Is Bitcoin Too Expensive For Me?

[alltalk]

whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.

If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.

[SmartGold01]

whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.

If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.

Yes you right.. This is a Golden opportunity we have for the market to accumulate more through DCA since the market is sharply low, I think the market already dropped to $52k or 48k thereabout few days ago but quickly bounces back to 50k correct me if wrong. During that point someone could enter the market to make swift gain or for like a trader who is looking for good entry point could utilized that point.

+1 for you.

[Dr.Bitcoin_Strange]

whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.

If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.

Bitcoin is one of the best investment in the world right now and the best crypto coin in the world, and is a very good investment, there are people that only invest when there's a dip, which is not a good one I'm not saying you should not invest or buy Bitcoin when there's a dip but don't do it as routine, one can use the DCA strategy and keep accumulating and when there's a dip you can accumulate more, if you only wait for a dip to come before you invest what if a dip never comes for a long time, so is good to keep accumulating even when there's no dip using the DCA strategy.
Some people are waiting for Bitcoin to drop to $40k before they can start there accumulation, well I don't think Bitcoin will drop to $40k and for those that are waiting for that I think you should remove your mind from that and start your accumulation journey waiting for a particular amount in dip will not do you any good you may wait in vain.

Using the DCA strategy is the best in Bitcoin investment, waiting for a dip may lead you to wait in vain, those that are consistent in there accumulation not minding if there's a dip or not accumulate more than those always waiting for a dip before they can invest.
Now if you are wanting for a dip it may take months or years before a dip can happen and that person that has been consistent in his or her Bitcoin accumulation will still buy in the dip when it comes there by making him accumulate more, so don't wait for the dip start accumulating and be consistent and patience.

[SmartGold01]

whenever the chance is there they should buy without waiting for any significant drop although DCA could also go along way but waiting for a specific drop would be met. Any chance that comes when bitcoin dropped you need to buy without waiting for further with this they could be able to accumulate more.

If we look at the current condition in the market, we are already experiencing significant drop. It is quite confusing if there are people who still wait for a more significant drop. I'm very sure Bitcoin is quite difficult to drop to $40k, $49k was a very cheap price. Even the current price is still below $55k, I think it is still very cheap price for Bitcoin. It is no problem to use DCA, this is also good way to optimize the chance in accumulating Bitcoin. But if I have enough funds, I will choose at least 70% to buy Bitcoin as long as the price still below $55k. I assume this is a rare chance to buy Bitcoin at this rate.

Using the DCA strategy is the best in Bitcoin investment, waiting for a dip may lead you to wait in vain, those that are consistent in there accumulation not minding if there's a dip or not accumulate more than those always waiting for a dip before they can invest.
Now if you are wanting for a dip it may take months or years before a dip can happen and that person that has been consistent in his or her Bitcoin accumulation will still buy in the dip when it comes there by making him accumulate more, so don't wait for the dip start accumulating and be consistent and patience.

Anyone waiting for the dip may not secure good portion of bitcoin in their portfolio because they could missed the good opportunities that are there. Besides I don't think bitcoin could go below more than this current price, or since the previous price was $73k it would drop half of 50 percent being 37k plus and there is every it could likely happened, so DCA'ing could be the right thing to do while waiting for the price drop.

[NikeFit_7777]

#BTC = $62,000

Imagine, you just stepped away from the monitor for a week and just didn't see this Monday, has anything changed for you? BTC is up +13% for the day, I honestly can't remember the last time that happened, but the "risk on" mode has apparently kicked in.

I'm guessing another correction is coming now, most likely over $60,000. It will take another trap for the FOMO bros to fly in. They were taken out on Monday, they didn't buy, they bought now on the green.

They'll be cleaned up again with a $60,000 hike to start, and then the real rally will begin closer to fall, somehow.

[smartaction]

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?.

Bitcoin is a valuable asset and it is becoming more expensive day by day and will be more expensive in the future.  I think very few people can afford to buy a whole bitcoin.  So everyone invests an amount of Bitcoin according to their ability and continues to invest regularly following the DCA method.  So you can invest any amount of Bitcoin as per your ability.  And definitely try to hold those bitcoins for the long term.  Because when you regularly invest in Bitcoin as per your ability it will be savings for you on one hand and on the other hand you will get huge returns from it due to increasing price of Bitcoin.

[$crypto$]

Anyone waiting for the dip may not secure good portion of bitcoin in their portfolio because they could missed the good opportunities that are there. Besides I don't think bitcoin could go below more than this current price, or since the previous price was $73k it would drop half of 50 percent being 37k plus and there is every it could likely happened, so DCA'ing could be the right thing to do while waiting for the price drop.

We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.

In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.

[SmartGold01]

Anyone waiting for the dip may not secure good portion of bitcoin in their portfolio because they could missed the good opportunities that are there. Besides I don't think bitcoin could go below more than this current price, or since the previous price was $73k it would drop half of 50 percent being 37k plus and there is every it could likely happened, so DCA'ing could be the right thing to do while waiting for the price drop.

We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.

In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.

At least people should be aware of possible things that could likely happened when going into Bitcoin investment or those who are already engaging themselves with DCA should be able to have it in mind that bitcoin is so volatile that they could lose their investment at anytime.

Investment isn't the problem rather the main issue is to accept the risk associated with it because at any moment one could lose heavily if not already accepted the risk associated to it.

[Mr. Magkaisa]

        -      Literally speaking, because at its current price of $60,000 or something, it is really expensive if we buy a bitcoin. But if we save it little by little for a year and every Sunday you buy just once a week, then let's assume the minimum is 10 dollars, for sure in 1 year. That's a big value.

So the majority of our communities today are actually using DCA, making it one of the best and most effective methods if you are holding top altcoins, especially for the upcoming bull run.

[doc]

        -      Literally speaking, because at its current price of $60,000 or something, it is really expensive if we buy a bitcoin. But if we save it little by little for a year and every Sunday you buy just once a week, then let's assume the minimum is 10 dollars, for sure in 1 year. That's a big value.

So the majority of our communities today are actually using DCA, making it one of the best and most effective methods if you are holding top altcoins, especially for the upcoming bull run.

It seems that when the price of bitcoin starts to go high, we should not use DCA but always monitor the market when a correction occurs when we buy. This is just a suggestion, because currently I do that. Setting up USD and waiting for the market to experience a correction and buying potential coins which I am sure will increase in price.

[Jamal Aezaz]

We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.

In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.

People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but  believe new investment opportunity is not easy at first.

Learning is very necessary because it helps in every difficulty and it acts as a light during unfavorable situations so if someone learns well then he will have an idea about the amount which has to be used for investment and also about other requirements which are compulsory for making profit.

[$crypto$]

We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.

In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.

People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but  believe new investment opportunity is not easy at first.

Learning is very necessary because it helps in every difficulty and it acts as a light during unfavorable situations so if someone learns well then he will have an idea about the amount which has to be used for investment and also about other requirements which are compulsory for making profit.

There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.

Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.

[UNIVERSE]

People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but  believe new investment opportunity is not easy at first.

If those people invest for a long term, they don't need to feel afraid. Unless they must take profits in a short time, they can enjoy the dump by buying more coins again. I think only new investors who are afraid with the current dump, it is because they just experience it. Experienced investors won't be afraid because they know it won't last a long time. After a big dump, there should be a big pump in the future. I am very sure that most of us won't be afraid with the current situation, we already experienced this dump many times.

[Gurujebs]

        -      Literally speaking, because at its current price of $60,000 or something, it is really expensive if we buy a bitcoin. But if we save it little by little for a year and every Sunday you buy just once a week, then let's assume the minimum is 10 dollars, for sure in 1 year. That's a big value.

So the majority of our communities today are actually using DCA, making it one of the best and most effective methods if you are holding top altcoins, especially for the upcoming bull run.

If I have money and I want to buy Bitcoin but see this price as expensive, I wouldn't suffer head myself that much. I will wait until when people that are fomo in the market start selling and buy from them, that's when you will get Bitcoin very cheap from the market. For the time, I will endure and be buying USDT on my wallet to avoid using the money for another thing.

The price is expected to dump but some how, they did their thing and now $60k is stable, something that on a regular day, they would have panic and let it down but they are trying to avoid panic of people in death cross but this is only temporary solution, the crash will come later.

[doc]

We just need courage and preparation to do that, because some people I see are not brave enough because they are afraid that the price of bitcoin will fall again, even though with the DCA strategy they can buy again when the price falls.

In addition, preparation is also very necessary, we must use money that is specifically for investing, because we must minimize the risk if something bad happens.

People are afraid due to the market dump because they did not make any profit before so first time investment makes them doubtful but as the time goes and they understand the market situations then they start to accumulate more but  believe new investment opportunity is not easy at first.

Learning is very necessary because it helps in every difficulty and it acts as a light during unfavorable situations so if someone learns well then he will have an idea about the amount which has to be used for investment and also about other requirements which are compulsory for making profit.

There are two possibilities that occur when the market is sluggish, the first is that the market is correcting and the second is that it is heading towards a bear market. And now almost everyone I see that the market will rise again, that means this is just a correction.

Of course, continuously increasing knowledge will make us better and as we go along we will also become more experienced. This is something that cannot be missed, because if we miss this then I am sure we will feel something unwanted.

I think the market is down because of the correction, maybe there will be a bear market but not now. Because everyone is waiting for the bullish season to come. The market is back up, starting with the increase in the price of bitcoin which will affect the increase in the price of altcoins, in my opinion we will soon see altcoins season. Hopefully