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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 83478 times)

Offline enwi

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Re: Is Bitcoin Too Expensive For Me?
« Reply #750 on: January 03, 2025, 02:10:54 PM »
I think there is no harm in conducting short or medium -term trading at this time. It is still true for purchases when there is a correction, because the opportunity to still increase is still open. If you really have funds, I think it is legitimate to do so, just unfortunately, the price is too high, so we are looking for alternatives that can be replaced and there is a lot of potential alcoins to be sought as a replacement.
I even think it is a better choice to do short or medium trading nowadays. If we want to have a long term holding, it is not the best time for buying the coins. Most coins have increased quite a lot although there are still many of them not reaching their ATH yet. I also buy some coins and set them to sell for a short or medium trading. Sure, we have many potential altcoins, the top altcoins can be the most recommended ones.
I also think the same as you, right now we should choose short and medium term investment because the price has gone up high, if we choose long term hold we can buy during the bearish season which will probably happen in 2026.
Right now I am buying some top altcoins and plan to hold medium term and sell them next year.
In addition I also do daily trading.
Having a portfolio that includes short or medium term investment, and day trading allows one to capitalise on opportunities within different market situations. By the use of this strategy, it becomes possible to trade when asset prices are at highs without necessarily stopping out, due to long term risks. By purchasing core altcoins with the intention of selling after a period, we are usual both capital gain and protection. This is very risky but we become profitable when we can trade in very volatile price moves within a single trading day. At every turn we demonstrate that it is not only the money being invested, but also creating a strategy based on experience that will pay off in the future.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #750 on: January 03, 2025, 02:10:54 PM »

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Offline bounceback

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Re: Is Bitcoin Too Expensive For Me?
« Reply #751 on: January 03, 2025, 05:35:59 PM »
I also think the same as you, right now we should choose short and medium term investment because the price has gone up high, if we choose long term hold we can buy during the bearish season which will probably happen in 2026.
Right now I am buying some top altcoins and plan to hold medium term and sell them next year.
In addition I also do daily trading.
Have many time with bearish season moment its my reason why set up short term target for trading right now, during bitcoin break new higher price have many time correction moment and easy take much profitable if set up for short term trading.
But not matter if want try long term trading set up if you have much money when bearish season coming still have capital to buy back at lower price and back up your correction before.
just make simple with trading as short term during bearish moment always come every week to buy back many bitcoin or having many altcoin assets.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #751 on: January 03, 2025, 05:35:59 PM »

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Offline 0t3p0t

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Re: Is Bitcoin Too Expensive For Me?
« Reply #752 on: January 03, 2025, 06:05:45 PM »
Have many time with bearish season moment its my reason why set up short term target for trading right now, during bitcoin break new higher price have many time correction moment and easy take much profitable if set up for short term trading.
But not matter if want try long term trading set up if you have much money when bearish season coming still have capital to buy back at lower price and back up your correction before.
just make simple with trading as short term during bearish moment always come every week to buy back many bitcoin or having many altcoin assets.
It doesn't really matter what kinda timespan we are using as long as we are profitable and comfortable with it some traders prefer scalping, swing or long term holding but what really is important is that we love what we are doing and it does not compromise our time, effort and of course our investment.

Offline Mr. Magkaisa

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Re: Is Bitcoin Too Expensive For Me?
« Reply #753 on: January 03, 2025, 06:44:22 PM »
        -      Since I entered the bitcoin industry, I have experienced buying bitcoin even if it is only worth $10, and even until now, any of us here still do it. Some people I know say that bitcoin is expensive when you buy it. These are the people who are ignorant about these matters.

Of course I said, if you buy one bitcoin, it is really expensive, but we can buy it even if it is only $10, this is what I told them. Then I even gave an example that it is good that with bitcoin even if it is $10, you can buy it and save, but with Gold you cannot buy $10 worth. So, it is easier to invest in bitcoin compared to Gold, this is what I told my acquaintance.

Offline Rubel007

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Re: Is Bitcoin Too Expensive For Me?
« Reply #754 on: January 03, 2025, 08:44:08 PM »
Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.

Offline doc

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Re: Is Bitcoin Too Expensive For Me?
« Reply #755 on: January 04, 2025, 12:22:34 AM »
Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
Currently I no longer use the DCA method to buy bitcoin and altcoin because the price is already high. I only buy coins when the market is correcting.
Bitcoin is a coin that has high potential to rise this year, because the demand for bitcoin is quite high, so when a correction occurs, it doesn't take long for the price of bitcoin to rise again.

Offline Uruhara

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Re: Is Bitcoin Too Expensive For Me?
« Reply #756 on: January 04, 2025, 01:36:39 AM »
Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
Talking about the long term, doing DCA on bitcoin is indeed the right solution. But if the goal is short term then I don't really recommend it, especially for those who are not used to the current volatility. But I'm sure those who are into bitcoin are mostly long term. So whatever the price, it will continue to accumulate. So it is not surprising that currently the support that Bitcoin has is very strong and well Bitcoin doesn't seem like it will fall that much from the 90k point and will continue to bounce back to penetrate 100k again.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #756 on: January 04, 2025, 01:36:39 AM »


Online Bobcrypto

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Re: Is Bitcoin Too Expensive For Me?
« Reply #757 on: January 05, 2025, 08:36:40 AM »
Have many time with bearish season moment its my reason why set up short term target for trading right now, during bitcoin break new higher price have many time correction moment and easy take much profitable if set up for short term trading.
But not matter if want try long term trading set up if you have much money when bearish season coming still have capital to buy back at lower price and back up your correction before.
just make simple with trading as short term during bearish moment always come every week to buy back many bitcoin or having many altcoin assets.
It doesn't really matter what kinda timespan we are using as long as we are profitable and comfortable with it some traders prefer scalping, swing or long term holding but what really is important is that we love what we are doing and it does not compromise our time, effort and of course our investment.

To some extent, it does not  matter on the use of any trading Time Frames (that is, High Time Frame or Low Time Frames) because there of different types of trading, it all depends on individuals strategies.
For example, a day trader or a scalper, normally uses Low Time Frames, it is suitable for this traders because they can exist the market before or at the end of the day. A day trader may used a lower time frame with certain market indicators, while a scalper may apply the lowest Time (that is, from 1 minute to 1 hour ) frames to quickly close his/her trades with a little profit margins.

Offline $crypto$

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Re: Is Bitcoin Too Expensive For Me?
« Reply #758 on: January 05, 2025, 01:37:17 PM »
Now it is known to all that even if Bitcoin drops a little from where it is currently, it is unlikely to drop much because there are now a lot of investors and the demand is constantly increasing. Since the supply of Bitcoin is limited. Therefore, it is natural that its price will increase. For long-term investment, I think it is better to invest only in Bitcoin by following DCA. There is no way to say when the price of Bitcoin will increase or decrease, so investing only in Bitcoin regularly will be more profitable.
Talking about the long term, doing DCA on bitcoin is indeed the right solution. But if the goal is short term then I don't really recommend it, especially for those who are not used to the current volatility. But I'm sure those who are into bitcoin are mostly long term. So whatever the price, it will continue to accumulate. So it is not surprising that currently the support that Bitcoin has is very strong and well Bitcoin doesn't seem like it will fall that much from the 90k point and will continue to bounce back to penetrate 100k again.
Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.

However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.

Offline bounceback

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Re: Is Bitcoin Too Expensive For Me?
« Reply #759 on: January 05, 2025, 10:17:20 PM »
Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.

However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.

Offline UNIVERSE

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Re: Is Bitcoin Too Expensive For Me?
« Reply #760 on: January 05, 2025, 10:59:24 PM »
Currently I no longer use the DCA method to buy bitcoin and altcoin because the price is already high. I only buy coins when the market is correcting.
It is a good decision. We don't need to force ourselves to buy Bitcoin every time. If the price is likely too high for entry, it is better to wait for the correction time.

Bitcoin is a coin that has high potential to rise this year, because the demand for bitcoin is quite high, so when a correction occurs, it doesn't take long for the price of bitcoin to rise again.
Bitcoin will increase high, it is because the effect of Trump. But make sure to have the right plan to take profits. It may reach its peak price soon in this year. Once it achieves its peak, it will drop gradually to the low price again. So we must be careful to decide buying Bitcoin, always do deep analysis.


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Re: Is Bitcoin Too Expensive For Me?
« Reply #761 on: January 05, 2025, 11:41:51 PM »
Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.

However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.

Offline yohananaomi

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Re: Is Bitcoin Too Expensive For Me?
« Reply #762 on: January 06, 2025, 04:57:05 AM »
Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.

However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.
It should be, as you said, and must adjust to the current situation where it is when an increase will occur. Therefore, short-term trading is very promising because the movements that occur change very quickly, so that they produce a difference that we can get for profit.
The target is always well determined so that when it has been achieved, we let go and don't be greedy, because we can lose the opportunity to make a profit.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #763 on: January 07, 2025, 04:51:04 AM »
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?.

Buying Bitcoin is a very good option rather than going to the altcoins sea, as it is filled with lots of pump and dump coins. Though the price of Bitcoin is high, it is not too late to buy the fractions your funds can afford.

Good thing about you buying Bitcoin is that Bitcoin is more like a store of value and profit is always possible in Bitcoin no matter the period you made your investment, though you must have in mind that there come the times where the entire market faces a bear run, which Bitcoin is the top leader, fear not, cause that is the bear season, where the market will be filled with lots of red candles. What takes everyone out of this season is being calm and patient.

While you invest in Bitcoin, you can also go forth making Personal research about the crypto industry. This is vital for your own personal decision making as you continue to grow here.
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Offline enwi

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Re: Is Bitcoin Too Expensive For Me?
« Reply #764 on: January 08, 2025, 10:40:48 AM »
Taking advantage of short-term price fluctuations can still be done, and some people do. They buy when the price of bitcoin drops and sell when bitcoin goes up again, and so on.

However, this also requires good knowledge and analysis so that we can enter at the right time. However, the long term can be said to be safer, because with DCA the amount will always accumulate and will become an average purchase.
Market not stable yet and easily corrected around each two or three days every week seems effective take advantage by short term trading, I think its worth it when bitcoin drop buy back and sell later after price increasing. I think prepare large fund for short term trading not get difficult earn much profit for every correction have opportunity for bitcoin dropping more than 5% and we can sell later profit set up around 6% to 10%.
But when bitcoin huge increasing looks disappointed for short term trading imagine if hold their bitcoin assets with potential profitable earn more than 100%.
Short or long term trading is adjusted to current market conditions. Bullish season is likely to occur this year, so in my opinion the most suitable is short term trading, buy hold until it is in accordance with the target we want this year.
The right step is to fine tune the trading strategies according to the market situation with a view to giving optimal churn to the opportunities available. Where the potential for bullish appears to be stronger, it may be better to select and make short-term trades that have goals since these can be more easily defined. It means that we can get our revenues more quickly and still keep an eye on fluctuation of the markets. But the most important point is that none of the decisions being made are made hastily or because of some predictable reaction on the part of the other side. It means that opportunities that are emerging with environment should be tapped only after lot of caution while the plans that are prepared with aim to look for definite results should be undertaken in a careful approach. Thus it is as important for us to recall that Bitcoin still has very high potential as far field remains to be supplied by the miners.

 

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