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Author Topic: Buying at 35k?  (Read 2011 times)
arabspaceship123
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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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Rainbot
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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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armanda90
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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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