Is Bitcoin Too Expensive For Me?

[bayu7adi]

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.

[bitterguy28]

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.

[Litzki1990]

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.

[DAMKAR]

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.

[milewilda]

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.

[taufik123]

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.

[Jamal Aezaz]

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.

[alltalk]

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. 

[ajiz138]

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.

[dekafee79]

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.

[ajiz138]

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.,

[legend45]

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.

[ajiz138]

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.

[doc]

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.

[UNIVERSE]

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.