Are new bitcoin users early or late to the party?

[bearexin]

In my opinion I will say, "No new bitcoin users  are not late or early for investment". Because the current market situation is in dip. I think this is the perfect time for investment . And in this Crypto world if you can  analysis and read market situation Then you can make money anytime and there will be no time table for your investment.

Whenever it dips, that's always the call for buying and is labeled as a good time to buy. We'll always be in that situation as we are long term holders here. It's the discouragement that people feel whenever they see the charts but they're not optimistic about the future of it.
If they compare that it could happen again in the next few years to come, they'll not tell that they're too late already. But the balls of them are moving back because it is uncertain and speculative.

It is not easy to do, it may be easy to say but for most newbies it is not easy to do what you are saying. I have been a newbie once upon a time and when I saw it going down, instead of buying more, I ended up selling because I was afraid. I knew that I should have bought more, not like I was a newbie who had no idea and just got scared away and run away, I was still around after I sold, that wasn't the problem.

The problem was the fact that we are talking about how we could change something and I failed to do that. I personally believe that we should be a bit more careful about our feelings when trading and most newbies are failing at that part, even if they know what they should do, they may still end up failing to do it.

[fullhdpixel]

Bitcoin values still not stable and changed nowadays looks worry for the beginner not have based on their expectation, maybe when investing on bitcoin and price drop their mentality is not ready. Maybe still not late enter on crypto but always waiting with lower price for investing, don't worry without achievement profit on daily day but how keep consistent profit weekly without to be long term investor after price drop and need waiting more than two or four months later to get profit.

Beginners will always end up being overtly scared of every single volatile movement, that is going to change the more they see it because they will eventually get used to it. Having daily profit would be impossible for the long term as well, I mean you could profit for a day, a week, or maybe even a month if you are lucky and a veteran but eventually you will lose, nobody should be focusing on making a profit every day.

Long term investors thrive in that situation, I have been holding bitcoin so long that even if it drops to 20k I will still be in profit and that is what I love about bitcoin, it is a long term appreciating asset.

[Synchronice]

Today is not the first time we heard about bitcoin, we are hearing words Bitcoin and Cryptocurrencies for years in media, tv, newspapers, and where not. Some people heard about bitcoin in 2015, did nothing, then they and some other people heard again in 2016, did nothing, this trend continues with the hope that it's a bubble that will bust and everyone who invested in bitcoins will be fucked. Seriously, people around me were obsessed with this thought. People were always saying it's too late to invest in it but as this fucking chart shows it was never late.
Didn't you notice one important thing? Bitcoin's price always rises after halving. Halving means that every four years you earn 1/2 reward of the mined block. It divides and divides every four years.
Now, reminder:
Only three out of the 32 bitcoin halvings have occurred, do you really think that it's late to the party?

[Webetcoins]

btc value is not cheap anymore but no because there are more to come in the btc's value. Don't regret if you haven't joined early because the ath or the increase before was cheaper than the ath/standard price now and I believe that most people already sold their coins because they don't know what the future awaits with btc and they are already happy seeing those price. Majority of those people are the same as you, they started with a new investment again.

For you to be able to see the same gains on 2010, 2013, and 2017, the price must dump heavily first but I don't think that was possible. The lowest we can get right now is only 30k.

I would say that if you end up buying at closer to bottom and sell at closer to peak each time it happens, it happens like once a year and you could easily double your money at the very least when it happens. Imagine having a 2x every single year, of course it is not easy to do that, but the question is not "is it easy to make money" it is if it is possible and I would say that it is possible.

Anyone who joins bitcoin today, and doubles their money that way every year, then they are going to end up making money which would be getting them wealthy in a decade or so. So nobody is too late, they may not be great traders and cause them to not make money enough, but they are not late, that won't be the reason.

[Yamifoud]

Beginners will always end up being overtly scared of every single volatile movement, that is going to change the more they see it because they will eventually get used to it. Having daily profit would be impossible for the long term as well, I mean you could profit for a day, a week, or maybe even a month if you are lucky and a veteran but eventually you will lose, nobody should be focusing on making a profit every day.

Investing is different from a day trader that we could expect either losses or profit every day. Investors will look for long-term results, not daily. That is why even to say they are latecomers, doesn't mean they are also late for the party. The value of Bitcoin fluctuates, the volatility of the markets will somehow give us latecomers to take the opportunity of buying at a cheaper price and earn selling at its peak. This is the beauty of the crypto market, everyone has given the chance but yes, the outcomes vary on how we manage our investment.

[n0ne]

If we think that we're late to the usage of bitcoin, then it is wrong understanding about the market. According to me, the market will showcase everything available. It is us to decide and buy it. The market is bullish for a long and now it has turned bearish. Probably this trend will continue for some time period. So, users can use it to fill their bags.

[abel1337]

I thought of myself also late in bitcoin, I've started or hearing things about bitcoin few years after bitcoin was invented so I might actually be late but guess what If we tell people today that I've started using bitcoin that year they will be amaze how early I am. It would be the same as today. In the future people who just got started will tell themselves they are late and the people who just started this year can tell that they are early. Speculatively Bitcoin might be our future leading currency, well nobody knows so we might actually use bitcoin for a really really long time.

[nullama]

If you think about it, the reasons why the price of Bitcoin, and more importantly the purchasing power of it, has continued to go up over the years remain valid today, and into the future.

Bitcoin has a limited supply, and every year there's more and more demand for it. This will probably continue to happen.

People were saying the same when Bitcoin was priced at $1k, and at every other milestone. It will always feel like it's too expensive because it's an ever appreciating asset. It's designed to be like that.

[Fortify]

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 are still peaks and troughs in the price that you could make you money, but its high risk for relatively low reward. Maybe it's good to hold some in a balanced portfolio of investments (e.g. property, stocks, precious metals). The total market cap of bitcoin is so large already that it will take a huge amount of money to double in price again.

[Ebede]

Anyone that missed out when BTC was around $1 is definitely late to the party because that would have been the best time to get in,
But there are still huge opportunity to new BTC users currently coming into the market if we a look at future price of btc according to plan B. If that becomes possibility , it means that the new users would no longer be seen as entering late to btc market.

That is what makes some of you to be greedy in altcoins investment, no how bitcoin will increase and also come down that will make you not to make your own gain when you buy 1$ or $10 now is same thing. what you have to do is to buy when you have the money and you will still make your Profit at time

[TheNineClub]

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 no late or early because it all depends on your goals and why you have BTC anyway. If you look at it from a perspective where you could have bought BTC for 100$ a pop, then yeah, you are late. But if you are ''banking'' on BTC in the future and the potential prospect that comes with disruptive technologies like this, then there is much more ahead. Maybe not in value in money but value for human developement.

[Jody.Drummer]

If you feel it's too late because of that, then indeed you will never enter here now and when you enter here and feel that you are still in now and not from a few years ago, it means that you are not meant to be here, because indeed you are only focused on the past. alone and always in doubt about the future in the present.

it's better if you really want to invest in bitcoin then you really have to change your mindset now

[mr.vivalavida]

It´s never too late to buy bitcoin. It´s not only about the profit, is a revolution against the current banking system and the way how fiat currencies are printed by governments.

[Judy Bishop]

It is not too late. In fact, most people do not understand bitcoin and other cryptocurrencies completely. So even if you are just beginning your journey, it’s not too late. Explore the possibilities of digital currencies.

[bakasabo]

Bitcoin is yet not familiar to every person on the Earth. Besides, Bitcoin is still young, compared to other currencies and payment options. That indicates, that is not late to get involved in cryptocurrency. On the other hand, take a look on gold - it has been used for payment, as investment and etc for thousand years and people continue to buy it. If it is not late for gold, then joining Bitcoin party is a must.

[rdbase]

I would tell anyone who is contemplating on whether or not it is too late to get into it,
It is certainly not.
If you think about how it was over $67k for it's all time high late last year. Then you can say it is half way to that point and could reach it again.
When that will be is anyone's guess.
But dollar cost average your buys everytime you have some spare change and you have a strategy to get still get in and not be left out.

[yayayo]

So you are referring to the price of Bitcoin? Yes they may be late for that to acquire cheaper Bitcoin but they can still join and use the Bitcoin as many company and people are now accepting it as a payment method and I am sure they are still not late in joining in Bitcoin community and use it as an alternative to fiat.

ya.ya.yo!

[Cryptomiles1]

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 what comes out from anyone who got recent knowledge about Bitcoin maybe some were opportune to have it but then seeing as scam or something not real they could acquired leaving them in a regret at last. in as much the world still exist the bitcoin price will still keep increasing no doubt about it. You can still buy now before regret more in next 2 to 6 years time.

[Oasisman]

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 you're not really meant for crypto. Don't push yourself into buying Bitcoin because honestly, nobody knows how much does Bitcoin priced in the next coming years.
Though you can have it long term for 20 years, but If your mindset still as weak as what you have right now, you'll probably gonna just panic and cashout during sharp dips and prolonged bearish period like the 2018 or worse.
If you don't have the right risk appetite, better just keep your money and invest it into something you think you sure of making good profit.

[Oluwa-btc]

Bitcoin still hasn't gone widespread and global adoption, so in my own view about it you should make sure you utilize the chances you have of buying the dip whenever so you can hold for much longer periods.
No! Newbie's and early Bitcoin user's aren't late to at all, you just have to ensure your are doing the right thing, don't be scared to buy Bitcoin and Hold. But if you want to make profits you can also go invest in some alternative coins. I think the price of Bitcoin will sure appreciate in couple if years ahead, so, Hold so as to be part of those enjoying the financial freedom now and in the future!