What ruined your chances of investing in Bitcoin earlier?

[CryptoBuds]

I think everything ultimately has its own story but the most likely is that trust and confidence in bitcoin has always been an issue that simply cannot be let go of.

We know that this has always been a scourge where when we are new to bitcoin, it is certain that trust in bitcoin is very small in the end so that is what prevents us from being in bitcoin.
Because not a few people who are in bitcoin do not come from trust first but indeed see that their prices are getting bigger so try their luck in it without knowing what bitcoin is and how it works because they just want to be there and then learn about it after actually entering.

This happens to some people and indeed things like this I have also experienced so that trust in a small bitcoin which actually hinders what we will do because it is not uncommon for there to be a lot of people who know bitcoin from the beginning but only entered after bitcoin really became booming like today.

Yea, it wasn't just ignorance, but majority of us who heard about bitcoin for the first time had no faith and confidence in Bitcoin, we only joined the Bitcoin family after we must have seen and heard about the wonderful things bitcoin was doing.

 

Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

[EarnOnVictor]

I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

Ignorance and lack of funds are two contrasting remarks, and even if you wanted to invest in the early days, funds would still have prevented you from doing so which is why I advise you not to beat yourself about it, your hands are still tied here. However, what pains people most which I also feel for them for is when they have so much interest in Bitcoin but do not have the funds to do so. By now, they will be hurt daily seeing Bitcoin at a high price. Notwithstanding, it is never too late, Bitcoin has a whole lot of potential and opportunities, but it depends on how best we can work our way around it. It is such an asset that gives room for much buying and selling at many times, so one should not delay in this but buy at the right time and sell at the right time.

But if you still believe that you can make a fortune by holding Bitcoin for years from a high price, I think you might be making a big mistake, it is getting obvious to those who even called for that in the past. If you are interested truly, you need to learn more than before because lazy people and many uninformed individuals made huge fortunes through Bitcoin just because they were lucky to have taken the risk back then, but this may not be replicated again. It is only a smart trader that will be able to earn from Bitcoin these days which is why I advise you to buckle up your learning to gain the needed experience for it.

[kawetsriyanto]

I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

You said that you have a chance to invest in Bitcoin when it was in the early stage. In what year is this? How old are at that time?
I guess you were still a student of Junior or Senior high school. If it was in 2010 or 2011, even mature people were not confident to invest in Bitcoin. So, it was very reasonable if you missed the chance to invest in Bitcoin earlier. I think you don't need to regret it because you must have no knowledge about Bitcoin at that time.

By the way, if you mean missing the opportunity to invest in Bitcoin in 2017, it is no longer in the early stage. Bitcoin was discovered in 2009, I think we can call it in the early stage if we invest in 2010 or may be in 2011.

Well, you have done the right way that you don't use your money got from your parents for investment. It is because your parents give it for your daily or school necessities. We don't invest with the money for main necessities, we only use an excessive money for investment. If you are still a school student and get money from your parents, it is not a wise decision to use it for investment. Moreover, you invest in something new which has a too high risk.


CMIIW

[Gladitorcomeback]

Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

I agree with that, it has nothing to do with ignorance if you don't believe in something when none of its potential has been seen, so if we are talking about people who didn't invest in Bitcoin when it was priced very low, we can't blame them because no one would put their money in something just like that.

However, if we talk about people who didn't believe it when it had gained some popularity and its price was well above $5,000, then we can say that those people ignored it out of ignorance and a lack of knowledge. If they had tried doing some research about it, they would find out its potentials and could invest if they had the funds available, but they chose to ignore it and move on and they regret doing that today.

So, it depends on a case-to-case basis, I would say.

[Woodie]

Probably I wasn't fully invested into this whole Bitcoin thing at the time, and with cryptocurrencies being  unexplored territory making them illegal...it was best to remain under the radar without attracting any prying eyes on monies moving from the bank 🏦 .
Otherwise I think my crypto stash I invested in would have gone to shitcoins which  were popular at the time or maybe coins would have gone to gambling in trying to grow my portfolio fast which has never worked

Jeez now that am thinking about it, can we go back in time!

[Die_empty]

However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

Your story is similar to mine regarding cryptocurrencies. I first heard about Bitcoin as a student in college. Then madness to assume that money can be mined because we all know that it was printed. I never believed that such a currency would ever be accepted as a form of payment. It was easy to believe that it would never be valuable. The price went high after a few years and I thought it was impossible to buy it. My confusion was because I never knew that it could be bought in bits. Then came the era of shitcoins, scams, and Ponzi schemes in my country. Many people were scammed of their money and these issues discouraged me from investing.

I do not regret not buying Bitcoin many years ago because one cannot change the future. I am grateful because Bitcoin is still in its early stages do there is still time for it to keep appreciating. I am more interested in buying, hodling , selling, and rebuying. After all many people have not yet embraced Bitcoin, so I am fortunate to be part of the Bitcoiners.

[uswa56]

Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

[avp2306]

Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

I guess its not all about braveness since understanding towards bitcoin will give people confidence to take risk. Also they need to now everything what they need to know so they can deal something unwanted things then could able to do action base on current event happenings. Since if we only think about being a risk taker and can able to invest whatever situation happen or our risk appetite towards dealing on anything about bitcoin then there might be huge chances for us to get scam since there are lots of scammers trying to fool people on earning platforms to offer then scam those who believe on their lies. This scenarios could ruined the interest of people to invest since they might think about enough to be a scam victim then totally leave bitcoin for good which is bad decision to do.

Also nobody know that bitcoin will go this far that's why lots of people ignore this before and since now that bitcoin adoption grow more bigger I guess the only thing stopping them is lack of knowledge since if they could able to grab some information about bitcoin and how to invest with it. Bitcoin is on mainstream so I believe there's no other excuse for people not to learn about this.

[boykaz]

Missed out on Bitcoin early on too due to doubts. But hey, better late than never, right?

[m2017]

Doubts. Doubts and lack of knowledge about bitcoin stopped me from investing. For many years bitcoin (which cost a penny) was in the news, but then it seemed like some kind of trash, not worth spending money on. I can only blame my laziness, which kept me from simply collecting information (it was enough just to go to the forum) about bitcoin and learning more about this financial asset. If I had known then at least part of what I know now, I would undoubtedly not have missed a good moment. It’s not so much about the current (and future) value of bitcoin, but about the opportunities that bitcoin provides as an investment asset and financial instrument.

When I first had free money, I didn’t know what to invest it in, because it wasn’t enough to buy something significant, and trying to preserve value in money was stupid. Knowledge (and faith) about bitcoin would have helped me a lot then, but the past is already unchangeable.

[Marvell1]

Most people think that ignorance is what caused them to miss the opportunity to invest in bitcoin early on, but I am sure that even if they had understood, they would not have invested at the time. Simply because even Satoshi once said that bitcoin could become very big or could become nothing, even he had no guarantees about the future of bitcoin. Therefore, it was inevitable that people were afraid and had no faith in bitcoin in the early days. Therefore, it can be said that in the early days, people did not dare to invest in bitcoin because of fear, did not dare to take risks and did not believe in bitcoin, ignorance is not the cause of everything.

We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

I guess its not all about braveness since understanding towards bitcoin will give people confidence to take risk. Also they need to now everything what they need to know so they can deal something unwanted things then could able to do action base on current event happenings. Since if we only think about being a risk taker and can able to invest whatever situation happen or our risk appetite towards dealing on anything about bitcoin then there might be huge chances for us to get scam since there are lots of scammers trying to fool people on earning platforms to offer then scam those who believe on their lies. This scenarios could ruined the interest of people to invest since they might think about enough to be a scam victim then totally leave bitcoin for good which is bad decision to do.

Also nobody know that bitcoin will go this far that's why lots of people ignore this before and since now that bitcoin adoption grow more bigger I guess the only thing stopping them is lack of knowledge since if they could able to grab some information about bitcoin and how to invest with it. Bitcoin is on mainstream so I believe there's no other excuse for people not to learn about this.

Even if you have a complete understanding of bitcoin, you still cannot know what the future holds, so it cannot be said that simply having knowledge will help you completely dispel your fears and be more confident to invest in bitcoin at that time. Knowledge will help you be more confident but it will not help you accurately predict the future, and fear will always be present when we talk about things we cannot predict (the future).

Like what's happening now, just because bitcoin is in a correction phase and many people are starting to doubt whether the bull season will come, let alone we have enough confidence to invest in Bitcoin 10 years ago when its future was still very uncertain. 
Today, bitcoin is more popular and legalized but there are still many people who do not believe that it can go further in the future, so it is not surprising that many people did not believe in bitcoin many years ago.

[tottong]

We often see that those who do not understand well will lose the opportunity to invest, but if they are brave enough to take risks at that time they will certainly choose to invest with the risk of losing their money if what they invest in is not what it is today and in that case Of course the choice is very important and only those who dare to take risks have succeeded in making a profit now and indeed when Bitcoin first appeared, not everyone cared about it and dared to invest in it, so what you say is true, ignorance is not the cause of someone not daring to do it. investment, of course there are also risks that they must be brave enough to take so they choose to invest.

Courage must be combined with knowledge so that it does not pose an excessive risk. Most people take risks only for the advantages and think they can do easily. If the knowledge we have is good, it can minimize the risks caused by investment.
Bitcoin is the best investment choice but if you do not have knowledge we will find it difficult to minimize the losses caused by the investment process that is carried out.

The risk must be comparable to knowledge and I believe that dibcoin investment can be minimized if someone understands how.
Bitcoin is the best choice at this time and we can see how Bitcoin continues to grow until now with an increasingly broad adoption.

[Gaza13]

Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.

What you say is very true, apart from our lack of knowledge about this asset, in the past there was also a lot of bad news and many people also experienced investment losses there at the beginning or in the past. As time went by, I learned first before diving into the world of investment that it turns out investing in crypto has 2 methods, spot and future. 

What was an obstacle for me when I wanted to invest in Bitcoin was money, at that time I didn't have a permanent job or no income, this was a regret for me that was very difficult to express and of course for everyone. ever feel afraid when we put our money there.

[Katherine_Alicia]

For me it was the fact that every time I looked at the price for Bitcoin it was always too high for me to buy one, no one ever told me you could buy Sats!

[Silberman]

I had an opportunity to invest early in Bitcoin but ignorance and lack of funds ruined my chances. I discovered Bitcoin in the early stages but ignorance never allowed me pay attention to it back then, to be honest I felt it was a new scam to steal people's money therefore I didn't even care to learn about it when i first had the opportunity to, but along the line I picked Interest in it when Bitcoin attained a height above $10k in 2017 but I was very unwilling to invest the pocket money I earned from my dad since I didn't have any job back then and solely depended on my parents for financial support.

 Nevertheless, my doubt about Bitcoin got cleared when Bitcoin went beyond $17k and got to about $25k plus towards the ending of November in 2020, I had no choice but to invest with the little money I got from linear jobs I was earning from by then, and it really helped me that December when it crossed $28k and I was able to get food items and gifts for my parents with some of the profits I got from it. If only I had invested earlier or had been able to convince my parents to try invest since they were financially capable of doing so but I was so ignorant and had doubts over the future of BItcoin.

 However I'm so grateful for joining this great forum that's helped to enhance my knowledge concerning Bitcoin and other Cryptocurrencies at large to a certain level and currently I don't regret anymore since I've realised that it's not too late to invest more and hold for the future cause I've seen and now believe that  the chances of Bitcoin attaining more heights is still very possible.

I do not really count that as a missed chance, on your own words you did not really believed that bitcoin was a viable investment and you did not had the money to invest in it, so even if you changed one of those factors you would not have invested in bitcoin anyway, as such there is not really any reason to regret what happened, and when it comes to myself I do not regret anything either, because as soon as I found it bitcoin existed, I invested what I could spare on it and joined the community, and while I made mistakes along the way, those mistakes have allowed me to get this far, so I see them as necessary steps on my journey.

[Crypto Library]

I have not been in the world of Bitcoin or cryptocurrency for a long time. So I have already missed the opportunity to invest early in Bitcoin. But I saw the bearish season in 2022 but then my knowledge was not such that I would invest a good amount in Bitcoin.
Besides, my earnings were not so good because I was a student. Also, the small amount I wanted to invest was not done because I was expecting Bitcoin to fall below 10k. However, for the time being, these seem to be the reasons for my early investment in Bitcoin.

[Franctoshi]

Mine was lack of information because If I had gotten the kind of information I have got now about Bitcoin earlier, I would have been part of investors that will own 1 Bitcoin by now because it happens that I met Bitcoin when it fucking cheap, was trading around $750- $900, I could remember buying $50 worth of Bitcoin and some Altcoins ,NEO ,and OMG then in 2017, but the bear market cut me up and so due to my lack of knowledge I sold and didn't bother coming back again until 2019 towards 2020.

[Mahanton]

Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.

What you say is very true, apart from our lack of knowledge about this asset, in the past there was also a lot of bad news and many people also experienced investment losses there at the beginning or in the past. As time went by, I learned first before diving into the world of investment that it turns out investing in crypto has 2 methods, spot and future. 

What was an obstacle for me when I wanted to invest in Bitcoin was money, at that time I didn't have a permanent job or no income, this was a regret for me that was very difficult to express and of course for everyone. ever feel afraid when we put our money there.

One of the main reasons on why you had missed out such opportunity is just that because of those external factors that basing up with real time experience in regards about online scams.
On the moment that we would really be hearing out something which is really that in our first time on hearing out such thing then being skeptical would really be your main reaction into it and would really be having those thoughts that this would really be an another type of scam that it is really that existing. This is why on the moment that you would really be that making yourself see that on the things that you had known or heard before
turns out to have that moon shot then this is where you would really be having that huge regret specially onto the moment that you have realized that if you have just bought tons of those then
you might be rich as of this moment.

Thats how life works and it would really be better that you shouldnt really be looking back into those things that had already happened because on the moment that you do keep on coming back then it would really be just that bringing out such stress and would really be that not good for you to move forward.

[Assface16678]

Mine was lack of information because If I had gotten the kind of information I have got now about Bitcoin earlier, I would have been part of investors that will own 1 Bitcoin by now because it happens that I met Bitcoin when it fucking cheap, was trading around $750- $900, I could remember buying $50 worth of Bitcoin and some Altcoins ,NEO ,and OMG then in 2017, but the bear market cut me up and so due to my lack of knowledge I sold and didn't bother coming back again until 2019 towards 2020.

That's unfortunate, well atleast ypu experienced buying and tradin bitcoin when its cheap and youve known bitcoin when its cheap, as for me I totally ignored bitcoin, when bitcoin is just starting I'm hearing about it from my friends and in social media but of course at my young age I ignored this stuff, simply I'm not money oriented that time, so I missed entering in bitcoin when it was cheap and I missed a lot of opportunity, I truly regret that, but it doesn't make me stop to invest in bitcoin I make myself interested in bitcoin and thankfully I manage to know the other methods of investing in bitcoin by doing DCA, yes I have missed the first bull run of bitcoin that make those og investors earn a lot, but its okay because now I'm earning through bitcoin and that is enough for me. and now I'm giving a chance to those new coins, altcoins, meme coins and shitcoins, when I saw that it has the potential to make me money then I risk on it, but of course not to all of it.

[tygeade]

if I could recall back, it was during the days of MMM, that was when I heard of Bitcoin,  I think that was in the year 2017, as at then I had zero knowledge of it, and due to the terrible experience I had with MMM, I thought it's one of this Ponzi scheme, so I just abstain, because after my the experience I got with MMM, I vow never to engage with any ponzi scheme again, so Bitcoin investment getting to my knowledge then, I just sees it as one of the new ponzi scheme that just came out, so that was how I missed the opportunity to invest in it earlier.

And during those days, technology hasn't gain popularity in my locality as of today, because we mostly sees anything done online as scam, and it all boils down to the experience we had with MMM, but with time, when technology start gaining more popularity and we start using it, that's when we start having regret that how we wish, we knew earlier.

A lot of "popular" projects made it a little bit famous, that was the case and I think it was really important to see that in the end. I feel like we are going to end up with some bigger days like that in 2024 as well, I just need to make sure that people could do better with time, and for that to mean something I have to say that we are going to end up with a lot better result.

Of course this isn't all that simple, sometimes it takes a while for that to mean anything, but that doesn't mean that we are going to benefit easily. I was way too late too, I got in early on but then I waited years to hold some, whenever I made some money, I sold and turned it into cash and kept zero bitcoins in the end, that is very sad unfortunately.