Topic: Too late to buy Bitcoin ? - page 3. (Read 591 times)

Why do you think the bitcoin price is already high for you to invest? I know bitcoin price is about to enter $100k, and we are entering the bull run gradually, but we should know that after the bull run, bitcoin continues to grow, so we are not supposed to sell everything during the bull run, most people holding for a long time won’t even sell their bitcoin during the bull run. I have a wallet that I won’t even be touching the bitcoin in it even during bull run, but I still have another wallet that I will sell off when bitcoin hits my target.

Sure, bitcoin is the best investment you can make, and when investing in bitcoin, no amount of money is too small, even if you have a little amount of money, you can still invest it in bitcoin. Normally we are suppose to invest what we can afford to lose in bitcoin.

You can start by researching the DCA method and depositing Bitcoin every month, which can build up to a large holding over time and over a long period of time. The tendency to deposit every fraction of Bitcoin can lead to a large Bitcoin pile. With Bitcoin current upward price trend you should start with a small DCA and try to increase the deposit size over time taking into account market conditions such as making a lump sump investment decision during bearish periods. The need for a backup fund is therefore very important to manage your long-term DCA strategy.

The amount of money you can deposit per month depends on your ability but you should be able to deposit any amount and you should make sure that you have a long-term and regular DCA goal of 4-10 years.

No time is too late for you to invest in Bitcoin, as long as you can afford it and you are investing in Bitcoin for a long time, which you are not going to be in a hurry to try to cash out your money when the price might be too low. 
 
If you don't invest today and wait for tomorrow, you might not meet the price this friendly, and secondly, the bitcoin price is not something that you will say has a limit on how much it could not pass in price, which would have been maybe a reason to say it's too late to invest in it when there might not be much profit, but in Bitcoin it's just a matter of patience, and those who invest for a long time will enjoy it.

there are people who are doing DCA and are probably buying BTC using a lot less than $300-$400 per month to invest, so yeah, $300-$400 a month can be a good investment. now, I am not saying that you should invest immediately, I am just saying that with that amount of money per month it could be a good invest, also you need to know the risk you are taking, bitcoin is a volatile investment and there is a possibility that after you buy bitcoin the price suddenly dips and it could take a while for it to return to the price you purchased you bitcoin.

With that scale of amount people likely doing an investment which is doing a strategy of buying low and selling high, if you tried to check with the current market state of the bitcoin it seems there's no roof yet, and you cant make against with the trend so its up to you if you want to ride with the bitcoin at least because its now bullish but take care again there's no resistance so possible could be sky rocket or you make an investment on the top and might traders drop the market so take care with your move. If you think your late already there's some altcoins you can trade so while they are in the low price you can accumulate as you can.

Investing $300–$400 per month in Bitcoin is a solid strategy, particularly if you adopt a dollar-cost averaging (DCA) approach. This method helps mitigate the effects of market volatility by spreading your investment over time. Bitcoin has established itself as a leading digital asset, often considered a "digital gold," and its potential for long-term appreciation is backed by its scarcity and growing adoption.

However, diversifying your investment into altcoins (alternative cryptocurrencies) might be beneficial to maximize your portfolio’s potential. Altcoins can provide higher growth opportunities (albeit with higher risks).


Allocate Wisely: Consider dedicating 50–70% of your monthly budget to Bitcoin for stability and 30–50% to a mix of promising altcoins for growth.

Do Your Research: Investigate each project's fundamentals, use cases, and community support before investing.

Stay Consistent: Stick to your budget and avoid chasing trends or investing money you can’t afford to lose.

Diversification spreads risk and increases your chances of gaining exposure to the next big crypto innovation while maintaining the stability Bitcoin provides. Remember to store your investments securely, ideally in a hardware wallet, and stay updated on the latest market trends.

Altcoin Recommendations
Ethereum (ETH)
Solana (SOL)
Polygon (MATIC)
Binance Coin (BNB)
Cardano (ADA)

Yes the price is really high right now, I am also looking to invest in Bitcoin but at the current price I think I should wait for a bear season. I am regretting now because, if I had invested a month earlier I would have already made much more profit.
Anyway you are waiting for a bear season now, the bear season is actually then I would invest, because investing right now will have much less profit.

In fact, you are too late to invest in Bitcoin. Many of those who invested in the bear market and held on to it plan to sell. But if you want to invest for a short period of time, you can invest, many expect the price of Bitcoin to increase significantly in 2025. But now that you invest so much, can you afford to lose so much? We know the Bitcoin market is uncertain and it's hard to predict what will happen, everyone just assumes it will go up a lot. You have to invest with risk, if you invest now then don't expect much profit, it will be better to sell if you get some profit. In my opinion it may be better to wait for the bear market rather than investing in the bull run, when the bear market starts after the bull run it will be more profitable to invest in the DCA method and hold for a long time.

I'll not advise you to buy altcoins, there are so many of them and it is hard to select the one that would eventually give you ROI, because there are so many pump and dump altcoins. I will advise that you stick to your original plan of buying bitcoin using the DCA strategy, even if you are looking for short term gains, we are still not at the peak of this cycle, except you are ready to gamble with altcoins and it could prolly not end well for a newbie like yourself.

If this is the case, go ahead and accumulate Bitcoin as you like, but make sure you don't store up your Bitcoin on crypto exchange, or tell friends and families the amount of Bitcoin you have accumulated because nobody is to trust these days with your Bitcoin worth known to them. Keep your Bitcoin holdings private, and don't forget to keep your private keys in a safe place where you can't misplace or forget them.

That being said, I wish you success in your accumulation of $300 in Bitcoin every month. It's profitable months we have ahead of us in Bitcoin investment and accumulation

Suggest an altcoin

With either big or small investment capital, newbies can start with small part of their capital, practice DCA for their investment. It's good method to invest successfully and also helpful for them to gain experience with time in the market. If they make mistakes, starting will small capital won't cause them big losses.

Fortunately with DCA strategy for investment, if they practice it properly, there will be no wrong entry, because their entries can be low or high at different investment rounds, but with time in long term, their entry price will be averaged.

Invest small capital, do it regularly, stay in the market for a long time, will help them to understand it market more. It's foundation for their investment success in future.

https://dcabtc.com/

If they are not sure but still want to try just to start up their journey then spending small amount to start is nicest thing they could able to do. Bitcoin is strong currency though and provably that their money is safe there especially if they look forward to sell it for long term purposes.  But if they just aiming to buy and sell low then maybe they would struggle to find good position especially if they are using small amount since provably the current volatility of bitcoin might confuse them and provably this would leave up to more higher risk to lose their money.

But if they are not really so sure about their decision to invest with bitcoin best if they listen to their doubts and just start to gather more information then invest if they are truly ready to take the risk and apply those things they learn.

You are actually right mate, this is same thing I keep telling anyone who might be fascinated by the bullish momentum of BTC and wants to jump in now and buy. The price is currently high and of we remember correctly, we are only supposed to buy low and sell high. There's actually a risk right now in buying Bitcoin at a high price as it might drop and your investment would take longer to get back into profits.. it's better for op here to invest little like you said and wait for the next bear season to arrive.

There are some questions that I can ask (but I doubt if you will answer it ).

Are you buying Bitcoin for the long-term or short-term?
Can you afford to lose that amount of money?
Are you a newbie with regards to investing into cryptocurrency?

This is only my opinion. If you're buying Bitcoin hoping to make profit for the short-term, there's still some profits that you can get, but I would say investing into altcoins would give you more profit than Bitcoin at its current price. Now if you're planning for long-term, I would suggest waiting for the bear market to happen so you can buy those Bitcoins at a much lower price. I know the excitement of investing into Bitcoin especially when you already have the money but be patient especially now that we are in a bull market already. In short, I would say avoid because I feel it's too late, but hey it's your own money and whatever you feel trust that feeling of yours.

If I'm in your situation though, I would stop accumulating Bitcoin for now and focus on altcoins.

Take gold as an example of what happened on ETF approval:
Now we already have Bitcoin ETFs also, this was really expected, I was hoping this to happen after ETF approval on Bitcoin but I just didn't it happened very soon but it already happened, and I'm glad about it.
To answer the question OP, it's not too late. Best way to do it, buy in different level, so just incase you are worried about buying on the peak prices.

If you say this is an amount you can afford to lose, do it.  Maybe diversify.  A hundred Dollars in Bitcoin, a hundred Dollars in a Stock you research well and think will do good in the future and a hundred more Dollars in something else.  Maybe a Commodity or some thing like that.

It is never bad to put Money into Investments.  Some of them will fail.  Maybe most of them in the beginning.  Others may do well enough that the losses will be compensated by them.  But you can only learn through failure.  And it will probably be worth it years down the line.

It is unknown to what level the price of Bitcoin will rise, but I would not risk buying it now. In my opinion, the best solution now would be to wait for the BTC price correction and buy altcoins for the entire deposit, which should bring a good profit with the onset of the altcoin season.

if bitcoin is not a good investment why do you think that many people invest on Bitcoin on daily basis.. so I will encourage you to invest in Bitcoin because I did come prices increasing now definitely it will also experience decrease so if Bitcoin did not experience decrease this year come expressed next year but don't panic when you come across ourselves because the more you hold your Bitcoin for years the more bitcoin get appreciated in value so investing in Bitcoin with the $300 to $400 I don't think that is a wrong investment that conception that courage is good and the it will benefit you in future not now many people who has invested in Bitcoin has no regret till now, instead they are making more money on it.

If the reason you want to buy now is because of the recent rise in price then I’ll suggest you take a step back and look at it better because there is a tendency for the price to drop at any point in time but if you just want to buy and HODL it no matter what happens to the price then you can go for it.

$400 monthly isn’t that bad - you should be able to accumulate a decent amount of bitcoin if you’re consistently buying and you’ll even enjoy it more if the price should drop and you keep buying because any slight increase will cause your portfolio to increase too (but since you’re buying now you might not be able to get too much profit from it though).