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Author Topic: Have I joined at the wrong time?  (Read 49285 times)
kr105
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January 05, 2019, 09:51:41 PM
 #1241

Well, many people missed the train in 2017. That’s a fact. But on the other hand, crypto market is always promising and there will be more chances in future. So, there is no such thing as being late.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 05, 2019, 09:55:39 PM
 #1242

last november would have been bad timing to jump in.
It would be depressing to buy btc at around $6000 and then a month later see it drop to the 3000s.

But, in the long run, ever since last july, it has been a great time to join in.
And especially now, it is a good time.
I personally had a buy in price at $2500, but I went ahead and bought up when btc hit $3200.

There is no way that last years crash was the final death for crypto.
You can expect one, maybe even two more full on crazy bull runs before it finally really crashes and stabilizes.
If you are willing to be patient, making 15 to 20x profit by hodling for a few years is very much worth it.
Just have to be smart and patient.

oly4life
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January 06, 2019, 06:30:28 AM
 #1243

There is never a wrong time to join as far as crypto is concerned. When you wake in Crypto is your morning and you start digging from there. When I joined crypto was thinking I did late but as I go in deep, realised that it was a perfect time afterall
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January 06, 2019, 07:04:27 AM
 #1244

Many people joined the cryptocurrency at the time when Bitcoin was worth $ 20,000. This time I consider very unfortunate to join.
Correct, a lot of people have joined this market when bitcoin is priced at $ 15000-20000, they are really unlucky to participate in the wrong time. And they say this market is a big scam, and now it may be time for them to reinvest if they still want to make money from this market.

Kemangi
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January 06, 2019, 07:22:38 AM
 #1245

I do not think so. Every time is the best for any job, because if you wait for a good time then you might lose the previous opportunity to enter. so now is the right time for you to join.
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January 06, 2019, 08:17:08 AM
 #1246

I do not think so. Every time is the best for any job, because if you wait for a good time then you might lose the previous opportunity to enter. so now is the right time for you to join.
Now is the "wrong time" everywhere. But 1 btc = 1 btc. And we hope that at least one percent of stock money during the recession will turn into cryptoactive assets.
“We’ve got more than 80 percent chance of recession just based on the fact the Fed is tightening policy,”
https://www.ccn.com/us-economy-is-complete-facade-says-economist-who-claims-recession-is-near/

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January 06, 2019, 08:40:13 AM
 #1247

2017 was a new world of making easy money. You could do no wrong, no bad moves, everyone was a winner.
Now the situation has changed dramatically.
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January 06, 2019, 09:15:59 AM
 #1248


I am newbie and some of my friends who are already into crypto market say I am late. This isn't the time to start investments and I must refrain and just research for later.

Do you think the same? Is it really not the time to invest as a beginner?
Perhaps my answer comes a bit late, and certainly others may have said it already. Still, it would make sense for me to repeat it, as it is crucial.

There is no way you can be late investing into crypto. People who say that are more often than not, people looking for get rich quick scheme, and therefore focus only on the speculative aspect of altcoins/bitcoin. Truth is, people should invest into crypto not (only) for short term profits but more importantly, because they understand the liberating power for the people that comes with it. Crypto and to be more general Blockchain, has the potential to further the human battle for freedom transparency and equality. Crypto is just like the internet many decades ago: it can make the world more connected, more transparent, and to an extent more equal.

This, along with the potential profitability, should be that main reason(s) why people invest in crypto. And in that case, it is absolutely not late. I would rather say it is quite early.

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Mikell556
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January 06, 2019, 09:39:42 AM
 #1249

Many people joined the cryptocurrency at the time when Bitcoin was worth $ 20,000. This time I consider very unfortunate to join.

You amused me. Indeed, it was true that many people entered the crypto market at the peak of the value of coins. Therefore, in comparison with them, now is a very good time to enter the crypto market.
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January 06, 2019, 12:29:34 PM
 #1250

I think if you came to buy assets for a long-term, then you have come to a good time since we are at the very bottom and only growth is waiting for us. Growth is only a matter of time.

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lionelgolden
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January 06, 2019, 03:10:42 PM
 #1251

I think if you came to buy assets for a long-term, then you have come to a good time since we are at the very bottom and only growth is waiting for us. Growth is only a matter of time.
Exactly. It is all a matter of perspective.
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January 06, 2019, 03:27:04 PM
 #1252

Timing is relative when it comes to your cryptocurrency success. I dare say timing is irrelevant as what you get is what you made out of your cryptocurrency activities. Be diligent and learn from every of your experience and you will be good.
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January 06, 2019, 03:33:07 PM
 #1253

The great thing is that you are here today and you will continue to work in this area, because it is such opportunities that can really bring real contributions. Try to invest but not with your eyes closed.
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January 06, 2019, 03:33:26 PM
 #1254

I don't think there any time too late to join cryptocurrency because cryptocurrency has stand the test of time and I believe it is here to stay and as such anytime one join will still make profit from it so far you make good decision before investing.
bitcon
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January 06, 2019, 03:46:50 PM
 #1255

I do not think so. Every time is the best for any job, because if you wait for a good time then you might lose the previous opportunity to enter. so now is the right time for you to join.
Now is the "wrong time" everywhere. But 1 btc = 1 btc. And we hope that at least one percent of stock money during the recession will turn into cryptoactive assets.
“We’ve got more than 80 percent chance of recession just based on the fact the Fed is tightening policy,”
https://www.ccn.com/us-economy-is-complete-facade-says-economist-who-claims-recession-is-near/

This time gives you a great chance to save much money. Invest in the cryptocurrencies, when they are very cheap. Further, when altcoins will start growing, you can sell your tokens with a great profit.
allmight_
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January 06, 2019, 03:51:07 PM
 #1256

2017 was a new world of making easy money. You could do no wrong, no bad moves, everyone was a winner.
Now the situation has changed dramatically.
The situation has not changed, just in the fall of 2017 crypto began to behave outside the box, no matter HYIP or other reasons. If we do not take into account the time in 2017 when there was a bullish market, now everything is normal.
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January 06, 2019, 04:14:29 PM
 #1257

I don't think there any time too late to join cryptocurrency because cryptocurrency has stand the test of time and I believe it is here to stay and as such anytime one join will still make profit from it so far you make good decision before investing.
Of course there are not the most favorable moments for the purchase of cryptocurrency, but in General, almost always possible to make a profit, not the fact that the same as when buying at the right time, but still better than nothing

Babbylily1112
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January 06, 2019, 06:49:02 PM
 #1258

I don't believe to have joined Crypto at the wrong time, might not have joined early enough but there is a lot of opportunity in Crypto and I want to maximise it. Infact am thinking that I have joined at the best time cos with little money I can purchase enough good coins

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dosSantos
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January 06, 2019, 07:46:27 PM
 #1259

Those people who entered the cryptocurrency at the end of 2017 really did very foolishly. But I hope that these people will have a chance to make money in this market.

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January 06, 2019, 08:12:23 PM
 #1260

Those people who entered the cryptocurrency at the end of 2017 really did very foolishly. But I hope that these people will have a chance to make money in this market.
in fact, there are quite a lot of such people and one has to wait for a long time to not only restore the indicators of 2017, but also their arrival. Otherwise, people who invested at that time will not even be able to return the money spent.
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