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Author Topic: Is it too late to buy bitcoin?  (Read 126655 times)
Bagaji (OP)
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July 06, 2017, 12:39:37 PM
 #1

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
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July 06, 2017, 12:47:07 PM
 #2

Even the blind can see that crypto Currency is making people millionaires all  over the world

no it is not.
how many people do you think held their coins when price was dropping from $220 to $180 and how many do you think bought that day, and how many of those do you think dumped when price was $450 and it dropped hard. or all the other panic FUD daram that led to panic sells.
how many do you think will dump in the coming month of August, and how many do you think will hold and buy more.

it doesn't matter that you heard a coupld of stories about someone getting rich. there is always only a handful of people who don't listen to anything and keep holding for the real long term profit.

and this is just the start. we have started the mainstream mass adoption for less than 6 months and price rise is just getting warmed up. Wink

Buying the dip...
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July 06, 2017, 12:59:21 PM
 #3

Bitcoin is not too late to buy now, because many people have not even heard of it, which means that it will continue to develop actively for many years.

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July 06, 2017, 01:05:59 PM
 #4

Not late, if anything it is still early into the life of bitcoin as it is slowly creeping into the masses and at that point it still won't be too late so if you can afford it now why not go ahead.
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July 06, 2017, 01:06:46 PM
 #5

i think it is, because in the year 2011 you can buy a Bitcoin for only 4$ and if you buy 100 Bitcoin before and you still have it now , then you are a millionaire , and if you buy bitcoin now it's late, because the price of BTC now is expensive
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July 06, 2017, 01:10:28 PM
 #6

It's not too late, however, try to be careful.

If possible (but hard to spot) try to buy when Bitcoin is a bit low(er).. like it happened shortly some 4h ago.
If possible try to not get too emotional, Bitcoin has ups and downs, it can happen to get lower price at some point after you bought. Keep in mind that it should go back and even higher.

Very important: don't invest what you don't afford to lose.
And last advice: never get investment advises from random people over the internet. Use your best judgement.

i think it is, because in the year 2011 you can buy a Bitcoin for only 4$ and if you buy 100 Bitcoin before and you still have it now , then you are a millionaire , and if you buy bitcoin now it's late, because the price of BTC now is expensive

In 2011 it was an unknown something. For that it was pretty expensive.
After the 1200$ and the crash to some 200$, the current 2500$ is a lot, I know. And what if "they" are right and Bitcoin will reach 500000$? Isn't the current valuation still an opportunity?
As I said, OP has to use his best judgement for this.

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July 06, 2017, 01:11:52 PM
 #7

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
No it is not yet too late to buy bitcoin. Everyday is a new day for great opportunities for everyone of us. So if you want to buy bitcoin, you still have a chance or chances to buy one or more. Bitcoin is changing its price value from time to time so that great opportunities atr present to everyone.
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July 06, 2017, 01:13:31 PM
 #8

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
I think now is good time to buy however, just put to your mind that hold it for long term because the bitcoin is just for long term investment if you want to have a big profit because the bitcoin is supply and demand basis so I think maybe hold it for a year or decade and the price of it will multiply.

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July 06, 2017, 01:32:43 PM
 #9

Bitcoin is going $100,000+ in the next 20yrs. Do you think its too late? NO! Start investing in Bitcoin and other crypto currency. In the next few years we will become the future millionaires!
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July 06, 2017, 01:34:53 PM
 #10

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.

The funny thing is, after bitcoin price breakouts people always ask if it's too late to buy bitcoins. And guess what? The answer is always NO. Bitcoin is still very young, and has alot of room for improvement. Expect nothing but price rises for years (unless something bad happens).

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July 06, 2017, 01:43:14 PM
 #11

there is no too late when it comes to opportunity. maybe we have different timelines in life. it doesn't mean that when others are already in to it you are already late. i don't believe that i'am late in bitcoin industry today. i may be late in hearing this btc as an opportunity but it is not too late to take an action and start now

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July 06, 2017, 01:44:43 PM
 #12

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.

No its most definately not!

People thought that bitcoin as going to crash or at least not rise in value a few years ago. We can clearly see that that is not the case. There will always be supply and demand. Since August 1 is coming up, it should not pose a real problem to the blockchain network. If I recall correctly, the hard fork that can be the outcome of August 1 will not be a big problem as the old blockchain can still update itself once it realises that it as become outdated (I think, not 100% sure). Then, the network should remain the same as now.

Bitcoin will continue to grow in popularity and also value. This can be seen through the adoption of Bitcoin by various large companies such as Amazon, Microsoft and more. They would not invest in such said technology and moreover would not allow you to pay with Bitcoins if they did not believe that bitcoin would grow.

I think its safe to say that bitcoin investment is a sure thing to invest in.
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July 06, 2017, 01:46:20 PM
 #13


People believe that in five years the price of Bitcoin will be $50,000 each. I believe that number to be conservative. Do you think that is too late to buy now?

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July 06, 2017, 01:48:08 PM
 #14

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
There is no word late in bitcoin, because I think the bitcoin price will be higher.
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July 06, 2017, 01:48:17 PM
 #15

1st august meeting  Roll Eyes if you are talking about segwit2x activation on early august than I don't think there will be price dump on activation because chance of hardfork is quite low.

Its always right time to get into bitcoin boom.
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July 06, 2017, 01:49:14 PM
 #16

Well you are too late in buying bitcoins if you're catching the lowest price of bitcoin. Because bitcoin at 2011 is $4 and when you bought at least 10 bitcoins wow you're a millionaire. But wait for bitcoin to fall at $500 in August 1. Not to fud but, I heard so many articles regarding the split that makes btc low.
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July 06, 2017, 01:50:29 PM
 #17

there is no too late when it comes to opportunity. maybe we have different timelines in life. it doesn't mean that when others are already in to it you are already late. i don't believe that i'am late in bitcoin industry today. i may be late in hearing this btc as an opportunity but it is not too late to take an action and start now

It's never too late for buying bitcoins if you can spent some money on it. Did I say some money, that is a mistake just a year ago with 3000$ someone could buy 5 or more bitcoins, now for 5 bitcoins you need around 13000$. Bitcoin become very expensive, and we all hope that price can increase on 5 or 10 thousands of dollars for one bitcoin, then hell yea this is a great moment for buying, cause just in a few years you can pick up profit minimum 3 times bigger, and that is for couple years, looks like the more you hold, more you worth over the time, just if you have patience for waiting, and other sources of income for life outside bitcoin world.



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July 06, 2017, 01:50:59 PM
 #18

Keep the charm of having bitcoin anytime until it doesn't hit the base price of $10k plus! Do you know bitcoin is still in its development stage and many holes in the blockchain technology exists due to insufficient information technology involvement. Just imagine regardless of this the price of bitcoin has achieved remarkable goal of 2500 plus dollars now then what it would be when it complete those holes in the blockchain. So go ahead it's never too late for big opportunities with bitcoin.
SidETH
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July 06, 2017, 01:51:11 PM
 #19

It's not about buying too late, it's about selling too early.
Buy and hold. Longterm. 10+ years.
Noore Najjar
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July 06, 2017, 01:54:43 PM
 #20

no its not late , the dump is always happen at anytime i suggest you buy at 2200-2400 and sell it abov 2500 its good little profit i think also if you hold little more probably its also good long term who know if bitcoin capped at 4000 next year ? lets be positive , and start investing on low amount i guess

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