Topic: Damn, I should've bought bitcoin earlier! (Read 476 times)

When it comes to future prices then no one could really be predict but basing on what are the things we are seeing now and in terms of potential then we can make out presumptions.
Regrets on not buying into those early times is one of the most common mistake that do commit out but due to unpredictability of the market then these mistakes arent really that surprising.
I should have bought earlier,these are common lines that if we had just know that bitcoin could go this far then we have bought lots of it while its still cheap as much as we can.
But doesnt mean that we are already late, we can still get in into the market and held for long term.

It's really hard to predict Bitcoin's next move. As a result, every time people think that if they buy before, they will get good results now. They always think it's too late but they don't want to realize that investing in Bitcoin at any time can be done with long term thinking. You will find many investors here who have sold their hold bitcoin a long time ago, even under $5000. So there is no point in regretting the past, set your position for the coming days now.

Those who know the true potential of Bitcoin have not sold their Bitcoin. The current price seems too cheap for them. So it is natural that not everyone can succeed with everything, many also miss huge opportunities due to their ignorance.

This is without a doubt true but just as there are those that regret not buying bitcoin earlier there are those that always point out to the fact that after the price of bitcoin skyrockets there is a crash and then they say things like bitcoin is dead and other similar stuff, this scares away people that otherwise would have come to the market and they avoid investing in it and then they keep complaining about the fact they did not bought any bitcoins, however I am not so sure that is a bad thing because people like that will sell their coins in panic when the price goes down and they will lose money anyway.

You are lucky to buy at $9,000 price but also looking at Op twitter archive representation, you see you bought late too and the question us if there is a late time to buy bitcoin. With different analysis, it is clear that bitcoin is still a new horn and has more growing space. The current price maybe high but will the price go lower or higher in 5 years from today. Another look at Op's post will give a clue.

I am one of those very lucky people. I bought bticoin when it dropped, not at 4k levels but under 9k I can tell you that, and look where it is right now, I made nearly 10x profit, at least got close to it, and I think I will make a bit more in the future because I believe it will keep going up.

Of course it was simple for me to make a profit now that I bought at a great place, but I am having hard time telling people to buy as well, I bought at great price, now it's over 50k and I think it will not make that kind of return, for people to make my kind of return price needs to at least 7x or so to say it was worth it and that is around 350k price which I think will not happen anytime soon. In the long run I am hopeful about what could happen, but I am still not telling people to buy, because they could at least pick some other coin with potential or wait for bitcoin to drop.

The picture perfectly illustrates the same as the narrative "Bitcoin's current price won't be that expensive in the future." Even if it means that Btc is trading at $60,000. The same narrative when Bitcoin first touched $100, $1,000 and $10,000.
Reality is that, most people thinks that Bitcoin is at it's peak everytime it hits a new ATH, which was proven wrong several times.

That's not even a chance for Him instead that tweet is for an idiot who don't learn from Mistakes and do it again ang again.
I have failed once in 2017 when instead of holding i sold all my coins in december and did not bought more in 2018.
but In March 2020 , i remember that mistakes and Do my things , bought at 4k and keep the holding even there's a time comes i badly need the funds.
and it works , you can see it now.

One of the famous lines of an investor who is hesitant to invest into Bitcoin when the opportunity to enter comes into him/her.

TBH, I missed to buy some Bitcoin in March 2020 when Bitcoin went down by almost half in just a few days. I felt regret that I didn't store any cash at that time and all of my money is already into Bitcoin and other coins. Now I learned with that mistake and stored some cash already so that whenever the next cycle comes, I will buy it at least at the lowest price possible and ride the wave . Just be patient and save some cash for it to happen. For sure it will happen in the next years just be ready.

The only way for this people to get in is to buy bitcoin no matter how much is the price is because waiting will only lead to more waiting, if you wait for it to go down, when is that down that you are considering to buy because we will never know that is the lowest price until it happened, and if you waited but then the prices go up, then you will be buying for less bitcoin because you were left behind and then the prices go down and you panic and sell your coin at a loss. Best thing to do is to get in as fast as you can.

It's probably way too late to get x100 or whatever amount people want to get in Bitcoin. I mean, even buying now and seeing it go to 1 million dollars, if it ever does, is "only" 20x but that's really perfectly okay. It's still 20x more than what you'd get for anything else. Fiat guarantees you lose value over time, so even if Bitcoin only ever stores that value and preserves it, you still win!

Doubts of buying never fade away up until now.
They have a lot of reasons for doing so. Before, "there is no future for Bitcoin". Now, "It's too expensive". For some, "It's too risky", "Volatility is a pain in the a*s".
It seems like they will never run out of reasons until regret sinks in. 
My one and only tip for them, better late than never.

And if it increases few years from now, people will utter the same line. So why not buy today, even in small portion, if you can afford to? But yes, you have to remember that a lot of possible things may happen, it may increase or decrease according to the market's sentiment. So if you will invest in crypto, make sure that you are prepared for possible situations that you may encounter. More than a decade already and every year, you will encounter the same line again. I guess, a lot of crypto users also are having that line. Or better yet, I should have not sold my bitcoin.  

Let us not give false hope to others who might want to enter at these time since they might wait longer than expected due to big companies that already enter crypto it will be hard to experience a big dip now unless they will leave crypto instantly which may not happen yet since they will sure want to gain more in crypto as time goes by and will influence other companies to invest into it too.Those who want to enter crypto now needs to find best way for them to earn even the prices were high maybe by having study trading before really putting their money into it for a less risky move.

No one could predict on what would be the future looks like even though we have missed out the train on making profits when we do hit new heights but doesnt mean that it will happen on upcoming years to come.
We dont know if we would experience a long very bearish run just like on what happened in 2018 and on middle 2020 year where everyone is really experiencing doubts and hesitance on making out investments.
Regrets or lines like these are common because we dont know the future and its up to someone who could took up the risk to buy on cheap coins in spite of the fear of everybody.
If you dont like to miss out opportunities then its better to take up risk.

You never know what the market will be next year, may be everyone gets a chance to invest again as majority are anticipating a major correction sometime this year and if that happens then everyone gets a chance once again to invest and then wait for the long haul till the market recovers again and since the market touched $60k we are almost certain we will touch those again .

I do agree that people are sad that they missed out on bitcoin, that's true. However let's not act like buying bitcoin today and buying bitcoin nearly 10 years ago are the same thing. If you bought 1000 dollars worth of bitcoin at 30 dollars each, you would have 300 bitcoins, that would be around 16 million dollars today if you did. If you buy 1000 dollars worth of bitcoin today, in order for it to worth 16 million dollars that would need to be something like 80 million dollars per bitcoin if my math is right.

So, we all know that we are way too late for making profits like that, people are sad that they missed on that chance and we are never going to have that chance. It's true that if you buy bitcoin right now and wait until it is higher you could make money, but we are not going to make profits like we did back in the day, we ain't getting that 500x return type of stuff ever again.

haha, reminds me of my coworker. In early 2019 I got a payout cuz the startup I worked at sold to a big company, I paid off loans with a third of it and then put the other two-thirds into Bitcoin, and put all my money from my paychecks at the new company into Bitcoin for the first couple months. So I LOADED UP at an average price of about $3500, cuz it was very obviously the bottom. Anyway, I told my coworker he should get in now and he said "I'll buy if it crashes again". I was like WTH?! It had just crashed the typical 80+% over a year, clearly ranging at the bottom of the market, and he said he'd only buy if there was another full blown crash on top of the current full blown crash! Some people just don't "get" bitcoin (or investing in general) so even though they always wish they bought in previously they always have an excuse why not to buy in at any given point: it just crashed so it'll crash more, or it's gone up I'll wait for it to crash, or it's at an ATH so it's a bubble I'll buy after the next crash (which leads back to the first excuse).

Reminds me also of my sister in law. In December I was trying to convince her and my brother to set aside stock investing for the time being and put a bunch in Bitcoin. My brother has a bit of Bitcoin but is only "allowed" a small amount of their income to make his own investing decisions, so most of what he has is from what he bought in 2017 and had only sold some of it. So, this is when the price was like $23k that I was trying to convince her. She said they can buy some if the price goes lower, and no doubt if it did go lower she would have had another excuse not to buy! She's reading books about investing to increase their portfolio, and meanwhile refuses to put any money in what has proven to be not just the best investment of the past decade but the best investment literally of all time, with no signs of slowing down! And it's not like she doesn't know anyone in crypto, literally her brother in law (me!) is now retired off of Bitcoin, so she has a family member to help her get educated on Bitcoin, and even her own husband knows some stuff about Bitcoin and puts a little money into it! Yet she just won't listen!

These are the type of people who will only buy Bitcoin once it is fully mainstream. They'll probably make their first Bitcoin buy when it's at like close to a million dollars.

What do you think is the percentage of people who are willing to wait 4-5 years to profit from something? I would conclude from personal experience and experience from this forum that it is not more than 25%, but even some of them have a problem - because after so much time they fail to find a seed, private key or password to access funds.

If we look at what the remaining 75% consists of, it's mostly the impatient ones who don't know what they're actually doing and find themselves in trouble very quickly - they lose their backup or become victims of phishing probably within 1 year. Of course, we should not forget the weak hands, because they are in a panic when prices go down by only 10%, and we know how convincing the mainstream media is when it comes to expanding FUD at the speed of light.

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I would say that it is not only a problem when someone invested in Bitcoin, but that an even bigger problem is that many did not take it seriously until the end of 2017 - and even then everything went even more in the direction of profit, and less and less in what Bitcoin was actually invented for.

Market is full of speculation and price predictions that seems very high, but taking into consideration the previous market cycle it looks like a possible value to be reached. Every user have the same mind, I could've bought earlier. Past is past, and now its time to act without delay. Maybe tomorrow you'll think of the same, we missed it again. Large companies participation is a big thing that will surely drive the price reach atleast double the value at present at the earliest.

There are time I feel the regret of not buying Bitcoin at the early stage, its hard to accept but we have to move on and to look forward with Bitcoin.

We cannot bring the cheaper Bitcoin back anymore, this market has grow a lot over the last decade and what we can do right now is to start adopting bitcoin, don't just buy better to understand Bitcoin as well. We are still aiming for more heights, you can still have bitcoin for a cheap price if you look for long term future of Bitcoin.

Many doesn't know the outcome thats why many or lets just say all.of us really want to travel back from the past and buy bitcoin at the cheap price to gain good cash from now. But seems those cheap things will not going back right now so take your position when dump came so that you will never say again "Damn I should've bought bitcoin earlier.

I have seen that before because my friends are saying about that.
That is why we will regret not investing in the bitcoin while the price is still at a low price and suddenly, in the next hours, the price starts to rally and jump to the high price.
If you can analyze the trend and found a sign where bitcoin will stay in the next hours or tomorrow, maybe you can prepare to buy bitcoin and hold it for a while.

Yeah, the thing is they don't know Bitcoin would grow this much big. I bet every time Bitcoin enters the bear market people who don't have strong resolve losing their competence or taking a break from it, this makes them lose the opportunity to buy at a cheap price. Now that Bitcoin showing great performance, the price is surging up that when that thought came in for them like "I should have bought Bitcoin earlier". But I don't think it is too late to go in because Bitcoin tends to grow even bigger as time goes by so why not do it now, pretty sure we're not yet at the peak so you would still be able to take profit.

Funny but true in a sense. How many of us who wish to have known bitcoin much earlier and invest on it? But then we have people who invest, then sold early so they regret it as well.

So I guess, it's not to late to join the party, we still have like 3 more halvings, that's good enough for the price to really soar in the future, 3 more bull runs, and probably we will see the price going x,xxx,xxx, 

Let me fix that tweet for you:

Damn, I should've bought bitcoin earlier!
Might as well buy it now, I guess.
 

I've seen a lot of this kind of behavior lately and that's why it’s wise for anyone considering buying bitcoin not to wait too long.

Most people that know me personally they all say that they should of bought bitcoins earlier. I told them they are cycles and to buy when there is a bear market. They said "contact me when to buy".

So basically back in 2015 when it was like $200 and in 2018 when it was $3500, I told these people that "everybody is fearful... might be time to buy" and there was always some excuse. Like in 2015 I remember people were saying "I will buy at $100 instead of $200" and during Nov 2018 crash they said "I will buy 3 digit bitcoin instead of buying it at $3500" and we all know what happens next. Some of these people ended up buying the top years later.

LOL, this is pretty funny, because I see this very often when the price of bitcoin is going up really high. there are so many who want to buy bitcoin, even re-studying crypto again to get that moment. however, to get that moment, I think they need to buy crypto assets little by little, and don't care about the situation. we don't know when the bitcoin price goes up again.

I think in some cases people know they should buy bitcoins right now despite the currently price, but at same time they don't have spare money to give themselves the luxury of risking money, as it may be necessary later for daily expenses. If bitcoin keeps rising it's good they will have a nice profit, but if bitcoin enters a bearish market they will have to wait a long time before seeing that money again (until a new bull run begins).

If people know that Bitcoin will be like this, all people will buy it. But because their knowledge is not enough so many of them decide to not buy it and as you say they will say "Damn, I should've bought bitcoin earlier!".

I think to say something like that can't change the circumstances, so stop regret the past and buy now for the future, so no more regret later

Sometimes I am confused by people who are still hesitant to invest in Bitcoin,  even though there is already a lot of evidence that the Bitcoin
price continues to increase. The longer we delay investing in Bitcoin, the more regret we will be in the future. Because the price of Bitcoin was
started from the time it was created until now the increase has been very drastic. How could such a profitable asset as Bitcoin still have people
doubting it. With the Bitcoin price hitting $ 61k this year, so many people regret not buying it in the first place. So from that we don't keep repeating
the same mistakes, start collecting as much Bitcoin as possible from now on.

Not all would really be ending up with that kind of mindset and not all would really be having the capacity to do so.You would really be needing that kind of
dedication towards crypto investment if you do like to survive all the anxiety that you can possibly experience when you do deal with these type of investment.
Stories of regrets and and those common words then this is been flooding the market every now and then when situations like bitcoin did reach a particular price point.
Lots do missed out that train but doesnt mean that it is already late for you to join the bandwagon.It is indeed the peak havent known yet which means
that we could still experience profitability.

Exactly multiple tactics
- buy now and hodl
- Buy now. Sell at 100-150k. Buy back 300 days after ATH.
- DCA buy $X every week/month and don’t look at price

Any of these are close to guaranteed >20x profits if you dare to wait 4-5 years....

Its still not late to get in, I always hear this now I wish I wish...well go buy.  The top has not yet been hit for sure.  As much talk that crypto has gotten in mainstream media it is just starting to hit peoples portfolio.  Once it's in everyone's we will be well past 5 figure usd bitcoin.  Buy now and buy as often as you can.

Many will regret especially those close friends that we have talked a lot and even told the story of our bitcoin journey, personally. But at the end, they have just ignored it. And the time that they'll talk to us again when it's too late for them to invest and willing to put money in the table with everything that they've got and hoping and asking us if they're still good to invest by that time. And to answer that question, we'll never know if we'll just ignore them or say invest what they afford to lose.

There will be several of those kinds of people where they regret when the price is up but won't do anything when Bitcoin's price goes down. They actually don't do any action or maybe they are just afraid of entering the market because they are risking their money which happens to several people who have entered the market only to experience a loss. IMO its never too late to enter the market as long as you are prepared to do a trade and take advantage of every price action, this might be something hard for a lot of people but if they want to enter the market at this point this is something they need to do.

This is completely true, I have witnessed bitcoin price cycles since nearly 2014, at that time I was watching Bitcoin remotely and I remember its price when I learned about it was about  700$, and every time when I saw the price of Bitcoin I was surprised, but when the price of Bitcoin exceeded  3000$, then I knew that there was something unusual Happening and decided to enter the bitcoin world.
Many people who watched the beginnings of bitcoin now regret most of their regret because they did not buy bitcoin at the time and keep it until now, also people at this time will regret it in the coming years if they do not buy bitcoin now.

Investing in Bitcoin will never be late, it is like the study, it has no age, at any time you can do it. Right now, Bitcoin has a very good price, but in some years it will have a better price, it can increase x2 x3 x4, no one can deduce it, but I have total conviction and assurance that it will.

Bitcoin, unlike the Stock Market, is like the safest action, the one that will give you benefits, it is the safe investment, some investors like Warren Buffet advise in their books that you should know how to choose the investment of the action that in a few years They will give you benefits and can even make you a millionaire, but the Stock Market has many shares of companies and corporations, it is difficult to decide which is the best, but the best investment  and safe will be Bitcoin.

Common words!

The thing here is that, do you able to see such opportunity  when the price is on that current state? Due to volatility of bitcoin then its normal that you would really be hesitating on buying out

specially on 19k point on where people are already hesitating because it is already in all time high level or shall we say on the peak price where everybody do believes that price would correct itself.

For those who do took risk then they are the ones who are really enjoying the profits now.Its really only a matter of risk on someones portfolio.

I still think that it is still early for bitcoin so probably these numbers could still increase after 10 years or even more up to a million dollars actually. One thing is certain at this point where the bitcoin supply is getting low and demand for bitcoin is increasing market the market price pump. But the growth of bitcoin this year is different because in the past year it just couldn't climb to 20k$ and then after that or in just a small amount of time the bitcoin is able to surpass 20k$ and then easily climbed up to 60k$. If we are gonna consider the growth of bitcoin these days we could easily double the price or of bitcoin reaching 200k$ or 500k$ after just few years.

Hindsight will always be 20/20 some people are realizing what an opportunity they have missed when they haven't bought Bitcoin earlier. The problem here though is they are regretting that opportunity they never have taken for multiple times already meaning they aren't really taking any chance to earn from Bitcoin, this will be an endless cycle for people who will just regret and regret and nothing else until they actually buy Bitcoin and risk it. Some scenarios I see why they don't buy is because they see Bitcoin going down eventually and they are afraid that when they buy Bitcoin it is the time where it will fall down, this is something that they need to go pass too and actually learn some technical analysis so they know when is the perfect time to buy.

Haha what a poor guy! I also regret selling my bitcoin in the past and trading recklessly then lose a large amount of money

Well, we should stick to the current path and wait for the next bitcoin cycle, as you say and it is the best to buy bitcoin after a big dip. I still looking forward to buy more bitcoin below $40000.

Bitcoin is the thing that no one could determine what will be the next move. That's the real issue during entering on it. That's is a normal thing that we regret about our past, it's just not about the Bitcoin, we encounter such as thought in real life. Upon increasing we just say why we hadn't bought, but during the dump, we also think why we didn't sell. So it will never end also volatility will never end as well. So there is no solution. It's quite complex for new small investors to enter Bitcoin lately. Because the price is almost out of range. But big institutional investors coming on the Bitcoin and raising price rapidly. A few months ago the price was dropped below $4K, I hadn't bothered to buy, but I am regretting that. Now above $50K still I am not buying, if price raised up to $100K then I will regret it again. That's life and it will repeat always.

Lately I have been thinking more about what will happen in the next cycle than in this one. For me Bitcoin is going to be at least a 4 year plan. Probably a lifetime plan, but for the next few years I'm not going to do anything but accumulate and hold (maybe spend some minimal amount).

If you look at the WO thread there are people who have been accumulating and holding for a long time and to this day have already achieved financial freedom or very good financial stability. They would not have achieved that if they had sold at every little rise in price.

You obviously miss the big picture if you think like that.

Moreover if everyone bought exactly at those exact "perfect" times, there would not be "perfect" times.

I assume you bought exactly at those "perfect" times?

Almost cried when I saw the bitcoin price at $61,000 last week myself because I invested my money heavily in agriculture and the wet season last year 2020 was really bad for us as farmers. the rainy season left us in early October where both cotton and beans really need the rainfall. hard luck for us

I failed to stay FOCUS on the bitcoin market and look closely at the bitcoin cycles. I made a huge mistake in 2020 

Actually we are afraid to invest on right time. Price may down anytime but it won't stay at the same all the time. We should take the opportunity when price drops. Investment on bitcoin is safe, secure, low risky and profitable. So, every time is okay for investing on bitcoin.

Damn I should have bought more 

It's me and maybe most of us all here experienced it. Too scared to jump in and always feel the price was too high to buy it now. Lol
If you don't want to keep that circle happen, just use DCA methode for collecting bitcoin as you may still thing the price was too high.

People will spend Bitcoin. Most people aren't just going to never use their savings. They save FOR something. Now of course they can also just sell it, but as it becomes easier and easier to spend (paypal, visa, etc) more people will actually spend it rather than selling it (though through these third party services of course spending is no different than selling really because they sell it for you). I mean I do agree that Bitcoin, being the best hard money humanity has ever had, is firstly a savings technology and secondly a spending technology, but the point of savings is to eventually spend it (or at least some of it).

Also the point of the tweet is that it is NOT risky to buy at ATH's. First off just being at an ATH doesn't mean it won't shortly be 10x higher. And if you're using Bitcoin for long term savings then it's never a risky time. You just Dollar Cost Average into Bitcoin to protect against possibly going significantly in to Bitcoin at a temporarily less advantageous time.

Yeah but part of the point is that new people only buy when the price is really high because that is when new people hear about Bitcoin. People aren't saying "Damn I should have bought Bitcoin earlier" when Bitcoin is down 80%, they say that when it has just gone up 1000% percent or whatever. Tweet isn't listing the best times to buy in the macro cycles, it's listing the main times when loads of people think to themselves "Damn I should have bought bitcoin earlier", and pointing out that it is never too late to buy bitcoin.

OK talking about next bitcoin bull but has not told us when that can happen if now or  when price has gone down like it happened in 2017. But with the current price of bitcoin, a reasonable trader can make some profit too by trading.  Certain to say that every trader wants the bull time but how to see it is what can't be determined. Op you have knowledge about the next bull?

This thread made me chuckle, because I was thinking much the same thing earlier this morning--not so much that I should have bought bitcoin earlier but that I should have held what I had.  Every time I spent it, sold it, whatever, it turned out to be a mistake over the years.  I coulda been rich!

Oh well.  I'm sure a lot of us are in the same boat.  And this is one of the reasons why bitcoin won't be a viable currency (one that gets used to buy and sell goods & services) until it becomes stable....which it probably will never be.  That said, I've already given up on the idea of bitcoin as money and see it as akin to what gold and silver are today, which are investments. 

Be careful buying bitcoin right now, though.  Any time you do that when something is at or near its ATH is super risky.

Those dates in the tweet were bad times to buy.  Good time to buy beside March 2020 when everything was cheap to buy was end of 2018. Also most of year 2015. Beginning of July 2013.  November 2011.  

All those were perfect times to buy. Next perfect time will be about year and a half from now.

One of the reasons people are knowing more about bitcoin and want to invest is because they are seeing bitcoin to be a digital gold, to me I see it as an asset that might even be superior to gold in some decades to come because its supply is limited, that is the advantage it has to physical assets and also because it can not inflate but deflate and people buying it to deflate more and more. The price can be seen high today, but within the next 4 years the price would have increased more after several price fluctuations.

Don't miss the next bitcoin cycle! Don't miss the next bitcoin bullrun! A lot of people are missing the best time to invest in bitcoin because they are focussing on other things, not the bitcoin market. You have to stay FOCUS on the bitcoin market all the time to get the maximum leverage. You need to stay FOCUS for the next bitcoin cycle to come.





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