Generally these articles are absolutely stupid. “Oh, if you had invested $100 in Apple in 2011 you would be a gazillionaire right now,” or, “If you had bought 100 bitcoins in 2010 you would have a private island and whatnot.”
Those arguments are absolute garbage. Yes, you missed out on an opportunity, but no, that doesn’t mean you were wrong to do so. For every Apple stock and every Bitcoin, there are a million failed companies and startups that have failed miserably. You could have invested thousands of dollars, spread out in many companies and crazy and unproven digital currencies and you’d have zero to show for right now. You could have invested in half the startups in the dot com bubble and have lost every single achiever. Hindsight is 20-20.
But this post by Binance is more helpful. It doesn’t tell you, “Oh, you should have invested in 2020.” It clearly tells you with historical and verifiable data that yes, you’re missing out, because if you had dollar-cost-averaged a single dollar every day for the past year you would have had a +300% return on your investment. It’s still an insane return on investment, because Bitcoin is like that, but it’s not telling you to turn back the clock. It’s simply telling you, here’s what happened, if you get the value of investing in Bitcoin you should start now. Right the fuck now.
FOMO is real, and in crypto it’s very painful due to the massive gains. But the past doesn’t matter. What matters is that if you have decided to invest in Bitcoin, you should start today, add small amounts (Binance offers free SEPA payments for a limited time and I’ve invested 20-30 spare euros at a time) and you might get those returns. No guarantees, but it really seems like Bitcoin is taking off and going mainstream.
It’s the same advice I give when someone asks me when they should publish their book. Dear sir/madam, the best time to publish your book was yesterday, and the second-best time is today. Same with Bitcoin, the best time to invest was yesterday, and the second-best time is today.