Is Bitcoin Too Expensive For Me?

[Legion]

And that hesitation will be leading to regrets later on, specially on the time that they've seen the price had already shoot up. Tons of people who had been able to have that kind of regrets in the end because they do think that the price is already high and didnt want to made up some buybacks just because it is still expensive and waiting for it to getting much more cheaper. Well, its not bad to buy on the dip but make it sure that you wont be that waiting up for so long. We do know that recognition and adoption is increasing day by day or year by year on which it will be that resulting into that price increase. We do know that price gradually goes back up and could reach out new all time high. If you wont be that taking up such action then you would be getting left behind.

Well, Doubt often comes when opportunities are in front of our eyes and, However, it is sad that most of the people only come to know when everything is too late. When much of time is limited and there is no special time to sit, ponder, and come up with the best decision, reliance on heuristics is the best solution. Some of us may have thought that the price was too high and in fact it further increased and never came down to that particular figure again. It is because rather than knowing and choosing not to have it, the regret comes from when one waits for something that may never arrive. Especially in the space that is growing with the global participation, increases at times happen not because of something exceptional but something that one could make out earlier clearly. When we procrastinate, the consequence is that we also surrender the position to other people.

Sometimes what is needed is not the guarantee of a particular course of action but the clarity of further action, no matter how large or small and how slowly. I believe this is something that a majority of individuals use due to the fact that they feel lost in life not necessarily because they do not know what to do. In many cases, there will be situations where you don’t have to sit down and devise a well-thought strategy. At times, we only require a clear purpose of our ambition to attempt to take the risk and know the results. The world does not wait, and the decision you are hesitating to make might in fact be made by somebody else at the moment. That very often can be rather challenging, as simple as it may sound, because there are many things that are left unspoken deep inside a person. As long as one can still reason and experience sensations, one still has the freedom to do something today no matter how meagre. That should begin to make the difference.

[UNIVERSE]

There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.

Agree. Bitcoin isn't expensive if we view it from the possibility of the raise of its price in the next few years. Even if it is already above $80k now, it can be above $100k again in the next few months/years. And we can adjust the amount of our money to buy Bitcoin, it is not a must to buy 1 Bitcoin. Even we have $100, we can buy Bitcoin. Anyway, Bitcoin is decentralized, it is not controlled by the government or any institution. That's why the price fluctuates significantly.

[tequilla_sunset]

There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.

Agree. Bitcoin isn't expensive if we view it from the possibility of the raise of its price in the next few years. Even if it is already above $80k now, it can be above $100k again in the next few months/years. And we can adjust the amount of our money to buy Bitcoin, it is not a must to buy 1 Bitcoin. Even we have $100, we can buy Bitcoin. Anyway, Bitcoin is decentralized, it is not controlled by the government or any institution. That's why the price fluctuates significantly.

We are now having the price of our dreams, lower than $80k and still going.

  So we need to buy it now and forget about the rest.

[yohananaomi]

There's nothing expensive about bitcoin because it renders the a free and convenient opportunity for anyone to get into the market and invest as they could equally afford to, there is no particular rate or amount one must started with, it is convenient to hold without having to incur any maintenance cost for it wallet or use, just as we have in using fiat currencies, whereby they charged us for many things for using the government controlled fiat currency and added no value on our money the way bitcoin does.

Agree. Bitcoin isn't expensive if we view it from the possibility of the raise of its price in the next few years. Even if it is already above $80k now, it can be above $100k again in the next few months/years. And we can adjust the amount of our money to buy Bitcoin, it is not a must to buy 1 Bitcoin. Even we have $100, we can buy Bitcoin. Anyway, Bitcoin is decentralized, it is not controlled by the government or any institution. That's why the price fluctuates significantly.

Maybe for some people who do kept it for the long term and get results from what has been collected, it may not be that big, but there are some people who collect with a small value, and now it is high, of course, very big. All just depends on what perception we will compare.
Agree that we can adjust ourselves to the ability that we can do to buy bitcoin at any value and will mean at the right time when we think it is worth letting go.

[tabas]

That is the normal thought of most people that they think the small amount of money they have shouldn't be for Bitcoin. But keep yourself determine into accumulating more BTCs, these small amounts when top on each other will be greater than what you can ever thought of. And I am sure that it's not always that small that we're going to buy Bitcoin. There will be a time that we can invest with bigger amounts because of how determined we are.

[milewilda]

That is the normal thought of most people that they think the small amount of money they have shouldn't be for Bitcoin. But keep yourself determine into accumulating more BTCs, these small amounts when top on each other will be greater than what you can ever thought of. And I am sure that it's not always that small that we're going to buy Bitcoin. There will be a time that we can invest with bigger amounts because of how determined we are.

Some people thinking that they should be buying a whole coin on which this is mostly impossible for most people because its already that expensive, excluding into those whales and rich people who do have that buying power but for us plebs then we would definitely having those impressions that we are already that left behind or having those thinking that we are already too late on which this is very wrong. This is why its really that recommended that if you are eager or that inspired to accumulate Bitcoin or other crypto then you should be that starting to accumulate even on small amounts on which just like on what you have said that if these amounts will be accumulate then it will become that significant somehow.

[bayu7adi]

Some people thinking that they should be buying a whole coin on which this is mostly impossible for most people because its already that expensive, excluding into those whales and rich people who do have that buying power but for us plebs then we would definitely having those impressions that we are already that left behind or having those thinking that we are already too late on which this is very wrong. This is why its really that recommended that if you are eager or that inspired to accumulate Bitcoin or other crypto then you should be that starting to accumulate even on small amounts on which just like on what you have said that if these amounts will be accumulate then it will become that significant somehow.

It is possible that OP intends to resell it at a higher price, whereas when the price of Bitcoin increases by $1000, it means only under 2% increase, whereas if he buys ETH, the increase of $1000 will increase the value of his assets by 60% at the current price...
I think OP also understands the basic concept of Bitcoin where we can buy it in small amounts, like 0.001 or even smaller... according to our needs and budget...
So maybe what is meant by expensive is not the price to buy, but the price when you want to sell it is too difficult to get a high gain.

[Joeboy]

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?.

Holding Bitcoin for me is more preferable than holding alt coin. This is because of the amount of investors in Bitcoin and also  because for me Bitcoin tend to have more value in the longer run, and the good thing out Bitcoin is that you don't have to have millions of dollars before you can invest in Bitcoin, with the little amount you have you can actually invest with.

[dave_strider]

Holding Bitcoin for me is more preferable than holding alt coin. This is because of the amount of investors in Bitcoin and also  because for me Bitcoin tend to have more value in the longer run, and the good thing out Bitcoin is that you don't have to have millions of dollars before you can invest in Bitcoin, with the little amount you have you can actually invest with.

The same can be said about alts too.

BTC is just more stable option to go for

[tabas]

That is the normal thought of most people that they think the small amount of money they have shouldn't be for Bitcoin. But keep yourself determine into accumulating more BTCs, these small amounts when top on each other will be greater than what you can ever thought of. And I am sure that it's not always that small that we're going to buy Bitcoin. There will be a time that we can invest with bigger amounts because of how determined we are.

Some people thinking that they should be buying a whole coin on which this is mostly impossible for most people because its already that expensive, excluding into those whales and rich people who do have that buying power but for us plebs then we would definitely having those impressions that we are already that left behind or having those thinking that we are already too late on which this is very wrong. This is why its really that recommended that if you are eager or that inspired to accumulate Bitcoin or other crypto then you should be that starting to accumulate even on small amounts on which just like on what you have said that if these amounts will be accumulate then it will become that significant somehow.

We will not be left behind as long as we're determined and dedicated to accumulate for as long as we can. There will be dull moments for our lives but while we can continue to accumulate and save even for some, that's the important thing that we can do. Because not everyone who's able to believe in Bitcoin are also going to keep on buying it whether they have money or none.

[yohananaomi]

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?.

Holding Bitcoin for me is more preferable than holding alt coin. This is because of the amount of investors in Bitcoin and also  because for me Bitcoin tend to have more value in the longer run, and the good thing out Bitcoin is that you don't have to have millions of dollars before you can invest in Bitcoin, with the little amount you have you can actually invest with.

Indeed, the priority scale for saving will fall on bitcoin, but it is not bad if we also save potential altcoins, because the profits obtained are no less good than bitcoin.
You are right that bitcoin is indeed very good for use for long-term investment and can always contribute to those who hold it after the halving period occurs. You can also invest in the DCA scheme, and it does not have to be a large amount.

[fruktik]

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?.

So what if you buy bitcoins for a small amount of money? This is normal and even good. Investing in such an asset, as we have all repeatedly seen, is a noble and necessary thing. At least because with a high level of inflationary risks of the money supply, there is an option to save savings with this approach. Therefore, you will not regret it in any case.

What about altcoins? I think that this is not the best option. You must have extensive knowledge in this area and confidence that there is a prospect of making a profit when investing in such instruments.

[omori]

Indeed, the priority scale for saving will fall on bitcoin, but it is not bad if we also save potential altcoins, because the profits obtained are no less good than bitcoin.
You are right that bitcoin is indeed very good for use for long-term investment and can always contribute to those who hold it after the halving period occurs. You can also invest in the DCA scheme, and it does not have to be a large amount.

Bitcoin should just be the main target, all the rest - it's a side target. Surely, big alts may bring results in the end, but stability - there is where the potential lies.

[UNIVERSE]

Maybe for some people who do kept it for the long term and get results from what has been collected, it may not be that big, but there are some people who collect with a small value, and now it is high, of course, very big. All just depends on what perception we will compare.
Agree that we can adjust ourselves to the ability that we can do to buy bitcoin at any value and will mean at the right time when we think it is worth letting go.

Yes, some people may already get some profits. They may keep holding for some of their assets. How much to get profits, it depends on our capital. We can't dream to earn thousands of dollar if we only use hundred of dollars for buying coins. But if we hold for some years, we may optimize the profits. Sure, we must adjust the goals with the amount of money that we use in crypto investment. It is better to keep making realistic goals.

[tequilla_sunset]

Yes, some people may already get some profits. They may keep holding for some of their assets. How much to get profits, it depends on our capital. We can't dream to earn thousands of dollar if we only use hundred of dollars for buying coins. But if we hold for some years, we may optimize the profits. Sure, we must adjust the goals with the amount of money that we use in crypto investment. It is better to keep making realistic goals.

We especially can't wait for such results on BTC for sure - it's about steady accumulation and stability, not a coin that gets 5x-10x in a matter of days or even weeks.

I agree with you.