Post
Topic
Board Bitcoin Discussion
Re: Is it too advanced to get into Bitcoin now?
by
kawetsriyanto
on 23/02/2024, 20:11:02 UTC
This is not something new, even when Bitcoin touched 100$ people start saying that it's now too late to buy Bitcoin. Today Bitcoin is at 50k and this looks a very high price but we don't know what price Bitcoin will take in coming one or two years. From here Bitcoin might go to 100k or back to 20k, nothing is guaranteed. If you are a long term investor then its never too late to enter into Bitcoin that's what we have learned from Bitcoin price history i.e. price has gone up with time.
Agree. Some people will be always saying that, they are late to buy Bitcoin and they regret it now. They know Bitcoin still has a chance to grow higher but they are afraid to buy now. I sometimes feel confused about these people, they want to take profits but they don't want to take the risks. They want to get profits as many as possible but they don't want to buy soon. Well, it is very annoying to see this type of people, they are always complaining about the situation.

Yep. The current price is still about $50k - $51k, it is a bit decreasing from the highest price yesterday ($52k). I think it is not a very expensive price because it is predicted to reach $100k. If people really want to take profits in Bitcoin asset, it is not very late to buy now. There is still a big gap between $100k and $50k. If $100k is a too high target, people can set a target at $70k - $80k. I think it is not hard to reach that target in the current bullrun season.