Bananington
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September 02, 2023, 09:59:17 PM |
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For now don't invest into bitcoin thinking the price will go up.
This is not a good thing to insinuate for a potential investors, It can scare them away and some of them may take it wrongly because they do not understand and not want to invest in bitcoins now because you are saying that the prices will not go up now, whereas bitcoin is very unpredictable and can blow up in just a few minutes which makes it even better to invest in now than later. Invest in bitcoins now because you cannot predict how the next few hours will go for bitcoins.
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Wiwo
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September 02, 2023, 10:00:05 PM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too ashamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
Bitcoin at this point have gone too far for small investors to have the hope or chances of making it big from their profits, because Bitcoin at the moment is highly cost and at that 1 sat will take a longer time considering its current DCA value. But since faith can move a mountain I believe and hope four faith will keep you motivated until you reach your goals.
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serjent05
Legendary
Offline
Activity: 3038
Merit: 1280
Get $2100 deposit bonuses & 60 FS
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September 02, 2023, 10:04:10 PM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope. No one knows the future but the possibility is always there. I would love to see satoshi to reach $1 so it is not bad to hope for it. I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number. It is not a shame to invest in that way, even with small number, it is way better than having no Bitcoin investment at allo. Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
As I stated, there is always the possibility but we will never know when it will happen until it happens. So we can just hodl and wait patiently as the future of Bitcoin price unfolds.
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spectre71
Member
Offline
Activity: 360
Merit: 23
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September 02, 2023, 10:52:23 PM |
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For now don't invest into bitcoin thinking the price will go up.
This is not a good thing to insinuate for a potential investors, It can scare them away and some of them may take it wrongly because they do not understand and not want to invest in bitcoins now because you are saying that the prices will not go up now, whereas bitcoin is very unpredictable and can blow up in just a few minutes which makes it even better to invest in now than later. Invest in bitcoins now because you cannot predict how the next few hours will go for bitcoins. This is dump AF. Yeah IT can go to hell, it may NEVER go up. Then you last sentence contradicts you first point and make the point of the person you quoted. We call that here "shitting down both legs"
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InfinityExists
Newbie
Offline
Activity: 13
Merit: 0
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September 02, 2023, 10:56:07 PM |
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Keeping buying man, that's all i can say. No matter how much money you are putting into BTC, I can almost guarantee you will be making money in the future.
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Hamza2424
Legendary
Offline
Activity: 1162
Merit: 1103
Payment Gateway Allows Recurring Payments
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September 02, 2023, 11:08:17 PM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
What, who cares how much amount you can buy or you can afford to buy in the near future, all you need is self-satisfaction, also DCA doesn't mean that you have to buy every week or every day, it's just a strategy to efficiently accumulate BTC on the longer time frame, as far I know most of the people follow Monthly DCA, even you can count Quarterly or yearly as well. Buddy, I won't show the Green Garden to you with the Valuation of the Bitcoin, People believe it will easily cross $1M per coin in just a few years. When BTC was on the $1 not even a single one could say that he expected BTC to cross even $1k boundary but it did cross and see how long we have covered from $1 to the $69k now the next journey is just a tip of pen to cover. But we are not here to achieve the bTC above $1M or $10M we are here to be with BTC 1BTC = 1BTC is more than enough because our aim is to achieve the universal payment mode status with the BTC.
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anjiitem
Sr. Member
Offline
Activity: 798
Merit: 250
Vave.com - Crypto Casino
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September 02, 2023, 11:38:41 PM |
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I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
It's okay OP, everyone has a different amount of investment according to their financial capabilities. And if you have extra money my advice is never be too greedy to put all your money into investing in Bitcoin if you think can't meet your basic daily needs. Remember, don't expect big and fast results if you want to invest in Bitcoin because Bitcoin was not created to make you rich quickly. I think it's okay if you can currently only invest in Bitcoin once every two months but make sure you do it regularly and form good investing habits, I think you can increase the investment amount over time as long as you can increase your income too.
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Darker45
Legendary
Offline
Activity: 2772
Merit: 1932
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September 03, 2023, 01:20:03 AM |
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If that day will come, I'm sure we're all dead by then. So it's pointless to count on that possibility.
You seem so sad that you can't DCA on Bitcoin as often as you want. Don't be. That you can afford to invest in Bitcoin every two months is no small thing. That means you have extra money to invest. Many people in almost all parts of the world don't have the luxury of having extra money.
My friend, Bitcoin is not the be-all and end-all of life. There are a million ways to live a happy life without Bitcoin. Don't be too hard on yourself simply because you don't have much.
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Stella Mese
Member
Offline
Activity: 392
Merit: 31
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September 03, 2023, 01:55:27 AM |
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investing in bitcoin with small capital of course usually the profits you get are also small, but don't be sad if you only buy bitcoin with a little money, who knows in the future you can buy btc using a lot of money and maybe in the future you will have more than 1 bitcoin. so keep the spirit hopefully your investment generates a lot of money.
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gunhell16
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September 03, 2023, 02:15:26 AM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
You know my advice to you, instead of thinking like that dude, If you really believe in Bitcoin, you'd better start saving it little by little for the long term. This is if you strongly believe in Bitcoin. Because at this time, what you are asking is actually far from the truth about that happening. Although all Bitcoin believers want that to happen. So the best thing to do if there is an opportunity for us to buy Bitcoin is to do it and take advantage of it before the time comes when we will only buy when its price has increased or is already increasing in the market. Let's not be like others who buy Bitcoin when the value is high. That's not the right way, let's not be like those who believe that seeing is believing.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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Gallar
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September 03, 2023, 02:54:59 AM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
It is possible that this could happen in the future, therefore keep hoping and never get tired of always being optimistic. Because even if for example 1 satoshi can become 1 cent it can take quite a long time. But you will never know, that in the future you may get a large enough fortune and in the end be able to invest in bitcoin with a large enough capital. So for now, you should be able to work harder, so that your income can increase. Apart from that, you need to remember that everything always starts from very small things and goes through the stages (processes) and then becomes big. So that is also the case with the bitcoin investment that you are currently doing, even though you are currently only able to invest in bitcoin with not too much capital. But you must remain confident, and continue to consistently set aside your money to invest in bitcoin. Since you already want to start investing in bitcoin, I think this is a very good action. With that in mind, you are actually already very good and have the desire to progress. So keep the spirit, friend.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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Uruhara
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September 03, 2023, 03:11:29 AM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
We never know what will happen in the future. So we will never know whether Bitcoin will be more widely adopted in the future. But I personally believe that Bitcoin will be accepted by more countries in the future. So the price of Bitcoin in the future could indeed increase many times compared to now. So I also hope that I can be strong in holding the bitcoins that I have, even though they are not as many as other people's. I believe that if everything goes according to expectations then in 10-20 years the price will have doubled.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Fiatless
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September 03, 2023, 03:22:24 AM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
You don't have to compare yourself with anyone else this is because we are not in the same country or earn the same amount. Buying Bitcoin is not a competition and I am not sure that everybody in this forum owns bitcoin. People might be here to learn bitcoin because they want to invest in it in the future. You have to focus on earning more through legal means and save as much money as you can. I will also suggest that you don't push yourself too much to buy Bitcoin because the coin will always be available for you to buy. Nobody can predict the price of Bitcoin in the future so you may not get the answer to your question but the price of Bitcoin will certainly keep increasing.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Don Pedro Dinero
Legendary
Offline
Activity: 1498
Merit: 1749
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September 03, 2023, 03:56:35 AM |
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Maybe you have your priorities wrong? Probably try working on trying to increase your income first before putting in money to bitcoin. Personally — unless you're working up a ladder of a corporate company position, probably try starting a business first? And make sure you have savings for when you unexpectedly get fired or a similarly bad situation.
Probably. The OP has not responded so far but this seems to be the case. Someone with a low income who sees bitcoin as a way out of his situation, and would do better to try to get out of it by other means, increasing his income, and having bitcoin as a complement. It would also be necessary to see if the OP has savings other than bitcoin to draw on in a time of need, and to avoid having to draw on what he has invested in bitcoin for an emergency in a downturn in the market.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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irhact
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September 03, 2023, 04:29:32 AM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number. Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
No individuals knows if 1 sat will be worth 1 cent or 1 dollars someday just as nobody could have predicate that Bitcoin will rise to $69k as it did the last bull market. We're just investing and hoping for the best to happen to the price as more adoption and acceptance keep happening to Bitcoin. If you can buy once in two months and you can do it continuously then you're dollar cost averaging and you should continue doing it until you reach your targetted Bitcoin investment. There's no specific timeframe in using to dollar cost average but any individual that wants to do it has to be consistent with it. There are many people like you OP so keep doing what you're doing and when the price of Bitcoin increases, you'll be in profit as others too.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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karabiber
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September 03, 2023, 05:24:09 AM |
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It's impossible to be certain about the market and it's pointless to start despairing when things start to get depressing. No hope, no future. If you dream of getting rich with small savings in the crypto market, sorry you can invest in shitcoins. Not everyone can afford to invest but you have to have ambition and ideals. If these things happen you should continue to buy Bitcoin steadily, regardless of the time interval you invest. There will be ups and downs on this path but you should never give up. I am sure you are doing the right thing by investing in Bitcoin.
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michellee
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September 03, 2023, 06:56:25 AM |
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There must be hope for small Bitcoin buyers because many people still cannot afford to buy 1 Bitcoin in full. They use DCA to buy Bitcoin in increments and can only buy it once a month. But that's okay because they will keep passing it until the amount they want.
You can also do the same thing. If you can only buy Bitcoin once every two months, keep doing it until you have reached the amount of Bitcoin you want. After that, you just have to wait for the moment to sell Bitcoin and wait for the price to exceed $69k. At least, you can start selling your Bitcoin if the price reaches $80k or even more.
Now is still the right time to do DCA because the Bitcoin price is dropping again at $ 25k-$ 26k. If you can use this time to buy Bitcoins gradually, you will be able to collect some Bitcoins, which can later provide a decent profit for you. Patience is the key and continue what you have been doing.
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icalical
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September 03, 2023, 01:34:32 PM |
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Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
Not impossible but not in near future, if you are still struggling to invest in Bitcoin then shouldn't be your focus, invest only what you can lose. Learn more skill, get better job, that should be your focus. While you can invest small amount of your spare money into bitcoin and just leave it alone, never touch it, it will worth something one day.
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Rikafip
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Activity: 1946
Merit: 6433
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September 03, 2023, 01:50:47 PM |
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Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
Since current price of 1 satoshi is ~$0.000262, it would need to make x40 in order to reach 1 cent which would bring bitcoin price to ~$1 million. So yeah, I guess something like that is possible in the future. With that being said, I do think that days when you could make a fortune out of few hundreds of dollars invested in bitcoin are long gone, but that still doesn't mean that its not worth it to invest in bitcoin. So, keep adding up as much as you can whenever you can, no matter the amount.
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kryptqnick
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September 03, 2023, 01:58:04 PM |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
1 Bitcoin is 100 million satoshis. So if 1 satoshi is 1 cent, 100 satoshis is a dollar, right? And thus the price of 1 Bitcoin needs to reach $1 million, basically. I think that if we're talking about the future decades rather than years, it's possible we'll see it somewhere around that price. I don't know, maybe 20 years from now, and maybe never, but I don't think it's completely impossible. Investing a bit if that's what you can afford is fine, but if it's really tiny amounts, things like transaction fees should be accounted for, not to mention the potential profit even if Bitcoin reaches that high. To put it in perspective, if you invest $10 into Bitcoin, it will be somewhere around $350 if Bitcoin reaches $1 million (I didn't count precisely, it's just a rough estimate). That money is next to nothing in many regions of the world. So for something life-changing, a person still needs to accumulate a significant amount, and perhaps focusing on trying to improve one's financial situation first makes sense.
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