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Author Topic: Is Bitcoin really too Expensive? Then Buy Satoshis  (Read 545 times)
Bananington
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November 22, 2023, 08:02:52 PM
 #81

You are absolutely right. For some reason, people forget that they don't have to buy 1 bitcoin at once. You can only buy a part of bitcoin, and that will be enough. Gradually accumulating, you will get 1 bitcoin and even more. It all depends on your intentions and perseverance.
They must be able to understand this so they can start buying bitcoin with the smallest value according to the budget they have made. By buying bitcoin regularly, they can collect more satoshis, especially if the price of bitcoin experiences a deep decline.
By purchasing regularly, they can increase the number of satoshis and within a certain time, maybe they will be surprised to see the number of satoshis they can collect.
They may be even more eager to collect more satoshis when they see that they still have the opportunity to buy more bitcoins.
And yes, their intention and perseverance will increase when they see that they can collect up to a lot of satoshis.
When you are still that a noob then you would really be having that impression that you should really be needing to buy a whole coin but sooner or later you would really be able to realize that it isnt really necessary
since you could really be able to buy in fractions on which this is the most viable thing to be done since not all would really be able to afford a whole coin. So it is really just that a normal action to be made on
with someone whose really have decided to deal up or making some Bitcoin investment. It isnt really that necessary that you would really be buying a whole coin since you would really be that able to buy in factions.
Bitcoin  whole coin is really that expensive and not something that all individuals or investors could really be able to afford..

Some people would really be putting up their interest on buying in other altcoins because they do really always have like that situation or impression that getting a whole coin
is really giving that kind of good feeling on which they do know that they've been holding tons. lol
Coming from a different perspective, I think the idea of an investor using the DCA strategy of investment to HoDL BTC for the future gains, is made possible by accumulation of fractions of BTC or satoshis periodically till the elapsed during of liquidation.
It makes sense as OP reiterated this stance to encourage others who think owning BTC is impossible or meaningless unless one can afford at least 1btc.
Well, the price currently would even shatter the hopes of any poor, common or peasant person, who has had a dream of investing in BTC or cryptocurrencies as the future of money for financial freedom and independence, but is faced with the current market price.
The best advice is this post. Buy Satoshis over a duration and HoDL. It is sure going to increase in value, unless one intends for other reasons such as includes to trade.

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CryptopreneurBrainboss
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November 23, 2023, 03:50:54 AM
 #82

If you missed buying bitcoin in its early days and feel bitcoin have become too expensive, then you have the opportunity again to invest in satoshi, treat satoshi as a bitcoin side project, for in the near future, 1 satoshi may worth up to $0.2 cents or even more, there are only 100 million of satoshis in every 1 bitcoin,
Satoshi is not Bitcoin's any side project, but Satoshi is Bitcoin and likewise is Bitcoin Satoshi, vice-versa,  and I so much agree with what O.P said in this thread, since Satoshi is a fraction of Bitcoin, and for whoever can not afford to buy a whole full 1 Bitcoin, can likewise afford getting it's fraction which is Satoshi, whereas, as the price of Bitcoin skyrocket, so will it's finite unit also increase in value due to demand and supply.

OP is making it sound like Satoshi is another project on its own which is kind of funny and a little misleading to newbies that don't understand what Satoshi is but I get the point he's trying to communicate by writing his thread in this way. It was actually the title of the thread that caught my attention and I'm sure it'll draw the attention of others and maybe after they read the thread they'll understand better that they don't have to own a whole Bitcoin before they can participate in the industry too. People see the price of Bitcoin and immediately think they can't afford it which discourage then from researching further to understand the currency. Just like the OP has said and others has contributed, you don't have to own a whole Bitcoin to become a Bitcoin investor and benefits from the profits of Bitcoin.

Consider every fraction of Bitcoin that you own as a share in Bitcoin profit that'll make you eligible to receive the rewards of holding Bitcoin. If Bitcoin price increase by $1000 and you own 1 Bitcoin, it means you'll receive 100% of that $1000 that Bitcoin gained and the percentage spreading across the fraction of Bitcoin you own. If you own 0.1 Bitcoin you get 10% increase of that $1000 that bitcoin gains and the percentage you gain follows same path. This is why the more Bitcoin fraction you own the better you stand to benefits from the profit increase of Bitcoin. Invest based on your financial strength and don't borrow money to own more Bitcoin because when the market corrects and you invested more than your Hodling limit, you'll be panicking and probably miss out of gains you were suppose to get as you sold under panic.

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traderethereum
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November 23, 2023, 08:06:21 AM
 #83

When you are still that a noob then you would really be having that impression that you should really be needing to buy a whole coin but sooner or later you would really be able to realize that it isnt really necessary
since you could really be able to buy in fractions on which this is the most viable thing to be done since not all would really be able to afford a whole coin. So it is really just that a normal action to be made on
with someone whose really have decided to deal up or making some Bitcoin investment. It isnt really that necessary that you would really be buying a whole coin since you would really be that able to buy in factions.
Bitcoin  whole coin is really that expensive and not something that all individuals or investors could really be able to afford..

Some people would really be putting up their interest on buying in other altcoins because they do really always have like that situation or impression that getting a whole coin
is really giving that kind of good feeling on which they do know that they've been holding tons. lol
I still position myself as a beginner and buy bitcoin fractions regularly. Even though it is hard, I force myself to continue what I am doing because I want to have more bitcoins.
If we can regularly buy bitcoins, regardless of the amount of money, we can definitely have more bitcoins. But always use the money you can afford to buy bitcoin so that it will not disrupt your financial position.
We also don't need to buy bitcoin in full because the current price is already expensive for many people. But we are lucky to still be able to buy bitcoin fractions, so that doesn't stop us from continuing to invest in bitcoin.

They can buy altcoins but they really have to be careful in choosing altcoins. Not all altcoins can get a rise in the altcoin season so they really have to analyze it deeper to find the right altcoin.

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December 29, 2023, 04:02:54 PM
 #84

Bitcoin was made in way that it can accommodate any interested person, if you are an invested that believes that you can only but when you have more than enough that can satisfy your mindset, I think Bitcoin is not for you, bitcoin investment was made so is that you can go as low as 1bucks, I don't know why people fail to understand that, most I feel that, it is only greed that triggers this kind of mindset, when you want to grow in a system and you don't have all it takes to move it fast, don't you think that the best way to go is to use the instrument within your reach to reach their.

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December 29, 2023, 05:35:59 PM
 #85

It is just as easy as saying it is not necessary to buy bitcoin if you do not have enough money to, becuase you can buy less than 1 bitcoin. Satoshi is the smallest unit of bitcoin but I do not think saying investing in satoshi is correct, it is still investing in bitcoin but people can buy less than 1 bitcoin.

For average income earners who wants to do Bitcoin investment, if they can not afford to buy 1 Bitcoin, then it's best to start according to the amount that you have, by buying in Satoshi, being the smallest units of Bitcoin. I love Bitcoin investment because it affords the investors opportunities to start small, they can do DCA method and continue to accumulate and hodle until it reaches one Bitcoin and beyond. If an average income earners is perssionate to start the journey of Bitcoin investment, the relatively high price will not be a discouragement because of the option of starting in satoshi. The way Bitcoin price is increasing it might get to a level where you'd have to be rich to do it's investment, thankfully Satoshi will bridge the gap.

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