Topic: The life of a late adopter (Read 3142 times)
I think everything is relative. Perhaps in bitcoin's infancy now, you could call yourself a late adopter. Give it a few more years, and nobody will be able to tell the difference between someone who adopted bitcoin in 2010, 2011, 2012, 2013 or 2014. Because by then, anything could happen. Sure I get that you're regretting that Bitcoin didn't make you that millionaire or that rich dude. But I'm sure either way, Bitcoin has been and will continue to be a fun ride.
Give it enough time my friend, you will soon become an early adopter 
People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
I agree mate.. BTC is revolutionary..It will go back up..it is just in a slump as of now..but things will change.!
Any good news to back up your opinion ? Actually we are now witnessing the death of crypto. RIP Bitcoin 2009-2015
Not sure about his story, but it might actually come back up next year after the halving.
Also the fall in price doesn't mean the death of bitcoins.
People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
I agree mate.. BTC is revolutionary..It will go back up..it is just in a slump as of now..but things will change.!
Any good news to back up your opinion ? Actually we are now witnessing the death of crypto. RIP Bitcoin 2009-2015
People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
I agree mate.. BTC is revolutionary..It will go back up..it is just in a slump as of now..but things will change.!
Similar to one joins a ponzi rather late. Or just watch the movie unfold like I do.
Try to look at it on a coin perspective.
You got way more coins now than when you started.
Why is it that people always rush to get into a store where there is a discount on goods?
When it happens to bitcoin people cry and whine.
Bitcoin can be bought on a huge discount these days. We should be happy.
Also learn from your mistakes. Don't sell when the price collapse, don't buy when it's hitting the roof. Turn it around.
You got way more coins now than when you started.
Why is it that people always rush to get into a store where there is a discount on goods?
When it happens to bitcoin people cry and whine.
Bitcoin can be bought on a huge discount these days. We should be happy.
Also learn from your mistakes. Don't sell when the price collapse, don't buy when it's hitting the roof. Turn it around.
thats why people shoudl getting btc as fast as theey want to makes some money
and grow their btc
and grow their btc
People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
Yes pretty frustrating for a investor who bought at 800 to sell now, but the question is how low Bitcoin can go. I dont believe much lower, because Bitcoin is still dominant cryptocurrency and very usefull + the price of 1 BTC is now about the same as electricity cost when mining this 1 BTC.
#1, nobody got rich quick in Bitcoin. Not even the earliest adopters. They had to wait longer than you've been waiting.
i actually did but more through dumb luck than anything else ,i bought about 5k btc between 2011 and 2012 for not much
i actually forget about having them at one stage because i was busy doing other things and then suddenly saw bitcoin on the news
or something in the great chinese bubble of 2013 and was able to retrieve my wallet.dat files
So you had to wait more than a year, which OP is unwilling to do
I think I got to know about btc in the summer/autumn of 2012 and I read a lot about about it and was very impressed, coins were still in single digits and I bought them and forgot about them until maybe November 2013 when the epic rally was starting and thank god I still had the wallets, I think they were $250 when I updated my wallet and the rest is history but I still think this is really early days in relative terms and there is a ton of money to be made
That's cool. See you deserve to make serious muuula off the Bitcoin trade because you believed in it when nearly nobody else did.
I'm not in it for the money - I'm in it for the principle - and because I hate how credit cards and the state can know whenever I buy gum and at what gas station I purchased it on what day. And they keep a record of it the rest of your natural life.
So yeah, if I make money off it some day, that part is just gravy.
I am here with an embarrassing stash of btc, and yet I cannot bring myself to dump them
.So if you have not reached this stage yet of realization, stop buying and get out while you can
Do as I say, not as I do.
Haha!! Interesting!
#1, nobody got rich quick in Bitcoin. Not even the earliest adopters. They had to wait longer than you've been waiting.
i actually did but more through dumb luck than anything else ,i bought about 5k btc between 2011 and 2012 for not much
i actually forget about having them at one stage because i was busy doing other things and then suddenly saw bitcoin on the news
or something in the great chinese bubble of 2013 and was able to retrieve my wallet.dat files
So you had to wait more than a year, which OP is unwilling to do
I think I got to know about btc in the summer/autumn of 2012 and I read a lot about about it and was very impressed, coins were still in single digits and I bought them and forgot about them until maybe November 2013 when the epic rally was starting and thank god I still had the wallets, I think they were $250 when I updated my wallet and the rest is history but I still think this is really early days in relative terms and there is a ton of money to be made
#1, nobody got rich quick in Bitcoin. Not even the earliest adopters. They had to wait longer than you've been waiting.
i actually did but more through dumb luck than anything else ,i bought about 5k btc between 2011 and 2012 for not much
i actually forget about having them at one stage because i was busy doing other things and then suddenly saw bitcoin on the news
or something in the great chinese bubble of 2013 and was able to retrieve my wallet.dat files
So you had to wait more than a year, which OP is unwilling to do
The feeling of watching Bitcoin go by and not investing in it would probably be just as bad.
#1, nobody got rich quick in Bitcoin. Not even the earliest adopters. They had to wait longer than you've been waiting.
i actually did but more through dumb luck than anything else ,i bought about 5k btc between 2011 and 2012 for not much
i actually forget about having them at one stage because i was busy doing other things and then suddenly saw bitcoin on the news
or something in the great chinese bubble of 2013 and was able to retrieve my wallet.dat files
I am here with an embarrassing stash of btc, and yet I cannot bring myself to dump them
.So if you have not reached this stage yet of realization, stop buying and get out while you can
Do as I say, not as I do.
Recently I have been agitated as hell that btc has never come close to showing signs of return to a respectable value, so I figured wtf I'll try trading, and while in the past two weeks I am doing well overall in my trading, It would take me months of this to recoup my losses, and I cannot watch charts and shit all fucking day.
Do you even need to 'watch charts' to be a trader. All they do is buy low sell high so just put your coins on an exchange and put some sell/buy orders in and let the bots to the trading for you. You can make a little money on the side and it doesn't need to be a full time career.
you know what normally happens to people who leave coins on exchanges ??
I had the same feelings in 2011/early 2012.
If you can wait long enough your perspective will change.
If you can wait long enough your perspective will change.
BTC currently costs ~100X (about 100 times) more than in late 2011/early 2012 and some people think the 100x price is some kind of a problem... ?
Yeah you're right the problem is that someone bought bitcoin at $ 500-600 instead one (early adopter) that "maybe" bought it at $ 2-3 (or better mined it).
There are no late adopters as of yet.
The people jumping aboard only after 2017, when the Dollar and Euro are collapsing, them poor suckers will be the late adopters.
The people jumping aboard only after 2017, when the Dollar and Euro are collapsing, them poor suckers will be the late adopters.
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