Quote from: Fivestar4everMVP on January 21, 2025, 03:28:19 PM

Quote from: Iamkizito on January 07, 2025, 10:04:44 AM

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?

"you still have a chance" is the simplest answer now, yeah, without beating about the bush, bitcoin have grown so much in price and those who are new here are not wrong to feel that they have already missed the boat, but on the contrary, there is still a lot of room left for bitcoin to grow in price.

The only disadvantage I see right now is that you will have to invest a lot of money to make any reasonable gains when the price moves up or doubles from what it currently is worth..

If you are the type who will want to invest $10 or even $50, or maybe $100 In bitcoin right now and expect to cashout $100,000 from this investment in the coming 3 or 4 years, then think again, better use this money for trading than investing it, because you might end up rather disappointed.

Agreed.
Bitcoin is no magic wand and no alt, it is already so big in cap and on the market that it won't move and make 100x or more in the blink of an eye.
But that's also its strength - it is already established on the market and is the most stable investment out there. If OP is willing to take the fact that the PNL won't be monstrously big, but stable - it is his pick.