Buying at 35k?

[DeathAngel]

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.

[1714671559]

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[1714671559]

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[Wiwo]

-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.

[OgNasty]

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.

[mich]

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

[Minecache]

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.

[God bless u]

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.

[bayu7adi]

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.

[Texac]

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.

[Chato1977]

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 .

[Nrcewker]

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.

[aoluain]

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!!

[kawetsriyanto]

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).

[fzkto]

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.

[DanWalker]

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.

[JoyMarsha]

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.

[Mate2237]

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.

[Dave1]

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.

[arabspaceship123]

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.

[AmoreJaz]

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.

[adultcrypto]

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.