Bitcoin is not expensive

[Tony Adams]

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 not expensive at all, when its price was very low, many people could not invest because they thought it was expensive. And when that Bitcoin increased several times after a few years, many people thought that Bitcoin was cheap but it has become valuable in the future. And since the market is very high at present, if we invest from here, we can get a lot of profit in the future. Whenever we do not buy Bitcoin because we think it is expensive, we will have to regret it after a few years, Bitcoin is in such a position that it will not be in this position in the future. In that case, if we keep investing, we will not have to regret it in the future, that is why we should not refrain from buying Bitcoin because we think it is expensive, but rather invest in Bitcoin for the future.

[ruykeri]

People only sees the truth after it's too late, it's always when the price is higher than they will look at the past price as cheaper opportunities, let's be honest it is hard to buy Bitcoin when it's dumping, not for me because I have passed the stage but for people who are still relatively new to crypto they will get nervous and fear will take over, I always struggle to do the same in the past but as I kept understanding Bitcoin even more it becomes easier, it's a good thing to know and understand what you are buying, that's all I can say.

I think people are actually getting stuck in a thinking loop here. Because the current price will seem much higher than the past price and the past time will act as a much better opportunity. But the current price will also seem lower in the future. So if now, if the price of bitcoin is not high and waits to buy it at the dip, then that person may remain a no coiner for a long time. Or if the price does not decrease as expected someday, he may not buy bitcoin. Therefore, if there is discretionary income, one should not waste time and start investing with long-term thinking. The biggest advantage of buying bitcoin regularly from the beginning for a new bitcoin investor is that he does not have to get every dip in the market correctly. If he has decided to accumulate bitcoin in the long term, then he will follow DCA regularly according to his ability. In this way, a person can create strong bitcoin holdings in the future.

[Renampun]

Whether it's expensive or cheap actually depends on the timing.. For someone in 2020, $29k might be considered expensive, but if you look at it in 2026, you might see it as cheap.. So it's really just about how you view it. Besides, nobody is forcing you to buy 1 whole Bitcoin right away.. you can buy smaller fractions that fit your budget and then hold them long-term. Investing in Bitcoin is really that simple, it's just that people sometimes make it so complicated.