AicecreaME
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November 02, 2021, 06:34:12 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.
It's really common to encounter these kind of statements from other people that have missed the opportunity to buy and invest in bitcoin. I guess big and many "what-if's" have been occuring to them whenever they hear or see anything related with Bitcoin. It's a natural and valid feeling after all. The emotion of regret and what could have been's running inside their head because they didn't anticipate bitcoin would be this big. I really cant blame them also for not risking into something that's beyond their appetite. I guess we just really have our own tolerance of risk. We just gotta accept whatever the consequence it may bring after doing the final decision. You see, risking comes with a reward or loss. Hence, you must think thoroughly before entering. Maybe back then, they really don't see Bitcoin's potential. A lot of people actually didn't see this coming since there are a lot that already get off even before it skyrocketed. Still, the bottomline would be risk what you can afford to lose. That way you won't be hurt when things go haywire, and you could be rewarded if things go smooth.
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TheBitcoinGambler
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November 02, 2021, 07:07:55 AM |
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I just didn't believe in it, to be honest. I thought it was too early for the technology and didn't want to risk losing too much money. Boy was I proven wrong ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Cryptmuster
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November 02, 2021, 08:29:57 AM |
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agree, that those who have experience in crypto knowing the habits of bitcoin will always repeat what has been done so far. everyone also knows that bitcoin will be able to increase by itself and always the increase that bitcoin will receive will always create renewable ATH. when bitcoin increases it is certain that it will occur after the halving, it is certain that those who are very experienced in crypto will not let go to invest directly at the right time.
because the opportunity will be lost if missed and will wait again after 4 years. bitcoin increase is very easy and not always well analyzed, but it is enough to know the nature of bitcoin itself when it will increase because bitcoin will repeat the incident in the future.
Bitcoin will grow in the future, there is no doubt about that, but the question is, will it fall in price now after reaching the new ATH? It turns out that it is now the end of the 4th year cycle is underway and further decline will go. How big will the fall be, to what point can the price of bitcoin fall? Now, buying bitcoin is scary, because it is at its maximum values and buying an asset at the highest price is not smart.
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Wildwest
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November 02, 2021, 12:25:17 PM |
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Many people pass bitcoin because of the problem of doubt so they are not sure that bitcoin can reach the highest value as it is today, and at that time our mindset is still minimal so it does not dare to invest in bitcoin, and at the moment words like the one you mentioned are out everywhere, and the biggest regret at this point is very much what we feel, And at this time the word if time turns back then it will not waste the opportunity again, but it is just a memory and now we have to rise and must be sure that with the value of bitcoin today we still have a great opportunity to get satisfactory results.
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phillipjackson
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November 10, 2021, 06:27:23 AM |
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People miss Bitcoin because they are not sure if they can handle the volatility. Some of them don’t have enough knowledge and some try to avoid it because of the risk involved. However, they fail to recognise that volatility and risk are inherent in trading in any market, and that in order to make large profits, large risks must be taken.
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wajik-tempe
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November 10, 2021, 06:33:38 AM |
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People miss Bitcoin because they are not sure if they can handle the volatility. Some of them don’t have enough knowledge and some try to avoid it because of the risk involved. However, they fail to recognise that volatility and risk are inherent in trading in any market, and that in order to make large profits, large risks must be taken.
But if we see from the different point of view, those people who missed or avoid bitcoin is wrong when the market is on bullish. When the bitcoin market crash there are some correct points from them avoiding to join the bitcoin. So i think it's just based on individual. There are no correct and wrong for people who miss bitcoin and not planning to invest any of their money to cryptocurrecy, because each person has different financial strategy.
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xSkylarx
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November 10, 2021, 06:48:29 AM |
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People miss Bitcoin because they are not sure if they can handle the volatility. Some of them don’t have enough knowledge and some try to avoid it because of the risk involved. However, they fail to recognise that volatility and risk are inherent in trading in any market, and that in order to make large profits, large risks must be taken.
Risk is your friend when it comes to investing because if you don't risk, you don't win. I believe it is because they are afraid of losing their money, which is also due to their lack of knowledge. Before investing, do some research to put your mind at ease. You have no future if you don't take risks. As for me, I miss bitcoin in its early stages because I didn't have access to the internet at the time and was also still studying. I discovered bitcoin when I graduated, and while I did earn some money from it, I still spent and spent it rather than holding it.
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bitterguy28
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November 10, 2021, 07:22:40 AM |
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People miss Bitcoin because they are not sure if they can handle the volatility. Some of them don’t have enough knowledge and some try to avoid it because of the risk involved. However, they fail to recognise that volatility and risk are inherent in trading in any market, and that in order to make large profits, large risks must be taken.
volatility is indeed the main reason why this market increase its popularity and why Bitcoin Made its way to this High , together with Decentralization this is why now we are getting together in the progress and success of Bitcoin. People Missed bitcoin because of their own greed and their weaknesses , some of them afraid of losing while some is eager to Gain without a chance of losing , now those people are the Butthurted human that attacks the success of Bitcoin.
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TurtleFutures
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November 10, 2021, 11:11:29 AM |
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I missed out because I was broke. Even back in ~2010, BTC was somewhat on my radar, but 10 quid was a lot to me back then as a poor student living on ramen. In hindsight, of course, I would have profited massively with just 10-20 pounds invested, but at the time I felt I needed hundreds/thousands invested for it to really be profitable. How wrong I was!
Even in 2013 etc I never felt I was in a position to part with my fiat which I needed to live - it was only when I started to really appreciate the 'pay yourself first' mentality with regards to investing that I started to get involved.
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bosede1
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November 10, 2021, 11:53:04 AM |
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For me I will say awareness, some youth in my Country just knows about bitcoin and its importance like 2-3 years now and even with them knowing they hesitated in investing until last year when there was a surge in Bitcoin price and everyone wished they had invested earlier
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Fortify
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November 10, 2021, 12:35:54 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.
Everyone has different goals in life and not everyone can hold Bitcoin indefinitely. At some point you are likely to sell, if only a small amount, so you can put it into projects like buying projects (a roof over your head) or diversifying your risk away from holding a single asset. That would seem like a very sensible way to invest any gains you've got from Bitcoin. As we saw with the hit it took at the start of Covid, it is definitely not immune from wild swings in value, so it is always worth considering if your entire financial portfolio is properly balanced. Risk profiles can also change over a lifetime, if you are young it is possible to recover from any losses however if you have just retired then mistakes like only holding a single asset could ruin your future happiness.
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S4VV4S
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November 10, 2021, 12:59:49 PM |
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I don't think anyone is missing bitcoin, but they are still ignoring it because with prices that are still not as stable as what happened a few years ago, maybe they will temporarily leave and I'm sure the miners will definitely come back with the business they have been involved in so far. considering that bitcoin is very open to its miners, therefore I don't think anyone will miss the world of Crypto at any time
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Luzin
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November 10, 2021, 01:11:50 PM |
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I don't think anyone is missing bitcoin, but they are still ignoring it because with prices that are still not as stable as what happened a few years ago, maybe they will temporarily leave and I'm sure the miners will definitely come back with the business they have been involved in so far. considering that bitcoin is very open to its miners, therefore I don't think anyone will miss the world of Crypto at any time
If I had known him from the beginning then I wouldn't have missed it. I only got to know bitcoin around 2015, if it counted it's been 6 years I missed the digital currency. The blockchain that Bitcoin carries is a pioneer of digital currencies, which I think will coexist with fiat currencies in the mass ahead. So I during 2015 never missed bitcoin in my life, Bitcoin has provided a change and it will happen for the future. So maybe people will feel a loss if he knows bitcoin not long ago.
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R |
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ShowOff
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November 10, 2021, 01:38:03 PM |
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If I had known him from the beginning then I wouldn't have missed it. I only got to know bitcoin around 2015, if it counted it's been 6 years I missed the digital currency. The blockchain that Bitcoin carries is a pioneer of digital currencies, which I think will coexist with fiat currencies in the mass ahead. So I during 2015 never missed bitcoin in my life, Bitcoin has provided a change and it will happen for the future. So maybe people will feel a loss if he knows bitcoin not long ago. Lack of courage and lack of capital is the reason most of the people who pass bitcoin without investing "including me". But should it be regrettable? I don't think so because at that time there were many investment that could actually be categorized as ponzi scheme that made many investor lose money. It's certainly not about regret but it is the beginning of why we should learn to know more about what the real hope of bitcoin's future potential is. If by 2030 the price of bitcoin reach 1 million dollar then the same story will probably repeat itself and someone will ask the community why you missed the opportunity. This does not stop because bitcoin continues to grow and develop, we always wish the technology the best.
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Shasha80
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November 10, 2021, 01:54:38 PM |
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For me I will say awareness, some youth in my Country just knows about bitcoin and its importance like 2-3 years now and even with them knowing they hesitated in investing until last year when there was a surge in Bitcoin price and everyone wished they had invested earlier
Many people miss Bitcoin because they don't know Bitcoin, just like in 2015 I already knew Bitcoin. But I just missed it, because I really don't understand Bitcoin, and most people usually won't invest in something they don't understand. What happens to some young people in your country who know Bitcoin, but they miss Bitcoin, that's because they just know it without understanding how Bitcoin works. Therefore, after the price of Bitcoin skyrocketed and became more expensive, they just regret not investing earlier. I also experienced this when entering 2016 I started to study Bitcoin and I have started to understand a little bit how Bitcoin works, from there I began to venture to invest with small capital. Then I managed to make a pretty big profit in 2017, at that time, even though I managed to make a profit, I still had regrets that I didn't invest earlier. Because all the early adopters in the crypto world have managed to become billionaires, that's what makes me sometimes regret not investing earlier.
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zaesvlas
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November 10, 2021, 01:57:33 PM |
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To be honest, I just didn’t believe it. I looked closely, assessed the possibilities, but did not think that it would turn out the way it is now.
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nur rochid
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November 10, 2021, 02:42:53 PM |
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I don't think anyone is missing bitcoin, but they are still ignoring it because with prices that are still not as stable as what happened a few years ago, maybe they will temporarily leave and I'm sure the miners will definitely come back with the business they have been involved in so far. considering that bitcoin is very open to its miners, therefore I don't think anyone will miss the world of Crypto at any time
If I had known him from the beginning then I wouldn't have missed it. I only got to know bitcoin around 2015, if it counted it's been 6 years I missed the digital currency. The blockchain that Bitcoin carries is a pioneer of digital currencies, which I think will coexist with fiat currencies in the mass ahead. So I during 2015 never missed bitcoin in my life, Bitcoin has provided a change and it will happen for the future. So maybe people will feel a loss if he knows bitcoin not long ago. of course a lot of regrets because you see the current price of bitcoin. but it all seems meaningless. Of course we have to be brave and take risks. as you have done, in 2015, of course not many people pay attention to bitcoin, because they are afraid to start, but at this time of course from their small hearts they often wish
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longlife9x
Newbie
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Activity: 3
Merit: 0
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November 10, 2021, 02:49:12 PM |
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To be honest, I just didn’t believe it. I looked closely, assessed the possibilities, but did not think that it would turn out the way it is now.
That is true. I know a young man in my country who bought about 6000 BTC when it was cheap. Now, he is a millionaire and travels around the world.
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Pejoh Asu
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November 10, 2021, 04:32:12 PM |
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Of course I regretted knowing bitcoin 8 years ago and didn't invest when the price was very cheap, at that time I was actively earning bitcoin from many faucets sites and was earning up to 0.5 btc per day, and I won't repeat the same mistake selling now, because I'm sure if hold until at least december the price will reach $100k.
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