My regret for not adopting bitcoin earlier. - page 4.

Smack That Ace

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Quote from: GiftedMAN on October 04, 2023, 05:49:30 PM

Op this is what I will say to you, there's no need for the regrets since you have realised your mistakes and have taken corrections besides it's never too late to invest just that the price of bitcoin is not the same when compared to 2013 when you were informed about bitcoin according to your statement, now that you want to invest, I think you shouldn't put all your money believing that you will become a billionaire just like your friend, bitcoin can make you a billionaire but not overnight you need to have good investment plans and knowledge to be able to understand the right investment you need to choose. As you plan to invest or maybe you have invested already, remember to invest with the amount you can afford to lose and be sure you impact bitcoin knowledge on any one you want to introduce to bitcoin before they invest too so they don't end up losing their money with wrong investment.

Even if he puts all his wealth into bitcoin and holds it for a long time, bitcoin cannot make him a billionaire, don't invest in bitcoin with that mindset. Bitcoin cannot increase 100 times or 1000 times, everything is in the past. We should be realistic that if we invest in bitcoin from now on, we will have the opportunity to change our lives for the better and less difficult. Becoming a millionaire or billionaire is not simply about investing in bitcoin or any other investment, it is a process that not many people can achieve. We are just small investors, don't be too delusional and then become greedy and fall into the trap of shitcoin.

Stella Mese

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regret always comes at the end and I see many people who regret not investing in BTC in the past and most people don't want to get involved with BTC because they think BTC is a fraud scheme or something detrimental to investing in BTC. .

But of course you are not too late to invest in BTC, especially now that the market is still not bullish and the market is in a period of recovery, but you still have to continue to learn about BTC and the risks of investing in BTC and if you share about this, you need to remember that there are no element of coercion.

DapanasFruit

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I am hoping that there can be a survey of those who are involved with cryptocurrency and see if they also feel a big regret for not getting into Bitcoin in its early years and how are they doing with it today. Now, OP should remember that a big majority of us here may have undergone the same big regret. I got involved with crypto also back in 2013 but it was not BTC but TBC a proven scam kind of a crypto project just like the OneCoin. I later on bought some Bitcoin but it was already at $500 level...unfortunately I also lost my holdings. I just realized that am not really destined to be rich with the help of Bitcoin.

virasog

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Quote from: Agbe on October 04, 2023, 01:21:48 PM

Op you don't have to regret for not starting early I didn't blame you because at that time scammer in the internet was on the peak, that is when most of the Mega schemes were introduced in the internet in the world and people invested big amount of money and they lost all. Many people are still observing bitcoin to know if it legit, I ma laughing them well it is not too late whenever they come we accept them to the technology because bitcoin is for all. Op you are not late but how serious are you is the big question. Now that bitcoin is still low, invest in it and hodle and you will not regret again because everything has a starting point and this is your starting point so utilized your starting point very well.

Even now one can adopt Bitcoin and still, he will be considered early in this market.

There is no point regretting any action which hasn't been performed before rather it is better to take action now, invest in Bitcoin BTC and be the one who is the adopter of Bitcoin.

Anyone who is looking to see the price factor of bitcoin, even then he should find himself in a good position buying bitcoin under 30K. The price of bitcoins is way lower than its all time high and we know that bitcoins always make new highs within the next 4 years.

panganib999

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Sucks to be the guy late to the party, but it's better than never even arriving here, so don't fret.

Forgot who said this but it's probably Warren Buffet, his saying goes like this: "The best time to invest was 10 years ago, the second best time is now". From that logic alone, you'd derive that there's no use crying over spilled milk, make of the situation what you can, but never give up just cause bitcoin's at the 30k ball park now. Imagine if people gave up investing when bitcoin was 30k bucks last 2020, will there have been a chance for bitcoin to reach 60k? I don't think so. Invest as early as you can, if you can't invest now, invest in the near future. No one's going to hate you for it, plus it's going to kill you less inside if you're to invest rather than wallow on your sadness.

deathcode

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The regret of not adopting Bitcoin earlier is not only you who feel it, but many people certainly feel regret for not getting involved with Bitcoin and taking advantage of it when it first appeared.
This has already happened and it's okay if you haven't been the chosen one to adopt Bitcoin in the early years of its emergence, because at that time Bitcoin was not yet able to prove that it would be as popular as it is today.
Even though the opportunities are getting smaller now to be able to own Bitcoin, even just 1 Bitcoin, that doesn't mean we can't take advantage of the opportunities that exist in Bitcoin, right?.
You might think that if you adopted Bitcoin when it first appeared then you would be rich now but believe me it won't be that easy, not many people are able to hold on to their Bitcoin until now.
Just so you know that in reality, many early adopters of Bitcoin also regret selling their Bitcoin when it has only increased several times, even though if they had sold it at the ATH in 2021, they would definitely be richer.
If you are now aware and want to learn more about the world of Bitcoin, then you are lucky because you can use the friend who introduced you to Bitcoin as a mentor to teach you. And in my opinion, instead of focusing on directly spreading it to other people, you should first focus on yourself to increase the knowledge you have.

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Quote from: usekevin on October 04, 2023, 05:21:54 PM

Many people come to know about the bitcoin at the initial stage,because it was spread like the asset at the first.Like the stock market bitcoin was considered to be the digital assets.But many people think like the scam at the beginning.Many people including yourself not accepted the bitcoin as an asset in 2013.So you had missed the biggest opportunity to by the most valuable asset for now as compared to the biggest stock in the world at low price.Still it’s not the huge delay to adapt to the bitcoin before the 2024 pump.

It is true that in the early days, people used to hesitate to take Bitcoin as compared to now. Besides, those who started partnerships lost their money due to big exchange scams. But now is the current era in which bitcoin is considered a decentralized form of finance in terms of a tangible privilege apart from gold as a currency.
I don't have any regrets about adopting Bitcoin. I believe that what time shows or teaches is written in the destiny of a person. It does not match the rewards and values of a person, and I am still happy that I adopted Bitcoin. And make a portfolio of millions of dollars with your small investment. I am proud of myself.

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Quote from: Silberman on October 04, 2023, 03:35:19 AM

Quote from: freedomgo on October 03, 2023, 10:14:22 AM

Move on, my friend. It's never too late. You were presented with the opportunity, and yet you didn't grab it. Actually, it's understandable, as it was still a gamble at that time. What if Bitcoin turned out to be a failure? Then you should not be regretting. Just do what you can do now; it's never too late. The market is still here, Bitcoin is still here, and it does not stop at the current price.

I'll tell you, why not accumulate now and save it for the next bull run? For sure, you'll enjoy a decent profit. Or try to train yourself to be a day trader. That way, you can seize opportunities regularly, as the market is still highly volatile.

That is exactly right, there is not such a thing as being too late, bitcoin still has a lot of potential and while it is impossible to buy bitcoin for a few cents and then sell it for thousands of dollars, there are still good profits to be had for those that are patient enough to get them, still it is better that a person is not completely motivated by the money, because if they are, then it is going to be difficult for them to hold their coins to obtain the profits they are looking for.

That is not a problem anymore if an investor has a proper investment plan. Let's say an investor plans on buying $100,000 worth of bitcoin, and the goal is to sell it when it reaches a value of $1 million. Then there's nothing to do after buying but just to hold the bitcoins.

It's only hard if that money is not fully allocated for investment purposes only, as an investor might be tempted to sell it when unexpected financial emergencies occur. This is usually the reason why we deviate from our investment strategy. Emergency funds should be separated from investment funds so that things will go smoothly.

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Quote from: usekevin on October 04, 2023, 05:21:54 PM

Many people come to know about the bitcoin at the initial stage,because it was spread like the asset at the first.Like the stock market bitcoin was considered to be the digital assets.But many people think like the scam at the beginning.Many people including yourself not accepted the bitcoin as an asset in 2013.So you had missed the biggest opportunity to by the most valuable asset for now as compared to the biggest stock in the world at low price.Still it’s not the huge delay to adapt to the bitcoin before the 2024 pump.

Trus and Information seems to be the reason why many people never saw Bitcoin as a valuable asset 10 years ago. Yes, too many blame themselves for not knowing it but the opportunity is still there. Well, I could say that investing today is quite late but still we have the chance. In fact, the volatility and market corrections seem to be the way to enter the market but sadly, some people never take this opportunity, they even wait for the dip. The funny thing is that even though we have this opportunity already, doubts are still on their minds.

GiftedMAN

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Op this is what I will say to you, there's no need for the regrets since you have realised your mistakes and have taken corrections besides it's never too late to invest just that the price of bitcoin is not the same when compared to 2013 when you were informed about bitcoin according to your statement, now that you want to invest, I think you shouldn't put all your money believing that you will become a billionaire just like your friend, bitcoin can make you a billionaire but not overnight you need to have good investment plans and knowledge to be able to understand the right investment you need to choose. As you plan to invest or maybe you have invested already, remember to invest with the amount you can afford to lose and be sure you impact bitcoin knowledge on any one you want to introduce to bitcoin before they invest too so they don't end up losing their money with wrong investment.

usekevin

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Many people come to know about the bitcoin at the initial stage,because it was spread like the asset at the first.Like the stock market bitcoin was considered to be the digital assets.But many people think like the scam at the beginning.Many people including yourself not accepted the bitcoin as an asset in 2013.So you had missed the biggest opportunity to by the most valuable asset for now as compared to the biggest stock in the world at low price.Still it’s not the huge delay to adapt to the bitcoin before the 2024 pump.

goldkingcoiner

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Quote from: josephsonand on October 02, 2023, 08:40:06 AM

Hindsight's a tough teacher, right? Don't beat yourself up; many of us had our doubts about Bitcoin at first. The important thing is, you're embracing it now. Welcome to the crypto rollercoaster, my friend!

^
I totally and completely agree with this guy.

The important part is not to be too hard on yourself if you missed your chance to invest into something really exciting. But that is not your fault. You cannot see the future. Blaming yourself for not investing earlier is psychologically counterproductive and we are not able to see the future and if we were, nobody would be rich because everyone would have the same ability and nobody would be able to gain an advantage.

Lets just all be happy that we embraced Bitcoin before it unfolded its full ROI potential. And it will. But until then, we will keep on hodling and gathering more and more. Cheesy

Ultegra134

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Quote from: 0t3p0t on October 03, 2023, 11:14:27 AM

Quote from: josephsonand on October 02, 2023, 08:40:06 AM

Hindsight's a tough teacher, right? Don't beat yourself up; many of us had our doubts about Bitcoin at first. The important thing is, you're embracing it now. Welcome to the crypto rollercoaster, my friend!

Exactly. I started mining Bitcoin through faucets I think that was 2014 because 2013 was the year that a supertyphoon hit my place and left us nothing but mess. I quit mining because I realize that it was just a waste of time earning satoshis for an app or site that do not literally pay in other words scam. I never thought of investing into Bitcoin that time because of FUD. I am new to crypto and has limited idea on it. I met Bitcoin again in a forum and forget and yeah for the third time I encountered Bitcoin I made my journey here on this forum and that is the time I got the real one and realize how stupid I am to ignore the signs.

Faucets were also my introduction to cryptocurrencies, and in particular, Bitcoin. It would take me hours, if not days, to earn a few dollars worth of BTC, amounts that were then insignificant, only to be proven wrong a few years later. Who knew that the $5 worth of BTC that I spent on a Minecraft account then would be valued at more than $1,000 a few years later?

Anyway, let's leave all these sad stories in the past and focus on today and building your future. Regretting doesn't lead anywhere OP; it's never too late to purchase Bitcoin. The current period isn't too bad either; you still have decent chances to yield significant results, possibly within the next two years. I've made plenty of mistakes in the past that, if I could go back in time and change, I'd be in a very different position today. However, staring at the past won't change the future. Move on; you still have great opportunities if you act now.

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Quote from: Justbillywitt on October 02, 2023, 08:32:41 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!!

Unfortunately, there are many people who didn't buy btc in time, and, in general, that's the sad law of successful investments: most people don't think that project will be successful at the start. And it also works in an opposite way - projects with massive acceptance often ruin expectations and fail to bring some profit. As for btc, I think that btc can bring hodlers some profit in a couple of years, but, in general, the overall potential is reduced in comparison with what it was some time ago...

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Quote from: josephsonand on October 02, 2023, 08:40:06 AM

Hindsight's a tough teacher, right? Don't beat yourself up; many of us had our doubts about Bitcoin at first. The important thing is, you're embracing it now. Welcome to the crypto rollercoaster, my friend!

Same thoughts here. There's no point now bringing in what you've missed in the past. Forgive yourself for what you think is a bad decision. Just know that BTC has a lot more to offer. There are a lot more opportunities now and you can use that experience as a frame of reference not to miss that kind of opportunity again.

It won't be easy either. Be it you are investing or trading. It will be challenging but it will surely be worth it because it is the generational wealth that we all are battling for in the market.

Agbe

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Op you don't have to regret for not starting early I didn't blame you because at that time scammer in the internet was on the peak, that is when most of the Mega schemes were introduced in the internet in the world and people invested big amount of money and they lost all. Many people are still observing bitcoin to know if it legit, I ma laughing them well it is not too late whenever they come we accept them to the technology because bitcoin is for all. Op you are not late but how serious are you is the big question. Now that bitcoin is still low, invest in it and hodle and you will not regret again because everything has a starting point and this is your starting point so utilized your starting point very well.

Sophokles

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Quote from: bhadz on October 03, 2023, 10:53:19 AM

Those were like the golden years when too many Ponzi schemes existed and that's why if someone is legitimate sharing knowledge about Bitcoin, we can't blame those people like you and even me in the early days for thinking that it's something that I should avoid and put a red flag on it. It's not just you who has that story but if you go through the past pages of this section, you'll see how many of the same stories were there that they introduced Bitcoin as early as they could but ignored it and then regret that they should have listened to those people that introduced them to Bitcoin. But, we can't adjust time and can't go back in the past. What we can do is to focus on that mistake into making the right decisions by getting involved to Bitcoin now and starting our journey through holding and accumulation.

The whole community and media were so negative that if you started talking about Bitcoin with a group of people they thought you were going to promote a Ponzi scheme idea with them. The market was excessively volatile and investing in bitcoin was considered to be like gambling. The situation has changed significantly and the market is more stable and mature. Now people consider the correction as a healthy movement in bitcoin.

qwertyup23

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Quote from: josephsonand on October 02, 2023, 08:40:06 AM

Hindsight's a tough teacher, right? Don't beat yourself up; many of us had our doubts about Bitcoin at first. The important thing is, you're embracing it now. Welcome to the crypto rollercoaster, my friend!

This is perhaps the shortest advice yet meaningful and complete.

Like what I have mentioned before, the best time to invest in cryptocurrencies is the day you discovered its existence. As soon as you found out and learned about it, then that should be the sign for the person to invest in order to maximize the gains that one would be receiving. With its volatility, BTC is the better investment both for short or long-term depending on your goal.

While I may have regrets of not investing sooner, I will not make the same mistake of doing nothing and maximizing this opportunity for the future.

Ale88

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Quote from: Justbillywitt on October 02, 2023, 08:32:41 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!!

Everybody makes mistakes, you're not alone. Unfortunately I didn't know bitcoin back in 2013, I would have discovered it only a few years later and I decided to invest some money almost immediately. Had I discovered it years before who knows, maybe I would have just ignored it because I was younger, with less knowledge and less money, it's impossible to say. So don't beat yourself up, at least know you know why bitcoin can change your life, some people still don't get it.

koang

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We all look to find the best way to make money, but unfortunately, when we have found it, we deny it.
Denying something new will be easier than accepting it, especially if it is about money.
There are many people out there who also have stories similar to yours. Some of them are my friends.

However, you are right here now. This forum is the right place to understand crypto better.
Welcome on board...

Topic: My regret for not adopting bitcoin earlier. - page 4. (Read 894 times)