BTC seems to be fading out and loosing popularity.

[Rruchi man]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

[Bilgent]

It is really true that many people started changing their direction to the altcoins and searching ways for making good profits from them. Wherever I look, I see people who have invested in an altcoin which is said to have a big potential.    However, there are still people who choose to invest in BTC also. It is really hard to say that a person is late or not late at all for investing in BTC for now. Because we still don't know where we will see the price reaching the highest ATH.

[joniboini]

Where do these "many people" come from? Literally, no one that I know of exits crypto because they believe BTC already reached its fullest potential. Just because a guy said he is bored with crypto doesn't mean the rest of the world said so.

I think you're generalizing tbh. Just take a look at the news, more and more firms are coming to buy and stock Bitcoin for the future.

[verita1]

I would recommend investing in bitcoin if you are thinking of a long-term investment.
Any portfolio needs to have some bitcoin. Because missing out on the bitcoin revolution might be unfair after all, you're a crypto enthusiast.

While the price of bitcoin is ATH, the crypto market is optimistic and altcoins are ready to offer their attractive returns. I am interested in altcoins that are well supported by team, development and community. An altcoin with a solid team that complies with the development of its ecosystem is the best coin to invest.

[Rruchi man]

Just because a guy said he is bored with crypto doesn't mean the rest of the world said so.

I really did not say bored, i clearly stated that those who do not have a huge sum ( like the companies that are investing right now) are looking to other altcoins that they could still make something out of. Also Imagine having a small amount of btc only to have a fraction swallowed up in transaction fee. These are some of the discouragements that have faced some people i know that have moved to investing in other altcoins.

[livingfree]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.

Those and that doesn't represent the entire people that are wanting to invest in bitcoin. It's normal that some are already disappointed that they've missed the time that they should buy bitcoin at the cheap rates.

Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

No.

If it's too late, you should have the hint of taking steps made by the institutions like Tesla, Grayscale, Microstrategy.

[Reosta_]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

Investing in altcoins seem more risky for me to wait for making a nice profit. Because we already know that Bitcoin is a very good choice for a long-term investment. But when it comes to altcoins, they are really as deep as a well. As for being late or not, I think it is not late for buying and actually we can't know when it is late or not accurately. For example, despite the price reaching very great levels, we see that big companies still prefer investing in it.

[Ziskinberg]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

That he thinks it is too late for them and the price of Bitcoin is too high that these people can't afford to have it. I'd never find it wrong and that is their decision as well but this doesn't mean that they are totally leaving Bitcoin, they'll soon come back again and make some investment earlier so they won't miss the ATH.

There are a lot of potential altcoins and that is still a good investment. I'd just to hope that they can't be wrong of choosing altcoins so they won't regret it later.

[lalabotax]

I am not sure about it. If this opinion only comes from certain people, it doesn't mean that it represents a large number. Except that there has been researching or vote on this subject.
In my opinion, Bitcoin is still a target for investment for those with small or large capital. And also use Bitcoin to take profits on a short-term basis.
But the problem is the timing is right for market correction so we'll know where Bitcoin is next.

[CaVO32]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

That he thinks it is too late for them and the price of Bitcoin is too high that these people can't afford to have it. I'd never find it wrong and that is their decision as well but this doesn't mean that they are totally leaving Bitcoin, they'll soon come back again and make some investment earlier so they won't miss the ATH.

There are a lot of potential altcoins and that is still a good investment. I'd just to hope that they can't be wrong of choosing altcoins so they won't regret it later.

But bitcoin fading out and losing popularity, I don't think so. It may be their perspective but for some it is not. Like those financial institutions, a lot of them are still buying large amounts of bitcoin. In time, when bitcoin will be higher than what it is now, some of these users that are saying it is too high to get in, will tell to themselves that they should have bought bitcoin when it was still 55k or 60k. Few years from now, if the OP will look back to this thread. More than likely, he already changes his views.

[Oceat]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

What losing popularity you are talking about?
Where do you get that fata of people losing interest in Bitcoin?

AFAIK, the adoption is getting stronger and stronger everyday seeing those large institutional investors joining together I don't think there's a losing interest in that part. You may just have a complaint because of the high transaction fees because you don't know how to make the right decision of when to sell or send. It's just normal to see high transaction fees because Bitcoin is in bullish trend right now but if you could wait a little time that transaction fees will go down for a while, you just need some patience.

[Kemarit]

A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?

Depends on your goal, Bitcoin though is being looked as long term investments.

Ethereum has also a high gas fees, so it's not just Bitcoin's issue. Of course, no one is stopping someone from investing in altcoins, but they are more riskier in my opinion. And Bitcoin's supplying is dwindling, but we have more demand because of institutions. So if you have to look at it, chances are the price are going to soar in the future.

[TravelMug]

On the contrary, if bitcoin is losing its popularity, wouldn't the price goes to $60k? It should be around $10k by now, so that argument of yours is flawed.

And that mindset that bitcoin high fees and its not cheap right now has been debunked. There is LN, and if you invested on it just a year ago when the price goes down because of covid and then hold, you are in the profits right now. Just look at those investing on bitcoin right now, big companies, do you think they will throw billions on it because it is losing popularity?

[LittleBitFunny]

What makes you think that Bitcoin is fading out! Bitcoin is getting more stable than before and more popular cause most investors are searching for the safest asset.
Only Newbies are invested in Altcoin cause they thought Altcoin is profitable and they are trying to catch an instant pump of Altcoin.
Most of them are returned to Bitcoin when they realized that instant pump or instant profit is not the main fact, the main fact is the safety of their investment. Bitcoin is not for weak hearted people or not for greedy poor people, Bitcoin is for those who have the patience for holding long term and planning to make a safe future by holding.

[acener]

It is normal for them to look for other things because the price has stopped increasing they would look for other crypto that would give them a higher profit.
It didn't lose popularity they are just looking for higher profit since Bitcoin isn't pumping like crazy anymore they wouldn't earn much from it.

[Astvile]

I disagree that bitcoin is fading out and losing popularity right now, every day there are big institutions buying up bitcoin and many more investors come to invest in bitcoin. Bitcoin is going strong day by day.

There can be various reasons why they think it is late for investing in bitcoin given the current price right now. Maybe they are afraid that events like the 2017 crash after the bull run might happen again. Investing in other crypto is not a bad decision either there are a lot of coins that have great potentials it really depends on their strategy. But for me, I think investing in bitcoin at this price is not a bad decision at all we just need to hit the right timing on buying.

[cabron]

As long as BTC is available in the market where you can buy $100 or less, its not too late. BTC is divisible. You don't even have to own 1BTC to invest in it. But yes your friend has an option to buy altcoins, its his choice. Almost everyone who are in crypto for years doesn't just have BTC on their wallets, they also have ETH and some altcoins they invest as sort of a gamble. Generally, they prefer to have BTC.

[Wexnident]

Man, it's like the mentality back in the old days where Bitcoin wasn't appreciated or valued, and people were just ignoring it. That thinking should really be avoided tbh, cause first and foremost, you can't really turn back time, so might as well live with what you have right now. Well, if the market isn't really for you, no ones really forcing you to join in, but Bitcoin isn't limited in being something you can trade, it can still be used to move funds without much limits (ones made by the government usually).

Now if you really want to join in the market, well buckle up and prepare for a long ride since even with its high price right now, I can still see people making profits like the ones they made back then, it just has to take some time.

[GreatArkansas]

Just think about why Tesla, MicroStrategy, and other big companies bought only Bitcoin for their balance sheet, why not some altcoins?
One of the reasons why those big companies choose Bitcoin is could because Bitcoin is already proven that can become a store of value and with inflation can be avoided as time goes by.

That's why owning Bitcoin even a small amount is very important to me. To be honest, my portfolio's most allocated size is on Bitcoin, some others are altcoins.

[pooya87]

many are looking to invest in other alt coins.

Another indication that 2017 is staring to be repeated.

When bitcoin bull run starts to grow there is always an increased number of newbies coming into bitcoin world. Then these newbies are being bombarded with a lot of altcoin scams that promise them riches, obviously these newbies who don't know any better buy into these scams and eventually end up losing a lot of money.
Ask anyone who bought any altcoin in 2017 and didn't sell it in 2017. They lost from 50% up to 98% of their money by bag holding.