It is common with most of the people who had come to know about bitcoin during the earlier days. Those were the days when the pyramid schemes were into hype and more scams were happening around. By the time, people who had the better understanding about technology understands it well whereas the rest finds it a scam. Apart from the technically skilled people, it is the lucky ones who believed and invested during the early days.
For everyone who think we're late, the reality is different. We've got more opportunities, even now it isn't that late to invest into bitcoin. Even now if one start to accumulate as much possible soon, he can turn himself as millionaire as OP's friend. Every investment needs time to grow, and what we had experienced with bitcoin is abrupt growth. This had made people think it a scam and took time for them to understand the backing technology and how it could change the financial system. Bitcoin shouldn't be considered as a quick rich investment, but as a source that could help us reach our goals earlier.
Topic: My regret for not adopting bitcoin earlier. - page 7. (Read 933 times)
If you have a big feeling of regret, it's very natural because you have known about Bitcoin since 2013 and the price is still very cheap. You can even just buy and hold at that time and you will have extraordinary profits. But you ignored your friends and never bought it. Prices rallied in early April 2013 to reach US$220 before falling back to around US$70 in mid-April.
But your hesitation to buy bitcoin never makes you have a profit or even a loss. You really have to make decisions on every investment. If you just try to buy just 1 bitcoin, maybe you will have some profit even though it is clear that you will sell it early.
Now you start adopting bitcoin and hope it will rise and reach a new ATH. that's a good step and you can hold it until the target is achieved.
But your hesitation to buy bitcoin never makes you have a profit or even a loss. You really have to make decisions on every investment. If you just try to buy just 1 bitcoin, maybe you will have some profit even though it is clear that you will sell it early.
Now you start adopting bitcoin and hope it will rise and reach a new ATH. that's a good step and you can hold it until the target is achieved.
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.
It's so sad that it had to take you a whole 10 years to finally figure out Bitcoin being a worthy asset for investment for the future, a medium to have control over your finances and avoid inflation of your funds. However, the high rate of Ponzi schemes & online scams & e.t.c back in 2013 is enough reason to have made soft-minded people like O.P. who might have lost their entire savings to online scams never have believed in anything online related, which is understandable. And for the fact that you have taken this bold step, I will advise you to make security your top priority by ensuring to store your BTC on a well-secured non-custodial wallet such as "Electrum" where you have control over your wallet private key, and not so hodling your BTC on exchanges.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.
OP is not the only one who missed out on bitcoin in the past and that is nothing to be sad about because he realized his mistake. 10 years is quite a long time but it's never too late to start with bitcoin right now. Regretting or being sad about the past will not bring any benefit when we still have the opportunity and time to fix everything. What I'm interested in is when OP realizes his mistake, but will he start with bitcoin or does he think it's too late to get into bitcoin?
I was also one of those people who didn't believe in bitcoin in the past but I never regretted it and I corrected those mistakes perfectly when I accumulated some bitcoins for myself.
To have feelings of regret is just fine ‘coz that would simply mean you have learned something. But to be stucked with regret is a bad thing; you may still invest at the present market price. The next bullrun would more likely cross the previous ATH, only problem is to wait ‘til that day or time comes in this market. Therefore, you should mind holding and being patient for the mean time. Bitcoin’s market price has a lot of potential to increase in the future. You’d only struggle being consistent with holding and avoiding not to sell no matter what.
It is very painful, but the truth is that if you had allowed your friend to lure you make you invest and you still didn't believe in bitcoin I don't think you would have been able to get good results from your investment, be happy for when you realise the importance of bitcoin. Knowing bitcoin and understanding it right now will make you to take the right decisions than investing when you don't have idea on what you are doing. The price of bitcoin had gone high compare to what it used to be that ealier time but opportunity is still their for everyone who are new in bitcoin.
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.
It's so sad that it had to take you a whole 10 years to finally figure out Bitcoin being a worthy asset for investment for the future, a medium to have control over your finances and avoid inflation of your funds. However, the high rate of Ponzi schemes & online scams & e.t.c back in 2013 is enough reason to have made soft-minded people like O.P. who might have lost their entire savings to online scams never have believed in anything online related, which is understandable. And for the fact that you have taken this bold step, I will advise you to make security your top priority by ensuring to store your BTC on a well-secured non-custodial wallet such as "Electrum" where you have control over your wallet private key, and not so hodling your BTC on exchanges. 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.
We have all made this mistake. Nobody knew it would go up to $70K when it was around $200 back in 2014-15. I told many people in my social circle that Bitcoin might be an amazing investment for the next decade and they all said it was a scam. Then when bitcoin hit $20K, thats when they started to call me and ask about Bitcoin. They bought around $15K and they all sold when it hit $4K during the Nov 2018 crash.
Similar situation back in 2021-22 when Elon Musk was tweeting about Doge and Bitcoin.They all bought at $50K instead of at $5K during the Covid crash and they are all sitting at huge losses or they sold when it hit $15K after the FTX crash. So you are not the only one with regrets.
Similar situation back in 2021-22 when Elon Musk was tweeting about Doge and Bitcoin.They all bought at $50K instead of at $5K during the Covid crash and they are all sitting at huge losses or they sold when it hit $15K after the FTX crash. So you are not the only one with regrets.
Fast forward to 2028, many people will be screaming the same thing, oh it's already too late, we can't make any buying Bitcoin again, the same excuse I've been hearing for the past 8 years now, do not join these set of people, it's not too late and it's just the beginning for Bitcoin adoption.
People call me stubborn because I am very hard to confuse and while I believe in Bitcoin and have started reshaping my world around it, many people criticize me, saying I am wasting my time, until the world turned upside down financially, and things get extremely hard to get, now many people are looking for other means to rescue themselves form the governments problem, they found Bitcoin and I still put them through.
I told them the same thing I am saying right now, that it's not too late to join the Bitcoin train, the half of the world population isn't not into Bitcoin yet and the total supply of Bitcoin is almost maxed out, be prepared for mass adoption, there is still enough time.
People call me stubborn because I am very hard to confuse and while I believe in Bitcoin and have started reshaping my world around it, many people criticize me, saying I am wasting my time, until the world turned upside down financially, and things get extremely hard to get, now many people are looking for other means to rescue themselves form the governments problem, they found Bitcoin and I still put them through.
I told them the same thing I am saying right now, that it's not too late to join the Bitcoin train, the half of the world population isn't not into Bitcoin yet and the total supply of Bitcoin is almost maxed out, be prepared for mass adoption, there is still enough time.
You're not alone, @OP. Many people still don't want to invest in Bitcoin even though they have seen the history of Bitcoin's journey so far. They are still hesitant to start investing in Bitcoin, even with small amounts of money and only do DCA. They think they are too late to start and if they only use a small amount of money, it will not bring them much profit.
If they keep doing DCA until at least the middle of next year, they can expect to make a profit. All success starts from small things or things considered trivial, so if people underestimate them, just let them be. You don't need to force them to start investing in Bitcoin.
So there's no point in regretting what has happened. And you still have time to start investing while inviting people around you to invest in Bitcoin. But remember, you can't force them to follow what you do. Let them decide for themselves. You just need to provide information that now there is Bitcoin, which can be a new investment for them.
If they keep doing DCA until at least the middle of next year, they can expect to make a profit. All success starts from small things or things considered trivial, so if people underestimate them, just let them be. You don't need to force them to start investing in Bitcoin.
So there's no point in regretting what has happened. And you still have time to start investing while inviting people around you to invest in Bitcoin. But remember, you can't force them to follow what you do. Let them decide for themselves. You just need to provide information that now there is Bitcoin, which can be a new investment for them.
Many of us here are victims of self denial of the truth and potential that come aling with Bitcoin investments most especially for those who bought bitcoiwat back before bitcoin gain it first market traction, those are the people that truly experience the real value of Bitcoin when one csn easily buy a.whole unit of Bitcoin with a few cents.
But things have changed greatly and the value of Bitcoin is now way beyond the reaxh of many small earneres who will have gotten alot of Bitcoin if it were way back when the price of Bitcoin was low.
I hard a few friends who i roll with in the neighbourhood whi a few happens to worj in an establishment that i know are earning some good amount to set aside $100 to invest in Bitcoin on monthly or weekly basis but failed to do so and rather spend they money on cloths and other fashions items that don't have any value, but when they see my earning from Bitcoin they wish they have better started way back when I first accumulated my first Bitcoin.
So not only you who is a victim of self doings when it comes to BBitcoin'searly investment mistakes.
But things have changed greatly and the value of Bitcoin is now way beyond the reaxh of many small earneres who will have gotten alot of Bitcoin if it were way back when the price of Bitcoin was low.
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 hard a few friends who i roll with in the neighbourhood whi a few happens to worj in an establishment that i know are earning some good amount to set aside $100 to invest in Bitcoin on monthly or weekly basis but failed to do so and rather spend they money on cloths and other fashions items that don't have any value, but when they see my earning from Bitcoin they wish they have better started way back when I first accumulated my first Bitcoin.
So not only you who is a victim of self doings when it comes to BBitcoin'searly investment mistakes.
Well most of us literally never took Bitcoin seriously before since only few people are familiar with Bitcoin, cause you wouldn't study and learn something that even the people in your surroundings are not aware from it's existence. So it's like you're like a toddler in crypto industry. Someone from my friend also introduced it to me, but we were student back then so I did not take it seriously as I thought he's saying benefits and potential that are impossible for us to achieve. So yeah, since Bitcoin was affordable back then, he literally risked his money even his tuition, now he doesn't even have to work as he already have investment and business. I mean there's nothing wrong for being late, because for sure he'd also sacrificed something before reaching it like having a failing grades due to his focus are split into studies and crypto.
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!!
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!!
So take your failure in the past as a valuable lesson, then spread the news to other people, I know what you are doing is not easy but if you are consistent with what you are doing then I am sure you will get great respect from the community you build. bitcoin in the past 10 years was still small but bitcoin in the next 10 years will be bigger than now, bitcoin is the asset of the future.
I hope you learn from your past mistake and utilize any opportunity that you come across again that look promising to the eye and when looked at in investment perspective, most times it’s not that we don’t see it in front of us is just that we are too afraid to accept opportunities that has been given to us.
My advice to you is that, when you see another opportunity regarding anything even if it’s not bitcoin always try to make a little research about it first and see the things which is involve and what will come from it after ward, then you can be able to decide what step you should take, even if you are so much afraid of losing your money to something that you don’t know, investing just a little amount will be a good one which will help in reducing the level of regret that you will have afterwards.
My advice to you is that, when you see another opportunity regarding anything even if it’s not bitcoin always try to make a little research about it first and see the things which is involve and what will come from it after ward, then you can be able to decide what step you should take, even if you are so much afraid of losing your money to something that you don’t know, investing just a little amount will be a good one which will help in reducing the level of regret that you will have afterwards.
Regret is always in the time we realize we missed out on a huge opportunity because of our wrong insights about certain things. But @OP it is still not too late to put some funds and invest in Bitcoin because it is still on its early stage of adoption. Although we cannot get the profit early adopters had, at least we can have a share of the profit pie when Bitcoin continuously uptrend. Like at this very moment, if we invest some of our funds in Bitcoin, we might reap the profit when the bull market and ATH breaking events come in the year 2025.
The majority of people are patiently waiting for the bull run even at the point that is not convenient people are still trying to hold. Many people regret not investing earlier, and those who did so were fortunate. Nowadays, everyone is smart and doesn't want to miss the opportunity again. The only obstacle at this point will be money, but there is still room to invest. Investing can begin if there are sufficient cash. Because it appears from the records that those who made early investments did well and have strategies in place to profit further from the future. Since nobody knows when the bull run will start all we can do is to wait.
You were wrong then and now you are corrected. But you are going to make a mistake again. I would never say that you tell everyone about Bitcoin. Because, there will be many people who are illiterate or don't believe in bitcoin, they can all call you crazy. And if you force someone to know about bitcoin and invest here.After some time he may lose his money due to bad market condition. Then bitcoin will seem untrustworthy to him again. So don't tell people about bitcoin who don't believe in bitcoin. Your aim is to help those who are interested in learning about bitcoin.
It's lovely that op's friend put effort into making a strong case for Bitcoin, but I think that not investing if one doesn't believe in something is the right choice. I mean, yes, we can now see how Bitcoin went way up since that time, but as a long-term life strategy, taking a risk when thinking it's going to be a failure is not worth it.
I think that instead of focusing on regret, it's important to find ways of moving forward and learning from the mistakes of the past. Perhaps a lesson here is to be more attentive to thoughts of other people, especially of close friends who seem passionate about something.
I think that instead of focusing on regret, it's important to find ways of moving forward and learning from the mistakes of the past. Perhaps a lesson here is to be more attentive to thoughts of other people, especially of close friends who seem passionate about something.
You don't believe in bitcoin and you thought that you were the smartest then, and never wanted to risk your funds in bitcoin investment because your mindset told you that it will crash. Now you have seen it that your friend took the risk at he has become a millionare and that is why you have gained interest.
You should not regret what has happened in the past, but stay focus on how you can accumulate a good amount of bitcoin. Don't also forget that you should only invest on the amount that you can afford to loss, so that of bitcoin price goes below your entry point, you wouldn't panic. Your friend was successful because he invested in a long term and was patient enough to holdi for a long period of time.
Welcome to the cryptospace.
You should not regret what has happened in the past, but stay focus on how you can accumulate a good amount of bitcoin. Don't also forget that you should only invest on the amount that you can afford to loss, so that of bitcoin price goes below your entry point, you wouldn't panic. Your friend was successful because he invested in a long term and was patient enough to holdi for a long period of time.
Welcome to the cryptospace.
All who regret not to have stepped into crypto earlier cry over the lost (not made) Financial gain Crypto had. Including me 
And how do most of uns adopt crypto?
We get paid in crypto, but not many wish to pay in crypto in crypto winter
And how do most of uns adopt crypto?
We get paid in crypto, but not many wish to pay in crypto in crypto winter
You're not alone. That is also my biggest mistake. I asked myself why I didn't know about bitcoin earlier, reflecting on the past. What I do is play only and stuff, and at some point I encountered the word "bitcoin," but I ignored it. If I were just be more futuristic, then maybe my life will be different from now. But of course, not all will be granted a fortune; it takes time for a person to have their turn to be successful. Just take the risk and don't waste the opportunity. But right now I do crypto stuff, mainly bitcoin, because I see opportunity in this technology or currency. So to others who regret knowing about bitcoin earlier, wait for the opportunity and just invest time and effort.
I was waiting patiently for the day he will come crying to me that bitcoin has crashed and all his investments gone.
There are still people like the old you who are still waiting for bitcoin price to crash. These people are in all class and category of life.- The first category who already have had other traditional investments that were already doing well before bitcoins, so they have little believe in what bitcoin is about and the ease with which bitcoin can be invested in. They do not trust bitcoins and are waiting for it to crash.
- The second category who are earning well, trying to look for something to invest in, but do not just trust bitcoins and are looking to invest in other things except bitcoins because they expect that sooner or later, they will be validated for making the right decision of not investing in bitcoins because of it's crash.
- Then the third category who are still struggling to earn, do not yet even have enough to invest but because of ignorance or misinformation just believe that bitcoins will crash.
I have pity for third category because they are ignorant that investment in bitcoins offers then good opportunities to level up, by investing the little they have in a strategic way.
Ignorance is really a disease!
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