Topic: Is It Still Ok To Buy BTC At $43875 ? (Read 404 times)

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.

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.

So we agree then, reading the market is hard 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


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.

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.

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.

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.

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.

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 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.

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.

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.

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.

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.


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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

so Focus in Bitcoin mate , though you can add some altcoins but majority of your coins must be in Bitcoin specially that now it has low price comparing to the value back in the ATH.
I believe you can just carry your plans but please add bitcoin though.because it is the safest you can have in our crypto time now.

Yes I do think we can still be ok to buy Bitcoin at price of $43,875. That is still less then what the most recent high was of close to $45,000.
We know we are going to get big profits anytime now when Bitcoin ETF is approved. And now Japanese e-commerce marketplace Mercari will soon accept Bitcoin as payments for more 'bullish news'.
https://coingape.com/bitcoin-payments-to-be-valid-at-japanese-e-commerce-giant-mercari-very-soon/

We are now at a crossroads, as there are only two days before we see any news about the ETF, which may move the price from the range of 52k to 32k. The opportunity to take risks now is great and the quick profit is promising.

If you want a short-term investment, wait until January 10 and place a buy order at $49,000. Then, if the price breaks the barrier of that level, the order will be executed and you will have won by selling it at 52k-56k. Otherwise, the order will not be executed and you will buy at levels less than $40,000 which will be a good start for long term investment.

Never  doubt investing in bitcoin mate , even if the price rose up to 50k usd mate 43 thousand
is truly high comparing to how much the price in the past year and why not we consider buying then? that is
the problem in most of people they tend to question the price when it is climbing but do not consider buying
when the price is lower? that is the bad idea and attitude of many of us.

Your own question is answered by your own post , so what are you really trying to imply here ?

43,875$ but look at the price now? it climbed to 44.100$ already  so why asking this to be a not so good idea?

all investment is risky , so what more we need to understand and learn when you can expect risk if you wanted to earn better.

 It's obvious you aren't asking to know as you have the answer already. It doesn't matter how much Bitcoin is ATM, you can still purchase a little bit, depending on how much you want to start up with and continue your hodling journey. Bitcoin like you pointed out is a volatile coin and has the penchant to shoot up, which means no matter the price it is now, it can still go up and you'd still get profit; that's if you bought.
 Some investors get dettered by the current price simply because they feel that for you to join the Bitcoin movement, you need to purchase 1bitcoin and this thought makes them miss out.
As you pointed out again, it's not advisable to put all your money in Bitcoin investment that's why we tell people to invest with what they can afford to lose.

If you already know the answer why bother asking again? The point is that if you believe in the potential of Bitcoin and plan to invest long term, you can start investing at any price and there is no such thing as too expensive or too late to start investing in Bitcoin.

You ask a question and also you answered the question yourself. If you know how to invest and when the invest and the reason to invest, why come up with this thread.

I will not say people should not diversify but they should do it wisely. Altcoins are gambling, you can see how they increase significantly recently and now dumping significantly when bitcoin price is not really falling. Altcoins are gambling.

Edited Subject -


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