I know the feeling thinking your in late. I haven't had any fuckups in hindsight.
I discovered bitcoin through a friend at work. He knew about bitcoin at the $2 time. I discovered is at the >$90 time.
When I heard about bitcoin and mining it took me a while to figure it out.
At one point in time I went for it and bought 2 GPUs and started mining. I knew I was late and ASICs were in preorder.
Most people told me I would never see a profit on bitcoin. I went in on a gut feeling.
When I was on vacation 2 days in my miners stopped due to stability issues. This cost me a bitcoin at that time
After mining for a while I only got out 2 bitcoin before it cost me more power than the bitcoins were worth.
Only just got out my GPUs so went back to gaming thinking bitcoin wasn't for me.
I stopped mining.... (a big fuckup)
A few weeks ago I looked at the price of bitcoins and realized that I never should have stopped mining, bitcoins increase value making old mining losses into big profits over time.
Luckily I went into bitcoin with a piece of my savings and bought a few coins thinking, i'm going down with this investment....
Now i've realized that my BTC have a great profit. I made more money per day on bitcoin on some days than going to work
.
What I can say to anyone on bitcoin are two things
- your always too late with bitcoin the price will always suck when you buy
- your never too late with bitcoin the price will always get better (if you hold on crashes)
Timing isn't an issue. If you want to invest, invest and wait for a few days weeks. If your profits don't pick up then you can probably get out with a minor loss.
Currently i'm back into mining altcoins for BTC. It costs more power than BTC mined but I know it will become a great reward in 3 years time.
I'm looking at staying in bitcoin for at least 3 years and hoping for the $100000 per bitcoin days
The irony for the dude who told me about bitcoin is that he has 0.19 BTC where I have way more, that's his fuckup