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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 20899 times)

Online bounceback

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Re: Is Bitcoin Too Expensive For Me?
« Reply #345 on: Today at 11:26:27 AM »
It's true, the risk of altcoins is indeed higher than Bitcoin. We can use altcoins only to make daily profits, while Bitcoin can be used for long-term investments because the value of Bitcoin which always rises becomes very expensive due to the influence of increasing demand.
Its possibility with altcoin make daily day profit but not guarantee yet how many altcoin easily drop and difficult recovery back to higher price.
I think bitcoin currently have been expensive but always has moment for bitcoin raise up to another expensive price, many trader have bad mindset with bitcoin have too expensive but most of them forget with how many time bitcoin success raise to most expensive price. Need to change with scare habit when looking bitcoin price have been expensive because in future bitcoin always have moment raise most expensive price.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #345 on: Today at 11:26:27 AM »

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Offline dekafee79

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Re: Is Bitcoin Too Expensive For Me?
« Reply #346 on: Today at 03:15:02 PM »
If bitcoin is too expensive, then what are we to say about the other altcoins which are more expensive to invest in because of their higher risk on investment, sometimes we could not just afford to make investment n other coins than bitcoin because of the risk involved in them, while bitcoin has been made available for everyone to invest according to how they can afford to without having the fear of missing out.
It's true, the risk of altcoins is indeed higher than Bitcoin. We can use altcoins only to make daily profits, while Bitcoin can be used for long-term investments because the value of Bitcoin which always rises becomes very expensive due to the influence of increasing demand.
but the profits of altcoins are greater than bitcoin, that should be our main consideration. if I invest in bitcoin for the long term, and altcoins for the short term. That's just our choice in seeking profits in investing. All choices are up to you

Online Jamal Aezaz

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Re: Is Bitcoin Too Expensive For Me?
« Reply #347 on: Today at 05:29:46 PM »
If bitcoin is too expensive, then what are we to say about the other altcoins which are more expensive to invest in because of their higher risk on investment, sometimes we could not just afford to make investment n other coins than bitcoin because of the risk involved in them, while bitcoin has been made available for everyone to invest according to how they can afford to without having the fear of missing out.

Either you will accept the risk or will accept the higher cost, people want to take huge money by using little Money so this is not possible with every type of coin. Lower worth coins never have surety that they will double your invested sum so due to this reason people often like to invest in bitcoin.

Although it is expensive, it can clearly increase your profit but if someone doesn't want to buy such expensive coins then there are also some other choices like Ethereum, BNB, Solana and many more but selection needs some research for accuracy therefore don't forget to search well before Investment.
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