Topic: Isn’t it better late than sorry? - page 2. (Read 545 times)

Yes, that's right, consider the risk that Bitcoin's value will disappear when the price is corrected, but if you look at the Bitcoin annual graph data drawn in a straight line from 2009-2024, you will be surprised that Bitcoin's trend is always going up and up, I don't know where it will stop, but in my mind I still have a long way to go to achieve bitcoin, if my strategy is to always accumulate bitcoin, I will put 10% of the salary I receive into bitcoin. if the correction is deep I will increase it to 20%. I don't care about its value against the dollar, but my number of bitcoins continues to increase. By the way, this is not financial advice, this is just my strategy, DYOR

I have always recommended that there's never a time that's too late as you can start almost anytime and still be in time because no time is too late the only time that's late is when you are waiting to start tomorrow but if you start today it might not be really late as there's still so much you can still achieve with that which you started today, if you start today, by the time Bitcoin starts it's next bull run, you should be in profit that's if you start today but if you wait till tomorrow then Bitcoin will be higher than it is now and you may not nbe able to buy or you will buy less for more by then.

Like I have been saying all along it's never too late you can still buy now and be profitable in months time and you  will be proud of yourself that you did bought Bitcoin now but I'd you keep waiting the more expensive it will get and beyond your affordability.

Nothing a man start now that is too late it might be that, that is the exact time God wants it for you there is this saying that goes this way had I know always come at last, though for I have been hearing about Bitcoin, about this forum for some years now but i needed to have more knowledge about it before jumping into it to avoid some unnessery lost now I have gotten little knowledge about it and that is why am also here to know more about it and am happy that I did and I know is never too late.

I agree. Its really not too late to get in the game now.  Sure, Bitcoins glory days of crashing down to three or four-digit numbers are likely behind us at this point but that does not mean you still cant slowly build up a position through dollar cost averaging or bit by bit out of your savings.  Even starting today, youd eventually find yourself sitting happy on a little pile of sats in the years ahead.  No need to wait around until it feels too late and regret sets in and  the time to gradually accumulate is right now while this thing still has plenty of upside in my opinion.

Since it's never too late to invest, if I may comprehend your point about feeling sorry for yourself. However, I believe that now is the ideal time to purchase a large quantity of Bitcoin in order to reap the rewards of massive profits down the road. However, given that you are still a novice, my suggestion to you is to make sure you are knowledgeable about the investment so that you can confidently afford it.

Furthermore, many failed when invest because when some people invest, they begin to feel pessimistic about their ability to make money with that kind of money, for example, they should be holding out hope that they will make enormous profits from the Bitcoin they purchase, but they end up making poor decisions that's what cause some people to lose a lot of money, and that is why many of people's here always given advice that we should using the amount of money we can afford to lose.

That was a very good poem though - in all, I'd say I didn't understand what your point was when you said you needed help not to be "sorry"

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Bitcoin isn't something you'd just jump into, without having a pre-knowledge of what it entails... There's alot more to do than just sinking in money to buy off of some piece of coins. You don't sound like you've known way too much to begin to HODL; AFAIK, it's not about the number of years you've spent on BTT forum that guarantees your experience in the system. Read more about how safe those coins could be, before thinking of getting 'em.

Sandra 🧑‍🦰

Believe me, after ten years, people will feel sorry why they haven't bought Bitcoin in 2024. So I can say it's not too late for Bitcoin, actually. Don't expect Bitcoin to dump $3K again. Global inflation is too high, so everything has become costly right now. So I don't see any reason to dump Bitcoin hard. The best way to accumulate Bitcoin is through the DCA strategy. You can still accumulate from your savings. Believe me, it's still not too late, so there's no question of being sorry if you start accumulating now.

In my opinion, there's no such thing as late when it comes to bitcoin investment. There are people who ask if they are too late to invest in bitcoin when the truth is there's always a chance to earn profit even though they invested in bitcoin years later. There's nothing wrong with it if you are not investing in bitcoin and also when you plan to invest. It's all up to you if you are willing to invest your money or not. This is the one thing I can tell you is that you should invest what you can afford to lose on what time you want to invest or not investing at all. If you feel that you will regret it in the future then you should try investing some of your money and maybe you won't regret it in the future.

Each person has their own phase and time in Bitcoin. Sometimes, we really understand Bitcoin and really want to invest, especially during the bearish era and Bitcoin prices are at their lowest point yesterday, but it turns out we don't have the funds to do it. Or maybe someone else has the funds but his desire to invest in Bitcoin is not that big, so he hasn't done it either. This won't be a big problem actually. This would be much better than if we were new users and had just found out about Bitcoin from a friend, then decided to follow suit and invest in Bitcoin without understanding anything about it, then hoping to get very high profits as soon as possible. And even if we don't know the price of Bitcoin it's very volatile. Then in the end, because of someone's ignorance like that, because of their enormous desire to make an instant profit, in the end they fail because they panic and their assets drop momentarily.

So, this is the importance of preparing ourselves before investing in Bitcoin, not only financially but also in terms of understanding, knowledge and mental readiness too. because after all this is something that still has risks and we have to really understand the risks. Make sure you are ready for everything so you don't regret it. And you don't have to feel burdened or heavy because you haven't invested yet and other people already have so much. You have your own time to do it when you are truly ready. When you really have the amount you can afford.

Well, if you think you are certainly late from bitcoin investment, you are very wrong on that. When it comes to any type of investment, no one is late even in bitcoin. There are still a lot of chances to invest and grow your bitcoin portfolio since bitcoin investment is still at its early season. Unless if you resort into procrastinating things like bitcoin investment, then you will definitely lost all your opportunities to invest because of your wrong mindset.

Bitcoin investment is not a do or die, but if you don’t see huge potentials in bitcoin in the first place, you will never come to prioritize it most of the time.

Having just a sense of security is not enough, you also need to have the knowledge of security. Many people actually thought their bitcoins would be safe but after investing they discovered that they had to put in extra work to ensure that it is not stone by scammers but lost by simple security mistakes. To avoid being sorry, never joke with security knowledge and the tips that will follow. Bitcoin Scammers are creating new methods to scam people who just have a sense of security for their bitcoins with no or limited knowledge on its security.

You have just said it all but the problem is that they will not hear. People always think of failure on something they have not even tried. How can you always compared people who failed bon some things not know that grace differs. There no time that is late to invest on Bitcoin., investment on Bitcoin is like the popular saying any time you wake from bed becomes your morning but it will be very bad waking at the wrong time. The problem of indecision have course many failure on society and have bring many into poverty, that is the reason I take time to write about this indecision on the thread, the best is to start on Bitcoin now and rejoice tomorrow all you need is to read and gathered knowledge on how to buy and hold and other things that can help you allot is already at the pin post.

OP, what you're feeling is relatable, and don't think you're the only one because not everyone here will want to open up about their problem if they know the solution is only known to them. Indeed, it is better to be late than sorry. You are not late, and with your knowledge of bitcoin, your investment will not lead you to believe that you will lose your funds. Don't assume that everyone here has a large amount of bitcoin in their savings; instead, try to accumulate as much as you can as soon as possible.

Going straight to the subject matter “Bitcoin” without beating much around the Bush, Bitcoin is pretty still cheap, even though most of the gains were realized by the early investors who invested when Bitcoin was still way cheaper and trading below $100, But still, I would rather be late than hear the story, basically miss the whole thing, and after all no one can tell if the party is way too late to join right now  because fast-forward back to when the price was trading between $1k-10k, people still think they were late too and today look at the price that Bitcoin is currently sitting on.

It's better to try and regret than not try and not regret. I adhere to this point of view. Although I think it’s better when you try and you don’t have to regret what you did.

Rather than watch from the sidelines at bitcoin and torment yourself with doubts, it’s better to try. It's not entirely too late. It is not necessary to mortgage a house, property, or grandmother’s pension in order to purchase bitcoin. This can be done for a small amount. This way you will dispel all doubts and get rid of regrets.

That’s what scares me, for my being cautious and skepticism not turn into procrastination and which becomes a huge setback on any potential investment but,
I like the idea of learning in practice. It would be a building by experience although, mistakes might prove costly. Still, it’s an idea I would look to practice.

Sometimes the wait can turn into an eternity, and the person will still doubt whether it is time to start or not. There is no need to take risks by investing all your money, but there is an opportunity to learn everything in practice, understanding day by day whether you need to take further action or not. Knowing the theory is important, but practice will make you one of us.
You are on a forum about Bitcoin. Don’t expect anyone to dissuade you, but you should and can check everything from your own experience.

These type of losses do happen more often especially if you are dealing with investments that are not real or genuine and you failed to find out on time, or if you are too greedy to take profit as soon as possible thinking it will be bigger with little time. Losing profit or your entire investment is also possible in cryptocurrency especially if you invest in altcoins that did not have future; some altcoins are just build by selfish set of people just to gain the trust of investors and go with their hard earn money, so they will make promises that looks real, once they get what they want then the go with people’s money, therefore avoid them.

You are not too late mate, this is another right time to invest if you will be able to hold your Bitcoin for long term. Since you made mentioned that you have knowledge about Bitcoin earlier, I believe you know how important it is and how promising it is in the future, therefore worry not about your Bitcoin. Invest them in a non custodial wallets and avoid leaving them in the exchanges wallets.

a bitcoin investor cannot expect that his investment will always be good and profitable, there will definitely be a time when his investment can drop and he will lose part of the value of his investment in bitcoin. that's why it is important for an investor to understand how to invest in bitcoin and reduce potential losses from it, either with a stop-loss or investing over a longer period.

if they already understand how to invest in bitcoin, they should be able to take advantage of the volatile nature of bitcoin and this will not make them more worried, because they understand how to deal with this and are ready for all possibilities.

I think what @Upgrade00 was trying to explain is that Bitcoin is still at its infant stage and will keep becoming more expensive as the years go by. Anyone who can buy Bitcoin within these years will make more profit and people will view them as lucky people.   

I don't always blame people for not investing in Bitcoin because many people are not aware of it. Many people would have invested money in it if they knew how stable and profitable it is. Some people are also scared of investing because they were scammed when they invested wrongly in the crypto industry. Other people are not investing because of lack of funds or procrastination.