Topic: You are still very early - page 6. (Read 1026 times)

Don't stress yourself out over the current price or what others are saying. Instead, focus on the bigger picture and the long-term potential of Bitcoin. We're still early in this game, and there's plenty of room for growth. As a long term investment plan asset, Bitcoin can only show its full potential in the long run. Just hodl firmly and be patient. The real scarcity rate and massive adoption are yet to come. But it will come, that's for sure.

Many people thinking it's too late to invest in Bitcoin because they think it won't generate them significant profits in the short term, thinking that the price of Bitcoin is already high enough to make make huge profits from it, and also thinking that early Bitcoin investors have already reaped the rewards of the Bitcoin.However, a lot of people are unaware that it take years for even early Bitcoin investors to see a return on their investment that large.Many people who passed up the chance to buy Bitcoin years ago are now regretting it since they didn't realize the price could rise to this point.Let's just keep in mind that even $200 worth of Bitcoin is not too a little amount to store for the future and could result in significant gains.

I strongly dislike individuals who consistently provide reasons why I can't accomplish certain things and so on. Similarly, I have a disdain for those who present various arguments against entering the Bitcoin market at this moment. However, they will eventually regret their stance. It is important to acknowledge that Bitcoin investment is not a shortcut to instant wealth; rather, it is an opportunity to capitalize on market volatility. Therefore, let's set aside all excuses and seize this chance. It is still not too late to get involved with Bitcoin.

Op I like your thread. Then let me come to above listed statements. Those who are making those statements are novice in bitcoin in particular and cryptocurrency at large. If bitcoin is 21 millions US dollar, have they gotten one bitcoin out of the 21 millions? That is why scholars said, ignorance is a disease. And if they are not interested to invest because the total number of bitcoin is 21 millions is their own business, people around them will give use it to make it in their life. Bitcoin Miners are making more bitcoins ever in the period of high transaction fee rate. If bitcoin value is high then it is the best time to invest.

Right now, it's better to focus on Bitcoin first. Bitcoin is like the benchmark and reference point for all other cryptocurrencies out there.

Although some altcoins can bring in huge profits, many of them are still questionable. It's not really a benefit to ditch Bitcoin for altcoins just because they have the potential to make more money. The truth is, fundamentally speaking, altcoins are not better than Bitcoin.

You must have noticed, haven't you? Many altcoins come and go, which proves that they still can't compare to Bitcoin in terms of significance.

To say the least, I choose to invest in bitcoin as an asset like gold. Because, over the past decade, bitcoin still exists and its potential for development is still there, the liquidity in the market has also gradually started to become more stable than before. So choosing it as an accumulative asset is a good thing. If you want to make money faster in this market, I think it is reasonable to switch to altcoins because the push of the fish can make a coin x10 x20 and reach the top 500 coin markets easily.

The time you could've spent on researching if bitcoin is a good investment choice for you is wasted on hating and throwing shit against bitcoin that is all based on FUD and questionable evidence. 21 million total supply shouldn't even be a problem but since FUD can be made out of anything these haters are here doing whatever it takes just to steer the average joe towards their cause. Even saw US legislators calling bitcoin "racist" like how they fuck do they even come up with insults and allegations like these lmao.

In any case, my clapback against anyone who hates on bitcoin without having any bitcoin on them, is well, challenge them to hold bitcoin for a couple of months/years. If it made little to no difference to their lives then that just means it's not as bad as they put it, and if it did make good changes in their lives through profit or whatever, then that just means it's a great thing, and most of their hate are just baseless and made to hate, but not to inform.

Most folks have seem to take the latter taught on this reply to be the most concrete reason and purpose for the creation of bitcoin. But you won't blame anyone for thinking that satoshi plan was making bitcoin as a means of investment because the rate at which the financial sector has failed so many people and the high of inflation has taken this view to a great height because over the years people have been searching and still searching for an investment means that will prove to be efficient when it comes to saving your money as banks having to be very unreliable when its faced with the kind of tasks.

Bitcoin value is high there is no doubt in this fact even if it is low everyone cannot afford to buy it but as you are talking about the gains so yes you will surely make gains because the value will rise more than this in near future.

If you have keep eye on history then it will be clear that everyone who put money in Bitcoin in past or in present there is always a positive signals for them due to the green concept of bitcoin. In this year if today the price of bitcoin is 28k$ so in future or coming year may be its cross the value of 40k$ so there will be maximum return for your investment if you put money now and don't wait more.

First, I will tell them that Bitcoin is a digital currency designed by Satoshi for the purpose of allowing the common person or anyone to be in full control of their financial management without any financial elite or any third-party being involved.

They should know that the idea of Bitcoin was not even to be used as a means of investment when it was created. It was to be used as digital currency, the means of carrying out a transaction via P2P, but after the price hike, level of volatility, halving, and bull run, a lot of individuals have chosen to invest in it.

That's why they say, "If you are investing, invest only what you can afford to lose and have full knowledge of what you are investing in. Normally, some people think that the idea of Bitcoin was to serve investment purposes, but when the author of Bitcoin built Bitcoin, he never said it would serve as a means of investment.

So, whoever is thinking those things and seeking to know why they should invest, if truly they seek to invest in Bitcoin with good intentions and not as if they are being mandated to do so by anyone, then let them learn while you give them just some guidance to do so; otherwise, let them believe what they want; only you can correct them to some misconceptions if they have any, and if they also need you,and are also ready to hear you talk to them about what Bitcoin is all about.

As long as bitcoin has not reach its apex, then there is still more to gain in the nearest future, irrespective of any short comings

I agree, it doesn't really matter whether if you invested much earlier or just invested this year. The important thing is to start your journey as fast as you can before any day goes by without doing anything aside from saying to yourself that you're already late because a lot of things has happened. There are pretty much dozens of reasons why you should invest now instead of doing it later, remember that gains is always a gains and you will not get that if you're still doubting at the time you're on.

I know that the limitations that someone has is usually the one they set for themselves. Whatever reason stopping you from investing in bitcoins is usually a reason and limitation you have put on yourself and can easily be overcome when you want to and if only you know better.

This is the reason and limitation that people have put on themselves and the one that I hear the most from people about why they have not invested in bitcoins. Even due to this reason, some people have chosen to invest in altcoins heavily especially the new ones, they end up being victims of pump and dump scheme.

Even if you say those things, you won't be able to fully be alive when the 21 million is supplied within the system. That's just a lame excuse. basically everything is a lame excuse TBH if you are not going to try. The best way is to just invest what you can and you can definitely maybe be thankful in the long run.

I do hope that everyone would be able to reach that 0.1 BTC and be thankful.

Because of scarcity, we have to invest from now on, it will be dwindling to reach that supply.
I know miners can't earn much more, but at least they are still on it.
The highest bitcoin value is $ 68K, of course it's not too high if we can hold it longer with a few decades, I don't think it's too late to invest in bitcoin, even if we start from now.

0.01BTC to 0.1 BTC can be increased according to what is planned in the investment in doing the DCA method.

We won't get a profit if we sell below the purchase price. But if we sell it at the purchase price, regardless of the current bitcoin price, it will provide profits and we can get that profit with a target if you want to be many times the purchase price
so whenever we buy btc we will definitely get a profit if we sell btc above the purchase price, not the price is falling
stay calm and relaxed when the market is volatile as it is sure to return to the moon after the shocks occur

Don't forget that we're also tuning in and waiting for the next halving next year. So, from the 6.25 BTC per block reward. It is going to be lower and cut into half which is 3.125 BTC per block reward. For those that don't understand it, the miners are going to get lesser bitcoin but then this is going to affect bitcoin in value or price particularly. There will be lesser bitcoin to be mined every halving and yes, it's still early. This is the power of Bitcoin for being scarce and having a limited supply. Let those people that don't want to listen to these advices that they should invest now or else they'll truly regret it and will finally say that they really are too late to get in.

As I always thought, it doesn't matter when you enter the market, what matters is how long you can stay in the market and how much bitcoin you hold. But admittedly the early entrants have a better chance than us as they always buy at a better price, but they won't be able to beat us if they can't hold long and make a good profit.
For me, how long we stay in the market is important because the reward is always for those who remain last. And history has also proven that bitcoin always gives the best returns to those who hold the longest.

People who do not invest because they think that the total supply of Bitcoin is high or that the demand for Bitcoin is now low will never invest. From $01K they are only watching but till now they are unable to invest because no matter what the price of bitcoin is they think one thing that the price of bitcoin is the highest. after they buy bitcoin the price of bitcoin will only go down while thinking about these things the price of bitcoin. From $10K dollars to $30K dollars today but till now they did not find good time to invest. How much is the total supply of bitcoins for investment it is a fact not for investment what is the demand for bitcoins. So those who have been thinking of investing for a long time can invest now if they want.

I will only give advice to those who ask me for advice on bitcoin investment, other than that I am lazy enough to convince them that investing in Bitcoin now is the right time and there is no need to delay. Usually I will give advice to people who want to listen to it by telling my experience how many years before, where at that time the price of Bitcoin was still a few thousand dollars and a few years later the price increased significantly and this will not stop there, the price will definitely continue to rise either 1 or 2 years or so, but it's definitely going up. So I say that never delay your investment, invest while you have the opportunity now.