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Topic: What's the way to be an early participant? (Read 296 times)

hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
August 08, 2024, 03:53:52 PM
#30
Being an early participant is no longer possible since crypto existed for a long time already although there's no such thing as being too late. Cryptocurrency being volatile gives people a chance to earn profit especially when you bought crypto when it's in low price or dip time and selling when the price increase (bullrun). Many newbies have posted here in the forum asking if they were too late to invest in bitcoin but it isn't because there's always a chance for everyone to earn.
hero member
Activity: 994
Merit: 1089
What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..
I don't know if we would ever get a cryptocurrency like BTC in the future, but if you meant in a different sector other than cryptocurrency, then all you have to do is believe, when most people do not, if you believe the project has a future, join when little to no one can see that future, that is what most BTC early adopters did. Satoshi was never ready to convince you if you didn't believe, but so many people didn't need convincing, they knew Satoshi had just created something great and they joined.
sr. member
Activity: 490
Merit: 325
I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

I just want you to know that duration of stay in the Forum doesn't equate to the quantity of Bitcoin some people has hold in this forum, sorry that's not how it works. Some people have really achieved alot even from their post history you can tell but some people don't hold much Bitcoin and even the ones that did before now has sold most of their coins, only few of them still hold Bitcoin to date since the days they have been revolutionary about Bitcoin.

If I have had the opportunity about been early participants, I'm not sure about if I'm going to hold it to now, not because I'm don't believe much in Bitcoin but because I may have been too tempted about it to sell due to financial problems. I can't hold my problems seeing that I have much problems to solve, this is why I'm unsure about holding Bitcoin to now, maybe I will hold rest and might have sold a lot in the past bull run.
copper member
Activity: 56
Merit: 1
I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

You need to get rid of the get-rich mentality and adopt the this-is-a-good-long-term-investment mentality. Bitcoin has so much more room to grow. We could be at 1 mill per coin in the near future. Would you then consider buying Bitcoin today an "early adoption"? In other words, it is all relative. Just invest in what you believe in.

Thanks for these thoughts! It's really up to OP to see the big picture and understand there are so many possibilities already that he can go and try himself in, rather than thinking that he lost the crypto train.

Even including BTC, like you mentioned. It's never too late to start learning and becoming better. As a community member, as a crypto enthusiast, and as an investor.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

You need to get rid of the get-rich mentality and adopt the this-is-a-good-long-term-investment mentality. Bitcoin has so much more room to grow. We could be at 1 mill per coin in the near future. Would you then consider buying Bitcoin today an "early adoption"? In other words, it is all relative. Just invest in what you believe in.
full member
Activity: 466
Merit: 159
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Maybe most of them have been here for a long time, which you mean they already have some assets, but we need to see how they learn everything on the forum, and the time they put in, we think this is appropriate for them. It could be said that they are experts in understanding everything.

What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

 just like us who want to learn something, Bitcoin is something very valuable, because there are many people who want to jump into Bitcoin. It takes a little time to understand what is called Bitcoin and how the process in Bitcoin, we learn it from the way of mining and investing here, this forum provides a lot of education related to Bitcoin and other alternatives if you want to understand it.

It's a very good thing if you take the initiative to have Bitcoin, you can adopt Bitcoin like Investors who already hold Bitcoin, this will have a good impact on you. you should take the next action to become a good Investor.
legendary
Activity: 3136
Merit: 1172
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I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

I would call it a bit of luck to know about something like Bitcoin at an early stage and then to have a vision that someday it would become as big as Bitcoin is now a days.
For example, if you had known Bitcoin in 2011, or 2012 you may not have bought it in big quality because we have no idea that it will be so highly priced as it is now.
Most probably you would have bought and then sold for some profits and would not be holding for 10 long years. Who has such big vision of a technology that is on its early stages  Huh

legendary
Activity: 2716
Merit: 1855
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Being an early participant will not always be a guarantee that they will make more profits,
because it depends on how they believe in a new project that is completely unknown to many people and can maintain it.

I found a lot of people in the past who had thousands of BTC, but then they sold it at a very cheap price if we look at it at the time,
but it would have been very expensive to hold it until now.

Those who couldn't hold back for the long term enjoyed their profits at the time, as did I who was on this forum in early 2016 and started collecting Bitcoin,
but sold it when the price was still $2k-$3k.
But back then when I sold it I made quite a profit and without regret not holding back now, it was just a journey of my Bitcoin story.
jr. member
Activity: 42
Merit: 10
Monero is the future, it's heavily undervalued today and a good opportunity to buy.

Do your own research and see for yourself, usage is increasing and wherever there is an option of Bitcoin and Monero, people are choosing Monero:

https://x.com/shopinbit/status/1811651225005195471
https://x.com/CoinCards/status/1809702144288882870

Because it's cheaper, faster and on top of that you get unrivaled privacy.

Estimate XMR rate 1000 usd during this cycle
Businesses that use privacy coins can keep their financial dealings confidential, which might be useful for competitive reasons or to protect sensitive business information. Privacy coins can help prevent discrimination based on spending habits or financial status by ensuring that personal financial data is not exposed. For personal transactions, privacy coins offer peace of mind, knowing that one's financial transactions are not easily accessible or traceable by others. Enhanced Fungibility is the property of a good or asset to be interchangeable with other goods or assets of the same type. Privacy coins are considered more fungible because each coin is indistinguishable from another, unlike Bitcoin, where coins can be tracked back to their origins.


Yep, it's like being in the past when Bitcoin was at ~150 USD  Wink and my friends didn't listen to me when I told them to buy it  Cheesy
They will want Monero when it hits similar levels to today's Bitcoin price and wish for time machine  Grin

The next big thing is here and not many can see it because of the low FIAT evaluation, it's funny how history repeats itself.  Cool
I think it may be the last true opportunity in cryptocurrency space as Monero has no issues hard forking making it practically future proof as it will update along with technological advancements.

There's practically no chance in booting up a project like this today without premine or dev-tax.
Even if it would somehow manage to attract enough miners from day 1 to secure the network (maybe by merge-mining) then Monero would just take any good tech it has and update it's own code  Grin

Bitcoin is moving, and the more time you waste, deciding to acquire some bitcoin, more you might be missing out from the crowd who will be enjoying the future benefits of holding BTC.

That boat has sailed away long time ago  Wink
sr. member
Activity: 336
Merit: 365
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They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

Most of the early men of the forum, were the big time lovers of Bitcoin. They mined BTC for the fun of it and at that that, it's value was pretty low. So they were so much happier to be members f a community where they were also able to share their experiences with this new revolutionary technology. Little dis they know that the will holding some feature treasures that is worth millions of dollars now. To answer your question, to be an early participant of Bitcoin, you have to buy once you have an opportunity to. Bitcoin is moving, and the more time you waste, deciding to acquire some bitcoin, more you might be missing out from the crowd who will be enjoying the future benefits of holding BTC.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..
Umm, buy bitcoin? Grin

Plain and simple indeed, it was the same answer 8years back when I joined this forum and is still is today and will be the same in the future.

In order to be part of the innovation, if you have developer skills you have better avenues for pursuit. But if you dont, then be a part of the holders of bitcoin and make it a point to keep adding bitcoin to your investment folio every few months when the prices drop.
jr. member
Activity: 71
Merit: 3
Monero is the future, it's heavily undervalued today and a good opportunity to buy.

Do your own research and see for yourself, usage is increasing and wherever there is an option of Bitcoin and Monero, people are choosing Monero:

https://x.com/shopinbit/status/1811651225005195471
https://x.com/CoinCards/status/1809702144288882870

Because it's cheaper, faster and on top of that you get unrivaled privacy.

Estimate XMR rate 1000 usd during this cycle
Businesses that use privacy coins can keep their financial dealings confidential, which might be useful for competitive reasons or to protect sensitive business information. Privacy coins can help prevent discrimination based on spending habits or financial status by ensuring that personal financial data is not exposed. For personal transactions, privacy coins offer peace of mind, knowing that one's financial transactions are not easily accessible or traceable by others. Enhanced Fungibility is the property of a good or asset to be interchangeable with other goods or assets of the same type. Privacy coins are considered more fungible because each coin is indistinguishable from another, unlike Bitcoin, where coins can be tracked back to their origins.
legendary
Activity: 3248
Merit: 1402
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I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..
Most of us joined the forum and became interested in cryptos not in early days and not even in early years. So yes, those initial stages are far behind us, and it's hard to say what's the next big thing worth joining early. But from a different perspective, we're all still early Bitcoin users and enthusiasts. Even though Bitcoin gained significant media attention, and serious funds and authorities have to take it into account, Bitcoin is used by less than 5% of the world's population. If we expect is to go to mass adoption, then it's still early days, still a time to be a part of something bigger.
hero member
Activity: 3038
Merit: 634
I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves.
No doubt that the early adopters are legends. While the world has been against them, they know what they're up to and they've believed to Bitcoin project that probably many didn't like at first.

What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..
There will be no more new Bitcoin but if you're up into something like this, you'd probably looking at another crypto project for which many of them are just like fly by night projects.

It's hard to find new projects that are innovative and gives the exact feeling of early adoption of BTC.
jr. member
Activity: 42
Merit: 10
You have time to respond to someone with obvious agender to promote unknown coin? It's either he's part of the team or being paid to spam the forum with their promotion. There's no point arguing about which is better, if it has potential, people will certainly go for it.

This post is about early participation so I gave him example.
I am not a spammer, I think my posts are good contribution instead of some generic ones that people are posting here.

And I am not that poor to look for earning money by spamming forums, by adding "ROLLBIT" or other scams in my profile Grin Grin Grin

BTW. Unknown coin ? Monero ?  Cheesy
If it is unknown to you, you are doing poor research.
sr. member
Activity: 798
Merit: 364
Monero is not better in every way than Bitcoin. Its anonymity could be its biggest advantage. But I still choose Bitcoin as the best cryptocurrency. You can choose, Monero, that's your decision.

You have time to respond to someone with obvious agender to promote unknown coin? It's either he's part of the team or being paid to spam the forum with their promotion. There's no point arguing about which is better, if it has potential, people will certainly go for it.

Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

The only way you can be among early participants is to get started at the right time. As for bitcoin, if you haven't started yet you've missed being part of earlier participants but starting now can make you be among early participants. A time will come when doubting Thomas will regard you as early adopter too.

Mind you, don't just jump into any project without due diligence and research all in the name of you want to be among early participants.
jr. member
Activity: 42
Merit: 10
I suspect this pointless posts from new accounts are created by the same people who give generic answers just to earn money from advertisements they have in their profile.
sr. member
Activity: 1022
Merit: 363
I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

You made a lot of digging and can't blame you to think that way especially if you look at the old value of bitcoin way back before. But actually not all people became so rich after bitcoin reach at this current price since I see some several people before who do earn and sell schemes. They didn't left anything in their bags and just sell whatever they earn since no one believe before that bitcoin would able to reach this far. Bitcoin is new and future is unsure that's why lots of people from old era think about they miss a opportunity to become a millionaire since they sold all their earnings before when the price of bitcoins is so cheap.

But even though with those cases still there's something more to look after even if the price of bitcoin is bit expensive to the eyes of current adapter. They just need to accumulate what they can afford since for sure they will still get rewarded. Bitcoin has many things to offer and those people continue to believe will provably get reward especially as we know there's limited supply of bitcoin and lots of people still buying it.
jr. member
Activity: 42
Merit: 10
Early crypto investor James Howells, 38, made the calamitous mistake of accidentally throwing away 8,000 Bitcoins ten years ago and is now launching a legal fight to get them back.

He has never proved he owned any Bitcoins and he then advertised Bitcoin Cash.
It's a fake story to promote his profile and the "legal fight" is just a stunt to gain credibility and popularity.
If he really believed so much in Bitcoin, why he didn't bought it when it was still cheap ? because it's all a fake story.
legendary
Activity: 3080
Merit: 1353
I read some of the early posts on this forum. Some people have been on Bitcoin forums since 2010, 2011. Maybe they're already very rich. I read Hal Feeney's post on the forum. As I read it, I was wondering how great it would have been to be at the beginning of a revolution, the huge wave of Bitcoin. It's not just about wanting to have a lot of Bitcoin and get rich. Rather, being an early participant in something that changes the world, in itself, is very exciting. Looking at the old transitions of Bitcoin makes my heart race for some reason. They're really legendary in themselves. What do you do to be an early participant in something innovative like Bitcoin? I really want to do that in the future..

It could be a blessing or a curse to be honest, if you are early then,

(a), you really don't know if Bitcoin is going to be big, and we have seen that some of them have sold very early and they are regretting their decision to do so
(b), others lost their private keys, have you heard about the case of Early crypto investor James Howells, 38, made the calamitous mistake of accidentally throwing away 8,000 Bitcoins ten years ago and is now launching a legal fight to get them back.
(c), those early birds who believed on Satoshi and they try to buy as much as they can during those early years

So again, no one can turn back the clock, we all could have been a Bitcoin enthusiast that time and could be self millionaire when we could have accumulate thousands of BTC. But I guess not everyone is lucky that time to have found and truly understand the revolution that is taking place in 2010-2011.
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