Quote from: Best-mary on November 02, 2023, 05:12:01 PM

Quote from: kyc040202 on November 02, 2023, 04:47:48 PM

I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in Bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of Bitcoin now feels too much to buy. If it's the price of the early 2010s, I might have bought it through a part-time job.

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry

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

Bitcoin made a huge ATH at that time which was $68k but now the price of Bitcoin is below $38k again so I don't think op investing in Bitcoin now is a late investment. Because there is still time to generate a potential profit by investing in Bitcoin Bitcoin will make ATH again and it should be above $68K. So if you invest now you will get good profit at that time. But yes it is always better to use DCA method to minimize losses. It minimizes losses as well as increases the chances of high profit