Topic: My regret for not adopting bitcoin earlier. - page 8. (Read 933 times)

In doing your best, there's alot of demands placed on such, you need to always stay updated to current news and development on the crypto network, you need to learn and make it a continuous process, you need to maintain a perfect security measures to avoid having any unforeseen experience with scam leading to the loss of asset, doing the right things are what will encourage and energizes you not to give up, God has already helped with the provision of bitcoin, left to us is to take measures that will guarantee our safety with the use of bitcoin.

You waited to see when your friend would come back and cry that he had lost all his money he invested in bitcoin, but disappointedly, that day didn't come, and what happened now is that you are the one regretting not taking that same part with your friend when you first had the opportunity. Even though you didn't see the opportunity as a good one for you to invest in it, wishing it to fail and for your friend to lose it all was not a good one, if you ask me. Because I don't believe in it, it does not mean I will wish bad for those who did.
 
Now is really not a great time for regrets. I will advise you to drop those regrets and make a better plan on how you can start accumulating your own bitcoin and save out for yourself so that you can benefit from it when the price hits a big bull run again. You can use the, What if I invested and it didn't work out?kind of thing to motivate te yourselYou can start now, and you will still be one of the bitcoin investors. No time is ever too late for the journey; just join the train wherever you meet it and start moving.

What is important about this opportunity is that it is not too late for you to invest in Bitcoin. You are still studying it so that you can better understand the concept that it can bring to humanity around the world. And you didn't make a mistake in the decision you made. Because honestly, whether you invest or not, Bitcoin's dominance and adoption will continue.

You yourself said that Bitcoin continues to be recognized, and its price value has continued to increase in the market since 2008 until the present that we are living in today. So let's just save as much as we can, and there is a chance.

Feeling regret is certainly a natural thing. Because you could say that at that time you had wasted a golden opportunity to change your financial situation for the better. Even if I were in your position, I would definitely have the same regrets. But even so, continuing to think about regrets will not change anything. Therefore, I really agree with what you are doing now by daring to enter the realm of bitcoin investment/trading. Because even though you just realized it and have just started (investing in bitcoin), believe me the steps you have just taken now are not too late. So, make the experience you went through as a valuable lesson and make this experience a motivation in the bitcoin investment you are currently making.

Taking the decision to spread bitcoin to the wider community is indeed a very good action. However, in my personal opinion, at this stage you should first focus on carrying out and studying the science of investing/trading Bitcoin thoroughly. Because you need to know that spreading bitcoin or giving bitcoin ideology to the public is very troublesome. But if you really enjoy doing this (spreading bitcoins), and you are ready for the consequences, then do it.

And welcome to this BTT forum, friend, I hope you can contribute well to this forum.

I hate regrets but it is painful to lose an opportunity that was presented to you. It becomes more painful if you have the money to invest and fail to do so. The price of Bitcoin has increased and it can make someone a millionaire depending on how much you invest. But it is also good that you have decided to adopt bitcoin. You can not change the future but you can maximize the present opportunity. Bitcoin is still in its early stages and still has the potential to keep growing in price and adoption.

It was also great that you have decided to spread bitcoin awareness in your locality.  But ensure you teach them that bitcoin is not a money doubling or a get-rich scheme. As you are already aware it took your friend one decade to become a millionaire from his bitcoin investment. They should also know about wallets and how to protect it. Teach them about privacy cybersecurity and the concept of not your keys, not your coin.  

I can see that this is your first post, thank you for sharing, and enjoy the forum.  

It could have been worse than that. He could have sold at a loss at the first market downturn. At that time, when the price was at $13 very few could have imagined that in a few years it would be worth thousands, and, many sold at the next milestone with a few profits, others at a loss and only a select few had enough long term vision to hold at least part of their holdings for several cycles. Examples of this can be seen on the forum, where people who knew about bitcoin and this forum in 2013 or earlier are not rich. I myself knew about them in 2017 and I am not a millionaire, although I am better off, that's for sure.

I don't think you'll be able to do that. Who will believe you if you yourself have not achieved any positive results with bitcoin? If you want people to believe what you say, you first need to prove that you have invested in bitcoin and that it is bringing change to your life. Only then will people believe what you say is true, otherwise you are just wasting your time.

My advice, you should focus on changing yourself because it's never too late to start with bitcoin. Don't try to be a good person when you can't even take care of yourself.

By the way, I see you always repeat that you will help people understand bitcoin, but I don't see you mention that you invest in bitcoin, have you invested in bitcoin?

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.

Op, most people regretted not adopting Bitcoin earlier. It is good you have decided to follow Bitcoin, and you are not late. Don't buy a coin because someone asked you to do it, you will add extra energy to wanting to know the fundamentals of Bitcoin because you are ready for Bitcoin now than in the last 10 years.

I can see that you are most interested in the investment part of Bitcoin, so if you are accumulating your Bitcoin do not go all in to prevent loss, you can use the cost-dollar-averaging(DCA) to accumulate your Bitcoin and reduce volatility when there is a price drop. Welcome to the Bitcointalk forum,  you will learn a lot about Bitcoin.

You seek wealth > you'll definitely regret it. You seek freedom > you'll not regret it. So, regret comes depending on what kind of bitcoiner you're.
People won't really adopt something new. Bitcoin takes some time to reach the level of system maturity, and users also need several years to test and prove it and then slowly become believers.

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.


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.

Bitcoin adoption will continue whether some persons choose to invest in Bitcoin or not. There is need for us to understand to understand what we are doing before we go fully into it. Those people that had decided not to invest in Bitcoin are not doing that because they don't have interest in it but the problem is that when you don't understand the process how a particular thing is being done, you might think that it is not worth your time and effort. We need to make sure we try as much to understand something before we despite it. That had been many persons problem from the start.

I understand your point that you regret not investing in Bitcoin or getting involved in Bitcoin despite your friend convincing you many times. It's a shame because if you had invested in Bitcoin right when your friend asked you to invest in Bitcoin, you could be a millionaire right now. Anyway there is no reason to regret as you have realized your mistake so you should invest in Bitcoin now because this is the best time to invest in Bitcoin. Since Bitcoin halving will happen next year in 2024, many experts believe that Bitcoin will go above $100k next year in 2025. So if you want to grab the golden opportunity ahead, you should invest in Bitcoin as soon as possible without delay. You will be wiser if you invest in Bitcoin than regrets.

You are not alone. Most of us think we got late into Bitcoin. In reality we are still early. So, no panic. Just understand the fundamentals of Bitcoin, learn how it works, engage with other bitcoiners, stack sats following the best practices and you will be good.

None of us can be compared with old-school bitcoin stackers that accumulated before 2016-2017. However, in 2030, no newbie will be compared with us who buy bitcoin now.

Cheers!

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 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!!