perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.
First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about, even though Bitcoin price touches down to $200k as you said those that couldn't by then may still want to buy because they now understand better that what they are actually looking at is not the immediate price rather it is the future that matters, at any point in time, anyone can actually invest, if those that couldn't invest at a low price keep giving themselves excuses, them just know that they weren't actually ready to invest but as for someone that has learnt his or her lesson I think there's nothing anyone will tell him to deter him from investing in Bitcoin even when the price is high.