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Topic: Am I too late to begin thinking of investing in Bitcoin? - page 2. (Read 549 times)

hero member
Activity: 952
Merit: 541
There is no maximum price of Bitcoin because its price is determined by supply and demand, if more investors want to buy Bitcoin than sell it, then the price will increase from before. On the other hand, if more investors sell Bitcoin then the price will go down, meaning there is no maximum and minimum price, so it is never too late to start investing in Bitcoin because the number of buyers and sellers affects its price.
Its limited quantity (only 21 Bitcoins in circulation) allows its price to increase in the future, because its supply is limited, Bitcoin will become something rare if many people want it and its price will increase because it is sought after.
sr. member
Activity: 546
Merit: 268
If you feel that it is your time to invest in Bitcoin then you should invest in Bitcoin without delay if you have no problem with funding. You may not be investing now but in the future when the price of Bitcoin will rise a lot you will regret why you didn't invest in the past. You will find yourself very guilty when the current price may increase many times in the future. If you invest $100 now and it is likely to become $1000 in the future that means if your plan is right then invest without delay.
legendary
Activity: 2576
Merit: 1043
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I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

Good day as well. Welcome to the crypto space first of all. Smiley
Your question is subjective because different investor has a different mindset when it comes to investing into Bitcoin. There are 2 scenarios that I will give.

1. If you're investing for the short-term only, it's still a good time to invest into Bitcoin NOW that it dumped really hard a few hours ago. From $101,000 to now around $96,000. That's a huge profit still especially if you bought at the lows, and you're planning to hold it until maybe it reaches $120,000 or even higher at $150,000.
2. If you're investing for the long-term, I would suggest to just keep your money and wait for the bear market to happen. For me, that would be a better option to maximize your profits. Imagine buying this time for the long term then bear market happens. Your portfolio will be down for years, so I would suggest you do DCA while going down.

It depends on your goal. If you're thinking short-term, you can still make profit as of now, but if you're thinking of long term, you might be a little late and I would suggest waiting for the bear market to happen probably a few months to nearly a year from now. It's up to you now. Good luck OP. Smiley
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It is still not too late to start investing in bitcoin it's just that price as of now is way too high but because it is often seen as a store of value, many experts suggest to approach bitcoin with a long term view as it may take time to see returns. Increasing acceptance by companies and institutions could support future growth. Just make sure you do your research and understand the risks involved before investing
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It is never too late to invest in bitcoin but like any other investment, it is always important that you have to understand what you are investing. Bitcoin has grown significantly in value over the year and still considered as long term investment by everyone. Start by learning the basics of how it works, its potential as a store of value and also the risks involved. Starting now could still be an opportunity for future growth.
hero member
Activity: 1484
Merit: 535
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?



While it's understandable to feel like you've missed out, the reality is that the Bitcoin market is still evolving, and there are still opportunities for those who are willing to learn and invest wisely. The most important thing is to start with what you can afford, do your research, and have a clear strategy.

If you're still unsure, you could start by investing a small amount and see how it goes. Many people find that once they start learning more about Bitcoin, they become more confident in their investment decisions.
legendary
Activity: 1316
Merit: 1089
Goodnight, o_e_l_e_o 🌹
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

Your post reminds me of one of the numerous posts I made as a newbie. Infact I had to visit my profile to get the full post. Even if as a newbie, I was able to understand that there's no late commer in the crypto industry, but where I got it wrong was advising people to buy a coin because the price is low.

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!
hero member
Activity: 3052
Merit: 685
No one's late with bitcoin. You are just on time. So don't waste your time thinking whether you're late or not. Get into bitcoin now, but know the risks first prior to investment so you won't be blaming others if you lose in the process. Losses are part of investment, it's as good to say that you need to be more smart and wise to minimize your losses but increase your chances of getting gains.
legendary
Activity: 2100
Merit: 1042
HODL
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?


If you invest in bitcoin now it is no longer considered the earliest but not too late and I think this is the perfect time to invest in bitcoin. Because there is no guarantee that if you knew about bitcoin earlier you would have invested in it because at that time it was banned by many governments, not legally recognized and investing in it was too risky...But now things are pretty clear and safer as the government has legalized it, we have bitcoin ETFs and a pro-bitcoin president...If you look at those things and they just happened this year then it can be said that the era of bitcoin is just beginning so investing in it now is the perfect time.

There are many newbies who are making the mistake of just looking at the price of bitcoin, thinking that the price has increased too much and it is too late to invest but if you check its supply, you will understand how cheap bitcoin is still and we are still early to invest from now.
hero member
Activity: 1428
Merit: 513
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Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?
No, for making short-term profit you are not late even if you plan to make long-term investment I won't say I am late as we can get anything cheap and expensive and the best deal is to get the item cheap but here we don't really know the realistic price of BTC will be in the next 10 years.

Many predictions say it can do 10x from the current price, like it can hit $1 million dollar per BTC too but that's not true in my sight, The point is we are never late all we need is a better idea, plan, and realistic profit, we just can't make the profit that we can make from memes and in other words we can not make the loss too. You can start doing DCA if you plan to hold for long term.
hero member
Activity: 1120
Merit: 571
Well we don't know what will be final price of Bitcoin or high Bitcoin will go from it's current price of 100k. May be in coming years Bitcoin touches 500k or 1 million USD, everything is possible. Having said that it won't be wise to think that Bitcoin has gone too high in price and it's of no use to invest in Bitcoin at current price. Those who are new to Bitcoin may take there time to understand the market, which has gone too high these days  before making there mind to invest. While the experienced one should have idea that Bitcoin has long way to go.     
jr. member
Activity: 98
Merit: 7
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

  Talking about late in Bitcoin? I don't think it's going to be late even in a decade from now.
Instead Bitcoin is going to hit above the one we see today.

I understand the feelings of not falling victim to the end-time investment, where others might have achieved it before you knew about it, but Bitcoin is not something that will fade away soon.

I will only advise you to learn more about it, not to fall into the hands of a fraudster.

Learn Bitcoin and invest now; it's never too late to start.

Don't be too tight; seek ideas from the people that have been in the game too.
legendary
Activity: 994
Merit: 1089
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Too late you say, imagine people who thought it was too late when BTC was $20k, or $50k; if they had bought some BTC then, they would have been in profit now that BTC is ~ $100k. However, BTC is not only an investment, it is also a currency that you can spend, if you want to be your own bank, you should also use BTC. You are not late, the future is very bright and if you want to get in, you should.
sr. member
Activity: 476
Merit: 337
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

Welcome to the crypto space dude, it's good you are considering investing your funds on Bitcoin this new year 2025. Actually it's not too late for you to (chose Bitcoin) invest on Bitcoin. But it's better you start now than letter because as times goes on Bitcoin price continue to increase even though it dips.
However, you do not need much knowledge to invest on Bitcoin, you just need to get started and make sure to apply a good strategy. I would suggest you use DCA method to invest and also hold for long term because that's how you can make a big profits. As you do not know much about Bitcoin investment, I also suggest that you start with a decent amount. You also need to chose a Reputable platform (like wallet) that they can use to store your Bitcoin. And never forget to keep your seed phrase in a secured location (area).
legendary
Activity: 3052
Merit: 1281
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Is my being aware of Bitcoin now too late or do I still have a chance?

If you are looking at Bitcoin investment as get rich quick scheme, then I believe you are already too late.  If you are looking for Bitcoin as an investment that will give you 1000x return in the next 6 years, then you are already too late.  But if you are looking at Bitcoin as an investment that can give you a good rate of profit in the long run then you are not yet late.  The bitcoin industry is still booming, politicians are taking notice of Bitcoin and some powerful government are thinking of making Bitcoin as reserve.

The potential growth of Bitcoin is promising, it is that the days of 1000x in a short span of time is already over, instead Bitcoin offers a steady growth of your portfolio with lesser volatility than before.  So if you do not mind waiting for some time to see your Bitcoin portfolio multiply by 3 folds or more just by holding and waiting for a 2 or 3 4-year cycle(8 to 12 years) then go on invest on Bitcoin for it is not too late to get such % profit in that span of time.
?
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Merit: -
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?


If you are planning to purchase Bitcoin to get rich overnight, then stay away from it! By definition, it's a highly volatile asset and risky. However, if you are here for long term, go ahead and add it to your portfolio. But you need to ready for the ups and downs because it is highly volatile.

Also learn about the tax implications of cryptos in your country. In many countries, it is still not very streamlined so you may want to connect with a professional in your area. It's not too late.
I'm not planning to get rich quick through Bitcoin, if you read my topic fully I did mention about not minding to buy Bitcoin and hold for a long time.
Please do well to check before posting, thank you.
legendary
Activity: 3080
Merit: 1500
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?


If you are planning to purchase Bitcoin to get rich overnight, then stay away from it! By definition, it's a highly volatile asset and risky. However, if you are here for long term, go ahead and add it to your portfolio. But you need to ready for the ups and downs because it is highly volatile.

Also learn about the tax implications of cryptos in your country. In many countries, it is still not very streamlined so you may want to connect with a professional in your area. It's not too late.
sr. member
Activity: 2590
Merit: 452
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Gold is somewhat tangible whilst Bitcoin isn't, there are really a lot of similarities between Bitcoin and Gold and I've also done researches about which is worth investing!
But Gold can't be compared to Bitcoin , because of it's flexibility and need to be carried from place to place.
Bitcoin is only but a digital asset though so that's why questions about it's durability arises.
This thread is not about gold but bitcoin. Bitcoin was only used to compare gold because gold price keeps on increasing. That bitcoin also will be like that. As some people are saying the price is too high, that they can no more buy bitcoin, the price will later get higher in such a way some people will complain that the price is high, but the price getting higher further in long term. No need of bitcoin versus gold in such thread like this.
Yes, this is a thread about Bitcoin, and Bitcoin can be said to be like digital gold, because if we look at the Bitcoin and gold graphs in the long term, it is clear that both have the same behavior, which is to continue to experience price increases over time.

And for those who have not invested in Bitcoin, you should not waste time because the price of Bitcoin will continue to increase which will make you regret and think that you are too late when in fact you ignore it. So it's never too late and do it when you know the potential of Bitcoin and do it according to your abilities and if you can do it routinely, Bitcoin will accumulate and also become large which will give you good profits in the long term.
hero member
Activity: 938
Merit: 605
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No time is too late to invest in bitcoin, because bitcoin is still in its transition stage. Knowing about bitcoin and not investing in it, is the worst of all. This is because you have the opportunity and resources to invest but due to the disbelief that you have in bitcoin might make you regret your actions in future. See bitcoin as an asset that's worth investing for the future. It's better to own a little portion of bitcoin than nothing.
hero member
Activity: 2786
Merit: 657
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Good day to everyone on this Bitcoin platform.I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.
Is my being aware of Bitcoin now too late or do I still have a chance?

No, your being aware of Bitcoin now is not too late and you still stand a chance just as the whales and the institutional investors do. Besides, your being here now means you're ahead of the 93.2 % of people worldwide who are yet to join the Bitcoin space. However, how you make good use of time within the space, the opportunities the market presents, your plans, your long-term holding enthusiasm, and your understanding and knowledge about Bitcoin technology which you can also use to make yourself useful within the system. At the same time, you also monetize it (i.e. get a job in the space that will complement your real-world job) is what will determine if you're late.

I have seen a lot of people who joined the BTC market 2 years ago who are ahead of those who have been in the market for 6years due to the money monetization of their technological knowledge.

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