Post
Topic
Board Bitcoin Discussion
Re: Why I Disliked Bitcoin
by
Yatsan
on 08/12/2022, 23:44:07 UTC
I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.
Wow!! I'm really amazed to hear what you just said Sir. Because if you who joined the Bitcoin journey far back in 2013, could be referring it as late, so what will people who joined in 2019 till date then say? Because to be frankly speaking, it's actually a privilege having you still active on the forum as a pioneer of Bitcoin & forum since 2013 till date (i.e 9years later). Because if only you had bought just $100 Worth of Bitcoin back then in June 2013, by today you would have been on a steady cashout of a whopping $17,000 (1 BTC)

Good for those who do able to held up for long but we know that all did really be able to do so and some of them did really be able to sell out on the time that it had increase its price for 100% or more.

Being pioneer doesnt really mean that they do always have that positive experience and some of them cant really be able to get out with that kind of deep inside regret that they should have got a good hold

with their coins. No one really knows on what would be the future looks like and this is where we do really miss out those golden opportunities and doesnt matter
if you are a pioneer or not since action results will really be depending on how you had able to make out such step.
Actually, being a pioneer should made someone aware of the advantages and disadvantages of something, perhaps bitcoin in this instance. Being too optimistic about a certain investment will never be advisable especially if the 'downside' is really obvious because gauging and measuring actions regarding investments would be affected. We don't need to gaslight this technology's flaws such as market price volatility, inaccessibility across majority of countries and more. On the other hand, we can make an advantage out of disadvantage such as with the volatility wherein it made cryptocurrencies profitable as an investment. Another thing is ATH breakage; if you're an old dude in this industry, you can create patterns inspite of inconsistencies.