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May 28, 2023, 10:41:20 PM
 #41

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
Welcome aboard! There is no late joining here especially this ks not a first come first serve stuff. Try to take your time to learn and understand any stuff you want to because learning bitcoin is too broad  when it comes to this technology. Check the site below[1] for a good read.

[1] https://www.coindesk.com/learn/

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May 29, 2023, 01:12:11 PM
 #42

but of course it's never too late to invest in btc because according to people's analysis that bitcoin price will be high in the future.

Let's not just hope and use the analysis of price predictors as the reasons for our Bitcoin purchase. Having a high profit in mind can actually be misleading sometimes. This is what leads most people to borrow because they will have to borrow funds that they don't have just to grab the chance of buying and accumulating big before the exact predicted price will come, so that they can actually be at an advantage, which is the worst move to make. Future price prediction doesn't actually work the way we predict it to.

So I advise that if you want to buy and hold, just buy and hold for the long term, not minding when the big day will actually come, because it might come when you least expect it. That's why one can actually enter the market when they have the money and opportunity to; my profit day might not be your own profit day because we all did not enter the market at the same time.

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May 29, 2023, 01:13:29 PM
 #43

Many things may have happened and many people may have already achieved a lot because of Bitcoin, but it doesn't mean you're late or anyone who just joined is late. There are more opportunities and things we can achieve here regardless when did we entered Bitcoin. Don't focus on the time you've missed out, it's already great that you're starting your Bitcoin journey.

I hope you can learn a lot here in the forum. Just explore and feel free to ask if you are curious about something. This forum is a big help to grow your knowledge about Bitcoin. Tho your title about financial freedom may take a long time for you to achieve, but good luck on your journey.
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May 29, 2023, 01:28:09 PM
 #44

No one is late when it comes to bitcoin investment. 14 years old is still young IMO. Although bitcoin has already grown a lot since its inception there's still a lot of room for growth. There are only a few million people in the world that holds bitcoin. Bitcoin is still far from becoming a normal currency worldwide like our fiat. There are only 2 countries that officially call bitcoin a legal tender.

Even bitcoin's previous ATH of $68k is far from the current price of bitcoin. I expect bitcoin to reach its previous ATH price by next year or by 2025. If we buy at today's price that is more than 200% of our investment in a year or 2. No financial institutions will double your money in that short span of time. Bank interests, bonds, and other government and banking instruments can only offer little returns and are usually not enough to cover inflation.

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May 29, 2023, 02:12:57 PM
 #45

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin,
Yes, right. This forum is huge and very broad to dive into for people who want to learn about Bitcoin. Statistics show that every day this forum can reach 5,000 the number of posts made on various topics so that it can be called the most active discussion forum.
Every board that you will open has pinned that you need to read.

though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
It's not too late for people who want to join with a purpose to study and learn all the positives.

Welcome to the forum.
Your journey is just about to begin and enjoy the journey until you reach the desired destination so you can share the joy of being in this great forum.

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May 29, 2023, 02:45:44 PM
 #46

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?

Of course, you are not late, you can be ahead of the old ones here. If you are persistent in learning this, for sure you will be able to catch up with the knowledge of others who are ahead of you in the cryptocurrency industry.

As long as you are studying the things here in the forum, you can at the same time do at least some basic trading here, even if it's just a small amount, but not immediately with a large capital. Listen to those who can be called here and have extensive knowledge of Bitcoin or cryptocurrency on this platform.


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May 29, 2023, 02:54:36 PM
 #47

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
Yeah bro, I think you are just in time to join the moving train, although the question asked is quite understandable but I can tell you certainly that bitcoin is still at it early years because a time is coming when the massive use of bitcoin will be like a pandemic disease that has no cure and most government actually fighting it now will have no choice but to succum to its influencive powers and the price of it by then would have grown so huge that anyone trying to use it as an investment platform will be discourage because he will feeling the exact way you are feeling now.
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May 29, 2023, 03:45:02 PM
 #48

No one is late when it comes to bitcoin investment. 14 years old is still young IMO. Although bitcoin has already grown a lot since its inception there's still a lot of room for growth. There are only a few million people in the world that holds bitcoin. Bitcoin is still far from becoming a normal currency worldwide like our fiat. There are only 2 countries that officially call bitcoin a legal tender.

Even bitcoin's previous ATH of $68k is far from the current price of bitcoin. I expect bitcoin to reach its previous ATH price by next year or by 2025. If we buy at today's price that is more than 200% of our investment in a year or 2. No financial institutions will double your money in that short span of time. Bank interests, bonds, and other government and banking instruments can only offer little returns and are usually not enough to cover inflation.

In terms of profit, no other asset or investment can do what bitcoin has been doing, its profit is really everyone's dream. But don't just talk about profit but forget about risk when investing in it, the higher the return, the higher the risk. It's never too late to invest as long as the volatility of bitcoin persists, but I think it's better to invest as soon as possible because every day, bitcoin gets bigger and smaller, and the profits will get smaller and smaller. So grab the opportunity as soon as possible, don't hesitate and procrastinate.

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May 29, 2023, 04:08:12 PM
 #49

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
It's never too late to invest in something. Especially with cryptocurrencies, especially bitcoin, which I think is very suitable for you to invest at this time, and bitcoin continues to grow rapidly over time and more and more people know and invest in it from various circles.
even though the current bitcoin price is higher than at that time, and you can still do it according to your ability and the best is to do a DCA (Dollar Cost Averaging) strategy that you can buy at a certain time or time that you have set regularly. And this is the best choice for the long term because bitcoin will continue to increase even though it fluctuates, in the end it will increase again and even exceed its highest price. And what you prepare and instill in yourself is, you must have strong patience and also believe.

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May 29, 2023, 04:11:53 PM
 #50

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
May people have think of this, that they are late in bitcoin, but from my understanding I know quite well that their is no time you bitcoin is late or abnormal time to join bitcoin, but I believe that bitcoin technology will not die so therefore anytime you join the forum of bitcointalk you will still learn and understand the preamble or basic things about bitcoin,  what you need is consistent research and observation in cryptocurrency that will enable you to understand more of bitcoin, because some years back in forum they have discussed many things that is related to bitcoin so nothing is new of bitcoin except some of the measures of the security.

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May 29, 2023, 05:06:45 PM
 #51

Pish-posh, dear compatriot! Far from being tardy, you've arrived with clockwork precision. The grand tapestry of Bitcoin, along with its cyberspace brethren, continually weaves a pattern that ebbs and flows with the arrival of new faces. Since its inception in the tumultuous year of 2009, Bitcoin's influence over the global pecuniary landscape has been akin to a supernova, brilliant and game-changing.

Prudence and wisdom dictate the acquisition of knowledge about the skeletal structure that powers this system - the revolutionary blockchain. To merely invest would be a disservice, but to comprehend the philosophical underpinnings of Bitcoin is an exercise that rewards generously.

Ah, and a word to the wise, remember the old adage: Rome was not constructed overnight. To master the universe of Bitcoin and its intricate mechanisms will require a good measure of patience and time. However, the result is worth the proverbial gold. So, step aboard this Bitcoin locomotive and keep a steady grip! HODL steadfast!
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May 30, 2023, 06:11:05 AM
 #52

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
May people have think of this, that they are late in bitcoin, but from my understanding I know quite well that their is no time you bitcoin is late or abnormal time to join bitcoin, but I believe that bitcoin technology will not die so therefore anytime you join the forum of bitcointalk you will still learn and understand the preamble or basic things about bitcoin,  what you need is consistent research and observation in cryptocurrency that will enable you to understand more of bitcoin, because some years back in forum they have discussed many things that is related to bitcoin so nothing is new of bitcoin except some of the measures of the security.
This is sort of true and also not true at the same time. I think people are late to the "I put in 100 bucks and made 100 million" part of bitcoin, that was history and it is not going to happen again, too many people join crypto and invest into brand new projects just because they want to make money that way but we all know that it is not going to happen that way.

However, I do agree that we are going to see the situation a bit differently if we invest slowly and gradually. If we do that then we are going to end up with a good return on the long run, better than any other investment and it is still by far the best asset in the world, we should be looking into that and we would consider that a lot more important. I understand that it will be a tough situation, but we need to learn to patiently wait.

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May 30, 2023, 08:04:15 AM
 #53

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
May people have think of this, that they are late in bitcoin, but from my understanding I know quite well that their is no time you bitcoin is late or abnormal time to join bitcoin, but I believe that bitcoin technology will not die so therefore anytime you join the forum of bitcointalk you will still learn and understand the preamble or basic things about bitcoin,  what you need is consistent research and observation in cryptocurrency that will enable you to understand more of bitcoin, because some years back in forum they have discussed many things that is related to bitcoin so nothing is new of bitcoin except some of the measures of the security.
I think we can join bitcoin any time, especially now where the bearish period hasn't ended yet so it's even more profitable for us if we want to start. if we join in 2021, maybe it's still floating minus right now, it's different if you join now, it will be easier to make a profit because the price is still below $30k. therefore taking advantage of opportunities will be better, at a time like this. but remember you have to learn to understand bitcoin before deciding to invest, so you don't make mistakes
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May 30, 2023, 08:13:02 AM
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This is sort of true and also not true at the same time. I think people are late to the "I put in 100 bucks and made 100 million" part of bitcoin, that was history and it is not going to happen again, too many people join crypto and invest into brand new projects just because they want to make money that way but we all know that it is not going to happen that way.

Meme projects and shitcoins can still do that, but finding a project that brings millions of percent profit is like finding a needle in a haystack. Moreover, to find such projects, we must accept the risk of losing everything when investing in that shitcoin.

However, I do agree that we are going to see the situation a bit differently if we invest slowly and gradually. If we do that then we are going to end up with a good return on the long run, better than any other investment and it is still by far the best asset in the world, we should be looking into that and we would consider that a lot more important. I understand that it will be a tough situation, but we need to learn to patiently wait.

Bitcoin will still be the most profitable asset that no other asset can compare, but calling it the best asset is incorrect, as it is not safer than other assets. High return comes with high risk, we can also lose everything when investing in bitcoin. The future of bitcoin is unpredictable, and nobody knows in advance.

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May 30, 2023, 08:20:05 AM
 #55

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?

You are right the journey towards financial freedom began for those who started mining Bitcoin in its early days. And, even now many people are financially stable just because of Bitcoin. The creator of Bitcoin, Satoshi Nakamoto have given us this amazing technological innovation as a gift, and those who were early adopters of this amazing digital currency are living their lives with financial freedom. You can begin your journey of financial freedom from this very day if you adopt this brilliant innovation in your life.

You have came to the best place for learning about Bitcoin, this is the best community to learn about this crypto-currency. In this forum you can ask questions from the experts of the Bitcoin and you'll get very good answers from the expert users of this technology. I must say that it's one of the best decisions of your life that you've made. This forum and its most members are truly lovers of Bitcoin and who else can guide you better about a thing than its lover?

I also recommend you to learn more about this innovation by reading the whitepaper of Bitcoin, and give proper time to learning the concepts of this technology in the whitepaper. You should also read books related to Bitcoin because those books will help you to learn in depth about the technology behind Bitcoin.

And, if you can't understand anything from those books then you can ask questions in this forum, and you'll get your answer as soon as you post the question. The forum is known for the activity of the members and that's why the responses are fast and most of the question have already been answered by the experts.

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May 30, 2023, 09:07:53 AM
 #56

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?

I think that never late to study something new
You'r not first and you probably aren't last person who join to this trip. There are too many people who don't know about Bitcoin and cryptocurrency.
You need to have enough time to learn about Bitcoin as well. You need to get some experience. Experience is very important for your confidence.
And you have to know yourself. Trading it's about psychology, you should to control your emotions
I think this a good point to begin study. Imagine you joined when Bitcoin was 65k and you invested your money.

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May 30, 2023, 09:10:45 AM
 #57

Do not let profits be the only reason why you are accumulating Bitcoin because sometimes your dream would not come to pass because bitcoin will not be able 5x or 6x your money and you will feel disappointed, make sure that you are accumulating Bitcoin for other reasons like store value for example or the Freedom of not getting money sitted by centralised governments.

Also you must have heard about how many people turn into millionaires investing in other coins that is not bitcoin like meme coins and shit coins in crypto space right? That is why I will advise anyone that want to make a lot of money not too invested in Bitcoin only because the reality is Bitcoin would never bring insane amount of money for investors unless you have a lot of money that you can invest in Bitcoin starting from $50000 upward.
 
You can later divert the money you make from other coins into Bitcoin and hold your bitcoin for the long-term, this is how some crypto investors and influencers make money and hold bitcoin for the long-term.
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May 30, 2023, 09:39:07 AM
 #58

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?
May people have think of this, that they are late in bitcoin, but from my understanding I know quite well that their is no time you bitcoin is late or abnormal time to join bitcoin, but I believe that bitcoin technology will not die so therefore anytime you join the forum of bitcointalk you will still learn and understand the preamble or basic things about bitcoin,  what you need is consistent research and observation in
I am always ready to invest when I have the capacity to get some holdings which is what will make us make good profits from the market.  We don't have to wait for when the perfect time to invest or wait for people to tell us when we have to invest that is why we need to have good understanding about the cryptocurrency world. It will be to our own benefits of are ready to learn and acquire how to can improve in the way we do our own investment.

Quote
cryptocurrency that will enable you to understand more of bitcoin, because some years back in forum they have discussed many things that is related to bitcoin so nothing is new of bitcoin except some of the measures of the security.
We keep learning no matter how good we are or the amount of knowledge we might have accumulated in cryptocurrency. As the Year fade away, new things comes into the crypto world with better advantage to those are learning and improving. I believe when Bitcoin was launched then, many people see it as a ponzi scheme that if they put there money, they might lose it entire. Now that Bitcoin market is worth over billions of dollars, people now see it as a big investment that could make us rich in due time.









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May 30, 2023, 09:45:13 AM
 #59

In January 2009 after the release of Bitcoin, the journey to financial freedom begun, i believe this is the right platform for me to learn more about bitcoin, though Bitcoin is 14 years old now, hope i'm not too late to join the bus?

Bako97 (OP), Bitcoin was indeed introduced in January 2009, marking the start of a transformative journey towards financial freedom. While Bitcoin has been around for 14 years, it's never too late to join the bus. Embrace the opportunity to learn more about Bitcoin and its potential for your own path to financial independence. Time to make real investment with BTC.

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May 30, 2023, 10:02:18 AM
 #60

A regular person who has no funds to invest will just have to keep DCAing until you get that rare 1BTC.
Nah, that's not how DCA works. You must've funds to invest, whether with DCA or outright buy. No one can invest in capital based projects without funds. You need money to invest. The only thing the DCA technique does is allowing investors an opportunity to buy their favourable tokens in bits as they dip instead of buying at once and then watch in regret as they continue to dip in price.

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