Is Bitcoin too expensive?

Huge prices don't mean you can't invest - here's why.

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By

James Edwards

Updated

Fact checked

With one whole Bitcoin costing as much as $85,000, you might think that investing in Bitcoin is out of reach.

Fortunately Bitcoins are divisible, which means that you can own as little as 0.00000001 of a Bitcoin.

That's a 100-millionth of a Bitcoin – known as a satoshi.

What does vary is the minimum amount of money a Bitcoin exchange, or broker, will let you spend.

For instance, with the Finder app you can get started investing with as little as $5. (Some other platforms go as low as $1, but may well charge other fees.)

Low limits mean that no matter how high Bitcoin climbs, you can still invest. And if you follow a dollar cost averaging strategy, you can reduce volatility - however much you have available to invest.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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James Edwards is a seasoned cryptocurrency expert and content creator with over a decade of experience in blockchain, DeFi and Web3. An early adopter of Bitcoin, he has contributed to major outlets like Nasdaq, CoinDesk, and The Street, and has reported at leading industry events such as TechCrunch Disrupt and CoinDesk Consensus. James has produced over 200 YouTube videos, including interviews with influential figures like Changpeng Zhao (CZ) and Tim Draper, and holds a Bachelor of Liberal Arts & Sciences in Psychology from the University of Sydney, along with a Tier 1 Generic Knowledge certification in compliance with ASIC standards. James created cryptocurrency content at Finder as a video producer, writer and editor from 2018 to 2023. See full bio

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