Why I failed to make a fortune as an early bitcoin adopter? - page 2.

severaldetails

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Quote from: bloodnest on February 24, 2017, 08:56:08 AM

It honestly hurts how some Bitcoin (earlier) supporters such as myself miss out on opportunities because of the scams we invest in - that or just the necessities in life call for us to use up the investments we put into Bitcoin. Right now, like f*** man, why haven't I found success yet? ... It's a cycle, I'm just hustling and striving to make an income online where I don't have to break my principles.

I think it's the same with most things in life. Afterwards people are always smarter. Not just in economic things.
If I had know how things would end up with my wife, I would have surely taken another one...
I have found out, at least for myself, never to bee to greedy, that makes you blind.
And be happy with the things you have, that gives you satisfaction.

danherbias07

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Quote

With faith, investors succeed.
With faith, entrepreneurs succeed.
With faith, stockholders succeed.

All of a sudden it became a long term investment. The first time I looked at bitcoin I only saw a short time investment because of its history. It falls so quick then go way up also fast. With that kind of movement people are thinking buy then sell again but you will have to guard it.
But who is really more profitable here. Is it those who put their faith and just HODL or those who buy and sell although risky?
I dont regret selling when it was too early and I dont call that a failure also.

bloodnest

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It honestly hurts how some Bitcoin (earlier) supporters such as myself miss out on opportunities because of the scams we invest in - that or just the necessities in life call for us to use up the investments we put into Bitcoin. Right now, like f*** man, why haven't I found success yet? ... It's a cycle, I'm just hustling and striving to make an income online where I don't have to break my principles.

Sniper44

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lots of us that are here today have missed the chance to buy bitcoin at very cheap prices either for stupidity or lack of awareness. but we have had so many good opportunities for about 2 or 3 years to become a part of bitcoin's early adopters. there has been super cheap prices 6 times less than today.
the only reason why anyone misses the chance of becoming an early adopter of bitcoin is laziness and nothing else.

HatZpApA

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xxx

For who believes in bitcoin , maybe even an investment now at ~$1200 might be a good thing , if we think that BTC will go higher and higher as projects appear and businesses accept it as payment.
But as well , there might be a price correction in the next year , that could lead to a price of 500-700 and that would certainly be a point where "early investors" can get in!

BitcoinHodler

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HODLing is an art, not just a word...

i think the article was either poorly translated to English or the author is poorly telling the story, maybe my Inglish Soks.

in any case instead of talking about why we didn't invest while price was $100 and regretting the years gone by we should start thinking that yesterday price was lower than today and tomorrow price will be higher than today for at least a couple of more years.

if you care about profit invest today and become a BitcoinHodler instead of being afraid and postponing it until you find a dip!!!

Denker

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Quote from: CoinBreader on February 23, 2017, 07:48:19 AM

early adopter for my definition is
Buy Bitcoin under 20$ , mine bitcoin from your desktop computer using your cpu, if you done all this and still not being rich, then you have made a hell of wrong moves with your free money, Undecided

There were people who bought or mined Bitcoin when it was worth $1!
And they sold as the price was $10 because "that's the ultimate price".
The same with people who bought at $20 and sold at $100!!

These people had hundreds, thousands and some tens of thousands of coins!!!
No one at that time, even the guys with incredible financial and IT knowledge and background knew what could be possible with Bitcoin.
Only a very small group of people saw it and had the courage to hold or accumulate more.
You can not blame the really early adopters to have done something wrong.
In hindsight it's always easy to say what someone should have done and what not.

szpalata

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Quote from: bitkilo on February 24, 2017, 04:27:19 AM

Quote from: crazyivan on February 24, 2017, 01:15:05 AM

I think you re watching it the wrong way. What if current $1200 s a price where people who enter now can still be considered as early adopters? Maybe not that early, but still pioneers of the industry?

That's a great point to make, i would consider everyone here now who is using bitcoins an early adopter, we have a long long way to go yet.

I bet you're right and so we need to join the Bitcoin wagon now and not wait again to discuss this thread three years to come. We are in for massive pump fellow members, don't be afraid to buy more bitcoins and hold them down.

bitkilo

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https://www.bitcoin.com/

Quote from: crazyivan on February 24, 2017, 01:15:05 AM

I think you re watching it the wrong way. What if current $1200 s a price where people who enter now can still be considered as early adopters? Maybe not that early, but still pioneers of the industry?

That's a great point to make, i would consider everyone here now who is using bitcoins an early adopter, we have a long long way to go yet.

megynacuna

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I think we all have similar stories and if we had taken advantage of what we had earlier would have been Bitcoin whales by now, but it's a learning curve and in all this we have to learn to critically make the right choices going forward so as not to rue our fate in future.

eternalgloom

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Quote from: crazyivan on February 24, 2017, 01:15:05 AM

I think you re watching it the wrong way. What if current $1200 s a price where people who enter now can still be considered as early adopters? Maybe not that early, but still pioneers of the industry?

That what I'd think, I've bought Bitcoin less than 200 dollars, but also didn't get rich doing that. But I still consider myself an early adopter.
I just didn't have enough capital back then to invest.

Kemarit

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Those so called "early adopters" of bitcoin failed because of one simple reason,
they didn't see a good future on bitcoin that's why they either sold every bitcoin
they have or did not invest on it in the long run But who would predict that bitcoin
will rise its popularity as what we are experiencing right now?

I think if ever I'm one of the lucky one who adopted bitcoin early, I would not
expect to be rich as well. It is up to each individual to make a proper evaluation
and the risks involved investing in bitcoin.

crazyivan

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I think you re watching it the wrong way. What if current $1200 s a price where people who enter now can still be considered as early adopters? Maybe not that early, but still pioneers of the industry?

Herbert2020

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Quote from: Meuh6879 on February 23, 2017, 08:47:59 AM

Quote from: Herbert2020 on February 23, 2017, 04:14:46 AM

you need knowledge and experience to be successful.

so, a person that it has bid gold in 2000 at 200 USD ... and sell it at 1300 USD ... have no faith ?

[My name is .... Neo!]

stockholder have faith to keep a thing more than 10 years.

i wouldn't call that "faith", it is an educated investment. and stockholders don't keep a thing, they keep whatever they find profitable.
investing in bitcoin is an educated investment.
investing in this gold (pun intended) is dumb faith Cheesy

Kakmakr

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I am always inspired by the story of the founder of KFC. Mr. Sanders was 65 and reliant on a $105-a-month Social Security check when he incorporated Kentucky Fried Chicken and began driving his 1946 Ford around the country signing up new franchisees. {Most people his age goes on pension at that age}

If you are down and out, you fight the hardest to come back again, no matter what the outcome was of any of your previous failures. Learn from your mistakes and improve on your methods.

It is never too late to start over. { The price is $1200+ now and in 5 years the price might be $4000 or more, what will you say then, if you did not invest now? }

hl5460

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Quote from: BitDane on February 23, 2017, 11:37:00 PM

Quote from: darkangel11 on February 23, 2017, 04:54:47 AM

Do you want us to pity you OP? You haven't made a fortune, but you made money. You haven't said how much, but I expect working in that big Chinese company has brought you significant profits. You're probably dreaming of becoming a bitcoin millionaire, but if everyone could easily become one we'd be living in a world full of millionaires, dreaming of becoming multimillionaires.

Lol if you only read the article, it was not the OP but rather he shared a story about a person who invested much in Bitcoin when it was at a very low price, have an insight that it will increase 10x in price but failed to earn from it. This somehow tell us some lesson as what was posted earlier than this comment.

That's right. Thanks for pointing out.

dothebeats

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I'm not an early adopter, but I did have some bitcoins prior to the ATH and after the ATH but I was poor on handling them and out of greed, I invested them some in HYIPs not knowing what they were before and some cloud mining sites due to my laziness. However, that downturn doesn't end my continuous struggle to earn more and profit more, that's why after I got a decent-paying job, I bought bitcoin every paycheck starting 2014 up until now. Currently holding 2-figures in btc and I consider myself a millionaire (due to its prices here in our country) but not that totally rich.

gracia0023

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I was a newbie here in bitcoin. But as far as I know, it need a good mindset and wisdom to become successful in bitcoin.. There's no easy money. We need to pursue everything that we do. Never give up, failing doesnt mean you have to stop bitcoin. Try to be more sensitive in every transaction you do. I think those will help us to get a brighter future with bitcoin.

BitDane

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Quote from: darkangel11 on February 23, 2017, 04:54:47 AM

Do you want us to pity you OP? You haven't made a fortune, but you made money. You haven't said how much, but I expect working in that big Chinese company has brought you significant profits. You're probably dreaming of becoming a bitcoin millionaire, but if everyone could easily become one we'd be living in a world full of millionaires, dreaming of becoming multimillionaires.

Lol if you only read the article, it was not the OP but rather he shared a story about a person who invested much in Bitcoin when it was at a very low price, have an insight that it will increase 10x in price but failed to earn from it. This somehow tell us some lesson as what was posted earlier than this comment.

mistercashking

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im not an early adopter but got in around 280 - 300 wish I would have bought more of these magical internet coins. lol

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