Topic: Too late to start? - page 3. (Read 1701 times)

I don't think it's ever too late to invest in cryto, though have been hearing about crypto for a very long time too, and I was so convinced to Join and invest, and that was one of the reason I joined Bitcointalk so I can learn and have an understanding about cryto before investing so I won't always be on the losing side.
Op I will tell you it's never too late to invest in crypto, you just need to learning and understanding the trade before you can invest, that's my little advice to you...

No, it is not too late to start investing in cryptocurrency. In fact, many experts believe that we are still in the early stages of the crypto revolution and that there is still plenty of room for growth in the industry. However, it is important to note that investing in cryptocurrency can be risky and volatile, so it is important to approach it with caution and do your own research before investing.

If you're just starting out, some essential things to learn about cryptocurrency include:

Understanding the basics of blockchain technology: Cryptocurrency is built on blockchain technology, so it is important to understand how this works and why it is important.

Learning about different cryptocurrencies: Bitcoin is the most well-known cryptocurrency, but there are many other cryptocurrencies with different use cases and features. Research and compare different cryptocurrencies to find ones that fit your investment goals.

Understanding cryptocurrency exchanges: You will need to use a cryptocurrency exchange to buy and sell cryptocurrencies, so it is important to understand how these work and how to use them securely.

Investing wisely: Only invest money that you can afford to lose, and diversify your investments across different cryptocurrencies and other assets.

Staying up to date: Cryptocurrency is a rapidly changing industry, so it is important to stay informed about new developments and news that could affect your investments.

Remember, investing in cryptocurrency can be risky, so it is important to do your own research and only invest what you can afford to lose. Good luck!

Losing money is part of life. No one has ever lost anything. The main thing is to learn the right lessons from it. And you have to understand that in the beginning you can only lose money, and when in time you become immune, you can finally start making good money. Perhaps you need this bad experience so that you will always have good luck later on.

Even if to talk to experienced traders on this forum we can find out that it can be fun only if you will find a correct personal rhythm, otherwise a burnout is what awaits for majority of traders earlier or later. Trading is not something easy peasy, it takes time to learn and requires experience to stay in profession.

So it's not too late to start anytime but it's not reasonable enough to start if the one is not sure if he likes to spend much time and part of himself to become a trader. It's usually not what you can do without any knowledge and experience just while coffee break.

That is where many individuals get it wrong when it gets to acquiring knowledge first before considering going into trading, majority of people always put the profit before the knowledge, which is why a lot fall victim to scams and end up trading when they are supposed to be holding trading has its own risk, so you must be emotionally prepared to lose more money than you make. cryptocurrency is a process if you want to actually want to succeed.

Trading is actually very interesting if people can understand the process it's fun, and like said before is always about the profit for many, I think sometimes experience id the best teacher once you don't have the knowledge and you loose money then you learn.

Since the crypto market is big enough to accumulate all our holding so with this I don't think there is anything like too late to invest. Since there are new project that are enteri6the crypto market everyday, we have vast choice to make and go for the right coin we are looking for if we are interested in holding them.
The price of crypto coins are always fluctuating and we should make sure that we buy low when price is down and we sell high when price is high so we can utilize our patients.

Getting the proper knowledge about Crypto is the first thing to do when you want to start Crypto trading as you said,knowing many things about it will enable you know when to trade and when not to,because we all know trading is seasonal.The earlier the better for crypto traders,the earlier you get involved in trading or investing,the more chances of making more money you get.Sometimes I feel bad on the fact that when I started Bitcoin,I didn't start on the line of trading,when I eventually ventured into it,I rushed into it without calculating the steps involved,and I lose so badly.Therefore,if you are about to start trading,I will tell you it isn't too late to start,but you need to calculate your steps,analyse the market before you venture into any trading.

BTC is currently valued at 1 third of its all time high. You have to admit that it was a bumpy road. To some people it is not a given that BTC will be a success in the future.


Central banks will launch their CBDC's soon. Which is digital monetary slavery and total control over our belongings. The power to switch off our means of payment whenever they want. BTC is the ultimate threat to CBDC's. They have no control over it and they hate it. It is a threat to their hegemony and therefore I expect an all out war on bitcoin.
For example 3 days ago I transfered 5000 euros to an exchange, as a first deposit to get into crypto. I had informed my bank that this would happen as part of an investment (no details given of course) and that it was normal.

24 hours later there was a notification on the exchange. Your payment has been declined by your bank. Please contact them..
So I contacted my bank by email. Neither the local office, nor the main office claims to know why it was declined. But it was declined by "banking group", some organization at the top. They must know that my payment was intended for an exchange.

Even with only 1 million people worldwide owning 1 BTC or more, banks are already working hard to prevent fiat money flowing to BTC.
Can you imagine what happens when the inflation spikes higher? They know that people seek for a hedge against the inflation, and this poses a systemic risk for the stability of their monetary system. Money flowing out of the system is deadly for banks.

I don't know to what extent banks will be able to prevent money from flowing into BTC.
But as part of the fight I expect all governments in Europe to develop serious penalties for holders of BTC who did not declare their holdings to the authorities.

That kind of stuff is why most people and most institutions are still not involved in BTC.
Gandhi has a famous quote. First they ignore you. Then they laugh at you. Then they fight you. And then you win.

BTC has been ignored and laughed at. Now more people are aware of it, and wish to get away from fiat, the fight has only just begun.
And I am not 100% certain about who will win. I guess a lot depends on where you live and what the local law says.
I wonder to what extent BTC will be a store of value when your judicial system gives you a prison sentence for owning it. This is not reality at this point, but it would not surprise me.

What does mean about late to start? did worry about bitcoin and altcoin price have pump or any reason about risk waiting when investing assets in cryptocurrencies. I think some one need change their mindset when investing money on some investment kinds not only in cryptocurrency but also in real business investment. Move from your minds about words late for investing because every investment have risk although your are investing in the early.

Need of businessmen mindset when investing in cryptocurrency and have ready with risk, but keep smart and understand well about price research before investing in cryptocurrency.

The better thing was that you initiated that time but if you missed that opportunity then try to don't miss present opportunity because in coming year the price will be more worthy than present one. The essential which you have to learn are first of all getting education about crypto and bitcoin after which you have to put money but money should be minimum as you are newbie and newbies can take wrong decision sometimes due to unawareness of the reality.

In any type of investment, there are certain risks so you have to invest with caution and never invest with greed, that’s mostly the reason why people never last and make profits from bitcoin. And never pressure yourself to learn in a rush, take your time and enjoy every minute of it. Because once you already decide to invest, there’s no backing out. Otherwise, you will never experience the extraordinary profits from bitcoin.

There's no such thing about being late, it is really just a matter on how well you do handle up yourself on this investment world on where sustaining yourself is the thing you should really be minding about.
Also, you shouldnt really make yourself that minding about getting rich quick because having this kind of intent would surely be messing out your plans and would really be causing lots of bad decisions.
So take it slowly and be wary in regarding your investment options and decisions because this would really be a hella like a roller coaster ride which is something that
couldnt really be taken so lightly.

Sure. Never too late to start, we can begin to invest or trade Bitcoin now. As long as we have a serious intention and want to spend time learning about Bitcoin, there is always an opportunity to gain profits from Bitcoin. Now, we are still in the bearish season, it is a good time to start a new journey of Bitcoin investment. Old or young age isn't a problem, the age has no very significant influence. Knowledge and experience are 2 things that will have a significant role in Bitcoin investment/trading.

It is never too late to start if you consider crypto, because crypto has got immense opportunities available in itself and there are different dimensions available to see like Metaverse, NFTs, DeFi, CeFi, layers of Blockchains, testnets, etc. The day you start is the day it starts working for you, however if you don't invest the day you began (after studying the market and DYOR), then yes you may call yourself late in the future when it becomes your present and you see btc and alts already skyrocketed from where you saw it. And sometimes, it is also good to be late than never. Traders who didn't buy at or above $65k must be feeling great that they now got an opportunity to get in at under $19k and also made about 50% profits and will not leave crypto instead of saying that 'I'll never trade crypto again' if they could have lose the money if bought high and sold low.

In short, it is not too late to start investing in crypto. The essentials to learn include understanding the basics of blockchain technology, researching different cryptocurrencies, creating a secure wallet, and practicing safe trading strategies. It's important to remember to only invest what you can afford to lose and to continually educate yourself on the industry.

As long as it's not close to ATH, I don't think you need to hesitate and worry about buying Bitcoin,
even so we still need to do research and analysis because after all it is important,
investing in Bitcoin will be profitable, the important thing is to be patient.

There will always be those who doubt, no matter how much bitcoin costs, someone will say that it is too late, someone will say that it is too expensive, excuses can always be found, but those who see the advantages of bitcoin and understand them will buy. Don't take it literally, as when bitcoin has risen in price well enough and is close to ath then it might not be the best time to do it. But now could be a good time to buy, it looks like bitcoin is on a correction right now.

There is no such thing as “too late to start”. You can start anytime you want as long you can afford to lose that amount you want to buy Bitcoin or so.

I was also in your shoes back then asking the same thing. You know what? I’ve just decided to buy on my own instincts rather than listening to those so-called influencers hyping their viewers about BTC going 100x in the next year bla3x, etc.

I regretted not buying BTC when it was still hovering around $12k to $14k before it got up to $20k, $30k and up to $68k because of having self-doubt. But now I have taken it away so that I won’t be “missing” it again especially that the halving is coming next year.

I started DCA mid last year when BTC was at $30kish. A few of the DCAs I have are at a loss, but there are some in which I have bought them when they are around $18k to $21k, so it’s a win for me.

Until when you would really be making a move?

If you have missed lots of golden opportunities back in the past, could you still afford to miss out another run? This is why you should really remove this kind of mindset on having hindrance on taking some another shot.Its true that this would really be needing up to consider on risks taking but of course its always been part of the business or investment.If you wont move then you wont really be making something
or good results but of course it would really be still needing to be mixed up with some luck because there are really moments on my investment on which i've been thinking that no matter how i do make out
some indepth research on good projects but still do end up on getting shit results which i've been thinking that this isnt really for me but im not still giving up.

You have missed a lot of opportunities from not investing in bitcoin before, and this time it’s time for you to make it right and make it work. Bitcoin has proven that its not just about being hyped or too good to be true project, instead bitcoin is way more legit and profitable especially when long term hodling is applied. I believe while others are still hesitant to trust bitcoin, majority are still dying to buy and own bitcoin seeing its value is consistently growing as years go by.