I've seen this sentiment, "I am late to cryptos" echoed several times over the last year and half. Everyday I see this in conversations and posts on facebook groups.
There's no real need to say you are late. Frankly because we can't go back and change anything. We can only act on the information we have today.
Cryptocurrencies are volatile and have gone through multiple bear and bullish market phases. Anyone who has entered in any previous bear market including the one that we're in has profited when the market moved up over time.
This chart on Moonmath.win tells the tale of BTC's rise and fall since its early days. People have entered and lost in this market over short periods of trading. Some have benefitted over longer periods, others have been lucky to enter and exit with a huge sum and few others have lost doing the same.
The market waits for none, you have to manage your money and do the best you can with the information you can gather. It's important to take advantage of market cycles. Crypto is still largely hype and that's why we have many projects in the top 100 which may or may not deserve to be there depending on your yardstick for measuring them.
Don't feel let down thinking you are late to the party. The party is yet to start. Chances are we'll see another big bull run somewhere down the road and everyone who got in now are likely to profit again from it.
Even i've missed a few boats due to various factors but seeing how well this sector is progressing i'm confident there will be many opportunities in the future to make more money as well as engage with incredible, exciting products and platforms powered by blockchain and cryptocurrencies.
In any case, all that I've said now isn't new information nor something out of the ordinary. Yet people feel bogged down with this feeling of being late.
Why do you feel you are late to cryptos? What's causing you to feel this way? Please leave your thoughts in the comments below.
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