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.

[M47AK16]

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 guess these people are looking at a bigger picture here. They are not expecting bigger profits within a few years but decades maybe which might still make this as an early time. We know the potential bitcoin carries so there is no limit on the upside growth. Price might never stop growing which is only going to make us gain profits. I would not be among those people because I used to consider times before 2017 as early days because of the price levels.

Bitcoin era has already started now and the development continues. This is no longer the early stage but something where mass population can adopt bitcoins fuelling the growth.

[Odusko]

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

I guess these people are looking at a bigger picture here. They are not expecting bigger profits within a few years but decades, maybe, which might still make this an early time. We know the potential Bitcoin carries, so there is no limit on the upside growth. Price might never stop growing, which is only going to make us gain profits. I would not be among those people because I used to consider times before 2017 as early days because of the price levels.

Bitcoin era has already started now, and the development continues. This is no longer the early stage but something where the mass population can adopt Bitcoin, fuelling the growth.

Such statements come from the newbies who just began their Bitcoin journey, because for someone for have been around since the past 4-9 year's in the industry you will know that the entire Bitcoin ecosystem have undergone alot of growth and changes that make such statement void, judging from Bitcoin market Cap which place the liquidity processing, which place Bitcoin as the top among digital assets, this basically make us realize that we are far gone from being early since Bitcoin is now witnessing alot of massive institutional adoption and government presence, which shows Bitcoin's strong standing as a decentralised asset class.

[Nanga Parbat]

You are free to think what ever you like, because everyone is entitled to their own opinion. I may agree with you that those that wishes to invest in Bitcoin and be expecting huge returns in one or two circles may not get as much as those that came into it ten years ago, but have you thought of 50yrs time from now?
That's definitely a long time, and most people may not live up to that number, but with how adoption rate is still pretty low, I believe that if the adoption rate can go as high as 40% in the total world population, this current price will look like a steal, because Bitcoin can go as high as a million dollars or more if something like that eventually happens, so we are still pretty early, if you don't mind.

In the past, Bitcoin delivered drastically and gave enough profit. Now people are still looking for these days, which are not possible because recent few changes bring good stability, and it's not possible to have profit with 2x or 3x because now it's sitting on a good level from where movement is not easy like this, and it's not even going to be possible after ten years. The price will surely be on another level, like currently we have, but sentiments could be on a completely different level.

Adoption is surely going to increase, and realistically I am also sure about it also going to touch $1 million because it has had enough potential and enough worth, but it's going to take enough time due to many reasons that are holding it at the current price level. We are surely in early days because 19 years are still not good enough, but a few more years mean it's all going to be a game changer.

[Stable090]

Bitcoin might be in an existence for years but there is still a great potentials in Bitcoin in years coming that's why people still believe that getting started now investing in Bitcoin is still early despite the price gradually increasing high

Everyone saying bitcoin price is still early knows that there is already increase in bitcoin price, bitcoin current price cant be compared with it’s price 10 years ago, but the main reason why people still keep on saying bitcoin price is high is because we all expect bitcoin price to go higher in coming years, and the price which bitcoin is going to hit might surprise us, maybe that’s when we going to realize that bitcoin price is still low right now.