Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Who says it's too late to buy Bitcoin?
by
Abiky
on 22/02/2025, 00:20:22 UTC
⭐ Merited by JayJuanGee (1)
Yes, that's the way of people with minimal knowledge about Bitcoin, they think all coins are the same, why buy expensive ones, many cheap coins are affordable. It could be that they are just fixated on or believe in influencers and trends that are being talked about by many people on certain coins and can reap big profits, it could be that these people get carried away with the fomo and buy these rubbish coins, with the illusion in their minds that having more coins gives them the potential for bigger profits.

It's best to throw away illusions like this, wanting to get rich in a short time, if your knowledge is still very minimal, even experienced people won't necessarily have the courage to buy these rubbish coins which have no fundamentals at all. It's best to invest your money in coins that have lasted a long time and have good fundamentals, such as Bitcoin, so that your money isn't wasted.

I think it's never too late to buy bitcoin, the current price for most people is quite expensive but not for me. By buying it regularly, of course we will get the average price of our investment and we will enjoy the results in the next 5 or 10 years. Not only that, Bitcoin can be an inheritance for your beloved children.

Bitcoin may look like "expensive", but in reality, it's not. You can buy fractions of a Bitcoin (satoshis) without "breaking the bank". Most people get into Bitcoin with the hopes of getting rich, though. Not because they believe in it. It's never late to buy some BTC, especially when prices are bound to increase over time. That's thanks to the way Bitcoin was designed (deflationary). So even if CBDCs rule the world in the future, you won't be missing all of the "fun" when it comes to investing in Bitcoin.

For those unaware, Bitcoin represents freedom. Owning any amount will allow you to "escape" from the "evil" clutches of central banks and governments alike. Just keep that in mind, and nothing should stand in your way. Cheesy