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Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: December 17, 2023, 10:24:56 AM »Greetings to everyone.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.
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?.