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Author Topic: Is It Late To Invest In Bitcoin?  (Read 1272 times)
passwordnow
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November 25, 2023, 12:43:10 PM
 #201

I see no reason to delay investing in Bitcoin.
When someone wants to invest in Bitcoin and also says that there's no way to delay investing in Bitcoin it's best to invest as quickly as you can. But one problem that everyone is dealing with is about the money that they're about to invest. Not all people can invest asap based on their likes and that's why they're delaying their plans of investing in Bitcoin.

It's true that it is never too late to invest in Bitcoin and the problem of having not enough money to invest now is what everyone's problem as usual.

Bitcoin investment does not carry any high level of risk.
Actually, Bitcoin is a high-risk asset, highly volatile. But if you've been used to it, you can easily say that it doesn't have that much risk to carry on.

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November 25, 2023, 05:28:05 PM
 #202

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.
It is not too late for us to invest in Bitcoin even if the price goes to $100k. There is still going to be an oppo6tor us to buy and sell and still make reasonable gain. Everything lies on how we see the market. The market is calm and volatile and if we are always ready charts and looking at where price will fall, we can take the opportunity and buy when the price is low and likewise sell when the price goes up.
We don't need to be asking too much question. We need to take decisions that woud take us to the next level.









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November 25, 2023, 05:34:25 PM
 #203


I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
There isn't any specific year that bitcoin will just exist. If bitcoin remains in use and acceptance, it will continue to exist for many years to come.

There is also no peak price beyond which bitcoin will not go higher. The value of bitcoin is determined by supply and demand, and if demand for bitcoin continues to increase, its value will also increase.

So if you're considering investing in bitcoin, the deadline is now. You can still buy bitcoin and start holding it.

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November 25, 2023, 05:56:57 PM
 #204

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're not late. If you wish to invest in Bitcoin, you can do that when BTC hype has reduced a little. Don't let anyone deceive you. BTC for me is still early in the economy sector and if you wish to own some units you could still make it in the long run. All you need do is either use Dual Investment to catch up with all lows or use DCA
Bitcoin made a huge ATH at that time which was $68k but now the price of Bitcoin is below $38k again so I don't think op investing in Bitcoin now is a late investment.  Because there is still time to generate a potential profit by investing in Bitcoin  Bitcoin will make ATH again and it should be above $68K. So if you invest now you will get good profit at that time. But yes it is always better to use DCA method to minimize losses. It minimizes losses as well as increases the chances of high profit



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November 25, 2023, 06:00:10 PM
 #205

It is not too late for us to invest in Bitcoin even if the price goes to $100k. There is still going to be an oppo6tor us to buy and sell and still make reasonable gain. Everything lies on how we see the market. The market is calm and volatile and if we are always ready charts and looking at where price will fall, we can take the opportunity and buy when the price is low and likewise sell when the price goes up.
We don't need to be asking too much question. We need to take decisions that woud take us to the next level.
    You’re right mate it is not too late to invest in bitcoin . Buy the dips, and there will be plenty as we saw yesterday. Don’t risk more than you can afford to lose or live without for a while, Buy for a long-term value store, rather than a targeted return over a period of time.  Markets like this are impossible to predict, so market tops also impossible to identify except after the fall. People will tell you this leading indicator or another and always some will get it right. There was time when bitcoin was in the $3,000-$4,000 range there were many people saying the exact same thing, so if they exited then or shorted the currency then, they were not only wrong but missed out on a fun and wild ride.
   Cryptocurrencies (not specifically bitcoin) are here to stay and are revolutionizing payment systems large and small. A strong motivator is to circumvent the rent-seeking gatekeepers such as banks, central banks and traditional payment processors who each exact a toll on every money transaction. Cryptos will not be frictionless and there will still be fees to pay, but those being paid will remain decentralized and not government controlled.
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November 25, 2023, 07:44:16 PM
 #206

Bitcoin made a huge ATH at that time which was $68k but now the price of Bitcoin is below $38k again so I don't think op investing in Bitcoin now is a late investment.  Because there is still time to generate a potential profit by investing in Bitcoin  Bitcoin will make ATH again and it should be above $68K. So if you invest now you will get good profit at that time. But yes it is always better to use DCA method to minimize losses. It minimizes losses as well as increases the chances of high profit
I will say here that whether op is late to invest in bitcoin depends on his target or strategy. If op is not taking short time strategy and taking long term strategy then here he is late depending on his current invest and target strategy.  If he is thinking about short term trading then I would say he is a bit late at the moment. It is true that Bitcoin has been pumping between 35k and 37k for a while now, but I think another bearish market could be seen ahead.  Because Bitcoin halving has not yet started, we may find a little dip in the market during the halving season. But like you, I will also say that without thinking about investing once, break down the amount of investment and follow a DCA method and then invest for long term.

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November 25, 2023, 08:17:17 PM
 #207

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

There is no such a wrong time to buy bitcoin, if you haven’t bought when it was cheaper than this, you can still buy now because it is still cheap to buy now if you compare it with what the worth of the price will be in several years to come. It will be nice if you buy now, there are lower units of bitcoin called Satoshi’s that you can still afford. Don’t still miss out of not buying at the price it is now, so that you don’t regret later of not buying at a lower price still.

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November 25, 2023, 09:07:27 PM
 #208

I see no reason to delay investing in Bitcoin.
When someone wants to invest in Bitcoin and also says that there's no way to delay investing in Bitcoin it's best to invest as quickly as you can. But one problem that everyone is dealing with is about the money that they're about to invest. Not all people can invest asap based on their likes and that's why they're delaying their plans of investing in Bitcoin.

It's true that it is never too late to invest in Bitcoin and the problem of having not enough money to invest now is what everyone's problem as usual.
Actually, in this case when someone already has the thought to invest, it indirectly means that they already have a little fund to set aside for their investment because after all they will definitely think carefully before finally deciding to invest.
On the other hand, there are a lot of strategies that can be done to invest in bitcoin so that even if we don't have big money but it's not a problem if we want to invest because there are several methods that can be done such as DCA which can be used as an option because we can buy whatever bitcoin we can with a certain amount of time.
Indeed, talking seems easier but when someone has decided to invest then surely they can manage their income and set it aside for investment on the sidelines of spending on the needs of life that we do.

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November 25, 2023, 09:23:08 PM
 #209

I see no reason to delay investing in Bitcoin.
When someone wants to invest in Bitcoin and also says that there's no way to delay investing in Bitcoin it's best to invest as quickly as you can. But one problem that everyone is dealing with is about the money that they're about to invest. Not all people can invest asap based on their likes and that's why they're delaying their plans of investing in Bitcoin.

It's true that it is never too late to invest in Bitcoin and the problem of having not enough money to invest now is what everyone's problem as usual.
Actually, in this case when someone already has the thought to invest, it indirectly means that they already have a little fund to set aside for their investment because after all they will definitely think carefully before finally deciding to invest.
On the other hand, there are a lot of strategies that can be done to invest in bitcoin so that even if we don't have big money but it's not a problem if we want to invest because there are several methods that can be done such as DCA which can be used as an option because we can buy whatever bitcoin we can with a certain amount of time.
Indeed, talking seems easier but when someone has decided to invest then surely they can manage their income and set it aside for investment on the sidelines of spending on the needs of life that we do.
DCA is very much known strategy but even so, there are still a lot of potential investors that are expressing they want to invest but it's only money is what they lack of. LOL. That's common to hear from those people that are interested in buying bitcoin, they think that it's not yet late but they don't have the actual fund to invest so, we just gotta tell them to at least find a job or a source where they can use their own money on it.

While some are good in giving tips and suggestions, you don't know if they're actually holding it. It's also possible that they've hold it once and sold it already at a good price and are still waiting for the right time to buy again.

To those that are losing hope, always think of it that it's never too late to invest on this highly volatile asset. Bitcoin has always been investable and you're not going to regret if you ever give yourself a favor of buying today.

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November 25, 2023, 11:44:11 PM
 #210

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

There is no such a wrong time to buy bitcoin, if you haven’t bought when it was cheaper than this, you can still buy now because it is still cheap to buy now if you compare it with what the worth of the price will be in several years to come. It will be nice if you buy now, there are lower units of bitcoin called Satoshi’s that you can still afford. Don’t still miss out of not buying at the price it is now, so that you don’t regret later of not buying at a lower price still.
Everytime is right to buy bitcoin. Maybe you think we have missed the opportunity and today the price is high. After an year, you'll think of missing the opportunity we got today. So, never think of the past. Just move along with the market, as we've got the opportunity to invest/buy based on our financial ability. Have a long term plan and keep adding as much possible limiting unwanted expenses. Surely the amount you save now will give hands in the future.

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November 25, 2023, 11:59:28 PM
 #211

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 your gonna put it on 2010 we can say that it is really late since the market is already skyrocket, so the chance on making millions on Bitcoin is just a really small percentage. You might just make x2 profit probably when the market price skyrocket in the coming Bullrun its really difficult to make more than x2 at this point. But still itis not late since you could still make profit anyway, and when it comes to cryptocurrency there are still a lot of alternatives like altcoins when you could make probably x100 in the top cryptocurrency. Anyway dollar cost average strategy i just dont see how you could lose on this strategy even if you use it on risky altcoins in the market, in my opinion its never too late to invest there are always opportunity in the market.

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November 26, 2023, 09:05:38 AM
 #212

Actually, in this case when someone already has the thought to invest, it indirectly means that they already have a little fund to set aside for their investment because after all they will definitely think carefully before finally deciding to invest.
On the other hand, there are a lot of strategies that can be done to invest in bitcoin so that even if we don't have big money but it's not a problem if we want to invest because there are several methods that can be done such as DCA which can be used as an option because we can buy whatever bitcoin we can with a certain amount of time.
Indeed, talking seems easier but when someone has decided to invest then surely they can manage their income and set it aside for investment on the sidelines of spending on the needs of life that we do.
DCA is very much known strategy but even so, there are still a lot of potential investors that are expressing they want to invest but it's only money is what they lack of. LOL. That's common to hear from those people that are interested in buying bitcoin, they think that it's not yet late but they don't have the actual fund to invest so, we just gotta tell them to at least find a job or a source where they can use their own money on it.

While some are good in giving tips and suggestions, you don't know if they're actually holding it. It's also possible that they've hold it once and sold it already at a good price and are still waiting for the right time to buy again.

To those that are losing hope, always think of it that it's never too late to invest on this highly volatile asset. Bitcoin has always been investable and you're not going to regret if you ever give yourself a favor of buying today.
You didn't notice another point that I expressed in my previous post, as I said when we are already talking about investing especially it is for bitcoin then surely we have been able to set aside money from the income we have because if we still can't do that and don't have money we think about how we live life not how we invest.
Thinking about investing for the future indirectly they are ready for what they want to do because in the end for those who are still lacking there is no time to think about something they still cannot achieve because the focus is on survival but when they can manage money well and can set aside a portion of the income they have then they will definitely think about how the money can grow and the way is definitely investment.

I have previously been in this situation and when I was at the bottom and still very short and had no money then there was nothing in my mind to invest because let alone to invest, for me to be able to live alone is good but when my economy changes and I have money the thought of investment will exist by itself.

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November 26, 2023, 09:34:20 AM
 #213

Everytime is right to buy bitcoin. Maybe you think we have missed the opportunity and today the price is high. After an year, you'll think of missing the opportunity we got today. So, never think of the past. Just move along with the market, as we've got the opportunity to invest/buy based on our financial ability. Have a long term plan and keep adding as much possible limiting unwanted expenses. Surely the amount you save now will give hands in the future.
In the past, it is no doubt that we have missed a lot of opportunities buying at low. And this scenario is inevitable because it may happen again for many of us.

The problem now that many face is even they are aware that it is not too late to buy bitcoin, they do not want to buy.

And instead of buying, they are complaining that the price is high or they are too tired waiting for the price movement of Bitcoin.



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November 26, 2023, 09:41:08 AM
 #214

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

There is no such a wrong time to buy bitcoin, if you haven’t bought when it was cheaper than this, you can still buy now because it is still cheap to buy now if you compare it with what the worth of the price will be in several years to come. It will be nice if you buy now, there are lower units of bitcoin called Satoshi’s that you can still afford. Don’t still miss out of not buying at the price it is now, so that you don’t regret later of not buying at a lower price still.

Definitely there is no perfect time to buy the Bitcoins. We know how valuable Bitcoins are, hence whenever possible if you have extra funds, then just buy the Bitcoins irrespective of it’s price. Buy the Bitcoins and hold it for 3-4 years, you will definitely see 2x the profits. We have seen Bitcoins rising from completely nothing to 70k usd worth asset. So just stop complaining about the price and buy as much as you can.

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November 26, 2023, 11:39:47 AM
 #215

Definitely there is no perfect time to buy the Bitcoins. We know how valuable Bitcoins are, hence whenever possible if you have extra funds, then just buy the Bitcoins irrespective of it’s price. Buy the Bitcoins and hold it for 3-4 years, you will definitely see 2x the profits. We have seen Bitcoins rising from completely nothing to 70k usd worth asset. So just stop complaining about the price and buy as much as you can.
Complaining and hoping that the price drops deeper, it is unlikely to happen in the near future, then regretting it will not make a solution that he will calm down, especially knowing that the price of bitcoin is moving more and more every day, so people continue to wait and not buy, it can be said to be a loss because they will not get any benefits except to see other people and regret it again.

Investing in bitcoin does not need to be at the same time a lot of strategies that we have to plan including starting from the DCA method, managing finances and cash flow in the face of it, any extra money then it is better to put in bitcoin than keep it in fiat it tends to be my own thoughts, anyone else wants to do differently then it's up to them, what is clear is that I am currently more focused on investing in bitcoin before the halving occurs.

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November 26, 2023, 12:02:54 PM
 #216

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

Just as it is never too late to alive, I don't think it is too late to invest in Bitcoin. True, the price may have gone up significantly compared to what it was in 2018, but the fact still remains that you still have the opportunity to invest today. Not everyone who bought Bitcoin cheap in 2018 are still hodling it. Many sold off when they saw a pump.

Don't believe anyone that tells you that it is too late to invest in Bitcoin, because you're not.

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November 26, 2023, 12:32:22 PM
 #217

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

There is no such a wrong time to buy bitcoin, if you haven’t bought when it was cheaper than this, you can still buy now because it is still cheap to buy now if you compare it with what the worth of the price will be in several years to come. It will be nice if you buy now, there are lower units of bitcoin called Satoshi’s that you can still afford. Don’t still miss out of not buying at the price it is now, so that you don’t regret later of not buying at a lower price still.

Definitely there is no perfect time to buy the Bitcoins. We know how valuable Bitcoins are, hence whenever possible if you have extra funds, then just buy the Bitcoins irrespective of it’s price. Buy the Bitcoins and hold it for 3-4 years, you will definitely see 2x the profits. We have seen Bitcoins rising from completely nothing to 70k usd worth asset. So just stop complaining about the price and buy as much as you can.

The best time to buy bitcoin is when we have the money and are ready. Bitcoin is an asset and cryptocurrency is a financial market so there will always be volatility and as long as it is volatility then we will definitely have a chance to make a profit.

I don't know exactly whether the profits bitcoin will bring us are double, triple or 10 times, but I know one thing. Surely investing in bitcoin will never disappoint us if we invest properly and with a plan.

I remember someone on this forum said, don't look at bitcoin price but look at bitcoin market capitalization, and if you look at capitalization, bitcoin still has huge potential when the capitalization is only 500 billion. Meanwhile, gold is worth more than 12 trillion USD. It can be said that investing in bitcoin is not only not too late but also very early to start with bitcoin.

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November 26, 2023, 12:57:15 PM
 #218

Just as it is never too late to alive, I don't think it is too late to invest in Bitcoin. True, the price may have gone up significantly compared to what it was in 2018, but the fact still remains that you still have the opportunity to invest today. Not everyone who bought Bitcoin cheap in 2018 are still hodling it. Many sold off when they saw a pump.

Don't believe anyone that tells you that it is too late to invest in Bitcoin, because you're not.

BTC is always there for all of us, especially those who love BTC. If there are still people who say BTC is not good, just ignore it because it's not our thoughts, it's their thoughts. If you want to safely store your cryptocurrency money until you are ready to sell it for a profit, BTC is the answer.

However, currently in the crypto world its use is limited in commercial trading, but speculators use it widely which is one of the reasons for high volatility and can have a negative impact on investments in crypto. but it's still normal in my opinion because this is still in the growth stage.

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November 26, 2023, 01:23:45 PM
 #219

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
There is nothing to be disappointed as you are just starting to learn about Bitcoin then you can start right here. Bitcoin price is still affordable for long term investors but not at all affordable for me. But if you have investable value of Bitcoin, you can definitely continue investing. We can already see the pattern because the price of Bitcoin will go up a lot from the beginning of 2024. So don't wait any longer invest now hope the investment will be successful.

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November 26, 2023, 01:35:25 PM
 #220

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.

People are just paying attention to market prices to make a quick buck. They're not into Bitcoin because they believe in it. I'd say utility goes above all else. Satoshi made Bitcoin a peer-to-peer electronic cash system without middleman, and so far, it's been working as intended. We let "Wall Street" get into the revolution, and now the majority considers Bitcoin an investment instead of a currency. While it's likely BTC will rise in price over time, we should expect the Blockchain to become heavily-congested due to increasing mainstream adoption.

Things aside, I believe it's still early to get into BTC, especially when its market cap is a lot smaller than Gold's. There are many people around the world who haven't used or heard about Bitcoin before. Once we include everyone in the system (or almost everyone), BTC will never be worth current market prices ever again. Maybe you'll get lucky by holding onto it before this happens? Grin

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