Why you haven’t missed the Bitcoin Boat
I’m guessing because you’ve clicked the link or seen the title you've either heard this phrase or found yourself thinking, "I must have missed the boat for investing in Bitcoin." Well, it's time to cast aside that misconception. I’m going to show you why you're still a bright-eyed, early bird in this unfolding adventure.
First things first, let's dispel the myth that Bitcoin's ship has sailed without you. Yes, there have been remarkable journeys and impressive stories of early investors striking digital gold, but that doesn't mean you're too late to join the expedition. Think of Bitcoin as an endless expedition, like a never-ending treasure hunt on the high seas. While it set sail more than a decade ago, this voyage is far from over and the main question is, at which harbour are you going to embark?
Bitcoin's early days were a bit like the Wild West of finance, marked by pioneers and a sense of lawlessness. Today, it's transformed into a more regulated, secure, and sophisticated landscape. It's like going from the rugged frontier to a bustling city with boundless opportunities. In the world of investments, patience is a virtue. Believing you've missed the Bitcoin boat is like thinking you've missed out on something in life just because you didn't start it sooner. Every day is an opportunity to learn and grow.
You don't need to empty your savings account to invest in Bitcoin, in fact, I don’t recommend that at all. Start small, ease yourself in and learn as you go. The best investors often start with humble beginnings. Instead of worrying about missed opportunities, focus on acquiring knowledge and educating yourself about Bitcoin.
To all those who believe they've missed the Bitcoin boat, remember this: the world of Bitcoin is an expansive ocean with room for everyone. It's not about when you start; it's about the journey you embark upon. Bitcoin is still very much in its early stages and I’m going to explain why. Below I have pulled an image of the world's top assets and ranked them by Market Cap (this is essentially just the price times by the total supply).
Source: https://8marketcap.com/
We’re talking about an asset that wants to be a form of money, used by the world and has the potential to be the global reserve currency, which is currently the dollar. AND it’s ranked 14th!!!! Take that in.
Bitcoin is often referred to as digital gold, well I can tell you when it hits the top of this list and surpasses gold, at current prices, each Bitcoin would be worth $664,917, 25.8x current value.
The endless expedition will keep sailing, maybe it’s time to consider jumping aboard. This first step is not buying any Bitcoin, it’s learning what’s going on in the space.
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This is a guest blog. Views expressed are their own, and do not necessarily represent the views of Bitcoin Collective.