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Author Topic: Is Bitcoin Too Expensive For Me?  (Read 82902 times)

Offline tequilla_sunset

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Re: Is Bitcoin Too Expensive For Me?
« Reply #765 on: January 08, 2025, 11:28:57 AM »
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.

2025 is the year when Bitcoin should go and break previous ATHes, so I do agree with the fact that one may try and buy it now at any price, and it would be even wiser just to hold it till the next bull cycle to reap even more.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #765 on: January 08, 2025, 11:28:57 AM »

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Re: Is Bitcoin Too Expensive For Me?
« Reply #766 on: January 08, 2025, 02:28:09 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%.
That is a risk that must be taken, which means when they do this it can make them a little behind the ship that will sail even further. Well, this is something that must be considered too, because basically we have to be ready for that.

Like for example when the price is still in the range of 60k to 70k, then it jumps rapidly to 100k, well I think there will be a little regret.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #766 on: January 08, 2025, 02:28:09 PM »

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Offline Mr. Magkaisa

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Re: Is Bitcoin Too Expensive For Me?
« Reply #767 on: January 08, 2025, 05:43:10 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%.
That is a risk that must be taken, which means when they do this it can make them a little behind the ship that will sail even further. Well, this is something that must be considered too, because basically we have to be ready for that.

Like for example when the price is still in the range of 60k to 70k, then it jumps rapidly to 100k, well I think there will be a little regret.

      -      You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.

So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?

Offline Hisbullah

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Re: Is Bitcoin Too Expensive For Me?
« Reply #768 on: January 08, 2025, 10:11:14 PM »

      -      You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.

So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
We can indeed buy bitcoin gradually according to our ability, with $ 10 we can have bitcoin. It is indeed small but if we start saving consistently it will become a lot for one year.
because bitcoin is a good asset for long-term holding, we can do the DCA method.
Bitcoin is indeed expensive if you buy 1 BTC, but we can buy in small amounts, because you don't have to buy 1 BTC.
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Online $crypto$

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Re: Is Bitcoin Too Expensive For Me?
« Reply #769 on: January 09, 2025, 01:19:05 PM »
That is a risk that must be taken, which means when they do this it can make them a little behind the ship that will sail even further. Well, this is something that must be considered too, because basically we have to be ready for that.

Like for example when the price is still in the range of 60k to 70k, then it jumps rapidly to 100k, well I think there will be a little regret.

      -      You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.

So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
Yes, that's what we think too, but in fact some people don't see it as something that is really worth doing. Even in some discussions there are people who ask whether they can still buy bitcoin or not when the price is already very high.

For beginners I still think this is a natural thing, but if the person is experienced then I am the one who questions why they are still questioning something that they should already understand.

Offline dave_strider

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Re: Is Bitcoin Too Expensive For Me?
« Reply #770 on: January 09, 2025, 01:57:04 PM »
Quote from: $crypto$ link=topic=313056.msg1697085#msg1697085
Yes, that's what we think too, but in fact some people don't see it as something that is really worth doing. Even in some discussions there are people who ask whether they can still buy bitcoin or not when the price is already very high.

For beginners I still think this is a natural thing, but if the person is experienced then I am the one who questions why they are still questioning something that they should already understand.

It's never too late to accumulate more Bitcoin.
The price we see now would be an Eden in a decade and more so further down the line.
So I truly agree with you - and newbies should just learn more about Bitcoin to understand that.

Online $crypto$

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Re: Is Bitcoin Too Expensive For Me?
« Reply #771 on: January 10, 2025, 02:52:19 PM »
Quote from: $crypto$ link=topic=313056.msg1697085#msg1697085
Yes, that's what we think too, but in fact some people don't see it as something that is really worth doing. Even in some discussions there are people who ask whether they can still buy bitcoin or not when the price is already very high.

For beginners I still think this is a natural thing, but if the person is experienced then I am the one who questions why they are still questioning something that they should already understand.

It's never too late to accumulate more Bitcoin.
The price we see now would be an Eden in a decade and more so further down the line.
So I truly agree with you - and newbies should just learn more about Bitcoin to understand that.
Some people feel they are too late, when in fact that is what will be an obstacle for them. When they see other people already making a profit, they are too afraid to have bitcoin because they are afraid the price will reverse.

Even though someone who already has bitcoin is still accumulating their bitcoin amount by doing DCA. With knowledge and experience, that doubt will disappear by itself, so never get tired of continuing to learn.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #771 on: January 10, 2025, 02:52:19 PM »


Offline yohananaomi

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Re: Is Bitcoin Too Expensive For Me?
« Reply #772 on: January 13, 2025, 05:23:12 AM »

      -      You know mate, the truth is that what happened before and until now is still the same, and the beauty of bitcoin that I also liked and at the same time is that we can buy it at least for 10$ so you can save it. Imagine if every week you could buy 10$ of bitcoin so for 1 month that would be 40$ as well.

So if you can do this for 1 year that is 120$ in a year, imagine how much bitcoin will be worth 5years from now?
The money we used to save it is probably worth a lot, right?
We can indeed buy bitcoin gradually according to our ability, with $ 10 we can have bitcoin. It is indeed small but if we start saving consistently it will become a lot for one year.
because bitcoin is a good asset for long-term holding, we can do the DCA method.
Bitcoin is indeed expensive if you buy 1 BTC, but we can buy in small amounts, because you don't have to buy 1 BTC.
Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.

Offline pieppiep

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Re: Is Bitcoin Too Expensive For Me?
« Reply #773 on: January 18, 2025, 01:43:34 PM »
Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.

Offline yohananaomi

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Re: Is Bitcoin Too Expensive For Me?
« Reply #774 on: January 21, 2025, 03:07:23 AM »
Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.

Offline debra

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Re: Is Bitcoin Too Expensive For Me?
« Reply #775 on: January 21, 2025, 11:19:30 PM »
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Bitcoin is a perfect coin for a long term holding. It is the fact, dude. Sure, everyone will agree because Bitcoin has proven to grow well from years to years.

Sure, Bitcoin plays a very crucial role in crypto space. Bitcoin can influence the prices of all altcoins in the market. That's why people always monitor the price movement of Bitcoin before they invest in any crypto coin. And people make Bitcoin to be their priority for investment. Bitcoin is like the main coin in crypto. Yes, buying with DCA is a good idea. But do it during the bearish season.


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Re: Is Bitcoin Too Expensive For Me?
« Reply #776 on: January 22, 2025, 03:30:59 PM »
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Bitcoin is a perfect coin for a long term holding. It is the fact, dude. Sure, everyone will agree because Bitcoin has proven to grow well from years to years.

Sure, Bitcoin plays a very crucial role in crypto space. Bitcoin can influence the prices of all altcoins in the market. That's why people always monitor the price movement of Bitcoin before they invest in any crypto coin. And people make Bitcoin to be their priority for investment. Bitcoin is like the main coin in crypto. Yes, buying with DCA is a good idea. But do it during the bearish season.
Bitcoin does have a brilliant image of being an awesome long-run financial investment asset, and the asset value remains a reference in the world of cryptocurrency. Due to this, investors seeking stable brands and potentially profitable stocks select it year after year. The immense impact it has on altcoins also consolidates its dominance of the marketplace. Thus it is advisable that a gradual buying strategy, particularly during a bear market is the correct move in order to optimise the future results. Bitcoin integration in yours and my portfolio remains no other but a rational course of action and as a result we place a lot of emphasis in the never ending enhancement of the technological aspect.

Offline debra

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Re: Is Bitcoin Too Expensive For Me?
« Reply #777 on: January 22, 2025, 11:48:17 PM »
Bitcoin does have a brilliant image of being an awesome long-run financial investment asset, and the asset value remains a reference in the world of cryptocurrency. Due to this, investors seeking stable brands and potentially profitable stocks select it year after year. The immense impact it has on altcoins also consolidates its dominance of the marketplace. Thus it is advisable that a gradual buying strategy, particularly during a bear market is the correct move in order to optimise the future results. Bitcoin integration in yours and my portfolio remains no other but a rational course of action and as a result we place a lot of emphasis in the never ending enhancement of the technological aspect.
Indeed. Bitcoin becomes one of the most popular assets in the world nowadays. People are aware that Bitcoin have a big potential to increase its value in the future. Sure, it is better to have Bitcoin in our portfolio. It should be the main assets among other crypto coins. We know Bitcoin is the most recommended coin, its price history is very clear. Bitcoin adoption is also more massive. So Bitcoin investment becomes a common asset for most people nowadays.


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Re: Is Bitcoin Too Expensive For Me?
« Reply #778 on: January 23, 2025, 04:15:04 AM »
Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Dont make yourself that thinking that you do need up to complete or buy a whole coin on which we know that we can be able to buy in fractions. Its not bad to have targets but we do know that when it comes to financial capacity then each person would really be that different into this approach and this is why its really that important that you do really know on how to set up your goals when it comes to investment. So it will really be that too impossible that you cant be able to determine on what are the ways or methods that you will be that doing because it will be that recommended that you should be having that good financial management because if you dont then you will be having that huge issue.

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Re: Is Bitcoin Too Expensive For Me?
« Reply #779 on: January 23, 2025, 12:06:33 PM »
Agree with your way of thinking because bitcoin is a long-term investment and the price is also very expensive at the moment, so what can be done is by DCA according to our ability, while waiting until the next halving, which always happens every 4 years.
It is indeed not easy to be able to buy bitcoin in units and only those who have large funds can do it and those who don't have one will still be able to buy using the DCA method.
In fact, Bitcoin is very ideal for long-term investment for many reasons. Lastly, when those goods are rare but at the same time people have a lot of desire for them, it can play a much role in the changing of the price of bitcoins from one year to another. The usage of the DCA method must also have to depend on low volatility and economic stability plus a fixed income as it is not very feasible to always gradually acquire the coins. At least we know many ways to generate capital from the crypto world, and since our capital has been collected, it will be easy for us to do the DCA method in bitcoin and various other coins that have the potential to provide much in future.
Everyone clearly admits that bitcoin is very ideal for long-term investment. At least every halving period is carried out, because that is what always happens to bitcoin. Agree, bitcoin plays an important role in price changes every year and that is also what causes other coins to be affected by the movements it makes.
There are many ways to generate capital from the crypto world, and it is always available, and we must also be smart in strategizing well so that when there is capital, we can buy it with any scheme, including the best one that is with DCA.
Dont make yourself that thinking that you do need up to complete or buy a whole coin on which we know that we can be able to buy in fractions. Its not bad to have targets but we do know that when it comes to financial capacity then each person would really be that different into this approach and this is why its really that important that you do really know on how to set up your goals when it comes to investment. So it will really be that too impossible that you cant be able to determine on what are the ways or methods that you will be that doing because it will be that recommended that you should be having that good financial management because if you dont then you will be having that huge issue.
Agree with that, Setting a goal when investing is a good starting point, to make sure that we do not go wrong in the process. This is not something that puts pressure on people to have to buy an entire coin because the nature of this technology means we can invest as per our ability. We have to respect our financial capabilities of one another and our financial goals, so that the measures taken fall under our conditions. Even running a company and managing your personal life, we can reduce possible dangers and balance spending for today with saving for tomorrow. That is how one can still construct the portfolio which has the prospects for growth while not comprising the financial security level.

 

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