I bought BTC at 23.5K$ - page 3. | Bitcointalksearch.org

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: JTripathy on December 18, 2020, 01:08:37 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?!

It's not a perfect buy but it's still a good buy at that level, Bitcoin is not expected to go down $20k judging from the kind of momentum Bitcoin is having right now, if you are patient and you are good at HODLING your token then you have nothing to worry, one of thing that worries people is when they bought or invested on funds that they are not comfortable losing or they have to spend their saving investing in Cryptocurrency.

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

Quote from: KTChampions on December 24, 2020, 05:57:21 AM

The only thing to think about when investing in bitcoin is timing. If you invest free funds and are willing to wait several years, then you almost certainly will not lose. It is much more difficult to calculate if you invest borrowed funds - the chance of losing here is much greater.

It is true that buying bitcoin at the right time will have a better chance of making a profit. Investing can never be good if done in a hurry because the slightest mistake will cause unwanted losses. Investing is an activity that must be carried out very carefully and also with good judgment. Also the source of funds used as capital must be funds that can be received if our investment fails.

If the funds we use to invest in bitcoin are funds that we get from loans, then I think this investment will only increase the risk. Apart from the risks arising from price volatility, bad debt will be a second risk. I don't think it would be advisable if the funds we use are funds from loans.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Quote from: JTripathy on December 18, 2020, 01:08:37 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?!

hold strong buddy that's the only way to survive the great bear market that will be upon us after the bull run although the bull run did not cut across the alts as it usually does, at this point it will be difficult to say the direction of the market, btc already touched 24k and correct back, if your intention is to hold long term then this little dip or big dip should not bother you so much.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: acener on December 21, 2020, 11:37:38 AM

I think you should have a plan before entering the market or crypto currency.
Most of the newbie's are only jumping in with only a mindset that it would make them rich or give them profit but the question is how would they do it?
It is like holding your Fiat on your hand with thinking that it would just multiply it's own.
Did you bought it to hold it or to have a quick trade for it?
You should have thought about it already.

The only thing to think about when investing in bitcoin is timing. If you invest free funds and are willing to wait several years, then you almost certainly will not lose. It is much more difficult to calculate if you invest borrowed funds - the chance of losing here is much greater.

GelatikKembar

full member

Activity: 854

Merit: 100

The OGz Club

Buying bitcoin at $ 35k is a high risk if you hold for the long term, indeed many people predict the price of bitcon can reach $ 30k,
but that's all just a prediction, everything can happen, dumps can also happen.

malekbaba

legendary

Activity: 1526

Merit: 1026

SellDefi.com | Earn by selling files

Quote from: JahriMeayer on December 21, 2020, 01:56:50 PM

It may ok for long term cause bitcoin is doing well and can be expect good return for long term investment.but if you are a trader and trying to trade bitcoin, the you might be in double cause bitcoin price is turning into dangerous zone.already deacrease more than thousand of dollar, which isn't a good sign.hope you already read the replies on this thread and sold your btc, and hope you aren't in loss right now

No one knows when the bull run will be ended. May be it is only the beginning. I also expect massive bull run in this coming year. But time will say. If anyone have enough money or can wait, price of btc will grow and there will be profit in long term

JahriMeayer

sr. member

Activity: 1115

Merit: 253

DGbet.fun - Crypto Sportsbook

It may ok for long term cause bitcoin is doing well and can be expect good return for long term investment.but if you are a trader and trying to trade bitcoin, the you might be in double cause bitcoin price is turning into dangerous zone.already deacrease more than thousand of dollar, which isn't a good sign.hope you already read the replies on this thread and sold your btc, and hope you aren't in loss right now

TheGreatPython

sr. member

Activity: 2660

Merit: 339

I can't believe how many pages this has been already, it is such a funny story how everyone has a hindsight story here. OP started his topic on 18th of December and we are already at above 7 pages today in less than 3 days later.

Normally when someone starts a topic saying "bitcoin will be 23.5k dollars" everyone ignores it, they say it will not happen or they say it will take some time, but when someone does something you do not agree with, you have something to say about it. Here we are above 23.5k already, and dude profited already, that was a good decision making according to the price right now. I would have to say that bitcoin will also keep going up if you ask me, you could buy from 24k and could still profit from it as well. I would like to also point out that altcoins still haven't had a huge bull run of their own, you could check that out as well.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: ?? on ??

Quote from: JTripathy on December 18, 2020, 01:08:37 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?!

This will be seen from how much you intend to invest and believe the price will rise in time. If you hesitate to think about it then think about it first because this is very hard if you are not sure with all your heart.

If you really believe In Bitcoin and trust this ,There is no Price Barricade when to invest ,Look at those companies that Bought Bitcoin recently While the price is Bullying ,this one proof how Stablished people trust now and see the future of cryptocurrencies .

Bitcoin will be their Support in time that Economy Fell down hardly ,Maybe OP see's the same way though I doubt He will Because the other post above shared how we works In this market ,Meaning It is unbelievable that Bounty Hunter Like Him will Buy this Expensive when they had already knew the market flows ,High for Now and may low next days.

acener

full member

Activity: 1274

Merit: 115

★Bitvest.io★ Play Plinko or Invest!

I think you should have a plan before entering the market or crypto currency.
Most of the newbie's are only jumping in with only a mindset that it would make them rich or give them profit but the question is how would they do it?
It is like holding your Fiat on your hand with thinking that it would just multiply it's own.
Did you bought it to hold it or to have a quick trade for it?
You should have thought about it already.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: Untomabur on December 21, 2020, 10:33:23 AM

I hope you have sold it at $ 24k, because now the price of bitcoin has corrected to $ 22800,
either Bitcoin price will return to $ 24k or maybe it will fall even further before increasing.

We don't know what would happen, it could either fall or rise, but if you stick with your target, you might be able to see it when the time comes. IMO, it's not wise to buy when the price is pumping, it should be the other way around, and it's time to sell without hesitation.

I won't buy bitcoin at $23.5k, unless I am into day trading and I am good with that.

Untomabur

member

Activity: 669

Merit: 10

I hope you have sold it at $ 24k, because now the price of bitcoin has corrected to $ 22800,
either Bitcoin price will return to $ 24k or maybe it will fall even further before increasing.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: JTripathy on December 18, 2020, 01:08:37 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$? from Bounty reporting ?

https://bitcointalksearch.org/user/jtripathy-2820868

And I doubt that You have the Guts buying that much ,Bounty hunters Know the market well and even Selling their coins right away after being Paid so why on earth you will spend 23.5k usd when you have so much time buying early this year.

Quote from: kapalmabur on December 21, 2020, 02:38:20 AM

congratulations, it looks like you now have a profit of $ 400 if you buy 1 Bitcoin at the price of $ 23500,
because now the price of Bitcoin has gone up to $ 23900, the latest bitcoin resistance is at $ 24k,
if can break it, the Bitcoin price could reach $ 25k or more.

and what about this moment? the value drops 22K Grin

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: JTripathy on December 18, 2020, 01:08:37 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?!

That would be a Tough decision mate ,Knowing that 23k level is by far Expensive because we can But after correction happens.
Though i can't feel you since i Still have Mine that i bought back from 8k and below ,considering about the lowering of value after the Bullrun .

and Look today ,the Value down to almost 21k level again ,you have discounted by 2k if waited small time.

kentrolla

hero member

Activity: 1652

Merit: 569

Catalog Websites

Quote from: JTripathy on December 18, 2020, 01:08:37 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?!

Happy for you mate but bought in the wrong time, what actually its high risky that if you catch a running train, same applies in the market as well. BTC was going beyond its previous ATH so none of them know what might happen but that doesn't mean it will keep on increasing. If you are new please have some suggestions with some analysts or with your friends who have strong knowledge in Cryptocurrency. However wait patiently and see what happens but make sure you don't buy it again in the same price or in a small drop.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: Fortify on December 20, 2020, 10:39:28 AM

You're taking the most risky bet possible by buying at the top of the market. As we've seen in the past a few whales can easily tank the price of Bitcoin if they decide they want to take a profit - then lots of people panic sell and they buy back once all the dust has settled. If you are willing to buy at this price and not look at it again for another year, maybe it'll work out for you. However if you will dump at the first sign it is going down, then it is a very poor decision.

Whales can bring down the market, but only for a short time - they cannot reverse the trend. Therefore, if he guessed right (or is simply ready to invest for several years since he invested free money), then in any case he will be in the black, the only question is the timing.

kapalmabur

sr. member

Activity: 2002

Merit: 250

congratulations, it looks like you now have a profit of $ 400 if you buy 1 Bitcoin at the price of $ 23500,
because now the price of Bitcoin has gone up to $ 23900, the latest bitcoin resistance is at $ 24k,
if can break it, the Bitcoin price could reach $ 25k or more.

STT

legendary

Activity: 4102

Merit: 1454

So long as there is new buyers you are ok, as soon as people feel its already gone too high or its 'expensive' then we stop there I think. Alot of this price must be speculative moneyatary flows from weak dollar FIAT and the idea that government overspends. So imo we stretch prices like elastic and it will snap back into place at some point, arguably some change is truely permanent and we rise long term but imo its over done right now.

Here I put price on 1hr bars, blue line would be the 2 day average which marks our lows. We are above a daily trend rise and the fib levels are the initial peak and low to this current move, again we are quite bullish above this first high with it staying as a low for now.

I should put a small note I was considering a buy around these levels but only as a trade and I would use stop loss, we are reliant on momentum imo but 30k is target I hear some say and I need to listen more on that tbh

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: ?? on ??

Why u are waiting for?
few days ago btc was 20k, you can save 3.5 instantly.
On my mind your decision its not right in this moment. I hope i am wrong.

Let them choose what they think is best because it will only lead to either learn from it or gain from it. There's no mistake of choosing when to invest, the only mistake is if never learn from your mistake and that is if OP sell low because he's already buying it during high. But, who knows if he wants to plan for a long term investment instead of dumping during this bullish season? It's up for him since I think he's aware of what's happening in the market that's why he invested it during high.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: UnDerDoG81 on December 20, 2020, 01:05:18 PM

Wasnt there a similar thread in 2017 saying "I bought at 19k"?

Yes, there is Cheesy

https://bitcointalksearch.org/topic/i-bought-at-19k-now-what-2889212
and some good reads about people who bought on 19k topic on following year https://bitcointalksearch.org/topic/i-wonder-are-there-ppl-here-who-bought-btc-when-it-was-19k-4342262.

We would continue to see these kind of threads in future when someone do bought in the price of 29k, or in every 5k price movement.
People do have these kind of questions doesnt even know on what they've been dealing on.

Topic: I bought BTC at 23.5K$ - page 3. (Read 1664 times)