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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 83731 times)

Offline Jamal Aezaz

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Re: Is Bitcoin Too Expensive For Me?
« Reply #525 on: August 10, 2024, 09:41:52 PM »
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.

The market is not going to be bearish yet because if there was an initiation of the bearish phase then we will experience continuous reduction but currently we are experiencing more elevation in worth after a slight dump so it means that the bullish phase has yet to come.

If we are going as a successful trader or investor then it does not mean that we have no need to learn more but I think that the more you learn the more you will easily achieve your goals.
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Re: Is Bitcoin Too Expensive For Me?
« Reply #525 on: August 10, 2024, 09:41:52 PM »

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Offline $crypto$

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Re: Is Bitcoin Too Expensive For Me?
« Reply #526 on: August 11, 2024, 01:17:54 PM »
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.

The market is not going to be bearish yet because if there was an initiation of the bearish phase then we will experience continuous reduction but currently we are experiencing more elevation in worth after a slight dump so it means that the bullish phase has yet to come.

If we are going as a successful trader or investor then it does not mean that we have no need to learn more but I think that the more you learn the more you will easily achieve your goals.
Well that's what we think so we try to continue to take advantage of the existing decline by accumulating the amount of bitcoin in our portfolio, we will be in a bearish phase, but I don't think this will happen anytime soon, because we haven't fully felt the bullish market.

We can hear what other people say while we analyze it ourselves. But for beginners, fear is natural because they may not have experienced much of this.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #526 on: August 11, 2024, 01:17:54 PM »

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Offline milewilda

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Re: Is Bitcoin Too Expensive For Me?
« Reply #527 on: August 11, 2024, 04:43:26 PM »
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.

The market is not going to be bearish yet because if there was an initiation of the bearish phase then we will experience continuous reduction but currently we are experiencing more elevation in worth after a slight dump so it means that the bullish phase has yet to come.

If we are going as a successful trader or investor then it does not mean that we have no need to learn more but I think that the more you learn the more you will easily achieve your goals.
Well that's what we think so we try to continue to take advantage of the existing decline by accumulating the amount of bitcoin in our portfolio, we will be in a bearish phase, but I don't think this will happen anytime soon, because we haven't fully felt the bullish market.

We can hear what other people say while we analyze it ourselves. But for beginners, fear is natural because they may not have experienced much of this.
Sooner or later you would really be able to realize for yourself that you would really be needing up to accumulate on the time that you would see that the market is really that
making up some decline and later on it would really be making those kind of recovery on which you would be really be having those thoughts that you can make money if y ou do really know on what you would gonna do.  Bitcoin isnt really expensive not unless if you would really be trying out to accumulate Bitcoin as a whole but just we do all know that
we can be able to buy in fractions so it wont really be that not much an issue.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #528 on: August 11, 2024, 08:43:48 PM »
Greetings to everyone.

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?.
Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.

Offline UNIVERSE

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Re: Is Bitcoin Too Expensive For Me?
« Reply #529 on: August 11, 2024, 10:01:04 PM »
Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.


Offline yohananaomi

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Re: Is Bitcoin Too Expensive For Me?
« Reply #530 on: August 12, 2024, 04:52:16 AM »
Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.
No one wants to lose their money, very carefully it will be done so that the money cannot be lost, but sometimes money is not lost but reduced because the price goes down but will be lost if we invest in a new project that cannot be held will continue to grow or not, but for those who have potential it will be safe as long as you don't get carried away with passion in action because the price can go down and up at any time, just manage it well then it will be safe.
It is clear that if you want a small and safe risk, you cannot avoid investing in Bitcoin because, so far, it has provided a guarantee that Bitcoin is able to contribute to its holders. If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #531 on: August 14, 2024, 05:54:48 AM »
If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
i still wouldn’t advise everyone to invest in coins like solana or ton as they are relatively new and anything could still happen i mean even though bitcoin and ethereum have been proven to stay afloat they are still volatile and can pose a lot of risks for its investors

the good thing about bitcoin is you don’t have to buy 1 bitcoin right away you can buy little by little over a course of time and see your investment grow there is no minimum or limit to how much you can invest in bitcoin

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Re: Is Bitcoin Too Expensive For Me?
« Reply #531 on: August 14, 2024, 05:54:48 AM »


Offline nakmantu99

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Re: Is Bitcoin Too Expensive For Me?
« Reply #532 on: August 14, 2024, 08:12:03 AM »
If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
i still wouldn’t advise everyone to invest in coins like solana or ton as they are relatively new and anything could still happen i mean even though bitcoin and ethereum have been proven to stay afloat they are still volatile and can pose a lot of risks for its investors

the good thing about bitcoin is you don’t have to buy 1 bitcoin right away you can buy little by little over a course of time and see your investment grow there is no minimum or limit to how much you can invest in bitcoin
Solana and ton are two potential coins, and I also invest in both. Although my priority coins are bitcoin and ethereum. My consideration is not the length of the project, new projects if they show good progress I will buy them and hold the coins. New projects have no guarantee that they will last long, but we must do research before investing. And I have confidence in the two coins, solana and ton.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #533 on: August 14, 2024, 08:26:12 AM »
If the price of Bitcoin is too expensive, there are potential altcoin alternatives that can be used as investments such as Ethereum, BNB, SOL, TON, etc. which have indeed been proven.
I made a similar mistake long time ago, when I heard about bitcoin for the first time.

So, back in late 2013 I stumbled upon bitcoin for the first time and since whole concept seemed cool, I was thinking about buying some but because price was around 1k and it felt like too expensive and I didn't want to buy just a fraction of it, I bought some altcoins instead. Huge mistake.

Certain altcoins can indeed bring you a good profit but if you are just beginning in crypto, bitcoin is by far the safest choice no matter the price.
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Re: Is Bitcoin Too Expensive For Me?
« Reply #534 on: August 14, 2024, 02:07:40 PM »
Well that's what we think so we try to continue to take advantage of the existing decline by accumulating the amount of bitcoin in our portfolio, we will be in a bearish phase, but I don't think this will happen anytime soon, because we haven't fully felt the bullish market.

We can hear what other people say while we analyze it ourselves. But for beginners, fear is natural because they may not have experienced much of this.
Sooner or later you would really be able to realize for yourself that you would really be needing up to accumulate on the time that you would see that the market is really that
making up some decline and later on it would really be making those kind of recovery on which you would be really be having those thoughts that you can make money if y ou do really know on what you would gonna do.  Bitcoin isnt really expensive not unless if you would really be trying out to accumulate Bitcoin as a whole but just we do all know that
we can be able to buy in fractions so it wont really be that not much an issue.
Many people regret because they missed the opportunities that came to them and I don't want to be part of them because I didn't take advantage of the opportunities that came to me.

Experience is what makes me better, because I also won't say I never missed an opportunity before, especially when I was just starting to know bitcoin. But that's very natural and now as my knowledge and experience increases I can be even better.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #535 on: August 14, 2024, 06:45:16 PM »
Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.

This is true Bro, never buy Crypto with borrowed money, it is very high risk. And I am sure everyone knows that, only people who are determined will do that.

Bitcoin is indeed the main goal of everyone who is new to crypto, surely what they are looking for is Bitcoin. But if we have been here for a long time, I believe they will be sure to buy other Altcoins that are in the top ranks.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #536 on: August 16, 2024, 03:39:23 AM »
Buying crypto cannot be forced, just buy it according to the money we have. Then which is the main one to buy, Bitcoin or Altcoin? Both can be bought, if the Altcoin you choose is a potential Altcoin such as ETH, BNB, and others. However, if you are not sure about buying Altcoin, then you can buy Bitcoin. The most important thing is in trading or investing in this cryptocurrency, our mentality must be strong.
Of course, we must always use the money that we can afford to lose. It is not necessary to use loan money or use the money for our basic necessities. We know crypto is high risk and there is no guarantee for profits. We must be very careful to use our money in crypto industry. Anyway, I think we all agree that Bitcoin should be the main asset because Bitcoin is the most recommended coin. ETH, BNB, SOL, or other top altcoins are good but they are not as well as Bitcoin. For me, it is clear that Bitcoin is our priority but it is no problem to invest in good altcoins, too.

This is true Bro, never buy Crypto with borrowed money, it is very high risk. And I am sure everyone knows that, only people who are determined will do that.

Bitcoin is indeed the main goal of everyone who is new to crypto, surely what they are looking for is Bitcoin. But if we have been here for a long time, I believe they will be sure to buy other Altcoins that are in the top ranks.
Maybe there are investors who dare to buy bitcoin with borrowed money even though it is risky, I hope they understand the risks because the price of bitcoin is difficult to predict. What is worrying is that when we pay the installments due, it turns out that the Bitcoin price is experiencing a sharp correction and it will be difficult for us to make a profit.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #537 on: August 16, 2024, 11:11:36 AM »
Robert F. Kennedy Jr.: U.S. government reserves in bitcoins should match foreign exchange reserves

U.S. presidential candidate Robert F. Kennedy Jr. said that if elected, he will push for the federal government to purchase $615 billion worth of bitcoins until the amount of U.S. bitcoin reserves matches the country's foreign exchange reserves. “Bitcoin is an honest currency, a proof-of-work currency. Everything is on a ledger, it's decentralized, and that's what we need to do with democracy,” Kennedy said in an interview. “My hope is that the federal government will start buying bitcoins and eventually have as many bitcoins as gold during my term.” The U.S. government is reportedly the world's largest owner of gold: it has 8,134 tons of gold. At current prices, gold is worth $615 billion, and it takes 9.4 million BTC to reach that value, equivalent to nearly 45% of the total supply.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #538 on: August 16, 2024, 12:19:21 PM »
Sooner or later you would really be able to realize for yourself that you would really be needing up to accumulate on the time that you would see that the market is really that
making up some decline and later on it would really be making those kind of recovery on which you would be really be having those thoughts that you can make money if y ou do really know on what you would gonna do.  Bitcoin isnt really expensive not unless if you would really be trying out to accumulate Bitcoin as a whole but just we do all know that
we can be able to buy in fractions so it wont really be that not much an issue.

It's not too late to the party when the music's just getting started :)
The best time to plant the tree was yesterday and the second best time to plan it is today
If we buy Bitcoin right now, we will be earlier than 90% more people in the world, Few understand this.
Bitcoin is still a solid investment that should beat out most stock or bond returns in a balanced portfolio.
Just put money in every sats and don't look at the ups and downs.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #539 on: August 16, 2024, 12:33:48 PM »
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?.
First we need to consider the difference between Bitcoin and Altcoins. If an investor invests in bitcoin, what benefits will he get and what are the benefits of investing in altcoins should be taken into consideration. Investing in Bitcoin requires long-term investment as well as sufficient capital investment for ROI. It will depend mainly on the financial condition of an investor. I think if someone expects high profit by investing very small amount in bitcoin then he should choose an altcoin rather than investing in bitcoin. Though altcoins price movements dependent on Bitcoin price. But in terms of returns, altcoins can give more than bitcoin. All things considered, those who do long-term DCA with bitcoin they will be profitable.

 

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