Topic: Are new bitcoin users early or late to the party? - page 2. (Read 4130 times)

Warren Buffet said something along the lines of "The best time to invest is 20 years ago, the second best is now." And I live to that quote whenever I feel like I'm FOMOing on a project or a token. I do not need to feel regret over not investing on a thing that I just brushed off years ago, although that doesn't warrant me not feeling anything about it at all. For me, it is fine if you are subjectively late or whatever when it comes to cryptocurrency investing. As a trader that just started a year ago could make as much money as someone who started from 5 years before the former provided that he's smart and is able to weigh in on his decisions.

Never too late to start something. You can still achieve your dreams, desires and ideals even though time cannot be turned back into the past. Never assume your chances are getting smaller because it's too late, if you continue to think like that, you will actually harbor various kinds of disappointments.

You are never late to do something when you want and can do it right now, not later or tomorrow, but right now. Your dreams will not go anywhere, they will only continue to cross your mind and follow you wherever you go if you don't make it happen soon.

Don't waste the time and opportunity you have now, chase your dreams and make your life more meaningful. The path to success can still be found as long as you never stop looking for the best time to get some Bitcoin shards.

One day everyone will learn how to use Bitcoin. And then everyone will regret that they could not learn how to use Bitcoin earlier. Now new Bitcoin users say the same thing. And these regrets will remain until Bitcoin is adopted in all countries. But Bitcoin will be available in all countries very soon. So before we regret it, we should learn how to use Bitcoin.

Yes. But the vast majority of the world's countries are still skeptical about Bitcoin (especially with their high energy usage concerns). Bitcoin's price is volatile anyways, so not everyone will find it an attractive alternative to popular Fiat currencies such as the US Dollar or the Euro. What we've seen so far is that developing countries are adopting Bitcoin to try to save their economies. Don't expect developed countries like the US and those in the EU bloc to do the same since their economies are doing well (compared to developing countries, of course). I'd say we're still early to the party because Bitcoin hasn't reached the masses yet.

There are a lot of people who haven't heard about or used Bitcoin before in their lives. Maybe CBDCs will give Bitcoin the "publicity" it needs to become adopted by almost everyone worldwide? The blockchain can already scale to millions of users with its Layer-Two scaling solution called "The Lightning Network". Volatility would no longer be an issue if people start paying for goods and services directly in Bitcoin regardless of its Fiat value. Governments are slowly recognizing Bitcoin as a new asset class, so it should only be a matter of time before the pioneer cryptocurrency reaches the entire world. Who knows if we become the next Bitcoin millionaires someday? Just my opinion

It is because of the thought that it is too late to invest in bitcoin that most newbies to the market are looking for altcoins to invest in in the hope that there will be an altcoin like bitcoin. But sadly no altcoins can do that and make newbies lose, thus making them lose faith in bitcoin and crypto.

If we compare the current bitcoin price with the early days it is true that bitcoin has increased by thousands of percent but if we look at the era of cryptocurrency, the bitcoin revolution has only just begun and we still have a long way to go. So it must be said that it is still early to invest in bitcoin.

Since Bitcoin started in 2009 publicly, then that makes it 13 years old. So, yeah, new users are dealing with a more mature Bitcoin than a decade ago.

But there's also the fact that because of its maturity, that meas it's safer to say that it will stay here for a long time.

Basically the longer something exists, the larger probability it has to continue existing.

Also, the fundamentals of Bitcoin haven't changed, so that makes it a great investment, independent of when you start investing in it.

No one is late to bitcoin even though most of them think it's too late because they see the bitcoin price at the beginning and what is happening now, of course it becomes a regret (if you look at the financial advantage). But if speaking as a whole it is never too late, it is clear this is an asset created for the future and that future is not just now but beyond.
My advice is not to always look at the profit side of money, but to look wider than that. It would be a shame to only see it from one side.

It really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!

I believe the reason why we keep seeing people asking this particular question is that people are only focusing on the profit side of Bitcoin investment which I also believe has kind of dominated Bitcoin with new investors. They believe those that knew about Bitcoin earlier and did invest or got into Bitcoin mining then would have been the most successful ones today in terms of Profit Value which might not be possible with new investors today. 

The correct time is now. It might be late for many, but it is worth considering now rather than waiting until later than now. Bitcoin's value will increase over time.

look at the journey of bitcoin since 2009 until this year always provides a very extraordinary ATH price. so there is no delay to join invest in bitcoin.
don't hesitate to invest in bitcoin for the long term as long as you already have the basics of investing in bitcoin it all looks good. we all here firmly believe that bitcoin in the future will continue to provide a party place for investors who have believed in bitcoin when the bull season comes again.
this is your start to join in the next party dude

Bitcoin is meant to be a global currency. Nobody thinks of Euro adopters as being early or late. You can never be too late in adopting a new financial instrument. There is some possibility that you'll make a substantial profit but this is not guaranteed. All you can hope for is that more people will understand the benefits of using Bitcoin and greater adoption will be beneficial to everyone, not just the ones who were early.

There's already two countries in which Bitcoin is legal tender, El Salvador and Central African Republic.

This seems like a bit of a race against countries making CBDCs legal tender, like Bahama's Sand Dollar, Jamaica's Jam-Dex, and Nigeria's eNaira.

It's never late to join the "Bitcoin party". The cryptocurrency constantly evolves, so it's hard to catch up with the latest developments on the industry. Those who get in now will be considered early adopters in the future. I'd say Bitcoin still hasn't reached the mainstream, even though its more popular than it was in its early days. Many experts have predicted a Bitcoin price of $1m in the future.

Besides, there are a lot of countries that are yet to approve Bitcoin as legal tender (or use it officially as an alternative to Fiat). It's hoped that El Salvador's move will encourage other countries to do the same. Once the world embraces Bitcoin as an alternative to Fiat, then "hyperbitcoinization" will be realized. Early adopters like us will surely become filthy rich if that happens. Bitcoin is just starting to blossom so I'd suggest anyone to buy it at a cheap price before it's too late. Just my opinion

If we do compare out Crypto potential earnings or profits than into those typical markets or investments like forex,stocks,bonds etc. then you would definitely able to make out some obvious comparison but of course
it does have that security and assurance issue.When it comes to potential then we do still have doubts and this is where other people will really be hesitating on dealing on it which is something
understandable.
Investing is never been late, some might really be just keeping on looking back into those potential profits if they had just get in early
but theres nothing we can do since past is past.We need to move forward and be wise on further actions to be made.

In what other commodity could you expect your money to go 25 x in 20 years? That's quite a positive prediction.

You can start whenever you want because many crypto's are being created and between the 95% that is made to fail there are actually some good projects out there.
There is too much going on for not to find some interesting project. You can easily build a small business around crypto's. A whole new industry was fabricated since 2009 and it won't go away.

there is never be a late in the party talking about Bitcoin investing , there are so many cases that that people thought it is late but after few months bitcoin take its hype and they blame themselves from being afraid taking the risk.
this currency is full of excitement and the best way to make money is invest and Hold for long term or at least 3-5 years again..
sorry mate but there is no such word as Late in crypto investment or using because this is the future of currencies and having this will always be our priority if we wanted to be with the future.

Since you are early to the party now to follow the rules and regulations that guide Bitcoin in the community, it will really help you to make what other Bitcoin users are making in the community. Since the old Bitcoin users are still experiencing bear market in the community, which is very good for new Bitcoin users to be part of this party to buy Bitcoin at a lower price and hold until the price of the market turn to bull before he or she can sell in the market to make profits.

Well, what actually is the party we are talking about?
Buying low or buying high? or Selling low or Selling high? I'm not really sure what this party really means but maybe it was referring to the time that Bitcoin will reach its ATH. Well, in that part - I'd say that early investors are too lucky enough to have Bitcoin at a cheaper price. And these newcomers have no way to think that they are not late, of course, they are. But we never make use of this to think that we don't have the chance to accumulate more Bitcoins and earn a profit because the chances are still there, only we need to take risks and adopt the system.

When you think about miners for example, they were mining with a CPU in 2009, and getting 50 BTC per hit.

Now, you usually get shares, not a full block, but the thing is that the amount in fiat terms is similar to what a miner was getting in 2009. Actually early bitcoins were basically worthless in 2009 because you couldn't trade them for anything.

So, if you mine today, and wait a decade, that small amount could be worth a lot in 2032.

That means that there are continuous parties in the future, you just need to wait.

Also now there are also other alternatives to use Bitcoin with, like lightning, which is revolutionary and wasn't available in the early days.

More new things will exist in the future, making new parties.