Bitcoin is not expensive

[SamReomo]

This is easy to see just by looking at bitcoin's year-over-year growth. Do we still see bitcoin giving 1000%, 100000% returns if someone invests in bitcoin these days? Did we see Bitcoin go 10x, 100x in the latest bull run? It is almost certain that those things are in the past and we will never have the chance to witness those wonders again. That alone shows that as bitcoin matures and its capitalization increases, its returns will diminish over time. But that's not necessarily a bad thing because the larger the capitalization, the more liquid and safer it is.

Yes, it's not possible to have those 1000% to 100000% returns again with Bitcoin and someone who understands the market knows that fact very well. I don't expect to see Bitcoin going 10x or even 2x easily even in this bull run because it won't be an easy thing to achieve. Now, Bitcoin isn't a low market cap asset it's already a pretty high market cap asset and that's why even thinking about getting 10x return faster with it within a few years is a sign of pure stupidity or day dreaming. And, when it grows more in market cap then it will surely become less volatile as compare to its current condition.

[lixer]

Some people study bitcoin for their own purposes other than investing, perhaps they are just interested in the innovation or other advantages that bitcoin offers. We know that not everyone invests in bitcoin, while some people buy bitcoin only to use it as a means of payment. The anonymity of bitcoin is desired by those who like privacy, even with low transaction fees you can send money to various countries just from your fingers.

This sounds like they are some kind of a scientist but there should be a suitable term for it since this is not science right? They can also be like a collector. Both types of people study the thing that they have an interest with. Maybe they do this for their own sake first but there are still other people that can gain a benefit with it. Not everyone invest in Bitcoin but some in altcoin, or outside of cryptos too. Bitcoin is not all despite some of us praise it too much.

If about using a Bitcoin other than an investment tool, I think only a few are like this now because a lot are tempted on the gains that Bitcoin is making if they only HODL their Bitcoins. So, I salute and respect those people who stay like that. Apart from a support, they also gain a benefit with it, so it is not like they are only being forced of doing that. Bitcoin is not that anonymous, though there are still a bitcoin mixer to solve this issue. There are still a better privacy-focused cryptos out there though that we can try if that is mostly the thing that we like. Not to mention that their fees are also much cheaper than in Bitcoin. Speaking of fees, fees must be the other reason apart from its price on why some can say that Bitcoin is expensive.

[Miles2006]

Expensive in terms of buying or bitcoin is just too expensive. If bitcoin is too expensive for anyone then they should accumulate gradually using the dca strategy, I’m sure anyone familiar with bitcoin will know the detail meaning about dca. Bitcoin has not gotten to a high spot yet people still complain about the price and volatility, at the moment anyone planning to buy should not focus on bitcoin price like the 1btc set as an example because it’s too much. Bitcoin started with a low price yet bitcoin still continue to grow and beyond, if op is referring to accumulating 1btc it’s not necessary an investor buy all at once but talking about bitcoin growth I’m 99% sure bitcoin is a great investment choice.

[bitterguy28]

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 is how stupid many people thinks about Bitcoin and cryptocurrencies .


today they will say its a scam and tomorrow after bull they will regret that saying and this is why many of those who knew bitcoin from early 20's blame themselves for not listening to Satoshi and to the bitcoin believer.

[Stable090]

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.

Most people are always losing confidence in bitcoin whenever the price is dropping. Instead of them taking advantage of the price that’s down, they will always keep on saying they want bitcoin to dump more before they will invest, and we all know that nobody knows how low or high bitcoin is going to go before the market changes direction, so when the market is down and they keep on waiting for more dumps, the market will change direction and will start moving up, and that’s when some will start investing, when the price is already high, and some will even say they're going to wait for the next dump before they'll invest, even if bitcoin dumps, they won’t still invest.

[Minor Miner]

Yes, it's not possible to have those 1000% to 100000% returns again with Bitcoin and someone who understands the market knows that fact very well. I don't expect to see Bitcoin going 10x or even 2x easily even in this bull run because it won't be an easy thing to achieve. Now, Bitcoin isn't a low market cap asset it's already a pretty high market cap asset and that's why even thinking about getting 10x return faster with it within a few years is a sign of pure stupidity or day dreaming. And, when it grows more in market cap then it will surely become less volatile as compare to its current condition.

It would be unrealistic to expect 100x returns on bitcoin investments these days, but expecting 2x or 5x returns is not impossible. It is true that bitcoin has become bigger and its price is not cheap anymore but if we compare its capitalization with other assets or financial markets. We will see that bitcoin is very small, not as big as we think and the growth potential is still huge.


Gold market capitalization is over 17 trillion, total financial market capitalization is over 100 trillion while bitcoin has a capitalization of over 1 trillion and the entire crypto market is under 2 trillion. So it is still too early to say that it is too late to invest in bitcoin or it is not possible to make big profits from it but it will probably take more time if we want to make big profits.

[SOKO-DEKE]

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.

Yes, there is a set of people who always have that mindset, but what I believe about these people is that they do not have proper knowledge about Bitcoin. If they did, they would never think that way, because Bitcoin will eventually recover, and it has proven that many times. That is why those who have proper knowledge about Bitcoin always use the opportunity to accumulate more of it. They hardly panic about the price, thinking it will never rise again.

Due to this mindset, whenever Bitcoin's price is dropping, some people think it will continue to fall. This have been keeping some from investing in Bitcoin over years now, and they will later regret it when the price recovers, and blaming themselves for not investing when the price was down. The truth is, when someone lacks knowledge about something, they will hardly believe in it. That is why some people always think Bitcoin will never be successful again after a drastic drop.

[ajiz138]

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.

Most people are always losing confidence in bitcoin whenever the price is dropping. Instead of them taking advantage of the price that’s down, they will always keep on saying they want bitcoin to dump more before they will invest, and we all know that nobody knows how low or high bitcoin is going to go before the market changes direction, so when the market is down and they keep on waiting for more dumps, the market will change direction and will start moving up, and that’s when some will start investing, when the price is already high, and some will even say they're going to wait for the next dump before they'll invest, even if bitcoin dumps, they won’t still invest.

Such people are still difficult to time when to buy and more likely do not have a strategy in terms of investment, the possibility that is in their mind is when it starts to go up it will be FOMO and down will start to get bored no confidence.

Sometimes they don't have any advice - sometimes they don't learn how down market conditions should be utilized properly, they usually just follow the market and follow the uptrend.

[LUCKMCFLY]

Due to this mindset, whenever Bitcoin's price is dropping, some people think it will continue to fall. This have been keeping some from investing in Bitcoin over years now, and they will later regret it when the price recovers, and blaming themselves for not investing when the price was down. The truth is, when someone lacks knowledge about something, they will hardly believe in it. That is why some people always think Bitcoin will never be successful again after a drastic drop.

Many times this harms the common investor, the investor who has little money, but if we go further we know that large investors expect weak hands to go out and sell their btc due to the news and due to the different fundamentals that occur, it is very easy to manipulate the masses, if you tell them that the price will go up and it goes up, they buy when they should hold and when you tell them to sell, they sell, while the smartest buy their btc and the whales get more btc, that is why I say that the bullish stage occurs when about 80% of the BTC is in the hands of the whales or institutions.

[BITCOIN4X]

~Snip

Such people are still difficult to time when to buy and more likely do not have a strategy in terms of investment, the possibility that is in their mind is when it starts to go up it will be FOMO and down will start to get bored no confidence.

Sometimes they don't have any advice - sometimes they don't learn how down market conditions should be utilized properly, they usually just follow the market and follow the uptrend.

Yes, almost everyone who invests in bitcoin has a different approach. There are those who like to follow trends and there are also those who buy based on a mature strategic approach. Buying bitcoin can basically be done at any price if the investment goal is for the long term. Waiting for a decline is certainly possible, but they can also use DCA instead of just waiting for a decline.

Buying when prices are rising is usually done by traders who are trying to make quick profits, but investors tend to buy on declines or accumulate with the DCA strategy. Of course it's up to them, the point is that Bitcoin can give you a return even if you buy at any price.

[LUCKMCFLY]

Buying when prices are rising is usually done by traders who are trying to make quick profits, but investors tend to buy on declines or accumulate with the DCA strategy. Of course it's up to them, the point is that Bitcoin can give you a return even if you buy at any price.

Yes, in fact, it is wonderful because even when BTC did not do the DCA method , it was Still at $20k, even at $30k, if it is done now it is very Advantageous, it has not yet reached $100k and when it gets there it will be even more Difficult , that is why when we are looking for another way of seeing things it is necessary to remember that this method gives us hope, if it goes up it does not matter, we will continue with the method, it is in market corrections When it should be taken Advantage of the most, it is a fact that when we think about that aspect it can Happen , for me this method gives the hope that people never Imagined having.

[kawetsriyanto]

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.

Of course, it is the basic principle in crypto investment. We must always invest with "the amount of money that we afford to lose". I've too many times reading this statement.  

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.

Yep, people panic because they don't understand crypto market and its volatility. Mostly, this happens on the new comers only. People who have spent a lot of time in crypto, they must feel calm because they know it is something normal in crypto. To dead with the situation, we must ensure that we have proper knowledge. So, we understand what we must do whenever the market experiences a dump or pump.

Well, I'm not an economic expert but I guess when Bitcoin's market cap grows to 100's of trillions in future then it's volatility will reduce. The more market cap might help to reduce the volatility of Bitcoin and their might not be similar level of dips when market grows by a huge level.

Well. Even if I doubt it, it is totally no problem at all if it is your theory.
However, if Bitcoin's volatility is getting smaller, investors may begin to leave Bitcoin. I'm sure most of people are interested in Bitcoin because it has big volatility. So, we have a potential to get higher profits. If the volatility is getting smaller, it means the chance to get huge profits to be reduced. This may trigger investors to find out new assets.

[Nothingtodo]

Investing in Bitcoin may not be expensive for those who have money but Bitcoin is very expensive for those who don't have money. But it is wise to invest even if the cost is high because if you want to invest in Bitcoin you have to buy a few digits and in this case you don't have to invest in a Bitcoin because whoever has the ability will invest in Bitcoin according to that ability.

[milewilda]

Investing in Bitcoin may not be expensive for those who have money but Bitcoin is very expensive for those who don't have money. But it is wise to invest even if the cost is high because if you want to invest in Bitcoin you have to buy a few digits and in this case you don't have to invest in a Bitcoin because whoever has the ability will invest in Bitcoin according to that ability.

If you are talking about buying a whole coin, then even if the price of a whole coin sits down on $1k then it wont really be that still affordable for most people. How much more into those prices on which we are sitting now @67 or 72k prices? If you would really be trying out to invest or buy a whole coin and if you do have that money or you could simply afford then you could purchase it out but if not then we do know that we can buy Bitcoin in fractions on which it isnt really needed for you to buy a whole coin. If you do really believe that Bitcoin could give out that opportunity to make profits in the future then you could buy in small parts.
It wouldnt really be that expensive since it will really be just that basing up into your financial capacity or budget into that particular point. The key on here is that you shouldnt really be that making yourself that get stressed on the moment that you do make out some invesment, plus invest on the amount on what you can afford to lose and never ever consider on going all in.

[boty]

Investing in Bitcoin may not be expensive for those who have money but Bitcoin is very expensive for those who don't have money. But it is wise to invest even if the cost is high because if you want to invest in Bitcoin you have to buy a few digits and in this case you don't have to invest in a Bitcoin because whoever has the ability will invest in Bitcoin according to that ability.

We think that in terms of investing in Bitcoin, it is necessary to have the right understanding to be able to run the investment well and make a profit, but in investing in Bitcoin, everyone can do it according to the funds they have and must also choose to survive for a long time to be able to make a profit because if they do not have funds that they are ready to hold for a long time, it is difficult for them to make a profit, so the most important thing in investing in Bitcoin is that they have funds that are ready to be maintained for a long time.

[Rabata]

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.

Most people are always losing confidence in bitcoin whenever the price is dropping. Instead of them taking advantage of the price that’s down, they will always keep on saying they want bitcoin to dump more before they will invest, and we all know that nobody knows how low or high bitcoin is going to go before the market changes direction, so when the market is down and they keep on waiting for more dumps, the market will change direction and will start moving up, and that’s when some will start investing, when the price is already high, and some will even say they're going to wait for the next dump before they'll invest, even if bitcoin dumps, they won’t still invest.

Bitcoin investment is risky which is why some investors panic even in normal market conditions. They become desperate to sell their bitcoins at the slightest price drop. But experienced investors are prepared to use this time properly. The market may fall slightly, but then it will correct again and thus Bitcoin will gradually move upwards. Lack of investor confidence can make them suffer even in good market conditions.

If we look at the price history of Bitcoin, we can see how Bitcoin has become more expensive than before in just a few years. The price of Bitcoin has increased several times in just a few years. If you look at the last 1 year chart of Bitcoin, you can see almost 99% price increase. In the next few days, when the bull run begins, the price of Bitcoin will increase further. This will make Bitcoin worth more than its current price in the future.

[asriloni]

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 is how stupid many people thinks about Bitcoin and cryptocurrencies .

today they will say its a scam and tomorrow after bull they will regret that saying and this is why many of those who knew bitcoin from early 20's blame themselves for not listening to Satoshi and to the bitcoin believer.

People are concerned about how much "ROI" they can get from investing in bitcoin compared to the alts. It's not about how cheap or expensive the price of bitcoin is.

Let's imagine when someone had 100 bucks to invest in bitcoin, and how long it needed for him to double his money: 1 year? 2 years? Don't forget that the bigger the market cap, the more difficult it is to increase. People thought bitcoin was too expensive, but this caused by they had limited money to spend, and If someone has $100k to invest, I think it is always worth it to invest in bitcoin.

[fuguebtc]

People are concerned about how much "ROI" they can get from investing in bitcoin compared to the alts. It's not about how cheap or expensive the price of bitcoin is.

Let's imagine when someone had 100 bucks to invest in bitcoin, and how long it needed for him to double his money: 1 year? 2 years? Don't forget that the bigger the market cap, the more difficult it is to increase. People thought bitcoin was too expensive, but this caused by they had limited money to spend, and If someone has $100k to invest, I think it is always worth it to invest in bitcoin.

You are right, people say bitcoin is expensive not because they don't have enough money to invest in it but they are comparing the "ROI" between bitcoin and altcoins. What they care about is the return they will make on their investment and it is clear that investing in bitcoin will not give better returns than altcoins. So most people will not want to invest in bitcoin and they give the excuse that it is too expensive.

When investing, people are usually concerned with the value of fiat and the rate of return they will receive based on fiat, not many investors care about the amount of bitcoin or the amount of altcoins they own .  So bitcoin price has never been their concern.

[Rockstarguy]

Investing in Bitcoin may not be expensive for those who have money but Bitcoin is very expensive for those who don't have money. But it is wise to invest even if the cost is high because if you want to invest in Bitcoin you have to buy a few digits and in this case you don't have to invest in a Bitcoin because whoever has the ability will invest in Bitcoin according to that ability.

Bitcoin may be only expensive if only you want to invest what you can afford or you do not have a source of income. Bitcoin is an investment which everyone needs to cut his/her coat according to what they earn.

Bitcoin can be expensive if you are only thinking of buying all Bitcoin, but you don't need to stress yourself to do that. Bitcoin is not expensive and it is not only people who are earning well can invest in bitcoin. The most important thing when it comes to bitcoin investment is to have a source of income,  with this you can be able to invest bitcoin with what you afford by using DCA method of investing. No amount is too small to invest in bitcoin with the DCA method so far as you are consistent with it. If you think bitcoin is so expensive you will end up investing in shitcoins which can land you into regret of waste of fund and time.

[skarais]

~~~

Bitcoin may be only expensive if only you want to invest what you can afford or you do not have a source of income. Bitcoin is an investment which everyone needs to cut his/her coat according to what they earn.

No, everyone doesn't have to invest in bitcoin just because everyone else is investing. Bitcoin is recognized as an asset that grows in value over time, but everyone has their own mindset and different risk tolerance. Not everyone is able to bear the risks of highly volatile bitcoin investments, most may tend to invest in assets that are safer in the long term. However, anyone who is able to afford the risks of investing in bitcoin, then they can invest in bitcoin and they will be the ones who will get the return.

Bitcoin can be expensive if you are only thinking of buying all Bitcoin, but you don't need to stress yourself to do that. Bitcoin is not expensive and it is not only people who are earning well can invest in bitcoin.

It's not wrong when someone thinks that bitcoin is expensive, of course its value is very expensive for most people. But fortunately, they don't need to buy 1 unit of bitcoin when they can only afford 1 millibitcoin (mBTC) or even satoshi (sat). They can buy fractions of bitcoin which are hereinafter known as mBTC, μBTC or sat. Of course, this is adjusted to each individual's budget, so you don't have to buy 1 bitcoin.