Is it too late to invest in Bitcoin in 2020, or can I still make a lot of money?
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It is definitely not too late, it’s barely been around 10 years. I don’t know but I’m sure it took awhile for gold/ silver to replace trading furs or whatever the initial currency was lol. Then it took a long time for people to become comfortable with paper money instead of physical gold/silver coins.
Checks, and credit cards all solve issues with the currency they eventually replace and Bitcoin is the next currency to take hold especially as we get further along in the digital age we’re living in. Bitcoin is far from mass adoption which is when it’ll be too late to get in to make serious profit imo. But with a finite supply of only 21 million bitcoin ever to be minted and being hard coded to be naturally deflationary simple supply and demand will eventually be a boom for bitcoin.
Look at the market cap of dollars, gold, silver, stocks compared to bitcoin and you’ll see bitcoin has plenty of room to run price wise to even get close in cap to traditional currency/assets which I believe bitcoins future is in being both. Lastly I would say bitcoin is currently over 50% below it’s all time high price of $20k so if it just gets back to where it’s already been you’d more than double your money.
And history says eventually bitcoin will blow past its previous high and set a new ATH before retracing. For more info on how to make reasonable profits from bitcoins contact me on Telegram or Whatsapp +1 503 673 3935.