Topic: I found my reason, you can also find yours if you try - page 3. (Read 858 times)

The assumption of investing too late in Bitcoin arises when the current value of Bitcoin is much higher than it was a few years ago. In fact, this is just a game of cross-thinking of each individual, if you are in the midst of investors who have been in the crypto space for a long time, you may feel that you are too late. But if you live among a group of people who have no knowledge about Bitcoin, you certainly feel lucky because you have knowledge about Bitcoin before them. Bitcoin is still very young, the potential for greater adoption in the future, of course it will be a great opportunity for those of you who are trying to accumulate the amount slowly.

First of all, doing this might have people thinking you are offering them a scam project and might be wary of bitcoin since then.
Actually there’s a lot of old people too who are well informed about bitcoin. We always talk about age that we usually overlook social class. Poor to middle class people, no matter the age, are more likely to not know about bitcoin and investment and so in. While upper middle to rich people have more interest in investing and cryptocurrencies.

So it really depends on these things. If I go to a place where the people are mostly rich ones, I am sure they would have an idea of what bitcoin is.

Thank you for sharing your views and great work. Indeed, the public assessment system is an excellent way to estimate a property's potential. True, Bitcoin is relatively new compared to conventional assets. And mass understanding might take time.

I agree that continuous education and informing people about Bitcoin is very important to a high adoption rate. Like you said, even though few people currently understand or know much about Bitcoin, that does not mean it is too late to invest.

I also believe in the value of thorough research, considering many factors before any kind of investment decisions. Considering, of course, the bright future which many believe awaits Bitcoin, one should be informed and cautious with any investment. That will always be a good thing. Thank you again for this thought-provoking challenge!


This is a big plus: we are in the very first days of Bitcoin. It's nice to see how even people who sell too quickly can get opportunities to buy back or upgrade. The participation of big companies and corporate investors enhances our powers.

I agree, it should be recognized as pioneers. Bitcoin's journey is still going on. Growth and new innovative ideas are also possible. Patience might also turn out to be a good strategy for all those awaiting the dark purchase. It's exciting to think we're helping and witnessing new technology startups that may shape the future.

This is our biggest advantage to other people. Include also those people who regretted selling their Bitcoin too early before because there's always a chance to buy again or accumulate again Bitcoin. It's not always too late, think about those big companies buying Bitcoin as they deserve, those are millions and billions.
Shout out also to those people who told me they would start to buy once the price dips or falls on their target price of buying.

We can consider ourselves now as pioneers, where we are still in early days of Bitcoin.

For a human life, 16 years may be a long time, but for the development of the world or compared to other assets, it is very small. If you compare bitcoin to metals that have a history of thousands of years, the stock market that has a history of hundreds of years...then bitcoin is nothing more than a newborn baby. So, as you said: bitcoin and cryptocurrencies are just in their infancy and have a lot of promise in the future.

But it cannot be denied that the fact that bitcoin is still not popular shows its potential but it also reflects that there will be certain risks that we have to face. Bitcoin's popularity and legitimacy actually make it riskier than traditional assets, but opportunities always come with risks and opportunities are only for those who dare to step out of their comfort zone and take risks.

It is true that the people of earlier days, especially around 2010, who knew about the value of Bitcoin and invested in Bitcoin, have now become billionaires and millionaires. The right time to invest in Bitcoin should always be considered because if you have enough opportunity then invest in Bitcoin now. Bitcoin will be considered a valuable virtual currency in the coming world and whoever owns Bitcoin has a different kind of expressive power.  Bitcoin will be preferred as the world's wealth standard and the more bitcoins one has, the more the world's rich will be included.

I think that most people have heard of attacks that are related to Bitcoin, the $5 wrench attacks and that's why they prefer to say if they know about Bitcoin or not to people that they only know and not to strangers. But this isn't about that but all about how early most people still are if they're going to invest into Bitcoin. IMO this is like always the bull run and cycles that we are having.

Every time someone invests on these cycles, we'd say that they're quite late because we're too early compared to them. But this is one reality that they need to realize that they're still earlier compared to most people in the world that either knew Bitcoin but don't buy or completely have no idea what it is. Looking at that scene, those that are going to buy will feel good about that because compared to them, they're still earlier than those people that aren't doing some actions and initiating their Bitcoin investments.

The thing that makes them say that it's too late to be in bitcoin is actually just an excuse where they don't want to be in bitcoin because they are not sure whether it will be profitable for them or not.  I always feel that is the reason because since I have been in bitcoin from 2020 the words about “it's too late to be in bitcoin” have always been heard from some people who don't even understand what bitcoin is so I don't think there is a special reason to follow and consider that it is too late to be in bitcoin because in the end it will make you even more behind from other people who are in bitcoin.

In addition  what I can see from this is that those who say its too late for bitcoin are those who are stuck with past regrets where they regret not buying bitcoin when it was below which they were able to do which made them hope that it would return but of course things like that will not be repeated for bitcoin especially when the process and progress are always good like now.

This has been what everyone knows here. When you go to places where there is no technological knowledge and advancement, they hardly know anything about Bitcoin even though there will be people among them that knows what it is and how it works. In my location, several people have no knowledge about Bitcoin, and some of them are still taking anything related to cryptocurrency as Ponzi schemes, and they are regarding it as scam; but recently, they are now trying to be involved because of the little money they get in Telegram based games.

People are getting to know crypto recently through the trend not Telegram based games which has brought more popularity to the crypto community even though most of them have no knowledge about what the crypto is all about.

I will want all these newbies in crypto to know the exact difference between Bitcoin and altcoins so that they can know how to value Bitcoin and hold instead of wasting all they have earned in telegram based projects; they should learn how to hold Bitcoin because it will help them in the future.

Yeah for sure the idea is a very understable one, though is majorly focus on those people who still believe that is too late to start there Bitcoin investment because some persons believe that is already late to invest on Bitcoin since everybody has gone far on there investment, so using that method will certainly help them a lot because from there they would understand that a reasonable percentage of people have not even heard about Bitcoin let alone started investment, so from there they will no that this is the right time to start the process instead of waiting and besides from the way we understand the future of Bitcoin the price is still small compare to there future milestone. Truly there are people you will ask about the value of Bitcoin and they will tell you is equivalent to $1 because they still believe that is very small.

Hmm, quite a logical experiment, anyway I've already acknowledged that it is never too late, but yup in the current timeline and current market price Bitcoin is just super safe to buy, I'm looking forward to your idea, and I'll try this experiment even though I don't need this as I'm already buying a decent amount on every possible opportunity.

Maybe I could be able to record audio or some kind of video as well but keep privacy in the count. But I'm sure some of them would have heard of it even if they dont know about the bitcoins market valuation.

Thats a really interesting idea.  Despite Bitcoin existing for years now, its amazing how many individuals remain unaware of its presence.  However, their ignorance highlights that this technology is still in its infancy and  though, that immaturity offers prospect for Bitcoin can continue maturing.  Theres much room left for this technology to grow.  It reminds me of a time when only a handful of people I knew started using email.

The thing is that the OP is not talking about this forum, he is talking about the older people in the street. So you can’t compare, he mentions street in his own, and I believe that he is saying that it is going to be very hard to see an older person outside in the street that will know bitcoin and also its value, although some people have heard about bitcoin before but don’t know the value of it or the kind of freedom it gives to people.

Furthermore, someone who is already in this forum is supposed to know everything about bitcoin value unless that person is not active in the forum. Because that is what the forum is made of, and as long as you are here to learn, those are the key things you should learn. So you can’t compare who is here and who is outside the forum, regardless of the age, there is a difference in the knowledge.

There are quite a large population of the world that knows about Bitcoin but there are also a wide population that doesn't have any good knowledge about Bitcoin, considering the number of people that are not yet aware of what Bitcoin is, those that have got to know about Bitcoin are very fortunate. There are some people that will know about Bitcoin years later, it could be in the next five or ten years to come and by then Bitcoin must have gone above $150k to $200k which will be an extra advantage to people that are investing in Bitcoin today.

Based on the logic of your theory, buying a new shitcoin can be more profitable than bitcoin cause it's less popular than bitcoin right.

Another question is will it ever be a payment mode in the mass scale?

I am pro bitcoiner and I came here for it's return to be honest cause I realized how much I could have made if I invested early but now things changed, more and more I learn about money I seek why we need to embrace the decentralization of bitcoin than it's volatile nature, its the difference between all the economic breaks before 2008 and so on.

Bitcoin is still unknown to many people. Some people who know Bitcoin do not prefer Bitcoin because they prefer traditional investment instruments. In time, Bticoin will also be included in these people's investments. The fact that Bitcoin is known by more and more people every day and its investors are increasing is good news for both the future of Bitcoin and its investors.

We cannot predict the price of Bitcoin for 5 years from now. Many people who do not know Bitcoin may learn about Bitcoin and invest in time. Many people know the potential of Bitcoin and the number of people who know this potential is increasing day by day.

I want to do this, but I have difficulty in speaking with other people (disadvantages of being an introvert), but in our community, not a single person knows about Bitcoin. I have friends though that knows Bitcoin and investing into it, but they're outside our place.

Just by looking at this quote from a certain website: LINK
Well, I've been doing it for a long time already, but I will not be holding Bitcoin for like 5 years or 10 years. As an investor, my main goal is to make profit on every single asset, and if I see a perfect opportunity to sell then I will sell it immediately. I would say that Bitcoin is future, and the adoption is increasing annually. It's just amazing that we're involved into Bitcoin at this early (I consider it early still).

And one failed thought of them is to think about is... If the price of Bitcoin has not been so increasing in appreciation for investors, how would they profit from it?
If it was such a stable value and does not have that increase in price potentials as it has grown higher today, what would be the essence of investing in it?

Therefore, the highily increase of Bitcoin price of today's should had been a fact to hold on to that... If Bitcoin could be $$1 years back and it was for instance $100K today, that means beginners who just entered into the investment stand all chances to hit higher price of making profits in as much Bitcoin remains potentially volatile and  they could hold their assets patiently while in a long or short term determines their dividends.

They acts ridiculously like... There is no inflation and deflation in the stock market economy system where price of goods worth $1 years back a present year is worth $10 which means in years ahead higher prices in same stock could be expected.
Moreover, it is not compulsory that one must buy a whole one Bitcoin but can always buy as much as affordable and just hold. Then you still remains a potential Bitcoin Investor to make profits.

They are not too late to invest in Bitcoin while the price is not increase. If they feels doubt to do that, they need to learn more about the investing in Bitcoin. When they want to read more information about Bitcoin investment, they will see that Bitcoin gives benefit to them.

They should know that many people out there doesn't know about Bitcoin. If they can realizes that they have much time to join in Bitcoin investment, they will see that they will be the one who lucky that have Bitcoin. When Bitcoin become mainstream, they will take the benefit for themselves.

They must open their mind to accept something such as Bitcoin and see the benefit of Bitcoin to them. That will make them amaze when they see the profit that they can get after they start to invest in Bitcoin and see the price increase. But we don't have to force them to invest in Bitcoin because we just inform them about Bitcoin and let them decide.

Many young people these days have smart phones but they don't really make use of it in researching about bitcoin. Like the Op said majority of the young people these days don't really know about bitcoin. Yes airdrops are popular now but it is not Bitcoin that they are getting airdropped.  Majority of those that are participating in those airdrops have no clue on how to go about it and what it represents. Majority thinks it's just some mega business that needs social media exposure. They only do the social task and referrals without really knowing what they are doing and at the end of the day when they eventually get the tokens airdropped to them, they find it difficult to convert it to usdt or Bitcoin. Instead they rely other individuals who have the Bitcoin knowledge to sell it for them. They don't have interest to learn how to do it themselves. Lots of young people that have access to Internet are not into bitcoin, they know nothing about it, especially in Africa this is very common.