Post
Topic
Board Bitcoin Discussion
Re: Am I too late to begin thinking of investing in Bitcoin?
by
Huppercase
on 19/01/2025, 20:49:21 UTC
Good day to everyone on this Bitcoin platform.
I've only come to know about Bitcoin now, and from the things I have heard about Bitcoin I was thinking of trying to invest but on a second thought a part of me seems I have come to know about this too late.
I really do not mind purchasing a little fraction of it and holding for a long time but like I said I still feel like am here too late and that Bitcoin has reached a level where only those who are well to do enough can indulge in it's trade.

Is my being aware of Bitcoin now too late or do I still have a chance?


What you are going to earn from Bitcoin right now is dependent of two things. Your investment and the time you have to spend on crypto space. If you have a reasonable anoint of money to invest in Bitcoin, you can still make money from Bitcoin but if you have a small amount of money to invest, you will only make small profits because Bitcoin isn't in that era where you can make big profits anymore, you actually need money now to make more from Bitcoin.

However, if you have cash flow of money time to time, you can leverage on that to buy more Bitcoin when the price goes lower or anything you see a sharp decline in the Bitcoin market, it does this time to time anytime there FUD in the market. Another one can be trading, you can trade Bitcoin and makes more money till you are satisfied but this comes with a cost, that's your time, the knowledge you will have to acquire before trading and also patience. It's not easy to make money from trading.