How I Missed Out of a 10 Year Bitcoin Investment Plan

[molsewid]

I think even those who believed in the technology themselves didn't imagine that the price of 1 BTC would reach more than $60,000 someday, or else they wouldn't have sold. They would have accumulated more instead. Even Hal himself who thought that Bitcoin could reach as high as $10 million converted a lot of BTC during his lifetime. Perhaps they considered the possibility of Bitcoin becoming very expensive as remote, so much so that they didn't think twice of selling when Bitcoin was as cheap as a hundred dollars.

I think no one knows or no one are expecting way back then that bitcoin market value will going to soar high like the current price. Every one has their own kind of story of regret that they did not able to catch up bitcoin at the time that it was affordable by many but in the case of OP I think if I am in his place way back that time I will be having a second thought also even let's say I am a professional trader of stocks and knowledgeable enough about trading, aside from the huge amount of investment which a bit sound shady if we will be in that place while we listen to him, crypto platform was just new that time.

[kotajikikox]

What amazed me about this thread is that the complete and detailed even the Minutes to be specific thinking that this happens 10 years past , your memory is completely remembered all of those and yes i might say you are very smart that missed the chance making this market your Billion dollar chance.

But i must agreed in the first post/reply here that 50,000 does not mean 50,000 bitcoin also , because I'm afraid that 1$=1BTC is the ratio of legit investing , scam might be in place if you dare to try .

[kanayaTabitha]

There are a lot of story out there about people who missed their chance to become bitcoin billionaire because they ever have a chance to buy bitcoin in 2009.
But i think almost there are no bitcoin billionaires by plan exist. If they really invest on bitcoin when the price is 0.1$ i'm really sure they will sell at 1$ or 10$. because they already made hundred times return and most investors will sell their investment with that return.

My current plan is hold some good fundamental coins like ETH, BNB, ADA, and SOL. Currently on 50-100% profits of each coin, i don't think it will do a 100x-1000x times price growth in the future but i'm fine with 10x times growth if the market keep doing the uptrend every year.

[Dripstoil]

My current plan is hold some good fundamental coins like ETH, BNB, ADA, and SOL. Currently on 50-100% profits of each coin, i don't think it will do a 100x-1000x times price growth in the future but i'm fine with 10x times growth if the market keep doing the uptrend every year.

BNB is a coin I need to pay much attention to. From the way it's going, it may probably take over from ETH very soon as the number two coin. Right now, I don't have any BNB but I'm thinking seriously about buying some as soon as money comes into my hands. You've made a great choice with the coins.

What amazed me about this thread is that the complete and detailed even the Minutes to be specific thinking that this happens 10 years past , your memory is completely remembered all of those and yes i might say you are very smart that missed the chance making this market your Billion dollar chance.

But i must agreed in the first post/reply here that 50,000 does not mean 50,000 bitcoin also , because I'm afraid that 1$=1BTC is the ratio of legit investing , scam might be in place if you dare to try .

The event was so memorable that there's nowhere I could forget some of the details. Probably because I'll never know if I made the right or wrong decision.

[19Nov16]

Everyone regrets not investing when bitcoin is cheap, I also regret having around 20 btc in 2015 and at that time I sold it cheap at $240, if i hold at least half or 10 btc then i can buy a new sports car that I want

[Maidak]

Everyone regrets not investing when bitcoin is cheap, I also regret having around 20 btc in 2015 and at that time I sold it cheap at $240, if i hold at least half or 10 btc then i can buy a new sports car that I want

It is unreasonable to feel remorse for something over which you have no control. Even if you want to, you can't go back to the past to re-invest in Bitcoin. On the other hand, the journey of Bitcoin does not end here, don't do anything at present that you have to regret in the future. Now is the perfect time to invest in Bitcoin, hopefully by the end of the year the price of Bitcoin will reach $100k.

[CryptocurencyKing]

It's always unfortunate and a sad story to see those who were informed and had the capacity to get on the fun train while it was still slow and for some reasons fail to jump on it. Though, I encourage that these stories should be told so that, other persons can learn from it. That's the most important thing about failed attempts and stories such as these. It's not just for the individual alone although, the individual owes his or her self the duty of not having same occurances and then to others, not to get stinged by the same bee.
One thing I know for sure is that, there are a lot others that would still come a few years from now and tell stories of how there fears just couldn't let them get a head start. Buy bitcoin when you can and hodl as long as you can. This is no investment advice anyway.

[Emitdama]

Everyone regrets not investing when bitcoin is cheap, I also regret having around 20 btc in 2015 and at that time I sold it cheap at $240, if i hold at least half or 10 btc then i can buy a new sports car that I want

Even if you buy a car now, you will regret for your decision of spending your bitcoins by 2025 or 2029. I mean there will be no end point for such kind of regrets because bitcoin will keep on increasing and everyone who decides not holding it definitely will regret one day or other. So, what we should do to avoid such kind of regrets?

I believe there will be no concrete answer for this because everyone into experimental phase with bitcoin investments hence we could not conclude when to exit.

[dezoel]

If only you knew you would have invested the  $1,500 that you had with you by yourself in cryptocurrency. It’s not a must that you needed anybody to invest in cryptocurrency, and I’m sure by now you must have known that, that this is something that you can do for yourself and not rely on anyone at all. This was a mistake that I know a lot of people made; they thought that bitcoin was a company or that they had to invest through someone.

When it comes to cryptocurrency, everyone manages their funds for themselves, and you don’t need anyone at all to do it for you. So, going by the $1,500 you have said that you had then, it would have gotten you 1500 units, and that 1500 units at this current price of $66,000 would be worth 99 million dollars. Even at that $10,000 you said it was around February 2020 you would have $15,000,000 [fifteen million dollars]. You might not have been a billionaire, but you would be a millionaire which is quite good from just investing a $1,500.

[matjas]

Most of us here has a story or two to tell on how we nearly became millionaires Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement.

[buwaytress]

Circa 2013 for me. Was a journalist and told to cover the Silk Road goings on. Did, even made a wallet and got some faucet stash to try it out (research, you know) but neglected to look deeper. My excuse was a painful experience with e-gold about a decade earlier, just saw this as yet another p2p currency that would inevitably get knocked over by the US government.

Would be 8 years into it by now had I dug deeper. But no regrets. 2016 became my entry point and my 5-year plan isn't the worst thing to admire =)

[cheezcarls]

Until now, it still haunts me that I didn’t know BTC several years ago. I only knew BTC sometime in the Q1 of 2014, and I think the price was like somewhere between $500 to $600. I was an unstable low income earner back then averaging only $200 to $300 a month, in which I can’t afford to buy 1 BTC (and had no idea that I could buy fractions of it known as satoshis). I simply created a Bitcointalk forum account, Blockchain and Coins.PH wallet, and that’s it. I fully ignored it until I came back in the mid-2017 and the rest is history.

Man I wish the Time Stone really exists lol.

[sirminesalot]

Most of us here has a story or two to tell on how we nearly became millionaires Everyone seems to be so close to that one trade, which would make them rich but always miss is by a fraction. I still think we are early if you look at the next 10 years and there are still lots of chances to at least earn decent profit for our retirement.

The price is that high now is because there are a lot of people missed the chance to the things is become rare, if everyones buy bitcoin at that time the price must be higher at that time too.
We were not buying because we don't think bitcoin will be so much valueable in the future, to make another chance means we have to find a coin that looks doubtfull and not valuable just like we saw bitcoin at the past, Buy those coins and wait for best luck in the future

[Kelvinid]

Until now, it still haunts me that I didn’t know BTC several years ago. I only knew BTC sometime in the Q1 of 2014, and I think the price was like somewhere between $500 to $600. I was an unstable low income earner back then averaging only $200 to $300 a month, in which I can’t afford to buy 1 BTC (and had no idea that I could buy fractions of it known as satoshis). I simply created a Bitcointalk forum account, Blockchain and Coins.PH wallet, and that’s it. I fully ignored it until I came back in the mid-2017 and the rest is history.

I think we all are wishing that we know 5 years, 10 years ago, or at the moment that Bitcoin become available in the market. But too unfortunate and I think we have to accept that not all the time we're in perfect timing, not all the time that the opportunity is really for us. because if that is only possible, I think we are millionaires, a billionaire, or even more than that.

We miss those days and so the cheap prices but at least, we don't lose everything as we still have the chance to take the opportunity. Might be late, but never been said we are too late.

[sherenikaw]

people who have previously joined the crypto world or first got to know bitcoin must have felt the benefits now. If time could be turned back then I wish I could get to know bitcoin earlier and invest it. but we can't continue to regret it, investing in bitcoin today is no worse, we can invest bitcoin at any time as long as we can manage it well. so from now on it will be better if we invest bitcoin well with the hope that in the future the bitcoin price will be higher and continue to rise.

[Dripstoil]

people who have previously joined the crypto world or first got to know bitcoin must have felt the benefits now. If time could be turned back then I wish I could get to know bitcoin earlier and invest it. but we can't continue to regret it, investing in bitcoin today is no worse, we can invest bitcoin at any time as long as we can manage it well. so from now on it will be better if we invest bitcoin well with the hope that in the future the bitcoin price will be higher and continue to rise.

I personally know, at least, 10 people who became millionaires from scratch through their early investments in Bitcoin. That's more the reason I feel like I really lost a golden opportunity. Two things prevented me from invest the $1,500. 1. I had zero knowledge about Bitcoin back then. 2. I didn't want to go from behind, having just rejected an Investment proposal.

[haasanjui]

In 2009, I was 7 years old. I was a child. I not had any knowledge about crypto currency.  And I not had any smart phone or internet. That's reason I missed to mine or invest  Bitcoin.

[Ultegra134]

Don't stress yourself too much, quite a few of us have been in a similar position. I don't recall entering the Bitcoin scene in 2011, however, it was probably 2013 at most. I was a teenager back then, hoarding BTC from faucets, I had asked my parents to lend me $500 to buy Bitcoin, I don't remember its value back then, if I am not mistaken, it was approximately $200. They refused, however, while in the meantime, I spent most of the BTC I had acquired back then, buying Minecraft accounts and other digital stuff.

Supposing I had invested those $500, which would set me back with approximately 2 Bitcoins, now I'd have a decent sum of money for myself and my family. Even if I'd held that small amount of BTC I had acquired, it would still be worth a few thousand dollars at least.

Don't be harsh on yourself, be on the lookout for new opportunities in the future, learning from past mistakes.

[virasog]

I think even those who believed in the technology themselves didn't imagine that the price of 1 BTC would reach more than $60,000 someday, or else they wouldn't have sold. They would have accumulated more instead. Even Hal himself who thought that Bitcoin could reach as high as $10 million converted a lot of BTC during his lifetime. Perhaps they considered the possibility of Bitcoin becoming very expensive as remote, so much so that they didn't think twice of selling when Bitcoin was as cheap as a hundred dollars.

I think no one knows or no one are expecting way back then that bitcoin market value will going to soar high like the current price. Every one has their own kind of story of regret that they did not able to catch up bitcoin at the time that it was affordable by many but in the case of OP I think if I am in his place way back that time I will be having a second thought also even let's say I am a professional trader of stocks and knowledgeable enough about trading, aside from the huge amount of investment which a bit sound shady if we will be in that place while we listen to him, crypto platform was just new that time.

Actually we do not know how high the Bitcoin prices can go and therefore we miss out on the opportunity. There are some people who do not invest in Bitcoin thinking it's too high in value and there are others who invest in bitcoin but sale too early and miss out on high gains. Both of these type of people will regret in future.

[michellee]

Everybody who heard of bitcoin in the past but had not joined was regret why they did not join bitcoin and bought many bitcoin at that time. It is normal to see that as many times we underestimate something that we do not know with details and tend to abandon it until we hear or see by ourselves how worth that thing is today or in the future. In 2011, I could buy bitcoin if I want but unfortunately, I left it without thinking about having an investment by risking some money to hold and forget it.

But I did not do that and was still busy searching for the other way to make money. That is a life lesson that many people missed in the past but we still have time to try to have more bitcoin in many ways. We should not let the chance leave us again before it is too late for us to take a seat in the bitcoin world.