My regret for not adopting bitcoin earlier.

peter0425

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Quote from: Dr.Osh on October 10, 2023, 03:18:38 AM

Well, sometimes opportunities come right before our eyes, but we don't realize it. I think, very many people have stories like you have. Even people who had entered the crypto world and started adopting bitcoin at that time, have regretted selling their bitcoin too quickly. However, it can only be used as a lesson for what will happen next. We must understand that not everyone will take that opportunity, but we need to try to take the next opportunity.

Opportunity only Knocks once mate , sometimes we deny to grab it for some reason and then followed by regrets .
and actually we all had our own regrets in crypto , either selling at lowest price or buying in highest price.
but one thing that keeps bringing us here and that is the chance of making our mistakes correct.
by what? of course in buying more and more nowadays.
in which the perfect timing to purchase.
imagine that bitcoin even struggling to reach 30k and that is the perfect timing to buy.
if you really trust crypto and bitcoin , regrets will never be permanent.
instead this will be your guidance to sometimes take a chance and give it a risk , just to make you richer in the coming years.
I will always take my chances for now and the coming years.

Dickiy

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Quote from: Davidvictorson on October 11, 2023, 10:22:11 AM

I am responding to this in general and not specifically to the OP. What I think right now is that we should stop having regrets about so-called missing Bitcoin earlier. See bitcoin is still very very young and you're so early in the game. Look around your peers and you will see that a couple of them still do not buy the idea of Bitcoin, some others do not understand what it is and don't care. But look at you despite having regrets of not adopting bitcoin earlier you are still ahead of your peers and if you stick to the investment strategy in Bitcoin you would accumulate so much beyond your wildest imagination. Stay consistent.

Well true and indeed I think this is indeed a common problem that everyone, especially those who know bitcoin, will feel regret when they are late or miss the great opportunities that exist in bitcoin, one of which is by not adopting bitcoin at all from the start. As we know that regret will always come at the end and I think there is no point in regretting something that has been missed, anyway time will not return to the past but will continue to advance into the future which means there is really no point in regretting even until it drags on, it is better for us to think about what our plans are for the future.

If you really want the benefits of investing in bitcoin then it's never too late, it's true that bitcoin is still very young and that means there are still lots of opportunities that you can take advantage of. Therefore, if indeed you are already aware of all the things you have missed and it makes you feel sorry then I hope you can learn from your mistakes, start from now for future profits. And lastly if you really want to start then learn more about what bitcoin is, not just about the benefits but also with the risk of loss, besides that I hope you allocate money that will not be disturbed by other needs.

Asuspawer09

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Quote from: Justbillywitt on October 02, 2023, 07:32:41 AM

I was introduced to bitcoin in 2013 by my friend, but I was skeptical about it. Back then I believed it was one of those investment schemes that usually crash within a short period of time . My friend tried everything he could to make me understand that bitcoin is the future of money, but I gave him no listening ears, he got tired of talking to me about bitcoin. I was waiting patiently for the day he will come crying to me that bitcoin has crashed and all his investments gone.
But to my biggest surprise and to my loss, I have been waiting for over a decade now and bitcoin has never crashed instead it has been gaining popularity and global adoption. My friend who first told me about bitcoin is now a millionaire in dollars. This happened before my very eyes and I have been a regret for not listening to him when he was talking to me about bitcoin. I haven’t made any significant progress in my financial life since then, but I was presented with the opportunity to change my narrative ten years ago but I couldn’t. Today marks it exactly ten years since my friend talked to me about bitcoin. I decided to take the bold step to adopt bitcoin and spread the knowledge to others. After reading many articles about bitcoin I have come to realize that bitcoin is the future of money. I have also learned the bitcoin is not a get rich quick scheme. But I am ready to start up this journey with due diligence and continuous learning because knowledge is power. I will do my best to promote bitcoin to the people around me, to the villages and communities around my region. I’m doing this so that people will get to know the truth as I don’t want others to have the regrets I have today. I want to give people the same opportunity that my friend gave me ten years ago. I will do my best and the choice is theirs to make. I will never give up on my quest to spread bitcoin to others. So help me God!!

I mean we all have regrets about not investing in Bitcoin when it was still early I mean, to be honest it was really a tough investment at that time when Bitcoin was still not popular since there was really no proof of profit on it, so we dont really know that this cryptocurrency investment is actually going to be a trend or going to last for years, so for most investors we are going to think that it is some kind of scam or a big Ponzi scheme which is pretty normal in my opinion considering how risky cryptocurrency even today for sure back in the day those you get lucky to be a millionaire today have gambled and hold a big amount of money in the past years, it wasn't something like real state that is tangible and you know after a few years your investment is going to multiple its value, in Bitcoin it might now exist anymore this 2030 we dont really know what is going to happen.

Still the market is a big cycle so for if you really want to invest in cryptocurrency or Bitcoin there are always going to be a opportunity for you to start investing considering the all-time high was around 70k$ so there are always a huge room for you to still make a good profit, but compared to the early investors it wasn't something like 100x.

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Quote from: Crypto Library on October 10, 2023, 01:36:36 PM

I have seen a lot of such regretted public around me when I actually entered the Bitcoin or cryptocurrency world as I am still brand new so I have many senior persons who have been familiar with Bitcoin for a long time but they did not invest and now they feel this regret. As such I think most people will feel this kind of regret but I think it is foolish to remember the events of the past and feel regret, I think the time is not over yet even though it may not be possible to hold the same amount of bitcoins as before, but even if now a good strategy can may take you to a successful position in near future.
So I think it would be wise to take advantage of this opportunity now. By doing a proper dca management you strategize for long term and wait patiently as before bitcoin price was low I think bitcoin price is still much lower than that future price.

Arent we all caught in this cycle of should-haves and could-haves, especially with Bitcoin? Your remorse story is tired and frequent among seasoned observers. Retrospective review is educational, therefore calling it “foolish” is unfair. Investors look ahead, but they also learn from the past.

Now, your current strategy's somewhat blind loyalty to Bitcoin's future success creates an artificial issue: its compulsive clinging to its once-glorious past as a forecast of future performance. Using DCA excessively and waiting for an upswing is a gamble masquerading as strategy. Remember: Bitcoin is affected by global economic, technological, and regulatory changes. Broadening the investment horizon beyond a single, volatile organization may be the “wise” choice.

Youngkhngdiddy

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Quote from: Davidvictorson on October 11, 2023, 10:22:11 AM

I am responding to this in general and not specifically to the OP. What I think right now is that we should stop having regrets about so-called missing Bitcoin earlier. See bitcoin is still very very young and you're so early in the game. Look around your peers and you will see that a couple of them still do not buy the idea of Bitcoin, some others do not understand what it is and don't care. But look at you despite having regrets of not adopting bitcoin earlier you are still ahead of your peers and if you stick to the investment strategy in Bitcoin you would accumulate so much beyond your wildest imagination. Stay consistent.

It’s not too late to still invest in Bitcoin though, there are still other alt coin that can make you a millionaire just like Bitcoin did. Just that Bitcoin is the most common cryptocurrency we all know they are other crypto currencies we can invest in that can yield profit same way bitcoin did and the good thing is that most of these coins are still very cheap one can buy, if they can project high they will give maximum returns with time. Most of these projects are very profitable if you know the right one to invest in. $BNB for instance still a promising project that you can invest in when the bull market begins, Bitcoin and other crypto assets will be on a go. It not to late to take a piece of the national cake.
Be consistent and also be alert so you won’t miss out on other opportunities ahead. The space is broad enough and has a lot of potential opportunities for people. You just need to have the knowledge of the space. They are still people who are still making money even in this bear market despite the whole high volatility. That’s the interesting thing about the space you can make money in both ways as long as you have the idea and resources to build your profile.

Davidvictorson

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I am responding to this in general and not specifically to the OP. What I think right now is that we should stop having regrets about so-called missing Bitcoin earlier. See bitcoin is still very very young and you're so early in the game. Look around your peers and you will see that a couple of them still do not buy the idea of Bitcoin, some others do not understand what it is and don't care. But look at you despite having regrets of not adopting bitcoin earlier you are still ahead of your peers and if you stick to the investment strategy in Bitcoin you would accumulate so much beyond your wildest imagination. Stay consistent.

reagansimms

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Initially everyone will think like you, when someone doesn't know Bitcoin, of course it is very difficult to accept it, especially when it comes to initial capital. Don't ever blame yourself and regret what happened, your rejection of Bitcoin at that time was because you couldn't accept the presence of Bitcoin and your negative belief in Bitcoin was purely because you didn't have any knowledge about Bitcoin.
Now is the time for you to start everything that has been postponed, you are not too late in investing in Bitcoin because when you buy it, Bitcoin is still available on the market.

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It is very sad. If you had invested when your friend told you to invest in bitcoin, your situation would have been much better now. You might be a millionaire. but what else to do is done. Don't be sad about it. It's great that you have made the right decision now. Bitcoin is a type of asset. Which has no harm. It is a long term process. There is no loss in it. You first get proper understanding about bitcoin then hopefully you will shine a lot in this sector. But I want to say if you invest in bitcoin it will be for long term. There is no loss in bitcoin but it is also not possible to make a quick profit.

WatChe

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Quote from: Peanutswar on October 10, 2023, 08:15:15 AM

Investment with bitcoin also needs to consider have a plan because not all the entry is ideal to make an investment like currently with the market is in a bear market so the price does not varies too much the people because of the sideways price movement only scalpers are capable to make a good profit here, it will depends on the investor if they want to go for a long term like the statement above its good if you are going to long term investment right now we are near with the halving coming and its a good opportunity to make accumulate coins as possible so you could so for the next ATH you wont regret that you make an investment.

For me Bitcoin investment is profitable only if its for long term, there are rear chances of getting success if you are investing for short duration. As I said earlier that Bitcoin price was around 3500$ in Dec 2018 and after almost 3 years Bitcoin peaked at 67k$. The price was also up in 2019 and 2020 but those who showed faith in Bitcoin in Dec 2018 and kept it for long term got a good feast in the end. There is no point in hodling Bitcoin forever but its worth it to keep it for sometime. See the price history of Bitcoin and one will understand why its necessary to hodl bitcoin for long term.

JoyMarsha

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One thing I like most concerning bitcoin investment is that the opportunity to invest in it at any time is there. Anytime you feel like investing in it, you will be welcomed. And if you choose not to invest in it at the time you were told about it because of doubts or feelings that is a Ponzi scheme, it won't affect its price or block the opportunity for you to invest in it whenever you find out the truth about it(how it make someone millionaire).

As you have realized now, the bitcoin you knew as early as 2013, is still in existence today. What differs then and now is the price. The price of bitcoin in 2013, is not the same in 2023. There is a big price gap, between then and now. Those who will choose not to invest now, when they are been told about it, will still have the same opportunity to invest in years to come. By then, they will buy bitcoin at a high price

Crypto Library

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I have seen a lot of such regretted public around me when I actually entered the Bitcoin or cryptocurrency world as I am still brand new so I have many senior persons who have been familiar with Bitcoin for a long time but they did not invest and now they feel this regret. As such I think most people will feel this kind of regret but I think it is foolish to remember the events of the past and feel regret, I think the time is not over yet even though it may not be possible to hold the same amount of bitcoins as before, but even if now a good strategy can may take you to a successful position in near future.
So I think it would be wise to take advantage of this opportunity now. By doing a proper dca management you strategize for long term and wait patiently as before bitcoin price was low I think bitcoin price is still much lower than that future price.

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Quote from: WatChe on October 10, 2023, 07:04:44 AM

Quote from: Winterfrost on October 10, 2023, 03:59:22 AM

Stop worrying about what has happened and focus what is to come. There are many persons who were exposed to the opportunity but did not embrace it and they have moved on, even most of them are Bitcoin Maxist, Whales and so on. If you take a good look at their Bitcoin address you will find out when they made their first ever Bitcoin transaction.

Many of them who have wrong perception of Bitcoin and laughed at it as a scam joke. Now they are the ones talking about DCA and its strategy because they want to accumulated higher Bitcoin playing safe they know they cant afford to loose now. I have been reading post of regret in this forum for some time now and i don't expect the regret to stop either as people are still not joining the train.

Its never too late to start investing in Bitcoin. May be 5 years from now on we were regretting for not buying Bitcoin in huge quantity. There is no clear picture of where Bitcoin price will be heading towards. I remember seeing Bitcoin price of 3500$ in Dec 2018 and at time i didnt bought it because there were speculations that Bitcoin is going to be zero very soon. From my expeiriece I have learned that never follow speculations about Bitcoin price, just create your own strategy and follow it.
Its just useless to cry on whats gone, focus whats coming ahead. Halving is coming !!!

Investment with bitcoin also needs to consider have a plan because not all the entry is ideal to make an investment like currently with the market is in a bear market so the price does not varies too much the people because of the sideways price movement only scalpers are capable to make a good profit here, it will depends on the investor if they want to go for a long term like the statement above its good if you are going to long term investment right now we are near with the halving coming and its a good opportunity to make accumulate coins as possible so you could so for the next ATH you wont regret that you make an investment.

WatChe

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Quote from: Winterfrost on October 10, 2023, 03:59:22 AM

Stop worrying about what has happened and focus what is to come. There are many persons who were exposed to the opportunity but did not embrace it and they have moved on, even most of them are Bitcoin Maxist, Whales and so on. If you take a good look at their Bitcoin address you will find out when they made their first ever Bitcoin transaction.

Many of them who have wrong perception of Bitcoin and laughed at it as a scam joke. Now they are the ones talking about DCA and its strategy because they want to accumulated higher Bitcoin playing safe they know they cant afford to loose now. I have been reading post of regret in this forum for some time now and i don't expect the regret to stop either as people are still not joining the train.

Its never too late to start investing in Bitcoin. May be 5 years from now on we were regretting for not buying Bitcoin in huge quantity. There is no clear picture of where Bitcoin price will be heading towards. I remember seeing Bitcoin price of 3500$ in Dec 2018 and at time i didnt bought it because there were speculations that Bitcoin is going to be zero very soon. From my expeiriece I have learned that never follow speculations about Bitcoin price, just create your own strategy and follow it.
Its just useless to cry on whats gone, focus whats coming ahead. Halving is coming !!!

knowngunman

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Quote from: Justbillywitt on October 02, 2023, 07:32:41 AM

After reading many articles about bitcoin I have come to realize that bitcoin is the future of money. I have also learned the bitcoin is not a get rich quick scheme. But I am ready to start up this journey with due diligence and continuous learning because knowledge is power. I will do my best to promote bitcoin to the people around me, to the villages and communities around my region. I’m doing this so that people will get to know the truth as I don’t want others to have the regrets I have today. I want to give people the same opportunity that my friend gave me ten years ago. I will do my best and the choice is theirs to make. I will never give up on my quest to spread bitcoin to others. So help me God!!

It's normal to be skeptical on things that you have no idea about. Just like someone said in the earlier comments, the good thing is that you have realize your mistakes and you now will to learn from your mistakes. In this regards, I will advice you take things easy with the way you want to promote bitcoin in your locality. First of all, is bitcoin legally allowed in your country? If not, it will be a dangerous move to promote bitcoin recklessly that will end you up in government custody as someone who is against the government. And if it legal in your country, then you should not attempt to enforce it on anyone.

I like how your friend leave you alone to mind his business without forcing you to invest in bitcoin and allow you to realize your mistakes yourself. Don't assure anyone financial freedom by adopting bitcoin.

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Quote from: Gaza13 on October 09, 2023, 03:08:27 AM

Everyone must have the same thoughts as you say, you should wake up, don't need to worry or constantly lament the regret of not buying bitcoin in the first place, at least you already understand this asset, if you are confident in researching bitcoin, buy it now, this is the year which is good during the bearish phase to own bitcoin, enjoy it later when the bullrun arrives.

Exactly, because I am one of them, because when my friends were investing in bitcoin, I didn't invest because I was scared at the time, because there are many scammers who scam people when they invest in a site, which is why I decided not to invest with him later on and he made a huge profit with it and I regret not investing with him before I started having interest in bitcoin investment and I started learning about it and I invested money in bitcoin and I profited as well.

So now that you've realized your mistake in buying bitcoin early, it's a good time to buy bitcoin now and invest it for the long term to make profit when the price rises, and you'll see how bitcoin achievement will alter your life I don't see any regrets since in this life, some people must make mistakes before they can be successful.

Winterfrost

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Stop worrying about what has happened and focus what is to come. There are many persons who were exposed to the opportunity but did not embrace it and they have moved on, even most of them are Bitcoin Maxist, Whales and so on. If you take a good look at their Bitcoin address you will find out when they made their first ever Bitcoin transaction.

Many of them who have wrong perception of Bitcoin and laughed at it as a scam joke. Now they are the ones talking about DCA and its strategy because they want to accumulated higher Bitcoin playing safe they know they cant afford to loose now. I have been reading post of regret in this forum for some time now and i don't expect the regret to stop either as people are still not joining the train.

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Well, sometimes opportunities come right before our eyes, but we don't realize it. I think, very many people have stories like you have. Even people who had entered the crypto world and started adopting bitcoin at that time, have regretted selling their bitcoin too quickly. However, it can only be used as a lesson for what will happen next. We must understand that not everyone will take that opportunity, but we need to try to take the next opportunity.

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Quote from: bayu7adi on October 10, 2023, 01:56:24 AM

No one can truly predict the fate of Bitcoin a decade after its launch. Satoshi himself once stated that Bitcoin would have two possible long-term outcomes: either it would have an incredibly high value or no value at all. Yet, as time has passed, Bitcoin's price has consistently risen. With Bitcoin now being over a decade old and still experiencing significant transaction volumes, it suggests that there are more surprises to come in the years ahead.

Perhaps you missed the opportunity in 2013, and in reality, you're not alone in regretting decisions made during that time. I'm quite confident that many others also made mistakes in their choices when Bitcoin was still in its infancy.

And what's more important is that it's not too late for us to start again, so why do we regret the past without seizing the opportunity right away? Many people also missed out on bitcoin before, but when they realized it, they embraced it immediately and also achieved remarkable success. And we can do the same, so instead of regretting, let's start now.

Regretting the past only makes us waste time and does not make our future better. But if we invest and accumulate bitcoins now, we will smile in the future instead of continuing to cry the way we missed bitcoins in the past.

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Quote from: bayu7adi on October 10, 2023, 01:56:24 AM

No one can truly predict the fate of Bitcoin a decade after its launch. Satoshi himself once stated that Bitcoin would have two possible long-term outcomes: either it would have an incredibly high value or no value at all. Yet, as time has passed, Bitcoin's price has consistently risen. With Bitcoin now being over a decade old and still experiencing significant transaction volumes, it suggests that there are more surprises to come in the years ahead.

Perhaps you missed the opportunity in 2013, and in reality, you're not alone in regretting decisions made during that time. I'm quite confident that many others also made mistakes in their choices when Bitcoin was still in its infancy.

That's one of the reason why I don't regret why I don't adopt bitcoin on year 2009 onwards since no one knows if it became big like this and we cannot do anything happen from the past since it already happen. If we stick on the past thinking on things uncontrolled then maybe we cannot escape some negative thoughts on mind and just waste our time thinking about other unnecessary things. But since we already know how strong this currency and to many great things might happen especially that supply is limited then its good for us to take good action so that we would not miss those any big possible movements that might gonna happen to bitcoins again. Bitcoin is strong currency so we should try to focus on gaining more rather than thinking those unrealistic situations that came up on our minds.

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No one can truly predict the fate of Bitcoin a decade after its launch. Satoshi himself once stated that Bitcoin would have two possible long-term outcomes: either it would have an incredibly high value or no value at all. Yet, as time has passed, Bitcoin's price has consistently risen. With Bitcoin now being over a decade old and still experiencing significant transaction volumes, it suggests that there are more surprises to come in the years ahead.

Perhaps you missed the opportunity in 2013, and in reality, you're not alone in regretting decisions made during that time. I'm quite confident that many others also made mistakes in their choices when Bitcoin was still in its infancy.

Topic: My regret for not adopting bitcoin earlier. (Read 926 times)