There is nothing like it since the past 12 years - page 2.

MusaMohamed

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Quote from: Vaculin on February 05, 2024, 07:15:53 AM

If we can just bring back the past, I was certain that millions of people would invest in Bitcoin but we don't and what we have now is just to imagine if we buy them 12 years ago, we are rich already. But this is life, nobody had thought that Bitcoin would be valued that much because what we thought before was that it only disappeared. Sometimes we feel regrets but have to accept that most of us don't see the value of a particular thing early, it usually happens later. However, we still be happy as there's a chance left that is why we don't have to ignore this time and take the opportunity before it is gone forever.

If there is ability to bring the past back, it is similar to roll back the blockchain. This ability will not help Bitcoin to increase its value because we know lost bitcoins are donations to everyone.

Some estimations that about 3 or 4 millions of bitcoin already lost and it helps to reduce total circulating supply and total supply of Bitcoin. If you can go back to the past, those million bitcoins will not be lost. We will have more bitcoins to dump on the market in 2024 and we will not have a unique Spot ETF in history with limited supply.

Lost Bitcoin: 3.7 million Bitcoin are probably gone forever.

Vaculin

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Winding down.

If we can just bring back the past, I was certain that millions of people would invest in Bitcoin but we don't and what we have now is just to imagine if we buy them 12 years ago, we are rich already. But this is life, nobody had thought that Bitcoin would be valued that much because what we thought before was that it only disappeared. Sometimes we feel regrets but have to accept that most of us don't see the value of a particular thing early, it usually happens later. However, we still be happy as there's a chance left that is why we don't have to ignore this time and take the opportunity before it is gone forever.

pinggoki

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I wish I did start 12 years ago and I would've been a millionaire already, I've started learning about bitcoin around 2015 or 2016 but I didn't really pursue an in-depth learning about it and then my classmates are talking about it when I was still in high school around 2017 and from then on, it's just continuous pursuit in knowledge and learning more how to be financially responsible day by day, I'm still glad though that I was able to learn and invest in bitcoin, the title is definitely right, there's really nothing like it and with the help of bitcoin, I'm probably going to live a really well off life if I just hodl and trust it to grow in the future.

yhiaali3

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Everyone has an interesting story with Bitcoin. Some of these stories are full of suffering, but in the end they will be inspiring to the following generations.

It is good that you put your goal before your eyes and were determined to achieve it despite all the circumstances. Success does not come easily, but rather requires a lot of patience and endurance, but the good result will make you forget all of this.

Bitcoin has opened the way for many poor people to obtain their financial freedom, of course, not as some people imagine of getting rich quickly, but it has provided many opportunities and opened doors that were closed before, I am personally one of the people for whom Bitcoin has changed their lives for the better.

wxa7115

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Bitcoin is GOD

Quote from: Ziskinberg on February 04, 2024, 06:31:03 PM

Bitcoin investment is one of a kind and it’s exceptional not only on the part of its investors but even to its competitors I guess. There’s no such investment that has been declared as dead many times but look at it now, bitcoin even come to flourish and it’s on its way to its peak. However, investing in bitcoin is never a smooth sailing as well, like you could be an instant millionaire but you could also lose millions in a day, that it’s more like gambling for some. But with innermost conviction, taking the risk will be worth profitable in time.

Other investors never had to face what we had to, since bitcoin was created there have been many other success stories, however since those new business models did not affected the interests of other powerful companies they were allowed to flourish.

But bitcoin affects both banks and governments, and they have used all their resources to try to discredit bitcoin over the years, which is why the FUD can be so intense on this market, however since bitcoin is such a solid asset their attempts to scare people away have always failed.

Ziskinberg

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Bitcoin investment is one of a kind and it’s exceptional not only on the part of its investors but even to its competitors I guess. There’s no such investment that has been declared as dead many times but look at it now, bitcoin even come to flourish and it’s on its way to its peak. However, investing in bitcoin is never a smooth sailing as well, like you could be an instant millionaire but you could also lose millions in a day, that it’s more like gambling for some. But with innermost conviction, taking the risk will be worth profitable in time.

_BlackStar

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Bitcoin's growth in the last 14 years has been incredible - it's hard for competitors to match it ^[altcoins]. Bitcoin's performance is beyond doubt and everyone has studied it throughout history, of course this can be proven based on data. It's not just about price - but bitcoin's growth is also about its adoption as a currency. Real use cases have been increasing and they will increase further over time - so greater growth can still be expected.

In the next few years - perhaps we will have several countries announcing that they are starting to adopt bitcoin as a means of payment. It is very possible and I see it as one of the prospects that will benefit its adopters.

dlightag

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Thanks for sharing little knowledge and experience before cashing out from Bitcoin and is not easy and it only takes courage to hold Bitcoin for a long period of time and again no other sources of income and you really take a good decision in the right time and I believe your millionaire by now and have been paid the price yesterday and Bitcoin is not get Rich quick, but get rich is sure as long you have the patience to pay the price.

Distinctin

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No dream is too big and no dreamer is too small

Quote from: CryptoHeadlineNews on February 04, 2024, 02:05:52 PM

Quote from: Outhue on January 27, 2024, 08:33:18 AM

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

There is always a price to pay for every goal we aim to accomplish in life, and there is always that moment that triggers us into kick-start that goal which we never thought we could accomplished in life. Hence it's been a privilege to have read your story about how you started your Bitcoin journey and how you wish to use this as a medium to encourage others, as anything is possible, inasmuch as they could hunger foe success, it's very possible with the right update, people and environment, and bitcointalk happens to be the best community for anyone to learn all he/she needs to know about Bitcoin.

Not all of us are destined to be successful in bitcoin but having that conviction and faith like yours is extraordinary. One may be totally motivated when starting to invest but when he start noticing the volatile price of bitcoin, he gets discouraged and think of quitting already. And that’s the normal reaction and attitude towards bitcoin investment for newbies these days, unlike those early investors who are more determined to find the positive side of bitcoin despite of its imperfections and now, most of them have succeeded bitcoin and experienced life changing profits because of their deep conviction with bitcoin.

CryptoHeadlineNews

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Quote from: Outhue on January 27, 2024, 08:33:18 AM

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

There is always a price to pay for every goal we aim to accomplish in life, and there is always that moment that triggers us into kick-start that goal which we never thought we could accomplished in life. Hence it's been a privilege to have read your story about how you started your Bitcoin journey and how you wish to use this as a medium to encourage others, as anything is possible, inasmuch as they could hunger foe success, it's very possible with the right update, people and environment, and bitcointalk happens to be the best community for anyone to learn all he/she needs to know about Bitcoin.

electronicash

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Quote from: Mauser on February 04, 2024, 12:58:14 PM

Quote from: Outhue on January 27, 2024, 08:33:18 AM

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

First of all, well done for sticking it through and keep believing in your dream. Without a job and no steady income it must have been especially hard to keep investing in Bitcoin. But you kept going and now you earn the reward for taking the risks. I do agree with you that bitcoins are a great investment for anybody and that every portfolio should own some coins. The problem with looking at long time periods in bitcoin is that the price increased so much. People who look at the price 10 years ago might get unhealthy expectations about the future. We are living now in a completely different world. Everybody knows about bitcoin and it's much harder to make 100% return today than it was several years ago. Investors who don't hold any bitcoin yet, need to be realistic with their return expectations. Otherwise this will only lead to disappointment and premature sales. The longer the time frame the more profitable a hodling strategy for Bitcoin. So, if you have some spare money today and don't need it, buy some bitcoin, forget about it and look in 12 years at it again.

holding it for 12 years is too much. one has to sell especially in the bull market. it's not good for him not to learn to trade even at the time when the cycle renews.
but i got to pat the back of OP for having such dedication eating one meal a day and investing in BTC while jobless. this forum offers a great opportunity though.

i'm sure it's not just him who looks at BTC as their only way. i am close to an age where no company will accept me as a delivery man or a driver. i have no wealth but BTC too.

Mauser

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Quote from: Outhue on January 27, 2024, 08:33:18 AM

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

First of all, well done for sticking it through and keep believing in your dream. Without a job and no steady income it must have been especially hard to keep investing in Bitcoin. But you kept going and now you earn the reward for taking the risks. I do agree with you that bitcoins are a great investment for anybody and that every portfolio should own some coins. The problem with looking at long time periods in bitcoin is that the price increased so much. People who look at the price 10 years ago might get unhealthy expectations about the future. We are living now in a completely different world. Everybody knows about bitcoin and it's much harder to make 100% return today than it was several years ago. Investors who don't hold any bitcoin yet, need to be realistic with their return expectations. Otherwise this will only lead to disappointment and premature sales. The longer the time frame the more profitable a hodling strategy for Bitcoin. So, if you have some spare money today and don't need it, buy some bitcoin, forget about it and look in 12 years at it again.

Saint-loup

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Nothing is inifinite on earth, noticing an extraordinary performance in the past 12 (or 15) years doesn't mean it will be like that in the next 12 coming years. If you win 12 times in a row at a roll dice game, would you bet to win the 12 next times? Actually there are certainly less chances for Bitcoin to continue to rise higher than to go lower since more and more people are in profit and will want to take them at some points. Don't forget its ATH was more than 2 years ago now (November 2021).

HideYourKeys

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When did you start your BTC journey OP? 12 years ago?

encryptogon

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Quote from: Outhue on January 27, 2024, 08:33:18 AM

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

"Slow and steady wins the race" is a suitable example in your case. I belong to a middle-class family, and for us life is a continuous struggle, but I am happy that you have achieved something. I believe that it is necessary that a person should have a steady source of income if he is looking to invest in Bitcoin or any other investment. If you have no income, how will you invest? Commitment and patience are important to succeed in life. Give your 100% and wait for the result, in the end, you will succeed or learn some valuable lessons.

Shishir99

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Quote from: bolshojkush on February 04, 2024, 10:52:43 AM

If you bought bitcoin and the price collapsed, selling is not an option at all, even if there is no source of income, because the point of investing is to increase funds. But you also need to be able to sell the grown bitcoin in time, since many are waiting for its further growth, and as a result, the price falls.

You have to understand that not everyone could do the things OP did to save his hard-earned Bitcoin. You could stay hungry for a day or two without having a meal or taking one meal a day when you are single. But, if you have a family and have a wife and child who need food, you cannot see them suffering from hunger. No father or a husband could see such situation.

I am glad I am not one of them. Of course investing in something that is likely to grow much is good. But, you have to think about your family and the health as well. Without a good health, you won't be able to survive for a long time. I do not suggest anyone to do the same thing. Always have meal when you can.

bolshojkush

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Quote from: retreat on January 31, 2024, 07:54:54 AM

It is quite impressive when you are able to hold Bitcoin for 3 years and stick to your guns to hold on to it even when you have no income. I understand what it's like to hold Bitcoin when you have no source of income, it must be quite difficult in the beginning, especially when the market is bearish there will definitely be a desire to sell it, but you persist and eventually get a profit from your investment. This is a true investor, you set your goals from the start and stick to them until your profits are achieved.

If you bought bitcoin and the price collapsed, selling is not an option at all, even if there is no source of income, because the point of investing is to increase funds. But you also need to be able to sell the grown bitcoin in time, since many are waiting for its further growth, and as a result, the price falls.

synchronym

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Quote from: Outhue on January 27, 2024, 08:33:18 AM

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

I agree with you people who come from poor families and have to work in bitcoin understand how difficult it is for them to work in bitcoin. Because once they lose the money somehow they face a lot of trouble and they have to invest very carefully. I've heard many life stories on this forum about how risky it is to sell land and invest in Bitcoin. Only with that understanding, those who make such investments should check the market and invest. And for those who have more money or come from rich families, investing in Bitcoin is much easier. If they lose investment once then they can prepare for second investment without any problem financially. Of course, whether rich or poor in Bitcoin, they must acquire enough knowledge about Bitcoin. If they don't acquire enough knowledge about Bitcoin, they can't be successful. So we all should check the market and invest in Bitcoin with a long term plan so that we all can be successful with Bitcoin.

itorai

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Quote from: Mia Chloe on January 27, 2024, 08:41:12 AM

Firstly I want to congratulate you on your achievements over the past 12 years. Anytime I come across Early adopters like you it make me wish I was an adopter too in the earliest time.
I must say you seem to be a very disciplined person from your write up because it takes a hell lot of discipline for someone to be able to hodl without a source of income. I bet if you didn't have some assistance from parents you may not have been able to. Because it seems very illogical to be hungry and claiming to hodl Bitcoin.

I also feel like you said, but for me I salute such achievements, it is difficult for me to be in such a position, but until now I continue to try better so that my knowledge about it increases. And 12 years is not a short time, many of them are tired and desperate to end it here, I see the events described are very rare and rarely encountered, honestly to be disciplined it is not an easy thing to do for me, but I still try to be disciplined until it pays off.

retreat

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It is quite impressive when you are able to hold Bitcoin for 3 years and stick to your guns to hold on to it even when you have no income. I understand what it's like to hold Bitcoin when you have no source of income, it must be quite difficult in the beginning, especially when the market is bearish there will definitely be a desire to sell it, but you persist and eventually get a profit from your investment. This is a true investor, you set your goals from the start and stick to them until your profits are achieved.

Topic: There is nothing like it since the past 12 years - page 2. (Read 886 times)