I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
you can always wait for the price to go down(which could happen anytime), but the question is, how low is affordable for you? investing in Bitcoin comes with a risk, if you think investing in it is too pricey/expensive, then it would be better to just not invest yet because it looks like you are not yet ready to commit and would pull out once the price suddenly falls which would leave you at a negative profit. 
Topic: I need your contribution and opinion - page 6. (Read 1015 times)
Kensure, buying Bitcoin isn't like buying a car or a house. You can buy tiny fractions of a Bitcoin if thats all you can afford.
So if your bank account isn't looking like you can grab a big chunk of BTC, that's cool. Do that dollar cost averaging thing the experts talk about. Little bits at a time buying what you can when you can. Thats one of the smarter ways to start stacking sats without overwhelming your funds.
So if your bank account isn't looking like you can grab a big chunk of BTC, that's cool. Do that dollar cost averaging thing the experts talk about. Little bits at a time buying what you can when you can. Thats one of the smarter ways to start stacking sats without overwhelming your funds.
If you consider the fact that Bitcoin can be bought in chunks, you can never think that it is very expensive or very high to invest. Imagine, you can buy at least $5-$10 of Bitcoin, and that amount is affordable even in a developing country where wages is much lower than the developed one.
Please be reminded that we don't have to buy the whole Bitcoin in order to invest on it. If we think that way then it is indeed very expensive because $37k is not a small sum of money but it is a good thing that Bitcoin is divisible and we don't need to have $37k to get into Bitcoin investment.
Learn to DCA if we don't have big enough fund to get a huge chunk of BTC, accumulating through DCA is one of the better strategy in accumulating Bitcoin without putting too much stress on our financial capability.
Please be reminded that we don't have to buy the whole Bitcoin in order to invest on it. If we think that way then it is indeed very expensive because $37k is not a small sum of money but it is a good thing that Bitcoin is divisible and we don't need to have $37k to get into Bitcoin investment.
Learn to DCA if we don't have big enough fund to get a huge chunk of BTC, accumulating through DCA is one of the better strategy in accumulating Bitcoin without putting too much stress on our financial capability.
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
deepen your insight, there is enough time for you to slowly learn about bitcoin and altcoins, anyway you have to study bitcoin well before deciding to invest in it, also study its history and price history, if your benchmark is price of 1 bitcoin then of course the price is quite high (i myself can't afford to buy 1 bitcoin directly lol) but there are still the smallest parts of bitcoin such as mbtc and satoshi, many bitcoin investors are use DCA to buy bitcoins periodically over the time span they determine, and so far it is an effective strategy even for employees with small salaries. 
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
The price of Bitcoin shouldn't be a determinant factor for you to invest in it, don't take it that way because there are several things that contribute to that fact.1: you must not buy the whole 1 unit of Bitcoin before you start your Bitcoin holding journey.
2: You shouldn't border so much about Bitcoin dollar value at this point to make your Bitcoin buying decision as long as you are nig buying when the price is at ATH since doing so will increase your waiting time.
3: bitcoin is less risky compared to some of the altcoins that are still at low price levels.
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
I advise you to continue to learn about cryptocurrency as a whole, maybe you will get to derive the answer you seek yourself.That's the time you will know if it's Bitcoin you really want or if you want to invest in cryptocurrency, and Bitcoin is not the only cryptocurrency. Of course, Bitcoin is the best, still, I don't believe you will regret altcoins if you are sure of your investment in a good project. Fortunately for you, Ripple (XRP) is a good option, and if I were you, I would invest in both.
I have a little knowledge but I need a guide.
It is okay if you still have a little knowledge. You're a new one in this forum and probably just know crypto space. If you have an intention to learn, you will have good knowledge in the future. Anyway, what a specific guide do you want? I guess you are better to understand first the basic things about crypto before you consider to buy a crypto coin.Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
Bitcoin is surely the most recommended coin for investment. Meanwhile XRP isn't a bad coin, but you need to do more research on it if you are interested to invest in XRP, too. Personally, I prefer to invest in ETH, BNB, or ADA if I decide to buy altcoins. By the way, you don't need to buy 1 BTC, you can buy BTC with $50 only. You can adjust how much you want to spend money on the Bitcoin.
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
There's nothing wrong about buying Bitcoin as opposed to XRP simply the because the price is several thousands. That's exactly the reason why the concept of sats exist. So you don't have to buy 1 Bitcoin to join the bandwagon. Even smaller denominations count. Another point I wanted to point out is that you should take out time to gather enough research to back up whatever decisions you make it the end and don't just take anybody words for it because aside XRP, there are still some good altcoins but then, you need to manage your risks properly.
Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
I do not get why some folks think Bitcoin is too pricey to buy into right now. But let us think this through - what happens if the price goes back to 69k? Or 100k? Or more? Seems like waiting for the right price could backfire big time.
The cool thing with bitcoin (and crypto in general) is that you can invest however much or little as you want. Whether we are talking about a single dollar or a million bucks. Either way, you will get some amount of Bitcoin for your buy. Say you have got 370 bucks ready to deploy right this second. The question becomes: is it better to get 0.01 BTC or 660 XRP? Id go with the 0.01 Bitcoin, personally.
I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
Look, taking it slow and learning the basics first is smart. Crypto world is nuts these days and rushing in might not end well. Better to go step-by-step so when its time to jump in you will be ready to rock. More fulfilling that way.
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
The price of bitcoin is not too high, and you can buy fractions of Bitcoin with any amount of money you set aside for Bitcoin investment.Since you are new to Bitcoin, I will advise you to learn about Bitcoin and how it works here, learn about Bitcoin keys and address, wallets and others before you fully start buying your Bitcoin.
XRP and any other coins apart from Bitcoin are all altcoins, and they are worth thorough research before investing in them because, unlike Bitcoin, they are centralized while Bitcoin is decentralized.
Finally, understand the risk behind all investment including Bitcoin investment before starting, and you should invest the money you can afford to lose.
Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
1 Bitcoin current purchase price I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
Because Bitcoin is the currency with the best long-term hedge, it is worthy of being an investment asset. Being serious about learning will gradually make you discover why Bitcoin is so worth it.
I know that other people have told you what to do and I will also like to add my. Concerning the price and the time to buy, I will say the time to buy is still okay for now. Bitcoin is still on it growing level to the ATH so if you have the money, you should buy now because the price will definitely pass $40+k and bitcoin is still $37k and the last ATH was $69k and this coming ATH will more than that 2021 ATH so if you buy now the finally the price hit the ATH of $80+k, you will be smiling. And bitcoin is the best to invest in so focus on bitcoin more but you can diversify your investment but take bitcoin as your priority investment.
People still talk about other cryptocurrencies but bitcoin has the highest marketcap, the most dominant, the most decentralized and it has the strongest blockchain. So, expect it to dominate others even while talking about cryptocurrencies.
Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
Did you know that you can buy $100 worth of bitcoin or less? You do not have to buy 1 bitcoin. 
Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
The price is not really high, and I hope you won't be filled with regret in the nearest future for not investing now. You don't need to gather all the money you have to buy Bitcoin, you can do a DCA and be stacking gradually based on your financial strength. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
Bitcoin has been tested and trusted that's why it's the most talked about coin. It's better to invest in Bitcoin that will double, triple, or quadruple your investment than to invest in a fake altcoin that promises to do x100, and the project owner eventually rugpulls. 
It is not as difficult to make any decision here. Bitcoin should be the first on your list. Most newbies get distracted by shitcoins and would eventually return to bitcoin when they learn their lessons the hard way. Bitcoin requires no stress if you investing using DCA and stay true to it.
As for the altcoin, you do not need to dump it just yet but do not invest anymore in it. Just hold it and watch the pump and dump season with the altcoins when it comes. And let it be a reminder that bitcoin remains king.
As for the altcoin, you do not need to dump it just yet but do not invest anymore in it. Just hold it and watch the pump and dump season with the altcoins when it comes. And let it be a reminder that bitcoin remains king.
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
Perhaps why almost everyone is hammering on Bitcoin investment is because it's the surest of the pack not to disappear into thin air. If you talk of great ROI, Bitcoin won't give as much as some of the altcoins will give within a space of two years but it's the only coin one can buy and go to sleep with both eyes firmly closed. There's a reason Bitcoin is often recommended to newbie investors and that's to keep them away from heartbreak that will arise from loss. Talking about XRP, just be careful. It's the only top altcoin from way back in 2017 till date I've refused to buy and hodl. There's something about it I don't like. 
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
It is better for you to cut the crab and start your investment plans by creating an opportunity for investment. What I really mean is for you to get your portfolios started as you are getting to know about Bitcoin. You can't just sit down and keep learning about Bitcoin. You also have to keep some coins in your crypto wallet because the coins in your wallet will help you learn more about Bitcoin. However, if you are trying to tell us that Bitcoin's price is high and that is why you are procrastinating to buy Bitcoin, that means you also have to get ready for the price if Bitcoin hits $60k and above within a short term.
So you better start buying and don't just keep your eyes on the price, although I don't really believe in altcoins, because those coins are not meant to be trusted.
I have a little knowledge but I need a guide.
And yet, you have no problem sharing your technical analysis around like you're a professional trader. So, which of these two posts of yours is fake?
At the start of this year. I predicted three cryptocurrency that will have a rise before the end of the year and Ripple is one of them. Even though I never invested in it but am happy for my friends that took my advice
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
When I first heard about bitcoin people also said the price was too high, 2000 usd.
Also, XRP price looks low, but that is not what you should look. Don't look at the price but at the marketcap (price * amount of coins)
And xrp marketcap is much hight than it looks like.
I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
I really understand your situation because I have been there before. I will advice you to start building your Bitcoin portfolio no matter how small you start but be consistent in it. Like people already commented, you must not start with 1 BTC, just little fractions and done consistently will do the magic. If you are intentional about it, set aside small percentage of every funds you earn to be injected into Bitcoin in such a way that you will not be pressured to sell it. Do thus for few years from now and see where you will be in the future in regards to your Butcoin portfolio.
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