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Author Topic: My regret for not adopting bitcoin earlier.  (Read 866 times)
freedomgo
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October 03, 2023, 02:14:22 PM
 #61

Move on, my friend. It's never too late. You were presented with the opportunity, and yet you didn't grab it. Actually, it's understandable, as it was still a gamble at that time. What if Bitcoin turned out to be a failure? Then you should not be regretting. Just do what you can do now; it's never too late. The market is still here, Bitcoin is still here, and it does not stop at the current price.

I'll tell you, why not accumulate now and save it for the next bull run? For sure, you'll enjoy a decent profit. Or try to train yourself to be a day trader. That way, you can seize opportunities regularly, as the market is still highly volatile.

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October 03, 2023, 02:20:28 PM
 #62

Well, regrets do come in the end so this isn't surprising. Additionally, I'm sure we share such experiences and thoughts with a lot of members of this forum. The number of stories regarding their regrets after a few months and years when they finally realized they could have attained more profits when they started early or made different actions and decisions then are constant and can be seen here a lot. However, it has all come to pass and we cannot turn back time no matter how much we intend to, hence instead of sulking about it we should take it as a lesson and move forward.

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October 03, 2023, 02:40:02 PM
 #63

I was introduced to bitcoin in 2013 by my friend, but I was skeptical about it. Back then I believed it was one of those investment schemes that usually crash within a short period of time . My friend tried everything he could to make me understand that bitcoin is the future of money, but I gave him no listening ears, he got tired of talking to me about bitcoin. I was waiting patiently for the day he will come crying to me that bitcoin has crashed and all his investments gone.
But to my biggest surprise and to my loss, I have been waiting for over a decade now and bitcoin has never crashed instead it has been gaining popularity and global adoption. My friend who first told me about bitcoin is now a millionaire in dollars. This happened before my very eyes and I have been a regret for not listening to him when he was talking to me about bitcoin. I haven’t made any significant progress in my financial life since then, but I was presented with the opportunity to change my narrative ten years ago but I couldn’t. Today marks it exactly ten years since my friend talked to me about bitcoin. I decided to take the bold step to adopt bitcoin and spread the knowledge to others. After reading many articles about bitcoin I have come to realize that bitcoin is the future of money. I have also learned the bitcoin is not a get rich quick scheme. But I am ready to start up this journey with due diligence and continuous learning because knowledge is power. I will do my best to promote bitcoin to the people around me, to the villages and communities around my region. I’m doing this so that people will get to know the truth as I don’t want others to have the regrets I have today. I want to give people the same opportunity that my friend gave me ten years ago. I will do my best and the choice is theirs to make. I will never give up on my quest to spread bitcoin to others. So help me God!!

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I haven’t made any significant progress in my financial life since then

This is something that should lead you to think that regret isn't exactly the right feeling here. I assume that you haven't been in a luxurious financial position and then it is even harder to let yourself convince of a brand new technology and also take the next step and invest real money into it. Some are more cautious in times when there is no affluent cash available. And trust me, there are a lot of other people looking back and thinking the same as you. Some of them who have been part of this industry for a long time. Check out at what price Vitalik Buterin sold his first ETH. The founder himself of Ethereum. Markets are difficult to predict and it is often those who already have cash who make a lot more with risky investments because they don't have to sell and could swallow a loss in case it goes wrong.

Imagine you are one of those guys who threw their HDD into the trash with 8,000 Bitcoin stored on it. There are several of those examples who already had their hands on Bitcoin but then made a mistake of some kind. Sell too early, lose the keys, whatever.

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October 03, 2023, 02:53:19 PM
 #64

Those were like the golden years when too many Ponzi schemes existed and that's why if someone is legitimate sharing knowledge about Bitcoin, we can't blame those people like you and even me in the early days for thinking that it's something that I should avoid and put a red flag on it. It's not just you who has that story but if you go through the past pages of this section, you'll see how many of the same stories were there that they introduced Bitcoin as early as they could but ignored it and then regret that they should have listened to those people that introduced them to Bitcoin. But, we can't adjust time and can't go back in the past. What we can do is to focus on that mistake into making the right decisions by getting involved to Bitcoin now and starting our journey through holding and accumulation.

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October 03, 2023, 03:14:27 PM
 #65

Hindsight's a tough teacher, right? Don't beat yourself up; many of us had our doubts about Bitcoin at first. The important thing is, you're embracing it now. Welcome to the crypto rollercoaster, my friend!
Exactly. I started mining Bitcoin through faucets I think that was 2014 because 2013 was the year that a supertyphoon hit my place and left us nothing but mess. I quit mining because I realize that it was just a waste of time earning satoshis for an app or site that do not literally pay in other words scam. I never thought of investing into Bitcoin that time because of FUD. I am new to crypto and has limited idea on it. I met Bitcoin again in a forum and forget and yeah for the third time I encountered Bitcoin I made my journey here on this forum and that is the time I got the real one and realize how stupid I am to ignore the signs.



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Rainbot
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October 03, 2023, 03:37:30 PM
 #66

If nothing else, the price of bitcoin since 2013 is enough reason for one to regret if he is not holding even 0.1btc in his wallet, whether mistakenly or as an intentional act. Since 2013 till now, the price of bitcoin has done more than 1000% and more to come.
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October 04, 2023, 03:26:04 AM
 #67

If we talk about regrets in the past, we have thousands of regrets, not just bitcoin, but life is always moving forward, the past is the past we cannot change. What is more important is that we do not let the mistakes of the past repeat themselves. Everything is just starting, it is still very early to invest in bitcoin, and whether we really want to correct our mistakes or not is up to us to decide. Don't let us come back here 10 years later to regret it again, it would be a travesty for the world.

Many people also missed bitcoin in the last 10 years but they took the opportunity to fix things, I hope OP will do the same instead of whining and doing nothing.
Missing every opportunity we have will indeed make us regret it and it won't mean anything if we don't fix it because life will continue moving forward. Yes, you are right, don't let this happen again because it will be very painful if it happens a second time, but if we start now it will certainly be better because we already know the strategy that will be used to invest in Bitcoin.

To be honest, I quite hate people who always talk about the past and regret it because they are not the only ones in that situation. Second, it's a waste of time while we still have many opportunities to fix it. I even suspect that people who always remember the past and always express regret will not buy bitcoin. They are repeating the thinking of 10 years ago, they suspect bitcoin has risen too high and has run out of investment opportunities. For me, people who are determined to fix things tend to take action instead of complaining and regretting the past.

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October 04, 2023, 04:25:20 AM
 #68

Regret will arise when something that you once ignored has turned into a very valuable item and most people in all parts of the world are competing to get it. Don't ever feel late or always feel guilty for refusing your friend's invitation at that time, your rejection of this information occurs naturally due to your limited knowledge of Bitcoin.
Now is the time to change everything, you still have time to be among the investors who have succeeded in investing in Bitcoin. You are not too late to join this party, there are still lots of Bitcoins that you can still collect depending on how much capital you have.


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October 04, 2023, 05:26:57 AM
 #69

You are not alone. Most of us think we got late into Bitcoin. In reality we are still early. So, no panic. Just understand the fundamentals of Bitcoin, learn how it works, engage with other bitcoiners, stack sats following the best practices and you will be good.

None of us can be compared with old-school bitcoin stackers that accumulated before 2016-2017. However, in 2030, no newbie will be compared with us who buy bitcoin now.

Cheers!
I love this piece with all my heart. I wish I had merits to show you my appreciation of this spirit-lifting contribution of yours.
To add to it, my people say that when someone wakes up is their morning, so its still very early. Start from the point where you stand and continue engaging. The past is gone, the present is here and the future can be secured. If you start now and do same thing you should've done years ago, now in a much better way, armed with enough knowledge. In years to come, you'll still look back and be proud of yourself that you took action when you realized your mistakes. In all, make sure your mistakes spurs you to take action and never give up. I had a similar experience too. Let's secure the future together!!!.

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October 04, 2023, 06:56:12 AM
 #70

Regret will arise when something that you once ignored has turned into a very valuable item and most people in all parts of the world are competing to get it. Don't ever feel late or always feel guilty for refusing your friend's invitation at that time, your rejection of this information occurs naturally due to your limited knowledge of Bitcoin.
Now is the time to change everything, you still have time to be among the investors who have succeeded in investing in Bitcoin. You are not too late to join this party, there are still lots of Bitcoins that you can still collect depending on how much capital you have.


Aside from the regret, you will also feel empty. You ignored something that will be valuable in the future, we all know that the reason is because it might be a scam or what. We don't actually believe if we can see any progress or development until we see it become unexpectedly valuable. I wonder what happened to OP's friend or what that guy might be thinking to OP the time he disregard his advice.

The only thing we could do is to learn from those mistake and invest the time and money learning about Bitcoin. Maybe we are not an early investor but we are still able to know more about it.


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October 04, 2023, 07:28:18 AM
 #71

~
What you say is true, make regrets a valuable lesson (experience) in investing, experience is one of our best teachers. I once felt this when a friend asked me to invest, buy bitcoin regularly every month, with a total capital to buy bitcoin of $250 and my friend also advised me to buy other coins besides bitcoin and I bought doge coin at that price. 0.000208 in January 2017, with capital at that time of $250, but the very fluctuating prices made me afraid of losing my money at that time, with minimal knowledge and not understanding the concept of real money. With me having a total profit at that time of $80 on me, I took all my money and did not continue investing. In 2021, my regret came when Coin Doge surged. After learning more about the bitcoin network and studying the world financial system, I gained enough knowledge for now. Because the financial system is controlled by the government and there are power holders in the family, perhaps what we know is the Rothschild family. It's never too late and this year is our golden opportunity to increase or accumulate bitcoin, this year bitcoin is entering a bearish phase which occurs every 4 years.



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October 04, 2023, 07:35:19 AM
 #72

Move on, my friend. It's never too late. You were presented with the opportunity, and yet you didn't grab it. Actually, it's understandable, as it was still a gamble at that time. What if Bitcoin turned out to be a failure? Then you should not be regretting. Just do what you can do now; it's never too late. The market is still here, Bitcoin is still here, and it does not stop at the current price.

I'll tell you, why not accumulate now and save it for the next bull run? For sure, you'll enjoy a decent profit. Or try to train yourself to be a day trader. That way, you can seize opportunities regularly, as the market is still highly volatile.
That is exactly right, there is not such a thing as being too late, bitcoin still has a lot of potential and while it is impossible to buy bitcoin for a few cents and then sell it for thousands of dollars, there are still good profits to be had for those that are patient enough to get them, still it is better that a person is not completely motivated by the money, because if they are, then it is going to be difficult for them to hold their coins to obtain the profits they are looking for.
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October 04, 2023, 07:46:22 AM
 #73

~
What you say is true, make regrets a valuable lesson (experience) in investing, experience is one of our best teachers. I once felt this when a friend asked me to invest, buy bitcoin regularly every month, with a total capital to buy bitcoin of $250 and my friend also advised me to buy other coins besides bitcoin and I bought doge coin at that price. 0.000208 in January 2017, with capital at that time of $250, but the very fluctuating prices made me afraid of losing my money at that time, with minimal knowledge and not understanding the concept of real money. With me having a total profit at that time of $80 on me, I took all my money and did not continue investing. In 2021, my regret came when Coin Doge surged. After learning more about the bitcoin network and studying the world financial system, I gained enough knowledge for now. Because the financial system is controlled by the government and there are power holders in the family, perhaps what we know is the Rothschild family. It's never too late and this year is our golden opportunity to increase or accumulate bitcoin, this year bitcoin is entering a bearish phase which occurs every 4 years.



Reading your narrative reminds me of those poker nights when you have cold feet before betting. All fun and games till reality, right? Oh, come on. Everyone's been there. Some win, some lose. The real jackpot? Experience. You nailed that one. Even regrets and wasted opportunities are small teachers whispering wisdom in our ears. Your Doge tale? Classic. The entire government-controlled financial system? Rothschilds, shadows, powers... its like a plot for a blockbuster movie, isnt it?

Have you noticed how we dance around this "bearish phase"? Bitcoin, bearish phase, 4 years... feels like déjà vu, doesnt it? The issue? How to avoid Groundhog Day every four years with this crypto cycle? Keep your cards close, absorb your lessons, and gamble and spend wisely!

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October 04, 2023, 08:18:52 AM
 #74

Move on, my friend. It's never too late. You were presented with the opportunity, and yet you didn't grab it. Actually, it's understandable, as it was still a gamble at that time. What if Bitcoin turned out to be a failure? Then you should not be regretting. Just do what you can do now; it's never too late. The market is still here, Bitcoin is still here, and it does not stop at the current price.

I'll tell you, why not accumulate now and save it for the next bull run? For sure, you'll enjoy a decent profit. Or try to train yourself to be a day trader. That way, you can seize opportunities regularly, as the market is still highly volatile.
That is exactly right, there is not such a thing as being too late, bitcoin still has a lot of potential and while it is impossible to buy bitcoin for a few cents and then sell it for thousands of dollars, there are still good profits to be had for those that are patient enough to get them, still it is better that a person is not completely motivated by the money, because if they are, then it is going to be difficult for them to hold their coins to obtain the profits they are looking for.

If you compare the price of bitcoin to 10 years ago, the price has increased a lot, but if you look at the long term, we are still in the early stages of the bitcoin revolution. Less than 10% of the world's population knows about bitcoin, so it can be said that the potential of bitcoin is still huge and there are many opportunities. The important thing is whether we really believe bitcoin will be around in the next 10 years or not, it's all up to us. Another thing is, as long as bitcoin remains volatile, there is always a way to profit from it. The important thing is whether we really try and make an effort to achieve that or not.

If I could choose again, I would still choose to invest in bitcoin at this time rather than return to the past, because back then the risks were much greater than now, now the opportunities are clearer and also safer.

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October 04, 2023, 10:10:37 AM
 #75

If nothing else, the price of bitcoin since 2013 is enough reason for one to regret if he is not holding even 0.1btc in his wallet, whether mistakenly or as an intentional act. Since 2013 till now, the price of bitcoin has done more than 1000% and more to come.
If you knew that long ago, you shouldn't be too late to enter this forum so you can see and discover more new things about Bitcoin through this forum. But that is not a problem for anyone, because when someone knows about this now, at least there is a special consideration for continuing to own Bitcoin and buying it gradually without the slightest doubt. Moreover, the evidence is also very clear that Bitcoin can increase a lot after more and more people start to like it like now.

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October 04, 2023, 12:38:15 PM
 #76

Well, everybody that likes to make money and making the best of good opportunities regrets not getting into crypto earlier, trust me. This was the chance of a lifetime and not many took it.

I had my first interaction with btc about 2013 as well, but just took and used it as a payment option, no looking deeper into it and consider it a useful investment.
Where would I bet now if I knew better.
Well, many say it's not too late and we are still "at the beginning", who knows.

All we can do now is having trust in this and see where it takes us.

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October 04, 2023, 01:36:40 PM
 #77

We all look to find the best way to make money, but unfortunately, when we have found it, we deny it.
Denying something new will be easier than accepting it, especially if it is about money.
There are many people out there who also have stories similar to yours. Some of them are my friends.

However, you are right here now. This forum is the right place to understand crypto better.
Welcome on board...
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October 04, 2023, 04:21:32 PM
 #78

I was introduced to bitcoin in 2013 by my friend, but I was skeptical about it. Back then I believed it was one of those investment schemes that usually crash within a short period of time . My friend tried everything he could to make me understand that bitcoin is the future of money, but I gave him no listening ears, he got tired of talking to me about bitcoin. I was waiting patiently for the day he will come crying to me that bitcoin has crashed and all his investments gone.
But to my biggest surprise and to my loss, I have been waiting for over a decade now and bitcoin has never crashed instead it has been gaining popularity and global adoption. My friend who first told me about bitcoin is now a millionaire in dollars. This happened before my very eyes and I have been a regret for not listening to him when he was talking to me about bitcoin. I haven’t made any significant progress in my financial life since then, but I was presented with the opportunity to change my narrative ten years ago but I couldn’t. Today marks it exactly ten years since my friend talked to me about bitcoin. I decided to take the bold step to adopt bitcoin and spread the knowledge to others. After reading many articles about bitcoin I have come to realize that bitcoin is the future of money. I have also learned the bitcoin is not a get rich quick scheme. But I am ready to start up this journey with due diligence and continuous learning because knowledge is power. I will do my best to promote bitcoin to the people around me, to the villages and communities around my region. I’m doing this so that people will get to know the truth as I don’t want others to have the regrets I have today. I want to give people the same opportunity that my friend gave me ten years ago. I will do my best and the choice is theirs to make. I will never give up on my quest to spread bitcoin to others. So help me God!!
Everybody makes mistakes, you're not alone. Unfortunately I didn't know bitcoin back in 2013, I would have discovered it only a few years later and I decided to invest some money almost immediately. Had I discovered it years before who knows, maybe I would have just ignored it because I was younger, with less knowledge and less money, it's impossible to say. So don't beat yourself up, at least know you know why bitcoin can change your life, some people still don't get it.

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October 04, 2023, 04:53:36 PM
 #79

Hindsight's a tough teacher, right? Don't beat yourself up; many of us had our doubts about Bitcoin at first. The important thing is, you're embracing it now. Welcome to the crypto rollercoaster, my friend!

This is perhaps the shortest advice yet meaningful and complete.

Like what I have mentioned before, the best time to invest in cryptocurrencies is the day you discovered its existence. As soon as you found out and learned about it, then that should be the sign for the person to invest in order to maximize the gains that one would be receiving. With its volatility, BTC is the better investment both for short or long-term depending on your goal.

While I may have regrets of not investing sooner, I will not make the same mistake of doing nothing and maximizing this opportunity for the future.

R


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October 04, 2023, 05:20:58 PM
 #80

Those were like the golden years when too many Ponzi schemes existed and that's why if someone is legitimate sharing knowledge about Bitcoin, we can't blame those people like you and even me in the early days for thinking that it's something that I should avoid and put a red flag on it. It's not just you who has that story but if you go through the past pages of this section, you'll see how many of the same stories were there that they introduced Bitcoin as early as they could but ignored it and then regret that they should have listened to those people that introduced them to Bitcoin. But, we can't adjust time and can't go back in the past. What we can do is to focus on that mistake into making the right decisions by getting involved to Bitcoin now and starting our journey through holding and accumulation.

The whole community and media were so negative that if you started talking about Bitcoin with a group of people they thought you were going to promote a Ponzi scheme idea with them. The market was excessively volatile and investing in bitcoin was considered to be like gambling. The situation has changed significantly and the market is more stable and mature. Now people consider the correction as a healthy movement in bitcoin.









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