Some people will think it is too late to buy bitcoin. It is not too late because just 6.8% among the people in the world have both cryptocurrencies. I do not say bitcoin but cryptocurrencies.
As of 2024, we estimated global cryptocurrency ownership at an average of 6.8%, with over 560 million crypto owners worldwide.
https://www.triple-a.io/cryptocurrency-ownership-dataIs it too late to buy bitcoin? No. Bitcoin is like gold. Still it is not too late to buy bitcoin now because its value continue to increase after a very long time.
It is never too late to buy bitcoin. Although the price is currently very high, bitcoin has a good future and still offers the potential for great profits in the long term. It all depends on each person's perspective on the development of bitcoin. And I am sure that many people believe in blockchain technology and the potential for greater adoption of bitcoin in the future, so that the price can continue to grow and now is still the best time to invest. Moreover, now there is increasing institutional interest and the possibility of clearer regulations in various countries.
First of all, it's okay and not too late to buy btc now, because bitcoin is a future asset. However, you need to understand a few things. Don't expect short-term profits, because no one knows what will happen next. Maybe when we buy it, the price is trending up, but in the long term it is still profitable.
Next, of course, don't use borrowed money even though btc is a future asset, but bitcoin is very volatile and debt is still debt that needs to be paid. Another risk is that waiting for the price to go up again can take months. This will stress you out because of debt later.
This is the last one, it's like the saying goes, time is gold. So in investing, if you don't use your time well, you will regret it later. In addition, as you said, many people and communities believe in blockchain technology and the potential for bitcoin adoption in the future will be even greater.