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Bitcoin => Bitcoin Discussion => Topic started by: Princess Leah on June 22, 2024, 12:10:54 AM



Title: What ruined your chances of investing in Bitcoin earlier?
Post by: Princess Leah on June 22, 2024, 12:10:54 AM
 I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Churchillvv on June 22, 2024, 12:19:46 AM
For me, No regrets.

I believe everything has time, back when I heard of it, that wasn't my time to invest. Now I have a little stash it's my time.

Truth is everyone here appreciates the opportunity to be here and we all do our best to buy more bitcoin especially those of us who didn't buy earlier.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: kryptqnick on June 22, 2024, 04:30:53 AM
I think I hypothetically could have invested in Bitcoin earlier, but that would have been difficult for me at that time because of financial hurdles. I don't have any regrets regarding Bitcoin. Honestly, I don't think I have any regrets in life in general so far, as I try to look forward, not backward. There's some good stuff, some bad stuff, some very challenging stuff. But overall, I lean toward optimism in life and have hope for good outcomes.
It's okay to have doubts, it's okay to make mistakes. Bitcoin is so far adopted by under 5% of the population, so we may well still be in the early stages.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: moneystery on June 22, 2024, 05:45:26 AM
financial issues, to be honest that was the thing that prevented me from investing in bitcoin from the start, and moreover i was a little hesitant to put my money in bitcoin because of its unstable price. but that was in the past and it is very natural for beginners to think like that, now i am more confident and believe more in the potential of bitcoin and plan to invest in the long term by seeing how its value has increased significantly since i knew about it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: boyptc on June 22, 2024, 05:57:22 AM
Most of us have the same story on how we ended missing the opportunity. Probably due to a lot of internet scams and that's why we're too doubtful before.

Some would probably say that they've been an enthusiasts and believes on the tech of BTC but then, because of lack of funds, we can't invest.

I'm on the latter when I've finally knew about it but it's fine. There's always the opportunity and window for each and everyone of us on when we should invest.

To the others that haven't invested yet, this time might be your high but look at the next years, this is just going to be part of another next high.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Stepstowealth on June 22, 2024, 06:14:45 AM
I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money...
Ignorance means when you do not have any information about something, but in your own case you had information and had doubts too. So doubts and assumptions ruined your chances not ignorance. In my own case, I was very ignorant and did not know about bitcoins until I asked the proper question and got the right information. You may not get the right information if you do not ask the right question and the right people. Asking the wrong questions gets you answers that you do not need, asking the wrong people gets you the wrong or incomplete information.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Don Pedro Dinero on June 22, 2024, 06:47:53 AM
The first time I heard about bitcoin was the Mt.Gox scandal, and it was not a thing that invited me to invest. I guess it was mainly ignorance and seeing it at the time as being linked to scams or a Ponzi bubble. But well, in the end I invested and it hasn't been bad for me.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: coiningz on June 22, 2024, 07:34:49 AM
The only thing that ruined my chances is me. Was not brave enough to do it earlier


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Odohu on June 22, 2024, 07:49:01 AM
Mine was ignorance! I never knew or had in mind that holding Bitcoin will amount to a wise investment decision. I was simply buying and using Bitcoin  to pay for services across borders. If I had known that holding those Bitcoins or part of them would make me supper rich in the future, I would have simply jettisoned those businesses, some of which turned out to be scam, and save those precious coins and be living like a king now. I don't know if I should regret because through those businesses, I saw the power and beauty of Bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: SFR10 on June 22, 2024, 07:59:56 AM
@Princess Leah
As a short-term GPU miner [in 2011] who was a college student back then, my dead GPU ruined my chances, and considering that I had a small budget at my disposal, I had no choice but to forget about Bitcoin and mining as a whole.
- FWIW, I strongly believe "everything happens for a reason" (no regrets).


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Helena Yu on June 22, 2024, 08:28:36 AM
I disagree if you say lack of funds or didn't have a job was the reason why you not invest in Bitcoin.

Don't forget with the quote "only invest what you can afford to lose", at that time there's no money that you can afford to lose, which make you not want to invest and there's nothing wrong with that.

It's not your fault, but it just due to your condition at that time.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Spaceman1000$ on June 22, 2024, 08:47:12 AM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
In the early days of Bitcoin most of us in the sup Sahara African region didn't get the information on time, so to an extent our geographical location was a bit of hindrance for some of us. From the 2017 period you quoted that Bitcoin was above $10k, you could only have a microscopic few that could be able to afford to get Bitcoin at that time given the uncertainty that is always attached to a new commodity in this part of the world. But just like you said, that in 2020 you had to invest the amount you had with you haven seen the success stories and the growth of Bitcoin over time, that's exactly the same way some person's in this part of the world where I come from starting investing little by little, especially based on the knowledge on ground and what we've come to understand over time.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: DeathAngel on June 22, 2024, 09:12:59 AM
I started buying in 2015, I was aware of Bitcoin in 2013 but when I thought about buying the Gox crash happened. I was scared away then & only started buying in 2015. It worked out really well for me any way butcI could have had more Bitcoin if I’d had the balls to buy earlier. We all could have more Bitcoin but I guess we could have less too. I’m happy with my situation.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: michellee on June 22, 2024, 09:26:48 AM
I don't know about Bitcoin in the early time so I don't try to buy Bitcoin. But I don't regrets for what is happened because I am still investing in Bitcoin although that is late for me. But I am happy that I can join in the Bitcoin world from the faucet.

I continued my journey by buying Bitcoin from little amount and collect it into my wallets. You don't have to regrets it because you are still lucky enough that you can join in this forum and you can buy Bitcoin like other people. You can continue buying Bitcoin until you thinks it is enough.

It is not too late to buy Bitcoin now as the price gets another correction. You should use this time to buy Bitcoin and holds it until the price reach new ATH so you can sell it. Bitcoin price can still increase back and attaining more heights.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: peter0425 on June 22, 2024, 09:32:56 AM
I would say it's definitely awareness and resources. First of all, I wasn't the very first one to be aware of bitcoin. How can I invest in something that I did not know existed? When I finally knew about it, money was still an issue and I had to save up in order to actually invest.

I am sure many of us can relate that it is these two that ultimately hindered our chances in investing in bitcoin in a much earlier time. Nevertheless, we are all here now and hopefully no more challenges hinder our investments.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: legendbtc on June 22, 2024, 10:59:10 AM
Quote
What ruined your chances of investing in Bitcoin earlier?


In short, from what you said, what ruined your chances of investing in bitcoin was yourself. Because in the past, if you spent time learning about bitcoin and worked hard to have money to invest in bitcoin. Then you have not lost the opportunity to invest in it early.

It's all our fault for turning down the opportunity to invest early in bitcoin, not anyone else's. Don't give reasons or blame anyone when we are the ones making decisions for our lives. Also, regrets never make us better, so instead take it as a lesson and find ways not to repeat that mistake. As long as bitcoin exists, the opportunity is there for us and it is up to us to seize it or not.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: mirakal on June 22, 2024, 11:14:27 AM
Trust issue
 - you can really be trusting a kind of investment when you hear bad news and huge scams. Because in the first place, bitcoin doesn't look good and interesting which makes me doubtful about it. But things change especially when the first Bullrun hits, it absolutely changes my mindset. If I was still too dumb not to see the potential profit of bitcoin, I don't own any of this. Gladly everything changed and I have a reason for investing more than anyone else.

Most of us thought wrongly about bitcoin but I see it as normal because nobody takes risks in unproven profitable investment. It was just a few years after its creation makes people saw several statements saying bitcoin made them rich. It was then making some rich people and even celebrities invest which turns doubtful individuals to build trust and confidence.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Jating on June 22, 2024, 11:24:09 AM
However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

I wouldn't say that there's something that ruined us, imagine those early investors who have Bitcoin at like $30.00 sell it very early because they don't believed on it and most likely just invest because of the hype. And for sure they've known like in 2017 when we hit almost $20k and it could have made a lot of them millionaires. Or that guy that still looking for his Bitcoin, Man makes last-ditch effort to recover $280 million in bitcoin he accidentally threw out. (https://www.cnbc.com/2021/01/15/uk-man-makes-last-ditch-effort-to-recover-lost-bitcoin-hard-drive.html)

And you have a good mindset, we shouldn't look at those missed opportunities, but instead we should move forward as they are still a lot of opportunities to us to make big money here. Price though is very high, but we have DCA as the best strategy or foolproof method as it is very easy to understand and to implement even if you are a beginner.

So same for me, I don't have any regrets whatsoever and I do the best of my ability to accumulate and HODL and long for the long term. Specially that we are in a bull run already, just a matter of time before we hit a new all-time-high.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Wexnident on June 22, 2024, 11:34:26 AM
~
Just, not knowing about it in general. I was aware of it back in say, 2014, 2015 I think. My first idea of it was when a friend of mine told me one of the tech nerds in our batch was mining Bitcoin in the schools library computer. Sadly, I had limited knowledge of crypto back then, let alone Bitcoin so I wasn't able to start researching about it early on.

The next time I went ahead with fully investing in Bitcoin was pre-pandemic, like literally a few months before it. Sadly, the market crashed really badly. I was able to quit while I was ahead by a bit, but that ultimately sealed me from buying Bitcoin anymore due to it crashing down.

Fast forward to the last ATH crash to 18k-ish, that was basically the time I just started doing proper DCA strategy with Bitcoin. I've profited quite a bit considering where I started really.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Princess Leah on June 22, 2024, 11:37:55 AM

You may not get the right information if you do not ask the right question and the right people. Asking the wrong questions gets you answers that you do not need, asking the wrong people gets you the wrong or incomplete information.
Exactly, you may know about something, but lack the right  informations or understanding about it, which shows that you're ignorant about it and that was the point I was trying to make. Well the good thing is that we're opportuned to be in this great forum where we'll get the right and more informations concerning Bitcoin.

 Well your definition about ignorance might be to your own understanding but ignorance can also mean lack of understanding about certain things, one might have heard the world Bitcoin but don't know what it's all about, it's just like those people who still think and refer to every Cryptocurrency as Bitcoin, they know the word Bitcoin  but don't know what it's all about.

 Now what suitable word would you use to describe them if not ignorance, well at the early stages when I heard about it, it was ignorance that ruined my opportunity to invest, cause I lacked understanding about what it's all about which lead my doubts and assumptions concerning it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: pakhitheboss on June 22, 2024, 11:45:17 AM
snip..

I came to know about Bitcoin in 2011 when no one knew about it in a third world country. This happened cause one of my friend was at that time working in US and through Yahoo chat I came to know about an internet currency.

In 2015 another good friend of mine wanted me to invest in Bitcoin and Ethereum. I ignored him thinking that it will be another bubble that will explode. As of to date it has not exploded and Bitcoin is still a smooth sailor, sailing though the big waves.

The next time I heard about Bitcoin was when it was discussed in 2017 in the Big Bang Theory. I do not remember the episode but it was epic. After that episode I was desperate to be part of this revolution and I started doing some research and found out about this forum.

At first I used those lucrative altcoin bounties to get rewarded and then convert my altcoins to Satoshi. It was a great experience and I still remember how much efforts and time it took me to get to where I am now in the forum and with my wallet.
 


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: ektotanes on June 22, 2024, 02:30:38 PM
Sadly, I was mixing with the wrong crowd and didn't know about Bitcoin. If I knew earlier, I could have invested sooner. Now, I keep some bitcoin in ownr wallet and DCA.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Blitzboy on June 22, 2024, 02:43:17 PM
In the early days, Bitcoin was a mystery to everyone. Nobody knew if it was the real deal or just another scam, okay? Thats normal. People are naturally sceptical, especially about money. As they say, the early bird gets the worm, and you cant win without playing.

Investing goes beyond money and knowledge. Learning and improving are key. You started with little money and were late to the party, but you did amazing. You learnt and made good decisions, turning a tiny investment into much more. The art of the trade is there.

Bitcoin matters, but so does you. This experience grew you. Having learned to trust your instincts is worth more than money. Money changes, but the lesson remains.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: 348Judah on June 22, 2024, 03:00:13 PM
The moment i got to know about bitcoin then i was able to invest in it because I've heard of the opportunity in it and how this could help change a financial economy situation, i don't see anything as a hindrance as at then and till now, though I've seen so many people who were willing to invest but couldn't achieve so because they were not having either the money to exchange for it or the experience in it that could make them earn from it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: bangjoe on June 22, 2024, 03:18:57 PM
Everyone will have a level where they think they have to jump into bitcoin, I learned that correctly by natural law, maybe there are some people who can already enter at the $17k level even below but there are people who already know but don't jump, maybe they are not ready at that time, and then when the price of bitcoin is at the $60k price level they can only believe in bitcoin, and yes it's just a readiness in us, maybe we are ready at the bitcoin price level at $60k, there is nothing wrong and nothing to regret because indeed someone has a different entry level, this is a natural impulse.

Even people who know about bitcoin specifically at the bitcoin price level at $3, not necessarily he bought at that time.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: RockBell on June 22, 2024, 03:32:42 PM
When I heard about bitcoin i was like they are already looking for way to scam people, but when I even got the right information through my research it was almost late because of the price of bitcoin then so I almost gave up because I was like were do I even get the money to invest but if you plan and have the right information everything would be made easy because at first I did not know that you can buy in fractions and since I learnt that, I have gotten the perfect ways and it as been work for me since then because once the price goes down I will use part of my money to add to the numbers I already have.  I don't know maybe because of the nature of thing we have gone through will find it very difficult to believe, and even if we know their are scams every thing you need to know is online so their is not serious to worry about just worry about the security of your assets and how you can add to it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Ultegra134 on June 22, 2024, 04:27:26 PM
I discovered Bitcoin when it was valued at $200 per coin. I was a teenager back then with no means of payment. I asked my parents for their card, but of course they quickly shut me down. I managed to purchase approximately 0.40 to 0.50 Bitcoin through a forum, but was scammed once in the process. Fortunately, the rest of the of the transactions were with a more reputable user and turned out fine. Apart from that, my only way into acquiring Bitcoin was through faucets that paid a reasonable amount of satoshi; unfortunately, it wasn't enough, while most of my Bitcoin was wasted on random digital stuff or was left in wallets I no longer had access to. That was the end of my involvement until late 2016 or early 2017.

This was my first ruined chance at acquiring and maintaining Bitcoin; the second and probably worst of all was after the downfall in 2018. Bitcoin had crashed from $20,000 to 1/5 of its value. I was disheartened; I abandoned my coins on an online wallet and also abandoned the forum until early 2021. This must have been my worst move so far. Had I stuck around for a little longer, I would now have a significantly greater amount of bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: SOKO-DEKE on June 22, 2024, 04:52:41 PM

I also heard about Bitcoin for a very long time, but I did not pay attention to it. I wanted to learn and know what it is all about, whether it is a scam or not. However, I did not bother to learn about it because I did not want to invest myself in any Ponzi schemes due to my past experiences with them.

When I first heard about Bitcoin, it was not because I lacked the money to invest. At that time, I was getting support from my family while I was in college. I was fully focused on gambling and did not believe in online investments because of how I had been scammed before.

A few years after I first heard about Bitcoin, I was lucky to meet a school friend who had already invested in it. He always talked about Bitcoin, and that is how I decided to learn about Bitcoin and cryptocurrency in general. After gaining some knowledge about Bitcoin, I became interested in investing in it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: GiftedMAN on June 22, 2024, 04:58:04 PM
For me I had so many issues which affected my chances of investing earlier, fear, lack of self confidence, doubt and lack of knowledge.Even when I had the opportunity to acquire bitcoin because a friend of mine was already informed about bitcoin and he invested and was holding bitcoin comfortably without panic, I still didn't believe that bitcoin wasn't a scam since I believed the information that was been spread on the media by enemies of bitcoin to be true.

I think the days of living in regret was over few years ago when I became an investor even though the price of bitcoin has not dropped low like when I first got informed to acquire bitcoin then but am happy because the future is bright with bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: serjent05 on June 22, 2024, 05:04:32 PM
Mostly for those people who known Bitcoin in its earlier years but failed to get into the wagon are the lack of trust.  And for those who had hop in and eventually sold their holdings were due to financial issues.  While others just don't know that Bitcoin exist, in short the lack of awareness about Bitcoin.

In my case, I got to know BTC in early 2014 but sadly I do not have the financial capacity to accumulate much.  I started working to earn BTC at the later date but due to my financial needs, I have to sell my accumulated BTC. Since  I so wanted to own a property and at the same time renovate the house we are currently living in, I  needed a huge amount of money to execute such a plan so I have no other option but to sell my stash in order to finance that goal.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: bluebit25 on June 22, 2024, 05:14:22 PM
But the challenges that have passed have made me stronger, and I feel like I have many shortcomings, but perhaps the regret is gone because I feel grateful for everything even if it is not as expected. With bitcoin I also have many opportunities to buy at low price periods, but at some point I still need to sell it to spend on personal matters. But I'm happy because I learned about bitcoin and saw the opportunities that can change life conditions, anyway in this space there are many stories shared about how to make profits through bitcoin, but it dawned on me that I probably needed more bitcoin than I needed many other assets.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: darkangel11 on June 22, 2024, 08:25:54 PM
In my case it was lack of knowledge. I literally first heard the word bitcoin in 2013 from a friend. Before that I was into my hobbies, work, studying, playing computer games with friends, riding bicycle... My days were full and there was no place for bitcoin. Once I heard about it and became interested it was around the time when bitcoin went parabolic in 2013 but it felt like it was too expensive at the time with 8-10x rise in one year. When it fell down I bought my first coins and joined this forum.
I don't regret being late. In fact if I bought exactly when I first started reading about it, I'd face a scary pullback and lose over 50% of my money.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Distinctin on June 22, 2024, 08:56:54 PM
You’re right, don’t feel too regretting because everyone has certainly pass that stage, doubting the potentials of bitcoin since all we heard about it is telling everyone that bitcoin is a Ponzi scheme, and that it’s design to become a tool to all scammers and hackers, and encourage money laundering in the process. Good thing there’s bitcointalk forum that clears up everything. I know a lot have gone this kind of experience but the important thing is we end up never believing, and now we are already earning well and making significant profits out from bitcoin that we used to doubt before.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Saint-loup on June 22, 2024, 09:34:09 PM
First time I've heard of Bitcoin I thought it was a kind of virtual currency like the Linden Dollar, and since I wasn't playing much at video games I had no utility to use it. Few years later I tried to understand what it was actually but most of the information I found was talking about mining with very technical discussions and expensive hardware needed to mine it efficiently. So I dropped it a second time. The third and final one has been when I wanted to invest into gold, but many articles and discussions were talking about the "digital gold" instead, saying it was more profitable and easier to invest into it. So I decided to do it and my journey into the rabbit hole started like that.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: GbitG on June 22, 2024, 09:46:22 PM
I came to know about Bitcoin when it was priced around $500 or less, it was the era when faucets were newly introduced in the market and users were crazy about faucet claims and I was one of those people always sitting in front of my computer and claiming satoshis from each faucet.

We used to have faucet rotators in those days, it's a sort of a website where all faucet websites are added, you keep claiming from each website and clicking next and the next faucet website would open and then you can claim from that and continue doing that until you do it with all.

I always liked Bitcoin, since the beginning, the only reason why I couldn't or didn't buy Bitcoin at that time was because I didn't have money. I was a student, had no job, and my pocket money wasn't enough for me to do that.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Raflesia on June 22, 2024, 09:50:20 PM
There is nothing to regret regardless of whether you entered a few years ago or now because after all, confidence is the most important thing in this case and it could be that even if you entered a few years ago when you were not too sure then the result will be the same where you sell the assets you have and make it a new regret.

What has happened cannot be repeated and what must be thought of now is the future because we are already in the same boat where bitcoin is one of the choices to be used as a long-term investment so we must remind each other that this is a risky investment and as much as possible mentally and the confidence we have must be strong in order to survive well in bitcoin until our goals are achieved.  Its not wrong to regret what has happened but if we have to drag on with regret then we will never be able to survive because the shadows of past regrets are still there and will continue to make us doubt in the end.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Zaguru12 on June 22, 2024, 10:45:35 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.


Yes those who got on the train very early actually had the luxury to benefits but just like you many threw the opportunity away due to their ignorance about it. If you look well during the time there was a high number of Ponzi schemes that were revolving around and anything digital money then was a very big scare to people. I would say bitcoin then fell just into it and was actually too good to be true. As for your case I don’t think it would have still been ok then for you to invest because of lack of personal income. Investing then will have pushed you into unnecessary panic.

The thing is not everybody that even got the chance to invest early even made huge profits as we point it out to be now. Some might have panicked and sold at a little high or even a loss when it was facing dips then. It could be that you would have been part of the latter. So no need to worry about what has passed as I say to people bitcoin price below the 6 figure in $$ is still at an early stage if you ask me. Start DCAing now and not regret later


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: CryptopreneurBrainboss on June 22, 2024, 10:53:42 PM
However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

What ruined my chances was lack of finance and also disbelief because when Bitcoin started becoming popular in my country was during the days of ponzi scheme and just like my country men I also thought Bitcoin was a ponzi scheme and stayed away from it. If I'm being honest with myself I would had probably sold off my Bitcoin if I had invested then because the pressure was just too much but since I used that period to learn and got used to the industry, I can now stand my ground when Bitcoin is being dragged in the mud to correct those having a misconception about Bitcoin because they don't understand what Bitcoin is all about.

We should not take it for granted to get an inside view of what Bitcoin is all about before we start investing. I might have missed my first chance of buying Bitcoin then but I won't miss out on the opportunity before us today and it's no surprise that I'm doing everything possible to be able to own as many Bitcoin that I can get. Some new investors just joining the industry because of the bull season ahead will make the same mistake we made if they don't do their findings properly before investing.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: oktana on June 22, 2024, 11:06:00 PM
For me, No regrets.

I believe everything has time, back when I heard of it, that wasn't my time to invest. Now I have a little stash it's my time.

Truth is everyone here appreciates the opportunity to be here and we all do our best to buy more bitcoin especially those of us who didn't buy earlier.

These are my thoughts too. I imagine if everyone regrets not investing earlier and then somehow we all had the chance to change that. If everyone invests from then, Bitcoin wouldn’t be worth what it’s worth today. Now you’re buying it, you’re keeping it alive with that trade. And someone who buys Bitcoin next year is also adding to its growth.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Maus0728 on June 22, 2024, 11:21:29 PM
I was still a kid that wanted nothing to do with it and I've got other priorities that really mattered to me at that time and at the same time, bitcoin wasn't that popular as it should be when I was still a kid so I don't even have a knowledge oof bitcoin's existence yet so I'm not really sure how that can work. In a hindsight though, I feel like I would've hated bitcoin if it was introduced to me much earlier because I was surrounded by people at that time that don't think or anything like that when it comes to this kind of stuff and I'd say that I'm easy to be influenced at that time so I'm probably not in bitcoin community much earlier because I'll grew hating it because of the people around me at that time.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Dr.Bitcoin_Strange on June 23, 2024, 03:02:40 PM
What ruined my chance to invest in Bitcoin early, around 2017–2019, was actually a lack of ideal knowledge about Bitcoin. I heard about Bitcoin quite early, but I don't really understand it as much as I do right now. If I had had the Bitcoin knowledge I had now in 2017, I would have been able to buy some fractions of Bitcoin; money wouldn't have been an issue then. Even if I had not been able to spend about $1k to buy 1 Bitcoin, at least I would have still afforded half of it. 

Even when I had about $800 in 2019, I lost the money in a Forex market investment.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Yatsan on June 23, 2024, 05:04:00 PM
Fear and financial capacity. I think it is a normal thing especially with its early stages. Proof to this are instances such as the guy who traded his Bitcoin for a pizza.  Many people before had no positive belief that Bitcoin will become as big as with the present. Same goes actually tight now; many of us are expecting its market price to be higher like $100k or higher but why aren't we all buying at this point right? 'coz many people are still not knowledgeable with what they are desiring on personal conversation. It is okay to regret or do lose sometimes. What matters is how much you have learned from that instance. Learn and practice how you will make things a lot easier to all parties


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Casdinyard on June 24, 2024, 01:16:26 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
In a prior post I commented that the very reason why I wasn't able to invest any earlier than 2015-2016 was because I was a starving highschool student with little to no ways of making money. I wasn't born rich either so it's not like I can just ask my parents for money to investing, not that they will understand how it works anyway. In any case, thanks to this forum and the signature campaign program that it offers I was able to earn enough money to actually make my first million.

So while I didn't have many open doors for me from the get-go, it didn't necessarily become a reason for me to stop from starting and investing in bitcoin. It was an arduous process and it's definitely a long and winding one, but it's something that has honed and led me to this moment.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Jawhead999 on June 24, 2024, 01:22:29 PM
Simple, I just don't understand and trust Bitcoin, that's.

Bitcoin is still new, even though Bitcoin become popular recently, but it still not enough to convince people to invest in Bitcoin. There are still many people keep saying Bitcoin is scam or not real, I was like them before.

Fortunately I dare to take a step to buy Bitcoin with small amount of money and after I focus to learn Bitcoin deeply through this forum, here I'm, a Bitcoin maximalist. 8)


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: tottong on June 24, 2024, 04:35:06 PM
However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

This forum was quite helpful and I gained quite a meaningful experience while I was here and I discovered many new things. We are lucky enough to join here because we can continue to gain knowledge about Bitcoin and so on.
That's for sure because every time Bitcoin reaches ATH a new price will definitely appear and I have experienced this several times. It's never too late to start and people like that have said it before, but Bitcoin continues to show new prices. You need consistency to get involved in it and if you know the right way then slowly the Bitcoin assets you have will continue to increase.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Finestream on June 24, 2024, 04:54:40 PM
Fear and financial capacity. I think it is a normal thing especially with its early stages. Proof to this are instances such as the guy who traded his Bitcoin for a pizza.  Many people before had no positive belief that Bitcoin will become as big as with the present. Same goes actually tight now; many of us are expecting its market price to be higher like $100k or higher but why aren't we all buying at this point right? 'coz many people are still not knowledgeable with what they are desiring on personal conversation. It is okay to regret or do lose sometimes. What matters is how much you have learned from that instance. Learn and practice how you will make things a lot easier to all parties
Like most everyone else here, it's the fact that we are not highly knowledgeable about bitcoin that made us fearful to invest in bitcoin. And along with that, lack of finances that serves as a barrier not to invest in bitcoin. And with some negative feedbacks by majority of the people around me, that also discourage me to risk investing in bitcoin.

However, with all those barriers way back then, now I'm already confident to grab the opportunity to invest not because a lot of people are saying that it will bring life changing profits, but because I'm more aware and knowledgeable about the high potentials of bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Hyphen(-) on June 24, 2024, 05:10:16 PM
Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.
This mistake of not investing in Bitcoin in the early days is something that has happened to almost everyone here now because when Bitcoin comes, many never believe in it and think that it is another means to scam people while some think that it is a Ponzi scheme; nevertheless, it’s not too late for anyone to invest so as not to did such complain letter when Bitcoin go above $200k in the future.

Quote
However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
This is one of the best Bitcoin forum you will see, and I never see anyone regretting hoping this wonderful forum because whatever you need in this forum concerning Bitcoin, you will get it here, and any material or book that will teach more about Bitcoin can be shared to you here when the need arises. What I like most with this forum is that, many people are eager to render help concerning Bitcoin, and it’s always legit because they will discuss it generally here.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: noormcs5 on June 24, 2024, 05:56:19 PM
What ruined my chance to invest in Bitcoin early, around 2017–2019, was actually a lack of ideal knowledge about Bitcoin. I heard about Bitcoin quite early, but I don't really understand it as much as I do right now. If I had had the Bitcoin knowledge I had now in 2017, I would have been able to buy some fractions of Bitcoin; money wouldn't have been an issue then. Even if I had not been able to spend about $1k to buy 1 Bitcoin, at least I would have still afforded half of it. 

Usually, people hesitate to invest in bitcoin because they do not believe in it and have lack of knowledge. Those who have seen one or more bitcoin price four years cycles including the bull and the bear market, they very well know the importance of bitcoin and the investments in it.

Also, people who are newbie in crypto has so many sources to know about Bitcoin BTC. Also after the bitcoin ETF it is more trusted and those who only trusted the stock markets, know very well that now they can invest in bitcoins too. Times have changed now and more people are investing in Bitcoin. Those people like who knew about bitcoin early in 2016-17 and before and they didn't invest in them, they can only regret now.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: JoyMarsha on June 24, 2024, 07:12:16 PM
Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Pi-network314159 on June 24, 2024, 07:37:36 PM
I have alot of things that made me not to invest in bitcoin earlier. One of them is that I was younger when bitcoin came into existence so I could hardly know about it or Invest on it. Second It would have been hard for me then, considering that I was fed by my parents, asking them to help me invest in bitcoin would have been problematic because I didn't know much about it which I would have find it difficult to convince them about the importance of bitcoin because there was no evidence to show bitcoin performance. But today bitcoin has grown so big, making people to believe in it and also invest. In summary even if I had the opportunity I would not do anything because I never know much about it and was not financially boyant.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: milewilda on June 24, 2024, 08:29:12 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
We are on the same boat but my situation is much more life regretting thing. Why? I have heard about Bitcoin wayback when im still at college on year 2010 and same as you have perceived about it which
i do believe or thinking about being a new scam into the market on which i had just neglect it out and dont mind. On the moment that it had become that ringing out bells on year 2015-2016 then this is
where i do start up to remember that i have heard this thing 5 years before on which it did really make me regret on why i havent invested or trying to look for it into those early years?

This is why on the moment that i have that remembered on what i had missed then it does bring out that huge regret and would really be that making myself thinking about being rich
if i had that invested on that particular time but well whats done is done and time wont really be coming back and you had just missed out that golden train. This is why now im really that thriving
on making up some good decisions when it comes to crypto investment and finding up gems on which i do know that it would be having some potential.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: red4slash on June 24, 2024, 09:53:22 PM
I think everything ultimately has its own story but the most likely is that trust and confidence in bitcoin has always been an issue that simply cannot be let go of.

We know that this has always been a scourge where when we are new to bitcoin, it is certain that trust in bitcoin is very small in the end so that is what prevents us from being in bitcoin.
Because not a few people who are in bitcoin do not come from trust first but indeed see that their prices are getting bigger so try their luck in it without knowing what bitcoin is and how it works because they just want to be there and then learn about it after actually entering.

This happens to some people and indeed things like this I have also experienced so that trust in a small bitcoin which actually hinders what we will do because it is not uncommon for there to be a lot of people who know bitcoin from the beginning but only entered after bitcoin really became booming like today.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: rodskee on June 24, 2024, 10:57:05 PM
The first time I heard about bitcoin was the Mt.Gox scandal, and it was not a thing that invited me to invest. I guess it was mainly ignorance and seeing it at the time as being linked to scams or a Ponzi bubble. But well, in the end I invested and it hasn't been bad for me.
To be fair that’s a terrible introduction to crypto!

anyone would be a bit hesitant to continue further or pursue crypto if their first encounter with it was with such a controversy. tho many people try to research more, there are also ones who just believe the very thing they see.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Zoomic on June 24, 2024, 11:09:49 PM
I think everything ultimately has its own story but the most likely is that trust and confidence in bitcoin has always been an issue that simply cannot be let go of.

We know that this has always been a scourge where when we are new to bitcoin, it is certain that trust in bitcoin is very small in the end so that is what prevents us from being in bitcoin.
Because not a few people who are in bitcoin do not come from trust first but indeed see that their prices are getting bigger so try their luck in it without knowing what bitcoin is and how it works because they just want to be there and then learn about it after actually entering.

This happens to some people and indeed things like this I have also experienced so that trust in a small bitcoin which actually hinders what we will do because it is not uncommon for there to be a lot of people who know bitcoin from the beginning but only entered after bitcoin really became booming like today.
Yea, it wasn't just ignorance, but majority of us who heard about bitcoin for the first time had no faith and confidence in Bitcoin, we only joined the Bitcoin family after we must have seen and heard about the wonderful things bitcoin was doing.

I first heard about bitcoin in a period when there were lots of ponzi schemes which have duped many of their hard earned money. Bitcoin sounded just like one of those, so why should I have confidence in just another ponzi scheme? ;D my perception about it changed years after I realised the supposed "ponzi scheme" was still standing, no one has been duped and those who invested earlier are already enjoying all the benefits Bitcoin has to offer.

I have no regrets mate, now I have full confidence in Bitcoin and that's all I need to have a successful bitcoin investment. Investing in a project I'm not sure of would have led me into making wrong investment decisions or worst still withdraw my investment capital prematurely out of frustration.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: tabas on June 24, 2024, 11:23:54 PM
I have it heard from a friend and then he never mentioned bad things about it. Though he pointed out that it was mostly used for illegal things in the deep web and such. I have never regret that I firstly knew it. I started to get to know more about it from this great community and all of those barriers and negative impressions about it was overcome by Bitcoin.
Well, my standing before financially was not so well and that might be the problem of most of us when we entered on this space that is greatly appreciated now globally.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Sexylizzy2813 on June 25, 2024, 01:32:36 AM
Back then I never had any idea what Bitcoin was and to me it sounds like another way of being scammed, after getting to know a little about it I let it go because non of my friends who talked half about it came to give me the main information about Bitcoin and how I can make it become something big so I still had it in mind that is any way of scammers planning. If I had gotten some positive side of it like much explaining or lectures I believe I would have jumped into Bitcoin investment long ago so mine is lack of information that killed my opportunity.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Barikui1 on June 25, 2024, 06:27:27 AM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

Hmmm, if I could recall back, it was during the days of MMM, that was when I heard of Bitcoin,  I think that was in the year 2017, as at then I had zero knowledge of it, and due to the terrible experience I had with MMM, I thought it's one of this Ponzi scheme, so I just abstain, because after my the experience I got with MMM, I vow never to engage with any ponzi scheme again, so Bitcoin investment getting to my knowledge then, I just sees it as one of the new ponzi scheme that just came out, so that was how I missed the opportunity to invest in it earlier.

And during those days, technology hasn't gain popularity in my locality as of today, because we mostly sees anything done online as scam, and it all boils down to the experience we had with MMM, but with time, when technology start gaining more popularity and we start using it, that's when we start having regret that how we wish, we knew earlier.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Obari on June 25, 2024, 07:24:41 AM
“No regrets” best write I got here because if you keep reconning on the past for so long and it starts impairing the future and I’m sure no one wants that intentionally for themselves.
A lot of things actually contributed to ruining my chances of investing in bitcoin but the major one was the fear of been scammed and I actually heard about bitcoin the first time when Ponzi schemes where very rampant and making every other options of making money online seem like scam and after I grew past that very stage,

The second stage which was lack of fiat to buy BTC became the major issue, and with a very recessional country like mine, where the cost of living is already becoming very unbearable and saving becoming very impossible, I wouldn’t blame anyone who finds it very difficult to hold despite earning as well as having the DCA method because it seems everyone is already feeding from the works of your hands to their mouth without even having any savings left.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Maslate on June 25, 2024, 07:29:07 AM
What ruined my chance to invest in Bitcoin early, around 2017–2019, was actually a lack of ideal knowledge about Bitcoin. I heard about Bitcoin quite early, but I don't really understand it as much as I do right now. If I had had the Bitcoin knowledge I had now in 2017, I would have been able to buy some fractions of Bitcoin; money wouldn't have been an issue then. Even if I had not been able to spend about $1k to buy 1 Bitcoin, at least I would have still afforded half of it. 

Even when I had about $800 in 2019, I lost the money in a Forex market investment.
I believe everything has its perfect timing. Even myself, I used to neglect it the first time I heard it, not only because there is no concrete knowledge and is lacking of finances, but it’s more on a lot of people are saying that bitcoin is never legit but a big Ponzi scheme. So I really avoided bitcoin way back in its early years. Until I bumped into a trusted friend of mine and told me that bitcoin has always been legit.

From that day on, I started taking a lot of time researching about bitcoin, thankfully there’s this bitcointalk forum that gives clear discussion about bitcoin, which until now I’m completely active on it. You know, even if I missed those past opportunities, but to be honest I’ve no regrets with it. And just like I’ve said, everything has its perfect timing. And I think now is the perfect timing to trust bitcoin over other assets or investments.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Roseline492 on June 25, 2024, 07:49:09 AM
financial issues, to be honest that was the thing that prevented me from investing in bitcoin from the start, and moreover i was a little hesitant to put my money in bitcoin because of its unstable price. but that was in the past and it is very natural for beginners to think like that, now i am more confident and believe more in the potential of bitcoin and plan to invest in the long term by seeing how its value has increased significantly since i knew about it.

Financial issues is also one of the things that affected so many people from investing on Bitcoin because I believe so many people then had already gotten the insight that Bitcoin will be a good investment but lack of finance made them not to make use of the opportunity and also cryptocurrency was still very new to most people and they were not sure how real it is so they began to hesitate, however Ponzi scheme also contributed in corrupting people's mind on Bitcoin investment then.

So perhaps like you said those things are in the past now so what matters now is to learn from the past mistakes and correct it now because in as much as people have missed those opportunities to acquire Bitcoin doesn't mean that there are no more opportunity to invest on Bitcoin, so for me I will always continue my investment on Bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: CryptoBuds on June 25, 2024, 09:22:06 AM
I think everything ultimately has its own story but the most likely is that trust and confidence in bitcoin has always been an issue that simply cannot be let go of.

We know that this has always been a scourge where when we are new to bitcoin, it is certain that trust in bitcoin is very small in the end so that is what prevents us from being in bitcoin.
Because not a few people who are in bitcoin do not come from trust first but indeed see that their prices are getting bigger so try their luck in it without knowing what bitcoin is and how it works because they just want to be there and then learn about it after actually entering.

This happens to some people and indeed things like this I have also experienced so that trust in a small bitcoin which actually hinders what we will do because it is not uncommon for there to be a lot of people who know bitcoin from the beginning but only entered after bitcoin really became booming like today.
Yea, it wasn't just ignorance, but majority of us who heard about bitcoin for the first time had no faith and confidence in Bitcoin, we only joined the Bitcoin family after we must have seen and heard about the wonderful things bitcoin was doing.

 
Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: EarnOnVictor on June 25, 2024, 10:33:07 AM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.
Ignorance and lack of funds are two contrasting remarks, and even if you wanted to invest in the early days, funds would still have prevented you from doing so which is why I advise you not to beat yourself about it, your hands are still tied here. However, what pains people most which I also feel for them for is when they have so much interest in Bitcoin but do not have the funds to do so. By now, they will be hurt daily seeing Bitcoin at a high price. Notwithstanding, it is never too late, Bitcoin has a whole lot of potential and opportunities, but it depends on how best we can work our way around it. It is such an asset that gives room for much buying and selling at many times, so one should not delay in this but buy at the right time and sell at the right time.

But if you still believe that you can make a fortune by holding Bitcoin for years from a high price, I think you might be making a big mistake, it is getting obvious to those who even called for that in the past. If you are interested truly, you need to learn more than before because lazy people and many uninformed individuals made huge fortunes through Bitcoin just because they were lucky to have taken the risk back then, but this may not be replicated again. It is only a smart trader that will be able to earn from Bitcoin these days which is why I advise you to buckle up your learning to gain the needed experience for it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: kawetsriyanto on June 25, 2024, 02:58:03 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.
You said that you have a chance to invest in Bitcoin when it was in the early stage. In what year is this? How old are at that time?
I guess you were still a student of Junior or Senior high school. If it was in 2010 or 2011, even mature people were not confident to invest in Bitcoin. So, it was very reasonable if you missed the chance to invest in Bitcoin earlier. I think you don't need to regret it because you must have no knowledge about Bitcoin at that time.

By the way, if you mean missing the opportunity to invest in Bitcoin in 2017, it is no longer in the early stage. Bitcoin was discovered in 2009, I think we can call it in the early stage if we invest in 2010 or may be in 2011.

Well, you have done the right way that you don't use your money got from your parents for investment. It is because your parents give it for your daily or school necessities. We don't invest with the money for main necessities, we only use an excessive money for investment. If you are still a school student and get money from your parents, it is not a wise decision to use it for investment. Moreover, you invest in something new which has a too high risk.


CMIIW



Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Gladitorcomeback on June 25, 2024, 03:18:48 PM
Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

I agree with that, it has nothing to do with ignorance if you don't believe in something when none of its potential has been seen, so if we are talking about people who didn't invest in Bitcoin when it was priced very low, we can't blame them because no one would put their money in something just like that.

However, if we talk about people who didn't believe it when it had gained some popularity and its price was well above $5,000, then we can say that those people ignored it out of ignorance and a lack of knowledge. If they had tried doing some research about it, they would find out its potentials and could invest if they had the funds available, but they chose to ignore it and move on and they regret doing that today.

So, it depends on a case-to-case basis, I would say.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Woodie on June 25, 2024, 03:35:11 PM
Probably I wasn't fully invested into this whole Bitcoin thing at the time, and with cryptocurrencies being  unexplored territory making them illegal...it was best to remain under the radar without attracting any prying eyes on monies moving from the bank 🏦 .
Otherwise I think my crypto stash I invested in would have gone to shitcoins which  were popular at the time or maybe coins would have gone to gambling in trying to grow my portfolio fast which has never worked :P

Jeez now that am thinking about it, can we go back in time!


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Die_empty on June 25, 2024, 04:23:19 PM
However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
Your story is similar to mine regarding cryptocurrencies. I first heard about Bitcoin as a student in college. Then madness to assume that money can be mined because we all know that it was printed. I never believed that such a currency would ever be accepted as a form of payment. It was easy to believe that it would never be valuable. The price went high after a few years and I thought it was impossible to buy it. My confusion was because I never knew that it could be bought in bits. Then came the era of shitcoins, scams, and Ponzi schemes in my country. Many people were scammed of their money and these issues discouraged me from investing.

I do not regret not buying Bitcoin many years ago because one cannot change the future. I am grateful because Bitcoin is still in its early stages do there is still time for it to keep appreciating. I am more interested in buying, hodling , selling, and rebuying. After all many people have not yet embraced Bitcoin, so I am fortunate to be part of the Bitcoiners.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: uswa56 on June 26, 2024, 06:16:50 AM
Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.
We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: avp2306 on June 26, 2024, 08:39:05 AM
Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.
We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

I guess its not all about braveness since understanding towards bitcoin will give people confidence to take risk. Also they need to now everything what they need to know so they can deal something unwanted things then could able to do action base on current event happenings. Since if we only think about being a risk taker and can able to invest whatever situation happen or our risk appetite towards dealing on anything about bitcoin then there might be huge chances for us to get scam since there are lots of scammers trying to fool people on earning platforms to offer then scam those who believe on their lies. This scenarios could ruined the interest of people to invest since they might think about enough to be a scam victim then totally leave bitcoin for good which is bad decision to do.

Also nobody know that bitcoin will go this far that's why lots of people ignore this before and since now that bitcoin adoption grow more bigger I guess the only thing stopping them is lack of knowledge since if they could able to grab some information about bitcoin and how to invest with it. Bitcoin is on mainstream so I believe there's no other excuse for people not to learn about this.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: boykaz on June 26, 2024, 09:44:30 AM
Missed out on Bitcoin early on too due to doubts. But hey, better late than never, right?


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: m2017 on June 26, 2024, 10:11:02 AM
Doubts. Doubts and lack of knowledge about bitcoin stopped me from investing. For many years bitcoin (which cost a penny) was in the news, but then it seemed like some kind of trash, not worth spending money on. I can only blame my laziness, which kept me from simply collecting information (it was enough just to go to the forum) about bitcoin and learning more about this financial asset. If I had known then at least part of what I know now, I would undoubtedly not have missed a good moment. It’s not so much about the current (and future) value of bitcoin, but about the opportunities that bitcoin provides as an investment asset and financial instrument.

When I first had free money, I didn’t know what to invest it in, because it wasn’t enough to buy something significant, and trying to preserve value in money was stupid. Knowledge (and faith) about bitcoin would have helped me a lot then, but the past is already unchangeable.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Marvell1 on June 26, 2024, 01:51:52 PM
Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.
We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

I guess its not all about braveness since understanding towards bitcoin will give people confidence to take risk. Also they need to now everything what they need to know so they can deal something unwanted things then could able to do action base on current event happenings. Since if we only think about being a risk taker and can able to invest whatever situation happen or our risk appetite towards dealing on anything about bitcoin then there might be huge chances for us to get scam since there are lots of scammers trying to fool people on earning platforms to offer then scam those who believe on their lies. This scenarios could ruined the interest of people to invest since they might think about enough to be a scam victim then totally leave bitcoin for good which is bad decision to do.

Also nobody know that bitcoin will go this far that's why lots of people ignore this before and since now that bitcoin adoption grow more bigger I guess the only thing stopping them is lack of knowledge since if they could able to grab some information about bitcoin and how to invest with it. Bitcoin is on mainstream so I believe there's no other excuse for people not to learn about this.

Even if you have a complete understanding of bitcoin, you still cannot know what the future holds, so it cannot be said that simply having knowledge will help you completely dispel your fears and be more confident to invest in bitcoin at that time. Knowledge will help you be more confident but it will not help you accurately predict the future, and fear will always be present when we talk about things we cannot predict (the future).

Like what's happening now, just because bitcoin is in a correction phase and many people are starting to doubt whether the bull season will come, let alone we have enough confidence to invest in Bitcoin 10 years ago when its future was still very uncertain. 
Today, bitcoin is more popular and legalized but there are still many people who do not believe that it can go further in the future, so it is not surprising that many people did not believe in bitcoin many years ago.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: tottong on June 26, 2024, 02:01:49 PM
We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

Courage must be combined with knowledge so that it does not pose an excessive risk. Most people take risks only for the advantages and think they can do easily. If the knowledge we have is good, it can minimize the risks caused by investment.
Bitcoin is the best investment choice but if you do not have knowledge we will find it difficult to minimize the losses caused by the investment process that is carried out.

The risk must be comparable to knowledge and I believe that dibcoin investment can be minimized if someone understands how.
Bitcoin is the best choice at this time and we can see how Bitcoin continues to grow until now with an increasingly broad adoption.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Gaza13 on June 26, 2024, 03:10:16 PM
Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.
What you say is very true, apart from our lack of knowledge about this asset, in the past there was also a lot of bad news and many people also experienced investment losses there at the beginning or in the past. As time went by, I learned first before diving into the world of investment that it turns out investing in crypto has 2 methods, spot and future. 

What was an obstacle for me when I wanted to invest in Bitcoin was money, at that time I didn't have a permanent job or no income, this was a regret for me that was very difficult to express and of course for everyone. ever feel afraid when we put our money there.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Katherine_Alicia on June 26, 2024, 05:22:59 PM
For me it was the fact that every time I looked at the price for Bitcoin it was always too high for me to buy one, no one ever told me you could buy Sats!


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Silberman on June 26, 2024, 09:25:49 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
I do not really count that as a missed chance, on your own words you did not really believed that bitcoin was a viable investment and you did not had the money to invest in it, so even if you changed one of those factors you would not have invested in bitcoin anyway, as such there is not really any reason to regret what happened, and when it comes to myself I do not regret anything either, because as soon as I found it bitcoin existed, I invested what I could spare on it and joined the community, and while I made mistakes along the way, those mistakes have allowed me to get this far, so I see them as necessary steps on my journey.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Crypto Library on June 26, 2024, 09:38:58 PM
I have not been in the world of Bitcoin or cryptocurrency for a long time. So I have already missed the opportunity to invest early in Bitcoin. But I saw the bearish season in 2022 but then my knowledge was not such that I would invest a good amount in Bitcoin.
Besides, my earnings were not so good because I was a student. Also, the small amount I wanted to invest was not done because I was expecting Bitcoin to fall below 10k. However, for the time being, these seem to be the reasons for my early investment in Bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Franctoshi on June 26, 2024, 09:39:30 PM
Mine was lack of information because If I had gotten the kind of information I have got now about Bitcoin earlier, I would have been part of investors that will own 1 Bitcoin by now because it happens that I met Bitcoin when it fucking cheap, was trading around $750- $900, I could remember buying $50 worth of Bitcoin and some Altcoins ,NEO ,and OMG then in 2017, but the bear market cut me up and so due to my lack of knowledge I sold and didn't bother coming back again until 2019 towards 2020.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Mahanton on June 26, 2024, 09:46:49 PM
Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.
What you say is very true, apart from our lack of knowledge about this asset, in the past there was also a lot of bad news and many people also experienced investment losses there at the beginning or in the past. As time went by, I learned first before diving into the world of investment that it turns out investing in crypto has 2 methods, spot and future. 

What was an obstacle for me when I wanted to invest in Bitcoin was money, at that time I didn't have a permanent job or no income, this was a regret for me that was very difficult to express and of course for everyone. ever feel afraid when we put our money there.
One of the main reasons on why you had missed out such opportunity is just that because of those external factors that basing up with real time experience in regards about online scams.
On the moment that we would really be hearing out something which is really that in our first time on hearing out such thing then being skeptical would really be your main reaction into it and would really be having those thoughts that this would really be an another type of scam that it is really that existing. This is why on the moment that you would really be that making yourself see that on the things that you had known or heard before
turns out to have that moon shot then this is where you would really be having that huge regret specially onto the moment that you have realized that if you have just bought tons of those then
you might be rich as of this moment.

Thats how life works and it would really be better that you shouldnt really be looking back into those things that had already happened because on the moment that you do keep on coming back then it would really be just that bringing out such stress and would really be that not good for you to move forward.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Assface16678 on June 26, 2024, 10:17:31 PM
Mine was lack of information because If I had gotten the kind of information I have got now about Bitcoin earlier, I would have been part of investors that will own 1 Bitcoin by now because it happens that I met Bitcoin when it fucking cheap, was trading around $750- $900, I could remember buying $50 worth of Bitcoin and some Altcoins ,NEO ,and OMG then in 2017, but the bear market cut me up and so due to my lack of knowledge I sold and didn't bother coming back again until 2019 towards 2020.
That's unfortunate, well atleast ypu experienced buying and tradin bitcoin when its cheap and youve known bitcoin when its cheap, as for me I totally ignored bitcoin, when bitcoin is just starting I'm hearing about it from my friends and in social media but of course at my young age I ignored this stuff, simply I'm not money oriented that time, so I missed entering in bitcoin when it was cheap and I missed a lot of opportunity, I truly regret that, but it doesn't make me stop to invest in bitcoin I make myself interested in bitcoin and thankfully I manage to know the other methods of investing in bitcoin by doing DCA, yes I have missed the first bull run of bitcoin that make those og investors earn a lot, but its okay because now I'm earning through bitcoin and that is enough for me. and now I'm giving a chance to those new coins, altcoins, meme coins and shitcoins, when I saw that it has the potential to make me money then I risk on it, but of course not to all of it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: tygeade on June 27, 2024, 10:16:21 AM
if I could recall back, it was during the days of MMM, that was when I heard of Bitcoin,  I think that was in the year 2017, as at then I had zero knowledge of it, and due to the terrible experience I had with MMM, I thought it's one of this Ponzi scheme, so I just abstain, because after my the experience I got with MMM, I vow never to engage with any ponzi scheme again, so Bitcoin investment getting to my knowledge then, I just sees it as one of the new ponzi scheme that just came out, so that was how I missed the opportunity to invest in it earlier.

And during those days, technology hasn't gain popularity in my locality as of today, because we mostly sees anything done online as scam, and it all boils down to the experience we had with MMM, but with time, when technology start gaining more popularity and we start using it, that's when we start having regret that how we wish, we knew earlier.
A lot of "popular" projects made it a little bit famous, that was the case and I think it was really important to see that in the end. I feel like we are going to end up with some bigger days like that in 2024 as well, I just need to make sure that people could do better with time, and for that to mean something I have to say that we are going to end up with a lot better result.

Of course this isn't all that simple, sometimes it takes a while for that to mean anything, but that doesn't mean that we are going to benefit easily. I was way too late too, I got in early on but then I waited years to hold some, whenever I made some money, I sold and turned it into cash and kept zero bitcoins in the end, that is very sad unfortunately.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: BitGoba on June 27, 2024, 10:44:55 AM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

I heard about Bitcoin when it was $12 from a friend who tried to offer me the orange pill, but I didn't listen; I was preoccupied with other things. It wasn't until 2017 that I started to get involved. Like many beginners, I fell into the trap of altcoin scams. About 3-4 years ago, I read the book 'The Bitcoin Standard.' 'The Bitcoin Standard' was the orange pill for me—it was the moment when everything clicked in my head, and I finally understood what Bitcoin is


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Dr.Bitcoin_Strange on June 27, 2024, 10:52:03 AM

From that day on, I started taking a lot of time researching about bitcoin, thankfully there’s this bitcointalk forum that gives clear discussion about bitcoin, which until now I’m completely active on it. You know, even if I missed those past opportunities, but to be honest I’ve no regrets with it. And just like I’ve said, everything has its perfect timing. And I think now is the perfect timing to trust bitcoin over other assets or investments.

I have already learned a lot on this forum since 2022 when I joined here. The forum has given me broad knowledge about Bitcoin, and I sometimes wish that I knew about the forum earlier than now. I probably would have had lots of early support and guidance from experienced Bitcoiners here. Those who knew about the forum on time even had the advantage of earning free bitcoin via bounty and airdrops, which is what so many people did not have the privilege to enjoy.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: MAKInsaf on June 27, 2024, 11:42:51 AM
Regrets will only come when you understand better about bitcoin that many people have been able to change their fortunes by investing in bitcoins. Bitcoin is a reliable place to invest surely we can invest in bitcoin with confidence and if we can invest in bitcoin at the right time then we can change our fortune by investing in bitcoin. If we can invest in Bitcoin at the right time and gain enough knowledge about the market before investing, we will definitely be one of the successful investors in future Bitcoin investment days if we invest patiently. Bitcoin has changed the lives of many people so we must invest patiently with a long-term plan so that 10 more people are interested in investing after seeing the success of our investment.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Psalms23 on June 27, 2024, 12:57:23 PM
Alright, so picture this: it's 2014, and I'm chillin' at a coffee shop, scrollin' through some tech forums. I stumble upon this weird thing called Bitcoin. Folks are sayin' it's digital money, decentralized, all that jazz. I'm intrigued, but a bit skeptical.

Then, outta nowhere, my old college buddy texts me, "Hey, wanna invest in this new coffee shop franchise? It's the next big thing!" I'm like, "Sure, why not?" So, I take all my spare cash and dump it into this coffee shop idea, thinking I'd make bank.

Fast forward a couple years, the coffee shop goes bust. Bad location, terrible management, you name it, it went wrong. Meanwhile, Bitcoin's price starts creeping up, and I'm sittin' there with my fancy lattes and zero profits.

By the time I realize my mistake, Bitcoin's already skyrocketing, and I'm kickin' myself for not putting at least a few bucks into it back when I first heard about it. Now, every time I see a Bitcoin news headline, I can't help but think about that coffee shop and what could've been. Classic case of bad timing and missed opportunities!

At least for now, I tried to stick to crpyto whatever happens.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: RockBell on June 27, 2024, 01:13:26 PM
We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.
You know even when you have interest to invest the capital might also be a challenge at that particular time. Their is no way you can invest without money. Even as knowing is important money ia also important and they are both important you can even have knowledge after the capital their is nothing serious to do than to study. To invest you have to be a risk taker if you look at those top guys investing or even trading bitcoin if they tell you the amount they have lost investing in bitcoin and they still did not give up check their status now does guys are big time traders so their is no challenge you won't face when you  investing in bitcoin. And even when i started hearing about bitcoin didn't really I only usually hear bitcoin and nothing else. And I don't even have money to have been able to have invested then because I would not want to even gamble out of the little I was given by my parents. But now see were bitcoin as gotten to. My own version will now be no risk no gain.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Fara Chan on June 27, 2024, 02:40:55 PM
Missed out on Bitcoin early on too due to doubts. But hey, better late than never, right?
If there is still a desire to learn and know more about Bitcoin, I think it is never too late for anyone who wants to get involved in Bitcoin. Because it is clearly better than not wanting to know about it at all, as you mean, so anyone who already has a desire to learn things related to Bitcoin must always be supported and given a more complete understanding so that people like that will always love Bitcoin forever. And the issue of doubts when you first hear the word Bitcoin is also quite normal for everyone before they research it themselves.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: FinneysTrueVision on June 27, 2024, 06:24:32 PM
Back when I first heard about Bitcoin, I didn’t have a credit card or a bank account so even though I would have liked to have invested in it I just didn’t have the means to do it. I considered doing an in-person cash trade through Local Bitcoins but I never really found the right opportunity.

Bitcoin just became too popular too fast and this is why most people missed out on getting in earlier. We can’t really change the past but we can still take advantage of future price gains by accumulating in the present.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: CryptoBuds on June 28, 2024, 09:58:04 AM
Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

I agree with that, it has nothing to do with ignorance if you don't believe in something when none of its potential has been seen, so if we are talking about people who didn't invest in Bitcoin when it was priced very low, we can't blame them because no one would put their money in something just like that.

However, if we talk about people who didn't believe it when it had gained some popularity and its price was well above $5,000, then we can say that those people ignored it out of ignorance and a lack of knowledge. If they had tried doing some research about it, they would find out its potentials and could invest if they had the funds available, but they chose to ignore it and move on and they regret doing that today.

So, it depends on a case-to-case basis, I would say.
Exactly will depend on each person's case-to-case, not ignorance will be the only reason why many people miss the opportunity to invest in bitcoin early. Similar to today, although bitcoin has become popular and I also agree that not everyone has a complete understanding of bitcoin. But not everyone who understands bitcoin will decide to invest or use it, many people still refuse to choose or invest in bitcoin even if they understand it clearly. Therefore, it cannot be said that lack of understanding is the reason why people do not choose or invest in bitcoin.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: simonova on June 28, 2024, 10:50:53 AM
I was not that much in crypto. I knew about it but never explored it from investing point of view. Also, I had limited funds at that time so I could not invest heavily in crypto anyway.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: eightdots on June 28, 2024, 12:21:32 PM
Back when I first heard about Bitcoin, I didn’t have a credit card or a bank account so even though I would have liked to have invested in it I just didn’t have the means to do it. I considered doing an in-person cash trade through Local Bitcoins but I never really found the right opportunity.

Bitcoin just became too popular too fast and this is why most people missed out on getting in earlier. We can’t really change the past but we can still take advantage of future price gains by accumulating in the present.

You are right that we cannot change the past. Things we have experienced in the past become experiences for us. Bitcoin offered a great opportunity to people and still continues to offer it. The rapid development of Bitcoin and the rise in its price caused many people not to benefit from this price rise.

Bitcoin will always continue to provide opportunities to its investors. Some opportunities that could not be evaluated at the time can be evaluated today. Goals can be achieved with planned work, knowledge and investment at the right time.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: uneng on June 29, 2024, 02:29:46 AM
I didn't invest in Bitcoin earlier because I didn't have money to invest, so I had to start accumulating Bitcoin from zero through micro tasks on the internet. Thankfully it was a long time ago, so Bitcoin was still cheap and I managed to collect a decent amount of satoshis to hold for the future. Of course I could be in a much better position if I had bought Bitcoin back then, instead of only working on online tasks. However, I can't complain about it too, because I know at least I had the opportunity to work for it, while nowadays it's just not possible anymore, due to different factors of the market which have changed along the years.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: SilverCryptoBullet on June 29, 2024, 02:38:15 AM
You are right that we cannot change the past. Things we have experienced in the past become experiences for us. Bitcoin offered a great opportunity to people and still continues to offer it. The rapid development of Bitcoin and the rise in its price caused many people not to benefit from this price rise.
This is true and thank you for saying this.

We are always late than others who knew of Bitcoin and adopted Bitcoin earlier than us but we are always sooner than people who will be born later, or at nearly same ages as ours, same generations but they know of Bitcoin later than us and adopt Bitcoin later than us.

Quote
Bitcoin will always continue to provide opportunities to its investors. Some opportunities that could not be evaluated at the time can be evaluated today. Goals can be achieved with planned work, knowledge and investment at the right time.
Bitcoin is here, its blockchain is here, since 2009 and I believe it will continue to work (Proof of Work) in many years. It gives us fair chance to access Bitcoin blockchain, for transactions and for SoV (Store of Value) if we can accept it.

Accept it or not, it's freedom and it's personal choice.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: tortic25 on June 29, 2024, 02:47:47 AM
At one point i had 12btc and 2million doge that wasn't worth much at the time, what ruined it was my own stupidity and lack of patience. I firmly believed btc would keep growing, but i was broke, a kid, and never really had money before. so i sold and used the money on the dumbest sht imaginable.

tbh i would feel better if i never had it to begin with. Thinking about it always makes me sick.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: 2Pizza410000BTC on June 29, 2024, 03:10:17 AM
I developed a lot of love for Bitcoin when I first came to know about it. I first heard about bitcoin around 2022 to 2023 when I had so much love for this bitcoin that I can't express in words. I always thought that I would make some money from this Bitcoin at least once. I always wondered how people make money from here but finally I got success through my friend. But even though I found out about Bitcoin later, I have no regrets here. Many may have regretted not being able to invest in Bitcoin at this time, but I have no regrets. Although I found out later I am still very happy that I came across Bitcoin. I still think I came across Bitcoin at the right time and made the investment. I am still trying to invest but I am successful in my investment and investing using DCA method. I always think about the future, I never think about the days left.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Mauser on June 29, 2024, 06:51:29 AM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.


My story is very similar, I first heard about Bitcoin back in 2016 and was really interest in the new form of payment outside of the reach of banks. Back then Bitcoin was a quick and cheap way to withdraw money made online and I didn't really consider storing coins long term. The price in the 2016/2017 era was around 10k USD and it seemed like a good price to me, I didn't expect the prices to rise to 70k USD for 1 Bitcoin. I wish I would have been more long term focused, but for me it was all about making a quick profit and converting it back into Fiat money. This was partly due to greed and also to a lack for financial support. During university I had almost no money and looked always for new opportunities to make money. In case money would have been no issue back then, things would look different today. Unfortunately, we can't turn back time and need to move on, learning from our mistakes and to not repeat them.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Oasisman on June 29, 2024, 07:58:28 AM

Well, I'm not gonna lie, that first statement you have thinking that bitcoin could be a scam or something similar to ponzi schemes, that's what I thought too when I heard about it somewhere in 2014 or 2015. I can't remember it precisely, but that was supposed to be the biggest chance I had to invest earlier. But no, I don't have any doubts about it because I wasn't really interested during time. In fact, I am thankful that later after a year or two I started to get interested and owned my first bitcoin.
I mean there's no time for regrets though, because here we are already and it's not too late yet as we still have a lot opportunity to earn a good profit.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: SickDayIn on June 29, 2024, 01:53:53 PM
A few things impacted me. I was much younger, and so my old self would blame lack of funds. However, even if I had invested $5,000 back then, that would be 20+ BTC. It wasn't lack of funds, it was mindset. I saw Bitcoin only as an investment. Something that I would buy, with the intention of selling. So I always sold. I never held. I now see Bitcoin as freedom and a hedge against the entire economic and political system. I will never sell my Bitcoin again.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Gladitorcomeback on June 29, 2024, 06:02:11 PM
A few things impacted me. I was much younger, and so my old self would blame lack of funds. However, even if I had invested $5,000 back then, that would be 20+ BTC. It wasn't lack of funds, it was mindset. I saw Bitcoin only as an investment. Something that I would buy, with the intention of selling. So I always sold. I never held. I now see Bitcoin as freedom and a hedge against the entire economic and political system. I will never sell my Bitcoin again.

When I was new in the industry as well, I also never thought of holding my bitcoins for very long, I used to sell them whenever I needed funds, and whenever I was getting some profit, their price was way lower than where it is today but we didn't know it can reach this place some day. People used to speculate and say that Bitcoin is going to go higher, but who would have thought it would reach $73k one day?

This is the reason why I don't blame people who had either sold their bitcoins in the initial days or have lost their wallets that had bitcoins because they weren't expecting it to become so popular or gain such a high value some day, so they sold them as soon as they could because there were also less buyers at that time.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Fivestar4everMVP on June 29, 2024, 08:25:30 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.
Well, the only thing I would say ruined my chances of investing in bitcoin early when I first discovered it in 2016; is funds, I can't say it's ignorance because from the very first day I came to the knowledge of bitcoin, I got really interested in it, I wanted to know more about it, I was all over Google doing multiple searches about bitcoin and how I can earn it, it was during that search that I came across this forum as it appeared in one of the search results, I came here and started reading a lot about bitcoin.

I was interested to invest in bitcoin at the time but I lack funds to do so, I was actually working then, but the salary was peanut, not enough for my feeding not to talk of that of my family, it was a very hard time for me back then.

But coming back to today, though I sometimes regret the fact I could not invest in bitcoin when I discovered it due to lack of funds, I still very much appreciate the fact I am here today, and how far my life have changed because of bitcoin, I don't regret much to be honest.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Sandra_hakeem on June 29, 2024, 09:44:41 PM
I almost lost everything when someone very close to me went deceased. It  not about the funds for a ceremonial occasion, it was about the influence that the said person had... It derailed my interest in so many things and I had to face real life problems instead.

After a few years, since I do alot of reading, I began to develop sudden interest in bitcoin through the documentaries i read and ... that's it. I got introduced by a friend to the forum and, it looked like I had to start all over again. Yunno that feeling of knowing something but doing it the wrong way? That was it.


Title: Re: What ruined your chances of investing in Bitcoin earlier?
Post by: Issa56 on June 29, 2024, 09:53:51 PM
I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances.
I discovered about bitcoin when I was still in school. I did my research and I discovered that bitcoin wasn’t a scam then, because there were lots of Ponzi schemes then, so everyone was just so scared to invest their money in anything online. So after so much research, I decided to start trading with little amounts. What ruined my chances of investing early in bitcoin was that I wasn’t financially stable then, I was depending on only the amounts sent to me by my parents for survival.
 
So during that period, I was able to save a small amount of money, and if I am broke sometimes, I do end up selling some of the bitcoin that I bought just to use the money to take care of myself. So lack of funds was the reason why I didn’t invest early.