How low can you go? Good news is while the price of Bitcoin is back over $30K USD, you don’t have to spend that much to own.
Unlike like a stock which has the upfront price, Bitcoin can be broken down.
The very smallest amount of Bitcoin that you or anyone can buy is one Satoshi. That’s equivalent to 0.00000001 BTC. Bitcoin is a digital currency that is divisible to eight decimal places, which means that it can be divided into smaller units than traditional currencies.
So don’t worry if the price of Bitcoin, which is currently hovering around 30K, is out of your price range, because you can break it down into little bits and pieces.
Such as 0.1 BTC or 0.001 BTC depending on your budget and investment goals. For example, if you only have $100 to invest in Bitcoin, you could buy 0.002 BTC at an exchange rate of 1 BTC to 30,000 USD.
That makes Bitcoin accessible to investors of all wealth. Even if you have a just $50 USD.
To get started, there are several ways but the easiest is to sign up with a reputable exchange.