Topic: Is it too advanced to get into Bitcoin now? - page 5. (Read 1128 times)

You forgot to mention the DCA method which can be helpful in a market situation like this because one doesn't need to rush in and invest all their capital at once if they are making an entry at this point. They can use the DCA method and invest in a portion so that if the market corrects itself later on, they should still have some money left that they can use to buy more and have a better buying average rather than buying with everything they have at once.
Investors at this point should look for the long-term outcome of their investment because if someone has their mindset fixed on the long-term gains, they wouldn't be bothered by short-term corrections and dips even if they have all their capital invested and can't buy more of the dips.

The growth of Bitcoin in 2024 will definitely be different than before. There are several reasons. After 2021, the market reached its lowest level after various negative events in the market. And several events were dragging the Bitcoin price up. Finally, after all the difficulties, Bitcoin has once again gained the confidence of enthusiastic investors. This year the Bitcoin price will increase more than in the past, and the number of coins will naturally increase to $100,000 or more. Many crypto analysts believe that Bitcoin price reaching $150,000 is not surprising.

Bitcoin price has increased tremendously in recent times although it has not touched the previous ATH but may soon cross it. For those who are still wondering if Bitcoin has taken flight, this may be the last chance of the bull run. Anytime Bitcoin will roar.

Well, I think it looks like you're late, but you still have time to save up somehow, so take advantage of every opportunity you have. To make up for it, double your time to accumulate bitcoin; that's what you can see if you're good at it.

It's only two months before halving will begin to happen in this field of bitcoin business; that's the reality of things happening now. After the halving, the countdown to the bull run may start, so hurry up now!

I agree that it is never late to buy BTC, i am actually surprised when people say that they can't buy BTC because the price is already high, take note that if you do not buy now, you will see the price rise higher and regret why you didn't buy then. BTC is already > $50k right now, but there is every possibility that it could be > $100k after the halving, so buying now is a good decision. However, it is worth mentioning that BTC is not a get rich quick scheme and you should also invest what you can afford to lose.

This is not something new, even when Bitcoin touched 100$ people start saying that it's now too late to buy Bitcoin. Today Bitcoin is at 50k and this looks a very high price but we don't know what price Bitcoin will take in coming one or two years. From here Bitcoin might go to 100k or back to 20k, nothing is guaranteed. If you are a long term investor then its never too late to enter into Bitcoin that's what we have learned from Bitcoin price history i.e. price has gone up with time.

One of the main things that you shouldnt really be doing on the time that you are dealing within this market on which its never been that good on having that kind of behavior on which you do keep on listening out other peoples suggestions or advises or telling about this and that. It would really be stirring up your emotions overall on which it would really be affecting you into your investment decisions which i could say that it is really that bad or something not that recommended. How about into those people who had bought on 69k on previous run? For sure there are still people who are holding their position even up to this moment since they do know
that market recovery is inevitable. Trust will really be the key but the main thing that we should bare up into our mind that invest on what you can afford to lose then you would really be just that fine.

People do usually mess up or become that impulsive is on the time that they had invested on the amount that they cant really be able afford to lose and this is why on whatever movement that it do gives out or
brings then they are really that heavily been that affected neither gets happy or get stressed.

Even if bitcoin halving sets in, there’s always a time to buy a ticket. Don’t believe on those who are saying that investing in bitcoin is too early or too late, we are just on time to buy bitcoin. Never wait for some dips to come, the market is uncertain and we can’t tell if we will be seeing another price surge or price decline the following day. So buy now and hold. Bitcoin is always a good buy, whether you are thinking for its long term hodling or short term.

Speculators have predicted that bitcoin may have its new all time high when bitcoin price reaches $100k or above. Whether it will be achieved or not, one thing is certain, bitcoin will eventually hit that amount if not this year, then probably next year.

I wouldn't say that it's too late. It's definitely hard to buy BTC at that price when it was below $20,000 last year, but most likely it will hit new ATH after the halving, this or next year. I would dive into it if I wasn't in BTC already.

The all-time high price of Bitcoin in the next increase is difficult for many people to predict at this time, but it does not need to be thought more deeply by many people who already consider Bitcoin to be a good and still reliable asset for long-term investment. Because the current price is not too far from the ATH that has been achieved in Bitcoin, so the highest price of all time at another level will definitely be reached if the price increase itself can continue to occur in Bitcoin.

So far we are entering bull run, it's never too late to buy Bitcoin now, the price will keep pumping till it reaches it's ATH, so any wise investor can still get a ticket and hop on the train to bull run. Despite what price is now, we are still looking at it to double it's price to reach $100,000 within a year from now, so don't miss the opportunity to buy now and make plenty profit on top of your capital, before the bull run will finish and we start to enter bear season. Do the right thing now and start to buy Bitcoin, it can be the best investment decision that you will make this year.

Every individual who has the desire to invest in Bitcoin can certainly do so whenever they have the readiness to invest both in terms of capital and also the knowledge to be able to carry out this investment and because the price can change at any time of course there is no need to panic for those who are just starting out because the price will change. can recover and it would be better if we can hold the investments we make for a long period of time to be able to get profits from these investments, yes of course it is never too late to start investing and we have to prepare ourselves first so as not to make mistakes in carrying out investment.

Yes, its price is peaking seriously way more than it ever did, and for some of us, becoming too difficult and far to reach.

I remember when 1 BTC was just over $27k and I calculated its worth in my currency, I literally sat down and started breaking down how much and for how long I'd have to save to earn it, or even though, a fraction of it. And now, it's over if not more than $50k as of the time of writing. It really does seem advanced to get into it. But then I remembered that the people who are into it and own fractions of it earning daily by its price rise and happy now and they aren't wizards. If they can do it, then I can do it and more, and then I continue looking for ways to earn it.

So, no matter how advanced it gets, I'll get more advanced until I reach it. That's the attitude we should all walk around it.

   Waiting for Bitcoin' potential crash or invest now depends on the individual decision and his investment ,for me it is still not too late to buy Bitcoin in spite of the price movement, remember when rising,it is also expected to fall , it's not about timing. Bitcoin is still in it's early stage and so it has given a lot of chance for growth,it has not gotten to its peak . The taught or reasoning that it is too late to invest in Bitcoin, will spoil your ability to make make good and enough money.

This is true. Grabbing Bitcoin now is like getting a front-row ticket before the big show. Don't wait until it's all over social media and everyone's talking about it. But it doesnt mean that you should risk everything you have. It's like scoring concert tickets before the hype. Being on the lookout for the right moment in this crypto world is key. So, if you're thinking about it, now might just be the time to make your move especially if you have the money

It's never too late to start investing in bitcoin that what you should know, bitcoin is expected to hit a new all time high this year of 100k and some are even speculating above, and the price now its still around 50k. When bitcoin started many wanted to wait to see how it would turn out, after it reached its first all time high and crashed again around to a few cents, those people still didn't take action and some has been busy watching it and speculating the price of bitcoin till then and even now some are still going to just be watchers of history, bitcoin it's still one of the earliest asset since its discovery, gold has been around for more than 2 centuries now since its was stated as an asset, same with land, properties and other kind of asset, even stock are quite older than bitcoin, but since its emergence bitcoin has shown greater potential than all, in just 13 years of bitcoin as an asset it has grown up to more than a trillion market cap, while gold still lingers around 13-14 trillion, bitcoin still has more potential and is still showing potential to even exceed more than 200 trillion market cap maybe in more years to come.

If you look at Bitcoin structure it was made to be a very scarce asset with only 21 million market supply value and I can't be exceed, if you are a conversant with the law of supply and demand, when goods are scare they would be more demand and hence it would add in value and that exactly how bitcoin was structured, every year new investors continues to look at Bitcoin and yes they would be a time that we would struggle to buy few satoshis and having a whole bitcoin might seem impossible for an average individual, so yes it's still very early to start, but bitcoin, hold bitcoin and you would never regret it in years to come. And the faster you make this decision the better for you.

Bitcoin investment is more reliable to invest on, because is an digital assets that increase from time to time, in the sense that Bitcoin currently price cannot be compare to last year price and it keep increasing from time to time and Bitcoin halving is around the corner that we skyrocket the price for the fourth Bitcoin halving and after having of Bitcoin, the price of Bitcoin shift to next level that no one can predict the actual price of all time high.

I don't know why he left the bitcoin world, maybe for the reason you mentioned or for the safety of him and his family…But I bet that even if he stayed with bitcoin, he wouldn't be able to change anything. He is the creator of bitcoin but the community is the one who has the power to decide what bitcoin is, bitcoin is decentralized, don't forget that. No one turns bitcoin into an investment other than us, the current bitcoin investors.

Furthermore, have you ever wondered if bitcoin is as stable as currency and not profitable? Could it become as popular as it is today? Because as I see it, 99% of people are attracted to bitcoin because of the profit, which is the top reason why people are interested in bitcoin.

OP, it seems that you are answering your own question. Since you are so sure that there's going to be a bull run after the BTC halving, why are you even asking? I can assume that you are one of the people, who are interested of Bitcoin only because of the price and the potential future profits. There's nothing wrong with this, but it kinda proves that Bitcoin is simply another tool of the "casino capitalism" rather than an actual currency. Maybe that's why Satoshi Nakamoto left the Bitcoin world. He didn't want Bitcoin to become a casino capitalism tool, but it was too late for him to change anything.

We will never know if Bitcoin will continue to rise or will correct. Since the introduction of Bitcoin EFT, Bitcoin's price path is extremely unpredictable, this year's cycle may be very different from previous cycles. What will we do if Bitcoin continues to go up and then corrects, then the adjusted price will be close to the price now? So for me personally, buying Bitcoin now with a longer view means the current price is not too high to own Bitcoin. If we hesitate, we may miss an entire bull cycle ahead because with the recent moves of large organizations, I think the upcoming growth cycle will be extremely crazy when the cash flow Pouring into this market is huge.

Bitcoin is a highly volatile asset, cryptocurrency is a financial market, so you can always make a profit if you have enough knowledge and experience . If you are looking for an opportunity to increase your assets by x100, x1000 like bitcoin did before, it is too late for you to start with bitcoin. But if you're here to make a profit and wish to grow your wealth, bitcoin can help you do that more than any other asset .

Not only bitcoin but every financial market will have many ways to make money and making profits will depend on each person's ability , so there is no concept that it is too late to start investing .