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Author Topic: Anyone else still regret not buying Bitcoin in 2011?  (Read 423 times)
Shasha80
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January 23, 2021, 10:16:48 AM
 #21

It is true that I am one of those people who deeply regrets not buying Bitcoin in 2011, when the price was very cheap. But it's useless to regret it,
because I can't go back to 2011 to buy Bitcoin. So what I can do right now by not repeating the same mistakes, therefore I started collecting
as much Bitcoin as I could. Even though the price is already expensive, I believe Bitcoin will be even more expensive in the future.

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January 23, 2021, 10:23:00 AM
 #22

In my case, I didn't know about Bitcoin in 2011. I learned of its existence back in 2016 and bought some. If you look back you may think that if you had bought more, you would have more profit now. But I have no regrets.

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January 23, 2021, 10:29:33 AM
Last edit: January 23, 2021, 02:50:54 PM by jaocoincrypto18
 #23

Even though I knew about Bitcoin as something there on 2011 but I didn’t knew its characteristics nor I knew how money actually works. There is nothing to regret with for not buying something when you did not knew about it overall. But at one point in time I learned about its characteristics, understood its value, and learned how money actually works. This made me go to exchanges to buy Bitcoin and get involve in this investment.
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January 23, 2021, 10:50:27 AM
 #24

This seems to be the thread these days...regrets, lost passwords and keys. Funny how people who thought bitcoin was trash have realized how wrong they were. I personally regret selling at $20k

I really don't regret it since I'm probably too young to buy Bitcoin at that year. What I regret the most is having known Bitcoin but doesn't have the capability to buy it, though this is the only regret I have to be honest since I'm fairly satisfied that I've known the existence of cryptocurrency before it become so big.
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January 23, 2021, 11:24:00 AM
 #25

There's no point in regretting things that we could have done, predicted whatsoever. I knew about Bitcoin since I was 13-14, if I am not mistaken, back when it was worth $200-300. Didn't know much about it, I just used faucets and wandered around the web at that time. I cannot say I regret not buying back then or not keeping any BTC I had earned, (Faucets paid a lot in Satoshi's back then), because I didn't know, even if I did, how could someone predict something like that?

We can't keep living with our regrets, because if I do, I'll have quite a few Bitcoin related ones. Not buying at $200, not buying at $3.000 and bla bla bla. Infinite loop. Just look ahead on what you can do now, not what you COULD have done several years ago.

 
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January 23, 2021, 11:25:15 AM
 #26

Why only 2011? It is true that this was a time when prices were ridiculously low compared to today, but those who have been following BTC for a long time know that during 2015 it could be bought for under $200, and the first half of 2016 for under $500.

Regret makes no sense, it’s just a waste of time - and the only benefit of the past is that we learn something and try to apply it in the future. Before BTC reached $1000 it could often be read on the forum that any purchase below that level was cheap, then the same thing was applied to the $10 000 level, and today, although it may sound a little excessive everything below $100 000 may seem like a bargain given how high the price can jump in the next 5 years.

I would bet that in 2031 someone will ask a similar question, maybe then $30 000 will seem a rather insignificant figure, who knows... I hope that some of us will witness that time Wink

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January 23, 2021, 11:47:15 AM
 #27

Yeah, I kinda regretted not buying more although it was several years after 2011. A $25 worth of BTC that appreciated to almost 500 during the 2017 boom.

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January 23, 2021, 11:57:00 AM
 #28

Fortunately I dont know bitcoin from that age, lolz. But I get jealous of people who are in the crypto since that period but they have not bought them or did not trust it at the first time.

In this statement it could be right and wrong both at that period. After 2008 economic crisis people were scared and they were absolutely fearful for stocks, share market investments. Considering bitcoin on the other hand was completely new era for everyone.

The techy's who believed back then got turned into legends in today's date. However, it's worthless to blame common man since people are still repeating the same mistake today. If they are not believing it today then how can we expect them to invest back then.  Tongue Tongue
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January 23, 2021, 01:13:31 PM
 #29

Fortunately I dont know bitcoin from that age, lolz. But I get jealous of people who are in the crypto since that period but they have not bought them or did not trust it at the first time.

You might be jealous but you shouldn't. The reason why? it is because it is not your time to do it, they know Bitcoin first compared to you, they are buying and risking their money because they believe that Bitcoin will give them a great return. Because if that you know it together, you might be doing as well or you might ignore this opportunity the same just like what the others did that who are now in regrets.
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January 23, 2021, 01:19:45 PM
 #30

I don't regret not buying at that time. To be honest, I hope I knew bitcoin that time so I don't have a regret since in the first place I don't know that crypto currencies exist. Another thing is that if I bought bitcoin at the price and at that year, for sure I already sold it and I am regretting that I sold it so quickly and didn't wait for this bull run to come.

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January 23, 2021, 01:43:00 PM
 #31

For my long stay here in bitcoin, I consider that as huge regret for sure cause if only I had the idea way back that bitcoin would reach this far, I'm probably a billionaire already right now. But since we can't take back time anymore, all we can do now is make the right decision while we still can earn lots from it. Enough with the regrets, let us keep up with other people and keep on going to achieve what we really want. We can all be rich as long as we stay faithful to our goals.
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January 23, 2021, 01:45:43 PM
 #32

I regret being only 16 years old hahaha, I am very interested in Bitcoin and blockchain for about 4 years now. I'm sure that if I was born earlier I would have bought Bitcoin earlier then when I did now (2017), also I would have invested more money in it because yeah now I'm 16 so I don't have that much money. But still I'm very happy with the profits I make, it's not all about the investment, it's about the technology too.
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January 23, 2021, 01:50:59 PM
 #33

This seems to be the thread these days...regrets, lost passwords and keys. Funny how people who thought bitcoin was trash have realized how wrong they were. I personally regret selling at $20k

 https://i.imgur.com/pUHtgS0.png

https://i.imgur.com/SWQtGrm.png


perfect example of someone who regrets it and Im also one of those people who regret not buying on its early days
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January 23, 2021, 01:56:22 PM
 #34

I think it's a very bad idea to regret what you've done in the past! It's much better to draw conclusions and do the right thing!
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January 23, 2021, 01:58:33 PM
 #35

I never know that bitcoin is existing that time I was totally committed to my university education then as a finalist, even if I knew it I may not really pay or divert my attention it because of important issues bothering me. I don't think I have any regret luckily for me I came board around 2016 or 2017 when I was fully involved in it before the price reached ATH, thus so far so good and I am very sure there more opportunities to be derive and abound in bitcoin more profits to be earned in the nearest future as far as I keep on hodling it.

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January 23, 2021, 02:16:03 PM
 #36

We all learned from our mistakes and missing the opportunity during that year was regretful but dwelling the past will not give us future as well. So, what important is today and that's what matters now for bitcoin. I knew bitcoin 2016 and started my interest on it that's why I ended up accumulating bitcoin for  free and the only I regret selling it and if still holds it until now it would be a huge money.

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January 23, 2021, 02:36:07 PM
 #37

I believe 75-96% of all the people that are into cryptocurrency today regretted in one way or the other that they don't invest in Bitcoin at the early stage, lost passwords or keys to their old storage and don't mine Bitcoin when GPU was used.
With that been said, my own regret is not accumulating Bitcoin when I have a chance back in the year 2011 when Bitcoin was still in the $1-$2 price range cause I thought going to have the same story as e-gold which had a problem with the US government.

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January 23, 2021, 02:47:39 PM
 #38

I still don't know anything about Bitcoin back 2011 but I do have a lot of friends who are regretting not buying Bitcoin 2011 or the first time they stumble it, it took me some time before I got to Cryptocurrency but when I fully understand everything and how many people regret not buying not only on 2011 but the first time they stumble it I accumulate and store it and made profit, I guess it's human to regret but we cannot go on crying over spilled milk.
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January 23, 2021, 02:53:12 PM
 #39

The regret will be unending to be honest, we all have our regrets in crypto, I regret not buying in 2016 and 2018, but I have learned to move on, btc was right in front of us dirt cheap but we couldn't realise it, now that it seem very expensive we all value it.

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January 23, 2021, 04:04:49 PM
 #40

You are talking about 10 years ago when btc was not at all famous among masses and only few people who got indulge in crypto at that time got opportunity to buy at lower prices. I came across btc 5 years ago only but still I was tool not to invest my time and money in it and I think many more feel the same with me.The prices have gone too far this time taking them to ATH to $35-$40k range so who have not invested in btc might feel bad for him or sold at lower prices.Imagine the situation of person who have ordered the most expensive pizzas of 10000 worth Bitcoin?So it's the time and mover advantage that you can get.There might be many lucky persons who have invested pennies in btc and now sitting on piles of money.I would regret if I still not be part of monetary and financial revolution that will take decentralised cryptocurrencies like Bitcoin to top and prices will boom at that time.So be smart invest now if you have not invested earlier because investing at $30000 will not hurt when prices will reach $100k or will it still be expensive investing opportunity?

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