IS IT TOO LATE TO BUY BITCOIN?

[Lutera94]

Recently I’ve been asked by many people whether it is too late to buy BTC...
My Answer is NO

As we know in a bull run we have always a correction from 30 to 50% or more or less.

In the time of writing this post BTC price is 
$ 40,559. From this point BTC price could hit 3X to 5X.  That means its not too late.

My best strategy for buying bitcoin is DCA ( Dollar Cost Averaging )

[Trumpet]

I think not end to bitcoin buy time. You  are also right that bitcoin price is now too high. Bitcoin also now overtake 40k$. Few days ago Bitcoin price has too low. With lowest time any person's are buy and hold bitcoin now they were get very good profit. But  now anyone buy and hold bitcoin  I think he is get some profit. Because bitcoin price has gone over 50k to early.

[Malam90]

Still i will say it's not too late to buy but now buying Bitcoin is very risky. This question was perfect even 4 months ago but i won't recommend to buy now as any time we can see a small correction. But if you think to hold for a longer period like 2 years or more, i can say it's not too late.

[Cristiano]

If we bought BTC now, we would think it was too late.  Because we should have bought Bitcoin a long time ago.  If I had bought and held a long time ago, I would have got a good profit now.  If Bitcoin can be bought and held recently, then long-term hold is required.  Today, the price of Bitcoin is more than 41 thousand dollars.

[dekafee79]

Recently I’ve been asked by many people whether it is too late to buy BTC...
My Answer is NO

As we know in a bull run we have always a correction from 30 to 50% or more or less.

In the time of writing this post BTC price is 
$ 40,559. From this point BTC price could hit 3X to 5X.  That means its not too late.

My best strategy for buying bitcoin is DCA ( Dollar Cost Averaging )

I think It is not too.late mate, You can buy when dump or market correction. But We must be careful the price is so high now. Bitcoin is suitable for short term investment or daily trading . Don't hold for long term , It is more risky.

[Astra]

Whether or not to buy bitcoin now with its price above $ 40,000 depends on how long we make such an investment. It is assumed that in the long term, bitcoin will increase in price several times. However, no one can give any guarantee of this.
At the same time, bitcoin has been growing in value for a long time without correction. This is not like him, and such a deviation from the norm is supported by the high expectations of market participants in its growth and real investment in bitcoin even at such a high price. However, the time for correction is still approaching. Why buy bitcoin at such a high price if after some time it should still go down to a correction?

[nelson4lov]

Nice DCA strategy, IMHO it's never too late to buy bitcoin because even after hitting $40k it continued pumping till it got to $42k, and it seems the next target for bitcoin is $50k and it's $8k away from hitting it, the only reason why buying now could be a bad Idea is because of what happened during 2017 when alot people bought at the top and the next moment bitcoin started crashing,i know the current bull run is different but it's risky buying any crypto currency at the top you really don't know what might happen next.

[Wedhus Balap]

Yes, I agree with your analysis. The bullish season has arrived, and right now many are selling coins right away. But to buy, I think it's still not too late because in the future the potential will still be pumped

[nakmantu99]

Still i will say it's not too late to buy but now buying Bitcoin is very risky. This question was perfect even 4 months ago but i won't recommend to buy now as any time we can see a small correction. But if you think to hold for a longer period like 2 years or more, i can say it's not too late.

Yes you are right mate. Buy bitcoin is really risky now. Butcoi price is so high and has touched 41K USD . But I think It not to.late if you can buy and sell at the right time. In my opinion, Do daily trading is better than hold bitcoin now.

[Laxmi Sharma]

You're right, I think we're too late to buy bitcoins. Because those who invested in Bitcoin in 2020 are now going to get double the profit. If we had invested in Bitcoin in 2020, we would have doubled our profits now. I think it may still be time to buy Bitcoin. Because the price of Bitcoin is likely to rise further.

[aarif123]

Yes definitely we are not too late to buy bitcoin if someone is purchasing bitcoin for long term then he/she should buy right now because there are so many prediction about bitcoin but if someone is short term investor then he should divide is portfolio in different cryptocurrency.

[marcsymons]

The price of Bitcoin is endless and it can't be predicted too therefore it is not too late for everyone to invest but if you mean of too late is about the price that Bitcoin is much expensive to purchase then you can shift to Altcoins investments as there are lot of Altcoins that are still cheap to purchase but just choose the best.

[Freemind]

It is never too late to buy Bitcoin, what I think is that it is not the right time, as expected sooner or later some correction will come and depending on how it is if it would be the time to buy. Buying after one or several major corrections and waiting several years (at least 2) is a better idea than buying right now from my point of view.

[vitek146]

I believe that it is already a  late to enter Bitcoin at such a price, because it is not known where the limit is and when the correction will begin. Yes, now it shows stable growth from day to day, but this may change. Everyone decides at his discretion, but I will refrain, perhaps... Perhaps the reason for this growth is the very large investments in it from large players and investment companies and funds.

[therozaq]

It is never too late to buy Bitcoin, what I think is that it is not the right time, as expected sooner or later some correction will come and depending on how it is if it would be the time to buy. Buying after one or several major corrections and waiting several years (at least 2) is a better idea than buying right now from my point of view.

You are right mate. It is not too late, but It is not the right time to buy bitcoin because the bitcoin price is so high.
But still have possible to get profit mate, you can invest for shirt term and do daily trading. Bitcoin is suitable to be.