Is Bitcoin Too Expensive For Me?

[bitterguy28]

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.

yes if you pick the right altcoin which is typically not the easiest thing to do not only would you have to pick the right altcoin to invest in, you would also need to make the right decisions at the right timing there’s a lot of variables at play which can give you more profit in altcoins rather than in bitcoin

you will gain more profit in altcoin in short term but if we are to talk about long term then bitcoin is definitely more profitable out of the two

[yohananaomi]

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.

Indeed, if you look at the price of altcoin, it is cheaper than bitcoin, but it is true that you said could that the increase if it goes up could be several times more than bitcoin and that is real. So if someone says holding altcoin is not profitable and smaller than bitcoin, it is certainly not entirely true. Because for potential altcoins it is certain that if there is an increase it will be higher than the increase in bitcoin.
So holding altcoins is not wrong, but you have to analyze it properly because many altcoins are also difficult to increase.

[Parzival204]

In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC

[milewilda]

In my opinion, if you have money that you want to use to invest in crypto, it would be better to choose BTC. Remembering that BTC is more famous among the public than altcoins. Even though the price is expensive, BTC compared to altcoins is more promising. With the market price of altcoins tending to fall drastically compared to Bitcoin which, even though the price has fallen, is not that significant.
so in conclusion. if you have enough money to invest then choose BTC

If you wanted to have that less risk then Bitcoin would be your best choice but dont make yourself believe that there would really be an assurance that you could make out sure profits on which we know that when it comes to crypto investment then there's no assurance when it comes into this manner. Always invest on the amount on which you can afford to lose and never make yourself having this kind of mentality about making investment as if you are really that doing gambling and really making some all in kind of investment. If it turns out that this one is expensive for you
then always consider out that you can buy in fractions and not necesarily needed for you to have a whole coin but making up some accumulation isnt that a bad idea.

[rby]

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.

The decision to invest in Bitcoin or altcoin I don't think is majorly determined by which of them is more profitable but the intention of the investor. For instance, when an investor wants to make a long term investment, Bitcoin is and will always be the better option and that's because of it's less volatile and have higher liquidity ratio than altcoins. Altcoins have lower liquidity ratio and are more susceptible to sharp movements which might be negative or positive so it's always a better option for short term investors.

[pieppiep]

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.

The decision to invest in Bitcoin or altcoin I don't think is majorly determined by which of them is more profitable but the intention of the investor. For instance, when an investor wants to make a long term investment, Bitcoin is and will always be the better option and that's because of it's less volatile and have higher liquidity ratio than altcoins. Altcoins have lower liquidity ratio and are more susceptible to sharp movements which might be negative or positive so it's always a better option for short term investors.

Well, I believe that choices or whether which one is more worthwhile are far more about one investor’s objectives as well as plans as compare to the other. However, if one is to look at the long term, Bitcoin is a better investment because its stability and visibility is much more certain than any other altcoins out there. Meanwhile, altcoins are usually less stable meaning that they might be more appealing to those individuals willing to take bigger risks in short term, obviously at the price of bigger risks. It sums up to the investor’s aim right from the start, whether they are willing to keep it conservative and modest, or go for the big wins in the shortest time possible.

[Parzival204]

For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto

[legend45]

For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto

We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.

[doc]

For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto

We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.

I agree with you in trading and investing we must have a plan, but we should first learn knowledge about crypto if we are newbies because there is a lot of knowledge that we must understand about crypto, In trading we also have to learn fundamental and technical analysis, so that we can make an analysis.
so in investing we must really understand all of that.
responding to the OP who discussed bitcoin being too expensive, we don't have to buy a lot but adjust it to our abilities, because the price of bitcoin will be more expensive.

[Ricardo11]

For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto

We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.

I agree with you in trading and investing we must have a plan, but we should first learn knowledge about crypto if we are newbies because there is a lot of knowledge that we must understand about crypto, In trading we also have to learn fundamental and technical analysis, so that we can make an analysis.
so in investing we must really understand all of that.
responding to the OP who discussed bitcoin being too expensive, we don't have to buy a lot but adjust it to our abilities, because the price of bitcoin will be more expensive.

I also agree with you, trading or investing must have basic concepts. Should have good knowledge of fundamental and technical analysis of works. Because you need basic and technical knowledge in crypto market research. Without these, market research is very difficult, and there is a risk of losing if the market is not researched properly.

Bitcoin is a very promising currency, we can only profit by investing in this currency for long term. But while short-term investing carries more risk, Bitcoin always benefits an investor in the long-term. Also the future potential of Bitcoin is very high. So in case of Bitcoin investment one should start investing from the amount that one can afford to lose. And of course it should be for a long time.

[0t3p0t]

For those of you who have sufficient funds to invest in crypto currency, you should first know what will make you profit from this investment. If you are careless in buying crypto coins without analyzing market prices and so on, maybe you are just will suffer losses and blame this investment.
My advice is that if you already know the crypto market conditions. Then start by buying altcoins. Where the profits are also large and you can calculate your losses. This all applies if you already know the basics of investing crypto

We really have to understand about crypto before investing in crypti, we should not follow suit in buying without having a good analysis, so in investing we must first understand the risk of investing in crypto, the character of the market. We have to analyze what we will do, what strategy we will use and make an initial plan before making a purchase.

I agree with you in trading and investing we must have a plan, but we should first learn knowledge about crypto if we are newbies because there is a lot of knowledge that we must understand about crypto, In trading we also have to learn fundamental and technical analysis, so that we can make an analysis.
so in investing we must really understand all of that.
responding to the OP who discussed bitcoin being too expensive, we don't have to buy a lot but adjust it to our abilities, because the price of bitcoin will be more expensive.

Yeah fun fact is that if we don't buy today we might find prices more than what we have right now so yeah maybe there are another ways to accumulate Bitcoins without buying just like signature campaigns or offering services in exchange for Bitcoin. And I agree with you that we badly need enough knowledge to better understand trading especially the fundamental and technical analysis which is the most complicated skills we need to learn

[Parzival204]

having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.

[yohananaomi]

having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.

In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.

[Parzival204]

having a small amount of coins will minimize your losses if your expectations do not match your expectations. And it will be a problem in the future if you spend almost all your money buying Bitcoin. And it will make you disappointed if it doesn't meet your expectations.

In my opinion, having a lot of bitcoin will actually contribute more to the needs we need. Bitcoin is very unlikely to lose and be more profitable, but it takes patience because this is a very long and long investment and, of course, it takes a lot of money. If you do not have funds outside the investment needs, it is better not to do it, because too much money will be taken up in bitcoin investment.
No one loses in bitcoin investment. That's why, until now, bitcoin has been still a target for investors to have it.

It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want

[Report]

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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?.

I myself would choose Bitcoin because altcoins will not necessarily increase in price in the future and of course Bitcoin will continue to be a cryptocurrency that continues to be traded because Bitcoin is the first cryptocurrency created. As for altcoins, I don't really understand how investors buy them and invest their funds, I'm afraid that the altcoins will turn into a scam and the investor's funds will definitely be lost.