Quote from: LUCKMCFLY on January 28, 2022, 03:27:17 PM

Quote from: xSkylarx on January 27, 2022, 01:16:03 AM

Quote from: Finestream on January 26, 2022, 11:50:36 PM

Quote from: virasog on January 26, 2022, 06:19:31 PM

Quote from: Dripstoil on November 06, 2021, 12:38:57 PM

You've heard of people who had early opportunity with the Bitcoin but missed it? Well, I'm probably one of them.

Many people have missed their first chance to enter in the crypto market because they do not calculate the potential of this market. That is perfectly ok as no one had thought few years back, that bitcoin can grow so big in the coming years. But now we know the potential of bitcoin so we should now take entry in the bitcoin so that in 2030, we are not among those who would be saying that they missed the bitcoin under 50K which is now trading at 10 or 20x higher prices.

I think the same scenario will probably happen ten years from now. People will still regret that they have missed chances to invest in bitcoin and now they are not making huge profits from it. But IMO, people will not learn from all their wrong decisions unless they see bitcoin in a very high ATH. So it will be an eye opener for all to never disregard bitcoin as its value will always bound for a higher ATH in every year that comes.

The only problem is that the price of bitcoin is not the same as it was 10 years ago, when it was extremely cheap and anyone could afford it; now it is extremely difficult to purchase one if you do not have enough money; however, it is highly likely that this scenario will repeat itself, so it is best to invest sooner rather than later. Some people will learn from their mistakes, but others will not. If we make a mistake, we should assess it and figure out how to avoid making the same mistake again. This is the key to gaining valuable experience and achieving our goals.

Well even though the value of BTC is not the same as it was 10 years ago, people who have had BTC can have it again, because they know how they can get it and so they can start from scratch, in Jesse Livermore's books, he became millionaire and then he was bankrupt, but on two occasions he managed to become a millionaire again, it is that money is made thinking, if for some mistake everything is lost in one move, you have to work very hard to get there again, that is law, I think that every human being has that capacity.

Failure is not the reason to give up but its there to motivate you to rise up again. So it does not matter if we missed opportunities and fail in our first attempts, as long as we are able to recover from that and do the right thing now. And now the right thing to do is to start investing as prices will always grow in time. When you look back 10 years from now, at least you can say to yourself that i have done my best and now its time for me to reap the fruit of my hard work.