We might not be "early" in bitcoin anymore

[philipma1957]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

Normally I would rant at you for writing another negative thread about BTC.

But maybe I won't rant this time as I think BTC has become a stale asset.

I may unload my btc this cycle.

[EluguHcman]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

Ohy goodness, immediately I finished reading the thread topic I quickly went to check the coin market cap where I usually check the Bitcoin price and I was disappointed seeing that Bitcoin price is only trading within the range of $83K of which I thought it has already skyrocketed above the current $126K ATH because, those times that the market phase trending goes up is usually when this saying or skepticisms of enthusiasts about being late to invest in Bitcoin comes.
They expresses that as disappointment that they have wanted and waited for the price to fall so that they can but on the low, but turns out that the price even goes higher.

It has also been adviced by experience that we should buy Bitcoin and forget about the immediate price and for the fact we are holding for the long term, you are not going to loose as long as investors are putting more money in the market.

[jossiel]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

I do wish that it's still early but that's a reality that needs to sink in to the many of us who held before and yet, sold a lot in the past.

But it's a fact too that anyone who enters right now isn't late to the game. This, we can't apply about 'better late than never'.

It can take forever some other people to invest while many of us are starting to fix our regrets of selling early even if the price continues to be stable and going on 6 digits as its floor price.

[Jegileman]

The moment one gets to know about bitcoin is usually the first time they refer to when they started to get to know about bitcoin, and this is usually called their own early stage era. If you don’t know about bitcoin ten years ago and just getting to know it now, a word of discouragement that you’re late to the investment could stop you immediately from investing, but when you’re being made to feel you’re at the right place and at the right time, it makes you feel convinced to want to start your investment at that time. As time goes on, as long as you’re yet to invest, your earliness to bitcoin will be depreciating. Being early to bitcoin or not has to do with the person behind it.

[#CapsLOck]

I believe there is a misunderstanding here about the meaning of early for two reasons. Bitcoin might be in the later stages of the early investor phase and still in the early stages of adoption. The risk/reward situation of someone who purchased this stock in 2011 is nothing like what it is for someone who buys it today. Even if both are getting the benefits of adoption. I would not be able to say that today's buyers are early. The more interesting question is whether Bitcoin is still at an early stage as it could play a major role in the global financial system in the future. That's a harder one to answer. For it's a better definition than another 100x.

[laspol65]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

Those who say these things in front of people are lying, maybe they have not invested in Bitcoin, although they have invested in Bitcoin and have invested in a small amount of Bitcoin. Because they are afraid of Bitcoin investment, which is why they participate in the least in front of people or to confuse Bitcoin investors, they say that we are still in the beginning stage.
So you should never be afraid of what others say, the more you can research and make arguments on your own, the more beneficial it will be for you. We have invested in Bitcoin, we will do more and will hold Bitcoin in the future.

[Ruttoshi]

Why some people say that it's still early to start your your bitcoin investment is because if you look at the total world population not up to 6% in estimation own bitcoin and that shows that bitcoin will continue to grow overtime as more and more people adopts it.

If you buy bitcoin now and gradually build your stash with DCA overtime, you will be among those that will benefit from bitcoin volatility in ten years time. Though, bitcoin should be seen as a store of value to preserve your wealth. It's not late for anyone to preserve his wealth with bitcoin but as for profit, it will take a long time and that will depend on the size of your bitcoin stash.

[Iranus]

Why some people say that it's still early to start your your bitcoin investment is because if you look at the total world population not up to 6% in estimation own bitcoin and that shows that bitcoin will continue to grow overtime as more and more people adopts it.

I've even seen people doing the whole world population divided by 21m BTC math. They're convinced there's gonna be a day everyone needs Bitcoin. Some even believe it can still do another 100x or more, just like it did in the past. LOL.

For hyper bullish moonboys like that, it's no surprise they keep recycling the we're still early narrative.

But they  seem to forget not everyone needs or even wants Bitcoin like we do. Bitcoin is just an asset, like gold or real estate . It's not some essential thing everyone needs to own.



https://x.com/theswansjr/status/2105637126595338421

[oll]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

I knew people who didn't want to invest when Bitcoin was at $400. They thought it was some kind of insider coin for a small circle of tech experts. Now, Bitcoin is selling at a 30% discount, but I don't see any news about newbies rushing to buy. But I'm certain there will be a huge line of people waiting for Bitcoin when it approaches its ATH, because Bitcoin's price and its growth potential are inversely proportional. I'd even say, "Belief in Bitcoin and its price are proportional." And that's a funny paradox for shrimp.

[Leahized]

We are not so early, neither are we late. Anybody buying now isn't buying early, we cannot compare to those who bought about 10 years ago, even if we can still make much profit from buying, holding, and selling later in the future, early buyers are at an advantage if only they held for a very long time.

This is entirely based on self belief and trust, any decision is made. According to the considerations of Bitcoin investors 10 years ago, they feel much more confidence and credibility in Bitcoin. I have heard many times, at the time of Bitcoin's inception, many individuals referred to it as a scam. And those individuals have not been able to connect with this golden day today. We are aware that, those who are able to take risks in the early stages achieve success. Therefore, those who bought Bitcoin 10-12 years ago and held on have achieved success today.

However, those who invest now and hold for the near future will definitely be able to make a profit. Therefore, there is no need for us to worry about the past.

[5W-KILO]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

The opportunity can never be like when Bitcoin was still very new.
But that doesn't mean that Bitcoin can't leave Gold in the dust some day.

If it requires $200 investment in Bitcoin to become a millionaire in 2013, today it requires over 500x to be atleast closer to such opportunity again.

I feel that such days are nomore, you will have to DCA over and over again to have some advantage unless you are made of money already where $1000 in Bitcoin every week is possible.

[goldkingcoiner]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

Depends on what you mean by early.

Was investing in Coca-Cola when it started considered an early investment? Yes. But what about the people who invested in the 70s, 80s, 90s? They made a really nice pile of riches. They did not become as wealthy as the earlier investors but still very wealthy.

So does it matter how early we are if Bitcoin is still obviously not anywhere near where it will be in 10 years time?

I think we will see around 1 mill usd per Bitcoin sometime before or near 2030.

I consider this early and very profitable.

[Umulala-alala]

Of course we are not in the early stages of Bitcoin. Maybe people think about the future and say that they are still in the early stages. But in reality this is a wrong idea. Because no one can invest in the present time and make as much profit as in the past and it does not seem that there will be such opportunities in the future. For example, if I am not mistaken, in 2011, the price of 1 Bitcoin was 1 dollar. So if someone had invested in Bitcoin in 2011, they could have made 126,000× profit. So is it possible to make 126k× profit by investing in the present time?

We can say that there are many opportunities now compared to the future. It will be seen that many people will regret the present time at some point in the future.

We can't tell for now if there will be much opportunity in the future or not, although early investors has made huge profit for those who hold for long since the price has appreciate in value from when it was created. I think we can't say that now is late for who ever to want to start investing in bitcoin as there could also be much better opportunity in the future, if we invest now and hodl for years too, so i will say investing in BTC now is not too late or early but what matter most is getting started and becoming a bitcoin holder, it's better investing late than never.

[Shadiq]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

I don't want to say where we are now based on how many years Bitcoin has been around, but rather based on its price, we need to confirm our position. 15 years may be an early period for some assets, but with a market cap of $1.68 trillion and a peak price of $126k per coin, we can no longer say that we are in the early stages of Bitcoin. Buying a whole coin has now become a goal for an individual. Even buying a whole Bitcoin now takes most people 5-10 years. Some people can't afford to buy a Bitcoin for that long. From a general perspective, it is now certain that we are no longer in the early stages.

[Emitdama]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

I knew people who didn't want to invest when Bitcoin was at $400. They thought it was some kind of insider coin for a small circle of tech experts. Now, Bitcoin is selling at a 30% discount, but I don't see any news about newbies rushing to buy. But I'm certain there will be a huge line of people waiting for Bitcoin when it approaches its ATH, because Bitcoin's price and its growth potential are inversely proportional. I'd even say, "Belief in Bitcoin and its price are proportional." And that's a funny paradox for shrimp.

While you are 100% right, it is not the same, is it? If you bought at 400 dollars and sold today, you would have made a 206x return on your investment. If you buy now and sell at the 125k ATH price, however, you would have a mere 50% return. Not that it is bad; of course, 50% is great when you consider that most of the stock market would love to have a yearly return like that, but you do not get to do that every single year on Bitcoin either. Bitcoin has good years; Bitcoin has bad years.

In a good year, you could double your money, even triple it; in a bad year, it goes under half of what it used to be. Which is why I think it is important to remember that Bitcoin isn't as profitable as it used to be. Still a good way to make money, of course; I still prefer it over everything else, but it is not as much as it used to be.

[Tongley]

The Bitcoin market has become very big now, there is a lot of doubt about whether we will see the price of Bitcoin increase by 3 times in the next few years or not. Because if we buy a small amount of Bitcoin now, then it seems that the purchase does not have much effect on the Bitcoin market.

However, yes, in the future, it is expected that the price of Bitcoin can increase a lot, but sometimes it is necessary. When every country and every person accepts Bitcoin, then maybe the market price of Bitcoin will increase a lot and if we mention that unknown future, then the current market price of Bitcoin seems to be slightly above its initial stage. However, if we think about the present, then the price of Bitcoin is not at all in its initial stage

[lionheart78]

Bitcoin marketcap right now is around $1.68 trillion. That is massive, it is very huge. Bitcoin is ranked as one of the assets that has the highest marketcap in the world right now as it is in 12th position. That means anyone that is saying that bitcoin is still in its early stage is only deceiving himself or he is deceiving people.

Aside from the market cap being massive, the ratio of Bitcoin in the market or mined against the ratio to be mine shows that Bitcoin is already past its early stage.  We can also consider the price increase since the beginning and the number of people, government and companies that are involved with Bitcoin.  This does not show Bitcoin as an early-stage asset. 

[Wiwo]

Bitcoin marketcap right now is around $1.68 trillion. That is massive, it is very huge. Bitcoin is ranked as one of the assets that has the highest marketcap in the world right now as it is in 12th position. That means anyone that is saying that bitcoin is still in its early stage is only deceiving himself or he is deceiving people.

15 years is no longer early and bitcoin $1.68 trillions market cap is a pointer to how much volume bitcoin have generated over the space of that 14 year's.

Being early that ops may reffer to is the statement of forum members who believe that bitcoin is still at the early stage and won't to wait much longer before they start their bitcoin accumulations; that is why he referred to those forum members as not even holding bitcoin or even having the intention to start holding now.

The price of bitcoin, along with the market cap, should already tell how and where bitcoin has reached, as well as the number of cryptocurrency assets based on adoption and market capitalisation.

[Issa56]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

Bitcoin current price cant be compared to its price 10 years ago, but that doesn’t mean bitcoin isn’t going to increase more. The only reason why I just think people do say it’s still early to invest in bitcoin is that they believe bitcoin price is still going to go higher than this which I really agree with that. If you invest in bitcoin now, and you can hold for years, you going to realize that you bought when the price was still cheaper.

Some newbies do end up getting discouraged to invest in bitcoin just because of bitcoin price, they always think bitcoin price is already high, and they won’t be able to make much profits if they hold, so people like this should change their mentality, and have it in mind that it’s still early for them to invest, if they buy and hold, they going to be in massive profits in future if properly protected.

[Miles2006]

The word early used in relation to bitcoin generally might be mistaking as to when bitcoin was created, there’s still more about bitcoin growth we’ve not yet seen and for those who are newly adopters usually see the price range as a major disappointment, while the word early is used it doesn’t mean bitcoin is an early investment or should not be considered as a well structured investment. The word early in my understanding is all about newly adopters, definitely we all know bitcoin price is not decreasing to a certain price range anymore so what level of early in relation to the price are we talking about? I always think of newly adopters when bitcoin is referred as an “early”investment choice though the common saying about being partaker of bitcoin investment now not minding the time and price compared to those who don’t have the knowledge of bitcoin yet.