Post
Topic
Board Trading Discussion
Re: Is it too late to buy?
by
South Park
on 28/10/2021, 22:45:24 UTC
we are not too late to buy Bitcoin because the price of bitcoin will continue to rise from year to year. Bitcoin has reached $66,878 and now the bitcoin price has dropped to $60,813. we still have the opportunity to get bigger profits in the future, so don't delay buying bitcoin if the price goes up again then we will regret it later.
I agree is it late depends on what time period you watch. Long term now is good chance to buy since the price will move up with time.
If you are thinking about the long term then there is not such a thing as being too late, it is obvious the price of bitcoin is going to be many times higher than what it is right now, however the question is if those that are going to buy bitcoin now have what it is necessary to hold their bitcoin for the long term? And while many think they can do so this is a mistake, after all there were many people that thought the same at the end of 2017 and the majority that bought at that time have sold their coins already.