Is Bitcoin Too Expensive For Me?

[yohananaomi]

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.

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

[luckyledger]

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.

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

People should remember that they should trade and invest their funds responsibly - BTC is a more stable investment, alts can be traded and invested too especially the old ones - but they have a bit more potential in them, with risks intact.
Everybody can choose what suits them best on the market.

[Parzival204]

Well it does not really matter if you buy  with just portions of Bitcoin but what matters most is the fact that you bought a denomination that in the future might grow. I personally don't buy but I save my Bitcoin earnings from signature campaigns. Bit by bit it will become a what we called wealth in the future.

I agree with you. It's better to have a little bitcoin but it will benefit us in the future. Because Bitcoin will be more profitable in the long term investment

[Jating]

Well it does not really matter if you buy  with just portions of Bitcoin but what matters most is the fact that you bought a denomination that in the future might grow. I personally don't buy but I save my Bitcoin earnings from signature campaigns. Bit by bit it will become a what we called wealth in the future.

I agree with you. It's better to have a little bitcoin but it will benefit us in the future. Because Bitcoin will be more profitable in the long term investment

It's because of the mentality that we should be holding at least 1 Bitcoin in our wallet. That has been the ultimate goal of everyone, to join the 1 Bitcoin club. That's why there are small investors who thinks that Bitcoin is going to be expensive for them.

And if you look the numbers here,



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Only a small percentages actually hold 1 Bitcoin and higher. And again, after that we are the majority so it's not about if you can get into the 1 Bitcoin club, it's how many you can actually save before the price really goes up to the $1 million in the next 3-4 halvings.

[dekafee79]

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

Emotional control is very important in investing and experience will teach us to be able to control it. I also often have difficulty controlling my emotions even though I have been in crypto for a long time.
responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.

[pieppiep]

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

Emotional control is very important in investing and experience will teach us to be able to control it. I also often have difficulty controlling my emotions even though I have been in crypto for a long time.
responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.

Well,  It is true that controlling emotions while investing is one problem for many investors and it is not as simple as we think let alone in the volatile crypto space. Often experience will do, but the discipline of bringing application to investments is also necessary. Preservation of emotional health can be achieved through the willful adherence to long-term goals as opposed to been influenced by emotions to perform trades, because of short term market volatilities. Frequently, bitcoin is viewed as more secure due to its fixed rates in the long run, but alt can give even greater earnings if properly controlled and purchased at the proper time. Therefore by being patient and working at those two areas more, they also need to ensure they always adhere to the well laid strategy.

[summonerrk]

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

Emotional control is very important in investing and experience will teach us to be able to control it. I also often have difficulty controlling my emotions even though I have been in crypto for a long time.
responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.

Well,  It is true that controlling emotions while investing is one problem for many investors and it is not as simple as we think let alone in the volatile crypto space. Often experience will do, but the discipline of bringing application to investments is also necessary. Preservation of emotional health can be achieved through the willful adherence to long-term goals as opposed to been influenced by emotions to perform trades, because of short term market volatilities. Frequently, bitcoin is viewed as more secure due to its fixed rates in the long run, but alt can give even greater earnings if properly controlled and purchased at the proper time. Therefore by being patient and working at those two areas more, they also need to ensure they always adhere to the well laid strategy.

Previously, the disadvantage of Bitcoin was that it was very non-volatile, and the reason why many people went to altcoins was precisely their increased volatility. But now it is not so simple - Bitcoin even today shows strong price changes. And among the altcoins there is both reliable and strong Ethereum, and shitcoins, memecoins.

[Celph]

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

Yes..
This is certainly a good point to pick at considering the fact that bitcoin is more expemsive in price than altcoin,it is still better to purchasebitcoin rather than purchasing altcoinm
This is seemingly because bitcoin has a surer future than that of altcoim in the crypto world.
So therefore,it is advisable to purchase bitcoin rather than altcoin despite expensive ,it still has a surer chance to illuminate in the charts.

[alltalk]

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

Actually, both investors or traders must have good emotion control when they want to join crypto. In crypto, the prices are very volatile and sometimes unpredictable. It will be hard to deal with this situation if people have no good emotion control. Although emotion is human nature, but we can manage it with our knowledge.

Yep, Bitcoin has a smaller risk compared than Altcoins. However altcoins offer higher profits because they have higher volatility. If we want to get higher profits, we can try to invest in altcoins as well. But there is no problem if someone wants to invest in Bitcoin only. 

[salad daging]

responding to your comment bitcoin is the one with the smallest risk, this is true because bitcoin always provides benefits if held for the long term. Top altcoins are also safe, if we buy and sell at the right time. And altcoins are more profitable.

I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.

[yohananaomi]

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.

The worst enemy of an investor and trader is not being able to control himself from emotions because he experiences things that are not in accordance with his wishes, which must always continue to be in accordance even though there will be ups and downs, and it is natural that things will not be in accordance., Until now, I and also many people will say that bitcoin is the one with the least risk but never ignore the potential altcoin because it will also be equally profitable for those who hold it, it is not surprising that there are better profits than bitcoin.

People should remember that they should trade and invest their funds responsibly - BTC is a more stable investment, alts can be traded and invested too especially the old ones - but they have a bit more potential in them, with risks intact.
Everybody can choose what suits them best on the market.

Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.

[rachael9385]

Like a bro here have just said, I wouldn't advice you as a newbie to rush the purchase of a Bitcoin or any altcoin you just have to stay focused you have to gain very good knowledge of which so ever you want cause this altcoins can change at anytime and if you are not smart enough your funds would be gone.

So calm down and watch the crypto market and pay clear attention to anyone you think would be better and more profitable.

[bounceback]

Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.

Bitcoin is the only one cryptocurrency assets have small risk for investment not matter as short or long term, I don't think with problem of bitcoin have reach most expensive price but consistent keep faster recovery when going down than altcoin very difficult break to the higher price any more. Better investing in bitcoin not problem how most expensive price of bitcoin raise up until right now around $66k but bitcoin have consistent recovering to higher price.
If you want make investment with altcoin have cheapest price but can't guarantee will easily recovery or back to higher price in the future not matter how long keep hold it.

[debra]

I choose Bitcoin as a small risk investment because when the price has dropped, it can recover again, so it is not worrying in the next 5 years.
There are also altcoins that do not have many choices other than ETH and two other altcoins, these are also only a few that are invested because they are fully confident in btc.

Bitcoin is risky, we shouldn't doubt this. But whether it is small or high risk, it depends on your knowledge. If you have good knowledge, you can determine to choose the Bitcoin for any year. It can be below 5 years or above 5 years. You probably follow the bullish and bearish season period. You must always to have a goal selling the Bitcoin in the bullish season.

Ethereum is almost the same as Bitcoin. Altcoins also has small risk if we know well the Ethereum. But the volatility of Ethereum can be higher, we must be careful on this matter.

[Hisbullah]

Until now, Bitcoin was indeed the best investment with a small risk, but it has an expensive price, so that not everyone will be able to buy and hold it. Every investment made must be properly accounted for in order to achieve the desired value because crypto is very difficult to predict. All choices really depend on yourself. If you feel that there is a good altcoin and it can be used as an investment, then do it responsibly so that you can produce.

Bitcoin is the only one cryptocurrency assets have small risk for investment not matter as short or long term, I don't think with problem of bitcoin have reach most expensive price but consistent keep faster recovery when going down than altcoin very difficult break to the higher price any more. Better investing in bitcoin not problem how most expensive price of bitcoin raise up until right now around $66k but bitcoin have consistent recovering to higher price.
If you want make investment with altcoin have cheapest price but can't guarantee will easily recovery or back to higher price in the future not matter how long keep hold it.

that's the reality, bitcoin always recovers when it experiences a price drop. Bitcoiin is the safest coin to invest in and it is always a priority for crypto lovers. Bitcoin will always recover first and not all altcoins can follow it and that's the fact. Many investors believe in bitcoin more than altcoins, I think that's natural. because bitcoin is the king of crypto currency and altcoins are just its followers.