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Author Topic: My regret for not adopting bitcoin earlier.  (Read 922 times)
Cryptomultiplier
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October 05, 2023, 02:43:03 PM
 #101

I would like to think that am among those who didn't adopt Bitcoin or even knew the distinction between Bitcoin and crypto currency in the early stages. I heard about it from neighbors who wanted to learn more about it, but didn't even understand what they were talking about until I went through college.
It was during the days when I needed a job and would do anything to get a white collar employment, that I opened my mind to the crypto currency subject and learnt about BTC from scratch.

I didn't regret the years I failed to take advantage of BTC. it shaped my mind to know more about it that now I can trade, invest, and do payment transaction with it seamlessly without needing a mentor or guide.

The BTC revelation is still hot to those who just found it and all I can conclude is, it is never too late to grow from scratch.

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October 05, 2023, 08:33:22 PM
 #102

There are most probably thousands of such stories of people who had the possibility of adopting Bitcoin in its early days but they refused to do so because they didn't believe in it or they didn't believe the people who tried to make them invest at least some money in Bitcoin. In my case, I didn't come to know about it as early as you but when I came to know about it, it wasn't as valuable as it is today and I also didn't ignore it but I started using it.

What was different in my case was that I didn't have any money to invest in Bitcoin or buy any Bitcoins when I came to know about it, so I started trying my best to work and accumulate as much as I could and I did that. However, it wasn't that much and I had to sell them before it reached its all-time high.

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October 05, 2023, 08:43:20 PM
 #103

There will always be regrets that people will have, but we have to move on knowing that it could've been worse.

I had 2 bitcoin during the time that bitcoin was worth around $300, and I exchanged them for amazon gift cards to buy something at that time. If I had kept them, I would've have been in a much better place today, but I still hold on to the small amount i have. I've recovered one of my wallets from a few years ago and now buying a bit here and there. My goal is to reach 0.1 btc before the end of the year.
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October 05, 2023, 08:54:57 PM
 #104

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!!
I understand your point, I think your friend undoubtedly has your best interests at heart. Otherwise he wouldn't have forced you so many times to invest in bitcoins he knew that bitcoin investing would give you good profits and he asked you again and again. Back in 2013 when Bitcoin was really doing well, if you had invested in Bitcoin you would have been a millionaire by now. I think that such a friend is not found in everyone's head. You are really lucky to have many good friends. It is your misfortune that you did not trust him. However, there is nothing to be upset about or regret as you have realized your own mistake. Now you should take your time and invest in Bitcoin. When you invest in Bitcoin you will understand the results yourself.
A regret which is something that you wont really be able to forget for the rest of your life specially you would really be minding always that what if you have invested on that time? For sure you do already have tons of money now and cherishing out the profit that you had made on the time that Bitcoin boomed its price. Well, just like the rest of people been commonly saying on here that tons of people had missed out that golden opportunity on which even myself had missed out on accumulating which its still cheap.If i had been able to save up my Bitcoin earnings back in the past upto now then i might already have that build my own huge house + having a good sports car but it seems that destiny doesnt really want for it to happen.  Cry

There will always be regrets that people will have, but we have to move on knowing that it could've been worse.

I had 2 bitcoin during the time that bitcoin was worth around $300, and I exchanged them for amazon gift cards to buy something at that time. If I had kept them, I would've have been in a much better place today, but I still hold on to the small amount i have. I've recovered one of my wallets from a few years ago and now buying a bit here and there. My goal is to reach 0.1 btc before the end of the year.
Due to those common scams that do happen in the market then you cant blame out someone to be that skeptical on something specially if its a new word or name that they do hear out
then people would easily make out some conclusions that it might be an another scam attempt without even trying out to research in depth before they would really be making out conclusions.For those people who had trusted Bitcoin on those early years are the ones who do really make out that huge benefit into it and this is something that a very normal concept or scenario on where
tons of people or ccryptoenthusiast is really that suffering on but well there's nothing we can do but only to move on and make those smart move on the current market situation.

R


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October 06, 2023, 06:38:32 AM
 #105

I would like to think that am among those who didn't adopt Bitcoin or even knew the distinction between Bitcoin and crypto currency in the early stages. I heard about it from neighbors who wanted to learn more about it, but didn't even understand what they were talking about until I went through college.
It was during the days when I needed a job and would do anything to get a white collar employment, that I opened my mind to the crypto currency subject and learnt about BTC from scratch.

I didn't regret the years I failed to take advantage of BTC. it shaped my mind to know more about it that now I can trade, invest, and do payment transaction with it seamlessly without needing a mentor or guide.

The BTC revelation is still hot to those who just found it and all I can conclude is, it is never too late to grow from scratch.
Honestly, I too missed the early Bitcoin train. But, like you said, its never too late. Its fascinating that you turned your lack of early knowledge into a strength and learned all about it. Isnt it amusing how life throws us into these whirlpools, and instead of drowning, we come out swimming like a pro?

But here's the thing – you mentioned about trading and investing seamlessly, but have you thought about the potential pitfalls of the crypto world? Security is a major concern. Are you using a hardware wallet? And how are you managing the volatility? Just curious because, in the crypto universe, being informed isnt enough; one needs to be super informed.

By the way, kudos to you for pushing through and becoming self-reliant in the BTC world. Its a testament to the fact that sometimes, starting late can be a boon in disguise. After all, who needs early adoption when you can be a master of the game now?

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October 06, 2023, 08:34:29 AM
 #106

There are most probably thousands of such stories of people who had the possibility of adopting Bitcoin in its early days but they refused to do so because they didn't believe in it or they didn't believe the people who tried to make them invest at least some money in Bitcoin.

Indeed, thousands of people missed out on bitcoin in the past, not just the OP and all for one reason, no one believed in bitcoin at the time. That is also a very normal thing, because if everyone who first learned about bitcoin invested and held bitcoin, would we still have a chance today? That's why I never feel regret about what happened in the past.

I'm also one of them, but I've never felt regret like the OP because I know the opportunity is still there and as long as I know how to make good use of it, I can get back what I missed in the past. Not many people know about and invest in bitcoin yet so we are still in the early stages so let's start now instead of regretting.

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October 06, 2023, 09:22:50 AM
Merited by fillippone (1)
 #107

People only make mistakes, nothing new to say, after making mistakes, they understand the right way. Same situation happened to you when you came to know about Bitcoin in 2013 you should have better read and gain knowledge on Bitcoin. But you didn't do that, instead you flipped your friend off and dismissed it as a Bitcoin scam. But if you had analyzed Bitcoin well at that time and taken measures to invest, you could have been a big man by now for sure. We can currently see that those who invested in Bitcoin in the past have reaped huge benefits today and become wealthy. Also, if you had bought and held bitcoins as suggested by your friend, it would have been better for you. However since you have realized your past mistake now I think you better learn about Bitcoin now. And hold on for long your investment will definitely make you successful God will help you in a better position in future.

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October 06, 2023, 09:37:53 AM
 #108

Regrets were part of life. Not with bitcoin, it happens now and then with different tasks. Regret for not adopting bitcoin earlier is much discussed just because of the growth it had attained over time.

It is good to get off the regret and look for the solution to make things happen good again. This means remember what you've learnt out of the regret, think of the best to happen again and keep yourself prepared for it. If the regret keeps you paining, try to keep yourself distracted from it. Find someone who had experienced the similar thing and what they did to come out of it.

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October 06, 2023, 10:01:18 AM
 #109

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.
It's because of your doubt like many of us here when Bitcoin is just starting. We never thought the price can rise this much. You're not alone with this regret but it happened already and we can't turn back time. Let's say you did invest 10 years ago, can you keep holding up to now? Knowing the price already had a significant growth especially during bull run. Those who were able to hold their Bitcoin from the beginning up to now are the ones who made huge profit and a real long term hodler.

Anyway, it's not late to engage yourself. At least now, you have many realization about Bitcoin since you're aware of its history. Buy and hold.

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October 06, 2023, 10:17:34 AM
 #110

Regrets were part of life. Not with bitcoin, it happens now and then with different tasks. Regret for not adopting bitcoin earlier is much discussed just because of the growth it had attained over time.

It is good to get off the regret and look for the solution to make things happen good again. This means remember what you've learnt out of the regret, think of the best to happen again and keep yourself prepared for it. If the regret keeps you paining, try to keep yourself distracted from it. Find someone who had experienced the similar thing and what they did to come out of it.

Having regrets shows that the person learned something or missed out an opportunity duee to lack of knowledge that time or lack of funds. There's a lot of reasons why we haven't adopted earlier Bitcoin but that doesn't mean we're too late cause Bitcoin has a lot of potential in the long term. We are just people where we are learning everyday, every experiences if we took it positive we would eventually grow than taking it badly like, losing the early potential of Bitcoin then you would thought it's not for you. It might not be your time yet but for sure if we countinue to strive to that goal, for sure we would achieve it in no time, attain knowledge and skills in crypto industry.

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October 06, 2023, 10:38:28 AM
 #111

We can just regret if we totally miss the opportunity but it was not and we still have the chance to take this. While we think that we are already late, we'd better think that it is better late than never.

We can't erase the fact that not all people would able to see the value of Bitcoin during its creation, many will just see it when someone has the proof. It is only now that many people say it - "we regret not buying earlier" but the question if they even believe that this will be going to happen with Bitcoin today. I guess not because what is in our mind before is full of negativity.

What Op is saying is that he is not the only one who has experienced that; almost most of us here. There are many of us here who missed the opportunity in Bitcoin when we heard about it, and we are newbies in this industry.

But even though that happened, we still continued here, and we even went deeper into Bitcoin and learned a lot because it was not too late for us here. And that is exactly what we are doing now: preparing the things that must be prepared to accumulate assets that we think can provide good savings for our future.

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October 06, 2023, 11:25:30 AM
 #112

Regrets were part of life. Not with bitcoin, it happens now and then with different tasks. Regret for not adopting bitcoin earlier is much discussed just because of the growth it had attained over time.

It is good to get off the regret and look for the solution to make things happen good again. This means remember what you've learnt out of the regret, think of the best to happen again and keep yourself prepared for it. If the regret keeps you paining, try to keep yourself distracted from it. Find someone who had experienced the similar thing and what they did to come out of it.

Having regrets shows that the person learned something or missed out an opportunity duee to lack of knowledge that time or lack of funds. There's a lot of reasons why we haven't adopted earlier Bitcoin but that doesn't mean we're too late cause Bitcoin has a lot of potential in the long term. We are just people where we are learning everyday, every experiences if we took it positive we would eventually grow than taking it badly like, losing the early potential of Bitcoin then you would thought it's not for you. It might not be your time yet but for sure if we countinue to strive to that goal, for sure we would achieve it in no time, attain knowledge and skills in crypto industry.
That's right. We just need to learn from our mistake. It is okay to regret our decision before for not adopting early nor having a chance to learn about bitcoin. What's important right now is we learned about it and everyday we continue to be able to see the growth of bitcoin. There's no time for regret, let's just move on from the past and embrace the growing community. Learn what we have to learn, and invest as long as we can so we can't miss the opportunity when bitcoin increase again.



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October 06, 2023, 11:28:43 AM
 #113

It is normal to have regrets as we are humans and one of the reasons we haven't adopted Bitcoin before is that it was new to us and we didn't trust it like the online shops before which were full of fake products. Don't get stuck on your regrets what is important now is that you will not redo the mistake of not adopting Bitcoin 10 years ago instead turn your regrets into an opportunity to learn the beauty of Bitcoin and adopt it now.
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October 06, 2023, 11:29:19 AM
 #114

Regretting that one thing in your life forever will never bring you anything good. Move on, and start to correct your mistakes, because if you will keep living in the past, you'll never grow in the present and future version of yourself.

Investing right now is a good idea to end your suffering from your past mistake, just don't compare the profit you're gonna make to your friend because early adaptors of bitcoin do really have big profits if they are selling their holdings every time a new all time high price appear.

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October 06, 2023, 11:41:37 AM
 #115

I had the same feeling too. 2014 is where I am introduced to Bitcoin. Back then, I am only thinking about it as “just like stocks”. But I was financially struggling and was broke, so I cannot afford to buy 1 BTC when it was under $600 that time.

However, I did not realize that I can buy in fractions in satoshis with my extra money too. If only I knew it and kept holding I could have made a juicy profit, especially if I did it during BTC’s all-time high of almost $70k back in 2021.

I already have accounts setup here in Bitcointalk, Coins PH and Blockchain wallet, but that’s just it and ignored BTC for more than 3 years. Mid-2017 is where I finally came back after BTC touched down $10k for the first time.

I know how it feels, but it is what it is. I do DCA and most of them I am on a little profit but I kept holding for now and waiting for next year’s halving. 
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October 06, 2023, 12:08:17 PM
 #116

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.
~snip~
Most of us have regrets on not knowing or getting into Bitcoin much earlier than we had.
Some of us know some people who became successful because they had been in crypto for a long time or been with it on its early days, but could we say that we would also be the same? would we be successful if we were on their place?
Some might not control their greed and trade their coin when they get a profit and quit or spend their profit.
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October 06, 2023, 01:02:07 PM
 #117

You may regret not accepting bitcoin earlier but you can't get that time back therefore, don't forget to invest in bitcoin in order to be successful now so that you don't have to regret anymore. Then this mistake will not be made a second time as the virtual currency bitcoin has gradually gained credibility and started to come into the mainstream. Even if the price is a bit low now don't be disappointed hold it for long term and you will get good profit. Many people have achieved success with bitcoin investing and subsequently hold on to it.

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Dickiy
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October 06, 2023, 02:26:23 PM
 #118

You may regret not accepting bitcoin earlier but you can't get that time back therefore, don't forget to invest in bitcoin in order to be successful now so that you don't have to regret anymore. Then this mistake will not be made a second time as the virtual currency bitcoin has gradually gained credibility and started to come into the mainstream. Even if the price is a bit low now don't be disappointed hold it for long term and you will get good profit. Many people have achieved success with bitcoin investing and subsequently hold on to it.

As we know in any case the name of regret can happen and it happens at the end, you will never know that the things you do before can have an impact on regret at the end of the story, so yes there is no need to drag on to regret it because it's true as you say time can never come back. Yes maybe you regret being late, but if you really have the sincerity to invest of course it's not too bad, I mean even if you are a little late it doesn't really matter because the price will continue to run and you can start from now. Bitcoin will continue to run, the proof is that the price now is much higher than the price in the previous few years and that means the price in the next few years is also very likely to be higher than now, so there is absolutely no reason for you not to start now even though for you it is a little late.

Better to start than not at all, I'm sure you want to make a profit and only in this way will you be able to achieve that profit. On the other hand, bitcoin does not guarantee your success but there only provides a great opportunity for those of you who really want to succeed and of course also with a hard struggle. True, for the long term, bitcoin is quite promising and that means we must really be able to be consistent in HOLD for a beautiful future.

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October 06, 2023, 02:59:27 PM
 #119

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!!

To be able to help people and do that, I think you should improve yourself first. You regret missing out on bitcoin in the past, but have you fixed that, have you invested and accumulated bitcoin for the future? If you have done that, I will support you in spreading information about bitcoin to everyone so that people do not make the same mistakes as you. But if you haven't invested in bitcoin and just want to spread bitcoin to everyone then I don't believe you have realized your mistake. I don't mean to doubt you, but I didn't see you mention you were investing in bitcoin.

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October 06, 2023, 03:16:14 PM
 #120

it's not just you, most of us here have felt the same thing as you feel, but compared to regretting things that have passed, it would be much better if we could learn from experience and continue investing in bitcoin.

certainly in the future there will be a time when the bitcoin market will be bullish and that's why before that happens it's a good idea for us to be able to invest, whether it's a little or a lot, the most important thing is to buy, hold for a long period of time and remain persistent, i'm sure that we can profit from it.

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