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

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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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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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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.

R


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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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