Buying at 35k? - page 8. | Bitcointalksearch.org

Davidvictorson

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Quote from: Sexylizzy2813 on November 08, 2023, 08:21:49 AM

Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

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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Quote from: Sexylizzy2813 on November 08, 2023, 08:21:49 AM

Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

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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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

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.

Sexylizzy2813

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

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.

moneystery

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

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.

bitterguy28

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

If you can manage to keep waiting more , because we are closing to December and what I do believe is some changes happens before it ends means that bitcoin price
usually having difficult time and when January comes the constant falls happen so if you have time waiting so be it.

Not sure if there will be a problem buying at 35k because bitcoin price even expected to cross 100k in Bull run so that would be the problem , you must be
ready in those changes and can have time to keep the holding even if this comes in 2025 not in 2024 .

Oasisman

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Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

but is 35k te expensive to buy bitcoin?

It is if you just started investing, but when you considered how much bitcoin have reached from the most recent ATH, bitcoin is at a 50% discount minimum. Then you should compare the gaps between all the ATHs coming from the 4 year cycle, and we're looking at a $1k to $19k to $68k, you do the math how much multiplier you get in the next ATH.
Just always remember to invest what you can afford to lose for you to avoid an unwanted withdrawals that may cause some losses or cut potential profits. You should also look at a long term perspective and calm yourself down as bitcoin will take you to an extreme roller coaster ride, all you need to do is accumulate during bears and wait for the right time to sell or when bitcoin hits your target.

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

The price is not expensive if you can afford it and you believe in its worth in the future. Moreover when your plan is to hold for long period, then it is still reasonable to buy at $35k since there are many predictions the value can reach $100k in the future. Although of course it is not certain yet and just a speculation.

Therefore, the decision depends on what you believe in and your own analysis. Just keep in mind that for long term hodler, you can buy at anytime regardless of the price (though it's advisable when the price is in dip). Anyway, you're already in profit for buying at $26k-$31k, so you know better what decision is best at this time.

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Quote from: Hypnosis00 on November 07, 2023, 05:36:31 PM

Quote from: kentrolla on November 06, 2023, 11:45:29 PM

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again. You may set up a certain target above $35k let's say $36k and once Bitcoin crosses it you may enter and set up stop loss and take profit accordingly in case if you are not a long term investor as there is nothing like entry price for long term investors except he fact you should be entering at ATH peak value during bull run which is yet to be achieved this time. Plan it as per your requirement and what's the outcome you will be expecting like is it short term profit or long term gains and then take a call.

If we think if the price of Bitcoin rises and are able to reach $40k or go bullish, why not buy at $35k? It is just similar to buying them at $31k because we believe that it reach $35k.
People usually get wrong about investing as we think about the negative rather than thinking positive. Most of the time the suggestion is to wait for the correction but it is wrong because what if there is no correction starting today and the price keeps on climbing, it is totally a regret.
Buy low --it doesn't mean that we always have to wait for the price correction and dump before buying.

Its pretty simple either buy and hodl. Or sell and leave the coin.

Btc will either rally past 70k or it will start to fail.

If you are afraid to jump strong in just do a dca.

If you think it won’t rally to a new alltime high bail and leave the market.

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

If you have the money to buy bitcoin now I will support you to buy bitcoin knowing that the price of bitcoin do falls and increase so it may be that now the price is in 35k that later in future or next year the price of bitcoin will increase more, I think that if you buy now you are not mistaken because everyone us expecting bitcoin price to increase more and more so the price of bitcoin is something we need most to consider before we buy for long time or short term, if we know chary I think the chary should be the one that will direct us on what to do for the investment of Bitcoin

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Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

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?

Buying at 35k now I don't think is a good idea, it sounds like a decision influenced by FOMO to me, if you are good with your TA, it will help you make informed decisions, checking the BTC trading chart, you will find out that there is a resistance a bit above 35k which was just tested by BTC.

Which means that BTC will retrace down to the support below 34k before further moving up above 35k again so I advise you wait until after that retracement, your can get it, in lay term wait for a slight deep below 35k then you can buy again Because if you buy now, whenever it goes down or experience that slight deep again , you will be at loss till it comes back and if you are not patient, probably because you are a short term investor, you may do panic sale and may have Bitcoin rise again immediately after your panic sale so it's better you wait awhile because btc will definitely retrace so you can buy at a good price.

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Quote from: kentrolla on November 06, 2023, 11:45:29 PM

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again. You may set up a certain target above $35k let's say $36k and once Bitcoin crosses it you may enter and set up stop loss and take profit accordingly in case if you are not a long term investor as there is nothing like entry price for long term investors except he fact you should be entering at ATH peak value during bull run which is yet to be achieved this time. Plan it as per your requirement and what's the outcome you will be expecting like is it short term profit or long term gains and then take a call.

If we think if the price of Bitcoin rises and are able to reach $40k or go bullish, why not buy at $35k? It is just similar to buying them at $31k because we believe that it reach $35k.
People usually get wrong about investing as we think about the negative rather than thinking positive. Most of the time the suggestion is to wait for the correction but it is wrong because what if there is no correction starting today and the price keeps on climbing, it is totally a regret.
Buy low --it doesn't mean that we always have to wait for the price correction and dump before buying.

philipma1957

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

It would have been nice if you posted again.

Frankly I sold some at 35k. And I ended my 1 year dca. which began at about 16 k last nov.

I still earn coins via mining and my signature.

I decided to stack and hodl my signature earnings

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Quote from: STT on November 04, 2023, 06:59:15 PM

Too risky for me short term, we are above the weekly average and so bullish is fair conclusion now but further out I fear we must reverse some.
On a wider consideration its never wrong to buy and hold some but many people want to buy and immediately feel they have done the right thing with price increasing perhaps considerably. Theres no recent negative interpretation to price movements that I can easily see, its resolved upwards though we have been holding in this area for nearly 2 weeks now.

To some extent, 35,000 is still a discount price to buy bitcoin, considering the amount that the price of the coin has reached in the past and more also if you buy at 35k the likelihood of making good profits on investment in the long run vase is there and for that, you are sure to have a balanced ground for your investment and at some point you should be able to point to why buying bitcoin at 35k will be a good investment decision and not an entirely red flag even if you consider that price to be a high price due to recent market conditions.

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I am in the same situation. I wish I just bought it again at $27k for my October DCA. Now I feel $35k is a little expensive. Cheesy

Although, I am still confident that the price of bitcoin can easily reach its former all-time high within this cycle. Right now I need to buy within this month for my October and November DCA. But I'll be buying within this month anyway even if bitcoin continues to move up. The original plan is to continue doing DCA until bitcoin reaches $50k or maybe I should stop after the halving month and then start trading again once the market is back into bullish mode.

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Quote from: Popkon6 on November 07, 2023, 04:29:37 AM

Quote from: kentrolla on November 06, 2023, 11:45:29 PM

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again.

Individuals who hold bitcoins for the long term will only buy bitcoins in the present. Because Bitcoin price may peak at 40K in 2023, Bitcoin price is likely to dump anytime soon. Because this little bull market won't last long it could collapse at any time. So only traders who are in these bull markets will realize these short runs. Bitcoin price is only going up at the moment so it is better to wait this time. If the price of Bitcoin is a little lower, it is definitely better to hold for a longer period of time.

Many also predict bitcoin will soon pull back from its strong growth days, which is a necessary precaution, but we are not certain that it will fall as we expect. If bitcoin doesn't drop to $32k or $30k like many are waiting for and continues to rise to $40k, what will happen to us if we don't buy now? So I think when you have money, you should buy it now and if the price drops more then we can DCA, because if the price increases we will miss the opportunity.

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Quote from: lunder0592 on October 24, 2023, 06:29:34 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?

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.

Popkon6

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Quote from: kentrolla on November 06, 2023, 11:45:29 PM

Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again.

Individuals who hold bitcoins for the long term will only buy bitcoins in the present. Because Bitcoin price may peak at 40K in 2023, Bitcoin price is likely to dump anytime soon. Because this little bull market won't last long it could collapse at any time. So only traders who are in these bull markets will realize these short runs. Bitcoin price is only going up at the moment so it is better to wait this time. If the price of Bitcoin is a little lower, it is definitely better to hold for a longer period of time.

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Quote from: lunder0592 on October 24, 2023, 06:29:34 AM

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?

Firstly, congratulations on experiencing the benefits of investing in BTC. For your question above, various answers may have been given, but if I were in the position, the price of 35k is not expensive in the long term and is seen as expensive in the short term, because if you have set a bid and it is hit, then the price of an asset is suddenly depressed, you have to wait again.

Market conditions the volatility is good and can create opportunities for traders to make a profit, but it is recommended to always stay up-to-date with economic and geopolitical news that may affect the markets.

kentrolla

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Don't buy exactly at $35k unless you are a long term investor because we are at a stage from where price might either increase and take a leap or else if it was a trap then there would be a correction phase then it may drop slightly and then will take some more time for price to start increasing once again. You may set up a certain target above $35k let's say $36k and once Bitcoin crosses it you may enter and set up stop loss and take profit accordingly in case if you are not a long term investor as there is nothing like entry price for long term investors except he fact you should be entering at ATH peak value during bull run which is yet to be achieved this time. Plan it as per your requirement and what's the outcome you will be expecting like is it short term profit or long term gains and then take a call.

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