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Topic: Is it too late for someone with a small savings to get involved in Bitcoin? (Read 949 times)

member
Activity: 133
Merit: 10
Correction is just starting, so if somebody's thinking about buying bitcoins just wait few more days or weeks. Just watch the market.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
A friend of mine began talking about Bitcoin with me a few months ago... When it was valued at $2,000 a piece. A price point in which I can work with!
Within what feels like a blink of an eye, it's now at $15 k and all I can wonder is how a "small timer" like me can get involved. Have I missed the mark?
Now is that time a "small timer" like you can buy in. The correction is here and has taken the bitoin price into a plunge to $13k from an initial height of $19k+. Buy now if you can and do it immediately if you will. We expect the price to rebound and make its way to $20k+ before the end of Dec.
newbie
Activity: 24
Merit: 0
No it isn't late at all, you still plenty of time to get involved in Bitcoin even with a small savings. You just need to hold it longer to get more savings in future once you invest in Bitcoin.
newbie
Activity: 98
Merit: 0
There is no too late when you spend time and effort in joining BTC...all is possible
newbie
Activity: 23
Merit: 0
It’s hard to know when the bubble will end. It’s impossible to know if the price will keep going up, and it’s hard to even guess. We also have no idea if going “short” right now, or betting that the price will decline, will be better than going “long,” or betting that the price will continue to go up over time.

I think even with small savings, you can do shirt term investments and see where it goes.

Moreover, BTC now is a very good way to make fast international transfer. So it can be useful anyway.
newbie
Activity: 28
Merit: 0
Dollar cost average -- invest the same amount each week -- and you'll be a-ok over the long term.
jr. member
Activity: 35
Merit: 1
It's never too late friend, right now Bitcoin is dipping hard

I agree... it's almost time to buy some more. Even though I'll probably wait around $11/12k
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
It's never too late friend, right now Bitcoin is dipping hard
member
Activity: 98
Merit: 11
The best thing you can do is make a coin right now and share with your town and community centers, instead of with Bitcointalk.
https://bitcointalksearch.org/topic/creating-your-own-cryptocurrency-an-actual-guide-not-an-easter-egg-hunt-2622444
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Everyone in the space always feel they are late in here to the Bitcoin world, it never late, you took the rigth step been here,invest into viable coin, overtime your earnings can be use to invest into BTC.When you give up then it is over
newbie
Activity: 27
Merit: 0
Never is too late, it is possible to invest now instead of postponing it. Since you think that it is too late.
If you can use fluctuation of this market you can even earn a significant amount of money. But think and study first, then find the best solution.
newbie
Activity: 2
Merit: 0
I believe the situation with bitcoin will change dramatically after New Year.
So I'd rather wait untill 2018 or invest a small sum in some promising alcoin right now.
member
Activity: 113
Merit: 31
A friend of mine began talking about Bitcoin with me a few months ago... When it was valued at $2,000 a piece. A price point in which I can work with!
Within what feels like a blink of an eye, it's now at $15 k and all I can wonder is how a "small timer" like me can get involved. Have I missed the mark?

Not at all! You can buy as little as you want. If you want to invest $1,000 you can easily do that. You just won't have a full bitcoin, you will have roughly  .07% of a bitcoin. This amount will still move up and down as bitcoin does.

I hope this helps!
hero member
Activity: 2002
Merit: 516
To be honest, no one can determine how high the price of Bitcoin can go.
Few years ago there were faucets that were giving away up to 5 BTC a day for free. It was dust and nobody expected that the price could ever grow so much. It is possible that in the next few years someone will say the same about 5 satoshi. I think it is worth investing even small amounts in Bitcoin.
newbie
Activity: 39
Merit: 0
According to the current trend in bitcoin prices it is clear that bitcoin will continue to grow and evolve even with the emergence of different altcoins. Even small investments could be fairly rewarding, although one must consider the risks they are taking to invest in bitcoins as there's always a chance of losing your money.
hero member
Activity: 976
Merit: 575
Cryptophile at large
A friend of mine began talking about Bitcoin with me a few months ago... When it was valued at $2,000 a piece. A price point in which I can work with!
Within what feels like a blink of an eye, it's now at $15 k and all I can wonder is how a "small timer" like me can get involved. Have I missed the mark?

It's never too late to invest, but remember, nothing is without risk. Plenty of people were asking the same thing when bitcoin went to 1k and they felt like they'd missed out. Then people at 4k said the same thing. Then at 10k etc etc. Will you in a few years time be ruing your decision not to buy in at 18k or whatever it's at now? With that being said, bitcoin is still always going to be a risky investment whatever price you buy in at, but the question you have to ask yourself is do you believe in bitcoin? If you do and you think it can go much higher then you should take the risk, but only invest what you can afford to lose. If you can't take the risk then maybe don't and just wait for your time to try buy in if the price ever falls.
legendary
Activity: 2002
Merit: 1016
No it is not cause even if you have low amount of money which you can invest, you could try risk with thrash and after that transfer them into bitcoin or start earning bitcoin in campaign and hodl your income!
member
Activity: 322
Merit: 11
Yesterday was the best time to invest but it's never too late to start now! Cheesy
full member
Activity: 294
Merit: 125
Alea iacta est
I would advise you to wait this year and not buy anything. There is a version that soon there will be a correction, after which it will be possible to purchase at a pleasant price

That's actually really bad advice. People were waiting for the dip when bitcoin hit $2000 and here we are, they're still waiting I'm assuming (and missing out at the same time). And even if there comes a correction you will have to be very lucky snatching something up under $10,000. But you really have to ask yourself the following questions: Can I afford to lose the money I put in? And if so how much am I wiling to put in at the current price regardless if the price will go down tomorrow? If you can't answer on either you're most likely not fit to invest in a cryptocurrency at all.
member
Activity: 86
Merit: 36
It looks very likely that it will increase over the longer time, so it isn't too late. Just don't be disappointed if it drops in the short term!
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