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Author Topic: How I Missed Out of a 10 Year Bitcoin Investment Plan  (Read 1397 times)
Rengga Jati
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March 02, 2022, 11:55:02 PM
 #101

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Because at that time, who knows that Bitcoin will be as big as now?
Who knows that Bitcoin will be accepted by many more people?
And who knows that Bitcoin price will rise up as high as right now?
Additionally, $1000 at that time may value bigger than $1000 right now. The time go on. And even at that time, we may invest and in fact, the rice was going down more than at that time, what will happen? We will regret it again, won't we?
That is why there is no need to regret what has been passed in the past. Moreover with many calculation that we should get if we invest at that time, it will multiple the bigger regret.
Just use the past as the expericne and lessons. Now, the rigth chocie is what to do right now Not to calculate what should ahppen to us because of the past, but what we can do for us for our present and future

R


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March 03, 2022, 02:52:39 AM
 #102

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Because at that time, who knows that Bitcoin will be as big as now?
Who knows that Bitcoin will be accepted by many more people?
And who knows that Bitcoin price will rise up as high as right now?
Additionally, $1000 at that time may value bigger than $1000 right now. The time go on. And even at that time, we may invest and in fact, the rice was going down more than at that time, what will happen? We will regret it again, won't we?
That is why there is no need to regret what has been passed in the past. Moreover with many calculation that we should get if we invest at that time, it will multiple the bigger regret.
Just use the past as the expericne and lessons. Now, the rigth chocie is what to do right now Not to calculate what should ahppen to us because of the past, but what we can do for us for our present and future

Looking at the current bitcoin price of course i also regret it, 7 years ago or in 2013 when the bitcoin price was very cheap i made a lot of earnings from faucets, giveaways and so on, at that time i had more than 50 btc then i sold it in september for $ 110 and December skyrocketed to over $1000 so I missed out on a big profit opportunity that year.
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March 03, 2022, 03:28:21 AM
 #103

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Indeed its about trust. Having doubt if it could be a big thing in the future or if the price can really increase, people are only speculating and there's no concrete basis.

I think even some investors hold their Bitcoin for few months or years after buying at early stage, probably after seeing a major pump they already sell their Bitcoin not knowing it can increase further. So now we come to realized the wrong decision we committed for not having trust about Bitcoin.

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March 03, 2022, 02:35:30 PM
 #104

I think even some investors hold their Bitcoin for few months or years after buying at early stage, probably after seeing a major pump they already sell their Bitcoin not knowing it can increase further. So now we come to realized the wrong decision we committed for not having trust about Bitcoin.

Not always the case. I personally spoke to one who exited at $10k. That was his target, he felt sure it would go even higher (this was in 2017) but he'd held for as long as he'd planned, and exited according to plan. I don't think he looks back with any regret. It was life-changing at $10k, as I'm sure it was life-changing for others at $68k, as I'm certain it'll be life-changing for others down the line, who've held with the same beliefs.

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March 04, 2022, 06:38:19 AM
 #105

Right, anyone who doesn’t have plan will keep on doing the wrong thing. You don’t just invest in Bitcoin without having a target that you feel you’re meant to accomplish. Whenever I am investing in cryptocurrency, I always take out time to study the market and decide for how long I am going to HODL, and also how much I would like to before I sell and wait for another time to invest again.

Like you said, anyone who doesn’t know their plans for investing would either keep holding and not be satisfied or they will end up selling at the wrong time. So in everything that we are doing, it is required that we always make good plans to guide us to the right outcome.
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March 04, 2022, 01:44:00 PM
 #106

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Indeed its about trust. Having doubt if it could be a big thing in the future or if the price can really increase, people are only speculating and there's no concrete basis.

I think even some investors hold their Bitcoin for few months or years after buying at early stage, probably after seeing a major pump they already sell their Bitcoin not knowing it can increase further. So now we come to realized the wrong decision we committed for not having trust about Bitcoin.
Yeah you are right, trust is the thing. But another thing is this: even if you should find a project that you can trust (based on the fact that it is legit) does that mean the project is going to be successful? That you can trust a project doesn’t mean that it is going to be successful in the future. That’s why you would see some good assets today and you feel that they will succeed, but at the end that’s not the case.

And you can’t even predict success and when it may happen. That’s why investment is all about risk, and you have to understand that; knowing that not every investment you make is going to be a success. But always take the risk.

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March 06, 2022, 01:55:58 AM
 #107

I think even some investors hold their Bitcoin for few months or years after buying at early stage, probably after seeing a major pump they already sell their Bitcoin not knowing it can increase further. So now we come to realized the wrong decision we committed for not having trust about Bitcoin.

Not always the case. I personally spoke to one who exited at $10k. That was his target, he felt sure it would go even higher (this was in 2017) but he'd held for as long as he'd planned, and exited according to plan. I don't think he looks back with any regret. It was life-changing at $10k, as I'm sure it was life-changing for others at $68k, as I'm certain it'll be life-changing for others down the line, who've held with the same beliefs.

Yeah, I think there should be no regrets who those who have some price in mind before they exit.

Maybe the issue is for those who exited early without any plans, just buy the hype before and then when the price goes down and s*t, they panic and hurriedly push the sell button.

And those are the same people who are now regretting it, even going to social media to rant about their stupidity. But who knows, no one see bitcoin going into 5 digits or even 6 digits in the future.

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March 06, 2022, 03:39:07 AM
 #108

No doubt, bitcoin got massive pump in the last few years. The age of bitcoin currency is not so old. But, it gain so much popularity in a short period of time. It surprise me how a currency that have only 1$ price then pumps upto All time high record of 68000$ in the few years. If a person have invested only 100$ in bitcoin at price of 1$. Now its investment is in billions, if he have still this investment. 

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March 06, 2022, 03:51:52 AM
 #109

No doubt, bitcoin got massive pump in the last few years. The age of bitcoin currency is not so old. But, it gain so much popularity in a short period of time. It surprise me how a currency that have only 1$ price then pumps upto All time high record of 68000$ in the few years. If a person have invested only 100$ in bitcoin at price of 1$. Now its investment is in billions, if he have still this investment. 

Millions, not billions Smiley

68,000 * 100 = $6,800,000

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March 06, 2022, 04:28:45 AM
 #110

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Because at that time, who knows that Bitcoin will be as big as now?
Who knows that Bitcoin will be accepted by many more people?
And who knows that Bitcoin price will rise up as high as right now?
Additionally, $1000 at that time may value bigger than $1000 right now. The time go on. And even at that time, we may invest and in fact, the rice was going down more than at that time, what will happen? We will regret it again, won't we?
That is why there is no need to regret what has been passed in the past. Moreover with many calculation that we should get if we invest at that time, it will multiple the bigger regret.
Just use the past as the expericne and lessons. Now, the rigth chocie is what to do right now Not to calculate what should ahppen to us because of the past, but what we can do for us for our present and future

Looking at the current bitcoin price of course i also regret it, 7 years ago or in 2013 when the bitcoin price was very cheap i made a lot of earnings from faucets, giveaways and so on, at that time i had more than 50 btc then i sold it in september for $ 110 and December skyrocketed to over $1000 so I missed out on a big profit opportunity that year.
Not just you and us, I think a lot of people will regret looking at the current bitcoin price. After all, BTC in 2012-2017 was really cheap but the risk of bitcoin at that time was very high, and I think there will be few people who venture to invest and hold them for now.
But nowadays is the best time we invest because bitcoin now I think its much safer. Countries, companies, corporations have accepted and invested in bitcoin. To not regret in the future again, buy bitcoin now.

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March 06, 2022, 04:50:54 AM
 #111

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Because at that time, who knows that Bitcoin will be as big as now?
Who knows that Bitcoin will be accepted by many more people?
And who knows that Bitcoin price will rise up as high as right now?
Additionally, $1000 at that time may value bigger than $1000 right now. The time go on. And even at that time, we may invest and in fact, the rice was going down more than at that time, what will happen? We will regret it again, won't we?
That is why there is no need to regret what has been passed in the past. Moreover with many calculation that we should get if we invest at that time, it will multiple the bigger regret.
Just use the past as the expericne and lessons. Now, the rigth chocie is what to do right now Not to calculate what should ahppen to us because of the past, but what we can do for us for our present and future

Well everyone here has regrets about their past bitcoin investment decisions. No doubt about that. Everyone laughs at the pizza guy who could have been a multimillionaire if he didnt trade his coins for a pizza but to be honest, I sold my bitcoin back then to buy a nice new camera. Which would be work 400k in todays money. Makes me a bit sad thinking about it but back then I did not really understand Bitcoin and had no idea it would go from 90 bucks to 60k. Roll Eyes

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March 06, 2022, 09:40:36 AM
 #112

Well everyone here has regrets about their past bitcoin investment decisions. No doubt about that. Everyone laughs at the pizza guy who could have been a multimillionaire if he didnt trade his coins for a pizza but to be honest, I sold my bitcoin back then to buy a nice new camera. Which would be work 400k in todays money. Makes me a bit sad thinking about it but back then I did not really understand Bitcoin and had no idea it would go from 90 bucks to 60k. Roll Eyes

You are not the only one, many missed the chance to make a big profit, and not only because they sold bitcoin early, but also, for example, ether. It's inevitable because I think a lot of people in those days were selling a lot of bitcoin at a very low price. I wanted to believe that bitcoin would rise in price over time, but then it was really hard to believe that it would cost 60k. Perhaps in 5 years someone will regret that they sold their bitcoins at 60k, because the price will be much higher.

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March 06, 2022, 01:03:42 PM
 #113

Many regret always happen in this world, many people also regret why not investing in Bitcoin when the price was very low and undervalue?
The answer is:
the trust.
Because at that time, who knows that Bitcoin will be as big as now?
Who knows that Bitcoin will be accepted by many more people?
And who knows that Bitcoin price will rise up as high as right now?
Additionally, $1000 at that time may value bigger than $1000 right now. The time go on. And even at that time, we may invest and in fact, the rice was going down more than at that time, what will happen? We will regret it again, won't we?
That is why there is no need to regret what has been passed in the past. Moreover with many calculation that we should get if we invest at that time, it will multiple the bigger regret.
Just use the past as the expericne and lessons. Now, the rigth chocie is what to do right now Not to calculate what should ahppen to us because of the past, but what we can do for us for our present and future

Well everyone here has regrets about their past bitcoin investment decisions. No doubt about that. Everyone laughs at the pizza guy who could have been a multimillionaire if he didnt trade his coins for a pizza but to be honest, I sold my bitcoin back then to buy a nice new camera. Which would be work 400k in todays money. Makes me a bit sad thinking about it but back then I did not really understand Bitcoin and had no idea it would go from 90 bucks to 60k. Roll Eyes

Yeah, even before bitcoin was worth $600, I was giggling at the thought of someone purchasing a pizza with bitcoin, but at the time, it seemed incredible because no one could ever do something like that, and you couldn't imagine purchasing something with digital currency. I believe this is the reason why bitcoin's price has skyrocketed, as well as the reason for the current price. I believe that the majority of us were here about 5 years ago and have regrets because if we had held on to it until now, I could say that I am a millionaire right now, but we should not make the same mistake again.
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March 06, 2022, 08:02:53 PM
 #114

Well everyone here has regrets about their past bitcoin investment decisions. No doubt about that. Everyone laughs at the pizza guy who could have been a multimillionaire if he didnt trade his coins for a pizza but to be honest, I sold my bitcoin back then to buy a nice new camera. Which would be work 400k in todays money. Makes me a bit sad thinking about it but back then I did not really understand Bitcoin and had no idea it would go from 90 bucks to 60k. Roll Eyes

You are not the only one, many missed the chance to make a big profit, and not only because they sold bitcoin early, but also, for example, ether. It's inevitable because I think a lot of people in those days were selling a lot of bitcoin at a very low price. I wanted to believe that bitcoin would rise in price over time, but then it was really hard to believe that it would cost 60k. Perhaps in 5 years someone will regret that they sold their bitcoins at 60k, because the price will be much higher.
  I was definitely one of them. I was always skeptical about bitcoin believing that its price would not go this far. So i have missed a lot of chances to hold my bitcoin, instead i converted them to fiat before but that time i was also badly needing a good amount of money so i guess that also helps. Yes, i may had a small regret but i guess it won't help at all. Now i'm starting to become optimistic to regain my bitcoin so i always see to it that i won't miss any chance again and definitely take advantage every time a new opportunity comes.

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March 06, 2022, 10:04:39 PM
 #115

I was slightly convinced and somehow developing interest. But the whole idea of investing in an unknown virtual asset on the premise that it will gain 10,000% increase over the 10 years was completely a bad joke for me. I wanted to risk $1,500 but he was looking for $50,000 or nothing. The share formula was 30/70
If I were you, at that time, I would also think the same probably, wouldn't risk that very much money to invest in something that is digital, not real, moreover sometimes that is very new for me/ This is a high risk of course. If that was about $1500, it might be fine, but it was $50k. Wow, absolutely would think multiple times because this was very big money.
We don't know at that time whether the BTC price will be exactly increasing or not, rght?

But the time goes by, yes, the regret may be there. But, we can still have a choice And your choice to hold BTC for the next five years is a good idea. Actually I also have the similar plan, holding in 5 years period as playing iwth bearish and bullish era.
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March 07, 2022, 02:14:18 PM
 #116

Quote
No doubt, bitcoin got massive pump in the last few years. The age of bitcoin currency is not so old. But, it gain so much popularity in a short period of time. It surprise me how a currency that have only 1$ price then pumps upto All time high record of 68000$ in the few years. If a person have invested only 100$ in bitcoin at price of 1$. Now its investment is in billions, if he have still this investment. 

Bitcoin is still gaining more popularity in the world in the areas of eliminating errors from the world economy and improving employment in the community. Those that invested on bitcoin when the price was $0.08 some years ago in the community are now billionaires because they discovered that bitcoin has a greater future that made them to invested such amount of money on bitcoin some years ago. Investors that invested $100k on bitcoin in the month of October 2013 when the price was $204k are now millionaires in their investment because they believe that bitcoin price will get to $40k.

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March 07, 2022, 05:23:52 PM
 #117

It is inconceivable if you accept the offer of $50k and get 50,000 btc, of course you will not write the story here, you will enjoy the holidays and can buy many things, all you do is check the price and then sell it to fulfill your pleasure, this story gives the picture that we have to buy bitcoin now then hold it for another 10 years and I believe the price of 1 bitcoin will reach $ 1 million.

You're right but the problem now is that the entry level has become too high. It takes massive amount of money to own few Bitcoins that'll be capable of making you a millionaire if and when Bitcoin hits $1million. Unlike then when few hundreds of USD were just enough.
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March 08, 2022, 09:00:33 PM
 #118

Quote
No doubt, bitcoin got massive pump in the last few years. The age of bitcoin currency is not so old. But, it gain so much popularity in a short period of time. It surprise me how a currency that have only 1$ price then pumps upto All time high record of 68000$ in the few years. If a person have invested only 100$ in bitcoin at price of 1$. Now its investment is in billions, if he have still this investment. 

Bitcoin is still gaining more popularity in the world in the areas of eliminating errors from the world economy and improving employment in the community. Those that invested on bitcoin when the price was $0.08 some years ago in the community are now billionaires because they discovered that bitcoin has a greater future that made them to invested such amount of money on bitcoin some years ago. Investors that invested $100k on bitcoin in the month of October 2013 when the price was $204k are now millionaires in their investment because they believe that bitcoin price will get to $40k.

That big faith of them will certainly bring those investors into fortune and will acquire billions of wealth if they can keep bitcoin within 10 years from its investment. But i guess few of those investors can really do that as most of us never believed in the potentials of bitcoin 10 years ago. Some may believe, yes, but they never take the risk to invest so its still a missed opportunity. It takes a strong hands in crypto to become more persistent and does not lose the faith and patience within 10 years due to its high volatility. Otherwise, most of all have failed and have turned to other investments because they are less risky compared to bitcoin.
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March 10, 2022, 10:37:05 AM
 #119

if you are still working, prioritize still working and put aside to go out and focus on investing in bitcoin, because after all, work is still a mainstay for the future. There is no need to regret the past because there will still be a future with bitcoin all the time.

the investment that will be made in bitcoin is always good and true what you say that the future will continue to grow for bitcoin, why do I say that because the principle of bitcoin is that it will always increase during the halving period, where there will be a reduction in the number of bitcoins which will result in an increase in price .
so there will always be an increase in the future of bitcoin and it cannot be avoided, even though it is currently undergoing a correction and it is certain that there will be renewable ATH in the future.

the principle is don't hesitate to invest in bitcoin, it is certain that in the future it will increase, 5 years, the next 10 years will happen so on, just need patience to wait for it.

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March 10, 2022, 09:34:32 PM
 #120

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No doubt, bitcoin got massive pump in the last few years. The age of bitcoin currency is not so old. But, it gain so much popularity in a short period of time. It surprise me how a currency that have only 1$ price then pumps upto All time high record of 68000$ in the few years. If a person have invested only 100$ in bitcoin at price of 1$. Now its investment is in billions, if he have still this investment. 

Bitcoin is still gaining more popularity in the world in the areas of eliminating errors from the world economy and improving employment in the community. Those that invested on bitcoin when the price was $0.08 some years ago in the community are now billionaires because they discovered that bitcoin has a greater future that made them to invested such amount of money on bitcoin some years ago. Investors that invested $100k on bitcoin in the month of October 2013 when the price was $204k are now millionaires in their investment because they believe that bitcoin price will get to $40k.

That big faith of them will certainly bring those investors into fortune and will acquire billions of wealth if they can keep bitcoin within 10 years from its investment. But i guess few of those investors can really do that as most of us never believed in the potentials of bitcoin 10 years ago. Some may believe, yes, but they never take the risk to invest so its still a missed opportunity. It takes a strong hands in crypto to become more persistent and does not lose the faith and patience within 10 years due to its high volatility. Otherwise, most of all have failed and have turned to other investments because they are less risky compared to bitcoin.
Most of the early investors in bitcoin gained very huge profits because they have strong faith in bitcoin and so they hold them for years and never doubted it. But that is already rare to happen these days as most of the early investors are more on greed and profit making. 10 years of hodling bitcoin is very long enough and no one can sustain it just by holding bitcoin. And besides, no one will expect that bitcoin will grow that much so everyone missed the opportunity to invest.  But let's not dwell on missed opportunities so much but lets focus on the present so that the mistake we did before will not happen again. Invest now because 10 years from now, bitcoin will definitely  be a very huge and expensive investment by then.

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