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Author Topic: Is It Late To Invest In Bitcoin?  (Read 1272 times)
Hewlet
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November 22, 2023, 07:04:39 AM
 #181

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
here is the reality, in the next five years to come, people will come to this forum or on other platform to tell us how they regret not investing in bitcoin at an earlier year.  It is never too late to start dear! You are just 20 and still very young so you have a whole bunch of time at your disposal so you can just buy as little bitcoin as you can afford and you keep accumulating them whenever you have resources to buying more of it. Buying bitcoin doesn't necessarily means you need to buy one Bitcoin at a time. With as low as $5 to $10, you can just start with that amount and as your income increase, you can choose to buy more of it. Just take your time and learn the basics now and understand that with time if you start accumulating at this time, before you even know you should have accumulated much

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November 22, 2023, 07:35:15 AM
 #182

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."
Too late I don't think so..afaik people can still  invest as potential to go to $100K or $500K still exists, but if he referred to owning a whole bitcoin it could be the case as price as gone up for everyone of us to own atleast 1BTC.

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
You don't have to stretch yourself by buying a whole Bitcoin, slow but steady wins the race and you can invest in BTC the DCA way...

R


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armanda90
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November 22, 2023, 07:37:02 AM
 #183

Due Binance issues and internal problem facing by CZ make little correction with bitcoin and moment for us accumulate and investing in bitcoin, never have bad viewed if bad news don't worry for investing in bitcoin. Bitcoin get drop few percent after CZ attacking by bad news and its right moment for us investing as much possible how much money having for investing in bitcoin. I have another viewed when investing in bitcoin always waiting for when bad news coming and selling later if good news, difference with the other when investing in bitcoin always waiting for good news and they will sell after having bad news exactly bitcoin in lower price.

Invest right now with good moment bitcoin correction to $36,500 and looks you can get the good opportunity or second chance bitcoin will face bad news, its very rare moment to invest in bitcoin when price dropping.

R


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Tigerheart3026
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November 22, 2023, 07:56:14 AM
 #184

no late for you in bitcoin because your age is only 20 right now, if you learned about bitcoin now just going to plan to invest,
it was hit $60,000 but current price is $37,000 so still you have good opportunity to invest in btc in cheap price,
don't disappointed because it can be increase multiple time from your buying price in the future.
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November 22, 2023, 09:32:57 AM
 #185

Too late I don't think so..afaik people can still  invest as potential to go to $100K or $500K still exists, but if he referred to owning a whole bitcoin it could be the case as price as gone up for everyone of us to own atleast 1BTC.

Do you really believe that Bitcoin can reach 500k in the upcoming bull market? 100k is a very realistic price, but 500k is something unlikely in the next couple of years.

If you wanted to say that this is a possible price for Bitcoin in the future, then this is too distant a goal to start buying based on it now, because bear markets are still awaiting us and who knows how much the price of Bitcoin can fall during these periods. Everyone should decide whether it’s too late to buy Bitcoin or not, because for some it will be enough to double their investments, while others are looking for significantly greater profits.

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November 22, 2023, 11:58:08 AM
 #186

Don't listen to these experts who post videos on YouTube and say they know the truth. No one knows what will happen next. I think now is a good time to decide whether you want to invest in Bitcoin or not.
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November 22, 2023, 12:11:01 PM
 #187

@Op As long as Bitcoin goes, only regret investing. So it is better to invest in bitcoins fast because the price of bitcoins is only increasing day by day. If you can start buying bitcoins with any amount of money (maybe between $10 to $20) you can start investing first. After that you continue to invest bitcoins with the remaining part of your monthly expenses or weekly expenses. Once your portfolio is very heavy and must last long then you will get more benefits. Because there is a Bitcoin halving in 2024, it is certain that the selling price will increase.

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November 22, 2023, 12:58:43 PM
 #188

Maybe you can't become a millionaire by investing a few hundred dollars like you used to. So apart from that, I don't think it's too late to buy Bitcoin, because the current price of Bitcoin is 37, and it will create ATH after the bull run which may cross 100K. So instead of worrying about the past, it is better to invest by thinking about the present and the future. Because its value will increase more in the future than the present. So you invest now and HOLD.

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November 24, 2023, 06:19:45 PM
 #189

here is the reality, in the next five years to come, people will come to this forum or on other platform to tell us how they regret not investing in bitcoin at an earlier year.  It is never too late to start dear! You are just 20 and still very young so you have a whole bunch of time at your disposal so you can just buy as little bitcoin as you can afford and you keep accumulating them whenever you have resources to buying more of it. Buying bitcoin doesn't necessarily means you need to buy one Bitcoin at a time. With as low as $5 to $10, you can just start with that amount and as your income increase, you can choose to buy more of it. Just take your time and learn the basics now and understand that with time if you start accumulating at this time, before you even know you should have accumulated much
I second this. People who came to know about Bitcoin about seven to eight years from now and didn't buy because they thought it was already too expensive and they were late are extremely regretful of their actions today, and the same thing will happen to the people who are hesitant to buy today thinking that they are late for buying Bitcoins and it's already too expensive and they can't get much profit if they invest in Bitcoin right now, etc.

Indeed, someone might not be able to become a millionaire by investing in Bitcoin now since it has already got great value and it cannot multiply one's investment by a thousand folds or so, but that doesn't mean that it is too late to buy because one can still get great profits on their investments on it. So, it's never too late.

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November 24, 2023, 06:52:09 PM
 #190

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."
Too late I don't think so..afaik people can still  invest as potential to go to $100K or $500K still exists, but if he referred to owning a whole bitcoin it could be the case as price as gone up for everyone of us to own atleast 1BTC.

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
You don't have to stretch yourself by buying a whole Bitcoin, slow but steady wins the race and you can invest in BTC the DCA way...
There is no price we buy Bitcoin that we are not going to make profits from the market even if we bought when the price of Bitcoin was $60k. The mist important thing is patient for us to hold and wait for when the price of Bitcoin will come back to that same price and keep going so we can take our profits. Bitcoin is a volatile projects so we need to buy low so that we can sell high. The difference from the price we bought and the price we sold is what is going to determine our profits whether we are won or lose. If the price range is high, that means we are going to make a lots of profits if we have large holdings too.

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Stepstowealth
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November 24, 2023, 09:11:57 PM
 #191

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
No time is too late to invest in what is valuable. Forget the fact that you didn't invest in the early stages when bitcoin was introduced, but that does not mean you cannot still invest in bitcoin and gain from it. Bitcoin is the king of the crypto market; it does have a reputable value, which makes it less risky compared to other cryptos if you have doubts on which cryptocurrency to buy. What I think is that the time is late, but not too late, to invest in a valuable asset like Bitcoin. All you need to do is understand the basics of the crypto market and show seriousness. Remember, bitcoin is a digital currency that will have more potential in the future as technology evolves.

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November 24, 2023, 10:19:59 PM
 #192

I see no reason to delay investing in Bitcoin. Bitcoin is one such currency where people can go ahead with investment goals with their eyes closed. It is no secret that Bitcoin has dominated the crypto market for a long time. Bitcoin investment does not carry any high level of risk. Where it is possible to earn more profit while keeping your own funds safe. I prefer bitcoin to invest in cryptocurrencies. I am pretty much self-sufficient today with Bitcoin investing. You can also consider investing in precious assets like Bitcoin.

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ReMiXeDg
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November 24, 2023, 10:54:39 PM
 #193

theres always time to invest its never to late, dca daily and you'll be ahead of yourself by the time you know it. bitcoin is our future its no lie how powerful it is.

dont second guess yourself the more you wait the later it is.
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November 24, 2023, 10:58:56 PM
 #194

Bitcoin is created for the people and it isn't developed particularly for specific group of people. This means it can be used by everyone. Five years back it was not that big in price considering the present market price, which means everyone was able to buy it as a whole. Now with the increase in price we weren't able to buy it as a whole. Based on our financial ability we were able to buy a part of bitcoin.

This is where most people have the thinking we were late to invest into bitcoin. Maybe in comparison with the price in the past it looks we've got into the market late. Same time if we think of the future of bitcoin, we aren't late. We should accumulate as much possible.

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November 24, 2023, 11:12:40 PM
 #195

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

You shouldn't feel depressed, you're lucky you learned about Bitcoin now! There probably won't be any parabolic growth but buying small amounts regularly and hodling for at least 2-3 cycles will eventually make you quite a wealthy person. It's never late to invest in Bitcoin. Cool
nullama
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November 25, 2023, 01:58:23 AM
 #196

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 does it matter to you how much one unit of Bitcoin costs today?

If you think the fundamentals of Bitcoin are solid, it will be more valuable in the future compared to today.

How much fiat would you have paid in 2010 for Bitcoin? just buy that amount today.

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gotminer
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November 25, 2023, 02:18:16 AM
 #197

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 does it matter to you how much one unit of Bitcoin costs today?

If you think the fundamentals of Bitcoin are solid, it will be more valuable in the future compared to today.

How much fiat would you have paid in 2010 for Bitcoin? just buy that amount today.

Because he is moronic frame of mind who try to get rich from today until tomorrow. This why his question. Dumb.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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November 25, 2023, 03:12:57 AM
 #198

It's never too late to invest in Bitcoin, never put your trust in anything other people say, including crypto experts. People who knew and studied Bitcoin several years ago, that was the best time for them to invest. Now those of you who are just learning about Bitcoin and want to invest in Bitcoin, this is the best time for you, there is no concept of being late in Bitcoin investment, if anyone says you are too late, don't listen to them.

Do you believe Bitcoin will reach its all-time high price in the future? If yes, now is the right time for you to invest. You have to believe and believe that Bitcoin is a valuable asset that will only become more popular in the next few years.

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November 25, 2023, 07:48:48 AM
 #199

Don't listen to these experts who post videos on YouTube and say they know the truth. No one knows what will happen next. I think now is a good time to decide whether you want to invest in Bitcoin or not.
I don't get my investment advice from external sources, but this is because I know how to trade and invest rightly myself. But what about those who do not know it and still want to participate? That's why I see your advice as bad. For trading, yes, one should be wary of these people unless they are teaching you how to trade. This is not hurting anyone as far as I know, only that I advise everyone to be careful and not believe that they can get to make money in trading so easily. I learned from the external sources too and there are many, and it would have been bad for me if I had disregarded all of them by then for the belief that they are all bad.

But for investment, those videos and Tweets and others could be a very good one, and there are some friends that come to me for investment advice having seen it on social media. They could have entirely missed out on this if they disregard it entirely, so one should still learn through them or continue to let what they post online be what gets them informed as this information is certainly not hurtful, and even better if one does their own research before using them.

And for Bitcoin investment, every time is the right time to invest in Bitcoin if the bull run has not happened yet. As it is now, the bull run is still being expected so no one would lose their money investing now. However, for the right price, my advice is for the person to DCA as the best price has already been missed and can't be recovered anymore till the bull run happens.

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November 25, 2023, 12:08:55 PM
 #200

It's a matter of choice, do you want to be part of the people that will come on here and talk about regression of missing Bitcoin at this present price? If anyone is too blind to see what's happening with Bitcoin right now I don't think they will ever be smart again..

It's very clearly that the present price won't be the same very soon, we are already in the phase one of the bull, we are just getting started, you should be buying right now instead of thinking about the right place to buy, the value might drop but use DCA on the long haul until the halving is over, be a smart investor or live to regret for not buying sooner.
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