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Author Topic: What is your biggest regret in cryptocurrency?  (Read 233 times)
Taskford
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April 17, 2024, 01:12:57 PM
 #21

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

The only one I regret about bitcoin is I keep doubting on it at first, I doubt about this coin since at first I really don't know how to use and earn it, also it always been associated on crimes that's why before I really think its illegal to acquire this. Also if I grab some amount or volume from the past for sure it gives me a huge profit already. But things goes by and that's the mistake in the past which is somehow unavoidable since its normal to think that way especially if there's no one mentoring us.

What's important right now is our action we need made since this can determine if we can earn profit. Right now its better to forget about the past mistake and wrong thinking then let should focus on current since lots of chance for us or opportunity to earn.

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April 17, 2024, 01:30:19 PM
 #22

There are two foolishness of mine:
1. Allowing my assets to continue to decrease due to holding for too long. I once had 1.5BTC assets that I spread over several coins. But it turned out that the coins I held were not able to survive even some exchanges eliminated them.
2. Unknowingly tell my prifatkey to the public when filling in data on google form. This resulted in my assets in the MEW being lost having no remaining.

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April 17, 2024, 01:40:03 PM
 #23

If you ask anyone is the same thing that everyone will say, that they regretted not buying bitcoin earlier when bitcoin price was not up to 100usd. Of course, it is something that one must regret over because of the way bitcoin value has increased withing 14 yrs.

I have no regrets on knowing and investing in bitcoin when I started my crypto journey, because I was happy that I was able to discover the right coin to invest which will be the future best investment with highest ROI overtime. I will say that I am lucky, because some people are still ignorant of the potential of bitcoin, and they still stick to fiat investments and saving money in the bank.

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April 17, 2024, 02:05:18 PM
 #24

Many stories make us sad because we didn't buy Bitcoin when the price was still low, even though we knew about Bitcoin. We never thought Bitcoin could exist until now and its price could rise so high. That's because we often underestimate new things that don't look interesting.

Even if we bought Bitcoin for $10, we definitely would have a lot of Bitcoin. And if we had kept it until now, we would have become multimillionaires and beat the big people who had already become multimillionaires. But we never considered trying it and only realized it when Bitcoin increased.

We made a mistake, and now we realize it. But we can still have Bitcoin, even though we have difficulty having a lot of It. At least we can still try to have Bitcoin. Never give up on the situation and continue to buy Bitcoin.
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April 17, 2024, 02:35:05 PM
 #25

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

If he missed out in 2009, but had the opportunity to invest again in 2013, then he should be happy because it was still very much early. As at then, Bitcoin was being sold for less than a thousand dollars and comparing it with today's price, that's a lot of money. Some persons didn't get back in until 2021, so there shouldn't be any regrets except he decided to sell off everything.
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April 17, 2024, 03:34:28 PM
 #26

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents, but no one bought it. Like many unfortunate stories, he put it aside and then forgot about it until it appeared in the media in 2013.
Everyone has a story related to cryptocurrency and they regret why they did not took a precise decision. I have also the same situation and if I say my biggest mistake will not be wrong,and I am sharing it with you. Well at the start of Bitcoin I did not have that much growth to make my own decisions I mean I was a child, I first came to know Bitcoin a little bit in 2019 when one of my friends told me about it but until that, I started looking and gathering more and more information. But the biggest mistake I was that I did not invest in BTC when the price was low, at that time I was willing to invest but unfortunately, I had zero capital. Now I have some money and want to invest but the price is too high for me and now I regret why I did not invest before

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April 17, 2024, 04:13:31 PM
 #27

I don't have any specific regrets, but I admit that I've made some mistakes. One was keeping some Ethereum in a custodial wallet that was very popular at that time but performed an exit scam (or was actually hacked, hard to say). I got my 40% reimbursement in the early days after the incident and still made decent profit out of it (because I bought that Ethereum for under $20), but it was an unfortunate situation. Another was with Bitcoin, and I had around $900 worth of BTC in 2017 when the price was over $15k. But the fees were very high (around $20), so I didn't sell at that point. I eventually sold it all (because I needed to) at a loss, for around half the price during the bear market.
What's important is to learn from mistakes, instead of focusing on regret.

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April 17, 2024, 05:31:38 PM
 #28

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.
My biggest regret is why I didn't find out about Bitcoin earlier. Had I known about Bitcoin much earlier, I might have invested much more in Bitcoin today. Another regret I have is that I was not able to invest enough amount in early 2023 when the price of Bitcoin was very low, although I did invest some amount. However, those who haven't yet invested in Bitcoin negligently, like me, will regret it at some point in the future. The price of Bitcoin will increase much more in the future so if one does not want to regret in the future then one should start investing now. In 2025, many more will regret it.

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April 17, 2024, 06:50:21 PM
 #29

Everyone must have experienced a story of regret about Bitcoin because of the reasons for not doing it at that time or when the price of Bitcoin was still low or cheap, and mostly because of doubts and so on. But the most important thing in the end is that we do it immediately rather than not doing it at all, the best opportunity to change our lives, especially in financial terms.
Actually, I have known about Bitcoin since 2011 because several of my friends were already involved, but I ignored it because the price was very cheap and after the next few years, I saw the price of Bitcoin continue to increase. And besides that, some of my friends always talk about Bitcoin every time we get together, and in the end I tried asking my friends to explain it and finally I was interested and started getting involved in early 2017 until now.
And I think this is a common regret for people both here and out there.

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April 17, 2024, 07:04:27 PM
 #30

I have known bitcoin for quite a long time but only really followed in 2016 and increasingly focused on 2018/2019 but I personally do not regret what has happened because in my opinion all have their own life paths because it could be that those who do not have confidence in bitcoin from the beginning are currently in bitcoin and are starting to focus on bitcoin because however long bitcoin continues to move and only regrets are always thought of then things like that will never end. Therefore I will only focus on what I am doing regardless of whether knowing this from the beginning or starting in the middle of bitcoin that has risen too high it will not matter because we cannot turn back time and regret will only result in us being stuck in the past but not taking any action in the present because it considers bitcoin to be high considering the benchmark we know it is still very low before.

 
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April 17, 2024, 07:08:46 PM
 #31

For me it's not a tragic story because I didn't even know about bitcoin in 2013, so he found out about it, forgot it, came back to it and in the end still was a market participant long before me and many other people.

He was before Michaels Saylor, before SBF, before China banned BTC exchanges and before Karpeles caused one of the biggest crashes in the history of bitcoin. I wish I was a bitcoiner back then.

My biggest regret is exactly that. Not being a very early adopter. Not even knowing the name. Imagine that before 2014 I've never even heard the word bitcoin.

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April 17, 2024, 07:16:42 PM
 #32

He found BTC.

Your stories are so boring... I personally, bought 1 BTC in 2013 also, but didn't hodl. Frankly speaking, $70k is not the sum I really miss.

The true disasspointment is the 32BTC puzzle. This beast allowed lucky AND/OR wise guys to earn dozens of BTC, especially the inventor of kangaroo searcher.
But for me it's only a loss of GPU time during all 5 years.
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April 17, 2024, 07:32:33 PM
 #33

These stories are extremely common, I discovered bitcoin myself in 2011, and like many people did, I also didn't care and didn't buy it.

In fact, I had no way of knowing exactly whether it would work or not, it was practically impossible to know that it would appreciate so much. .. Cases of people from that time who kept their bitcoins in hodl until today must be very rare, because if you buy something for 0.10 and that something is worth 10 thousand dollars, it is very difficult not to want to sell.
Truly something which is really that hard to resist such temptation specially if you have bought on that less dollar price and seen its price goes to 10k or even with that 19k ATH on previous bull run then you would really be definitely selling it out. This is why into those people who are still that holding until this very moment are really truly considered to be OG's or really that having diamond hands on which not all people would really be able to do so specially holding for a decade+. When it comes to regret then just like with most people is that on the time that i do hear it out on my college days about Bitcoin but i did make out that direct conclusions that this might be an another some sort of scam but here we are now, im still that been haunted by that past on which i have those kind of imagining that i might be sitting or driving in a lambo now if i did able to purchase a few hundreds or thousands of coins on the time that i do hear it but well thats just that a waste opportunity.

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April 17, 2024, 08:05:47 PM
 #34

Too many regret stories related to bitcoin have been discussed and you can search for them on this forum instead of creating a new topic.
I am sure most people’s biggest regret when it came to cryptocurrency was that they didn’t buy enough of a coin or sometimes they didn’t sell at a proper time. It’s usually just this or that

Quote
I don't know how you missed out on bitcoins before,
Well not every country was exposed to bitcoin and you’d pretty much have to be in an exclusive circle for you to get to know about bitcoin.

But now that we do know bitcoin and have an access to it now, we can turn those regrets into happiness. We can not turn back time so you are right let’s focus on the future

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April 17, 2024, 08:17:38 PM
 #35

Too many regret stories related to bitcoin have been discussed and you can search for them on this forum instead of creating a new topic.

I don't know how you missed out on bitcoins before, but I know you will continue to regret it even more if you don't own any bitcoins now. Additionally, having regrets and spending time reminiscing about the past will not help you get back the bitcoins you sold or lost. So use that time to collect as many bitcoins as possible, find ways to correct past mistakes, and don't let those regrets repeat themselves 10 years from now.
This, I can get that sometimes people will regret on the opportunities they missed during their lifetime, like missing on the person of their dreams or an amazing investment like bitcoin, but that is not going to help anyone at all, as long as you have time left you can still create the life you want for yourself, and for that you need to work as hard as possible and make an effort to not miss those opportunities anymore, as even if bitcoin is many times more expensive now, it can still give greater profits than most assets you can find in most markets.
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April 17, 2024, 08:29:55 PM
 #36

My biggest regret in crypto in not being involved at the time am suppose to be but at a time I come to realize that no matter how late you think you are in this journey, you might actually be late because you being involved is dependent on how enlightened, prepared and interested you were during the time you got the information, though the price of Bitcoin was very affordable when it first came out many people min for free and also  bought in at affordable rate but that should not prevent anyone from buying now, lets not forget that there are different strategy that helps individuals that are interested in investing in crypto to invest, you can actually purchase through DCA which is very easy for anyone that is interested, Bitcoin has dropped many times there by making it possible for investors to embrace the opportunity to accumulate as much as they can, in conclusion I dont see any regret again, some people could not afford it then and now the can, so i think what those set of persons should be doing now is to forget about  the past and face the present by investing now that the opportunity avails itself.

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April 17, 2024, 08:59:42 PM
 #37

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.
It is the nature of every human being that he hesitates to adopt something that he has not experienced and it is the same here that when people first saw Bitcoin, everyone thought that it was just a lay coin. It's like What did these people think? That Bitcoin will really show a miracle that no one has done better in history. The majority of people ignored this and that was the reason why people are regretting taking Bitcoin.
 
I also regret why I didn't grab Bitcoin earlier, but I realized that the behavior of a real man is not to take one thing and be grateful for it, but to make this mistake the subject of the next opportunity. So better don't try to miss it. Bitcoin still provides opportunity If I ask who bought bitcoin at the level of $15,476 in this previous bear market, then the majority of people will say no, we didn't buy, that's the only thing that most people don't. Understand and regrat these people at work. I say gratify; it is the work of women and children that they cry when they don't get anything, real man makes every opportunity an opportunity for himself. As of now, he is a real man who has bought Bitcoin at the bottom and is happy to see his profit at $74,000 today.

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April 17, 2024, 09:07:58 PM
 #38

An asset's value changes from time to time. It might go up or down as well. But from my experience, most of the assets value is increasing, like land or gold. So Bitcoin values change from time to time. We won't have a fixed goal for our cryptocurrency. It was above $70K, and many haven't sold. But Bitcoin is trading at $60K now, and many have been selling. However, at the beginning, Bitcoin wasn't very popular, and there wasn't much adaptation. So people offer it cheaply. Now, Bitcoin has gained a wide range of popularity, and many more people are familiar with it. So ultimately, new buyers are coming and prices have been increasing. My plan is to sell when I have a noticeable profit from crypto that could improve my lifestyle. 

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April 17, 2024, 09:19:45 PM
 #39

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.

A long time ago while I was still a student at the university, a friend told me about Bitcoin and how it is the new money making scheme. I laughed it off because I have heard of different online platforms where people earned cool money from but those sites ended up crashing and lots of money were lost. Why would cryptocurrency investment be any different?

Few years after graduation, I met another friend who is into crypto and he is doing so well for himself. Then I realised I missed an opportunity the first time but this time, I'm not going to let it go. Since I took that decision I have had no regrets,  I only regret not embracing Bitcoin when I first had the opportunity because I would have made higher returns than  I am making now. Bitcoin is real and I am a witness to it.

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April 17, 2024, 09:22:21 PM
 #40

I came across a tragic story. The protagonist of the story was looking for an alternative to PayPal in July 2010. He found BTC. At that time, the price of BTC was 10 cents,but no one bought it.Like many unfortunate stories, he put it aside, and then forgot about it until it appeared in the media in 2013.
It's normal to see those stories that they've regret not buying Bitcoin when it was on the earliest days of it. Can't blame anyone for that when they've seen or heard BTC about it.

That was like the glory days of internet scams and that's why whatever they see in internet asking for investments or if it's required to invest, majority avoids it as that's the concept of scams without diving deep to what actually Bitcoin is.

All of us have the same regret, if it's not about buying early, it was selling too early.


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