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Topic: Is It Still Ok To Buy BTC At $43875 ? (Read 395 times)

hero member
Activity: 2184
Merit: 599
January 20, 2024, 12:04:02 PM
#49
Is It Still Ok To Buy BTC At $43875 ?
If that's the question, of course we have to go back to speculation a few years ago, where we had to catch the ATH that had happened before, we understand that the price of $43k is not the expected price for the ATH Bitcoin this time, where bitcoin has touched the $61k level, that means changes will occur when the new ATH will occur.

I'm sure there are some speculations that I believe, the price of $43k is a price worth considering, you can still make a decision about that, reaching a price of $70-$80k is still a big possibility in the future, so for me there is no doubt about buying at $43k, unlike Altcoin, of course I have no advice for Altcoin.
Every bitcoin price that is still far from its old ATH is very good for making purchases or continuing DCA or accumulating bitcoin at prices like today, after all, our expectations and market reactions will be much better in the future especially after institutions enter the bitcoin market, this will be a big competition between institutions in accumulating bitcoin, so before everyone hunts for more bitcoin then we need to make purchases, ATH which many people predict is more than $100k, so for this purchase it will be very profitable if you make a purchase.

I am also the same when it comes to altcoins, although I am also among those who buy altcoins but I dare not suggest altcoins to others.
legendary
Activity: 2128
Merit: 1775
January 19, 2024, 10:06:21 AM
#48
Is It Still Ok To Buy BTC At $43875 ?
If that's the question, of course we have to go back to speculation a few years ago, where we had to catch the ATH that had happened before, we understand that the price of $43k is not the expected price for the ATH Bitcoin this time, where bitcoin has touched the $61k level, that means changes will occur when the new ATH will occur.

I'm sure there are some speculations that I believe, the price of $43k is a price worth considering, you can still make a decision about that, reaching a price of $70-$80k is still a big possibility in the future, so for me there is no doubt about buying at $43k, unlike Altcoin, of course I have no advice for Altcoin.
legendary
Activity: 2674
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January 19, 2024, 04:52:17 AM
#47
I do not mean about figuring out the time frame of bear market is easier , but it is not as impossible as you think it is, we are not in the bear market now, we are in the bull market give or take, it has already gone up a lot from the bottom. I am not saying don't buy now, but I am just saying where we are with the market, reading it is hard, but living with it will definitely tell you where you are in something.

So we agree then, reading the market is hard Smiley It's always easy on hindsight, but even as we were posting over the past 2 days price already hit 1 month bottom, and looks like could go down more for a 2 month low. Doesn't sound like a bull market, right? But that could change tomorrow Wink

It's ALWAYS good to buy with DCA.
Even I am not against DCA, I would suggest to go one shot buying when bitcoin trades 80% down from ATH. This happened in 2014 and 2018 and then in 2022. That must be a "good" buy for both short and long term investors for sure.

DCA takes care of the worry and watching and waiting. That's the best thing about it. Trading or watching requires investment of time, and you can still get it wrong, or miss the small dip window and then you get frustrated. IF you DCA you always take advantage of whatever price it is in bear periods. You might miss out on big 80% discounts, but you make up for it by taking all the good 30% discounts, for example.
sr. member
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January 19, 2024, 03:51:24 AM
#46
Just know that if you’re going for other altcoins because you think that the bitcoin price is very high now, just know that you’re in for gambling and that can make you lose all of your capital putting into it. Bitcoin is more secure and with an investment in it, your funds will be secured for as long as you don’t panic into selling at a loss, the price will definitely go up and you’ll be glad you invested in it instead of some altcoins that you’re not certain of it’s future after investment in them.

The price of Bitcoin has recently been dumped and followed by altcoins, I think the safest choice remains BTC. However, if the OP wants to also go into altcoins, I think that's each of us's right to just give an idea. Yes. Prices are currently falling again and this condition is an opportunity for more buying and usually within 3-5 days after we will immediately see market recovery.
sr. member
Activity: 434
Merit: 199
January 18, 2024, 02:11:53 PM
#45
Edited Subject -


Not really know if i can buy or go for other alt coins

What is stopping you from buying when the price keeps hitting the target price you’re asking to buy from and also goes down that price. The market is very volatile now and it won’t take much for it to become stable again. And if that happens, I don’t think you’ll get to buy at a price that is as low as what it is now.

Just know that if you’re going for other altcoins because you think that the bitcoin price is very high now, just know that you’re in for gambling and that can make you lose all of your capital putting into it. Bitcoin is more secure and with an investment in it, your funds will be secured for as long as you don’t panic into selling at a loss, the price will definitely go up and you’ll be glad you invested in it instead of some altcoins that you’re not certain of it’s future after investment in them.
hero member
Activity: 2520
Merit: 783
January 18, 2024, 07:40:47 AM
#44
Yes it is still okay to buy, but the thing that you should do is dollar cost averaging, in layman's terms, you buy a small amount of bitcoin from time to time depending on the current valuation of bitcoin with the USD, buying less when it's higher than usual and buying more when it gets lower, you're basically putting coins in a coin bank consistently but the coin bank is going to give you more if you try to fill it in for the long-term, trust me OP, when bitcoin reaches a new all-time high, you're going to wish that you've brought at that price.

Yeah, DCA could be a good strategy, and I think at this point, it is still good to buy before the halving. We al know that halving is the catalyst for a bull run, so we might as well get inside prior to that activity. Nevertheless, as long as we can stack up sats in whichever way we can, we are still good no matter what.

Just be a long term holder though, and not panic and sell unless you really need to. Everyone is willing to scoop the bitcoin that we are selling, we have whales, institutions and even average joe at the side taking advantage if we sell as bitcoin is getting scarce after the halving.

Not could but rather a really great strategy to use since anyone can execute this that's why many people talk about it since it can be used by anyone. Doing this in this season is somehow a perfect situation to do since provably we can get rewarded especially if halving can trigger a bull run event just like happen in the past. So for people still thinking about doing this much really better if they could do it now since bitcoin is having a good day and been stable at $42k for a while so maybe this is somehow a good insights for people finding a good position to enter.\

Long term holding need huge mental strength if people considering to do this and if they really want to adopt this option since for them they can't wait for long years for bitcoin then see the result of their investment for it then for sure there's high chance for these people to get rewarded but they should not think as easy as that since they still need to gain proper knowledge so that they can get bothered by any activities happening in the market.
hero member
Activity: 2632
Merit: 833
January 18, 2024, 06:59:12 AM
#43
Yes it is still okay to buy, but the thing that you should do is dollar cost averaging, in layman's terms, you buy a small amount of bitcoin from time to time depending on the current valuation of bitcoin with the USD, buying less when it's higher than usual and buying more when it gets lower, you're basically putting coins in a coin bank consistently but the coin bank is going to give you more if you try to fill it in for the long-term, trust me OP, when bitcoin reaches a new all-time high, you're going to wish that you've brought at that price.

Yeah, DCA could be a good strategy, and I think at this point, it is still good to buy before the halving. We al know that halving is the catalyst for a bull run, so we might as well get inside prior to that activity. Nevertheless, as long as we can stack up sats in whichever way we can, we are still good no matter what.

Just be a long term holder though, and not panic and sell unless you really need to. Everyone is willing to scoop the bitcoin that we are selling, we have whales, institutions and even average joe at the side taking advantage if we sell as bitcoin is getting scarce after the halving.
legendary
Activity: 2996
Merit: 1132
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January 18, 2024, 05:02:34 AM
#42
Can YOU tell when the bear market is here? Is it now? Isn't it supposed to be a bull now? You don't know, do you?
I mean it is not really that difficult to guess when the bear run is here, when the price is 80% down, you know the bear is there. I mean when the price goes from 68k to under 20k, you know that is bear, you can see it, you are aware of it, get it there and hold it until it goes over ATH again, when it is back to 70k then you can consider selling, it may go even higher but you already made your profit that way.

I do not mean about figuring out the time frame of bear market is easier , but it is not as impossible as you think it is, we are not in the bear market now, we are in the bull market give or take, it has already gone up a lot from the bottom. I am not saying don't buy now, but I am just saying where we are with the market, reading it is hard, but living with it will definitely tell you where you are in something.

DCA guys. Look it up. Practice it. Forget trading, forget ever asking again if BTC is ok to buy at ABC price.
DCA might be possible for the people who are into a regular income stream. I am into DCA all the year as I get paid in bitcoin and I just hold it. People usually look to trade bitcoin to generate an income stream. So, such people may not adapt DCA.

It's ALWAYS good to buy with DCA.
Even I am not against DCA, I would suggest to go one shot buying when bitcoin trades 80% down from ATH. This happened in 2014 and 2018 and then in 2022. That must be a "good" buy for both short and long term investors for sure.
sr. member
Activity: 1484
Merit: 323
January 17, 2024, 12:25:08 PM
#41
Yes it is still okay to buy, but the thing that you should do is dollar cost averaging, in layman's terms, you buy a small amount of bitcoin from time to time depending on the current valuation of bitcoin with the USD, buying less when it's higher than usual and buying more when it gets lower, you're basically putting coins in a coin bank consistently but the coin bank is going to give you more if you try to fill it in for the long-term, trust me OP, when bitcoin reaches a new all-time high, you're going to wish that you've brought at that price.
sr. member
Activity: 1624
Merit: 341
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January 17, 2024, 10:10:07 AM
#40
What you need to know is that every trader always has their own way of managing trades. Develop a trading plan that is simple and suits our character, never be influenced by other traders, because it will not help us with long-term goals.

So, talking about price, maybe the BTC price you mentioned above, namely $43,875, is still very suitable to buy. and if you pay attention the price is currently rotating, namely $42,692... So don't hesitate, friends. However, if you really like it, look at others, for example Altcoins, only good altcoins that will survive the current trend.
legendary
Activity: 2674
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January 17, 2024, 04:01:21 AM
#39
the best time someone can invest in Bitcoin is when the market is in bearish and then whenever you invest during such.

Stop selling the nonsense about buying when price is at the lowest. Buy low, sell high, we get it.

Bitcoin trading is really not for the mainstream. Can YOU tell when the bear market is here? Is it now? Isn't it supposed to be a bull now? You don't know, do you? So what's the point of advising this nonsense?

DCA guys. Look it up. Practice it. Forget trading, forget ever asking again if BTC is ok to buy at ABC price.

It's ALWAYS good to buy with DCA.

It is obvious that you are going to be a beneficiary of it in future because the increment of Bitcoin does not take much time before the price started increasing from one figure to another, what I understand in Bitcoin is that if you have a plan and target exactly when the market will be rough and the invest immediately you are opportune to make a very big profit whenever the prices get increase more than what you bought your bitcoin for investment, that is why it is good to invest when the price is low so that you make a very big profit whenever the price rise

I hope your campaign manager sees the nonsense you're posting. One long sentence that means zero and contributes nothing. You guys really spoil the Bitcoin section.
sr. member
Activity: 2380
Merit: 366
January 16, 2024, 09:39:39 PM
#38
If I were you I would buy Bitcoin and then set a long term for hodling. Buying Bitcoin at $43,875 doesn't give you a quick profit. If you are thinking of easy and fast x2 or x3 or more of your investment, Bitcoin is probably not your thing. But if you are only thinking of a safe way to invest your money regardless of the time frame for its growth, Bitcoin is of course the best choice.

There might be an altcoin that offers you a quicker growth for your investment but the challenge is to accurately find that coin or token. Altcoins are generally risky compared to Bitcoin.
sr. member
Activity: 2422
Merit: 267
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January 16, 2024, 07:41:37 PM
#37
When facing the situation of entering the halving era, which will soon come, of course you need to analyze well beforehand. The possibility that there will be a correction is always open, so you can just wait for the situation to correct before making a purchase.But in my opinion, to be able to buy BTC as a long-term investment, at whatever price, it certainly doesn't matter because it is certain that the price will increase more than the price when buying. The most important thing is that you need patience to wait for it.Actually, now is the right time because, looking at the past situation, 4 years will happen soon. Don't hesitate to buy it and hold it.
hero member
Activity: 1498
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January 16, 2024, 05:12:56 PM
#36
Bitcoin is always a risky investment with high volatility but also a very good investment if you are willing to accept it is a high risk gamble which could pay off, Buying from 43K+ still chance to gain huge in short times, BTC already jumped more than 140% in the past year 2023 cause of global issues it has a chance to hike 50K+ within Apr 2024, but you also have to accept that there is a strong chance you could lose all of your money too. now decision is yours to jump on or not.
the best time someone can invest in Bitcoin is when the market is in bearish and then whenever you invest during such. It is obvious that you are going to be a beneficiary of it in future because the increment of Bitcoin does not take much time before the price started increasing from one figure to another, what I understand in Bitcoin is that if you have a plan and target exactly when the market will be rough and the invest immediately you are opportune to make a very big profit whenever the prices get increase more than what you bought your bitcoin for investment, that is why it is good to invest when the price is low so that you make a very big profit whenever the price rise
legendary
Activity: 1288
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January 16, 2024, 04:08:38 AM
#35
If you remember what the last ATH price was - you probably don't need to worry about buying or investing in bitcoin right now. Currently - bitcoin is still at -32% of its previous ATH, so this is a low price that you should consider entering rather than waiting for a correction.

I know - you may not want to buy high, but I can say that as long as the price is still lower than the previous ATH then it will always be considered the low end of the price range. So - clear your doubts and start collecting sat.
This is just the simple truth and I think it is what people need to consider before buying bitcoin rather they concentrate in other things. The all-time high of Bitcoin is about $69,000 and currently Bitcoin is below $50,000 which makes it a very good time to buy. The reason it is still fair to buy at this price is because even if Bitcoin surpasses its previous all time high, it is not going to stop there, it will definitely move further to make a new all time high which means more percentage to your holding. I know that the current price would be somwhat reluctant for anyone who has witnessed bitcoin last year at the range of $15,000. But then if anyone misses 15,000, they should not also means to enter at the 40,000 because the market might not reverse again till it makes a new all time high.

The market is still fairly nice for both short time investors and long time investors, especially as there are news of beautiful market in the future where the US government has approved the ETF Bitcoin and also bull run is on the way. Few days ago, the market was dragged so much down, so it is a buying opportunity for everyone. From 47k to 42k.
sr. member
Activity: 2226
Merit: 347
January 11, 2024, 02:59:17 PM
#34
Before venturing into crypto --make a strong decision rather than confusion because this will lead you to where it goes. The results of our investments come from what we did and if we did it wrong and were full of doubts, I was certain that it never reached the finish line.

Take time to decide, of course, there are plenty of potential altcoins that are still cheap (now). I also have them (ETH and Sol), not that much money I put with them because my focus is on Bitcoin but it is your choice, and hit it as long as you are sure about it.
The reality is that if you are a weak hand, there is a possibility that you will lose all your money, and you should be considering that as a risk, I do not think that it would be simple to handle. I believe that we are going to end up with anything that should not be all that easy to handle. I believe that we are going to end up with something that should not be all that confusing.

The stronger hands will stay during the bad times, and make money on good times, the weaker hands will get out at bad times and miss the good times and that is why they won't make a profit. I believe that if you know what you are doing and not confused and not uncertain and have a goal in mind, you should be making some good return for sure.
If you are still a noob, then you are prone or most likely be committing these things;

1. Panic selling
2. Impulsive buying and selling decisions
3. Get easily Fomo and Fud
4. Buy high Sell low

On the time that you would be able to experience these stuffs then you would really be just eventually learnt up things along the way.We do know that experience
would be the best teacher and we do know that once things kicked in then you would really be able to realize on what are the things that you should really be doing in accordance into the situation.

Bitcoin is always a risky investment with high volatility but also a very good investment if you are willing to accept it is a high risk gamble which could pay off, Buying from 43K+ still chance to gain huge in short times, BTC already jumped more than 140% in the past year 2023 cause of global issues it has a chance to hike 50K+ within Apr 2024, but you also have to accept that there is a strong chance you could lose all of your money too. now decision is yours to jump on or not.
This!

People should realize this on the time that they had stepped their foot into this market or Bitcoin or crypto investment on which its never been that predictable and its never been that less risky.
This is the first thing that you should consider on the time that your foot into this market on which making yourself that wary on the things that you might be able to encounter or experience.
You cant really just that make yourself that be confident on dealing with things because this is where shit things do usually happens.
hero member
Activity: 3164
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January 11, 2024, 12:29:38 PM
#33
Before venturing into crypto --make a strong decision rather than confusion because this will lead you to where it goes. The results of our investments come from what we did and if we did it wrong and were full of doubts, I was certain that it never reached the finish line.

Take time to decide, of course, there are plenty of potential altcoins that are still cheap (now). I also have them (ETH and Sol), not that much money I put with them because my focus is on Bitcoin but it is your choice, and hit it as long as you are sure about it.
The reality is that if you are a weak hand, there is a possibility that you will lose all your money, and you should be considering that as a risk, I do not think that it would be simple to handle. I believe that we are going to end up with anything that should not be all that easy to handle. I believe that we are going to end up with something that should not be all that confusing.

The stronger hands will stay during the bad times, and make money on good times, the weaker hands will get out at bad times and miss the good times and that is why they won't make a profit. I believe that if you know what you are doing and not confused and not uncertain and have a goal in mind, you should be making some good return for sure.
copper member
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January 10, 2024, 07:00:45 AM
#32
Bitcoin is always a risky investment with high volatility but also a very good investment if you are willing to accept it is a high risk gamble which could pay off, Buying from 43K+ still chance to gain huge in short times, BTC already jumped more than 140% in the past year 2023 cause of global issues it has a chance to hike 50K+ within Apr 2024, but you also have to accept that there is a strong chance you could lose all of your money too. now decision is yours to jump on or not.
sr. member
Activity: 2828
Merit: 344
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January 10, 2024, 06:53:09 AM
#31
Edited Subject -


Not really know if i can buy or go for other alt coins
Before venturing into crypto --make a strong decision rather than confusion because this will lead you to where it goes. The results of our investments come from what we did and if we did it wrong and were full of doubts, I was certain that it never reached the finish line.

Take time to decide, of course, there are plenty of potential altcoins that are still cheap (now). I also have them (ETH and Sol), not that much money I put with them because my focus is on Bitcoin but it is your choice, and hit it as long as you are sure about it.
hero member
Activity: 2604
Merit: 816
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January 10, 2024, 06:38:10 AM
#30
Buying Bitcoin at $43k still makes sense, considering the potential high price increase that can be achieved at its new ATH. But even so, there are still many people who are hesitant to decide and instead choose to invest in new coins or tokens. They don't see how big the profits will be if they invest in Bitcoin. But that is each person's choice.

We can only recommend buying Bitcoin if the price is still below $50k or even below $40k. And the final decision will be up to each person. If they are ready with everything, including the risks, they can buy the Bitcoin at the current price and store it in their wallet. But when they are still undecided, they will not buy Bitcoin and will postpone it even if the price falls below $30k.

Before investing in Bitcoin, you should look for more information. This prevents doubts and prevents unclear news that could influence your Bitcoin investment. And when you have decided to invest in Bitcoin, you can do it using the DCA method.
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