How to avoid tilde ~ in Bash prompt?

I would like to remove the tilde from displaying within the PS1 variable.

My current PS1 string:

PS1="\h:\w\n$"

And the prompt looks like this:

lnx-hladky:/tmp/plugtmp
$

I don't like that the $HOME directory is displayed as tilde. Can this be avoided?

It causes problems, example:

lnx-hladky:~/DOC
$  

Documentation says:

\w : the current working directory, with $HOME abbreviated with a tilde 
\W: the basename of the current working directory, with $HOME abbreviated with a tilde

Is there any possibility to avoid $HOME being abbreviated with a tilde?

I have found one way around but I feel like it's overcomplicated:

PROMPT_COMMAND='echo -ne "\e[4;35m$(date +%T)\e[24m$(whoami)@$(hostname):$(pwd)\e[m\n"'
PS1=$

Can anyone propose a better solution? I have a feeling it's not quite OK to run so many commands just to get prompt. (date,whoami,hostname,pwd).

bash runs expansions in the prompt; just make sure to escape them.

PS1='\h:$(pwd)\n$'