You can still invest in Bitcoin. However, its market price is highly volatile. Unlike major fiat currencies that maintain price stability or value, Bitcoin’s price fluctuates as it’s controlled by market sentiment and trades.
As an asset, Bitcoin has some features different from fiat currencies. A notable one is its scarcity. For instance, fiat currencies undergo regular printing by the central banks or federal reserve.
Summarily, is it too late to invest in bitcoin? No. There is still some time before the world can mine the whole Bitcoin supply. However, the earlier you take action, the better.
Knowing that it is not too late to invest in Bitcoin is one thing; understanding the market is another. As of now, speculations about Bitcoin as an asset persists.
The pros of bitcoin are massive, and the potential cons are immensely disquieting. Unlike many other investment destinations, Bitcoin poses a high risk. However, the increased risk can be associated with high rewards.