What is the importance of price in Bitcoin?

[Ricardo11]

We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.

And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.

And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level

Yes, I also agree with you, a secure financial arrangement is very important, a secure financial arrangement benefits us in many ways, it allows us to carry on our daily life well and save a good amount of money for the future. However, in addition to ensuring financial management, you must make a proper plan.

[Dr.Bitcoin_Strange]

Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.

Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.

That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.

[jeraldskie11]

Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.

Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.

That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.

For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.

[Findingnemo]

We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.

And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.

And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level

Sometimes making small compromises in our lifestyle can leads to more savings and if we are smart enough the changes we made won't even be noticeable since now we have lot of opportunities for everything from economical to expensive and it's not just limited to good and products alone, it can be used for anything that we consume. But's it's hard to make those first changes and if we once make a move then everything will start to fall on the right spot.

[luckyledger]

We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.

And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.

And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level

Sometimes making small compromises in our lifestyle can leads to more savings and if we are smart enough the changes we made won't even be noticeable since now we have lot of opportunities for everything from economical to expensive and it's not just limited to good and products alone, it can be used for anything that we consume. But's it's hard to make those first changes and if we once make a move then everything will start to fall on the right spot.

I agree. We just need to start, and the rest would be history.
And we should be determined as well.

[nakmantu99]

Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.

Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.

That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.

For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.

I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.

[laijsica]

Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.

Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.

That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.

For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.

I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.

If an investor is aware of the floating cash fund, he may be able to hold crypto deposits for the long term as the cash can save valuable crypto assets by reducing his risk of withdrawing the invested money in any emergency. A novice investor has the potential to make huge profits if he can apply the right criteria before investing. The criteria are guaranteed discretionary income and floating cash fund this far combination makes an investor a successful holder.

[JISAN]

Nothing has changed for Bitcoin except the price.   Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL).  We cannot understand Bitcoin if we do not know about it.

  Bitcoin will still take over.   The price will rise to $1 million and eventually, there is no question about it.   Just use the opportunity to buy cheap.   The only thing that matters is the amount of Bitcoins you own.  And it will be profitable..

Bitcoin is a digital currency that has a standard value and a bright future.  Bitcoin has a limited supply, which means that no matter how much demand for it increases, its supply will never increase, causing its price to rise as demand falls.  So those who buy bitcoins at the current chip price will get a lot of success in the future.  Because if bitcoin takes 20 years to become one million dollars, then those who invest in bitcoin at current prices will get more than 15x profit, whereas banks can give maximum 2-3x profit in 20 years, so it is a good decision to buy and hold bitcoin now without any doubt

[jeraldskie11]

Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.

Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.

That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.

For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.

I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.

Honestly, I really recommend to invest only with free funds because we really don't anything of this stuff. It doesn't matter if the market will fall because you only invested the money you don't need. Once you are investing in crypto, you won't literally lose if you don't sell it. Investing free funds also won't affect your emotions at all, unless you're not totally done it with free funds. You can sell it anytime you want without an emotion, this is what we get with this way of investment.

[laijsica]

Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.

Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.

That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.

For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.

I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.

Honestly, I really recommend to invest only with free funds because we really don't anything of this stuff. It doesn't matter if the market will fall because you only invested the money you don't need. Once you are investing in crypto, you won't literally lose if you don't sell it. Investing free funds also won't affect your emotions at all, unless you're not totally done it with free funds. You can sell it anytime you want without an emotion, this is what we get with this way of investment.

It is not really free it should be said that an investor makes investment decisions with the amount of money he can afford to lose. I keep depositing a particular portion of discretionary income in my own case so that it doesn't affect my surroundings. If an investor continues to invest emotionally beyond his capabilities, his investment risk increases manifold. Therefore, investors should allocate a portion of disposable income for investments.

[Dr.Bitcoin_Strange]

For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.

All these borders on the essentials of the emergency fund, the float/reserve funds. These financial back ups should be able to cover at least 4 to 6 months of your living expenses. This should even be the first thing to put into consideration before even beginning your Bitcoin accumulation, because these back up funds are just as important as your Bitcoin Accumulation and Portfolio, because they’re the very things that keeps your Bitcoin Portfolio safe from subsequent emergencies and sudden financial needs, which of course are inevitably part of the human lives, and if there’s no financial back up and these sort of unexpected events occurs, the only option would be dipping into your Bitcoin Portfolio to sort them out.

[Aanuoluwatofunmi]

There are many things to consider when we are dealing with the bitcoin market price, it is very important for us to always consider this when we are having interest on making investment in bitcoin, this will give us the precise pattern, timing and direction to when and how we could safely invest for a profitable one, we are always considering for this when we are going for anything in crypto as well.

[pieppiep]

There are many things to consider when we are dealing with the bitcoin market price, it is very important for us to always consider this when we are having interest on making investment in bitcoin, this will give us the precise pattern, timing and direction to when and how we could safely invest for a profitable one, we are always considering for this when we are going for anything in crypto as well.

Yes, it is not easy to understand the flow of Bitcoin market prices and that, that comes with a lot of thought processes. It is the art of watching the trends, habits and knowing when to plan for investment or exit is the main secret of making good profit. Also the complex procedure of government decisions impact analysis, global trends, as well as technologies used should also be considered comprehensively so that our investments becomes more effective and secure.

Therefore, it’s always wise to watch the market when you are investing in Bitcoin or any other crypto currency. By continuously thinking of the risks and the possible profits in equal measure, taking a disciplined approach will offer us better solutions. Finally, time persistency and the right strategy will offer the expected outcome in the long-run.

[dansus021]

What is the importance of price in Bitcoin? it is very important heck bitcoin is the mother of crypto and being number one in the top leaderboard the price of bitcoin can shake the whole crypto market, especially in the altseason 2% of bitcoin price up can make 4-10% up for the altcoin.

the cryto trader that I know always look the bitcoin price first before make any entry so he always draw the chart for bitcoin and then make an entry

[Promocodeudo]

Nothing has changed for Bitcoin except the price.   Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL).  We cannot understand Bitcoin if we do not know about it.

  Bitcoin will still take over.   The price will rise to $1 million and eventually, there is no question about it.   Just use the opportunity to buy cheap.   The only thing that matters is the amount of Bitcoins you own.  And it will be profitable..

That has always been the case with Bitcoin, the price changes from time to time and I believe volatility has made it to be so, personally I don't think the price of Bitcoin should be a stumbling block for anyone to hold or buy at anytime because Bitcoin is a very good asset, the problem with some people is that they don't even know what they want, to put the record straight, it is very important to have the basic knowledge before investing in Bitcoin in other to prepare your mind for the long-term journey. Some intending investors get discouraged most times because of the price of Bitcoin as at when they want to invest but my question is must the market favour you before you buy since DCA method can be used to acumulate at all time irrespective of the market price at all time, lack of understanding has always been a problem to many investors and sometimes they are been misled by their instinct.

I agree with you that Bitcoin price will definitely go high, that's why it is advisable for us to keep accumulating so that we can benefit when the time comes, our portfolio is what makes us good bitcoiners and as a matter of fact our goals should be centered on the amount we have accumulated so far.