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Author Topic: Depressed that I was not an early adopter  (Read 13243 times)
SeanArce (OP)
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November 25, 2013, 03:33:10 AM
 #1

Can't help but feel this way

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15ZmN3d7WZDo4WbZwPFJMZcPMBDUkueGH7 - my  btc address
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beetcoin
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November 25, 2013, 03:34:28 AM
 #2

you are probably being too greedy. how does feeling that way help you in any way? if you have some coin and have made some money, then just be happy with that.. that's the only thing you can control.
SeanArce (OP)
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November 25, 2013, 03:38:18 AM
 #3

you are probably being too greedy. how does feeling that way help you in any way? if you have some coin and have made some money, then just be happy with that.. that's the only thing you can control.

It doesn't. Feels bad being poor right now.

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C10H15N
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November 25, 2013, 03:40:35 AM
 #4

I know what you mean.  If I had only purchased Berkshire Hathaway at $10.00 a share... Smiley

My point: You should be buying the next big thing now.  Problem is identifying it early.

The secret:  You don't have to pick the biggest thing, picking several things that will get bigger is much more certain.

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
polarhei
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November 25, 2013, 03:42:29 AM
 #5

Can't help but feel this way

October this year is the last call, I'm afraid. But, there is one thing called cex.io, which is your only friend. I have noticed there are few people support me, then I can do less.
MJGrae
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November 25, 2013, 03:44:25 AM
 #6

I would make the argument that we haven't run out of steam yet. Though you might not be an "early adopter" there is still plenty of profit to be made. If so, you can use that profit to be an early adopter of the next major innovation. Cheers.
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November 25, 2013, 03:44:48 AM
 #7

Can't help but feel this way

Just FWIW, that's pretty much how most of us felt in 2011 also.

Not saying that it's a good idea to plow one's life saving in at this time, but it is probably more likely that Bitcoin will do another 10x or 50x now than it was back then.  Still it's certainly not something that I would consider to be a strong likelihood.  Just a possibility.  In the interest of full disclosure, I'm selling.  But if I had no BTC and some money I could afford to lose, I probably would be taking a modest speculative position at this time.


sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
jzcjca00
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November 25, 2013, 03:47:56 AM
 #8

Anyone buying Bitcoin today IS an early adopter.  Some day it will be easy, with things like hardware wallets that make it super safe and easy, and you can tell your grandchildren that you owned Bitcoin before hardware wallets were invented, when you had to deal with paper wallets and offline computers!

You think the people who bought at $1 didn't lament about being poor and wishing they had bought ay $0.001?

Just buy, hold for five years, never think about selling, and you will probably be rich.  

Tips much appreciated! 1PPJHDawPvjh6MEzsvXrMYLgpLmyAaNXUc
BitThink
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November 25, 2013, 03:48:01 AM
 #9

Can't help but feel this way
Many people thought the same way as you when the BTC costed $100 and you know what they missed. That said, I think you still have chance to buy BTC at a price lower than $700, or maybe even $600, just be patient and keep alert.
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November 25, 2013, 03:48:06 AM
 #10

I had a chance to get into Bitcoin in 2012 and it never fully caught my attention until this year when price jumped past $100. Bitcoin is no different than USD or any other business venture. You have to be prepared, in the right place in the right time and take advantage of opportunities.

The early adopters were smart in that they saw an opportunity and held onto their investment. The only thing you can do now is work hard using your skills and talents to earn Bitcoins and invest wisely into ways to multiply your earnings. You might be sad now, but you could end up with 10,000 in a few months you never know.



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Sam-Os
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November 25, 2013, 03:54:35 AM
 #11

Bums me out too, I knew about BitCoin years ago from reading an article about it and thought "wow I'm gonna buy some of these" but at that time I could not find any way to buy them online. I live in the Caribbean and I still don't have any cause it's just difficult to buy them by wiring money where I live. Damn Banks. If there was a place I could have purchased them by credit card I would've purchased a bunch years ago.  Tongue
bitcoinpsftp
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November 25, 2013, 04:03:53 AM
 #12

You'll feel a lot worse in 5 years when they're 40k a coin.... why didn't you buy when they were only 800 Tongue

Seriously, nobody on the street knows what a bitcoin is.  It's still SUPER EARLY.

kireinaha
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November 25, 2013, 04:17:07 AM
 #13

You and 99.9% of current bitcoin holders  Smiley Just think how bad it would feel to be an early adopter who mined a bunch of coins and sold out when they hit a dollar, as many undoubtedly did.

Night gathers, and now my bitcoinwisdom watch begins.
BigJohn
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November 25, 2013, 04:21:18 AM
 #14

Can't help but feel this way

That's so illogical. Emotional yeah, but illogical. Spock wouldn't approve.

That's like feeling bad when on the Blackjack table, the guy next to you pulls a 21. If only you had sat one seat over to the right you would have won. But at the time there was no way of knowing. This stuff is just gambling.
bitcoinpsftp
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November 25, 2013, 04:32:36 AM
 #15

Exactly what Big said.

What if when you bought bitcoins at 0.0001 cents in 2009, because of those minutes sitting on the computer buying, you walked out your house 1 hour later than usual, and got hit by a buss and ended up dead.  IF ONLY I NEVER BOUGHT BITCOINS.

See why that thinking is illogical? 


If only I bought microsoft shares...
If only I bought facebook shares...
If only I bought etc. etc. etc.

descarte
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November 25, 2013, 04:40:31 AM
 #16

look at the bright side. this can also be the best time to jump in.

turn your regrets into motivation.
Georgio
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November 25, 2013, 04:43:02 AM
 #17

I bought some at $400 and I think I am an early adopter. I regret only that I missed the chance to buy from April Until October when the price was between $100 and $200.

I have this feeling that the price will be $10000 in 2015. Nothing else just a feeling. I don't want to speculate what the price will be after 2015.
faizaa123
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November 25, 2013, 04:48:55 AM
 #18

no reason to be depressed.
the vast majority of people miss out on early-adopter benefits (see: google, tesla, apple, etc).

get used to that feeling!
MicroGuy
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November 25, 2013, 04:51:41 AM
 #19

Can't help but feel this way

Look forward. There are emerging altcoins with even brighter futures that will surpass Bitcoin. You can't change the past but you can learn from it and not repeat the same mistake: http://coinmarketcap.com/
lindatess
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November 25, 2013, 05:09:46 AM
Last edit: November 25, 2013, 05:22:57 AM by lindatess
 #20

Most people now would be late adopters in terms of the amount of money you can make.

You can no longer turn $27 into $800,000. That would require the price of bitcoin to rise to $29,629,629.63. $29 million dollars per bitcoin.

So, yes it's pretty late to come into the speculative game. You can make larger volatile returns with a lowered chance of pullbacks in other instruments or angel investing in other businesses or financial instruments that will appear in the near future. There is always going to be something new. Either way, it looks like it's "Who you know, rather than what you know", when it came to picking up bitcoin.

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