The regret of early Investors or the regret you get for procrastinating

[Barikui1]

The above picture states very clearly the regret most Bitcoin investors are going through now.
I was just going through my telegram page when I bump into this in one of the crypto airdrop group, so I decided to share.

Most times as humans we feel more regret for the action we didn't take than the ones we took.
25 October 2011 he was happy that he didn't buy Bitcoin when it was $2.70, but comparing gap in price between then and now, is quite a lot to feel regretful.
So in my own opinion, now is not too late to buy Bitcoin because it's still in it early days, and am quite positive that in 10 to 20 years time from now, Bitcoin has the capability of doing 10x to 15x of it current price, so it is best to act now that the opportunity is still there.

[BitGoba]

It’s never too late to buy Bitcoin. The problem is that most people don’t understand Bitcoin or how the fiat monetary system works. You really have to dive deep down the rabbit hole and make a paradigm shift to break free from the fiat matrix and truly understand Bitcoin for it to click.

This is one of the best videos I’ve seen that explains in a simple way why it’s never too late to buy Bitcoin. I watched it myself, and everyone should watch it.

https://www.youtube.com/watch?v=ek-q3LpWNEg

[OcTradism]

Many people ignored Bitcoin years ago, did not buy it or they bought it but sold early too by panic and lack of belief in Bitcoin future. Bitcoin has been growing up a lot since 2009 and its present status is more solid than years ago, but there are always people who are panic, fearful and uncertain in the market. They are weak hands either as investors, speculators or traders.

They must know hundred of time "Bitcoin is dead" but Bitcoin has been never dead.
https://bitcoindeaths.com/
https://bitbo.io/dead/
https://99bitcoins.com/news/bitcoin-is-dead-again-what-does-it-mean/

[BIT-BENDER]

Most times as humans we feel more regret for the action we didn't take than the ones we took.
25 October 2011 he was happy that he didn't buy Bitcoin when it was $2.70, but comparing gap in price between then and now, is quite a lot to feel regretful.
So in my own opinion, now is not too late to buy Bitcoin because it's still in it early days, and am quite positive that in 10 to 20 years time from now, Bitcoin has the capability of doing 10x to 15x of it current price, so it is best to act now that the opportunity is still there.

I won't blame the guy too much because that was the early days of Bitcoin and anyone can easily not believe in it, and many of the people blaming him may not have seen the big future for Bitcoin back then.
But if he had the knowledge about Bitcoin back then the amount was low I will want to believe he still kept track on Bitcoin so if he miss Bitcoin at that price the. He should still have got in at anytime the price was low.

[Spinning99]

I won't blame the guy too much because that was the early days of Bitcoin and anyone can easily not believe in it, and many of the people blaming him may not have seen the big future for Bitcoin back then.
But if he had the knowledge about Bitcoin back then the amount was low I will want to believe he still kept track on Bitcoin so if he miss Bitcoin at that price the. He should still have got in at anytime the price was low.

Of course you can blame him, he did wrong and his thinking was wrong. You need good education to make good decisions, something that he did not have or people like him don't have. What can you do with a couple hundred or thousand dollars? Nothing!! You spend it fast, it is useless money. So is it better to risk this money going to zero for a chance to have life changing gains? Of course it is. You need to know how to analyze risk reward ratios, that is his mistake. I'd rather my current holdings go to zero than to miss out on changing my whole life.

[Smartprofit]

Reading old texts about early holders who bought Bitcoin is incredibly interesting! I remember reading a thread on this forum about a trader. He was actively trading Bitcoin and telling other forum members about his trading. Buying or selling 500 Bitcoins was a common thing for him. However, one day the price of the first cryptocurrency reached 100 US dollars. On that day, this trader, a smart and interesting person, literally went crazy. He announced that the bubble had burst, that Bitcoin had crashed and the price would soon fall to zero. I will never trade Bitcoin again - he wrote. Sell your cryptocurrency urgently! For me, this was a very instructive story. You need to believe in the prospects of Bitcoin, and it is never too late to buy it.

[Callido]

It’s never too late to buy Bitcoin. The problem is that most people don’t understand Bitcoin or how the fiat monetary system works. You really have to dive deep down the rabbit hole and make a paradigm shift to break free from the fiat matrix and truly understand Bitcoin for it to click.

It is never too late to buy Bitcoin, it may seem easy to say or compel those who didn't buy when the price was very low, but as at back then it takes a lot of conviction to consider buying Bitcoin. The purpose of Bitcoin formally was on currency valued not deeply into investment, it has exceeded its early stage of contradicting potential on whoever's buys, $2 worth of 1 Bitcoin is currently worth $100k, this is enough to convince a Bitcoin rebel to now invest into Bitcoin.

[rdluffy]

I got to know BTC in 2017 and obviously, like almost everyone else, I wish I had gotten to know it and invested earlier, in 2011 or 2013 who knows

But even when I did, I couldn't understand 100% what Bitcoin was and my first satoshis were bought with a lot of fear of losing money 
I bought something around 20 USD the first time and I was afraid it would devalue and I would lose money. At the time, that was a significant amount for me 

In my case, it wasn't even a question of procrastination, but rather my process of understanding BTC, getting some experience and then investing more and better

[avikz]

Most times as humans we feel more regret for the action we didn't take than the ones we took.

Yeah! I have one big regret when it comes to Bitcoin. I joined the bandwagon in 2012. During that time, even faucets used to give a good amounts of Satoshi for every action. Also signature campaigns used to pay huge amounts of Bitcoins as per today's value. So I was able to save up a decent amount.

But I had sold most of them in 2017 when I had purchased my first apartment to fulfill the co-pay requirement. As per today's value, it is more than my total mortgage.

I wish I could have kept my Bitcoins intact.

[coolcoinz]

Regret is a completely normal human behavior.

For instance, I regret not spending more time with my mother when she was alive, but I can't go back. I also can't go back to 2015 when I got my first bitcoin and buy more of it. I knew it was going to be big, did not know how big. That's why I appreciate the good decisions that I made. I'm happy that I held BTC and that I'm still holding it. I could have had more, but I'm still in a better situation than 99% of owners. I'm literally in the 1% of bitcoiners who own more than 1 BTC.

[BIT-BENDER]

Of course you can blame him, he did wrong and his thinking was wrong. You need good education to make good decisions, something that he did not have or people like him don't have. What can you do with a couple hundred or thousand dollars? Nothing!! You spend it fast, it is useless money. So is it better to risk this money going to zero for a chance to have life changing gains? Of course it is. You need to know how to analyze risk reward ratios, that is his mistake. I'd rather my current holdings go to zero than to miss out on changing my whole life.

Blame him for not buying Bitcoin at around 2$? I don't see why you should blame him. You might think it's just a few dollars but there are people who do not invest in what they don't trust regardless of the amount. I don't trust many low cap altcoins and some of them are below a dollar.
Because Bitcoin was very low then doesn't mean he must buy it. I still think you can only blame him when he did not get it later on when he saw the price going up. If he miss it at $2 he may have gotten it at $17 or anything below $20 which if held till now is a win.

[Spinning99]

Of course you can blame him, he did wrong and his thinking was wrong. You need good education to make good decisions, something that he did not have or people like him don't have. What can you do with a couple hundred or thousand dollars? Nothing!! You spend it fast, it is useless money. So is it better to risk this money going to zero for a chance to have life changing gains? Of course it is. You need to know how to analyze risk reward ratios, that is his mistake. I'd rather my current holdings go to zero than to miss out on changing my whole life.

Blame him for not buying Bitcoin at around 2$? I don't see why you should blame him. You might think it's just a few dollars but there are people who do not invest in what they don't trust regardless of the amount. I don't trust many low cap altcoins and some of them are below a dollar.
Because Bitcoin was very low then doesn't mean he must buy it. I still think you can only blame him when he did not get it later on when he saw the price going up. If he miss it at $2 he may have gotten it at $17 or anything below $20 which if held till now is a win.

I explained why he is at fault but you respond like you didn't read my post at all. It is good to risk $100 if the potential return is something like thousand times that 1000x or more. You are probably going to spend that $100 on some junk. Most people in the western world are wasting money all the time. It is better put into something, even very risky things like Bitcoin was back then.

[AVE5]

Worse of it from Nick the poster on the image is that he hasn't taken decision to buy bitcoin yet that's why he said he's alive but dead inside after Awyee humorously checked up on him after bitcoin has surged from $2.70 to what the market currently holds.
I guess AwyeeBitcoin's reply to Nick was a mimic after criticizing bitcoin at $2.70 in 2011.

Definitely Nick believed the downtrend of bitcoin then was the direction side of it to extinction getting to an end of it valuability. He has realized he's was wrong with his speculation or I should say instincts but yet not owning a portfolio yet that's why he said he's alive but dead inside. He might probably be one of those who tends to stick to their opinion of doubt or as saboteurs even when things have proven their doubts to be wrong.
I'm not expecting an argument to this if I say most persons around us such as relatives and friends are still acting like this Nick of a guy even after wards bitcoin has shown it reliance and profitablity.

[criptoevangelista]

Well, at that time, the vast majority of people didn’t even really understand what Bitcoin was for. If someone took the time to study it and understood that it’s an alternative financial system, a way to preserve purchasing power, everyone would just hold... but no, people insist on treating it like an asset, some kind of company stock. So of course, when the price goes up, they get greedy and sell everything, without even realizing that Bitcoin’s natural path is to keep multiplying in fiat terms over time.

[salad daging]

Well, at that time, the vast majority of people didn’t even really understand what Bitcoin was for. If someone took the time to study it and understood that it’s an alternative financial system, a way to preserve purchasing power, everyone would just hold... but no, people insist on treating it like an asset, some kind of company stock. So of course, when the price goes up, they get greedy and sell everything, without even realizing that Bitcoin’s natural path is to keep multiplying in fiat terms over time.

Because maybe they considered the use of bitcoin at that time as a fun coin, maybe he didn't read the whitepaper so he didn't know what the real use was in bitcoin.

At that time, maybe many people thought bitcoin was high - went up a little they immediately sold it and wouldn't buy, but over time they began to regret why they didn't hold it longer, but in this case I myself felt it in 2017 and sold bitcoin because it felt high.

And there's no need to regret it anymore, now there's still time to buy, it's never too late as long as bitcoin always records a high ATH record every cycle.

[bitzizzix]

The luckiest people are those who bought it at that time, then forgot about it and came back or remembered it after Bitcoin became a serious topic all over the world because its price skyrocketed and was hunted by investors. Even though its increase continued, those who bought at that time will not be followed by new investors when its price is very high in terms of profit and they will definitely become billionaires.

So even if you realize that you have Bitcoin at that time and do not forget about it, I am sure that when the price of Bitcoin reaches its highest price several times they will definitely sell it immediately because they are happy that Bitcoin gives them profits that may be beyond their expectations or they are afraid that the price will fall again and that will make them regret it. So we cannot conclude that those who owned Bitcoin at that time would not sell it when the price of Bitcoin continued to exceed its highest price, and another reason is because at that time Bitcoin was not yet popular and many people did not know and understand Bitcoin and it did not even cross their minds that Bitcoin would be something surprising. And for those who compare that time with now and say regret, that is just nonsense because if they realize having Bitcoin, the word regret will always be there when they sell it when the price of Bitcoin continues to rise and so on, so only very lucky people who have Bitcoin at that time and hold on until now or even in the future.

[Japinat]

Today’s chance will turn into another missed opportunity if procrastination will still be practiced. My advice is, don’t wait for bitcoin price to drop into its deepest dip, because we can’t tell really when we are going to witness that again, but start buying now through DCA, at least you don’t miss another opportunity again that would soon turn into a blast 5-10 years or more than that.

Regrets do not come first, but it’s always on the last, don’t let yourself fall into regrets again.

[Trout Mask]

I see the same thing all the time on Reddit; it's SO easy to look back with hindsight being 20/20, but REMEMBER:

MOST of these same people would have sold the second it started climbing anyway; they merely lost out a little sooner.

[Botnake]

It’s not wrong to find yourself regretting at first, but if for the second chance you find yourself regretting again for the same reason, then there must be something wrong with you. You don’t learn on your first given opportunity, so you end up doing for the second time.

Reality is, everyday makes a good buy for bitcoin. It’s up to you how you will manage your funds, but think of buying bitcoin as a compulsory as long as you have sufficient budget to buy. Or else, you will end up with the same regrets again.

[Spinning99]

MOST of these same people would have sold the second it started climbing anyway; they merely lost out a little sooner.

I keep hearing this yet I know plenty of holders who have been holding since $100 or less. It depends a lot on whether you got Bitcoin because of knowledge and conviction or not.