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Author Topic: Anyone else still regret not buying Bitcoin in 2011?  (Read 378 times)
Pokapoka124 (OP)
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January 22, 2021, 10:01:03 PM
 #1

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

 


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January 22, 2021, 10:16:37 PM
 #2

If that only I knew about Bitcoin before I come into the forum, (maybe) I was in the regrets of not buying it but I'm not, so I don't make myself blame it.

It was just in perfect timing that Bitcoin makes a surge unpredictably which everyone who knows before not to believe that it goes like this, surely they are in regrets. This is about faith, everyone who got this thing will be grateful, and those who did not will be simply asking themselves why?

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January 22, 2021, 10:18:30 PM
 #3

I learned about bitcoin then maybe in 2010 but I was in my early 20s and was more interested in other things. Probably would not have been responsible with it or kept them to see the gains a decade later. That is the way life goes can't beat yourself up over things that you didn't do.
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January 22, 2021, 10:56:37 PM
 #4

Well, I believe most of the forum members would regret not buying bitcoin back in 2011, as we thought it's unreal but I am glad that I started earning through signature campaigns when Bitcoin was trending as low as $300, I still do regret not investing into Bitcoin at the begining of 2019 wherein Bitcoin was still affordable and it's not going to help us just regretting the missed opportunities, instead we need to buy at next dip.

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January 22, 2021, 11:43:39 PM
 #5

The only thing I regret about it is probably not knowing about Bitcoin early enough. 2012-2015 were pretty much the hardest years in my life. Bitcoin was there, still growing and I freakin' knew nothing about it yet I was one social media almost 12 hours each day  Embarrassed

But aside from that, Bitcoin has really changed my life especially when I learnt how to trade. I have been able to afford almost everything that could make my life easier apart from a few more "luxurious things" that I do hope to achieve soon.

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January 23, 2021, 12:04:30 AM
 #6

Most times, regrets are not the way to go about most of these things that happened to us at some point in our life's. You might be busy reminiscing on your past errors that you fail to realize the opportunity right before you. Is this the end of growth for bitcoin, I believe the answer is no and yet, some persons don't own a Satoshi yet! It's another thing to be regretful about in the later future should steps not be taken now.

For most persons, they weren't aware or financially capable as the value and what it took to earn a dollar isn't what it is today. Should we look at it this way, should time be revised and you had not the knowledge you possess now, I don't see how you would be making a different decision than you did a decade ago.

Everything you did at certain points of your life is the only thing you could have done at that time. Your no fortune teller to look into the future. You can only try and make predictions but, hardly will your predictions play out as predicted. It's life and investment. Let your experience lead you and no time for regrets.

R


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January 23, 2021, 01:20:14 AM
 #7

At that time I did not know about bitcoin and this forum many people also did not know about Bitcoin.In my opinion those who knew about bitcoin in 2011 have changed their lives,for many it does not apply because many could not hold bitcoin.However, it is very frustrating for those who knew about bitcoin in 2011 but not buy for future.
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January 23, 2021, 01:33:35 AM
 #8

I don't think you can't blame them, I mean, who thought that bitcoin will be a thing of the future. Most people at that time we're skeptic about bitcoin and doesn't even think that it will even reach a thousand dollars but years passed and it reached the thousand dollar mark but it dump afterwards. Also, Bitcoin being a bubble is also a thing that investors fear about it.
Anyway, I don't regret anything about bitcoin as I haven't invested any money but time and effort for me to earn. It also helped me a lot financially as college student.
What I might rather regret is why I only figured and heard bitcoin on 2016 and not earlier. If only I've known bitcoin way way back then it might helped me earlier and I might have be more invested on it.

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January 23, 2021, 01:52:47 AM
 #9

The thing is that it is still a very nascent technology back then. And no one knows that it will took off in the next 10 years. So for those who sold early, I wouldn't say that they have to regret it and yes you can't blame them for selling early.

They could have been millionaires today, but it's not too late to invest again today and hold for the next 10 years. Maybe history will repeat itself, and perhaps it won't make you very rich, but at least you can still make a ton of money.

R


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January 23, 2021, 01:59:38 AM
 #10

If that only I knew about Bitcoin before I come into the forum, (maybe) I was in the regrets of not buying it but I'm not, so I don't make myself blame it.

It was just in perfect timing that Bitcoin makes a surge unpredictably which everyone who knows before not to believe that it goes like this, surely they are in regrets. This is about faith, everyone who got this thing will be grateful, and those who did not will be simply asking themselves why?
Too late to wallow in regrets, we all did not know that it will come this far, hypes and speculations are mixed altogether so we have a hard time from sifting through what is right and wrong, also worth mentioning that FUDs were a prevalent threat to bitcoin as it was still a little known technology back then. Every time is the right time to buy bitcoin, the next thing to do is to wait.

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January 23, 2021, 02:46:20 AM
 #11

regret always comes at the end, if it comes at the beginning it is called registration. So actually there is nothing to be sorry about because even though bitcoin is currently experiencing a great surge, I believe bitcoin will be even higher in the next few years. why not start now to have bitcoin

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January 23, 2021, 03:56:06 AM
 #12

Well, for myself, I regret I didn't buy Bitcoin in 2016 when I first started to know about it. I'm sure that many people regret not buying before 2018. in 2011 not many people knew about Bitcoin.
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January 23, 2021, 04:10:11 AM
 #13

I like how he hasn't changed avatar in nearly a decade.

And tbh, regrets are waste of time, if I keep thinking about BTC then other regrets pop up soon after, it would be better to just make best use of current time.

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January 23, 2021, 06:46:54 AM
 #14

This kind of things happen frequently and there's definitely no point regretting it. though I'm myself also one of those people who regrets selling it when it was about $10K lol.
Truth is none of us know what future holds, last year people regretting not buying apple stock, and this year bitcoin. I bet these kind of people including us who regret like this if were given chance to rewind time but with memory from future not intact. We would've done the same exact thing lol. it's just how we behave.

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January 23, 2021, 06:58:45 AM
 #15

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

 -snip-


I already know bitcoins on that year but I didn't put much interest which is really my regret now since the price from before were so large I can be rich by just waiting for years of holding but did not happen. I wish I bought a lot of bitcoin that time so I can invest some of it while others I will suppose to be making some food business in my place which is a good line of industry if I execute well.



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January 23, 2021, 07:17:38 AM
 #16

Well, that's such one of the biggest example of regrets back in the days when Bitcoin was within the reach of our very hand, when everyone can surely afford 1 Btc.
Now, I guess we will be seeing similar tweets and post like this in the future for not buying when Bitcoin was still $20,000 - $40,000. Some people doesn't understand how Bitcoin is consistently increasing each and every year, that literally a mediocre Bitcoin investor would think $1,000 per Btc was very expensive. I expect a lot of regrets like this in the future, but this one of the biggest regret of all time lol.

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January 23, 2021, 08:31:12 AM
 #17

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.

It's a common trend of regrets coming out when an assest is doing quite well for itself. Most are manipulated and aren't actually event that happens but just attention seekers although that doesn't mean there aren't legit regret out there. If the market is to dumped too you'll still see regret of users not selling at the peak.

You selling at $20k wasn't not that bad if you bought at lesser price, the ideas of trades is to profit so the moment you see profits you should secured it. I understand the price is currently trading above your sell price but don't be too harsh on yourself probably the market will present opportunity for you to re-enter the market below $20k.

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January 23, 2021, 09:35:39 AM
 #18

Yeah I'm glad I don't have $500 worth of bit coin from 2011 , that would be about 400 bit coins, and impossible  to spend . Imagine the tax you would pay . Total capitol gain.

I'd rather have invested the $500 in drugs that I could always sell for cash, with no tax man looking over my shoulder . had you bought heroin ,and resold it ,time after time since 2011 ,each time investing your profit , your gains would make BTC look like monopoly money ( worthless) .   Buffet and Gates would look like penny anti losers next to you .
But alas I bought neither !!   
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January 23, 2021, 09:50:06 AM
 #19

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
Those were the tweets that will make them remember why they didn't trust bitcoin or why they've sold bitcoin at the earliest time that they had it.

There is also a tweet from Greg Schoen.

https://twitter.com/GregSchoen/status/70261648811761665

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January 23, 2021, 10:00:34 AM
 #20

Regretting what happened is useless.
Maybe someone will regret not buying bitcoin when it was cheap last year. But all of that we cannot regret. Because we never know what will happen in the future about the price of bitcoin. This is volatile.
All can be a lesson so that we buy bitcoin when the price is cheap and hold it until the price is really high. And maybe we need to wait a few more years to wait for bitcoin to be cheap.

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