Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
JayJuanGee
on 19/01/2025, 00:21:24 UTC
Not too late at all, $200k is a probable target on 2025 or 26

I am glad that you are so bullish.

 Cheesy Cheesy Cheesy Cheesy

I have a wallet which I thought was empty for months. I just recently logged in to that wallet and find out that it has still some Bitcoins. Those Bitcoins came into wallet in early part of 2024 when price of Bitcoin was around 60 to 70k. I asked Chatgpt to tell me how much I have gained and to my delight the gain is 40% (as per chatgpt calculations). A gain of 40% in less then a year is too good. I know we can easily see such gain from CMC and other websites but experiencing this in real life has it's own Aroma.  
Anyone who still has an interest in buying a Bitcoin, it's never too late, because the Bitcoin market never stays in one place, but the only people that can have the mind to purchase the Bitcoin now are those that have huge amounts of money and are already experts in the Bitcoin, not those that just started newly, who never had any experience with the Bitcoin investment.

Throughout last year, when the Bitcoin was still in a low amount of money, $60 to $70, those that purchased the Bitcoin during that time are the ones to enjoy how the market is going on currently, because I know some people didn't sell their own first time the Bitcoin hits the $100k, and now that it is over the $100k, it is not small profits they can pack if the Bitcoin later hits the $200k.

Yep.. a lot of dumb poor people are going to continue to be left out of BTC because they are going to continue to conjecture that it is too late to get started, so they will have to end up joining later...or just continue having fun staying poor.

Bitcoin no give no shits whether you poor or rich.  As long as you have discretionary income, you can invest into bitcoin. Yeah, it takes a long-ass time to build an investment portfolio, whether bitcoin or anything else, yet no one is going to be better off by waiting to get into bitcoin rather than getting started..

So yeah, if you don't have any bitcoin you better get the fuck started, and even if you have some and you are early days to bitcoin and in your early stages of BTC accumulation, you better continue buying and stop fucking around with waiting strategies, since that does not work, especially if you are still in your early BTC accumulation stages, you need to continue to buy BTC as much as you can without recking yourself.

It does not matter if you happen to be poor, just do what you can, whether that is $100 per week, $10 per week or some other amount that works for you and that you can stock away for 4-10 years or longer and hopefully continue to buy bitcoin until you get enough or you get more than enough BTC, which yeah, it could take way more than 10 years for some folks to get to such a status of having more than enough, especially if they have low levels of discretionary income.

~Snip
No need to regret it when you see the price of Bitcoin that is getting higher because you can immediately buy it when you have some money that you can use for it. And now you or anyone else is also not too late to continue making purchases on Bitcoin with their own money because from several cycles that I have seen, Bitcoin always increases by making a new ATH after a price correction in the market. So you don't need to have regrets about the price of Bitcoin because when someone can afford to buy the best asset like Bitcoin, they should be proud even though the amount may not be much because it depends on the level of each person's ability.
In other words, don't regret the past, but regret the future if you don't dare to buy bitcoin today.
But however, each of them will definitely consider many things before investing, especially if they really know how bitcoin performs between two different cycles. The current entry point is too high for most people, but there will always be people who don't care what the price is because they just want to buy and hold it for the long term.

There is a good strategy to buy bitcoin now and that is when bitcoin is experiencing a correction. Buy dips and hold, then accumulate over time so that the portfolio gets stronger. No one is forcing them to invest now or later, it is their own decision and they are responsible for their decisions.

I doubt that buying dips is a good strategy for beginners, since it seems that beginners need to just continue to buy for one or two cycles.. and then maybe somewhere down the road they might have some luxury to change their strategy over to buying dips, but hey whatever, like you said, each person is responsible for his own decisions to act, or not act or even the various ways that they might deploy their acts in regards to how the accumulate their bitcoin through DCA, lump sum and/or buying dips. DCA tends to be the most versatile, yet if gays have lump sum available, then they may have more options within their lump sum (including DCA and buying dips) to the extent that they don't just decide to deploy all of the lump sum at one time.