Topic: Bitcoin is Too Expensive For Me. - page 3. (Read 933 times)

This is the mistake most of the newbie make as just by looking at the price of Bitcoin or even any other coin if it's high they think that the price will not increase any further and they consider shit coins valued few cents or under $1 with the foolish mindset that it will reach the same value as Bitcoin and they would get huge returns. Education about how the value of crypto cannot reach beyond a limit should be understood and people should have idea about market cap and all.

$2k is a good amount of investment if utilized properly.

Do you think that to invest in Bitcoin you need to directly purchase 1 Bitcoin or its multiples? Bitcoin isn't an investment tool that requires you to buy it all, like a stock or real estate investment. Depending on your budget, you can buy 0.001, 1 or 10 Bitcoins and I would like to remind you that these amounts are just an example and you can also buy Bitcoins in amounts such as 0.1234567.

Also, I would like to give an example based on your statement that Bitcoin is expensive for you. For example, let's say you invest in gold with a budget of 2,000 USD. When you turn this investment back into cash, let's assume that the price of Bitcoin increases by 200% and the price of gold increases by 20%. In this case, while a profit margin of 4,000 USD could be obtained if a Bitcoin investment was made only a 400 USD profit margin would be obtained from a gold investment. In other words, you will lose the profit margin on your investment because Bitcoin isn't preferred just because of its price. Therefore, if you are thinking of investing in cryptocurrencies, I will recommend you to wait for the right buying price and choose cryptocurrencies that you think can gradually increase depending on your budget. A financial instrument purchased at the right price always makes a profit and none of the cryptocurrencies are expensive as long as it is purchased at the right price level.

You don't invest based on how many thousands of dollars Bitcoin is worth but when you invest you think that this investment is just your start and that's how you keep investing. When you can convince the mind like this, the mind will be much stronger and you will be able to have enough confidence in the investment. I think $2,000 is a pretty good amount of money to invest. Most investors start their investments with much less money than this. It is not important how much money you start investing but whether you are able to make your investment consistently. If a sudden investment of five thousand dollars can be invested continuously for four years, then it is possible to accumulate more money by investing continuously than by suddenly investing.

There is no doubt that bitcoin is expensive but you have don't have to buy overall bitcoin in the price of 42k$ because if it was needed to buy whole bitcoin then nobody will be able to buy bitcoin and there would be no Bitcoin's investor. You can put any amount what you can and there is no strictness in buying bitcoin at specific amount but its up to you that are you in will of buying bitcoin in desired amount or not. There are also other options in crypto market so use that ways in order to earn and then invest in bitcoin and selection of another beneficial coins can also be done.

it's never too expensive to invest in bitcoin, even with just 1 dollar you can start investing in bitcoin. what's more, with the $2k you have, that's enough money to be able to invest in bitcoin and if you hold onto it for some time, you might be able to make a decent profit.

Actually, in Cryptocurrency there are many options to buy crypto that are more affordable for your pocket, not just Bitcoin, we invest if it is too expensive then it is difficult, other options such as ETH, BNB, are much cheaper than buying Bitcoin which has exceeded the price of $43k at the moment,  There are many Altcoins that are promising to invest in. If we refer to several markets, we will definitely find several Altcoins that are worth investing in there.

You don't need to buy a whole Bitcoin if you want to invest on it, you could buy small fraction of it.
You could also try alt-coin if you really want to invest in crypto currency.
The way I see it crypto doesn't really care if you're a big or small time investor any investment counts and it could change a thing.

Most people have no idea if we could still buy Bitcoin portions because what is in their mind is that 1 whole Bitcoin. With the lack of knowledge, I couldn't think someone would urge themselves to invest in Bitcoin and risk $43k.

---

Adoption is growing fast now, ideas and sources of information about crypto has been widespread and most of us know about this. If we could say that it was expensive today and not buying, the more we decline this opportunity in the coming years when prices are even higher than this time.
@OP, don't make the price a reason why you are not buying this time but rather think about the value of Bitcoin 5 years from now.

Bitcoin is really very expensive. it is not expensive only for you bitcoin is expensive for everyone. Currently the price of 1 Bitcoin is around $43k which makes it impossible for anyone to buy a whole Bitcoin.  Because it is an amount that covers a person's lifetime expenses in any country. So it is not possible to save this money and invest in Bitcoin. So it is not possible for everyone to own 1 whole bitcoin. so bitcoin is very expensive for everyone

Bitcoin is not too expensive for you. We are still expecting the bitcoin price to double as it’s now. We are expecting the bitcoin price to surpass $100k. Therefore, if you invest $2k, it is still good. We have a method called dollar cost averaging (DCA). You can use such a method to invest in bitcoin even at the current price. So I think you should think of saying that the price is too expensive. You are not late. Don't think like that. You may lose opportunity. If you invest now, you will get profit from your investment if you leave it for a long period of time. I believe everybody who views this thread and comments will tell you the same thing; you haven't been late.

However, you are asking if bitcoin will provide a better opportunity that will make you invest in it. Although we are not here to convince people before they invest, we use the knowledge we have to educate other newcomers to invest in bitcoin. In the process of your learning, you will be the one to determine for yourself whether bitcoin will provide better opportunities in the future or not.

 If not for us, we believe it will do, and definitely that is what everybody here believes, so I think while you are learning, you will also believe because bitcoin investment and the whole technology it has are based on how someone views it. Anybody who views it as a means of payment, that is how he will use it; others may view it as an asset or investment, that is what they will use it for, so the choice is yours. Now you will be the one to decide for yourself.

Years or months after Bitcoin is created, its value is already high, so many people are not willing to afford one Bitcoin. Much more at this very point. Its performance through the years and the information available are still not enough reason for the majority to buy a whole coin. So, they just buy in smaller portions.

It is usually when the price dips before they do it. While for some, they are using that method you said there, which was Dollar Cost Averaging. This is better than the previous one, as it allows us to buy immediately and we can experience less stress or pressure here because we are not minding the price of bitcoin and also the the capital that we put in.

Now the transaction of bitcoin was totally hard one,even though we are paying 10+ dollars as the fee.The transaction time was around 5 hours,the reason of this was many new people get into the bitcoin trading.The biggest reason behind this was the more traffic in the current situation of the bitcoin transaction.If you want immediate funds,you can do the transaction or else hold till the price of transaction become normal again.The reason behind this was the bitcoin was top the market and had demand in both the bull and bear markets.


The trader who get into the bitcoin market will try to buy at all the price,but this is not the right thing.Because buying at the bear run was the important one.Bitcoin will give profit at any price buying,but buyers should concentrate on buying at the bear to get more money profit.

OP, currently the price of bitcoin is 42-43k, you think it is expensive for you to invest in bitcoin. We may expect to see Bitcoin price 100k in 2025 after the halving. Then you might regret even more why you didn't invest earlier. You said you have $2k, which is a good amount to invest. You can start investing with DCA method. Now is the right time to invest, we are going to see a halving very soon. We've seen bitcoin prices go up a lot in the years following the halving. Expect the price of Bitcoin to go up a lot in the year after this halving. You now consider whether to invest. But you have to invest with risk. Not only the hope of profit but also loss.

Whenever there is a will there will be a path, this is a proverb that better suits your post. You are right people show excuses about Bitcoin when you ask them about Bitcoin investing and the reason is that they are not interested in Bitcoin. Sometimes I wonder what forces a person to not invest in Bitcoin and after several times think I that this is because of society. Most people in society do not have good information about Bitcoin and when there is any illegal or scam occure they link that to the Bitcoin youngers are also too lazy as they do not confirm it and believe what that person saying and this way will die. So what I am saying is that spreading news and doing advertisements everywhere about the advantages of Bitcoin so that our youngsters and also other ages person are influence and will of investment will arise in their hearts.

It is really just that a matter of determination and the seriousness on dealing up on something on which you do believe that it could give out that kind of benefit for you on longer times. It is really just that normal that people would really be that really be preferring and hoping that they should have entered on the market on the earliest time as possible but we know that we cant really be able to turn back the time but doesnt mean that we are already late on making money or profits on which this one would really be hindering you on taking steps forward just because you do have in mind and believe that it was already late.

Literally yes, if we do speak about not to make or able to have kind of possible multiple folds of earning not like on getting on altcoins but when it comes to assurance or potential for long term then there's
no doubt that Bitcoin would be less risky compared into other options. In the fact, that you wont really be needing to buy up a whole coins then it would really be that possible that you could
buy on fractions on which means that even if you dont have much money but still you could be able to purchase or buy bitcoin on smaller amounts that it is something that you could afford.
Dont stress up yourself too much into this manner.

Absolutely, there's still room for small investors in Bitcoin! With $2k, you've got a good starting point. Here's the scoop:

1. **Fractional Buying**: Bitcoin can be divided into tiny pieces, called Satoshis. So, you don't need to buy a whole Bitcoin. You can start with just a small fraction.

2. **Dollar-Cost Averaging (DCA)**: This strategy is perfect for smaller investors. Invest a bit of your $2k regularly, like monthly. This way, you spread out the investment and reduce the impact of price swings.

3. **Long-Term View**: Bitcoin is often seen as a long-term investment. The key is patience. Its value has grown over time despite short-term ups and downs.

4. **Stay Informed**: Keep learning about Bitcoin and the market. Understanding trends can help you make smarter decisions.

Remember, all investments have risks. Never invest more than you can afford to lose. But yeah, even with $2k, you can definitely start your Bitcoin journey!

Lots of people new to crypto say this & it’s a sure fire way to lose your money. So many altcoins rug pull & people lose everything. Bitcoin is time proven & beats inflation, it’s the best asset to invest in. You might not get rich fast but put that $2,000 into Bitcoin & DCA as much as possible, you will do well.

You don't even have to think about it because everything is so obvious that everyone can see it. The only decision left is whether to invest or pass and pretend there is still time to invest, even though that is not how it works. That sort of thinking has kept a lot of people in poverty for a long time because those kinds of individuals are never uncomfortable where they are, which is definitely not ideal. It would be preferable to advise them to invest, as they will continue to put it off.

It's not a bad idea to invest $2,000. From there, you can even gain more expertise while making investments. However, if you can earn 100% profit with just $2000, imagine how much money people with one bitcoin will make.

Usually we can categorize them into three groups in investing, namely likes, dislikes and doubts regarding BTC investment. If it is said that it takes a long time for the price of BTC to return to its previous price, it seems like a long time, but after 1 year after the last decline, it seems very short now.

If investing in crypto is for mere speculation, for example if you want to quickly gain wealth or profit in a short time, I think it might be difficult at this time because volatility will be crazy and the current cycle will be different from the previous cycle. So, what needs to be avoided is actually don't buy when the market is bearish or at a reversal point, we buy coins so that it can make us go straight and experience the same mistake over and over again.

Maybe I agree with @bayu7adi to adjust our investment according to the strength of the money we have, if other people profit, we also profit, only the estimation is different if we have a long-term holding and continue to accumulate if there is additional little by little.

I asked someone why they didn't invest, they answered that they didn't have money. That is not reasonable to me and much more if they say that Bitcoin is already expensive. I don't think it was all about the price and capital but probably because they don't have an interest in investing and they don't want to grow. Well, we can force them to consider it because there is nothing happens and it is not profitable when they invest if it is against their will.

After all, despite the current price of Bitcoin, those who are willing to take risks will still buy some but those who are not, always have a reason to decline.