A new person who thinks that investing in Bitcoin is expensive is really stupid. As time goes by and the demand for Bitcoin increases, the price of Bitcoin is increasing. I think Bitcoin is still in its early stages. Because about 1% of the world's people invest in Bitcoin and therefore the price of Bitcoin is above $ 108 thousand. When 10% of the world's people or 20% of the people invest in Bitcoin, how much can the price of Bitcoin increase. If you think Bitcoin is expensive and do not invest now, you can regret it later.
I like that you used a NEW PERSON coming into bitcoin and saying it’s expensive I wouldn’t call them stupid rather ignorant. I once thought bitcoin was expensive cause of the price and my income, the knowledge I had at the time was little to zero and the person I looked up to said I should just forget bitcoin and leave it for rich people.
We’re privileged to be in a forum where firsthand experiences and knowledges are shared, not a lot of people are.
Like you said in your analysis only about 1% of the World population holds bitcoin meaning a lot of persons are yet to invest into bitcoin and as such alot of people don’t have the right knowledge and some that do have it twisted and wrong.
We can’t call the rest of the world stupid for not investing, it’s just a matter of time and we’ll have more percentage of people investing.