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Author Topic: Is it too late to buy bitcoin?  (Read 126655 times)
bohr
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August 27, 2017, 03:05:59 AM
 #1501

No, it's never too late to buy or get into bitcoin because it is still in the process of getting known. Only a small percentage of people are aware of what bitcoin is and a small percentage of that value bitcoin and are actually interested in getting or investing bitcoin because they see the potential in it, they see that it can do so much more and that through time it will be valued and be seen as good as cash.

I could argue that right now it's a bit too late to buy bitcoin. But it all depends on what you want out of it and what plans you have for the future are.
It depends, if you think the price is going to keep stable for some time then it may be late to profit from this last rise in the price but since bitcoin is going to keep growing then we cannot say it is too late, the only issue is that the price of bitcoin is getting really high and if things do not change then we are going to get less and less bitcoin for our hard earned fiat which should tell to us to put money in bitcoin as soon as we can.
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August 27, 2017, 04:57:44 AM
 #1502

People say that it is too late to buy bitcoin because they are focusing on the past price of it. That's why they cant see the future price of bitcoin after a few years. And others said that it is not too late because they look at the future price of the bitcoin..so if you guys thinking the possible price of bitcoin in the future i am sure you can say that yes it is not too late..but if you are still focusing on the past price of it you say its a late to buy. And for me i am focusing on the future value of bitcoin. So i can say that it is not too late to buy. Imagine if today the price is 1000$ and after 5 years it will become 100000$ so its a big difference.. just lookforward for the possible thing that would be happen on bitcoin on the future.

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August 27, 2017, 05:11:24 AM
 #1503

You are not too late
Now is the perfect time to buy bitcoin and keep it for a long period of time. Now bitcoin is becoming known by the public, and that will lead to a rise in bitcoin prices, let's look at the next few years compare bitcoin prices with bitcoin prices next year Wink
so you are very fortunate, for knowing bitcoin earlier than those who do not know bitcoin at all Grin

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August 27, 2017, 06:21:43 PM
 #1504

bitcoin price is expensive now BUT you dont need to buy a whole bitcoin. Buy a fraction of btc first or what you can afford then buy when the price dips.
Possible soft fork in November perhaps?
This is one issue with some people, it seems some people are uninformed and think they can only buy a full bitcoin similar to what happens with an ounce of gold but bitcoin can be fragmented many times over and you can buy as much as you can afford, the only problem with that is that the less bitcoin you have the lesser the benefits when the price goes up.
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August 27, 2017, 09:29:53 PM
 #1505

You still have time to join bitcoin, and be part of the elite that will have sucess in the short medium period, sure bitcoin price is high but you need to consider its potencial, i did miss the 300 dollars, 1000 dollars and even the 2000 dollars, but never is late to try anything, as long you know the risk associated to each investment.
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August 27, 2017, 11:11:14 PM
 #1506

No, it's never too late to buy or get into bitcoin because it is still in the process of getting known. Only a small percentage of people are aware of what bitcoin is and a small percentage of that value bitcoin and are actually interested in getting or investing bitcoin because they see the potential in it, they see that it can do so much more and that through time it will be valued and be seen as good as cash.

I could argue that right now it's a bit too late to buy bitcoin. But it all depends on what you want out of it and what plans you have for the future are.
It depends, if you think the price is going to keep stable for some time then it may be late to profit from this last rise in the price but since bitcoin is going to keep growing then we cannot say it is too late, the only issue is that the price of bitcoin is getting really high and if things do not change then we are going to get less and less bitcoin for our hard earned fiat which should tell to us to put money in bitcoin as soon as we can.
yes everyone has their own choice. to me i think it is still the right time to invest your money in bitcoin, because still bitcoin has a very good potential and its price can increase more and more. i think you need to be hurry if you are interested to invest your money in bitcoin.
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August 27, 2017, 11:33:58 PM
 #1507

bitcoin price is expensive now BUT you dont need to buy a whole bitcoin. Buy a fraction of btc first or what you can afford then buy when the price dips.
Possible soft fork in November perhaps?
This is one issue with some people, it seems some people are uninformed and think they can only buy a full bitcoin similar to what happens with an ounce of gold but bitcoin can be fragmented many times over and you can buy as much as you can afford, the only problem with that is that the less bitcoin you have the lesser the benefits when the price goes up.

i feel you dude, but how about those people who cant afford to buy a huge amount of bitcoin? yes maybe in your own definition that those who bought a lesser/little amount of bitcoin and they got a lesser/little amount of profit, i think they happy on that just the way they do because they cant afford to have more. so the mainstream is its too late for those people who cant afford to buy a huge amount of bitcoin because of it huge value and it isnt too for those rich and can do afford to buy a bunch of it.
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August 27, 2017, 11:42:42 PM
 #1508

No, it's never too late to buy or get into bitcoin because it is still in the process of getting known. Only a small percentage of people are aware of what bitcoin is and a small percentage of that value bitcoin and are actually interested in getting or investing bitcoin because they see the potential in it, they see that it can do so much more and that through time it will be valued and be seen as good as cash.

I could argue that right now it's a bit too late to buy bitcoin. But it all depends on what you want out of it and what plans you have for the future are.
It depends, if you think the price is going to keep stable for some time then it may be late to profit from this last rise in the price but since bitcoin is going to keep growing then we cannot say it is too late, the only issue is that the price of bitcoin is getting really high and if things do not change then we are going to get less and less bitcoin for our hard earned fiat which should tell to us to put money in bitcoin as soon as we can.
I think for the long term the future bitcoin prices will continue to grow up. maybe you would think that the current price is very high and you think that this time is late. But you're wrong the price in the future will be much higher than today
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August 27, 2017, 11:45:26 PM
 #1509

You still have time to join bitcoin, and be part of the elite that will have sucess in the short medium period, sure bitcoin price is high but you need to consider its potencial, i did miss the 300 dollars, 1000 dollars and even the 2000 dollars, but never is late to try anything, as long you know the risk associated to each investment.
Yeah, it still a nice time to invest in to bitcoin because the price still not that big and a lot of other altcoins have also been that cheap for a long period and maybe it's better to invest in to altcoins then to bitcoin because the fees are high right now for bitcoin and a lot of new cryptocurrencies allows as to use cheaper transactions or even 0 for nubmers of payments and it's really usefull for small ammount of transactions


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DoublerHunter
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August 28, 2017, 01:57:38 AM
 #1510

You still have time to join bitcoin, and be part of the elite that will have sucess in the short medium period, sure bitcoin price is high but you need to consider its potencial, i did miss the 300 dollars, 1000 dollars and even the 2000 dollars, but never is late to try anything, as long you know the risk associated to each investment.
Yeah, it still a nice time to invest in to bitcoin because the price still not that big and a lot of other altcoins have also been that cheap for a long period and maybe it's better to invest in to altcoins then to bitcoin because the fees are high right now for bitcoin and a lot of new cryptocurrencies allows as to use cheaper transactions or even 0 for nubmers of payments and it's really usefull for small ammount of transactions
It is better to invest in bitcoin and trade it into altcoins so you can get a chance to become rich fast and trading is better than investing for me because in trading you can multiply your money within a short time period while in investing it will consume a lot of time before you see any progress so i think it is not too late to buy bitcoin as long as you will use it to trade.
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August 28, 2017, 02:04:35 AM
 #1511

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.
Ofcourse it's not yet late to buy Bitcoin. Bitcoin's value still continues to grow from time to time. It's your choice if you'll wait for backdrops before buying Bitcoin, because you may buy at this moment and will still make profit out of it because as I've said, it is continuously increasing, so whether you'll buy at this moment or not, you'll surely gain profit.
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August 28, 2017, 02:24:12 AM
 #1512

You still have time to join bitcoin, and be part of the elite that will have sucess in the short medium period, sure bitcoin price is high but you need to consider its potencial, i did miss the 300 dollars, 1000 dollars and even the 2000 dollars, but never is late to try anything, as long you know the risk associated to each investment.
Yeah, it still a nice time to invest in to bitcoin because the price still not that big and a lot of other altcoins have also been that cheap for a long period and maybe it's better to invest in to altcoins then to bitcoin because the fees are high right now for bitcoin and a lot of new cryptocurrencies allows as to use cheaper transactions or even 0 for nubmers of payments and it's really usefull for small ammount of transactions

My advice would be to invest in Bitcoin rather than any of the altcoins. The altcoin market cap does not correspond to their user base, hash rate or adoption levels. The only altcoin which I'd recommend is Bitcoin Cash.

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August 28, 2017, 03:52:49 AM
 #1513

I guess its not too late to buy bitcoin..i want to take a risk for bitcoin..even businessman they choose to invest it because they probably believe that they can still generate a big amount from bitcoin.
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August 28, 2017, 04:37:25 AM
 #1514

It is never late to invest in Bitcoin. The reason being its deflationary property. Since the supply is limited to 21 million from which 16 million have already been mined. Users are only in some millions which comprise of just 1% of world's population. There is a huge market left. Hence, the demand will increase exponentially in not more than 2-3 years. Price will keep on accelerating. Thus, whenever you will invest, returns are always high.
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August 28, 2017, 04:41:05 AM
 #1515

It's never too late to buy bitcoin. However, since the price surge, your upside is much more limited. It is less likely to experience the same growth in the short term. But if you are investing long term then it doesn't really matter when you buy. Only invest play money and nothing you can't afford to lose.
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August 28, 2017, 09:07:15 PM
 #1516

You are not too late
Now is the perfect time to buy bitcoin and keep it for a long period of time. Now bitcoin is becoming known by the public, and that will lead to a rise in bitcoin prices, let's look at the next few years compare bitcoin prices with bitcoin prices next year Wink
so you are very fortunate, for knowing bitcoin earlier than those who do not know bitcoin at all Grin
Don't give the guy false hopes. Let him face the fact that he is late and if he has a little brain cells, he himself can conclude it. But it is said, better late than never. I won't say it is the perfect time but it is the time to start earning bitcoins because life is always about now or never. Choice is yours!
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August 28, 2017, 09:23:07 PM
Last edit: August 31, 2017, 08:49:00 AM by Razick
 #1517

You are not too late
Now is the perfect time to buy bitcoin and keep it for a long period of time. Now bitcoin is becoming known by the public, and that will lead to a rise in bitcoin prices, let's look at the next few years compare bitcoin prices with bitcoin prices next year Wink
so you are very fortunate, for knowing bitcoin earlier than those who do not know bitcoin at all Grin
Don't give the guy false hopes. Let him face the fact that he is late and if he has a little brain cells, he himself can conclude it. But it is said, better late than never. I won't say it is the perfect time but it is the time to start earning bitcoins because life is always about now or never. Choice is yours!

I don't understand what you are getting at. Why is this guy dumb or have little brain cells because he didn't invest in Bitcoin before? Lots of people heard of Bitcoin before and chose not to invest... no one is a psychic and knows the future, only hindsight is 20/20!

I do agree that buying Bitcoin anytime is the right idea. Even though the price is rising exponentially right now, it will be higher ina  few years. Just give it time and you will definitely profit.

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August 28, 2017, 09:39:38 PM
 #1518

Accessible market for Crypto is estimated at 2 trillion dollars (you can check the source of this >100page report on internet), if so, given today's 150B USD market cap, there can be still a 10x development in coming 5~10 year when cryptos hits the main stream.

No it's not too late, but certainly you are taking higher risk and lower return than early adopters.

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August 30, 2017, 01:58:38 AM
 #1519

Accessible market for Crypto is estimated at 2 trillion dollars (you can check the source of this >100page report on internet), if so, given today's 150B USD market cap, there can be still a 10x development in coming 5~10 year when cryptos hits the main stream.

No it's not too late, but certainly you are taking higher risk and lower return than early adopters.
I saw that article as well but I did not knew it was a 100 page report, anyway bitcoin still has a lot of room to grow but at the same time is a risk, bitcoin is as high as it has ever been and hat is never a good moment to buy if I had some money in hand I would wait and see if the news of the next hard fork in November makes the price go lower, and if that is not enough then I think it could be a good idea to invest in alts instead.
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August 30, 2017, 02:03:16 AM
 #1520

It's never too late to buy bitcoin. However, since the price surge, your upside is much more limited. It is less likely to experience the same growth in the short term. But if you are investing long term then it doesn't really matter when you buy. Only invest play money and nothing you can't afford to lose.
Yep. It is never too late to buy bitcoin and holding them but you should choose right time to buy or sell it maybe right after you bought its price go down very quickly and maybe It will make you nervous a little bit but don't worry It will be back soon Smiley) It was always happened to me at the first month I started trading but it is better now Cheesy. Remember to make a research about the market before you make a decision to buy or sell it Wink
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