Is Bitcoin Too Expensive For Me?

[Manna]

Due to the ever-increasing growth of the crypto market and the resulting renewed interest in tokens, non-enthusiasts are becoming attracted to cryptocurrencies.  Due to the promotion and trend of this digital currency, many new investors are now starting to see profit opportunities.  They are buying cryptocurrency in hopes of making a profit for themselves or their business.  This new trend is helping to boost crypto market development and overall acceptance.

[Wiseman]

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.

It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.

[nakmantu99]

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.

It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.

If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.

[debra]

If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.

I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.

For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.

[dekafee79]

If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.

I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.

For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.

If you just think about buying bitcoin at $20K in 2022 and selling it now at $59K, we have already made a lot of profit. Why don't you think about buying bitcoin in 2022 at $20K and selling it when bitcoin reaches ATH at $73K, then buying it again when there is a correction that goes down, then selling it again when the bitcoin price is back near ATH and you do this repeatedly, which one is more profitable.

[Wiseman]

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.

It depends on what altcoin, a year ago for some reason I thought that Tron would show itself from the best side and I bought it and held it for about a year, in the end I spat on it having received only plus 30%, this is a very small percentage if compared with the growth of Bitcoin over the same period, it is best to just buy different cryptocurrencies in parts and follow the trend, now the trend is telegram tokens and they are now a priority, I think you yourself understand what I am talking about and here it is worth thinking about what you actually need to buy and for what period to buy it, long-term holding is not always better than short-term but with further greater risk, all the same in investments you need to think and not just invest anywhere, well, or trust someone or entrust money, otherwise you can simply lose your money due to the fact that you will go out at the wrong time.

If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.

In fact, we can talk not only about trading on the stock exchange, you can’t even imagine how many opportunities there are on the Internet for earning money, just using all sorts of software for marketing you can earn money on this and much more, of course, all this costs money and not a little, but all this is also like an investment in yourself and can be equated in the same way as with trading, just in trading, let’s say, it only seems that everything is easy and simple, I have a friend who has been trading on the stock exchange for several years and a year ago he went to paid courses on trading, like thinking why? and then that trading is not so simple and you shouldn’t play with it like with a casino.

[yohananaomi]

If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.

I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.

For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.

If you just think about buying bitcoin at $20K in 2022 and selling it now at $59K, we have already made a lot of profit. Why don't you think about buying bitcoin in 2022 at $20K and selling it when bitcoin reaches ATH at $73K, then buying it again when there is a correction that goes down, then selling it again when the bitcoin price is back near ATH and you do this repeatedly, which one is more profitable.

I think the best way to do it when the price is corrected is the opportunity to buy it and when the price increases according to what we want, then it is to immediately sell it, then we will get the price difference that we can accept as profit. But that moment is not always there, actually when, after the halving period has passed then there is an opportunity to do that, because the movement continues to repeat up and down in the last few months, and maybe it will continue until the end of the year.
I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.

[bayu7adi]

I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.

Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....

If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.

[dekafee79]

I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.

Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....

If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.

Short-term trading is indeed difficult and requires high focus because the risk is greater than long-term holding. Sometimes we also experience losses, I prefer trading for medium term because the risk level is lower by undergoing spot trading. If we have experience and expertise we can minimize the risk of trading, but this requires good analysis.

[satpol_PP]

I think short-term trading, like looking for the difference between increases and decreases, is very profitable because, the momentum does exist and, of course, besides making long-term investments.

Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....

If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.

Short-term trading is indeed difficult and requires high focus because the risk is greater than long-term holding. Sometimes we also experience losses, I prefer trading for medium term because the risk level is lower by undergoing spot trading. If we have experience and expertise we can minimize the risk of trading, but this requires good analysis.

If we have the experience and time to always monitor the market, maybe short-term trading is a good choice. but what you said investing for the medium term is the right choice, I think it's true because we can sell when there is a rise in the medium term and buy it back when it dumps.

[Hisbullah]

Short-term trading is not as easy as many people say... many people assume that short-term trading brings more profit than long-term trading... in fact, the thing that influences it is risk considerations, where short-term trading has a greater risk intensity than long-term... every day, has a dense decision so that, they must be forced to have a large winrate from the many decisions made....

If short-term trading was as easy as imagined, I'm sure, I would never have failed a few years ago... it takes energy and accurate analysis to deal with unexpected market manipulation. It's really hard to make predictions.

The Crypto market is very volatile, so if you choose short -term trading, you must really have experience and ideas in predicting prices in the short term, that is a difficult thing like many people say. If the problem of profits from short -term trade compared to the long term, if we are experts in short -term trade, I think we can get a higher profit than just long -term hold.

but what you said investing for the medium term is the right choice,

I also agree with this, Medium Term is a method that is widely used by those who have a little time to focus on trading, they buy and then determine the selling target.



[/quote]

[satpol_PP]

If we have the experience and time to always monitor the market, maybe short-term trading is a good choice. but what you said investing for the medium term is the right choice, I think it's true because we can sell when there is a rise in the medium term and buy it back when it dumps.

All investments are good, whether you choose short term, medium term or long term if you have the skills. Because short term requires better analysis than medium and long term. So it takes experience and knowledge to be a great short term trader.

[yohananaomi]

If we have the experience and time to always monitor the market, maybe short-term trading is a good choice. but what you said investing for the medium term is the right choice, I think it's true because we can sell when there is a rise in the medium term and buy it back when it dumps.

All investments are good, whether you choose short term, medium term or long term if you have the skills. Because short term requires better analysis than medium and long term. So it takes experience and knowledge to be a great short term trader.

As long as the investment is aimed at potential coins, it is certain that it will provide a very good contribution when doing it, Both for the short, medium and certainly the long term, which can be ascertained. But I agree that, for the short term, you must have a good analysis and, all must start with learning or practicing directly by starting with a small value so that you can find out where our weaknesses are and can be fixed in the future.

[summonerrk]

It seems to me that in the world of cryptocurrency only a lazy person does not earn. There are dozens of ways to earn: Bounty, signature, different roles, promotion. Therefore, I do not understand those who have not accumulated their deposit during their stay in the crypto world. You need to be useful to the crypto world and it will respond to anyone with coins and tokens. That is why we love crypto.

[Asiska02]

If you have a lot of time to make short-term investments, you can also get bigger profits than long-term investments. but for those who are busy with work in the real world choose to invest for the long term. I try to do both, only I don't often do daily trading just buy and set sell orders according to the targets I set for the short term.

I think the long term investment offer bigger profits than short term investment. We won't get a very significant change in Bitcoin price for a short term. But for the long term, it is very possible to have significant change in Bitcoin price. You can imagine that you bought some Bitcoin when it was below $20k in 2022. Now, the price is already above $59k, the chance is significant right? But if you just bought the Bitcoin few days or weeks ago, the price isn't change significantly yet.

For people who are busy in their real-life activities, it is recommended to choose the long term investment. But for people who still have free time, they can do both. It is always good to do short and long term investment together.

If you just think about buying bitcoin at $20K in 2022 and selling it now at $59K, we have already made a lot of profit. Why don't you think about buying bitcoin in 2022 at $20K and selling it when bitcoin reaches ATH at $73K, then buying it again when there is a correction that goes down, then selling it again when the bitcoin price is back near ATH and you do this repeatedly, which one is more profitable.

This idea is actually a profitable one but the consistency of it, like getting to buy when it falls and sell when it rise can be tricky. You may have understanding of the market very well before you can be able to make this work for you. Having knowledge of the market from beginning is great, but not having a target to buy and a target to sell can ruin the whole idea and may gain little or not profit in the long run. Market will play its game and will also have a huge impact on the decisions you’ve made and did not correlate with that of the market’s. Buying at the dip and selling when the price has rose to an ATH will be more effective when holding for a long period of time, 5-10 years time.