Is Bitcoin Too Expensive For Me?

[salad daging]

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.

Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.

ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.

[MRY]

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.

Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.

ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.

Well, That is why choosing Bitcoin as a long-term investment can be a wise decision that much depends on our capabilities to work with fluctuations in prices and earned profit during a bullish phase. Other than depending on the sales goals in a bullish market, it is also possible to adopt the following general diversification. For instance, we can invest a very small percentage of the entire portfolio in other more traditional and less risky tokens like stablecoins or some of the altcoins that may take time to see their growth. In this structure, we do not rely on this one asset but also have several other potential assets so that profit making will be easier when dealing with the uncertainties of the market.

[Hisbullah]

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.

Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.

ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.

But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.

[royalRitta]

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.

Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.

ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.

But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.

When BTC rallies for real, so will ETH.
We should hold onto our bags for now, in my opinion.

[bounceback]

But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.

Since dropping under $2,1k ethereum price have difficulty for following the bitcoin price movement, usually only Ethereum as top altcoin get faster recovery after following bitcoin price raise to higher price but have been last three months Ethereum have stable or lower price than usually get easily recovery.
I am holding Ethereum after investing on higher price but keep believing with Ethereum have potential break to higher price later around few weeks or few months later depend how much price increasing of bitcoin, will bounce again above $70k and break to $80k?

[Gurujebs]

When BTC rallies for real, so will ETH.
We should hold onto our bags for now, in my opinion.

This hypothesis of the crypto market is changing. I'm not sure if you have been looking at the market recently, Bitcoin is already trading at 67k and which is just $10k away from heating the all time high but ethereum is still 40% from its all time high, that tells you that Ethereum isn't moving like it's expected with Bitcoin unlike before.

I'm not sure may be it's the curiosity of the investors that is making everyone that way but I know that things have change. I hope ethereum have another trend so it can have the momentum to move as Bitcoin is making moves, it will even give confidence to the altcoins market that there is hope for them later.

[Mr. Magkaisa]

         -       Everyone here or most of them know that anyone can buy Bitcoin even for only 10$, and many people do that even in this day and age. That's why if you invest in bitcoin and you are a rich person, you definitely have the advantage to get profit in Bitcoin, that's for sure.

that's why others who are so-called rich are doing DCA so that somehow they have accumulated btc in their wallet while we are not yet in the so-called rally or take off price of bitcoin in the market.

[Hisbullah]

         -       Everyone here or most of them know that anyone can buy Bitcoin even for only 10$, and many people do that even in this day and age. That's why if you invest in bitcoin and you are a rich person, you definitely have the advantage to get profit in Bitcoin, that's for sure.

that's why others who are so-called rich are doing DCA so that somehow they have accumulated btc in their wallet while we are not yet in the so-called rally or take off price of bitcoin in the market.

Actually I am not a rich person and trying to add bitcoin collection in my wallet DCA method,. I buy bitcoin from the profit of trading that I do. Not much but I buy every time I get profit from trading and also rewards from participating in bounty campaigns.
No need to be rich if we invest in bitcoin because we can buy bitcoin with the money we have even if it is only $ 10

[salad daging]

Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.

ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.

But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.

That's a good target to sell bitcoin at $100K many investors hope that next year it can be realized at that price.
I will release some BTC holdings at $100K and the rest maybe if it rises to $150K will sell the rest so that the profit is maximized again.

Regarding ETH, which has not been able to rise to the price of $3K again, maybe not at this time now the price is still going sideways, it will be when the market starts to rise significantly again, ETH will advance upwards.

[0t3p0t]

         -       Everyone here or most of them know that anyone can buy Bitcoin even for only 10$, and many people do that even in this day and age. That's why if you invest in bitcoin and you are a rich person, you definitely have the advantage to get profit in Bitcoin, that's for sure.

that's why others who are so-called rich are doing DCA so that somehow they have accumulated btc in their wallet while we are not yet in the so-called rally or take off price of bitcoin in the market.

Actually I am not a rich person and trying to add bitcoin collection in my wallet DCA method,. I buy bitcoin from the profit of trading that I do. Not much but I buy every time I get profit from trading and also rewards from participating in bounty campaigns.
No need to be rich if we invest in bitcoin because we can buy bitcoin with the money we have even if it is only $ 10

True but seems transactions fees are also rising just recently from 1sats/vb to more or less 10 so I think we have this idea to wait a little bit because fees is consuming much from our investments maybe we have to make it like if fees will continue to rise then buying every 2 weeks or once a month is better to save fees. DCA would be the best choice for frugal investors of course no doubt about that.

[UNIVERSE]

True but seems transactions fees are also rising just recently from 1sats/vb to more or less 10 so I think we have this idea to wait a little bit because fees is consuming much from our investments maybe we have to make it like if fees will continue to rise then buying every 2 weeks or once a month is better to save fees.

Yes, Bitcoin transaction fees are increasing quite a lot in the last few days. Now, the fee transaction is below 10 sat/Vb. It is lower than the transaction fees few days ago, at that time I saw it was almost 20 sat/Vb. I don't know if it increases every 2 weeks but it is increasing in this month. I think it may be caused by the increase of the demand in the market because we almost reach the end of this year. There is a good sentiment of bullish time in October-December.

[satpol_PP]

True but seems transactions fees are also rising just recently from 1sats/vb to more or less 10 so I think we have this idea to wait a little bit because fees is consuming much from our investments maybe we have to make it like if fees will continue to rise then buying every 2 weeks or once a month is better to save fees.

Yes, Bitcoin transaction fees are increasing quite a lot in the last few days. Now, the fee transaction is below 10 sat/Vb. It is lower than the transaction fees few days ago, at that time I saw it was almost 20 sat/Vb. I don't know if it increases every 2 weeks but it is increasing in this month. I think it may be caused by the increase of the demand in the market because we almost reach the end of this year. There is a good sentiment of bullish time in October-December.

Transaction fees will always increase if the price of bitcoin and traffic increases, that's normal. So if we want to make a transaction, we should consider carefully choosing a cheaper network. I prefer to use the BSC and Solana networks for my transactions. It seems that the gas fee will increase if the price of bitcoin touches more than $ 70K or maybe bitcoin will reach a new ATH soon.

[Mr. Magkaisa]

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.

Because of the knowledge he has, he chose bitcoin over others, because long-term investing is more profitable, he chose this path.
About selling when it is clear because it already has a target and the most suitable selling is when the bullish season arrives and maybe that's next year.

ETH can be said to be not much different from bitcoin will always follow in the footsteps of bitcoin in terms of increase or even though there are some differences.

But for the last 3 months it seems that ethereum has difficulty following the movement of bitcoin prices, hopefully next year ethereum shows good progress.
I also plan to sell bitcoin next year because I hope bitcoin will reach ATH $ 100K or more.

          -      As I see this bitcoin industry that we are living in now, many people are waiting for bitcoin to reach the price value of 100k$ because there are many people who will sell at that price. Well,  I am not expecting a big profit to be made from bitcoin.

Because most of my holdings are not actually in Bitcoin instead of other top altcoins and top meme coins in the market, that's what I believe right now, even though it's my first time to face the bull run.

[yohananaomi]

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.

The character of bitcoin is to always do what you say, and it will return to what it has done either when it goes down or when it goes up. So many are very interested in being able to invest in it. The problem is the price is too expensive, but it can be tricked with DCA so that one day you can get the value we want.
Regarding trust, bitcoin is clearly more than altcoin, but once again, it doesn't mean that there are no good altcoins and are able to follow the movement of bitcoin. Of course there are, and you just have to analyze it them

[rizqillah]

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The character of bitcoin is to always do what you say, and it will return to what it has done either when it goes down or when it goes up. So many are very interested in being able to invest in it. The problem is the price is too expensive, but it can be tricked with DCA so that one day you can get the value we want.
Regarding trust, bitcoin is clearly more than altcoin, but once again, it doesn't mean that there are no good altcoins and are able to follow the movement of bitcoin. Of course there are, and you just have to analyze it them

Yes, even though the price of bitcoin is expensive, we can buy it gradually with the DCA method, many people do this. I also buy bitcoin with the DCA method, although sometimes I also buy altcoins that I think are good.
Bitcoin is still the most potential coin and I prefer bitcoin to altcoin because I want to invest in safe coins