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Would you rather invest $2500 in 0.04 BTC or 1 altcoin of the same value?

I would rather invest in 0.04 BTC.
I would rather invest in 1 altcoin of the same value.
I would rather spend that amount on something else.

Author Topic: Is Bitcoin price a deciding factor for new/old investors?  (Read 5748 times)

Offline MRY

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Re: Is Bitcoin price a deciding factor for new/old investors?
« Reply #90 on: October 13, 2024, 08:55:43 AM »

Exactly, As you know when the price of Bitcoin was still cheap and first appeared not everyone could buy Bitcoin easily. Only a few people knew about Bitcoin and could buy according to their wishes. Until finally when the price started to rise above $100, many people started trying to buy Bitcoin. Honestly, I also regret not buying at a cheap price, but there is no point in regretting what has happened. It is better to make it a lesson so that it does not happen again in the future.
Many regret not buying at that time, but all that has passed and the moment when they realized the price of bitcoin was getting higher. And many have done mining at that time, actually we can do it too, by buying equipment to do mining. As I recall we can get free bitcoin from faucets and or buy personally from people who already have it. But forget that bitter story, because there is no point in regretting., We can still seek profit by trading in crypto today.
Indeed, very typical and when you fail to invest in bitcoins, seeing its price soar high, a common thing is to regret. But again, these are things that one cannot control and as such it is best to look at what is available today. If mining becomes too cumbersome because of investment in hardware and power, then people can turn to trading in an effort to get profit. That is why, armed with the right information and the ability to read trends in the market, trading lets us turn benefits from the cyclical nature of prices to our advantage. However, gaining extended insights to the analysis of the market and prices also creates the means to generate better long-term profits. It is pointless to regret the lost opportunities, it is still possible to carry on learning more about how to make good of the opportunities that are available in the world of cryptocurrencies today.

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Re: Is Bitcoin price a deciding factor for new/old investors?
« Reply #90 on: October 13, 2024, 08:55:43 AM »

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Offline Azharul

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Re: Is Bitcoin price a deciding factor for new/old investors?
« Reply #91 on: October 15, 2024, 03:52:14 AM »
I have personally met people who, in this kind of calculation, choose what seems to them (at least numerically) more, and thus give up investing in Bitcoin. Numbers can sometimes be a very confusing factor, but sometimes less is actually more and better.
Unfortunately I did exactly the same thing when I heard about bitcoin for the first time, sometimes back in late 2013.

I knew too little  about bitcoin (and also thought its way too expensive and that I am too late) back then to spend ~1k on buying 1 whole one so instead I spent few hundreds of dollars on shitcoins and probably many made the same mistake I did.
Same thing happened to me. I thought I was too late to buy bitcoins at the time of 2019. if I bought bitcoins at that time it was expensive. At the time a bitcoin was worth a little over $6,000. I switched to altcoins instead of buying Bitcoin which was the biggest mistake of my life. If I could have bought a fraction of the bitcoins at that time it would have been very profitable for me today. A small fraction of bitcoins today will be a reason of regret a few years later. Such situations have been seen in the past and will be seen in the future too but those who are smart and take risks will always be able to profit.
I think that you could be created an excellent comment in this post. I also believe that bitcoin price is deciding factor for all investors. If we follow in 2017-2018, we can see that bitcoin price is remain in $6000. Then many investors could hold bitcoin, which will be best profitable for them. We also know that in this time bitcoin price is $62000. I also saw that in this time many investors also invest there profit in bitcoin. Because they believe that it will be best profitable for them. So i believe that within a short time, we can see that bitcoin price will hit $85000. So it will be best opportunity for all investors.
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Re: Is Bitcoin price a deciding factor for new/old investors?
« Reply #91 on: October 15, 2024, 03:52:14 AM »

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Offline MRY

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Re: Is Bitcoin price a deciding factor for new/old investors?
« Reply #92 on: October 27, 2024, 01:09:01 PM »
I think that you could be created an excellent comment in this post. I also believe that bitcoin price is deciding factor for all investors. If we follow in 2017-2018, we can see that bitcoin price is remain in $6000. Then many investors could hold bitcoin, which will be best profitable for them. We also know that in this time bitcoin price is $62000. I also saw that in this time many investors also invest there profit in bitcoin. Because they believe that it will be best profitable for them. So i believe that within a short time, we can see that bitcoin price will hit $85000. So it will be best opportunity for all investors.
Bitcoin price fluctuations are indeed the primary benchmark and presently with the value rising even higher, many are now seeking to achieve long-term returns. Examining the annual trends in the price, one can see why many people still pinned high and increasing investment in Bitcoin believing that it will again spike to a new all-time high soon. This can obviously be a good opportunity for everyone of us who wish to invest with promising profit outlooks.

Offline 21Pilots

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Re: Is Bitcoin price a deciding factor for new/old investors?
« Reply #93 on: October 28, 2024, 06:21:13 AM »
I think that you could be created an excellent comment in this post. I also believe that bitcoin price is deciding factor for all investors. If we follow in 2017-2018, we can see that bitcoin price is remain in $6000. Then many investors could hold bitcoin, which will be best profitable for them. We also know that in this time bitcoin price is $62000. I also saw that in this time many investors also invest there profit in bitcoin. Because they believe that it will be best profitable for them. So i believe that within a short time, we can see that bitcoin price will hit $85000. So it will be best opportunity for all investors.
Bitcoin price fluctuations are indeed the primary benchmark and presently with the value rising even higher, many are now seeking to achieve long-term returns. Examining the annual trends in the price, one can see why many people still pinned high and increasing investment in Bitcoin believing that it will again spike to a new all-time high soon. This can obviously be a good opportunity for everyone of us who wish to invest with promising profit outlooks.
Bitcoin’s weekly price predictions based on actual historical changes seem to be quite attractive for long-term investment. If we look at the annual trend investors are convinced that Bitcoin can only go higher is continued to be used to invest. This is a wonderful chance for all of us who expect to see an increase in asset values in the future.

 

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