I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do?

It doesn't make sense for anyone to tell someone which altcoin they should buy. Everyone should make their own choice on this matter. There are many people who do what others say and lose money. There are people on X who have thousands of followers and are deceiving people for publicity. People need to research and be informed, otherwise they are investing in other people's ideas and end up feeling sad.

It is very easy to find a lot of the information you are looking for on the internet. Before trusting anyone regarding investment, a person needs to work to become informed himself.

I tell the person who wants to invest that I trust Bitcoin in my investment and that it does not cause any losses in the long run, but I generally avoid saying anything about any altcoin. I leave all the decision to him.

Never have all your eggs in one basket. So with this reference, I can say you should prefer to keep your money invested in some solid projects including Bitcoin. Ethereum is a safe choice.
You need to your own research for this. Just do not invest for 10x or stuff, invest in the technology or the target of the project. See how you can use the coin, and what the devs are working on.
Just do not invest in any random project which promises and does nothing.

Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins. Additionally, they're wondering when to catch the bottom or exit at the peak. As we know from previous cycles, Bitcoin tends to rise first, attracting the influx of funds, followed by new funds flowing into Altcoins. However, holding onto Bitcoin might not yield substantial profits, and determining the right time to switch from Bitcoin to Altcoin for maximizing gains during the growth season remains a challenge.

Now, I'd like to share a method that I have been using and find quite effective, hoping to share it and receive feedback from you all:

• First, I establish from the outset that BTC is solely for holding, not for selling. When BTC surpasses its peak and an Altcoin wave is on the horizon, all you need to do is put your BTC into cross margin and borrow USDT (not exceeding 50% of your capital) to invest in Altcoins.
• For instance, if you currently have $26,000, you could invest in 1 BTC and hold it from now on. Hold it until BTC surpasses its previous peak of $69,000, which would mean your asset is now worth $69,000. At this point, place the value of 1 BTC into Cross Margin and borrow $30,000 to invest in Altcoins. Borrow only $30,000 or even less, not more. This way, you can continue holding onto that 1 BTC as it climbs to $100,000 or $150,000, while also having $30,000 to invest in Altcoins. With the $30,000 borrowed, smart investment in Altcoins can potentially turn your initial asset into $300,000. You could sell the original 1 BTC that you held onto for $100,000 or $150,000. The combined profit from BTC and Altcoins could amount to around $400,000 - $450,000. After repaying the $30,000 borrowed from the exchange, you'd be left with $370,000 - $420,000.

In summary: Starting with an initial investment of $26,000, you could potentially make $370,000 - $420,000.

In previous cycles, I often found myself struggling to find the answer to the question of "when to sell BTC and switch to Altcoins." BTC is meant to be held, not sold, and even more importantly, never sold for Altcoins. Simply hold onto BTC and when there's an Altcoin wave, use your BTC as collateral to borrow funds for Altcoin investments (ensuring borrowing remains under 30% of your capital). Now, with the increasing choices offered by the DeFi market compared to past cycles, this method proves quite effective for the strategy of using BTC as collateral to borrow USD for Altcoin investments.

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do?

Most people for the first time when they hear of bitcoin, due to its volatile nature that can pump very high within a twinkle of an eye during the bullish period, they misunderstand it to be a get rich quick scheme not knowing the reason behind the pump in price. This has made so many newbies rush into bitcoin as they think that the moment they purchase bitcoin in few months they will make mega profit, unknown to them that it doesn't work that way. This will make them borrow money to invest in bitcoin or use the funds for their monthly expenses and emergency funds to invest in bitcoin, and when what they expected didn't turn out to be so, they get disappointed and due to tension on them for using funds that was not meant to buy bitcoin, they end up selling at a lower price than their entry price and run at loss.

Bitcoin investment is just like a normal investment that when you start it initially, you take your time to grow, nurture and monitor it, with patient and discipline to make sure that the investment flourishes. The investment can only flourish,when you give it a long  time. It will flourish to the extend that when you take profit from the investment is still ongoing, and not within two years but let's say from four years and above. But if your investment has just started taking shape and you want to start taking profit, you might end up crumbling the investment, because it is still in its early stage.

This is how we should see bitcoin investment like, but bitcoin investment is more of value because when you have it in mind that you are buying bitcoin and invest in a long term goal and also having a target of bitcoin that you want to accumulate for yourself in maybe 4-10yrs and above. You will see that you will prepare yourself towards how to achieve that goal. For you to be able to achieve your long term goal, you budget a percentage from your income that wouldn't affect your monthly expenses, so that you can be buying consistently every week, monthly or quarterly, in order to increase your bitcoin portfolio because the size of your portfolio with the timeline is what will determine your profit. Bitcoin investment is worth investing into because  it might be that, it is your bitcoin investment that will turn your life around in future and you will be happy that you invested and hodli for a long term and you could meet up your bitcoin target.

Bitcoin is not altcoins that can be hype, bitcoin has a solid foundation and has come to stay, the government knows this and that is why they are approving Bitcoin ETF, which US SEC will soon approve that. Can you just imagine when you build a house without a foundation, any little breeze will shatter it and that is how those altcoins are, they are pump and dump and they were created to scam people who are greedy and need quick profit or people who don't know the potential of bitcoin. Investing on altcoins will be the worst thing to do because it is the same as gambling.

Why are you after a quick profit investment, when you know that there is no investment that has lasted, that will give quick profit. The only way that you can profit from bitcoin is when you invest in a long term and focus your mindset on a long term goal with regular DCA. When you invest in bitcoin for a short term, the possibility of you to run at loss is high than when you invest in long term. Invest wisely...

What is your thought on this.

That's a tricky question. However, investment in FIAT (traditional currencies) or CRYPTO (cryptocurrencies) depends on your financial goals, risk tolerance, and investment strategy. FIAT provides you with:
Stability: FIAT currencies are generally more stable than cryptocurrencies, as they are backed by governments and central banks.
Inflation: FIAT currencies may be subject to inflation, which can erode their purchasing power over time.
Traditional Investments: FIAT investments can include traditional assets like stocks, bonds, and real estate.
And CRYPTO:
Volatility: Cryptocurrencies are known for their price volatility. While this can present opportunities for high returns, it also comes with increased risk.
Decentralization: Cryptocurrencies operate on decentralized blockchain technology, providing a degree of autonomy from traditional financial systems.
Innovation: The blockchain technology underlying cryptocurrencies has the potential to drive innovation in various industries.

Just consider the following factors when making a decision, like risk tolerance: Cryptocurrencies tend to be riskier than FIAT currencies. Assess your comfort level with market volatility. Then the time horizon: Consider your investment time horizon. Cryptocurrency investments might be more suitable for long-term investors. Then diversification: A well-diversified portfolio may include a mix of traditional and digital assets to spread risk. And finally, make research: Thoroughly research both FIAT and cryptocurrency investments, including understanding the market, technology, and regulatory environment.
However my heart goes with crypto, yes greater risk but also greater rewards. If you crypto lover' also reward yourself with crypto fashion at The Alt Street.[https://www.thealtstreet.shop/]

Significant gains are to be made in crypto, but when it comes to securing the money I'd choose fiat, crypto is too fragile to secure money, you could argue that BTC is secure, but securing it from hacks/scams is no easy feat. You could park portion of your wealth in BTC but not all, just couple days ago I read a story about a man who lost 20 something BTC in hack.

Bank investments are safe investments no doubt. They provide a small yet confirm returns over a period of time. So if someone wants this, then definitely they will go for FIAT investments. On the other hand, if someone wants to make good profits by taking sufficient risk, then he can go for crypto investments. If you ask me then definitely I will love to invest in cryptos, especially in Bitcoins. Here I have complete freedom of my own finance, and the scope to get better profits are available.

  To others who understand Bitcoin or cryptocurrency, most who have a deep and extensive knowledge of it actually profit from volatility; did you know that? I think you don't know that, and you are not aware of my opinion.

  But it cannot be denied that because of the volatility, many people are disappointed in Bitcoin because the market is too unpredictable, so many of their capital assets also end up in losses.

OP, out for me lost but alternatively I think you mean to ask between having a fixed deposit that is to offer Monthly interests and Investing on crypto which is preferable.
If so, I think it is Worth debating because the both sides like to lean on time factors (patient).

Fixed deposit is one of a kind assets that is provided from the bank just as Bitcoin being one of a kind origin of crypto assets in a Blockchain.
A fixed deposit assets is such that involves a lower risk but may not be able tackle inflations hence, it's interest rates is depended on the period of time the fund is invested (deposited) and has some taxational charges with tendencies of low returns.
On fixed deposit investment, its investors is deprived from tempering the deposit fund and it is unwise engaging on investment that can not help to give your present solutions to your needs while you have some money out there alternatively, tempering your deposited fund in an amateur can compromise your assets value.

Bitcoin Investment is a one kind investment which its investors is in-charge to it all decision making except for its volatility which determines its appreciative or depreciative values.
In Bitcoin investments, one is accessed to place withdrawal of its fund and doesn't matter if it is a long-term or a short-term investment.
Bitcoin is potential to profer its Investors richness in an overnight and can also mess one up overnight but there is absolutely no tendencies getting it all lost that is barely the risk in Bitcoin investments but its investors high rates of demands has it the possibilities to higher rates in returns.
Bitcoin as a decentralized digital currency is simply reliable as an independent digital assets.

So with all  Dos and DON'Ts, I am relaxed with the crypto investment bit Bitcoin precisely because it has me a higher level of reliability and profitable in the space of crypto Blockchain.

Currently as we speak, bitcoin's blockchain is clogged by transactions because ORDI a shitcoin related to so called "inscriptions" creating NFT like things on-chain for bitcoin.

Are we to forget how the blocksize wars took place circa 2015 because some developers thought everything above 1MB for blocks was too much decentralization? Bitcoin lost many developers and fans due to this debacle and was set back quite a bit. We now have 4MB blocks with SegWit and a literal shitcoin riding on-chain and clogging our blocks.

This trash being inscribed on chain is going to be worthless tokens in just a few months. I can't fathom that we're standing idly by watching this all unfold. Please let's all agree that it's time to end ordinals.

Edit: PLEASE READ I need to clarify this. By roll-back ordinals I didn't mean to actually roll back the bitcoin blockchain. Just to prevent the ability for them to be created from now on.

^{Is it the right time to invest in Bitcoin?}
The cryptocurrency market, especially Bitcoin, has seen significant price fluctuations over the past year. After a turbulent 2022, 2023 proved to be a more fruitful year for investors: the price of Bitcoin rose from around $16,000 to the current level of around $34,000. In this article, we will discuss Bitcoin's recent price movements  and the factors influencing its development. We will also examine Bitcoin’s potential  to reach  $40,000  by the end of the year.
The price of Bitcoin  experienced a sharp increase in 2023, which was characterized by significant fluctuations. It fell below $16,000 at the start of the year but has since recovered and broken through key resistance levels. After an initial decline in August, it struggled to overcome resistance at $28,000. However, interest yields, particularly related to ETFs traded on the Bitcoin exchange, have started an upward trend. The price managed to break key resistance levels and surpassed the $
.30k mark..
Bitcoin ETF’s Impact
 One of the main catalysts for the recent rise in Bitcoin prices has been the wait for approval of a Bitcoin  exchange-traded fund (ETF)  by the  Securities and Exchange Commission (SEC). United States. Many investors are eagerly awaiting this development and the approval of such ETFs could potentially propel Bitcoin to new heights. Institutional investors and traders are showing growing interest in Bitcoin ETFs, helping to increase the value of the cryptocurrency.
Expectations from Today’s Closed-Door Meeting on BITCOIN ETF
The US Securities and Exchange Commission (SEC) is reviewing Grayscale's application to create a Bitcoin exchange-traded fund (ETF), following a recent court ruling in favor of converting the Grayscale Bitcoin Trust (GBTC ) was issued ) into an ETF. The private meeting on November 2 will bring together SEC officials and legal experts to discuss various topics, including Grayscale's ETF proposal. The development has sparked speculation that the SEC could approve a Bitcoin ETF, with around
 investors expecting a positive outcome this year.
 
 However, opinions are mixed, with some fearing possible regulatory changes that could lead to uncertainty in the cryptocurrency market. Market watchers are watching this situation closely, and Grayscale's filing stands out for the timing of the court decision and its regulatory implications. Some are optimistic about SEC approval, while others express concerns about possible regulatory changes. The uncertain regulatory environment continues to be a  concern for the
 cryptocurrency market, which could change rapidly as the situation evolves.
Analysts at Market Outlook
 expect Bitcoin price to continue testing upper resistance levels, with a  focus on the $40,000 level later this year. The price has already seen a notable increase of over 25% in a  month, signaling an uptrend. The Relative Strength Index (RSI) and other technical indicators indicate strong buying and selling power in the market, further supporting the concept of continuous value growth.
 
  $40,000 Milestone
If the market leader gains momentum, it could break the $36,000 resistance level and reach the upper resistance level at $37,033.37.If this uptrend continues and Bitcoin investors push the price above $38,082.91, the cryptocurrency could be  on track to reach its  year-end target of $40,000.
Bearish Scenarios
 However, it is important to consider possible downside scenarios. If the bears outperform the bulls and the market fails to sustain the price above the $35,000 support level, a trend reversal could occur. In this case, the price could test the lower support level at $33,409.28. A sustained downtrend could lead to a further decline and potentially reach the key support level at $30,396.In the near term 71.

 The cryptocurrency market, especially Bitcoin, has witnessed significant price changes in 2023. Factors such as  anticipation for Bitcoin ETFs and strong investor interest have contributed to its recent growth. While there is optimism that Bitcoin will reach $40,000  by the end of the year, it is important to be aware of possible downside scenarios. As with any cryptocurrency investment, it is important to pay attention to and prepare for the volatility of this promising  but risky asset.Investors should consider their risk tolerance and financial situation before diving into the world of cryptocurrencies.
for more info..visit https://medium.com/@zahidsardarsardarali

Same to you, I always stick to diversification method and I absolutely invest on both as long as I have my money to invest since both of them is doing good and every investment always comes with risk that's why it's better to not put all your eggs in one basket. When it comes to stability, I agree that fiat is far more stable than bitcoin.

Greetings,

refer to my previous topic about ''Investing plan" (as this topic is closed to reply back) https://bitcointalk.org/index.php?topic=5473379.0 i wanna say thanks for this wise advises.

I believe future is for BTC and my investments will mostly on it. I wanna use Electrum as my main btc assets storing. As i heard exchanges is not safe for storing purposes.

Also my plan is to invest after that litle by litle for example from my income to invest 100-200$ in month.

Thanks again for all members who responded to  my previous topic.

Bitcoin's fluctuates, huh? Certainly has its glory and gutters. Well said regarding the misinformation. And sAnd scams do exist, so the skepticism isn't unwarranted. But, oh man, many, including me, go from doubter to advocate

Your strategy for enlightenment, not coercion, is key. It's like giving a lost person a map - they may not take it, but it's worth trying, right? Ignorance promotes misinformation. Plant knowledge seeds and watch them grow with patience and sun

Suggestions? Continue talking, maybe share stories. There are stories about actual people turning crypto into real money, not simply data and stats. Have you noticed how people listen when money talks? Maybe they'll listen if we speak their language. Let's keep breaking myth and fact, fear and trust. Keep going

Currently one of the problems of people right now is inflation, if you make an investment in the banks or the fiat currency the price of your asset might get lower due to it, in cryptocurrency you are getting a ride with the market volatility, and your asset has a chance to gain profit or to lose depends on the price action movement, still an ideal move is to invest in asset that possibly giving a good cashflow so you don't need to get worried with your fiat or even in crypto. Only the time frame, price and the risk matters here.

Poor economic policies has made my local fiat to be losing its value against the US dollars, and two weeks ago the Nigerian naira fell to the lowest level ever. Judging from the body language of the current administration, I'm not convinced enough that the policies they've mapped out can revive the naira. For that reason, I choose to have more of my savings in cryptocurrency (preferably stablecoins and Bitcoin). This will give me the opportunity to sell at the current exchange rate whenever I've need for cash since the value of naira is steadily declining.

Investment in cryptocurrency will be profitable and there is no need to make investment in fiat because its a type of saving not investment. But we can also not agreed with the thoughts that all cryptocurrency is good for investment because there are lots of coins arised which did not give any reward to its holders but diminish after collecting money from large number of individuals.

Bitcoin is the first priority in crypto market which is suitable option for investment and there are also lots of other coins like Ethereum and BNB which can provide you an increased outcome. If one person hold successful crypto coin and other person hold fiat then crypto holders will be benefited in future but fiat holder will not gain much benefit as it does not increase in worth.

of course yes. i prefer crypto compared to fiat for my investments. with crypto i can get an roi that is tens of times higher than what fiat offers. after all, what can you gain by holding fiat and making it your investment? its value may decrease along with the economy, while crypto you can see how it has grown significantly in recent years and investing in crypto is much more promising.