Post
Topic
Board Speculation
Re: Buying at 35k?
by
EarnOnVictor
on 03/01/2024, 11:45:57 UTC
If you bought Bitcoin for $35,000 then you definitely made a lot of profit. If you can keep this investment for a long time then surely you will get more money profit. But you always have to plan for the long term and hold your investment patiently for success. Since you are very interested in investing in bitcoins, you should gradually invest bitcoins and hold them for a long period of time, it will bring you enough profit.
Now many profits have been seen due to the price increase to more than $45K and buyers of Bitcoin at the price of $35K, if they still maintain it, can see quite a profit if the number of Bitcoins purchased is large enough. Apart from that, maintaining investment for the long term in current conditions is quite feasible because market conditions are sufficient for everyone to continue investing and maintain the amount of Bitcoin they have previously purchased.
Making money on the bullish trend of Bitcoin has been so easy recently and I advise everyone that any bearish movement they see before the 10th of January ETF verdict may be a very good opportunity to even buy more and gain from Bitcoin. I knew that the coin would not hit $45,000 last year, it though tried its best but the fact still remains that it never did and those who would have bet towards that would have lost their money. However, the bullish trend of Bitcoin has been strong and definite at the same time, and I believe it will continue over time judging by the present pattern on the month chart and the sentiment of the market at large.

For this, we should be watchful of the ETF news and headlines, it might cause a lot that wasn't planned for. It might change the whole narrative, but still, $35,000 should be preserved no matter what happens as people continue to look past ETF verdits over time due to the coming halving season. I will continue to look forward to buying Bitcoin as I will be buying after a short-term plummeting. That is happening now already, so interested people can get set once more. I am of the opinion that before the 10th of January, Bitcoin will no more breach below $42,000, but will be finding every available support that will launch it upwards once again. So, we should watch out for a repeat of what happened on the 1st of January soon.

Don't say I didn't tell you.