Topic: Bitcoin still unaffordable - page 2. (Read 396 times)
I know buying the whole coin is better but when you can't afford then buy fraction, when you still can make profit I think it doesn't matter whether you buy fraction or whole coin, bitcoin already got a huge support the price wont fall too low, and now its rising, I think now is the best time to buy, the chances of making profit still wide open
There is no need to buy entire Bitcoins, it is possible to buy also only fractions of BTC. I realize that psychologically it gives more satisfaction to buy entire unities of a coin, but economically it makes no difference. It is like you cannot afford an entire kg of hold and so you take only some grams.
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
What you mean is even if the value was down it's still unaffordable.Bitcoin is affordable but exactly not all of us can buy that one but the best definition on describe bitcoin is not unaffordable but I would say a precious one and unbelievable value price that exist in cryptoworld.But yeah much better buying the whole bitcoin compared to fraction the more bitcoin you purchased the profit you have.
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
What you mean is even if the value was down it's still unaffordable.Bitcoin is affordable but exactly not all of us can buy that one but the best definition on describe bitcoin is not unaffordable but I would say a precious one and unbelievable value price that exist in cryptoworld. 
yes, I hope bitcoin will drop to the point $ 4000 / $ 6000, then I will buy some bitcoin and ETH.
but I also doubt the bitcoin will go down again, because the end of february and march bitcoin will get support, so its value will continue to rise and high.
but I also doubt the bitcoin will go down again, because the end of february and march bitcoin will get support, so its value will continue to rise and high.
Losers focus on what they can't accomplish, and winners focus on that what potentially makes them move forward. The amount doesn't matter at all. If you just buy any amount at current levels, you're good to go.
In other words, regardless of the amount, the percentage gains will be the same. If you keep forcing yourself to achieve something that isn't meant for you at this point in time, you're limiting yourself without even realizing it.
If you stop with thinking about things that don't matter, and focus on that what does matter, you probably would have done way better in accumulating more coins till today than is the case right now.......
In other words, regardless of the amount, the percentage gains will be the same. If you keep forcing yourself to achieve something that isn't meant for you at this point in time, you're limiting yourself without even realizing it.
If you stop with thinking about things that don't matter, and focus on that what does matter, you probably would have done way better in accumulating more coins till today than is the case right now.......
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
I think a lot of people still can't buy 1bitcoin even the price goes down to $4000. But they can buy only what they have in their wallet that they can also afford to lose.$4000,$6000,even more,is good for those who can afford to buy because time will come they can earn more profit. Investing is risky but if you have courage to invest it gives you huge profit.
What about the various sub-units of bitcoin that we've worked to establish? $10000 is pretty expensive, but you don't need to get 1 BTC, you could get 1 mBTC ($10), or 1 satoshi (less than a cent). Saying that the price going under $6000 is a good thing because more people can "afford" that is just silly.
Good point, we do not initially need to afford to buy one Bitcoin because in the first place we doesn't need to buy 1 Btc to start an investment. We can set it as our goal and a vision not our patent to start an investment to bitcoin. We should take Bitcoin's opportunity for us to earn and to gain profit.
With drop of Btc's value, it's a good time to invest, it may still be expensive but better than before. Probably, for those who don't the system yet, they would be afraid to invest with it's low value recently, but for those who are business minded, they would say that it's a good time to invest. So buying 1 Bitcoin, it would be your choice. But for me, you should divide your money, buy bitcoin and other altcoins also. It will be a risk but a good investment at the same time.
what it matters is its value and personally I would like for it to be 100k and hold just a fraction of it rather than for it to be in 10k and own a full portion of btc.
Having one FULL Bitcoin is not better, this is true, but it is more psychological fact.. you can't say " i have 0.95 Bitcoin in my wallet", better to say " i have ONE Bitcoin". Is like Bitcoin at $9920 instead of $10000, full numbers are always the bests in our mind.
Talking about price, many people can't afford bitcoin also at $5000, or at $2000 or at $20000 so what's the point? Bitcoin should not be affordable, Bitcoin should be like gold: If someone has money, they buy it.
Talking about price, many people can't afford bitcoin also at $5000, or at $2000 or at $20000 so what's the point? Bitcoin should not be affordable, Bitcoin should be like gold: If someone has money, they buy it.
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
LOL. Having 1 bitcoin in your wallet is not a race. If you don't have big capital to begin with, then why not buy in small portions and just accumulate it overtime. What you have in mind is not correct attitude, IMHO. Very wrong. I myself started to buy in small amounts and portions and just hold on it and buy at every dips and in no time my bitcoin grew to 1 BTC. I'm sorry to tell but attitude like yours will not make you a successful investor. Let's see how it goes for you, but bitcoin will not go back to the $4000-$6000 ranges for a long long time.
I agree that Bitcoin is too expensive for ordinary people. If they can only afford a small amount of money it's just not worth it just now. If it crashed down to 2-3k then a lot of people would buy and they could at least get some profit.
The number 1 does not matter! What if you went to a huge agro market and the prices there were given by a ton? You go to one guy and he's selling like 1 ton of oranges for $1000 and people would see this and say, damn, I only have $100 with me today. Those prices are too expensive for ordinary people. I won't buy anything today, fuck it! If the prices went down to 100 per ton I'd buy it all.
Imagine how the market would look like if the world was full of cheap bastards like that. Thankfully most people just say 100kg please because that's all I can buy today and leave happy. That's why the market is alive and kicking and you are still complaining and not buying anything, waiting for a miracle.
I think after Chinese New Year Bitcoin will grow up. The goal is about 15000 usd in March.
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
You DO know that it is not necessary for an investor to own a whole number of any cryptos? (Save for NEO I guess, which functions more like a "Share" of the NEO network).
Holding 0.1234 or even 0.012353 BTC or whatever fraction of 1 BTC is perfectly normal and fine.
Also, the rock-bottom level of a massive crash have been increasing progressively. The next time it crashes, it will very likely yet again be higher than the one that occurred this time on the 6th of Feb 2018.
That's why most members always advice people that buy only what you can afford to lose. If you're already short on budget for your expenses, why risk your money into something that's highly speculative without any guaranteed returns in the end? Money management should still be a thing in even in low-income people. Bitcoin isn't a necessity in life; it's one's choice whether he/she will invest or not. Having said that, if it is too expensive for you, why even bother buying into it in the first place? Even at the range you've given, most people still won't be able to buy bitcoin due to the fact that they don't have spare money to invest.
I believe we've passed the lowest point, and we're on the rise from here (though erratically).
https://bitcoin-investors.co.uk/2018/02/buy-the-bitcoin-dip/
https://bitcoin-investors.co.uk/2018/02/buy-the-bitcoin-dip/
Who knows, in 5 years you might look at the price and say what it's current price is now was very much affordable. At the end of the day, you just buy what you can afford at whatever the price if you believe long term the value will be more
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
If you have only $ 1,000 for investment, no matter what part of the BTC is that. If your investment is multiplied by x5 x10 or x100, the profit is the same in a ratio.
If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
You don't understand how investments work. Your gain is always proportional to your investment. If you put in $100 and the price goes up by 10%, you'll earn $10. If you put in $1000, you'll earn $100 and so on. Whether you're buying a whole coin or a fraction of it doesn't matter. Do you really believe there's a real difference between someone buying a 0.99 BTC and someone else buying 1? Their profits will be almost exactly the same, even though one of them doesn't have the whole thing!
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