Too late?

[KFPE]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

[joniboini]

Nobody knows the future. Just like any other investment, you have to take the risk and play the game. If you think spending $30k or more is too much, then lower it until you can feel safe even if you lost your money. Don't risk it all and do DCA to play it safer.

I personally just buy on a monthly basis without looking at the price and plan to exit a few years later. Design your own strategy and the risk you can take by yourself since you're the only one who knows your condition.

[bhadz]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

If you can sustain the electricity bills if you're planning to have your own miners then that's good. But the ROI also relies on the market situation and what shall be your coins to mine. While you have plans to make your miners, it's a good choice to buy 1-2 bitcoins. I advise you to choose the latter first and that's the best decision that you can do at this time for which the market has dropped a lot. What alternative you can think of? buying altcoins that have dropped too much at these times?

[jrrsparkles]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

Buy 1 or 3 bitcoins and wait for 5 years then you know the real potential of crypto market, don't get panic due to the dumps and bumps even if the bitcoin goes to $10K in the next few weeks the price will surely reach new all time high in the next 2 years or later.

[KFPE]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

Buy 1 or 3 bitcoins and wait for 5 years then you know the real potential of crypto market, don't get panic due to the dumps and bumps even if the bitcoin goes to $10K in the next few weeks the price will surely reach new all time high in the next 2 years or later.

True - only issue is, that it takes quite some time to get the investment back, but oh well - i'm in it for the long run. :-)

[ethereumhunter]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

I suggest you allocate the money to buy the mining hardware to buy bitcoin because that can give you a chance to buy more bitcoin. Maybe you can wait for a while to make sure if the price is really down or bounce to the high price. But you can buy bitcoin for a small fraction to test where the market goes so you can prepare to do something. If the price still goes down, you can know at what price you can enter the market and buy orders. But be careful because the market will still fluctuate.

[jrrsparkles]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

Buy 1 or 3 bitcoins and wait for 5 years then you know the real potential of crypto market, don't get panic due to the dumps and bumps even if the bitcoin goes to $10K in the next few weeks the price will surely reach new all time high in the next 2 years or later.

True - only issue is, that it takes quite some time to get the investment back, but oh well - i'm in it for the long run. :-)

A plant needs some time to grow as a tree then only it will give fruit to us and it will keep giving the fruits forever that is how profitable the long term investment is,

So if you are ready to hold then the profits will come by the right time.

[Smitty Werben Man Jensen]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

It's hard to say that you are late to get into Bitcoin, but for altcoins it is clear that this time is a good moment,
if you look at the trend, it's now entering the altcoin season, it's just that bitcoin is experiencing a dump and altcoins drop by more than 50%,
yup this is good opportunity to buy altcoins and not bitcoin.

[Mamun74]

I think It's too late to jump on trend in bitcoin.But don’t need panic you just hold your btc and your profit will come.So you need to patience.

[Bitum]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

As a long-term investment, it's not late. Everything is cyclical, the markets, too, if they go down sometimes, will also go up later, and I still find BTC, ETH, etc. to be a good investment

[wahyu wida]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

It's hard to say that you are late to get into Bitcoin, but for altcoins it is clear that this time is a good moment,
if you look at the trend, it's now entering the altcoin season, it's just that bitcoin is experiencing a dump and altcoins drop by more than 50%,
yup this is good opportunity to buy altcoins and not bitcoin.

I think the altcoin average has dropped a lot, but yesterday there was a starbase that soared by thousands of percent, and there were several other altcoins. So I think there is still a lot of opportunity in altcoins to make a profit, but unfortunately we don't know what altcoins will skyrocket

[samcrypto]

I think It's too late to jump on trend in bitcoin.But don’t need panic you just hold your btc and your profit will come.So you need to patience.

It's not too late to buy Bitcoin, he can enter in the market right now while the market is still down this can be a good entry point for him. To OP if you want mining, better to learn about it first and understand the cost of doing that, don't too focus on the news on China not unless you're living on that place but if not, you're free to use Bitcoin. If you also don't have any experience in trading, you can buy Bitcoin now and just hold it until it reaches your target price, its risky but its worth it.

[CryptoWebDirectory]

It's not too late at all.. In fact, with what's happened in the market this week it could actually be a great time to buy. With there only being a limited amount of Bitcoin in existence, I think there is plenty of time to get in. We are still decades away from the last Bitcoin being mined. Until then, I really think the price will only continue to go up, minus some retractions here and there..

[Sinjokubhi]

Nobody knows the future. Just like any other investment, you have to take the risk and play the game. If you think spending $30k or more is too much, then lower it until you can feel safe even if you lost your money. Don't risk it all and do DCA to play it safer.

I personally just buy on a monthly basis without looking at the price and plan to exit a few years later. Design your own strategy and the risk you can take by yourself since you're the only one who knows your condition.

That's right, no one knows what will happen in the future. Late? I don't think so, because until now Bitcoin is still around and growing. Likewise with other currencies, it continues to grow, increase or decrease, even the output of new currencies continues. It's never too late as long as you want to learn, because investing also requires expertise, not just depositing your money and forgetting it, there are many things you need to consider when starting investing. As he said, trade money that you are prepared to lose or feel safe if you lose it. You say 1 or 2 BTC, that's a pretty big amount to invest. Think again, if you are not ready to lose money with that amount, then don't do it. You must be ready to lose whatever you invest, not expecting us to lose, but when it happens, we can accept it sincerely.

[Mauser]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

Bitcoin dropped almost 50% from it's ATH around 65,000 USD. If you are looking to buy bitcoins then I would keep an close an eye on the market right now. There might be alt coins that are cheaper to buy, but the long term outlook should be much more positive. The thing with China is that they want to ban cryptos so they can promote their own digital Yuan. If this is going to be happen we can't tell yet. Just because China wants us to buy their digital Yuan, doesn't mean investors are going to do so. In my opinion there is no way around Bitcoins in the long run. I am considering buying some more too.

[zanezane]

I don't know much about the mining part but the bitcoin purchase part, I don't think that it is too late but you have to do the final decision because if you buy now, there's no guarantee that you will get a profit immediately and you will have to really wait for a long time sometimes to get a decent profit.

[Ararbermas]

Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  

Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)

it is good to jump bitcoin mate instead of alternatives coin wherein not sure if it can guarantee afterwards , unless you focus on some trusted projects.  
But not now when it comes to BITCOIN. because at this moment still not safe to enter as it keep decreasing... Indeed most of the coin in the market is struggling, so you should wait for the right time because for sure after this situation bitcoint will jump again like what's always happened after all the masive correction in the market. Monitoring the situation is the best way mate because you don't have any idea how long this situation will last..  So keep monitoring bitcoin to don't miss the opportunities..

[isaac_clarke22]

~

Don't let the news get into you, maybe only read if it is in your local area.
You could've bought more when the price was like around 30k yesterday.
For mining advices, please ask that in Mining section.

[tvplus006]

...Especially considering it has plummeted after regulators in China announced a clampdown on crypto.

Such a dump that occurred yesterday in the market can be explained by negative news, but the truth is that the market has long demanded a correction, which occurred. And now we can expect further recovery of the BTC price and the achievement of a new ATH. Join bitcoin, it is possible that we will not see such a low price again.

[AicecreaME]

It's never too late. This is the biggest misconception that comes to mind for those who want to invest in bitcoin. If you want to enter Bitcoin for a long time, then you will be a plus anyway. And if you need profit in a month, quarter, six months, then perhaps you can lose. But this usually worries those who buy bitcoins or miners on credit or with their last money.

So, define for yourself the minimum threshold for the timing of the investment. In the long term, you will always be in the black, as bitcoin has always been growing historically.

I definitely agree to this.

As long as the crypto market is still running, it is never too late on investing on cryptocurrency, buying the dip is also a good thing. The only moment for us to call it too late is when the cryptocurrency is already devalued because something better replaced it already. Keep in mind also that investment is all about risk, if you make profits, then that's good, and if not, that's also a good thing because you learn something.

Instead of doubting Bitcoin, just invest your money on it already because the market won't wait on you.