Post
Topic
Board Bitcoin Discussion
Re: Are There Ways Late Adopters Like Us Can Benefit from Bitcoin?
by
AmoreJaz
on 03/08/2024, 23:17:01 UTC
For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?
You haven’t made any serious gains from bitcoin because you haven’t held it for a long time. If you do, then you should be in profit. Bitcoin isn’t what you will invest, and within a short period of time, you are going to expect a massive profit. Because you aren’t making good profits yet doesn’t mean you are late to bitcoin investment.
 
A few years ago, people who didn’t invest in bitcoin because they thought the price was too high were already regretting why they didn’t invest now, so it’s better you invest so that you won’t also regret it later. The best thing to do is to get a job, invest some of your money in bitcoin, and be ready to hold for a long time if you want a good profit.

As we put it this way, it is not about being late on this market but when is your entry and exit. Your gain is relative to when you will cash out what you bought.