About people that bought too early [and lost them]

[bandungan]

Well in the end it happened, even if it is hard to imagine. I can understand though. If I bought Bitcoin so early, I probably just do it for fun since it was fairly unknown and nobody knows how far it will go, and then they forgot to check again and never bothered to check crypto again, or at some point only read the bad news.

Things would be different If I already planned to invest for the long term and believes the assets will grow in value though. Just last week ago I decided to buy a bunch of cryptos and then decide to 'quit' from crypto for a while, and see how it will go 3 years later. Hopefully, it turned into a fortune.

you buy a large quantity and expect the next 3 years? do you mean crypto bitcoin?
Bitcoin increase cycle is actually 3 years but that's not a guarantee.
For me, whenever bitcoin gets a profit you can sell it and you can make it an option to get a profit faster than having to wait 3 years.
I hope good news for you

[target]

I guess some of the early Bitcoin investors had lost access to their old wallets. Some were not expecting BTC to be this massive that they ignored their BTC since it was less than a dollar decades ago which is now worth millions if you had a decent amount of BTC.

I guess this will be the greatest regret one will have, missing a chance of becoming when you had a chance to. People who had their BTC early on must not be too careful storing their BTC since security is not that much of a priority before and everyone else is just coping up on how to secure BTC and that it is a hidden gem.

Maybe they also didn't need the money yet that is why they had ignored it yet up until they heard it once again and then remember that he needs the money and his wallet.  Maybe they are too busy as well. I have some wallets that I forgot myself that I see contain a fraction of ETH like 0.24 that I now wanting to use, this amount is just ignored a few years ago but now it's necessary to use them for fees.

[Vishnu.Reang]

I guess it is a good thing that the early adopters didn't accumulated too many coins. That would have skewed the wealth distribution of Bitcoin and left too many coins at the hands of a few. Most of these coins were lost, either due to hacks or careless handling. And this in turn helped to spike the exchange rates. Imagine what would have happened to the exchange rates, if the 4 million or so "lost" coins were not lost.

[pinggoki]

There's a lot of stories like that here in the forum but what I thinking about is that if it is a real stories or just a fake ones, if this might be a real story then the thing may be true because a decades ago there's a faucet in which you can earn bitcoin and satoshi everyday but people doesn't care about it because that time the bitcoin doesn't have any value or it may have but didn't as high as what it is today so that's the reason why people doesn't care about it.