Too late to start?

[fauzan Ichsan]

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No you are not late, just imagine many other banks still did not accept bitcoin as well as the government so don't worry you are early. We are expecting for more projects to be born and pump next year as we will are having another halving so you don't need to worry about it. Just invest in crypto but make sure it is well researched and it will not run soon.

for now it is not too late to get to know and learn about bitcoin, there is still the possibility of getting profit from investing in bitcoin, on the other hand the bullish season has not yet come and it is an opportunity to be able to welcome it, especially now that bitcoin is showing its performance not experiencing a crash again and surviving in the area $28k. hopefully this bodes well

[MIner1448]

It is never too late to start investing in cryptocurrencies, but it is important to understand that cryptocurrencies carry a high level of risk and that investing in them may not be for everyone.
If you decide to start investing in cryptocurrencies, there are a few important things to consider:
1.Study the market, before you start investing in cryptocurrencies, study the market and the basic concepts. This will help you better understand how the market works and make more informed investment decisions.
2.Develop a strategy, define your goals, risk level and investment volume, and choose the right strategy. For example, you may decide to invest long term using a "hold and forget" strategy, or you may choose to take a more proactive approach, trying to capitalize on price fluctuations.
3.Use secure platforms
4. Be prepared for price fluctuations, the price of cryptocurrencies can fluctuate significantly, so be prepared for your investment to lose value. Don't invest more than you can afford to lose.

[posi]

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No you are not late, just imagine many other banks still did not accept bitcoin as well as the government so don't worry you are early. We are expecting for more projects to be born and pump next year as we will are having another halving so you don't need to worry about it. Just invest in crypto but make sure it is well researched and it will not run soon.

for now it is not too late to get to know and learn about bitcoin, there is still the possibility of getting profit from investing in bitcoin, on the other hand the bullish season has not yet come and it is an opportunity to be able to welcome it, especially now that bitcoin is showing its performance not experiencing a crash again and surviving in the area $28k. hopefully this bodes well

I won't mention the next bull season, but if OP has a long-term vision for the next 5 to 10 years and wants to make bigger profits than investments like gold and stocks, then bitcoin is still a much better choice. It can be said that we are still in the early stages of the revolution, everything is still very new, and many opportunities await us.

I don't think it's a matter of getting in sooner or later, but how long we'll stay in the market. If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

[jokers10]

...
If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

It depends on when did they sell their bitcoins. Those ones who mined bitcoins among the early adopters and sold for thousands of bucks definitely got much more than anyone can get for next ten years. Speed of growth of bitcoin is lowering with time and it is rather expensive already — to make thousands of x. It is not too late to start but newcomers will hardly earn as much as early adopters (if they didn't sell to early).

[Dragonfund]

I had fear about bitcoin when it was $15k at that moment i thought maybe it will come to $10k but still confused when bitcoin reached $25k again. Currently it is standing at $28k. If it continues to rise, Some may lose the ability to buy bitcoins, so now is the right time to buy bitcoins.

I have observe fear and bitcoin and that is the best strategy that has help me overcome that fear that always trigger when I want to buy bitcoin. The best time to buy bitcoin is when everyone is afraid and think it will go lower than what has been seen. It is better to buy 50% of USD from your wallet into bitcoin becaause if really the price goes lower than the price you already bought, you can further do DCA with rest of 50% of your USD and what is good about this strategy is that, you can never loss from this as long you don't sell the bitcoin you buy, it always bounce back no matter what.

[Smack That Ace]

...
If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

It depends on when did they sell their bitcoins. Those ones who mined bitcoins among the early adopters and sold for thousands of bucks definitely got much more than anyone can get for next ten years. Speed of growth of bitcoin is lowering with time and it is rather expensive already — to make thousands of x. It is not too late to start but newcomers will hardly earn as much as early adopters (if they didn't sell to early).

There is no doubt that the early miners and early bitcoin adopters made enormous profits, and no one will be able to repeat it as they did. Investing in bitcoin is not just holding, but we can also trade, can hold no longer bring huge profits because bitcoin is getting more and more expensive and profits are getting less and less. But for trading is unlimited, you can make hundreds of millions of percent from trading, but to make a profit from trading requires us to have more knowledge and more effort to create extraordinary things.

[Sweetbtc]

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

The cryptocurrency market is a market where you can start investing anytime, anywhere.Investment opportunities in the cryptocurrency market keep coming.There are many cryptocurrencies that have come down well from their all-time highs.You can also take the example of bitcoin which has come down from $67000 to $16000 and is now trade at $27000.The Solana token dropped from $261 to $8 and is now trading around $20.There are many other tokens whose prices have dropped significantly.In crypto markete if the price goes up, there comes a time when the price come back to its initial position, from where people buy again.So it would not be correct for someone to say that I am too late, I can't buy now or I can't enter the cryptocurrency market.Because buying opportunities in the cryptocurrency market are always coming and will continue to come.It's just a matter of timing where to buying and selling.And information about this market is very important.

[Digital_Lord]

you are not late because crypto is a field where you can make investment anytime especially in Bitcoin and in my opinion I think that in Bitcoin in what price you make investment you will always get your profit because it increases more and more in coming years. But you should remember that try to get knowledge about how to deal with price Fluctuations, not to loss hope at the time of price drops and also make a firm decision when the time and price is in your favor.

[Muba20]

Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!

No you are not late, just imagine many other banks still did not accept bitcoin as well as the government so don't worry you are early. We are expecting for more projects to be born and pump next year as we will are having another halving so you don't need to worry about it. Just invest in crypto but make sure it is well researched and it will not run soon.

for now it is not too late to get to know and learn about bitcoin, there is still the possibility of getting profit from investing in bitcoin, on the other hand the bullish season has not yet come and it is an opportunity to be able to welcome it, especially now that bitcoin is showing its performance not experiencing a crash again and surviving in the area $28k. hopefully this bodes well

I agree with you, the opportunity is not over. There is still potential for investment. Moreover, Bitcoin may surpass the previous all-time high in the future. As such I think this is a good time to invest in Bitcoin. Although there is some risk, investing in Bitcoin will be difficult if you don't want to take the risk.

[Viscore]

you've joined this forum since 2019 and you just asked if it's too late to start investing in crypto?
If you don't start right away you will keep running late and you will be abandoned by other users. 2017 when you know about crypto you should have started to think that crypto continues to grow especially bitcoin. Take a look at bitcoin's journey from 2017, you must already know that price fluctuations and increases in bitcoin prices are extraordinary. Then what still makes you doubt?
If you don't start now, then when?

If you stay on that mindset thinking that it’s too late for you to invest in crypto, then you will always miss the opportunities to invest and be profitable in the future. But if you start taking the risk now while the market is giving us a good entry, you will have all the chances to grow your investment and reap what you sow in the next years. If you have studied how bitcoin started and how its price has prosper throughout the years, then you will never hesitate to invest, and enter crypto investment now. There’s no late in crypto, you only have to enter at its best market entry so you will make the best of your investment and enjoy the profits at its fullest.

[LUCKMCFLY]

I knew Bitcoin for 7 years now. And hop into it 2 years ago, started saving and made extra money. If somebody tells You, that it is too late to join, then You know, that's actually a Perfect time to do it. Market is a P2P "toy", used wisely, can give You huuuuuuge profits.

Well, it is never too late to start, also the advantage we have with btc is that the market is always benevolent, we always have a way to enter the market and with a very good chance of winning, no matter how long we have waited or if it was discovered late, I think that here things can occur in many ways, among which, the best thing for some is to buy everything that is possible in btc and wait until there is a new ath, this is what some investors always have, because they are market speculators It's pretty risky, but it's worth it.

[Bobrox]

Not easy to change investor mindset about too late start investing in Bitcoin, they are looking on Bitcoin price have been $27K current price right now and comparison with last three or four years later when Bitcoin under $10K. Its seems not realistic with Bitcoin have been popular and adopted by many bigger companies around the world.

Start investing right now but looking when the correction for purchasing bitcoin, if you think too late always when try investing in Bitcoin I believe never have braveness for investing in bitcoin. One day later will disappointed about some mindset about too late investing in bitcoin because the other have earned profit and you just opening journey for investing in bitcoin when price have pump.

[jokers10]

There is no doubt that the early miners and early bitcoin adopters made enormous profits, and no one will be able to repeat it as they did. Investing in bitcoin is not just holding, but we can also trade, can hold no longer bring huge profits because bitcoin is getting more and more expensive and profits are getting less and less. But for trading is unlimited, you can make hundreds of millions of percent from trading, but to make a profit from trading requires us to have more knowledge and more effort to create extraordinary things.

If we talk about trading then it is even more suitable time to start nowadays because there are much more trading tools and pairs than were at the beginning. But it is more risky at the same time: waiting until bitcoin will rise (if you hold it in your own cold wallet) is IMO a little less risky than an active trading. But of course it is good time for traders to enter crypto market: volatility is still high, capitalization is high already and there are a lot of exchanges where to trade, — golden era of crypto for traders.

[xSkylarx]

I knew Bitcoin for 7 years now. And hop into it 2 years ago, started saving and made extra money. If somebody tells You, that it is too late to join, then You know, that's actually a Perfect time to do it. Market is a P2P "toy", used wisely, can give You huuuuuuge profits.

This is the perfect example. Bitcoin is not like those Ponzi schemes that you should always invest in when it is just starting, as you can still get your money back. Bitcoin is the future, anytime and anywhere you can start as long as you know the risk and you have money that you are willing to invest because if you do not invest at the time you know it for sure, you'll regret it in the future.

[Smack That Ace]

There is no doubt that the early miners and early bitcoin adopters made enormous profits, and no one will be able to repeat it as they did. Investing in bitcoin is not just holding, but we can also trade, can hold no longer bring huge profits because bitcoin is getting more and more expensive and profits are getting less and less. But for trading is unlimited, you can make hundreds of millions of percent from trading, but to make a profit from trading requires us to have more knowledge and more effort to create extraordinary things.

If we talk about trading then it is even more suitable time to start nowadays because there are much more trading tools and pairs than were at the beginning. But it is more risky at the same time: waiting until bitcoin will rise (if you hold it in your own cold wallet) is IMO a little less risky than an active trading. But of course it is good time for traders to enter crypto market: volatility is still high, capitalization is high already and there are a lot of exchanges where to trade, — golden era of crypto for traders.

The higher the risk, the higher the return. Just like the early bitcoin investors, they were the ones who risked investing in bitcoin when the whole world didn't care and didn't believe it. And I also believe if we had known about bitcoin at that time, we would not believe and not invested in bitcoin because then it was nothing. When you want what others don't have, step out of your comfort zone and do what others can't, this world is very fair, and the reward is always for the person who tries the most.

It's never too late with bitcoin, and we have many ways to profit from bitcoin, and you can make millions of dollars trading if you are good enough.

[posi]

...
If you invest now and 10 years later, you are still holding bitcoins, the return you get is no less than the early adopters who sold their bitcoins.

It depends on when did they sell their bitcoins. Those ones who mined bitcoins among the early adopters and sold for thousands of bucks definitely got much more than anyone can get for next ten years. Speed of growth of bitcoin is lowering with time and it is rather expensive already — to make thousands of x. It is not too late to start but newcomers will hardly earn as much as early adopters (if they didn't sell to early).

It cannot be denied that early miners and early adopters of bitcoin made desirable profits, but such people are few and rare. I also agree with you that bitcoin returns are decreasing year by year, but the future is unpredictable. How do you rate the prediction of bitcoin reaching 1 million or even more? If the banking and fiat systems fail, bitcoin will become the new heaven, the choice of everyone worldwide.
I still believe in the future of bitcoin and still expect bitcoin to hit $1 million in the not too distant future as the centralized fiat system shows more and more weaknesses.

[yohananaomi]

you are not late because crypto is a field where you can make investment anytime especially in Bitcoin and in my opinion I think that in Bitcoin in what price you make investment you will always get your profit because it increases more and more in coming years. But you should remember that try to get knowledge about how to deal with price Fluctuations, not to loss hope at the time of price drops and also make a firm decision when the time and price is in your favor.

you are right buddy, it's never too late to be able to join in investing in crypto especially when you want to focus on bitcoin. It is certain that holding bitcoins for a certain time will result in a higher value when starting to buy and invest. but it really takes a lot of patience if you want to invest in crypto or more specifically in bitcoin, because it has a high value and it takes at least 4 years when the halving period starts to occur.

[Cryptmuster]

The higher the risk, the higher the return. Just like the early bitcoin investors, they were the ones who risked investing in bitcoin when the whole world didn't care and didn't believe it. And I also believe if we had known about bitcoin at that time, we would not believe and not invested in bitcoin because then it was nothing. When you want what others don't have, step out of your comfort zone and do what others can't, this world is very fair, and the reward is always for the person who tries the most.

It's never too late with bitcoin, and we have many ways to profit from bitcoin, and you can make millions of dollars trading if you are good enough.

Early investors did not make money through trading, they recognized the opportunity and it was long-term investing that brought them a good result, not trading. It is still not too late to buy bitcoin now, it will bring profit, but most likely we should not count on such a large profit as it was before. Bitcoin has become quite an expensive coin and now it will be more and more difficult for it to double its price every time.

[jokers10]

The higher the risk, the higher the return.
...

And the losses are also higher. It what the word risk means. If we bought a bunch of bitcoins for several bucks years ago we risked just with those several bucks. Even if that risk was high it was of very small amount of money. When we trade we have risk of losing much more.

...
How do you rate the prediction of bitcoin reaching 1 million or even more?
...

Don't forget that world GDP is just about $96,510 billions. You can count that if bitcoin will cost $5 millions its capitalization will overcome all GDP of the Earth. If one day 1 BTC will cost $5 millions it will probably mean that its rate to USD will has no sense anymore as all old economy is probably crashed and it is really bad. I'd prefer evolutionary changes than a big sudden crash.

[Unbunplease]

it's never too late to start. The problem is that there used to be fewer cryptocurrencies, so when the bullrun came, everything went up in value. Now there are a lot of cryptocurrencies, so everything will not grow in price. Much depends on the development team, as well as on the purposes for which a particular project is intended.