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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.
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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.
Yes, make it a moment to rest for a while because costs are increasing very high, but for now it seems like costs have fallen very cheaply and we can take advantage of this moment to buy as much as we can.
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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.
Of course, we must be careful to make a plan. Yes, DCA is a good idea but it is no a must. I also invest in crypto but I don't always use DCA because sometimes I prefer another way. Sure, we must have many considerations before we buy crypto coins, including Bitcoin. We must know whether we choose the right time to buy. And we must plan a target first before we buy certain coins.
Not sure how long to reach the peak. But it is probably in 2025 if it is according to the previous season of bullrun.
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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.
To manage high fees transaction by sending bitcoin currently hold it awhile in exchange wallet and keep purchasing without waiting lower fees decreasing, after having more sent it once in your own wallet if not really trusted with exchange wallet. I think transaction high fees of bitcoin sending is fluactive some time high and other time get lower, take advantage for sending after fees decreasing and don't stop keep purchasing bitcoin behind price get correction.
High fees of bitcoin transaction just taking few days only as usually, then we got chance with lower fees and most faster take time for transaction when sending 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?.
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.
Yes, make it a moment to rest for a while because costs are increasing very high, but for now it seems like costs have fallen very cheaply and we can take advantage of this moment to buy as much as we can.
Indeed, at times the fee costs really drain the funds that we will carry out for each transaction. For that reason, the DCA program that you are running at least just hold it and don't do anything or move it to a stable coin to wait for the time to continue, so you don't have to force yourself because it will make losses, but in principle what was done was good. That's right, now the fee situation has returned to normal, and you can run your program, don't hesitate to continue doing good things.
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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.
Makes sense...
I think the future of BTC is bright but the near future will be awful.
Also, consider diversifying into Altcoin for potential growth and stability. Bitcoin for saving and Altcoin for payment.
And Hodl is a good way to maximize profits but the emotional rollercoaster of Hodling is not for the faint of heart. It takes nerves of steel to stay the course amidst such wild swings.
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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.
Makes sense...
I think the future of BTC is bright but the near future will be awful.
Also, consider diversifying into Altcoin for potential growth and stability. Bitcoin for saving and Altcoin for payment.
And Hodl is a good way to maximize profits but the emotional rollercoaster of Hodling is not for the faint of heart. It takes nerves of steel to stay the course amidst such wild swings.
Bitcoin is too expensive but it is also cheap because it is not necessary to buy 1 whole bitcoin to invest, anyone can invest any amount there. It is true that the future of Bitcoin is so bright that anyone who can afford to invest should invest in Bitcoin for the long term. I always invest 10-30% of my salary in Bitcoin after paying my family expenses. Because I believe in it so much and I am so excited about its future
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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.
To manage high fees transaction by sending bitcoin currently hold it awhile in exchange wallet and keep purchasing without waiting lower fees decreasing, after having more sent it once in your own wallet if not really trusted with exchange wallet. I think transaction high fees of bitcoin sending is fluactive some time high and other time get lower, take advantage for sending after fees decreasing and don't stop keep purchasing bitcoin behind price get correction.
High fees of bitcoin transaction just taking few days only as usually, then we got chance with lower fees and most faster take time for transaction when sending bitcoin.
Well, that's the only choice if the investor is purchasing BTC using DCA method with a small amount. Instead of spending the little amount purchased only to fees, it's better to keep or hold it a little long in the exchange. This plan would be fine as long as there's still a plan to transfer it to his own wallet until the fees have decreased. It can be either target a certain amount of purchased (twice or more) before he transfer it to minimize the cost of transaction fees.
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Bitcoin is too expensive but it is also cheap because it is not necessary to buy 1 whole bitcoin to invest, anyone can invest any amount there. It is true that the future of Bitcoin is so bright that anyone who can afford to invest should invest in Bitcoin for the long term. I always invest 10-30% of my salary in Bitcoin after paying my family expenses. Because I believe in it so much and I am so excited about its future
Excellent decision!
If we are always DCA'ing, we are always winning but must learn to embrace Bitcoin's volatility.
Bitcoin's volatility can be daunting, but it's also an inherent part of its nature as a relatively young and rapidly evolving asset.
And when we are thinking of buying Bitcoin we should not compare it with fiat but rather real estate, gold, and other investments
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Bitcoin is too expensive but it is also cheap because it is not necessary to buy 1 whole bitcoin to invest, anyone can invest any amount there. It is true that the future of Bitcoin is so bright that anyone who can afford to invest should invest in Bitcoin for the long term. I always invest 10-30% of my salary in Bitcoin after paying my family expenses. Because I believe in it so much and I am so excited about its future
Excellent decision!
If we are always DCA'ing, we are always winning but must learn to embrace Bitcoin's volatility.
Bitcoin's volatility can be daunting, but it's also an inherent part of its nature as a relatively young and rapidly evolving asset.
And when we are thinking of buying Bitcoin we should not compare it with fiat but rather real estate, gold, and other investments
The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
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The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
Why do you have difficulty finding the location of Bitcoin prices from last year? you can see it on coinmarketcap, apart from that you also have to record all purchases in notes or excel as an important note for you because so far the exchange has only limited the traces of buying and selling transactions with the capital you use.
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The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
Why do you have difficulty finding the location of Bitcoin prices from last year? you can see it on coinmarketcap, apart from that you also have to record all purchases in notes or excel as an important note for you because so far the exchange has only limited the traces of buying and selling transactions with the capital you use.
What this means is that I have purchased bitcoin using the DCA method from last year, and this method is quite effective. I didn't record my bitcoin purchase price because maybe I just remembered it.
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The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
Why do you have difficulty finding the location of Bitcoin prices from last year? you can see it on coinmarketcap, apart from that you also have to record all purchases in notes or excel as an important note for you because so far the exchange has only limited the traces of buying and selling transactions with the capital you use.
What this means is that I have purchased bitcoin using the DCA method from last year, and this method is quite effective. I didn't record my bitcoin purchase price because maybe I just remembered it.
If you remember that you last bought bitcoin last year then you don't have to write it all down, what is clear is that you still remember the last time you bought bitcoin, that way you will know when is the right time to sell bitcoin and withdraw the profit you can get.
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Bitcoin is too expensive but it is also cheap because it is not necessary to buy 1 whole bitcoin to invest, anyone can invest any amount there. It is true that the future of Bitcoin is so bright that anyone who can afford to invest should invest in Bitcoin for the long term. I always invest 10-30% of my salary in Bitcoin after paying my family expenses. Because I believe in it so much and I am so excited about its future
Excellent decision!
If we are always DCA'ing, we are always winning but must learn to embrace Bitcoin's volatility.
Bitcoin's volatility can be daunting, but it's also an inherent part of its nature as a relatively young and rapidly evolving asset.
And when we are thinking of buying Bitcoin we should not compare it with fiat but rather real estate, gold, and other investments
The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
Most of us cannot afford to invest large amounts of money anywhere because we don't have enough savings after covering the whole month's expenses with the salary we get. so the money we save after meeting our daily expenses is invested in other assets including Bitcoin. So it automatically follows our DCA method. So if we continue our investment like this regularly then we can gradually own a large amount of bitcoins in the future.
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The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
Why do you have difficulty finding the location of Bitcoin prices from last year? you can see it on coinmarketcap, apart from that you also have to record all purchases in notes or excel as an important note for you because so far the exchange has only limited the traces of buying and selling transactions with the capital you use.
There's no need to waste your time recording everything, the important thing is that we buy enough Bitcoin and keep it for a long time. I think that's enough. Our main goal for doing DCA is to buy Bitcoin at whatever price is available on the exchange and there will be a lot collected someday.
What this means is that I have purchased bitcoin using the DCA method from last year, and this method is quite effective. I didn't record my bitcoin purchase price because maybe I just remembered it.
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The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford it
Why do you have difficulty finding the location of Bitcoin prices from last year? you can see it on coinmarketcap, apart from that you also have to record all purchases in notes or excel as an important note for you because so far the exchange has only limited the traces of buying and selling transactions with the capital you use.
What this means is that I have purchased bitcoin using the DCA method from last year, and this method is quite effective. I didn't record my bitcoin purchase price because maybe I just remembered it.
Actually, what you are doing is very good, and it is not easy because there will always be a lot of temptation to sell it when you see the price is as high as it is now. But if you continue to do the program, it will certainly be very good until ATH occurs a second time. There is no need to look back when you are doing DCA but look forward to the highly anticipated results.
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What this means is that I have purchased bitcoin using the DCA method from last year, and this method is quite effective. I didn't record my bitcoin purchase price because maybe I just remembered it.
Actually, what you are doing is very good, and it is not easy because there will always be a lot of temptation to sell it when you see the price is as high as it is now. But if you continue to do the program, it will certainly be very good until ATH occurs a second time. There is no need to look back when you are doing DCA but look forward to the highly anticipated results.
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The DCA method is a method that allows us to have small capital to invest large amounts of buying coins in stages. And it's best to do it until the coins really enter the bullish season, because at that time we will get a lot of profit from our coins. We can also get capital by joining bounties, airdrops and perhaps by doing daily trading, using the DCA method
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Most of us cannot afford to invest large amounts of money anywhere because we don't have enough savings after covering the whole month's expenses with the salary we get. so the money we save after meeting our daily expenses is invested in other assets including Bitcoin. So it automatically follows our DCA method. So if we continue our investment like this regularly then we can gradually own a large amount of bitcoins in the future.
Investment should be done after saving and daily necessities are fulfilled. If we have limited money and it is likely not enough for saving and basic necessities, we don't force ourselves to invest. Moreover, investing money in crypto is high risk and no guarantee for profits. Even we invest in Bitcoin, it is also still risky and no certain profit to be achieved. Sure, always use funds that we afford to lose. Never think to use funds that we use for basic necessities and saving.
DCA is a good strategy for the long term holding. It is also suitable for people who have limited funds. We can apply DCA on our Bitcoin investment if it looks suitable with our condition. ;)
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DCA is a good strategy for the long term holding. It is also suitable for people who have limited funds. We can apply DCA on our Bitcoin investment if it looks suitable with our condition. ;)
It is very suitable if you have a reserve of funds that is possible, because DCA is done slowly, buying gradually at any price level with a predetermined time Or you can also buy when the price is in correction.
Always do the management correctly then the plan to do DCA will go well.
Sometimes some people just buy without thinking about how much to buy and how much to keep for backup.
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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.
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Most of us cannot afford to invest large amounts of money anywhere because we don't have enough savings after covering the whole month's expenses with the salary we get. so the money we save after meeting our daily expenses is invested in other assets including Bitcoin. So it automatically follows our DCA method. So if we continue our investment like this regularly then we can gradually own a large amount of bitcoins in the future.
Investment should be done after saving and daily necessities are fulfilled. If we have limited money and it is likely not enough for saving and basic necessities, we don't force ourselves to invest. Moreover, investing money in crypto is high risk and no guarantee for profits. Even we invest in Bitcoin, it is also still risky and no certain profit to be achieved. Sure, always use funds that we afford to lose. Never think to use funds that we use for basic necessities and saving.
Good advice...
Making sure our financial condition is healthy is the first step before deciding to invest
After that, determine the amount of funds to be invested, the goal, period, and the type of investment.
And putting all money in high-risk investments like crypto is not a wise move, at least 50% of the funds should be invested in low-risk investments like gold.
Balancing and Diversification is good for reducing risk. IMO
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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.
I don't see any expensive how Bitcoin is, the fact that you can buy Bitcoin in fraction, there is no problem at all because you are covered by security, you are covered from any form of scams if you keep your coins on a good exchange and it you don't have to worry about any form of rug pull but I think his fear is because of the return on the investment. It's better to have a safe investment and have a moderate return than to have a return that is never guaranteed.
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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.
The question of price is the cause and effect of every trade that has occurred where there is more demand and very little supply, so the price increases sharply [EXPENSIVE], so that could happen to bitcoin or altcoins. But we don't just invest. But also think about the impact that will occur. in choosing it, bitcoin is clearly less risky compared to altcoins. For this reason, the best choice is Bitcoin, even though it is expensive, so there is no need to be afraid to hold and buy Bitcoin because the profits are greater than the losses that will occur.
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Most of us cannot afford to invest large amounts of money anywhere because we don't have enough savings after covering the whole month's expenses with the salary we get. so the money we save after meeting our daily expenses is invested in other assets including Bitcoin. So it automatically follows our DCA method. So if we continue our investment like this regularly then we can gradually own a large amount of bitcoins in the future.
Investment should be done after saving and daily necessities are fulfilled. If we have limited money and it is likely not enough for saving and basic necessities, we don't force ourselves to invest. Moreover, investing money in crypto is high risk and no guarantee for profits. Even we invest in Bitcoin, it is also still risky and no certain profit to be achieved. Sure, always use funds that we afford to lose. Never think to use funds that we use for basic necessities and saving.
Good advice...
Making sure our financial condition is healthy is the first step before deciding to invest
After that, determine the amount of funds to be invested, the goal, period, and the type of investment.
And putting all money in high-risk investments like crypto is not a wise move, at least 50% of the funds should be invested in low-risk investments like gold.
Balancing and Diversification is good for reducing risk. IMO
We all know that there are people who are very distrustful when it comes to investing, for me the best thing is that you can do something to have money, and what I am saying is buy bitcoin, we can have little money, but the beautiful thing about bitcoin is that with We can buy little and that is a great relief, because we have seen that gold cannot be bought very little and it is a pain to buy it, if you buy it on the stock market it is not the same as buying physical gold, also buying physical gold is a big risk , and you have to know how to buy, I have heard that Italian gold is the best, but buy 24 carat gold, but to avoid going through so much it is better to buy Bitcoin and then enjoy its great benefits when it rises, you have to see it like that. Simple and without so much complication.
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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.
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Always do the management correctly then the plan to do DCA will go well.
Money management is a crucial part in Bitcoin investment. DCA is good but it won't lead to the success if we have bad money management. We also need to have good plan for our Bitcoin investment, make sure we have realistic goals. Don't be a greedy investor, just take profits when it reaches the goal.
Sometimes some people just buy without thinking about how much to buy and how much to keep for backup.
Most people who do this are newbies or newcomers. They have no idea about how much to spend money. They only think to get huge profits, so they use huge money. They don't know if it will be high risk to use huge funds when we don't really have sufficient knowledge. Sometimes, they use money as much as possible without thinking of having reserved money for their daily life.
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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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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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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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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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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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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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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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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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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.
Well, I also usually invest in altcoins for the short term and I use the profits to buy bitcoin, so apart from buying bitcoin from my work, I also buy it from my profits from investing in altcoins, this is something that is very beneficial for me.
Everyone certainly has their own way of investing and the method I use is one of the many methods available and who knows, it could be your choice to do the same thing as me.
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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,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
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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,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
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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,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
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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,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
Actually, you can choose any coins that you consider to have potential and that you are sure will bring profits, I will try to answer your question. We have many choices but it's best to choose the coins in the coin top. That's better and less risky
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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,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
I think it's like we are going shopping in the mall we then collect and collect then we select the best but if money is not a problem to you then you can buy all you needed just don't prioritize wants in crypto because a coin with good narrative will surely make a good ROI as well.
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I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
I was the same as you at the beginning, but after knowing and seeing and reading a lot of information, if you don't have the ability to analyze, there is a mechanism that can be used to determine which altcoin you want to buy. You can look at CMC for coins in the best ranking and with the most potential for you to choose, because there is no doubt about the capacity that these coins have.
If there are more funds to choose from, of course there will be an opportunity to earn money.
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I was the same as you at the beginning, but after knowing and seeing and reading a lot of information, if you don't have the ability to analyze, there is a mechanism that can be used to determine which altcoin you want to buy. You can look at CMC for coins in the best ranking and with the most potential for you to choose, because there is no doubt about the capacity that these coins have.
If there are more funds to choose from, of course there will be an opportunity to earn money.
In CMC there is not much change in the data from year to year, for the top 10 coins it is always filled with that same coin, meaning here the rank in CMC does not indicate the greatest opportunity to make big profits, but only gives an idea of which coin is stronger and that's it. does not guarantee the height of the upcoming green candlestick.
Currently, it has been proven that coins with high volatility always shock the public, but many are not caught on camera when there is a bearish market on other similar coins. So, if you want to see big opportunities, choose one coin and analyze it as best as possible and ask for other people's opinions as a reference. That experience will shape you into a more talented investor.
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I was the same as you at the beginning, but after knowing and seeing and reading a lot of information, if you don't have the ability to analyze, there is a mechanism that can be used to determine which altcoin you want to buy. You can look at CMC for coins in the best ranking and with the most potential for you to choose, because there is no doubt about the capacity that these coins have.
If there are more funds to choose from, of course there will be an opportunity to earn money.
In CMC there is not much change in the data from year to year, for the top 10 coins it is always filled with that same coin, meaning here the rank in CMC does not indicate the greatest opportunity to make big profits, but only gives an idea of which coin is stronger and that's it. does not guarantee the height of the upcoming green candlestick.
Currently, it has been proven that coins with high volatility always shock the public, but many are not caught on camera when there is a bearish market on other similar coins. So, if you want to see big opportunities, choose one coin and analyze it as best as possible and ask for other people's opinions as a reference. That experience will shape you into a more talented investor.
Not only in CMC but in all exchange mate , of course that is set per rank meaning the highest marketcap and value will be on top , but you can change that in by names or by movement depend on what you wanted as long as there is a feature in cmc.
and coin in crypto are all volatile its just happen that some moves fast this day and others may move in the following days.
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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,.
Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.
I think the potential of altcoins if we buy at the right time will also make us rich if we sell them during the bullish season. Bitcoin is a safe coin for the long term, and in my opinion altcoins are coins that provide more profits. so own both during the bearish season and sell them during the bullish season.
What about the many altcoins created on all exchanges, do we have to buy all the existing altcoins? or buy some? How can you determine the choice of altcoin you want to buy. So far I still need a lot of information on how professional traders trade and always make a profit.
I think it's like we are going shopping in the mall we then collect and collect then we select the best but if money is not a problem to you then you can buy all you needed just don't prioritize wants in crypto because a coin with good narrative will surely make a good ROI as well.
Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all. We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want. One of the easier things about investing is that now DCA method of investing is available an investor can follow the DCA method and invest in Bitcoin according to his financial position.
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Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all. We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want. One of the easier things about investing is that now DCA method of investing is available an investor can follow the DCA method and invest in Bitcoin according to his financial position.
DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
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Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all. We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want. One of the easier things about investing is that now DCA method of investing is available an investor can follow the DCA method and invest in Bitcoin according to his financial position.
DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
We should really be not making ourselves that obliged on buying up a whole coin specially if you are someone who doesnt earn that much. So it would really be just that normal that you would be buying with parts or in fractions on which this is something that will really be that be focusing into if you are really that serious on trying out to accumulate Bitcoin.
It wont really be necessary for you to have a whole coin but its not bad on making it as your goal considering that supply of Bitcoin is really that scarce.
Getting 1 whole coin is really that something a good achievement at the same time a good investment of course.
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We should really be not making ourselves that obliged on buying up a whole coin specially if you are someone who doesnt earn that much. So it would really be just that normal that you would be buying with parts or in fractions on which this is something that will really be that be focusing into if you are really that serious on trying out to accumulate Bitcoin.
It wont really be necessary for you to have a whole coin but its not bad on making it as your goal considering that supply of Bitcoin is really that scarce.
Getting 1 whole coin is really that something a good achievement at the same time a good investment of course.
Having one whole coin let alone bitcoin is quite an achievement,
but if you buy gradually from a few years ago it will probably be faster because the price a few years ago was very cheap than it is today.
I may not reach 1 BTC at the moment but I have a few more coins like ETH for the long term as well.
It all depends on the ability to buy and not force to continue buying as you say.
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Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all. We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want. One of the easier things about investing is that now DCA method of investing is available an investor can follow the DCA method and invest in Bitcoin according to his financial position.
If we talk about buying a whole Bitcoin then it is expensive and nobody will be able to invest in it but Bitcoin offers us an opportunity through which we can invest the amount which is easy to manage and which we can make available.
If we think about the strategy of DCA and the opportunity to invest according to our income and saving amount then buying Bitcoin is not expensive. With Bitcoin investment you will not feel a burden if you have an extra amount because it is up to you for what amount you want to buy Bitcoin.
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DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
Many people use DCA to have Bitcoin assets. If we can start doing it since the early of bearish season, we must already have a big number of Bitcoin now. Buying gradually will make us to have an option to buy Bitcoin at any rate. We also don't need to use big amount of money, we can buy gradually with small amount of money. $10 is possible to buy Bitcoin, we can increase the amount of the money if we have additional funds. But the challenge is we must do it consistently. ;)
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DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
Many people use DCA to have Bitcoin assets. If we can start doing it since the early of bearish season, we must already have a big number of Bitcoin now. Buying gradually will make us to have an option to buy Bitcoin at any rate. We also don't need to use big amount of money, we can buy gradually with small amount of money. $10 is possible to buy Bitcoin, we can increase the amount of the money if we have additional funds. But the challenge is we must do it consistently. ;)
This is an economical way for those of us who don't have a lot of capital to buy bitcoins, we only need to set aside money every week or every month to collect bitcoins. This method has been used by many people and it works.
Of course, if we want to own large amounts of bitcoin directly, then that will be difficult for us to do. Because our financial capabilities are different, some are capable and some are not, so use a method that is easy for us, one of which is DCA.
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DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
Many people use DCA to have Bitcoin assets. If we can start doing it since the early of bearish season, we must already have a big number of Bitcoin now. Buying gradually will make us to have an option to buy Bitcoin at any rate. We also don't need to use big amount of money, we can buy gradually with small amount of money. $10 is possible to buy Bitcoin, we can increase the amount of the money if we have additional funds. But the challenge is we must do it consistently. ;)
This is an economical way for those of us who don't have a lot of capital to buy bitcoins, we only need to set aside money every week or every month to collect bitcoins. This method has been used by many people and it works.
Of course, if we want to own large amounts of bitcoin directly, then that will be difficult for us to do. Because our financial capabilities are different, some are capable and some are not, so use a method that is easy for us, one of which is DCA.
Seeing the high price of Bitcoin, we can make gradual purchases using the DCA method. I think many members here have done it. This is a good method, but in my opinion it would be more appropriate if you started doing it 2 years ago. Currently I am more focused on buying during corrections and selling during bullruns.
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This is an economical way for those of us who don't have a lot of capital to buy bitcoins, we only need to set aside money every week or every month to collect bitcoins. This method has been used by many people and it works.
Of course, if we want to own large amounts of bitcoin directly, then that will be difficult for us to do. Because our financial capabilities are different, some are capable and some are not, so use a method that is easy for us, one of which is DCA.
Seeing the high price of Bitcoin, we can make gradual purchases using the DCA method. I think many members here have done it. This is a good method, but in my opinion it would be more appropriate if you started doing it 2 years ago. Currently I am more focused on buying during corrections and selling during bullruns.
There is no doubt that this strategy has been used by many people who want to invest in bitcoin, especially those who have minimal capital to buy bitcoin.
And gradual buying has brought us to this point, I mean if we made gradual buying when bitcoin was at its lowest price then we would have made a profit, at least 3x we would have made a profit from the rise in bitcoin now. This must be felt by us holders.,
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This is an economical way for those of us who don't have a lot of capital to buy bitcoins, we only need to set aside money every week or every month to collect bitcoins. This method has been used by many people and it works.
Of course, if we want to own large amounts of bitcoin directly, then that will be difficult for us to do. Because our financial capabilities are different, some are capable and some are not, so use a method that is easy for us, one of which is DCA.
Seeing the high price of Bitcoin, we can make gradual purchases using the DCA method. I think many members here have done it. This is a good method, but in my opinion it would be more appropriate if you started doing it 2 years ago. Currently I am more focused on buying during corrections and selling during bullruns.
There is no doubt that this strategy has been used by many people who want to invest in bitcoin, especially those who have minimal capital to buy bitcoin.
And gradual buying has brought us to this point, I mean if we made gradual buying when bitcoin was at its lowest price then we would have made a profit, at least 3x we would have made a profit from the rise in bitcoin now. This must be felt by us holders.,
Limited funds for investing are the reason why we have to use the CDA method if we want to collect large amounts of bitcoin by buying in stages. This method is very effective and we can do it long before the bullish season, so that during the bullish season we can sell our bitcoins in larger amounts and of course at a higher price.
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There is no doubt that this strategy has been used by many people who want to invest in bitcoin, especially those who have minimal capital to buy bitcoin.
And gradual buying has brought us to this point, I mean if we made gradual buying when bitcoin was at its lowest price then we would have made a profit, at least 3x we would have made a profit from the rise in bitcoin now. This must be felt by us holders.,
Limited funds for investing are the reason why we have to use the CDA method if we want to collect large amounts of bitcoin by buying in stages. This method is very effective and we can do it long before the bullish season, so that during the bullish season we can sell our bitcoins in larger amounts and of course at a higher price.
It cannot be denied that this method makes it easier for us to invest, we are not required to have a lot of money, because with only a small amount of money we can still invest and that is something that benefits us.
There are many ways that can be used and this strategy is a popular strategy that many people use. The effectiveness of this method is something that makes us have no pressure, because we can invest any amount.
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It cannot be denied that this method makes it easier for us to invest, we are not required to have a lot of money, because with only a small amount of money we can still invest and that is something that benefits us.
There are many ways that can be used and this strategy is a popular strategy that many people use. The effectiveness of this method is something that makes us have no pressure, because we can invest any amount.
Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have. Say did that, using money from trading. The profits from trading I bought bitcoin using the DCA method. Maybe many members here have done it.
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Seeing the high price of Bitcoin, we can make gradual purchases using the DCA method. I think many members here have done it. This is a good method, but in my opinion it would be more appropriate if you started doing it 2 years ago. Currently I am more focused on buying during corrections and selling during bullruns.
Whatever the price of Bitcoin, we always can use the DCA method in collecting Bitcoin. Sure, it should be done for a long time because it takes time to have good number of Bitcoin with the DCA method. We mostly buy Bitcoin with small number of Bitcoin if we use the DCA. Yes, ideally we already started using DCA since 2022 and we may continue it until now. If we do it, we probably have good number of Bitcoin as our assets now.
Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have. Say did that, using money from trading. The profits from trading I bought bitcoin using the DCA method. Maybe many members here have done it.
DCA is a good method, but it doesn't guarantee earning huge profits. To make it be effective, we must understand well the cycle of bullish-bearish. So we can decide the right way in selling the Bitcoin, we must know how to determine the best time to exit (selling) the Bitcoin. If we can sell at the peak of the price, it will be effective. ;)
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It cannot be denied that this method makes it easier for us to invest, we are not required to have a lot of money, because with only a small amount of money we can still invest and that is something that benefits us.
There are many ways that can be used and this strategy is a popular strategy that many people use. The effectiveness of this method is something that makes us have no pressure, because we can invest any amount.
Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have. Say did that, using money from trading. The profits from trading I bought bitcoin using the DCA method. Maybe many members here have done it.
Absolutely correct mate, this is one of the things that makes Bitcoin accumulation interesting. The fact that you can actually choose for several accumulation strategies and use the one that works best for you is quite fun. You could actually combine one or more strategies to form a more productive and conducive strategy. Personally I like the DCA and combining it with buying the dip will aid more profit. Or using the lump sum in cases were the market is in a serious dip. It's not compulsory that an investor must buy 1btc before they know as investors or Bitcoin enthusiast. The process is simple, buy what you have, no pressure.
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It cannot be denied that this method makes it easier for us to invest, we are not required to have a lot of money, because with only a small amount of money we can still invest and that is something that benefits us.
There are many ways that can be used and this strategy is a popular strategy that many people use. The effectiveness of this method is something that makes us have no pressure, because we can invest any amount.
Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have. Say did that, using money from trading. The profits from trading I bought bitcoin using the DCA method. Maybe many members here have done it.
Well that's also something we can do and I do it too, I usually invest in altcoins and take the profits and divert them to buying bitcoin. Methods like this are strategies that everyone can do.
We can focus on bitcoin, but we also don't miss altcoins. This is something that is very profitable for us, because we can maximize all the opportunities that exist.
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This is an economical way for those of us who don't have a lot of capital to buy bitcoins, we only need to set aside money every week or every month to collect bitcoins. This method has been used by many people and it works.
Yep. Many people can succeed with this way. This is a realistic way that people who have limited funds to apply. Even with the funds below $50, we can accumulate Bitcoin every month. I think it is not so difficult to spend money around $30-$50 every month. If we can do it consistently in 3-4 years, we can have good number of Bitcoin in our wallets.
Of course, if we want to own large amounts of bitcoin directly, then that will be difficult for us to do. Because our financial capabilities are different, some are capable and some are not, so use a method that is easy for us, one of which is DCA.
Only rich people who can have large number of Bitcoin, even 1 Bitcoin is something difficult to own by average and poor people. Sure, DCA is the way that everyone can do to accumulate Bitcoin gradually. It doesn't require to have a lot of money, we can buy Bitcoin with any amount of money we have. I know, everyone has a different financial stability or economic level. :)
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Yep. Many people can succeed with this way. This is a realistic way that people who have limited funds to apply. Even with the funds below $50, we can accumulate Bitcoin every month. I think it is not so difficult to spend money around $30-$50 every month. If we can do it consistently in 3-4 years, we can have good number of Bitcoin in our wallets.
Even though it's not as much as rich people have, I'm sure they will experience asset growth due to Bitcoin price movements in that time period. If converted to FIAT, it is certain that people who carry out DCA within a period of 4 years will get profits which may be on average at least more than +60%. You can use this DCA calculator https://cryptodca.io/crypto-dca-calculator/ if you want to know what idea you can get.
Because this is a long-term model, at least those who do DCA must be mentally strong and consistent. Considering that it seems like many people stop in the middle of the road because of several obstacles.
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Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all. We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want. One of the easier things about investing is that now DCA method of investing is available an investor can follow the DCA method and invest in Bitcoin according to his financial position.
DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
Because bitcoin is already very high, sometimes people not can afford to buy it in units, so there are those who buy it using several schemes so they can also have it, but the DCA scheme is the best possible compared to other schemes.
It is very important that when prices are down, it is the right time to buy, because by getting a cheap price you will collect more.
Whatever amount is used, as long as it is done consistently, it will be achieved well.
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There is no doubt that this strategy has been used by many people who want to invest in bitcoin, especially those who have minimal capital to buy bitcoin.
And gradual buying has brought us to this point, I mean if we made gradual buying when bitcoin was at its lowest price then we would have made a profit, at least 3x we would have made a profit from the rise in bitcoin now. This must be felt by us holders.,
Limited funds for investing are the reason why we have to use the CDA method if we want to collect large amounts of bitcoin by buying in stages. This method is very effective and we can do it long before the bullish season, so that during the bullish season we can sell our bitcoins in larger amounts and of course at a higher price.
It cannot be denied that this method makes it easier for us to invest, we are not required to have a lot of money, because with only a small amount of money we can still invest and that is something that benefits us.
There are many ways that can be used and this strategy is a popular strategy that many people use. The effectiveness of this method is something that makes us have no pressure, because we can invest any amount.
Everything that means buying and accumulating bitcoin is what is needed, personally I have always said something, when we rush to look for a way to have bitcoin, we know that due to its price we cannot obtain it at once, but we can through Methods , the important thing is to accumulate satoshis and satoshis until they accumulate as much as possible Some do Trading , others are dedicated to Selling their things to buy, which Doesn't seem bad to me , but people can't lose focus, they have to know how to control themselves to Don't buy so high, you have to try to buy in the dips , the chart itself indicates it, there is a lot of analysis from people who can help us and especially in the Forums.
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Well that's also something we can do and I do it too, I usually invest in altcoins and take the profits and divert them to buying bitcoin. Methods like this are strategies that everyone can do.
We can focus on bitcoin, but we also don't miss altcoins. This is something that is very profitable for us, because we can maximize all the opportunities that exist.
Most of the people are doing the same thing as they buy both Bitcoin and altcoins and whenever they find their hold altcoins profitable then they invest that amount of profit into Bitcoin so in such case they will be more profitable in future.
People are afraid of altcoins investment but they don't know that the amount of profit from altcoins are also very big if they do the same things which are necessary for having a money making opportunity. We have to take benefit from each and every chance because the same profitable situations do not exist all the time so take the risk and go ahead with learned skills.
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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?.
Post is old but the question still fits best at the current times, so I will say if you have a little amount of money and you want to invest in BTC then its good you should invest it but first you have to realize what are your goals. I mean how long are you planning to invest, for 1 year or for a few months only, and what's the profit you are expecting if 3x from the CMP then that's a no even if it is 2x then it still a no to BTC, and I would prefer you to go with some ALT.
But considering the price of BTC at the post time, I will say it was a good time to buy btc for a 2x because at that time the price was around $42k I think, or close to this number. So at that time, the entry would make us 2x or maybe more but at the current market price, it can't so the best choice is to go with some good alt. ETH is good-looking at the moment it can give us more than 3x.
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Even though it's not as much as rich people have, I'm sure they will experience asset growth due to Bitcoin price movements in that time period. If converted to FIAT, it is certain that people who carry out DCA within a period of 4 years will get profits which may be on average at least more than +60%.
For those people who already bought most of their Bitcoin when the price was below $20k, they already got profits more than 100%. Just remember how the dip price of Bitcoin in 2022, it was below $20k. Not sure if those people who bought at that year still keep holding or taking profits already. But they must get huge profits even they didn't buy too many Bitcoin. Even holding 1 Bitcoin, we already got nice profits. :D
Because this is a long-term model, at least those who do DCA must be mentally strong and consistent. Considering that it seems like many people stop in the middle of the road because of several obstacles.
Yep. We must have strong mentality and discipline if we want to hold for a long term. It is not easy to hold a long term because there will be too many FUDs and we will see the massive movement of Bitcoin price. For those people who have weak mentality, it is not recommended to hold a long term. They must be panicked when there massive FUDs.
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Well that's also something we can do and I do it too, I usually invest in altcoins and take the profits and divert them to buying bitcoin. Methods like this are strategies that everyone can do.
We can focus on bitcoin, but we also don't miss altcoins. This is something that is very profitable for us, because we can maximize all the opportunities that exist.
Most of the people are doing the same thing as they buy both Bitcoin and altcoins and whenever they find their hold altcoins profitable then they invest that amount of profit into Bitcoin so in such case they will be more profitable in future.
People are afraid of altcoins investment but they don't know that the amount of profit from altcoins are also very big if they do the same things which are necessary for having a money making opportunity. We have to take benefit from each and every chance because the same profitable situations do not exist all the time so take the risk and go ahead with learned skills.
Of course, that's the right way to apply. When you make a profit on altcoins, you immediately transfer the profits you get to Bitcoin because the profits will increase even more, because Bitcoin is a long-term investment and has very little risk.
You are right, many are afraid of investing in altcoins because many altcoins are scams, but when it comes to profits, they are no less and are often even higher because the value we invest is usually greater than investing in bitcoin, whose price is already high. That's the only thing that ultimately makes the difference.
You always have to be wise and be able to find which one is more profitable because the goal is to make a profit by investing.
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Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all. We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want. One of the easier things about investing is that now DCA method of investing is available an investor can follow the DCA method and invest in Bitcoin according to his financial position.
DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.
Because bitcoin is already very high, sometimes people not can afford to buy it in units, so there are those who buy it using several schemes so they can also have it, but the DCA scheme is the best possible compared to other schemes.
It is very important that when prices are down, it is the right time to buy, because by getting a cheap price you will collect more.
Whatever amount is used, as long as it is done consistently, it will be achieved well.
The best time to buy bitcoin depends on the strategy that the investor is using to accumulate bitcoin more especially if the investor is using DCA strategy to accumulate bitcoin,the investor can buy during the dip, and also when the price is also high, since DCA method involves buying bitcoin regularly either weekly or monthly. But if the investor is using lump strategy, the best time to buy is during the dip. Although I won't advise anyone to wait for bitcoin to dip beforehe begins to make an investment.
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The best time to buy bitcoin depends on the strategy that the investor is using to accumulate bitcoin more especially if the investor is using DCA strategy to accumulate bitcoin,the investor can buy during the dip, and also when the price is also high, since DCA method involves buying bitcoin regularly either weekly or monthly. But if the investor is using lump strategy, the best time to buy is during the dip. Although I won't advise anyone to wait for bitcoin to dip beforehe begins to make an investment.
During the bearish season 2 years ago I used the DCA method to buy bitcoin and ethereum, but after bitcoin reached ATh $73K, I stopped using this method. because in my opinion the price of bitcoin is too high. Currently I only buy when the market experiences a correction. And I also started using other altcoins to diversify
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The best time to buy bitcoin depends on the strategy that the investor is using to accumulate bitcoin more especially if the investor is using DCA strategy to accumulate bitcoin,the investor can buy during the dip, and also when the price is also high, since DCA method involves buying bitcoin regularly either weekly or monthly. But if the investor is using lump strategy, the best time to buy is during the dip. Although I won't advise anyone to wait for bitcoin to dip beforehe begins to make an investment.
That's right, everyone has their own strategy for investing and sometimes other people can't follow it, and when the time is right, we can't see from other people that our readiness with money is also a major factor in investing.
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Of course, that's the right way to apply. When you make a profit on altcoins, you immediately transfer the profits you get to Bitcoin because the profits will increase even more, because Bitcoin is a long-term investment and has very little risk.
You are right, many are afraid of investing in altcoins because many altcoins are scams, but when it comes to profits, they are no less and are often even higher because the value we invest is usually greater than investing in bitcoin, whose price is already high. That's the only thing that ultimately makes the difference.
You always have to be wise and be able to find which one is more profitable because the goal is to make a profit by investing.
Some people don't have enough money to buy bitcoin directly so most of the time they purchase low value coins and take out the profit when it grows higher so in such a way they can buy Bitcoin by utilizing the profit from altcoins.
There are many scam projects but only knowledge can help you to avoid scam and invest in profitable altcoins so try to do investigation and make a detailed study that can aid in making the right selection. If you give your precious time to investigation then altcoins will give you precious outcomes for which you are dreaming for lots of months or years.
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During the bearish season 2 years ago I used the DCA method to buy bitcoin and ethereum, but after bitcoin reached ATh $73K, I stopped using this method. because in my opinion the price of bitcoin is too high. Currently I only buy when the market experiences a correction. And I also started using other altcoins to diversify
So, you have applied the DCA method since 2022? Well, you must got many Bitcoin because it was in the lowest price of Bitcoin. DCA is a proper method to accumulate Bitcoin gradually. Many people use this method because it is an effective method for the people who have limited funds. Sure, when the price of Bitcoin have reached a new ATH, it is okay if you want to stop it. Have you sold your Bitcoin at $73k? It is always good to buy when there is a correction or the market looks in the sideways phase.
Diversification is good but we must always choose safe coins. Top altcoins are good for the options of some coins to buy. I also prioritize the top coins for my assets. I think diversification will be useless if we choose the wrong coins. So, whatever the way in investment, choosing the right coins are a must.
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Of course, that's the right way to apply. When you make a profit on altcoins, you immediately transfer the profits you get to Bitcoin because the profits will increase even more, because Bitcoin is a long-term investment and has very little risk.
You are right, many are afraid of investing in altcoins because many altcoins are scams, but when it comes to profits, they are no less and are often even higher because the value we invest is usually greater than investing in bitcoin, whose price is already high. That's the only thing that ultimately makes the difference.
You always have to be wise and be able to find which one is more profitable because the goal is to make a profit by investing.
Some people don't have enough money to buy bitcoin directly so most of the time they purchase low value coins and take out the profit when it grows higher so in such a way they can buy Bitcoin by utilizing the profit from altcoins.
There are many scam projects but only knowledge can help you to avoid scam and invest in profitable altcoins so try to do investigation and make a detailed study that can aid in making the right selection. If you give your precious time to investigation then altcoins will give you precious outcomes for which you are dreaming for lots of months or years.
Bitcoin never requires investing large amounts at once. So those who don't have enough money to make big investments can invest small amounts regularly as per their ability. Then it will follow the DCA method and greatly reduce their investment risk. So I think people who don't have much money should invest in Bitcoin instead of investing or trading in Altcoins then their money will be much safer. Since they are already very weak financially, they should not take high risk anyway
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Of course, that's the right way to apply. When you make a profit on altcoins, you immediately transfer the profits you get to Bitcoin because the profits will increase even more, because Bitcoin is a long-term investment and has very little risk.
You are right, many are afraid of investing in altcoins because many altcoins are scams, but when it comes to profits, they are no less and are often even higher because the value we invest is usually greater than investing in bitcoin, whose price is already high. That's the only thing that ultimately makes the difference.
You always have to be wise and be able to find which one is more profitable because the goal is to make a profit by investing.
Some people don't have enough money to buy bitcoin directly so most of the time they purchase low value coins and take out the profit when it grows higher so in such a way they can buy Bitcoin by utilizing the profit from altcoins.
There are many scam projects but only knowledge can help you to avoid scam and invest in profitable altcoins so try to do investigation and make a detailed study that can aid in making the right selection. If you give your precious time to investigation then altcoins will give you precious outcomes for which you are dreaming for lots of months or years.
Bitcoin never requires investing large amounts at once. So those who don't have enough money to make big investments can invest small amounts regularly as per their ability. Then it will follow the DCA method and greatly reduce their investment risk. So I think people who don't have much money should invest in Bitcoin instead of investing or trading in Altcoins then their money will be much safer. Since they are already very weak financially, they should not take high risk anyway
but if you buy altcoins during bearish season it's also safe, dude. Moreover, altcoins are the top 10 coins. So if you want to invest with limited funds, bitcoin and altcoins are also an option, as long as you choose top coins. We can buy bitcoin according to the nominal value of our money, we don't have to buy a lot and I really agree with the DCA method.
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The best time to buy bitcoin depends on the strategy that the investor is using to accumulate bitcoin more especially if the investor is using DCA strategy to accumulate bitcoin,the investor can buy during the dip, and also when the price is also high, since DCA method involves buying bitcoin regularly either weekly or monthly. But if the investor is using lump strategy, the best time to buy is during the dip. Although I won't advise anyone to wait for bitcoin to dip beforehe begins to make an investment.
That's right, everyone has their own strategy for investing and sometimes other people can't follow it, and when the time is right, we can't see from other people that our readiness with money is also a major factor in investing.
The strategy implemented by each person may be the same, and it is possible that it will be completely different, but that is what happens and is a normal thing, because everything is done by looking at the individual's readiness in terms of ability to be able to carry out the action that will be taken. There are those who wait until the correction occurs and then carry out the execution and not least, as you said, the readiness of funds is also considered beforehand, whether at that time they will be able to carry out transactions.
So all investments are adjusted to individual situations that may occur when investing and may not be the same as each other.
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The strategy implemented by each person may be the same, and it is possible that it will be completely different, but that is what happens and is a normal thing, because everything is done by looking at the individual's readiness in terms of ability to be able to carry out the action that will be taken. There are those who wait until the correction occurs and then carry out the execution and not least, as you said, the readiness of funds is also considered beforehand, whether at that time they will be able to carry out transactions.
So all investments are adjusted to individual situations that may occur when investing and may not be the same as each other.
Everyone has their own strategy in investing, you are right. it doesn't have to be the same. because they are based on their respective experiences and beliefs in carrying out the execution. There are those who always buy when there is a correction and sell when they have made a profit. There are those who will only hold long-term, and there are those who do daily trading.
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Everyone has their own strategy in investing, you are right. it doesn't have to be the same. because they are based on their respective experiences and beliefs in carrying out the execution. There are those who always buy when there is a correction and sell when they have made a profit. There are those who will only hold long-term, and there are those who do daily trading.
Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
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Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
FOMO and greed are human traits that are very detrimental to new traders and experienced traders... I think, if you all get rid of these two traits, you will experience success in realizing your trading plans...
Someone who has the insight that BTC will touch $100k, he should think that the current price is cheap and he has the potential to get a 50% profit in the next few weeks. I think that's enough to answer whether Bitcoin is cheap right now or expensive... it all depends on predictions, and predictions depend on strategies in analyzing prices... you can use fundamental analysis or technical analysis according to your favorite.
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Everyone has their own strategy in investing, you are right. it doesn't have to be the same. because they are based on their respective experiences and beliefs in carrying out the execution. There are those who always buy when there is a correction and sell when they have made a profit. There are those who will only hold long-term, and there are those who do daily trading.
Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
Everyone should have some strategy. Those who have no strategy do not know what they should do. There are many investors who have lost their money due to lack of a well defined strategy. Those who have no strategy have fear and panic. They tend to take any decision by emotion. Another name for making a decision without a strategy is making a decision without doing any research by which investors loss is certain.
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Everyone has their own strategy in investing, you are right. it doesn't have to be the same. because they are based on their respective experiences and beliefs in carrying out the execution. There are those who always buy when there is a correction and sell when they have made a profit. There are those who will only hold long-term, and there are those who do daily trading.
Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
Everyone should have some strategy. Those who have no strategy do not know what they should do. There are many investors who have lost their money due to lack of a well defined strategy. Those who have no strategy have fear and panic. They tend to take any decision by emotion. Another name for making a decision without a strategy is making a decision without doing any research by which investors loss is certain.
It's true that when you want to get into Cryptocurrency you have to have a mature strategy, but sometimes price movements in the market don't produce results according to plan. Sometimes we are still influenced by several coins that have very fast price movements even though the risk is quite high. We can immediately buy Bitcoin and hold it long enough to get maximum results without having to do deeper research. We believe Bitcoin will always experience an increase in price due to the influence of increasing demand.
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It's true that when you want to get into Cryptocurrency you have to have a mature strategy, but sometimes price movements in the market don't produce results according to plan. Sometimes we are still influenced by several coins that have very fast price movements even though the risk is quite high. We can immediately buy Bitcoin and hold it long enough to get maximum results without having to do deeper research. We believe Bitcoin will always experience an increase in price due to the influence of increasing demand.
On-chain data, derivatives data, and TA are tools to predict the price because all of these add to the demand and supply picture but putting it together is an art, not a quantifiable science. There's always going to be variables.
So don't focus on the price but focus on the technology
Too many people are freaking out, if we believe Bitcoin is valuable and financial freedom is possible with Bitcoin, we need to chill out and trust it will go up.
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It's true that when you want to get into Cryptocurrency you have to have a mature strategy, but sometimes price movements in the market don't produce results according to plan. Sometimes we are still influenced by several coins that have very fast price movements even though the risk is quite high. We can immediately buy Bitcoin and hold it long enough to get maximum results without having to do deeper research. We believe Bitcoin will always experience an increase in price due to the influence of increasing demand.
Investing in bitcoin also need some analysis like as the deeper analysis also need in case of bitcoin when a trader was going to invest in bitcoin for large amount and for the short-term investment but in the long-term investment they need also analysis to get the starting point of their investment. Personaly what I think the analysis was just simple in case of long term investment like made a DCA strategy and continue the investment what ever the prices of bitcoin going on and made this investment with the lazy funds.
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Investing in bitcoin also need some analysis like as the deeper analysis also need in case of bitcoin when a trader was going to invest in bitcoin for large amount and for the short-term investment but in the long-term investment they need also analysis to get the starting point of their investment. Personaly what I think the analysis was just simple in case of long term investment like made a DCA strategy and continue the investment what ever the prices of bitcoin going on and made this investment with the lazy funds.
Of course, there is no way that we invest in Bitcoin with no analysis. We must know the best time for entry and for exit, at least. If people have limited funds, they may choose to buy with DCA strategy. This means to do many analysis about the entry time because DCA strategy will enable us to buy gradually.
Regarding the amount of money to invest in Bitcoin, it depends on the financial strength of someone. We don't force to invest in too large amount of money. It is better to invest with the amount of money that we afford to lose. So, we don't have a problem to hold the Bitcoin for a long time.
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Everyone should have some strategy. Those who have no strategy do not know what they should do. There are many investors who have lost their money due to lack of a well defined strategy. Those who have no strategy have fear and panic. They tend to take any decision by emotion. Another name for making a decision without a strategy is making a decision without doing any research by which investors loss is certain.
It's true that when you want to get into Cryptocurrency you have to have a mature strategy, but sometimes price movements in the market don't produce results according to plan. Sometimes we are still influenced by several coins that have very fast price movements even though the risk is quite high. We can immediately buy Bitcoin and hold it long enough to get maximum results without having to do deeper research. We believe Bitcoin will always experience an increase in price due to the influence of increasing demand.
It is mandatory that when you enter to participate in crypto, you must be prepared for something that might happen, so what you say is true, that you also have to have a strategy in everything you do with crypto.
So that the results we get will be the maximum of what we want, because no one wants to fail in investing.
Bitcoin is the best cryptocurrency and is very promising as an investment, especially for long-term investments. But now is the right time to get the results because 2025 is the year when ATH is predicted to occur.
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Everyone has their own strategy in investing, you are right. it doesn't have to be the same. because they are based on their respective experiences and beliefs in carrying out the execution. There are those who always buy when there is a correction and sell when they have made a profit. There are those who will only hold long-term, and there are those who do daily trading.
Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
You are correct. Many people don't have any strategy for investing in crypto. They invested out of FOMO or when a coin is trending or at its peak as you said. That's why the majority are been caught on the loss side because they invest ignorantly without studying the market movement
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Ok so there are ~8 billion people on earth. On average, that's 262500 satoshi's per person.
I feel like there's plenty of BTC to do business with. The mindset that "bitcoin is too expensive" right now just doesn't make sense if you look at how many satoshi's there are actually available for everyone. Furthermore, it doesn't make sense because of how early bitcoin is in it's life.
People need to stop looking at the price of bitcoin, and start looking at what bitcoin is.
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Everyone has their own strategy in investing, you are right. it doesn't have to be the same. because they are based on their respective experiences and beliefs in carrying out the execution. There are those who always buy when there is a correction and sell when they have made a profit. There are those who will only hold long-term, and there are those who do daily trading.
Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
You are correct. Many people don't have any strategy for investing in crypto. They invested out of FOMO or when a coin is trending or at its peak as you said. That's why the majority are been caught on the loss side because they invest ignorantly without studying the market movement
Before investing, you should do research, understand market movements. Don't let us get trapped because of FOMO and buy even though the price is too high. We will be trapped at that price and experience losses. It's better to buy safe coins during the bearish season if you want to start investing in crypto, hold on and wait until the bullish season comes.
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You are correct. Many people don't have any strategy for investing in crypto. They invested out of FOMO or when a coin is trending or at its peak as you said. That's why the majority are been caught on the loss side because they invest ignorantly without studying the market movement
Before investing, you should do research, understand market movements. Don't let us get trapped because of FOMO and buy even though the price is too high. We will be trapped at that price and experience losses. It's better to buy safe coins during the bearish season if you want to start investing in crypto, hold on and wait until the bullish season comes.
FOMO is one of the mistakes of investors, especially new investors. They don't want to be left behind so they forget what they have to do before investing.
But they can learn from their mistakes if it causes them to feel a loss or they have to hold on longer. Because if you remember when you first started getting to know crypto, I could also be said to be someone who had FOMO, but we can avoid that as time goes by.
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You are correct. Many people don't have any strategy for investing in crypto. They invested out of FOMO or when a coin is trending or at its peak as you said. That's why the majority are been caught on the loss side because they invest ignorantly without studying the market movement
Before investing, you should do research, understand market movements. Don't let us get trapped because of FOMO and buy even though the price is too high. We will be trapped at that price and experience losses. It's better to buy safe coins during the bearish season if you want to start investing in crypto, hold on and wait until the bullish season comes.
FOMO is one of the mistakes of investors, especially new investors. They don't want to be left behind so they forget what they have to do before investing.
But they can learn from their mistakes if it causes them to feel a loss or they have to hold on longer. Because if you remember when you first started getting to know crypto, I could also be said to be someone who had FOMO, but we can avoid that as time goes by.
Without being told. Most of us have someway experienced FOMO in the past as newbies to crypto. But as time goes by, we begin to know that FOMO is one of the mistakes an investor can make, as you have stated. However, I think once an investor can be able to let go of it, he's going to be a successful investor in crypto space.
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FOMO is one of the mistakes of investors, especially new investors. They don't want to be left behind so they forget what they have to do before investing.
FOMO is not exactly a mistake done by good investors it's a mistake done by weak hands or those who get excited a lot. Even new investors who took good courses and have been trained by good mentors won't be misguided by the FOMO, only those who are weak hands get affected by it and they end up buying Bitcoin or any other asset at highest values.
Those people can be secured if they invest in Bitcoin because it's safe and long term holding of it is going to help them to regain their capital with profits but those who don't know that or are weak hands may sell shortly after they see dips in the value of Bitcoin and other assets where they have invested their money.
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You are correct. Many people don't have any strategy for investing in crypto. They invested out of FOMO or when a coin is trending or at its peak as you said. That's why the majority are been caught on the loss side because they invest ignorantly without studying the market movement
Before investing, you should do research, understand market movements. Don't let us get trapped because of FOMO and buy even though the price is too high. We will be trapped at that price and experience losses. It's better to buy safe coins during the bearish season if you want to start investing in crypto, hold on and wait until the bullish season comes.
FOMO is one of the mistakes of investors, especially new investors. They don't want to be left behind so they forget what they have to do before investing.
But they can learn from their mistakes if it causes them to feel a loss or they have to hold on longer. Because if you remember when you first started getting to know crypto, I could also be said to be someone who had FOMO, but we can avoid that as time goes by.
Without being told. Most of us have someway experienced FOMO in the past as newbies to crypto. But as time goes by, we begin to know that FOMO is one of the mistakes an investor can make, as you have stated. However, I think once an investor can be able to let go of it, he's going to be a successful investor in crypto space.
I must admit that at some point once or twice I did or experienced FOMO(though those days i don not even know what FOMO means just realized when i constantly read about this term) but yeah maturity thought us not to have this now because that will only lead to mistakes and wrong perception of the market.
we must realize that the more we are cool and observant is the more we are safer in each of our dealings here.
and also try to learn the graph reading because there are many experts here but we should not only rely on what they are saying instead learn from our own to keep safe our precious investments.
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FOMO is one of the mistakes of investors, especially new investors. They don't want to be left behind so they forget what they have to do before investing.
But they can learn from their mistakes if it causes them to feel a loss or they have to hold on longer. Because if you remember when you first started getting to know crypto, I could also be said to be someone who had FOMO, but we can avoid that as time goes by.
Without being told. Most of us have someway experienced FOMO in the past as newbies to crypto. But as time goes by, we begin to know that FOMO is one of the mistakes an investor can make, as you have stated. However, I think once an investor can be able to let go of it, he's going to be a successful investor in crypto space.
Of course, when someone can avoid FOMO, they will be able to become better investors, because they base their investments by analyzing, not by just following along because they don't want to miss out when there is a coin that is hype, for example.
Slowly, those who want to learn, I'm sure they will be able to avoid FOMO, but if they don't want to learn from their mistakes then they will always do the same thing.
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Investing in bitcoin also need some analysis like as the deeper analysis also need in case of bitcoin when a trader was going to invest in bitcoin for large amount and for the short-term investment but in the long-term investment they need also analysis to get the starting point of their investment. Personaly what I think the analysis was just simple in case of long term investment like made a DCA strategy and continue the investment what ever the prices of bitcoin going on and made this investment with the lazy funds.
Of course, there is no way that we invest in Bitcoin with no analysis. We must know the best time for entry and for exit, at least. If people have limited funds, they may choose to buy with DCA strategy. This means to do many analysis about the entry time because DCA strategy will enable us to buy gradually.
Regarding the amount of money to invest in Bitcoin, it depends on the financial strength of someone. We don't force to invest in too large amount of money. It is better to invest with the amount of money that we afford to lose. So, we don't have a problem to hold the Bitcoin for a long time.
People with limited fundz can't continue investing on Bitcoin because the source of their income is not bringing profits for them always, so fir such person, the easiest way they could invest in Bitcoin is by buying with lump sum, at least this is a strategy that allows them to buy ones whenever they have a lot of money. However, I am not encouraging that people should should not DCA in bitcoin. Actually, DCA method gives us the opportunity to buy and accumulate Bitcoin gradually.
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Most people don't have any strategy though. And that's why a lot of people tend to lose money on investing/trading, because they act on current emotions.
And that's also how people, who follow good strategies, make their profits, i.e. by unloading on those who FOMO'ed in when the market was red-hot and at it's peak.
FOMO and greed are human traits that are very detrimental to new traders and experienced traders... I think, if you all get rid of these two traits, you will experience success in realizing your trading plans...
Someone who has the insight that BTC will touch $100k, he should think that the current price is cheap and he has the potential to get a 50% profit in the next few weeks. I think that's enough to answer whether Bitcoin is cheap right now or expensive... it all depends on predictions, and predictions depend on strategies in analyzing prices... you can use fundamental analysis or technical analysis according to your favorite.
Well in part most people get carried away by their emotions, that's why the whales always win, because they set their traps where many fall, and emotions are their specialty, so in part we are people who will always see the market from a very superficial point of view, because at least I'm not a whale, so to enter the market I must do a great analysis so as not to lose my money, or at least give it away, I always look to get something out of the market, although the easiest and safest way will always be to Hodl as safe as bitcoin is, but it is a fact that emcoins make the market move.
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People with limited fundz can't continue investing on Bitcoin because the source of their income is not bringing profits for them always, so fir such person, the easiest way they could invest in Bitcoin is by buying with lump sum, at least this is a strategy that allows them to buy ones whenever they have a lot of money. However, I am not encouraging that people should should not DCA in bitcoin. Actually, DCA method gives us the opportunity to buy and accumulate Bitcoin gradually.
Yes Lump sum strategy can be also a good way to investment but in case of risk management I will say that the DCA method is the best method for all not it only because it is increase the accumulation amount. Anyway if one person don't have money and don't have knowledge and skill they should do the investment. Investment when your earning source have that support and otherwise don't don't go with the investment.
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People with limited fundz can't continue investing on Bitcoin because the source of their income is not bringing profits for them always, so fir such person, the easiest way they could invest in Bitcoin is by buying with lump sum, at least this is a strategy that allows them to buy ones whenever they have a lot of money. However, I am not encouraging that people should should not DCA in bitcoin. Actually, DCA method gives us the opportunity to buy and accumulate Bitcoin gradually.
Yes Lump sum strategy can be also a good way to investment but in case of risk management I will say that the DCA method is the best method for all not it only because it is increase the accumulation amount. Anyway if one person don't have money and don't have knowledge and skill they should do the investment. Investment when your earning source have that support and otherwise don't don't go with the investment.
DCA method gives us the opportunity to always invest in Bitcoin if we are having a steady flow of profit from our source of income. With DCA method we can buy Bitcoin even when Bitcoin price is depreciating. DCA method is kind of method that gives the opportunity to buy Bitcoin with a specific amount daily, weekly or monthly and with time if we are been paid with a higher amounts from our jobs or business we can also increase the amount we DCA with. And this is also the reason why it's better for one to DCA in Bitcoin than to go into Bitcoin investment with lump sum.
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People with limited fundz can't continue investing on Bitcoin because the source of their income is not bringing profits for them always, so fir such person, the easiest way they could invest in Bitcoin is by buying with lump sum, at least this is a strategy that allows them to buy ones whenever they have a lot of money. However, I am not encouraging that people should should not DCA in bitcoin. Actually, DCA method gives us the opportunity to buy and accumulate Bitcoin gradually.
Yes Lump sum strategy can be also a good way to investment but in case of risk management I will say that the DCA method is the best method for all not it only because it is increase the accumulation amount. Anyway if one person don't have money and don't have knowledge and skill they should do the investment. Investment when your earning source have that support and otherwise don't don't go with the investment.
Investing is very easy but earning money by employing piny is very difficult. If you can't video in right coins then you will never be able to see profit instead of profit you will have high risk of losing money. So before investing have good experience about investment. We have to acquire and discuss what coins to invest and then decide to invest. If we invest with a hasty decision, we will put our money at risk.
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DCA method gives us the opportunity to always invest in Bitcoin if we are having a steady flow of profit from our source of income. With DCA method we can buy Bitcoin even when Bitcoin price is depreciating. DCA method is kind of method that gives the opportunity to buy Bitcoin with a specific amount daily, weekly or monthly and with time if we are been paid with a higher amounts from our jobs or business we can also increase the amount we DCA with. And this is also the reason why it's better for one to DCA in Bitcoin than to go into Bitcoin investment with lump sum.
I have read many good things on the use of DCA most especially with how they invest with Bitcoin (and good alts, of course) and it is working for them especially with the fact that Bitcoin will surely rise in price and value in the years coming. For me, this is like making a savings account and making sure that you are depositing into the account on a regular basis...but we know that with Bitcoin the profit potential can be exponential and one can even gain financial freedom with it unlike trusting the usual financial institutions who will only give crumbs as ROI and you have to wait for decades to increase your wealth. So for people who have the money on a regular basis, DCA way can be the most recommended strategy.
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DCA method gives us the opportunity to always invest in Bitcoin if we are having a steady flow of profit from our source of income. With DCA method we can buy Bitcoin even when Bitcoin price is depreciating. DCA method is kind of method that gives the opportunity to buy Bitcoin with a specific amount daily, weekly or monthly and with time if we are been paid with a higher amounts from our jobs or business we can also increase the amount we DCA with. And this is also the reason why it's better for one to DCA in Bitcoin than to go into Bitcoin investment with lump sum.
I have read many good things on the use of DCA most especially with how they invest with Bitcoin (and good alts, of course) and it is working for them especially with the fact that Bitcoin will surely rise in price and value in the years coming. For me, this is like making a savings account and making sure that you are depositing into the account on a regular basis...but we know that with Bitcoin the profit potential can be exponential and one can even gain financial freedom with it unlike trusting the usual financial institutions who will only give crumbs as ROI and you have to wait for decades to increase your wealth. So for people who have the money on a regular basis, DCA way can be the most recommended strategy.
Yeah. It's like a saving account but the difference is that we DCA with crypto currencies while the other one is dealing with Fiat. However it's good to know about DCA method because it's a kind of easy way to achieve a good sum of Bitcoin. I prefer one to do DCA with Bitcoin instead of altcoins because some altcoins are not trusted like Bitcoin, why because some of them are new to the market and if any investor who haven't known about those new altcoins fails to make their own research before they invest in them, they might end up losing all their money. The best coin to use the DCAing strategy on is nothing but Bitcoin but you might choose to try it on Etherum because Etherum coin is also a little bit trusted. DCAing strategy is the best for a crypto newbie to use an invest in Bitcoin.
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Investing is very easy but earning money by employing piny is very difficult. If you can't video in right coins then you will never be able to see profit instead of profit you will have high risk of losing money. So before investing have good experience about investment. We have to acquire and discuss what coins to invest and then decide to invest. If we invest with a hasty decision, we will put our money at risk.
Maybe you are right but I really didn't get it what do you mean by the video in right coin maybe it's a typing mistake most likely it can be the invest. So yes if you are not select the right coin by your own analysis then maybe you can not make a piny of profit on the others hand there will be high chances for lossing the whole fund of your at once. Such as the people who invest on Luna on that incidence most of them face huge loss. So they get traps on their greed.
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DCA method gives us the opportunity to always invest in Bitcoin if we are having a steady flow of profit from our source of income. With DCA method we can buy Bitcoin even when Bitcoin price is depreciating. DCA method is kind of method that gives the opportunity to buy Bitcoin with a specific amount daily, weekly or monthly and with time if we are been paid with a higher amounts from our jobs or business we can also increase the amount we DCA with. And this is also the reason why it's better for one to DCA in Bitcoin than to go into Bitcoin investment with lump sum.
I have read many good things on the use of DCA most especially with how they invest with Bitcoin (and good alts, of course) and it is working for them especially with the fact that Bitcoin will surely rise in price and value in the years coming. For me, this is like making a savings account and making sure that you are depositing into the account on a regular basis...but we know that with Bitcoin the profit potential can be exponential and one can even gain financial freedom with it unlike trusting the usual financial institutions who will only give crumbs as ROI and you have to wait for decades to increase your wealth. So for people who have the money on a regular basis, DCA way can be the most recommended strategy.
Until now, we cannot deny that the DCA scheme for purchasing Bitcoin is very effective and there is a lot of evidence. It must be remembered that this scheme is continuous and there is a time limit that must be achieved, and usually it is 4 years, which always coincides with the halving period, so there is a certain time limit. This can be confirmed by the DCA scheme in bitcoin investment.
Agree, that the DCA scheme is no different from what we do when saving in a bank, which is quite different from a bank without a time limit, but bitcoin investment will always occur at the end of the halving period and the price will increase, and we will release the investment at a profit.
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Investing is very easy but earning money by employing piny is very difficult. If you can't video in right coins then you will never be able to see profit instead of profit you will have high risk of losing money. So before investing have good experience about investment. We have to acquire and discuss what coins to invest and then decide to invest. If we invest with a hasty decision, we will put our money at risk.
It's true, anything that starts hastily will not result in anything good. Be it in investment or in other things. Because to make an action and decision requires long consideration. especially in investment. And we are talking here about crypto investment which is a high risk asset. So a fairly long analysis is needed before making a decision. And even the funds used must also be special funds prepared that are ready for the risks that will be faced. But in bitcoin, DCA is actually still the best strategy for the long term and for those who are sure of a good future in 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?.
Most common advise on crypto investment is that... Investors are required to make research on the crypto industry basically on the fundamental possessions of the coins are they varies and then make a decision based on their potentials.
After the assignment they you will always find it best that Bitcoin is the safest crypto currency to invest on and have your fund security due to its secured blockchain and also the fee act that its volatilities is not so high as the Altcoins.
There is excessive risk on Investing in the AltCoins such as its project hyping and surrounded with shitcoins which are liable to be dumped in no time while Bitcoin can be manipulated like that.
Hence you can always invest in Bitcoin with what you can afford to invest.
You just have to hodl while the market price goes up in its due time.
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BTW... we see that the price of Bitcoin has decreased by more than 10%... it is a better time to buy more at this discounted price... people with FOMO will probably sell more BTC at a higher price low, but realizing that Bitcoin's parabolic pattern and price bounce will have better potential.
At least it's cheaper now than it was last week, which is another reason to buy Bitcoin if you haven't decided yet.
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BTW... we see that the price of Bitcoin has decreased by more than 10%... it is a better time to buy more at this discounted price... people with FOMO will probably sell more BTC at a higher price low, but realizing that Bitcoin's parabolic pattern and price bounce will have better potential.
At least it's cheaper now than it was last week, which is another reason to buy Bitcoin if you haven't decided yet.
It seems that many people took advantage of yesterday's moment to immediately enter with very large amounts of money because now we can see the price of Bitcoin increasing again. Hopefully the price of Bitcoin will rise again and the altcoin season will start soon.
We have seen Bitcoin price movements for too long which tend to have stable price movements in the $60k-$70k range. For people who use a lot of capital, these price movements are enough to make a profit. But for those of us who use very limited capital, it makes it difficult for us to make a profit.
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Most common advise on crypto investment is that... Investors are required to make research on the crypto industry basically on the fundamental possessions of the coins are they varies and then...
Yeah, I am also advising people the same thing, whenever you enter the crypto world, you need to learn some basics of it. A lot of people share their experiences and suggestions, but I totally disagree with it. People's mindsets vary, and it doesn't mean that one person's suggestions will also be suitable for you. Maybe by adopting such suggestions, you may face losses. So, protect yourself from that and always invest based on your own capabilities and understanding. But first, you need to clear your mind about where you want to invest, either in Bitcoin or altcoins. Then, do some research, study market trends, and then come, and I am sure you will have clear decisions about investing in altcoins or Bitcoin.
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Most common advise on crypto investment is that... Investors are required to make research on the crypto industry basically on the fundamental possessions of the coins are they varies and then...
Yeah, I am also advising people the same thing, whenever you enter the crypto world, you need to learn some basics of it. A lot of people share their experiences and suggestions, but I totally disagree with it. People's mindsets vary, and it doesn't mean that one person's suggestions will also be suitable for you. Maybe by adopting such suggestions, you may face losses. So, protect yourself from that and always invest based on your own capabilities and understanding. But first, you need to clear your mind about where you want to invest, either in Bitcoin or altcoins. Then, do some research, study market trends, and then come, and I am sure you will have clear decisions about investing in altcoins or Bitcoin.
The best way to strive in cryptocurrency is by doing your own research. Most persons have been misled to making wrong investment decisions and that was possible by esteeming someone else over your own knowledge. Don't get me wrong, it's good to have someone teaching you as a newbie into the network but not all advice are to be put into consideration for practice, and most newbies make the mistake of picking advice from random online influencer who claims to be a crypto expert. Learning by making your own research is important because it will make you independent and self motivated. After making your research you'll can come to a conclusion if the coin is actually worth investing on. This is why I love to use Bitcoin as a case study because it's a reputable coin and you can tell by just reading the whitepaper and studying the price chart and can be your to compare any other coin that you which to invest in, but I prefer keeping it simple by focusing on bitcoin alone.
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Most common advise on crypto investment is that... Investors are required to make research on the crypto industry basically on the fundamental possessions of the coins are they varies and then make a decision based on their potentials.
After the assignment they you will always find it best that Bitcoin is the safest crypto currency to invest on and have your fund security due to its secured blockchain and also the fee act that its volatilities is not so high as the Altcoins.
Is actually a good method for people to actually understand the reason why they need to invest on a certain coin because sometimes most people especially the new ones always feel that there are more better coins that would give them more better profit than Bitcoin, so if perhaps they are giving the assignment to research on the best coin that's reliable and has lesser risk they will realize that Bitcoin is indeed the best coin to invest.
However when we talk about volatility we know that Bitcoin is very volatile but the reason why the volatility should not be considered during the investment is the certainty that the price will keep appreciating wiith time but in terms of most altcoins after dropping to an extent moving up will become a problem which is why Bitcoin will always remain the best.
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It seems that many people took advantage of yesterday's moment to immediately enter with very large amounts of money because now we can see the price of Bitcoin increasing again. Hopefully the price of Bitcoin will rise again and the altcoin season will start soon.
We have seen Bitcoin price movements for too long which tend to have stable price movements in the $60k-$70k range. For people who use a lot of capital, these price movements are enough to make a profit. But for those of us who use very limited capital, it makes it difficult for us to make a profit.
The fact that the BTC price is back above $60k again is definitely a good signal. I think we should now keep an eye on what will happen in the market in the coming days/weeks. If the bulls can hold this level, BTC will probably consolidate for the next weeks/months in the range of $60k to $72k. In that case, the new ATH will probably be after this consolidation.
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The fact that the BTC price is back above $60k again is definitely a good signal. I think we should now keep an eye on what will happen in the market in the coming days/weeks. If the bulls can hold this level, BTC will probably consolidate for the next weeks/months in the range of $60k to $72k. In that case, the new ATH will probably be after this consolidation.
(https://i.ibb.co.com/yF7gTPX/Screenshot-2024-06-26-023914.png)
I think some people experienced a bit of panic when the price dropped below $60k for a while... this even became a trap for some people who were too afraid of the future of Bitcoin... we are all here waiting for the expectations of many people in their respective predictions to selling at a high price... this may be a little more stressful because Bitcoin's peak point is unpredictable.
As $BTC DOMINANCE experiences a slight increase, I still believe that Bitcoin will make a splash this year.
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The idea that we can't be "rich" with bitcoin comes from the idea that you want to be rich very quickly. Because we all know that if things go the way it has gone always, then in 30 years you are going to be rich if you keep investing into it. However, we are seeing things change a bit, and because of that a lot of people doubt what could happen. I would highly suggest keeping things as it is right now, because if you rush into things then you are not going to be happy. You can be rich with bitcoin, or at least we hope so, because if it goes like this for decades, then why wouldn't you become wealthy?
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The idea that we can't be "rich" with bitcoin comes from the idea that you want to be rich very quickly. Because we all know that if things go the way it has gone always, then in 30 years you are going to be rich if you keep investing into it. However, we are seeing things change a bit, and because of that a lot of people doubt what could happen. I would highly suggest keeping things as it is right now, because if you rush into things then you are not going to be happy. You can be rich with bitcoin, or at least we hope so, because if it goes like this for decades, then why wouldn't you become wealthy?
If we want to get rich with bitcoin, we should buy bitcoin when it was first launched and hold it until now. But we can still make a profit with bitcoin, if we buy during the bearish season and sell during the bullish season, following bitcoin's 4 year cycle.
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BTW... we see that the price of Bitcoin has decreased by more than 10%... it is a better time to buy more at this discounted price... people with FOMO will probably sell more BTC at a higher price low, but realizing that Bitcoin's parabolic pattern and price bounce will have better potential.
At least it's cheaper now than it was last week, which is another reason to buy Bitcoin if you haven't decided yet.
Dips like this are always welcomed, and they are good opportunity to accumulate more. Knowing that Bitcoin is a genuinely project, the dips are considered a second chance to buy more when the price is low. Using the DCA strategy, one could even accumulate more aggressively and make extra profits when the price starts appreciating in value. Bitcoin is still a growing technology and those who will miss Bitcoin for a decade to come would actually see how dumb they were for not accepting Bitcoin, though there are some persons that will not accept Bitcoin no matter what, but at some point they might feel guilty for holding unto that believe.
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The idea that we can't be "rich" with bitcoin comes from the idea that you want to be rich very quickly. Because we all know that if things go the way it has gone always, then in 30 years you are going to be rich if you keep investing into it. However, we are seeing things change a bit, and because of that a lot of people doubt what could happen. I would highly suggest keeping things as it is right now, because if you rush into things then you are not going to be happy. You can be rich with bitcoin, or at least we hope so, because if it goes like this for decades, then why wouldn't you become wealthy?
I don't think the idea comes from those who want to get rich quickly, the idea is correlated with the concept of Bitcoin as a Safe Haven.
I will try to look at it from the perspective of the present, we know, the current Bitcoin price is expensive.
When we can afford to buy Bitcoin and decide to keep it long-term, we make our wealth grow and not be eroded by inflation.
So when we buy Bitcoin we are 'already' rich, not 'will' be rich ;D
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The idea that we can't be "rich" with bitcoin comes from the idea that you want to be rich very quickly. Because we all know that if things go the way it has gone always, then in 30 years you are going to be rich if you keep investing into it. However, we are seeing things change a bit, and because of that a lot of people doubt what could happen. I would highly suggest keeping things as it is right now, because if you rush into things then you are not going to be happy. You can be rich with bitcoin, or at least we hope so, because if it goes like this for decades, then why wouldn't you become wealthy?
I don't think the idea comes from those who want to get rich quickly, the idea is correlated with the concept of Bitcoin as a Safe Haven.
I will try to look at it from the perspective of the present, we know, the current Bitcoin price is expensive.
When we can afford to buy Bitcoin and decide to keep it long-term, we make our wealth grow and not be eroded by inflation.
So when we buy Bitcoin we are 'already' rich, not 'will' be rich ;D
I agree with your statement "when we buy Bitcoin we are 'already' rich, not 'will' be rich. Because buying Bitcoin is a form of us having money for investment, not funds that will be used in the near future. Especially if we buy and can Hold it for a long time, that's proof that we are rich, even though it's not a large amount.
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People with limited fundz can't continue investing on Bitcoin because the source of their income is not bringing profits for them always, so fir such person, the easiest way they could invest in Bitcoin is by buying with lump sum, at least this is a strategy that allows them to buy ones whenever they have a lot of money.
You said people with limited funds, they can't invest. It is quite strange that you recommend them to buy with lump sum. They even have no enough money for their daily necessities. If they should buy with lump sum, it means they will spend all of their money. This is not the right way in crypto investment. We shouldn't use all the money, just use the safe money or an excessive money.
Anyway, people with limited funds will never have the time to own a lot of money. I think the strategy to buy with lump sum won't work effectively.
I am not encouraging that people should should not DCA in bitcoin. Actually, DCA method gives us the opportunity to buy and accumulate Bitcoin gradually.
No problem if you suggest people to use DCA strategy. People who agree with that way, they can use DCA. I think DCA is a good way, people can buy gradually. They don't need to force themselves to spend a lot of money because they will increase their assets gradually. For people with limited funds, I think DCA is quite suitable.
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The idea that we can't be "rich" with bitcoin comes from the idea that you want to be rich very quickly. Because we all know that if things go the way it has gone always, then in 30 years you are going to be rich if you keep investing into it. However, we are seeing things change a bit, and because of that a lot of people doubt what could happen. I would highly suggest keeping things as it is right now, because if you rush into things then you are not going to be happy. You can be rich with bitcoin, or at least we hope so, because if it goes like this for decades, then why wouldn't you become wealthy?
I don't think the idea comes from those who want to get rich quickly, the idea is correlated with the concept of Bitcoin as a Safe Haven.
I will try to look at it from the perspective of the present, we know, the current Bitcoin price is expensive.
When we can afford to buy Bitcoin and decide to keep it long-term, we make our wealth grow and not be eroded by inflation.
So when we buy Bitcoin we are 'already' rich, not 'will' be rich ;D
I agree with your statement "when we buy Bitcoin we are 'already' rich, not 'will' be rich. Because buying Bitcoin is a form of us having money for investment, not funds that will be used in the near future. Especially if we buy and can Hold it for a long time, that's proof that we are rich, even though it's not a large amount.
At least we have the funds to be able to buy even with fractional value, but what we buy is the best bitcoin and has a very high value, so it can be said that we have money but cannot be said to be rich. But if you enthusiastically continue to increase your bitcoin savings, it is not impossible that it when it reaches its final ATH, you can be said to be abundant and can only be said to be rich but not a millionaire.
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At least we have the funds to be able to buy even with fractional value, but what we buy is the best bitcoin and has a very high value, so it can be said that we have money but cannot be said to be rich. But if you enthusiastically continue to increase your bitcoin savings, it is not impossible that it when it reaches its final ATH, you can be said to be abundant and can only be said to be rich but not a millionaire.
Buying fractions is the most adopted strategy of accumulating Bitcoin especially when you are using the DCA strategy. Feeling comfortable while you make your Bitcoin accumulation is nice, though it might take you a while before you get to one Bitcoin due to your accumulation strength but that's fine, going slow and steady is important for DCAing so it doesn't obstruct other financial activities or spending through out the month. One can also add DCA with other strategy to make iT more fun and comfortable or when you feel like adding a bit of aggression to your accumulation.
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At least we have the funds to be able to buy even with fractional value, but what we buy is the best bitcoin and has a very high value, so it can be said that we have money but cannot be said to be rich. But if you enthusiastically continue to increase your bitcoin savings, it is not impossible that it when it reaches its final ATH, you can be said to be abundant and can only be said to be rich but not a millionaire.
Buying fractions is the most adopted strategy of accumulating Bitcoin especially when you are using the DCA strategy. Feeling comfortable while you make your Bitcoin accumulation is nice, though it might take you a while before you get to one Bitcoin due to your accumulation strength but that's fine, going slow and steady is important for DCAing so it doesn't obstruct other financial activities or spending through out the month. One can also add DCA with other strategy to make iT more fun and comfortable or when you feel like adding a bit of aggression to your accumulation.
One terrible mistake most people make is thinking that they first need to have the financial resources to afford 1BTC before they can be able to venture into bitcoin accumulation.
Different investors has different accumulation speed, just because you can't afford to buy a whole bitcoin all at once doesn't restrict anyone from joining the moving train at all, all it takes to build a solid bitcoin portfolio is just few things.
1. Having a good and sustainable stream or source of income.
2. Having a solid financial backup (emergency fund, reserve/float funds) just incase an emergency occurs in future, which is likely to happen, because without a financial backup, one would be forced to dip into his investment for financial support.
3. Consistency. One needs to be consistent with his accumulation using the DCA strategy, regardless of the current market situation.
Having all these in place for starters, one can accumulate a good chunk of Bitcoin overtime with ease.
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At least we have the funds to be able to buy even with fractional value, but what we buy is the best bitcoin and has a very high value, so it can be said that we have money but cannot be said to be rich. But if you enthusiastically continue to increase your bitcoin savings, it is not impossible that it when it reaches its final ATH, you can be said to be abundant and can only be said to be rich but not a millionaire.
Buying fractions is the most adopted strategy of accumulating Bitcoin especially when you are using the DCA strategy. Feeling comfortable while you make your Bitcoin accumulation is nice, though it might take you a while before you get to one Bitcoin due to your accumulation strength but that's fine, going slow and steady is important for DCAing so it doesn't obstruct other financial activities or spending through out the month. One can also add DCA with other strategy to make iT more fun and comfortable or when you feel like adding a bit of aggression to your accumulation.
DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
And yes, there is no need to rush in accumulating bitcoins. Because if we plan for the long term then we have to realize that we have a lot of time to accumulate it slowly. And only use money that you are only prepared to lose. because bitcoin is still a high-risk asset. So we have to be prepared for the risks we take. And only start accumulation if we are sure of the potential of bitcoin.
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there is no need to rush in accumulating bitcoins. Because if we plan for the long term then we have to realize that we have a lot of time to accumulate it slowly. And only use money that you are only prepared to lose.
Of course there is no need for people who are holding for a long term to start rushing into investing aggressively on Bitcoin because considering the intention of holding for a long term the person could get into a serious trouble on the process, perhaps this is one of the reasons why they say that it doesn't matter the amount of accumulation but what is more important is being consistent and there is no way someone will be consistent if they are aggressively investing on Bitcoin.
Well I noticed that one of the reasons why most people especially the new ones invest aggressively in Bitcoin is because after missing so many years in Bitcoin investment they feel that the only way for them to try if they could meet up is by putting so much money, though in a case of the rich is understandable but for those that doesn't have any source of income is not encouraged but instead focusing on accumulating little by little.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
And yes, there is no need to rush in accumulating bitcoins. Because if we plan for the long term then we have to realize that we have a lot of time to accumulate it slowly. And only use money that you are only prepared to lose. because bitcoin is still a high-risk asset. So we have to be prepared for the risks we take. And only start accumulation if we are sure of the potential of bitcoin.
Although Bitcoin is a high risk asset, very few people who invest in it for the long term lose because it recovers very quickly even if its price crashes. There is no record of Bitcoin price not recovering after a crash, but Bitcoin price after a crash has gained more than the previous ATH.Those who don't invest in Bitcoin after seeing it dip are really unlucky. Opportunities to make large profits from Bitcoin or other cryptocurrencies are not always available. Avoiding his bitcoins after seeing them dip is a huge folly. Everyone has to accept that the price of Bitcoin in the current market is too expensive for everyone. However, its price will be more expensive in the future, so the current price is very expensive for us, but according to the popularity and demand of Bitcoin, its price is very low. He should now invest according to his ability in Bitcoin DCA method
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
Yes, DCA is suitable for people who have low or limited income. People can buy gradually Bitcoin with DCA, it doesn't need too big amount of money. But people are free to do it for a short time or a long term. If people want to get large profits, it should be done few years. But I don't think it is a must 4-10 years. We can do DCA and hold the Bitcoin for 2-3 years. If the price has met the target, there is no problem to sell the Bitcoin although it doesn't hold for a long time.
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all it takes to build a solid bitcoin portfolio is just few things.
1. Having a good and sustainable stream or source of income.
2. Having a solid financial backup (emergency fund, reserve/float funds) just incase an emergency occurs in future, which is likely to happen, because without a financial backup, one would be forced to dip into his investment for financial support.
3. Consistency. One needs to be consistent with his accumulation using the DCA strategy, regardless of the current market situation.
Having all these in place for starters, one can accumulate a good chunk of Bitcoin overtime with ease.
Setting up a good Bitcoin portfolio shouldn't be as difficult as most investors put it to be. Most investors come up with the perspective that they rather make investment in altcoin than buy Bitcoins and it'll increase to their desired profit set point someday. But unknown to them that they can actually use that same amount to invest in Bitcoin which is less riskier and more reputable than other altcoins. Though impatience is the basic logic behind trading but assuming those early holders of Bitcoin sold all their Bitcoin in trades, we wouldn't have had more whales today. I see trading as an obstacle that denies many investors the privilege to hold and and become like the early investors. In few years from now, maybe a decade + we would also look backwards and smile for holding on to accumulating Bitcoin.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
The best time for one to accumulate bitcoin and stand a big chance to be at profits is buying bitcoin during the bearish market and selling in the bull run.
Hodling bitcoin for up to 4-10 years or more is a good idea but you should be intelligent about it since the bearish and bull run would occur between those years you are successfully hodling your bitcoin for profits.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
The best time for one to accumulate bitcoin and stand a big chance to be at profits is buying bitcoin during the bearish market and selling in the bull run.
Hodling bitcoin for up to 4-10 years or more is a good idea but you should be intelligent about it since the bearish and bull run would occur between those years you are successfully hodling your bitcoin for profits.
Saving for 4-10 years must use money that is free and not needed in the near future, we must buy during the bearish season, because bitcoin experiences a 4 year cycle which is divided into 2 bearish years and 2 bullish years. Buy during bearish season and hold until bullish. We can hold up to 2 bullish times, meaning 8 years. This requires truly free capital, because it will be difficult to hold coins for that long.
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The best time for one to accumulate bitcoin and stand a big chance to be at profits is buying bitcoin during the bearish market and selling in the bull run.
Hodling bitcoin for up to 4-10 years or more is a good idea but you should be intelligent about it since the bearish and bull run would occur between those years you are successfully hodling your bitcoin for profits.
It's easy to speculate like that, looking at the BTC chart. However, I think there are only a few people in the whole crypto industry who have enough patience to hold BTCs for such a long time. I know that there are many addresses where BTCs have been held for many years without any activity. However, these are usually irretrievably lost BTCs, i.e. whose owners have lost access to their private keys.
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Bitcoin is known to almost all people in every region. Again we all know how profitable it is on the other hand. So it is cost effective and cost saving for absolutely everyone. There are many who invested and held or are currently holding on to Bitcoin for good. Again, there are many who fear the risks of Bitcoin.
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Bitcoin is known to almost all people in every region. Again we all know how profitable it is on the other hand. So it is cost effective and cost saving for absolutely everyone. There are many who invested and held or are currently holding on to Bitcoin for good. Again, there are many who fear the risks of Bitcoin.
Not all people know about Bitcoin. I think out of 100, maybe 40% really understand its value. Those who are somehow related to cryptocurrency or online work are the ones who know about it. In my region, only students or businessmen are likely to know about it, and they are very few. Whenever I talk to older people or younger ones who still don't know about Bitcoin, they laugh at me and question how a single invisible coin can have such a high price.
That's why I always recommend teaching those around you who are unaware or skeptical about Bitcoin. This will be helpful in the adoption and acceptance of Bitcoin as a currency worldwide.
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Bitcoin is known to almost all people in every region. Again we all know how profitable it is on the other hand. So it is cost effective and cost saving for absolutely everyone. There are many who invested and held or are currently holding on to Bitcoin for good. Again, there are many who fear the risks of Bitcoin.
With the passage of time more people are getting familiar with Bitcoin investment and they are not only familiar but are also accepting Bitcoin for the purpose of investment. The main benefit with Bitcoin investment is that every Individual can invest according to his salary so there are no boundaries for making investments and you can invest any amount from anywhere throughout the world.
The price of Bitcoin has been reduced which can be considered as a good idea to buy at current lower worth and wait for the future where price will fluctuate to show the pump. Only those will be in fear who have no idea how Bitcoin changes in price and how to get profit by keeping the price in mind as well as by remembering the concept of bear and bull season.
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Bitcoin is known to almost all people in every region. Again we all know how profitable it is on the other hand. So it is cost effective and cost saving for absolutely everyone. There are many who invested and held or are currently holding on to Bitcoin for good. Again, there are many who fear the risks of Bitcoin.
There is no need to be afraid of bitcoin risks, as long as we buy during the bearish season and can calculate this is the bottom price of bitcoin during the bearish season, we will make a profit during the bullish season. that's what we've been doing all this time. Buy bitcoin and hold, it will make us profit.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
I heard many good things on the use of DCA on investing with Bitcoin or cryptocurrency for that matter. One thing for sure is that with DCA a person is consistently getting into Bitcoin no matter if the price movement can be up or down though of course one can gain more during the time when there is a big dip just like what we are experiencing right now (BTC: $56,303.87 as of 06/07/2024) and doing it for some years maybe 5 years on the minimum but 10 years can be a lot better as suggested. Of course, this is premised on the assumption that years from now Bitcoin will be priced highly and that it will not be toppled as a good asset as already recognized even by the mainstream financial sector. DCA can be compared to funding your own pension plan into the future most especially the time when one would already be retiring. The elements here are consistency, time, patience and of course the money used to buy Bitcoin.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
I heard many good things on the use of DCA on investing with Bitcoin or cryptocurrency for that matter. One thing for sure is that with DCA a person is consistently getting into Bitcoin no matter if the price movement can be up or down though of course one can gain more during the time when there is a big dip just like what we are experiencing right now (BTC: $56,303.87 as of 06/07/2024) and doing it for some years maybe 5 years on the minimum but 10 years can be a lot better as suggested. Of course, this is premised on the assumption that years from now Bitcoin will be priced highly and that it will not be toppled as a good asset as already recognized even by the mainstream financial sector. DCA can be compared to funding your own pension plan into the future most especially the time when one would already be retiring. The elements here are consistency, time, patience and of course the money used to buy Bitcoin.
That's right, therefore before deciding to use the DCA method to buy Bitcoin, they must arrange their finances first. Make sure that the money you want to use to buy Bitcoin really won't be used to buy other needs. The money left over is money specifically for buy Bitcoin using the DCA method, so that in this way when the price of Bitcoin falls we will remain calm and will not feel depressed because we see the price of Bitcoin falling very sharply one day.
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At least we have the funds to be able to buy even with fractional value, but what we buy is the best bitcoin and has a very high value, so it can be said that we have money but cannot be said to be rich. But if you enthusiastically continue to increase your bitcoin savings, it is not impossible that it when it reaches its final ATH, you can be said to be abundant and can only be said to be rich but not a millionaire.
Buying fractions is the most adopted strategy of accumulating Bitcoin especially when you are using the DCA strategy. Feeling comfortable while you make your Bitcoin accumulation is nice, though it might take you a while before you get to one Bitcoin due to your accumulation strength but that's fine, going slow and steady is important for DCAing so it doesn't obstruct other financial activities or spending through out the month. One can also add DCA with other strategy to make iT more fun and comfortable or when you feel like adding a bit of aggression to your accumulation.
The best way to get around the situation where the Bitcoin price is too high can be done, as you said, where the DCA scheme is very suitable to be used for the long term because of our limitations or ability to be able to buy in units. You still have to rely on funds that are unused or not used for daily needs so that you are not disturbed in achieving your goals without harming yourself.
We do need patience to be able to collect what we want well but always continuously, so that success can be achieved.
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The best way to get around the situation where the Bitcoin price is too high can be done, as you said, where the DCA scheme is very suitable to be used for the long term because of our limitations or ability to be able to buy in units. You still have to rely on funds that are unused or not used for daily needs so that you are not disturbed in achieving your goals without harming yourself.
We do need patience to be able to collect what we want well but always continuously, so that success can be achieved.
If you want to invest using the CDA method, it's best to do it during the bearish season, because prices are very low and we can start collecting coins that we consider to have potential, such as bitcoin, ethereum, etc. Because if we buy late, the bearish season has passed, the coin price will become expensive.
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If you want to invest using the CDA method, it's best to do it during the bearish season, because prices are very low and we can start collecting coins that we consider to have potential, such as bitcoin, ethereum, etc. Because if we buy late, the bearish season has passed, the coin price will become expensive.
Yes, DCA method works best when someone uses it in bearish season, however most investors are in fear during bearish season and that's why they avoid accumulating any coin during that season or wait for highest dips to accumulate some coins.
Bitcoin was at $17k and many people were still fearing that it isn't the right time to accumulate it, those people might still be regretting that why they didn't used DCA to accumulate some Bitcoin at $17k and $25k.
I have personally invested in Bitcoin and some good altcoins in last bear market and I'm thankful for that investment as I have made quite good profits because of it. I often follow DCA method with dip buying strategy and in bear market I accumulate some good amounts of reputable coins.
I do sell some of those for 10% or more profit and hold rest of it for 2-3 years as that's enough time to have 100% to 200% in most cases and if someone can control his/her emotions during that time then that's a lot of profit within a short period.
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If you want to invest using the CDA method, it's best to do it during the bearish season, because prices are very low and we can start collecting coins that we consider to have potential, such as bitcoin, ethereum, etc. Because if we buy late, the bearish season has passed, the coin price will become expensive.
Yes, DCA method works best when someone uses it in bearish season, however most investors are in fear during bearish season and that's why they avoid accumulating any coin during that season or wait for highest dips to accumulate some coins.
Bitcoin was at $17k and many people were still fearing that it isn't the right time to accumulate it, those people might still be regretting that why they didn't used DCA to accumulate some Bitcoin at $17k and $25k.
I have personally invested in Bitcoin and some good altcoins in last bear market and I'm thankful for that investment as I have made quite good profits because of it. I often follow DCA method with dip buying strategy and in bear market I accumulate some good amounts of reputable coins.
I do sell some of those for 10% or more profit and hold rest of it for 2-3 years as that's enough time to have 100% to 200% in most cases and if someone can control his/her emotions during that time then that's a lot of profit within a short period.
What you are doing is similar to what I have done, I also bought bitcoin when the price was $17K and tried to collect potential coins when it was bearish. Maybe those who are still hesitant about buying when it is bearish have a prediction that the price will fall again, we should do an analysis, if we feel the price is the lowest when it is bearish, buy coins that we believe will be expensive during the bullish season.
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What you are doing is similar to what I have done, I also bought bitcoin when the price was $17K and tried to collect potential coins when it was bearish.
I think you've done something pretty good because at $17k Bitcoin was a steal and those who understood that got it early in that bear market.
Bitcoin and top-performing altcoins always give profits and those who understand that often invest in Bitcoin and altcoins when the market is bearish.
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DCA method is very effective for low income investors and holders of Bitcoin. He only has to continue to buy Bitcoin at regular intervals of any amount for long time. The duration for them to continue this procedure should be at least 4-10 years or more. Accumulating bitcoins for such a long period of time will allow him to take high profits that are much or several times more than he expected.
I heard many good things on the use of DCA on investing with Bitcoin or cryptocurrency for that matter. One thing for sure is that with DCA a person is consistently getting into Bitcoin no matter if the price movement can be up or down though of course one can gain more during the time when there is a big dip just like what we are experiencing right now (BTC: $56,303.87 as of 06/07/2024) and doing it for some years maybe 5 years on the minimum but 10 years can be a lot better as suggested. Of course, this is premised on the assumption that years from now Bitcoin will be priced highly and that it will not be toppled as a good asset as already recognized even by the mainstream financial sector. DCA can be compared to funding your own pension plan into the future most especially the time when one would already be retiring. The elements here are consistency, time, patience and of course the money used to buy Bitcoin.
I mostly talk about the DCA method and prefer the DCA method. If you are afraid of losing money in the field of investment, then you can fearlessly start investing in DCA method. This method is applicable for everyone, especially for beginners. There is no fear of losing money as a result of long-term investing in the DCA system. In this case you have to invest regularly and hold for a certain period of time (until you reach your target). There are various hurdles you may face in extending this investment, which you can overcome by raising funds.
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The best way to get around the situation where the Bitcoin price is too high can be done, as you said, where the DCA scheme is very suitable to be used for the long term because of our limitations or ability to be able to buy in units. You still have to rely on funds that are unused or not used for daily needs so that you are not disturbed in achieving your goals without harming yourself.
We do need patience to be able to collect what we want well but always continuously, so that success can be achieved.
If you want to invest using the CDA method, it's best to do it during the bearish season, because prices are very low and we can start collecting coins that we consider to have potential, such as bitcoin, ethereum, etc. Because if we buy late, the bearish season has passed, the coin price will become expensive.
I think what you are saying is something that should be done. The scheme is good. Just look for where the lowest price can be found. Of course, it will be better.
Potential coins will always be targeted because they will provide more contribution when the time comes to increase. I think potential coins are still held by Bitcoin, Ethereum, BNB, SOL etc. which, of course, we cannot miss buying and holding.
It's true, you could miss this opportunity if you don't use your time properly.
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What you are doing is similar to what I have done, I also bought bitcoin when the price was $17K and tried to collect potential coins when it was bearish.
I think you've done something pretty good because at $17k Bitcoin was a steal and those who understood that got it early in that bear market.
Bitcoin and top-performing altcoins always give profits and those who understand that often invest in Bitcoin and altcoins when the market is bearish.
It's funny how fast time flies and how quickly the market changes. I remember there was a lot of whining in social networks from those who bought BTC for $19k at the end of 2017, i.e. actually at the peak of the ICO era. At the time, it seemed overpriced, but now it looks like $17-19k per BTC seems unattainably cheap. Honestly, I wouldn't be surprised if $70-100k per BTC also seemed like an unattainably cheap price by 2030.
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What you are doing is similar to what I have done, I also bought bitcoin when the price was $17K and tried to collect potential coins when it was bearish.
I think you've done something pretty good because at $17k Bitcoin was a steal and those who understood that got it early in that bear market.
Bitcoin and top-performing altcoins always give profits and those who understand that often invest in Bitcoin and altcoins when the market is bearish.
It's funny how fast time flies and how quickly the market changes. I remember there was a lot of whining in social networks from those who bought BTC for $19k at the end of 2017, i.e. actually at the peak of the ICO era. At the time, it seemed overpriced, but now it looks like $17-19k per BTC seems unattainably cheap. Honestly, I wouldn't be surprised if $70-100k per BTC also seemed like an unattainably cheap price by 2030.
Most likely it will. I think that now there will be a drop in price, but in the future we will definitely see a price of 100k, because this is a beautiful number. Obviously, after reaching it there will be a big correction. But as I said: now I am waiting for the price to fall, and I would really like to buy at 43k, where the nearest support level is located.
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I think you've done something pretty good because at $17k Bitcoin was a steal and those who understood that got it early in that bear market.
Bitcoin and top-performing altcoins always give profits and those who understand that often invest in Bitcoin and altcoins when the market is bearish.
The price of 17k$ is considered the lowest price so those who have invested at the time when there was a huge dump that caused the price to reduce the value of 17k$ are in great profit. At that time there was not a large number of Bitcoin investors so believers of that time are the real investors because their trust led them to gain such a huge profit.
In crypto space only Bitcoin is not present but there are lots of other coins which perform well and are still performing better so one who diversifies their investment in Bitcoin as well as other top coins will not face loss if they carry their investment accurately.
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Honestly, I wouldn't be surprised if $70-100k per BTC also seemed like an unattainably cheap price by 2030.
Not only you but most of us who are optimistic about Bitcoin won't be surprised to see something like that happening. Who knows by 2030 $150k would be a cheap value to acquire Bitcoin or even $250k would be a cheap price for Bitcoin at that time.
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If you want to invest using the CDA method, it's best to do it during the bearish season, because prices are very low and we can start collecting coins that we consider to have potential, such as bitcoin, ethereum, etc. Because if we buy late, the bearish season has passed, the coin price will become expensive.
IMO, DCA can be used whether in bearish and bullish season. It may be more effective to be used in bearish season but there is no problem if someone wants to keep using it in bullish season. Everyone has their own way to invest their money into crypto coins, nothing wrong as long as it can be profitable.
So far, most crypto still didn't reach their new ATH. Most altcoins are even decreasing their prices very much recently. Even if it is no longer a bearish season, it doesn't mean all crypto coin prices are expensive now.
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The best way to get around the situation where the Bitcoin price is too high can be done, as you said, where the DCA scheme is very suitable to be used for the long term because of our limitations or ability to be able to buy in units. You still have to rely on funds that are unused or not used for daily needs so that you are not disturbed in achieving your goals without harming yourself.
We do need patience to be able to collect what we want well but always continuously, so that success can be achieved.
If you want to invest using the CDA method, it's best to do it during the bearish season, because prices are very low and we can start collecting coins that we consider to have potential, such as bitcoin, ethereum, etc. Because if we buy late, the bearish season has passed, the coin price will become expensive.
Seeing the current situation, it is very difficult to be able to predict the price of Bitcoin, will go down and it soon will come back to rise again. But seeing the trend there is the possibility that the price will go down again. If it happens, it could be time to buy directly in any way that can be done.
Agree with your opinion, that the DCA scheme is very suitable when the bearish season and at that time is the time to continue to pursue buying and holding it until the time of the increase will occur, the estimate does not change that it will occur in 2025, enough time and could have before the price will go down again.
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Billionaire Peter Thiel is not sure about the large-scale growth of BTC - the co-founder of Paypal does not know when a new "batch of hamster buyers" will come to the market, as now all attention is focused on Bitcoin ETF. It's worth noting that Thiel's fund invested in Bitcoin back in 2014, and recorded a $1.8 billion profit in 2022 before the rate plummeted.
As it turns out, his vision for the first cryptocurrency didn't match reality. He originally saw BTC as anarchic, out-of-control money for governments, but "people at the FBI say it would be better if criminals used Bitcoin instead of $100 bills, so the technology isn't working the way it should."
P.S. Do you support this person's thoughts? On the one hand billionaire, and on the other hand for some reason for so many years continues to trust bitcoin and its potential. :-[
News link: https://cointelegraph.com/news/bitcoin-future-price-wont-dramatically-increase-says-peter-thiel
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Honestly, I wouldn't be surprised if $70-100k per BTC also seemed like an unattainably cheap price by 2030.
Not only you but most of us who are optimistic about Bitcoin won't be surprised to see something like that happening. Who knows by 2030 $150k would be a cheap value to acquire Bitcoin or even $250k would be a cheap price for Bitcoin at that time.
If you look at the 4-year cycle, the increase should occur in 2029, and how much the increase will occur? Of course, we will see the achievement at the end of this year to be able to form a renewable ATH in 2025. If only it can reach $100K+ it is a big possibility, what do you say? It could actually happen and at that time the price might already be the cheapest or there might be a surprise that the price will drop again.
Anything can happen, and we hope that the best can be achieved because it will also contribute to the altcoin's potential to increase.
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If only it can reach $100K+ it is a big possibility, what do you say?
Yes, it's quite possible to see Bitcoin at $100k or $100k + in 2025 because if that 4 years cycle takes place once again then we may see the peak of Bitcoin in October-December of 2025. I'm pretty sure that history will repeat itself once again this time.
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If only it can reach $100K+ it is a big possibility, what do you say?
Yes, it's quite possible to see Bitcoin at $100k or $100k + in 2025 because if that 4 years cycle takes place once again then we may see the peak of Bitcoin in October-December of 2025. I'm pretty sure that history will repeat itself once again this time.
Those who are in the crypto community have long noticed that the market is cyclical, and that's why many people were waiting so much for the BTC halving that happened in April this year. There will definitely be a rise to $100k, but I think it may happen much earlier than October-December next year. But I wouldn't make predictions for any specific months yet.
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For you, it depends on your budget. But if I talk about myself, then for me, buying bitcoin is like lifting an elephant's foot.
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If only it can reach $100K+ it is a big possibility, what do you say?
Yes, it's quite possible to see Bitcoin at $100k or $100k + in 2025 because if that 4 years cycle takes place once again then we may see the peak of Bitcoin in October-December of 2025. I'm pretty sure that history will repeat itself once again this time.
Those who are in the crypto community have long noticed that the market is cyclical, and that's why many people were waiting so much for the BTC halving that happened in April this year. There will definitely be a rise to $100k, but I think it may happen much earlier than October-December next year. But I wouldn't make predictions for any specific months yet.
Bitcoin is predicted to reach a price of $100K at the end of this year or the beginning of the year, many have said that. After the bitcoin halving in April this year people hoped that the price of bitcoin would soon rise, but it turned out that the bitcoin ETF that made bitcoin rise reached a new ATH, not the bitcoin halving because after the bitcoin halving the price of bitcoin decreased and several times
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After the bitcoin halving in April this year people hoped that the price of bitcoin would soon rise, but it turned out that the bitcoin ETF that made bitcoin rise reached a new ATH, not the bitcoin halving because after the bitcoin halving the price of bitcoin decreased and several times
Yes, after the ETH approval Bitcoin gained some good value but I would say that somehow the thought of halving also increased Bitcoin because that created some kind of FOMO effect. I remember the times when halving was close, people were thinking that after the halving Bitcoin will jump once again to high levels but that didn't happened the way it was thought to happen.
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For you, it depends on your budget. But if I talk about myself, then for me, buying bitcoin is like lifting an elephant's foot.
Well is totally depends on individual mindset about Bitcoin investment because I see no difficult thing in buying Bitcoin, however one thing you must understand is that when they talk about buying Bitcoin it doesn't necessarily mean that there intentions is for you to buy one unite of Bitcoin at a time but on the contrary Bitcoin is not like any other investment that requires a huge capital before investing on it, so actually with any amount you have you can use it and start investing on Bitcoin.
Though I know that numerous of people who wants to invest on Bitcoin is actually afraid do to the fact that the price has gone really far but however I want to let you know that using DCA strategy will actually help you a lot in terms of Bitcoin investment because it will allow you to accumulate as little as you can afford and with consistency you will be surprised to see the amount of Bitcoin you must have accumulated 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?.
Basically Altcoin is more risky then blue chip coins and as we know bitcoin is the top crypto currency. i think you have to deversify the amount you have to invest 50% on bitcoin and rest of 50% amount should be invest on other altcoins
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Yes, after the ETH approval Bitcoin gained some good value but I would say that somehow the thought of halving also increased Bitcoin because that created some kind of FOMO effect. I remember the times when halving was close, people were thinking that after the halving Bitcoin will jump once again to high levels but that didn't happened the way it was thought to happen.
Since bitcoin and Ethereum have ETF approval make market growing up and most excited keep investing in cryptocurrency, but comparison with bitcoin have been expensive or not I am not sure for every one get doubt investing based on their mind bitcoin have on the higher price.
I believe with current bitcoin price is not too expensive regarding near future will see more expensive price again but if doubt for investing today will get disappointed later or tomorrow.
Many top altcoin are waiting for ETF approval and will bring positive impact for the market raise most higher price in the future, buy now or never.
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Basically Altcoin is more risky then blue chip coins and as we know bitcoin is the top crypto currency. i think you have to deversify the amount you have to invest 50% on bitcoin and rest of 50% amount should be invest on other altcoins
Altcoins are risky but not all of them as people are still earning a good amount with altcoins investment therefore don't ignore the value of altcoins and diversify your investment in some altcoins as well as bitcoin. As you have mentioned the percentage for investment so this is a significant idea because we should not put the entire amount in just one coin and should invest disparately in different coins so our loss will be lessen and winning percentage will be higher but looking at the price fluctuations is necessary.
Altcoins are good candidates in the crypto world but people don't know about the beneficial and risky investment so they often lose in altcoins investment but if they focus on differentiating the features of altcoins then they will be winners at the end because investigation helps in avoiding scam and useless projects.
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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 major advantage that bitcoin has over other investment options is its divisibility. For the fact that you can buy Bitcoin in bits and still make profit when the market rises is a good one. If you take Real Estate for instance, you need an appreciable amount of money to invest in real estate and become profitable in the future. This cannot be said about Bitcoin. Bitcoin will only be expensive if you are only allowed to buy up to 1 bitcoin or above at a time.
This your question about buying cheap altcoins instead of bitcoin happened to me. I was decieved to buy altcoins that BTC was too high. It was actually below 8k, but today those altcoins are disappeared and bitcoin has soard so high.
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Yes, it's quite possible to see Bitcoin at $100k or $100k + in 2025 because if that 4 years cycle takes place once again then we may see the peak of Bitcoin in October-December of 2025. I'm pretty sure that history will repeat itself once again this time.
We are still in bullish season in 2025, it is very reasonable if there are people who predicted the Bitcoin to reach at $100k or $100k +. If we consider the pattern of the previous cycles, the peak of Bitcoin should be in the second year of bullish season. The first year is in 2024, the second year will be in 2025. However, it is hard to know in what months that we can see the peak of Bitcoin price. I personally assume it won't be in Q4, I think it is probably in Q2-Q3 of 2025.
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For you, it depends on your budget. But if I talk about myself, then for me, buying bitcoin is like lifting an elephant's foot.
Because currently the price of bitcoin has increased very highly, it is not impossible that it will be equally difficult for anyone to be able to buy bitcoin in units, unless they are big investors who have had a lot of experience of investing in bitcoin. I am the same as you and can only buy in installments, even if the funds are available, because I am more focused on potential altcoins, which I think will have the same results if there is an increase.
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I personally assume it won't be in Q4, I think it is probably in Q2-Q3 of 2025.
I won't doubt your assumption but if we check the history of Bitcoin or that of 4 year cycle then it becomes clear that Q4 of 2nd bullish year is most probably the best time to see Bitcoin at its peak but this time things happened strangely and that's why we aren't fully sure which quarter will be the peak of the market. I also hope that we may see peak in Q2-Q3 of 2025 but I believe if that doesn't happen in Q2-Q3 then it could most probably happen in Q4 of 2025.
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To me, altcoins tends to be more profitable because you are likely to buy more. Now for instance, u purchase an altcoin worth $100, you are likely to have more of the coin reading from thousands to millions, regarding how the price of the coin is and an increase in price will likely increase ur profit level. Buh an $100 worth of BTC is a very little fraction of it.
But all you need to know is this, investment is a risk, so always risk as much as you can afford to lose. Get enough details on any coin you want to invest on. Even BTC and always follow up updates on market trends.
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To me, altcoins tends to be more profitable because you are likely to buy more. Now for instance, u purchase an altcoin worth $100, you are likely to have more of the coin reading from thousands to millions, regarding how the price of the coin is and an increase in price will likely increase ur profit level. Buh an $100 worth of BTC is a very little fraction of it.
But all you need to know is this, investment is a risk, so always risk as much as you can afford to lose. Get enough details on any coin you want to invest on. Even BTC and always follow up updates on market trends.
Agree with you, because the price of bitcoin is already high, it will be difficult to be able to buy in units compared to potential altcoins, it is likely that you will be able to buy in units and can be more.
So when bitcoin increases, altcoins also follow and the opportunity to make a profit will be just as much or maybe even more than when holding bitcoin.
Wherever we invest, there is always a risk, especially with crypto, which is difficult to predict well.
But we also have to know that crypto has a repetitive nature, and it always happened in the past, so don't hesitate to invest in crypto, because when the time comes to increase, it can always happen.
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To me, altcoins tends to be more profitable because you are likely to buy more. Now for instance, u purchase an altcoin worth $100, you are likely to have more of the coin reading from thousands to millions, regarding how the price of the coin is and an increase in price will likely increase ur profit level. Buh an $100 worth of BTC is a very little fraction of it.
But all you need to know is this, investment is a risk, so always risk as much as you can afford to lose. Get enough details on any coin you want to invest on. Even BTC and always follow up updates on market trends.
Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.
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Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.
It depends on your risk tolerance and your understanding of investments and the market. Users sometimes can't decide which will be the best choice for them. At one moment, they select altcoins because of the low price and high potential profits, and at other times, they choose Bitcoin for its stability. Users need to first make up their minds about their market understanding and then take a step. Bitcoin is a stable cryptocurrency with low volatility, but it also has a high price, which can be difficult to manage. On the other hand, the price of altcoins is lower, but they carry a high risk because they are not stable. For example, Bitcoin can show more volatility, which can lead to either high profits or significant losses. Therefore, it is good to understand the market first and utilize your experience and knowledge.
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It depends on your risk tolerance and your understanding of investments and the market. Users sometimes can't decide which will be the best choice for them. At one moment, they select altcoins because of the low price and high potential profits, and at other times, they choose Bitcoin for its stability. Users need to first make up their minds about their market understanding and then take a step. Bitcoin is a stable cryptocurrency with low volatility, but it also has a high price, which can be difficult to manage. On the other hand, the price of altcoins is lower, but they carry a high risk because they are not stable. For example, Bitcoin can show more volatility, which can lead to either high profits or significant losses. Therefore, it is good to understand the market first and utilize your experience and knowledge.
That's what many people especially newbies didn't see about bitcoin that's they buy altcoins. Buying crypto doesn't have to be a whole crypto like bitcoin for example where you shouldn't buy a whole bitcoin if you don't have the money to buy 1 bitcoin. What to do in this situation is to buy small amount or small portion of the crypto that you decided to buy. Let's say I want to buy bitcoin then I should start making a plan on how much money I should spend to buy bitcoin. Anyway, I still heard or read somewhere that they didn't know about cryptocurrency like the smaller amount of bitcoin called satoshi.
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Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.
Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.
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Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.
Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.
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Every coin has risks and its price always fluctuates, you are right. I agree with you. That's why we have to buy at the right time and hold it so that the price rises and we can sell it.
buy bitcoin or altcoin according to our abilities, because crypto offers many choices for buying.te]
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Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.
Everything is risky but people don't understand this until he faces the reality and I think in the case of Bitcoin investment people make the journey stressful for themselves by reducing patience and panic after facing unfavorable price fluctuations in the market.
It is not compulsory to buy the whole Bitcoin but if you are using less amount for buying Bitcoin then you will be Bitcoin Investor and I will say that becoming a Bitcoin investor is easy but getting success to become a successful investor is not easy.
Those who already have some Bitcoin will feel happy as those days have gone when there was a huge dump in worth and now bitcoin is in a pumping position where everyone is holding Bitcoin with patience and have a dream of experiencing their target to sell Bitcoin at a higher rate.
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Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.
Everything is risky but people don't understand this until he faces the reality and I think in the case of Bitcoin investment people make the journey stressful for themselves by reducing patience and panic after facing unfavorable price fluctuations in the market.
It is not compulsory to buy the whole Bitcoin but if you are using less amount for buying Bitcoin then you will be Bitcoin Investor and I will say that becoming a Bitcoin investor is easy but getting success to become a successful investor is not easy.
Those who already have some Bitcoin will feel happy as those days have gone when there was a huge dump in worth and now bitcoin is in a pumping position where everyone is holding Bitcoin with patience and have a dream of experiencing their target to sell Bitcoin at a higher rate.
Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.
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Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.
Some Bitcoin holders who bought in bearish season, they may already take profits when they price was above $70k. But most of them must continue to hold because we have the same target, most people want to take profits in $100k. People who already invested in crypto for few years, shouldn't feel panic because it is already happening many times. The correction is normal, it will increase again in the future. We are very sure that the peak of crypto prices will be in the next year (2025).
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A lot of people who are new in Bitcoin investment always get confused in this, they think Bitcoin is too expensive to accumulate and since is too expensive is better they forget about investing on it, but is not true one can accumulate as small small ones money can carry because is been divided into small units or portion so it can be easier for people to invest.
You can buy Bitcoin worth 1 dollar or even lower than 1 dollar that is why you see people using the DCA strategy in Bitcoin investment, one can start accumulating little by little using the DCA strategy and before you know it you have accumulated enough Bitcoin all it will take is time but as long as you continue without relenting you will make it big, that is why it is always advised to be patient when it comes to bitcoin investment.
Bitcoin investment is not too big to stop anyone from getting involved and that is why I always see it as one of the best investment in the world right now, other investment you need to have a particular amount of money before you can start but is not so in Bitcoin investment you can start with the little that you have and then grow from there, I no of someone that started his Bitcoin investment being a poor man but today he has accumulated a lot of people and has used it to become successful in life.
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Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.
Some Bitcoin holders who bought in bearish season, they may already take profits when they price was above $70k. But most of them must continue to hold because we have the same target, most people want to take profits in $100k. People who already invested in crypto for few years, shouldn't feel panic because it is already happening many times. The correction is normal, it will increase again in the future. We are very sure that the peak of crypto prices will be in the next year (2025).
Such a correction may not be a correction, but a strong downward movement of the Bitcoin scene. I agree with those who claim that the price will reach 100k, but it seems to me that this is necessary for weak market participants to come out on a strong correction, which will reach 40k. And then for these market participants to buy again when the price is above 70k. This will create a panic buy, which will lead to growth to 100k.
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Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.
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Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.
Bitcoin may be a bit expensive now, but you doesn't need to buy 1 BTC if you have no enough money. You can buy Bitcoin even if you only have $50. Do DCA, it is a good strategy if we have limited funds to buy Bitcoin. ;)
Yep, Bitcoin is our future if we invest in Bitcoin. The price of Bitcoin keep increasing, you can check the price history of Bitcoin. The ATH of Bitcoin is below $70k in the last bullrun season (2021), now the current ATH is $73,750 (check CMC data). By the way, I'm not sure if Bitcoin can reach $200,000 as you said above. lets' see if Bitcoin really cross $100,000 first before we assume it may reach $200,000.
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Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.
Everyone also wants bitcoin will be able to reach its highest price when the increase season, because many have invested for a long time or new ones are waiting for that opportunity, and maybe it will happen next year according to the period. But whether it will really be able to reach as you said at $ 200K, of course no one can make predictions accurately, the most important thing is what the price will be at the end of this year, because it might contribute to the following year.
You are right. Currently bitcoin is indeed very expensive and this is indeed the future for the development of the crypto world. In the future. We will wait for that.
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Bitcoin critic and head of Euro Pacific Capital Peter Schiff said that there is no institutional demand for bitcoin and believes that the recent drop in its quotes confirms this theory.
If there was demand, buyers have already grabbed the opportunity to buy Mt.Gox bitcoins on the OTC market.
Technanalysts assessed the correction that occurred as the largest since 2022 and said that it will soon become clear which scenario bitcoin will behave according to - 2013 and 2016 (where the market found support) or according to the 2019 model.
(https://i.ibb.co/GCrTVCg/image.png)
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BTC.D - looks like a Rug-Pull is about to happen.
You have to understand, now there is a precedent in the market, which has never happened in the history of Alts Market. This indicator is signaling this, and you can also see for yourself that the altcoins have rolled with great force and are at floor level.
You can juggle a lot of factors here, from endless VC token unlocks, to an inactive summer where most of the major market participants are simply operating at half strength, if at all, not the point.
I have an assumption, which has sort of been expressed before. That if there is such an extreme in the market for such a reset, so why can't it happen the other way around? Yes, not on all tokens, but on 30 to 50 projects it may well happen.
I interpret this from the logic that:
-BTC will need to be redirected into altcoins somehow anyway for a more liquid exit in USD(t,c).
-Joke, no joke, and this could be the last big story when "alts season" is played out as rampantly, and then regulation and some timing.
- ETF's and correlation with the SPX500 which is "new ATH" every day.
Somehow, I would also give one more piece of sound advice on project selection and where to look:
A) The majority (80%) of supply token is already in the market.
B) The token is in use and getting along with trends.
C) The graph to BTC stands still and has not corrected much since March.
If you need examples, take a look at SOL / BTC and LDO / BTC.
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Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.
Some Bitcoin holders who bought in bearish season, they may already take profits when they price was above $70k. But most of them must continue to hold because we have the same target, most people want to take profits in $100k. People who already invested in crypto for few years, shouldn't feel panic because it is already happening many times. The correction is normal, it will increase again in the future. We are very sure that the peak of crypto prices will be in the next year (2025).
Such a correction may not be a correction, but a strong downward movement of the Bitcoin scene. I agree with those who claim that the price will reach 100k, but it seems to me that this is necessary for weak market participants to come out on a strong correction, which will reach 40k. And then for these market participants to buy again when the price is above 70k. This will create a panic buy, which will lead to growth to 100k.
Usually after a very large correction, a big push will occur so that it will make the Bitcoin movement can be maximized. It seems that if you want to achieve $ 100K, then there is also a correction so that there is encouragement to be able to reach that price.
Once again, theoretically it is as above, but sometimes other influences may also be able to make movements that might make bitcoin cause to increase, but that is even greater than the correction that will have a very positive impact.
Will the purchase panic, your think, will be able to cause growth up to a price of up to $ 100K? Obviously, all influences will make it happen. No one is able to ensure which is more appropriate.
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Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.
Bitcoin is one of the best investment right now in the world and the best crypto investment and should be taken seriously, Bitcoin should not be seen as expensive because one can start accumulating Bitcoin little by little, let say Bitcoin is worth $56k for 1 Bitcoin but one can still buy any amount of Bitcoin one chooses to buy for example one can decide to buy $1 worth of Bitcoin, this is how a lot of people started by Accumulating little by little every week or every month and from there they grew and today some people has 3 to 4 Bitcoin, Bitcoin investment can be started by anyone with the little account you have and that is why Bitcoin investment is seen as one of the best investment in the world right now.
Now in starting the accumulation journey one needs to have a source of income, so when you receive your salary you use some part of the money to invest.
Bitcoin will hit $100k soon but one can still purchase as little as you have using the DCA strategy, you don't have to have a lot of millions before you can start accumulating Bitcoin.
The way Bitcoin is structured it will keep growing bigger and better and please don't let anyone deceive you that you can't start Bitcoin investment Because of the price because you can buy any amount of Bitcoin you want.
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BlockTower Capital founder Ari Paul believes that the idea of the US government creating a bitcoin reserve may seem bullish in terms of price, but is unlikely to materialize in the near future.
He would bet “ten to one” against the realization of this initiative within the next four years.
However, others in the crypto community believe in the US bitcoin reserve. Satoshi Act Fund CEO and co-founder Dennis Porter noted the “inevitability” of its emergence, while Satoshi Action Education President Michael Goldstein believes everyone should have their own stockpile of the first cryptocurrency.
Confirmation or denial of these rumors will appear during the Bitcoin 2024 conference, which will be held from July 25 to 27.
(https://i.ibb.co/m6P5ddz/image.png)
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For the current price of Bitcoin is indeed very expensive, even for 1 Bitcoin in my place can get 1 house, 1 car, 1 motorbike and some empty land.
For me it is too late to know Bitcoin because now I have also seen the price of Bitcoin is unlikely to fall back to the price of 10,000 USD, it feels very sad but the fact is that Bitcoin continues to get more expensive.
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For the current price of Bitcoin is indeed very expensive, even for 1 Bitcoin in my place can get 1 house, 1 car, 1 motorbike and some empty land.
For me it is too late to know Bitcoin because now I have also seen the price of Bitcoin is unlikely to fall back to the price of 10,000 USD, it feels very sad but the fact is that Bitcoin continues to get more expensive.
If you're interested, it's never too late to start learning more about Bitcoin and diving into the crypto industry. At the end of 2017, everyone was also saying Bitcoin for 19k was too expensive, but now that price seems too cheap. Just keep in mind that it will take a few years for the current BTC price to seem too cheap as well.
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Usually after a very large correction, a big push will occur so that it will make the Bitcoin movement can be maximized. It seems that if you want to achieve $ 100K, then there is also a correction so that there is encouragement to be able to reach that price.
You're right. We are probably to have a big pump after a big dump. This already happened many times, we experience good jump whenever we already experienced a huge correction. I think it will happen again, this is something happening many times in crypto market. I don't really expect to reach $100k soon, but it should be a new ATH (more than $73k).
Once again, theoretically it is as above, but sometimes other influences may also be able to make movements that might make bitcoin cause to increase, but that is even greater than the correction that will have a very positive impact.
It is not a theory, it is the fact. When Bitcoin wants to achieve a higher rate, there should be big correction. I don't really understand why this must happen, I think the market needs to adjust anything. At least, we don't feel panic because this drop even to push a higher rate for Bitcoin price.
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If you're interested, it's never too late to start learning more about Bitcoin and diving into the crypto industry. At the end of 2017, everyone was also saying Bitcoin for 19k was too expensive, but now that price seems too cheap. Just keep in mind that it will take a few years for the current BTC price to seem too cheap as well.
Of course, it is no problem to start learning Bitcoin now. I think we can start learning and investing in Bitcoin at any time. But it is true if we know it sooner, we can get more advantage. With the current price, I think it is still good to invest in Bitcoin. Bitcoin is predicted to reach $100k, the current price is still very cheap if we compare with $100k. Just don't wait for the Bitcoin to reach $100k, we should invest when the price is still far from $100k.
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For the current price of Bitcoin is indeed very expensive, even for 1 Bitcoin in my place can get 1 house, 1 car, 1 motorbike and some empty land.
For me it is too late to know Bitcoin because now I have also seen the price of Bitcoin is unlikely to fall back to the price of 10,000 USD, it feels very sad but the fact is that Bitcoin continues to get more expensive.
If you're interested, it's never too late to start learning more about Bitcoin and diving into the crypto industry.
Yep, that's why I'm on the altcoinstalks forum to learn about Bitcoin as a whole, especially in the cryptocurrency circle.
And it also took me several years to figure out how Bitcoin works, transactions, wallets, private keys, addresses, mining or other things related to Bitcoin.
At the end of 2017, everyone was also saying Bitcoin for 19k was too expensive, but now that price seems too cheap. Just keep in mind that it will take a few years for the current BTC price to seem too cheap as well.
2017 was indeed very long ago and maybe I had never heard anything further about Bitcoin at that time, maybe just rumors from various circles of society. But I'm honest, Bitcoin is currently very expensive and even when I retire from work, I may not be able to get severance pay up to the current price of 1 Bitcoin.
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If you're interested, it's never too late to start learning more about Bitcoin and diving into the crypto industry. At the end of 2017, everyone was also saying Bitcoin for 19k was too expensive, but now that price seems too cheap. Just keep in mind that it will take a few years for the current BTC price to seem too cheap as well.
Of course, it is no problem to start learning Bitcoin now. I think we can start learning and investing in Bitcoin at any time. But it is true if we know it sooner, we can get more advantage. With the current price, I think it is still good to invest in Bitcoin. Bitcoin is predicted to reach $100k, the current price is still very cheap if we compare with $100k. Just don't wait for the Bitcoin to reach $100k, we should invest when the price is still far from $100k.
When it comes to investing to Bitcoin then there's no such thing about being late or being early but we do know that when it comes to advantage then its always ideal that we should really invest or learn on it as early as possible We arent really that still contented on the time that we cant be able to buy or purchase a whole coin. We do know that we can buy on fractions and
doesnt really need up to buy a whole coin. The wrong thing about other people is that they are really that wanting to accumulate or get a whole coin on which its not really that a bad target
but people should really be that somehow not to be investing on what they cant afford to lose. Risks management would really be still needed.
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When it comes to investing to Bitcoin then there's no such thing about being late or being early but we do know that when it comes to advantage then its always ideal that we should really invest or learn on it as early as possible We arent really that still contented on the time that we cant be able to buy or purchase a whole coin. We do know that we can buy on fractions and
doesnt really need up to buy a whole coin. The wrong thing about other people is that they are really that wanting to accumulate or get a whole coin on which its not really that a bad target
but people should really be that somehow not to be investing on what they cant afford to lose. Risks management would really be still needed.
The real opportunity? Right now. Don't wait for the crowd to catch on, get in early
But when it comes to investing, people never think it's the right time to buy. People are triggered by others, not investments
They are just investing in a different vision of where the world is going and that is a market...
Some people have the capacity to see other perspectives as being valid, others see theirs as being the only way and we all have expectations of how things should be happening, when these aren't met, people react/take a position
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Hmm, buddies those who are still waiting that's the opportunity time, grab it, currently the market is still offering a big discount as you know from the recent dump, if you've made any position on the dump, it is not expensive at all, but I'm sure Bitcoin will be so expensive for those who are still waiting. I've seen a couple fo posts above regarding the price prediction, and there was a post of 1M BTc valuation with an SS, TBH I've covered a topic a long time ago on BTT for the 1M valuation of Bitcoin in a short time.
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Hmm, buddies those who are still waiting that's the opportunity time, grab it, currently the market is still offering a big discount as you know from the recent dump, if you've made any position on the dump, it is not expensive at all, but I'm sure Bitcoin will be so expensive for those who are still waiting. I've seen a couple fo posts above regarding the price prediction, and there was a post of 1M BTc valuation with an SS, TBH I've covered a topic a long time ago on BTT for the 1M valuation of Bitcoin in a short time.
Yes that is true.. whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.
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Hmm, buddies those who are still waiting that's the opportunity time, grab it, currently the market is still offering a big discount as you know from the recent dump, if you've made any position on the dump, it is not expensive at all, but I'm sure Bitcoin will be so expensive for those who are still waiting. I've seen a couple fo posts above regarding the price prediction, and there was a post of 1M BTc valuation with an SS, TBH I've covered a topic a long time ago on BTT for the 1M valuation of Bitcoin in a short time.
Yes that is true.. whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.
If I buy when the market is experiencing a decline, I do DCA to buy from last year until the ATH, but after Bitcoin's ATH reaches $73K I only make purchases without DCA, just buy and sell according to market conditions. Especially now that the market is declining, it's time buy as much furniture as possible.
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whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.
If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.
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whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.
If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.
Yes you right.. This is a Golden opportunity we have for the market to accumulate more through DCA since the market is sharply low, I think the market already dropped to $52k or 48k thereabout few days ago but quickly bounces back to 50k correct me if wrong. During that point someone could enter the market to make swift gain or for like a trader who is looking for good entry point could utilized that point.
+1 for you.
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whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.
If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.
Bitcoin is one of the best investment in the world right now and the best crypto coin in the world, and is a very good investment, there are people that only invest when there's a dip, which is not a good one I'm not saying you should not invest or buy Bitcoin when there's a dip but don't do it as routine, one can use the DCA strategy and keep accumulating and when there's a dip you can accumulate more, if you only wait for a dip to come before you invest what if a dip never comes for a long time, so is good to keep accumulating even when there's no dip using the DCA strategy.
Some people are waiting for Bitcoin to drop to $40k before they can start there accumulation, well I don't think Bitcoin will drop to $40k and for those that are waiting for that I think you should remove your mind from that and start your accumulation journey waiting for a particular amount in dip will not do you any good you may wait in vain.
Using the DCA strategy is the best in Bitcoin investment, waiting for a dip may lead you to wait in vain, those that are consistent in there accumulation not minding if there's a dip or not accumulate more than those always waiting for a dip before they can invest.
Now if you are wanting for a dip it may take months or years before a dip can happen and that person that has been consistent in his or her Bitcoin accumulation will still buy in the dip when it comes there by making him accumulate more, so don't wait for the dip start accumulating and be consistent and patience.
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whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.
If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.
Using the DCA strategy is the best in Bitcoin investment, waiting for a dip may lead you to wait in vain, those that are consistent in there accumulation not minding if there's a dip or not accumulate more than those always waiting for a dip before they can invest.
Now if you are wanting for a dip it may take months or years before a dip can happen and that person that has been consistent in his or her Bitcoin accumulation will still buy in the dip when it comes there by making him accumulate more, so don't wait for the dip start accumulating and be consistent and patience.
Anyone waiting for the dip may not secure good portion of bitcoin in their portfolio because they could missed the good opportunities that are there. Besides I don't think bitcoin could go below more than this current price, or since the previous price was $73k it would drop half of 50 percent being 37k plus and there is every it could likely happened, so DCA'ing could be the right thing to do while waiting for the price drop.
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#BTC = $62,000
Imagine, you just stepped away from the monitor for a week and just didn't see this Monday, has anything changed for you? BTC is up +13% for the day, I honestly can't remember the last time that happened, but the "risk on" mode has apparently kicked in.
I'm guessing another correction is coming now, most likely over $60,000. It will take another trap for the FOMO bros to fly in. They were taken out on Monday, they didn't buy, they bought now on the green.
They'll be cleaned up again with a $60,000 hike to start, and then the real rally will begin closer to fall, somehow.
(https://i.ibb.co/VVb1r3S/image.png)
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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?.
Bitcoin is a valuable asset and it is becoming more expensive day by day and will be more expensive in the future. I think very few people can afford to buy a whole bitcoin. So everyone invests an amount of Bitcoin according to their ability and continues to invest regularly following the DCA method. So you can invest any amount of Bitcoin as per your ability. And definitely try to hold those bitcoins for the long term. Because when you regularly invest in Bitcoin as per your ability it will be savings for you on one hand and on the other hand you will get huge returns from it due to increasing price of Bitcoin.
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Anyone waiting for the dip may not secure good portion of bitcoin in their portfolio because they could missed the good opportunities that are there. Besides I don't think bitcoin could go below more than this current price, or since the previous price was $73k it would drop half of 50 percent being 37k plus and there is every it could likely happened, so DCA'ing could be the right thing to do while waiting for the price drop.
We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.
In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.
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Anyone waiting for the dip may not secure good portion of bitcoin in their portfolio because they could missed the good opportunities that are there. Besides I don't think bitcoin could go below more than this current price, or since the previous price was $73k it would drop half of 50 percent being 37k plus and there is every it could likely happened, so DCA'ing could be the right thing to do while waiting for the price drop.
We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.
In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.
At least people should be aware of possible things that could likely happened when going into Bitcoin investment or those who are already engaging themselves with DCA should be able to have it in mind that bitcoin is so volatile that they could lose their investment at anytime.
Investment isn't the problem rather the main issue is to accept the risk associated with it because at any moment one could lose heavily if not already accepted the risk associated to it.
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- Literally speaking, because at its current price of $60,000 or something, it is really expensive if we buy a bitcoin. But if we save it little by little for a year and every Sunday you buy just once a week, then let's assume the minimum is 10 dollars, for sure in 1 year. That's a big value.
So the majority of our communities today are actually using DCA, making it one of the best and most effective methods if you are holding top altcoins, especially for the upcoming bull run.
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- Literally speaking, because at its current price of $60,000 or something, it is really expensive if we buy a bitcoin. But if we save it little by little for a year and every Sunday you buy just once a week, then let's assume the minimum is 10 dollars, for sure in 1 year. That's a big value.
So the majority of our communities today are actually using DCA, making it one of the best and most effective methods if you are holding top altcoins, especially for the upcoming bull run.
It seems that when the price of bitcoin starts to go high, we should not use DCA but always monitor the market when a correction occurs when we buy. This is just a suggestion, because currently I do that. Setting up USD and waiting for the market to experience a correction and buying potential coins which I am sure will increase in price.
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We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.
In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.
People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but believe new investment opportunity is not easy at first.
Learning is very necessary because it helps in every difficulty and it acts as a light during unfavorable situations so if someone learns well then he will have an idea about the amount which has to be used for investment and also about other requirements which are compulsory for making profit.
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We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.
In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.
People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but believe new investment opportunity is not easy at first.
Learning is very necessary because it helps in every difficulty and it acts as a light during unfavorable situations so if someone learns well then he will have an idea about the amount which has to be used for investment and also about other requirements which are compulsory for making profit.
There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.
Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.
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People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but believe new investment opportunity is not easy at first.
If those people invest for a long term, they don't need to feel afraid. Unless they must take profits in a short time, they can enjoy the dump by buying more coins again. I think only new investors who are afraid with the current dump, it is because they just experience it. Experienced investors won't be afraid because they know it won't last a long time. After a big dump, there should be a big pump in the future. I am very sure that most of us won't be afraid with the current situation, we already experienced this dump many times.
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- Literally speaking, because at its current price of $60,000 or something, it is really expensive if we buy a bitcoin. But if we save it little by little for a year and every Sunday you buy just once a week, then let's assume the minimum is 10 dollars, for sure in 1 year. That's a big value.
So the majority of our communities today are actually using DCA, making it one of the best and most effective methods if you are holding top altcoins, especially for the upcoming bull run.
If I have money and I want to buy Bitcoin but see this price as expensive, I wouldn't suffer head myself that much. I will wait until when people that are fomo in the market start selling and buy from them, that's when you will get Bitcoin very cheap from the market. For the time, I will endure and be buying USDT on my wallet to avoid using the money for another thing.
The price is expected to dump but some how, they did their thing and now $60k is stable, something that on a regular day, they would have panic and let it down but they are trying to avoid panic of people in death cross but this is only temporary solution, the crash will come later.
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We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.
In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.
People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but believe new investment opportunity is not easy at first.
Learning is very necessary because it helps in every difficulty and it acts as a light during unfavorable situations so if someone learns well then he will have an idea about the amount which has to be used for investment and also about other requirements which are compulsory for making profit.
There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.
Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.
I think the market is down because of the correction, maybe there will be a bear market but not now. Because everyone is waiting for the bullish season to come. The market is back up, starting with the increase in the price of bitcoin which will affect the increase in the price of altcoins, in my opinion we will soon see altcoins season. Hopefully
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There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.
Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.
The market is not going to be bearish yet because if there was an initiation of the bearish phase then we will experience continuous reduction but currently we are experiencing more elevation in worth after a slight dump so it means that the bullish phase has yet to come.
If we are going as a successful trader or investor then it does not mean that we have no need to learn more but I think that the more you learn the more you will easily achieve your goals.
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There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.
Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.
The market is not going to be bearish yet because if there was an initiation of the bearish phase then we will experience continuous reduction but currently we are experiencing more elevation in worth after a slight dump so it means that the bullish phase has yet to come.
If we are going as a successful trader or investor then it does not mean that we have no need to learn more but I think that the more you learn the more you will easily achieve your goals.
Well that's what we think so we try to continue to take advantage of the existing decline by accumulating the amount of bitcoin in our portfolio, we will be in a bearish phase, but I don't think this will happen anytime soon, because we haven't fully felt the bullish market.
We can hear what other people say while we analyze it ourselves. But for beginners, fear is natural because they may not have experienced much of this.
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There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.
Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.
The market is not going to be bearish yet because if there was an initiation of the bearish phase then we will experience continuous reduction but currently we are experiencing more elevation in worth after a slight dump so it means that the bullish phase has yet to come.
If we are going as a successful trader or investor then it does not mean that we have no need to learn more but I think that the more you learn the more you will easily achieve your goals.
Well that's what we think so we try to continue to take advantage of the existing decline by accumulating the amount of bitcoin in our portfolio, we will be in a bearish phase, but I don't think this will happen anytime soon, because we haven't fully felt the bullish market.
We can hear what other people say while we analyze it ourselves. But for beginners, fear is natural because they may not have experienced much of this.
Sooner or later you would really be able to realize for yourself that you would really be needing up to accumulate on the time that you would see that the market is really that
making up some decline and later on it would really be making those kind of recovery on which you would be really be having those thoughts that you can make money if y ou do really know on what you would gonna do. Bitcoin isnt really expensive not unless if you would really be trying out to accumulate Bitcoin as a whole but just we do all know that
we can be able to buy in fractions so it wont really be that not much an issue.
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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?.
Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
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Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.
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Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.
No one wants to lose their money, very carefully it will be done so that the money cannot be lost, but sometimes money is not lost but reduced because the price goes down but will be lost if we invest in a new project that cannot be held will continue to grow or not, but for those who have potential it will be safe as long as you don't get carried away with passion in action because the price can go down and up at any time, just manage it well then it will be safe.
It is clear that if you want a small and safe risk, you cannot avoid investing in Bitcoin because, so far, it has provided a guarantee that Bitcoin is able to contribute to its holders. If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
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If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
i still wouldn’t advise everyone to invest in coins like solana or ton as they are relatively new and anything could still happen i mean even though bitcoin and ethereum have been proven to stay afloat they are still volatile and can pose a lot of risks for its investors
the good thing about bitcoin is you don’t have to buy 1 bitcoin right away you can buy little by little over a course of time and see your investment grow there is no minimum or limit to how much you can invest in bitcoin
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If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
i still wouldn’t advise everyone to invest in coins like solana or ton as they are relatively new and anything could still happen i mean even though bitcoin and ethereum have been proven to stay afloat they are still volatile and can pose a lot of risks for its investors
the good thing about bitcoin is you don’t have to buy 1 bitcoin right away you can buy little by little over a course of time and see your investment grow there is no minimum or limit to how much you can invest in bitcoin
Solana and ton are two potential coins, and I also invest in both. Although my priority coins are bitcoin and ethereum. My consideration is not the length of the project, new projects if they show good progress I will buy them and hold the coins. New projects have no guarantee that they will last long, but we must do research before investing. And I have confidence in the two coins, solana and ton.
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If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
I made a similar mistake long time ago, when I heard about bitcoin for the first time.
So, back in late 2013 I stumbled upon bitcoin for the first time and since whole concept seemed cool, I was thinking about buying some but because price was around 1k and it felt like too expensive and I didn't want to buy just a fraction of it, I bought some altcoins instead. Huge mistake.
Certain altcoins can indeed bring you a good profit but if you are just beginning in crypto, bitcoin is by far the safest choice no matter the price.
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Well that's what we think so we try to continue to take advantage of the existing decline by accumulating the amount of bitcoin in our portfolio, we will be in a bearish phase, but I don't think this will happen anytime soon, because we haven't fully felt the bullish market.
We can hear what other people say while we analyze it ourselves. But for beginners, fear is natural because they may not have experienced much of this.
Sooner or later you would really be able to realize for yourself that you would really be needing up to accumulate on the time that you would see that the market is really that
making up some decline and later on it would really be making those kind of recovery on which you would be really be having those thoughts that you can make money if y ou do really know on what you would gonna do. Bitcoin isnt really expensive not unless if you would really be trying out to accumulate Bitcoin as a whole but just we do all know that
we can be able to buy in fractions so it wont really be that not much an issue.
Many people regret because they missed the opportunities that came to them and I don't want to be part of them because I didn't take advantage of the opportunities that came to me.
Experience is what makes me better, because I also won't say I never missed an opportunity before, especially when I was just starting to know bitcoin. But that's very natural and now as my knowledge and experience increases I can be even better.
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Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.
This is true Bro, never buy Crypto with borrowed money, it is very high risk. And I am sure everyone knows that, only people who are determined will do that.
Bitcoin is indeed the main goal of everyone who is new to crypto, surely what they are looking for is Bitcoin. But if we have been here for a long time, I believe they will be sure to buy other Altcoins that are in the top ranks.
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Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.
This is true Bro, never buy Crypto with borrowed money, it is very high risk. And I am sure everyone knows that, only people who are determined will do that.
Bitcoin is indeed the main goal of everyone who is new to crypto, surely what they are looking for is Bitcoin. But if we have been here for a long time, I believe they will be sure to buy other Altcoins that are in the top ranks.
Maybe there are investors who dare to buy bitcoin with borrowed money even though it is risky, I hope they understand the risks because the price of bitcoin is difficult to predict. What is worrying is that when we pay the installments due, it turns out that the Bitcoin price is experiencing a sharp correction and it will be difficult for us to make a profit.
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Robert F. Kennedy Jr.: U.S. government reserves in bitcoins should match foreign exchange reserves
U.S. presidential candidate Robert F. Kennedy Jr. said that if elected, he will push for the federal government to purchase $615 billion worth of bitcoins until the amount of U.S. bitcoin reserves matches the country's foreign exchange reserves. “Bitcoin is an honest currency, a proof-of-work currency. Everything is on a ledger, it's decentralized, and that's what we need to do with democracy,” Kennedy said in an interview. “My hope is that the federal government will start buying bitcoins and eventually have as many bitcoins as gold during my term.” The U.S. government is reportedly the world's largest owner of gold: it has 8,134 tons of gold. At current prices, gold is worth $615 billion, and it takes 9.4 million BTC to reach that value, equivalent to nearly 45% of the total supply.
(https://i.ibb.co/fxxh17S/image.png)
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Sooner or later you would really be able to realize for yourself that you would really be needing up to accumulate on the time that you would see that the market is really that
making up some decline and later on it would really be making those kind of recovery on which you would be really be having those thoughts that you can make money if y ou do really know on what you would gonna do. Bitcoin isnt really expensive not unless if you would really be trying out to accumulate Bitcoin as a whole but just we do all know that
we can be able to buy in fractions so it wont really be that not much an issue.
It's not too late to the party when the music's just getting started :)
The best time to plant the tree was yesterday and the second best time to plan it is today
If we buy Bitcoin right now, we will be earlier than 90% more people in the world, Few understand this.
Bitcoin is still a solid investment that should beat out most stock or bond returns in a balanced portfolio.
Just put money in every sats and don't look at the ups and downs.
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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 we need to consider the difference between Bitcoin and Altcoins. If an investor invests in bitcoin, what benefits will he get and what are the benefits of investing in altcoins should be taken into consideration. Investing in Bitcoin requires long-term investment as well as sufficient capital investment for ROI. It will depend mainly on the financial condition of an investor. I think if someone expects high profit by investing very small amount in bitcoin then he should choose an altcoin rather than investing in bitcoin. Though altcoins price movements dependent on Bitcoin price. But in terms of returns, altcoins can give more than bitcoin. All things considered, those who do long-term DCA with bitcoin they will be profitable.
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Due to the ever-increasing growth of the crypto market and the resulting renewed interest in tokens, non-enthusiasts are becoming attracted to cryptocurrencies. Due to the promotion and trend of this digital currency, many new investors are now starting to see profit opportunities. They are buying cryptocurrency in hopes of making a profit for themselves or their business. This new trend is helping to boost crypto market development and overall acceptance.
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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 we need to consider the difference between Bitcoin and Altcoins. If an investor invests in bitcoin, what benefits will he get and what are the benefits of investing in altcoins should be taken into consideration. Investing in Bitcoin requires long-term investment as well as sufficient capital investment for ROI. It will depend mainly on the financial condition of an investor. I think if someone expects high profit by investing very small amount in bitcoin then he should choose an altcoin rather than investing in bitcoin. Though altcoins price movements dependent on Bitcoin price. But in terms of returns, altcoins can give more than bitcoin. All things considered, those who do long-term DCA with bitcoin they will be profitable.
It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.
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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 we need to consider the difference between Bitcoin and Altcoins. If an investor invests in bitcoin, what benefits will he get and what are the benefits of investing in altcoins should be taken into consideration. Investing in Bitcoin requires long-term investment as well as sufficient capital investment for ROI. It will depend mainly on the financial condition of an investor. I think if someone expects high profit by investing very small amount in bitcoin then he should choose an altcoin rather than investing in bitcoin. Though altcoins price movements dependent on Bitcoin price. But in terms of returns, altcoins can give more than bitcoin. All things considered, those who do long-term DCA with bitcoin they will be profitable.
It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.
If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
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If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.
For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.
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If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.
For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.
If you just think about buying bitcoin at $20K in 2022 and selling it now at $59K, we have already made a lot of profit. Why don't you think about buying bitcoin in 2022 at $20K and selling it when bitcoin reaches ATH at $73K, then buying it again when there is a correction that goes down, then selling it again when the bitcoin price is back near ATH and you do this repeatedly, which one is more profitable.
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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 we need to consider the difference between Bitcoin and Altcoins. If an investor invests in bitcoin, what benefits will he get and what are the benefits of investing in altcoins should be taken into consideration. Investing in Bitcoin requires long-term investment as well as sufficient capital investment for ROI. It will depend mainly on the financial condition of an investor. I think if someone expects high profit by investing very small amount in bitcoin then he should choose an altcoin rather than investing in bitcoin. Though altcoins price movements dependent on Bitcoin price. But in terms of returns, altcoins can give more than bitcoin. All things considered, those who do long-term DCA with bitcoin they will be profitable.
It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.
If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
In fact, we can talk not only about trading on the stock exchange, you can’t even imagine how many opportunities there are on the Internet for earning money, just using all sorts of software for marketing you can earn money on this and much more, of course, all this costs money and not a little, but all this is also like an investment in yourself and can be equated in the same way as with trading, just in trading, let’s say, it only seems that everything is easy and simple, I have a friend who has been trading on the stock exchange for several years and a year ago he went to paid courses on trading, like thinking why? and then that trading is not so simple and you shouldn’t play with it like with a casino.
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If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.
For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.
If you just think about buying bitcoin at $20K in 2022 and selling it now at $59K, we have already made a lot of profit. Why don't you think about buying bitcoin in 2022 at $20K and selling it when bitcoin reaches ATH at $73K, then buying it again when there is a correction that goes down, then selling it again when the bitcoin price is back near ATH and you do this repeatedly, which one is more profitable.
I think the best way to do it when the price is corrected is the opportunity to buy it and when the price increases according to what we want, then it is to immediately sell it, then we will get the price difference that we can accept as profit. But that moment is not always there, actually when, after the halving period has passed then there is an opportunity to do that, because the movement continues to repeat up and down in the last few months, and maybe it will continue until the end of the year.
I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.
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I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.
Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....
If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.
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I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.
Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....
If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.
Short-term trading is indeed difficult and requires high focus because the risk is greater than long-term holding. Sometimes we also experience losses, I prefer trading for medium term because the risk level is lower by undergoing spot trading. If we have experience and expertise we can minimize the risk of trading, but this requires good analysis.
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I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.
Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....
If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.
Short-term trading is indeed difficult and requires high focus because the risk is greater than long-term holding. Sometimes we also experience losses, I prefer trading for medium term because the risk level is lower by undergoing spot trading. If we have experience and expertise we can minimize the risk of trading, but this requires good analysis.
If we have the experience and time to always monitor the market, maybe short-term trading is a good choice. but what you said investing for the medium term is the right choice, I think it's true because we can sell when there is a rise in the medium term and buy it back when it dumps.
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Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....
If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.
The Crypto market is very volatile, so if you choose short -term trading, you must really have experience and ideas in predicting prices in the short term, that is a difficult thing like many people say. If the problem of profits from short -term trade compared to the long term, if we are experts in short -term trade, I think we can get a higher profit than just long -term hold.
but what you said investing for the medium term is the right choice,
I also agree with this, Medium Term is a method that is widely used by those who have a little time to focus on trading, they buy and then determine the selling target.
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If we have the experience and time to always monitor the market, maybe short-term trading is a good choice. but what you said investing for the medium term is the right choice, I think it's true because we can sell when there is a rise in the medium term and buy it back when it dumps.
All investments are good, whether you choose short term, medium term or long term if you have the skills. Because short term requires better analysis than medium and long term. So it takes experience and knowledge to be a great short term trader.
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If we have the experience and time to always monitor the market, maybe short-term trading is a good choice. but what you said investing for the medium term is the right choice, I think it's true because we can sell when there is a rise in the medium term and buy it back when it dumps.
All investments are good, whether you choose short term, medium term or long term if you have the skills. Because short term requires better analysis than medium and long term. So it takes experience and knowledge to be a great short term trader.
As long as the investment is aimed at potential coins, it is certain that it will provide a very good contribution when doing it, Both for the short, medium and certainly the long term, which can be ascertained. But I agree that, for the short term, you must have a good analysis and, all must start with learning or practicing directly by starting with a small value so that you can find out where our weaknesses are and can be fixed in the future.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
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If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.
For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.
If you just think about buying bitcoin at $20K in 2022 and selling it now at $59K, we have already made a lot of profit. Why don't you think about buying bitcoin in 2022 at $20K and selling it when bitcoin reaches ATH at $73K, then buying it again when there is a correction that goes down, then selling it again when the bitcoin price is back near ATH and you do this repeatedly, which one is more profitable.
This idea is actually a profitable one but the consistency of it, like getting to buy when it falls and sell when it rise can be tricky. You may have understanding of the market very well before you can be able to make this work for you. Having knowledge of the market from beginning is great, but not having a target to buy and a target to sell can ruin the whole idea and may gain little or not profit in the long run. Market will play its game and will also have a huge impact on the decisions you’ve made and did not correlate with that of the market’s. Buying at the dip and selling when the price has rose to an ATH will be more effective when holding for a long period of time, 5-10 years time.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
I must be able to say that you say there is a point and if that happens when the heyday of Bounty, where since 2016-2018, after that until now I must say that bounty etc. which takes a long time. But when the heyday, if you can't collect, it is unfortunate that time is wasted, because, when the heyday, even though it does only Twitter is valued, let alone a signature. At this time, it seems that the signature has also been limited by the price value given.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
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but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
in my opinion, beginners with not much capital have plenty of things to do to earn whether that is to earn money or just knowledge anything is very beneficial and can be used as something to earn with i started my crypto journey with just the intention of learning at first and even without much capital i was able to join campaigns and be able to provide services that paid me in bitcoin which eventually what became of my holdings
the crypto ecosystem is really wide so depending on your skill set for sure you can find something that can suit you
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I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.
Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....
If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.
I think that both short term and long term trading have the same risk. Both trading style depends on the market trends, unfortunately, you may also experience a trend reversal on the day, or hour, weekly, monthly basis. There is Low Time (LTF) and High Time Frame (HTF) are used by traders to determine their entry and exit positions as the market can change within the time of your entry positions.There could be risk to any of these trading styles if the market trends changes.
In fact, Day traders( short time traders) frequently uses Low time Frame( LTF) to quickly close a trader once the prices move a little higher, while Long term Traders uses HTF with other Trading indicators to analyze the market trends. Whether Long term trade or Short term trades, remember that the crypto market can also experience a big dump at any time that could be risky to these Trading styles or patterns.
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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 we need to consider the difference between Bitcoin and Altcoins. If an investor invests in bitcoin, what benefits will he get and what are the benefits of investing in altcoins should be taken into consideration. Investing in Bitcoin requires long-term investment as well as sufficient capital investment for ROI. It will depend mainly on the financial condition of an investor. I think if someone expects high profit by investing very small amount in bitcoin then he should choose an altcoin rather than investing in bitcoin. Though altcoins price movements dependent on Bitcoin price. But in terms of returns, altcoins can give more than bitcoin. All things considered, those who do long-term DCA with bitcoin they will be profitable.
It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.
If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.
I totally agree with you. For a short-term investor has to keep track of every level of the market continuously which becomes a bit difficult for alternative income people. But I think long term investment is much easier as an investor will only have one alternative source of income which is business or job they will allocate a disposable portion of their salary to deposit bitcoins and build a large bitcoin pile over long term. If an investor accumulates bitcoins regularly in this manner, it can yield huge profits and also hold the holding till retirement.
I would also add that stacking Bitcoin is a valuable part of the wealth growth continuum for alternative income investors compared to stacking physical assets.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
Many people are still earning bitcoins from signature campaigns And those who are able to do this are really lucky because they are getting bitcoins at such price of bitcoins. I am also working myself and getting some bitcoins every week. I am trying to hold them but my financial situation does not allow me to hold all bitcoins. so I am holding for the future as much as possible.
Bitcoin is very expensive for us now but if we can't afford to buy Bitcoin now and if we can't save Bitcoin for the future then it will be more difficult for us to buy Bitcoin when Bitcoin is more expensive. so I think we still have time to invest in Bitcoin and hold for the future
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
- Why is the old traditional way to get profit for you? Is that if you are a long-term holder as an investor? Aren't there still many people using this method? Even if it's one of the things I'm doing now because it's also an effective method.
So the other investors who bought in 2016 who have not yet sold any bitcoins can say that their profit is somehow big if they have accumulated a large amount of
bitcoin this time.
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but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
in my opinion, beginners with not much capital have plenty of things to do to earn whether that is to earn money or just knowledge anything is very beneficial and can be used as something to earn with i started my crypto journey with just the intention of learning at first and even without much capital i was able to join campaigns and be able to provide services that paid me in bitcoin which eventually what became of my holdings
the crypto ecosystem is really wide so depending on your skill set for sure you can find something that can suit you
Bitcoin is one of the best expensive currency in crypto market. We also know that this valuable crypto will spread in all over the world. We know that crypto market always depending on up and down. We also saw that bitcoin price is now lower. So i think that if any person invest or hold in bitcoin, it will be best opportunity for hold.Because when again bitcoin price raises in cryptocurrency market, then we don’t invest easily.
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but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
in my opinion, beginners with not much capital have plenty of things to do to earn whether that is to earn money or just knowledge anything is very beneficial and can be used as something to earn with i started my crypto journey with just the intention of learning at first and even without much capital i was able to join campaigns and be able to provide services that paid me in bitcoin which eventually what became of my holdings
the crypto ecosystem is really wide so depending on your skill set for sure you can find something that can suit you
Bitcoin is one of the best expensive currency in crypto market. We also know that this valuable crypto will spread in all over the world. We know that crypto market always depending on up and down. We also saw that bitcoin price is now lower. So i think that if any person invest or hold in bitcoin, it will be best opportunity for hold.Because when again bitcoin price raises in cryptocurrency market, then we don’t invest easily.
It is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
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t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
I want to add that signature campaigns bring profit in absolute numbers, which is good for a crypto guy at the beginning. But trading allows you to multiply the deposit, which is good when a trader wants to multiply his savings in percentages. For example, twice. And this is cool when a crypto guy already has savings, but not at the beginning of the journey.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
I want to add that signature campaigns bring profit in absolute numbers, which is good for a crypto guy at the beginning. But trading allows you to multiply the deposit, which is good when a trader wants to multiply his savings in percentages. For example, twice. And this is cool when a crypto guy already has savings, but not at the beginning of the journey.
I got to know crypto by joining the signature campaign next door, I got a reward for me to use as capital to invest in crypto. In the past, bounties were very worth it, and now only mixer bounties are worth it, in my opinion. Because I also participate in airdrops and do trading.
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If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.
You're right. The best time to buy Bitcoin was in 2022-2023. At that time, Bitcoin price was below $20k. Sure, it is not too late to buy Bitcoin now but the profits won't be as high as if we bought Bitcoin in 2022-2023. Experienced investors must buy at that time, they must know the lowest price was in the bearish season. 2024 is the bullish season, but it is still the beginning of bullish season. No problem if we want to buy now. But we don't set too high target for profits.
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If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.
You're right. The best time to buy Bitcoin was in 2022-2023. At that time, Bitcoin price was below $20k. Sure, it is not too late to buy Bitcoin now but the profits won't be as high as if we bought Bitcoin in 2022-2023. Experienced investors must buy at that time, they must know the lowest price was in the bearish season. 2024 is the bullish season, but it is still the beginning of bullish season. No problem if we want to buy now. But we don't set too high target for profits.
If we have bought bitcoin in 2022 - 2023, our chances of getting a bigger profit compared to buying bitcoin this year, because currently the price of bitcoin is high. but at that time I only bought a little because my capital was not much, then gradually I bought bitcoin every week even though it was a little bit until now with the DCA method.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
I want to add that signature campaigns bring profit in absolute numbers, which is good for a crypto guy at the beginning. But trading allows you to multiply the deposit, which is good when a trader wants to multiply his savings in percentages. For example, twice. And this is cool when a crypto guy already has savings, but not at the beginning of the journey.
I got to know crypto by joining the signature campaign next door, I got a reward for me to use as capital to invest in crypto. In the past, bounties were very worth it, and now only mixer bounties are worth it, in my opinion. Because I also participate in airdrops and do trading.
Why only mixers? I think that all signature campaigns are good: casinos, mixers, wallets and any others. After all, this is the same way of advertising as all the others, only they give us, ordinary crypto guys, the opportunity to earn money.
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t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.
You should know that purchasing the asset during a bear market is among the most lucrative approaches which exist. Thus, when the cost per Bitcoin is relatively small, such as in 2022 and 2023, it could be beneficial to purchase the currency under the assumption that the price shall increase in the near future. Nevertheless, there is profit for him in this opportunity and it will not be so lofty as some years ago but 1 or 2 years ago opportunity is also absent.
All the same, it has to be pointed out that with Bitcoin trading, it is not a one-day affair and may require a long-term action plan. The performance of a good investment is usually demonstrated by the ability of an investor to remain insensitive to price fluctuations and hold his/her assets in the investment during volatile moments. Therefore, while investing, one may not get the same amount of profit as would have been achieved if one had invested at the lowest point, but the gains are good if one stays put and believes in it for a longer period of time.
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t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.
You should know that purchasing the asset during a bear market is among the most lucrative approaches which exist. Thus, when the cost per Bitcoin is relatively small, such as in 2022 and 2023, it could be beneficial to purchase the currency under the assumption that the price shall increase in the near future. Nevertheless, there is profit for him in this opportunity and it will not be so lofty as some years ago but 1 or 2 years ago opportunity is also absent.
All the same, it has to be pointed out that with Bitcoin trading, it is not a one-day affair and may require a long-term action plan. The performance of a good investment is usually demonstrated by the ability of an investor to remain insensitive to price fluctuations and hold his/her assets in the investment during volatile moments. Therefore, while investing, one may not get the same amount of profit as would have been achieved if one had invested at the lowest point, but the gains are good if one stays put and believes in it for a longer period of time.
You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.
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It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.
True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.
I want to add that signature campaigns bring profit in absolute numbers, which is good for a crypto guy at the beginning. But trading allows you to multiply the deposit, which is good when a trader wants to multiply his savings in percentages. For example, twice. And this is cool when a crypto guy already has savings, but not at the beginning of the journey.
I got to know crypto by joining the signature campaign next door, I got a reward for me to use as capital to invest in crypto. In the past, bounties were very worth it, and now only mixer bounties are worth it, in my opinion. Because I also participate in airdrops and do trading.
Why only mixers? I think that all signature campaigns are good: casinos, mixers, wallets and any others. After all, this is the same way of advertising as all the others, only they give us, ordinary crypto guys, the opportunity to earn money.
You are right that all signature campaigns are equally good, but for now what the colleague said above also makes sense because at the moment there are no and even rare signature campaigns that can pay properly, there are always problems so that they are not paid. For now, only mixers seem to be making a good contribution who knows when there will be something like this again, or will it return to the past? But it is also doubtful because of the onslaught of telegrams that are rampant at the moment.
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Why only mixers? I think that all signature campaigns are good: casinos, mixers, wallets and any others. After all, this is the same way of advertising as all the others, only they give us, ordinary crypto guys, the opportunity to earn money.
You are right that all signature campaigns are equally good, but for now what the colleague said above also makes sense because at the moment there are no and even rare signature campaigns that can pay properly, there are always problems so that they are not paid. For now, only mixers seem to be making a good contribution who knows when there will be something like this again, or will it return to the past? But it is also doubtful because of the onslaught of telegrams that are rampant at the moment.
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Airdrop via Telegram is currently popular and many friends are participating in it, but I focus more on the paid BTC bounty campaign because it is clearer and will definitely be paid, this is more valuable than Telegram where we don't know whether it will really be paid or just a waste of time.
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You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.
Trading and investing are of course two different things entirely. Traders take note of a lot of things like market movements , price actions, news and many other factors that affect the market. Whether day trader or swing trader, they all need crucial understanding of the way the Market works in order for them to trade profitably. Unlike traders that do a lot of research and apply different strategies, HODLers or say bitcoin investors just put their their coins in their wallet , sit back and watch price play.
HODLERs really don't have concerns with little shifts in price unlike traders do. Anyways the fact remains that hodling is far easier than trading because of technicalities.
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You are right that all signature campaigns are equally good, but for now what the colleague said above also makes sense because at the moment there are no and even rare signature campaigns that can pay properly, there are always problems so that they are not paid. For now, only mixers seem to be making a good contribution who knows when there will be something like this again, or will it return to the past? But it is also doubtful because of the onslaught of telegrams that are rampant at the moment.
How much BM should pay for the participants to be categorized as "proper payment"? :-\
If you refer to signature campaign paid in Bitcoin, I think BM paid us with proper payment. Sure, it may be less than the payment of the signatures in the past. However, we must realize that it is still worth to do. However if you refer to signature campaign paid in altcoins, I agree it is rarely to pay with a proper amount of money.
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There is something wrong with your "quote".
Kindly correct it, mate! It looks unsightly. ;)
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Airdrop via Telegram is currently popular and many friends are participating in it, but I focus more on the paid BTC bounty campaign because it is clearer and will definitely be paid, this is more valuable than Telegram where we don't know whether it will really be paid or just a waste of time.
It is true that BTC bounty campaigns tend to be more reliable than airdrops on Telegram. With BTC, we know the value we get is more stable and clear, so the risk of being wasted is smaller. In addition, bounty campaigns are usually supported by larger and more organized projects, so transparency and clarity of payment are more maintained than airdrop results from Telegram which have no guarantee of being paid.
That way, we can focus more on maximizing efforts in activities that provide real results and avoid potential fraud that often appears in Telegram airdrops.
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Airdrop via Telegram is currently popular and many friends are participating in it, but I focus more on the paid BTC bounty campaign because it is clearer and will definitely be paid, this is more valuable than Telegram where we don't know whether it will really be paid or just a waste of time.
It is true that BTC bounty campaigns tend to be more reliable than airdrops on Telegram. With BTC, we know the value we get is more stable and clear, so the risk of being wasted is smaller. In addition, bounty campaigns are usually supported by larger and more organized projects, so transparency and clarity of payment are more maintained than airdrop results from Telegram which have no guarantee of being paid.
That way, we can focus more on maximizing efforts in activities that provide real results and avoid potential fraud that often appears in Telegram airdrops.
Currently telegram airdrop is hype and many people are participating there. so maybe the popularity of bounty has started to shift and replaced by airdrop. Except for the paid BTC bounty campaign which is widely followed by members here. Payments are clear every week and guaranteed, so bounty mixer lovers are still big in this forum.
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You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.
Trading and investing are of course two different things entirely. Traders take note of a lot of things like market movements , price actions, news and many other factors that affect the market. Whether day trader or swing trader, they all need crucial understanding of the way the Market works in order for them to trade profitably. Unlike traders that do a lot of research and apply different strategies, HODLers or say bitcoin investors just put their their coins in their wallet , sit back and watch price play.
HODLERs really don't have concerns with little shifts in price unlike traders do. Anyways the fact remains that hodling is far easier than trading because of technicalities.
- Remember that there are only two types of holders of Bitcoin or cryptocurrency: ahor and long-term holders. And what you're saying is that they don't have to have problems or worry about what's happening in the market if they are long-term holders.
But the short-term ones care about what's happening in the market, and it's really just a bit risky because it requires you to be able to understand the market or read the graph chart here in the crypto exchange.
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You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.
Trading and investing are of course two different things entirely. Traders take note of a lot of things like market movements , price actions, news and many other factors that affect the market. Whether day trader or swing trader, they all need crucial understanding of the way the Market works in order for them to trade profitably. Unlike traders that do a lot of research and apply different strategies, HODLers or say bitcoin investors just put their their coins in their wallet , sit back and watch price play.
HODLERs really don't have concerns with little shifts in price unlike traders do. Anyways the fact remains that hodling is far easier than trading because of technicalities.
- Remember that there are only two types of holders of Bitcoin or cryptocurrency: ahor and long-term holders. And what you're saying is that they don't have to have problems or worry about what's happening in the market if they are long-term holders.
But the short-term ones care about what's happening in the market, and it's really just a bit risky because it requires you to be able to understand the market or read the graph chart here in the crypto exchange.
I want to note one funny fact. Long-term holders as well as short-term holders constantly check the price of Bitcoin and they worry about all the changes in the value of Bitcoin in the market. This is because all long-term holders have a goal. They expect Bitcoin to be worth a certain price, for example 100k. And it may well be that tomorrow there will be crazy volatility and it will cost so much. Therefore, long-term investors do not forget to check the price every day.
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It is true that BTC bounty campaigns tend to be more reliable than airdrops on Telegram. With BTC, we know the value we get is more stable and clear, so the risk of being wasted is smaller. In addition, bounty campaigns are usually supported by larger and more organized projects, so transparency and clarity of payment are more maintained than airdrop results from Telegram which have no guarantee of being paid.
Of course, BTC campaign has a clear payment. We can get the payment regularly and we can convert it to fiats every time we want. The amount of money we can get from the campaign paid in BTC is good enough. I think it is quite good amount of money. So, it is no doubt that campaign paid in BTC is better than airdrops. There are still very little number of airdrops that can really give us good amount of money. Most of the airdrops just ended up with scams.
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t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.
Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.
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Of course, BTC campaign has a clear payment. We can get the payment regularly and we can convert it to fiats every time we want. The amount of money we can get from the campaign paid in BTC is good enough. I think it is quite good amount of money. So, it is no doubt that campaign paid in BTC is better than airdrops. There are still very little number of airdrops that can really give us good amount of money. Most of the airdrops just ended up with scams.
Bitcoin receiving from campaign its good enough capital use for holding exactly with current bitcoin price still drop, its not problem because reward from bitcoin campaign have exact amount based on fiat values but depend how bitcoin price will receive in our wallet. Its only easily way right now earn bitcoin from campaign get regular payment every week and ability to be our bitcoin holding in the future when price reach higher price get double or increasing our payment rate.
Bitcoin campaign have surely when payment receiving and how much landed in our wallet, difference with airdrop not get exact date when distributing until how much reward earning.
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As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.
Yep. We can buy with little money because it is not a must to buy 1 BTC. :D
We can do DCA and hold for a long term. There are many people who do this and they can be successful with Bitcoin investment in this way.
Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.
It is very wrong mindset that people assume Bitcoin is expensive. They mustn't understand Bitcoin well, they may assume people to buy 1 BTC whenever they buy Bitcoin. If people understand Bitcoin, they must know that they can buy Bitcoin although they have $50 only. Altcoins can be cheaper but Bitcoin is still the most recommended investment in crypto. Bitcoin is always in the 1st rank, Bitcoin has the highest market caps. And Bitcoin is the most crypto adopted in many fields in our life.
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t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.
Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.
altcoin prices are indeed cheaper than abitcoin, the risk is indeed greater than bitcoin but don't forget the benefits provided by altcoin are greater than bitcoin. I also invest in both and can compare with the same capital the benefits of investing in altcoin are greater.
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altcoin prices are indeed cheaper than abitcoin, the risk is indeed greater than bitcoin but don't forget the benefits provided by altcoin are greater than bitcoin. I also invest in both and can compare with the same capital the benefits of investing in altcoin are greater.
yes if you pick the right altcoin which is typically not the easiest thing to do not only would you have to pick the right altcoin to invest in, you would also need to make the right decisions at the right timing there’s a lot of variables at play which can give you more profit in altcoins rather than in bitcoin
you will gain more profit in altcoin in short term but if we are to talk about long term then bitcoin is definitely more profitable out of the two
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t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.
As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.
Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.
altcoin prices are indeed cheaper than abitcoin, the risk is indeed greater than bitcoin but don't forget the benefits provided by altcoin are greater than bitcoin. I also invest in both and can compare with the same capital the benefits of investing in altcoin are greater.
Indeed, if you look at the price of altcoin, it is cheaper than bitcoin, but it is true that you said could that the increase if it goes up could be several times more than bitcoin and that is real. So if someone says holding altcoin is not profitable and smaller than bitcoin, it is certainly not entirely true. Because for potential altcoins it is certain that if there is an increase it will be higher than the increase in bitcoin.
So holding altcoins is not wrong, but you have to analyze it properly because many altcoins are also difficult to increase.
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In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC
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In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC
If you wanted to have that less risk then Bitcoin would be your best choice but dont make yourself believe that there would really be an assurance that you could make out sure profits on which we know that when it comes to crypto investment then there's no assurance when it comes into this manner. Always invest on the amount on which you can afford to lose and never make yourself having this kind of mentality about making investment as if you are really that doing gambling and really making some all in kind of investment. If it turns out that this one is expensive for you
then always consider out that you can buy in fractions and not necesarily needed for you to have a whole coin but making up some accumulation isnt that a bad idea.
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altcoin prices are indeed cheaper than abitcoin, the risk is indeed greater than bitcoin but don't forget the benefits provided by altcoin are greater than bitcoin. I also invest in both and can compare with the same capital the benefits of investing in altcoin are greater.
The decision to invest in Bitcoin or altcoin I don't think is majorly determined by which of them is more profitable but the intention of the investor. For instance, when an investor wants to make a long term investment, Bitcoin is and will always be the better option and that's because of it's less volatile and have higher liquidity ratio than altcoins. Altcoins have lower liquidity ratio and are more susceptible to sharp movements which might be negative or positive so it's always a better option for short term investors.
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altcoin prices are indeed cheaper than abitcoin, the risk is indeed greater than bitcoin but don't forget the benefits provided by altcoin are greater than bitcoin. I also invest in both and can compare with the same capital the benefits of investing in altcoin are greater.
The decision to invest in Bitcoin or altcoin I don't think is majorly determined by which of them is more profitable but the intention of the investor. For instance, when an investor wants to make a long term investment, Bitcoin is and will always be the better option and that's because of it's less volatile and have higher liquidity ratio than altcoins. Altcoins have lower liquidity ratio and are more susceptible to sharp movements which might be negative or positive so it's always a better option for short term investors.
Well, I believe that choices or whether which one is more worthwhile are far more about one investor’s objectives as well as plans as compare to the other. However, if one is to look at the long term, Bitcoin is a better investment because its stability and visibility is much more certain than any other altcoins out there. Meanwhile, altcoins are usually less stable meaning that they might be more appealing to those individuals willing to take bigger risks in short term, obviously at the price of bigger risks. It sums up to the investor’s aim right from the start, whether they are willing to keep it conservative and modest, or go for the big wins in the shortest time possible.
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For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto
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For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto
We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.
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For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto
We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.
I agree with you in trading and investing we must have a plan, but we should first learn knowledge about crypto if we are newbies because there is a lot of knowledge that we must understand about crypto, In trading we also have to learn fundamental and technical analysis, so that we can make an analysis.
so in investing we must really understand all of that.
responding to the OP who discussed bitcoin being too expensive, we don't have to buy a lot but adjust it to our abilities, because the price of bitcoin will be more expensive.
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For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto
We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.
I agree with you in trading and investing we must have a plan, but we should first learn knowledge about crypto if we are newbies because there is a lot of knowledge that we must understand about crypto, In trading we also have to learn fundamental and technical analysis, so that we can make an analysis.
so in investing we must really understand all of that.
responding to the OP who discussed bitcoin being too expensive, we don't have to buy a lot but adjust it to our abilities, because the price of bitcoin will be more expensive.
I also agree with you, trading or investing must have basic concepts. Should have good knowledge of fundamental and technical analysis of works. Because you need basic and technical knowledge in crypto market research. Without these, market research is very difficult, and there is a risk of losing if the market is not researched properly.
Bitcoin is a very promising currency, we can only profit by investing in this currency for long term. But while short-term investing carries more risk, Bitcoin always benefits an investor in the long-term. Also the future potential of Bitcoin is very high. So in case of Bitcoin investment one should start investing from the amount that one can afford to lose. And of course it should be for a long time.
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For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto
We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.
I agree with you in trading and investing we must have a plan, but we should first learn knowledge about crypto if we are newbies because there is a lot of knowledge that we must understand about crypto, In trading we also have to learn fundamental and technical analysis, so that we can make an analysis.
so in investing we must really understand all of that.
responding to the OP who discussed bitcoin being too expensive, we don't have to buy a lot but adjust it to our abilities, because the price of bitcoin will be more expensive.
Yeah fun fact is that if we don't buy today we might find prices more than what we have right now so yeah maybe there are another ways to accumulate Bitcoins without buying just like signature campaigns or offering services in exchange for Bitcoin. And I agree with you that we badly need enough knowledge to better understand trading especially the fundamental and technical analysis which is the most complicated skills we need to learn
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having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.
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having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.
In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.
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having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.
In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.
It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
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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 myself would choose Bitcoin because altcoins will not necessarily increase in price in the future and of course Bitcoin will continue to be a cryptocurrency that continues to be traded because Bitcoin is the first cryptocurrency created. As for altcoins, I don't really understand how investors buy them and invest their funds, I'm afraid that the altcoins will turn into a scam and the investor's funds will definitely be lost.
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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.
It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
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It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
Newbies need time to be able to calm down and control bad emotions, because it is not easy for newbies to understand the character of coins and the crypto market, that is a reality that we often see because the crypto market is very volatile. Bitcoin is indeed expensive now and will be even more expensive in the future following the 4-year cycle.
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having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.
In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.
Talking about the advantages and disadvantages of investing in bitcoin, we also have to consider the right time to buy and sell bitcoin. Although the price of bitcoin is getting more expensive, if we buy at the wrong time we will be trapped and have to wait a long time to get profit.
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Although the price of bitcoin is getting more expensive, if we buy at the wrong time we will be trapped and have to wait a long time to get profit.
That's only the case if you are buying bitcoin with the intention of s short to mid term holding. But, if you ra ebuying with the intention to hold at least one cycle, time when you buy bitcoin is not so important and in that case DCA investing method makes the most sense.
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having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.
In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.
Talking about the advantages and disadvantages of investing in bitcoin, we also have to consider the right time to buy and sell bitcoin. Although the price of bitcoin is getting more expensive, if we buy at the wrong time we will be trapped and have to wait a long time to get profit.
..Or we use the money we are willing to invest no matter the price, and we are all right in the long run.
BTC is not meant to be - traded - in my opinion in its current form, though it's possible.
BTC is the king when it comes to a stable long-term investment.
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For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto
This is the more reason many investors choose bitcoin investments. It's far easier than investing in majority of altcoins. When investing in bitcoin the main thing you really need is security of your funds and also understanding how bitcoin investments actually work. Bitcoin doesn't multiply or dip exponentially over a short period of time like some alt coins out there possible of doing 10X in just a short period of time.
Bitcoin holders are more of long term hodlers since bitcoin tends to have better returns over a longer term of Hodling than short term. So personally I'll say if you really intend to HODL for long term without worrying about charts, bitcoin is the perfect choice.
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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.
I agree. Because if you have a small amount of BTC, it will be more profitable than having a large amount of Altcoin. Especially if you are a long-term investor. It will be very profitable if you have BTC today and hold it and sell it in the future. Because Even though BTC is unstable at times, there will definitely be times when it will be stable and the price will soar and it will be a profit for investors who hold it in large or small amounts.
Altcoins are also not as bad as we imagine, where Altcoins have provided many benefits. for short-term investors. Where short-term investors prefer altcoins because their prices tend to be cheaper and more stable than BTC
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I agree. Because if you have a small amount of BTC, it will be more profitable than having a large amount of Altcoin. Especially if you are a long-term investor. It will be very profitable if you have BTC today and hold it and sell it in the future. Because Even though BTC is unstable at times, there will definitely be times when it will be stable and the price will soar and it will be a profit for investors who hold it in large or small amounts.
Altcoins are also not as bad as we imagine, where Altcoins have provided many benefits. for short-term investors. Where short-term investors prefer altcoins because their prices tend to be cheaper and more stable than BTC
Depend on how much progress movement between altcoin and bitcoin, not matter with your small amount of bitcoin or large amount of altcoin if increasing both of them small earn small profitable. I think bitcoin have good movement and keep stable for raising higher price, but difference when holding altcoin have high risk but get high return with usually movement of altcoin very significant than bitcoin.
In my opinion, if have small capital will invest in altcoin because get easily increasing to higher price but if small capital better and secure when investing in bitcoin.
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In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC
You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.
I think Bitcoin isn't expensive because we can buy at any money we have. It is not a must to buy 1 BTC, we can buy 0,001 Bitcoin. We don't need to spend thousands of dollars to buy Bitcoin. We can do DCA if we have limited funds. With DCA, we can buy Bitcoin with any amount of money.
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You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.
No doubt about that, if you want more stable, more convincing way to invest cryptocurrency, bitcoin should be the first thing to invest. Although, it is recommended to diverse your money and invest on other promising and established projects.
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In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC
You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.
I think Bitcoin isn't expensive because we can buy at any money we have. It is not a must to buy 1 BTC, we can buy 0,001 Bitcoin. We don't need to spend thousands of dollars to buy Bitcoin. We can do DCA if we have limited funds. With DCA, we can buy Bitcoin with any amount of money.
The DCA method is a method that is widely done by investors and is quite popular at this time, I also use it to purchase bitcoin and potential altcoin. We can buy bitcoin according to the money we have and we can buy with the DCA method. Many we can do to get capital to buy Bitcoin, can trade, join Airdrop and Bounty Campaign.
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There is no need waiting for Bitcoin to dump hard or come very low to suit your anyone's pocket, if you are still waiting, wait no further because Bitcoin will be growing gradually till it becomes very expensive to purchase.
As at today, the price of Bitcoin,in my opinion, is still an open opportunity to buy for the long term. Remember that there are still individuals that has been Holding since 2018 and still counting, this is my candid advice, Bitcoin is not expensive yet, so step in and get your share today to the moon.
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In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC
You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.
I think Bitcoin isn't expensive because we can buy at any money we have. It is not a must to buy 1 BTC, we can buy 0,001 Bitcoin. We don't need to spend thousands of dollars to buy Bitcoin. We can do DCA if we have limited funds. With DCA, we can buy Bitcoin with any amount of money.
The DCA method is a method that is widely done by investors and is quite popular at this time, I also use it to purchase bitcoin and potential altcoin. We can buy bitcoin according to the money we have and we can buy with the DCA method. Many we can do to get capital to buy Bitcoin, can trade, join Airdrop and Bounty Campaign.
Indeed, With this method, many investors have benefited when it comes to managing risks resulting from market volatility especially in cryptocurrencies. Thus it is possible to accumulate a position in bitcoin or a potential altcoin without the anxiety of having the timing of when to enter the market right. Also, by investing such amount of money we have, one can establish a crypto basis or portfolio uniformly, not crises due to a high or low value of the constituent coins.
Thus, there are also airdrops and bounty campaigns to receive crypto without a big amount of money, aside from trading. But as always, one should be really cautious and always do one’s homework on these activities as not all the airdrops or bounties are somewhat shady.
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There is no need waiting for Bitcoin to dump hard or come very low to suit your anyone's pocket, if you are still waiting, wait no further because Bitcoin will be growing gradually till it becomes very expensive to purchase.
As at today, the price of Bitcoin,in my opinion, is still an open opportunity to buy for the long term. Remember that there are still individuals that has been Holding since 2018 and still counting, this is my candid advice, Bitcoin is not expensive yet, so step in and get your share today to the moon.
Bitcoin can be bought with the money we have even though it is only 410 so there is no need to worry about the increasingly high price of bitcoin. I agree with us not having to wait to have a large capital, but buy it gradually with the DCA method. The sooner we start collecting crypto assets the greater the benefits we will receive in the future.
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having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.
In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.
It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.
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Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
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Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
Agreed, we must always be calm and patient is very important to retain the feature that all the decisions are made knowingly and not emotionally. Besides, Bitcoin can be consider as a strong investment, however there should be stronger diversification in order to minimize the risks. Investing in the highest ranking altcoins can be more benefecial for portfolio because besides the freedom of higher gains they are also less risky than investing in unknown or less popular coins. It also can reduce the risk of losing money on investments by sharply fluctuating on a particular asset on the market.
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As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.
If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.
Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.
As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
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As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.
If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.
Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.
As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
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As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.
If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.
Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.
As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
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As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.
If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.
Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.
As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
Doing diversification on investing in crypto is the best way to increase the chances of getting profit because we choose some potential coins both bitcoin and altcoin, of course the top coins and we have observed the coins and made an analysis. because before choosing a coin, you should observe and the character of the coin in the market and we can compare it with the previous cycle.
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As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.
If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.
Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.
As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
Doing diversification on investing in crypto is the best way to increase the chances of getting profit because we choose some potential coins both bitcoin and altcoin, of course the top coins and we have observed the coins and made an analysis. because before choosing a coin, you should observe and the character of the coin in the market and we can compare it with the previous cycle.
Diversification would really be always the best thing to be done when you do make out some investment on which its not really that limited to crypto but also into other traditional investment as well. It will really be that something normal to have or you do need to consider on which making up diversification do really have that much less riskier but you will really be needing up more capital on doing so on which we know that not all would really be having when we do speak about capital. Its really that important that you should really be considering out on accepting those risks involved because in every investment you do made will having that risks on which its normal.
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I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.
The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
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Welcome to the forum! It’s great to see your interest in crypto. Bitcoin can seem expensive, but remember, you don’t have to buy a whole coin—you can purchase a fraction of it!
If you’re just starting out, it might be worth considering a mix: buy a small amount of Bitcoin for its long-term potential and explore some altcoins that fit your budget. Altcoins can offer exciting opportunities, especially if you do your research. Just make sure to invest what you can afford to lose, and enjoy the journey into the crypto world!
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Diversification would really be always the best thing to be done when you do make out some investment on which its not really that limited to crypto but also into other traditional investment as well. It will really be that something normal to have or you do need to consider on which making up diversification do really have that much less riskier but you will really be needing up more capital on doing so on which we know that not all would really be having when we do speak about capital. Its really that important that you should really be considering out on accepting those risks involved because in every investment you do made will having that risks on which its normal.
Actually, we can diversify with the same capital, just divided into several coins, so it doesn't need a large capital, mate. For example, a capital of $ 1K is divided into the top 5 coins bitcoin, ethereum, BNB, Solanan and TON all $ 200. This is also possible and we can increase the opportunity to gain more profit, because we divide it into the 5 coins above.
Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.
The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Of course, large capital owners who want to invest in crypto will prefer Bitcoin because it is safer and has the potential to get higher profits, although not as big as if we invested in altcoins, because the risk of altcoins is higher with relatively unstable prices.
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Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
Bad emotion control, mean bad decision. When we can't control emotion, we may feel illogically. Any people who want to invest or trade in crypto, they must have good emotion control. I think it is one of the requirements for doing any jobs in crypto. It is also the key to succeed in crypto.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
It is not a must to diversify assets in crypto. But it is good that we want to diversify assets in crypto and in non crypto. Some people invest in crypto and in physical assets, too. I think it is a wise decision although it is no wrong if people want to diversify on potential 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?.
Hey there! It’s great to see you getting involved in crypto! Bitcoin can seem pricey, but remember, you don’t have to buy a whole coin—you can buy a fraction of it. That said, if you’re looking for more bang for your buck, exploring altcoins could be a good move, especially if you find projects with solid potential. Just make sure to do your research and understand what you’re investing in. Diversifying your investments can also help spread the risk. Whatever you choose, just invest what you can afford to lose and enjoy the journey!
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Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.
The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Yes you are right Bitcoin is widely accepted and easy to buy and sell making it appealing to big investors. Its value and stability make it good choice for cautious investors. By the way it is important to diversify your investment as many other cryptocurrencies means in altcoins have great option or you can say good strategy.
Bitcoin high price can scare new investors leading them to consider alternatives like AVAX NEAR DOT BNB ETH POL or other popular coins or memecoins. These options offer more noticeable ownership. This shows how emotions like greed and fear of missing out can affect investment decisions.
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Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.
The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Yes you are right Bitcoin is widely accepted and easy to buy and sell making it appealing to big investors. Its value and stability make it good choice for cautious investors. By the way it is important to diversify your investment as many other cryptocurrencies means in altcoins have great option or you can say good strategy.
Bitcoin high price can scare new investors leading them to consider alternatives like AVAX NEAR DOT BNB ETH POL or other popular coins or memecoins. These options offer more noticeable ownership. This shows how emotions like greed and fear of missing out can affect investment decisions.
Bitcoin has always been the main choice for big investors because bitcoin is safer and of course it is certain to get profit if investing in bitcoin because the price of bitcoin will be more expensive if held for a long time. And diversification is a way to increase our chances of getting profit by investing in a choice of several potential coins.
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Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.
The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Yes you are right Bitcoin is widely accepted and easy to buy and sell making it appealing to big investors. Its value and stability make it good choice for cautious investors. By the way it is important to diversify your investment as many other cryptocurrencies means in altcoins have great option or you can say good strategy.
Bitcoin high price can scare new investors leading them to consider alternatives like AVAX NEAR DOT BNB ETH POL or other popular coins or memecoins. These options offer more noticeable ownership. This shows how emotions like greed and fear of missing out can affect investment decisions.
Bitcoin has always been the main choice for big investors because bitcoin is safer and of course it is certain to get profit if investing in bitcoin because the price of bitcoin will be more expensive if held for a long time. And diversification is a way to increase our chances of getting profit by investing in a choice of several potential coins.
no doubt bitcoin is always the safest choice in investing and top coins as coins [choice to diversify, I also invest more than 10 coins because I prefer to spread my capital on many assets, although it takes time to always watch the market because some of my coins are for short and medium term.
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Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
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Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
People should remember that they should trade and invest their funds responsibly - BTC is a more stable investment, alts can be traded and invested too especially the old ones - but they have a bit more potential in them, with risks intact.
Everybody can choose what suits them best on the market.
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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.
I agree with you. It's better to have a little bitcoin but it will benefit us in the future. Because Bitcoin will be more profitable in the long term investment
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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.
I agree with you. It's better to have a little bitcoin but it will benefit us in the future. Because Bitcoin will be more profitable in the long term investment
It's because of the mentality that we should be holding at least 1 Bitcoin in our wallet. That has been the ultimate goal of everyone, to join the 1 Bitcoin club. That's why there are small investors who thinks that Bitcoin is going to be expensive for them.
And if you look the numbers here,
(https://www.talkimg.com/images/2024/10/08/i89tZ.png)
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Only a small percentages actually hold 1 Bitcoin and higher. And again, after that we are the majority so it's not about if you can get into the 1 Bitcoin club, it's how many you can actually save before the price really goes up to the $1 million in the next 3-4 halvings.
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The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
Emotional control is very important in investing and experience will teach us to be able to control it. I also often have difficulty controlling my emotions even though I have been in crypto for a long time.
responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.
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The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
Emotional control is very important in investing and experience will teach us to be able to control it. I also often have difficulty controlling my emotions even though I have been in crypto for a long time.
responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.
Well, It is true that controlling emotions while investing is one problem for many investors and it is not as simple as we think let alone in the volatile crypto space. Often experience will do, but the discipline of bringing application to investments is also necessary. Preservation of emotional health can be achieved through the willful adherence to long-term goals as opposed to been influenced by emotions to perform trades, because of short term market volatilities. Frequently, bitcoin is viewed as more secure due to its fixed rates in the long run, but alt can give even greater earnings if properly controlled and purchased at the proper time. Therefore by being patient and working at those two areas more, they also need to ensure they always adhere to the well laid strategy.
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The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
Emotional control is very important in investing and experience will teach us to be able to control it. I also often have difficulty controlling my emotions even though I have been in crypto for a long time.
responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.
Well, It is true that controlling emotions while investing is one problem for many investors and it is not as simple as we think let alone in the volatile crypto space. Often experience will do, but the discipline of bringing application to investments is also necessary. Preservation of emotional health can be achieved through the willful adherence to long-term goals as opposed to been influenced by emotions to perform trades, because of short term market volatilities. Frequently, bitcoin is viewed as more secure due to its fixed rates in the long run, but alt can give even greater earnings if properly controlled and purchased at the proper time. Therefore by being patient and working at those two areas more, they also need to ensure they always adhere to the well laid strategy.
Previously, the disadvantage of Bitcoin was that it was very non-volatile, and the reason why many people went to altcoins was precisely their increased volatility. But now it is not so simple - Bitcoin even today shows strong price changes. And among the altcoins there is both reliable and strong Ethereum, and shitcoins, memecoins.
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In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC
Yes..
This is certainly a good point to pick at considering the fact that bitcoin is more expemsive in price than altcoin,it is still better to purchasebitcoin rather than purchasing altcoinm
This is seemingly because bitcoin has a surer future than that of altcoim in the crypto world.
So therefore,it is advisable to purchase bitcoin rather than altcoin despite expensive ,it still has a surer chance to illuminate in the charts.
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The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
Actually, both investors or traders must have good emotion control when they want to join crypto. In crypto, the prices are very volatile and sometimes unpredictable. It will be hard to deal with this situation if people have no good emotion control. Although emotion is human nature, but we can manage it with our knowledge.
Yep, Bitcoin has a smaller risk compared than Altcoins. However altcoins offer higher profits because they have higher volatility. If we want to get higher profits, we can try to invest in altcoins as well. But there is no problem if someone wants to invest in Bitcoin only. ;)
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responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.
I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
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Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.
People should remember that they should trade and invest their funds responsibly - BTC is a more stable investment, alts can be traded and invested too especially the old ones - but they have a bit more potential in them, with risks intact.
Everybody can choose what suits them best on the market.
Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.
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Like a bro here have just said, I wouldn't advice you as a newbie to rush the purchase of a Bitcoin or any altcoin you just have to stay focused you have to gain very good knowledge of which so ever you want cause this altcoins can change at anytime and if you are not smart enough your funds would be gone.
So calm down and watch the crypto market and pay clear attention to anyone you think would be better and more profitable.
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Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.
Bitcoin is the only one cryptocurrency assets have small risk for investment not matter as short or long term, I don't think with problem of bitcoin have reach most expensive price but consistent keep faster recovery when going down than altcoin very difficult break to the higher price any more. Better investing in bitcoin not problem how most expensive price of bitcoin raise up until right now around $66k but bitcoin have consistent recovering to higher price.
If you want make investment with altcoin have cheapest price but can't guarantee will easily recovery or back to higher price in the future not matter how long keep hold it.
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I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.
Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.
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Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.
Bitcoin is the only one cryptocurrency assets have small risk for investment not matter as short or long term, I don't think with problem of bitcoin have reach most expensive price but consistent keep faster recovery when going down than altcoin very difficult break to the higher price any more. Better investing in bitcoin not problem how most expensive price of bitcoin raise up until right now around $66k but bitcoin have consistent recovering to higher price.
If you want make investment with altcoin have cheapest price but can't guarantee will easily recovery or back to higher price in the future not matter how long keep hold it.
that's the reality, bitcoin always recovers when it experiences a price drop. Bitcoiin is the safest coin to invest in and it is always a priority for crypto lovers. Bitcoin will always recover first and not all altcoins can follow it and that's the fact. Many investors believe in bitcoin more than altcoins, I think that's natural. because bitcoin is the king of crypto currency and altcoins are just its followers.
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I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.
Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.
Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.
ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.
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I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.
Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.
Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.
ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.
Well, That is why choosing Bitcoin as a long-term investment can be a wise decision that much depends on our capabilities to work with fluctuations in prices and earned profit during a bullish phase. Other than depending on the sales goals in a bullish market, it is also possible to adopt the following general diversification. For instance, we can invest a very small percentage of the entire portfolio in other more traditional and less risky tokens like stablecoins or some of the altcoins that may take time to see their growth. In this structure, we do not rely on this one asset but also have several other potential assets so that profit making will be easier when dealing with the uncertainties of the market.
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I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.
Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.
Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.
ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.
But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.
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I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.
Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.
Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.
ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.
But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.
When BTC rallies for real, so will ETH.
We should hold onto our bags for now, in my opinion.
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But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.
Since dropping under $2,1k ethereum price have difficulty for following the bitcoin price movement, usually only Ethereum as top altcoin get faster recovery after following bitcoin price raise to higher price but have been last three months Ethereum have stable or lower price than usually get easily recovery.
I am holding Ethereum after investing on higher price but keep believing with Ethereum have potential break to higher price later around few weeks or few months later depend how much price increasing of bitcoin, will bounce again above $70k and break to $80k?
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When BTC rallies for real, so will ETH.
We should hold onto our bags for now, in my opinion.
This hypothesis of the crypto market is changing. I'm not sure if you have been looking at the market recently, Bitcoin is already trading at 67k and which is just $10k away from heating the all time high but ethereum is still 40% from its all time high, that tells you that Ethereum isn't moving like it's expected with Bitcoin unlike before.
I'm not sure may be it's the curiosity of the investors that is making everyone that way but I know that things have change. I hope ethereum have another trend so it can have the momentum to move as Bitcoin is making moves, it will even give confidence to the altcoins market that there is hope for them later.
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- Everyone here or most of them know that anyone can buy Bitcoin even for only 10$, and many people do that even in this day and age. That's why if you invest in bitcoin and you are a rich person, you definitely have the advantage to get profit in Bitcoin, that's for sure.
that's why others who are so-called rich are doing DCA so that somehow they have accumulated btc in their wallet while we are not yet in the so-called rally or take off price of bitcoin in the market.
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- Everyone here or most of them know that anyone can buy Bitcoin even for only 10$, and many people do that even in this day and age. That's why if you invest in bitcoin and you are a rich person, you definitely have the advantage to get profit in Bitcoin, that's for sure.
that's why others who are so-called rich are doing DCA so that somehow they have accumulated btc in their wallet while we are not yet in the so-called rally or take off price of bitcoin in the market.
Actually I am not a rich person and trying to add bitcoin collection in my wallet DCA method,. I buy bitcoin from the profit of trading that I do. Not much but I buy every time I get profit from trading and also rewards from participating in bounty campaigns.
No need to be rich if we invest in bitcoin because we can buy bitcoin with the money we have even if it is only $ 10
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Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.
ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.
But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.
That's a good target to sell bitcoin at $100K many investors hope that next year it can be realized at that price.
I will release some BTC holdings at $100K and the rest maybe if it rises to $150K will sell the rest so that the profit is maximized again.
Regarding ETH, which has not been able to rise to the price of $3K again, maybe not at this time now the price is still going sideways, it will be when the market starts to rise significantly again, ETH will advance upwards.
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- Everyone here or most of them know that anyone can buy Bitcoin even for only 10$, and many people do that even in this day and age. That's why if you invest in bitcoin and you are a rich person, you definitely have the advantage to get profit in Bitcoin, that's for sure.
that's why others who are so-called rich are doing DCA so that somehow they have accumulated btc in their wallet while we are not yet in the so-called rally or take off price of bitcoin in the market.
Actually I am not a rich person and trying to add bitcoin collection in my wallet DCA method,. I buy bitcoin from the profit of trading that I do. Not much but I buy every time I get profit from trading and also rewards from participating in bounty campaigns.
No need to be rich if we invest in bitcoin because we can buy bitcoin with the money we have even if it is only $ 10
True but seems transactions fees are also rising just recently from 1sats/vb to more or less 10 so I think we have this idea to wait a little bit because fees is consuming much from our investments maybe we have to make it like if fees will continue to rise then buying every 2 weeks or once a month is better to save fees. DCA would be the best choice for frugal investors of course no doubt about that.
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True but seems transactions fees are also rising just recently from 1sats/vb to more or less 10 so I think we have this idea to wait a little bit because fees is consuming much from our investments maybe we have to make it like if fees will continue to rise then buying every 2 weeks or once a month is better to save fees.
Yes, Bitcoin transaction fees are increasing quite a lot in the last few days. Now, the fee transaction is below 10 sat/Vb. It is lower than the transaction fees few days ago, at that time I saw it was almost 20 sat/Vb. I don't know if it increases every 2 weeks but it is increasing in this month. I think it may be caused by the increase of the demand in the market because we almost reach the end of this year. There is a good sentiment of bullish time in October-December.
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True but seems transactions fees are also rising just recently from 1sats/vb to more or less 10 so I think we have this idea to wait a little bit because fees is consuming much from our investments maybe we have to make it like if fees will continue to rise then buying every 2 weeks or once a month is better to save fees.
Yes, Bitcoin transaction fees are increasing quite a lot in the last few days. Now, the fee transaction is below 10 sat/Vb. It is lower than the transaction fees few days ago, at that time I saw it was almost 20 sat/Vb. I don't know if it increases every 2 weeks but it is increasing in this month. I think it may be caused by the increase of the demand in the market because we almost reach the end of this year. There is a good sentiment of bullish time in October-December.
Transaction fees will always increase if the price of bitcoin and traffic increases, that's normal. So if we want to make a transaction, we should consider carefully choosing a cheaper network. I prefer to use the BSC and Solana networks for my transactions. It seems that the gas fee will increase if the price of bitcoin touches more than $ 70K or maybe bitcoin will reach a new ATH soon.
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I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.
Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.
Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.
Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.
ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.
But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.
- As I see this bitcoin industry that we are living in now, many people are waiting for bitcoin to reach the price value of 100k$ because there are many people who will sell at that price. Well, I am not expecting a big profit to be made from bitcoin.
Because most of my holdings are not actually in Bitcoin instead of other top altcoins and top meme coins in the market, that's what I believe right now, even though it's my first time to face the bull run.
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Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.
Bitcoin is the only one cryptocurrency assets have small risk for investment not matter as short or long term, I don't think with problem of bitcoin have reach most expensive price but consistent keep faster recovery when going down than altcoin very difficult break to the higher price any more. Better investing in bitcoin not problem how most expensive price of bitcoin raise up until right now around $66k but bitcoin have consistent recovering to higher price.
If you want make investment with altcoin have cheapest price but can't guarantee will easily recovery or back to higher price in the future not matter how long keep hold it.
that's the reality, bitcoin always recovers when it experiences a price drop. Bitcoiin is the safest coin to invest in and it is always a priority for crypto lovers. Bitcoin will always recover first and not all altcoins can follow it and that's the fact. Many investors believe in bitcoin more than altcoins, I think that's natural. because bitcoin is the king of crypto currency and altcoins are just its followers.
The character of bitcoin is to always do what you say, and it will return to what it has done either when it goes down or when it goes up. So many are very interested in being able to invest in it. The problem is the price is too expensive, but it can be tricked with DCA so that one day you can get the value we want.
Regarding trust, bitcoin is clearly more than altcoin, but once again, it doesn't mean that there are no good altcoins and are able to follow the movement of bitcoin. Of course there are, and you just have to analyze it them
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The character of bitcoin is to always do what you say, and it will return to what it has done either when it goes down or when it goes up. So many are very interested in being able to invest in it. The problem is the price is too expensive, but it can be tricked with DCA so that one day you can get the value we want.
Regarding trust, bitcoin is clearly more than altcoin, but once again, it doesn't mean that there are no good altcoins and are able to follow the movement of bitcoin. Of course there are, and you just have to analyze it them
Yes, even though the price of bitcoin is expensive, we can buy it gradually with the DCA method, many people do this. I also buy bitcoin with the DCA method, although sometimes I also buy altcoins that I think are good.
Bitcoin is still the most potential coin and I prefer bitcoin to altcoin because I want to invest in safe coins
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Transaction fees will always increase if the price of bitcoin and traffic increases, that's normal. So if we want to make a transaction, we should consider carefully choosing a cheaper network. I prefer to use the BSC and Solana networks for my transactions. It seems that the gas fee will increase if the price of bitcoin touches more than $ 70K or maybe bitcoin will reach a new ATH soon.
You're right. The fees is likely to continue increasing if the price of Bitcoin is raising. It is because there will be more people to transfer their Bitcoin into the network. This leads to the increase of the traffic. I agree with you, it is better to transfer Bitcoin when the price is declining. In this time, people stop send their Bitcoin and prefer to hold until the next pump. Mostly, the fees is cheap enough in correction time.
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You're right. The fees is likely to continue increasing if the price of Bitcoin is raising. It is because there will be more people to transfer their Bitcoin into the network. This leads to the increase of the traffic. I agree with you, it is better to transfer Bitcoin when the price is declining. In this time, people stop send their Bitcoin and prefer to hold until the next pump. Mostly, the fees is cheap enough in correction time.
Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
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Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
Currently, Bitcoin is increasing a bit, but the transfer fees is increasing significantly. I think we should transfer our Bitcoin to exchange as soon as possible when the transfer fees is cheap enough. Today, the lowest Bitcoin transfer fees was around 4 sat/vB but now it is 32 sat/vB. It is lucky for people who transferred their Bitcoin when the fees below 5 sat/vB. You need to keep some of your coin in CEX, so it will make you easily trade it any time.
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Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
Currently, Bitcoin is increasing a bit, but the transfer fees is increasing significantly. I think we should transfer our Bitcoin to exchange as soon as possible when the transfer fees is cheap enough. Today, the lowest Bitcoin transfer fees was around 4 sat/vB but now it is 32 sat/vB. It is lucky for people who transferred their Bitcoin when the fees below 5 sat/vB. You need to keep some of your coin in CEX, so it will make you easily trade it any time.
That was 3 hours ago but it wont really be that much of an issue if we do really speak about storing our coins on CEX. I would really be rather be preferring on storing or paking out my coins on my own non custodial wallet because i dont have any plans on storing up my coins on a centralized platform on which we know that this is something that it is really that risky.
Buying up Bitcoin isnt something that would really be needing up to be done in bulk, you could buy in fractions and its not really something that you do buy a whole coin.
Buy only on something that you can afford to lose.
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That was 3 hours ago but it wont really be that much of an issue if we do really speak about storing our coins on CEX. I would really be rather be preferring on storing or paking out my coins on my own non custodial wallet because i dont have any plans on storing up my coins on a centralized platform on which we know that this is something that it is really that risky.
Buying up Bitcoin isnt something that would really be needing up to be done in bulk, you could buy in fractions and its not really something that you do buy a whole coin.
Buy only on something that you can afford to lose.
My largest crypto assets I keep in a personal wallet and I don't put them in an exchange wallet. because for trading I only use part of my capital, not most of it but only the capital that I am ready to lose because in trading we will experience profit and loss and we have to think about the risk.
But in my opinion, exchange wallets are also safe for storing coins as long as the exchange's reputation is good. like binance.
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Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
Currently, Bitcoin is increasing a bit, but the transfer fees is increasing significantly. I think we should transfer our Bitcoin to exchange as soon as possible when the transfer fees is cheap enough. Today, the lowest Bitcoin transfer fees was around 4 sat/vB but now it is 32 sat/vB. It is lucky for people who transferred their Bitcoin when the fees below 5 sat/vB. You need to keep some of your coin in CEX, so it will make you easily trade it any time.
Two things can be done regarding this concern. One is to make Bitcoin transactions after the transaction fee is reduced and the other is to make the transaction after reducing sats. In that case, it may take more time. If there is no urgency then the transaction can be done in this way. In the past we see that as the Bitcoin price increases, the transaction fees increase very quickly. At that time it was difficult for small traders to make Bitcoin transactions. So it is definitely a good idea to keep money in the exchanger for emergencies.
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Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
Currently, Bitcoin is increasing a bit, but the transfer fees is increasing significantly. I think we should transfer our Bitcoin to exchange as soon as possible when the transfer fees is cheap enough. Today, the lowest Bitcoin transfer fees was around 4 sat/vB but now it is 32 sat/vB. It is lucky for people who transferred their Bitcoin when the fees below 5 sat/vB. You need to keep some of your coin in CEX, so it will make you easily trade it any time.
Two things can be done regarding this concern. One is to make Bitcoin transactions after the transaction fee is reduced and the other is to make the transaction after reducing sats. In that case, it may take more time. If there is no urgency then the transaction can be done in this way. In the past we see that as the Bitcoin price increases, the transaction fees increase very quickly. At that time it was difficult for small traders to make Bitcoin transactions. So it is definitely a good idea to keep money in the exchanger for emergencies.
It is very important to analyze and maintain the costs of the Bitcoin transactions mainly in cases when the market is rather active and the workloads are rather high. A good approach used is that of selecting those transaction durations that come with lower network fees, although they would considerably raise confirmation durations. On-exchange reserves, for the same reason, allow us to remain active in emergency situations without losing assets in costly operations. During the time when the prices of bitcoins rise high and costs of transaction is a concern this is a feasible approach for small traders since it allows them to gain liquidity without the rush of high fees.
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Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
Currently, Bitcoin is increasing a bit, but the transfer fees is increasing significantly. I think we should transfer our Bitcoin to exchange as soon as possible when the transfer fees is cheap enough. Today, the lowest Bitcoin transfer fees was around 4 sat/vB but now it is 32 sat/vB. It is lucky for people who transferred their Bitcoin when the fees below 5 sat/vB. You need to keep some of your coin in CEX, so it will make you easily trade it any time.
Two things can be done regarding this concern. One is to make Bitcoin transactions after the transaction fee is reduced and the other is to make the transaction after reducing sats. In that case, it may take more time. If there is no urgency then the transaction can be done in this way. In the past we see that as the Bitcoin price increases, the transaction fees increase very quickly. At that time it was difficult for small traders to make Bitcoin transactions. So it is definitely a good idea to keep money in the exchanger for emergencies.
When the price of bitcoin goes up and the crypto market starts to get busy, of course the gas fee will go up. And this always happens.
I rarely make transactions when traffic is high because at that time I definitely choose a network with a cheaper gas fee for transactions.
I agree with you, saving money in an exchanger is a good idea where who knows we need the money.
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Yes, that's what I've observed so far, when the price of bitcoin goes up, the gas fee also goes up. I also do what you suggest to transfer bitcoin when the price of bitcoin goes down, it reduces the gas fee. but sometimes I still make transactions when the gas fee is high because I have to trade. so I will calculate the transaction fee according to my needs and plans.
This will always happen. The higher transfer activities, the higher price of transfer fees. If we want to get lower fees, just do it when the price is decreasing. It is when the most people will hold their coins, they won't transfer it to CEXs to sell the coins. It includes Bitcoin, people also prefer to hold their Bitcoin. But when it reaches a new higher price, people must try to sell them because they want to secure their profits soon.
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The character of bitcoin is to always do what you say, and it will return to what it has done either when it goes down or when it goes up. So many are very interested in being able to invest in it. The problem is the price is too expensive, but it can be tricked with DCA so that one day you can get the value we want.
Regarding trust, bitcoin is clearly more than altcoin, but once again, it doesn't mean that there are no good altcoins and are able to follow the movement of bitcoin. Of course there are, and you just have to analyze it them
Yes, even though the price of bitcoin is expensive, we can buy it gradually with the DCA method, many people do this. I also buy bitcoin with the DCA method, although sometimes I also buy altcoins that I think are good.
Bitcoin is still the most potential coin and I prefer bitcoin to altcoin because I want to invest in safe coins
You are right, that holding bitcoin has a sense of security that we can accept because the losses that can be generated are small as long as you are patient with time. Bitcoin is indeed very expensive and will always be preferred as an investment and only with DCA will we be able to get the opportunity to be able to hold bitcoin. But that doesn't mean altcoins are not good. There are always potential altcoins and always provide contributions to their holders, and you can search on CMC.
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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.
However, buying Bitcoin does not require buying it in full like 1 BTC, 2 BTC and so on... BTC is not like stocks, we can buy BTC in incomplete amounts, such as 0.1 BTC or even 0.001 BTC.... for smaller fractions it is usually called satoshi
100 million satoshi = 1 BTC... this is to make it easier for us if we want to buy BTC in small amounts and ignore the many zeros in front. The point is, no matter how expensive BTC is, you can still buy it in small amounts.
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The character of bitcoin is to always do what you say, and it will return to what it has done either when it goes down or when it goes up. So many are very interested in being able to invest in it. The problem is the price is too expensive, but it can be tricked with DCA so that one day you can get the value we want.
Regarding trust, bitcoin is clearly more than altcoin, but once again, it doesn't mean that there are no good altcoins and are able to follow the movement of bitcoin. Of course there are, and you just have to analyze it them
Yes, even though the price of bitcoin is expensive, we can buy it gradually with the DCA method, many people do this. I also buy bitcoin with the DCA method, although sometimes I also buy altcoins that I think are good.
Bitcoin is still the most potential coin and I prefer bitcoin to altcoin because I want to invest in safe coins
You are right, that holding bitcoin has a sense of security that we can accept because the losses that can be generated are small as long as you are patient with time. Bitcoin is indeed very expensive and will always be preferred as an investment and only with DCA will we be able to get the opportunity to be able to hold bitcoin. But that doesn't mean altcoins are not good. There are always potential altcoins and always provide contributions to their holders, and you can search on CMC.
Indeed, holding Bitcoin is relatively safe if only we are patient, as the value of this currency remains high in the long run despite considerable changing in the short term. However, its price is high but with strategies such as dollar cost averaging, we can invest little amount at one time. But in principle, altcoins also have their plus and can help the owner to earn money, and if we take the best projects on the CMC site, then they will make a profit.
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Indeed, holding Bitcoin is relatively safe if only we are patient, as the value of this currency remains high in the long run despite considerable changing in the short term. However, its price is high but with strategies such as dollar cost averaging, we can invest little amount at one time. But in principle, altcoins also have their plus and can help the owner to earn money, and if we take the best projects on the CMC site, then they will make a profit.
Until now, what is able to provide a sense of security is, of course, bitcoin. It just requires a lot of money and requires great patience, because bitcoin is a long-term investment. At least after the halving period there will be a surprise and the period is 4 years, although for the short term, sometimes it can be done with good analysis so as not to be wrong in determining the selling price.
Actually, when it comes to profits, altcoins are no less profitable than investing in bitcoin, but altcoins always have a greater risk than bitcoin and the price can drop drastically or even disappear from the exchange, besides the potential coin that we invest in.
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ndeed, holding Bitcoin is relatively safe if only we are patient, as the value of this currency remains high in the long run despite considerable changing in the short term. However, its price is high but with strategies such as dollar cost averaging, we can invest little amount at one time. But in principle, altcoins also have their plus and can help the owner to earn money, and if we take the best projects on the CMC site, then they will make a profit.
agreed, long-term bitcoin investment is always profitable because the price of bitcoin is getting more and more expensive, we can use the DCA method to collect bitcoins gradually.
and this is the most effective method.
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Indeed, holding Bitcoin is relatively safe if only we are patient, as the value of this currency remains high in the long run despite considerable changing in the short term. However, its price is high but with strategies such as dollar cost averaging, we can invest little amount at one time. But in principle, altcoins also have their plus and can help the owner to earn money, and if we take the best projects on the CMC site, then they will make a profit.
Until now, what is able to provide a sense of security is, of course, bitcoin. It just requires a lot of money and requires great patience, because bitcoin is a long-term investment. At least after the halving period there will be a surprise and the period is 4 years, although for the short term, sometimes it can be done with good analysis so as not to be wrong in determining the selling price.
Actually, when it comes to profits, altcoins are no less profitable than investing in bitcoin, but altcoins always have a greater risk than bitcoin and the price can drop drastically or even disappear from the exchange, besides the potential coin that we invest in.
Well, Bitcoin remains one of the most secure investments, with great potential in the long run based on the experience of its existence. However, it entails a significant sum of money and time, but such a strategy yields an interesting experience, especially after a halving time that can signal a rise in the asset’s price.
However, altcoins can also generate good profits, but they are relatively riskier than Bitcoin. To maximize this opportunity we have to be even more attentive when picking altcoins and watching their every move so that we do not lose the potential that has been invested.
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Well, Bitcoin remains one of the most secure investments, with great potential in the long run based on the experience of its existence. However, it entails a significant sum of money and time, but such a strategy yields an interesting experience, especially after a halving time that can signal a rise in the asset’s price.
Bitcoin is a different matter, there is no risk if you think long-term, if you think long-term, you can expect beautiful prospects because the future of Bitcoin is sure to lead to a bright future. If someone is expecting a lot of profit in a short period of time by investing in Bitcoin, he is living in a fool's kingdom because he doesn't know enough about Bitcoin to think long term before anything can be expected from it.
However, altcoins can also generate good profits, but they are relatively riskier than Bitcoin. To maximize this opportunity we have to be even more attentive when picking altcoins and watching their every move so that we do not lose the potential that has been invested.
If you talk about altcoin then I must say it is opposite to bitcoin, because the risk of bitcoin is less but in altcoin there is a lot of risk if you can understand this risk then it is possible to profit from here. Amount to be recharged when what can be what kind of identifier you need but hopefully you will get something good from here.
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Indeed, holding Bitcoin is relatively safe if only we are patient, as the value of this currency remains high in the long run despite considerable changing in the short term. However, its price is high but with strategies such as dollar cost averaging, we can invest little amount at one time. But in principle, altcoins also have their plus and can help the owner to earn money, and if we take the best projects on the CMC site, then they will make a profit.
Until now, what is able to provide a sense of security is, of course, bitcoin. It just requires a lot of money and requires great patience, because bitcoin is a long-term investment. At least after the halving period there will be a surprise and the period is 4 years, although for the short term, sometimes it can be done with good analysis so as not to be wrong in determining the selling price.
Actually, when it comes to profits, altcoins are no less profitable than investing in bitcoin, but altcoins always have a greater risk than bitcoin and the price can drop drastically or even disappear from the exchange, besides the potential coin that we invest in.
Altcoin can provide higher profits than bitcoin because many altcoins have good potential such as ethereum, BNB, Solana and TON. We can also buy ripple, this is also good, but there is no doubt that bitcoin is the safest coin for investment. I always put bitcoin as my favorite coin to invest and use the largest funds more than %0%, the rest I divide into several altcoins.
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If you talk about altcoin then I must say it is opposite to bitcoin, because the risk of bitcoin is less but in altcoin there is a lot of risk if you can understand this risk then it is possible to profit from here. Amount to be recharged when what can be what kind of identifier you need but hopefully you will get something good from here.
I know about the risk, But altcoins offer higher profit margin than bitcoins though the risk involved is higher than bitcoins. In fact, by studying characteristics and trends in the movements of such less popular coins, one has a chance at making a good buck out of the extraneous fluctuations.
Now in investing we do have to be cautious and prepared for any price changes when dealing with altcoins. However, it is very essential to see these with patience and appropriately analyzable to achieve some interesting possibilities from this market.
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The price of Bitcoin per coin may seem daunting, especially since it has risen over the years. However, it's important to remember that Bitcoin is divisible, and you don't need to buy an entire coin to invest in it. If you are worried that Bitcoin may be "too expensive" for you. Bitcoin is divisible to eight decimal places, meaning the smallest unit, a satoshi, is 0.00000001 BTC. This means you can buy as little or as much as you want based on your budget. Many exchanges allow you to start with $10 or less. Think about your own financial goals, budget and risk tolerance. If the price of Bitcoin per coin seems too high or the volatility too high, it's okay to start small or explore other investment options altogether. Bitcoin may *look* expensive, but you can buy fractions, start small and build over time if it fits your investment goals. If you're curious, starting small can give you a feel for the market and help you make more informed decisions moving forward..
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Not everyone has the privilege to buy lump sum, it takes time to build the savings via compounding which I mean decades or generations while Bitcoin is literally new means it can grow a lot in the upcoming future so even if you buy a small amount let's say 100 dollars in the next 5 or 10 years it may turn into 100x so if you understand the potential then just invest with whatever amount you have on regular intervals and start accumulating.
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Not everyone has the privilege to buy lump sum, it takes time to build the savings via compounding which I mean decades or generations while Bitcoin is literally new means it can grow a lot in the upcoming future so even if you buy a small amount let's say 100 dollars in the next 5 or 10 years it may turn into 100x so if you understand the potential then just invest with whatever amount you have on regular intervals and start accumulating.
The possibility of making a profit by investing in bitcoin to hold it for the next 5-10 years, we can get big profits. Because bitcoin will be more expensive in the future.
we can buy bitcoin gradually with the DCA method, if we don't have 100 $, we can buy it in smaller amounts and gradually.
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Well, Bitcoin remains one of the most secure investments, with great potential in the long run based on the experience of its existence. However, it entails a significant sum of money and time, but such a strategy yields an interesting experience, especially after a halving time that can signal a rise in the asset’s price.
Bitcoin is a different matter, there is no risk if you think long-term, if you think long-term, you can expect beautiful prospects because the future of Bitcoin is sure to lead to a bright future. If someone is expecting a lot of profit in a short period of time by investing in Bitcoin, he is living in a fool's kingdom because he doesn't know enough about Bitcoin to think long term before anything can be expected from it.
However, altcoins can also generate good profits, but they are relatively riskier than Bitcoin. To maximize this opportunity we have to be even more attentive when picking altcoins and watching their every move so that we do not lose the potential that has been invested.
If you talk about altcoin then I must say it is opposite to bitcoin, because the risk of bitcoin is less but in altcoin there is a lot of risk if you can understand this risk then it is possible to profit from here. Amount to be recharged when what can be what kind of identifier you need but hopefully you will get something good from here.
There is always risk in bitcoin investment be it either short term investment or longer term, volatility is one the characteristics of bitcoin as a result of this the price of bitcoin is not always stable and risk of loosing money is there.so even if our bitcoin investment is targeted towards long term is not a guarantee that it is going to be successful that js why it is always adviceable to invest what we can afford to lose.
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Well, Bitcoin remains one of the most secure investments, with great potential in the long run based on the experience of its existence. However, it entails a significant sum of money and time, but such a strategy yields an interesting experience, especially after a halving time that can signal a rise in the asset’s price.
Bitcoin is a different matter, there is no risk if you think long-term, if you think long-term, you can expect beautiful prospects because the future of Bitcoin is sure to lead to a bright future. If someone is expecting a lot of profit in a short period of time by investing in Bitcoin, he is living in a fool's kingdom because he doesn't know enough about Bitcoin to think long term before anything can be expected from it.
However, altcoins can also generate good profits, but they are relatively riskier than Bitcoin. To maximize this opportunity we have to be even more attentive when picking altcoins and watching their every move so that we do not lose the potential that has been invested.
If you talk about altcoin then I must say it is opposite to bitcoin, because the risk of bitcoin is less but in altcoin there is a lot of risk if you can understand this risk then it is possible to profit from here. Amount to be recharged when what can be what kind of identifier you need but hopefully you will get something good from here.
There is always risk in bitcoin investment be it either short term investment or longer term, volatility is one the characteristics of bitcoin as a result of this the price of bitcoin is not always stable and risk of loosing money is there.so even if our bitcoin investment is targeted towards long term is not a guarantee that it is going to be successful that js why it is always adviceable to invest what we can afford to lose.
Investing something we can afford to lose does not mean we are not focused on profit. Because in investing we must be able to make a profit for the sustainability of our investment. Using money we can afford to lose makes us not panic and calmer when we see the crypto market decline.
Actually, I have not dared to lose my capital, because I am only a small investor who trades so that my capital can increase.
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Indeed, holding Bitcoin is relatively safe if only we are patient, as the value of this currency remains high in the long run despite considerable changing in the short term. However, its price is high but with strategies such as dollar cost averaging, we can invest little amount at one time. But in principle, altcoins also have their plus and can help the owner to earn money, and if we take the best projects on the CMC site, then they will make a profit.
Until now, what is able to provide a sense of security is, of course, bitcoin. It just requires a lot of money and requires great patience, because bitcoin is a long-term investment. At least after the halving period there will be a surprise and the period is 4 years, although for the short term, sometimes it can be done with good analysis so as not to be wrong in determining the selling price.
Actually, when it comes to profits, altcoins are no less profitable than investing in bitcoin, but altcoins always have a greater risk than bitcoin and the price can drop drastically or even disappear from the exchange, besides the potential coin that we invest in.
Altcoin can provide higher profits than bitcoin because many altcoins have good potential such as ethereum, BNB, Solana and TON. We can also buy ripple, this is also good, but there is no doubt that bitcoin is the safest coin for investment. I always put bitcoin as my favorite coin to invest and use the largest funds more than %0%, the rest I divide into several altcoins.
Indeed, when it comes to income, I also think like you that altcoin can generate more profits than bitcoin as long as you don't choose the wrong altcoin to invest in, because if you choose the wrong one, it may not increase optimally and, of course, it is detrimental, for that choose one that is indeed potential, and I think the best ranking on CMC can be used as a reference for choosing it.
Of course, you are very wise if the allocation you make from your investment is divided at % according to the factors that can provide the main benefits to be chosen and with small risks.
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Investing something we can afford to lose does not mean we are not focused on profit. Because in investing we must be able to make a profit for the sustainability of our investment. Using money we can afford to lose makes us not panic and calmer when we see the crypto market decline.
Actually, I have not dared to lose my capital, because I am only a small investor who trades so that my capital can increase.
Making investment decisions with money that doesn’t make us freak out during a market slump in indeed reasonable because we don’t lose perspective and stay on track. Slowly from common man, every move planned can be the start to higher capital appreciation. In this process, there is nothing wrong in being positive and rigid because the more we get involved in these exercises, the more we build confidence in getting better results in future.
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Indeed, when it comes to income, I also think like you that altcoin can generate more profits than bitcoin as long as you don't choose the wrong altcoin to invest in, because if you choose the wrong one, it may not increase optimally and, of course, it is detrimental, for that choose one that is indeed potential, and I think the best ranking on CMC can be used as a reference for choosing it.
Of course, you are very wise if the allocation you make from your investment is divided at % according to the factors that can provide the main benefits to be chosen and with small risks.
so that we do not choose the wrong altcoin, we should observe and make an analysis, my advice is to invest in the top altcoins because they have been proven and are safer. Although new coins will generate higher profits, the risk is greater and we can lose.
ivrsify on bitcoin and altcppin is the best way to make a profit in investing.
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so that we do not choose the wrong altcoin, we should observe and make an analysis, my advice is to invest in the top altcoins because they have been proven and are safer. Although new coins will generate higher profits, the risk is greater and we can lose.
ivrsify on bitcoin and altcppin is the best way to make a profit in investing.
Analysis is a must, everyone should do analysis before making any decision. It is too risky if we invest in any crypto coin without analysis. Even we invest in top coins, analysis is always needed to avoid the wrong targets. We also need to know the updated information on those coins, so analysis should be applied both on new, old, or top coins.
Even we invest in Bitcoin, we need to analyze the potential price to be achieved. So we can determine the target for taking profits (exit time). However, the risk should be lower if we choose top coins for investment. Meanwhile new coins must be always riskier because they don't prove anything yet.
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Not everyone has the privilege to buy lump sum, it takes time to build the savings via compounding which I mean decades or generations while Bitcoin is literally new means it can grow a lot in the upcoming future so even if you buy a small amount let's say 100 dollars in the next 5 or 10 years it may turn into 100x so if you understand the potential then just invest with whatever amount you have on regular intervals and start accumulating.
I agree with you, if we look at the current price, we certainly can't afford to buy BTC in full, but as you said, if we can buy it in installments, why not keep buying if we have the money, because we don't know in the future, $100 could become $1000 if we stick to the principle of seeking 100% profit
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Not everyone has the privilege to buy lump sum, it takes time to build the savings via compounding which I mean decades or generations while Bitcoin is literally new means it can grow a lot in the upcoming future so even if you buy a small amount let's say 100 dollars in the next 5 or 10 years it may turn into 100x so if you understand the potential then just invest with whatever amount you have on regular intervals and start accumulating.
I agree with you, if we look at the current price, we certainly can't afford to buy BTC in full, but as you said, if we can buy it in installments, why not keep buying if we have the money, because we don't know in the future, $100 could become $1000 if we stick to the principle of seeking 100% profit
agreed we can buy bitcoin in installments because the current price of bitcoin is already high and we do not or the price of bitcoin in the future. currently the price of bitcoin is still below $ 100k, and if we buy now it seems we still have a chance to make a profit next year. And if we hold it for another 4 years the possibility of the profit we will get is greater.
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agreed we can buy bitcoin in installments because the current price of bitcoin is already high and we do not or the price of bitcoin in the future. currently the price of bitcoin is still below $ 100k, and if we buy now it seems we still have a chance to make a profit next year. And if we hold it for another 4 years the possibility of the profit we will get is greater.
Paying for Bitcoins best and in portions is reasonable if at all we are tired of stressing ourselves out over price tags. Splitting the purchase enables us to diversify the risk and also take this particular asset at a more stabilised average price. To be able to finally invest in Bitcoin without feeling like we’re holding back from waiting for the price to reach $100k, this mechanism enables investment regardless of the current Bitcoin price.
If we have chosen to remain long-term holders of Bitcoin it is indeed possible to reap the rewards of a proven growth cycle. But we also have to bear in mind that the cryptomarkets are unpredictable and that we thus have do have some of our plans only as a kind of a guideline, while we should only invest money that is not quite painful to lose. Then at least we’ll have this peaceful approach to going through it, and at the same time benefit from all these existing opportunities.
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Not everyone has the privilege to buy lump sum, it takes time to build the savings via compounding which I mean decades or generations while Bitcoin is literally new means it can grow a lot in the upcoming future so even if you buy a small amount let's say 100 dollars in the next 5 or 10 years it may turn into 100x so if you understand the potential then just invest with whatever amount you have on regular intervals and start accumulating.
I agree with you, if we look at the current price, we certainly can't afford to buy BTC in full, but as you said, if we can buy it in installments, why not keep buying if we have the money, because we don't know in the future, $100 could become $1000 if we stick to the principle of seeking 100% profit
Not many will be able to directly buy bitcoin in units. Only a few people can do that because the price is really fantastic. But we are given a reason to be able to use it by buying a method of installments diligently and confidently that Bitcoin will one day give a fairly large benefit, maybe even more than 100%, as you say, because if you see ATH all the time, it is always high. Agree finally Finally, it all depends on the finances we have, and we remain consistent to continue to repay and not let go before the time comes.
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it all depends on the finances we have, and we remain consistent to continue to repay and not let go before the time comes.
For an average guy there will always be a problem when it comes to money so we have to cut some expenses to maintain the investment whether it's for Bitcoin or anything else but it should be continued no matter what, that discipline will pay off in the long run.
Buying Bitcoin in fragments is more accessible than traditional assets like stocks, we can invest low amount as possible that provides opportunity to anyone who has mindset to invest.
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Not everyone has the privilege to buy lump sum, it takes time to build the savings via compounding which I mean decades or generations while Bitcoin is literally new means it can grow a lot in the upcoming future so even if you buy a small amount let's say 100 dollars in the next 5 or 10 years it may turn into 100x so if you understand the potential then just invest with whatever amount you have on regular intervals and start accumulating.
The possibility of making a profit by investing in bitcoin to hold it for the next 5-10 years, we can get big profits. Because bitcoin will be more expensive in the future.
we can buy bitcoin gradually with the DCA method, if we don't have 100 $, we can buy it in smaller amounts and gradually.
People who love to buy or invest in Bitcoins can use weekly or monthly DCA method to invest 40% or 60-70% of their earnings in Bitcoins if they don't have a lot of money to invest at once. Investing in the DCA method will surely bring you a lot of success in your investment. DCA method is the best way to invest. There are many people who have a lot of desire to invest but despite their desire they cannot invest due to lack of money. If those people invest using DCA method and hold for five to ten years then their investment will be very successful.
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When this topic was created, the cost of Bitcoin was about $40-43k and that someone considered as expensive. Look a price now, it has doubled. Even if someone managed to take a loan, he would have totally repaid it and would even earn. Isnt it a confirmation that a moment of purchase and ability to hold matters? And I will repeat once again, why it is expensive, when it isnt necessary to buy whole Bitcoin. I would suggest again anyone not to look on the price, but focus on being able to hold until it hits the price that it suits you.
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When this topic was created, the cost of Bitcoin was about $40-43k and that someone considered as expensive. Look a price now, it has doubled. Even if someone managed to take a loan, he would have totally repaid it and would even earn. Isnt it a confirmation that a moment of purchase and ability to hold matters? And I will repeat once again, why it is expensive, when it isnt necessary to buy whole Bitcoin. I would suggest again anyone not to look on the price, but focus on being able to hold until it hits the price that it suits you.
You are right when this toic was made the price of bitcoin was still around $40K and currently the price of bitcoin has reached a new ATH, the current price of bitcoin is $90K. Sometimes doubts and lack of capital make people think not to buy bitcoin first because the price is expensive even though we can use the DCA method to buy bitcoin gradually.
in investing does require capital and experience, and that doubt can be eliminated by having knowledge and experience in investing. If he has done it in the past, he will do it again in the future better.
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When this topic was created, the cost of Bitcoin was about $40-43k and that someone considered as expensive. Look a price now, it has doubled. Even if someone managed to take a loan, he would have totally repaid it and would even earn. Isnt it a confirmation that a moment of purchase and ability to hold matters? And I will repeat once again, why it is expensive, when it isnt necessary to buy whole Bitcoin. I would suggest again anyone not to look on the price, but focus on being able to hold until it hits the price that it suits you.
You are right when this toic was made the price of bitcoin was still around $40K and currently the price of bitcoin has reached a new ATH, the current price of bitcoin is $90K. Sometimes doubts and lack of capital make people think not to buy bitcoin first because the price is expensive even though we can use the DCA method to buy bitcoin gradually.
in investing does require capital and experience, and that doubt can be eliminated by having knowledge and experience in investing. If he has done it in the past, he will do it again in the future better.
Investing is always characterized by doubts, traditionally while the price of these products like bitcoins rises to the apex. But this does not mean we have to be overwhelmed by prices that may feel high, there is ways to begin investing such as the gradual purchase. If risk is to be minimised and a portfolio made less volatile, then theory as well as current asset and liabilities can be challenged by further experience. Often, the little and constant actions make the large changes in the future bearing in mind the commitment to the set investment goals.
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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?.
Actually, we are already on the countdown; let's do what we can to buy because we are running out of time. It doesn't matter if it's only January 2024; we are already in November, and the year 2024 is coming to an end, and there has already been a twice-ATH in bitcoin, right?
So, that means let's do what we can to buy cryptos or bitcoin that we believe can give us profit in the bull run; let's not waste time. As long as there is an opportunity to buy, let's immediately buy the crypto that we want to save.
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If you bought bitcoin at the time of creating this topic which was $40k and think of how much you would have made by now. If you want to invest, you can use DCA to buy small amount every week or month then when the price goes down to a bear market which you can buy then you invest massively.
Nobody is late in bitcoin investment and bitcoin is not too expensive for anyone who have something to start up. But the only thing you need to do is that you have to do something first before investing in bitcoin. You can start with $10 and later when you have more money then you increase the investment.
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If you bought bitcoin at the time of creating this topic which was $40k and think of how much you would have made by now. If you want to invest, you can use DCA to buy small amount every week or month then when the price goes down to a bear market which you can buy then you invest massively.
Nobody is late in bitcoin investment and bitcoin is not too expensive for anyone who have something to start up. But the only thing you need to do is that you have to do something first before investing in bitcoin. You can start with $10 and later when you have more money then you increase the investment.
But for now if you want to buy bitcoin or other potential altcoins, you should wait for a correction because the current price of bitcoin has reached $93K, in my opinion this is too high even though next year the price of bitcoin is predicted to be more than $100K but as investors we should choose the right time to enter.
It's never too late to invest, but invest in the right coin and time. If the market is too high, you should be patient and wait for a correction because investing in crypto is very risky.
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When this topic was created, the cost of Bitcoin was about $40-43k and that someone considered as expensive. Look a price now, it has doubled. Even if someone managed to take a loan, he would have totally repaid it and would even earn.
You're right. It was below $45k. If we compared with the current price, it was very cheap price. But I can understand that the OP probably compared the price when it was in 2022. At that time, the price of Bitcoin was below $30k. It was even below $20k. That's why he assumed $40-43k was an expensive price. Actually, if we compared with the ATH of Bitcoin, $40-43k was still cheap price. The ATH of Bitcoin was around $68k-$69k. But now the ATH of Bitcoin is $94k (2 hours ago new ATH).
Anyway, even if Bitcoin price is quite cheap. I don't suggest anyone to invest/buy Bitcoin with loan money. It will be safe if you buy Bitcoin with your own money. If you have no big money, you can do DCA. I think this way will be safer.
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If you bought bitcoin at the time of creating this topic which was $40k and think of how much you would have made by now. If you want to invest, you can use DCA to buy small amount every week or month then when the price goes down to a bear market which you can buy then you invest massively.
Nobody is late in bitcoin investment and bitcoin is not too expensive for anyone who have something to start up. But the only thing you need to do is that you have to do something first before investing in bitcoin. You can start with $10 and later when you have more money then you increase the investment.
But for now if you want to buy bitcoin or other potential altcoins, you should wait for a correction because the current price of bitcoin has reached $93K, in my opinion this is too high even though next year the price of bitcoin is predicted to be more than $100K but as investors we should choose the right time to enter.
It's never too late to invest, but invest in the right coin and time. If the market is too high, you should be patient and wait for a correction because investing in crypto is very risky.
Timing is always critical, and some players have been waiting for the right time to venture into the market only to find that prices of the stocks have already went high. Escalating to the market when it is hot will risk so one has to wait for a correction before entering. It will also enable us to know the ongoing trend of the price in the market hence be able to see opportunities when it is more favourable for us to get in. It helps in controlling and preventing expectations and therefore losses as a result of them.
Secondly, entrusting own funds to the crypto market means understanding that digital assets are characterised by high volatility. It is important for us to remember that, when investing in this particular sector, the search for profit making opportunities is not the only issue to consider, but how we defend our existing capital is also of utmost importance. If we choose the coins that really have the potential and learn when and how to use the market’s speed to our advantage, we’ll be more stable on the long run even if the market turns to the faster pace. The patience that we display at the present moment shall lead to better decisions in the future.
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If you bought bitcoin at the time of creating this topic which was $40k and think of how much you would have made by now. If you want to invest, you can use DCA to buy small amount every week or month then when the price goes down to a bear market which you can buy then you invest massively.
Nobody is late in bitcoin investment and bitcoin is not too expensive for anyone who have something to start up. But the only thing you need to do is that you have to do something first before investing in bitcoin. You can start with $10 and later when you have more money then you increase the investment.
But for now if you want to buy bitcoin or other potential altcoins, you should wait for a correction because the current price of bitcoin has reached $93K, in my opinion this is too high even though next year the price of bitcoin is predicted to be more than $100K but as investors we should choose the right time to enter.
It's never too late to invest, but invest in the right coin and time. If the market is too high, you should be patient and wait for a correction because investing in crypto is very risky.
Timing is always critical, and some players have been waiting for the right time to venture into the market only to find that prices of the stocks have already went high. Escalating to the market when it is hot will risk so one has to wait for a correction before entering. It will also enable us to know the ongoing trend of the price in the market hence be able to see opportunities when it is more favourable for us to get in. It helps in controlling and preventing expectations and therefore losses as a result of them.
Secondly, entrusting own funds to the crypto market means understanding that digital assets are characterised by high volatility. It is important for us to remember that, when investing in this particular sector, the search for profit making opportunities is not the only issue to consider, but how we defend our existing capital is also of utmost importance. If we choose the coins that really have the potential and learn when and how to use the market’s speed to our advantage, we’ll be more stable on the long run even if the market turns to the faster pace. The patience that we display at the present moment shall lead to better decisions in the future.
Bitcoin hit All Time High of $69k in 2021 and in 2022, the price became one of the best bearish in the market of $15k and presently it is running to $100k and everyone in the forum knows that this year is for the bull run so we are still on it but we don't know what will happen in next year. Because in the previous analysis, after the Bull run annd the All Time High then the following year the price comes down but I don't think bitcoin price will come down to $20k again. Some people are even saying that it is $60k that will be the last bear market the price will hit in the next bear market.
So if anyone is planning to buy from the Bear Market again then he is she should prepare to buy from the $60k but if the price go below the $60k prediction then it is better for the new investors.
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When this topic was created, the cost of Bitcoin was about $40-43k and that someone considered as expensive. Look a price now, it has doubled. Even if someone managed to take a loan, he would have totally repaid it and would even earn.
You're right. It was below $45k. If we compared with the current price, it was very cheap price. But I can understand that the OP probably compared the price when it was in 2022. At that time, the price of Bitcoin was below $30k. It was even below $20k. That's why he assumed $40-43k was an expensive price. Actually, if we compared with the ATH of Bitcoin, $40-43k was still cheap price. The ATH of Bitcoin was around $68k-$69k. But now the ATH of Bitcoin is $94k (2 hours ago new ATH).
Anyway, even if Bitcoin price is quite cheap. I don't suggest anyone to invest/buy Bitcoin with loan money. It will be safe if you buy Bitcoin with your own money. If you have no big money, you can do DCA. I think this way will be safer.
Bitcoin prices during the 2022 bearish season are still cheap, but if we don't have free funds to buy at that time and hold them until now, it will be difficult for us to do so. because holding more than 2 years is a natural time where we will have living needs that must be met if we don't have free funds to invest in crypto, of course our investment will be disrupted.
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Bitcoin prices during the 2022 bearish season are still cheap, but if we don't have free funds to buy at that time and hold them until now, it will be difficult for us to do so. because holding more than 2 years is a natural time where we will have living needs that must be met if we don't have free funds to invest in crypto, of course our investment will be disrupted.
Essentially, this means that when the chance to purchase during times of a bear market is not taken, it is not the end of the storey. Still, we can be ready for the next market moment with more mature planning. In the way of taking a step by step approach the investment process can still give good returns in the future. Storing crypto assets for years really needs patience, not unless if life essentials are the forefront requirement. This situation is familiar to business, where they always should be careful with the distribution of funds so that they do not hinder investments that affect their basic requirements.
If you bought bitcoin at the time of creating this topic which was $40k and think of how much you would have made by now. If you want to invest, you can use DCA to buy small amount every week or month then when the price goes down to a bear market which you can buy then you invest massively.
Nobody is late in bitcoin investment and bitcoin is not too expensive for anyone who have something to start up. But the only thing you need to do is that you have to do something first before investing in bitcoin. You can start with $10 and later when you have more money then you increase the investment.
From above analysis, it can be seen that investment in bitcoin does give good chance albeit in some measure; it can even be in small strides. From as little as we can lay our hands on, whether a dollar, a euro or a pound, it is possible to start putting together a portfolio. The art of building investment value is applied through consistency as a way of seeing long term returns. So using good timing and various basic incrementalisms like DCA, we are built slowly but surely in the crypto market. The thing is to start, and no matter how much it costs, including starting from small capital, because every movement leads closer to a better financial condition in the future.
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Bitcoin prices during the 2022 bearish season are still cheap, but if we don't have free funds to buy at that time and hold them until now, it will be difficult for us to do so. because holding more than 2 years is a natural time where we will have living needs that must be met if we don't have free funds to invest in crypto, of course our investment will be disrupted.
Yes, it is very difficult because at that time the price then continues to fall and reaches the DIP price.
As a Holder will be faced with an extreme decline and it will test whether we are able to survive or not, but when there is a drastic decline it is better to buy again if you still have a reserve fund.
And it can be seen now, who still survives and is able to accumulate more bitcoin ownership, then profits will be obtained in the current new ATH.
But this also depends on everyone's mentality and needs, because everyone will take advantage when their target has been reached.
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Bitcoin hit All Time High of $69k in 2021 and in 2022, the price became one of the best bearish in the market of $15k and presently it is running to $100k and everyone in the forum knows that this year is a foe the bull run so we are still on it but we don't know what will happen in next year. Because in the previous analysis, after the Bull run annd the All Time High then the following year the price comes down but I don't think bitcoin price will come down to $20k again. Some people are even saying that it is $60k that will be the last bear market the price will hit in the next bear market.
Agree. It seems impossible that Bitcoin to drop below $20k again. It is too far from the current price, we are already at $99k as the highest price today. I'm sure the price of Bitcoin price in the next bearish season will be around $30k - $40k. Even it can be lower, it won't be below $25k. If Trump really keeps his promises to crypto world, I'm sure crypto industry will survive well. And it also triggers the price of crypto coins to be in good values.
DWYOR
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Bitcoin hit All Time High of $69k in 2021 and in 2022, the price became one of the best bearish in the market of $15k and presently it is running to $100k and everyone in the forum knows that this year is a foe the bull run so we are still on it but we don't know what will happen in next year. Because in the previous analysis, after the Bull run annd the All Time High then the following year the price comes down but I don't think bitcoin price will come down to $20k again. Some people are even saying that it is $60k that will be the last bear market the price will hit in the next bear market.
Agree. It seems impossible that Bitcoin to drop below $20k again. It is too far from the current price, we are already at $99k as the highest price today. I'm sure the price of Bitcoin price in the next bearish season will be around $30k - $40k. Even it can be lower, it won't be below $25k. If Trump really keeps his promises to crypto world, I'm sure crypto industry will survive well. And it also triggers the price of crypto coins to be in good values.
DWYOR
I agree with you it seems like bitcoin price will be around $30K-$40K during bearish season or maybe more than $50K during bearish season because we don't know what steps and policies trump will take according to his promise to support bitcoin and make the US a bitcoin center. If the policies taken by trump are good for bitcoin and crypto, of course bitcoin price will remain high even though it's bearish season.
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Bitcoin hit All Time High of $69k in 2021 and in 2022, the price became one of the best bearish in the market of $15k and presently it is running to $100k and everyone in the forum knows that this year is a foe the bull run so we are still on it but we don't know what will happen in next year. Because in the previous analysis, after the Bull run annd the All Time High then the following year the price comes down but I don't think bitcoin price will come down to $20k again. Some people are even saying that it is $60k that will be the last bear market the price will hit in the next bear market.
Agree. It seems impossible that Bitcoin to drop below $20k again. It is too far from the current price, we are already at $99k as the highest price today. I'm sure the price of Bitcoin price in the next bearish season will be around $30k - $40k. Even it can be lower, it won't be below $25k. If Trump really keeps his promises to crypto world, I'm sure crypto industry will survive well. And it also triggers the price of crypto coins to be in good values.
DWYOR
I agree with you it seems like bitcoin price will be around $30K-$40K during bearish season or maybe more than $50K during bearish season because we don't know what steps and policies trump will take according to his promise to support bitcoin and make the US a bitcoin center. If the policies taken by trump are good for bitcoin and crypto, of course bitcoin price will remain high even though it's bearish season.
Though it is still possible to observe many things that influence bitcoin price fluctuations in a bearish period, it also includes decisions made by presidents. It is necessary to track how these policies unroll on the practical level, whether they are capable to produce systemic conditions for the further development or whether they can only produce a short-term positive trends that stimulate the demand at the micro level. No measure of the market can ever be certain, but this also gives the chance to create a more mature strategy.
If policies foster the use of blockchain and crypto technology, then the market can gain confidence in bitcoins, come rain or sunshine. We can make the best use out of this opportunity by exercising our rationality to go on making proper investment strategies while not ignoring related global occurrences. The first thing that should be done is ensuring we strike the balance between being overly optimistic and overly analytical to ensure that we grasp any opportunity that presents itself.
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Bitcoin hit All Time High of $69k in 2021 and in 2022, the price became one of the best bearish in the market of $15k and presently it is running to $100k and everyone in the forum knows that this year is a foe the bull run so we are still on it but we don't know what will happen in next year. Because in the previous analysis, after the Bull run annd the All Time High then the following year the price comes down but I don't think bitcoin price will come down to $20k again. Some people are even saying that it is $60k that will be the last bear market the price will hit in the next bear market.
Agree. It seems impossible that Bitcoin to drop below $20k again. It is too far from the current price, we are already at $99k as the highest price today. I'm sure the price of Bitcoin price in the next bearish season will be around $30k - $40k. Even it can be lower, it won't be below $25k. If Trump really keeps his promises to crypto world, I'm sure crypto industry will survive well. And it also triggers the price of crypto coins to be in good values.
DWYOR
Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
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Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
Did you think that bitcoin would hit $99+ this month? Even though not is a imagination to hit $30k-$40k in the next bear market, let's wait and see what will happen. Bitcoin will rise up in next year because when Trump has taken over the leadership of America government and if the economic policies are favourable and many cryptocurrency companies bounce back again and new once emerge then the price will increase because the adoption will be high.
Though I don't know the particular price the bear market will be but that is my prediction and you can also predict yours. If bitcoin price was $15k in the previous bear market then it will be between what I said in this comment.
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Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
Did you think that bitcoin would hit $99+ this month? Even though not is a imagination to hit $30k-$40k in the next bear market, let's wait and see what will happen. Bitcoin will rise up in next year because when Trump has taken over the leadership of America government and if the economic policies are favourable and many cryptocurrency companies bounce back again and new once emerge then the price will increase because the adoption will be high.
Though I don't know the particular price the bear market will be but that is my prediction and you can also predict yours. If bitcoin price was $15k in the previous bear market then it will be between what I said in this comment.
Bitcoin has reached $99,655 you can check it on CMC. so i think bitcoin price will reach $100K soon, probably next week. and after trump inauguration as US president in January next year bitcoin price will likely soar because many investors will start entering crypto market and buying bitcoin, maybe market concentration will be on bitcoin and altcoin will soon follow.
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Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
Did you think that bitcoin would hit $99+ this month? Even though not is a imagination to hit $30k-$40k in the next bear market, let's wait and see what will happen. Bitcoin will rise up in next year because when Trump has taken over the leadership of America government and if the economic policies are favourable and many cryptocurrency companies bounce back again and new once emerge then the price will increase because the adoption will be high.
Though I don't know the particular price the bear market will be but that is my prediction and you can also predict yours. If bitcoin price was $15k in the previous bear market then it will be between what I said in this comment.
It is definitely very hard to predict accurately Bitcoin movement predictions, when there are so many external factors that will uniquely affect the price. If adoption spreads and economic policies are reigned in to help the transition to blockchain technology then we stand to witness and reap some of these benefits.
There’s no one to tell exactly what bitcoin’s price will be, though estimating a range of possible prices according to old trends is something you want to do anyway. Therefore a bear market will not occur until bad news ceases to be intentionally published which requires very big news to trigger this.
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Bitcoin prices during the 2022 bearish season are still cheap, but if we don't have free funds to buy at that time and hold them until now, it will be difficult for us to do so. because holding more than 2 years is a natural time where we will have living needs that must be met if we don't have free funds to invest in crypto, of course our investment will be disrupted.
Indeed. In 2022-2023, Bitcoin price was cheap enough. It is just strange if people just realize to buy now. They should buy at that time, during 2022-2023. If they bought Bitcoin as many as possible in 2022-2023, they will take profits now. Your are right, we only need to hold around 2-3 years. However, it is a must to use safe money for Bitcoin investment. We don't use loan money although we bought Bitcoin at cheap prices.
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Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
If the Bitcoin market starts dumping, I don't know if it will drop below $60k, but hopefully it won't drop below $60k. Those who have invested in Bitcoin are waiting to sell their Bitcoins. I think we must invest for a long time to make a profit from Bitcoin. But sometimes you have to be under a lot of tension after investing and making a wrong decision. So I think you can't do anything wrong that makes you feel under tension after investing.
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Bitcoin prices during the 2022 bearish season are still cheap, but if we don't have free funds to buy at that time and hold them until now, it will be difficult for us to do so. because holding more than 2 years is a natural time where we will have living needs that must be met if we don't have free funds to invest in crypto, of course our investment will be disrupted.
Indeed. In 2022-2023, Bitcoin price was cheap enough. It is just strange if people just realize to buy now. They should buy at that time, during 2022-2023. If they bought Bitcoin as many as possible in 2022-2023, they will take profits now. Your are right, we only need to hold around 2-3 years. However, it is a must to use safe money for Bitcoin investment. We don't use loan money although we bought Bitcoin at cheap prices.
There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.
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Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
Did you think that bitcoin would hit $99+ this month? Even though not is a imagination to hit $30k-$40k in the next bear market, let's wait and see what will happen. Bitcoin will rise up in next year because when Trump has taken over the leadership of America government and if the economic policies are favourable and many cryptocurrency companies bounce back again and new once emerge then the price will increase because the adoption will be high.
Though I don't know the particular price the bear market will be but that is my prediction and you can also predict yours. If bitcoin price was $15k in the previous bear market then it will be between what I said in this comment.
Bitcoin has reached $99,655 you can check it on CMC. so i think bitcoin price will reach $100K soon, probably next week. and after trump inauguration as US president in January next year bitcoin price will likely soar because many investors will start entering crypto market and buying bitcoin, maybe market concentration will be on bitcoin and altcoin will soon follow.
CoinGecko :
(https://i.imgur.com/AFPc6BS.png)
Right, it's just a matter of time before bitcoin will surpass $100K. Currently the momentum is there, and we can't avoid that the influence of DT is very much felt, and I think next year it will continue to increase and will reach ATH which may be beyond everyone's expectations so far.
Because there are many speculations that the price will be able to reach $150K, of course there are those who hope for that or there are other speculations. At a time like this, of course, everyone will be able to say that.
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Mate, I don't think your assurance that Bitcoin will go down to between $40k to $30k is going to happen in the next bear circle. First of all, we may experience a very long bull run with an expected price to hitting $130k towards the end of 2025.
Obviously, after a huge bull run, like what we are experiencing, it is mostly likely that Bitcoin price may not pull back to below $56k even at the worst bearish market situation because the awareness, interest, adoptions are growing higher, and this factors will push the demands to a Higher levels.
If the Bitcoin market starts dumping, I don't know if it will drop below $60k, but hopefully it won't drop below $60k. Those who have invested in Bitcoin are waiting to sell their Bitcoins. I think we must invest for a long time to make a profit from Bitcoin. But sometimes you have to be under a lot of tension after investing and making a wrong decision. So I think you can't do anything wrong that makes you feel under tension after investing.
No one knows on how it would really be that deep whenever the market would really be having its correction, we do know that if there is some bullish rally then in exchange there would really be that a bearish condition or situation too on which it will really be just that typical or usual when we do speak about market on which it does have that its up and down. In speaking about Bitcoin on being expensive for you then bare in mind that its not really that necessary for you to buy up a whole coin on which you could be able to do it on parts or fractions. We do know that each
individual will really be that totally different when it comes to financial capability and thats why purchasing will really be that basing up into that.
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There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.
People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. ;D
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No one knows on how it would really be that deep whenever the market would really be having its correction, we do know that if there is some bullish rally then in exchange there would really be that a bearish condition or situation too on which it will really be just that typical or usual when we do speak about market on which it does have that its up and down. In speaking about Bitcoin on being expensive for you then bare in mind that its not really that necessary for you to buy up a whole coin on which you could be able to do it on parts or fractions. We do know that each
individual will really be that totally different when it comes to financial capability and thats why purchasing will really be that basing up into that.
Those large movements in the price of the asset are inherent to the market and it lets us to gain practical experience in giving signals. The ownership of at least a slice of the Bitcoin is a good idea when it comes to investment allowing everyone to invest without feeling like they are being burdened with it. The main thing is to ensure that all the decisions taken by an organisation are given adequate attention and follow the financial plan.
People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. ;D
Skepticism is always a major factor of lack of action in investment system whenever there is no apparent chance to get a great investment. However, practise demonstrates that it is possible to act when conditions are not too dense, and this will turn out to be even more effective. This is a reasonable approach because it means taking advantage of low price levels to start investing, yet, we do it with much thought. While the attempt to pursue an opportunity is going hand in hand with the management of its risks, the next issue results in the belief in its potential as the way to cope with uncertainty at all.
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If the Bitcoin market starts dumping, I don't know if it will drop below $60k, but hopefully it won't drop below $60k. Those who have invested in Bitcoin are waiting to sell their Bitcoins. I think we must invest for a long time to make a profit from Bitcoin. But sometimes you have to be under a lot of tension after investing and making a wrong decision. So I think you can't do anything wrong that makes you feel under tension after investing.
We cannot say for sure which way the market will go if dumping occurs, but we can have an idea that it could be like this, as you and many others have different ideas.
Bitcoin is an excellent long-term investment. If you invest for the long term, then Bitcoin is the best coin to invest in. If you maintain DCA to invest in Bitcoin, then you do not need to look at which direction the market has moved for your investment.
On the other hand, if the market condition is better, those who have invested in Bitcoin for a short time and are waiting for a good market have planned to sell it. If the Bitcoin market is in good enough condition and cannot wait a few days, it would be better to sell it now. Now, if someone wants to invest again for a short time, I would tell them that since the price of Bitcoin is very high and there is market instability, it would be better to be patient and invest when the market stabilizes.
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There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.
People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. ;D
Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
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There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.
People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. ;D
Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
Two emotions that should be controlled when investing are fear and greed. Both are very dangerous, because greed makes us do things that are not in accordance with what was planned, such as holding longer to get more profit and we never know what will happen in the crypto market because sometimes the market suddenly drops. While fear also makes us not dare to take a chance.
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There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.
People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. ;D
Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
Two emotions that should be controlled when investing are fear and greed. Both are very dangerous, because greed makes us do things that are not in accordance with what was planned, such as holding longer to get more profit and we never know what will happen in the crypto market because sometimes the market suddenly drops. While fear also makes us not dare to take a chance.
I totally agree with what you said, because we will find it difficult to control ourselves and accuracy to anticipate because of the two problems we face.
Planning is good, but when greed has hit it, it is no longer realistic and always expects more than what has been determined, so that the momentum is lost, and we do not get what we should have gotten.
As well as the fear of executing because of the inability to read the existing situation so that we do not dare to decide to do it on time.
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There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.
People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. ;D
Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.
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All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.
It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.
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Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
It is true, brother. If you are afraid, you will never have the chance to buy at a cheap price. It is because when crypto price is very cheap, it often has bad news. This always happens in every bearish season, people don't dare to buy because of the many bad news around. But for the experienced people, they are happy because it is the best time to buy Bitcoin. 2 years ago when Bitcoin price was below $20k, there were FUDs saying Bitcoin to be banned in each country in the world. This makes people be afraid, but professional investors mustn't care about it and they probably bought as many as possible Bitcoin at that time.
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Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
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If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
I think people will target specific price, they actually don't really care about the time. If people still hold the Bitcoin, it is because they assume there will be higher price in the next year. However, the target should be realistic (reasonable), we don't be so greedy. Although it looks like there is a big chance for a higher price in the next year, we must be aware that there is no guarantee for this. We must understand that the market condition can change in a short time. So, we must always have some plans and get profits gradually to avoid the worse scenario.
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Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
if the target for me is profit and when buying coins I always target to sell at a certain price, but if the market looks good and likely to go up I will sell some of my coins according to the initial target and hold some to sell at a higher price. It doesn't mean being greedy but we have to follow the market trend.
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Bitcoin is an excellent long-term investment. If you invest for the long term, then Bitcoin is the best coin to invest in. If you maintain DCA to invest in Bitcoin, then you do not need to look at which direction the market has moved for your investment.
You said it, for me it is also the best investment because knowing that we do not have a btc as such yet, we can move forward in looking for one and that is with the DCA method, where it does not really matter what price it has now, always if it is bought gradually we will obtain more btc and that is good, it is not bad, we could say that in the world we are living in we must take advantage of every opportunity, we cannot waste the good things, that is why the DCA method is the one that gives the most hope to those who believe that their train has already passed and it has not.
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Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.
If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
if the target for me is profit and when buying coins I always target to sell at a certain price, but if the market looks good and likely to go up I will sell some of my coins according to the initial target and hold some to sell at a higher price. It doesn't mean being greedy but we have to follow the market trend.
As someone who makes an investment, of course, wants to achieve the best possible profit, and you have done well, you should, have been able to determine the target to be taken if it has indeed reached an increase, not to be more greedy by waiting for it to rise higher, because it could be wrong to anticipate and there, would be a correction again. Sell some if you see a positive position that it will be able to increase again so that you can get good results and will not lose if there is a correction, you can still hold it.
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All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.
It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.
Acceptance and awareness on how things do work will really be the key when you do invest whether on Bitcoin or other crypto as well. Acceptance of the risks then you wont really be worrying too much if the investment would go south and if you arent that prepared or accepting the risks then it will really be that just making you impulsive which is why it is really that important that you do really know on what you are doing and on what you are involved into. Bitcoin is expensive? Its not needed to buy a whole but you could be able to buy in fractions on which it will really be that basing up to your financial capacity and not forcing yourself on investing on which you cant be able to do so.
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As someone who makes an investment, of course, wants to achieve the best possible profit, and you have done well, you should, have been able to determine the target to be taken if it has indeed reached an increase, not to be more greedy by waiting for it to rise higher, because it could be wrong to anticipate and there, would be a correction again. Sell some if you see a positive position that it will be able to increase again so that you can get good results and will not lose if there is a correction, you can still hold it.
Indeed, everyone who invests in Bitcoin, they must have a goal for profits. ;)
No problem if you are trying to get higher profits by expecting selling at the peak price. However, I prefer to take profits gradually, I don't keep all the Bitcoin to sell at the peak price. I know this way possibly ends up with selling at disappointing price. So, I sell the Bitcoin gradually. We can secure the profits and minimize the chance of missing best price for selling.
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All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.
It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.
Acceptance and awareness on how things do work will really be the key when you do invest whether on Bitcoin or other crypto as well. Acceptance of the risks then you wont really be worrying too much if the investment would go south and if you arent that prepared or accepting the risks then it will really be that just making you impulsive which is why it is really that important that you do really know on what you are doing and on what you are involved into. Bitcoin is expensive? Its not needed to buy a whole but you could be able to buy in fractions on which it will really be that basing up to your financial capacity and not forcing yourself on investing on which you cant be able to do so.
In investing we must dare to accept risks. but with the right analysis and strategy because the risk in crypto investment will always be there.
Bitcoin is expensive, but we can buy according to our ability.
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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 want to tell you something about the things you mentioned. First of all, if you are an expert then you can buy altcoin . And if you are not very expert then you can buy Bitcoin for a long time. It will be better for you.
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If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
I think people will target specific price, they actually don't really care about the time. If people still hold the Bitcoin, it is because they assume there will be higher price in the next year. However, the target should be realistic (reasonable), we don't be so greedy. Although it looks like there is a big chance for a higher price in the next year, we must be aware that there is no guarantee for this. We must understand that the market condition can change in a short time. So, we must always have some plans and get profits gradually to avoid the worse scenario.
Since I joined the crypto world, I keep reading questions from those who are confused whether the price of bitcoin is worth buying! While they are busy looking for answers to these questions, the price of bitcoin continues to rise and this makes them frustrated and come back to ask the same question next year. I advise them to buy bitcoin via DCA, that's what Michael Saylor and El Salvador did, there is no loss that they will get and they are free to sell at any time at any price range.
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If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
I think people will target specific price, they actually don't really care about the time. If people still hold the Bitcoin, it is because they assume there will be higher price in the next year. However, the target should be realistic (reasonable), we don't be so greedy. Although it looks like there is a big chance for a higher price in the next year, we must be aware that there is no guarantee for this. We must understand that the market condition can change in a short time. So, we must always have some plans and get profits gradually to avoid the worse scenario.
Since I joined the crypto world, I keep reading questions from those who are confused whether the price of bitcoin is worth buying! While they are busy looking for answers to these questions, the price of bitcoin continues to rise and this makes them frustrated and come back to ask the same question next year. I advise them to buy bitcoin via DCA, that's what Michael Saylor and El Salvador did, there is no loss that they will get and they are free to sell at any time at any price range.
If we always have doubts, we will be left behind because others have already bought. This happened to me, when bitcoin was first launched I was hesitant to mine, because it took capital to buy equipment. because at that time there was a lot of bad news attacking bitcoin. and it turned out that my doubts were wrong, bitcoin became expensive and I was late to buy it.
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If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.
I think people will target specific price, they actually don't really care about the time. If people still hold the Bitcoin, it is because they assume there will be higher price in the next year. However, the target should be realistic (reasonable), we don't be so greedy. Although it looks like there is a big chance for a higher price in the next year, we must be aware that there is no guarantee for this. We must understand that the market condition can change in a short time. So, we must always have some plans and get profits gradually to avoid the worse scenario.
Since I joined the crypto world, I keep reading questions from those who are confused whether the price of bitcoin is worth buying! While they are busy looking for answers to these questions, the price of bitcoin continues to rise and this makes them frustrated and come back to ask the same question next year. I advise them to buy bitcoin via DCA, that's what Michael Saylor and El Salvador did, there is no loss that they will get and they are free to sell at any time at any price range.
If we always have doubts, we will be left behind because others have already bought. This happened to me, when bitcoin was first launched I was hesitant to mine, because it took capital to buy equipment. because at that time there was a lot of bad news attacking bitcoin. and it turned out that my doubts were wrong, bitcoin became expensive and I was late to buy it.
This kind of situation is not only in your case but many people have been in such a situation. Even after learning about Bitcoin, there was doubt and hesitation in investing, so the opportunity to buy from the dip end at that time had to be lost. However, as the days pass, Bitcoin will become more valuable and there will be more regrets. That is why if investors learn about Bitcoin first and take a decision with faith, this investment can become a valuable asset in the future. Because most people have not started using Bitcoin yet.
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If we always have doubts, we will be left behind because others have already bought. This happened to me, when bitcoin was first launched I was hesitant to mine, because it took capital to buy equipment. because at that time there was a lot of bad news attacking bitcoin. and it turned out that my doubts were wrong, bitcoin became expensive and I was late to buy it.
I think you missed the point of the discussion above. They are talking about investing with careful way, they don't say to avoid buying Bitcoin. Sure, we should join Bitcoin investment because it is a very potential investment. If people have bought Bitcoin, they must feel optimistic about Bitcoin future. However, people will try to make the goal for taking profits in a realistic way.
If you think it is too late to buy Bitcoin, you can buy an alternative coin such as Ethereum. It is not a must to invest in Bitcoin, we have many crypto coins.
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If we always have doubts, we will be left behind because others have already bought. This happened to me, when bitcoin was first launched I was hesitant to mine, because it took capital to buy equipment. because at that time there was a lot of bad news attacking bitcoin. and it turned out that my doubts were wrong, bitcoin became expensive and I was late to buy it.
I think you missed the point of the discussion above. They are talking about investing with careful way, they don't say to avoid buying Bitcoin. Sure, we should join Bitcoin investment because it is a very potential investment. If people have bought Bitcoin, they must feel optimistic about Bitcoin future. However, people will try to make the goal for taking profits in a realistic way.
If you think it is too late to buy Bitcoin, you can buy an alternative coin such as Ethereum. It is not a must to invest in Bitcoin, we have many crypto coins.
It seems that buying bitcoin is not too late if we decide to invest in the short and medium term. Buy during corrections and sell quickly when the price increases.
but if you want higher potential, we can buy other potential altcoins such as ethereum, BNB, Solana, TON and XRP.
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All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.
It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.
Acceptance and awareness on how things do work will really be the key when you do invest whether on Bitcoin or other crypto as well. Acceptance of the risks then you wont really be worrying too much if the investment would go south and if you arent that prepared or accepting the risks then it will really be that just making you impulsive which is why it is really that important that you do really know on what you are doing and on what you are involved into. Bitcoin is expensive? Its not needed to buy a whole but you could be able to buy in fractions on which it will really be that basing up to your financial capacity and not forcing yourself on investing on which you cant be able to do so.
In investing we must dare to accept risks. but with the right analysis and strategy because the risk in crypto investment will always be there.
Bitcoin is expensive, but we can buy according to our ability.
Actually in everything we have to calculate all the risks that we do and will experience and this is especially with investments in crypto where the situation is always changing quickly with very high risks. but once again if we don't start then we will be left behind and not know what we will do next. starting with investing in potential altcoins will be safer, especially in bitcoin of course, but bitcoin is expensive so we outsmart it by buying with DCA.
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It seems that buying bitcoin is not too late if we decide to invest in the short and medium term. Buy during corrections and sell quickly when the price increases.
but if you want higher potential, we can buy other potential altcoins such as ethereum, BNB, Solana, TON and XRP.
After experiencing an increase of up to 500% in 1 month, XRP has now become a coin that is quite expensive to own, right? Many people are starting to fear their failure to maintain their XRP position, because the fate of the SEC is really in the hands of US politics led by Trump in January.
The movement for the XRP coin is currently in a sideways period, after a very big pump this month, XRP is still being monitored as a coin with potential government support... the key to XRP's movement is in Q1 2025... we will see it skyrocket even higher, or sink in a bearish period...
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If we always have doubts, we will be left behind because others have already bought. This happened to me, when bitcoin was first launched I was hesitant to mine, because it took capital to buy equipment. because at that time there was a lot of bad news attacking bitcoin. and it turned out that my doubts were wrong, bitcoin became expensive and I was late to buy it.
I think you missed the point of the discussion above. They are talking about investing with careful way, they don't say to avoid buying Bitcoin. Sure, we should join Bitcoin investment because it is a very potential investment. If people have bought Bitcoin, they must feel optimistic about Bitcoin future. However, people will try to make the goal for taking profits in a realistic way.
If you think it is too late to buy Bitcoin, you can buy an alternative coin such as Ethereum. It is not a must to invest in Bitcoin, we have many crypto coins.
It seems that buying bitcoin is not too late if we decide to invest in the short and medium term. Buy during corrections and sell quickly when the price increases.
but if you want higher potential, we can buy other potential altcoins such as ethereum, BNB, Solana, TON and XRP.
So you are advocating trading Bitcoin on a very short term basis. Without extensive experience I would not advise that practice because it is so easy to get it wrong and lose what you had.
It needs to be said again that you can hold Satoshis rather than a whole bitcoin, the percentage rise will be the same.
Sure you can buy other altcoins instead, that isnt a new proposal but i would be focussing firstly on Bitcoin and then on other truly decentralised options
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Bitcoin is famous for its price volatility and is characterized by rapid fluctuations and speculative trading activity. While this volatility presents opportunities for significant gains, it does not necessarily mean investors have high risk and potential losses. If you understand all aspects of bitcoin and have enough capital then you can invest in bitcoin. Current investment patterns show a growing interest in bitcoin, especially among the younger population so the price of bitcoin may rise further in the future. Moreover, bitcoin limited supply and decentralized nature make it an alternative to traditional assets that appeals to some investors. There is no risk of scam from bitcoin so you should definitely invest here but you should have the idea to buy and sell at the right time.
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Since I joined the crypto world, I keep reading questions from those who are confused whether the price of bitcoin is worth buying! While they are busy looking for answers to these questions, the price of bitcoin continues to rise and this makes them frustrated and come back to ask the same question next year. I advise them to buy bitcoin via DCA, that's what Michael Saylor and El Salvador did, there is no loss that they will get and they are free to sell at any time at any price range.
It is a good idea to buy with DCA strategy. This won't require a lot of funds, you also can buy Bitcoin at some price. This potentially get some best time for buying Bitcoin. Sure, it is okay to buy Bitcoin in this way because the risk will be quite safer. However, this should be better if we start buying with DCA strategy in the bearish season. When it is in bullrun season, we must be quite careful buying at a too high price. Just avoid to buy at the peak!!
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If we always have doubts, we will be left behind because others have already bought. This happened to me, when bitcoin was first launched I was hesitant to mine, because it took capital to buy equipment. because at that time there was a lot of bad news attacking bitcoin. and it turned out that my doubts were wrong, bitcoin became expensive and I was late to buy it.
I think you missed the point of the discussion above. They are talking about investing with careful way, they don't say to avoid buying Bitcoin. Sure, we should join Bitcoin investment because it is a very potential investment. If people have bought Bitcoin, they must feel optimistic about Bitcoin future. However, people will try to make the goal for taking profits in a realistic way.
If you think it is too late to buy Bitcoin, you can buy an alternative coin such as Ethereum. It is not a must to invest in Bitcoin, we have many crypto coins.
It seems that buying bitcoin is not too late if we decide to invest in the short and medium term. Buy during corrections and sell quickly when the price increases.
but if you want higher potential, we can buy other potential altcoins such as ethereum, BNB, Solana, TON and XRP.
So you are advocating trading Bitcoin on a very short term basis. Without extensive experience I would not advise that practice because it is so easy to get it wrong and lose what you had.
It needs to be said again that you can hold Satoshis rather than a whole bitcoin, the percentage rise will be the same.
Sure you can buy other altcoins instead, that isnt a new proposal but i would be focussing firstly on Bitcoin and then on other truly decentralised options
I think there is no harm in conducting short or medium -term trading at this time. It is still true for purchases when there is a correction, because the opportunity to still increase is still open. If you really have funds, I think it is legitimate to do so, just unfortunately, the price is too high, so we are looking for alternatives that can be replaced and there is a lot of potential alcoins to be sought as a replacement.
Do not hesitate to use a potential altcoin because the season hasn't come completely and will arrive.
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I think there is no harm in conducting short or medium -term trading at this time. It is still true for purchases when there is a correction, because the opportunity to still increase is still open. If you really have funds, I think it is legitimate to do so, just unfortunately, the price is too high, so we are looking for alternatives that can be replaced and there is a lot of potential alcoins to be sought as a replacement.
I even think it is a better choice to do short or medium trading nowadays. If we want to have a long term holding, it is not the best time for buying the coins. Most coins have increased quite a lot although there are still many of them not reaching their ATH yet. I also buy some coins and set them to sell for a short or medium trading. Sure, we have many potential altcoins, the top altcoins can be the most recommended ones.
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I think there is no harm in conducting short or medium -term trading at this time. It is still true for purchases when there is a correction, because the opportunity to still increase is still open. If you really have funds, I think it is legitimate to do so, just unfortunately, the price is too high, so we are looking for alternatives that can be replaced and there is a lot of potential alcoins to be sought as a replacement.
Do not hesitate to use a potential altcoin because the season hasn't come completely and will arrive.
The trading at short or medium term can be an interesting thing, if one has a good idea of the trends on the market. Should the price feel too high, it’s time to look for other kinds of assets, which can give you a good altcoin to explore in terms of potential growth. The crypto market is quite diverse, so it is always possible to find something suitable, what is important, the crypto market is always waiting for those who are willing to spend their time for studying various types of valuable assets. Thus, by evaluating trends and analysis of potential of the projects behind altcoins, we create a possibility to see the assets which might bring highly satisfactory return in future. As Keynes pointed out, there is no surefire way to make money in investments, but if we follow reasonable procedures we should not go far wrong.
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I think there is no harm in conducting short or medium -term trading at this time. It is still true for purchases when there is a correction, because the opportunity to still increase is still open. If you really have funds, I think it is legitimate to do so, just unfortunately, the price is too high, so we are looking for alternatives that can be replaced and there is a lot of potential alcoins to be sought as a replacement.
I even think it is a better choice to do short or medium trading nowadays. If we want to have a long term holding, it is not the best time for buying the coins. Most coins have increased quite a lot although there are still many of them not reaching their ATH yet. I also buy some coins and set them to sell for a short or medium trading. Sure, we have many potential altcoins, the top altcoins can be the most recommended ones.
I also think the same as you, right now we should choose short and medium term investment because the price has gone up high, if we choose long term hold we can buy during the bearish season which will probably happen in 2026.
Right now I am buying some top altcoins and plan to hold medium term and sell them next year.
In addition I also do daily trading.
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I also think the same as you, right now we should choose short and medium term investment because the price has gone up high, if we choose long term hold we can buy during the bearish season which will probably happen in 2026.
Right now I am buying some top altcoins and plan to hold medium term and sell them next year.
In addition I also do daily trading.
We are likely in the high prices of almost all crypto coins. It is not the right time to buy for a long term holding anymore. This is the time to sell our crypto coins, then the money we get to be the funds for buying again crypto coins in the next bearish season. Yes, if we want to buy coins for a long term holding, it must be in the bearish season. So, just be patient to wait for the next bearish, it may be in the next 1-2 years. I think we must enjoy first this bullrun season. We need to gain money as much as possible during this bullrun season. ;D
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I think there is no harm in conducting short or medium -term trading at this time. It is still true for purchases when there is a correction, because the opportunity to still increase is still open. If you really have funds, I think it is legitimate to do so, just unfortunately, the price is too high, so we are looking for alternatives that can be replaced and there is a lot of potential alcoins to be sought as a replacement.
I even think it is a better choice to do short or medium trading nowadays. If we want to have a long term holding, it is not the best time for buying the coins. Most coins have increased quite a lot although there are still many of them not reaching their ATH yet. I also buy some coins and set them to sell for a short or medium trading. Sure, we have many potential altcoins, the top altcoins can be the most recommended ones.
I also think the same as you, right now we should choose short and medium term investment because the price has gone up high, if we choose long term hold we can buy during the bearish season which will probably happen in 2026.
Right now I am buying some top altcoins and plan to hold medium term and sell them next year.
In addition I also do daily trading.
Having a portfolio that includes short or medium term investment, and day trading allows one to capitalise on opportunities within different market situations. By the use of this strategy, it becomes possible to trade when asset prices are at highs without necessarily stopping out, due to long term risks. By purchasing core altcoins with the intention of selling after a period, we are usual both capital gain and protection. This is very risky but we become profitable when we can trade in very volatile price moves within a single trading day. At every turn we demonstrate that it is not only the money being invested, but also creating a strategy based on experience that will pay off in the future.
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I also think the same as you, right now we should choose short and medium term investment because the price has gone up high, if we choose long term hold we can buy during the bearish season which will probably happen in 2026.
Right now I am buying some top altcoins and plan to hold medium term and sell them next year.
In addition I also do daily trading.
Have many time with bearish season moment its my reason why set up short term target for trading right now, during bitcoin break new higher price have many time correction moment and easy take much profitable if set up for short term trading.
But not matter if want try long term trading set up if you have much money when bearish season coming still have capital to buy back at lower price and back up your correction before.
just make simple with trading as short term during bearish moment always come every week to buy back many bitcoin or having many altcoin assets.
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Have many time with bearish season moment its my reason why set up short term target for trading right now, during bitcoin break new higher price have many time correction moment and easy take much profitable if set up for short term trading.
But not matter if want try long term trading set up if you have much money when bearish season coming still have capital to buy back at lower price and back up your correction before.
just make simple with trading as short term during bearish moment always come every week to buy back many bitcoin or having many altcoin assets.
It doesn't really matter what kinda timespan we are using as long as we are profitable and comfortable with it some traders prefer scalping, swing or long term holding but what really is important is that we love what we are doing and it does not compromise our time, effort and of course our investment.
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- Since I entered the bitcoin industry, I have experienced buying bitcoin even if it is only worth $10, and even until now, any of us here still do it. Some people I know say that bitcoin is expensive when you buy it. These are the people who are ignorant about these matters.
Of course I said, if you buy one bitcoin, it is really expensive, but we can buy it even if it is only $10, this is what I told them. Then I even gave an example that it is good that with bitcoin even if it is $10, you can buy it and save, but with Gold you cannot buy $10 worth. So, it is easier to invest in bitcoin compared to Gold, this is what I told my acquaintance.
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Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
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Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
Currently I no longer use the DCA method to buy bitcoin and altcoin because the price is already high. I only buy coins when the market is correcting.
Bitcoin is a coin that has high potential to rise this year, because the demand for bitcoin is quite high, so when a correction occurs, it doesn't take long for the price of bitcoin to rise again.
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Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
Talking about the long term, doing DCA on bitcoin is indeed the right solution. But if the goal is short term then I don't really recommend it, especially for those who are not used to the current volatility. But I'm sure those who are into bitcoin are mostly long term. So whatever the price, it will continue to accumulate. So it is not surprising that currently the support that Bitcoin has is very strong and well Bitcoin doesn't seem like it will fall that much from the 90k point and will continue to bounce back to penetrate 100k again.
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Have many time with bearish season moment its my reason why set up short term target for trading right now, during bitcoin break new higher price have many time correction moment and easy take much profitable if set up for short term trading.
But not matter if want try long term trading set up if you have much money when bearish season coming still have capital to buy back at lower price and back up your correction before.
just make simple with trading as short term during bearish moment always come every week to buy back many bitcoin or having many altcoin assets.
It doesn't really matter what kinda timespan we are using as long as we are profitable and comfortable with it some traders prefer scalping, swing or long term holding but what really is important is that we love what we are doing and it does not compromise our time, effort and of course our investment.
To some extent, it does not matter on the use of any trading Time Frames (that is, High Time Frame or Low Time Frames) because there of different types of trading, it all depends on individuals strategies.
For example, a day trader or a scalper, normally uses Low Time Frames, it is suitable for this traders because they can exist the market before or at the end of the day. A day trader may used a lower time frame with certain market indicators, while a scalper may apply the lowest Time (that is, from 1 minute to 1 hour ) frames to quickly close his/her trades with a little profit margins.
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Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
Talking about the long term, doing DCA on bitcoin is indeed the right solution. But if the goal is short term then I don't really recommend it, especially for those who are not used to the current volatility. But I'm sure those who are into bitcoin are mostly long term. So whatever the price, it will continue to accumulate. So it is not surprising that currently the support that Bitcoin has is very strong and well Bitcoin doesn't seem like it will fall that much from the 90k point and will continue to bounce back to penetrate 100k again.
Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
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Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
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Currently I no longer use the DCA method to buy bitcoin and altcoin because the price is already high. I only buy coins when the market is correcting.
It is a good decision. We don't need to force ourselves to buy Bitcoin every time. If the price is likely too high for entry, it is better to wait for the correction time.
Bitcoin is a coin that has high potential to rise this year, because the demand for bitcoin is quite high, so when a correction occurs, it doesn't take long for the price of bitcoin to rise again.
Bitcoin will increase high, it is because the effect of Trump. But make sure to have the right plan to take profits. It may reach its peak price soon in this year. Once it achieves its peak, it will drop gradually to the low price again. So we must be careful to decide buying Bitcoin, always do deep analysis.
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Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.
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Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.
It should be, as you said, and must adjust to the current situation where it is when an increase will occur. Therefore, short-term trading is very promising because the movements that occur change very quickly, so that they produce a difference that we can get for profit.
The target is always well determined so that when it has been achieved, we let go and don't be greedy, because we can lose the opportunity to make a profit.
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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?.
Buying Bitcoin is a very good option rather than going to the altcoins sea, as it is filled with lots of pump and dump coins. Though the price of Bitcoin is high, it is not too late to buy the fractions your funds can afford.
Good thing about you buying Bitcoin is that Bitcoin is more like a store of value and profit is always possible in Bitcoin no matter the period you made your investment, though you must have in mind that there come the times where the entire market faces a bear run, which Bitcoin is the top leader, fear not, cause that is the bear season, where the market will be filled with lots of red candles. What takes everyone out of this season is being calm and patient.
While you invest in Bitcoin, you can also go forth making Personal research about the crypto industry. This is vital for your own personal decision making as you continue to grow here.
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Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.
The right step is to fine tune the trading strategies according to the market situation with a view to giving optimal churn to the opportunities available. Where the potential for bullish appears to be stronger, it may be better to select and make short-term trades that have goals since these can be more easily defined. It means that we can get our revenues more quickly and still keep an eye on fluctuation of the markets. But the most important point is that none of the decisions being made are made hastily or because of some predictable reaction on the part of the other side. It means that opportunities that are emerging with environment should be tapped only after lot of caution while the plans that are prepared with aim to look for definite results should be undertaken in a careful approach. Thus it is as important for us to recall that Bitcoin still has very high potential as far field remains to be supplied by the miners.
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Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.
2025 is the year when Bitcoin should go and break previous ATHes, so I do agree with the fact that one may try and buy it now at any price, and it would be even wiser just to hold it till the next bull cycle to reap even more.
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Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
That is a risk that must be taken, which means when they do this it can make them a little behind the ship that will sail even further. Well, this is something that must be considered too, because basically we have to be ready for that.
Like for example when the price is still in the range of 60k to 70k, then it jumps rapidly to 100k, well I think there will be a little regret.
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Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.
However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
That is a risk that must be taken, which means when they do this it can make them a little behind the ship that will sail even further. Well, this is something that must be considered too, because basically we have to be ready for that.
Like for example when the price is still in the range of 60k to 70k, then it jumps rapidly to 100k, well I think there will be a little regret.
- You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.
So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
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- You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.
So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
We can indeed buy bitcoin gradually according to our ability, with $ 10 we can have bitcoin. It is indeed small but if we start saving consistently it will become a lot for one year.
because bitcoin is a good asset for long-term holding, we can do the DCA method.
Bitcoin is indeed expensive if you buy 1 BTC, but we can buy in small amounts, because you don't have to buy 1 BTC.
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That is a risk that must be taken, which means when they do this it can make them a little behind the ship that will sail even further. Well, this is something that must be considered too, because basically we have to be ready for that.
Like for example when the price is still in the range of 60k to 70k, then it jumps rapidly to 100k, well I think there will be a little regret.
- You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.
So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
Yes, that's what we think too, but in fact some people don't see it as something that is really worth doing. Even in some discussions there are people who ask whether they can still buy bitcoin or not when the price is already very high.
For beginners I still think this is a natural thing, but if the person is experienced then I am the one who questions why they are still questioning something that they should already understand.
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Yes, that's what we think too, but in fact some people don't see it as something that is really worth doing. Even in some discussions there are people who ask whether they can still buy bitcoin or not when the price is already very high.
For beginners I still think this is a natural thing, but if the person is experienced then I am the one who questions why they are still questioning something that they should already understand.
It's never too late to accumulate more Bitcoin.
The price we see now would be an Eden in a decade and more so further down the line.
So I truly agree with you - and newbies should just learn more about Bitcoin to understand that.
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Yes, that's what we think too, but in fact some people don't see it as something that is really worth doing. Even in some discussions there are people who ask whether they can still buy bitcoin or not when the price is already very high.
For beginners I still think this is a natural thing, but if the person is experienced then I am the one who questions why they are still questioning something that they should already understand.
It's never too late to accumulate more Bitcoin.
The price we see now would be an Eden in a decade and more so further down the line.
So I truly agree with you - and newbies should just learn more about Bitcoin to understand that.
Some people feel they are too late, when in fact that is what will be an obstacle for them. When they see other people already making a profit, they are too afraid to have bitcoin because they are afraid the price will reverse.
Even though someone who already has bitcoin is still accumulating their bitcoin amount by doing DCA. With knowledge and experience, that doubt will disappear by itself, so never get tired of continuing to learn.
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- You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.
So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
We can indeed buy bitcoin gradually according to our ability, with $ 10 we can have bitcoin. It is indeed small but if we start saving consistently it will become a lot for one year.
because bitcoin is a good asset for long-term holding, we can do the DCA method.
Bitcoin is indeed expensive if you buy 1 BTC, but we can buy in small amounts, because you don't have to buy 1 BTC.
Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
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Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
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Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
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Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Bitcoin is a perfect coin for a long term holding. It is the fact, dude. Sure, everyone will agree because Bitcoin has proven to grow well from years to years.
Sure, Bitcoin plays a very crucial role in crypto space. Bitcoin can influence the prices of all altcoins in the market. That's why people always monitor the price movement of Bitcoin before they invest in any crypto coin. And people make Bitcoin to be their priority for investment. Bitcoin is like the main coin in crypto. Yes, buying with DCA is a good idea. But do it during the bearish season.
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Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Bitcoin is a perfect coin for a long term holding. It is the fact, dude. Sure, everyone will agree because Bitcoin has proven to grow well from years to years.
Sure, Bitcoin plays a very crucial role in crypto space. Bitcoin can influence the prices of all altcoins in the market. That's why people always monitor the price movement of Bitcoin before they invest in any crypto coin. And people make Bitcoin to be their priority for investment. Bitcoin is like the main coin in crypto. Yes, buying with DCA is a good idea. But do it during the bearish season.
Bitcoin does have a brilliant image of being an awesome long-run financial investment asset, and the asset value remains a reference in the world of cryptocurrency. Due to this, investors seeking stable brands and potentially profitable stocks select it year after year. The immense impact it has on altcoins also consolidates its dominance of the marketplace. Thus it is advisable that a gradual buying strategy, particularly during a bear market is the correct move in order to optimise the future results. Bitcoin integration in yours and my portfolio remains no other but a rational course of action and as a result we place a lot of emphasis in the never ending enhancement of the technological aspect.
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Bitcoin does have a brilliant image of being an awesome long-run financial investment asset, and the asset value remains a reference in the world of cryptocurrency. Due to this, investors seeking stable brands and potentially profitable stocks select it year after year. The immense impact it has on altcoins also consolidates its dominance of the marketplace. Thus it is advisable that a gradual buying strategy, particularly during a bear market is the correct move in order to optimise the future results. Bitcoin integration in yours and my portfolio remains no other but a rational course of action and as a result we place a lot of emphasis in the never ending enhancement of the technological aspect.
Indeed. Bitcoin becomes one of the most popular assets in the world nowadays. People are aware that Bitcoin have a big potential to increase its value in the future. Sure, it is better to have Bitcoin in our portfolio. It should be the main assets among other crypto coins. We know Bitcoin is the most recommended coin, its price history is very clear. Bitcoin adoption is also more massive. So Bitcoin investment becomes a common asset for most people nowadays.
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Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Dont make yourself that thinking that you do need up to complete or buy a whole coin on which we know that we can be able to buy in fractions. Its not bad to have targets but we do know that when it comes to financial capacity then each person would really be that different into this approach and this is why its really that important that you do really know on how to set up your goals when it comes to investment. So it will really be that too impossible that you cant be able to determine on what are the ways or methods that you will be that doing because it will be that recommended that you should be having that good financial management because if you dont then you will be having that huge issue.
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Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Dont make yourself that thinking that you do need up to complete or buy a whole coin on which we know that we can be able to buy in fractions. Its not bad to have targets but we do know that when it comes to financial capacity then each person would really be that different into this approach and this is why its really that important that you do really know on how to set up your goals when it comes to investment. So it will really be that too impossible that you cant be able to determine on what are the ways or methods that you will be that doing because it will be that recommended that you should be having that good financial management because if you dont then you will be having that huge issue.
Agree with that, Setting a goal when investing is a good starting point, to make sure that we do not go wrong in the process. This is not something that puts pressure on people to have to buy an entire coin because the nature of this technology means we can invest as per our ability. We have to respect our financial capabilities of one another and our financial goals, so that the measures taken fall under our conditions. Even running a company and managing your personal life, we can reduce possible dangers and balance spending for today with saving for tomorrow. That is how one can still construct the portfolio which has the prospects for growth while not comprising the financial security level.
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Bitcoin does have a brilliant image of being an awesome long-run financial investment asset, and the asset value remains a reference in the world of cryptocurrency. Due to this, investors seeking stable brands and potentially profitable stocks select it year after year. The immense impact it has on altcoins also consolidates its dominance of the marketplace. Thus it is advisable that a gradual buying strategy, particularly during a bear market is the correct move in order to optimise the future results. Bitcoin integration in yours and my portfolio remains no other but a rational course of action and as a result we place a lot of emphasis in the never ending enhancement of the technological aspect.
Indeed. Bitcoin becomes one of the most popular assets in the world nowadays. People are aware that Bitcoin have a big potential to increase its value in the future. Sure, it is better to have Bitcoin in our portfolio. It should be the main assets among other crypto coins. We know Bitcoin is the most recommended coin, its price history is very clear. Bitcoin adoption is also more massive. So Bitcoin investment becomes a common asset for most people nowadays.
Bitcoin is the future. For both ordinary people and institutions alike.
Nothing would beat it in terms of stability + the potential intact.
Period.
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Talking about bitcoin expensive or not depend our braveness take decision to buy or not, maybe many people have got disappointed after claiming bitcoin have reach most expensive price when hitting new ATH last year above $70k but taking around few months later bitcoin success hit new ATH until $109k.
If you won't loss bigger opportunity by investing in bitcoin not scare yet although bitcoin have reach above $100k always have new or another expensive price in the future with bitcoin possibility raise to $150 until $200k.
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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?.
You don't wait till when you have a huge amount of money before investing in Bitcoin. Bitcoin investments can be made in bits depending on how much you can afford to lose weekly or monthly. However, at this time of the market, I wouldn't advise you to invest in Bitcoin and expect much profit thereafter in short intervals unless long term if you can be patient enough. But if your intention of coming to crypto is to make short-term gains, altcoin investments are what I can advise you to invest in because Bitcoin is currently at a high price while some potential coins, you can take the risk of investment in them but let it be for the short term. Maybe you will use your profits from altcoin to invest in Bitcoin during the bearish market.
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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?.
You don't wait till when you have a huge amount of money before investing in Bitcoin. Bitcoin investments can be made in bits depending on how much you can afford to lose weekly or monthly. However, at this time of the market, I wouldn't advise you to invest in Bitcoin and expect much profit thereafter in short intervals unless long term if you can be patient enough. But if your intention of coming to crypto is to make short-term gains, altcoin investments are what I can advise you to invest in because Bitcoin is currently at a high price while some potential coins, you can take the risk of investment in them but let it be for the short term. Maybe you will use your profits from altcoin to invest in Bitcoin during the bearish market.
If you are really that eager on investing with Bitcoin then you can really do it on small parts because it all matters on how you will really be able to make yourself making out such investment because not all will really be having such consideration because due to lack of financial capacity and thats why not all will really be having that investment or missed out the opportunity because of such financial lacking or problem on which this indeed fact the reality. Is bitcoin too expensive? Come to think that you can buy out in fractions on which you wouldnt really be needing up to buy a whole coin. When you are that positive towards it then you can buy in small portions and saving up for long term.
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Indeed. Bitcoin becomes one of the most popular assets in the world nowadays. People are aware that Bitcoin have a big potential to increase its value in the future. Sure, it is better to have Bitcoin in our portfolio. It should be the main assets among other crypto coins. We know Bitcoin is the most recommended coin, its price history is very clear. Bitcoin adoption is also more massive. So Bitcoin investment becomes a common asset for most people nowadays.
Bitcoin is the future. For both ordinary people and institutions alike.
Nothing would beat it in terms of stability + the potential intact.
Period.
Bitcoin is not only for the future, but BTC is worth for all time, now and the future. If we can use it optimally, even Bitcoin will remain valuable even during bearish times, where some people complain about the price dropping, but others actually take advantage of the moment to increase their Bitcoin ownership.
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Bitcoin is not only for the future, but BTC is worth for all time, now and the future. If we can use it optimally, even Bitcoin will remain valuable even during bearish times, where some people complain about the price dropping, but others actually take advantage of the moment to increase their Bitcoin ownership.
It's provably fair and it's evidentially that we have seen Bitcoin for the past few years without falling or even seen as something very that dangerous to people, even though the earlier people didn't believe on bitcon but has later found interest in it and started to invest in Bitcoin, this has shown how strong Bitcoin is for this past years, and yet more people are delving into it with all possibilities.
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Bitcoin is not only for the future, but BTC is worth for all time, now and the future. If we can use it optimally, even Bitcoin will remain valuable even during bearish times, where some people complain about the price dropping, but others actually take advantage of the moment to increase their Bitcoin ownership.
It's provably fair and it's evidentially that we have seen Bitcoin for the past few years without falling or even seen as something very that dangerous to people, even though the earlier people didn't believe on bitcon but has later found interest in it and started to invest in Bitcoin, this has shown how strong Bitcoin is for this past years, and yet more people are delving into it with all possibilities.
Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Although sometimes it experiences a very deep correction, but in the end bitcoin finds a reversal and reaches its ATH again.
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Bitcoin is not only for the future, but BTC is worth for all time, now and the future. If we can use it optimally, even Bitcoin will remain valuable even during bearish times, where some people complain about the price dropping, but others actually take advantage of the moment to increase their Bitcoin ownership.
It's provably fair and it's evidentially that we have seen Bitcoin for the past few years without falling or even seen as something very that dangerous to people, even though the earlier people didn't believe on bitcon but has later found interest in it and started to invest in Bitcoin, this has shown how strong Bitcoin is for this past years, and yet more people are delving into it with all possibilities.
Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Although sometimes it experiences a very deep correction, but in the end bitcoin finds a reversal and reaches its ATH again.
Even if the market witness a strong rejection there are all hope and trust that bitcoin wouldn't fall flat to the rate where people would lose entirely like other memecoin such as the Trump coin that has gained so much lose or rejection in the market, some investors lose millions of dollars in the name of investment in that projects. With this experience no one would ever what to venture into that investment anymore and even if the project regain back it's price people would be afraid to invest in that project, but investing in bitcoin you have nothing to worry provided they can withstand the market forces such as dip moments then definitely the bull moment Sha show up itself again and they will still make profits since it always creates new ATH.
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So I went back checked the date on Dec 11 2023
Price was 43k
Price on jan 26 2025 is 105k
So
43k to 105k in 13 months pretty much means the answer on day one of this thread was no you need to buy buy buy.
If you do just as well as the last 13 months the 105k will be over 250k
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Even if the market witness a strong rejection there are all hope and trust that bitcoin wouldn't fall flat to the rate where people would lose entirely like other memecoin such as the Trump coin that has gained so much lose or rejection in the market, some investors lose millions of dollars in the name of investment in that projects. With this experience no one would ever what to venture into that investment anymore and even if the project regain back it's price people would be afraid to invest in that project, but investing in bitcoin you have nothing to worry provided they can withstand the market forces such as dip moments then definitely the bull moment Sha show up itself again and they will still make profits since it always creates new ATH.
It is better not to compare bitcoin with meme coins like Trump. Because the popularity of bitcoin has been going on for a decade and remains the most popular coin and is in demand by many people. In my opinion bitcoin is the safest coin to invest in.
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Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Do you mean rejection from many countries in the past?
Yes, Bitcoin could keep growing although there were many bad issues in the past. Now, I think there is no rejections for Bitcoin. Even many countries will try to have Bitcoin as many as possible.
Although sometimes it experiences a very deep correction, but in the end bitcoin finds a reversal and reaches its ATH again.
It is in the bearish season. It is normal if we have a big correction. It is also a good chance for everyone to buy it at a very cheap price. So, it is not a bad side of Bitcoin, right?
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Snip
It is better not to compare bitcoin with meme coins like Trump. Because the popularity of bitcoin has been going on for a decade and remains the most popular coin and is in demand by many people. In my opinion bitcoin is the safest coin to invest in.
Of course there is no place to compare bitcoin with shitcoin and even though if that meme coin was launched years back it would still die off because lot of people's do not find interest in shitcoi and memecoin. So like you said bitcoin has always remain the best amount all, and we should try to prioritize bitcoin than any other altcoin out there as safe haven.
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There is no denying that Bitcoin is currently expensive, but it is not a requirement for an investor to invest in one Bitcoin, but rather to invest according to their ability and plan. If someone has the ability to invest $1,000, they will invest, and if someone has the ability to invest $10, they will invest according to that ability. In this case, whether the price is expensive or not does not depend on it. However, as time goes on, Bitcoin will become more and more out of reach for people to invest, meaning that if the price increases, those who are willing to invest a small amount will not be able to invest, even though they may want to.
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Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Do you mean rejection from many countries in the past?
Yes, Bitcoin could keep growing although there were many bad issues in the past. Now, I think there is no rejections for Bitcoin. Even many countries will try to have Bitcoin as many as possible.
Bitcoin continues to grow well because the trust in it continues to grow and makes bitcoin a profitable investment. I think there is still rejection from some countries, but the rejection varies from those who do not recognize it as a legal tender and but only be traded and must be exchanged with local fiat to transact and all the restrictions that can occur, but overall more have recognized it,
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Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Do you mean rejection from many countries in the past?
Yes, Bitcoin could keep growing although there were many bad issues in the past. Now, I think there is no rejections for Bitcoin. Even many countries will try to have Bitcoin as many as possible.
Bitcoin continues to grow well because the trust in it continues to grow and makes bitcoin a profitable investment. I think there is still rejection from some countries, but the rejection varies from those who do not recognize it as a legal tender and but only be traded and must be exchanged with local fiat to transact and all the restrictions that can occur, but overall more have recognized it,
Bitcoin is about to experience two decades now and right from the beginning that was how they have been battling to end bitcoin but presently it's no longer a thing to be controlled by any authorities or either subjected to power to control its growth and the overall performances. Currently bitcoin has gain more strength over the globe since it wasn't something they could put to an end but instead have realized their mistakes on how they have missed a lots.
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Bitcoin continues to grow well because the trust in it continues to grow and makes bitcoin a profitable investment. I think there is still rejection from some countries, but the rejection varies from those who do not recognize it as a legal tender and but only be traded and must be exchanged with local fiat to transact and all the restrictions that can occur, but overall more have recognized it,
Acceptance and acknowledgment would change said rejection, more time is needed, much more than what took us to the point of time we are in with BTC.
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There is no denying that Bitcoin is currently expensive, but it is not a requirement for an investor to invest in one Bitcoin, but rather to invest according to their ability and plan. If someone has the ability to invest $1,000, they will invest, and if someone has the ability to invest $10, they will invest according to that ability. In this case, whether the price is expensive or not does not depend on it. However, as time goes on, Bitcoin will become more and more out of reach for people to invest, meaning that if the price increases, those who are willing to invest a small amount will not be able to invest, even though they may want to.
yep
10 bucks a day
10 bucks a week
10 bucks a month
all of the above will add up
for some it may take years to get there. whatever there is.
but most evryone on this forum can do 10:bucks a month.
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Bitcoin is an opportunity given, because it renders with how everyone can conveniently invest at the rate they can afford to and also give enough time for the investment to get to the maturity stage before they can now sell or release, so there is nothing expensive in this, all we have to do is in knowing the right step to take at the right time, if we don't really want to run on a loss after investing.
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yep
10 bucks a day
10 bucks a week
10 bucks a month
all of the above will add up
for some it may take years to get there. whatever there is.
but most evryone on this forum can do 10:bucks a month.
To be a happy hodler is to understand that any sum, no matter how big, brings you closer to your target.
Just keeping the target clear is what matters.
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Of course there is no place to compare bitcoin with shitcoin and even though if that meme coin was launched years back it would still die off because lot of people's do not find interest in shitcoi and memecoin. So like you said bitcoin has always remain the best amount all, and we should try to prioritize bitcoin than any other altcoin out there as safe haven.
Indeed. Bitcoin can't be compared with shitcoins or meme coins. Bitcoin has proven to survive many years as the number 1 crypto coin. Meanwhile there are too many shitcoins or meme coins that end up with delisted from all exchanges. They are delisted and disappeared because there are no longer demands in the market. It is different with Bitcoin that people always prioritize to buy Bitcoin for their main assets. I am not sure to claim Bitcoin as a safe haven asset but Bitcoin is surely more secure than any other crypto coins.
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Of course there is no place to compare bitcoin with shitcoin and even though if that meme coin was launched years back it would still die off because lot of people's do not find interest in shitcoi and memecoin. So like you said bitcoin has always remain the best amount all, and we should try to prioritize bitcoin than any other altcoin out there as safe haven.
Indeed. Bitcoin can't be compared with shitcoins or meme coins. Bitcoin has proven to survive many years as the number 1 crypto coin. Meanwhile there are too many shitcoins or meme coins that end up with delisted from all exchanges. They are delisted and disappeared because there are no longer demands in the market. It is different with Bitcoin that people always prioritize to buy Bitcoin for their main assets. I am not sure to claim Bitcoin as a safe haven asset but Bitcoin is surely more secure than any other crypto coins.
Talking about delisting, I have never seen any exchange delisting Bitcoin for any reason, but lot of altcoin and shitcoin has been delisted severely especially when CZ of Binance was active CEO there have been series of altcoin shitcoin that doesn't meet up the community standards which they delisted them from their exchange in order to secure investors funds. Bitcoin has experienced strong opposition due to regulations issues but yet they didn't succeed and today everyone talking about Bitcoin.
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Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Although sometimes it experiences a very deep correction, but in the end bitcoin finds a reversal and reaches its ATH again.
Even if the market witness a strong rejection there are all hope and trust that bitcoin wouldn't fall flat to the rate where people would lose entirely like other memecoin such as the Trump coin that has gained so much lose or rejection in the market, some investors lose millions of dollars in the name of investment in that projects. With this experience no one would ever what to venture into that investment anymore and even if the project regain back it's price people would be afraid to invest in that project, but investing in bitcoin you have nothing to worry provided they can withstand the market forces such as dip moments then definitely the bull moment Sha show up itself again and they will still make profits since it always creates new ATH.
Yes, the key is our patience in holding when bitcoin goes down, and there is no need to panic because we can do DCA, so we can accumulate it.
However, this can only be done by experienced people and people who have prepared their finances as well as possible. Because when the money used is not ready, it may be sold when experiencing a loss.
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Bitcoin has proven after many rejections finally now Bitcoin can grow and many believe in it. The future of bitcoin is so bright, because more and more people are starting to see the potential of bitcoin.
Although sometimes it experiences a very deep correction, but in the end bitcoin finds a reversal and reaches its ATH again.
Even if the market witness a strong rejection there are all hope and trust that bitcoin wouldn't fall flat to the rate where people would lose entirely like other memecoin such as the Trump coin that has gained so much lose or rejection in the market, some investors lose millions of dollars in the name of investment in that projects. With this experience no one would ever what to venture into that investment anymore and even if the project regain back it's price people would be afraid to invest in that project, but investing in bitcoin you have nothing to worry provided they can withstand the market forces such as dip moments then definitely the bull moment Sha show up itself again and they will still make profits since it always creates new ATH.
Yes, the key is our patience in holding when bitcoin goes down, and there is no need to panic because we can do DCA, so we can accumulate it.
However, this can only be done by experienced people and people who have prepared their finances as well as possible. Because when the money used is not ready, it may be sold when experiencing a loss.
That is why is important to always have a reserved funds or emergency funds that would served as cushion funds around us, maybe if there were (is) any issues or urgent situation around them they can use it for quick backup than going to use or alter their investment. As a learned investors who have been on the investment journey for years should be able to understand how the market operates so that they can keep doubling their investment whenever there seems to be an opportunities to double it.
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That is why is important to always have a reserved funds or emergency funds that would served as cushion funds around us, maybe if there were (is) any issues or urgent situation around them they can use it for quick backup than going to use or alter their investment. As a learned investors who have been on the investment journey for years should be able to understand how the market operates so that they can keep doubling their investment whenever there seems to be an opportunities to double it.
Of course, we must have the money for urgent needs or for emergency. We don't know what will happen with our life in the future. So, we must prepare anything, including we prepare for the funds. Savings with fiats is the good way to deal with this situation. That's why we don't use all the money for investment or trading. We must have reserved money for any unexpected thing to happen in the future. If we use all the money in investment, it may need some years to get back again the money.
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That is why is important to always have a reserved funds or emergency funds that would served as cushion funds around us, maybe if there were (is) any issues or urgent situation around them they can use it for quick backup than going to use or alter their investment. As a learned investors who have been on the investment journey for years should be able to understand how the market operates so that they can keep doubling their investment whenever there seems to be an opportunities to double it.
Of course, we must have the money for urgent needs or for emergency. We don't know what will happen with our life in the future. So, we must prepare anything, including we prepare for the funds. Savings with fiats is the good way to deal with this situation. That's why we don't use all the money for investment or trading. We must have reserved money for any unexpected thing to happen in the future. If we use all the money in investment, it may need some years to get back again the money.
Yes, saving for the rainy day is actually not something that can be overlooked, because nobody knows what the future holds. Fiat money can also help one prepare for situations that occur in an unpredictable life because having some amount of money that is stored in fiat form can come in handy in situations that are beyond one’s expectations. With all the funds being invested, there is the problem of a long waiting time before to can be accessed back again especially when the market is bad. So, being ready with some amount saved for emergency situations, one will not be compelled to sell it at an unfavourable price due to a particular emergency. These simple concepts should be followed so that financial conditions are made easier and stable and on the other hand people should not have to worry much while investing.
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That is why is important to always have a reserved funds or emergency funds that would served as cushion funds around us, maybe if there were (is) any issues or urgent situation around them they can use it for quick backup than going to use or alter their investment. As a learned investors who have been on the investment journey for years should be able to understand how the market operates so that they can keep doubling their investment whenever there seems to be an opportunities to double it.
Of course, we must have the money for urgent needs or for emergency. We don't know what will happen with our life in the future. So, we must prepare anything, including we prepare for the funds. Savings with fiats is the good way to deal with this situation. That's why we don't use all the money for investment or trading. We must have reserved money for any unexpected thing to happen in the future. If we use all the money in investment, it may need some years to get back again the money.
Yes, saving for the rainy day is actually not something that can be overlooked, because nobody knows what the future holds. Fiat money can also help one prepare for situations that occur in an unpredictable life because having some amount of money that is stored in fiat form can come in handy in situations that are beyond one’s expectations. With all the funds being invested, there is the problem of a long waiting time before to can be accessed back again especially when the market is bad. So, being ready with some amount saved for emergency situations, one will not be compelled to sell it at an unfavourable price due to a particular emergency. These simple concepts should be followed so that financial conditions are made easier and stable and on the other hand people should not have to worry much while investing.
Well said. We know investment is the framework of wealth without well-managed investment, the wealth structure will collapse.
However, the most important element is cash flow, cash is the oxygen.
Cash flow is a crucial factor in avoiding mistakes. By focusing on cash flow, one can gain valuable insights into the financial health and sustainability of the investment.
No matter how stable the investment is, without cash (oxygen). There is no survival.
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There is no denying that Bitcoin is currently expensive, but it is not a requirement for an investor to invest in one Bitcoin, but rather to invest according to their ability and plan. If someone has the ability to invest $1,000, they will invest, and if someone has the ability to invest $10, they will invest according to that ability. In this case, whether the price is expensive or not does not depend on it. However, as time goes on, Bitcoin will become more and more out of reach for people to invest, meaning that if the price increases, those who are willing to invest a small amount will not be able to invest, even though they may want to.
yep
10 bucks a day
10 bucks a week
10 bucks a month
all of the above will add up
for some it may take years to get there. whatever there is.
but most evryone on this forum can do 10:bucks a month.
- Well, 10 bucks a month is for me a light weight that is a good habit to have. Because after 4 years from now, how much value will it have if I allocate it to bitcoin and hold it from now until 2028? I am pretty sure that the ROI is also high.
And 10$ is not heavy for someone who is strategic about getting sources of income. Especially for someone who has a regular job. Because if we buy one Bitcoin, it is literally very expensive. But if we buy it little by little, we will not feel that it is expensive.
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Bitcoin is an opportunity given, because it renders with how everyone can conveniently invest at the rate they can afford to and also give enough time for the investment to get to the maturity stage before they can now sell or release, so there is nothing expensive in this, all we have to do is in knowing the right step to take at the right time, if we don't really want to run on a loss after investing.
Independent efforts must exist if we really want to inform about the great potential of BTC in the future, I personally, if asked, will give them instructions about this market in general and provide a little knowledge about BTC, the rest let them observe for themselves independently and recognition will come by itself from their generation.
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There is no denying that Bitcoin is currently expensive, but it is not a requirement for an investor to invest in one Bitcoin, but rather to invest according to their ability and plan. If someone has the ability to invest $1,000, they will invest, and if someone has the ability to invest $10, they will invest according to that ability. In this case, whether the price is expensive or not does not depend on it. However, as time goes on, Bitcoin will become more and more out of reach for people to invest, meaning that if the price increases, those who are willing to invest a small amount will not be able to invest, even though they may want to.
yep
10 bucks a day
10 bucks a week
10 bucks a month
all of the above will add up
for some it may take years to get there. whatever there is.
but most evryone on this forum can do 10:bucks a month.
- Well, 10 bucks a month is for me a light weight that is a good habit to have. Because after 4 years from now, how much value will it have if I allocate it to bitcoin and hold it from now until 2028? I am pretty sure that the ROI is also high.
And 10$ is not heavy for someone who is strategic about getting sources of income. Especially for someone who has a regular job. Because if we buy one Bitcoin, it is literally very expensive. But if we buy it little by little, we will not feel that it is expensive.
Yeah putting 10 a month in btc away and leaving it be is not that hard to do.
many want 10x in a year don't think this way it is not realistic.
Also your age matters a lot.
I am 68 I always saved some on the side but I also spent it because holding for 10 or 20 years never appealed to me.
of course if I held the 27 coins I had in 2012 till now it would have been nice.
I likely spent 350,000usd in btc while running the mine. that coin would be worth 1,000,000 now, but a lot spent also generated the coins.
So realistically if I was doing a better job of holding I could have 5-10 coins right now which I don't.
But I own a home
I am debt free.
I lease a new car every 3 years.
I have savings in a 401k
and I have btc.
Mostly because I did hodl some and sold slowly.
When I look at Doge and understand how its design is built for eternity with ever decreasing rate of inflation I do wish I was 20 or 30 years old and just stack Doge for 20 years. Along with BTC
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That is why is important to always have a reserved funds or emergency funds that would served as cushion funds around us, maybe if there were (is) any issues or urgent situation around them they can use it for quick backup than going to use or alter their investment. As a learned investors who have been on the investment journey for years should be able to understand how the market operates so that they can keep doubling their investment whenever there seems to be an opportunities to double it.
Of course, we must have the money for urgent needs or for emergency. We don't know what will happen with our life in the future. So, we must prepare anything, including we prepare for the funds. Savings with fiats is the good way to deal with this situation. That's why we don't use all the money for investment or trading. We must have reserved money for any unexpected thing to happen in the future. If we use all the money in investment, it may need some years to get back again the money.
I often watch over those who keeps using all their money to go investment into bitcoin or any other digital assets without them having savings or a something like a reserved funds to keep them at alert when their seems to be any problems in the future, just like those newbies who doesn't know when and where to put their money while doing investment, but when the needs for emergence arises you find them pulling off their investment to sort out their emergencies which such person can't make a good investment or becomes successful with their investments.
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That is why is important to always have a reserved funds or emergency funds that would served as cushion funds around us, maybe if there were (is) any issues or urgent situation around them they can use it for quick backup than going to use or alter their investment. As a learned investors who have been on the investment journey for years should be able to understand how the market operates so that they can keep doubling their investment whenever there seems to be an opportunities to double it.
Of course, we must have the money for urgent needs or for emergency. We don't know what will happen with our life in the future. So, we must prepare anything, including we prepare for the funds. Savings with fiats is the good way to deal with this situation. That's why we don't use all the money for investment or trading. We must have reserved money for any unexpected thing to happen in the future. If we use all the money in investment, it may need some years to get back again the money.
I often watch over those who keeps using all their money to go investment into bitcoin or any other digital assets without them having savings or a something like a reserved funds to keep them at alert when their seems to be any problems in the future, just like those newbies who doesn't know when and where to put their money while doing investment, but when the needs for emergence arises you find them pulling off their investment to sort out their emergencies which such person can't make a good investment or becomes successful with their investments.
It requires proper financial management so that we do not use all our assets to buy bitcoin or other crypto assets. because sometimes we have emergency needs that we must fulfill immediately. we should have savings as a reserve fund if needed suddenly. The crypto market is very volatile so it is not easy for us to predict the price of the koj we buy, because sometimes the price drops.
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It requires proper financial management so that we do not use all our assets to buy bitcoin or other crypto assets. because sometimes we have emergency needs that we must fulfill immediately. we should have savings as a reserve fund if needed suddenly. The crypto market is very volatile so it is not easy for us to predict the price of the koj we buy, because sometimes the price drops.
of course it is very necessary as a cash reserve but if we invest whether the pattern is short-term or long-term depends on the time we enter the market, some of us still come at the wrong time. When the market is bearish or at a reversal point, we buy coins so that it can make us bad.
The Crypto Market is a great place for long-term investment as long as we buy the right coins or projects, but all of this cannot make us rich overnight or in the short term, many sacrifices must be made especially regarding losses in the market. Just look at the people around us who invest in crypto, whether they stop or continue their journey in this market. Only investors who continue to research and observe each project will achieve success.
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I often watch over those who keeps using all their money to go investment into bitcoin or any other digital assets without them having savings or a something like a reserved funds to keep them at alert when their seems to be any problems in the future, just like those newbies who doesn't know when and where to put their money while doing investment, but when the needs for emergence arises you find them pulling off their investment to sort out their emergencies which such person can't make a good investment or becomes successful with their investments.
It requires proper financial management so that we do not use all our assets to buy bitcoin or other crypto assets. because sometimes we have emergency needs that we must fulfill immediately. we should have savings as a reserve fund if needed suddenly. The crypto market is very volatile so it is not easy for us to predict the price of the koj we buy, because sometimes the price drops.
Yes, no one can determines the price of cryptocurrency or bitcoin because the market is so volatile and if we don't apply cautiousness we would end up running it lose while investing, and usually all or any investment today requires a reserved funds or emergency funds to serves as sustainable money that could cater for any urgency without the need to go touch our investment, as we know investment is something that needs attention and time to grow properly otherwise, we could hurried to pull off our investment without even getting to maturity.
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Yes, no one can determines the price of cryptocurrency or bitcoin because the market is so volatile and if we don't apply cautiousness we would end up running it lose while investing, and usually all or any investment today requires a reserved funds or emergency funds to serves as sustainable money that could cater for any urgency without the need to go touch our investment, as we know investment is something that needs attention and time to grow properly otherwise, we could hurried to pull off our investment without even getting to maturity.
The volatility of the market and the difficulty of predicting the price of bitcoin and altcoins is what makes traders have to always learn and practice to be able to get profit from every strategy they take.
about reserve funds to meet urgent needs in our lives is very necessary, this is part of financial management that we must manage well.
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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
Yeah, i like your positivity about Bitcoin investments, it is certainly on individuals level of capital, and a gradual accumulation. As a beginner, you can buy some satoshi irrespective of the quantity.
I always hear some people say that they can't buy Bitcoin, is too expensive, even when the price was at $65k, many people think it will come down more . Now that price has gone above $100k, there are still similar complaints, however I think that it is not late, we can buy it at the current price and make a it a long term investments.
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Yes, no one can determines the price of cryptocurrency or bitcoin because the market is so volatile and if we don't apply cautiousness we would end up running it lose while investing, and usually all or any investment today requires a reserved funds or emergency funds to serves as sustainable money that could cater for any urgency without the need to go touch our investment, as we know investment is something that needs attention and time to grow properly otherwise, we could hurried to pull off our investment without even getting to maturity.
The volatility of the market and the difficulty of predicting the price of bitcoin and altcoins is what makes traders have to always learn and practice to be able to get profit from every strategy they take.
about reserve funds to meet urgent needs in our lives is very necessary, this is part of financial management that we must manage well.
It should be like that, before jumping into trading, prepare yourself with provisions to be able to analyze well or, if you want to jump in, you can do it right away, but it must be from a small value, after being able to increase it. It just has to be adjusted to your own abilities because you yourself know your abilities.
Agree, always divide what will be used with reserves that should not be used to avoid if later there is an investment need, it will still continue.
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Now that price has gone above $100k, there are still similar complaints, however I think that it is not late, we can buy it at the current price and make a it a long term investments.
Bitcoin touched 92K yesterday, but it recovered pretty fast. If Bitcoin were too expensive, people wouldn't buy at this point. Of course, some people think it is too high to buy Bitcoin, and I do agree with that. But you never know what is going to happen in the future. If someone want to buy Bitcoin to hold it for a long time, they should start accumulating regardless of it's price.
This is what I have been suggesting people when they ask if it is the right time to buy Bitcoin.
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There is no denying that Bitcoin is currently expensive, but it is not a requirement for an investor to invest in one Bitcoin, but rather to invest according to their ability and plan. If someone has the ability to invest $1,000, they will invest, and if someone has the ability to invest $10, they will invest according to that ability. In this case, whether the price is expensive or not does not depend on it. However, as time goes on, Bitcoin will become more and more out of reach for people to invest, meaning that if the price increases, those who are willing to invest a small amount will not be able to invest, even though they may want to.
yep
10 bucks a day
10 bucks a week
10 bucks a month
all of the above will add up
for some it may take years to get there. whatever there is.
but most evryone on this forum can do 10:bucks a month.
- Well, 10 bucks a month is for me a light weight that is a good habit to have. Because after 4 years from now, how much value will it have if I allocate it to bitcoin and hold it from now until 2028? I am pretty sure that the ROI is also high.
And 10$ is not heavy for someone who is strategic about getting sources of income. Especially for someone who has a regular job. Because if we buy one Bitcoin, it is literally very expensive. But if we buy it little by little, we will not feel that it is expensive.
Yeah, "slow but steady wins the a race", is a popular saying.
investing with small amounts of money often, especially when prices goes dip, will definitely turn to a big investments in the future. A $10 Bitcoin investments consistently for a year will amount to a huge returns after six or more years.
I think anyone doing a regular job stand the opportunity to constantly buy Bitcoin at intervals, and this could be a good strategy at the long run.
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Yes, no one can determines the price of cryptocurrency or bitcoin because the market is so volatile and if we don't apply cautiousness we would end up running it lose while investing, and usually all or any investment today requires a reserved funds or emergency funds to serves as sustainable money that could cater for any urgency without the need to go touch our investment, as we know investment is something that needs attention and time to grow properly otherwise, we could hurried to pull off our investment without even getting to maturity.
The volatility of the market and the difficulty of predicting the price of bitcoin and altcoins is what makes traders have to always learn and practice to be able to get profit from every strategy they take.
about reserve funds to meet urgent needs in our lives is very necessary, this is part of financial management that we must manage well.
It should be like that, before jumping into trading, prepare yourself with provisions to be able to analyze well or, if you want to jump in, you can do it right away, but it must be from a small value, after being able to increase it. It just has to be adjusted to your own abilities because you yourself know your abilities.
Agree, always divide what will be used with reserves that should not be used to avoid if later there is an investment need, it will still continue.
Any trader who aren't sure of themselves should only go within their means, it could be that the investment they wanna is too risky so what is needed is to narrow down their desire for profits in that investment and go with as little as they could afford to lost while doing their investment, that is why it is important to determines whether that investment is suitable for them or not, or can they afford to lose that amount they going to invest in that particular project or not and, or they do they have enough spare cash to keep sustaining them while the investment keeps growing or not. All these are things to factor out before jumping into investment/trading.
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Bitcoin touched 92K yesterday, but it recovered pretty fast. If Bitcoin were too expensive, people wouldn't buy at this point. Of course, some people think it is too high to buy Bitcoin, and I do agree with that. But you never know what is going to happen in the future. If someone want to buy Bitcoin to hold it for a long time, they should start accumulating regardless of it's price.
It already recovered to $99k but it dropped again to $97k now. People may buy again during this big dump. But be careful that Bitcoin can drop more. When Bitcoin is above $100k, we can't blame people who said Bitcoin is expensive. Sure, during the bullrun season, the price of Bitcoin will be quite expensive. If we want to buy at cheap price, we can wait for the bearish season.
This is what I have been suggesting people when they ask if it is the right time to buy Bitcoin.
I never suggest people to buy more now. I am afraid that Bitcoin can drop again. You must know that Bitcoin is possible to drop below $90k in the near future.
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Bitcoin touched 92K yesterday, but it recovered pretty fast. If Bitcoin were too expensive, people wouldn't buy at this point. Of course, some people think it is too high to buy Bitcoin, and I do agree with that. But you never know what is going to happen in the future. If someone want to buy Bitcoin to hold it for a long time, they should start accumulating regardless of it's price.
It already recovered to $99k but it dropped again to $97k now. People may buy again during this big dump. But be careful that Bitcoin can drop more. When Bitcoin is above $100k, we can't blame people who said Bitcoin is expensive. Sure, during the bullrun season, the price of Bitcoin will be quite expensive. If we want to buy at cheap price, we can wait for the bearish season.
This is what I have been suggesting people when they ask if it is the right time to buy Bitcoin.
I never suggest people to buy more now. I am afraid that Bitcoin can drop again. You must know that Bitcoin is possible to drop below $90k in the near future.
Wait for the bears to come round to get a bargain.
As if we know they will come around like clockwork. We do not know that at all.
To not accumulate now is possibly really freaking stupid.
Or of course really smart if they do show and btc drops to 60 or 70 even 50k.
Or be like jjg and dca my dca gets bigger as I type not that much bigger but bigger.
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Any trader who aren't sure of themselves should only go within their means, it could be that the investment they wanna is too risky so what is needed is to narrow down their desire for profits in that investment and go with as little as they could afford to lost while doing their investment, that is why it is important to determines whether that investment is suitable for them or not, or can they afford to lose that amount they going to invest in that particular project or not and, or they do they have enough spare cash to keep sustaining them while the investment keeps growing or not. All these are things to factor out before jumping into investment/trading.
In trading we must have confidence in getting profit, if you have doubts in trading you should choose to be a holder. because trading is a short-term investment that requires proper analysis and strategy to minimize risk and maximize short-term profits.
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Snip
In trading we must have confidence in getting profit, if you have doubts in trading you should choose to be a holder. because trading is a short-term investment that requires proper analysis and strategy to minimize risk and maximize short-term profits.
This analysis comes with proper knowledge and without proper knowledge they can't do any analysis, and yes I know that trading is short term but at first they must understand their knowledge or capabilities towards trading before they go into it. Trading is also very risky when the trader doesn't know what they are doing because if they don't do their analysis properly then lose is inevitable to come.
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Snip
In trading we must have confidence in getting profit, if you have doubts in trading you should choose to be a holder. because trading is a short-term investment that requires proper analysis and strategy to minimize risk and maximize short-term profits.
This analysis comes with proper knowledge and without proper knowledge they can't do any analysis, and yes I know that trading is short term but at first they must understand their knowledge or capabilities towards trading before they go into it. Trading is also very risky when the trader doesn't know what they are doing because if they don't do their analysis properly then lose is inevitable to come.
agreed knowledge is very important, because without knowledge we cannot make the right analysis. that's why for newbies it is recommended to seek knowledge first, learn all things related to trading in order to make analysis and develop strategies properly. After having knowledge they can start practicing to have good skills in making analysis and developing strategies and reading the possibilities that will occur.
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Snip
In trading we must have confidence in getting profit, if you have doubts in trading you should choose to be a holder. because trading is a short-term investment that requires proper analysis and strategy to minimize risk and maximize short-term profits.
This analysis comes with proper knowledge and without proper knowledge they can't do any analysis, and yes I know that trading is short term but at first they must understand their knowledge or capabilities towards trading before they go into it. Trading is also very risky when the trader doesn't know what they are doing because if they don't do their analysis properly then lose is inevitable to come.
agreed knowledge is very important, because without knowledge we cannot make the right analysis. that's why for newbies it is recommended to seek knowledge first, learn all things related to trading in order to make analysis and develop strategies properly. After having knowledge they can start practicing to have good skills in making analysis and developing strategies and reading the possibilities that will occur.
Knowledge is clearly very important in carrying out whatever we do, especially with crypto, where it is very prone to making mistakes that occur due to lack of understanding. With the knowledge we get from every lesson we do, we will be able to provide the best action if we are going to use it.
It must be remembered that in crypto there are many ways and references that we must do and learn well before we really get into it.
Not easy, but it must be done if we don't want to lose the funds that we will place in crypto.
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Snip
In trading we must have confidence in getting profit, if you have doubts in trading you should choose to be a holder. because trading is a short-term investment that requires proper analysis and strategy to minimize risk and maximize short-term profits.
This analysis comes with proper knowledge and without proper knowledge they can't do any analysis, and yes I know that trading is short term but at first they must understand their knowledge or capabilities towards trading before they go into it. Trading is also very risky when the trader doesn't know what they are doing because if they don't do their analysis properly then lose is inevitable to come.
agreed knowledge is very important, because without knowledge we cannot make the right analysis. that's why for newbies it is recommended to seek knowledge first, learn all things related to trading in order to make analysis and develop strategies properly. After having knowledge they can start practicing to have good skills in making analysis and developing strategies and reading the possibilities that will occur.
In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.
+1 karma for you
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In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.
No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.
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No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing.
no one can really say that they have an experience in trading and then say that they have only done demo trading so far i think it only widens your knowledge and makes you more familiar with the tools and techniques but nothing will beat the real experience of trading where your money is actually at stake and time really is of essence
Sometimes having better knowledge, will make us to be more confident and think a more realistic.
they say that trading is risky but that is the point you should be taking calculated risks when it comes to trading don’t just take risks, take measured ones
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No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.
Agreed.
Nobody forbids to trade with small capital - it's a start for everybody willing to manage the risks properly.
Knowledge transforms into experience after all.
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Demo trading is useful for understanding the basics and testing strategies, but real experience comes only from actual trading, where emotions and risks matter. It's best to start with small amounts, especially if you're a beginner, and gradually increase your capital as your skills improve. Knowledge and psychological preparation are the foundation of success in trading. The more you know, the more confident you'll be in making decisions.
Knowledge turns into experience, and a person can start from the demo, but then he would still need to work with real funds, albeit small in scale to ensure the risks are minimized.
That's how smart investors would behave..
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In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.
No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.
Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.
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In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.
No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.
Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.
I believe that demo trading was originally designed for beginners to learn the basics of trading without the risk of losing real money. It's a good way to understand how the market works, manage orders, and use the platform. While it doesn't replace real trading, it helps beginners feel more confident and prepare for actual trades.
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In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.
No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.
Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.
I believe that demo trading was originally designed for beginners to learn the basics of trading without the risk of losing real money. It's a good way to understand how the market works, manage orders, and use the platform. While it doesn't replace real trading, it helps beginners feel more confident and prepare for actual trades.
That is true, we know that it doesn't guaranteed total performance on every trading using the demo, but if we could follow the system carefully it will help the beginners. Though as previous user suggested that it's better to start with small amounts on a real account than using demo, but for those who doesn't have the funds or finance to start fully can as well keep practicing using the demo. I could remember then, it's what gave me so basics to start trading even though I didn't put much interest to trade I was using demo for a very long though I must confess their behavior aren't the same as we know real account to be more difficult to handle than demo.
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no one can really say that they have an experience in trading and then say that they have only done demo trading so far i think it only widens your knowledge and makes you more familiar with the tools and techniques but nothing will beat the real experience of trading where your money is actually at stake and time really is of essence
Yep. Someone won't have enough experience if he/she only uses demo trading. It has no risk, someone will never lose money in demo trading. So we can't feel anything like anxiety, worry, or anything else that happens in real trading. This should also be experienced to improve our mentality in trading. It is not only about experience, it is also about improving our mentality.
Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.
For newbies/beginners, using demo trading firstly is a good idea. They need to know the basic things. When they know the basic things, they can try real trading, but make sure using small money only. Sure, newbies/beginners shouldn't rush to use big amount of money. They still have lack of knowledge/experience, they need to focus on learning first.
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That is true, we know that it doesn't guaranteed total performance on every trading using the demo, but if we could follow the system carefully it will help the beginners. Though as previous user suggested that it's better to start with small amounts on a real account than using demo, but for those who doesn't have the funds or finance to start fully can as well keep practicing using the demo. I could remember then, it's what gave me so basics to start trading even though I didn't put much interest to trade I was using demo for a very long though I must confess their behavior aren't the same as we know real account to be more difficult to handle than demo.
Demo trading only allows us to know the fundamental matters. It doesn't guarantee for further things. If we want to know deep knowledge and experience, we must do real trading. It is also similar with investment, to get the experience we must try real investment. But actually it will be quite safe if we choose Bitcoin for investment or for trading. However, if we want to develop our mentality, we can choose other coins. But we don't only use them in demo trading, just use them in real trading or real investment.
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Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.
For newbies/beginners, using demo trading firstly is a good idea. They need to know the basic things. When they know the basic things, they can try real trading, but make sure using small money only. Sure, newbies/beginners shouldn't rush to use big amount of money. They still have lack of knowledge/experience, they need to focus on learning first.
Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.
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Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.
Must be brave and test drive directly to the market. If it is always a demo, it is like a dream that we can imagine and we cannot enjoy the results of our efforts in trading. Indeed, many people talk about success but not everyone can do it. You are right in this, where often both we and many other people most of them fail and lose in this investment for various personal reasons of course after we enter the market.
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Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.
Must be brave and test drive directly to the market. If it is always a demo, it is like a dream that we can imagine and we cannot enjoy the results of our efforts in trading. Indeed, many people talk about success but not everyone can do it. You are right in this, where often both we and many other people most of them fail and lose in this investment for various personal reasons of course after we enter the market.
After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore.
And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.
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Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.
Must be brave and test drive directly to the market. If it is always a demo, it is like a dream that we can imagine and we cannot enjoy the results of our efforts in trading. Indeed, many people talk about success but not everyone can do it. You are right in this, where often both we and many other people most of them fail and lose in this investment for various personal reasons of course after we enter the market.
After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore.
And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.
For one to go on live trading s/he needs to be technically enclined towards understanding how live trading works correct. If they can know how live trading works then it would be that easier for them to go live, live trading doesn't work like demo and it's more difficult hard to control than live trading.
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After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore. And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.
It is not a must to try directly into the market. We should ensure that we already have enough knowledge before we try the real trading. But if we feel confident with our knowledge, we can start the real trading in the market. It is true that using a demo trading is very different with real trading. Even if we may use the analysis both in demo and real trading, but the risks are different. In the real trading, we may lose the money if we aren't careful with our trading strategies.
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After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore. And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.
It is not a must to try directly into the market. We should ensure that we already have enough knowledge before we try the real trading. But if we feel confident with our knowledge, we can start the real trading in the market. It is true that using a demo trading is very different with real trading. Even if we may use the analysis both in demo and real trading, but the risks are different. In the real trading, we may lose the money if we aren't careful with our trading strategies.
It's all about trying directly or not. It depends on the readiness of each individual, because everyone will definitely be different in responding to the readiness that will be carried out, and it is impossible for it to be the same.
If you feel that you already have the knowledge to trade, of course you can try it directly, but what is expected is that you are not wrong in anticipating trading, so you are accustomed to doing it with the trading method with the smallest value first, so that when you are ready, there is nothing wrong with increasing it.
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It's all about trying directly or not. It depends on the readiness of each individual, because everyone will definitely be different in responding to the readiness that will be carried out, and it is impossible for it to be the same.
If you feel that you already have the knowledge to trade, of course you can try it directly, but what is expected is that you are not wrong in anticipating trading, so you are accustomed to doing it with the trading method with the smallest value first, so that when you are ready, there is nothing wrong with increasing it.
Suitable and in my opinion it should be relevant too, don't just do it. Well, the decision is back to us again, no one can interfere with what decisions we will take for our lives or trading.. we have different goals that we must achieve, and also our experiences are very different from others, and we cannot generalize them. With different goals, of course we will take a strategy that is suitable and easy to do. Maybe the risk and reward ratio will be adjusted to our trading plan.
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The OP doesn't need tips from ppl because the topic's created in 2023.
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It's all about trying directly or not. It depends on the readiness of each individual, because everyone will definitely be different in responding to the readiness that will be carried out, and it is impossible for it to be the same.
If you feel that you already have the knowledge to trade, of course you can try it directly, but what is expected is that you are not wrong in anticipating trading, so you are accustomed to doing it with the trading method with the smallest value first, so that when you are ready, there is nothing wrong with increasing it.
trading requires learning and always practicing, even though we feel ready, we must learn and focus on always monitoring [the market and having the right analysis and strategy. The crypto market can change at any time, so we must be prepared to accept the changes.
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The OP doesn't need tips from ppl because the topic's created in 2023.
I would be glad if he would still revisit this topic.
It got so far, it's a great place to grasp some tips and concepts.
8)
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I won't read 57 pages on Is Bitcoin Too Expensive For Me? if it's started in 2023. There's other pages to read.
I would be glad if he would still revisit this topic.
It got so far, it's a great place to grasp some tips and concepts.
8)
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The OP doesn't need tips from ppl because the topic's created in 2023.
It is not about the year of creating this topic, it is about the content of the thread. Yes, OP didn't explain clearly about certain tips to deal with Bitcoin price. The content of the thread even wasn't clearly explaining about the expensive price. You can read the comments/replies from other members if you want to get some tips. I'm sure there are some good comments among too many random comments here. :D
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The OP doesn't need tips from ppl because the topic's created in 2023.
It is not about the year of creating this topic, it is about the content of the thread. Yes, OP didn't explain clearly about certain tips to deal with Bitcoin price. The content of the thread even wasn't clearly explaining about the expensive price. You can read the comments/replies from other members if you want to get some tips. I'm sure there are some good comments among too many random comments here. :D
I think what you put forward is very true that many comments are very good and can be used as a reference to get some tips to go further.
But all comments can be useful or not, It depends on what we need, so that there is always a benefit and we are not fixated on the situation when the thread was created because it is still relevant.
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The OP doesn't need tips from ppl because the topic's created in 2023.
It is not about the year of creating this topic, it is about the content of the thread. Yes, OP didn't explain clearly about certain tips to deal with Bitcoin price. The content of the thread even wasn't clearly explaining about the expensive price. You can read the comments/replies from other members if you want to get some tips. I'm sure there are some good comments among too many random comments here. :D
I think what you put forward is very true that many comments are very good and can be used as a reference to get some tips to go further.
But all comments can be useful or not, It depends on what we need, so that there is always a benefit and we are not fixated on the situation when the thread was created because it is still relevant.
Everyone should be proud of their opinion since they all are useful in their own way depending with the need that is to be addressed. Not everything is applicable in the way others state it should be, but there is wisdom, which can be selectively used depending on the circumstances surrounding a situation. The information may be gotten from various angles and that perchance afford better chances of the best direction to take. Nevertheless a discussion or an opinion that may be given at a certain time does not necessarily mean it is not useful or has no value, because there are many principles that can be still be used in some situations. The major idea is to clearly distinguish those which can be useful and effective and fit into the working process.
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The OP doesn't need tips from ppl because the topic's created in 2023.
It is not about the year of creating this topic, it is about the content of the thread. Yes, OP didn't explain clearly about certain tips to deal with Bitcoin price. The content of the thread even wasn't clearly explaining about the expensive price. You can read the comments/replies from other members if you want to get some tips. I'm sure there are some good comments among too many random comments here. :D
I think what you put forward is very true that many comments are very good and can be used as a reference to get some tips to go further.
But all comments can be useful or not, It depends on what we need, so that there is always a benefit and we are not fixated on the situation when the thread was created because it is still relevant.
Good comments can be considered, but we should filter every opinion and comment that exists.
We must have our own analysis and opinion.
We must respect every opinion that exists,
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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?.
Buying Bitcoin should be your main target because the value of Bitcoin greatly influences all other coins. Therefore, Bitcoin should be one that you buy, even if you don't have much money. Starting to buy Bitcoin is the number one goal for the long term. You have to believe that one day Bitcoin can be 100 times its selling price when you sell it.
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Buying Bitcoin should be your main target because the value of Bitcoin greatly influences all other coins. Therefore, Bitcoin should be one that you buy, even if you don't have much money. Starting to buy Bitcoin is the number one goal for the long term. You have to believe that one day Bitcoin can be 100 times its selling price when you sell it.
BTC is not about buying large quantities of it, it's about buying it and knowing why it will only grow in value as time goes on.
And getting rewarded for that, of course.
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The OP doesn't need tips from ppl because the topic's created in 2023.
It is not about the year of creating this topic, it is about the content of the thread. Yes, OP didn't explain clearly about certain tips to deal with Bitcoin price. The content of the thread even wasn't clearly explaining about the expensive price. You can read the comments/replies from other members if you want to get some tips. I'm sure there are some good comments among too many random comments here. :D
I think what you put forward is very true that many comments are very good and can be used as a reference to get some tips to go further.
But all comments can be useful or not, It depends on what we need, so that there is always a benefit and we are not fixated on the situation when the thread was created because it is still relevant.
Good comments can be considered, but we should filter every opinion and comment that exists.
We must have our own analysis and opinion.
We must respect every opinion that exists,
Every suggestion and opinion that is conveyed is very good, and we just have to sort out which one suits our own situation, because it is possible that certain suggestions cannot be made because they are different from what we would do.
I agree, although we can accept other people's opinions, we are always given the opportunity to filter what is best and acceptable.
Giving appreciation and respecting every opinion is also mandatory for us to do, because we respect each other's opinions.
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]Buying Bitcoin should be your main target because the value of Bitcoin greatly influences all other coins. Therefore, Bitcoin should be one that you buy, even if you don't have much money. Starting to buy Bitcoin is the number one goal for the long term. You have to believe that one day Bitcoin can be 100 times its selling price when you sell it.
I agree. We are really heading that way but unfortunately most of us can't can't buy for now or even hold that long for some reasons. This is an advantage for those who have stable income and are pure investors who are willing to hodl for a long period of time like a decade or more. And as time goes by prices will also change a lot and today might be the cheapest one for Bitcoin and we will regret in the future for not buying.
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]Buying Bitcoin should be your main target because the value of Bitcoin greatly influences all other coins. Therefore, Bitcoin should be one that you buy, even if you don't have much money. Starting to buy Bitcoin is the number one goal for the long term. You have to believe that one day Bitcoin can be 100 times its selling price when you sell it.
I agree. We are really heading that way but unfortunately most of us can't can't buy for now or even hold that long for some reasons. This is an advantage for those who have stable income and are pure investors who are willing to hodl for a long period of time like a decade or more. And as time goes by prices will also change a lot and today might be the cheapest one for Bitcoin and we will regret in the future for not buying.
Investing in Bitcoin is perfect for long-term investors. The price of Bitcoin is constantly rising but sometimes there is a correction in the price of Bitcoin which makes the panic sellers panic and after selling Bitcoin at a low price or at a loss, Bitcoin becomes very expensive for them when they want to buy Bitcoin again at a higher price. But it is not expensive for long-term Bitcoin investors who can invest any amount they can afford. Because whatever amount you invest you will get returns accordingly after a long period of time. Because during every ATH the price of Bitcoin increases several times. But yes of course bitcoin is expensive compared to previous price. Expensive now. And the future will be much more expansive.
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Good comments can be considered, but we should filter every opinion and comment that exists.
We must have our own analysis and opinion.
We must respect every opinion that exists,
Everyone will always have an opinion but not all opinion can be of help or make your situation better. You know that not everyone will have good experience and some people do come across luck thinking they made the right choice and no matter what you tell them, they will never agreed otherwise, they will think they are the better opinion.
In everything people say or comment, make sure you have your own thing on your mind and by the time you are done, just take one or two and add to your own and do whatever you think will favour you because it's not all advised will favour your situation.
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Good comments can be considered, but we should filter every opinion and comment that exists.
We must have our own analysis and opinion.
We must respect every opinion that exists,
Everyone will always have an opinion but not all opinion can be of help or make your situation better. You know that not everyone will have good experience and some people do come across luck thinking they made the right choice and no matter what you tell them, they will never agreed otherwise, they will think they are the better opinion.
In everything people say or comment, make sure you have your own thing on your mind and by the time you are done, just take one or two and add to your own and do whatever you think will favour you because it's not all advised will favour your situation.
Suggestions are merely that, and they shouldn't stay in front of your own thoughts, here I totally agree with you.
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I suggest that you should do more research before entering the world of crypto, I mean, its good to know the risks and what coins you will invest in. What i can say is invest only what you can afford to lose. You don't have to rush things, because in crypto consistency is the key to success. Good luck to your journey! ;)
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For me, investing in bitcoin is not so expensive. How do I say so? Because I don't invest or buy the whole coin. I can buy and hodl little by little when I have extra (which I can afford to lose as we all know that bitcoin is volatile). If you want to start investing in bitcoin, you start small and make a goal. By starting small, you can learn how does bitcoin works until you know the strategies you should use. Whether it is $10 or $10,000 as long I know I have bitcoin or I am still part of the network, I always see the brightest side and see its potential growth.
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I suggest that you should do more research before entering the world of crypto, I mean, its good to know the risks and what coins you will invest in. What i can say is invest only what you can afford to lose. You don't have to rush things, because in crypto consistency is the key to success. Good luck to your journey! ;)
When we go for BTC, we eradicate the need to frustrate and spend nerves on the market, if we hodl appropriately.
The risks are minimized themselves.
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For me, investing in bitcoin is not so expensive. How do I say so? Because I don't invest or buy the whole coin. I can buy and hodl little by little when I have extra (which I can afford to lose as we all know that bitcoin is volatile). If you want to start investing in bitcoin, you start small and make a goal. By starting small, you can learn how does bitcoin works until you know the strategies you should use. Whether it is $10 or $10,000 as long I know I have bitcoin or I am still part of the network, I always see the brightest side and see its potential growth.
I agree with this. Bitcoin will always seem expensive especially when it hit $100k but you don't need to buy a whole coin. Everyone can start small with any amount. The key is understanding the risks and price swings. If you believe in its future, even a small investment could grow. Learning more about the market helps you make a smart choice.
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For me, investing in bitcoin is not so expensive. How do I say so? Because I don't invest or buy the whole coin. I can buy and hodl little by little when I have extra (which I can afford to lose as we all know that bitcoin is volatile). If you want to start investing in bitcoin, you start small and make a goal. By starting small, you can learn how does bitcoin works until you know the strategies you should use. Whether it is $10 or $10,000 as long I know I have bitcoin or I am still part of the network, I always see the brightest side and see its potential growth.
I agree with this. Bitcoin will always seem expensive especially when it hit $100k but you don't need to buy a whole coin. Everyone can start small with any amount. The key is understanding the risks and price swings. If you believe in its future, even a small investment could grow. Learning more about the market helps you make a smart choice.
I think what you say is very reasonable, because Bitcoin is already too expensive, and maybe we cannot buy in units, but we can only buy in retail, which is repaid with no matter how much we have and wait for a long time, at least finish the next halving period. I think I have to have the confidence to continue to make purchases by repayment and in a very long period because Bitcoin is indeed a long -term investment and not short -term.
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For me, investing in bitcoin is not so expensive. How do I say so? Because I don't invest or buy the whole coin. I can buy and hodl little by little when I have extra (which I can afford to lose as we all know that bitcoin is volatile). If you want to start investing in bitcoin, you start small and make a goal. By starting small, you can learn how does bitcoin works until you know the strategies you should use. Whether it is $10 or $10,000 as long I know I have bitcoin or I am still part of the network, I always see the brightest side and see its potential growth.
I agree with this. Bitcoin will always seem expensive especially when it hit $100k but you don't need to buy a whole coin. Everyone can start small with any amount. The key is understanding the risks and price swings. If you believe in its future, even a small investment could grow. Learning more about the market helps you make a smart choice.
I think what you say is very reasonable, because Bitcoin is already too expensive, and maybe we cannot buy in units, but we can only buy in retail, which is repaid with no matter how much we have and wait for a long time, at least finish the next halving period. I think I have to have the confidence to continue to make purchases by repayment and in a very long period because Bitcoin is indeed a long -term investment and not short -term.
The ever rising prices do call for us to adapt and find new strategies on how to operate in the current environment, yet without feeling the effects of short-termism. It is not required to have a full unit in order to feel the rewards, because what matters is how one can maintain it in the correct manner. Continuation on the other part of what has been consistently allocated is a step that has been exercised by many that believe that there is more value in the future. We never know how the next movement will occur but as far as we are still given this opportunity to get of the participation, there is always the chance that better results will be achieved. In any case, time is an influential factor that cannot be altered and being patient in such situations has been seen to yield benefits for many individuals before.
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For sure, if one has no money and has no interest with Bitcoin then it is very expensive. For people who understand well the risks involved and the profit potential, this is not the question of being expensive or not but what can be the best timing to enter Bitcoin to maximize possible return. When BTC hit $100K many people many say that it is already expensive and they can be right and now that Bitcoin has retreated a lot in its price I think people will still have an excuse not to buy Bitcoin.
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For sure, if one has no money and has no interest with Bitcoin then it is very expensive. For people who understand well the risks involved and the profit potential, this is not the question of being expensive or not but what can be the best timing to enter Bitcoin to maximize possible return. When BTC hit $100K many people many say that it is already expensive and they can be right and now that Bitcoin has retreated a lot in its price I think people will still have an excuse not to buy Bitcoin.
when bitcoin price reaches $100K, for me it is also expensive because there is a fear that bitcoin price will fall. that's why I prefer to buy altcoins that are still far from their ATH.
although many people say bitcoin will be more expensive but when bitcoin price reaches $100k, I have other considerations to prefer to buy top altcoins.
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Good comments can be considered, but we should filter every opinion and comment that exists.
We must have our own analysis and opinion.
We must respect every opinion that exists,
Everyone will always have an opinion but not all opinion can be of help or make your situation better. You know that not everyone will have good experience and some people do come across luck thinking they made the right choice and no matter what you tell them, they will never agreed otherwise, they will think they are the better opinion.
In everything people say or comment, make sure you have your own thing on your mind and by the time you are done, just take one or two and add to your own and do whatever you think will favour you because it's not all advised will favour your situation.
This is good as, not all advice will you accept. There are advice you will hear of, you will simply mark them out or over look them because that sounds as not the right advice to be given in such occasion.
However, any similar advice given to you more than three times, there should be truth in it. Although the final decision will be on you to make
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I think what you say is very reasonable, because Bitcoin is already too expensive, and maybe we cannot buy in units, but we can only buy in retail, which is repaid with no matter how much we have and wait for a long time, at least finish the next halving period. I think I have to have the confidence to continue to make purchases by repayment and in a very long period because Bitcoin is indeed a long -term investment and not short -term.
Even if Bitcoin price is quite expensive now, it is still far from its ATH. It is around $94k now, its ATH is $109k. If we buy for a short time, there is still a chance to get profits. I am optimistic that Bitcoin price will be above $100k again. Some experts still believe that BTC can have another ATH in this year. It is probably around $120k as the minimum price of Bitcoin ATH in this season. If you are confident, you can buy even in the current price.
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I think what you say is very reasonable, because Bitcoin is already too expensive, and maybe we cannot buy in units, but we can only buy in retail, which is repaid with no matter how much we have and wait for a long time, at least finish the next halving period. I think I have to have the confidence to continue to make purchases by repayment and in a very long period because Bitcoin is indeed a long -term investment and not short -term.
Even if Bitcoin price is quite expensive now, it is still far from its ATH. It is around $94k now, its ATH is $109k. If we buy for a short time, there is still a chance to get profits. I am optimistic that Bitcoin price will be above $100k again. Some experts still believe that BTC can have another ATH in this year. It is probably around $120k as the minimum price of Bitcoin ATH in this season. If you are confident, you can buy even in the current price.
It has touched $94K in the last 24 hours, increasing sharply from the correction that occurred, but its movement is now back to $92K. Hopefully there will be no more surprises to continue to be corrected so that it can increase according to estimates or at least it can break through the ATH made some time ago.
I think everyone is still optimistic that in time Bitcoin will be able to increase again and break through the ATH and create a new ATH and this is what has been awaited all this time.
If we are optimistic that it will increase, then right now, as you said, we can still make purchases so that we can enjoy the new price with profit.
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What's your money funding like ? I don't have $90k in my banks so bitcoin's too expensive for me but other ppl have more so they're able to buy bitcoin. There's many altcoins so it's impossible to say which ones are good for investing it's carries a risk.
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I think Bitcoin is mostly in the market between 70k and 95k. So for many people it seems like a very high price. Can't we buy Bitcoin in parts?
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It has touched $94K in the last 24 hours, increasing sharply from the correction that occurred, but its movement is now back to $92K. Hopefully there will be no more surprises to continue to be corrected so that it can increase according to estimates or at least it can break through the ATH made some time ago.
I think everyone is still optimistic that in time Bitcoin will be able to increase again and break through the ATH and create a new ATH and this is what has been awaited all this time.
Yesterday, it even reached $95k. But it dropped to 82k again, the increase above $90k didn't last a long time. It was like a hype of the good news only. I don't know that Bitcoin price easily changed recently, the news has a very big role to determine the price. If this happens for a long run, Bitcoin will be like a shitcoin that raises its price due to rumor/issues. Anyway, I'm still optimistic as well, but not sure we will hit a new ATH again.
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It has touched $94K in the last 24 hours, increasing sharply from the correction that occurred, but its movement is now back to $92K. Hopefully there will be no more surprises to continue to be corrected so that it can increase according to estimates or at least it can break through the ATH made some time ago.
I think everyone is still optimistic that in time Bitcoin will be able to increase again and break through the ATH and create a new ATH and this is what has been awaited all this time.
Yesterday, it even reached $95k. But it dropped to 82k again, the increase above $90k didn't last a long time. It was like a hype of the good news only. I don't know that Bitcoin price easily changed recently, the news has a very big role to determine the price. If this happens for a long run, Bitcoin will be like a shitcoin that raises its price due to rumor/issues. Anyway, I'm still optimistic as well, but not sure we will hit a new ATH again.
Bitcoin is still affected by the news, that's the reality we see. and we as investors and traders must be able to take advantage of that moment. Because no matter what, bitcoin is still a good choice for investment, and I don't think bitcoin will be trash because history has proven that the price of bitcoins is getting more expensive.
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It has touched $94K in the last 24 hours, increasing sharply from the correction that occurred, but its movement is now back to $92K. Hopefully there will be no more surprises to continue to be corrected so that it can increase according to estimates or at least it can break through the ATH made some time ago.
I think everyone is still optimistic that in time Bitcoin will be able to increase again and break through the ATH and create a new ATH and this is what has been awaited all this time.
Yesterday, it even reached $95k. But it dropped to 82k again, the increase above $90k didn't last a long time. It was like a hype of the good news only. I don't know that Bitcoin price easily changed recently, the news has a very big role to determine the price. If this happens for a long run, Bitcoin will be like a shitcoin that raises its price due to rumor/issues. Anyway, I'm still optimistic as well, but not sure we will hit a new ATH again.
Bitcoin is still affected by the news, that's the reality we see. and we as investors and traders must be able to take advantage of that moment. Because no matter what, bitcoin is still a good choice for investment, and I don't think bitcoin will be trash because history has proven that the price of bitcoins is getting more expensive.
There is no doubt that it remains sensitive to news and the overall market sentiment, which makes the price highly volatile. However, that is where the opportunities that exist as we the investors and traders are thrives lie. The Bitcoin has been tested over time and its value rises from time to time in a rise and a fall model. However, for those people who are experienced in reading the market, such a turnover can be viewed as a plus. Thus, it can be concluded referring to Bitcoin that, as long as it is in demand and as long as quickly growing interest in it is born, it will fulfil its function as an instrument for investments. Hence, the right strategy to be adopted is to be able to better manage the risks which are involved when it comes to undertaking any possibilities that take place in the market.
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It has touched $94K in the last 24 hours, increasing sharply from the correction that occurred, but its movement is now back to $92K. Hopefully there will be no more surprises to continue to be corrected so that it can increase according to estimates or at least it can break through the ATH made some time ago.
I think everyone is still optimistic that in time Bitcoin will be able to increase again and break through the ATH and create a new ATH and this is what has been awaited all this time.
Yesterday, it even reached $95k. But it dropped to 82k again, the increase above $90k didn't last a long time. It was like a hype of the good news only. I don't know that Bitcoin price easily changed recently, the news has a very big role to determine the price. If this happens for a long run, Bitcoin will be like a shitcoin that raises its price due to rumor/issues. Anyway, I'm still optimistic as well, but not sure we will hit a new ATH again.
Bitcoin is still affected by the news, that's the reality we see. and we as investors and traders must be able to take advantage of that moment. Because no matter what, bitcoin is still a good choice for investment, and I don't think bitcoin will be trash because history has proven that the price of bitcoins is getting more expensive.
Something I should appreciate with what you said is that bitcoin will not become trash, because I think that is impossible with bitcoin, because history has proven so far that bitcoin can survive and becoming the main choice of investment is a reality that exists and cannot be denied by anyone so far.
If bitcoin will indeed be attached to the influence of developing information, it is indeed difficult to avoid that bitcoin will always be affected, and it is natural that it will happen and will continue to run according to the market situation.
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[Something I should appreciate with what you said is that bitcoin will not become trash, because I think that is impossible with bitcoin, because history has proven so far that bitcoin can survive and becoming the main choice of investment is a reality that exists and cannot be denied by anyone so far.
If bitcoin will indeed be attached to the influence of developing information, it is indeed difficult to avoid that bitcoin will always be affected, and it is natural that it will happen and will continue to run according to the market situation.
currently I still see bitcoin as having potential and good to hold. And as you said, we have seen bitcoin getting more expensive and more popular even bear companies have started investing in bitcoin. Moreover, we hear plans for big countries to buy bitcoin for reserve funds, this is very good.
we may sometimes be disappointed to see bitcoin movements in the market, but bitcoin is still suitable for long-term holding.
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[Something I should appreciate with what you said is that bitcoin will not become trash, because I think that is impossible with bitcoin, because history has proven so far that bitcoin can survive and becoming the main choice of investment is a reality that exists and cannot be denied by anyone so far.
If bitcoin will indeed be attached to the influence of developing information, it is indeed difficult to avoid that bitcoin will always be affected, and it is natural that it will happen and will continue to run according to the market situation.
currently I still see bitcoin as having potential and good to hold. And as you said, we have seen bitcoin getting more expensive and more popular even bear companies have started investing in bitcoin. Moreover, we hear plans for big countries to buy bitcoin for reserve funds, this is very good.
we may sometimes be disappointed to see bitcoin movements in the market, but bitcoin is still suitable for long-term holding.
The status of Bitcoin in the financial markets is increasing, especially due to the incursion of large companies and the desire of several States to include it in their foreign exchange reserves. That is why, even though the price of Bitcoin tends to rise and fall in the short term, in the long run it constantly increases. The decision of many parties to continue investing shows that the parties do not consider it a bad investment to invest in bitcoins. It is crucial to understand that any asset in the crypto market is cyclical and there has always been evidence for that, however, there is always an upward turn and bitcoin has proven to constantly experience growth and expand further. Thus, waiting for the future with it can be beneficial.
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The decision of many parties to continue investing shows that the parties do not consider it a bad investment to invest in bitcoins.
the past years have showed us that it is indeed not a bad idea to invest in bitcoin many people will tell you how bitcoin has changed their lives for the better just looking at the history of bitcoin it is undeniable that its price has increased over the past few years and anyone who says otherwise is just being purposefully dense and blind
the only thing you have to do is make sure you know how to navigate through the market and you will surely earn
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I'm reading replies which aren't making sense. It's about how much money we're willing to use to buy. Some ppl have more money to spent so it's a choice.
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I will answer the main question in this topic and share my opinion.
Bitcoin looks crazy expensive but I don't need to grab a whole one. It breaks down into tiny bits called satoshis so i can start with just a couple of bucks. I just figure out what I'm okay spending based on my money plans and how much risk I can handle. I've been thinking about buying a little at a time to dodge the big price swings. If bitcoin's still too much, I might peek at other coins that are cheaper but still have a shot at growing.
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If you're new, Bitcoin's the steady choice, while altcoins are high-risk, high-reward. Maybe go for both, safe and adventurous.
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the past years have showed us that it is indeed not a bad idea to invest in bitcoin many people will tell you how bitcoin has changed their lives for the better just looking at the history of bitcoin it is undeniable that its price has increased over the past few years and anyone who says otherwise is just being purposefully dense and blind
the only thing you have to do is make sure you know how to navigate through the market and you will surely earn
The long-term timeframe does show that Bitcoin is always increasing... the stages are clearly visible, and if we look at the end of Bitcoin, of course its existence will be very difficult to end... meaning, Bitcoin will continue to exist for a longer period of time...
Currently, the price of Bitcoin seems expensive, because the data we compare is previous data, where the older Bitcoin is, the more expensive it is... if we have a different vision, such as the vision to estimate Bitcoin at a price in 10 years, the current price of Bitcoin certainly seems cheap...
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I will answer the main question in this topic and share my opinion.
Bitcoin looks crazy expensive but I don't need to grab a whole one. It breaks down into tiny bits called satoshis so i can start with just a couple of bucks. I just figure out what I'm okay spending based on my money plans and how much risk I can handle. I've been thinking about buying a little at a time to dodge the big price swings. If bitcoin's still too much, I might peek at other coins that are cheaper but still have a shot at growing.
It doesn't look expensive, but it is very expensive if we want it in units. It will obviously be difficult to get if we don't have a lot of funds. But there are several schemes that can be done, including DCA, where in that way, we will be able to collect according to what we do when the scheme program ends later. I think if you have the opportunity to take action with DCA it is better to do it for bitcoin, but if you have the intention of altcoins, it is also very wise to do it to look for potential and widely available ones.
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^ You DCA BTC, you basically win the market and don't spend a nerve on it.
If done appropriately, it's great to be sure of your investment.
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I suggest that you should do more research before entering the world of crypto, I mean, its good to know the risks and what coins you will invest in. What i can say is invest only what you can afford to lose. You don't have to rush things, because in crypto consistency is the key to success. Good luck to your journey! ;)
Due to the volatile nature of cryptocurrency it is not risk free in fact there is tendency of one losing all his money in cryptocurrency investment,that is why investors ought to be very careful when investing in any crypto currency .The money that should be invested in cryptocurrency is our discretionary income and not money that we are to use for our daily expenses,in fact after sorting out our expenses the money that is left with us is what we should invest in cryptocurrency.Bitcoin has proven to be a potential coin and a good store of value and i would always recommend it to those that are new into crypto investments.
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I suggest that you should do more research before entering the world of crypto, I mean, its good to know the risks and what coins you will invest in. What i can say is invest only what you can afford to lose. You don't have to rush things, because in crypto consistency is the key to success. Good luck to your journey! ;)
Due to the volatile nature of cryptocurrency it is not risk free in fact there is tendency of one losing all his money in cryptocurrency investment,that is why investors ought to be very careful when investing in any crypto currency .The money that should be invested in cryptocurrency is our discretionary income and not money that we are to use for our daily expenses,in fact after sorting out our expenses the money that is left with us is what we should invest in cryptocurrency.Bitcoin has proven to be a potential coin and a good store of value and i would always recommend it to those that are new into crypto investments.
It is difficult to avoid any risks that occur when investing in crypto. The more risky will certainly have a positive impact if you benefit from these results. Agree that do not use for investment is the funds needed for daily needs. It would be better to use funds that are more available, and we can use them for investment so that it does not interfere with daily needs.
I think the best for investment with very small risk is in Bitcoin and for Altcoin, it can also be with potential and many are available at CMC.
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It is difficult to avoid any risks that occur when investing in crypto. The more risky will certainly have a positive impact if you benefit from these results. Agree that do not use for investment is the funds needed for daily needs. It would be better to use funds that are more available, and we can use them for investment so that it does not interfere with daily needs.
I think the best for investment with very small risk is in Bitcoin and for Altcoin, it can also be with potential and many are available at CMC.
It's about patience and determination.
And the ability to hold long enough, but to do so, one should be knowledgeable enough about the subject and the coins he hodls ;)
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It has touched $94K in the last 24 hours, increasing sharply from the correction that occurred, but its movement is now back to $92K. Hopefully there will be no more surprises to continue to be corrected so that it can increase according to estimates or at least it can break through the ATH made some time ago.
I think everyone is still optimistic that in time Bitcoin will be able to increase again and break through the ATH and create a new ATH and this is what has been awaited all this time.
Yesterday, it even reached $95k. But it dropped to 82k again, the increase above $90k didn't last a long time. It was like a hype of the good news only. I don't know that Bitcoin price easily changed recently, the news has a very big role to determine the price. If this happens for a long run, Bitcoin will be like a shitcoin that raises its price due to rumor/issues. Anyway, I'm still optimistic as well, but not sure we will hit a new ATH again.
Bitcoin is still affected by the news, that's the reality we see. and we as investors and traders must be able to take advantage of that moment. Because no matter what, bitcoin is still a good choice for investment, and I don't think bitcoin will be trash because history has proven that the price of bitcoins is getting more expensive.
Bitcoin is not only affected by news but also speculations, it has been the nature of Bitcoin, the demands are driven by positive news and speculations, while supply is also driven by negative news/speculations overtimes.
I think with certain levels of experiences, some traders/investors take advantage of the news and speculation to buy more Bitcoin, and some also buy during the dip and corrections modes.
Honestly speaking, there is no doubt about Bitcoin investments potentials both on the long or short term returns. It actually less riskier than other crypto assets in my opinio.
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Bitcoin is not only affected by news but also speculations, it has been the nature of Bitcoin, the demands are driven by positive news and speculations, while supply is also driven by negative news/speculations overtimes.
I think with certain levels of experiences, some traders/investors take advantage of the news and speculation to buy more Bitcoin, and some also buy during the dip and corrections modes.
Honestly speaking, there is no doubt about Bitcoin investments potentials both on the long or short term returns. It actually less riskier than other crypto assets in my opinio.
There is indeed no doubt for bitcoin investors to buy bitcoin back when the price of bitcoin is currently falling. because bitcoin still has the potential to rise this year.
Negative news will cause the crypto market to decline and we must speculate by taking on the role of an investor, who can buy when the price is falling.
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Bitcoin is not only affected by news but also speculations, it has been the nature of Bitcoin, the demands are driven by positive news and speculations, while supply is also driven by negative news/speculations overtimes.
I think with certain levels of experiences, some traders/investors take advantage of the news and speculation to buy more Bitcoin, and some also buy during the dip and corrections modes.
Honestly speaking, there is no doubt about Bitcoin investments potentials both on the long or short term returns. It actually less riskier than other crypto assets in my opinio.
There is indeed no doubt for bitcoin investors to buy bitcoin back when the price of bitcoin is currently falling. because bitcoin still has the potential to rise this year.
Negative news will cause the crypto market to decline and we must speculate by taking on the role of an investor, who can buy when the price is falling.
Market changes are a part of a cycle, which should give an opportunity to players who focused on building a long term value. It is not something which one should attempt to answer instantly since it must be realised as a cycle that has run through previous societies. We do not only look at the figures but also observe that there is a great opportunity to go further in it.
If everyone has an interest within the information being propagated, one can stay composed and stand within a position actualized by faith and anticipation. This is to more confidently and directionally step in the opportunities for us to make decisions.
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Bitcoin is not only affected by news but also speculations, it has been the nature of Bitcoin, the demands are driven by positive news and speculations, while supply is also driven by negative news/speculations overtimes.
I think with certain levels of experiences, some traders/investors take advantage of the news and speculation to buy more Bitcoin, and some also buy during the dip and corrections modes.
Honestly speaking, there is no doubt about Bitcoin investments potentials both on the long or short term returns. It actually less riskier than other crypto assets in my opinio.
There is indeed no doubt for bitcoin investors to buy bitcoin back when the price of bitcoin is currently falling. because bitcoin still has the potential to rise this year.
Negative news will cause the crypto market to decline and we must speculate by taking on the role of an investor, who can buy when the price is falling.
Buy low Sell high all the way on which if you are really that planning to deal up with this market space, then make it sure that you will really be at least knowing its basic concept on how market behaves or works. Its not necessary for you to buy a whole coin since you can do it on fractions and this is why it will really be that vary on someones financial capacity when it comes into this aspect. This is why its really that important that you do really have that mindset on trying out to deal up with things accordingly on which its really that recommended that you do really need up to take up such forward step if you do have that high hopes on trying out to have that potential profits in the future. The key on here is that you should really be investing into the amount on which you can afford to lose.
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There is indeed no doubt for bitcoin investors to buy bitcoin back when the price of bitcoin is currently falling. because bitcoin still has the potential to rise this year.
Negative news will cause the crypto market to decline and we must speculate by taking on the role of an investor, who can buy when the price is falling.
Dips and corrections are temporary, while BTC's scarcity - it's eternal.
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Bitcoin is not only affected by news but also speculations, it has been the nature of Bitcoin, the demands are driven by positive news and speculations, while supply is also driven by negative news/speculations overtimes.
I think with certain levels of experiences, some traders/investors take advantage of the news and speculation to buy more Bitcoin, and some also buy during the dip and corrections modes.
Honestly speaking, there is no doubt about Bitcoin investments potentials both on the long or short term returns. It actually less riskier than other crypto assets in my opinio.
There is indeed no doubt for bitcoin investors to buy bitcoin back when the price of bitcoin is currently falling. because bitcoin still has the potential to rise this year.
Negative news will cause the crypto market to decline and we must speculate by taking on the role of an investor, who can buy when the price is falling.
If the current situation is corrected, then what you say is certainly very much expected to continue buying and holding it, because the market situation will continue to be able and able to move up again as it has done for the past few months that it will be corrected, but not long after, it will increase sharply.
All the news will be able to affect crypto, but there are also those that do not affect, and it will indeed be difficult to see a situation like this, but the ability to increase this year is still very large.
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If the current situation is corrected, then what you say is certainly very much expected to continue buying and holding it, because the market situation will continue to be able and able to move up again as it has done for the past few months that it will be corrected, but not long after, it will increase sharply.
All the news will be able to affect crypto, but there are also those that do not affect, and it will indeed be difficult to see a situation like this, but the ability to increase this year is still very large.
What investors need currently is confidence in the near future.
Once they regain it, there will be nothing stopping the market to go up.
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Ppl are posting replies that should've been deleted. You're the OP you've got to be disappointed. I've read so many posts in this topic but where's the answers to your question ?
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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Bitcoin is the most largest and well known cryptocurrency with a strong brand and Widespread adoption, bitcoin has high liquidity, makes it easier to buy and sell, while altcoin can offer higher potential growth, but this comes with increased risk. However investing in bitcoin and altcoin with a small amount of money can be done but it's essential to educate yourself about crypto and continously learning about crypto it's risk and opportunities before venturing into it.
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Ppl are posting replies that should've been deleted. You're the OP you've got to be disappointed. I've read so many posts in this topic but where's the answers to your question ?
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 would say that BTC will be better in the long run 5+ years.
If the person can't hodl for that long, he may try out alts, knowing fully well that they are riskier to work with, especially with smaller caps.
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Bitcoin is the most largest and well known cryptocurrency with a strong brand and Widespread adoption, bitcoin has high liquidity, makes it easier to buy and sell, while altcoin can offer higher potential growth, but this comes with increased risk. However investing in bitcoin and altcoin with a small amount of money can be done but it's essential to educate yourself about crypto and continously learning about crypto it's risk and opportunities before venturing into it.
I've been thinking a lot about how putting cash into bitcoin and altcoins could work out and I recking it's a decent mix if you play it right. Bitcoin's my steady guy, it's got that solid vibe and everyone knows it, while atlcoins feel like the wild cards that could shoot up fast, even if they're a bit of a rollercoaster. I'm the type who digs into stuff before I jump in, poking around online or chatting with people who get it, just to keep my head straight. I started small, you know, dipping my toes in so I could figure it out without sweating too much if things went sideways. For me, keeping my coins safe and always picking up new tricks is what's keeping me in the game.
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I've been thinking a lot about how putting cash into bitcoin and altcoins could work out and I recking it's a decent mix if you play it right. Bitcoin's my steady guy, it's got that solid vibe and everyone knows it, while atlcoins feel like the wild cards that could shoot up fast, even if they're a bit of a rollercoaster. I'm the type who digs into stuff before I jump in, poking around online or chatting with people who get it, just to keep my head straight. I started small, you know, dipping my toes in so I could figure it out without sweating too much if things went sideways. For me, keeping my coins safe and always picking up new tricks is what's keeping me in the game.
That's great that you don't hop in right away.
Without knowledge, there is no reason to start investing in anything at all.
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Bitcoin is not only affected by news but also speculations, it has been the nature of Bitcoin, the demands are driven by positive news and speculations, while supply is also driven by negative news/speculations overtimes.
I think with certain levels of experiences, some traders/investors take advantage of the news and speculation to buy more Bitcoin, and some also buy during the dip and corrections modes.
Honestly speaking, there is no doubt about Bitcoin investments potentials both on the long or short term returns. It actually less riskier than other crypto assets in my opinio.
There is indeed no doubt for bitcoin investors to buy bitcoin back when the price of bitcoin is currently falling. because bitcoin still has the potential to rise this year.
Negative news will cause the crypto market to decline and we must speculate by taking on the role of an investor, who can buy when the price is falling.
If the current situation is corrected, then what you say is certainly very much expected to continue buying and holding it, because the market situation will continue to be able and able to move up again as it has done for the past few months that it will be corrected, but not long after, it will increase sharply.
All the news will be able to affect crypto, but there are also those that do not affect, and it will indeed be difficult to see a situation like this, but the ability to increase this year is still very large.
currently it is just a correction and the price is likely to go up again, and I agree with you now is the best time to buy and hold.
many predictions say that this year's bullish market has not reached what many people are targeting. and we are still optimistic that bitcoin's ATH will reach more than $130k this year. and that is my bitcoin sell target.
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currently it is just a correction and the price is likely to go up again, and I agree with you now is the best time to buy and hold.
many predictions say that this year's bullish market has not reached what many people are targeting. and we are still optimistic that bitcoin's ATH will reach more than $130k this year. and that is my bitcoin sell target.
Bitcoin has never been boring and the current environment still can be crowned with something that may occur in the future. Several factors suggest that there is reason for activity gains and the prospect of higher prices still remain very alive. Most people still think that Bitcoin price has not yet peaked in this cycle therefore the hodling of assets can still be effective. The idea to set a realistic goal is quite reasonable, which lies on the following factors that should be discussed and analysed. Having in mind that the market is constantly changing, many of you still have expectation of a bigger jump in the future and hopefully the target which we hopefully wait for will be as you have mentioned.
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currently it is just a correction and the price is likely to go up again, and I agree with you now is the best time to buy and hold.
many predictions say that this year's bullish market has not reached what many people are targeting. and we are still optimistic that bitcoin's ATH will reach more than $130k this year. and that is my bitcoin sell target.
I too hold that believe.
Liquidity should pour back in eventually, and we should seize the opportunity while it lasts.
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I've been thinking a lot about how putting cash into bitcoin and altcoins could work out and I recking it's a decent mix if you play it right. Bitcoin's my steady guy, it's got that solid vibe and everyone knows it, while atlcoins feel like the wild cards that could shoot up fast, even if they're a bit of a rollercoaster. I'm the type who digs into stuff before I jump in, poking around online or chatting with people who get it, just to keep my head straight. I started small, you know, dipping my toes in so I could figure it out without sweating too much if things went sideways. For me, keeping my coins safe and always picking up new tricks is what's keeping me in the game.
That's great that you don't hop in right away.
Without knowledge, there is no reason to start investing in anything at all.
Actually, it all depends on the individual and not everything that has been done will produce something the same as each other.
What I agree is that experience is needed, which is always said, but experience is there who learn from the information available, but not a few tries directly, but with a small nominal value and, when successful, then it is increased to what is desired.
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I've been thinking a lot about how putting cash into bitcoin and altcoins could work out and I recking it's a decent mix if you play it right. Bitcoin's my steady guy, it's got that solid vibe and everyone knows it, while atlcoins feel like the wild cards that could shoot up fast, even if they're a bit of a rollercoaster. I'm the type who digs into stuff before I jump in, poking around online or chatting with people who get it, just to keep my head straight. I started small, you know, dipping my toes in so I could figure it out without sweating too much if things went sideways. For me, keeping my coins safe and always picking up new tricks is what's keeping me in the game.
That's great that you don't hop in right away.
Without knowledge, there is no reason to start investing in anything at all.
Actually, it all depends on the individual and not everything that has been done will produce something the same as each other.
What I agree is that experience is needed, which is always said, but experience is there who learn from the information available, but not a few tries directly, but with a small nominal value and, when successful, then it is increased to what is desired.
I prefer the second option you mentioned to gain experience by trying with a small amount and if successful increase it and if failed fix it and understand where the mistake is. I also read other people's information or experiences, but that's just to know. because the best experience is if we experience it ourselves
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I prefer the second option you mentioned to gain experience by trying with a small amount and if successful increase it and if failed fix it and understand where the mistake is. I also read other people's information or experiences, but that's just to know. because the best experience is if we experience it ourselves
This is a good strategy that is implemented when one starts with the attempt on a small scale through which the process is controlled and the steps undertaken are not forced. Each acquired directly mastered experience is thus remembered even more, and the possibilities can be futher broadened. It enable you see what needs to be done and what has to be avoided and the durations it will take without having to be told from other people’s opinion. It frees you up to do things which you consider right in the circumstances you are subjected to. It is my opinion that every step that would be taken with an appreciation of the procedure would have higher value as a result since you are an active participant in the process and can notice shifts as and when they happen in the real world.
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I've been thinking a lot about how putting cash into bitcoin and altcoins could work out and I recking it's a decent mix if you play it right. Bitcoin's my steady guy, it's got that solid vibe and everyone knows it, while atlcoins feel like the wild cards that could shoot up fast, even if they're a bit of a rollercoaster. I'm the type who digs into stuff before I jump in, poking around online or chatting with people who get it, just to keep my head straight. I started small, you know, dipping my toes in so I could figure it out without sweating too much if things went sideways. For me, keeping my coins safe and always picking up new tricks is what's keeping me in the game.
That's great that you don't hop in right away.
Without knowledge, there is no reason to start investing in anything at all.
Actually, it all depends on the individual and not everything that has been done will produce something the same as each other.
What I agree is that experience is needed, which is always said, but experience is there who learn from the information available, but not a few tries directly, but with a small nominal value and, when successful, then it is increased to what is desired.
I prefer the second option you mentioned to gain experience by trying with a small amount and if successful increase it and if failed fix it and understand where the mistake is. I also read other people's information or experiences, but that's just to know. because the best experience is if we experience it ourselves
Everything should indeed be adjusted to the abilities obtained and everything can be equally good. Just do what is good for our abilities. Although indeed, trying directly is a very wise thing to do with the assumption that as little as we can and one day it will be improved. But if there is no ability for that, you can do it in another way according to the abilities we have, it will definitely be just as good.
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Everything should indeed be adjusted to the abilities obtained and everything can be equally good. Just do what is good for our abilities. Although indeed, trying directly is a very wise thing to do with the assumption that as little as we can and one day it will be improved. But if there is no ability for that, you can do it in another way according to the abilities we have, it will definitely be just as good.
Even a single step is important in the achievement process because every single step adds up to the greatest distance. Seeing an opportunity in what we find with us and so in line with what we are capable of as much as is possible at that point of time yields highly satisfying results. One should not be in a hurry to get success as the same as others do. This is because it can be more helpful to take the appropriate path when it comes to the conditions that one emanates. One must try as much as possible in the way and manners we as Africans comfortable with since that can get the needed results.
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Everything should indeed be adjusted to the abilities obtained and everything can be equally good. Just do what is good for our abilities. Although indeed, trying directly is a very wise thing to do with the assumption that as little as we can and one day it will be improved. But if there is no ability for that, you can do it in another way according to the abilities we have, it will definitely be just as good.
Of course, we must invest or trade with the amount of money that we afford to lose. It is the way to adjust our financial capability. We don't need to force our selves too much. We must do everything with a suitable portion, we don't do something that we have no capability. If we have no knowledge about it, we are better to stay away from it. However, we can improve our ability, this can make us to have many alternatives to do in the future.
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Everything should indeed be adjusted to the abilities obtained and everything can be equally good. Just do what is good for our abilities. Although indeed, trying directly is a very wise thing to do with the assumption that as little as we can and one day it will be improved. But if there is no ability for that, you can do it in another way according to the abilities we have, it will definitely be just as good.
Of course, we must invest or trade with the amount of money that we afford to lose. It is the way to adjust our financial capability. We don't need to force our selves too much. We must do everything with a suitable portion, we don't do something that we have no capability. If we have no knowledge about it, we are better to stay away from it. However, we can improve our ability, this can make us to have many alternatives to do in the future.
I agree with your suggestion, we should invest with money that we can afford to lose because it makes us calmer and more focused in trading or investing. and do not take debt to invest in crypto, because we will be faced with double risk.
Investing in crypto is quite risky, especially with the loan money that we have to return every month, this is the risk of borrowing money.
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I agree with your suggestion, we should invest with money that we can afford to lose because it makes us calmer and more focused in trading or investing. and do not take debt to invest in crypto, because we will be faced with double risk.
Investing in crypto is quite risky, especially with the loan money that we have to return every month, this is the risk of borrowing money.
If we invest with the money we afford to lose, we won't have a complicated problem when we fail to get profits. But if we force ourselves to invest with the money of main necessities or loan money, we will have complicated problems when we can't get expected profits. Since there is no guarantee for profits, we don't use unsafe money. And to take profits in crypto investment, it sometimes takes a long time, it can be for some years.
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I agree with your suggestion, we should invest with money that we can afford to lose because it makes us calmer and more focused in trading or investing. and do not take debt to invest in crypto, because we will be faced with double risk.
Investing in crypto is quite risky, especially with the loan money that we have to return every month, this is the risk of borrowing money.
If we invest with the money we afford to lose, we won't have a complicated problem when we fail to get profits. But if we force ourselves to invest with the money of main necessities or loan money, we will have complicated problems when we can't get expected profits. Since there is no guarantee for profits, we don't use unsafe money. And to take profits in crypto investment, it sometimes takes a long time, it can be for some years.
Yes mate, you are absolutely right to except for one thing in the world of investment, especially in volatile stock, there are no sureties. Of course everyone wants profit but the risk is tight in hand with every desire of getting a profit. Hence, it becomes easier to invest in an area that does not compromise the stability of life and this is what makes the process seem somewhat comfortable. Otherwise, if the profit is not instant, one will not feel drained emotionally and financially. Thus, it would be important to understand that investment can sometimes take a rather long period of time to fully work out. Being patient is a very defining factor if one can survive or be forced to exit the market due to financial pressures. Under such circumstances, the first actions play a significant role in forming a person’s experience in the world of investment.
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Everything should indeed be adjusted to the abilities obtained and everything can be equally good. Just do what is good for our abilities. Although indeed, trying directly is a very wise thing to do with the assumption that as little as we can and one day it will be improved. But if there is no ability for that, you can do it in another way according to the abilities we have, it will definitely be just as good.
Of course, we must invest or trade with the amount of money that we afford to lose. It is the way to adjust our financial capability. We don't need to force our selves too much. We must do everything with a suitable portion, we don't do something that we have no capability. If we have no knowledge about it, we are better to stay away from it. However, we can improve our ability, this can make us to have many alternatives to do in the future.
If all thoughts are like what you said, of course it is very good, but usually many are carried away by emotions, feeling that it will give very good results, but don't think that the chance of losing is very possible and, of course, we can't know this well if we don't analyze it first.
I also think, like you, that it's not good for us to do something we can't do, and it must be adjusted to the abilities we have so that if something we don't want to happen, we don't fall too deep and can get back up again.
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Sorry, but if the amount is very small for realistic people will choose altcoin as their investment... and for idealists, will still choose BTC even though the profit is small... well, let's assume we are humans who really need money with small capital, so the best choice is on altcoin... this applies to one-time purchases...
If it turns out that later, it is confirmed that you will receive money again... then it is better to choose BTC as a form of gradual purchase, such as DCA...Maybe you have a small allocation now, but if it is routine and continuous to buy BTC, then you will get something that accumulates into a lot in the future.
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Everything should indeed be adjusted to the abilities obtained and everything can be equally good. Just do what is good for our abilities. Although indeed, trying directly is a very wise thing to do with the assumption that as little as we can and one day it will be improved. But if there is no ability for that, you can do it in another way according to the abilities we have, it will definitely be just as good.
Of course, we must invest or trade with the amount of money that we afford to lose. It is the way to adjust our financial capability. We don't need to force our selves too much. We must do everything with a suitable portion, we don't do something that we have no capability. If we have no knowledge about it, we are better to stay away from it. However, we can improve our ability, this can make us to have many alternatives to do in the future.
I agree with your suggestion, we should invest with money that we can afford to lose because it makes us calmer and more focused in trading or investing. and do not take debt to invest in crypto, because we will be faced with double risk.
Investing in crypto is quite risky, especially with the loan money that we have to return every month, this is the risk of borrowing money.
If there is an option like you said, I very much agree with what you say. the problem if you do not have the funds as you say, and we are sure that what we will buy will contribute to our income where we should look for it?
All investments can be said to be very risky as well as Crypto, but there are solutions that can be made so that we can enjoy what we want with installment schemes or have to borrow, of course, with the ability to restore and not even be burdened.
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If we invest with the money we afford to lose, we won't have a complicated problem when we fail to get profits. But if we force ourselves to invest with the money of main necessities or loan money, we will have complicated problems when we can't get expected profits. Since there is no guarantee for profits, we don't use unsafe money. And to take profits in crypto investment, it sometimes takes a long time, it can be for some years.
Definitely agree.
We need to play it safe and work only with the funds that will be put toward a target, not the funds we would need to use in the process of our investment.
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I prefer the second option you mentioned to gain experience by trying with a small amount and if successful increase it and if failed fix it and understand where the mistake is. I also read other people's information or experiences, but that's just to know. because the best experience is if we experience it ourselves
This is a good strategy that is implemented when one starts with the attempt on a small scale through which the process is controlled and the steps undertaken are not forced. Each acquired directly mastered experience is thus remembered even more, and the possibilities can be futher broadened. It enable you see what needs to be done and what has to be avoided and the durations it will take without having to be told from other people’s opinion. It frees you up to do things which you consider right in the circumstances you are subjected to. It is my opinion that every step that would be taken with an appreciation of the procedure would have higher value as a result since you are an active participant in the process and can notice shifts as and when they happen in the real world.
- You know, that's the beauty of bitcoin, which we call digital gold, where anyone can buy it for any amount, as long as it doesn't go below $10,
unlike Gold and Silver, you can't buy anything for the amount you have a budget for.
So, with physical gold, DCA won't work or be possible, because with gold, you really have to buy the amount required, how much it really is,
and that's for sure not cheap, instead of expensive either.
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There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.
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There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with,
Yes that's one of the factor to prove that Bitcoin is not expensive as some people will say because it has not given anybody any form of external expenses apart from the one they are using for investment, so perhaps if Bitcoin was some kind of investment the investors will pay weekly or monthly charges for having Bitcoin then we could have agreed that is very expensive or it has a particular amounts someone must reach before they can starts but on the contrary there is nothing distorting about Bitcoin investment.
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Getting a whole bitcoin might seem very expensive but why have a whole bitcoin now when you can get a piece of it and accumulate more as time moves forward? bitcoin is a highly rated assets it's not disappearing anytime soon so you should just get what you can afford and hold it as time goes on you can keep buying.
This same question has lead many to buy some pump and dump shitcoins and at the end they don't even make a dime from the shitcoins.
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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 only have a small amount of capital to buy bitcoin in this present time which the price of bitcoin is too high then you should think twice and do computation on how much you will possibly earn with that capital, every dicision depends on you because you are the one to loss or earn with the decision you made, but for me if i only have a small capital i will invest it too altcoins because not all altcoins are waste of time it will depend on how you choose the best among them to earn profit.
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Getting a whole bitcoin might seem very expensive but why have a whole bitcoin now when you can get a piece of it and accumulate more as time moves forward? bitcoin is a highly rated assets it's not disappearing anytime soon so you should just get what you can afford and hold it as time goes on you can keep buying.
This same question has lead many to buy some pump and dump shitcoins and at the end they don't even make a dime from the shitcoins.
The answer is a steady accumulation toward the target - 1 or 0,5 BTC, it doesn't matter as long BTC is still the king due to the values it upholds.
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If you only have a small amount of capital to buy bitcoin in this present time which the price of bitcoin is too high then you should think twice and do computation on how much you will possibly earn with that capital, every dicision depends on you because you are the one to loss or earn with the decision you made, but for me if i only have a small capital i will invest it too altcoins because not all altcoins are waste of time it will depend on how you choose the best among them to earn profit.
Managing a small capital in a scenario whereby a pegged price of bitcoin is high of course it will make you to think a lot. To some extent, there is an approach that may be classified as more protective, and it is investing in some part of the funds for the altcoins. Some of them can hardly be qualified as primitive, to the contrary, some of them can be considered as potential for development in the nearest future, in the nearest years. It is not very complicated to spend time and look for companies that have a solid foundation and favourable outlook. This way you will be able in trading the broad market without having to confine yourself to trading only in Bitcoin due to fluctuations in price.
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Managing a small capital in a scenario whereby a pegged price of bitcoin is high of course it will make you to think a lot. To some extent, there is an approach that may be classified as more protective, and it is investing in some part of the funds for the altcoins. Some of them can hardly be qualified as primitive, to the contrary, some of them can be considered as potential for development in the nearest future, in the nearest years. It is not very complicated to spend time and look for companies that have a solid foundation and favourable outlook. This way you will be able in trading the broad market without having to confine yourself to trading only in Bitcoin due to fluctuations in price.
Bitcoin is certainly going to rebounce eventually, alts - can't be so confident about that. To each - his own way of things in the space.
I would rather choose BTC.
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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 only have a small amount of capital to buy bitcoin in this present time which the price of bitcoin is too high then you should think twice and do computation on how much you will possibly earn with that capital, every dicision depends on you because you are the one to loss or earn with the decision you made, but for me if i only have a small capital i will invest it too altcoins because not all altcoins are waste of time it will depend on how you choose the best among them to earn profit.
Many are like you, like me, who feel that the price of bitcoin is already high and if they don't have enough capital, then they don't try to have bitcoin and that's fine. But you also have to know that bitcoin is very good for long-term investment because it is indeed most suitable for every halving period and will always reach its latest ATH.
Therefore, there is a scheme that can be made to be able to buy bitcoin, one of which is by DCA, or, as you said, choosing a potential altcoin, which is also definitely very good.
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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 only have a small amount of capital to buy bitcoin in this present time which the price of bitcoin is too high then you should think twice and do computation on how much you will possibly earn with that capital, every dicision depends on you because you are the one to loss or earn with the decision you made, but for me if i only have a small capital i will invest it too altcoins because not all altcoins are waste of time it will depend on how you choose the best among them to earn profit.
Many are like you, like me, who feel that the price of bitcoin is already high and if they don't have enough capital, then they don't try to have bitcoin and that's fine. But you also have to know that bitcoin is very good for long-term investment because it is indeed most suitable for every halving period and will always reach its latest ATH.
Therefore, there is a scheme that can be made to be able to buy bitcoin, one of which is by DCA, or, as you said, choosing a potential altcoin, which is also definitely very good.
Same goes into the time that Bitcoin when it was still $200 on the moment that i have been into crypto space. This is something that also comes into my mind that it was just that too expensive for me to buy up a coin. Come to think that primary thing that comes up into your mind is that you should be that accumulating tons of coins instead of 1 and this is why you would be that trying out to skip out the plan on getting a 1 whole coin on which on the time i have that looked back into those early years on which i have started then i do always have that huge regret. This is why its better that you should be accumulating while you still can even though its not a whole coin but still we can be able to buy in fractions, so that you wont be ending up on having that regret just like me and some people whose on the same situation.
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Getting a whole bitcoin might seem very expensive but why have a whole bitcoin now when you can get a piece of it and accumulate more as time moves forward? bitcoin is a highly rated assets it's not disappearing anytime soon so you should just get what you can afford and hold it as time goes on you can keep buying.
This same question has lead many to buy some pump and dump shitcoins and at the end they don't even make a dime from the shitcoins.
Yes, that's right, when people think that buying Bitcoin must be as much as 1BTC, then it will be very expensive and may not be affordable for most people in the world, especially in some developing countries. But what's special about Bitcoin here is that there is no minimum purchase limit, except for the minimum limit from the exchange or platform. and it is also very small and quite affordable for anyone. we can just check on each platform that we will use, how small the minimum purchase is. and it can also be done many times, with the DCA system or other systems according to our budget and strategy
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Yes, that's right, when people think that buying Bitcoin must be as much as 1BTC, then it will be very expensive and may not be affordable for most people in the world, especially in some developing countries. But what's special about Bitcoin here is that there is no minimum purchase limit, except for the minimum limit from the exchange or platform. and it is also very small and quite affordable for anyone. we can just check on each platform that we will use, how small the minimum purchase is. and it can also be done many times, with the DCA system or other systems according to our budget and strategy
20$+ dollars at least once in two days or weekly - and it would create good results in 4+ years, isn't that wonderful in of itself?
The hodl never stops working with BTC.
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Same goes into the time that Bitcoin when it was still $200 on the moment that i have been into crypto space. This is something that also comes into my mind that it was just that too expensive for me to buy up a coin. Come to think that primary thing that comes up into your mind is that you should be that accumulating tons of coins instead of 1 and this is why you would be that trying out to skip out the plan on getting a 1 whole coin on which on the time i have that looked back into those early years on which i have started then i do always have that huge regret. This is why its better that you should be accumulating while you still can even though its not a whole coin but still we can be able to buy in fractions, so that you wont be ending up on having that regret just like me and some people whose on the same situation.
That is why many people hesitate when they see a high price for a coin and think about buying a smaller amount. This is comprehensible since people believe that buying a small sector is cheaper than paying for an entire section. However, one begins to appreciate that the time given to buy at a cheaper price is actually something that one can marvel at. Thus, it is possible to have a bigger chance in the future even if collecting coins in small amounts sometimes allowing you to buy not even a single coin with what you collected today. These are lessons that are quite important in anyone’s life in terms of training to be keen in noticing opportunities.
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That is why many people hesitate when they see a high price for a coin and think about buying a smaller amount. This is comprehensible since people believe that buying a small sector is cheaper than paying for an entire section. However, one begins to appreciate that the time given to buy at a cheaper price is actually something that one can marvel at. Thus, it is possible to have a bigger chance in the future even if collecting coins in small amounts sometimes allowing you to buy not even a single coin with what you collected today. These are lessons that are quite important in anyone’s life in terms of training to be keen in noticing opportunities.
We should look into the future, not in the short-term frame.
And I agree, we learn as we progress through different coins and strategies - we refine our skills and become better at what we do, and that is truly beautiful.
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Same goes into the time that Bitcoin when it was still $200 on the moment that i have been into crypto space. This is something that also comes into my mind that it was just that too expensive for me to buy up a coin. Come to think that primary thing that comes up into your mind is that you should be that accumulating tons of coins instead of 1 and this is why you would be that trying out to skip out the plan on getting a 1 whole coin on which on the time i have that looked back into those early years on which i have started then i do always have that huge regret. This is why its better that you should be accumulating while you still can even though its not a whole coin but still we can be able to buy in fractions, so that you wont be ending up on having that regret just like me and some people whose on the same situation.
That is why many people hesitate when they see a high price for a coin and think about buying a smaller amount. This is comprehensible since people believe that buying a small sector is cheaper than paying for an entire section. However, one begins to appreciate that the time given to buy at a cheaper price is actually something that one can marvel at. Thus, it is possible to have a bigger chance in the future even if collecting coins in small amounts sometimes allowing you to buy not even a single coin with what you collected today. These are lessons that are quite important in anyone’s life in terms of training to be keen in noticing opportunities.
And that hesitation will be leading to regrets later on, specially on the time that they've seen the price had already shoot up. Tons of people who had been able to have that kind of regrets in the end because they do think that the price is already high and didnt want to made up some buybacks just because it is still expensive and waiting for it to getting much more cheaper. Well, its not bad to buy on the dip but make it sure that you wont be that waiting up for so long. We do know that recognition and adoption is increasing day by day or year by year on which it will be that resulting into that price increase. We do know that price gradually goes back up and could reach out new all time high. If you wont be that taking up such action then you would be getting left behind.
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And that hesitation will be leading to regrets later on, specially on the time that they've seen the price had already shoot up. Tons of people who had been able to have that kind of regrets in the end because they do think that the price is already high and didnt want to made up some buybacks just because it is still expensive and waiting for it to getting much more cheaper. Well, its not bad to buy on the dip but make it sure that you wont be that waiting up for so long. We do know that recognition and adoption is increasing day by day or year by year on which it will be that resulting into that price increase. We do know that price gradually goes back up and could reach out new all time high. If you wont be that taking up such action then you would be getting left behind.
Well, Doubt often comes when opportunities are in front of our eyes and, However, it is sad that most of the people only come to know when everything is too late. When much of time is limited and there is no special time to sit, ponder, and come up with the best decision, reliance on heuristics is the best solution. Some of us may have thought that the price was too high and in fact it further increased and never came down to that particular figure again. It is because rather than knowing and choosing not to have it, the regret comes from when one waits for something that may never arrive. Especially in the space that is growing with the global participation, increases at times happen not because of something exceptional but something that one could make out earlier clearly. When we procrastinate, the consequence is that we also surrender the position to other people.
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And that hesitation will be leading to regrets later on, specially on the time that they've seen the price had already shoot up. Tons of people who had been able to have that kind of regrets in the end because they do think that the price is already high and didnt want to made up some buybacks just because it is still expensive and waiting for it to getting much more cheaper. Well, its not bad to buy on the dip but make it sure that you wont be that waiting up for so long. We do know that recognition and adoption is increasing day by day or year by year on which it will be that resulting into that price increase. We do know that price gradually goes back up and could reach out new all time high. If you wont be that taking up such action then you would be getting left behind.
Well, Doubt often comes when opportunities are in front of our eyes and, However, it is sad that most of the people only come to know when everything is too late. When much of time is limited and there is no special time to sit, ponder, and come up with the best decision, reliance on heuristics is the best solution. Some of us may have thought that the price was too high and in fact it further increased and never came down to that particular figure again. It is because rather than knowing and choosing not to have it, the regret comes from when one waits for something that may never arrive. Especially in the space that is growing with the global participation, increases at times happen not because of something exceptional but something that one could make out earlier clearly. When we procrastinate, the consequence is that we also surrender the position to other people.
Sometimes what is needed is not the guarantee of a particular course of action but the clarity of further action, no matter how large or small and how slowly. I believe this is something that a majority of individuals use due to the fact that they feel lost in life not necessarily because they do not know what to do. In many cases, there will be situations where you don’t have to sit down and devise a well-thought strategy. At times, we only require a clear purpose of our ambition to attempt to take the risk and know the results. The world does not wait, and the decision you are hesitating to make might in fact be made by somebody else at the moment. That very often can be rather challenging, as simple as it may sound, because there are many things that are left unspoken deep inside a person. As long as one can still reason and experience sensations, one still has the freedom to do something today no matter how meagre. That should begin to make the difference.
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There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.
Agree. Bitcoin isn't expensive if we view it from the possibility of the raise of its price in the next few years. Even if it is already above $80k now, it can be above $100k again in the next few months/years. And we can adjust the amount of our money to buy Bitcoin, it is not a must to buy 1 Bitcoin. Even we have $100, we can buy Bitcoin. Anyway, Bitcoin is decentralized, it is not controlled by the government or any institution. That's why the price fluctuates significantly.
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There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.
Agree. Bitcoin isn't expensive if we view it from the possibility of the raise of its price in the next few years. Even if it is already above $80k now, it can be above $100k again in the next few months/years. And we can adjust the amount of our money to buy Bitcoin, it is not a must to buy 1 Bitcoin. Even we have $100, we can buy Bitcoin. Anyway, Bitcoin is decentralized, it is not controlled by the government or any institution. That's why the price fluctuates significantly.
We are now having the price of our dreams, lower than $80k and still going.
8) So we need to buy it now and forget about the rest.
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There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.
Agree. Bitcoin isn't expensive if we view it from the possibility of the raise of its price in the next few years. Even if it is already above $80k now, it can be above $100k again in the next few months/years. And we can adjust the amount of our money to buy Bitcoin, it is not a must to buy 1 Bitcoin. Even we have $100, we can buy Bitcoin. Anyway, Bitcoin is decentralized, it is not controlled by the government or any institution. That's why the price fluctuates significantly.
Maybe for some people who do kept it for the long term and get results from what has been collected, it may not be that big, but there are some people who collect with a small value, and now it is high, of course, very big. All just depends on what perception we will compare.
Agree that we can adjust ourselves to the ability that we can do to buy bitcoin at any value and will mean at the right time when we think it is worth letting go.
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That is the normal thought of most people that they think the small amount of money they have shouldn't be for Bitcoin. But keep yourself determine into accumulating more BTCs, these small amounts when top on each other will be greater than what you can ever thought of. And I am sure that it's not always that small that we're going to buy Bitcoin. There will be a time that we can invest with bigger amounts because of how determined we are.
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That is the normal thought of most people that they think the small amount of money they have shouldn't be for Bitcoin. But keep yourself determine into accumulating more BTCs, these small amounts when top on each other will be greater than what you can ever thought of. And I am sure that it's not always that small that we're going to buy Bitcoin. There will be a time that we can invest with bigger amounts because of how determined we are.
Some people thinking that they should be buying a whole coin on which this is mostly impossible for most people because its already that expensive, excluding into those whales and rich people who do have that buying power but for us plebs then we would definitely having those impressions that we are already that left behind or having those thinking that we are already too late on which this is very wrong. This is why its really that recommended that if you are eager or that inspired to accumulate Bitcoin or other crypto then you should be that starting to accumulate even on small amounts on which just like on what you have said that if these amounts will be accumulate then it will become that significant somehow.
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Some people thinking that they should be buying a whole coin on which this is mostly impossible for most people because its already that expensive, excluding into those whales and rich people who do have that buying power but for us plebs then we would definitely having those impressions that we are already that left behind or having those thinking that we are already too late on which this is very wrong. This is why its really that recommended that if you are eager or that inspired to accumulate Bitcoin or other crypto then you should be that starting to accumulate even on small amounts on which just like on what you have said that if these amounts will be accumulate then it will become that significant somehow.
It is possible that OP intends to resell it at a higher price, whereas when the price of Bitcoin increases by $1000, it means only under 2% increase, whereas if he buys ETH, the increase of $1000 will increase the value of his assets by 60% at the current price...
I think OP also understands the basic concept of Bitcoin where we can buy it in small amounts, like 0.001 or even smaller... according to our needs and budget...
So maybe what is meant by expensive is not the price to buy, but the price when you want to sell it is too difficult to get a high gain.
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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?.
Holding Bitcoin for me is more preferable than holding alt coin. This is because of the amount of investors in Bitcoin and also because for me Bitcoin tend to have more value in the longer run, and the good thing out Bitcoin is that you don't have to have millions of dollars before you can invest in Bitcoin, with the little amount you have you can actually invest with.
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Holding Bitcoin for me is more preferable than holding alt coin. This is because of the amount of investors in Bitcoin and also because for me Bitcoin tend to have more value in the longer run, and the good thing out Bitcoin is that you don't have to have millions of dollars before you can invest in Bitcoin, with the little amount you have you can actually invest with.
The same can be said about alts too.
BTC is just more stable option to go for ;)
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That is the normal thought of most people that they think the small amount of money they have shouldn't be for Bitcoin. But keep yourself determine into accumulating more BTCs, these small amounts when top on each other will be greater than what you can ever thought of. And I am sure that it's not always that small that we're going to buy Bitcoin. There will be a time that we can invest with bigger amounts because of how determined we are.
Some people thinking that they should be buying a whole coin on which this is mostly impossible for most people because its already that expensive, excluding into those whales and rich people who do have that buying power but for us plebs then we would definitely having those impressions that we are already that left behind or having those thinking that we are already too late on which this is very wrong. This is why its really that recommended that if you are eager or that inspired to accumulate Bitcoin or other crypto then you should be that starting to accumulate even on small amounts on which just like on what you have said that if these amounts will be accumulate then it will become that significant somehow.
We will not be left behind as long as we're determined and dedicated to accumulate for as long as we can. There will be dull moments for our lives but while we can continue to accumulate and save even for some, that's the important thing that we can do. Because not everyone who's able to believe in Bitcoin are also going to keep on buying it whether they have money or none.
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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?.
Holding Bitcoin for me is more preferable than holding alt coin. This is because of the amount of investors in Bitcoin and also because for me Bitcoin tend to have more value in the longer run, and the good thing out Bitcoin is that you don't have to have millions of dollars before you can invest in Bitcoin, with the little amount you have you can actually invest with.
Indeed, the priority scale for saving will fall on bitcoin, but it is not bad if we also save potential altcoins, because the profits obtained are no less good than bitcoin.
You are right that bitcoin is indeed very good for use for long-term investment and can always contribute to those who hold it after the halving period occurs. You can also invest in the DCA scheme, and it does not have to be a large amount.
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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?.
So what if you buy bitcoins for a small amount of money? This is normal and even good. Investing in such an asset, as we have all repeatedly seen, is a noble and necessary thing. At least because with a high level of inflationary risks of the money supply, there is an option to save savings with this approach. Therefore, you will not regret it in any case.
What about altcoins? I think that this is not the best option. You must have extensive knowledge in this area and confidence that there is a prospect of making a profit when investing in such instruments.
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Indeed, the priority scale for saving will fall on bitcoin, but it is not bad if we also save potential altcoins, because the profits obtained are no less good than bitcoin.
You are right that bitcoin is indeed very good for use for long-term investment and can always contribute to those who hold it after the halving period occurs. You can also invest in the DCA scheme, and it does not have to be a large amount.
Bitcoin should just be the main target, all the rest - it's a side target. Surely, big alts may bring results in the end, but stability - there is where the potential lies.
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Maybe for some people who do kept it for the long term and get results from what has been collected, it may not be that big, but there are some people who collect with a small value, and now it is high, of course, very big. All just depends on what perception we will compare.
Agree that we can adjust ourselves to the ability that we can do to buy bitcoin at any value and will mean at the right time when we think it is worth letting go.
Yes, some people may already get some profits. They may keep holding for some of their assets. How much to get profits, it depends on our capital. We can't dream to earn thousands of dollar if we only use hundred of dollars for buying coins. But if we hold for some years, we may optimize the profits. Sure, we must adjust the goals with the amount of money that we use in crypto investment. It is better to keep making realistic goals.
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Yes, some people may already get some profits. They may keep holding for some of their assets. How much to get profits, it depends on our capital. We can't dream to earn thousands of dollar if we only use hundred of dollars for buying coins. But if we hold for some years, we may optimize the profits. Sure, we must adjust the goals with the amount of money that we use in crypto investment. It is better to keep making realistic goals.
We especially can't wait for such results on BTC for sure - it's about steady accumulation and stability, not a coin that gets 5x-10x in a matter of days or even weeks.
I agree with you.
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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.
The good thing is that Bitcoin can actually be bought in fractions, it is denominated between 0.000000001 to 1 unit of Bitcoin, and can be purchase according to what anyone can afford. Those that sees Bitcoin as too expensive should seek means to learn how Bitcoin works.
In addition, investing on Bitcoin can be continuous with little capital untill it becomes a unit, especially for those with small income.
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- At the price of bitcoin that we have now, if you are just an ordinary person who is not rich, do we think we can buy 1 bitcoin? of course the answer is nope, even if you are in the middle class level of the estate of the person you still will not be able to buy 1Btc because it still depends on the expenses that they have every month.
That means, the only types of people who can really buy 1 bitcoin are the rich types of the community. But bitcoin is not designed for that kind of thing because this is the beauty of bitcoin where we can buy it even for just 10$ if you want to save it for the future through DCA.
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- At the price of bitcoin that we have now, if you are just an ordinary person who is not rich, do we think we can buy 1 bitcoin? of course the answer is nope, even if you are in the middle class level of the estate of the person you still will not be able to buy 1Btc because it still depends on the expenses that they have every month.
That means, the only types of people who can really buy 1 bitcoin are the rich types of the community. But bitcoin is not designed for that kind of thing because this is the beauty of bitcoin where we can buy it even for just 10$ if you want to save it for the future through DCA.
This condition does give Bitcoin a more exclusive sense to some people and especially those with no big cash power. However, the remarkable aspect concerning this grey area is that one can procuring a small segment of the Bitcoin. It also means that any person who would want to have an exposure in the company or a certain business can invest a limited sum, which they may gradually accumulate. It is true there may not be many people who may be able to afford to buy whole Bitcoin however the beauty of this item is that even if one only buys a small portion of Bitcoin this same person has an opportunity to make big profits in the future.
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There is no time too late or too early to bag up Bitcoins, either in fractions or in whole. The price of Bitcoin is on a continuous increase, that doesn't mean those who can't purchase full Bitcoin are not allowed to get in fractions. Bitcoin is like a big whale, washed out to the seas shore for anyone who is courageous enough to go forth and have a cut as much as they can carry, that is how I see Bitcoin. So, Bitcoin has no restriction to its buyers, as those that are rich, who can buy 1BTC, so is it free for those who has spare $20 to keep outside their daily, weekly or month expenses, as savings for the future.
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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.
The good thing is that Bitcoin can actually be bought in fractions, it is denominated between 0.000000001 to 1 unit of Bitcoin, and can be purchase according to what anyone can afford. Those that sees Bitcoin as too expensive should seek means to learn how Bitcoin works.
In addition, investing on Bitcoin can be continuous with little capital untill it becomes a unit, especially for those with small income.
Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
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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.
The good thing is that Bitcoin can actually be bought in fractions, it is denominated between 0.000000001 to 1 unit of Bitcoin, and can be purchase according to what anyone can afford. Those that sees Bitcoin as too expensive should seek means to learn how Bitcoin works.
In addition, investing on Bitcoin can be continuous with little capital untill it becomes a unit, especially for those with small income.
Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
Some people thinking that they should buy up a whole coin for them to be called as an investor but its true that you can buy up on fractions on which it will be basing up into your financial capability when it comes into this aspect. It is too expensive for you? Not needing to buy a whole coin but rather in fractions, just make it sure that you are only investing into the amount on which you can afford to lose and never tend to makeout that all in investment because despite of having that huge trust into this market but it doesnt mean that it will be giving out that assurance that you will be successful in the future. It all matters about on several factors on which it will be determine whether it could be positive or negative on your side.
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There is no time too late or too early to bag up Bitcoins, either in fractions or in whole. The price of Bitcoin is on a continuous increase, that doesn't mean those who can't purchase full Bitcoin are not allowed to get in fractions. Bitcoin is like a big whale, washed out to the seas shore for anyone who is courageous enough to go forth and have a cut as much as they can carry, that is how I see Bitcoin. So, Bitcoin has no restriction to its buyers, as those that are rich, who can buy 1BTC, so is it free for those who has spare $20 to keep outside their daily, weekly or month expenses, as savings for the future.
Bitcoin doesn't have a starting time and doesn't have a better time, everytime is a better time if you have the money to buy. What you should be doing if you have a passive money is to do a DCA, it helps alot because with time you will be having much amount of money investes in Bitcoin at different prices and this becomes an edge with having it in low price.
However, if you do not have much money, you can have look for opportunities when the price dip so you can buy them and hold for as long you like joy this should be with money you don't need so soon so you are not compel to sell later and probably doing that at a loss.
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There is no time too late or too early to bag up Bitcoins, either in fractions or in whole. The price of Bitcoin is on a continuous increase, that doesn't mean those who can't purchase full Bitcoin are not allowed to get in fractions. Bitcoin is like a big whale, washed out to the seas shore for anyone who is courageous enough to go forth and have a cut as much as they can carry, that is how I see Bitcoin. So, Bitcoin has no restriction to its buyers, as those that are rich, who can buy 1BTC, so is it free for those who has spare $20 to keep outside their daily, weekly or month expenses, as savings for the future.
No need to snag a whole Bitcoin right now, and frankly, my wallet's doing the polite cough at the thought! What I'm up to is trying to snag some profit from those sweet Bitcoin price swings – buy low, hold 'til my happy target.
Now, about something being pricey or a steal? It's all about eyeballing its own potential, right? And with Bitcoin, your guess is as good as mine on its ultimate destiny. Could be the world's go-to strategic stash down the road, in which case, a million dollars a coin still sounds like a bargain! Flip side? Plenty of folks still think Bitcoin's just smoke and mirrors, and only the truly adventurous (bless their hearts) would dive in :)
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Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
Those people who think Bitcoin is expensive, they probably don't understand Bitcoin investment. They also may not start investing in Bitcoin, so they are not aware of it. If they start buying Bitcoin, they will know that it is not so expensive. People can use smaller amount of money to buy Bitcoin. $5-$10 seems too small money, it is better to use $25 at least. But this means that Bitcoin isn't that expensive, we don't need to force ourselves to spend a lot of money at once.
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There is no time too late or too early to bag up Bitcoins, either in fractions or in whole. The price of Bitcoin is on a continuous increase, that doesn't mean those who can't purchase full Bitcoin are not allowed to get in fractions. Bitcoin is like a big whale, washed out to the seas shore for anyone who is courageous enough to go forth and have a cut as much as they can carry, that is how I see Bitcoin. So, Bitcoin has no restriction to its buyers, as those that are rich, who can buy 1BTC, so is it free for those who has spare $20 to keep outside their daily, weekly or month expenses, as savings for the future.
Bitcoin doesn't have a starting time and doesn't have a better time, everytime is a better time if you have the money to buy. What you should be doing if you have a passive money is to do a DCA, it helps alot because with time you will be having much amount of money investes in Bitcoin at different prices and this becomes an edge with having it in low price.
However, if you do not have much money, you can have look for opportunities when the price dip so you can buy them and hold for as long you like joy this should be with money you don't need so soon so you are not compel to sell later and probably doing that at a loss.
The strategy derived from the long-term participation in the crypto market demonstrates that steady investment cycle leads to more stable returns. When we have more money than we require for daily needs then, that is when we allow ourselves to think in the calm, unhurried manner. Instead of the fear of rising prices, an opportunity to strengthen the position appears at the moment when the price starts to decrease. It is not always necessary to strive for knowing the optimal price because the average cost generated from frequent acquisitions creates a solid base. It is not only about buying and waiting to sell and famously known as ‘buy and hold’, but it also enhances the appreciation of waiting for value gain. This option has the most important value since one must be able to control his or her feelings during the communication process.
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The strategy derived from the long-term participation in the crypto market demonstrates that steady investment cycle leads to more stable returns. When we have more money than we require for daily needs then, that is when we allow ourselves to think in the calm, unhurried manner. Instead of the fear of rising prices, an opportunity to strengthen the position appears at the moment when the price starts to decrease. It is not always necessary to strive for knowing the optimal price because the average cost generated from frequent acquisitions creates a solid base. It is not only about buying and waiting to sell and famously known as ‘buy and hold’, but it also enhances the appreciation of waiting for value gain. This option has the most important value since one must be able to control his or her feelings during the communication process.
Emotions play an important role in investment decisions because we have feelings concerning movements of markets, but patience and rationality pays off. Yes, when we have devoted our time and provide adequate time for long run decisions, better opportunities for growth are given. It is also always advisable not to overly be preoccupied with each day’s changes and variations which do not really affect the final result. Thus, having more sophisticated steps than a primitive reaction, we can benefit from the opportunities that the panicked individuals don’t see. Managing emotion in investing leads us to be more rational the moment which creates with space for more concrete result in the future.
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Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
Those people who think Bitcoin is expensive, they probably don't understand Bitcoin investment. They also may not start investing in Bitcoin, so they are not aware of it. If they start buying Bitcoin, they will know that it is not so expensive. People can use smaller amount of money to buy Bitcoin. $5-$10 seems too small money, it is better to use $25 at least. But this means that Bitcoin isn't that expensive, we don't need to force ourselves to spend a lot of money at once.
Yes, you are right, they may not understand so they think bitcoin is expensive. Because we can buy any amount of bitcoin from the money we have. Of course, if you are not a whale, many people cannot buy bitcoin if they have to buy at least 1 bitcoin. But it's not like that, we can have bitcoin based on our ability.
We only need to set aside money from our income, and that is if it covers our living expenses.
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Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
Those people who think Bitcoin is expensive, they probably don't understand Bitcoin investment. They also may not start investing in Bitcoin, so they are not aware of it. If they start buying Bitcoin, they will know that it is not so expensive. People can use smaller amount of money to buy Bitcoin. $5-$10 seems too small money, it is better to use $25 at least. But this means that Bitcoin isn't that expensive, we don't need to force ourselves to spend a lot of money at once.
Yes, you are right, they may not understand so they think bitcoin is expensive. Because we can buy any amount of bitcoin from the money we have. Of course, if you are not a whale, many people cannot buy bitcoin if they have to buy at least 1 bitcoin. But it's not like that, we can have bitcoin based on our ability.
We only need to set aside money from our income, and that is if it covers our living expenses.
We can buy bitcoin according to our ability, if we set aside money from our income we should think about our living expenses so that our investment in crypto is not disturbed because the crypto market is difficult to predict. And we need free funds to be able to invest calmly and not panic when a correction occurs. I agree with this comment because that's what I've been doing.
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Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
Those people who think Bitcoin is expensive, they probably don't understand Bitcoin investment. They also may not start investing in Bitcoin, so they are not aware of it. If they start buying Bitcoin, they will know that it is not so expensive. People can use smaller amount of money to buy Bitcoin. $5-$10 seems too small money, it is better to use $25 at least. But this means that Bitcoin isn't that expensive, we don't need to force ourselves to spend a lot of money at once.
Should indeed do as you said that if you want to have bitcoin, you can do it in installments according to your ability and continue to buy until it is in accordance with what we want, so that the goal of having bitcoin can be achieved.
Indeed, the price of bitcoin is too high, but it is not impossible to invest in bitcoin as long as there is a will in the way you said.
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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?.
Yes, we have seen that the market has increased a lot this year compared to the previous years, so the number of investments in it is increasing day by day. We almost always analyze all the coins that are currently available in Bitcoin. And it seems that everyone is starting to be interested in how we promote and trend this digital currency. And how can we profit from this or for our profit, we are investing in different tokens and especially Bitcoin, which is in demand by almost all people, which is why many have invested in it because Bitcoin is now in a good position. We now have a lot of confidence in the top coins that Bitcoin has that we can profit from this.
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Yes, you are right, they may not understand so they think bitcoin is expensive. Because we can buy any amount of bitcoin from the money we have. Of course, if you are not a whale, many people cannot buy bitcoin if they have to buy at least 1 bitcoin. But it's not like that, we can have bitcoin based on our ability.
We only need to set aside money from our income, and that is if it covers our living expenses.
We can buy bitcoin according to our ability, if we set aside money from our income we should think about our living expenses so that our investment in crypto is not disturbed because the crypto market is difficult to predict. And we need free funds to be able to invest calmly and not panic when a correction occurs. I agree with this comment because that's what I've been doing.
Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
thats right, we have to prioritize our living needs first then if they have been met then think about investment. because living needs are very important when we already have children and family. investment should use free money so that we can be more focused if we want to do long-term holding because it is not disturbed by needs.
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Why should anyone think that Bitcoin is too expensive when you can buy the minimum amount of units of bits even with as low as $5-$10, this is what most people do not understand about Bitcoin investment, in as much as Bitcoin can be split into bits it makes it buyable to all and we shouldn't get carried away with the high ambition of wanting to own full units of Bitcoin.
Those people who think Bitcoin is expensive, they probably don't understand Bitcoin investment. They also may not start investing in Bitcoin, so they are not aware of it. If they start buying Bitcoin, they will know that it is not so expensive. People can use smaller amount of money to buy Bitcoin. $5-$10 seems too small money, it is better to use $25 at least. But this means that Bitcoin isn't that expensive, we don't need to force ourselves to spend a lot of money at once.
Yes, you are right, they may not understand so they think bitcoin is expensive. Because we can buy any amount of bitcoin from the money we have. Of course, if you are not a whale, many people cannot buy bitcoin if they have to buy at least 1 bitcoin. But it's not like that, we can have bitcoin based on our ability.
We only need to set aside money from our income, and that is if it covers our living expenses.
Yes you are right now Bitcoin is very expensive for us. But once upon a time Bitcoin price was very low and that was very Cheap for us. Now a days Bitcoin being very popular day by day and being expensive to us.
But it also true that now very expensive to us on the otherhand for wheals it not too expensive. When Bitcoin price will dump then may be it will cheap for us. And we are waiting for that.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
thats right, we have to prioritize our living needs first then if they have been met then think about investment. because living needs are very important when we already have children and family. investment should use free money so that we can be more focused if we want to do long-term holding because it is not disturbed by needs.
Investment is also very good because it can increase the income obtained from investment for needs that are needed at all times.
But I really agree that if you want to invest, you should use unused funds and are available so that you can be more focused, because investment sometimes takes a long time, so it does not interfere with needs that may need to be made.
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Investment is also very good because it can increase the income obtained from investment for needs that are needed at all times.
But I really agree that if you want to invest, you should use unused funds and are available so that you can be more focused, because investment sometimes takes a long time, so it does not interfere with needs that may need to be made.
I agree that investing is good when we can sustain the steady flow of funds toward it, as well as not to convert the funds in the process into the fiat because we have a need to do so.
That way - it may help a person in the long run, that's why we need to think about it carefully and use the funds that we won't need here and now.
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Investment is also very good because it can increase the income obtained from investment for needs that are needed at all times.
But I really agree that if you want to invest, you should use unused funds and are available so that you can be more focused, because investment sometimes takes a long time, so it does not interfere with needs that may need to be made.
It makes sense as one of the factors influencing the investment process is always the competition with the current needs for money. That is why, it is better to use those funds which one does not need for some time at the moment, which will allow one to be more relaxed in relation to certain fluctuations in the market that can be quite unpredictable at times. It takes time for investments to maturity and that is why if we do not use all the funds that we have, then we are safe from using the little funds that we have to make wasteful expenditures. Maintaining a part of the invested money to specifically to be reserved free can help us to be more careful in choosing the next steps.
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It makes sense as one of the factors influencing the investment process is always the competition with the current needs for money. That is why, it is better to use those funds which one does not need for some time at the moment, which will allow one to be more relaxed in relation to certain fluctuations in the market that can be quite unpredictable at times. It takes time for investments to maturity and that is why if we do not use all the funds that we have, then we are safe from using the little funds that we have to make wasteful expenditures. Maintaining a part of the invested money to specifically to be reserved free can help us to be more careful in choosing the next steps.
Going for BTC, we just need to wait and see the results in the end - that's the beauty of it.
With it, you just don't have to worry for the days going by - time works for you, and BTC's values are playing their role in that process.
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Investment is also very good because it can increase the income obtained from investment for needs that are needed at all times.
But I really agree that if you want to invest, you should use unused funds and are available so that you can be more focused, because investment sometimes takes a long time, so it does not interfere with needs that may need to be made.
Investment is needed for sure. With investment, we can have the chance for gaining bigger amount of money in the future. If we only have savings, it will never increase the amount of money. Sure, we must use safe money for investment, we don't use loan money or the money for main necessities. Moreover it is for crypto investment that it has high risks. If we have no enough money, we can use DCA strategy. Everyone who has limited funds, they can use DCA because in this way we can buy Bitcoin gradually with small money.
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- If you are not a rich person, and you wish to have 1 bitcoin that means you want to have 1 bitcoin but you can't because its value is expensive in the currency of the country where we were born. Therefore, one Bitcoin is really expensive if you buy one Bitcoin or we do.
But of course even if we don't have the capacity to buy 1 bitcoin, we can still buy Bitcoin little by little, which can come one day when we save up little by little
we will reach the equivalent of one Bitcoin.
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Yes, you are right, they may not understand so they think bitcoin is expensive. Because we can buy any amount of bitcoin from the money we have. Of course, if you are not a whale, many people cannot buy bitcoin if they have to buy at least 1 bitcoin. But it's not like that, we can have bitcoin based on our ability.
We only need to set aside money from our income, and that is if it covers our living expenses.
Yes you are right now Bitcoin is very expensive for us. But once upon a time Bitcoin price was very low and that was very Cheap for us. Now a days Bitcoin being very popular day by day and being expensive to us.
But it also true that now very expensive to us on the otherhand for wheals it not too expensive. When Bitcoin price will dump then may be it will cheap for us. And we are waiting for that.
The point is how much we intend to have bitcoin, because when we have money and intend to buy then do it, don't wait any longer, especially if there is a good opportunity.
Many things we have gone through and honestly many things we have missed. For example, if we knew bitcoin since its inception, then we would have financial freedom now, but there is no need to regret it, because there is always an opportunity.
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Yes, you are right, they may not understand so they think bitcoin is expensive. Because we can buy any amount of bitcoin from the money we have. Of course, if you are not a whale, many people cannot buy bitcoin if they have to buy at least 1 bitcoin. But it's not like that, we can have bitcoin based on our ability.
We only need to set aside money from our income, and that is if it covers our living expenses.
Yes you are right now Bitcoin is very expensive for us. But once upon a time Bitcoin price was very low and that was very Cheap for us. Now a days Bitcoin being very popular day by day and being expensive to us.
But it also true that now very expensive to us on the otherhand for wheals it not too expensive. When Bitcoin price will dump then may be it will cheap for us. And we are waiting for that.
The point is how much we intend to have bitcoin, because when we have money and intend to buy then do it, don't wait any longer, especially if there is a good opportunity.
Many things we have gone through and honestly many things we have missed. For example, if we knew bitcoin since its inception, then we would have financial freedom now, but there is no need to regret it, because there is always an opportunity.
Bitcoin is already too expensive and those who neglect to invest in Bitcoin from here on out will only regret it in the future. Bitcoin is not just a payment method, it is an asset that those who can hold it will enjoy many benefits in the future. Those who have been holding Bitcoin since the launch of Bitcoin are already enjoying many great benefits. As time goes by, the attraction towards Bitcoin will increase, but since there is a limited supply of Bitcoin, the price of Bitcoin will never decrease, only increase. So Bitcoin is definitely expensive for us and it will be even more expensive in the future.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
That's true because investment can only be done if we can first fulfill the basic needs of our family and of course ourselves. And the funds for investment actually have to be funds that are cool enough so that we will not be disturbed mentally when the market moves in volatility. And investing must also be prepared for the risks. So cold money must be used. So yes, investment is important, but basic needs are more important and must be met first.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
That's true because investment can only be done if we can first fulfill the basic needs of our family and of course ourselves. And the funds for investment actually have to be funds that are cool enough so that we will not be disturbed mentally when the market moves in volatility. And investing must also be prepared for the risks. So cold money must be used. So yes, investment is important, but basic needs are more important and must be met first.
It should be noted that in today’s world people tend to consider investment as some current financial burden, while it is possible only when some basic postulates have been fulfilled. They also insisted that not everyone is at the same level, money saved cannot be categorised as left behind if she has not saved for events not exigent. However, pressure can be articulated in cases where the funds used should still be required to be used in daily use. The market opportunities does exist but it doesn’t know when to give one results. Therefore, before heading that way, the most fundamental requirements must be set indeed not to worry when the value decreases and not to hurry when the price increases.
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The point is how much we intend to have bitcoin, because when we have money and intend to buy then do it, don't wait any longer, especially if there is a good opportunity.
Many things we have gone through and honestly many things we have missed. For example, if we knew bitcoin since its inception, then we would have financial freedom now, but there is no need to regret it, because there is always an opportunity.
Bitcoin is already too expensive and those who neglect to invest in Bitcoin from here on out will only regret it in the future. Bitcoin is not just a payment method, it is an asset that those who can hold it will enjoy many benefits in the future. Those who have been holding Bitcoin since the launch of Bitcoin are already enjoying many great benefits. As time goes by, the attraction towards Bitcoin will increase, but since there is a limited supply of Bitcoin, the price of Bitcoin will never decrease, only increase. So Bitcoin is definitely expensive for us and it will be even more expensive in the future.
Regret is definitely there, but it will not change the situation, so as I said before we should not regret it continuously, because it will not make us be in the past when we were "easy" to get bitcoin.
Instead we have to take advantage of every opportunity that exists, moreover the opportunity will always be there, and we even have other options where we have altcoins to be used which are also cheaper in price.
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Regret is definitely there, but it will not change the situation, so as I said before we should not regret it continuously, because it will not make us be in the past when we were "easy" to get bitcoin.
Instead we have to take advantage of every opportunity that exists, moreover the opportunity will always be there, and we even have other options where we have altcoins to be used which are also cheaper in price.
If you dwell on regret for too much time, you just miss more and miss more. I guess that the world of cryptocurrencies is somewhat in constant development and transition and you don’t have to permanently possess any particular option. There are several things that almost everybody knows about this virtual currency, but the fact that it is high now does not mean that you do not have other choices. There are many items that are capable of growing in the long-term if only people employ hard work and time to it. People do not always get chances in the same way, but if you do not close the door for them and do not stay angry thinking about what happened before, you can participate in the development processes. It is not necessary to be the pioneer, just be the one who is able to continue when others are out of energy.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
That's true because investment can only be done if we can first fulfill the basic needs of our family and of course ourselves. And the funds for investment actually have to be funds that are cool enough so that we will not be disturbed mentally when the market moves in volatility. And investing must also be prepared for the risks. So cold money must be used. So yes, investment is important, but basic needs are more important and must be met first.
Whatever we want to invest, we must believe that the funds we use are those that are available and not for daily needs.
Because every investment will have a risk of losing the funds we invest, so it is important for us not to be afraid of that, so it is very important to use unused funds for daily needs.
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Whatever we want to invest, we must believe that the funds we use are those that are available and not for daily needs.
Because every investment will have a risk of losing the funds we invest, so it is important for us not to be afraid of that, so it is very important to use unused funds for daily needs.
It is indeed very appropriate if we only use the funds which have been earmarked for investment. Thus, it is possible to minimise the tension or the fear that may be experienced when the value of the investment shrinks. If the money funds employed are not use for meeting fundamental needs, then one is capable of taking more well thought out measures without detriment. This leaves us in a position to mitigate risk better because we have taken a position mentally and financially for any possible outcome. Such a strategy will enable one to remain financially sound, for a long-term perspective of investment objectives to be effective.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
That's true because investment can only be done if we can first fulfill the basic needs of our family and of course ourselves. And the funds for investment actually have to be funds that are cool enough so that we will not be disturbed mentally when the market moves in volatility. And investing must also be prepared for the risks. So cold money must be used. So yes, investment is important, but basic needs are more important and must be met first.
Whatever we want to invest, we must believe that the funds we use are those that are available and not for daily needs.
Because every investment will have a risk of losing the funds we invest, so it is important for us not to be afraid of that, so it is very important to use unused funds for daily needs.
Yes, that's right. And that's what I mean too. Because if we use funds that are actually needed for daily needs, it will only make us uneasy about the investments we make. and can result in selling even though you are in a loss position. But if the money we use is really money that won't be used in the near future then that can make us calm when using it for investment.
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I agree that investing is good when we can sustain the steady flow of funds toward it, as well as not to convert the funds in the process into the fiat because we have a need to do so.
That way - it may help a person in the long run, that's why we need to think about it carefully and use the funds that we won't need here and now.
It's good to talk about investments when you don't think about force majeure circumstances. And they can come at the most inopportune time for this. Well, how can you not use investment money if your main income is not enough? There is no other choice. How nice it is when you can calmly put money aside in life and not worry about anything. But alas, everything happens differently and we have no power over it.
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I agree that investing is good when we can sustain the steady flow of funds toward it, as well as not to convert the funds in the process into the fiat because we have a need to do so.
That way - it may help a person in the long run, that's why we need to think about it carefully and use the funds that we won't need here and now.
It's good to talk about investments when you don't think about force majeure circumstances. And they can come at the most inopportune time for this. Well, how can you not use investment money if your main income is not enough? There is no other choice. How nice it is when you can calmly put money aside in life and not worry about anything. But alas, everything happens differently and we have no power over it.
It is indeed highly recommended to invest using funds that are not used, so as to avoid that our investment will be used because the main income is not enough as you said, of course in the end the investment must be released and it is very bad especially when the price is falling.
There is no other word, every investment we make is because we have extra funds and has nothing to do with daily needs so it will be safe to make the investment.
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It is indeed highly recommended to invest using funds that are not used, so as to avoid that our investment will be used because the main income is not enough as you said, of course in the end the investment must be released and it is very bad especially when the price is falling.
There is no other word, every investment we make is because we have extra funds and has nothing to do with daily needs so it will be safe to make the investment.
It is good advice to keep the money for investments and the money for the everyday needs as separate. That way ,you’ll not be stressed when the investment that you made does not yield the expected fruits especially when the market is flooding in the opposite direction. As it is not active in your everyday life you are able to have more control of the money you invest without having to worry about pressure in case the money is from your day to day activities. That is why the use of only reserve funds for investments also prevents the main money from being more exposed to loss, even though it may not bring lucrative outcomes in some cases. It is a good way to deal with risk without undermining more paramount life imperative that need to be met.
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I agree that investing is good when we can sustain the steady flow of funds toward it, as well as not to convert the funds in the process into the fiat because we have a need to do so.
That way - it may help a person in the long run, that's why we need to think about it carefully and use the funds that we won't need here and now.
It's good to talk about investments when you don't think about force majeure circumstances. And they can come at the most inopportune time for this. Well, how can you not use investment money if your main income is not enough? There is no other choice. How nice it is when you can calmly put money aside in life and not worry about anything. But alas, everything happens differently and we have no power over it.
If we are starting off our investment Journey. Invest in an emergency fund and Unit trusts are the best. Unit Trust is far better. It creates that cash availability.
"It’s more important to ensure survival under negative outcomes than it is to guarantee maximum returns under favorable ones."
So, crypto investment isn’t for everyone. Airdrop, Traders, DeFi all have different role to play.
As we interacting with protocols, taking trades and even farming Airdrop, see these as side gig take enough time to build personal brand, learn and connect. Investment in the upgrade skill is the best for everyone. IMO
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Regret is definitely there, but it will not change the situation, so as I said before we should not regret it continuously, because it will not make us be in the past when we were "easy" to get bitcoin.
Instead we have to take advantage of every opportunity that exists, moreover the opportunity will always be there, and we even have other options where we have altcoins to be used which are also cheaper in price.
If you dwell on regret for too much time, you just miss more and miss more. I guess that the world of cryptocurrencies is somewhat in constant development and transition and you don’t have to permanently possess any particular option. There are several things that almost everybody knows about this virtual currency, but the fact that it is high now does not mean that you do not have other choices. There are many items that are capable of growing in the long-term if only people employ hard work and time to it. People do not always get chances in the same way, but if you do not close the door for them and do not stay angry thinking about what happened before, you can participate in the development processes. It is not necessary to be the pioneer, just be the one who is able to continue when others are out of energy.
Well that's it, when we regret and linger in regret, then what happens is we will lose another opportunity, in other words we make the same mistake because of regret.
Let bygones be bygones, let it be a lesson that we can take wisdom from for the future. People who can be like that, I am sure will be better people in the future and will be better able to take advantage of the situation.
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Yes, that's right. And that's what I mean too. Because if we use funds that are actually needed for daily needs, it will only make us uneasy about the investments we make. and can result in selling even though you are in a loss position. But if the money we use is really money that won't be used in the near future then that can make us calm when using it for investment.
Using the money for main necessities for investment isn't a wise decision. We know that there is no guarantee for profits and we may need to hold for years to gain proper profits. So, the money used for investment should be free money, it means the money that we won't use for anything (especially for basic needs). There will be too big pressure if we use the money for basic needs because we are not ready to lose it. And we are probably also in hurry to take profits since we need to get back the money for the daily needs. This is unsafe, we need to avoid using that money.
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Using the money for main necessities for investment isn't a wise decision. We know that there is no guarantee for profits and we may need to hold for years to gain proper profits. So, the money used for investment should be free money, it means the money that we won't use for anything (especially for basic needs). There will be too big pressure if we use the money for basic needs because we are not ready to lose it. And we are probably also in hurry to take profits since we need to get back the money for the daily needs. This is unsafe, we need to avoid using that money.
In as much as we're promoting Bitcoin to our friends , family and colleagues, we must also educate them on basic investment plan, strategy, risk management and awareness. Alot of folks get into Bitcoin without proper investment planning.
Investing house, food and essentials needs funds into Bitcoin will also be a bad investment to me.
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Investing house, food and essentials needs funds into Bitcoin will also be a bad investment to me.
Not a bad choice, just not wise... because our main problem is spare money, as long as we can hold the need for a longer period, of course Bitcoin is not a bad choice... for example, our main needs are just a house, food, clothes and a vehicle... all of that does not need to be luxurious, as long as it can run and can be used well... if it is too luxurious, then I can say selling it and downgrading to buy BTC is not a bad choice...
https://news.bitcoin.com/this-man-sold-his-house-for-bitcoin-in-2017-now-he-can-buy-25-homes/
Someone even dared to sell his house for 100 BTC... and now he can buy his house again with only 4 BTC... his decision was very brave, and I am sure many people consider it unwise because he took too big a risk... the important point is that it is not money from debt... so when something bad happens, he does not have to pay any bills, but he loses his house.
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Yes, we must be able to distinguish between what we should prioritize and what we can postpone if the situation does not allow. Of course, we must fulfill our living needs first, especially if we already have a family which is our responsibility.
After everything is fulfilled, then we can start setting aside money to invest, because the peace of investing occurs when we can fulfill our living needs.
That's true because investment can only be done if we can first fulfill the basic needs of our family and of course ourselves. And the funds for investment actually have to be funds that are cool enough so that we will not be disturbed mentally when the market moves in volatility. And investing must also be prepared for the risks. So cold money must be used. So yes, investment is important, but basic needs are more important and must be met first.
Whatever we want to invest, we must believe that the funds we use are those that are available and not for daily needs.
Because every investment will have a risk of losing the funds we invest, so it is important for us not to be afraid of that, so it is very important to use unused funds for daily needs.
That's right, we should not invest in an opportunity that the fund we use will affect the allocation. It's just right that the capital we use for investment is really allocated for investment. All the uses of our money should be organized.
Proper management is really needed when talking about money. So if we invest in bitcoin even if it's just a small sum at least we do dca for it.
It's not mandatory that we buy 1 bitcoin to have bitcoin. That's why this is one of the beauties of bitcoin.
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That's right, we should not invest in an opportunity that the fund we use will affect the allocation. It's just right that the capital we use for investment is really allocated for investment. All the uses of our money should be organized.
Proper management is really needed when talking about money. So if we invest in bitcoin even if it's just a small sum at least we do dca for it.
It's not mandatory that we buy 1 bitcoin to have bitcoin. That's why this is one of the beauties of bitcoin.
That is why the decision on investments should always meet our financial capacities, that is, the available funds. It is not wrong to start with a small quantity many especially if the asset being bought can be bought in parts, such as bitcoins. This makes it easy for most people to take a part in the crypto market without needing to have more money. By so doing, we are able to minimise the effects of short term value shocks since the investment is always made on fixed amounts. Though, what is of more importance is the aspect f finance, more so to ensure that funds used for investment do not hinder day to day activities. Thus, we are still able to avoid such risks in our monetary affairs as much as possible.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
I don't think it's expensive. Do you think if the price keeps surging, it will never be cheap so if you wait for more years, you will never be able to see a cheaper price below $80k, and it might stay in the $100k zone?
If your monthly salary wasn't enough because of expenses, that is not the reason why Bitcoin is expensive; the reason is you don't have a budget to buy Bitcoin.
Why not look for extras like joining campaigns or bounties, or you can join in some contests like price prediction and get rewarded? There are many out there, so don't lose hope.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
I don’t blame you for being worried about your finances, it is not easy to spend your money on assets such as Bitcoin. However, it needs to be noted that it is possible to begin investing without much capital at all. A lot of folks begin with little, some can be just a fraction of the income and gradually gradually build their portfolio. This can be more comfortable and practical to enter the crypto market, without having to compromise on the core needs in life. Small measures such as these are indeed very basic yet are good tips for those who wish to know how to begin investing.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
- I understand you on that matter mate and you are not alone where for sure many communities are in that situation. Particularly for those who are just relaying their regular jobs where the salary is not yet there but there is an amount that we will be paid once we get our salaries.
But at least you are able to insert it into cryptocurrency because honestly it is not easy to do for someone who is employed while working part-time in bitcoin or cryptocurrency.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
- I understand you on that matter mate and you are not alone where for sure many communities are in that situation. Particularly for those who are just relaying their regular jobs where the salary is not yet there but there is an amount that we will be paid once we get our salaries.
But at least you are able to insert it into cryptocurrency because honestly it is not easy to do for someone who is employed while working part-time in bitcoin or cryptocurrency.
It is better if our income is only enough to meet our living needs, don't force it to invest. We can participate in airdrops and bunty cmpaign to get additional income that we can use for investment.
I also have a business in the real world, but for investment I use income and profits from the crypto world, because I will not bring real world income to invest in crypto.
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It is better if our income is only enough to meet our living needs, don't force it to invest. We can participate in airdrops and bunty cmpaign to get additional income that we can use for investment.
I also have a business in the real world, but for investment I use income and profits from the crypto world, because I will not bring real world income to invest in crypto.
We only invest when we have excessive money. If we only have enough money for daily necessities, it is better to use the money for the basic necessities firstly. Sure, we can try to get the money for investment through bounty or airdrop programs. There are many of them in the forum, so we can try our luck. However, we don't choose random bounty/airdrops. We need to do analysis, choose the most convincing one only.
Anyway, having a job in real life is a must. We don't rely on the job in the forum only, or the job from crypto only. Sure, the income from the job in real life, should be better to use for basic necessities.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
You won't be airing how you can't afford to investing in Bitcoin if you aren't enthusiastic about investing it so I'll assume you seriously want to invest in Bitcoin but us limited by lack of funds to invest. Using the global population, a recent study shows that our of every 160-200 people in the world, only 1 person is a Bitcoiner so you're lucky you're among the one of every 160 people.
The value of Bitcoin have significantly risen over the years so it's very expensive to buy one Bitcoin now but there are satoshis —the smallest unit of Bitcoin, it's very affordable so you don't have to wait till when you have enough to by one Bitcoin, Millibit, Microbit when you can afford Satoshis.
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Bitcoin is definitely expensive for me, especially since I have no other source of income, so it's impossible for me to budget for Bitcoin. After paying my monthly salary and paying my family and personal expenses, I have nothing left to invest in Bitcoin. So Bitcoin has become expensive for me.
I think many people also experience the same thing as you, including me, of course, because it must be admitted that the price of bitcoin is already very high, and it is not easy to get one. But there are schemes available and many are done, one of which is with DCA and you can set aside whatever you can and buy and collect it for a long period of time or buy altcoins and, after collecting a lot, then transfer it to bitcoin.