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Author Topic: Are new bitcoin users early or late to the party?  (Read 4047 times)
eddie.gouws
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October 19, 2022, 11:42:47 AM
 #261

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 really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!
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nara1892
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October 19, 2022, 05:06:18 PM
 #262

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 really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!
No one is late to bitcoin even though most of them think it's too late because they see the bitcoin price at the beginning and what is happening now, of course it becomes a regret (if you look at the financial advantage). But if speaking as a whole it is never too late, it is clear this is an asset created for the future and that future is not just now but beyond.
My advice is not to always look at the profit side of money, but to look wider than that. It would be a shame to only see it from one side.

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October 19, 2022, 10:58:25 PM
 #263

~snip~
It really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!

Since Bitcoin started in 2009 publicly, then that makes it 13 years old. So, yeah, new users are dealing with a more mature Bitcoin than a decade ago.

But there's also the fact that because of its maturity, that meas it's safer to say that it will stay here for a long time.

Basically the longer something exists, the larger probability it has to continue existing.

Also, the fundamentals of Bitcoin haven't changed, so that makes it a great investment, independent of when you start investing in it.

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laurenB7742
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October 20, 2022, 12:09:59 AM
 #264

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 really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!
No one is late to bitcoin even though most of them think it's too late because they see the bitcoin price at the beginning and what is happening now, of course it becomes a regret (if you look at the financial advantage). But if speaking as a whole it is never too late, it is clear this is an asset created for the future and that future is not just now but beyond.
My advice is not to always look at the profit side of money, but to look wider than that. It would be a shame to only see it from one side.

It is because of the thought that it is too late to invest in bitcoin that most newbies to the market are looking for altcoins to invest in in the hope that there will be an altcoin like bitcoin. But sadly no altcoins can do that and make newbies lose, thus making them lose faith in bitcoin and crypto.

If we compare the current bitcoin price with the early days it is true that bitcoin has increased by thousands of percent but if we look at the era of cryptocurrency, the bitcoin revolution has only just begun and we still have a long way to go. So it must be said that it is still early to invest in bitcoin.

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October 20, 2022, 01:37:08 AM
 #265

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.

Yes. But the vast majority of the world's countries are still skeptical about Bitcoin (especially with their high energy usage concerns). Bitcoin's price is volatile anyways, so not everyone will find it an attractive alternative to popular Fiat currencies such as the US Dollar or the Euro. What we've seen so far is that developing countries are adopting Bitcoin to try to save their economies. Don't expect developed countries like the US and those in the EU bloc to do the same since their economies are doing well (compared to developing countries, of course). I'd say we're still early to the party because Bitcoin hasn't reached the masses yet.

There are a lot of people who haven't heard about or used Bitcoin before in their lives. Maybe CBDCs will give Bitcoin the "publicity" it needs to become adopted by almost everyone worldwide? The blockchain can already scale to millions of users with its Layer-Two scaling solution called "The Lightning Network". Volatility would no longer be an issue if people start paying for goods and services directly in Bitcoin regardless of its Fiat value. Governments are slowly recognizing Bitcoin as a new asset class, so it should only be a matter of time before the pioneer cryptocurrency reaches the entire world. Who knows if we become the next Bitcoin millionaires someday? Just my opinion Smiley

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October 20, 2022, 02:49:54 AM
 #266

One day everyone will learn how to use Bitcoin. And then everyone will regret that they could not learn how to use Bitcoin earlier. Now new Bitcoin users say the same thing. And these regrets will remain until Bitcoin is adopted in all countries. But Bitcoin will be available in all countries very soon. So before we regret it, we should learn how to use Bitcoin.

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October 20, 2022, 04:52:57 AM
Merited by fillippone (3)
 #267

Never too late to start something. You can still achieve your dreams, desires and ideals even though time cannot be turned back into the past. Never assume your chances are getting smaller because it's too late, if you continue to think like that, you will actually harbor various kinds of disappointments.

You are never late to do something when you want and can do it right now, not later or tomorrow, but right now. Your dreams will not go anywhere, they will only continue to cross your mind and follow you wherever you go if you don't make it happen soon.

Don't waste the time and opportunity you have now, chase your dreams and make your life more meaningful. The path to success can still be found as long as you never stop looking for the best time to get some Bitcoin shards.

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October 20, 2022, 09:26:57 AM
 #268

Warren Buffet said something along the lines of "The best time to invest is 20 years ago, the second best is now." And I live to that quote whenever I feel like I'm FOMOing on a project or a token. I do not need to feel regret over not investing on a thing that I just brushed off years ago, although that doesn't warrant me not feeling anything about it at all. For me, it is fine if you are subjectively late or whatever when it comes to cryptocurrency investing. As a trader that just started a year ago could make as much money as someone who started from 5 years before the former provided that he's smart and is able to weigh in on his decisions.
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October 20, 2022, 09:53:44 AM
 #269

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 really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!

Yes, it depends but if you're that someone who thinks that you are already late for the party then nobody could argue you about that because you already believed that you're already late. But of you think the opposite, it's not really late at all, in fact, bitcoin has been giving us chances to keep up with the time and opportunity that we once lost, like now, it's been selling at 60% to 70% discounted rate from its last ETH.

So, my friend it's not yet too late. And also, bitcoin bitcoin has not been around for only 8 years, fact is, it's been already over a decade.

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October 20, 2022, 10:03:21 AM
 #270

People love to compare Bitcoin with gold, so lets take gold as an example. Is it late to mine gold nowadays? The answer would be no, as this metal is highly demanded and does not lose value. Similar is with Bitcoin. As long as there is demand, it wont be late to join party. As long as people manage to earn through Bitcoin trading, it wont be late to join party. People are jealous of loosing opportunity to mine when they had cheap electricity, GPU cost low and mining wasnt that difficult. Why dont those people be jealous for not buying property or land, when their cost was low?

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October 20, 2022, 10:07:13 AM
 #271

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 really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!

Yes, it depends but if you're that someone who thinks that you are already late for the party then nobody could argue you about that because you already believed that you're already late. But of you think the opposite, it's not really late at all, in fact, bitcoin has been giving us chances to keep up with the time and opportunity that we once lost, like now, it's been selling at 60% to 70% discounted rate from its last ETH.

So, my friend it's not yet too late. And also, bitcoin bitcoin has not been around for only 8 years, fact is, it's been already over a decade.

I think it's not too late, now is the best time. For example, if we had a chance to know bitcoin from the early days, we would not have joined the bitcoin party at that time because bitcoin back then was nothing and the risk was almost 99% so we wouldn't want to take the risk. But with everything becoming clear and time-tested, in my opinion now is the most appropriate time and just looking at the developments can see the price of bitcoin will not stop at 100k or 300k. I believe BTC will be much higher if it is widely accepted.

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nara1892
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October 20, 2022, 03:53:14 PM
 #272

No one is late to bitcoin even though most of them think it's too late because they see the bitcoin price at the beginning and what is happening now, of course it becomes a regret (if you look at the financial advantage). But if speaking as a whole it is never too late, it is clear this is an asset created for the future and that future is not just now but beyond.
My advice is not to always look at the profit side of money, but to look wider than that. It would be a shame to only see it from one side.

It is because of the thought that it is too late to invest in bitcoin that most newbies to the market are looking for altcoins to invest in in the hope that there will be an altcoin like bitcoin. But sadly no altcoins can do that and make newbies lose, thus making them lose faith in bitcoin and crypto.

If we compare the current bitcoin price with the early days it is true that bitcoin has increased by thousands of percent but if we look at the era of cryptocurrency, the bitcoin revolution has only just begun and we still have a long way to go. So it must be said that it is still early to invest in bitcoin.
This is the obstacle and of course this is wrong.
Looking for alternatives by hoping that there will be the same thing as bitcoin, it is clear that this will actually lead them to fall into the trap of finally looking for pump and dump coins which makes them even worse and losers.

This is actually a pretty good thing because we are still given a pretty big discount if we look in the mirror from the previous ATH.
Regardless of whether it's still bearish or not, of course it's not too wrong if we pay back from now on so that when they are bullish we don't lag behind.

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tjtonmoy
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October 20, 2022, 04:17:28 PM
 #273

Sideways or not, I don't care. BTC will gain more in the future we all know that. Not early nor late. We are at a stable situation so anyone entering this market will make profit in the long run for sure. If you are a long term holder then you should never think about being early or late. Every moment is an opportunity. We just have to grab that opportunity.
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October 23, 2022, 12:19:13 PM
Merited by omone1 (1)
 #274

I will reply to you with a “joke” you must have heard:
2010: "Bitcorns?"
2011: "No one uses it"
2012: "Only nerds use it"
2013: "Only criminals use it"
2014: "Only libertarians use it"
2017: "Only speculators use it"
2020: "Only a few companies use it"
2021: "Only a few countries use it"
I guess you catch the tendency 😉
Maestro75
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October 23, 2022, 02:19:13 PM
 #275

In bitcoin, early or late doesn’t matter: Your analysis and the ability to follow news properly matters the most. If someone came early that doesn’t mean they will earn more profits.

Only those who buy and sell will look at analysis before buying and it will not matter to them if they are early or not. But those who hold are those who look at whether they early or late. Early holders made so much money from bitcoin. Today, anyone can also develop the early adopters mentality too by buying and holding for long term without selling. Four years from 2022 bitcoin will never be this low again. Many people will doubt it but that is what will eventually happen.
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October 24, 2022, 05:48:40 AM
 #276

These days are the best of days to invest your spare money in bitcoin, historically bitcoin always bounces back to a new ATH after a crash from a new ATH to a lower low. When BTC was at $65k, people prayed to buy low and now it's at low, people are scared of taking the risk. Humans will always be humans. People will FOMO at $85k.
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October 24, 2022, 09:15:33 AM
 #277

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 are to learn from our mistakes by doing what went wrong then right. Newbies are not late to bitcoin investment, this is the best time to buy bitcoin in its bear market, bitcoin price will hit the bull market just the way the price as been going up and down. So if you regretted then,there is still an opportunity for you, coming late or early don't count in business but it will still be profitable if you have the proper knowledge of it. The price shouldn't discourage you because Bitcoin is cyclic. This was what you didn't understand way back 20013 that you ignored it. About hitting a million, nobody maybe in twenty years time nobody can give proof of the exact amount it will reach.


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ChiNgadOr
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October 25, 2022, 08:57:16 PM
 #278

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 just have to relax and chill because the crypto market is down giving everyone equal opportunity to buy at the dip again before the price of Bitcoin starting going bullish again. It is clear that many investors that bought Bitcoin at a very low price are lucky and are in big profits now but we don't have to stress ourselves or worry too much because the market will never keeping going upward forever. It do come down to give us opportunity to buy again and join the bull train that will kick start any moment from now. The opportunity keep coming every time for those that can see for themselves.

┌∩┐(◕_◕) ┌∩┐ Not your keys, not your coins. Binance (and any other CEX) can fuck off ┌∩┐(◕_◕) ┌∩┐
nullama
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October 25, 2022, 10:30:54 PM
 #279

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 focus on creating something of value (goods or services) instead of thinking about the past, you will end up being as rich as you want.

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Mahanton
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October 25, 2022, 11:53:21 PM
 #280

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 focus on creating something of value (goods or services) instead of thinking about the past, you will end up being as rich as you want.
Easy to say but it would really be that hard for you to do on on to mind off about into those things that happened in the past.It cant really be avoided not for you to see yourself
that what if you have accumulated and buy lots then you would really be having those thinking on being rich, right? We could literally say that we had just missed out the train
but just on what most people been saying that its not really that late to the party.We could still make money but we shouldnt expect or make ourselves believe
that we would make money the same when we do enter earlier.There's difference but we should accept and move on.

R


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