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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 27508 times)

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Re: Is Bitcoin Too Expensive For Me?
« Reply #120 on: February 29, 2024, 10:23:18 AM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #120 on: February 29, 2024, 10:23:18 AM »

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Re: Is Bitcoin Too Expensive For Me?
« Reply #121 on: February 29, 2024, 11:01:53 AM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #122 on: February 29, 2024, 01:42:54 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #123 on: February 29, 2024, 03:14:31 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #124 on: February 29, 2024, 03:27:36 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #125 on: February 29, 2024, 03:59:08 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #126 on: February 29, 2024, 04:49:44 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #126 on: February 29, 2024, 04:49:44 PM »


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Re: Is Bitcoin Too Expensive For Me?
« Reply #127 on: February 29, 2024, 05:24:56 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #128 on: February 29, 2024, 05:42:18 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #129 on: February 29, 2024, 07:04:39 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #130 on: February 29, 2024, 08:10:21 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #131 on: February 29, 2024, 08:41:46 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #132 on: February 29, 2024, 08:48:15 PM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #133 on: March 01, 2024, 08:37:28 AM »
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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Re: Is Bitcoin Too Expensive For Me?
« Reply #134 on: March 01, 2024, 09:07:45 AM »
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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