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Author Topic: Assuming Bitcoin was your nightmare?  (Read 239 times)
Zilon (OP)
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April 24, 2021, 07:31:54 AM
Merited by Smartvirus (3), Jaycee99 (2), CryptopreneurBrainboss (1), Rruchi man (1), Wakate (1), Davidvictorson (1), Ebede (1)
 #1

Just imagine this bitcoin price explosion was a nightmare and it only existed in your dreams when you wake up would you have invested in it?

So many are feeling left out since bitcoin price keeps increasing by the day. What if bitcoin price was the way it was in 2013 and you had a dream of bitcoin skyrocketing to $49,865.80 in which it has even dropped from over $64k. So many would have still doubted this calling it all sought of names based on their beliefs and religious stands.

I can recall telling one of my wealthy uncles as far back as 2016 to atleast buy 1bitcoin but he said it is an endtime currency giving so many religious backup to his ckaims. He also said it would be a currency that the world would be judged with. However he declined the idea and never bought and almost made problems with anyone who brought up the suggestion nor tell him anything about cryptocurrency.

Today I find regrets in his eyes. He is currently an investor but the amount of crupto he possesses today is nothing compared to what he would have had if he made this investment in 2016. I call this a misuse of valid information. Indeed information controls the world but proper use of it transforms an individual.

So many still doubt this digital currency today and a whole lot of persons still calls it different kinds of names even with evidence of lives it has transformed. I am thinking of launching a campaign to help correct some misconception about crypto currency as a whole. Because this has become our digital gold and more investors should troop in and secure a future for their loved ones.

Assuming this was your nightmare or assuming you had a dream about bitcoin reaching $100k and bitcoin is just $200 would you have bought bitcoin or would you sideline such dream calling it an imagination?
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April 24, 2021, 08:22:23 AM
 #2

Regardless if you are dreaming or not though, bitcoin in the last 10 years have shown tremendous growth. So it's no secret that it is one of the best investment assets we have right now. So it's really up to you to just continue on dreaming, or jump into the hype and invest  and wait for long term. As far as $100k goes, it's a big possibility that we can get to it this year despite the current price situation.

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April 24, 2021, 09:35:15 AM
 #3

If you want to raise awareness, just start from your family and friends circle.

I had my regrets too after the major crash, but it's never too late to enter. With more newer tech spawning, there's plenty of room to enter the scene while many face the burn then learn from their lessons. It's like the same cycle over and over.

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April 24, 2021, 11:24:54 AM
 #4

It wasnt a nightmare for me. Assuming I am dreaming about bitcoin and is skyrocketting in my dreams and your question is,  "Will I invest into it when I wakes up?" , Of course I will. Bitcoin will not always keeps on pushing up.

Just like now, it is experiencing a massive drop. That makes many of us to buy more of it then. We cant turn back time when bitcoin cost cents to dollar. But we are definitely not too late to buy bitcoin now. Lets not be on doubt to invest into it, this will make us to acquire massive profit with having a good knowledge about investing into bitcoin.
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April 24, 2021, 11:48:02 AM
 #5

I usually don't have dreams or nightmares about financial stuff,Bitcoin and prices.Do you have such dreams?
Even if I had such dreams,I wouldn't take financial decisions based on a dream.This is ridiculous. Grin
I make financial decisions based on analysis and using logic and facts.
I get your point OP.Years ago,Bitcoin was called a a scam,ponzi scheme and a currency that is coming to an end,but the Bitcoin price skyrocketed and suddenly Bitcoin became cool and legit,in the eyes of so many skeptics.It's funny how a change in the price of an asset can change the perception of so many people.


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April 24, 2021, 11:55:23 AM
 #6

Just imagine this bitcoin price explosion was a nightmare and it only existed in your dreams when you wake up would you have invested in it?
Two sides of a coin.

What do you imply with explosions?
  • Explosions can be for increases or falls.
  • Explosions can be for tops or bottoms
  • Explosions can be for dream or nightmare
  • How many percent is used to consider movements as explosions? 10%, 20%, 30% or 50% (just for bitcoin movements)

One question but it is a visual math for readersl
  • Have you ever flip your smartphone to see how the upward chart looks like a real downward chart and vice versa?
  • Upward chart will have some pull backs and if you flip your smartphone, pull backs will become bounces.

People who consider one temporary of Bitcoin is a dream or a nightmare do neither believe in Bitcoin nor understand basics of Bitcoin.

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April 24, 2021, 12:01:38 PM
 #7

I definitely would invest heavily on it. And I wouldn't be selling any amount at various prices much lower than $10,000 as I did in real life.

But let's stop crying over spilled milk. We are not yet at the end. Bitcoin has not yet reached its zenith. We are not yet even halfway there. We don't have to imagine ourselves going back to 2013 or earlier. This is not the time for regrets. Bitcoin is only $48,000. It is either we stop the nostalgia right now and begin catching up stacking Sats or continue to cry over lost opportunities in the past when there is a huge opportunity in the future right in front of us.

If we truly believe in Bitcoin, we could still buy right now. If we failed to meet that 1BTC dream, then we shouldn't allow ourselves to miss that 0.1BTC dream, or we will be put in this exact situation today in the near future when all we could reach is 0.001BTC.

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April 24, 2021, 02:34:48 PM
 #8

I think most of us have the same story when we've told them about bitcoin years ago. Most of them declined and those who have stayed are very few, they've stayed and didn't held a lot because they still have some doubt on it.

Assuming this was your nightmare or assuming you had a dream about bitcoin reaching $100k and bitcoin is just $200 would you have bought bitcoin or would you sideline such dream calling it an imagination?
Let's just put it into reality. If I've bought bitcoin before at $200, I would probably have never thought about $20k, $60k, or even $100k. And if it has reached $1k, I'd probably sold from that time because that early phase still has the fear factor on how long it should stay just as what your uncle have thought of.

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April 24, 2021, 02:42:44 PM
 #9

It is hard to tell. No one knows what might happen to an asset, even ones can have a good vision, there are still many boundaries blocking them from being a wise investor. But I mean, why should we regret of something we do not involve? Are we able to change the past, thus change the outcome? Absolutely no. Everything happens for a reason. So instead of feeling in depth of regret, why not try to find the meaning? Why dont we learn from the consequences and start making a better future by experience? Opportunities exist at all the time. And if cryptcurrency does take a 3-year circle to have a big bull run, being patient can give us finally wealthy. I admit that I have missed the biggest wave in this bull run. It is quite painful but at least I learn something.

As long as your uncle does not lose anything, it is fine. Try to find peace within yourself and what you have chosen.

If you can recall your memories with your uncle, I can also recall numerous of people losing money cause of cryptocurrency. How many people actually get rich with bitcoin?
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April 24, 2021, 02:48:03 PM
 #10

Just imagine this bitcoin price explosion was a nightmare and it only existed in your dreams when you wake up would you have invested in it?


it's like a dream, however, it's real, I remember it 3 years ago and now become the richest of the business people just by holding bitcoins for 3 years. Will this trend continue? When will this end?

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April 24, 2021, 02:50:28 PM
 #11


If you can recall your memories with your uncle, I can also recall numerous of people losing money cause of cryptocurrency. How many people actually get rich with bitcoin?

I'm sure it's more than the number of holders, no one knows where bitcoin is distributed in its entirety, there could be people holding dozens of bitcoins but losing their wallet keys, that's very sad. However, I'm sure it definitely exists. And we do not know if satoshi and the team still have bitcoin? If they bruise theirs, they're the winners.

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April 24, 2021, 04:19:07 PM
 #12

snip

The thing is back in 2016 bitcoin was still in its early stages. It still is but at the same time it has proved many it's true potential.
Even I had known about bitcoin back in 2016 and although I knew this the thing with great opportunities.
But at the same time I had no money to invest in bitcoin. I could have arranged some money to buy 1 BTC back in 2016 but the risk was too high since I was still doubtful about it.
Things have changed now. There's no doubt bitcoin is going mainstream in the upcoming years. Stacking as much as we can right now would be the best thing we could do.

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April 24, 2021, 04:35:29 PM
 #13

If this was a dream and I wake up from it I would probably invest in it.
I would see or think of it as a vision or a sign well that is how I see my dreams and how I believe them.
Sometimes I believe that dreams have meaning and they are a sign or warning.

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April 24, 2021, 04:56:11 PM
 #14

I think speaking of the present now, if I had such a dream of bitcoin at $100,000 I won't if be excited about the dream becoming true because I think it's very possible, but it won't be the same back then or so I think,

The bitcoin adoption or should I say news concerning bitcoin is more concrete now than it was then, and people where faced with it being a Ponzi scheme, real, scam and many more, and even some who had invested my have emptied off along the way, it's off no surprise to me that their are people who had all the chance to invest then and didn't that are investing now, it maybe regrettable to them but it's still logical, there are investors who invested in some coins so years back that are regretting it now, those who missed out can always take part now, and still anticipate an exciting future.
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April 24, 2021, 05:13:39 PM
 #15

I would invest in bitcoin for two reasons: For being a pioneer and for following my dream. I think of bitcoin as a long-term investment because of how beautiful education is. I want to ensure the future of my nephews that will happen shortly in at least five years.

It is also a test that I do when creating these goals. How useful is bitcoin and will it be in my life?
I am confident because from the beginning that I have used it, it has helped me and I have been able to help other people.

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April 24, 2021, 06:34:47 PM
 #16

I would not call it a nightmare. For me if something like that happened I would definately take it as a sign and go and BUY cheap. Then years later I would be able to enjoy what I would have achieved and the end of the day I would be able to actually make a lot of money. Haha

But if you do consider it for real. If I am having certain dreams about BTC that early then I would be really considering buying and therefore it shows how passionate I would already be about it.

Well that aside even right now if you hold and if you do have the opportunity to buy then you should since the price have dropped down a little and I do think this is excellent for people who could not afford to buy at 60!!! People already bugging everyone about the price are the ones who did already make a lot of profit and just sitting back and seein the show.

Don't sell !
Invest !

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