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Topic: Buying at 35k? - page 2. (Read 2073 times)

hero member
Activity: 2058
Merit: 710
December 21, 2023, 03:54:21 AM
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.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
December 15, 2023, 08:58:05 PM
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.
hero member
Activity: 2058
Merit: 710
December 15, 2023, 05:51:02 AM
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.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 15, 2023, 04:26:19 AM
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.
full member
Activity: 2520
Merit: 204
December 15, 2023, 12:31:40 AM
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.
hero member
Activity: 2058
Merit: 710
December 15, 2023, 12:27:53 AM
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.
legendary
Activity: 2716
Merit: 1859
Rollbit.com | #1 Solana Casino
December 14, 2023, 06:15:26 PM
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.
full member
Activity: 874
Merit: 125
December 14, 2023, 09:23:54 AM
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.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
December 14, 2023, 09:12:44 AM
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.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 14, 2023, 04:23:45 AM
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.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
December 14, 2023, 02:48:34 AM
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.
hero member
Activity: 952
Merit: 555
December 13, 2023, 03:20:57 PM
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.
hero member
Activity: 2058
Merit: 710
December 13, 2023, 02:43:09 PM
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.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
December 13, 2023, 12:10:34 PM
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.
sr. member
Activity: 1344
Merit: 459
Vave.com - Crypto Casino
December 13, 2023, 11:38:56 AM
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.
hero member
Activity: 2058
Merit: 710
December 13, 2023, 10:30:41 AM
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.
full member
Activity: 896
Merit: 193
web developer for hire
December 10, 2023, 05:11:40 PM
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.
full member
Activity: 1442
Merit: 108
December 10, 2023, 05:17:39 AM
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).
sr. member
Activity: 294
Merit: 433
HODL - BTC
December 09, 2023, 01:15:47 PM
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.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
December 09, 2023, 10:41:24 AM
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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