If you think about it, the reasons why the price of Bitcoin, and more importantly the purchasing power of it, has continued to go up over the years remain valid today, and into the future.
Bitcoin has a limited supply, and every year there's more and more demand for it. This will probably continue to happen.
People were saying the same when Bitcoin was priced at $1k, and at every other milestone. It will always feel like it's too expensive because it's an ever appreciating asset. It's designed to be like that.
Topic: Are new bitcoin users early or late to the party? - page 8. (Read 4130 times)
I thought of myself also late in bitcoin, I've started or hearing things about bitcoin few years after bitcoin was invented so I might actually be late but guess what If we tell people today that I've started using bitcoin that year they will be amaze how early I am. It would be the same as today. In the future people who just got started will tell themselves they are late and the people who just started this year can tell that they are early. Speculatively Bitcoin might be our future leading currency, well nobody knows so we might actually use bitcoin for a really really long time.
If we think that we're late to the usage of bitcoin, then it is wrong understanding about the market. According to me, the market will showcase everything available. It is us to decide and buy it. The market is bullish for a long and now it has turned bearish. Probably this trend will continue for some time period. So, users can use it to fill their bags.
Beginners will always end up being overtly scared of every single volatile movement, that is going to change the more they see it because they will eventually get used to it. Having daily profit would be impossible for the long term as well, I mean you could profit for a day, a week, or maybe even a month if you are lucky and a veteran but eventually you will lose, nobody should be focusing on making a profit every day.
btc value is not cheap anymore but no because there are more to come in the btc's value. Don't regret if you haven't joined early because the ath or the increase before was cheaper than the ath/standard price now and I believe that most people already sold their coins because they don't know what the future awaits with btc and they are already happy seeing those price. Majority of those people are the same as you, they started with a new investment again.
For you to be able to see the same gains on 2010, 2013, and 2017, the price must dump heavily first but I don't think that was possible. The lowest we can get right now is only 30k.
I would say that if you end up buying at closer to bottom and sell at closer to peak each time it happens, it happens like once a year and you could easily double your money at the very least when it happens. Imagine having a 2x every single year, of course it is not easy to do that, but the question is not "is it easy to make money" it is if it is possible and I would say that it is possible.For you to be able to see the same gains on 2010, 2013, and 2017, the price must dump heavily first but I don't think that was possible. The lowest we can get right now is only 30k.
Anyone who joins bitcoin today, and doubles their money that way every year, then they are going to end up making money which would be getting them wealthy in a decade or so. So nobody is too late, they may not be great traders and cause them to not make money enough, but they are not late, that won't be the reason.
Today is not the first time we heard about bitcoin, we are hearing words Bitcoin and Cryptocurrencies for years in media, tv, newspapers, and where not. Some people heard about bitcoin in 2015, did nothing, then they and some other people heard again in 2016, did nothing, this trend continues with the hope that it's a bubble that will bust and everyone who invested in bitcoins will be fucked. Seriously, people around me were obsessed with this thought. People were always saying it's too late to invest in it but as this fucking chart shows it was never late.
Didn't you notice one important thing? Bitcoin's price always rises after halving. Halving means that every four years you earn 1/2 reward of the mined block. It divides and divides every four years.
Now, reminder:
Only three out of the 32 bitcoin halvings have occurred, do you really think that it's late to the party?
Didn't you notice one important thing? Bitcoin's price always rises after halving. Halving means that every four years you earn 1/2 reward of the mined block. It divides and divides every four years.
Now, reminder:
Only three out of the 32 bitcoin halvings have occurred, do you really think that it's late to the party?
Bitcoin values still not stable and changed nowadays looks worry for the beginner not have based on their expectation, maybe when investing on bitcoin and price drop their mentality is not ready. Maybe still not late enter on crypto but always waiting with lower price for investing, don't worry without achievement profit on daily day but how keep consistent profit weekly without to be long term investor after price drop and need waiting more than two or four months later to get profit.
Beginners will always end up being overtly scared of every single volatile movement, that is going to change the more they see it because they will eventually get used to it. Having daily profit would be impossible for the long term as well, I mean you could profit for a day, a week, or maybe even a month if you are lucky and a veteran but eventually you will lose, nobody should be focusing on making a profit every day.Long term investors thrive in that situation, I have been holding bitcoin so long that even if it drops to 20k I will still be in profit and that is what I love about bitcoin, it is a long term appreciating asset.
In my opinion I will say, "No new bitcoin users are not late or early for investment". Because the current market situation is in dip. I think this is the perfect time for investment . And in this Crypto world if you can analysis and read market situation Then you can make money anytime and there will be no time table for your investment.
Whenever it dips, that's always the call for buying and is labeled as a good time to buy. We'll always be in that situation as we are long term holders here. It's the discouragement that people feel whenever they see the charts but they're not optimistic about the future of it.If they compare that it could happen again in the next few years to come, they'll not tell that they're too late already. But the balls of them are moving back because it is uncertain and speculative.
The problem was the fact that we are talking about how we could change something and I failed to do that. I personally believe that we should be a bit more careful about our feelings when trading and most newbies are failing at that part, even if they know what they should do, they may still end up failing to do it.
The best time to invest in Bitcoin is when you are familiar with Bitcoin and already have the capital to invest. I think it's too late for people who don't want to take risks. They are always wary of failure and never want to try, and ultimately regret often comes to them for never taking a chance. we can't determine the lowest price that will happen again on Bitcoin, so talking about when is the right time to invest is when you already know and understand how to trade and how to take profits. Do not equate between 2010, 2013 and 2017. With Bitcoin's current lead, it is impossible for Bitcoin to return to past prices, of course Bitcoin will move forward and reach new ATH in the future.
Anyone that missed out when BTC was around $1 is definitely late to the party because that would have been the best time to get in,
But there are still huge opportunity to new BTC users currently coming into the market if we a look at future price of btc according to plan B. If that becomes possibility , it means that the new users would no longer be seen as entering late to btc market.
But there are still huge opportunity to new BTC users currently coming into the market if we a look at future price of btc according to plan B. If that becomes possibility , it means that the new users would no longer be seen as entering late to btc market.
Now you see the high price to compare between 2013 and 2017. Have you ever thought that when you were in 2017 you also felt too late for not taking the opportunity to invest in 2013. I don't think it's too late to invest in crypto. The word late is only for beginners who have never tried and don't want to see further how the potential for crypto progress in the future. Bitcoin is a place where people invest long term, and those who have made big profits will also be more eager to wait for ATH to return. For me this is the right time, you will regret if you don't take this opportunity to invest. And your current thoughts will repeat itself, that 2021 is the right time to invest.
Well you’re kind of right, When something like this comes out newly, the profit that can be gotten from it is usually high, but as time goes on the profitability begins to drop. You are right, you won’t be able to make the level of profit you would have made back then, and that was because Bitcoin had a small market cap, and can even be manipulated easily.
Every huge investment that was made into it back then were more likely to make an impact that would cause the price to soar higher, but that is not the same these days. That’s why you would see huge investment go into the market these days, but there wouldn’t be any much changes. It is more stable now than it used to be then. But that doesn’t mean you shouldn’t invest, because there is still that opportunity to make profit. At least we all believe that soon the price would be double of what it is today.
Every huge investment that was made into it back then were more likely to make an impact that would cause the price to soar higher, but that is not the same these days. That’s why you would see huge investment go into the market these days, but there wouldn’t be any much changes. It is more stable now than it used to be then. But that doesn’t mean you shouldn’t invest, because there is still that opportunity to make profit. At least we all believe that soon the price would be double of what it is today.
I feel getting into bitcoin is never late . Bitcoin is a digital gold that possesses ever-growing value . I at initial stage made wrong assumption when i got in but eventually i realized getting into bitcoin in any season is never a wrong choice . Ever since the invention of bitcoin, the value has been moving upward and there is possibility we reach half a million dollar in few years time . Getting into bitcoin at anytime is not bad . Personally , i buy bitcoin any time i have the funds and i never regretted my actions.
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
I would say yes and no. Yes, because btc value is not cheap anymore but no because there are more to come in the btc's value. Don't regret if you haven't joined early because the ath or the increase before was cheaper than the ath/standard price now and I believe that most people already sold their coins because they don't know what the future awaits with btc and they are already happy seeing those price. Majority of those people are the same as you, they started with a new investment again.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
For you to be able to see the same gains on 2010, 2013, and 2017, the price must dump heavily first but I don't think that was possible. The lowest we can get right now is only 30k.
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This. I like this response to be honest. Either way, what is the point of regretting not to be here early if that won't even help you and your money grow.Just buy the dip and hodl and who knows if you become like the OG investors back in the days.
Just like how generations get passed into, lol.
Just as OP thinks, there are also some who believe that it is too late to invest in bitcoin and the answer is NO.
It is never too late to invest in bitcoin, why hesitate? when there are nations adopting bitcoin, institutions, companies for some reason do it and we know it from the beginning.
If we take a look at the ranking of companies by market capitalization. We realize that bitcoin occupies position number 9 with a capital market of $732.85 B one step away from surpassing Tesla.
Before hesitating, let's make the best decision because we have an invitation to the bitcoin party issued since its inception because never before have we had the freedom to invest in an asset in the world like now.
https://companiesmarketcap.com/assets-by-market-cap/
It is never too late to invest in bitcoin, why hesitate? when there are nations adopting bitcoin, institutions, companies for some reason do it and we know it from the beginning.
If we take a look at the ranking of companies by market capitalization. We realize that bitcoin occupies position number 9 with a capital market of $732.85 B one step away from surpassing Tesla.
Before hesitating, let's make the best decision because we have an invitation to the bitcoin party issued since its inception because never before have we had the freedom to invest in an asset in the world like now.
https://companiesmarketcap.com/assets-by-market-cap/
Do you dream that you will feel happy about it, and whether you are in 2013 or 2017 will you be strong enough to hold bitcoin there? 
Today many say they regret not being in those times and think as if being in those times was very easy. In reality, it's not as easy as it seems, it's even more difficult than it is now
Today many say they regret not being in those times and think as if being in those times was very easy. In reality, it's not as easy as it seems, it's even more difficult than it is now
If you invested $100 in bitcoin in 2009, the amount you earned would have been in the millions of dollars. And if you invest $1,000 this year, maybe 10 years from now you'll have billions of dollars. Building long-term trust is what makes bitcoin so profitable, because it possesses high growth potential. Opportunity cannot be obtained without taking risks. It will not be late if your thinking and actions completely believe in the real nature of bitcoin.
Not getting in earlier is something you could be sad about but can't change right now, it is just a fact at this moment. Time is linear and can't be rewind, so you have to actually face the truth and move on. If you keep on not getting in even today, then you will be even more upset.
The moment you realize you can get in, you should get in and that's it, anything later than that is bad decision BUT if you still avoid it because it's too late then you will be doing badly. I had a friend who learned about it in 2017 and didn't get in because it was already 20k, and then he didn't get in after it went down even though I told him to get in, and he said it was just too late to get in, it is already "over", and we know the rest.
The moment you realize you can get in, you should get in and that's it, anything later than that is bad decision BUT if you still avoid it because it's too late then you will be doing badly. I had a friend who learned about it in 2017 and didn't get in because it was already 20k, and then he didn't get in after it went down even though I told him to get in, and he said it was just too late to get in, it is already "over", and we know the rest.
I believeeve the early bird catches the worm but it is never late for a new bitcoiners,because in as much as they got time beeping they should make use of it faster and get on track and start investing to see differenceBTC 
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