Bitcoin is not expensive

[Nothingtodo]

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.

Well suppose Bitcoin is expensive but in that case no one is forcing you to invest in Bitcoin rather invest as much as you can in Bitcoin as per your ability. One should not invest one bitcoin but invest and hold 0.002 bitcoin amount. No matter how expensive Bitcoin is, if you want to invest, you will invest no matter how much the price rises.

[uswa56]

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.

Well suppose Bitcoin is expensive but in that case no one is forcing you to invest in Bitcoin rather invest as much as you can in Bitcoin as per your ability. One should not invest one bitcoin but invest and hold 0.002 bitcoin amount. No matter how expensive Bitcoin is, if you want to invest, you will invest no matter how much the price rises.

In terms of investing in Bitcoin, of course, we have to do it based on our own desires and also we must first understand well the risks and also the benefits that we are likely to face in carrying out investments, because without understanding these two things, of course, it is very unlikely that we will achieve the investment target that we are running.

Everyone of course must invest according to their ability and do not let them invest all the funds they have so that they have difficulty meeting their needs, of course we cannot carry out the investment well, but we can invest according to the funds that we are able to withstand in the long term and most importantly we have left funds for emergency needs that we need to be able to run investment to achieve the target that we have determined.

[justdimin]

In terms of investing in Bitcoin, of course, we have to do it based on our own desires and also we must first understand well the risks and also the benefits that we are likely to face in carrying out investments, because without understanding these two things, of course, it is very unlikely that we will achieve the investment target that we are running.

Everyone of course must invest according to their ability and do not let them invest all the funds they have so that they have difficulty meeting their needs, of course we cannot carry out the investment well, but we can invest according to the funds that we are able to withstand in the long term and most importantly we have left funds for emergency needs that we need to be able to run investment to achieve the target that we have determined.

That is true, I have seen people who invest with loans and that makes no sense at all. There is even a forum post here that someone had a friend who took out a 30k loan just to get bitcoin and invest into it, of course bitcoin didn't go up that much and now they are having hard time paying it back, I think that type of investment is not a good one and nobody should do that.

Only invest with money you are free to lose, you can be upset and unhappy that you lost it, but your economy shouldn't be crashing down just because you lost it, do not invest like your rent money or something. I have seen people who leverage the hell out of their salary just for the hopes that they can get richer and then pay everything anyway, but then they lose it all and have to take out a loan to pay for everything etc. Which is why I think it's clear that we are going to end up with some big issues if we are not careful, only invest with money you are fine with losing all together.

[GigaBit]

If we follow the Bitcoin price chart we can easily see that the price of this coin has been increasing continuously since 2009. Although according to the market trend we see some times low or high price of bitcoin but if we look at the overall picture there is a big change in the price compared to the current price and it will continue to rise in the future. If one predicts the level Bitcoin will reach after the next 10 years, if one invests in this period and holds it till that time, one can definitely reach his goal. Those who don't hold bitcoins at this time and later will remember this moment. The only regret they will have that is how cheap Bitcoin was at the time. In this continuity, generation to generation will suffer in the same way.

[TatsuyaJemi]

If we follow the Bitcoin price chart we can easily see that the price of this coin has been increasing continuously since 2009. Although according to the market trend we see some times low or high price of bitcoin but if we look at the overall picture there is a big change in the price compared to the current price and it will continue to rise in the future. If one predicts the level Bitcoin will reach after the next 10 years, if one invests in this period and holds it till that time, one can definitely reach his goal. Those who don't hold bitcoins at this time and later will remember this moment. The only regret they will have that is how cheap Bitcoin was at the time. In this continuity, generation to generation will suffer in the same way.

I also agree with your opinion, Bitcoin is an asset that will take us a lot further, but for that we need to hold for a long time, as you said hold for 10 years, I also agree with you, if someone By investing in Bitcoin and holding it for 10 years, he will surely achieve his goal.

[Septex]

Whether or not Bitcoin is expensive depends on many things. For example, if a person thinks he will buy a bitcoin and invest it, the amount will be much higher And if he buys some part of Bitcoin where he can afford and invests it then it becomes very easy for him. In fact, if each of us invests or trades in Bitcoin according to our own ability from our own place, then we will not find it too difficult. But if I want to invest in a whole bitcoin it can be difficult for many people. Because currently the price of Bitcoin is 59000$. Which amount is actually a lot. It is not possible to take it completely in all cases. But if one is partially invested in it then it is easier. It really depends on the ability.

[South Park]

If we follow the Bitcoin price chart we can easily see that the price of this coin has been increasing continuously since 2009. Although according to the market trend we see some times low or high price of bitcoin but if we look at the overall picture there is a big change in the price compared to the current price and it will continue to rise in the future. If one predicts the level Bitcoin will reach after the next 10 years, if one invests in this period and holds it till that time, one can definitely reach his goal. Those who don't hold bitcoins at this time and later will remember this moment. The only regret they will have that is how cheap Bitcoin was at the time. In this continuity, generation to generation will suffer in the same way.

I also agree with your opinion, Bitcoin is an asset that will take us a lot further, but for that we need to hold for a long time, as you said hold for 10 years, I also agree with you, if someone By investing in Bitcoin and holding it for 10 years, he will surely achieve his goal.

That depends on the goal itself, however if someone was able to hold their coins for a whole decade, there is almost no way they will not get huge profits at the end of that period, however these days many people cannot wait for anything and they want to get the results they want now, so instead of taking such a long term approach to the markets, they decide to believe on the lies scammers tell to them, getting horrible results that anyone that has been here long enough would have been able to predict with ease.

[CoinFoxs]

Agreed to your question bitcoin is not expensive it is just not reachable. Bitcoin is trading at almost 60k$ which is too high for investors or traders from developing countries. May be it is not expensive for residents of US or Europe or China but it is expensive for residents of Asia, Gulf and other countries as they are earning in fiat and then buy usd which is expensive and then they are buying bitcoin. People of many countries don’t have direct access to bitcoin.

[Issa56]

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.

The only set of people that I know that do complain that bitcoin is too expensive are the ones that are not really ready to invest in bitcoin, because no matter how high the bitcoin price goes, we can still invest in bitcoin, we don’t have to buy 1 bitcoin, even with a small amount of money, we can still invest in bitcoin. I have been in the crypto space for some years now, and I know how the bitcoin price has been moving. People that knew about bitcoin like four years ago and didn’t invest in it will be regretting it currently because people that invested have made so much profit already, and I am sure people complaining currently will also end up regretting why they didn’t even invest in bitcoin later in the future.

[LUCKMCFLY]

I also agree with your opinion, Bitcoin is an asset that will take us a lot further, but for that we need to hold for a long time, as you said hold for 10 years, I also agree with you, if someone By investing in Bitcoin and holding it for 10 years, he will surely achieve his goal.

Not just in 10 years , you just have to see the potential it has , if you look at the chart, its entire history you will notice something very good, that at the beginning btc started off great , like any other stock , and in this sense it has Always been moving in a very bullish Direction , the bullish direction is a fact, so because of this we can see that this currency is a treasure, and that even if it is little we must have it, we cannot miss the best things in the world , and we have them so easy to acquire, even if it is a small portion, we must only take Advantage of it , because in 10 years or more the price will Rise much more.

[Akbarkoe]

Precisely if we talk about price and look to the future, for example 5 years or more, then bitcoin will not be called expensive on today, because the price expectation at that time must be above $ 100k per coin, if we measure from the history of bitcoin movement and see its cycle it will form a new ATH again and again and over time the ATL is getting higher, so that bitcoin bitcoin will not be expensive when buying today and looking to the future, this is not talking realistically but the price expectation with past data that we see, and also cannot be justified because no one knows what the future will be like, it's just that we live with our own beliefs about bitcoin.

[martinex]

Well suppose Bitcoin is expensive but in that case no one is forcing you to invest in Bitcoin rather invest as much as you can in Bitcoin as per your ability. One should not invest one bitcoin but invest and hold 0.002 bitcoin amount. No matter how expensive Bitcoin is, if you want to invest, you will invest no matter how much the price rises.

I think each has their own trading strategy in that case. However, when the market starts to bull and the price starts to rise slowly, for example in a week, I think buyers don't count anymore, meaning that the price that is running/rotating is bought so that he can sell it and get a little profit, he feels it is enough and he plans to rotate to another while waiting for another price correction. My asumtion, in this moment the current price will be said to be still very cheap if at some point BTC will positively rise to a price of 100K in the future.

[SOKO-DEKE]

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.

The fact is that even if Bitcoin price is $1k, there will still always be those who will complain it is too expensive. This may be because they don't have the money, or probably because they don't really understand Bitcoin. Maybe they are comparing Bitcoin to alternative coins with lower prices, thinking that simply having a large number of coins in their wallet will result in huge profits. It may be don't realize that many of those alternative coins may not last long in the crypto industry.I believe that anyone who understands crypto well will never say Bitcoin is too expensive. You don't need to hold 1 or 2 Bitcoin to make significant profits from Bitcoin investment. It's all about the amount of money someone invests, regardless of the number of Bitcoins they own.

I once met someone who said that instead of buying Bitcoin, which he considered expensive since he couldn't afford one full Bitcoin, it would be better for him to buy an alternative coin worth $10 and hope that in time it would rise to $1k. I tried to explain to him that he could invest $2k in Bitcoin and they $2k worth of Bitcoin and that in 10 years, it might do may do 3x or 5x, while the alternative coin, despite having many, might drop to even $1 or less before that time. I advised him to consider the risk before buying into any coin.

[m2017]

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.

Bitcoin is perceived as expensive relative to the previous price ($0.1, $1, $10, $100, $1000), but remains cheap relative to the future price ($100,000, $1,000,000). It is a misperception to evaluate the price of bitcoin relative to the price of past years, because it seems that it is too late to buy bitcoin. But this is not true at all. There will always be opportunities if you imagine the cost of bitcoin in the perspective of 10, 20 or more years, and then the current $10k or even $50k will turn out to be a sale with a discount.

Let go of the past. Focus on the future.

[bitgolden]

Well suppose Bitcoin is expensive but in that case no one is forcing you to invest in Bitcoin rather invest as much as you can in Bitcoin as per your ability. One should not invest one bitcoin but invest and hold 0.002 bitcoin amount. No matter how expensive Bitcoin is, if you want to invest, you will invest no matter how much the price rises.

I think each has their own trading strategy in that case. However, when the market starts to bull and the price starts to rise slowly, for example in a week, I think buyers don't count anymore, meaning that the price that is running/rotating is bought so that he can sell it and get a little profit, he feels it is enough and he plans to rotate to another while waiting for another price correction. My asumtion, in this moment the current price will be said to be still very cheap if at some point BTC will positively rise to a price of 100K in the future.

I do agree that we are going to see some people getting more and more money and that is why I believe that we are going to see this changing and we should be considering this getting a different and we should be considering this as a good think. We need to consider that we can't really consider this changing all that much, at the end of the day buyers are getting good result and could be very fine if we al lend up buying more. Bull run is getting closer and we are seeing some small movements and because of that I honestly think that we are going to see this changing and that would be a good thing.

We are going to see this getting a good result, and that is the most important situation without a doubt. I think it will be something quite good and get a great result. We should be seeing this getting a good result with more and more bull runs and we should be seeing this and it is going to see bitcoin bull increasing would be a lot better for sure.

[EarnOnVictor]

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.

Well suppose Bitcoin is expensive but in that case no one is forcing you to invest in Bitcoin rather invest as much as you can in Bitcoin as per your ability. One should not invest one bitcoin but invest and hold 0.002 bitcoin amount. No matter how expensive Bitcoin is, if you want to invest, you will invest no matter how much the price rises.

I appreciate the Bitcoin investment so much, but I will always advocate only smart investment. What you advise is right in a way and wrong in a way, it's good to buy Bitcoin in your capacity and avoid postponing buying it just because of the price, no matter how little, your Bitcoin is your Bitcoin and this is where you are right.

But saying that we should just be buying Bitcoin with no regard for the price is so wrong and unprofessional. The price and condition of assets are crucial to real investors and it would be so wrong to buy any asset at its peak, Bitcoin or not, it's always devastating, and we should never allow what we hear of any asset or believe about it cloud our judgements, let's be professional. Those who bought Bitcoin at about $68,000 in 2021 would still be in loss now, and you call that a smart investment?

They are entrapped because they never considered the high price thinking it would always rise, but has it risen as presumed? Even if one buys Bitcoin, an adequate retracement to a lower level is needed so that too much waiting will not be required before a little money can be made.

[Zackz5000]

Bitcoin is expensive but not expensive for an investor
who knows the true value of the asset he/she is buying, if for example Bitcoin is been sold at $1k or $2k there are investor who will still be complaining that Bitcoin price is expensive that is because the funds is not there while some investor will say Bitcoin is cheap so it all depends on individual investors.
 
It is not compulsory or mandatory for an investor to buy the whole portion of Bitcoin all at once an investor can still accumulate Bitcoin little by little depending on the investor ability and capability. With the DCA method of buying Bitcoin an investor can choose to buy little by little it can be weekly or monthly and hodl for long.

[BALIK]

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.

Bitcoin is perceived as expensive relative to the previous price ($0.1, $1, $10, $100, $1000), but remains cheap relative to the future price ($100,000, $1,000,000). It is a misperception to evaluate the price of bitcoin relative to the price of past years, because it seems that it is too late to buy bitcoin. But this is not true at all. There will always be opportunities if you imagine the cost of bitcoin in the perspective of 10, 20 or more years, and then the current $10k or even $50k will turn out to be a sale with a discount.

Let go of the past. Focus on the future.

But what if bitcoin doesn't reach $100,000 or $1,000,000 in the future? We can't guarantee that will happen either, so it's understandable why some people are scared and think bitcoin is too expensive.


Personally, I am not saying that bitcoin is still cheap compared to the future and encourage people to buy now because the future is unpredictable. Instead, give fair advice to those thinking about investing in bitcoin. They should consider the risks they may face as well as the returns they will receive if they are willing to take the risk. There is always a risk in investing and investing in bitcoin is no exception, but the higher the risk, the higher the return, so everyone should consider everything before investing.


Whether Bitcoin is cheap or expensive, whether we still have a chance or it's too late to invest in it all depends on each person's risk tolerance.

[LUCKMCFLY]

But what if bitcoin doesn't reach $100,000 or $1,000,000 in the future? We can't guarantee that will happen either, so it's understandable why some people are scared and think bitcoin is too expensive.

You just stay calm, that moment will come , you just have to wait , be patient and know that this is for the future, the future is not right now, many of us believed that right now it was Going to be a great future and it is not, the world is Currently completely crazy and discounted, more so economically, so it has to go through many more cycles of Accumulation-Distribution in the bitcoin market so that these numbers and figures can be reached , don't we sometimes see that bitcoin is the currency of the future, is that it is, if so, you just have to buy everything you can in Bitcoin to have a life as we want in the future.

[GeorgeJohn]

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.

I have not come across of people who says that bitcoin is expensive, bitcoin is the kind of currency that I know that is appreciative in value, it depends when you know Bitcoin and when you invest in bitcoin that will make you to feel that bitcoin is expensive, I believe that people who purchased bitcoin when the price was between seventy thousand years back will not say bitcoin is expensive, instead they will recommend bitcoin as a valuable asset.