Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Cryptoprincess101
on 30/08/2024, 21:13:25 UTC

Is late to invest in Bitcoin but one can still start now and still make good profit that will surprise everyone, if one can start now and become consistent in accumulation and keeping holding for 10 to 20 years one would have accumulated enough Bitcoin and have succeed.
People should stop saying is late I can't invest anymore, and saying Bitcoin has already grown there's no need to invest in it, some people like investing on something new and then grow with it, but let me tell you Bitcoin has not gotten to half of it's growth level and just few people in the world are investing on Bitcoin that means Bitcoin is still a new investment and still have a long way to go that means if you invest in it now you are still growing with it and if you hold for 20 to 30 years you will be surprised on how big Bitcoin will become so there's still enough time to grow with Bitcoin.
I tend to disagree with you here. It's never too late to invest in Bitcoin. A lot of people said this same sentence 2 to 4 years ago that it was too late to enter into Bitcoin and by then Bitcoin price was around 10k to 12k. Now look at the price of Bitcoin currently, it's going even higher and higher with time. The perfect time to start buying Bitcoin and stop sitting around procrastinating using it too late to justify your ignorance is now. Now is better, tomorrow is better and next year is even better. The answer is to start buying as much as you can afford and expect good news in the next few years.

No amount is too big and no amount is too small to start your investment. A beginner would say he had just 10$ to start, yes start with it. Even a little marble but gathered a lot in one basket would fill it up. Which means starting with 10$ with consistently withing a year one can hold a substantial amount of Bitcoin in his portfolio.
If you know about Bitcoin 10 or 5 years ago and you refuse to invest thinking it won't grow is late but one can still start and make something huge out of Bitcoin.
Before Bitcoin got to this price there were people investing on it, there were people who started investing on Bitcoin when Bitcoin was just $100 and there were people who started when it was also $1k and now is $59k so is late but I said one can still invest and make huge profit because Bitcoin still have a long way to go when it comes to it's growth level and so if one invest now with consistency and patience in holding in the next 10 to 20 years one will be surprised because Bitcoin will grow so big.

You don't expect anyone to trust anything that is just new to them and has not gotten much awareness or recognitions so for those who knew about Bitcoin earlier and didn't invest in it, we can't blame them completely but seeing the growth of Bitcoin since it's invention till now, it will be very bad if someone that is aware of how Bitcoin has developed till this stage and not invest in it even when they are not lacking any financial constraints.
        As we hope to see the price of Bitcoin reaching milestones in the upcoming years, the best decision anyone can take now is to buy and hodl whether you missed out in the past when you had the opportunity to buy at more lesser prices but it is not yet too late to start making accumulations even though we feel the price is high but making consistent accumulations will lead to having huge stash in our portfolio because even though the future of Bitcoin is not certain but we are already seeing some promising movements that will enable us have confidence in it's development.


In as much as Bitcoin is a very nice investment and has proven itself for some years doesn't mean that anyone who has the awareness of it should invest I mean everyone has choice of investment  and there are other investment that are very nice and promising.
Below are the reasons why I think some people don't want to invest in Bitcoin.

1. Lack of understanding: there are people who still see Bitcoin as scam till today reason because they mistake trading ( loss and gain) to Bitcoin investment.
2. Lack of fund: these are people who understands how Bitcoin investment works but because they don't have good source of income that can help them sail through...
3. Lack of interest: there are people who has the fund I mean a good source of income but they are not interested in Bitcoin investment.

Those who don't learn from history are doomed to repeat the mistakes of the past so if someone who had opportunity to buy Bitcoin in the past at a very low price still sees Bitcoin as scam even by this point of it's growth then such a person doesn't really want a liberation in their financial status and maybe derives joy in being stagnant without making positive decisions that can enhance their well-being in the future to come. Except for someone who doesn't have a source of income that can give excuse for not investing but yet so far as they can still get funds to meet up other life obligations they can as well invest in Bitcoin since the DCA strategy gives the ease to invest with certain amount that will not affect your daily needs. It is normal for someone to choose not to get involved in Bitcoin investments but in other words anyone who doesn't have the interest to invest in Bitcoin is as same as people who hate Bitcoin and such people will continue to live in financial bondage because they don't appreciate freedom.