Bitcoin Forum

1. Bitcoin total max supply is almost at 21milliion, why should I invest?
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.

Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.

All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.

Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.

Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.

1. Doesn't matter. We haven't reached close to how much demand bitcoin could get.
2. But yet we have so much hashpower.
3. These people will end up investing in some "cheap"(a.k.a. high supply) coins/tokens and end up getting totally burned.

You can say that to people who want to change their lives in the future and are willing to embrace new things like Bitcoin. As we know, many people are still sceptical about Bitcoin and don't think its presence can help them have a better future.

It's not too late to invest in Bitcoin, especially now that the price is still at $ 26k and will increase again. So if those people are willing to start investing in Bitcoin, they won't regret it, especially when they see the price of Bitcoin going up this month and beyond.

But if they still don't want to invest in Bitcoin, we don't need to force them to do what we do because it is a choice. We have a choice that we want to make, including investing in Bitcoin or something else. So it's better for us to invite people willing to accept Bitcoin, focus on collecting it only, and let people who don't want to follow us.

What happens with many people is that they are not able to see the big picture and only see the short term. But to put it bluntly, we are less early than we were a couple of cycles ago. In terms of adoption, there is still a long way to go, but the peak of bitcoin's positive volatility was experienced in the first cycles, when everything was more uncertain and pizzas were paid for with bitcoins. That is not going to come back, even if there is still a lot of good left.

To be fair most of people are looking to get rich quick by flipping their coin, that's why they're prefer to gamble on shitcoins rather than looking for the safest long term investment e.g. Bitcoin. There's always a person who can make money through shitcoins, but it's just like picking a needle in the haystacks, the chance is very low. They're also uneducated, that's why they don't have any reason to invest in Bitcoin except for making money.

Working in real life and convert to Bitcoin is better than gambling in shitcoins.

1. And we are getting to that 21 million almost getting mined. Perhaps in the next 3-4 halvings.
2. Hashpower is the key
3. Another lame excuse I do agree


As you have said, newbies should look for the bigger picture, not just the next halving, but the next and then next one. Because once bitcoin supply is getting limited by every halving, the price will definitely go up as there will be more demand, the basic law of supply and demand will be more evident than ever before. And we don't need to invest 1 BTC right away, just keep grinding and accumulate as much as you can, in your capacity. Be 0.1 BTC or lower.

It is very common to hear people reject Bitcoin investments because of perceived high prices, a decreased supply of Bitcoin for miners, and the belief that it is too late to invest and if we look at the bigger picture and understand that we are still in the early stages of crypto adoption. I agree as brother Despairo said that working and making money in real life and then converting to Bitcoins is a better option than gambling with "shitcoins". Let's Start from 0.1BT

All your points are correct and I totally agree with those, but even if we put our best effort in convincing those people to invest in Bitcoin, still they won't be convinced because they'll find a way to think that we are trying to scam them and their mindset won't allow them to purchase this rare asset.

I said rare asset because Bitcoin truly is rare and once the supply gets reduced and demand gets higher than those people will understand the rarity of the digital asset . Most of them will regret that why they didn't purchase Bitcoin when its price was still below $27k. However, that regretting won't be helpful either because they won't be able to do anything then.

That's why it's still the best time to buy Bitcoin because I'll surely say that with next halving the $27k range will be a dream for accumulators as it will never go that down in price ever after the next halving. Instead of listening to those people who discourage people from purchasing this asset we should follow those people who encourage us to accumulate as many bitcoins as we possibly can.

For long term it is. Ive been grinding with somr altcoins just to accumulate gains for bitcoin investment. Its not bad to play with some alts since its multiplier is much better than bitcoin. Thats my play. Even if someoen advice me to stay away from alts, well they cant persuade me to focus on bitcoin alone since I know how the gains are much easier made on alts than bitcoin. Im not a whale so just gonna do a way to make my little capital to swell first beforr focusing on an expensive bitcoin.

IMO getting involved in anyway with $hitcoins ^{other than Litecoin or Monero} is only feeding
their popularity, as Bitcoiners we should be shunning $shitcoins.

I also recon that if someone is only looking for quick fixes or get rich quick results
they will only look at $hitcoins and make their gamble there.

on the BTC0.1, totally agree with the sentiment that the amount could be a substantial
FIAT value in the future with further adoption and demand against a deflating supply, its
kind of a no brainer when also considering the transferability, preservation,
security and storage of wealth Bitcoin offers.

Its unfortunate that $hitcoiners cant see this, they have the "when Lambo?" attitude.

I don't understand the first point, to be honest. Is it that most BTC has already been mined, that the total supply is too low, or that it is too high? In all of the cases, I don't think it's a valid argument against investing in Bitcoin, but still. As for #2, it can be an argument against starting mining now without having major resources, but not against just buying some BTC. And #3 is worth keeping in mind, of course, but not entirely accurate. It's unlikely that Bitcoin will go 20x very fast, as it did in 2017. But it can go 3x-5x, I think, and these are also pretty good gains. Maybe it can even go 20x from the current price, but it'll just take more time, several bull runs and several-year bear breaks in between.
Bitcoin is still a good investment, it still has a lot of potential to spread much further. So I do agree with the op that we're still in the early days.

Yet this sewer boyz keep investing on trillion to infinite supply shitcoin just because it’s value is 0.000000000xshit without any real utility. People keeps looking for an alternative to Bitcoin since they think the missed out already the pump without thinking that we are just starting the mass adoption.

If people will just stop wasting money on shitcoins and focus on Bitcoin alone. I think they already get their target profit without sleepless night worrying my shitcoins will have no value tomorrow.

As you also said, there are also people who invest in shitcoins and get big profits. And to be fairer, I don't see anything wrong with investing in altcoins as not all are shitcoins, some altcoins are growing very well and offering huge returns for many people. Once we invest in crypto, it means we intend to get rich quickly, including in bitcoin, because if you really want to be safe and not in a hurry to get rich quickly, then you have chosen gold or other safe havens.

As cryptoaddictchie said, he is not a shark, he does not have too much money, so he invests in altcoins, but the end goal is to earn more money to accumulate bitcoins for the long term. I see this strategy used by many people and it is also their way to increase their bitcoins, what did they do wrong?

The supply is 21 Million, but we have already mined 19.37 Million Bitcoin in the last 13 years. You don't have to worry about the supply. The rest 1.67 Million Bitcoin will take around 140 Years to be mined. The scarcity will increase even further after the next halving. It's been only 13 years, and still, a long way to go. Compared to the days we have passed and the days remaining to the end of the mining phase. We are still in the beginning. About Miners, They are making the same or more money, I guess. The only thing I can say is if they hold what they have mined, then yeah, Compared to that time, Current miners are getting less block reward. But, At that time, Bitcoin doesn't worth what it's worth today.

The current block reward is 6.25 Bitcoin, worth over $168K today. After the next halving, the miners will make 3.125 Bitcoins which may be worth more than $168K in 2024 or, let's say, 2025. So, It's absurd to talk about the block rewards. Bitcoin Mining is still profitable, and it will remain profitable for the next hundred years.

Bitcoin's value is indeed too high. But, This is not the end of Bitcoin. As I already said before, We have only passed 13 years. We have a long way to go. The scarcity will increase over time, and the Value of Bitcoin will increase.

People can start investing in bitcoin or stick with other options and no one can force them to follow someone else's advice. But if they follow the development of bitcoin and check Bitcoin's past journey, they can see that Bitcoin's popularity has been growing and many people are starting to invest in bitcoin. And if they could just start looking into bitcoins, they would find that those people could make huge profits from bitcoins.

And if they can invest as much as 0.1 BTC in bitcoin, they can become a rich person who makes a big profit from it. This is one of the reasons people invest in bitcoin. They can get rich from investing in bitcoin. Now is still a good time to start investing in bitcoin and hopefully, they can see that the current price is still a good buy price for them to start investing in bitcoin.

It is not everybody that will invest in bitcoin because bitcoin is not made for everyone and that is why there is limit in supply of 21 million btc. Those who are giving excuses to invest on bitcoin don't believe in it and most of them will be very hard to convince because they feel that they know it all.

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There some people who have not heard of bitcoin and if they are privilege to be educated on bitcoin,they will invest in it. Bitcoin value don't end on bitcoin halving but will be the only saviour from inflation and vulnerable attacks in the future. Some set of people won't invest now,it is until when bitcoin price has shot up to 50k and above that is when they will be caught the FOMO and purchase. Buy now that the price is 26k and be greatful for your actions later.

We will benefit from holding Bitcoin in the future if there is real demand. The fact that Bitcoin has already reached the current price is a significant success considering its initial near worthlessness. Just looking at the price, it is already high, and we have not yet achieved mass adoption. Achieving widespread adoption is crucial if we want to enjoy the benefits of our investment now, as without it, Bitcoin will remain a volatile asset.

Governments need to create crypto-friendly laws, and with the continuous support of our community, investors, and those who have a love for Bitcoin, the government will be forced to listen to us. There is a reason why Bitcoin is valuable—it is often referred to as digital gold. Just like gold, Bitcoin is considered valuable, and in times of war, gold does not devalue. Similarly, Bitcoin holds its value.

1. Anddd this is a reason why? They probably don't even understand what the max supply even means for Bitcoin.
2. You're not the bloody miner brother. And comparatively speaking, there's an improvement in hash power from last year to this, so I don't think it matters much.
3. It's too "high" in comparison to zero, yes, but it isn't exactly the max, no one really knows if it actually is after all.

I mean, people who don't want to invest would always find a reason not to invest, and people who do would always be able to find a reason why, I don't think there's any need for advice here. Information about Bitcoin is plenty in the internet, it just takes a bit of time to study up, and probably a bit of guidance for some to make sure they got the correct info. It's also a matter of investing in Bitcoin is for the long term for the most part, and not a quick easy rich scheme.

Thinking like that is common for people who are just starting to invest in bitcoin for the first time, because of course they still have a lot of doubts in their minds. Because most of them still can't see the potential of bitcoin in the long term and as a whole. So for beginners who are really just getting to know bitcoin investing, it is still considered normal to have thoughts like that about bitcoin. But it is true, such thinking must be changed and corrected as soon as possible. Because if you constantly have thoughts like that, it will most likely hinder someone from making progress, especially in the field of bitcoin investment. Because thinking like that has entered into pessimistic thinking. Meanwhile, in investing, especially in bitcoin, you must always have positive thoughts and should not be pessimistic.
And in essence, it's never too late to invest in bitcoin.

You are late comer but you are not too late, the party is still here.

After 3 more halvings, 98.4% of total supply will be mined and imagine from 2032 to 2140, more than 100 years, there will be only 1.6% of remaining total supply will be mined.
If you are wondering about decision, this fact is not challenging too much for you to make your decision. Join or miss the party.

• Controlled supply (https://en.bitcoin.it/wiki/Controlled_supply)
• How is the 21 Million Bitcoin Cap Defined and Enforced? (https://blog.lopp.net/how-is-the-21-million-bitcoin-cap-defined-and-enforced/)
• Equivalent Network Time (https://bitcointalk.org/index.php?topic=5331087)
• Block Subsidy Table (https://twitter.com/P____2____P/status/1629844105277722625)

being early or late is just a relative term. even if you are early, if you don't do anything, then being early is useless but if you think you are too late, but you have done something like stashing some satoshis, then you are much better as compared to the one who was early but did nothing. so contemplate on what you are doing doing these times. if you think there's future in this market, act now. but don't regret if you just observed and did nothing today.

Tried to answer your first question, since Satoshi Nakamoto generated Bitcoin using a formula that no one could control and increase the supply if they wanted to. 21 million total supply. This is fixed so all the developers from all over the world can not generate any more bitcoins beyond 21 million bitcoins. Now coming to the main point, the 21 million bitcoin supply is fixed but If you consider the population of the world and the growing interest in bitcoins, if 21 million bitcoins are distributed among the people of the world, even if the distribution of bitcoins is finished in the future, the demand of the people will not end. So if you have enough desire to invest bitcoin then you can invest on bitcoin very quickly because in futureThe demand for bitcoins will increase so much that you cannot buy bitcoins even if you want to invest.

Where do you think we are on this chart?

https://i.ibb.co/C03WydZ/IMG-4373.png

I would say maybe the 13.5% early adopter stage. I think we have passed innovator stage.

The unfortunate reality is that some people believe it's too late to invest in Bitcoin which is clearly NOT the case. It's never too late, even if the price of a single Bitcoin reaches $100,000.

I recommend people to avoid investing in trash coins and instead invest in Bitcoin because it's the future and the only coin that offers low risk and the potential for good profits in the long run. The world is still in the early stages of Bitcoin adoption and as the OP mentioned less than 10% of the world's population is involved in crypto. Therefore, it's never too late to join this community and start to get your first bitcoins.

Joining early does not mean you gain profit or success. Like people who bought bitcoins in 2013 or 2017, not all of them sold their bitcoins at all time high or at least peak range in those bull run.

They joined early but they could sell their bitcoins at cheap price too or worse they got forced liquidations if they used margin, leverages for trading.

So joining time is important but not decisive and result you get will be a combination of many factors.

With Bitcoin, a most successful way is dollar cost averaging DCA: https://dcabtc.com/. With this approach you will have less headache, less effects from emotion, psychology and avoid loss by trading (spot, leverage, future).

I totally agree with your opinion about people who feel it's too late to invest in bitcoin, in my opinion people like that really don't have any progress in thinking about things that don't necessarily happen, especially with bitcoin which has given many surprises and can continue to make the impossible become real, and later that person will surely regret that he doesn't have any bitcoin at the moment even though he already knows the value of bitcoin can make him a person who will be successful in the future, if he does have assets at this time then decide on bitcoin because it is a very good decision. very precise, and rest assured never doubt one bit.

How many people in the world are interested in bitcoin? How many people want to invest in Bitcoin? We don't know these answers for sure, but one thing we do know is that the number of people investing in bitcoin is increasing day by day. When the time comes, many people around the world will find their place in the bitcoin system. I agree with what you said about HODL. Just go for 0.1BTC.

We're never late, its just like in the past, 2016, not everyone would believe bitcoin will hit an ath upto 60k in 2021. It's always a huge opportunity to hodl bitcoin any moment we found it. Just like a reddit user explained on his post, if bitcoin can reach 40k, 30k, or even 60k from a starting price of 0$ what kind of ATH do we expect when it shoots from 20k. The price increase of bitcoin is just beginning and I have confirmed that it'll definitely skyrocket again and people who didn't trust it now would regret not buying at 20k. Most people end up buying when the price is high and run away when it plunges down again. They keep counting themselves unlucky, while Fud is eating dip into their minds.

https://i.gyazo.com/1d89cc75687a66c413d435790013ace0.png

        I am not agreed with the reason of that and also not is a part of that one. Charm of trading always present in the market, nut it totally depend on to the trader that how he paly. Although on the move, the BITCOIN is on its peak, but not too and the game is onto the shoulders of investor whom they pay their attention towards the Bitcoin.

       Rather than that of Bitcoin, one can explore other launch pads of exchanges regarding his capital/ investment. Instead of trading in one coin, you may take step a head and make detailed analysis of other small coins. pay your attention and make your self be positive with your passion towards crypto currencys, digital currencies and E-commerce always plays important role .

It is never too late to invest, let alone invest in Bitcoin, although the supply is limited but rest assured there are surprises that will continue to occur, and only some people respond like this and I am very sure for those who have long known the crypto world such words will be laughed at by them, because those who have known crypto for a long time know that a lot of history has happened until now there is regret until now for underestimating Bitcoin too much, If you want to change your life then never hear such words.

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

This should be the most important thing to consider.  As long as Bitcoin had not reached its peak, it isn't late to participate because once it reached it, there is no other way for the Bitcoin market but to go down.

I still think we are far from this scenario so even though it is more than 90% of the Bitcoin supply had been mined, the people who are into it are still a small percentage of the total population.  We are still in the early phase of the Bitcoin economic journey and there are still lots of benefits and profits to gain from participating right now.

1. Of we can get earlier for big worth, why not hehe
2. Really?
3. No need to in est 1BTV, invest the amount you can afford. Never push you too high out of your own ability to afford.

This is what I will say to that kond of questions.

I prefer to not tell anything to those people and my reasoning is that they are simply not ready to invest in this market, so if I were to try to argue against those kind of points there are only two things which could happen, they could either ignore my arguments, in which case I just wasted my time, or they could actually listen to me, change their mind and invest in bitcoin, now the latter scenario may seem like a good thing, but it is not, and that is because it is likely they will freak out when the price of bitcoin goes down or the fees go up and then they could take a dumb decision and lose their money.

Those who do that just want quick profits, and they say that if with bitcoin they will get it for a long time so they are more interested in altcoins.

Whereas Bitcoin is the best scheme for big profits in the long run and if it continues to be consistent it will be greater than altcoins.

Just one guideline, Bitcoin is the king of all altcoins and altcoins will continue to follow Bitcoin.
If there is still something bigger why choose altcoins that are still very much affected by bitcoin?

Pump and dump schemes will occur on trash altcoins that will only be left behind.
Only a few altcoins that I think are recommended.

The advice op rendered can be taken by someone who doesn't know bitcoin for long time, I believe that bitcoin is far courageous or better than some of the altcoins that doesn't have a good reputation, some of the altcoins die on the process bearish market, so therefore I believe that bitcoin have to deals with potential and reputation, its more better you have to purchase bitcoin with its high fee than bitcoin, so many people has taken bitcoin as a preferable choice before bitcoin, so therefore bitcoin is the best to invest with in cryptocurrency, someone who is going directly to altcoins investment should known the potentials of the altcoins because it's obvious that anything can happen.

Miners not getting bitcoin like they used to get before but the amount of bitcoin they are getting now is also not bad. Investing in bitcoin and mining bitcoin is two different thing.
Shitt talkers will always find a way to mock bitcoin investors and will discourage people to invest in bitcoin but who cares people with knowledge will always believe in bitcoin.

Once people used to get good chance to earn bitcoin from faucets and other giveaway. Now those have got limited, which means the choice of receiving bitcoin rewards have decreased whereas the possibility to make investment and buy bitcoin have increased. Even now we aren't late for what is being mentioned in the opening post. Ir is all about the perception and the acceptance of how we take it forward. If we find the growth have achieved its peak and not gonna profit then its our wrong calculation. We need to understand the market and know the reality through the growth charts. Major thing, we should have the belief, shouldn't get into the market for the sake of someone else.

Sure, I'm not blaming anyone at all, but what happened is that the ideology that Bitcoin has made a lot of people millionaires and billionaires is the reason why people are now feeling that it's only for investment purposes. It's not as if they should not invest if they want to, but at least they should not only have the thought that Bitcoin is a bad investment if it fails to give them the desired result they want. The best thing to do is do concrete research about something when you truly want to put your money into it. For me, I was not into Bitcoin from the start, but in 2020, during the pandemic, the price of Bitcoin crashed quite a lot, which prompted me to research the historic price, and I got to find out that in 2011, the price of Bitcoin even fell by -99%, and a lot of people thought it was going to crash. In 2015 too, there was some FUD, where some people said that Bitcoin was dead, but today we still have Bitcoin on the market. So, whoever has read and learned about all the price changes in Bitcoin would not even be too concerned but rather would only be more cautious of how much they are willing to invest, how long they want to hold, and at what price they would want to sell, keeping their hope alive for what the future holds for Bitcoin investors.

We don't need to give up bitcoin entirely and switch to altcoins, but to maximize profits, we can allocate a small portion of capital to altcoins.  why do we always stubbornly only invest in bitcoin when many altcoins are offering better returns?  it's like when we curse billionaires like warren buffett or Bill Gates, who don't know anything about bitcoin and they are only loyal to gold and real estate.  No one said altcoins are better than bitcoin in terms of technology, but do we invest for profit or for technology? There is no denying that altcoins offer better returns.

Accordingly, it is true that bitcoin supply is nearly 21,000,000 which makes it a scarce commodity to the teaming population of over six billion in the world. Out of this total number in population just 99.99% of them are yet to get the awarenes and possibly adopt the bitcoin in their various localities.  Just reason a situation like this at this stage you are holding at this price and when the whole world decides to go the bitcoin way meaning that any little fractions of bitcoin would mean a lot compared to now. This should tell you clear that we are still in he early stage and as such still early adopters of bitcoin.

Lastly, bitcoin price is currently low compared to the last all time high last year. At this price, one with clear vision about bitcoin could say this price to be be cheap as it is now compared to the price it was previously. Any one who has seen the clear vision of global adoption and plans of long term holding should know that at this price, one can get a good volume while holding it for the long awaited bull run and possibly massive adoption. Then, you would see the beauty and value of what you have been holding for such a long term.

Yep, we are still early right now.  I think what a lot of people don't understand is that it doesn't matter what price you purchase bitcoin.  The point is to accumulate.  Never sell, as it'll replace your fiat.  Stay away from shitcoins.

And the real fun starts when we stop talking in terms of having .10 of a bitcoin, and when we start talking about satoshis.  A good goal might be 1 million satoshis or 10 million satoshis.  The point is just to accumulate this gift we've been given, to fight central banking.  There are plenty of us old guys (I'm old, hah) tired of playing against the central banks cartel, and this gives us an opportunity to 'opt out'.

You can't genuinely say you blame them, can you? Pre-2017, and even in 2017, so many people got that lucky and made piles of money from investing in alts than they did in Bitcoin. Virtually every altcoin mooned in late 2017 to the first quarters of 2018 before so many of them crashed to death. That was my first experience and I saw first hand what a bull rally was like. I got deceived thinking every altcoin was worth investing in and that hit me very hard later. I lost money like many greenhorns then. Many of us learnt that lesson and moved on. Bitcoin remains the surest long term investment. It's slow and steady with less risk than altcoin investments.

In terms of technology, they are all the same. On the other hand, there are people who only invest in Bitcoin simply because they want to lessen the risk of losing because of the idea that the market price of Bitcoin is less likely to fall in an instant and as deep as worse expected. Indeed it would be better to diversify investment but to some, diversifying would mean bigger risk. Since we have different viewpoints in this industry, and all having the same chances of not getting an assured return from what we have invested, then that is I guess, not wrong.

As Op have pointed out, there's still a long way. By the rule and relationship of demand and supply, the price is meant to increase with sky as the limit but that is only if, the demand would be continuously increasing as well in the future. Indeed it is still early and not too late for those who wants to but atleast find that price point where you would be confident no matter how the market behave.

No matter how high or low the price of Bitcoin is, not everyone can afford to buy it. But there is no doubt that Bitcoin has a near future and its value will increase more than the present. If you look at the history of Bitcoin, you will clearly understand where Bitcoin has been in the past and what it has reached now. If you are thinking of investing, be sure to do your research and find the right analysis. Out of the 21 million total supply that is on the market and being mined, it will eventually run out and even a small fraction of Bitcoins will be hard to come by. However experts have researched that Bitcoin time will reach a point when people will be most attracted to Bitcoin. As many investors as there are in the world will hold in Bitcoin and Bitcoin will be known as a popular asset of people. So Bitcoin investment should be held for a long time then there will be efforts to fulfill the dream of future life.

You know what, people seldom listen to "good" advice, because greed will cloud their normal judgement...

I told some friends and family about Bitcoin a few years ago, after I proven to them that "Bitcoin" was not a scam. They showed interest and then they did some of their own research. This is where it gets tricky, because Alt coin supporters are creating a false "Gold Rush" with promises of huge profits with early Alt coin adoption and people are falling for that.

Yes, Bitcoin might be around for the longest time, but that in it self is showing you that it is not a shitcoin and it will not just be hyped and gone the next day.  ;)

You know the maximum supply of bitcoin and people must also know that as an effort to convince them when everything is successful in the mine, Bitcoin will experience scarcity and this relationship places Bitcoin at a high selling price. Hold is one step that can be taken by people to produce big profits, but to make this more perfect people must also be able to take the chance to buy.

The scarcity will bring irreplaceable bitcoin in the Crypto room and I believe this relationship will affect the strength of Bitcoin going forward when everything ends at the mine. The question is whether we are in the right condition in holding Bitcoin or have not yet taken an approach for him.

As you said referring to conditions. For now, the world's population investing in cryptocurrencies is growing in demand. This suggests that adoption continues to grow, as does the demand for Bitcoin, potentially increasing its value going forward. There is no limit to the value that can be invested even with a small amount even though the price is said to be high. The thing to note here if one is trading, don't go against the mainstream and always look where the market is going and this is the right time to take off.

How can you assume that the technology of bitcoin and allcoins is the same? They are completely different, have you ever heard of the bitcoin blockchain getting hacked? But for altcoins, there are no altcoins that haven't been hacked yet, bitcoin's blockchain technology is much more secure than altcoins.
Furthermore, investing in atlcoins should not be considered a diversification because the market is completely dependent on bitcoin. If bitcoin crashes, the crypto industry will collapse with it, so investing in altcoins is just a way to make a quick buck, not a guarantee to mitigate risk.

I hope they listen, 10 years from this time a 0.1BTC will be impossible to buy for average income earners just like how it's very hard to have 1 BTC right now, by the time when 1 Bitcoin costs 150k you will see how hard things will get, even 0.01BTC will be too costly to buy, this is why I believe that the opportunity of buying Bitcoin in a bear market won't stay forever, maybe in 2028 we will be advising people to buy at least 0.02BTC for long term hold, the chance that this will be the case is 97%, it's really never too late to become a Bitcoin OG like OP stated.

Accumulation phase is still very low compare to what could happen in future, if 500k new crypto investors come to accumulate some Bitcoin you will see how crazy it could get, the trick here is never adoption rate, I read online a day ago that Bitcoin wallet addresses that have Bitcoin in them have exceeded 1 million Bitcoin wallet, that's a history in the making.

"Re: You are still very early "

95% of supply is mined dood, you are late.

[quote author=Z390 link=topic=5452652.msg62240965#msg62240965 date=1684030299

Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
[/quote]
On May 22, 2010, a gentleman who bought only two pizzas for 10,000 bitcoins would he have made such a mistake if he knew that the market value of his 10,000 bitcoins would be $28,000,000 today? That is, when we need that thing, we spend that thing. The price of Bitcoin may change a lot in a few years from where it is now. 

Suppose you buy a car now with three BTC, after 10 to 12 years when you see that you can buy 100 cars with that amount of BTC, will you regret like the person who bought this pizza? So I want to say you can trust bitcoin this bitcoin can change your life.

Sticking to bitcoin is easier said than done for the freshmen in the cryptoverse!

There is just something about us humans that tends to lean  towards quantity over quality when making such an investment decisions . And with so many cheap coins there , quantity of coins plays a major role when choosing  your perfect coin because its not only about price bit potential of how much you can gain should price go up a thousand percent..

The secret sauce to this equation is having demand and at the moment it hasn't reached to that level to push price up and while supply is limited crypto users need to know  that bitcoins value has not yet reached  its full potential.

I just also noticed that they had already missed the train. I think I can't blame those other people who say they are late because their mindset was about comparing the price before and they weren't looking at the current price. Let's say if they invested 5 years ago, they would have already gained more profit than investing now. The point is that they are seeing how they can get more profit, which they missed out on because of the current opportunity.

Tell them they don't have to worry about miners making less money, they should be worried about how they can make money from investing in Bitcoin. We're almost closed to the total supply but it'll take more than another 100years and more for miners to finish miming all bitcoin that can ever exist therefore we still have more years to profit and that's why they should invest.

Bitcoin value isn't too high, everybody can afford buying Bitcoin. Not everyone will have to own one Bitcoin and you shouldn't wait until you can afford one before you start investing in Bitcoin. If you wait you might miss the opportunity to be among the next Bitcoin gainers.

The addresses that own 1 bitcoin have reached the value of 1 million, which is a lot, but on the other hand, for a planet with a population of more than 7 billion, this is not such a big number. If this trend continues and more and more people want to own bitcoin, this will increase the demand for bitcoin and, of course, lead to its rise in price.

Is it still a good time to buy bitcoin? I think yes. I am looking forward to the next bull run to see how much bitcoin can rise in the near future. There is an opinion that growth may be less than it was in previous cycles, if so, then this will indicate that the cycles will lead to a decrease in volatility and in the future we will get a more stable asset.

It's a very good idea to take advise from people especially those who are professionals in such field, bitcoin is not a day learning experience that you got to know everything at once, it's a continuous and constant commitment which you must be subjected to by improving yourself, also while going through this learning process, you have to have a clear understanding of those who are giving you orientation on investing on bitcoin, are they reliable?

Are they not after you investing on bitcoin through them, aren't they crypto influencers or exchanges, because for someone to have a delebrate interest in you investing through them, they most have gotten some hidden agenda, but if leaning how to independently invest on bitcoin is all you're in for, then it's a good idea to learn and invest today other to have what to smile on tomorrow.

I really said somthing of this nature when I was a newbie in this topic No late commer in Cryptocurrency (https://bitcointalk.org/index.php?topic=5349227.msg57458067#msg57458067). But on seeing this topic and having gained more knowledge. I can still maintain that there are no late commers in cryptocurrency but I will state that anyone joining now onwards are not very early. I mean the early bitcoin adopters are the earliest people are the early people.

Why not? Everyone can afford it if they want to buy it. Not only can you buy 1 bitcoin, but there's still a lot more units you can consider than just 1 bitcoin if you want do it. I mean, if you can't buy 1 bitcoin because you don't have big budget, then try to buy few mBTC or maybe a few sat. That makes sense instead of saying not everyone can afford it.

Based on current prices, 1 bitcoin = $27,428, while 1 mBTC = $27.42. In fact you can still buy half mBTC or maybe a quarter of it for $6.85. So don't say not everyone can afford it when the price of 1 mBTC is even lower than your electricity bill, vehicle tax or other monthly bill.

That's through realistic, the early the better investing in Bitcoin, because the total supply is very small, compared when a nation officially accept payment as a means of payment in the country, which is going to be scarce and talk of the world, because Bitcoin price journey has not skyrocket, as few Bitcoin investors predicted.

the total supply of btc is only 21000000, and with this limited btc supply, many people are interested in investing in btc because many predict that the price of btc in the future will be more expensive.

but in my opinion we should not force other people to invest in btc, because in this case it is each individual's right, so in my opinion let those who don't want to invest in btc, because we have no right to prohibit and regulate other people.

besides that we won't know for sure whether btc in the future the price will be high, or not.

but I personally am a btc investor who is still a beginner trying to think positively and I believe in investing
in btc will have the potential to get big profits on condition that you have to be strong for the long term.

They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.

When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.

Well, don't sound as if 0.1BTC is not already alot of money and one most individuals can't afford, most especially the less privileged people amongst us..
I tried to find out how much 0.1Btc is worth in my local currency here in Nigeria, and I discovered that the said amount of bitcoin is worth over 2 million naira in bitcoin's current price and exchange rate, to be precise, it's 2 million, 731 thousand naira, any Nigerian seeing this knows and would agree with me that that's a lot of money, and it's an amount the average masses can't afford.

This is not to counter or disagree with your general opinion On whether it's too late to invest in bitcoin or not, but this is just let you know that even the 0.1 bitcoin you referenced in your post can't be afforded by many.

https://talkimg.com/images/2023/05/15/Screenshot_20230515-201509f19c61dd09e8b50f.png
https://talkimg.com/images/2023/05/15/Screenshot_20230515-201438432b7a154b5654cf.png

That’s the sad reality why most people refuse to invest in bitcoin because it’s highly volatile but easily jump into shitcoins hoping they can get rich overnight. Yes, some have experienced that but that does not mean that the rest will have the same fate with them. Gone are the days where shitcoins and meme coins are highly profitable in the market, now a lot of them have end up as dead coins. But if they will start to trust bitcoin, it won’t be a get rich quick but rest assured that their investment won’t end as zero value as long as they’ll invest for long term.

Do not pressure yourself trying to invest big like greedy investors did. Start with small investment first as the market is still young and too early before it matures. And know that no one’s late in crypto investment, as long as you invest in potential coins like bitcoin. And from there, just trust the process and invest for long term. That’s a good start for you so you will still be in profits while not putting pressures on yourself.

For my perspective, it is never too late to purchase Bitcoin despite the current price is high comparing to previous years specifically from 2009 to 2017. Unfortunately, people always hesitant in taking decisions and afraid especially when it comes to anything related to investment, they end up criticizing themselves for the  decisions have not taken before. In fact, Bitcoin is still progressing and providing us a short way to  reach financial stability and it could help to change our lives in an excellent manner. In addition to that, I encourage new investors to start DCA method, it is really an effective strategy to guarantee a profit with less risk but in long term.

No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it.
Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me.

I don't think about it so much when people don't gollow in on my advises when it gives to cryptocurrency or taking up some crypto investments. Of course it's always up to them what to do with there funds less, you become an object of there problems. Every bad decision on there crypto journey would suddenly revolve about you and there is a very little way to defend yourself with someone that doesn't understands.

It's easy to say it's over or too late when the funds are already looking unaffordable but, that doesn't mean too late. Certainly not for bitcoin as the coin has just a decade on it and its minnh days aren't done just yet.
What most users would like to do is DCA and be proud when it becomes common.

0.1BTC isnt something hard to accumulate imho but well we do know that not all people in other parts of the world does have that kind of capacity on accumulating even a fraction which it is really that sad.

How you do consider out on saving or accumulating just 0.1? What would be its price when 99% of the population would really know about its existence? Well, i do agree into that point that its never been too late,
but there would really be that people who would really be minding or preferring on getting multiple returns of their investment on a short time and without needing to hold up for how many years.
This isnt really a shocking thing and even myself would really be having considerations on making investment on altcoin too.

Well, this is a matter of preference since not all would really be that having on the same perception and same mindset when it comes to this matter. You are the ones who would
really be the one will really make out decisions which you would see whether it would really be that being positive on near future or not.

Sometimes I look at this kind of questions like: is it too late to invest in bitcoin? So I keep asking myself, how do they manage to arrive at this kind of thinking. honestly it makes no sense, for example, before I was born, gold already existed, people bought gold, and after more than 30 years they are still buying gold, and the same thing will happen with bitcoin and it seems that certain people do it on purpose not wanting to see this. the fact that they saw the price at less than 100$ and it reached above 60,000$ makes people so greedy that they think that bitcoin has become a lottery ticket in which they will buy today and tomorrow they will have a 1000% profit

and that's why people keep talking nonsense about how it's late to buy bitcoin, they don't wonder how many investments give 30% profits per year, the irony of these people is that they invest in gold and savings account in banks and can't make 30% profit a year, but they keep complaining about bitcoin, this is simply something that makes no sense, they have to stop looking at 2x or 10x profits, having 40% profit is already a lot, until a few months ago the price of bitcoin was in the 15000$ and in the last few weeks it reached 30,000$ so it's a 2x profit that even gold can't give in 1 year and who knows how many years it would take to give. yet people complain

lots of people say that investing in btc is too late and will only make people who invest in btc first become big profits,
and lots of people say that, and in the end they invest in altcoins which are cheap and have a large supply, and after they invest they end up losing because the price of the altcoin has fallen very deeply.

but I'm sure that someday people will also realize how risky investing in altcoins is because investing in altcoins is high risk, and eventually they will choose btc as an option for their investment.

We can't turn back time, but we can remedy our mistakes; most of us missed out on bitcoin when it was cheaper, and it still stings today. Bitcoin was at an early stage of accumulation at $500, but due to FUD, most investors never planned to buy in it. During the bull run up that reached an ATH, most traders developed FOMO and began to hoard bitcoin; some made huge winnings, while others had their accounts liquidated. It's entirely one good market experience, always follow up on a project no matter how underestimated it is, no one knows the upcoming market trend.

yes, indeed now the price of btc is high and with the high price of btc it makes people
afraid to invest in btc, because they are afraid that afterwards the price of btc will go down.

but what people say is true because they may not know, about btc or they have a lack of guts,
because in my opinion that investment must have courage and strong guts.

but in my opinion for people who don't want to invest in btc, you shouldn't force them to invest, but don't regret it if one day the price of btc reaches a high price like $ 500k.

HODL and watch the magic happen! Bitcoin's scarcity and growing adoption will drive its value sky-high. Don't stress, just stack those sats and enjoy the ride to financial freedom.

Those who don't want to invest in btc have all the excuses and end up buying those shitcoins which don't give any returns or say will drain your funds also.The people who say prices are high at this time also would never have stepped in at ATH and why in the hell we think we can't buy part of it? The smallest investment covering fees is also good but you should have the proper mindset to do so.

OP mentioned is only a small part of the barriers for newcomers to have a better view of bitcoin investing, it's really hard to convince someone to invest in bitcoin in the first place when in terms of price the large portion is what makes them overthinking and they also do not really evaluate the possibility of profit for them in the future. The problem of experience then made many people admit to the fact that they were just going around and then still looking to bitcoin itself as a destination to optimize profits as well as limit risks, which is understandable when The fact that knowledge causes us to have false prejudices on the journey we are on.

As from what people are saying, high risks; high reward. Altcoins may be riskier to hold compared to bitcoin but it can still be a profitable venture either if it's a long-term or short-term as long as you will pick the top working altcoins like ETH, BNB, etc.

Also, there's nothing wrong if we choose to hold altcoins as well because our portfolio is not really limiting to only one coin which is bitcoin. What I'm trying to say here is that bitcoin is truly a must sought coin these days but trying to hold other coins aside from bitcoin itself is really not a bad idea at all.

I am really not sure about it whether we are early or late but comparing the opportunity that recently passed I think the people who were in but were actually out by investing are really late now. Still, there is a time you have to pay the price by cutting down the profit potential you were able to make but now you can but still profits are waiting for you. Sounds Stupid naah I don't think so.

Anyway OP is guiding us well we should never lose hope as I am also waiting for more Opportunities because I've also missed a lot but my reason was my funds issues beside that now Alhamdulillah I am able so I am trying to grab as much as I can.

Sike - It's BTC you are never late, Just be patient.

The problem is people tend to compare how things were before and how things are now. Instead of them to think about what will be in the future. People who keep feeling they're too late will always keep missing out on bigger opportunities.
We have to try and see the bigger picture in this. Yes, Bitcoin is relatively poor now when compared to where it was but we should also remember that it's better than where it was too.

It's because they let the other people's opinion to get ahead of them instead of having a leap of faith towards investing in bitcoin, we may have not able to get onboard on the first train but I'm quite certain of the fact that it is still not yet too late to invest. And while you're doubting yourself, many people have already made their move and probably gained some profits already.

It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now.

Instead of focusing on thinking about things like that and preparing a lot of defenses I don't think it will solve anything and instead I think it will add more to the existing debate.
There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have.
Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard.

They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us.

Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.

to think one is late to btc is to think btc is a ponzi scheme. if one really believes in utility of btc one can never be late. never.

It's easy to say it's over or too late when the funds are already looking unaffordable but, that doesn't mean
it's toolate. You are the ones who would
really be the one will really make out decisions which you would see whether it would really be that being positive on near future or not. It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now. The people who say prices are high at this time also would never have stepped in at ATH.

For the long term, yes. I've been obtaining some altcoins to build up profits for my bitcoin investment. Since its multiplier is considerably better than bitcoin, it's not terrible to dabble with some alternative currencies. That's what I do. Even if someone were to advise me to avoid alts, I couldn't be convinced to concentrate just on bitcoin as I am aware of how much easier it is to make gains on alts than on bitcoin. I'm not a whale, therefore I'll merely find a means to increase my meager funds before concentrating on an expensive bitcoin.

Not really that bad on making yourself aware on whats happening around specially with those never ending debate about the pros and cons of Bitcoin or being that early or being that late because no matter which

angle you would really be looking, there's always those words or sayings on which you could heard around and if you are that someone who do really completely supporting it then it couldn't really be avoid to make out some countering of those opinions and words came from others. This is why it would be molding up that never ending discussion and debates in between two things. Its true that if you dont like to find yourself
been boggled up with these things then it would be better that you should really be just simply ignoring and rejecting on whatever things that you are believing into.

Very early? Very late? Doesnt matter because you would really be basically be minding on what are the things that you do plan from the very start. It is really just been distracted by some other factors along the way.

to debate about bitcoin with people who do not agree, I think it will only be a waste of energy, and for me I prefer to be silent and leave the conversation about bitcoin, because no matter how good we give understanding it will not be accepted either. the only way is by proving that with time they will feel sorry for what they think, and we can smile without having to defend ourselves at first. it happened when bitcoin soared in 2017, finally people like that were jealous and approached us to be taught about bitcoin, because they saw our success

Well, I do agree that we are still early in Bitcoin adoption and there is still a long way for it to go, but I don't agree that only 0.01% of the world's population knows or uses Bitcoin, the numbers are obviously way more than we are estimating here knowing it has been around for more than a decade now and a lot of people already know it and use it as well.

I would say that we might have conquered about 9 to 10% of the world's population by now in terms of adoption, if not that high then 5% is obviously not less as it can clearly be seen that a lot of people already know and use Bitcoin and cryptocurrencies in the world.

I think people who know the utility of Bitcoin, they must consider whether it is their entry time or not while investing. Bitcoin was launched in 2009 and since then those who have invested in Bitcoin in the initial period have received huge returns. In 2021, Bitcoin touched the highest price of $67k. In 2023 Bitcoin again touched its bottom $15500. The current price is trading at $27k.

The point of all of the above is to be very careful about where you are entering when investing in Bitcoin. Not every cost can be credited to the early stage. Whether you are making an investment or entry between the opening prices or the prices have gone too high. I think the price hasn't gone up that much yet and you can say that Bitcoin is still close to its early stage here but if the price goes above $100k then you can't put it in the early stage.

Because it's just a big waste of energy so I prefer to keep going regardless of whether it's early or late at this time I will not be too concerned about things like this for myself because as long as I am confident in the current condition, I will still do it considering that things like this are dependent on our own confidence actually.
If we really believe in bitcoin and are currently still in the adaptation stage then indeed this can still be said to be the beginning and I do that by buying again and again with the DCA that I do.
As for those who say it's too late it's also their right with the arguments they have and I don't really care about that.

As I said, in this condition we have arguments that we believe in and those who are skeptical also have arguments that they believe in as well and when there is a group that agrees with bitcoin and a group that does not agree with bitcoin having a debate like that there will be no middle point in any case because it is not a matter to the neutral because they have their own views.
It's good that we try to debate it if we have more energy and I appreciate that but I'm too busy with such things so it's better for me to avoid it than to go with the flow to a debate that will never end.

Well its not bad to double your capital  through altcoins and I can presume that the advises that are given is to clear you on the dangers that are involved when investing on altcoins, well I guess some altcoins are good when it comes to how fast they pump up but the whole issue is finding the right alt because the same way these altcoins pump thats the same way they dump back and if you are not careful you could lose a lot especially when you have put in a lot to gather profits you can use in buying bitcoin but I would advice you to stay with BTC and you can use DCA strategy to build up some momentum in your capital investment.

I understood it at the begining of my way

We cannot really blame them because we can't also deny that we haven't thought of the same thing when we're still at our earliest stage. I'd say that it's somehow natural to look back on how were the things before and comparing it now as sometimes, that is all we needed at the least so that we can remember what was our reason why we take the path that we're walking right now. Yes, it's true that we have missed a lot of important opportunities but that does not mean that we cannot have it again in the future.

In Bitcoin, you don't need to invest $20k at once; you can gradually accumulate your bitcoin, depending on how much you are earning and how much you are willing to invest. Even if you decide to invest $20 or less in Bitcoin every month, in two or three years, you will have a lot of Bitcoin in your portfolio and you would make profit from it (Bitcoin is not a get rich quick scheme). There are a lot of scam projects; some will only turn out to be shitcoins in the long run, while some might also do well to an extent, but so long as you know the risk you are taking by involving yourself with altcoins, good luck with that. Although some people may have made some profit with altcoins, it's referred to as gambling because you are not very sure if it's a project that was only launched to steal the money invested by the public. Some project may not meet their target, and from there, they will just run from their responsibility.

If you want any progress with investing in bitcoin you will just have to know the bitter truth that you must and I repeat "must be patient", the reason why people swoop all of a sudden to different altcoins is because of the rapid pumping of these coins where as bitcoin you have to invest and wait patiently till the market looks friendly enough to sell and this can take a really long time but with altcoin you can get that extra profits very quickly but there is a hard truth attached to this sudden price rise too as the same  rate at which it rises that's the same way it dump back and most times these altcoins drop so badly that you get to lose everything on your investment even the capital cash where as bitcoin nothing of such ever happens although the market turns bad sometimes but there is always a certainty of  rise again, so its better to go for a reliable investment than a quick and deadly one.

This thing of; that I heard or someone said "such a thing" about bitcoin on the negative side is old, retrograde speech, as I commented in another thread today, it is speech from bitcoin's past.

Those who arrive are welcome, those who don't, ok, have a good time, it's that simple, so! you don't have to blame anyone or invited, come on, history repeats itself, there are a hundred investments that have been ignored in the recent past, you go to the 20th century and review, many of the best evaluated companies today were undervalued, hence many missed the boat, but it is normal, everything is based on trust.

Compare to my Bitcoin investment when I was still new? I was just ready to take the risk is all, trust alone can't do this since investing on Bitcoin demands money, I was ready for any possibilities even before knowing more about Bitcoin, this was why I get to know Bitcoin better, so imagine if there are more people like me in the world today.

Some people are not been told yet, but believe me, many people are opportunists when it comes to something that could work or may not work, they are always ready to take risks, but if the word of Bitcoin never reached them they won't know.

Because of my past experience, that's why I still keep telling people about Bitcoin, humans are full of different spirits and minds, not everyone will talk nonsense about Bitcoin, the majority did though, but few numbers of people that I told about Bitcoin have the same mind as I have.

Bitcoin doesnt necessitate huge pockets to use. Like those bodybuilders, you cant establish a substantial Bitcoin portfolio by taking risky, short-term bets. A few dollars here, a few there, and eventually you'll have a solid BTC hoard. The power of DCA lies in this very fact. This methodical technique is superior to gambling on the wild west of altcoins in hopes of making a quick buck.

We learned the hard way that many cryptocurrencies are just hit-and-run operations that leave behind a trail of angry investors. Who wouldnt feel cheated if they woke up to find their hard-earned money had been wasted on something that no longer existed? However, I agree with you that people who are willing to gamble with altcoins should know what they are doing.

Lets not lose sight of the fact that Bitcoin is the revolutionary technology that brought us here. Blockchain might potentially bring about a monumental change. Bitcoin, the prototypical cryptocurrency, is the one we can trust.

The story about the pizza is already in the history it will never be perish, because it is experienced and written in the past, many people or investors really had a big regrets and this is the number one factors that affects the decisions of the new investors, Bitcoin today has a high price and many people or new investors had a doubt of buying it because it needs a big capital now a days so we cant blame them if they continue to ignore bitcoin,but gor me buying btc is not too late because bitcoin will surely reach 100k$ the problem is that we dont know when.

That's right, for altcoins, there's a lot going on, with their melodious singing that their coins are predicted to be a match for Coin A or Coin B so that many people want to enter. and only 3 months later all became ashes.

For BTC Not only us in this forum outside the forum many are paying attention to this revolutionary coin.

You are definitely not early, but you are not late as well. Considering total world population and number of Bitcoin owners there's a long way to go. You better start accumulating Bitcoin now than regret later. In 2013 I thought I was late to the party, after a decade I realised what opportunities have come our way. Those were early times. Now you missed the chance of making 1000x but you still have a chance to keep the value of your money and make a decent investment.

It's good to have a target. 0.1 BTC target you put is very achievable for most people. If you think you are late to own a full Bitcoin, you may go for 0.1 BTC target. I wonder where we will be in 10 years. :)

Hello, everyone! Do u guys think that Bitcoin or cryptocurrency is going to replace modern currency? In a near future?

I just want to highlight and start for your investment because it's never too late before you lose the opportunity to get involved in investing.

Those who refuse to recognize bitcoin as the best investment will continue to find ways to influence people. Bitcoin travel history can be seen in real time and there are many descriptions of bitcoin journeys that will encourage someone to be sure to get involved in investing. Not everyone sees the great opportunities in bitcoin because of their ability to value and hard to admit to bitcoin as the best investment asset ever

If all the world's population were involved in bitcoin then the amount available would not be enough for 1 bitcoin per person. Lucky those who have seen the future in bitcoin and Don't be put off investing in bitcoin if you can afford to invest.

Then there are people who believe it's too late for them to invest in Bitcoin. They feel they should have invested when 1BTC/$1k.
They fail to understand that there is no limit to how high Bitcoin can get to. It's was over $60k a couple of years ago, I bet there are people who felt it's too late for them, now it's about $30k.  A time might come when it would be $100k and even then it won't be too late. It's never too late.
There's no such a thing as too late when it comes to Bitcoin. Feeling it's too late will only make you miss out on more opportunities that you would have taken advantage of.

Those people simply don't understand because they are not interested, it's pointless wasting time to change their minds. The first time I bought bitcoin I told some of my friends what I was doing and, especially, why I was doing it: none of them were interested, few years ago they told me the really regretted not listening to me, then comes the bear market, I tell them again it's a good moment to buy something, at that point they believe the price will go lower and lower and just don't think it'll ever recover. Guess what? They never bought and they still regret it.

No bitcoin won't replace fiat currency it's only an alternative to the fiat for those persons that loves privacy, decentralization and wants to be fully in charge of their funds away from the centralized financial policies that to a large extent controls and oversees how people spend their money. Fiat currencyay have it's disadvantages but there's an all impotant aspect it covers and need not be replaced totally.

Great, needed this one so that I can speak some good words from my end as well. I have already surpassed the phase where I used question like this or think whether it’s right time or wrong time to get into bitcoin, whether I am late in the party and shit like that. Now I have already got my answers in that I am already in the possession of Satoshi which are my savings and hodling for the right time. I’m gonna ripen them and as you said be a Bitcoin OG one day. More than that I have kinda got a gut feeling that this times Bitcoin Halving is going to be crazy. Since there are now more people into bitcoin than all the previous halving. So let’s be ready for this and just nail it guys. Hodl.

I see all these your points as personal formulation of ideas because someone that has not involved in bitcoin will k ow all those things you mean there. And if really those statements are made by people then they are involved in bitcoin because the statements are well matured than someone that has no idea on bitcoin by the way, what I will say is that bitcoin has no particular time for investment. But people are saying that the best time to invest is the bearish time so what of the bullish time? Are they telling me that we can not invest in the bull period? We can invest at all time. There is no late comer in bitcoin investment.

What do you expect from this halving?  Why are you so sure that everything is for the best?  Even if many have switched to Bitcoin this does not mean that everything will be in favour, if a bull were to return surely some alt will perform better than btc and many blinded by money will move again to these and new shitcoins.

Bitcoin can be an alternative but I always believe that it will never replace the major currency.  One of the major reason is that the government has the power to dictate what currency their nation will use, and we all know the government always wanted to control everything.  So Bitcoin being decentralized in nature does not meet the requirement the government needed to replace their national currency.

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I believe he thinks that halving will trigger a hype and become the catalyst for the market bull run and the possibility of recording another all-time high.


Investors and traders are always looking for the possibility to profit so  we cannot deny the fact that these same people who jumped to Bitcoin for profit will jump to altcoins for the same purpose of profitting.  After all the market is there so that traders and investors are able to have a chance to profit from other wrong move.

The growth continues along with the increasing demand. This makes the limited supply reach high value in the long run. We should not think of the past, we should find reasons to invest at the present. Considering the growth even 0.01BTC will be more valuable. Nothing to worry about the entire supply had got distributed and all. Everything have got its usage and now it have reached a level which doesn't let the price go down to certain point. Governments tried to have control and now they've understood well and started legalising the usage. More positive things happening around and the same makes it a right time to buy bitcoin.

Bitcoin has been doing very well as an alternate currency to fiat, I believe that even going forward, it will continue to do very well, there is no need for it or any other cryptocurrency, or cryptocurrencies in general to take over and replace modern or our traditional currencies..

Even though I know and believe that high inflation is probably going to hit and destroy traditional currencies sooner than many of us think, i still will not wish or want it completely wiped out from the system, the availability of an option or options is always the best,  and besides, when inflation is make fiat lose value, it will be to the advantage of bitcoin because many will have no choice but to turn to bitcoin as a hedge against such inflation, which will further increase the value of bitcoin.

Even if fiat gets worse, bitcoin will never be able to replace it, as long as the government controls us, they won't let that happen. Moreover, not everything that becomes too free and unchecked is always good. What if people use bitcoin and ignore fiat? Many people will take advantage of it to evade taxes and launder money… the economy will lose control and lead to an inevitable collapse. Bitcoin should only be an alternative currency and choice for those who prefer privacy.

indeed the price of btc is now high in price and most people who don't know about btc will definitely choose to invest in altcoins that are still cheap, and end up getting big losses.

but for those who already know about bitcoin and have experience in btc, of course they will choose btc for their investment because investing in btc is still the safest.

If you compare the price of bitcoin to these early days, it is clear that its price is already very high, but if you look at its future potential, we are really still at a very early stage. But you are right, many newbies always think that btc is too high and no longer profitable for them so they look to altcoins.

I don't hate altcoins because it gives good returns, but finding a potential altcoin is not easy, and not everyone can afford it. Moreover, newbie lacks knowledge, and investing in altcoins is not suitable for them, they should start with bitcoin for safety, it can be said that this is a common mistake of newbies.

That answer will remain unknown for now, because I don't think the government will be that friendly with Bitcoin still, there will be a thin line between Bitcoin and Fiat/CBDC even if ETFs are approved or somehow the government leave Bitcoin be for it's people, if there comes a day where Decentralized currency is acceptable by the government I will be shocked.

Bitcoin was created to go against these people (Centralization and the Government) and they know it, that's why they don't want to see it prevail, yet they are doing all they can and it's still not working.

Bitcoin and Fiat will co-exist but the replacement of Fiat with Bitcoin is never going to come true.

Not too late but can't deny that we can compare those who buy Bitcoin when the price is just $100, $1,000, and then say, why I'd never know Bitcoin before. I understand how it appears in their mind but considering the fact that we still have the chance, our opportunity to earn is equal because we know that those who buy Bitcoin 10 years ago had already sold their Bitcoin which means that we are buying together now and tomorrow. Therefore, our chances are the same, well, it only differs on the amount we invested and how we manage it.

Bitcoin is a long-term investment, not a "get rich quick" scheme. Yes, its painful to consider those who got rich before everyone else. Of course, it's too late to change the past now. All we can do is take a big breath, square our shoulders, and make the most of the situation. This is really crypto-savvy, not just marketing jargon.

Bitcoin is still here and going strong despite widespread scepticism. We're not dealing with a penny stock here. Plenty of Bitcoins exist for everyone to use. Besides, who knows? Perhaps future generations will be envious of us. Consider the implications!

even though the government finally legalized Bitcoin as legal tender for all countries. I'm still not sure it will rival the popularity of using fiat. Bitcoin may be an alternative payment but not the only means of payment and replace Fiat. however I still want to wish it all to happen in almost all countries.

Tha feels like a thread within a thread but, its far better than  creating a new thread with very minute detail to carry this piece of information.

We live in a land bounded nation controlled by the government and fiat is its chief product. So long as we are going to have a government, there is always going to be a product they could sell out or manipulate to create the conditions they desire within the nation state.

This makes fiat an inevitable player within the government system as, thus cannot archive this control with cryptocurrency.
Fiat is always going to be a big player and the best cryptos could hope for is a coexistence.

I think we will all still be very early for some time to come. There’s still far more people who may have heard or bitcoin but have absolutely no idea what it really is and how it works. I think over the course of time this will change (mainly as older more conservative/set in their way folks die off).

I have felt that I’m early for a long time, and still feel that way. How can you not?

I very much agree on this because Bitcoin will hardly become the single currency, as governments must always have the possibility of being able to print money, or finance.  They cannot take that risk with Bitcoin

I rarely come across this kind of question until now. Most people who don't want to or don't want to invest in Bitcoin will say:
- I don't believe in Bitcoin because Bitcoin doesn't exist
- Bitcoin is a lie, because it is just a number and can be lost at any time
- Bitcoin is used for various kinds of global crimes
- Bitcoin is very high risk because the price is uncertain and can make someone lose suddenly become poor.
- Bitcoin price is very high, this is ridiculous and I don't have that much money to buy (even though we don't have to buy 1BTC)

And no matter how we explain it to that person, then all our words will not be considered. especially for people who close their eyes and hate Bitcoin, then any kind of explanation will be considered useless.

Governments are getting a bit more "friendly" towards bitcoin, which can be seen from them not being friendly with some other stuff. Like things such as XRP and many other things are considered securities these days, and those companies are considered business and the token is considered securities and that means they are subjugated towards another law, and that means a lot more important things and should matter.

I am not saying that we shouldn't really be considering how we could change that, but at the very least we could fight towards making sure that bitcoin is not. Also even exchanges are getting attacked which means that Bitcoin not getting attacked is the proof we need that they are actually fine with bitcoin.

fun to be back  :P

        And how soon will there be no fiat money left in the world? Are there any preliminary forecasts of such a moment? Very interesting to read about it if you answer me.
        I believe that in this century such an event may well occur and there will be no other choice but to use the already ready and functioning system. That's when the price of Bitcoin will become much higher than the current values.
        Someday the moment will come when I can safely wear this cap ;D:
https://i.ibb.co/L90DWwJ/F0pb-U-Ua-AAI4ovm.jpg (https://ibb.co/JrcW4Ly)

Some investors also become so unfortunate that they get decived to invest in altcoins based on their first interest in the crypto world, but after investing in Altcoins and not being favoured with them,  you will see some of them having misconceptions about cryptocurrency; they might even think Bitcoin is inclusive. Just as you said, angry investors, yea, there are people who are really like that; they don't even get bothered to wake up and realise that their money disappeared as a result of a failed project, and it's probably because some of them already have Bitcoin that they are hoarding but only chose to dabble in Altcoins, hoping that one can profit them X1000 or more (big dream, right?). Perhaps someone was telling me that some investors got lucky with Doge Coin and the other few coins he mentioned, so he believes he can get lucky with anyone too.

My advice in order:
1. Using a population of 8,000,000 - If everyone on Earth seeks to own 1 Bitcoin, only 1 of every 380.95 (8000000000 / 21000000) will be successful. Similarly, if everyone seeks to own 0.1 BTC ((8000000000 / 21000000) / 0.1) , only 1 of every 38 will be successful in that goal. Why not be wealthier (in BTC) than 1 than in 37 people around the globe by owning 0.1 BTC?
2. That's a good thing? Miners getting less Bitcoin = less Bitcoin entering supply = increased scarcity.
3. The value is only subject to what fiat currencies are worth against Bitcoin. Most fiat currencies are increasing their supply rampantly, which makes Bitcoin are better alternative.


Maybe not an OG in a few years. Maybe after 10 years that might be considered the case, or 20 years. I don't think anyone who entered after 2020 could be considered an OG until at least they exist for half of the time that Bitcoin has existed...which by that logic, someone who entered in 2020 would only be considered an OG after 15 years, which is in 2035.

Creating potentially life changing wealth from owning 0.1BTC? That might be a more realistic goal over the next 5 - 10 years.

In the crypto, the majority are late. And with Bitcoin, I personally met for the first time in 2014. And so far I have a feeling that I fell asleep, did not realize all the possibilities. Although I really believed in Bitcoin!!!

What could have been the reason for you falling asleep when you had the opportunity of coming across bitcoin as early as 2014 and also believed in it?

well, for me, I came across bitcoin I think around December 2015 and all through that month, I was busy searching, and learning all about it while also watching the price movement, in the first quota of 2016, I have already established trust in the cryptocurrency but then, there was a very big problem, I had no money to invest, i was working quite alright, but my monthly salary was very small, and being someone with a family, it was always impossible for me to have any money left to save after paying off all my monthly debts, so the only then for me to own some bitcoin was by faucets, that I did only it stopped paying, i managed to raise some money, bought a very small amount of bitcoin, and with that, I began learning how to trade on poloniex exchange, they were the biggest crypto exchange at the time.

Overall journey has been really interesting though, and even though we've been here for a few year now, we are still at the very early stage of this Bitcoin and crypto currency revolution, we are yet to see the one third quota of the best Bitcoin has to offer.

Cryptocurrency is still a very young industry.  It can still be considered in its infancy because the cryptocurrency industry has not yet fully developed let alone being accepted by the government.  The potential of cryptocurrency is still huge especially when institutions continuously get involved in cryptocurrency. I think it is less than 5% of the global institution that is into Bitcoin.  Imagine if one day majority of these institution are deeply engaged with cryptocurrency activities.

Agree with that, there are only 21 million Bitcoin that are going to exist and the people who own Bitcoin are just a few as you said, and compared to the past year's bitcoin is already adapted to a lot of countries, and in my country, I remember it wasn't really promoted by a lot of platforms you could probably see it accepted on some small stores or gasoline station but it wasn't really popular compared to the day where even days are already promoting it, with that a lot of people starting to recognize bitcoin and cryptocurrency as well and I think it a good sign where the demand of it could easily rise.

Cryptocurrency ownership was just around 4-5% around the world you could imagine if it increases to 30% or 50% or something like that because is surely going to be scarce wanting to have a part of that 21 million. If that happened that demand is just going to rise, if the 21 million supply cannot keep up with that the market price of Bitcoin is going to skyrocket for sure, so it's still early to have a part of Bitcoin and start accumulating since bitcoin is still on adapting process.