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Author Topic: Is bitcoin the best one to invest in? Or am i too late? :(  (Read 1017 times)
JimboToronto
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April 28, 2021, 02:56:10 PM
Merited by El duderino_ (10)
 #61

What do you mean by investing in? Day trading or buying  and holding for the future (2026 perhaps)?

Buying because you believe in the value of the asset is investing.

Day trading or buying an asset to try to realize a fiat profit by selling isn't investing. It's gambling.
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April 28, 2021, 03:36:43 PM
 #62

If you buy now, make sure that you are ready for any risk. The bearish market can come at any time. If you are thinking of a long-term investment, then it doesn't hurt to enter the current bitcoin market and wait for a few years.
I don't think that buying bitcoins right now is having too much of risks. Because, we are still into April month and bullish trend may last till December month of this year (like how we had in past two cycles of bitcoin markets) so it will be still highly profitable investing into bitcoins right now.

Moreover, many people are still speculating about bitcoin to get doubled from its current price levels in coming months. So, I guess that we can get at least 2x profits even if we invest today.

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CoinFoxs
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April 28, 2021, 04:32:12 PM
 #63

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.


No one is late in crypto world he/she just have to wait for the right time to sell their coins. Yes you are late for this bull run which is gone and in result bitcoin is trading currently at 54k$. So wait for bitcoin’s dump then buy coins as much as you can then hold for 6-8 months with you and then sell at good profit. If you want to invest right now then invest your money in other altcoins which has potential to grow in future.
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April 28, 2021, 05:07:57 PM
 #64

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.


No one is late in crypto world he/she just have to wait for the right time to sell their coins. Yes you are late for this bull run which is gone and in result bitcoin is trading currently at 54k$. So wait for bitcoin’s dump then buy coins as much as you can then hold for 6-8 months with you and then sell at good profit. If you want to invest right now then invest your money in other altcoins which has potential to grow in future.

Not late if you are aiming for that long term holding, the chance that Bitcoin will continue rise is very possible.

though investing in other alternative projects are also considerable if  you don't have that much of invested money, you can pick from the top 20 alternative projects where can also bring you huge profits, assets that have good fundamentals and continuous development.

Research and build you knowledge as a good foundation of your investment journey.
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April 28, 2021, 06:42:18 PM
 #65

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.
I will suggest to you that you read several historical threads about people speculating with the price and soon enough you will begin to see a pattern, people thought that getting into bitcoin at 100, 1k or 10k was simply too late and now they are saying the same thing with bitcoin at 55k, do you see the pattern? If you do then invest in bitcoin but only if you are willing to hold your coins for the long term otherwise do not even bother and invest in some other market with whatever money that you have.



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April 28, 2021, 10:57:51 PM
 #66

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.
I will suggest to you that you read several historical threads about people speculating with the price and soon enough you will begin to see a pattern, people thought that getting into bitcoin at 100, 1k or 10k was simply too late and now they are saying the same thing with bitcoin at 55k, do you see the pattern? If you do then invest in bitcoin but only if you are willing to hold your coins for the long term otherwise do not even bother and invest in some other market with whatever money that you have.

that will be a good exercise for him to learn more about the market performance of bitcoin. and see how users react on every price level that bitcoin achieved. and hopefully, he will not ask if he is already too late or not. because by then, he will realised what to do with his funds. because it is him alone that can answer if he is here for long term or for just short profit. it is hard to give advise to people that dont know yet what they are getting into. but one thing i can say, it is never too late to join in this market. it depends on you how you will strategise to optimise your profits here.

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April 28, 2021, 11:38:52 PM
 #67

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.
I will suggest to you that you read several historical threads about people speculating with the price and soon enough you will begin to see a pattern, people thought that getting into bitcoin at 100, 1k or 10k was simply too late and now they are saying the same thing with bitcoin at 55k, do you see the pattern? If you do then invest in bitcoin but only if you are willing to hold your coins for the long term otherwise do not even bother and invest in some other market with whatever money that you have.

that will be a good exercise for him to learn more about the market performance of bitcoin. and see how users react on every price level that bitcoin achieved. and hopefully, he will not ask if he is already too late or not. because by then, he will realised what to do with his funds. because it is him alone that can answer if he is here for long term or for just short profit. it is hard to give advise to people that dont know yet what they are getting into. but one thing i can say, it is never too late to join in this market. it depends on you how you will strategise to optimise your profits here.

When it comes to investment then this would really vary into each person because some do prefer on long term aspect and some would go for shorter ones.You cant really

able to determine if you are late or not if you don't experience on whats happening on the current market.Although when it comes to investment multiplier then theres no doubt that

most of coins are now already on the peak even though it isn't still determined to be like that but its already high compared back into those previous years.

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April 28, 2021, 11:49:43 PM
 #68

If you are for long time and you do not depend on the capital involved for any emergence need, BTC is still the best and there is no time that is ever late to get onboard.

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April 28, 2021, 11:57:24 PM
 #69

If you are for long time and you do not depend on the capital involved for any emergence need, BTC is still the best and there is no time that is ever late to get onboard.

Many people think about buyinh at current price is kinda expensive thats why we can see many people think about they are late especially if they try resesrch the history of bitcoins while the price is so cheap, but actually the bwst solution for that if they still want to try is to buy a little fraction of bitcoins since even from that they can earn if they decide to hold for long term.

R


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April 29, 2021, 06:38:57 AM
 #70

OP if you would buy for long term then I think there isn't a late entry at all.
But some would suggest to wait for the price to drop down and for me if you really want to invest why wait?
What if the price wouldn't drop down and it continue to grow?
Then you would never enter the market?
But DYOR OP it is just my opinion and how I do it.

Well based on our own research everybody was expecting for a bearish trend to come in cryptomarket. Actually for me it is not too late to invest in bitcoin, maybe some sort of being late but not too much because as I've said we are expecting for a bear market and I guess the bullish trend of bitcoin today was enough to justify why is it late to invest however if you have the ability to invest in bitcoin and can afford to avail the bitcoins $54k price then why not right. Maybe some price correction may take place again for some other time.

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April 29, 2021, 10:56:08 AM
 #71

Actually for me it is not too late to invest in bitcoin, maybe some sort of being late but not too much because as I've said we are expecting for a bear market and I guess the bullish trend of bitcoin today was enough to justify why is it late to invest however if you have the ability to invest in bitcoin and can afford to avail the bitcoins $54k price then why not right. Maybe some price correction may take place again for some other time.
Yeah, definitely it is not late; some people are still considering people who are going to adopt bitcoins until 6th halving happens as the early adopters and only after that late adopters will come into the scenario. It means we can still enjoy good profits even by adopting bitcoins from today onward as there are at least 1000x growth yet to happen by considering adoption level among people and business.

I am happy that I joined bitcoin some 5 years back itself and I might consider myself as an early adopter hence I believe there are certain levels of profits I could expect in coming years for my bitcoin holding.



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April 29, 2021, 11:22:48 AM
 #72

Actually for me it is not too late to invest in bitcoin, maybe some sort of being late but not too much because as I've said we are expecting for a bear market and I guess the bullish trend of bitcoin today was enough to justify why is it late to invest however if you have the ability to invest in bitcoin and can afford to avail the bitcoins $54k price then why not right. Maybe some price correction may take place again for some other time.
I am happy that I joined bitcoin some 5 years back itself and I might consider myself as an early adopter hence I believe there are certain levels of profits I could expect in coming years for my bitcoin holding.

I'm happy to join bitcoins last 5.5 years ago but I regret I didn't hodl my earn bitcoin from then until now since I can possibly earn millions of dollars if that happens, but that's life bitcoin teach us a valuable lesson and every halving show great effect so expect that in next halving for sure we can see more greater number on bitcoins so for those who doubt about being late we still have time since bitcoin didn't reach yet at 6 digit since for now that's the target speculated price to come.

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April 30, 2021, 06:42:34 PM
 #73

Actually for me it is not too late to invest in bitcoin, maybe some sort of being late but not too much because as I've said we are expecting for a bear market and I guess the bullish trend of bitcoin today was enough to justify why is it late to invest however if you have the ability to invest in bitcoin and can afford to avail the bitcoins $54k price then why not right. Maybe some price correction may take place again for some other time.
I am happy that I joined bitcoin some 5 years back itself and I might consider myself as an early adopter hence I believe there are certain levels of profits I could expect in coming years for my bitcoin holding.

I'm happy to join bitcoins last 5.5 years ago but I regret I didn't hodl my earn bitcoin from then until now since I can possibly earn millions of dollars if that happens, but that's life bitcoin teach us a valuable lesson and every halving show great effect so expect that in next halving for sure we can see more greater number on bitcoins so for those who doubt about being late we still have time since bitcoin didn't reach yet at 6 digit since for now that's the target speculated price to come.
We do all having that kind of regret even myself do also have the same situation as yours where i do need to actively spend my coins on converting it to fiat for my daily needs which means i cant really save up some
coins for longer aspect which means i do already lost out that opportunity since i dont have any option but theres no point for you to regret on because its always been a good decision if you do try out yourself
to make some earnings for the benefit not only to yourself but also into your loved ones which do matter most.Important thing here is that you do still make some earning until this very moment.
You might had able to miss the chance but doesnt mean that you cant go back to square one.

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April 30, 2021, 10:53:19 PM
 #74

If you looking for a long term investment, there is nothing too late if invest in Bitcoin, but if you looking for short or mid term investment, Altcoin is better than Bitcoin, Out there a lot of altcoins still sleep and if the time comes it will be pumped, so find it and invest your money there, and remember diversification your investment

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April 30, 2021, 11:45:23 PM
 #75

In my opinion, Bitcoin is still the best one. Bitcoin is like the mother of all crypto coins, so people will always make it to be the most favorite one. We also can see that Bitcoin is the most influential crypto coin. So, choosing Bitcoin as the coin for investment is the right way. Too late? No, you are not late, bro. Bitcoin is still a new alternative for investment, it is growing and getting famous nowadays. You are at the right time to invest in Bitcoin, but make sure you choose the right time to buy.
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May 01, 2021, 12:52:16 AM
 #76

Bitcoin seems to be the best investment currently, and one is not even too late to invest in it despite the amount it has accrued over time due to the interest of people all over the world about it. You can buy in small increments and average your buys as what most of us still do and hold them for the long term. There's not really any hard secrets about investing in bitcoin, just that you need to be sure that you can commit to all the dips and the peaks of the price and you're okay to lose the amount you have invested if things go south.
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May 01, 2021, 01:51:17 AM
 #77

~
Depends on your strategy. We can say that you are late into investing into Bitcoin at this moment and you should invest into other cryptos but it might not be the best advice.
On the other hand, I agree to the fact that now isn't the best time to invest into it. You posted this 20th of April and I'm just hoping that you did bought Bitcoin when it went down at the $47,000 because that is the best time to buy it. If you bought it then congrats you gained short term profits Smiley.

In the end it will depend on your time frame of holding it and your strategies and plans. I can just give you a general advice. Just buy when it dip. Take some profits along the way but keep holding some Bitcoin Smiley.

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May 01, 2021, 02:14:29 AM
 #78

If you looking for a long term investment, there is nothing too late if invest in Bitcoin, but if you looking for short or mid term investment, Altcoin is better than Bitcoin, Out there a lot of altcoins still sleep and if the time comes it will be pumped, so find it and invest your money there, and remember diversification your investment
Better if you focus on bitcoin first before branching towards other altcoins because there is a big sea.of altcoin out there and it is difficult to find the right in the pile of trash so you better have a strong foundation before finding other means to make money.

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May 02, 2021, 06:49:05 AM
 #79

Actually it depends on your understanding against bitcoin. If you just collect other people suggestion and most of them just say that bitcoin is really promissing to be made as an investment then it is still useless for your money. Most money that you spend to buy bitcoin will loss yeah I'll bet it.

This is pointed out that investing need a knowledge in whatever you choose investment place. You need to know the ins and out first about a place that will you choose.

Because there are many source already that you can uss to learn. After that, you need to know the investment strategy, being a holder especially long term holder is not easy. Although you do believe that bitcoin will give yoh a huge money for long term investment but in the procces you will need strategy as the basis for your decision.
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May 02, 2021, 12:49:25 PM
 #80

If you looking for a long term investment, there is nothing too late if invest in Bitcoin, but if you looking for short or mid term investment, Altcoin is better than Bitcoin, Out there a lot of altcoins still sleep and if the time comes it will be pumped, so find it and invest your money there, and remember diversification your investment
Better if you focus on bitcoin first before branching towards other altcoins because there is a big sea.of altcoin out there and it is difficult to find the right in the pile of trash so you better have a strong foundation before finding other means to make money.

You have a point but if you are capable of determining which coins are good to invest in and which are not then I'd say you'll be fine. Bitcoin is kinda increasing right now so I can't say if it will be the right time to buy or not but if you are no weak hands then why not, we're still in the bull cycle anyway so there's a chance for it to grow even more. Nevertheless, pretty sure there are still some altcoins that are not pumping yet perhaps it is worth entering on that one but make sure to do some proper research first before investing.
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