My bitcoin journey mistakes and moral lesson

[Coin_trader]

when people give you advice, their intention may be good for you, but unknowingly to them that they have temporarily or permanently made you lose a lifetime opportunity that's if you listen to their advice. after listening to individual advice, it is your duty and decision as a person to filter the advice before making use of the ones you see that will be helpful to you. There is no harm in trying new ideas, just imagine, if I had attempted such innovations, even if is with a small amount of money, may be by now I would have been rich.

It’s not bad listening other people advice especially if they are successful in life. I will take all day Elon Musk advice if he will give me some. The point is, You can get experience and knowledge on story of other successful person and add it to our own personal knowledge to make our finacial journey better. This applicable on Bitcoin too. If some random guy or friend that nothing to prove or not even successful give you an advice then don’t bother thinking about it because their advice doesn't have any value.

In my experience, I start on Bitcoin by being victim of ponzi and mlm scam which I thought that is a good a source of income since no one give me an advice about danger on crypto. I loss a lot and learned a lot in exchange. I think you can avoid this kind of painful part of your journey if you can have someone that can give you a valuable advice.

[Who is John Galt?]

There is no harm in trying with a small amount of money.

In my opinion, in the story you told, the problem is not whether to follow someone's advice, and also not that you can risk a small amount, but that you did not understand enough about where you wanted to invest your money. Also, those who gave you advice did not understand this, so their advice was not substantive.

If someone gives good advice and explains why they give that particular advice, it makes sense to think about this advice and accept or not accept it based on the information that you receive. And shrugging off advice just to invest in something new is not the smartest idea. If tomorrow someone offers to invest in selling snow in Antarctica to polar bears, it does not matter that the amount of investment may be small, this is clearly not an enterprise in which it makes sense to invest. But we understand this because we have sufficient preliminary data to analyze its prospects.

Every time it makes sense to think, and not take action blindly.

[aylabadia05]

Don't live your life according to the criticism and dictates around you, If not, you will be suffocated with stained ideas, as long as you don't cause people's pain, chase your dreams, enquire and develop yourself in such a way that people will see you as a role model. People must talk, just be who you are, and be committed to making your dreams a reality.

The best people are those who realize that they are trying to achieve their dreams in the midst of negligence.
To achieve a goal, we must have a big heart with an open chest and be able to distinguish between criticism and insults.
So, criticism is a route of life to reach the goal. If those who criticize are people who are already experts in their fields with evidence that we can see, for me it will be very helpful as long as they are committed to goals.

[bitzizzix]

Because no one controls bitcoin, so I don't trust anyone to tell me about bitcoin except for some of my friends who have been in this industry for a long time and before I knew bitcoin, including me here.
Even though in the past many said that bitcoin was fraud and I didn't believe it because I had done my own research and also suggestions from some of my friends so I wasn't affected.
and in my opinion to get to know bitcoin further we must have awareness and also be independent to look for things that can convince us because there are still many people who do not know and understand bitcoin and they are trying to influence us, so you should never be influenced by those who do not understand bitcoin because if affected you will regret it later.

[Bitstar_coin]

In this case, both the one advising and the person who is being advised are both ignorant to the technology so the outcome should not be surprising.  Besides, most people in btc today also share similar experience and regrets but what is most important is making plans for the future if not that is when the real regrets will occur.
If you are convinced that in the next 10 years btc will be extremely high in price then buying now is not late.

[Mr.suevie]

In this case, both the one advising and the person who is being advised are both ignorant to the technology so the outcome should not be surprising.  Besides, most people in btc today also share similar experience and regrets but what is most important is making plans for the future if not that is when the real regrets will occur.
If you are convinced that in the next 10 years btc will be extremely high in price then buying now is not late.

Yeah because thats the best thing anyone who is planning on investing could do for himself because rather than you regretting of past bear season and the imaginable profits you could have gather during those period you rather focus that energy and makes plan to buy and hold because this particular period is also a golden opportunity to buy compare when bitcoin start sky rocketing.

[Victorik]

In 2016, when I first heard about Bitcoin. I never had any knowledge of the existence of a bitcointalk forum or even a detailed idea of Bitcoin itself, the first mistake I made was to listen to people's advice in respect to investing in Bitcoin. When I started reading and researching about bitcoin and its technology, A time came when I made up my mind to invest my little savings in it, but I decided to involve my parents, siblings and friends so that we can invest concurrently. But They came to the conclusion that bitcoin and all online investments are scams and I should not make such a wrong step if not, that am going to lose my money, I was confuse at that point, I thought of how I manage to save such amount of money, the fear of losing it, And what will be my fate if I lose it to scammers made me to succumb to their suggestion, in all, this got me dissuaded, this made me give up in knowing more about Cryptocurrency in general, and my investment plan in this indistructive decentralized digital currency (Bitcoin) and because I had no idea that a forum like Bitcointalk where new ideas are shared and bitcoin matters are been discussed by different people is in existence, but the good thing now is that even though I got notice of this forum late, I have learned numerous things in a short time here, for this reason I am always open to learning at any time from anybody.

moral Lesson:

when people give you advice, their intention may be good for you, but unknowingly to them that they have temporarily or permanently made you lose a lifetime opportunity that's if you listen to their advice. after listening to individual advice, it is your duty and decision as a person to filter the advice before making use of the ones you see that will be helpful to you. There is no harm in trying new ideas, just imagine, if I had attempted such innovations, even if is with a small amount of money, may be by now I would have been rich.

In this life, If you want to grow financially, one risk or the other must be involved.
In the pursuit of success, you must lose to learn a particular technique for the avoidance of its repetition.

Don't live your life according to the criticism and dictates around you, If not, you will be suffocated with stained ideas, as long as you don't cause people's pain, chase your dreams, enquire and develop yourself in such a way that people will see you as a role model. People must talk, just be who you are, and be committed to making your dreams a reality.

I am where I am today because I was unable to understand the value of making use of my instinct, But at least the knowledge I have about Bitcoin in the recent time is very tremendous more than before, from now onward nobody will ever discourage me from investing in any commodity that I see as a profitable one, no matter the risk that's involved. I will take it, There is no harm in trying with a small amount of money.

Generally, in life not Everytime you form your decision based on the advice of others, just like you said, they may mean well for you, but will only advice you based on their own depth of knowledge. They will advice you based on what they know and if they don't know enough, then they end up misguiding you.
Get informed and make informed decisions rather than seeking the opinions of others.

[Maslate]

There is never too late to join with Bitcoins; yes, you missed a golden opportunity in 2016, but at the current price of Bitcoins, it’s not less than any golden opportunity. It’s always ideal to never invest your hard-earned money on other people’s advice. It’s always beneficial that you should do a personal research and then only invest in that. I'm glad to see that you finally found out so many things about Bitcoins and also about this amazing forum. Now don’t think about or regret your past. Just right now, buy as many Bitcoins as you can and hold them for some time.

Bitcoin regardless of its price will always be a good and valuable investment so which means everyday is a good time to invest. And as long as you invest an amount that you can afford and that you can easily manage to lose, then that’s perfect  knowing you did also an intensive research before investing. I just hope this time you will come to take advantage every opportunity that comes and not just be influenced by other people’s decisions. Bitcoin is legit and reputable investment so just keep your faith and always trust the process.

[tabas]

That's okay, maybe you're just destined that time to just know bitcoin but not to invest. A lot of stories are similar to you and even if there's the regret, it's okay because you can't anything from that moment and what's done is done and you only have to move on.
When you're able right now and realizes that missed opportunity that has passed then you can still correct those mistakes and regrets that you've got before. So looking at that experience, from now, you'll be DCAing and start buying before another opportunity will be missed since it is you alone that knows what you're doing.

[Japinat]

There’s a single thing I’ll probably never understand: why people pretend they know everything without ever researching the subject. I’ve got friends who years ago I was trying to convince to invest at least a small portion of their savings in BTC and they were aggressively contradicting my facts with their imagined thoughts and beliefs. I get that mainstream media gets you to believe a thing although it’s not always true, but it’s very annoying. Don’t tell me something’s a scam if you don’t even know what I’m talking about.

Follow your instinct and don’t let yourself be emotionally disrupted by the thoughts of those around you. I found they often pulled me back from my plans and now I have many plans I regret not following because I know they would’ve been successful. But that doesn’t matter - if they were wrong 10 times they’ll continue to be wrong an 11th time too..

People will always have a lot to say just to pull you back, it’s up to you if you still stick to your decision or just believe that they might be right and you’re wrong. However, remind yourself that you will never grow and be successful if you keep relying from other people’s point of view. Just accept the fact that sometimes our decision may be a contradiction from their own decision so we need not to hang in there but prove to them that what we are doing is reasonable. That way, there’s no regretting in the end because we never missed any opportunity again just like before because we now have faith in our investment.

[SamReomo]

No worries because you finally learnt about this forum and you still got the opportunity to learn about Bitcoin from the reputed members of the forum. It's always important to let go of the past mistakes because if we start regretting about our past wrong decisions then we won't be able to progress in this life. Many people have missed the opportunities in Bitcoin's time and later on in other crypto-currencies. However, I must say that you aren't late in getting involved into Bitcoin because even in its current price Bitcoin is quite cheap. In future Bitcoin can be worth in millions, and if we don't accumulate Bitcoin in this time then we will regret once again when Bitcoin's price crosses $1 million price value.

I recommend you to let go of past and start thinking about present opportunities. This forum is the best place in the world because here people won't misguide those who have no knowledge about Bitcoin, but they will instead guide them about Bitcoin in the most proper way possible. Many people have missed opportunities in past, and if they regret about past even if they are still in good health then those people won't be happy even if they earn millions of dollars per year. We should always be grateful for what we have, and we should never be dishearten by our past decisions.

[lalabotax]

Basically, whatever and however happened, all of those were our final decision to do something, even the result is good or not.
Tjat is why before deciding something, we must have several considerations, more importantly, we must consider them woselu, smatrtly, and also appropriately. Additionally, having knowledge about something especially in this crypto after told by someone else and ezplore it is also a must. Moreover on the crypto business, when going to inbest in Bitcoin, we must have enough time to lear it all. So, at least, we have tried our efforts to understand what we are going to invest. Sometimes, O feel also regret ofmy past decision about not inveating in Bitcoin early. But this doesn't matter. Sometimes I think enoufh that probably it is because I was not ready that for this, especially for the risk. But now, we must be ready of those.

[freedomgo]

Good thing about you OP is that you know exactly what to do now with bitcoin investment and how to make it work just by investing at a small amount at first. Do your own diligence in exploring more about the forum and learn everything you need to learn. Know that if you have doubts with your investment, the forum is a great channel to help you by raising some questions and right after, a lot of answers will certainly come to you. So no need to regret with your past mistake. What is important is that you are already doing what you supposed to do before by not relying anymore from the people around you.

[TimeTeller]

No worries because you finally learnt about this forum and you still got the opportunity to learn about Bitcoin from the reputed members of the forum. It's always important to let go of the past mistakes because if we start regretting about our past wrong decisions then we won't be able to progress in this life. Many people have missed the opportunities in Bitcoin's time and later on in other crypto-currencies. However, I must say that you aren't late in getting involved into Bitcoin because even in its current price Bitcoin is quite cheap. In future Bitcoin can be worth in millions, and if we don't accumulate Bitcoin in this time then we will regret once again when Bitcoin's price crosses $1 million price value.

I recommend you to let go of past and start thinking about present opportunities. This forum is the best place in the world because here people won't misguide those who have no knowledge about Bitcoin, but they will instead guide them about Bitcoin in the most proper way possible. Many people have missed opportunities in past, and if they regret about past even if they are still in good health then those people won't be happy even if they earn millions of dollars per year. We should always be grateful for what we have, and we should never be dishearten by our past decisions.

This is what I am always reminding myself also, move on and don't let the past dictate your future.
Look at the bright side and it is never too late if you will start moving forward by thinking of your future plans.
At the end of the day, it is your life and it is your hard-earned money, so you are free to choose where you want to invest it.
People will always talk but the real work is up to you. Are you going to be discouraged by these talks?
If you know what you're doing, then, you can always move forward, but remember along the way, you will also gain some learnings in life.

[dunfida]

No worries because you finally learnt about this forum and you still got the opportunity to learn about Bitcoin from the reputed members of the forum. It's always important to let go of the past mistakes because if we start regretting about our past wrong decisions then we won't be able to progress in this life. Many people have missed the opportunities in Bitcoin's time and later on in other crypto-currencies. However, I must say that you aren't late in getting involved into Bitcoin because even in its current price Bitcoin is quite cheap. In future Bitcoin can be worth in millions, and if we don't accumulate Bitcoin in this time then we will regret once again when Bitcoin's price crosses $1 million price value.

I recommend you to let go of past and start thinking about present opportunities. This forum is the best place in the world because here people won't misguide those who have no knowledge about Bitcoin, but they will instead guide them about Bitcoin in the most proper way possible. Many people have missed opportunities in past, and if they regret about past even if they are still in good health then those people won't be happy even if they earn millions of dollars per year. We should always be grateful for what we have, and we should never be dishearten by our past decisions.

This is what I am always reminding myself also, move on and don't let the past dictate your future.
Look at the bright side and it is never too late if you will start moving forward by thinking of your future plans.
At the end of the day, it is your life and it is your hard-earned money, so you are free to choose where you want to invest it.
People will always talk but the real work is up to you. Are you going to be discouraged by these talks?
If you know what you're doing, then, you can always move forward, but remember along the way, you will also gain some learnings in life.

You wouldnt really be finding yourself to be that progressive if you are really that a fan on always looking up into your past mistakes which it is something that you should really be avoiding in the first place.
On the time that you do step your foot into this market then you should really be anticipating that losses would really be coming on your way. There's no way that you could be able to avoid or simply this is something
unavoidable because this is how reality do works.There's no way on taking up shortcuts and theres no way that you could really be avoiding those.

Instead on making these mistakes are your hindrances and regrets then it would be better on treating these things are your learning curves or simply stepping stones towards your progress.
You wouldn't really learn if you wont really be that able to experience up such things because we know that market is unpredictable, even the most professional traders do losses,
how much more into those who are just new? Take small steps and make progress on which this would be your main goal or aim.

[Falconer]

In 2016, when I first heard about Bitcoin.

When I started reading and researching about bitcoin and its technology

In 2016, there was less noises from altcoins and altcoin forums like now. If you did your research with Internet and search engines, Bitcointalk forum would appear at top of Google Search.

It is myth if you searched on Internet and did not see Bitcointalk in the list.

You could find that site https://bitcoin.org/en/ and get the link to Bitcointalk at https://bitcoin.org/en/community

Forums

BitcoinTalk Forum

Reddit's Bitcoin Community

Bitcoin StackExchange (Q&A)

You're right, but some people might be too lazy to do some quick searches. But it's possible that the OP wasn't too interested in the discussion about bitcoin because he seemed so focused on his investment plan. After all, not everyone who invests in bitcoin uses the bitcointalk discussion forum, but they can discuss elsewhere online too.

We know bitcointalk isn't the only discussion forum about bitcoin, so it's still plausible that some of them didn't discover this forum in the early days. Unless they recommended another user here after some time.

[famososMuertos]

You have taken the example of bitcoin as your great opportunity that you let go, but in reality the opportunities are there, although bitcoin has been shining very fast for many and this makes its history appealing, but there are many other avenues where you can put your hopes and it is best not to join entirely to a single type of investment.

The mistake was not not joining bitcoin at the time, the mistake was not getting other opportunities, that is actually the real mistake in the situations that arise.

[The Cryptovator]

Even though your family members always have good intentions and wish you luck, they may not fully understand the potential of Bitcoin investments. Instead, they tend to focus on the potential risks rather than the potential benefits. However, it's not entirely their fault; it's actually your responsibility to explain Bitcoin to them properly, and you may have failed to do so. Fortunately, being in this forum indicates that you're in the right place to broaden your knowledge about cryptocurrencies. Remember to engage your critical thinking skills and learn extensively about risk management in order to make informed decisions.

[BitDane]

when people give you advice, their intention may be good for you, but unknowingly to them that they have temporarily or permanently made you lose a lifetime opportunity that's if you listen to their advice. after listening to individual advice, it is your duty and decision as a person to filter the advice before making use of the ones you see that will be helpful to you. There is no harm in trying new ideas, just imagine, if I had attempted such innovations, even if is with a small amount of money, may be by now I would have been rich.

Reason why we have to verify information and weigh advices according to the information we gather.  No one to blame except ourselves if we happen to miss opportunities because we listened to the naysayers.  Our life our decision, no one can force us to do other's bidding unless we allowed it ourselves.

In this life, If you want to grow financially, one risk or the other must be involved.
In the pursuit of success, you must lose to learn a particular technique for the avoidance of its repetition.

No pain, no gain, just like if the risk is high, the possibility of high reward is huge.  And we can avoid losing to be able to learn by simply learning from other's mistakes.  We don't have to experience all the loses in order to learn since we can always make an example of other's personal experience.

Don't live your life according to the criticism and dictates around you, If not, you will be suffocated with stained ideas, as long as you don't cause people's pain, chase your dreams, enquire and develop yourself in such a way that people will see you as a role model. People must talk, just be who you are, and be committed to making your dreams a reality.

I agree, besides we are the only one who knows ourselves.  People who are confident with what they are doing and firmly believe on their ability, they never give a damn on what other people have to say.

I am where I am today because I was unable to understand the value of making use of my instinct, But at least the knowledge I have about Bitcoin in the recent time is very tremendous more than before, from now onward nobody will ever discourage me from investing in any commodity that I see as a profitable one, no matter the risk that's involved. I will take it, There is no harm in trying with a small amount of money.

I think you failed to do your own research and rely on other's to decide thing for you.  But well, as long as we learn on our mistakes, there is always a better future lies ahead for us.

[Yawa2020]

Are you a mama's boy? I feel bad because all of your decision in your life is always chosen by your mother.

When you're really want to eat a pizza, your mama will forbid it and say it's not good for your health. When you're want to hangout with your friends into a club, your mama will forbid it and say there's no good reason to go. When you're fall in love with a girl, your mama will forbid it because she's jealous and will threat you're a rebellious child.

Learn to be mature and make sure no one can control your decision especially in financial.

It's not a bad idea to seek advice from his mother. Mother are the best in the world and they always want the best for their children. By the way, we can not tell the age of the poster and in that case, he might still be under the control of his mother due to his age. Allow people to recommend and suggest for you because sometimes it might be more effective and helpful than your own decisions.