Verified Information - Missed Opportunities

aysg76

legendary

Activity: 1960

Merit: 2124

Quote from: o_e_l_e_o on November 02, 2021, 05:51:43 AM

Here's a post I made almost exactly 1 year ago, in response to someone complaining that they had missed their "golden opportunity". Bitcoin was $13k at the time of this post:

I just came across this thread and read your post and recently i also made an thread explaining that how we miss the boat is not a new concept and people from the past also have the same lame excuses and i also came across those who have hundred of bitcoins sold at $3 or even lower and were happy and now regret or others who still say we miss the boat today also. We can't figure out what they have in mind and i think we will see them in future also with the same thing waiting for it to go down so they can buy full bitcoin as stacking sats is not possible for them and they will never hoard the boat and will miss it every time.

I miss the boat

worle1bm

full member

Activity: 1834

Merit: 166

We all make some bad decisions in life on which we regret later on but keep on repeating the same mistake in present willingly is the worst thing to do.I was also among those who missed the opportunity to buy them at early phase but if i have not invested even now i am biggest fool.We are still not too late and can invest but making certain excuses will not take you anywhere so it's better to invest now if not and if yes just hold.

Vaskiy

legendary

Activity: 2618

Merit: 1105

Tontogether | Save Smart & Win Big

69 year old Israeli lady had turned $3k investment in Bitcoin to $320k and the bank now denies to withdraw the money. Esther Freeman have invested $3240 back in 2013. She had invested out of innocence and blind belief hearing from his son and nephews. Now this has grown big and when she request for a money withdrawal, the hapoalim bank denies citing the initial investment is connected to the illegal financial investment. Now she has filed a lawyer and has reached the court. The court ruled that the bank should not deny the clients money just because it is connected to digital currency. The bank have received the case and are studying it.

Source : Israeli Bank refuses to deposit over 300000 earned from Bitcoin Investmen

Dripstoil

member

Activity: 163

Merit: 65

There'll be no end to Bitcoin regrets as long as the price continues to rise. Just get in when your circumstances allows you. The right time to buy is always now.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: pawanjain on November 12, 2021, 12:02:04 PM

This is exactly why you should never regret after you sell. The best strategy here is to not sell until you "need" to sell your coins.
If there arises a need for you to sell then never look back at it again. This way you never have any regrets of selling.
It also makes us hold our coins to the maximum. So far this strategy have been working very well for me.

For me, the only time you have to sell your coins is when at its peak price or there is an urgent need for cash so you have to sell your bitcoin regardless of its value. Other than that, when you sell your coins at a low price it will only make you a loser. And i think when it comes to investments, its all about winning and losing so if you made such bad decisions in the past, stop making regrets because that will never help you to move on from it. Otherwise, you'll gonna miss another great opportunities because you are so busy thinking of your regrets.

pawanjain

hero member

Activity: 2674

Merit: 713

Nothing lasts forever

This is exactly why you should never regret after you sell. The best strategy here is to not sell until you "need" to sell your coins.
If there arises a need for you to sell then never look back at it again. This way you never have any regrets of selling.
It also makes us hold our coins to the maximum. So far this strategy have been working very well for me.

giammangiato

legendary

Activity: 1722

Merit: 1242

Quote from: Coyster on November 11, 2021, 04:55:12 PM

The thing with Bitcoin is that a lot of people are fond of complaining about one missed opportunity or the other, or how they wish they had bought at one time or the other, but imo, that's Bitcoin for you, and anytime is actually a good time to buy, and if you sell, then there is no need to regret it, rather look for another means of accumulating again, even if you start from the scratch.

Having said that, if it's altcoins in question, then if it pumps and you didn't buy when it was pretty low, then you can talk about missing an opportunity, cause it could prolly not rise/pump again and you didn't sell when you should have, but if you've done a good research into the history of the Bitcoin network and its price movements, then you'd understand that there is actually no situation of a missed opportunity, cause as long as you're not investing more than you can afford to lose, then you can chose to buy at anytime.

Perfect reasoning! I also think in this way, lost opportunities are now the past, now we need to think about how to grow with cryptocurrencies in a serious way, learning from the mistakes made! Crying is useless, react and try to do better!

bosede1

member

Activity: 714

Merit: 16

This is so disheartening a whole lot of 1700BTC, just imagining him even holding it till around 2017 self not to to talk of 2021, I know by now he would have realized how much he would have gained he just try to hold.

Coyster

legendary

Activity: 1946

Merit: 1224

'Life's but a walking shadow'!

The thing with Bitcoin is that a lot of people are fond of complaining about one missed opportunity or the other, or how they wish they had bought at one time or the other, but imo, that's Bitcoin for you, and anytime is actually a good time to buy, and if you sell, then there is no need to regret it, rather look for another means of accumulating again, even if you start from the scratch.

Having said that, if it's altcoins in question, then if it pumps and you didn't buy when it was pretty low, then you can talk about missing an opportunity, cause it could prolly not rise/pump again and you didn't sell when you should have, but if you've done a good research into the history of the Bitcoin network and its price movements, then you'd understand that there is actually no situation of a missed opportunity, cause as long as you're not investing more than you can afford to lose, then you can chose to buy at anytime.

Quidat

hero member

Activity: 2548

Merit: 533

Quote from: dificanovi on November 11, 2021, 03:23:31 PM

Quote from: Vaskiy on November 02, 2021, 03:17:20 AM

Above image portrays a tweet made ten years back. By that time Greg Schoen have sold his 1700 Bitcoins. When the tweet was made, the price of bitcoin is $8. He had sold his holdings for $0.30 per bitcoin. It is a missed opportunity, because he wasn't able to sell at $8 as well as at the present peak. But, he's good enough to talk about cryptocurrencies. Now all he have is ethereum and few other altcoins and not bitcoins.

If that incident happened to me then I would be very sad and I would meditate on it until the sadness was gone.
Usually I will look for something that I will hit so that all the annoyance in my head immediately disappears and after that I will take lessons from everything I have experienced, I just realized that everything needs patience in order to get a more satisfying result.
I am very sad to see this because in the past the price of Bitcoin was very cheap so anyone could buy 1 BTC, but for now not everyone can buy 1 BTC because the price has reached $65,042.

Regrets do always come at the end and it wont never be going in first and its just normal that we would able to commit mistakes like these because the market was unpredictable on the first place
thats why to those people who did risk on accumulating and holding for too long just because they do believe on bitcoins potential then they are the ones who are been rewarded for that patience
they do have.Missed opportunities are common but doesnt mean that you would completely stop on where you are right now. Try to move on and be wise and mindful
about of your future actions to be made.

Smartvirus

legendary

Activity: 1414

Merit: 1108

This is the sort of vibe the bitcoin FUD comes with, the vibe that pushes you to sell even with the least ROI at hand but, its the worst move you should ever make. I say this not on bitcoin alone but also, in the case of other investments! It just doesn't add up to liquidate all your investment as its captioned on the above Tweet. Best move would be to take out a your capital and some percent of profit if the leverage allows and then, keep watch over the remaining to see how far or wll it goes. Don't loose on a future opportunity because of what you feel is best today, especially on new world developments.

dificanovi

full member

Activity: 812

Merit: 105

Quote from: Vaskiy on November 02, 2021, 03:17:20 AM

Above image portrays a tweet made ten years back. By that time Greg Schoen have sold his 1700 Bitcoins. When the tweet was made, the price of bitcoin is $8. He had sold his holdings for $0.30 per bitcoin. It is a missed opportunity, because he wasn't able to sell at $8 as well as at the present peak. But, he's good enough to talk about cryptocurrencies. Now all he have is ethereum and few other altcoins and not bitcoins.

If that incident happened to me then I would be very sad and I would meditate on it until the sadness was gone.
Usually I will look for something that I will hit so that all the annoyance in my head immediately disappears and after that I will take lessons from everything I have experienced, I just realized that everything needs patience in order to get a more satisfying result.
I am very sad to see this because in the past the price of Bitcoin was very cheap so anyone could buy 1 BTC, but for now not everyone can buy 1 BTC because the price has reached $65,042.

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: Poker Player on November 02, 2021, 03:56:27 AM

Many of the Bitcoin haters you see today who say Bitcoin is going to 0 did just that. They want to believe they did the right thing, that they couldn't make such a big fuck up, and every time there is a dip, they hope the price keeps going down to be right.

A more reasonable person would have bought back at $100 or $1k or today. There is still time to buy Bitcoin.

Who doesn't want to be right? But there are times when clearly the decision was wrong and there is no coming back from it. This is of course the case with the early adopters of Bitcoin who didn't (and can't blame them) believe that it will become as big as it is today. Though, these are the consequences people need to live by...

Ararbermas

sr. member

Activity: 1988

Merit: 283

Its an epic fail. Lol and for sure behind of his regrets are doubts and how the way they're relies to others instead of making their own research wherein in order to obtain specific information such how long bitcoin will pump or whats the potential of bitcoin when it comes long term. sad to say that's the fact, i mean even nowadays wherein the price is so expensive there are still some people who underestimate bitcoin.. Perhaps we are out of it because it's their choice so who cares. Grin

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

Even with ETH today, I also have some regrets for not keeping the ETHI have bought while its price was just $7 each. We were just soo early in the game that whenever expect the prices could go huge as what we have today.

1700 BTC today, Greg will already be a legend. I do hope he bought back some of his BTC though. When you are an early investor you normally will come back and save some for the future even just a few of it.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

I do have some regrets when it comes to selling my bitcoins, too. Sold most of the lot on 2017 during the initial run to $19k, then a few years later I am seeing prices up to $60k per bitcoin. But to think that most of the proceeds of the sale that I did back in 2017 went to fund something great, and something that I still benefit from up to now, maybe it wasn't that bad, although of course if only I knew that things would push insanely high in just a span of 4 years, I would have held it even further to make lots of profit. Then again, no one knew, but still it's really rewarding to be a part of something that everyone thought was a scam at first.

Kakmakr

legendary

Activity: 3430

Merit: 1957

Leading Crypto Sports Betting & Casino Platform

Seller regrets will always be an issue with Bitcoiners that sold at a lower price than what it will be in the future and that is not unique to Bitcoin. The same thing happens with a lot of other Commodities.

In 2007..the Gold price was $600/oz ..so if someone sold their Gold in 2008 for $1000/oz ..... they will have the same "Seller regrets" when the price went up to $1900/oz in 2011. Wink

Why should this be any different for Bitcoin sellers? ( I bought several bitcoins at $300+ back in the day.. and sold it at $1000 shortly after that... thinking that it will never go higher than that.... I was so wrong, but just bought back some more and sold that later for 800% profits a few years after that.... not knowing that the price will go to $60 000+ Sad

) I think I am lucky, because some people sold at a loss after the 80% drop in the price that lasted 3 years... Wink

xSkylarx

hero member

Activity: 2352

Merit: 593

Quote from: Shenzou on November 03, 2021, 02:03:58 AM

It is easy to judge and laugh at people and their past actions, but some of us have done the same exact thing even when the price was still promising, and even if you didn't you might in the future and you will always look back and say i wish i have kept them, the thing is we can't predict the future and we don't live forever so it is better to enjoy things while you still can instead of just hording and not spending any of it just for the sake of it reaching higher prices, it is good to think about the future but also it is good to live the moment and enjoy the present.

I believe that we should simply laugh at our mistakes while also learning from our experiences. When it comes to my own mistakes, they were not as severe as this one, but they could have made me wealthy if I hadn't sold my bitcoins in 2016, which is a sad thought when I think about it. I agree that we can't predict it, so if we make a mistake by not holding it, I believe now is the time to hold it because we don't want to make the same mistake again. Let's take a chance on something in the hope of receiving something in return.

pooya87

legendary

Activity: 3444

Merit: 10558

Things like this could be a little misleading because the "missed opportunity" was not the fact that this person sold his coins at whatever price, the actual missed opportunity is when you sell but never buy back in either the dip or when you figure you made a mistake and price goes higher.

Quote from: Vaskiy on November 02, 2021, 03:17:20 AM

Now all he have is ethereum and few other altcoins and not bitcoins.

In other words he is still an idiot since he is baghlding shitcoins. It is true that some people never change which is why we always see only a small number of successful people while the rest are chasing their own tail.

davis196

hero member

Activity: 2968

Merit: 913

A few years ago,I've sold multiple Bitcoins at a price below 1K USD or even below 3K USD.
Do I regret this?Yes.Was I expecting that the Bitcoin price is ever going to hit 60K USD back then?Definitely NO.There's no point of looking at the past and regretting your mistakes.We just have to move on.
That guy (Greg Schoen) probably would have never expected that the Bitcoin price would ever hit even 1 dollar.That's why he sold his BTC.
This might look silly now,but try to put yourself in the shoes of a guy having Bitcoins back in 2011,when Bitcoin was still considered an experiment.Why you sell those Bitcoins for USD?Probably yes...

Topic: Verified Information - Missed Opportunities (Read 234 times)