Quote from: umbara ardian on November 30, 2023, 08:03:27 AM

While dwelling on past mistakes can be disheartening, it is crucial to acknowledge and learn from them. The missed opportunities to accumulate Bitcoin in the past may serve as a source of regret, but it is essential to channel this emotion into positive action.

Rather than fixating on what could have been, focus on the present and the opportunities that lie ahead. Bitcoin remains a valuable asset with the potential for significant growth. By seizing the opportunity to accumulate Bitcoin now, you can transform your past regrets into a catalyst for future success.

Instead of allowing past mistakes to paralyze your progress, use them as a powerful motivator to make informed decisions today. Embrace the lessons learned and channel them into a proactive approach to wealth accumulation.

I also believe that one of the most important considerations of the past is to figure out if there is something that can be learned from it in regards to your own management of your finances and/or your management of your knowledge and psychology and putting whatever might be your knowledge of your situation into action.

For sure each of us have made mistakes along the way, yet we hardly are going to know about our mistakes by merely assessing what the BTC price ended up doing as compared with what we thought that it might end up doing, because we are never really going to know the answer to those kinds of questions in advance, yet even if we have in perfect information we can consider the various directions that bitcoin might go and consider how extreme it could become in either direction, and then within reason attempt to prepare for either direction and the intensities.

From the start of my journey of investing into BTC, I had an investment thesis that involved ongoing accumulation of BTC, and sure if the price was going down then I was considering that it was good to buy the dip because I was lowering my investment cost, yet the BTC price kept dipping, and really it took a couple of years for my average cost per BTC to get back into profits and it even took more than 3 years for the first BTC that I bought to get back into profits and to stay there.

There were mistakes made at each of the stages, but even when I used to spend bitcoin or to send some bitcoin to others (as introductory gifts), I would frequently replace whatever I had spent, and I would also try to replace an extra amount, such as 5-10% more than I spent so that my BTC stash was continuing to grow in terms of number of BTC, but not necessarily in terms of its dollar value or it being in profits (at least not in the early years).

Even if I can see various places along the way that I made mistakes, I would also try to make corrections along the way too, and there were likely somethings that took me longer to correct than others, since each of us likely have certain kinds of habits, and maybe we can ONLY make changes within a certain number of changes at any given time.

Even when I see the number of bitcoin that I gave away, it is hard to have regrets about that, even when I see people who totally were not worthy to receive bitcoin, but then at the same time, it can be difficult to know whether my bitcoin interaction with them had maybe later caused them to have some knowledge and memory of bitcoin that might have had caused some of them to be more receptive to bitcoin at later dates (and some of them I cannot ask because I am no longer in contact - coming upon 7-9 years later.. if talking about some of the earlier stages in which I was giving away bitcoin was within 1-3 years after I first stared using bitcoin, but it was not really in my very first year of bitcoin.. and I did revert to some giving away of bitcoin later on in my bitcoin journey in the past couple of years.., but then even in the middle, sometimes I considered some of my bitcoin transactions to be kinds of charity (even though I got something out of it on my end), so maybe part of my point is that my interaction with bitcoin and even how I interact with others in regards to bitcoin has taken various changing forms through the years, even with some of the last year and a half or so with my trying to learn about using lightning network wallets... and for sure I do not claim to be a very technical person, but sometimes just having a bit more than 10 years into bitcoin does contribute to learning about various bitcoin-related technical things along the way.