Bitcoin is not expensive

[kawetsriyanto]

Well, in current date and time Bitcoin is considered a very volatile asset but in future when its marketcap grows to very high values then at those times it won't be so much volatile and at that time it would be one of the best or the only best asset with deflationary nature. Even at current date and time it's still a much better hedge against inflation because of its limited supply and high demand and similar due to the ones who are Hodling it for long term.

I admit Bitcoin is volatile because the price always fluctuates. However, this is the advantage of Bitcoin, it offers people with the chance of high increase. I believe Bitcoin volatility is one of the reasons why people join Bitcoin investment. If there is no high volatility in Bitcoin, people may be not interested in Bitcoin.

Mate, I don't really understand that you said the price won't be very volatile when the market cap grows high. Does the high market cap really decrease the volatility of Bitcoin? 

Anyway, with the limited supply, Bitcoin price can keep growing. We can check the price history, it always increases from one cycle to another cycle. According to 4 years cycle, Bitcoin is always capable to reach a new ATH. The price gap between the past ATH and the newest one is quite a lot. There is no doubt that Bitcoin deserves for a long-term holding.

[add1ct3dd]

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.

That is definitely a big possibility and I believe that it is going to happen, not saying that there is a guarantee to happen but I think it will happen and because of that we should be seeing this getting a better result. Of course it is not that common to think about x50 increases but that will happen but I think we should consider that this could be something that will definitely take some time and because of that we shouldn't really be getting better results.

This is why I think we should be getting a good profits and that is why I think we can make some profit if we believe in it like that. If you keep thinking that you are going to make a mistake then you are going to make a mistake, do not lose hope on bitcoin and just keep thinking that it could grow even more.

[Mahanton]

Well, in current date and time Bitcoin is considered a very volatile asset but in future when its marketcap grows to very high values then at those times it won't be so much volatile and at that time it would be one of the best or the only best asset with deflationary nature. Even at current date and time it's still a much better hedge against inflation because of its limited supply and high demand and similar due to the ones who are Hodling it for long term.

I admit Bitcoin is volatile because the price always fluctuates. However, this is the advantage of Bitcoin, it offers people with the chance of high increase. I believe Bitcoin volatility is one of the reasons why people join Bitcoin investment. If there is no high volatility in Bitcoin, people may be not interested in Bitcoin.

Mate, I don't really understand that you said the price won't be very volatile when the market cap grows high. Does the high market cap really decrease the volatility of Bitcoin? 

Anyway, with the limited supply, Bitcoin price can keep growing. We can check the price history, it always increases from one cycle to another cycle. According to 4 years cycle, Bitcoin is always capable to reach a new ATH. The price gap between the past ATH and the newest one is quite a lot. There is no doubt that Bitcoin deserves for a long-term holding.

Honestly, it would really be just that depending on you on which we do know that when it comes into this aspect everything will really be just that according or would really be that depending into a certain individual
on neither they would really be buying up Bitcoin or not. We do know that its not necessary that they will really be that purchasing up a whole coin but rather they could really be able to do so in purchasing a fraction with those Bitcoin on which its not necessary on buying up a whole coin. Some people would really be thinking that they cant be able to afford it just because they are really that seeing or watching it as a whole coin value on which trying out to buy a whole coin on which its not something that anyone could be able to afford on. This is why we would really be buying on small parts and trying out to accumulate as much as possible.

The key on here is that you should really that invest on the amount that you can afford to lose so that whenever the price neither be having some dumps then you wont really be that easily panicking out.
People do really panic out because if they really having that lacks of understanding on how this market works. You will really be having that kind of impulsive approach on the time or moment that the
price will really be making up such behavior. Self realizations and awareness on how this market works will really be that definitely be the main key for you not to be able to get easily panic.

[coolcoinz]

I look at it another way. Bitcoin is only expensive if you're trying to buy 1 bitcoin beause it messes with your head. You are used to seeing 1 unit of account as something cheap, for instance all fiat currencies are very cheap. 1 Euro, Yen, Dollar, Pound, they all cost less than the price of beer in a pub, but bitcoin is thousands of times more expensive. That's why you should stop thinking of it as 1 unit of account, but rather use it to price goods and services.

1 Bitcoin is expensive, but 1 Satoshi is not.

Why would you buy bitcoin now? It's simple. Because bitcoin allows you to move around with money. Every single week I read news about people trying to travel with money and either being robbed, or held at customs. One Ukrainian woman who recently brought money to Poland was fined 50k EUR because she had something like 250k EUR cash in her bag. That's why you need bitcoin because bitcoin is freedom.

[Tmoonz]

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.

If the plan is to hold for long period of time which should seem as an investment, it is never too late to invest i believe Bitcoin still has a long way to go, saying that Bitcoin is not expensive means that one can still buy Bitcoin with DCA strategy, it must not necessarily be that one must buy a whole Bitcoin but a fraction of Satoshi just as little as comfortable you can afford either weekly or monthly on different intervals irrespective of Bitcoin price point, hence every one has a chance with Bitcoin by investing when there money readily available for investment after ensuring that whatever that might be considered to be a basic needs are taken care of with a provisional emergency fund.

[Issa56]

Sometimes we often focus too much on the current Bitcoin price and forget to see the long-term potential of Bitcoin. In fact, the price of Bitcoin always increases from year to year, and the price that looks expensive today can look very cheap in the future so that many people do not enter early which later becomes a big regret.

I can remember when bitcoin was around $10k in 2020, lots of people complained that bitcoin price was so high already, and they won’t be investing. If those people knew bitcoin would get to this current price, they wouldn't complain then that bitcoin price was too high. Nobody knows the price at which bitcoin will go in the next 5 to 10 years, but with the way bitcoin is growing, I am sure people that think bitcoin price is so high currently and they don't want to invest will regret why they didn't invest in bitcoin now, because bitcoin price might hit the price that we never expected.

[LUCKMCFLY]

Theoretically, given bitcoin's limited supply, it could be considered a good store of value as well as a hedge against inflation. But given its volatility, I don't think bitcoin is as good a hedge against inflation as we would hope.

Well in terms of inflation that it is not a good reserve , well , in terms of the economy as it is going, I would consider it, the fact of being limited is enough for its deflationary nature to be unique, therefore I believe that it not only resembles what a reserve of value can be, but the perfect option because it does not depend on any type of support but on supply and demand, in addition to the institutions that are there with their Investors are not going to withdraw with little profit, they will withdraw with many profits, which seems very good to me, so I feel that when we talk about btc as such, at least I see it as a very good option to protect against possible falls in fiat money , Dollar and euro , Which are the ones that mostly dominate.

[JeffBrad12]

Sometimes we often focus too much on the current Bitcoin price and forget to see the long-term potential of Bitcoin. In fact, the price of Bitcoin always increases from year to year, and the price that looks expensive today can look very cheap in the future so that many people do not enter early which later becomes a big regret.

I can remember when bitcoin was around $10k in 2020, lots of people complained that bitcoin price was so high already, and they won’t be investing. If those people knew bitcoin would get to this current price, they wouldn't complain then that bitcoin price was too high. Nobody knows the price at which bitcoin will go in the next 5 to 10 years, but with the way bitcoin is growing, I am sure people that think bitcoin price is so high currently and they don't want to invest will regret why they didn't invest in bitcoin now, because bitcoin price might hit the price that we never expected.

it's the classic "we will buy when it dump" kind of thing where they actually don't even buy when the price of BTC dumped.
things will always be too expensive for people who can't grasp the value, so there's no point spiraling into the thoughts.
the capability of buying bitcoin in fractional amount makes it more accessible than any other investment instrument out there, if there's any limitation to the minimum investment can be used to buy bitcoin, it's definitely coming from the exchange or the platform that provide service not from bitcoin itself.

[uswa56]

If the plan is to hold for long period of time which should seem as an investment, it is never too late to invest i believe Bitcoin still has a long way to go, saying that Bitcoin is not expensive means that one can still buy Bitcoin with DCA strategy, it must not necessarily be that one must buy a whole Bitcoin but a fraction of Satoshi just as little as comfortable you can afford either weekly or monthly on different intervals irrespective of Bitcoin price point, hence every one has a chance with Bitcoin by investing when there money readily available for investment after ensuring that whatever that might be considered to be a basic needs are taken care of with a provisional emergency fund.

When you want to decide to invest in Bitcoin in the long term, of course this will be very useful in the future and as you said, it is never too late to start it and we all here have seen the development of Bitcoin until now continue to experience very good development and there have been many people who believe that the asset will be very well maintained in the long term.

With all the conveniences that can be easily understood by every beginner, of course, for some people who want to buy Bitcoin, they can buy it according to their ability and I agree with you that they must feel comfortable with the investment they are carrying out and it is important to be able to first meet their basic needs in order to be able to maintain the assets they have invested in in the long term.

[ajiz138]

Sometimes we often focus too much on the current Bitcoin price and forget to see the long-term potential of Bitcoin. In fact, the price of Bitcoin always increases from year to year, and the price that looks expensive today can look very cheap in the future so that many people do not enter early which later becomes a big regret.

I can remember when bitcoin was around $10k in 2020, lots of people complained that bitcoin price was so high already, and they won’t be investing. If those people knew bitcoin would get to this current price, they wouldn't complain then that bitcoin price was too high. Nobody knows the price at which bitcoin will go in the next 5 to 10 years, but with the way bitcoin is growing, I am sure people that think bitcoin price is so high currently and they don't want to invest will regret why they didn't invest in bitcoin now, because bitcoin price might hit the price that we never expected.

When the price drops drastically what is in their mind is that bitcoin will continue to fall - it will not recover again, especially in bearish times long enough they will feel bored of the market there is no change which ultimately does not invest, does not take advantage where prices are falling.

When prices rise, they have difficulty buying because they are too high, and this is too complex for them to still hesitate to invest in bitcoin, usually people like this are full of doubts without thinking about the future by looking at historical cycles.

What is there continues to complain, not continuing to start.

[@nn@_pen9]

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.

Wouldn't it be much better if we invested in all Bitcoin assets compared to other assets? What do you mean by the difficult feelings of many people?

It looks expensive today, but not for the future of this asset because we will never get the current price in the next 10 years or 15 years. If someone understands investment or the scarcity of an asset, of course they will not think long about buying it. Because something is rare in this world, of course its value will increase in the future. And some of the reasons why the price of bitcoin is expensive include limited supply, very high demand and competition in all parts of the world. If we already understand this asset, we should never delay having it, do it today, or regret it later.