Too expensive as an excuse forever

[Tamedbeast]

So many people will live the rest of their life doing nothing about Bitcoin, not because they can't afford to invest but they so much believe that Bitcoin value is just too high.

In 2020 I begged someone who buy Bitcoin, even while it was very cheap at the time he said it's too expensive, he has the money but Bitcoin proved him wrong just a few months into 2021. I told him to start buying at 58,000 this year again and he still gave me the same excuse that it's too high, he expected same price as the 2020 again before he can buy. I just get to know that no matter what happens some people will never buy Bitcoin even when they can afford it.

I don't take this to heart but I do wish I am the one in his shoes, I don't make a lot to take advantage of bitcoin like I wanted, if not I would have make a lot, still, all I learnt is that many people won't take opportunities presented to them, it's not their fault anyways, can't force anyone to invest in something they don't believe in.

[Furball808]

Anyone who keeps saying bitcoin is too expensive just don’t want to buy it period. I know we’re all waiting for the perfect opportunity but if you keep letting opportunities pass you I will start to think you just don’t want it enough.

[Curious T]

Not everybody will have Bitcoin, and that's fine, but what do people mean when they say Bitcoin is too expensive to buy? They don't need to have money to buy 1btc before they can afford Bitcoin. They can buy with whatever amount they feel is not too expensive for them.
Anyone who feels Bitcoin is too expensive doesn't understand Bitcoin anyway.   

[pooya87]

At times like this you should first show them the historical charts and how price has moved all these years (~17 years of history) and then remind them that whenever someone wants to purchase gold, they don't buy a kilo of it! Instead they purchase a tiny amount, like an ounce or in form of jewelry that is a couple of grams of gold.
Similarly whenever they want to buy bitcoin, they don't have to buy a whole coin. They can purchase small increments as well.

But apart from that, some people will always say "it is too expensive". Nothing can be done about them. I remember they were saying it is too expensive when price was only $200 back when I first got into bitcoin over a decade ago.

[BlackHatCoiner]

It is always the same way. People are just short-sighted. They don't look, they don't see the patterns. They just see a price tag on something intangible.

Even people who bought it in 2020 have probably exited during the past year, because of doubt. Doubting that it will repeat again. I may admit there's some nihilism in the bitcoin space since institutional players entered, but it will just repeat like clockwork.

[Sim_card]

Your friend should know that as time passes on the value of fiat depreciates overtime due to inflation. The price of a Lambo in 2020 wouldn't be the same price this time so why would people want bitcoin price to dip back to a certain price four years ago. It's common sense, the good thing with bitcoin is that inflation cannot affect it because it's a store of value overtime and the money you put into bitcoin increases overtime too.

[Findingnemo]

Well, it can be a genuine excuse, if bitcoin felt expensive for someone at 30K then it surely will be at 70K or 110K and they know their risk tolerance so probably choose other things in their life to get returns. Price should not be the primary reason for someone to choose bitcoin, it should be the decentralization, they should really have the idea of why bitcoin to have it.

[SatoPrincess]

I stopped telling my friends to buy bitcoin years ago. I found that often times when you talk to your friends/family about purchasing, they get an inkling that it might be a pyramid scheme and you’re getting commissions on their purchase. So I figured it’s best to let them come to the conclusion by themselves and save myself the headache.

[Shishir99]

In 2020 I begged someone who buy Bitcoin, even while it was very cheap at the time he said it's too expensive, he has the money but Bitcoin proved him wrong just a few months into 2021. I told him to start buying at 58,000 this year again and he still gave me the same excuse that it's too high, he expected same price as the 2020 again before he can buy. I just get to know that no matter what happens some people will never buy Bitcoin even when they can afford it.

There are so many people who think this way. However, they silently regret it when the price of Bitcoin rises after a few weeks or months. They think that they had the opportunity to buy Bitcoin, but they didn't. I believe we all have this regret. I have known about Bitcoin for a long time now. But I never considered investing some money and holding it for the future. I used it for transaction purposes. I earned Bitcoin and spent it as well. But I never wanted to hold them, because I didn't know the potential.

Today, I cannot afford to buy a whole Bitcoin. However, I think I could have bought at least half a Bitcoin if I wanted and held it. As I said, I just didn't know the potential. Those people who think it is expensive is just don't know about it's potential.

[nakamura12]

Not everybody will have Bitcoin, and that's fine, but what do people mean when they say Bitcoin is too expensive to buy? They don't need to have money to buy 1btc before they can afford Bitcoin. They can buy with whatever amount they feel is not too expensive for them.
Anyone who feels Bitcoin is too expensive doesn't understand Bitcoin anyway.   

It is always like that where they always says that bitcoin is too expensive when buying Bitcoin doesn't need to be a whole 1 BTC just like when buying gold or other precious metals. It just proves that they didn't even bother making a research that BTC can be bought little by little until you have 1 BTC (if it's the target or more) just like buying gold. We can even see some people are keeping gold safe until it reached a certain weight until making it into jewelry so, in bitcoin can also be done the same where it doesn't have to be a whole 1 bitcoin when buying.

[batang_bitcoin]

We can't do anything about it since it's not us. And that's why we should only focus on our own accumulation of Bitcoin because we're the ones believing in it. It's hard to push people from buying it when they have the means and yet, they're waiting for a massive dump that's unlikely to happen anymore. They've got a low price in their heads but even if the price is being met at time, they're not going to buy. The repetitive thought of waiting for a lower price will never stop on them until they cannot see those cheap prices anymore as it recovers.

[yhiaali3]

It's become common for most people to say Bitcoin is expensive, then when it rises, they regret it and say, "I wish we had bought." Every cycle, people think this is the highest price and say Bitcoin is too expensive and won't go any higher, but Bitcoin surprises everyone.

This hesitation is what makes people fail. Those who believed in Bitcoin and invested early are the biggest winners, while the hesitant will remain hesitant forever. Every cycle, you'll hear the same thing and the same argument, and they won't buy.

[OgNasty]

People will say everything is too expensive because you don't make investments with credit and people nowadays are absolutely addicted to credit. 

I always had the opinion that if you were broke, that is all the more reason you need to invest for income.  Most people are scared of stocks and pile up credit until just getting by is the only option they have left.

Young people.  Stay as far away from credit as possible and invest as much as you can into solid stock market funds like VTI or SPY (a couple of the most popular) of if you are really feeling crazy and like to see income, you can go with something like JEPI.

Once you get yourself on some solid footing with investments, then I'd recommend piling all your free income into things like Bitcoin.

Just remember that investments should be lifelong things you use to make sure you'll be ok in retirement.  I wouldn't recommend buying stocks or Bitcoin if you were planning to access that money again within 4 years.

[Cryptomultiplier]

The essence of DCA strategy is for these lazy and sceptical persons to use the fraction of what the price of Bitcoin is at any time to acquire some sats for themselves for keeps.
It isn't rocket science and no one except large pocket investors should acquire large portions of Bitcoin irrespective of the price at any given time.

The best bet for some of these sceptical persons, should be to accept earnings or income in BTC and convert to their local fiat currency when the time is right, because so many exchanges and payment processors has been developed to assist the swift exchange and use of cryptocurrency mostly Bitcoin for transactions and payments and this is could be a way to DCA some Bitcoin without the thoughts of buying it at an expensive price.

[colinistheman]

Many people always brag that Bitcoin is expensive because they compare it to a previous low price.

Hey, the calculation is so simple for me, actually no one asked you to buy a whole Bitcoin. You could buy a slice or a small piece and over time the price of that piece will increase like a rocket.

The one who has money in his pocket but still makes excuses like it is expensive, you should understand that the problem is not the price at all. His real fear is to enter the field. And you can not force someone to believe in bitcoin.

[JoyMarsha]

What most people don't know is that they can buy Bitcoin in bits(satoshi), not entirely buying a whole of it that many can't afford because of the cost price, which is why many are advised to buy a little portion of Bitcoin based on the amount they can risk that seems to be the better choice and option that every Bitcoin investment would love to invest through DCA means.

I don't give a heads up when someone refuses to invest in Bitcoin after advising them to. Who they do they do, if not themselves, to miss life changing opportunities to be financial stable

[Jaycoinz]

It is always the same way. People are just short-sighted. They don't look, they don't see the patterns. They just see a price tag on something intangible.

Even people who bought it in 2020 have probably exited during the past year, because of doubt. Doubting that it will repeat again. I may admit there's some nihilism in the bitcoin space since institutional players entered, but it will just repeat like clockwork.

Doubt and impatient are the major reasons why even veterans in the space don't actually hold up their portfolio for long. Forgive me to say but the human mind can really act up something especially on cases where is little amount of doubt, that mustard seed just keeps growing and even gets worse in situations where Bitcoin will look as if it has shifted from its normal pattern but who has a bigger vision will simply just see through all of it and know that it's all the same circle.

[coupable]

Anyone who keeps saying bitcoin is too expensive just don’t want to buy it period. I know we’re all waiting for the perfect opportunity but if you keep letting opportunities pass you I will start to think you just don’t want it enough.

In simple words, he isn't even an investor or someone wiling to invest in precious assets. In the same logic he won't invest in gold neither in oil or stock markets. What I dislike the most about this type of people is that they keep blaming the market conditions and that he is always unlucky. Those are negative people. Avoid them always because theycan influence your decisions and push to lose opportunities.

[retreat]

In 2020 I begged someone who buy Bitcoin, even while it was very cheap at the time he said it's too expensive, he has the money but Bitcoin proved him wrong just a few months into 2021.
-snip-

Why are you begging someone to buy Bitcoin? You don't need to beg someone to buy Bitcoin because it's their decision whether to invest in it or not. So you don't need to beg someone to buy Bitcoin since there's no benefit to you. And for some people, when they are introduced to something they are not yet convinced about, they naturally become skeptical, so it's natural that they don't want to invest their money in Bitcoin.

If I were you, I might mention once that the price of Bitcoin is good, but if they don't respond positively, I wouldn't bring it up again because they are the ones who stand to benefit, not me, so I wouldn't waste my energy trying to convince them.

[newIndia]

No one deserves to be convinced about Bitcoin in 2026. If anyone is opting out, he will left behind. It is as simple as that.