Are There Ways Late Adopters Like Us Can Benefit from Bitcoin?

[Yatsan]

As long as it is still profitable then it is still not too late for adoption. There's no such thing as late as well, if we are referring to its market price because in the first place it has a limited token supply and if demand will be consistent over the next years to come then prices are safe to assume that it will be continuously growing. With overall usage as a digital currency, for sure it is still too early for this technology. Not all countries are accepting or recognizing this market as an alternative mode of payment and there are lots of room for improvement as well regarding transaction fees and speed. So don't hesitate if this is what pull you out from investing to this industry. Risk is always there but things are for sure manageable. Just know what you are engaging yourself with and you'd be fine along the way.

[mirakal]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

If they are positive with bitcoin, I believe they will make it big in time. For now, learning is the key. They don’t have to rush investing without the required knowledge and little exposure in the market. And once they’re good enough, they can start to invest with little amount of capital, and stick to bitcoin. Although the profits might probably take so long but at least their future profits are secured, unlike if they rush into investing new altcoins in the market, there might be promises of quick profits, but only to find out that they have been scammed all the way. Most of the time, those too good to be true are signs of scams, so we need to be more cautious of that.

[fuguebtc]

Are there other ways people like us who are late adopters benefit from Bitcoin?

Do you mean it's too late to invest in bitcoin and make profits? Come on, don't look at its value because it has a very limited supply so the high price is not too difficult to understand. And that doesn't mean it can't continue to increase in price, you need to further evaluate its current supply and market capitalization. You'll see that it's early and there are plenty of opportunities for anyone who wants to invest in bitcoin. Bitcoin's market capitalization has only reached 1.5 trillion, and what do you think if its capitalization is equal to gold?

Also, do you follow recent investor predictions at bitcoin conferences? Michael Saylor predicts Bitcoin price could reach $49 million by 2045, I'm not sure if that's possible but it means top investors are still very bullish on bitcoin and think everything hasn't even started yet.

https://coinstats.app/news/8deafb61c784f1545147edeb50ae6c8134ec5d7ea571bbc1e2f7b7da58148629_Michael-Saylor-Predicts-Bitcoin-(BTC)-Could-Reach-%2449-Million-by-2045-at-Bitcoin-2024-Conference/

[jcojci]

You are not too late to join Bitcoin and benefit from Bitcoin although it is difficult to collect Bitcoin from a free ways. But you can still buy Bitcoin as your investment and using DCA, you can buy and hold Bitcoin for some years. Buying Bitcoin is the only chance for those who feels too late to join in Bitcoin for their investment.

If you can invest in Bitcoin using DCA, you will see that with volatility of Bitcoin price, you will have a chance to buy Bitcoin in many low price. That is the benefits for you because there will be more and more people that will feels they are too late to invest in Bitcoin.

You don't have to feels like that because the opportunity to invest in Bitcoin still wide open. As long as you can allocate your money by weekly or monthly to buy Bitcoin, you will have a chance to have Bitcoin and benefit from Bitcoin.

[Dzwaafu11]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

It is still never too late to benefit from bitcoin. You can invest in it, and you will earn money from it. When the time comes, thousands of people will still be making money from it, so you can also do it, but I think what you should do is invest, which will take a long time before you get proof of it. However, you cannot get it for free. You will use your own money to purchase the amount you can afford, and you will also use the amount you can afford to lose. 

As long as you can allocate your money by weekly or monthly to buy Bitcoin, you will have a chance to have Bitcoin and benefit from Bitcoin.

The OP should not forget to use the amount he can afford to lose because, even aside from allocating weekly or monthly money to invest in bitcoin, there is still a possibility that he still does not know the risk attached to bitcoin investment, so it’s better. I think he should learn about it first before he takes any further steps towards investing in bitcoin, or maybe he should start with a small amount of money and then continue learning the knowledge of how bitcoin investment works. 

[Iranus]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

If they are positive with bitcoin, I believe they will make it big in time. For now, learning is the key. They don’t have to rush investing without the required knowledge and little exposure in the market. And once they’re good enough, they can start to invest with little amount of capital, and stick to bitcoin. Although the profits might probably take so long but at least their future profits are secured, unlike if they rush into investing new altcoins in the market, there might be promises of quick profits, but only to find out that they have been scammed all the way. Most of the time, those too good to be true are signs of scams, so we need to be more cautious of that.

As long as bitcoin's volatility exists, there are always opportunities for those who want to invest in bitcoin, and it's never too late to invest in bitcoin. Whether we can benefit or profit from bitcoin will not depend on whether we get involved early or late but will depend on the knowledge we have. If we do not have the knowledge then even having the opportunity to invest in bitcoin early cannot guarantee that we can hold it until it makes a profit. So I agree with you that knowledge will be the deciding factor in our profits.

[jcojci]

As long as you can allocate your money by weekly or monthly to buy Bitcoin, you will have a chance to have Bitcoin and benefit from Bitcoin.

The OP should not forget to use the amount he can afford to lose because, even aside from allocating weekly or monthly money to invest in bitcoin, there is still a possibility that he still does not know the risk attached to bitcoin investment, so it’s better. I think he should learn about it first before he takes any further steps towards investing in bitcoin, or maybe he should start with a small amount of money and then continue learning the knowledge of how bitcoin investment works. 

If @OP gets payment from his client in Bitcoin so he doesn't have to sell all of his Bitcoin and hold for some amount as his investment. That will works good for him as he can fills his daily needs by selling some amount while he saves the other amount for his investment. He can buy more Bitcoin if he wants and add more amount of Bitcoin to his investment.

Learning more about Bitcoin is a must especially if he wants to know the more benefits of Bitcoin. Besides that, he can learn how to manage the risks in investing in Bitcoin. Everything will start with learning if we want to involve in something so we understand how to use it properly.

[tottong]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients.

I would like to know why you are willing to pay people in bitcoin and whether every time you pay clients make the exchange rate in accordance with the dollar.
If you live in a country like El Salvador it may be true to pay for anything using bitcoin is fun, but if you live in another country it seems full of considerations.
If you do not get serious benefit from bitcoin maybe you are not involved in an investment or trade because it is impossible when we are involved in both models not to get direct benefits.

Are there other ways people like us who are late adopters benefit from Bitcoin?

Not at all.
The word late is only used by some people who do not try to accept and complain about being late is very silly.
If previously you paid people with bitcoin then now you also have to think about collecting it as a form of investment. It is impossible for people who pay using bitcoin not to be involved in investment or trade.
Because people who don't understand bitcoin usually won't get involved, but you are paying clients with bitcoin and you should understand how to get direct benefits.

[lixer]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

What about the BTC's that you earn from your job? It seems like you are some kind of a VA or something that works online but I think most of them pay well. The earnings that you can get can also get boosted once BTC value rises and it can happen even if you don't HODL but only upon receiving your payment from your client. You think you are late but there are still people who can be later than you, so don't get discouraged okay? You receiving BTC as a payment method is already a benefit from Bitcoin.

You shouldn't ask for more actually. In the forum, there are lots of users who are getting paid in a signature campaign and I believe these people aren't also involved in hodling, trading, or any other else but they are already very thankful for this.

[coolcoinz]

First of all, you are not a late adopter, OP. Late adopters  are people who start using the technology once it hits mainstream, so it becomes widely used. How many people you know in real life who use bitcoin? How many of them even know what bitcoin is? Do you know when late adopters will come to the space? When bitcoin wallets are integrated into bank accounts. When phone manufacturers start adding them like they add google services. When you don't have to buy gift cards anymore but can use bitcoin directly on Amazon and other online stores.

If you want to benefit from bitcoin, hold it and don't try to compare it to other things because this month gold will do better and the next it will be the stock market. Hold it for 3-4 years and you'll see how well it performs in longer time frames.

[Z-tight]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

Early adopters who were able to store their coins from that time until now made a lot of money, because they were able to accumulate a lot of coins when it was worth nothing, and their returns have multiplied as the price of BTC increased over the years. For recent adopters, you have to buy when the price is low, and you have to buy a lot of coins, to make good returns.

However, do not underestimate the benefit of using BTC as a payment method, it also aids people to accept cross-border payments faster and easier, and these are some of the original reasons why it was created.

[Zanab247]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

If you have not made a good profits from your BTC business yet, you need to check your strategies very well because if you don't have the strategy of accumulating BTC in your wallet and wait for bull run to flow before you can sell to make money, it will be hard for you to make a good profits from BTC business. Don't forget that BTC is not made for money making, and if you want to make money, there are many job in the internet where you can apply with your personal details and you will begin to earn money weekly or monthly from the Job but they are not to reliable like the physical job.

Bitcoiners don't hate anybody that is benefiting from BTC business because it is their joy seeing other people believing in decentralized currency, which Bank officials or government are condemning to discourage people not to have knowledge of BTC business, but people have tested the BTC business to discovered that it will help people to build a brighter future.

[Hyphen(-)]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

If you are only using it as payment method for your clients, you might not gain a lot from Bitcoin because the market cap of Bitcoin has already shooting up which will make easy and quick profit from Bitcoin investment to
Be hard especially if you invested small amount.
Late Bitcoin investors can only benefit from Bitcoin if they hold Bitcoin for long term. Short term Bitcoin investment will not pay that much because the price will hardly move to give 2x within short time from now, but if you are opportune to invest huge amount when the price fall, you will gain some percentage increase as profit for short time. But there is hope for Bitcoin price to surge high in the future, that is why if you have small money to be saving, you can use DCA to accumulate some Bitcoin for your future plans.

[uneng]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

Late adopters will be benefited like any other Bitcoin adopter, although the potential profit they may make by investing in BTC is much inferior than the profit made by early investors who adopted Bitcoin when it was still pricing less than 100$ each coin. So far the other means to get extra profit by adopting Bitcoin involve risks, like lending it at third party platforms, so it's not advisable in every cases and in many situations it has been unprofitable, since investors have lost money to scammers.

The best you can do is to continue holding until and expecting the price to rise on long run. Just don't compare the current profit you are making to the profit people used to make in the early days of Bitcoin adoption, otherwise you will indeed feel frustrated because the investment isn't being so profitable like you wished it to be.

However, don't forget that even though profit has been decreasing cycle after cycle, it's still a much superior investment when compared to traditional alternatives offered by fiat banks.

[Rockstarguy]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

Do you think their is no gain in bitcoin now? Or you think bitcoin only had gains then when it came new some years ago, their are good gains in bitcoin only if you can hodl bitcoin very well.  The people you think benefited from bitcoin some years ago didn't get it for free but they were able to hodl bitcoin to male good profit from Bitcoin. During the last bear season the price of bitcoin went so low that if you had bought some bitcoin and hodl by now you will have a lot of Profit in bitcoin.  

Many beginners just feel as they start engaging in bitcoin they will start benefiting from the profit of bitcoin very fast but that's not how bitcoin works, bitcoin doesn't make people to become rich very quick, you can only make gains only if you the patience to hodl bitcoin for sometime.

[Issa56]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

You might not have joined bitcoin early, but it’s not really too late to invest in it. If you can hold on for the long term, then you will be making some profit, but you don’t expect the same profit from people who got into bitcoin at an early stage. If you join bitcoin and you expecting instant profit, you should know that’s really going to be difficult. So instead of being discouraged that you are late, you can just start investing gradually.
 
I will tell you that if you don’t invest now, then later in the future, you will still end up feeling bad that you didn’t invest now, because I can’t even imagine what price bitcoin will be in the next few years to come, so you still have the opportunity to invest now if you haven’t invested before, and if you already have some bitcoin, then keep on holding tight. 

[South Park]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

You are nowhere near as late as you claim, however the days in which you could use a small amount of fiat and get monster returns are over, still you can make way more money with bitcoin than with stocks and do so faster as well, after all I expect bitcoin to grow 100% or even 200% during this bull run, profits which are higher than what you can get with most stocks, so as long as the amount of money you invested was high enough, the profits you can obtain can still be very significant.

[Ryu_Ar1]

Actually in this case I want to emphasize that there is no delay when in bitcoin.
Many say that it is too late to be in bitcoin even not only today but almost every month it seems that in the forum a lot of people say late and late but in the end we must also realize that there is no such thing as being late when in bitcoin.
Those who say that it's too late I think it's just an excuse not to be in bitcoin when in fact if you don't intend to then there is no need to be forced when you don't want to be in bitcoin because in the end bitcoin is also not for coercion so there is no need to make a lot of excuses by saying it's too late in bitcoin because it's already expensive.
Especially when we talk about long-term investment then it seems like the word too late is clearly ridiculous because even though we don't know what the future will be like but when talking about bitcoin progress then we must be aware that their development allows them to be at a better price in the next few years so the word too late is actually a little annoying for me to hear and read.

[Finestream]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

Early adopters who were able to store their coins from that time until now made a lot of money, because they were able to accumulate a lot of coins when it was worth nothing, and their returns have multiplied as the price of BTC increased over the years. For recent adopters, you have to buy when the price is low, and you have to buy a lot of coins, to make good returns.

However, do not underestimate the benefit of using BTC as a payment method, it also aids people to accept cross-border payments faster and easier, and these are some of the original reasons why it was created.

I guess we are never late with bitcoin but just on time. The fact that we are here now enjoying the benefits of bitcoin like using it as a convenient payment is already a good start. Now, if you'll also learn to invest and hold it longer inside your wallet, you will also earn huge profits in the future just like those early adopters who were very positive and aggressive about bitcoin. I believe anyone is capable to benefit from bitcoin, we should only learn to explore the different potential benefits of bitcoin and how to make advantage on them.

[Antotena]

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

Bitcoin in the long run doesn't lose value, this is why people buy and hold it. In the long shot term, it might looks like it's not growing or come down and reduce value but in the long run, it will definitely protect you from inflation. What am I saying? Don't think that Bitcoin is expensive today, people that saw it at $3k all thought the same thing but today, look at the price, many times bigger than what anyone would have expected of Bitcoin.

Buy and hold, that's the primary way to benefits from Bitcoin, some people might discouraged you that it might not go above that price but never say never, it will go up in value and you can benefit through this and lastly, don't leave your Bitcoin on the centralized exchanges.