Topic: How I Missed Out of a 10 Year Bitcoin Investment Plan - page 4. (Read 1448 times)
Don't blame yourself that you missed a train before because there's no way we can predict the outcome in the first place. If you will just keep thinking about what you did in the past, you will just forever be struck on that thinking and will have difficulty facing the current trend.
Supposing I had invested those $500, which would set me back with approximately 2 Bitcoins, now I'd have a decent sum of money for myself and my family. Even if I'd held that small amount of BTC I had acquired, it would still be worth a few thousand dollars at least.
There are countless of people with similar experience like ours. The feeling of regret is hard to let go but we just have to. And that's what I'm trying to do. The guy who lost his hard drive of 7,500 BTC may probably never live normal life again if he refused to let it go, we just have to let it go and focus on the future.
My goal now is to look forward to new opportunities and challenges, in order to accumulate more Bitcoin in the long-term. Looking back won't solve anything at this point.
We have to face the present and learn from our mistakes in the past so that we can do better in the future.
Investment is not just for one time only, you can reinvest again if you have the money since money just come and go.
Most people should have to be like you who won't stay while looking back but instead looking in what you could do in the future. Most people are suffering from losses yet they still get up and continue living even though they have made a lot of mistakes and that should what we do.
at that time a lot of people missed out bitcoin including me and other people too because the price of bitcoin was still low and it was unthinkable that the price could soar drastically. people who join earlier in bitcoin at that time must have felt the benefits now. but nothing can change if we just regret it. take advantage of existing and currently owned bitcoins so that you can also benefit from it.
People who used to buy a lot of bitcoins were not necessarily able to hold their bitcoins until now, high fluctuations in bitcoin prices will certainly make the psychology of bitcoin users to be shaky. Of course there are those who sell some or all of them because they think the price is high enough.Whatever the price, there will be no regrets as long as it is the target that has been achieved. I used to have some bitcoins too and I sold them for around $4000 and they were already very high. There's nothing to be sorry for, bitcoin continues to be developed and many altcoins have a good future.
Supposing I had invested those $500, which would set me back with approximately 2 Bitcoins, now I'd have a decent sum of money for myself and my family. Even if I'd held that small amount of BTC I had acquired, it would still be worth a few thousand dollars at least.
There are countless of people with similar experience like ours. The feeling of regret is hard to let go but we just have to. And that's what I'm trying to do. The guy who lost his hard drive of 7,500 BTC may probably never live normal life again if he refused to let it go, we just have to let it go and focus on the future.
My goal now is to look forward to new opportunities and challenges, in order to accumulate more Bitcoin in the long-term. Looking back won't solve anything at this point.
Well OP you did not say if you had 50k to invest then and you didn't. That's the actual point where regret should come into place.
Yes, I'd have raise the $50k If I was totally convinced about the investment prospect. I'm not actually regretting though, just sharing the past experience and reminiscing the prospect.
OP forget about the past like everyone else said. Focus on building a firm that can you more fiats which inturn you will invest into bitcoin with your profits.
Sound advice. That's what I'm focused on doing going forward. Trying to raise some fists, convert to crypto, and repeat.Thanks for the comments.
2011 was indeed a very young age for bitcoin. Anybody would have thought that it was a scam to put such a huge amount of money in a digital coin.
So your actions are completely justified. But if you were an investor back then then you should have looked for such opportunities.
If I had a good amount of money back then and if someone would have told me about such an opportunity then I would definitely not put in $50,000 but would have invested at least $100 in it just for the sake of it.
As an investor, we need to have a mindset to reap on opportunities.
Well OP you did not say if you had 50k to invest then and you didn't. That's the actual point where regret should come into place.
Yes, I'd have raise the $50k If I was totally convinced about the investment prospect. I'm not actually regretting though, just sharing the past experience and reminiscing the prospect.
OP forget about the past like everyone else said. Focus on building a firm that can you more fiats which inturn you will invest into bitcoin with your profits.
Sound advice. That's what I'm focused on doing going forward. Trying to raise some fists, convert to crypto, and repeat.Thanks for the comments.
Well OP you did not say if you had 50k to invest then and you didn't. That's the actual point where regret should come into place. At that moment your spare funds was $1500 and what was the reason why your friend would reject an investment of $1500 into bitcoin that was at one dollar then these are question you should reminisce about instead of regretting.
Come to think of it, He concealed an intention which you don't know off. He saw you as a complete newbie and predicted that you have 50k to spare, he would have told you some endless stories about how the funds got lost or something else since he had more knowledge about bitcoin than yourself. The only angle where I would have accepted your regrets is, if he advised you to invest the $1500 and you declined.
On the second hand, he never told you how to invest the $1500 and make some profits for yourself even though when the price increases to $100 and you sold. That would have made you to see how transparent what he is teaching you for the first is, and also how it works in general because practical is the best way to learn.
OP forget about the past like everyone else said. Focus on building a firm that can you more fiats which inturn you will invest into bitcoin with your profits.
Come to think of it, He concealed an intention which you don't know off. He saw you as a complete newbie and predicted that you have 50k to spare, he would have told you some endless stories about how the funds got lost or something else since he had more knowledge about bitcoin than yourself. The only angle where I would have accepted your regrets is, if he advised you to invest the $1500 and you declined.
On the second hand, he never told you how to invest the $1500 and make some profits for yourself even though when the price increases to $100 and you sold. That would have made you to see how transparent what he is teaching you for the first is, and also how it works in general because practical is the best way to learn.
OP forget about the past like everyone else said. Focus on building a firm that can you more fiats which inturn you will invest into bitcoin with your profits.
Supposing I had invested those $500, which would set me back with approximately 2 Bitcoins, now I'd have a decent sum of money for myself and my family. Even if I'd held that small amount of BTC I had acquired, it would still be worth a few thousand dollars at least.
There are countless of people with similar experience like ours. The feeling of regret is hard to let go but we just have to. And that's what I'm trying to do. The guy who lost his hard drive of 7,500 BTC may probably never live normal life again if he refused to let it go, we just have to let it go and focus on the future.
at that time a lot of people missed out bitcoin including me and other people too because the price of bitcoin was still low and it was unthinkable that the price could soar drastically. people who join earlier in bitcoin at that time must have felt the benefits now. but nothing can change if we just regret it. take advantage of existing and currently owned bitcoins so that you can also benefit from it.
Everybody who heard of bitcoin in the past but had not joined was regret why they did not join bitcoin and bought many bitcoin at that time. It is normal to see that as many times we underestimate something that we do not know with details and tend to abandon it until we hear or see by ourselves how worth that thing is today or in the future. In 2011, I could buy bitcoin if I want but unfortunately, I left it without thinking about having an investment by risking some money to hold and forget it.
But I did not do that and was still busy searching for the other way to make money. That is a life lesson that many people missed in the past but we still have time to try to have more bitcoin in many ways. We should not let the chance leave us again before it is too late for us to take a seat in the bitcoin world.
But I did not do that and was still busy searching for the other way to make money. That is a life lesson that many people missed in the past but we still have time to try to have more bitcoin in many ways. We should not let the chance leave us again before it is too late for us to take a seat in the bitcoin world.
I think even those who believed in the technology themselves didn't imagine that the price of 1 BTC would reach more than $60,000 someday, or else they wouldn't have sold. They would have accumulated more instead. Even Hal himself who thought that Bitcoin could reach as high as $10 million converted a lot of BTC during his lifetime. Perhaps they considered the possibility of Bitcoin becoming very expensive as remote, so much so that they didn't think twice of selling when Bitcoin was as cheap as a hundred dollars.
I think no one knows or no one are expecting way back then that bitcoin market value will going to soar high like the current price. Every one has their own kind of story of regret that they did not able to catch up bitcoin at the time that it was affordable by many but in the case of OP I think if I am in his place way back that time I will be having a second thought also even let's say I am a professional trader of stocks and knowledgeable enough about trading, aside from the huge amount of investment which a bit sound shady if we will be in that place while we listen to him, crypto platform was just new that time.
Actually we do not know how high the Bitcoin prices can go and therefore we miss out on the opportunity. There are some people who do not invest in Bitcoin thinking it's too high in value and there are others who invest in bitcoin but sale too early and miss out on high gains. Both of these type of people will regret in future.
Don't stress yourself too much, quite a few of us have been in a similar position. I don't recall entering the Bitcoin scene in 2011, however, it was probably 2013 at most. I was a teenager back then, hoarding BTC from faucets, I had asked my parents to lend me $500 to buy Bitcoin, I don't remember its value back then, if I am not mistaken, it was approximately $200. They refused, however, while in the meantime, I spent most of the BTC I had acquired back then, buying Minecraft accounts and other digital stuff.
Supposing I had invested those $500, which would set me back with approximately 2 Bitcoins, now I'd have a decent sum of money for myself and my family. Even if I'd held that small amount of BTC I had acquired, it would still be worth a few thousand dollars at least.
Don't be harsh on yourself, be on the lookout for new opportunities in the future, learning from past mistakes.
Supposing I had invested those $500, which would set me back with approximately 2 Bitcoins, now I'd have a decent sum of money for myself and my family. Even if I'd held that small amount of BTC I had acquired, it would still be worth a few thousand dollars at least.
Don't be harsh on yourself, be on the lookout for new opportunities in the future, learning from past mistakes.
In 2009, I was 7 years old. I was a child. I not had any knowledge about crypto currency. And I not had any smart phone or internet. That's reason I missed to mine or invest Bitcoin.
people who have previously joined the crypto world or first got to know bitcoin must have felt the benefits now. If time could be turned back then I wish I could get to know bitcoin earlier and invest it. but we can't continue to regret it, investing in bitcoin today is no worse, we can invest bitcoin at any time as long as we can manage it well. so from now on it will be better if we invest bitcoin well with the hope that in the future the bitcoin price will be higher and continue to rise.
I personally know, at least, 10 people who became millionaires from scratch through their early investments in Bitcoin. That's more the reason I feel like I really lost a golden opportunity. Two things prevented me from invest the $1,500. 1. I had zero knowledge about Bitcoin back then. 2. I didn't want to go from behind, having just rejected an Investment proposal.
people who have previously joined the crypto world or first got to know bitcoin must have felt the benefits now. If time could be turned back then I wish I could get to know bitcoin earlier and invest it. but we can't continue to regret it, investing in bitcoin today is no worse, we can invest bitcoin at any time as long as we can manage it well. so from now on it will be better if we invest bitcoin well with the hope that in the future the bitcoin price will be higher and continue to rise.
Until now, it still haunts me that I didn’t know BTC several years ago. I only knew BTC sometime in the Q1 of 2014, and I think the price was like somewhere between $500 to $600. I was an unstable low income earner back then averaging only $200 to $300 a month, in which I can’t afford to buy 1 BTC (and had no idea that I could buy fractions of it known as satoshis). I simply created a Bitcointalk forum account, Blockchain and Coins.PH wallet, and that’s it. I fully ignored it until I came back in the mid-2017 and the rest is history.
I think we all are wishing that we know 5 years, 10 years ago, or at the moment that Bitcoin become available in the market. But too unfortunate and I think we have to accept that not all the time we're in perfect timing, not all the time that the opportunity is really for us. because if that is only possible, I think we are millionaires, a billionaire, or even more than that. We miss those days and so the cheap prices but at least, we don't lose everything as we still have the chance to take the opportunity. Might be late, but never been said we are too late.
Most of us here has a story or two to tell on how we nearly became millionaires 
Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement.
Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement. The price is that high now is because there are a lot of people missed the chance to the things is become rare, if everyones buy bitcoin at that time the price must be higher at that time too.
We were not buying because we don't think bitcoin will be so much valueable in the future, to make another chance means we have to find a coin that looks doubtfull and not valuable just like we saw bitcoin at the past, Buy those coins and wait for best luck in the future
Until now, it still haunts me that I didn’t know BTC several years ago. I only knew BTC sometime in the Q1 of 2014, and I think the price was like somewhere between $500 to $600. I was an unstable low income earner back then averaging only $200 to $300 a month, in which I can’t afford to buy 1 BTC (and had no idea that I could buy fractions of it known as satoshis). I simply created a Bitcointalk forum account, Blockchain and Coins.PH wallet, and that’s it. I fully ignored it until I came back in the mid-2017 and the rest is history.
Man I wish the Time Stone really exists lol.
Man I wish the Time Stone really exists lol.
Circa 2013 for me. Was a journalist and told to cover the Silk Road goings on. Did, even made a wallet and got some faucet stash to try it out (research, you know) but neglected to look deeper. My excuse was a painful experience with e-gold about a decade earlier, just saw this as yet another p2p currency that would inevitably get knocked over by the US government.
Would be 8 years into it by now had I dug deeper. But no regrets. 2016 became my entry point and my 5-year plan isn't the worst thing to admire =)
Would be 8 years into it by now had I dug deeper. But no regrets. 2016 became my entry point and my 5-year plan isn't the worst thing to admire =)
Most of us here has a story or two to tell on how we nearly became millionaires Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement.
Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement. Jump to: