Is Bitcoin Too Expensive For Me?

[Gposas]

To me, altcoins tends to be more profitable because you are likely to buy more. Now for instance, u purchase an altcoin worth $100, you are likely to have more of the coin reading from thousands to millions, regarding how the price of the coin is and an increase in price will likely increase ur profit level. Buh an $100 worth of BTC is a very little fraction of it.
But all you need to know is this, investment is a risk, so always risk as much as you can afford to lose. Get enough details on any coin you want to invest on. Even BTC and always follow up updates on market trends.

[yohananaomi]

To me, altcoins tends to be more profitable because you are likely to buy more. Now for instance, u purchase an altcoin worth $100, you are likely to have more of the coin reading from thousands to millions, regarding how the price of the coin is and an increase in price will likely increase ur profit level. Buh an $100 worth of BTC is a very little fraction of it.
But all you need to know is this, investment is a risk, so always risk as much as you can afford to lose. Get enough details on any coin you want to invest on. Even BTC and always follow up updates on market trends.

Agree with you, because the price of bitcoin is already high, it will be difficult to be able to buy in units compared to potential altcoins, it is likely that you will be able to buy in units and can be more.
So when bitcoin increases, altcoins also follow and the opportunity to make a profit will be just as much or maybe even more than when holding bitcoin.
Wherever we invest, there is always a risk, especially with crypto, which is difficult to predict well.
But we also have to know that crypto has a repetitive nature, and it always happened in the past, so don't hesitate to invest in crypto, because when the time comes to increase, it can always happen.

[0t3p0t]

To me, altcoins tends to be more profitable because you are likely to buy more. Now for instance, u purchase an altcoin worth $100, you are likely to have more of the coin reading from thousands to millions, regarding how the price of the coin is and an increase in price will likely increase ur profit level. Buh an $100 worth of BTC is a very little fraction of it.
But all you need to know is this, investment is a risk, so always risk as much as you can afford to lose. Get enough details on any coin you want to invest on. Even BTC and always follow up updates on market trends.

Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.

[JunaidAzizi]

Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.

It depends on your risk tolerance and your understanding of investments and the market. Users sometimes can't decide which will be the best choice for them. At one moment, they select altcoins because of the low price and high potential profits, and at other times, they choose Bitcoin for its stability. Users need to first make up their minds about their market understanding and then take a step. Bitcoin is a stable cryptocurrency with low volatility, but it also has a high price, which can be difficult to manage. On the other hand, the price of altcoins is lower, but they carry a high risk because they are not stable. For example, Bitcoin can show more volatility, which can lead to either high profits or significant losses. Therefore, it is good to understand the market first and utilize your experience and knowledge.

[nakamura12]

It depends on your risk tolerance and your understanding of investments and the market. Users sometimes can't decide which will be the best choice for them. At one moment, they select altcoins because of the low price and high potential profits, and at other times, they choose Bitcoin for its stability. Users need to first make up their minds about their market understanding and then take a step. Bitcoin is a stable cryptocurrency with low volatility, but it also has a high price, which can be difficult to manage. On the other hand, the price of altcoins is lower, but they carry a high risk because they are not stable. For example, Bitcoin can show more volatility, which can lead to either high profits or significant losses. Therefore, it is good to understand the market first and utilize your experience and knowledge.

That's what many people especially newbies didn't see about bitcoin that's they buy altcoins. Buying crypto doesn't have to be a whole crypto like bitcoin for example where you shouldn't buy a whole bitcoin if you don't have the money to buy 1 bitcoin. What to do in this situation is to buy small amount or small portion of the crypto that you decided to buy. Let's say I want to buy bitcoin then I should start making a plan on how much money I should spend to buy bitcoin. Anyway, I still heard or read somewhere that they didn't know about cryptocurrency like the smaller amount of bitcoin called satoshi.

[UNIVERSE]

Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.

Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.

[doc]

Yeah exactly but both Bitcoin and Altcoins are risky investment as we all know that both are volatile though Bitcoin wins when it comes to support and adoption but Altcoins are cheaper and you can buy as many as you can unlike Bitcoin that most of us can only afford a portion.

Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.
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Every coin has risks and its price always fluctuates, you are right. I agree with you. That's why we have to buy at the right time and hold it so that the price rises and we can sell it.
buy bitcoin or altcoin according to our abilities, because crypto offers many choices for buying.te]

[Jamal Aezaz]

Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.

Everything is risky but people don't understand this until he faces the reality and I think in the case of Bitcoin investment people make the journey stressful for themselves by reducing patience and panic after facing unfavorable price fluctuations in the market.

It is not compulsory to buy the whole Bitcoin but if you are using less amount for buying Bitcoin then you will be Bitcoin Investor and I will say that becoming a Bitcoin investor is easy but getting success to become a successful investor is not easy.

Those who already have some Bitcoin will feel happy as those days have gone when there was a huge dump in worth and now bitcoin is in a pumping position where everyone is holding Bitcoin with patience and have a dream of experiencing their target to sell Bitcoin at a higher rate.

[dekafee79]

Agree. Both Bitcoin and Altcoins have the risks, there is no crypto coin to have no risk. Even we are holding stablecoins, the price also can fluctuate. Moreover if there is bad issue related to the stablecoins. That's why we must be very careful to manage Bitcoin investment. The price of Bitcoin is surely higher but we can buy Bitcoin with a small number of Bitcoin. So we can use the money that we can afford to lose, we shouldn't force ourselves to buy 1 Bitcoin.

Everything is risky but people don't understand this until he faces the reality and I think in the case of Bitcoin investment people make the journey stressful for themselves by reducing patience and panic after facing unfavorable price fluctuations in the market.

It is not compulsory to buy the whole Bitcoin but if you are using less amount for buying Bitcoin then you will be Bitcoin Investor and I will say that becoming a Bitcoin investor is easy but getting success to become a successful investor is not easy.

Those who already have some Bitcoin will feel happy as those days have gone when there was a huge dump in worth and now bitcoin is in a pumping position where everyone is holding Bitcoin with patience and have a dream of experiencing their target to sell Bitcoin at a higher rate.

Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.

[alltalk]

Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.

Some Bitcoin holders who bought in bearish season, they may already take profits when they price was above $70k. But most of them must continue to hold because we have the same target, most people want to take profits in $100k. People who already invested in crypto for few years, shouldn't feel panic because it is already happening many times. The correction is normal, it will increase again in the future. We are very sure that the peak of crypto prices will be in the next year (2025).

[Dr.Bitcoin_Strange]

A lot of people who are new in Bitcoin investment always get confused in this, they think Bitcoin is too expensive to accumulate and since is too expensive is better they forget about investing on it, but is not true one can accumulate as small small ones money can carry because is been divided into small units or portion so it can be easier for people to invest.
You can buy Bitcoin worth 1 dollar or even lower than 1 dollar that is why you see people using the DCA strategy in Bitcoin investment, one can start accumulating little by little using the DCA strategy and before you know it you have accumulated enough Bitcoin all it will take is time but as long as you continue without relenting you will make it big, that is why it is always advised to be patient when it comes to bitcoin investment.

Bitcoin investment is not too big to stop anyone from getting involved and that is why I always see it as one of the best investment in the world right now, other investment you need to have a particular amount of money before you can start but is not so in Bitcoin investment you can start with the little that you have and then grow from there, I no of someone that started his Bitcoin investment being a poor man but today he has accumulated a lot of people and has used it to become successful in life.

[summonerrk]

Bitcoin holders who buy bitcoin when it is bearish certainly prefer to see the current price, I don't think they experience panic when the market experiences a correction because they buy at a low price. Bitcoin will always be a priority coin for investment, this has been going on for a long time and people always think bitcoin is the safest coin to hold.

Some Bitcoin holders who bought in bearish season, they may already take profits when they price was above $70k. But most of them must continue to hold because we have the same target, most people want to take profits in $100k. People who already invested in crypto for few years, shouldn't feel panic because it is already happening many times. The correction is normal, it will increase again in the future. We are very sure that the peak of crypto prices will be in the next year (2025).

Such a correction may not be a correction, but a strong downward movement of the Bitcoin scene. I agree with those who claim that the price will reach 100k, but it seems to me that this is necessary for weak market participants to come out on a strong correction, which will reach 40k. And then for these market participants to buy again when the price is above 70k. This will create a panic buy, which will lead to growth to 100k.

[Muneeb22]

Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.

[alltalk]

Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.

Bitcoin may be a bit expensive now, but you doesn't need to buy 1 BTC if you have no enough money. You can buy Bitcoin even if you only have $50. Do DCA, it is a good strategy if we have limited funds to buy Bitcoin. 

Yep, Bitcoin is our future if we invest in Bitcoin. The price of Bitcoin keep increasing, you can check the price history of Bitcoin. The ATH of Bitcoin is below $70k in the last bullrun season (2021), now the current ATH is $73,750 (check CMC data). By the way, I'm not sure if Bitcoin can reach $200,000 as you said above. lets' see if Bitcoin really cross $100,000 first before we assume it may reach $200,000.

[yohananaomi]

Bitcoin is expensive but this is the future of the world and this time in this market so many peoples will invest and they hold th coins becasue they know that soon it will go high and the BTC will touches minimum $200,000 soon and buying this time is the BTC and just hold that for good future.

Everyone also wants bitcoin will be able to reach its highest price when the increase season, because many have invested for a long time or new ones are waiting for that opportunity, and maybe it will happen next year according to the period. But whether it will really be able to reach as you said at $ 200K, of course no one can make predictions accurately, the most important thing is what the price will be at the end of this year, because it might contribute to the following year.
You are right. Currently bitcoin is indeed very expensive and this is indeed the future for the development of the crypto world. In the future. We will wait for that.