Right now there are maybe 20 million people who have bitcoin and basically no institutional investor money is in bitcoin. So buying bitcoin is still the deal of the century right now. Sure it is so expensive now that you can't buy very much, but your rate of profit will be the same no matter how much you buy!
No one should say they don't have the guts to buy it now or it is too high to buy it now until at the very least 500 million or a billion people own bitcoin and most of the major investment firms are all invested in bitcoin. So we're talking a few years from now and likely in the hundreds of thousands of dollars. Only then would it be reasonable to wonder if it is too high to buy. Right now it's the deal of the century.
i told my brother to invest when it was about $2500 and he told me it was to high... everyone at his job was talking about it and that when everyone starts talking about to pull out...
i want to call him and tell him to invest now but he wont listen.
well that sucks for him. My brother did start getting in at just under $4000, and has been buying a bit more as it has gone up, his wife just doesn't let him put much money in cuz she doesn't get it.
I convinced my other brother to get in when it was about $2600, but unfortunately he panicked and sold half his coins under 4000 during the crash from 5000 to 3000 - apparently a relative in the financial industry told him to get out now it could all come crashing down and he unfortunately listened. He warned me about it and I just laughed and told him he's crazy, I couldn't believe he sold it just two months after buying, but at least he still has like half a bitcoin. And it seems he's not planning on buying back in with more, too high for him I guess.
I guess some people just can't bring themselves to believe that they could possibly get in on the investment opportunity of their lifetimes, so they keep telling themselves it's too high its gonna crash to nothing, and they never buy, or sell after tiny profit, always too afraid while they watch others make lots of money, and don't do the proper research to understand that the current price is nothing compared to what's coming.