It is not still too late to invest in bitcoin. When the price was $12, some people will say it is too late to invest in bitcoin. When the price was $1000, some people will say it is too late to invest in bitcoin.
But now bitcoin has become the king of cryptocurrency.
Point of corrections, bitcoin did not become the king of crypto. Bitcoin was and is still the king of cryptocurrencies.
nope, you can expect x100 when the price is $10. How can you expect x100 when price is already over 40k?
early investors expected bitcoin to be x100 when it was $1. I think only late investors say it is not late to invest in bitcoin because they hope so.
Nope! People have been saying it's too late to invest in Bitcoin even when it hit $100, or $500. And it still did a x100 after that! I won't try to predict another x100 from here, but x50? x10? Who knows. I'm not missing those potential returns though. Maybe you know an asset with better upside? If so, awesome! But for me I see too much possible growth with bitcoin to stay on the sidelines.
Past performance doesnt guarantee future results of course. Yet crypto has already defied so many predictions, the possibility remains.