揭开谜团：加密货币投资壁垒暴露

尽管比特币最近飙升并且推出了现货比特币交易所交易基金（ETF），但加密行业仍然难以吸引新投资者。 Z 世代和年轻的千禧一代男性仍然是加密货币的主要人群，这与广泛采用的预期相反。质疑的原因之一是成本高昂，但分析显示，通过零碎股票或加密 ETF 投资比特币是可以承受的，而且根据长期价格预测，比特币被低估而不是被高估。

Cryptic Conundrum: Unraveling the Surprising Barriers to Crypto Investment

神秘难题：揭开加密投资的惊人障碍

Despite Bitcoin's stratospheric ascent and the proliferation of spot Bitcoin exchange-traded funds (ETFs), the cryptocurrency sector continues to grapple with the challenge of attracting new investors. A recent survey conducted by Motley Fool Ascent reveals that the primary demographic comprising crypto enthusiasts remains Gen Z and young millennial males, a finding that belies the widespread perception of crypto's imminent mainstream adoption.

尽管比特币飞速上涨并且现货比特币交易所交易基金（ETF）激增，但加密货币行业仍在努力应对吸引新投资者的挑战。 Motley Fool Ascent 最近进行的一项调查显示，加密货币爱好者的主要人群仍然是 Z 世代和年轻的千禧一代男性，这一发现掩盖了加密货币即将成为主流的普遍看法。

Intriguingly, one of the primary reasons cited by skeptics for their reluctance to embrace crypto is its perceived high cost. However, a closer examination reveals that this assertion is fundamentally flawed.

有趣的是，怀疑论者不愿接受加密货币的主要原因之一是其高昂的成本。然而，仔细研究就会发现，这种说法从根本上来说是有缺陷的。

Bitcoin Sticker Shock: A Misguided Perception

比特币贴纸冲击：一种误导性的看法

The notion of "cost" as a deterrent to crypto investment can be interpreted in various ways. The most probable interpretation, however, is a phenomenon known as "Bitcoin sticker shock." Imagine this scenario: an individual contemplates purchasing Bitcoin but, upon witnessing its current price hovering well above $70,000, promptly dismisses it as an unattainable asset.

“成本”这一概念作为加密货币投资的阻碍因素可以有多种解释。然而，最可能的解释是一种被称为“比特币价格冲击”的现象。想象一下这样的场景：一个人考虑购买比特币，但在看到其当前价格远高于 70,000 美元时，立即将其视为遥不可及的资产。

This perspective, however, is remarkably short-sighted. It is crucial to acknowledge that one is not obligated to purchase an entire Bitcoin. Fractional share ownership is an equally viable option. In fact, numerous popular crypto trading platforms facilitate transactions with as little as $1. For such a modest investment, you can become the proud proprietor of 0.00001 Bitcoin in today's market.

然而，这种观点是非常短视的。重要的是要承认，人们没有义务购买整个比特币。部分股权是同样可行的选择。事实上，许多流行的加密货币交易平台都可以以低至 1 美元的价格进行交易。只需如此少量的投资，您就可以成为当今市场上 0.00001 比特币的自豪拥有者。

Thus, acquiring Bitcoin is not akin to purchasing a brand-new Tesla Cybertruck. While the financial outlay may be comparable, the concept of owning a fractional Tesla Cybertruck is simply not feasible.

因此，获取比特币并不等同于购买全新的特斯拉 Cyber​​truck。虽然财务支出可能相当，但拥有部分特斯拉 Cyber​​truck 的概念根本不可行。

Even if the prospect of fractional Bitcoin ownership remains unappealing, there are alternative strategies to mitigate the perceived cost of Bitcoin. For instance, exposure to Bitcoin can be gained through investment in spot Bitcoin ETFs. These funds meticulously track Bitcoin's performance, and the two most widely circulated spot Bitcoin ETFs—iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Trust (FBTC)—remain priced below $70. For investors experiencing Bitcoin sticker shock, this significantly lower entry point may provide the impetus to overcome the psychological barrier posed by Bitcoin's elevated price.

即使部分比特币所有权的前景仍然没有吸引力，也有其他策略来降低比特币的感知成本。例如，可以通过投资现货比特币 ETF 来获得比特币敞口。这些基金仔细跟踪比特币的表现，两种流通最广泛的现货比特币 ETF——iShares Bitcoin Trust (IBIT) 和 Fidelity Wise Origin Bitcoin Trust (FBTC)——价格仍然低于 70 美元。对于经历比特币价格冲击的投资者来说，这种明显较低的入场点可能会提供克服比特币价格上涨带来的心理障碍的动力。

Overvaluation or Undervaluation: A Matter of Perspective

高估或低估：视角问题

Another interpretation of the "too expensive" excuse is that investors perceive Bitcoin as overvalued at its current price. Given Bitcoin's recent ascent to a new all-time high of $73,750 in mid-March, it is understandable why some may anticipate a price pullback before committing to an investment.

对“太贵”借口的另一种解释是，投资者认为比特币按当前价格被高估。鉴于比特币最近在 3 月中旬升至 73,750 美元的历史新高，我们可以理解为什么有些人在进行投资之前可能会预期价格回调。

While "buying the dip" represents a valid strategy for acquiring Bitcoin, it is unlikely that the majority of hesitant investors have this in mind. Instead, they likely conclude that the opportunity to profit from Bitcoin has passed. After all, Bitcoin's meteoric rise from $1 to $70,000 over the past decade may have led many to believe that its potential for appreciation is limited in the years to come.

虽然“逢低买入”是购买比特币的有效策略，但大多数犹豫不决的投资者不太可能考虑到这一点。相反，他们可能得出的结论是，从比特币中获利的机会已经过去了。毕竟，比特币在过去十年中从 1 美元迅速上涨至 70,000 美元，可能让许多人相信其未来几年的升值潜力有限。

However, this view is in stark contrast to the prevailing sentiment on Wall Street. The consensus among analysts is that Bitcoin will surpass $100,000 by the end of 2024 and $150,000 by the end of 2025.

然而，这种观点与华尔街的普遍情绪形成鲜明对比。分析师一致认为，比特币到 2024 年底将突破 10 万美元，到 2025 年底将突破 15 万美元。

Moreover, some analysts, such as Cathie Wood of Ark Invest, predict that Bitcoin's price could skyrocket to $3.8 million by 2030. If you invest now, there is still the potential to realize a nearly 50-fold return on your investment—a compelling proposition that suggests Bitcoin may be undervalued rather than overvalued at its current price.

此外，Ark Invest 的 Cathie Wood 等一些分析师预测，到 2030 年，比特币的价格可能会飙升至 380 万美元。如果您现在投资，仍有可能实现近 50 倍的投资回报——这是一个令人信服的主张这表明比特币目前的价格可能被低估而不是被高估。

The Pitfalls of Bargain-Bin Cryptos

廉价加密货币的陷阱

The main shortcoming of the overvaluation argument lies in its tendency to drive investors towards the allure of ultra-cheap meme coins. With a few notable exceptions, many of these meme coins trade for fractions of a cent. For instance, Shiba Inu (SHIB) currently trades at an unfathomably low price of just $0.00003.

估值过高论点的主要缺点在于它倾向于促使投资者受到超便宜模因币的诱惑。除了一些值得注意的例外，许多模因币的交易价格都不到一美分。例如，柴犬 (SHIB) 目前的交易价格低得令人难以置信，仅为 0.00003 美元。

However, it is essential to question whether Shiba Inu represents a more prudent investment than Bitcoin. Is it reasonable to believe that accumulating dog-themed meme coins is a wiser long-term strategy than acquiring fractional shares of Bitcoin? If the answer is affirmative, then the adage "you get what you pay for" holds true.

然而，有必要质疑柴犬是否代表了比比特币更谨慎的投资。是否有理由相信积累以狗为主题的模因币是比购买比特币的部分股份更明智的长期策略？如果答案是肯定的，那么“一分钱一分货”这句格言就成立了。

Conclusion: Unveiling the True Barriers to Crypto Adoption

结论：揭示加密货币采用的真正障碍

The persistent challenge of attracting new investors to the crypto industry is not primarily attributable to its perceived high cost. Rather, it is a consequence of a combination of factors, including a lack of understanding, a tendency towards risk aversion, and the allure of superficially inexpensive meme coins.

吸引新投资者进入加密行业的持续挑战并不是主要归因于其高成本。相反，这是多种因素综合作用的结果，包括缺乏理解、规避风险的倾向以及表面上便宜的模因币的诱惑。

To surmount these barriers, it is imperative to educate potential investors about the nuances of crypto investing, provide resources to facilitate informed decision-making, and dispel misconceptions that hinder the adoption of this nascent asset class. Only through a concerted effort can the crypto industry achieve its full potential and unlock the transformative power of digital assets.

为了克服这些障碍，必须让潜在投资者了解加密货币投资的细微差别，提供资源以促进明智的决策，并消除阻碍这一新兴资产类别采用的误解。只有通过共同努力，加密行业才能充分发挥潜力，释放数字资产的变革力量。