My regret for not adopting bitcoin earlier. - page 6.

lombok

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Quote from: SquirrelJulietGarden on October 02, 2023, 09:46:30 PM

Quote from: lombok on October 02, 2023, 09:40:55 PM

Correct. And the most memorable thing is that when we told our family and friends, many didn't believe it and underestimated it.

If you have ever talked about it to your friends, relatives, you will have painful experience because I beg that most of them will not believe in what you are talking. More painful, they even think you are a scammer.

It was more painful when my family said it was useless and a bit dismissive. However, after my father knew better, they became a little interested in miners, because one of their friends was a miner. I agree, but I say that to do mining we need extra money at the start. And we also have to survive no matter what the Bitcoin market conditions are. And until now my father is still thinking and learning more about miners.

Quote

You even don't have to reveal yourself to your friends or relatives that you are a Bitcoin investor. It will break your privacy that in my opinion, should always be hidden and protected as best as possible.

If they know it, let them be, don't talk to them anything. If they need your help, they will knock your doors and ask you. Then if you are ready, you can help them but I am against idea to proactively give them any lecture.

I still have a low profile about my investment in Bitcoin. They only know that I work in online media as a translator or more precisely freelance.

Alpha Marine

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Don't regret not becoming a millionaire through Bitcoin all those years ago because you do not know how things might have played out if you bought Bitcoin then. There is every possibility you would have sold off your Bitcoin at $1k and taken home so much profit at the time.
Every one of us that didn't take advantage of the opportunity all those years ago wish we had but there's nothing we can do about the past. We use the past to shape the future.

Don't see Bitcoin as something that can turn you into a millionaire. I agree that it can be your investment but don't hope on it to turn you into a millionaire.
Take advantage of the advantages that Bitcoin brings. A shield against inflation, the decentralization. You get to have absolute control over your money, a currency that knows no borders, belongs to no government, and much more.

You're here now, move on from the past, learn from it, and focus on the future.

CryptoBuds

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Quote from: sokani on October 02, 2023, 10:28:25 PM

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

I understand the feeling because some of us here made the same mistake, we didn't buy when we were introduced to Bitcoin while some of us didn't take our Bitcoin investment seriously and we sold it early or lost it in our attempt to double it. If there's anything I've learnt about life is not to wallow in my past but to make the future counts. So I don't think you're late if you grab a bag now and hold because no one knows the future of Bitcoin in the coming years. Use DCA and be filling your bags gradually, and I'm sure in years to come you will be very proud of your decision.

If we talk about regrets in the past, we have thousands of regrets, not just bitcoin, but life is always moving forward, the past is the past we cannot change. What is more important is that we do not let the mistakes of the past repeat themselves. Everything is just starting, it is still very early to invest in bitcoin, and whether we really want to correct our mistakes or not is up to us to decide. Don't let us come back here 10 years later to regret it again, it would be a travesty for the world.

Many people also missed bitcoin in the last 10 years but they took the opportunity to fix things, I hope OP will do the same instead of whining and doing nothing.

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Quote from: Quidat on October 02, 2023, 05:28:12 PM

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!!

Lots or tons of people had made out on the same mistake on which they had hindered out on investing on Bitcoin because they do really have those thoughts that it might really be just some another online scam which i couldn't really blame them on because after all the frauds and shit things online then you would really be that skeptical on believing on anything and this is why when it comes to those golden opportunities then we do most likely be able to miss that one up and its very common. You arent the only one who had missed out on making themselves that getting rich because even myself
had those kind of regrets on the time that i had known Bitcoin then its price is something that $100+ but i do still hesitated on making out some investment and buying out even a single
coin and now i havent been able to accumulate even 1 Bitcoin which seeing those main wallets that i have used on earlier years, then it do really leave me on keep on regretting on what i had just missed.

Do our regrets from the past obscure our ability to identify chances for the future? He who hesitates is frequently lost in this world of digital currency, where volatility is king, but he who jumps in headfirst without thinking things through could also perish.

Because it was invisible and digital, Bitcoin was questioned, but nowadays, isnt the majority of our fiat currency also held digitally? We have no hesitation with bank numbers displayed on a screen. I find that intriguing. It raises questions about the nature of perception and trust in the economic environment, doesnt it?

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

I understand the feeling because some of us here made the same mistake, we didn't buy when we were introduced to Bitcoin while some of us didn't take our Bitcoin investment seriously and we sold it early or lost it in our attempt to double it. If there's anything I've learnt about life is not to wallow in my past but to make the future counts. So I don't think you're late if you grab a bag now and hold because no one knows the future of Bitcoin in the coming years. Use DCA and be filling your bags gradually, and I'm sure in years to come you will be very proud of your decision.

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If you regret it, maybe everyone will feel the same way, but the main goal for now is to make a profit from Bitcoin, why regret it because the market will move bullishly and bearishly. Instead of regretting it, now in the bearish season we can make good use of it by investing as much as possible, don't wait for the price to fall again and buy it, because no one knows when the price will reverse. and after that if the price turns out to fall again we can buy it back, I think that kind of strategy system is a good one for investing

mamesso

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You can never change the past, Now is the time for you to make amends for your past mistakes by changing your future. Your attitude of ignoring all the information about Bitcoin that your friend gave you was due to your limitations in Bitcoin technology at that time, your thoughts were more on failed investment schemes so you couldn't see all the advantages that existed in Bitcoin investment.

Now is the time for you to start a new journey after discovering the truth of how valuable Bitcoin is in your life. You are not alone in assuming that it is too late to take part in Bitcoin investment, there are still many active users on forums who think they are too late. It's never too late, as long as you still have the opportunity to channel the knowledge you have gathered now, it means you are still lucky because there are still many people out there who don't know Bitcoin.

SquirrelJulietGarden

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Quote from: lombok on October 02, 2023, 09:40:55 PM

Correct. And the most memorable thing is that when we told our family and friends, many didn't believe it and underestimated it.

If you have ever talked about it to your friends, relatives, you will have painful experience because I beg that most of them will not believe in what you are talking. More painful, they even think you are a scammer.

Quote

It wasn't until they realized that Bitcoin was becoming more popular on local TV shows and saw what I could do and buy with Bitcoin that they became interested. But I was cold to them, because I was afraid they would want to invest or buy bitcoin with the mindset of making money quickly/big profits.

You even don't have to reveal yourself to your friends or relatives that you are a Bitcoin investor. It will break your privacy that in my opinion, should always be hidden and protected as best as possible.

If they know it, let them be, don't talk to them anything. If they need your help, they will knock your doors and ask you. Then if you are ready, you can help them but I am against idea to proactively give them any lecture.

Quote

It's no secret that Bitcoin is so volatile and violent. For ordinary people, they will feel a loss if Bitcoin falls freely. Therefore, I only give advice and bitter experiences. If they are interested, please continue, otherwise it means they don't want to learn and look for further information.

Everyone in this space will start with doubt, uncertainty and surely fear too but a more time they are in this space, a bigger belief they will have about future of blockchain technology and cryptocurrency market.

If blockchain technology is a great one, serves the human society to make it better, the cryptocurrency market will be here to stay and by staying over the years, it will become bigger and stronger.

lombok

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Quote from: flyingcarpet on October 02, 2023, 03:44:21 PM

Quote from: lombok on October 02, 2023, 01:04:22 PM

Keep it up. It's never too late to invest. Maybe you will get what you want if you continue to do good and spread useful knowledge. I am sure that the incident you experienced will be your biggest motivation in catching up.

Regarding this, I also regret with what I am do in 2014, I worked as a translator on a crypto site and was paid 0.4 BTC every months, then I sold it at that time just for fun, now I regret that the current price of BTC can be used to buy a house and a car Cry

We all have stories about Bitcoin. Some of us were introduced to Bitcoin a long time ago. Some of us have recently been introduced to Bitcoin. What we all have in common is that Bitcoin gives us all hope to change our lives. This hope always keeps us close to Bitcoin.

You were introduced to Bitcoin a long time ago and you had the chance to accumulate Bitcoin and sold it. You haven't been able to break away from Bitcoin since then. This is perhaps the biggest impact of Bitcoin on our lives. Bitcoin will always be with us.

Correct. And the most memorable thing is that when we told our family and friends, many didn't believe it and underestimated it. It wasn't until they realized that Bitcoin was becoming more popular on local TV shows and saw what I could do and buy with Bitcoin that they became interested. But I was cold to them, because I was afraid they would want to invest or buy bitcoin with the mindset of making money quickly/big profits. It's no secret that Bitcoin is so volatile and violent. For ordinary people, they will feel a loss if Bitcoin falls freely. Therefore, I only give advice and bitter experiences. If they are interested, please continue, otherwise it means they don't want to learn and look for further information.

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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!!

Lots or tons of people had made out on the same mistake on which they had hindered out on investing on Bitcoin because they do really have those thoughts that it might really be just some another online scam which i couldn't really blame them on because after all the frauds and shit things online then you would really be that skeptical on believing on anything and this is why when it comes to those golden opportunities then we do most likely be able to miss that one up and its very common. You arent the only one who had missed out on making themselves that getting rich because even myself
had those kind of regrets on the time that i had known Bitcoin then its price is something that $100+ but i do still hesitated on making out some investment and buying out even a single
coin and now i havent been able to accumulate even 1 Bitcoin which seeing those main wallets that i have used on earlier years, then it do really leave me on keep on regretting on what i had just missed.

albon

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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.[...]

If you lose a golden investment opportunity like the one your friend recommended ten years ago, fortunately, the opportunities do not end with Bitcoin. As you mentioned, Bitcoin is the financial future. With its increased adoption by major countries and companies, it is expected that it will give new ATH again, so you must have sufficient courage, patience, experience, knowledge, and sufficient capital that you can afford to lose because Bitcoin, as you also mentioned, is not a get-rich-quick plan and its price fluctuates from time to time. Still, if you hold Bitcoin for the long term with patience and trust in its promising future, develop your skills, and set your plans and goals, then you are on the right way.

It is possible that 10 years from now, we will find many people who regretted it like you and ignored the advice and recommendations of you and others because they missed the opportunity they have now before the price of Bitcoin exploded. Therefore, every time and period, Bitcoin has discounts in its price, and the winner is the one who buys at the bottoms and in the shadow of the discounts, and waits patiently for the peaks and the bull market.

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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

Don't worry, the media tried to portray it this way and make people believe that it's a scheme, a scam, then when they couldn't prove it they turned to calling it a bubble, a worthless collector's item that will fade away. Next, they were trying to appeal to your sense of justice, because why should some people become rich all of a sudden, when others are poor. Why should bitcoiners drive expensive cars, it's just not right! Then they tried to show us all as heartless people who waste energy.

Look how many angles off attack they found and none of them worked. Now the most recent one is regulation.
Fine, it's not a scam, not a bubble, it's 50% renewable energy, countries are adopting it... but it's all for nothing because it's going to get banned eventually and you'll all have to do KYC. Cheesy

Welcome to the forum, better late than never!

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Quote from: lombok on October 02, 2023, 01:04:22 PM

Keep it up. It's never too late to invest. Maybe you will get what you want if you continue to do good and spread useful knowledge. I am sure that the incident you experienced will be your biggest motivation in catching up.

Regarding this, I also regret with what I am do in 2014, I worked as a translator on a crypto site and was paid 0.4 BTC every months, then I sold it at that time just for fun, now I regret that the current price of BTC can be used to buy a house and a car Cry

We all have stories about Bitcoin. Some of us were introduced to Bitcoin a long time ago. Some of us have recently been introduced to Bitcoin. What we all have in common is that Bitcoin gives us all hope to change our lives. This hope always keeps us close to Bitcoin.

You were introduced to Bitcoin a long time ago and you had the chance to accumulate Bitcoin and sold it. You haven't been able to break away from Bitcoin since then. This is perhaps the biggest impact of Bitcoin on our lives. Bitcoin will always be with us.

lombok

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Keep it up. It's never too late to invest. Maybe you will get what you want if you continue to do good and spread useful knowledge. I am sure that the incident you experienced will be your biggest motivation in catching up.

Regarding this, I also regret with what I am do in 2014, I worked as a translator on a crypto site and was paid 0.4 BTC every months, then I sold it at that time just for fun, now I regret that the current price of BTC can be used to buy a house and a car Cry

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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

It's never too late to start adopting Bitcoin. You took a wise step and realized that Bitcoin is the future of money. But it confuses me a little bit that you waited 10 years for your friend to when he lose his money. Like, see what is the price of bitcoin now and in 2021 and compare it to 2013. You missed a good opportunity if was in your place and my friend suggested investment in Bitcoin I was done it at that time. I am not discouraging you but i just trying to explain to you how much big opportunity you missed and want the other forum users if they find an opportunity like this never miss it.

Also, it will be a little bit difficult for you to convince other people towards bitcoins. Bitcoin is widely spreading and adopted but still, there are people who see Bitcoin as a scam I don't know how you will do that but if got succeed in it then it will be your biggest winning.

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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!!

Many people today regrets not buying bitcoin 10 years ago when it was first introduced to them doesn't mean if they had bought at around that time they wouldn't have in a haste sold when it made $0.09 to $19345 from between 2010 -2020.

https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp

Looking at the history of bitcoin price No time is late is in buying bitcoin what matters is how mentally strong you're in HODLing not to sell as the value increases.

There are those who bought bitcoin in 2010 but sold their coins when it made some profits after and today seeing the price value of bitcoin they are regretting for selling years ago too. Therefore it makes no difference whether you bought in 2010 or in 2023 what really matters is how determined are you in hodling your bitcoin despite the growing price value if bitcoin gets to $100k by 2030 above.

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Quote from: Lucius on October 02, 2023, 09:06:35 AM

You express regret that you did not invest in Bitcoin 10 years ago because your friend is a millionaire today, and at the same time you say that Bitcoin is the "future of money" and that it is not a "quick rich scheme!".

Ask yourself if you would have really become a millionaire if you had bought Bitcoin then, because if you had done it at the beginning of 2013, you would have paid only about $13 for 1 BTC, but by the end of that year the price had reached even $950. Could you refrain from selling considering that it is a very big profit? What I want to say is that you could have made a lot of bad (wrong) moves in that period, and nothing would have changed in your life to this day.

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

So help me God!!

Leave God out of that story, he has nothing to do with it, regardless of how some try to portray people around Bitcoin as a religious sect, which is real nonsense.

Definitely. Anything could have happened, he could have bought it for $1 and sell for $5, $10 for $100, basically anything. But I may not blame the OP for posting this, I myself regretted not buying bitcoin or not knowing it during its early days because of what happened in the last few years, but I know for sure that I won't be a millionaire LOL I won't think of it actually, to be honest it is a bit crazy back then to be a millionaire because of "internet money", we didn't know how big the potential of it, we didn't know how much will it worth after 10 years. I regretted not knowing it, not buying it.

If we knew, we would.

Fivestar4everMVP

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Well, many of us I believe have such regrets, but with time, I personally have gotten over such regrets, this is not to say that it doesn't hunt or hurt me even till this day, most especially when I see what I could have become by now if I had invested earlier, but then, gone are the days such thoughts breaks me down, as we all know and would agree that the past is the past and what ever mistake made in the past, whether deliberate on unintentional' can't be repaired, but we can give our attention to the present, make sure we do not repeat the mistakes of the past, so we don't have another thing to regret when tomorrow comes..

So to you @op, all I can say is that God bless you on your new initiative, in my place, there is this common adage which states that "at what ever time a man wakes up from sleep, that's his morning".
I am happy that you are up and ready to take the bold steps to do that which you should have done yesterday.

Spaceman1000$

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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!!

In your quest to spread bitcoin to others, please I want you to understand that the scenario has changed, given to the fact that bitcoin at the moment is not as affordable as it was 10 years ago, today the amount of Bitcoin is a bit higher for a beginner compared to 10 years ago, where it was relatively cheap for a beginner to afford, so but then you can do the best you can in convincing or trying to talk to the few people you can because it's no longer a secret that bitcoin is an actual assets that people need to invest in it.
I still believe those early investors of bitcoin deserve every reward they are currently enjoying, at least for taking the risk in what other will ordinary admonish or wouldn't give a second thought about, so I give it to them.

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Op, it's not yet time to start regretting, it's still not too late. A lot of us missed the chance to adopt Bitcoin due to somany reasons. For me, I will say I wasn't aware of Bitcoin until recently.but since I decided to grab the opportunity, I'm not regretting it today as I have seen somany reason why my decision to adopt to Bitcoin was the right one.
Same goes to you, starting now won't be a bad idea as Bitcoin still has a long way to go you can start with a little capital now and continue accumulating as much as you can and prepare for the next bull run.

I think this should serve as an advice to those out there still doubting the power of decentralization and Bitcoin. It's not too late to adopt Bitcoin.so you won't lose a life time opportunity.

Topic: My regret for not adopting bitcoin earlier. - page 6. (Read 894 times)