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Topic: I bought BTC at 23.5K$ - page 8. (Read 1664 times)

hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
December 18, 2020, 06:45:42 PM
#31
well if you go in and buy bitcoin when the price is high like this then you will get ready to get stuck at a high price and of course it will happen at the end of 2017 which will make a lot of rich people depressed and lose money because the price of bitcoin collapses very deep, so still be careful because the key to trading is to buy when the price is low and sell it when the price is high the current price is perfect for selling because I bought bitcoin when the price was still $7k.
legendary
Activity: 2030
Merit: 1189
December 18, 2020, 06:42:38 PM
#30
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 might feel cheated and frustrated that you bought BTC at 23.5K but I get it - you didn't want to miss out.
Rest assured, BTC has no resistance and my speculation is that if you pay attention to the market you might even be able to make a profit. Why?

I believe that another wave is coming and it is a only a matter of days if not hours. I think the next 24h will set a new ATH for BTC, so maybe worth keeping a close eye on the market for now.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
December 18, 2020, 06:31:40 PM
#29
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?!
What? You are taking ATH as the price to enter the market and that's the worst decision that I have ever seen. You should have learned the trade before try to buy anything from the market.
You should learn about how to be patient waiting for the dump to occur. You have been making a bad decision.
Keep in your mind if you must buy bitcoin when it was going down. Buy low sell high
full member
Activity: 1130
Merit: 133
December 18, 2020, 06:12:09 PM
#28
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?!

Actually, this time is very risky, we don't know when the pump and dump will happen. But if you are sure about the decision you choose, it won't be a problem. Even though the price of bitcoin has touched $ 23,000 it will still be able to go up in 2021.
totally agree with you,  i am thinking if i was big investors from finance institution. they will not buying bitcoin in high price, although its have high risk it also contain minimum profit potency if compared if we wait for retracement . many expert said bitcoin will touch higher price in next year, and buy at that level must totall hold and we must maintain our mental and psychology when look small or big correction.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
December 18, 2020, 05:49:31 PM
#27
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?!

I think you bought it at a very high price for now but it doesn't matter, because I believe Bitcoin price will continue to increase slowly and my prediction if the price of Bitcoin can reach $35k (but maybe it will take a long time), so I recommend you to still hold your Bitcoin for a long-term, because if there is a possibility that next year cryptocurrency will experience a bull run, then I believe the price of Bitcoin can increase very high from the current price.
member
Activity: 812
Merit: 10
BountyMarketCap
December 18, 2020, 05:43:35 PM
#26
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?!
I praise your courage and passion towards bitcoon and hopefully your decision will prove to be good for you in future especially I want to appreciate you because few days ago people here were talking that who will buy btc over 20k so they would have got the reply now that it is the community and public at large that will buy because they will find it attractive to invest.
full member
Activity: 1190
Merit: 117
December 18, 2020, 05:27:23 PM
#25
The right time to buy Bitcoin when there is a correction, if you end up buying Bitcoin at $ 23,500 it is a very risky decision in my opinion.
It is true that the possibility of a Bitcoin pump price is very large, in fact I predict the price of Bitcoin could reach $ 50,000 in 2021.
However, there is still a possibility that the Bitcoin price will be dumped, as happened in 2018. So for those who are planning to buy Bitcoin,
better wait for the Bitcoin price to fall. At least my advice is the right time to buy Bitcoin if the price of Bitcoin drops to a price of $ 18,000.
hero member
Activity: 966
Merit: 500
December 18, 2020, 05:18:40 PM
#24
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?!

my friend, if you bought something you should have a strong reason,
but, if you bought bitcoin at $23,5k thats not a big problem, if you believe if the price of bitcoin will growing more and touch about $50K or more in long term
The first rule, buy what you can afford. don't be too pushy and don't get carried away. maybe bitcoin is a very profitable investment, yes! but we also have to be wise in buying it. I think buying bitcoin at a high price is not wise, you can find another time unless you are on a day trade
legendary
Activity: 2268
Merit: 1655
To the Moon
December 18, 2020, 05:17:07 PM
#23
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 buying Bitcoin on high, you should set a specific goal for yourself. If this is a long-term investment, you need to transfer your BTC to a cold wallet. And if you set a goal to sell more expensive, then you need to immediately open a sell order and no longer adjust it.
sr. member
Activity: 2254
Merit: 258
December 18, 2020, 05:14:32 PM
#22
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 it's additional to what you've had it's ok provided that Bitcoin is not going through a correction period much lower than when you purchased it,
I hope what happened to those who bought in the 2017 all time high will not happen to you, but I guess there's no stopping for Bitcoin to skyrocket because of the many development.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
December 18, 2020, 05:09:32 PM
#21
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?!

my friend, if you bought something you should have a strong reason,
but, if you bought bitcoin at $23,5k thats not a big problem, if you believe if the price of bitcoin will growing more and touch about $50K or more in long term

I hope he has no urgent needs with the money, because if he does, he will go crazy watching the market especially it is now below 23k. But it is going back up again. I guess, he's praying hard that the btc price will go high than 23.5k again.  Tongue But if you are a long-time crypto user, you know for yourself that btc can go higher in the next coming years. So keep the faith!
sr. member
Activity: 1092
Merit: 250
Hodlers Network
December 18, 2020, 04:58:46 PM
#20
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?!

my friend, if you bought something you should have a strong reason,
but, if you bought bitcoin at $23,5k thats not a big problem, if you believe if the price of bitcoin will growing more and touch about $50K or more in long term
member
Activity: 938
Merit: 13
AMEPAY
December 18, 2020, 04:37:12 PM
#19
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?!
I would say that it is still the start of next mega bull run so you have done the right thing or else you would have to face the risk of missing out on massive profits. I still think that a large public will fomo in when btc will be over 50k and then more when it will be over 100k.
hero member
Activity: 2842
Merit: 772
December 18, 2020, 04:35:52 PM
#18
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?!

I think for now that will be the top price of bitcoin, because after hitting it, there's no more push to the price. What I'm saying is that we could encounter some resistance and would settle around $22,500, unless there's enough whales again.

There is no perfect time to enter the market as we can't really predict the future. The best thing for you is just HODL on your BTC. Don't do something stupid like selling it right now because obviously, you will lose and not make any profits.
sr. member
Activity: 1638
Merit: 261
December 18, 2020, 04:22:34 PM
#17
If you are a long term investor then it's fine there is no good or bad time for long term investors but if are someone who are looking for a short term gain then I would say it's a gamble which you have got into, I don't want to demotivate you but please take suggestions from experts and forum members before investing in bitcoin when it's at peak.

Make sure you monitor the market very closely if you are here for short term gain else it won't take fudders long time to make you panic sell.
full member
Activity: 368
Merit: 107
December 18, 2020, 04:19:08 PM
#16
If you have money, it is up to you to decide. A good time to buy Bitcoin is if you are a trader. Or if you are an investor, you may be doomed. This market may not rise very high from now on. There are many more possibilities to fall. That is what the previous year's theory says. Think again and make up your mind, but it will be good advice for you.
hero member
Activity: 2366
Merit: 504
December 18, 2020, 04:08:56 PM
#15
if you plant to hold it for a long time for example holding until the new ATH reached maybe in another year it's maybe gonna worth it but buying at the peak of the chart like this is always bad idea.

I mean why you just try to buy it when we've already reached new ATH though. arent there plenty of times before price rally where BTC is "cheap" enough? Maybe just wait until another correction?
member
Activity: 775
Merit: 11
December 18, 2020, 03:56:33 PM
#14
Why not buy at least in the last week? while bitcoin in the past week has been in the range of $ 18k - $ 19k, while currently btc is $ 23k. It's a long way off, but I'm amazed you took such a high risk. but it doesn't matter as long as you trust and hold on to it for the long term.
member
Activity: 118
Merit: 11
December 18, 2020, 03:12:43 PM
#13
It is a bad entry if I may say, at that point some doing short are already taking profit, you should have waited for a possible correction to get the right entry, all the same the deed is done already, you only need to hold and hope for a better surge but that might be at a long.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
December 18, 2020, 03:07:22 PM
#12
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?!
Not bad considering the bulls market heating up and expected over 10x gains but I will suggest you to hold for atleast a year for good gains and lastly I want to ask where were you? I mean you had the chance to buy btc under 10k for 2 to 3 years and you are buying now anyways good luck.
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