Is it Too Late to Buy bitcoin
It is never too late to buy Bitcoin, even if the price is near its all-time high. Whether you are an institutional investor or a private investor, you can still buy Bitcoin. As an ancient proverb goes, the best time to plant an oak tree is thirty years ago. Despite the hype, too many investors suffer from FOMO, or the fear of missing out on something great.
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Bitcoin Fundamental Analysis
These Fundamental Analysis is for the date of Tuesday, 17 February 2022 and will change with time except the fixed parameters. The total supply of bitcoin is 21000000 and the circulating supply is 18961131. It means 2038869 (21000000 – 18961131 = 2038869) bitcoins is not mines yet. As we all know that bitcoin mining is now becomes very difficult, so if the current marketcap increases then surely the price will go up.
| Symbol | BTC |
| Current Price | $42,010.21 |
| Current Circulating Supply | 18,961,131 BTC |
| Max Supply | 21,000,000 BTC |
| 24H Price Change | -3.81% |
| Market Cap | $796,561,117,835 |
| All Time High | $68000 |
| All Time Low | $0.01 |
The MarketCap of the cryptocurrency market means that its long-term future looks very bright. With an estimated $2 trillion market value, Bitcoin is now the largest currency in the world. Purchasing Bitcoin is easy. You sign up with an exchange, connect your bank and other accounts, and click ‘buy’. There are several reasons to invest in Bitcoin. First, it is a great way to diversify your portfolio and get some extra income.
Second, it’s not too late to buy Bitcoin. The price of the currency has skyrocketed in 2021, and it is possible to make a profit from it. This could mean that it is too early to buy Bitcoin, but you can always invest a little money to get started. The price of bitcoin has increased so much that it feels like you’ve missed out. While the cryptocurrency market has changed a lot, it is still the best time to invest.
As an investor, it is never too late to buy Bitcoin. It is never too late to invest in this digital currency. If you’re still interested, you’ll likely make a big profit if you invest now. After all, it’s the biggest cryptocurrency in the world. So, don’t wait too long if you don’t want to miss out on this opportunity. You might get lucky and find a great buying opportunity.
The crypto market is like the stock market. While the value of bitcoin can skyrocket in the long term and can drop significantly in the short term. This can cause you to lose money. If you’ve been waiting to invest in crypto, you’re not alone. A growing number of online enthusiasts are claiming unbelievable gains. You’ve just got to start your own investment in the crypto world.
It isn’t necessary to invest your entire portfolio in the cryptocurrency. A good rule of thumb is to invest as little as 5% of your portfolio in the cryptocurrency market. This will allow you to achieve your financial goals and save for the future.
The price of crypto is similar to the stock market. While it is possible to lose money for short terms, it’s vital to invest at the right time. In the meantime, it’s never too late to purchase crypto. You’ll be glad you did. You’re not only buying a commodity, but you’re buying a part of a culture that will change the world.
The main reason to invest in bitcoin is its liquidity. The currency’s supply is limited by the rules of blockchain. As such, it is easy to make a purchase if it’s at a low price. In addition to being liquid, it is not risky to invest in bitcoin. You’re buying it with the hope of getting a higher price in the future.
When you’re considering buying Bitcoin, remember that the currency’s supply is limited. There is only 21 million coins in existence, so the value of one coin will go up if more people start buying it. This means that it’s never too late to buy and keep them safe. This is a very safe investment option, and it will continue to grow in value. When compared to gold, bitcoin is the most liquid and stable asset alternative.
Bitcoin Price History
.Bitcoin Price history shown in below table from it beginning taken from Wikipedia. When you go through this price history, it can be notice that bitcoin price can fall very much when it makes new all times high. This suggest that if you are doing short term trading then never buy bitcoin near ATH (All times high) prices. It is possible that after making a new ATH the price can go down from 50-70% down according to the historic prices of bitcoin. If you are buying for long terms then the price does not matter too much where you buy because of limited supply the price goes up in long terms. Another important point that can minimize the risk is to buy on different price to get a small average buying value.
| Month Year | Price in USD |
|---|---|
| Jan 2009 – Mar 2010 | No Value in developing phase |
| May 2010 | >$0.01 |
| Feb 2011 – April 2011 | $1.00 |
| Nov 2013 | $350–$1,242 |
| Apr 2014 | $340–$530 |
| 2-3 March 2017 | $1,290 |
| 20 May 2017 | $2,000 |
| 1 September 2017 | $5,013 |
| 17-20 November 2017 | $17,900 |
| 17 December 2017 | $19,783 |
| 22 December 2017 | $13,800 |
| 5 February 2018 | $6,200 |
| 31 October 2018 | $6,300 |
| 7 December 2018 | $3,300 |
| 16 March 2020 | $5,000 |
| 27 July 2020 | $10,944 |
| 30 November 2020 | $19,850 |
| 8 January 2021 | $41,973 |
| 11 January 2021 | $33,400 |
| 8 February 2021 | $44,200 |
| 16 February 2021 | $50,000 |
| 10 April 2021 | $60,000 |
| 14 April 2021 | $64,800 |
| 19 May 2021 | $30,000 |
| 2 September 2021 | $50,128 |
| 17 October 2021 | $62,600 |
| 20 October 2021 | $66,974.77 |
| 22 January 2022 | $35,000 |
| 17 February 2022 | $42,063.80 |
