If you have believe in cryptocurrency then it’s never late to be in. Don’t get confused with Bitcoin and crypto. There are many cryptocurrencies in the market. Some of them like Ethereum, Litecoin, Ripple, IOTA etc. are also very promising and their prices are increasing at good pace. People are still expecting Bitcoin’s price to go further. Some are even expecting it peak towards 1 million USD per bitcoin. So, I think this is not the saturation of market. It is always a good investment strategy to distribute your investment in different Cryptocurrencies instead of putting everything in one basket. There are 100s of Altcoins (other than bitcoin) who are showing good growth these days. If you invest in more than one Cryptocurrency then even if one doesn’t perform well still you can make good returns if any of other perform good in the long run. So better strategy is always to distribute your investment among bitcoin and other Altcoins. And I don’t thinks its too late as still less then 1% of world’s population own some cryptocurrency. If you are considering purchasing some then still you are ahead of time than most of the people. You guys are on Steemit, which also suggests you are ahead of time not late.

Everyone should understand how the valuation of any cryptocurrency works. There is no intrinsic value associated with any cryptocurrency. The real value of Cryptocurrency is determined by the market. It is not controlled by any central bank. Cryptocurrency is controlled by an algorithm which cannot be changed by anybody. So, nobody has the control on how many such Cryptocurrency can be created in future. Most of the time, the total number is fixed. Cryptocurrency value is decided based on the relationship between supply and demand. So, it is of less importance to measure the real worth at any given moment. Its value can go up or down based on supply and demand. The value of most government-issued currencies is based on physical commodities like Gold, but cryptocurrency value is based on faith and fear. Any good news in the market can increase the value while any bad news will decrease the value. Government regulations, new legal rules, country-based restrictions, etc are the very important aspects in increasing or decreasing the g current market price of cryptocurrencies.