I need your contribution and opinion

[Mr.right85]

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.

Bitcoin happens to be the most talked about cryptocurrency for several reasons which ranges from it being the pioneer cryptocurrency to being the only truly decentralized cryptocurrency in the cryptospace. Not owning a few and yet dangle in the cryptospace gives the impression of, your not really sure of what your doing.

One mistake you just might be making right now is, having to attribute some importance to what is being said or what you’ve figured to be true and still not yet to invest because, you feel your not financially strong enough.
This would always seem to be the idea when your gaze is fixed on where the market price is capped. Withdraw your focus from the current market price and understand that, Bitcoin has got the Satoshi denomination. Pile that and in months, you could still own some Bitcoin(s).

[1715304998]

1715304998

[Zigabel]

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.

XRP isn't a bad investment regardless of how much people speak about it, it's always important you don't base your judgement on cryptocurrency from what people speculate, that's why it's always advised you DYOR, because not every speculations out there is true or will actually give you the desired results, it will be much better is you seek good knowledge for yourself and do all you do based on such knowledge, that way you will be in a better position to invest rightly a d be decisive about what to do at any point in such regards.

Bitcoin isn't the only cryptocurrency that should be invested in but then you need to understand the dynamics of others as compared to Bitcoin so as to influence your choice better.

[Y3shot]

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.

If you think Bitcoin is expensive you can decide to buy bitcoin in frictions and accumulate Bitcoin to the amount you desire. Bitcoin is not expensive like the way you think , just buy the amount you can afford to lose. Investing in Bitcoin doesn't mean you need  to invest all the Bitcoin , it will be very wise for you to just invest in what you can afford to lose,  do not try to force yourself on Bitcoin to the level which you do not see yourself in. Go for the amount that you can raise.

[Samlucky O]

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.

One thing you should know is that bitcoin can be bought in fractions. Meaning you can buy what you can afford. like buying 0.0007575 BTC at $31 in current exchange rate. Not necessarily buying a hole (1)BTC. You can be buying it gradually or bit by bit. Maybe weekly or monthly. Depending on your source of income. And meanwhile don be decived by the pump you see in other coins, buy selling your bitcoin for trash because it has been the mistake of many people here. And we have lernt from our mistakes and wouldn't want anyone to fall for such. Except you wan to take a glance of it. Trust me you wouldn't want to even try it.

[G_Besar]

If you think Bitcoin is expensive you can decide to buy bitcoin in frictions and accumulate Bitcoin to the amount you desire. Bitcoin is not expensive like the way you think , just buy the amount you can afford to lose. Investing in Bitcoin doesn't mean you need  to invest all the Bitcoin , it will be very wise for you to just invest in what you can afford to lose,  do not try to force yourself on Bitcoin to the level which you do not see yourself in. Go for the amount that you can raise.

In fact, investing money in Bitcoin will never be lost as long as we are able to look after the Bitcoin very well in our own wallet, because a decline in the price of Bitcoin cannot be said to be a loss. But this is only limited to reducing the amount of money we have invested in Bitcoin due to the influence of the price decrease, but when the price increases, the amount of money we have invested will also increase so that it can produce more profits. So it cannot be considered a loss as long as we still hold Bitcoin tightly enough.

[Outhue]

If you are looking for something that you can hold unto like the real Gold, it's Bitcoin and that's why it's the most talked about, you have no worries if you invest money that you won't be needing in few weeks, it's a better asset to hold on to for the long term, like right now I am planning my retirement with Bitcoin.

You don't need to get 1 Bitcoin, I don't even have up to half of one but I am still on track accumulating as time goes by to get to 0.5 Bitcoin, many newbies like you look for other alternative assets because they believe that one Bitcoin is too costly, but they lack the knowledge that you can still get Bitcoin even if all you can afford every month is $200.

And the fact is in a year or two to this time, Bitcoin will be massive once again in terms of value, you will make good amount of profits either buying just $100 Bitcoin or $1000 Bitcoin, it doesn't matter which is which, just make sure you have some Bitcoin, because it's the only most trusted decentralized Digital asset that I know.

[LuckySea]

Don't worry if you're new to this. Explore, research, and remember, you don't have to buy a whole Bitcoin. Try out some altcoins. Happy LEARNING!

[AYOBA]

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.

Instead of waiting for the price to drop before buying bitcoin, you can buy it with as much money as you can stand to lose. If you buy bitcoin, you can hold it for a long time so you won't regret it when it reaches its all-time high price. Because you don't have to worry about it or start keeping an eye on the market when you buy in Bitcoin. If you truly put in the effort to learn, you can accomplish everything you set your mind to, as long as you acknowledge that you are still learning and are fresh to the field.

However, to be honest, you have to learn more about it before you begin, you must conduct research on it because you cannot invest unless you have understanding of it or some experience with it.

[Marykeller]

Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.

How much price do you want bitcoin to be before you know that you can afford it? The justification you wish to use for not being able to invest in bitcoin due to its high price is the same one that a lot of investors used when bitcoin was only worth $20k at the Q1 of the year. They missed out on buying bitcoin at that price as a result.

Since bitcoin is currently trading at a price above $40k, a lot of people are experiencing FOMO, which causes them to invest money they can't afford to lose to avoid missing out on the chance to buy bitcoin.

That is the kind of dilemma people who consider bitcoin price first before making an investment end up in. Do you wish to find yourself in a dilemma like that? No, should be your answer. So if you have the money you can spare, invest in bitcoin now.

[Razmirraz]

Invest using money you can afford to lose, investing in Cryptocurrency can not only make a profit, you also need to consider the risk of loss. Currently Bitcoin is trading slightly higher than some time ago, but it is not too late to enter because currently the Bitcoin market is in a bullish condition.
I'm a little allergic to discussing coins other than Bitcoin, especially for beginners who want to start investing in Cryptocurrency. Make purchases in stages according to the money you have, this technique is more familiarly known as DCA.

[arjunmujay]

a little share of my experience. I used to think so too. at the time in 2017, I always thought I would not be able to buy Bitcoin in large quantities with the money I had. finally, I allocated all the money I had to buy altcoins and tokens at low prices and hoped that these coins in the next few years would turn out to be expensive and get profit from it.

But the opposite happened, I almost lost all my money because I chose the wrong coin for investment. at that time I was very frustrated and wanted to quit the world of cryptocurrency. but after learning more, and still wanting the money that had been lost back again. I decided to save Bitcoin. please note yes, that I only save regularly bitcoin and not with other coins. it's a long time, but that way my assets are now even more than what I wanted.

[aioc]

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 understand that you're a newbie in investing but you can buy $100 worth of Bitcoin it doesn't have to be a whole Bitcoin, this

Bitcoin is too high now

stuff has been going on since Bitcoin was only worth $500 that's one of the reasons why they cannot buy Bitcoin and waiting for the price to drop to a price that they want to buy, but unfortunately that's not going to happen, and buy delaying they are losing a lot.
If you did your research and you believe in Bitcoin you will invest at what price it presented to you and just study the market check for dip and purchase more.

[Litzki1990]

Bitcoin investment is talked about because investing in Bitcoin is very reliable and safe. You mentioned you don't have much money to invest in Bitcoin but you do have money to invest. There are no restrictions in Bitcoin investment that you have to invest a lot of money rather you can start your investment with any amount of money you want. Start investing with the amount of money you have now and later you can increase your investment amount as you wish. Like everyone else I would suggest you to start investing in Bitcoin and when you have a decent investment in Bitcoin you can invest in any other coin out of all the other coins in the market. Starting to invest with Bitcoin may be positive for you in the beginning.

[Dunamisx]

Invest using money you can afford to lose, investing in Cryptocurrency can not only make a profit, you also need to consider the risk of loss. Currently Bitcoin is trading slightly higher than some time ago, but it is not too late to enter because currently the Bitcoin market is in a bullish condition.

There's this thing i liked about cryptocurrency, it gives everyone equal opportunity to invest any amount they could afford, this is what we can do at our own convenience without any barrier to stop us from achieving our desired mindset towards investment we want to make.

I'm a little allergic to discussing coins other than Bitcoin, especially for beginners who want to start investing in Cryptocurrency. Make purchases in stages according to the money you have, this technique is more familiarly known as DCA.

Maybe the fear of having a number of shitcoins all around the crypto network is one of the reasons to have this kind of fear, but we can always take the risk according to our level and understand what is involved, this is why we should always make research before making an investment.

[Dzwaafu11]

and now the BTC  is experiencing a price correction or decline. If you are interested, you can consider buying it, but you have to do your own research first so that you don't regret it if you experience a loss because crypto price movements are very difficult to predict.

Exactly. The bitcoin price is still good to invest in, and it’s the only legit coin to invest in if you are ready to do so. However, nobody can predict how the price of bitcoin will be in the next couple of months or even years, so it's still never too late to invest. However, the OP should not forget that there are risks involved in the investment. While he is doing his research, he should know more about how he will secure his investment and how to manage the risk of a bitcoin investment. He should also not forget the term invest what he can afford to lose, which is very important to take into consideration when making a decision about an investment. So he won’t come and panic when the price goes up, which may even lead him to sell the coins without gaining any profit from the investment.

[CryptoHeadlineNews]

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 just had a conviction, and yet still doubting the authenticity of your conviction as highlighted above. Because to me, though it's true Bitcoin that the current price of Bitcoin is high at the moment, but yet it remains the only coin you could invest in it and be rest assured of having value for your money in a very long period of time, unlike most altcoins who's value deprecaite just like fiat as time goes on. So for me, the only advise I can give now, is to start investing the little amount you can afford to eight now, a and then you increase you portfolio either through Dollar Cost Averaging method or through subsequent consistent buying at the amount you can always afford to that very moment.

[Y3shot]

Don't worry if you're new to this. Explore, research, and remember, you don't have to buy a whole Bitcoin. Try out some altcoins. Happy LEARNING!

I don't think starting with altcoins is the best to start with beginners, beginners needs to have good knowledge about cryptocurrency before they make decisions of investing in altcoins.  Altcoins are risky it is not an investment beginners need to  partake on beginning of the journey. Beginners who know nothing about cryptocurrency might decide to go for altcoins for investment and end up picking altcoins that can end up being bad for investment.

[AakZaki]

Invest using money you can afford to lose, investing in Cryptocurrency can not only make a profit, you also need to consider the risk of loss. Currently Bitcoin is trading slightly higher than some time ago, but it is not too late to enter because currently the Bitcoin market is in a bullish condition.
I'm a little allergic to discussing coins other than Bitcoin, especially for beginners who want to start investing in Cryptocurrency. Make purchases in stages according to the money you have, this technique is more familiarly known as DCA.

a little allergic to other coins?
It seems you need special allergy medication, but I didn't think too much about your allergies. I also have some top altcoins and memecoins to hold on to. not just bitcoin, because I don't put my eggs in just one basket, but I separate them into other baskets. actually there is no harm in investing in other coins that have great potential such as ETH, SOL etc., because they are the top altcoins. I even made a profit from many of these coins. Bitcoin can be the main investment, but there must be other investments that support the main investment. this will be a double benefit.

[Marvelman]

Don't worry if you're new to this. Explore, research, and remember, you don't have to buy a whole Bitcoin. Try out some altcoins. Happy LEARNING!

I don't think starting with altcoins is the best to start with beginners, beginners needs to have good knowledge about cryptocurrency before they make decisions of investing in altcoins.  Altcoins are risky it is not an investment beginners need to  partake on beginning of the journey. Beginners who know nothing about cryptocurrency might decide to go for altcoins for investment and end up picking altcoins that can end up being bad for investment.

Yeah.  Altcoins can definitely be super risky for new crypto investors since a bunch of them turn out to be total scams.  I wouldn't tell my friends to throw money at random altcoins without doing some homework first.  But I also think getting some skin in the game with some cheaper altcoins can help beginners start to understand stuff like digital wallets, blockchain transactions, etc.  It's not a bad way to get the basics down without having to risk thousands upfront like you would with bitcoin and  i kinda wish I had played around with some small amounts of altcoins when I first started rather than jumping straight to bitcoin cuz there was definitely a learning curve there.  So while I agree altcoins have tons of downsides for crypto noobs, I think tiny investments to help them start grasping concepts isnt the worst idea either.

[lionheart78]

Don't worry if you're new to this. Explore, research, and remember, you don't have to buy a whole Bitcoin. Try out some altcoins. Happy LEARNING!

I don't think starting with altcoins is the best to start with beginners, beginners needs to have good knowledge about cryptocurrency before they make decisions of investing in altcoins.  Altcoins are risky it is not an investment beginners need to  partake on beginning of the journey. Beginners who know nothing about cryptocurrency might decide to go for altcoins for investment and end up picking altcoins that can end up being bad for investment.

That is why people need to do their own research. Verify every promise made by the altcoin project, check the validity of the claims of the project developer and check for any red flags that can be a sign of possible fraud or scam intent.

Although Bitcoin is proven to be a good investment, if the investor wants to venture into different types of cryptocurrency due to the potential of huge profit, no one is stopping them from doing so.  Besides we are not in the position to tell them what to do since we do not know the possibilities of altcoins in the future and it is not our own money that they are spending.  Yes, Bitcoin has made a lot of millionaires but I think if one is investing right now, the profit multiplier of Bitcoin is not as high as before.  So people who want to hit big time sometimes go for altcoins investment and I don't find any wrong with that.  It is that they should be extra careful and do intensive research to avoid being burned by their own choice of investment.