Topic: How I wish i knew about Bitcoin before now - page 6. (Read 884 times)
When we get into the crypto bubble it's sometimes hard to remember that, in the grand scale of things, we all are still at the beginning of this whole journey. See, BTC is ideal for long-term holding and with crypto moving forward in every cycle, in 10 years looking back on this period will seem like the super early stages. So don't worry, you weren't early, but you sure as hell ain't late.
I've written this before, but be careful what you want, because the market reset you imagine might be the beginning of the end, because if, say, the price falls below $1000, how do you think most people would react to that?
+1Honestly, majority of people that are thinking stuff like "I wish I knew about Bitcoin when it was very low" would be scared shitless if BTC drops below $1,000 and would probably thinking about selling what they have instead buying more. I remember last year when BTC was around ~9k and I had to urgently sell some so I asked all of those friends that were pestering me in the late 2017 when price was around then ATH, and none were interested. Naturally, year later when BTC went over 40k same people contacted me again, asking if I am willing to sell some.
I just hope the market can reset so I can buy more from a good price.
If you only think about money and profit from the standpoint that you could have bought 100 BTC for $100, then you are definitely late, like 90% of others who didn’t know that BTC even existed 10 years ago. But such thinking does not lead in the right direction, because it makes no sense to cry for spilled milk but to look to the future.
I've written this before, but be careful what you want, because the market reset you imagine might be the beginning of the end, because if, say, the price falls below $1000, how do you think most people would react to that?
Anything under $100k is cheap, just as it was before with $1000 or $10 000.
Of course this is not financial advice, just my personal opinion.
Many of us feel late to knew bitcoin and we are regret that we do not seriously find more information about bitcoin.
But we do not have to feel sad because we still have more time to earn bitcoin and take benefit of bitcoin and we are not too late.
Many of us dreamed of backing the old-time to take as many bitcoins as we can and prepare our days to sell it higher at this time.
But it is already happening and we can not turn back to that time but we can do whatever is necessary from now on by keep trying and not give up to have more and more bitcoin.
I am sure we can have that chance and you know what, as long as we can try hard, we will have many bitcoins someday.
But we do not have to feel sad because we still have more time to earn bitcoin and take benefit of bitcoin and we are not too late.
Many of us dreamed of backing the old-time to take as many bitcoins as we can and prepare our days to sell it higher at this time.
But it is already happening and we can not turn back to that time but we can do whatever is necessary from now on by keep trying and not give up to have more and more bitcoin.
I am sure we can have that chance and you know what, as long as we can try hard, we will have many bitcoins someday.
We all asked ourselves this question at some point.
If only I'd known about bitcoin a year ago, or two years ago, or 3 years ago... and so we can continue until the very beginning of bitcoin
This way of thinking is not productive and does not help much.
Ask yourself what if I hadn't heard of bitcoin 3 years ago but just 2 years ago, or maybe this year?
A lot of people are going to be asking themselves the same question in five or 10 years, and they're going to envy you for starting bitcoin long before they did.
Bitcoin has its cycles, ups and downs, and will always be a good time and the right moment to start with bitcoin.
What is much more important than the right moment to enter crypto is a smart and long-term strategy of investing in crypto and a good exit strategy.
If only I'd known about bitcoin a year ago, or two years ago, or 3 years ago... and so we can continue until the very beginning of bitcoin
This way of thinking is not productive and does not help much.
Ask yourself what if I hadn't heard of bitcoin 3 years ago but just 2 years ago, or maybe this year?
A lot of people are going to be asking themselves the same question in five or 10 years, and they're going to envy you for starting bitcoin long before they did.
Bitcoin has its cycles, ups and downs, and will always be a good time and the right moment to start with bitcoin.
What is much more important than the right moment to enter crypto is a smart and long-term strategy of investing in crypto and a good exit strategy.
We cannot go back to the past. We all have the same thoughts and regret about this "I wish I've invested early, I knew bitcoin...." thing.
Just move on and in the next years, people who have just recently know bitcoin will tell the same thing, that.. they wish they knew bitcoin in 2021.
Just move on and in the next years, people who have just recently know bitcoin will tell the same thing, that.. they wish they knew bitcoin in 2021.
How I wish I knew about Bitcoin before now, before my previous discovery about the existence of Bitcoin and Blockchain interface which seems late to me. If I had known about Bitcoin during it's early stage, I don't think I will be in the same level that I am now. sometimes I do imagine the net worth of people that had stored Bitcoin in there fortfolios since the early stage of Bitcoin existence till now that the price had gone really far from the dip. I will not ague/blame those of us that are just investing in Bitcoin as a late comer and I know that many are still going to concur to Bitcoin existance.and adoption later soon.
With this step I've taken to invest more of my funds in Bitcoin I hope and believe that I'm going to benefit more like the early adopters who believed in Bitcoin. I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
Those who got into BTC in 2018 said it's already too late just like what you saying now, think about the next 10 years for BTC mate I think we are not too late we are still early, make a plan and start storing those satoshi's With this step I've taken to invest more of my funds in Bitcoin I hope and believe that I'm going to benefit more like the early adopters who believed in Bitcoin. I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
We all wish we knew this is what the future had for us ,people would have emptied their bank accounts and sold their houses and all valuable assets just to buy the cheap coins of 2009 and sell them 10 years later when price is on the moon. Unfortunately investments don't work in retrospect or wishful thinking, its a lesson learnt that we need to risk a little if we want the fruits to be sweet.
Equivalent Network Time
People who joined Bitcoin market since 2016 or 2017 should feel how scarcity of Bitcoin now. After every block halving and every 4 year cycle, we should feel Bitcoin becomes more scarcely. The fact is total supply of Bitcoin is finite and we all know it. It's just our feeling about the scarcity of Bitcoin changes after every halving and after every upwards increase of Bitcoin price.
Please read that topic, you will see two big facts:
People who joined Bitcoin market since 2016 or 2017 should feel how scarcity of Bitcoin now. After every block halving and every 4 year cycle, we should feel Bitcoin becomes more scarcely. The fact is total supply of Bitcoin is finite and we all know it. It's just our feeling about the scarcity of Bitcoin changes after every halving and after every upwards increase of Bitcoin price.
Please read that topic, you will see two big facts:
- In 2032, 99.2% of Bitcoin supply will be mine
- Miners will have to spend more time to mine 1 Bitcoin.
What the OP needs to do is to take action so that he doesn't regret what he does about Bitcoin in 10 years. At the moment he seems to be on the right track as he says he is investing more in Bitcoin. All that remains is for him to hold and not sell at the slightest FUD. Many do not realize it, but we are still at the beginning of the S-curve, so in 10 years there will also be people like the OP wishing they had invested in Bitcoin 10 years ago.
He should think more about what is going to happen from now on instead of regretting the things he can no longer change.
He should think more about what is going to happen from now on instead of regretting the things he can no longer change.
You are not alone here, there are many like you who feel the same but you should always remember you are still in time. Bitcoin has not yet reached the moon. Keep accumulating more and keep HODLING. There have been many instances where early adopters got frustrated and used all of their Bitcoins. Therefore never go for short term profit and always remain calm and have patience in this field.
Well if you stop thinking of bitcoin as a cash cow meant to be invested in only to make you rich and if you stop wishing for the price to go up then you start realizing that it is never too late to adopt bitcoin and start using it. Whether bitcoin is worth $1 or $10 million or whether its price stops rising right here won't make a difference, it still does what it was meant to be used which is to be a decentralized currency.
You are regretting today, someone else will regret it after 10 years. And this trend will exist forever. Because even a few months back Bitcoin prices were below $10K, but sadly I didn't accumulate Bitcoin during that time. But now I am wondering if I were accumulated a Bitcoin then I would be a millionaire now in my country. To be honest there is no specific perfect time to enter Bitcoin. You enter now mean it was the perfect time for you. Doesn't necessary to regret that. But before enter your all assets in Bitcoin please research more and more. So you would learn how to avoid loss from Bitcoin.
Let's be honest here mate, a lot of us here wouldn't stick around with Bitcoin in the early stages simply because there's not much information out there early on, and the community was still small. And yes, I'm guessing that even I wouldn't be interested. It's just easier to stick around right now simply because the community is now huge and we got so much beginner content out there.
Not to mention the high chance of us selling after a huge crash. We know right now that bitcoin can bounce back after a crash simply because it has done it a lot of times already. But back then? Who knows if bitcoin would go back up.
Not to mention the high chance of us selling after a huge crash. We know right now that bitcoin can bounce back after a crash simply because it has done it a lot of times already. But back then? Who knows if bitcoin would go back up.
How I wish I knew about Bitcoin before...
Many of us have the same wish. I also share your wish. However, I guess we're only wishing this because we already knew the current situation of Bitcoin and how successful it has become. But I still don't think we would acquire a lot of Bitcoin had we known it during its earliest days. It was hard to appreciate this technology during those days when you don't have enough background in cryptography or programming. How many of us actually encountered Bitcoin much earlier and didn't give a damn? Would you be hoarding a lot of Bitcoin back then even when it didn't have a fiat price yet?
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
I bet yea, you'll still not buy. Do you know how many times the market reset in the pasts years yet those who were sad of not buying in early still didn't buy, let me give you some hint as the reset are called corrections yet many still will ignore either due to FUD or in hopes of further corrections instead of seizing that opportunity and getting hold of some cheap Bitcoin.
Few weeks back Bitcoin was trading below $30k after falling more that -50% (after losing half of its trading price), did you buy? I guess you must have been waiting for more drop. Last year Bitcoin fell to trading price below $4k and instead of buying, fud was the order of the day.
Instead of dueling on what you have missed, while not concentrate on what you're likely going to profit from the future by buying Bitcoin now. It's never too late. We're still among the earliest adopters.
How I wish I knew about Bitcoin before now, before my previous discovery about the existence of Bitcoin and Blockchain interface which seems late to me. If I had known about Bitcoin during it's early stage, I don't think I will be in the same level that I am now. sometimes I do imagine the net worth of people that had stored Bitcoin in there fortfolios since the early stage of Bitcoin existence till now that the price had gone really far from the dip. I will not ague/blame those of us that are just investing in Bitcoin as a late comer and I know that many are still going to concur to Bitcoin existance.and adoption later soon.
You're not late mate, if you believe in Bitcoin existence, you can still have a profit when the price goes up. For example, we're now at the current price of $47k at the crypto market, if you will invest at this moment and wait for how many years or after a year, the price could be double or triple from the price where you have bought, it could be $100k or more than that. Unfortunately, Bitcoin didn't have promises like this, it all depends on the demand and supply that becomes Bitcoin more expensive in years passed. Quote
With this step I've taken to invest more of my funds in Bitcoin I hope and believe that I'm going to benefit more like the early adopters who believed in Bitcoin. I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
Lucky for them but I think most of them that actively monitoring their portfolio have been sold their Bitcoin, IDK if there's someone who holds from the early stage until at this moment. Reset is impossible to happen, the Bitcoin system has its own protocol that no one could change, the price was based on us, holders. The more who accumulate it becomes the price fly high. 
sometimes I do imagine the net worth of people that had stored Bitcoin in there fortfolios since the early stage of Bitcoin existence till now that the price had gone really far from the dip.
A lot of them sold their bitcoins very early, either at the slightest dip or increase in price. There was no crystal ball to know how many h it would grow in value or price history to use as a template. Most people who regret buying early would have probably sold as early too.I just hope the market can reset so I can buy more from a good price.
In ten years time, it would probably not matter if you bought at $20k or $50k.How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
The banks and government understand Bitcoin and that's the main reason they are antagonists, as it challenges their control over the global finances. 
Just know that it is never too late, but the gain might not be like the past time, but do not find it surprising to see Bitcoin price getting over $100000 or more. It is a store of value, all-time-high will be attained as more people are getting to understand the big opportunity missed while they do not want to fully miss the opportunity. See more investors, see more price high is all I know, so invest, if the price fall, invest more, the price will rise and reach all-time-high. But, know that if you will have to invest, you will have to be very patient and do not panic when price go downtrend.
How I wish I knew about Bitcoin before now, before my previous discovery about the existence of Bitcoin and Blockchain interface which seems late to me. If I had known about Bitcoin during it's early stage, I don't think I will be in the same level that I am now. sometimes I do imagine the net worth of people that had stored Bitcoin in there fortfolios since the early stage of Bitcoin existence till now that the price had gone really far from the dip. I will not ague/blame those of us that are just investing in Bitcoin as a late comer and I know that many are still going to concur to Bitcoin existance.and adoption later soon.
With this step I've taken to invest more of my funds in Bitcoin I hope and believe that I'm going to benefit more like the early adopters who believed in Bitcoin. I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
With this step I've taken to invest more of my funds in Bitcoin I hope and believe that I'm going to benefit more like the early adopters who believed in Bitcoin. I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.
Jump to: