Who says it's too late to buy Bitcoin?

[FortuneFollower]

Seems a bit of a crazy thought, even though there might be some connection with internet adoption and bitcoin, even though surely there are a decent number of countries with decently good internet adoption levels, yet still seeming reluctances about bitcoin...

There are still some reluctances about Bitcoin, because the world is not ready for it yet. Some governments rely on the old cash system (paper money) to keep the economic rolling. A radical transformation is necessary for Bitcoin to reach the masses. Slowly but surely, every country around the world will adopt BTC as its own. Russia, China, the UAE, and even Qatar are getting in the game.

We're still early, considering that CBDCs aren't even the norm yet. A long journey awaits for Bitcoin. The earlier you buy, the higher the chances you'll have of profiting in the future. Just invest wisely, and you'll have nothing to worry about.

Yep.
I do think that they just fear what they don't know and how it would work out for them, and then again, they have fiat, which worked for them like a clock. Why bother with crypto and BTC? Especially if you are a big and developed country already..

[Huliya]

[edited out]

For example, let's say I start investing in Bitcoin in January 2025 and I plan to review the value of my accumulated Bitcoin in 2035. So what if I buy small amounts of Bitcoin regularly during this period? Then, even if the market price fluctuates at different times, it will achieve long-term growth for my investment, because Bitcoin has a long-term price growth trend.

Now suppose, I was trading during this period and sometimes bought Bitcoin and waited for the price to rise, and sometimes sold it immediately when the price fell, then my profit or loss would depend on the short-term market fluctuations. As a result, my risk exposure would be much higher. But, as a long-term investor, if I hold Bitcoin, even if the market drops a little, I will eventually achieve long-term growth.

I have no problem with your anticipation that the trader has a lot more uncertainties as compared with the investor.  

Sure, it is possible that the trader could outperform the investor, yet it is way more likely that the trader will underperform the investor.  Traders do not tend to fare too well, especially in some something like bitcoin, even though you will hear them bragging their asses off, yet it is quite unlikely that they beat a consistent persistent and aggressive investor who might employ DCA investing and lump sum investing (sure the aggressive investor could also employ buying on dip, yet that is more difficult to measure and starts to devolve into a variation of trading).
Regarding your specific example of 10 years investing, we might be able to control for how much a guy puts in and we might even anticipate raises every year, but let's say if the guy had invested $100 per week, then that would be $5,200 per year and $52k over 10 years, so then we would have a certain amount of certainty about the amount put in, we could likely have various scenarios on an Excel spreadsheet showing various possible BTC price trajectories, and we could get some ideas abut where the guy might be, even though surely we would not know the specifics until the time actually passed as compared with projecting in advance.

Of course, looking back right now from January 1, 2015 to present, we would have had around $52k invested and 35 BTC.  It would be difficult to find a trader who would have had been able to beat those kinds of results with the same amount of capital...even though traders will brag, but when push comes to shove, they would not have had really been able to produce results as compelling as a straight forward DCA approach to BTC.

It seems much more feasible that any of us would be in a much more solid position to engage in persistent, consistent, ongoing and perhaps even aggressive buying of BTC (aka investing) rather than fucking around with trading that may or may not end up working out.

Let's say someone starts buying Bitcoin at a rate of $100 per week starting in January 2015, which is $5,200 per year and a total investment of $52,000 over 10 years. Now if we look at the price of Bitcoin, we can see that there has been quite a bit of change in the price of Bitcoin from 2015 to 2025.

If that person were to sell their holdings in 2025 at the current price of Bitcoin (i.e., $50,000), their total Bitcoin profit would be 35 BTC (on top of their total investment of $52,000). It is important to note here that the outcome of their investment is very clear, as it is possible to know exactly how much they invested each week. [My calculations may be wrong. I got some help from chat-gbt for the calculations. ,

Now, if we talk about a trader trading Bitcoin at the same time, the profit and loss would be very uncertain. A trader may make a temporary profit, but in a volatile market like Bitcoin, the chances of making a consistent profit are very low. As a result, the trader will not be able to earn up to 35 Bitcoins, and even if he makes a good profit once, he may lose more money later.

Now we can see that if the investor had used the DCA (Dollar Cost Averaging) method, his returns would have been stable and good, but there are many uncertainties and risks involved in trading, which may not ultimately yield a stable income.

[Lembo69]

As far as I understand as a newbie, there is nothing to be disappointed about the price of Bitcoin! Because the price of Bitcoin increases as it decreases! Therefore, it is certain that patience is sweet! You just have to wait until the price increases! Remember that after darkness comes light! Just like the sky is covered with clouds before the rain comes. After the rain comes, the sky becomes clear again! In the same way, the price of Bitcoin also increases!

[Jewan420]

Some argue that bitcoin is too expensive now but i think it's more about the long term horizon. Just because it's not at the same low price as it once was doesn't mean it's too late to buy. Btc decentralized nature and its potential to become a hedge against inflation could continue driving demand for years to come making it worth considering even at its current price

The presence of the DCA strategy makes Bitcoin expensive, but it will not affect our investment. You do not need to calculate the value of Bitcoin for investment; if you consistently buy Bitcoin according to your ability with a specific dollar amount using the DCA strategy, there is no reason to worry about the price of Bitcoin. Forget about the price of Bitcoin and continue buying according to your ability. Due to price increases, you may end up getting less Bitcoin for the same amount, meaning your potential profit may decrease. Therefore, whenever you gain the ability to enter the market, do so without any delay. The expensive price today may be the cheaper price of tomorrow. If you keep thinking of Bitcoin as expensive and refrain from investing, Bitcoin will never be cheap for you.

[JayJuanGee]

[edited out]

People have different ideas. They always think about profit. People want to get rich as soon as possible. No matter how much we tell them to invest instead of trading, they will only start trading when they get the opportunity. However, I would like to tell my fellow traders and investors that we should invest for the long term first, then secure our capital and trade at a rate of 10-15% per annum to meet our needs.

If a person wants to have a long-term view while investing in Bitcoin, he will actually focus on investing instead of trading. The advantage of long-term investing is that once you have placed your investments, you can let them grow over the years, providing opportunities for capital growth. Meanwhile, trading is like a gambling game, where you repeatedly buy and sell to trade the fluctuations in the stock price and make short-term profits or losses.

For example, let's say I start investing in Bitcoin in January 2025 and I plan to review the value of my accumulated Bitcoin in 2035. So what if I buy small amounts of Bitcoin regularly during this period? Then, even if the market price fluctuates at different times, it will achieve long-term growth for my investment, because Bitcoin has a long-term price growth trend.

Now suppose, I was trading during this period and sometimes bought Bitcoin and waited for the price to rise, and sometimes sold it immediately when the price fell, then my profit or loss would depend on the short-term market fluctuations. As a result, my risk exposure would be much higher. But, as a long-term investor, if I hold Bitcoin, even if the market drops a little, I will eventually achieve long-term growth.

Therefore, as an investor in Bitcoin, you should let it grow over time, and not let market fluctuations affect your investment.

After putting in the time and effort to secure your capital over a period of time, it doesn't make sense to risk it on trading for those quick gains. Even if you put 10-15% return per annum, the volatility and unpredictability of trading can easily wipe out the hard work you've put in. The odds are always against traders especially in a volatile market like bitcoin, its a gamble that often leads to more stress and potential losses than it's worth.

Thanks for pointing out that trading versus investing point in which it seems that Huliya was suggesting that it would be o.k. to trade 10-15% of his bitcoin every year or maybe expecting a profits of 10-15% on whatever bitcoin that he would be trading every year.  To the extent that I understand what he is even saying, it seems a bit ridiculous to have those kinds of expectations of being able to get returns from trading. 

When I first read that part of his post, I was thinking that he meant to put 10-15% per year into bitcoin, yet now I see that I had not read or understood it clearly..

I am not against the idea of some guys thinking that they have to get an income off of trading, and surely there can be some places (or situations) in which guys have trouble making money, so they find that their chances of making money are much greater to trade bitcoin (and even crypto) rather than trying to get income from the kinds of work that are available to them in their geography and/or their employable skill levels.

I am not unsympathetic to some traders making income from trades, and even some of the traders being good enough at trading that they are actually able to live off of the income, yet it is a rare trader who is both able to live off of his trading income and also able to build up funds to the side (such as building up a bitcoin stash) in order to be able to do better in those kinds of trading activities rather than to earn income from other sources and to inject that value into building his BTC stash over time.

Of course, there are some traders who figure it out, perhaps less than 5% of all of them, so the skill of being able to build an investment and to trade at the same time in a consistently profitable way (by guarding principle at least) is a pretty rare skill and it is way too common that traders are either not sufficiently enough disciplined and organized and/or they are not sufficiently able to segregate their investment accounts (their secure accounts) from their trading capital, so they end up risking and/or locking up investment money for too long of periods of time that either cause losses or failures of the investment money to gain as it should and/or to compound on itself over extended periods of time..... so they may well also calculate ways to make it seem that they are in profits yet they are also ignoring or downplaying some of the opportunity costs that ended up playing out when they would sometimes have large portions of their capital (perhaps even what they consider to be their non-trading capital) in the wrong places at the wrong time.

So it can be quite difficult to both build capital (and an investment fund) and to segregate trading in profitable ways (and to live off of trading proceeds) all at the same time, and pretty rare traders who actually can accomplish all of that in ways that are more profitable than the guy who has outside income and injecting that outside income into something like BTC.  Of course, another thing that can be understandable is that there are some guys who earn such little money in regular kinds of work, so it can start to seem that it does not make much sense for them to be spending so much time in regular work that pays so little.. but then they still have very BIG dilemmas regarding how they are ever able to build up their capital (whether trading funds and/or investment funds) in order to really be able to get to a point that they can both profit from their various trades and also to be able to extract value from the funds to be able to live off of those funds...and a lot of that can become easier when there are outside income sources that at least pay for living expenses, so figuring out the balance of how much time to spend on outside work can become a difficult dilemma especially if there are difficulties finding work that both pays well and does not become too demanding on time and/or other energies that a guy might need for trading (for the guys thinking that they can actually regularly profit from trading).

Prioritizing and Sticking to a long-term investment strategy, can create a more stable financial foundation and allows you to reap the rewards of your patience and discipline without jeopardizing your previous efforts. The focus should be on steady growth rather than chasing after fleeting opportunities that could end up being detrimental. preserving what you have built and allowing it to grow sustainably.

For sure, if a person has an income that is separate from trading and separate from his investments, then he can use that income to build his investment stash and/or perhaps even to build his trading capital.  There can be ways that income can also come from investment and/or from trading capital, and such income can come in systematic ways from either source, without depleting the source, yet it surely can be much more challenging to set up income streams from investment and/or trading capital, and perhaps even more difficult from trading capital since a central idea in trading is to move capital around and use the capital to leverage profits, to arbitrage and/or to find areas in which profits are potentially high and/or highly likely, yet the moving around of capital can end up in way more risk taking than intended and causing inabilities to rely on income flowing from it.. and seemingly even less so than potentially putting decent amounts of capital in some investment and then just calculating a reasonable income stream from the investment that does not deplete the investment because the amounts are already systematically calculated and the capital is not as likely to be moving around as much as a trader would end up doing.

Seems a bit of a crazy thought, even though there might be some connection with internet adoption and bitcoin, even though surely there are a decent number of countries with decently good internet adoption levels, yet still seeming reluctances about bitcoin...

There are still some reluctances about Bitcoin, because the world is not ready for it yet. Some governments rely on the old cash system (paper money) to keep the economic rolling. A radical transformation is necessary for Bitcoin to reach the masses. Slowly but surely, every country around the world will adopt BTC as its own. Russia, China, the UAE, and even Qatar are getting in the game.

We're still early, considering that CBDCs aren't even the norm yet. A long journey awaits for Bitcoin. The earlier you buy, the higher the chances you'll have of profiting in the future. Just invest wisely, and you'll have nothing to worry about.

Yep.
I do think that they just fear what they don't know and how it would work out for them, and then again, they have fiat, which worked for them like a clock. Why bother with crypto and BTC? Especially if you are a big and developed country already..

Hopefully, we are not mixing up bitcoin and crypto here in terms of talking about investing, so any entity whether governmental or institution can end up having similar issues as rich individuals who don't recognize/appreciate any need to be investing in bitcoin, since their fiat systems and fiat investments seem to be working sufficiently well for them, yet there are so many aspects of fiat systems that are messed up so that even well off entities are going to witness weak areas in their systems and their expectations and then figure out that maybe they should be hedging into bitcoin.. and yeah, since they may well be so dumb about bitcoin in the beginning, the dumb twats might not actually be able to recognize and/or appreciate the difference between bitcoin and crypto and so  they might not at first figure out why their hedging should be in bitcoin and not in shitcoins (or crypto or various shitcoin related projects that are appearing to be like bitcoin, but aren't bitcoin).

[edited out]

Let's say someone starts buying Bitcoin at a rate of $100 per week starting in January 2015, which is $5,200 per year and a total investment of $52,000 over 10 years. Now if we look at the price of Bitcoin, we can see that there has been quite a bit of change in the price of Bitcoin from 2015 to 2025.

If that person were to sell their holdings in 2025 at the current price of Bitcoin (i.e., $50,000), their total Bitcoin profit would be 35 BTC (on top of their total investment of $52,000). It is important to note here that the outcome of their investment is very clear, as it is possible to know exactly how much they invested each week. [My calculations may be wrong. I got some help from chat-gbt for the calculations. ,
Now, if we talk about a trader trading Bitcoin at the same time, the profit and loss would be very uncertain. A trader may make a temporary profit, but in a volatile market like Bitcoin, the chances of making a consistent profit are very low. As a result, the trader will not be able to earn up to 35 Bitcoins, and even if he makes a good profit once, he may lose more money later.

Now we can see that if the investor had used the DCA (Dollar Cost Averaging) method, his returns would have been stable and good, but there are many uncertainties and risks involved in trading, which may not ultimately yield a stable income.

The first sentence of your response seems to be just saying exactly what I had already said.. so those seem to be my words rather than yours.

Second, you might need to work through some of these comparison matters in your head and even read through my scenarios a bit more in order to attempt to make comparisons and in order to attempt to better be able to talk about making past comparisons as compared with making comparisons of what may or may not happen in the future.  It becomes confusing if you are making comparisons that cross over timelines, including that someone who starts investing right now (or even starts trading right now) is starting from current circumstances, as compared with someone who might have started 10 years ago, 5 years ago or even a year or two ago, such as around the time of your forum registration date.

There is no problem to compare different timelines as long as there are attempts to be clear about who you might be comparing at any given point.. so if we are talking about trader versus investor, then it may well be better to pick the timeline of the comparison for that.  If we are  comparing an early investor to a later investor then that is another comparison point.. and surely the subject matter of this thread has to do with whether it is too late to buy, and surely I like to emphasize considerations of whether a person might be a no coiner right now or a low coiner right now and then to figure out what the guy might want to do... A no coiner is a bit more clear, since he has absolutely no coins, yet a low coiner might not be much different from a no coiner in terms of considering himself to not have enough coins, so then a low coiner would still end up getting into analyzing the extent to which he had already accumulated in order to figure out if it might be justified for such self-assessed low coiner to either stop accumulating bitcoin, to temper his accumulation or even to sell bitcoin with an expectation of buying back cheaper (which then gets us into trading behaviors).

It seems to me that you are presenting some of your ideas with a bit of gobbledy-gook kind of way since you are mixing ideas of comparing past and present and you are also not even using current prices, to the extent that $50k might be relevant in terms of evaluating what a guy with 35 BTC might want to do, might want to consider doing or even to consider what such guy  might have done, if he had been accumulating BTC and then all of a sudden sold some or all of his BTC at either a lower price or at around our current price..

Also merely because a guy spent 10 years accumulating BTC and getting his stash up to 35 BTC with a mere $52k in capital, that still would not necessarily mean that he is going to want to sell some or all of  those BTC right away or even sell such BTC in large chunks, even though he currently is able to value his current BTC stash and consider various options that he might have based on his having had accumulated such quantity of BTC over the past 10 years.  The scenario may or may not be realistic in terms of the extent to which we might want to know other things about the guy that would have contributed to his ability to stay persistent and also why he might not have changed his behaviors at some point in the past 10 years, yet sometimes when we are presenting pure types in order to make comparisons, there still might not be very many people who might actually fit into such pure type without really knowing the context in which the guy might have had been in order to fit into the hypothetical person category.

Remember also that we might be wanting to compare what an investor might have done over the past 10 years as contrasted to what a trader might have done over the past 10 years, so one of the ways to make such comparison is to attempt to pick some kinds of pure or representative behaviors, so when we get to the end of the period, an investor would still be likely to treat his BTC stash in an investor kind of a way, which means that he is not necessarily going to transition into selling some or all of his BTC stash right away.. and a trader may well continue to trade through out the period. 

Of course, in the real world we may well not have pure types, so it can sometimes become more difficult to make comparisons of what actual real people might have had ended up doing since there will be instances in which investors act like traders and traders act like investors, and so those non-pure types are more difficult to distinguish in systematic kinds of ways without getting bogged down in a myriad of details.  To me it still seems quite helpful to try to compare various pure types, even though if we might be looking at what someone actually did, we end up having to get into the circumstances of that particular person, so even if we might be looking at our own performance over a period of time and where we might be in our own investment at any given time, we might see some value in trying to compare our own performance to our looking at where a pure type might have had been at the same point in time. ... so in that regard, we might consider if we might want to make adjustments to what we are doing, and so in that regard, on a personal level, I will frequently look at what a strict DCA person might have had done over a particular point in time, and to measure my own location and to consider if I am in a place that I want to be or if I might need to make some tweaks. 

Surely the comparisons of where we are at and where we could have had been are likely going to be different for folks who might be in their early to mid accumulation stages as compared with someone who might consider that he has already reached his accumulation goals and perhaps feels that he has overaccumulated.. yet in regards to this thread, there seems to be a bit of a presumption that anyone contemplating accumulating bitcoin and considering whether it is too late would fit into the categories of not having had accumulated enough BTC yet, which seems to be the definitional status of a no coiner and/or a low coiner.

As far as I understand as a newbie, there is nothing to be disappointed about the price of Bitcoin! Because the price of Bitcoin increases as it decreases! Therefore, it is certain that patience is sweet! You just have to wait until the price increases! Remember that after darkness comes light! Just like the sky is covered with clouds before the rain comes. After the rain comes, the sky becomes clear again! In the same way, the price of Bitcoin also increases!

Are you really saying anything Lembo69?  What kind of a timeline are you playing?  Are you trading or investing with your wishy-washy assessment that sometimes the BTC price goes up and then sometimes it goes down? Your superficial baloney, to the extent that you are even a person rather than a bot, sound more like a trader rather than investor's mentality.

[MusaPk]

for example, a person who might be early in life and without a career, such person may well want to focus on learning and building job skills and connections in order to later be able to obtain a better job that results from some ways that any of us might need to train and spend time to be able to become invited into certain kinds of work that might pay us more  so that we might be able to invest more (financially) at a later date.

Those who are early in there career path should focus on there job and business that can help them earn money which they can invest at later stage in Bitcoin. Because we need money to invest in Bitcoin and it has to come from somewhere. It will be a big plus if you start investing in Bitcoin at very early stage like if someone is 25 years old and has just started job. If that guy can start investing in Bitcoin now at 25 years  then by age of 35 years he can have good amount of Bitcoin at his disposal.

And, yeah, I am having some dilemmas, since of course, people who are actually going through those stages in their life might not either be in a position to  figure out how to invest into bitcoin now, and/or even if they might have spare time to be able to study into bitcoin and to spend time to learn more about bitcoin...and perhaps then still be able to buy $10 per week of bitcoin while they are also building foundations of their career if they might have some other ambitions in  life or perhaps some younger people might already be close to finishing all of their academics and internships and so when they hear about bitcoin, they are not really in a position to drop other things that are happening in their life, even if they might recognize that there is some competing importance in regards to involving themselves in bitcoin in one way or another.. to the extent that they might have time, energy and/or money available to invest into bitcoin, even if starting with small amounts.

For students, even 10$ is a big money and they spend every penny they have with care. Not many students have the idea that if they don't wait for tomorrow and start investing now, it will be beneficial for there future. Imagine if someone is a student in 2017 and start investing in Bitcoin then he has a portfolio that is seven years old and with time people can figure out how much more they can invest in Bitcoin. Like if I was a student in 2017 and invest 10$ weekly into Bitcoin and in 2021 I was a graduate then I have room to invest more in Bitcoin.

Well for sure, even if you are saving up for a car, to build a house or to buy a house, there are likely quite a few advantages if you are able to save that in bitcoin rather than either saving in cash or some instrument that is related to cash, yet I have some trouble recommending bitcoin as a trade.. ..even though it  seems that if your timeline is greater than 4 years, then you might be able to leverage your bitcoin into some other asset (or consumption good), yet we know at the same time, that if we come to bitcoin during a downside period of the cycle, then it could take more than 3 years to get back in profits, and also that profits are not guaranteed in bitcoin, though surely regularly investing and buying bitcoin has tended to do a lot better over longer timelines, yet there are a lot of people who end up playing the wave, buying a car or house and then ending up without any bitcoin, so sometime it can be better to allow the bitcoin to ride a bit longer, yet sure there are sometimes where guys are able to catch short term Uppity waves in the BTC price and they might not even have to cash out all of their bitcoin in order to get the advantage of the wave whether that is with a car or house purchase or some other kind of a purchase... and so yeah, they still might have bitcoin left after cashing out large portions of their stash..   I tend to prefer a slower cashing out and also just making sure that your stash is high enough before cashing out too much too soon, even though I understand that some guys will end up cashing out too much too soon in order to satisfy some of their consumption wishes, whether a car, house or some other thing that might have mixed utility and consumption attributes.

If you already have a car and you want to upgrade it in next 5 years or if you are living in rented house and your employer is paying you rent of house and you have 5 to 10 years to build your house then one must go for investing into Bitcoin rather then saving cash in bank. Since cash depreciate in value over a period of time. But if you are in rush then one must keep this thing in mind that investing in Bitcoin is not for short duration. Regarding cashing out, it should only be done if you have enough number of Bitcoins and selling some won't have any impact on your overall portfolio health.  

[Judith87403]

Some argue that bitcoin is too expensive now but i think it's more about the long term horizon. Just because it's not at the same low price as it once was doesn't mean it's too late to buy. Btc decentralized nature and its potential to become a hedge against inflation could continue driving demand for years to come making it worth considering even at its current price

You know looking at the current value of bitcoin can make you not to think of investing in bitcoin for the main time, probably waiting for a dip before you will think of investing. Any investor who is ready to go into bitcoin investment will never pay attention to the current value of bitcoin instead they will just carry out their investment plans without anyone knowing about it.

 This set of people who is complaining about the price being too expensive, when the value was around $75k they were also complaining so I think this set of people are not yet ready to go into bitcoin investment because had it been they're ready to invest in bitcoin, they would have invested in the early stage when the price was at the range of $70k to $75k.

[Abiky]

Yep.
I do think that they just fear what they don't know and how it would work out for them, and then again, they have fiat, which worked for them like a clock. Why bother with crypto and BTC? Especially if you are a big and developed country already..

True. But what can you say about the US? It's a developed country, but it's planning to add BTC to its reserves. President Donald Trump has intentions to do so (subject to Congress' approval). It seems to me that other countries will join the game as Bitcoin becomes more popular. Especially when BTC is outperforming Gold in market price. The ROI in BTC is a lot higher than Gold. It won't be long before everybody is on-board the Bitcoin bandwagon.

Considering it's only been 16 years since Bitcoin's inception, I'd say we're still early to the game. You will regret not having bought BTC earlier once it goes all the way to the moon ($1m+). The time to invest is now. Who knows? Maybe you'll become the next Bitcoin "billionaire".

[JayJuanGee]

for example, a person who might be early in life and without a career, such person may well want to focus on learning and building job skills and connections in order to later be able to obtain a better job that results from some ways that any of us might need to train and spend time to be able to become invited into certain kinds of work that might pay us more  so that we might be able to invest more (financially) at a later date.

Those who are early in there career path should focus on there job and business that can help them earn money which they can invest at later stage in Bitcoin. Because we need money to invest in Bitcoin and it has to come from somewhere. It will be a big plus if you start investing in Bitcoin at very early stage like if someone is 25 years old and has just started job. If that guy can start investing in Bitcoin now at 25 years  then by age of 35 years he can have good amount of Bitcoin at his disposal.

I cannot disagree with your overall sentiment that there can be choices to focus on future income earning potential that likely need to be pursued early in life rather than later in life, yet at the same time, I doubt that it is helpful to be blanketedly proclaiming what people need to do, even if they ask you for advice, they have to ultimately figure out their own priorities and the extent to which they might be able to balance more than one interest at the same time. 

For sure, young people frequently will make pretty dumb-ass decisions when left to their own devices, and sometimes they cannot differentiate between good ideas and bad ideas, yet it still seems like something that they have to figure out and balance on their own, and surely sometimes we might help them in figuring out how to weigh the tradeoffs rather than proclaiming that we know the best answer for their situation (even if we might know them well).

And, yeah, I am having some dilemmas, since of course, people who are actually going through those stages in their life might not either be in a position to  figure out how to invest into bitcoin now, and/or even if they might have spare time to be able to study into bitcoin and to spend time to learn more about bitcoin...and perhaps then still be able to buy $10 per week of bitcoin while they are also building foundations of their career if they might have some other ambitions in  life or perhaps some younger people might already be close to finishing all of their academics and internships and so when they hear about bitcoin, they are not really in a position to drop other things that are happening in their life, even if they might recognize that there is some competing importance in regards to involving themselves in bitcoin in one way or another.. to the extent that they might have time, energy and/or money available to invest into bitcoin, even if starting with small amounts.

For students, even 10$ is a big money and they spend every penny they have with care. Not many students have the idea that if they don't wait for tomorrow and start investing now, it will be beneficial for there future. Imagine if someone is a student in 2017 and start investing in Bitcoin then he has a portfolio that is seven years old and with time people can figure out how much more they can invest in Bitcoin. Like if I was a student in 2017 and invest 10$ weekly into Bitcoin and in 2021 I was a graduate then I have room to invest more in Bitcoin.

For sure the cashflow of students can vary quite a bit in terms of what kind of institution they are studying in, and what their housing costs might be (living with parents or not?), and sometimes they might have financial aid or scholarships that might help too... Some students have jobs and others have internships, and some of the internships and jobs might be related to their longer term interest and other kind of jobs might just be menial work that might not be very helpful to their career objectives.  Some students might not be able to get into the better internships (perhaps even unpaid) unless they have some abilities to support themselves, which they might not be able to do, yet the internship might have high chances of increasing their future employment opportunities and income.  There is a lot of variance and sometimes luck and sometimes needs for students to spend time looking through possible opportunties and figuring out how to either present themselves or to gain certain experiences so they become a more convincing candidate to be selected for some position that might be a stepping stone to another kind of position.  There can be a lot of variables, and surely some kinds of students might be able to get better networks than others based on a variety of factors, including if they might have attended some networking smoozing event.

Well for sure, even if you are saving up for a car, to build a house or to buy a house, there are likely quite a few advantages if you are able to save that in bitcoin rather than either saving in cash or some instrument that is related to cash, yet I have some trouble recommending bitcoin as a trade.. ..even though it  seems that if your timeline is greater than 4 years, then you might be able to leverage your bitcoin into some other asset (or consumption good), yet we know at the same time, that if we come to bitcoin during a downside period of the cycle, then it could take more than 3 years to get back in profits, and also that profits are not guaranteed in bitcoin, though surely regularly investing and buying bitcoin has tended to do a lot better over longer timelines, yet there are a lot of people who end up playing the wave, buying a car or house and then ending up without any bitcoin, so sometime it can be better to allow the bitcoin to ride a bit longer, yet sure there are sometimes where guys are able to catch short term Uppity waves in the BTC price and they might not even have to cash out all of their bitcoin in order to get the advantage of the wave whether that is with a car or house purchase or some other kind of a purchase... and so yeah, they still might have bitcoin left after cashing out large portions of their stash..   I tend to prefer a slower cashing out and also just making sure that your stash is high enough before cashing out too much too soon, even though I understand that some guys will end up cashing out too much too soon in order to satisfy some of their consumption wishes, whether a car, house or some other thing that might have mixed utility and consumption attributes.

If you already have a car and you want to upgrade it in next 5 years or if you are living in rented house and your employer is paying you rent of house and you have 5 to 10 years to build your house then one must go for investing into Bitcoin rather then saving cash in bank. Since cash depreciate in value over a period of time. But if you are in rush then one must keep this thing in mind that investing in Bitcoin is not for short duration. Regarding cashing out, it should only be done if you have enough number of Bitcoins and selling some won't have any impact on your overall portfolio health.

Sure we can attempt to figure out our own timeline and our expenses going out quite a distance in the future in order to figure out when we might expect to need some or all of the proceeds from investments that we make, and in the case of one kind of employment potentially leading to another kind of employment, we might consider various scenarios in which we have some base case scenario expectations, yet we also have some worse case and best case scenarios in our projection of the future, so we might not know for sure how our chances might improve or get worse in terms of future opportunties or income increases, or even losing a better paying job and ending up having to take a worse paying job.    So, for sure, details can matter in terms of how much we might stock away into bitcoin or any other investment including based on if we really are able to consider that we can lock up funds for 5 years or more or if there might be scenarios that we have to temper how much we lock up, and also we have to make sure that we realize that even if bitcoin has always been positive after 5 years, we are not guaranteed that bitcoin is going to be positive in the next 5 years.. so we should have some cushion in whatever we are expecting to account for that potential scenario, too.. including making sure we safeguard it and are careful about how much we might be keeping on an exchange (perhaps no more than 10% on an exchange?, which also might vary depending on circumstances).

[MaxLevCoin]

It's never really too late to buy bitcoin if you're in it for the long haul. It's true that bitcoin has already experienced huge growth but with the increasing adoption of blockchain technology and crypto in general, there could still be opportunities for it to reach new heights. I see bitcoin less as s short term investment and more as a part of a diversified portfolio over time

[JayJuanGee]

It's never really too late to buy bitcoin if you're in it for the long haul. It's true that bitcoin has already experienced huge growth but with the increasing adoption of blockchain technology and crypto in general, there could still be opportunities for it to reach new heights. I see bitcoin less as s short term investment and more as a part of a diversified portfolio over time

Hopefully you are not too distracted with your ideas (and investment into shitcoins./crypto) or your beliefs about diversification are also not distracting you too much, especially if you are in your beginning stages of accumulating bitcoin and if you have some lame-ass ideas that diversification justifies getting involved with shitcoins prior to learning and investing into bitcoin first. 

Also your use of the term, "blockchain technology" is another sign that you might not really know bitcoin very well and you are just spouting out some nonsense to try to appear smarter than you are.

[Huliya]

[edited out]

Let's say someone starts buying Bitcoin at a rate of $100 per week starting in January 2015, which is $5,200 per year and a total investment of $52,000 over 10 years. Now if we look at the price of Bitcoin, we can see that there has been quite a bit of change in the price of Bitcoin from 2015 to 2025.

If that person were to sell their holdings in 2025 at the current price of Bitcoin (i.e., $50,000), their total Bitcoin profit would be 35 BTC (on top of their total investment of $52,000). It is important to note here that the outcome of their investment is very clear, as it is possible to know exactly how much they invested each week. [My calculations may be wrong. I got some help from chat-gbt for the calculations. ,
Now, if we talk about a trader trading Bitcoin at the same time, the profit and loss would be very uncertain. A trader may make a temporary profit, but in a volatile market like Bitcoin, the chances of making a consistent profit are very low. As a result, the trader will not be able to earn up to 35 Bitcoins, and even if he makes a good profit once, he may lose more money later.

Now we can see that if the investor had used the DCA (Dollar Cost Averaging) method, his returns would have been stable and good, but there are many uncertainties and risks involved in trading, which may not ultimately yield a stable income.

The first sentence of your response seems to be just saying exactly what I had already said.. so those seem to be my words rather than yours.

Second, you might need to work through some of these comparison matters in your head and even read through my scenarios a bit more in order to attempt to make comparisons and in order to attempt to better be able to talk about making past comparisons as compared with making comparisons of what may or may not happen in the future.  It becomes confusing if you are making comparisons that cross over timelines, including that someone who starts investing right now (or even starts trading right now) is starting from current circumstances, as compared with someone who might have started 10 years ago, 5 years ago or even a year or two ago, such as around the time of your forum registration date.

There is no problem to compare different timelines as long as there are attempts to be clear about who you might be comparing at any given point.. so if we are talking about trader versus investor, then it may well be better to pick the timeline of the comparison for that.  If we are  comparing an early investor to a later investor then that is another comparison point.. and surely the subject matter of this thread has to do with whether it is too late to buy, and surely I like to emphasize considerations of whether a person might be a no coiner right now or a low coiner right now and then to figure out what the guy might want to do... A no coiner is a bit more clear, since he has absolutely no coins, yet a low coiner might not be much different from a no coiner in terms of considering himself to not have enough coins, so then a low coiner would still end up getting into analyzing the extent to which he had already accumulated in order to figure out if it might be justified for such self-assessed low coiner to either stop accumulating bitcoin, to temper his accumulation or even to sell bitcoin with an expectation of buying back cheaper (which then gets us into trading behaviors).

It seems to me that you are presenting some of your ideas with a bit of gobbledy-gook kind of way since you are mixing ideas of comparing past and present and you are also not even using current prices, to the extent that $50k might be relevant in terms of evaluating what a guy with 35 BTC might want to do, might want to consider doing or even to consider what such guy  might have done, if he had been accumulating BTC and then all of a sudden sold some or all of his BTC at either a lower price or at around our current price..

Also merely because a guy spent 10 years accumulating BTC and getting his stash up to 35 BTC with a mere $52k in capital, that still would not necessarily mean that he is going to want to sell some or all of  those BTC right away or even sell such BTC in large chunks, even though he currently is able to value his current BTC stash and consider various options that he might have based on his having had accumulated such quantity of BTC over the past 10 years.  The scenario may or may not be realistic in terms of the extent to which we might want to know other things about the guy that would have contributed to his ability to stay persistent and also why he might not have changed his behaviors at some point in the past 10 years, yet sometimes when we are presenting pure types in order to make comparisons, there still might not be very many people who might actually fit into such pure type without really knowing the context in which the guy might have had been in order to fit into the hypothetical person category.

Remember also that we might be wanting to compare what an investor might have done over the past 10 years as contrasted to what a trader might have done over the past 10 years, so one of the ways to make such comparison is to attempt to pick some kinds of pure or representative behaviors, so when we get to the end of the period, an investor would still be likely to treat his BTC stash in an investor kind of a way, which means that he is not necessarily going to transition into selling some or all of his BTC stash right away.. and a trader may well continue to trade through out the period. 

Of course, in the real world we may well not have pure types, so it can sometimes become more difficult to make comparisons of what actual real people might have had ended up doing since there will be instances in which investors act like traders and traders act like investors, and so those non-pure types are more difficult to distinguish in systematic kinds of ways without getting bogged down in a myriad of details.  To me it still seems quite helpful to try to compare various pure types, even though if we might be looking at what someone actually did, we end up having to get into the circumstances of that particular person, so even if we might be looking at our own performance over a period of time and where we might be in our own investment at any given time, we might see some value in trying to compare our own performance to our looking at where a pure type might have had been at the same point in time. ... so in that regard, we might consider if we might want to make adjustments to what we are doing, and so in that regard, on a personal level, I will frequently look at what a strict DCA person might have had done over a particular point in time, and to measure my own location and to consider if I am in a place that I want to be or if I might need to make some tweaks. 

Surely the comparisons of where we are at and where we could have had been are likely going to be different for folks who might be in their early to mid accumulation stages as compared with someone who might consider that he has already reached his accumulation goals and perhaps feels that he has overaccumulated.. yet in regards to this thread, there seems to be a bit of a presumption that anyone contemplating accumulating bitcoin and considering whether it is too late would fit into the categories of not having had accumulated enough BTC yet, which seems to be the definitional status of a no coiner and/or a low coiner.

Thank you! JayJuanGee, now I understand you completely. You mentioned how investors' strategies and goals have changed over time. In particular, how "no coiners" and "low coiners" can make decisions depending on the situation. I didn't think about "no coiners" and "low coiners", which was clearly my mistake. Your analysis made me think about many important things, especially comparing the present with the future. You also said that whether you want to buy or sell Bitcoin depends on the current situation of the person.

Of course, it is possible to compare investors and entrepreneurs. Investors can implement strategies such as dollar-cost averaging (DCA), where they repeatedly buy Bitcoin for a certain period of time, over a certain period of time. On the other hand, traders may want to profit from price fluctuations and change their strategy accordingly.

Your feedback is helping us reevaluate our investment strategy and get a clearer idea of ​​how to operate in the future.

Thank you.

[lizarder]

If we already understand the purpose of bitcoin and the bitcoin cycle, we will definitely understand that bitcoin is a good asset to invest in, even all times are the best time to buy bitcoin. Every time the bitcoin cycle occurs, there are always those who say it is too late to invest, many also end up with a tone of regret. For example, in 2018, they regretted not buying bitcoin earlier. Then in 2022, they regretted not buying bitcoin earlier. The regret arises because we are too afraid to start and always think that buying bitcoin now is expensive, even though in the future bitcoin will be a rare asset.

It is difficult to see the journey of bitcoin in the market becoming more stable and I am not so sure that this will happen in the near future and it should be much better like this because even though the volatility is high we can achieve more promising investments in terms of returns. When volatility is stable this will be different and may not be what people expect for the investment process that is being carried out and now we can review why bitcoin is one of the best choices and it is inseparable from the role of volatility itself.

For those who always say it's too late, no matter what bitcoin's journey will be like, they will still say it and that's normal because there are people who dare to take risks and there are some who are just in their comfort zone because they are not ready to face risks. Bitcoin's journey from the beginning until now should be enough reason why we need to invest here because we see how bitcoin continues to grow rapidly.

[hero_the_bossman]

Some argue that bitcoin is too expensive now but i think it's more about the long term horizon. Just because it's not at the same low price as it once was doesn't mean it's too late to buy. Btc decentralized nature and its potential to become a hedge against inflation could continue driving demand for years to come making it worth considering even at its current price

You know looking at the current value of bitcoin can make you not to think of investing in bitcoin for the main time, probably waiting for a dip before you will think of investing. Any investor who is ready to go into bitcoin investment will never pay attention to the current value of bitcoin instead they will just carry out their investment plans without anyone knowing about it.

 This set of people who is complaining about the price being too expensive, when the value was around $75k they were also complaining so I think this set of people are not yet ready to go into bitcoin investment because had it been they're ready to invest in bitcoin, they would have invested in the early stage when the price was at the range of $70k to $75k.

Complaints are temporary, Bitcoin will grow with or without them, and that's the fact.
Once a person gets a clear vision of Bitcoin and how it behaves on the market, he wouldn't flinch a moment to get more of it if he has the capacity to do so.
So I agree with you.

[Ruttoshi]

For those who always say it's too late, no matter what bitcoin's journey will be like, they will still say it and that's normal because there are people who dare to take risks and there are some who are just in their comfort zone because they are not ready to face risks. Bitcoin's journey from the beginning until now should be enough reason why we need to invest here because we see how bitcoin continues to grow rapidly.

Anyone saying that it's too late to invest in bitcoin is not ready to invest and such people will regret for giving irrelevant excuses when they had the opportunity to invest in bitcoin. Bitcoin price shouldn't be an excuse, because this was how those people where opportune to invest in the early days, overlooked at the opportunity that they had proclaiming that bitcoin was expensive in 2022, when bitcoin price was below $20k.

No successful investors sat in his house and became successful over night without taking risk. Risk takers will always learn new things from their experience and will strife to achieve their goal. Investing in bitcoin is worth taking the risk, because you are building and growing wealth for your future by only buying bitcoin with DCA regularly every week or month for 4-10 years above and hodli for long. Kidnappers, drug traffickers and even politicians takes some high level of risk to achieve their goal. Talk more of bitcoin investment that you are only to be buying with little amount from your discretionary income as a constant practice, so that you can upgrade your financial status in future with your bitcoin investment

[PremiumcryptoHub]

Some argue that bitcoin is too expensive now but i think it's more about the long term horizon. Just because it's not at the same low price as it once was doesn't mean it's too late to buy. Btc decentralized nature and its potential to become a hedge against inflation could continue driving demand for years to come making it worth considering even at its current price

The presence of the DCA strategy makes Bitcoin expensive, but it will not affect our investment. You do not need to calculate the value of Bitcoin for investment; if you consistently buy Bitcoin according to your ability with a specific dollar amount using the DCA strategy, there is no reason to worry about the price of Bitcoin. Forget about the price of Bitcoin and continue buying according to your ability. Due to price increases, you may end up getting less Bitcoin for the same amount, meaning your potential profit may decrease. Therefore, whenever you gain the ability to enter the market, do so without any delay. The expensive price today may be the cheaper price of tomorrow. If you keep thinking of Bitcoin as expensive and refrain from investing, Bitcoin will never be cheap for you.

The presence of DCA strategy does not make Bitcoin investment expensive but rather this method makes Bitcoin investment easier. However, while investing in this method, the price of Bitcoin in the market cannot affect the investor as he regularly buys Bitcoins with fixed amount of money. So when the price of Bitcoin goes up and goes down, the amount of bitcoins he purchased will decrease or increase.

Bitcoin can be purchased at any price if one can afford it, no matter how high the price of Bitcoin is. As you mentioned, today's expensive price may be tomorrow's cheap price. So bitcoin prices will never be stable, so once the price will be cheaper and at one time its price will be expensive i.e increase.Those who delay investing in Bitcoin at an early stage because they think it is too expensive may not be knowledgeable about Bitcoin.

[Dump3er]

It's never really too late to buy bitcoin if you're in it for the long haul. It's true that bitcoin has already experienced huge growth but with the increasing adoption of blockchain technology and crypto in general, there could still be opportunities for it to reach new heights. I see bitcoin less as s short term investment and more as a part of a diversified portfolio over time

Hopefully you are not too distracted with your ideas (and investment into shitcoins./crypto) or your beliefs about diversification are also not distracting you too much, especially if you are in your beginning stages of accumulating bitcoin and if you have some lame-ass ideas that diversification justifies getting involved with shitcoins prior to learning and investing into bitcoin first. 

Also your use of the term, "blockchain technology" is another sign that you might not really know bitcoin very well and you are just spouting out some nonsense to try to appear smarter than you are.

Don't be evil JayJuanGee, give them the benefit of the doubt and do not assume that diversification means bitcoin + dogecoin + bitcoin sv + MAGA! But I admit, I fear you are right with your assumption about their idea of diversification.

Yes, blockchain technology... you remember when all these consultancy companies like Deloitte and Pricewaterhouse Coopers picked up the term blockchain technology and tried to strip it off bitcoin, then bash bitcoin and say that the blockchain technology is the real thing, but bitcoin isn't? I noticed this thanks to your post here because I haven't read that bullshit from them in quite a while. It was more of a thing in 2017 or so I think. Blockchain? yes. Bitcoin? no. Frankly it couldn't get any more stupid than that.

They did it because they wanted to build their own centralized products that they could control and sell. Not possible with bitcoin, but now this circumstances probably still doesn't ring a bell here by those who have doubts what makes bitcoin valuable...

Those who believe in buzz words get busted. Was the same during the dotcom bubble. Everyone bought the next cheap thing that got the term "Internet" attached to it and they all got wrecked. Better stick with what has proven to be resilient already even if it seems to be "more expensive".

[Lembo69]

Since the market is moving! The price of Bitcoin will increase! But after listening to your speech, there is some hope that it will be very slow! This is also the reason for the courage of the newcomers and the veterans not to be disappointed! However, it seems that the price will increase further from the current market.

[EclipseXcrypto]

It's never really too late to buy bitcoin if you're in it for the long haul. It's true that bitcoin has already experienced huge growth but with the increasing adoption of blockchain technology and crypto in general, there could still be opportunities for it to reach new heights. I see bitcoin less as s short term investment and more as a part of a diversified portfolio over time

A lot of folks get discouraged when they see Bitcoin price skyrocket but the reality is there's still plenty of potential for growth. If you invest with the right mindset you can totally overide the hurdles along the way and see some awesome returns down the line. No matter the price, you can always invest in Bitcoin at a level that feels right for you. The potential for growth is still there, and it’s awesome that you can jump in and take advantage that it presents at all given time.

When you invest in Bitcoin it's like planting a seed. It might take time to grow but with patience and the right care it can flourish. The market can be volatile, but if you are in it for the long term you can really benefit from those ups and downs. Bitcoin has a solid track record of bouncing back after dips, which is a good sign for long-term investors.

[Marvelockg]

It's never really too late to buy bitcoin if you're in it for the long haul. It's true that bitcoin has already experienced huge growth but with the increasing adoption of blockchain technology and crypto in general, there could still be opportunities for it to reach new heights. I see bitcoin less as s short term investment and more as a part of a diversified portfolio over time

Hopefully you are not too distracted with your ideas (and investment into shitcoins./crypto) or your beliefs about diversification are also not distracting you too much, especially if you are in your beginning stages of accumulating bitcoin and if you have some lame-ass ideas that diversification justifies getting involved with shitcoins prior to learning and investing into bitcoin first. 

Also your use of the term, "blockchain technology" is another sign that you might not really know bitcoin very well and you are just spouting out some nonsense to try to appear smarter than you are.

Don't be evil JayJuanGee, give them the benefit of the doubt and do not assume that diversification means bitcoin + dogecoin + bitcoin sv + MAGA! But I admit, I fear you are right with your assumption about their idea of diversification.

well, you can't blame anyone that outrightly assume that when one is talking about diversification especially if the person is new to the whole bitcoin ecosystem that the analogy is always on investing in some altcoin probably because the individual is trying to be smart or thinks that by so doing, he can play too safe while exposing himself to the risk that comes with investing in some altcoin. it is the same way people have made use of the term crypto while referring to bitcoin and altcoin thereby sending a wrong impression that tend to suggest that bitcoin is just one of the cryptos and not a different entity that has it potential that is unmashed with the idea that is painted by show shallow gamblers out there.

those that assume that it is too late to invest in bitcoin are the ones advocating for diversification of one's investment portfolio as a way of minimizing risk because they likely think that bitcoin has gone past that stage that going all into it looks really profitable. the fact still remains that even though bitcoin is getting less volatile, the chancing of it going down below certain value is becoming almost impossible and that is the main reason that makes it an asset that is worth investing into because it is even less risky, we have seen how bitcoin has grown consistently and how much it can still grow in the future and even though it might not shoot too high in a twinkle of an eye, it ability to growing to new ATH after new ATH and the fact that we can invest using DCA regardless of the price makes it worth buying both at the present and even in the future.