Is it too late to buy Bitcoin?
Yes. It’s better to stay on the sideline and watch it go up. The best advice (not financial) is to wait for the brutal bear market of 2027, when you can buy cheap BTC at $65k after the crash from $400k. Or wait until Bitcoin hits 1 million.
Then wrote an opinion piece for left-leaning legacy media, “I am totally okay with not buying any Bitcoin in my life. It’s a fact I have to live with now. There is no sense in looking back!”
Do we believe all of this?
No. As someone who’s been in crypto for five years, I want to explain why Bitcoin is running up, how to deal with the emotions of selling too early (or buying late), and where I see the price going.
DISCOVER: The Easiest Way to Buy Bitcoin With Paypal in 2024
I Didn’t Buy Bitcoin at 10k, How Do I Cope?
I did not believe a real recovery was possible after the FTX crash of 2022. It would take a decade or more for people to trust crypto ever again.
Why would any sane person want to sink their money into crypto when it’s easily manipulated? And here I am. Seething.
Despite the FTX debacle, cryptocurrencies have rebounded, recovering almost their entire value.
And if you’re like me and didn’t buy at the bottom (or at the bottom in 2020 during the pandemic), stop being regretful and look for opportunities. This is what makes this space exciting: the potential to “be early” is still there. For instance …
If you want our advice, follow the smartest money.eth on X, subscribe to Real Vision Finance, and continue to read our updates on 99Bitcoins. There’s still so much opportunity in Bitcoin and the broader crypto markets.
DON’T MISS: How To Buy Bitcoin Anonymously – No KYC Guide 2024
Why We’re Still Early to BTC in 2024
Bitcoin has a financial future because it’s an electronic data system that tabulates and tracks the world’s wealth. It’s fully distributed, digital, transparent, and hard money, so it can’t be manipulated.
A system like Bitcoin hasn’t even started yet; the data proves it:
109k is just the next rung on the ladder for #Bitcoin.
And it’s even possible as early as December this year.
The recent rally has a different ring to it, I’ve got a good feeling about this one.
Everything is coming together for the year of ATHs, 2025.
No recession or bear… pic.twitter.com/PYCZoJRdkR
— CryptoCon (@CryptoCon_) October 16, 2024
Over money’s history of 5,000 years, our tabulation systems have always been corrupted by third parties, whether that be Rome’s debasement of currency or the Fed printing 1/4 of US dollars ever created in 2020. Bitcoin is incorruptible. It’s the same in India, New York, and Africa. The only corruption came from systems built on top of it, like FTX, not the system itself.
Ethereum, Solana, and other Web3 platforms also have a financial future because the digital age will not stop. It’s like being able to invest in the infrastructure of the internet… something unprecedented.
So, in closing, focus on the profit you made (or be glad you didn’t lose too much).
No one can predict the top or bottom perfectly. Good luck out there!
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