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I would have said it was too late when it was ~350 a coin, then it went up to ~4k. I then would have said it was definitely too late at ~4k, right now it's at
by theossuary 9y ago
I would have said it was too late when it was ~350 a coin, then it went up to ~4k. I then would have said it was definitely too late at ~4k, right now it's at ~5.5k. That said you really have to look at the graphs and decide for yourself; and remember all of these coins are essentially zero-sum, a lot of suckers have to lose money for you to make it (or vice-versa).
- deweller 9y agoI disagree that Bitcoin is a zero-sum game. If the network continues to grow it could enable things that provide value that didn't exist before. When that happens, worldwide productivity increases and wealth is created. Therefore everyone wins.
- AznHisoka 9y agoYep, that type of thinking is a trap. I thought investing in Apple was too late in 2006 at $12/share, then again at 2010 at $45/share, then again at 2014 at $90/share.