Topic: Am I too late to begin thinking of investing in Bitcoin? - page 3. (Read 1412 times)

I think it's never too late if we want to. where the general perspective that I know for investment is that there is always an opportunity if we have the intention and will, we only need to buy and hold BTC periodically.

A big perspective is always present for BTC because if you look at it from the price side, but I don't think it's much different because our investment growth is guaranteed to be strong compared to buying shitcoins.

"too late" depends on one's perspective.

Others see it as an opportunity for future growth and others think it is too risky or overpriced

Which one are you?

Bitcoin investment will never be too late. The fact that it still performs its pump and dump, and sometimes price crash, then there's always big opportunity to enter into bitcoin investment. What makes you late is if you let yourself think that you can never make the perfect entry. What is perfect entry by the way? Just don't mind it, but invest in bitcoin if you know you are capable to manage the risk. If you think you can't, then don't bother trying at all. You will only lose in the long run.

It’s just not the best time to start investing in Bitcoin now , the next 6-9 months are expected to be the highest prices for Bitcoin over the last 4 years.

The best time to buy Bitcoin is the 18 months after the cycle top which will come sometime this year.

I just wouldn’t go too heavy in Bitcoin now if I was only just starting now like the OP is. But everyone is different , some will be happy investing in Bitcoin this year for around a 2x return but others like me are not and invest in top altcoins which will give better returns this year and then plan to invest more heavily in Bitcoin during the bear market when the price is a lot lower.

There is no certainty that in that year bitcoin will return to the price as you said although in the end bitcoin may experience a decline but we will not know what the price of bitcoin will be so in the end there is no full confidence in a particular year bitcoin will be at a certain price too.
In addition, 2026/2027 is too long in my opinion so in the end as long as we can afford to buy then why delay it.

Indeed, in the end something like this can still be done but indeed when talking about money in the end it is not bought, it will usually always be used for other needs even though we plan to buy in the year as you suggest so I think this is not very wise at least for me.
I would prefer to buy when I have money that is ready to be bought without caring whether next year or 2 years will experience a decline because after all when saying it is not too late to be in bitcoin indirectly means we already believe that the long term will be better to be in bitcoin.

When you check the bitcoin price history, then you are going to invest in bitcoin.  few years ago, some people didn’t invest in bitcoin just because they thought bitcoin prices was already so high then, and even if they invested, they might not be making any profit at the end, but by now, they will be in profit already.

So if you think bitcoin price is so high already, and you won’t I’m be investing in bitoin, then I am sure you are going to regret why you didn’t invest now later in the future. I know bitcoin price is a little bit high compared to the previous price, but if you are holding for a long time, then you are going to smile later in the future.

If you are investing in bitcoin, just make use of the DCA strategy, and you shouldn’t be moved by bitcoin price movement since your aim is to hold for a long time. If you have money to invest, then don’t be discouraged by the current price,  just keep on accumulating gradually.

Bitcoin's all-time high was $108,300 and not $101k. The $101k, which it reached a few days back, was a price already reached before.

I don't consider this as good advice; it's best to buy when you have the money and not wait for 2027 to come when you expect the price to get lower than it is.

No doubt the price will drop down, but what if it doesn't, or if it happens when something else has already made the buyer use the money for something else? Two years is too long to wait; bitcoin price will pass this present level before that time, and today will be considered a day the person could have purchased it cheap.

And because the price is quite high that is the main reason it's better to use the DCA strategy: if the price keeps going up (or stays the same) you are partially invested while if there is a dump you keep buying more, so maybe you even hope there will be a dump. But at least if for whatever reason the price pumps a lot you're in otherwise you'll end up buying at even higher prices.

It is natural for you to be scared. Because Bitcoin is currently at an all-time high. Which was a happy moment for all of us holders. Bitcoin (BTC) is the most volatile market among all types of cryptocurrencies. Till date, no one has been able to predict the Bitcoin market correctly. But, none of us have stopped investing because of this. Even new investors have not stopped being created. I think if you really want to be an investor, then you have to make a long-term plan first.
And you have to invest following the DCA method.

The DCA method will be the right decision for any investor, new or old.

One of the things that what make people do hesitate on investing is that they've been that seeing that they are already on tending to buy on peak prices. If we do really tend to check out its price history then we can say that we are indeed on peak prices, but if you are someone whose really that going after for long term approach then you wont be minding that much about on the price that you had entered, but deep inside we do really like to buy on the bottom but the question is on when it would happen? This is why that waiting too much will really be that definitely having that possibility that you can be that missed out those opportunities on making profit. This is why in every decisions that you do make then it will really be having that corresponding outcome or results.
 
Are you that late in investing in Bitcoin? No its never been that late. It is really just that your mind is really that giving out that thinking that you are already late because you've been that seeing that the price is already at the peak price and this what make you hinder on buying. If you are really that serious on going for long term then you wont really be that easily make yourself that getting affected with this sentiment but rather you will really be that pursuing into the actions that you are tending to dive in.
Stick with your plans and with your preference so that you wont really be having any regrets no matter what the outcomes or results that would happen. So it will really be that up to you on how you do deal up accordingly.

I can understand why you feel like you're late to Bitcoin, but this isn't necessarily so. Bitcoin reach a new all-time high recently, and yes, there is one very real risk of major correction, however a lot of people believe it could reach $150,000 or even $200,000 this year. There is also noise about probable growth on the back of talks of a national Bitcoin reserve. The good news is, you do not have to buy 1 full Bitcoin. Many investors start small and usually go for the long term. Just remember, crypto is unpredictable, so only invest what you are comfortable risking. There's still plenty of action ahead with Bitcoin, it's never too late to invest in Bitcoin, just find good timing.

I think that the main problem for new investors is that they would buy when we are almost at the all time high so they just see the charts and notice that just a couple of years ago bitcoin was around $20-25k, and I can understand that psychologically it's hard to process because you are paying 4-5 times more the price but that is the same thing that many people did in the past, OP needs to focus on the long term because at the end a 5x or a 10x is still a great result.

There are quite a lot of posts on this forum already talking about this same topic and the replies from all the posts are just thesame. There is a similar topic like this https://bitcointalksearch.org/topic/--5525373.

Anyone who is in doubt about bitcoin should just use the search icon or follow up threads on the Bitcoin Discussion board to see what others think about bitcoin instead of creating duplicate topics and encouraging spam.

@op, you can invest in bitcoin anytime. There are thousands of people who are yet to invest in bitcoin. The more you keep contemplating, the more you delay your chances of making good returns.

In investment to make good profit, we need to buy low and sell high, so if you think the current price of bitcoin is too high, I think you should not buy and should not give advice to others. If the price of bitcoin is too high and has no potential to increase further, no matter how much bitcoin you accumulate, it will not bring you any profit.

1BTC = $100k sounds high but if we consider its current supply, capitalization and popularity. Bitcoin is not expensive and still has a huge potential for price appreciation in the future. So, investing in bitcoin now is not too early but not too late because the price can still increase x3, x5 or even x10, this is completely possible. It's all a matter of time.

Price could easily dump or pump unexpectedly, but if you are here for long term holding, that won't really matter at all. Just follow the DCA so you won't feel too much burden on accumulating bitcoin while the price is high. Otherwise, if you keep waiting for the bear season and buy it at an affordable price, that's also good, but we don't know when it will happen. Seize the moment now, or you will miss another opportunity to invest in bitcoin.

It is not too late. Even gold that has been existing for centuries, it is not too late to know about investing in gold. Not to talk of bitcoin that is not yet up to 2 decades ago.

Juts learn about bitcoin. Learn how to avoid those scammers and hackers. It is a speculative asset and make sure you do research about the price of bitcoin history.

It is never too late because bitcoin is a store of value and a hedge against inflation. Its price will continue to increase after a long period of time.
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its is never to late to invest in bitcoin, infact its a brainer idea, that you will benefit from at the end and merit!!!!

Accumulating bitcoin in fractions is one of the easiest way of investing in Bitcoin, this is a method called DCA method of investing bitcoin.  Using the DCA method you don't need to bother yourself of investing so much that will be of load to you, you can just start investing bitcoin in fraction,  an amount that you can easily afford. I'm so impressed you already understand bitcoin investment is a long-term investment. Their is no late time in investing bitcoin, everytime is a good time to invest bitcoin bit the most important thing is for one to have the longterm mindset, when their is understanding that Bitcoin is a future investment it will definitely be an investment with good result. 

You are right, when we invest in it for the long term, we will surely make a profit but the amount of profit also matters, as if we won't be able to make like 5x on our BTC holding for the next 10 years (max), then I guess there is no real benefit in holding BTC as in alts we can make this in a year (if it's a bull year like now).

$1 million for BTC is possible in my sight but how much time it will take is unpredictable. As you said, in the long term we will be in profit.

You are not late to Bitcoin, friend, you only came during the bull season when price has already surge high but that doesn't mean that if you invest now you will not make profit, you will make profit but depending on how long you can hold and also depending on the amount of money you put in. If you  buy now and hold till next bull season, you will make profit, unless you sell off when price has dropped below the price you purchased it.

Those who did not invest in Bitcoin after learning about it in the beginning are now the ones who regret it the most. If they do not invest now, they will miss out on the opportunity they missed in the past. If the price of Bitcoin differs from the current price 10 years ago, an investor can easily have a good idea about ​​the profit. In the next 10 years, the price of Bitcoin will rise even more from the current situation. Therefore, if possible, you should invest now without regrets. If DCA can be done regularly in the case of long-term holding, then it is definitely possible to get a reliable return from Bitcoin.