How to train your money for costly bitcoin?

[zeaderza]

first do a lot of paper trade or if you found free software where you can play your money, the catch is get used to it first before spending your money because if you have not enough knowledge when you trade its just like gambling not knowing what lies ahead mush different in trading/investing where you studied the possible outcome

You have used the best strategy indeed.  The whole thing is entirely dependent upon the guess game. You don’t actually know that whether the price is going to fall substantially to a lower level that meets your requirement or it is going to shoot up again. Hence keeping your money set aside waiting for the price reversals is all dependent upon the luck.

But in my opinion the safest thing to do is to keep in investing your money in some sort of business so that the economy doesn’t remain stagnant and this is how the chances of buying more btc would increase automatically.

Bitcoin is totally unpredictable and guessing will never help in this field so see the market rates and stay up to date as this coin surely gives chances to its investors to buy more and investing into some other business will be not effective because when you have bitcoin then there is no need to invest in to any other so stick to your strategy. Just buy and hold and always backup some capital to avail buying chance.

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[bitcoinvamp]

Given the situation of bitcoin prices are growing higher and more higher since last few weeks is becoming more and more difficult to keep up with the regular small fixed amount of purchase. Earlier for 100 dollars a month or bimonthly I was able to see the reasonable amount of bitcoin ( or should I say satoshis). Nowadays the prices have gone high which feels real good for existing amount purchased so far. However at the same time getting clueless about how much should be put aside for regular bitcoin purchase. Because for 100 dollars the amount of satoshis we get is nothing.
What do you think how to tackle the problem of investing in bitcoin on regular basis with prices going high and higher?

It has obviously become really difficult and out of reach to buy bitcoins at this point because of the high price. What we can do is that hold the amount we have as bitcoins and when the price starts to comes down to some extent we could convert our bitcoins to fiat and then with that money we could again buy bitcoins at the lower prices. Just a thought.

[naidray]

Given the situation of bitcoin prices are growing higher and more higher since last few weeks is becoming more and more difficult to keep up with the regular small fixed amount of purchase. Earlier for 100 dollars a month or bimonthly I was able to see the reasonable amount of bitcoin ( or should I say satoshis). Nowadays the prices have gone high which feels real good for existing amount purchased so far. However at the same time getting clueless about how much should be put aside for regular bitcoin purchase. Because for 100 dollars the amount of satoshis we get is nothing.
What do you think how to tackle the problem of investing in bitcoin on regular basis with prices going high and higher?

There is no easier way to tackle the problem than to just buy the normal amount of satoshis you can afford to buy now or look for a job that would be paying you a lot so you can buy more to store for the future. There is nothing we can do about it as we cannot eat our cake and have it. As the value keeps increasing, so is the amount in BTC keeps reducing and there is nothing anyone can do except to keep enjoying the ones you have bought increasing over time.

[slyfox]

Given the situation of bitcoin prices are growing higher and more higher since last few weeks is becoming more and more difficult to keep up with the regular small fixed amount of purchase. Earlier for 100 dollars a month or bimonthly I was able to see the reasonable amount of bitcoin ( or should I say satoshis). Nowadays the prices have gone high which feels real good for existing amount purchased so far. However at the same time getting clueless about how much should be put aside for regular bitcoin purchase. Because for 100 dollars the amount of satoshis we get is nothing.
What do you think how to tackle the problem of investing in bitcoin on regular basis with prices going high and higher?

There is not much to do, you had our chance to buy bitcoin for relatively cheap prices and now it seems that opportunity is forever lost, the only thing you can do now is to try to earn bitcoin directly and hope that is enough, but obviously that has gotten harder as well since now you are going to receive a lot less bitcoin for your efforts.

[ramsdaj28]

Given the situation of bitcoin prices are growing higher and more higher since last few weeks is becoming more and more difficult to keep up with the regular small fixed amount of purchase. Earlier for 100 dollars a month or bimonthly I was able to see the reasonable amount of bitcoin ( or should I say satoshis). Nowadays the prices have gone high which feels real good for existing amount purchased so far. However at the same time getting clueless about how much should be put aside for regular bitcoin purchase. Because for 100 dollars the amount of satoshis we get is nothing.
What do you think how to tackle the problem of investing in bitcoin on regular basis with prices going high and higher?

That's really the main problem now for small investors planning to invest in bitcoin. With the high price of bitcoin, these small investors have a hard time planning on how much money should they spend to get some bitcoin (actually, satoshis). Last year, you can buy 1.315 BTC with $500.00 (lowest price of BTC last year is $380.00, REALLY!!!). Imagine, if you've bought that bitcoin last year and hold it until now, you would have around $9,500.00 in your pocket (that's 19x your investment). Now, you can get around 0.07 BTC only with $500.00. See the difference.

But now, we can't go back in past, and we have nothing to do with that situation. We have to accept the fact that we've missed the opportunity that bitcoin have given to us before. The best thing to do now is to invest your money in other cryptocurrencies or what we call ALTCOINS. Don't chase the bitcoin craze now because it's too late now IF you're going to invest just a small amount of money to it.

[d1ceplayer]

we, we can wait until the price drops before or after hard fork and buy more bitcoin me. and while we are going to invest in altcoin to do trade that can generate a lot of bitcoin for a short period of time to get good results

No any hard fork is expected to be occurring that may crash down the bitcoin price drastically and people will buy bitcoin and if a hard fork comes, it will reduce the price just a bit. Experts were alarming the people that it is the beginning of bitcoin and in future it will rise much high so why the people were sleeping that time.

It is not so late or not much expensive to buy so arrange money and buy it now because no one know the increase price of bitcoin at the end of this month. I think altcoin investment is not a good idea.

[palle11]

To train money is to hold it in your wallet because from the look of things, bitcoin price is increasing daily and this is a very good profit margin for people who have invested already. Also, using the proceed to invest again either in altcoin is good way to grow your money.

[icol333]

As always, buy low, sell high, HODL when it's stable. If you're not a big whale investor, I suggest you to buy every time you think your wallet could fit. An 70:30 ratio for crypto and real currency works for me.

[traderethereum]

As always, buy low, sell high, HODL when it's stable. If you're not a big whale investor, I suggest you to buy every time you think your wallet could fit. An 70:30 ratio for crypto and real currency works for me.

but sometimes we need to make a target price to sell so we can take a profit for what we invest and we need to determine how long we want to invest. we need to know how much our limit to buy so we still have money if somehow the price is down too far so we can buy more amount and then we can hold as long as we can.

[TheUltraElite]

To train money is to hold it in your wallet because from the look of things, bitcoin price is increasing daily and this is a very good profit margin for people who have invested already. Also, using the proceed to invest again either in altcoin is good way to grow your money.

I think what the OP meant to say was that how he/she can train themselves OR how they can spread their money into different altcoins. Yes bitcoin price is dropping and its around 10k USD today and thus its a good time to buy bitcoin if you have not already.

To be safe I would invest in those coins which are the top 10 in coinmarketcap (EXCEPT bitcoin cash obviously) and then hodl them. But if you are day trading you can try some shitcoin pump and dumps.