This dip is PROOF that "I wish I would've bought Bitcoin at X price" is nonsense

[Photony]

NO you would NOT be rich, you'd be Poorer!

How many times have you heard it?

I wish I had bought Bitcoin when it was $1, $100, $1000, etc!

I would be RICH today! If I had bought in 2019, I'd have a MILLION DOLLARS TODAY!!!

Imagine believing ONE man can literally bring down Bitcoin, imagine believing for the 1,078th time that THIS is the true DEATH of Bitcoin!

I'm still new to Bitcoin....I first bought in on December 2020 when the price was around 25,000....so I'm not an expert, I still have NOT experienced to truly BIG 50% or higher dips....but even as a newbie, I GET IT....you HODL, you DCA, you buy the Dips, you remain PATIENT, and you DO NOT Panic Sell!

I never want to hear people say "I wish I would've bought Bitcoin at X Price".....because these are the people that would INSTANTLY SELL the second Bitcoin had a 30% or higher correction!

[Obito]

Who is that one man that you are talking about though? Well, if you had bought bitcoin when it was around 1$, you are definitely rich by now. Also, there's nothing wrong with people wishing what they could've done in the past, it's called hindsight.

[Poker Player]

I don't think it's nonsense. What I do think you're right about is that even though Bitcoin has been the most profitable asset of the last decade, there are a lot of people who have lost money with it.  Like those who bought in December 2017 and sold a few months later.

[pooya87]

I still have NOT experienced to truly BIG 50% or higher dips....but even as a newbie, I GET IT

To be fair people don't have to experience things to know how they are. For example you don't have to put your hand in the fire to know how painful third-degree burns are, there is logic (fire is hot) and experience of others (burn victims) to tell you that.
Bitcoin is young but it also has 12 years of history and in that history similar trends keep repeating. In fact the FUD we saw this panic sell round was not even new! Anybody with a little research into bitcoin history or a quick look at the charts would have known that.

[electronicash]

in the early days, they consider BTC as an experiment and they still are even after $1200 spike. the institutions are ignoring Bitcoin even after 2017. only few of them are interested. some of the people today are still going to ignore BTC.

i have talked about buying few BTC to acquaintances on mine right when they share about jobs they have and how they still have money problems. they ignore it still. it could be too late for them when finally the government will consider it a reserve currency which they could be the ones that will say "I wish I would've bought Bitcoin at X price" or listened to me.

[BlackHatCoiner]

NO you would NOT be rich, you'd be Poorer!

Why that? If I decided to hold my coins, I would have been richer. I know that the bias wouldn't allow you to keep them for a 20000%+, except if I was extremely greedy or if I was going for the long-term, but based on the chart, it would have been profitable to invest in the past.

I first bought in on December 2020 when the price was around 25,000....so I'm not an expert, I still have NOT experienced to truly BIG 50% or higher dips....but even as a newbie, I GET IT....you HODL, you DCA, you buy the Dips, you remain PATIENT, and you DO NOT Panic Sell!

The panic selling is the worst one. You must not fall into that trap. You have to set a target and settle. As for the “truly BIG 50%”, you'll experience them, I guess, soon.

[Photony]

NO you would NOT be rich, you'd be Poorer!

Why that? If I decided to hold my coins, I would have been richer. I know that the bias wouldn't allow you to keep them for a 20000%+, except if I was extremely greedy or if I was going for the long-term, but based on the chart, it would have been profitable to invest in the past.

I first bought in on December 2020 when the price was around 25,000....so I'm not an expert, I still have NOT experienced to truly BIG 50% or higher dips....but even as a newbie, I GET IT....you HODL, you DCA, you buy the Dips, you remain PATIENT, and you DO NOT Panic Sell!

The panic selling is the worst one. You must not fall into that trap. You have to set a target and settle. As for the “truly BIG 50%”, you'll experience them, I guess, soon.

The key to the question is whether you can insist on not selling at 10 dollars when you buy for 1 dollar. Another reminder, when you buy $1, you don’t know whether btc will rise or fall, or how much it will rise.

[Photony]

Who is that one man that you are talking about though? Well, if you had bought bitcoin when it was around 1$, you are definitely rich by now. Also, there's nothing wrong with people wishing what they could've done in the past, it's called hindsight.

When you bought btc for 1 dollar, can you stick to it until now? When buying for 1 dollar, would you feel that 10 times the profit is enough, and sell at 10 dollars?

[Photony]

in the early days, they consider BTC as an experiment and they still are even after $1200 spike. the institutions are ignoring Bitcoin even after 2017. only few of them are interested. some of the people today are still going to ignore BTC.

i have talked about buying few BTC to acquaintances on mine right when they share about jobs they have and how they still have money problems. they ignore it still. it could be too late for them when finally the government will consider it a reserve currency which they could be the ones that will say "I wish I would've bought Bitcoin at X price" or listened to me.

This situation is simply too much, so now I insist on looking for the latest projects, hoping to buy tokens with great potential at a low price.

Could you share with me some good new and potential projects? Thank you.

[Obito]

~snip

When you bought btc for 1 dollar, can you stick to it until now? When buying for 1 dollar, would you feel that 10 times the profit is enough, and sell at 10 dollars?

Well, that depends, if I forgot about it for a long time and I still remember the access to the wallet then probably I can still have it also, that's why I said in my  post that it is the hindsight and not actual hodling. I know myself and I would probably stick around until the prices are a double digit.

[joniboini]

Nah, we don't really have to be hypercritical about it. It's just an expression of regret, even I do something like that when I make a mistake in my judgment. Does that mean I panic sell every time? No, I still hold a lot of my assets even if I bought at the top. Is that the right move? Who knows, I don't know the future.

I think luck plays a huge role in my ROI, and fortunately, I only use the money I can afford to lose on my investment so it's not that stressful. Lots of people panic sell because they don't do this.

[Upgrade00]

It's only nonsensical if it's not followed by the price they actually bought in at, such as 'I wish I would've bought Bitcoin at X price... But I instead got in at Y price'. A lot of people would rather regret not having bought before, without making any move to buy now (even through they can).
Bitcoin is still at the early phase, so if you cannot buy now and wait for 5+ years with all the evidence of growth, you most likely would not 10 years ago when Bitcoin had no history of growth.

[Kittygalore]

Nah, we don't really have to be hypercritical about it. It's just an expression of regret, even I do something like that when I make a mistake in my judgment.

Exactly, OP just sounds condescending in his/her way of creating this thread. And to OP, haven't you had any regrets like this in the past because pretty hypocritical of you to target people who regretted not buying bitcoin at X prices when you did regret about something.

[mrongoz22]

depending on what you mean by the price of x, the name regret always comes later, so we don't need to think too much, just resign, the mistakes we have experienced in the past, and in the future we have to do it. be more careful...for sure in the future it will be even better..

[Sterbens]

I first bought in on December 2020 when the price was around 25,000....so I'm not an expert, I still have NOT experienced to truly BIG 50% or higher dips....but even as a newbie, I GET IT....you HODL, you DCA, you buy the Dips, you remain PATIENT, and you DO NOT Panic Sell!

if in that year you bought it, then it is clear where you were at the Bitcoin ATH at the beginning of this year? and you are still the holder without seeing the profit in plain sight?
it's too selfish and you missed the pin that who knows when it will come back? maybe 4 years from now. 

If you are trying to get rich, then stay realistic and factor in expenses. Bitcoins are highly resilient, but as a holder you need years of experience.

a holder knows when to let go, and also knows when to start again as a holder.

[buwaytress]

Buying in 2020 or 2012 doesn't make anyone an expert. Besides, experts wish the same too, you know.

Who is that one man that you are talking about though? Well, if you had bought bitcoin when it was around 1$, you are definitely rich by now. Also, there's nothing wrong with people wishing what they could've done in the past, it's called hindsight.

Maybe he's talking about Trump. I don't know, I've been needing to follow Twitter but too busy TikTok-ing with sharks.

Hindsight. What we've all got in spades.

[tranthidung]

There are people who never join the Bitcoin market. They only observe the price of Bitcoin, with greed, fear and uncertainty.

• When Bitcoin rises too much, they regret that they miss chances to buy Bitcoin in previous months or years at discounted price.
• When Bitcoin crashes, they are fear and uncertain then decide to stay outside. Just want to have safety.
• The cycle repeats and they are always outsiders.

They don't know that in periods they are fearful, they can get safe investment if they join.

[sheenshane]

I never want to hear people say "I wish I would've bought Bitcoin at X Price".....because these are the people that would INSTANTLY SELL the second Bitcoin had a 30% or higher correction!

I remember this before when my friend said, "How I wish I will win the mega jackpot in the lotto" knowing that she didn't even purchase at least 1 ticket from the lottery.  It should be action speaks louder than words, because those people didn't want to take a risk and then regret when they witnessed a good opportunity that supposedly they will get benefit into it.

These people aren't a long term holder, every time when there's a new ATH come, this line was commonly we heard from them.
They were always afraid to invest and always doubt Bitcoin's capabilities to make money easily, in fact, most of them are short-term investors who will always be looking at the price chart that will easily get FUD and becomes a panic seller.

I think this isn't nonsense because there's a chance they will enter soon in the market, the one who didn't make any sense if someone had bought Bitcoin and sold it at a cheap price.

[avikz]

I wish bitcoin adopters from 2017 could see this post! I clearly understand the frustration. When bitcoin market reached to 22k, there was a mad profit booking rush. Also there were many people who had adopted at this price range. People were frustrated until 2020, because they couldn't book their profit since almost 3 years. Now look at the market. Did it give another chance to get into bitcoin at 2017 price level.

So don't share your frustration with people here. Just wait for another bullish cycle.

[maartenhaha]

I wish I had bought Bitcoin when it was $1, $100, $1000, etc!

I would be RICH today! If I had bought in 2019, I'd have a MILLION DOLLARS TODAY!!!

Many ordinary people who are not involved in crypto only dreamed of being able to buy when bitcoin was first launched, stop dreaming because if you were given the opportunity to use the time machine to go back to 2009 then you would only see a few people buying for a certain price. $1 for 1 btc because the value is too high.