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Topic: Buying at 35k? - page 5. (Read 2073 times)

copper member
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November 23, 2023, 08:30:04 PM
Does this mean that your projection for the new all time high is $100k? I have seen a lot of people with same views but I don't understand the basis for chosing that number.

Lately the predictions have even gone as high as $250k considering that ETF approval may happen as well as the halving. These are valid optimistic projections in my opinion.

Buying at the current price is cheap because non of the expected triggers has happened. Market is simply moving naturally as it should without external factor influencing it.

I dont have projection for the next All time High But I do believe that is way more than previous ATH, So the DCA between 30K-35K is still a good point. Last ETH is around 69K so in the next ATH I think the 70-80K is highly achievable
full member
Activity: 896
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November 23, 2023, 04:31:43 PM
How's anybody supposed to assess what's reasonable for the next ATH. We're all guessing what bitcoin's expected to reach. Some ppl are speculating it's going to be close to $150k.

My advice's to stay away from FOMO because ppl here aren't professionals giving professional advice. There aren't any guarantees therefore don't follow others when they tell you you're going to make riches soon.
hero member
Activity: 1624
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Bitcoin To The Moon 📈📈📈
November 23, 2023, 11:49:52 AM
You're all having your various points, we almost have doubled the previous all time high for bitcoin at each bitcoin circle that follows after halving, there's more being said already about the bitcoin market price to hit over $100,000 after the next year halving, which is also seen to be very possible because of the bullrun, the demands will be high and the market price also goes up even though it's been characterized by high volatile market conditions throughout the whole period after halving,

Quote
2017 - $8,743
2018 - $3,895
2019 - $6,935
2020 - $19,091
2021 - $57,198
2022 - $16,554 
2023 - $37,035
The data above is taken from Twitter and you may notice that every year and cycle happens.

We can conclude that indeed after the halving period bitcoin always experienced an all-time high price and in the previous cycle experienced the same, so this will not be much different so I am always optimistic that next year it might happen with the new ATH.

About the demand during the halving period, it will increase a lot of people have prepared and bought bitcoin from now on.
hero member
Activity: 812
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November 23, 2023, 11:23:52 AM
By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

Every time the cycle increases it will always experience an increase of 2x more than the previous ATH so I think above $150,000 is still reasonable but we never know about the future and only look at historical history no more than that while for higher expectations it doesn't matter as long as we already have bitcoin in the bag then ready when the bullrun comes.

You're all having your various points, we almost have doubled the previous all time high for bitcoin at each bitcoin circle that follows after halving, there's more being said already about the bitcoin market price to hit over $100,000 after the next year halving, which is also seen to be very possible because of the bullrun, the demands will be high and the market price also goes up even though it's been characterized by high volatile market conditions throughout the whole period after halving,
legendary
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Smart is not enough, there must be skills
November 23, 2023, 08:10:49 AM
By that time, Bitcoin could be well around $100,000.
$100,000 is quite reasonable for the next ATH, considering that many experts predict more than that, $100,000 will be more expected and the market will be excited.

Every time the cycle increases it will always experience an increase of 2x more than the previous ATH so I think above $150,000 is still reasonable but we never know about the future and only look at historical history no more than that while for higher expectations it doesn't matter as long as we already have bitcoin in the bag then ready when the bullrun comes.
hero member
Activity: 882
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Leading Crypto Sports Betting & Casino Platform
November 23, 2023, 07:41:01 AM
If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.
This is good advice as the owners of Bitcoin can't regret it in the end, it's such a very good project that has a bright future.

Although things might not turn out the way some people hype it, regardless, in the end, Bitcoin should continue to rise and hit new ATHs which is a very good reason to buy it. Another thing is that new people are investing in the coin daily, which explains the reason why the market capitalization is increasing daily. It reached over $1 trillion in the last bull run, and another bull run is expected soon, the coin could be over $2 trillion this time when it is more popular than it was in the last bull run.

By that time, Bitcoin could be well around $100,000.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
November 20, 2023, 01:16:47 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?
35k may still be a fair price to join the market,  but also note that,  no one can rightly predicts the price of Bitcoin and how much time you may have to wait for the market to reach your desired profits position,  but then if you are planning a long term holding then you are right to buy into the market at that price,  but if you want to take a short term market position with aim of taking profits anytime soon, you may have to consider the price properly and also measure your risk according to what is available for you and at that point,  you are no longer investing,  but gambling with the price of Bitcoin at that level.

So in such a position,  you must be willing to take whatever reality that comes from your decision since anything can happen and you may not likely be in profit at the end,  but you only lose when you sell your Bitcoin,  otherwise,  you may keep holding until price become more favourable to you to sell.
legendary
Activity: 2590
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November 20, 2023, 12:41:32 AM
If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.
It is not right to buy bitcoins too fast, but you need to know about the volatility before the market and have good strategies.  Also, you need to control your emotions when you buy on the rise in Bitcoin price, as you can face losses. It's the most important investment because emotions can't control you if you're facing a loss. And if you invest for long term then you can invest from any place there is no golden opportunity from which place is your golden opportunity to buy bitcoins. Since the price of Bitcoin is constantly increasing, it is better to buy Bitcoin now if you plan for the long term. However, Bitcoin is currently trading above $37k, so I think there is a chance of going higher in the coming months.

I agree that we need to do our own research and analysis before deciding to buy bitcoin, but if we buy at the current price, what damage will we face if we ignore short-term volatility? Bitcoin is unpredictable so buy it as soon as you understand it and are ready to invest in it. Like OP when he asked about buying bitcoin, it was only priced at 35k$ but now it is trading over 37k$. So buy as soon as you can, don't hesitate just because you think it's too high because you may have to buy at a higher price if you continue to hesitate.
sr. member
Activity: 658
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November 19, 2023, 10:06:37 PM
If you haven't bought Bitcoin yet, don't delay, buy Bitcoin now, because the price of Bitcoin is constantly increasing. And it will reach much higher levels. Bitcoin price is now 37, you buy now without delay. Because it will now increase it will not decrease.
It is not right to buy bitcoins too fast, but you need to know about the volatility before the market and have good strategies.  Also, you need to control your emotions when you buy on the rise in Bitcoin price, as you can face losses. It's the most important investment because emotions can't control you if you're facing a loss. And if you invest for long term then you can invest from any place there is no golden opportunity from which place is your golden opportunity to buy bitcoins. Since the price of Bitcoin is constantly increasing, it is better to buy Bitcoin now if you plan for the long term. However, Bitcoin is currently trading above $37k, so I think there is a chance of going higher in the coming months.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
November 19, 2023, 09:25:10 PM
I think if the goal is for the long term and not looking at momentary gains then indeed the answer will definitely be the same because there is nothing wrong with buying at that price but for some people sometimes they only focus on the benefits they get now and think they can take the benefits they get. Although it is not a mistake but if in the end we think further about what happens such as our target for the next few years then I think buying regularly and continuously then it will be much better regardless of the price for now because the target we want to achieve is not now but the next few years.

1000% agree long-term goal is the choice, especially for bitoin which has the huge benefit, like this moment there are a dozen top investment companies who are racing to get SEC approved for their ETF Filling. So that is why I said that 35K is at low prices when all those companies get approved I dont think we are gonna see 35K again in future.

If all ETF-approved ATH can be reached in next year.
hero member
Activity: 910
Merit: 677
November 19, 2023, 04:25:30 PM
the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
I think if the goal is for the long term and not looking at momentary gains then indeed the answer will definitely be the same because there is nothing wrong with buying at that price but for some people sometimes they only focus on the benefits they get now and think they can take the benefits they get. Although it is not a mistake but if in the end we think further about what happens such as our target for the next few years then I think buying regularly and continuously then it will be much better regardless of the price for now because the target we want to achieve is not now but the next few years.
sr. member
Activity: 1092
Merit: 342
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November 19, 2023, 02:08:10 PM
The question answers itself, of course it is appropriate to buy Bitcoin, has it already reached the last Maximum? If you have a good opportunity to buy, why don't you do it and ask if it is good to buy or not? I don't understand these things because they are what cause panic to spread, those who have more bitcoin and want to sell, then what to sell, the smarter people or the most intelligent are going to buy, those who had bought bitcoin from $26k and now they want sell because they are in profit, they can do it, of course, it is their money, they have the right, but those who really want to make money will check if they have the money to do it.

Quote
Such an example is the popular X (Twitter) user KALEO, who thinks BTC has a chance to soar to $40,000 before the end of 2023. However, they warned that the asset might plunge to approximately $34,000 before spiking to the aforementioned peak.

Another analyst who recently chipped in is CryptoCon. They observed the Alternate Theory, which is an alternative to the Halving Cycles Theory, to assume that BTC could hit a new all-time high by early May 2024.

Original Source: https://cryptopotato.com/the-bitcoin-btc-price-predictions-of-the-last-seven-days-what-do-experts-think-comes-next/

Here you have options if you want to do what others say, if your conviction is not so strong.
sr. member
Activity: 476
Merit: 307
November 19, 2023, 04:55:21 AM
the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
Does this mean that your projection for the new all time high is $100k? I have seen a lot of people with same views but I don't understand the basis for chosing that number.

Lately the predictions have even gone as high as $250k considering that ETF approval may happen as well as the halving. These are valid optimistic projections in my opinion.

Buying at the current price is cheap because non of the expected triggers has happened. Market is simply moving naturally as it should without external factor influencing it.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
November 18, 2023, 08:57:21 PM
Just like those days were the price of Bitcoin was $1, $10, $1k --people haven't the courage to buy this because it was expensive in a project that was not known for its potential and use case until the time came that it pumps high and make hype. People started to buy them and accumulate more thinking that there were more pumps coming. 

Well, investing is not been forced on anyone --those who think buying Bitcoin at $35k is quite expensive, I think they don't have room in crypto investment.
Indeed maybe 35K is quite expensive for now, But I do believe will be a thread again that say Buying at 60k?

What Im trying to say is most people dont have the courage to buy even at low price and I think the problem is they didnt believe enough to Bitcoin and

again Well, investing is not been forced on anyone --those who think buying Bitcoin at $35k is quite expensive, I think they don't have room in crypto investment. you are 100000% right
sr. member
Activity: 2296
Merit: 348
November 17, 2023, 11:42:50 PM
the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
The discussion is about buying and not selling, I believe you didn't get the context because, from your post, it seems that you are trying to say that it's early for someone to sell at $35k because the price will go up during the bull run and there will be a new all-time high. However, when we talk about buying, it's never too late but we can say that one could get a much better price if they had bought earlier when the price was still at $26k or even better if one could buy when it was around $16k last year.

Those who missed earlier prices will probably have to buy higher because the bull market is almost around the corner, and we don't know when the market will start going straight up and won't come down again, in that case, even the current price will be the lowest for those who hasn't bought yet.
sr. member
Activity: 2828
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win lambo...
November 17, 2023, 08:37:04 AM
the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin
Just like those days were the price of Bitcoin was $1, $10, $1k --people haven't the courage to buy this because it was expensive in a project that was not known for its potential and use case until the time came that it pumps high and make hype. People started to buy them and accumulate more thinking that there were more pumps coming. 

Well, investing is not been forced on anyone --those who think buying Bitcoin at $35k is quite expensive, I think they don't have room in crypto investment.
copper member
Activity: 2268
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November 17, 2023, 07:39:26 AM
the simple answer is no 35K is still early on bitcoin price the last time All time High was at 60K and if the cycle continue we might see another ath and probably beyond 60K maybe 100K hahah. So buying at 35K is low but if you have doubt and you are profit right now dont buy  Grin

This is completely wrong estimation that people are making on Bitcoins. According to me Bitcoins are very valuable coins. They are limited in numbers. Moreover we have seen Bitcoins rising from 1$ to 69k usd . So this proves the capability of the coin. So there will be a time when the demand to accumulate the coins will be high, and hence the price will skyrocket at that time. So it’s better to have as many Bitcoins as you can in your wallet. When Bitcoins will be skyrocketing in high prices, you will have sufficient coins and you will make great profits by selling it.
full member
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November 17, 2023, 07:36:28 AM
The price's high at $36k but it doesn't matter if the investment's long or short term because the risks won't disappear. If ppl invest small amounts they shouldn't worry if they lose it by selling lower than they paid for. If they can't hodl they're limiting their chance of making profit. We don't know when the bullish period's going to start.

Do you want long term or short term investment? if you want a short term investment the current price of $36k looks very high and maybe you should think again about buying. but if you want a long-term investment the current price is still very low. but I suggest you only invest for the long term because the risk is relatively low, buy now and hold until the bulls arrives.
copper member
Activity: 2156
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Part of AOBT - English Translator to Indonesia
November 16, 2023, 10:17:01 PM
I don't know if this is sarcasm but then I think if price has gone lower than it used to be it's best to buy, because the principal to be profitable in cryptocurrency is to buy low and sell high, except we are expecting further fall below $35k which is very possible but then if Bitcoin has done $60k before, most definitely by the next bull run Market it's definitely going higher beyond that. I advise buying at $35k isn't a bad one when compared to the ATH which is almost twice $35k except you want to wait a little more then you can go ahead to wait and see if it will fall a bit below $35k but I'm almost certain it won't go any further below $30k so I think it's still the right time to buy.

It is a sarcasm according to my last chart here https://www.tradingview.com/x/oBs5VHn4/ we might gonna see a correction between 30K level that max and support of local zone after 4 week of green candle the price need to be calm down or atleast there is good news coming
full member
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November 16, 2023, 06:44:06 PM
Do you want long term or short term investment? if you want a short term investment the current price of $36k looks very high and maybe you should think again about buying. but if you want a long-term investment the current price is still very low. but I suggest you only invest for the long term because the risk is relatively low, buy now and hold until the bulls arrives.
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