omone1
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August 21, 2021, 08:08:26 PM |
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I miss bitcoin because I belt it for some non valuable altcoins. The same altcoins owners are now rich with my money. After taking calculation of the bitcoins I lost to fake altcoins, I have decided to keep my left over bitcoin in my hardware and assume it's not there. March 2020 was a perfect opportunity to acquire some bitcoin but some of us thought the world was going to lost to Covid-19/
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mojun7982
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The Standard Protocol - Solving Inflation
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August 21, 2021, 08:36:38 PM |
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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.
I would say you even need to have the money in the first place and still, even if you bought Bitcoin in 2013 or so, most likely you would still have sold even if it is your own money, not a loan. The reason is that usually be insane to hold something that went up ten times in value, then fifty times in value, and every single time you owe yourself to be realistic. it is much easier in hindsight and then tell yourself that you were so damn certain it would go up. Yes, I can very well imagine that situation, but let's say you have 10 Bitcoin and it hits $20,000 and you could now by an apartment in a nice spot. What is the right decision here? You decide to keep it it drops all the way down to maybe $10,000. Wouldn't that be the moment where every average human being starts regretting? The more the money is of meaning to your most existence, the more you will doubt what the right thing is to do.
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bhooscream
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August 21, 2021, 09:40:56 PM |
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This may be a part of regret. Everybody may also ever has a similar experience, regretting something. But the reason may be different. 'i also regret not buying more Bitcoin when it was under $10k. But I had no choice at that time because I didn't have any money for investment.
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molsewid
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August 22, 2021, 08:35:19 AM |
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This may be a part of regret. Everybody may also ever has a similar experience, regretting something. But the reason may be different. 'i also regret not buying more Bitcoin when it was under $10k. But I had no choice at that time because I didn't have any money for investment.
We do missed out the chance to have bitcoin at that time while the price was affordable with our own respective reason but then now that we knew already this technology, when we were so desperate to have this token in our wallet but the price of this token was so high, I mean it is so expensive for me to afford or to have my own kind of bitcoin. But I know that we are not too late we just need to have a budget to afford to have bitcoin and if I could have it I swear I'll hodl this token for a long term.
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ipanks
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August 22, 2021, 04:04:49 PM |
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I missed bitcoin because I do not have money to buy a whole bitcoin when the price was $150-$200 but I am still grateful that I can collect some satoshi from the faucet. Although I can not buy 1 bitcoin directly, I can earn bitcoin for free from the faucet. Thanks to my best friend who asked me to try playing with the faucet and hold it, I never thought that the bitcoin price could hit $19k a few years ago or even $64k this year. If I can go back to 10 years ago, I will try to buy bitcoin even if I need to borrow some money to buy at least 1 bitcoin and hold it in my wallet and not in the exchanges.
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Oceat
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August 22, 2021, 04:33:11 PM |
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Well, I would say it doesn't matter if you're late to the party or not, the most important thing is you could still have the chance to invest no matter where you start as long as you know what you are doing. Most people in the past sold their Bitcoin early when the price pump or knowing it will gonna crash but they didn't expect it to pump this way.
I knew Bitcoin a long time ago maybe 5-6 years ago but didn't really care that much since I'm too naive of what to do with it. And I kind of think that it's just another scheme of another people who like to scam my/our hard earned money that's why I stay away with it and forget about it.
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3996
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Hobo66
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August 22, 2021, 06:12:50 PM |
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I missed bitcoin when it was at 209$ price. That time i was suffering some financial issues and missed it but still i have a chance to buy it before 200k.
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Tanaka-Wun
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August 23, 2021, 01:03:35 AM |
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I was into Bitcoin before but sadly due to financial problems I lost everything I have, even alternatives coins are all gone. Almost 2 years of being broke I hope that I can recover this time. Bitcoin helped me a lot, last night I thought of coming back to this forum to start learning again all stuff about bitcoin (refreshing) since I forgot some of important matters.
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Darker45
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August 23, 2021, 01:17:05 AM |
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I guess the main reason why a lot of people missed on Bitcoin is that they don't really understand it. There were only a handful of people who got into Bitcoin very early. It was probably because they were the only people who could dive into the details and appreciate how good it was.
If I were brought back 10 years ago, I still might not lay my hands on them. I couldn't appreciate how innovative and disruptive the technology is with all the scant materials available.
A lot of people are finally convinced of Bitcoin because of the vivid affirmation shown by none other than its price value.
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yhiaali3
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August 23, 2021, 01:18:23 AM |
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For me yes, if I had the opportunity to go back and buy bitcoin cheap at the time when it was bullshit I would buy of course, and if I had the opportunity to buy today after these big numbers that bitcoin reached today I will buy too because I learned from the lessons of the past, when Bitcoin was rising to a new high I was saying it is no longer good to buy Bitcoin now because it will not rise any more but the Bitcoin was rising every time more than the previous times, so I came to the conclusion that all times are good to buy Bitcoin because it will definitely continue to rise in the future Moreover.
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yazher
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August 23, 2021, 03:26:16 AM |
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I don't miss bitcoin because I just want to leave for a while and if the price is back to normal then we will also return to the crypto world, because this investment is long term so we are free to go and come back whenever we want, maybe because of this bitcoin very much loved by its users with the freedom of thought they give miners
Some people already made a profit and they wanted to rest for a while and do things they really want to do without stressing themselves with the crypto market every day. Most likely people that are missing the bullish trend right now didn't actually expect that it will gonna happened this month. Therefore, they just right there waiting for the right time to make an entry to the market to also get some profit while it's still hot and moving its price up.
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Xinarae*
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August 23, 2021, 03:47:34 AM |
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Bitcoin traders who have made a profit while the bull run is running in the market for a long period of time do not usually want to create pressure so they are resting for some time. But they will never miss investing in bitcoin because they are always analyzing the market and knowing the updated information will keep re investing in bitcoin as soon as the bullish trend occurs. Signs of profit entering the market at the right time I also do not miss bitcoin investment because the price of bitcoin will go up further.
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JerryKin
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The Standard Protocol - Solving Inflation
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August 23, 2021, 05:29:44 AM |
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I missed Bitcoin because I didn't know enough to want to invest in it. Also everyone around then were skeptic about it. Piratically my friends told me you might loose all your money, there was no much emphasis on what I stood to gain and how it worked.
Plus I didn't have just enough funds then. But the moment I had the chance to learn what it was and I got my hands on just the right amount of funds I needed. I went all in.
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Lubang Bawah
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August 23, 2021, 06:33:06 AM |
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I've known bitcoin since 2015, at that time the price was around $260, and the first time I bought bitcoin was 0.25 btc then I used it to join cloud mining, because I got profit, I bought 2 more btc and I used it for HYIP and cloud mining, because I was hit by a scam then I sold all the bitcoins and left until 2017.
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Tim-BTC (OP)
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August 23, 2021, 07:47:35 AM |
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I should have bought a whole lot more, but I was scared.... my government was heavily against Bitcoin at the time, so I did not want to go to jail for doing something illegal.
Is it illegal to own bitcoin in your country? The government can’t trace whether an individual is in possession, right?
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Tim-BTC (OP)
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August 23, 2021, 08:16:58 AM |
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why do you miss bitcoin,?? the reason is when bitcoin first appeared in 2009, I did not understand bitcoin, I also still doubt because new discoveries usually don't last long, only in 2016 I started studying bitcoin, and asked friends, finally I decided to play bitcoin, but I'm still grateful, because it's never too late to enter the world of crypto..
I think cryptocurrencies are still in their infancy: as in the early days of the Internet, they are still quietly evolving, and most people haven’t noticed. We’re still the industry leader.
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bitterguy28
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August 23, 2021, 09:43:02 AM |
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I should have bought a whole lot more, but I was scared.... my government was heavily against Bitcoin at the time, so I did not want to go to jail for doing something illegal.
Is it illegal to own bitcoin in your country? The government can’t trace whether an individual is in possession, right? maybe he is a Low Abiding citizen that is why he is following the law and besides why risk if being traced if the government requires KYC to have crypto . and also those time people are hesitant in crypto engaging because of mixed belief but most reason is that crypto is scam and that made many to stay away including me and majority of us here. To be honest, I initially missed it because of my stupidity - I thought it was not worth the time. Now I regret that I thought so then.
and this comes why we wanted to have Time machine to return back to the moment when bitcoin is valuing a cents lol.
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wahyu wida
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August 23, 2021, 11:53:35 AM |
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in 2017 before the price of btc jumped at that time I had collected 1 BTC of btc, but because I assessed the nominal that made me panic sell, then the assets that I had collected I sold. It wasn't long before the price of btc had a pump, and I could only stay silent, because it wasn't my fortune, and what I can learn is that I couldn't read the direction of the market at that time
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Ali771samir
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August 23, 2021, 12:59:50 PM |
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I quite agree In my opinion, the reason for these events is the lack of information, and people enter this field of investment without knowledge, and this causes them to take inappropriate risks and inappropriate caution. I hope that one day people who enter this field of investment will examine it with technical and fundamental indicators, and not go for a currency with false excitement created by a certain group.
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zanezane
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August 23, 2021, 01:01:22 PM |
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in 2017 before the price of btc jumped at that time I had collected 1 BTC of btc, but because I assessed the nominal that made me panic sell, then the assets that I had collected I sold. It wasn't long before the price of btc had a pump, and I could only stay silent, because it wasn't my fortune, and what I can learn is that I couldn't read the direction of the market at that time
That's your call, you were so scared that the prices won't persist and continue to go down but the good thing is that you're still here and you are still doing fine with bitcoin, what's important is that you didn't regret selling those bitcoin and the money that you got from it went to a good use.
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