Post
Topic
Board Speculation
Re: Buying at 35k?
by
shinratensei_
on 15/11/2023, 00:38:54 UTC
Hallo people,

I bought some bitcoin at 26/27/30 and 31k. all profit so far, I am thinking about buying more, but is 35k te expensive to buy bitcoin?

Buying Bitcoin will totally depend on you because if investing for long term then I think buying Bitcoin at 35k is not expensive. Bitcoin price will be higher than what you expect because Bitcoin halving is waiting in the future. So buy bitcoins fast, I myself have bought bitcoins in several steps but now I am also seeing some benefits. But I still put it in for the long term so never looked at the price of bitcoins just kept buying.

for long term indeed $35k still make sense to invest, we see ATH is really high, 100k, 35k is just fraction of it, if its for long term, say it for about 3 years and more, it will be good enough price point to invest, people who are investing for long term are having the flexibility of dumping whatever they feel like it and if it doesn't reach the target they could just wait it out its as simple as that.

even though 35k for right now seems quite high enough, but its only for short term trader that don't really have patience in this regard, even some big companies that invest in bitcoin are still accumulating till this day for the sake of long term investment so I don't think it will do harm to entry at this point but know that there might be some drop in price in few weeks maybe though its prediction with no guarantee that it will be right.