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Its supply is capped at 21 million coins by the rules of the network itself, so no one can issue more.
Its price is volatile and can fall as well as rise, so only buy what you can afford to lose.
Join Bitcoin.com and discover how simple it can be to own, manage, and grow your Bitcoin.
Bitcoin's price tops $80,808 as ETF inflows, crypto market gains and $409 million in liquidations fuel the rally.
Bitcoin's price hit a wall after breaching $81,000 earlier this week following some consolidation around $79,000 per coin.
It seems bitcoin's price might be playing catch-up and moving toward the massive liquidity parked inside the modern financial system.
Is the $3,000 bitcoin price pullback a bull trap or consolidation? With $140.9B in open interest, analysts eye BTC's next move.
Yes. You don't need to buy a whole bitcoin to get started. Bitcoin is divisible into much smaller units, so you can invest an amount that suits your budget rather than paying the price of 1 BTC. You can buy a fraction of a bitcoin from as little as $30 and gain exposure to Bitcoin in exactly the same way as someone who owns whole coins.
The high price of a single bitcoin can give newcomers the mistaken impression that Bitcoin is out of reach. In reality, whether you own 1 BTC, 0.1 BTC, or a much smaller fraction, you still own bitcoin. What matters is the value of your holding, not the number of whole coins in your wallet.
The smallest unit of Bitcoin is the satoshi (or "sat"), named after Bitcoin's pseudonymous creator, Satoshi Nakamoto. Just as 100 cents make one dollar, 100,000,000 satoshis make one bitcoin. A holding of 0.4 BTC can equally be read as 40 million sats — the denomination changes, the value doesn't.
As bitcoin's price rises, everyday amounts read more naturally in sats — a cup of coffee costs thousands of sats, while big-ticket items lend themselves to whole bitcoins. Whether an amount is quoted in BTC or sats, it refers to the same thing.
People are predisposed to prefer whole things — a crisp $10 bill over a handful of change worth the same. In crypto this shows up as "unit bias": preferring millions of a cheap coin over a fraction of a bitcoin, even when the fraction is worth far more. Many projects issue coin supplies in the trillions precisely to exploit this instinct. The number of coins you hold is not what matters; denominations are arbitrary, and value is what counts.
A common mistake is reading bitcoin's per-coin price move as your own profit. If the price rises $1,000 and you hold 0.1 BTC, you've gained $100, not $1,000. The simplest approach is to think in percentages: multiply what you invested by the percentage change. If you bought $200 of bitcoin at $10,000 and the price doubles to $20,000, your $200 is now worth $400.
