Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Tribalchief on December 11, 2023, 10:00:55 PM
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
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Greetings to everyone.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Well frankly I wouldn’t advise you to rush into buying coins right now but rather focus more on knowing more about the atleast the basic concept of what you’re about getting involved with and I’m sure with time you wouldn’t need the obvious opinions of others to make your decision but since you’re a newbie, I would advice that you stay clear and off altcoins for now because most of these altcoins are at the end a pump and dump project that would end up blowing your funds if you’re not smart enough to know when to sell.
You shouldn’t be scared of the price of bitcoin at the moment but you should try preaching the DCA method which has to do with you buying bitcoin in batches at every instance you get to buy without having to break a bank.
Good luck and please focus on buying bitcoins for now if you must buy.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
First you need to have the mindset that Bitcoin investment isn't for a particular economic class, it's for everyone, and funny enough whatever amount you invest, you'll get the same equivalence with another who invests high, if the market is supposed to give you a 2x, and your financial capability allows you to invest just $100 and another richer investor invests $10,000. You both are still getting exactly 2x. So don't be greedy with profit and start from somewhere, you don't need to be a millionaire to invest in Bitcoin. Most of those investors who now own a good chunk of the coin started small and gradually grew their investment with time.
If you're scared of the process involved then it'll be impossible for you to take your first step. But once you've taken the first step then you're one step towards achieving your dreams, which is way better than not starting at all. So take that bold step and start from somewhere.
Like the other user said, you could employ the DCA method, DCA .means Dollar-Cost Average. It's just like having a piggy bank and dropping small amounts of money in there everyday, every week or every month, depending on how your income flow is. You could choose an amount or percentage to DCA with, and then use that amount and start buying your Bitcoin frequently and before you know it, you'll have a good number of Bitcoin.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Buying small amounts is recommended for people who have limited funds but want to save in Bitcoin and use it as a long-term investment
If you buy altcoins, I would suggest you just buy bitcoin
Friends, why was Bitcoin created in the smallest form? That's the purpose so that everyone can have Bitcoin according to their ability, they are not forced to get 1 BTC straight away, but even in the form of cents, you can have it.
However, I emphasize that you must be careful in making an agreement in acting for this crypto
always DYOR
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Well it does not really matter if you buy with just portions of Bitcoin but what matters most is the fact that you bought a denomination that in the future might grow. I personally don't buy but I save my Bitcoin earnings from signature campaigns. Bit by bit it will become a what we called wealth in the future.
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Since bitcoin is the motor that drives the body, other coins will also be impacted if it is harmed. People are obviously invested in bitcoin because of the potential for profit. Additionally, investing in bitcoin is simple; it can be done for as little as $10. Additionally, bitcoin is more secure than overhyped altcoins; all you have to do to stay in the cryptocurrency field is always make the proper decision. in order to prevent you from purchasing cryptocurrency, which would cause the project to just fail.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Good to hear that non-crypto enthusiast like you are hearing about Bitcoin. But I do believed that you are into the investment platform though that's why you keep on hearing about it from time to time and you become curious.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
For me I would rather invest on Bitcoin, specially if you are in the long term here.
I suggest you used this tools: https://dcabtc.com/
Just buy with the money that you can afford and invest thru that strategy and for sure you're going to love that.
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there is no such thing as expensive if we have the intention to buy it and there is money, bitcoin can be purchased in part according to our capabilities, so don't feel sad if you don't have 1 btc at the start of the investment, some people in the forum get bitcoin from the results of their work and that too some of them are not 1 BTC, but with an attitude of persevering towards your goal, one day you will definitely be able to have 1 Bitcoin
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Greetings to everyone.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
It depends on how steady the little money you have comes in. It's not recommended to invest in Bitcoin without a reliable income source to avoid withdrawing your investment before making profits. So far, Bitcoin allows you to start with as little as $5, unlike other investments that require a large capital.
In Bitcoin, there are different strategies like DCA, lump sum, and buy-the-dip. The most commonly used is the DCA method. With DCA, you don't worry much about market volatility. You invest consistently, whether the market is high or low, and over time, your average purchase price levels out.
The key is not to let the amount you start with limit you. If you can consistently invest the same amount weekly, monthly, or yearly, you can be confident that you're on a good track.
Altcoins are more unpredictable than Bitcoin, and there's no guarantee of long-term profits. It's not recommended to hold onto altcoins for an extended period. If you decide to invest in altcoins, opt for the most popular ones to avoid investing in tokens that may not hold much value in the end.
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It is good to hear that you interest in the crypto market and think about buying some cryptocurrency. Before you making a decision it is important to do your own researh (DYOR)
Bitcoin is the most well known cryptocurrency but it will be expensive to buy a lot if you do not have much money (But I think you should buy). However Bitcoin has grow consistently and is considered a relatively safe investment.
Altcoins other cryptocurrencies that give you a chance to make more money(but little risky) especially if you found good projects with strong foundations. Altcoins usually cheaper than Bitcoin so you buy more with your limited funds. But you should be careful because altcoins can have more risky and their prices change a lot.
Deciding between Bitcoin and altcoins depend on how much risk you can handle what you wanted to achieve with your investment and how much researching you may do. It may be a good idea to investment in both Bitcoin and some carefully chosen altcoins to have a some good portfolio.
But Remember the crypto market is unpredictable and highly volatile so only invest money that you can afford to lose.
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Doesn't matter the amount of funds you have though all that matter is that the money you're planning to invest is something you can easily risk to get profit because is not all investment will guarantee you profits just know that why you have to alway do your own personal research.
Is still better to to buy Btc will that particular amount you planning to use you don't need to have 1 Btc before you think of investing all that matters is the time you enter. And this is a good time to invest on Btc because of its potential and is more safer than the rest altcoins. That just it, it now depends on you now. But don't Missout in this great opportunity.
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You should probably explain more about your budget and your goal. Knowing your risk profile will help people to give some tips related to your investment. But nobody can guarantee that their tips will bring you the benefits you expected since the market is unpredictable. At the very least, you should be able to figure out the risk and common strategy to navigate the market.
Just keep in mind that you don't have to own 1 Bitcoin, or 1 ETH if you want to try your luck on trading them. At the end of the day, if your goal is to get profits in terms of fiat, trading those coins will likely give you more stability compared to low market cap altcoins that you can buy with just $10 and get 10k or so. On the other hand, high-risk rewards traders will likely trade low market cap altcoin or use perpetual trading if they want to stick with BTC.
Personally, I'm doing DCA for less than $100 a month to get some sats. It works well so far, especially in a sideway or bull market like this. Not to mention alts are also going strong. But things can get ugly if we enter a bear market again. DCA should help you reduce the risk but you shouldn't expect immediate profits unless your capital is also big.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
I’ve never been too involved in altcoins myself and the time I did I was unlucky to have invested in one that turned out to be a scam, and that’s why I turned to bitcoin.
I don’t know if you’re going to receive more money in the future that you can spare to buy bitcoin if yes then I’ll suggest you make a schedule and plan out doing DCA, that’s far more better than just going in all at ones, if you’re not the type that have big money or huge source of income you can be doing DCA and before you realise what’s going on you’d have accumulated enough coin that would get you through the halving period and also be stable in the ecosystem.
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there is no such thing as expensive if we have the intention to buy it and there is money, bitcoin can be purchased in part according to our capabilities, so don't feel sad if you don't have 1 btc at the start of the investment, some people in the forum get bitcoin from the results of their work and that too some of them are not 1 BTC, but with an attitude of persevering towards your goal, one day you will definitely be able to have 1 Bitcoin
Exactly they only look at it as expensive asset if they only look on its value. But if they think about this for investment then provably they can't say that word expensive since at any figures they can buy it even if they decide to buy a small stash since they want to hold.
For people doubting maybe its not their time to invest on bitcoin but rather much better if they could ably to research first before taking some steps while they don't know everything about what they are entering on.
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That is the trick of Bitcoin, it is expensive and affordable for everyone at once. No one forces to buy exactly 1 BTC. It is even possible to get BTC worth a cent. That is what confuses people who are not familiar with crypto, as the think that they can buy only whole tokens or coins. If you have hesitation of buying bitcoin because it is expensive, then altcoins value towards dollar or bitcoin have same price/value. Speaking simple language, you compare 1kg of tomatoes with 1g of pepper.
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Bitcoin is too expensive, it is a concern many years since 2009 but during a same period, there is another concern like you asked today, "Should I invest in Bitcoin today? Am I late to invest in Bitcoin?"
The answers are
- Bitcoin is always expensive with people who don't like it, don't see its value.
- It is never late to start your investment in Bitcoin
Read
- The bullish case for Bitcoin (https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1)
- You want something safer for investment, like Gold? Okay gold is mentioned in this article, with Lindy effects, with time, you will see a stronger and stronger Bitcoin, that is what we already witnessed since 2009
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Invest?
Apply a safest and most relax method, Dollar Cost Averaging.
- https://dcabtc.com/
- https://costavg.com/
Enter your little amount (honestly, you did not share what is this amount) to either of two websites, choose a time frame you plan for investment and DCA, then see how DCA can help you increasing your portfolio size and its ROI.
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The price may seem high at a specific time, but what if you buy gradually for the amount you can afford? Considering the fact that the price will only increase over time, it's not a significant cost. I buy bitcoin with my profits, regardless of the price, as I hold the asset for the long term.
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You shouldn’t be scared of the price of bitcoin at the moment but you should try preaching the DCA method which has to do with you buying bitcoin in batches at every instance you get to buy without having to break a bank.
Good luck and please focus on buying bitcoins for now if you must buy.
Try buying in batches sounds a lot better, owing to the fact that i get little income occasionally. Thanks alot.
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Like the other user said, you could employ the DCA method, DCA .means Dollar-Cost Average. It's just like having a piggy bank and dropping small amounts of money in there everyday, every week or every month, depending on how your income flow is. You could choose an amount or percentage to DCA with, and then use that amount and start buying your Bitcoin frequently and before you know it, you'll have a good number of Bitcoin.
The DCA method sounds promising to me. I appreciate your opinion.
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I emphasize that you must be careful in making an agreement in acting for this crypto
always DYOR
Of course, conducting one's own research is equivalent to seeking people's opinions. Do you advise that it's better to put my investment plan into the long term, considering that I am investing a small amount?
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You should probably explain more about your budget and your goal. Knowing your risk profile will help people to give some tips related to your investment. But nobody can guarantee that their tips will bring you the benefits you expected since the market is unpredictable. At the very least, you should be able to figure out the risk and common strategy to navigate the market.
Just keep in mind that you don't have to own 1 Bitcoin, or 1 ETH if you want to try your luck on trading them. At the end of the day, if your goal is to get profits in terms of fiat, trading those coins will likely give you more stability compared to low market cap altcoins that you can buy with just $10 and get 10k or so. On the other hand, high-risk rewards traders will likely trade low market cap altcoin or use perpetual trading if they want to stick with BTC.
Personally, I'm doing DCA for less than $100 a month to get some sats. It works well so far, especially in a sideway or bull market like this. Not to mention alts are also going strong. But things can get ugly if we enter a bear market again. DCA should help you reduce the risk but you shouldn't expect immediate profits unless your capital is also big.
In conclusion, DCA is basically a long term project for those with little funds ?
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Doesn't matter the amount of funds you have though all that matter is that the money you're planning to invest is something you can easily risk to get profit because is not all investment will guarantee you profits just know that why you have to alway do your own personal research.
Is still better to to buy Btc will that particular amount you planning to use you don't need to have 1 Btc before you think of investing all that matters is the time you enter. And this is a good time to invest on Btc because of its potential and is more safer than the rest altcoins. That just it, it now depends on you now. But don't Missout in this great opportunity.
It is important to think about how much money you have... and make sure that the money you want to invest is an amount you can afford.... to take a risk with. Investing always has some level of risk.... and not all investments guarantee profits. It's really important to do your own research so you can make smart decisions.
You are right that you dont have to buy a whole Bitcoin to invest. You can buy just a part of a Bitcoin with the money you want to use. When it comes to investing in Bitcoin.... timing is also important. Bitcoin has shown potential and is considered safer.... than other cryptocurrencies. But it is still important to be careful and think about different things before making any investment choices.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
If you have small fund, I think buy altcoins is the best way to do.
As you said bitcoin is too expensive and you will get 0.00000 BTC, if you have small fund.
You can learn about alterations coins that you can buy and hold before bitcoin halving.
Maybe you can buy BNB, ETH, TRON, SOL etc.
or you can join presale in new project if you have good knowledge to do it.
But be careful.
It's more risky...
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Considering that you have a small amount of money, you can either wait for the dip which is possible to happen sooner, or focus on buying Bitcoin. It is a safe investment for those who do not have enough knowledge on investing in cryptocurrency as there are so many altcoins in the market that you need to do your research first before you invest. If you are planning to invest in Bitcoin, it's better to do a DCA strategy, and regularly buy Bitcoin using a small percentage of your budget on a weekly or monthly basis.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
If you have small fund, I think buy altcoins is the best way to do.
As you said bitcoin is too expensive and you will get 0.00000 BTC, if you have small fund.
You can learn about alterations coins that you can buy and hold before bitcoin halving.
Maybe you can buy BNB, ETH, TRON, SOL etc.
or you can join presale in new project if you have good knowledge to do it.
But be careful.
It's more risky...
Now, this is why I appreciate this forum. You've presented a completely different opinion from others. Although I am still contemplating what to do, I hope to make a decision soon. It's disheartening that someone said, 'Bitcoin is always expensive with people who don't like it, don't see its value,' forgetting the fact that not everyone has equal resources in the crypto space.
Thanks alot for sharing your opinion.
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Got for higher benefits. Practically, if you have a little money and expected to gain more from Bitcoin investment then I can say you've got it wrong. Why? You will have a little Bitcoin which is good than nothing but in terms of higher return from .2 btc. You need to wait for the Harding time pump. Meanwhile if you invest in meme potentials and potential web3 or whatever coins that has a lot of use cases and alive kicking in the market. Then go for altcoins than just buying a little Bitcoin. Just make sure you will have good return from your investment.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
As a beginner that you are, the best advice I can give you is that you focus on buying bitcoin at the moment, yeah, like you said, the current price of bitcoin may or might seem too expensive, but trust me, the price of bitcoin will continue to grow and get even more and more expensive as time goes on, you don't wanna miss on all the profit that you can make from being invested in bitcoin, most especially, right now that the much anticipated bull run is around the corner.
Altcoins might seem appealing to invest in because they appear cheaper, but trust me, the risk of investing in altcoin is very high, not suitable for a beginner, and also, the chances of investing in the wrong altcoin is also very high, so it's better you just give your attention to bitcoin at the moment, atleast, until you have learnt more and mastered how crypto currencies works, what altcoin project is legit and good to invest in, and one that is not.
This is my honest advice to you, and good luck with whatever or which ever coin later chose to invest in.
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Well Bitcoin maybe expensive but it doesn't mean you still can't buy it, you really do not need to own a full or whole Bitcoin before you can invest in Bitcoin, you can cultivate the act of buying Bitcoin in bits, that way you can gradually accumulate a good number of Bitcoin without breaking a sweat.
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Well Bitcoin maybe expensive but it doesn't mean you still can't buy it, you really do not need to own a full or whole Bitcoin before you can invest in Bitcoin, you can cultivate the act of buying Bitcoin in bits, that way you can gradually accumulate a good number of Bitcoin without breaking a sweat.
If he does not buy now, Bitcoin may not continue to rise forever, as the amount of one million dollars was enough to make the price rise by 10% in 2011, and you may need 100 million in 2014, a billion in 2016, and 10 billion in 2020, and you may need a trillion to make the price move by 10% in the future. .
Also, halving will not have an effect after about 15 years, so these years may be the last in which we see the price rise every 4 years.
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If he does not buy now, Bitcoin may not continue to rise forever, as the amount of one million dollars was enough to make the price rise by 10% in 2011, and you may need 100 million in 2014, a billion in 2016, and 10 billion in 2020, and you may need a trillion to make the price move by 10% in the future.
This is true and marketcap makes sense. With bigger marketcap, it will be harder to have big rise like 20%, 50% or more and we don't need to look too far to discover this fact.
People usually say and compare Gold and Bitcoin (aka. Digital gold), and gold with is $13.690 T marketcap is harder to have big rise like Bitcoin with marketcap is $805.00 B. [1]
[1] https://companiesmarketcap.com/assets-by-market-cap/
Also, halving will not have an effect after about 15 years, so these years may be the last in which we see the price rise every 4 years.
Halvings in future like after next 15 years (but why 15 years, not 16 years?), will still have effect on Bitcoin price and market FOMO but its effect will become smaller than now. But I disagree to say it will not have any effect.
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Bitcoin does not need those who think the price of Bitcoin is expensive, and even for Bitcoin which can continue to match the price of 1 Lamborgini super car, Bitcoin will still continue to be bought and sold.
I still feel like I missed the moment when Bitcoin had a low price in 2017 and I regret not buying it, even though at that time I had enough savings to own Bitcoin fractions on the Coinbase market.
There are too many regrets for the price of Bitcoin but Bitcoin continues to rise in price and doesn't care about those who regret not buying it.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
If you have small fund, I think buy altcoins is the best way to do.
As you said bitcoin is too expensive and you will get 0.00000 BTC, if you have small fund.
You can learn about alterations coins that you can buy and hold before bitcoin halving.
Maybe you can buy BNB, ETH, TRON, SOL etc.
or you can join presale in new project if you have good knowledge to do it.
But be careful.
It's more risky...
I don't think it is acceptable to buy any tokens from the pre-sale and hold those coins. Because buying tokens from presale and holding those coins is very risky which contributes 98% to losing funds. But to the OP I can suggest Ethereum, Solana, BNB XRP etc instead of Bitcoin which you have given here. Because he has funds to buy a small amount of bitcoins and can buy a small amount of bitcoins with those funds, asking the OP to focus on all these altcoins instead of bitcoins will make the OP profitable.
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Is Bitcoin Too Expensive For Me?
You don't need to buy 1 Bitcoin. You can buy 0,xxxx Bitcoin, you can adjust how much money you have. I don't think the price of Bitcoin will be an obstacle to have Bitcoin investment. We can gradually increase the number of our Bitcoin investment. So, it isn't a must to buy the Bitcoin with big money. I also never buy 1 Bitcoin, I just buy Bitcoin below $1,000. You even can buy Bitcoin with $50-$100.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
It is okay to buy Bitcoin with small money. You are better to prioritize Bitcoin over altcoins. Bitcoin should be the main asset, meanwhile altcoins for the additional assets only. However, it is necessary to have both Bitcoin and altcoins, so we can take advantage both with Bitcoin and altcoins. I believe most people also prioritize to have the main asset with Bitcoin, it is the most recommended asset. Altcoins is good but it is more speculative than Bitcoin.
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You are thinking about purchasing a whole bitcoin and not a few bits on it. That doesn't mean that you really need to purchase a whole bitcoin, it is okay to buy a few sats on it and it depends on your budget. But before all of that, don't rush things, learn it first before risking your money as I can see that you are just thinking of profit and I don't see a sign about if the price drops and how you would react. It is better to know the risks before jumping into Bitcoin water.
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As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Bitcoin price is very high today at 43 thousand so if you want to buy Bitcoin then you can. You don't need to buy a whole bitcoin for the value of bitcoin to be higher, but buy as many bitcoins as you can afford with your funds. You must remember that you are buying only visits of Bitcoin. You will be holding bitcoins for the next two years at the next halving and have the potential to make double or triple the profit you bought the bitcoins at. Moreover, the amount of funds you want to buy bitcoins with, you get a fixed number of bitcoins and deposit it in a highly secure wallet.
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People think Bitcoin is expensive because they compare it to past prices. It's clear that Bitcoin's price goes up every year. This movement proves that the interest in Bitcoin is still very high and will continue to grow because many people are still unfamiliar with it.
Let's simplify our mindset. Ten years ago, the price of BTC was considered cheap compared to today. Now, what if we think about the price of BTC in the next 10 years? Today will surely be in the past. Wouldn't you regret it if you didn't buy it today and it turns out to be more valuable in the future?
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People think Bitcoin is expensive because they compare it to past prices. It's clear that Bitcoin's price goes up every year. This movement proves that the interest in Bitcoin is still very high and will continue to grow because many people are still unfamiliar with it.
Let's simplify our mindset. Ten years ago, the price of BTC was considered cheap compared to today. Now, what if we think about the price of BTC in the next 10 years? Today will surely be in the past. Wouldn't you regret it if you didn't buy it today and it turns out to be more valuable in the future?
Some people think Bitcoin is expensive when they compare it to how much it use to cost. The price of Bitcoin has gone up much over the years which showing that more people are interested in it.
Bitcoin price may keep going up in the future... Because there are some events like ETF and the Bitcoin Halving. With these events Bitcoin price can go above 80k or even more up.
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As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Bitcoin price is very high today at 43 thousand so if you want to buy Bitcoin then you can. You don't need to buy a whole bitcoin for the value of bitcoin to be higher, but buy as many bitcoins as you can afford with your funds. You must remember that you are buying only visits of Bitcoin. You will be holding bitcoins for the next two years at the next halving and have the potential to make double or triple the profit you bought the bitcoins at. Moreover, the amount of funds you want to buy bitcoins with, you get a fixed number of bitcoins and deposit it in a highly secure wallet.
Which simply means that i must consider it as a long term investment project?.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
I believe that before making any kind of investment, no matter how big or small, you should first acquire the basic understanding of it. Don't say that people are encouraging you to invest and you will go ahead and invest. After you understand the basics, you can decide whether to make large investments or use the DCA strategy.
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Some people think Bitcoin is expensive when they compare it to how much it use to cost. The price of Bitcoin has gone up much over the years which showing that more people are interested in it.
I do not think so, as you can still buy Bitcoin with any amount you have, $50 or $100, but you will not be able to get quick profits like it was 10 years ago, as your investment of $50, 10 years ago will not bring you the same returns as investing $50 today.
I believe that at some point after 2040, Bitcoin will not be subject to the 4-year cycle factor, and then you may not achieve profits in investing in Bitcoin in the medium term, just as is happening to gold now.
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Think Bitcoin is out of reach? Fear not! Despite its high value, Bitcoin is divisible, allowing you to buy a fraction. With as little as $10, you can start your journey into the world of Bitcoin. Embrace the accessibility, even on a budget. Platforms like Cash App and Coinbase offer easy entry. Don't let the seemingly high price deter you – start small, think big. Bitcoin welcomes all, making cryptocurrency investment attainable for everyone, one fraction at a time!
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For beginners if you want to invest in Bitcoin then I would say invest in a very small scale. So that you get inspiration from it to invest in the future. Before investing in Bitcoin you can do a little research on it. Because you can suddenly come to cryptocurrency and make wrong decisions in haste. For which I think you should consult a good advisor and then think of investing.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
This period is coming or welcoming the bull season. If you intend to buy Bitcoin because you believe it will give you the dream you want in life and you want to invest an amount of, say, only $200, I suggest you not invest. Because that amount can't give you the dream you want.
Because if it's just amounts like that, or let's assume 1000 dollars worth of bitcoin, that's still not enough, in my opinion. It is better to invest in other alternative cryptocurrencies as long as they are listed on the top market. Because Bitcoin is only good if you have holdings of at least 1 or more bitcoins.
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For beginners if you want to invest in Bitcoin then I would say invest in a very small scale. So that you get inspiration from it to invest in the future. Before investing in Bitcoin you can do a little research on it. Because you can suddenly come to cryptocurrency and make wrong decisions in haste. For which I think you should consult a good advisor and then think of investing.
There are many platforms to get information about Bitcoin from where one can easily get all the information about Bitcoin. Therefore, self-investigation would be better than taking the advice of a consultant. If newbies wait a little bit, the price of Bitcoin may once again fall to $40k and if the $40k support is broken, then it is a great buying opportunity for newbies.
However, it is possible to buy at the current price, but even if the price drops, it still requires a good amount of capital to buy it. At this time no benefit can be gained from investing on a small scale, because there is very little time left in Bitcoin halving, after which the price of it most likely to go to break its all-time high.
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Bitcoin does not need those who think the price of Bitcoin is expensive, and even for Bitcoin which can continue to match the price of 1 Lamborgini super car, Bitcoin will still continue to be bought and sold.
I still feel like I missed the moment when Bitcoin had a low price in 2017 and I regret not buying it, even though at that time I had enough savings to own Bitcoin fractions on the Coinbase market.
There are too many regrets for the price of Bitcoin but Bitcoin continues to rise in price and doesn't care about those who regret not buying it.
Most people would undoubtedly regret not buying, but there's nothing that can be done over spilled milk. I often ask this amusing question: If you were to go back in time with the same perspective you had back then, do you think you would have purchased some Bitcoin?
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Deciding between buying Bitcoin or altcoins depends on your goals and risk level. Bitcoin, as a stable and widely accepted asset, is generally considered safer for long-term investing. Altcoins, on the other hand, can provide large percentage gains, but they are also more subject to volatility.
If your goal is investing for long-term growth with minimal risk, Bitcoin may be preferable. If you are willing to take more risk and are looking for short-term profit opportunities, altcoins may be of interest.
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Deciding between buying Bitcoin or altcoins depends on your goals and risk level. Bitcoin, as a stable and widely accepted asset, is generally considered safer for long-term investing. Altcoins, on the other hand, can provide large percentage gains, but they are also more subject to volatility.
If your goal is investing for long-term growth with minimal risk, Bitcoin may be preferable. If you are willing to take more risk and are looking for short-term profit opportunities, altcoins may be of interest.
So does that mean that any amount i have might do for Bitcoin investment?.
Or is investment capital not a thing to put into consideration for any of the investment options?.
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Deciding between buying Bitcoin or altcoins depends on your goals and risk level. Bitcoin, as a stable and widely accepted asset, is generally considered safer for long-term investing. Altcoins, on the other hand, can provide large percentage gains, but they are also more subject to volatility.
If your goal is investing for long-term growth with minimal risk, Bitcoin may be preferable. If you are willing to take more risk and are looking for short-term profit opportunities, altcoins may be of interest.
So does that mean that any amount i have might do for Bitcoin investment?.
Or is investment capital not a thing to put into consideration for any of the investment options?.
Yes of course you can invest what you can afford, is not compulsory it as to be 1 Btc at the moment. When you continue with the good investment and you're making good profit with time you'll eventually get there when you start buying Btc in whole. So continue with amount you have now.
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Deciding between buying Bitcoin or altcoins depends on your goals and risk level.
Yeah, you're right.
I think we should spread our investment in bitcoin and altcoins.
There are many potential crypto that we can invest on it.
Bitcoin is expensive, that's true
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when the price of bitcoin rises like it is now, we need to be careful about entering the world of bitcoin trading because at this time the price is still not stable and if you want to enter bitcoin trading, first of all you have to know news and information about crypto and you have to have a good community in trading. bitcoin... because if you don't have any experience with all that, I'm afraid you will lose big.
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How expensive Bitcoin is for an investor to invest depends on the investor's financial situation. Since Bitcoin is a divisible coin so it does not require you to buy the entire coin. You can buy very small amounts of coins if you want. Since cryptocurrency markets are volatile, invest only as much as you can afford to lose. If you are uncomfortable with price volatility and prefer a more stable investment, Bitcoin may not be right for you.
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Yeah, you're right.
I think we should spread our investment in bitcoin and altcoins.
There are many potential crypto that we can invest on it.
Bitcoin is expensive, that's true
@mahadev, sadly i came across this reply i underlined below, and I was quit disappointed and dissatisfied to what the user said. If someone suggests that something is expensive, does that mean that he/she does not like it ?. Please, I will love to hear your opinion and the opinion of others.
And why do some people feel that we must channel all our resources to Bitcoin only ?.
Bitcoin is too expensive, it is a concern many years since 2009 but during a same period, there is another concern like you asked today, "Should I invest in Bitcoin today? Am I late to invest in Bitcoin?"
The answers are
- Bitcoin is always expensive with people who don't like it, don't see its value
- It is never late to start your investment in Bitcoin
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So does that mean that any amount i have might do for Bitcoin investment?.
Or is investment capital not a thing to put into consideration for any of the investment options?.
Most people don't have a single investment, people invest in Bitcoin and altcoins as well. I divide my funds both for Bitcoin and altcoins, I regularly buy Bitcoin and sometimes I also buy altcoins. However, we must adjust how many coins to buy with out funds. If we have limited funds, we are better to prioritize buying Bitcoin first. Then we can add altcoins for our investment whenever we have extra money only.
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Most people don't have a single investment, people invest in Bitcoin and altcoins as well. I divide my funds both for Bitcoin and altcoins, I regularly buy Bitcoin and sometimes I also buy altcoins. However, we must adjust how many coins to buy with out funds. If we have limited funds, we are better to prioritize buying Bitcoin first. Then we can add altcoins for our investment whenever we have extra money only.
Sounds more like a genuine suggestions. Thanks alot.
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So does that mean that any amount i have might do for Bitcoin investment?.
Or is investment capital not a thing to put into consideration for any of the investment options?.
Most people don't have a single investment, people invest in Bitcoin and altcoins as well. I divide my funds both for Bitcoin and altcoins, I regularly buy Bitcoin and sometimes I also buy altcoins. However, we must adjust how many coins to buy with out funds. If we have limited funds, we are better to prioritize buying Bitcoin first. Then we can add altcoins for our investment whenever we have extra money only.
yeah I think better to spread our fund in several coin.We can buy bitcoin and several potential altcoins.
Bitcoin is too expensive, so we should have alternate coin in our wallet.
BNB, SOL, DOT, XRP etc
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
OP, bitcoin remains the best coin to buy, if you understand Bitcoin investment very well, you will know that their are many strategies you can use to investment in bitcoin, you must not have huge amount for you to investment in bitcoin, when bitcoin came into existence it was procrastination and extreme disbelief that made many people not to pick interest even when it's mining was free, so the only thing I will tell you is that you should invest in Bitcoin irrespective of the current price, but do it little by little as you can afford to lose and also you can invest in altcoin that are well known in other to avoid being scammed.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
If you are short on funds or don't have enough funds to invest then you can buy some altcoins instead of bitcoins but that should be at your own risk. Investing in any altcoin other than Bitcoin is risky and can be scammed from the altcoin market at any time. When an investment is excessively risky, alternative measures should be taken rather than investing in the market. If your amount is very small then you can invest in bitcoins with that small amount and hold in the wallet thinking of long term investment.
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Not matter with how much or small amount purchasing in bitcoin regarding with the minimum fund trade if you buy in CEX exchange market, I think you can see some trader or investor start their first investment in bitcoin not large amount and balance with their financial condition. You can invest minimum $10 in bitcoin with Binance or other CEX Exchange allowed with this minimum amount for investing, keep accumulate in daily day or weekly consistent investing in bitcoin although your financial support only small fund.
But you need understand first with risk and benefit when investing in bitcoin, don't forget with bitcoin price is not stable some time on the top and getting bad news will make bitcoin price drop drastically.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
In the crypto space, it is more safe to invest in Bitcoin than other alt coins because Bitcoin has two known market seasons, which are bull and bear. If you invest in Bitcoin during the bear market, you will sell your coin during the bull market and make a profit. If you invest in an altcoin because it's cheap, which altcoin do you have in mind to invest in, and how sure are you that the coin will pump? Altcoins usually follow the pump and dump mechanism, and you can't predict for sure which altcoin can pump during the bull market.
The advice I can give is that if you actually feel you have a token that you are sure will pump and earn you profit, you can invest in it, and you should also be ready to handle your losses if you experience any in the future. To make things easier for you, you can also better invest in Bitcoin.
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If you are short on funds or don't have enough funds to invest then you can buy some altcoins instead of bitcoins but that should be at your own risk.
What you just said doesn't make any sense, because if someone doesn't have money to invest how he can buy altcoins instead? For that you also need money.
Unless you think that if you can't invest big amount in bitcoin, then its not worth investing at all and that's a classic newbie mistake.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
One thing you have to understand about Bitcoin is that investing or buying Bitcoin doesn't have to be 1 BTC. You can make purchases regardless of the nominal amount you have and allow it to be invested with an amount that you can truly afford to lose. In this case, you can also make purchases using the DCA system. then you can accumulate the defense whenever and whatever capital you have and there is no limit to that except for the minimum purchase limit on the market and even then it is usually only a few dollars. and in my opinion, if you are a beginner, of course it is visible to the juice of Bitcoin insted of altcoins. No matter how interesting the altcoins offer, especially hypecoins and coins from new projects, it would be better if you still choose Bitcoin as your initial investment in cryptocurrency. Everything contains risks, but Bitcoin has a lower risk compared to alt coins.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Take note that you do not have to buy 1 BTC, and you can buy the worth that you can afford, this is the reason why people use dca strategy to accumulate BTC's. Buying a coin because it is cheaper in price is not a smart thing to do, have you considered if it has use cases that can sustain it or if it is built on just hype and short term growth. In short, when you want to purchase a coin, look beyond its price, there are other more important factors to consider.
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Take note that you do not have to buy 1 BTC, and you can buy the worth that you can afford, this is the reason why people use dca strategy to accumulate BTC's. Buying a coin because it is cheaper in price is not a smart thing to do, have you considered if it has use cases that can sustain it or if it is built on just hype and short term growth. In short, when you want to purchase a coin, look beyond its price, there are other more important factors to consider.
True. It is no need to buy 1 BTC, we can buy Bitcoin with small amount of money. We even can buy Bitcoin with $5-$10 in certain exchanges. As far as I know, the minimum number of Bitcoin to buy is about 0.0001 BTC. I'm pretty sure everyone can buy Bitcoin, there is no reason to say the Bitcoin price is too expensive to buy.
Well, to get good number of Bitcoin, we must understand when the right time to buy Bitcoin. The bearish season is the best time to buy Bitcoin since the price of Bitcoin drops significantly. But during this bullish season, we must be careful to buy Bitcoin because they are probably in the peak of its price.
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Questions like this always happen when bitcoin is on the rise and when there are tons of newbies showing up and I guess the answer would still be the same.
Bitcoin is still very much worth buying. Many rely on the price in this case but they don't pay attention to the plan because in the end if their plan is far enough away maybe even for the next few years actually when looking at the current price it is still very worthy and worth it to buy because after all our goal is not for the short term.
It must be the way of thinking that happens in this case because bitcoin is expensive we can only collect a few bitcoins with the amount of money we have but in the end things like that will also be refuted by several strategies such as DCA that are carried out.
This will be much more helpful when prices are like now because in the end we are also not required to buy 1 bitcoin at a time so that if we do implement purchases by installments little by little (DCA) Even if the price is $40k more like now we will also still be very comfortable buying because the goal is for a longer term.
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Questions like this always happen when bitcoin is on the rise and when there are tons of newbies showing up and I guess the answer would still be the same.
Bitcoin is still very much worth buying. Many rely on the price in this case but they don't pay attention to the plan because in the end if their plan is far enough away maybe even for the next few years actually when looking at the current price it is still very worthy and worth it to buy because after all our goal is not for the short term.
With each Bitcoin's 4-year cycle and its big bull run, many people will change from outsiders to become newbies in Bitcoin market. They will ask this question which repeatedly appear many times.
"Is Bitcoin expensive now for me to buy?"
The fact is an asset is always expensive for one person if the person does not have belief in future of that asset. Bitcoin was expensive when its price was a few cents, few dollars, some hundred dollars and even $20,000. In 2022, when it was exchanged with price about $16,000 it still was considered as expensive with many people.
Now, with price about $42,000, is it expensive?
Next months, when it reclaims the $69,000 all time high, will price like $42,000 be considered as expensive?
The year chart shows you can get profit by buying and holding some years.
https://charts.bitbo.io/yearly-candles/
It must be the way of thinking that happens in this case because bitcoin is expensive we can only collect a few bitcoins with the amount of money we have but in the end things like that will also be refuted by several strategies such as DCA that are carried out.
Dollar Cost Averaging is a good strategy for investment. Because you will not have to mind about short term changes in the market, fuds and more.
https://dcabtc.com/
https://costavg.com/
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
You should know that whatever you do to invest here in the crypto space depends on your hands and decisions, dude. Why would you pass on the decision of choosing what to do to others if, in the end, you will benefit and suffer?
Then one more thing: if you buy a bitcoin, you can tell if it is really expensive, but you know yourself that you can buy a bitcoin even if you only have a small amount of money. You probably won't be a full member at your rank here if you don't know that. And for sure, you also know what you should do as an investor in the crypto community field.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Can I ask you OP? How much is this "little amount" that you're saying? 5$? 10$? 20$?
You can buy Bitcoin in whatever amount you have. You can buy it even if you only have a dollar, but of course, there are some cons to it. Technically, you can buy Bitcoin even if you only have a single dollar in your exchange wallet.
I remember the time when I only had $20 in my exchange wallet, I used that small amount to buy Bitcoins and use them for trading. That's the first time (and last time) I bought Bitcoin using my own money (not from signature campaign earnings. I tried to buy Bitcoins as well with an even smaller amount, but I can't transfer it because of the transaction fees.
Don't look at the current price OP. Some investors thought that Bitcoin when its price was $1000 already is expensive for them. Later on, they regretted their decision. Don't be like them OP. If you have the money, just buy it. Buying, and just holding it is a good strategy already. Of course, buying Bitcoin at a lower price is a plus, but don't let that kind of mindset hinder you from buying Bitcoins.
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Greetings to everyone.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?
If by little amount you mean your all your savings, then hell no. Crypto investment is very risky and you could lose all your funds, I'd advise that you invest your spare cash only. Also, I'd advise you invest in Bitcoin rather than altcoins. There are many shitty projects and you might end commiting your funds into a fake project. This is the best time to buy Bitcoin and you don't need to have all the money in the world to invest. Use DCA and be accumulating gradually while you wait for the bull season to take profit.
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Greetings to everyone.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?
If by little amount you mean your all your savings, then hell no. Crypto investment is very risky and you could lose all your funds, I'd advise that you invest your spare cash only. Also, I'd advise you invest in Bitcoin rather than altcoins. There are many shitty projects and you might end commiting your funds into a fake project. This is the best time to buy Bitcoin and you don't need to have all the money in the world to invest. Use DCA and be accumulating gradually while you wait for the bull season to take profit.
I think invest in top coins is better than invest in new coins. I agree with you better invest in spare cash only.
If we feel bitcoin is too expensive, we can buy in other, such as XRP, TRX etc.
It's more cheap.
Use DCA is good idea, it's useful and can help manage the risk.
But It's up to your comfortable and confidential.
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I think invest in top coins is better than invest in new coins. I agree with you better invest in spare cash only.
If we feel bitcoin is too expensive, we can buy in other, such as XRP, TRX etc.
It's more cheap.
Use DCA is good idea, it's useful and can help manage the risk.
But It's up to your comfortable and confidential.
Absolutely, mate. Investing in top coins must be the priority. They have been in the market for a long time and proven as good coins that have good development. If they don't have good development, they won't be a part of the top coins. So, we can be quite optimistic to invest in top coins because they are trustable. However, we still need to do some research or analysis to choose the best among them. The top altcoins with cheap prices are good, but make sure they have good fundamentals and have good news lately.
Using DCA method is okay as long as you can understand it well. Or you can use other ways that you assume more effective.
Diversifying assets while investing in Bitcoin is a nice idea. There are many people who use this way to optimize the chance for profits.
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Diversifying assets while investing in Bitcoin is a nice idea. There are many people who use this way to optimize the chance for profits.
Absolutely right, diversifying asset in many coins is good way to gain profit and reduce the loss.
I have bought bitcoin and several coins, with different projects.
Such as gaming project, platform, web3, metha, defi etc.
We didn't which will soar at bullish season.
Just try and spread our fund in crypto investment.
Hopefully will gain big profit.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Take note that you do not have to buy 1 BTC, and you can buy the worth that you can afford, this is the reason why people use dca strategy to accumulate BTC's. Buying a coin because it is cheaper in price is not a smart thing to do, have you considered if it has use cases that can sustain it or if it is built on just hype and short term growth. In short, when you want to purchase a coin, look beyond its price, there are other more important factors to consider.
To buy BTC, we need a large amount of money, that is, we cannot buy BTC with a small amount at all, because in this regard we will make a negligible profit. I mean, if BTC goes up to 1k of dollars or 3kof dollars in a day then it can make us a profit of 30 to 75 dollars only, so we should take a huge amount of profit from altcoin then we will be able to buy BTC, that is, by investing in altcoin. Learn how to make as much money as possible from altcoin first.
BTC has a very best coin as fundamentals and by it's volume they can never give us loss but for buying BTC we need a good amount because BTC always take time to give you profit and it is the best way for making yourself really rich as others.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Take note that you do not have to buy 1 BTC, and you can buy the worth that you can afford, this is the reason why people use dca strategy to accumulate BTC's. Buying a coin because it is cheaper in price is not a smart thing to do, have you considered if it has use cases that can sustain it or if it is built on just hype and short term growth. In short, when you want to purchase a coin, look beyond its price, there are other more important factors to consider.
BTC has a very best coin as fundamentals and by it's volume they can never give us loss but for buying BTC we need a good amount because BTC always take time to give you profit and it is the best way for making yourself really rich as others.
Some Bitcoin enthusiasts also believe that purchasing Bitcoin gradually is beneficial for small investors who may lack the necessary resources for a substantial investment. Which is literally similar to building a house, knowing fully well that you don't have all the resources but you choose to take things bit by bit.
What's your take on that?.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Take note that you do not have to buy 1 BTC, and you can buy the worth that you can afford, this is the reason why people use dca strategy to accumulate BTC's. Buying a coin because it is cheaper in price is not a smart thing to do, have you considered if it has use cases that can sustain it or if it is built on just hype and short term growth. In short, when you want to purchase a coin, look beyond its price, there are other more important factors to consider.
BTC has a very best coin as fundamentals and by it's volume they can never give us loss but for buying BTC we need a good amount because BTC always take time to give you profit and it is the best way for making yourself really rich as others.
Some Bitcoin enthusiasts also believe that purchasing Bitcoin gradually is beneficial for small investors who may lack the necessary resources for a substantial investment. Which is literally similar to building a house, knowing fully well that you don't have all the resources but you choose to take things bit by bit.
What's your take on that?.
Yeah is not compulsory that you must start your investment with one bitcoin and all that. Instead you could accumulate some quantities you can afford irrespective to your financial stats. That DCA strategies is always encouraging for most people who can afford 1 BTC instead they focus on accumulating more quantities of bitcoin and as time goes on you would see yourself growing. Without even knowing when you would start affording 1 BTC even more than ;D
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Yeah is not compulsory that you must start your investment with one bitcoin and all that. Instead you could accumulate some quantities you can afford irrespective to your financial stats. That DCA strategies is always encouraging for most people who can afford 1 BTC instead they focus on accumulating more quantities of bitcoin and as time goes on you would see yourself growing. Without even knowing when you would start affording 1 BTC even more than ;D
It is not mandatory but also does not prohibit how much someone wants to buy Bitcoin, only adjusted to their financial capabilities.
There are many whales who start buying a lot of Bitcoin, but this is done gradually or called the DCA strategy, as you already said.
No one regrets buying Bitcoin at the beginning and holding it for a long period of time.
It will continue to grow and see how the price of Bitcoin increases tremendously.
Halving signals we are close to the upcoming Big Bullish.
The halving is about to happen in April 2024 and this is the beginning of all the bulls that will happen.
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Talking about bitcoin price expensive or not depend on your viewed right now, if your comparison last several years ago actually bitcoin have raise on expensive price but if your comparison when bitcoin make latest all time high current bitcoin price is not really expensive. Its not important about bitcoin current price had to expensive or not before you have knowledge and know risk when investing in bitcoin, many investors said bitcoin have been in expensive price right now but when raising to higher price they will disappointed why not invest before when price still down and its mean price of bitcoin not really too expensive.
Don't forget upcoming two months later have halving time with bitcoin potential raise to higher price, I worry OP will said the other about bitcoin have been too expensive later or not?
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Talking about bitcoin price expensive or not depend on your viewed right now, if your comparison last several years ago actually bitcoin have raise on expensive price but if your comparison when bitcoin make latest all time high current bitcoin price is not really expensive. Its not important about bitcoin current price had to expensive or not before you have knowledge and know risk when investing in bitcoin, many investors said bitcoin have been in expensive price right now but when raising to higher price they will disappointed why not invest before when price still down and its mean price of bitcoin not really too expensive.
Don't forget upcoming two months later have halving time with bitcoin potential raise to higher price, I worry OP will said the other about bitcoin have been too expensive later or not?
Expensive or not it does not keep us from buying more and more every single week or month. The thing here is that if we keep on waiting we don't have the chance to make profit when price goes up. So it would be much better to prepare for something we are not aware of in the future.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
You bought a small amount of bitcoins that turned out to be a good investment. But it doesn't make sense to me that you want to invest in Altcoin. I'd say it's okay if you buy bitcoins and buy more, you're at risk when you fill your portfolio with altcoins. Investing in Altcoin is not reasonable for me, that's why I suggest you to invest in Bitcoin. Investing in Bitcoin will surely bring you success and your portfolio will be full.
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When the price of bitcoin is rising rapidly such as when there is positive news then I prefer to delay my purchase in bitcoin and switch first into altcoins that also have positive news and can trigger hype. And I am waiting for bitcoin to experience a correction and only then do I start accumulating again. Because even though I accumulate btc for the long term, I still try to buy when there is a correction.
It feels expensive if for the short term but feels cheap if for the long term.
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Buy the amount of bitcoins you think you can afford, whether you invest that amount or buy that amount of bitcoins. There are many things in the market which we cannot buy and they are very expensive for us but we can buy them by compromise. Bitcoin is a very expensive coin that you will feel when you go beyond your means to buy Bitcoin. For example you have the ability to buy half btc but if you try to buy one btc it will definitely be expensive for you. My point is buy a little less than you can afford and still enjoy the investment and let your passion for the investment work. Investment should not be made in such a way that the investment will cause discomfort for us.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
It completely depends on your prospectives.
That for what purpose you are buying Bitcoin or Altcoins, HOLDING or Trading, if your purpose is to hold then how long. and if it is to trade then what is your end goal with trading?
when these all aspects are decided then you'll be much more clearer what path to take.
for me. if I were to HODL. i would buy bitcoin. and for trading I would buy altcoins
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
It completely depends on your prospectives.
That for what purpose you are buying Bitcoin or Altcoins, HOLDING or Trading, if your purpose is to hold then how long. and if it is to trade then what is your end goal with trading?
when these all aspects are decided then you'll be much more clearer what path to take.
for me. if I were to HODL. i would buy bitcoin. and for trading I would buy altcoins
One of the things that we should evaluate to know if the bitcoin price is too high is what I always use and say, is bitcoin below the last ATH? Yeah? So we are in time to buy cheap , why ? It's Simple , the price will cure, there will always be a new ATH and it will be better than the last one, so these are the things we should see, we should think about what we are experiencing right now, maybe a bitcoin will not be bought at once , but it will be You can buy little by little , and you can buy more as Bitcoin rises in price.
These are the things that should be done, of course to reach this Conclusion because it must be Based on many experiences , and because that is why we Approve and know how to act in The face of sudden changes in the price of bitcoin, but basically it is all They would think like that , you would always have money for any occasion , emergencies or something like that.
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Buy the amount of bitcoins you think you can afford, whether you invest that amount or buy that amount of bitcoins. There are many things in the market which we cannot buy and they are very expensive for us but we can buy them by compromise. Bitcoin is a very expensive coin that you will feel when you go beyond your means to buy Bitcoin.
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Absolutely right mate, we should buy bitcoin that we think we can afford. Don't be forced and don't go into debt. Bitcoin value is so expensive, but It will be more expensive next year when bullish season. I have bitcoin but not much. I also spread in several altcoins. Just diversify.
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As for me I can't tell you if bitcoin is too expensive for you or not. Because you are the only one know how much enter your pocket monthly and nobody can tell that. You can buy if the income is good and you can't buy it if the income is poor. So you have to know your pocket before entering the marketplace of bitcoin.
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As for me I can't tell you if bitcoin is too expensive for you or not. Because you are the only one know how much enter your pocket monthly and nobody can tell that. You can buy if the income is good and you can't buy it if the income is poor. So you have to know your pocket before entering the marketplace of bitcoin.
I think we can state it clearly. 1 Bitcoin is surely expensive, it is $43,000 now. But we can buy Bitcoin with the money $10 - $20. If we have no much money, we can buy Bitcoin gradually. So, I think the price of Bitcoin shouldn't be a serious problem as long as we really have the intention to have Bitcoin investment. Everyone can have the money to buy Bitcoin, but the number of Bitcoin to buy can be varied.
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As for me I can't tell you if bitcoin is too expensive for you or not. Because you are the only one know how much enter your pocket monthly and nobody can tell that. You can buy if the income is good and you can't buy it if the income is poor. So you have to know your pocket before entering the marketplace of bitcoin.
It's the whole truth , for me things with bitcoin depend on things with our financial situation , we here can say, buy bitcoin, but we Know that we all have duties , Rights , we have to fulfill our obligations, as a family, of whatever it is, and well the idea is that there i s, that is a type of financial culture that we must have, in this order of ideas we have many things to do and decide, but I say something, I prefer a thousand times to invest in Bitcoin Why leave the money in the banks and let them earn Interest, for me that is the fundamental thing.
So when we seek to have a Better life , a Better vision , because Things can be very Different , we have to have developed that vision of things, know if there is a future, I say that there are always good options for us to acquire the best investment It's a sure thing, I will always say that things with Bitcoin will always be safe, in fact I Put Everyone in the fire for Bitcoin , because I know that it will bear fruit.
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As for me I can't tell you if bitcoin is too expensive for you or not. Because you are the only one know how much enter your pocket monthly and nobody can tell that. You can buy if the income is good and you can't buy it if the income is poor. So you have to know your pocket before entering the marketplace of bitcoin.
If you buy it in whole form, it means that 1 Bitcoin is very expensive, but fortunately you can buy it easily; even with an exchange rate of only $50, you can buy it. But to make a profit, you should use large capital so that when the price rises, it will give you a lot of profit. You need to remember that just buying Bitcoin is good enough.
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As for me I can't tell you if bitcoin is too expensive for you or not. Because you are the only one know how much enter your pocket monthly and nobody can tell that. You can buy if the income is good and you can't buy it if the income is poor. So you have to know your pocket before entering the marketplace of bitcoin.
If you buy it in whole form, it means that 1 Bitcoin is very expensive, but fortunately you can buy it easily; even with an exchange rate of only $50, you can buy it. But to make a profit, you should use large capital so that when the price rises, it will give you a lot of profit. You need to remember that just buying Bitcoin is good enough.
We can buy bitcoin according to our abilities and the money we have. It doesn't have to be a lot but have bitcoin in your wallet. If the want to makes big profits, buy the big one. But if you can't afford it, buy what you can.
investing is according to our capacity, not forced
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As for me I can't tell you if bitcoin is too expensive for you or not. Because you are the only one know how much enter your pocket monthly and nobody can tell that. You can buy if the income is good and you can't buy it if the income is poor. So you have to know your pocket before entering the marketplace of bitcoin.
If you buy it in whole form, it means that 1 Bitcoin is very expensive, but fortunately you can buy it easily; even with an exchange rate of only $50, you can buy it. But to make a profit, you should use large capital so that when the price rises, it will give you a lot of profit. You need to remember that just buying Bitcoin is good enough.
We can buy bitcoin according to our abilities and the money we have. It doesn't have to be a lot but have bitcoin in your wallet. If the want to makes big profits, buy the big one. But if you can't afford it, buy what you can.
investing is according to our capacity, not forced
Investing shouldnt really be that stressful on which you shouldnt really be coming into a point that you would really be that desperate on investing on which you do be able to come into a point
that you would really be taking up some loan. Of course you should really be just that invest on the amount that you are capable of and not really just that tending to do things excessively
on which just on what i have said that being desperate because if you do those sorts of things and the market tend to crash then you would really be able to hard to recover.
As for Bitcoin investment then it doesnt necessary for you to get a whole coin or buy it. You could always buy in fractions and just said that buy only on the best of your capability.
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Bitcoin is a dream for me Bitcoin is for me. Like special ocean which is out of reach for me because I didn't earn that much bitcoin but if I can earn it will be the best gift for me. Because I want to depend on bitcoin to run your family and I want this my first income little girl bitcoin baby so this is my dream financial transaction everything is bitcoin to me.
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We can buy bitcoin according to our abilities and the money we have. It doesn't have to be a lot but have bitcoin in your wallet. If the want to makes big profits, buy the big one. But if you can't afford it, buy what you can.
investing is according to our capacity, not forced
The path you have chosen is correct; that way, you can determine Bitcoin price movements, but you need to know that no one knows the meaning of Bitcoin price movements. When you use small capital but the price movement rises quickly and gives you a lot of profit, then you are missing a very important moment. It's profitable like that, and when you use a lot of capital, it's not certain that the price will rise and that you can make a profit quickly. So it's better to immediately use a lot of capital and focus only on trading in Bitcoin so you don't miss an opportunity that provides a lot of profit.
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We can buy bitcoin according to our abilities and the money we have. It doesn't have to be a lot but have bitcoin in your wallet. If the want to makes big profits, buy the big one. But if you can't afford it, buy what you can.
investing is according to our capacity, not forced
The path you have chosen is correct; that way, you can determine Bitcoin price movements, but you need to know that no one knows the meaning of Bitcoin price movements. When you use small capital but the price movement rises quickly and gives you a lot of profit, then you are missing a very important moment. It's profitable like that, and when you use a lot of capital, it's not certain that the price will rise and that you can make a profit quickly. So it's better to immediately use a lot of capital and focus only on trading in Bitcoin so you don't miss an opportunity that provides a lot of profit.
Investing is buying at the right time and with the right strategy. Whether your capital is large or small, try to learn to find the right moment. If your capital is large, your profits will also be large
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I believe that first of all you need to decide on the duration of the investment in Bitcoin and the capital that is intended for this. Anyone who follows cryptocurrency and can predict something should realize that even at the current price of Bitcoin, investments for 4 or 8 years will be very profitable.
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Bitcoin is a dream for me Bitcoin is for me. Like special ocean which is out of reach for me because I didn't earn that much bitcoin but if I can earn it will be the best gift for me. Because I want to depend on bitcoin to run your family and I want this my first income little girl bitcoin baby so this is my dream financial transaction everything is bitcoin to me.
Bitcoin is everything but please don't depend on it to feed your family, you will one day find a food to eat but wouldn't be able to because of the uncertainty that it has. Bitcoin moves in different direction, it can be in a bear market for 2 years and wouldn't gain anything, this is the period you have to hold but if you are patience enough, you will reap the fruit of of your patience on bullrun.
As for earning, the only legit way to earn Bitcoin is offering service, if you are a developer you can help provide service and people can pay you in Bitcoin since this is a crypto forum and if you are active here and rank up, you will have hope one day to participate in signature Bitcoin paying campaigns.
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You get what you pay for. So the price of Bitcoin does not matter much in terms of investment. if you pay $10, you get $10 worth of BTC in return. If the price of BTC rises in the future, the value of your investment will also increase. So I don't understand why people think that BTC is too expensive. You are getting the amount you are investing. How does that make any difference?
in fact, BTC will always be the best option amongst many. It has to be the top priority. Then you should focus on something else. It is not mandatory to own 1 BTC if that's what you mean by " too expensive for me".
You can own whatever amount you like. That's the beauty of BTC.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
First of all, I wanna say that you don't need to buy a Bitcoin at once you can start with the little amount that you can afford.
Now I wanna say about my self, My own situation from the beginning was very similar to yours, the funds were small and for this I used to engage in various types of altcoins or tokens. I have been bearing loss for two to three years in all the investments I have made in tokens. However, last year I started holding BTC by DCA method with a small amount of only 10 dollars weekly or monthly. Currently, I am in a good profit. So I will also suggest you to take long term strategy and invest in Bitcoin, this will reduce both your risk and loss, and you will also have a good amount of profit.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
First of all, I wanna say that you don't need to buy a Bitcoin at once you can start with the little amount that you can afford.
Now I wanna say about my self, My own situation from the beginning was very similar to yours, the funds were small and for this I used to engage in various types of altcoins or tokens. I have been bearing loss for two to three years in all the investments I have made in tokens. However, last year I started holding BTC by DCA method with a small amount of only 10 dollars weekly or monthly. Currently, I am in a good profit. So I will also suggest you to take long term strategy and invest in Bitcoin, this will reduce both your risk and loss, and you will also have a good amount of profit.
Indeed.
Because there is no need to buy 1BTC directly, what we need to do is prepare as much capital as we can to invest in Bitcoin. What is certain is that it would be much better to focus on Bitcoin, rather than having a lot of money and then being tempted to invest in a new project with the sweet promise of multiple profits in a short time. It's not like that. Because there are a lot of shit coins that will actually harm us. That's why I really agree that it would be much better to accumulate to increase our number of Bitcoins. Or doing DCA is also a quite popular and convincing method so far.
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I believe that first of all you need to decide on the duration of the investment in Bitcoin and the capital that is intended for this. Anyone who follows cryptocurrency and can predict something should realize that even at the current price of Bitcoin, investments for 4 or 8 years will be very profitable.
Well I agree. The first step is that we must first determine whether we will invest for the long term or we will only invest for the short and medium term. The duration of the investment should also be taken into consideration when looking at current prices. In the short term, the current price may look quite high. But I personally think that in the long term the current price is still possible to have a higher increase. But the most important thing is that we must be prepared for the risks we take.
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I believe that first of all you need to decide on the duration of the investment in Bitcoin and the capital that is intended for this. Anyone who follows cryptocurrency and can predict something should realize that even at the current price of Bitcoin, investments for 4 or 8 years will be very profitable.
Well I agree. The first step is that we must first determine whether we will invest for the long term or we will only invest for the short and medium term. The duration of the investment should also be taken into consideration when looking at current prices. In the short term, the current price may look quite high. But I personally think that in the long term the current price is still possible to have a higher increase. But the most important thing is that we must be prepared for the risks we take.
If we buy now, we can hold on until we are bullish next year. I consider this to be medium term. but after the bullish, namely bearish period if you buy bitcoin you will hold on for the long term, around 4 years you will get big profits.
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If we buy now, we can hold on until we are bullish next year. I consider this to be medium term. but after the bullish, namely bearish period if you buy bitcoin you will hold on for the long term, around 4 years you will get big profits.
Currently it seems that not many people want to buy Bitcoin because the price is too expensive, whereas if you have already bought at the current price then there is no other choice to wait until the price rises again, but it should be noted that no one can provide a guarantee if it is bullish. run will happen next year.
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If we buy now, we can hold on until we are bullish next year. I consider this to be medium term. but after the bullish, namely bearish period if you buy bitcoin you will hold on for the long term, around 4 years you will get big profits.
Currently it seems that not many people want to buy Bitcoin because the price is too expensive, whereas if you have already bought at the current price then there is no other choice to wait until the price rises again, but it should be noted that no one can provide a guarantee if it is bullish. run will happen next year.
In the world of investment, no one provides guarantees, because the risk is at your own risk, the risk is borne by each person. Bullishness will occur next year, and it could be the end of this year because bitcoin price movements show a positive direction.
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Bitcoins price increasing day by day so it being expensive gradually i think. But if we buy it small amount by following DCA it will be easer for all i think. It is now mandatory that we have to buy big amount at a time. If we buy par by part then gradually it will be big amount. Now bitcoin price is still reasonable i think. Because it usability increasing day by day. So it’s price will increase there has no doubt.
I strongly believe in future Bitcoin price will hit $100k, $200k even more. So till now it is not too expensive i think.
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If we buy now, we can hold on until we are bullish next year. I consider this to be medium term. but after the bullish, namely bearish period if you buy bitcoin you will hold on for the long term, around 4 years you will get big profits.
We don't need to hold until the next year if we want to take profit faster. We are already in the bullish season, we are just waiting for the new ATH of Bitcoin. We are not a must to hold 3-4 years, it depends on when we buy the Bitcoin. If we buy now, we just need to wait for few months to take profits. But we never get the cheap price anymore if we buy now, the current price is above $50k. It is so different with the first year of bearish that the price was only below $20k.
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I strongly believe in future Bitcoin price will hit $100k, $200k even more. So till now it is not too expensive i think.
This is the target of most bitcoin holders at the moment, I am also targeting $100k as the new ATH that Bitcoin needs to achieve.
At the moment the price is still at $51k and this is also close to the last ATH price ever reached., it is already a remarkable achievement and the price of Bitcoin continues to strengthen.
Doing DCA is indeed good advice, because the price will still fluctuate, and the price will correct at a certain level.
Waiting for cheaper prices is also better, and that's bound to happen in the near future.
Going down doesn't mean bitcoin doesn't have a pumping machine anymore, but a drop will result in a tremendous rise later.
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We don't need to hold until the next year if we want to take profit faster. We are already in the bullish season, we are just waiting for the new ATH of Bitcoin. We are not a must to hold 3-4 years, it depends on when we buy the Bitcoin. If we buy now, we just need to wait for few months to take profits. But we never get the cheap price anymore if we buy now, the current price is above $50k. It is so different with the first year of bearish that the price was only below $20k.
Looking with current bitcoin price I think have in the bullrun moment after bitcoin breaking out above $52k since bullish moment when bitcoin dropping to $20k in the early last year. I think with bitcoin had cycle moment bullsih and bearish not must to hold around four until five years, we can buy back later when price get dropping like bitcoin price in the early last year under $20k.
Its effective earn much profitable without long term holding, we can sell when price pump and buy back later if price going drop or down.
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Looking with current bitcoin price I think have in the bullrun moment after bitcoin breaking out above $52k since bullish moment when bitcoin dropping to $20k in the early last year. I think with bitcoin had cycle moment bullsih and bearish not must to hold around four until five years, we can buy back later when price get dropping like bitcoin price in the early last year under $20k.
Its effective earn much profitable without long term holding, we can sell when price pump and buy back later if price going drop or down.
The current bullrun price will be even crazier because currently Bitcoin has reached a price of $56k even though the halving has not yet been launched and there are still several days ahead, with Bitcoin's increase this much shows that Bitcoin has a very scary price movement for those who are able to afford it. holding Bitcoin when the price is cheap they should by now have made a profit.
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The current bullrun price will be even crazier because currently Bitcoin has reached a price of $56k even though the halving has not yet been launched and there are still several days ahead, with Bitcoin's increase this much shows that Bitcoin has a very scary price movement for those who are able to afford it. holding Bitcoin when the price is cheap they should by now have made a profit.
Yes, those who buy bitcoin in 2022 will definitely be smiling, their hands are shaking because big profits are already in hand. But I'm sure they are still holding it and waiting for the bullish season. Investors' hope is that bitcoin will reach a price of more than $125K.
Imagine what the profit would be if they had bought at a price below $ 20 K with big money at that time. Nowadays the price is getting more expensive, some are definitely hesitant to buy it.
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Understand, it all depends on your (personal) expectations. A "small amount" - as you wrote, it's different for everyone. If all of a sudden, have not invested before, it is better to take a look from the outside. If we are talking about altcoins, you need to analyze a lot + compare many factors. In comparison, it's definitely a bit better to save savings in bitcoin. But the % of income, you can get much less. Again (to reiterate), it all depends = on the amount invested/for how long/what your expectations are.
My one of my favorite strategies, the invested amount is taken away and the free coins are left for long term storage. In that case, 0 excitement and can expect growth for much longer. In that respect, everything is as individualized as possible.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
I think you should choose bitcoin after complete knowledge about it and you should be familiar with the fact that bitcoin is for everyone, may you have little or more money if you want then you can invest in bitcoin. If you have now little amount then invest it in bitcoin and after that whenever you find an opportunity then you can invest it little by little in bitcoin because it is not necessary that you will put all amount at once in bitcoin.
As compared to bitcoin altcoins are risky so they cannot give you guaranteed profit like that of bitcoin. If you are asking about the investment decision of bitcoin and altcoin then everyone will suggest bitcoin because no altcoin can ever be more successful than bitcoin.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
I think you should choose bitcoin after complete knowledge about it and you should be familiar with the fact that bitcoin is for everyone, may you have little or more money if you want then you can invest in bitcoin. If you have now little amount then invest it in bitcoin and after that whenever you find an opportunity then you can invest it little by little in bitcoin because it is not necessary that you will put all amount at once in bitcoin.
As compared to bitcoin altcoins are risky so they cannot give you guaranteed profit like that of bitcoin. If you are asking about the investment decision of bitcoin and altcoin then everyone will suggest bitcoin because no altcoin can ever be more successful than bitcoin.
Big or small amount of Bitcoin can be bought at any time and from a legit source. For those who say the price is too high, the DCA strategy of investment is available and it one that can see someone with less income buy few Satoshis and HoDL and keep doing so for a while without trading it or withdrawal. It can be done consistently for up to a decade, by then if one were to withdraw or reinvest the few Sats bought consistently over the time, it would have amassed to millions.
It's good advice to buy as much as one has, but HoDL and DCA an most importantly, use a safe and secure wallet. Not your keys, not your coins.
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My one of my favorite strategies, the invested amount is taken away and the free coins are left for long term storage. In that case, 0 excitement and can expect growth for much longer. In that respect, everything is as individualized as possible.
Every person has their strategies and thought processes regarding the market and their investments. The strategy you mentioned about is good but it sometimes can deprive you of the profits you could collect when you only collect your invested amount and keep the remaining funds thinking that you will get profit later on in case the price drops later on.
This is why, I always prefer taking a small percentage of profit along with my initial invested capital when the token/coin that I have invested in goes up in price. This way, even if it goes back down, I at least won't feel bad.
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My one of my favorite strategies, the invested amount is taken away and the free coins are left for long term storage. In that case, 0 excitement and can expect growth for much longer. In that respect, everything is as individualized as possible.
Every person has their strategies and thought processes regarding the market and their investments. The strategy you mentioned about is good but it sometimes can deprive you of the profits you could collect when you only collect your invested amount and keep the remaining funds thinking that you will get profit later on in case the price drops later on.
This is why, I always prefer taking a small percentage of profit along with my initial invested capital when the token/coin that I have invested in goes up in price. This way, even if it goes back down, I at least won't feel bad.
Various methods can be used in investing and all of them are, of course, adapted to individual circumstances and, of course, as long as the goal is to make a profit, this is something that is very good to do.
There are those who really want to invest in free coins. Of course, that is also good, but you won't be able to get the maximum because we know that free coins are not always plentiful and can rarely be obtained. But I slightly prefer the method above by adding a small percentage or, whatever the profits obtained from the investment, of course it will be more effective and faster to get maximum profits.
In principle, all actions in investing in any scheme are the best actions to take and should be an example..
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Greetings to everyone.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Yes, it is. As long as the little money you have is the money you can afford to lose, there is no harm in investing in bitcoin since you are going to have the mindset of hodling bitcoin for a long.
The only wrong you will do is when you must have invested little money in Bitcoin and expect a huge profit thereof within a short period, bitcoin won't give it to you.
If you don't have a long-term goal in bitcoin, don't invest in it, instead invest in altcoin since it can give short-term profits. That's my advice to you and it is left for you to choose to invest in bitcoin or altcoin
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Looking with current bitcoin price I think have in the bullrun moment after bitcoin breaking out above $52k since bullish moment when bitcoin dropping to $20k in the early last year. I think with bitcoin had cycle moment bullsih and bearish not must to hold around four until five years, we can buy back later when price get dropping like bitcoin price in the early last year under $20k.
Its effective earn much profitable without long term holding, we can sell when price pump and buy back later if price going drop or down.
The current bullrun price will be even crazier because currently Bitcoin has reached a price of $56k even though the halving has not yet been launched and there are still several days ahead, with Bitcoin's increase this much shows that Bitcoin has a very scary price movement for those who are able to afford it. holding Bitcoin when the price is cheap they should by now have made a profit.
As of today Bitcoin price got to $57, 600. It's obviouse that we are coming close to the previous all time high price of Bitcoin which may likely be met before the halving can even take place. If OP invest now, he had a big chance to make enough profit after Bitcoin crosse $100k which might happen this year or next year.
Although I still have some doubt but it could also be possible the price of Bitcoin can get to $100k before the end of this year and by next year we can bring expecting $130k - $150k.
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Looking with current bitcoin price I think have in the bullrun moment after bitcoin breaking out above $52k since bullish moment when bitcoin dropping to $20k in the early last year. I think with bitcoin had cycle moment bullsih and bearish not must to hold around four until five years, we can buy back later when price get dropping like bitcoin price in the early last year under $20k.
Its effective earn much profitable without long term holding, we can sell when price pump and buy back later if price going drop or down.
The current bullrun price will be even crazier because currently Bitcoin has reached a price of $56k even though the halving has not yet been launched and there are still several days ahead, with Bitcoin's increase this much shows that Bitcoin has a very scary price movement for those who are able to afford it. holding Bitcoin when the price is cheap they should by now have made a profit.
As of today Bitcoin price got to $57, 600. It's obviouse that we are coming close to the previous all time high price of Bitcoin which may likely be met before the halving can even take place. If OP invest now, he had a big chance to make enough profit after Bitcoin crosse $100k which might happen this year or next year.
Although I still have some doubt but it could also be possible the price of Bitcoin can get to $100k before the end of this year and by next year we can bring expecting $130k - $150k.
Up to this time, you should feel more confident about investing in Bitcoin as it has now starting to prove itself one more time. Bitcoin will surely make another unexpected move that will shock everyone around the world, it will result in a new ath price. Some individuals still believe that Bitcoin is like a bubble and will cause its price to go back to $10k or even disappear.
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At this point in time, you should be feeling more confident about Bitcoin as it has started to prove itself once again. It is likely that Bitcoin will make another unexpected move that will shock the world, resulting in a new all-time high price. Although some individuals still believe that Bitcoin is a bubble and will cause its price to plummet to $10k or even disappear entirely, many others remain optimistic about its future prospects.
I have always believed in Bitcoin more because this coin has an increasingly limited supply and it will be increasingly difficult to get Bitcoin, the movement of Bitcoin will have clear surprises, the price will always rise and it is impossible to fall to $10k, that is not possible, if the price will collapsed to the price you mentioned. I will sell my house assets to buy Bitcoin.
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Looking with current bitcoin price I think have in the bullrun moment after bitcoin breaking out above $52k since bullish moment when bitcoin dropping to $20k in the early last year. I think with bitcoin had cycle moment bullsih and bearish not must to hold around four until five years, we can buy back later when price get dropping like bitcoin price in the early last year under $20k.
Its effective earn much profitable without long term holding, we can sell when price pump and buy back later if price going drop or down.
The current bullrun price will be even crazier because currently Bitcoin has reached a price of $56k even though the halving has not yet been launched and there are still several days ahead, with Bitcoin's increase this much shows that Bitcoin has a very scary price movement for those who are able to afford it. holding Bitcoin when the price is cheap they should by now have made a profit.
Bitcoin price is increasing rapidly as time passes. The Bitcoin price has already increased significantly due to Halving. It took very little time to go from 53K to 57K. Bitcoin is getting more and more expensive. The purchasing power of common people is going out. Those who got the opportunity to buy Bitcoin early last year were able to buy Bitcoin at a very low price but now the price has increased so much that it is becoming difficult for many to hold.. But those who believe in the potential of Bitcoin will try to buy whatever the price is in this situation.
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At this point in time, you should be feeling more confident about Bitcoin as it has started to prove itself once again. It is likely that Bitcoin will make another unexpected move that will shock the world, resulting in a new all-time high price. Although some individuals still believe that Bitcoin is a bubble and will cause its price to plummet to $10k or even disappear entirely, many others remain optimistic about its future prospects.
I have always believed in Bitcoin more because this coin has an increasingly limited supply and it will be increasingly difficult to get Bitcoin, the movement of Bitcoin will have clear surprises, the price will always rise and it is impossible to fall to $10k, that is not possible, if the price will collapsed to the price you mentioned. I will sell my house assets to buy Bitcoin.
That should be the case for everyone. Bitcoin is only limited, some portion is being lost due to different kind of reasons. As a result, if more of investors invest in the market, surely the demand for Bitcoin will increase more, the price will skyrocket. Previously, Bitcoin has more attention and a lot of people are becoming interested to invest because they see the potential, which many people fail to see for themselves.
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I have always believed in Bitcoin more because this coin has an increasingly limited supply and it will be increasingly difficult to get Bitcoin, the movement of Bitcoin will have clear surprises, the price will always rise and it is impossible to fall to $10k, that is not possible, if the price will collapsed to the price you mentioned. I will sell my house assets to buy Bitcoin.
Yes, as you mentioned, it is impossible for the price of Bitcoin to fall to such a low price, with this ETF preventing the decline in the price of Bitcoin that might occur because the ETF is able to make it easier for people to buy Bitcoin, which means the price will always rise. A price of $200k maybe will be achieved next year when the bull run occurs.
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Looking with current bitcoin price I think have in the bullrun moment after bitcoin breaking out above $52k since bullish moment when bitcoin dropping to $20k in the early last year. I think with bitcoin had cycle moment bullsih and bearish not must to hold around four until five years, we can buy back later when price get dropping like bitcoin price in the early last year under $20k.
Its effective earn much profitable without long term holding, we can sell when price pump and buy back later if price going drop or down.
The current bullrun price will be even crazier because currently Bitcoin has reached a price of $56k even though the halving has not yet been launched and there are still several days ahead, with Bitcoin's increase this much shows that Bitcoin has a very scary price movement for those who are able to afford it. holding Bitcoin when the price is cheap they should by now have made a profit.
Bitcoin price is increasing rapidly as time passes. The Bitcoin price has already increased significantly due to Halving. It took very little time to go from 53K to 57K. Bitcoin is getting more and more expensive. The purchasing power of common people is going out. Those who got the opportunity to buy Bitcoin early last year were able to buy Bitcoin at a very low price but now the price has increased so much that it is becoming difficult for many to hold.. But those who believe in the potential of Bitcoin will try to buy whatever the price is in this situation.
Today's bitcoin movie from bitoin is something that we should see with Great expectation because basically the things that can be achieved are very Few, whoever has saved my recommendation is that he saves even more bitcoin, because there is no other way , those who They sold for $64k and they repurchased or are repurchasing, but they make more, it is a fact that the move is very good, but this is like the one who took Advantage because he took advantage, at these times I am a little more in a state of patience because it is Difficult It could be that the market rises in price, and this becomes even more exciting.
Bitcoin is one of the currencies that will have the most value in the future, I do not doubt that bitcoin is the universal currency and there is no other currency, it is the only one that can make the world move very well, there is no inflation, there is nothing , the Regulations have been Invented by Governments themselves, but it is something that Should not be.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Hodlers already has profit from this price movement but I think most holders wants more of the current price I think $85k-$100k . I am wondering how high hodlers have to hodl and then take profit, is it $70k, $80k, $90k or even a $100k? I personally have high hopes it will reach $85k up but yeah it is too early to speculate as a lot of things might happen along the way in this market condition.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Hodlers already has profit from this price movement but I think most holders wants more of the current price I think $85k-$100k . I am wondering how high hodlers have to hodl and then take profit, is it $70k, $80k, $90k or even a $100k? I personally have high hopes it will reach $85k up but yeah it is too early to speculate as a lot of things might happen along the way in this market condition.
Each holder will definitely target where they will take advantage, and I think each one has their own analysis. Even if one buys at $20k or lower, that's already a big profit.
As for the exact price at which ATH will occur, no one can accurately predict it in my opinion. And now we just need to wait a little more after all this time. It's nice to see the holders smiling. Our wait for all this time will soon be achieved.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Hodlers already has profit from this price movement but I think most holders wants more of the current price I think $85k-$100k . I am wondering how high hodlers have to hodl and then take profit, is it $70k, $80k, $90k or even a $100k? I personally have high hopes it will reach $85k up but yeah it is too early to speculate as a lot of things might happen along the way in this market condition.
If you are at 85k, I am slightly below you at 75k, where at this price I have made quite a profit in my opinion, and then I will struggle to collect it again when the market is declared corrected,
It's true that you said it's too early to speculate on BTC, but there's nothing wrong if we have price speculation to achieve our profits
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My vision on bitcoin and its price is the following - I dont pay much attention on the price, but I carefully look how quickly it changes. I cant evaluate as expensive, as because it isnt necessary to buy a whole bitcoin at once. But sometimes I am disappointed of how it suddenly becomes expensive to transfer it. You see, not the price bothers me, but expensive usage of it.
Example: I can buy $10 worth bitcoin, and $10 worth matic for example. Next day their value would be, lets suppose $10.12 and $10.09. But to be able to send it, I would pay $2+ or few cents. That is what bothers me.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Very very much hopeful because the price isn't planning to stop anytime soon and I believe that this surge might even continue till the second week of March and only God knows what the value will be by the time the price reaches that amount. Bitcoin has surprised everyone I guess because I for one didn't actually expect the price to actually hit this high amount and I doubt that there is going to be any slow down of the price.
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Anything that has a future prospect shouldn't be that expensive for us to have a take with, we should learn to adaptation, learning of new thing and giving the required sacrifice needed because at the end of it all, its for our own good, bitcoin should be the most expensive asset by the virtue of its worth but yet it comes down to everyone's level that we can afford to make the investment in it with as little amount we can afford to start with and not having to go through any financial regulatory bodies before we can start.
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Anything that has a future prospect shouldn't be that expensive for us to have a take with, we should learn to adaptation, learning of new thing and giving the required sacrifice needed because at the end of it all, its for our own good, bitcoin should be the most expensive asset by the virtue of its worth but yet it comes down to everyone's level that we can afford to make the investment in it with as little amount we can afford to start with and not having to go through any financial regulatory bodies before we can start.
You are right, we can start with small amounts. In the past 2014 I have started buying and selling bitcoins from a little and then due to making profits now it has become quite a lot. Because I'm not a person with a lot of capital and I know the price of bitcoin is very expensive.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Yes this is a good news for all bitcoin holders as now the price is 62k$ which is a huge achievement of bitcoin. The price smoothly goes up from 52k$ to 63k$ which means that achieving new ATH is not much harder for bitcoin and very soon it will reach to all the time high worth.
This increase is not only courage of bitcoin holders but for all those who have little knowledge about bitcoin so I think If this achievement remains same then in no time people all around the world will start accepting bitcoin.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Yes this is a good news for all bitcoin holders as now the price is 62k$ which is a huge achievement of bitcoin. The price smoothly goes up from 52k$ to 63k$ which means that achieving new ATH is not much harder for bitcoin and very soon it will reach to all the time high worth.
This increase is not only courage of bitcoin holders but for all those who have little knowledge about bitcoin so I think If this achievement remains same then in no time people all around the world will start accepting bitcoin.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Very very much hopeful because the price isn't planning to stop anytime soon and I believe that this surge might even continue till the second week of March and only God knows what the value will be by the time the price reaches that amount. Bitcoin has surprised everyone I guess because I for one didn't actually expect the price to actually hit this high amount and I doubt that there is going to be any slow down of the price.
The way the price of Bitcoin is going, I have a strong feeling that Bitcoin will continue to rise more but it will relent for a while, maybe just a week or a couple if days, but it will continue getting high. However Bitcoin might continue rising even after second week of March because it's going with a higher speed this time around. Bitcoin is about to meet a new ATH and we are expecting it to be so in the history of Bitcoin. Moreover this is the perfect time to start holding for anyone who's not holding yet
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OP as I see your post, if you actually bought as a that the time or period you made this post, then I believe by now you must be on profit or if you are trading,you must have collected so much profit by now.
Now that it is bull run, the market is green as usual and there are lots of projects launching but to be frank one will have to be careful as there are also scam projects out there with no good intentions but to scam people of their hard earned resources. One would have no option than to do their due diligence before investing in any project this season and if investing, it is advisable to invest with funds you can afford to lose so that if anything happens, there would not be any issues with the investor.
Investors should watch out for reliable project before investing this season. Do not fall for scam.
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First time OP asking with this question when bitcoin still dropping under $40k and he was think about bitcoin too expensive for him, but what happen today are there still most expensive price of bitcoin for him after success breaking out more than $64k? I don't think its necessary for asking about bitcoin on the expensive price right now, you will get disappointed later when looking price of bitcoin suddenly up and make new all time high price.
Don't ask too many questions, but have the courage to make a decision to invest in Bitcoin, even though the current price has increased slightly.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
An investor is someone who invests, you can consider yourself an investor, but you also won’t be considered one without receiving good profits from it. I, of course, don’t know what kind of investments we are talking about, but as a rule, people start making money on investments when they invest the money that can bring big profits. in total and not as a percentage, you can buy bitcoin for $100 but don’t expect that you will get $1000 from your investment, otherwise you will lose everything and not earn it.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
An investor is someone who invests, you can consider yourself an investor, but you also won’t be considered one without receiving good profits from it. I, of course, don’t know what kind of investments we are talking about, but as a rule, people start making money on investments when they invest the money that can bring big profits. in total and not as a percentage, you can buy bitcoin for $100 but don’t expect that you will get $1000 from your investment, otherwise you will lose everything and not earn it.
In my opinion, when investing, don't set a profit target that is too high, buy $100 and hope for a profit of $1000, a profit of 10 in the long term, this can happen if you hold for the long term, buy when it's cheap and sell when it's expensive.
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Is Bitcoin Too Expensive For Me?
I can tell you that people have been asking this same question since Bitcoin first had value, whether it was just a few $ or a few tens of $. For some Bitcoin has always been expensive, for others it is not too expensive even today because they understand that even the small amount they buy has a great potential value.
All those who focus exclusively on the price of 1 BTC definitely have a "problem" if they want to invest in it, and because of this they often invest in BTC forks that are worth incomparably less and live in the belief that they have bought Bitcoin. Numbers can sometimes be quite deceptive, so someone will say that 1 BCH is worth more than 0.10 BTC, and of course that is not true.
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Bitcoin is never too expensive as you can buy in any increment you want. You can buy 10$ worth if you want, hold it and sell for a profit when the price goes up. We have seen the price roller coaster for years but it has always ended up at a new all time high. IMO bitcoin is a sound investment and it's never too late.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
You are not forced to purchase huge amount of Bitcoins. You can buy and deposit any amount of Bitcoin you want. You can buy or sell any amount of Bitcoin at any time you want without any liability.
However, in some exchanges, you can withdraw after purchasing a certain amount, but you can purchase bitcoins whenever you need.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
What is your goal? At what amount of profit do you want to get this upcoming bull run? And what cryptocurrency do you want to buy or hold in the bull season? Because if you don't know why you're asking, it's better to find out or take a step to learn the altcoins that can give you good earnings in the future.
Then, for Bitcoin or cryptocurrency, you can buy it for a small amount, something around 10 dollars; it can be done on any exchange, whether Cex or Dex, as far as I know.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
What is your goal? At what amount of profit do you want to get this upcoming bull run? And what cryptocurrency do you want to buy or hold in the bull season? Because if you don't know why you're asking, it's better to find out or take a step to learn the altcoins that can give you good earnings in the future.
Then, for Bitcoin or cryptocurrency, you can buy it for a small amount, something around 10 dollars; it can be done on any exchange, whether Cex or Dex, as far as I know.
Each of us does have that the same or common goals in mind when it comes on dealing up with crypto market whether dealing up with Bitcoin or with altcoins. We do share up on the same goal
or targets on which it is really that making money or profits. Bitcoin is too expensive for you? We can make those small purchase or in fractions. There are really just that people who are really
that trying to accumulate a whole coin.Well, its not a bad target but if it turns out to be hard then better not to make yourself that be stressed.
This is why it would be better that you should really know on what you are doing. It is really just that impossible that you cant really be able to point out those things.
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Bitcoin is never too expensive as you can buy in any increment you want. You can buy 10$ worth if you want, hold it and sell for a profit when the price goes up. We have seen the price roller coaster for years but it has always ended up at a new all time high. IMO bitcoin is a sound investment and it's never too late.
I agree that it is never too late for anyone who is ready to take the risk by investing in bitcoin. Because I still remember many people asking similar questions like the OP when the price of bitcoin touched 30k and then the question came back at the price of 40k and now the price has reached 60k. I hope everyone can learn by looking at the history of btc price movements and thinking about every pattern that has formed. Because I am sure that for those of us who invest long term in BTC, the current price is still far from our expected target.
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Bitcoin is expensive, isn't something good expensive?
If we only have a little money, we should buy a little but periodically. Maybe DCA is the best way we can do it. We can buy bitcoin every week or twice a week. The current price of bitcoin is already high, but don't worry about being trapped by a high price, because next year the price of bitcoin will be even higher when it hits the new ATH.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
An investor is someone who invests, you can consider yourself an investor, but you also won’t be considered one without receiving good profits from it. I, of course, don’t know what kind of investments we are talking about, but as a rule, people start making money on investments when they invest the money that can bring big profits. in total and not as a percentage, you can buy bitcoin for $100 but don’t expect that you will get $1000 from your investment, otherwise you will lose everything and not earn it.
In my opinion, when investing, don't set a profit target that is too high, buy $100 and hope for a profit of $1000, a profit of 10 in the long term, this can happen if you hold for the long term, buy when it's cheap and sell when it's expensive.
So everyone does, I was not talking about this but about the fact that expecting to earn a lot is often not always right and it is better not to wait for super profit and get a real profit, but this happens when a person invests very little (for example, 100 $) and wants to get from this 1000
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Bitcoin is never too expensive as you can buy in any increment you want. You can buy 10$ worth if you want, hold it and sell for a profit when the price goes up. We have seen the price roller coaster for years but it has always ended up at a new all time high. IMO bitcoin is a sound investment and it's never too late.
You are right, we can buy bitcoin according to our abilities, we can buy $10, $20 or $30. If you buy 1 BTC now it is clearly expensive because the price of Bitcoin has reached $62K.
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You are right, we can buy bitcoin according to our abilities, we can buy $10, $20 or $30. If you buy 1 BTC now it is clearly expensive because the price of Bitcoin has reached $62K.
It's expensive, there's no doubt about that - but it's still not as expensive for someone who has a good salary and lives in a country where he can very easily get a favorable loan from the bank, and if he also understands what will most likely happen in 1-2 years then he will easily double that amount. If by any chance he lives in a country where there is no tax on cryptocurrency profits, even better for him because he will earn even more money.
On the other hand, for someone who lives in a country where he barely survives on his salary, even if the price of BTC was only $1000, it would be too expensive for him.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Do you believe Bitcoin will go further up? Do you have any better alternatives to put your money into?
People tend to think that if they can't do at least x10 on Bitcoin, then it's somehow too late. The reality is, if does say another 20% in a short period of time, then it'll still outperform the vast majority of traditional investment instruments.
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from my greatest knowledge and understanding within the little space I join the cryptocurrency community, I have never seen neither do I believe there is law stated that one must buy bitcoin with a specific and a special amount first before s/he must own and hold bitcoin for the starting. So why not buy bitcoin with the little amount you think you can afford than keeps waiting for your funds to get larger as think before venturing the cryptocurrency space?
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from my greatest knowledge and understanding within the little space I join the cryptocurrency community, I have never seen neither do I believe there is law stated that one must buy bitcoin with a specific and a special amount first before s/he must own and hold bitcoin for the starting. So why not buy bitcoin with the little amount you think you can afford than keeps waiting for your funds to get larger as think before venturing the cryptocurrency space?
Whats the main issue on here is that people doesnt really like on getting left behind and this is why on the time that they are seeing that the price is already high then they would really be considering that they are already too late for them to invest, without even trying out to realize that there's no such thing about being late. If we do tend to zoom out on how many % does that overall population we do have globally knows about bitcoin then we can really be able to tell that its never been too late to make out such involvement on which trying out to accumulate
as much as we can while the price isnt that too high. Also its not needed for you to get a whole coin since you could be able to buy in fractions.
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In today's market about bitcoin, there are quite a lot of people who are surprised by the performance that Bitcoin did in just a matter of 3 days. It immediately reached more than 63k, and now it has gone down a little to the price of 62k or something.
It's closed a bit at 69k$, something that is close to breaking the previous ATH of bitcoin, so those who have BTC holdings there are a bit more encouraged and hopeful about 100k$ each in the future.
Hodlers already has profit from this price movement but I think most holders wants more of the current price I think $85k-$100k . I am wondering how high hodlers have to hodl and then take profit, is it $70k, $80k, $90k or even a $100k? I personally have high hopes it will reach $85k up but yeah it is too early to speculate as a lot of things might happen along the way in this market condition.
If you are at 85k, I am slightly below you at 75k, where at this price I have made quite a profit in my opinion, and then I will struggle to collect it again when the market is declared corrected,
It's true that you said it's too early to speculate on BTC, but there's nothing wrong if we have price speculation to achieve our profits
Indeed, everyone has their own standards for determining how much, because it is calculated from purchases that may have been made. Some feel like $75K is enough, but there may be those who want up to $100K. because we hope that this price will be available until the end of this month and before the halving period. So just like you, after releasing, wait for the time when there will be a correction that occurs after the halving and buy back to wait for the renewable ATH, which will occur in 2025.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
If you are buying Bitcoin for the purpose of holding then I will advise you buy Bitcoin bulk or small amount, it's not said anywhere that Bitcoin us for those that have much money Bitcoin can be access and purchase by anyone depends on the amount you need. Don't invest money you can't afford to lose in crypto it's very advisable to start your crypto journey with as much you can risk because sometimes market goes up and down. In order not to you do your research and understand the terms involved then you can start investing in Bitcoin straight away.
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If you are buying Bitcoin for the purpose of holding then I will advise you buy Bitcoin bulk or small amount, it's not said anywhere that Bitcoin us for those that have much money Bitcoin can be access and purchase by anyone depends on the amount you need. Don't invest money you can't afford to lose in crypto it's very advisable to start your crypto journey with as much you can risk because sometimes market goes up and down. In order not to you do your research and understand the terms involved then you can start investing in Bitcoin straight away.
The mistake of novice investors is that they do not analyze what they are investing in, yes, bitcoin always goes up in value over the long haul, but you have to realize that simple thoughtlessness can lead to the fact that you may not even know about it, yet cryptocurrencies are for those who need to understand.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
actually if you did consider buying that time(when you posted this) for sure you have made more than 10% profit now doesnt matter how much capital you have.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
so congrats then because surely you are making money now.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
if you trust a coin then try to buy even which coin is that ,but bitcoin is still the best.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
If you are buying Bitcoin for the purpose of holding then I will advise you buy Bitcoin bulk or small amount, it's not said anywhere that Bitcoin us for those that have much money Bitcoin can be access and purchase by anyone depends on the amount you need. Don't invest money you can't afford to lose in crypto it's very advisable to start your crypto journey with as much you can risk because sometimes market goes up and down. In order not to you do your research and understand the terms involved then you can start investing in Bitcoin straight away.
Buy bitcoin when it is bearish, it will be safe for beginners. So if you don't have experience and knowledge, it's best to buy Bitcoin during the bear season, possibly 2025 or after the bull season in 2024. If we buy it when it's good, just hold it until the bull season 4 years later.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Well, if you feel that Bitcoin is a little expensive for you, you can start buying in smaller amounts that you can afford. Because Bitcoin is never too expensive for investors, because you can buy it in smaller amounts and do DCA on it. If you practice things like this and are consistent, then it will be very possible that you can accumulate Bitcoin in larger amounts and make a profit from it.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Well, if you feel that Bitcoin is a little expensive for you, you can start buying in smaller amounts that you can afford. Because Bitcoin is never too expensive for investors, because you can buy it in smaller amounts and do DCA on it. If you practice things like this and are consistent, then it will be very possible that you can accumulate Bitcoin in larger amounts and make a profit from it.
I agree, we can buy bitcoin according to our abilities and the money we have, because bitcoin can be bought in small amounts. Bitcoin can also be bought using the DCA method, buy every week, etc. Bitcoin is expensive, if you buy large amounts.
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The mistake of novice investors is that they do not analyze what they are investing in, yes, bitcoin always goes up in value over the long haul, but you have to realize that simple thoughtlessness can lead to the fact that you may not even know about it, yet cryptocurrencies are for those who need to understand.
It is true that this is an important point that beginners who want to start investing must really understand. And I hope they don't invest based solely on FOMO. Because usually those who invest because of FOMO are those who don't do any analysis at all. But they act only based on emotional impulses which are always afraid of missing out or something like that.
Beginners should start with a basic understanding of the assets they want to get into. He must know the cycles that exist in the market as well and must be prepared for the risks he will take. And he must also understand how to invest in the long term or short term.
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The mistake of novice investors is that they do not analyze what they are investing in, yes, bitcoin always goes up in value over the long haul, but you have to realize that simple thoughtlessness can lead to the fact that you may not even know about it, yet cryptocurrencies are for those who need to understand.
It is true that this is an important point that beginners who want to start investing must really understand. And I hope they don't invest based solely on FOMO. Because usually those who invest because of FOMO are those who don't do any analysis at all. But they act only based on emotional impulses which are always afraid of missing out or something like that.
Beginners should start with a basic understanding of the assets they want to get into. He must know the cycles that exist in the market as well and must be prepared for the risks he will take. And he must also understand how to invest in the long term or short term.
Very well you drew a line about FOMO) yes in fact according to my observations the main part of investors only for FOMO and invests, yes it is not a very correct approach but in cryptocurrencies there is such a thing as they are promised to exaggerate their capital 5-10 times literally in 3-5 years and in the ordinary world the increase of capital in 5-10 times means waiting for about 50 years, so here FOMO plays a big role.
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Very well you drew a line about FOMO) yes in fact according to my observations the main part of investors only for FOMO and invests, yes it is not a very correct approach but in cryptocurrencies there is such a thing as they are promised to exaggerate their capital 5-10 times literally in 3-5 years and in the ordinary world the increase of capital in 5-10 times means waiting for about 50 years, so here FOMO plays a big role.
FOMO will play a big role, but we have to play fast. because when the FOMO is over we will miss the train. because when we wanted to sell and it was too late the price had gone down. For those who want to invest safely, buy and hold for the long term, you can use the DCA method. And you can buy bitcoin with as little capital as you have, if you buy large amounts it is very expensive.
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Way back on December 2023 when OP posted this, the price of Bitcoin was around $43k and now we're on the $60k price and still counting and moving some more. If that question has been asked by that time and someone obeyed the people that have told them to buy while it's cheap, they're in profit. Yes, it's quite expensive but that expensiveness comes to the idea of you don't have to take that much risk because this is the blue chip of this market.
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Way back on December 2023 when OP posted this, the price of Bitcoin was around $43k and now we're on the $60k price and still counting and moving some more. If that question has been asked by that time and someone obeyed the people that have told them to buy while it's cheap, they're in profit. Yes, it's quite expensive but that expensiveness comes to the idea of you don't have to take that much risk because this is the blue chip of this market.
asking too much for opinions, and considering without a solution, you will always think that the price of BTC is expensive, even though BTC doesn't need to be bought immediately at 1 BTC for each purchase, it can be in the amount of cents, by setting aside money little by little it will definitely become 1 BTC in the future
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FOMO will play a big role, but we have to play fast. because when the FOMO is over we will miss the train. because when we wanted to sell and it was too late the price had gone down. For those who want to invest safely, buy and hold for the long term, you can use the DCA method. And you can buy bitcoin with as little capital as you have, if you buy large amounts it is very expensive.
Yes, there are a lot of ways to invest the main thing is to understand when you are going to get out of the deal and exchange bitcoins for dollars, and here of course FOMO can play both a bad role and a good one, the bad is if you overdo it and the price goes down and the good is when you do not get out of the deal and wait for the maximum price, you have to maneuver and sell at the right time.
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Yes, there are a lot of ways to invest the main thing is to understand when you are going to get out of the deal and exchange bitcoins for dollars, and here of course FOMO can play both a bad role and a good one, the bad is if you overdo it and the price goes down and the good is when you do not get out of the deal and wait for the maximum price, you have to maneuver and sell at the right time.
For now, maybe I won't exchange my bitcoin for dollars, because I see the high demand for bitcoin after the bitcoin ETF and maybe because it is approaching the bitcoin halving. Bitcoin is already expensive and I will sell it when it is really expensive, waiting for the bull season.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
It is advised that every crypto investor should invest with the little amount they always have not with the amount they can't afford to lose because of the uncertainty surrounding the crypto market of what nobody knows what the future holds for crypto investment.
Bitcoin is the best investment an investor can have for the future. Investing in it, is more secure than having an altcoin investment, which is only good for short-term investment plans not for long-term.
A little amount invested in bitcoin can, in the long run, yield more profits for you than investing in altcoin for quick yield.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
No other coin investment compares to Bitcoin. Bitcoin is always the best and will always be the best. With the amount of money you have I think you can do with Bitcoin if you invest in Bitcoin you will be much more successful in the next bull market than you might be with other coins. But another coin i can suggest you to focus is ethereum if you are holding ethereum along with bitcoin then i think you can get success with ethereum investment but advice for you never go with meme coin if want with meme coin then maybe your. You can lose money because coins like meme houses are dead the most.
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Yes, there are a lot of ways to invest the main thing is to understand when you are going to get out of the deal and exchange bitcoins for dollars, and here of course FOMO can play both a bad role and a good one, the bad is if you overdo it and the price goes down and the good is when you do not get out of the deal and wait for the maximum price, you have to maneuver and sell at the right time.
For now, maybe I won't exchange my bitcoin for dollars, because I see the high demand for bitcoin after the bitcoin ETF and maybe because it is approaching the bitcoin halving. Bitcoin is already expensive and I will sell it when it is really expensive, waiting for the bull season.
I naturally do not need to tell you when to sell because you are on this forum and elementary things yourself know very well and naturally that now to sell bitcoin is very stupid and now it should be bought and not sold, now is the best time to invest because now you can get profit in a very short time.
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I naturally do not need to tell you when to sell because you are on this forum and elementary things yourself know very well and naturally that now to sell bitcoin is very stupid and now it should be bought and not sold, now is the best time to invest because now you can get profit in a very short time.
Yes you're right. Now is the time to hold bitcoin, buy and hold. It's time to sell bitcoin later during the bull season. because we are both waiting for the bullish season, while the halving hasn't happened yet. Halving is expected to occur in April this year, so be patient
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I naturally do not need to tell you when to sell because you are on this forum and elementary things yourself know very well and naturally that now to sell bitcoin is very stupid and now it should be bought and not sold, now is the best time to invest because now you can get profit in a very short time.
Yes you're right. Now is the time to hold bitcoin, buy and hold. It's time to sell bitcoin later during the bull season. because we are both waiting for the bullish season, while the halving hasn't happened yet. Halving is expected to occur in April this year, so be patient
For those who are behind and don't have btcoin in their wallet, now could be one for them to buy, but keep in mind you have to buy with money prepared for the long term. Because if something happens we can be better prepared to accept it.
Meanwhile, for people who already have bitcoin, I think this is the wrong time if they want to take advantage, that's fine. While holding back some for us to take when the bullish season arrives. It depends on us whether we will take maximum advantage, or try to enjoy it from now on.
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We are currently at the top as it recently hit $70k and for me it is to risky to buy as anytime price might fluctuate or fall but if you really insist in buying I think you do it at your own risk. If you are a long term hodler then it doesnt matter buying at the current price just do the DCA thing so you will maximize the profit.
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We are currently at the top as it recently hit $70k and for me it is to risky to buy as anytime price might fluctuate or fall but if you really insist in buying I think you do it at your own risk. If you are a long term hodler then it doesnt matter buying at the current price just do the DCA thing so you will maximize the profit.
All decisions if we buy now will be a risk, not a risk of losing but a risk of holding for a longer time, because I believe bitcoin will continue to grow even if the market crashes again.
If we are ready to take all the risks then do it, after all if we can keep holding it then we will never lose money. However, usually we don't want to hold on to assets for a long time, I mean if it's longer than necessary we will definitely feel a little regretful.
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We are currently at the top as it recently hit $70k and for me it is to risky to buy as anytime price might fluctuate or fall but if you really insist in buying I think you do it at your own risk. If you are a long term hodler then it doesnt matter buying at the current price just do the DCA thing so you will maximize the profit.
As you said, the DCA method is quite helpful in determining the choice to buy or sell assets, but I prefer to keep Bitcoin assets in a personal wallet because I believe Bitcoin will one day become very expensive due to the influence of a very limited supply and will provide benefits to those who are still holding Bitcoin.
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We are currently at the top as it recently hit $70k and for me it is to risky to buy as anytime price might fluctuate or fall but if you really insist in buying I think you do it at your own risk. If you are a long term hodler then it doesnt matter buying at the current price just do the DCA thing so you will maximize the profit.
How do you know it is at the top? I think $70k isn't the top of Bitcoin price in this bullrun season, it should be above $100k.
If there are people who want to buy Bitcoin at the current price, it is no problem. But must hold it not a very long time, just hold until the end of the year or the early of the next year. Using DCA strategy is good, but we must ensure that it is still an effective way to use now.
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I naturally do not need to tell you when to sell because you are on this forum and elementary things yourself know very well and naturally that now to sell bitcoin is very stupid and now it should be bought and not sold, now is the best time to invest because now you can get profit in a very short time.
Yes you're right. Now is the time to hold bitcoin, buy and hold. It's time to sell bitcoin later during the bull season. because we are both waiting for the bullish season, while the halving hasn't happened yet. Halving is expected to occur in April this year, so be patient
Seasons like this are extremely rare and if you sell bitcoin now after buying it just a couple of months ago it is extremely stupid, you need to gather strength and somehow try to wait and not sell it for a year and only in this way you can get a good profit.
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Way back on December 2023 when OP posted this, the price of Bitcoin was around $43k and now we're on the $60k price and still counting and moving some more. If that question has been asked by that time and someone obeyed the people that have told them to buy while it's cheap, they're in profit. Yes, it's quite expensive but that expensiveness comes to the idea of you don't have to take that much risk because this is the blue chip of this market.
yups , that is also what i said in my first post here because OP should be buying everytime he wanted to invest and not spending time asking as we are talking about btcoin andnot shitcoin here.
so the opportunity of increasing is always there but lets wait for OP's update to what he did in this investment plans.
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Way back on December 2023 when OP posted this, the price of Bitcoin was around $43k and now we're on the $60k price and still counting and moving some more. If that question has been asked by that time and someone obeyed the people that have told them to buy while it's cheap, they're in profit. Yes, it's quite expensive but that expensiveness comes to the idea of you don't have to take that much risk because this is the blue chip of this market.
yups , that is also what i said in my first post here because OP should be buying everytime he wanted to invest and not spending time asking as we are talking about btcoin andnot shitcoin here.
so the opportunity of increasing is always there but lets wait for OP's update to what he did in this investment plans.
If we buy bitcoin, we don't need to doubt whether it will go up or down, but we have to buy when the price is still below, of course during the bearish season. Because by buying when it is bearish we can survive until the bullish season, which is about 3 years. but the results will delight us. Meanwhile, I'm not interested in shitcoins, it's too risky.
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If we buy bitcoin, we don't need to doubt whether it will go up or down, but we have to buy when the price is still below, of course during the bearish season. Because by buying when it is bearish we can survive until the bullish season, which is about 3 years.
I think it is normal if we consider the price trend of Bitcoin before we buy it. Not everyone wants to keep the Bitcoin for a long time, some people only want to hold for a short time. For the people who want to hold for a short time, the timing for buying will determine how to take profits. If we buy at the right time, it won't be difficult to determine the time for selling.
Yes, there are people who hold for 3,4, or even 10 years. The potential of the profits will be higher for a long term holding.
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I naturally do not need to tell you when to sell because you are on this forum and elementary things yourself know very well and naturally that now to sell bitcoin is very stupid and now it should be bought and not sold, now is the best time to invest because now you can get profit in a very short time.
Yes you're right. Now is the time to hold bitcoin, buy and hold. It's time to sell bitcoin later during the bull season. because we are both waiting for the bullish season, while the halving hasn't happened yet. Halving is expected to occur in April this year, so be patient
We have seen Bitcoin halving in April for a long time, but so far there is no chance that the Bitcoin market will halve again. Every day when I wake up and monitor the Bitcoin market, the price change of Bitcoin surprises me every day. Bitcoin price is changing positively every day and it is definitely nice to see such positive changes. I have invested and lost a lot of time and yet I have held onto my investment and now I may be reaping the rewards of holding. I will hold my investment for some more time and you can hold your investment for some more time if you want.
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We are currently at the top as it recently hit $70k and for me it is to risky to buy as anytime price might fluctuate or fall but if you really insist in buying I think you do it at your own risk. If you are a long term hodler then it doesnt matter buying at the current price just do the DCA thing so you will maximize the profit.
How do you know it is at the top? I think $70k isn't the top of Bitcoin price in this bullrun season, it should be above $100k.
If there are people who want to buy Bitcoin at the current price, it is no problem. But must hold it not a very long time, just hold until the end of the year or the early of the next year. Using DCA strategy is good, but we must ensure that it is still an effective way to use now.
I mean the top price of that specific day if we try or decide to buy through DCA, I am actually not referring to the entire bullrun because I know anytime Bitcoin will create a new ATH. Well yeah for long term hodlers I don't think they bother to skip buying every single week or month just to wait for short dips because I know evrytime they fill in their bags it's always an opportunity regardless of prices.
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We have seen Bitcoin halving in April for a long time, but so far there is no chance that the Bitcoin market will halve again. Every day when I wake up and monitor the Bitcoin market, the price change of Bitcoin surprises me every day. Bitcoin price is changing positively every day and it is definitely nice to see such positive changes. I have invested and lost a lot of time and yet I have held onto my investment and now I may be reaping the rewards of holding. I will hold my investment for some more time and you can hold your investment for some more time if you want.
keep holding your biycoin mate, bitcoin will touch a new ATH, actually I'm not that curious about the bitcoin halving in April because I predict that at that time the price of bitcoin will reach $80-85 K, and after the halving it will start to rise above $90K. so next year we will see the price of bitcoin already exceeding $100 K.
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We have seen Bitcoin halving in April for a long time, but so far there is no chance that the Bitcoin market will halve again. Every day when I wake up and monitor the Bitcoin market, the price change of Bitcoin surprises me every day. Bitcoin price is changing positively every day and it is definitely nice to see such positive changes. I have invested and lost a lot of time and yet I have held onto my investment and now I may be reaping the rewards of holding. I will hold my investment for some more time and you can hold your investment for some more time if you want.
keep holding your biycoin mate, bitcoin will touch a new ATH, actually I'm not that curious about the bitcoin halving in April because I predict that at that time the price of bitcoin will reach $80-85 K, and after the halving it will start to rise above $90K. so next year we will see the price of bitcoin already exceeding $100 K.
It seems that your prediction is reasonable, as long as there is no bad news attacking bitcoin and crypto, this will happen. because we have also seen that several countries have allowed their citizens to invest in bitcoin. I also believe that next year the price of bitcoin will reach $100K.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Well, if you feel that Bitcoin is a little expensive for you, you can start buying in smaller amounts that you can afford. Because Bitcoin is never too expensive for investors, because you can buy it in smaller amounts and do DCA on it. If you practice things like this and are consistent, then it will be very possible that you can accumulate Bitcoin in larger amounts and make a profit from it.
If you really don't have large funds, that's true, and I agree with the friend above that you can use several schemes to be able to buy it and DCA is certainly the best option to do if you can't do it directly. I also don't forbid you from buying altcoins first, because that is also one of the schemes that can be done and when you have enough you can swap them for BTC.
So, if you have the intention of investing in Bitcoin, then anything can be done if the goal is clear in that direction, because everything can be done and always be optimistic.
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If you really don't have large funds, that's true, and I agree with the friend above that you can use several schemes to be able to buy it and DCA is certainly the best option to do if you can't do it directly. I also don't forbid you from buying altcoins first, because that is also one of the schemes that can be done and when you have enough you can swap them for BTC.
So, if you have the intention of investing in Bitcoin, then anything can be done if the goal is clear in that direction, because everything can be done and always be optimistic.
So far only a few people have been able to be consistent with the main goal of investing in Bitcoin because many people I meet who know their cryptocurrency sometimes buy altcoins and there are some of them who are trapped in altcoins at high prices, so this is the most difficult for me is to remain consistent to maintain the main goal of getting into cryptocurrency.
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So far only a few people have been able to be consistent with the main goal of investing in Bitcoin because many people I meet who know their cryptocurrency sometimes buy altcoins and there are some of them who are trapped in altcoins at high prices, so this is the most difficult for me is to remain consistent to maintain the main goal of getting into cryptocurrency.
Actually bitcoin is the safest for investment, apart from that we can buy ethereum, BNB and solana. If you want to add altcoins, on the other hand, do research first, don't get caught up in expensive prices. Because currently altcoin prices are starting to get expensive.
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So far only a few people have been able to be consistent with the main goal of investing in Bitcoin because many people I meet who know their cryptocurrency sometimes buy altcoins and there are some of them who are trapped in altcoins at high prices, so this is the most difficult for me is to remain consistent to maintain the main goal of getting into cryptocurrency.
Actually bitcoin is the safest for investment, apart from that we can buy ethereum, BNB and solana. If you want to add altcoins, on the other hand, do research first, don't get caught up in expensive prices. Because currently altcoin prices are starting to get expensive.
There's no such thing about safe investment even if we do speak about Bitcoin on which it wouldnt really be giving out that kind of assurance that it would really be giving out that sure profits in the future which we know that everything would really be that depending on the demand and recognition on the future years to come. Speaking about selection of coins which is aside from Bitcoin then it would really be that totally depending into your own choice and preference on which we know that this is something that differ into each individual.
Bitcoin is expensive? You could really actually be able to buy in fractions on which it doesnt really need for you to get or buy a whole coin.
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So far only a few people have been able to be consistent with the main goal of investing in Bitcoin because many people I meet who know their cryptocurrency sometimes buy altcoins and there are some of them who are trapped in altcoins at high prices, so this is the most difficult for me is to remain consistent to maintain the main goal of getting into cryptocurrency.
Actually bitcoin is the safest for investment, apart from that we can buy ethereum, BNB and solana. If you want to add altcoins, on the other hand, do research first, don't get caught up in expensive prices. Because currently altcoin prices are starting to get expensive.
There's no such thing about safe investment even if we do speak about Bitcoin on which it wouldnt really be giving out that kind of assurance that it would really be giving out that sure profits in the future which we know that everything would really be that depending on the demand and recognition on the future years to come. Speaking about selection of coins which is aside from Bitcoin then it would really be that totally depending into your own choice and preference on which we know that this is something that differ into each individual.
Bitcoin is expensive? You could really actually be able to buy in fractions on which it doesnt really need for you to get or buy a whole coin.
Buying in fraction does not make bitcoin not expensive, or expensive, seeing bitcoin as being expensive or not is a matter of one's mindset, and this mindset so born out of how financially boyant or not; a person is, and also a touch of such person's level of risk intake.
Know it that, for a person investing $5 to $100 dollars in bitcoin right now, is it possible for the amount of bitcoin worth $5 to $100 to turn to $100,000 in the future? Well, for me, I will not say it's not possible, but then, I think the chances are very slim, as bitcoin will possibly have to double its current price over and over and over and over again before an investment of $5 to $100 will even get close to $10,000, not even a hundred.
But what if the price of bitcoin was still around $1 to $5 at this moment, would it have been possible for the above to happen, the answer is yes.
So, in conclusion, the current price of bitcoin can be expensive for some, and may not be so for some, all depends on how financially boyant the person is, and their definition/mindset of what's expansive and what's not.
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There's no such thing about safe investment even if we do speak about Bitcoin on which it wouldnt really be giving out that kind of assurance that it would really be giving out that sure profits in the future which we know that everything would really be that depending on the demand and recognition on the future years to come. Speaking about selection of coins which is aside from Bitcoin then it would really be that totally depending into your own choice and preference on which we know that this is something that differ into each individual.
Bitcoin is expensive? You could really actually be able to buy in fractions on which it doesnt really need for you to get or buy a whole coin.
If bitcoin were not safe, perhaps not many people would buy bitcoin. If you want to buy and plan to hold for the long term, buy during bear season. I agree with this opinion, because we can survive until the bull season. Even though it will last more than 3 years. Buying bitcoins in small fractions, the results will also be small.
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If you really don't have large funds, that's true, and I agree with the friend above that you can use several schemes to be able to buy it and DCA is certainly the best option to do if you can't do it directly. I also don't forbid you from buying altcoins first, because that is also one of the schemes that can be done and when you have enough you can swap them for BTC.
So, if you have the intention of investing in Bitcoin, then anything can be done if the goal is clear in that direction, because everything can be done and always be optimistic.
So far only a few people have been able to be consistent with the main goal of investing in Bitcoin because many people I meet who know their cryptocurrency sometimes buy altcoins and there are some of them who are trapped in altcoins at high prices, so this is the most difficult for me is to remain consistent to maintain the main goal of getting into cryptocurrency.
It is indeed not easy to be consistent in your goal of being able to invest in Bitcoin, because many of the main reasons are that the price is too high, so it is difficult to get it in units. This is what makes the heart tempted by altcoins, which are cheaper and can be purchased in units. Suggestions arise because they want the number of units but not the goal of profit that will be obtained and the smallest risk that might occur, only exist with Bitcoin.
It is indeed difficult to be consistent, but by continuing to do it and remaining patient and having a future goal to look forward to, we will be able to be consistent.
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For now the price is high oh but these days the price is coming down so if your want to invest and since the price is coming down then you can invest. The price now is bowing down to the upcoming halving event and it will go up after the halving to the All Time High of $100k so if you are interested to invest then you don't have to waste time. Start your investment now and wait for the All Time High for this season although the price has hit $70+ but that not the prediction of this season.
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For now the price is high oh but these days the price is coming down so if your want to invest and since the price is coming down then you can invest. The price now is bowing down to the upcoming halving event and it will go up after the halving to the All Time High of $100k so if you are interested to invest then you don't have to waste time. Start your investment now and wait for the All Time High for this season although the price has hit $70+ but that not the prediction of this season.
Well, people who haven't finished accumulating can also start again now if they are sure and can decide for themselves. Don't be afraid when the market is red and instead be greedy when the market is green. Investors must think calmly and take advantage of the correction that is currently occurring.
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Well, people who haven't finished accumulating can also start again now if they are sure and can decide for themselves. Don't be afraid when the market is red and instead be greedy when the market is green. Investors must think calmly and take advantage of the correction that is currently occurring.
Yes, we must be able to take advantage of the correction that occurs by buying coins that we feel have great potential because the best time to collect more coins is during a correction and the market is in the red. It's still a good time to buy, as the halving hasn't happened yet and bullish chances are high a year after the bitcoin halving.
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Well, people who haven't finished accumulating can also start again now if they are sure and can decide for themselves. Don't be afraid when the market is red and instead be greedy when the market is green. Investors must think calmly and take advantage of the correction that is currently occurring.
Collecting bitcoin at a price that is already quite expensive seems to be very difficult and has a very high risk, the right time to collect bitcoin is when the bearish occurs and the price of bitcoin falls to a cheap price so that will provide a good opportunity to increase bitcoin assets because when the price up you will get a lot of profit.
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Well, people who haven't finished accumulating can also start again now if they are sure and can decide for themselves. Don't be afraid when the market is red and instead be greedy when the market is green. Investors must think calmly and take advantage of the correction that is currently occurring.
Absolutely right, now there has not been a peak in the growth of Bitcoin, now they are just starting to buy Bitcoin, not everyone wants to wait several years for Bitcoin to grow and therefore this year they will buy it in order to sell it at the end of the year as expensive as possible.
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For now the price is high oh but these days the price is coming down so if your want to invest and since the price is coming down then you can invest. The price now is bowing down to the upcoming halving event and it will go up after the halving to the All Time High of $100k so if you are interested to invest then you don't have to waste time. Start your investment now and wait for the All Time High for this season although the price has hit $70+ but that not the prediction of this season.
Seasonal predictions for bitcoin prices will touch $100K, so the current correction is a good time to buy more bitcoins. If it is said that the price of bitcoin is expensive or too expensive, that is true. but when the price of bitcoin was still cheap when bitcoin was first launched, not many people invested there because they were still afraid and doubtful, including me at that time I was also hesitant to buy bitcoin in large quantities. just buy a little and sell it when it goes up. If I had survived until now, maybe I would have become rich.
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Re: Is Bitcoin Too Expensive For Me
It is only natural that Bitcoin will be expensive as one Bitcoin is worth around $64,000 at current rates. Normally it would be too expensive for a person to invest in a bitcoin. But there is no rule of thumb when it comes to investing that one has to buy a single bitcoin rather the amount of bitcoins you can afford to buy will definitely be a good investment for you.
If you have 100 dollar amount then you can invest on that 100 dollar bitcoin anytime in this case you will be recognized as a bitcoin investor. When you are investing in the market invest only the amount of dollars you have because buying one bitcoin is expensive but investing $100 worth of bitcoins will never be expensive.
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Bitcoin price is not static that the op would be afraid of because if the price is high now he can still wait till when the price comes down but since the prediction is to hit $100k and the price is on $60+k then he can still purchase it and have the 30% as the profit of the investment and tht can happen if he is ready to face risks because bitcoin price is dynamic in which the price prediction is not stable and that is volatile nature of bitcoin comes to play.
You can invest in bitcoin at all time and anytime but depends on the duration of the investment. Is it a long term or short term?
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Re: Is Bitcoin Too Expensive For Me
It is only natural that Bitcoin will be expensive as one Bitcoin is worth around $64,000 at current rates. Normally it would be too expensive for a person to invest in a bitcoin. But there is no rule of thumb when it comes to investing that one has to buy a single bitcoin rather the amount of bitcoins you can afford to buy will definitely be a good investment for you.
If you have 100 dollar amount then you can invest on that 100 dollar bitcoin anytime in this case you will be recognized as a bitcoin investor. When you are investing in the market invest only the amount of dollars you have because buying one bitcoin is expensive but investing $100 worth of bitcoins will never be expensive.
You are right, we don't have to buy one bitcoin which is worth $63K which is too expensive. we buy bitcoin if we have $100 or $200 we can spend it with that money. there is no prohibition on buying small amounts of bitcoin, as all exchanges allow it. If bitcoin hits $100K later, people will definitely think bitcoin is more expensive than it is now.
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Re: Is Bitcoin Too Expensive For Me
It is only natural that Bitcoin will be expensive as one Bitcoin is worth around $64,000 at current rates. Normally it would be too expensive for a person to invest in a bitcoin. But there is no rule of thumb when it comes to investing that one has to buy a single bitcoin rather the amount of bitcoins you can afford to buy will definitely be a good investment for you.
If you have 100 dollar amount then you can invest on that 100 dollar bitcoin anytime in this case you will be recognized as a bitcoin investor. When you are investing in the market invest only the amount of dollars you have because buying one bitcoin is expensive but investing $100 worth of bitcoins will never be expensive.
You are right, we don't have to buy one bitcoin which is worth $63K which is too expensive. we buy bitcoin if we have $100 or $200 we can spend it with that money. there is no prohibition on buying small amounts of bitcoin, as all exchanges allow it. If bitcoin hits $100K later, people will definitely think bitcoin is more expensive than it is now.
Right, this is also what I learn early on, of course it's good if you can buy 1 Bitcoin right away, but if you are not a whale and just a retail investor just the majority of us here, you can buy at your own phase, or simply do DCA and you will be good.
So start small, but have a goal to be consistently buying, even at this price or in the bull run, continue to accumulate as much as you can and see how it goes for you, the longer you HODL the better.
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You are right, we don't have to buy one bitcoin which is worth $63K which is too expensive. we buy bitcoin if we have $100 or $200 we can spend it with that money. there is no prohibition on buying small amounts of bitcoin, as all exchanges allow it. If bitcoin hits $100K later, people will definitely think bitcoin is more expensive than it is now.
$63k isn't too expensive if it is still possible to reach $90k - $100k. I think the price of Bitcoin can drop below $60k, today it dropped more. Just wait for a longer day if you want a lower price, but it shouldn't be so far from $60k. It will be impossible to expect $50k to buy Bitcoin. Why we buy at $100k or $200k? It is crazy to buy it this price.
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You are right, we don't have to buy one bitcoin which is worth $63K which is too expensive. we buy bitcoin if we have $100 or $200 we can spend it with that money. there is no prohibition on buying small amounts of bitcoin, as all exchanges allow it. If bitcoin hits $100K later, people will definitely think bitcoin is more expensive than it is now.
$63k isn't too expensive if it is still possible to reach $90k - $100k. I think the price of Bitcoin can drop below $60k, today it dropped more. Just wait for a longer day if you want a lower price, but it shouldn't be so far from $60k. It will be impossible to expect $50k to buy Bitcoin. Why we buy at $100k or $200k? It is crazy to buy it this price.
Yes you are right, currently the price of bitcoin is collapsing so this is the right time to buy as much bitcoin as we can, there is still potential for bitcoin to reach a price of $100k and that could happen in the next few days because it will be approaching the halving, this will also be good news so I'm sure bitcoin can reach a price higher than the price you bought it soon.
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Yes you are right, currently the price of bitcoin is collapsing so this is the right time to buy as much bitcoin as we can, there is still potential for bitcoin to reach a price of $100k and that could happen in the next few days because it will be approaching the halving, this will also be good news so I'm sure bitcoin can reach a price higher than the price you bought it soon.
If you still have free money, you can buy bitcoin and hold it until the price of bitcoin reaches $100K. My funds are already limited, because I already bought last year, and am now trying to add potential altcoins.
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You are right, we don't have to buy one bitcoin which is worth $63K which is too expensive. we buy bitcoin if we have $100 or $200 we can spend it with that money. there is no prohibition on buying small amounts of bitcoin, as all exchanges allow it. If bitcoin hits $100K later, people will definitely think bitcoin is more expensive than it is now.
$63k isn't too expensive if it is still possible to reach $90k - $100k. I think the price of Bitcoin can drop below $60k, today it dropped more. Just wait for a longer day if you want a lower price, but it shouldn't be so far from $60k. It will be impossible to expect $50k to buy Bitcoin. Why we buy at $100k or $200k? It is crazy to buy it this price.
Yes you are right, currently the price of bitcoin is collapsing so this is the right time to buy as much bitcoin as we can, there is still potential for bitcoin to reach a price of $100k and that could happen in the next few days because it will be approaching the halving, this will also be good news so I'm sure bitcoin can reach a price higher than the price you bought it soon.
Exactly, no matter how high the price of bitcoin is, if you buy and intend to hodli for up to 4 years and above, you will definitely make profit. This is why you don't need to see bitcoin price too high for you to buy, because you can buy bitcoin for as low as $10. If you can buy regularly for 4 years, you would be proud that you took a bold step at the right time to invest in bitcoin. The price of bitcoin is in its correction phase, so buy now with discount and Hodli till next year, when the price of bitcoin will reach its peak.
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Exactly, no matter how high the price of bitcoin is, if you buy and intend to hodli for up to 4 years and above, you will definitely make profit. This is why you don't need to see bitcoin price too high for you to buy, because you can buy bitcoin for as low as $10. If you can buy regularly for 4 years, you would be proud that you took a bold step at the right time to invest in bitcoin. The price of bitcoin is in its correction phase, so buy now with discount and Hodli till next year, when the price of bitcoin will reach its peak.
If you want to hold bitcoin for the long term, for example for 4 years, you should buy it during the bearish season. don't believe it now. because the price of bitcoin is currently high because this is still a bullish season, even though there is a correction going on
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If you still have free money, you can buy bitcoin and hold it until the price of bitcoin reaches $100K. My funds are already limited, because I already bought last year, and am now trying to add potential altcoins.
Buying and holding depends on a person's financial system so if someone have money then he should buy now as the price is 64k$ which means that now we have a golden chance to maximise our profit. Holding of bitcoin can become a better way for you to earn more because very soon it will developed new ATH after the event of halving.
You are choosing both bitcoin and altcoins and it will be full be advantages but I think that if you choose Ethereum, BNB, and Solana so your profit will be certain and your payment will be bigger.
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If you still have free money, you can buy bitcoin and hold it until the price of bitcoin reaches $100K. My funds are already limited, because I already bought last year, and am now trying to add potential altcoins.
Buying and holding depends on a person's financial system so if someone have money then he should buy now as the price is 64k$ which means that now we have a golden chance to maximise our profit. Holding of bitcoin can become a better way for you to earn more because very soon it will developed new ATH after the event of halving.
You are choosing both bitcoin and altcoins and it will be full be advantages but I think that if you choose Ethereum, BNB, and Solana so your profit will be certain and your payment will be bigger.
Yes, this is true on which not all people would really be that the same when it comes to financial capacity when it comes on buying up coins but come in mind that you wont really be necessarily
on buying up a whole coin because it is really indeed expensive and not all would really be able to afford on getting a whole coin but its not really that bad to target on having that kind of accumulated amount but if you do find that its something that hard and impossible then better not to pursue and just save up according into your capacity. Dont force on things
that you cant really be able to do such thing because it would really be just that making up that such desperation.
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If you want to hold bitcoin for the long term, for example for 4 years, you should buy it during the bearish season. don't believe it now. because the price of bitcoin is currently high because this is still a bullish season, even though there is a correction going on
Everyone wants to buy BTC in the accumulation zone and sell in the distribution zone, but the most difficult thing is to identify the market state. When the price drops, most people are worried that the price will continue to drop further, so they dare not buy. And when the price rises, we expect the price to continue to rise sharply, so we are not in a hurry to sell.
Currently, BTC has recovered and created a new ATH, however, many people are still worried that BTC will continue to fall to the $5x or $3x zone, so they will wait to buy BTC in this price zone. However, if investors still believe that BTC can reach $150K-170K in this cycle, they may be willing to start allocating capital to BTC instead of waiting for a lower price. Whether BTC is expensive or cheap does not depend on the BTC price, but on the risk-to-reward ratio of the BTC investment at that time.
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Bitcoin is a Digital currency. Mainly It called cryptocurrency. It’s price all time up and down. But if we saw within 15 years Bitcoin price increased from $.0 to $73k. Now Bitcoin price is near about $65k. And i think will will increase more and more.
Now Bitcoins price is high we saw, But i think till now it is responsible. We know within short time Bitcoin mining will end and then Bitcoin price will increase more and more. I believe within 2045 Bitcoin price will Minimum 10m. Overall considering we can tell till now Bitcoin price still reasonable.
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Bitcoin is a Digital currency. Mainly It called cryptocurrency. It’s price all time up and down. But if we saw within 15 years Bitcoin price increased from $.0 to $73k. Now Bitcoin price is near about $65k. And i think will will increase more and more.
Now Bitcoins price is high we saw, But i think till now it is responsible. We know within short time Bitcoin mining will end and then Bitcoin price will increase more and more. I believe within 2045 Bitcoin price will Minimum 10m. Overall considering we can tell till now Bitcoin price still reasonable.
I personally have never thought and predicted the price of bitcoin in 2045, because I am sure the price will definitely be very expensive. For now I'm just focused on compounding the market, to see what the price of bitcoin will be over the next few months and until the end of the year. I just hope the price of bitcoin can reach $100K soon.
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Bitcoin is a Digital currency. Mainly It called cryptocurrency. It’s price all time up and down. But if we saw within 15 years Bitcoin price increased from $.0 to $73k. Now Bitcoin price is near about $65k. And i think will will increase more and more.
Now Bitcoins price is high we saw, But i think till now it is responsible. We know within short time Bitcoin mining will end and then Bitcoin price will increase more and more. I believe within 2045 Bitcoin price will Minimum 10m. Overall considering we can tell till now Bitcoin price still reasonable.
I personally have never thought and predicted the price of bitcoin in 2045, because I am sure the price will definitely be very expensive. For now I'm just focused on compounding the market, to see what the price of bitcoin will be over the next few months and until the end of the year. I just hope the price of bitcoin can reach $100K soon.
Currently the price of bitcoin in 2024 has reached $73k so there is a possibility that in 2045 the price of bitcoin will reach $200k because you have to look at the condition of the bitcoin miners who are currently still running, with a bitcoin circulation of only 21 million bitcoins then it will reach The peak point will be in 2140 and Bitcoin really can no longer be produced from machines and all circulation is purely from buying and selling on exchanges and of course the price will soar high.
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Currently the price of bitcoin in 2024 has reached $73k so there is a possibility that in 2045 the price of bitcoin will reach $200k because you have to look at the condition of the bitcoin miners who are currently still running, with a bitcoin circulation of only 21 million bitcoins then it will reach The peak point will be in 2140 and Bitcoin really can no longer be produced from machines and all circulation is purely from buying and selling on exchanges and of course the price will soar high.
That's right, Bitcoin has exceeded its ATH and this is outside what Bitcoin usually does. Of course, there will always be other surprises for Bitcoin. I think it's too early to be able to determine the price up to $200K now, where the halving and halving periods haven't happened yet, so what happens after that will determine that. Remember that a correction may occur at the start after the halving.
Will it drop drastically or not, this clearly determines the final ATH price that bitcoin will make which is estimated in 2025. I think if by the end of this year it can only reach $100K, then there will be difficulty in reaching $200K, although there are always surprises like mid-March.
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If Bitcoin is said to be expensive, yes it is expensive if you buy 1 BTC or 10 BTC. But if you buy 0.000001 BTC it's cheap. We can buy BTC according to the money we have. Bitcoin can be bought according to the money we have, exchange allows it.. 8)
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If Bitcoin is said to be expensive, yes it is expensive if you buy 1 BTC or 10 BTC. But if you buy 0.000001 BTC it's cheap. We can buy BTC according to the money we have. Bitcoin can be bought according to the money we have, exchange allows it.. 8)
Many investors are afraid to start accumulating Bitcoin. If they are afraid of being priced now then I think that is normal. But many of us were scared when Bitcoin rose rapidly from 20k to 30k. And at that time we must be asking ourselves whether this is too expensive to buy? and we keep repeating it every time Bitcoin goes up. So now they regret it because they were too afraid to accumulate since the price of bitcoin was below 50k. This fear is realized because we have not yet determined our investment target. whether for the long term or short term.
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Many investors are afraid to start accumulating Bitcoin. If they are afraid of being priced now then I think that is normal. But many of us were scared when Bitcoin rose rapidly from 20k to 30k. And at that time we must be asking ourselves whether this is too expensive to buy? and we keep repeating it every time Bitcoin goes up. So now they regret it because they were too afraid to accumulate since the price of bitcoin was below 50k. This fear is realized because we have not yet determined our investment target. whether for the long term or short term.
Investors might think twice when they see bitcoin prices that are already expensive like this, but for whales who have very large amounts of money, they will not be afraid to buy bitcoin at any price because they have a lot of money. Usually fear actually makes it difficult for us to make a profit because there is a possibility that when we enter Bitcoin it could potentially trigger others to enter and ultimately the price of Bitcoin will increase.
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Many investors are afraid to start accumulating Bitcoin. If they are afraid of being priced now then I think that is normal. But many of us were scared when Bitcoin rose rapidly from 20k to 30k. And at that time we must be asking ourselves whether this is too expensive to buy? and we keep repeating it every time Bitcoin goes up. So now they regret it because they were too afraid to accumulate since the price of bitcoin was below 50k. This fear is realized because we have not yet determined our investment target. whether for the long term or short term.
Investors might think twice when they see bitcoin prices that are already expensive like this, but for whales who have very large amounts of money, they will not be afraid to buy bitcoin at any price because they have a lot of money. Usually fear actually makes it difficult for us to make a profit because there is a possibility that when we enter Bitcoin it could potentially trigger others to enter and ultimately the price of Bitcoin will increase.
It's best to adjust it to our capacity, if we are not whales who can manipulate the market, it's best to buy bitcoin before the halving, because after the halving the risks will be high. Whales know exactly when to get in and when to get out, and they don't mind being trapped at high prices they can hold for the long term.
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Many investors are afraid to start accumulating Bitcoin. If they are afraid of being priced now then I think that is normal. But many of us were scared when Bitcoin rose rapidly from 20k to 30k. And at that time we must be asking ourselves whether this is too expensive to buy? and we keep repeating it every time Bitcoin goes up. So now they regret it because they were too afraid to accumulate since the price of bitcoin was below 50k. This fear is realized because we have not yet determined our investment target. whether for the long term or short term.
Investors might think twice when they see bitcoin prices that are already expensive like this, but for whales who have very large amounts of money, they will not be afraid to buy bitcoin at any price because they have a lot of money. Usually fear actually makes it difficult for us to make a profit because there is a possibility that when we enter Bitcoin it could potentially trigger others to enter and ultimately the price of Bitcoin will increase.
Yes you've got a quite agreeable point there. Whales or Bitcoin large investors are more likely to make bold moves when it comes to investing in Bitcoin, because they have the capital to weather any potential downturns so this enables them to make very large investments. And these their large investments actually has the potential to drive up the price of Bitcoin, creating a sort of "self-fulfilling prophecy." It's an interesting point, and it seems like it could have some truth to it.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
See Bitcoin is definitely a large range of coins especially if you want to buy a Bitcoin you may find it expensive but if you invest according to your investment amount it will not seem expensive to you. No one is asking you to buy a bitcoin but you can buy as many bitcoins as you can and according to your plan. If you can buy bitcoins for $10 per day then you can do it, in this case the expensive thing doesn't matter.
Yes but you can say that day by day the price of Bitcoin is increasing so instead of buying the allocated Bitcoin every day you can keep buying Bitcoin at the right time at the right price according to your plan, in this case you don't need extra money as expansion for the extra price.
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It's best to adjust it to our capacity, if we are not whales who can manipulate the market, it's best to buy bitcoin before the halving, because after the halving the risks will be high. Whales know exactly when to get in and when to get out, and they don't mind being trapped at high prices they can hold for the long term.
That's true, but when you buy bitcoin before the halving, does that mean you have to buy bitcoin now? isn't the price still expensive? I prefer to buy bitcoin when the halving is over, because it is certain that when the price of bitcoin is halved it can fall, maybe many miners will sell it at a high price.
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It's best to adjust it to our capacity, if we are not whales who can manipulate the market, it's best to buy bitcoin before the halving, because after the halving the risks will be high. Whales know exactly when to get in and when to get out, and they don't mind being trapped at high prices they can hold for the long term.
That's true, but when you buy bitcoin before the halving, does that mean you have to buy bitcoin now? isn't the price still expensive? I prefer to buy bitcoin when the halving is over, because it is certain that when the price of bitcoin is halved it can fall, maybe many miners will sell it at a high price.
When the bitcoin halving occurs, many people predict that the price of bitcoin will fall because at that time many people will sell bitcoin. If you think it is the right time to buy, you can do it. I will also probably buy more bitcoin when the price goes down
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
- You should know why you should invest in bitcoin. Is it that you can earn in bitcoin? Will it help you achieve what you want in life? Because if you doubt your answer, you should not invest in bitcoin but instead turn to alternative crypto to invest because your capital can multiply higher compared to bitcoin.
Although you can only face a higher level of risk there, if the crypto you hold is right, I can say that you really hit the jackpot.
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It's best to adjust it to our capacity, if we are not whales who can manipulate the market, it's best to buy bitcoin before the halving, because after the halving the risks will be high. Whales know exactly when to get in and when to get out, and they don't mind being trapped at high prices they can hold for the long term.
That's true, but when you buy bitcoin before the halving, does that mean you have to buy bitcoin now? isn't the price still expensive? I prefer to buy bitcoin when the halving is over, because it is certain that when the price of bitcoin is halved it can fall, maybe many miners will sell it at a high price.
When the bitcoin halving occurs, many people predict that the price of bitcoin will fall because at that time many people will sell bitcoin. If you think it is the right time to buy, you can do it. I will also probably buy more bitcoin when the price goes down
We have different market speculations because we have dissimilar market analyses. However, if we look at Bitcoin's history, there will be a pullback before or after the halving, and the price will rise higher. Since the sell-off has not yet occurred, I expect it will occur soon or after the halving. So, in my opinion, waiting for things to happen is the best way to maximize your earnings. People are terrified of being left behind, therefore it's a good decision to invest part of their capital.
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Many investors are afraid to start accumulating Bitcoin. If they are afraid of being priced now then I think that is normal. But many of us were scared when Bitcoin rose rapidly from 20k to 30k. And at that time we must be asking ourselves whether this is too expensive to buy? and we keep repeating it every time Bitcoin goes up. So now they regret it because they were too afraid to accumulate since the price of bitcoin was below 50k. This fear is realized because we have not yet determined our investment target. whether for the long term or short term.
The first and foremost thing is to develop a trust and confidence in Bitcoin. When Bitcoin goes down there is fear that it's risky to buy Bitcoin because price will go further down and when price is up there is a cautionary measure that at such high price it's risky to buy Bitcoin. The point is one has to develop his own strategy that at what point one will buy and sell. Once you have that price in your range the trigger must be pulled. Otherwise one will keep regretting.
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there is no such thing as expensive if we have the intention to buy it and there is money, bitcoin can be purchased in part according to our capabilities, so don't feel sad if you don't have 1 btc at the start of the investment, some people in the forum get bitcoin from the results of their work and that too some of them are not 1 BTC, but with an attitude of persevering towards your goal, one day you will definitely be able to have 1 Bitcoin
If you have money then there is no problem in buying bitcoins but one of the strategy is to follow DCA if one can't afford to buy 1 bitcoin using own earned money. This will give an investor the freedom to buy bitcoins. The investor will have the opportunity to purchase bitcoins according to his wishes using the amount of money he has. If one does this for a long time then there will definitely own a bitcoins or can save more than one. Here the interest of the investor gets the highest priority.
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Many investors are afraid to start accumulating Bitcoin. If they are afraid of being priced now then I think that is normal. But many of us were scared when Bitcoin rose rapidly from 20k to 30k. And at that time we must be asking ourselves whether this is too expensive to buy? and we keep repeating it every time Bitcoin goes up. So now they regret it because they were too afraid to accumulate since the price of bitcoin was below 50k. This fear is realized because we have not yet determined our investment target. whether for the long term or short term.
The first and foremost thing is to develop a trust and confidence in Bitcoin. When Bitcoin goes down there is fear that it's risky to buy Bitcoin because price will go further down and when price is up there is a cautionary measure that at such high price it's risky to buy Bitcoin. The point is one has to develop his own strategy that at what point one will buy and sell. Once you have that price in your range the trigger must be pulled. Otherwise one will keep regretting.
I think something when Bitcoin drops in price we should be prepared to buy, there should be no doubt about that, we have to do it, those who do not want to buy in Bitcoin because as it continues to rise they will miss out, the only thing is for them to react When bitcoin has already reached more than $100k, I am sure that there will be many people who will want to buy bitcoin, because in the world things work like that, they only buy for the thrills or they only go to the plan of buying when it is so necessary.
The smartest people buy bitcoin when they know it is below the ATH, no matter what, if it goes down then they continue buying, I think that is the best attitude, you don't have to think about it too much, just have the conviction that bitcoin is going to go up, so done he will do it, and he will do it big, but for when? it is not known.
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If Bitcoin is said to be expensive, yes it is expensive if you buy 1 BTC or 10 BTC. But if you buy 0.000001 BTC it's cheap. We can buy BTC according to the money we have. Bitcoin can be bought according to the money we have, exchange allows it.. 8)
By buying with this method, which I feel is similar to or the same as the dollar cost averaging method, don't you think we can save even more ahead of the bearish market that certainly arises around times of halving? I mean, instead of using the DCA method, wouldn't it be better if we saved up for the bearish market instead?
I think something when Bitcoin drops in price we should be prepared to buy, there should be no doubt about that, we have to do it, those who do not want to buy in Bitcoin because as it continues to rise they will miss out, the only thing is for them to react When bitcoin has already reached more than $100k, I am sure that there will be many people who will want to buy bitcoin, because in the world things work like that, they only buy for the thrills or they only go to the plan of buying when it is so necessary.
The smartest people buy bitcoin when they know it is below the ATH, no matter what, if it goes down then they continue buying, I think that is the best attitude, you don't have to think about it too much, just have the conviction that bitcoin is going to go up, so done he will do it, and he will do it big, but for when? it is not known.
I think my above question was suppose to get an answer from this. If we neglect the DCA method and instead wait patiently when the market is bearish, does that give us a better chance to make a profit? How can we determine the perfect bearish price to kickstart our investment?
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I think my above question was suppose to get an answer from this. If we neglect the DCA method and instead wait patiently when the market is bearish, does that give us a better chance to make a profit? How can we determine the perfect bearish price to kickstart our investment?
That's a little difficult because the things to predict accurately are something that can be very close to $250k, I think the minimum it can go down is around $100k, and then in 4 years it will increase to around $600k-$700. k, of course this is just speculation, I wouldn't be able to describe it exactly, plus this assuming that there is no Fundamental that changes the entire market panorama, that is something that we see easily, but otherwise things can be seen as each person I would like to see , I am very inclined to think how they can be put together according to events, but I consider that if everything goes well that scenario can occur.
What happens is that predicting right now turns out to be very difficult, in fact I couldn't rely on Wyckoff, which is my strategy, I would have to Study very well each event that is in the world and how it can influence the market.
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Near future with halving bitcoin get large correction and currently drop to $66k after raising new all time high price last mount around $73k, I don't think with current price of bitcoin too expensive for accumulating because without three weeks later have halving moment and bitcoin potential raise more higher price later.
Buy back right now or never if you want earn much profitable when halving time, just take opportunity with free money and not recommended to buy bitcoin current lower price take loan. I think not too expensive with current bitcoin price dropping to $66k behind potential when halving near future.
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I think something when Bitcoin drops in price we should be prepared to buy, there should be no doubt about that, we have to do it, those who do not want to buy in Bitcoin because as it continues to rise they will miss out, the only thing is for them to react When bitcoin has already reached more than $100k, I am sure that there will be many people who will want to buy bitcoin, because in the world things work like that, they only buy for the thrills or they only go to the plan of buying when it is so necessary.
The smartest people buy bitcoin when they know it is below the ATH, no matter what, if it goes down then they continue buying, I think that is the best attitude, you don't have to think about it too much, just have the conviction that bitcoin is going to go up, so done he will do it, and he will do it big, but for when? it is not known.
The best time to buy Bitcoin is when its price is way down. That's where not many are taking interest in buying Bitcoin and best part to sell your Bitcoin when price goes high. But most people do reverse of this i.e. they buy when price is sky high and sell when they see price is going down. It's natural that whenever Bitcoin goes to it's ATH then more people jump in to join the party but they end up losing money.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
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When the bitcoin halving occurs, many people predict that the price of bitcoin will fall because at that time many people will sell bitcoin. If you think it is the right time to buy, you can do it. I will also probably buy more bitcoin when the price goes down
There is no certainty in the prediction of people because everyone shares their thoughts without knowing the fact so I think before halving there may be dip occurs but halving will offer a way to maximise your money through increasing Bitcoin's value.
Yes it is true that when people obtain their target they will sell their bitcoin instead of waiting for more increase therefore try to think about a selling value before it gets too late that you miss the opportunity of halving too.
Price is now down so you can buy more bitcoin but if you are talking about the dip occuring after halving then you will wait for it and will continuesly hold your bitcoin until a time comes that will boost your money and bull run does not come immediately one after the other.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
If you do have that kind of goal or targets on accumulating Bitcoin or trying to get a whole then it would really be just that right that you should really be not getting derailed on doing things which arent supposed to be done. Bitcoin is expensive for you? Its not necessary to buy up a whole coin but rather you could really be able to buy up in fractions. Stick into it and never fade because
if you do make yourself that prone into those kind of emotional effects on which it would be causing up for you to weaken not to achieve your goals then you wont really be able to reach it out.
So stick with those principle of yours until you would really be able to achieve on what you are really that trying out to achieve.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
Agree with what you say, because so far the price of bitcoin continues to move up and sometimes down but it will not give people another chance to buy at a cheap price, for example the price is at $10k, this is because the supply of bitcoin is very limited but it has The demand is very high, resulting in Bitcoin's nutritional movements tending to increase every four years.
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I think something when Bitcoin drops in price we should be prepared to buy, there should be no doubt about that, we have to do it, those who do not want to buy in Bitcoin because as it continues to rise they will miss out, the only thing is for them to react When bitcoin has already reached more than $100k, I am sure that there will be many people who will want to buy bitcoin, because in the world things work like that, they only buy for the thrills or they only go to the plan of buying when it is so necessary.
The smartest people buy bitcoin when they know it is below the ATH, no matter what, if it goes down then they continue buying, I think that is the best attitude, you don't have to think about it too much, just have the conviction that bitcoin is going to go up, so done he will do it, and he will do it big, but for when? it is not known.
The best time to buy Bitcoin is when its price is way down. That's where not many are taking interest in buying Bitcoin and best part to sell your Bitcoin when price goes high. But most people do reverse of this i.e. they buy when price is sky high and sell when they see price is going down. It's natural that whenever Bitcoin goes to it's ATH then more people jump in to join the party but they end up losing money.
Indeed it is like that, but remember that we have already entered a stage where bitcoin can rise and can generate good news, so I start from something, if the price is below the last ATH? Well, it is good to buy, it is not bad, in case it continues to go down, it is not bad to make staggered purchases, because each decrease is an opportunity to buy more, it is better to have more satoshis accumulated, well that is my thought, because at the moment For Bitcoin to rise in price to more than $100k is when everyone will want to have it, so it is better to buy every time it goes down, of course I know that not everyone has the ability to buy every time they want but every time they can , but the ideal is to check every time you go down.
Likewise, it is difficult to predict whether bitcoin will go down at this time or during the remainder of the year, I really doubt it, but a good correction is possible.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
If you do have that kind of goal or targets on accumulating Bitcoin or trying to get a whole then it would really be just that right that you should really be not getting derailed on doing things which arent supposed to be done. Bitcoin is expensive for you? Its not necessary to buy up a whole coin but rather you could really be able to buy up in fractions. Stick into it and never fade because
if you do make yourself that prone into those kind of emotional effects on which it would be causing up for you to weaken not to achieve your goals then you wont really be able to reach it out.
So stick with those principle of yours until you would really be able to achieve on what you are really that trying out to achieve.
Bitcoin does not require us to buy large amounts at one time, we can still buy bitcoin in amounts that I think are very affordable if we have income. We only need to set aside money to buy bitcoin.
Based on my experience, if I had waited until I could buy 1 bitcoin, then until now I think I would never have had bitcoin. But that's not the case, I set aside the money I can afford to collect bitcoins little by little, so that I can collect a decent amount.
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Bitcoin does not require us to buy large amounts at one time, we can still buy bitcoin in amounts that I think are very affordable if we have income. We only need to set aside money to buy bitcoin.
Based on my experience, if I had waited until I could buy 1 bitcoin, then until now I think I would never have had bitcoin. But that's not the case, I set aside the money I can afford to collect bitcoins little by little, so that I can collect a decent amount.
Agree, with this method we can immediately have Bitcoin, and when the price rises then you will immediately make a profit, it is different when you buy directly with the amount of 1 Bitcoin, when the price falls the possibility of profit will be different when you buy little by little.
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Bitcoin does not require us to buy large amounts at one time, we can still buy bitcoin in amounts that I think are very affordable if we have income. We only need to set aside money to buy bitcoin.
Based on my experience, if I had waited until I could buy 1 bitcoin, then until now I think I would never have had bitcoin. But that's not the case, I set aside the money I can afford to collect bitcoins little by little, so that I can collect a decent amount.
Agree, with this method we can immediately have Bitcoin, and when the price rises then you will immediately make a profit, it is different when you buy directly with the amount of 1 Bitcoin, when the price falls the possibility of profit will be different when you buy little by little.
Each person does share up with the common target or goal on which is to make money. The only difference on here is on how someone would really be doing that. Differentiation when it come to financial capacity would really be notable and this is why some would really be targeting out on accumulating a whole coin and some would really be just that getting on fractions.
Its not really necessary for it to be whole because you could really actually be able to make yourself accumulate on fractions on which as long you could really be able to hold it up for
long term then this what matter the most and this is something that you should really be trying out to pursue on things specially into this market.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
Agree with what you say, because so far the price of bitcoin continues to move up and sometimes down but it will not give people another chance to buy at a cheap price, for example the price is at $10k, this is because the supply of bitcoin is very limited but it has The demand is very high, resulting in Bitcoin's nutritional movements tending to increase every four years.
Falling and rising is a normal phenomenon in bitcoin, so it is a sign that bitcoin is traded frequently and is active.
I think a correction after the halving period will be possible, but it will not be possible to get close to $10K, because before it gets there, many people will have bought it.
You are right that every 4 years the addition of mining always reduces the supply received, but demand is quite high, so prices are pushed up to increase.
Soon the halving will be passed and this is a sign that there will be an increase which may reach 2025 and form a renewable ATH. Hopefully, We will wait for that opportunity.
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If Bitcoin is said to be expensive, yes it is expensive if you buy 1 BTC or 10 BTC. But if you buy 0.000001 BTC it's cheap. We can buy BTC according to the money we have. Bitcoin can be bought according to the money we have, exchange allows it.. 8)
Yes of course if someone wants to buy 1 btc or 10 btc then bitcoin must be expensive for him but if someone wants to buy 10 dollar amount of bitcoin then it should not be expensive for him. But if you can buy bitcoins according to your budget, it is definitely not expensive for anyone. No one will pressure you to buy bitcoins as per your budget or affordability.
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Falling and rising is a normal phenomenon in bitcoin, so it is a sign that bitcoin is traded frequently and is active. I think a correction after the halving period will be possible, but it will not be possible to get close to $10K, because before it gets there, many people will have bought it.
Actually, everything is possible. I cannot imagine Bitcoin going down to 10K from this point. But, do you remember what happened after the last bull run? We were at 69K and I thought the lowest we can make is around 40K and it is impossible to go lower than this. But, Unfortunately, Bitcoin even touched the 16K price range. Of course, it did not happen over night. There was a lot of ups and downs! But, I guess almost no one predicted that Bitcoin will go down to 16K range. It's still very much possible that Bitcoin can touch the 20K levels in the future. But there is no guarantee and we should not keep waiting for that.
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Agree with what you say, because so far the price of bitcoin continues to move up and sometimes down but it will not give people another chance to buy at a cheap price, for example the price is at $10k, this is because the supply of bitcoin is very limited but it has The demand is very high, resulting in Bitcoin's nutritional movements tending to increase every four years.
Bitcoin price was around $10k many times, even before the last bull run, Bitcoin went Below that level and many people had the opportunity to buy. Supply and demand of Bitcoin also determine the price but unforseen circumstances can Bitcoin to comes down and it can also make it to soar in price depending on the situation of the market.
Just know that there is always plenty of opportunities in the market, today market may look expensive now but it doesn't mean that the price can not go lower, in every bull market there will come another bear market.
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If Bitcoin is said to be expensive, yes it is expensive if you buy 1 BTC or 10 BTC. But if you buy 0.000001 BTC it's cheap. We can buy BTC according to the money we have. Bitcoin can be bought according to the money we have, exchange allows it.. 8)
Yes of course if someone wants to buy 1 btc or 10 btc then bitcoin must be expensive for him but if someone wants to buy 10 dollar amount of bitcoin then it should not be expensive for him. But if you can buy bitcoins according to your budget, it is definitely not expensive for anyone. No one will pressure you to buy bitcoins as per your budget or affordability.
Yes, if we want to buy bitcoin with the money we have, I think all exchanges allow it. buy bitcoin $10, $20 or $100 according to our purchasing power. Currently Bitcoin is experiencing a correction, perhaps during the halving which is predicted to be around April 19, you can buy Bitcoin at a lower price.
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Bitcoin does not require us to buy large amounts at one time, we can still buy bitcoin in amounts that I think are very affordable if we have income. We only need to set aside money to buy bitcoin.
Based on my experience, if I had waited until I could buy 1 bitcoin, then until now I think I would never have had bitcoin. But that's not the case, I set aside the money I can afford to collect bitcoins little by little, so that I can collect a decent amount.
Agree, with this method we can immediately have Bitcoin, and when the price rises then you will immediately make a profit, it is different when you buy directly with the amount of 1 Bitcoin, when the price falls the possibility of profit will be different when you buy little by little.
Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
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Bitcoin does not require us to buy large amounts at one time, we can still buy bitcoin in amounts that I think are very affordable if we have income. We only need to set aside money to buy bitcoin.
Based on my experience, if I had waited until I could buy 1 bitcoin, then until now I think I would never have had bitcoin. But that's not the case, I set aside the money I can afford to collect bitcoins little by little, so that I can collect a decent amount.
Agree, with this method we can immediately have Bitcoin, and when the price rises then you will immediately make a profit, it is different when you buy directly with the amount of 1 Bitcoin, when the price falls the possibility of profit will be different when you buy little by little.
Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
I think most of us here will also think again about buying all at once, not because we don't believe in Bitcoin, but the problem is that the money we will use will definitely be for other needs (if we really have the money). So buying in stages or hereafter we call the DCA method is the best way.
Apart from that, when the price decreases, we can buy it again and so on. And actually I thought it was lost money, meaning I forgot about it because I planned to save it for a very long time.
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Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
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Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
Yeah that's true , and as time goes on purchasing one bitcoin would be more difficult that's now to most people. As bitcoin continue its growths, that Is why we have to take this opportunity to accumulate more bitcoin with DCAing strategy. As the price is still around 6 digit because soon bitcoin would be around 7 digit. Just imagine those that accumulating bitcoin when the price was around $10k they would be in nice profit now because of the nice quantity they have stash for themselves .
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Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
Yeah that's true , and as time goes on purchasing one bitcoin would be more difficult that's now to most people. As bitcoin continue its growths, that Is why we have to take this opportunity to accumulate more bitcoin with DCAing strategy. As the price is still around 6 digit because soon bitcoin would be around 7 digit. Just imagine those that accumulating bitcoin when the price was around $10k they would be in nice profit now because of the nice quantity they have stash for themselves .
When Bitcoin was getting dumped after the 2017 bullrun, everyone panicked and sold their bitcoins because they thought the price was too expensive, but the smart investors who bought Bitcoin at the time are now making huge profits. In fact no one knows what the future holds which makes people afraid to make decisions and those who are smart and have some understanding of where they are investing can ultimately profit. Now it is difficult to buy a bitcoin so don't give up and try to reach your goal.
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Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
You are right mate, some people have considered not to invest into Bitcoin but rather invest into alt coins and the reason why some of those people have taken such decision is because they believe that Bitcoin is too expensive for them, they don't understand that the price of Bitcoin will continue to surge high in the future and if they fail to invest now, they may still regret why they did not buy now that the price is still below $80k.
Some people don't really understand that they don't need to have money to buy one Bitcoin before they can start investing. It is simple to just keep buying BTC with the DCA strategy and before they even realize it, they have accumulated up to 1 Bitcoin within an interval of one year or more, depending on the cash flow.
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Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
You are right mate, some people have considered not to invest into Bitcoin but rather invest into alt coins and the reason why some of those people have taken such decision is because they believe that Bitcoin is too expensive for them, they don't understand that the price of Bitcoin will continue to surge high in the future and if they fail to invest now, they may still regret why they did not buy now that the price is still below $80k.
Some people don't really understand that they don't need to have money to buy one Bitcoin before they can start investing. It is simple to just keep buying BTC with the DCA strategy and before they even realize it, they have accumulated up to 1 Bitcoin within an interval of one year or more, depending on the cash flow.
That's true, using DCAing consistently will help one to accumulate some good quantities of bitcoin in a long run depending on their cashflow though. So with such one can actually secure a nice portfolio due to using DCA and other strategies that are convenience for you in accumulating bitcoin. But all try focusing on DCA more it would surely help in accumulating more quantities.
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Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
There is absolutely no rule in investing that requires you to invest at least one BTC. As there is no specific investment limit why we think Bitcoin is too expensive for us and we cannot invest in Bitcoin. Different exchanges have minimum 7 to 10 dollar trading facility so why are we thinking so much about this investment. We don't need to worry so much about this investment, when we can invest in Bitcoin as much as we can and if we stop investing in Bitcoin then there is no problem. In this case, the DCA investment method will definitely make the investment much easier for the investors. So those for whom investment is very difficult can invest in DCA method.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
You are right that some people can barely find a spot where they feel it's the one and they should use this opportunity, but when it comes to the cryptocurrency market, there is a solution for this and we call it the DCA method. A person who is willing to make an entry in the market but isn't satisfied with the price can start doing DCA so that they can buy their favorite assets but also have some money left for later.
This way, they will make their entry in the market, and wouldn't be worried about the future because they will have money at hand that they can use later to buy more if the market goes down, and if market goes up, they already have some assets that they can sell.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
- You should do what you are happy and comfortable doing and that you know you can do. It's not that you depend on what others say, although there is nothing wrong with following what others say as long as you know that the result will be good for you.
Because if you don't have enough money, you are in altcoins, which are relatively light, but there are high chances that your capital will grow several times so that you can get a big profit in the future.
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To make achievement in life sometimes will have to come with its own challenges, if we are going to keep procrastinating about our bitcoin investment then we may never have the opportunity of making one, since all we keep doing is complaining on every situation at hand, when the market falls, some will say its the bad time to invest, when it rises, some will say its not safe to go in because it could fall at any time, we can just enters at the appropriate affordability of the finance we have at any moment in other for us to have a start from somewhere.
You are right that some people can barely find a spot where they feel it's the one and they should use this opportunity, but when it comes to the cryptocurrency market, there is a solution for this and we call it the DCA method. A person who is willing to make an entry in the market but isn't satisfied with the price can start doing DCA so that they can buy their favorite assets but also have some money left for later.
This way, they will make their entry in the market, and wouldn't be worried about the future because they will have money at hand that they can use later to buy more if the market goes down, and if market goes up, they already have some assets that they can sell.
DCA would really be the key but this is something that you would really be needing also to consider specially on the funds that you are using, this is something that pertains about into those extra funds that you would really be needing to invest on which we know that this market cant really be known on when it would really be making such recovery.
This is why it wouldnt really be that recommendable for you to invest that on the amount that you are really that just that not used in other important matters.
Expensive for you to buy? Dont force yourself because it would really be something that stressful for you instead.
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- You should do what you are happy and comfortable doing and that you know you can do. It's not that you depend on what others say, although there is nothing wrong with following what others say as long as you know that the result will be good for you.
Because if you don't have enough money, you are in altcoins, which are relatively light, but there are high chances that your capital will grow several times so that you can get a big profit in the future.
If there is good input from other people, we can follow it, but don't forget to do research first because it is at our own risk.
The current price of bitcoin is very expensive, if we don't have a lot of money it's best to buy altcoins, it also has the potential to provide profits
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Since the target for the use of bitcoin is on everyone to find it an opportunity of using a decentralized network of p2p without having to go under any centralized institutions, we also have the privilege of holding bitcoin at any rate we can afford to start with, then with the little we have, we can experience more increase over it and we earn and also invest more as the time goes by, its not like pother asset which are too expensive for a common man to invest without having huge amount of money.
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Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
I think it is not impossible for rich people. But for average people, 1 BTC is quite difficult because it must spend much money. I also the same, I have no money to buy 1 BTC even if it is in the bearish season. As a small investor, I only could buy Bitcoin with small number gradually. I think 1BTC will be easy for a big person like Elon Musk. ;D
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
After I read the Op, I was tempted to immediately respond but I had to read to see if anyone has a differed idea, but almost all are in line. I have had the opportunity to buy bitcoin when it was in 10k, but I was discouraged by the person that introduced me to buy random altcoins that bitcoin is too expensive for me to get. What's the price now compared to 10k.
Yeah DCA versus one time buy is really different but most of us do the DCA thing since it was way more affordable and safe while buying 1 Bitcoin at once is pretty impossible for me as it is way too expensive in my local currency.
Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
When I hear people set goal of achieving 1 BTC and it seems like the standard, I wonder where the idea came from and why must it be 1 BTC. If we are to set a good goal, it should be 10 BTC and above. If you feel 10BTC is very high, then 1 BTC is also very high. It is better to own as you can.
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Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
I think it is not impossible for rich people. But for average people, 1 BTC is quite difficult because it must spend much money. I also the same, I have no money to buy 1 BTC even if it is in the bearish season. As a small investor, I only could buy Bitcoin with small number gradually. I think 1BTC will be easy for a big person like Elon Musk. ;D
When it comes to investing, there is no rule that you have to invest at least one bitcoin. Investment is done by your will and you can invest in Bitcoin at your complete will. Starting with a minimum investment of $10, the more you can afford to invest, the more money you can invest in Bitcoin. If it is right for us to invest $100 or $50 every month as we are middle class then investing this $100 or $50 every month is equivalent to investing one BTC for us. With the amount of money Elon Musk has, he can invest multiple BTC per day if he wants to. Elon Musk, the richest man in the world, cannot be expected to invest as much as he has invested.
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Affording 1 Bitcoin is now impossible for many people. I also don't have the ability to buy 1 bitcoin right now, forcing me to DCA to achieve my goal. DCA is definitely the best medium for a small investor to reach his goals. Bitcoin may seem expensive to us now but Bitcoin will go much further and then this price will also seem low and we will regret why we did not buy Bitcoin at this price.
I think it is not impossible for rich people. But for average people, 1 BTC is quite difficult because it must spend much money. I also the same, I have no money to buy 1 BTC even if it is in the bearish season. As a small investor, I only could buy Bitcoin with small number gradually. I think 1BTC will be easy for a big person like Elon Musk. ;D
When it comes to investing, there is no rule that you have to invest at least one bitcoin. Investment is done by your will and you can invest in Bitcoin at your complete will. Starting with a minimum investment of $10, the more you can afford to invest, the more money you can invest in Bitcoin. If it is right for us to invest $100 or $50 every month as we are middle class then investing this $100 or $50 every month is equivalent to investing one BTC for us. With the amount of money Elon Musk has, he can invest multiple BTC per day if he wants to. Elon Musk, the richest man in the world, cannot be expected to invest as much as he has invested.
No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
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No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
Making investments using the DCA method is of course good, but you must have 2 things
1) You must have a regular income or 100% confidence that you will not be fired
2) You must have iron discipline, because if you want to invest $10, for example, out of $100 with a salary of 300-500, then you subconsciously understand that they are already not enough to exist normally.
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No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
No one should take financial advice online. When it comes to investing money in online assets, you should do your own research before you invest. I am no one to tell you how much you should invest. Everyone has their own plan and their own money management capabilities. Some people can live with $50 a month while some of us cannot live with $500 a month. It depends on yourself and how you live your life.
Learning money management first is more important than investing in Bitcoin. I remember reading an article about a guy who saved his expenses and took one meal a day to invest in crypto, which sounds unrealistic. I am not sure if that is true or just a lie. But it depends on strong money management.
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No one should take financial advice online. When it comes to investing money in online assets, you should do your own research before you invest. I am no one to tell you how much you should invest. Everyone has their own plan and their own money management capabilities. Some people can live with $50 a month while some of us cannot live with $500 a month. It depends on yourself and how you live your life.
Learning money management first is more important than investing in Bitcoin. I remember reading an article about a guy who saved his expenses and took one meal a day to invest in crypto, which sounds unrealistic. I am not sure if that is true or just a lie. But it depends on strong money management.
Money management in investing is very necessary. My advice is don't force yourself to eat once a day to invest in crypto, health should be the main thing in life. Invest according to your abilities, and do proper research before investing
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Money management in investing is very necessary. My advice is don't force yourself to eat once a day to invest in crypto, health should be the main thing in life. Invest according to your abilities, and do proper research before investing
Oh yea. There is a huge difference between money management and depriving yourself from the neccesity of life. I totally understand that everyone has a goal which some people could go extra mile inorder to achieve, but eating once a day is literally a way of endangering oneself. The crypto space is a very busy place were we all talk about money...money... money, with less concern for health. I think we should also preach the importance of living healthy, and not eating once a day just to fullfill all righteousness.
No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
The dollar cost averaging method seems to be the preferred option for the majority of crypto enthusiasts, which is quite acceptable to me. However, what if someone prefers to gather their funds and wait until there is a downtrend before buying? Don't you think there would be more profit, rather than buying when the price is high and low?.
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Yes of course if someone wants to buy 1 btc or 10 btc then bitcoin must be expensive for him but if someone wants to buy 10 dollar amount of bitcoin then it should not be expensive for him. But if you can buy bitcoins according to your budget, it is definitely not expensive for anyone. No one will pressure you to buy bitcoins as per your budget or affordability.
As for me, first of all, you should determine what will be your situation in life in a month and/or a year, from the financial side. You are absolutely right, first of all, it is worth determining the budget, etc. And then, to allocate an appropriate % of the total amount of funds.
P.S. Otherwise. Chasing income = leads constantly to loss of funds. Only by following risk management can you succeed. As far as I'm concerned. ???
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Yes of course if someone wants to buy 1 btc or 10 btc then bitcoin must be expensive for him but if someone wants to buy 10 dollar amount of bitcoin then it should not be expensive for him. But if you can buy bitcoins according to your budget, it is definitely not expensive for anyone. No one will pressure you to buy bitcoins as per your budget or affordability.
As for me, first of all, you should determine what will be your situation in life in a month and/or a year, from the financial side. You are absolutely right, first of all, it is worth determining the budget, etc. And then, to allocate an appropriate % of the total amount of funds.
P.S. Otherwise. Chasing income = leads constantly to loss of funds. Only by following risk management can you succeed. As far as I'm concerned. ???
Risk management is very important in investing because we have to see and study the risks that will occur. Managing finances is not easy, we need to always monitor the rise and fall of our assets, so that we don't lose much, we must be able to make a profit. I prefer to diversify across several coins so I don't lose
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Yes of course if someone wants to buy 1 btc or 10 btc then bitcoin must be expensive for him but if someone wants to buy 10 dollar amount of bitcoin then it should not be expensive for him. But if you can buy bitcoins according to your budget, it is definitely not expensive for anyone. No one will pressure you to buy bitcoins as per your budget or affordability.
As for me, first of all, you should determine what will be your situation in life in a month and/or a year, from the financial side. You are absolutely right, first of all, it is worth determining the budget, etc. And then, to allocate an appropriate % of the total amount of funds.
P.S. Otherwise. Chasing income = leads constantly to loss of funds. Only by following risk management can you succeed. As far as I'm concerned. ???
Risk management is very important in investing because we have to see and study the risks that will occur. Managing finances is not easy, we need to always monitor the rise and fall of our assets, so that we don't lose much, we must be able to make a profit. I prefer to diversify across several coins so I don't lose
Speaking of risk management, I think it's an important point and not a joke. If not calculated properly, it will be very risky in the end, besides that we must also have an exit market strategy so that our profits can be locked and not lose.
Yes. Maybe we all here already know Bitcoin is a long-term investment instrument and it is undeniable that Bitcoin brings many benefits and advantages to the price of altcoins and investors not only see the price, but also the opportunity to profit from its movement.
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[quote author=dekafee79 link=topic=313056.msg1535674#msg1535674
Risk management is very important in investing because we have to see and study the risks that will occur. Managing finances is not easy, we need to always monitor the rise and fall of our assets, so that we don't lose much, we must be able to make a profit. I prefer to diversify across several coins so I don't lose
Speaking of risk management, I think it's an important point and not a joke. If not calculated properly, it will be very risky in the end, besides that we must also have an exit market strategy so that our profits can be locked and not lose.
Yes. Maybe we all here already know Bitcoin is a long-term investment instrument and it is undeniable that Bitcoin brings many benefits and advantages to the price of altcoins and investors not only see the price, but also the opportunity to profit from its movement.
[/quote]
of course, bitcoin is the safest coin for the long term. because we can estimate the risk, and if we buy when bearish and hold it until bullish we will get a big profit. It's also part of risk management in investing, do it at the right time and also the right coin which you choose
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Risk management is very important in investing because we have to see and study the risks that will occur. Managing finances is not easy, we need to always monitor the rise and fall of our assets, so that we don't lose much, we must be able to make a profit. I prefer to diversify across several coins so I don't lose
What works for you may not actually work for others and as a concern to me, it's not everyone that knows how to take part in the rabbit race of altcoins. As long as you can actually be active to always monitor the price movement of your asset and if you can also do research to know best altcoins that can earn you more profit, then you will likely not be in lose but their are people who are not really a good shooter in the altcoin market, therefore they deserve to only practice DCA with Bitcoin and never diversify to other coin.
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No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
Indeed. No one force us to invest in Bitcoin, it should be based on our own intention. We shouldn't use the amount of money that we can't afford to lose. We just need to spend the money that is safe amount for us. DCA is one of good ways to invest in Bitcoin. In this way, we can spend small money because we buy it gradually. If we have limited funds, DCA is a suitable way to use.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
So if you want to buy $100 worth of bitcoins, can you buy one bitcoin with your $100? The amount of bitcoins you can buy with $100 is enough for you, in this case you will be proportional to your dollar no matter how low or high the price is. No one pressures you to invest in Bitcoin or altcoin but if you want to enter the market and buy as many Bitcoins as you can with your budgeted dollar amount. Or if you think bitcoin is overpriced then keep buying altcoin with the same dollar amount you would have bought bitcoin with. But you must be careful while buying altcoin because in this case alotcoin investment is mostly a shit project.
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Falling and rising is a normal phenomenon in bitcoin, so it is a sign that bitcoin is traded frequently and is active. I think a correction after the halving period will be possible, but it will not be possible to get close to $10K, because before it gets there, many people will have bought it.
Actually, everything is possible. I cannot imagine Bitcoin going down to 10K from this point. But, do you remember what happened after the last bull run? We were at 69K and I thought the lowest we can make is around 40K and it is impossible to go lower than this. But, Unfortunately, Bitcoin even touched the 16K price range. Of course, it did not happen over night. There was a lot of ups and downs! But, I guess almost no one predicted that Bitcoin will go down to 16K range. It's still very much possible that Bitcoin can touch the 20K levels in the future. But there is no guarantee and we should not keep waiting for that.
The question is, is it possible? The answer is definitely possible, and is it realistic? Of course there will be a lot of speculation about this. The current situation is different from the past and currently the price has increased when the halving season has not yet occurred and this is outside what Bitcoin has ever done. I just think if it goes down to $10K, there will definitely be a lot of people wanting to buy and hold, Because the current price estimate can be said to be quite significant, although we cannot determine at what price it will, but it is certain that there will be a 2x ATH which is out of the ordinary.
Of course, it is very important to have savings available to be able to buy if the Bitcoin price corrects after the halving period.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
So if you want to buy $100 worth of bitcoins, can you buy one bitcoin with your $100? The amount of bitcoins you can buy with $100 is enough for you, in this case you will be proportional to your dollar no matter how low or high the price is. No one pressures you to invest in Bitcoin or altcoin but if you want to enter the market and buy as many Bitcoins as you can with your budgeted dollar amount. Or if you think bitcoin is overpriced then keep buying altcoin with the same dollar amount you would have bought bitcoin with. But you must be careful while buying altcoin because in this case alotcoin investment is mostly a shit project.
It's true, we can buy Bitcoin with only $100, but to trade with that much money and use it to buy Bitcoin, it won't have much value. In my opinion, investment is even less valuable.
Maybe it will be a different story when we are able to buy Bitcoin every week worth $100 then it doesn't seem like after the next few weeks you will have quite a lot of Bitcoin and it is suitable to be stored for the long term.
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It's true, we can buy Bitcoin with only $100, but to trade with that much money and use it to buy Bitcoin, it won't have much value. In my opinion, investment is even less valuable.
Maybe it will be a different story when we are able to buy Bitcoin every week worth $100 then it doesn't seem like after the next few weeks you will have quite a lot of Bitcoin and it is suitable to be stored for the long term.
If you buy $100 in Bitcoin to trade, the results won't be much, but if you have good analytical skills in meme coins, maybe we will get bigger results, even though we also know the risks are very big. However, if with the DCA method we buy $100 of bitcoin every week starting when it is bearish, we will make a big profit now
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No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
Making investments using the DCA method is of course good, but you must have 2 things
1) You must have a regular income or 100% confidence that you will not be fired
2) You must have iron discipline, because if you want to invest $10, for example, out of $100 with a salary of 300-500, then you subconsciously understand that they are already not enough to exist normally.
Not just that, for you to be able to use DCA method to invest in bitcoin, you must also have an emergency funds that should be from 3-6months and above, so that when an emergency rises, you don't need to use your bitcoin investment to take care of that emergency. This is why a steady income is needed to build up your bitcoin investment portfolio, and your emergency funds. For instance, if you get sacked from work, your emergency funds can be used to take care of your needs for the main time till you get another job.
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It's true, we can buy Bitcoin with only $100, but to trade with that much money and use it to buy Bitcoin, it won't have much value. In my opinion, investment is even less valuable.
Maybe it will be a different story when we are able to buy Bitcoin every week worth $100 then it doesn't seem like after the next few weeks you will have quite a lot of Bitcoin and it is suitable to be stored for the long term.
If you buy $100 in Bitcoin to trade, the results won't be much, but if you have good analytical skills in meme coins, maybe we will get bigger results, even though we also know the risks are very big. However, if with the DCA method we buy $100 of bitcoin every week starting when it is bearish, we will make a big profit now
Well as they say in my country you have to be in the game, right now meme currencies are incredibly good at Generating profits, I'm just not very good at doing analysis of these types of currencies, I could say that when they have different types of forms of invest, since it can be Concluded that the best and safest investment is in bitcoin, I wish everyone could have 100usd free weekly just for investment in bitcoin, it would be something great, the idea they have is nice, but really for some people it is very difficult to obtain, however it can be applied for smaller amounts such as leaving d10 or 20 usd to buy bitcoin and so on, at least for 2 years it is a good Option, but of course this is Something That's not so easy, the person who does it must have at least 2 or 3 jobs to be able to do something like that, but the advice is very good.
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Indeed. No one force us to invest in Bitcoin, it should be based on our own intention. We shouldn't use the amount of money that we can't afford to lose. We just need to spend the money that is safe amount for us. DCA is one of good ways to invest in Bitcoin. In this way, we can spend small money because we buy it gradually. If we have limited funds, DCA is a suitable way to use.
Not only in bitcoin investment but in every work we have to use our own thoughts and personal views and no one can force us to do anything. Extra amount will help you to be patience until you get your desired values but if you use money from daily expenses then you will not be able to wait longer as money is necessary for daily management.
DCA method is very important and if you don't have money to buy bitcoin at once then you can apply DCA method in which your profit will be more and you can easily take rewards whenever you think that now your return can give you satisfaction.
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Indeed. No one force us to invest in Bitcoin, it should be based on our own intention. We shouldn't use the amount of money that we can't afford to lose. We just need to spend the money that is safe amount for us. DCA is one of good ways to invest in Bitcoin. In this way, we can spend small money because we buy it gradually. If we have limited funds, DCA is a suitable way to use.
Not only in bitcoin investment but in every work we have to use our own thoughts and personal views and no one can force us to do anything. Extra amount will help you to be patience until you get your desired values but if you use money from daily expenses then you will not be able to wait longer as money is necessary for daily management.
DCA method is very important and if you don't have money to buy bitcoin at once then you can apply DCA method in which your profit will be more and you can easily take rewards whenever you think that now your return can give you satisfaction.
You are right, I agree with your statement " in every work we have to use our own thoughts and personal views and no one can force us to do anything. We have to do research and have an analysis of the business we are going to run, including investing in everything. Moreover, investing in bitcoin and altcoins. We are aware that crypto is unpredictable and volatile.
If you want to have bitcoin for investment, we can use the DCA method, this makes it easier for us to save in bitcoin.
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You are right, I agree with your statement " in every work we have to use our own thoughts and personal views and no one can force us to do anything. We have to do research and have an analysis of the business we are going to run, including investing in everything. Moreover, investing in bitcoin and altcoins. We are aware that crypto is unpredictable and volatile.
If you want to have bitcoin for investment, we can use the DCA method, this makes it easier for us to save in bitcoin.
Of course, when you want to decide on something, what you choose depends on the economic conditions you are experiencing. It seems impossible for you to copy everyone's decisions because their conditions are not necessarily the same as your economic conditions. So basically everything we want to do must be in accordance with what we are currently doing. Not everyone is able to invest in Bitcoin, only a few people who understand cryptocurrency will understand how to make a profit from investing in Bitcoin.
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You are right, I agree with your statement " in every work we have to use our own thoughts and personal views and no one can force us to do anything. We have to do research and have an analysis of the business we are going to run, including investing in everything. Moreover, investing in bitcoin and altcoins. We are aware that crypto is unpredictable and volatile.
If you want to have bitcoin for investment, we can use the DCA method, this makes it easier for us to save in bitcoin.
Of course, when you want to decide on something, what you choose depends on the economic conditions you are experiencing. It seems impossible for you to copy everyone's decisions because their conditions are not necessarily the same as your economic conditions. So basically everything we want to do must be in accordance with what we are currently doing. Not everyone is able to invest in Bitcoin, only a few people who understand cryptocurrency will understand how to make a profit from investing in Bitcoin.
If your abilities and economic conditions are lacking, you should look for income by joining bounties and airdrops, from the rewards we can use them to buy coins and invest. Many members here do that, once they feel they have enough assets they will focus more on trading and investing. It's all just a process and we don't always look for rewards, we can look for profits from daily trading
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You are right, I agree with your statement " in every work we have to use our own thoughts and personal views and no one can force us to do anything. We have to do research and have an analysis of the business we are going to run, including investing in everything. Moreover, investing in bitcoin and altcoins. We are aware that crypto is unpredictable and volatile.
If you want to have bitcoin for investment, we can use the DCA method, this makes it easier for us to save in bitcoin.
If in everything other people guide you to take decision then you will never be able to make own decisions and it is a sign of weak people. We should be strong enough that we don't have to follow others but should try to be a person that is followed by others.
Bitcoin is an investment opportunity in which you have to invest large sum of money so think well before investment otherwise if you accept suggestions of others then you will also ask about selling price so don't take risk by accepting suggestions from others and plan your own journey.
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You are right, I agree with your statement " in every work we have to use our own thoughts and personal views and no one can force us to do anything. We have to do research and have an analysis of the business we are going to run, including investing in everything. Moreover, investing in bitcoin and altcoins. We are aware that crypto is unpredictable and volatile.
If you want to have bitcoin for investment, we can use the DCA method, this makes it easier for us to save in bitcoin.
If in everything other people guide you to take decision then you will never be able to make own decisions and it is a sign of weak people. We should be strong enough that we don't have to follow others but should try to be a person that is followed by others.
Bitcoin is an investment opportunity in which you have to invest large sum of money so think well before investment otherwise if you accept suggestions of others then you will also ask about selling price so don't take risk by accepting suggestions from others and plan your own journey.
It is not easy for beginners to carry out analysis, they will more easily believe other people's advice even though they themselves do not understand the risks. Accepting other people's suggestions is also good, as long as their suggestions make us gain new knowledge. but as you said the decision is always in our hands, we ourselves must decide, because that is what we should do when investing
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It is not easy for beginners to carry out analysis, they will more easily believe other people's advice even though they themselves do not understand the risks. Accepting other people's suggestions is also good, as long as their suggestions make us gain new knowledge. but as you said the decision is always in our hands, we ourselves must decide, because that is what we should do when investing
It's true, believing what other people say is not good, but at least we know what other people think and you can compare it with your own analysis so that when your analysis and other people's analysis can be compared well and it can be of value. you to keep learning from others. Don't ever feel like we are the smartest, because there are still people who have more market analysis skills than us.
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It is not easy for beginners to carry out analysis, they will more easily believe other people's advice even though they themselves do not understand the risks. Accepting other people's suggestions is also good, as long as their suggestions make us gain new knowledge. but as you said the decision is always in our hands, we ourselves must decide, because that is what we should do when investing
It's true, believing what other people say is not good, but at least we know what other people think and you can compare it with your own analysis so that when your analysis and other people's analysis can be compared well and it can be of value. you to keep learning from others. Don't ever feel like we are the smartest, because there are still people who have more market analysis skills than us.
It is a good idea to share experiences with other people in building our knowledge, because not all the results of our research and analysis are always correct. In this world, nothing is perfect, that doesn't mean we have to follow other people's analysis, at least as a comparison to our analysis. and the decision is always in our own hands
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It is a good idea to share experiences with other people in building our knowledge, because not all the results of our research and analysis are always correct. In this world, nothing is perfect, that doesn't mean we have to follow other people's analysis, at least as a comparison to our analysis. and the decision is always in our own hands
Sharing experiences is indeed very good for improving relationships with other people, but we must be able to limit what we share, because we must still have good privacy to maintain our security. Not everything we do in front of other people has good value and is useful for them, sometimes they also feel like they don't want to listen to what you are talking about.
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It is a good idea to share experiences with other people in building our knowledge, because not all the results of our research and analysis are always correct. In this world, nothing is perfect, that doesn't mean we have to follow other people's analysis, at least as a comparison to our analysis. and the decision is always in our own hands
Sharing experiences is indeed very good for improving relationships with other people, but we must be able to limit what we share, because we must still have good privacy to maintain our security. Not everything we do in front of other people has good value and is useful for them, sometimes they also feel like they don't want to listen to what you are talking about.
When it comes to privacy, I don't think we should share it with others, just let us know. but what is discussed this time is only knowledge and experience in the crypto world, so I don't think it's a privacy issue when we talk about science.
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It is a good idea to share experiences with other people in building our knowledge, because not all the results of our research and analysis are always correct. In this world, nothing is perfect, that doesn't mean we have to follow other people's analysis, at least as a comparison to our analysis. and the decision is always in our own hands
Sharing experiences is indeed very good for improving relationships with other people, but we must be able to limit what we share, because we must still have good privacy to maintain our security. Not everything we do in front of other people has good value and is useful for them, sometimes they also feel like they don't want to listen to what you are talking about.
When it comes to privacy, I don't think we should share it with others, just let us know. but what is discussed this time is only knowledge and experience in the crypto world, so I don't think it's a privacy issue when we talk about science.
If sharing crypto experiences can increase our knowledge about crypto, that is a positive thing. but we must be able to assess and take the good side of all the discussions discussed. because not everything that is good for people will have a good impact on us. That's why we should do our own research and analysis, and sharing experiences is just a place for discussion
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
Since Bitcoin investment is what an investor can invest in at any time of the day and they can choose not to invest in it all at once depending on the funds they have, it will damn okay if they choose to invest in bitcoin with little they have and hodl it for long term and employ a DCA method as they get the spare money to invest in Bitcoin. Bitcoin investment doesn't really care if you have invested in it or not before and it will be the last to question you on why investing in it with little you have rather than investing in it with big because of how expensive it is
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No one forces us to buy how much bitcoin, because everything must be within our capabilities, at least with a minimum figure of $10 and we can try to buy and invest in bitcoin. The important thing is to learn to invest small and we also use the DCA method.
Making investments using the DCA method is of course good, but you must have 2 things
1) You must have a regular income or 100% confidence that you will not be fired
2) You must have iron discipline, because if you want to invest $10, for example, out of $100 with a salary of 300-500, then you subconsciously understand that they are already not enough to exist normally.
Not just that, for you to be able to use DCA method to invest in bitcoin, you must also have an emergency funds that should be from 3-6months and above, so that when an emergency rises, you don't need to use your bitcoin investment to take care of that emergency. This is why a steady income is needed to build up your bitcoin investment portfolio, and your emergency funds. For instance, if you get sacked from work, your emergency funds can be used to take care of your needs for the main time till you get another job.
The reason for investing in Bitcoin or other cryptocurrencies is to earn some profit to grow our wealth. And the reason for increasing wealth is to live a luxurious life. But when you live on a tight budget, what is the value of your investment? So first of all we should pay attention to our own safety and first of all we should take care of our own health. Then other things. so if you can afford to invest after taking care of your own well-being then you can invest in Bitcoin either with or without DCA method depending on your risk management ability.
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The reason for investing in Bitcoin or other cryptocurrencies is to earn some profit to grow our wealth. And the reason for increasing wealth is to live a luxurious life. But when you live on a tight budget, what is the value of your investment? So first of all we should pay attention to our own safety and first of all we should take care of our own health. Then other things. so if you can afford to invest after taking care of your own well-being then you can invest in Bitcoin either with or without DCA method depending on your risk management ability.
If we have limited funds to buy bitcoin, we recommend using the DCA method. but if you have large funds, you can buy large amounts of bitcoin at once. I use the DCA method, because I am not a whale and not someone who has large funds.
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If we have limited funds to buy bitcoin, we recommend using the DCA method. but if you have large funds, you can buy large amounts of bitcoin at once. I use the DCA method, because I am not a whale and not someone who has large funds.
The best time to do DCA is on the bear trend where the market is dropping, not only doing DCA but you should combine it with HODLING, DCA, and Hodling are two factors that will yield you a lot of big profits in the future.
I have a friend who does it because he has a business to support his family's daily needs and after 3 years he yields big profits, because of the profits he manage to expand his business.
If you have a good job or a business do DCA and you have done great for your future
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The reason for investing in Bitcoin or other cryptocurrencies is to earn some profit to grow our wealth. And the reason for increasing wealth is to live a luxurious life. But when you live on a tight budget, what is the value of your investment? So first of all we should pay attention to our own safety and first of all we should take care of our own health. Then other things. so if you can afford to invest after taking care of your own well-being then you can invest in Bitcoin either with or without DCA method depending on your risk management ability.
If we have limited funds to buy bitcoin, we recommend using the DCA method. but if you have large funds, you can buy large amounts of bitcoin at once. I use the DCA method, because I am not a whale and not someone who has large funds.
Sometimes what we have thought and wanted is very good, but there are always obstacles, especially the funds that can be used to do that.
I really agree with you, that there are still solutions that can be implemented and have often been used as a guide for those who have experienced difficulties with funding, by using the DCA scheme, of course, with an intention that must also be carried out with confidence, then everything can finally be done.
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Sometimes what we have thought and wanted is very good, but there are always obstacles, especially the funds that can be used to do that.
I really agree with you, that there are still solutions that can be implemented and have often been used as a guide for those who have experienced difficulties with funding, by using the DCA scheme, of course, with an intention that must also be carried out with confidence, then everything can finally be done.
Actually, there are many ways to find capital in the crypto world, you can join an airdrop or bounty and of course the DCA method, because this is a way that can be done for those who don't have large capital to invest in crypto, by buying in stages.
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Sometimes what we have thought and wanted is very good, but there are always obstacles, especially the funds that can be used to do that.
I really agree with you, that there are still solutions that can be implemented and have often been used as a guide for those who have experienced difficulties with funding, by using the DCA scheme, of course, with an intention that must also be carried out with confidence, then everything can finally be done.
Actually, there are many ways to find capital in the crypto world, you can join an airdrop or bounty and of course the DCA method, because this is a way that can be done for those who don't have large capital to invest in crypto, by buying in stages.
Well as far as I'm concerned, this type of investment is good, Before I didn't know very Well about investing in Bitcoin buying through DCA , but honestly it is a good method , and the truth is I always tell everyone I know that I will buy it Bitcoin , because it is the future, also nobody comes and tells you, hey why don't you buy bitcoin, and I want you to have Money when you are older, you just have to buy and forget about that investment, you Must keep your private and public keys well, but that is a great gesture, in fact we are on time, that is why buying even if it is very Expensive will always be Something relevant, if it is in bitcoin I Even see it much more valuable than buying gold, of course it is my perception, it may be seen a bit Exaggerated, but I think many agree with me.
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If we have limited funds to buy bitcoin, we recommend using the DCA method. but if you have large funds, you can buy large amounts of bitcoin at once. I use the DCA method, because I am not a whale and not someone who has large funds.
Indeed. DCA is good for people who have limited funds. They can buy Bitcoin with small numbers gradually. Sure, if we have good amount of money, it is not a must to do DCA. We can buy Bitcoin with all the money at once or decide to buy several times when there is dumps. However, it is true that most of us are just average investors who have limited funds. That's why most of us apply DCA because we have no ability to buy Bitcoin with a big number.
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Sometimes what we have thought and wanted is very good, but there are always obstacles, especially the funds that can be used to do that.
I really agree with you, that there are still solutions that can be implemented and have often been used as a guide for those who have experienced difficulties with funding, by using the DCA scheme, of course, with an intention that must also be carried out with confidence, then everything can finally be done.
Actually, there are many ways to find capital in the crypto world, you can join an airdrop or bounty and of course the DCA method, because this is a way that can be done for those who don't have large capital to invest in crypto, by buying in stages.
There are indeed facilities available to be able to get capital to later be able to buy the coins you want, indirectly, namely through airdrops, bounties which do provide that or directly but using the DCA scheme so as not to be burdensome, Where all of that is to be able to with the aim of having the coins you want or own.
As long as it is intended, everything can be achieved well and fulfilled.
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Sometimes what we have thought and wanted is very good, but there are always obstacles, especially the funds that can be used to do that.
I really agree with you, that there are still solutions that can be implemented and have often been used as a guide for those who have experienced difficulties with funding, by using the DCA scheme, of course, with an intention that must also be carried out with confidence, then everything can finally be done.
Actually, there are many ways to find capital in the crypto world, you can join an airdrop or bounty and of course the DCA method, because this is a way that can be done for those who don't have large capital to invest in crypto, by buying in stages.
There are indeed facilities available to be able to get capital to later be able to buy the coins you want, indirectly, namely through airdrops, bounties which do provide that or directly but using the DCA scheme so as not to be burdensome, Where all of that is to be able to with the aim of having the coins you want or own.
As long as it is intended, everything can be achieved well and fulfilled.
I also get capital from joining bounties and airdrops because the salary from the real world is for my living needs. Me too, I also use the DCA method to buy and collect Bitcoin from last year. Even though I don't have a large amount of bitcoin, at least I'm just trying to invest to make a profit
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I also get capital from joining bounties and airdrops because the salary from the real world is for my living needs. Me too, I also use the DCA method to buy and collect Bitcoin from last year. Even though I don't have a large amount of bitcoin, at least I'm just trying to invest to make a profit
Using the DCA method like this will make it safer for us to buy bitcoin, however, to buy other altcoins it doesn't seem suitable if we have to apply the DCA trading method. Because it requires high precision and of course altcoins have a higher risk than Bitcoin.
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I also get capital from joining bounties and airdrops because the salary from the real world is for my living needs. Me too, I also use the DCA method to buy and collect Bitcoin from last year. Even though I don't have a large amount of bitcoin, at least I'm just trying to invest to make a profit
Using the DCA method like this will make it safer for us to buy bitcoin, however, to buy other altcoins it doesn't seem suitable if we have to apply the DCA trading method. Because it requires high precision and of course altcoins have a higher risk than Bitcoin.
Not only is Atltcoin unsafe if you use the DCA method, it also seems difficult to estimate the price because it is very volatile. If I agree with you, DCA is more suitable for bitcoin, bitcoin is a safe coin. Maybe if there was a choice for altcoins I would choose ethereum
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I also get capital from joining bounties and airdrops because the salary from the real world is for my living needs. Me too, I also use the DCA method to buy and collect Bitcoin from last year. Even though I don't have a large amount of bitcoin, at least I'm just trying to invest to make a profit
Using the DCA method like this will make it safer for us to buy bitcoin, however, to buy other altcoins it doesn't seem suitable if we have to apply the DCA trading method. Because it requires high precision and of course altcoins have a higher risk than Bitcoin.
Indeed, the DCA method is more suitable to be applied to buying bitcoin than to be applied to altcoins. Because DCA also takes a long time to do, and that is balanced with bitcoin which we also have to hold for a long time.
I prefer to invest in altcoins in a relatively shorter time to earn profits. Whereas with bitcoin it takes years until I can decide to withdraw the amount of bitcoin I have in my wallet.
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Not only is Atltcoin unsafe if you use the DCA method, it also seems difficult to estimate the price because it is very volatile. If I agree with you, DCA is more suitable for bitcoin, bitcoin is a safe coin. Maybe if there was a choice for altcoins I would choose ethereum
DCA is a good method and everyone should use this if they have a regular flow of cash so by accepting such a way you will be able to reduce the panic sale and will enhance the amount of Bitcoin when price goes down. One should invest according to his salary because if he invest more he will not carry his investment safely to the desired advantages.
Bitcoin is a safe investment technology but there is also no doubt about some potential altcoins like that of Ethereum, BNB, Solana and Matic so people can also choose these altcoins besides Bitcoin if they want to get expanded profit from different coins.
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I see everyone here is talking about the importance of the DCA strategy, inasmuch as the DCA strategy is undoubtedly effective when it comes to bitcoin accumulation, I don't think the OP is asking for the best strategy to use when investing, his question was rather very clear "Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" And not what is the best investment strategy to employ when investing in bitcoin. Let's try to focus on the actual topic and not deviate. Thank you
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I see everyone here is talking about the importance of the DCA strategy, inasmuch as the DCA strategy is undoubtedly effective when it comes to bitcoin accumulation, I don't think the OP is asking for the best strategy to use when investing, his question was rather very clear "Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" And not what is the best investment strategy to employ when investing in bitcoin. Let's try to focus on the actual topic and not deviate. Thank you
To answer this question "Is it appropriate to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" We can advise the OP to buy altcoins that match the amount of funds, this is done if funds are limited. but if I have large funds, I will choose to buy bitcoin, because I think bitcoin is safer to hold. because I am a holder
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To answer this question "Is it appropriate to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" We can advise the OP to buy altcoins that match the amount of funds, this is done if funds are limited. but if I have large funds, I will choose to buy bitcoin, because I think bitcoin is safer to hold. because I am a holder
That's right, by buying altcoins we can buy them even though the capital we use is very limited because currently there are still many altcoins whose prices are still cheap, such as Shiba, Doge and many others, rather than buying Bitcoin whose price movements are already expensive.
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If we have limited funds to buy bitcoin, we recommend using the DCA method. but if you have large funds, you can buy large amounts of bitcoin at once. I use the DCA method, because I am not a whale and not someone who has large funds.
The best time to do DCA is on the bear trend where the market is dropping, not only doing DCA but you should combine it with HODLING, DCA, and Hodling are two factors that will yield you a lot of big profits in the future.
I have a friend who does it because he has a business to support his family's daily needs and after 3 years he yields big profits, because of the profits he manage to expand his business.
If you have a good job or a business do DCA and you have done great for your future
- Well, honestly, the DCA methods are applicable to all crypto assets that we think can provide a good opportunity for us to make a profit. As long as we choose the right crypto assets apart from Bitcoin, Because it is said that if there is a lack of knowledge, there is a high chance that the investment that we will make will be dissolved or ignored.
So as an investment, rich or not, when you buy bitcoin at its current price, I can say that it is literally expensive, but if we go through DAC, we won't feel that for sure.
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Greetings to everyone.
As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.
profit is the main reason why people or those enthusiast you said that invested in bitcoin because if not then you should have called them HODLER or BELIEVER .
As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.
so sing you just have heard this but you invested then that means you wanted to profit as well?
Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
always believe in bitcoin capacity mate, there is nothing that can go against bitcoin in terms of security and sociality for longer term.
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There are indeed facilities available to be able to get capital to later be able to buy the coins you want, indirectly, namely through airdrops, bounties which do provide that or directly but using the DCA scheme so as not to be burdensome, Where all of that is to be able to with the aim of having the coins you want or own.
As long as it is intended, everything can be achieved well and fulfilled.
I also get capital from joining bounties and airdrops because the salary from the real world is for my living needs. Me too, I also use the DCA method to buy and collect Bitcoin from last year. Even though I don't have a large amount of bitcoin, at least I'm just trying to invest to make a profit
Use what we can to still be able to invest, including from the bounty that you do, and I also do the same thing and don't use other funds because it is to be more focused. Can the bounty that we get actually produce better results? Use as an investment and if there is excess, of course you can carry out a DCA scheme to increase it, of course it is also a good thing to do.
I think you are right to try investing, even if it's not too much, but there is always a chance to make a profit in time.
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There are indeed facilities available to be able to get capital to later be able to buy the coins you want, indirectly, namely through airdrops, bounties which do provide that or directly but using the DCA scheme so as not to be burdensome, Where all of that is to be able to with the aim of having the coins you want or own.
As long as it is intended, everything can be achieved well and fulfilled.
I also get capital from joining bounties and airdrops because the salary from the real world is for my living needs. Me too, I also use the DCA method to buy and collect Bitcoin from last year. Even though I don't have a large amount of bitcoin, at least I'm just trying to invest to make a profit
Use what we can to still be able to invest, including from the bounty that you do, and I also do the same thing and don't use other funds because it is to be more focused. Can the bounty that we get actually produce better results? Use as an investment and if there is excess, of course you can carry out a DCA scheme to increase it, of course it is also a good thing to do.
I think you are right to try investing, even if it's not too much, but there is always a chance to make a profit in time.
It is always good to invest especially we all knew what Bitcoin will bring us in the future or even in the 4 year cycle since we are expecting bullrun in this cycle. If we try to look at the year timeframe on the chart Bitcoins price still continue to rally regardless of negative events or news but yeah correction is just natural to Bitcoin so we should anticipate.
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It is always good to invest especially we all knew what Bitcoin will bring us in the future or even in the 4 year cycle since we are expecting bullrun in this cycle. If we try to look at the year timeframe on the chart Bitcoins price still continue to rally regardless of negative events or news but yeah correction is just natural to Bitcoin so we should anticipate.
Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
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Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
When Bitcoin is facing decline then every other coin is showing a similar pump and dump according to the price changes of Bitcoin so Bitcoin has the capacity to alter the value of other coins. As we have an examining dip from two days so lots of people are saying that bull season has come to an end and bear season started but with a two days of changes we cannot predict this fact as no one can easily calculate about bear and bull season.
Stay calm as the bull season has not gone yet and you will surely find a better opportunity if you carry your investment by utilizing your skills, knowledge, tolerance as well as overcome your feelings and emotions as they can force you to sell your asset before the new ATH.
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It is always good to invest especially we all knew what Bitcoin will bring us in the future or even in the 4 year cycle since we are expecting bullrun in this cycle. If we try to look at the year timeframe on the chart Bitcoins price still continue to rally regardless of negative events or news but yeah correction is just natural to Bitcoin so we should anticipate.
Even though Bitcoin goes higher than its current price in the long run, I don't consider this wise if someone spends all their money on buying Bitcoin when they can see it is in the bull run and can have a sharp decline anytime soon. In such times, one should only invest a portion of their capital just to get some profit if the price manages to go up more.
They should keep a large portion of their capital in liquid assets and wait for the market to decline and let the bear market come so that they can buy Bitcoin and other cryptocurrencies in a cheaper price and then get more profit in the next bull run because if they buy during the bull run and have nothing left behind and then if the market crashes, they will have nothing to do until the next bull run.
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Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
The correction is caused by the drop in Bitcoin price. If we analyzed, the correction of Bitcoin is very drastically. It dropped from $70k to $56k (current price). People stated that the drop will continue for the next few months and Bitcoin price is predicted to drop to $40k. This condition surely makes people be panic. I even feel a bit panic as well. However, I think the price may increase again in the end of this year and in the early of 2025.
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Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
The correction is caused by the drop in Bitcoin price. If we analyzed, the correction of Bitcoin is very drastically. It dropped from $70k to $56k (current price). People stated that the drop will continue for the next few months and Bitcoin price is predicted to drop to $40k. This condition surely makes people be panic. I even feel a bit panic as well. However, I think the price may increase again in the end of this year and in the early of 2025.
If anyone predicts Bitcoin will fall to $40K, keep holding Bitcoin and wait. because I believe this is not the end of bitcoin after touching ATH before the halving. Bitcoin prices will rise again later this year. I still believe bitcoin will touch more than $80K
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The way the market is, I don't think the price will increase in anytime soon and instead it is reducing. And now it as set a price of $57k to $59k range. And there is possiblity that it will be like that for sometimes before it will break out to the next bull market again. So this another good time to buy bitcoin and hodle but this might be a short term investment for those who are interested to invest for short term.
You're correct.
I think Bitcoin is tryna give investors another chance and opportunity to buy before the next bull run kicks in.
Bitcoin price might just indeed decide to stay in the $57k-$59kish range, or it could even decide to go lower than that. I know fully well that this is going to cause a lot of panic and stress amongst investors but it's important to know that one should already be prepared for any price movement at this phase of Bitcoin
Well, I have seen a lot of analysis, I don't know, but they seem a little discouraging to me because basically everything is betting on the fall, and that is something that makes me think, because of course, they say that if it reaches $58,000 or less, it is easy to fall . at $52k, then it is a speculation that occurs due to the market situation, of course I like the point of view that they are using, because we are betting on everything that the market can rise a lot, if everything is developing for the better then it could It is said that we are preparing for the big jump to $100k, this is something that we cannot deny will be good, of course we are investment people and we must take advantage of every opportunity we have, that is why it is best to have bitcoin in hodl mode .
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Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
The correction is caused by the drop in Bitcoin price. If we analyzed, the correction of Bitcoin is very drastically. It dropped from $70k to $56k (current price). People stated that the drop will continue for the next few months and Bitcoin price is predicted to drop to $40k. This condition surely makes people be panic. I even feel a bit panic as well. However, I think the price may increase again in the end of this year and in the early of 2025.
If anyone predicts Bitcoin will fall to $40K, keep holding Bitcoin and wait. because I believe this is not the end of bitcoin after touching ATH before the halving. Bitcoin prices will rise again later this year. I still believe bitcoin will touch more than $80K
If bitcoin falls to $40,000, it is obvious that things will improve since Bitcoin can surpass all those levels. Personally, I will always say something, for anything that is generated, having bitcoin is good, so you have to be patient. and bitcoin is bitcoin, you don't have to see the value in fiat at that moment , you just have to see that it is just bitcoin, nothing more, then in this other group of ideas things can be generated much better When it is seen like this clearly it is that Sometimes people can't stand the fact that bitcoin has a lower value than what they bought at the time and that makes them desperate, something like if the world was going to end, in bitcoin you have to be patient, no You don't have to lose control , that is the problem secret.
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If bitcoin falls to $40,000, it is obvious that things will improve since Bitcoin can surpass all those levels. Personally, I will always say something, for anything that is generated, having bitcoin is good, so you have to be patient. and bitcoin is bitcoin, you don't have to see the value in fiat at that moment , you just have to see that it is just bitcoin, nothing more, then in this other group of ideas things can be generated much better When it is seen like this clearly it is that Sometimes people can't stand the fact that bitcoin has a lower value than what they bought at the time and that makes them desperate, something like if the world was going to end, in bitcoin you have to be patient, no You don't have to lose control , that is the problem secret.
If you want to buy Bitcoin at a low price, buy it during the bearish season and you will get a safe price, maybe that will happen again in 2025 or 2026. Even though Bitcoin will drop to $40K this year, I'm sure there are still many who will continue to hold Bitcoin and wait for bitcoin to rise before selling it.
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I feel relatively expensive for my budget also, but i'm still driven to accumulate more over time. To achieve this, I've been DCA through Bitget's smart portfolio. Whenever I purchase altcoins that gain traction and get listed on reputable exchanges, I anticipate price pumps. So I strategically pair those altcoins against BTC in the smart portfolio, allowing me to effectively acquire more Bitcoin as those altcoins pump.
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I feel relatively expensive for my budget also, but i'm still driven to accumulate more over time. To achieve this, I've been DCA through Bitget's smart portfolio. Whenever I purchase altcoins that gain traction and get listed on reputable exchanges, I anticipate price pumps. So I strategically pair those altcoins against BTC in the smart portfolio, allowing me to effectively acquire more Bitcoin as those altcoins pump.
Yes, Bitcoin is indeed expensive. but we can use the DCA method to buy bitcoin, this is not burdensome because we can buy according to our capacity. Many people do this method. Even though Bitcoin is expensive, it is predicted that Bitcoin will be more expensive in the future. So get it now while we can still buy it.
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I feel relatively expensive for my budget also, but i'm still driven to accumulate more over time. To achieve this, I've been DCA through Bitget's smart portfolio. Whenever I purchase altcoins that gain traction and get listed on reputable exchanges, I anticipate price pumps. So I strategically pair those altcoins against BTC in the smart portfolio, allowing me to effectively acquire more Bitcoin as those altcoins pump.
Relatively about bitcoin price expensive or nor depend on our financial condition, for me still not freedom financial seems bitcoin have been expensive but still worth for investing depend on DCA moment. Just spending or waiting when bitcoin dropping to buy back bitcoin and then become long term holder or selling after increasing up few percent.
I have long term planning with bitcoin as my investment assets in the future, if reach stable financial one day later half of my assets will hold in bitcoin and left half saving in the bank as emergency fund.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
As an investor or someone who is keen's to make invest in bitcoin amount shouldn't restrict you and you can gradually apply DCA that is the way to hold bitcoin without you looking at having much money to buy in bulk.
So far DCA is the coolest way to keep accumulating bitcoin in little quantity irrespective of your income.
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Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.
As an investor or someone who is keen's to make invest in bitcoin amount shouldn't restrict you and you can gradually apply DCA that is the way to hold bitcoin without you looking at having much money to buy in bulk.
So far DCA is the coolest way to keep accumulating bitcoin in little quantity irrespective of your income.
Yeah but sometimes DCA won't work if fees are way too high just like what had happened few weeks ago during and after halving. But yeah no doubt DCA would be the best way to accumulate little by little until we are happy enough with our desired amount of investments.
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Yeah but sometimes DCA won't work if fees are way too high just like what had happened few weeks ago during and after halving. But yeah no doubt DCA would be the best way to accumulate little by little until we are happy enough with our desired amount of investments.
Yes, it won't work because we spend too much money for the transfer fees. So we must be patient when it is in bad condition, we keep the funds to buy when the market condition remains good. DCA is done gradually, we don't need to hurry to buy if we do DCA. As long as we use the funds for the long term holding, we don't need to hurry whether to buy or sell the Bitcoin or altcoins.
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Yeah but sometimes DCA won't work if fees are way too high just like what had happened few weeks ago during and after halving. But yeah no doubt DCA would be the best way to accumulate little by little until we are happy enough with our desired amount of investments.
Yes, it won't work because we spend too much money for the transfer fees. So we must be patient when it is in bad condition, we keep the funds to buy when the market condition remains good. DCA is done gradually, we don't need to hurry to buy if we do DCA. As long as we use the funds for the long term holding, we don't need to hurry whether to buy or sell the Bitcoin or altcoins.
Careful planning is required to make purchases using any scheme, including the very popular DCA. If the situation is not good, hold off first so that when it can be done, then carry out execution, everything can be done with careful consideration because the scheme is already good. Just need to adapt to it. The situation at that time.
I agree, there is no need to rush to carry out this scheme because the aim is to do it gradually and adapt it to the situation. It must be remembered that the time is also quite long to reach its peak.
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Yeah but sometimes DCA won't work if fees are way too high just like what had happened few weeks ago during and after halving. But yeah no doubt DCA would be the best way to accumulate little by little until we are happy enough with our desired amount of investments.
In my opinion, there is no harm in storing BTC temporarily in an exchange wallet, as long as transaction fees are still high and waiting a few months is not a burden for a holder. Exchange wallets are also not as bad as you might think, as long as you don't store BTC there for a very long time. Just wait for normal transaction fees to return, then you can immediately purchase BTC to store in your personal wallet.
In fact, high fees will only prevent us from selling BTC, and that is in accordance with what we are doing, namely holding for longer. As long as there is still a positive trend regarding BTC price movements, high transaction fees will only have a significant effect on people who frequently use it for transactions.