Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin Helped Create Big Changes In Your Life?
by
abel1337
on 27/08/2023, 16:19:46 UTC
I am also late getting started, no big changes yet, but I plan on remaining optimistic during the rough times. People tend to oversell BTC when they should be buying, so the current distress is an opportunity for many others.

I think you did the right thing, even though it's late to invest in btc, of course it doesn't matter, the important thing is that you stay optimistic and now of course you have a good chance because soon there will be a btc halving,
and in my opinion it is better to invest in btc than nothing, so your decision very good friend.

Getting into Bitcoin investments is never too late, imho, as long as you are aware of the risks that come with it.

But you have got a point there. Starting a bit later might not bring big changes immediately, but keeping that optimistic outlook during the tough patches is the way to go.  This bumpy ride could actually be a sweet opportunity for plenty of others to dive in.  I actually started during the 2020/2021 bull run, and I am pretty happy with where we are right now.

Yep, it's never too late but if you plan to earn outrageous amount of profit by investing on bitcoin, it probably won't happen given that bitcoin has grown so much since its introduction to public. You can still make a decent profit on bitcoin despite the price but we should manage our expectation as bitcoin is not a one nighht millionare coin.

I invested on bitcoin in it's early stage but I didn't maxed out the price potential of bitcoin and ended up selling it for a small profit, I don't think long term back then but today, I know that holding a bitcoin will generate me profit in the future.