Are new bitcoin users early or late to the party? - page 14.

Rikafip

legendary

Activity: 1722

Merit: 5937

Quote from: Anguwa on April 22, 2022, 09:16:24 AM

Actually, I'm not sure why practically every newbie has the same mindset and believes that it's too late to invest in bitcoin. Basically, Bitcoin has a very bright future that will last for a very long time; regardless of when you invest, returns will arrive because many people have taken Bitcoin and invested in it.

Because majority of them are more interested in getting rich quick and not in bitcoin and what it actually represents. So when they see the price of bitcoin being 40k+, they don't see a possibility to make quick x100 like they heard its possible in crypto and instead they buy one of those worthless memecoins or whatever type of shitcoin is a flavor of the month. Smarter of those that bought shitcoins realize their mistake and after getting rekted they focus on bitcoin while rest just give up and cry how crypto is a scam.

Quote from: qwertyup23 on April 22, 2022, 11:02:03 AM

Imagine, its price skyrocketed nearly 1000%+ when its price first released on the market- its potential is limitless for investors like us.

I think that you are missing a couple of zeros. Grin

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

Bitcoin and other cryptocurrencies always offer lots of opportunities to earn so I don't think you're late for it. Bitcoin is still profitable even for newbies but you have to deal with its volatility so you'll know how to deal with every market situation so you'll know when to invest and when to make a profit. Bitcoin is for everyone as long as you know how it works then you could grab the opportunities that it offers.

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

Like what I mentioned to previous threads similar to this, the best time to invest into cryptocurrency is the time that you first discover its existence. Due to its inflationary value, its price is somehow bound to increase in the future- though this is still subject to several and different factors.

Preferably, I would recommend purchasing cryptocurrencies and HODL them for long-term to take advantage of its limited and fixed supply on the market. Imagine, its price skyrocketed nearly 1000%+ when its price first released on the market- its potential is limitless for investors like us.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: rugrats on April 22, 2022, 08:03:09 AM

~snip~ If you can keep it as long as you say 10 years 20 years from now i believe bitcoin price will go to 400k or 500k is possible. Compared to the current price of 40k, you still make a profit x10.

Many new people are afraid and think that way. But for those who are familiar with bitcoin it is never too late. If we have known bitcoin for a long time, we understand the bitcoin cycle, of course we will continue to collect as much Bitcoin as possible. If anyone says it's too late I think it's wrong, the truth is to take advantage of today's circumstances to collect as much Bitcoin as possible. They just need courage and management if they want to invest in bitcoin. Even if they want to be investors they don't have to do much analysis. Because we know the bitcoin halving cycle has a tremendous effect on the bitcoin price.

Anguwa

member

Activity: 742

Merit: 30

Actually, I'm not sure why practically every newbie has the same mindset and believes that it's too late to invest in bitcoin. Basically, Bitcoin has a very bright future that will last for a very long time; regardless of when you invest, returns will arrive because many people have taken Bitcoin and invested in it. Consider that you may only invest less than $1,000, believing that it would no longer yield a return, although many investors are investing billions of dollars in Bitcoin.

Nrcewker

copper member

Activity: 2268

Merit: 539

LuckyDiamond.io - FLAT 50% Deposit Bonus!

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

There is never late to join Bitcoins.
Due to Bitcoin’s supply and demand policy, you can make money with Bitcoins any time you want.
All you need is just good analysis of the coin and the perfect time to buy the coin.
You shouldn’t take any stress by guessing about the next 20 years. What you can do instead is that you make money by short term investment.
At the current scenario and Bitcoin prices, try to buy Bitcoins when the price is around 37k USD then sell it asap when Bitcoins hit 45k USD. This won’t take long (max a week). As this trend is recently seen in Bitcoins from the past few weeks.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

I wouldn't consider them to be late. I mean if you were looking for a 100x ROI which was possible back then, then yes, you are late. But if not, then I'm pretty sure you'd still profit off of investing in Bitcoin now even if you just hodl. Big growth when it started isn't to be expected anymore imo, but that doesn't mean that Bitcoin growth has stagnated. At the very least, not until the last few halvings (and assuming that adoption wouldn't increase in huge increments anymore). Honestly rather than thinking whether your late or not, just enter, being early then nice you got more, being late, well, at least you're guaranteed to profit a bit unlike early ones who risked it all.

TribalBob

sr. member

Activity: 1330

Merit: 257

DGbet.fun - Crypto Sportsbook

it's never too late to invest, as long as you believe you can listen and can benefit from bitcoin currently in our target to earn profits regularly or quickly

Franctoshi

hero member

Activity: 966

Merit: 588

If things should go as people are predicting Bitcoin's price to go way up to a million dollars per coin from were we are right now, from my view someone getting in now is not too late because if we eventually get to 1 million dollars per Bitcoin and you look back and saw you got in around 40k ,50k dollars per BTC, that's is when you gonna realize you weren't late.
So it depends on how far that Bitcoin's price could go from this point in time.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

I can recommend you to research this market more thoroughly and maybe after that you will be able to make some money, but you are probably right to have missed that train. But you still have a chance to buy bitcoin now at an inexpensive price to sell it at a good price in the future. True, no one knows what the future holds for fiat money and inflation, but everyone on this forum knows that bitcoin will always be bitcoin.

rugrats

sr. member

Activity: 700

Merit: 250

Vave.com - Crypto Casino

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

We will never see the profits of the first bitcoin holders in 2012-2013, but now it's not too late for you to invest in bitcoin. If you can keep it as long as you say 10 years 20 years from now i believe bitcoin price will go to 400k or 500k is possible. Compared to the current price of 40k, you still make a profit x10.

Rikafip

legendary

Activity: 1722

Merit: 5937

Quote from: avikz on April 22, 2022, 07:15:33 AM

It depends on your age. If you are in your 20s, then you are not late at all because you have a huge amount of time ahead of you. So you will be benefitted from the remaining time as bitcoin has a huge upside potential.

I would say that age is one of the least important factors when it comes to deciding whether its too late to invest in bitcoin, if its a factor at all. On top of that, people usually have more funds in their 40s and 50s than they have in their 20s (judging by people around me, including myself) which makes it much easier to invest.

@OP I asked myself the very same question in 2017 when bitcoin price was ~1k. Luckily I came to my senses and realized that I am still very early and you can see where price is now compared to only 5 years ago. No point dwelling on the past, better focus on the present. And as some others already said, even if you bought back in 2013, chances are that you would sell bitcoin long time ago.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

That's all speculation, do you want to be the person way back in 2010 that didn't believed in bitcoin and then start to kick themselves when the price goes to almost $70k last year?

Or you want to get into the market right now, try to get a feel and who knows, maybe it will be worth half a mil or even a million or worst 0 in the next 20 years? Grin

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

It depends on your age. If you are in your 20s, then you are not late at all because you have a huge amount of time ahead of you. So you will be benefitted from the remaining time as bitcoin has a huge upside potential.

But if you are retired and living on your savings, the you are too late and probably best not to enter into the market due to the high risk profile. Hope this helps!

Wind_FURY

legendary

Activity: 2898

Merit: 1823

OP, VERY EARLY. The definition of what Bitcoin truly is isn't even established yet, and it might never be established. What is it? You can ask 5 different people, and they can give you 5 different answers.

The main shower-thought that makes me believe that it's still very early is, no one has realized what Bitcoin's real underlying nature is yet. With censorhip-resistance, it could be, that nation-states could utilize Bitcoin to weaken political strongholds. That's a powerful tool, and it might take some time before that realization is reflected in the price.

Leviathan.007

hero member

Activity: 1778

Merit: 722

Leading Crypto Sports Betting & Casino Platform

This is so much wrong to say it's too early for investing in bitcoin or it's too late for it, To understand it better I can say let's Imagine you started investing back in 2013 when the price was too cheap and bitcoin is not famous like these nowadays, even if you were started investing on that day, still there was a high chance for you to sell all the assets you got when the price increased sharply like many other people, so if you do have your own investing plan it's better to stick to your plan and don't care about being late.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

Look back to 5 years or more ago or just even a year or two, the same feeling you've got with the rest and also me.

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

You're too negative, you look at long term in bitcoin and you'll see the potential and will increase your enthusiasm.

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

Will btc ever hit a million? Or hundred million?

Let's check out first the 6 digits like a hundred grand then a million.

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

What's done and done, what's past is past. Move on and start making your way collecting as much as btc as you can.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

If you are now somewhere between 20 and 30 years old, wouldn't it be very good if 1 Bitcoin is worth $500 000 in 20 years? It is more than x10 for every amount you invest today, and for me personally it is more than a good personal pension fund that no bank or government can take away from you.

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|
Will btc ever hit a million? Or hundred million?

It is quite logical that you can no longer get rich by buying 500 BTC for $1 or 100 BTC for $100, but as some others have already written, Bitcoin was not invented to get rich on it - unfortunately, this is just the result of human greed that is ready to destroy all the good that comes it's way.

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

Not very popular advice, but if you want some crazy big money when it comes to cryptocurrencies, you will have to try altcoins. It is a very risky and slippery terrain, but if you can figure out how the whole thing works, you may be able to make a big money with a relatively small investment - although the chances are higher that you will lose everything.

pakhitheboss

hero member

Activity: 2156

Merit: 803

Top Crypto Casino

Patience is what you need now or you will get depressed soon and commit a mistake. It is always a good time to buy Bitcoin and hold it. Those who profited when Bitcoin reach the incredible feet of 21k had to wait for quite sometime. They believed in the decentralized economy and they got their reward. If you think Bitcoin is a quick rich scheme then you need to exit as it is not.

BlackHatCoiner

legendary

Activity: 1512

Merit: 7340

Farewell, Leo

Quote from: Anonohmon on April 22, 2022, 12:26:54 AM

Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

Perhaps you don't want to do the same in 2033. Better put an end to this suffering today.

Topic: Are new bitcoin users early or late to the party? - page 14. (Read 4130 times)