Is It Still Ok To Buy BTC At $43875 ? - page 2.

Sexylizzy2813

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Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

Edited Subject -

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

I really don't know why these type of questions always comes up especially with these ranks, newbies and Jr. Member but mostly newbies. It sometimes shows how unserious the question and probably the user is and no matter how much answers or solutions given they won't show any sign of going for what they asked.
Like is really hard to see such questions and later we see that same users coming up with a thread to say they've bought and now they're doing perfectly well and all that, is just not coming only complains and same questions.

_BlackStar

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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.

coolcoinz

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If you ask about this it means you don't understand Bitcoin.

First of all, you are still early, but if you knew something about bitcoin you'd know that for sure. It doesn't require a genius to know that bitcoin is still young and has a lot of room to grow.
Then there's the matter of altcoins. IMO altcoins are and always will be inferior to bitcoin. It may seem like you can make more money but to do that you have to be on top of your game 24/7. You can't just buy these coins and forget about it and you can lose all of your money, like people who bought terra luna and many other coins lost theirs.

ShowOff

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OP, you can buy bitcoin at any price if you really know how the market works. Prices will always fluctuate over time and that can give you opportunities for profit and loss. If you decide to invest in bitcoin, then do it for the long term with the right strategy. DCA is a good strategy for you to consider in the long term, but you must be able to control your psychology sufficiently due to price volatility.

If you're worried about losing money on bitcoin because of its price volatility, then you should be more worried about losing money on altcoins because of the same thing. Bitcoin has a great future as an adopted currency or means of payment, while altcoins are largely there to enrich their owners.

el kaka22

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There are way too many people who are looking for alts because they think that they are way too late for bitcoin, but the risky part is that, while you may not make that much profit, you may also not make that much loss.

If you invest into an alt, there is a potential that you may make more than investing into bitcoin, but the sad part is that you may also lose some money there too. This is why you should be careful with what you are doing and what you pick, if you pick the wrong token or coin then you will lose it all. I prefer and suggest bitcoin to everyone, because it is not that big of a deal but it is not that terrible neither, that should be the most important part of the deal. I believe that should be fine enough.

AnonBitCoiner

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There is no bad thing to buy bitcoin now because we know that price will go more up but it depends on yours economy that whether you are able to afford it or not? Other thing is that you are desiring to buy some altcoins so altcoins are also beneficial and some of them can give you more benefit because as price of bitcoin rises the price of other altcoins will also increases but selection should be made wisely after a deep research.

Everyone is assuming that price will go higher and will reach to 70k$ in coming Bull so all those who are still making investment at the price of 43k$ in bitcoin are lucky one because they realize on time that how beneficial the investment in Bitcoin is. You should buy both bitcoin and altcoins but its just a suggestion look into your cash and then decide Wisely.

boty

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Quote from: Text on January 08, 2024, 01:14:11 PM

It seems that your knowledge about buying Bitcoin may not be sufficient; you might not be ready yet. Without Bitcoin, there are no altcoins. It might feel different if you have altcoins but no Bitcoin. If you are hesitating just because of its increased price and not of various risks such as volatility, perhaps you should do more research. Its current price is still relatively low compared to its all-time high. As they say, if you won't buy or invest now, when will you? When it comes to buying Bitcoin, now is always the time.

What you say is correct, everyone who already has altcoins will of course have Bitcoin, it is important to be able to understand well the crypto assets that we have in order to benefit from the investments we make, because if we only have altcoins it will certainly feel lacking because we don't have them. the number of Bitcoins we have.

In my opinion, if we currently have some savings that we don't use for any needs, it would be very good to start investing, as you said if we see that the current price is still far from the highest price of all time and we can start to invest and hold until we can get a profit from the investment we make.

Franctoshi

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It's now obvious that the $5k a day price correction was actually a price manipulation by the market markers to fool the fools and for them to load up more stats into their bags and now look at where price is headed to $46k, a few thousand dollars away from the initial $48k — 50k price target, with this price drop and with immediate price recovery, every price pullback henceforth in the market is an ample opportunity to load up or add more stats to your portfolio.

Text

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It seems that your knowledge about buying Bitcoin may not be sufficient; you might not be ready yet. Without Bitcoin, there are no altcoins. It might feel different if you have altcoins but no Bitcoin. If you are hesitating just because of its increased price and not of various risks such as volatility, perhaps you should do more research. Its current price is still relatively low compared to its all-time high. As they say, if you won't buy or invest now, when will you? When it comes to buying Bitcoin, now is always the time.

Cryptomultiplier

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Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

Edited Subject -

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

It is very okay to buy BTC at its current price even if one intends to just hold overlooking the halving.
Right now, altcoins are dumping hard and the advice is to hold or buy even if it is a few Satoshis to hold even after the even of halving.
The current price is not that one should pay or purchase 1btc at once. A good DCA plan would help one achieve the dream of being a millionaire quicker than the plan of buying 1btc at once. It's just common sense, and even those who trade or have been DCAing for long knows this.

BABY SHOES

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Do you have a reason why you don't really know the current price? Maybe the reason is that the price is already high and looking down on the previous $30K range?

Ouh man you don't worry about buying bitcoin now, but it will be even more anxious if you choose the wrong altcoin YOU can lose because you only want bigger profits in altcoins but basically you choose the wrong coin.

People say "don't choose altcoin/shitcoin" YOU just study bitcoin and see how the history of bitcoin from past to present after finding the answer you will definitely choose bitcoin and not hesitate anymore. Trust me

Beparanf

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Burpaaa

Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

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

Don’t buy altcoins at this current price. Most of them is already pump more than 100% which is greater than Bitcoin growth. You will have higher risk of losing more if Bitcoin suddenly experience correction.

Best choice is to purchase Bitcoin because all the upcoming good news is related to Bitcoin while altcoin will surely correct hard once Bitcoin dominance strengthens due to the upcoming hype. When in doubt choose always Bitcoin as investment. You can diversify your asset but put the majority of your holdings to Bitcoin rather than altcoin.

thecodebear

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Why would you be trying to choose between Bitcoin and altcoins. Those are two very different things. If you want to grow your wealth safely long term buy Bitcoin. If you want to bet on a short term gain for an altcoin, like if you are trading, then you could get altcoins short term.

The market is still pre-halving and well below last cycle's all time high. The peak of this market cycle next year will probably be about 3 times the current price of Bitcoin, so it is certainly ok to buy Bitcoin in the $40,000s....why wouldn't it?! Buying now means you're getting in fairly low in the cycle. To compare, last market cycle this would have been like buying in between $10k and $15k.

Mpamaegbu

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Once a man, twice a child!

I don't know why people like chasing price, deliberately. If someone isn't here or vast in this industry or doesn't know one or two things, we can excuse such a person. If someone has been registered here for awhile and they're still asking this type of question then it becomes overwhelmingly obvious they aren't serious about making any investment in Bitcoin. For awhile now it has been a chorus in this forum for members to buy and hodl in preparation for the bull rally even when Bitcoin was still around $23k. If someone is still asking if they should buy now that price is around $44k for something that's projected to get to $120k, they can still wait a bit more so they can buy it when it gets to $85k.

$crypto$

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Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

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

Many people will recommend that you buy bitcoin because it is said to be a safe asset rather than altcoins which can be said to be like gambling, you can still buy now if you want, if this is too high then invest in a scale or DCA method in the amount you can afford not all at once because it will feel too high a price now.

You choose altcoins it's up to you because the decision returns to the individual, as long as you never put investment in new projects it is more failure than profit especially meme coins better avoid.

Frankolala

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OP, you can buy bitcoin anytime as there is no specific time to buy bitcoin, no matter the price of bitcoin at that moment. $43k+ is still a very low amount consider the amount that we are expecting to see bitcoin price in the new ATH. It is better to buy now and get started rather than waiting to see if the price of bitcoin will dip or pump as delay is too dangerous because nobody knows the next price that bitcoin will move to.

If you want to diversify, it is better to diversify into other investment like bond, gold, stock or real estate so that whatever happens to the crypto market wouldn't affect all your investment. This is because bitcoin price movement controls every other altcoin and if bitcoin dips, they will dip and some might crash and will be unable to recover back. The risk in altcoins is very high compared to bitcoin, when you intend to invest over a long period of time.

batang_bitcoin

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Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

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

Logic.
In the next few months, you'll ask if it's okay to buy at a higher price or lower price. That's the cycle on these matters and if you still don't know whether you'd go for Bitcoin or altcoins, it's your problem but before you get confused. What's your target and what you really like to buy?
Follow your own instinct but before doing that, make sure that you've done your own research before purchasing the type of crypto you wanna have.

EarnOnVictor

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Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

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

My candid advice for you is to go for both, Bitcoin is high in price now so there is little you can gain from it again. But yes, you can still buy at $43,875 and even higher prices than that. I can only advise you to DCA your risk, that is what you can do in a situation like this which is highly uncertain as to whether you can be at an advantage or disadvantage buying at once. For this, DCA will lessen the risk of uncertainty and you will be just fine about it.

In case you do not know the meaning of DCA, you can google it for a better understanding. Again, I still advise you that you should invest some part of the money in Bitcoin while the other part is to be invested in altcoins. The altcoin season is still coming and they will dangerously move higher. Since they are still in their low prices not minding the ones that have moved in multiples in recent months, you can still get to make huge money in the multiple of your investment. If I were you at this stage, I might want to invest 30% of the money in Bitcoin and spread the rest on altcoins. With that, you've diversified your portfolio and success will be made over time.

Nrcewker

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Quote from: Ravichnadra on January 08, 2024, 03:04:12 AM

Edited Subject -

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

Definitely it’s worth to buy the coins at that price. You need to think big OP. Bitcoins are limited in numbers and very rare. There are fixed supply of Bitcoins. Hence no more Bitcoins can be created or made from this air. So in this type of situation if you have enough Bitcoins with you then definitely a time will come where there will be scarcity of coins and you will have sufficient. At that time you can sell the coins in very high rate and you will make the highest profit by fulfilling other people’s demand.

ajiz138

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You still have doubts about the price you mentioned that it is still too expensive for you? If that doubt is making you depressed then don't buy it choose another option that makes you confident.

I don't really understand why many say "is the current price worth buying?" This may be what beginners often say, maybe they think it's short-term but for me it's wrong, however bitcoin is a long-term that must be HODLed on an annual basis.

Now the ETF is the news to wait for because there are only a few days left for the news to be approved or not, if no one predicts the price can correct further, but if approved the price will be a high surge, you just have to choose whether to buy or not, but altcoin advice I'm not so sure unless you are short-term for investment.

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