What is your biggest regret in cryptocurrency? - page 2.

Dunamisx

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

Most of us may have this kind of story to tell, whereby some have the opportunity of making early investment in which they ignore while some were not given that same privilege, but only discover about bitcoin at their own appropriate time after getting exposure, for sure, we may all have wish that we are part of the early investors, but there are opportunities that appears in the early stage whereby we don't give close attention to, thinking it may amount to nothing at the end, some of us may not be willing of taking risk on them, but later to discover they have potentials that could have served us with what we want, this is how bitcoin was, from it early days, some missed the opportunity by their refusal while some were not aware it ever existed until now.

avikz

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

Well that's exactly my story and my biggest regret till date. I actually found out about bitcoin in late 2009 but didn't buy it. Also I have a decent desktop that time which I could have used to mine bitcoin. But later I discovered it in 2015 and staying with it till date.

I could have been a millionaire today but I am still working to live a comfortable life!

Blitzboy

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In my life, I've made some big calls that have paid off and some that didnt. Thats how business works and how life works. But why waste time thinking about "what-ifs"? Thats for people who lose. Did you miss the early days of Bitcoin? Most people did the same thing. Smart play doesnt cry over it; it knows how the game works. Thats the real win: each cycle taught me more about the market and technology. You people worry about lost money, but Im worried about what I've learned. That is how nations are made. I got smarter with every move, good or bad. People who cant see the big picture or change are the ones who feel regret.

Peanutswar

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Like the other's mistake, having a late introduction to bitcoin, Ive been addicted in playing games, most likely the use of the computer during the era of 2011 and of course that time only know is like what other children doing playing games, and of course have a small budget that time and if i get an introduction with the bitcoin on that era i guess I invested all of my money in BTC and not too much playing games. Well its part of the regrets now, that's the time when the halving last time I make myself quite knowledgeable and profitable so this time I wont skip the upcoming halving event.

Nrcewker

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I don’t consider anything as regret, but yes the incident that I will tell you now made me value Bitcoins more than I was doing it before. So back during at 2019, I sold 1 whole bitcoins for 9000$. I expected Bitcoins won’t go above this and as I was impatient, hence I made little profit at that time by selling 1 Bitcoin. Now, I know the importance of Bitcoins, hence I am regularly accumulating it, and selling when I need emergency funds.

leonair

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

Bitcoin has always been overlooked by early adopters or hobbyists. And because of this negligence they did not hold the bitcoins carefully thus there are many people who lost their bitcoins. Now those people who are looking at the current state of Bitcoin have nothing to do but regret. I didn't buy bitcoins at the beginning of science but later bought them in the bull market of 2017 but didn't hold onto them and I still regret them a lot.

0t3p0t

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I knew Bitcoin when it's price was like $300-$500 though I am only doing faucets that time because I don't have idea yet on how to buy it or other ways to accumulate more coins. And look at the price now, though I don't really know what will happen if ever I got a lot of Bitcoins that time maybe I had already sold it as well in 2016 or 2017 or when price is getting higher.

Dave1

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

I guess that's the "basic" regret here for some of us, we have heard bitcoin early, and we didn't take interest on it until like 2017 when the price is already about in the 4 digits when I have the chance to invest on it early.

But we should move forward though, let this be a big lesson for us an for those who are not into crypto or Bitcoin, they still have the time to invest and involved themselves and learn what crypto can and will bring to their lives if they will dedicated themselves here.

Odohu

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

A good number of the people that will comment on this thread will have almost the same regrets which include but not limited to:

Investing in shitcoins and thereby losing money
Not buying Bitcoin earlier when they first heard about it
Not holding Bitcoin from when they started buying till date.

Many people including myself have the regrets of not simply buying and holding Bitcoin instead of investing in some shitcoins that resulted in loss. Sometimes too I do check the wallets I used when I started and most times I end up not feeling good about it when I compare how much Bitcoin have passed through the wallet. I have also been scammed a couple of times as well due to greed and quest for quick profits. These are the regrets I have had so far.

angrybirdy

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

I found bitcoin since year 2016 and one of the biggest regret that I've ever made is by not holding for too long the btc that I have, by selling it at the lower price back then and and if I think about it and look back on that incident, it's really sad because if I didn't sell it, I might have a lot of money now and I could have bought one of my goals before, but that's how life really is, there are things we really don't expect it to happen, at least we have learned and know what to do in case there is another opportunity or rising altcoin that comes out.

HideYourKeys

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I had the chance to get bitcoin at a much lower price, but in any case, I would probably have sold many... It is easier to hold now, than it was on 2013 for instance

Fiatless

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside and then forgot about it until it appeared in the media in 2013.

I won't blame anybody who failed to buy Bitcoin at its early stage because it was a new invention. Before then people knew only fiat, so investing in something strange will be highly unlikely. It will take people who understand blockchain technology and also willing to take risks. Many people carelessly lost their keys, while some sold before the price increased and many more stories.

I don't have any regrets about my adventure in the crypto industry because it is still at its infant stage and still holds diverse opportunities. We cannot shape the past but we can take advantage of today's opportunity and plan for the future. We do not just listen or hear about these regretful stories but gain lessons which will help us make the right decisions.

Samlucky O

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

Though your story looks not complete but I got your message. the truth is that most people have regretted not buying bitcoin when it was lesser In values maybe when it was some cents not upto $1. But the truth remains that people don believe in hype or what people predict about the future until the see the results before they can believe. As at them no one would have believe that someday bitcoin would be this expensive untill now. I. Equally not happy not having enough stash of Bitcoin in my wallet because I was not informed and even if I was I form, I was a college student who depends on parents, I wouldn't have even invested on it because bitcoin is along time journey which I am not that patient to wait then, compeard to now.

hugeblack

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

If someone offered you to buy XZXcoin at a price of 100 USD, would you buy it? Of course not. Many did not buy Bitcoin until after 2013, and everyone who owned Bitcoin before that mined it. Therefore, if you had mined Bitcoin for free, then selling it at a price of 1-10 dollars will be good.

I sold some Bitcoin at a price of $4,000 and today its price is more than $70,000. It may be $700,000 after several years, and we will see some people saying that if the price of Bitcoin was $70,000, I would have put all my wealth in Bitcoin.

criptoevangelista

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These stories are extremely common, I discovered bitcoin myself in 2011, and like many people did, I also didn't care and didn't buy it.

In fact, I had no way of knowing exactly whether it would work or not, it was practically impossible to know that it would appreciate so much. .. Cases of people from that time who kept their bitcoins in hodl until today must be very rare, because if you buy something for 0.10 and that something is worth 10 thousand dollars, it is very difficult not to want to sell.

SamReomo

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Bitcoin was a hidden gem during 2009-2010 and the ones who bought it back then or mined it in its early days were the lucky ones. There have been many stories of regret and each one of us regret when we didn't invest in Bitcoin.

I found about Bitcoin in 2016 when its price was below $700 but I wasn't sure about it and that's why I didn't invested any money in it. I used it for trading, but I was not sure about holding and that's why I regret that if I had invested around $45k to $60k in Bitcoin back then, now I would most probably a millionaire.

But, I'm still thankful that I found about this gem in 2016, and today I don't have any financial issues only because of Bitcoin. Our regrets can be converted in our happiness when we start doing things right from the current moment and forget about the past.

Smack That Ace

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Too many regret stories related to bitcoin have been discussed and you can search for them on this forum instead of creating a new topic.

I don't know how you missed out on bitcoins before, but I know you will continue to regret it even more if you don't own any bitcoins now. Additionally, having regrets and spending time reminiscing about the past will not help you get back the bitcoins you sold or lost. So use that time to collect as many bitcoins as possible, find ways to correct past mistakes, and don't let those regrets repeat themselves 10 years from now.

SAHASAN

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My first bitcoin buy in 2014 when the price was 400$ per btc but I understand bitcoin as a asset properly in 2017 Bull run.

peter0425

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Quote from: shanhaigamefi on April 17, 2024, 03:36:53 AM

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

Well at least he re-found it during 2013. The year had bitcoin going from high price to low price but it was still relatively low compared to now.

Even though that protagonist started paying attention to bitcoin when it had already hit a hundred dollars, that’s still better than finding bitcoin when it’s worth a whole house (at least in my country)

shanhaigamefi

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I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

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