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Author Topic: Is It Late To Invest In Bitcoin?  (Read 1272 times)
Dripplurd
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November 08, 2023, 09:41:58 AM
 #141

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

At no point it is never too late to invest in Bitcoin,but it will be too late to exit bonds and to exit fiat.
AicecreaME
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November 09, 2023, 12:41:46 PM
 #142

If you're going to listen to those self proclaimed experts, you're never ever going to have a bitcoin investment because of their mindset.

It's never too late to invest in Bitcoin, as long as it is still pumping and dumping, buying at the dip is the key for you to start your investment journey. Research on your own, don't listen to a YouTuber's opinion, decide for your own based on the results of your own research regarding about Bitcoin and other cryptocurrency.
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November 19, 2023, 11:23:03 AM
 #143

If you're going to listen to those self proclaimed experts, you're never ever going to have a bitcoin investment because of their mindset.

It's never too late to invest in Bitcoin, as long as it is still pumping and dumping, buying at the dip is the key for you to start your investment journey. Research on your own, don't listen to a YouTuber's opinion, decide for your own based on the results of your own research regarding about Bitcoin and other cryptocurrency.

Bitcoin hasn't even reached the masses yet (yes, there are some countries with limited or no Internet access), so I'd say we have plenty of time to join the craze. Once BTC gets adopted by every single country in the world, market prices will be a lot higher than what they are right now. Probably within the millions of dollars (USD). Besides, Bitcoin hasn't been able to solve the "Blockchain Trilemma' yet. There are scaling issues that not even the Lightning Network has been able to handle them appropriately (it's buggy after all). There's also the issue of privacy where every transaction is visible on the Blockchain. Adding ZKPs would do the trick.

With just 14 years since BTC's inception, a lot has been achieved. Would you imagine how BTC will evolve within the next 10 years? Just keep buying, and holding, and I'll see you in "Mars" soon. Cheesy

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November 19, 2023, 02:33:09 PM
 #144

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

Really it’s not late to invest in Bitcoin, you can adopt the DCA techniques to follow the price trend or you use the Bitget Smart portfolio bot.
Youngkhngdiddy
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November 19, 2023, 02:49:35 PM
 #145

If you're going to listen to those self proclaimed experts, you're never ever going to have a bitcoin investment because of their mindset.

It's never too late to invest in Bitcoin, as long as it is still pumping and dumping, buying at the dip is the key for you to start your investment journey. Research on your own, don't listen to a YouTuber's opinion, decide for your own based on the results of your own research regarding about Bitcoin and other cryptocurrency.
  I believe that the prices are going up because of “irrational exuberance,” that is, people flocking to make a profit before it’s too late. However, I also believe that bitcoin has intrinsic value and my estimate is that in the long-run, when all adjustments have been made and everyone has plenty of information about what bitcoin is, the value would be about $150K. I came up with this number assuming that bitcoin will be a perfect substitute for gold. So, in the end, the value of bitcoin will be set in such a way that you’re indifferent between holding gold or holding money.
   Investors have been flocking to cryptocurrencies during the pandemic-driven volatility on global stock markets. You can’t just help but consider investing in cryptocurrency especially now that bitcoin is getting all the attention and is on course to surpassing its ATH.
siniminomorocomunisakito
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November 19, 2023, 02:52:22 PM
 #146


At no point it is never too late to invest in Bitcoin,but it will be too late to exit bonds and to exit fiat.

Well. You are right that over time the fiat value will disappear by itself and BTC is a very popular pair to trade and the latest trading review of BTC crypto is getting higher.

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Blitzboy
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November 19, 2023, 03:25:26 PM
 #147

If you're going to listen to those self proclaimed experts, you're never ever going to have a bitcoin investment because of their mindset.

It's never too late to invest in Bitcoin, as long as it is still pumping and dumping, buying at the dip is the key for you to start your investment journey. Research on your own, don't listen to a YouTuber's opinion, decide for your own based on the results of your own research regarding about Bitcoin and other cryptocurrency.

Bitcoin hasn't even reached the masses yet (yes, there are some countries with limited or no Internet access), so I'd say we have plenty of time to join the craze. Once BTC gets adopted by every single country in the world, market prices will be a lot higher than what they are right now. Probably within the millions of dollars (USD). Besides, Bitcoin hasn't been able to solve the "Blockchain Trilemma' yet. There are scaling issues that not even the Lightning Network has been able to handle them appropriately (it's buggy after all). There's also the issue of privacy where every transaction is visible on the Blockchain. Adding ZKPs would do the trick.

With just 14 years since BTC's inception, a lot has been achieved. Would you imagine how BTC will evolve within the next 10 years? Just keep buying, and holding, and I'll see you in "Mars" soon. Cheesy
We are still in the early stages; the "mass adoption" part is still a dream. Limits on the Internet? There are some, but keep this in mind: technology grows in a way that is not predictable. So, the number of people who can connect to the Internet might surprise us!

Its true that the "Blockchain Trilemma" is hard to solve. Even though it has bugs, the Lightning Network is still a step forward, right? Not perfect, but new and different. Privacy concerns? Absolutely valid. ZKPs could be the key to success here. They protect privacy without putting the blockchain at risk.

Agree with your 10 years perspective. Its not enough to hold on and hope to hit Mars; you want to be a part of a financial change. Problems to solve? They're just goals that need to be reached. Bitcoin's chances? It changes with the people who use it.

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November 19, 2023, 03:27:18 PM
 #148

If you're going to listen to those self proclaimed experts, you're never ever going to have a bitcoin investment because of their mindset.

It's never too late to invest in Bitcoin, as long as it is still pumping and dumping, buying at the dip is the key for you to start your investment journey. Research on your own, don't listen to a YouTuber's opinion, decide for your own based on the results of your own research regarding about Bitcoin and other cryptocurrency.
  I believe that the prices are going up because of “irrational exuberance,” that is, people flocking to make a profit before it’s too late. However, I also believe that bitcoin has intrinsic value and my estimate is that in the long-run, when all adjustments have been made and everyone has plenty of information about what bitcoin is, the value would be about $150K. I came up with this number assuming that bitcoin will be a perfect substitute for gold. So, in the end, the value of bitcoin will be set in such a way that you’re indifferent between holding gold or holding money.
   Investors have been flocking to cryptocurrencies during the pandemic-driven volatility on global stock markets. You can’t just help but consider investing in cryptocurrency especially now that bitcoin is getting all the attention and is on course to surpassing its ATH.

But I don't understand, why when bitcoin reaches $150k, it replace gold . How exactly will it supplant gold, and in what domains? These assets serve distinct purposes and are fundamentally different , why do they compete and replace each other?

Bitcoin is getting a lot of attention from all over the world and it is becoming a global phenomenon . But what's interesting is that the proportion of the population investing in it is still less than 10% of the global population , so it would be a bit of an exaggeration to say that it will be an option to replace gold or any other financial market. It will happen but not now , not in the next bull season, we need more time to get there.

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November 19, 2023, 06:21:12 PM
 #149

If you're going to listen to those self proclaimed experts, you're never ever going to have a bitcoin investment because of their mindset.

It's never too late to invest in Bitcoin, as long as it is still pumping and dumping, buying at the dip is the key for you to start your investment journey. Research on your own, don't listen to a YouTuber's opinion, decide for your own based on the results of your own research regarding about Bitcoin and other cryptocurrency.

Absolutely yes one should not follow the Suggestions of others always because they will talk to you that its too late but will accumulate bitcoin  by themselves so try to avoid unnecessary suggestions which can only decrease your courage. Analyse your budget if you can still buy bitcoin then there is not too late to buy bitcoin because months are remaining for bull run.

It will be better for you to take the decision of buying and selling on your own because no one cares about others so I don't think someone will give better decision to others. Now the price of bitcoin is higher but not so higher that it become late for buying so all those who wants to hold bitcoin are still buying bitcoin at present worth.









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November 19, 2023, 09:03:53 PM
 #150

When you walk up in the cryptocurrency market is your morning hours, which is investing in Bitcoin is the morning hour to invest now and is not too late to invest in Bitcoin, which is the best entry point to buy, while waiting for next Bull Run market to start.

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November 19, 2023, 09:27:54 PM
 #151

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
never think that you are too late to invest in bitcoin, you may see the current price of bitcoin touching more than $30k but do you think the price of bitcoin will remain at $30k? the price of bitcoin will continue to fluctuate, if you want to go back to the past in 2010 then that will no longer be possible, the price of bitcoin will rise as time goes by, it's never too late to start investing in bitcoin, you can start with just $10 (not yet fee deducted).

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November 20, 2023, 01:45:01 AM
 #152

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
If you're a 20-year-old student, I think it's not too late for you to have a relationship with Bitcoin. Rather, you rushed to the BitcoinTalk forum to deal with Bitcoin too soon. However if you can spend long time here and gain good knowledge then surely you can earn from Bitcoin and make yourself financially well off. Bitcoin is a virtual currency that will help you advance financially in the future and you can build your career beautifully. Those who bought and held bitcoins in the past are currently reaping huge profits and have financially catapulted their careers to higher heights. I think if a person invests in Bitcoin for a long time with the goal of building a career, he can definitely become quite financially independent. And today I think if you want to make your future then definitely invest in Bitcoin and hold it because you will have it as an asset in your future.

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arjunmujay
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November 20, 2023, 02:08:38 AM
 #153

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

I think it's still not too late if you want to dabble further with the world of bitcoin. with your young age, you can spend a little money and invest it in bitocoin.
Just buy bitcoin as much as you can, and hold it for the next few years or even save it until you feel enough to hold it.

There are already a lot of people who invest even with a much older age than you. and hope that the investments they make can be passed on to their children.

stay on this forum to get information about bitcoin transparently unlike other forums or even from social media and websites that are not correct in their writings and talks about bitcoin.

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November 20, 2023, 02:20:34 AM
 #154

Just a few days ago I researched one such opinion.
Then I saw that the Bitcoin market cap is much smaller compared to the big market cap in the world. Where gold and other markets are in the trillions of dollars, there are only billions of Bitcoins.
I was also surprised to know that,
If 5% of the 800 billion people in the world are rich people, and if those rich people invest 10% of their wealth in Bitcoin, it will be several times more than the current price of Bitcoin.
It is assumed that by looking up the current Bitcoin address
Out of the 800 billion people in the world, only 200 million people have bought Bitcoin and the rest are still left.

So understand that Bitcoin is not late yet, there are still many opportunities in Bitcoin.
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November 20, 2023, 03:05:01 AM
 #155

It's not uncommon to see someone say it's too late, too late, too late to invest in bitcoin.

Then what price do you want to start investing in bitcoin? Is it at $20K, if YES then just wait for the drop, but we don't believe bitcoin will drop again.

You as a student / student do you have additional income, if you only rely on what you have then it will feel heavy investing in bitcoin, because the money is limited maybe your parents still help pay for your school so far.

My advice if you have more savings or other additional income, just invest in bitcoin by means of DCA it will not make it heavy in bitcoin investment.

Yes, I've often heard words like that, but it's not wrong what OP did because for people who are new to BTC, I've also said that, but after digging a little knowledge on this forum and on the internet, I understand a little bit about it. the benefits of investing in BTC and the risks of investing in btc, and I have the conclusion that investing in btc is something that is very risky but in my opinion if I don't invest in btc I have no hope in the future and without the guts we have no potential to gain profit from invest in BTC, and I don't want other people to succeed in investing in BTC in the future, while we just cry because we regret not having the courage to invest in BTC and not profit.

Yes, I think the DCA system is very good, but the decision is in OP's hands and only money that is ready to lose is good to invest in BTC.
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November 20, 2023, 03:43:18 AM
 #156

It's not uncommon to see someone say it's too late, too late, too late to invest in bitcoin.

Then what price do you want to start investing in bitcoin? Is it at $20K, if YES then just wait for the drop, but we don't believe bitcoin will drop again.

You as a student / student do you have additional income, if you only rely on what you have then it will feel heavy investing in bitcoin, because the money is limited maybe your parents still help pay for your school so far.

My advice if you have more savings or other additional income, just invest in bitcoin by means of DCA it will not make it heavy in bitcoin investment.

Yes, I've often heard words like that, but it's not wrong what OP did because for people who are new to BTC, I've also said that, but after digging a little knowledge on this forum and on the internet, I understand a little bit about it. the benefits of investing in BTC and the risks of investing in btc, and I have the conclusion that investing in btc is something that is very risky but in my opinion if I don't invest in btc I have no hope in the future and without the guts we have no potential to gain profit from invest in BTC, and I don't want other people to succeed in investing in BTC in the future, while we just cry because we regret not having the courage to invest in BTC and not profit.

Yes, I think the DCA system is very good, but the decision is in OP's hands and only money that is ready to lose is good to invest in BTC.
Hope is our only guide to getting a better future. and we must also prepare for this hope with thorough knowledge. it is impossible for us to hope for luck without taking chances which are risky. However, with knowledge, risks can be minimized, thus paving our way to getting lucky later. For now, Bitcoin is still worth investing in, especially since it is still in a bearish season, and opens up the opportunity to soon experience a bullish season in the future

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November 20, 2023, 05:38:16 AM
 #157

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

  Why should you believe those who claim to know everything about Bitcoin? If you do your study and learn about Bitcoin or cryptocurrency, you will quickly see that what they are saying is incorrect. Discover what bitcoin truly is on your own terms.

  The success of someone in our field is determined not by what others say, but by what we decide when you are here. So the question is, do you want to know what Bitcoin is, or do you want to know nothing about it?

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
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EarnOnVictor
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November 20, 2023, 08:42:57 AM
 #158

It's not uncommon to see someone say it's too late, too late, too late to invest in bitcoin.

Then what price do you want to start investing in bitcoin? Is it at $20K, if YES then just wait for the drop, but we don't believe bitcoin will drop again.

You as a student / student do you have additional income, if you only rely on what you have then it will feel heavy investing in bitcoin, because the money is limited maybe your parents still help pay for your school so far.

My advice if you have more savings or other additional income, just invest in bitcoin by means of DCA it will not make it heavy in bitcoin investment.

Yes, I've often heard words like that, but it's not wrong what OP did because for people who are new to BTC, I've also said that, but after digging a little knowledge on this forum and on the internet, I understand a little bit about it. the benefits of investing in BTC and the risks of investing in btc, and I have the conclusion that investing in btc is something that is very risky but in my opinion if I don't invest in btc I have no hope in the future and without the guts we have no potential to gain profit from invest in BTC, and I don't want other people to succeed in investing in BTC in the future, while we just cry because we regret not having the courage to invest in BTC and not profit.

Yes, I think the DCA system is very good, but the decision is in OP's hands and only money that is ready to lose is good to invest in BTC.
Hope is our only guide to getting a better future. and we must also prepare for this hope with thorough knowledge. it is impossible for us to hope for luck without taking chances which are risky. However, with knowledge, risks can be minimized, thus paving our way to getting lucky later. For now, Bitcoin is still worth investing in, especially since it is still in a bearish season, and opens up the opportunity to soon experience a bullish season in the future
It's still practical for Bitcoin to reach as high as $250,000 in the next 5 years, which is still considered a very good investment. You will hardly see assets apart from cryptocurrency that would earn you as much as about x7 of your investment within that short period of time judging by the price of Bitcoin which stands shortly above $37,000. I love to take risks, good ones for that matter and I always consider Bitcoin a good investment due to the achievements made so far, the young age and the prospect of the coin itself. No one would lose investing in Bitcoin, though might gain a little. The price is somewhat high, but still, it's a good investment, only that you might not be able to gain as much as you might have gained through the coin many years back. Thankfully, there are alternative coins to complement it, so as you have the most reliable coin, you might want to add altcoins to it in case it is the more money you are really in for.

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FinePoine0
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November 20, 2023, 12:38:25 PM
 #159

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

It is better not to dwell on the time that has passed. Because when an opportunity is missed, the plan should be dropped. If planning is to be done, it is best to plan ahead. There is still an opportunity to invest in Bitcoin because if you invest for a long time you can because the price of Bitcoin will increase. If you are willing to bear the risk of investing, then you have the opportunity to invest in the next period while waiting for this small bull market. So invest fast without delay Bitcoin price will definitely increase after halving in 2024.

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November 20, 2023, 12:46:35 PM
 #160

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

Most content creators on YouTube are liars; although I'm not saying all of them are, most are. If you want to see that other YouTubers are promoting a cryptocurrency, they are just showing off that it is good, but shit coin and the coins they are promoting are really worthless.

So be careful not to get carried away by what they say on YouTube because, for sure, you will fall for their deception in reality. I hope other YouTubers are used to deception.

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