Frankolala
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November 26, 2022, 12:23:57 PM |
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This is true OP but back then in 2015, people didn't believe that bitcoin will survive till now while some persons didn't even have the knowledge or awareness of Bitcoin. As for those that invested then,they would have made much profit selling last year if they could hold till then.
Fifty percent of the world can't do the same thing at the same year and succeed i.e if 50% bought way back 2015 majority of them would have sold their bitcoin holdings before this year. Similarly, it is not all those that invested in bitcoin then were able to keep their coins till now some sold out of panic of the bear market and some sold based on excitement of the bull market,it takes only the bitcoin lovers to hold their investment. Making profit in bitcoin does not depend on the the time you first bought Bitcoin.
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Taskford
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November 26, 2022, 12:34:58 PM |
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I think about a great opportunity people had miss when Bitcoin was still in a lower price, imagine how many people Bitcoin would have made a millionaire, though by then most people were a bit skeptical about the growth of Bitcoin, if it has a good potential or save to invest.
If people had known Bitcoin will surge this way almost fifty or more percent of world population would have become a millionaire.
I love research, please share you knowledge.
We are all there in that situation but could you trust things you don't know before? Maybe right now you can say that it can change the lives of the people because you are just counting the chicks while the eggs didn't hatch yet. But reality by that time no people would dare to invest because their doubts is valid since bitcoin is unknown at that time, since right now bitcoin is so successful then maybe its time for us who know about it take some action since maybe if we get lucky and bitcoin will still boom then possibly it can really change our lives for long period of time because opportunity is unlimited compare on outside world where traditional work gives us huge boundaries in terms of salary and positions.
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franky1
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November 27, 2022, 01:30:13 AM |
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some people think everyone sells when there is a ATH
but here is the thing. the reason an ATH stops going higher is there are no longer buyers willing to buy. meaning there is a lack of trading happening at the top
most escapers sell at a more reasonable amount of 75%ile range of a ATH, either too early on the run up or on the correction down
so lets assume this for a moment
2015 @$400 for 1 btc turns into a sell in 2017 @75% of $20k ATH=$15k turns into a buy 2018 $5.6k plateau = 2.67857142btc turns into a sell at 2021 @75% of 70k($52500/btc)= $140,625
so from $400 to $140k in 7 years without going to the extremes of timing the exact tops and bottoms
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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wxa7115
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November 27, 2022, 06:19:28 AM |
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I think about a great opportunity people had miss when Bitcoin was still in a lower price, imagine how many people Bitcoin would have made a millionaire, though by then most people were a bit skeptical about the growth of Bitcoin, if it has a good potential or save to invest.
If people had known Bitcoin will surge this way almost fifty or more percent of world population would have become a millionaire.
I love research, please share you knowledge.
There is no need to imagine anything as things would not have happened that way, if so many people had invested in bitcoin so early then the price would have gone up way faster than the rate at which the price of bitcoin actually grew. Also you are making the assumption that people would have bought at a low price and then still hold to these days, and this is not true, there are probably a lot of people which bought at the time and still lost money, and finally you talk about the great opportunity people missed by not buying bitcoin cheap, but buying bitcoin now still offers a massive opportunity for those which have enough capital and patience to hold their coins for a long period of time.
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Darker45
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November 27, 2022, 07:24:36 AM |
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Well, that didn't happen, though. The price of Bitcoin went up, but then people started selling instead of HODLing. So instead of the price continuously going up, it went into a correction.
But it could still happen in the future. We only have to take cognizance of the fact that there are at least 8 billion people in the world and there are only more than 19 million Bitcoin in existence right now. You could even deduct a million or two from it because of those lost or forgotten coins. The point is that there's actually not enough Bitcoin for everybody.
If only people realize how precious it actually is and keep their coins, or even acquire more, instead of selling them, it could actually shoot to a million.
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hZti
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November 27, 2022, 08:05:36 AM |
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Bitcoin would not work if people invest all at the same time. We need steady new investments and also people should not invest everything at once. With that there is steady growth and also people that invest now will benefit in a few years.
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Maidak
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November 27, 2022, 09:35:41 AM |
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You don't have to regret missing out on bitcoin in 2015, as I can assure you, you wouldn't be brave enough to buy bitcoin if you knew bitcoin at the time. Simply because you know the result today you feel regret but if you don't know then you will never buy it. Currently, investing in bitcoin is still considered very early because many people think that bitcoin can still hit the $1 million mark in the future. If you really regret missing your chance in 2015, you can correct your mistake now.
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bitbollo
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November 27, 2022, 09:43:10 AM |
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every time we experience these crypto winters we should mainly remember that bitcoin was created to be a currency. So it must be spent at a certain point, it should be managed carefully, but it must be used precisely because it can be used to create value not only in a passive way (even if hodl it sure pays off, and isn't like hodl FIAT currency). I think that the lesson is to use actively, likewise to make investments, create the economy etc etc. If everyone hodl, the main feature of a coin would be missing. Ok we would have a "scarce" monetary supply, but if you can't use it to pay/spend/exchange, and you have difficulty finding it on the market, it would have practically no advantage, no real usage.
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Mahibtc
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November 27, 2022, 10:00:06 AM |
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May the half of the worlds population became the millionaire if they ever know the value of the bitcoin in 2015 and investing in the bitcoin.
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danadc
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November 27, 2022, 04:36:11 PM |
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I don't like to get stories about what I should have done and I didn't even know, I discovered bitcoin very late and it's something I didn't want, I didn't even have the resources to have acquired it, at that time I didn't have a computer or internet, in my country at that My age was thinking about other things, I was 16 years old, so my thoughts were not to have money but to study, I did not have an education that taught about economics or something similar, those things need to be taught to children from the time they are little so that they know What world do they have to face and be able to move towards a more developed world with more developed beings.
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Ale88
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November 27, 2022, 05:23:50 PM |
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I think about a great opportunity people had miss when Bitcoin was still in a lower price, imagine how many people Bitcoin would have made a millionaire, though by then most people were a bit skeptical about the growth of Bitcoin, if it has a good potential or save to invest. People miss opportunities all the time, all of us on this forum as well. It's to say years later "I should have bought that thing", but it's also pointless, there is nothing you can do about it. The people who should maybe feel a little bad about the missed opportunity are those who somehow knew about bitcoin but for reason decided it wasn't worth the risk. In that case probably the regret would be pretty big.
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Mr.right85
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November 27, 2022, 05:49:22 PM |
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If people had known Bitcoin will surge this way almost fifty or more percent of world population would have become a millionaire.
You might as well imagine what opportunity might be missed in the next decade. It took over a decade and 2years for we to arrive at the price we've got today and it would certainly be better than we have it now in a few years which would define the opportunity that must have been missed this day. It's the course of life, gained and missed opportunities. The excuses of yesterday won't be the excuses of today. There would be others generational excuses to replace those of previous years. Also, cryptocurrency doesn't make anyone millionaires but identifying opportunities and utilising it would.
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romero121
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November 27, 2022, 10:37:44 PM |
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I think about a great opportunity people had miss when Bitcoin was still in a lower price, imagine how many people Bitcoin would have made a millionaire, though by then most people were a bit skeptical about the growth of Bitcoin, if it has a good potential or save to invest. People miss opportunities all the time, all of us on this forum as well. It's to say years later "I should have bought that thing", but it's also pointless, there is nothing you can do about it. The people who should maybe feel a little bad about the missed opportunity are those who somehow knew about bitcoin but for reason decided it wasn't worth the risk. In that case probably the regret would be pretty big. Opportunity missed is missed. Thinking it now doesn't make sense. Now the focus should be upon the current market and the thinking should be, how to make the best. The market is completely over the demand to supply mechanism. So, a huge buying over the year 2015 could've made it have a much higher demand. This demand could've made the market to the top instantly or should've experienced a downfall at the shortest.
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