Is it Too Late to Buy Bitcoin (BTC) in 2025?

Many new investors are considering an important questions – Is it too late to buy Bitcoin in 2025? Well, Bitcoin remains one of the most popular and most used cryptocurrencies in the world.

Bitcoin, however, faces stiff competition from altcoins that have pushed its dominance of the crypto industry below 50%. The ROI for some of these coins (often achieved in a few months) also blows Bitcoin’s 14-year ROI out of the waters.

This article will provide you with a comprehensive answer to the question of whether it is late to start buying BTC crypto. We will walk you through the legacy coin’s historical price performance, look at price forecasts, and tell you what some analysts are saying about investing in Bitcoin today.

Article Recap – Is it too Late to Buy Bitcoin?

Here is a summary of some of the key points that we will discuss in this post:

• The answer to whether it is too late to start buying Bitcoin is highly subjective. It is dependent on such factors as your understanding of the crypto industry, personal beliefs about the future of BTC, and your investing goals.
• Despite the many price rallies and unprecedented crashes over the last decade. BTC has maintained an overall uptrending price action. With growing adoption and rising utility, most in the cryptocurrency community expect it to sustain this forward-facing price action.
• The majority of analysts are confident that Bitcoin is here to stay. A growing majority expect its adoption at the institutional levels to keep rising, which pushes up BTC prices.
• There has been a growing institutional investor interest in Bitcoin. Different investment companies have introduced BTC derivatives like futures ETFs, and most recently, several brands filed for a spot Bitcoin ETF.
• In the past, central banks and politicians sought an outright ban on Bitcoin and crypto. Today, however, most central banks are working on CBDCs while regulators and politicians craft pieces of legislation centred on safe investor interactions with the top crypto asset.

Below, we will tell you everything you need to help decide if Bitcoin is worth investing in today. We will even tell you where to buy Bitcoin and introduce you to what we believe to be the next cryptos to explode. These are worth buying alongside the legacy digital currency.

Cryptoassets are a highly volatile unregulated investment product. 

Bitcoin (BTC) Price History

To best answer the question of whether it is too late to buy Bitcoin, you first need to understand the most valuable currency’s price history. In this section, we examine how the top cryptocurrency has performed in the past.

Bitcoin Price: 2009 – 2017

Bitcoin traces its history back to 2008 when the pseudonymous programmer and cryptographer– Satoshi Nakamoto – publicized the Bitcoin Whitepaper. However, the cryptocurrency only started gaining tangible monetary value in 2009. One of Bitcoin’s earliest documented transactions involved the sale of 5050 BTCs for $5.04 – giving each coin a value of $0.00099.

On 22nd May 2010, Laszlo Hanyecz paid for two Papa John’s pizzas with 10,000 Bitcoin. The event is celebrated annually by the crypto community during what is commonly known as Bitcoin Pizza Day.

According to CoinMarketCap, Bitcoin broke parity with the US Dollar in early 2011 before breaking into what is believed to be its first-ever price rally. By mid-June 2011, BTC was trading around the highs of $26. As is the case with all other rallies that have followed the coins since BTC’s price corrected downwards soon after and traded between $2 and $13 throughout 2012.

What is commonly referred to as Bitcoin’s first-ever price rally came about in 2013. Between January and December of that year, BTC’s value rallied by more than 8700% to break above $1150. By the last quarter of 2015, however, BTC price had corrected downwards and set a support level of $200.

In 2016 the pioneer virtual currency started showing signs of recovery but only recaptured the $1000 price in early 2017. This proved to be the onset of one of Bitcoin’s most memorable rallies, as the digital currency broke above $20,000 before the end of that year.

Bitcoin Price: 2018 – 2021

One year after the historic rally, Bitcoin had shed more than 85% of this peak price and was trading around $3000. This price correction was, however, short-lived as the dominant crypto quickly corrected upwards to reach $4000 in the second quarter of 2019 before ranging between $5000 and $12000 throughout the rest of 2019 to the third quarter of 2020.

In November 2020, a bull run was confirmed when Bitcoin’s price tore above $15,000. In the six months that followed, BTC’s price rallied 400%+ to break above $63,500. This was followed by a slight market correction to $30,000 in June 2021. The dip preceded one of Bitcoin’s most aggressive rebounds yet – which pushed its price to the current all-time high of $68,789 on 10th November.

Bitcoin Price: 2022 and 2023

Several external factors, including rising inflation and tighter monetary policies, put a halt on any possible price rally for Bitcoin. They also sent BTC and the larger crypto market crashing and two months after the all-time high, Bitcoin had lost half its peak value. The bleeding continued throughout the year and at its lowest point, in December, one BTC was trading around $16,000 – representing a 77% dip in 12 months.

Throughout the first half of 2023, however, Bitcoin showed signs of recovery. It started with a sprint to the high of $23,000 in January before setting a support level of $19,000 and a resistance of $31,000. This has inspired a lot of confidence about the possibility of a crypto rally in the foreseeable future among investors and analysts. This is evidenced by the rise in BTC’s market dominance from the lows of 39% in September 2022 to more than 52% in June 2023 – a two-year high.

Bitcoin’s Key Moments and Price Triggers

In this section, we look at some of Bitcoin’s key moments of the last decades and some of the factors attributed to its biggest price pumps yet.

The first Bitcoin transaction is believed to have taken place in 2009 when 5050 Bitcoin were sold for $5.02, giving the crypto an original price of 0.0009.

The CoinMarketCap places Bitcoin’s price in mid-July 2010 at $0.06 with a measly 24-hour trading volume of $75.

Bitcoin’s popularity started gathering pace after its embrace by the dark web between 2010 and 2013 – and this is attributed to the coin’s rally past $100 and the eventual break above $1000 during the 2013 bull run.

Many factors can be attributed to Bitcoin’s 2017 rally that sent its price soaring above $20,000. The most common include the ICO craze, interest from institutional investors, unprecedented media attention, and FOMO (Fear of Missing out).

The 2018 price crash could similarly be attributed to a number of factors. Chief among them is the dissipating hype around ICOs, China’s emphasis on crypto and ICO ban, negative media coverage, and the speculative bubble burst.

Government interference has also played a critical role in influencing Bitcoin’s price action. El Salvador and the Central African Republic’s adoption of BTC as legal tender triggered an uptrend. China’s ban on the same, together with the US and Europe’s draconic approach to crypto regulation have, on the other hand, led to sharp value drops for the legacy cryptocurrency.

Several countries, including Canada, Brazil, Singapore, Sweden, Dubai, and Switzerland, have already approved a Spot Bitcoin ETF. In the US, the SEC accepted six spot Bitcoin ETF applications in the first half of 2023. The approval of any (or all) of these would unlock a new era for the crypto industry and possibly trigger the next bull run.

Bitcoin (BTC) Price Forecast for 2025, and 2030

After understanding how Bitcoin has performed in the past, the next step is an assessment of its expected future price action. Ideally, a positive price forecast should mean that it is not too late to invest in Bitcoin, while a negative price forecast says that it probably is too late to start buying Bitcoin.

Bitcoin Price Forecast in 2025

The crypto market is hugely optimistic about Bitcoin’s price action in the near future. They, for example, list BTC among the next cryptos to explode in reaction to the Bitcoin halving event took place in early 2024 and possible approval of a spot Bitcoin ETF in 2024. In light of these developments, these analysts place Bitcoin’s value in 2025 between $125,000 and $150,000.

Bitcoin Price Forecast in 2030

By the turn of the decade, most analysts and investors expect Bitcoin and blockchain technology adoption to have permeated every sector of the global economy. Bitcoin’s use cases will have shot through the roof and so will its price. Diehard Bitcoin optimists like Ark Invest CEO – Cathie Wood – for instance, expect BTC to be worth more than $1.5 Million by the end of 2030. Bitcoin maximalist Michael Saylor, on the other hand, expects BTC to trade between $500,000 and $5 Million.

Cryptoassets are a highly volatile unregulated investment product. 

Bitcoin (BTC) Use Cases: How Will Bitcoin be Used in the Future

In countries like El Salvador, where BTC is a legal tender, you can buy virtually anything with BTC. Everywhere else in the world, except in countries China, Nepal, Morocco, Bolivia, and a few more countries where crypto is banned, a growing number of ecommerce and mainstreet stores will accept Bitcoin payments. So will a growing number of individuals across the world.

BTC is already one of the most used cryptocurrencies, so is it too late to buy Bitcoin. To answer this, investors should consider the future growth potential of this cryptocurrency. But what will be Bitcoin’s other use cases in the foreseeable future? Here are a few:

Back national currencies

The de-Dollarization debate currently rages across the world. Moving forward, it shouldn’t come as a surprise if different countries ditch the US Dollar in favour of Bitcoin s their reserve currency. In fact, a US presidential hopeful – Robert F. Kennedy Jnr – has hinted at the possibility of backing the US Dollar with Bitcoin if elected president.

Investment product

The Bitcoin futures ETF has seen a heightened increase in institutional investor activity. Should the US – SEC and more countries approve a spot Bitcoin ETF, you can expect to witness an unprecedented interest in the most valuable crypto from institutional investors.

Pay salaries/wages and taxes

Countries like New Zealand already allow companies to pay workers salaries and wages with Bitcoin. Moving forward, and as Bitcoin and crypto adoption go mainstream, you will see more companies resulting in BTC as a payment method. In turn, the internal revenue departments of different countries will most likely make it possible for their citizenry to pay their taxes using Bitcoin.

Store of value

Moving forward, you can also expect more individuals, institutions, and nations to ditch gold and other precious metals in favour of gold as their preferred store of value. Those may explained by the fact that while they are all highly effective stores of value, Bitcoin’s value appreciates at a faster rate than that of precious metals.

Is It Too Late to Buy Bitcoin (BTC)? – What Experts Say

The majority of crypto experts, analysts, and investors are bullish about the crypto industry. Most of these have even listed Bitcoin among the best future cryptos to buy today. They are certain that Bitcoin will sustain the overall uptrending price action and possibly set a new all-time high in the foreseeable future.

Below, we look at what industry experts and top Bitcoin investors have to say about investing in Bitcoin today.

Blackrock CEO – Larry Fink

Larry Fink is the CEO of Blackrock – the largest hedge fund company in the world, with more than $8.59 in assets under management at the end of 2022. Until recently, the financial institution that Larry heads warned investors against crypto, saying that these assets only appeal to “those who can stomach potentially complete losses.”

At the time of writing, however, Larry and BlackRock have changed their tune and are massively bullish about eth future of the crypto industry. The hedge fund not only introduced spot Bitcoin private trust for institutional clients but was among the six financial institutions that applied for a spot Bitcoin ETF with the SEC in June 2023. Larry is also on record saying that Bitcoin is digitizing gold and encouraging investors to consider using BTC and not gold as a hedge against inflation.

Microstrategy CEO – Michael Saylor

Michael Saylor, the co-founder of Microstrategy and arguably the most renowned Bitcoin maximalist, is also massively bullish on the top crypto. In a recent interview with Bloomberg, Saylor – whose company owns 153,233 Bitcoin argues that the pioneer digital asset is the “only institutional grade investable asset in the crypto space.” And while confirming why it is not too late to invest in Bitcoin, the Bitcoin advocate opined that “the next logical step is for Bitcoin to 10x from here, and then 10x again.”

Apple CEO – Tim Cook

Apple CEO, Tim Cook, is also bullish about Bitcoin. In a recent interview with CNBC, Tim argued said “it is reasonable to own Bitcoin as a part of a diversified portfolio” He also confirmed that he, too, owns Bitcoin and has been fascinated by its architecture that supports the creation of ledgers that cannot be replicated.

Tesla and Space X CEO and Twitter Owner – Elon Musk

Elon Musk and his electric vehicle company – Tesla – have also played a critical role in influencing BTC price action. Bitcoin’s price rally in early 2021 could partly be attributed to his decision to accept Bitcoin as payment for Tesla vehicles.

Though Tesla did eventually stop accepting BTC as payment for Tesla, the EV company still held BTCs worth more than $184 Million on its balance sheet at the end of 2022. Further, Musk has consistently voiced his support for Bitcoin investments on multiple occasions. He even confirmed that he, too, owns Bitcoin.

Where to Buy Bitcoin

There currently are more than 600 digital marketplaces and crypto exchanges. And you can buy Bitcoin from virtually all these trading platforms. But choosing the best place to buy Bitcoin from such a wide pool often proves overwhelming, especially for newbie investors.

If you are actively looking for the best exchange to buy Bitcoin and all the next cryptos to explode, you may want to consider eToro.

eToro started out as a forex and commodities trading brokerage and only integrated Bitcoin trading service in 2013. Today, several factors help the trading platform stand out among the best places to buy Bitcoin and all the best altcoins. For starters, it is a multi-regulated crypto exchange licensed and regulated by the likes of SEC, FCA, CySEC, and ASIC. It also enjoys a solid reputation for reliability, user-friendliness, and excellent customer support.

In addition to Bitcoin, you get to interact with 70+ other popular cryptocurrencies, such as Dogecoin, Ethereum, Solana, and much more. The exchange maintains a straightforward crypto investing process and provides all its clients with free and ultra-safe best crypto wallets that have never been hacked.

Further, eToro maintains affordable trading fees – fixed at 1% of the trading volume. Not forgetting that it lets you buy cryptocurrencies with PayPal, debit cards/credit cards, bank transfers, and popular eWallets like Neteller and Skrill.

eToro also appeals to both beginner and expert traders in many ways. It, for instance, integrates rich educational resources with different beginner-friendly guides. Here, you learn crypto basics like how to invest in crypto and about the best crypto wallets.

It also integrates a diverse range of advanced trading, analysis, and risk management tools that appeal to expert traders. Not forgetting, it lets both beginners crypto and pro investors earn passively via its copy trading tool.

Is It Too Late to Buy Bitcoin? – Our Opinion

If the steadily rising market dominance is anything to go by, Bitcoin remains one of the most sought-after cryptos to invest in today. And here are three reasons why we, too, believe it is not too late to invest in Bitcoin today.

First, we join the likes of Apple’s Tim Cook and Balckrock’s Larry Fink in marvelling at the revolutionary power that the Bitcoin blockchain brings to the world. We are also appreciative of the massive support the pioneer digital currency has received from the investing world. With the filing of multiple spot Bitcoin ETFs, the crypto Bitcoin is in the process of becoming a government-sanctioned mainstream investment product, which will only serve to draw in more investors while catapulting its price to unprecedented heights.

It is also not too late to invest in Bitcoin today, even though it has performed exemplarily well in the past. Most of the factors that influenced its meteoric value gain over the past 13 years are still at play and expect to continue fueling Bitcoin’s price uptrend in the future.

Lastly, Bitcoin’s price action has, for the longest time, been influenced by retail investors and minimal institutional investing. Moving forward, however, and as more countries approve spot Bitcoin ETFs, the market is about to witness the pouring of institutional investors, whose interaction with Bitcoin is bound to send its price skyrocketing.

Put simply, it is not too late to buy Bitcoin because analaysts and investors expect the price to continue uptrending in the foreseeable future.

Cryptoassets are a highly volatile unregulated investment product. 

Altcoins to Consider Buying Alongside Bitcoin (BTC)

Unmatched resilience and a hugely promising future have already booked Bitcoin a place in most crypto investor portfolios. To diversify this portfolio, especially if you are looking for outsized capital gains in the shortest time possible, we encourage you to consider investing in some of the hottest cryptos alongside Bitcoin. These include:

Ripple (XRP)

Ripple recently won a 2-year court battle against the SEC in a US Court. This case had stagnated the Ripple network’s growth and price – even ensuring that it missed out on the 2021 crypto market bull run. Now that it is over, we expect the number of finance and banking industry players looking to partner with Ripple to skyrocket.

Similarly, we expect Ripple to start price-correcting upwards steadily before breaking out into its biggest run yet during the next crypto market rally.

Cryptoassets are a highly volatile unregulated investment product. 

ApeCoin (APE)

ApeCoin is a relatively new crypto and the native token for the all-popular BAYC and MAYC NFT projects, the Otherside metaverse, and an upcoming NFT/metaverse-focused mainnet. APE has the backing of a large online crypto community consisting of regular investors, crypto influencers, and celebrities. APE thus expects to leverage this massive popularity and a possible revival of the metaverse/NFT/meme coin investing crazes to catapult its value to unimaginable heights during the next bull run.

Cryptoassets are a highly volatile unregulated investment product. 

Conclusion – Is it Too Late to Buy Bitcoin

The majority of crypto investors and analysts agree that it is not too late buy Bitcoin. Crypto analysts argue that Bitcoin is still a new technology whose popularity will continue rising. They also list it among the best cryptos to buy and hold, while attributing much of its hugely promising future to the rising adoption of crypto and blockchain technologies.

Crypto analysts are also confident that factors that pushed BTC’s price from $0.0009 in 2009 to more than $68,000 in 2021 will keep BTC’s price on an uptrend. New developments like the spot Bitcoin ETF, upcoming Bitcoin halving event, and critical wins against regulators like the SEC are, on the other hand, expected to catapult BTC’s price to new highs.

Reviewed and Fact Checked by Joshua Downes, Fintech, Blockchain Writer and Investment Analyst.

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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.