Am I Too Late to Bitcoin?
Bitcoin is still a relatively small asset class in financial markets.
As Bitcoin reaches the $100,000 milestone, it’s natural to feel a mix of emotions if you don’t own any yet, regret, fear of missing out, or the thought that the opportunity has passed. But let me tell you this: it’s absolutely not too late.
While the price per Bitcoin is higher than it’s ever been, and will likely continue to set new all-time highs for decades to come, Bitcoin is still a relatively small asset class in financial markets.
To put it in perspective:
Bitcoin’s market cap is just under $2 trillion.
Compare that to gold at ~$18 trillion, equities at over $100 trillion, or bonds at more than $300 trillion.
This is the market Bitcoin is competing in and coming after. When Bitcoin was $10,000, Bitcoiners were saying it would reach $100,000, and we were called crazy. Now we’re saying it will reach $1,000,000. Will you call us crazy again?
But let’s get back to the question: Am I too late? On the contrary, I think we’re still early.
Here’s why:
The vast majority of people in my life don’t own Bitcoin.
Most of my colleagues don’t own Bitcoin.
Most of my friends don’t own Bitcoin.
Google, Apple, Amazon, Microsoft, etc., don’t own Bitcoin.
Most financial advisors and institutions don’t own Bitcoin.
I’ve been trying to “orange pill” my friends and everyone I meet for the past seven years. My success rate? Maybe 1%, at best, 2%.
Globally, estimates suggest less than 2% of the world owns Bitcoin.
So, are you late?
Absolutely not.
Disclaimer: All investment carries risk. Virtual Assets may lose their value in part or in full, and are subject to extreme volatility at times.
