Is It Too Late to Buy Bitcoin? Here Are Some Thoughts

If you’ve been scrolling through social media or chatting with mates lately, you’ve probably heard someone mention Bitcoin. Maybe it’s your cousin who won’t shut up about how he “should’ve bought it years ago” or a TikTok video claiming it’s the future of money. But with Bitcoin’s price swinging wildly, even breaking the US$100k barrier at the end of 2024, you might be wondering: Is it too late to buy Bitcoin?

Don’t worry, you’re not alone in asking this. Let’s break it down in a way that makes sense, even if your budget is at the 2-minute noodle mark.

Bitcoin: In the beginning

Bitcoin was launched in 2009. Back then, it was worth just cents. Now, in March of 2025, one Bitcoin can cost more than a new car. That’s why people panic about missing out. But of course, Bitcoin could also go to zero, at any time, with no notice.

Price isn’t the whole story, there are philosophical reasons to buy Bitcoin, and social reasons. But let’s talk about price.

Why Bitcoin’s price has loosely overall gone up

Bitcoin’s price has gone up and down over the years, but the main overall trajectory is up.

Why? Two big reasons could be:

Limited supply

There will only ever be 21 million Bitcoins. Unlike regular money, where governments can print more, which makes the existing pool of money worth less, Bitcoin’s supply is capped.

Growing hype

More people, companies (like Tesla and Microstrategy), and even countries are buying in. When demand goes up and supply stays low, prices climb.

But… there’s always a but. Bitcoin’s price doesn’t just go up. It crashes too, sometimes losing half its value in weeks. That’s why timing feels so tricky.

Is it too late to buy Bitcoin?

"Am I too late?" is probably the wrong question, "Is Bitcoin right for me?" is probably better! Here are some things to keep in mind.

It’s still early days

Estimates show that around 106 million people own Bitcoin. This is still a very small population compared to how many people in the world there are. Compare that to how many people have smartphones (billions!). If more investors jump in, demand could push prices higher.

Big players have entered the chat

Companies like PayPal and investment firms like Blackrock are making Bitcoin easier to use and buy. When giants get involved, it could be a sign the party’s not over.

Long-term vibes

People who treat Bitcoin like a “digital gold” or something to hold for years, probably aren’t sweating the daily ups and downs in price. That said, there’s no crystal ball. Bitcoin could drop tomorrow if bad news hits (like a government ban) or soar if good news spreads (like more countries accepting it). The question isn’t just “Is it too late?” but “What’s your plan?”

Before you think about buying

Okay calm the farm. Before you sell your grandmother for Bitcoin, let’s talk risks. -It’s volatile. One day it’s up 10%, the next it’s down 20%. If you can’t handle rollercoasters, it might stress you out.

-There are no guarantees. Unlike a savings account, Bitcoin isn’t insured. If you lose your digital wallet’s password, private keys, or get hacked, it’s gone. -Rules could change: Governments are still figuring out how to regulate it. A crackdown could tank the price.

How to start

Don’t go large and risk your financial security. You don’t need to buy a whole Bitcoin.

You can buy tiny fractions (called “satoshis”) for as little as £20 on apps such as CoinJar.

Start small. Dip your toes with what you can afford to lose.

Think long-term. Don’t panic-sell if it drops. Many fans hold Bitcoin for years, not days.

Final thoughts: Too late? Just in time? Plenty of time?

Is it too late to buy Bitcoin? Probably not, if you’re in it for the long haul and can handle the wild ride. It’s less about “missing the boat” and more about whether it fits your goals.. Curious about the future of money? Bitcoin might be worth a shot.

You’ve got time. Bitcoin’s been around 15 years, and awareness of it is growing.