My brother's wife told my brother that it is too high to buy right now in the 7000s. He pointed out to her that she said the exact same thing a couple weeks ago when it was 5700.
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.