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Author Topic: Bitcoin is Too Expensive For Me.  (Read 811 times)
flyingcarpet
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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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