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.
When bitcoin touches $200k, $2 million and/or even $20 million and higher, anyone who happens to be a no coiner or a low coiner at that time, has no choice, except to buy bitcoin in order to prepare for up and to save their value in something that holds or appreciates in value... otherwise they are not prepared for up... so yeah, it is too bad if they had not actually prepared earlier.. but that is likely the way that we are going to continue to go in regards to bitcoin.. with the low coiners and no coiners continuing to have to buy at higher and higher prices in order to change their status into being an actual coiner, which it likely where many folks are going to need/want to be, at some point, sooner or later, especially if they want to build and/or preserve wealth rather than having to always be working to get money and their savings not sufficiently holding value.
This leads to me asking this question, do you ever thing bitcoin can rise so high that it will hit $20m in the future, whats the guarantee and how can one be so confident that bitcoin will not loose before it rise so high? i also have this believe as a matter of time, bitcoin will soon get a competitor that can be able to compete with it which can give people an alternative to go for the coin instead. just like the bitcoin became an alternative to the fiat. the fiat was what we knew for ages before the coming of bitcoin, I am scared a time will come bitcoin will lose its value once it has a very strong competitor.
i know what I'm saying is not what will happen now or in the nearest future (maybe after the people of our era cease to exist, I don't know) but there will come a time when bitcoin will no longer be relevant or so highly valued, are experts already looking at that future and what are the alternatives?
Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.
What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.
Have you bought it? You should have done so during previous downturns.
Price fluctuations will always occur at any time, even if you wonder whether it is too late to buy Bitcoin.
I dare say no, there is no such thing as too late, even if the price has reached a record high. In fact, this should motivate you to continue increasing your Bitcoin holdings, remain consistent, and stick to the principle of buying regardless of the situation and price. Because you are not a trader who buys when prices are low and sells when prices rise, as is happening now. Your primary focus is the long term, so as long as your discretionary income is available, there is no reason to stop buying.
There is no such thing as being late in buying Bitcoin, no matter what the price is, maintaining consistency and seeing every moment as an opportunity, this is the identity of a responsible investor. You should never think about selling but always about accumulating, no matter whether the price goes up or down a lot, you should follow your DCA and keep buying consistently. A real investor never watches the market situation, rather he keeps investing consistently in a disciplined manner. So the main thing is to hold on, if you have the ability then you should hold on as long as possible, if you have the ability or the convenience you should never keep yourself away from holding Bitcoin, because it will not give you anything significant in the short term or in cash, but it is definitely capable of creating a big financial foundation for you in the future. And it can bring you a level of success in the future that you may never expect, so there is a very extraordinary potential for success in the future, so it would never be wise to miss out on this potential, Bitcoin is the most successful investment compared to all other types of investments and it is certainly less risky in the long run, so if you can afford it, you should definitely holding Bitcoin.
This is true... It is not over until it is over. Nothing is impossible and anything can happen at anytime so it is never too late to take decisions about investing in bitcoin because there's no better time than now. Bitcoin as a digital currency has provided us an opportunity, it is now left for you and me to take advantage of that opportunity or let it sleep off our sleeves. Procrastination is one factor which have placed people at a disadvantage, some which are even lifetime. So it doesn't matter whatever the worth of bitcoin, just buy and keep it and avoid settling for a low coiner or no-coiner, try as much to invest and take it a priority to do so. Many people have challenge in investing because they do not place a priority to investing. They see it as a thing of option but investing in your future is as important as your presence particularly in an unbalanced economy and volatile foreign exchange market.