Since bitcoin is not a pump-and-dump coin, it is not too late to invest in bitcoin because if you start investing and accumulating bitcoin now, its value will keep increasing, which will put you in the position of being in a good profit if you can accumulate a reasonable amount of bitcoin.
It’s surprises me when I hear some people saying bitcoin price is already too high, but I will say most people that do make that statement are the once that are new to crypto space, most people that have been in the market for some time will know that bitcoin price is not too high yet, and it’s not late to invest in bitcoin yet. If you check bitcoin history, if you check since when bitcoin price started increasing, then you will know that bitcoin will still grow more, this is not the highest bitcoin can go, so if we are having money, then we should keep on investing.
Yes, newbies that are new to bitcoin investment usually say that it is too late to invest in bitcoin because they believe the bitcoin price is too high for them to start accumulating it, but they fail to understand that as long as bitcoin is concerned and if they are investing in bitcoin for the long term, there are so many opportunities for them to be in profit if they succeed in accumulating the quantity of bitcoin they plan to accumulate since bitcoin keeps on increasing in price. I also believe those who say it is too late to invest in bitcoin are people who are in for short-term profit, and since bitcoin is a little bit high, they believe if they invest in bitcoin now, they will not be able to get a good profit before the bull will be over.
Most reasons why many newbies think it is too late to invest in Bitcoin are because they compare Bitcoin to alternative coins like ETH, BNB, Solana, etc., thinking that one day these alternatives will surpass Bitcoin. However, they are getting it wrong.I am not saying that the price of one of these altcoins cannot increase, but there is no assurance that they will reach Bitcoin's level. All these alternative coins are trying to follow Bitcoin’s price patterns. For example, when Bitcoin drops, the prices of these altcoins drop significantly as well, and when Bitcoin rises, it is usually the time they also rise.
I think this should be enough for newbies to understand that Bitcoin is the best and that it is not too late to invest in it. However, the key factor is how long one can hold onto Bitcoin, as that will determine their success in Bitcoin investment.From observations, Bitcoin carries less risk than any other coin in the crypto industry.