Topic: The Biggest Financial Regrets - page 6. (Read 703 times)

The only regrets are:
1. 30 years ago there was no such accessible internet and so much information to study
2. There were no subjects on financial literacy, investments at school and institute

Those. the only real problem with my youth is the lack of information and the ability to get it. In the USSR, the speeches of the next, meaningless and useless "Plenary Meeting of the Central Committee of the CPSU" were printed in many millions of copies, but not a single book on the market, investments, financial literacy, etc. Features of the totalitarian system

In the presence of initial information and a functioning brain - to adopt experience and learn and develop - it's just a matter of time!

Like you rightly pointed out, not taking risks is the greatest risk in life. Fear and indecision are one of the banes to success. There is no guarantee that a venture will be successful that's why every business or project has a percentage of risk attached to it. The greater the risk is sometimes the higher the profitability.

Some person missed some good opportunities because they lacked the resources to finance it. Some person would have bought bitcoin many years ago if they had the funds to acquire it. People in the developing world are more focused on meeting their basic needs and surviving, investment is their secondary priority. But some people missed it out of fear and indecision.

I don't blame myself so much for my past events because I can't change them. The mistakes of the past cannot be changed but one can learn from the past and change the present life. I will not also say I came to bitcoin late because I am earlier than billions of people, so I count myself fortunate. I am also early because I believe that bitcoin price will still go high and I might make some profit. I came to bitcoin because I was introduced to bitcointalk, so if I have known about this platform a long time ago, I would have come earlier. In summary, let the past go, maximize the present and plan for the future.

Hits me hard on this as I always want to play safe before now that I have a family this is the time that I calculate the risk and take it if possible. I think it is also a big factor in having an experience like before I am still young that is why I always want to party like hell and not take those risks but now that I realize and think of it was wrong and I should take the first step out of my comfort zone but again it is the past so I don't need to worry it, I should do it right now and won't miss any opportunity coming.

       Probably most of us here in this forum regret not buying bitcoin when it was still very low in the market. Because that's my experience,
even though I could have done it in a way but I didn't do it at that time because my understanding of Bitcoin was not yet broad.

But in these times I am very different because I'll make sure I have holdings of Bitcoin and other altcoins too of course.

My biggest financial regret is maybe not investing early when I was young just wasting money and now I have 3 children without having the slightest investment (savings).
from the life lessons that I experienced I started building savings and tried to take risks to invest in bitcoin and precious metals since 2 years ago, regret without change will continue to regret bad things, or happy regret why not from the beginning I invested in btc if I get profits like today

note: late is better than not making changes at all. get rid of regrets with more positive actions for a better life

I think the most appropriate sentence to say about this situation is: People will regret when they have done something and people will also regret when they haven't done something. Since in this life there's a lot thing we can do and it's almost impossible if we can do anything in this world, everyone will have a feel about regret and it's really normal.

Since we're in Bitcoin forum, I believe everyone will regret for not bought Bitcoin when it's beginning especially when they've heard about Bitcoin.

I find it normal that we will miss many opportunities in our lives because we can only choose one or maybe a few. Time is the most valuable resource in my opinion. because we may have heard from a young age that investing in stocks and other assets is beneficial. However, many of us lack the financial resources to invest in it. And even if we have spare money, we may not have enough time or be well-equipped to understand how to invest effectively. Investing is also risky and given how young we are and how little money we have, the risks may not be right for us. We must stop harboring regrets and embrace reality with optimism. As time passes, we live and learn. In any case, anyone can achieve success at any age.

Feelings of regret over missed financial opportunities are easy to sink into. Unfortunately, dwelling on the past is fruitless at this juncture. Instead, we can concentrate on the here and now, doing everything we can to make the most of the situation. When we see others making money off of a new and developing asset class like cryptocurrency, for example, it's only natural to feel a twinge of FOMO ourselves. Yet, keep in mind that hindsight is always 20/20. Since there are always new opportunities, we should learn as much as we can, diversify our investments, and be aware of the risks. It's been said that "Trees should have been planted 20 years ago when they would have thrived. This is the second-best time."

This should be changed into "I should have keep atleast 5 bitcoins when the price of each was ridiculously low". Pretty sure that alot of us bitcointalk folks didnt keep decent amount of bitcoins few years ago. Well its not really a regret unless you are not content with your current financial situation and I believe that everyone has their own rights to decide whatever kind of futures they want without following any financial standard advice

the feeling of fear that is too strong in all actions that lead to financial life is basically bad.

-like being afraid to try new things in business.
-fear of taking the first step before others
-fear of loss when we haven't even started yet.
-fear in accepting new changes or new innovations in business.
-And the worst thing is being afraid to take the opportunities that have been offered before our eyes.

too much fear in us can bring regret for us in the future. not only financially but also in other ways.

I say this because in the past years I have been confined by excessive anxiety, excessive fear, anxiety and many psychological disturbances that I have experienced. even I often repeat similar things. and felt like I still hadn't done it until I finally realized I was doing it over and over again.

now I'm starting to recover psychologically and realize that all the mistakes I have made. and I'm sorry I didn't notice it for so long.

I have experienced many regrets, but I will use this as a motivation for the future so that I will be more courageous in taking steps forward.

Seeing an opportunities you think that would yield a meaningful results at last you couldn't venture into it due to lack of finance, some are seeing someone whom you should help by the street side and you couldn't offer a help makes one feels bad.

When I came into this forum I was seeing bitcoin as risk making me not to take a bold steps to venture into it but today I am regretting why I haven't done that is one of my most financial regrets.

The biggest financial regret I think most would come to regret is having not taken the risk to try out other means of earning that would have brought fulfilment and wealth in total.
Some regret already having not learnt about Bitcoin earlier, am one of those who think I started my Bitcoin journey rather late, but the financial status of my nation right now, has rather motivated most of us to up our game and seek out other means of earning, of which Bitcoin is top.
Also, the period when one is single, without family or siblings that are really dependent on you for survival, is the best time to follow dreams of the heart and be daring with financial investments. This is one regret most persons make and regret later.

Its a matter of risks taking and we do know that it isnt really that something you cant blame out into other people who do love to play less risks or safe play when it comes to their finances.They cant just bare out the

risks involved when they would be tending to go other ventures specially on investment.I dont say that it is really a bad decision but we do have our own perspective and risks handling in our own lives which there are

ones who do decide on sticking into much safe and less risky because they are afraid that they might be messing up their finances if ever they would decide to take up some risks.
Well if they are contented on what life that they do have now then so be it and just let them be.

Sometimes the obligation to there child will make those adult people fear to try new one because they can't afford to risk the future of their children for risky matter. That's why they decide to stick on the things they know that it can give them sure money with low risk even if they can only get small amount of money with it. For sure if they could just have a chance to try new one and doesn't have obligation for sure many people will try to venture new opportunity that can possibly change their financial status even if this is risky ones.

Probably many of us are just drinking and smoking during our high school days.  I wish we didn't sell our fishing boat, I would have continued the business.

One of the biggest regrets that rich old people told me is that they didn't produce many kids when they were younger.  I think I already understood what they mean by it. Because you want the things you have to give to them  If you have big properties, gold, and BTC, you would want your kids to have them after you die but having none or just one is just not very productive.

You would definitely be having these lines on your mind on the time that you had realized that the things that you had missed out is already flying when it comes to value.
Just like into those early years when im still 20+ and does have the money earned from crypto bull run before which i have been thinking on buying some real estates
to have some investment which is good for long term.When i was tending to buy out a particular property, i do have those doubts that this might just a waste of
money and would be sitting idle for too long or doesnt really have a potential which it causes for me to changed up minds and after several years
then the said building does have that multiple fold when it comes to value considering about its location and some developments on that area which do really give out that extreme regret.

Honestly, those people who think that if they are married with kids and can't try new things do not realize how many hours in a day we have. I have seen so many people who just hours and hours on useless stuff that if you are planned and organized then you have plenty of hours left. I used to work in a different business industry, I worked there for 4 years, and in 2 years of that period I worked every single free time I had, while married (albeit no kids) and still spent time with my wife, all thanks to being planned and organized. Still doing the same thing, my work takes a good chunk of my time, but I don't waste the rest on just relaxing all the time, I try to develop new skills and use them for fun instead of work now.

It is the random risk that leads to regret and then you will stop thinking and simply say that bitcoin is a scam, it is illegal, there is no way to make money except by working hard at the job.
Calculated risk, which involves initial knowledge of the investment you decide to engage in, is required.
The lack of surplus money is not afraid to lose it is another reason.

The biggest and most common financial regrets people will have.

1.  "I should have started investing and making financial plans, earlier."
2.  "I wish I had taken more risks and tried more things, when I was younger."

There are some who say its bad to have a tattoo. "The tattoo will look bad, when you're old." There are also many who wish they had tried more things when they were young. Before their window of opportunity closed. Before they had kids who rely on them, where they have less time. Before they were in a position where it became much more difficult to start a business or try different methods to tap other revenue streams.

For those who profit with stocks, crypto and other assets as other means of income. The most common regret is not having started earlier. Time spent idle could translate to opportunities missed.

There are some who believe the biggest danger is taking a chance. They play it safe. Not realizing not taking risks, could be the biggest risk of all.

Please share what you believe to be the biggest risks in finance.