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Author Topic: Who says it's too late to buy Bitcoin?  (Read 8258 times)
OcTradism
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January 08, 2025, 01:20:45 PM
Merited by JayJuanGee (1)
 #81

Today there is a fairly large discount in my opinion and it will be very good for us to buy or do DCA for those who have not collected bitcoin this year, I am really waiting for Trump's decision after he is inaugurated about bitcoin whether he will do it, if that happens we will see a green market very quickly.
With Bitcoin ROI that is very good with years, DCA strategy is a very good strategy for investment.
https://casebitcoin.com/charts#roi_chart
https://dcabtc.com/

Two famous successful DCA cases are MicroStrategy and El Salvador.
https://saylortracker.com/
https://nayibtracker.com/

I think that at any point in time, there is an opportunity with Bitcoin.
In a decade - we would all cherish the price we are having now.
And then - again and again. It all would come circle after circle..
If you have long term plan for your investment, there are a lot of time and chances for you buying bitcoin.

Bitcoin profitable days chart shows 99% days are profitable and it gives you belief and strength to start or continue your accumulation and hold your bitcoin for a long time.
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

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Baki202
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January 08, 2025, 03:43:49 PM
 #82

Bitcoin is an excellent asset, so it can never be too late to buy it. But we should still not shy from the truth and the reality is that we should only encourage a smart investment. Anyone venturing into Bitcoin should first learn it, such a person would then know that it has bullish and bearish seasons, and that's what we should be very careful of. Don't buy Bitcoin at $120,000 in the name of being a good coin when it is about to slip into the bearish season, which might make it hit back $50,000. Why not buy later and own more of it? That has been my helpful philosophy.

People underestimated bitcoin as an asset and see the kind of popularity its gaining and bitcoin is now one of the biggest assets you can own, this one of the reason everyone is trying to invest because of its popularity and its gain, because when you invest is for you to want to make profit and with the popularity it's gaining everything is becoming more. And what people see is what is making them have more intrest  especially influencers that are posting things that are not even real, and a lot of people are mislead, we know how impressive bitcoin is but still have its own risk.

Whe you Learn about bitcoin then you will be about to know the right steps to take  every time because most people just invest without proper understanding and they don't even know anything about the seasons, they don't even know what to do when they experience this seasons, when bitcoin is bearish it is better to buy at that rate so when it's bullish you can experience profits, if not for that anyone can buy anytime they want.











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boyptc
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January 08, 2025, 04:35:48 PM
 #83

I think that at any point in time, there is an opportunity with Bitcoin.
This is also my point but can't deny that we're actually on high right now.

In a decade - we would all cherish the price we are having now.
And then - again and again. It all would come circle after circle..
If this is the long game and plan that someone has, there's nothing to worry with. And I agree that we'll be cherishing these prices in the future. Not even going to reach a decade.

But maybe after a cycle and on the next bull run likely 2028-2029, we'd probably laugh at the prices now.
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January 08, 2025, 05:06:27 PM
Merited by JayJuanGee (1)
 #84

I have a wallet which I thought was empty for months. I just recently logged in to that wallet and find out that it has still some Bitcoins. Those Bitcoins came into wallet in early part of 2024 when price of Bitcoin was around 60 to 70k. I asked Chatgpt to tell me how much I have gained and to my delight the gain is 40% (as per chatgpt calculations). A gain of 40% in less then a year is too good. I know we can easily see such gain from CMC and other websites but experiencing this in real life has it's own Aroma.  

Those who thought it's too late to buy bitcoin when it was over 50k can see how much Bitcoin has gained in less then a year.
The people who say it's too late to buy bitcoin probably said the same thing when bitcoin was worth $1k, and then the same at $10k, and so on. It's just a psychological thing, some people will always think they missed the bus while others will give it a try anyway and it usually pays off. Also for many people this is a very convenient excuse because they are somehow afraid of investing so they try to convince themselves that investing now would be a mistake.

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    No @1.15         Yes @6.00    
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NotATether
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January 08, 2025, 06:21:48 PM
Merited by JayJuanGee (1)
 #85

It is never too late to buy Bitcoin. But it also makes sense for someone who didn't accumulated yet to say that it's too late buy when they feel that the current price is quite high. We can't blame them as well for telling that but you do you. If you believe on the long term holding of Bitcoin, you'd pretty much buy at any price levels doing the same DCA strategy of MicroStrategy, they don't mind about the prices, they just put where their money is. And, you're a lucky guy, how I wish I still got some dust balances on my old wallets.

In 2013, people were worrying that they were too late to buy Bitcoin. That the train had already passed.

Same thing happened in 2017, 2021, and now 2025 apparently.

That's just the way people think. It may not necessarily be true, but people have the tendency to pack FOMO in. It's their job to suppress it and to think logically.

 
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Cookdata
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January 08, 2025, 07:37:03 PM
 #86

Those who thought it's too late to buy bitcoin when it was over 50k can see how much Bitcoin has gained in less then a year.

Sometimes it's blessing in disguise that we forget things we have in our custody like Bitcoins. But Bitcoin and just forget them (without losing the keys)      

Only because of OpSec I am not sharing screenshot of my wallet along with other details. Hope it's not required as I want to highlight the point related to Bitcoin gain in value and advantage of forgetting the Bitcoins you have (without losing the keys).


I like your encouragement, anyone can make profit from Bitcoin regardless of how expensive it is but let's get this straight, there is no way you will invest less than. $1000 today in Bitcoin and you expect to make huge amount of profit. Big profits beget big investment and vice versa. You will only be holding your Bitcoin for a very long time that lord knows when we will break the all time we have broken before and if we don't dip after that as market is not linear.

If you want to enjoy Bitcoin on a long term with this expensive price, you will have to do dollar cosr average if you don't have huge amount of money to buy immediately, you will need to have buy as you have more money available to your so your volume become bigger and in future, you can make money when the bull run comes but you have to be patience about it.

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.WHERE EVERYTHING IS A MARKET..
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Will Bitcoin hit $200,000
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    No @1.15         Yes @6.00    
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shield132
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January 08, 2025, 08:51:25 PM
 #87

The people who say it's too late to buy bitcoin probably said the same thing when bitcoin was worth $1k, and then the same at $10k, and so on. It's just a psychological thing, some people will always think they missed the bus while others will give it a try anyway and it usually pays off. Also for many people this is a very convenient excuse because they are somehow afraid of investing so they try to convince themselves that investing now would be a mistake.
Yes, that's true, there are many people who feel sceptical about Bitcoin's price and I became a victim of such people. I remember how everyone was saying in 2016 that $600 is high and if Bitcoin reaches $1000 it will fall soon and in 2016-2017 I sold all of my Bitcoins because of these people but I learned hard way and started collecting of Bitcoin again in 2017. Since 2017, I collected them and saw a very good profit in 2020-2021, then I sold my coins before the crash and I bought them again in 2022, then sold again and then bought again and sold yet again.
I'm not new to Bitcoin, I've learned that if Bitcoin is lower than its all-time high price, then it's safe to buy Bitcoin because maybe not today, not tomorrow but in a few years it will reach an all-time high again after the halving, when the bull run starts.

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January 08, 2025, 09:54:17 PM
 #88

You should accumulate Bitcoin only when you understand most about it and have reasons to believe that it's going to thrive in the future.
And surely - one waits for the correction to buy more, one - buys it anyways, and the other DCA's his way out. Each has his own way of getting more BTC, and that's beautiful.
Learning about bitcoin nowadays is not something that will cost someone much time again; it's a class that you can just take under a few minutes of skin reading through online. The decision to invest in Bitcoin is something that shouldn't take anyone much time, especially when they know what they are going into.

Correction is always the best time to buy, but how long will it take before a correction happens in Bitcoin after a big price pump? That prediction is always not stable, which is why I do advise people to buy whenever they have the time; as far as the goal is to hold for a long time, entry price doesn't really matter much.

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January 09, 2025, 08:04:13 AM
Merited by JayJuanGee (1)
 #89

Learning about bitcoin nowadays is not something that will cost someone much time again; it's a class that you can just take under a few minutes of skin reading through online. The decision to invest in Bitcoin is something that shouldn't take anyone much time, especially when they know what they are going into.

Correction is always the best time to buy, but how long will it take before a correction happens in Bitcoin after a big price pump? That prediction is always not stable, which is why I do advise people to buy whenever they have the time; as far as the goal is to hold for a long time, entry price doesn't really matter much.
You're right basic knowledge about Bitcoin is indeed more accessible now which is why many are participating in the market. However some end up with misconceptions especially when they don't take the time to deeply understand it. Those with strong long-term mindsets are often the ones who succeed especially during a bull run. It's better to focus on time in the market rather than timing the market. Consistent accumulation really is the key to a successful strategy.
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January 09, 2025, 08:06:10 AM
 #90

In 2013, people were worrying that they were too late to buy Bitcoin. That the train had already passed.

Same thing happened in 2017, 2021, and now 2025 apparently.

That's just the way people think. It may not necessarily be true, but people have the tendency to pack FOMO in. It's their job to suppress it and to think logically.

New bull cycle, a new wave of such people.
We all probably were here at the start of our appropriate journeys.
 Wink

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January 09, 2025, 08:18:27 AM
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 #91

Bitcoin still has a long way to go, it's still positively going to amass this current price. So there's never a late time to buy Bitcoin.
Even when Bitcoin was at it lowest the excuse was that it doesn't look like it's worth investing. Then later on it grew and the excuse again was it seems we're now late.
Even if Bitcoin drops massively people would still find excuse not to buy.
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January 09, 2025, 12:44:00 PM
 #92

Bitcoin still has a long way to go, it's still positively going to amass this current price. So there's never a late time to buy Bitcoin.
Even when Bitcoin was at it lowest the excuse was that it doesn't look like it's worth investing. Then later on it grew and the excuse again was it seems we're now late.
Even if Bitcoin drops massively people would still find excuse not to buy.
Some people will always find something to blame for their own mistake or something to use and justify their mistake, shifting blame to another thing. Most people who look for something as a reason for why they have not invested in Bitcoin are not just ready to invest in it; what's there to say? I don't want to invest in this currency, and I have not found a reason yet rather than using price too high or price too low or it's going to crash as an excuse for why you have not invested.

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January 09, 2025, 12:46:30 PM
 #93

Bitcoin still has a long way to go, it's still positively going to amass this current price. So there's never a late time to buy Bitcoin.
Even when Bitcoin was at it lowest the excuse was that it doesn't look like it's worth investing. Then later on it grew and the excuse again was it seems we're now late.
Even if Bitcoin drops massively people would still find excuse not to buy.

We don't need to look at those who don't want to see the potential of Bitcoin.
We need to be happy that we can be wiser and use it ourselves.
When there is a dip - we buy more.

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January 09, 2025, 01:49:39 PM
 #94

It is never too late to buy Bitcoin. But it also makes sense for someone who didn't accumulated yet to say that it's too late buy when they feel that the current price is quite high. We can't blame them as well for telling that but you do you. If you believe on the long term holding of Bitcoin, you'd pretty much buy at any price levels doing the same DCA strategy of MicroStrategy, they don't mind about the prices, they just put where their money is. And, you're a lucky guy, how I wish I still got some dust balances on my old wallets.

In 2013, people were worrying that they were too late to buy Bitcoin. That the train had already passed.

Same thing happened in 2017, 2021, and now 2025 apparently.

That's just the way people think. It may not necessarily be true, but people have the tendency to pack FOMO in. It's their job to suppress it and to think logically.

People always have this thoughts especially when Bitcoin hit its new all time high. Those sentiments that they are already late its because the huge price leap is already been hit by Bitcoin. If they remain asking a question like that then provably that the same with other people asking this question there's nothing will happen to those people.

Instead of asking unnecessary question like this its better that they should do some research so that they would know how to verify information especially if there's certain movement of the market that make them confuse about what are possible things that will happen next.

2017 - 2025 already pass, hopefully people forget about that question also their doubts and they proceed to accumulate then do DCA with Bitcoin.

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January 09, 2025, 03:10:13 PM
 #95

Some people will always find something to blame for their own mistake or something to use and justify their mistake, shifting blame to another thing. Most people who look for something as a reason for why they have not invested in Bitcoin are not just ready to invest in it; what's there to say? I don't want to invest in this currency, and I have not found a reason yet rather than using price too high or price too low or it's going to crash as an excuse for why you have not invested.
This is the characteristic of people who fail and they always blame others for what makes them fail and people like this do not deserve to be given knowledge because we will be blamed if they are unable to achieve success. It is never too late to start investing in bitcoin because people can make adjustments in their strategy to run the accumulation of purchases and the issue of high prices is not a big problem as long as they buy and hold bitcoin in the long term as an investment step that is taken.

If due to the reason of the increasing price they do not want to start investing then people will never have the opportunity to start and considering the accumulation at a much cheaper price will make people lose interest in investing, while if they want there is a DCA pattern that can be applied as one strategy to buy according to ability.

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January 09, 2025, 06:02:46 PM
 #96

We are in a phase of massive adoption by institutions and governments therefore we have high expectations for bitcoin this year and beyond therefore it is never too late to make money with bitcoin.
Today there is a fairly large discount in my opinion and it will be very good for us to buy or do DCA for those who have not collected bitcoin this year, I am really waiting for Trump's decision after he is inaugurated about bitcoin whether he will do it, if that happens we will see a green market very quickly.

I think that at any point in time, there is an opportunity with Bitcoin.
In a decade - we would all cherish the price we are having now.
And then - again and again. It all would come circle after circle..

We will fight with time, therefore it is very possible to change a situation for the better, bitcoin comes with a new world revolution for the future, this cannot be accepted by those who rule this world in the previous way, but human intelligence increases and effectiveness and efficiency become the main foundation in development and that is what bitcoin will provide for a better future, no wonder bitcoin continues to prove its strength to us again, again and again.

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January 09, 2025, 06:26:14 PM
 #97

I have a wallet which I thought was empty for months. I just recently logged in to that wallet and find out that it has still some Bitcoins. Those Bitcoins came into wallet in early part of 2024 when price of Bitcoin was around 60 to 70k. I asked Chatgpt to tell me how much I have gained and to my delight the gain is 40% (as per chatgpt calculations). A gain of 40% in less then a year is too good. I know we can easily see such gain from CMC and other websites but experiencing this in real life has it's own Aroma.  

Those who thought it's too late to buy bitcoin when it was over 50k can see how much Bitcoin has gained in less then a year.

Sometimes it's blessing in disguise that we forget things we have in our custody like Bitcoins. But Bitcoin and just forget them (without losing the keys)      

Only because of OpSec I am not sharing screenshot of my wallet along with other details. Hope it's not required as I want to highlight the point related to Bitcoin gain in value and advantage of forgetting the Bitcoins you have (without losing the keys).

Lucky you I must say, there is no limitation in how much you can gain from investing in Bitcoin, the profits will come but you have to understand that patience is what makes you a unique person from other people. There are some people that are still holding there Bitcoin right from the days it was trading below $100. They haven't sold any yet and it's not because they don't need the money, they do but they are not ready to sell yet because they see future in the future of Bitcoin.

However, if you are holding Bitcoin, yous should also prioritize security. There are plenty of wallet addresses that are holding Bitcoin that are not accessible and it's not because the owners are not longer alive, it's as a result of private key losses and seed phrase. They don't have the means to access what they have endure to hold after many years of holding. Don't be like those people.

R


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January 09, 2025, 06:39:37 PM
 #98

No time is ever too late to invest in bitcoin. It is true that those who invested in bitcoin earlier are one of the luckiest set of people, that is if they didn't sell all their bitcoins because by now they must have made lots of returns they wouldn't make if they started late. But in spite of all this, no one would invest in bitcoin now in the right way without getting good returns from it. Those who are not emotionally ready to invest in bitcoin will keep making excuses why they cannot invest. In my opinion, it is not neccessary convincing anyone who claims it's too late to invest in bitcoin. They can always go for other forms of investment they can easily make money from.


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January 09, 2025, 07:50:28 PM
 #99


To earn 100 times, 1000 times, yes, it's too late to buy Bitcoin. But you can still earn 3 times, 5 times in the coming years. After all, there is a saturation point and it cannot experience astronomical increases after a certain point. Bitcoin is now mainstream, Bitcoin price is given together with Dollar, Euro, Gold price in economic news. To get to this point in 16 years is a great achievement. Bitcoin will continue to be a good investment tool, but if you want your money to increase 1000 times in an instant, this is no longer possible with Bitcoin.
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very correct, i truly agree with you...


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January 09, 2025, 08:34:52 PM
 #100

You should accumulate Bitcoin only when you understand most about it and have reasons to believe that it's going to thrive in the future.
And surely - one waits for the correction to buy more, one - buys it anyways, and the other DCA's his way out. Each has his own way of getting more BTC, and that's beautiful.
Learning about bitcoin nowadays is not something that will cost someone much time again; it's a class that you can just take under a few minutes of skin reading through online. The decision to invest in Bitcoin is something that shouldn't take anyone much time, especially when they know what they are going into.

Correction is always the best time to buy, but how long will it take before a correction happens in Bitcoin after a big price pump? That prediction is always not stable, which is why I do advise people to buy whenever they have the time; as far as the goal is to hold for a long time, entry price doesn't really matter much.

Yep, the time and the ability to do so.
Though honestly speaking, if you see a decline in price up to 15-20% - it's a great time to get more.

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