Am I too late to begin thinking of investing in Bitcoin?

[CryptoBuds]

Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

If you invest in bitcoin now it is no longer considered the earliest but not too late and I think this is the perfect time to invest in bitcoin. Because there is no guarantee that if you knew about bitcoin earlier you would have invested in it because at that time it was banned by many governments, not legally recognized and investing in it was too risky...But now things are pretty clear and safer as the government has legalized it, we have bitcoin ETFs and a pro-bitcoin president...If you look at those things and they just happened this year then it can be said that the era of bitcoin is just beginning so investing in it now is the perfect time.

There are many newbies who are making the mistake of just looking at the price of bitcoin, thinking that the price has increased too much and it is too late to invest but if you check its supply, you will understand how cheap bitcoin is still and we are still early to invest from now.

[Japinat]

No one's late with bitcoin. You are just on time. So don't waste your time thinking whether you're late or not. Get into bitcoin now, but know the risks first prior to investment so you won't be blaming others if you lose in the process. Losses are part of investment, it's as good to say that you need to be more smart and wise to minimize your losses but increase your chances of getting gains.

[KingsDen]

Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

Your post reminds me of one of the numerous posts I made as a newbie. Infact I had to visit my profile to get the full post. Even if as a newbie, I was able to understand that there's no late commer in the crypto industry, but where I got it wrong was advising people to buy a coin because the price is low.

I often see people complain bitterly about the opportunity they missed years ago. Infact, I am one of the people. But, it just occurred to me that there is no late commer in the world of Cryptocurrencies. More coins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

The major challenge is information, now you are informed, it's your morning, you are not late. If you think some coins are so expensive, buy the inexpensive ones. No one knows the pregnancy that carries a king.
Thanks!

[LogitechMouse]

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I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

Good day as well. Welcome to the crypto space first of all.
Your question is subjective because different investor has a different mindset when it comes to investing into Bitcoin. There are 2 scenarios that I will give.

1. If you're investing for the short-term only, it's still a good time to invest into Bitcoin NOW that it dumped really hard a few hours ago. From $101,000 to now around $96,000. That's a huge profit still especially if you bought at the lows, and you're planning to hold it until maybe it reaches $120,000 or even higher at $150,000.
2. If you're investing for the long-term, I would suggest to just keep your money and wait for the bear market to happen. For me, that would be a better option to maximize your profits. Imagine buying this time for the long term then bear market happens. Your portfolio will be down for years, so I would suggest you do DCA while going down.

It depends on your goal. If you're thinking short-term, you can still make profit as of now, but if you're thinking of long term, you might be a little late and I would suggest waiting for the bear market to happen probably a few months to nearly a year from now. It's up to you now. Good luck OP.

[HelliumZ]

If you feel that it is your time to invest in Bitcoin then you should invest in Bitcoin without delay if you have no problem with funding. You may not be investing now but in the future when the price of Bitcoin will rise a lot you will regret why you didn't invest in the past. You will find yourself very guilty when the current price may increase many times in the future. If you invest $100 now and it is likely to become $1000 in the future that means if your plan is right then invest without delay.

[reagansimms]

There is no maximum price of Bitcoin because its price is determined by supply and demand, if more investors want to buy Bitcoin than sell it, then the price will increase from before. On the other hand, if more investors sell Bitcoin then the price will go down, meaning there is no maximum and minimum price, so it is never too late to start investing in Bitcoin because the number of buyers and sellers affects its price.
Its limited quantity (only 21 Bitcoins in circulation) allows its price to increase in the future, because its supply is limited, Bitcoin will become something rare if many people want it and its price will increase because it is sought after.

[Pi-network314159]

Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Bitcoin is for everyone and not for some set of people who are super rich, or "Bitcoin has not reach a level where those who are well to do enough can indulge in" as you claim. You can begin investing the amount you can comfortably spend or the amount you will not be needing so soon. You can begin as low as $10 every week through DCA and by the end of the year, you would have accumulated a decent amount of Bitcoin then if such process is repeated by 4 to 10 years above, then you will be good.

Is my being aware of Bitcoin now too late or do I still have a chance?

No time is too late with Bitcoin investment like I said, you can start as little as you can and progressively you are good to go.

[hero_the_bossman]

If you feel that it is your time to invest in Bitcoin then you should invest in Bitcoin without delay if you have no problem with funding. You may not be investing now but in the future when the price of Bitcoin will rise a lot you will regret why you didn't invest in the past. You will find yourself very guilty when the current price may increase many times in the future. If you invest $100 now and it is likely to become $1000 in the future that means if your plan is right then invest without delay.

Agreed! It should be done responsibly still because the funds that you would convert into Bitcoin would work for you in the long run - and you can't turn your investment half way back into the fiat or something else - then it would all be for nothing.
Bitcoin is the way to go in any season of the year 

[john_egbert]

There is no maximum price of Bitcoin because its price is determined by supply and demand, if more investors want to buy Bitcoin than sell it, then the price will increase from before. On the other hand, if more investors sell Bitcoin then the price will go down, meaning there is no maximum and minimum price, so it is never too late to start investing in Bitcoin because the number of buyers and sellers affects its price.
Its limited quantity (only 21 Bitcoins in circulation) allows its price to increase in the future, because its supply is limited, Bitcoin will become something rare if many people want it and its price will increase because it is sought after.

Adoption is going up regarding Bitcoin in all the different places and countries around the world - so the demand for it and the interest in it would only increase, in my opinion. And that's great for the recognition that it deserves and achieves through all the challenges.

[Zigabel]

Many predictions say it can do 10x from the current price, like it can hit $1 million dollar per BTC too but that's not true in my sight, The point is we are never late all we need is a better idea, plan, and realistic profit, we just can't make the profit that we can make from memes and in other words we can not make the loss too. You can start doing DCA if you plan to hold for long term.

The potentials around Bitcoin much after now I'd such that we actually cannot even completely tell and this ability of its to continually appreciate over the years without an exact targeted price of reach where we can say it may not rise beyond there, makes it even more Intriguing and gives more reason why you can continually say that it's alone very later joining in because there's still chances you still make profit much after if you are patient,  especially I you get in investing for the long term, it's definitely going to be rewarding and will actually pay off in the future.

[DeathAngel]

You are definitely not too late to buy Bitcoin & you will do very well with it if you have the patience to hold for a long time. Buy regularly if you’re able to, don’t check price too much & in 25-30 years you will be so glad that you decided to go down the Bitcoin rabbit hole.

[fikrett]

You are definitely not too late to buy Bitcoin & you will do very well with it if you have the patience to hold for a long time. Buy regularly if you’re able to, don’t check price too much & in 25-30 years you will be so glad that you decided to go down the Bitcoin rabbit hole.

Bitcoin is never too late to hop on. Because it will be always relevant in the future.
 

[God Of Thunder]

In the future, people would pray to get even a portion of sats for the price they would see in the decade to come, so I totally agree - we need to make the most of what we have currently now.

I like what you said. Even if that does not happen, the scenario will be kind of similar. The institutions are already thinking of having their own Bitcoin strategic investment and some countries also thinking about it. How did it happen while all the governments and banks were saying Bitcoin is not money, it's just a balloon that will blast after some time?

We are here after only a few years and look at the world now. It's seeing Bitcoin positively and big institutions are thinking about Bitcoin. The companies are already planning to acquire cheap Bitcoin for their reserve. so, people should accumulate as long as they can.

[Alpha Marine]

As some people here will say "we're still relatively early adopters of bitcoin". Even if were 16 years too late, you might still be 20-30 years early. The fact bitcoin is $95k today doesn't mean it will be at that price forever, or it doesn't mean if the price rises to $200k that would be the end. There was a time when people would have laughed at you if you told them that bitcoin would get to 100k, so now if I tell you that bitcoin might get to half a million you might see it as a joke, but it's still very possible.

That aside, this year is speculated to be a very good year for bitcoin, which means we can see an ATH of close to 200k, that's a lot of profit from the current price. You're never too late for bitcoin.

[michellee]

You are not too late to invest in Bitcoin. Many people are new like you who start investing in Bitcoin. You can buy Bitcoin in a price now or wait for a lower price but you need to hold the Bitcoin for a long time. You don't have to worry with the price fluctuation because you buy using DCA method which is safe for you.

If your capital is not much for investing in Bitcoin, you can buy small amount and still using DCA method. That can help you to accumulate more Bitcoin especially if you buy at a low price. You still lucky if you want to start now because Bitcoin can increase more than the last high price.

[rodskee]

There was a time when people would have laughed at you if you told them that bitcoin would get to 100k, so now if I tell you that bitcoin might get to half a million you might see it as a joke, but it's still very possible.

those people who laughed at bitcoin before now regret for doubting bitcoin and not taking advantage when the chance was there so now people are realizing the potential of bitcoin and is learning to trust them more and have more confidence so it’s good that you already are one of those people your journey starts today and you just have to focus on what to do moving forward

[justdimin]

If you are looking at Bitcoin investment as get rich quick scheme, then I believe you are already too late.  If you are looking for Bitcoin as an investment that will give you 1000x return in the next 6 years, then you are already too late.  But if you are looking at Bitcoin as an investment that can give you a good rate of profit in the long run then you are not yet late.  The bitcoin industry is still booming, politicians are taking notice of Bitcoin and some powerful government are thinking of making Bitcoin as reserve.

The potential growth of Bitcoin is promising, it is that the days of 1000x in a short span of time is already over, instead Bitcoin offers a steady growth of your portfolio with lesser volatility than before.  So if you do not mind waiting for some time to see your Bitcoin portfolio multiply by 3 folds or more just by holding and waiting for a 2 or 3 4-year cycle(8 to 12 years) then go on invest on Bitcoin for it is not too late to get such % profit in that span of time.

This is the way, I agree with this so much and I remember writing this somewhere before but I do not remember where, but I wrote the same thing. I mean bitcoin is still the best investment and that's why we invest, that's the most important part and as long as we trust this to happen then we are going to end up with a much better situation. This is the best way to move forward and that has to be the clear situation with how to find an asset and bitcoin is far the best one.

This is the way and I believe that we are going to end up profiting from this more than anything else and as long as we do that, there is really no problem at all. This has to be the most important part, sure we can't make 1000x profit but at the same time nothing else will neither, so we are not really looking for that. As long as we make great profit then there is no problem at all and we can make this work, so in the end invest into bitcoin more than anything else to make profit.

[hero_the_bossman]

There was a time when people would have laughed at you if you told them that bitcoin would get to 100k, so now if I tell you that bitcoin might get to half a million you might see it as a joke, but it's still very possible.

those people who laughed at bitcoin before now regret for doubting bitcoin and not taking advantage when the chance was there so now people are realizing the potential of bitcoin and is learning to trust them more and have more confidence so it’s good that you already are one of those people your journey starts today and you just have to focus on what to do moving forward

Exactly.
Never mourn those who are ignorant to the possibilities and the potential BTC has - just push through the fud and be a happy hodler. Enjoy the ride and the process.

[Cityhunter34]

Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

When it comes to Bitcoin investment, there is no such thing as being late. The key question is how prepared are you? Invest in Bitcoin required a long term perspective to generate substantial profits. It's not about timing, but about determination, Bitcoin investment is not a get rich quick scheme; rather it's a strategy that rewards long term holding and patience.

[Ale88]

Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?

Besides the fact that I don't believe you're late for bitcoin, you are saying that you don't mind holding bitcoin for a relatively long period so, if I were you, I would take the risk. If you actually believe in bitcoin you shouldn't pay too much attention to the current price, you should know that price is important but it's not bitcoin's main feature.