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Author Topic: No late comer in bitcoin Investment.  (Read 713 times)
JoyMarsha
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April 17, 2023, 10:44:34 PM
 #61

Making profit in Bitcoin doesn't necessarily mean they must make billions of dollars; perhaps profit is made from investment based on the amount invested. Anybody who invests in Bitcoin in this current period is not yet late to the game because if they buy now and hold for another 10 to 14 years, of course Bitcoin will experience another bull market, and if they hold for that long, they will also make a lot of profit depending on the amount they invest.
Actually, the amount of bitcoin you invested will decide the kind of profits you will see over the long term if you keep it in your portfolio. For example you cannot put $150 (0.005 bitcoin at the current price of $30k) into bitcoin and anticipate making enormous profits if, by chance, the price of bitcoin rises to $150k in the future. It's just $750 gotten from the $150 initial investment($600 profit).

No matter how we see and evaluate the current price of bitcoin, it is a quite expensive currency that demands a sizable initial investment for an investor to make a profit from it in the future.

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April 17, 2023, 11:59:08 PM
 #62

Invest what one can afford is the right thing to do with bitcoin. Start when the market is favourable, because when you make an investment through the DCA or some other strategy you'll be able to get the bitcoin at the average price. But the same will cost you high when brought at the peak. So, right occasion needs to be found.

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April 18, 2023, 12:53:24 AM
 #63

let them have this belief but try luring them always mate, remember that most of us has this same thought and thinking in the past but eventually as time passes by? we are now investors and holders at the same way.
Invest what one can afford is the right thing to do with bitcoin. Start when the market is favourable, because when you make an investment through the DCA or some other strategy you'll be able to get the bitcoin at the average price. But the same will cost you high when brought at the peak. So, right occasion needs to be found.
and this is what he needs to tell all of His friends and family , and there is nothing Late means to invest even in all investment platform not only in bitcoin.

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April 18, 2023, 01:15:09 AM
 #64

Agree. We all are still pretty early and bitcoin will see a lot of ups and downs in the next decade. So I think if someone wants to buy bitcoin they just need to start DCAing and not think too much about the price.

But if you want to risk and buy bitcoin for the best price, then you need to look into bigger picture and find signals that will show you where the next move gonna happen.
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April 18, 2023, 01:35:34 AM
Last edit: April 18, 2023, 01:46:02 AM by Bazzu
 #65

indeed when compared to before, the price of btc is of course still cheap and now the price of bitcoin can be said to have gone up high,
and I think it's only natural that someone is hesitant to invest in bitcoin, but I think people who are still unsure about investing in bitcoin should not invest in btc, or at least learn about btc first. if someone is ready with the risk of investing in btc then of course they can invest in btc, because after all, investing in btc is still something risky.

but in my opinion, it's never too late to invest in btc as long as we are ready with the risks.

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April 18, 2023, 02:08:36 AM
 #66

Agree. We all are still pretty early and bitcoin will see a lot of ups and downs in the next decade. So I think if someone wants to buy bitcoin they just need to start DCAing and not think too much about the price.
Many people here still utilize DCA as an investment technique since it is still effective. I'm just wondering what would happen if DCA was combined with market structure. In Market Structure, if the price breaks the previews high, the EOF is uptrend, and if it breaks the previews low, the EOF is downtrend. So here's the thing: if the EOF is on an uptrend, always invest in near previews lows and repeat the process each time the price is near the previews low.
Well don't know if anyone here is employing that method, but it's possible.

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April 18, 2023, 02:26:16 AM
 #67

If you are still waiting for Bitcoin to reach $15K you will never be invested. Because this market is not coming back. Never think that it is too late to invest in the current scenario. Now the price of bitcoin is around $30K while waiting for your investment, sometime you will see the price of bitcoin surpass $60K. So wait for the price of Bitcoin to return to $30K?
From the current state of the market you can trust Bitcoin and build a courage in yourself and invest with risk and see when the value of Bitcoin increases and tell yourself that if I had not taken the risk at that time I would have just waited for the investment. So the time to invest is not yet over.

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April 18, 2023, 02:35:08 AM
 #68

No latecomers in Bitcoin Investment, that is what we gonna hear from most but I tell you that, investing Bitcoin while it was at $20k (as an example) compared to the one who purchases at $30k, we can really see the big difference from it. Because even if we think about the long term and both these investors will hold their Bitcoin and sell them together after 5 years, we know already who profited the most.
I understand now that the term "no late" is used here and it is because to encourage people to invest.

What you said is not wrong, early investors will still have an advantage over later participants. But another aspect is that those who invest early are not sure to get better returns than those who come later. I mean, it will depend on how long you stay in the market. When you buy bitcoin for $20k, and you make a profit at $70k. Meanwhile, many people buy bitcoin for 30k, but they can hold long term and only sell bitcoin when the price reach 200k, their profit is still bigger than yours. The timing of entering the market is important, but how long we can stay in the market is equally important.

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April 18, 2023, 05:22:48 AM
 #69

it's never too late to invest in btc as long as we know the risks of investing in btc,

but indeed now is the right time to invest in btc and I think it would be better to buy btc using the dca system

and for newcomers who want to invest in btc in my opinion now is a good opportunity to invest in btc because the btc halving is coming soon.
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April 18, 2023, 08:02:41 AM
 #70

I understand the concern about the price of Bitcoin being high, but I think it's important to remember that Bitcoin is a long-term investment. Just like any other investment, there will be ups and downs, but over time, the value has consistently grown. So, if you're willing to hold onto your investment for a while, there's a good chance you'll see a return on your investment.
But even if the price is already too high, so what? People are mad that they cannot buy bitcoin any longer for a few dollars and enjoy 1000x in profits, but if they invest now and hold their coins then during the next bull run they could enjoy 3x to 5x profits in just a few years, and if you ask me that is still an amazing rate of growth.

Maybe that is not sufficient to buy lambos, but if enough money is invested it could be more than enough to speed up your retirement for at least a decade or even buy a house, and as I see it such results are life-changing too.

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April 18, 2023, 08:06:37 AM
 #71

I understand the concern about the price of Bitcoin being high, but I think it's important to remember that Bitcoin is a long-term investment. Just like any other investment, there will be ups and downs, but over time, the value has consistently grown. So, if you're willing to hold onto your investment for a while, there's a good chance you'll see a return on your investment.
Exactly, that's why it's important that we have to change the way we see things, instead of short-term goals, we should consider long-term unless there's something that's hindering you from going to that point then other things can be set aside. One advice that stuck with me is that for things to move in your life, you must first take the step and jump right in, not a profound advice but it's definitely a practical one.



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April 18, 2023, 08:09:22 AM
 #72

OP you are right, there is no latecomer in Bitcoin investment but the timing must be always right, someone who bought Bitcoin at 67,000$ in 2021 is probably still hoping for the best right now because they are in huge loss, though it's not a loss until they decide to sell off their Bitcoin but imagine the feeling of waiting for years to get to where you once bought your Bitcoin, this is why timing is everything with crypto investment, someone who bought his ot her Bitcoin at 17,000$ will be in a very good mood right now, so it's best to always invest in a reddish and avoid buying in a bullish market.

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lienfaye
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April 18, 2023, 08:54:08 AM
 #73

I understand the concern about the price of Bitcoin being high, but I think it's important to remember that Bitcoin is a long-term investment. Just like any other investment, there will be ups and downs, but over time, the value has consistently grown. So, if you're willing to hold onto your investment for a while, there's a good chance you'll see a return on your investment.
The reason why it is important to have knowledge about what you are getting into to understand the cycle and the nature of Bitcoin. It's understandable to have worries and doubts for new investors because they're thinking it's already late to join the ride. However, if you study how it works then you'll realize that it's not really late if you're going to be a long term hodler.

Thus, while the bullrun is not here yet, take advantage the current price to have some Bitcoin. Because we'll never know when might the price will start to skyrocket.

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April 18, 2023, 09:04:31 AM
 #74

In my opinion, the current BTC price can still be called low when compared to the BTC price during the BUL RUN of 2021.
so for newcomers looking to invest in btc indeed now is a good time, because i think the price of btc will continue to pump hard.
but of course have to invest with idle money.

and we also have to realize that to get to success need struggle and sacrifice. and in my opinion holding bitcoin is best for a long time.
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April 18, 2023, 10:09:48 AM
 #75

I think that there will be no Late comers in bitcoin if everyone understands the fact that buying bitcoin every time is advantageous. Buying in past, present and future are all worthy but actual thing is to manage the risk with the help of strategies during condition which are not in your favor.

The individuals who have thoughts of becoming late to buy bitcoin are those who do not have any knowledge about the bitcoin because those who wants to buy bitcoin always have eye on previous history and according to history the price of bitcoin always runs in cyclic form and one can make investment anytime but holding for more years is necessary.

No one will regret in future if they understand the value of bitcoin and try to understand about the reality that every day you can make investment and its not too late to be a part of it so invest anytime when you can afford to invest



 

 

 

 

 

 


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April 18, 2023, 12:38:19 PM
 #76

OP you are right, there is no latecomer in Bitcoin investment but the timing must be always right, someone who bought Bitcoin at 67,000$ in 2021 is probably still hoping for the best right now because they are in huge loss, though it's not a loss until they decide to sell off their Bitcoin but imagine the feeling of waiting for years to get to where you once bought your Bitcoin, this is why timing is everything with crypto investment, someone who bought his ot her Bitcoin at 17,000$ will be in a very good mood right now, so it's best to always invest in a reddish and avoid buying in a bullish market.
Bitcoin investmest has no time limit or expiry date,it has no season,there is no time that is too good to invest or buy coin,any time is still very okay,but sometime I use to regret why I didn't go into investmest earlier before now,it sometime hurt me when I know that if I had the knowledge about bitcoin and investmest earlier I would,I would have been on another level now. No time is late for investment though,despite the fact that I started very late in investment,I am still doing very well,and the little investment I have made now,I am still looking forward to a positive result.Holding for a long time is what I prefer because there is no much risk involved.Any time you start is the best time to start too.
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April 18, 2023, 01:34:45 PM
 #77

Lots of people that know am into bitcoin investment in my society always come to meet me and they have been complaining to me that they didn’t get to know about bitcoin early, most of them wants to invest in bitcoin but they believe the price is already high and incase if the invest now, it’s just waste of time because the won’t really be making much profits again, most of them decided to invest in other things why some of them decide to invest in altcoins(which is very risky).
Bitcoin or crypto investment isn't for the faint hearted. Those who go into it should know that. We only feel excited when it goes well and in our favour (that's when we actually bought in before price began to rise) but beat ourselves hard when in loss. I'm sure those people asking you and regretting they didn't buy in at early stage would've sold off long time ago if they had bought in as early investors. Isn't that what so many people are doing now with other altcoins with utility? They buy these altcoins cheap but quickly sell off once price does X10, only for them to start regretting if price continues on a high. My take on this whole thing is that there's never a late time to buy into Bitcoin, except one is buying to quickly sell off and that isn't what Bitcoin is for ideally.

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April 18, 2023, 02:13:50 PM
 #78

Invest what one can afford is the right thing to do with bitcoin.
Their is no late comer in bitcoin but the most important thing one should know whenever ready to invest bitcoin is to invest only the amount that can be affordable,  this makes every investment to go smoothly and successfully. Investing with the amount one can afford matters alot, it makes one mot to just depend on the investment and not to be so desperate to get profits. Investing with the amount one can afford helps one to stay calm whenever their is serious decrease of price of bitcoin. Bitcoin is an investment for everyone and every season,  no late comer in bitcoin but it is important people must invest rightly.

R


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April 18, 2023, 02:15:22 PM
 #79

It's also easier to understand because the market is so much different now than it was in the beginning, I understand the problem that new things always come out with different prejudices about it.
And the time to interact with them for people to realize what is the real value that they are bringing, not only for this market but I look at many other areas. With products that can be applied to people's lives, it is always necessary to adapt to them, and those who try to resist or give up on the journey associated with these things I think they will progress slowly than.

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April 18, 2023, 02:27:40 PM
 #80

~
Yeah, considering that it was like just around hundreds of dollars that year that it kinda looks like just any other investment you see in social media as well as in the stock market although it is just decentralized one and could be traded through P2P trading.

Back then, I thought Bitcoin was just like only an illegal currency in the internet primarily used in the deep web where some real and scary shit happens. Turned out I was wrong all along. Starting early 2017, I started investing into one. I do not have any regrets anyway regardless.
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