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Author Topic: What is the Biggest mistake you made with Bitcoin?  (Read 484 times)
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Today at 03:59:17 AM
 #81

This mistake of yours is also the mistake of so many people in the crypto space, so many people did not buy Bitcoin when the price was around $1 - $1k till $20k and as a matter of fact, many people bought Bitcoin when the price was $100k last year, that's when they probably hat the guts to buy some.
Many people didn’t buy bitcoin when the price was still so cheap, they didn’t believe bitcoin price will get to the price that bitcoin is right now and that was the reason why most people didn’t invest in bitcoin when the price was still low.

Just few people were able to invest in bitcoin when the price was so low, and some people didn’t even get to know about bitcoin early. Even right now there are some people that haven’t heard about bitcoin before, some don’t also have trust in bitcoin and they just observing bitcoin price. I didn’t get to know about bitcoin early, and when I knew about bitcoin, I wasn’t financially stable, but we can invest at any time, when it’s comes to bitcoin investment you can’t be late.

Besides those who did not buy Bitcoin when it was cheap because they did not trust it, there are also many people who bought Bitcoin at a low price but could not hold onto it until now. Many people had the opportunity to buy bitcoin at prices even below $1k, but they sold it after it doubled or tripled. Only a select few have been brave enough to hold onto them until now.

Overall, investing in a new currency and holding it for many year is not an easy task. Therefore, there is nothing to regret if we did not buy it sooner or weren't brave enough to keep it until now.
Furthermore, as long as the market exists and the price of Bitcoin continues to rise, opportunities are plentiful. So there is no need to regret what is already happened.

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Today at 05:43:25 AM
 #82

Not taking advantage of bitcoin early has to be my biggest mistake i made but reflecting on your mistakes isn't really going to solve anything. people that invested as early as 2010 have been able to get something substantial from it and most of them are established today. But bitcoin is still filled with more opportunities to come and it is smart to start accumulating as much as you can now so that you are not going to start another lane of regrets in the next 10 years from now  because at the time bitcoin would definitely do well

Learning from the past makes us more aware of the potential that Bitcoin had. I still regret not holding it long enough due to my own reasons, but I’m grateful that I still have another opportunity to buy Bitcoin. Long term investing is never easy and seeing the results today when Bitcoin breaking the $100k price, brings a certain pain to our memories. We probably asking ourselves questions like Why didn’t I buy it earlier? Why didn’t I just hold? Why was I wasting time playing games instead?

Looking for the next 10 years we could see Bitcoin become far more mainstream. Even today, many people still don’t know what Bitcoin is or how to buy it. This reminds us that the journey for Bitcoin is far from over and that opportunities may still available. Additionally, more countries will begin adopting Bitcoin as part of their national treasury strategies, further strengthening because its long term potential.

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Today at 06:13:20 AM
 #83

This mistake of yours is also the mistake of so many people in the crypto space, so many people did not buy Bitcoin when the price was around $1 - $1k till $20k and as a matter of fact, many people bought Bitcoin when the price was $100k last year, that's when they probably hat the guts to buy some.
Many people didn’t buy bitcoin when the price was still so cheap, they didn’t believe bitcoin price will get to the price that bitcoin is right now and that was the reason why most people didn’t invest in bitcoin when the price was still low.
Besides not believing in Bitcoin, I think another reason why many people didn't buy Bitcoin when it was still cheap in the Satoshi era was because they didn't have the money because they were still in school, or because they didn't have the knowledge about Bitcoin and blockchain technology at the time. I mean, if Bitcoin was still worth $1, I think everyone could have bought at least a few Bitcoins. Most people I know who regret buying Bitcoin are because they didn't understand its potential and couldn't see the future of Bitcoin. Because if it's just a lack of belief, I think if you have some knowledge about Bitcoin technology, there's no harm in buying at least one or two Bitcoins.

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Today at 06:56:06 AM
 #84

I can read most of the comments saying their greatest mistakes was not buying bitcoins earlier. My question to them is, were they ready then for the sacrifices then? All those who bought bitcoins earlier made sacrifices which many of us today will never make. Back then people criticised bitcoin alot. So many people were against it and it was quite difficult to see real potentials in bitcoin. Some who bought earlier either lost their bitcoins to scammers or sold out of panic because they were not really emotionally and psychologically.

I have no regrets that I am just getting started. I believe that if I had bought bitcoins earlier, I may not be able to keep up with it because I had very poor knowledge of bitcoin then. Right now I feel very well equipped, no mistakes yet and I do not see myself making any mistakes in the future.
not all was even all about sacrifices but also about awareness. Many people would have sacrificed a good amount of money they had at their disposal then if they had knew about the cryptocurrency much earlier, some people here have money they were not using and did not even know what to do with, many of such kinds of people would have invested it in bitcoin if they had a prior knowledge about the technology much earlier.
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