Post
Topic
Board Bitcoin Discussion
Re: Is It Late To Invest In Bitcoin?
by
EL MOHA
on 02/11/2023, 20:59:16 UTC
You're not late. If you wish to invest in Bitcoin, you can do that when BTC hype has reduced a little. Don't let anyone deceive you. BTC for me is still early in the economy sector and if you wish to own some units you could still make it in the long run. All you need do is either use Dual Investment to catch up with all lows or use DCA

I would simply say don’t wait for the dip or any correction you might be wasting time. The early opportunity of getting bitcoin when it was less than $5000 has gone by and we are face with the possibility that a price less than $20000 isn’t coming any soon, also the possibility of it also dumping a little bit is not visible, it is just speculation so my advice is once you have Money don’t wait for the dip just go straight to invest using DCA method.

The price at $34000 still seems small tip me considering the fact that we still have more than 100 years left to even mine it all. With every halving looking to make the current ATH go up to like 2x or more, in the next 10 years one might have good 10x increase with alt least 2 halving periods in those years. So this current price still is ok to start buying and not waiting for the dump.