Is Bitcoin really too Expensive? Then Buy Satoshis

[KiaKia]

I don't want to do the math but it's possible when or if Bitcoin reach a million dollars, this isn't going to happen very soon I believe it's going to take a lot of time before we get there, right now I believe people should keep aiming for 1BTC it is still very possible, do this for the long term you will get there, you don't have to buy 1 BTC in a year if you are making not so much money.

I plan to keep accumulating Bitcoin for many more years to get to my main target, I am doing it gradually to my own convenience, it's not a do or die something, it is something you should do with ease and when you can afford it, we are still in a bear market right now, so you still have enough time to keep accumulating before Bull market get here...

[tjtonmoy]

As a side project of Bitcoin, I don't think Satoshi can become as successful as Bitcoin and be that much valuable. I am saying this because I like to stick to Bitcoin and not focus on other thing. It was still getting the amount of Bitcoin you are paying for, and price increase is going to happen in the future for sure. If I put $100 in Bitcoin I get $100 worth of Bitcoin. If I put $100 in Satoshi I get $100 worth of Satoshi. But here's the catch. I'm not sure if Satoshi is going to increase in price as much as Bitcoin. So just to be on the safe side, I will choose Bitcoin.

Time to profit ratio is always going to be the best with Bitcoin. I don't think it is the same thing with Satoshi. Owning one Bitcoin is not the dream rather having something in Bitcoin should be our dream. Bitcoin is expensive but you are getting what you are paying for. So I don't think what's the problem here. The more people buy it the more expensive it gets but it is not wise to choose other thing because it's expensive. It will increase in value in the future. So it doesn't lose its value which makes me think that whatever else is out there Bitcoin is the one for me.

[Fatunad]

I don't want to do the math but it's possible when or if Bitcoin reach a million dollars, this isn't going to happen very soon I believe it's going to take a lot of time before we get there, right now I believe people should keep aiming for 1BTC it is still very possible, do this for the long term you will get there, you don't have to buy 1 BTC in a year if you are making not so much money.

I plan to keep accumulating Bitcoin for many more years to get to my main target, I am doing it gradually to my own convenience, it's not a do or die something, it is something you should do with ease and when you can afford it, we are still in a bear market right now, so you still have enough time to keep accumulating before Bull market get here...

Even on my wildest dreams on which there's no way for Bitcoin to reach up a million but since future is something that cant be predicted then it could happen and it would really be entirely be depending on the demand.
This is why it would really be that better that you should be going or thinking about something realistic rather than on making yourself hopeful. It would really be just that a distraction on your part if you do keep
on minding or thinking about Bitcoins price to go up on millions. Investing on Bitcoin doesnt necessarily be talking about getting a whole coin on which you would really be that thinking about getting it on that
quantity on which we know that it would really be that not cheap on which means that only a few could be able to afford on which to those people who have that financial capacity.

Somewhat we could be able to make a whole coin via investing + making up some bitcoin paying work/jobs/services or whatever things that you are getting involved into.
Its not necessary to get a whole coin yet we could really be able to own fractions of it on which it is really just that normal that we would really be
sticking into this method but its really that great to own a whole coin.

[_BlackStar]

-snip-

Even on my wildest dreams on which there's no way for Bitcoin to reach up a million but since future is something that cant be predicted then it could happen and it would really be entirely be depending on the demand

When you say there is no way for bitcoin to reach $1 million - then at the same time you are ignoring something that might happen in the future. The market continues to move and the bitcoin economy will get stronger and bigger - so there are many good possibilities waiting for us in the future especially if you feel optimistic about bitcoin.

One should not exclude bitcoin from one's investment portfolio even if they does not have enough budget to buy 1 bitcoin. It's a good idea to buy periodically and do so consistently throughout the year - even someone who can afford to buy as much as $10 of bitcoin per week will potentially make a profit. To reach $1M is indeed very difficult - but every moment will be more valuable if bitcoin can print a new ATH in the future.

[The Cryptovator]

We can buy Bitcoin units called Sat right now, which are very cheap. I agree with OP; once in a while, we can't imagine buying a whole bitcoin. I know the OP wants to mean just buy Bitcoin and hold whenever you can. In the future, it will give you the biggest return. We have to talk about the Sat price from time to time because the Bitcoin price would be out of reach. So keep accumulating.

[Litzki1990]

It is a positive aspect for investors that there is no fixed investment amount for Bitcoin investment an investor can invest in Bitcoin with minimum amount of money. Since an investor can invest in Bitcoin with minimum amount of money, I think the high price of Bitcoin will not have any negative impact on his investment. If an investor thinks he will invest in Bitcoin as he wishes, he can also employ Bitcoin as he wishes. There are many investors who save some money from their monthly salary and invest in Bitcoin. Since people can save some money from their salary money and invest in Bitcoin, I don't think investing plan can be expensive for a person.

[lovesmayfamilis]

When people I know talk about the value of Bitcoin and how they can't afford to buy it because it's so expensive, I'm not trying to confuse them further. I propose the most understandable solution for them: investing some amount of fiat. How much they can afford to invest in fiat is later translated into the number of bitcoins they will receive. I think this is the least simple explanation for people trying to also become part of the Bitcoin trend. Further, they have the opportunity to independently observe price movements and draw conclusions about what they want to do in the future.

[Hypnosis00]

In the future, we will get to a stage where or when we will no longer talk much about how much 1 full BTCbitcoin is worth, but we will focus on how much 1 satoshi is worth.

If that is only the amount that we can afford, then there is no reason to think about buying the whole 1BTC as it was really expensive but yes, rather focus on accumulation in sats because as we continue buying that will be formed into 1BTC.
1o years from now, we can never expect that the price of Bitcoin will be cheap but instead, it will become expensive. That is the thing we have to anticipate and take the chance while we can still buy 1 sats for less than $1 for it possibly be 1sats = $1 in the future.

[Odohu]

When people I know talk about the value of Bitcoin and how they can't afford to buy it because it's so expensive, I'm not trying to confuse them further. I propose the most understandable solution for them: investing some amount of fiat. How much they can afford to invest in fiat is later translated into the number of bitcoins they will receive. I think this is the least simple explanation for people trying to also become part of the Bitcoin trend. Further, they have the opportunity to independently observe price movements and draw conclusions about what they want to do in the future.

I have had similar experience on several occasions. The first question they usually ask is how much is 1BTC  and as soon as you give them the answer, they become discouraged siting that it is already too expensive for them to afford. It always require a great deal of explaining to tell them they can buy fraction of Bitcoin based on how much they can afford.

With this idea of Satoshi, I think the explanation will become easier since we are dealing with a whole number here. It will require less time to make them understand that Satoshi is a smaller unit of Bitcoin.

[Qiubell5]

I agree with you, Op. Currently, Satoshi may still be underestimated. Because the current price is still very, very cheap. However, if we look back at bitcoin, bitcoin used to have a very cheap price. But in just 10 years, Bitcoin has experienced a huge price increase. So OP's perspective makes perfect sense. Because maybe in the future bitcoin will experience an even more expensive price increase, so that automatically the price of satoshi will also increase. So it's true, don't take 1 satoshi for granted nowadays. Because it is true, it is possible that in the future the price could be as expensive as Bitcoin is today.

[Strongkored]

Imagine buying 1,000,000 satoshis at current price of $0.000366, that will cost you around $366 today

Hold the same 1,000,000 Satoshis till each worth $0.1 cent, that will be worth $100,000 (not money for children)

Start investing in satoshi today, if you are too poor, buy and hold atleast, 2,000,000 satoshis worth $732 today, and be very patient.

Don’t suggest someone to invest by giving the likely return that will be obtained, because all just estimates can happen but also vice versa, and when what you say doesn’t happen despite saying it’s possible then people will feel getting the wrong advice from you, just say that Bitcoin is good as one of the investment options at present while regarding the price no one knows definitely so it is better to buy with the money that we really can afford to lose by staying alert to the possibility of bad things happening.

[MarjorieZimmermanGinger]

If you missed buying bitcoin in its early days and feel bitcoin have become too expensive, then you have the opportunity again to invest in satoshi, treat satoshi as a bitcoin side project, for in the near future, 1 satoshi may worth up to $0.2 cents or even more, there are only 100 million of satoshis in every 1 bitcoin, and a total/max supply of 2.1 quadrillion satoshis off the total supply of bitcoin which is 21 million (disregarding that around 6 million bitcoins is estimated to be lost, which also means that the satoshis equivalent to this amount of bitcoins are also lost)

Such thinking has represented most people who have been involved in bitcoin and perhaps we have also said that bitcoin is expensive since it gained upward momentum after its price did not exceed one slice of pizza. Then as time goes by the development process continues and bitcoin finds a rate of increase on a scale that exceeds reasonable limits so that people begin to realize it is too late to buy it. But precisely because of this increase, it provides an opportunity for us to establish ourselves as involved in bitcoin because it has a value that continues to rise as a way to maintain its value.

If in this period people still see the price as too expensive then for the next few decades there will be similar questions for people who are new to bitcoin and/or who have not yet started buying. Treat bitcoin as an investment asset and buy it in responsible amounts according to existing money holdings gradually because that way we will find financial freedom to steady investment flows in the future.

[Pandu Geddon]

Start investing in satoshi today, if you are too poor, buy and hold atleast, 2,000,000 satoshis worth $732 today, and be very patient.

This seems to simplify our thinking about Bitcoin with smaller units. This makes sense and can influence our psychology in investing. that's because when we look at the value of 1 BTC, it feels very expensive. but when we think about 1 Satoshi, of course, anyone can put their money in increments.
the beginners who come and want to invest in Bitcoin are too afraid when they have to buy 1 BTC at a very high price. and instead, shift their choice to altcoins that look cheaper.

[freedomgo]

Why focus solely on the overall BTC price? If we're keen on investing, we should adhere to fundamental investment principles, much like with traditional fiat investments. It's crucial to only invest what we can comfortably afford to lose. Instead of fixating on the present price, it's wiser to assess its potential for growth. If you believe the current price could increase by x100, then make that your investment goal. For instance, if your affordable investment is $10,000, set your target at a future holding value of $1,000,000. Remember, it doesn't have to be precisely 1 BTC; you can invest gradually to reach your goal.

[Oasisman]

We can buy Bitcoin units called Sat right now, which are very cheap. I agree with OP; once in a while, we can't imagine buying a whole bitcoin. I know the OP wants to mean just buy Bitcoin and hold whenever you can. In the future, it will give you the biggest return. We have to talk about the Sat price from time to time because the Bitcoin price would be out of reach. So keep accumulating.

Most of us here can't afford to have 1 or 2 bitcoin in one single purchase, not because we don't have that kind of money equivalent to 1 bitcoin, but because we all have our own financial responsibilities, other investments, and savings too. We just can't put our money in just bitcoin, though we're almost certain for the profit that we can get in the future with bitcoin, but it's very volatile nature makes it hard for us to withdraw and buy back whenever we want. So, that's one of the few reasons why we should never put all our money in bitcoin most especially the emergency funds.
DCAing or purchasing fragments/satoshis during dip will be effective for most the most of us.

[rodskee]

In the future, we will get to a stage where or when we will no longer talk much about how much 1 full BTCbitcoin is worth, but we will focus on how much 1 satoshi is worth.

And today, based on the current price of bitcoin, 1 satoshi is currently valued at $0.000366 according to coinmarketcap.

actually that is what I also seen in the market , there are so much talk about how can they
 purchase bitcoin when the price is around 5 digits when the truth is they are not obligated to purchase a
whole instead just satoshis is more than enough to hold.

Start investing in satoshi today, if you are too poor, buy and hold atleast, 2,000,000 satoshis worth $732 today, and be very patient.

that seems to be Odd mate , calling to be TOO POOR but recommending to purchase around 732 dollars?
mate that amount is a few months salary in 3rd world countries , how could a Poor can have this?

[ektotanes]

You are absolutely right. For some reason, people forget that they don't have to buy 1 bitcoin at once. You can only buy a part of bitcoin, and that will be enough. Gradually accumulating, you will get 1 bitcoin and even more. It all depends on your intentions and perseverance.

[traderethereum]

You are absolutely right. For some reason, people forget that they don't have to buy 1 bitcoin at once. You can only buy a part of bitcoin, and that will be enough. Gradually accumulating, you will get 1 bitcoin and even more. It all depends on your intentions and perseverance.

They must be able to understand this so they can start buying bitcoin with the smallest value according to the budget they have made. By buying bitcoin regularly, they can collect more satoshis, especially if the price of bitcoin experiences a deep decline.
By purchasing regularly, they can increase the number of satoshis and within a certain time, maybe they will be surprised to see the number of satoshis they can collect.
They may be even more eager to collect more satoshis when they see that they still have the opportunity to buy more bitcoins.
And yes, their intention and perseverance will increase when they see that they can collect up to a lot of satoshis.

[CryptoHeadlineNews]

If you missed buying bitcoin in its early days and feel bitcoin have become too expensive, then you have the opportunity again to invest in satoshi, treat satoshi as a bitcoin side project, for in the near future, 1 satoshi may worth up to $0.2 cents or even more, there are only 100 million of satoshis in every 1 bitcoin,

Satoshi is not Bitcoin's any side project, but Satoshi is Bitcoin and likewise is Bitcoin Satoshi, vice-versa,  and I so much agree with what O.P said in this thread, since Satoshi is a fraction of Bitcoin, and for whoever can not afford to buy a whole full 1 Bitcoin, can likewise afford getting it's fraction which is Satoshi, whereas, as the price of Bitcoin skyrocket, so will it's finite unit also increase in value due to demand and supply.

Imagine buying 1,000,000 satoshis at current price of $0.000366, that will cost you around $366 today

Hold the same 1,000,000 Satoshis till each worth $0.1 cent, that will be worth $100,000 (not money for children)

And for the price of a Satoshi currently at $0.000366 to skyrocket to $0.1, it will take approximately 30,000%, which will still literally take probably either 5 to 10years, or two halving period.

[dunfida]

You are absolutely right. For some reason, people forget that they don't have to buy 1 bitcoin at once. You can only buy a part of bitcoin, and that will be enough. Gradually accumulating, you will get 1 bitcoin and even more. It all depends on your intentions and perseverance.

They must be able to understand this so they can start buying bitcoin with the smallest value according to the budget they have made. By buying bitcoin regularly, they can collect more satoshis, especially if the price of bitcoin experiences a deep decline.
By purchasing regularly, they can increase the number of satoshis and within a certain time, maybe they will be surprised to see the number of satoshis they can collect.
They may be even more eager to collect more satoshis when they see that they still have the opportunity to buy more bitcoins.
And yes, their intention and perseverance will increase when they see that they can collect up to a lot of satoshis.

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

Some people would really be putting up their interest on buying in other altcoins because they do really always have like that situation or impression that getting a whole coin
is really giving that kind of good feeling on which they do know that they've been holding tons. lol