I cannot regret not starting it earlier because I had no idea on how it works.
Topic: What stopped you from starting crypto earlier??? (Read 476 times)
I cannot regret not starting it earlier because I had no idea on how it works.
I heard about Bitcoin earlier but no one to guild me into it.
As they usually say that information is power,if you are not informed,you are deformed.Later when my friend introduced it to me,and showed me how it works,I started doing the needful and crypto started paying.
I cannot regret not starting it earlier because I had no idea on how it works.
As they usually say that information is power,if you are not informed,you are deformed.Later when my friend introduced it to me,and showed me how it works,I started doing the needful and crypto started paying.
I cannot regret not starting it earlier because I had no idea on how it works.
When Bitcoin came to my knowledge was almost the same time ponzi schemes was on the rise and many victims fell for ponzi and those who were knowledgeable about Bitcoin didn't know how to sell the technology to the next man so everything was generalized as ponzi this was my reason for missing out on this in early times
The first time a friend tell me about bitcoin, I was like it not real, it's is ponzi scheme, and also lack of clarity about bitcoin and crypto currency in general.
Previously I did not pay much attention to cryptocurrency because there were few people around me knew about it or use cryptocurrency. Lack of useful information around and no crypto ads around my accounts in the internet of in google. I knew that people used GPU power for some sort of calculations to mine Bitcoin. Besides this, I did not know people earn from it, how they use it and etc. For a long period Bitcoin for me was sort of an "internet money", like PayPal payment system or webmoney. I always thought that if I have PayPal to make payments in internet, why should I know and use something other.
I guess I'm one of the few who got lucky by getting in here through personal search fuelled by curiosity. One of the clicks on Bitcoin socials on the CMC site led me to this forum and I fired down once I got registered. I didn't dilly dally at all as I wanted to soak in as much information on Bitcoin as I could possibly get within a short time. It did work for me, and I realized that I started discussing Bitcoin passionately with friends. Though not many of them were keen to get on board then. Now, some are having a change of mind, and wanting in.
MONEY:
even after discovering that Cryptocurrency isn't a Ponzi scheme I still faced even a greater challenge which is MONEY
I never encountered this issue as I wasn't in a hurry in any way for investment. I didn't even know how to invest in cryptos at the time. All I wanted was to learn and post. Once I started earning here as I ranked up and became eligible for campaigns, I started investing. I never brought in fresh funds to invest. even after discovering that Cryptocurrency isn't a Ponzi scheme I still faced even a greater challenge which is MONEY
Despite the mistakes, I have no regrets. I was misinformed and judged bitcoin, and I was wrong, and I didn't just stop there; I invested in cloud mining with funds that would have bought me 0.9 bitcoin, but I was foolishly caught by those who were ahead of me because they knew what bitcoin was all about but fed us lies and led us down the wrong path.
Now, the mistake I made gave me the opportunity to learn the difference between left and right and was able to come to light, and I didn't stop there, I decided to embrace the knowledge of Bitcoin and here I am, it's assisting me in everything that I spit out from my small head. I'm proud of myself for learning, and the responses have been fantastic.
Now, the mistake I made gave me the opportunity to learn the difference between left and right and was able to come to light, and I didn't stop there, I decided to embrace the knowledge of Bitcoin and here I am, it's assisting me in everything that I spit out from my small head. I'm proud of myself for learning, and the responses have been fantastic.
hearing about bitcoin was great but the implementation was hard due to the traits of loosing your money because you don’t actually trust the person giving out the information, it was difficult to implement trusting someone to set up an account was difficult because of thief.. imagine when you’re setting up an account for a beginner who do not actually have 40% of ideals, this issue has caused a lot of persons not to engage themselves with bitcoin.. people needs someone who they can trust to make this work.. apart from setting up tutorials and online classes, I think there should be more effort to be done to reach out to those who are willing to invest in bitcoin but are afraid because of thief unlike the normal banking where an individual will be happy going to the bank to open an account because of the trust.. Would you agree with me that whatever a cashier tells it customers, that’s what they do because they believe it’s coming from a trusted source.
An interesting question that I asked myself also.
I first heard about bitcoin in 2013 from a friend but by then I had already invested larger amounts of money in some mlm and revshare programs and had no money to invest extra.
Besides, I didn’t bother to research it further because the idea didn’t seem serious to me.
It took another year and the collapse of my previous investments to go back to bitcoin and crypto and explore it in more detail, and finally register on this forum.
Still, I don't think I'm too late here and it took me a while to figure out what it was all about.
I first heard about bitcoin in 2013 from a friend but by then I had already invested larger amounts of money in some mlm and revshare programs and had no money to invest extra.
Besides, I didn’t bother to research it further because the idea didn’t seem serious to me.
It took another year and the collapse of my previous investments to go back to bitcoin and crypto and explore it in more detail, and finally register on this forum.
Still, I don't think I'm too late here and it took me a while to figure out what it was all about.
Was not aware of such. Yes, I feel, I should have known about Bitcoin / Crypto earlier. Since, it was said to be a rumor in its beginning stage, many might have ignored it and this is the main reason, crypto's existence did not reach everyone. But yes not too late, I really thank my friend who explained me about Bitcoin and crypto platform in 2016. From then on, yes investing and trading in many exchanges with profits and yes loss as well. But yes one of the best online platform I ever seen and used.
Literally just not sitting down and reading about it from the original sources.
I just kept hearing about it from 3rd parties, things like articles, TV, etc.
It was just until very recently that I sat down and read the whole thing from the original stuff.
Once I finished reading about it I was hooked. Can't believe I just went along with the opinion of these 3rd party people for so many years.
I just kept hearing about it from 3rd parties, things like articles, TV, etc.
It was just until very recently that I sat down and read the whole thing from the original stuff.
Once I finished reading about it I was hooked. Can't believe I just went along with the opinion of these 3rd party people for so many years.
WHAT STOPPED YOU FROM STARTING CRYPTO EARLIER???
WRONG INFORMATION:
The first time I heard of crypto I didn't know what it was about so I asked some person's around me and the way they explained it to me made it sound like it was a Ponzi scheme and even my parents were against the idea of Cryptocurrency they believed it to be an online waste of time project and I believed them and I regret taking their words😞😞😞
I think having the wrong information about cryptocurrency makes people to think that cryptocurrency is a very bad thing and many people thought it's scam, that it's just to scam people or deceive business partners, which is not true. I was also miss lead with wrong information, but after a deep research, I was able to get more knowledge and know some main fact about cryptocurrency,. I have 100%trust in cryptocurrency. WRONG INFORMATION:
The first time I heard of crypto I didn't know what it was about so I asked some person's around me and the way they explained it to me made it sound like it was a Ponzi scheme and even my parents were against the idea of Cryptocurrency they believed it to be an online waste of time project and I believed them and I regret taking their words😞😞😞
I heard about Bitcoin way earlier than I joined it (one year ago), the reason that I was not curious enough was that I had/have a very good job and didn't feel the need for more money, my focus in life is also enjoying hobbies, family. By that time I was also sick of spamming with binary options investments.
Mine was ignorance and lack of confidence, I knew and had heard so much about crypto currency, I was virtually seeing the profits persons where making out of it, but I was made to believe that It was tactical, demanding and needed lots of strategies to be able to succeed, yes it's true crypto needs all this but the way my tutor made it sound, it was obvious he didn't want me to participate in it cause he only ended up putting fear in me.
There are several reasons why someone is late to start joining the crypto world. Personally, I started late because of the lack of information that I got and my lack of trust in the crypto world. At that time there was no convincing reason why I had to join it. Only after I studied well did I get new information and knowledge that I decided to join it. It is true that we ourselves can convince to join crypto or not, therefore we must have the provisions to be able to start crypto so that we can use it well.
Because I was scared to invest the little money I had at the time. That's about it. I knew of BTC fairly early, but I was never the progressive type when it comes to believing in new ideas. I have since learned to throw in a dollar or two in things I find interesting, just to see what sticks. But that was my mistake. Being at the right place at the right time, and not having enough balls to pull the trigger and invest.
WHAT STOPPED YOU FROM STARTING CRYPTO EARLIER???
I think it is not because it stopped me but rather that its popularity was not that widespread when the time I entered this space.
Back in 2017 (a struggling college student), I remembered that I was having this conversation about watches with my friend. I told him that my dream was to purchase a Seiko watch (SKX-007) but I did not have the necessary funds to get it. He then told me that he participates into campaign signatures that garner him roughly $20/week, so he introduced me to this forum/space. I will be quite frank, that was the first time I ever heard of "bitcoin" and its characteristics.
Earlier means possibly 2009 or 2010 in my case. I only engage on crypto last 2017 it's the time we're almost new project startup are starting to evolve. Yes it's seems pretty new to me but if I dedicated my whole time studying it and focus on some coins that I am now familiar with today then definitely I could go back in time and start with these lile time machine that let me do all the mistake and regrets I wasn't able to do.
I am pretty sure that most people don't go to crypto world earlier because of the news and wrong information. As we know that there are some wrong info and fake news about Bitcoin and cryptocurrencies. There must be spreading the negaitve news about the weakness, risks, and danger of crypto.
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In my opinion, Crypto started from the point of view for a newbie to enter. First, they think crypto is a fast-paced world of making money. However, the fact is they do not want to hold when bearish. Then, Leverage trading crypto, generates thousands of % profit, but they forget that they don't understand analysis yet, and only start with "people say".
They stopped because of money laundry, they forgot fiat money was also used for this need. All negative actions related to money can basically be used for laundering. it's just that the government and crypto haters are exaggerating this issue. Leading opinion, that crypto is not good, which returns to a newbie's immediately changes when they hear the warning.
I am pretty sure that most people don't go to crypto world earlier because of the news and wrong information. As we know that there are some wrong info and fake news about Bitcoin and cryptocurrencies. There must be spreading the negaitve news about the weakness, risks, and danger of crypto.
As in my country, crypto is always related to something called "haram" that is why many people choose to avoid crypto or stop from crypto world about the statement.
Crypto is also issued as a danger because mostly used by criminals around the world, money laundry, terrorists, and others. So bad because they don't even crosscheck the news and also positive sides.
And I think that people who living in a country that ban crypto will also not go to the crypto world earlier because they are afraid being arrested or even being wrong to do something ilegal.
And about money, yes it may be also the favtor, but it is small party.
As in my country, crypto is always related to something called "haram" that is why many people choose to avoid crypto or stop from crypto world about the statement.
Crypto is also issued as a danger because mostly used by criminals around the world, money laundry, terrorists, and others. So bad because they don't even crosscheck the news and also positive sides.
And I think that people who living in a country that ban crypto will also not go to the crypto world earlier because they are afraid being arrested or even being wrong to do something ilegal.
And about money, yes it may be also the favtor, but it is small party.
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