Quote from: Kensure on November 12, 2023, 05:28:42 PM

I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.

You can always purchase BTC in small quantities if you cannot afford huge amounts of quantities at the moment. For example, you can purchase 0.001 worth of BTCs which can cost around ~$40 at the current market price. From this, you can gradually increase the amounts of your investment overtime with just a relatively small amount of value in the market. No one is forcing you to purchase 1 BTC outright.

Quote from: Luffygroove on Today at 11:04:31 AM

Investing in Bitcoin has changed over the years. Initially, buying a whole Bitcoin or even a thousand at a low cost was possible. Now, with the higher price, fractional buying and Dollar-Cost Averaging (DCA) are popular strategies. Believers anticipate Bitcoin's eventual surge, making any entry point valid. However, corrections do occur, providing opportunities to add to holdings and sell for profit during upward trends. It's essential to adapt strategies based on market conditions and believe in Bitcoin's long-term growth potential.

I do believe that once the fork happens this year, the price of BTC will again skyrocket like what happened last 2021 when it reached an ATH of ~$60k. I believe that we may go back to that price and that would be the price floor of BTC in the coming years until the next fork happens again.

This is the reason on why it is heavily recommended to everyone to purchase BTC and HODL it until after the fork happens.