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Topic: No late comer in bitcoin Investment. - page 5. (Read 750 times)

sr. member
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Merit: 380
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April 08, 2023, 10:58:56 AM
#39
I believe investing is never too late to get involved as early as possible. Because when the market has a red light to invest in Bitcoin. But there are certain people who are most interested in investing when the green light is on. But I think it is better not to invest then because when the market turns into a bear market then it is a good time to invest. There are many people who predict the Bitcoin market but are late to invest. so with the current state of the Bitcoin market there is no time to delay and investing in Bitcoin is the most important time.
hero member
Activity: 840
Merit: 570
April 08, 2023, 10:35:07 AM
#38
Since no one can definitively predict when Bitcoin will reach its maximum price, I don't believe it's too late or will be too late to invest in the cryptocurrency. Many people who purchased Bitcoin at the $5k price point a few years ago had no idea that it would eventually shatter the $60k price record. Even during the next bull run, I don't think anyone can forecast what the price of bitcoin will be. Many people simply assume that it will likely cross the $100k mark, but no one can state with certainty that this is the price at which it will end. It might even above  the price level that some bull run veterans may have anticipated.

I also have a friend who always says that it's too late to invest in Bitcoin because it won't be able to accumulate as many of it as other coins, but I've let him know that there are differences between Bitcoin and altcoin. Many people who don't understand how Bitcoin works will prefer to have altcoin because they believe thay will accumulate many number of coins or tokens, not realizing it is about how many coins some is holding but the value of the coins.
hero member
Activity: 2604
Merit: 816
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April 08, 2023, 10:29:11 AM
#37
You can explain to people who come to you that by investing in bitcoin now, they can still get profits in the future, especially since the bitcoin price has not gone up high and returned to the last ATH. But you also need to explain the risks that will be faced, namely fluctuations in the price of bitcoin before the price can increase to a higher price.

Maybe they are worried that there is still continuous price fluctuation but it is a good moment to buy bitcoin if the price gets a correction. By getting a good explanation from you as a bitcoin investor, they don't have to worry because you will help them to understand more about bitcoin.

So now it's never too late to start investing in bitcoin instead, it's a good time to start before it's really too late to become a bitcoin investor.
mk4
legendary
Activity: 2870
Merit: 3873
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April 08, 2023, 09:27:20 AM
#36
Outperforming gold and outperforming Fiat currencies is still a task for Bitcoin. Full support from the community is very important and the Government must also provide clear regulations.
Currently, regulations only benefit the government, while bitcoin or the cryptocurrency ecosystem is still a profit-making field for the government, not a new innovation that must be developed.

The US government(and most governments) still haven't provided clear regulations concerning Bitcoin/crypto, no? And add the fact that most people still think that Bitcoin/crypto is a scam. But still, bitcoin has outperformed gold and fiat currencies in a longer time scale — at least historically.
sr. member
Activity: 448
Merit: 264
April 08, 2023, 07:00:04 AM
#35
Investing in bitcoin is understanding and focus, it's not to late in an investing,the current price of bitcoin is just for a moment, either the price of bitcoin rise or falling, even if you invest in bear market or bullish,if you will lose,you will lose,put in mind that risk involved,and invest.so It's doesn't matter who is earlier or late investors of bitcoin. But before you invest you have to understand the market and the risk involved. Those who can keep it for a long time are the ones who will succeed. After the bearish the bullish market begins, so those who are encouraged to invest,will also be able to reach in higher level of success.The bull runs any time it's doesn't matter at the current price of bitcoin.
sr. member
Activity: 938
Merit: 292
April 08, 2023, 06:34:36 AM
#34
Bitcoin is a highly volatile digital currency. There is a big difference between the previous and the current state of bitcoin. There is a significant difference between the price of Bitcoin in 2013 and the price of Bitcoin in 2023. 10 years ago Bitcoin price was $100 its current price is $28000. 2021 Bullran Bitcoin price rose to around $69000.  Following that condition it is easy to predict where the price may reach after the next 10 years. It doesn't matter who are earlier or late investors of bitcoin. Those who can keep it for a long time are the ones who will succeed. After the bearish the bullish market begins, so those who are encouraged to invest,will also be able to reach in higher level of success.
sr. member
Activity: 574
Merit: 310
April 08, 2023, 05:39:30 AM
#33
Granted it has been over 10 years now and bitcoin has surpassed the expectations of most people but permit me to mention objectively that this doesn’t in any way mean that this project will succeed in the future. As you may have already observed, no one is certain about a continuous increase in the in future based on its past performance.
Not everyone is cut out to be a bitcoin investor because not everyone can tolerate the level of risks involved. It is wise to DYOR and weigh it against your goals and aspirations before jumping in. Lastly, as a form of reiteration, the OP chart shows the historical price trends of Bitcoin but please note that this is not a predictive chart, that is, it cannot tell how bitcoin will perform in the future because of the dynamic nature of the bitcoin market. All we are doing now is simply hope and mere speculation.

hero member
Activity: 742
Merit: 633
April 08, 2023, 04:36:12 AM
#32
Everyone already know Bitcoin price always break new ATH after 4 years super cycle and hopefully Bitcoin will break the previous ATH which previously hit $69K before, so I don't think many people will think it's already too late to buy Bitcoin if they can hold Bitcoin for next 2-3 years.

If there's someone said it's already expensive to buy Bitcoin right now, it's a weak hand or a trader.
sr. member
Activity: 770
Merit: 445
April 08, 2023, 04:35:44 AM
#31
-snip-
Topics like this do come up all the time and some new users will create them.
There are probably more than you mentioned, and of course, you'll find them on every regional board.

But I don't know, it keeps evolving. But the OP never shows up after creating this topic, which makes it look like he's spamming and not taking care of the thread he created.
I haven’t been active after creating the thread those not mean i came to spam, I will have to answer any comments I notice worth replying to. I made the post at night before going to bed, you don’t expect me to be waking up at night and be checking if anyone responded to my post, I will definitely reply any comment I need to reply to just the way am replying to your comment whenever am free.
sr. member
Activity: 686
Merit: 286
April 08, 2023, 03:23:39 AM
#30
It is normal for newbies to ask such questions. Because they saw that the market was very low a few days ago and the Bitcoin market has increased so much in these few days that if they buy Bitcoin at the peak of this increase, they may lose money. That is why they should first have a good understanding of cryptocurrency. Hope you have a good understanding about cryptocurrency. And you try to convince them that it is normal for coins to increase in price when the market is going well. The value of Bitcoin has increased so much compared to a few days, there is a possibility that the Bitcoin market will increase more in the coming days. So, before getting excited, you should observe the market well

If they are interested in investing then you should first ask them to know all the rules about investment. Because we all know that investment involves risk. After investing, the market will not only increase, but if you invest from the lowest state of the market, there is a possibility that the market will go down further. So regardless of the market condition, you have to accept the money risk and then invest.
legendary
Activity: 2716
Merit: 1855
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April 08, 2023, 03:17:52 AM
#29
-snip-
Topics like this do come up all the time and some new users will create them.
There are probably more than you mentioned, and of course, you'll find them on every regional board.

But I don't know, it keeps evolving. But the OP never shows up after creating this topic, which makes it look like he's spamming and not taking care of the thread he created.

In response to the delay in Bitcoin investment, actually nothing is too late.
Whenever someone enters he will get his place and entering at a price below the previous ATH is also quite good.

Bitcoin doesn't even need to pump hard for it to be useful in an investment sense — all it needs to do is to simply outperform gold and most fiat currencies.
-snip-
Outperforming gold and outperforming Fiat currencies is still a task for Bitcoin. Full support from the community is very important and the Government must also provide clear regulations.
Currently, regulations only benefit the government, while bitcoin or the cryptocurrency ecosystem is still a profit-making field for the government, not a new innovation that must be developed.

legendary
Activity: 1176
Merit: 1005
crunck
April 08, 2023, 02:58:52 AM
#28
It is never too late to invest in bitcoin, who often say they are too late to invest because the price is too high. Those are greedy people, they want to profit thousands, millions of percent. For such greedy people, they always look to altcoins because they think that only altcoins can make them rich quickly, but eventually, they will realize bitcoin is the most worthwhile investment when losing money invested in altcoins. Let your friends experience with altcoins, everyone needs that experience to realize the best place to invest.
sr. member
Activity: 1820
Merit: 436
April 08, 2023, 02:20:29 AM
#27
I mean prompt beats diligent, so they believed in Bitcoin early so it just makes sense that they are the ones that could make a good profit out of it for sure.

Back in 2017, I discovered Bitcoin when it is still around 400$ and even though I want to invest in it I don't really have a lot of money since I'm just a student. And it was probably difficult to invest in Bitcoin at that time because you don't even know it Bitcoin is going to actually gives you profit, some investors are just lucky and some are not.

That is why this bear market is already a good opportunity to invest in Bitcoin because the market price was still low and far from its All time high when the price started to skyrocket a lot of investors will be encouraged to invest and probably will be greedy if you invest early your not gonna carry the risk because you still have leverage and you could easily hold your bitcoin for a long time until you think its a good time to sell already.
legendary
Activity: 3276
Merit: 2442
April 08, 2023, 02:09:57 AM
#26
That's a beautiful chart. It is clearly visible that in the long term there is only one direction for bitcoin to go and it is not down. So, no matter at what point you buy coins, it is almost guaranteed that you will make money in the future if you hodl long enough. People were saying "bitcoin is too expensive oh no" when the price hit $20k for the first time in 2017 and then it went above $60k few years later. The next time bitcoin goes full bull, $60k will look like a tiny bump in the charts. How high will it go? I cannot know but I can guess that it will be somewhere above $100k. So even if you bought all of your coins at $60k, you will nearly double you USD when bitcoin goes above $100k. Where else can you get that much profits? Bitcoin has been and still is the king of all investments.
hero member
Activity: 574
Merit: 554
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April 08, 2023, 01:56:25 AM
#25
I have already heard this phrase ever since I learned crypto way back 2014. At that time I haven't entered this forum yet, but several other people are already talking about bitcoin is still on its early stages. There are various sources of information before from social media platforms to telegram groups. After so many years that passed it was still the same phrase that's being used, and yes it is true that bitcoin is still young. Nobody else believed that at first but seeing the records from the past few years I think people now would hesitate saying those words such as "bitcoin will end" or "there is no longer hope for bitcoin to rise". Words like "we saw the potential and possibilities of bitcoin" will be heard commonly from now on or even in the future.

In conclusion, it is never too late to invest in bitcoin and while some are still hesitating, others already grabbing the opportunity coz as always, no one knows when will be the next time it will rise again and what they hesitating for now will probably end up being a regret.
The price of Bitcoin is ever-dynamic. Nobody can predict the price of cryptocurrency and one can never say you are too late. It is true early bitcoin adopters will be making a huge profit from their hodling but they believed the unbelievable. Their world was a fiat-dominated one and cryptocurrency was strange people saw it as nothing but some revolutionists accepted it. They deserve to benefit from their bravery and foresight.

Bitcoin will always have opportunities. There will always be an opportunity to buy cheap and sell high because it will always be volatile. The economic, social, and political influence will always affect the price so there is no convenient time to buy. You can buy today and make money in the future and you can also buy and lose money
full member
Activity: 2142
Merit: 183
April 08, 2023, 01:37:31 AM
#24
The price of bitcoin has risen significantly since its inception ten years ago. That should be enough to persuade one that bitcoin is the way to go in the future. From your chart, it reached an all-time high of $68,991 in November 2021. With the current price compared to the ATH, it's still a good time to buy now and hold because the expectation of a new ATH coming up after the bitcoin halving in less than 2 years is still very much believed to happen, and this always follow up in a price increase higher than the previous ATH price.
Ten years of bitcoin existence (actually more than 14 years) for mankind is a moment. This does not at all prove that everything will be fine with cryptocurrency in a few more decades. This must always be remembered when performing certain actions with her. For the same reason, it is hardly worth arguing that there are no latecomers to investing in bitcoin. Those who invested in bitcoin as early as possible after its creation, certainly made a good profit. There are no guarantees that bitcoin will turn out to be just as profitable for a long time to come. We just believe and hope that it will be so.
sr. member
Activity: 1470
Merit: 428
April 08, 2023, 01:15:49 AM
#23
I get what you mean, but I think it is more important to have entered early, as the returns in the early years are always higher than later.
Halving is coming up, and those who will invest later after the halving has happened, I will consider those people late to investing in bitcoins. Although there will still be opportunity for them to benefit, but just as said, it would have been better they started earlier like yesterday than tomorrow. The best opportunity to invest in bitcoins was last year when the price was really performing badly, people who missed that opportunity are making use of this year to catch up, any one who misses the halving is late. You are late does not mean no profit, but that the profit you are expecting to make on your investment is what would have been made already.
sr. member
Activity: 588
Merit: 351
April 08, 2023, 01:04:09 AM
#22
I have already heard this phrase ever since I learned crypto way back 2014. At that time I haven't entered this forum yet, but several other people are already talking about bitcoin is still on its early stages. There are various sources of information before from social media platforms to telegram groups. After so many years that passed it was still the same phrase that's being used, and yes it is true that bitcoin is still young. Nobody else believed that at first but seeing the records from the past few years I think people now would hesitate saying those words such as "bitcoin will end" or "there is no longer hope for bitcoin to rise". Words like "we saw the potential and possibilities of bitcoin" will be heard commonly from now on or even in the future.

In conclusion, it is never too late to invest in bitcoin and while some are still hesitating, others already grabbing the opportunity coz as always, no one knows when will be the next time it will rise again and what they hesitating for now will probably end up being a regret.
copper member
Activity: 2968
Merit: 575
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April 07, 2023, 11:42:35 PM
#21
Yep, there are lots of people that think they are too late to invest in bitcoin. They also think that the price is too high. What they don't understand is that they don't need to own a whole 1 bitcoin to make profit. They can buy fractions of a coin and get started. Some even choose to invest in other stuff or altcoins (which can be super risky because they are more volatile and unpredictable than bitcoin). What they don't realize is that Bitcoin's price still has room to grow. Sure, it's way higher than it was 10 years ago, but if they are willing to HODL long-term, they could see some serious gains. Just tell them to look at the charts and then they will realize what they are missing.
member
Activity: 364
Merit: 33
April 07, 2023, 11:32:02 PM
#20
Investing in Bitcoin requires investing according to the market position. I think it is better not to invest when the market goes up a lot. The market does not stay at the same position all the time and its prices go up and down. so it is necessary to invest in Bitcoin when the market is dumping. Then investing in bitcoins will not lead to loss in short term but I would definitely recommend investing in long term. So those who are interested in investing in bitcoins would be wise to invest from the current market positions without wasting time.
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