Currently, the price of bitcoin is more than US $34,000. Can we buy this price?

ethereumhunter

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Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?Any good suggestions?Or good trading operation sharing

Yes, that price can be purchased, but you do not have to buy 1 bitcoin directly. You can buy fraction by fraction at any price, so you will have a chance to buy bitcoin at a low price. If you can buy bitcoin at a low price, you should hold it until the price rise higher than your purchased price, so you can expect to make a profit later. My suggestion does not to panic when the price is down, but you can buy more bitcoin if you have more money.

LogitechMouse

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5 words for you. BUY AT YOUR OWN RISK.

We can say that you should buy now but you can't take it for some reasons. We can also say that you must've wait for even lower price and still you can't take it. Plot the charts, know the support, learn at least a bit of TA so that you will know when is the right time to buy Bitcoin for you.

Question123

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If you bought bitcoin yesterday when the price is dump at the value of 34,000 dollars and you gain some of the profit today and few thousands dollars you will get if you sell it now. Buying bitcoin is good but risk is there because we don't know the price is fall again but the trader can do a short term that can really suitable for us but make your own research to know what is next near possible movement of the bitcoin.

el kaka22

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We are at around 38k right now which shows that if you bought at 34k, you could have profited few thousands already. That is why we should always look at bitcoin as something you should buy, does not matter what price, as long as you can buy bitcoin you should keep buying bitcoin, that is how you get into becoming a lot better in investing. So, we are talking about something that constantly gains value, even if the price goes down, the value always goes up, non-stop, maybe it is overvalued right now, maybe you should wait a bit more but we can't know that, the value is ever growing so it could be even higher right now, whereas price is at the hands of traders and investors so it could be higher or lower than the value.

So I would say you should always put money in, not just now but in general, so that you could end up with a lot of profit later on.

Adamini

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Quote from: Oshosondy on January 13, 2021, 04:17:58 AM

Trading is very risky, you will need to be an expert before trading. Go and learn trading very well to be able to analyse appropriately and make good predictions.

But as for me I will prefer to wait if it can fall to $30000 again, but as grayscale open investment for their customers, like the price may increase but not certain about this that is ready to go beyond $40000 for now. Which means swing trading and day tradingis the best for now but know they are risky, especially day trading.

Thanks for your advice. Here is my library card.

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Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?

If you're only asking if you can buy at this price, yes you can do it at any price not just $34k. If you haven't asked for any approval and you've just bought it. You're now $2k+ because bitcoin has reached once again $36k.

Quote from: Adamini on January 13, 2021, 04:12:14 AM

Any good suggestions?Or good trading operation sharing

Don't trade if you're even asking if it's good to buy at that price.

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Quote from: ryzaadit on January 13, 2021, 05:31:55 AM

When bitcoin 3,000$ everyone doesn't believe to buy it and tell to everyone #Crypto going to die.

Now, when crypto reaching an all-time high everyone starting to buying and asking is the right time to buy some crypto or bitcoin? because doesn't want to lose the opportunity. To be honest, I really like #Cryptocurrency but went you ask me did I will buy a cryptocurrency at this price the answer is a big NO. You are buying the tops, and become a FOMO, even you are told to use just doing a day trading but the risk still pretty high.

40,000 USD can be dump 8,000 USD with a single night, when the bubble blow up the dump can be more than that. If you want to good advice, start to buy bitcoin or crypto when some media or everyone tell you bitcoin/crypto is died.

Agree 101%. Buy when all news saying the market is dead.

jrrsparkles

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Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?Any good suggestions?Or good trading operation sharing

Yes you can whether for short or very long term it can be still good price but if you can't afford to lose your capital value then better don't invest at all since this is short dump after a long bullish trend so it will take time for sure to realize whether we hit the bears or just the correction.

inanilujimi

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Quote from: ryzaadit on January 13, 2021, 05:31:55 AM

When bitcoin 3,000$ everyone doesn't believe to buy it and tell to everyone #Crypto going to die.

Now, when crypto reaching an all-time high everyone starting to buying and asking is the right time to buy some crypto or bitcoin? because doesn't want to lose the opportunity. To be honest, I really like #Cryptocurrency but went you ask me did I will buy a cryptocurrency at this price the answer is a big NO. You are buying the tops, and become a FOMO, even you are told to use just doing a day trading but the risk still pretty high.

40,000 USD can be dump 8,000 USD with a single night, when the bubble blow up the dump can be more than that. If you want to good advice, start to buy bitcoin or crypto when some media or everyone tell you bitcoin/crypto is died.

agree with this, when all fud is focused on bitcoin that's where we have to buy, for now anyone can't predict the rise or fall of bitcoin movement, but what I know is that if you want to make a profit in the market, you have to accept the risks too.

Jawhead999

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The trading volume is still high, I think the market is still healthy and can recover to $40K again (even though just my assumption)

You can buy Bitcoin in anytime and any price, but better to buy it regularly/every day not in a single day because it will prevent you from huge loss. I'd say probably the lowest price in this month is $30K since there's strong resistance on $32K.

Bitcoin is very good for long term investment, even you bought on ATH... few years later Bitcoin will break his old ATH (3-4 years) and you need to be patient.

Quote from: aoluain on January 13, 2021, 07:29:58 AM

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Resize your images, it's too large.

BrewMaster

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There is trouble abrewing

it is impossible to predict any market specially bitcoin market.

but all the signs are telling us that what happened recently was a very healthy correction with some panic sells mixed into it.
it has also been in accordance with all the previous first stages of bull markets that we have seen in bitcoin. the correction size is also the same as before.

if all goes according to the plan, we will see this price level for more days acting as a nice bear trap to also shake out the weaker hands before the rise resumes another healthy spike towards $50k this time.

Fundamentals Of

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Quote from: wheelz1200 on January 13, 2021, 08:04:38 AM

Your best bet is to set hard intervals; once a week, once a month, once a quarter, etc and buy on those intervals. It takes the emotion out of buying and daily spikes up or down. And in the end you will be growing you portfolio. Trying to trade in and out usually just leaves you with less bitcoin and/or fiat. Just incrementally buy and #stacksats.

Or probably set as intervals those corrections which you consider more than average. Like for example right now the price has come down from more than $41,000. You may set aside a certain amount of fiat for this correction. Wait for the rally once again and watch out for that moment when the price starts to correct big enough before setting aside another amount for buying your next batch of sats.

wheelz1200

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Your best bet is to set hard intervals; once a week, once a month, once a quarter, etc and buy on those intervals. It takes the emotion out of buying and daily spikes up or down. And in the end you will be growing you portfolio. Trying to trade in and out usually just leaves you with less bitcoin and/or fiat. Just incrementally buy and #stacksats.

Fundamentals Of

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It is always better to prefer the long term rather than the short term. I think we have so many data and hard evidences which would support this preference. The overall chart itself of Bitcoin would argue that long term investment in it is much better than short term. And we can also easily hear stories of real-life traders who shared how they should have just hodled rather than trade.

Having said the above, I think you can purchase Bitcoin at the current price of $34,227. But whatever happens to the price, don't sell at a loss.

hatshepsut93

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With Bitcoin, there's never a 100% risk-proof move. Maybe this is the end of this rally and it will only go down from here. Or maybe it was just a temporary correction and it's your last chance to buy before the rocket continues its flight to the moon. If you can afford long-term investment, you can buy now and in worst case you'll have to wait some years, just like some of the people who bought at 20k in 2017 did.

This is why Bitcoin is making such crazy big moves that bring its investors big profits - they all come with risk.

aoluain

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Quote from: btc_angela on January 13, 2021, 06:22:31 AM

Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?Any good suggestions?Or good trading operation sharing

I really don't understand why you ask this, I mean you can purchase bitcoin anytime you want, specially today because we are in a healthy correction. Problem is people are waiting for the price to dip even further. As I have said, invest what you can afford to lose in this high volatile market and you will be good either long or short term. Of course the profit, regardless, it's really up to you, understand the risk involved.

Anyone can buy Bitcoin anytime. At times like these when there is a "correction"
or pullback the question arises, "Should I buy now?"

If anyone is interested in buying for the long term well then any time is a good
time to buy, Take a look at the two charts, one is a weekly chart and the other
is a 6 month chart. For long term Hodling its always beneficial to "Zoom out"
and look at long term movements especially since last years halving.

We all know we are currently in the Bull stages of movement and the general feeling
is that we will continue to be for at least this year.

So there are so many people looking at hodling who are focusing on Minute, Daily
and Weekly charts, they are mostly irrelevant.

If you are looking to buy with a view to trading, you can still buy at anytime and
start trading then. You will have to make your trades based on whatever price you
buy at.

STT

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Its a reasonable scenario to take part in, that the selloff this week has been an advantage to buy into now. When we are talking its only probabilities of various outcomes but its quite viable we can rise from here. I'll try to post a simple idea on a chart, just an idea we had some trend down and we now challenge that. If there is some consensus towards positive action we need to challenge 37000 roughly and confirm above this area, obviously in the magnitude of recent movements many will hope for great gains possible.

You could also weigh this oppositely, if we should fail in such a challenge is further negative then more probable and the trade is towards a price below such as 27k or similar. Its only an idea but I like simple ideas for having the best chance of widest recognition and significance in their success or failure.

btc_angela

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Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?Any good suggestions?Or good trading operation sharing

I really don't understand why you ask this, I mean you can purchase bitcoin anytime you want, specially today because we are in a healthy correction. Problem is people are waiting for the price to dip even further. As I have said, invest what you can afford to lose in this high volatile market and you will be good either long or short term. Of course the profit, regardless, it's really up to you, understand the risk involved.

carlfebz2

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Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?Any good suggestions?Or good trading operation sharing

It depends on how you do deal with your investment, if you do go for long term then entering this current price wont really be an issue but if you do go for shorter or do make some active trades
then analysis would really be handy on this time.This price is playing around 32-36k which you can really play with those movements but of course
you would really be needing to risk out.

For those who dont take risk wont really be gaining nothing and if you arent sure on what to do then its better go for long term.Better stick with btc
rather than on buying altcoins out there excluding those top ranking ones of course.

hugeblack

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Quote from: Adamini on January 13, 2021, 04:12:14 AM

Long term or short term band, can this price be purchased?Any good suggestions?Or good trading operation sharing

I highly recommend waiting two days to 10 days because the change in the price may be significant at these times. Then we can consider it a base for a new start of price.
Determine if no change occurs, so long-term buying (for a period of 6 months to a year) will be ideal from January 25 to the end of the month, after which we may witness slow growth, reaching ATH at the end of next November.

Generally, the price is unpredictable and you will risk your money so unless that money does not need a mechanism and you will not lose anything if you lose it, buy now or later, you will make profits in any case if you are a long-term investor.

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