Browsing Old Bitcoin Forums Blows My Mind

[AHOYBRAUSE]

A while ago I did the same, browsing old communities and posts just for fun.
Checking some of the wallets and seeing what riches are still sitting in them really is mind blowing.

I also wondered if these wallets might be forgotten, abandoned or even lost. So much stuff can happen in a decade or so, always possible to have these things happening.
Same is for me with 2 old phones dying on me in the past, having wallets on them with minor btc amounts. Sure they are really small, like 0.1 btc at best, but right now that's still over 6k, bringing tears in my eyes, haha. Back then the amount were so small, I didn't even bother trying to get them extracted from the dead phones ( "blue screen of death" on the iphone ) .

[Alone055]

There was no point for people from those times to keep holding because they didn't have a crystal ball that could tell them that Bitcoin would be worth more than $73k one day in the future, so as soon as they saw they were getting good profit, they sold their holdings, they might have regretted their decision later on but nothing could have been done.

Also, life is unpredictable and we never know when it is time for us to go, who knows whether they are all still alive or not? So this is another reason why one shouldn't hold for unnecessarily long periods when they are getting profits they are satisfied with because if you die without even having the opportunity to enjoy those profits or use them for something useful in your life, it's all a waste.

[m2017]

There was no point for people from those times to keep holding because they didn't have a crystal ball that could tell them that Bitcoin would be worth more than $73k one day in the future,

Even without a crystal ball, I know (I believe) that $73k price is far from the limit for bitcoin. Even reaching $100-15k0 will not be a record value for this cycle. At that time (the era of the birth of bitcoin) there were also people for whom it was obvious that bitcoin would cost crazy amounts of money in the foreseeable future. On the one hand, this was implied on the basis of limited emissions, and on the other, breakthrough technology. Also, for many, the value of bitcoin was not in the dollar price tag, but in decentralization and an independent financial system. 1 BTC = $1, $73k, $150k, $1 mln., 1 BTC.

so as soon as they saw they were getting good profit, they sold their holdings, they might have regretted their decision later on but nothing could have been done.

Repeatedly there was an opportunity to make up for lost time thanks to the volatility of bicoin (buy at one of the price drops).

Also, life is unpredictable and we never know when it is time for us to go, who knows whether they are all still alive or not? So this is another reason why one shouldn't hold for unnecessarily long periods when they are getting profits they are satisfied with because if you die without even having the opportunity to enjoy those profits or use them for something useful in your life, it's all a waste.

Even if early bitcoin investors didn't have time to take advantage of the wealth provided by this type of asset, then their irretrievably lost money (in old wallets) is not a waste, an investment for the benefit of the entire BTC-system and the BTC-community as a whole. They helped maintain the value of bitcoin (their money remained inside the system) and increase the value of each individual BTC (by reducing bitcoin in circulation).