Bitcoin is not a company, nor is it owned by own. You are free to keep or sell it. It is people who decide the value of btc.
Your title also applies on coins with low prices and market capitalisations. Bitcoin had been here for more than a decade, its value went up after going dead many times. In other words, it revived. Take out any altcoins from the list and show me if any of them proved to have the potential to do a comeback like btc did? Btc was said to be a bubble before, but now, institutions are putting in their money to incentivise this market and all of its new aspects. Crypto is not btc alone, but crypto is nothing without btc. So this superiority gives btc an advantage over others and gives it a reason to be unique and rule over. Internet changed everything but nobody was ready to get adapted to it, but crypto has given all of us a great opportunity to change our future with our hands. I cannot speak about other coins but btc can give guaranteed* returns on your investment at any price bought.
* Based on historical performance.
Topic: Just because prices are high, doesn't mean that is a good investment. - page 3. (Read 714 times)
October 28, 2021, 07:00:38 PM
October 28, 2021, 06:54:36 PM
There are too many people who buy when it is going up and sell when it is going down. That is a bit of a problem in the crypto world, I do not know how we can fix it but I believe that it is certainly something that would be a bit weird if you consider what we are doing right now. I mean if we buy when it is going down and sell when it is going up then we are making a profit and that is how trading is done, that is exactly what we should be doing.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
I think in general, that is the norm that everyone should follow: "purchase low, sell high" in order to maximize any profit from our investments.
The only problem that I see is that people sometimes mistakenly invest into BTC without even knowing what it is. Then, they start to complain once their investment goes down by 5-10% without even knowing about its volatility. Then, they start to spread rumors and fake information about BTC being regarded as a 'scam' since their friends profited and they lost.
Before you invest, it is advisable to do proper research into any investment. Blindly investing into something without even knowing its nature, history, and currency would lead to one's downfall.
Even with research prior to investing in crypto, without actual experience, those new investors won't understand anything. They won't know the pressure until they are now currently in the situation.
To become a good and better investor in the long run, they should experience all the worst things in crypto for them to become more be careful in their next actions. Those worst experiences will also be served as their foundation to minimize their mistakes along the way. And more importantly, that's their test if they really want to continue or pursue their crypto journey for long.
Professional traders nor investors, won't reach their status of being a better one if they didn't experience lots of mistakes while they progress.
October 28, 2021, 06:47:05 PM
I have seen this kind of argument that just because the price of a commodity is high means that it is a great investment.
To a certain extent, a high price often means that investors have faith in the fundamentals of the commodity (For example, one of the most expensive shares in the American stock market is Berkshire Hathaway, which has consistently outperformed the S&P 500 since 1965).
However, there is the potential that high prices don't actually show genuine interest in a stock, but rather frenzied speculation on a commodity that has poor fundamentals.
A prime example of this happening was at the dot com bubble in the early 2000s.
What happened was companies that were, to be frank, pretty shit had managed to get multi-billion dollar evaluations because investors believed that the internet had fundamentally changed the business landscape forever.
As a result, people quit their jobs to trade full time, media stoked up the desires of getting rich and everyone believed that this gravy train will carry on rolling on and on forever.
Then the combination of increased interest rates, the majority of the aforementioned companies burning through cash and investors becoming aware of it all lead to the technology and by extension the entire economy to collapse while a few key members making big money.
This entire situation was the very exemplar of the title as companies that had billions of dollars turned out to be worthless at the end.
Be vigilant.
The rule that we should hold in this market is not to invest in coins that have risen too high because I am sure it will fall and you will become a peak buyer with the highest price of the coin. that coin. follow and analyze the price of the market chart wait for the price of DIP then start to be able to buy it this is simpler than you buy the coin with the price trending up and very difficult to control get it, and buying DIP you should buy 2 times and watch at the lowest possible price. I believe those with long-term trading experience will be like me. To a certain extent, a high price often means that investors have faith in the fundamentals of the commodity (For example, one of the most expensive shares in the American stock market is Berkshire Hathaway, which has consistently outperformed the S&P 500 since 1965).
However, there is the potential that high prices don't actually show genuine interest in a stock, but rather frenzied speculation on a commodity that has poor fundamentals.
A prime example of this happening was at the dot com bubble in the early 2000s.
What happened was companies that were, to be frank, pretty shit had managed to get multi-billion dollar evaluations because investors believed that the internet had fundamentally changed the business landscape forever.
As a result, people quit their jobs to trade full time, media stoked up the desires of getting rich and everyone believed that this gravy train will carry on rolling on and on forever.
Then the combination of increased interest rates, the majority of the aforementioned companies burning through cash and investors becoming aware of it all lead to the technology and by extension the entire economy to collapse while a few key members making big money.
This entire situation was the very exemplar of the title as companies that had billions of dollars turned out to be worthless at the end.
Be vigilant.
October 28, 2021, 05:47:58 PM
There are too many people who buy when it is going up and sell when it is going down. That is a bit of a problem in the crypto world, I do not know how we can fix it but I believe that it is certainly something that would be a bit weird if you consider what we are doing right now. I mean if we buy when it is going down and sell when it is going up then we are making a profit and that is how trading is done, that is exactly what we should be doing.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
I think in general, that is the norm that everyone should follow: "purchase low, sell high" in order to maximize any profit from our investments.
The only problem that I see is that people sometimes mistakenly invest into BTC without even knowing what it is. Then, they start to complain once their investment goes down by 5-10% without even knowing about its volatility. Then, they start to spread rumors and fake information about BTC being regarded as a 'scam' since their friends profited and they lost.
Before you invest, it is advisable to do proper research into any investment. Blindly investing into something without even knowing its nature, history, and currency would lead to one's downfall.
If you are new to this investment, before you invest, better to observe how the market works and how things run around this industry, from that point you'll be able to analyze and have a better anticipations.
October 28, 2021, 04:38:29 PM
Quote
Well, bitcoin has a high price, does that mean that bitcoin isn't a worthy investment? Pretty sure that you can invest little by little if you want to or probably you might even try saving to afford the investment but that's not going to be easy.
With your determination, it can be easy for you to save a lot for the future if you really understand the market price right now. Buy when the price drop and sell when the market is suitable for you to make a good profit from the investment. 
October 28, 2021, 04:27:43 PM
This argument also has another side.
It also doesn't mean it is a good investment because it is cheap neither.
So a good investment usually don't depend on the price. High prices and go higher and low prices can go even lower.
It might not be a good investment when it is high already but how do you know it is not going even higher?
And we have many examples of this, how many times we have seen newbies in the forum being attracted to XRP or dogecoin because they see the price is cheap for those coins, not understanding that the supply of those coins is enormous which is why their price is so low.It also doesn't mean it is a good investment because it is cheap neither.
So a good investment usually don't depend on the price. High prices and go higher and low prices can go even lower.
It might not be a good investment when it is high already but how do you know it is not going even higher?
But newbies being newbies do not understand this explanation and invest anyway on those coins, and then when they obtain poor results they comeback to complain about it while ignoring the fact they were warned against investing in those coins.
October 24, 2021, 05:03:08 AM
This argument also has another side.
It also doesn't mean it is a good investment because it is cheap neither.
So a good investment usually don't depend on the price. High prices and go higher and low prices can go even lower.
It might not be a good investment when it is high already but how do you know it is not going even higher?
It also doesn't mean it is a good investment because it is cheap neither.
So a good investment usually don't depend on the price. High prices and go higher and low prices can go even lower.
It might not be a good investment when it is high already but how do you know it is not going even higher?
October 21, 2021, 02:26:56 PM
I think a lot of things are overpriced including btc, can we really say this price at which btc is trading is the actual value base on its fundamental and usage! It is hard to telll, but investors seem to develop more interest whenever the btc price is increasing, it is like a norm especially in the crypto space when people consider a project successful when it's able to attain a high price, the fundamentals always comes last.
October 21, 2021, 01:55:15 PM
True, however many times that is the only thing many traders are interested in, they see that a coin is going up in value and then they want to invest in it, they do not care what is the vision of the developers or the fundamentals of the coin, they are interested in the fact the coin has gone up in value and they want some of those profits for themselves.
And while I understand their posture as the whole point of a trader is to make money, at the same time that kind of attitude can be very risky as the majority of the times they do not know in what kind of coin they are investing and this can create some problems for them as they invest in coins that are obvious scams for the community and then they lose their money in that way.
And while I understand their posture as the whole point of a trader is to make money, at the same time that kind of attitude can be very risky as the majority of the times they do not know in what kind of coin they are investing and this can create some problems for them as they invest in coins that are obvious scams for the community and then they lose their money in that way.
This is usually why a lot of traders are getting screwed, if they will only look at the price movement and not the actual development per se.
Because if they are caught in the middle, they can really lose money as they won't know if the price will ever go up again.
So yes, it is important to follow also the updates and progress of the coin you are investing with, because it will give you insights if they have future or not.
Be careful touching pump and dump coins, because you can lose money here and not recover even your initial funds.
But when it comes to altcoins with a low volume there are way more chances for the drop to be simply because there was some kind of issue with the developers or the vision they had for their coin cannot be realized at all or they were scammers, so there are more risks you need to watch for and instead of giving more attention to those coins they give them none, causing all the tragedies we have to read on the forum and outside of it.
October 19, 2021, 05:04:10 AM
Quote
For me, it's faith in the investment is what we should have so we don't do anything wrong with our investments.
Well of course, one has to have faith on its investments but that hold the thinnest percentage in determining what a good project is. What seem matters most is having to research by oneself so you don't have to rain a curse on yourself in a later time when you get to realise the project plans which may however not favours you.
October 17, 2021, 04:50:04 PM
I think that's one of the most common mistakes people make when they first get into crypto. They see an asset, they assume it was good because it was pumping like crazy, invest hundreds of dollars, some even putting their life savings on the line, and then at the end of the day fill the r/suicide section of reddit when the asset drops so low. People gotta understand that despite the fact that price determines a lot, you have to also understand that it only determines the current implications and conditions of the asset itself, never what it could be in the future. That is to be decided by its use-case and utilization.
There are too many people who buy when it is going up and sell when it is going down. That is a bit of a problem in the crypto world, I do not know how we can fix it but I believe that it is certainly something that would be a bit weird if you consider what we are doing right now. I mean if we buy when it is going down and sell when it is going up then we are making a profit and that is how trading is done, that is exactly what we should be doing.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
That's just something we would have to live with for the rest of our lives I think. A rookie mistake will always happen on rookies no matter what. So what can we do as experienced investors and cryptocurrency enthusiasts you ask? Well easy. Invest more and don't be stingy with the information we gather. Remember that the community's success is our own success so as an individual not only should you think of yourself when you speculate and study an asset, you also want to think about the people whom you would let know of what the asset is and its pros and cons, from there allow them to make an educated decision for themselves. However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
October 16, 2021, 06:16:52 PM
There are too many people who buy when it is going up and sell when it is going down. That is a bit of a problem in the crypto world, I do not know how we can fix it but I believe that it is certainly something that would be a bit weird if you consider what we are doing right now. I mean if we buy when it is going down and sell when it is going up then we are making a profit and that is how trading is done, that is exactly what we should be doing.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
I think in general, that is the norm that everyone should follow: "purchase low, sell high" in order to maximize any profit from our investments.
The only problem that I see is that people sometimes mistakenly invest into BTC without even knowing what it is. Then, they start to complain once their investment goes down by 5-10% without even knowing about its volatility. Then, they start to spread rumors and fake information about BTC being regarded as a 'scam' since their friends profited and they lost.
Before you invest, it is advisable to do proper research into any investment. Blindly investing into something without even knowing its nature, history, and currency would lead to one's downfall.
October 16, 2021, 03:42:33 PM
There are too many people who buy when it is going up and sell when it is going down. That is a bit of a problem in the crypto world, I do not know how we can fix it but I believe that it is certainly something that would be a bit weird if you consider what we are doing right now. I mean if we buy when it is going down and sell when it is going up then we are making a profit and that is how trading is done, that is exactly what we should be doing.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
However, if we are making a loss right at when we should be making a profit because we are doing exactly the opposite then I am not going to be really sure how to help these people out neither.
October 16, 2021, 12:16:16 AM
Whenever we put in context that "Cheap is expensive" is a cliché according to what is going to be purchased. Cunaod we talk about goods and services I think that the most expensive is the best, because the quality of a service is guaranteed, when we talk about charging expensive certain work is synonymous with its guarantee and efficiency, when a person charges cheap it is not recognized for being Well, if not to collect cheap, in this aspect I think that there should be a balance, for certain things cheap is good (according to experience) such as actions in the stock market and the purchase of a cryptocurrency and even BTC (When it is cheap) I think that it depends on the context is that you can do a more specific analysis, but when it comes to stocks or to buy crypto I think that it is not buying cheap, it is buying with a very good opportunity.
October 15, 2021, 11:44:31 AM
if we choose the right coin and have an investment goal, I don't think there is a problem, because later the price will go up again from the moment we bought it. sometimes many people are impatient and tend to look at assets from a nominal usdt, even though the number of coins held remains the same
I think that can happen to bitcoin but not an altcoin because in altcoin, you better buy the altcoin when the price is dropping to get a lot of amount of that coin. If you want to buy bitcoin, let say you want to buy at a price now, that will be okay as the price will increase higher in the future so even if you buy now, you will have a chance to make a profit. 
October 15, 2021, 09:27:59 AM
Everyone has their own way of dealing with the price.... and we can't help but say that a commodity or a non-commodity is valuable or not because what affects it is the value and price.... and every media whether it's Bubble.com or Tuktuk.com all must provide news according to trends and prices and of course the highest will be the topic
October 15, 2021, 12:19:51 AM
That's how investing (or trading) works in general. You buy it when the prices are low and sell when the prices are high. It is a game of risk management. The media during the dotcom bubble was advising everybody to buy stocks and it went up and up and up. Then it went down massively. Maybe we are following a similar pattern now. That's possible.
October 15, 2021, 12:15:49 AM
I have seen this kind of argument that just because the price of a commodity is high means that it is a great investment.
Personally, I don’t think that having a high price is what makes an asset to be worth investing in. Before you start investing in any asset you have to face the fall understand what it is all about and no everything about it before you can consider it. The price doesn’t really matter that much because the developers can decide to just start from any price for the asset.An asset can be worth less than $1 maybe due to the supply, and still be much better than an asset that has a price of over $100and even $1000. Take the cryptocurrency market as an example, you will see some coins that has a high price but a lesser market cap than those with a lesser price.
And while I understand their posture as the whole point of a trader is to make money, at the same time that kind of attitude can be very risky as the majority of the times they do not know in what kind of coin they are investing and this can create some problems for them as they invest in coins that are obvious scams for the community and then they lose their money in that way.
This is usually why a lot of traders are getting screwed, if they will only look at the price movement and not the actual development per se.
Because if they are caught in the middle, they can really lose money as they won't know if the price will ever go up again.
So yes, it is important to follow also the updates and progress of the coin you are investing with, because it will give you insights if they have future or not.
Be careful touching pump and dump coins, because you can lose money here and not recover even your initial funds.
October 14, 2021, 07:03:19 PM
I have seen this kind of argument that just because the price of a commodity is high means that it is a great investment.
Personally, I don’t think that having a high price is what makes an asset to be worth investing in. Before you start investing in any asset you have to face the fall understand what it is all about and no everything about it before you can consider it. The price doesn’t really matter that much because the developers can decide to just start from any price for the asset.An asset can be worth less than $1 maybe due to the supply, and still be much better than an asset that has a price of over $100and even $1000. Take the cryptocurrency market as an example, you will see some coins that has a high price but a lesser market cap than those with a lesser price.
And while I understand their posture as the whole point of a trader is to make money, at the same time that kind of attitude can be very risky as the majority of the times they do not know in what kind of coin they are investing and this can create some problems for them as they invest in coins that are obvious scams for the community and then they lose their money in that way.
This is usually why a lot of traders are getting screwed, if they will only look at the price movement and not the actual development per se.
Because if they are caught in the middle, they can really lose money as they won't know if the price will ever go up again.
So yes, it is important to follow also the updates and progress of the coin you are investing with, because it will give you insights if they have future or not.
Be careful touching pump and dump coins, because you can lose money here and not recover even your initial funds.
October 14, 2021, 05:40:33 PM
I have seen this kind of argument that just because the price of a commodity is high means that it is a great investment.
Personally, I don’t think that having a high price is what makes an asset to be worth investing in. Before you start investing in any asset you have to face the fall understand what it is all about and no everything about it before you can consider it. The price doesn’t really matter that much because the developers can decide to just start from any price for the asset.An asset can be worth less than $1 maybe due to the supply, and still be much better than an asset that has a price of over $100and even $1000. Take the cryptocurrency market as an example, you will see some coins that has a high price but a lesser market cap than those with a lesser price.
And while I understand their posture as the whole point of a trader is to make money, at the same time that kind of attitude can be very risky as the majority of the times they do not know in what kind of coin they are investing and this can create some problems for them as they invest in coins that are obvious scams for the community and then they lose their money in that way.
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