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Author Topic: Am I too late to begin thinking of investing in Bitcoin?  (Read 1782 times)
Ryu_Ar1
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January 12, 2025, 09:56:40 PM
 #81


Wait until 2026/2027 to really invest as that will be the next bear market, price could be back down to $50-60k then.
There is no certainty that in that year bitcoin will return to the price as you said although in the end bitcoin may experience a decline but we will not know what the price of bitcoin will be so in the end there is no full confidence in a particular year bitcoin will be at a certain price too.
In addition, 2026/2027 is too long in my opinion so in the end as long as we can afford to buy then why delay it.

Indeed, in the end something like this can still be done but indeed when talking about money in the end it is not bought, it will usually always be used for other needs even though we plan to buy in the year as you suggest so I think this is not very wise at least for me.
I would prefer to buy when I have money that is ready to be bought without caring whether next year or 2 years will experience a decline because after all when saying it is not too late to be in bitcoin indirectly means we already believe that the long term will be better to be in bitcoin.

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January 12, 2025, 11:16:35 PM
 #82


Wait until 2026/2027 to really invest as that will be the next bear market, price could be back down to $50-60k then.
There is no certainty that in that year bitcoin will return to the price as you said although in the end bitcoin may experience a decline but we will not know what the price of bitcoin will be so in the end there is no full confidence in a particular year bitcoin will be at a certain price too.
In addition, 2026/2027 is too long in my opinion so in the end as long as we can afford to buy then why delay it.

Indeed, in the end something like this can still be done but indeed when talking about money in the end it is not bought, it will usually always be used for other needs even though we plan to buy in the year as you suggest so I think this is not very wise at least for me.
I would prefer to buy when I have money that is ready to be bought without caring whether next year or 2 years will experience a decline because after all when saying it is not too late to be in bitcoin indirectly means we already believe that the long term will be better to be in bitcoin.

It’s just not the best time to start investing in Bitcoin now , the next 6-9 months are expected to be the highest prices for Bitcoin over the last 4 years.

The best time to buy Bitcoin is the 18 months after the cycle top which will come sometime this year.

I just wouldn’t go too heavy in Bitcoin now if I was only just starting now like the OP is. But everyone is different , some will be happy investing in Bitcoin this year for around a 2x return but others like me are not and invest in top altcoins which will give better returns this year and then plan to invest more heavily in Bitcoin during the bear market when the price is a lot lower.
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January 12, 2025, 11:24:45 PM
 #83

Bitcoin investment will never be too late. The fact that it still performs its pump and dump, and sometimes price crash, then there's always big opportunity to enter into bitcoin investment. What makes you late is if you let yourself think that you can never make the perfect entry. What is perfect entry by the way? Just don't mind it, but invest in bitcoin if you know you are capable to manage the risk. If you think you can't, then don't bother trying at all. You will only lose in the long run.

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January 13, 2025, 01:38:56 AM
 #84

"too late" depends on one's perspective.

Others see it as an opportunity for future growth and others think it is too risky or overpriced

Which one are you?
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January 13, 2025, 02:58:28 AM
 #85

"too late" depends on one's perspective.

Others see it as an opportunity for future growth and others think it is too risky or overpriced

Which one are you?

I think it's never too late if we want to. where the general perspective that I know for investment is that there is always an opportunity if we have the intention and will, we only need to buy and hold BTC periodically.

A big perspective is always present for BTC because if you look at it from the price side, but I don't think it's much different because our investment growth is guaranteed to be strong compared to buying shitcoins.

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January 13, 2025, 03:35:25 AM
 #86

Bitcoin investment will never be too late. The fact that it still performs its pump and dump, and sometimes price crash, then there's always big opportunity to enter into bitcoin investment. What makes you late is if you let yourself think that you can never make the perfect entry. What is perfect entry by the way? Just don't mind it, but invest in bitcoin if you know you are capable to manage the risk. If you think you can't, then don't bother trying at all. You will only lose in the long run.

Indeed, it is never too late to invest in bitcoin because basically, as long as the bitcoin price is still volatile, the pump and dump is still there, we always have the opportunity to make a profit for ourselves. But it's too late for those who intend to get rich with bitcoin with as little capital as the early investors did.

So, to be fair, whether investing in bitcoin at this point will sooner or later depend on each person's goals. Like investing in gold, many bitcoin investors believe that gold is no longer attractive, it is too late and no longer worth investing in. But in reality, many traditional investors are still investing billions of dollars in gold and still making significant profits. In short, when it comes to investing, as long as the market is volatile and there is demand, there will always be opportunities to make a profit and it is never too late.

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Princess Leah
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January 15, 2025, 11:40:43 PM
 #87

Bitcoin investment will never be too late. The fact that it still performs its pump and dump, and sometimes price crash, then there's always big opportunity to enter into bitcoin investment. What makes you late is if you let yourself think that you can never make the perfect entry. What is perfect entry by the way? Just don't mind it, but invest in bitcoin if you know you are capable to manage the risk. If you think you can't, then don't bother trying at all. You will only lose in the long run.

Indeed, it is never too late to invest in bitcoin because basically, as long as the bitcoin price is still volatile, the pump and dump is still there, we always have the opportunity to make a profit for ourselves. But it's too late for those who intend to get rich with bitcoin with as little capital as the early investors did.

So, to be fair, whether investing in bitcoin at this point will sooner or later depend on each person's goals. Like investing in gold, many bitcoin investors believe that gold is no longer attractive, it is too late and no longer worth investing in. But in reality, many traditional investors are still investing billions of dollars in gold and still making significant profits. In short, when it comes to investing, as long as the market is volatile and there is demand, there will always be opportunities to make a profit and it is never too late.

You've said it all, infact Bitcoin is still at the early stage compared to what it would look like in future therefore if someone start investing at the point it is, i believe that the person would still make profits in the near or far future, as an asset class the demand for it is getting high cause more people, firms, institutions and governments are now convinced concerning investing on it so those who start investing at this point still got lots to benefit.

 However Bitcoin is not some coin that pumps and dumps totally like other shitty coins it pumps and dumps thereby giving people the opportunity to invest at a cheaper rate and them pump again, it's left for investors to seize the opportunity of buying more when it dumps to gain more when it pumps again.

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January 16, 2025, 05:36:55 PM
 #88

It's not too late to invest in Bitcoin and take advantage of the high rise, as long you have been doing your research and gaining knowledge in it then you can start thinking if investing. Long-term investments are the only way to succeed in Bitcoin, so fixate your mind towards doing this. Bitcoin investment requires patience and discipline, it's not a way to get quick money, it's also not a gamble. It's an investment that would pay off Based on how dedicated and consistent you are. Few years from now Bitcoin is going to make a lot of people who took advantage of it millionaires.
Baki202
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January 16, 2025, 06:44:59 PM
Merited by fillippone (1)
 #89

Bitcoin investment will never be too late. The fact that it still performs its pump and dump, and sometimes price crash, then there's always big opportunity to enter into bitcoin investment. What makes you late is if you let yourself think that you can never make the perfect entry. What is perfect entry by the way? Just don't mind it, but invest in bitcoin if you know you are capable to manage the risk. If you think you can't, then don't bother trying at all. You will only lose in the long run.

It is never too late to invest in bitcoin because a lot of people have this mentality that there is always a time in bitcoin that you can no longer in interest, especially if the price is already high little did they know that bitcoin is an open market, any time that anyone feels to buy the person can choose to buy any time they want all they need is money and the next thing is going to be for them to buy, the price of bitcoin never stays on the same level there is always an increase.

No matter how high the price might be it won't be a bad idea to buy there is always a new record so there is no regret when you buy high and the price is coming down there is no regrets at all, the risk that investing in bitcoin comes with is something that we can all manage, is just for you to buy and hold if the price is down and decide to sell when the price is high ot depends on how everything have been going, and for traders we have bussiness with the market directly and it is two option is either it Favour's you or you lose money but that does not mean that you should give up when you lose money.











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Powerjumboo
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January 17, 2025, 12:19:41 AM
 #90

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?
Actually there is no such thing as being late, we may not have known before, now we have known, this is the right time for us. Think about it for a moment, why did you not know before, you may not have been able to know then, which is why you may not have known before, now you and I have known, then of course this time is right for us, we have not missed anything. Maybe those who have been there since the beginning of Bitcoin until now, maybe not many people have been successful in holding Bitcoin, but they are also trying to hold it again, so let's start from here without regrets. Bitcoin can be started with any amount of investment.

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January 17, 2025, 06:03:17 AM
 #91

It's not too late to invest in Bitcoin and take advantage of the high rise, as long you have been doing your research and gaining knowledge in it then you can start thinking if investing.
Never been too late but there is also a proper timing to think of going long term. I am long term and I think that even we're on the top right now, it doesn't matter as long as the point of view is about the x number of accumulated Bitcoin for this year. Well, we have a different mindset and being considered as one of the early comers, yes going from 2015-2016 was being said early on that actual year. So, going on this on 2025 can also be said still as in the midst of being early. We do not have the same thoughts about taking risks at buying Bitcoin at its current price but it's a must to DYOR.


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January 17, 2025, 07:28:05 AM
 #92

Long-term investments are the only way to succeed in Bitcoin, so fixate your mind towards doing this.
I do not think it is the only way but I do think that it is the best way to take advantage of bitcoin. Traders have found success from trading bitcoin and buying and selling all in a short term period. It really depends on your bitcoin strategy.
Quote
Bitcoin investment requires patience and discipline, it's not a way to get quick money, it's also not a gamble.
It will only be a gamble if you dive down head first without any safety net to catch you when you are falling.
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January 17, 2025, 07:35:04 AM
 #93

Long-term investments are the only way to succeed in Bitcoin, so fixate your mind towards doing this.
I do not think it is the only way but I do think that it is the best way to take advantage of bitcoin. Traders have found success from trading bitcoin and buying and selling all in a short term period. It really depends on your bitcoin strategy.

It can be done, surely - but it won't be that stable knowing how volatile BTC is during its bull run.
A person that would trade stability for the potential would probably try to trade with it but to play it safe and see results surely - a person would invest in Bitcoin.

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January 17, 2025, 01:10:12 PM
 #94

I don't think it's late to invest in Bitcoin, as a matter of fact this is the right time because the market is definitely going to move in a profitable direction within the next few months. I'm hoping to also Invest in Bitcoin this year, I'm waiting to get some capital but while waiting on that I'm still gaining knowledge first. As a beginner that is what I'm focused on now, many newbies seem to lose focus on the learning aspect and try to dive into the market but it doesn't work that way. It's not too late, if you have the knowledge on it and the capital fo ahead and invest.

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January 17, 2025, 01:46:32 PM
 #95

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


Cryptocurrency adoptions in the world is constantly increasing and this trend will continue. If we look at a survey from 2018 to 2020, there was an increase of about 190% in the number of users. When cryptocurrency started a revolution in 2021, people's interest in it increased further. Thus, over time, support for cryptocurrency or Bitcoin increased. In 2024, 562 million people are adopting cryptocurrency. In 2023, its number was about 420 million, which is a 34 percent increase in just 1 year. If this trend continues in 2025, its amount will increase further.


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Therefore, those who still collect Bitcoin after learning will also be ahead in the cryptocurrency space. 2025 is being considered as a effective year for Bitcoin. At this time, if a country like America can implement the Bitcoin reserve plan, the market value of Bitcoin will increase several times more than the current time. Now is the right time to invest in as much Bitcoin as you can afford.











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January 17, 2025, 02:23:00 PM
 #96


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


just learn bitcoin and how to invest in it because there is no such thing as missing out on investing in bitcoin. anytime you want you can buy bitcoin. because the mistake people make is when they think they have missed the train when in fact the train is already in front of them and they just need to get on to be able to ride with it. just prepare your money and invest regularly in it and hold it for a long period of time, just it.

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January 17, 2025, 03:05:41 PM
 #97

Gold is somewhat tangible whilst Bitcoin isn't, there are really a lot of similarities between Bitcoin and Gold and I've also done researches about which is worth investing!
But Gold can't be compared to Bitcoin , because of it's flexibility and need to be carried from place to place.
Bitcoin is only but a digital asset though so that's why questions about it's durability arises.

Bitcoin isn't tangible but Bitcoin is safer and more agile. Gold is tangible, so it can be stolen, can be damaged and it can be faked. You can't fake Bitcoin, you can't damage Bitcoin and your Bitcoin can't be stolen if you take security seriously. It also has cons like your Bitcoins will be lost forever if you forget your wallet's recovery seeds.

My opinion is that Bitcoin always rises. Is Bitcoin lower than its all-time high? Then it's always a good time to invest because Bitcoin always surpass its all-time high. I believe that Bitcoin will rise further, one day it will reach either 500K or one million dollars. It's still a good coin to invest but it can't bring as much ROI as it could a few years ago, when it was new and not as adopted as today.
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January 17, 2025, 03:18:28 PM
 #98

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 talking about Bitcoin, I would suggest you look at it like a 15yr old boy that is still growing up, with a lot of time and potential ahead of him.
So just imagine that you buy Bitcoin and accumulate a good stash of it now, just imagine like 10 years time from now or more how much the value might be, so my brother, it's not to late to invest in Bitcoin their is still enough time to buy Bitcoin because we are still in it early days, so it's best to make use of your time wisely by investing now that it's still very early and cheap comparing to how much it might get up to in the future

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January 18, 2025, 04:52:38 PM
 #99

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 talking about Bitcoin, I would suggest you look at it like a 15yr old boy that is still growing up, with a lot of time and potential ahead of him.
So just imagine that you buy Bitcoin and accumulate a good stash of it now, just imagine like 10 years time from now or more how much the value might be, so my brother, it's not to late to invest in Bitcoin their is still enough time to buy Bitcoin because we are still in it early days, so it's best to make use of your time wisely by investing now that it's still very early and cheap comparing to how much it might get up to in the future
Ten years ago many people also asked whether it was too late to buy bitcoin? but what about the price of bitcoin now, those who didn't buy at that time must regret it now and they can only say "if only I bought bitcoin". So it is now, it is certainly never too late to invest especially in bitcoin investment which we can see every time halving occurs it will create a new ATH and will continue in the future.

Bitcoin is currently a promising investment for the future, it has even become an asset that can fight inflation, and many countries want to adopt bitcoin, even America wants to reserve bitcoin as a state asset. So don't doubt the potential of bitcoin for the future, keep buying bitcoin, don't do it gradually, it's better than regretting it later.

 
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January 18, 2025, 06:02:25 PM
 #100

I am agree! It's never too late to start a new journey as long as you're breathing and striving for growth. Even if you do not achieve the desired effect, you will definitely gain the necessary experience and knowledge that will be useful in future projects. Isn't that what life is all about?
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