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Author Topic: Bitcoin is Too Expensive For Me.  (Read 811 times)
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December 24, 2023, 04:14:12 PM
 #1

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

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December 24, 2023, 04:20:36 PM
 #2

You think Bitcoin is too expensive, right? You don't need a whole Bitcoin! Like real estate, you buy a part that fits your budget inside a block. Buy a Bitcoin fragment with $2k. You can invest what you can afford, which is great. the sooner you invest, the better. Bitcoin increases over time, like any good investment. Simple market rule: demand raises prices. As more people use Bitcoin, its value may rise. Waiting? That means the same pie piece may cost more.


Remember that no investment, including Bitcoin, is guaranteed. But if you're looking at the future, think about it this way: Bitcoin is advanced technology, not simply currency. It's changing finance. Your $2k might unlock that future. Be cautious and never invest more than you can afford to lose.
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December 24, 2023, 04:27:52 PM
 #3

If you really wanted to invest in Bitcoin, you'd better start now because it is likely possible that in the next few years, it will be more expensive than today. You don't need to have a huge capital, $100 is enough to start. Perhaps, you can add more if you want like adding $100 weekly or monthly, depending on your capability. It depends on your way of investing, DCA is a common strategy, you can try it either.

But if you are in doubt and think I CAN'T, nothing will happen to you aside from losing the opportunity. The market will soon to bullish, can't afford to miss it, I hope to consider it and find a way to invest.



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December 24, 2023, 04:29:13 PM
 #4

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
I believe $2k is more than enough to begin investing in Bitcoin. You really don't have to buy a full Bitcoin to make profits from Bitcoin investment, all you need is a share in Bitcoin and for that you can start with even $100.

I recommend you to follow a good strategy to accumulate Bitcoin with $2000, you should either go with weekly DCA strategy or dip buying strategy, both of them work like charm for all investors. I would suggest you to learn about Bitcoin before investing in it.

You should give some time to learn about personal wallets and how to save your private keys and seed phrases and once you learn it fully then you can purchase Bitcoin on weekly basis or by using the dip buying strategy. Remember, your own personal wallet is the best way to hold Bitcoin.

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December 24, 2023, 04:40:00 PM
 #5


You don't need to buy the whole 1 BTC, you have the option to just a fraction of it which you could buy even just worth $10 if this is the only spare amount you have. You won't even hurry to sell them when the market starts dumping after all it's just your extra money. Consolidate all your extra money in a year and you may find yourself a lot more in 2024.  The goal is to have something that you can keep in your wallet in case you need it the most. It helps you feel secure that you still have some money

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December 24, 2023, 04:49:00 PM
 #6

$2k small money?
Though, it can be a good investment for the long term if you hold it until the latest ATH is reached.

You've been on this forum long enough, and even longer than me.
Since 2013 have you been accumulating Bitcoin or just squandering its price when the price is still very cheap.

If you say that the current price is too expensive, let you see how much the last ATH has decreased.
That's about -36.70% and it's still a good opportunity to keep accumulating, doing DCA with your money, waiting for a correction to start buying.
If you're still waiting for the $10k price, that would be a dream that won't come true right now.


https://www.coingecko.com/en/watchlists/all-time-high-crypto
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December 24, 2023, 04:49:07 PM
 #7

trying to self custody bitcoin even at $100 allotments is not feasible due to the bitcoin fee..
however some people are taking the risk of just using a centralised exchange as a bank account to keep balance of sats value and not withdraw to self custody.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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December 24, 2023, 04:49:19 PM
 #8

OP, you already have what it takes to invest in bitcoin, you should buy Satoshi and not 1btc. You can even buy bitcoin for as low as $100 weekly with DCA method. This will enable you to increase your bitcoin portfolio gradually. I know what newbies think about bitcoin that they must buy one full bitcoin but that is not true. This is because bitcoin gave a opportunity for both the rich and poor to invest in.

I will advice you to use your $2k to buy bitcoin but not once, as you can share the money into two parts. You should use one part to lump sum and use the other part for DCA, where you can buy at different price and at different time  interval. Also you can set aside 10% from your monthly income for regular DCA either weekly or monthly and hodli for a long term.

You can accumulate your bitcoin in an exchange when buying with a small amount like $100 and after it has reached $300-$400, you can transfer it to your self custody wallet.

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December 24, 2023, 04:50:23 PM
 #9

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Seeing Bitcoin at about $44,000 doesn't mean you can't own a bit of it, it's only that you can't get to own the whole of it with that kind of an amount. It is painful that people didn't take Bitcoin seriously when it was so cheap, but now, it is becoming more difficult for ordinary people to own a full Bitcoin, but the rich. Well, as it is now, if you truly mean the investment and you are smart as well, one day, you will get to own a full Bitcoin. You will wonder how. The logic is simple. You will start by buying any amount that your money can take you now and wait for it until the full bullish potential of this current season is fully actualized. Then liquidate the position and wait until the next bearish season would be over to buy again. By then, Bitcoin would have been cheap again and would have reached a very low level again and you would have gained multiples of your initial $2,000 from the initial bull run you started the investment with.

So, you continue like that. Let's say that Bitcoin moves x3 this time, you would have about $6,000 by then. And in the next strike, you might strike it close to around $20,000 if possible. So you would use the $6,000 in the next bull run for another round of investment, and it goes on like that. Before you know it, by the time you do it two more times, you might have had a whole 1 BTC+. That is a good approach but it will take time before one can achieve it. Who cares? Once it is a long-term investment plan, it will definitely work as planned and you have nothing to lose as well once you do not immediately depend on the money.

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December 24, 2023, 04:51:04 PM
 #10

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

It's still a good investment even at the current price. Who knows how high it can go when the bull run comes? You can buy even less than 1 whole Bitcoin. So, if you're interested in investing in Bitcoin, why not buy now? Who knows what the price will be in the next few days? My advice is to buy only a small amount like 3% of $2k per day to accumulate more Bitcoin in the long run without buying it at all at a high price. You can buy it weekly or daily if you want to lessen the risk and find a good price.
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December 24, 2023, 04:59:42 PM
 #11

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in the future that I can invest?
Why are waiting to buy a whole Bitcoin when its price is low, then you are wrong Bitcoin will never go down to $2k. You don't need to buy a whole Bitcoin as you can simply use the DCA method that will make a good profit for you. The price is high now and in the coming time, it will increase more so I. Future will not get the opportunity to buy Bitcoin. As you told me you have $2k then why you are waiting to invest it in Bitcoin because you will not get the same worth of Bitcoin in the future. So the better suggestion is to invest your money now and use the DCA method, invest $100 per week or month and slowly invest all your funds, and in the future,e you will get a chance to earn more on this $ 2k Bitcoin. You will never find this opportunity in the future because in the future the price will not be the same as today.
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December 24, 2023, 05:14:41 PM
 #12

You don't have to own a whole Bitcoin. That's the beauty of Bitcoin investment. You can own any portion of it and you get what you are paying for. There are only 21 million bitcoins in this whole world. On the other hand, 8 billion people live in this world. How do you give 21 million Bitcoin to 8 billion people?

You pay $1 you get a soda. You pay $10 you get a burger. You pay $1,000 you get $1,000 worth of Bitcoin. And as the time passes, if the price of the Bitcoin grows your investment will also grow. It's all about holding your investment for a longer period of time until it gets profitable. There is no perfect time when it comes to invest into Bitcoin. If you have missed all the past opportunities, don't worry you will get more.
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December 24, 2023, 05:29:20 PM
 #13

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
This is one concept I think most people always fail to understand about Bitcoin being an asset whose value grew simultaneously with time and demand. Because for the fact that 1 Bitcoin is $43,000 today, it doesn't mean if you invest you still can't make a reasonable profit only if you allow over a long period of time. Because to me, I clearly see no difference with those who might have invested in Bitcoin 10 years ago and probably sold after 3 or 6 months later, as those who buy today and still sells after 3 or 6 months times, as both wouldn't have made any good profit of a Bitcoin investment. Hence, Bitcoin remains an asset if you want to make huge profit you invest and leave it for 10 to 15yrs.

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December 24, 2023, 05:33:39 PM
 #14

Yes bitcoin is too expensive if you buy it 1 BTC directly.  Grin

You can still buy bitcoin with $20 and make it an investor, but you have to buy defensively such as doing DCA and buy bitcoin every week or every month for the equivalent of $20 if that's what you can afford, so bitcoin is not complicated you have to buy 1 piece because you can buy in fractions.

Even if I buy 1 BTC, I won't be able to because I don't have that much money, there is something easier by accumulating by applying the DCA method, I think even many small investors do this.

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December 24, 2023, 05:43:41 PM
 #15

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Will only be expensive if you are aiming to invest in 1 BTC instantly. But the idea of investment does not work that way. Of course the bigger the amount, the bigger the profit. However, if your financial capacity is limited, then what can we do about it? Point here is to invest any amount at a good entry point and you will still earn profit from doing so. Profit is profit mindset; you don't need to align your expectations with other people who has a bigger capital than you. Would you be choosing to earn smaller profit than your ideal, or to just not earn at all, not any dime? Problem here is people who wants instant huge profit from a single asset. The market price is indeed high still at this moment then therefore you should wait first as your priority than to let your greed take over the situation. Waiting too much for a smaller market value could also be a problem 'coz the price has a tendency to continue its upward movement. Only invest once you are ready.
The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

It's still a good investment even at the current price. Who knows how high it can go when the bull run comes? You can buy even less than 1 whole Bitcoin. So, if you're interested in investing in Bitcoin, why not buy now? Who knows what the price will be in the next few days? My advice is to buy only a small amount like 3% of $2k per day to accumulate more Bitcoin in the long run without buying it at all at a high price. You can buy it weekly or daily if you want to lessen the risk and find a good price.
Any price point will be fine making an entry with given that its market price is always expected to break its previous ATH. However if dump suddenly take place, you'd be stucked in the middle until the market price again increase. This is why you should know the 'grounds' you will be moving with before actualizing uour purchase of it.

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December 24, 2023, 06:00:36 PM
 #16

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
If we are talking about the current price, It's rare for someone to have a 1 whole bitcoin for their first investment. This maybe a common mistake for newbies to think that they need to buy a whole bitcoin which is very expensive for their investment, this is a common reason why there are people who don't pursue their bitcoin investment. I know this because there are some people who reached me out because they are finding bitcoin alternatives that they can invest on, they thought that they can't buy a portion of bitcoin.
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December 24, 2023, 06:02:53 PM
 #17

trying to self custody bitcoin even at $100 allotments is not feasible due to the bitcoin fee..
however some people are taking the risk of just using a centralised exchange as a bank account to keep balance of sats value and not withdraw to self custody.

or do 100 a week for ten weeks on an exchange then place the 1000 in your own wallet.

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December 24, 2023, 06:04:49 PM
 #18

Why are you not thinking Bitcoin as an asset which you can buy of fractional amount? Like you don't want to own 1 complete Bitcoin worth $40k.
You can buy 0.01 BTC for $400. What's wrong with that? Change your mindset mate, you should start collecting Bits and it will make so much change in your mindset.
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December 24, 2023, 06:10:55 PM
 #19

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Op, you're not late and you don't need to have 1 BTC to be satisfied. You can be buying using DCA based on your financial strength. I want to believe there were persons who complained that Bitcoin was quite expensive when it was at 5k and for that reason they didn't buy. Going by today's price, I'd say that they'll be regretting their indecisiveness. So if you don't want to wallow in regrets tomorrow, buy and hodl Bitcoin, no matter how small your bag is.

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December 24, 2023, 06:22:23 PM
 #20

There is DCA that is a practical approach for many investors because it allows you to accumulate Bitcoin over time, making it more accessible for smaller budgets for not so rich people like us. Fractional purchases make it feasible for a wide range of investors, contributing to the broader adoption of cryptocurrencies. These past years weve seen that those who were hesitant to invest in Bitcoin at lower prices often regret not taking the opportunity.  But it’s okay. Regardless of the amount, getting started can pave the way for potential future gains and satisfaction with your investment decisions. Smiley

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December 24, 2023, 06:33:18 PM
 #21

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

I think you can always invest in Bitcoin. Bitcoin is a more secure investment tool than other coins. I think it is not right to be late to invest in Bitcoin. If you wait long enough, your Bitcoin investment will always increase in value.

You can also buy some altcoins with some of your money and diversify your investment. This choice is yours, but I think it is not right to be late to invest in any coin. Due to the structure of the crypto market, it always provides investment opportunities.
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December 24, 2023, 07:00:32 PM
 #22

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

It’s not necessary to purchase one whole Bitcoin or huge chunk of it since you can invest for as low as a 1$ due to Bitcoin has smaller unit that you can still hold. What matter the most is the percentage of growth that will reflect to your capital instead of looking to the Bitcoin price.

Bitcoin total supply is small compared to bunch of shitcoins that typically range from 100M to Trillion or more. Don’t be a victim of meme coin with huge total supply their 0.0000xx price is not cheap but rather it’s 1 unit has low value due to its huge supply.

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December 24, 2023, 07:08:06 PM
 #23

It has become impossible for a new small investor like me to invest in Bitcoin.
You are the one assuming it that it is impossible because you think that the price of Bitcoin now is quite high. It's not yet late for someone like you to invest.

I am a very small investor.
So what? most of us here aren't even big investors.

$2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
That $2k of yours might be bigger someday but it is for you to decide and that's your future. As I can see, you're aware of the opportunity Bitcoin can provide to each of us, big or small investor. Well, no risk - no gain.

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December 24, 2023, 07:11:02 PM
 #24

too expensive?

its a value worth it, and you can always get less than one
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December 24, 2023, 07:27:47 PM
 #25

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

The good thing about bitcoin is that you do not need to buy the whole bitcoin BTC, in fact if you have $2K money to invest in bitcoin, you can buy that much bitcoins only.
With the passage of time, when you save money, try to invest in Bitcoin, Keep on DCA and sooner or later you will have enough Bitcoins at good prices.
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December 24, 2023, 07:31:24 PM
 #26

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Do not wait for future opportunities, now is the best time to invest while bitcoin price is still not at its peak. Yes, it will always be expensive even before but you don't have to buy a whole bitcoin in the first place. You can start investing even with a less amount, that means your spare money that you are comfortable losing. If you do DCA overtime, you will earn more than 1 bitcoin throughout years of investing.

Right now, if you stay hesitant to invest because of its expensive price, then you might be regretting in the future. Bitcoin has a very bright future, so grab every opportunity that comes by start buying now.

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December 24, 2023, 07:36:31 PM
 #27

The sky-high price tag of Bitcoin could definitely freak out some newbie investors who don't have thousands of bucks burning holes in their pockets.  But don't let sticker shock scare you off if you're just starting out with a couple hundred to play around with.  What would be an acceptable price for you to start investing, anyway?  Because, you can definitely forget about the BTC price ever going back to $2000 again.

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December 24, 2023, 07:42:56 PM
 #28

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Well, it's really hard to start investing if you are trying to perceive the whole bitcoin price. But if you look at its positive side and would act more practical, you can start buying even a small fraction of it. Bitcoin's value is never count as a whole, but even from the very small part of its coin. So learn to buy at a minimal amount, and then you can increase your position when you think you're capable enough.

If others who are not earning at a maximum wages have already succeeded investing in bitcoin, then why can't you? It's only a matter of understanding bitcoin that every single portion counts.

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December 24, 2023, 07:44:09 PM
Merited by Josefjix (2), Mr.right85 (2)
 #29

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine.
If you think bitcoin is too expensive, then be ready to carry to carry the cost of regrets later when you discover that you did not have to wait until you were able to afford 1btc or more before you could own some bitcoins. Many bitcoin holders currently do not have up to one bitcoin in their holding, they are using any free cash they have to purchase as much satoshis as they can because even with their satoshis, they will still be profit from bitcoins although not so much as those with more bitcoins.

Well does Bitcoin provide any opportunity in future that I can invest.
Your opportunity to invest is now.

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December 24, 2023, 07:44:43 PM
 #30

too expensive?

its a value worth it, and you can always get less than one
True.
He's got money to buy but don't want to because that thinking of his is stopping him to buy in fractions.
Remember OP that you don't have to buy a one whole bitcoin but you can always buy less than that and in cheaper quantities.


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December 24, 2023, 08:42:52 PM
 #31

Listen up, OP. Whatever you spend on bitcoin you can expect similar profit percentage wise. Say you invest $1k and bitcoin goes up 50% next year, you'll have 1,5k. Someone who invests 10k will have 15...
Buying a whole bitcoin doesn't change anything! There's no rule saying you have to own a full bitcoin to profit from it.

That said, if you feel like it's too expensive, so be it, but years ago bitcoin was still trading at over 20k, so there was no way for you to get a full bitcoin, even in 2021 or 2022. What does it matter if you could only get 0.1 years ago and now you can get 0.05? What matters is you turn your fiat money into something that doesn't value money every year like your cash.

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December 24, 2023, 09:18:36 PM
 #32

I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
I think the issue isn’t that your a very small investor, it’s rather of two key things.

1. You hope to invest just about a cent and get a massive ROI that reads in thousands od dollars and I’m not talking about a thousand but as much as 5BTC and above could offer. (Just an insinuation)

2. You don’t care much about getting sats or mBtc, your focus is on getting at least 1Btc and then you reap the benefit that follows when it booms.

Apparently. You can’t hope to invest very little and get massive ROI. It’s always young to be in multiples of your holdings.
The good news that you’ve failed to look at is that, Bitcoin isn’t a currency that requires you to own a whole (1Btc) at a go. It’s something you could always accumulate over time with some good plan. That’s why we’ve got the DCA strategy. You could gradually build your portfolio and don’t think much about it but, it would be worth everything when the time is right.

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December 24, 2023, 09:23:56 PM
 #33

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
If it is too expensive and burdensome then I suggest not to do it Cheesy
It's quite simple actually because in this case we have to be able to feel confident in what we are doing but when we are not too sure and feel more pressure to be in bitcoin why do we force it because there is no need for a reference for ourselves to be in bitcoin and bitcoin also does not have a forcing nature for everyone to accept so with things like this for what to force things that you cannot force.
Your mindset at least needs to be changed in this case because when in bitcoin it does not mean you have to be able to have 1 or 2 bitcoins at once but indeed because your mindset is only for large profits then you feel that buying bitcoin with the amount of wealth you have becomes meaningless because bitcoin is already very expensive (according to your beliefs and you cannot reach it).
You have to find out more about bitcoin because if it is only a large and short profit that you think about then forever you will not be able to get out of bondage.

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December 24, 2023, 09:29:04 PM
 #34

Where were you when Bitcoin was playing in the $16K zone? Wasn't it very cheap compared to the current price? We often see this type of post when Bitcoin has been mooning already. However, it still isn't overpriced if you compare it to ATH. On the other hand, there are rumours about the Bitcoin ETF, so if it approves, then we might see more pump on Bitcoin. So I can still say it's cheap if you can afford it. Keep in mind that crypto investment is always risky since we can't forecast it exactly. So do what you think is best; we don't know if Bitcoin would be cheaper.

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December 24, 2023, 09:42:23 PM
 #35

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
There seems to be a few mistaken ideas about bitcoin on your post, first of all it seems you think you can only buy bitcoin in full units and this is not true, you can buy fractions of bitcoin and 2k is enough to buy you enough of it to hold for the long term, especially if you keep investing any spare money you may accumulate during the next months, another mistake is that you seem to be expecting for the price to go down before you invest, and while this makes sense, as the lower the value of bitcoin when you buy it the higher the profits you can get, you want to do this when we are already very close to the halving, and this means an upwards movement is more likely than a downwards movement at the time.

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December 24, 2023, 09:48:25 PM
 #36

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Trust me Bitcoin was too expensive for us too in the past. We thought we've already missed the great opportunity but time thought us it's never too late. If you think about long term investment start today and you will be surprised in a couple of years how your wealth increased. If you want to make a quick money with no effort then yes, Bitcoin is too expensive for you. But if your plan is 10-20 years you will gain a lot with Bitcoin. Don't waste your time and money with altcoin lottery, because it doesn't always go as expected.

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December 24, 2023, 09:51:02 PM
 #37

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
The high rise of bitcoin hasn't in any day or way made new small investors stop investing in bitcoin. It is you as a new investor who doesn't want to take the risk to invest in bitcoin now you have the opportunity.

To keep on checking on the price of bitcoin doesn't help matters because it won't fall down below $20k. You better have an entry price to invest at the current price(above $40k). That's the favor you can do for yourself than think a lot about the bitcoin price. Invest the $2k you have, if it is a spare money. You can implore a DCA strategy so that you won't invest your $2k at once in bitcoin.

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December 24, 2023, 10:01:15 PM
 #38

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

The only thing, asset or property, that you can consider too expensive for you above what you can afford is something that can't be split or divided into different sizes, but in bitcoin, it's not compulsory that you buy a whole bitcoin; you can buy as little as you can afford if not for the network fee. You can even get bitcoin for as little as 5 cents, but right now you can just do a DCA with little of your capital.
 
If you still don't buy now with the belief that it's too high, you might also not be opportune to meet it here again in the feature, so it's better for you to start accumulating it small and small with the little that you have and can afford before you will even realise it. You might have accumulated up to 1 whole BTC. Many people who are even earning less than you do are bitcoin investors.

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December 24, 2023, 10:08:51 PM
 #39

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.


Why would you think $2k is not enough? Any amount is enough. There isn't really any minimum amount to buy bitcoin. There are lots of people who own less than $2000 worth of bitcoin. I have no idea why you say "it has become impossible" for someone with $2000 to put it into bitcoin. It is very possible, there is literally nothing stopping you from buying $2000 of Bitcoin.
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December 24, 2023, 10:13:10 PM
 #40

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Invest whatever you can afford right now, buddy. Bitcoin is a flexible investment where you can start with as little as 5-10 dollars. You have different methods to choose from, like Dollar-Cost Averaging (DCA), lump sum, or buying the dip. However, buying the dip might not be ideal since you'd have to wait for Bitcoin's price to drop. Right now, there might not be a dip soon, and today's price could be considered a dip tomorrow. Whatever you decide, act quickly to not miss out on the next bull season. I suggest using the DCA method. Pick an amount, like $50, and decide how often you'll invest that amount. This way, you can steadily increase your Bitcoin holdings, and before you know it, you'll have invested a significant sum.

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December 24, 2023, 10:14:49 PM
 #41

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

If you want to have one bitcoin at a time, it may be small with a fortune of $2k, but you can use the dca method by buying bitcoins gradually until you accumulate one btc. Bitcoin investment is not only for large investors but also for small investors. After all, bitcoin investment is not seen from the amount of capital you have but it is seen from how much capital you consistently make on Bitcoin and hold it patiently so that you can get bigger profits in future.

And investors must always remember, Bitcoin is still a high-risk investment. So, if you buy bitcoin, you have to be really careful and willing to lose money. Likewise because high risk, high reward. So don't be a crybaby. Invest the amount you want to lose to avoid premature aging.

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December 24, 2023, 10:43:47 PM
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 #42

The only thing that's expensive about bitcoin nowadays is its transaction fees lol. The reason why you think bitcoin is expensive is because you mainly assume that "buying" bitcoin, an investment tool, is more like buying stuff conventionally, which counts as an expenditure. And in that regard let me break that wrong preconception for you so you gain more confidence in making investment choices in the future, doesn't have to be bitcoin or whatever.

When you buy something like bitcoin, you don't just "buy them", and that's it. When you buy an investment, you don't generally buy them, you make them work for you. It's like sending your kid to school really, or hiring someone to do your work for you. Your kid does all the heavy lifting in school and graduates to provide himself a future that you can be proud of, you reap some of the benefits, and that's it. or in the case of the outsourced worker, you have him do your work for you so you can have more opportunities to earn money in other ways, he gets your job done and you get paid still.

Basically buying bitcoins or any investment for that matter doesn't just entitle you to a purchase, it entitles you to a better financial future that you can achieve soon as you make that choice. And for crying out loud, if you can spend hundreds of dollars a month paying for useless subscriptions I think you should be able to buy yourself a few bitcoins consistently lol.
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December 25, 2023, 01:40:43 AM
 #43

not too expensive if you want to invest in bitcoin now, I got to know bitcoin in 2017 and I'm very sorry to see the current price of bitcoin, I think the price of btc in 2030 will reach $ 200k if I look at bitcoin's current journey, even though it doesn't reach that price like that, bitcoin will definitely grow continuously

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December 25, 2023, 01:55:45 AM
 #44

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

realistically 2k is not going to ever be 1,000,000

Yes if you grabbed 100 btc at 20 usd each and held them til April of 2021

 $ 2000 did become  $6,900,000 and it will likely never do that again.

In fact we very likely will never see a $20 investment item turn into $69,000 ever again in out lives.

I know of no item that was even lower than $20 actually lower than $1 that did what BTC did.

I do not count lottery tickets.


But that does not mean you can't turn the $2,000 into  $40,000 or more.

Heck I had a $2,000 IRA for 30 years it become $28,000 when I cashed it out.

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December 25, 2023, 02:13:02 AM
 #45

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
21M total supply
19M circulating Supply (Approx)
8b total population
How do you become a Bitcoin investor in this race of 8 billion people? This competitive coin will one day become the world's most valuable coin, while Bitcoin will be the benchmark for the wealth of the world's rich.
So, if you really want to invest in bitcoins, invest as much as you can without delay. The amount of bitcoins you get now will get you less bitcoins with this dollar in the future. So I think it is better to invest in Bitcoin as soon as possible without delay.

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December 25, 2023, 02:17:44 AM
 #46

If you are referring to a whole bitcoin, then yes, it's too expensive or the price is so high that you can't easily afford to buy and invest in it, but that's not where you can only invest in bitcoin; in fact, you can only bring a fraction of bitcoin or satoshi, so your $2k can be started as your investment; it doesn't have to be; you have to buy 1 BTC. No small investor can start with a fraction, and from that, you yourself will find the opportunity to earn.

That's why it's very important for new investors to invest in ideas and knowledge first before they can engage in investing. See your mindset. Most of the mindset of a beginner is being intimidated by the high price of bitcoin. You should explore more and gather knowledge from that. You will know that you can start small and that your skills will make your investment grow.

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December 25, 2023, 03:40:30 AM
 #47

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Of course, Bitcoin has started its journey to its all time high again. Looking at the current price, you are right that a small investor cannot invest in it as it will require a good amount of money to invest. You can also invest in bitcoin from $2k, but it is less likely to give you a good profit, because even if the price of it double from here, you will only get $2k will be the profit. no one knows how far the price of it can go in the future, and how far it can fall again if it falls.

So time will tell if you can have a chance to invest or not, but if you choose small, better and more strong coins instead of investing in bitcoin, you can get good returns. small coins are risky than bitcoin, so bitcoin is the best option if you want to prevent any losses.


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December 25, 2023, 04:00:45 AM
 #48

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Right now Bitcoin looks expensive, but if you invested 10 years ago you probably wouldn't complain about the current price.
You don't have to buy 1 Bitcoin to try investing, try first with a small amount that you can afford. It's better than nothing.
There is no guarantee whether in the future Bitcoin can give you the investment value you expect, but in the crypto user community they don't always talk about its valuation value.
There are also those who actually apply the exchange rate in real life.

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December 25, 2023, 04:27:36 AM
 #49

Right now Bitcoin looks expensive, but if you invested 10 years ago you probably wouldn't complain about the current price.
You don't have to buy 1 Bitcoin to try investing, try first with a small amount that you can afford. It's better than nothing.
There is no guarantee whether in the future Bitcoin can give you the investment value you expect, but in the crypto user community they don't always talk about its valuation value.
There are also those who actually apply the exchange rate in real life.
When you consider an asset for investment, you will have to consider multiple factors at the same time

Risk must be small enough. There is always risk to lose money but if you can find an asset with minimal risk, it is better.
Chance to get profit. Bitcoin is a strongest cryptocurrency and it leads cryptocurrency market. It has four-year cycle with Bitcoin halving and usually makes a new all time high with each new market cycle. Chance to get profit with Bitcoin is good if you can hold it.

Your priority must be safety for your capital. If you can not protect your capital, don't think how you will be able to get profit and can protect your profit.

With Bitcoin, you don't have to buy 1 BTC but can buy 0.001 BTC or 0.01 or 0.1 BTC. Even smaller amount can be purchased through Lightning Network too.

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December 25, 2023, 05:40:03 AM
 #50

You got that 2k invested in bitcoin and trust me, you're going to get a lot of profit if you hodl for a really long time or just set it to be sold when bitcoin gets to 100k. Also, you've got a job probably right? You can slowly invest in bitcoin via DCA and as time goes by, bitcoin isn't that expensive to you anymore. Don't be like those other people out there that's still indecisive about bitcoin investment because they're going to have a hard time regretting that indecisiveness when bitcoin gets to a new ATH.



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December 25, 2023, 06:05:09 AM
 #51

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Yes, Bitcoin price is around $43k to $44k now, expect it to go up gradually. Since you have $2k you can buy small amounts of bitcoins. If you think you will buy when the price of Bitcoin is going down, then you will hold back from buying Bitcoin because the price of Bitcoin will rise further in the future. Since the Bitcoin halving is just a few months away. We know that Bitcoin price increases during Bitcoin halving. This means that you could miss out on potential gains if the price of Bitcoin rises. I think you should invest in Bitcoin now, then you will surely see profit in future.

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December 25, 2023, 06:20:38 AM
 #52

No, it is not impossible for a new small investor who wants to invest in bitcoin. They can still buy bitcoin at the current price or in the following months.
As long as they want to invest their money in bitcoin, they can start whenever they want.
With that $2k wealth, you can invest in bitcoin using the DCA method. And it will depend on whether you want to do it or not.
Investing in bitcoin with DCA means you buy bitcoin regularly for a certain period and save it. You should also set your selling target so that you can sell the bitcoin if the price is reached.
At that time, you can make a profit and I think the investment value can exceed the value of your initial investment.
And before you start investing in bitcoin, you should learn what needs to be prepared so that you don't go down the wrong path and can hold your bitcoin until the time you determine.

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December 25, 2023, 07:16:18 AM
 #53

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

You don't need to buy 1 BTC at all instead make a portion of it is enough for your investment, not all people have the budget like others to invest a large amount, but having a 2k USD as an investment is a big amount of money if you are not confident with the bitcoin just a half of the asset you have and half of it is into the arts like we keep saying that not ideal to store most of your asset in just a one bucket of investment to prevent burn all of your money. With the current market price 2k$ is now 0.046 BTC

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December 25, 2023, 07:16:36 AM
 #54

You can always do the DCA method or Dollar-Cost Averaging wherein you can also invest in small amounts in regular periods instead of investing a large amount in all one go it’s also my plan since i do not currently afford to go all in all at once it allows for better timing in investment and allows you to manage risks better

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December 25, 2023, 08:01:15 AM
 #55

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Of course, you can buy any amount of Bitcoin, which doesn't mean you have to buy 1 Bitcoin to invest.
I suggest you get rid of the thought that Bitcoin is too expensive and you can't afford it, it will be detrimental to your future.
The price of Bitcoin moves quickly at any time and is likely to return higher in the future which makes it useless for you to wait for the price to be able to buy it, so it's better to invest whatever you have while continuing to look elsewhere to add to your investment savings. You.
Remember that this is a long-term investment and you can do it gradually to get much bigger profits.

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December 25, 2023, 09:28:19 AM
 #56

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
You have a higher amount of money than mine, but I manage to buy Bitcoin still.

You're like some of the newbies out there that have what I call "1 Bitcoin syndrome" where they think that they can only own 1 whole Bitcoin, but in reality, they can buy a portion of that whole Bitcoin. I mean why do people think like this? What they want is to buy a single Bitcoin instantly, and if they can't, they'll think that Bitcoin is too expensive for them.

I'm like you OP when I was a newbie. I wanted to own a single Bitcoin at that time, but through out the process, I learned that I could still invest in Bitcoin without buying 1 whole Bitcoin. Buy Bitcoin weekly, or monthly basis, or depending on the availability of your money. You don't need to own a whole Bitcoin in just one buy, but you can buy portions of it until you get that 1 whole Bitcoin.

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December 25, 2023, 09:41:30 AM
Merited by ZAINmalik75 (1)
 #57

not too expensive if you want to invest in bitcoin now, I got to know bitcoin in 2017 and I'm very sorry to see the current price of bitcoin, I think the price of btc in 2030 will reach $ 200k if I look at bitcoin's current journey, even though it doesn't reach that price like that, bitcoin will definitely grow continuously
When bitcoin price was about $1, then someone called it too expensive.
When bitcoin was about $10, then someone called bitcoin too expensive.
When bitcoin $10000, then someone called it too expensive.
When 2021, bitcoin was about $69000, then someone called it too expensive and too late to invest.
But now bitcoin $43000, then someone called it too expensive and too late to invest.
In the future bitcoin would hit $100000, then someone called it too expensive and delay to invest...

Don't hesitate, invest and be rich in the future.

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December 25, 2023, 09:45:17 AM
 #58

I am a very small investor. $2k wealth is mine.
And yet you can afford to use a smart device and have internet connectivity to post on this forum?

Quote
Well does Bitcoin provide any opportunity in future that I can invest.
You can answer this yourself if you read the charts of bitcoin back in 2009 to modern day 2023 and see how much the price has risen in the last 14 years. If the early adopters would have chickened out back then they would not be so well revered as of today.

Dont forget that you dont need to buy a entire 1BTC to invest. It is divisible upto 8decimal places and fractional buying is what people most commonly do.

R


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December 25, 2023, 09:50:53 AM
 #59

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
The basic thing to know about Bitcoin is that You don't need to have to buy 1 BTC. You can buy it whatever you have with a minimum purchase on the exchange and that can be as little as 10 dollars. so it doesn't have to be 1 BTC. Moreover, you have 2K, so this is an opportunity for you as long as the money is an amount that you can afford to lose. You need to understand first how much money you want to invest, whether it will be all BTC or will there be diversification into top altcoins which also have small prices. This will definitely affect your investment. Pay attention to the coins and don't choose new shitcoins or meme coins.

R


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December 25, 2023, 10:15:51 AM
 #60

You got that 2k invested in bitcoin and trust me, you're going to get a lot of profit if you hodl for a really long time or just set it to be sold when bitcoin gets to 100k. Also, you've got a job probably right? You can slowly invest in bitcoin via DCA and as time goes by, bitcoin isn't that expensive to you anymore. Don't be like those other people out there that's still indecisive about bitcoin investment because they're going to have a hard time regretting that indecisiveness when bitcoin gets to a new ATH.
Best mindset to have and it's a good advice to just invest that 2k in bitcoin and giving out the prospect of what could be the resulting profit if they've invested and waited for it until the price has gone to a 100k, you've also covered the DCA part so OP doesn't have an excuse not investing or regretting investing. My only take in all of this is that OP should take it all slow, if OP doesn't feel like investing a huge amount of money to bitcoin, they can just do DCA so they can ease in without too much worry or regret about investing in bitcoin. And to OP, remember what @pinggoki's last statement, that your indecisiveness could be your downfall.

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December 25, 2023, 10:39:24 AM
 #61

You can always do the DCA method or Dollar-Cost Averaging wherein you can also invest in small amounts in regular periods instead of investing a large amount in all one go it’s also my plan since i do not currently afford to go all in all at once it allows for better timing in investment and allows you to manage risks better

This is the best method you could do because those who bought 1 or more Bitcoins at once are rich people and they can actually afford it whenever they want. as for those people that haven't reached enough fortune to buy that much, they can just take it easy for themselves by dividing the money they need for their essential needs and when they reach the money that they don't have any use for it, they can actually just convert it for bitcoins like many of us were doing right now. That's how you make it easy so that others can also invest in bitcoins without worrying too much about their money.

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December 25, 2023, 10:58:48 AM
 #62

You can do very well with $1000 investment on Bitcoin, this idea of too costly was what many believed when Bitcoin reached $100, those who missed buying at $10 believed it was too late already, you don't need a full bitcoin, you can just buy some and risk your money on other alts, this is not a financial advice though but I believe that other assets have better returns in a short period of time than Bitcoin, when and if Bitcoin makes a new all time high you will definitely make good money even if you don't invest a lot.

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December 25, 2023, 10:58:56 AM
 #63

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Bitcoin current price is impossible for new investor? Nah, just like what I've always said, this same words have been over used already. People kept complaining when bitcoin value is rapidly increasing, but always has doubts during bear season or when the price tend to slow down a little bit. When it was still around $1k, people said it's too late as bitcoin may have peaked and is impossible for someone to investment at the moment. Then a few years after it hits $10k people said the same thing, until it hits almost $20k still nothing changes people still thought it's too late and impossible to make profit from it. I'm not surprise if there are still people who will still say the same thing, just like the OP.
TBH, $2k is a decent amount to start.

R


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December 25, 2023, 11:21:02 AM
 #64

You can do very well with $1000 investment on Bitcoin, this idea of too costly was what many believed when Bitcoin reached $100, those who missed buying at $10 believed it was too late already,
$1000 is quite good amount of money for investment. If we buy Bitcoin with $1000, it probably can be $2000 or more in the future.
Sure, the price of Bitcoin is predicted to reach $100k in the next bullrun season. People who didn't buy Bitcoin, will regret it when Bitcoin reaches its new ATH in the upcoming bullrun season. So, we mustn't waste the chance to buy Bitcoin now.

you don't need a full bitcoin, you can just buy some and risk your money on other alts, this is not a financial advice though but I believe that other assets have better returns in a short period of time than Bitcoin,
Agree. It isn't a must to have a single investment. Many people diversify their investment to have a chance for bigger profits. Although altcoins are riskier, but it offers faster and bigger potential for profits. Sure, we risk the money in altcoins, but it has some advantages for sure. So, it deserves to try for having some type of crypto coins.



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rodskee
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December 25, 2023, 11:27:11 AM
 #65

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
I don't see why you said you cannot afford Bitcoin when you clearly said that there
is 2k dollars on your pocket? you don't have to buy whole bitcoin instead you can just buy that
amount for bitcoin portion and then once there is a great pump then you can double or even x5   
that amount in the future.

peter0425
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December 25, 2023, 11:45:26 AM
 #66

Diversify your money mate, there is some option that you can do so you can still earn in bitcoin and also in altcoins.


1000$ = Bitcoin of course

400$  = Ethereum

200$  = Binance coin

200$  = Ripple

200$  = assorted coins of your coins even shitcoins or meme coins.


with those listed you can at least have some chance of earning multiplier .









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Rockstarguy
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December 25, 2023, 11:48:07 AM
 #67

not too expensive if you want to invest in bitcoin now, I got to know bitcoin in 2017 and I'm very sorry to see the current price of bitcoin, I think the price of btc in 2030 will reach $ 200k if I look at bitcoin's current journey, even though it doesn't reach that price like that, bitcoin will definitely grow continuously
When people thinks bitcoin is expensive to invest I think they do not understand what it means to invest in bitcoin. To invest in bitcoin one doesn't have to invest 1 bitcoin or the whole Bitcoin,  Bitcoin is open for everyone irrespective of what one earns. If you are planning to buy bitcoin that is above your means of income, I think it is not the best decision for investment. In bitcoin we buy and invest what we can afford that won't be a burden to us.

As the value of bitcoin keeps increasing it doesn't mean people won't be a able to afford it, people can still buy according to their income and it will still be profitable if hodling is it for a longtime.

R


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bluebit25
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December 25, 2023, 12:05:45 PM
 #68

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

With $2000, are you really serious about investing, and Do you have any plans for it?

I know many people are hesitant because they want to own more numbers in their account than the value of the investment. Balancing risk/return on investment helps us reshape our position. I agree that altcoins can bring quick and profitable profits but at the same time cause assets to evaporate quickly. The main problem is investment asset management. For people with large assets they do not like much risk. So from a personal perspective, I can understand why the OP thinks it's not suitable, but remember at some point when you have a larger investment your thinking will prioritize bitcoin, it's like a game loop of accepting decisions to achieve a goal.









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Youngkhngdiddy
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December 25, 2023, 02:49:47 PM
Merited by Zigabel (2)
 #69

Diversify your money mate, there is some option that you can do so you can still earn in bitcoin and also in altcoins.


1000$ = Bitcoin of course

400$  = Ethereum

200$  = Binance coin

200$  = Ripple

200$  = assorted coins of your coins even shitcoins or meme coins.


with those listed you can at least have some chance of earning multiplier .
  Personally this is something I would consider, diversifying my money. Bitcoin is good and promising yeah but then I don’t just like placing all my eggs in one basket. Bitcoin is a must asset to own and it’s never too late to jump in to the market, with just finding the right entry and entering the right time you can have your own share in the market. These other assets you just mentioned are not bad investments too, and the interesting thing is that they are not as expensive or high priced as Bitcoin, these other coin can give you a good return too in the next bull run. We are currently seeing the rise of altcoin, these coins can actually yield profit too as bitcoin. With just getting the right information and DOYR.
    There are lot of opportunities in the the crypto space, we just need to ready to engage and have a reasonable capital to invest with. The bull market is coming and lot of opportunities comes with it. But then we still need to be careful about our decisions and dealings around the crypto space, they are lot of cyber criminals out there waiting to prey on investors, we should be extremely careful with the kind of exchangers we are investing with. This criminals can be so smart to even go to the extent of making clone exchangers disguising to be true. I guess with the help of the forum we shouldn’t be worried about those cause the forum has given us that better insight and understanding about Bitcoin and cryptocurrencies as a whole.
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December 25, 2023, 03:10:28 PM
 #70

Why should you be pessimistic and think Bitcoin is too expensive when you already have enough capital to be able to invest in it even at $2k. Maybe you have heard that many very special people and community members in their families managed to manage their investments in BTC even though they initially experienced ups and downs due to lack of capital.

Yes. This requires strong determination where along the way there may be obstacles, but if you are an expert, I am sure the trading strategy gap will be found by itself and of course start looking for ways to buy some BTC while glimpsing the depths of bitcoin so that in the end we will understand how to make money money in this industry well.
     

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m2017
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December 25, 2023, 03:21:43 PM
 #71

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
You won’t believe it, but for me bitcoin is very expensive. Smiley I'd be more than happy to buy this for $500 or something like that. Smiley But as you can see, no one sells for this price. Therefore, take it for the price offer it for. In the future, this investment will certainly pay off, and it doesn’t matter whether you can afford a whole bitcoin. Be content with even the smallest parts you can reach.

Bitcoin is not yet at the highest altitude, because very soon (well, not quite soon) we will see different indicators. If OP had been a little bolder a couple of months ago, he could have bought bitcoin at a completely different cost than now. So, the longer you doubt and whine (about the high cost), the more successful opportunities you miss. Don't slow down.

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December 25, 2023, 04:08:36 PM
 #72

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

In what way is bitcoin too expensive for you? You are totally wrong in your thinking. Did you think you need a huge amount of money before you can begin investing in bitcoin? You were mistaken because you didn't consider it further before you made your decision. Investing in bitcoin doesn't have to be expensive for anyone who can take on the risk, some people started investing with as little even less than $2k. Still you have that much money to begin with, you still believe it will be very expensive to begin with. Everything was created to begin gradually, you cannot decide to begin investing because you expect to make money quickly, everything is done step by step.

Don't be discouraged by the current price of bitcoin, some people will be happy to start investing with even less than that just to make sure they have start investing. If you are still afraid to invest all of your money, you can start with $1k or less. Don't let the price of bitcoin stop you from starting anything, invest doesn't mean you should hold one bitcoin.

R


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December 25, 2023, 07:09:22 PM
 #73

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Why do people always think that you need to own a full 1 Bitcoin in order to actually start investing? It's like other investment method, you can invest with the fraction of Bitcoin based on your affordable amount of money you can do and then you can go from there. $2k is actually a decent amount to start, the only problem is are you aware with the amount of outcome and possibility could occur in the future?

You have to know about that, as for Bitcoin investment you have to actually read about the news so you know what's going on at present and the future. Bitcoin is not a secret money making mechanism, this is like other investments hence you need to actually do some research first before doing something.

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December 25, 2023, 07:33:34 PM
 #74

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
This is a thought that you have to throw away, even with $10 you can buy Bitcoin, it's just that to get bigger profits, you have to invest more money.  anyway, one thing you must understand, bitcoin is different from most other investments, even in gold, you have to buy a minimum of 1 gram of gold, there is no measurement for lower than that, and in the property business, you have to spend much more money It's not enough just $1000 or $2000.

Diversify your money mate, there is some option that you can do so you can still earn in bitcoin and also in altcoins.

1000$ = Bitcoin of course

400$  = Ethereum

200$  = Binance coin

200$  = Ripple

200$  = assorted coins of your coins even shitcoins or meme coins.

with those listed you can at least have some chance of earning multiplier .
It's not that i hate Ripple and Memecoin, but i don't think the advice you gave is good, it's better for you to suggest OP invest more in Bitcoin and then buy ethereum or BNB (part of investment asset diversification)

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December 25, 2023, 10:02:56 PM
 #75

.. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. ..
Why do people always think that you need to own a full 1 Bitcoin in order to actually start investing? It's like other investment method, you can invest with the fraction of Bitcoin based on your affordable amount of money you can do and then you can go from there. $2k is actually a decent amount to start, the only problem is are you aware with the amount of outcome and possibility could occur in the future?
There are still many ordinary people who don't really understand Bitcoin. In fact, they may have started to be interested in crypto, but seeing the price of Bitcoin which in fact is like a representative of crypto, they feel that they can't afford it because the unit price is very expensive. Yes, because they don't understand this, they don't understand that they don't have to buy 1 BTC but can do whatever it takes as long as the minimum is on the exchange and that's quite a bit..

And because of this, many beginners turn to hyped shit coins because usually the price is small and the promise is very high. In fact, they are being targeted as victims of this new project.

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December 25, 2023, 10:54:30 PM
 #76

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Personally, I will not invest Bitcoin at this point because it's sitting in the supply zone. It's best to look for a support that can be possible for the price to bounce back or wait for an impulsive break of the supply zone. It's quite risky for you to invest this time because retracement is not happening yet and then we can start to buy if we think that retracement comes to an end. Investing randomly in the market can lower the probability and can hurt your emotion a lot if the price went to the opposite direction especially you are newbie, you should take care of your emotion as it is also a key to your success.

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December 25, 2023, 11:01:30 PM
 #77

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

You can buy Bitcoin in parts.  You do not buy a whole of it.  You can even buy some parts of Bitcoin for as low as $10.  Also you do not need to buy in bulk.  You can always DCA or accumulate when you have extra funds in your budget.  Bitcoin is not a sprint, Bitcoin is a marathong so we do not have to worry whether we will miss the opportunity or not since Bitcoin is here to stay and Bitcoin is best kept for the long term to maximize profit.

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December 25, 2023, 11:27:23 PM
 #78

You have $2k and you think it’s nothing? Wait until you see what people have in their wallet. What I’m trying to say is that you don’t need to have 1 complete Bitcoin to be an investor. Satoshi Nakamoto intentionally made it that Bitcoin could be as small as 0.00000001 and if you check the value of that, it’s worth nothing, but that’s how small someone can have. You may think that what you buy with $2k is worth nothing right now, but have you thought about the long run? It could be double or even more. I personally believe that Bitcoin has the potential to be worth hundreds of thousands of dollars. It may take really long, but it’s possible. $2k is not a small amount!



 

 

 

 

 

 


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December 25, 2023, 11:29:49 PM
 #79

Yes, Bitcoin's price gradually continues to rise from time to time, but there are always price fluctuations. Sometimes some people who don't know about BTC science always fail and lose because they can't take advantage of Bitcoin's fluctuations, such as bull markets and bear markets. In my opinion, investing in BTC doesn't look at how small or large the capital is because in my opinion the most important thing is desire and only capital that is ready to be lost is worth investing in BTC. So in my opinion, having $2k in capital is not a problem as long as it is money you are ready to lose and you are prepared for the risks posed by BTC.

In my opinion, investing starting from small capital is a good way and of course the risk will not be too high because even if the loss is not too big. Of course, by investing in BTC there is definitely a chance of profit in the future and of course there is a chance of loss in the future too.

I think buying BTC doesn't have to be 1 BTC because of course you can buy a little bit. Yes, the point is it's never too late to buy BTC, but be yourself and do research before you buy. and now it is certainly very difficult to buy BTC at a very low price because now the bear market is over and of course it will be difficult for BTC to fall to a lower price, for example $16k. so I think the only opportunity left is now.

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December 25, 2023, 11:31:16 PM
 #80

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine.
No, the value of Bitcoin is yet to reach great heights. Wait till December 29th which was the deadline set by the US SEC for spot Bitcoin ETF updates while approval was said to take place in January before we see the great height of BTC.
Some analyses predicted that after the BTC ETF is approved, the individuals who hold at least 0.87 BTC will be among the top 1% of the most wealthy.
Don't let the belief you're not holding 1BTC discourage you.

Well does Bitcoin provide any opportunity in future that I can invest.
Ask yourself why is BlackRock the most powerful investment company in the world filing for BTC spot ETF and doing everything in its power to make it happen.
Do you think this people have time on an investment that's not profitable?

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December 25, 2023, 11:35:03 PM
Last edit: December 25, 2023, 11:46:08 PM by TimeTeller
 #81

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine.
No, the value of Bitcoin is yet to reach great heights. Wait till December 29th which was the deadline set by the US SEC for spot Bitcoin ETF updates while approval was said to take place in January before we see the great height of BTC.
Some analyses predicted that after the BTC ETF is approved, the individuals who hold at least 0.87 BTC will be among the top 1% of the most wealthy.
Don't let the belief you're not holding 1BTC discourage you.

Well does Bitcoin provide any opportunity in future that I can invest.
Ask yourself why is BlackRock the most powerful investment company in the world filing for BTC spot ETF and doing everything in its power to make it happen.
Do you think this people have time on an investment that's not profitable?

No matter how small you can afford to buy on this market, that's more than enough if you truly believe on this market.
Because you should not compare yourself to others as you will only disappoint yourself if you did such comparison.
You have your own path on this investment, so just mind your own business because this is your money at stake.
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December 25, 2023, 11:47:59 PM
 #82

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Investing in bitcoin doesn’t necessarily mean you should buy a full bitcoin before investing in it, you can buy bitcoin gradually and accumulate bitcoin bit by bit and before you know you would have accumulated enough bitcoin. Majority of people don’t have such amount to buy bitcoin but they are able to own a fraction of it by adopting a strategy known as the DCA strategy, this strategy makes it possible for the less privileged who can’t afford a full bitcoin to accumulate BTC by investing an amount they can afford gradually and after a while they are able to own a reasonable amount of bitcoin so it doesn’t matter how much you start with all that matters is that you keep accumulating.

Investing $2k into bitcoin is not a bad way to start as there are lots of people who don’t hold that much bitcoin, ig is a small amount but you can as well adopt the DCA strategy and keep accumulating more bitcoin at your own convenience and in no time you would have amassed enough bitcoins. With the upcoming bullish market by the corner bitcoin will provide lots of opportunities and we could see even higher price during this time so you should invest when you have the chance so you don’t risk investing at a higher price.

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December 26, 2023, 01:11:12 AM
 #83

Investing $2k into bitcoin is not a bad way to start as there are lots of people who don’t hold that much bitcoin, ig is a small amount but you can as well adopt the DCA strategy and keep accumulating more bitcoin at your own convenience and in no time you would have amassed enough bitcoins. With the upcoming bullish market by the corner bitcoin will provide lots of opportunities and we could see even higher price during this time so you should invest when you have the chance so you don’t risk investing at a higher price.
$2k is not a small capital and it is a very big capital with many people, is like their fortune.

I don't know how rich OP is and how deep his capital is, but by starting any investment, start small to get experience.

Buying bitcoin is easy but if mistakes is made, OP can lose money and does not get bitcoin like in Peer to Peer trading. OP can lose bitcoin if making mistakes when sending bitcoins from exchange to his own wallet.

Start small, learn and practice with wallet creation, backup, recovery and do it for a while before mastering those simple technical steps, it will help to avoid losses because of mistakes.

Reminder: do not keep your money in online accounts
How to back up a seed phrase?
Protect yourself from fake wallet software (guide)

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BitcoinsGreat
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December 26, 2023, 02:43:50 AM
 #84

You can always do the DCA method or Dollar-Cost Averaging wherein you can also invest in small amounts in regular periods instead of investing a large amount in all one go it’s also my plan since i do not currently afford to go all in all at once it allows for better timing in investment and allows you to manage risks better

This is the best method you could do because those who bought 1 or more Bitcoins at once are rich people and they can actually afford it whenever they want. as for those people that haven't reached enough fortune to buy that much, they can just take it easy for themselves by dividing the money they need for their essential needs and when they reach the money that they don't have any use for it, they can actually just convert it for bitcoins like many of us were doing right now. That's how you make it easy so that others can also invest in bitcoins without worrying too much about their money.

The good thing about Bitcoin is that everyone can have  investment in it no matter if anyone have less money or more money/capital. Unlike other investments like real estate or property one needs to have a lot of financial capital to start with but with bitcoin you can even buy a 50$ or 100$ worth of bitcoins or even less than that.
Bitcoin give us the opportunity to do the dollar cost averaging over the period of time as and when we have the money to invest.
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December 26, 2023, 03:05:14 AM
 #85

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Bitcoin will be expensive and it is not for you if you want to turn that $2k into $1 million or $10 million by investing in bitcoin. And in case if you want to make significant profits from your small capital with bitcoin, you can absolutely do it.

In fact, making a profit from bitcoin completely depends on each person's ability because there are many ways to make a profit from bitcoin, not just holding it. For example, trading can also bring huge profits if you are good enough to do it. But nothing is easy and high profits come with high risks, you cannot expect to earn high profits and have high safety.

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December 26, 2023, 03:06:04 AM
 #86

Do you want to invest and gain money??? Think about how people make gains with BTC. The increase in assets they get is based on the percentage rise in BTC, not just the change in BTC price. If you feel Bitcoin price is higher than before, you'll probably say the same thing a year from now. Isn't it the high price of Bitcoin that makes it popular and interesting to explore?

Alright, you've got $2k, and you can still get some BTC, right? At least you'd get 0.046 BTC at the current rate. That's not bad. You can still make gains of 10%, 20%, or even 100%, and that's something that's still very possible. The price of 1 BTC might be high, but you don't have to buy a whole BTC. Just reduce the portion of BTC you buy, adjusted to fit your investment budget.
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December 26, 2023, 04:03:16 AM
 #87

Investing in Bitcoin can provide an opportunity for anyone to grow their economy in the future, no matter how large the investment they make, the most important thing is to be consistent in continuing to add to their investment assets.  Don't push too hard if you can't put large amounts of money into it, avoid short-term trading so you can continue to grow the investment assets that we will make.
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December 26, 2023, 07:39:36 AM
 #88

Bitcoin on a Budget: Couldn't afford a whole Bitcoin? No worries, it's not like you're shopping for a private island. Grab yourself a fraction of a Bitcoin and join the crypto party on a budget.


Remember, in the world of finance, laughter is the best medicine. Just don't laugh all the way to bankruptcy!
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December 26, 2023, 11:02:57 AM
 #89

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Investing in bitcoin doesn’t necessarily mean you should buy a full bitcoin before investing in it, you can buy bitcoin gradually and accumulate bitcoin bit by bit and before you know you would have accumulated enough bitcoin. Majority of people don’t have such amount to buy bitcoin but they are able to own a fraction of it by adopting a strategy known as the DCA strategy, this strategy makes it possible for the less privileged who can’t afford a full bitcoin to accumulate BTC by investing an amount they can afford gradually and after a while they are able to own a reasonable amount of bitcoin so it doesn’t matter how much you start with all that matters is that you keep accumulating.

Investing $2k into bitcoin is not a bad way to start as there are lots of people who don’t hold that much bitcoin, ig is a small amount but you can as well adopt the DCA strategy and keep accumulating more bitcoin at your own convenience and in no time you would have amassed enough bitcoins. With the upcoming bullish market by the corner bitcoin will provide lots of opportunities and we could see even higher price during this time so you should invest when you have the chance so you don’t risk investing at a higher price.
Your Bitcoin investment advice is precise, absolutely. Strategic, gradual accumulation is investing, not a fortune upfront. DCA isnt simply a tactic; its a financial lifeline for everyday people. Why? It democratises Bitcoin investment. Start with a small quantity and invest it regularly to increase. Consider: tiny drops form an ocean!

In many people's eyes, $2K is more than a "small" start. Crypto's base is robust. With the bullish market approaching, time is crucial. We're investing and seizing an opportunity! Growth potential is huge, so we should start now. Patience is your most profitable asset in Bitcoin. Jump in, stack those sats, and watch our digital gold rise!

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Questat
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December 26, 2023, 01:11:01 PM
 #90

Investing in Bitcoin can provide an opportunity for anyone to grow their economy in the future, no matter how large the investment they make, the most important thing is to be consistent in continuing to add to their investment assets.  Don't push too hard if you can't put large amounts of money into it, avoid short-term trading so you can continue to grow the investment assets that we will make.
I asked someone why they didn't invest, they answered that they didn't have money. That is not reasonable to me and much more if they say that Bitcoin is already expensive. I don't think it was all about the price and capital but probably because they don't have an interest in investing and they don't want to grow. Well, we can force them to consider it because there is nothing happens and it is not profitable when they invest if it is against their will.

After all, despite the current price of Bitcoin, those who are willing to take risks will still buy some but those who are not, always have a reason to decline.

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December 26, 2023, 01:43:49 PM
 #91

Investing in Bitcoin can provide an opportunity for anyone to grow their economy in the future, no matter how large the investment they make, the most important thing is to be consistent in continuing to add to their investment assets.  Don't push too hard if you can't put large amounts of money into it, avoid short-term trading so you can continue to grow the investment assets that we will make.

Usually we can categorize them into three groups in investing, namely likes, dislikes and doubts regarding BTC investment. If it is said that it takes a long time for the price of BTC to return to its previous price, it seems like a long time, but after 1 year after the last decline, it seems very short now.

If investing in crypto is for mere speculation, for example if you want to quickly gain wealth or profit in a short time, I think it might be difficult at this time because volatility will be crazy and the current cycle will be different from the previous cycle. So, what needs to be avoided is actually don't buy when the market is bearish or at a reversal point, we buy coins so that it can make us go straight and experience the same mistake over and over again.

Maybe I agree with @bayu7adi to adjust our investment according to the strength of the money we have, if other people profit, we also profit, only the estimation is different if we have a long-term holding and continue to accumulate if there is additional little by little.

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Baki202
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December 26, 2023, 07:21:17 PM
 #92

Do you want to invest and gain money??? Think about how people make gains with BTC. The increase in assets they get is based on the percentage rise in BTC, not just the change in BTC price. If you feel Bitcoin price is higher than before, you'll probably say the same thing a year from now. Isn't it the high price of Bitcoin that makes it popular and interesting to explore?

Alright, you've got $2k, and you can still get some BTC, right? At least you'd get 0.046 BTC at the current rate. That's not bad. You can still make gains of 10%, 20%, or even 100%, and that's something that's still very possible. The price of 1 BTC might be high, but you don't have to buy a whole BTC. Just reduce the portion of BTC you buy, adjusted to fit your investment budget.
You don't even have to think about it because everything is so obvious that everyone can see it. The only decision left is whether to invest or pass and pretend there is still time to invest, even though that is not how it works. That sort of thinking has kept a lot of people in poverty for a long time because those kinds of individuals are never uncomfortable where they are, which is definitely not ideal. It would be preferable to advise them to invest, as they will continue to put it off.

It's not a bad idea to invest $2,000. From there, you can even gain more expertise while making investments. However, if you can earn 100% profit with just $2000, imagine how much money people with one bitcoin will make.

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December 26, 2023, 07:50:22 PM
 #93

Lots of people new to crypto say this & it’s a sure fire way to lose your money. So many altcoins rug pull & people lose everything. Bitcoin is time proven & beats inflation, it’s the best asset to invest in. You might not get rich fast but put that $2,000 into Bitcoin & DCA as much as possible, you will do well.

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December 26, 2023, 07:55:00 PM
 #94

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Absolutely, there's still room for small investors in Bitcoin! With $2k, you've got a good starting point. Here's the scoop:

1. **Fractional Buying**: Bitcoin can be divided into tiny pieces, called Satoshis. So, you don't need to buy a whole Bitcoin. You can start with just a small fraction.

2. **Dollar-Cost Averaging (DCA)**: This strategy is perfect for smaller investors. Invest a bit of your $2k regularly, like monthly. This way, you spread out the investment and reduce the impact of price swings.

3. **Long-Term View**: Bitcoin is often seen as a long-term investment. The key is patience. Its value has grown over time despite short-term ups and downs.

4. **Stay Informed**: Keep learning about Bitcoin and the market. Understanding trends can help you make smarter decisions.

Remember, all investments have risks. Never invest more than you can afford to lose. But yeah, even with $2k, you can definitely start your Bitcoin journey!

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December 26, 2023, 07:59:15 PM
 #95

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine.
No, the value of Bitcoin is yet to reach great heights. Wait till December 29th which was the deadline set by the US SEC for spot Bitcoin ETF updates while approval was said to take place in January before we see the great height of BTC.
Some analyses predicted that after the BTC ETF is approved, the individuals who hold at least 0.87 BTC will be among the top 1% of the most wealthy.
Don't let the belief you're not holding 1BTC discourage you.

Well does Bitcoin provide any opportunity in future that I can invest.
Ask yourself why is BlackRock the most powerful investment company in the world filing for BTC spot ETF and doing everything in its power to make it happen.
Do you think this people have time on an investment that's not profitable?

No matter how small you can afford to buy on this market, that's more than enough if you truly believe on this market.
Because you should not compare yourself to others as you will only disappoint yourself if you did such comparison.
You have your own path on this investment, so just mind your own business because this is your money at stake.
It is really just that a matter of determination and the seriousness on dealing up on something on which you do believe that it could give out that kind of benefit for you on longer times. It is really just that normal that people would really be that really be preferring and hoping that they should have entered on the market on the earliest time as possible but we know that we cant really be able to turn back the time but doesnt mean that we are already late on making money or profits on which this one would really be hindering you on taking steps forward just because you do have in mind and believe that it was already late.

Literally yes, if we do speak about not to make or able to have kind of possible multiple folds of earning not like on getting on altcoins but when it comes to assurance or potential for long term then there's
no doubt that Bitcoin would be less risky compared into other options. In the fact, that you wont really be needing to buy up a whole coins then it would really be that possible that you could
buy on fractions on which means that even if you dont have much money but still you could be able to purchase or buy bitcoin on smaller amounts that it is something that you could afford.
Dont stress up yourself too much into this manner.

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December 26, 2023, 08:56:39 PM
 #96

I asked someone why they didn't invest, they answered that they didn't have money. That is not reasonable to me and much more if they say that Bitcoin is already expensive. I don't think it was all about the price and capital but probably because they don't have an interest in investing and they don't want to grow. Well, we can force them to consider it because there is nothing happens and it is not profitable when they invest if it is against their will.
After all, despite the current price of Bitcoin, those who are willing to take risks will still buy some but those who are not, always have a reason to decline.
Whenever there is a will there will be a path, this is a proverb that better suits your post. You are right people show excuses about Bitcoin when you ask them about Bitcoin investing and the reason is that they are not interested in Bitcoin. Sometimes I wonder what forces a person to not invest in Bitcoin and after several times think I that this is because of society. Most people in society do not have good information about Bitcoin and when there is any illegal or scam occure they link that to the Bitcoin youngers are also too lazy as they do not confirm it and believe what that person saying and this way will die. So what I am saying is that spreading news and doing advertisements everywhere about the advantages of Bitcoin so that our youngsters and also other ages person are influence and will of investment will arise in their hearts.
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December 26, 2023, 10:12:13 PM
 #97

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
OP, currently the price of bitcoin is 42-43k, you think it is expensive for you to invest in bitcoin. We may expect to see Bitcoin price 100k in 2025 after the halving. Then you might regret even more why you didn't invest earlier. You said you have $2k, which is a good amount to invest. You can start investing with DCA method. Now is the right time to invest, we are going to see a halving very soon. We've seen bitcoin prices go up a lot in the years following the halving. Expect the price of Bitcoin to go up a lot in the year after this halving. You now consider whether to invest. But you have to invest with risk. Not only the hope of profit but also loss.

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bocyaj
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December 26, 2023, 10:20:59 PM
 #98

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Now the transaction of bitcoin was totally hard one,even though we are paying 10+ dollars as the fee.The transaction time was around 5 hours,the reason of this was many new people get into the bitcoin trading.The biggest reason behind this was the more traffic in the current situation of the bitcoin transaction.If you want immediate funds,you can do the transaction or else hold till the price of transaction become normal again.The reason behind this was the bitcoin was top the market and had demand in both the bull and bear markets.

Lots of people new to crypto say this & it’s a sure fire way to lose your money. So many altcoins rug pull & people lose everything. Bitcoin is time proven & beats inflation, it’s the best asset to invest in. You might not get rich fast but put that $2,000 into Bitcoin & DCA as much as possible, you will do well.

The trader who get into the bitcoin market will try to buy at all the price,but this is not the right thing.Because buying at the bear run was the important one.Bitcoin will give profit at any price buying,but buyers should concentrate on buying at the bear to get more money profit.

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tbterryboy
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December 27, 2023, 12:06:52 PM
 #99

You can always do the DCA method or Dollar-Cost Averaging wherein you can also invest in small amounts in regular periods instead of investing a large amount in all one go it’s also my plan since i do not currently afford to go all in all at once it allows for better timing in investment and allows you to manage risks better
Years or months after Bitcoin is created, its value is already high, so many people are not willing to afford one Bitcoin. Much more at this very point. Its performance through the years and the information available are still not enough reason for the majority to buy a whole coin. So, they just buy in smaller portions.

It is usually when the price dips before they do it. While for some, they are using that method you said there, which was Dollar Cost Averaging. This is better than the previous one, as it allows us to buy immediately and we can experience less stress or pressure here because we are not minding the price of bitcoin and also the the capital that we put in.
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December 27, 2023, 12:26:51 PM
 #100

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Bitcoin is not too expensive for you. We are still expecting the bitcoin price to double as it’s now. We are expecting the bitcoin price to surpass $100k. Therefore, if you invest $2k, it is still good. We have a method called dollar cost averaging (DCA). You can use such a method to invest in bitcoin even at the current price. So I think you should think of saying that the price is too expensive. You are not late. Don't think like that. You may lose opportunity. If you invest now, you will get profit from your investment if you leave it for a long period of time. I believe everybody who views this thread and comments will tell you the same thing; you haven't been late.

However, you are asking if bitcoin will provide a better opportunity that will make you invest in it. Although we are not here to convince people before they invest, we use the knowledge we have to educate other newcomers to invest in bitcoin. In the process of your learning, you will be the one to determine for yourself whether bitcoin will provide better opportunities in the future or not.

 If not for us, we believe it will do, and definitely that is what everybody here believes, so I think while you are learning, you will also believe because bitcoin investment and the whole technology it has are based on how someone views it. Anybody who views it as a means of payment, that is how he will use it; others may view it as an asset or investment, that is what they will use it for, so the choice is yours. Now you will be the one to decide for yourself.

R


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December 27, 2023, 12:46:34 PM
 #101

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Bitcoin is really very expensive. it is not expensive only for you bitcoin is expensive for everyone. Currently the price of 1 Bitcoin is around $43k which makes it impossible for anyone to buy a whole Bitcoin.  Because it is an amount that covers a person's lifetime expenses in any country. So it is not possible to save this money and invest in Bitcoin. So it is not possible for everyone to own 1 whole bitcoin. so bitcoin is very expensive for everyone



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Rainbot
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December 27, 2023, 01:39:54 PM
 #102

You can always do the DCA method or Dollar-Cost Averaging wherein you can also invest in small amounts in regular periods instead of investing a large amount in all one go it’s also my plan since i do not currently afford to go all in all at once it allows for better timing in investment and allows you to manage risks better
Years or months after Bitcoin is created, its value is already high, so many people are not willing to afford one Bitcoin. Much more at this very point. Its performance through the years and the information available are still not enough reason for the majority to buy a whole coin. So, they just buy in smaller portions.

It is usually when the price dips before they do it. While for some, they are using that method you said there, which was Dollar Cost Averaging. This is better than the previous one, as it allows us to buy immediately and we can experience less stress or pressure here because we are not minding the price of bitcoin and also the the capital that we put in.
Most people have no idea if we could still buy Bitcoin portions because what is in their mind is that 1 whole Bitcoin. With the lack of knowledge, I couldn't think someone would urge themselves to invest in Bitcoin and risk $43k.
Adoption is growing fast now, ideas and sources of information about crypto has been widespread and most of us know about this. If we could say that it was expensive today and not buying, the more we decline this opportunity in the coming years when prices are even higher than this time.
@OP, don't make the price a reason why you are not buying this time but rather think about the value of Bitcoin 5 years from now.


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December 27, 2023, 01:46:48 PM
 #103

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
You don't need to buy a whole Bitcoin if you want to invest on it, you could buy small fraction of it.
You could also try alt-coin if you really want to invest in crypto currency.
The way I see it crypto doesn't really care if you're a big or small time investor any investment counts and it could change a thing.



.
.BIG WINNER!.
[15.00000000 BTC]


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December 27, 2023, 04:21:23 PM
 #104

Actually, in Cryptocurrency there are many options to buy crypto that are more affordable for your pocket, not just Bitcoin, we invest if it is too expensive then it is difficult, other options such as ETH, BNB, are much cheaper than buying Bitcoin which has exceeded the price of $43k at the moment,  There are many Altcoins that are promising to invest in. If we refer to several markets, we will definitely find several Altcoins that are worth investing in there.

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December 27, 2023, 04:41:36 PM
 #105

it's never too expensive to invest in bitcoin, even with just 1 dollar you can start investing in bitcoin. what's more, with the $2k you have, that's enough money to be able to invest in bitcoin and if you hold onto it for some time, you might be able to make a decent profit.

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December 27, 2023, 04:45:57 PM
 #106

There is no doubt that bitcoin is expensive but you have don't have to buy overall bitcoin in the price of 42k$ because if it was needed to buy whole bitcoin then nobody will be able to buy bitcoin and there would be no Bitcoin's investor. You can put any amount what you can and there is no strictness in buying bitcoin at specific amount but its up to you that are you in will of buying bitcoin in desired amount or not. There are also other options in crypto market so use that ways in order to earn and then invest in bitcoin and selection of another beneficial coins can also be done.



 

 

 

 

 

 


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December 27, 2023, 06:02:52 PM
 #107

You don't invest based on how many thousands of dollars Bitcoin is worth but when you invest you think that this investment is just your start and that's how you keep investing. When you can convince the mind like this, the mind will be much stronger and you will be able to have enough confidence in the investment. I think $2,000 is a pretty good amount of money to invest. Most investors start their investments with much less money than this. It is not important how much money you start investing but whether you are able to make your investment consistently. If a sudden investment of five thousand dollars can be invested continuously for four years, then it is possible to accumulate more money by investing continuously than by suddenly investing.

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December 27, 2023, 06:04:52 PM
 #108

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Do you think that to invest in Bitcoin you need to directly purchase 1 Bitcoin or its multiples? Bitcoin isn't an investment tool that requires you to buy it all, like a stock or real estate investment. Depending on your budget, you can buy 0.001, 1 or 10 Bitcoins and I would like to remind you that these amounts are just an example and you can also buy Bitcoins in amounts such as 0.1234567.

Also, I would like to give an example based on your statement that Bitcoin is expensive for you. For example, let's say you invest in gold with a budget of 2,000 USD. When you turn this investment back into cash, let's assume that the price of Bitcoin increases by 200% and the price of gold increases by 20%. In this case, while a profit margin of 4,000 USD could be obtained if a Bitcoin investment was made only a 400 USD profit margin would be obtained from a gold investment. In other words, you will lose the profit margin on your investment because Bitcoin isn't preferred just because of its price. Therefore, if you are thinking of investing in cryptocurrencies, I will recommend you to wait for the right buying price and choose cryptocurrencies that you think can gradually increase depending on your budget. A financial instrument purchased at the right price always makes a profit and none of the cryptocurrencies are expensive as long as it is purchased at the right price level.
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December 27, 2023, 06:08:53 PM
 #109

You don't invest based on how many thousands of dollars Bitcoin is worth but when you invest you think that this investment is just your start and that's how you keep investing. When you can convince the mind like this, the mind will be much stronger and you will be able to have enough confidence in the investment. I think $2,000 is a pretty good amount of money to invest. Most investors start their investments with much less money than this. It is not important how much money you start investing but whether you are able to make your investment consistently. If a sudden investment of five thousand dollars can be invested continuously for four years, then it is possible to accumulate more money by investing continuously than by suddenly investing.

This is the mistake most of the newbie make as just by looking at the price of Bitcoin or even any other coin if it's high they think that the price will not increase any further and they consider shit coins valued few cents or under $1 with the foolish mindset that it will reach the same value as Bitcoin and they would get huge returns. Education about how the value of crypto cannot reach beyond a limit should be understood and people should have idea about market cap and all.

$2k is a good amount of investment if utilized properly.









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December 27, 2023, 07:44:16 PM
 #110

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
It's a good thing actually that bitcoin has totally increases its price and now we're seeing it's new peak price. If you were here when bitcoin price is still cheap, you can invest even the whole portion of it but since the price is quite expensive right now, then you can invest even a fraction of it. Your bitcoin investment will eventually grow in the future and makes a whole bitcoin if you do DCA consistently. So patience and consistency on your DCA method is the key.

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December 27, 2023, 08:03:38 PM
 #111

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

You declare yourself a small investor with $2000 in assets, but rest assured that someone out there is setting aside $1 every day to invest in whatever he thinks is good, including Bitcoin. What you need to do is feel confident that your investment can provide returns, of course it must be commensurate with the value you have as a capital budget.

After all, $2000 is a lot of value when I convert it to my country's fiat. So start investing within the budget you have without having to measure other people's wealth which makes you look small. $2000 is equivalent to 0.0463 btc, so start now or never.

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December 27, 2023, 08:15:53 PM
 #112

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

You declare yourself a small investor with $2000 in assets, but rest assured that someone out there is setting aside $1 every day to invest in whatever he thinks is good, including Bitcoin. What you need to do is feel confident that your investment can provide returns, of course it must be commensurate with the value you have as a capital budget.

After all, $2000 is a lot of value when I convert it to my country's fiat. So start investing within the budget you have without having to measure other people's wealth which makes you look small. $2000 is equivalent to 0.0463 btc, so start now or never.

I agree that $2000 isn't a small amount and I know many who joined the Bitcoin adventure with less than this number. In fact most of the forums members did not start with this amount here and I am pretty sure with that.
I don't think it is clever to put all the money in Bitcoin, unless they are extra saving that he can afford to see it down for a while and not use it during that period of time.

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December 27, 2023, 08:25:45 PM
 #113

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
For anyone who is still starting to invest, buying bitcoin is definitely more expensive than altcoins or meme coins. But we are not here to invest in cheap coins and see their value losing in the end,  we are here to accumulate bitcoin regardless of its current price. With that, if you are seeing it very expensive, then buy a small part of bitcoin and hold it for long term and see how its value will grow gradually. Unlike other coins, they're quite cheaper than bitcoin but we don't know if they will still be profitable in the end.

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December 27, 2023, 08:42:29 PM
 #114

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
You will clearly find it expensive if you consider buying it the whole bitcoin. But we all know that no one would instantly dare to buy the whole bitcoin, except if you have nothing to do with your wealth and you just want to invest it all in bitcoin.

However, in your case OP, just invest on the amount you can afford to lose. No need to buy and hold the whole bitcoin, just a small portion  of it is enough to hold while you are starting in bitcoin investment. But never expect for immediate big profits, bitcoin is a long term investment that it may take years or decade before you can make profits, depending on your own price preference when to sell your coin.

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December 27, 2023, 09:28:04 PM
 #115

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Your 5 fingers are not equal and so is financial stability of individuals. Bitcoin is divisible into bits of sats(smallest units of bitcoin) and with any amount, yiu can get any amount of sats or MBTC, it's not not compulsory to have a full bitcoin because even you have the full bitcoin, it will give the same increment I'm growth and profits. If you buy $2k worth of bitcoin and another person bought a full amount and then bitcoin did 100% profit in a year, you will each have that the same growth but the return on your profit and investment can never be the same because of the weight of the capital; the higher the risk the bigger the profits.

Future opportunity depend on some micro and macro factors of the economy, it's not a guarantee that you will have a return but just make sure that for every bitcoin you but, hold it in a secure wallet and the wallet should be a self custodial where nobody have access to and hope for the best. It always grow but as I said, nothing said is a guarantee when it comes to bitcoin investment.

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December 27, 2023, 10:16:16 PM
 #116


The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Am sure a lot of comments highlighted several ways you can invest in BTC even as the price is high and in addition, you would have an ample amount of hope that it would be profitable in the future.

I would like to iterate on the DCA strategy of investment. It has been of help to those who intend to act on a cryptocurrency/BTC investment plan for a duration, seeing there is no funds in excess to afford it , even as the price is higher now.
Buy few Satoshis monthly or weekly or quarterly and HoDL in a secure offline wallet. This accumulation would help you fulfil any dream of being a part time or full time trader if need be or help you diversify your investment portfolio over a duration close to a decade at least.

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December 27, 2023, 11:19:38 PM
 #117

Bitcoin is too expensive for everyone right now.  I've got a few thousand dollars worth of bitcoin on a couple different wallets that I'm looking to move, but the fact that I've got to pay as much as I do to make those transactions worth, pisses me off really.  These ordinals are dumb as shit and completely a waste of bitcoins true use cases.  Bitcoin needs micro-payments in my opinion and I'm just not sure if LN is the answer.

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December 27, 2023, 11:25:53 PM
 #118

If you think $2K is not enough, think about the rest of the world, 6 out of 10 can only dream of a $2K savings account. I'm dead serious.
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December 28, 2023, 04:49:23 AM
 #119

You can always do the DCA method or Dollar-Cost Averaging wherein you can also invest in small amounts in regular periods instead of investing a large amount in all one go it’s also my plan since i do not currently afford to go all in all at once it allows for better timing in investment and allows you to manage risks better
Years or months after Bitcoin is created, its value is already high, so many people are not willing to afford one Bitcoin. Much more at this very point. Its performance through the years and the information available are still not enough reason for the majority to buy a whole coin. So, they just buy in smaller portions.

It is usually when the price dips before they do it. While for some, they are using that method you said there, which was Dollar Cost Averaging. This is better than the previous one, as it allows us to buy immediately and we can experience less stress or pressure here because we are not minding the price of bitcoin and also the the capital that we put in.
That is why there is a satoshi term for it, I don't go around buying bitcoin, I buy satoshis, you buy 0.02 bitcoins if that's what you can afford and that's fine.

I have made my investments like that all the time, in fact, at the start of when I learned about bitcoin, it wasn't this expensive but I didn't trust it enough and made a mistake of investing very little, so ever since I learned what bitcoin is, I have not bought a single bitcoin, I have accumulated that much eventually here and there rarely, but I have never go out and outright bought one bitcoin. That means, we need to realize that sometimes we need to invest a bit less, and it's available and we can do it. Just get whatever you can, and hold as long as you can.

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December 28, 2023, 05:12:08 AM
 #120

If you think $2K is not enough, think about the rest of the world, 6 out of 10 can only dream of a $2K savings account. I'm dead serious.
Exactly, I don't even have $1k in my own bank account, not even close to that so I don't get why OP is so uncertain and doubtful about investing that money into bitcoin unless of course OP is saying that it's all of the total amount of that he owns then I can understand that but if it's in a savings account and not just his overall wealth then I think that OP will have every right to invest in bitcoin right now when the price is still stagnating and the chances of pumping is low.
Bitcoin is too expensive for everyone right now.  I've got a few thousand dollars worth of bitcoin on a couple different wallets that I'm looking to move, but the fact that I've got to pay as much as I do to make those transactions worth, pisses me off really.  These ordinals are dumb as shit and completely a waste of bitcoins true use cases.  Bitcoin needs micro-payments in my opinion and I'm just not sure if LN is the answer.
LN could be the answer but the only problem with that is some people don't know how it works and how to make it work and so they end up not being able to use it even if it's a viable option. Totally agree that bitcoin is expensive for everyone but that's not an excuse because there are people out there that are buying in small amounts and little by little they're able to build up their investment until they reach their desired amount, the only reason why I think OP doesn't want to get into bitcoin is that OP's afraid that they might be investing at the wrong time given the current price of bitcoin right now, it's an understandable thing to feel but to be that fearful of risk isn't a good thing, sometimes you just need to do the leap.



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December 28, 2023, 05:17:34 AM
 #121

$2000 is almost 50 mBTC. That is still a considerable amount of Bitcoin that you can afford. There are many people who started in Bitcoin only doing $10 weekly buys and after many years it has come to be worth a significant amount. It is not about how much money you have today. You have to think ahead for the long term. DCA'ing is a popular strategy that doesn't require a large amount of money. You could even find ways of earning Bitcoin in your spare time to supplement your investment.

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December 28, 2023, 05:29:18 AM
 #122

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
when it comes to investing in Bitcoin, the interesting thing is that you don't need to have the equivalent of 1 bitcoin before making your initial investment, with as low as 100 dollar , you can make your first investment which gives a spare $1900 left in your hand.

The jerk is to invest a reasonably high that won't put you in a condition of regretting ever making the investment in cases when you experience a momentary drop in the price of bitcoin. Start small and grow big and soonest you will be the advising those coming behind you.

Wish you the best of luck.

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December 28, 2023, 06:21:48 AM
 #123

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Apart from you, of course there are those with a smaller investment value and everyone can have Bitcoin because you can buy it in fractions, not whole 1 Bitcoin, so whatever money you have, you can start investing, only if you buy on a centralized exchange, you have to consider withdrawal fees, make a withdrawal every time you buy Bitcoin because it will make your investment costs higher, withdrawing it after making more than 2x purchases would be better and save it in your personal wallet to avoid CEX going down.

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December 28, 2023, 08:02:56 AM
 #124

You don't invest based on how many thousands of dollars Bitcoin is worth but when you invest you think that this investment is just your start and that's how you keep investing. When you can convince the mind like this, the mind will be much stronger and you will be able to have enough confidence in the investment. I think $2,000 is a pretty good amount of money to invest. Most investors start their investments with much less money than this. It is not important how much money you start investing but whether you are able to make your investment consistently. If a sudden investment of five thousand dollars can be invested continuously for four years, then it is possible to accumulate more money by investing continuously than by suddenly investing.

This is the mistake most of the newbie make as just by looking at the price of Bitcoin or even any other coin if it's high they think that the price will not increase any further and they consider shit coins valued few cents or under $1 with the foolish mindset that it will reach the same value as Bitcoin and they would get huge returns. Education about how the value of crypto cannot reach beyond a limit should be understood and people should have idea about market cap and all.

$2k is a good amount of investment if utilized properly.
They don't look at potential but they look at how low the price of a coin is and what percent increase in 24 hours and which coin has the most volume. They are under the impression that if they buy a coin with two to three zeros after the decimal, if the price of that coin goes up a little, they can earn a lot of profit. But before investing, they don't think that if they invest in bitcoin, the value of that bitcoin may drop down by a few zeros. One of the most reliable coins for investment is Bitcoin and there is no coin above this coin for investment. $2000 is enough to invest and some people start investing with $50 to $100 so OP here can feel free to invest in bitcoin with $2k if he wants.

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December 28, 2023, 08:19:39 AM
 #125

That's funny how the dude says that $2K is not enough to invest in Bitcoin when others just invest $50 or so every month and feel good about that. It's all about perspective and state of mind.

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December 28, 2023, 08:46:37 AM
 #126

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Don't think Bitcoin is too expensive for you, start investing in Bitcoin you don't need to buy 1 Bitcoin. You can buy as many as you like by applying the DCA method. Over time you can have 1 Bitcoin but with the condition that you must be consistent with the DCA method and need something called patience

Apart from that, I think to start investing with $2k, this is more than enough, you just need to hold it for the long term, moreover we will enter a bitcoin halving, of course every bitcoin halving, bitcoin will reach a new ath. so you can make a profit from your bitcoin investment. Bitcoin is a valuable asset and a rare asset someday so it is never too late or too expensive to start investing in bitcoin. Maybe this is my suggestion to change your mindset about Bitcoin investment.

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December 28, 2023, 09:18:59 AM
 #127

If you have basic investment skills and really understand the Crypto currency industry. Of course, you know exactly where your money is betting on which coins, of course investment is not just profit, prices are very fluctuating, of course there are risks too. It takes quite a long time for you to get the profit you want.

Of course, Bitcoin, as we know, is a coin that is quite strong against inflation, and of course if you think the price is too high, maybe there are other alternative coins that can get multiple profits.


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December 28, 2023, 09:24:58 AM
 #128

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Big and successful investors these days do not instantly invest big time, but started on scratch just like everyone else. Their capital may be small but their motivation is big, so they weren't easily discouraged even with small amount of bitcoin purchases. And this is what I've been trying to integrate in yourself and make you realize that there's no small in an investment, only limited and narrow minded people who's minds are closed to possibilities and opportunities.

My point is don't be disappointed because of the current expensive price for bitcoin. That means bitcoin is highly susceptible to growth and development. Motivate yourself to invest more even with a small capital. Bitcoin does not require its buyers to buy the whole bitcoin, start buying small portions first and let it grow in time.

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December 28, 2023, 09:42:31 AM
 #129

You don't invest based on how many thousands of dollars Bitcoin is worth but when you invest you think that this investment is just your start and that's how you keep investing. When you can convince the mind like this, the mind will be much stronger and you will be able to have enough confidence in the investment. I think $2,000 is a pretty good amount of money to invest. Most investors start their investments with much less money than this. It is not important how much money you start investing but whether you are able to make your investment consistently. If a sudden investment of five thousand dollars can be invested continuously for four years, then it is possible to accumulate more money by investing continuously than by suddenly investing.

This is the mistake most of the newbie make as just by looking at the price of Bitcoin or even any other coin if it's high they think that the price will not increase any further and they consider shit coins valued few cents or under $1 with the foolish mindset that it will reach the same value as Bitcoin and they would get huge returns. Education about how the value of crypto cannot reach beyond a limit should be understood and people should have idea about market cap and all.

$2k is a good amount of investment if utilized properly.
They don't look at potential but they look at how low the price of a coin is and what percent increase in 24 hours and which coin has the most volume. They are under the impression that if they buy a coin with two to three zeros after the decimal, if the price of that coin goes up a little, they can earn a lot of profit. But before investing, they don't think that if they invest in bitcoin, the value of that bitcoin may drop down by a few zeros. One of the most reliable coins for investment is Bitcoin and there is no coin above this coin for investment. $2000 is enough to invest and some people start investing with $50 to $100 so OP here can feel free to invest in bitcoin with $2k if he wants.
Sooner or later, they would really be able to realize on whats this and whats that. They do really just simply lacking those basic principles and other stuffs on which they would be later be able to encounter it out on which it would really be just that right that they would really be making adjustments out of that. So it would really be that comes normal that people would really be learning up their way through experience.
Bitcoin is expensive? It isnt necessary necessary for you to buy a whole coin but instead you could really be able to accumulate in fractions. Also, you should really just invest on the amount that you can afford to lose and never ever consider yourself on going all in with your life savings so that you would really be able to avoid on panicking whenever the market would really become that negative.

There are ones who are really that be sensible on the actions that they would really gonna do on the time that they would really be able to gain up that experience and awareness
but there are those people who would really be just sit down and would really be that idle on the time that they would really be having those kind of laziness or really just that afraid on taking up
some risks when it comes to this manner.

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December 28, 2023, 09:48:23 AM
 #130

That's funny how the dude says that $2K is not enough to invest in Bitcoin when others just invest $50 or so every month and feel good about that. It's all about perspective and state of mind.
OP doesn't know the value of the money he has, $2k is not enough to be contented with but can go a long way in investing it into Bitcoin.
It's not as compulsory to get the whole Bitcoin before being contented, not having enough to invest means building our portfolio with little fractions of Bitcoin.

Permit me to say Bitcoin is not expensive as we think, just that we have little or no money to get the amount we desire, their are people in the world who holds upto 100 BTC, I belive they are same humans as we. All Fingers are not equal, so accumulate according to what you have.

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December 28, 2023, 10:31:23 AM
 #131

If you have 2k that you can spare for investment purposes, I will advice you to invest it into Bitcoin for now and don't stop there, some people can't afford this much and they are fine using $30 every month to invest in Bitcoin, you have no idea what's about to happen, with 2k invested in Bitcoin you can turn the money to  8k or 10k soon.

If you are looking forward to make six figures using this amount then you are on your own, because this is not possible any time soon, maybe some years down the road but not in this next bull market.

I prefer to DCA down the road for better numbers of Bitcoin because of price volatility, my advice is you should keep buying, don't let the 2k be your last step with Bitcoin, you will get better returns if you invest more money, I wish all the best, good luck.
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December 28, 2023, 12:46:32 PM
 #132

One of my plans before is to continue my monthly DCA until bitcoin reaches $50k. I don't know but I already missed 3 months including this December. I felt bitcoin was already becoming expensive and that I thought I could buy at a discount. So far, the more I waited, the more the price increases. I think I had the opportunity to buy bitcoin at $26k last October but I insisted on waiting a bit. My October DCA would've been valued at 150% and my November DCA at around 125%.

I wasted some opportunities but it is what it is. Now I have to stick to my plan B which is to wait for bitcoin to drop below $40k to continue my DCA and of course to fill my 3 months backlog.

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December 28, 2023, 01:12:01 PM
 #133

That's funny how the dude says that $2K is not enough to invest in Bitcoin when others just invest $50 or so every month and feel good about that. It's all about perspective and state of mind.
Maybe the man's thoughts are very different from the thoughts of other people who are more grateful for investing $50 or more each month. Even though I myself think that capital of $2K is quite good for investing in Bitcoin because the amount will be immediately visible if he buys it with an amount of money around $2K. So I also find it surprising when a guy says that much money isn't enough for an investment like Bitcoin that other people can do with even smaller amounts than that.

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December 28, 2023, 01:30:30 PM
 #134

 You are not the only person who cannot buy a whole Bitcoin now, it has become too expensive not only for you. But you can buy Bitcoin in parts, determine a convenient amount for you and start buying, you will have many questions, but you will learn everything. Just keep in mind that Bitcoin is entering a bull market and it has already been growing throughout 2023, try to study Bitcoin yourself and understand whether it was worth buying right now or perhaps you should wait for some kind of correction.

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December 28, 2023, 01:33:52 PM
 #135

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
If you have minimal knowledge about Bitcoin then when to invest that is the right time Bitcoin price will go higher even if you have $2k assets to invest it not less. Investing in Bitcoin in the future will give you greater opportunities if you can only hold on to it for the long term. If you invest now you will get more profit if the price goes up.

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December 28, 2023, 01:39:00 PM
 #136

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

Trust me Bitcoin was too expensive for us too in the past. We thought we've already missed the great opportunity but time thought us it's never too late. If you think about long term investment start today and you will be surprised in a couple of years how your wealth increased. If you want to make a quick money with no effort then yes, Bitcoin is too expensive for you. But if your plan is 10-20 years you will gain a lot with Bitcoin. Don't waste your time and money with altcoin lottery, because it doesn't always go as expected.
For people who want to make quick money from bitcoin it seems it is too late and expensive for them to buy bitcoin but this is untrue,  this is just how they feel towards bitcoin because they just want to make profits from it so fast.  One of the sad things about bitcoin   the more one keeps complaining the more opportunity wasting. No amount of Bitcoin is expensive, every amount can yield good profits if people can have the mindset of investing it for a longtime.
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December 28, 2023, 01:42:51 PM
 #137

The Bitcoin door is open to everyone, not just the bigwigs with bulging portfolios. Owning one whole BTC might sound daunting, but the DCA method is like a magic door key, letting even small investors sneak in and gradually build their stash. It's not about starting with a Everest-sized mountain of cash, but about consistently chipping away, brick by brick, until you've built your own Bitcoin castle.

And let's be honest, the true measure of a Bitcoin investor isn't the size of their initial investment, but the grit they show in holding on. Patience is the ultimate superpower here. Sure, the market might do a jig or two, sending your precious coins on a rollercoaster ride, but the real magic happens when you resist the urge to panic-sell and stay put, letting time do its thing. Remember, those who planted Bitcoin seeds years ago are now reaping the harvest, their patience blossoming into a tropical paradise of financial freedom.

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December 28, 2023, 01:46:26 PM
 #138

Trust me Bitcoin was too expensive for us too in the past. We thought we've already missed the great opportunity but time thought us it's never too late. If you think about long term investment start today and you will be surprised in a couple of years how your wealth increased. If you want to make a quick money with no effort then yes, Bitcoin is too expensive for you. But if your plan is 10-20 years you will gain a lot with Bitcoin. Don't waste your time and money with altcoin lottery, because it doesn't always go as expected.
Bitcoin is always expensive for people who don't believe in Bitcoin blockchain and how it already changed the world and will continue to do this mission.

Bitcoin is cheap for people who believe in future of Bitcoin and bigger thing, cryptocurrency market and blockchain industry. With them, buying bitcoin in 2023 is cheap and a good opportunity they will not want to miss.

Bitcoin is for everyone because they can buy it with like $20 or $50, and they can do it gradually with DCA. With time, with DCA, their total capital investment in Bitcoin will be bigger than $50, much bigger than this.

For people who want to make quick money from bitcoin it seems it is too late and expensive for them to buy bitcoin but this is untrue,  this is just how they feel towards bitcoin because they just want to make profits from it so fast.  One of the sad things about bitcoin   the more one keeps complaining the more opportunity wasting. No amount of Bitcoin is expensive, every amount can yield good profits if people can have the mindset of investing it for a longtime.
Bitcoin is still good for investment that is different than speculation or gamble. Investment requires a long time of holding bitcoin and wait for profit. You will get it if you can hold and wait, have strong hands against fud.

It is obvious that Bitcoin is no longer good for quick rich chance but even quick is not clear and it is different with many people.

If it is like 4 years or 8 years, I think it is acceptable to wait to be rich and it is not a too long time. I joined this market in 2017 and now it is already 7 years.
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December 28, 2023, 02:52:14 PM
 #139

One of my plans before is to continue my monthly DCA until bitcoin reaches $50k. I don't know but I already missed 3 months including this December. I felt bitcoin was already becoming expensive and that I thought I could buy at a discount. So far, the more I waited, the more the price increases. I think I had the opportunity to buy bitcoin at $26k last October but I insisted on waiting a bit. My October DCA would've been valued at 150% and my November DCA at around 125%.

I wasted some opportunities but it is what it is. Now I have to stick to my plan B which is to wait for bitcoin to drop below $40k to continue my DCA and of course to fill my 3 months backlog.
Consistency is a common problem of us, no wonder about it but it was not totally regretting since you have also accumulated some. Unfortunately, we have missed some opportunities that we can't bring back. Well, we have to accept that some of our plans are never fulfilled because of some reason and financial circumstances. That is why I practice following my plan as much as possible and take it seriously thinking that I don't have to lose any opportunities.

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December 29, 2023, 04:54:40 AM
 #140

One of my plans before is to continue my monthly DCA until bitcoin reaches $50k. I don't know but I already missed 3 months including this December. I felt bitcoin was already becoming expensive and that I thought I could buy at a discount. So far, the more I waited, the more the price increases. I think I had the opportunity to buy bitcoin at $26k last October but I insisted on waiting a bit. My October DCA would've been valued at 150% and my November DCA at around 125%.

I wasted some opportunities but it is what it is. Now I have to stick to my plan B which is to wait for bitcoin to drop below $40k to continue my DCA and of course to fill my 3 months backlog.


Dude, you're not understanding what DCA is. The whole point of DCA is so that you DON'T try to time the market. Yet all you are talking about is how you are trying to time the market and that has caused you to miss out. So you aren't doing DCA. You're just trying to time the market and you're doing a bad job of it.

My advice to you is to stop trying to time the market and instead actually do DCA.

So start buying now, instead of waiting and hoping for it to drop below $40k (which it may never do). If DCA was your plan A, which you didn't do, and instead you tried out your plan B which was trying to time the market, and that is obviously going poorly for you, why would you feel that you HAVE TO stick to your plan B?!? Plan B is not working out for you. Stop trying to stick to it. All your plan B is doing is convincing you to not buy bitcoin lol. Go back to your original idea of DCA and actually follow through on it by starting it now.
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December 29, 2023, 05:09:45 AM
 #141

You think Bitcoin is expensive but I will tell you that you can definitely buy in Bitcoin no matter how expensive the price will make you more profitable than Alta Coin. As with real estate, you buy a lot that fits your budget within a block. The more people use bitcoin, the more slowly the price of bitcoin increases. So you can definitely buy bitcoins according to the amount of money you have.

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December 29, 2023, 08:57:31 AM
 #142

One of my plans before is to continue my monthly DCA until bitcoin reaches $50k. I don't know but I already missed 3 months including this December. I felt bitcoin was already becoming expensive and that I thought I could buy at a discount. So far, the more I waited, the more the price increases. I think I had the opportunity to buy bitcoin at $26k last October but I insisted on waiting a bit. My October DCA would've been valued at 150% and my November DCA at around 125%.

I wasted some opportunities but it is what it is. Now I have to stick to my plan B which is to wait for bitcoin to drop below $40k to continue my DCA and of course to fill my 3 months backlog.


Dude, you're not understanding what DCA is. The whole point of DCA is so that you DON'T try to time the market. Yet all you are talking about is how you are trying to time the market and that has caused you to miss out. So you aren't doing DCA. You're just trying to time the market and you're doing a bad job of it.

My advice to you is to stop trying to time the market and instead actually do DCA.

So start buying now, instead of waiting and hoping for it to drop below $40k (which it may never do). If DCA was your plan A, which you didn't do, and instead you tried out your plan B which was trying to time the market, and that is obviously going poorly for you, why would you feel that you HAVE TO stick to your plan B?!? Plan B is not working out for you. Stop trying to stick to it. All your plan B is doing is convincing you to not buy bitcoin lol. Go back to your original idea of DCA and actually follow through on it by starting it now.

I clearly understand what DCA is all about. I actually started my monthly DCA last year. I just missed the last 3 months when I felt like I should try to buy bitcoin cheaper. I think it was the time when bitcoin made a sudden price increase. I felt like a correction was coming and so I should just wait and then the month ended and then the next months it became more expensive.

Maybe I'll just stick to my monthly schedules starting January of next year. And then I'll just fill my 3 months backlogs every time there is a thousand dollars decrease in price.

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December 29, 2023, 09:52:51 AM
 #143

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.

What do you mean, too expensive? Bitcoin is scalable, which means you do not need to buy an entire coin, you could instead buy 1% of a coin. Or even less. You could even buy $10 worth of Bitcoin, if you wanted to. And that $10 will go up in value as the price of Bitcoin goes up in value. If we see a 10% price growth tomorrow (for example) then that means you will have $11 worth of Bitcoin, which you can sell for $11 at any time of your choosing (as long as the price remains the same).

Think of it this way: You can buy and sell gold, right? If you buy 1 gram of gold then you pay the price of 1 grams worth. You do not pay the price of a kilogram of gold, do you?


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December 29, 2023, 10:21:46 AM
 #144

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Bitcoin will become more expensive as time passes and the price will reach higher heights. You can use any dollar amount to invest, there is no fixed amount. Those who don't have enough money to invest are also investing weekly or monthly using DCA method. If you want to invest you can invest with your $2k. If you want to grow your investment by investing weekly or monthly using the DCA method, you can certainly grow your investment. If you can invest in Bitcoin then you will get a lot of success in future. But I suggest you to keep the wallet very safe to hold the investment.

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December 29, 2023, 12:24:27 PM
 #145

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
That's the problem and when you don't have the capital to invest then there is no way to buy it. But you don't need to worry because bitcoin can be purchased using the DCA method where you can buy small amounts regularly according to the capital capabilities you have. Bitcoin always provides an opportunity for anyone to gain financial freedom, but how can you prepare carefully and in the future we will see the price of bitcoin will be much more expensive than now.

So consider whatever you can do and never think that the availability of opportunities is not a reference for us to choose. Because if you have the opportunity and don't want to try it, then when else can you prepare an investment for the future. This is a matter of how someone can take advantage of existing opportunities and if we have the ability to do it then don't stop doing it.

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December 29, 2023, 01:10:04 PM
 #146

Don't base your decision solely on price. Think about the potential, the long game. Project yourself five years from now. Would you kick yourself for missing out on Bitcoin's journey, even if it meant starting with a small slice?

Remember, price is just a temporary snapshot. Value, however, is a story waiting to unfold. If you believe in Bitcoin's potential to revolutionize finance, to become a digital store of value for the future, then the current price shouldn't be the sole deterrent.

Start small, if that's what feels right. Invest what you can afford to lose, do your research, and most importantly, have a vision. See yourself not just as a buyer at a particular price point, but as a participant in a technological and financial revolution.

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January 03, 2024, 06:23:25 AM
 #147

~ ~ ~

Dude, you're not understanding what DCA is. The whole point of DCA is so that you DON'T try to time the market. Yet all you are talking about is how you are trying to time the market and that has caused you to miss out. So you aren't doing DCA. You're just trying to time the market and you're doing a bad job of it.


Yep, You are right.
The DCA strategy is to purchase crypto assets periodically and systematically in a certain amount without paying attention to the increase or decrease in price. DCA helps us be disciplined to buy more units when prices fall and fewer when prices rise.
DCA is not a magic solution to generate huge profits in a short time

In other words, DCA = Save for the future
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January 03, 2024, 06:38:43 AM
 #148

The value of Bitcoin has gradually reached great heights. It has become impossible for a new small investor like me to invest in Bitcoin. I am a very small investor. $2k wealth is mine. Well does Bitcoin provide any opportunity in future that I can invest.
Is this your entire net worth $2,000 monthly? Annual? Well, that amount is for me huge and you can buy Bitcoin with that money you have. How about us who can only acquire bitcoin for about more or less $100 a month? As what others say DCA-ing that amount will get you what you wanted as long as you are consistent on what you are doing.



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January 03, 2024, 06:59:37 AM
 #149

~ ~ ~

Dude, you're not understanding what DCA is. The whole point of DCA is so that you DON'T try to time the market. Yet all you are talking about is how you are trying to time the market and that has caused you to miss out. So you aren't doing DCA. You're just trying to time the market and you're doing a bad job of it.


Yep, You are right.
The DCA strategy is to purchase crypto assets periodically and systematically in a certain amount without paying attention to the increase or decrease in price. DCA helps us be disciplined to buy more units when prices fall and fewer when prices rise.
DCA is not a magic solution to generate huge profits in a short time

In other words, DCA = Save for the future

But making some wise DCA like trying to wait for some dip would really be giving out that kind of average entry point on which you could really be able to maximize that profitability and this is where
some people would really be mindful in that regard rather than on making some DCA when the candles are way too green but if you are someone who doesnt really that minding much
about your price entry and would really be holding your coins for long term then it wont really be that an issue on what price you had been able to DCA. Yes, its recommendable but always bare in mind that you should really be that only investing on the amount on which you can afford to lose and never ever make yourself that investing on something which do involves your life savings or even taking up a loan.

You are really that putting up yourself on such risks on speaking about those potential problems considering this market is something that cant be known
or something that cant be predicted on where it would be going. If you are relying your future towards it then it would be that risky.
Price or value cant be determined whether its positive or negative in near future.

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