Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean by dropping deadline?
If people reason that they can't buy bitcoins because they are expensive, it's only an excuse because they can buy in small quantities and adjust to the funds they have.
They don't have to buy bitcoins in bulk if they don't have the money.
In addition, if they want to use bitcoin as an investment, they will buy bitcoin gradually as they would with any other type of investment.
If they can do it, I'm sure they can have a lot of bitcoins and also have a chance to make big profits.
That is true. I see many exchanges advertising people can start acquiring bitcoins in amounts low as 5$. That is an affordable amount for everyone, I suppose, so there are no restrictions when investing in bitcoin. People who say bitcoin is too expensive probably aren't educated about crypto yet, so they think to start investing they have to purchase one whole bitcoin, otherwise it's not possible to invest.
Others will also say it's not profitable to invest in btc anymore, because since it's expensive, the growing potential is inferior to cheap altcoins which can have their price multiplied by x100 to x1000, they believe.
That's why before they invest in bitcoin, they should learn what it is and how to start investing in it.
Only then will they know how to invest in bitcoin properly and they can also set the amount of money they want to use to invest in bitcoin.
It would be better if they invest in bitcoin gradually so that they can buy it at a lot lower price to help them get the average buy price.
Investing in bitcoin is indeed for the long term, so the profits will be bigger, especially if they can buy bitcoins gradually and collect a lot of bitcoins.
Actually we don't need to stress with the current market conditions, it has become commonplace for a volatile market to suddenly drop Bitcoin prices.
That's why it's important that we first know what we are buying for investment, not because many people say Bitcoin is safe and profitable.
then we just believe it without making sure first by doing research and analysis, I believe we will definitely lose in the end. That's what happens to
a lot of people today, investing in something they really don't understand and that's very dangerous in my opinion.
Therefore we don't need to rush to invest in Bitcoin, because the most important thing is that we have to learn Bitcoin first, before finally deciding
to buy Bitcoin. The difference is if we have a good knowledge of Bitcoin, we will not panic if we see the price of Bitcoin suddenly fall very low.
Because for people who know Bitcoin, they understand Bitcoin will definitely recover and will go back up to a much higher price. So those
who understand Bitcoin well they will be patient holding Bitcoin until the Bitcoin price goes up again, they even dare to buy Bitcoin again when
the price is low.