Why It’s Never Too Late to Buy Bitcoin

I get some version of this sentiment every single day I talk to someone not into cryptocurrency about buying into it: “I missed it. It’s too late.”

IT’S NEVER TOO LATE TO BUY BITCOIN AND GET INTO CRYPTOCURRENCY!

This post has been brewing in me for some time. All the looky-loos who are feeling a serious case of FOMO, as bitcoin and cryptocurrency have dominated the imagination of the investment class, see four-figure prices for a whole bitcoin and think it’s just too late to make money in crypto. As a person who is making money every single day in modest amounts with cryptocurrency, I can assure you that it’s never too late.

THE EVIDENCE: 1. Bitcoin, and most of the best cryptocurrencies, are deflationary assets, meaning that they only appreciate over time, mostly due to the limited nature of their supply. 

Bitcoin, the very first cryptocurrency, was created as a reaction against the bailouts brought on in the aftermath of the Great Recession. This is why there will only be 21 million bitcoin ever, produced at a steady, predictable rate over time until 2140. Considering 16.7 million bitcoin have already been produced, the fight for the remaining 4.3M new bitcoin over the next century will be an expensive one. Considering an estimated 4M bitcoin have never moved and are assumed to be “lost” to early creators’ deaths, every millionaire in the US couldn’t own a whole bitcoin of the 12M or so in circulation if they wanted to. GET IN!

2. Bitcoin block rewards will keep “halving” over time. This means that the amount of bitcoin produced from the efforts of miners will see their bitcoin rewards cut in half, periodically and repeatedly, until 21 million is reached. This will make existing and future bitcoin that much more rare, that much more valuable. GET IN!

At some point, it’s not a bubble: It’s just REALITY. Welcome to our new financial reality, where you have a once-in-a-generation chance to build generational wealth. For all the reasons above and more, for the immediate future, it’s never too late to invest in cryptocurrency—and escape the financial world’s Sunken Place.