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Author Topic: Is it too late to buy bitcoin?  (Read 126658 times)
izanagi narukami
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July 06, 2017, 04:24:42 PM
 #41

Maybe you can wait for 1 Aug when people may do some panic sell and on that time you can start buy bitcoin and hold it over 5 years to see your bitcoin grow exponentially.
Bitcoin is unique investation , like no others investation can be like it !

Smiley
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July 06, 2017, 04:26:48 PM
 #42

Bitcoin will be growing and growing in time
So now it's not too late to buy,bitcoin is a long investment,so it may take years to make profit from now
Just don't do panic selling if bitcoin seems fall,just hold it till it rise to the moon
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July 06, 2017, 04:34:03 PM
 #43

With the current market saturation, I do not think that it is late to buy bitcoins.  The market is still unsaturated, there are lots of places that does not know bitcoin and do not have an idea that bitcoin ever exist.  Aside from that government acceptance is just starting so I guess once the market is saturated, what you invest today will yield a very good profit with Bitcoins one day.

That is a good outcome referring on what can you get in holding and investing with bitcoin however not all can certainly get a good outcome and there are people that are still holding their bitcoin while the price drops and sometimes getting a little too late in converting their bitcoin in time, but yes it is indeed not too late to invest in it and earn so much with it because yes it is not matured yet and bitcoin still has a big potential so getting into it is not yet too late.
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July 06, 2017, 04:34:37 PM
 #44

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.

Back to $300 price, other said that is it too late to take a ride? And now look at what happened. Same goes when the price hits $500, $700 and so on. Because of hesitation and waiting too much for the price dip, they fail to take a ride and now waiting again.

If you really want to take the risk then just challenged it. The possible scenario to happen after August 1 have just 2 landing points; your bought coins today will be more valuable or your bought coins today might give you a lose. It's no different without that August 1 issue since everytime you bought bitcoin, it may be turned up or down after. Believe me, no one here can told you here the exact thing to do. Analyze by yourself and decide.

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July 06, 2017, 04:35:51 PM
 #45

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 asked the same question when the price was at 800$ /BTC and this community cinvinced me that is ever a good moment to buy bitcoins

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xskl0
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July 06, 2017, 04:38:03 PM
 #46

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
You have no idea about what you are talking about. 4$ for a bitcoin was expensive too these days

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July 06, 2017, 04:38:24 PM
 #47

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.

People have been saying "it is too late" since 2010.  Timing bitcoin price changes is nearly impossible.  Every time, from $0.10 to $1 to $10 to $30 to $100 to $500 to $1000 to $1500 to $2500 has been "too late" and a "bubble" and "tulips" to someone, somewhere.  Each time we heard, it won't go higher.  "$1000 is a pipe dream" etc.
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July 06, 2017, 04:45:30 PM
 #48

It's not too late to buy bitcoin now, and you just need a little patience to buy in low price. As long as bitcoin have huge community bitcoin will grow naturally. However you have to manage your fund before invest some money to bitcoin. Bitcoin will be the first digital assets in the future
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July 06, 2017, 04:46:32 PM
 #49

It is not too late but there is a right time where you can maximize your capital. Right now if you buy Bitcoin at this current price you will be left with a little to none margin of safety in which you need to protect your own money. So if I were you the right time to buy Bitcoin is when it is price below at least less than 30% of its current high. By adding 30% as your margin of safety you  can actually grow back and profit from it when it rises back to a normal price.

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July 06, 2017, 04:54:13 PM
 #50

Maybe it is late to buy bitcoin for a low price and get a profit like x10 and x100. But it is not to late to buy it, if you wish to receive some small proits. Bitcoin is quiet stable and incresing always, not so fast as previously, but still Smiley
Maybe yes. Because bitcoin increase so very high now. It has a high price now. Just be wise . Wait until it decreases and people will do panic seliing and then they will sell it to you with a rush value my friend.

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July 06, 2017, 04:55:20 PM
 #51

No way is it too late to buy Bitcoin. It has only just begun! We will look back and think "wow, if only I could have bought when it was $2,500, I would be a millionaire". Wink
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July 06, 2017, 04:59:16 PM
 #52

Bitcoin is not late to buy, there are lots more people who does not know about Bitcoin and in time to come there will be more demands of Bitcoin in the crypto-currencies marketing system.
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July 06, 2017, 05:03:39 PM
 #53

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.

So if I would've bought 10 bitcoins, I would've been a millionaire? The current bitcoin price is ~$2600. 10*2600 = $26,000. So you would've had 26k by now... That's far from being a millionaire...
To become a millionaire, you would've had to buy 385 Bitcoins.

And when Bitcoin rises, there are always these "Doomsday articles", which emphasize the possible risks of investing in Bitcoin. To be honest, I think you could read them, but really do not take them too seriously.
There have always been, are always and will always be articles about the doom of Bitcoin.
Just... Don't be too much of a panic believer please?

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Anyways, I believe it's not too late. Just use Bitcoin as a regular payment method and that would already help it grow Smiley

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July 06, 2017, 05:09:48 PM
 #54

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.

Ok we may argue that it is late to buy Bitcoin but is it late to invest in other cryptocurrencies? Obviously not!
Start putting some bucks in BTC, invest your BTC in some promising coins (you may follow some group advice if it seems difficult to you) and enjoy double profits overtime.
Grow your money with BTC as well as other coins raise.
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July 06, 2017, 05:10:56 PM
 #55

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
Owning 100 BTC doesn't makes you millionaire yet!
op no one knows what'll happen to price on/before/after august 1st, but over long-term holding you'll make profit. buy now or later it's up to you! if i had money i would buy at current price without a doubt.
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July 06, 2017, 05:35:54 PM
 #56

No way is it too late to buy Bitcoin. It has only just begun! We will look back and think "wow, if only I could have bought when it was $2,500, I would be a millionaire". Wink

Yes, bitcoin has just begun and ahead of it there is a huge price increase that will make many millionaires. Of course those who joined immediately, they have already become very rich.

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July 06, 2017, 05:53:05 PM
 #57

It would be way later if you buy bitcoin in the next 5 years because by that time, the price most likely is more than $5K. The bitcoin you have today that just worth $50 is more than what it will be. And who knows how much the price will be after 10 years.

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July 06, 2017, 06:16:16 PM
 #58

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.
agree with your opinion sir. Bitcoin will continue to grow! And in my opinion though the bitcoin suplly has run out, bitcoin will find its own rotation cycle. Like real money that will not run out even though the amount is limited.
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July 06, 2017, 06:20:36 PM
 #59

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.
agree with your opinion sir. Bitcoin will continue to grow! And in my opinion though the bitcoin suplly has run out, bitcoin will find its own rotation cycle. Like real money that will not run out even though the amount is limited.
Bitcoin will still be able to provide all of its needs at a possible drop in prices. The fact is that today the price is really rising and it seems to me that buying Bitcoin today is a little impractical. There will be a moment when the price will fluctuate and even then it will be possible to make a small purchase before the next bar ahead.
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July 06, 2017, 06:36:51 PM
 #60

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, the price of bitcoin won't decline after scaling upgrade will be done correctly, on the contrary, we should have a huge boost of utility of BTC and therefore the price will go up.
Bitcoin holders who are unsure of what to expect are selling their coins now to wait moment of the upgrade out - so right now is actually the best moment to by bitcoin.
If you wait for the situation to stabilise you will lose this precious opportunity. Don't wait too long.


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