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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 82911 times)

Offline dekafee79

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Re: Is Bitcoin Too Expensive For Me?
« Reply #615 on: October 01, 2024, 11:02:42 PM »

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.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #615 on: October 01, 2024, 11:02:42 PM »

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Re: Is Bitcoin Too Expensive For Me?
« Reply #616 on: October 02, 2024, 09:31:27 AM »

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.
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
Agreed, we must always be calm and patient is very important to retain the feature that all the decisions are made knowingly and not emotionally. Besides, Bitcoin can be consider as a strong investment, however there should be stronger diversification in order to minimize the risks. Investing in the highest ranking altcoins can be more benefecial for portfolio because besides the freedom of higher gains they are also less risky than investing in unknown or less popular coins. It also can reduce the risk of losing money on investments by sharply fluctuating on a particular asset on the market.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #616 on: October 02, 2024, 09:31:27 AM »

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Re: Is Bitcoin Too Expensive For Me?
« Reply #617 on: October 02, 2024, 10:57:20 AM »
As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.

If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.

Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.

As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
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Offline MRY

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Re: Is Bitcoin Too Expensive For Me?
« Reply #618 on: October 04, 2024, 07:20:18 PM »
As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.

If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.

Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.

As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #619 on: October 04, 2024, 08:22:42 PM »
As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.

If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.

Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.

As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.

Offline nakmantu99

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Re: Is Bitcoin Too Expensive For Me?
« Reply #620 on: October 05, 2024, 11:33:03 AM »
As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.

If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.

Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.

As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
Doing diversification on investing in crypto is the best way to increase the chances of getting profit because we choose some potential coins both bitcoin and altcoin, of course the top coins and we have observed the coins and made an analysis. because before choosing a coin, you should observe and the character of the coin in the market and we can compare it with the previous cycle.

Offline milewilda

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Re: Is Bitcoin Too Expensive For Me?
« Reply #621 on: October 05, 2024, 02:44:59 PM »
As a newbie in the Crypto world, it's a very nice question you just asked and I believe you are making research more about the crypto world for you to be able to bring this topic.

If I would share a little experience of mine, when I just came into the crypto world I focused on purchasing altcoins, why?
Just because I felt they are more cheaper and affordable. Without much research about the altcoin to buy, I just dived into a pump and dump token, quite fortunate for me I didn't put much fund into my first purchase.
A week later after my purchase, the coin dumped to it's delisting from the exchange and I had to learn how to make research to gain wide knowledge before venturing into purchasing any Crypto asset.

Furthermore, I never knew that BTC can be bought in fractions that's the reason I never purchased since I can't afford to get one piece.

As a newbie and with my little experience shared, I'll advise you to buy little fractions of BTC and HODL for the near future. It is more safer and profit orientated.
Unfortunately, only concentrating on Bitcoin, there is no assurance that it is safe and the right one for everybody. As for options, the crypto market has offered opportunities through altcoins meaning that the higher you go, the bigger your chances of profits if you are willing to take greater risks. If your experience with altcoins has been negative, don’t assume this will be the outcome with all the present and future altcoins. It is not about holding Bitcoin or that specific asset but engage in research and from that know fully well the project behind each coin. The world of altcoins does offer many promising currencies that offer high growth potential, and it is entirely possible to diversify into far more profitable investments than justBitcoin alone.
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
Doing diversification on investing in crypto is the best way to increase the chances of getting profit because we choose some potential coins both bitcoin and altcoin, of course the top coins and we have observed the coins and made an analysis. because before choosing a coin, you should observe and the character of the coin in the market and we can compare it with the previous cycle.
Diversification would really be always the best thing to be done when you do make out some investment on which its not really that limited to crypto but also into other traditional investment as well. It will really be that something normal to have or you do need to consider on which making up diversification do really have that much less riskier but you will really be needing up more capital on doing so on which we know that not all would really be having when we do speak about capital. Its really that important that you should really be considering out on accepting those risks involved because in every investment you do made will having that risks on which its normal.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #621 on: October 05, 2024, 02:44:59 PM »


Offline KryptoBull

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Re: Is Bitcoin Too Expensive For Me?
« Reply #622 on: October 05, 2024, 02:45:28 PM »
I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.

The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #623 on: October 05, 2024, 07:47:31 PM »
Welcome to the forum! It’s great to see your interest in crypto. Bitcoin can seem expensive, but remember, you don’t have to buy a whole coin—you can purchase a fraction of it!

If you’re just starting out, it might be worth considering a mix: buy a small amount of Bitcoin for its long-term potential and explore some altcoins that fit your budget. Altcoins can offer exciting opportunities, especially if you do your research. Just make sure to invest what you can afford to lose, and enjoy the journey into the crypto world!

Offline nakmantu99

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Re: Is Bitcoin Too Expensive For Me?
« Reply #624 on: October 06, 2024, 06:36:54 AM »

Diversification would really be always the best thing to be done when you do make out some investment on which its not really that limited to crypto but also into other traditional investment as well. It will really be that something normal to have or you do need to consider on which making up diversification do really have that much less riskier but you will really be needing up more capital on doing so on which we know that not all would really be having when we do speak about capital. Its really that important that you should really be considering out on accepting those risks involved because in every investment you do made will having that risks on which its normal.
Actually, we can diversify with the same capital, just divided into several coins, so it doesn't need a large capital, mate. For example, a capital of $ 1K is divided into the top 5 coins bitcoin, ethereum, BNB, Solanan and TON all $ 200. This is also possible and we can increase the opportunity to gain more profit, because we divide it into the 5 coins above.

Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.

The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Of course, large capital owners who want to invest in crypto will prefer Bitcoin because it is safer and has the potential to get higher profits, although not as big as if we invested in altcoins, because the risk of altcoins is higher with relatively unstable prices.


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Re: Is Bitcoin Too Expensive For Me?
« Reply #625 on: October 06, 2024, 07:18:28 PM »
Bad emotions will affect our decisions, that's why many people advise us to stay calm and patient. Don't rush into making decisions. And as you said invest in bitcoin because it is very promising, I agree with that bitcoin is still a priority for investment. but we must diversify by buying top altcoins.
Bad emotion control, mean bad decision. When we can't control emotion, we may feel illogically. Any people who want to invest or trade in crypto, they must have good emotion control. I think it is one of the requirements for doing any jobs in crypto. It is also the key to succeed in crypto.

I agree, we should diversify our crypto investment, because we don't only rely on bitcoin, we can buy potential altcoins to get bigger profits. Bitcoin is a priority, but there are still many safe and more profitable altcoins to hold.
It is not a must to diversify assets in crypto. But it is good that we want to diversify assets in crypto and in non crypto. Some people invest in crypto and in physical assets, too. I think it is a wise decision although it is no wrong if people want to diversify on potential altcoins.

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Offline Rami

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Re: Is Bitcoin Too Expensive For Me?
« Reply #626 on: October 07, 2024, 05:06:03 PM »
Greetings to everyone.

As the crypto market continues to grow, we often observe its impact on all the tokens currently in operation. Due to the promotion and trend of these digital currencies, non-enthusiasts have begun to show interest, making purchases to profit for themselves or for other reasons that matter to them.

As a non-crypto enthusiast hearing about Bitcoin and others for the first time, I chose to get involved by making a few purchases, knowing fully well that the price of Bitcoin is high and my funds won't go a long way in terms of price difference.

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?.
Hey there! It’s great to see you getting involved in crypto! Bitcoin can seem pricey, but remember, you don’t have to buy a whole coin—you can buy a fraction of it. That said, if you’re looking for more bang for your buck, exploring altcoins could be a good move, especially if you find projects with solid potential. Just make sure to do your research and understand what you’re investing in. Diversifying your investments can also help spread the risk. Whatever you choose, just invest what you can afford to lose and enjoy the journey!

Offline Themepen

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Re: Is Bitcoin Too Expensive For Me?
« Reply #627 on: October 07, 2024, 05:14:34 PM »
Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.

The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Yes you are right Bitcoin is widely accepted and easy to buy and sell making it appealing to big investors. Its value and stability make it good choice for cautious investors. By the way it is important to diversify your investment as many other cryptocurrencies means in altcoins have great option or you can say good strategy.

Bitcoin high price can scare new investors leading them to consider alternatives like AVAX NEAR DOT BNB ETH POL or other popular coins or memecoins. These options offer more noticeable ownership. This shows how emotions like greed and fear of missing out can affect investment decisions.

Offline rizqillah

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Re: Is Bitcoin Too Expensive For Me?
« Reply #628 on: October 07, 2024, 11:43:38 PM »
Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.

The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Yes you are right Bitcoin is widely accepted and easy to buy and sell making it appealing to big investors. Its value and stability make it good choice for cautious investors. By the way it is important to diversify your investment as many other cryptocurrencies means in altcoins have great option or you can say good strategy.

Bitcoin high price can scare new investors leading them to consider alternatives like AVAX NEAR DOT BNB ETH POL or other popular coins or memecoins. These options offer more noticeable ownership. This shows how emotions like greed and fear of missing out can affect investment decisions.
Bitcoin has always been the main choice for big investors because bitcoin is safer and of course it is certain to get profit if investing in bitcoin because the price of bitcoin will be more expensive if held for a long time. And diversification is a way to increase our chances of getting profit by investing in a choice of several potential coins.

Offline nakmantu99

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Re: Is Bitcoin Too Expensive For Me?
« Reply #629 on: October 08, 2024, 12:32:02 AM »
Large investors tend to choose BTC due to its wide acceptance and high liquidity. Those seeking maximum safety in the crypto market always invest in BTC as it's the best and most valuable crypto. However, from an investment perspective, many altcoins are also very promising and deserve a place in our portfolio.

The high price of BTC can also be a psychological barrier for new investors. When investing 1K USD, they won't receive just 0.015 BTC but dozens of tokens of AVAX, NEAR, DOT... or even millions of popular memecoins. This might not just be a misunderstanding, it's an issue related to investor greed and FOMO.
Yes you are right Bitcoin is widely accepted and easy to buy and sell making it appealing to big investors. Its value and stability make it good choice for cautious investors. By the way it is important to diversify your investment as many other cryptocurrencies means in altcoins have great option or you can say good strategy.

Bitcoin high price can scare new investors leading them to consider alternatives like AVAX NEAR DOT BNB ETH POL or other popular coins or memecoins. These options offer more noticeable ownership. This shows how emotions like greed and fear of missing out can affect investment decisions.
Bitcoin has always been the main choice for big investors because bitcoin is safer and of course it is certain to get profit if investing in bitcoin because the price of bitcoin will be more expensive if held for a long time. And diversification is a way to increase our chances of getting profit by investing in a choice of several potential coins.
no doubt bitcoin is always the safest choice in investing and top coins as coins [choice to diversify, I also invest more than 10 coins because I prefer to spread my capital on many assets, although it takes time to always watch the market because some of my coins are for short and medium term.

 

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