Posts

IS IT TOO LATE TO INVEST IN BITCOIN AND OTHER CRYPTOS?

avatar of @brainstommer
25
@brainstommer
·
0 views
·
3 min read

source

Alot of people watch Bitcoin and other cryptos grows from it's time of inception to the present price it is now.six years before now the value of Bitcoin was very small and then it was easier to invest in since the price was still very affordable.so so many people had the opportunity to take advantage of the price by then but the truth is that most people didn't because nobody knew or believed that bitcoin will ever grow to become so valuable in relation to its current price.those that were able to see the future of Bitcoin and invested in it are millions now.imagine you bought Bitcoin when the price was just $2,000 six years ago and now compare it to the current price you will see that you will be massively rich.

Now the value of Bitcoin has rose to the extent that it looks somehow unaffordable and yet the value hasn't stopped growing.few weeks ago it got to its all time high before it started dipping,but the dipping.to me the dip is normal because it gives people the opportunity to buy or invest more when the price falls.So many peoples regret not buying it at the onset but the question is

IS IT TOO LATE INVEST IN BITCOIN?From my own perspective and with the little experience I have had concerning investment most especially in cryptocurrencys I will say it is never too late.one important thing we need to have at the back of our mind is that bitcoin and other cryptos will continue to increase in value although it is very volatile and it fluctuate easily.so if you are seeing it to be too late to invest in it now,you might never invest because the value will continue to rise which will make it more difficult for you to invest.

Two years ago I once had the opportunity of investing in Ethereum then the price was till very not even up to $1,000.but my inability and my lackadaisical attitude didn't allow me to invest in Ethereum.Now the price of Ethereum worth more than $4,000 and I really regret not investing on it.the price will continue to increase both now and in future.

Bitcoin is the most popular cryptocurrency and it's utility and values are very high, as it continue to gain more and more attention.everyday new cryptos are always invented and most of the time the prices are usually very affordable.so instead of waiting for when the price will drop before investing,it is better to choose from any other crypto for your investment rather than not having any.

source

The advantage of investing in other cryptos is that it has the ability to grow like Bitcoin,and the tendencies of you getting your return faster is very high but remember you must know the basics and the risk of investing cryptos and also you must know much about the cryptocurrency you are investing on because it is not all cryptos that has utility value.some are just shitty coin are just created out of joke.so you must take your time to the history of the coin and how well it is doing in the market before investing.

So the truth is that it's never too late to invest because the more you delay your investment,the more the change in the value of cryptos.start with you have and watch it grow.