Is It Late To Invest In Bitcoin? - page 6.

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Quote from: ajiz138 on November 04, 2023, 11:15:19 AM

Quote from: aysg76 on November 04, 2023, 10:51:27 AM

The similar threads we have from last ten years like is it late or have we missed the boat.While we are waiting for the right time the only thing that comes after is regret that we should have invested at that time.If you are long term holder and have patience with believe it will grow invest without asking such questions and it's not too late for you.

Hahaha people always ask about this so looking back of course regretting having missed the ship that was supposed to sail long ago.
It has been said that no one is late in the sense that the ship is still waiting for us to start the journey to sail if they already have considerable patience then it will not be a problem at any price because we will always assume that bitcoin will always increase every cycle.
People who keep asking if I'm late or not are usually not likely to buy because they will just keep asking without doing anything.

What do we expect? There will always be new people who just discovered crypto but just wait, as there will be a time in the future that all people are now here. That is going to be the time for us to not see a thread like this anymore. They shouldn't regret if they are genuinely new. And for those who aren't, they are still being given a chance. BTC did already sail but it hasn't arrived on his destination yet.

It's normal to assume that BTC will always rise but the truth is there are also down times. But BTC still tries its best to recover and break another record or ATH. For questions like this, our response must always be positive so that those people won't be discouraged.

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Investing in Bitcoins does not have a specific time frame, rather you invest when you have the funds and time to invest. Moreover, there is no specific time frame for blockchain, you can learn about blockchain at any time just like you can invest in Bitcoin at any time. But it would be wise to invest before the next halving.

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Quote from: TakeItEasy on November 04, 2023, 02:03:32 PM

Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

There is not only Bitcoin in the world. Do you think in trading there is no other coin than bitcoin? Bitcoin is quite better to invest but it is not at the end of its life if its price goes up, because in the past its price was about $60k+ and now we have seen it was below $20k and now we are seeing it is more than $30k and it has a great price and pump now as compared previously when it was below $20k but as compared to its highest ATH we have seen it is less than its half. So, you have much time to buy it and still, you have a chance, as in the next year there is bitcoin halving and you can get more profit to hold bitcoin and start your planning for the bitcoin to buy and take entry at some good prices which may be profitable for you in the future.

You are not in a situation where it is still late regarding the Bitcoin price. At the same time, Bitcoin always provides an opportunity to buy. You know how far the current Bitcoin price is from ATH.

Also, as it is said, there is not only Bitcoin. There are many altcoins and many altcoins are promising. If you are determined to invest, you can also turn to altcoins. I can't help you which coins to buy. Watch, learn and research the market. It is never too late to invest in the crypto market.

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Never too late to invest on something as profitable as bitcoin. if it were no one would be investing in it now anymore, nor would there be anyone who would've raked money and profits by the millions in 2020. Imagine that.
The greatest thing about investing in bitcoin is that, out of all cryptocurrencies on the market, it's the safest choice to make since it doesn't keep you out of options at the end of the day. And out of all cryptocurrencies on the market, it's the most reliable when it comes to come backs by a landslide.

So yeah, the best time to invest in bitcoin is way back 10 years ago. The second best time to invest in it is now. Don't bother worrying about if bitcoin's still profitable or not this year, it always is and always will be.

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

Do you still believe all those videos you see on YouTube? Most of them are just posting because they want views and subscribers, everyone is just posting because of subscribers. We all know that the bitcoin price today can’t be compared with the price around 2018. People who discourage bitcoin investment due to its high price are wrong. If you don’t invest in bitcoin now, then you are already making a mistake. The bitcoin price is still very low. Just wait and see the price at which you will see bitcoin in the next few years. It’s not a must to hold 1 bitcoin, no amount of bitcoin is too low.

Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Since you didn’t invest in 2013, and you didn’t invest in 2018, if you miss another opportunity by 2023, then you will end up regretting in the future why you didn’t invest now. Whenever you keep on complaining about the bitcoin price being high, and you don’t invest, then you will keep on missing out.

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Quote from: wallet4bitcoin on November 04, 2023, 07:49:03 PM

No time is ever late to invest in Bitcoin, it is general knowledge that we all are still early in the blockchain technology and for investors in Bitcoin, it is considered that we all are still early as Bitcoin is still very much affordable for anyone to afford one complete unit of Bitcoin. It will get to an era where a Satoshi might cost upto a cent or a dollar. At that point, people will still buy but its gonna be very expensive to own a whole unit of Bitcoin.

People who don't want to start will always say the word late because to comfort themselves these words are the only excuse for them. Even though bitcoin has reached a high price there are a number of ways that people can do it and there is no reason to be late even if they don't have much money to engage in investment. We have seen how investing in bitcoin can guarantee value and price should not be a big problem because there are certain patterns and ways for us to enter the market to buy it.

When we don't have a large amount of money to buy one bitcoin, there is a DCA method that can be done to buy gradually and stably at any time according to the period we apply. Buying in small amounts with the DCA pattern will be much better than waiting for a lot of money and then entering the market to accumulate, it is never too late if people intend to do this because there are several ways that can be done according to several strategies that have been suggested.

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

We shouldn't believe everything it's said on the web. There are many people claiming to be experts about a subject, only to find out that they don't know anything about it. Bitcoin may've risen to popularity lately, but it's still far from being a mainstream cryptocurrency. Considering that not even a spot ETF has been approved, while many people are unaware of the cryptocurrency, tells us we're still early to the game. It's only late once BTC becomes a part of our daily life. El Salvador adopting BTC as legal tender is the first step towards mainstream adoption.

I think this is only the beginning of a long journey for Bitcoin. With big investors pouring money into the crypto market, it should only be a matter of time before BTC goes all the way to "Mars". The question is: Are you buying? Cheesy

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

You're thinking about buying because you've noticed that the price of Bitcoin has soared now. if you weren't here, you might not be saying this foolish stuff. Sure, anyone can buy Bitcoin, but decisions made in the past can't be an issue for the present. If you had bought Bitcoin back then, I'm pretty sure you would have sold it within a few months. That's FOMO thinking.

Now that Bitcoin's price is around $34k, and you don't want to buy it? i bet it's because the future still seems uncertain to you. Your confidence is still lacking, and if you miss this opportunity, the price of Bitcoin could rise to surprising levels... and then you'll regret not buying it earlier. Stop your nonsense. If you believe Bitcoin can provide security, go ahead and buy it. You can buy it with the fiat you have because there's no minimum limit to purchase Bitcoin.

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Quote from: DabsPoorVersion on November 04, 2023, 02:15:37 AM

Quote from: Tony116 on November 03, 2023, 09:57:55 PM

-snip

The cause of the fear and lack of trust is because of the lack of knowledge about Bitcoin. The way people see the current price of Bitcoin makes them think that there's no way to afford it, so they better wait for the price to drop, which is the same as in the past, and thinks it will fall back to a specific price.

As well as people are afraid to invest due to the possibility of losing their investment if suddenly the price of Bitcoin goes down. They keep on waiting for the opportunity to enter the market until they have no chance to purchase anymore.

Yes, perhaps ignorance is also the cause of fear and distrust. But there are also people who have learned everything about bitcoin but they are still skeptical about bitcoin, they do not believe that it can continue to go further, the doubt is always in them and from there makes them afraid of bitcoin.

And I think waiting is not a good idea because we have no guarantee that the price will definitely decrease. Like October, many expected the price to drop below $25k, but bitcoin is currently trading at $35k. Waiting is not a wise solution in this market.

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Quote from: CarnagexD on November 05, 2023, 01:53:30 AM

There's about 100 years left before the last bitcoin will ever be mined and given that a lot of analysts has already concluded that bitcoin's here to stay, I don't think that your pessimistic view that it's already too late to invest in bitcoin is grounded in anything logical because the price grows eventually and no matter what year or price you're going to buy your first bitcoin, it's always going to be giving you a profit if you're to hold out for the long-term which a lot of bitcoin investors do, they buy and accumulate and HODL until something big happens like the new all-time high showing up.

Sure bitcoin will continue to rise but I think the reason OP is feeling bad and pathetic is that he missed out on millions of percent of profits by not buying bitcoin sooner. He is expecting and wants a huge profit, not the x3 or x5 profit we are looking for, I guess that's why he wrote this topic. If my prediction is correct, he is too late to invest in bitcoin because bitcoin will no longer be able to bring such thousands of percent profits. Those things will never happen again.

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There's about 100 years left before the last bitcoin will ever be mined and given that a lot of analysts has already concluded that bitcoin's here to stay, I don't think that your pessimistic view that it's already too late to invest in bitcoin is grounded in anything logical because the price grows eventually and no matter what year or price you're going to buy your first bitcoin, it's always going to be giving you a profit if you're to hold out for the long-term which a lot of bitcoin investors do, they buy and accumulate and HODL until something big happens like the new all-time high showing up.

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

It is never too late to invest in Bitcoin. You still have the opportunity to buy Bitcoin at a comparatively lower price. The bull run is near, and the market correction is about to be over. After Bitcoin halves, the price of BTC will increase, and Bitcoin will reach a new all-time high in 2025.

Do not listen to these Youtubers because they will try to sell you shit coins because they are no expert in trading, and most of them will not respond when there will be a price dip. They are here to get an advantage of the Bitcoin popularity, that's it. Their prediction about Bitcoin prices is always wrong.

Use the DCA strategy to invest because this will not burden your pocket, and you will get some BTC in the future. Invest in BTC so that you will not regret your decision after 5 years because the price will continue to increase, and the predictions are that the price might hit $100,000 or more in the next bull run.

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Quote from: Dimitri94 on November 04, 2023, 11:22:45 PM

Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

Investors have had to go through various criticisms of Bitcoin since its inception. However, while initially not too excited about the Bitcoin price, many later regretted its high price. There are many Bitcoin enthusiasts who often comment on Bitcoin that they are really too late to buy Bitcoin or have they really missed a golden opportunity to recover? Many such questions arise among investors.

The main point here is that we have to consider the price of Bitcoin in the past and its current price and how the trend of increasing interest in Bitcoin is going over time. etc. When these things are considered we can easily guess whether we are really late and have a great chance in our future. Current price of bitcoin is $35000 and if it is 1 million in next 5-10 years then we can say that we still have chance.

Don't let 5 or 10 years from now we regret the same thing and say it was too late to invest in Bitcoin.
I think it is never too late if the investment still has potential in the future, if at the current price and you are sure that the future will be better then enter immediately.
I think that what has happened does not need to be regretted, but should be used as a lesson so that we don't experience the same regret.

There is currently a lot of speculation that the price of Bitcoin in the future will exceed what it is now, so it's better to prepare yourself and enter at the right moment.
If an investment has very good potential for the future, never look back, just focus on my future, in Bitcoin so far I don't think anyone is too late to invest.

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Honestly speaking bitcoin hasn’t really achieved its full potentials. I had a similar experience but mine was different case. I had an opportunity to invest in bitcoin at an early stage when a friend introduced it to me but I didn’t. But today I realized my mistake and decided to start from somewhere. I made some efforts in making sure I understand what bitcoin was all about by going for knowledge. I started by reading the bitcoin whitepaper and other relevant materials online, it was then I realized the true potentials of bitcoin. I must tell you the truth bitcoin is still undervalued at present. So joining bitcoin today is never late. Those people you are calling experts are not the investor of bitcoin and most of them don’t even understand bitcoin potentials, if not at the current price of bitcoin he won’t say you are late. I suggest you go for knowledge first, do proper research on your own. You can start by reading the bitcoin whitepaper to fully understand what bitcoin is all about.

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

Investors have had to go through various criticisms of Bitcoin since its inception. However, while initially not too excited about the Bitcoin price, many later regretted its high price. There are many Bitcoin enthusiasts who often comment on Bitcoin that they are really too late to buy Bitcoin or have they really missed a golden opportunity to recover? Many such questions arise among investors.

The main point here is that we have to consider the price of Bitcoin in the past and its current price and how the trend of increasing interest in Bitcoin is going over time. etc. When these things are considered we can easily guess whether we are really late and have a great chance in our future. Current price of bitcoin is $35000 and if it is 1 million in next 5-10 years then we can say that we still have chance.

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No time is ever late to invest in Bitcoin, it is general knowledge that we all are still early in the blockchain technology and for investors in Bitcoin, it is considered that we all are still early as Bitcoin is still very much affordable for anyone to afford one complete unit of Bitcoin. It will get to an era where a Satoshi might cost upto a cent or a dollar. At that point, people will still buy but its gonna be very expensive to own a whole unit of Bitcoin.

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

To be honest, there is always a market opportunity. If you know what you're doing, you can always make money in the market. But there is what we call profit potential; if we keep wondering if it's too late or not, we waste time, which reduces our potential profit. Instead, you should invest immediately because many are expecting to meet it's ATH or exceed to $100k. However, it is preferable to wait till the retracement stops, which I believe is around $30,000. If you do, you will maximize your profit when the price reaches $100,000. Be positive since there is no such thing as impossible to accomplish in Bitcoin.

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Quote from: kyc040202 on November 02, 2023, 11:47:48 AM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

I wonder how many persons would have swallowed this b******* hook line and sinker without doing their own research. The word expert has been bastardized to the extent whereby any douchebag can call himself an expert in cryptocurrency because they invested in cryptocurrency at an early time or because they have a good number of followers ship on the social media. Until you have done your own research and found out for yourself do not believe these so-called experts some of them are just frauds who would later ask you to pay some money to them for coaching.

Quote

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

The right knowledge will cure any depression you have. You can literally from the comfort of your own home seek out this ubitiquous information for yourself and be free from anxiety and depression. Once the right knowledge comes in , depression will be out of the window.

Silver005

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Well in My own thinking,it is already late to invest in Bitcoin for a common man, while for a Rich man it is never late to invest on Bitcoin,in the early time when the price of Bitcoin is very cheap that alot of people didn't know the value of it,then was the time for a common man to invest in Bitcoin,

But as the chance had passed it is very difficult for a common man to invest on Bitcoin now.

It's a common misconception that it's too late to invest in Bitcoin. While it's true that the price of Bitcoin has increased significantly over the past few years, there are still many reasons to believe that it has room to grow. For one, Bitcoin is still in its early stages of development, and there are many improvements that could be made to its technology. In addition, the global economy is increasingly unstable, and investors are looking for safe havens for their money. Bitcoin has proven to be a good store of value during times of economic turmoil.

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Quote from: CS16 on November 04, 2023, 03:36:35 PM

I would DCA what you can afford to lose every week or month and don't watch crypto-based youtube. Bear in mind you won't be getting any dividends/interest and see where we are next halving. Remember there will only ever be 21 million BTC yet the human population is constantly rising so more people will come in.

Yes, when we DCA, there's no dividend that shall come to us. It's an understanding that people should see because they think that when we suggest to DCA, there's an outright dividend and no there's none. But good to you that you understand how it works and the strategy that you are about to do about doing it on a weekly basis or monthly and then the money that you shall use for that will be good as it is to be there for a long time. And it won't hurt you whatever is going to be the result of that but hey, this is Bitcoin, the most patient ones benefit from it.

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