Re: The regret of early Investors or the regret you get for procrastinating
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Most times as humans we feel more regret for the action we didn't take than the ones we took.
25 October 2011 he was happy that he didn't buy Bitcoin when it was $2.70, but comparing gap in price between then and now, is quite a lot to feel regretful.
So in my own opinion, now is not too late to buy Bitcoin because it's still in it early days, and am quite positive that in 10 to 20 years time from now, Bitcoin has the capability of doing 10x to 15x of it current price, so it is best to act now that the opportunity is still there.
Well, you are right that it's not too late to buy Bitcoin. However, if you will ask me if I will be buying Bitcoin right now and will hold for the long term, I would immediately say no. Most times as humans we feel more regret for the action we didn't take than the ones we took.
25 October 2011 he was happy that he didn't buy Bitcoin when it was $2.70, but comparing gap in price between then and now, is quite a lot to feel regretful.
So in my own opinion, now is not too late to buy Bitcoin because it's still in it early days, and am quite positive that in 10 to 20 years time from now, Bitcoin has the capability of doing 10x to 15x of it current price, so it is best to act now that the opportunity is still there.
I'm pretty sure that isn't the only person who experienced the same thing, and it's completely fine because back then, Bitcoin was a new technology. Bitcoin back in 2011 is just the same as those new meme coins that are popping out of nowhere. They aren't the same in terms of the project, but the trust of people are the same. They can't simply trust a coin that's just new, and those who risked their money buying Bitcoin back then are the ones that are reaping the most profits... only if they held until now, but if they sold very early then they'll feel disappointed for sure.
The right time to buy Bitcoin is during the bear market. That's the time where intelligent investors are buying Bitcoin for the long term. For me, there's no benefit in dwelling in the past it's the past already, and we can't control it anymore. What we can control now is the present and our future.
