Too expensive as an excuse forever

[xbetz.io]

I don’t think “too expensive” is always about price. Sometimes it’s: volatility risk, opportunity cost, liquidity needs or simply conviction level. Bitcoin has historically rewarded patience, yes. But people allocate based on their personal time horizon and risk tolerance. Price is just the surface layer. Belief and positioning matter more.

[MarjorieZimmermanGinger]

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.

If someone doesn't believe in the investment they are making then it is not a good decision because this may not give them strong confidence, especially when bitcoin conditions are experiencing a sharp decline like now. The most important part is not how much we can afford to buy because the most important thing is how consistently we invest based on strong beliefs so that the people involved understand the investment process well. Not everyone has large capital to invest, but people who understand investing in Bitcoin will try to do their best to achieve financial freedom as planned and the method can be implemented according to several strategies so that the investment will grow over time..

[Pandorak]

No matter how promising the assets offered for purchase or investment may be, people like your friends will always be there. If they are not interested, they will simply pass it by. However, as Bitcoin becomes more widely known and more people discuss it, that is when regret begins to set in.

One of the remarkable things about Bitcoin is that it's never too late to start investing (buying). The price drops we see today are normal in every cycle. In fact, no matter how far the price drops, Bitcoin will continue to reach new highs.

[Franctoshi]

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.

You don't force anyone to invest into Bitcoin, rather tell them whatever information that they seek about Bitcoin and allow them do their will, whether they invest or not Bitcoin will have others willing to Buy it, and you have nothing to lose. Some people use that Bitcoin is too expensive as excuse to not invest in Bitcoin whereas Bitcoin is divisible into fractions and you can buy any amount you can afford to buy. Like I normally say, Bitcoin is meant for everyone but not everyone will own Bitcoin.

[Cookdata]

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.

But $58k is just $10k apart from $68k, don't you think you should give him a try again perhaps he will give it a thought and buy Bitcoin again. Don't mind me, I'm just joking.

You new to know one thing, people will do what's in their mind regardless of your opinion, your beliefs and values. They will give excuses to doge what you brings to the table. Just do you and don't over think it, even as it is, half of the world is not investing into Bitcoin yet and some of them might feel superior those that are having all their investment on Bitcoin, it's norm which must be accepted.

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.

Do you know that there are people that has history of Gold investment in their household that if you bring any investment suggestions outside Gold, they will throw it out quickly because they don't value any other investment. It's what they believe in and you cants change what they want. It's the same thing to feel when someone want you to buy another coin aside from Bitcoin. Some might not even have any investment, they will ask you for suggestions but on the first sound of Bit.., they lose interest.

[X-ray]

I don’t think “too expensive” is always about price. Sometimes it’s: volatility risk, opportunity cost, liquidity needs or simply conviction level. Bitcoin has historically rewarded patience, yes. But people allocate based on their personal time horizon and risk tolerance. Price is just the surface layer. Belief and positioning matter more.

I got the same idea, the "too expensive" word translates to either they don't really know about it or simply they are too afraid to invest in it and it doesn't suit their risk tolerance plus superstition. Too expensive is just another word for procrastinating.

There is no such thing as overpriced bitcoin if the bitcoin chart has been on the rise since the emergence of bitcoin with multiple cyclical rise and fall of the price but at the end the price still rising in parabolic within long period of holding but that won't calculate in some people's risk calculation

[Hamza2424]

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.

He is showing typical newbie behavior or using it as an excuse and he don't want to invest in btc at all. He just don't want to say no to you but if he have the slightest interest in buying bitcoin. He would ask for ways to accumulate even in this price. Have you introduced DCA to him. Because knowledge sometime is enough for someone to invest in btc. Teach him what is the four year cycle, and how to actually accumulate bitcoin using dollar cost averaging.

If he still says, he wants to wait then leave him be and don't waste your energy and focus on accumulating by yourself and if you are already doing it then I have a advice that never tell him about your investment I am not saying you to lie but just never mention that you have made investment and also made profit.

[maydna]

People doubt to the new thing even though they already know the real. Besides that, they lack of information so they difficult to decide. It is normal so we can suggest them to research and if it is necessary, we can accompany them and show them the real case.

Too expensive is just an excuse even if they have money to starts Bitcoin investment. They don't believe what Bitcoin can gives to them and they don't research. I even suggest my nephew to buy Bitcoin when the price is very very low before reached the first jump high but he didn't do that.

That is their decision so we can't force them following our suggestion. We should focus to our plan and accumulating more Bitcoin.

[Darker45]

That's the classic excuse. There's no point trying to convince somebody who has been using that excuse over and over again.

Perhaps the only way you can possibly change his mind is to make him understand the technology. If he gets truly interested, he might go beyond the temporary movements of the price. But if the conversation only revolves around the price, buying cheap and selling high, or simple speculations, I'm afraid nobody's buying nothing.

[FinneysTrueVision]

It’s even harder to convince people to buy Bitcoin if we are in a bear market. It is usually those periods of euphoria, when Bitcoin is near all time highs and has been pumping for months, that a lot of average people decide to enter. We saw the same thing with gold and silver recently. Then, if Bitcoin’s price goes down by a lot, they will say it is a scam and sell at a loss.

If a person doesn’t really understand Bitcoin or financial investments, there isn’t a point in trying to change their point of view. They should stay with whatever they are comfortable with even if it means having lower returns.

[BitGoba]

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.

This is not about believing or not believing it is about a lack of understanding. People mistakenly think the dollar is stable, but the dollar is not truly stable. It is designed to lose value over time.
Central banks target around 2% annual inflation as an official goal. However, the growth of the money supply is often much higher around 8% per year  Some other fiat currencies are much worse, such as the Nigerian naira or the Turkish lira. They experience much higher inflation rates

 When we say that the inflation rate is 8% for the dollar, it means that prices of goods and services rise by about 8% on average over one year. In other words, the purchasing power of money decreases.For example, if you earned $10,000 trading on a crypto exchange and plan to save it for the future, you still have the nominal $10,000.However, in the following years, you may not notice that prices of everything have increased.

If  dollar inflation is 8% per year, money loses a significant part of its purchasing power over time. For example, if you have $10,000 today and just keep it , after 10 years it will only have the same purchasing power as about $4,630 today.This shows the difference between nominal value (the number on your account) and real value (what you can actually buy). Even though your account still shows $10,000, in reality, due to inflation, it can buy less than half of what it can today.

This is why many people look for alternatives, like Bitcoin, which are not directly affected by fiat currency inflation.

[JoyceBTC]

The truth is that your friend is not interested in Bitcoin at all, he might just be giving you this excuses maybe because you’ve been persuading him a lot and he will just come up with an excuse. Remember don’t beg anyone to join Bitcoin, it is a matter of choice. If you are trying to teach them and giving them the basic knowledge they need to know about Bitcoin and at the end they are still not convinced, the right thing to do is to let them be. If your friend was truly interested in getting bitcoin since 2020 he would, because he would have understood the fact that he can get bitcoin with any amount he has, not every one must start big.

[Graph001]

Bitcoin is never over-expensive, but it is open to everyone. Everyone can invest here according to their ability because there is no obligation for them to be rich or have a high income. If you have discretionary income after meeting all your daily needs, then you can continue investing in Bitcoin comfortably.

Now, you may have personal reasons for not investing. Some people's income may be flexible or unstable, some people's financial management may be poor, and some people may have low risk tolerance. Another thing is that investment is not for everyone. Investment definitely comes with some risks. If you cannot face it, then you should refrain from investing in any type of investment, not just Bitcoin. Because investment will test your patience. If you can stick to a long-term plan, then you will be successful. You need to know how to control your money.

[Ishicryptic]

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.

There is nothing you can do about anybody who is still skeptical about Bitcoin today despite it's accomplishments as a store of value and a hedge against inflation, it's their loss if they are still having any doubts. There is also nothing that you can do about anybody who has interest in Bitcoin but thinking that it's price is too high and is waiting for it to crash to maybe $1000, they might wait a lifetime and it won't happen.

Who matters is you, since you are convinced that bill run will happen what are you doing about it now? So far you have money to buy you shouldn't hesitate, you don't need to save up to buy 1 Bitcoin you can be buying in fractions which is in sats. Bitcoin is one of the best investments that you can think about it has proven to be profitable and there is no paperwork before you start, just download a Bitcoin wallet and start buying.

[Abiky]

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.

That's because many people don't know they can buy fractions of a Bitcoin to save money. In their minds, they need to acquire 1 whole BTC to be able to participate in the craze. It's more about ignorance/lack of education than anything else. Those who know about DCA are the small minority. I wouldn't expect things to change in the time being.

With "Wall Street" getting involved in Bitcoin, ordinary people will start thinking BTC is only for the wealthy. Names like Michael Saylor, Donald Trump, and Elon Musk says it all. An average person will just refrain from buying BTC, especially if prices keep going up. Imagine a $1m BTC. People will just say it's insanely-high. Even though it's possible to invest in it with as little as $1 USD. I think that's why altcoins have brought the attention of the public. They're cheaper and faster to use. At least we know, Bitcoin will survive thanks to the way it was designed.

[Faisal2202]

I don’t think “too expensive” is always about price. Sometimes it’s: volatility risk, opportunity cost, liquidity needs or simply conviction level. Bitcoin has historically rewarded patience, yes. But people allocate based on their personal time horizon and risk tolerance. Price is just the surface layer. Belief and positioning matter more.

I can't agree more, because if someone has zero belief and idea of what bitcoin is, they might buy bitcoin but holding will become a major problem, they won't have patience, and they won't even tolerate the loss if it dips. Seeing money going down is hurtful and some people over reacts. Therefore, I would stay away from people who overreact and can't tolerate the unrealized loss, even.

Bitcoin is not expensive in the current price zone, but it is like shopping, men have always been weak in shopping, they always have waited for the last second and at the end, they always buy at the wrong time. I don't know about all, but the majority do it, haha. I also sometimes wait and wait and end up buying high, I am not talking about btc. 

[Youngrebel]

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.

It is important to note that not everyone has thesame thinking patterns neither thesame plans for life. You have discovered and identified bitcoin to be what you really want to invest in and you see.it as a lucrative one. Some others can see gold others see oil, others just depend on importation and exportation, some invest on already existing businesses and buy shares. So defined not all that will invest in Bitcoin. 
But its a.good thing that you have told him and he is aware . Let him keep procrastinating and pushing the invest time forward.  Its definitely on him.

[goldkingcoiner]

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.

Investing is not just for the rich. A lot of people do not get this. Even investing a single dollar to have two the next month is a huge personal accomplishment.

I really do not understand this mindset of being too poor to afford to invest. Even people from third world countries with no jobs have been investing in Bitcoin and other cryptocurrency. In fact, there are many statements on this forum how they had their lives saved by Bitcoin.

Not taking the opportunity, out of fear of losing what little they have, is the real issue.

[Ever-young]

What most people fail to understand is that the same opportunity that investors had when Bitcoin was merely just a few dollars is the same opportunity that investors have now that bitcoin is this expensive. The bitcoin is too expensive is just an old flimsy excuse that people use not to start their investment in Bitcoin. There are a thousand and one reasons why anyone would not wanna invest in bitcoin, but what makes you an investor is overlooking those excuses and start immediately.

[demonica]

Probably this isn't just about the price of Bitcoin being high. He could just be using it as an excuse whenever you tell him to invest in Bitcoin because he just doesn't want to... It's really hard to force someone on something they're not interested in learning. So rather than wasting your time trying to convince them, just focus on yourself I guess.

We know that Bitcoin can be too high for some people, but if you believe in it, you know that there's still more potential aside from its current price. And you can just invest how much money you are willing to invest.