Honestly, bitcoin is also a financial market and as long as it is active, we will always have the opportunity to make a profit. Profits come from our knowledge, skills and experience, not determined by the time we have been in the market. Even if you join earlier than many others but you don't have the faith, knowledge and don't believe in it then you won't make any profit. On the contrary, those who come later but have knowledge and faith will make profits. Not all early investors make big profits and not all late investors can't get rich.

I believe that even 10 years from now, people will still say that we are still very early and it is never too late to get into bitcoin. That is never wrong because as long as the market is active we will always have a way to make a profit.

it is a long post so i do not know if many people got to the point to read where op is only 17years old i think it is interesting to see such young kids get into crypto sure they might not give that much insight to us much older ones but i still think it gives us an idea where bitcoin is and who are the ones participating in it and i am sure that op would appreciate some tips and advice even if it just about posting in the forum

it is quite shocking to see a kid talk about financial and economic situations the way op did
i do not know where op got his money to invest in whether that is from saving from parents or from side gigs but if you are still living with your family then i think he would have a safety net at least

Of course it doesn't make sense and also entering 2029 which is the next cycle, I don't think Bitcoin will reach $1 million that year and it's still too early. And currently Bitcoin is at 100K and the possibility of reaching $1 million in the next cycle is very unreasonable even though the current price of Bitcoin still has the potential to rise again because most people say it will reach 150K-180K and most likely in the next cycle in 2029 I assume the price will double it could reach 300K-500K which I think is reasonable which should be a good plan in our investment for the next cycle to increase our ownership, and if the price of Bitcoin reaches $1 million in 2029 it is an unexpected paradise if we think realistically that a twofold increase is more reasonable but all happened beyond expectations which made us get much bigger unexpected profits, because the price of Bitcoin is unpredictable and anything can happen by factors that we did not know before and vice versa. So being cautious is a good choice and always using money you can afford to lose is a wise choice, in order to avoid the unexpected.

The way you predict the market looks like you don't want the bear market to reappear again. For the price of Bitcoin to attain these prices you have listed. It is not just going to take a year or two, this is going to be in the next generation because the way I am seeing it, another generation will come to see that Bitcoin has hit huge amounts of money. People that knows what they are doing right now would want to invest so that they would benefit from the market in the nearest future. We are still early in the market and we'll have been anticipating for the price of Bitcoin to keep skyrocketing so that more height will be attained.

I have read numbers of posts about people talking about how they have missed out because they are just getting started with bitcoin while others started very much earlier. Just like OP has showed regrets now, others who would invest later would wish that they invested when op did. Bitcoin isn't going anywhere, it is with us and it has come to stay. People should avoid mounting pressure on themselves, they should invest when they are emotionally and financially ready. Although, as the year goes by, bitcoin keeps getting expensive, but these will not stop those who are willing to invest from investing. Everyone will still remain profitable if they invest well and use the right strategies.

there are still so many people not exposed to bitcoin and still use the old tradfi, if you expect them to also got exposed into crypto in the future then yes, we're still pretty early. adoption can go up pretty fast when people know all those big financial institutions invests in bitcoin and I think it's only matter of time.

back then we don't even imagine BTC can be valued this high, only very few people actually have high hopes on BTC, now that we actually find the real use case of BTC which is for hedge against inflation as well as to enable borderless wealth transfer, people finally believe in BTC, the other people will too, after all, those late adopter will always be late adopter.

Your title says that it's still early but then you have contradicted what you've made and you've said that it's too late to accumulate a whole Bitcoin. I agree with most that you have said on this quote but then, don't lose hope. If you are ever hoping to accumulate even 0.1 or 0.21 or even a whole, it all depends on you and how encouraged you are in targeting that. 21M Bitcoins is all what we have and we're nearing to reaching the 20M of its circulating supply, I agree that even having 0.1BTC is going to be life changing and I am proud of you realizing that. So, in the future we will no longer be talking about a whole bitcoin and you're right, it could be satoshis and decimals in quantity of BTC. And just like you, you're still early than the majority of the people in the world.

I understand that and that's why there's the strategy called 'dollar cost averaging' or DCA. You don't wait for any drop to buy it. As long as you've got money ready and you've got a long term plan, you can buy it at any rate as you wish. But I do understand as well the position like you guys are in, you'll have to wait for it to drop and I won't blame you for saying waiting it drop to $50k or even lower. But to wait for a year or so, you really need some patience with that.

Yeah that's true it's never too late to invest in bitcoin. Infact the more you decide to sit back and wait saying it's not the right time to invest the more price improves and the more you actually miss out. The trend that bitcoin has kept up for over a decade now is enough edge to get convinced and start investing with any of your preferred options ranging from DCA methods to regularly pumping cash into investing.

Right now there are a ton of persons waiting to see a dump to probably 70k ISH to quickly use it as an opportunity to buy some more to HODL. Price seemed to be retracing a couple of days ago but it seems it isn't the retracement people were actually hoping to see and use as an opportunity to buy more.