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

[kryptqnick]

Some entities pushing for consideration of someone as a potential VP does not mean that this person has a significant chance of being chosen. If we look at the list of potential VP choices for Harris in a Forbes article, there are 14 names mentioned but Gary Peters is not one of them. So if he's not even in top-14, I say there's nothing to be concerned about. I hope Harris will choose a crypto-neutral if not pro-crypto candidate, for her own sake. She and Trump are going to be in a very close race, and choosing an anti-crypto running mate will be a major disadvantage.

[Marvell1]

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.

I agree, although bitcoin no longer generates millions of percent profits and makes many people rich from small capital. But finding 50% or 2x or 3x returns with bitcoin is entirely possible, whereas it would be very difficult for us to achieve that goal with other assets like gold or stocks. It can be said that we cannot get rich with a small capital using bitcoin these days, but we can make significant profits from it if we know how.

I think people who say it's too late to invest in bitcoin are greedy people, they want to be like the early bitcoin investors who wanted to get rich with just a small amount of capital. They want high profits but don't want to risk too much, they are greedy people.

[Blitzboy]

Bitcoin's a long-term investment. Consider it as real estate; you do not buy a house hoping to flip it over night. You hang onto it since you think its worth will be great someday. Maybe you are wondering, "Am I too late to the party?" Not exactly! We are actually in the early years of Bitcoin acceptance. Consider the internet as it existed in 1990s. Early on those who saw the promise made a fortune. Though a different field, this is the same game.

What then to do? Simple. Maintain your Bitcoin. Don't hurry to translate every purchase you make into dollars. Consider it a useful tool. Remember, the value of Bitcoin resides in its future potential as much as in its present use. And believe me, potential is really great. So, let yourself rest. You're not behind the curve. You exactly where you should be. Just be patient; hang onto your Bitcoin and see it increase.

[mirakal]

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.

Knowledge and trust—these are the things we need. Many people know about bitcoin and have done some research, but they are not yet convinced, making them lose the opportunity.

Most of the time, we see the benefit of a thing (like bitcoin) after losing it. It is sad to say, but we usually appreciate and value a thing when it is over. We can say there is no rush to invest in bitcoin. Well, yes, but we already lost those days; in time, we ignored them because of uncertainty and a lack of trust. There is no guarantee for early investors to succeed; it is also the same for latecomers. But guess what? Most of the time, investors gain more compared to latecomers.

That is why we should have to be more aggressive and never lose every opportunity we see, as we can no longer fill those days we missed.

[Stable090]

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 haven’t made any serious gains from bitcoin because you haven’t held it for a long time. If you do, then you should be in profit. Bitcoin isn’t what you will invest, and within a short period of time, you are going to expect a massive profit. Because you aren’t making good profits yet doesn’t mean you are late to bitcoin investment.
 
A few years ago, people who didn’t invest in bitcoin because they thought the price was too high were already regretting why they didn’t invest now, so it’s better you invest so that you won’t also regret it later. The best thing to do is to get a job, invest some of your money in bitcoin, and be ready to hold for a long time if you want a good profit.

[AmoreJaz]

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 haven’t made any serious gains from bitcoin because you haven’t held it for a long time. If you do, then you should be in profit. Bitcoin isn’t what you will invest, and within a short period of time, you are going to expect a massive profit. Because you aren’t making good profits yet doesn’t mean you are late to bitcoin investment.
 
A few years ago, people who didn’t invest in bitcoin because they thought the price was too high were already regretting why they didn’t invest now, so it’s better you invest so that you won’t also regret it later. The best thing to do is to get a job, invest some of your money in bitcoin, and be ready to hold for a long time if you want a good profit.

As we put it this way, it is not about being late on this market but when is your entry and exit. Your gain is relative to when you will cash out what you bought. But you should have the patience to wait and should have other assets to fall back into. One way to truly benefit on this market is to hold long enough and sell it when you are already gaining good profits.

[Rabata]

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?

I think it's not too late to adopt Bitcoin for those who don't know about Bitcoin. But those who didn't hold Bitcoin despite knowing it were late. Todays bitcoin's price will never go back to previous position of 2016. It should be noted that the number of investors are increasing at the same time the market cap of Bitcoin is also increasing but the Bitcoin Supply is Limited, so it is easy to assume that Bitcoin will continue to grow in the future. People who know about Bitcoin but still haven't focused on collecting Bitcoin are basically left behind.

Looking at the previous price and the current price of Bitcoin, there is such a question in us that we are too late to invest in Bitcoin? I would not say, we are still in the beginning stage. Bitcoin just rose to $73k. Bitcoin price will reach 1 million in a short time and after that its price will continue to increase. Therefore, the right decision is to get rid of this kind of frustration of not being able to invest earlier, but adopt yourself to Bitcoin as soon as possible.

[Solokan]

Yes, of course everyone definitely wants profits from Bitcoin, there are those who trade Bitcoin and there are also long-term investments in Bitcoin to gain profits. In my opinion, if you want profits from Bitcoin, it depends on each individual and of course depends on the insight you have, but in my experience it depends on our money, namely Whether you put a lot of money in Bitcoin or a small amount, of course if the capital is small then the income from BTC will be small and if it is large then it will certainly be big. So it depends on us who do it and of course people who buy BTC at the right time and sell at the right time will certainly get good profits.

In my opinion, it is never too late to buy BTC if it is for long-term investment, but of course if you want to maximize profits, wait until there is a decline in the price of BTC and of course that is the right time to maximize profits from investing in BTC or trading in BTC. But of course that's based on my experience and certainly everyone's experience is different. But of course there is always risk and we must be prepared for the risk.

and according to my experience, of course, getting big profits in BTC is certainly not easy because it requires a long process and patience, especially for those who invest in BTC for the long term.

[Samlucky O]

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?

Yea you can make gain or profit from bitcoin, all you need is to buy bitcoin with all investment strategy which are buying the dip and HODL, DCA strategy, and lump sum. And you must have a long term goal, not just thinking of short term investment. Although most people prefer Trading for making profit from small dip in Bitcoin price and sell when it's high, but I doubt if people really makes a reasonable amount of money from it.

[Raflesia]

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?

I think it's not too late to adopt Bitcoin for those who don't know about Bitcoin. But those who didn't hold Bitcoin despite knowing it were late. Todays bitcoin's price will never go back to previous position of 2016. It should be noted that the number of investors are increasing at the same time the market cap of Bitcoin is also increasing but the Bitcoin Supply is Limited, so it is easy to assume that Bitcoin will continue to grow in the future. People who know about Bitcoin but still haven't focused on collecting Bitcoin are basically left behind.

Basically, it's never too late so saying it's too late to be in bitcoin is just a way for us to make this an excuse not to be in bitcoin. In the sense that we still don't have great confidence to be in bitcoin so saying the price problem is one of the problems and considering us late. Even though if we look at some momentum there are actually a lot of opportunities, especially when you want a slightly cheaper price when the bitcoin decline occurs, but because of the lack of confidence in ourselves it always makes this the biggest reason that we are late because bitcoin cannot be bought at a cheap price.

Many opportunities to start, besides that bitcoin is also quite flexible where we can still have them according to our financial capabilities but that is not enough to convince those who really don't want to be in bitcoin on the grounds that it's too late.