Bitcoin is not expensive

[Tmoonz]

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.

Every investment has it's shares of risk in it hence Bitcoin is not an exception even though Bitcoin seems to be risky but it is not as risky as those who doesn't believe or value it's potentials talks about it, even though we might not rely on history but Bitcoin is really doing very well historically, people has been skeptical about it being risky which has made them to fail and refused to embraced the true potentials it holds over time while others are maximizing it's utility, this will keep going on, that's is to say investing in Bitcoin is by choice, if only we can invest with our disposal income after taken care of our basic needs there is no point for panicking if long term is the goal, investing in Bitcoin must be a personal decision and conviction to stay focus because you believe in it even to what ever it becomes of.

[Princess Leah]

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.

Every investment has it's shares of risk in it hence Bitcoin is not an exception even though Bitcoin seems to be risky but it is not as risky as those who doesn't believe or value it's potentials talks about it, even though we might not rely on history but Bitcoin is really doing very well historically, people has been skeptical about it being risky which has made them to fail and refused to embraced the true potentials it holds over time while others are maximizing it's utility, this will keep going on, that's is to say investing in Bitcoin is by choice, if only we can invest with our disposal income after taken care of our basic needs there is no point for panicking if long term is the goal, investing in Bitcoin must be a personal decision and conviction to stay focus because you believe in it even to what ever it becomes of.

Left for me, i'll say that Bitcoin investment is a risk worth taking. Yes! cause why wouldn't anyone value an investment that's got features that enables them to recover their  losses thereby countering the risks in Bitcoin. I believe that in Modern times, Bitcoin is one of the easiest form of investment and all it just requires is good understanding about it, patience and discipline, I think people underestimate Bitcoin cause they don't understand it, just like times ago when most of us disregarded it because we thought it was related with scam.

 For instance the recently elected President of the states was once a Bitcoin hater like some of us here; but when he began to understand the concept and importance of Bitcoin he embraced it like we all did, I know some people still doubt Trumps stand on Bitcoin maybe cause he's politician and they feel he used it as a campaign strategy but either ways I think he's got to understand the benefits of Bitcoin that's why he made his first purchase with it and even created his own coin, I believe that got a large quantity of Bitcoin he could be holding currently, though that statement is not very verified but I believe so.

[LUCKMCFLY]

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.

Yes, if you see it that way I understand you, but if you apply the DCA method it is another thing, so if so you can buy fractions of btc every day or every two days as you want , the important thing is that you accumulate constantly , it is the only way you can get bitcoin and that it can function as having 1 bitcoin but in the long or very long term. So there are options to get BTC, you just have to have the ability to gradually buy the fraction of btc that you want but with great regularity having as a goal to make 1 btc , so don't worry, you haven't missed the train.

[Publictalk792]

Every investment has it's shares of risk in it hence Bitcoin is not an exception even though Bitcoin seems to be risky but it is not as risky as those who doesn't believe or value it's potentials talks about it, even though we might not rely on history but Bitcoin is really doing very well historically, people has been skeptical about it being risky which has made them to fail and refused to embraced the true potentials it holds over time while others are maximizing it's utility, this will keep going on, that's is to say investing in Bitcoin is by choice, if only we can invest with our disposal income after taken care of our basic needs there is no point for panicking if long term is the goal, investing in Bitcoin must be a personal decision and conviction to stay focus because you believe in it even to what ever it becomes of.

Yes you are right investing in Bitcoin like any other investment comes with risks. But its potential benefits are mostly greater than risks. Bitcoin has done extremely well in past and still doing even though many of us were initially doubtful. If you want to invest wisely use money you can afford to spare after taking care of your important needs. This approach helps you avoid worrying and stay committed to your long term goals. Investing in Bitcoin is personal choice that should be based on your own beliefs and understanding of its potential. By staying informed and patient you can handle changes in market. Ultimately Bitcoin value comes from its usefulness and trust its supporters have in it.

[danadc]

Left for me, i'll say that Bitcoin investment is a risk worth taking. Yes! cause why wouldn't anyone value an investment that's got features that enables them to recover their  losses thereby countering the risks in Bitcoin. I believe that in Modern times, Bitcoin is one of the easiest form of investment and all it just requires is good understanding about it, patience and discipline, I think people underestimate Bitcoin cause they don't understand it, just like times ago when most of us disregarded it because we thought it was related with scam.

 For instance the recently elected President of the states was once a Bitcoin hater like some of us here; but when he began to understand the concept and importance of Bitcoin he embraced it like we all did, I know some people still doubt Trumps stand on Bitcoin maybe cause he's politician and they feel he used it as a campaign strategy but either ways I think he's got to understand the benefits of Bitcoin that's why he made his first purchase with it and even created his own coin, I believe that got a large quantity of Bitcoin he could be holding currently, though that statement is not very verified but I believe so.

No, it is not a risk, investing in BTC will never be that, on the contrary, BTC is the way out for all those who want to take risks in investments that often turn into scams, such as altcoins, projects with tokens and many other things such as scams and Ponzi schemes, those are risks, but when it comes to investing in BTC, it is savings and development for our future.

Yes, he once hated it, but fortunately he realized that BTC is the way out of the system that the US economy currently has and since things are so bad, they know that the only option to get out of it is with BTC, that is why he now reflected and supports BTC, because he is an intelligent person.

[Princess Leah]

Left for me, i'll say that Bitcoin investment is a risk worth taking. Yes! cause why wouldn't anyone value an investment that's got features that enables them to recover their  losses thereby countering the risks in Bitcoin. I believe that in Modern times, Bitcoin is one of the easiest form of investment and all it just requires is good understanding about it, patience and discipline, I think people underestimate Bitcoin cause they don't understand it, just like times ago when most of us disregarded it because we thought it was related with scam.

 For instance the recently elected President of the states was once a Bitcoin hater like some of us here; but when he began to understand the concept and importance of Bitcoin he embraced it like we all did, I know some people still doubt Trumps stand on Bitcoin maybe cause he's politician and they feel he used it as a campaign strategy but either ways I think he's got to understand the benefits of Bitcoin that's why he made his first purchase with it and even created his own coin, I believe that got a large quantity of Bitcoin he could be holding currently, though that statement is not very verified but I believe so.

No, it is not a risk, investing in BTC will never be that, on the contrary, BTC is the way out for all those who want to take risks in investments that often turn into scams, such as altcoins, projects with tokens and many other things such as scams and Ponzi schemes, those are risks, but when it comes to investing in BTC, it is savings and development for our future.

Yes, he once hated it, but fortunately he realized that BTC is the way out of the system that the US economy currently has and since things are so bad, they know that the only option to get out of it is with BTC, that is why he now reflected and supports BTC, because he is an intelligent person.

Thanks for your opinion but i put it to you that their's no investment that doesn't involves risk but Bitcoin is less riskier due to it's volatile nature compared to other Cryptocurrencies and got long-term characteristics including other characteristics that help investors recover their losses, the thing is that lose is inevitable when it comes to Bitcoin, why? cause it's volatile but then those features helps investors recover overtime for instance the DCA, that's why I stated that it's a risk worth taking.

 Change is constant, someone who hates you might probably begin to like you when they know your worth, I think that's what happened to him and I believe their are people like gensler would who retrace their steps on the long-run, sometimes he might even be a secret Bitcoin lover but forced to hate it cause he's given order to.

[Xcode7]

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.

Yes, if you see it that way I understand you, but if you apply the DCA method it is another thing, so if so you can buy fractions of btc every day or every two days as you want , the important thing is that you accumulate constantly , it is the only way you can get bitcoin and that it can function as having 1 bitcoin but in the long or very long term. So there are options to get BTC, you just have to have the ability to gradually buy the fraction of btc that you want but with great regularity having as a goal to make 1 btc , so don't worry, you haven't missed the train.

There are many ways to do it if we really want Bitcoin, we don't always look at the price and I agree as you said if we can use the DCA method to collect Bitcoin slowly with the money we have, it will be more effective.
However, if someone sees the current price of Bitcoin, of course it is expensive and not many people can afford it, it's all a matter of mindset and anything we can get if we really want it.

[CageMabok]

There are many ways to do it if we really want Bitcoin, we don't always look at the price and I agree as you said if we can use the DCA method to collect Bitcoin slowly with the money we have, it will be more effective.
However, if someone sees the current price of Bitcoin, of course it is expensive and not many people can afford it, it's all a matter of mindset and anything we can get if we really want it.

When the price is considered too expensive by every Bitcoin buyer at this time, of course they will all also find their own way to get Bitcoin and one of them is the way you said because it is always based on the level of ability that each person has when they want to buy it. But for those whose income is not too much and can only be enough for their daily lives, maybe another option they can take is to seek profit through airdrop programs or altcoins so that the profit can also be used to buy Bitcoin even though something like that may not always be there to be obtained.

[danadc]

 Change is constant, someone who hates you might probably begin to like you when they know your worth, I think that's what happened to him and I believe their are people like gensler would who retrace their steps on the long-run, sometimes he might even be a secret Bitcoin lover but forced to hate it cause he's given order to.

I really like the comparison you make because that is exactly how most human beings work, they only realize what they really are when they shine and that is something that greatly influences when making decisions and especially when accepting.

BTC is volatile, that is what characterizes it the most and for that reason not everyone likes bitcoin because they know it is not controlled, what is controlled are the other markets, but we do not know in whose hands it is, if in this market there is enough money you can buy 1,2,3 BTCand with that you will have your life and that of your family insured, and that does not happen in the other markets.

[Samlucky O]

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.

Definitely that is how it has been for a longer time now. That is why it is good to take advantage of any golden opportunity when it's necessary because it becomes too late or may never come back. The problem is that during the initial stage it is not often taken seriously until there is a  need to, expecially when it has proven alot of people narratives wrong. Lack of trust or believe In the future of bitcoin is the reason why most people delay in investment and regret later off.  Actually I will agree with you that the current price of bitcoin is now always expensive untill it creat new ATH and a new price is reached from the previous.

[Princess Leah]

 Change is constant, someone who hates you might probably begin to like you when they know your worth, I think that's what happened to him and I believe their are people like gensler would who retrace their steps on the long-run, sometimes he might even be a secret Bitcoin lover but forced to hate it cause he's given order to.

I really like the comparison you make because that is exactly how most human beings work, they only realize what they really are when they shine and that is something that greatly influences when making decisions and especially when accepting.

BTC is volatile, that is what characterizes it the most and for that reason not everyone likes bitcoin because they know it is not controlled, what is controlled are the other markets, but we do not know in whose hands it is, if in this market there is enough money you can buy 1,2,3 BTCand with that you will have your life and that of your family insured, and that does not happen in the other markets.

Yeah dude, I just the human nature to be open to change when they discover that what they're running from would actually lead to success, there's no sane person that would see the road to success and deviate from it, Bitcoin is the road to success, it's the future just that it requires lots of patience and discipline to be successful in it.

 When you mean " not everyone " I believe you're referring to the government, well they should keep hating for all I care but with time most governments would be forced to embrace it like some have started already, I just love that Satoshi decentralised else it would've been shit and the government would've messed with it just like they're messing with the fiat currency.

[LUCKMCFLY]

There are many ways to do it if we really want Bitcoin, we don't always look at the price and I agree as you said if we can use the DCA method to collect Bitcoin slowly with the money we have, it will be more effective.
However, if someone sees the current price of Bitcoin, of course it is expensive and not many people can afford it, it's all a matter of mindset and anything we can get if we really want it.

I understand, the price is expensive right now, but in a few years this price will be seen as a bargain, so considering that premise it is a matter of saying that if there is good money you should take advantage and buy everything you can in Bitcoin while you can, because right now it is almost close to $100k, but when it is close to $800k? how would that happen? in fact that will happen, but for now things look like that, it is not because I am very positive, it is that I know that that will happen, that is why the DCA method is infallible.

[danadc]

 Change is constant, someone who hates you might probably begin to like you when they know your worth, I think that's what happened to him and I believe their are people like gensler would who retrace their steps on the long-run, sometimes he might even be a secret Bitcoin lover but forced to hate it cause he's given order to.

I really like the comparison you make because that is exactly how most human beings work, they only realize what they really are when they shine and that is something that greatly influences when making decisions and especially when accepting.

BTC is volatile, that is what characterizes it the most and for that reason not everyone likes bitcoin because they know it is not controlled, what is controlled are the other markets, but we do not know in whose hands it is, if in this market there is enough money you can buy 1,2,3 BTCand with that you will have your life and that of your family insured, and that does not happen in the other markets.

Yeah dude, I just the human nature to be open to change when they discover that what they're running from would actually lead to success, there's no sane person that would see the road to success and deviate from it, Bitcoin is the road to success, it's the future just that it requires lots of patience and discipline to be successful in it.

 When you mean " not everyone " I believe you're referring to the government, well they should keep hating for all I care but with time most governments would be forced to embrace it like some have started already, I just love that Satoshi decentralised else it would've been shit and the government would've messed with it just like they're messing with the fiat currency.

Yes, I was referring to the government, now we have to wait for the change to occur, because with the new president of the USA many things can change, I'm sure they can make improvements, in the US they don't have Binance, it's prohibited, they could start there, right? The previous government forces them to operate with the same fiduciary tools as banks and other alternatives that become businesses and dirty traps to launder money, with bitcoin not everyone knows and many want it, only those who don't know and want it have the money to buy and those who know and how each thing is done with BTC cannot buy, that's somewhat unfair.

[Samlucky O]

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.

We will only realised that bitcoin price was not actually expensive due it the high volatility. No doubt what you said is true. For example Late last year's to early part of Q1 2024 bitcoin was very dip which 1bitcoin was supposedly within $15k to $20k and now bitcoin is heading to $100k. So this makes it nealy%200 so we will still expect more hight as time goes on. Certainly bitcoin will hit $1m and we will complain about it being cheap at $500k.

[Bd officer]

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.

We will only realised that bitcoin price was not actually expensive due it the high volatility. No doubt what you said is true. For example Late last year's to early part of Q1 2024 bitcoin was very dip which 1bitcoin was supposedly within $15k to $20k and now bitcoin is heading to $100k. So this makes it nealy%200 so we will still expect more hight as time goes on. Certainly bitcoin will hit $1m and we will complain about it being cheap at $500k.

There are some people who only focus on the past price and current price of Bitcoin. They don't think how much the price of Bitcoin can go up in the future. Yes, at the end of 2022 when the price of Bitcoin was around $15k many thought that Bitcoin was expensive. Now that Bitcoin is worth $95k they will now think $95k is expensive and think $15k was too cheap. Bitcoin is still considered expensive by many because they don't know that in the future Bitcoin will be worth $1M dollars. Yes you are right, I also believe 1 bitcoin will be $1M in future and many will think $100K-200-300-400k was cheap now $1M is very expensive. So Bitcoin is never expensive, Bitcoin price will increase more in future.

[STT]

There are better ways to evaluate value then price often, I would suggest volume of use, the transaction fee flow or estimated active user base for various factors to divide into the price.    If active users ever dropped, certainly BTC would be getting more expensive and part of why its high currently is bullish sentiment generally in tech regarding AI and also generally across the economy.

All the positive sentiment can change but I would hope various factors in favor of BTC advance regardless of price across each year even in a bearish phase being apparent it would be ideal if BTC progressed anyway.   Establishing that dynamic would increase accuracy in estimating how expensive BTC is or not.

[asrinur]

I agree with you that BTC is attractive because of its decentralized nature, protecting it from government surveillance and inflation. Moreover, history has shown that its price increase has great potential, supported by the ever-evolving blockchain technology. Therefore, BTC clearly has long-term value as the most profitable investment.

Bitcoin's decentralized nature is of course its most exciting feature that most of us love and that's the reason why most of us use Bitcoin, but these days people most likely consider Bitcoin as an asset that has potential of growth and that can be a good store of value as well as a tool to fight inflation. It's limited in supply and that makes it deflationary.

It's true that some people still use Bitcoin because of its decentralized nature but the investors don't really look for that feature but for its deflationary features. They want to increase their investment value overtime and that's why they buy Bitcoin and HODL it for long term so they can earn great ROI.

Decentralization is indeed Bitcoin's main value but over time, many investors have focused more on its deflationary nature as a store of value. This shows how the perception of Bitcoin has evolved from being a mere transaction tool to a long-term investment asset. However, it is also important to consider its fundamental aspects as a digital currency that is free from the control of a central party.

[john_egbert]

There are better ways to evaluate value then price often, I would suggest volume of use, the transaction fee flow or estimated active user base for various factors to divide into the price.    If active users ever dropped, certainly BTC would be getting more expensive and part of why its high currently is bullish sentiment generally in tech regarding AI and also generally across the economy.

All the positive sentiment can change but I would hope various factors in favor of BTC advance regardless of price across each year even in a bearish phase being apparent it would be ideal if BTC progressed anyway.   Establishing that dynamic would increase accuracy in estimating how expensive BTC is or not.

I would say that there are bullish dominos and bearish ones.
They fall when one cycle changes the other, and they do so one after another. Only the chain of events can change the sentiment truly in the opposite directions, thats how I think about it..

[SamReomo]

Decentralization is indeed Bitcoin's main value but over time, many investors have focused more on its deflationary nature as a store of value. This shows how the perception of Bitcoin has evolved from being a mere transaction tool to a long-term investment asset. However, it is also important to consider its fundamental aspects as a digital currency that is free from the control of a central party.

Well, we all love Bitcoin because of it's decentralized nature but it's a truth that day by day it's getting more centralized and that's something Satoshi feared as well, but that's how thing work in this world. If we do some calculation then we understand that most of the Bitcoin is now in the hands of the people who believe in centralized systems rather than in hands of those who believe in decentralization.

I know Satoshi owns a good chunk of Bitcoin but he/she/ isn't with us and has given Bitcoin to the community. And, that's also true that now people consider Bitcoin more as a store of value and they really doesn't care much about its decentralization feature. Something like that helped Bitcoin to grow so huge in value, and most of the community that's outside this forum wants Bitcoin to be as centralized as possible.

[Barikui1]

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.

One thing most investors don't know is that Bitcoin is an asset that appreciate in value overtime, so as such, it's keeps on rising as time passes by, and by looking at the historical data of Bitcoin, you will get to understand that it still has the potential of going up to a million dollar or more in the future.
I was telling someone of recent that we are still in the early days of Bitcoin, and due to the fact that it hasn't been adopted globally by all, when investors and more countries start investing in it, it can go as high as a million dollar or more in like 10 to 20 years time from now, so the best thing to do is to buy it now that it's still very cheap, because this opportunity that we have today might never come again, so utilizing this opportunity and buying it now is the best decision we can ever make as an individual.

And we shouldn't forget that our stash of Bitcoin will determine how profitable we can be in the future, so the best thing to do is to accumulate as much as possible, because if your stash is huge, you will definitely reap bountifully.