Bitcoin is Too Expensive For Me.

[leonair]

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

[1715057679]

1715057679

[Kelvinid]

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.

[GideonGono]

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.

[samuraijin]

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.

[moneystery]

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.

[AnonBitCoiner]

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.

[Fuso.hp]

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.

[BitcoinTurk]

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.

[kentrolla]

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.

[stadus]

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.

[ShowOff]

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.

[snipie]

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.

[Finestream]

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.

[freedomgo]

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.

[Cookdata]

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.

[Cryptomultiplier]

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.

[ChiBitCTy]

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.

[highalch]

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.

[tygeade]

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.

[CODE200]

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.