Topic: I have known Bitcoin and other currencies since 2014 - page 2. (Read 688 times)

I think there are a lot of people in the same situation as yours. I've personally also known about cryptocurrencies, not much to be honest back then in 2015-2016 but I knew they existed and had a general idea about what they are. I also started experimenting with buying them and trying to use them on different things. But I did not take them very seriously, not enough to start investing in them.

You shouldn't regret anything that happened in the past, especially something that didn't actually happen, which is you investing and hodling Bitcoin back in 2014. You most likely did not have enough experience into investing and knowledge about cryptocurrencies back then, so it was I impossible for you to invest your money into it. It seems like today you are in the same situation. If you've known Bitcoin for so long, then you already know it's history and from now on it's going to keep increasing for the next 5-10 years at least. If you don't take a decision now, 10 years from now you'll say the same thing you posted today.

Bitcoin has developed and has traveled in the crypto market for more or less 15 years, since it was first introduced by Satoshi Nakamoto, who is still mysterious and legendary, Likewise with Bitcoin users from time to time, it remains a mystery, those who have great faith and hope in Bitcoin, those who are successful in investing and trading Bitcoin, mystery becomes reality.

Bitcoin has seen big changes over time, from 2012, 2016, 2020 and now it is predicted that there will be another big change on 04/05/2024, this is a sign that anyone who knows Bitcoin well will have a good impact on themselves, Likewise with you, in the world of investment it is never too late, as long as you have confidence and the opportunity, that is the best thing for you to do, remember Bitcoin's growth continues to develop over time, hesitate to step back, dare to continue going further straight forward.

I have known about Bitcoin since 2015, but I was also not able to invest early. Mid 2017, I managed to accumulate a decent amount of BTC, ETH, and other cryptos but have sold majority of it last 2019, then afterwards I again started to accumulate up until now. For sure it is not always you who have regrets not investing early but if you would be realistic, you haven't invested because of a reason; it could be circumstances or just being afraid to lose which is just normal. Even if you managed to invest, how sure are you that you will be able to hold for years? Without selling any amount? It is not that easy. Keep in mind how volatile the market is and how unstable its adoption is, on many countries. It is normal to be scared or worried sometimes because money is involved; something we need on a daily basis.

You can always start again as long as you know what you are doing. You have said it already that you have high hopes for digital currencies, then prove it to yourself and not to other people. If you have the means to invest then feel free and don't rely with other's assumption. Make yourself ready with the possible outcome.

better late than never. However, this is a lesson for you, that to get big profits, we need to be agile and try the opportunities that exist. We will not change just by looking. However, by trying, we can find out what opportunities exist. If it's 2014, then you missed a lot of opportunities. However, based on experience, this opportunity always repeats itself every time a halving occurs or has occurred. Apart from that, you can also still take advantage of altcoins which are currently quite affordable for starters.

I first heard about Bitcoin when it was $40. I feel foolish now by not investing at the time. But it's never too late to invest in Bitcoin since Bitcoin will reach $1,000,000 per Bitcoin in the future.

You have said well and your case is not so different from many people's case, which includes me. I knew Bitcoin a year earlier than you and missed so much due to the lack of interest. I'd thought so painfully about this miss but I do not like to remember it anymore. I would have made millions of dollars easily by now if I had shown interest and taken that risk just like I do now, it is never too late, and the future of coins and tokens is still bright for us to gain from them. Although no one who missed buying Bitcoin at a very low price would enjoy that grace again, it is gone and gone for good, but if one can understand how it works so well, money can still be made, especially if they are good in speculation.

This is better than being pained by the lost money, better smartness is necessary in this regard. One has to know that Bitcoin is heavy already, investing in it at this high level may not be the smartest idea. The coin will surely move up but we have to ensure that we put safety first, and the plan on what to want from it has to be taken seriously. If it is all about the immediate money, one may not gain much anymore with Bitcoin, because if Bitcoin moves x2 again until its next bearish season (about $147,000), then the coin has indeed tried its best. I don't even know if it can reach that feat, so the amount to make henceforth can't be encouraging. Your plan on altcoin is a good one as well, you are diversifying and there are still many of them with good projects, and are still low. You may want to plan around them and get the best from them even as they move in multiples of their current price within the next year.

The OP was not fortunate to have invested in Bitcoin in 2014, when he could acquire it at a much lower price than now, but it is not too late, in my opinion. There is still time for the OP to invest in Bitcoin now because we believe Bitcoin has a bright future and will reach at least $100k after the halving, so if the OP is interested in Bitcoin, he or she can invest now because we anticipate a massive pump in the future.

Is it? I didn’t think it could be for merit purposes but if it is, he failed at it because this kind of post isn’t merit deserving at all. Though I found it suspicious which is why I asked him the questions about the account, I hope he answers me though so we know what happened to his previous account and why he sounds like a newbie (for someone who liked the forum a lot).

For many individuals out there, the concept of cryptocurrency has been known for quite some time now. Despite this awareness, numerous people have been unable to invest in Bitcoin or other cryptocurrencies for various reasons. It's important not to let this situation lead to feelings of depression or frustration. Instead, it's wise to continue educating yourself about the cryptocurrency space. By doing so, you'll be better prepared to make informed decisions when you do have the financial means to start investing.Avoid the common mistakes that many people make in the cryptocurrency industry, which often result in loss of funds. Remember, there's no specific time when someone cannot invest in Bitcoin. As long as you're willing to hold your investment for the long term before seeking profits, you can still benefit from entering the market.

 If you prefer short-term gains, it's advisable to enter the Bitcoin market when prices are low, particularly during bear markets. A prudent approach to starting your investment journey is to begin with a small amount using the Dollar-Cost Averaging (DCA) method. This involves purchasing Bitcoin on a regular basis, either monthly or weekly. However, it's essential to hold onto your investment for the long term before considering taking profits.

in 2017 many people are aware of BTC and crypto already but are very much skeptical and uncomfortable investing in BTC since they couldn't afford as 1BTC is very expensive already. the problem is that people only buy BTC when the market starts going up and the media are reporting it but when th price plummets again people leave without expecting that price could go up after years.

Yes his account is new and looking at his stupid post I don't think he knows about bitcoin and other cryptocurrencies from 2024. so I find it hard to accept his story as true. But I don't even care how true his story is because his story doesn't motivate or demotivate me in any way. so I always try to avoid such stories as much as possible. Because many people try to merit hunting through the stories I have seen before

Op there is nothing to advise here instead you are to advise us because you have known bitcoin since 2014 with other cryptocurrencies and that also might be a very big lie from the op. Bitcoin was created in the year 2008 and was launched in 2009 and it was the first cryptocurrency in this 22 century. And Ethereum was the second cryptocurrency that was planned in the year 2013 and creation started in 2014 and it was launched in 2015 so Op which of the altcoins are you talking about that you meant or known in the year 2014? If you want to learn bitcoin just come out plan to tell us that you don't know anything about cryptocurrency and you want to learn. We all know why your are here so you don't have to lie.

And if you want to learn then you have to read other people threads and also browse more things about cryptocurrency or bitcoin online. Read and make comments more than creating threads. That is one the best way to know more.

Ohh that's a good decision mate now you are investing in crypto which is pretty good enough and about your experience that you have a doubt before. Then now you are investing then all I cans ay Is that there's no late in investment . Maybe delayed but not late cause one thing for sure everyday is a beginning of our journey so it's better to invest yesterday, today and tomorrow.
Honestly I do regret today why I didn't knew Bitcoin before cause maybe I buy some coins and hold until date then maybe I got more profits.

Illegal activities have occurred long before Bitcoin was launched and even fiat currencies that have previously been used by most people are often used for illegal activities. In principle, illegal activities occur and are carried out by certain individuals and I never agree that Bitcoin is associated with these events, because if people don't do it, it certainly won't happen.

When people's involvement is based more on knowledge, there will be many ways for anyone to minimize risks. Relying on hype for a project they like can actually be risky because they don't study it properly, so it can cause problems when it is done and in the end they will experience losses.

You had an account on this forum or you were a visitor who liked the forum? Asking because your account is new. Anyways, what I think is that if you do not invest now, and you continue crying that you’re late, you’ll have even more regrets in the next 10 years. If you look at how Bitcoin has been going, it’s been breaking its ATH for so many years and the ROI is in millions. So, unless you think this is the highest Bitcoin can get, then you should invest in it. Don’t take this as a financial advice.

All these years,  you've have a solid idea about the market but ends up not doing the necessary things to push forward in the market, let's keep building ourselves to be independent. Investing in digital currencies, it's straightforward and I've witnessed how everything ends up playing out to our favour, not relenting but giving in my best to achieve this purpose. Cryptocurrency will always rewards those that have acknowledged and taking it serious. Crypto have become one of the promising sectors to depend on because it keeps steady flow of income and also the results are improving.

If you know Bitcoin in 2014 and you refuse to buy back then, don't tell me you didn't buy in 2017 crash to $3500? We had a crash of the post Covid peak from $12k to $4,000, don't tell me you didn't take that opportunity too! Well, such is life, not everyone likes to take risk which you did because even your account is new if we are to judge by the activity of the forum.

I like your motivation but hold up, you know Bitcoin is trading right now above $70k which is above the previous all time high. That's a big amounts of money you can mention to anyone and wouldn't say otherwise, I don't think Bitcoin will do what it has done in the past because let's assume Bitcoin should settle at $100k above, a 10x from there is going to be $1M and that's going to be massive, if Bitcoin ever get there my friend there is going to be problems coming from different angles to crash the price and the downfall from sell off wouldn't be good.

The other reason why a lot of people are hesitant to go into this market because of the notion that crypto and bitcoin are only being used in illegal activities. But when big companies like Microstrategy and countries like El Salvador are getting into bitcoin, I guess, a lot of people changed their perspectives towards crypto.

For people that will explore their chances in crypto, they should not be driven by hype or what is being said in social media but they should do their own studying of the projects they want to explore with particularly those coins they want to get a hold of.

The industry is growing especially for bitcoin which has found such wide adoption across countries. Initially people were doubtful because they thought this was a speculative asset, but as time went by people began to realize the advantages shown by bitcoin. Every action we take definitely has a risk impact and that's not just talking about bitcoin, but wherever we are and wherever the investment we make definitely has a risk impact.

As long as we can minimize the risk to a smaller one then there is no harm in starting because there is no success without risking it. Bitcoin will not be a risky investment if someone understands how because bitcoin has a repeating cycle that can bring someone to the stage of maximum profit. That is why knowledge is needed so that the investments we make do not result in losses due to wrong decisions.

Bitcoin is a good investment to go into but you have to understand that investing in Bitcoin you don't need to expect profit so quick as you invest in bitcoin.  Some people make the mistake of not understanding bitcoin very well,  thinking they can just start investing and be having good profit in bitcoin. The cryptocurrency market can never predicted to tell when profit can be gain in a specific time. Just have it in mind that bitcoin is a longterm investment which you can depend on the profit or expect it just from your imagination.

You can always invest in bitcoin at all time but one thing you need to know as you invest is to invest with the  money that you can afford to lose. Because you didn't have interest for bitcoin since when you know about it, don't let this mindset make you to feel as if you have missed a lot not investing in Bitcoin in the past.  Their is still more opportunities to gain from bitcoin not investing longtime before now does not mean their are no more opportunities to gain from bitcoin.