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Author Topic: Some people were smart 10 years ago, some were not...  (Read 12500 times)

Offline Mr. Magkaisa

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Re: Some people were smart 10 years ago, some were not...
« Reply #60 on: June 28, 2024, 05:24:20 PM »
         -    Well, he was not wrong in his prediction, and now it is around 60 000 dollars more than one bitcoin. Maybe the woman who interviewed him today is all sorry for the prediction; she said she wished she had believed Tim Draper.

I noticed in the woman's smile that she doubted Tim Draper's prediction, and many people before didn't believe in the Bitcoin price that it could reach. But now the people who doubted bitcoin before are now tripping over how to have it.

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Re: Some people were smart 10 years ago, some were not...
« Reply #60 on: June 28, 2024, 05:24:20 PM »

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Offline Fivestar4everMVP

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Re: Some people were smart 10 years ago, some were not...
« Reply #61 on: June 28, 2024, 08:49:55 PM »
10 years ago a man appeared on a TV program in the US and boldly said that 1 BTC will be worth at least $10 000 in the next 3 years. Many laughed at him and looked at him strangely after that, but the man always had a nose for such things and was actually right.

Around the same time, one of the most famous investors in the US declared that Bitcoin is "mirage", and a few years later he stated that BTC is “probably rat poison squared”.

What is the lesson of the story? Sometimes you should not blindly listen to those who are "successful", but to those who are perhaps a little less successful, but always follow new technologies and understand their potential.

Fortunately, in 2014 I didn't listen to Warren Buffett but to Tim Draper ;)
I completely agree with all that you said, it's all true to be honest, less successful people still have zeal to become very successful, and for this reason, they are out there looking for opportunities that will possibly get them to their next level of success.
Meanwhile, the already successful people always feel like they have arrived at their busstop.They feel that nothing else out there works except for the things they are into, they often feel that no new technology will be successful any more aside the ones that have been which they are already familiar with, and for this reasons, it's actually a bad idea to listen to such people.

Personally, it's the same for me just as you have said it, I listen and learn from those who are less successful and striving to get to the top, this ones are always open minded to new inventions and opportunities, they are the best people to learn from.
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Re: Some people were smart 10 years ago, some were not...
« Reply #61 on: June 28, 2024, 08:49:55 PM »

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Re: Some people were smart 10 years ago, some were not...
« Reply #62 on: June 28, 2024, 09:25:52 PM »
In today's time where people have easy access to the internet and are more aware of the crypto world than compared to 10 years ago, still people can't trust Bitcoin and have many trust issues if you talk to people about investing in Bitcoin they clearly say that don't waste your time on Bitcoin then imagine 10 years ago where there is less awareness among people how they can come to Bitcoin. This is a blessing that at the time few people trusted Bitcoin and now we have such a great and potential asset.
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Offline Jamal Aezaz

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Re: Some people were smart 10 years ago, some were not...
« Reply #63 on: June 28, 2024, 09:27:10 PM »
It depends on what strategy you use, if you think that DCA is not efficient enough at the moment on Bitcoin, then you can ignore it and move on to an altcoin that has higher upside potential.

But when the price of bitcoin also starts to drop significantly, it will be an opportunity to start re-entering.
All Altcoin prices are also determined how Bitcoin moves, if bitcoin dumps then all altcoins will also be dumped.
Most importantly, prepare your FIAT to start buying again.

Actually no one can force another person and if a person thinks that the DCA method is not good for him and he cannot bear the buying process of Bitcoin again and again then there is no need to put yourself in trouble and invest the amount which you can easily afford.

Altcoins profit is also good but it is not guaranteed so it depends on your decision but altcoins will put you in a stressful situation while Bitcoin provides you profit if you have tolerance. Accumulation of money should be started at an early age and when your learning period ends then do investment in profitable coins during profitable conditions and continue without worrying about the dip.
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Offline Captain Corporate

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Re: Some people were smart 10 years ago, some were not...
« Reply #64 on: June 28, 2024, 10:22:33 PM »
I was one of the not smart ones, but it happens and instead of just regretting it, its better to just keep on trying to do better. I will also suggest people that just because you missed bitcoin, do not try to join some other silly token that says "you missed bitcoin, don't miss this one", because that's a marketing scheme and most likely that one will not be anything like bitcoin at all. Reality is that these days things that go up a lot, start at a lot too, and that means nothing goes from just a few cents or dollars into tens of thousands of dollars like bitcoin did, hence do not rush into any of them ever.

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Re: Some people were smart 10 years ago, some were not...
« Reply #65 on: June 29, 2024, 08:16:57 AM »
In today's time where people have easy access to the internet and are more aware of the crypto world than compared to 10 years ago, still people can't trust Bitcoin and have many trust issues if you talk to people about investing in Bitcoin they clearly say that don't waste your time on Bitcoin then imagine 10 years ago where there is less awareness among people how they can come to Bitcoin. This is a blessing that at the time few people trusted Bitcoin and now we have such a great and potential asset.
Bringing up past predictions, even if Bitcoin is currently worth zero, these predictions will not make the person look smart... I'm sure this is like the cartoon The Simpson which is quite famous for its predictions.... what you need to know is that , many predictions were made by The Simpson, but only a small part of them looked like reality and amazed many people. Predictions that don't come true are always ignored and don't reduce the rating of the future guessing cartoon.

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Re: Some people were smart 10 years ago, some were not...
« Reply #66 on: June 29, 2024, 11:56:07 AM »
In today's time where people have easy access to the internet and are more aware of the crypto world than compared to 10 years ago, still people can't trust Bitcoin and have many trust issues if you talk to people about investing in Bitcoin they clearly say that don't waste your time on Bitcoin then imagine 10 years ago where there is less awareness among people how they can come to Bitcoin. This is a blessing that at the time few people trusted Bitcoin and now we have such a great and potential asset.
Bringing up past predictions, even if Bitcoin is currently worth zero, these predictions will not make the person look smart... I'm sure this is like the cartoon The Simpson which is quite famous for its predictions.... what you need to know is that , many predictions were made by The Simpson, but only a small part of them looked like reality and amazed many people. Predictions that don't come true are always ignored and don't reduce the rating of the future guessing cartoon.
Isn't it true that no one can predict accurately, because the character of bitcoin is always volatile and the factors that determine prices are demand and supply. Everyone can predict and can have confidence in their decisions, but the market will play its role as a determinant of price increases or decreases.

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Re: Some people were smart 10 years ago, some were not...
« Reply #66 on: June 29, 2024, 11:56:07 AM »


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Re: Some people were smart 10 years ago, some were not...
« Reply #67 on: June 29, 2024, 12:08:59 PM »
The truth is that, what works for one might not work for the other and that’s to say, that as at then you were fortunate to listen and follow the path of bitcoin and glory it was great and sole wither persons like myself, who found bitcoin when everything seemed like a scam don’t also have to regret because everything was some sort of lessons and slot of persons who also knows and believes in bitcoin didn’t even gain from this whole bill run and you also don’t have to also blame them because everything definitely works for good
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Offline SmartGold01

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Re: Some people were smart 10 years ago, some were not...
« Reply #68 on: June 29, 2024, 12:31:21 PM »
The truth is that, what works for one might not work for the other and that’s to say, that as at then you were fortunate to listen and follow the path of bitcoin and glory it was great and sole wither persons like myself, who found bitcoin when everything seemed like a scam don’t also have to regret because everything was some sort of lessons and slot of persons who also knows and believes in bitcoin didn’t even gain from this whole bill run and you also don’t have to also blame them because everything definitely works for good
Sincerely mostly people weren't smart enough to understand that bitcoin was so real at then but due to ignorant and lack of knowledge they never invested, hence where seeing it as scam but after several years they still found out that bitcoin still moving stronger and greatly without any compelling reason to pull it down, even the so called government tried all they could to have to control over it but due to it decentralized nature makes it impossible for them to control it.

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Re: Some people were smart 10 years ago, some were not...
« Reply #69 on: June 30, 2024, 07:35:06 PM »
The truth is that, what works for one might not work for the other and that’s to say, that as at then you were fortunate to listen and follow the path of bitcoin and glory it was great and sole wither persons like myself, who found bitcoin when everything seemed like a scam don’t also have to regret because everything was some sort of lessons and slot of persons who also knows and believes in bitcoin didn’t even gain from this whole bill run and you also don’t have to also blame them because everything definitely works for good
Sincerely mostly people weren't smart enough to understand that bitcoin was so real at then but due to ignorant and lack of knowledge they never invested, hence where seeing it as scam but after several years they still found out that bitcoin still moving stronger and greatly without any compelling reason to pull it down, even the so called government tried all they could to have to control over it but due to it decentralized nature makes it impossible for them to control it.
Yes, at the beginning of Bitcoin, many people were launched and considered it a fraud, because of the lack of knowledge. I was previously doubtful with Bitcoin, but after trying to invest in Bitcoin and enjoy the results, I finally invested in Bitcoin for more than 7 years. This is a process, and many experiences that occur even at that time the government blocked Bitcpoin in several countries, but eventually they allowed Bitcoin as an investment.

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Re: Some people were smart 10 years ago, some were not...
« Reply #70 on: June 30, 2024, 08:25:12 PM »
Sincerely mostly people weren't smart enough to understand that bitcoin was so real at then but due to ignorant and lack of knowledge they never invested, hence where seeing it as scam but after several years they still found out that bitcoin still moving stronger and greatly without any compelling reason to pull it down, even the so called government tried all they could to have to control over it but due to it decentralized nature makes it impossible for them to control it.
Yes, at the beginning of Bitcoin, many people were launched and considered it a fraud, because of the lack of knowledge. I was previously doubtful with Bitcoin, but after trying to invest in Bitcoin and enjoy the results, I finally invested in Bitcoin for more than 7 years. This is a process, and many experiences that occur even at that time the government blocked Bitcpoin in several countries, but eventually they allowed Bitcoin as an investment.
It is good to see that you venture the market on time and made investment although not all of those who invested at 7 years ago still holds their bitcoin till date. Many people who invested then were tempted by the price when bitcoin create new  ATH and I am shock to see you still hold. It was quite unfortunately I didn't start then and I am not luck to have bought when it was too cheap far way back to 2015 to 2018.

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Re: Some people were smart 10 years ago, some were not...
« Reply #71 on: June 30, 2024, 08:35:21 PM »
I think there are a lot of people who have no idea what they are criticizing.There are many people who invested in this bitcoin, they sold it at a very low price. If it had held until now, it would have owned a large amount of money.There are many things in life where you have to lean, if so, then you have to be fully prepared to take risks.Again, many people do not understand this investment yet want to invest.They are the ones who do not like to take risks.

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Re: Some people were smart 10 years ago, some were not...
« Reply #72 on: June 30, 2024, 09:47:07 PM »
-snip-
It was quite unfortunately I didn't start then and I am not luck to have bought when it was too cheap far way back to 2015 to 2018.
2015-2018 was the time when Bitcoin started to grow, and then it was very volatile because I was in those years.
Had bought quite a lot and finally gave up when selling Bitcoin as ATH 2018 at $17k, it was already a very high price in my opinion at that time.

But looking at now, the price of $17k will never be seen again.
Regret it or not, certainly not because it was part of my journey in crypto and is a success story to date.

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Re: Some people were smart 10 years ago, some were not...
« Reply #73 on: July 01, 2024, 08:12:34 PM »
-snip-
It was quite unfortunately I didn't start then and I am not luck to have bought when it was too cheap far way back to 2015 to 2018.
2015-2018 was the time when Bitcoin started to grow, and then it was very volatile because I was in those years.
Had bought quite a lot and finally gave up when selling Bitcoin as ATH 2018 at $17k, it was already a very high price in my opinion at that time.

But looking at now, the price of $17k will never be seen again.
Regret it or not, certainly not because it was part of my journey in crypto and is a success story to date.
Exactly, the more people talk about Bitcoin, the more it makes the price of Bitcoin very expensive. The beginning of the Bitcoin price movement was around 2015. After that, with a very short time in 2021, it could reach the latest ATH and currently 2024 is also printing its newest ATH. This shows that Bitcoin has a bright future.

No one will let Bitcoin price fall to $17k. It might take really bad news to cause whales to sell Bitcoin cheaply and market conditions go haywire. Everything collapsed and it seemed like chaos like that wouldn't happen until the end of the world.

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Re: Some people were smart 10 years ago, some were not...
« Reply #74 on: July 01, 2024, 08:41:24 PM »
The truth is that, what works for one might not work for the other and that’s to say, that as at then you were fortunate to listen and follow the path of bitcoin and glory it was great and sole wither persons like myself, who found bitcoin when everything seemed like a scam don’t also have to regret because everything was some sort of lessons and slot of persons who also knows and believes in bitcoin didn’t even gain from this whole bill run and you also don’t have to also blame them because everything definitely works for good

Anytime people talks about how thrill they would have been if they have had the opportunity to buy Bitcoin but the truth is that the price of Bitcoin didn't just jump from $100 to $62k, it has had many all time all high in the past and considering how it was the new thing to make money, many people would be quick to sell their Bitcoin the moment it hit the highs of $10k back then.

You might not be lucky then but you are alive today and that is a thing to give glory about. It's never late to buy Bitcoin, kindly buy the amount you know you can afford to buy according to your budget, nobody knows what tomorrow price will be because even today, only few people were optimistic about this high price we have seen today.
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