Bitcoin Forum

Hello guys,
I'm happy to be part of this community, and so far I've realized that everyone is more experienced than me, so I don't know how logical it is to ask this question, but I'll ask it anyway.

Is it the right time to invest in Bitcoin?

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

Welcome to bitcointalk.

One thing I have learnt from this forum and since I got into bitcoin is that you don't need to know everything that has to do with bitcoin like the advance technical part before you can inveest in it, all you need to do is how not to lose the money you have invested in bitcoin and how to keep your coin safe. And by "losing your money" I mean how to prevent selling below the price you bought.

Since you're new to bitcoin I would you learn about security and privacy because that will enable you prevent some stupid mistake most of us made before realising it. Next is to learn about wallet so that you can easily distinguish between a non-custoial wallet and a custodial wallet, an open source wallet and a closed source, etcetera.

As for the bitcoin itself it would be best if you learn how to do DCA because that the best way for newbies to get started without having to regret why they bought their coin at this price or at that price. But to effectively carryout DCA you're going to need discipline.

• https://bitcoin.org/en/how-it-works
• [General] Bitcoin Wallets - Which, what, why? (https://bitcointalk.org/index.php?topic=1631151.0)

Hi, If you log on to this forum just to ask a question like "Is this the right time to invest in Bitcoin?" Actually you can just ask a question like that to your friends who are talking about cryptocurrency. But it doesn't matter if you want to ask here because this is a very common discussion forum for everyone and at this point I will give the answer "YES" now is a very good time to invest in Bitcoin.

But if you still don't have experience for such work, it's better for you to find out some tips about investing and also the risks first so that you can have some extraordinary understanding even though you still don't have experience for this. Because learning and practice are always needed for those who want to try it, but it must be remembered that every job is risky so everyone definitely needs their knowledge before trying it. By the way, what recommendations do you want now besides investing in Bitcoin? So that people here can provide a broader explanation for you.

Welcome to Bitcoin and Bitcointalk

It's never too late, mate. I remember when I joined the forum in 2017, honestly I thought I was too late in the game, but I made some money I think would never make if I had not known about bitcoin. I have also learned a lot about trading over the years

Just so you know, it's all about persistence and learning something new. Do not go in with a mindset of getting rich quick overnight. Even the Bitcoin millionaires from the earlier days are millionaires today because they believed in Bitcoin and held it for years when it was still of no value.

This should be good for a starter like you BITCOIN INFORMATION & RESOURCES (https://www.lopp.net/bitcoin-information.html)

The forum also has so many educative threads if you use the search button and want to know about something

You can invest in Bitcoin anytime you are ready to spend your money and are ready to lose your money. Because investment has risk and you can have profit or loss with your investment.

Using your money to invest is reasonable only if you don't need that money for your life, food, different bills, expenses. If you have to borrow money to invest in Bitcoin, it is never right thing to do.

Welcome to Bitcoin market and you must listen to lost stories rather than successful stories. This market is very challenging and risky, don't listen to successful stories and think you will be rich easily.

Welcome mate to Bitcoin world. I know how hard it is for you right now, to wrap your head around it, because I too felt that way when I first was introduced into Bitcoin. You are experiencing what is called FOMO(fear of missing out) and this is driving you to want to invest in Bitcoin.
  I just have one advice for you, it helped me too back then. Just because you feel intimidated by your friend who keeps talking about cryptocurrency or own them should not make you rush into investing without proper understand of the theories behind Bitcoin. You have to take your time, do research, study everything you need to know for now and as time goes on, you will get to know more. Dont rush into investing in Bitcoin and end up loosing everything. Remember Bitcoin is not a get rich quick program.
Also it's a good thing you found your way here to this forum, as we have Bitcoin experts here who are willing to help you all through your journey as a bitcoiner.

Here's a topic you can check out  introduction to Bitcoin  (https://bitcointalk.org/index.php?topic=7269.msg106747#msg106747)

Of Course you still have opportunity to invest in Bitcoin and we can say Bitcoin is still very cheap. So it's a perfect time to enter the market. But to maximize your investment try to do DCA(Dollar Cost Averaging)

I will suggest first to learn about crypto, know how it works and about it's potential. Then gather some experience and analysis the market. Because almost every newbies do wrong while investing in Bitcoin like they don't think about security issues or they do FOMO buy or fall into BullTrap. So better to analysis about Crypto , Bitcoin and Market then invest how much you can afford to loss. Again there are many resources to learn about crypto you can watch YouTube videos, read articles etc. To know about Bitcoin then read this article: https://www.coindesk.com/learn/what-is-bitcoin/
To know about Cryptocurrencies: https://www.forbes.com/advisor/in/investing/cryptocurrency/what-is-cryptocurrency-and-how-does-it-work/ read this one.

Trying to wait for the right time to invest is like trying to hit all targets with one bullet while you have a stockpile of bullets. You will need exceptional skills in technical and fundamental analysis and knowledge of economic variables to know when is the most appropriate time to invest so that you invest at the lowest possible price so that you can sell at the highest possible price. Start with simple, beginner-friendly strategies like DCA..

To invest is the problem, and the problem is how do you understand the crypto market? Can you face the consequences ahead? You can read some of he risk involve https://www.forbes.com/sites/forbesbusinesscouncil/2021/06/17/the-biggest-risks-of-investing-in-bitcoin/amp/, https://www.redbull.com/int-en/theredbulletin/bitcoin-trading-risk. And another thing say is, how much do you have to buy bitcoin now? Because the more you buy and store the more you make profit when the bull market will kick start. Bitcoin is still on it bear market so it is the best time to buy and store in the non custodian wallets. But before you buy you have to set your buying time plan. Is it a long term purchase nor short term investment? These are things must be put into consideration.

I guess all your friends are talking about how to get rich by investing in cryptocurrencies, and they're not interested in anything else. Such an approach usually means that there will not be too much success, because without knowing what you are investing in, it is only a question of who will fall into what trap. Learn first, understand the basics and don't invest more than you're willing to lose.


Don't go in that direction, because the internet is full of "success stories" of those who promote various crypto projects and want to catch you on their hook. Stories about luxury houses, yachts and cars are not something you need to plan your investments on.

First I would like to welcome you to the forum. And it is not actually too late to invest in Bitcoin as no knows what the bottom is right now. Early this year the price was at 15k for sometime, then pushed through to 30k and later retraced to 24k. Currently, it has corrected itself to 30k price mark. There are lots of speculations about the price in the coming months but the truth is no one truly knows. We might be in for a bull run. The bitcoin halving is around the corner, which is actually a year from now and If you can grab a bag and hodl, I'm pretty certain you will be in profit when the bull season finally kicks in.

You're in the right place. Stick around, read and learn. If you have any questions feel free to ask and the forum members will always be there for you to answer and guide you through your crypto journey.

Not too late. We are also still learning only time made us earlier here.
Perseverance and seriousness that you will do here will be able to make you experienced.

For those of you who are new, the answer is yes, this is the right time to invest in Bitcoin.
Learn about Bitcoin before deciding to invest in Bitcoin. Learn what Bitcoin is, how to invest in Bitcoin, learn about the advantages and disadvantages of Bitcoin actively.

This forum provides various topics around Bitcoin and cryptocurrencies. Read and do analysis. If there are things you don't understand, ask.

As long as you are ready to invest in it and are supported mentally formed with confidence in the resulting potential, it's never too late to invest in Bitcoin.
The Bitcoin market is still busy and active 24 hours, anyone can enter the Bitcoin market whenever he wants, of course, personal research support is needed in investing in Bitcoin and other crypto assets.
Before you go any further in investing in Bitcoin, you need to find an answer to the question "Why are you investing in Bitcoin, aren't there more available investment media that offer greater stability and less risk than investing in Bitcoin". Before starting an investment, determine your direction and goals because this will greatly help the direction of your actions.

I think the low ball price was already at 16 or 17k before right now at 30k its considerably increase almost by half. But as a long term investor I think its still convenient lets just say that you could do dca in any amount. For a person that dont have experience, I might suggest that you learn first about the market activity and possible movement than investing due to fomo of some news.

Hello and welcome to the Bitcointalk forum. We are delighted that you have come to learn about Bitcoin today. Remember that no one is born knowing everything, therefore you can become an expert if you devote yourself to studying more about Bitcoin.

The answer is always Yes; with the type of transparency and decentralization inherent in Bitcoin, I don't believe there will ever be a time when it will be too late to invest in Bitcoin because we are anticipating Bitcoin's global acceptance.


Learnmeabitcoin.com (http://Learnmeabitcoin.com) can be very helpful because it is easy to comprehend. It was made easy for beginners to quickly get the basic knowledge they need about Bitcoin and Blockchain Technology.

If you are a beginner, Do not dare to put money in bitcoins. Learn first and analyze first. I think this is true in all areas of investment


Btw, I'm also a beginner. From what I'm doing here. in learning bitcoin and crypto in general quickly it is better to look in a search engine. If you think you understand the basics of crypto and find it difficult, ask here. For advanced and more complex questions about bitcoin/crypto, this is the right place. There are a lot of competent people here and you won't find them anywhere else.

Hello, I'd like to tell you that there's still time to invest in bitcoin if you're thinking about a long-term investment or if you think btc could be a legal currency in more countries  in the future.

People regularly ask the same question, especially when the market picks up (green, of course). A topic from 2017 in the French part in this forum might interest you, someone was wondering if it could be a good idea to borrow to buy btc. most replied that he shouldn't. In the end, if he did it, he could pocket quite a capital gain.
All investments are risky, but btc seems to be the most profitable of the last 15 years.


https://bitcointalk.org/index.php?topic=2425439.0

I can recall people saying back then where..
This was just a rough quote that I could remember and they were....right! No need to feel left out if your friends are talking about crypto and their success stories. Just have fun learning in your own pacing. For recommendations, just read stuffs around here especially the news about Bitcoin. Can't give ya resources since I am not really learning by textbooks, but rather application.

For success stories, well I wouldn't call myself successful but I learned a lot in my investment since 2017, lol. :D

Since it's never too late for newbies to invest in Bitcoin so it is never too late to join these wonderful forum, I will advise more new members to join these forum if only they can keep the rules behind these forum, there is more time for people to invest on Bitcoin, from now to whenever, there will never be a too late time to join these forum.

You don't have to demotivate yourself just because you think you are late to get started with bitcoin.
In fact, I would you are still early because bitcoin still has a lot of room to grow.
The fact that you are here and willing to learn more about crypto makes you one step ahead of what you were earlier.

As for the resources, the best resource is this forum itself. Just keep a burning desire to learn as much as you can.
Keep browsing various sections on this forum and keep reading the comments. You will get to learn a lot that way itself.

If you want to go technical then you can read the bitcoin whitepaper and then start reading Mastering bitcoin book.

Yes, it is always right time to invest; in fact, I don't think that time is coming when it will not be the right time to invest in Bitcoin again because of its nature of volatility,so far people will keep making uses of Bitcoin. meaning that the Bitcoin price will continue fluctuating and can never remain stable, so even if the price of 1 BTC reaches $500k or more, that doesn't mean it not the right time to invest because of it volatile.

Op I can see that many forum members have provided you with links of some materials, as you requested for.It will be very helpful if you can go through them one after the other. and I believe that when you read the articles carefully, you will find the reason why everyone in the forum are telling you it is always the right time to invest and also others useful things you suppose to be aware as new investors.

The best time to invest in bitcoin is when you first learned/heard about bitcoin.

The easiest and shortest path to knowledge is far from the best. I mean, don't look for quick and easy ways, especially when it comes to investing. Otherwise, haste can cost you dearly. Here it is better to study everything carefully and thoroughly.

Asking for resources? You are already in the right place - just find and read this forum.

Just the same advice that rather then asking is this right time to invest just do it if you wish to do so because nobody can tell you what's the right time as we can't predict future with crystal ball in our hands.You are newbie but ask some questions to yourself that are you willing to invest, have knowledge about bitcoin working and investment risks associated with it then make your decision.After that take security measures like keeping them in your custody rather then any CEX so electrum is good option but don't ask is this right time to Invest because you will end up eventually wasting time on it as others do waiting for right time.When you invest that's the right time so understand the difference between both statements.

Yes! No! Who knows!? Those are the answers you are likely to get from some people, maybe on the forum or outside this forum. But one thing you must know is that Bitcoin will still cover another all-time high apart from the last ATH of 2021, and the question is, "Are you ready to buy now and hold until another ATH comes?" Well, you can begin to accumulate Bitcoin now using the DCA strategy, but know that the Bitcoin price is always volatile, and we also have the bear market when the price can be very low. So, if you are buying your Bitcoin anytime (either now or leta), always have the strong will to hold it and never sell it off due to fear of losing your capital or panic because of the price volatility. If you must know, during the last ATH of Bitcoin, there were people who bought Bitcoin at $50k, some at $67k, with the thought that it would reach $100k, but it did not. I believe some of those people are still holding their coins till now, while some of them also sold out of panic.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

What do you mean by too late precisely ? It's never too late to start to use BTC. But if you want to "invest" in Bitcoin in order to try to make some profits, I wouldn't say it's the right time because there is no "right time" to gamble. If you like gambling it's always a good time, if you can't bear it, it's never the right one. So if you are a beginner, and you don't like to gamble your money, I would advise you to start learning and using Bitcoin before "investing" large amounts.

OP, going by your topic as stated, it is never to late to invest in bitcoin and it is never too late to be here as a member of the bitcointalk platform. We are still at the adopters stage but most early adopters must have benefited hugely from their positions in getting to know and hear about the bit early enough.

For your lessons on bitcoin, I strongly believe that some links as earlier posted by members would be of help to you as you inquire to know more about bitcoin.

Welcome to Bitcointalk forum mate. Honestly, you're not the only one who asked that question but also other newbies ask that same question if is it too late to invest in Bitcoin or not. Actually, even though you just found out or know about Bitcoin but you can still invest in Bitcoin. The question is, will you invest?, What wallet should I use to store my Bitcoin safely.

First of all let me welcome you to bitcointalk, secondly when it comes to asking questions all you need to do is to be straightforward in your use pf words amd even though it may look illogical to some, you will see others who understand it and will replie with their suggestions amd advice if need be.


So all you need to do is to be an active readers so as to make good use of everyone comments.
The question you should ask is if it possible to know what exact good time to buy bitcoin, and the answer is to buy when the price of bitcoin is low and at a discounted price.


Thank goodness you are here in the forum and as time goes on you will come to terms with the happening around cryptocurrencies, just like I mentioned before, all you need to do is to be an active reader and in no time you will be well informed in that regard.

Hey mate! If you really want to succeed in bitcoin, just read posts in the forum and also yes the search engine of google. You can also narrow your question back to bitcointalk. Like example. What is bitcoin in bitcointalk.org. like this the question will be redirected back to the forum and it will show you all the topics that discuss about bitcoin.

The time to buy has no particular time. Whenever you are ready you can buy bitcoin.

"If you log on to this forum just to ask a question like "Is this the right time to invest in Bitcoin?" Actually you can just ask a question like that to your friends who are talking about cryptocurrency. But it doesn't matter if you want to ask here because this is a very common discussion forum for everyone and at this point I will give the answer "YES" now is a very good time to invest in Bitcoin. "

Unlike my friends, who just talk without knowing much, I decided to ask in this forum because I thought the people here would be more experienced and could provide better advice. I have a lot of respect for the opinions of those who have more knowledge than me. Thank you!

Maybe they know the history of Bitcoin. So they kind of regret not buying in the first place. Actually, I agree with you, nothing is too late. The best thing is to take advantage of the opportunities that exist by continuing to learn Bitcoin investment techniques. Learn to take advantage of circumstances to seek profit with the trading features that exist today. Maybe for those who regret never felt how the process went through to get to this point. I've probably been a beginner, I've also thought as written, like that's natural. You just need to be sure to move forward or not at all.

That's a really common question that comes up nowadays. I think the question answer still the same. A BIG YES!

Investing your time and money in Bitcoin can be a really smart move. While the overall sentiment still in favor traditional money, lot's of opportunities still left. Of course, you don't have to take my word for it because there's lots of information out there for you to explore on your own. Take some time to do your research, and ultimately you'll be able to judge for yourself whether Bitcoin is the right investment choice for you or not.

This question has been countless times and it's okay to ask anyway and to get clarity and I will ask you look at it this way....you know how we have the internet...in some parts of the world do not have it but should the internet not reach such people because they have been left behind ??? NO! People might have got on early with crypto but you can still get on board and use it for different reasons, be it investments, be it a form of money or whatever it is you want from It.


Slow but steady wins the race, don't rush.

I would suggest you start with YouTube as we have several interesting channels that help simplify this and BTW don't worry too much about the experience, we all started from there :)

I think now is the right time to invest in bitcoin

This question is very subjective and varies based on your preference. Everyone will suggest you that anytime is the right time to invest on Bitcoin since everyone here is an investors and we want new users to be part of our family but if this not a good idea for you if you are not ready to embrace risk involved on crypto.

Ask yourself this, Are you willing to invest money that you can afford to lose? Bitcoin is volatile which means you can lose significant amount of your investment if the price slide as you can see on the price chart when Bitcoin dump from ATH. Invest only if you can accept this kind of risk or else stop being pressured to invest if you really doesn’t like risk. We have different risk appetite and Bitcoin might not suitable for you. This question of yours can only be answered by you.

there are a lot of ways to get money with bitcoin now

the worth of bitcoin has gone up in the last few days

I knew little or nothing about Bitcoin when I also joined the community. But I had to invest time to read about Bitcoin in this forum. There is virtually nothing about Bitcoin that has not been discussed here and new topics are also added every day. Reading posts and asking questions is the pathway of learning in this forum. For now, don't focus on writing posts but channel your effort to reading.

Other materials on the internet can also help to build your knowledge about Bitcoin. You can find them on YouTube and some other trusted websites. But don't just accept what you learn from social media because some of them are not truthful, so it is important to always check the authenticity of the information before you believe and apply them. Videos can help you understand the concept of cryptocurrencies fast but you should also know that learning takes time and dedication and there is no shortcut to learning. You are welcome to the form.

I would like to think bitcoin can still be categorized to be in its early stages looking at the potential it will inquire in the coming years. Bitcoin is an asset everyone would love to buy and now is definitely not late to do so, the market is just trying to recover from it bearish trend it experience last year which makes it an ideal time to buy bitcoin but the issue with anyone who bought bitcoin is the capability for he or she to hold the BTC because holding your BTC for a long term investment is probably best and most profitable way to enquire tangible profits.

It is the right time to learn more and that's a good question that you've got about resources, so with all of the resources given to you and with your ability to search on materials online through google and youtube.

You shall be fine and able to find out that there are various resources that you can find out with your simple search.

Don't rush into investing when you've got no idea yet of what you're doing because that's a mistake that many is doing. And with your initiative of knowing it first, you're doing the right thing of starting it out by knowing what you're about to invest.

You don’t have to be a newbie or some professional to buy and hodl bitcoin. You only have to be willing, have the resources and be familiar with how to work a wallet as well as what exchanges is or how to use them.

This is where it becomes important for you to study about what you want to invest your money in as, it’s not always joyful. There could be loses and that’s on you and your ignorance when it happens. Like every other skill or field out there, sort out for the knowledge first.

It’s never too late to invest in bitcoin. You can DCA and be good about that.

There is a beginning for everyone,and there was a beginning for every member of this forum that has passed the level of a newbie.The most important thing is how determined you are to thrive towards being successful.Newbies who believe in their personal ability will always do well as long as they have the zeal in them.Familiarising yourself with the modus operandi of this forum,and knowing the do's and the dont's of this community is one of the things you must do to have a peaceful existence in this forum.

If you think Bitcoin investment is only about profit, you are wrong about this. Bitcoin investment does not only offer benefits, fluctuations that occur at any time offer you two opposite sides. Find out information about Bitcoin investment to prevent you from making some mistakes that can make your money disappear. Market conditions also need to be considered, the Bitcoin market cannot be separated from three kinds of conditions, Positive Conditions, Negative Conditions and Stagnant Conditions. After knowing the market conditions that Bitcoin always experiences you can determine the right time to enter and the right time to exit.

Considering the market right now, I would say wait for some time to invest because the market may go down again. In less than a week, the Bitcoin market has increased to about $5000. If the market can maintain this value, then there is a possibility that the market will increase further. Basically, we should wait for some time to understand the market condition. Because if we invest during this bullish period and after investing we may lose by investing if the price of Bitcoin falls.

It is not late to buy bitcoin to invest because the price is low to gain profit if bitcoin enters the bull market. What you just need to is buy and hold and wait for the bull market. But I need to ask op what is the reason you want to buy bitcoin? Is it because your friends are investing in Bitcoin and you want to also get the same profits with them? Bitcoin is a good investment but never think of making profit as the only target,  you need to understand bitcoin to know how the market is. The market is always volatile and if you don't know about this and you start investing you may get panic when you experience serious volatility if the price is down.

This one of the problems of some beginners,  they just want to invest because of their friends who are making profit and they do not care to learn to have understanding about Bitcoin . If you don't have any knowledge about bitcoin,  I'll advice you to try as possible to know about well before you start investing,  do not let making profit to let you not to do the first thing that you are supposed to do which is learning. Don't try to meet up with your friends,  your friends might have gotten to  learn to get understanding about Bitcoin,  I urge you to understand bitcoin too before you invest.

Previously you had to be sure of yourself first to Bitcoin. When you have a strong belief in investing in Bitcoin, then you will find out for yourself whether or not to invest in Bitcoin.
The right time to invest in Bitcoin lies in your ability to analyze it. General advice regarding the right time is to buy when the price is low. Then do it regularly according to ability.
Many people will say use a strategy known as the DCA concept.

Since no one can say for sure where the market will move next, you can buy bitcoin with part of your deposit. In this case, if the BTC price increases, you will get a profit. If the price of bitcoin drops, then you will have money to buy at a reduced price, and as a result you will get a good average purchase price.

it's never too late to learn about bitcoin and altcoins, information about bitcoin and altcoins is now widely available on the internet, you can do googling or just go to forums that really discuss bitcoin and altcoins.

even though the bitcointalk forum is the best place to find information about bticoin and cryptocurrencies, you can still make references to several other forums out there for reading about bitcoin and altcoins, just to add insight.

Since you're  new to the industry,  I think you should spend more time getting to read and know more about it and since you're already on this forum,I want to tell you that you're at the right place and the forum is one place you cab get all the possible knowledge  about bitcoin from people with practical experiences..
You should be aware that bitcoin  is a volatile asset  and nothing is certain about that and you shouldn't  be relying on other people's success stories  to build yours because it might not end well and what might work for one person might not work for the next person and you should rather figure out what truly works for you.

The chance of the market to drop again is always high after there is a big increase for few days/weeks. Bitcoin price can drop again around $28k, it may be the right time for the next entry. Currently, the market looks quite stable because Bitcoin still can survive above $30k. The market will be red again if Bitcoin price drops to $28k and we may hear some FUDs to trigger the price decreasing more. There is still 1-2 years for the bullrun season, so there is still enough time to buy again. Because of this reason, we don't need to hurry buying more coins.

News had been predicting that the next month would be another surge of Bitcoin as it stated that Bitcoin bulls are getting ready for the seasonal surge.[1]


Matrixport stated that  Bitcoin tends to rally during the month of July, so if the person who intend to invest have to wait for some days, there is a possibility that he will be buying Bitcoin at a possible higher price if the analogy of Matrixport is true.

How about instead of waiting, start accumulating then DCA all the way so that the we can average down if the price do plummet. 



Bitcoin market is yet to enter the bull run state, the current surge is just a market recovery.

---

[1] https://www.coindesk.com/markets/2023/06/28/bitcoin-bulls-getting-ready-for-seasonal-surge-matrixport/

Are you really keen about investing and losing your cash on something you barely understand? Cus you don't sound like you've understood anything about crypto just yet.
For me, I won't buy BTC FOR A START at the time since it's already at 30k dolls... It's really profitable if you can possibly buy at its DIP; that's where you can possibly round off alot of profits at the ATH... I'll Still say you need to read up; cus you're supposed to understand that reading crypto news would do a great job rather than asking around.

Sandra 🧑‍🦰

I don't think it's too late to invest in Bitcoin.
if you don't have any experience with cryptocurrencies at all, what you have to do is, of course, you have to spend more time to increase your knowledge, whether it's through reading online articles or watching videos about crypto.
if there is something you don't understand, you can also take advantage of this forum to add to your reading reference material by using the search feature.
but in my opinion it's actually better if you can discuss and ask directly with friends or people you trust who already understand crypto and Bitcoin, it will be easier because you can interact directly and ask directly what you don't understand and someone directs you.

I'm the same as you OP. i.e. still a beginner in bitcoin insight.

I've tried investing in bitcoin and I intend for the long term. but yesterday when the price experienced a spike I even sold it. and I get a little profit. But now I regret selling because the price looks like it will be quite difficult to get back down in the short term.

and while waiting for a drop back so I can go back to accumulating Bitcoins. so I now decided to learn and add insight in advance about all things related to crypto and trading and investment. So I think it's never too late. and it's better to start by adding insight before getting directly involved.

I hope you are not investing because your friends of what your friends told you about Bitcoin, there is more to what you hear, it's goof side but I just want there is different stroke for different folks, your story and experience towards having Bitcoin might be different, it will be better than theirs or in the short time, it could be bitter experience of price fall. However, you should know that this is the best time to buy Bitcoin as many of us believe that as halving approaches, the market will adjust itself upward and anyone who have bitcoin in there portfolio will likely see some gains, so it's safe to say that you are on track as long as you keep holding it to that time.

Welcome to the forum of possibilities!
Stop seeking for success stories, you have heard enough from your friends. This time you have to focus on learning and learn as much as you can and then you can know when to enter the market. There is always an opportunity in the cryptocurrency market. It is either bull or bear. When you meet the market at bear, you will join but when you meet at bull you wait till it is bear.

Is it the right time to invest in Bitcoin? Anytime is the right time to invest into Bitcoin, but there's one time where many will not recommend buying Bitcoin, and that's when the bull run peaked. When? We don't know, but that's the worst time to invest into Bitcoin. Aside from that, anytime is a right time to invest into it.

All of your friends are talking about crypto? Why you don't just ask to them instead of asking to us? Though it wasn't bad to ask here because obviously you will get more information here than your friends, it would be better if you approached them first then asked this question. What would we recommend to someone that has no experience? Obviously you need to do some research if you really are interested in learning Bitcoin. Reading articles, watching videos, watching documentaries is the ones I'd recommend especially the last one because that helped me a lot. Documentaries is a big thing for a newbie because they will tell you anything about something. Resources? There are many online. Your friends are considered as resources as well because they can be a good source of information for a newbie like you.

I have no success story, but what I can share is that, long term investing works. It works for me. It works for those who are thinking long term about investing into Bitcoin.

Welcome to the forum.


I think I have read this question like more than hundred times in this forum, my answer is always the same, it is always the right time to START investing in Bitcoin. If are about to start buying bitcoin then just buy it, not like much, but just set aside small amount of your money and use it to buy bitcoin now, after you are learning more about bitcoin and crypto you can decide whether this is the right kind of investment for you or not.

Welcome to the forum mate first of all once you are new here in forum all you need is to adopt and know first the rules and regulations because we have the rules and regulations that all the user must follow. And about the idea that ( it is the right time to invest crypto). Then I will say that every now and then is the right time to invest bitcoin. And it's up to us people if we can handle the price of bitcoin. Because it's very volatile we can not predict when is the time that the price will increase and decrease.

Every resources that anyone could ever wanted about crypto is available online, you don't need anyone to teach you about anything, the answers are available online.

Now is one of the best times to invest in Bitcoin or crypto, but I know that many people will only decide to invest in crypto after there is a pump going on, people prefer to FOMO into something that's already pumping compared to those that are already in the market when there was no pump, and such investors always make the best profits.

If you want the best gains now is the best time to start investing into crypto and do not invest more than you can afford to lose, buy what you can and hold for future possible pumps.

It is never difficult to enter the cryptocurrency world. Of course, all newcomers experience a huge sense of lost profits, but this needs to be accepted and experienced. Yes, generous bounties have passed, and the price of bitcoin will never fall below 7k (according to my personal technical analysis), but there will still be a lot of different cryptocurrency topics where you can earn a lot. For example, if we consider the simplest thing - trading, then you can simply place pending orders and wait for the BTS to fall. Here is my chart where I showed how the price can behave.
And it's quite real!
You just need to be able to wait, and any beginner will be able to make money on it. And this motivates him to learn more about cryptocurrencies and make money here.

https://telegra.ph/file/bdecb4ca615164f853a41.jpg

I agree with you. That's why me I always says no time is ever too late for someone, the moment you realize the opportunity you have missed in the past and you call your self to other. Steps taken from that time will never be considered as a late step but as the right step towards achieving something grate.

Bitcoin no matter how high the origen will be it is not to be considered to be too late to join and accumulate, knowing the fact that todays price might turns out to be a reference so buying now will make the person be part of the people that will be celebrating in the next bull run.

There is basically no perfect time to enter the market, we can't know what exactly will happen next, all we do is speculate and wait to see what will happen, even professional traders can't be sure about the next moves of the market, and it can always go against the predictions of the people no matter what kind of tools, analysis, charts, and patterns they've used to make their predictions and that's because the cryptocurrency market is basically unpredictable.

The best way to enter the market is to start doing DCA which means not to buy with everything you have at once. Since we don't know where the market might be headed after this, we should buy only a portion and then wait for a movement, if it starts going up, we should wait, and as soon as it starts going down, we should keep buying after specific intervals.

Welcome to Bitcoin Talk! We are glad to have you.

To answer your question as bluntly as possible, the answer is no, it's not too late for newbies to get into Bitcoin. While there are absolutely some learning curves, just take your time and learn at your own pace. Luckily for you, there are more educational content and resources than ever before.

If you are just looking for a simple way to learn, I would focus your efforts on getting your first sats (the smallest unit of bitcoin) and learning how to send/receive bitcoin, and how to secure your seed phrase. Once you learn those basics, you can stack more sats (slang for get more bitcoin) as you continue to learn more about bitcoin and how it all works. It's an amazing journey that is sure to teach you a lot about what you value the most in life.

Again, welcome to Bitcoin Talk. The more bitcoiners around the world, the better off we all are as a network.

It is literally wrong to think that there was a right time to have invested in bitcoin, and so therefore maybe now or tomorrow may not have been the right time. The truth is, from when you heard about bitcoin and decided to engage in it that was your own right time. What really matters is how we invest which is predominantly predicated on our knowledge about cryptocurrency.

What are your friends really talking about concerning cryptocurrency that you can't yet wrap your head around? Except maybe they're introducing it to you in a technical and higher level against the background level of a newbie.  Take out time to consume the resources that have been provided for your benefit some of the forum members. And don't be in a haste to trade or invest, there's always time to invest but this time at this stage for you all you need is learning. Welcome to BTT.

Forget about time problems - but maximize your opportunities. You know you didn't come at a time when the bitcoin price was lower than $1000 - but you did come at a time when the bitcoin price was above $30k. But know that was only a very low price compared to its all-time high.

You are not too late - rest assured. Check CMC - see where the current bitcoin price is, if you are sure you want to invest then do so now and hold for the long term. But before you jump to conclusions - the best advice is to do some analysis and consider it at your own risk.

For the newbies, i guess its ideal and easy way to understand is with the using of the rainbow chart of the bitcoin, every time halving comes the price of the bitcoin goes up basically, this is how this easily understand but if you want to know what is the specific time frame, and ideal date to trade to buy is no one knows but you can get an idea when it comes with the use of the technical indicators this serves you as a guide to your investment to buy or to sell. Ideal for newbies is to know how the market move so you can analyze at your own and not be dependent with the signals of other people to prevent blames and regrets at your side.

Whenever you have your money to invest in Bitcoin you can go ahead to invest but you don't have to be brother about the short term profits the market can give you and be only interested in the long term goal. If you're investing to make profit in the next few months then you should do your research properly before investing but if you're not bothered about what the market might do in the short timeframe the you can invest anytime without looking at what's likely to happen to the market. As a newbie just entering the industry, I think it's fair you invest for the future and not short terms.

We shouldn't be trying to time the market but just invest and keep on holding. Profits aren't made when you enter the market but when you have to be patience and keep holding unto your investment that's when the profits are made. Some people buy Bitcoin at the perfect time (let say before it starts increasing in value) but why they don't make good amount of profits is because they don't have patience and too in a rush to want to sell their Bitcoin. Which they do and begin to regret when Bitcoin is reaching new all time highs.

Everything you know about Bitcoin or about crypto investment can be found already on the internet or in the forum. What you gonna need is to spend more time searching for it. As you have said, your friends are talking about crypto, why not ask them instead of looking for someone? In fact, it was best to engage with them as they already have experience and you can reach them anytime if you have questions.

And in regard to success stories, all doesn't come easy and fast. Some become rich but some also fail, and the is because it depends on how you manage your investment.

As the crypto market shows signs of warming up, many are intent on starting to get in or getting back in. You should consider before deciding in this market with many opportunities but also potential risks...
Things to know before entering the cryptocurrency market right now. The market has no shortage of money-making opportunities. First, however, participants need to find out if working in the crypto industry is right for them:
1. Potential of the cryptocurrency market: cryptocurrency has been around for more than ten years and has been popular for more than ten years and has many earning opportunities such as investing in potential coins, mining coins and reselling them on exchanges. transaction,...
2. Is it easy to make money from the market?
In fact, cryptocurrency is a rather difficult place to make money. There are many people trying to get into this field, but only a few can succeed. If you want to make money with cryptocurrencies, you must always be quick in all trading decisions, but to do this you will have to learn a lot and always have to keep your spirits up when the money goes down.
3. Risks
Like every other new industry, the cryptocurrency market is also full of risks to watch out for.
The risk of losing money, something obvious but always mentioned. You need to accept a fact before participating in this market that the value of money going up can change your life overnight, but it can also make you empty-handed when the money flow goes down. In addition, you can also lose money because a scam company or the company you invest in is forced to stop doing business. Once these companies stop working, they will stop the withdrawal feature, then it will be very difficult for you to get your money back.

Well, for the sake of artificial humility we could accept you saying that everyone here is more experienced than you're but in the real sense it's not that way. You could still be more experienced and logical than some high ranked members who aren't asking this same question for fear of being thought inexperienced.

I ain't sure there's any other time that will be better than now. This is putting into consideration the fact that next year is Bitcoin halving year and the expectation is that a bull rally will be imminent. Already, we feel that surge coming on even before 2024. Buy now and stop dilly-dallying on it. However, make sure it's the amount you won't miss you're putting into such investment.

I also want to share my thoughts here and let you know who inspired me to learn about crypto blockchain technology.My roommate share a wonderful experiences with me and then i inspired from him and now you know the result and for this reason i am a member of this forum.You are going to listen the story with my friend's mouth now.  
"The incident happened recently with my friend and me. Me and my friend walk every afternoon. Walk every afternoon and sit at a tea shop to rest for a while. One day, seeing the shop closed, I walked some distance ahead and went to another small tea shop.I saw an old lady and boy in that shop, the boy was serving biscuits and other things.I asked the boy's name and age and found out he was just 12.I was discussing cryptocurrency and trading with my friend and asking that boy bring coffee and bread for us.During the discussion I suddenly noticed that the boy was standing behind us and was listening to us with interest. When I asked the boy is the coffee was done or not he said "Sir it will be done in two minutes" I ordered him again two coffees for us fast.After two minutes the boy brought the coffee and surprisingly he brought coffee decorations with the image of Bitcoin. Me and my friend looked at the coffee for some time in wonder.Seeing me looking at the coffee for a while, my friend asked the boy how he did it. Me and my friend were more surprised when the boy said that "Sir I know what Bitcoin is and I save some of my profits from this store to invest in Bitcoin and for my future so that I can make the shop bigger and built a new coffee shop. we ware really surprised to hear the guy and tipped him extra and left the Tea shop for the day."
This is really a wonderful story which happened with my roommate and his friend.Everyone should take inspiration from this real experience.

Yes. never too late there is always a good time and opportunity to learn and enter the market. only the timing is different. For now, if you enter the market, it might be more profitable because the market is still very kind and the prices are very affordable. if you enter 2024, it could be that the market is already somewhere else and the price might have all gone up because BTC is predicted to go to such and such prices..

If you ask me, of course the answer I will answer is: it's never too late to invest in Crypto.

You still have a lot of time and opportunity to do it, from some of the data that I have seen, the current crypto market has not surged as many people expect, meaning: you have many opportunities to start now, the point is: you have a target to plan to invest in a certain time, a lot of what we have seen at this time, now is the right time to invest, if they think for the next 1-2 years.

Investment is done on the basis of belief and will, if you are sure to do it and if you are not sure to back down, the investment is really born from a clear mind, without doubt.

The OP knows he has missed many opportunities to buy as low as the initial investors but of course if he expects that time to repeat then impossible is the answer. Of course he could buy now, but he shouldn't just buy with 100% of his budget. DCA can help him accumulate his assets at each correction low, that's much better than expecting prices to drop lower like the past.

Patience and commitment is the mother of investment strategy, I do not think there is any need to be in a hurry to invest, there are lots of things to learn so that you won't be confuse, it actually takes time to comprehend Cryptocurrency stuff , so you have to be patient. Sometimes, reading articles online may look so confusing because of the terminology used, however as you continue interacting with bitcoins Information and continuously learning from this forum , can speed up your understanding about the Bitcoin of a thing.

After understanding of bitcoins comes Decentralized and centralized exchange, how to use them, how to secure your wallet and private keys, avoid scams . You will also learn how to convert and transfer bitcoins. This and many more you will get know in Patience and commitment. The profit is not the number one thing, the process is the first thing to consider.

It's another thing to invest, it is also another thing to know when to expect profit and how to balance your life activities around your investment to avoid high blood pressure.

It's not due yet for an investment opportunity, what if you're chanced to decided on what to do today, make the choice to invest in bitcoin and hodl because we are still under the bear season and the market will soon begin to surge, while you're yet to make that decision to invest, you can start by learning, no knowledge is a waste, cryptocurrency is very broad and same also is bitcoin, but we can begin somewhere.


The forum here is more than enough in this regard

Maybe you should learn to be active and get used to the boards each, try to understand what the discussion is all about and make further inquiries on the internet on aspect you seems not to have understood well, make use of the forum's search button, post on beginners and help section, ask questions there and learn from the members reply on related threads you could find of much concerns to you and keep learning.

That is true. However, with financial markets and trading, there are unlimited opportunities day in and day out. So as a newbie, the best thing you can do is to not get overwhelmed by an overload of information because there is an overload of information. Study at your own phase. Take risks in your own regard. Because the market will always be there trading higher and lower. You don't need to put a lot of pressure on your back. You might already miss a lot of opportunities, so you can't missed a lot more that is coming in the future. 

I think you are right. If you keep business or trading in mind, the result is that it never hurts to start both. All you have to do is make a decision, organize your steps with courage and dedication, push yourself to make the right decision, and just start it. But one thing you should take into account is that you should survey the market trends and make your risk assessment first; otherwise, you will face losses. Follow the expert’s opinions, align with our analysis pattern, and join different community forums to gain more knowledge.

Know that those who became experienced and skilled investors by now have started from scratch but they chose to educate theirselves and take the risk. And now everything has paid off. So it might also happen for you if you start to be fearless and start taking risk from investing because you will never achieve something big in your life if you stay hesitant and fearful all the time.

Now is the right time to invest as there’s no late from bitcoin investment. You can start to educate yourself and do your own diligence to study the forum before you decide to invest and risk some funds.

Many newcomers measure the price of bitcoin from present to 0. What I meant is, they measure it from $30k down to when it was worth $1. They will be like, I wish I met bitcoin at price $10, $100, $1000 etc.

Little did they know they were supposed to measure the present price with respect to the ATH. That is to say, if bitcoin is today at $30 and the ATH was $69k. This means they have the opportunity to make 100% gain and above.

Everyone will say - YES.

Have you ever read an article about explaining bitcoin and others? You can also find some threads in this forum about explaining it in even very simple some people have shared this article, just study it, I'm sure one day you will understand the concept.
Or you can ask your friend about crypto, maybe he will help you in guiding in his understanding, and here are two articles that you might be able to see.

[1] https://learnmeabitcoin.com/
[2] https://www.nerdwallet.com/article/investing/what-is-bitcoin

After a long period of stable Bitcoin price between $24K and $25K, the market has finally moved up the market has crossed $31K. 
At the moment, the price of Bitcoin has been hovering between $30K and $31 for a few days. Right now it is not clear which direction the market may go. Generally, from such a situation, the market is as likely to go down as it is to go up. But at the moment the market is slightly more likely to move upwards. Given the current market conditions, this is also a good time to invest in Bitcoin. If you want to invest, you can invest in Bitcoin by observing the market for a few days.

I believe the price of the market will stil keep increasing , to buy bitcoin with the current price is not bad  expecially if the buying Bitcoin will be  a long-term investment.  I believe Bitcoin still have a long way to go to get to the bull market.  The price  of bitcoin is still affordable for people to invest. It is still a good time to invest for those who are ready to hodl, but can be a bad one for those who just want make profit so quickly.  The  market is unpredictable,  it is better  to invest without having target of specific time to make profit.

No worries, you’ll eventually get there in the right time. For now, focus on the forum because that’s the best avenue I think where you can get maximum knowledge about bitcoin and the cryptocurrency market. Also, you can check some of reliable youtube videos about bitcoin, and scroll the internet for free. Do not be too serious but just enjoy your stay in the forum. You’ll have your own successful story with bitcoin in the end so just trust the process.

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
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First, make yourself interested in gaining knowledge about trading. And know all about trading. Do detailed research on the profit and loss of trading market. To become a successful trader, make a proper trading plan and research the trading market, find a specific time to trade and trade at the right time. And trade by consulting a trading expert before trading. In this you can achieve success from trading. And in this you can become a successful trader.

Its never too late to learn, and even though you think that you already learn a lot there is still a lot that you need to learn, so don't be afraid to be late, because if there was no one in front of you that might be a bad thing since you might not do it because there was nothing to catch up, if you see most of the people are in front of you you will be motivated to learn and catch up with them. I mean its never too late, newbies this day will be the future of this forum, a lot of experienced members here or legendary members are already old at some point their accounts will not be active anymore, so newbies are needed here in the forum as well as in the cryptocurrency space.

What matters here is to start your journey already it doesnt really matter if you are late there is still plenty of opportunity to invest in Bitcoin, yes there are some lucky people who bought Bitcoin back in the day that is already successful and rich this day, but there are only a few people, if you started investing already you might be next one to make a good amount of profit.

It's not too late to learn about Bitcoin. Maximum people in the world still don't know about Bitcoin, with time they came to know about Bitcoin and started learning what Bitcoin is actually. So it's not too late for you, you're still ahead of most people to learn about Bitcoin. Any person can learn quickly about any subject if he is interested in researching, so you have to create interest in researching.
Community members have already given you links to important threads to learn about Bitcoin. So start reading those threads, so that you realize that you have not started learning too late.

what kind of success story do you mean?  whether that story is like vitalik or CZ?

it is not easy to understand cryptocurrencies in detail when you are not ready to accept the change of mind you will experience, you will wonder how it can attract so many people to buy ^{(for example bitcoin and ETH)}

in an article briefly explained what cryptocurrency is

but for more information about cryptocurrency ^{(about bitcoin or altcoins)} you can try to search for ticks on Google, there are already many answers that are definitely available, don't be lazy to find out and read.  always remember that it is not too late for beginners to invest in bitcoin.

The steps you mentioned are indeed quite appropriate to be carried out by anyone who currently has a desire to learn about trading. But I think that the things you mentioned are not very easy things to do because apart from having to have enough time to do research on how to trade and how to understand the market, sometimes things don't go our way. So we can only rely more on ourselves even though we can ask the trading experts in the crypto space.

Even beginners are not too late to invest in it - unless they expect a low price.

It's never too late for a lesson plan - it's always open to everyone. Bitcoin also has not reached all of the world's population so it is still very possible for them not to know what bitcoin is and what it is used for. It's getting easier every day to get information and new things about bitcoin - but most beginners are not interested in the innovation, they are only interested in the potential that bitcoin generates as a profitable investment asset.

Sure. Since you are a newbie, other members have more experience in this forum. But there are people who even don't know this forum. You're lucky that you join this forum finally. Anyway, everyone here also started from a newbie, so you don't need to feel hesitate to ask anything. Everyone must understand if you still don't know many things.  ;)

It is always the right time to invest in Bitcoin, especially it is in the bearish season.
We are in the second year of bearish season, in theory it is the latest year before we are heading a bullish season. We still have some months to collect/buy crypto coins at cheap prices. So, whenever there is a dump in the prices of crypto coins, it is the best time to buy them.

You need to focus on learning. You can get the sources from the threads on this forum, read the articles, or watch the YT videos. You must improve your knowledge whether it is about crypto or about this forum as well. Don't be too obsessed with earning profits, don't hurry to buy crypto coins as many as possible. It is better to use small money only during you focus on learning.

Newcomers venturing into the realm of cryptocurrency need to exercise prudent risk management and maintain realistic expectations. It is equally crucial for them to comprehend the safety measures associated with their portfolio.

Newbies are always welcome to enter into crypto investing but they should educate theirselves at first and learn to gain experiences first before they will go to the most exciting part of investing and reaping its future profits. That way, they will not be susceptible to losses like most of the newbies did, and they will never end up panicking due to lack of knowledge and experience in the crypto industry.

Newbies tend to think of getting everything quickly, but if they patiently spend time learning about Bitcoin, they can get great results from Bitcoin. This forum is enough for a newbie to learn about Bitcoin to an expert level. Newbies think it's too late to learn about Bitcoin because they judge everything based on the market price.

But it is really important for them to know that this is just the beginning for Bitcoin, Bitcoin will go far which they can't imagine yet due to their lack of knowledge about Bitcoin.

Your right their is no time you learn bitcoin that is against or late, because for the passed thirteen years now bitcoin have been existing I believe that the price of bitcoin always be on rotation so therefore nothing in bitcoin you can learn now that is not in Bitcoin before,  the only thing I will tell you concerning bitcoin is that during investment of Bitcoin it have a time for you to invest in bitcoin and make a profit its basically directly during the time of bearish

While everyone suggesting you other sources to read. I find it boring to read long articles to learn something. Instead, I always try to see the summary before I read something. If I find it interesting, I try to read it in detail.

Back to your questions. Is it the right time to invest in Bitcoin?

I will say yes!
It's never let to invest in Bitcoin because we are still in the early stage (see the image below)

As a beginner, you must know that all cryptocurrencies and Bitcoin are different. Bitcoin is decentralized; No one can control it. Most other altcoins are centralized. They can manipulate the price of the altcoins. You may learn in detail later.

For now, a few things are essential. When to buy? Where to store your Bitcoin?

When to buy?

It also depends on your target. You can buy bitcoin anytime, ignoring the market price, if you want to follow DCA (Dollar cost average) method to buy bitcoin. You will buy a portion of Bitcoin weekly and accumulate it for a few weeks.

If the market is high, buy less bitcoin.
If the market is low, buy more Bitcoin.
Never sell your bitcoin below the buying price.

Do not invest money you might need to cash out recently. Bitcoin is volatile. Sometimes it may go lower than your buying price. You will be an unrealized loss at that time. These are the basics to buy and accumulate your Bitcoin. You don't have to learn everything in a week.

Where to store your Bitcoin?

I assume you will buy Bitcoin to hold it for a long time. If you have a hardware wallet, use it to store your Bitcoin. Choose a non-custodial wallet if you do not have a hardware wallet. My best choice is Electrum. It's available for Pc and smartphones. Never store your Bitcoin in exchanges. Do not share your private key with anyone. Do not keep your private key online. Losing your private key means losing your Bitcoin.

As newbies we have to be updated on all these technological and financial developments, that this digital age brings and remain attentive to its use, so as its use widens, I think it's not too late.

I don't believe anyone who joins this forum is too late; the forum is a place where you can learn a lot of things before beginning to invest your money in bitcoin. First of all, welcome to the forum where you will learn more about cryptocurrencies; however, as a newbie, you must have patience because without it, I don't think you belong here. Additionally, now is the perfect time for you to invest in bitcoin, and I'm confident you won't regret it.

But the best piece of advice I can give you is that joining a forum does not ensure that you will succeed quickly or that you will be wealthy. I think you will see many of your friends enjoying their investments when they make money after selling their coins, but it's also important to keep in mind that cryptocurrency has both positive and negative aspects. The positive aspect of it is when the price rises and you sell it with a smile on your face, and the negative aspect is when the price drops.

Cryptocurrency as grown too broad for someone to just grabe the idea of it all at once or within a short period. It's something that takes time to grow into and the step begins where you choose.

I wouldn't advice anyone to just jump unto it but rather, take gradual steps of reading, researching and understanding the basic concepts about it before going ahead to work with it.

Though the innovation has done some big numbers, its just a little but above a decade and has got a long way to go still. Taking a page after you must have grabbed the bases about the innovation would go a long way in actually owning a crypto portfolio ad protecting your asset and getting more benefits.

Yes- it is definitely the right time to invest in Bitcoin!

To every newbie/beginner who is entering the cryptocurrency world, I always advise them that the best time to invest is when you actually start your journey in this world! The moment you discover and understand the basics of cryptocurrency, that is when you should start investing in order to maximize your short/long-term profits depending on your goal.

By basing it on the price history index of BTC, you would definitely observe that the price trend of BTC is increasing over the years. Who knows that maybe 5-10 years from now, the value of BTC may exponentially increase like what happened when it started.

Listen to this, I been in this forum since 2014 rarely post but I remember posting about getting into mining and bitcoin....in 2014 I felt I was late and skipped it!! literally didn't do it, we know what happened later!

In 10-20 yrs from now people will come here in this very forum, btc will be at $800k and people will look at us posting here in 2023 saying "Boy these guys were in early".

Mark my words.

Congratulations as you are new to the forum.


I would argue that if you follow the Bitcoin market at the moment, it is definitely a good time for you to invest. You can observe the Bitcoin market in the past to see how low its price has fallen and get some idea accordingly. And since the market has changed a lot now than before, we can expect to see more changes in the future. So you don't take much time and analyze the market a little bit better and make that investment now I think it is the right time for you.

If your friends have good experience with Bitcoin or this forum then you can act on their advice. Since you have not acquired much knowledge about cryptocurrency, you can easily understand it if you take help from your friends. Or if you want to keep an eye on the various guides on our forum for newbies then you will surely understand and benefit.

I think if you can learn from this forum well then you will understand everything for your success. There are some money that can bring you success in the future for example Bitcoin investment has changed the future of its people. It will be helpful to understand this if you reach a stage where you are specialized in cryptocurrency. Those who invest in Bitcoin can earn good profits and they don't run out of money in the future. But investing in Bitcoin requires a person to apply his experience so that he can profit from the investment. And if you want to reach this success, you must learn more about Bitcoin and invest with patience. . So you invest in Bitcoin and hold it patiently for a long time but you will get success in future. I got good profit by investing Bitcoin and keep it as wealth for future like support for my future generation.

the most appropriate investment in btc is when the price of btc is falling or when the market is bearish, in my opinion now the market is in the process of recovering from a bearish market to a bull market, but if you want to invest right now, of course there is no problem as long you  to use money who are ready to lose and buy btc when there is a price reduction
and use the dca system in buying btc.
so in my opinion now is not too late to buy btc as long as you are ready with the risk.

Hey Man, You're welcome to the community.  And even when you're sure of what you know,  it'll be great to also keep an open mind  whenever it comes to learning.

Don't get pressured by your friends to do what you're not ready and sure of.  I'll recommend you to follow up with Binance Academy as they have educative materials and articles to help broaden a newbies knowledge about Bitcoin,  Crypto and also news around  the world of Blockchain and Cryptocurrency.

Faluire stories are much more better,  they have better meaning to newbies so they wouldn't be on the same part. Succes stories are more like fantasies filled with lies, don't trust them, at most when it comes to YouTube influences. It's a good time to invest in Bitcoin. But invest  what you can so you don't go hungry.

First off I'll start by saying welcome to the bitcoin talk community and you should feel free to ask questions you don't know so as to learn and so far they're reasonable, you'll get good replies from members of the forum, this is a place where learning is a constant process and you should be open to getting knowledge, because no knowledge they say is a waste
 
 Back to your question, yes this is the best time to invest in bitcoin but not for someone who lacks experience in it, first off you should do some research to know about cryptocurrency, the purpose of bitcoin creation and how to invest in it as well, I bet you might not even know where to purchase it from our how to use various exchanges so those are what you should be looking out for and try to get knowledge about, however since you mentioned that your friends have an idea about cryptocurrency then they're in the perfect  position to enlighten you about it, you could also check the bitcoin discussion board for threads where member have made better explanations of bitcoin and how to go about it, but you should note that bitcoin investment is not something you rush into if you're not thinking of a long term investment.

I  think its too late to invest in bitcoin and in extension any other crypto as well.

I would say earning crypto  through other means is better and safer - giveaways, air drops etc

My reasoning is BTC price is  already very high, I am not saying it will not rise, but its not feasible enough for most countries (especially asian)  to buy bitcoin.
As well as new regulations/scrutiny coming in different countries, I  would not suggest investing anything more then what you can afford to lose.

It could be worth it to invest in a  relatively new altcoin(or shitcoin), but obviously the risk is much higher as well as the potential earnings incase it 'pumps'

I am no way an expert, but usuaally almost every mainstream coins  go up together with the crypto market so imo it doesnt matter which main stream coin u invest it/

tldr; either invest in new coins with much more risk,  or find some alternative ways to earn crypto rather then risking fiat money

Why would it be too late? The goal is not necessarily to have a bitcoin. Maybe the satoshis bought today will be worth a lot more in 10 years?

Since its birth, there have always been people saying that it was too late, even when bitcoin was worth 5 dollars, or 100 or 1000 or 50,000. Either we believe in the future of bitcoin and invest a few satoshis, or we don't. This is the only valid question.

The word too late only crossed the minds of those who were afraid to see the higher Bitcoin price compared to a few years ago, they thought the Bitcoin price had reached its highest price so that there was a fear of investing in Bitcoin. It's never too late for someone who has learned Bitcoin from its basic foundations to its adoption in several countries, they never hesitate to invest in Bitcoin even though they have just entered the Bitcoin market.

The first step you need to do is study the Bitcoin charts in the last few months, you can do CDA as an initial step in collecting Bitcoins. The Bitcoin that you have needs to be stored in a secure wallet, store the Bitcoin that you have in a wallet that you can control the private key, always avoid storing Bitcoin on exchanges because the risk of loss is greater than the wallet that you can control the private key.

As long as the price of bitcoin is in Low then it's time to buy and hold it until the price will rise and get more profit.  Everytime there's a chance that the price will Go up higher as we all know that bitcoin is volatile, unpredictable.
About your situation Op as what you stated is that you are new in crypto and have a little more knowledge then it's better to you to keep around in this community and find some topics that you want to learn.