Are new bitcoin users early or late to the party?

[Anonohmon]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

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[Lewan]

There is no such thing as being late or early to make money. Anyone who follows the news properly and can make the right analysis can make money. As long as you can use your mind.

[mk4]

Literally almost every beginner uneducated investor are kicking themselves for not getting in early — but the fact is, most of you would've likely sold due to panic or due to being happy with a 2x ROI.

But to answer your question — if you think that a couple of months to a year of sideways makes you restless, then real actual investing(not getting in and out in a span of days due to certain news) may not be for you.  

[Jawhead999]

Many people keep regret they didn't bought Bitcoin earlier when the price was only $1-$100/each, but they're forgot they have another chance to achieve financial freedom by start to accumulating Bitcoin right now! Regret is just wasting your times, you didn't get anything by doing that. As you said Bitcoin could reach half a million or a million or even hundred million, to prevent regretting in the future... now it's your times to keep buy Bitcoin every dip.

[Questat]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

This is not a pyramid scheme in which those who come first will earn more. Have to think that investing in crypto is totally different, you can really tell yourself being late because of coming from a different time but the chances are still the same. Like, if you are a smart investor/trader, you can certainly earn more than those who come first. Opportunities are still there, it wasn't closed yet for the latecomers, it is indeed the market welcome everyone who comes.

[pooya87]

Will btc ever hit a million? Or hundred million?

No, never. Bitcoin price will remain stable at $40000 with small ups and downs forever ergo it will never give you profit for investing in it.


Now that we got that out of the way; if you like bitcoin as a currency, start educating yourself about this unique technology. Then you can swap some of your fiat to the one and only decentralized global currency that can never be censored and enjoy the benefits it provides for you.

[uelque]

This kind of question was also asked back 2017 or 2018 where newbies like me back then are confused whether we are still early or already late for the party. I remember the price of bitcoin back then was like around 3000 to 3500 dollars. And now seeing how far the price difference before compared to now really amazed me. I have never actually imagine that bitcoin will reach 40k$ and even 60k$. All I want to say is that it is really unpredictable, so we cannot say that we're too late already. Maybe there are still more to come and that bitcoin price might reach a new ath in the next few months or years. Who knows? maybe a 100k$ soon.  

[Rockstarguy]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

It is never late to get bitcoin, when ever you are ready you will always meet the benefit or gains in bitcoin.  If you check history and you go back to 2010 and see how the price of bitcoin how it transformed till now, you will understand that if you buy a bitcoin now and hodl it for sometime it will definitely go high. The gains in bitcoin is not for only those who started earlier but also for any one who decides to hodl some bitcoin now for the future.

[BlackHatCoiner]

Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

Perhaps you don't want to do the same in 2033. Better put an end to this suffering today.

[pakhitheboss]

Patience is what you need now or you will get depressed soon and commit a mistake. It is always a good time to buy Bitcoin and hold it. Those who profited when Bitcoin reach the incredible feet of 21k had to wait for quite sometime. They believed in the decentralized economy and they got their reward. If you think Bitcoin is a quick rich scheme then you need to exit as it is not.

[Lucius]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

If you are now somewhere between 20 and 30 years old, wouldn't it be very good if 1 Bitcoin is worth $500 000 in 20 years? It is more than x10 for every amount you invest today, and for me personally it is more than a good personal pension fund that no bank or government can take away from you.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|
Will btc ever hit a million? Or hundred million?

It is quite logical that you can no longer get rich by buying 500 BTC for $1 or 100 BTC for $100, but as some others have already written, Bitcoin was not invented to get rich on it - unfortunately, this is just the result of human greed that is ready to destroy all the good that comes it's way.

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

Not very popular advice, but if you want some crazy big money when it comes to cryptocurrencies, you will have to try altcoins. It is a very risky and slippery terrain, but if you can figure out how the whole thing works, you may be able to make a big money with a relatively small investment - although the chances are higher that you will lose everything.

[tabas]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

Look back to 5 years or more ago or just even a year or two, the same feeling you've got with the rest and also me.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

You're too negative, you look at long term in bitcoin and you'll see the potential and will increase your enthusiasm.

Will btc ever hit a million? Or hundred million?

Let's check out first the 6 digits like a hundred grand then a million.

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

What's done and done, what's past is past. Move on and start making your way collecting as much as btc as you can.

[Leviathan.007]

This is so much wrong to say it's too early for investing in bitcoin or it's too late for it, To understand it better I can say let's Imagine you started investing back in 2013 when the price was too cheap and bitcoin is not famous like these nowadays, even if you were started investing on that day, still there was a high chance for you to sell all the assets you got when the price increased sharply like many other people, so if you do have your own investing plan it's better to stick to your plan and don't care about being late.

[Wind_FURY]

OP, VERY EARLY. The definition of what Bitcoin truly is isn't even established yet, and it might never be established. What is it? You can ask 5 different people, and they can give you 5 different answers.

The main shower-thought that makes me believe that it's still very early is, no one has realized what Bitcoin's real underlying nature is yet. With censorhip-resistance, it could be, that nation-states could utilize Bitcoin to weaken political strongholds. That's a powerful tool, and it might take some time before that realization is reflected in the price.

[avikz]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

It depends on your age. If you are in your 20s, then you are not late at all because you have a huge amount of time ahead of you. So you will be benefitted from the remaining time as bitcoin has a huge upside potential.

But if you are retired and living on your savings, the you are too late and probably best not to enter into the market due to the high risk profile. Hope this helps!

[Baofeng]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

That's all speculation, do you want to be the person way back in 2010 that didn't believed in bitcoin and then start to kick themselves when the price goes to almost $70k last year?

Or you want to get into the market right now, try to get a feel and who knows, maybe it will be worth half a mil or even a million or worst 0 in the next 20 years? 

[Rikafip]

It depends on your age. If you are in your 20s, then you are not late at all because you have a huge amount of time ahead of you. So you will be benefitted from the remaining time as bitcoin has a huge upside potential.

I would say that age is one of the least important factors when it comes to deciding whether its too late to invest in bitcoin, if its a factor at all. On top of that, people usually have more funds in their 40s and 50s than they have in their 20s (judging by people around me, including myself) which makes it much easier to invest.  


@OP I asked myself the very same question in 2017 when bitcoin price was ~1k. Luckily I came to my senses and realized that I am still very early and you can see where price is now compared to only 5 years ago. No point dwelling on the past, better focus on the present. And  as some others already said, even if you bought back in 2013, chances are that you would sell bitcoin long time ago.

[rugrats]

I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

We will never see the profits of the first bitcoin holders in 2012-2013, but now it's not too late for you to invest in bitcoin. If you can keep it as long as you say 10 years 20 years from now i believe bitcoin price will go to 400k or 500k is possible. Compared to the current price of 40k, you still make a profit x10.

[fzkto]

I can recommend you to research this market more thoroughly and maybe after that you will be able to make some money, but you are probably right to have missed that train. But you still have a chance to buy bitcoin now at an inexpensive price to sell it at a good price in the future. True, no one knows what the future holds for fiat money and inflation, but everyone on this forum knows that bitcoin will always be bitcoin.

[Franctoshi]

If things should go as people are predicting Bitcoin's price to go way up to a million dollars per coin from were we are right now, from my view someone getting in now is not too late because if we eventually get to 1 million dollars per Bitcoin and you look back and saw you got in around 40k ,50k dollars per BTC, that's is when you gonna realize you weren't late.
So it depends on how far that Bitcoin's price could go from this point in time.