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Topic: I bought BTC at 23.5K$ (Read 1664 times)

sr. member
Activity: 1890
Merit: 252
January 02, 2021, 10:05:45 AM
I am sure he is very lucky, buying Bitcoin at $ 23.5k was a good thing in the past year,
especially now that the price has reached $ 30k more, do you still hold Bitcoin OP? or have you sold it? nice to hear if you give me this answer  Grin
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
January 04, 2021, 10:54:20 AM
You bought btc at 23.5K $
and now the btc price is 33k $
are you going to sell it now?
Or will you still hold it?

Considering that the author of the topic entered bitcoin quite late, most likely he is a new person for the crypto. In this case, it is quite reasonable to fix most of the profit - after all, in any other area, such an income in such a short time is considered very large. I don’t think he’s ready to wait several years (if there is a major correction) to get even more profit.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
January 04, 2021, 10:10:49 AM
By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!
You bought btc at 23.5K $
and now the btc price is 33k $
are you going to sell it now?
Or will you still hold it?

OP does not anymore reply here, I hope he was able to make a decision to purchase bitcoin during the time he create this thread. Happy to know what OP did, if he will sell at a current price, it's already a good profit, but if he will hold longer and wait, there's a risk that the price will dump and he will missed selling it, that happened in the past, sometimes greediness made us look away the opportunity in front of us.
member
Activity: 546
Merit: 11
BountyMarketCap
January 03, 2021, 03:56:47 PM
By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!
You bought btc at 23.5K $
and now the btc price is 33k $
are you going to sell it now?
Or will you still hold it?
legendary
Activity: 1526
Merit: 1026
SellDefi.com | Earn by selling files
January 03, 2021, 03:03:28 PM
By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!

No one knows the limit where btc will go in this bull run. Where it will stop and start falling. It is always risky to invest in crypto, but each successful trade starts with uncertainty. I never think btc would touch 30k in recent year. I am happy even though I was wrong.
legendary
Activity: 1512
Merit: 1011
January 02, 2021, 10:12:13 PM
By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!

Already turned good for you Smiley

I didn't dare to buy new coins at $19 000+, but I'm okay. Everybody should know his place and capabilities, and it wouldn't be acceptable in my financial situation.
hero member
Activity: 2716
Merit: 552
January 02, 2021, 06:21:36 PM
At this current Btc price, does people who doubted $20,000 is an expensive buy still consider it really expensive?
This is exactly the same complain when Btc was still worth $1,000.
I'm not sure, but I think people would always complain like this as Btc keeps on rising and breaking new ATH.
There'll be time that $50,000 worth per Btc will be considered very cheap.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 02, 2021, 06:03:46 PM
I am sure he is very lucky, buying Bitcoin at $ 23.5k was a good thing in the past year,
especially now that the price has reached $ 30k more, do you still hold Bitcoin OP? or have you sold it? nice to hear if you give me this answer  Grin
l think also that he is very lucky, that is why it doesn't matter how much money is BTC, every time is so great for buying BTC. It would be better to buy at 10k or smaller than 23.5k, however as l said it is still good. In my humble opinion BTC will be higher than 25k and maybe this year BTC can reach 30-40k. If l bought BTC at 23.5, l would hold it still till the end of this year Cheesy maybe longer than l said.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
January 02, 2021, 01:10:13 PM
By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!
You got more than 45% ROI in less than 15 days? That what I call a gooddamn investment with double o yeah!
2021 officially removed the ATH from 2020 and returned its name to the covid year!
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
January 02, 2021, 05:54:26 AM
not everyone can make that decision. however buying at the new ATH price is a pretty tough thing to pick up. however, I think the OP has had a big advantage at this point. if he buys 1 bitcoin, the profit he gets right now is quite large, even I feel the price of bitcoin will exceed the price of $ 30k.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
January 02, 2021, 05:30:48 AM
A belated job well done to you then OP! I distinctly remember being on an online chat right about the time BTC broke the $19800 or thereabouts ATH (CoinDesk I believe pushed out the breaking news alert) and people were saying how they regretted not getting BTC right then and there instead of waiting for $15k dips that just never came.

So they missed out on 50% gains from that day because they wanted to "save" a few thousand dollars. At the point BTC does go to 6 figures, all the dip-buying won't make much of a difference now.
sr. member
Activity: 1344
Merit: 270
December 30, 2020, 10:09:41 AM
Most perfect choose you have chance to buy bitcoin at $23,5k because I think at end year always bring bad for bitcoin but not in the end of this year, just waiting few days bitcoin reach above $30k. I don't prediction bitcoin could reach more than $30k because I think is enough for bitcoin raise only on $22k and then continue for going down before raise to higher price next year maybe, but my prediction was wrong because bitcoin have strong going to higher price before 2021.
full member
Activity: 2520
Merit: 204
December 30, 2020, 03:55:50 AM
By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!
When i first saw this thread posted ,i did not comment as i want to see what happen sooner before i will react , that moment Bitcoin price is struggling to even touch 25,000$ so my prediction is that OP will fail in his intention as days closing to year end.

But seeing it again now? Congratulation is what i wanted to deliver because he had earn 20% from His initial investors seeing Bitcoin crossed $28,000 earlier.
Op is really a strong person, because very few have got the mind to risk investing at a higher price. No one is sure about the growth. Reaping the profit investing at its ath is awesome. The trend of this year is completely different from the previous bull market. The volume rising everytime is good to push the price high and high. Hope the growth continues, and now more people will be thinking of an altcoin trend change.
And all His effort and risk is paid off, this is the best example how will the Bitcoin Believer become successful over the years ,because Bitcoin never fail what we expected.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
December 30, 2020, 03:47:23 AM
Hopefully you will earn a profit by buying bitcoin and it will continue to increase more next year. Only 2 days and we see the new year and we are hoping the price will go to 30k dollars in the first month of 2021.

The crypto investors are holding the bitcoin because we believe it is not the end of the rising but it the starts and it really happens because base on my observation many people keep investing, promoting and supporting the bitcoin.
He bought it for $ 23K and today the bitcoin price has hit $ 28K. His decision to buy at $ 23K was right. If he had 1BTC and sold it today, he would have earned it for around $ 5K. and what we all hope for is, bitcoin hit $ 30K at the start of the new year.
legendary
Activity: 3766
Merit: 1217
December 30, 2020, 12:13:21 AM
Right now Bitcoin is trading at around $28,000 per coin, and therefore the buyer is already at a profit of $4500 per coin or close to 16%. If the user doesn't want to take anymore risk, then he can immediately liquidate his holdings. After the tax cut and exchange withdrawal fees, he'll still get around 10% ROI. But I would recommend holding the coins for another 3-4 years and a target of $100,000 can be set for the long term.
sr. member
Activity: 1624
Merit: 267
December 29, 2020, 11:42:17 PM
Hopefully you will earn a profit by buying bitcoin and it will continue to increase more next year. Only 2 days and we see the new year and we are hoping the price will go to 30k dollars in the first month of 2021.

The crypto investors are holding the bitcoin because we believe it is not the end of the rising but it the starts and it really happens because base on my observation many people keep investing, promoting and supporting the bitcoin.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
December 28, 2020, 05:30:16 PM
$ 23.5k? that's a very good level because you bought it there,
and if you are still holding you have already got 10% profit, because the bitcoin price is up to $ 28k,
and it is likely to continue, I hope you don't sell it for less than $ 25k.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
December 28, 2020, 09:48:52 AM
Sounds like the OP got a great deal! Any bitcoin buy in the low 5 digits is gonna look like a brilliant move within the next few years, or even a year from now.
Bitcoin price will increase more in future but we might see volatile movement in between. So buy bitcoin with the money what you can hold for long term then keep breathing. OP bought bitcion while it reached good position already, but the price still rising. Probably he have made good decision. And he is at good profit now even in short term. Though most of us believe that it's not good time to invest in bitcoin while the price increasing rapidly. But people also says, ‘it's never late to buy bitcoin.’
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
December 28, 2020, 08:29:39 AM
5k at its peak. Interestingly, OP will write how he acted after the purchase, personally, it would be interesting for me to observe the actions of a new investor when such a situation occurs - in a short time the profit is received and it can be fixed. Which will turn out to be stronger - greed (the desire to get even more profit) or calculation? I don't even know how I would have acted in his place.

Greed is sometimes the reason why we fail and I understand investors especially a newbie who have a little investment because they want multiple increase to get a decent profit, for some, a 10% increase is already huge but for small investors who invest like $1,000, that's only $100 so it's not really that satisfying, hence they'll continue to hold and maybe hope for an increase of x10 or more.

I agree with you, but if we proceed from this logic and take into account that the market is driven by large players, then the corrections and relatively "small" growth are quite explainable. Big players fix a small profit (30-50%) on large volumes. In this situation, small players are only forced to wait or increase their position on corrective movements.
hero member
Activity: 2240
Merit: 848
December 28, 2020, 01:04:37 AM
Sounds like the OP got a great deal! Any bitcoin buy in the low 5 digits is gonna look like a brilliant move within the next few years, or even a year from now.
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