Topic: I bought BTC at 23.5K$ - page 4. (Read 1664 times)
Wasnt there a similar thread in 2017 saying "I bought at 19k"?
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.
...he still has chances to get profits at this rally.
This rally has barely begun.
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.
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.
Everyone has a decision whether to buy at any point, we can say that he can save $20k if bought bitcoin in March.
If no one buys bitcoin at $23,5k, how it suppose to reach $24k? People buy bitcoins on purpose, to use it as a medium of exchange, for trade, or hold it for the long term.
$23,5k as an entry point for trading probably not the best decision, but he still has chances to get profits at this rally.
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?!
If you don't know on what you are doing and unsure about how things go with bitcoins on next following days better to sell your acquired asset when bitcoin reach for more than the value what you bought and secure your profit since if you listen to the hype and wait for long term might you will be left behind and became a one of the bag holders who wish for another series of pump came, to avoid this to happen then do a day trades for a while.
Welcome to the club! 
If events develop negatively, then you will be a member of this club for at least several years
However, for a serious long-term investor, this is an absolutely standard situation. In addition, now you can already sell part of what you invested in order to fix a small profit.
If events develop negatively, then you will be a member of this club for at least several years
However, for a serious long-term investor, this is an absolutely standard situation. In addition, now you can already sell part of what you invested in order to fix a small profit.
If you're really an investor who believes in the long-term potential of Bitcoin, any time is a good time to invest.
If you're merely a trader, trying to earn a little fiat by buying and selling despite trading expenses, your timing is probably not the best.
You had lots of time to buy below $10k earlier this year. You already missed those opportunities though. You may get another chance to buy below $20k but don't count on it. It's still better to get in now while it's still relatively cheap. It's almost certain to go a lot higher.
If you're merely a trader, trying to earn a little fiat by buying and selling despite trading expenses, your timing is probably not the best.
You had lots of time to buy below $10k earlier this year. You already missed those opportunities though. You may get another chance to buy below $20k but don't count on it. It's still better to get in now while it's still relatively cheap. It's almost certain to go a lot higher.
If you only just started buying bitcoin then your journey has only just begun. It’s not a bad thing but you’re going to have to be patient if you want life changing money. Buy a fixed amount every month & hold for at least 6-7 years, this is how you’ll need to play it if you want huge profits.
Not at all.and I guess, you already realize that you have mistaken.this is not right time to invest fund on bitcoin, although there is no problem if you buy that for trading.but i assume, you bought that for hodl and if so, they still have time to sold that, otherwise you'll face loss.hope this is a lesson for you and next time don't make same mistake and don't invest without any knowledge about that currency
I'm laughing so hard i swear, why didn't you buy at 15k or 13k? why didn't you buy at 18k? picking the ATH to buy is not a good choice and my words are valid only for this period of time. If you are going to hold for too long then it will be fine but if you are just a swing trader or you'll expecting to dump soon then pray that 30K$ will be around the corner, it's likely to happen but no guarantees and you are in risk if you ain't holding for long 
If you are asking whether it is a perfect time to buy a bitcoin then the answer is 50/50 because we are not yet sure whether the bitcoin will continue to increase it's price upon hitting the $23k price.
But what is sure is that we are not yet at the peak of the market even if the bitcoin has created a new ATH already because if we are going to check the other currencies,they are still at 50% at their old ATH so there is still time for the market to grow. What you can do is to hold your investment for long term one and don't panic whent the bitcoin price will go down as it is normal and it will surely to recover.
But what is sure is that we are not yet at the peak of the market even if the bitcoin has created a new ATH already because if we are going to check the other currencies,they are still at 50% at their old ATH so there is still time for the market to grow. What you can do is to hold your investment for long term one and don't panic whent the bitcoin price will go down as it is normal and it will surely to recover.
Buying btc at this price is too much for me, you could have waited for a retrace to get a very good price. Although if you are planning to hold for a long time then you do not have a problem because eventually, the price will go higher but if you are planning to have it short then you might need to be on alert to get out of this position.
The main thing is that this is not a fatal mistake, in the past people waited 2 years to make a profit. If the nerves are iron you can wait.
it's rather brave step because buying on the fast growing market is risky. in the near future there may be the price correction and you will have the opportunity for buying BTC at lower levels.
Maybe not, the Btc price movement started to increase significantly in the last 24 hours and there may be no correction to return to the low. but the OP has bought at a high price, I think he has dared to take a high risk by buying for $ 23k.
it's rather brave step because buying on the fast growing market is risky. in the near future there may be the price correction and you will have the opportunity for buying BTC at lower levels.
Buying at the top isn't always the smart decision to take, if you are a trader you should always look to buy low and sell high, not doing the opposite, but if your not buying it as a trader rather as an investor/long term holder, then your free to buy at any price you wish, because I believe either before the year runs out bitcoin might still be able to reach some new highs, I guess it might hit $30k before the year runs out, but next time try buying when it's not already at the top.
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?!
Good for you that you learn to invest your money into bitcoin, For me there's no perfect time to invest in bitcoin as long as you have enough money to trade and to buy and sell but if you are new in crypto currency i suggest you to learn something watch on youtube read news about bitcoin to gain knowledge and not to risk your money because you think it is good time to buy bitcoin most of people following something that they think is new and thinking that they can easily gain profit from it without learning it first. Taking the risk is high when you don't know how you can manage your coins. 
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?!
If you bought just to see a fiat profit, you may have to wait for a while.
My prediction is that in the next couple of months Bitcoin will swing between $19 000 and $23 000. There are holidays in the next two weeks and usually people are resting in January, with a more active market from March onward.
Thats some bold step you have taken, lot of people will not want to take that risk because the price is already very high, on the other hand, going by speculations btc is likely to go up to 50k, so if op is willing to be patient and hold strong am sure he will be happy.
If you are a beginner in my opinion it is okay if you have confidence and are able to predict the price of bitcoin will return up in the long term or in the next few months.
because with this you can help the movement of bitcoin for the better and maybe without us realizing that many people like them (OP) buy bitcoin at high prices because of their belief that bitcoin will continue to rise to reach the highest price even though it is risky but still their right due to the delay in getting to know bitcoin because bitcoin or other crypto is developing.
because with this you can help the movement of bitcoin for the better and maybe without us realizing that many people like them (OP) buy bitcoin at high prices because of their belief that bitcoin will continue to rise to reach the highest price even though it is risky but still their right due to the delay in getting to know bitcoin because bitcoin or other crypto is developing.
Jump to: