Buying at 35k? - page 9. | Bitcointalksearch.org

kro55

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Quote from: adultcrypto on November 04, 2023, 06:53:17 PM

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?

In my humble opinion, $35k is not too high to buy because that price is still consider low and below the all time high of Bitcoin. Any price below the ATH, to me, is fine for an entry because it is expected that Bitcoin will make a new ATH from next year onward.

I will also add that it all depends on the intention of the buyer is. If rhe plan is to hold for long, then $35k is a very good entry point becaus Bitcoin is getting set for a huge move upward. But for a short term trade, it becomes difficult to predict how high Bitcoin can go within a short time.

This is what I also want to say to those who are wondering what is a good time and price to buy bitcoin. In my opinion, if our goal is to sell during the next bull season, we can buy at any time as long as the price remains below bitcoin's old ATH. Because no one knows what will happen in the future, whether bitcoin will decrease or continue to increase, buying now is the best time. What if we wait for the price to decrease but what if the price does not decrease? We will have to buy at a higher price than the current price and profits will also decrease.

barisbilgili

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Quote from: FanEagle on November 06, 2023, 09:51:23 PM

It also depends on when you want to make a profit, if you want to buy right now and do not worry about when you are going to make a profit as long as the outlook for the future is good, then you are coming in at the right time, you should buy right now. But, if you are looking to buy today and sell tomorrow kind of profit then I do not think that will be all possible, there could be some sort of differences there and maybe the result could be a little bit different as well.

So, you need to make sure that you know what you are doing and you should be trying to avoid it as much as you possibly could, otherwise it is not going to really end up all that well for you. I personally believe the best you can do would be trying to get some more right now and to keep hold of that for some more months. That would allow you to have a bit of bitcoin when the halving happens and then the rest will be pure bull run just like after any other halving we had before.

Yes, it really depends on when we want a profit from the investment we make, if we buy it at a high price and can't hold it for a long period of time of course we won't be able to get a profit from the investment we make, but if we can buy with a low price and can also hold it for a long period of time of course we will be able to get a profit from the investment we make, so there is no harm in buying at any price if we can hold it for a long period of time of course we will get a profit from the investment the.

You are right, we have to be responsible for the decisions we make and don't make decisions without having a good understanding, collecting more according to our abilities will certainly be better and we also have to be able to hold it until the profit we want.

FanEagle

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It also depends on when you want to make a profit, if you want to buy right now and do not worry about when you are going to make a profit as long as the outlook for the future is good, then you are coming in at the right time, you should buy right now. But, if you are looking to buy today and sell tomorrow kind of profit then I do not think that will be all possible, there could be some sort of differences there and maybe the result could be a little bit different as well.

So, you need to make sure that you know what you are doing and you should be trying to avoid it as much as you possibly could, otherwise it is not going to really end up all that well for you. I personally believe the best you can do would be trying to get some more right now and to keep hold of that for some more months. That would allow you to have a bit of bitcoin when the halving happens and then the rest will be pure bull run just like after any other halving we had before.

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If you have enough money then you can buy bitcoin from anywhere it will not be expensive for you. Since you bought bitcoin at $31k and you are currently facing a profit of around 4% since the market is at $35k at the moment it has the potential to rise further. Even if you invest from the current market, you can do accordingly on the day as good future profits are waiting for you. If you are investing for short term then I think investing from $35000 can be expensive for you. And if planning to invest for long term then one would be best for you so you start investing from $35000 and hold. You will surely get good amount of profit if investing from current market and waiting till bull market will be great for you.

STT

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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 are holding in this area for nearly 2 weeks now.

adultcrypto

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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?

In my humble opinion, $35k is not too high to buy because that price is still consider low and below the all time high of Bitcoin. Any price below the ATH, to me, is fine for an entry because it is expected that Bitcoin will make a new ATH from next year onward.

I will also add that it all depends on the intention of the buyer is. If rhe plan is to hold for long, then $35k is a very good entry point becaus Bitcoin is getting set for a huge move upward. But for a short term trade, it becomes difficult to predict how high Bitcoin can go within a short time.

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Quote from: Dave1 on November 04, 2023, 06:11:28 PM

Quote from: JoyMarsha on November 04, 2023, 05:25:38 PM

When they hear about the price of one bitcoin, many individuals who are unaware of the potential of bitcoin label it as being "expensive." Those who have always understood the potential value of bitcoin would advise you to buy it at whatever price you see because what you currently see to be an expensive price may turn out to be a low one in the future.

I'm not sure what your long-term or short-term investment strategy is for bitcoin. However, if you do intend to invest in bitcoin for the long term, you can purchase it for the $35k price tag and hope to make huge profits in years to come.

You just have to look at history though, although it's might not be a good practice, but going back like in 2020 March wherein there is a pandemic scare, prices goes down hard at $3k. However, when it hit all time high at 2021, prices are at $69k.

So that alone shows how big the potential of bitcoin, so whatever price your enter, I think you are going to make profits in the future.

Specially if you hold on it for the long term, the profits are going to rewarding that you are going to hook on buying bitcoin at any price range.

enter and buy more if you have spare funds to begin with. though the potential of this market is great, however, you need to be conservative in your estimates if you have little extra funds for this. buying at 35k is not bad if you are eyeing to sell it like at 40k and above. however, you have no idea when such price will hit in the market.

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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?

What's going to happen to your planning if bitcoin's value goes down. I can't buy bitcoin because I'm stacking sats but if I had money I wouldn't buy for $35k it's a risk for me. I don't know about your financial climate so you'll have to ask yourself if it's expensive to buy today.

Quote from: kawetsriyanto on November 02, 2023, 11:49:15 AM

Don't do panic buying!! Always buy Bitcoin with a clear plan and analysis. Also, you must always remember that don't put all our money on Bitcoin only. It is too risky to rely on a single asset, specifically on a high risk investment like crypto. Even if you plan to buy again and again, use your free money only (your excess money).

Panic buying doesn't help when you're arranging which crypto to buy. I'll advise ppl to think carefully before buying because of FOMO because if there's a panic sale it's going to be a big lesson you don't want repeated.

Dave1

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Quote from: JoyMarsha on November 04, 2023, 05:25:38 PM

When they hear about the price of one bitcoin, many individuals who are unaware of the potential of bitcoin label it as being "expensive." Those who have always understood the potential value of bitcoin would advise you to buy it at whatever price you see because what you currently see to be an expensive price may turn out to be a low one in the future.

I'm not sure what your long-term or short-term investment strategy is for bitcoin. However, if you do intend to invest in bitcoin for the long term, you can purchase it for the $35k price tag and hope to make huge profits in years to come.

You just have to look at history though, although it's might not be a good practice, but going back like in 2020 March wherein there is a pandemic scare, prices goes down hard at $3k. However, when it hit all time high at 2021, prices are at $69k.

So that alone shows how big the potential of bitcoin, so whatever price your enter, I think you are going to make profits in the future.

Specially if you hold on it for the long term, the profits are going to rewarding that you are going to hook on buying bitcoin at any price range.

Mate2237

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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?

You know that $35k is not the last price of bitcoin so it is still at the best time to buy. I was telling some group of people to invest on bitcoin in the month of August when bitcoin was $25k and they were afraid to invest in it and when bitcoin reached $34+k this days they came to me and said they want to invest and I told that they should bring their Android phones for me to down the wallets and apps and most of them do not have Android phone to start the process. Op I advise you to buy even at the moment of $35k. It will be a big profit for you.

JoyMarsha

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When they hear about the price of one bitcoin, many individuals who are unaware of the potential of bitcoin label it as being "expensive." Those who have always understood the potential value of bitcoin would advise you to buy it at whatever price you see because what you currently see to be an expensive price may turn out to be a low one in the future.

I'm not sure what your long-term or short-term investment strategy is for bitcoin. However, if you do intend to invest in bitcoin for the long term, you can purchase it for the $35k price tag and hope to make huge profits in years to come.

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Quote from: kawetsriyanto on November 02, 2023, 11:49:15 AM

Quote from: bayu7adi on November 02, 2023, 06:37:39 AM

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?

Be careful to decide for entry (buy)!
Although Bitcoin passed $35k and could survive at that price for few days, it dropped again to $34k today. I see that Bitcoin tries to pass $36k but it fails, it may drop again to $33k-$34k. It may have a sideway phase for few days/weeks, before it tries again to pass $36k. So, it is better to wait and see first, just buy again if the price drops below $34k.

Anyway, it is surely very possible to reach again $69k. But we don't know when it is.

If you are sure and confident that bitcoin can touch $69k again, is there any difference between buying between $34k and $35k? You should buy bitcoin as soon as possible, don't wait for the price to drop because there is no guarantee that will happen.

Quote from: kawetsriyanto on November 02, 2023, 11:49:15 AM

Quote from: Chato1977 on November 02, 2023, 07:56:49 AM

Buy mate , buy more , spend everything now before its too late when the train runs .

Don't do panic buying!! Always buy Bitcoin with a clear plan and analysis. Also, you must always remember that don't put all our money on Bitcoin only. It is too risky to rely on a single asset, specifically on a high risk investment like crypto. Even if you plan to buy again and again, use your free money only (your excess money).

Bitcoin has potential and the likelihood that history will repeat itself is very high. We may once again witness Bitcoin creating a new ATH, but don't be subjective because risks can always strike at any time. So advising someone to spend everything they have on bitcoin is really bad advice, I completely disagree with that. We should have a plan B for ourselves if things don't go as we expected, don't put everything we have into bitcoin or any other investment.

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Quote from: DeathAngel on November 01, 2023, 04:43:47 PM

Really nice seeing the price at 35.3k, I think the FED pausing rates at the FOMC meeting today has contributed to the price rise. Everything is really lining up well to have a monster 2024 & 2025. I don’t see many things that could ruin the bull run now unless we have WW3 or the worst recession ever. I’m quietly confident that we will have a very bullish couple of years coming up.

It would be very nice if the growth of the cryptocurrency market for a few years really happened. But it seems to me that the main trigger for this should be halving. Most likely a real bull market will happen next spring. Now it may turn out that the growth is just a manipulation on the news.

kawetsriyanto

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Quote from: bayu7adi on November 02, 2023, 06:37:39 AM

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?

Be careful to decide for entry (buy)!
Although Bitcoin passed $35k and could survive at that price for few days, it dropped again to $34k today. I see that Bitcoin tries to pass $36k but it fails, it may drop again to $33k-$34k. It may have a sideway phase for few days/weeks, before it tries again to pass $36k. So, it is better to wait and see first, just buy again if the price drops below $34k.

Anyway, it is surely very possible to reach again $69k. But we don't know when it is.

Quote from: Chato1977 on November 02, 2023, 07:56:49 AM

Buy mate , buy more , spend everything now before its too late when the train runs .

Don't do panic buying!! Always buy Bitcoin with a clear plan and analysis. Also, you must always remember that don't put all our money on Bitcoin only. It is too risky to rely on a single asset, specifically on a high risk investment like crypto. Even if you plan to buy again and again, use your free money only (your excess money).

aoluain

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When buying Bitcoin you really need to have at least a medium term outlook if its purely
return of investment you are after.

As per the OP buying at $31k and rejoicing at $35k that there is profit, give it another 2
weeks and the OP could very well be crying.

If you have a long term outlook $31k > $35k > $29k is nothing.

Buying at $35k - why not, again in the long term it will be a distant memory and we will
be ruing the day we didnt buy more at $35k

Buy and Relax!!

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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 perfect time to buy the Bitcoins. Whenever you have funds to invest, just close your eyes and buy the Bitcoins irrespective of it’s price. We need to understand that Bitcoins are fixed in number, that is no more Bitcoins can be created or invested, hence these coins are very rare. So our main objective is to accumulate as many Bitcoins as we can. As these coins are limited in number, but the demand to accumulate it is increasing, hence a time will come where you will definitely make the profits. So don’t wait more and buy the coins now.

Chato1977

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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 if you still have funds , because the more you accumulate here is the more chances of profiting .

you have carried buying at 31k , then go buy more even in 35k .

Buy mate , buy more , spend everything now before its too late when the train runs .

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Quote from: bayu7adi on November 02, 2023, 06:37:39 AM

Perhaps $35k isn't a high price in my opinion when compared to the future projections of Bitcoin. It's true that the arrival of a bull run can be unpredictable, but it's certain that a bull run will happen. It's all about being patient in waiting for the market and staying focused on our investments, including Bitcoin. Even though my confidence level is pretty high, it's not that easy for me to go all in on Bitcoin. We shouldn't ignore other investment models because we don't know which investment will be more profitable in the future.

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?

Don't wait for the price to reach $40k, or you'll regret not buying BTC when it was at $35k. And remember, don't go all in. Life is much broader than relying on a single investment.

We should not put all our assets into bitcoin or any other investment, we need money for daily needs, savings for emergencies...but I think there's nothing wrong if we only focus on investing in bitcoin. I'm just talking about investing and what I mean is, we don't need to diversify into other investments like gold or stocks. if we have a small amount of capital and are willing to take risks, we should focus on bitcoin instead of diluting our investment. no investment offers optimal returns like bitcoin, diversifying into other assets will only reduce our returns.

bayu7adi

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Perhaps $35k isn't a high price in my opinion when compared to the future projections of Bitcoin. It's true that the arrival of a bull run can be unpredictable, but it's certain that a bull run will happen. It's all about being patient in waiting for the market and staying focused on our investments, including Bitcoin. Even though my confidence level is pretty high, it's not that easy for me to go all in on Bitcoin. We shouldn't ignore other investment models because we don't know which investment will be more profitable in the future.

My advice is to keep making regular purchases even if the price is now at $35k. Remember that BTC once reached $69k, right? That means it's down 50%, isn't it?

Don't wait for the price to reach $40k, or you'll regret not buying BTC when it was at $35k. And remember, don't go all in. Life is much broader than relying on a single investment.

God bless u

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It will be related to your holding that how long you will hold your bitcoin because if you buy bitcoin at 35k$ and wants to sell after days and months then you will have no profit due to Volatility in price but if you wants to hold until halving then you should buy at 35k$ because price will go more higher than 35k$ which can reward you more. Those who already have bitcoin will see great return than those who are now buying bitcoin because profit always depends on the buying price and selling price.

Now the price is not 35k$ but is approximately 35k$ because its above 34k$ and nearer to 35k$ in worth. Keep your target and then choose a buying price so when your target achieved then you will have profitable outcomes. Your target should be double of your buying price otherwise your investment cannot give you huge return and buy now to take the advantage of halving during next Bull run.

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