Is it too advanced to get into Bitcoin now?

[hd49728]

Cryptocurrency prices have increased by 118% compared to last year. Similarly, prices are increasing by almost 83% in the last 04 months.The dramatic history price of Bitcoin peaks and the recent buzz around its upcoming "halving" its only fair to pose the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

It is not too late to invest in Bitcoin but what do you think here, invest or trade?

With investment mindset, it's never too late to invest in a good asset like Bitcoin as you understand why Bitcoin has high value and potentially will gain higher value.

Note it for you that don't try to mix Bitcoin and cryptocurrency because it makes your post is harder to understand what you want to express.

The attractions of Bitcoin investments has always been double the potential for significant returns and its suggested role as digital gold.Historically Bitcoin has rewarded the bold to investors. For the next "halving" currently on track for April, another bull run seems highly likely.

The bull run already kicked off and if you have bitcoins, hold them and wait for some months to take profit like at the end of 2024 or Q1 to Q2 2025. If you have longer plan for investment, hold it for 2 or 3 more halvings.

[ANN] JJG Sustainable Bitcoin Withdrawal Strategy.

[sokani]

Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

I still recall similar posts like this from members when the price was $25k - $30k, but look at where it is now. So I can tell you that there's still time and it's not too late to grab a bag. A lot has been said about the coming bull season and there are speculations that Bitcoin price could reach an ATH of $150k. So if you buy Bitcoin now and hold, even if it doesn't get to the above mentioned ATH and I'm certain that you'll still be in profit.

[AVE5]

On a brief shell, Bitcoin doesn't have a periodic purchasing time, although DCA system could be considerate but since the price of Bitcoin hasn't hit its ATH in this seasons bull runs, it is assured that any Bitcoin purchaser who purchases Bitcoin at this period of time would still stand better opportunity to smile while the bull runs keeps rocking

[Mpamaegbu]

Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

It doesn't cease to amaze me whenever I hear people ask that same question, "is there still time to buy?" I don't know why they still ask that when they know the current Bitcoin ATH stands at >$69k and every bull run is known to surpass the one before it. So, knowing that, you've to brace yourself up to get in now (even at above $52k) as we expect this incoming ATH to go way beyond $69k. For me, I expect anything above $120k for the next ATH. Get in now or miss the bus!

[Zaguru12]

It doesn't cease to amaze me whenever I hear people ask that same question, "is there still time to buy?" I don't know why they still ask that when they know the current Bitcoin ATH stands at >$69k and every bull run is known to surpass the one before it. So, knowing that, you've to brace yourself up to get in now (even at above $52k) as we expect this incoming ATH to go way beyond $69k. For me, I expect anything above $120k for the next ATH. Get in now or miss the bus!

What I see is people getting this whole bitcoin price cycle wrong, it is not Altcoin that many will advice you that it is bad to invest in its highs because there fall is usually final fall most especially pump and dump coins. But for bitcoin no matter the high or the lows now bitcoin price is bound to increase in price later if there is anything that should be convincing anyone about this is the fact that it’s mining process will continue for years to come which still makes it an incentive for people to coming into and therefore increases the demand of it.

There is a psychological problem with Bitcoin pricing.

If you look at a share price for example Microsoft, and the price looks very high, lets say 2000 USD per share, then Microsoft can do a share split by 1/10, and suddenly the share price is now only 200 USD, and looks far cheaper than the 2000 USD before. For an invetsor it is still the same to have 1 old share for 2000 USD or 10 new shares for 200 USD each.

Bitcoin has not this option to split / look cheaper, so people will always worry if the current price is maybe too high, because of the high numbers

The mistake people make is looking at the exact bitcoin price and not knowing that there fractions of it that you can buy with just any amount you have. Also although the best of time to buy any commodity is when it is at its dip but that doesn’t mean you should wait for a bitcoin dip because no one is sure when it will come. The price Today can be lowest might see again, forget about any retracement people talk about. DCA now and when you have funds.

[moneystery]

Maybe the only thing I can say is that as long as you have the opportunity to buy Bitcoin right now, do it. Don't wait for it to move up quickly when you decide to buy it. Believe me, don't be like others who only decide to buy when the price of bitcoin is too high.

And I also think it will happen a few months from now. It seems that we are already in the countdown to the approaching bull run, to be honest. This is what I see and observe now.

it's true, sometimes people think too much when they want to invest in bitcoin. they continue to think that currently the price of bitcoin is still too expensive so they need to delay entering the market, but when they continue to wait, the price of bitcoin actually increases so they lose the opportunity to enter at a lower price.

so as long as there is an opportunity now, just invest in bitcoin and don't need to think too much. the point is, just hold on until you can get a profit from the investment.

[Kelward]

It's never late to invest in Bitcoin now, we're expecting bull run proper from the end of this year to the first quarter of next year, indicators are pointing that despite any slight fluctuations in price, it'll still be increasing till it reaches it's ATH. You can take it as a fact that so far bull run is still approximately one year ahead that if you buy Bitcoin now, it'll give you over a %100 profit then. So let the OP join the many smart investors that wants to maximize their profits in bull run, if he's looking for a significant price dump where it'll dip very low before buying, then he'll have to wait for bear run, but then he'd have missed out to invest now and cash in many returns in this coming bull run.

[EarnOnVictor]

Cryptocurrency prices have increased by 118% compared to last year. Similarly, prices are increasing by almost 83% in the last 04 months.The dramatic history price of Bitcoin peaks and the recent buzz around its upcoming "halving" its only fair to pose the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

First, let me correct you, if last year is to be referenced here, Bitcoin has moved in multiples of the 118% you quoted. This is judging by the first day of the year, you can investigate by yourself to know the price at which Bitcoin started the journey of the year. The price was still lower than $17,000 by then, and it ended the year above $40,000, which is not a child's play.

But for your concern, I think no time is too late to invest your Bitcoin, especially when it is in its bullish season. And if my experience and analysis serve me correctly about the coin, we still have more than a full year for it to rise further. Why then the panic? The only difference here is that those who invested at around $52,000 where the current price of the coin is now can't make as much money as those who started in late 2022 or early 2023. They will still earn from the asset but while those who invested early are gaining between 5-9 times of their capital, those who are investing now may only gain between 2-3 of their investment. But also with the higher risk of some scary corrections which might likely start happening soon.

[Assface16678]

Well, no matter where bitcoin will go, I will still hold my assets and maybe sell some of them if I can say that the bull run has reached its peak. Well,  with the recent activites or happenings in the bitcoin price, many people again got hyped and surely entered in bitcoin as soon as they could. Yes,  bitcoin investment will never be too late, but the thing is, if you will enter in the investment without thinking and initiating it just because of the hype, then it will never get you anywhere. The recent price hike is still not considered to be the bull run, more like it's part of the movement or preparation for it. I'm sure at some point the bitcoin price will decrease because of the preparation for the bull run, so no matter what happens, I will only sell my bitcoin holdings a little to be ready for future bull runs.

[ChiBitCTy]

I would answer this question the same I would/do when someone asks me if it's too late to start saving for their retirement (even when they're only a few months out).  It's NEVER to late to get in to something.  Now you want to make sure you're "getting in" for the right reasons, which means you understand the underlying technology, appreciate it, and see upside from this point going forward.  Never "invest' in anything you don't understand at least some.

[Hamza2424]

Hmm, For this cycle I would say that yes, you are a little bit late but you can still try luck with the DCA maybe a short dip can provide you with a wonderful opportunity. You are never late for the rest of your journey in the Bitcoin buddy.

We are in the early era still at least until the Block rewards go below 1BTC, it's my personal view on Bitcoin's growth and upcoming developments. We need to stick to the market and keep accumulating because if you start considering I'm late and blah blah then buddy you are never gonna grow as when bitcoin first time reached 600 those who thought now its too high must be regretting now don't be one of them.

[MegameSama]

Cryptocurrency prices have increased by 118% compared to last year. Similarly, prices are increasing by almost 83% in the last 04 months.The dramatic history price of Bitcoin peaks and the recent buzz around its upcoming "halving" its only fair to pose the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

The attractions of Bitcoin investments has always been double the potential for significant returns and its suggested role as digital gold.Historically Bitcoin has rewarded the bold to investors. For the next "halving" currently on track for April, another bull run seems highly likely. Recent price gains although this potential wave should take Bitcoin to a whole other level as it did after the May 2020, July 2016 and November 2012.

I don't know, bro, I don't know either, but one thing I do is I never stop buying bitcoins, I always save my bitcoins from month to month. Every payday I set aside my salary to buy bitcoin, I don't really care about the price of bitcoin, because my intention is to save for long-term profits. so if you ask me personally, I will answer that it is never too late to buy bitcoin, and tickets are always available. if the price goes down it means you get more bitcoins, if the price goes up you get it according to the market.

[yazher]

Maybe the only thing I can say is that as long as you have the opportunity to buy Bitcoin right now, do it. Don't wait for it to move up quickly when you decide to buy it. Believe me, don't be like others who only decide to buy when the price of bitcoin is too high.
And I also think it will happen a few months from now. It seems that we are already in the countdown to the approaching bull run, to be honest. This is what I see and observe now.

That's right because after all, this is the time to decide like a real man and there won't be another chance soon as we can see, the Bitcoin price has already reached $50,000+ which means, we are close to reaching its ATH soon and that would be possible this year since the entering of 2024 has no issue against bitcoins at all. If you have any plan to invest then consider doing it right now while Bitcoin's price is still low because when you want to invest while the price is high, you will have a hard time buying since you have many people trying to buy like you as well and the crypto market will be congested at that time which will make the transactions slower when you want to send it to your personal wallet.

[Gaza13]

it's true, sometimes people think too much when they want to invest in bitcoin. they continue to think that currently the price of bitcoin is still too expensive so they need to delay entering the market, but when they continue to wait, the price of bitcoin actually increases so they lose the opportunity to enter at a lower price.

so as long as there is an opportunity now, just invest in bitcoin and don't need to think too much. the point is, just hold on until you can get a profit from the investment.

It's true what you say, never hesitate if you enter the world of investment otherwise you will miss the best price moments. If the Op is too heavy and the price is too expensive, Maybe you can look for other alternatives such as Aave, Maker, Eth, BNB and others whose prices are still affordable. If Bitcoin is halved of course all coins will also experience an increase in price

[Yatsan]

Choice is in your hands, no one is certain of the price movement in the first place. No one can guarantee that the price won't fall so better make an entry depending on your risk tolerance. Why? you could make an entry no matter when you would want to. If the market price suddenly falls, then know to yourself if you could endure seeing temporary loss; will only be permanent once you choose to sell despite of loss. In my belief, you could a price of it lower than its previous ATH, will always be a good entry point as long as you could afford losing. Butcoin's market value is expected to break its ATH and the only problem is when will it exactly happen. Therefore you need to be patient and to wait for it.

Downside of waiting for a lower market price is missing your assumed entry point.  If it is just general possibility then its price could fall half of its price and recover, it may also continue to upward direction. Bottomline is lack of assurance with things in particular with its market price.

[kentrolla]

You can simplify it, first of all if you are a long term investor you can go for it but if you are someone who don't want to be committed for a longer period of time then you have two options. Either you wait for correction phase a the current price definitely not a stable one as it has there may be more fluctuations or even market corrections. Apart from waiting for correction the second option would be to get into Bitcoin and so multiple quick trades to make some profit as the market is fluctuating. I would say you have missed the ticket for doing DCA.

[BABY SHOES]

I understand what you mean by buying tickets in the sense that you are asking if you have missed buying now?

That's not, you still have time to buy bitcoin at any time, don't see now bitcoin has risen above 100% because somehow the price can be high again after halving, maybe you believe this event then many investors have started buying because they know what will happen later.

Prepare your funds now and then buy, this is an easy way if you are still considering then this will buy time until it is not felt that bitcoin continues to increase.
The bitcoin wave you mentioned was passed a few years ago so now it is in the early bullish phase.

[DaNNy001]

Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

There is still time to buy a ticket. Bitcoin is going all-time-high and the least that people should be expecting is $100000. Bitcoin may not reach this price before halving but you should wait for some months after halving and you will be happen. Some people will be looking for bitcoin to decrease to a lower price before they will invest but bitcoin can disappoint such people after increasing more and more.

Yeah that's true, this disappointment will be very common when the price have failed to drop because as of the current price now, people are in doubt that the price will move up and waiting for the dip to come again so they can buy but that's a bad idea because we know the last ATH was 69k and we all know for sure that the price will blast that figure so why not buy now and continue buying till it reaches the 100k threshold and even possibly break past it because there is no fixed amount for it to reach come this bull run.

[LesterD]

the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

There is still an opportunity for investors who have missed out on investing. However, they need to be patient and wait for the price to correct itself. It is uncertain how much the price will decrease, it could be lower than the price of last year, or it may not reach the low price of last year anytime soon.

[Mate2237]

Though bitcoin has grown so far compared to the last two years but I still believe that it is not too advanced to buy bitcoin and accumulate it in the wallet. If you buy it now there is the possibility that you will still make enough profit from the investment because it is still at the rate of $51+2+k and the highest estimation is $100k and if f you invest at the this time and finally the price climbed to the $100k then you know what you have gotten.

If there is money don't look for someone advise and just make a simple budget not yourself and start buying it will with what you have and for the next bull market. Hodle and be hodling till then.