Bitcoin is a lifetime opportunity. Those who are waiting or still have doubts today about whether to hold Bitcoin or not will realize that they have missed an opportunity of a lifetime. Not only to make money, but also to be at the forefront of a decentralized economic structure. The price of Bitcoin will increase or decrease in the market, which is the case with any investment. However, in weak hands, they will lose these things. If we take less, how safe is it really? If we look at small, medium and experienced investors, we will see that they have made small investments and got real value at the right time.
Yeah, Bitcoin really is a generational opportunity like you said, not just for profit, but for being part of something bigger than the current system.
But like Jayjuangee said, it is not over for those who are just waking up to it now, there’re still opportunities to catch up with..
Yes, the early movers maybe big in it already.. But I believe the key is to stop waiting for the so call perfect time. The important thing is starting.
Waiting for a right time is not an option. Sometimes when I see people complain about bitcoin price hike and how they're waiting for dips to reinvest in bitcoin I almost wonder how they intend to do that. Come to think of it, some, bitcoin came into existence 16 years ago and I can bet that some people who were not born then now invest in bitcoin. Likewise years to come, some unborn investors are still hoping to join bitcoin and what would they have to do with the past dips? What matters now is starting. The earlier the better because the price you buy today may never resurface anytime soon.
Another factor I believe causes delays in bitcoin investment by waiting for dips is lump-sum investment strategy. People who invest by lump-sum are more prone to waiting for dips before investing. This is why I personally prefer and encourage investment by DCA. DCA approach allows you invest minimally and bearably without stress. Also, DCA approach allows you to ignore the bitcoin price while focusing more on injecting your fiat DCA allocation into bitcoin. Here, the emphasis is on your DCA allocation (percentage of your Discretionary income for investment) and not the bitcoin market price (checking the amount of bitcoin a given lump-sum could acquire).
Dips are good for additional buys in the event of any unannounced income or extra rights for aggressive buys. Newbies have to learn rightly before thinking of aggressive buys.