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Author Topic: Are new bitcoin users early or late to the party?  (Read 4047 times)
TribalBob
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April 22, 2022, 02:06:42 PM
 #21

it's never too late to invest, as long as you believe you can listen and can benefit from bitcoin currently in our target to earn profits regularly or quickly

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April 22, 2022, 02:12:29 PM
 #22

I wouldn't consider them to be late. I mean if you were looking for a 100x ROI which was possible back then, then yes, you are late. But if not, then I'm pretty sure you'd still profit off of investing in Bitcoin now even if you just hodl. Big growth when it started isn't to be expected anymore imo, but that doesn't mean that Bitcoin growth has stagnated. At the very least, not until the last few halvings (and assuming that adoption wouldn't increase in huge increments anymore). Honestly rather than thinking whether your late or not, just enter, being early then nice you got more, being late, well, at least you're guaranteed to profit a bit unlike early ones who risked it all.

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Nrcewker
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April 22, 2022, 02:15:24 PM
 #23

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

There is never late to join Bitcoins.
Due to Bitcoin’s supply and demand policy, you can make money with Bitcoins any time you want.
All you need is just good analysis of the coin and the perfect time to buy the coin.
You shouldn’t take any stress by guessing about the next 20 years. What you can do instead  is that you make money by short term investment.
At the current scenario and Bitcoin prices, try to buy Bitcoins when the price is around 37k USD then sell it asap when Bitcoins hit 45k USD. This won’t take long (max a week). As this trend is recently seen in Bitcoins from the past few weeks.

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April 22, 2022, 02:16:24 PM
 #24

Actually, I'm not sure why practically every newbie has the same mindset and believes that it's too late to invest in bitcoin. Basically, Bitcoin has a very bright future that will last for a very long time; regardless of when you invest, returns will arrive because many people have taken Bitcoin and invested in it. Consider that you may only invest less than $1,000, believing that it would no longer yield a return, although many investors are investing billions of dollars in Bitcoin.

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April 22, 2022, 03:57:54 PM
 #25

~snip~ 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.
Many new people are afraid and think that way. But for those who are familiar with bitcoin it is never too late. If we have known bitcoin for a long time, we understand the bitcoin cycle, of course we will continue to collect as much Bitcoin as possible. If anyone says it's too late I think it's wrong, the truth is to take advantage of today's circumstances to collect as much Bitcoin as possible. They just need courage and management if they want to invest in bitcoin. Even if they want to be investors they don't have to do much analysis. Because we know the bitcoin halving cycle has a tremendous effect on the bitcoin price.
qwertyup23
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April 22, 2022, 04:02:03 PM
 #26

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

Like what I mentioned to previous threads similar to this, the best time to invest into cryptocurrency is the time that you first discover its existence. Due to its inflationary value, its price is somehow bound to increase in the future- though this is still subject to several and different factors.

Preferably, I would recommend purchasing cryptocurrencies and HODL them for long-term to take advantage of its limited and fixed supply on the market. Imagine, its price skyrocketed nearly 1000%+ when its price first released on the market- its potential is limitless for investors like us.


R


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Cling18
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April 22, 2022, 04:17:45 PM
 #27

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

Bitcoin and other cryptocurrencies always offer lots of opportunities to earn so I don't think you're late for it. Bitcoin is still profitable even for newbies but you have to deal with its volatility so you'll know how to deal with every market situation so you'll know when to invest and when to make a profit. Bitcoin is for everyone as long as you know how it works then you could grab the opportunities that it offers.
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April 22, 2022, 04:20:33 PM
 #28

Actually, I'm not sure why practically every newbie has the same mindset and believes that it's too late to invest in bitcoin. Basically, Bitcoin has a very bright future that will last for a very long time; regardless of when you invest, returns will arrive because many people have taken Bitcoin and invested in it.
Because majority of them are more interested in getting rich quick and not in bitcoin and what it actually represents. So when they see the price of bitcoin being 40k+, they don't see a possibility to make quick x100 like they heard its possible in crypto and instead they buy one of those worthless memecoins or whatever type of shitcoin is a flavor of the month. Smarter of those that bought shitcoins realize their mistake and after getting rekted they focus on bitcoin while rest just give up and cry how crypto is a scam.


Imagine, its price skyrocketed nearly 1000%+ when its price first released on the market- its potential is limitless for investors like us.
I think that you are missing a couple of zeros. Grin

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April 22, 2022, 04:27:47 PM
 #29

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
If by the party you mean gaining 20x or more returns on one's long-term investment, then yes, I'd say you're late. It's not hard to see that over the years the price increased by fewer points than before. The distance between ATHs is getting smaller, and it's no surprise with a huge marketcap. I think a 10x long-term profit is still real, but nobody knows how many years it'll take. So it's not too late, of course, but the profits won't be the way they used to be in the early days. I think Bitcoin can hit a million at some point, but I don't think it'll hit a hundred million because there's a certain global economic limit to it (how much global economy is worth at a certain point in time).

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April 22, 2022, 04:42:01 PM
 #30

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
You are tormenting yourself over something that is completely outside of your control, so stop doing that and instead concentrate yourself on what you can actually do as that is something you can actually change.

And even if we were to accept your scenario in which bitcoin gets to half a million dollars for each coin, a growth that seems to be too slow, that is still a growth that is many times bigger than the average growth that you can see in the stock market, so I do not see the reason to complain about it

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April 22, 2022, 05:10:10 PM
 #31

If you look at the current Bitcoin price and compare it with the Bitcoin price in the past, of course you will feel pessimistic because the price increase is very high.
But if you look at the potential future price of Bitcoin by looking at its history of increasing its price every 4 years, then it's never too late to buy it now and keep it for years to come. In the future you probably won't feel as regretful as when you wrote this thread.
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April 22, 2022, 05:12:29 PM
 #32

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've heard people say that about Bitcoin, no way, too late, back to 2010-13 and so on, bottom line: complaints and fears about the current price of Bitcoin, it is impossible to restart it too late.

I have a different understanding from those who say 'too late', in fact I believe this is something new that must be done with Bitcoin 'it's never too late' if I understand it, Bitcoin prices are currently more profitable in the form of short term trading.

I mean this way, if you trade in Bitcoin and buy the price goes down for example $39,372 today and make a sell trade when the price goes up $41,000, you already have a profit within 2-3 days of $1,628, keep doing it like that and I'm sure many investors are doing that kind of strategy today, try to understand if you buy 4 Bitcoins, as I said, $6,512 in front of your eyes, the terms are capital.

For that it is never too late, if you understand and understand how to trade Bitcoin today.

R


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ethereumhunter
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April 22, 2022, 05:25:33 PM
 #33

I don't think it's too late to join bitcoin even though the bitcoin price is currently in the $30k-$40k range because there are still many people out there who haven't decided to join bitcoin yet. So it's better for you to take advantage of the present time by investing in bitcoin and saving it for a while.

Bitcoin will hit a high, and that high will be volatile in the future. So never feel that you are too late to join bitcoin.

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lornadane
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April 22, 2022, 05:52:37 PM
 #34

I don't think it's too late to join bitcoin even though the bitcoin price is currently in the $30k-$40k range because there are still many people out there who haven't decided to join bitcoin yet. So it's better for you to take advantage of the present time by investing in bitcoin and saving it for a while.

Bitcoin will hit a high, and that high will be volatile in the future. So never feel that you are too late to join bitcoin.

I agree with your opinion because it is never too late for those who want to be successful.
Moreover currently the price of bitcoin is still very cheap and this is the right time for us to collect bitcoins.
ShowOff
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April 22, 2022, 06:12:00 PM
 #35

Never worry about the past but worry about when you are not brave enough to make a decision when you are already in the early stages of becoming the next investor. You need to know that bitcoin will hit ATH further in the future even though today you have seen its price drop by more than 40% since November 2021.

Unfounded regret is when a 2022 newbie comes along and laments why they didn't exist in 2009, 2010 or before bitcoin had a 4 digit price. So just do what you believe will work for the future and don't think about what you've been through before.

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teosanru
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April 22, 2022, 06:19:55 PM
 #36

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
I think bitcoin obviously might not grow as exponentially now as it has grown from 2010 or maybe 2013, but is it going to go sideways forever? No, I don't think that too. I think it's just a phase of the whole cycle, and this thing always happens, bitcoin moves sideways then even touches the lowest points but then recollects itself and touches even greater heights, you might not see such big gains from bitcoin now like 50x-60x, but getting doubled tripled or even5x from here in next 3-4 years isn't a very tedious task for bitcoin to be honest, all it requires is huge whale accumulation and then huge adoption as well.
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April 22, 2022, 06:25:13 PM
 #37

What to repeat, we just need to go with the flow of what is happening in Bitcoin. Repeating will never happen, sorry is also pointless. Last year's Bitcoin holders will always be winners and we are never too late to have them.

Bitcoin can reach any price, but no one knows. You, me, and all of us always have regrets for not arriving earlier.

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Raflesia
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April 22, 2022, 06:42:22 PM
 #38

What to repeat, we just need to go with the flow of what is happening in Bitcoin. Repeating will never happen, sorry is also pointless. Last year's Bitcoin holders will always be winners and we are never too late to have them.

Bitcoin can reach any price, but no one knows. You, me, and all of us always have regrets for not arriving earlier.
It's true we don't need to regret it even I also know bitcoin from 2016 until now always forget what I had that year, even if I still have it maybe I'm a millionaire, but I never give up because the current will definitely keep going because of me optimistic bitcoin can be higher if you believe.

I am not a winner because I am not a coin holder in the past, but I always follow bitcoin price developments continuously and this is how I know what bitcoin really means.

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April 22, 2022, 06:43:23 PM
 #39

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

I can relate myself to you for not getting in early. I knew about Bitcoin last 2014 but I ignored it after not taking time to understand about it and cannot afford to invest a single dime there. 3 years later when BTC rose to $10k, I was thinking back then that I should've invested at least fractions of BTC back then at least. And then I regretted once again of selling my BTC too early when it was treading water around $12k only to find it mooning to as much as $30k, $60k, etc.

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April 22, 2022, 06:47:45 PM
 #40

If the price is found to be high or you're late to get into bitcoin investment, then it is the mistake of OP not knowing the market. The market moves were completely unpredictable. As the market is speculative, based on the real-time happenings related to the cryptocurrency make impact over the price. For all users who find bitcoin at the peak can analyse and find the altcoin that gives best return out of the investment.

New bitcoin users enter the market with good understanding, because in the past new users have an understanding that bitcoin is an easy rich scheme and doesn't know how it functions and all. Just believing in ones word people invested in it.
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