Glad to be part of BTC Talk I hope I am not late to the party

[Saucyhead]

Hello,
Just came accross BTC a few months ago and to tell you the truth I am still learning there is so much to learn.
The things I do know its not worth what it was worth when it was cents lol man what some interesting times, I didnt even know this existed at that time !!
How do you guys find out about things like these ?

Anyways did some research and found out that you can do three things with bitcoin to pretty much make money.

1st BuyNhold (Will take you years before you even get rich and thats if you put millions into BTC which I dont have) the low low prices are over, which now you require massive capital

2nd Minning which same thing it is now super complicated to mine just 1 bitcoin its not even worth to mine depending the country you live in due to electricity and hassle

3rd Day trade bitcoin (You wont get rich but still make a few bucks a day if your glued to the computer for a few hours out of your day) still same thing very boring leaving you with earning pennies


Where I am going is what is next for bitcoin ? How can one still make money if you can make any with it ?

What are your guys thoughts ? I hope you see my point of view, I know we will all disagree but I am sure there will be those that agree with me.



(In business or new boom you can be

1. Adopter (Risky but can be very very rewarding just like those who invested when it was worth pennies or those you created the cases and sold CPUs and all those things to the gold rushers, and the ones who created the cryptocurrency exchanges

2. The ones who get in after the adopters, they see it worked and are still not late to the party. They get in they make their money then get out

3. The late ones, the ones who hear it through the mainstream media. When this happens it is usually not ever worth it anymore not saying you wont make money but you will work 4-5 times harder than the 2nd person leaving you earning pennies (Saturated)

[1714166386]

1714166386

[1714166386]

1714166386

[1714166386]

1714166386

[NotATether]

Welcome to the forum.

3. The late ones, the ones who hear it through the mainstream media. When this happens it is usually not ever worth it anymore not saying you wont make money but you will work 4-5 times harder than the 2nd person leaving you earning pennies (Saturated)

It's never too late to get bitcoin, you can always get a job and negotiate to get paid in bitcoin, or just buy as much bitcoin as the people who came here ~3 years before you, with cash. It all comes down to the fact that currency or any kind of money, not just cryptocurrencies, cannot be collected for free. There are no places that reward you with lots of free USD for doing easy work. You must work to get it, and by that I mean skilled work that requires high talent, since there are fewer people around who have such skills.

Learn a skill, and use it to earn bitcoin.

[supine]

-Snip

I also agree with you there is no such thing as late to Bitcoin not unless you are aiming for the lowest price like OP have mention back when it was just worth a penny.
But it could never be back to that price again so we should just move on and for those who still wants to be part of crypto there is no such thing as late investor's,
Maybe wrong timing in investment but you would never be late because the price always fluctuates so it could always go up or down so we could get it at a lower price.

[CaVO32]

-Snip

I also agree with you there is no such thing as late to Bitcoin not unless you are aiming for the lowest price like OP have mention back when it was just worth a penny.
But it could never be back to that price again so we should just move on and for those who still wants to be part of crypto there is no such thing as late investor's,
Maybe wrong timing in investment but you would never be late because the price always fluctuates so it could always go up or down so we could get it at a lower price.

yes, joining the bitcoin community is not in anyway considered too late. everyone is welcome anytime and the more we are here, the better for crypto community in general. but yes, you should not regret of the time that the btc was still a penny and you were not there as we will never see that price again in my opinion. just move forward and plan your future in this amazing community. you still have a lot to learn and i assure you, you will not regret of joining this forum as the knowledge here is so vast, you will be overwhelmed how crypto evolved thru these years.

[Sadlife]

Welcome aboard this is probably the perfect time to join as you can see the price is still cheap. I suggest to stack up some Bitcoins through long term holding in my opinion it is the safest and guaranteed way to make money. As i have experience myself benefiting from it during the bullrun.
It's up to you to try other methods mentioned but those are much more risky and costly.

[maxreish]

Welcome to the bitcoin enthusiasts club here in btt forum. Since you are already staying here for months, I bet you already proved how great and essential bitcoin into our lives. You stated above on how to earn and make money through bitcoin.
 
 

• You do not need massive capital to buy and hold. And i think you misinterpret the meaning of buy/hold. There are two types. (Long term and Short term Hold)
• And yeah, mining is a bit complicated and not actually profitable nowadays.
• Day Trading, not advisable for newbies and will advice to do some long term trading instead of day trading which needs a full attention and consecutively monitoring about technical analysis, charts.

 And you forgot that we can also earn and make money by gambling, airdropping, crypto freelancing, signature campaigns and many more here in crypto industry.
 Just explore, learn and incorporate.

[qory]

Glad when seeing bitcoin keep stable on higher price and always give most surprise going on to higher price, but we got bad information suddenly when bitcoin have track to good place and should down after getting bad news, I think many people have much assets try how to make drama with bitcoin and altcoin.

[KonstantinosM]

It's never too late. Some members have only been on this forum for 1 or 2 years and are at the very top with over 1k merits, and tons of quality posts.


Also bitcoin is not about making money, it's more about having a money that you can trust. The government can't print it or freeze it or steal it from you.

And please don't day trade if you don't have experience. Something like 95% of people lose money. Hodling is much less risky but you still have to come to terms that bitcoin could lose a lot of value. 10k today maybe 2k in 5 months and 20k in a year. If you put 10k today and watch it turn to 2k my guess is you won't be very happy, then maybe you get sick and you sell out, and 2 years from now it goes to 20k.

Just don't view this as a get rich quick scheme but as the technology that will free us all from this corrupt disgusting old system of money that is owned by the already rich and well place people in our disgustingly unfair society.

Edit: mispelling too as to

[Reatim]

Welcome to the Bitcointalk.org community mate and hope you'll find the place generous and helpful.

About owning or investing Bitcoin?here is the one i learned and very good strategy.

Instead of Buying bitcoin in bulk,why not just get small amount each week,maybe 10-20 worth of Bitcoin each week?or if you can afford higher just do,so the safer you get while investing since you are newbie here and has no big knowledge at all

Hope you'll find Good here in Forum as what we all did.

[meanwords]

The thing here is that, you are never too late. You can always buy Bitcoin and hold it if you want to get the profit that you want.

1st BuyNhold (Will take you years before you even get rich and thats if you put millions into BTC which I dont have) the low low prices are over, which now you require massive capital

You don't need to buy the whole Bitcoin, you can buy in fractions which is convenient if you currently don't have to capital to invest in a whole Bitcoin.

If you are not confident trading Bitcoin to get more, then you should present your skills to the community here. You can find different services there and you might have the skills that the people would want.

If you don't want to do that, then just convert a portion of your money you get from jobs outside crypto.

You are not late man. There are still profits to be made.

[coiner-88]

It's good that you've joined us. I think it's not too late. It's good that you know about Bitcoin. The more you know, the less likely you are to lose money. Many people want to make money online without knowing anything. You need to know because there is no end to knowing. You can learn as much as you want day by day. So learn first with patience and then earn.

[arwin100]

Yes you can earn money with this but it depends on how you execute things, You need to have an analytical thing or whatever things that can help you out.

Anyways did some research and found out that you can do three things with bitcoin to pretty much make money.
1st BuyNhold (Will take you years before you even get rich and thats if you put millions into BTC which I dont have) the low low prices are over, which now you require massive capital

And don't just hold on what you buy since there are so many scam coins listed on various exchange and even if you buy bitcoin still you need to act smart to earn since bitcoin is not free from loss, we might gonna break our capital if we are confident to much for a huge pump coming in next following months but suddenly a dump came. So the best to put in your mind right now is to sell when profit is already showing so that we will not miss the pump and earn.

2nd Minning which same thing it is now super complicated to mine just 1 bitcoin its not even worth to mine depending the country you live in due to electricity and hassle

Not worth I agree with that but try to invest on it if you have money to spend on mining since if you buy those quality rigs for sure you will still possibly earn from mining.


 

[sheenshane]

There are a lot of ways to gain or earn Bitcoin aside from the three that the OP mentioned which couldn't be possibly made by him or anyone else if ever, then you can even use your service to anyone and ask Bitcoins for payment through posting on this board, Services for sure you'll be profitable in this manner.

Though you came in late in on this Bitcoin forum community, but it wouldn't be a reason for you to prosper in the crypto world for there are lots of opportunities that you probably encounter and all you need to do is be mindful and have an eye on it back when the price of Bitcoin was low as it was before may not be possible anymore just try to be more strategic and learn the basic knowledge of Bitcoin trading then you'll be rich here one day. But use this Bitcoin forum to gain knowledge than aiming for a profit.

Bitcoin mining may not be as easy as before but with all the types of equipment and resources that you have which I think you do may still be profitable on your part. After Bitcoin halving successfully occurred, some miners upgraded their mining machine and that is another cost to them.

[jseverson]

3. The late ones, the ones who hear it through the mainstream media. When this happens it is usually not ever worth it anymore not saying you wont make money but you will work 4-5 times harder than the 2nd person leaving you earning pennies (Saturated)

Honestly, if Bitcoin grows to the heights it aims to, it's not too late. You have to take note that there will only ever be 21 million ever mined, and that some are lost permanently daily -- if demand remains consistent or grows, then economics dictate that each piece will become even more valuable. It also has to be said that people are only just starting to recognize Bitcoin as legitimate, meaning you still have a hell of a head start against the general populace.

Either way, one other thing you can try is buying low and selling high. It can be tricky to identify when to buy and sell, but it can pay off pretty well. Bitcoin dipped to below ~$5k just two months ago, and if you had bought then, then you'd have nearly doubled your money by now. People often meme about Bitcoin going on a fire sale whenever it dips, but they're almost always on the mark in hindsight.

[Lucius]

Time cannot go back so that we can all buy BTC for $10 or $100, but as some others have said it is never too late to join a good project. When I first started studying BTC seriously it was 2014, and I also thought I was late, which turned out to be completely incorrect. From today’s perspective it’s not hard to understand those who think they’re late, but even though it’s been 11 years since BTC came into being, we’re still at an early stage where everyone has a chance to take their share of the cake.

If we focus on long-term investment (5-10 years), I think most could be very satisfied with the results. There was a saying that anything under $1000 is a cheap purchase back in 2015, and I can say today that anything under $10 000 is a good opportunity (of course as a long-term investment).

[KrisAlex18]

Hello welcome to this forum, it's quite different posts compared to other beginners in this forum, what I mostly see for the beginners in this forum are asking about what they are going to do to earn from this forum, which is really wrong, it's happy to see this kind of thread from the beginner like you. Actually, there is no word as late in this forum, all are welcome here, just keep on exploring, reading and understanding some useful threads here.

-Snip

I also agree with you there is no such thing as late to Bitcoin not unless you are aiming for the lowest price like OP have mention back when it was just worth a penny.
But it could never be back to that price again so we should just move on and for those who still wants to be part of crypto there is no such thing as late investor's,
Maybe wrong timing in investment but you would never be late because the price always fluctuates so it could always go up or down so we could get it at a lower price.

Well said, you are not too late because this bitcointalk forum would still work for the future, do not mind if you are a beginner just take some action to learn things from this forum, you may use the search engine at the right top corner, whenever you want to ask something about the forum you may search it on the search engine and if there is no result from that feel free to ask it by creating a thread.

[Daniel91]

Around 2014 I also was thinking like you today 😀
I felt that I joined party to late and that btc already reached top.
Later I realized how wrong I was.
Now I feel sorry that I didn't invest more money and time in btc at that time.
Still, btc have great potential and you are not late to the party.
Maybe you didn't come first or second but believe me that you still came on the time 😀
In the long term btc is still the best investment so don't worry.
Just hold and wait.

[Jawhead999]

Like anyone said, you're not too late and you're never too late to join this forum and learn about Bitcoin. In the past, when 10.000 Bitcoin is only worth for 2 Pizza... you will never thought if Bitcoin can reach $19,665. Many people interested since Bitcoin is a very good long term investment with the highest ROI comparing to other investment.

Since you're still new about Bitcoin, I think invest is the good options for you. It's not mean you must spend your all money in one times, you can start from 1$ and repeat it everyday. You can watch the video about this Investing 1$ every day in bitcoin over the last five years . Keep in mind, just invest if you can afford to lose only.

Anyway, you have missed 2 party, first is halving party and the second is Pizza party

[jseverson]

Since you're still new about Bitcoin, I think invest is the good options for you. It's not mean you must spend your all money in one times, you can start from 1$ and repeat it everyday. You can watch the video about this Investing 1$ every day in bitcoin over the last five years . Keep in mind, just invest if you can afford to lose only.

Dollar Cost Averaging is generally a safe strategy, but investing a lump sum isn't bad either, especially when prices are low:

We created a simple trial comparing lump sum to the strategy of investing in the same amount monthly over a year, and found that lump sum still won ~67.9% of the time. Even the arbitrarily reduced dataset showed that Lump Sum beats DCA 60.8% of time.

Either way, this demonstrates that it can be really hard to lose money with Bitcoin if you know what you're doing.

[plvbob0070]

It's still not late because you can still learn more about the whole blockchain and cryptocurrency and experience new things. If you think you are already late, what more to those who still haven't been interested in bitcoin. Bitcoin is not easy money and it's not something that will make you rich in a short period of time, that's the usual misconception newbies think. Bitcoin may help you earn profit in different ways, but it does not mean that everyone gets rich. If it does, then I think everyone should have been into bitcoin by now.

By the way, if you are really interested in bitcoin, you still need to study and research some related information about it. It will help you a lot in your journey, and this forum is also a great help to acquire knowledge, you just need to explore. In crypto, it's not only about earning money, but you also will also have to deal with scammers and such.

[AakZaki]

~snip~

most people do make bitcoin a digital currency that will make a lot of real money for them. I myself am not a hypocrite and become bitcoin as my daily income by trading.

if you see Bitcoin as a scheme to get rich quick, maybe that can happen if you have a lot of bitcoin for now. investing in bitcoin is the right choice, but still need to know some of the risks of holding bitcoin.