Post
Topic
Board Altcoin Discussion
Re: Am I late to the party?
by
Arcanefist
on 27/09/2018, 12:43:02 UTC
I feel so late to the party. Coins now are very expensive, like $5800 for Bitcoin and $345 for Ethereum... then $5 - $30 for other coins. I take a look at the blockchain explorers and see big holders of coins, for example some people have 1000+ bitcoin, a lot of people have 500,000+ ethereum. These people got the coins when they were 1 penny each, now I have to pay $500 for the same coin?

Why are the coins so expensive today? Can I go back in time and get them cheaper?

Even if I put in a lot of my money, I only get a fraction of what people were able to get 1 year ago. 1 year ago people got coins for 1 penny and stashed 100,000 coins for $1000, now I have to pay $1000 just for 1 coin?!? I feel so ripped off!

Also I knew about Bitcoin when it was $30, and I knew about Ethereum when it was $7! I was alive in these time periods and was looking online and reading about these things but it all flew by!

Am I too late to the party? Is it a good time to get buy today or should I find a way to time travel back in time?

My frustration is BIG.

Long term investments could save you and even cover the losses, but you need to understand the market and avoid hodling in any cost, because it is the most unreliable strategy, which works extremely rare. However, if you have enough money, think about investing XRP or ETH.