Too late to start? - page 7. | Bitcointalksearch.org

Sweetbtc

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I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

The cryptocurrency market is a market where you can start investing anytime, anywhere.Investment opportunities in the cryptocurrency market keep coming.There are many cryptocurrencies that have come down well from their all-time highs.You can also take the example of bitcoin which has come down from $67000 to $16000 and is now trade at $27000.The Solana token dropped from $261 to $8 and is now trading around $20.There are many other tokens whose prices have dropped significantly.In crypto markete if the price goes up, there comes a time when the price come back to its initial position, from where people buy again.So it would not be correct for someone to say that I am too late, I can't buy now or I can't enter the cryptocurrency market.Because buying opportunities in the cryptocurrency market are always coming and will continue to come.It's just a matter of timing where to buying and selling.And information about this market is very important.

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Quote from: jokers10 on March 25, 2023, 09:44:06 AM

Quote from: posi on March 25, 2023, 04:41:58 AM

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If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

It depends on when did they sell their bitcoins. Those ones who mined bitcoins among the early adopters and sold for thousands of bucks definitely got much more than anyone can get for next ten years. Speed of growth of bitcoin is lowering with time and it is rather expensive already — to make thousands of x. It is not too late to start but newcomers will hardly earn as much as early adopters (if they didn't sell to early).

There is no doubt that the early miners and early bitcoin adopters made enormous profits, and no one will be able to repeat it as they did. Investing in bitcoin is not just holding, but we can also trade, can hold no longer bring huge profits because bitcoin is getting more and more expensive and profits are getting less and less. But for trading is unlimited, you can make hundreds of millions of percent from trading, but to make a profit from trading requires us to have more knowledge and more effort to create extraordinary things.

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Quote from: Muba20 on March 24, 2023, 06:24:46 AM

I had fear about bitcoin when it was $15k at that moment i thought maybe it will come to $10k but still confused when bitcoin reached $25k again. Currently it is standing at $28k. If it continues to rise, Some may lose the ability to buy bitcoins, so now is the right time to buy bitcoins.

I have observe fear and bitcoin and that is the best strategy that has help me overcome that fear that always trigger when I want to buy bitcoin. The best time to buy bitcoin is when everyone is afraid and think it will go lower than what has been seen. It is better to buy 50% of USD from your wallet into bitcoin becaause if really the price goes lower than the price you already bought, you can further do DCA with rest of 50% of your USD and what is good about this strategy is that, you can never loss from this as long you don't sell the bitcoin you buy, it always bounce back no matter what.

jokers10

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Quote from: posi on March 25, 2023, 04:41:58 AM

...
If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

It depends on when did they sell their bitcoins. Those ones who mined bitcoins among the early adopters and sold for thousands of bucks definitely got much more than anyone can get for next ten years. Speed of growth of bitcoin is lowering with time and it is rather expensive already — to make thousands of x. It is not too late to start but newcomers will hardly earn as much as early adopters (if they didn't sell to early).

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Quote from: fauzan Ichsan on March 25, 2023, 02:41:31 AM

Quote from: molsewid on March 24, 2023, 10:13:48 AM

Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No you are not late, just imagine many other banks still did not accept bitcoin as well as the government so don't worry you are early. We are expecting for more projects to be born and pump next year as we will are having another halving so you don't need to worry about it. Just invest in crypto but make sure it is well researched and it will not run soon.

for now it is not too late to get to know and learn about bitcoin, there is still the possibility of getting profit from investing in bitcoin, on the other hand the bullish season has not yet come and it is an opportunity to be able to welcome it, especially now that bitcoin is showing its performance not experiencing a crash again and surviving in the area $28k. hopefully this bodes well

I won't mention the next bull season, but if OP has a long-term vision for the next 5 to 10 years and wants to make bigger profits than investments like gold and stocks, then bitcoin is still a much better choice. It can be said that we are still in the early stages of the revolution, everything is still very new, and many opportunities await us.

I don't think it's a matter of getting in sooner or later, but how long we'll stay in the market. If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

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It is never too late to start investing in cryptocurrencies, but it is important to understand that cryptocurrencies carry a high level of risk and that investing in them may not be for everyone.
If you decide to start investing in cryptocurrencies, there are a few important things to consider:
1.Study the market, before you start investing in cryptocurrencies, study the market and the basic concepts. This will help you better understand how the market works and make more informed investment decisions.
2.Develop a strategy, define your goals, risk level and investment volume, and choose the right strategy. For example, you may decide to invest long term using a "hold and forget" strategy, or you may choose to take a more proactive approach, trying to capitalize on price fluctuations.
3.Use secure platforms
4. Be prepared for price fluctuations, the price of cryptocurrencies can fluctuate significantly, so be prepared for your investment to lose value. Don't invest more than you can afford to lose.

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Quote from: molsewid on March 24, 2023, 10:13:48 AM

Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No you are not late, just imagine many other banks still did not accept bitcoin as well as the government so don't worry you are early. We are expecting for more projects to be born and pump next year as we will are having another halving so you don't need to worry about it. Just invest in crypto but make sure it is well researched and it will not run soon.

for now it is not too late to get to know and learn about bitcoin, there is still the possibility of getting profit from investing in bitcoin, on the other hand the bullish season has not yet come and it is an opportunity to be able to welcome it, especially now that bitcoin is showing its performance not experiencing a crash again and surviving in the area $28k. hopefully this bodes well

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Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No of course it's not too late to start investing in crypto currencies. Every day brings new opportunities that we can profit of. The only point where it would make no sense to start trading cryptos would be if all countries in the world ban cryptos and we couldn't exchange them anymore. Which is very unrealistic, even is some countries ban the use of cryptos there will always be other countries that encourage it. My advice to you is to not think too much and wait to long again before making the first step. You should definitely learn about cryptos, but you can do this while already owning some. Buying bitcoins would be a great first step and when owning some coins you become more motivated to learn about the subject. Once you are familiar with bitcoins you can take a look at the alt coin market and learn a lot about all the projects. Just because we don't know something doesn't mean we should be staying away from it.

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Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No you are not late, just imagine many other banks still did not accept bitcoin as well as the government so don't worry you are early. We are expecting for more projects to be born and pump next year as we will are having another halving so you don't need to worry about it. Just invest in crypto but make sure it is well researched and it will not run soon.

Muba20

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I had fear about bitcoin when it was $15k at that moment i thought maybe it will come to $10k but still confused when bitcoin reached $25k again. Currently it is standing at $28k. If it continues to rise, Some may lose the ability to buy bitcoins, so now is the right time to buy bitcoins.

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I'm part of a trading group that has been incredibly helpful in sharing insights and new strategies. It's great to be able to bounce ideas off of other traders and get feedback on potential trades. Plus, being in a community has helped me stay disciplined and avoid emotional trading. BTW, have you checked out XGo? They just listed Arbitrum $ARB and have a buy-by-card option to make it even easier to get started.

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Quote from: MusaPk on March 23, 2023, 06:55:36 PM

Quote from: jeraldskie11 on March 23, 2023, 06:10:19 PM

It's never too late to invest in Bitcoin. If you have money now, then it's time to invest. Bitcoin price will continue to rise. But if you invest, you should not spend it all there in one time. If the market structure of Bitcoin is uptrend, you will always invest in the discount zone. That way you are smarter with your funds. Just don't sell your Btc when it drops below your buying price so that you don't lose, there is nothing wrong if you don't sell your Btc. Just make sure that what you invest is only your extra money and you will not use it. Wink

It will too late only if we keep on thinking whether to invest or not. If we see price chart of bitcoin then it's very much evident that price is going up only with dips occurring side by side. Bitcoin price is 27k right now and it's not possible for everyone to buy complete bitcoin, good thing about bitcoin is you can DCA it over time and with this strategy one will never say he has invested in some wrong market. I do agree with you that never invest all your money in bitcoin since its risky investment. Always go with spare cash you have.

Always have the right management with your money before taking your decision to invest with bitcoin, there are many factors that you need to understand before starting your journey.

There's no right or wrong with investors who will take time to DYOR and understand the concept of this investment,
having good plans and a good money management will allow you to make something decent in this industry.

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Quote from: jeraldskie11 on March 23, 2023, 06:10:19 PM

It's never too late to invest in Bitcoin. If you have money now, then it's time to invest. Bitcoin price will continue to rise. But if you invest, you should not spend it all there in one time. If the market structure of Bitcoin is uptrend, you will always invest in the discount zone. That way you are smarter with your funds. Just don't sell your Btc when it drops below your buying price so that you don't lose, there is nothing wrong if you don't sell your Btc. Just make sure that what you invest is only your extra money and you will not use it. Wink

It will too late only if we keep on thinking whether to invest or not. If we see price chart of bitcoin then it's very much evident that price is going up only with dips occurring side by side. Bitcoin price is 27k right now and it's not possible for everyone to buy complete bitcoin, good thing about bitcoin is you can DCA it over time and with this strategy one will never say he has invested in some wrong market. I do agree with you that never invest all your money in bitcoin since its risky investment. Always go with spare cash you have.

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It's never too late to invest in Bitcoin. If you have money now, then it's time to invest. Bitcoin price will continue to rise. But if you invest, you should not spend it all there in one time. If the market structure of Bitcoin is uptrend, you will always invest in the discount zone. That way you are smarter with your funds. Just don't sell your Btc when it drops below your buying price so that you don't lose, there is nothing wrong if you don't sell your Btc. Just make sure that what you invest is only your extra money and you will not use it. Wink

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Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

it is not too late in my country there is a lot of people that didn't know what is crypto and how it works, so even if you start investing today you are not too late, but you need to consider the actual price and your limitations, if you think 27k$(present bitcoin price) is good to invest depending on your limit then invest into it just stake to the rule that only invest an amount that you can afford to loss.

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Quote from: Bitcoin_people on March 23, 2023, 08:34:52 AM

Since you have known about cryptocurrencies for a long time but have not yet acquired a good understanding of trading. But if you are new to trending then you must first know and discuss the market in detail. Next you start trading with small amount of money. And later if you keep increasing your money amount. Then one time you can be successful in trading.

for someone who starts trading, it will not be that easy. In the beginning, there will be quite a lot of losses, it depends on how quickly understanding and trading skills can be mastered.
in a losing situation, mentality and persistence are quite important. even with a small amount at the start, if you continue to lose it will put pressure on new traders. but your advice is quite good, minimizing the risk of loss when we don't have much experience, and using small capital as a start is a good step.

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Quote from: Davidvictorson on March 23, 2023, 10:12:20 AM

Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

It is a definitive no and here is why it's not too late to start investing in Bitcoin not just any crypto currency. Why do I feel like you are having a bitcoin unit bias? If yes, that is why you may think that the plane has left the airport. But here's what you should do. You do not need to buy 1 bitcoin if you can't afford it. You may choose to buy 1000 Satoshi's which is still bitcoin but just smaller units and DCA from there.

This is exactly how I felt initially. There is still time. Even people who will get in in 2 years are still early. Bitcoin is just 14 years so it's still in the early stage. If companies are still jumping in, then I see no reason why individuals shouldn't. I started following Andreas Antonopoulos his books, podcast, and teachings on bitcoin totally helped me understand bitcoin and its potentials better.

Dont really force up yourself on getting one whole coin which same as you said on which we could really buy up in fractions and able to accumulate as much as we can but of course you should only invest on the

money which you can only afford to lose because we know that future isnt guarantee on here.Its never been late to start even we are just new into this market or complete newbie since prices arent really that
too high on which there's still lots of rooms for us to grow considering that recognition isnt really still on its full scale yet which we could assume out that its never been that late to caught up.

One thing you should really put up into your mind that risks do always lies ahead but if you do plan for long term hold then its up to yours.

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Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

It is a definitive no and here is why it's not too late to start investing in Bitcoin not just any crypto currency. Why do I feel like you are having a bitcoin unit bias? If yes, that is why you may think that the plane has left the airport. But here's what you should do. You do not need to buy 1 bitcoin if you can't afford it. You may choose to buy 1000 Satoshi's which is still bitcoin but just smaller units and DCA from there.

This is exactly how I felt initially. There is still time. Even people who will get in in 2 years are still early. Bitcoin is just 14 years so it's still in the early stage. If companies are still jumping in, then I see no reason why individuals shouldn't. I started following Andreas Antonopoulos his books, podcast, and teachings on bitcoin totally helped me understand bitcoin and its potentials better.

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Since you have known about cryptocurrencies for a long time but have not yet acquired a good understanding of trading. But if you are new to trending then you must first know and discuss the market in detail. Next you start trading with small amount of money. And later if you keep increasing your money amount. Then one time you can be successful in trading.

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Quote from: GlobalMilk99 on March 07, 2023, 06:06:03 PM

So, as the title would suggest, is it too late to start investing on crypto?

I assume you are not a beginner in my opinion, because you have been in this forum for a long time even though you were not active for several years. That's okay because I think everyone has reasons with their own conditions to stop exploring the crypto world.
I think it's normal if you have doubts and don't have the confidence to start learning about investment or crypto trading again because everyone has inhibiting factors.

No one can guarantee for sure your question about whether we are too late to re-enter the crypto world, but I convey this not only for you but also for others who may just start their journey in the trading or investment in crypto so as not to have or raise your doubts.
I think it's better for anyone to immediately take steps to start or get to know and learn again rather than not at all. Because in crypto trading or investment there are still good opportunities to make a profit.
We must always take advantage of the opportunities that exist to prosper ourselves and improve our finances, while we are still given life and reason to think.

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