Fivestar4everMVP
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May 15, 2023, 07:26:27 PM Last edit: May 15, 2023, 09:56:33 PM by Fivestar4everMVP |
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Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
Well, don't sound as if 0.1BTC is not already alot of money and one most individuals can't afford, most especially the less privileged people amongst us.. I tried to find out how much 0.1Btc is worth in my local currency here in Nigeria, and I discovered that the said amount of bitcoin is worth over 2 million naira in bitcoin's current price and exchange rate, to be precise, it's 2 million, 731 thousand naira, any Nigerian seeing this knows and would agree with me that that's a lot of money, and it's an amount the average masses can't afford. This is not to counter or disagree with your general opinion On whether it's too late to invest in bitcoin or not, but this is just let you know that even the 0.1 bitcoin you referenced in your post can't be afforded by many. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F15%2FScreenshot_20230515-201509f19c61dd09e8b50f.png&t=665&c=QQj2SOQM9ud03g) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F15%2FScreenshot_20230515-201438432b7a154b5654cf.png&t=665&c=lpoJtmsoDz_ICg)
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Vaculin
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May 15, 2023, 09:13:23 PM |
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To be fair most of people are looking to get rich quick by flipping their coin, that's why they're prefer to gamble on shitcoins rather than looking for the safest long term investment e.g. Bitcoin. There's always a person who can make money through shitcoins, but it's just like picking a needle in the haystacks, the chance is very low. They're also uneducated, that's why they don't have any reason to invest in Bitcoin except for making money.
Working in real life and convert to Bitcoin is better than gambling in shitcoins.
That’s the sad reality why most people refuse to invest in bitcoin because it’s highly volatile but easily jump into shitcoins hoping they can get rich overnight. Yes, some have experienced that but that does not mean that the rest will have the same fate with them. Gone are the days where shitcoins and meme coins are highly profitable in the market, now a lot of them have end up as dead coins. But if they will start to trust bitcoin, it won’t be a get rich quick but rest assured that their investment won’t end as zero value as long as they’ll invest for long term.
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Kasabus
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May 15, 2023, 09:34:31 PM |
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1. Bitcoin total max supply is almost at 21milliion, why should I invest? 2. Bitcoin miners are not making more Bitcoin as they used to. 3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
Do not pressure yourself trying to invest big like greedy investors did. Start with small investment first as the market is still young and too early before it matures. And know that no one’s late in crypto investment, as long as you invest in potential coins like bitcoin. And from there, just trust the process and invest for long term. That’s a good start for you so you will still be in profits while not putting pressures on yourself.
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Baoo
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May 15, 2023, 09:34:38 PM |
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For my perspective, it is never too late to purchase Bitcoin despite the current price is high comparing to previous years specifically from 2009 to 2017. Unfortunately, people always hesitant in taking decisions and afraid especially when it comes to anything related to investment, they end up criticizing themselves for the decisions have not taken before. In fact, Bitcoin is still progressing and providing us a short way to reach financial stability and it could help to change our lives in an excellent manner. In addition to that, I encourage new investors to start DCA method, it is really an effective strategy to guarantee a profit with less risk but in long term.
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Kelvinid
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win lambo...
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May 15, 2023, 09:37:56 PM |
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They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it. Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me.
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Smartvirus
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May 15, 2023, 10:30:49 PM |
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They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it. Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me. I don't think about it so much when people don't gollow in on my advises when it gives to cryptocurrency or taking up some crypto investments. Of course it's always up to them what to do with there funds less, you become an object of there problems. Every bad decision on there crypto journey would suddenly revolve about you and there is a very little way to defend yourself with someone that doesn't understands. It's easy to say it's over or too late when the funds are already looking unaffordable but, that doesn't mean too late. Certainly not for bitcoin as the coin has just a decade on it and its minnh days aren't done just yet. What most users would like to do is DCA and be proud when it becomes common.
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carlfebz2
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May 15, 2023, 10:35:09 PM |
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1. Bitcoin total max supply is almost at 21milliion, why should I invest? 2. Bitcoin miners are not making more Bitcoin as they used to. 3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
0.1BTC isnt something hard to accumulate imho but well we do know that not all people in other parts of the world does have that kind of capacity on accumulating even a fraction which it is really that sad. How you do consider out on saving or accumulating just 0.1? What would be its price when 99% of the population would really know about its existence? Well, i do agree into that point that its never been too late, but there would really be that people who would really be minding or preferring on getting multiple returns of their investment on a short time and without needing to hold up for how many years. This isnt really a shocking thing and even myself would really be having considerations on making investment on altcoin too. Well, this is a matter of preference since not all would really be that having on the same perception and same mindset when it comes to this matter. You are the ones who would really be the one will really make out decisions which you would see whether it would really be that being positive on near future or not.
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Slow death
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May 15, 2023, 10:48:38 PM |
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Sometimes I look at this kind of questions like: is it too late to invest in bitcoin? So I keep asking myself, how do they manage to arrive at this kind of thinking. honestly it makes no sense, for example, before I was born, gold already existed, people bought gold, and after more than 30 years they are still buying gold, and the same thing will happen with bitcoin and it seems that certain people do it on purpose not wanting to see this. the fact that they saw the price at less than 100$ and it reached above 60,000$ makes people so greedy that they think that bitcoin has become a lottery ticket in which they will buy today and tomorrow they will have a 1000% profit
and that's why people keep talking nonsense about how it's late to buy bitcoin, they don't wonder how many investments give 30% profits per year, the irony of these people is that they invest in gold and savings account in banks and can't make 30% profit a year, but they keep complaining about bitcoin, this is simply something that makes no sense, they have to stop looking at 2x or 10x profits, having 40% profit is already a lot, until a few months ago the price of bitcoin was in the 15000$ and in the last few weeks it reached 30,000$ so it's a 2x profit that even gold can't give in 1 year and who knows how many years it would take to give. yet people complain
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Stella Mese
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May 16, 2023, 12:31:39 AM |
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lots of people say that investing in btc is too late and will only make people who invest in btc first become big profits, and lots of people say that, and in the end they invest in altcoins which are cheap and have a large supply, and after they invest they end up losing because the price of the altcoin has fallen very deeply.
but I'm sure that someday people will also realize how risky investing in altcoins is because investing in altcoins is high risk, and eventually they will choose btc as an option for their investment.
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Josefjix
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yes
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May 16, 2023, 02:55:23 AM |
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They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
We can't turn back time, but we can remedy our mistakes; most of us missed out on bitcoin when it was cheaper, and it still stings today. Bitcoin was at an early stage of accumulation at $500, but due to FUD, most investors never planned to buy in it. During the bull run up that reached an ATH, most traders developed FOMO and began to hoard bitcoin; some made huge winnings, while others had their accounts liquidated. It's entirely one good market experience, always follow up on a project no matter how underestimated it is, no one knows the upcoming market trend.
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landheer
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May 16, 2023, 03:38:38 AM |
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yes, indeed now the price of btc is high and with the high price of btc it makes people afraid to invest in btc, because they are afraid that afterwards the price of btc will go down.
but what people say is true because they may not know, about btc or they have a lack of guts, because in my opinion that investment must have courage and strong guts.
but in my opinion for people who don't want to invest in btc, you shouldn't force them to invest, but don't regret it if one day the price of btc reaches a high price like $ 500k.
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.gustafson
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May 16, 2023, 06:06:47 AM |
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HODL and watch the magic happen! Bitcoin's scarcity and growing adoption will drive its value sky-high. Don't stress, just stack those sats and enjoy the ride to financial freedom.
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worle1bm
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May 16, 2023, 06:20:27 AM |
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Those who don't want to invest in btc have all the excuses and end up buying those shitcoins which don't give any returns or say will drain your funds also.The people who say prices are high at this time also would never have stepped in at ATH and why in the hell we think we can't buy part of it? The smallest investment covering fees is also good but you should have the proper mindset to do so.
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FrozenBit
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May 16, 2023, 08:09:03 AM |
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OP mentioned is only a small part of the barriers for newcomers to have a better view of bitcoin investing, it's really hard to convince someone to invest in bitcoin in the first place when in terms of price the large portion is what makes them overthinking and they also do not really evaluate the possibility of profit for them in the future. The problem of experience then made many people admit to the fact that they were just going around and then still looking to bitcoin itself as a destination to optimize profits as well as limit risks, which is understandable when The fact that knowledge causes us to have false prejudices on the journey we are on.
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mirakal
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May 16, 2023, 05:01:23 PM |
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...but I'm sure that someday people will also realize how risky investing in altcoins is because investing in altcoins is high risk, and eventually they will choose btc as an option for their investment.
As from what people are saying, high risks; high reward. Altcoins may be riskier to hold compared to bitcoin but it can still be a profitable venture either if it's a long-term or short-term as long as you will pick the top working altcoins like ETH, BNB, etc. Also, there's nothing wrong if we choose to hold altcoins as well because our portfolio is not really limiting to only one coin which is bitcoin. What I'm trying to say here is that bitcoin is truly a must sought coin these days but trying to hold other coins aside from bitcoin itself is really not a bad idea at all.
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Hamza2424
Legendary
Offline
Activity: 1064
Merit: 1087
🇵🇰 Pakistan
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May 16, 2023, 06:44:46 PM |
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I am really not sure about it whether we are early or late but comparing the opportunity that recently passed I think the people who were in but were actually out by investing are really late now. Still, there is a time you have to pay the price by cutting down the profit potential you were able to make but now you can but still profits are waiting for you. Sounds Stupid naah I don't think so.
Anyway OP is guiding us well we should never lose hope as I am also waiting for more Opportunities because I've also missed a lot but my reason was my funds issues beside that now Alhamdulillah I am able so I am trying to grab as much as I can.
Sike - It's BTC you are never late, Just be patient.
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Alpha Marine
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May 16, 2023, 07:45:29 PM |
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The problem is people tend to compare how things were before and how things are now. Instead of them to think about what will be in the future. People who keep feeling they're too late will always keep missing out on bigger opportunities. We have to try and see the bigger picture in this. Yes, Bitcoin is relatively poor now when compared to where it was but we should also remember that it's better than where it was too.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Japinat
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May 16, 2023, 08:09:30 PM |
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For my perspective, it is never too late to purchase Bitcoin despite the current price is high comparing to previous years specifically from 2009 to 2017. Unfortunately, people always hesitant in taking decisions and afraid especially when it comes to anything related to investment, they end up criticizing themselves for the decisions have not taken before. In fact, Bitcoin is still progressing and providing us a short way to reach financial stability and it could help to change our lives in an excellent manner. In addition to that, I encourage new investors to start DCA method, it is really an effective strategy to guarantee a profit with less risk but in long term.
It's because they let the other people's opinion to get ahead of them instead of having a leap of faith towards investing in bitcoin, we may have not able to get onboard on the first train but I'm quite certain of the fact that it is still not yet too late to invest. And while you're doubting yourself, many people have already made their move and probably gained some profits already. It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now.
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Ryu_Ar1
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May 16, 2023, 08:25:42 PM |
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They obviously lack knowledge and research abilities, and talking sense to such people is near impossible since no matter how much you chant about something, they will still do what they want at the end and all that you say and do to make them understand a point is simply a waste of your own time and efforts, so it's better to leave such people alone and let them experience it themselves.
When Bitcoin was at $500 per unit, people used to think and say the same thing that they are late and they won't make any gains anymore, the same was the case when it reached $3k and then $10k, so there will basically always be such people out there, let them be.
No matter how we explain them, these people will still claim the opposite and couldn't agree with what we tell them. Because what is really in their mind is full of negativity and doubts, we can't influence their minds unless they will change it. Perhaps, proper education could really help these people to understand how this works but I say that it was a big challenge on their mind on how to change them. But for me, I should not render time with this kind of people who are not willing to change and take advice from me. Instead of focusing on thinking about things like that and preparing a lot of defenses I don't think it will solve anything and instead I think it will add more to the existing debate. There is no middle point where pros and cons argue because indeed both of them definitely want to beat with the arguments they have. Personally, in this condition, it's better to get out and focus on what I'm doing because regardless of anything, it's better for me than having to say a lot of words because in the end, things like that won't be heard. They have a focus on not wanting to be in bitcoin and the assumption by saying it's late is just a classic excuse so why bother about something like that because it's the best thing for them but on the other hand we as people who do have different thoughts then just stick to the initial goal us because it is also the best choice for us. Basically things like that about the pros and cons will definitely continue to exist depending on you to react to it. If indeed we are challenged to debate then that is also good because things like that are worth debating but for myself, I prefer to let it go because it won't it also has its effect on me and I don't need to get tired of dealing with people like that.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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varchar_8
Newbie
Offline
Activity: 1
Merit: 0
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May 16, 2023, 09:08:18 PM |
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to think one is late to btc is to think btc is a ponzi scheme. if one really believes in utility of btc one can never be late. never.
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