Bitcoin Forum

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it.
Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.
The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.

for them to be able to borrow for futures trading they will have to own some first which means they first have to buy. 😀 

the reason why they think its too late to buy is because of the price of BTC. 63k for 1BTC is really heavy for someone.  they have not learned about BTC while its cheap or they were confused because they thought BTC was scam since the media made it appear as scam.

There are windows of opportunities in Cryptocurrency trading.  You as profitable as what you know and what you do.  Future and leveraging is another reason why you should trade bitcoin even more as you will profit from it either way.  I think traders who trade spot only should familiarize themselves with future and see what they can achieve with it!

I am one of those people who think they're late.

And I don't know anything about future trading or how to go about doing it.

So, I am doing what I can for now.

That is buying a portion of it whenever I can afford to and hoping it reaches 10x at least at some point in future if not 100x.

Absolutely no idea what you mean by borrow sell.  :-\

Guess what? People always think they're late when in bull markets. And guess what? A few years from now you're going to once gain think that you're late.

I wouldn't follow OP's recommendation though, unless you want to lose money.

Actually even not future trading you can do shorting as well when you see it that you're late to buy, I mean using those small time frame in trading view there's always a chance for late comer, wherein it's up to us if we really interested to gain quick profits.. But yes i understand your point @op because there are really some people that who dont want such kind of way and what they want is the time where they can get a massive profits like literally,. :D  well it's their choice and maybe they don't have enough time for it..

Futures trading isn't for everyone. Unless one is an experienced trader, it's better not to go into Futures trading. It can easily wreck one unlike spot trading. Again, it's very risky opening a short position on Bitcoin at this time as one can easily get burnt because Bitcoin is on a bull rally ATM.

Trading isn't an easy thing. Except one has the set skills for it, it can easily mess up one's finances. I know of a few traders who like to play it easy by "staking" and farming too. I guess you unintentionally missed those two out too.

---

On the issue of people thinking they're late to the party, I have this to say (a saying from my locality) – "When a man wakes from sleep is his dawn." Understandably therefore, no time is too late in the real sense of it. Just find your entry, that's all. Bitcoin is in a bull rally and will expectedly be till November.

Op, one cannot start trading futures without buying at the current market price for it is impossible for you to trade with leverage without initial capital. Remember that you really need to be a good trader before you think of trading with future as risk of losing all your trading capital.

Futures/Leverage which you do make this as a solution or last resort then you are just simply doing suicide and its true that this is pure high risk rather than on other methods.

Common behavior of a human being is on thinking about being late or they do missed the train whenever they do see increasing market price.They would had presumed that

if they would buy then price might go down.Honestly, if they had just consider out on buying on the time where the price is on its dip or correction then
they wont really be having that kind of problem in mind.

Because there are people who will always be afraid to put investment at high risk, let them be and we can't blame them if they are afraid to invest in a high-risk investment.  It might they don't know how crypto will work and they are afraid to put investment.  But for sure they will do put money as an investment if they will understand very well because most of these people think profit in a short period of time and most likely do a panic selling when seeing the market is down.

It's hard to convince people and even me, I won't do that.  Then one day they will realize that there's no late investing in crypto especially in Bitcoin most you've heard is that regrets when they neglect the opportunity.

It's hard to convince if these people don't have money to invest. The timing is not very good because of the crisis but they were also busy partying when the pandemic wasn't yet here.

But it is somewhat like a fud when they say it's too late to buy BTC. The difference is to the kind of person who says it's too late. If he said it's late because he knows the price had gone up that he figured it has to go down before he will buy.

Emotion is how emotion works especially for those people who can't control them. There are always second thoughts for them and I don't blame them, it's normal for me since I can experience it too.
In trading, it's like, it doesn't mean you close your long position, it is not guaranteed it will go down that you can guarantee a short position or vice versa.

That's why trading is difficult and there is stop loss that can always save us for our trades.

Isn't futures something that most people recommend for experienced traders to use? I'd reckon those who actually regret buying late are experienced traders since most of them would have actually realized early on that Bitcoin was entering a bull run. Those that missed out are either newbie traders or people who actually fully believed that Bitcoin would not be entering a bull run.

Plus, I hardly think people who lost the right time to enter an investment would go into futures, they could've honestly gone in even before BTC went into a run but they didn't, I suppose that speaks in of itself already. Timing is everything in trading after all.

It is applicable for experienced people but it is risky for newbies. The question "is it too late to buy" is a newbie question so if they are newbies, they should not open short position. Because after open a position, they will ask, is it good enough to close my position. With future trading, if they don't know when to close it, their position will turn from profitable to loss.

If it is too late to buy, you can find chances in other coins. Too late to buy means a coin rises too much so it is risky to enter. If you chase the market, you will take that high risk and in return high odds to lose in your position.

Find other coins with good entries and you can join them earlier in their parties.

All of us does able to experience too specially when we are still noob or newbie into this market on which you cant really able to resist on being impulsive because we do still lack knowledge and experience then it just normal that mistakes like these are very common for someone to experience.On the time that we do able to get sufficient knowledge and experience then this is where story becomes different.We are just humans ad we do really able to make ourselves better and improved.

Futures trading is amazing instrument however its the most risky type of trading. Yes it can give you enormous amount of cashback but it can take all of it once the timelines has passed and your prediction turns out to be wrong. Most of the times its the second one because futures in crypto market is almost next to unpredictable With the amount of volatility and liquidation it has, you are literally giving away your money to the profit earner in that window. Dont push yourself towards the greed if you did not buy in time. Moreover, its never late in the crypto, as you can see from the decades of data. BTC is rising ever since. So no need to be on FOMO train.

When I hear people complaining about being too late to buy most of the time what I interpret about what they are saying is that it is too late to buy and hold, now this is not true either as anyone buying now and being willing to hold for the next decade will obtain huge profits as well.

Basically when I hear people complaining about this I see people that just wanted easy profits without any risk being taken by them, something that is not possible as those that invested when bitcoin was cheaper were taking an enormous risk and they had to endure huge crashes along the way as well, so if were you I will not bother with them because it is obvious they are not looking for solutions they just want to complain about the fact they did not got rich with bitcoin.

Futures trading is riskier than spot trading as you don't own the coin you are betting on. So I won't advise a noon to venture into that without having adequate knowledge of it.

And for those who think that they are late, they aren't. There would be multiple bull runs in the future so anyone into crypto right now is an early bird. What they need is patience and buying some good coins such as blockchain coins, DeFi tokens and NFTverse.

It is not too late to buy, now is a perfect time to buy. Since today the market is in a big correction, there are many coins having very cheap prices. Considering we probably have an altcoins season in the next few weeks, better to decide to buy this time. I am sure the market correction won't last a very long time. In my opinion, the next jump must happen before the end of this year.

There is no early or late time to buy in crypto. As long as you know when to sell (which of course, should be higher than your buying price), then it is all good. Usually, people have high expectations with their profits, the reason why many people are waiting long time before they sell. But the common case is that the coin they are waiting to increase its price, is continuously going down. Only few coins can rise after the dump. So if you are a beginner, in my opinion, better keep your portfolio in the top and established markets.

it's actually never too late when you look for bottom prices and start entering. Spot trading will continue to provide profits even when prices are already high by taking advantage of any price fluctuations.
But if you do choose to trade futures, there is nothing wrong with starting short. But to fall to the price of $ 30k it is still impossible for now. The price of bitcoin is still continuing and creating new ATH again.

People do common lost out  their chance to make profits just because they are always looking for possible bottom prices which they could get in and
when the price starts to climb up again then thats the time they do make out some purchase and whenever it do drops then they do panic sell.

Keep repeating on the same mistakes until they would make out some regrets in the end because they havent able to recognized or consider
on buying while its still on deep reds.

This is a matter of risk taking when making out buying decisions its either a do or die situation of course.

Some of these types of trading can be really hard for some traders to understand, and these are the types of trading that carries much risk. It’s just like leveraging, if you should make a mistake here you know that it’s going to be a big problem.

If you do not know how to trade futures, it would be best to stay clear from it from now until you feel that you have developed really good skills in trading to be able to handle this type of trading. It is best for traders who are not highly skilled to continue with the normal trading that they are doing to avoid further taking risks and losing more money.

Never thoughts its late to enter into bitcoin or as crypto investor of other coins. Always see the prices hiking each year. When started with crypto first I was too scared to put single dim into it because nothing was sure about it. You could end up loosing some or all of the money. Later ICO scams scared me too but as the time passed on and crypto started to become hub for the real investor I was very sure this new born gonna rule the world sooner or later.

I am stating this background because with this bitcoin become stronger along with the other candidates too. More investment started coming from billionaires around the world. This literally helped them hike every now and then.

Moreover, this trend continues. This is why I don't feel like it's gonna be later anytime soon to invest in the crypto.

You may do that even on spot markets with the help of stablecoins or fiats. Shorting is not only for futures markets but you can go for it on spot trading without any leverage. When you are buying stablecoins for your bitcoin then literally you are shorting and if bitcoin prices coming down then you need to buy back to close your "shorting".

I agree your point of being afraid to buy bitcoin now still most people never prefer to shorting as well. I must be one of them. I have been holding bitcoins for years hence I guess I do not need to disturb my positions right now for 50% gain or anything like that. I will buy more if dips and fund available otherwise I am just a spectator of market fluctuations.

This may be the case of new bitcoiners but people who are all actively making use of different discussion of this forum definitely might have got chances to check about shorting and how to make money even on downfall market of bitcoins. Definitely this topic might have opened many new people's eye and might serve its purposes.

Maybe it is not late but they still need to have the patience to buy because if they still try to buy when the price increase, they will have the chance to see the downtrend that can make them panic. But if they can wait for a while until the correction comes, they will get something to expect because, after the correction, the price can be back to the high price to make a profit.

But if they want to borrow funds to buy bitcoin, as @OP suggests, they need to have a good analysis to predict when they can borrow and trade the funds. If they do not have the analysis, it will confuse determining the right time to act. Sometimes, people do not know how much money they should use to buy bitcoin instead to buy it in a rush without analyzing the trend and that is their mistake that we should avoid.

Not as easy and sweet as said. Talking about the advantages of trading with the many versions of a trading strategy is the same as boasting about one method and considering the other as an ineffective method.
For those of you who may apply for such trades, of course, you have found a point of taking quite a large profit. But for other traders, it's not necessarily the same. It depends on how much control you have.

As long as you have enough time to wait, and you have researchers ability then you are NEVER too late in crypto, even 10 years later will not be too late. Obviously we are too late to making 60000x profit on bitcoin probably, that ship has sailed, but that type of profit in crypto is not gone. Just recently someone found out that a guy bought 8 thousand dollars worth of shiba when it first came out, and that now worths 5+ billion dollars. Think about it, from 8 thousand to 5 billion, that means from 800 to 500 million or hell 80 bucks to 50 million, hell even 8 dollars would be 5 million dollars, that is insane to think about.

Most of us would sell when we saw that, and the dude hasn't traded a single thing in over 6 months so he might be gone now, but the profit to be made is still there in crypto and it will probably stay there for a long time.

Is it really effective with timing? I think it's enough to look at the volatility of a coin and review it through the movement of price volumes every day. Isn't futures trading on the other hand more attentive if you can't always see spot trading at any time in the market?

In my opinion, spot trading is actually more risky and difficult to control emotions so that it is not consistent in applying the strategy directly.

I agree that investing is all about timing but then also if you are not in a hurry and are prepared to hold for the long-term then you can never say that's too late since this is all time relative.

There are no times when you can say you can't enter the market. The great thing about crypto unlike traditional stocks & shares market is that you get rapid price fluctuations and there are always opportunities. All it takes is a prepared mindset, and some DYOR.

Not all people can take that risk. Future trading for some people is very risky and of course, it has a higher risk than Spot trading.
So, what if we are really not ready with the risks of futures trading? Not all people also understand trading in the future. if we are forced ourselves, we will lose our money.
We may think to get higher profits, but also we must think logically and wisely, do whatever that we really understand and we can afford to lose.
And about being late, taking profits maybe not only in that coin. They can take profits from other cryptocurrencies that are considered to have more chances to rise up again.

One of the best things that you could really get on dealing with crypto is that you could really get in whenever there are fluctuations which you cant really see that often when you do deal with stocks or forex.

But somewhat when it comes to risk then it is way more higher though but well, you do know on how people do deal up with fire.

We do love to risk into something that gives something bigger and better in terms of profits or rewards

This is not about margin borrowing, op talked about futures trading and you need to transfer usdt to start shorting any coin.


Media misrepresented btc everywhere as a ponzi.
Even when scammers took the advantage of crypto, media showed that btc was such type of cryptocurrency that moves out of your wallet without your consent and a scammer can easily scam you as the security is weaker. I don't think it is the btc price that stops anybody to buy, but their inverse mentality. Those traders started thinking since 2011, "Oh my gosh! Btc is $30? This is very high and it will die soon."
"So, crashed? I told you, this won't be in the markets for long time."
Then came traders from 2013, then 2017 and now.
If they will keep thinking and won't take risky decisions, they will not even short due to lack of courage and discouragement from others too about its price and bull run ending and again, a fall. I have a tip (not a financial advice) for traders, either buy and make money this bull run or wait till the next 4 years to get a chance again.

late or not this actually comes from feelings of self. we worry too much to start with, and end up regretting why we didn't buy it earlier. I agree whenever we can invest, and of course we have been prepared for a long period of time to take profit, if the target comes sooner then it is a bonus for us

Well there are many ways of thinking, which are respectable and I think many are based on their own experiences to express an opinion and even advice, if we take into account particular experiences it is difficult to follow a trend, because generally some advise it. that others do not advise. According to the investment books I have read and some trading books, it is best to always buy cheap, never buy at highs.

But when noticing that the BTC market is different from the other markets, it is evident that we can establish a comparison according to our experiences or experiences, in my case I think that if it is bought at price levels lower than the last ATH it is a good investment , because it is obvious that the BTC will take the bllish trend again, reach the ATH and surpass it, this is my logic, the only thing is that you must wait as long as necessary to obtain profits.

First of all futures is really risky and not for everyone, some users don't understand what they are saying and some people use that phrase as an expression which some of them means they are late to load up Bitcoins or other cryptocurrency. If they are late to buy there is always a correction, dips and other good entries to reenter the market they might just late for the current trend but still it is not always going up it is a cycle.

Borrow sell may not be a good idea as per many people's opinion as usually derivative markets are too dangerous due to its wild volatile nature. Even we can make profits in spot markets during the downfall market conditions and I am already into such way of trading from recent past. Even I am a long term holder, I have allocated a very little bitcoins for the purpose of selling at peaks and buying back at bottoms. This way I sold by bitcoin when prices were trading around 55k levels (but bitcoin went up to 64k in April which made me somehow regretting) but I go chances to buy back around $38k levels (the low was $29k).

This is one of the huge problems with the people trading the markets, before they even learn how to spot trade effectively they see other forms of trading that promise to be even more profitable and they want to try them, in a way this makes sense as traders are always looking to maximize their profits.

But on the other hand they do not seem to understand that the difficulty level and the risks increase as well, so if they were unable to make profits with spot trading then it is going to be way more difficult if not outright impossible for them to make profits with any other form of trading they may try, but for some reason they cannot see this.

Very often you have to stay away from deals, since the price for long is already too high, but it's too early to open a short. In this case, you need to wait for confirmation of the reversal formation, the price of which may be higher than the current price. In this case, the profit received in case of a successful transaction will be higher.

While technically the evidence tell us there is no wrong moment to enter the market, as even those that invested during an ATH, like what happened to those that invested at the end of 2017, can still obtain huge profits, at the same time we need to as realistic as possible when it comes to our entry points.

The majority of those that entered the market back then were unable to hold their coins due to the huge losses they were facing and the fact they did not buy to hold for the long term, so our entry point becomes really important as it makes it easier for us to hold our coins for the long term as the losses we could face are way smaller than if we invested during an ATH.

That's right, it also depends on the coin that we buy has long-term potential. But for altcoins that rely on seasonal gains it's definitely not a good move to buy in times of rapid rallies. In Bitcoin maybe the next year or two will be much more profitable, but in altcoins can not fully guarantee any profit.

You also have to wait for a possible correction since there’s no strong bull trend if there is no correction so this happen many times and if you think its already expensive you can also look for other options if its good for long term holding or just short term holding, that’s your choice and it will be based on your strategy.

But for me, I'd rather wait until the huge correction comes than to open a short position and buy during the hype. Nah, it can be of huge risk, though and it is possible we just ended up losing. I can see some people doing this, they sometimes make and get some profit. Well, I can't just think how but they are smart and knowledgeable enough which I guess is not advisable to newbies/beginners.

So, before making a decision it was very important that we are very comfortable with what we do, otherwise.

Never ever buy on a hype or the market is already on FOMO state because you would really be finding yourself on big trouble once corrections do happen.
Yeah, it cant really be told on whether its hype or totally on a real bull run because price could increase without any news or sentiments attached to it which
it is really hard to determine and thats why risk taking would happen on these particular times. You cant really just buy without any basis
thats why when you do really need to have some knowledge and considerations before making any step.

It's not my recommendation for anyone to open short position on futures market. I'm just saying that there are people who think that it's late to buy while actually it isn't and there are some people who don't even know about futures trading and/or margin trading where you can open short position and earn while the price falls. It's just for educational purpose.

This is great advice! People usually enter when the market is on FOMO and that's the case where whales sell in high price and then suddenly it crashes. Whales aren't called whales without a reason, when whales open their mouth, all fish are in their stomach and whales feel satisfied.

Future trading is very risky, isn't it?
And not all people are advanced or even understand about future trading.
Actually, opening a short position is not only in future trading. Moreover, we don't know if we should open Short or Long position when we are new to this.
I commonly enter the market in a certain rate and take profits even with small profits in the Spot market.
Actually, if we are too late to buy a coin, we can see another chance on other coins. 

Traders that know about seasonal coins, they're making a huge buck with it but if you're a slow pace type of holder and you don't usually take profits even if it's already a good coin to take profits, you mustn't buy those seasonal coins. Instead, you should buy all of those coins that are good for long term as the way you handle your investments, you must be like that so no time to waste and effort to exert as you're just cool by holding for long term.

Sometimes, who late to buy in market think double, how if the price still increased, or maybe how if dumped. That is why sometimes they afraid to do short because crypto price usually unpredicted. For me, mostly i am just think will jump in the next circulation after dumped to buy some maybe than speculate in the middle of pump process.

You are basically affected by your emotion and it always hindering you when you are trading and mostly people would start to lose during that time. You can get rid of your emotion by doing some TA and this time you won't be holding back to either wait for another pump or dump, just straight buy or sell it already and trust your strategy. Taking profit is important too so don't ever think to wait another pump when you have the chance already, just take it and do some TA or FA again.

It's hard to take your emotion if you don't know the technicalities of what you are doing although its good to read the chart to ease our minds but sometimes this will never give us any guarantee that we will be calm especially if we see their are market manipulators spreading more big fuds in medias, that's why we see the price dumping even if we are calm at the storm so basically the only thing we need to do if we are at fear is to secure our funds and go with stable coins then get back on your feet when we think the dump is over although we don't know when to spot this but we might get an idea on how deep the dump got for bitcoin or any other crypto.

I Think, it not too late to buy.It's depends on you how much you buy and sell.Now good time to buy crypto. Maximum coin and crypto price increase this year and this month.Now You can buy and long time hold i Think you can get good profit by the end of this year. I Think crypto currency price will be more increase this yaer.

It is NEVER too late, you are always on time and it will always be on time as long as you do it. People imagine that if they buy bitcoin now or tomorrow or a month from now or a year from now will be too late but the reality is that it is something that keeps going up at all times so you are never too late. Sure you may not make the profit that some other people made back in the day but that is still fine you will be making some profit.

Plus, there are some small cap ones that comes out around when you join, there is always a few and if you pick the right ones then you could make a profit from it as well. People should not be worried on what they have, but should be worried about what they could have because future is still bright.

We will always be able to make a profit whenever we buy Bitcoin, because the price of Bitcoin continues to move up. So it won't be too late to
buy Bitcoin, as this year Bitcoin has reached new ATH several times. This means that Bitcoin is indeed safe to buy, so I decided to buy Bitcoin
regularly every month. Because I believe in the future Bitcoin price will be very expensive, so I'm not afraid if someone says now the price of
Bitcoin is too high, so it's too late to buy now. Maybe if we buy Bitcoin now there is a possibility that the price of Bitcoin will fall, but if we can
be patient and hold Bitcoin. So in the end we can make a profit too, because no matter how deep the Bitcoin price falls, it will always be able
to recover again. It's different if we buy shitcoins, it can make us lose money if we buy too late.

Isn't it pretty close to too late to buy?  I mean if it hits say 500k, i mean certainly no one could say that by then right?  I mean even 200k would seem ridiculous as how many multiples can it really go up by more?

In order to avoid making the mistake of letting our emotions trade for us we need a system that tell us exactly what to do in every single circumstance we could find in the markets, I know devising such a system is not going to be easy but it should be one of your goals if you are a trader.

After all once you do you no longer have to think and worry about all of the FUD and hype that is in the markets and you can sit down and just watch the price do its thing and only take a position once your system tells you must do it.

But, at least for bitcoin trading it is always good to go buying rather than looking for opportunities for shorting. Because, in long run you might be getting proven that you are absolutely wrong with your decision but when you keep buying then you will be getting plenty of chances to make profits over the time.

By considering the limited supply of bitcoin, keep on buying alone got bigger chances to help us on making profits compared to shorting. Shorting might be profitable in short run but you might get trapped when unexpected sudden pumping of bitcoin market will happen.

Shorting can be a valid strategy in most markets and even if it is in theory profitable in this market according to my research that is only true under perfect conditions.

When we take into account the slippage, the volatility, the delay on the execution of orders and the mistakes we could make I think it is safe to speculate that the profits we can get out of shorting are extremely limited, so in a market like this with such a tendency to go up in value over the long term shorting seems like a bad idea.

I know what you are trying to say, but there is a premise by which I have and I know that many have and it is: "Never buy at Highs", when a person or trader, investor buy they must do so at the cheapest possible price, it is not smart buy at high prices, sometimes when you have the money you don't mind buying expensive, you only see the impact when the value of the currency starts to go down.

In any investment book they will always aim to buy cheap, in fact Warren Buffet's books say that from the beginning to the end, that is why I do not find it logical to think and say that at the moment it is cheap, because it is not.

In my perspective also, bitcoin investments never get late because bitcoin is always into bullish mode in longer time frame. So, even if you are buying around ATH, and you are ready to hold for next four years then you will be fine and definitely will enjoy good returns after four years.

Hence, being late for one particular investment opportunity is purely based on what kind of investment we are considering. For Bitcoin investment, it will be never be late and moreover we are all still in the beginning phase of bitcoin's life cycle and this way some experts are still considering that all the current buyers and holders as early adopters.

That must be one of the magic thing we could enjoy only with bitcoin because even after 10+ years of existence of bitcoin, it is still giving room for considering about early adoption. I am sure we could not find such an unique characteristic with any other investment opportunity.

By early adoption, what I am understanding is that current holders got better chances to become millionaire because if they are holding only some fraction of bitcoin, they still get chances to become millionaire because bitcoin value is speculated to have anything between 500 million to 1 billion in next 30 to 60 years.

Well I am one of those who think that if the BTC is below its last ATH then the price is cheap, of course this is my way of seeing the BTC, I say it because I know that the next BTC ATH will be more juicy and only so the profit will be net, some think that it can reach $ 100k, although in my opinion if the price reaches $ 100k they will quickly sell and lower the price, because there are many waiting for that price, however when this happens I know that btc it will have another rally and this time it will be much bigger, some investors on Wall Street are predicting that it may hit $ 150k, which would be crazy globally.