Is Bitcoin Too Expensive For Me?

[Parzival204]

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?.

Well frankly I wouldn’t advise you to rush into buying coins right now but rather focus more on knowing more about the atleast the basic concept of what you’re about getting involved with and I’m sure with time you wouldn’t need the obvious opinions of others to make your decision but since you’re a newbie, I would advice that you stay clear and off altcoins for now because most of these altcoins are at the end a pump and dump project that would end up blowing your funds if you’re not smart enough to know when to sell.
You shouldn’t be scared of the price of bitcoin at the moment but you should try preaching the DCA method which has to do with you buying bitcoin in batches at every instance you get to buy without having to break a bank.
Good luck and please focus on buying bitcoins for now if you must buy.

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

[nakmantu99]

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

Newbies need time to be able to calm down and control bad emotions, because it is not easy for newbies to understand the character of coins and the crypto market, that is a reality that we often see because the crypto market is very volatile. Bitcoin is indeed expensive now and will be even more expensive in the future following the 4-year cycle.

[dekafee79]

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.

Talking about the advantages and disadvantages of investing in bitcoin, we also have to consider the right time to buy and sell bitcoin. Although the price of bitcoin is getting more expensive, if we buy at the wrong time we will be trapped and have to wait a long time to get profit.

[Rikafip]

Although the price of bitcoin is getting more expensive, if we buy at the wrong time we will be trapped and have to wait a long time to get profit.

That's only the case if you are buying bitcoin with the intention of s short to mid term holding. But, if you ra ebuying with the intention to hold at least one cycle, time when you buy bitcoin is not so important and in that case DCA investing method makes the most sense.

[luckyledger]

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.

Talking about the advantages and disadvantages of investing in bitcoin, we also have to consider the right time to buy and sell bitcoin. Although the price of bitcoin is getting more expensive, if we buy at the wrong time we will be trapped and have to wait a long time to get profit.

..Or we use the money we are willing to invest no matter the price, and we are all right in the long run.
BTC is not meant to be - traded - in my opinion in its current form, though it's possible.
BTC is the king when it comes to a stable long-term investment.

[Mia Chloe]

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

This is the more reason many investors choose bitcoin investments. It's far easier than investing in majority of altcoins. When investing in bitcoin the main thing you really need is security of your funds and also understanding how bitcoin investments actually work. Bitcoin doesn't multiply or dip exponentially over a short period of time like some alt coins out there possible of doing 10X in just a short period of time.

Bitcoin holders are more of long term hodlers since bitcoin tends to have better returns over a longer term of Hodling than short term. So personally I'll say if you really intend to HODL for long term without worrying about charts, bitcoin is the perfect choice.

[Parzival204]

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?.

Well frankly I wouldn’t advise you to rush into buying coins right now but rather focus more on knowing more about the atleast the basic concept of what you’re about getting involved with and I’m sure with time you wouldn’t need the obvious opinions of others to make your decision but since you’re a newbie, I would advice that you stay clear and off altcoins for now because most of these altcoins are at the end a pump and dump project that would end up blowing your funds if you’re not smart enough to know when to sell.
You shouldn’t be scared of the price of bitcoin at the moment but you should try preaching the DCA method which has to do with you buying bitcoin in batches at every instance you get to buy without having to break a bank.
Good luck and please focus on buying bitcoins for now if you must buy.

I agree. Because if you have a small amount of BTC, it will be more profitable than having a large amount of Altcoin. Especially if you are a long-term investor. It will be very profitable if you have BTC today and hold it and sell it in the future. Because Even though BTC is unstable at times, there will definitely be times when it will be stable and the price will soar and it will be a profit for investors who hold it in large or small amounts.
Altcoins are also not as bad as we imagine, where Altcoins have provided many benefits. for short-term investors. Where short-term investors prefer altcoins because their prices tend to be cheaper and more stable than BTC

[armanda90]

I agree. Because if you have a small amount of BTC, it will be more profitable than having a large amount of Altcoin. Especially if you are a long-term investor. It will be very profitable if you have BTC today and hold it and sell it in the future. Because Even though BTC is unstable at times, there will definitely be times when it will be stable and the price will soar and it will be a profit for investors who hold it in large or small amounts.
Altcoins are also not as bad as we imagine, where Altcoins have provided many benefits. for short-term investors. Where short-term investors prefer altcoins because their prices tend to be cheaper and more stable than BTC

Depend on how much progress movement between altcoin and bitcoin, not matter with your small amount of bitcoin or large amount of altcoin if increasing both of them small earn small profitable. I think bitcoin have good movement and keep stable for raising higher price, but difference when holding altcoin have high risk but get high return with usually movement of altcoin very significant than bitcoin.
In my opinion, if have small capital will invest in altcoin because get easily increasing to higher price but if small capital better and secure when investing in bitcoin.

[Prime]

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

You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.

I think Bitcoin isn't expensive because we can buy at any money we have. It is not a must to buy 1 BTC, we can buy 0,001 Bitcoin. We don't need to spend thousands of dollars to buy Bitcoin. We can do DCA if we have limited funds. With DCA, we can buy Bitcoin with any amount of money.

[PX-Z]

You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.

No doubt about that, if you want more stable, more convincing way to invest cryptocurrency, bitcoin should be the first thing to invest. Although, it is recommended to diverse your money and invest on other promising and established projects.

[doc]

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

You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.

I think Bitcoin isn't expensive because we can buy at any money we have. It is not a must to buy 1 BTC, we can buy 0,001 Bitcoin. We don't need to spend thousands of dollars to buy Bitcoin. We can do DCA if we have limited funds. With DCA, we can buy Bitcoin with any amount of money.

The DCA method is a method that is widely done by investors and is quite popular at this time, I also use it to purchase bitcoin and potential altcoin. We can buy bitcoin according to the money we have and we can buy with the DCA method. Many we can do to get capital to buy Bitcoin, can trade, join Airdrop and Bounty Campaign.

[Bobcrypto]

There is no need waiting for Bitcoin to dump hard or come very low to suit your anyone's pocket, if you are still waiting, wait no further because Bitcoin will be growing gradually till it becomes very expensive to purchase.
As at today, the price of Bitcoin,in my opinion, is still an open opportunity to buy for the long term. Remember that there are still individuals that has been Holding since 2018 and still counting, this is my candid advice, Bitcoin is not expensive yet, so step in and get your share today to the moon.

[36B]

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

You are right. Bitcoin must be the main option for crypto investment. Bitcoin is the king of crypto coin, it remains in the first rank of all crypto coins for many years. The price growth of Bitcoin is also very clear, Bitcoin price always increases in each bullish season. So, people must plan to sell in bullish season and buy during the bearish season.

I think Bitcoin isn't expensive because we can buy at any money we have. It is not a must to buy 1 BTC, we can buy 0,001 Bitcoin. We don't need to spend thousands of dollars to buy Bitcoin. We can do DCA if we have limited funds. With DCA, we can buy Bitcoin with any amount of money.

The DCA method is a method that is widely done by investors and is quite popular at this time, I also use it to purchase bitcoin and potential altcoin. We can buy bitcoin according to the money we have and we can buy with the DCA method. Many we can do to get capital to buy Bitcoin, can trade, join Airdrop and Bounty Campaign.

Indeed, With this method, many investors have benefited when it comes to managing risks resulting from market volatility especially in cryptocurrencies. Thus it is possible to accumulate a position in bitcoin or a potential altcoin without the anxiety of having the timing of when to enter the market right. Also, by investing such amount of money we have, one can establish a crypto basis or portfolio uniformly, not crises due to a high or low value of the constituent coins.

Thus, there are also airdrops and bounty campaigns to receive crypto without a big amount of money, aside from trading. But as always, one should be really cautious and always do one’s homework on these activities as not all the airdrops or bounties are somewhat shady.

[Hisbullah]

There is no need waiting for Bitcoin to dump hard or come very low to suit your anyone's pocket, if you are still waiting, wait no further because Bitcoin will be growing gradually till it becomes very expensive to purchase.
As at today, the price of Bitcoin,in my opinion, is still an open opportunity to buy for the long term. Remember that there are still individuals that has been Holding since 2018 and still counting, this is my candid advice, Bitcoin is not expensive yet, so step in and get your share today to the moon.

Bitcoin can be bought with the money we have even though it is only 410 so there is no need to worry about the increasingly high price of bitcoin. I agree with us not having to wait to have a large capital, but buy it gradually with the DCA method. The sooner we start collecting crypto assets the greater the benefits we will receive in the future.

[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.

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

Sometimes, emotions can make estimates that have been determined correctly change because they do something that is not in accordance with what has been previously determined very precisely. Investing in bitcoin is certainly promising, but once again, everything is left to yourself to be able to determine it you. Remember bitcoin is a long-term investment and cannot be rushed to taking action to determine when to start releasing without experiencing losses.