"I heard about it at $_ but now it is too late" is a recurring theme for years now. Here is how you know if it is too late:

Bitcoin volatility has collapsed and it's value increases by a few percentages year over year, making it the perfect safe asset to hold for people nearing retirement. Young people can make more money investing in the stock market and rebalancing the portfolio with Bitcoin as they get older. In this scenario if you are seeking high risk/reward plays, then Bitcoin will not deliver.

In case you live under a rock, we're nowhere near that scenario. You're still very early.

But before you go all in, know that the volatility is still very high. That means that dollar cost averaging and buying the dips is the best strategy. Also, it can always happen that we enter another 2 years bear market. Never invest something you may need in the next 2-3 years.

submitted by /u/socratit
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from Bitcoin - The Currency of the Internet https://ift.tt/3pRHB9t

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