Is Bitcoin price a deciding factor for new/old investors?

[MUGNIA]

I believe that there is nothing wrong with diversifying, which simply means that that amount of money can be divided into two parts or more, where the first part can be invested in bitocoin alone, while the rest of the money can be divided and invested on or into several young and promising crypto assets.

It is important we all know that Altcoins can make alot of profit too for investors if the investors did their home work really well, the risk is higher in terms of chances of losing money, but then, if the trade is won, the reward is always worth the risk.

Isn't it more effective to have 2 types of coins in this way, bitcoin for long-term investment and altcoin can be used as a short-term investment to seek profit and the profit is transferred to bitcoin so that one day our target of 0.04 BTC will be achieved?

[Gurujebs]

Isn't it more effective to have 2 types of coins in this way, bitcoin for long-term investment and altcoin can be used as a short-term investment to seek profit and the profit is transferred to bitcoin so that one day our target of 0.04 BTC will be achieved?

There is nothing wrong if you pick altcoins as long term investments but how you do it now depends on the type of altcoin that you bought. As for me, I will hold Bitcoin, solana and BNB as my long term investment along side with Bitcoin because these two coins has had there up and downs but they have strong affinity to draw investors closer to their self no matter the condition of the market.

Apart from these two again, I wouldn't mind investing my money into new altcoins because I have come to understanding of this market is that you have to make use of any opportunity you see regardless of how you view this market and how you feel about other coins. Even if you don't like the coin and the project, if you see a potential in it, use it and take your profits.

[nakmantu99]

Isn't it more effective to have 2 types of coins in this way, bitcoin for long-term investment and altcoin can be used as a short-term investment to seek profit and the profit is transferred to bitcoin so that one day our target of 0.04 BTC will be achieved?

There is nothing wrong if you pick altcoins as long term investments but how you do it now depends on the type of altcoin that you bought. As for me, I will hold Bitcoin, solana and BNB as my long term investment along side with Bitcoin because these two coins has had there up and downs but they have strong affinity to draw investors closer to their self no matter the condition of the market.

Apart from these two again, I wouldn't mind investing my money into new altcoins because I have come to understanding of this market is that you have to make use of any opportunity you see regardless of how you view this market and how you feel about other coins. Even if you don't like the coin and the project, if you see a potential in it, use it and take your profits.

BNB and solanan are very potential for long-term holding, but it is recommended to hold in one cycle only, because of the risk factor even though these are old coins and have been proven.
because in any case we must consider bitcoin as a priority coin for long-term holding that is more than one cycle. The risk is lower.

[pieppiep]

Isn't it more effective to have 2 types of coins in this way, bitcoin for long-term investment and altcoin can be used as a short-term investment to seek profit and the profit is transferred to bitcoin so that one day our target of 0.04 BTC will be achieved?

There is nothing wrong if you pick altcoins as long term investments but how you do it now depends on the type of altcoin that you bought. As for me, I will hold Bitcoin, solana and BNB as my long term investment along side with Bitcoin because these two coins has had there up and downs but they have strong affinity to draw investors closer to their self no matter the condition of the market.

Apart from these two again, I wouldn't mind investing my money into new altcoins because I have come to understanding of this market is that you have to make use of any opportunity you see regardless of how you view this market and how you feel about other coins. Even if you don't like the coin and the project, if you see a potential in it, use it and take your profits.

BNB and solanan are very potential for long-term holding, but it is recommended to hold in one cycle only, because of the risk factor even though these are old coins and have been proven.
because in any case we must consider bitcoin as a priority coin for long-term holding that is more than one cycle. The risk is lower.

It is easier to make very good decisions in the risk/possible return aspect with the Very Low Risk and Very High Return strategy.
We can also act wisely making investments and pay particular attention to each coin particularly.
And if investors give due regard as to the behavior of markets; and employ all the information that is available then the several portfolios will be developed and be constructed suitable to everyone’s long run financial goals and objectives, with certain regard to any form of change. Thus, the way of approach or manage the crypto asset market means that the sufficient planning will be significantly important to respond the volatility.

[Rubel007]

I have personally met people who, in this kind of calculation, choose what seems to them (at least numerically) more, and thus give up investing in Bitcoin. Numbers can sometimes be a very confusing factor, but sometimes less is actually more and better.

Unfortunately I did exactly the same thing when I heard about bitcoin for the first time, sometimes back in late 2013.

I knew too little  about bitcoin (and also thought its way too expensive and that I am too late) back then to spend ~1k on buying 1 whole one so instead I spent few hundreds of dollars on shitcoins and probably many made the same mistake I did.

Same thing happened to me. I thought I was too late to buy bitcoins at the time of 2019. if I bought bitcoins at that time it was expensive. At the time a bitcoin was worth a little over $6,000. I switched to altcoins instead of buying Bitcoin which was the biggest mistake of my life. If I could have bought a fraction of the bitcoins at that time it would have been very profitable for me today. A small fraction of bitcoins today will be a reason of regret a few years later. Such situations have been seen in the past and will be seen in the future too but those who are smart and take risks will always be able to profit.

[Parzival204]

For people who want long-term investment, my advice is to invest in BTC. Where BTC will always provide profits for investors in the long term.
But my advice is for people who only want profits, and don't want to invest too long. then invest in altcoins. because altcoins also provide many benefits for some people. and it all depends on you. What you need to pay attention to, just continue to analyze and make plans for the future and not be rash in making decisions

[rizqillah]

I have personally met people who, in this kind of calculation, choose what seems to them (at least numerically) more, and thus give up investing in Bitcoin. Numbers can sometimes be a very confusing factor, but sometimes less is actually more and better.

Unfortunately I did exactly the same thing when I heard about bitcoin for the first time, sometimes back in late 2013.

I knew too little  about bitcoin (and also thought its way too expensive and that I am too late) back then to spend ~1k on buying 1 whole one so instead I spent few hundreds of dollars on shitcoins and probably many made the same mistake I did.

Same thing happened to me. I thought I was too late to buy bitcoins at the time of 2019. if I bought bitcoins at that time it was expensive. At the time a bitcoin was worth a little over $6,000. I switched to altcoins instead of buying Bitcoin which was the biggest mistake of my life. If I could have bought a fraction of the bitcoins at that time it would have been very profitable for me today. A small fraction of bitcoins today will be a reason of regret a few years later. Such situations have been seen in the past and will be seen in the future too but those who are smart and take risks will always be able to profit.

The bitcoin price you mentioned $6,000 is not something expensive because it is currently 10 times. Experience is very valuable if we buy bitcoin when the price is still low and then we hold it for 5-10 years, we will get big profits. I also regret not buying bitcoin when bitcoin was first launched because the price was very low and there was still doubt at that time.

[pieppiep]

I have personally met people who, in this kind of calculation, choose what seems to them (at least numerically) more, and thus give up investing in Bitcoin. Numbers can sometimes be a very confusing factor, but sometimes less is actually more and better.

Unfortunately I did exactly the same thing when I heard about bitcoin for the first time, sometimes back in late 2013.

I knew too little  about bitcoin (and also thought its way too expensive and that I am too late) back then to spend ~1k on buying 1 whole one so instead I spent few hundreds of dollars on shitcoins and probably many made the same mistake I did.

Same thing happened to me. I thought I was too late to buy bitcoins at the time of 2019. if I bought bitcoins at that time it was expensive. At the time a bitcoin was worth a little over $6,000. I switched to altcoins instead of buying Bitcoin which was the biggest mistake of my life. If I could have bought a fraction of the bitcoins at that time it would have been very profitable for me today. A small fraction of bitcoins today will be a reason of regret a few years later. Such situations have been seen in the past and will be seen in the future too but those who are smart and take risks will always be able to profit.

The bitcoin price you mentioned $6,000 is not something expensive because it is currently 10 times. Experience is very valuable if we buy bitcoin when the price is still low and then we hold it for 5-10 years, we will get big profits. I also regret not buying bitcoin when bitcoin was first launched because the price was very low and there was still doubt at that time.

Well, It is easier to notice great opportunities in retrospective and if we did not seize the opportunity it is not uncommon to think about the lost chance. But it is imperative to note that every investment decision is ever done under risk and uncertainty particularly so when an asset is relatively new. It is better to be wise from this one to be more careful next time when seeing opportunities for the future and be prepared to gather them when the time comes.

In this way, we can also build a more flexible and anticipatory attitude in the future when encountering all kinds of investments. To make less biased decisions we have to prepare a better strategy, try to avoid getting to reliance on speculation and extend our knowledge base. It is more productive to begin to concentrate on what we are able to do from now and forward, that will create the determination to produce better results in the future.

[Promocodeudo]

Some people look at the price before they invest but to some persons the price doesn't matter much to them, what they are after is the amount they are planing to accumulate, price has made some people to change their mind towards Bitcoin investment and to me I see that as a wrong decision, though every individual investor has their decision to make regarding to Bitcoin investment but this price of a thing shouldn't always be the case, yea people consider the price that they are comfortable with before they start their investment in Bitcoin but let's not forget that this can also cause discouragement, for instance what if the price doesn't favour your expectation for a long period of time, will you stil keep waiting, don't you think in the course of waiting you can spend the money meant for the investment, for me price shouldnt be a problem for new or existing investors to starts their journey hence Bitcoin is a long-term investment.

[Lucius]

The bitcoin price you mentioned $6,000 is not something expensive because it is currently 10 times. Experience is very valuable if we buy bitcoin when the price is still low and then we hold it for 5-10 years, we will get big profits. I also regret not buying bitcoin when bitcoin was first launched because the price was very low and there was still doubt at that time.

How can you buy something that you probably didn't even know existed - and besides, there wasn't a single CEX or something similar where you could easily buy BTC. But in the years after, let's say after 2014 and onwards, 1 BTC could be bought for $200 to $400, but until the end of 2017, most people suspected that there could be something serious. Although 95% of people who have access to the internet today still have doubts and would rather buy stocks or government bonds than BTC.

[MRY]

The bitcoin price you mentioned $6,000 is not something expensive because it is currently 10 times. Experience is very valuable if we buy bitcoin when the price is still low and then we hold it for 5-10 years, we will get big profits. I also regret not buying bitcoin when bitcoin was first launched because the price was very low and there was still doubt at that time.

How can you buy something that you probably didn't even know existed - and besides, there wasn't a single CEX or something similar where you could easily buy BTC. But in the years after, let's say after 2014 and onwards, 1 BTC could be bought for $200 to $400, but until the end of 2017, most people suspected that there could be something serious. Although 95% of people who have access to the internet today still have doubts and would rather buy stocks or government bonds than BTC.

Exactly, As you know when the price of Bitcoin was still cheap and first appeared not everyone could buy Bitcoin easily. Only a few people knew about Bitcoin and could buy according to their wishes. Until finally when the price started to rise above $100, many people started trying to buy Bitcoin. Honestly, I also regret not buying at a cheap price, but there is no point in regretting what has happened. It is better to make it a lesson so that it does not happen again in the future.

[vegasus]

Exactly, As you know when the price of Bitcoin was still cheap and first appeared not everyone could buy Bitcoin easily. Only a few people knew about Bitcoin and could buy according to their wishes. Until finally when the price started to rise above $100, many people started trying to buy Bitcoin. Honestly, I also regret not buying at a cheap price, but there is no point in regretting what has happened. It is better to make it a lesson so that it does not happen again in the future.

It could be because many new people in the crypto world or even lay people are afraid and unable to enter Bitcoin investment because they cannot afford the price. even though you don't need to buy 1 BTC. but many don't know yet that we can buy it even a few or points of 0. And many people think that buying Bitcoin can make them rich in a fairly instant time. and this is what often becomes a mistake in the mindset of beginners in Bitcoin, expectations that are too high in a fairly instant time. and when that does not happen then they will immediately panic and blame Bitcoin so much. Moreover they expect that they have bought it in high price and want to  immediately sell the BTC in the higher price again.

[bitterguy28]

It could be because many new people in the crypto world or even lay people are afraid and unable to enter Bitcoin investment because they cannot afford the price. even though you don't need to buy 1 BTC.

it is not a necessity but it would be obviously preferable if we all could afford 1 btc unfortunately not many of us have that much money to spare but this shall not discourage anyone because you can still build your portfolio slowly it will a take longer time compared to those who have the money right off the bat but at least you are investing in something profitable to succeed is to start somewhere no matter how small of a progress it is

Moreover they expect that they have bought it in high price and want to  immediately sell the BTC in the higher price again.

we all expect btc to rise higher even if i buy btc in a relatively high price i am confident to still earn some profits though it will not be instant anyway the best method is to buy cheap and sell it high that is to maximize the profit you will get

[doc]

Exactly, As you know when the price of Bitcoin was still cheap and first appeared not everyone could buy Bitcoin easily. Only a few people knew about Bitcoin and could buy according to their wishes. Until finally when the price started to rise above $100, many people started trying to buy Bitcoin. Honestly, I also regret not buying at a cheap price, but there is no point in regretting what has happened. It is better to make it a lesson so that it does not happen again in the future.

It could be because many new people in the crypto world or even lay people are afraid and unable to enter Bitcoin investment because they cannot afford the price. even though you don't need to buy 1 BTC. but many don't know yet that we can buy it even a few or points of 0. And many people think that buying Bitcoin can make them rich in a fairly instant time. and this is what often becomes a mistake in the mindset of beginners in Bitcoin, expectations that are too high in a fairly instant time. and when that does not happen then they will immediately panic and blame Bitcoin so much. Moreover they expect that they have bought it in high price and want to  immediately sell the BTC in the higher price again.

People who do not understand the crypto world will see the high price of bitcoin and be afraid because their capital is lacking even though we can buy bitcoin according to the money we have, we don't have to buy 1 BTC, as you suggest we can buy 0.00 according to our ability. buy it immediately rather than waiting for a lot of money, we better buy as much as we can.

[rizqillah]

Exactly, As you know when the price of Bitcoin was still cheap and first appeared not everyone could buy Bitcoin easily. Only a few people knew about Bitcoin and could buy according to their wishes. Until finally when the price started to rise above $100, many people started trying to buy Bitcoin. Honestly, I also regret not buying at a cheap price, but there is no point in regretting what has happened. It is better to make it a lesson so that it does not happen again in the future.

Many regret not buying at that time, but all that has passed and the moment when they realized the price of bitcoin was getting higher. And many have done mining at that time, actually we can do it too, by buying equipment to do mining. As I recall we can get free bitcoin from faucets and or buy personally from people who already have it. But forget that bitter story, because there is no point in regretting., We can still seek profit by trading in crypto today.