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Author Topic: Buying at 35k?  (Read 2012 times)
moneystery
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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.

Sexylizzy2813
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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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Bitcoin_people
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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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Ojima-ojo
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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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