Topic: Do you have any financial regrets ? (Read 849 times)

We cannot look into the future, so often our actions and deeds are erroneous, which we can later regret. Everyone makes mistakes, no matter how smart and wise they are. On this forum, probably, many regret either that they did not enter the world of cryptocurrency much earlier, or that they did not purchase bitcoins and other coins when they cost thousands of times cheaper, or that they did not take certain actions to buy and sell them during latest market growth in 2021. There will be many more such mistakes. It is important that we usually draw the necessary conclusions and learn from our mistakes.

yeah! it's amazing how our minds work, isn't it? It's just human nature; we all have habits we can't seem to break. Oftentimes, it seems as though we're fighting an internal war. How we can be so careless with our money is hilarious to me. However, who am I to pass judgment? It's inevitable, I suppose, given our human nature. Each of us is flawed and has our own peculiarities.. But hey, at least you have the self-awareness to know that you're not good with money! In other words, that's a good thing. You're not blind to your own flaws like those who choose to live in denial. You'll be fine as long as you maintain your Bitcoin 

It usually happens to me that whenever I receive cash and don't deposit it into my savings account, I tend to spend that cash until it's all gone. It's the same with those credit card holders that are irresponsible and their spending habits whenever they know that they've got money to spend.
I'm like that but with cash, that's why it is better for me to have no cash on hand because if I do, I'll surely spend it or there will be things that I may like to fill it with that money whether it is important or not necessary at all. It is like that and that's why when I receive money, as much as possible I deposit it quickly to my savings.

Stop comparing yourself to others, it will only trigger a negative feeling that will eventually make you self-pity. In fact, if you can’t still accomplish your technical course at the present, I guess it’s not the only way that you can get a high compensation. Improve yourself and develop your skills, and open yourself to a vast of opportunities around. That way, even if you won’t get your dream job, you can always make a living and earn from it from the different side hustles that will fit your skills. It might even surpass your expected profits later on.

Instead of forgetting you could still remember it, in order to learn from your past negative experiences, so you don't commit the same mistakes anymore futurely. That is the positive side of every mistakes: to allow us learning something new which will improve ourselves as individuals. About the technical course, well, it's never too late to accomplish that. Don't intimidate yourself by others who have already completed it and are earning tons of money. You can reach there too!

Life is about choices and we all are on the path led by our choices. It's not easy to talk about life regrets in general because we are/were in quite different situations. To make this thread easier, we just focus on the regrets in finances. I believe many of them can be lessons to learn from. I'll start first. Over a decade ago, I was living in a mega city of my country. At the time, the city was already a metropolitan place where you can meet all people over the world. Of course, the land was scarce and the price of housing was pretty high, nomal people could not afford to buy an apartment, let alone a house. However, one friend of mine was taking to a suburban area for an apartment, super nice but the neighborhood was not fully developed yet. The total cost of that departemtn was about $100,000. Well, I did not have that much money at that time but if I borrowed some from my parents and it was not a problem. Maybe because I was too young and did not get along with my parents at the time, I did not ask for that so I refused the offer and let go of that apartment. A few years later, the suburban area became part of the CBD and the housing price was going up insanely. Today, that apartment I missed is worth at least $1.2 million. Oh my... I hate myself for not buying that apartment every time I think about it.

Doubling your profit, I would say is not a bad profit. Considering that you have tangible asset which is real estate.
Most alts come and go and for me, what you did was a worthwhile investment going to real estate.
If you invested such amount in crypto, you have no assurance that you will get that 10x from that alt, what if the alt went down the drain before you can even sell your holdings?
Well, we have different perspective on things. Sometimes we can't see the value on what we have done. But don't get too hard on yourself.

I regret not to sell some tokens at the peak price last 2021. I lost about $300k unrealized profit and there is also another story. I have ever got decent amounts of money from participating in the ICO back 2018 and i used it all to buy real estate that's also my biggest mistake not saving at least some percent for the future hold. Crypto went crazy back 2021 and i might able to earn more than 10x from what i have sold in 2018. I only doubled it from my real estate investment which is a very bad profit.

Im now still stuck in my crypto investment. I dunno when i can get out from there. I just waiting for the price of bitcoin to recover back again to the 60k. That will enough for me to be honest.

Life is about choices and we all are on the path led by our choices. It's not easy to talk about life regrets in general because we are/were in quite different situations. To make this thread easier, we just focus on the regrets in finances. I believe many of them can be lessons to learn from. I'll start first. Over a decade ago, I was living in a mega city of my country. At the time, the city was already a metropolitan place where you can meet all people over the world. Of course, the land was scarce and the price of housing was pretty high, nomal people could not afford to buy an apartment, let alone a house. However, one friend of mine was taking to a suburban area for an apartment, super nice but the neighborhood was not fully developed yet. The total cost of that departemtn was about $100,000. Well, I did not have that much money at that time but if I borrowed some from my parents and it was not a problem. Maybe because I was too young and did not get along with my parents at the time, I did not ask for that so I refused the offer and let go of that apartment. A few years later, the suburban area became part of the CBD and the housing price was going up insanely. Today, that apartment I missed is worth at least $1.2 million. Oh my... I hate myself for not buying that apartment every time I think about it.