Is Bitcoin Too Expensive For Me?

[pieppiep]

t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.

If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.

You should know that purchasing the asset during a bear market is among the most lucrative approaches which exist. Thus, when the cost per Bitcoin is relatively small, such as in 2022 and 2023, it could be beneficial to purchase the currency under the assumption that the price shall increase in the near future. Nevertheless, there is profit for him in this opportunity and it will not be so lofty as some years ago but 1 or 2 years ago opportunity is also absent.

All the same, it has to be pointed out that with Bitcoin trading, it is not a one-day affair and may require a long-term action plan. The performance of a good investment is usually demonstrated by the ability of an investor to remain insensitive to price fluctuations and hold his/her assets in the investment during volatile moments. Therefore, while investing, one may not get the same amount of profit as would have been achieved if one had invested at the lowest point, but the gains are good if one stays put and believes in it for a longer period of time.

[Wiseman]

t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.

If you want to get big profits, buy bitcoin during the bearish season, it will happen in 2022 and 2023, the price of bitcoin is still low. If you buy today we still have a chance, but our profits are not as big as if we bought 1 or 2 years ago. because bitcoin investors who can make big profits are those who hold longer.

You should know that purchasing the asset during a bear market is among the most lucrative approaches which exist. Thus, when the cost per Bitcoin is relatively small, such as in 2022 and 2023, it could be beneficial to purchase the currency under the assumption that the price shall increase in the near future. Nevertheless, there is profit for him in this opportunity and it will not be so lofty as some years ago but 1 or 2 years ago opportunity is also absent.

All the same, it has to be pointed out that with Bitcoin trading, it is not a one-day affair and may require a long-term action plan. The performance of a good investment is usually demonstrated by the ability of an investor to remain insensitive to price fluctuations and hold his/her assets in the investment during volatile moments. Therefore, while investing, one may not get the same amount of profit as would have been achieved if one had invested at the lowest point, but the gains are good if one stays put and believes in it for a longer period of time.

You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.

[yohananaomi]

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.

True and I think most old Bitcoiners earn a lot of money on forums through signature campaigns, bounties and airdrops but some also earn from trading which is I think the oldest traditional way to make profit in cryptocurrency. Some investors and enthusiasts I think still hodl what they have earned from the early days if I am not mistaken so yeah value of their holdings would be that huge right now but for newbies who just know the idea of crypto it will probably very expensive for them to jump-in and so the future adopters but for us we used to it for a while now and some of us especially only has one problem and that is capital.

I want to add that signature campaigns bring profit in absolute numbers, which is good for a crypto guy at the beginning. But trading allows you to multiply the deposit, which is good when a trader wants to multiply his savings in percentages. For example, twice. And this is cool when a crypto guy already has savings, but not at the beginning of the journey.

I got to know crypto by joining the signature campaign next door, I got a reward for me to use as capital to invest in crypto. In the past, bounties were very worth it, and now only mixer bounties are worth it, in my opinion. Because I also participate in airdrops and do trading.

Why only mixers? I think that all signature campaigns are good: casinos, mixers, wallets and any others. After all, this is the same way of advertising as all the others, only they give us, ordinary crypto guys, the opportunity to earn money.

You are right that all signature campaigns are equally good, but for now what the colleague said above also makes sense because at the moment there are no and even rare signature campaigns that can pay properly, there are always problems so that they are not paid. For now, only mixers seem to be making a good contribution who knows when there will be something like this again, or will it return to the past? But it is also doubtful because of the onslaught of telegrams that are rampant at the moment.

[doc]

Why only mixers? I think that all signature campaigns are good: casinos, mixers, wallets and any others. After all, this is the same way of advertising as all the others, only they give us, ordinary crypto guys, the opportunity to earn money.

You are right that all signature campaigns are equally good, but for now what the colleague said above also makes sense because at the moment there are no and even rare signature campaigns that can pay properly, there are always problems so that they are not paid. For now, only mixers seem to be making a good contribution who knows when there will be something like this again, or will it return to the past? But it is also doubtful because of the onslaught of telegrams that are rampant at the moment.
[/quote]
Airdrop via Telegram is currently popular and many friends are participating in it, but I focus more on the paid BTC bounty campaign because it is clearer and will definitely be paid, this is more valuable than Telegram where we don't know whether it will really be paid or just a waste of time.

[Mia Chloe]

You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.

Trading and investing are of course two different things entirely. Traders take note of a lot of things like market movements , price actions, news and many other factors that affect the market. Whether day trader or swing trader, they all need crucial understanding of the way the Market works in order for them to trade profitably. Unlike traders that do a lot of research and apply different strategies, HODLers or say bitcoin investors just put their their coins in their wallet , sit back and watch price play.

HODLERs really don't have concerns with little shifts in price unlike traders do. Anyways the fact remains that hodling is far easier than trading because of technicalities.

[alltalk]

You are right that all signature campaigns are equally good, but for now what the colleague said above also makes sense because at the moment there are no and even rare signature campaigns that can pay properly, there are always problems so that they are not paid. For now, only mixers seem to be making a good contribution who knows when there will be something like this again, or will it return to the past? But it is also doubtful because of the onslaught of telegrams that are rampant at the moment.

How much BM should pay for the participants to be categorized as "proper payment"? 
If you refer to signature campaign paid in Bitcoin, I think BM paid us with proper payment. Sure, it may be less than the payment of the signatures in the past. However, we must realize that it is still worth to do. However if you refer to signature campaign paid in altcoins, I agree it is rarely to pay with a proper amount of money.

~~~

There is something wrong with your "quote".
Kindly correct it, mate! It looks unsightly. 

[pieppiep]

Airdrop via Telegram is currently popular and many friends are participating in it, but I focus more on the paid BTC bounty campaign because it is clearer and will definitely be paid, this is more valuable than Telegram where we don't know whether it will really be paid or just a waste of time.

It is true that BTC bounty campaigns tend to be more reliable than airdrops on Telegram. With BTC, we know the value we get is more stable and clear, so the risk of being wasted is smaller. In addition, bounty campaigns are usually supported by larger and more organized projects, so transparency and clarity of payment are more maintained than airdrop results from Telegram which have no guarantee of being paid.

That way, we can focus more on maximizing efforts in activities that provide real results and avoid potential fraud that often appears in Telegram airdrops.

[Hisbullah]

Airdrop via Telegram is currently popular and many friends are participating in it, but I focus more on the paid BTC bounty campaign because it is clearer and will definitely be paid, this is more valuable than Telegram where we don't know whether it will really be paid or just a waste of time.

It is true that BTC bounty campaigns tend to be more reliable than airdrops on Telegram. With BTC, we know the value we get is more stable and clear, so the risk of being wasted is smaller. In addition, bounty campaigns are usually supported by larger and more organized projects, so transparency and clarity of payment are more maintained than airdrop results from Telegram which have no guarantee of being paid.

That way, we can focus more on maximizing efforts in activities that provide real results and avoid potential fraud that often appears in Telegram airdrops.

Currently telegram airdrop is hype and many people are participating there. so maybe the popularity of bounty has started to shift and replaced by airdrop. Except for the paid BTC bounty campaign which is widely followed by members here. Payments are clear every week and guaranteed, so bounty mixer lovers are still big in this forum.

[Mr. Magkaisa]

You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.

Trading and investing are of course two different things entirely. Traders take note of a lot of things like market movements , price actions, news and many other factors that affect the market. Whether day trader or swing trader, they all need crucial understanding of the way the Market works in order for them to trade profitably. Unlike traders that do a lot of research and apply different strategies, HODLers or say bitcoin investors just put their their coins in their wallet , sit back and watch price play.

HODLERs really don't have concerns with little shifts in price unlike traders do. Anyways the fact remains that hodling is far easier than trading because of technicalities.

         -      Remember that there are only two types of holders of Bitcoin or cryptocurrency: ahor and long-term holders. And what you're saying is that they don't have to have problems or worry about what's happening in the market if they are long-term holders.

But the short-term ones care about what's happening in the market, and it's really just a bit risky because it requires you to be able to understand the market or read the graph chart here in the crypto exchange.

[summonerrk]

You are either an investor or a trader, when a person wants to be both an investor and a trader at the same time, he can get nothing but some kind of profit, it’s just that investing and trading on the market are different things and different thinking is used and different analytical knowledge is used, maybe there are such people, but I would not advise a beginner to immediately engage in trading and investing.

Trading and investing are of course two different things entirely. Traders take note of a lot of things like market movements , price actions, news and many other factors that affect the market. Whether day trader or swing trader, they all need crucial understanding of the way the Market works in order for them to trade profitably. Unlike traders that do a lot of research and apply different strategies, HODLers or say bitcoin investors just put their their coins in their wallet , sit back and watch price play.

HODLERs really don't have concerns with little shifts in price unlike traders do. Anyways the fact remains that hodling is far easier than trading because of technicalities.

         -      Remember that there are only two types of holders of Bitcoin or cryptocurrency: ahor and long-term holders. And what you're saying is that they don't have to have problems or worry about what's happening in the market if they are long-term holders.

But the short-term ones care about what's happening in the market, and it's really just a bit risky because it requires you to be able to understand the market or read the graph chart here in the crypto exchange.

I want to note one funny fact. Long-term holders as well as short-term holders constantly check the price of Bitcoin and they worry about all the changes in the value of Bitcoin in the market. This is because all long-term holders have a goal. They expect Bitcoin to be worth a certain price, for example 100k. And it may well be that tomorrow there will be crazy volatility and it will cost so much. Therefore, long-term investors do not forget to check the price every day.

[debra]

It is true that BTC bounty campaigns tend to be more reliable than airdrops on Telegram. With BTC, we know the value we get is more stable and clear, so the risk of being wasted is smaller. In addition, bounty campaigns are usually supported by larger and more organized projects, so transparency and clarity of payment are more maintained than airdrop results from Telegram which have no guarantee of being paid.

Of course, BTC campaign has a clear payment. We can get the payment regularly and we can convert it to fiats every time we want. The amount of money we can get from the campaign paid in BTC is good enough. I think it is quite good amount of money. So, it is no doubt that campaign paid in BTC is better than airdrops. There are still very little number of airdrops that can really give us good amount of money. Most of the airdrops just ended up with scams.

[JoyMarsha]

t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.

As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.

Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.

[bounceback]

Of course, BTC campaign has a clear payment. We can get the payment regularly and we can convert it to fiats every time we want. The amount of money we can get from the campaign paid in BTC is good enough. I think it is quite good amount of money. So, it is no doubt that campaign paid in BTC is better than airdrops. There are still very little number of airdrops that can really give us good amount of money. Most of the airdrops just ended up with scams.

Bitcoin receiving from campaign its good enough capital use for holding exactly with current bitcoin price still drop, its not problem because reward from bitcoin campaign have exact amount based on fiat values but depend how bitcoin price will receive in our wallet. Its only easily way right now earn bitcoin from campaign get regular payment every week and ability to be our bitcoin holding in the future when price reach higher price get double or increasing our payment rate.
Bitcoin campaign have surely when payment receiving and how much landed in our wallet, difference with airdrop not get exact date when distributing until how much reward earning.

[alltalk]

As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.

Yep. We can buy with little money because it is not a must to buy 1 BTC. 
We can do DCA and hold for a long term. There are many people who do this and they can be successful with Bitcoin investment in this way.

Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.

It is very wrong mindset that people assume Bitcoin is expensive. They mustn't understand Bitcoin well, they may assume people to buy 1 BTC whenever they buy Bitcoin. If people understand Bitcoin, they must know that they can buy Bitcoin although they have $50 only. Altcoins can be cheaper but Bitcoin is still the most recommended investment in crypto. Bitcoin is always in the 1st rank, Bitcoin has the highest market caps. And Bitcoin is the most crypto adopted in many fields in our life.

[dekafee79]

t is considered as one of the most valuable and widely recognizable cryptocurrencies mainly because it has a fixed supply. Thus, current low prices in the crypto market may be suitable for investment or holding even despite the fact that crypto markets are very unstable. Like any other commodity, Bitcoin holds a high level of volatility where those who invest in it during a low point will doubly benefit when the prices rise. As with any investment all research and processes should be carefully planned but timing just before the start of the revival of the market can bring great returns.

As Bitcoin is considered one of the valuable assets, it can be purchased with little money and expect profits in the long run; let's not forget that.

Many people in the crypto space keep missing out on investing in Bitcoin because they think Bitcoin is expensive to them; only invest in Altcoin because it is cheap. Forgetting to note that the altcoin they are investing in because it is cheap, is riskier than Bitcoin, and can lose value and become worthless tomorrow.

altcoin prices are indeed cheaper than abitcoin, the risk is indeed greater than bitcoin but don't forget the benefits provided by altcoin are greater than bitcoin. I also invest in both and can compare with the same capital the benefits of investing in altcoin are greater.