Are we late to the cryptocurrency party

in Tron Fan Club6 months ago

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Well some do not want to invest into cryptocurrency now especially looking at where the market is, they feel it's too late and only if they had come or arrived sooner then they would be probably positioned, alot of people when the look at the price of Bitcoin compared to where it was at the beginning when it was worth nothing they feel cryptocurrency in general has past them and it's now too late to invest or probably they wouldn't get much again from investing as such they become discouraged and disheartened at the idea of entering the crypto space as they think is a train that has already left the station.

Well it's understandable why they may feel that way seeing as somethings like some of the best cryptocurrency project it seems they are now in the thousands of dollars like Bitcoin and ethereum and thus they feel they wouldn't really get much again and certainly the time has passed when they could make money from the market.

Well puting all this factors into consideration begs the question, are we late to the cryptocurrency party?

Well personally I don't think we are, and there are some notable reasons why I believe we are not late yet I mean the market still has much opportunities and I will be discussing reasons why I feel it's not too late to invest in cryptocurrency.

Why investing in cryptocurrency now is not too late

One reason I believe one coming into this market is not too late for the person is for this reason compared to other asset in the financial market cryptocurrency is still young, I mean some of the assets has been around since last century like the stocks whilst the first cryptocurrency is Bitcoin, the oldest cryptocurrency has been around for barely 15 years or so, is considerably a young asset and what this means is that there is still room for growth. If people are still investing in stocks and bonds without feeling they have missed out how much more Bitcoin which still has a long way to go and is yet to reach full market maturity so for this reason is not too late to invest in cryptocurrency infact it's still considerably early.

Also another reason why I believe we are quite still early here and investing in cryptocurrency is not too late for us is this, the institutions are still here coming in into the market, I mean true some big institutions have come into the market but there is still alot others who haven't come in yet, infact some are still skeptical and still needs further proof since the market is still young, now imagine what happens when cryptocurrency gains further adoption by a much wider institutions as there is still alot that hasn't key in on cryptocurrency now what happens if they do, it will make the marker to skyrocket considerably making people who invest now to still be one of the early people.

The thing is instead of looking at the time when cryptocurrency began and thinking it would have been best if we had invested then, that mindset will cloud our judgement of what the future holds, cryptocurrency still has a long way to go so instead of looking at where it is from where it was we should look at where it is now compared to where it is going.

If we also see what's happening now, there is strict regulations on cryptocurrency and yet it's still flourishing how much more when the legal framework will be more clear which will allow people to come into this space, there are some places today where there is ban on cryptocurrency, what happens when it's lifted this will lead to influx of people into the market and these are people who were not already here and when these happens when there is more trust from people on cryptocurrency it will help for a proper legal framework which ensures cryptocurrency investors now are certainly not too late.

Also we might think we know much about cryptocurrency but the funny thing is there are still regions where they haven't been properly educated about cryptocurrency, some are still ignorant and this has limited the market penetration of cryptocurrency to the general masses, ofcourse with time they will be much awareness which will no doubt drive cryptocurrency knowledge to a wide range of people and this will also help ensure influx of new investors that will ensure cryptocurrency continues to grow

The point really is cryptocurrency is still young and it's not even mature still so investment in it now is not too late, if we invest in cryptocurrency now we wouldn't really miss any thing much in the party per say, there is still alot to go round.

To illustrate let's say an boat is on a cruise so to say, and they intended destination much fun is also promised plus the in-boat cruise and merry the distance from the start-up position to the destination is 5,000km and after like 50km distance covered the boat was passing along a port where we had an opportunity to join in, then being naive as to where the boat is going only knowing where it's coming from we might feel by now the foods and drinks is finished and who knows they have stopped dropping people off.

Now without knowing infact the journey is barely started how more the fun that awaits in the destination, same is true with cryptocurrency, we are still miles away from the destination and compared to where we are going we are not late infact we are quite early, so my advice for those who feel it's too late, well it's not, infact I say to you lots, 'its now or never'.

Conclusion

Indeed it's just like Shakespeare in one of his books and quotes would say, "there is a tide in the affairs of men if taken on the flood leads to great fortune". Well that means it's now or never to grab hold of the life changing opportunity cryptocurrency offers, for those who acts now, then a great fortune awaits, don't take my word for it, you just wait and see. 🙂

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Upvoted! Thank you for supporting witness @jswit.

 6 months ago 

I don't think we are late to enter the Crypto because it is a revolution and in next few years we are going to get way ahead as compared to where we are now.

Wow your post today is very informative, I really like it, thank you so much for posting on such an important topic

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