The mistake I made some years ago

[dansus021]

hahaha believe me dude your mistake can be a lesson for everyone. and you are not alone here I bet there is dozen of people who like you and I have same mistake Im totally sell of my bitcoin even bitcoin not reach 1000$ around 500-600$ and i have almost 5 BTC in total  and not touching crypto for 4+ years and Im back in 2020 and broke but hey Never losing a hope right, and Never Try Never Know Right 

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[8rch7]

Bigger mistake I made when selling Bitcoin under $10,000 and ever cut loss when investing in Doge coins, I don't remember with how many time mistake made in cryptocurrency due early for selling cryptocurrency assets and some time most loyal become diamond hands by holding for longer time until my portfolio drop drastically.

I think if you less risk with many mistake later, make good management with your altcoin assets, don't worry when have to cut loss and make percentage with altcoin assets increase dump under 20% for cut loss. Use the same method when Bitcoin or altcoin assets holding increasing up above 20% for selling without become long term holding.

[xSkylarx]

I was scammed also before by those pyramiding schemes, as I was just starting out and not aware of them. I think most of us went through with it or tried it out out of curiosity, but again, I learned a moral lesson from it, so we shouldn't be trying it again.
 
Also regarding the bitcoin that was left you are lucky that you remember it also it was huge amount . I also can relate to this but in a exchange (bittrex) i forgot my bitcoin i think last 2018 it is not huge but it help us buying needs since i sold it immediately 

[Ahli38]

I seem to have pretty much the same experience with ponzi schemes. because I used to get caught up in ponzi projects and the like. even i have many donwline. But I didn't use bitcoin to invest in a ponzi scheme and I still remember that time we used TRX and Doge. I used to have quite a lot of trx and doge coins. and at that time the price was really cheap. but unfortunately I have sold them all. but what's funny is that at that time I didn't really study cryptocurrencies at all. I only play ponzi investing and because the investment uses trx and doge coins. so i bought and used it without digging deep into bitcoin and others. But the lesson I learned at that time was never to approach that kind of thing (ponzi scheme) again. because I also experienced bankruptcy because of that. And after going bankrupt, I realized and got deeper into bitcoin and cryptocurrencies. and how to build a good investment from scratch again.

now I just want to focus on raising money and investing for the long term in bitcoin. and I also trade and invest short and medium term in altcoins.because indeed the bearish market is now feasible to be used to re-accumulate bitcoins.

[CryptoBuds]

There are a ton of people in your position that experience the same emotions whenever they reflect back on how early and "unserious" they took bitcoin about 6 or 7 years ago.
In my opinion, it's still early and anyone who doesn't hodl might have the biggest regrets of their lives. Just invest and hodl month in and month out. In another 7 years, the narrative will have changed.

At that time, bitcoin was nothing, and no one cared about it, so we didn't trust it and sold it is normal, with no regrets. But in the present, when we are still in its infancy and already know the potential of bitcoin, it would be a mistake if we do not invest now but only regret the past. I also believe that if we invest in bitcoin now and hold for 7-10 years, we will also get what we missed 7 years ago. For me at this stage, it is still called too early to invest.

[LittleBitFunny]

As a newbie in crypto, if you are not properly guided in it, there's a very tendency for you to fall victim to scams as a newbie. Sadly, you lost your bitcoin in such a manner. Nevertheless, as you are already aware of what the future of bitcoin can be if you choose to hodl it for years, that means you have learned that an investment made in bitcoin today can give you many profits in the future.

Actually, the bear mistake is the best time to fill your portfolio with bitcoin if you have a long-term investment plan on bitcoin.

If you joined the cryptocurrency market in 2014, it could be said that whether it is a new or old investor, most will invest in those Ponzi projects. Because it was the only model to make money at that time, we did not have ICO, DEFI, NFT, or P2E ...,it can be said that there will be no choice to make a profit if you do not invest in Ponzi.

I think OP or anyone should not regret it because no one can know what will happen in the future. If OP regrets what he has lost, my regret will be hundreds of times larger than him when the number of Bitcoins I trade, investing at that time to hundreds of Bitcoin per day.

[Kakmakr]

I say, "Do not cry over spilled Milk" .... just learn from that mistake and push forward with the new knowledge that you acquired. I had many friends who got into the same situation with these Ponzi schemes and even after several warning, still invested money into it.

Then they got burnt and now they are blaming "Bitcoin" as the evil technology.... not the stupidity of them investing in a Ponzi scheme that used Bitcoin as a payment option. (It is important to notice the underlined and bold section of this sentence)

You handled this brilliantly .... you learnt from the mistake... acquired the correct knowledge... and tried again. Well Done!

[Flexystar]

Got such bad experience all the time. It's unrealistic to how the prices of bitcoin is soaring all the time and we are not there when it was tiny one. Thats what they call as missing the train and I can concur that I have missed this train many many times myself. Problem is not with my patience or my hodling capacity but it is about the requirement of money on monthly basis. I could not save up everything in the crypto, I need to sell bitcoin many times to keep  up with the daily needs. I am not sure how those guys are hodling all the time, but they might be having some serious real world job with good paycheck every month. 
Sadly, situation is not same for everyone.

[Fullcoinese]

Sadly, situation is not same for everyone.

you are not alone, experiences like that are felt by more people. save bitcoins when we have enough left over every month. but in the end, what is accumulated must also be reduced little by little to cover the needs that are not covered by our monthly income.
but still grateful even though disappointed. because finally the assets collected can also be utilized. maybe a failed investment plan. but Bitcoin has already helped enough people's lives.

[Kaliandra]

most people must have experienced failure first, but for those who have experienced failure it must be made a lesson for the future so that
more careful.

need to remember most successful people, must have failed at first. I hope that in the future you will be successful.

[Mauser]

I didn't buy Bitcoin until 3 years after. I really missed that golden opportunity to get it at such rate. Well the good news is that... The bear market is a good time to fill my bags and I got myself some BTC and I'll hodl unto it. You never can tell what price BTC could hit in the coming years.

That is really sad to be involved with Bitcoins in 2016 and not buying large amounts back then, I made the very same mistake like you. My first introduction into Bitcoins came in also in 2016 when I was trading CSGO skins actively. Every time I cashed out my winnings for real money the websites offered me withdraw the money from the exchange in Bitcoins at a much lower fee than via bank transfers. So for roughly 1 year I was buying and selling bitcoins a lot and managed to get my hands on a lot of coins. In one case opening alone I managed to get a 1000 USD skin which was my biggest profit. For that I bought a new bicycle which got stolen 2 years later. Sometimes I still think about if I just had kept all my bitcoins back then and not sell any, it would have been a nice profit today. Unfortunately we can't turn back time and need to live with our decisions. At least I learned from that to never sell all my bitcoins ever again.

[bitzizzix]

Everyone must feel the same way and especially those who have been in this industry for a long time, and no one would have thought that at that time the price of bitcoin would be even higher.
and i am judging this out of greed but doing it in a very profitable position and being seduced by fantastic profit values or maybe a new and amazing experience that makes me feel the urge to sell for fear that the price will drop again or disappear, which is actually a good start for get a higher price.
but all of that will be a good experience and lesson for the future, that the price of bitcoin will continue to increase even though there are always decreases because long-term bitcoin is a very absolute choice and will not disappoint as long as patience and faith are still there.

[cloirecrom]

yup feel it have been in your position lol, well nothing can do on spilled milk. better focus on future opportunity

[Japinat]

hahaha believe me dude your mistake can be a lesson for everyone. and you are not alone here I bet there is dozen of people who like you and I have same mistake Im totally sell of my bitcoin even bitcoin not reach 1000$ around 500-600$ and i have almost 5 BTC in total  and not touching crypto for 4+ years and Im back in 2020 and broke but hey Never losing a hope right, and Never Try Never Know Right 

I just couldn't help myself to laugh and be sad again because I did have the same mistakes way back 2016. Truly, there's a lot here in this forum that had committed the same mistake we did because we just don't really know bitcoin's future and I remember that at that time, scams are just too many to mention that we couldn't figure out anymore which investments are really profitable and true.

[sokani]

I've gone through all the comments and I want to say thank you guys for stopping by and dropping your thoughts on the subject. I would like to correct the impression that I'm not crying over spilled milk, Yes... I regretted it and I've learnt my lessons. I only lost a couple of bucks but some persons here lost more than I did. Why I shared my sad experience is to discourage some persons out there who might want to make the same mistake because I don't think ponzi scheme is ending anything soon, it will always be rebranded, repackaged and resold to unsuspecting individuals. Instead of investing in such a scheme, it would be more profiting and rewarding to invest in Bitcoin. My post is also to encourage Bitcoin hodlers to treasure their asset and hold on to it because it's going to be worth more in the future.


 

[bounceback]

I didn't buy Bitcoin until 3 years after. I really missed that golden opportunity to get it at such rate. Well the good news is that... The bear market is a good time to fill my bags and I got myself some BTC and I'll hodl unto it. You never can tell what price BTC could hit in the coming years.

Maybe for now we haven't been able to get a golden opportunity like the previous year because the price of bitcoin is now higher than three years ago, but in the bear market that we are currently experiencing, this is also a good momentum for us to buy every time there is a decline.
Although in the future no one knows for sure to what extent the price of bitcoin will increase in value, many people are always optimistic when the next bitcoin halving event in 2024 will allow bitcoin to reach a new ATH again.

[Chucksmark]

Most people, including myself, are victims of such blunders. During my undergraduate days, a friend of mine begged me to acquire Bitcoin, which I had no interest in. After much deliberation, I reluctantly purchased $50 worth of Bitcoin at the time, despite the fact that I could have purchased $1,000 worth of it.After a few months, I made some profit from the $50, then I refunded my money.
 
The remainder of the money was then invested in various Ponzi schemes because that was the one that piqued my interest the most, but it remains my greatest regret to this day: I had the opportunity to become a millionaire at a young age, but I did not take advantage of it. 

[borovichok]

I didn't buy Bitcoin until 3 years after. I really missed that golden opportunity to get it at such rate. Well the good news is that... The bear market is a good time to fill my bags and I got myself some BTC and I'll hodl unto it. You never can tell what price BTC could hit in the coming years.

Everyone have their story to tell about missing out on the golden opportunity to bag bitcoin when it was still low in price, worth over $500, it took only courage for some to keep hold of bitcoin till present knowing fully well about the massive pump and heavy dump of the project. Bitcoin will continue to shoot higher in price, but it will definitely take long time count before it rises to $100k as predicted by TA analysts. During the bear season, it's confirmed to bagged bitcoins and altcoins to portfolio inother to aimed at the profits levels.

[pawanjain]

At some point of time we have all been there wishing we should have bought more BTC or we should not have sold our coins back then.
This just proves how much bitcoin is worth and it is better to use it as a store of value than a payment method.
I guess its too precious to spend it as a payment. Not even Satoshi would have imagined bitcoin to be so precious that people would regret to spend it as a payment. LOL.
But the truth is that we all want more BTC since we know its price is bound to increase more in future.

[Pesona1]

Most people, including myself, are victims of such blunders. During my undergraduate days, a friend of mine begged me to acquire Bitcoin, which I had no interest in. After much deliberation, I reluctantly purchased $50 worth of Bitcoin at the time, despite the fact that I could have purchased $1,000 worth of it.After a few months, I made some profit from the $50, then I refunded my money.
 

All of us have had sweet and bitter experiences when we started working in the world of crypto, especially bitcoin, just like you, I also initially doubted that bitcoin was a promising investment until several times I refused friends invitations to invest in bitcoin, even when my friends said if bitcoin is an investment for the future, I would say that it is just a fantasy because it is an investment that has no real form, but now that the price of bitcoin has reached tens of thousands, and we can only regret the golden opportunity we have missed .