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Topic: No late comer in bitcoin Investment. (Read 750 times)

full member
Activity: 532
Merit: 100
April 23, 2023, 01:27:35 PM
Lots of people that know am into bitcoin investment in my society always come to meet me and they have been complaining to me that they didn’t get to know about bitcoin early, most of them wants to invest in bitcoin but they believe the price is already high and incase if the invest now, it’s just waste of time because the won’t really be making much profits again, most of them decided to invest in other things why some of them decide to invest in altcoins(which is very risky).

I know bitcoin price has gone up compare to the price it was around 10 years ago, people that bought bitcoin years ago will definitely be in good profit currently, and am sure if they keep on holding their profits will keep on increasing because I believe bitcoin price is still low. If you are planning to invest in bitcoin and you have been thinking the price is high already, then you are wrong, I believe bitcoin price is still low and this is another great opportunity to invest in bitcoin, if you can HODL for long term then bitcoin price is still going to pump hard in the future, we shouldn’t lose another opportunity this time by not investing in bitcoin, so that you won’t endup regretting later in future why you didn’t invest now, to me bitcoin price is still low but if you are investing, you should be ready to HODL for long period of time.
I will be showing the chat which shows bitcoin price history since 2010 to 2022, then you will know bitcoin is still going to pump hard.



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almost everyone says it's too late to invest in bitcoin because just look at the current price of bitcoin which is around 27k $, actually if you look at the previous history last year the price of bitcoin exceeds the current price. well, in my opinion people who express reasons like that are people who are not ready to invest or still have a sense of fear of losing their money.
I agree with the OP that it's never too late to invest in Bitcoin, profits can always be obtained as long as someone is able to hold the Bitcoin they have.
hero member
Activity: 1680
Merit: 845
April 23, 2023, 12:17:10 PM
I definitely agree with your statement.

A lot of users have been asking and creating various threads with the question about the best time to invest in BTC. Like what I previously mentioned, the best time to invest is always the time when you discover about the existence of BTC. Unlike in any other investment, investing in BTC has the trend of its price skyrocketing in the market. With its inflationary nature, expect its price to increase with every fork happening.

This is also the reason on why there are no late comers in BTC investment, like you mentioned. What we are investing now may be different from someone who invests 5-10 years later but still, one thing remains consistent- the price increases as the years progress.
There are certainly periods that are better or worse times to invest. Generally, it's never too late to start, but the main idea is that older users or investors have a head start because they took advantage of the early stages that we did not. Thus, it's expected not to yield the same results if you're investing in 2023 as in 2016. DCA is a decent strategy to get you where you're aiming for, but the truth is that you need significant amounts of money in order to acquire large portions of Bitcoin.
hero member
Activity: 2268
Merit: 789
April 20, 2023, 06:05:05 PM
I definitely agree with your statement.

A lot of users have been asking and creating various threads with the question about the best time to invest in BTC. Like what I previously mentioned, the best time to invest is always the time when you discover about the existence of BTC. Unlike in any other investment, investing in BTC has the trend of its price skyrocketing in the market. With its inflationary nature, expect its price to increase with every fork happening.

This is also the reason on why there are no late comers in BTC investment, like you mentioned. What we are investing now may be different from someone who invests 5-10 years later but still, one thing remains consistent- the price increases as the years progress.
sr. member
Activity: 2422
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April 20, 2023, 05:45:31 PM
Because now for most people buying one bitcoin is not an easy matter, it takes a sizable fund to be able to get it. Maybe that's why beginners think twice about buying bitcoins, and decide to buy high-risk altcoins.



This is true, most newbies have this mentality, they think the bitcoin price is too high, and to get rich with bitcoin is quite difficult and impossible even if they own 1 BTC. So they choose altcoins as an alternative. Not only newbies but I believe even longtime investors like us have this mindset because everyone wants to get rich quickly and understands that bitcoin can't help us do that.
Honestly, I invest mainly in bitcoin, but I also don't turn down the opportunity to invest in altcoins, I'm still looking for hidden gems and still hoping to find them one day.
indeed if you want to get big profits then you also want to prepare large funds to buy it, that's something normal and if you buy small and hope to get big profits it seems impossible to do.
so you are correct that having bitcoin is a must if you want to get big profits too.
but because the price of bitcoin is quite high, you have to work around this by buying in installments until you get it in full, or if you can't and it's difficult to fund it, it's not a bad thing if you want to move to altcoins, because there are quite a lot of altcoins that can produce quite a bit.
but it's not recommended even though fortunately it's enough to set up funds on new altcoins, no one can guarantee with new altcoins and many are scams.
hero member
Activity: 504
Merit: 816
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April 20, 2023, 03:20:34 AM
There is no time limit for the investment of bitcoin.

I cannot agree that there is no time limit for the bitcoin investment. When you invest, you should consider not only possible gains, but also time, which is spent on this investment. For example, if you bought BTC at 60K, you are in unrealised losses for a couple of years right now. Can this be considered as a good investment even if you are sure BTC will rise one day and cover all your losses? I won't say so, because this invested money could have been used a lot of times during this unlucky freezing period. And possible the could have made you more profit during this time. That is why I believe that even is its not too late to become a bitcoin owner, you should keep a lot of attention on when come into market and buy at a proper time.
legendary
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April 20, 2023, 03:09:14 AM
Because now for most people buying one bitcoin is not an easy matter, it takes a sizable fund to be able to get it. Maybe that's why beginners think twice about buying bitcoins, and decide to buy high-risk altcoins.



This is true, most newbies have this mentality, they think the bitcoin price is too high, and to get rich with bitcoin is quite difficult and impossible even if they own 1 BTC. So they choose altcoins as an alternative. Not only newbies but I believe even longtime investors like us have this mindset because everyone wants to get rich quickly and understands that bitcoin can't help us do that.
Honestly, I invest mainly in bitcoin, but I also don't turn down the opportunity to invest in altcoins, I'm still looking for hidden gems and still hoping to find them one day.
hero member
Activity: 1148
Merit: 518
April 20, 2023, 01:52:07 AM
Investing in Bitcoin is never too late. Everyone should do your own research first weather your new or old in crypto currencies. If you take a risk in investing Bitcoin it only means that you already know the volatility of the market. Evaluate yourself if you are aiming for a long term or short term goal. You should accept the fact that anytime your investment might encounter losses nor income, that is the common fluctuation of the market. Never sell your Bitcoin if you are at loss, just hodl the investment that you have and wait till the market recovered that is part of the investment cycle.
Given Bitcoin's long history in the cryptocurrency world, I'm not afraid to trade it because it's a well-known initiative and I'm a beneficiary of the project. Considering market volatility is so prevalent and affects Bitcoin more than any other coin, it is recognized for having substantial variations. Investors continue to buy Bitcoin despite the massive trading volume because they are confident it will increase in value once the bull market begins. Hold on, Bitcoin's price movement is highly hazy, nevertheless with smart trading, profits are still attainable.

hero member
Activity: 1414
Merit: 670
April 19, 2023, 02:35:52 PM
...
From my little research these are related topic that are same with your questions currently.
please i would suggest you to lock this topic to avoid spamming.
hehe, boss you really got frustrated from these topics, and you should be because they are in the abundant form on BTT, but what i think is these questions are just seasonal questions like when newcomers come to this platform they always try to ask such questions to gain more knowledge. and that's a good technique in my sight. Plus i have also seen many topics related to people who have great disbelief on BTC and they do not trust on it even if they are given the right knowledge, they still doubt it. (this is the main context of those topics --> it's hard to find links to those for me). Well, i was reading your mentioned reply and found that you should add this topic too. hehe.

age 47 is it too late or not to invest in bitcoin.?

and i can see that 4 topics from your mentioned ones are already locked and i think you are right because this more looks like a spam topic but who knows what's in the hearts of other people maybe they genuinely want to learn about the current market or want to share their experience of the current market so others can get benefit out of it. ( i think it's up to moderators now to decide whether to lock it or not)

And for OP, really great work because genuinely, i am always in search of others' opinions about the current market because this gives me a broad idea of how other people are interpreting the fundaments and technical of the current market.
rby
hero member
Activity: 742
Merit: 611
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April 19, 2023, 02:13:10 PM
I am interesting only on the topic but for the content is an repetition of other people thread, I have seen many threads like this from your country users here. So I am not new to this kind Merits fishing threads. By the way, from topic I will say yes, as long as bitcoin exist, people will come and meet it and invest. There is no time limit for the investment of bitcoin. One can invest at anytime, but the best time to in invest is when the price is very low so that when you invest at that time and when it goes up then you will enjoy the benefits of Investing it when it is low.
Both the title of the post and the body or the content of the post itself is just repetition of what have bewn discussed many times. It's not a always appealing, when some persons will create a topic that is of general knowledge and would not do extra work to make it exceptional.
If you would say that it is a merit fishing post, I will not doubt you. However,  it also help people to complete their quota post. That is why every post, whether it is making much sense or not would also receive replies and contributions.
hero member
Activity: 2562
Merit: 586
April 19, 2023, 01:59:11 PM
I think that there will be no Late comers in bitcoin if everyone understands the fact that buying bitcoin every time is advantageous. Buying in past, present and future are all worthy but actual thing is to manage the risk with the help of strategies during condition which are not in your favor.

The individuals who have thoughts of becoming late to buy bitcoin are those who do not have any knowledge about the bitcoin because those who wants to buy bitcoin always have eye on previous history and according to history the price of bitcoin always runs in cyclic form and one can make investment anytime but holding for more years is necessary.

No one will regret in future if they understand the value of bitcoin and try to understand about the reality that every day you can make investment and its not too late to be a part of it so invest anytime when you can afford to invest
What if they are not updated on the latest happenings? And then these people don't socialize with others. Chances are that they will never know Bitcoin but even if they heard about it, there are still people who are not easily convinced. They will only believe on what they think is true even if they are wrong. That's already their problem. What important for now is us.

We need to ensure that we are buying from time to time and are strongly holding our coins in order to benefit greatly. There is no way to buy Bitcoin from the past. Time traveling is not yet proven to be true but we can only buy in the present time or in the future. Some won't buy in the current time because they don't have a budget or they think the price is too high so they will only buy next time.
full member
Activity: 756
Merit: 133
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April 19, 2023, 01:57:24 PM
The market is big so we have a lots of coins for us to buy if we really feel like buying some coins that will give us more profits from the market when the bull finally comes. There is a lot of money in cryptocurrency if we are very patient to buy and wait for when things get bigger and price higher than when we bought. Those that are making money are the ones that have been patient enough as a no holder without stressing themselves about the market reactions. Those that are still buying Bitcoin now are still going to make money from the market.
Agreed the market is fairly big, there are a lot of cryptocurrency to trade and make money from. But also there are a lot of scam projects to be careful about them. Trading cryptocurrency or holding cryptocurrency is a game of patients.

But trading altcoin is not recommended, at least that what my opinion is.
hero member
Activity: 700
Merit: 577
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April 19, 2023, 01:37:17 PM
I am interesting only on the topic but for the content is an repetition of other people thread, I have seen many threads like this from your country users here. So I am not new to this kind Merits fishing threads. By the way, from topic I will say yes, as long as bitcoin exist, people will come and meet it and invest. There is no time limit for the investment of bitcoin. One can invest at anytime, but the best time to in invest is when the price is very low so that when you invest at that time and when it goes up then you will enjoy the benefits of Investing it when it is low.
sr. member
Activity: 1344
Merit: 253
April 19, 2023, 12:18:26 PM
I'm not taking any chances this time, I'm fully into crypto and bagging more pieces of bitcoin to my best effort. Already done some mistakes in the past which is a total regret, but today I'm a little bit happy to start. The best time is to start now, nothing abstract because there's no time on our side. Bitcoin have made both dump and pump movements over the years, some of us missed out while some made good profits during these times. It's very simple to purchase bitcoin, crypto exchanges have that easily possible, the space is advancing to the next stage and we should grow with it and it's adaptation.
I think you should not regret it if you learned something form it. I mean obviously you know what you are doing and that's the important case here, if you learned from your past mistakes then you are doing fine and shouldn't be worried about it.

I personally did make some mistakes back in the day but I do not regret them, I made those mistakes to learn what I should have done now, thanks to that I am going to be richer in the future as well. I am not saying I will be richer in a day or so, I am just saying that I made mistakes but I can be richer in the end "one day", maybe I will make even more mistakes and learn from them as well, but this is a way where you can actually become a better investor and get richer gradually.
basically everyone has made mistakes to the point of losing money in the crypto world, but I personally even though I lost money in the end it was more to get money from the crypto world, so it's like being addicted to continuing to learn, because in my opinion this is a good opportunity to support financially us later. even though so many people hate crypto because they were harmed by their own mistakes and finally gave up
jr. member
Activity: 38
Merit: 4
April 19, 2023, 10:36:46 AM
Bitcoin is at its prime. It is better to consider investing now for future rewards. No latecomer in Bitcoin investment because it is a long-term investment.
The earlier you start, the better so that you can hold it for a long time before considering selling also if you can predict the market before investing it's also an added advantage. You can start investing any time and still make profit but it is good to know the appropriate time to invest.
legendary
Activity: 2338
Merit: 1124
April 19, 2023, 10:08:40 AM
I'm not taking any chances this time, I'm fully into crypto and bagging more pieces of bitcoin to my best effort. Already done some mistakes in the past which is a total regret, but today I'm a little bit happy to start. The best time is to start now, nothing abstract because there's no time on our side. Bitcoin have made both dump and pump movements over the years, some of us missed out while some made good profits during these times. It's very simple to purchase bitcoin, crypto exchanges have that easily possible, the space is advancing to the next stage and we should grow with it and it's adaptation.
I think you should not regret it if you learned something form it. I mean obviously you know what you are doing and that's the important case here, if you learned from your past mistakes then you are doing fine and shouldn't be worried about it.

I personally did make some mistakes back in the day but I do not regret them, I made those mistakes to learn what I should have done now, thanks to that I am going to be richer in the future as well. I am not saying I will be richer in a day or so, I am just saying that I made mistakes but I can be richer in the end "one day", maybe I will make even more mistakes and learn from them as well, but this is a way where you can actually become a better investor and get richer gradually.
full member
Activity: 518
Merit: 184
April 19, 2023, 08:10:28 AM
Investing in Bitcoin is never too late. Everyone should do your own research first weather your new or old in crypto currencies. If you take a risk in investing Bitcoin it only means that you already know the volatility of the market. Evaluate yourself if you are aiming for a long term or short term goal. You should accept the fact that anytime your investment might encounter losses nor income, that is the common fluctuation of the market. Never sell your Bitcoin if you are at loss, just hodl the investment that you have and wait till the market recovered that is part of the investment cycle.
sr. member
Activity: 812
Merit: 365
April 19, 2023, 08:10:15 AM
Indeed, at this time the price of bitcoin has soared, the price is very different from the price of bitcoin in the past ten years. If you think at a glance, it really feels like it will be difficult to make big profits, like you can get when you buy bitcoin at a low price first. Because now for most people buying one bitcoin is not an easy matter, it takes a sizable fund to be able to get it. Maybe that's why beginners think twice about buying bitcoins, and decide to buy high-risk altcoins.

But in my personal opinion, there's no such thing as too late if you want to buy bitcoin, because actually it's not the person who is late to buy bitcoin at an expensive price, but the person who is late is someone who doesn't buy bitcoin at all. Because all bitcoin investors also know, that bitcoin is an asset full of good potential in the future, even the current bitcoin price has not yet reached its highest price. So it can be said that the current bitcoin price will continue to rise again.
hero member
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April 19, 2023, 07:59:26 AM
so there is a word "Lot of People" are coming to you about being late in investing? so you are lucky having that much people around that starting to know or wanted to have investing in bitcoin.
I started in late 2018. I was able to buy at around 3000€. But as almost everybody else, I knew nothing about it and was too afraid so I only invested a couple of hundreds of €uros. I fucking regret it. But since then, I've adopted the very well known DCA and I feel a bit better about not going all in back in 2018. I actually do DCA no matter the price and if I catch a hard drop in price and if I ave some fiat available, I buy more. But yeah, it's never late to come into Bitcoin because in the long run, it will keep going up. And instead of having money sitting in the back for others to use and on top of that devaluate year after year, way better to move it into Bitcoin.
but still you have lots of chances to buy more now mate , so better to have it all because the more you deny buying is the more painful you will get in the bull run again.
The market is big so we have a lots of coins for us to buy if we really feel like buying some coins that will give us more profits from the market when the bull finally comes. There is a lot of money in cryptocurrency if we are very patient to buy and wait for when things get bigger and price higher than when we bought. Those that are making money are the ones that have been patient enough as a no holder without stressing themselves about the market reactions. Those that are still buying Bitcoin now are still going to make money from the market.

Yeah, the market is very large, and there are many choices for us. But not every coin will be like bitcoin, which will recover and increase in price to bring us profit. I don't hate when we invest in altcoins, but choosing a coin that gives profit without the stress like bitcoin is very difficult and almost impossible for me to find.
As long as we diligently accumulate bitcoin regardless of the price and hold it patiently, we will always be profitable and stress-free like investing in altcoins.

Bitcoin has become really stable, it is the cryptocyrrency which left the stage of either becoming stable or becoming a scam. Not many cryptoxurrency startups are able to do this. There is a tendency in every field of market, which can be described in the following way: first there are many independent similar projects, then most of them become a scam, then among those remaining 2 to 4 projects become really strong and stable, so in crypto I assume these are BTC and ETH... And as for crypto, there is one more application: banks can use benefits of decentralised information storing technology for inproving fiat banking systems, so that rivals of cryptocurrencies can appear among fiat banks, with fiat (predominantly dollar) capital holders as the masterminds behind the crypto-upgraded bank system, which will be tending to conserve the overall capital distribution.
hero member
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April 19, 2023, 07:19:30 AM
so there is a word "Lot of People" are coming to you about being late in investing? so you are lucky having that much people around that starting to know or wanted to have investing in bitcoin.
I started in late 2018. I was able to buy at around 3000€. But as almost everybody else, I knew nothing about it and was too afraid so I only invested a couple of hundreds of €uros. I fucking regret it. But since then, I've adopted the very well known DCA and I feel a bit better about not going all in back in 2018. I actually do DCA no matter the price and if I catch a hard drop in price and if I ave some fiat available, I buy more. But yeah, it's never late to come into Bitcoin because in the long run, it will keep going up. And instead of having money sitting in the back for others to use and on top of that devaluate year after year, way better to move it into Bitcoin.
but still you have lots of chances to buy more now mate , so better to have it all because the more you deny buying is the more painful you will get in the bull run again.
The market is big so we have a lots of coins for us to buy if we really feel like buying some coins that will give us more profits from the market when the bull finally comes. There is a lot of money in cryptocurrency if we are very patient to buy and wait for when things get bigger and price higher than when we bought. Those that are making money are the ones that have been patient enough as a no holder without stressing themselves about the market reactions. Those that are still buying Bitcoin now are still going to make money from the market.

Yeah, the market is very large, and there are many choices for us. But not every coin will be like bitcoin, which will recover and increase in price to bring us profit. I don't hate when we invest in altcoins, but choosing a coin that gives profit without the stress like bitcoin is very difficult and almost impossible for me to find.
As long as we diligently accumulate bitcoin regardless of the price and hold it patiently, we will always be profitable and stress-free like investing in altcoins.
sr. member
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April 19, 2023, 06:16:46 AM
so there is a word "Lot of People" are coming to you about being late in investing? so you are lucky having that much people around that starting to know or wanted to have investing in bitcoin.
I started in late 2018. I was able to buy at around 3000€. But as almost everybody else, I knew nothing about it and was too afraid so I only invested a couple of hundreds of €uros. I fucking regret it. But since then, I've adopted the very well known DCA and I feel a bit better about not going all in back in 2018. I actually do DCA no matter the price and if I catch a hard drop in price and if I ave some fiat available, I buy more. But yeah, it's never late to come into Bitcoin because in the long run, it will keep going up. And instead of having money sitting in the back for others to use and on top of that devaluate year after year, way better to move it into Bitcoin.
but still you have lots of chances to buy more now mate , so better to have it all because the more you deny buying is the more painful you will get in the bull run again.
The market is big so we have a lots of coins for us to buy if we really feel like buying some coins that will give us more profits from the market when the bull finally comes. There is a lot of money in cryptocurrency if we are very patient to buy and wait for when things get bigger and price higher than when we bought. Those that are making money are the ones that have been patient enough as a no holder without stressing themselves about the market reactions. Those that are still buying Bitcoin now are still going to make money from the market.
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