There is really no such thing as being too late when it comes to Bitcoin it is more about mindset than timing. some people get stuck waiting for the perfect” entry point not realizing that time in the market beats timing, The truth is Bitcoin has proven itself over and over again and what matters most is understanding the long-term potential, not just short-term price movements. Any one who has truly learned from past regrets wont keep hesitating whether Bitcoin is $200k or $300k, they we act because it see the bigger picture. so is not about catching the bottom its about getting in and staying committed.
No one includes senior Bitcoin investors can time the market accurately. This task of timing the market is more challenging and also very impossible for newbies in this market. People can be too confident about their ability and it's up to them in thinking and deciding what to do, but the market in years shows that "Timing the market" is very hard and most people failed.
I don't consider it is a smart idea and approach to try "timing the market" by yourself, just because you believe in yourself. Don't try to outsmart the market, and it's better to learn from the market history, how the majority failed and avoid same mistakes. I am surely "Timing the market" is one of biggest faults in the market.
Timing the market is not for investor is for traders as an investor you have no business with trying to time the Bitcoin market, Bitcoin investors accumulate and hold for long term and Bitcoin traders accumulate and hold for very short term so because of there very short term of accumulating and selling attitude they delicate there time to monitor and time the market, they buy when the price is low and sell when the price is high.
If you are an investor you have no business doing all this, all you have to do is to accumulate and then hold it for 5, 10 or 20 years depending on what you want, if you are a newbie who wants to go into Bitcoin investment as an investor, all you need to know is the basic things about Bitcoin and then you start, someone asked me some time ago that what are those basic things she needs to know before starting and I told her.
1. What Bitcoin is.
2. How to get your person Bitcoin wallet
3. How to buy and hold.
This are the 3 basic things you need to know before starting any other thing will be learnt as time goes on or as you continue your accumulation journey.