Quote from: AicecreaME on Today at 06:34:12 AM

Quote from: Tim-BTC on August 21, 2021, 04:01:01 AM

In recent years, more and more people have started to talk about Bitcoin with me, and the most common words are:

1. I started paying attention to it many years ago, but unfortunately I didn't buy it.
2. I bought it before, but it was a pity that I got off too early.
3. I should have listened to you at that time, buy some.

In fact, just one sentence: missed it.
Why didn't most people expect Bitcoin to be as brilliant as it is today?
In my opinion, the key reasons that make you miss the Bitcoin opportunity are actually the following aspects:

1.Whether the information is unobstructed.
This one determines your vision and insight.
In fact, most of the channels for people to obtain information are from the circle of friends, and a few are from themselves and have excellent qualities that love tossing.
The level of your circle of friends can determine the quality of the information you get.
If no one tells you, or if you happen to pay attention to cutting-edge technology, it is impossible for you to hear about Bitcoin. You can't search for relevant information on search engines, after all, you can't search for something you don't know at all.

2. Resolution
The more information, the stronger the resolution needed.
It may be better if it is a field that you have always understood, but if it is a field that you did not know before, can you distinguish it correctly?

3. Whether the investment capital is idle？
If the money you invest is from a loan, you will check your account balance every day. Short-term fluctuations will make you not hold it for long. Only after you invest and forget the existence of the money can you hold it for a long time.

4. Mindset and boldness.
No matter what the investment is, it is normal to have ups and downs, ups and downs.
Buffett said that he is fearful when others are greedy, and greedy when others are fearful.
The question is when everyone is afraid, do you really have this mentality to stick to your own opinions? Does the conclusion you insist on must be correct? For example, when Bitcoin crashes 80% for the first time, can you be indifferent, and will double up after being determined, instead of thinking that this is just a scame, and now it’s crashing?

If time goes back 10 years and give you another chance, will you really take out your real money and buy it when Bitcoin is still considered air?
If you are given another chance, will you really insist on not selling after you have made several times the income and hold it till today?
If you were to give you another chance, would you really listen to my advice and allocate a bit of Bitcoin as an asset?
No, you still won’t. After all, I'm not an expert, because you don't believe that the future of Bitcoin will exist like a sea of stars.

It's really common to encounter these kind of statements from other people that have missed the opportunity to buy and invest in bitcoin. I guess big and many "what-if's" have been occuring to them whenever they hear or see anything related with Bitcoin. It's a natural and valid feeling after all. The emotion of regret and what could have been's running inside their head because they didn't anticipate bitcoin would be this big.

I really cant blame them also for not risking into something that's beyond their appetite. I guess we just really have our own tolerance of risk. We just gotta accept whatever the consequence it may bring after doing the final decision. You see, risking comes with a reward or loss. Hence, you must think thoroughly before entering. Maybe back then, they really don't see Bitcoin's potential. A lot of people actually didn't see this coming since there are a lot that already get off even before it skyrocketed.

Still, the bottomline would be risk what you can afford to lose. That way you won't be hurt when things go haywire, and you could be rewarded if things go smooth.

I miss Bitcoin very much. Because I am a crypto investor I have invested a lot of money in Bitcoin. On which I live but I can't touch that bitcoin. Or can't take it in hand. This is why I miss Bitcoin so much. Hopefully Bitcoin won't ruin my faith. It is more difficult to set up a bitcoin bank in our neighboring country. But Bitcoin has not been legalized in our country till now.