Is Bitcoin Too Expensive For Me?

[Gideon99]

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.

[Wiseman]

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.

[bitterguy28]

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.

[elbans89]

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.

[retreat]

-snip-

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.

[therozaq]

-snip-

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.

[Uruhara]

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.

[Wiseman]

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.

[elbans89]

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.

[bhadz]

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.

[MUGNIA]

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

[Wiseman]

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.

[DAMKAR]

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.

[JoyMarsha]

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.

[Primo1760]

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.