We might not be "early" in bitcoin anymore

[Tonimez]

For me, it may not be too early to get into bitcoin but it's not also late to start buying bitcoin. Being an asset with a limited supply, it's still as possible to rise in many folds in the future. Yes bitcoin has gone many thousands increase since it's creation, but there has been a lot of speculation about bitcoin getting to the $1M margin not today but in the future. If that happens, I believe that whoever joins bitcoin today will still be happy he did.

It's not too late to buy bitcoin as long as you're buying for a long term because that's when you will be ablyto experience the full potential of bitcoin and should the price not reach $1M before the last bitcoin is mined, when it all gets to the HODLers hand, the the price will be forced to go beyond $1M. Since we always hope for a new ATH, then we can always buy bitcoin continuously.

[Olatundespo]

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 is in a relatively strong position to compete with real assets. Considering the progress it has made in terms of value growth in just 15 years since its inception, it makes sense that Bitcoin is still in its early stages. People are investing in Bitcoin as an alternative to gold, and the number of new investors is increasing. Although gold has been a valuable asset for thousands of years, I can't compare it to Bitcoin, but I see many investors choosing Bitcoin for investment. As a digital asset, Bitcoin has reached this stage, which is certainly a great achievement, and in the future, the value of this asset will increase more than expected and surpass the market cap of other valuable real assets. Considering these factors, I think Bitcoin is still in its early stages.

[Smack That Ace]

But on a general term or comparison, I think we could actually be on the late side considering how far it has gone, though, I still believe we still have a long way to go.

Still have a long way to go, but I think with a couple more halving,s then we'd see that the volatility will be not that much anymore. Just as what we're seeing this year, it's different from the past cycles that we've seen. I used to say to my friends that we're not yet late but, I guess that we're on that point already that somehow whoever invests above $100k is already considered late because for them to 10x, it's going to take a while and bitcoin needs to reach $1M with that goal. Unlike with the early investors, a couple of hundreds then it had return more than 10x since then in the past years.

It's never too late to buy Bitcoin if the goal is long term accumulation, preserving wealth or growing it. But yeah, it's too late if the goal is becoming a millionaire off a small bag, or chasing 100x or 1000x like the early OGs did.

BTC could still hit $1M, but from today's price, that's only a 10x. And it could take decades to get there, not just the next one or two  bull cycles.  I wonder how many  folks can actually HODL until then to take profit, heh.

Just because an asset still has  room to run doesn't  mean it's still in its early days.

[Finebone]

BTC could still hit $1M, but from today's price, that's only a 10x. And it could take decades to get there, not just the next one or two  bull cycles.  I wonder how many  folks can actually HODL until then to take profit, heh.

Just because an asset still has  room to run doesn't  mean it's still in its early days.

Bitcoin is nowhere near it peak price, so their is still a lot of room for growth.
 I agree with you that it cannot give investors the type of profit it gave the OG's, like 50-100x, but it can still make those that invested and accumulate a huge stash of it a millionaire if they can hold for a very long time. We tend to talk about Bitcoin getting to $1million as if that figure is it peak price, but I believe that it can still go further if more investors comes into it later in the future, because as it stands, those that invested into it is not even up to 10% of the world total population, so it's still very far from it peak price.

[Promocodeudo]

For me, it may not be too early to get into bitcoin but it's not also late to start buying bitcoin. Being an asset with a limited supply, it's still as possible to rise in many folds in the future. Yes bitcoin has gone many thousands increase since it's creation, but there has been a lot of speculation about bitcoin getting to the $1M margin not today but in the future. If that happens, I believe that whoever joins bitcoin today will still be happy he did.

It's not too late to buy bitcoin as long as you're buying for a long term because that's when you will be ablyto experience the full potential of bitcoin and should the price not reach $1M before the last bitcoin is mined, when it all gets to the HODLers hand, the the price will be forced to go beyond $1M. Since we always hope for a new ATH, then we can always buy bitcoin continuously.

So what do we tell those who never had what it takes to invest back then, but are now investing, personally I will say that whenever an individual has capital to invest in Bitcoin, is his own time, he is neither late or early and if we must know, the highest the price of Bitcoin has touched is $126k, what this has to tell us is that, Bitcoin still have a long way to go as a futuristic asset, so it is better we don't confuse ourselves with this mindset of being early or late, I will always want skeptical minds to look back on the history of Bitcoin, where it started, perhaps such reminder might help reposition their mindset in understand that Bitcoin has not reach anywhere yet in terms  of price, the best decision any investor can do for themselves is to invest as much as they can, and don't give room for any distractions.

[Texac]

Bitcoin is nowhere near it peak price, so their is still a lot of room for growth.
 I agree with you that it cannot give investors the type of profit it gave the OG's, like 50-100x, but it can still make those that invested and accumulate a huge stash of it a millionaire if they can hold for a very long time.

Yea , BTC still has plenty of room to run, and you can still become a millionaire with it. But to pull that off, you'd need to hold at least 1 BTC. At the current price of $83k, that means putting up $83k right now. And the amount you'd need could be a lot higher in the future as BTC keeps going up. How long do you think it'd take you to stack 1BTC, and how many regular retail investors can actually afford that?

We tend to talk about Bitcoin getting to $1million as if that figure is it peak price, but I believe that it can still go further if more investors comes into it later in the future,

Tbf, we don't even know for sure if BTC can hit $1m. It's all speculation for now, and BTC is only sitting at $83k.

because as it stands, those that invested into it is not even up to 10% of the world total population, so it's still very far from it peak price.

That said, not everyone needs BTC or is gonna invest in it like we do. Plenty of folks knew about Bitcoin even before you and me, and they still haven't put a dime into it.

[YOSHIE]

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.

Maybe in the 2010s Bitcoin era, it is likely that Bitcoin can still be considered an experiment in digital currency, only some of the tech-geek community understands it, but speculation has now experienced major changes towards Bitcoin, We are now in the era of mass adoption, we have passed the "early" phase. This can be seen from several main indicators shifting from phase to mass adoption.

As we see now regarding global regulations, such as the adoption of Bitcoin as the legal/official currency of certain countries, Lightning Network-based technology and so on, It can be speculated that Bitcoin is more than just a retail speculative asset, on that basis it can be said that Bitcoin is no longer in the "early" phase.