Too late to start?

[lizarder]

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?

It's never too late to start and you can start now to invest in bitcoin, but one thing you might need to know and you should try to study bitcoin price fluctuations, so you can start calmly and not panic when market conditions are negative. Basically investing in bitcoin is stronger for the long term, because it will provide a large return according to the capital you use and if you don't really understand market conditions, then the long term is better than the short term you can choose.

The most important thing is that you have to start according to your financial ability and you can adjust the investment pattern with a number of steps that have been suggested by many people. For example like DCA as the step you choose to maximize the number of purchases from each period your finances are stable.

[nurilham]

There is always good beginning to start for everyone, whenever it is. Althoutgh we may think it is too late but it doesn't mean it is no chance. As long as we are able to do it well, we can still gain the chance to invest. You can start to learn the fundamental things about Bitcoin investment. Then you can start to buy Bitcoin with the amount of money you afford to lose. I suggest to start with small money first. Good luck, dude.

[DevilSlayer]

People are actually at the right time to start investing in bitcoin and some altcoins.

In the long run, now is still the perfect time to invest in bitcoin, as bitcoin still has a chance to reach as high as $100k, $200k, or $500k if we can hold it the longest we can. But I think we should only focus on bitcoin and should not care about altcoins, altcoins are not suitable for long-term investment and use DCA strategy.

Investing in altcoins is not necessarily bad, but it is suitable for those who are experienced and willing to take risks. For newbies, who don't even own bitcoin yet, they should stay away from altcoins as far as possible.

I do not see it as the way majority of the people seeing it because the world "late" in my mind is not about bitcoin can reach $100k or more rather it is the opportunity that you will waste once you did not yet start learning and putting your money on cryptocurrencies. Once you have a better understanding how to make money in this industry, you will find out that opportunities are unlimited and you will be grateful because you know that you can make money anytime you want. I really do not want to spend time on people who are afraid to take risks especially the people who doesn't want to put their money on assets that they can give them returns. I also having a hard time understanding it because why are they afraid to put their money on something that they can have reap rewards in the future and why they are not afraid to put their money that can be called as liabilities because it continuing to drain wallet. Family background, experience and education can be factors why they do not have the right thinking and why they are too afraid to take risks. My advice is to get out to your comfort zone and start making investment and you will find a good life that the one you are looking for.

[WatChe]

It's never too late to start and you can start now to invest in bitcoin, but one thing you might need to know and you should try to study bitcoin price fluctuations, so you can start calmly and not panic when market conditions are negative. Basically investing in bitcoin is stronger for the long term, because it will provide a large return according to the capital you use and if you don't really understand market conditions, then the long term is better than the short term you can choose.

The most important thing is that you have to start according to your financial ability and you can adjust the investment pattern with a number of steps that have been suggested by many people. For example like DCA as the step you choose to maximize the number of purchases from each period your finances are stable.

We keep reading stories here that people regret not buying bitcoin when it was at 100$, 1000$ and 3000$ saying they thought it's too late to buy at that price. Right now bitcoin is at 30k$, few weeks ago it's at 16k$. So there is no way we can predict that when it will be too late to buy bitcoin.
There are lots of investment strategies that were proven correct over the period of time like some people buy at dip and sell when it's high while other prefer doing DCA. Whichever strategy you follow, make sure its long term not spread over period of time.

[AmoreJaz]

It's never too late to start and you can start now to invest in bitcoin, but one thing you might need to know and you should try to study bitcoin price fluctuations, so you can start calmly and not panic when market conditions are negative. Basically investing in bitcoin is stronger for the long term, because it will provide a large return according to the capital you use and if you don't really understand market conditions, then the long term is better than the short term you can choose.

The most important thing is that you have to start according to your financial ability and you can adjust the investment pattern with a number of steps that have been suggested by many people. For example like DCA as the step you choose to maximize the number of purchases from each period your finances are stable.

We keep reading stories here that people regret not buying bitcoin when it was at 100$, 1000$ and 3000$ saying they thought it's too late to buy at that price. Right now bitcoin is at 30k$, few weeks ago it's at 16k$. So there is no way we can predict that when it will be too late to buy bitcoin.
There are lots of investment strategies that were proven correct over the period of time like some people buy at dip and sell when it's high while other prefer doing DCA. Whichever strategy you follow, make sure its long term not spread over period of time.

and this is why there's no such thing as being too late or early, or being missed out. it depends on when you got your satoshis and when you will sell it off to the market. so long you are selling it higher than your buying price, then you are on the positive profit.
for sure, some people who just knew btc today will tell to themselves few years from now that they should have accumulate more satoshis. so the time frame doesn't matter if you don't act what's in front of you.

[LUCKMCFLY]

No, it is not too late to start anything, I always have a saying, if we are healthy, and we can see and do things, why not start? I have some friends who are older adults and decided to study at the university and graduated, but they did not regret what they Could not do, they Just did it and that's it, in the market I can't be with regrets because of age, which is too late to lose, or that I didn't buy Bitcoin when it was at $15k, no, there are always opportunities and you can always start over, the important thing is to have the conviction to do it.

[lizarder]

We keep reading stories here that people regret not buying bitcoin when it was at 100$, 1000$ and 3000$ saying they thought it's too late to buy at that price. Right now bitcoin is at 30k$, few weeks ago it's at 16k$. So there is no way we can predict that when it will be too late to buy bitcoin.
There are lots of investment strategies that were proven correct over the period of time like some people buy at dip and sell when it's high while other prefer doing DCA. Whichever strategy you follow, make sure its long term not spread over period of time.

Talking too late would give rise to a lot of assumptions to justify and anyone would be far more regretful not to have bought bitcoins when the price wasn't much cheaper than a slice of pizza. The question is whether we will continue to mourn this regret, while at this time the opportunity is still wide open for us to buy bitcoin.

It's up to what strategy we use to buy and I'm sure if someone already knows the power of bitcoin they will try to maximize in any way possible to buy. DCA is believed to be the most appropriate pattern and can be done by people who have slightly smaller capital to buy, but the problem is that we also have to understand the strategy in trading and I prefer the long term for bitcoin, because it is not too dizzy to think about corrections or negative conditions in the market.

[freedomgo]

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?

You have missed a lot of opportunities from not investing in bitcoin before, and this time it’s time for you to make it right and make it work. Bitcoin has proven that its not just about being hyped or too good to be true project, instead bitcoin is way more legit and profitable especially when long term hodling is applied. I believe while others are still hesitant to trust bitcoin, majority are still dying to buy and own bitcoin seeing its value is consistently growing as years go by.

[Hamphser]

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?

You have missed a lot of opportunities from not investing in bitcoin before, and this time it’s time for you to make it right and make it work. Bitcoin has proven that its not just about being hyped or too good to be true project, instead bitcoin is way more legit and profitable especially when long term hodling is applied. I believe while others are still hesitant to trust bitcoin, majority are still dying to buy and own bitcoin seeing its value is consistently growing as years go by.

Until when you would really be making a move?

If you have missed lots of golden opportunities back in the past, could you still afford to miss out another run? This is why you should really remove this kind of mindset on having hindrance on taking some another shot.Its true that this would really be needing up to consider on risks taking but of course its always been part of the business or investment.If you wont move then you wont really be making something
or good results but of course it would really be still needing to be mixed up with some luck because there are really moments on my investment on which i've been thinking that no matter how i do make out
some indepth research on good projects but still do end up on getting shit results which i've been thinking that this isnt really for me but im not still giving up.

[cheezcarls]

There is no such thing as “too late to start”. You can start anytime you want as long you can afford to lose that amount you want to buy Bitcoin or so.

I was also in your shoes back then asking the same thing. You know what? I’ve just decided to buy on my own instincts rather than listening to those so-called influencers hyping their viewers about BTC going 100x in the next year bla3x, etc.

I regretted not buying BTC when it was still hovering around $12k to $14k before it got up to $20k, $30k and up to $68k because of having self-doubt. But now I have taken it away so that I won’t be “missing” it again especially that the halving is coming next year.

I started DCA mid last year when BTC was at $30kish. A few of the DCAs I have are at a loss, but there are some in which I have bought them when they are around $18k to $21k, so it’s a win for me.

[Altryist]

You have missed a lot of opportunities from not investing in bitcoin before, and this time it’s time for you to make it right and make it work. Bitcoin has proven that its not just about being hyped or too good to be true project, instead bitcoin is way more legit and profitable especially when long term hodling is applied. I believe while others are still hesitant to trust bitcoin, majority are still dying to buy and own bitcoin seeing its value is consistently growing as years go by.

There will always be those who doubt, no matter how much bitcoin costs, someone will say that it is too late, someone will say that it is too expensive, excuses can always be found, but those who see the advantages of bitcoin and understand them will buy. Don't take it literally, as when bitcoin has risen in price well enough and is close to ath then it might not be the best time to do it. But now could be a good time to buy, it looks like bitcoin is on a correction right now.

[judaspriest]

You have missed a lot of opportunities from not investing in bitcoin before, and this time it’s time for you to make it right and make it work. Bitcoin has proven that its not just about being hyped or too good to be true project, instead bitcoin is way more legit and profitable especially when long term hodling is applied. I believe while others are still hesitant to trust bitcoin, majority are still dying to buy and own bitcoin seeing its value is consistently growing as years go by.

There will always be those who doubt, no matter how much bitcoin costs, someone will say that it is too late, someone will say that it is too expensive, excuses can always be found, but those who see the advantages of bitcoin and understand them will buy. Don't take it literally, as when bitcoin has risen in price well enough and is close to ath then it might not be the best time to do it. But now could be a good time to buy, it looks like bitcoin is on a correction right now.

As long as it's not close to ATH, I don't think you need to hesitate and worry about buying Bitcoin,
even so we still need to do research and analysis because after all it is important,
investing in Bitcoin will be profitable, the important thing is to be patient.

[JayTrain]

In short, it is not too late to start investing in crypto. The essentials to learn include understanding the basics of blockchain technology, researching different cryptocurrencies, creating a secure wallet, and practicing safe trading strategies. It's important to remember to only invest what you can afford to lose and to continually educate yourself on the industry.

[2double0]

It is never too late to start if you consider crypto, because crypto has got immense opportunities available in itself and there are different dimensions available to see like Metaverse, NFTs, DeFi, CeFi, layers of Blockchains, testnets, etc. The day you start is the day it starts working for you, however if you don't invest the day you began (after studying the market and DYOR), then yes you may call yourself late in the future when it becomes your present and you see btc and alts already skyrocketed from where you saw it. And sometimes, it is also good to be late than never. Traders who didn't buy at or above $65k must be feeling great that they now got an opportunity to get in at under $19k and also made about 50% profits and will not leave crypto instead of saying that 'I'll never trade crypto again' if they could have lose the money if bought high and sold low.

[kawetsriyanto]

No, it is not too late to start anything, I always have a saying, if we are healthy, and we can see and do things, why not start? I have some friends who are older adults and decided to study at the university and graduated, but they did not regret what they Could not do, they Just did it and that's it, in the market I can't be with regrets because of age, which is too late to lose, or that I didn't buy Bitcoin when it was at $15k, no, there are always opportunities and you can always start over, the important thing is to have the conviction to do it.

Sure. Never too late to start, we can begin to invest or trade Bitcoin now. As long as we have a serious intention and want to spend time learning about Bitcoin, there is always an opportunity to gain profits from Bitcoin. Now, we are still in the bearish season, it is a good time to start a new journey of Bitcoin investment. Old or young age isn't a problem, the age has no very significant influence. Knowledge and experience are 2 things that will have a significant role in Bitcoin investment/trading.

[Mahanton]

No, it is not too late to start anything, I always have a saying, if we are healthy, and we can see and do things, why not start? I have some friends who are older adults and decided to study at the university and graduated, but they did not regret what they Could not do, they Just did it and that's it, in the market I can't be with regrets because of age, which is too late to lose, or that I didn't buy Bitcoin when it was at $15k, no, there are always opportunities and you can always start over, the important thing is to have the conviction to do it.

Sure. Never too late to start, we can begin to invest or trade Bitcoin now. As long as we have a serious intention and want to spend time learning about Bitcoin, there is always an opportunity to gain profits from Bitcoin. Now, we are still in the bearish season, it is a good time to start a new journey of Bitcoin investment. Old or young age isn't a problem, the age has no very significant influence. Knowledge and experience are 2 things that will have a significant role in Bitcoin investment/trading.

There's no such thing about being late, it is really just a matter on how well you do handle up yourself on this investment world on where sustaining yourself is the thing you should really be minding about.
Also, you shouldnt really make yourself that minding about getting rich quick because having this kind of intent would surely be messing out your plans and would really be causing lots of bad decisions.
So take it slowly and be wary in regarding your investment options and decisions because this would really be a hella like a roller coaster ride which is something that
couldnt really be taken so lightly.

[Finestream]

No, it is not too late to start investing in cryptocurrencies. In fact, many people continue to invest their money in cryptocurrencies and make a profit from it. Of course, as with any investment, there are risks, but if you research the market and understand it, you can find many promising opportunities. All in all, investing in cryptocurrencies can be an interesting and rewarding experience, but requires caution and discipline.

Required cautions and limitations, not too greed but enough to compensate yourself, there are still open opportunities if you will going to start your journey now.

It's a never-ending cycle and all you have to do is position yourself in the manner that you understand the most,
with good anticipation, chances are always open if are not afraid of taking the risk from this type of industry.

In any type of investment, there are certain risks so you have to invest with caution and never invest with greed, that’s mostly the reason why people never last and make profits from bitcoin. And never pressure yourself to learn in a rush, take your time and enjoy every minute of it. Because once you already decide to invest, there’s no backing out. Otherwise, you will never experience the extraordinary profits from bitcoin.

[MFahad]

The better thing was that you initiated that time but if you missed that opportunity then try to don't miss present opportunity because in coming year the price will be more worthy than present one. The essential which you have to learn are first of all getting education about crypto and bitcoin after which you have to put money but money should be minimum as you are newbie and newbies can take wrong decision sometimes due to unawareness of the reality.

[Bobrox]

What does mean about late to start? did worry about bitcoin and altcoin price have pump or any reason about risk waiting when investing assets in cryptocurrencies. I think some one need change their mindset when investing money on some investment kinds not only in cryptocurrency but also in real business investment. Move from your minds about words late for investing because every investment have risk although your are investing in the early.

Need of businessmen mindset when investing in cryptocurrency and have ready with risk, but keep smart and understand well about price research before investing in cryptocurrency.

[WeThePe0ple]

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.

BTC is currently valued at 1 third of its all time high. You have to admit that it was a bumpy road. To some people it is not a given that BTC will be a success in the future.

Then what still makes you doubt?
If you don't start now, then when?

Central banks will launch their CBDC's soon. Which is digital monetary slavery and total control over our belongings. The power to switch off our means of payment whenever they want. BTC is the ultimate threat to CBDC's. They have no control over it and they hate it. It is a threat to their hegemony and therefore I expect an all out war on bitcoin.
For example 3 days ago I transfered 5000 euros to an exchange, as a first deposit to get into crypto. I had informed my bank that this would happen as part of an investment (no details given of course) and that it was normal.

24 hours later there was a notification on the exchange. Your payment has been declined by your bank. Please contact them..
So I contacted my bank by email. Neither the local office, nor the main office claims to know why it was declined. But it was declined by "banking group", some organization at the top. They must know that my payment was intended for an exchange.

Even with only 1 million people worldwide owning 1 BTC or more, banks are already working hard to prevent fiat money flowing to BTC.
Can you imagine what happens when the inflation spikes higher? They know that people seek for a hedge against the inflation, and this poses a systemic risk for the stability of their monetary system. Money flowing out of the system is deadly for banks.

I don't know to what extent banks will be able to prevent money from flowing into BTC.
But as part of the fight I expect all governments in Europe to develop serious penalties for holders of BTC who did not declare their holdings to the authorities.

That kind of stuff is why most people and most institutions are still not involved in BTC.
Gandhi has a famous quote. First they ignore you. Then they laugh at you. Then they fight you. And then you win.

BTC has been ignored and laughed at. Now more people are aware of it, and wish to get away from fiat, the fight has only just begun.
And I am not 100% certain about who will win. I guess a lot depends on where you live and what the local law says.
I wonder to what extent BTC will be a store of value when your judicial system gives you a prison sentence for owning it. This is not reality at this point, but it would not surprise me.