Tim-BTC (OP)
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August 21, 2021, 04:01:01 AM |
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In recent years, more and more people have started to talk about Bitcoin with me, and the most common words are:
1. I started paying attention to it many years ago, but unfortunately I didn't buy it. 2. I bought it before, but it was a pity that I got off too early. 3. I should have listened to you at that time, buy some.
In fact, just one sentence: missed it. Why didn't most people expect Bitcoin to be as brilliant as it is today? In my opinion, the key reasons that make you miss the Bitcoin opportunity are actually the following aspects:
1.Whether the information is unobstructed. This one determines your vision and insight. In fact, most of the channels for people to obtain information are from the circle of friends, and a few are from themselves and have excellent qualities that love tossing. The level of your circle of friends can determine the quality of the information you get. If no one tells you, or if you happen to pay attention to cutting-edge technology, it is impossible for you to hear about Bitcoin. You can't search for relevant information on search engines, after all, you can't search for something you don't know at all.
2. Resolution The more information, the stronger the resolution needed. It may be better if it is a field that you have always understood, but if it is a field that you did not know before, can you distinguish it correctly?
3. Whether the investment capital is idle? If the money you invest is from a loan, you will check your account balance every day. Short-term fluctuations will make you not hold it for long. Only after you invest and forget the existence of the money can you hold it for a long time.
4. Mindset and boldness. No matter what the investment is, it is normal to have ups and downs, ups and downs. Buffett said that he is fearful when others are greedy, and greedy when others are fearful. The question is when everyone is afraid, do you really have this mentality to stick to your own opinions? Does the conclusion you insist on must be correct? For example, when Bitcoin crashes 80% for the first time, can you be indifferent, and will double up after being determined, instead of thinking that this is just a scame, and now it’s crashing?
If time goes back 10 years and give you another chance, will you really take out your real money and buy it when Bitcoin is still considered air? If you are given another chance, will you really insist on not selling after you have made several times the income and hold it till today? If you were to give you another chance, would you really listen to my advice and allocate a bit of Bitcoin as an asset? No, you still won’t. After all, I'm not an expert, because you don't believe that the future of Bitcoin will exist like a sea of stars.
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Lily Garver
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August 21, 2021, 06:31:00 AM |
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If you give me another chance, I will say to Bitcoin, I will hold your hand and never let go, and walk with you to one million dollars. A few methods that I think are important to be able to hold Bitcoin: - 1. Spend enough time to understand the technology of Bitcoin and make yourself firm enough to hold Bitcoin. The main reason for not holding it is because of lack of confidence and lack of cognition, which will cause the mentality to collapse.
- 2. What can Bitcoin bring to the current financial mechanism? What can it bring to mankind? Whether his development is irreversible.
- 3. If you take out the funds that will not affect your life even if you return to zero, you will firmly hold the funds. There is no absolute thing. If Bitcoin does not exist, you can continue to live.
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People who give up time, in fact, time also gives up him.
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caryoscar
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August 21, 2021, 06:42:05 AM |
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You may hear this in your life, if I listened to your opinion and bought 5 bitcoins? What if I didn’t think Bitcoin was a scam? What if I didn’t sell my bitcoins at that time? What if I didn’t lose my private key at that time? If at the time of the divorce, I chose Bitcoin as my property? What if I spend a little savings every month to buy bitcoins? I am now close to 100.
Time cannot go back, life has no ifs, a giant in thought, it is better to be a wise man in life. Learn to embrace the future, accept the future, and participate in the future. We are not investment experts, but we must have financial thinking. Don't wait for the time when you can't sleep, your mind is filled with Bitcoin.
I have had enough of the centralization of all evils. I just want to have my own property rights. I will work hard without real wealth and freedom.
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Accardo
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August 21, 2021, 06:45:37 AM |
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Well your article is interesting but something is wrong. Nobody missed Bitcoin because Bitcoin is not dead, it's still here for everybody to hold in different ways.
1. Through knowledge: Learning about Bitcoin is a good skill that will fetch money to the previledged people like me and you that study the technology.
2. Creativity: Bizonacci the popular cryptocurrency YouTuber made banks of Bitcoin using his videos to pass messages to the world about Bitcoin and cryptocurrency at large although he is nowhere to be found today. In addition, many cryptocurrency writers earn closely 4k a month writing about Bitcoin on top DA blogs.
3. Marketing: In the market today, we see so many projects paying huge amount of Bitcoin for press releases and social media influencer marketing to marketers that knows how to do it.
I stated these strategies of earning Bitcoin so that people will remove the doubt that they missed the train or they should have invested long ago. No, the train is on the railway station anyone can join and enjoy the technology at anytime and make profits huge one as well.
It doesn't stop at holding and trading and all other familiar terms that scare newbies away.
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defi-Dany
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August 21, 2021, 07:00:13 AM |
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Well your article is interesting but something is wrong. Nobody missed Bitcoin because Bitcoin is not dead, it's still here for everybody to hold in different ways.
miss here is not long for/think of, here it means lose ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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cabron
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August 21, 2021, 07:35:44 AM |
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I missed Bitcoin because I was a no believer the first time I heard of BTC and was not paying attention to how innovative the blockchain technology is. If time is turned back, of course, we all will take the route of buying a lot of BTC, sell properties, and anything valuable because we all know the future is BTC. During that period, we yet have not learned what BTC could bring. Sadly, turning back time isn't real.
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famososMuertos
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August 21, 2021, 07:37:24 AM |
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The opportunities are always there, some are allowed to pass for different reasons, bitcoin was not, is, and will not be different in terms of being an opportunity like any other non-traditional that has existed to make money.
In general, if we look at the opportunities that are missed, there are many, but without a doubt, each one of them is not for everyone, just as people think it is not my thing to stand in front of a camera, etc. and many of them are sure to proclaim do not miss the opportunity with social networks, for example, the same thing happens with bitcoin.
The opportunity that you see with bitcoin does not have to be that of your environment or that of those around you, you simply do not have to judge who does not enter today, or did not do so in the past, but if the action that dictates your reasoning is to give Yes to bitcoin then if it is worth asking why you haven't done it?
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Rainbow-queen
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August 21, 2021, 07:58:20 AM |
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In my opinion, having wealth too early is not necessarily a good thing for the growth of young people.
He is still young and misses wealth. Isn't it a kind of wealth?
Some people will regret the missed opportunity, but I think such an experience is an intangible asset for him. It is not money, but cognition that can really achieve the class transition.
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Rruchi man
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Why didn't most people expect Bitcoin to be as brilliant as it is today?
Within the time when we started to hear about cryptocurrency and bitcoin in my locale, many had lost all their capital to a perfectly planned ponzi scheme that lasted for well over six months and completely won over the believe of many people until the whole system crashed and people lost their money to the scheme during the festive season. It was a really terrible time for everyone who had invested their money into this online venture, so no one was particularly interested in paying or giving attention and ears to any word about digital or online money. This is perhaps the reason in my locale why many people did not expect bitcoin to be as brilliant as it is today. A friend told me about bitcoin and it's prospects then, but i was too pained and skeptical being that i just lost my money to one online ponzi to even want to believe another no matter how genuine that it sounded. In my head, it was just another elaborate ponzi scheme. This is why i didn't purchase bitcoin at first, bot like the information wasn't there, but because of my previous experience, i was too reluctant to act.
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Mcphail
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August 21, 2021, 08:46:16 AM |
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Why didn't most people expect Bitcoin to be as brilliant as it is today?
Within the time when we started to hear about cryptocurrency and bitcoin in my locale, many had lost all their capital to a perfectly planned ponzi scheme that lasted for well over six months and completely won over the believe of many people until the whole system crashed and people lost their money to the scheme during the festive season. It was a really terrible time for everyone who had invested their money into this online venture, so no one was particularly interested in paying or giving attention and ears to any word about digital or online money. This is perhaps the reason in my locale why many people did not expect bitcoin to be as brilliant as it is today. A friend told me about bitcoin and it's prospects then, but i was too pained and skeptical being that i just lost my money to one online ponzi to even want to believe another no matter how genuine that it sounded. In my head, it was just another elaborate ponzi scheme. This is why i didn't purchase bitcoin at first, bot like the information wasn't there, but because of my previous experience, i was too reluctant to act. It sounds like you have experienced a terrifying case.Without capital and enough understanding, you missed the opportunity. But fortunately, you finally arrived and did not miss the era of cryptocurrency.This is a thankful thing, good luck to you.
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dothebeats
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August 21, 2021, 09:25:22 AM |
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I wouldn't say that they miss it, but rather didn't believe in it enough to ride all the waves that bitcoin went through all this time. It is understandable, given that even the most experienced, tech savvy guys who first got in to bitcoin and understood what things are on the get go bailed out at some point in time. What more for those people who barely understood why bitcoin works that way, and only flocked into the scene because it is worth something?
Not a lot of people took bitcoin seriously from the start, thinking that it's only a ponzi money-grab that will never take off given how absurd and disruptive its model is.
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Mpamaegbu
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For me, it was number 1. But I think 1 and 4 could apply to most people. Whatever happened that I didn't get to hear about Bitcoin until in 2016 when the Ponzi scheme MMM became rampant in my country beggars explanation, honestly. It wasn't even that I wasn't used to the internet. I was, and would go online once in a while to check stuff. How that very important and phenomenal information that would change the entire world status quo on finance and economy escaped me is what I can't explain even till date. So, basically I think the media tried all it could to suppress news on Bitcoin earlier or the press was largerly ignorant of what it is actually.
Now, the second part which is number 4 – this is the part I always say whatever we do with the information we have will either make or mar us. A lot of people heard of Bitcoin when it was at shit price (just like many alts are today) but refused to buy into the tech. Most of those who regret to owning Bitcoin will be those who missed out early. Nevertheless, it's never too late for anyone to still buy into the Bitcoin move.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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Kong Hey Pakboy
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August 21, 2021, 09:44:52 AM |
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If I have my current knowledge of bitcoin and I was to go back 10 years, I would definitely go and buy as much as I can because I know that I am going to make a lot of money out of it. I think the reason that some people didn't know about bitcoin is that they didn't know about it in the early days or they were scared of investing in something new.
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cryptomaniac_xxx
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August 21, 2021, 11:48:03 AM |
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Perhaps the best answer is that we really don't know what bitcoin in it's early days. We may have heard it, but what it can actually do? we don't have a clue about it.
I'm sure those early bag holders, so at least who have stayed in the game, doesn't have any idea as well. Maybe it was luck that they did stick with it, maybe it was their gut instinct telling tell to stay and not sold early.
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UserU
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August 21, 2021, 12:13:14 PM |
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If I have my current knowledge of bitcoin and I was to go back 10 years, I would definitely go and buy as much as I can because I know that I am going to make a lot of money out of it. I think the reason that some people didn't know about bitcoin is that they didn't know about it in the early days or they were scared of investing in something new.
Yeah, back then I didn't know what was Bitcoin all about and didn't see the potential of it. All I saw were articles of mining Bitcoin on your desktop/ laptop and I was like hey, why not try mining? Tried out on my laptop and bought some but eventually sold it and forgot until 2017.
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michellee
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August 21, 2021, 12:27:30 PM |
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Why didn't most people expect Bitcoin to be as brilliant as it is today?
Because most people do not know about the crypto project and the internet is still not as popular as today, many countries still do not have better internet connections, so they do not know what happens on the internet. Or people are too busy with their real-life, working hard and never think about the internet growing but after they realize about bitcoin, the bitcoin price already increased so high and they think that it will not be easy for them to buy bitcoin. Mostly, that is because of a lack of information about bitcoin that year and next year. People opened their eyes when bitcoin reached $19,000 in 2017-2018 and they do not think that bitcoin can be like that. But then many people were disappointed to see the crypto market is down a lot in the next year until this year, and they start to follow the bitcoin price journey.
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cheezcarls
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August 21, 2021, 12:30:53 PM |
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The reason that I’ve missed Bitcoin is because of my fear that it may quickly collapse during the time it rallies towards $20k until it reaches $60k. Yes because during that time I’m still hard up on funds and I don’t wanna risk too much. So yeah I am still regretting until now but already moved on and learned from it. However, it’s not good for me as well to go all-in, coz’ that is such a terrible idea in managing risks.
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Kakmakr
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August 21, 2021, 02:41:49 PM |
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Shawn20
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August 21, 2021, 02:48:43 PM |
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The reason behind i missed Bitcoin because i am belong from 3rd world country where people Don't even know about bitcoin during launching time which is 2009. I learnt about bitcoin in 2017. I think in between this time, bitcoin price change a lot and i missed the opportunity to become a millionaire.
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just_Alice
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August 21, 2021, 03:38:44 PM |
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So true, I missed out as well. The major problem, apart from the ones you described here, is the that I wasn’t much of an investor back then, the hole idea of making money of something by holding it seemed unknown to me. I didn’t know anything about the market, stocks, investments, trading, etc. It’s after Bitcoin that I started to get involved with all this.
You’re right, it’s hard to hold on to something if there’s no guarantee, when you see prices going up and down. Now that we know the history of Bitcoin price and know that it will always grow, eventually, it is obvious to me that everyone should invest. If I had a chance and went back in the past, I would’ve definitely bought some.
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