Too expensive as an excuse forever

[Agbamoni]

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.

The charts are on the internet for everyone who have interest to see. Someone eager and willing to buy Bitcoin dont need anyone to show them the chart, I expect them to have surfed the internet, to understand Bitcoin and how solid it has been in the last couple of years. I feel these folks are not willing to buy Bitcoin. The more they keep emphasizing the price as a hindrance means they are not interested at all.

Rome was not built in a day. Many successful investors started buying bit by bit, hoping their finances would increase so that they could increase the percentage for accumulation. Fortunately, most of them now have a substantial amount of Bitcoin in their hands. It all begins with a step, and the first step is to believe in the investment.

[Rockson1]

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.

You know what, this has always the misconception some intending investors have in their mind that is hindering them from investing in Bitcoin, I think there should more awareness about this by Bitcoiners, some intending investors are not aware that they can actually invest with amount as low as $1, it is just about consistency until there source of income increases, although to some people it will always be expensive because that is the only language of excuse they understand, these set of persons are procrastinators, they do not get tired of deceiving themselves, even though the know that Bitcoin can be acumulated in fractions they still do not want to buy in because of their skeptical mindset towards it.

[Royal Cap]

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.

Many people say Bitcoin is too expensive just by looking at the price but they never consider that it can be bought in small amounts or accumulated over time. And this happens to those who don’t know much about Bitcoin. On the other hand those who always say I will buy it when it drops to the previous price, actually miss the entire cycle by waiting for the perfect moment. This is not only the case with crypto but also in many opportunities in life. We have seen this a lot in the case of gold. The friend you mentioned, he actually couldn’t go beyond his trust and comfort zone. Even if someone has cash lying around, if he is not mentally prepared to take the risk, he will not invest. He cannot be forced to do so and he should not be forced to do so. Because if he enters without conviction, he will panic sell even in small deposits.

[pawanjain]

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.

I completely understand what you are trying to say and I have felt the same thing.
Even I don't make much but just enough to survive and live a peaceful life.
Some of my friends though, make a hell lot of money but still hesitate to invest a huge load of money in bitcoin.
Although they invest in bitcoin but at loss then me and when I tell them to invest more they just keep delaying it.

[Y3shot]

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.

You are correct too expensive is not just about the price of Bitcoin but volatility is also what some people also consider as expensive when buying bitcoin.  The biggest challenge people normally have about bitcoin is volatility and the fear of waiting patiently to hodl to make good profit while investing in bitcoin.

But when with the volatility of Bitcoin and the price of Bitcoin it doesn't still make bitcoin to be expensive. Bitcoin is not expensive but the lack of understanding people have about bitcoin is what makes Bitcoin to seem to be expensive.

[Mate2237]

No need pressing hard on someone that doesn't want to invest in Bitcoin and is using price as an excuse, one thing you have to note is that, people who doesn't want to invest in Bitcoin can use any form of excuse not to invest. Personally speaking I don't pressure people to invest nowadays because I know that investment in Bitcoin should be done with conviction from the person that is investing. The person must see a reason to invest when you talk people into investing in Bitcoin they tend to get discouraged along the way.



Anything that will add value to you should not be considered as been expensive, especially something that has the ability to increase your finances, so keep accumulating and don't give much attention to people who are not interested in investing.

[Abiky]

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.

People from third-world countries usually work for Bitcoin. The vast majority of them can't invest into it because they're living below poverty levels. Either way, it's so much better to get paid in BTC than Fiat. Especially if your Fiat currency is "hyperinflated". People in countries with hyperinflation (Venezuela, Argentina) have greatly improved their financial situation with Bitcoin. As for the investment part, most people are just fixated on the price of 1 whole BTC. They don't even know it's possible to buy fractions of it. All as a result of poor education/ignorance.

If people consider Bitcoin expensive these days, wait until it goes even higher in price. A $1m Bitcoin would appear as insanely-high to the general public. Exchanges need to explain DCA to the masses, to help spread adoption worldwide. We'll see if things change in the long run.

[CryptoYar]

Your friend has gotten stuck at 2020 price, which means that he uses old price as starting point in his mind about what Bitcoin should be.
Since he saw it at 10,000 dollars, his brain decides that present price of 68,000 dollars is expensive, although Bitcoin hit 126,198 dollars in late 2025.
Your friend is in Waiting for the Drop trap, while market has already moved to government savings. I think you are being very mature to see missed gain that your friend is not seeing. He has money but does not have belief, and you are always building savings by making small, regular purchases.

[purple_sparkles]

Maybe in the next cycle you’ll be able to show your friend how Bitcoin grows, and then you can invest together. Everyone has their own path, perhaps he has other ways to increase his assets.The most important thing is not to deviate from the strategy you believe in. Accumulate bitcoin already now, I also think this is the most suitable time to make regular purchases using the DCA system.

[dunfida]

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.

They've been thinking on buying up a whole coin and thats why they would be having those impressions that it was indeed that expensive and not everyone would be able to afford a single coins excluding into those millionatire/billionaires or institutions who do have the capability on buying coins on point, but for us retailers or small time investors then we would be having that hard time on accumulating coins and getting a whole coin but come to think that we would be able to get a fraction with those coins on which this will definitely be that an ideal thing if you do go for long term and thats why its important that you should know the risks at the time that you would be doing up such investment. Its always been recommended that you shouldnt be expecting or anticipate about positive results or outcome, thats why you should invest into the amount that you can afford to lose. Never ever make yourself going some all in, and only make use of the amount that you can invest into and dont minding about it.

[Awaklara]

can't force anyone to invest in something they don't believe in.

Even if they regret not investing in Bitcoin in the past, when the price drops like it is now, it is still difficult to convince them to buy and invest in Bitcoin. The reason is no longer that it is too expensive, but the fear that the price will continue to fall until it becomes worthless. After all, those who are not confident and do not believe will find it hard to accept anything. Never force people to be sure or believe in Bitcoin. Let them realize it on their own.

[Dunamisx]

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.

Always being on a complaining side will not help at all, because the market is not always found at the exact rate we may wanted of it from, i also pity those that will always talk against the market and do nothing to invest for their self, instead they keep on discouraging others who are interested to invest by speaking against bitcoin all because they are not in support of it, we have to be more careful of the negative vibes around us, such could lead to doing what we may not intend as their reactions may push us into harsh conditions to make decision.

[The Cryptovator]

It's true a few people are stuck on a certain price, and they believe Bitcoin will dump at that price so they can accumulate. But unfortunately it very rarely does happen; since we can't determine the actual bottom of Bitcoin, we should consider each dump to do DCA. However, for those who don't want to believe in Bitcoin, then it's a waste of time to explain it to them. Trust me, I have been accumulating from the $90K zone and still have been accumulating Bitcoin, though the amount is very small.

At the beginning of Bitcoin investment, I had also thought Bitcoin would dump at the certain price that I expected. But a lot of times Bitcoin proves me wrong and gives me a lesson on accumulating Bitcoin. That's why when I have a chance and see the dump, I try to accumulate even a small amount, and I will continue that DCA strategy. I wish I could hold one Bitcoin at a time and sell at the ATH.

[HajiBagi]

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 in bitcoin is by choice, i will never advise or beg anyone to invest in bitcoin, anyone who is interested in investing in bitcoin will ask me how to invest in bitcoin, many people did not believe from the beginning and till now they still don’t believe it, no matter how you explain it to them they will never believe it, many people are capable of investing in bitcoin but they don’t have the mind to use their money to buy it just because they don’t believe in bitcoin.

Trust issue have become a big problem for many people and it has make many people to lose the opportunity they have to become rich in their life, many people will use the price of bitcoin as an excuse for not being able to buy it but deep down their heart they don’t want to invest in it, only those who understand bitcoin will always invest in it.

[Witch hunting]

Always being on a complaining side will not help at all, because the market is not always found at the exact rate we may wanted of it from, i also pity those that will always talk against the market and do nothing to invest for their self, instead they keep on discouraging others who are interested to invest by speaking against bitcoin all because they are not in support of it, we have to be more careful of the negative vibes around us, such could lead to doing what we may not intend as their reactions may push us into harsh conditions to make decision.

If they entered at a high price and then complained about the price correction, I think that's still normal. But now isn't the time to dwell on that. Focus on continuing to accumulate and let the market operate as usual. BTC also rises without warning, if we pay attention.

[Fivestar4everMVP]

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 simply it, don't ever try to force anyone into investing in what or something they do not believe in, and the reason is because any thing can happen and things will go wrong, you will be the person that person is going to put all the blame on if anything happens to go wrong in the process or in the future.

So whoever you gave the idea to invest in bitcoin and he or she gives an excuse as to why he or she can't or won't invest, don't try to force them or even feel bad about it their disagreement because you feel bad and they get to know or find out, they might begin suspecting you and thinking there is something bad to them you plan or planned to achieve through their investment in Bitcoin which they disagreed, so take note of this always and be cautious how you try to bring people into investing their money in bitcoin.

[YOSHIE]

it's not their fault anyways, can't force anyone to invest in something they don't believe in.

In my understanding, if we look at the price of Bitcoin, it is indeed high and expensive, but that is not the goal, investment provides a deep meaning, meaning the activity of investing capital, think a few years into the future and see what Bitcoin brings to those who invest in Bitcoin.

For me, investment is a strategic step to get added value for what we invest, whether long or short term, I am sure the current price of Bitcoin has fallen far from what investors expected. This is a good opportunity, if this opportunity is wasted it means hope will not come a second time.

[Gost ms]

First of all, it is never a good idea to force someone to invest. Because if you force someone to invest, then if after some time the value of Bitcoin decreases a lot and if his investment continues to decline, then he can blame you. You can tell everyone what Bitcoin is and how much everyone has benefited from long-term investment from Bitcoin and there is a possibility of future profit. But you should never force anyone to invest.

There are many who are interested in investing but they are too afraid of the market falling or are not able to build complete faith in Bitcoin. Those who are in such a dilemma always regret it. When the value of Bitcoin increases a lot, they think why did they not buy Bitcoin, and when the value of Bitcoin decreases, they think they did a very good thing by not buying Bitcoin. However, it is very important for a person to have the right knowledge about Bitcoin. When a person has the right knowledge, they will not have to hesitate about investing in Bitcoin.

[Muba20]

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.

If they are advised to follow the long-term charts of the market, then they will definitely be able to understand the real history very well. Considering where Bitcoin was a few years ago and now where it is, it will not be difficult to predict where it will go in the future. It is also true that there are some people who are afraid to invest or cannot believe in Bitcoin, no matter how much we teach them about Bitcoin, they will not believe it. I think it is a waste of time to teach such people about Bitcoin. Some people will not invest even after knowing it because they are too greedy. They want to buy Bitcoin at such a low price that it is not in line with reality.

We must admit that not everyone will invest even after learning about Bitcoin. So it is better not to try in their case, but those who have misunderstood Bitcoin or do not have the financial capacity, they must move forward with the possibility of the future. The current price of Bitcoin is certainly expensive and will be even more expensive in the future when its price increases. Those who believe in Bitcoin will buy it as soon as the opportunity arises, and those who do not have confidence in it will lose.

[Youngrebel]

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.

You know what, this has always the misconception some intending investors have in their mind that is hindering them from investing in Bitcoin, I think there should more awareness about this by Bitcoiners, some intending investors are not aware that they can actually invest with amount as low as $1, it is just about consistency until there source of income increases, although to some people it will always be expensive because that is the only language of excuse they understand, these set of persons are procrastinators, they do not get tired of deceiving themselves, even though the know that Bitcoin can be acumulated in fractions they still do not want to buy in because of their skeptical mindset towards it.

I totally agree with you on this one. The level of awareness on something matter allot and.will determine  the level of involvement on that thing.  It is one thing to have heard about something and it is another to be fully aware of what has been heard. I'll Take my self for instance,  I heard about Bitcoin on a lighter mood for years now and I have always taken it to be a scam sheme that people invest and will soon end. Not until last year when I fully got the proper understanding of how Bitcoin works and finally got involved in an investment plan.
 This is thesame.way allot of people have heard about Bitcoin but they are certainly not fully aware of what Bitcoin really entails. So more awareness will also do for more people to invest on bitcoin.