Post
Topic
Board Bitcoin Discussion
Re: Are new bitcoin users early or late to the party?
by
laurenB7742
on 20/10/2022, 00:09:59 UTC
I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.

I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|

Will btc ever hit a million? Or hundred million?

I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T

It really depends on your perspective. From a historical standpoint, new users are actually quite late to the Bitcoin party – the currency has been around for over eight years now. However, from a more speculative standpoint, new users may still be early to the party as Bitcoin's value could potentially continue to rise in the future. So it really depends on your outlook and investment goals!
No one is late to bitcoin even though most of them think it's too late because they see the bitcoin price at the beginning and what is happening now, of course it becomes a regret (if you look at the financial advantage). But if speaking as a whole it is never too late, it is clear this is an asset created for the future and that future is not just now but beyond.
My advice is not to always look at the profit side of money, but to look wider than that. It would be a shame to only see it from one side.

It is because of the thought that it is too late to invest in bitcoin that most newbies to the market are looking for altcoins to invest in in the hope that there will be an altcoin like bitcoin. But sadly no altcoins can do that and make newbies lose, thus making them lose faith in bitcoin and crypto.

If we compare the current bitcoin price with the early days it is true that bitcoin has increased by thousands of percent but if we look at the era of cryptocurrency, the bitcoin revolution has only just begun and we still have a long way to go. So it must be said that it is still early to invest in bitcoin.