Post
Topic
Board Bitcoin Discussion
Re: I think it's too late to invest in Bitcoin now..
by
DabsPoorVersion
on 25/12/2023, 03:48:49 UTC
I was born in 2004. A few days ago, I happened to know about bitcoin. In fact, the concept of cryptocurrency existed even before bitcoin came out. But now bitcoin has become the king of cryptocurrency. Which means investing in cryptocurrency is no longer an early investor. Now I can't buy even 0.1 bitcoins for $100, but in the past someone bought a few hundred bitcoins for $100. This makes me very hopeless. In the past, when bitcoin was $1,100x means a hundred dollars for bitcoin, but it's hard to imagine a 100x from current price. it's very depressing because I think it's too late to invest in a great invention that comes out maybe once in a thousand years.

It was better investment in terms of ROI before, but it also was more risky.

Maybe you wouldn't have invested a considerable amount of money into Bitcoin back then, because no one knew what would happen with it.

It is still not that mainstream, and people still continue to talk it down, so it might be possible to have a good investment with Bitcoin.

The thing is that now it is less risky, Bitcoin is not going anywhere. That means less ROI.
A lot of us here have realized that if we had invested in Bitcoin at an earlier stage, we would have made a lot of profit. However, we didn't consider investing at that time because no one knew that Bitcoin would reach such high levels. Only the early investors who took the risk of investing believed in Bitcoin from the very beginning, when it was first launched.

To OP, it's never too late to invest in Bitcoin. While you may not be able to invest $100 for 0.1 BTC today, you can still make a profit if you invest in Bitcoin and sell it when it reaches a new all-time high.