Bitcoin is not expensive

[Coyster]

But even when someone explains to them that they can buy 0.001 BTC and pay for it only about $60 (at today's prices), many will be a bit disappointed that they will have so little BTC and will rather buy something cheaper just to have 1 whole coin.

You are absolutely correct, i have been in discussions with friends about crypto and many of them have said exactly this, that rather than buying bitcoin worth a few dollars, they'd go for altcoins that they can own more than 1 of it for a very tiny amount. I tried explaining that what they should look out for is the value of the coin, its use cases and long term sustainability, but they didn't listen, well in the end they learnt in the hard way.

By the end of the decade, more than 50% of all BTC will be in the possession of various companies and wealthy individuals, and the share of small users will decrease more and more.

Quite a lot of people are just waiting for bitcoin to get to $100,000 so that they can sell their coins, but these companies and wealthy individuals will definitely be buying more at that time and buying the coins of the smaller users.

[Zigabel]

Its looking expensive because of the purchasing abelites and capacity of some of the investors out there, looking at the valuability now and in the nearest future it becomes something you will agree to the fact that its actually a  cheep commodity in the present but in the future it becomes something that we would be proud and happy we did invested in. investing in bitcoin will always look expensive in the present until the future  comes where we still looking at regrets for not investing at the time we where supposed when it did appeared like it was cheap.

Now is always the best time to invest in something like bitcoin which we know has got a growth potential in such aw ay that it progressively increases in the upward direction and at some point does double the price of our invested capital.

[YOSHIE]

The future will always make us understand that bitcoin is not expensive, we only miss expensive opportunities that we won't be able to get back.

Yes, that's shallow speculation, three years from now if you see a Bitcoin price of $150k of course you'll say it's expensive, but not for now it's cheap, only $59k isn't it, unfortunately why not buy it now, that's the most challenging question.

• Are they sure the current price of Bitcoin is the cheapest...! Is their answer expensive or cheap.....!

Life is like that, until something happens, they don't believe in it and that is the law of nature and is often felt by humans. The biggest challenge in the crypto world is not being sure and believing in what we are doing, even though they are gray-haired in the crypto world, try asking those who are old in the crypto world, whether they want to buy bitcoin now and whether they dare to say the current price is cheap, no, no one dares to say that, they are always haunted by the phenomenon of a far decline from the current price.

[GIF-JOBS]

In fact, this is the biggest mistake every new investor makes, they think that the price of Bitcoin will drop a lot after a few days, but the opposite actually happens, it pump further, and they lose more opportunities. So we always have to pay attention to investment, no matter what the price, we just have to invest.

[Stable090]

Some people always think bitcoin is expensive but it is not. For instance if 1 bitcoin is = $10,000 we will say it is too expensive and when we look at the price in next two years it can be double($20,000-$30,000) and we realize that bitcoin at $10,000 was very cheap and something very affordable. The future will always make us understand that bitcoin is not expensive, we only miss expensive opportunities that we won't be able to get back.

Why will anyone even say bitcoin is expensive to buy? It’s not necessary to buy 1 bitcoin if you can’t afford it, you can just buy any amount of bitcoin that you have. That’s just the good part of bitcoin, it’s not necessary to buy 1 bitcoin. And if anyone is investing in bitcoin, then it should be for the long term. The 2 years that you mentioned to double the amount that you are having might not really be enough. Don’t make people think that if they invest in bitcoin, within a year or two years they will double their money.
 
If you end up buying bitcoin at the top, sometimes for 2 years, you might even be at loss after buying, and the bear market starts. But bitcoin is not expensive to buy, and the only people that I know who are saying it's expensive are the ones who are not really ready to invest in it.

[famososMuertos]

Yes, we are in the bitcoin niche and that OP premise fits like a glove, but isn't it the same every day of our lives? (opportunities) I think that sometimes bitcoin has been a wonderful thing because it allows all kinds of ages to get involved with a truly incredible asset, that allows everyone to be partners and always see thousands of positive things, and the price is definitely "wrongly" number 1. 

[Rabata]

Some people always think bitcoin is expensive but it is not. For instance if 1 bitcoin is = $10,000 we will say it is too expensive and when we look at the price in next two years it can be double($20,000-$30,000) and we realize that bitcoin at $10,000 was very cheap and something very affordable. The future will always make us understand that bitcoin is not expensive, we only miss expensive opportunities that we won't be able to get back.

Yes it is true. Those of us who haven't collected bitcoins despite the low price of bitcoins can certainly realize it very easily. When the price of bitcoin was $5000 that price was too much for us and when it reached $10000 we only regretted it and we kept going but if we tried to collect bitcoin considering the current price as appropriate then we would have quickly made our profit. When Bitcoin price was below $5000 we could not have imagined its price at $20000 just like the current price position we will be regretting this price in the next few years. Even though Bitcoin is not expensive, our mentality has become expensive.

[cryptoWODL]

Some people always think bitcoin is expensive but it is not. For instance if 1 bitcoin is = $10,000 we will say it is too expensive and when we look at the price in next two years it can be double($20,000-$30,000) and we realize that bitcoin at $10,000 was very cheap and something very affordable. The future will always make us understand that bitcoin is not expensive, we only miss expensive opportunities that we won't be able to get back.

This may have been the case since the creation of Bitcoin in the past. In the beginning when the price of Bitcoin was $0.20-0.30 most people did not buy Bitcoin at this price because they thought it might be its peak price. Then when the price of this coin started to rise gradually even reached a very high level, they thought that this coin is the most expensive to buy at this moment. They then think back to past prices and think that it was lower price in the past, when it was easier to buy. Currently seeing Bitcoin price at $60k in the crypto currency market many may think that this coin is expensive to buy right now but whenever it rises again and crosses $100k they will think it is expensive now.

So no matter how high or low the price of Bitcoin is, if you have enough money you can buy any amount of Bitcoin. There is no guarantee that you will need to purchase large amounts of bitcoins at once to invest. You can buy small amount of bitcoins even increase it gradually according to your earning capacity and personal convenience.

[passwordnow]

If you end up buying bitcoin at the top, sometimes for 2 years, you might even be at loss after buying, and the bear market starts.

I remember that there were investors that did this on 2017 bull run and then ended up facing 2018 bull run. And the same goes for the investors that have bought during the 2021 height and then faced the 2022 bull run. Despite that, the latter didn't do that much damage at all and the market has recovered so fast. With what we're facing right now, we've got a different scenario now and the market does look healthy at all. For people to say that Bitcoin is expensive, that's what they think about it when they've bought it because that's the only money that they have.

Even I, I'd say that it is quite expensive if I use my last money to buy it. But then, if I have money in abundance and I can buy for as much as I can then it only means that I am not going to think of it as something expensive if it involves my future as any investment differs and it will base on how you look at it. If you treat it as something expensive, you better not do any investment on it at all because later on, you'll be forced to sell because that's what you think is the right thing to do and your patience will be gone waiting for too long as the market transition from bear to bulls, and vice versa.

[Odusko]

Yes, we are in the bitcoin niche and that OP premise fits like a glove, but isn't it the same every day of our lives? (opportunities) I think that sometimes bitcoin has been a wonderful thing because it allows all kinds of ages to get involved with a truly incredible asset, that allows everyone to be partners and always see thousands of positive things, and the price is definitely "wrongly" number 1. 

Having it at the back of our mind as bitcoin investors, that each time there is a dip, there will always be a follow-up bull market, and vis-a-vis that is same goes with each time the price of bitcoin do an all time high (ATH) it will definitely correct back, and that point out two significant features with bitcoin investment that make bitcoin unique from every form of assets which is.

Bitcoin give both the investors and potential investors equal opportunities, while the investors always have the opportunity to make profits from the market when the price of bitcoin touched high price.

Potential investors also will have the opportunity when the market correct downward, such that it gives them the discount opportunity to buy at low, and only one thing determine this features in bitcoin which is the timing, both investors and potential investors all need time to accurately calculate the bitcoin market in other to take the right decision at each point in time.

[Lucius]

But even when someone explains to them that they can buy 0.001 BTC and pay for it only about $60 (at today's prices), many will be a bit disappointed that they will have so little BTC and will rather buy something cheaper just to have 1 whole coin.

You are absolutely correct, i have been in discussions with friends about crypto and many of them have said exactly this, that rather than buying bitcoin worth a few dollars, they'd go for altcoins that they can own more than 1 of it for a very tiny amount. I tried explaining that what they should look out for is the value of the coin, its use cases and long term sustainability, but they didn't listen, well in the end they learnt in the hard way.

I also know some who bought various forked BTC for a few hundred $ each and thought that one day they would get rich from it, but in the end they were taught the hard way that copies are just copies and that they fade with time. Admittedly, for a short time they lived in great delight when one forked coin reached about $3000 per coin, compared to $5000 for 1 BTC - but more than that with all the intrigues and the money did not happen.

By the end of the decade, more than 50% of all BTC will be in the possession of various companies and wealthy individuals, and the share of small users will decrease more and more.

Quite a lot of people are just waiting for bitcoin to get to $100,000 so that they can sell their coins, but these companies and wealthy individuals will definitely be buying more at that time and buying the coins of the smaller users.

A classic game in which small fish end up being eaten by big fish no matter how long they run away and hide from them. Big fish are cunning, have a lot of patience and can afford a much higher cost compared to others - but I still hope that there will be more strong hands than weak hands, because 1 BTC has a much higher potential than $100k.

[mirakal]

Bitcoin becomes expensive if we compare its price to altcoins or any other cheaper investments. But if you know how valuable bitcoin is, and how high its potential profits can be in the future, then you will realize that its price is undeniably worth it also of its value.

But we can always buy bitcoin on a smaller portion, that is through DCA. If you can DCA regularly, the better. That way, your small amount of investment will grow into a bigger one once it’s own price skyrocket and reaches a new all time high.

[Nrcewker]

Some people always think bitcoin is expensive but it is not

We can’t say whether it is expensive or cheap when the price is constantly changing at various time frames. Moreover, who is asking you to buy a whole bitcoin? I am sure that 80% of the members don’t own here a complete Bitcoin. But that doesn’t mean that they are not making profit from it. If you own at least $100 worth of Bitcoins, then by the next four years, you will be able to convert it to $300. That’s a 200-300% increase. Hence, we need to stop giving excuses and buy as many Bitcoins as we can according to our investment capability. Soon, bitcoins will start growing until 100,000 USD, so don’t miss the golden opportunity now.

[stadus]

Some people always think bitcoin is expensive but it is not. For instance if 1 bitcoin is = $10,000 we will say it is too expensive and when we look at the price in next two years it can be double($20,000-$30,000) and we realize that bitcoin at $10,000 was very cheap and something very affordable. The future will always make us understand that bitcoin is not expensive, we only miss expensive opportunities that we won't be able to get back.

For those who invest and think of long term potential value of bitcoin, obviously they will see current bitcoin price as cheaper compared to its future price. However, for those who stick with the current price and have doubled the potentials of bitcoin, they will always see bitcoin as an expensive one. And end up investing into altcoins to find affordable one, but regret in the end because they invested at the wrong coins and worst, get scammed for trusting unreliable coins.

[adaseb]

Well most people see that bitcoin is priced at $60K and they think its too expensive because they assume, you cant buy partial amounts. Like with most stocks, if someone sees a stock valued at $1000, they usually avoid it because most people can buy like 2-3 shares and they dont see growth potential, hence why many overpriced stocks get stock splits.

However when people find out that you can buy partials like 0.10 BTC, they usually get interested. However like it was mentioned before, you wont get rich by buying bitcoin right now. It might outperform inflation and many stocks but you arent going to get the 10x gains like you could in the past, that ship has sailed a long time ago.

[rhodelmabanal]

Some people always think bitcoin is expensive but it is not. For instance if 1 bitcoin is = $10,000 we will say it is too expensive and when we look at the price in next two years it can be double($20,000-$30,000) and we realize that bitcoin at $10,000 was very cheap and something very affordable. The future will always make us understand that bitcoin is not expensive, we only miss expensive opportunities that we won't be able to get back.

You have a point but bitcoin is expensive,who knows if btc price will drop in 2 years from now no one knows about it.if bitcoin is 61k$ today and in the next Two years it will drop down to 10k$ then it is expensive,you say it is not expensive because the price is always rising but base on value still it is expensive.

[Don Pedro Dinero]

You have a point but bitcoin is expensive,who knows if btc price will drop in 2 years from now no one knows about it.if bitcoin is 61k$ today and in the next Two years it will drop down to 10k$ then it is expensive,you say it is not expensive because the price is always rising but base on value still it is expensive.

So you base your assertion on something hypothetical? Those of us who say it is not expensive are basing our thinking on history and fundamental properties, such as scarcity, decentralisation or ease of transportability, as well as other economic events such as increasing adoption, not simply that it may be more expensive tomorrow, like someone who says it may or may not rain in 18 days' time.

Bitcoin is cheap, cheaper than it will be in 4 years and much cheaper than it will be in 8 years.

[Yaunfitda]

You have a point but bitcoin is expensive,who knows if btc price will drop in 2 years from now no one knows about it.if bitcoin is 61k$ today and in the next Two years it will drop down to 10k$ then it is expensive,you say it is not expensive because the price is always rising but base on value still it is expensive.

So you base your assertion on something hypothetical? Those of us who say it is not expensive are basing our thinking on history and fundamental properties, such as scarcity, decentralisation or ease of transportability, as well as other economic events such as increasing adoption, not simply that it may be more expensive tomorrow, like someone who says it may or may not rain in 18 days' time.

Bitcoin is cheap, cheaper than it will be in 4 years and much cheaper than it will be in 8 years.

And people forget that 94% of Bitcoin has been mined already, meaning, it's going to be very difficult to get it in the future and with that, the current price is still cheap in my opinion and we should this opportunity to buy because we don't know, in the future the price is going to be obviously much higher than today and then we will have the same complain, that it is expensive. But if you look back, those who are saying is not buying but instead complaining about it until the time passes them. So again, don't look at the price, look at how much you can buy and then HODL for a long time.

[betswift]

One thing you need to understand is there is critics to anything and they only spread fear and uncertainty to those intending to invest and one of those ways is making people think that bitcoin is expensive so they don’t invest into it there by losing the opportunity to even get in very early.

One can agree that for an average class person bitcoin is more or less expensive bitcoin has its own units called satoshi which you can invest in for as low as even less than $10. So the excuse of it been expensive is totally out of question

It's a matter of perspective and it's different for everybody. What stays intact is the idea behind BTC and its stability, along with its principles.

[justdimin]

Well most people see that bitcoin is priced at $60K and they think its too expensive because they assume, you cant buy partial amounts. Like with most stocks, if someone sees a stock valued at $1000, they usually avoid it because most people can buy like 2-3 shares and they dont see growth potential, hence why many overpriced stocks get stock splits.

However when people find out that you can buy partials like 0.10 BTC, they usually get interested. However like it was mentioned before, you wont get rich by buying bitcoin right now. It might outperform inflation and many stocks but you arent going to get the 10x gains like you could in the past, that ship has sailed a long time ago.

Even with partial they are not willing to do it because they think that it's too expensive to buy whole, and not worth to buy small. This is why they buy tokens that are small, because their brain doesn't understand what market cap means. They buy shiba and ask questions like "will shiba be 1 dollar one day?" because in their mind, 1 dollar is such a small number, it's just a dollar, it's nothing, so why couldn't it be one dollar?

And not realize that it would have to be tens of trillions of dollars for that to happen in market cap, because their brain doesn't get that part. This is fine, not everyone has to understand everything and not everyone has to make a profit. The market needs people who doesn't understand about the market and how things work at all, so that we can keep on making some money, that's the most important part. If we can keep doing what we know and make a profit, then we are taking their money because we know what we are doing is alright.