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Author Topic: Are new bitcoin users early or late to the party?  (Read 4047 times)
ultrloa
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September 22, 2022, 10:18:43 AM
 #241

it's never too late while bitcoin is still around, don't give up because of unclear news, everyone doesn't know what bitcoin will look like in the future, everything is just an estimate of the information and news they see, if your heart is moved to invest in bitcoin do not hesitate and if you are not sure better don't, the decision is in yourself, don't forget to learn and understand everything about the history of bitcoin until now.

Many newbies thought that bitcoin near to end when they see bearish condition because for sure they are affected to much on some shit coins they invest from the past where it didn't recover. But we are talking about bitcoin here where this is the strongest crypto exist and this dump is normal happening since for sure in future we can see a good price reversal once fuds fade out. Maybe for now we cannot see this to happen but for sure there's a huge chance for it to reach another ATH since this is been shown on its past histories.

R


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September 22, 2022, 10:34:25 AM
 #242

OP.

If you're still feeling that way then look at the market, it's so stagnant and likely to drop more within the next few days. While interest rates in the US are increasing.

It's very likely that the price of bitcoin will react on that negatively and that's why we're seeing the price of it crashing the entire crypto market as other altcoins are also falling.



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Rainbot
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September 22, 2022, 11:36:13 AM
 #243

I can tell you this: Less than 20000 dollars for a Bitcoin is nothing. Never think that you are late to party. Bitcoin has halving periods so its price moves up and down in cycles. Currently its affected by global crisis so its price is relatively low. So its actually good time to buy&enter. I personally don't sell any Bitcoins I have right now. I carry them in my wallet even. Experienced people knows what I mean, I don't say you should buy Bitcoin right now obviously, but I can safely say "you should NOT sell" if you own any.
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September 22, 2022, 12:11:36 PM
 #244

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

The opportunity that the early investor had was to be able to afford bitcoin because it was cheap. I think the opportunity they had then is still present,  bitcoin is in the cheap state now that anyone can afford it . This is the same opportunity the early investors had.
 
Buying Bitcoin at the price which bitcoin is will be of good gains, because if the market bulls we never know where the price is heading to, if it is an amount that will be high that some persons won't be able to afford  it that can be regrettable for not buying Bitcoin when it was cheap.

R


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September 22, 2022, 12:53:49 PM
 #245

I can tell you this: Less than 20000 dollars for a Bitcoin is nothing. Never think that you are late to party. Bitcoin has halving periods so its price moves up and down in cycles. Currently its affected by global crisis so its price is relatively low. So its actually good time to buy&enter. I personally don't sell any Bitcoins I have right now. I carry them in my wallet even. Experienced people knows what I mean, I don't say you should buy Bitcoin right now obviously, but I can safely say "you should NOT sell" if you own any.
you make the right choice if you don't sell your bitcoins for now and keep them for the long term. But your main target really you have to set, don't hold back for your life, you also need to take advantage. for now the price of bitcoin under $ 20,000 is still very cheap, and the current bitcoin crash provides an opportunity for everyone to start buying it. Remember that ATH is still at $60,000 and this could be a bargain in the future. Hold on and focus on the main goal, the important thing is not to use the money needed for other things.

As prices get lower, people are more afraid to buy because they are worried that Bitcoin will continue to fall and become worthless. I also learned from past events, where bitcoin hit its lowest point in late 2018 with a price of around $3000 and people were getting more and more away from it and I just watched it. so currently taking advantage of the bitcoin crash moment and preparing the money to buy it is the right choice.

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September 22, 2022, 01:12:39 PM
 #246

it's never too late while bitcoin is still around, don't give up because of unclear news, everyone doesn't know what bitcoin will look like in the future, everything is just an estimate of the information and news they see, if your heart is moved to invest in bitcoin do not hesitate and if you are not sure better don't, the decision is in yourself, don't forget to learn and understand everything about the history of bitcoin until now.
The advice you give is super good, especially for those who are still unsure about Bitcoin and for those who are new to Bitcoin. Because people who understand Bitcoin perfectly and have known Bitcoin for a long time, I think they will never walk away from Bitcoin and will keep investing in Bitcoin as long as they have the opportunity and ability at all times.

People who are affected by unclear news are those who do not have a solid foundation in mind for Bitcoin so it is easier to leave and stay away from Bitcoin, even though they are already in a better space, although it takes patience to get a profit.

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September 22, 2022, 09:31:02 PM
 #247

snip~

The opportunity that the early investor had was to be able to afford bitcoin because it was cheap. I think the opportunity they had then is still present,  bitcoin is in the cheap state now that anyone can afford it . This is the same opportunity the early investors had.
 
Buying Bitcoin at the price which bitcoin is will be of good gains, because if the market bulls we never know where the price is heading to, if it is an amount that will be high that some persons won't be able to afford  it that can be regrettable for not buying Bitcoin when it was cheap.
I'd see NO, if we compare the price 10 years ago, we can really see a big difference which I think that early investors had enjoyed buying 1 Bitcoin at a cheaper price which, unlike today, it was hard to accumulate 1 Bitcoin, unless if you are a rich person. Therefore, I would it was late already but never I say it was TOO LATE for we still have the chance to invest in Bitcoin. It only matters with time since it was impossible to bring back the price of Bitcoin 10 years ago. The most important is that we still have the chance to join the party and make part of this technology.

Bro if you just try to understand the Model of BTC then you would know how its never late to join the party in term of buying BTC juts think of it let me introduce an example as Its 1T capital in market value arround the 25k and then its 2.6T and Market value is arround 69k so now understand the total capital of 10T then so on one thing it is secondly understand the mining block rewards supply is going to be shorter the capital is going to be more Sustainable. I understand that now the buyers of 2010 cant be compared still you don't know how much returns BTC is going to give us in coming era.

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September 22, 2022, 09:37:14 PM
 #248

I feel like I'm too late ...

Bitcoin has a special rule:

Yes, you are late to the party ... to the previous party.
But you are early to the party ... to the next party ... that will come, for sure.


 Smiley
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September 23, 2022, 08:19:49 AM
 #249

When you think about miners for example, they were mining with a CPU in 2009, and getting 50 BTC per hit.

Now, you usually get shares, not a full block, but the thing is that the amount in fiat terms is similar to what a miner was getting in 2009. Actually early bitcoins were basically worthless in 2009 because you couldn't trade them for anything.

So, if you mine today, and wait a decade, that small amount could be worth a lot in 2032.

That means that there are continuous parties in the future, you just need to wait.

Also now there are also other alternatives to use Bitcoin with, like lightning, which is revolutionary and wasn't available in the early days.

More new things will exist in the future, making new parties.

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September 23, 2022, 09:42:11 AM
 #250

When you think about miners for example, they were mining with a CPU in 2009, and getting 50 BTC per hit.

Now, you usually get shares, not a full block, but the thing is that the amount in fiat terms is similar to what a miner was getting in 2009. Actually early bitcoins were basically worthless in 2009 because you couldn't trade them for anything.

So, if you mine today, and wait a decade, that small amount could be worth a lot in 2032.

That means that there are continuous parties in the future, you just need to wait.

Also now there are also other alternatives to use Bitcoin with, like lightning, which is revolutionary and wasn't available in the early days.

More new things will exist in the future, making new parties.
Well, what actually is the party we are talking about?
Buying low or buying high? or Selling low or Selling high? I'm not really sure what this party really means but maybe it was referring to the time that Bitcoin will reach its ATH. Well, in that part - I'd say that early investors are too lucky enough to have Bitcoin at a cheaper price. And these newcomers have no way to think that they are not late, of course, they are. But we never make use of this to think that we don't have the chance to accumulate more Bitcoins and earn a profit because the chances are still there, only we need to take risks and adopt the system.

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September 23, 2022, 03:46:49 PM
 #251

Quote
Quote
I feel like I'm too late ...

Bitcoin has a special rule:

Yes, you are late to the party ... to the previous party.
But you are early to the party ... to the next party ... that will come, for sure.
Since you are early to the party now to follow the rules and regulations that guide Bitcoin in the community, it will really help you to make what other Bitcoin users are making in the community. Since the old Bitcoin users are still experiencing bear market in the community, which is very good for new Bitcoin users to be part of this party to buy Bitcoin at a lower price and hold until the price of the market turn to bull before he or she can sell in the market to make profits.

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September 28, 2022, 09:15:13 AM
 #252

You are not too late to the party, it's still rather an early time to take a seat at the Bitcoin table.  It would have been life changing to have gotten in a decade ago but even now, it can still be life changing but will take some time.
there is never be a late in the party talking about Bitcoin investing , there are so many cases that that people thought it is late but after few months bitcoin take its hype and they blame themselves from being afraid taking the risk.
this currency is full of excitement and the best way to make money is invest and Hold for long term or at least 3-5 years again..
Generally you could very well say new bitcoin users are late for the party as you put it. The party has long begun and many users have come and gone when it was past curfew in the long time the party has been going on. The good news is that the party is still going on and everyone is always welcome.
It is obvious new users are late in delving into and using bitcoin but I think most users that started using bitcoin in its early phases probably quit and sold their coins and therefore didn’t see any real interest from the coin.
sorry mate but there is no such word as Late in crypto investment or using because this is the future of currencies and having this will always be our priority if we wanted to be with the future.

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September 28, 2022, 11:22:04 AM
 #253

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

In what other commodity could you expect your money to go 25 x in 20 years? That's quite a positive prediction.

You can start whenever you want because many crypto's are being created and between the 95% that is made to fail there are actually some good projects out there.
There is too much going on for not to find some interesting project. You can easily build a small business around crypto's. A whole new industry was fabricated since 2009 and it won't go away.
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September 28, 2022, 11:44:07 PM
 #254

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.

it's true that it's never too late to buy bitcoin, because even if you regret it won't produce anything, but if we collect bitcoins by buying if bitcoin experiences a decline, I think that's very good. and certainly will have good potential for the future.
If we do compare out Crypto potential earnings or profits than into those typical markets or investments like forex,stocks,bonds etc. then you would definitely able to make out some obvious comparison but of course
it does have that security and assurance issue.When it comes to potential then we do still have doubts and this is where other people will really be hesitating on dealing on it which is something
understandable.
Investing is never been late, some might really be just keeping on looking back into those potential profits if they had just get in early
but theres nothing we can do since past is past.We need to move forward and be wise on further actions to be made.

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September 29, 2022, 01:04:53 AM
 #255

When you think about miners for example, they were mining with a CPU in 2009, and getting 50 BTC per hit.

Now, you usually get shares, not a full block, but the thing is that the amount in fiat terms is similar to what a miner was getting in 2009. Actually early bitcoins were basically worthless in 2009 because you couldn't trade them for anything.

So, if you mine today, and wait a decade, that small amount could be worth a lot in 2032.

That means that there are continuous parties in the future, you just need to wait.

Also now there are also other alternatives to use Bitcoin with, like lightning, which is revolutionary and wasn't available in the early days.

More new things will exist in the future, making new parties.

It's never late to join the "Bitcoin party". The cryptocurrency constantly evolves, so it's hard to catch up with the latest developments on the industry. Those who get in now will be considered early adopters in the future. I'd say Bitcoin still hasn't reached the mainstream, even though its more popular than it was in its early days. Many experts have predicted a Bitcoin price of $1m in the future.

Besides, there are a lot of countries that are yet to approve Bitcoin as legal tender (or use it officially as an alternative to Fiat). It's hoped that El Salvador's move will encourage other countries to do the same. Once the world embraces Bitcoin as an alternative to Fiat, then "hyperbitcoinization" will be realized. Early adopters like us will surely become filthy rich if that happens. Bitcoin is just starting to blossom so I'd suggest anyone to buy it at a cheap price before it's too late. Just my opinion Smiley

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September 29, 2022, 01:36:19 AM
 #256

~snip~
It's never late to join the "Bitcoin party". The cryptocurrency constantly evolves, so it's hard to catch up with the latest developments on the industry. Those who get in now will be considered early adopters in the future. I'd say Bitcoin still hasn't reached the mainstream, even though its more popular than it was in its early days. Many experts have predicted a Bitcoin price of $1m in the future.

Besides, there are a lot of countries that are yet to approve Bitcoin as legal tender (or use it officially as an alternative to Fiat). It's hoped that El Salvador's move will encourage other countries to do the same. Once the world embraces Bitcoin as an alternative to Fiat, then "hyperbitcoinization" will be realized. Early adopters like us will surely become filthy rich if that happens. Bitcoin is just starting to blossom so I'd suggest anyone to buy it at a cheap price before it's too late. Just my opinion Smiley

There's already two countries in which Bitcoin is legal tender, El Salvador and Central African Republic.

This seems like a bit of a race against countries making CBDCs legal tender, like Bahama's Sand Dollar, Jamaica's Jam-Dex, and Nigeria's eNaira.

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September 29, 2022, 01:45:01 AM
 #257

Bitcoin is meant to be a global currency. Nobody thinks of Euro adopters as being early or late. You can never be too late in adopting a new financial instrument. There is some possibility that you'll make a substantial profit but this is not guaranteed. All you can hope for is that more people will understand the benefits of using Bitcoin and greater adoption will be beneficial to everyone, not just the ones who were early.

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September 29, 2022, 03:48:53 AM
 #258

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
look at the journey of bitcoin since 2009 until this year always provides a very extraordinary ATH price. so there is no delay to join invest in bitcoin.
don't hesitate to invest in bitcoin for the long term as long as you already have the basics of investing in bitcoin it all looks good. we all here firmly believe that bitcoin in the future will continue to provide a party place for investors who have believed in bitcoin when the bull season comes again.
this is your start to join in the next party dude

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October 19, 2022, 07:58:09 AM
 #259

The correct time is now. It might be late for many, but it is worth considering now rather than waiting until later than now. Bitcoin's value will increase over time.
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October 19, 2022, 08:08:22 AM
 #260

Bitcoin is meant to be a global currency. Nobody thinks of Euro adopters as being early or late. You can never be too late in adopting a new financial instrument. There is some possibility that you'll make a substantial profit but this is not guaranteed. All you can hope for is that more people will understand the benefits of using Bitcoin and greater adoption will be beneficial to everyone, not just the ones who were early.
I believe the reason why we keep seeing people asking this particular question is that people are only focusing on the profit side of Bitcoin investment which I also believe has kind of dominated Bitcoin with new investors. They believe those that knew about Bitcoin earlier and did invest or got into Bitcoin mining then would have been the most successful ones today in terms of Profit Value which might not be possible with new investors today. 
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