I was slightly convinced and somehow developing interest. But the whole idea of investing in an unknown virtual asset on the premise that it will gain 10,000% increase over the 10 years was completely a bad joke for me. I wanted to risk $1,500 but he was looking for $50,000 or nothing. The share formula was 30/70
If I were you, at that time, I would also think the same probably, wouldn't risk that very much money to invest in something that is digital, not real, moreover sometimes that is very new for me/ This is a high risk of course. If that was about $1500, it might be fine, but it was $50k. Wow, absolutely would think multiple times because this was very big money.
We don't know at that time whether the BTC price will be exactly increasing or not, rght?
But the time goes by, yes, the regret may be there. But, we can still have a choice And your choice to hold BTC for the next five years is a good idea. Actually I also have the similar plan, holding in 5 years period as playing iwth bearish and bullish era.
Just in time, people will think they are late for this investment. People think that they can no longer make good money just like how these early investors did. Apparently, that kind of mindset kells them off. We need to open our minds and instead of blaming ourselves, feeling regret, we neither think negatively, we have to move forward and invest right away. Wasting our time think how we miss this thing never helps, indeed it only makes us down.