Satoshi: You don’t have to buy a whole BTC

Another widespread misconception is that Bitcoin is too expensive to buy, leading many new investors to opt for cheaper altcoins. This misunderstanding overlooks the fact that Bitcoin is divisible into smaller units.

Bitcoin’s Divisibility

Bitcoin can be divided into 100 million smaller units called Satoshis. This divisibility allows investors to purchase fractions of a Bitcoin, making it accessible regardless of the current price of a whole Bitcoin. For instance, with just a few euros, one can buy thousands of Satoshis.

Misunderstanding Altcoin Value

New investors often believe that because altcoins are cheaper, they offer better investment potential. However, the price of an altcoin is not the only factor to consider. Bitcoin’s established network, security, and adoption make it a more reliable investment compared to many altcoins, which often lack the same level of credibility and stability.

Conclusion

The belief that Bitcoin is unaffordable is a misconception. Bitcoin’s divisibility into Satoshis makes it accessible to investors at any budget level. It’s important to understand the advantages of investing in Bitcoin over cheaper but less stable altcoins.

For more on Bitcoin’s divisibility and investment potential, visit Investopedia.