Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.
I will suggest to you that you read several historical threads about people speculating with the price and soon enough you will begin to see a pattern, people thought that getting into bitcoin at 100, 1k or 10k was simply too late and now they are saying the same thing with bitcoin at 55k, do you see the pattern? If you do then invest in bitcoin but only if you are willing to hold your coins for the long term otherwise do not even bother and invest in some other market with whatever money that you have.
that will be a good exercise for him to learn more about the market performance of bitcoin. and see how users react on every price level that bitcoin achieved. and hopefully, he will not ask if he is already too late or not. because by then, he will realised what to do with his funds. because it is him alone that can answer if he is here for long term or for just short profit. it is hard to give advise to people that dont know yet what they are getting into. but one thing i can say, it is never too late to join in this market. it depends on you how you will strategise to optimise your profits here.
When it comes to investment then this would really vary into each person because some do prefer on long term aspect and some would go for shorter ones.You cant really
able to determine if you are late or not if you don't experience on whats happening on the current market.Although when it comes to investment multiplier then theres no doubt that
most of coins are now already on the peak even though it isn't still determined to be like that but its already high compared back into those previous years.