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Author Topic: Are new bitcoin users early or late to the party?  (Read 4124 times)
FatFork
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April 22, 2022, 07:45:39 PM
 #41

I am frequently asked the same question: "Is it too late to invest in bitcoin?".  The reality is it's never too late to invest in bitcoin. The important thing is to remember the fundamentals of investing in cryptocurrencies:
1) Focus on the long-term
2) Balance your portfolio
3) Create a plan of action
4) Know your limit
5) Prepare for a worst-case scenario

The best way to invest in cryptocurrencies is with a long-term focus. Most bitcoin holders became rich without ever touching the coins or doing anything. The reason? They knew the value of bitcoin would continue to increase, and they were patient. Regardless of what you decide, stick to the well-known rule: Never invest more than you can afford to lose.

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carlfebz2
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April 22, 2022, 09:17:09 PM
 #42

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
Too late to regret and it would be stressful if you do mind off about on missing out those golden opportunity on making yourself get in too early.Lots of us does have that kind of regret because we didnt able to know

bitcoin on early years because if we do then we would really be rich as of this moment.For now its not really too late for us to engage on even though we cant earn 2x-100x or something
thats why dont expect that much.

Nothing is predictable on this market thats why missing out opportunity is very that common.

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April 22, 2022, 10:39:51 PM
 #43

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 agree that people who got in at 20k felt like they were late as well, people in 2018 all imagined they were too late and they missed it. Price hit back to under 4k after that, and reached to 68k, that is like 16x bigger amount if I am not wrong. That is proof enough that you are never late if you know how to invest.

Buy low and sell high, keep doing that and you will gain a lot of money .There isn't just bitcoin neither, keep doing this with like 10 coins and you should be fine. Learn the lows and the highs of coins and where it could go down and where the support is and then where the resistance is and you could basically make a good amount of money in a few years.

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April 22, 2022, 10:42:44 PM
 #44

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 you know bitcoin well, you will never have to think whether you are too early or too late to invest. Bitcoin will always be a profitable investment because of its appreciating value, its just that you have to take the risk and be more patient from long term hodling while waiting for the best time to sell. I suggest have a positive mindset so you can start your move now and be profitable in the future.


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April 22, 2022, 11:02:20 PM
 #45

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 you know bitcoin well, you will never have to think whether you are too early or too late to invest. Bitcoin will always be a profitable investment because of its appreciating value, its just that you have to take the risk and be more patient from long term hodling while waiting for the best time to sell. I suggest have a positive mindset so you can start your move now and be profitable in the future.
^ Definitely right, BTC adoption has been continued day by day, and for sure the demand was always been increased and as the concept of determining the price was depends on the demand and supply which means more in demand the price becomes very expensive. So my answer is there is no need to worry if you are late or too early, as long as your invested and have a profit then that is good enough. However, BTC is not means of getting a profit, the real use of BTC is to have an e-payment system in which we have control of our funds. But I understand if they use BTC to store value then using this as a currency is the real goal of the BTC.
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April 22, 2022, 11:12:39 PM
 #46

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
Coming late into crypto shouldn't be a cause to worry about afterall there are many opportunities abound in the cryptocurrencies market, you can stalk your coins to earn some profits, you can as well embark on trading, mining and work as a programmer as well as a bounty hunter especially article writing e.t c all those jobs can provide a steady income for any crypto enthusiasts, though it's good to have been involved earlier, however that should not deter anyone that is willing to be involved in cryptocurrencies.

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April 22, 2022, 11:57:07 PM
 #47

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 you know bitcoin well, you will never have to think whether you are too early or too late to invest. Bitcoin will always be a profitable investment because of its appreciating value, its just that you have to take the risk and be more patient from long term hodling while waiting for the best time to sell. I suggest have a positive mindset so you can start your move now and be profitable in the future.
Well said, and it is upto the users. If they think it is late to the party, and look for an opportunity then once again they're gonna delay their entry into the market. Further this will make them feel, looking upon the progress of the market. As mentioned always have a positive mindset when you make an investment, particularly into cryptocurrency. Choose the right one and invest. When you don't feel bad investing on the inflated currencies, feel comfortable investing on bitcoin and top cryptocurrencies.

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April 23, 2022, 02:24:38 AM
 #48


[/quote]
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.
[/quote]

As much as it is not a pyramid scheme and smartness has a long way to in turning out the outcomes
Lets us not dispute the fact that getting into the bitcoin space 7 years ago wouldn’t have been advantageous. Of course it would.
Myself Being a new on the crypto space I still feel I’m late.
Not like I didn’t get to hear about it earlier  but negligence which i do regret at till now. But we’re here and here we are since there’s said to be no late comer.
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April 23, 2022, 03:11:29 AM
 #49

It's not too late to invest in bitcoin now, you will regret it in 5 years as the value of bitcoin will continue to soar in the years to come so invest now instead of thinking that bitcoin is no longer an opportunity. We cannot compare with those who have invested since the first years of bitcoin, investing from now on we get less rewards but it will be safer than in the early days. Assuming you knew about bitcoin earlier, i think you would be as hesitant and apprehensive about investing in bitcoin as you are now.

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April 23, 2022, 05:19:36 AM
 #50

Let's start by telling you that you were late to raise your concern OP, because every so often someone asks the question that in your spontaneity you manifest as novel.

You know how many and varied opportunities escape you daily, some will not even reach your ears, so live in the present, accommodate yourself as best you can with bitcoin, today.

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April 23, 2022, 05:38:57 AM
 #51

My advice to you, invest what you can afford. There is no need to wallow in regrets while you can still do something now, nobody can tell you how high the price of btc will be in 2 or 20 years to come, but if you look at btc price history (which you are already familiar with) you will get the picture.
If you are not too impatient, perhaps you will benefit in the the long term.

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April 23, 2022, 05:43:46 AM
 #52

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 am not in crypto from its very days but read many times that people said its too late now to invest in bitcoin when it was at 100$ and 1000$. There is no certainty that current ATH is the last one and bitcoin can't cross that anymore. Imagine how would you feel if bitcoin reaches 100,000$ by current or next year. Just DYOR and invest.
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April 23, 2022, 06:03:29 AM
Last edit: April 23, 2022, 06:21:06 AM by acroman08
 #53

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|
you know, a lot of people thought the same thing in those days.

Will btc ever hit a million? Or hundred million?
who knows, no one can tell whether will bitcoin reach that much.

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's really no point in regretting, you are just punishing yourself for no reason. if you want to experience what they experienced, you gotta take a risk and hodl.

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April 23, 2022, 06:36:24 AM
 #54


I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|
Why? is bitcoin is so stable that it won't reach another its ATH? no one knows really. These are some similar thoughts of the people the past 4 years, where bitcoin reach ATH at 20k then boom, just stay in 3k for several months, and then look now, it even doubled and tripled as price almost breaks the 70k barrier.

If you really want to risk, invest what you can afford to lose an see it for yourself in the next 5 years.

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April 23, 2022, 09:57:28 AM
 #55


I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|
Why? is bitcoin is so stable that it won't reach another its ATH? no one knows really. These are some similar thoughts of the people the past 4 years, where bitcoin reach ATH at 20k then boom, just stay in 3k for several months, and then look now, it even doubled and tripled as price almost breaks the 70k barrier.

The value of Bitcoin is increasing almost every year, almost every Bullrun. I could assume that OP isn't aware of this, he did close the chance and think negatively.

I won't be supposed to look back on those years as OP mentioned as it never affects how we predict the future coz whether we like it or it now, the market won't go back. I'm certain that the Bitcoin price will be grown high many times as the journey continues and that was wrong to think we are late or we are too late. That only decline our opportunities here.
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April 23, 2022, 10:21:47 AM
 #56

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 seem so frustrated that you missed 2013, but complaining about the past won't do you any good even if you kick yourself in the head every night. You need to know that it is never too late unless you have never started cryptocurrency activity. Hurry up to start a new step because every Bitcoin profit is time dependent and if you keep BTC in hardware from now on then you see it for 10 years later.
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April 23, 2022, 11:17:15 AM
 #57

I feel like I'm too late and the btc price is literally just gonna go sideways forever.

Side way as how? All you have to know is that going into bitcoin is never too late till now, why is because if we consider how it has started down from the scratch to have made it this far, then I think there are more futures ahead yet unveiled and it will do good if you also cease such opportunity starting from now.

Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

Its possible, but don't sit down to watch this happening, be part of it happening, if you've been investing on liabilities and fiat then it high time to go into bitcoin.

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

Talking about all time high (ATH), this has happened before on the account of multiple times as you've stated and will still set another record sooner.

Will btc ever hit a million? Or hundred million?

It seems you're more of spectator than an investor but you need to be positive since you also have the records of tremendous events of the past you, i think the results have answers to this.

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

This same thing some people would have said back then that they wish to have started since the onset of the launch in 2009, you have to understand that in digital cryptocurrency like bitcoin, no time is too late for a start.

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April 23, 2022, 11:23:40 AM
 #58

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 agree that people who got in at 20k felt like they were late as well, people in 2018 all imagined they were too late and they missed it. Price hit back to under 4k after that, and reached to 68k, that is like 16x bigger amount if I am not wrong. That is proof enough that you are never late if you know how to invest.

Buy low and sell high, keep doing that and you will gain a lot of money .There isn't just bitcoin neither, keep doing this with like 10 coins and you should be fine. Learn the lows and the highs of coins and where it could go down and where the support is and then where the resistance is and you could basically make a good amount of money in a few years.
The lowest was $3k and people have thought that it will continue to go down and they even waited for a lower price before they buy. That's always the thing and mindset of many.
They think that the price is quite high and they'll wait for a little bit longer. And when the price rises, they'll even wait for it until it goes down. It's hard to tell what they have in their goals.

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xSkylarx
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April 23, 2022, 11:33:56 AM
 #59

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 am not in crypto from its very days but read many times that people said its too late now to invest in bitcoin when it was at 100$ and 1000$. There is no certainty that current ATH is the last one and bitcoin can't cross that anymore. Imagine how would you feel if bitcoin reaches 100,000$ by current or next year. Just DYOR and invest.

I agree to this. I noticed that before, a lot of people were saying that they were too late because the price had already hit $100, but they were wrong because the price hit more. It is not too late because we really do know where the price will reach, so what is really best is to invest what you can afford to lose, but as you can see, Bitcoin has a bright future. It is just a matter of where you bought it, how long you held it, and also if you can control your emotions when the price drops.
mayfair_coin
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April 23, 2022, 12:01:00 PM
 #60

"Its never too late for something", like George Eliot said once.One can invest in BTC whenever they feel like but he or she should have a good knowledge of market and must have done market making (MM) before. Investing small amounts at first will be suitable and after you got a strong hand in it you can risk big money but there is no delay means whenever you feel like buying BTC you can go for it. Many companies and startups have grown recently with the help of Bitcoin after all they know that it is the currency of next generation of the world!
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