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Author Topic: Some people were smart 10 years ago, some were not...  (Read 12415 times)

Offline legend45

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Re: Some people were smart 10 years ago, some were not...
« Reply #120 on: August 22, 2024, 10:13:13 PM »
Smart + believe + lucky.
Yes, because not all smart people at that time really believed in Bitcoin. Even until now, many smart people still deny and are not interested or do not believe in Bitcoin. That is why, more than those who believe in Bitcoin, they are also covered with various fortunes so that they can really be strong to fight from the beginning with Bitcoin. They are the highest believer of Bitcoin. Because if I personally could not have been like that at that time.
I agree with your opinion, they are smart people who are lucky enough to believe in bitcoin when it was launched and buy it in large quantities. I am not a lucky person because I still do not believe in bitcoin at that time.
I only get free bitcoin from faucets and rush to sell it. It really seems like an unlucky person to get rich if you want to hold it until now.
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Re: Some people were smart 10 years ago, some were not...
« Reply #120 on: August 22, 2024, 10:13:13 PM »

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Offline salad daging

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Re: Some people were smart 10 years ago, some were not...
« Reply #121 on: August 22, 2024, 10:28:19 PM »
I got to know bitcoin when the price was already expensive, not when bitcoin was first launched. Maybe if I had known it earlier I could have bought bitcoin at a cheap price, unfortunately the information to me about crypto especially bitcoin came too late so that when I got to know it the price of bitcoin was already high. Maybe I was not part of the smart people 10 years ago, but part of the people who were late to know bitcoin.
If I'm not late with bitcoin information but tempted by momentary gains so that after selling I don't buy again and when it's high I just buy, that's what used to happen a lot, you could say FOMO because I saw the price of bitcoin.

but now trying to stay consistent, if not then it could be selling again when the price is down or not selling at the right time, I'm trying to maintain BTC now, still confident of $100K.

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Re: Some people were smart 10 years ago, some were not...
« Reply #121 on: August 22, 2024, 10:28:19 PM »

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Offline taufik123

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Re: Some people were smart 10 years ago, some were not...
« Reply #122 on: August 22, 2024, 11:17:33 PM »
i understand that during the early times it might have been hard to believe but not if you are still not a believer of bitcoin then there is nothing convincing you the opportunity proposes itself in front of you all you need to do is take it
I myself had a beginning to know bitcoin, still very doubtful whether bitcoin could give me profits or not.
But after buying and collecting it for the long term, I started to make tremendous profits.
That became the point where everything changed, and I really believe in bitcoin.

Offline satpol_PP

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Re: Some people were smart 10 years ago, some were not...
« Reply #123 on: August 23, 2024, 07:36:34 PM »
i understand that during the early times it might have been hard to believe but not if you are still not a believer of bitcoin then there is nothing convincing you the opportunity proposes itself in front of you all you need to do is take it
I myself had a beginning to know bitcoin, still very doubtful whether bitcoin could give me profits or not.
But after buying and collecting it for the long term, I started to make tremendous profits.
That became the point where everything changed, and I really believe in bitcoin.
At the beginning I knew bitcoin also doubted, is it true that this will make us get profit. Especially when bitcoin was launched we read a lot of negative news about bitcoin and the government also banned it. but I tried to buy and hold bitcoin and get profit like you, this is something extraordinary. Although a little disappointed why I did not hold more because the price of bitcoin at that time was still cheap, but I am still grateful because I enjoy the profit from bitcoin.

Offline taufik123

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Re: Some people were smart 10 years ago, some were not...
« Reply #124 on: August 23, 2024, 08:37:36 PM »
-snip-
Although a little disappointed why I did not hold more because the price of bitcoin at that time was still cheap, but I am still grateful because I enjoy the profit from bitcoin.
Yes, a sense of disappointment or regret will always be there when you don't hold back the Bitcoin you bought at a cheap price a few years ago.
I also felt it, but I was also aware that it was a journey that needed to be taken to know more about bitcoin and how to make a lot of money from bitcoin or other cryptos.

Past regrets will be a reminder that the price of Bitcoin was once very cheap and not even appreciated, but now Bitcoin is the most sought-after digital asset and wanted to be used as a long-term investment.

Offline Mia Chloe

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Re: Some people were smart 10 years ago, some were not...
« Reply #125 on: August 24, 2024, 07:51:33 PM »
Yeah I made money but I did not believe in BTC until Dec 2017.

I could have done worse but I could have done better.
Yeah you have hell lot of a point here. Fact is that way before now crypto and bitcoin was way new to the whole banking system and people didn't really believe in them because of that they were kind of scared of investing in them. Many people who didn't buy bitcoins then felt it had no future potential , and some that bought had the idea of the have nothing much to lose. It was to popularity and boom of the crypto space that made adoption and urge to invest grow in people.
Fact is that we can't actually tell what belief we would have in bitcoin's future as at that time based on the fact that almost no body took crypto seriously. However still in those same tims  some miners had some bitcoins they just kept aside since they pretty much didn't buy it.
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Offline Azharul

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Re: Some people were smart 10 years ago, some were not...
« Reply #126 on: August 25, 2024, 09:51:26 AM »
In the 10 years ago people don’t know that future plan of bitcoin. Because when tv programmer was told bitcoin in his tv program, many common people were laugh to listen his talk. Because they couldn't understand the future opportunity in bitcoin. But now-a-days we can see the the tv programmer is told absolutely correct. But in the same time a famous investor told bitcoin is "mirage" and also told "rat poison". But we saw his decision is negative, and i believe that bitcoin price will tuch $100k within short time.
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Re: Some people were smart 10 years ago, some were not...
« Reply #126 on: August 25, 2024, 09:51:26 AM »


Offline ajiz138

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Re: Some people were smart 10 years ago, some were not...
« Reply #127 on: August 25, 2024, 02:56:44 PM »
In the 10 years ago people don’t know that future plan of bitcoin. Because when tv programmer was told bitcoin in his tv program, many common people were laugh to listen his talk. Because they couldn't understand the future opportunity in bitcoin. But now-a-days we can see the the tv programmer is told absolutely correct. But in the same time a famous investor told bitcoin is "mirage" and also told "rat poison". But we saw his decision is negative, and i believe that bitcoin price will tuch $100k within short time.
When talking about the future, there will definitely be 2 responses from people, the first is they will laugh and think it's a joke and the second is they will think and eventually find out more about what is being talked about.

I'm sure 10 years ago there were people who thought this was a joke and now the most active and most enthusiastic people hold bitcoin. I think that's good, because even though it's a little late it's better than not doing it at all.

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Re: Some people were smart 10 years ago, some were not...
« Reply #128 on: August 25, 2024, 03:07:13 PM »
Yeah I made money but I did not believe in BTC until Dec 2017.

I could have done worse but I could have done better.
Yeah you have hell lot of a point here. Fact is that way before now crypto and bitcoin was way new to the whole banking system and people didn't really believe in them because of that they were kind of scared of investing in them. Many people who didn't buy bitcoins then felt it had no future potential , and some that bought had the idea of the have nothing much to lose. It was to popularity and boom of the crypto space that made adoption and urge to invest grow in people.
Fact is that we can't actually tell what belief we would have in bitcoin's future as at that time based on the fact that almost no body took crypto seriously. However still in those same tims  some miners had some bitcoins they just kept aside since they pretty much didn't buy it.
Opportunity like that is something one shouldn't missed because nothing on this planet would make bitcoin fall so low were people will buy very cheap, even some of these coin that are worth something huge today people didn't believe in them especially Ethereum, when I began t hear about it was around 10$ and all of the sudden it booms to something I can't comprehend to extent scaled up to 4k plus before dropped down to 2k plus currently. The goal is we should always utilize them when the chances are there.

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Re: Some people were smart 10 years ago, some were not...
« Reply #129 on: August 25, 2024, 04:45:05 PM »
Yeah I made money but I did not believe in BTC until Dec 2017.

I could have done worse but I could have done better.
Yeah you have hell lot of a point here. Fact is that way before now crypto and bitcoin was way new to the whole banking system and people didn't really believe in them because of that they were kind of scared of investing in them. Many people who didn't buy bitcoins then felt it had no future potential , and some that bought had the idea of the have nothing much to lose. It was to popularity and boom of the crypto space that made adoption and urge to invest grow in people.
Fact is that we can't actually tell what belief we would have in bitcoin's future as at that time based on the fact that almost no body took crypto seriously. However still in those same tims  some miners had some bitcoins they just kept aside since they pretty much didn't buy it.
Opportunity like that is something one shouldn't missed because nothing on this planet would make bitcoin fall so low were people will buy very cheap, even some of these coin that are worth something huge today people didn't believe in them especially Ethereum, when I began t hear about it was around 10$ and all of the sudden it booms to something I can't comprehend to extent scaled up to 4k plus before dropped down to 2k plus currently. The goal is we should always utilize them when the chances are there.
Yeah but the problem of ultilizing that low is the availability of capital to buy especially for individuals like me who has no stable job which might miss all those opportunities most of the time. I also had that experience when Bitcoin and Ethereum was on it's lowest price some years ago but I was unlucky to buy due to lack of funds. 😅

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Re: Some people were smart 10 years ago, some were not...
« Reply #130 on: August 26, 2024, 12:42:04 AM »
Yeah I made money but I did not believe in BTC until Dec 2017.

I could have done worse but I could have done better.
Yeah you have hell lot of a point here. Fact is that way before now crypto and bitcoin was way new to the whole banking system and people didn't really believe in them because of that they were kind of scared of investing in them. Many people who didn't buy bitcoins then felt it had no future potential , and some that bought had the idea of the have nothing much to lose. It was to popularity and boom of the crypto space that made adoption and urge to invest grow in people.
Fact is that we can't actually tell what belief we would have in bitcoin's future as at that time based on the fact that almost no body took crypto seriously. However still in those same tims  some miners had some bitcoins they just kept aside since they pretty much didn't buy it.
Opportunity like that is something one shouldn't missed because nothing on this planet would make bitcoin fall so low were people will buy very cheap, even some of these coin that are worth something huge today people didn't believe in them especially Ethereum, when I began t hear about it was around 10$ and all of the sudden it booms to something I can't comprehend to extent scaled up to 4k plus before dropped down to 2k plus currently. The goal is we should always utilize them when the chances are there.
Yeah but the problem of ultilizing that low is the availability of capital to buy especially for individuals like me who has no stable job which might miss all those opportunities most of the time. I also had that experience when Bitcoin and Ethereum was on it's lowest price some years ago but I was unlucky to buy due to lack of funds. 😅
Talking about funds makes it looks like trying to pass an excuse why you couldn't buy bitcoin, but lemme just tell you truth that as then fund is not the problems because I believe bitcoin was around cent that was within 2009-10. What most happened is that lot of people lack mentorship or do I say sound knowledge to understand where the technology is going towards before we could call about funds, what just happened is that as then lot of people didn't believe and have that trust with bitcoin and there were taking for a joke maybe they never knew that bitcoin could be this expensive and valuable globally.

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Re: Some people were smart 10 years ago, some were not...
« Reply #131 on: August 26, 2024, 09:38:58 AM »
If I'm not late with bitcoin information but tempted by momentary gains so that after selling I don't buy again and when it's high I just buy, that's what used to happen a lot, you could say FOMO because I saw the price of bitcoin.

but now trying to stay consistent, if not then it could be selling again when the price is down or not selling at the right time, I'm trying to maintain BTC now, still confident of $100K.
Personally I won't classify the fact that some people with huge amounts of bitcoin during the earliest time of its launch sold their coins off because of FOMO. the reason is because they were not scared of selling their coins because of a dip or something like prize shift in either profit or loss, rather they sold off those coins because they didn't see potential in it. I wouldn't blame old whales that sold off their coins during earliest times because adoption was way low and almost no investor saw potential in bitcoin.
I bet you people of the likes of Laszlo wouldn't have sold their coins if they knew that it would boom to this extent.
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Re: Some people were smart 10 years ago, some were not...
« Reply #132 on: August 26, 2024, 03:38:17 PM »
Indeed they were not scared to sell, but I could also say that they were not in huge need in money. Also, I dont believe when people say "I have always believed in Bitcoin. I was a fan since the very beginning". Imho these people mined first Bitcoins just for fun, just because "the software was running on the background". Only few really believed and mined, because they knew the price would go up. And many among those have sold when price reached first thousands. I wont say "they were smart". They were lucky, smart, and lots of circumstances worked out well.
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Re: Some people were smart 10 years ago, some were not...
« Reply #133 on: August 28, 2024, 12:00:35 PM »
Indeed they were not scared to sell, but I could also say that they were not in huge need in money. Also, I dont believe when people say "I have always believed in Bitcoin. I was a fan since the very beginning". Imho these people mined first Bitcoins just for fun, just because "the software was running on the background". Only few really believed and mined, because they knew the price would go up. And many among those have sold when price reached first thousands. I wont say "they were smart". They were lucky, smart, and lots of circumstances worked out well.
Actually, those who still hold bitcoin since the beginning of bitcoin's launch because they do not need money and are still holding it until now. While most people rush to sell bitcoin when they feel they have made a profit. Bitcoin miners from the beginning enjoy great results if they still hold their bitcoins, even though they sell some of the results of bitcoin mining.
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Re: Some people were smart 10 years ago, some were not...
« Reply #134 on: August 28, 2024, 12:35:54 PM »
Indeed they were not scared to sell, but I could also say that they were not in huge need in money. Also, I dont believe when people say "I have always believed in Bitcoin. I was a fan since the very beginning". Imho these people mined first Bitcoins just for fun, just because "the software was running on the background". Only few really believed and mined, because they knew the price would go up. And many among those have sold when price reached first thousands. I wont say "they were smart". They were lucky, smart, and lots of circumstances worked out well.
Actually, those who still hold bitcoin since the beginning of bitcoin's launch because they do not need money and are still holding it until now. While most people rush to sell bitcoin when they feel they have made a profit. Bitcoin miners from the beginning enjoy great results if they still hold their bitcoins, even though they sell some of the results of bitcoin mining.

Which means that 10 years ago not everyone were smart. Some were lucky, some were financially stable and were not in need of money right here and right now. So I find incorrect to say that all those who help for many years are smart. In fact we do not know how they will react, if the price drops from current $60k to $10k. Really smart ones would probably keep on holding, others might sell.

For example, I have a pokemon card. It lies in a box with my old school era stuff for years. I suppose it has a value. But I am lazy to find it out. It might cost cents, or might cost hundreds if it is rare. Nevertheless, I would not say that I am smart because I hold, I am just lazy and keep it as a memory.
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