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Author Topic: Why are people so crazy about buying Bitcoin?  (Read 6102 times)

Online $crypto$

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Re: Why are people so crazy about buying Bitcoin?
« Reply #135 on: April 20, 2025, 02:08:35 PM »
They are able to buy bitcoin according to their ability. Because we don't have to buy bitcoin in large quantities and we can still buy it according to the money we have.

Therefore, various strategies are used, one of which is the DCA strategy, this makes it easier for many people to have bitcoin even though they don't have enough money, but they can set aside from their income.
a good way if you can set aside money to buy bitcoin with the DCA method, because as many people say the DCA method is very effective for buying bitcoin gradually if the money we have is limited.
and by buying a little bit of it gradually, if we are consistent we will have a large amount of bitcoin in the future.
Of course I can say this because I am one of the people who apply this strategy in collecting bitcoins, and finally I can collect them gradually.

The results are satisfying and even very satisfying because I can get a decent profit. Maybe not a profit like people who have more money, but for me what I get is more than enough.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #135 on: April 20, 2025, 02:08:35 PM »

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Offline Legion

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Re: Why are people so crazy about buying Bitcoin?
« Reply #136 on: April 23, 2025, 11:58:25 PM »
a good way if you can set aside money to buy bitcoin with the DCA method, because as many people say the DCA method is very effective for buying bitcoin gradually if the money we have is limited.
and by buying a little bit of it gradually, if we are consistent we will have a large amount of bitcoin in the future.
DCA can be reasonable if you are worried by the fluctuations of Bitcoin’s price but still willing to invest. In this respect, by buying them in small quantities from time to time, the prices will not be too steep and, in any case, it will control the spending frequency and avoid the purchase at the wrong price level. You change and realign it frequently and the results might not come immediately, but there is gradual expansion anticipated. This also allows flexibility in executing a strategy in regards to the current market patterns since the investment is not sudden.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #136 on: April 23, 2025, 11:58:25 PM »

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Online yohananaomi

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Re: Why are people so crazy about buying Bitcoin?
« Reply #137 on: April 24, 2025, 01:50:05 AM »
Everybody might want to buy but can everybody afford to buy? The price of Bitcoin is beyond the reach of many people therefore they have to make a choice of either buying small amounts of Bitcoin and make small profits if the value increase, or whether to use the funds to buy newly created low value alt-coins (or tokens) and hope they make phenomenal amounts of money.

Currently everyone wants to buy Bitcoin. Is this the right time to buy Bitcoin?
When the price was low earlier, people did not buy Bitcoin, but today, when the price of Bitcoin increases due to the boom, people want to buy it and invest in it. That investment is profitable for them, so people go crazy to buy Bitcoin, invest in it, hold it and trade, Which gives them a good profit.
They are able to buy bitcoin according to their ability. Because we don't have to buy bitcoin in large quantities and we can still buy it according to the money we have.

Therefore, various strategies are used, one of which is the DCA strategy, this makes it easier for many people to have bitcoin even though they don't have enough money, but they can set aside from their income.
a good way if you can set aside money to buy bitcoin with the DCA method, because as many people say the DCA method is very effective for buying bitcoin gradually if the money we have is limited.
and by buying a little bit of it gradually, if we are consistent we will have a large amount of bitcoin in the future.
It must be admitted that the DCA program is very appropriate if we always experience limited funds to be able to buy bitcoin, where the price is indeed high, and we can do it that way, so that at a certain time, we will be able to have the amount according to our wishes. It would be even better if the DCA scheme was carried out when bitcoin was corrected so that the price obtained was very good and could be achieved when the price had increased.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #138 on: April 24, 2025, 04:35:32 PM »
It must be admitted that the DCA program is very appropriate if we always experience limited funds to be able to buy bitcoin, where the price is indeed high, and we can do it that way, so that at a certain time, we will be able to have the amount according to our wishes. It would be even better if the DCA scheme was carried out when bitcoin was corrected so that the price obtained was very good and could be achieved when the price had increased.
Even people who have large funds I think they apply this strategy, although maybe not as intensely as we do it.

This is a promising strategy and we can not only theorize, but can feel the results ourselves. In fact, most of the people I meet do this, especially those who have a financial situation that is not like whales.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #139 on: April 24, 2025, 05:09:29 PM »
It must be admitted that the DCA program is very appropriate if we always experience limited funds to be able to buy bitcoin, where the price is indeed high, and we can do it that way, so that at a certain time, we will be able to have the amount according to our wishes. It would be even better if the DCA scheme was carried out when bitcoin was corrected so that the price obtained was very good and could be achieved when the price had increased.
Even people who have large funds I think they apply this strategy, although maybe not as intensely as we do it.

This is a promising strategy and we can not only theorize, but can feel the results ourselves. In fact, most of the people I meet do this, especially those who have a financial situation that is not like whales.

          -      DCA is very effective especially for those who often do and use it, even for me until now I still do it especially since we are still in a bull run where we are becoming more and more determined to accumulate cryptocurrency or bitcoin.

Even famous investors like Michael Saylor often use it and even leaders of other countries also do it so how much more can we who are not rich people
but at the right level of life.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #140 on: April 25, 2025, 06:23:15 PM »
Even people who have large funds I think they apply this strategy, although maybe not as intensely as we do it.

This is a promising strategy and we can not only theorize, but can feel the results ourselves. In fact, most of the people I meet do this, especially those who have a financial situation that is not like whales.

          -      DCA is very effective especially for those who often do and use it, even for me until now I still do it especially since we are still in a bull run where we are becoming more and more determined to accumulate cryptocurrency or bitcoin.

Even famous investors like Michael Saylor often use it and even leaders of other countries also do it so how much more can we who are not rich people
but at the right level of life.
Yes, maybe the amount is different too, for example when we can invest a little money then they will be able to invest 50x more or even more than what we have.

But that doesn't matter at all, because we also have to know that the benefits will not be the same and it will be based on what we have. The most important thing is when we can maximize every opportunity that comes to us.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #141 on: April 25, 2025, 11:36:03 PM »
The less volatility of Bitcoin to other coins are one of the major reasons why people are crazy in buying Bitcoin and when you ask consider the price movement of Bitcoin since it was launched, you'll know that there's no wrong time to invest in it especially for long-term purpose. Using the DCA strategy, gaining much profits in your Bitcoin investment is inevitable. Regardless of the time learn about Bitcoin, invest it because your chances of gaining is way to more than your chances of losing your money
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Re: Why are people so crazy about buying Bitcoin?
« Reply #141 on: April 25, 2025, 11:36:03 PM »


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Re: Why are people so crazy about buying Bitcoin?
« Reply #142 on: April 26, 2025, 12:53:10 PM »
The less volatility of Bitcoin to other coins are one of the major reasons why people are crazy in buying Bitcoin and when you ask consider the price movement of Bitcoin since it was launched, you'll know that there's no wrong time to invest in it especially for long-term purpose. Using the DCA strategy, gaining much profits in your Bitcoin investment is inevitable. Regardless of the time learn about Bitcoin, invest it because your chances of gaining is way to more than your chances of losing your money
And it's too big to fall, unlike any other altcoins that have a chance to be dead in the next year's cycle. So for us, even if the profit is that big as like other meme coins, still though we are going to be safe in Bitcoin. So it's like the mentality of before safe that sorry for us. It will take time to make profits and it's steady but that's what we love about it and again, we could be go to bed and not thinking that it will go to zero or our investments being wipe out.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #143 on: May 01, 2025, 02:52:07 AM »
It must be admitted that the DCA program is very appropriate if we always experience limited funds to be able to buy bitcoin, where the price is indeed high, and we can do it that way, so that at a certain time, we will be able to have the amount according to our wishes. It would be even better if the DCA scheme was carried out when bitcoin was corrected so that the price obtained was very good and could be achieved when the price had increased.
Even people who have large funds I think they apply this strategy, although maybe not as intensely as we do it.

This is a promising strategy and we can not only theorize, but can feel the results ourselves. In fact, most of the people I meet do this, especially those who have a financial situation that is not like whales.

          -      DCA is very effective especially for those who often do and use it, even for me until now I still do it especially since we are still in a bull run where we are becoming more and more determined to accumulate cryptocurrency or bitcoin.

Even famous investors like Michael Saylor often use it and even leaders of other countries also do it so how much more can we who are not rich people
but at the right level of life.
For now, even in the future, I think I agree with what you said that the DCA scheme is very effective for anyone to be able to use with the aim of getting maximum results in the end, because after achieving its goals they just use it to be exchanged to be able to produce according to what we want.
I think until now DCA has been widely used by many people because it is very effective and useful to use.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #144 on: May 01, 2025, 09:42:16 AM »
Currently everyone wants to buy Bitcoin. Is this the right time to buy Bitcoin?
When the price was low earlier, people did not buy Bitcoin, but today, when the price of Bitcoin increases due to the boom, people want to buy it and invest in it. That investment is profitable for them, so people go crazy to buy Bitcoin, invest in it, hold it and trade, Which gives them a good profit.
Bitcoin boom is exciting, and it’s natural to want to join the rally. While it’s not inherently wrong to buy now, the high price and euphoric sentiment suggest caution. DCA remains your best bet to navigate uncertainty, as you noted earlier, allowing you to capitalize on dips while avoiding the risk of buying at a peak. If trading, wait for high probability setups and stick to strict risk rules. The market will always offer opportunities, don’t rush in just because others are.


Offline Rengga Jati

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Re: Why are people so crazy about buying Bitcoin?
« Reply #145 on: May 01, 2025, 10:53:12 PM »
Even people who have large funds I think they apply this strategy, although maybe not as intensely as we do it.
People who have large funds, they have many options. They can do DCA by spending their money gradually (buying BTC whenever there is a big dump). But they can also spend all their money to buy BTC when they assume it is the lowest price of Bitcoin in the current cycle. It is different with people who have limited money, they are unable to buy large BTC at once.

This is a promising strategy and we can not only theorize, but can feel the results ourselves. In fact, most of the people I meet do this, especially those who have a financial situation that is not like whales.
I think it is not a theory, it is the fact. DCA is a proper strategy to apply by people with limited funds. However, it will be effective if it is done during the bearish season. DCA needs a long time, it is applied when Bitcoin is mostly in cheap prices.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #146 on: May 01, 2025, 11:00:01 PM »
They are so many reasons why people are madly in love about buying Bitcoin and also investing in it. Bitcoin has the ability to operates independently and it's not controlled by anyone or government,giving  you a guaranteed privacy and protection unlike (fiat money government backed),it was also designed in a way that it has the potential of giving you a significant and handsome rewards when you invest. Well designed to provide a diversification opportunity for investors looking to reduce exposure to traditional assets. This is few of the too many reasons why people are so crazy about  buying Bitcoin.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #147 on: May 01, 2025, 11:14:52 PM »
Everybody is crazy about Bitcoin as it is hugely undervalued.
Being priced at 7% of the GOLD doesn't make any sense.
If you are not long, you are missing a multigenerational opportunity.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #148 on: Today at 07:03:26 AM »
Currently everyone wants to buy Bitcoin. Is this the right time to buy Bitcoin?
When the price was low earlier, people did not buy Bitcoin, but today, when the price of Bitcoin increases due to the boom, people want to buy it and invest in it. That investment is profitable for them, so people go crazy to buy Bitcoin, invest in it, hold it and trade, Which gives them a good profit.
Bitcoin boom is exciting, and it’s natural to want to join the rally. While it’s not inherently wrong to buy now, the high price and euphoric sentiment suggest caution. DCA remains your best bet to navigate uncertainty, as you noted earlier, allowing you to capitalize on dips while avoiding the risk of buying at a peak. If trading, wait for high probability setups and stick to strict risk rules. The market will always offer opportunities, don’t rush in just because others are.
Many people find it challenging to deal with fluctuating markets especially when prices are soaring high. It is vital, however, not to see long-term investment as a ride that one needs a life jacket. People usually do not take many risks when the prices are high especially if they will be involved when making a large purchase. With this concept of valuation, you will be in a position to avoid purchasing commodities at the highlier price since you are buying the same products in portions. It is a good idea to use this strategy to avoid getting burnt and book profits but at the same time stay relevant and invested in sustainable funds.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #149 on: Today at 07:26:46 AM »
Even people who have large funds I think they apply this strategy, although maybe not as intensely as we do it.

This is a promising strategy and we can not only theorize, but can feel the results ourselves. In fact, most of the people I meet do this, especially those who have a financial situation that is not like whales.
Indeed, the DCA strategy is a strategy that can be applied by everyone, regardless of the investor’s financial situation or position. Especially those who wish to pay close attention to reducing timing risks and the emotional impact of investing. But of course the DCA isn’t complete without a solid backup fund(s) and of course a long term perspective of the asset. And it’s important to note that this strategy doesn’t only apply to Bitcoin but also on some other investments with potential for long term growth.

 

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