Post
Topic
Board Bitcoin Discussion
Re: Am I too late to begin thinking of investing in Bitcoin?
by
Cookdata
on 21/01/2025, 19:12:26 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?


There is no way you will invest money on Bitcoin and you wouldn't make profit, if you hold you will make the profit but the way the value is so big, you need big amount of money to make big profit from Bitcoin. There is nothing bad though if you invest the amount you have but know for sure that what you put is the figure you will get back at this point because I don't know where exactly Bitcoin price will go before you can make fortune right now with small amount.

How about you start gradually, the more you earn money, you can later invest more amount of money later. You can do dollar cost average on the market. If you don't have financial instability, I believe in short period of time, you will be able to accumulate many sats that can give you Bitcoin that can give you reasonable amount of Bitcoin. That's the truth if you want honest answer, there is no sugarcoating here about profits in Bitcoin.