Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception.
Bitcoin is always on the market, we only need money to be able to own Bitcoin and also be able to hold it better for the long term.
You really make me laugh by this your statement here, I mean your statement I made bold, yea it's quite true that you can still buy Bitcoin today and start your accumulation journey,
but what I totally disagree with you is when you said that their is no regrets in not buying Bitcoin earlier, bro, stop trying to make yourself feels better, No their is always a regret especially when you are aware of it earlier, or are you trying to tell me that you didn't wish you invested in Bitcoin earlier, especially in the early days when it was still in the range of 100 dollar?
Since none of us can turn back the clock, we have to start to act from today. Yes, we might feel some regret that we did not start buying bitcoin earlier, yet we ONLY have today, and if we start today, there will likely be a time in which we look back and say "I am sure glad that I started buying bitcoin on November 3, 2024 (or whatever might end up being the date?)" The sooner the better, and even the sooner that we start looking into how do I get started and how can i make my first buy, the better. Frequently, it can still take a bit of time to figure out how to source our first bitcoins while we are figuring out other aspects in regards to initial storage set up and perhaps converting that down the road too... So yeah, just getting started does seem to start from a time that is "as soon as possible" and probably better today rather than tomorrow, and yesterday is no longer a choice.. .so whether we have regrets about yesterday or not, we still may well need to consider that our actions can ONLY be done from today, and getting started and budgeting time for doing whatever we can in regards to bitcoin may need to be moved up in our priorities...so that we can get started as soon as possible and not have regrets in regards to what we are doing today, even if we may or may not have regrets about what we did or failed to do yesterday.
Sincerely speaking, if you say that you didn't wish you invested earlier, especially when it price was still $100 to 1k bro you are not being sincere, because their is always a symptom of regret mostly when you got the information or knowledge earlier and you didn't take it, though it's not that late to invest in Bitcoin, because it still has the capacity of doing 10x to 20x of it current price in like 10 to 20 years time from now, so in essence of what am trying to say is that their is always a regret, when you Miss a golden opportunity, like you are aware of it, but you didn't take the opportunity, that's where the regret mostly lies.
Hopefully, we are not using any regrets that we have in negative rather than positive ways, and even if we might have some regrets about the past, there is a certain inability to do anything about our past actions except to figure out if there might be something that we might need to do today in order that in the future we are not regretting our actions and/or our failures to act today.
It is not always obvious what the action should be, except we know that historically in bitcoinlandia, it has been better to buy bitcoin sooner rather than later, yet so many folks 1) have trouble figuring out what actions to take today, and 2) get worried that if they get started buying bitcoin today that they will end up buying at the top and then end up being exit liquidity for someone else.
Surely many of us likely realize that when we get started in bitcoin, we can merely start out buying $10 worth of bitcoin, so one of the main things is just figuring out whether we have $10 of disposable income that we are able to put into bitcoin, and so if we can figure out that we have $10 that we can put into bitcoin, then we should get the fuck started and figure out how to source our bitcoin, which also could take a bit of time to either set up a private wallet so we can receive the bitcoin and/or to start to establish some accounts on exchanges to be able to source our bitcoin through exchanges, and once we start acquiring bitcoin, we are not necessarily locked into our original way of sourcing our bitcoin, and so it could still take us quite a bit of time and investment just to figure out some of the basics in regards to sourcing our bitcoin, yet the mere fact that we may well have to do some work in regards to sourcing our bitcoin (and holding it), we still should not be discouraged in regards to getting started and figuring out our time, energies and value budget.. so that hopefully we will not have regrets in the future, even if we might ONLY start out with $10 or maybe we start out with $100 per week, and while we are figuring out the details the weeks are going by, so perhaps we are better off to be investing (buying) the $100 per week while we are trying to figure out whether we are going to stick through our ongoing accumulation of bitcoin or if we might end up giving up and/or having regrets later down the road?
Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception.
I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
I would agree with you because if an investor can master the strategy of holding bitcoin he can be a very successful investor. Investment risk can be high among newbies if you can easily understand the level of potential risk while investing and do DCA regularly the chances of losing can be reduced to a great extent. Yes, many gamblers may have achieved a lot of success by holding for the long term according to your opinion and at the same time there is a trend of consistent buying among them.
Another point I would like to add to your opinion is that the key to long-term Bitcoin investment success is when you can regularly run DCA and have a single buying trend during each price correction period. A single purchase will increase your chances of getting more bitcoin holdings at the same time.
The truth of the matter is that the longer that any of us accumulate BTC through a DCA method (even if we don't call it DCA), then the less any particular purchase of BTC is going to make any kind of meaningful difference. In the longer run, our ongoing stacking of bitcoin ends up adding to be a lot of bitcoin, even though the incremental parts are likely not going to add up to very much.. except if we are looking back 4-10- years or longer,. we are likely going to recognize and appreciate that many of the BTC that we had accumulated in our first cycle (our 1st 4 years) ended up being a great bargain, whether we bought them at the top, bottom or the middle of the price.. and since we have almost no fucking way to figure out if we are at the top, bottom or middle of the price range, it is likely way better that we just keep buying rather than spending much if any energy trying to figure out where the BTC price might be going... just lock in our BTC buys on a regular, persistent and consistent basis, so that later down the road, we are going to have way better chances of appreciating our own earlier actions rather than regretting.
I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin.
Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin.
You are correct. Many times bitcoin investors come to realize that it is better to just ongoingly, persistently and consistently buy bitcoin rather than screwing around trying to figure out whether there is a dip or might be a dip, and sure it might make some of the newbie investors feel better to be buying bitcoin on the dip, yet it is still likely going to end up paying off way more for the newbies to develop a personality and a habit to be buying bitcoin persistently, consistently and ongongly at least for a whole cycle and perhaps even longer than a whole cycle depending on their financial situation and/or whether they are able to front load their BTC investment.