No late commer in cryptocurrency - page 4.

traderethereum

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Quote from: Jazmin Leslie on September 08, 2021, 09:51:11 PM

Quote from: KingsDen on July 14, 2021, 04:59:52 AM

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

Cheap coins will not necessarily rise to hundreds of thousands of times like Bitcoin. Many coins have gone to zero. What they may buy is a complete joke. I still recommend that novices first learn to buy Bitcoin and rely on hype It is difficult for coins to achieve wealth freedom, and perhaps hoarding them all the time will be more profitable than speculating coins.

If you check on the market, you will find that some cheap coins increase so high and many underestimate them.
Dogecoin, Matic, DOT and many more prove that such coins can be an alternative for people to buy and sell.
But yes, buying bitcoin will be recommended as bitcoin is the main investment that can profit us.
Those altcoin types can be another way to get additional profit while we wait for a bitcoin increase.

Jazmin Leslie

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Quote from: KingsDen on July 14, 2021, 04:59:52 AM

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

Cheap coins will not necessarily rise to hundreds of thousands of times like Bitcoin. Many coins have gone to zero. What they may buy is a complete joke. I still recommend that novices first learn to buy Bitcoin and rely on hype It is difficult for coins to achieve wealth freedom, and perhaps hoarding them all the time will be more profitable than speculating coins.

Lordhermes

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I use to have this same believe that Its late for me to know about crypto currency now,but when I look at how far my friends that started crypto earlier before me have gone,it makes me have that thought that I am late.

Nevertheless,reading this has made me know now that it's not always about how early you come,but mostly about the investments you've made since you came.
This topics is very vital because most person's,not only me used to have this same thought,but thank God for this post that has made us know that what ever time you start is the best time for you to start.

n0nce

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Quote from: Pmalek on July 14, 2021, 01:04:40 PM

Quote from: BlackHatCoiner on July 14, 2021, 12:15:48 PM

You're neither late in Bitcoin. Just because you didn't receive 10000 BTC for giving away two pizzas doesn't mean that you're late.

When people talk about getting in late when it comes to bitcoin, they usually talk about a lost opportunity to become millionaires or billionaires once those coins are converted back to fiat. They feel sorry that they didn't learn about bitcoin early enough to turn a $100 investment into several million dollars. That's impossible with today's prices.

But why does that have to be your only goal? I mean, sure, getting rich and not having to care about money for the rest of your life is great, but you can also appreciate the fact that even gains of 10% or 20% are much higher than the interest you would earn from a time deposit in traditional banks. And if you believe in a world where bitcoin will achieve a much greater adoption rate that wont require you to exchange it for fiat, hold on to it and wait.

I would take a safe 10-20% gain over a super risky potential 1000x any day. I don't understand why everyone's so obsessed with 'getting rich quick'. In fact, if you pursue that, you'll statistically get poor quick. Because it's a gamble.

Just like it was a gamble to buy 1,000BTC for 1,000$ over 10 years ago - nobody knew if the code was correct, if the concept would establish, if people would even be interested.

Today, with the myriad of shitcoins, which all have their own goal and thing that they're trying to fix, the reality is that you're playing a game of luck and hope that the coins you chose will 'moon' to then dump them for fiat or BTC. Trying to 'find a coin that goes 100x' gets really close to gambling I must say. Even coins with objectively good ideas and good intentions aren't guaranteed to increase in value and might still be a bad investment.

Anguwa

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Unfortunately this same mistake people made by saying, I have missed so many opportunities back, I could have started earlier than now, I am among the same people that were saying that, but after going through different research, and me joining this great forum made me change the thought and I now have free mind to learn crypto with confidence because there is a great future awaiting us. Time will surely tell because there is that belive in me that it will be well and we shall all succeed n cryptocurrency.

swiftxi

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Quote from: KingsDen on July 14, 2021, 04:59:52 AM

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

Some times are better than others , right now faucets are useless.A regular person cannot event aproach the possibility of mining with GPU or sha256 miners becouse they are so expensive.
Startups are still good though ,cheers.

Gosgosking

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Yes no late commer in cryptocurrency. Cryptocurrency is an umbrella that can accommodate everyone. No regret about coming late into cryptocurrency. All things can be gain once you embrace cryptocurrency

ethereumhunter

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Quote from: ROSERTY on July 21, 2021, 09:35:06 PM

Although the encryption industry has been a long time since it was first created, it is not too late to invest in it. With the further development of blockchain technology and the increase in the needs of crypto investors, the actual use and market value of cryptocurrencies have increased exponentially, and some countries even support the encouragement of bitcoin payment transactions, which has a positive impact on the future development space .

Yes, when people want to invest in crypto, they can do that anytime and even with little money. But what they should remember is crypto has volatility which means, people can not expect to see the price will still increase. People need to know how to prepare for the worst thing that can happen to use it for their own benefit. With the popularity of bitcoin, it will become mainstream and attract more people to join bitcoin.

ROSERTY

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Although the encryption industry has been a long time since it was first created, it is not too late to invest in it. With the further development of blockchain technology and the increase in the needs of crypto investors, the actual use and market value of cryptocurrencies have increased exponentially, and some countries even support the encouragement of bitcoin payment transactions, which has a positive impact on the future development space .

akirasendo17

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Quote from: KingsDen on July 14, 2021, 04:59:52 AM

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

you have a point, but at this time the most important coins are already at high, but yes if you are just talking about profit, there are really other coins that are not too expensive at the moment, which will have a higher value at the future, the most important thing about it is you need to be early at some point, getting ahead is way better than late because you can have it at a cheaper price, and take profit while others are just getting started.

Liamttw

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It has been ten years since Bitcoin appeared. Many people admire the high profits made by early investors while lamenting that they have missed the opportunity to enter the market. But after experiencing the bull market, many investors including me believe that it is never too late to invest in cryptocurrencies. For me, investing in Bitcoin is a very meaningful thing, because it is not only my belief, and I can also get investment income from it. With the large-scale application of blockchain and cryptocurrency, the future of Bitcoin is immeasurable.

QueenVera

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Quote from: KingsDen on July 14, 2021, 04:59:52 AM

If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

Be very careful when giving out advice like this as it seems like a financial advice, this particular advice has lead many to their doom in the market. Just because a coin is not expensive doesn't mean it's a perfect alternative to the already expensive ones like bitcoin etc. This same reason is why people go and invest in coins trading for just zero's of cent without realizing they're buying coins that has billions to trillions of supply circulating which makes it impossible to increase without manipulation.

When investing, consider the fundamentals of the project before looking at the price. Many projects currently listed in the market shouldn't even be tradable as they offer nothing to the industry. They're just pump and dump coins waiting on their new victims to scam.

sapnu

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Quote from: KingsDen on July 14, 2021, 04:59:52 AM

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

In crypto, it is not always about how early you made it or how early you knew about it. It is all about how wise and strategic you are with the current knowledge you have and the timing you wait for as you enter. The value of every crypto is volatile meaning it keeps on changing over time. Once you witness a massive dump, do not hesitate or lose the chance to invest. As you invest, you can try holding as much as you can so that all of the money you spent will go back to you with some extra profit. Knowledge and perseverance is the key to a successful investment so make sure you always have that two and surely you'll win at the risk you took.

AakZaki

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Maybe you're not the only one who said that to me. Especially crypto newcomers. I think it's never too late to join. I think if they were really serious they would be able to handle that.
Expensive coins, cheap coins, I don't think so, your skills to decide to buy, sel, and analyze are the most important thing. You must be able to take advantage of those moments to double your money.

Porfirii

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Congratulations on that boyptc: The best time to start with cryptocurrencies was back in 2009. The second best time is now!!

There are still many opportunities for those who seek them in this space and I guess that it is still possible to make a living from cryptos if you invest some time researching and learning. There are so many things one can do, depending on his abilities!!! Investing, programming, sharing content in social media... and other creative/innovative business models I can't even imagine right now.

boyptc

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I've also thought the same when I entered this space.

I really thought that it was too late but it didn't matter to me but just pushed with what I've got by that time I've started.

It's never too late as cryptocurrencies are emerging and if you truly believe that this space is going to be bigger than it is right now, you're never too late to buy at cheap prices of cryptos you want to buy.

isaac_clarke22

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Quote from: Pmalek on July 15, 2021, 03:40:56 AM

~

Bingo! I knew it.

Well I wish I had the nostalgic feeling of that sight of CMC in that year, but in the other side I could have quit trading coins because most likely I invested in those dead coins you mentioned due to me being new to trading. Cheesy

Thanks for pointing out the exact post.

Lucius

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Quote from: KingsDen on July 14, 2021, 03:33:31 PM

Quote from: Lucius on July 14, 2021, 08:16:48 AM

Do you really think that a new crypto king will be born? I always thought we already had a king on the throne with an army of tens of millions supporting him.

We share same thought. However, no king lasts forever. At a time the kingship is transfered to a prince for continuing. Or will BTC exceptionally be an everlasting king?

Here of course we speak in metaphors and call Bitcoin the king of cryptocurrencies, so if you want us to go literally in that direction then we can say that Bitcoin was born as a king because it was the first and without competition. From then until today, Bitcoin has built its reputation and strengthened its position and today is arguably the best known and most trusted cryptocurrency. Anyone can be proclaimed king, but few deserve the respect and loyalty of their subjects.

It is true that nothing lasts forever, but we should not forget that all possible imaginary crypto princes have a terribly difficult task in overthrowing the king from the throne - of all coins/tokens only Bitcoin is really decentralized, everything else is pale copies chasing profit.

Pmalek

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Quote from: isaac_clarke22 on July 15, 2021, 01:36:57 AM

Can't quite recall if it was you that posted that snapshot of CMC back around 2013 (can't recall the exact year) in comparison of the coins right now in CMC.

Good memory! Yes, that was me. It took me some time to find that post you were referring to but here it is. From the 14 coins that are listed in that historical capture, we only have Litecoin that has any significance and value today. Everything else is gone or barely struggling for air.

Quote from: ?? on ??

- Namecoin - down +80% since its ATH.
- PPCoin or Peercoin - down +85% since its ATH.
- Novacoin - dead or no liquidity.
- Devcoin - dead.
- Terracoin - down +96% since its ATH.
- Feathercoin - down +98% since its ATH.
- Freicoin - down +97% since its ATH.
- CHNCoin - dead.

isaac_clarke22

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Quote from: Pmalek on July 14, 2021, 08:08:08 AM

~

Can't quite recall if it was you that posted that snapshot of CMC back around 2013 (can't recall the exact year) in comparison of the coins right now in CMC.
It was kind of insane how much changed in terms of the price of each coins back in those years until now.

@OP I smell that you're gonna kind of fall for some pump and dump scheme from that. Careful, I would say.

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