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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 21304 times)

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Re: Is Bitcoin Too Expensive For Me?
« Reply #345 on: May 17, 2024, 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: May 17, 2024, 11:26:27 AM »

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Offline dekafee79

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Re: Is Bitcoin Too Expensive For Me?
« Reply #346 on: May 17, 2024, 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

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Re: Is Bitcoin Too Expensive For Me?
« Reply #347 on: May 17, 2024, 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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Re: Is Bitcoin Too Expensive For Me?
« Reply #348 on: May 17, 2024, 06:59:57 PM »
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
I also do this, I invest in bitcoin for the long term, while I invest in altcoins for the short term, and it's working so far. All opportunities are in front of us, depending on how we can utilize them well.

as long as we can and are able to invest in both, it is a good thing to do, as long as we can analyze it well. However, I also agree that all decisions are in our own hands, so it's up to us what we do.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #349 on: May 17, 2024, 08:03:14 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

Well the logic with these things is always very Considerable, because you are partly right with that, but when bitcoin only goes down a little the altcoins bleed and that is something that is not very good at the time of having a lot of money , because it is It has to wait much longer until it rises again, that's why bitcoin can fall, but when it rises it does so in a great way and that is what we must see , not all the time things can be good, but in the In the case of bitcoin, it has a life of its own and all altcoins will always depend on bitcoin and of course it is expected, it is presumed that some very good things could happen this year or in 2025, if this happens then the altcoins will also happen.
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Re: Is Bitcoin Too Expensive For Me?
« Reply #350 on: Today at 09:37:52 AM »
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
I also do this, I invest in bitcoin for the long term, while I invest in altcoins for the short term, and it's working so far. All opportunities are in front of us, depending on how we can utilize them well.

as long as we can and are able to invest in both, it is a good thing to do, as long as we can analyze it well. However, I also agree that all decisions are in our own hands, so it's up to us what we do.
That's right, the method he described really helps us to grow the Bitcoin assets we have. As long as there are altcoins that have potential, we have to make good use of them to grow Bitcoin assets. Make sure we don't get trapped at high prices and never hesitate to get out immediately when altcoin prices collapse.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #351 on: Today at 10:06:49 AM »
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
The profits that occur on Altcoins are temporary and very manipulative. Their goal is to increase the price of altcoins to increase users so that more people come in and buy the altcoins they own. Once the price rises high, whales will bring down the price of this altcoin quickly.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #351 on: Today at 10:06:49 AM »


Online Dr.Bitcoin_Strange

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Re: Is Bitcoin Too Expensive For Me?
« Reply #352 on: Today at 05:02:05 PM »
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
I also do this, I invest in bitcoin for the long term, while I invest in altcoins for the short term, and it's working so far. All opportunities are in front of us, depending on how we can utilize them well.

as long as we can and are able to invest in both, it is a good thing to do, as long as we can analyze it well. However, I also agree that all decisions are in our own hands, so it's up to us what we do.
I stopped investing in altcoins for quite a long time now because altcoins investments carries a lot more higher risks and you can lose more. My previous experiences with altcoins wasn't really blissful and I don't regret saying no to altcoin investment.
Bitcoin on the other hand has proven to be quite a more secure and efficient way to invest and I've never regret choosing bitcoin over altcoins,.

 

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