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Author Topic: Is It Late To Invest In Bitcoin?  (Read 1587 times)
Smack That Ace
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November 20, 2023, 12:59:43 PM
 #161

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.

Although this may sound exaggerated as we still have many other investments besides bitcoin but I agree with you on this. Because my life also changed a lot thanks to my bitcoin investment. I honestly don't know what my current life would be like without any bitcoin investments. And I also agree with you that OP is not wrong because beginners often have no direction. So it's no wonder they're unlucky enough to encounter scammers or people with negative opinions about bitcoin. But now OP is here, and we can say that the opportunity is still there for him, and the decision is up to him.

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November 20, 2023, 02:28:09 PM
 #162

I don't know why most of the newbies rely on the information made on YouTube. We know that almost all of the videos uploaded there are for money-making content videos so they would talk any sht just to clickbait viewers. That's why prank videos got viral and trending before cause people got clickbait with a title like "I become a billionaire by just investing in Bitcoin" Then when you watch the video he can't even prove that he's a billionaire and how did he earned that much. Never listen to influencers that are obviously fake and professional wanna be, there are some people sharing their information and experiences online which you can take as 2nd opinion but never rely on them. Bitcoin might already have a huge value currently so you wouldn't taste a big amount of profit when you accumulate around $20k, but doesn't mean you are too late, cause if you hold Bitcoin for too long term for sure you would profit like using DCA method.

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November 20, 2023, 02:55:25 PM
 #163

When you rely on a best time to make investments in a highly fluctuating and unpredictable market like we have in Bitcoin or cryptocurrency for shorts, you miss out on a lot of good opportunities to invest. That’s why we’ve got no specifics to investing in cryptos.
While others might take it for an everyday business, trading and what have you, there are others that just buy and silently grow a Bitcoin portfolio. This becomes the case for most inexperienced fellow who don’t know so much but chose to stick to basics in there investment patterns amidst other studies.

It doesn’t matter when or where you meet up the market, your not late. Your goals is what makes you late. Define your goals in a long term pattern and be ready to do the time it needs to yield the sort of profit you desire. DCA has been a more favorable practice for new and old investors.
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November 20, 2023, 03:11:02 PM
 #164

Bitcoin was at the rate of $16,000 in 2021 it even hit $15,000 and it was a very good time to buy and invest in it but many people distained and disliked it but now they are the ones regretting that they didn't buy and invest in that year. Well it is not too late yet. Bitcoin is just 36k$ to 37k$ and the prediction is still high so if anyone is interested then this is also an another opportunity to accumulate before the real bull market take place. And one thing we have to know is that we don't have to discourage anyone that is interested. We can only tell the person the risk involved and if he or she is still interested then you put the person through.

You don't have to be said, there is still time to the bull market so if you have cash just buy the quantity you can and store it in the wallet. And calmly observe the market once a while. Op your Lamentation will not change anything so just forget about the past and face the front with the reality. You don't have to be depressed or something else. Do what you can do to have some bitcoin.

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November 20, 2023, 03:36:42 PM
 #165

Bitcoin was at the rate of $16,000 in 2021 it even hit $15,000 and it was a very good time to buy and invest in it but many people distained and disliked it but now they are the ones regretting that they didn't buy and invest in that year. Well it is not too late yet. Bitcoin is just 36k$ to 37k$ and the prediction is still high so if anyone is interested then this is also an another opportunity to accumulate before the real bull market take place. And one thing we have to know is that we don't have to discourage anyone that is interested. We can only tell the person the risk involved and if he or she is still interested then you put the person through.
I am also one of those people who regret it now. In 2021 one of my friends told me about Bitcoin and its price and he said that it was time to invest in Bitcoin because the price was low. I refused his offer by saying that Bitcoin is nothing because if it gives that much profit to the persons then why the majority do not invest in it and go to government jobs or other sectors and those who believe in Bitcoin will lose all their funds. Those who invested money at that time in Bitcoin are now happy. After some time at the end of 2022, I started following Bitcoin and learned about Bitcoin and now I am here to get more knowledge.

So the reason for telling this story is that it is never too late to invest in bitcoin If you realize and are satisfied with Bitcoin then it is the initial stage and do not worry about the price because Bitcoin at every bull course the ATH so when in the coming bull run it may be cross the previous ATH, so today's price will be looking nothing.

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November 20, 2023, 05:06:07 PM
 #166

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
Dear college student ,you are not late in the bitcoin business. After all if you think that you are late then I think that Late is better than never. In reality, bitcoin has potential to be join at any time for the all ages of life. But remember that you should study this business and its psychology. This is different to all other business. It is a business and trade that is always full of  potential and  have open opportunities for everyone to increase their income. This business is a flash of hope for poor and middle class .Availing some good chance and luck they can be rich surprisingly.

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November 20, 2023, 05:49:14 PM
 #167

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
I don't think it's ever too late to invest in bitcoin. Sure, there may be some pullbacks, but if you're in it for the long term, it will always go up and pay off. What I always say to my family members is that I don't think bitcoin is going to make me wealthy or rich, I am just out here trying to preserve my money in to the future with out getting this hidden tax that is inflation.  We just have to accept it as getting poor and poor whilst working harder and harder then ever before.

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November 20, 2023, 06:15:05 PM
 #168

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’s not too late to invest in bitcoin. Bitcoin isn’t a means to make you rich, it’s something you can own over time even in small pieces and be part of something greater than the traditional fiat currency. If you can buy a piece of the technology now, you could. If you want to buy it in the future, you can do that aswell.
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November 20, 2023, 09:37:25 PM
Merited by CryptopreneurBrainboss (2)
 #169

You don't have to be depressed or pathetic about missing out in the opportunity back in 2013 or thereabout you can still invest in Bitcoin buying in bits and it's still a good investment because overall, Bitcoin is bullish and in few years from now you will further regret not investing now because buy then the price will be way above that which it is now, so now is still a good time, you mustn't buy a full unit of Bitcoin you could still get in smaller bits or units and in few years from now if it happens you invest in the long term , you would still be profitable well enough.


You mustn't wait for the price to come down well enough to give you another opportunity as in some cases it may never go down again so it's best to invest now and if you wait to get money wort a full unit you may not be able to purchase Bitcoin because by the time you may have gotten that amount the price may have further gone higher so you would have to continue saving again for the second time and this may continue on and on and you may end up not investing again.

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November 20, 2023, 11:05:26 PM
 #170

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
People who says their is no benefit in investing bitcoin now are not saying the truth and they lack ideas, during the last bear market of bitcoin sometimes in 2022 the price of bitcoin dropped about $15000 btc , just imaging those who bought for this amount don't you think they ate benefiting good profit as bitcoin is going higher now. Investors who bought bitcoin at $1k are benefiting just as what the early investors benefited when bitcoin came out. Anyone that say their is nothing to gain from bitcoin is not saying the truth or does not even know what he is talking about,  their is nothing that have changed investing in Bitcoin.
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November 20, 2023, 11:12:09 PM
 #171

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
Some people mislead some people for investing in cryptocurrency and especially bitcoin, so therefore what I really want us to understand in cryptocurrency is that Bitcoin have to do with time and their is no time someone invested in bitcoin that is not real time and is time wasted for bitcoin investment, because the price of bitcoin is not constant and it always regulates and rotate, so therefore anytime someone invest in bitcoin is a good time to invest in bitcoin.


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November 21, 2023, 03:54:34 AM
 #172

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
I don't think it's ever too late to invest in bitcoin. Sure, there may be some pullbacks, but if you're in it for the long term, it will always go up and pay off. What I always say to my family members is that I don't think bitcoin is going to make me wealthy or rich, I am just out here trying to preserve my money in to the future with out getting this hidden tax that is inflation.  We just have to accept it as getting poor and poor whilst working harder and harder then ever before.
It is true, however, that we never skimp on small matters when planning long-term investments. If making a short-term investment, we can definitely look for different market niches and plan to invest when the price of Bitcoin is low. But whenever we plan long-term investment, we have a feeling that we can earn a lot of money from it in the future. The hope you are passing on to your family will definitely be fulfilled if you can hold on to your Bitcoin investment for the long term. Although we may not be able to invest that much money and keep it, the amount of money we invest and keep patiently will really serve us well in the future. And since your investment will be an asset for you in the future, it is sure to make you rich only in time, when the Bitcoin market is at its highest ATH you will definitely get double.

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November 21, 2023, 05:14:59 AM
 #173

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
I don't think it's ever too late to invest in bitcoin. Sure, there may be some pullbacks, but if you're in it for the long term, it will always go up and pay off. What I always say to my family members is that I don't think bitcoin is going to make me wealthy or rich, I am just out here trying to preserve my money in to the future with out getting this hidden tax that is inflation.  We just have to accept it as getting poor and poor whilst working harder and harder then ever before.

Well, are these your honest words? I'm seriously skeptical of someone who says they invest in bitcoin because they're trying to protect their money from inflation and the government. I don't deny that bitcoin is helping us protect our assets and privacy, but it would be a lie to say that we don't care about the profits it brings. No one holds bitcoin without caring about profit, even if profit is the main concern. Bitcoin no longer brings us wealth with a small capital but it is clearly still an investment that can help us increase the value of our assets significantly. And that's why most of us are here with bitcoin.

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November 21, 2023, 12:11:44 PM
 #174

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.

Nice observation. A small market cap  means Bitcoin still hasn't reached the masses. Once it goes fully mainstream, BTC will never be "cheap" again. Spot ETFs on the US haven't been adopted yet. I'd say we're early adoptets of the revolution. There's plenty of time to accumulate Bitcoin before the whole world adopts it as an alternative to Fiat.

When you see some governments adopting BTC as legal tender, that's when you know that "hyoerbitcoinization" is coming soon. Even pro-crypto politicians are surging these days (Robert Kennedy Jr, Javier Milei). Banks and the elite don't want you to buy Bitcoin because that means less/power control for them. They will keep spreading FUD to lure away as much people from Bitcoin as possible. Hopefully, decentralization will triumph, making Fiat currencies a thing of the past. Who knows if BTC becomes the global currency many were talking about? Cheesy

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November 21, 2023, 12:38:03 PM
 #175

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’s not too late to invest in Bitcoin as you know that Bitcoin is going to experience a bull run soon, don’t forget after the halving we’re definitely going into the bull market, you can just use DCA to balance your asset or use the Bitget portfolio bot.
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November 21, 2023, 12:52:27 PM
 #176

Don't listen to those YouTubers. I don't want to convince you to buy Bitcoin or not to buy it, but I will share my point of view on that topic.

They've said the same for S&P500, Nasdaq, etc., the same for gold and other precious metals, and now for Bitcoin. Remember, if you choose to invest in a financial asset, no matter which one, go and read all about it. It should take you some time to learn about a specific asset, but when you understand its background, you'll be able to make a more confident decision.

Look at the chart from the '70s till now, and you'll find that the sentiment in every person, retail, institutional investor, or owner of the hedge fund, or whatever, is to increase the service, product, and price itself. Gaining on the long run is a fact.

Now, learn about Bitcoin and crypto, or other stuff that suits you best, and then make a decision. But please, don't look to YouTube for answers!
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November 21, 2023, 01:31:46 PM
 #177

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.

Nice observation. A small market cap  means Bitcoin still hasn't reached the masses. Once it goes fully mainstream, BTC will never be "cheap" again. Spot ETFs on the US haven't been adopted yet. I'd say we're early adoptets of the revolution. There's plenty of time to accumulate Bitcoin before the whole world adopts it as an alternative to Fiat.

When you see some governments adopting BTC as legal tender, that's when you know that "hyoerbitcoinization" is coming soon. Even pro-crypto politicians are surging these days (Robert Kennedy Jr, Javier Milei). Banks and the elite don't want you to buy Bitcoin because that means less/power control for them. They will keep spreading FUD to lure away as much people from Bitcoin as possible. Hopefully, decentralization will triumph, making Fiat currencies a thing of the past. Who knows if BTC becomes the global currency many were talking about? Cheesy

Most people just look at the bitcoin price and exclaim that the price is too high and it's too late to buy bitcoin. No one bothers to look at the market capitalization and dig deep into bitcoin. If they study it in detail then they will know that the potential of bitcoin is very, very big. The capitalization of Bitcoin is nothing compared to the capitalization of gold and is even a child to an 80 year old man if we compare stock market capitalization. Therefore, investing in bitcoin is not only not late, but there are also many opportunities for those who have not yet invested in bitcoin.

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November 21, 2023, 02:25:38 PM
 #178

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.
If you are 20 years old by now and then if you said you regret it because you didn't invest in 2013 then are you really sure you want to invest at 10? Let's be real here.
I don't even know why people have a thought they always late for something, if you know the behavior of Bitcoin and you will know that Bitcoin have some sort of price range where the price is "stable" for quite period of time. We're at $34k - $37k this month and probably later we would see something different. So, there is always a chance to get something but it might take a time.

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
Stop acting like that and move on :^) You won't get anything by acting like that.
If you want to invest then it's your time, it's not that you need 1 whole Bitcoin to start something. You can try with small amount of capital first and working on that.

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November 21, 2023, 02:40:03 PM
 #179

no, you still have the opportunity to invest in bitcoin now. because the opportunity for bitcoin is greater than now, it is high in the future and it is never too late to invest in bitcoin.

people who say that it is too late to invest in bitcoin are people who focus on profits and don't really care about bitcoin. but if they understand the potential of bitcoin in the future, they will not say that it is too late to invest in bitcoin.

for example, micro strategy, el salvador, and many other entities in the bitcoin ecosystem, they all consistently invest in bitcoin and remain confident that it will provide them with profits in the future. there is no doubt from them because they believe that the potential of bitcoin is huge and what exists now is only the beginning of massive bitcoin adoption in the future.

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November 21, 2023, 02:44:41 PM
 #180

If one wants to invest for long term then now is the time to invest in Bitcoin. If someone says this is not the right time to invest in Bitcoin then I would say there is no specific time to invest in Bitcoin. Currently the market is between 36 thousand and when bitcoin crosses fifty thousand many will say is it the right time to invest in bitcoin?
So those who have enough funds to invest can invest in Bitcoin without further delay. Maybe the market is in reach when Bitcoin is bullish while the environment may not be.

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