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Author Topic: Why Bother yourself Regretting? BITCOIN is one the moon Already.  (Read 271 times)
bitcoinbillionaireboy (OP)
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November 30, 2017, 02:15:32 PM
 #1

When I see people causing themselves and regretting why they didn't buy bitcoin as at 2010-2012.... I laugh 😂

It's not about you being informed by then, it's about you hodling unto it...

If you had use $2 to buy bitcoin by 2010, I'm sure you'll have sell it off when it turned to $4, simply because you're excited at the little gain!

As at July 5th this year,  I bought my laptop with 0.1btc which was $350 then.... Today 0.1btc is $1000 should I regret? No at least I achieved something with it... If it all I haven't bought that laptop then, I'm not sure that $350 will still be available by now

As a matter of fact, we are still early adopters of bitcoin, let's let bygone be bygone... No need for any regrets, the crypto space is large...

Don't be carried away by greed, you can still feed on altcoins.
Even though the journey of attaining 1btc in your wallet for the first time might be tough, but if you keep pushing on, especially on legit ICOS, you'd be there in no time...

Every Satoshi matters, bitcoin is bitcoin!

YOU MUST NOT HAVE UPTO 1BTC before you can talk about Bitcoin... It's not a compulsory thing! Everybody for him level!

Bitcoin has beaten all odds, bitcoin has fight it's fight and won over the years.. HoneyBadger just like my boss Salihu Ayuba use to call it!

It's a matter of time, bitcoin still have a long way to go, $1m per btc is very possible in the nearest future, so guide your Satoshis carefully and diligently (if possible, learn trading to multiply it).

Peace Out!

Iranus
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November 30, 2017, 05:06:09 PM
 #2

If you had use $2 to buy bitcoin by 2010, I'm sure you'll have sell it off when it turned to $4, simply because you're excited at the little gain!
An increase from $2 to $10,000 (approximately the price now) is an increase by a multiple of 5,000.

If the price multiplied by 5,000 again, the price would be 50 million dollars.  Since 50,000,000 x 21,000,000 is dramatically more than the amount of money which exists in the world, it's impossible for the price to rise by that much again.

So it is very much about whether you had known about it earlier.  Exponential growth forever is impossible, and past prices can't accurately be used to predict future ones.

Obviously this is just in hindsight, and in reality it wasn't necessarily a good investment decision to buy BTC at every point in its history.

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Emoclaw
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November 30, 2017, 05:23:42 PM
 #3

If you had use $2 to buy bitcoin by 2010, I'm sure you'll have sell it off when it turned to $4, simply because you're excited at the little gain!
An increase from $2 to $10,000 (approximately the price now) is an increase by a multiple of 5,000.

If the price multiplied by 5,000 again, the price would be 50 million dollars.  Since 50,000,000 x 21,000,000 is dramatically more than the amount of money which exists in the world, it's impossible for the price to rise by that much again.

So it is very much about whether you had known about it earlier.  Exponential growth forever is impossible, and past prices can't accurately be used to predict future ones.

Obviously this is just in hindsight, and in reality it wasn't necessarily a good investment decision to buy BTC at every point in its history.
What you say here is plain wrong. First of all the supply in the market is not related to Bitcoin's maximum technical cap. Recent articles are estimating about $30 Billion in Bitcoins lost, and about 5 million of them haven't even been mined yet.
When people keep Bitcoin to themselves instead of selling it, that also decreases its liquid supply and the price goes higher due to demand. The more people that get into Bitcoin, the more scarce it becomes.
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November 30, 2017, 05:31:49 PM
Last edit: November 30, 2017, 05:43:01 PM by Iranus
 #4

Recent articles are estimating about $30 Billion in Bitcoins lost, and about 5 million of them haven't even been mined yet.
Alright, I used the most dramatic figures, but it wasn't "plain wrong".  I counted the ones that haven't been mined because most of them will exist in the future (in a long time, which is when we're talking about the price being so high).

Regardless, you could just move a bit further back (to a lower price) and multiply it by that much.  Sooner or later, crazy growth has to stop.
The more people that get into Bitcoin, the more scarce it becomes.
There's no reason to assume that people would necessarily keep their coins to themselves if more users get involved.

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Rebldomakr
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November 30, 2017, 05:40:47 PM
 #5

If you had use $2 to buy bitcoin by 2010, I'm sure you'll have sell it off when it turned to $4, simply because you're excited at the little gain!
An increase from $2 to $10,000 (approximately the price now) is an increase by a multiple of 5,000.

If the price multiplied by 5,000 again, the price would be 50 million dollars.  Since 50,000,000 x 21,000,000 is dramatically more than the amount of money which exists in the world, it's impossible for the price to rise by that much again.

So it is very much about whether you had known about it earlier.  Exponential growth forever is impossible, and past prices can't accurately be used to predict future ones.

Obviously this is just in hindsight, and in reality it wasn't necessarily a good investment decision to buy BTC at every point in its history.
I couldn't agree more. Sure, Bitcoin may well have many good years, even decades, left in it, but for this growth to carry out forever? It's simply impossible.
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December 03, 2017, 07:17:34 AM
 #6

Exactly - Why regret- there is still time to invest and money to be made. Stop wasting time worrying, if you have the money, invest it now…
hatshepsut93
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December 03, 2017, 07:28:55 AM
 #7

People regret missing out by not buying or selling too early because they treat Bitcoin as some speculative asset, so at their present they always think "it's too high now, it won't go up any more", while the right approach is to evaluate Bitcoin's technology and it's potential to disrupt the current economy. If you will start doing this and reach conclusion that Bitcoin will be used by everyone in the future, then it's never early to buy it, even when it's at all time high. But because most people haven't even though about fundamentals, it's pointless to regret now, it's better to turn this experience into lesson that researching and deep understanding is very important in investing, otherwise it's just gambling.
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December 03, 2017, 07:32:30 AM
 #8

The reason why they regret it is because of the cost of investing. From then, not trusting and let it all rise up and leave themselves lesser chances to invest.
 Let us say a person knew bitcoin from the time it was at its cheapest price. Everyone can easily invest that cause the continuous increase in price.  While at the moment, it is very regretful because $2 will not matter of hodling at all and what saddens them more is that they started to think if anybody will invest with that much of an increase.
Therefore, increase will be slower and beginning to be to expensive to invest in.

Personally, I do not regret being a bit late in btc. Still bitcoin is wonderful.  I am still young and would hodl what I have.
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December 03, 2017, 07:33:46 AM
 #9

Yes. I like your comments. I also agree. Its odd that people think they have to buy an entire Bitcoin to be part of this revolution!

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December 03, 2017, 07:35:34 AM
 #10

The real thing is STOP REGRETTING, BUY BITCOINS NOW BEFORE IT'S TOO LATE, AGAIN. This is what people thinks that they are "Too late" in buying bitcoins, but they're not. Look, btc at 4k usd, "Oh, I'm late in buying bitcoins." Bitcoin at 7k usd, "I'm late again, wow." Stop thinking that you are late, BUY NOW. Because for all we know, bitcoin will not stop growing and will grow and grow in the future.

 
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