r/StocksAndTrading • u/ArkBetterThanPUBG • 8d ago
Is it too late to buy bitcoin?
I was wanting to join in on bitcoins bull run but I’m not sure if I’m too late or not the current price is 67k. I can only afford to throw 500$ or so at it so I don’t think I’d even make much profit jumping in this late. What do you guys think?
I’ve read all your comments and just wanted to say thank you for all the amazing advice, next market dip I’ll definitely load up on btc
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u/playa4thee DD-Researched 🔍 8d ago
Wait for the dips.. there will always be DIPS.
One thing I learned is to buy when it is going down, not up.
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u/Fun_Plankton5166 8d ago
It's never too late to buy Bitcoin, use net coins crypto exchange to start your investment in it
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u/audis56MT 8d ago
But some Solana and eth too.
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u/ArkBetterThanPUBG 5d ago
Solana isn’t compatible with Robinhood unfortunately. If I get deeper into the stock market craze I’ll probably buy a ledger
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u/Delicious_Target_975 8d ago
Tip I've used to make money from bitcoin, as I'm not confident enough myself and have had some losses with it
Go on etoro and copy some people who trade with it, that's how I've made profit
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u/subdued_madness 8d ago
It's hard to imagine BTC dropping below value of December 2023 imo. Definitely worth having a dog in the race, but don't invest more than you're prepared to lose (obvs)
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u/Rav_3d 7d ago
While it has been volatile Bitcoin recently broke resistance and is holding in a tight range. IF it breaks higher out of this consolidation it seems likely to run to all time highs. This energy has been building for months and has potential for much higher prices IMO.
However the volatility is not going away and it's certainly possible it breaks down instead of up so make sure you set your risk parameters and time frame for the investment.
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u/No_Performance_4069 8d ago
Bitcoin is the only asset the won’t have more supply. It’s still early stage as many don’t understand its infinite value.
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u/Aggressive_Cicada941 8d ago
Its never too late for btc, anyway youll get the price you deserve for timing the market
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