that, if we buy at $35k, still a good price in my opinion. And this is just the beginning, the real test for us is next year when we have a block halving and then the bull run. Just look though last year, $11k-$12k at November, but fast moving 2023, price is about $40k. So that's how the price moves in a year so maybe around this time next year, we will have a new all time high and breaking that $69k from 2021 bull run.
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December 01, 2023, 05:59:50 PM
 #232

I don't know who he is but if his buy was at $16k he's doing well because he's making profit on $38k BTC price. We don't know if bulls will be riding this year but think about ppl who made buys at $60k. Their bitcoin experience hasn't been great so they're hoping for bullish season.

How much did he invest in Bitcoin at $16k?

Yesterday I saw a tweet about Michael Saylor buying 16k bitcoins. Usually this guy buys bitcoin when it's cheap in his opinion. So this could be a good sign for those who bought bitcoin at 35k. Maybe at the end of the year we will see the bulls again.

Their Bitcoin experience might not have been as great if you look at it from price performance only, but it taught them some things about cryptocurrency, market sentiment, all the regulatory complexity coming with Bitcoin, crashes of centralized exchanges and many other important things that can create FUD when you are brand new in the market.

For those who thought they'd quickly double up money they needed two month later at $60k, it went wrong. But for those who used money that was only dedicated to a long-term investment horizon, there is already a learning curve as Bitcoin went quite low from $60k and is now on the right path for recovery. With all the news going on about the financial industry getting involved now, I think most longer term investors get a feeling of where this could be going very soon.

When OP asks whether to buy at 35k when he or she bought at 25-30k, I wonder why someone would fear to buy at 35k and what the initial investment objective was.

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December 01, 2023, 07:34:57 PM
 #233

Yesterday I saw a tweet about Michael Saylor buying 16k bitcoins. Usually this guy buys bitcoin when it's cheap in his opinion. So this could be a good sign for those who bought bitcoin at 35k. Maybe at the end of the year we will see the bulls again.
Today Bitcoin is still seen increasing to almost touch $39K which means everyone doesn't need to wait until the end of the year if they want to see an increase in the price of Bitcoin. Because market conditions have become more positive and perhaps big people with quite a lot of capital have also entered the market to continue buying Bitcoin, so the price increase can still be seen quite clearly in Bitcoin at the beginning of this month. So that makes me even more convinced that the price of $40K will probably be surpassed this year by Bitcoin.

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December 01, 2023, 08:10:31 PM
 #234

Yesterday I saw a tweet about Michael Saylor buying 16k bitcoins. Usually this guy buys bitcoin when it's cheap in his opinion. So this could be a good sign for those who bought bitcoin at 35k. Maybe at the end of the year we will see the bulls again.
Today Bitcoin is still seen increasing to almost touch $39K which means everyone doesn't need to wait until the end of the year if they want to see an increase in the price of Bitcoin. Because market conditions have become more positive and perhaps big people with quite a lot of capital have also entered the market to continue buying Bitcoin, so the price increase can still be seen quite clearly in Bitcoin at the beginning of this month. So that makes me even more convinced that the price of $40K will probably be surpassed this year by Bitcoin.
I think late this year and early next year the price will be over 40k. Now there are new news about cryptocurrency, bitcoin, etf and so on all the time. The stock market seems to be on the rise right now too. Next year there will be a US presidential election and there is no point in having a market crash.

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December 01, 2023, 11:51:29 PM
 #235

The $60k buyers who've lost the value of their investments have learned valuable lessons about FOMO. They've followed the curve at the wrong time so instead of double up money they've expected they've lost. Investors shouldn't allow FOMO to replace straight thinking before investing.

For those who thought they'd quickly double up money they needed two month later at $60k, it went wrong. But for those who used money that was only dedicated to a long-term investment horizon, there is already a learning curve as Bitcoin went quite low from $60k and is now on the right path for recovery. With all the news going on about the financial industry getting involved now, I think most longer term investors get a feeling of where this could be going very soon.

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December 01, 2023, 11:56:31 PM
 #236

The $60k buyers who've lost the value of their investments have learned valuable lessons about FOMO. They've followed the curve at the wrong time so instead of double up money they've dreamed of they've lost. Investors shouldn't allow FOMO to replace straight thinking before investing.

For those who thought they'd quickly double up money they needed two month later at $60k, it went wrong. But for those who used money that was only dedicated to a long-term investment horizon, there is already a learning curve as Bitcoin went quite low from $60k and is now on the right path for recovery. With all the news going on about the financial industry getting involved now, I think most longer term investors get a feeling of where this could be going very soon.

Ok but the truth is that this is way more complicated and unpredictable than to just say "losers suffered from FOMO" and "low-to-no winners suffered from FUD". Nobody really catches highs and lows perfectly. But was the decision to buy at 60k wrong if someone truly decided that this is a long-term thing and was fine with the price going down perhaps for a while? The market was heated up, but I couldn't have predicted whether it is definitely about to stop. I didn't think 100k would be impossible.

In plain numbers you are right, someone who bought at 60k is now at a loss - unless that person went for DCA all the way down to 16k afterwards and then up to 38.5k these days. That's why the FOMO guys who lost are really those who went all in on 60k without any backup plan whatsoever for what should usually be deemed a long-term investment. Bitcoin is too susceptible to many exogenous effects to rely on a short-term flip (as very likely many were hoping for).

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December 02, 2023, 03:27:58 AM
 #237

Yes it's way more complicated than blaming it on FOMO & FUD so you're right about unpredictable reasons why bitcoin's price changes. You're right nobody catches highs or lows perfectly but some ppl who did get it wrong won't invest in Bitcoin again. If they'd invested a different time they could've become believers but they'll invest somewhere like stocks. There's so many topics here about halving it's pushing FOMO to new heights so investors have to be careful.

If ppl can't hodl for long they'll probably try short sales but the flips aren't simple to estimate. It's better than being walked in to falls because of FOMO. If they had a backup they could've cut losses. We don't know how many $60k buyers were at disaster point or how long it's going to take for them to be stable. It's nice when you're profiting but it's opposite when you're making loss so ppl shouldn't invest unless they're satisfied.

Ok but the truth is that this is way more complicated and unpredictable than to just say "losers suffered from FOMO" and "low-to-no winners suffered from FUD". Nobody really catches highs and lows perfectly. But was the decision to buy at 60k wrong if someone truly decided that this is a long-term thing and was fine with the price going down perhaps for a while? The market was heated up, but I couldn't have predicted whether it is definitely about to stop. I didn't think 100k would be impossible.

In plain numbers you are right, someone who bought at 60k is now at a loss - unless that person went for DCA all the way down to 16k afterwards and then up to 38.5k these days. That's why the FOMO guys who lost are really those who went all in on 60k without any backup plan whatsoever for what should usually be deemed a long-term investment. Bitcoin is too susceptible to many exogenous effects to rely on a short-term flip (as very likely many were hoping for).

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December 02, 2023, 03:31:15 PM
 #238

Yes it's way more complicated than blaming it on FOMO & FUD so you're right about unpredictable reasons why bitcoin's price changes. You're right nobody catches highs or lows perfectly but some ppl who did get it wrong won't invest in Bitcoin again. If they'd invested a different time they could've become believers but they'll invest somewhere like stocks. There's so many topics here about halving it's pushing FOMO to new heights so investors have to be careful.

If ppl can't hodl for long they'll probably try short sales but the flips aren't simple to estimate. It's better than being walked in to falls because of FOMO. If they had a backup they could've cut losses. We don't know how many $60k buyers were at disaster point or how long it's going to take for them to be stable. It's nice when you're profiting but it's opposite when you're making loss so ppl shouldn't invest unless they're satisfied.

Ok but the truth is that this is way more complicated and unpredictable than to just say "losers suffered from FOMO" and "low-to-no winners suffered from FUD". Nobody really catches highs and lows perfectly. But was the decision to buy at 60k wrong if someone truly decided that this is a long-term thing and was fine with the price going down perhaps for a while? The market was heated up, but I couldn't have predicted whether it is definitely about to stop. I didn't think 100k would be impossible.

In plain numbers you are right, someone who bought at 60k is now at a loss - unless that person went for DCA all the way down to 16k afterwards and then up to 38.5k these days. That's why the FOMO guys who lost are really those who went all in on 60k without any backup plan whatsoever for what should usually be deemed a long-term investment. Bitcoin is too susceptible to many exogenous effects to rely on a short-term flip (as very likely many were hoping for).

I fully concur with you and it gets more complicated than that. I shared a post a while ago where they did a breakdown about the wallets that bought all the way down from the last peak to the last low and how it is turning into a net positive, not on the individual level, but collectively. But I still think that the point you mentioned about not knowing exactly about the number of 60k buyers and their sentiment once we get back to that range. Will they turn into selling pressure because they are happy to have made back what they "lost" on paper? Or will they remain or become true believers because they never intended to sell anyway? There are some interesting infographics about that, but I would have to go through my post history and search for the links. I will do that if I find some time and share it here.

Short selling Bitcoin can be fun, but only when you are ok with losing money and consider it gambling. I have my own experiments and burned my fingers a couple of times, but with relatively low amounts just to get a feeling. Leverage is really gambling unless you have inside info or are big enough to move the market yourself. Neither of both applies to me Tongue

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December 02, 2023, 05:52:10 PM
 #239

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
You are probably going to say the same thing when Bitcoin reach 40k, it makes no sense to stop buying because the price is going up, what if it never go back down again? No one knows for sure and that is why we should all use DCA to accumulate Bitcoin.

We are in a bear market, you should be buying every week or months whichever is comfortable for you, I only decide to stop DCAing into Bitcoin after the BTC halving is over, we still have like 143 days to go if I am right.

What's your plan? I think it's best to plan for long term, you don't have to worry about the price action today, if you are always using $100 to buy every week just keep doing it, there will be ups and downs in Bitcoin price action, do not stop to DCA.
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December 06, 2023, 09:05:30 AM
 #240

I think late this year and early next year the price will be over 40k. Now there are new news about cryptocurrency, bitcoin, etf and so on all the time. The stock market seems to be on the rise right now too. Next year there will be a US presidential election and there is no point in having a market crash.
Last night the price of Bitcoin almost touched $45K and now the price is still quite close to $44K in the market. I'm starting to think that conditions like this are conditions that are really desired by many people and the price improvements that continue to occur through this increase are the effect of the encouragement of many people who still want to own Bitcoin before we all celebrate the new year. Plus, I don't think the market will crash again any time soon.

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December 08, 2023, 11:38:35 AM
 #241

I think late this year and early next year the price will be over 40k. Now there are new news about cryptocurrency, bitcoin, etf and so on all the time. The stock market seems to be on the rise right now too. Next year there will be a US presidential election and there is no point in having a market crash.
Last night the price of Bitcoin almost touched $45K and now the price is still quite close to $44K in the market. I'm starting to think that conditions like this are conditions that are really desired by many people and the price improvements that continue to occur through this increase are the effect of the encouragement of many people who still want to own Bitcoin before we all celebrate the new year. Plus, I don't think the market will crash again any time soon.

Right, so it's not a question on when we are going to buy, it's a question on what will be the bull run price, could it hit $150k-$180k as it's all time high? But if we are talking about the current price movement, yeah, we can buy whatever price we want and then still make a lot of profits in the future.

So still a long game for us, we just have to bear that this year is about to end and we are very happy to see that at least the bear market is over. From last years $15,500 to maybe $45k-$50k this closing 2023. So just hold and again, accumulate if we can before the block halving.
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December 08, 2023, 12:46:16 PM
 #242

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.

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December 09, 2023, 03:08:15 AM
 #243

We don't know when's the best time to buy bitcoin. Many ppl can't afford making mistakes because they'll fear losing what they've invested. If ppl knew it's going to be on $44k they would've bought last month. We don't know what's making bitcoin go higher but it can go the other way so we shouldn't think we're in bull season.

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.

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December 09, 2023, 06:56:00 AM
 #244

We don't know when's the best time to buy bitcoin. Many ppl can't afford making mistakes because they'll fear losing what they've invested. If ppl knew it's going to be on $44k they would've bought last month. We don't know what's making bitcoin go higher but it can go the other way so we shouldn't think we're in bull season.

Whenever you have the money, that is the right time to buy Bitcoin. The BTC price will reach a new ATH in a couple of years, and everyone involved in BTC knows this, but the investors who want to get rich quickly with BTC are the ones fearful. When the price dipped below $20k a year ago, everyone knew that the price would pump after some time, but many were not willing to take the risk. Bitcoin is for long-term investment. If you are looking for a short-term investment, I suggest you look for other potential coins. Overall, November and December are good months for BTC.

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December 09, 2023, 02:53:31 PM
 #245

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.


yes, I think so too, many people always doubt when it comes to buying, even though they are actually sure,
but for bitcoin such doubts still exist because people who buy bitcoin I think have investments in medium and large amounts.

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AnonBitCoiner
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December 09, 2023, 03:41:24 PM
 #246

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.

All those who have accumulated bitcoin at the price of 31k$ will definitely be in profit now because they did not think about their loss but work according to the market situation and predictions. Market someone proves to be good enough and sometimes it goes much down that filtration of different thoughts occurs like those who trust in bitcoin will not change their decision but on the other hand who just want profit but don't care about asset will be in fear of lossing money and will make inaccurate decision to sell their bitcoin.

Now the price is almost 44k$ so it will get bigger therefore don't change your decision according to the news as news are not always right. Believe in yourself and if you have decided a coin with stronger base then move ahead with your choice instead of selling your asset after a weak and fake news and buy whatever the worth is as price will proceed as the Bull run gets nearer.



 

 

 

 

 

 


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December 09, 2023, 06:15:47 PM
 #247

We don't know when's the best time to buy bitcoin. Many ppl can't afford making mistakes because they'll fear losing what they've invested. If ppl knew it's going to be on $44k they would've bought last month. We don't know what's making bitcoin go higher but it can go the other way so we shouldn't think we're in bull season.
When buying the right bitcoin in my version is when the bearish is happening the price at that time is at a discount and falling down if someone is mentally strong and sure of what is invested in bitcoin in definitely buy at the time of bearish, but sometimes there are still many people who are nervous when they have bought at a price down bitcoin even goes down again.

The price of bitcoin is rising? It could be because there is positive news, such as the approval of the ETF, ahead of the halving is getting closer, after the halving it will be a high rise in the next few months this previous cycle scenario will probably happen in the upcoming cycle.

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Rasa nanas
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December 10, 2023, 10:17:39 AM
 #248

I think the price of $35k is still cheap and even the current price of $43k is still cheap in my opinion. buying now is not too late because the recent price increase is still just the beginning and the current price is still quite far from the previous ATH which was around $65k. In fact I am also sure that when the bullish arrives the price of bitcoin will reach 2x or 3x the previous ATH, which means the price of bitcoin will reach a price between $130k-$195k (but I think it will at least reach $150k).

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December 10, 2023, 10:11:40 PM
 #249

It isn't right advice to buy whenever you have money because there's circumstances to consider before ppl should think about investing. Some ppl won't ever have their own money so they'll ask a bank for loans or their friend. If they're in a situation like it they shouldn't invest unless it's their own money.

If they're capable to use savings they've got to be sensible or else they'll have to sell at loss if the market's going opposite way.

Whenever you have the money, that is the right time to buy Bitcoin. The BTC price will reach a new ATH in a couple of years, and everyone involved in BTC knows this, but the investors who want to get rich quickly with BTC are the ones fearful. When the price dipped below $20k a year ago, everyone knew that the price would pump after some time, but many were not willing to take the risk. Bitcoin is for long-term investment. If you are looking for a short-term investment, I suggest you look for other potential coins. Overall, November and December are good months for BTC.

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December 13, 2023, 03:30:41 PM
 #250

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.
Those who bought Bitcoin at a price of $20K will be much luckier and are still holding it now because the profit is more than 100% and that is certainly quite enjoyable because it only took a year to get that big profit. So the ones who regret it now are those who were afraid to buy Bitcoin when the price was still quite cheap, like when it was $20K or $25K.

yes, I think so too, many people always doubt when it comes to buying, even though they are actually sure,
but for bitcoin such doubts still exist because people who buy bitcoin I think have investments in medium and large amounts.
There is no need to look at those who have doubts about buying Bitcoin, because in general we only need to look at anyone who is still very confident in buying Bitcoin and can still find maximum profits through Bitcoin. Because those who hesitate to buy Bitcoin will definitely regret it when they see the price increase in Bitcoin.

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December 13, 2023, 04:38:56 PM
 #251

Seems OP have earned much profit after investing when bitcoin price around $31k to $35, depend kinds of OP are weak hand or diamond hand keep holding his bitcoin assets and earn more than 30% profitable since invested bitcoin price under $35k. To raise maximum profitable in bitcoin not only must be long term or keep loyal for holding but also need braveness for buying back bitcoin without thing are later for investing right now or not?

There is no need to look at those who have doubts about buying Bitcoin, because in general we only need to look at anyone who is still very confident in buying Bitcoin and can still find maximum profits through Bitcoin. Because those who hesitate to buy Bitcoin will definitely regret it when they see the price increase in Bitcoin.
Still have some trader or investor doubtness about buying bitcoin, always think bitcoin have been on higher price and waiting for few days later and bitcoin up drastically more than current price for investing. Usually with investor more doubt when have to invest in bitcoin difficult to earn much profitable and always disappointed later when looking current price of bitcoin up.

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December 13, 2023, 05:10:34 PM
 #252

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.
Those who bought Bitcoin at a price of $20K will be much luckier and are still holding it now because the profit is more than 100% and that is certainly quite enjoyable because it only took a year to get that big profit. So the ones who regret it now are those who were afraid to buy Bitcoin when the price was still quite cheap, like when it was $20K or $25K.

yes, I think so too, many people always doubt when it comes to buying, even though they are actually sure,
but for bitcoin such doubts still exist because people who buy bitcoin I think have investments in medium and large amounts.
There is no need to look at those who have doubts about buying Bitcoin, because in general we only need to look at anyone who is still very confident in buying Bitcoin and can still find maximum profits through Bitcoin. Because those who hesitate to buy Bitcoin will definitely regret it when they see the price increase in Bitcoin.
The problem is that those who research the market constantly can make a profit, even if they have to wait a year or more to do so. But when the hype starts, newbies start coming into the market and buying coins at the top. Agree that if you bought bitcoin at 50k two years ago, you would not reason about any profit until now.

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December 13, 2023, 07:43:09 PM
Merited by Vinaa77 (1)
 #253

Seems OP have earned much profit after investing when bitcoin price around $31k to $35, depend kinds of OP are weak hand or diamond hand keep holding his bitcoin assets and earn more than 30% profitable since invested bitcoin price under $35k. To raise maximum profitable in bitcoin not only must be long term or keep loyal for holding but also need braveness for buying back bitcoin without thing are later for investing right now or not?
Courage must be present in everyone who wants to make a profit and that does not only apply to investors, but also applies to traders and Bitcoin holders at any time. Because as you said, getting profits does not always have to be in the long term, but everyone must also know that greater profits will not occur in the short term unless it is only a profit of a few percent. So I also think that courage is an important thing apart from the capital and time that each person or the investor himself has.

Quote
Still have some trader or investor doubtness about buying bitcoin, always think bitcoin have been on higher price and waiting for few days later and bitcoin up drastically more than current price for investing. Usually with investor more doubt when have to invest in bitcoin difficult to earn much profitable and always disappointed later when looking current price of bitcoin up.
There are still many people who are hesitant to buy and invest in Bitcoin, even though they have also seen the evidence for themselves through several large companies and other big people who have bought and invested in Bitcoin. Because usually those who are still doubtful are people who don't have the courage to buy Bitcoin so they still think that after buying, Bitcoin will go down again. In fact, what is happening now is the opposite and I am sure those who doubt it will definitely feel regret.

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Dunamisx
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December 13, 2023, 08:20:57 PM
 #254

I think if you have bought bitcoin when the price was $31k and are still holding it, then now you will get a big profit if you sell now especially since the bitcoin price is currently in the range of $43k-$44k. You are very lucky to have bought bitcoin when the price was $31k. Never be afraid to buy if you are sure because you can be sure that profits will accompany those of you who patiently wait until the time comes to take advantage.
Those who bought Bitcoin at a price of $20K will be much luckier and are still holding it now because the profit is more than 100% and that is certainly quite enjoyable because it only took a year to get that big profit. So the ones who regret it now are those who were afraid to buy Bitcoin when the price was still quite cheap, like when it was $20K or $25K.

yes, I think so too, many people always doubt when it comes to buying, even though they are actually sure,
but for bitcoin such doubts still exist because people who buy bitcoin I think have investments in medium and large amounts.
There is no need to look at those who have doubts about buying Bitcoin, because in general we only need to look at anyone who is still very confident in buying Bitcoin and can still find maximum profits through Bitcoin. Because those who hesitate to buy Bitcoin will definitely regret it when they see the price increase in Bitcoin.
The problem is that those who research the market constantly can make a profit, even if they have to wait a year or more to do so. But when the hype starts, newbies start coming into the market and buying coins at the top. Agree that if you bought bitcoin at 50k two years ago, you would not reason about any profit until now.

Sometimes we can be right about our speculations and we make profit in them while some other time we may not because the market itself remains unpredictable, someone may just join now and it falls under the target on the bull market and he begin to enjoy the market because he came in the right time when the market is rising, somethings happened by luck while some by skills, we need to sought for the combination for our own benefits or sake.



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December 14, 2023, 07:48:34 AM
 #255

Well if a new investor did listen to this from 2 months ago he would be very happy. The price of Bitcoin is almost 43k so that is up more then 20%.

We still have some big things that is going to come for Bitcoin. ETFs and the halving in 2024 will make the price go up even more. And the FED did choose not to riase interest rates this week I think we are going to see some big profits even before the year is over.

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December 14, 2023, 09:23:45 AM
 #256

It isn't right advice to buy whenever you have money because there's circumstances to consider before ppl should think about investing. Some ppl won't ever have their own money so they'll ask a bank for loans or their friend. If they're in a situation like it they shouldn't invest unless it's their own money.

If they're capable to use savings they've got to be sensible or else they'll have to sell at loss if the market's going opposite way.

Whenever you have the money, that is the right time to buy Bitcoin. The BTC price will reach a new ATH in a couple of years, and everyone involved in BTC knows this, but the investors who want to get rich quickly with BTC are the ones fearful. When the price dipped below $20k a year ago, everyone knew that the price would pump after some time, but many were not willing to take the risk. Bitcoin is for long-term investment. If you are looking for a short-term investment, I suggest you look for other potential coins. Overall, November and December are good months for BTC.

I think what Jasonjm meant was about savings, idle money, he never mentioned borrowing to invest and for me, I don't think borrowed money is our money. I also agree with the view that the right time to invest in bitcoin is when we have money because even if bitcoin drops in price, if we don't have money then it is not the right time to buy bitcoin.
Regarding borrowing money to invest, sometimes it's not as bad as you think. It depends on the amount you want to borrow and your ability to repay.

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December 14, 2023, 02:12:44 PM
 #257

It isn't right advice to buy whenever you have money because there's circumstances to consider before ppl should think about investing. Some ppl won't ever have their own money so they'll ask a bank for loans or their friend. If they're in a situation like it they shouldn't invest unless it's their own money.

If they're capable to use savings they've got to be sensible or else they'll have to sell at loss if the market's going opposite way.

Whenever you have the money, that is the right time to buy Bitcoin. The BTC price will reach a new ATH in a couple of years, and everyone involved in BTC knows this, but the investors who want to get rich quickly with BTC are the ones fearful. When the price dipped below $20k a year ago, everyone knew that the price would pump after some time, but many were not willing to take the risk. Bitcoin is for long-term investment. If you are looking for a short-term investment, I suggest you look for other potential coins. Overall, November and December are good months for BTC.

I think what Jasonjm meant was about savings, idle money, he never mentioned borrowing to invest and for me, I don't think borrowed money is our money. I also agree with the view that the right time to invest in bitcoin is when we have money because even if bitcoin drops in price, if we don't have money then it is not the right time to buy bitcoin.
Regarding borrowing money to invest, sometimes it's not as bad as you think. It depends on the amount you want to borrow and your ability to repay.
Yes, the right time to invest in Bitcoin is when we have money and it doesn't matter what the price of Bitcoin is and also how much money we can afford to buy it.
Because the price of Bitcoin is not easy to predict in the short term, but in the long term and you have strong patience, the price of Bitcoin will definitely rise from the price you bought before and that's for sure.
It's true, borrowing money to invest is not always bad, and although it is risky, as long as you have good knowledge and understanding of the investment you are making. And the most important thing is that you have the ability to pay it back, and also borrow according to your ability, in my opinion that is not a problem.
And if it's for Bitcoin and you're using it for the long term, it's a great choice. Because in the long term, Bitcoin will definitely provide good returns.
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December 14, 2023, 02:23:54 PM
 #258

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

People might have their opinion and people buying above 35K are already in a good profit. But I still think 35K is an expensive price to buy at as there are more risk than profit potential. The price of bitcoin is determined by the market but when the congestion is so large that you lose a large portion of your transfer in fees, the price aren't going to rise to the utopian price of 100K. Buy below 25K and sell above 50K. Yes, the price would again fall below 25K.
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December 14, 2023, 11:15:26 PM
 #259

Yes, the right time to invest in Bitcoin is when we have money and it doesn't matter what the price of Bitcoin is and also how much money we can afford to buy it.
Actually, we should also be quite concerned with what price we are going to buy,
although Bitcoin is no doubt, buying at the right price is a good way to get more profit.

As in the case of buying when the last ATH price was at $60k, of course it is the highest price,
and you have to wait even longer to reach that price, or until it can reach a new ATH.

Then you need a good analysis to be able to determine at what price you will buy,
or do DCA to buy gradually, so that you will be in all price ranges.

And if it's for Bitcoin and you're using it for the long term, it's a great choice. Because in the long term, Bitcoin will definitely provide good returns.
Undoubtedly, Bitcoin will provide good returns in the long run, but you also need to be prepared to hold it for an indefinite period of time.
Use money that is not used for anything else, long term requires that you keep holding it until your main price target is reached.

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December 15, 2023, 05:27:53 AM
 #260

The problem is that those who research the market constantly can make a profit, even if they have to wait a year or more to do so. But when the hype starts, newbies start coming into the market and buying coins at the top. Agree that if you bought bitcoin at 50k two years ago, you would not reason about any profit until now.
Beginners who enter the market when they see the hype and hope for big profits are people who just want to get rich quickly, but what they get is the opposite. Because for those who bought at a price of $50K before the price crash occurred more quickly, of course for now they still have to store their Bitcoin very safely if they are still patiently waiting for profits to come for them. And I think it's still worth waiting for because remembering the moment is also more appropriate, namely the halving moment next year.

Sometimes we can be right about our speculations and we make profit in them while some other time we may not because the market itself remains unpredictable, someone may just join now and it falls under the target on the bull market and he begin to enjoy the market because he came in the right time when the market is rising, somethings happened by luck while some by skills, we need to sought for the combination for our own benefits or sake.
It is true that not everyone can be lucky all the time and can correctly make predictions about the market, because market conditions are always changing and there are always influences that can make the market change at any time. So there is no need to be surprised if sometimes someone can make a profit with their predictions by chance, because there are still many other people who lose with their own speculations which are not yet in time to make a profit at a certain moment.

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December 15, 2023, 05:31:40 AM
 #261

It isn't right advice to buy whenever you have money because there's circumstances to consider before ppl should think about investing. Some ppl won't ever have their own money so they'll ask a bank for loans or their friend. If they're in a situation like it they shouldn't invest unless it's their own money.

If they're capable to use savings they've got to be sensible or else they'll have to sell at loss if the market's going opposite way.

Whenever you have the money, that is the right time to buy Bitcoin. The BTC price will reach a new ATH in a couple of years, and everyone involved in BTC knows this, but the investors who want to get rich quickly with BTC are the ones fearful. When the price dipped below $20k a year ago, everyone knew that the price would pump after some time, but many were not willing to take the risk. Bitcoin is for long-term investment. If you are looking for a short-term investment, I suggest you look for other potential coins. Overall, November and December are good months for BTC.

I think what Jasonjm meant was about savings, idle money, he never mentioned borrowing to invest and for me, I don't think borrowed money is our money. I also agree with the view that the right time to invest in bitcoin is when we have money because even if bitcoin drops in price, if we don't have money then it is not the right time to buy bitcoin.
Regarding borrowing money to invest, sometimes it's not as bad as you think. It depends on the amount you want to borrow and your ability to repay.
and with this will follow that for us to succeed in our investment here in Bitcoin is that we must
always have stable coin ready anytime to use buying bitcoin , I mean extra funds that will standby in Stable coins
so when season like this happens we have reserve funds buying more and more because it is desperation for someone
who wanted to invest but has no available funds to buy and when he managed finally having funds the price of
bitcoin already skyrocketed and it is too late to purchase in dip.

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December 15, 2023, 09:26:19 AM
 #262

It isn't right advice to buy whenever you have money because there's circumstances to consider before ppl should think about investing. Some ppl won't ever have their own money so they'll ask a bank for loans or their friend. If they're in a situation like it they shouldn't invest unless it's their own money.

If they're capable to use savings they've got to be sensible or else they'll have to sell at loss if the market's going opposite way.

Whenever you have the money, that is the right time to buy Bitcoin. The BTC price will reach a new ATH in a couple of years, and everyone involved in BTC knows this, but the investors who want to get rich quickly with BTC are the ones fearful. When the price dipped below $20k a year ago, everyone knew that the price would pump after some time, but many were not willing to take the risk. Bitcoin is for long-term investment. If you are looking for a short-term investment, I suggest you look for other potential coins. Overall, November and December are good months for BTC.

I think what Jasonjm meant was about savings, idle money, he never mentioned borrowing to invest and for me, I don't think borrowed money is our money. I also agree with the view that the right time to invest in bitcoin is when we have money because even if bitcoin drops in price, if we don't have money then it is not the right time to buy bitcoin.
Regarding borrowing money to invest, sometimes it's not as bad as you think. It depends on the amount you want to borrow and your ability to repay.
Yes, the right time to invest in Bitcoin is when we have money and it doesn't matter what the price of Bitcoin is and also how much money we can afford to buy it.
Because the price of Bitcoin is not easy to predict in the short term, but in the long term and you have strong patience, the price of Bitcoin will definitely rise from the price you bought before and that's for sure.
It's true, borrowing money to invest is not always bad, and although it is risky, as long as you have good knowledge and understanding of the investment you are making. And the most important thing is that you have the ability to pay it back, and also borrow according to your ability, in my opinion that is not a problem.
And if it's for Bitcoin and you're using it for the long term, it's a great choice. Because in the long term, Bitcoin will definitely provide good returns.

I see many people are against borrowing money to invest, and like I said: it's not recommended but it's not that bad. For example, if we have a stable job and income but for some reason cannot collect money to invest, borrowing to invest is something we can completely consider. Furthermore, if we can afford to repay debt on time without depending on investment, there is no reason why we cannot borrow capital to invest. Bitcoin is a potential investment opportunity, sometimes we also need to risk trade-offs to seize the opportunity, don't be too rigid to miss opportunity.

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wmaurik
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December 15, 2023, 10:51:02 AM
 #263

and with this will follow that for us to succeed in our investment here in Bitcoin is that we must
always have stable coin ready anytime to use buying bitcoin , I mean extra funds that will standby in Stable coins
so when season like this happens we have reserve funds buying more and more because it is desperation for someone
who wanted to invest but has no available funds to buy and when he managed finally having funds the price of
bitcoin already skyrocketed and it is too late to purchase in dip.
Reserve funds do not have to be prepared in mate stable coins, but can also be prepared in the fiat currency of our respective countries if the funds are intended to buy Bitcoin in conditions like now. In fact, investment funds are funds that have been highly specialized by each investor because they will definitely not use other funds for investment and the reserve funds referred to are funds that are saved for life, not for investment because investment funds have already been prepared.

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AnonBitCoiner
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December 16, 2023, 01:58:05 AM
 #264

Sometimes we can be right about our speculations and we make profit in them while some other time we may not because the market itself remains unpredictable, someone may just join now and it falls under the target on the bull market and he begin to enjoy the market because he came in the right time when the market is rising, somethings happened by luck while some by skills, we need to sought for the combination for our own benefits or sake.

The accuracy of our decision is only depended on market condition because if we choose a very beneficial coin but market condition remains worse for longer then we cannot do anything to reap the reward but if we choose Low price coin but suddenly the market goes up then even untrustworthy coin will define our decision as a better decision among all.

I think most of the time our knowledge, experience and risk managing tools play a vital role in our financial gain instead of our luck because if you say that your luck is shining all the time and choose random coin which never attain higher value previously then it is totally a sort of gambling not a trading. We should learn, expand experience and choose valuable coin then we can say that all we have done was right but our fate did not help us in getting profit.



 

 

 

 

 

 


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wmaurik
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December 21, 2023, 08:54:21 AM
 #265

The accuracy of our decision is only depended on market condition because if we choose a very beneficial coin but market condition remains worse for longer then we cannot do anything to reap the reward but if we choose Low price coin but suddenly the market goes up then even untrustworthy coin will define our decision as a better decision among all.
In essence, in every situation, we have to choose better coins rather than low quality coins at very low prices, because better coins always have the potential to increase when the market starts to improve and we can experience profits or returns more quickly. when market improvements begin to occur again as in the example seen today.

Quote
I think most of the time our knowledge, experience and risk managing tools play a vital role in our financial gain instead of our luck because if you say that your luck is shining all the time and choose random coin which never attain higher value previously then it is totally a sort of gambling not a trading. We should learn, expand experience and choose valuable coin then we can say that all we have done was right but our fate did not help us in getting profit.
And from what you have said, I think everyone should make a distinction between gambling and trading, because these two things are not basically the same. So it is important to choose a good coin based on research and experience that we have gained ourselves through several things so as not to choose it randomly and hope for uncertain profits through a bad coin. I quite agree with what you say because knowledge and experience are two important things that every trader must have before they trade in the long term.

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bitterguy28
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December 21, 2023, 10:41:13 AM
 #266

Reserve funds do not have to be prepared in mate stable coins, but can also be prepared in the fiat currency of our respective countries if the funds are intended to buy Bitcoin in conditions like now. In fact, investment funds are funds that have been highly specialized by each investor because they will definitely not use other funds for investment and the reserve funds referred to are funds that are saved for life, not for investment because investment funds have already been prepared.
Not sure what are you pointing here mate as why need to  be reserve in Fiat Currency when it is better to be in Stable coin readying to
buy anytime? I mean why need to be in fiat when you have to convert it first in crypto before being investing when once there is a
dump we can easily convert our stable coins to Bitcoin in short period of time.

kotajikikox
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December 21, 2023, 12:14:04 PM
 #267

Sometimes we can be right about our speculations and we make profit in them while some other time we may not because the market itself remains unpredictable, someone may just join now and it falls under the target on the bull market and he begin to enjoy the market because he came in the right time when the market is rising, somethings happened by luck while some by skills, we need to sought for the combination for our own benefits or sake.

The accuracy of our decision is only depended on market condition because if we choose a very beneficial coin but market condition remains worse for longer then we cannot do anything to reap the reward but if we choose Low price coin but suddenly the market goes up then even untrustworthy coin will define our decision as a better decision among all.
then consider holding right? that is why we must be ready for sideways mate as we cannot predict completely the market and what will be the value tomorrow so be aware of that.
Quote
I think most of the time our knowledge, experience and risk managing tools play a vital role in our financial gain instead of our luck because if you say that your luck is shining all the time and choose random coin which never attain higher value previously then it is totally a sort of gambling not a trading. We should learn, expand experience and choose valuable coin then we can say that all we have done was right but our fate did not help us in getting profit.
risk management is for me the best weapon to prevent losing , I am in no reason to hate the market because it does not bring me something in return instead I believe that there will be tomorrow that waits me when i HODL.

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December 21, 2023, 12:34:15 PM
 #268

I myself buying Bitcoins at 44k usd. So when you buying the coin doesn’t matter at all. If you have a vision for long term profit, then don’t look at the price. Buy as many coins as you can and keep it untouched. Definitely in few years you will see plenty of profits. You need to understand that Bitcoins are fixed in numbers and hence very rare, so it’s normal if you buying above 35k usd price. Bitcoins are way more valuable than our expectations.

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peter0425
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December 21, 2023, 12:59:50 PM
 #269

I am still buying , last bought at 41k as my Yearly bonus comes out and I need some of it to be invested in crypto specifically bitcoin that time , and now waiting for my 13th month to invest for altcoin readying for halving , i don't care if this is high or low because what I do believe is that  the moment you have available funds , then you must purchase at least some crypto .









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wmaurik
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December 22, 2023, 01:11:46 PM
 #270

Not sure what are you pointing here mate as why need to  be reserve in Fiat Currency when it is better to be in Stable coin readying to
buy anytime? I mean why need to be in fiat when you have to convert it first in crypto before being investing when once there is a
dump we can easily convert our stable coins to Bitcoin in short period of time.
It seems that you have misunderstood a little here about the preparation I referred to above. Indeed, what you say and suggest is not wrong because I also prepare stablecoins as a form of preparation when I see a price dump happening, but what you need to understand here is about fiat money which can also be used for these preparations because on several local exchanges now they have Bitcoin purchase pairs are available which can be done directly with fiat when someone makes a fiat deposit into the local exchange.

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btc_angela
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December 22, 2023, 01:59:35 PM
 #271

I myself buying Bitcoins at 44k usd. So when you buying the coin doesn’t matter at all. If you have a vision for long term profit, then don’t look at the price. Buy as many coins as you can and keep it untouched. Definitely in few years you will see plenty of profits. You need to understand that Bitcoins are fixed in numbers and hence very rare, so it’s normal if you buying above 35k usd price. Bitcoins are way more valuable than our expectations.

Great, that's what we should aim here, long term so that the price entry doesn't matter to us. And it's true, I mean if we look at the long term profit, in the next bull run and all time high, we might see the price going into 6 digits to there's enough profit for everyone.

The thing is that there are many here who might have doubted the price or at least what the market is giving us. On the other hand if we read it, the market is just reacting, and we should learn how to take advantage of it. Buy and accumulate as the price is generally cheap (although others might not see this), and then HODL for at least this cycle's bull run and wait for the next all time high.

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December 22, 2023, 02:09:52 PM
 #272

I am still buying , last bought at 41k as my Yearly bonus comes out and I need some of it to be invested in crypto specifically bitcoin that time , and now waiting for my 13th month to invest for altcoin readying for halving , i don't care if this is high or low because what I do believe is that  the moment you have available funds , then you must purchase at least some crypto .

Sometimes you get a coin at a good price, but you don't have the capital, and it also possible that you have the capital, but it not the right time to buy the token.Of course, when you have funds, you must buy crypto currency, but check the position of the crypto you are buying, if you buy it at a higher price, it will definitely go down from there and you May go into loss. So be sure to check the low price or high price and it is not a good decision to buy cryptocurrency at any price without thinking, because your aim is to get a good profit, not just buy crypto.









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December 24, 2023, 11:17:54 AM
 #273

I myself buying Bitcoins at 44k usd. So when you buying the coin doesn’t matter at all. If you have a vision for long term profit, then don’t look at the price. Buy as many coins as you can and keep it untouched. Definitely in few years you will see plenty of profits. You need to understand that Bitcoins are fixed in numbers and hence very rare, so it’s normal if you buying above 35k usd price. Bitcoins are way more valuable than our expectations.
Of course, what you do is because you have a huge trust in Bitcoin and strongly believe that buying at any price will always be profitable in the future because Bitcoin will always improve over time. Moreover,  we know that the Halving era is just a few moments away, which is a sign of an increase in Bitcoin.

Suggestions are very good to continue to buy as many bitcoins as possible with any scheme that can be done because the certainty will increase when storing Bitcoin will be felt in the future and will never be disappointing. It must be remembered that Bitcoin is a very awaited hope at the right time.

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December 24, 2023, 09:38:53 PM
 #274

I am still buying , last bought at 41k as my Yearly bonus comes out and I need some of it to be invested in crypto specifically bitcoin that time , and now waiting for my 13th month to invest for altcoin readying for halving , i don't care if this is high or low because what I do believe is that  the moment you have available funds , then you must purchase at least some crypto .

Sometimes you get a coin at a good price, but you don't have the capital, and it also possible that you have the capital, but it not the right time to buy the token.Of course, when you have funds, you must buy crypto currency, but check the position of the crypto you are buying, if you buy it at a higher price, it will definitely go down from there and you May go into loss. So be sure to check the low price or high price and it is not a good decision to buy cryptocurrency at any price without thinking, because your aim is to get a good profit, not just buy crypto.

We have to buy bitcoin or coins at the right price, we are advised to buy coins when the market has corrected according to what we had planned and make sure the market does not experience a negative impact in the next few weeks, in the current conditions I think it is better to wait for the price to correct below $40k rather than buying at the current price, because I believe the price of bitcoin will definitely experience a high correction and that is our opportunity to enter at a low price for the potential to gain high profits compared to buying at current market conditions.

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December 24, 2023, 11:21:27 PM
 #275

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

I've never regretted buying Bitcoin at any price because I've always seen it go higher. When it was moving below $30k, I thought it was a great buying opportunity and now we see that was right. Below $40k was also a good point to buy. Now we are at $43k and I still think we are in a good place to buy. I think you can buy at any price until Bitcoin sees a new ATH. After that, it depends on personal goals.

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December 25, 2023, 06:39:53 PM
 #276

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you bought Bitcoin for $35,000 then you definitely made a lot of profit. If you can keep this investment for a long time then surely you will get more money profit. But you always have to plan for the long term and hold your investment patiently for success. Since you are very interested in investing in bitcoins, you should gradually invest bitcoins and hold them for a long period of time, it will bring you enough profit.

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December 27, 2023, 12:27:49 PM
 #277

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you bought Bitcoin for $35,000 then you definitely made a lot of profit. If you can keep this investment for a long time then surely you will get more money profit. But you always have to plan for the long term and hold your investment patiently for success. Since you are very interested in investing in bitcoins, you should gradually invest bitcoins and hold them for a long period of time, it will bring you enough profit.

At the current price? yeah, if he bought at $35k, easy profit. But for me, if I enter around that price, I won't simply dump it right now. I will be looking for long term, or at least after the block halving and see how far can the price go in 2024.

In any case, everyone of us has it's own strategy, I like the buying at certain price, but I will also love to sell at that strategy. Slowly and then see how the price will go in the future. And with that, I think at his price of $40k'ish, still a good buy as majority expects that the price could hit all time high at $100k minimum.
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December 28, 2023, 12:25:25 AM
 #278

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Maybe that depends on the understanding that you have now, because if you think that $35k is too expensive for you, I'm sure you won't be able to buy Bitcoin. But if your intention is to save only when you have something to buy, you will definitely be able to save regardless of the price.

This is what is often done by those who accumulate bitcoin little by little. There is a decision, rather than just a plan, but no steps are being taken for these plans.

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December 28, 2023, 09:54:39 AM
 #279

Well Michael Saylor's MicroStrategy is still buying so I do think it is good for us to still buy. He just did buy another 14,620 Bitcoins for price of $615 Million.
And now the company has 189,150 Bitcoins. That is worth more than $8 Billion. When this man is buying more coins there is good things going to happen for the markets. 
https://www.reuters.com/markets/us/microstrategy-buys-bitcoin-worth-6157-mln-ahead-secs-spot-etf-decision-2023-12-27/

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December 28, 2023, 10:28:30 AM
 #280

Well Michael Saylor's MicroStrategy is still buying so I do think it is good for us to still buy. He just did buy another 14,620 Bitcoins for price of $615 Million.
And now the company has 189,150 Bitcoins. That is worth more than $8 Billion. When this man is buying more coins there is good things going to happen for the markets. 
https://www.reuters.com/markets/us/microstrategy-buys-bitcoin-worth-6157-mln-ahead-secs-spot-etf-decision-2023-12-27/
Michael Saylor already knows the potential of bitcoin in the future so his company is buying in large quantities regardless of the current price, this is an example for us to keep buying in any way if you can buy in large quantities then even with $50 it is still quite realistic for retail investors like us so never ignore bitcoin now, I actually believe bitcoin will increase again.

I will keep trying what I can afford including from side income will be spent on bitcoin, I should be able to accumulate more when there are more additional funds, I think it depends on our own abilities, but with your active search for opportunities, the bitcoin portfolio will be large later.

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December 28, 2023, 02:02:36 PM
 #281

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Maybe that depends on the understanding that you have now, because if you think that $35k is too expensive for you, I'm sure you won't be able to buy Bitcoin. But if your intention is to save only when you have something to buy, you will definitely be able to save regardless of the price.

This is what is often done by those who accumulate bitcoin little by little. There is a decision, rather than just a plan, but no steps are being taken for these plans.
The only thing I can say about all this is that when it comes to doing Things well , bitcoin is Understood, hasn't it reached the latest Maximum ? Well , it's time to buy bitcoin , so what do you have or should you think about? in no way considering money to buy, is the point I can say about this, if when we are in the market and we know that the strong currency is the bitcoin , what do we do ? buy if the Whales buy we have to buy , this is something we must do.

For us to know if it is good or bad , that is what I said , we have many things that must be done to be sure of our decision, there are the articles, videos and things that are on the web and that make sense to search for, that is when there is insecurity , research is key, the ideal is to do it Quickly so as not to waste a lot of time, it is important to establish everything to take advantage of the moment , lest the price increase and we buy less bitcoin.

R


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bounceback
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December 28, 2023, 02:37:52 PM
 #282

Well Michael Saylor's MicroStrategy is still buying so I do think it is good for us to still buy. He just did buy another 14,620 Bitcoins for price of $615 Million.
And now the company has 189,150 Bitcoins. That is worth more than $8 Billion. When this man is buying more coins there is good things going to happen for the markets. 
https://www.reuters.com/markets/us/microstrategy-buys-bitcoin-worth-6157-mln-ahead-secs-spot-etf-decision-2023-12-27/
Right, bigger company keep trusted with bitcoin why not for use keep investing depend on large investor still believing bitcoin is the best investment assets in the future. Its huge amount of bitcoin have been invested by Michael Saylor's MicroStrategy and likely keep hold their bitcoin fund until raise higher price in the future.
Hold almost 189,150 Bitcoins is fantastic amount and likely they will not stop with this amount for investing in bitcoin, I am waiting their next update about reinvesting in bitcoin and likely get impact for bitcoin will raise to higher price.

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wmaurik
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January 03, 2024, 11:05:37 AM
 #283

If you bought Bitcoin for $35,000 then you definitely made a lot of profit. If you can keep this investment for a long time then surely you will get more money profit. But you always have to plan for the long term and hold your investment patiently for success. Since you are very interested in investing in bitcoins, you should gradually invest bitcoins and hold them for a long period of time, it will bring you enough profit.
Now many profits have been seen due to the price increase to more than $45K and buyers of Bitcoin at the price of $35K, if they still maintain it, can see quite a profit if the number of Bitcoins purchased is large enough. Apart from that, maintaining investment for the long term in current conditions is quite feasible because market conditions are sufficient for everyone to continue investing and maintain the amount of Bitcoin they have previously purchased.

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EarnOnVictor
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January 03, 2024, 11:45:57 AM
 #284

If you bought Bitcoin for $35,000 then you definitely made a lot of profit. If you can keep this investment for a long time then surely you will get more money profit. But you always have to plan for the long term and hold your investment patiently for success. Since you are very interested in investing in bitcoins, you should gradually invest bitcoins and hold them for a long period of time, it will bring you enough profit.
Now many profits have been seen due to the price increase to more than $45K and buyers of Bitcoin at the price of $35K, if they still maintain it, can see quite a profit if the number of Bitcoins purchased is large enough. Apart from that, maintaining investment for the long term in current conditions is quite feasible because market conditions are sufficient for everyone to continue investing and maintain the amount of Bitcoin they have previously purchased.
Making money on the bullish trend of Bitcoin has been so easy recently and I advise everyone that any bearish movement they see before the 10th of January ETF verdict may be a very good opportunity to even buy more and gain from Bitcoin. I knew that the coin would not hit $45,000 last year, it though tried its best but the fact still remains that it never did and those who would have bet towards that would have lost their money. However, the bullish trend of Bitcoin has been strong and definite at the same time, and I believe it will continue over time judging by the present pattern on the month chart and the sentiment of the market at large.

For this, we should be watchful of the ETF news and headlines, it might cause a lot that wasn't planned for. It might change the whole narrative, but still, $35,000 should be preserved no matter what happens as people continue to look past ETF verdits over time due to the coming halving season. I will continue to look forward to buying Bitcoin as I will be buying after a short-term plummeting. That is happening now already, so interested people can get set once more. I am of the opinion that before the 10th of January, Bitcoin will no more breach below $42,000, but will be finding every available support that will launch it upwards once again. So, we should watch out for a repeat of what happened on the 1st and 2nd of January soon.

Don't say I didn't tell you.

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January 03, 2024, 01:15:14 PM
 #285

Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?
If you bought Bitcoin for $35,000 then you definitely made a lot of profit. If you can keep this investment for a long time then surely you will get more money profit. But you always have to plan for the long term and hold your investment patiently for success. Since you are very interested in investing in bitcoins, you should gradually invest bitcoins and hold them for a long period of time, it will bring you enough profit.
What has been done is clearly very profitable. It must be remembered that buying bitcoin at any price now can be guaranteed to provide profits in time when bitcoin starts to increase later. Investing in bitcoin is very profitable if you are patient and willing to hold on, because bitcoin will definitely increase. You just need patience until we can decide at what price we will release the investment that we have held.I agree with you that you should always make a plan when buying bitcoin and also holding it because bitcoin is a long-term investment, so it requires a lot of patience.

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