Is Bitcoin Too Expensive For Me?

[doc]

There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.

People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. 

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

[rizqillah]

There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.

People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. 

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

Two emotions that should be controlled when investing are fear and greed. Both are very dangerous, because greed makes us do things that are not in accordance with what was planned, such as holding longer to get more profit and we never know what will happen in the crypto market because sometimes the market suddenly drops. While fear also makes us not dare to take a chance.

[yohananaomi]

There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.

People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. 

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

Two emotions that should be controlled when investing are fear and greed. Both are very dangerous, because greed makes us do things that are not in accordance with what was planned, such as holding longer to get more profit and we never know what will happen in the crypto market because sometimes the market suddenly drops. While fear also makes us not dare to take a chance.

I totally agree with what you said, because we will find it difficult to control ourselves and accuracy to anticipate because of the two problems we face.
Planning is good, but when greed has hit it, it is no longer realistic and always expects more than what has been determined, so that the momentum is lost, and we do not get what we should have gotten.
As well as the fear of executing because of the inability to read the existing situation so that we do not dare to decide to do it on time.

[milewilda]

There are many people who had the opportunity to buy Bitcoin at a low price in 2018 but they did not buy Bitcoin at that time. They did not buy it even in 2022 and 2023. Today, in 2024, the price of Bitcoin is close to 100k. If they do not buy it yet, then in the future they will have to try to buy Bitcoin at 1 million. And at that time, many investors will not be able to buy Bitcoin as expected even if they try. As expensive as Bitcoin seems today, tomorrow this price will continue to increase. So the decision should be taken as early as possible.

People may be not confident to buy Bitcoin at that time. The price of Bitcoin was still rather cheap, there was no country that made it as a legal tender. There were many bad issues about Bitcoin, it was also predicted to not last a long time. So, people became afraid to buy Bitcoin, they prefer to buy other assets. In 2022-2023, Bitcoin was below $30k, it even was below $20k. But people also still didn't have no courage to buy Bitcoin. People just feel confident to buy when it reached its ATH again in Q1 of this year. Well, this is the nature of human, they often feel afraid. 

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.

[enwi]

All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.

It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.

[UNIVERSE]

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

It is true, brother. If you are afraid, you will never have the chance to buy at a cheap price. It is because when crypto price is very cheap, it often has bad news. This always happens in every bearish season, people don't dare to buy because of the many bad news around. But for the experienced people, they are happy because it is the best time to buy Bitcoin. 2 years ago when Bitcoin price was below $20k, there were FUDs saying Bitcoin to be banned in each country in the world. This makes people be afraid, but professional investors mustn't care about it and they probably bought as many as possible Bitcoin at that time.

[bayu7adi]

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.

[alltalk]

If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.

I think people will target specific price, they actually don't really care about the time. If people still hold the Bitcoin, it is because they assume there will be higher price in the next year. However, the target should be realistic (reasonable), we don't be so greedy. Although it looks like there is a big chance for a higher price in the next year, we must be aware that there is no guarantee for this. We must understand that the market condition can change in a short time. So, we must always have some plans and get profits gradually to avoid the worse scenario.

[dekafee79]

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.

if the target for me is profit and when buying coins I always target to sell at a certain price, but if the market looks good and likely to go up I will sell some of my coins according to the initial target and hold some to sell at a higher price. It doesn't mean being greedy but we have to follow the market trend.

[LUCKMCFLY]

Bitcoin is an excellent long-term investment. If you invest for the long term, then Bitcoin is the best coin to invest in. If you maintain DCA to invest in Bitcoin, then you do not need to look at which direction the market has moved for your investment.

You said it, for me it is also the best investment because knowing that we do not have a btc as such yet, we can move forward in looking for one and that is with the DCA method, where it does not really matter what price it has now, always if it is bought gradually we will obtain more btc and that is good, it is not bad, we could say that in the world we are living in we must take advantage of every opportunity, we cannot waste the good things, that is why the DCA method is the one that gives the most hope to those who believe that their train has already passed and it has not.

[yohananaomi]

Fear sometimes makes people miss the opportunity to gain profit, it is a fact that always happens. I also often experience the same thing, that's why I started doing research and making analysis. I bought bitcoin 2 years ago and still hold it until now, I plan to sell it next year. Back when bitcoin was first launched, many also underestimated bitcoin, and now they may regret it.

If your target is time, then no matter what the price of Bitcoin is next year, it will give you a profit, but if your target is profit, then I am sure you will get a big profit now because the current price is more expensive than two years ago. The most important thing is to avoid greed that can reverse the situation at any time, in 2025 it is still possible for Bitcoin and some major altcoins to remain more expensive, and even have the potential to be even higher bullish due to the influence of the new US president who is quite interesting.

if the target for me is profit and when buying coins I always target to sell at a certain price, but if the market looks good and likely to go up I will sell some of my coins according to the initial target and hold some to sell at a higher price. It doesn't mean being greedy but we have to follow the market trend.

As someone who makes an investment, of course, wants to achieve the best possible profit, and you have done well, you should, have been able to determine the target to be taken if it has indeed reached an increase, not to be more greedy by waiting for it to rise higher, because it could be wrong to anticipate and there, would be a correction again. Sell some if you see a positive position that it will be able to increase again so that you can get good results and will not lose if there is a correction, you can still hold it.

[milewilda]

All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.

It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.

Acceptance and awareness on how things do work will really be the key when you do invest whether on Bitcoin or other crypto as well. Acceptance of the risks then you wont really be worrying too much if the investment would go south and if you arent that prepared or accepting the risks then it will really be that just making you impulsive which is why it is really that important that you do really know on what you are doing and on what you are involved into. Bitcoin is expensive? Its not needed to buy a whole but you could be able to buy in fractions on which it will really be that basing up to your financial capacity and not forcing yourself on investing on which you cant be able to do so.

[alltalk]

As someone who makes an investment, of course, wants to achieve the best possible profit, and you have done well, you should, have been able to determine the target to be taken if it has indeed reached an increase, not to be more greedy by waiting for it to rise higher, because it could be wrong to anticipate and there, would be a correction again. Sell some if you see a positive position that it will be able to increase again so that you can get good results and will not lose if there is a correction, you can still hold it.

Indeed, everyone who invests in Bitcoin, they must have a goal for profits. 
No problem if you are trying to get higher profits by expecting selling at the peak price. However, I prefer to take profits gradually, I don't keep all the Bitcoin to sell at the peak price. I know this way possibly ends up with selling at disappointing price. So, I sell the Bitcoin gradually. We can secure the profits and minimize the chance of missing best price for selling.

[Hisbullah]

All matters with risks taking on which at the moment or time that you do find yourself having such fear on investing into something because of having doubts because of losing money then you arent prepared for making investment neither on those traditional investments or here on crypto space. It would really be that up to you because risks taking will really be just that basing up on how serious you are and accepting on the possible risks that lies ahead when investing. Speaking about Bitcoin then you arent that forced to buy a whole coin but rather you could be able to accumulate in different fractions on which basing up into someones financial capacity.

It was mentioned earlier that every decision involves risk, and the fear due to decision making is natural human trait. But this fear can be controlled if we are willing to accept probable repercussions which we should be willing for. In this case, one can start small as per our ability in such investments and sometimes in the asset like bitcoins one can collect in progressive small amounts and the method is known as DCA. Thus, we can still appropriate, fairly and proportionately, without the feeling of bearing big risks. The most crucial academic to avoid sinking into easiness is that of avoiding being quickly influenced by the bad news and be keen in managing our assets to get the best out of the investment experience.

Acceptance and awareness on how things do work will really be the key when you do invest whether on Bitcoin or other crypto as well. Acceptance of the risks then you wont really be worrying too much if the investment would go south and if you arent that prepared or accepting the risks then it will really be that just making you impulsive which is why it is really that important that you do really know on what you are doing and on what you are involved into. Bitcoin is expensive? Its not needed to buy a whole but you could be able to buy in fractions on which it will really be that basing up to your financial capacity and not forcing yourself on investing on which you cant be able to do so.

In investing we must dare to accept risks. but with the right analysis and strategy because the risk in crypto investment will always be there.
Bitcoin is expensive, but we can buy according to our ability.

[CoinHolder]

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 want to tell you something about the things you mentioned. First of all, if you are an expert then you can buy altcoin . And if you are not very expert then you can buy Bitcoin for a long time. It will be better for you.