Is it too late to buy Bitcoin at this price?
Yes. It’s better to stay on the sidelines and watch it go up. The best advice (not financial, of course) is to wait for the brutal bear market of 2027, when you can buy cheap BTC at $65k after the crash from $400k.
Do we believe all of this? No. Heck no.
Today we want to explain why you’re early to Bitcoin, how to deal with the emotions of selling too early (or buying late), and where the price is going.
‘I sold all my Bitcoin at cheap price of 20k, how do I cope?’
Many crypto bagholders and faithful alike didn’t believe a real recovery was possible after the FTX crash. Why would any sane person want to sink their money into crypto when it’s so easily manipulated?
Nowadays, the potential for manipulation might be worse with institutional players like BlackRock and the US government buying Bitcoin. But even with the price seeming totally out of reach for middle-class investors, many of the founders of the Bitcoin project, like programmer Adam Back, believe we’re very early.
JUST IN: Cypherpunk legend Adam Back says, “We are still early. #Bitcoin is still cheap.” pic.twitter.com/IeUTmAH0nF
— Bitcoin Magazine (@BitcoinMagazine) April 18, 2025
There’s still a lot of opportunity in Bitcoin and the broader crypto markets.
Bitcoin has a financial future because it’s an electronic data system that tracks and records the world’s wealth. It’s fully distributed and transparent, and it’s hard, so it can’t be manipulated.
Over the history of money for 5,000 years, our tabulation systems have always been corrupted by third parties, whether that be Rome’s debasement of currency all the way up to the Fed printing 1/4 of the US dollars ever created in 2020. Bitcoin is incorruptible. It’s the same in India, New York, and Africa. The only corruption came from systems built on top of it, like FTX, not the system itself.
This BTC Bull Run Doesn’t Feel Right…
(Reddit)
So, let’s get into the why. Why is this happening now? Why is Bitcoin price going up?
The keyword is Supercycle. The pump of all pumps
Bitcoin price is surging due to institutions entering the crypto market in large numbers via ETFs. An ETF is a fund traded on major exchanges, such as the NYSE or NASDAQ, that mirrors an underlying asset, like gold or Bitcoin.
A crypto ETF allows parents, grandparents, and financial institutions to invest in Bitcoin easily.
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Ostensibly, an ETF also stabilizes the price, allowing older investors and institutions to allocate more of their gains from stocks to BTC. Countries can also start holding a share of their holdings in BTC.
When it comes to price, always remember there are only 21 million Bitcoins. As we head into a landscape of digital currencies — whether that be CBDCs, BTC, or Ethereum — anyone who buys the digital currency we bank the future on (which looks like Bitcoin… maybe ETH?) will be rewarded exponentially, while “Nocoiners” will not be able to afford this.
The institutions become absurdly rich; the poor are priced out forever. In other words, you’re still early.
EXPLORE: Dave Portnoy’s New Meme Coin Went 100,000% But What Is The Best Meme Coin to Buy?
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Key Takeaways
- A US Bitcoin Reserve is on its way. Michael Saylor, MicroStrategy’s fierce Bitcoin advocate, wants the U.S. to own the crypto game.
- BTC has a financial future because it’s an electronic data system that tracks and records the world’s wealth.
- For now, the debate about cryptocurrency’s place in America’s financial future is just beginning.
The post Is it Too Late to Buy Bitcoin at This Price? Many Now Say ‘Yes’ appeared first on 99Bitcoins.
