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Author Topic: No late commer in cryptocurrency  (Read 287 times)
Lucius
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July 15, 2021, 09:56:28 AM
 #21

Do you really think that a new crypto king will be born? I always thought we already had a king on the throne with an army of tens of millions supporting him.
We share same thought. However, no king lasts forever. At a time the kingship is transfered to a prince for continuing. Or will BTC exceptionally be an everlasting king?

Here of course we speak in metaphors and call Bitcoin the king of cryptocurrencies, so if you want us to go literally in that direction then we can say that Bitcoin was born as a king because it was the first and without competition. From then until today, Bitcoin has built its reputation and strengthened its position and today is arguably the best known and most trusted cryptocurrency. Anyone can be proclaimed king, but few deserve the respect and loyalty of their subjects.

It is true that nothing lasts forever, but we should not forget that all possible imaginary crypto princes have a terribly difficult task in overthrowing the king from the throne - of all coins/tokens only Bitcoin is really decentralized, everything else is pale copies chasing profit.

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July 15, 2021, 11:06:01 AM
 #22

~
Bingo! I knew it. Smiley
Well I wish I had the nostalgic feeling of that sight of CMC in that year, but in the other side I could have quit trading coins because most likely I invested in those dead coins you mentioned due to me being new to trading. Cheesy

Thanks for pointing out the exact post. Smiley

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July 15, 2021, 10:12:43 PM
 #23

I've also thought the same when I entered this space.

I really thought that it was too late but it didn't matter to me but just pushed with what I've got by that time I've started.

It's never too late as cryptocurrencies are emerging and if you truly believe that this space is going to be bigger than it is right now, you're never too late to buy at cheap prices of cryptos you want to buy.

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July 16, 2021, 10:56:41 AM
 #24

Congratulations on that boyptc: The best time to start with cryptocurrencies was back in 2009. The second best time is now!!

There are still many opportunities for those who seek them in this space and I guess that it is still possible to make a living from cryptos if you invest some time researching and learning. There are so many things one can do, depending on his abilities!!! Investing, programming, sharing content in social media... and other creative/innovative business models I can't even imagine right now.

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July 16, 2021, 02:12:41 PM
 #25

Maybe you're not the only one who said that to me. Especially crypto newcomers. I think it's never too late to join. I think if they were really serious they would be able to handle that.
Expensive coins, cheap coins, I don't think so, your skills to decide to buy, sel, and  analyze are the most important thing. You must be able to take advantage of those moments to double your money.

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July 16, 2021, 06:35:43 PM
 #26

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!
In crypto, it is not always about how early you made it or how early you knew about it. It is all about how wise and strategic you are with the current knowledge you have and the timing you wait for as you enter. The value of every crypto is volatile meaning it keeps on changing over time. Once you witness a massive dump, do not hesitate or lose the chance to invest. As you invest, you can try holding as much as you can so that all of the money you spent will go back to you with some extra profit. Knowledge and perseverance is the key to a successful investment so make sure you always have that two and surely you'll win at the risk you took.

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July 16, 2021, 06:57:27 PM
 #27

If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

Be very careful when giving out advice like this as it seems like a financial advice, this particular advice has lead many to their doom in the market. Just because a coin is not expensive doesn't mean it's a perfect alternative to the already expensive ones like bitcoin etc. This same reason is why people go and invest in coins trading for just zero's of cent without realizing they're buying coins that has billions to trillions of supply circulating which makes it impossible to increase without manipulation.

When investing, consider the fundamentals of the project before looking at the price. Many projects currently listed in the market shouldn't even be tradable as they offer nothing to the industry. They're just pump and dump coins waiting on their new victims to scam.

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July 21, 2021, 09:06:54 AM
 #28

It has been ten years since Bitcoin appeared. Many people admire the high profits made by early investors while lamenting that they have missed the opportunity to enter the market. But after experiencing the bull market, many investors including me believe that it is never too late to invest in cryptocurrencies. For me, investing in Bitcoin is a very meaningful thing, because it is not only my belief, and I can also get investment income from it. With the large-scale application of blockchain and cryptocurrency, the future of Bitcoin is immeasurable.
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July 21, 2021, 10:16:04 AM
 #29

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!
you have a point, but at this time the most important coins are already at high, but yes if you are just talking about profit, there are really other coins that are not too expensive at the moment, which will have a higher value at the future, the most important thing about it is you need to be early at some point, getting ahead is way better than late because you can have it at a cheaper price, and take profit while others are just getting started.

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July 22, 2021, 02:35:06 AM
 #30

Although the encryption industry has been a long time since it was first created, it is not too late to invest in it. With the further development of blockchain technology and the increase in the needs of crypto investors, the actual use and market value of cryptocurrencies have increased exponentially, and some countries even support the encouragement of bitcoin payment transactions, which has a positive impact on the future development space .
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July 22, 2021, 04:58:37 AM
 #31

Although the encryption industry has been a long time since it was first created, it is not too late to invest in it. With the further development of blockchain technology and the increase in the needs of crypto investors, the actual use and market value of cryptocurrencies have increased exponentially, and some countries even support the encouragement of bitcoin payment transactions, which has a positive impact on the future development space .
Yes, when people want to invest in crypto, they can do that anytime and even with little money. But what they should remember is crypto has volatility which means, people can not expect to see the price will still increase. People need to know how to prepare for the worst thing that can happen to use it for their own benefit. With the popularity of bitcoin, it will become mainstream and attract more people to join bitcoin.

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