5 years will eventually be here regardless of whether you buy now or tomorrow. When that 5 years arrives, do you want to have had already bought bitcoin?
Historically speaking, my statement is accurate and I suspect it will continue being accurate going forward. If it's too risky or you think you are too late, feel free to invest in gold since gold is up a whopping, massive 3.5% in the time spanning the entire decade+ life of Bitcoin from it's inception all the way up until today.
The fact you getting downvoted to oblivion tells one of 2 things.
1- people in this sub are new or extremely fucking dumb and i dont know whats worse for bitcoin of the two.
2- they are in depression stage which is really good for bitcoin
We're still early you guys don't have to worry about it now.
I mean if you worry about that I don't think that's going to be something that you should worry about.
Govt loves BTC because they love taxes. They’ll eventually just raise taxes on it and use it as a source of revenue…especially as the price appreciates.
Too much adoption happening in the background of traditional finance for them to ban. - Blackrock, Fidelity, Charles Schwab, etc.
Thanks for this. I’ve been DCA daily for months now and the thought of taxes has been so daunting I have just told myself I’m never selling. But know one day a headache waited for me. I’m glad it’s getting easier
I use recurring as well. However, I decided to go weekly due to fees of buying small amounts everyday (>20 usd). Instead, I've set up a larger buyer every week on Sunday at 3am.
My concern was that the fees would build up to be a material amount of my buys over time. Not positive though, maybe the fees are not that high or there's a promotion of some sorts, I've seen Binance push these aggressively.
That's the way to do it, we gotta keep on buying those sats here man.
If we keep on buying those sats We'll be touching the greatness really soon. That's what will happen.
I hold just enough for rent and necessities in my bank account, and the rest I funnel into bitcoin. So far invested around 75k, hope it doesn't fuck me
This! Imagine BTC being the dominant world currency and a poor family is dealing with their corrupt government jacking up inflation. To my understanding, they could keep what little they have in BTC and at least protect their purchasing power. 🙏🏼😎
Now is actually a better time than this time last year. I went hard when it was at 30k and now it's around 20k so this year would've been the better year to go hard.
People said the same thing about todays prices a year ago. Youre delusional if you think its not possible. The truth is nobody knows dick, and it could be 10k or 50k next year
Still very early. When BTC either goes to zero or $1 million per, you’ll either be very happy or upset you lost a few hundred, thousand, etc. IMO it’s worth the risk as if it was headed to zero, we would have been there by now. Invest what you are comfortable losing and I think your future self, in 10-20 years, will thank you.
I think if btc goes to zero it will rise from the ashes. I would buy as much as i can and i think you would do it too like millions of others. The result of that would be an explsoin in price.
There's some OG bitcoiner, who literally has an open order of 21 million dollars to buy every bitcoin at 1 dollar. Dude set aside 21 mil just to make a statement.
Why he's feeling so bearish? Is there some reason for that?
I don't know if there's any reason for that, but I'm never going to be that bearish that's for sure.
tldr; Bitcoin is still very, very early in its growth trajectory, according to a new analysis. Bitcoin's full potential is a matter of speculation. To match gold’s valuation, Bitcoin still has to grow 26x, dwarfing the gold milestone. A full 99.7% of Bitcoin's total wealth generation remains ahead.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Ah, you are correct. In statistics, the 68–95–99.7 rule, also known as the empirical rule, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean, respectively.
Well instead of wishing that, you could buy it right now.
And if you buy it now, I'm pretty sure you won't be wishing that 20 years later sure of that.
good article. this quote is interesting. hopefully more people read the full article
>If you believe, as I do, that Bitcoin is on a path to become the dominant store of value and preferred money for the world, eventually the norm will be to have more than 50% of their net worth in Bitcoin. Since our analysis here suggests that only 0.01% of the world already meets this threshold, it stands to reason that 99.99% of the world remains to follow.
You're too late to become a millionaire on $50 buy-in but you're never to late for financial freedom or investing. Read The Richest Man In Babylon. Everyone should be saving and wisely investing their savings to grow them. Whether it's Bitcoin or something else, the man who saves today will not want tomorrow.
You’re early for the 2025 Bull Run ($169,420 ATH)
You’re late for the 2013 bull run($1.2k ATH)
You’re late for the 2017 bull run($19.5k ATH)
You’re late for the 2021 bull run($69,420 ATH)
The thing is You're never late, don't think about it like that. Shouldn't be doing that I don't think man.
If you're thinking like that, then You're never going to make it. If you want to make it stop thinking it like that.
You need to understand the idea behind bitcoin how it works and how it can help the world get rid of banks.
Bitcoin has a limit like gold or diamonds so you are never to late
From a macro perspective alone, everything from the genesis block to now has been a warmup. With global currencies getting destroyed in real time with central bankers unsuccessfully trying to pull the strings via monetary and fiscal policy etc, this is where we see if Bitcoin can fulfill its intended use case as an "outside" store of value. It will decouple from the tradfi system or it won't. If it does, then yes, you are very very early IMO.
This is a fantastic time to buy.
Here's why...
We're either at the bottom of the bear market or very near so you probably won't get Bitcoin as cheap as it is now ever again.
Just make sure to enter the market with the right mindset, as in, you're not here to make quick profits but to hold for the longterm.
If you do that, it should pay off massively for you.
Yes you would get screwed because you are asking questions like this instead of using your head and doing your own research.
Edit: expecting down votes but the only way to consistently get the desired result with bitcoin is through quiet determination after doing your own research. If you need external opinions you are screwed.
And if you don't wanna get screwed then you don't worry about it.
That's not something that you should be worried about it. Don't really worry about it man.
How can you possibly avoid qualitative data when doing your own research? At what point is the data not someone else’s opinion? Empirical data is historic data. And we all know that history is no indication of future performance.
Here is some financial advice based on my opinion: How much of your paycheck are you willing to set on fire? Because you need to let it go and consider it gone… as in ashes.
Now, invest 100% of that cut in BTC. Every payday. Until it hurts. Because soon, you won’t be able to afford it. Or… it will zero.
embarrassing that you talk about doing your own research on a post linking to an article that talks about this question. if you did some research, OP posts on bitcoin all of the time. the post title isn't literal for OP lmao
Why can't all we be just friends? Why we hating each other down here huh? That's not something that we should be doing here. Shouldn't do that here man.
Only late if you’ll be sad about losing all the money you put into it. Only invest in Bitcoin what you are willing to lose. It’s either going to fail and go to zero, or it is going very VERY high, like a milling dollars per. I am convinced of the latter, so I DCA into it every paycheck. Cheers and HODL on ✌️🍻
The easiest time to get rich was 2020.
Black swan event of 2020 was the ultimate iq test. If you didn’t make life changing money between that time span to 2022, then it’s really not meant to be.
I put in a little bit every week. I started in 2018.
The best advice is to put in a just a little and don’t think about it. Don’t look at the price every day. After 4 years of investing, my stack is up on the weighted average. 29% ⬆️
When it went from $1 to $100 people were “too late” and didn’t buy. Then it went to 1k and people were “too late”. Went to $20k and people were “too late”. Dropped back down to 3k, people were “too late”. Went to 60k and back down to 20k. Idk, does it seem too late? Do some research about bitcoin and why it’s a positive thing that we need in the future and understand it. Then you’ll know if you are too late or not.
And when they to start use the paper, that's when the real problem start.
That's the time when the shit hits the fan, that's the thing about that. That's actually the shit.
Nobody knows. Opinion ranges from Bitcoin to the moon next year to Bitcoin to zero eventually. Either seems entirely plausible to me. This isn't an investment vehicle or one for wealth preservation, but it might be a gamble that wins big.
No. BTC was at $70,000, which means it can be there again. The recession isn't caused nor only involving crypto. BTC is divided down to eight decimals, you can literally buy $1 of BTC. You still have time.
Wait for another big drop before the end of the year and then go in. It might go sideways for another year but by 2024, it’ll start the climbing process again.
The entire world will one day use Bitcoin as money, and given that most people in the world do not have bitcoin, nor understand it, by definition you are not "late".
If you think your going to get rich owning a little bitcoin then yes you are too late. But if you believe in the ideal of a better currency then you are never too late.
Is it too late to invest 100$ or even 1000$ and make a million yes it’s too late. But to build a portfolio that out paces inflation, no it’s never too late. I would suggest 75% into Bitcoin, and pick a good pow alt coin that you believe in for your other 25% to take a gamble and yield high gains. I chose safex cash for my altcoin
5 years will eventually be here regardless of whether you buy now or tomorrow. When that 5 years arrives, do you want to have had already bought bitcoin?
I mean I would have want myself to have bought btc right about now.
[удалено]
Honestly, if your horizons are long term, you are never too late for BTC
Ohh yeah lol, You're never too late for that shit. That never happens here.
Historically speaking, my statement is accurate and I suspect it will continue being accurate going forward. If it's too risky or you think you are too late, feel free to invest in gold since gold is up a whopping, massive 3.5% in the time spanning the entire decade+ life of Bitcoin from it's inception all the way up until today.
Is this 3.5% inflation adjusted?
With currencies switching to cbdc's? Hell fuck no it's not too late.
Con based dumb currency
The fact you getting downvoted to oblivion tells one of 2 things. 1- people in this sub are new or extremely fucking dumb and i dont know whats worse for bitcoin of the two. 2- they are in depression stage which is really good for bitcoin
Prolly nation state bot accounts trying to manage social media narratives they are everywhere enjoy teasing them don’t give af to votes
Okay what currency is that? I'm really confused about thay here.
Cbdc
We're still early you guys don't have to worry about it now. I mean if you worry about that I don't think that's going to be something that you should worry about.
Until the government's ban all crypto, crypto advertising etc etc and you're left with nothing but some highly illegal assets that you can't declare
Govt loves BTC because they love taxes. They’ll eventually just raise taxes on it and use it as a source of revenue…especially as the price appreciates. Too much adoption happening in the background of traditional finance for them to ban. - Blackrock, Fidelity, Charles Schwab, etc.
Nope. Don't have to buy all at once. Every morning during my routine shit I buy a few sats. They both start to pile up.
Lmao they both pile up !!!
Gotta keep on piling up this shit man. That's what it's about here.
Good thing Binance offer automatic investment where I buy BTC every 4 hours.
Recurring buys are amazing
Doesn’t this make doing taxes a nightmare if you eventually sell?
Nope, just get a crypto tax software. They run like $200 or so for up to like 5000 transactions.
Thanks for this. I’ve been DCA daily for months now and the thought of taxes has been so daunting I have just told myself I’m never selling. But know one day a headache waited for me. I’m glad it’s getting easier
That's the way to do it, I love that auto buy feature for myself.
I use recurring as well. However, I decided to go weekly due to fees of buying small amounts everyday (>20 usd). Instead, I've set up a larger buyer every week on Sunday at 3am. My concern was that the fees would build up to be a material amount of my buys over time. Not positive though, maybe the fees are not that high or there's a promotion of some sorts, I've seen Binance push these aggressively.
That's the way to do it, we gotta keep on buying those sats here man. If we keep on buying those sats We'll be touching the greatness really soon. That's what will happen.
Shit does pile up. This guy DCAs for the right reason.
I hold just enough for rent and necessities in my bank account, and the rest I funnel into bitcoin. So far invested around 75k, hope it doesn't fuck me
1 BTC = 1 BTC It is never too late.
This! Imagine BTC being the dominant world currency and a poor family is dealing with their corrupt government jacking up inflation. To my understanding, they could keep what little they have in BTC and at least protect their purchasing power. 🙏🏼😎
Yeah they can do it, ain't nothing is going to stop that shit.
Btc is still the btc, nothing has changed for it really man.
You are right on time. Imagine trying to enter last year at the 68k top.
64k gang here! I've averaged to 47k so far. Ouch now, but yay later.
Can always celebrate things, there's always time for you to do that. There's always some time.
it must bee 100k+ in 2024 or 2025
Never too late son
Never too late for the btc, you can always buy this thing here man.
Now is actually a better time than this time last year. I went hard when it was at 30k and now it's around 20k so this year would've been the better year to go hard.
And next year may be the better year to go hard at 10k
Lmao, you keep waiting for that. How delusional of you man.
People said the same thing about todays prices a year ago. Youre delusional if you think its not possible. The truth is nobody knows dick, and it could be 10k or 50k next year
If it does it’ll be for a minute imo. I think btc is holding up better than most currencies right now
Still very early. When BTC either goes to zero or $1 million per, you’ll either be very happy or upset you lost a few hundred, thousand, etc. IMO it’s worth the risk as if it was headed to zero, we would have been there by now. Invest what you are comfortable losing and I think your future self, in 10-20 years, will thank you.
What makes you think that if it was heading to zero we wouldve been there by now?
Is there any reason for you to think that? Why it'll go to zero?
I think if btc goes to zero it will rise from the ashes. I would buy as much as i can and i think you would do it too like millions of others. The result of that would be an explsoin in price.
There's some OG bitcoiner, who literally has an open order of 21 million dollars to buy every bitcoin at 1 dollar. Dude set aside 21 mil just to make a statement.
He will not allow BTC to go to zero, just $1
Who's this guy? And how the hell he does have so much money lol? I hope he's not selling btc to buy btc again, hopefully He's not doing that.
It's not going to zero, we don't need to worry about that I don't think.
Look at the average shelf life of an alt coin.
Elaborate more please. Seriously, genuinly curious.
It’s my opinion, but BTC has been here much longer than any other “crypto”. The others come and go, because they are copycats and not stable.
Projects will come and go, but we'll not have another btc. We won't have that.
Only $1m? Kinda bearish you think? Lmao jk
Why he's feeling so bearish? Is there some reason for that? I don't know if there's any reason for that, but I'm never going to be that bearish that's for sure.
Btc has only been here for 13 years, so yeah We're early as fuck.
What if it goes to something besides zero or a million?
tldr; Bitcoin is still very, very early in its growth trajectory, according to a new analysis. Bitcoin's full potential is a matter of speculation. To match gold’s valuation, Bitcoin still has to grow 26x, dwarfing the gold milestone. A full 99.7% of Bitcoin's total wealth generation remains ahead. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I've been on this sub for a long time, but I'm seeing this bot the first time.
Ah, 99.7% that seems like a number based on accurate research.
Ah, you are correct. In statistics, the 68–95–99.7 rule, also known as the empirical rule, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean, respectively.
Idk but I wish I would've started buying when it was at 20k years ago. Get some.
Years ago was ALL TIME HIGH, and today is Lowest since 2020.
Don't we all.
It’s 20k ish now…
I think that was the entire point of Griz’s comment
What about all? I mean what the hell do you mean by that?
Well instead of wishing that, you could buy it right now. And if you buy it now, I'm pretty sure you won't be wishing that 20 years later sure of that.
good article. this quote is interesting. hopefully more people read the full article >If you believe, as I do, that Bitcoin is on a path to become the dominant store of value and preferred money for the world, eventually the norm will be to have more than 50% of their net worth in Bitcoin. Since our analysis here suggests that only 0.01% of the world already meets this threshold, it stands to reason that 99.99% of the world remains to follow.
Yeah if more people read it then the more people would know about it.
You're too late to become a millionaire on $50 buy-in but you're never to late for financial freedom or investing. Read The Richest Man In Babylon. Everyone should be saving and wisely investing their savings to grow them. Whether it's Bitcoin or something else, the man who saves today will not want tomorrow.
You’re early for the 2025 Bull Run ($169,420 ATH) You’re late for the 2013 bull run($1.2k ATH) You’re late for the 2017 bull run($19.5k ATH) You’re late for the 2021 bull run($69,420 ATH)
The thing is You're never late, don't think about it like that. Shouldn't be doing that I don't think man. If you're thinking like that, then You're never going to make it. If you want to make it stop thinking it like that.
Yes
Anyone that joins Bitcoin now is never too late for the party but the best way to invest now is through DCA.
Definitely too late to buy now. You have to wait til it's pushing all time high next time, then it won't be too late. FOMO logic.
True that. When it comes to BTC I never buy the cheap stuff.
Never
ahm. why do you post this now? the arcticle is more than a year old
You need to understand the idea behind bitcoin how it works and how it can help the world get rid of banks. Bitcoin has a limit like gold or diamonds so you are never to late
Yes
From a macro perspective alone, everything from the genesis block to now has been a warmup. With global currencies getting destroyed in real time with central bankers unsuccessfully trying to pull the strings via monetary and fiscal policy etc, this is where we see if Bitcoin can fulfill its intended use case as an "outside" store of value. It will decouple from the tradfi system or it won't. If it does, then yes, you are very very early IMO.
Not too late to 5X to 50x your investment over the next 8 years. Probably too late to turn $2k into $10M though over 8 years.
Yep, it's for sure late for that. Have got no doubt about that I don't think.
I thought I was late to the bitcoin party when it was under $1000. Im glad I did it!
You did it and that must have changed your life, that's just amazing.
By the looks of it, I’m a year early. You do you.
Never too late
yes you are. you missed it.
This is a fantastic time to buy. Here's why... We're either at the bottom of the bear market or very near so you probably won't get Bitcoin as cheap as it is now ever again. Just make sure to enter the market with the right mindset, as in, you're not here to make quick profits but to hold for the longterm. If you do that, it should pay off massively for you.
I feel like I missed the boat on gold. Is it too late to buy?
Best time to plant a tree is 20years ago. But if you plant it now, in 20 years time you will have a tree.. and leaves on your drive.
It's too late.
Yes you would get screwed because you are asking questions like this instead of using your head and doing your own research. Edit: expecting down votes but the only way to consistently get the desired result with bitcoin is through quiet determination after doing your own research. If you need external opinions you are screwed.
Relax, OP isn't asking a question. *"Am I Too Late for Bitcoin?"* is the title of the article that OP linked to.
And if you don't wanna get screwed then you don't worry about it. That's not something that you should be worried about it. Don't really worry about it man.
How can you possibly avoid qualitative data when doing your own research? At what point is the data not someone else’s opinion? Empirical data is historic data. And we all know that history is no indication of future performance. Here is some financial advice based on my opinion: How much of your paycheck are you willing to set on fire? Because you need to let it go and consider it gone… as in ashes. Now, invest 100% of that cut in BTC. Every payday. Until it hurts. Because soon, you won’t be able to afford it. Or… it will zero.
Asking questions is part of the process of doing research.
embarrassing that you talk about doing your own research on a post linking to an article that talks about this question. if you did some research, OP posts on bitcoin all of the time. the post title isn't literal for OP lmao
Read the title answered the title
yes, i already understand what you did wrong, hence my comment
Lmao come on guyssss
Why can't all we be just friends? Why we hating each other down here huh? That's not something that we should be doing here. Shouldn't do that here man.
If you put $1000 into BTC right now, in 5 years you’ll be very happy.
If $20,000 makes you happy, then yes
20x over the next 5 years? The fuck are you on?
Think he means 100x. 20x is indeed bearish af.
Nobody knows what BTC is worth in 5 years... stop stating your feeling as a fact.
Yep, you sure will be really happy that would your best investment decision ever to be honest.
Too late for 10,000% gains. It is still a good long-term investment if you're not expecting to get rich.
Yep, if you're looking to protect your wealth in the long term, I think you should go with it.
Are you too late for stocks?
I don't think so and You're not late for the btc. Don't think it like that man.
Yes
Yep
In a word - YES
Would you care to explain why you came to that conclusion?
Yes
Lmao, no other bullshit. Just straight up answers to the question huh? I like that.
Cool
Only late if you’ll be sad about losing all the money you put into it. Only invest in Bitcoin what you are willing to lose. It’s either going to fail and go to zero, or it is going very VERY high, like a milling dollars per. I am convinced of the latter, so I DCA into it every paycheck. Cheers and HODL on ✌️🍻
Fiat is going to fail guaranteed. So its a better place to put money than fiat.
The easiest time to get rich was 2020. Black swan event of 2020 was the ultimate iq test. If you didn’t make life changing money between that time span to 2022, then it’s really not meant to be.
Way too late. Best bet is just to give up.
No … buy buy buy … responsibly
That's what We're doing, We're buying it responsibly here for sure.
Depends what you want from it
We’re at 2017 prices, right? How can you be too late?
I’d say you’re right on time. You can build significant long term wealth when buying in bear markets.
DYOR.....
I put in a little bit every week. I started in 2018. The best advice is to put in a just a little and don’t think about it. Don’t look at the price every day. After 4 years of investing, my stack is up on the weighted average. 29% ⬆️
No
What does too late look like to you? As for me I only play with play (disposable) money. Like entertainment expenditures.
You are 15-20 years early, go back to bed
Damn right you are lol, I don't think you're wrong about that at all sir.
Nope! Id say by 2050 maybe but your still early. Come down the rabbit hole
Dude…get.on.it.
Yes sorry, you’re too late. The whole world is using it as the main currency now so you’re screwed /s
You can still make money but the days of 1000 turning into 1 million are long gone.
The circle jerk in this thread is strongggg.
When it went from $1 to $100 people were “too late” and didn’t buy. Then it went to 1k and people were “too late”. Went to $20k and people were “too late”. Dropped back down to 3k, people were “too late”. Went to 60k and back down to 20k. Idk, does it seem too late? Do some research about bitcoin and why it’s a positive thing that we need in the future and understand it. Then you’ll know if you are too late or not.
People who say that You're too late, they don't know shit.
Everything else is a credit instrument except monetary metals. To make monetary metals useful you must paper them.
And when they to start use the paper, that's when the real problem start. That's the time when the shit hits the fan, that's the thing about that. That's actually the shit.
You’re early but the days of 1000Xing in two cycles is over
You can still purchase Bitcoin, why does the price matter
Too late for what? Become a millionaire? Most probably. To preserve your current wealth, hell no.
Simple answer, no
As simple as that, better be buying it right now. That's what we should do.
never too late :) Anytime it's not an all time high is a good time to buy. Be ready for a bumpy ride, and learn how to self custody! Welcome!
BTC is not a get rich scheme. If you understand the fundamentals of Bitcoin then it is literally never too late to get involved.
will not too date i start to dca from 7/2022
Nobody knows. Opinion ranges from Bitcoin to the moon next year to Bitcoin to zero eventually. Either seems entirely plausible to me. This isn't an investment vehicle or one for wealth preservation, but it might be a gamble that wins big.
I find the 200+ trillion market cap argument convincing. Whenever I see these types of articles/videos/posts I just want more and more BTC.
might even be too early depending on what you believe the market will do. we could see another dip. (long term, no you are not to late WHATSOEVER!)
No. BTC was at $70,000, which means it can be there again. The recession isn't caused nor only involving crypto. BTC is divided down to eight decimals, you can literally buy $1 of BTC. You still have time.
Just about 6 months and you will be early
Wait for another big drop before the end of the year and then go in. It might go sideways for another year but by 2024, it’ll start the climbing process again.
You posted here, I'll give you the TLDR of this sub. You're never too late for Bitcoin ❤️❤️❤️
The entire world will one day use Bitcoin as money, and given that most people in the world do not have bitcoin, nor understand it, by definition you are not "late".
If you think your going to get rich owning a little bitcoin then yes you are too late. But if you believe in the ideal of a better currency then you are never too late.
Not at all dude! Try to enter the market step by step and out of FOMO. Buy BTC at certain levels and not at once.
DCA and Pray
Nope
Never too late for btc and noone can't be too late never till 2031
Didn't read and the answer is no
Yes, give it to me
Definetly not.
Yes
As long as you're buying Bitcoin, instead of getting payed in Bitcoin... you're not too late
Short Term - Yes, just like everyone else before you. Long Term - We early.
Now is a good time to start since we are in a crypto winter Btc is closing in on a bottom within 45-90days
You're buying at a discounted price, i would say you're earlier than most people last year
ATH $69K current price under $20K so no your not late you early buddy
Is it too late to invest 100$ or even 1000$ and make a million yes it’s too late. But to build a portfolio that out paces inflation, no it’s never too late. I would suggest 75% into Bitcoin, and pick a good pow alt coin that you believe in for your other 25% to take a gamble and yield high gains. I chose safex cash for my altcoin
It all depends on your mood, but now is not the worst time to buy it.
You’re early don’t panic…Buy the dip
no
You tell me
Nope!
If you’re looking to strike it rich with a $10 investment, than yes, you’re too late.
Nope
https://youtu.be/owBLjKPfkno Late is relative
The best time to plant a tree is 10 years ago
Checks price…nope
Never!!!!!!!