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Author Topic: Damn, I should've bought bitcoin earlier!  (Read 401 times)
Harlot
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March 28, 2021, 09:11:00 PM
 #21

This is completely true, I have witnessed bitcoin price cycles since nearly 2014, at that time I was watching Bitcoin remotely and I remember its price when I learned about it was about  700$, and every time when I saw the price of Bitcoin I was surprised, but when the price of Bitcoin exceeded  3000$, then I knew that there was something unusual Happening and decided to enter the bitcoin world.
Many people who watched the beginnings of bitcoin now regret most of their regret because they did not buy bitcoin at the time and keep it until now, also people at this time will regret it in the coming years if they do not buy bitcoin now.

There will be several of those kinds of people where they regret when the price is up but won't do anything when Bitcoin's price goes down. They actually don't do any action or maybe they are just afraid of entering the market because they are risking their money which happens to several people who have entered the market only to experience a loss. IMO its never too late to enter the market as long as you are prepared to do a trade and take advantage of every price action, this might be something hard for a lot of people but if they want to enter the market at this point this is something they need to do.
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March 28, 2021, 09:19:40 PM
 #22

Many will regret especially those close friends that we have talked a lot and even told the story of our bitcoin journey, personally. But at the end, they have just ignored it. And the time that they'll talk to us again when it's too late for them to invest and willing to put money in the table with everything that they've got and hoping and asking us if they're still good to invest by that time. And to answer that question, we'll never know if we'll just ignore them or say invest what they afford to lose.



 

 

 

 

 

 


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wheelz1200
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March 28, 2021, 09:24:01 PM
 #23

Its still not late to get in, I always hear this now I wish I wish...well go buy.  The top has not yet been hit for sure.  As much talk that crypto has gotten in mainstream media it is just starting to hit peoples portfolio.  Once it's in everyone's we will be well past 5 figure usd bitcoin.  Buy now and buy as often as you can.

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March 28, 2021, 09:42:46 PM
 #24

Its still not late to get in, I always hear this now I wish I wish...well go buy.  The top has not yet been hit for sure.  As much talk that crypto has gotten in mainstream media it is just starting to hit peoples portfolio.  Once it's in everyone's we will be well past 5 figure usd bitcoin.  Buy now and buy as often as you can.

Exactly multiple tactics
- buy now and hodl
- Buy now. Sell at 100-150k. Buy back 300 days after ATH.
- DCA buy $X every week/month and don’t look at price

Any of these are close to guaranteed >20x profits if you dare to wait 4-5 years....

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Quidat
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March 28, 2021, 09:44:51 PM
 #25

Its still not late to get in, I always hear this now I wish I wish...well go buy.  The top has not yet been hit for sure.  As much talk that crypto has gotten in mainstream media it is just starting to hit peoples portfolio.  Once it's in everyone's we will be well past 5 figure usd bitcoin.  Buy now and buy as often as you can.
Not all would really be ending up with that kind of mindset and not all would really be having the capacity to do so.You would really be needing that kind of
dedication towards crypto investment if you do like to survive all the anxiety that you can possibly experience when you do deal with these type of investment.
Stories of regrets and and those common words then this is been flooding the market every now and then when situations like bitcoin did reach a particular price point.
Lots do missed out that train but doesnt mean that it is already late for you to join the bandwagon.It is indeed the peak havent known yet which means
that we could still experience profitability.

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March 28, 2021, 10:04:00 PM
 #26

Sometimes I am confused by people who are still hesitant to invest in Bitcoin,  even though there is already a lot of evidence that the Bitcoin
price continues to increase. The longer we delay investing in Bitcoin, the more regret we will be in the future. Because the price of Bitcoin was
started from the time it was created until now the increase has been very drastic. How could such a profitable asset as Bitcoin still have people
doubting it. With the Bitcoin price hitting $ 61k this year, so many people regret not buying it in the first place. So from that we don't keep repeating
the same mistakes, start collecting as much Bitcoin as possible from now on.

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March 28, 2021, 11:03:49 PM
 #27

If people know that Bitcoin will be like this, all people will buy it. But because their knowledge is not enough so many of them decide to not buy it and as you say they will say "Damn, I should've bought bitcoin earlier!".

I think to say something like that can't change the circumstances, so stop regret the past and buy now for the future, so no more regret later

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March 29, 2021, 02:20:10 AM
 #28

If people know that Bitcoin will be like this, all people will buy it. But because their knowledge is not enough so many of them decide to not buy it and as you say they will say "Damn, I should've bought bitcoin earlier!".

I think to say something like that can't change the circumstances, so stop regret the past and buy now for the future, so no more regret later
I think in some cases people know they should buy bitcoins right now despite the currently price, but at same time they don't have spare money to give themselves the luxury of risking money, as it may be necessary later for daily expenses. If bitcoin keeps rising it's good they will have a nice profit, but if bitcoin enters a bearish market they will have to wait a long time before seeing that money again (until a new bull run begins).

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March 29, 2021, 03:15:12 AM
 #29

LOL, this is pretty funny, because I see this very often when the price of bitcoin is going up really high. there are so many who want to buy bitcoin, even re-studying crypto again to get that moment. however, to get that moment, I think they need to buy crypto assets little by little, and don't care about the situation. we don't know when the bitcoin price goes up again.

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March 29, 2021, 03:59:47 AM
 #30

Most people that know me personally they all say that they should of bought bitcoins earlier. I told them they are cycles and to buy when there is a bear market. They said "contact me when to buy".

So basically back in 2015 when it was like $200 and in 2018 when it was $3500, I told these people that "everybody is fearful... might be time to buy" and there was always some excuse. Like in 2015 I remember people were saying "I will buy at $100 instead of $200" and during Nov 2018 crash they said "I will buy 3 digit bitcoin instead of buying it at $3500" and we all know what happens next. Some of these people ended up buying the top years later.
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March 29, 2021, 10:09:48 AM
Last edit: April 04, 2021, 01:50:29 PM by Stalker22
 #31

Let me fix that tweet for you:

Damn, I should've bought bitcoin earlier!
Might as well buy it now, I guess.

 Cheesy

I've seen a lot of this kind of behavior lately and that's why it’s wise for anyone considering buying bitcoin not to wait too long.

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March 29, 2021, 10:28:30 AM
 #32

Funny but true in a sense. How many of us who wish to have known bitcoin much earlier and invest on it? But then we have people who invest, then sold early so they regret it as well.

So I guess, it's not to late to join the party, we still have like 3 more halvings, that's good enough for the price to really soar in the future, 3 more bull runs, and probably we will see the price going x,xxx,xxx,  Smiley

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March 29, 2021, 12:27:48 PM
 #33

If people know that Bitcoin will be like this, all people will buy it. But because their knowledge is not enough so many of them decide to not buy it and as you say they will say "Damn, I should've bought bitcoin earlier!".

I think to say something like that can't change the circumstances, so stop regret the past and buy now for the future, so no more regret later

Yeah, the thing is they don't know Bitcoin would grow this much big. I bet every time Bitcoin enters the bear market people who don't have strong resolve losing their competence or taking a break from it, this makes them lose the opportunity to buy at a cheap price. Now that Bitcoin showing great performance, the price is surging up that when that thought came in for them like "I should have bought Bitcoin earlier". But I don't think it is too late to go in because Bitcoin tends to grow even bigger as time goes by so why not do it now, pretty sure we're not yet at the peak so you would still be able to take profit.



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March 29, 2021, 12:36:44 PM
 #34

I have seen that before because my friends are saying about that.
That is why we will regret not investing in the bitcoin while the price is still at a low price and suddenly, in the next hours, the price starts to rally and jump to the high price.
If you can analyze the trend and found a sign where bitcoin will stay in the next hours or tomorrow, maybe you can prepare to buy bitcoin and hold it for a while.

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March 29, 2021, 01:06:59 PM
 #35

Many doesn't know the outcome thats why many or lets just say all.of us really want to travel back from the past and buy bitcoin at the cheap price to gain good cash from now. But seems those cheap things will not going back right now so take your position when dump came so that you will never say again "Damn I should've bought bitcoin earlier.

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March 29, 2021, 01:24:40 PM
 #36

There are time I feel the regret of not buying Bitcoin at the early stage, its hard to accept but we have to move on and to look forward with Bitcoin.

We cannot bring the cheaper Bitcoin back anymore, this market has grow a lot over the last decade and what we can do right now is to start adopting bitcoin, don't just buy better to understand Bitcoin as well. We are still aiming for more heights, you can still have bitcoin for a cheap price if you look for long term future of Bitcoin.
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March 29, 2021, 01:56:27 PM
 #37

Market is full of speculation and price predictions that seems very high, but taking into consideration the previous market cycle it looks like a possible value to be reached. Every user have the same mind, I could've bought earlier. Past is past, and now its time to act without delay. Maybe tomorrow you'll think of the same, we missed it again. Large companies participation is a big thing that will surely drive the price reach atleast double the value at present at the earliest.

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March 29, 2021, 03:01:28 PM
 #38

Any of these are close to guaranteed >20x profits if you dare to wait 4-5 years....

What do you think is the percentage of people who are willing to wait 4-5 years to profit from something? I would conclude from personal experience and experience from this forum that it is not more than 25%, but even some of them have a problem - because after so much time they fail to find a seed, private key or password to access funds.

If we look at what the remaining 75% consists of, it's mostly the impatient ones who don't know what they're actually doing and find themselves in trouble very quickly - they lose their backup or become victims of phishing probably within 1 year. Of course, we should not forget the weak hands, because they are in a panic when prices go down by only 10%, and we know how convincing the mainstream media is when it comes to expanding FUD at the speed of light.



I would say that it is not only a problem when someone invested in Bitcoin, but that an even bigger problem is that many did not take it seriously until the end of 2017 - and even then everything went even more in the direction of profit, and less and less in what Bitcoin was actually invented for.

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March 29, 2021, 03:07:21 PM
 #39

Most people that know me personally they all say that they should of bought bitcoins earlier. I told them they are cycles and to buy when there is a bear market. They said "contact me when to buy".

So basically back in 2015 when it was like $200 and in 2018 when it was $3500, I told these people that "everybody is fearful... might be time to buy" and there was always some excuse. Like in 2015 I remember people were saying "I will buy at $100 instead of $200" and during Nov 2018 crash they said "I will buy 3 digit bitcoin instead of buying it at $3500" and we all know what happens next. Some of these people ended up buying the top years later.

haha, reminds me of my coworker. In early 2019 I got a payout cuz the startup I worked at sold to a big company, I paid off loans with a third of it and then put the other two-thirds into Bitcoin, and put all my money from my paychecks at the new company into Bitcoin for the first couple months. So I LOADED UP at an average price of about $3500, cuz it was very obviously the bottom. Anyway, I told my coworker he should get in now and he said "I'll buy if it crashes again". I was like WTH?! It had just crashed the typical 80+% over a year, clearly ranging at the bottom of the market, and he said he'd only buy if there was another full blown crash on top of the current full blown crash! Some people just don't "get" bitcoin (or investing in general) so even though they always wish they bought in previously they always have an excuse why not to buy in at any given point: it just crashed so it'll crash more, or it's gone up I'll wait for it to crash, or it's at an ATH so it's a bubble I'll buy after the next crash (which leads back to the first excuse).

Reminds me also of my sister in law. In December I was trying to convince her and my brother to set aside stock investing for the time being and put a bunch in Bitcoin. My brother has a bit of Bitcoin but is only "allowed" a small amount of their income to make his own investing decisions, so most of what he has is from what he bought in 2017 and had only sold some of it. So, this is when the price was like $23k that I was trying to convince her. She said they can buy some if the price goes lower, and no doubt if it did go lower she would have had another excuse not to buy! She's reading books about investing to increase their portfolio, and meanwhile refuses to put any money in what has proven to be not just the best investment of the past decade but the best investment literally of all time, with no signs of slowing down! And it's not like she doesn't know anyone in crypto, literally her brother in law (me!) is now retired off of Bitcoin, so she has a family member to help her get educated on Bitcoin, and even her own husband knows some stuff about Bitcoin and puts a little money into it! Yet she just won't listen!

These are the type of people who will only buy Bitcoin once it is fully mainstream. They'll probably make their first Bitcoin buy when it's at like close to a million dollars.
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March 29, 2021, 05:23:16 PM
 #40

I do agree that people are sad that they missed out on bitcoin, that's true. However let's not act like buying bitcoin today and buying bitcoin nearly 10 years ago are the same thing. If you bought 1000 dollars worth of bitcoin at 30 dollars each, you would have 300 bitcoins, that would be around 16 million dollars today if you did. If you buy 1000 dollars worth of bitcoin today, in order for it to worth 16 million dollars that would need to be something like 80 million dollars per bitcoin if my math is right.

So, we all know that we are way too late for making profits like that, people are sad that they missed on that chance and we are never going to have that chance. It's true that if you buy bitcoin right now and wait until it is higher you could make money, but we are not going to make profits like we did back in the day, we ain't getting that 500x return type of stuff ever again.

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