Topic: Is it too late to start with bitcoin? - page 9. (Read 10468 times)

If you believe that Bitcoin has what it takes to be our next mainstream currency (as I believe) then you can consider Bitcoin in it's infancy.

Speaking from an American's standpoint, one thing we can rest fairly assured of is that fiat currency is on it's way out the door. It's only a matter of time before we move from a paper/coin currency to a completely digital currency. Wall Street and the Federal Reserve would like us to believe that we need tangible currency to trade for tangible goods, but realistically the dollar and all forms of change aren't worth the cotton and metals they are printed on. The dollar was always doomed to fail (it was pretty much designed that way) and it's downfall was accelerated when Nixon took us off the Gold standard in the early 70's making the dollar essentially worthless...

In my opinion it seems self-evident that humanity as a whole will likely eventually move to a completely digital currency for it's advantages in safety, simplicity and the effective cost savings of not having to continue printing and circulating paper/metal currency. At the moment, I believe Bitcoin is the best candidate for a standard digital currency but I also believe there is plenty of room for other niche coins as well. I think there will be many successful coin markets as merchants and services create their own niche currencies.

With those things considered, I believe there's still PLENTY of time to get in on Bitcoin and other interesting choices.

Yeah its still not too late there many chance that the price will increase again.. and i think its better to start collecting bitcoin right now before halving.. so that you can make a profit if you hold all your bitcoins until halving..
Faucet is waste of time and mining for now is not profitable.. you can make more bitcoin in many ways you can try also join signature camapign..

Everyone begins somewhere and no it's not too late to begin with Bitcoin. I understand that the faucets might be boring and mining might not be for you. If you have any questions about Bitcoin please PM me.

It's never too late 

It's a currency trading like any other countries money. You just need to do a job and will earn in BTC. Never will be late for it.

But surely who started years ago have more advantages because the BTC price increased a lot between this period. But who knows? Maybe the BTC can continue increasing and if you hold it on your pocket you can be very successfully in the future.

Bitcoin being made on 2009 but I was know bitcoin on 2014
People can judge that I'm already late but as long as you have some determination to keep learning new technology ( bitcoin ) you are never late to starting now

Still its a good time to enter bitcoin because bitcoin has a lot of potential in future so you are not late, welcome to bitcoin world

I think I was too late to start with bitcoin, as I entered the world of bitcoin 1 year ago, If I would be an early adoptor then I think scenario would be different for me.

no it's no late to start whit bitcoin, it's better a little late than never. You can check bitcoin.com for the majority of the info or maybe take a look on the various section of the forum, welcome on board.

I think altcoins are an excellent place for any beginner to start their journey to learn how to trade. of course not all of them are a good start but that is a part of the learning experience.
since the market is smaller and changer are bigger there is more chance of profiting and it is a good way of turning small amounts of bitcoin into much more.

Only at times you could see these altcoins grow and gives good profit on trading. Bitcoin is different from those, it has a stabilized and gradually increasing factor which gives profit any time based on its price.

It is never too late to start on something. It is good that at least you had some knowledge in bitcoin by earning from faucets. To me this was a nice decision you made and a proper way to start. Another important decision that you made was joining this forum. From this group you will be able to learn a lot in regard to bitcoin. Take your time to go through the various topics and sections and educate and update yourself on what's trending in bitcoin.

It is just as easy to get as it ever was, it is just more valuable now in terms of Fiat so you get a smaller fraction of a bitcoin than people would have years ago. You go to a faucet today, and you might make 20 cents or about ~0.0005 BTC after some effort. Five years ago you could have earned 1 Bitcoin with a bit of effort, but at the time it was worth that same 20 cents. So in terms of Fiat value, you are getting the same amount for your effort.

It is if you don't even work.

New alts are usually pump and dump projects created simply for that purpose. So yes, stay away if you are newbie - if you are old wolf you can try to trade it and you could be lucky.
If you could trade DOGE or ETH then you can also trade BTC on the same level without problems. With halving approaching I think there will be more room for speculation in the future.

yeaa basically mining is still profitable , but nowadays a home mining/solo mining or even small farm mining will not give you a profit.
trading is a better option for now yeaaa.
however there is no words "too late" to getting start , so go ahead.

stay away from low value altcoins, they are scams, go with big trusted ones like ethereum or dogecoin.

you can trade them easily and it can make some profit.

We always welcome everyone, start now ,at least you will be earlier than other that didnt start now

Don't entirely go with altcoin trading. Altcoins give profit only at some specific times when it experience price increase. Bitcoin is not the same. It has got a stable growth, so trading won't get affected.

instead of mining, I would suggest buy some Bitcoins. Because, mining requires specified equipments which is high cost and it takes some time to get ROI. In the mean time, you may get some decent amount by trading.