Post
Topic
Board Economics
Re: advantages of trading satoshis instead of whole bitcoins
by
harizen
on 31/08/2017, 17:55:35 UTC
The high bitcoin price seems to be an obstacle for people who want to invest in it. Some may think, buying only a fraction of a bitcoin makes no sense. what should they do with less then 1 bitcoin?

Why not start listening and trading satoshis on exchanges? People who can not afford an whole bitcoin can buy thousands of satoshis. Of course, that has the same value and everything, but some folks it may help to feel better. I think this would help to become bitcoin more mainstream.

Google did something similar with their stocks. The primary google stock become to expensive, so they started a cheaper one.

what do you think, does this make sense?

If some people really can't afford to buy a whole bitcoin then don't force themselves. What matter here is, they should acquire a portion of it and play with it by doing trades and taking advantage of the price fluctuations since the expected trend is always to go up.

Now that they are in the situation where they can't feel much the profits, they must set a goal that soon they will able to do large trades starting from a small amount. There are lots of person who already did that kind of way and now become a successful trader. It's up on the person on how they will pursue their goal in order to have a success.