Topic: Bitcoin is Too Expensive For Me. - page 4. (Read 933 times)

Your Bitcoin investment advice is precise, absolutely. Strategic, gradual accumulation is investing, not a fortune upfront. DCA isnt simply a tactic; its a financial lifeline for everyday people. Why? It democratises Bitcoin investment. Start with a small quantity and invest it regularly to increase. Consider: tiny drops form an ocean!

In many people's eyes, $2K is more than a "small" start. Crypto's base is robust. With the bullish market approaching, time is crucial. We're investing and seizing an opportunity! Growth potential is huge, so we should start now. Patience is your most profitable asset in Bitcoin. Jump in, stack those sats, and watch our digital gold rise!

Bitcoin on a Budget: Couldn't afford a whole Bitcoin? No worries, it's not like you're shopping for a private island. Grab yourself a fraction of a Bitcoin and join the crypto party on a budget.


Remember, in the world of finance, laughter is the best medicine. Just don't laugh all the way to bankruptcy!

Investing in Bitcoin can provide an opportunity for anyone to grow their economy in the future, no matter how large the investment they make, the most important thing is to be consistent in continuing to add to their investment assets.  Don't push too hard if you can't put large amounts of money into it, avoid short-term trading so you can continue to grow the investment assets that we will make.

Do you want to invest and gain money??? Think about how people make gains with BTC. The increase in assets they get is based on the percentage rise in BTC, not just the change in BTC price. If you feel Bitcoin price is higher than before, you'll probably say the same thing a year from now. Isn't it the high price of Bitcoin that makes it popular and interesting to explore?

Alright, you've got $2k, and you can still get some BTC, right? At least you'd get 0.046 BTC at the current rate. That's not bad. You can still make gains of 10%, 20%, or even 100%, and that's something that's still very possible. The price of 1 BTC might be high, but you don't have to buy a whole BTC. Just reduce the portion of BTC you buy, adjusted to fit your investment budget.

Bitcoin will be expensive and it is not for you if you want to turn that $2k into $1 million or $10 million by investing in bitcoin. And in case if you want to make significant profits from your small capital with bitcoin, you can absolutely do it.

In fact, making a profit from bitcoin completely depends on each person's ability because there are many ways to make a profit from bitcoin, not just holding it. For example, trading can also bring huge profits if you are good enough to do it. But nothing is easy and high profits come with high risks, you cannot expect to earn high profits and have high safety.

The good thing about Bitcoin is that everyone can have  investment in it no matter if anyone have less money or more money/capital. Unlike other investments like real estate or property one needs to have a lot of financial capital to start with but with bitcoin you can even buy a 50$ or 100$ worth of bitcoins or even less than that.
Bitcoin give us the opportunity to do the dollar cost averaging over the period of time as and when we have the money to invest.

$2k is not a small capital and it is a very big capital with many people, is like their fortune.

I don't know how rich OP is and how deep his capital is, but by starting any investment, start small to get experience.

Buying bitcoin is easy but if mistakes is made, OP can lose money and does not get bitcoin like in Peer to Peer trading. OP can lose bitcoin if making mistakes when sending bitcoins from exchange to his own wallet.

Start small, learn and practice with wallet creation, backup, recovery and do it for a while before mastering those simple technical steps, it will help to avoid losses because of mistakes.

Reminder: do not keep your money in online accounts
How to back up a seed phrase?
Protect yourself from fake wallet software (guide)

Investing in bitcoin doesn’t necessarily mean you should buy a full bitcoin before investing in it, you can buy bitcoin gradually and accumulate bitcoin bit by bit and before you know you would have accumulated enough bitcoin. Majority of people don’t have such amount to buy bitcoin but they are able to own a fraction of it by adopting a strategy known as the DCA strategy, this strategy makes it possible for the less privileged who can’t afford a full bitcoin to accumulate BTC by investing an amount they can afford gradually and after a while they are able to own a reasonable amount of bitcoin so it doesn’t matter how much you start with all that matters is that you keep accumulating.

Investing $2k into bitcoin is not a bad way to start as there are lots of people who don’t hold that much bitcoin, ig is a small amount but you can as well adopt the DCA strategy and keep accumulating more bitcoin at your own convenience and in no time you would have amassed enough bitcoins. With the upcoming bullish market by the corner bitcoin will provide lots of opportunities and we could see even higher price during this time so you should invest when you have the chance so you don’t risk investing at a higher price.

No matter how small you can afford to buy on this market, that's more than enough if you truly believe on this market.
Because you should not compare yourself to others as you will only disappoint yourself if you did such comparison.
You have your own path on this investment, so just mind your own business because this is your money at stake.

No, the value of Bitcoin is yet to reach great heights. Wait till December 29th which was the deadline set by the US SEC for spot Bitcoin ETF updates while approval was said to take place in January before we see the great height of BTC.
Some analyses predicted that after the BTC ETF is approved, the individuals who hold at least 0.87 BTC will be among the top 1% of the most wealthy.
Don't let the belief you're not holding 1BTC discourage you.

Ask yourself why is BlackRock the most powerful investment company in the world filing for BTC spot ETF and doing everything in its power to make it happen.
Do you think this people have time on an investment that's not profitable?

Yes, Bitcoin's price gradually continues to rise from time to time, but there are always price fluctuations. Sometimes some people who don't know about BTC science always fail and lose because they can't take advantage of Bitcoin's fluctuations, such as bull markets and bear markets. In my opinion, investing in BTC doesn't look at how small or large the capital is because in my opinion the most important thing is desire and only capital that is ready to be lost is worth investing in BTC. So in my opinion, having $2k in capital is not a problem as long as it is money you are ready to lose and you are prepared for the risks posed by BTC.

In my opinion, investing starting from small capital is a good way and of course the risk will not be too high because even if the loss is not too big. Of course, by investing in BTC there is definitely a chance of profit in the future and of course there is a chance of loss in the future too.

I think buying BTC doesn't have to be 1 BTC because of course you can buy a little bit. Yes, the point is it's never too late to buy BTC, but be yourself and do research before you buy. and now it is certainly very difficult to buy BTC at a very low price because now the bear market is over and of course it will be difficult for BTC to fall to a lower price, for example $16k. so I think the only opportunity left is now.

You have $2k and you think it’s nothing? Wait until you see what people have in their wallet. What I’m trying to say is that you don’t need to have 1 complete Bitcoin to be an investor. Satoshi Nakamoto intentionally made it that Bitcoin could be as small as 0.00000001 and if you check the value of that, it’s worth nothing, but that’s how small someone can have. You may think that what you buy with $2k is worth nothing right now, but have you thought about the long run? It could be double or even more. I personally believe that Bitcoin has the potential to be worth hundreds of thousands of dollars. It may take really long, but it’s possible. $2k is not a small amount!

You can buy Bitcoin in parts.  You do not buy a whole of it.  You can even buy some parts of Bitcoin for as low as $10.  Also you do not need to buy in bulk.  You can always DCA or accumulate when you have extra funds in your budget.  Bitcoin is not a sprint, Bitcoin is a marathong so we do not have to worry whether we will miss the opportunity or not since Bitcoin is here to stay and Bitcoin is best kept for the long term to maximize profit.

Personally, I will not invest Bitcoin at this point because it's sitting in the supply zone. It's best to look for a support that can be possible for the price to bounce back or wait for an impulsive break of the supply zone. It's quite risky for you to invest this time because retracement is not happening yet and then we can start to buy if we think that retracement comes to an end. Investing randomly in the market can lower the probability and can hurt your emotion a lot if the price went to the opposite direction especially you are newbie, you should take care of your emotion as it is also a key to your success.

There are still many ordinary people who don't really understand Bitcoin. In fact, they may have started to be interested in crypto, but seeing the price of Bitcoin which in fact is like a representative of crypto, they feel that they can't afford it because the unit price is very expensive. Yes, because they don't understand this, they don't understand that they don't have to buy 1 BTC but can do whatever it takes as long as the minimum is on the exchange and that's quite a bit..

And because of this, many beginners turn to hyped shit coins because usually the price is small and the promise is very high. In fact, they are being targeted as victims of this new project.

This is a thought that you have to throw away, even with $10 you can buy Bitcoin, it's just that to get bigger profits, you have to invest more money.  anyway, one thing you must understand, bitcoin is different from most other investments, even in gold, you have to buy a minimum of 1 gram of gold, there is no measurement for lower than that, and in the property business, you have to spend much more money It's not enough just $1000 or $2000.

It's not that i hate Ripple and Memecoin, but i don't think the advice you gave is good, it's better for you to suggest OP invest more in Bitcoin and then buy ethereum or BNB ^{(part of investment asset diversification)}

Why do people always think that you need to own a full 1 Bitcoin in order to actually start investing? It's like other investment method, you can invest with the fraction of Bitcoin based on your affordable amount of money you can do and then you can go from there. $2k is actually a decent amount to start, the only problem is are you aware with the amount of outcome and possibility could occur in the future?

You have to know about that, as for Bitcoin investment you have to actually read about the news so you know what's going on at present and the future. Bitcoin is not a secret money making mechanism, this is like other investments hence you need to actually do some research first before doing something.

In what way is bitcoin too expensive for you? You are totally wrong in your thinking. Did you think you need a huge amount of money before you can begin investing in bitcoin? You were mistaken because you didn't consider it further before you made your decision. Investing in bitcoin doesn't have to be expensive for anyone who can take on the risk, some people started investing with as little even less than $2k. Still you have that much money to begin with, you still believe it will be very expensive to begin with. Everything was created to begin gradually, you cannot decide to begin investing because you expect to make money quickly, everything is done step by step.

Don't be discouraged by the current price of bitcoin, some people will be happy to start investing with even less than that just to make sure they have start investing. If you are still afraid to invest all of your money, you can start with $1k or less. Don't let the price of bitcoin stop you from starting anything, invest doesn't mean you should hold one bitcoin.

You won’t believe it, but for me bitcoin is very expensive. I'd be more than happy to buy this for $500 or something like that. But as you can see, no one sells for this price. Therefore, take it for the price offer it for. In the future, this investment will certainly pay off, and it doesn’t matter whether you can afford a whole bitcoin. Be content with even the smallest parts you can reach.

Bitcoin is not yet at the highest altitude, because very soon (well, not quite soon) we will see different indicators. If OP had been a little bolder a couple of months ago, he could have bought bitcoin at a completely different cost than now. So, the longer you doubt and whine (about the high cost), the more successful opportunities you miss. Don't slow down.

Why should you be pessimistic and think Bitcoin is too expensive when you already have enough capital to be able to invest in it even at $2k. Maybe you have heard that many very special people and community members in their families managed to manage their investments in BTC even though they initially experienced ups and downs due to lack of capital.

Yes. This requires strong determination where along the way there may be obstacles, but if you are an expert, I am sure the trading strategy gap will be found by itself and of course start looking for ways to buy some BTC while glimpsing the depths of bitcoin so that in the end we will understand how to make money money in this industry well.