IMO there is no "too late". If you buy now then yes your purchasing power will probably increase dramatically over the years, but even if adoption saturates Bitcoin is still a worthwhile asset to buy / earn due to all of its other wonderful properties.

Put another way: Suppose price stagnated such that it kept up with inflation but no more (~7-10% PA). I'd still buy it like a madman. It would still be superior and less risky compared to cash, stocks, bonds, buy-to-let real estate...

Was a 18th century worker ever late to gold?

There is no day where I will ever stop buying / earning Bitcoin.

__@_'-'

The fact is, we are still early. As long as we are still able to buy bitcoin with fiat, it’s still early.

The road to success is paved with failures.

That feeling of missing out is what drives people to the altcoins in order to "not miss out". Once you understand that then you can start to explain things while emphasizing the need to hold out over longer time horizons.

I mined on GPU and early ASIC's. Spent every single sat of that stack because I also wasn't super confident it would gain any momentum. This was before any bull markets at all so I really needed to see something crazy to believe in it. Most people do.

After I had spent everything I kept an eye on Bitcoin but didn't really dive too deep. When the 2017/18 run up happened I knew it was time to take a deeper look and over the years since I have developed an understanding.

I am slow and did dumb things, but I still don't even consider it "too late". If you think it is too late you just don't have a good understanding of Bitcoin yet and that is OK because Bitcoin will cause systemic change to almost every functional system within our society. Just like the internet did. But that is really hard to digest and even harder to conceptualize. I can't blame anyone for not getting it.

The only time you are missing out is when there is no longer any opportunity to accumulate.

My story isn't unique. So many of us learned the same lessons the same ways. I also considered different altcoins. But I think it is interesting because if you hear enough peoples stories and observe what is going on long enough you begin to see what the same story looks like at scale.

I think most people are on the path to discovering Bitcoin. Since COVID financial literacy has gone through the roof. The economy is what people talk about because it is currently hard to ignore. People understand the concept of inflation, but maybe are confused on the exact cause right now. No one wants to believe the system itself is just flawed and cannot be fixed because everyone understands (without Bitcoin) there is no alternative to have any chance of weathering that sort of collapse.

But the conversation is happening and people are learning. Eventually Bitcoin will enter that conversation in the same way it first got its hooks into any of us here today. Maybe the government goes through its own phase and has its own Bitcoin story similar to ours. They have accumulated a huge amount for a lot of reasons and are selling it. Of course that will be a regret later down the road but how is it any different from any regrets we have had along the way?

I say just sit back, remember your journey and see how that plays out for everyone else. You'll start to notice everyone follows similar paths. I guess that is how trails are made.

My story has the same beginning as yours, but ends with "i couldn't get the software to compile and so went back to playing world of warcraft". smh

I think it’s just the beginning for bitcoin..I’ve probably stacked 200k sats in the last few months using any resources I could find..if I keep stacking at least 1000 sats a day I think it will definitely be worth much more in 10 years. I am putting all my stacked sats away for my 6 yo granddaughter and give it to her in 10 years if I’m still alive…and I truly think it will be enough Bitcoin for her to be set financially

Will there ever be a point when you are ’too late’ to Bitcoin? When you are on your deathbed perhaps? There will always be people just entering Bitcoin. Just like there are always people entering the world. Everyone's journey is different. I enjoyed hearing about yours. Thank you!

bitcoin is the internet of money. you will be never late to it.

If you are reading this you are SO SO SO SO early.

I send sats to every new person I meet and they all think im a total fucking weirdo.

Yep I have a similar story. I was very early - 2012 but had no idea what i had stumbled upon, I didn't even realise i was running a node! I felt annoyed that my laptop fan was always on and my computer never seemed to catch up with the blockchain and i wasn't sure how much BTC I had. I got frustrated and left.

I hope we won't be too late to join.

I downloaded I think Electrum around 2013 and I got something like 0.5BTC from faucet, but then I thought that it's stupid, so I deleted all that...

Look at Adam Back. There’s no way he has to work anymore but look at what blockstream has built (especially the satellite project)

I used western Union to buy btc for SR- at that point in my life I was not ready to understand bitcoin

Well said! Thanks for sharing.

As long as you can get 1 BTC, even 0.1 btc you'll be fine

I remember having vague conversation about "the blockchain" and real estate back in 2013.

I don't even think Bitcoin came up in that conversation.

Didn't interest me enough to look more into "the blockchain."

Oh well. Happy to know what I know now, thankful I won't have to learn the hard way

This post was featured in This Day in Stacker News: June 24th as the top post of the day.

There are those who appreciate Bitcoin today, there are those who will get it tomorrow and there are those who will need it next week. Just be prepared to help those who ask.

We all get Bitcoin at the price we deserve. Thanks!

Hal Finney regretted turning off his mining pc because it was too loud...

Bitcoin is money. It's never too late to save some money.

30k is early