Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Is buying bitcoin too late?
by
Lidger
on 20/02/2025, 09:48:11 UTC
⭐ Merited by Platinumys (2)
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-data

Is 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.
Seeing the fact that the price of Bitcoin has gone from around $50K to currently hovering around $100K, many investors may feel that it is too late to invest in Bitcoin and that buying Bitcoin at this current price may result in huge losses. For those who are thinking such thoughts, I would say that the price of Bitcoin has slowly moved upwards and Bitcoin itself has broken its own records. Now the market is at the level from this level but the market can go higher.

 Let's say that the price of Bitcoin was 70K dollars at that time, but the highest price was still there, but many investors invested at that time. Those who invested at that time have now got a good amount of profit but those who thought like the present time those who thought that investing in Bitcoin at that time was not a good decision for them but now they are regretting it. So if you have the ability, I think this investment opportunity should not be missed.
Investors can continue to invest in small amounts if the risk is perceived to be high.