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Author Topic: I always return to Bitcoin  (Read 375 times)
panganib999
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February 03, 2021, 03:52:56 PM
 #41

Summarizing, I've always returned to Bitcoin, deep down I always knew it would become that successful, I'm trying to learn from my mistakes. Now, I'm trading several times throughout the week, managing a decent profit with each trade. There's no point in regretting what I COULD have done, but only to look forward, and what I can achieve now.

I also have the same experience as yours. I have known Bitcoin many years ago, actually earned from it, but after few years I stopped. I guess the fire and motivation to continue faded away, but then again, I am here joining in discussions because I am really missing out my life if I am not using the full potential cryptocurrencies have as of now. I believe that there's so much more in the next few years to see how Bitcoin will improve in terms of numbers of users and popularity.

I am really glad that I was born in this generation, because if not, there will be no chance of an encounter with such great innovation.

I also experienced this kind of situation. I've been in bitcoin wayback 2018, I experienced to earned and make a good profit out of it. I able to buy those things that I need, i want and sometimes I able to help my parents financially. Bitcoin is one of the best thing that happens to me that year, I earned my 1st 100k in just 9 to 10mos because of my hardwork and also because of that high time days of bitcoin. Then all things began to lose when I came in college, i have no time to earned bitcoin and I don't have any time to insert crypto in my sched. And then one day I realized that I was there at the middle of my life where I am earning yet I wasted it and not able to maintain my good and positive earnings. Here I am again, thinking and hoping that day will come back.
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February 03, 2021, 04:20:20 PM
 #42

We're almost the same, I completely took my mind off of Bitcoin for about a year and a half, made a comeback this 2020 realizing how much I was actually losing, I could have made good profit, I honestly thought that year 2018 frustrated me hard on how low the price was not realizing how big of a pump it would made after 2 years, such a big waste but I guess it's better to be late than never.  Cool
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February 04, 2021, 04:16:48 AM
 #43

Yes, crypto is a good place to return to or even a place to start for those who are new to crypto.
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February 04, 2021, 04:43:29 AM
 #44

I know many people had experienced that thing before, for sure they also encountered when the value of bitcoin is not that too much but didn't even bother of buying it or research about it, those who research about it maybe invest, and they are now blessed because of that, I ish I could encounter bitcoin before but I am thinking if I would do the same as yours or explore it more but it is still worth if you are already in the world of bitcoin for so many years because for sure by those years you have learned a lot about cryptocurrency.

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February 04, 2021, 05:07:33 AM
 #45

Why do you even consider yourself a returnee when you did not leave in the first place? Well, you sold some, but also kept some to yourself. That means you're still with Bitcoin. And that's always been the case with almost all of us. I guess nobody ever earned Bitcoin in those old days and kept everything intact since then. At some point in time, they must have sold or spent a Bitcoin or two.

I assume you still have a decent amount of Bitcoin kept safe somewhere. No regrets, then. But if you want to make up for your period of inactivity, then you may begin to stack more Sats right now.
Only the most hardcore believers in bitcoin would have kept all of their coins, there is nothing wrong with having sold your coins back then or to have use them to buy something you needed, we must remember that bitcoin is a form of money and in order for bitcoin to succeed it needs to be used as money as well and not only be a tool for speculation.

So while it would have been better for us to keep those coins it was better for bitcoin itself we used it and exchanged it for whatever we wanted and needed.
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February 04, 2021, 06:53:10 AM
 #46

Do not think about the past. Nowadays BitCoin is the most trustable in digital marketing. We've gained from those and we're applying the correct procedure dependent on it.
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February 04, 2021, 08:12:05 AM
 #47

You are not alone, bro!

After the 2018 dump, I stopped reading about Bitcoin and moved my focus to my 9-5 job. And now with the whole DOGE hype, I felt obligated to dust off my old wallets. And I find the crypto super fun again!

You are completely right. After the pump bitcoin it has ceased to exist for many people. Now they are all back to talk only after the pump ! The same person that periodically support only FOMO projects like DOGE. Now we are all focused on BTC and his ATH, we hope he will never dump, again!

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February 04, 2021, 02:29:56 PM
 #48

I know many people had experienced that thing before, for sure they also encountered when the value of bitcoin is not that too much but didn't even bother of buying it or research about it, those who research about it maybe invest, and they are now blessed because of that, I ish I could encounter bitcoin before but I am thinking if I would do the same as yours or explore it more but it is still worth if you are already in the world of bitcoin for so many years because for sure by those years you have learned a lot about cryptocurrency.
This is true, many people regrets of not taking chances before to acquire more or to stacks Satoshi when btc is not that expensive. In crypto industry there is always a new opportunity to earn and a lot of more great improvement will happen in the future. So we still have chances to stack or earn as others been saying price of bitcoin could even reach a new all time high.
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February 10, 2021, 09:42:08 PM
 #49

I know many people had experienced that thing before, for sure they also encountered when the value of bitcoin is not that too much but didn't even bother of buying it or research about it, those who research about it maybe invest, and they are now blessed because of that, I ish I could encounter bitcoin before but I am thinking if I would do the same as yours or explore it more but it is still worth if you are already in the world of bitcoin for so many years because for sure by those years you have learned a lot about cryptocurrency.
This is true, many people regrets of not taking chances before to acquire more or to stacks Satoshi when btc is not that expensive. In crypto industry there is always a new opportunity to earn and a lot of more great improvement will happen in the future. So we still have chances to stack or earn as others been saying price of bitcoin could even reach a new all time high.
This is very common but at the same time it is useless, we cannot change the past, we cannot change the fact that we did not invested in bitcoin when it was relatively cheap, what those people need to do is to simply accept the reality of it, forget about the past and formulate a plan about what to do to get profits out of bitcoin, and even if the price right now seems to be very high I have no doubt that in the next decade were going to see bitcoin reaching six figures.

So bitcoin is still going to be one of the best investments possible and the best part is that as it keeps growing it is going to become safer and safer to invest in it as speculation will go down once a significant portion of the population gets in it.
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February 10, 2021, 09:59:54 PM
 #50

I didn’t go through the same thing that OP did, but I had major problems in making bitcoin trade at the beginning. I had a lot of losses and I gave up when I lost money and after a few days I went back to trade and again I lost money and gave up... I repeated this cycle over and over for over 1 year. it was very complicated, but today I got used to this highly volatile market. persistence is the key to not giving up

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February 10, 2021, 10:02:59 PM
 #51

That's how amazing bitcoin could change every perspective in our lives, and even though the occurrence was long term it never failed us to provide a good outputs. Many people have been frustrated for many times, but here in cryptocurrency! Bitcoin showed proof that everything is possible to happen.
On the state of $30k-$40k per btc, it was just a speculations last 3 years and now we've experienced it's reality. So let's keep holding our asset, who knows $100k each is highly feasible in another 3-4 years and so on.

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February 10, 2021, 10:22:36 PM
 #52

You and everyone else cannot avoid the lose of investing in bitcoin, even you are an expert to trade and have a lot of experiences as an investor. Bitcoin market is growing fastly, especially now when many people got interested to store their money into bitcoin because its price movement since 2019 ago.

I also like that, I tried to spend $100 as my first capital to trade in bitcoin and I choose future market. The first fool I did, I have no understanding how to trade and I don' know some strategies about. I just dare myself and guessed where the price will go and I was wrong. My capital was gone and I did deposite again for the second time and lost again and I repeated it until I realized that was a wrong way. I bought some trading books and learn how to trade well and until now I still stand.
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February 10, 2021, 10:47:45 PM
 #53

I didn’t go through the same thing that OP did, but I had major problems in making bitcoin trade at the beginning. I had a lot of losses and I gave up when I lost money and after a few days I went back to trade and again I lost money and gave up... I repeated this cycle over and over for over 1 year. it was very complicated, but today I got used to this highly volatile market. persistence is the key to not giving up
Losing is the part of life, what we need to do is to move forward to fail forward everytime that we fail d by doing that it makes us stronger than yesterday but of course we need to be wiser too so that what we've experienced and we've gone through will never happen again. Continue to trade crypto but be wiser now learn the market and trade in that way you will not regret again in the future. Also, take profit when you're happy remind that thing.
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February 10, 2021, 11:01:41 PM
 #54

That's how amazing bitcoin could change every perspective in our lives, and even though the occurrence was long term it never failed us to provide a good outputs. Many people have been frustrated for many times, but here in cryptocurrency! Bitcoin showed proof that everything is possible to happen.
On the state of $30k-$40k per btc, it was just a speculations last 3 years and now we've experienced it's reality. So let's keep holding our asset, who knows $100k each is highly feasible in another 3-4 years and so on.
I live that optimism since before but sometimes we have been drag by our emotions especially when we are hearing FUDs and force us to sell at loss. But for now, I realize that it was not the FUDs we have to believe nor we have to let our emotions controlling us, we need to think wisely first because every single mistake leads to nowhere and most of them are very regretting.

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February 10, 2021, 11:17:45 PM
 #55

There's no point in regretting what happened, the most important thing is just focus on the future. I think it's not too late to start collecting Bitcoin
from now, because if you look at several institutions starting to invest in Bitcoin, it means that the potential of Bitcoin is very good. Indeed,
the price of Bitcoin is very expensive now, but try to imagine what will happen to Bitcoin in the next 5 years. I believe Bitcoin could cost even more
in the future. The conclusion is we should not repeat the same mistakes, so trying to collect as much Bitcoin as possible from now on is the thing to do.

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February 11, 2021, 08:50:11 AM
 #56

There's no point in regretting what happened, the most important thing is just focus on the future. I think it's not too late to start collecting Bitcoin
from now, because if you look at several institutions starting to invest in Bitcoin, it means that the potential of Bitcoin is very good. Indeed,
the price of Bitcoin is very expensive now, but try to imagine what will happen to Bitcoin in the next 5 years. I believe Bitcoin could cost even more
in the future. The conclusion is we should not repeat the same mistakes, so trying to collect as much Bitcoin as possible from now on is the thing to do.
Regret will not change what has happened, and I agree that what you say is the truth that should be instilled by everyone. Not to regret what happened, but to move quickly to walk again to improve and focus on the main goal, there is definitely a substitute if you stick with it.

Of course, in the case of bitcoin being priced high enough, there will be a dilemma that occurs if we force it to buy bitcoin and invest, because the funds needed are not small.
it is wiser to pay in installments or buy altcoins which are indeed on the rise and if that is enough, you can convert them to bitcoin. maybe that's more workable at this point.

maybe it will not be until five years there will be the development of bitcoin because the halving always occurs every 4 years and usually it will determine the direction of bitcoin. continue to try that there is enough time available, while the forecast is that this year there will continue to be changes from bitcoin and altcoin so that the opportunity can be done and there is no need to remember the past, as long as there is an intention to try it will definitely be achieved.
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