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?
Their no time you purchase a bitcoin that's expensive, what I really want you to understand concerning bitcoin is that the price will continue to increase, so therefore the price of bitcoin increase and when you purchase as the price increased their is every tendency that the price may increase more than what it was before, so that's while I said that theirs no time you purchase a bitcoin that the price never be expensive from my understanding of cryptocurrency, so therefore bitcoin price should not make you not to purchase more of bitcoin, because two things are involved into cryptocurrency investment especially bitcoin, neither you lose in your investment or you gain in your investment.
Yeah, there are no right or wrong time to buy, and just like what we have seen in the price today, we are somewhat in the high $35k and I think this is still a good buy in my opinion. Just look at the long term price prediction. Not saying that it will happen or the prediction will be spot on, nevertheless, if it hits more than $100k in the next bull run, it will definitely be a good win for us.
So just buy when you think that you can afford it, not forcing yourself because you wanted to buy. You should understand that this should be for the long term and that's why we all just invest what we can afford to lose, just saying. Maybe it looks like expensive today, but as I have said, when we are in a bull run, we will have a massive spike in price making you a good profit.