One thing for certain is that Bitcoin will have a NEXT PEAK, and after that NewATH is reached, a deep correction of -80%-90% in price will occur as a gift from Bitcoin to us to accumulate more [based on previous Data's Bitcoin has given us as clues on price correction]
Honestly, while I'm expecting the exact same thing, Bitcoin has surprised us so many times I personally wouldn't put all my trust in it like that. It could very well surprise us and move completely different this time compared to the last few 4-year cycles.The ones like me who found out about Bitcoin after the most precious gift given from Bitcoin before the current Bull Market's Peak, was back in March 12-13, when Bitcoin was sitting at a price area of 3.8K-4K [which is quite some money for third-world countries but not so much for other developed countries]
Now it seems like Bitcoin will never again fall below 10K area, and that's why the term 'I'm too Late' pops-up.
You're not late for the price either imo. Bitcoin has appeared only a decade ago. It's like Gold had been discovered a decade ago. You're very early, may I say. The adoption % and market immaturity speaks strong words. Now it seems like Bitcoin will never again fall below 10K area, and that's why the term 'I'm too Late' pops-up.
How much I wish I was blessed to found out about Bitcoin at least on the 2017 ATH so I could've followed it's price movements and buy at bear market's phase.
Just think about it: I've spent my Bitcoins when 1 BTC was less than $180, thinking it'll go down to zero. Each of us learns from their mistakes and we don't always have that much luck.Most of the OG Bitcoiners have sold when Bitcoin wasn't even $100. Think of mining a coin that's worth nothing and then, suddenly, the price bumps from nothing to $10. Nobody ever thought at the time that $10k is realistic. $1M sounds more than insane today, but if history repeats, it's not. And if that happens, most people'd probably cash out earlier leaving only few hodlers for the big prize.
- I agree with everything U say expect something and I find it mindblowing coming from an early Bitcoin founder like U
I've spent my Bitcoins when 1 BTC was less than $180
Most of the OG Bitcoiners have sold when Bitcoin wasn't even $100. Think of mining a coin that's worth nothing and then, suddenly, the price bumps from nothing to $10. Nobody ever thought at the time that $10k is realistic. $1M sounds more than insane today, but if history repeats, it's not. And if that happens, most people'd probably cash out earlier leaving only few hodlers for the big prize.
- this is partially true... but if an OG Bitcoiner saw a worthless new upcoming technology go from 0-10 or from 10$ to 100$, in that position I would've sold also, but with a goal to accumulate more or the same amount I had before selling, on buying lower rather than staying off from Bitcoin.. this mindset ofcourse comes from someone who's not just an OG-Bitcoiner but a believer in it in the sense that will have a bright future in price speculation means as a currency for transaction world-wide.. like we say today that Bitcoin will reach 50k-100k-250k and more of these prediction in the next decade.
However, I know I'm not late bro, we are still in early adoption. Just the price is what bugs me out and drives me nuts..
After all, I have to thank you for you comment, I truly appreciate it.. and Bitcointalk.org has been quite a help for my mental health, since I was in a semi-depressive state before. This is a great community and I'm so thankful I found out about it
Take care and I wish all the best for U Kevin