Post
Topic
Board Trading Discussion
Re: Too late to start?
by
Oilacris
on 25/06/2023, 20:44:47 UTC
Hi!

I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?

Thanks in advance!
You have heard about Bitcoin in 2017 i think it is not too late. Even now who are knowing about bitcoin it also too late i couldn’t think that. I think where bitcoin price will go that's we Couldn't imagine. Like in 2009/2010 many people couldn’t imagine bitcoin price will hit $30k or ATH $69k. And when mining will end then bitcoin price will go moon. I think then bitcoin buy will be impossible for us. So i think if you bought from 2017 then Bitcoin price was very low. And if you also bought now that’s will also big asset for you. And you will be profitable in future. If you bought 1Btc your life will be seattle. In future bitcoin price will hit $100k+ there has no doubt it is my own analysis. Thankyou.

Something that you really needed to figure out in yourself,

If you have that sentiment about Bitcoin then go for it, not too late as the value is still far from the last ATH,
take time to backtrack all the details and all those factors that make a certain movement.

with that knowledge upon, you'll be able to decide by yourself if it's still a good time for you to buy and hold
or better to wait a little to place a much better entry.

It's true that it's better to do your own research so you know what to decide,
occasionally pay attention to other people's suggestions but don't make it the basis for making your decisions,
in the end after going through the process I think you will know whether this is still a good time to buy or not.

Use other's opinion to weight your decision but not to blindly follow anything,

It's you who needs to work on your investment, from sorting to picking the project that you will invest
those are very important matter. With the setup, there's no one to blame your money, your obligation to
protect from any form of scam projects. In terms of late or not, I like to agree that after doing your research
and study it's you to decide and answer it.
We do have our own will
We do have our own awareness
We do have our own common sense

You are the ones who would really be assessing on the situation on which if you do see that it is still worth to get in then do it. Dont hear out others opinions because
this market does have lots of opportunity on which you could be able to enter in. Just be mindful about the right timing though because getting yourself get caught on the dump
will definitely be ending you up on being a holder.

If you do go for long term then this wont really be an issue but if you do make out some short trades then it would be that wise that you should really be
that careful on making decisions because if not then that would really be hard.