Topic: Is it too advanced to get into Bitcoin now? - page 6. (Read 1128 times)

What were those investors doing during the last three years? It is not as if bitcoin suddenly out of nowhere began to go up in value, investors had years to prepare and take an advantageous position, so even if it was too late, which it is not, they have no one else to blame but their own inability to take a decision regarding bitcoin for so long, so I am not a bit sorry for them since they had all the time in the world to do this and they refused to do it.

There is always time to buy bitcoin and it is never too late for some people who hold onto it. Investors have different criteria in formulating investments and some investors actually prefer to play short term to generate profits. For long-term holders, they are currently waiting for the Halving and trying to sell their assets to make big profits.

The unique thing about bitcoin is that it can produce multiple profits and this is proven by the extent to which people can take accumulated purchases and sell them at a profit. But actually it's not just that simple because long-term holders always think about saving and try to buy every time they have a certain amount of money in their hands. Bitcoin has provided a way for us to reach the stage of financial freedom, as long as we know and don't panic in downturns. Bitcoin has become a source of freedom for everyone who dares to take risks and that is why it continues to grow.

Common questions of noobs that doesnt know on how this market behaves or moves.Let me tell you this, there's no such thing on knowing on when bull run starts and no one knows if it had already leave
out those investors but we know that we arent still on halving season yet. We do still have those extreme pullbacks before this market would fly out to the moon. Basing up on my own experience
on which this would really be usually happening on before halving and after halving event. We wont really be able to notice that the price is starting to cling up until it would really be breaking out its current ATH
and would really be making new ones that we dont able to anticipate ever.

This is why it would be best that you should place yourself into the bottom and make those positions so that on the time that bull run happens
then those coins you have been able to invest on would really be having those increase or profits but of course always secure profits when you are already happy.

When you have the money with you to invest in Bitcoin, it never too late to purchase Bitcoin, but it will not allow you to achieve the same equal income with those investors that used the same amount of money to purchased when the price was very low in the market, because you purchased your own Bitcoin when the price is already high in the market. The best season to purchase Bitcoin, if truly you want to make 3x income from your investment, just purchase when there is bearish season and it will help you to make passive income when the bearish season is over from the market. At this current price of Bitcoin, you can purchase Bitcoin and hold for the real bullish to take place before you can market your Bitcoin to make huge amount of income.

There is no specific time required for investing in bitcoin. Invest when you want to consider their financial aspects. The price of bitcoin has reached the position of half and will increase so there is still time to hold. Its wave will increase further during the bull run. Those who invested earlier when bitcoin was undervalued are in a much better position right now it is a good opportunity to invest in bitcoin.

Why do you even think the bitcoin flight has left investors already? If you want to invest in bitcoin, then you should keep on accumulating bitcoin. The bull run hasn’t even started yet, we haven’t even witnessed halving, and we are expecting a bull run after halving, so why do you even think investors are already left out? Don’t just be moved by the current bitcoin price movement. I can say the bitcoin price is still kind of low, and if you miss this opportunity, you might end up regretting why you didn’t invest at the current price later in the future, so you shouldn’t discourage people from investing. The bitcoin price is not really high yet, and if you still have any money that you won’t be using for now, you can still invest.

It is never late to buy bitcoin,  for me i think we just entering the bull market and we are in the beginning of the bull market which the price of bitcoin will Keep on increasing. Bitcoin can still be invested now because the price of bitcoin will get beyond $70 , if one should invest in bitcoin from this current price and hodl it for sometime good profits  can be made. Bitcoin is a good coin for investment,  their is no late time in investing bitcoin.

For the moments that occurred in May 2020, July 2016 and November 2012, this could have happened, but the exact conditions would have been different. Even though it looks quite expensive, the current price is not the highest price. There is still a possibility to reach a higher level than before. so if we buy bitcoin at 51K, it is still possible to move above 65K in the near future. just wait for this moment to arrive because I see good sentiment in the market right now because the opportunity is always there if we want and want to invest in BTC. For halving, I think so, but you must monitor and maintain information and conditions can change at any time without you realizing it.

IMO its never too late to start buying bitcoin, this is a major excuse that most persons give themselves that hinders them, when bitcoin hit 5k some persons thought it was too late, until they saw 20k and 62k and now 51k, the truth is bitcoin would continue to get expensive and  your ticket to follow the flight is to start buying, many are anticipating bitcoin to reach 100k this year and up to 500k in 4 years time, bitcoin might be very expensive now but it's not too late for you to enter the race, if you start now and hold for long then you might also be in profit, bitcoin price grows exponentially and its a scare asset hence it would always increase in value, unlike gold that is been minned everyday bitcoin has a fixed supply and the more people hold the more expensive it would continue to get.

Agreed.  Some people seems not to understand the potential of the block halving and the replication that always happened in the 4years and they are somehow loosing hope on the possibility of Bitcoin reaching a new ATH price due to the market manipulation game that will be played by the organization in charge of spot ETF so they market some profit off the bull market.
No matter the up and down trend in the market as we speak it's sure that Bitcoin will make a new ATH price.

The question that you asked, whether it's advanced to get into Bitcoin now, means whether it's hard to acquire Bitcoin or not. So, to answer that question, it's very easy to buy Bitcoin these days, there are many CEXs and DEXs and even casinos that let you to easily buy Bitcoins via visa/master card. Back then, as far as I know, it was not that simple to buy Bitcoins but it was more possible to buy them without going through KYC procedure.

Bitcoin flight hasn't already left investors, there is still a time to buy Bitcoins and expect profits but the problem is that expectations must be real, no one can gain 100 times more like they did in the past because price is too high to make one Bitcoin worth millions of dollars. So, to my mind up to 5x profit is possible in the next few years.

Bitcoin has always given us time to buy tickets but we are the ones who by virtue of presumption most times fail to catch the next available ticket and wait till another and it then appears like it's late by then, people who as at two weeks ago didn't see it late and bought Bitcoin not minding the price are currently in profit and that's why I said earlier that Bitcoin always gives us that opportunity and ticket to always get on the move but we delay in the bid to look for best opportunity and end up never getting on in time rather we get on later on and think it was late. If only you can exercise patience, you can be sure to still make profit almost at any time you hop on the trend so the best time is always now, get on now and allow for a while and you will be in profit soonest.

Bitcoin is currently making some erratic moves because of some panics around investors trying to get the most they can just before the halving and that's been one of the reasons for the spike because we're approaching the halving as the day goes buy so just before then investors may want to get some more profit to hold onto all through the halving and then get on with the next bull run, so you have still got a good opportunity to still buy and will be profitable in the nearest future.

Bitcoin's potential is still huge today, and it's never too late to own it. I agree with those who see that opportunity still exists. When the price of bitcoin rises like it is now, people will feel that it is too late to own it, but when the price of bitcoin falls, that feeling will remain the same, and see the risk because the price of bitcoin continues to fall.
However, in every situation, there will always be doubts about buying bitcoin. Personally, I see this as still an opportunity before the halving occurs. I'm pretty sure a high price will really be achieved after that.

When bitcoin price was very low that was the time you can invest any amount of Bitcoin you which to, I know investing in Bitcoin is what can be done at anytime but at this time you don't need to go into the market with rush. This is not the time to rush into the market,  bitcoin can be invested but this is the time one really  needs to invest in the amount you can afford to lose, this is not the time to go into the market with a greedy mindset to make money quick in bitcoin.

It is very sure when bitcoin is invested when the price is very low good profit can be made so far as one is hodling, bitcoin price right now is high but it is not a reason for one not to buy bitcoin,  but good decision of the amount of Bitcoin to buy to invest should be made. Some people will make mistake investing in the amount thst they can't afford lose because of how the market is increasing just to make money quick .

i don't know how you're able to come up with the percentage increase in the current price of bitcoin compared to last year but let's assume your figure is right, if those that invested last year can experience theat amount of profit within a short period of time, is that not a good indicator that suggest that of you buy now you will still get profit in the long run?

Investing into bitcoin isn't a short term investment and regardless of the current amount you bought bitcoin at the moment, if you're able to HODL a bit longer, it's going to be a profitable investment. When you compare the current price of bitcoin to the amount it can get to in the next 10 years, you will know that their is nothing like a late time to investing into bitcoin.

exactly the best strategy , buy when your funds is ready and never to seek for another
entry point , this is the reason why many are either being trapped or some blame themselves not
buying because of always having second thoughts.

counting down is not that easy to assume now because remember that halving is not yet happen and
also there are some changes now having Bitcoin ETF on the house.

It is true that bitcoin was created to solve some of the problems of the traditional monetary system, but considering it as an investment it would be inaccurate to say that we should not care about the price. Are you willing to buy bitcoin at $69k in 2021 or will you buy bitcoin at $200k in the next bull cycle? Or will you sell your bitcoin when it hits $200k and wait for the bull cycle to pass and buy it back when it drops to $50k? I know what the purpose of creating bitcoin is but we cannot deny that bitcoin is being used by us as an investment to generate profit. So bitcoin price is what we care about most today.

But you're right, investing in bitcoin is said to be sooner or later depending on the person: it depends on each person's financial situation and risk tolerance.

It's not too late just as the popular saying that anytime one wake up become it's morning , regards to this if truly you have what it take to invest i will advise you do, but if you can't afford you can wait too but the question is who know exactly at what point it will drop from this high because all every one is give us mere speculation which may not work that way. It takes courage to venture in anything involving risk in the past people have been in your situation where they consider it high but today they have made the profit of the risk.

There is still time to buy a ticket. 118% is not the limit for the current cycle, because bitcoin peaks are ahead. Let's do the math. Now bitcoin costs ~$50k. The previous ATH was at ~$70k. With each new cycle, bitcoin reaches new highs (surpassing past indicators), which means it will likely reach the $100k mark in this cycle. If this happens, then it will already be x2 profit (double). And if it reaches the level of $150k, then x3 profit (triple). This is of course not 34600%, as discussed in the next topic, but only 200-300%. Is this not enough for you to buy a ticket?

There is no difference between asking "if we are too late or not"? There is no perfect time to buy, so don't think too much about the price but instead, find a way not to miss the opportunity. We can just recall the price history of Bitcoins many years ago but we can no longer bring it back again. We could just use it as our motivation and believe that Bitcoin price will continue to grow.

If you have the guts to invest OP, give no doubt but do it now as soon it turns bullish which gives you profit.
Many people are buying so no reason why we should not since we know it was a profitable investment.