Back in 2013 Is when I first found out about Bitcoin. Was at around ~$20. At the time I had no idea what this would unfold into. I had bought around 5 bitcoins for around a hundred bucks or so by doing a bank deposit through a website (don’t know if it was LBC or not can’t remember.) anyways I was just interested in the fact that you could buy things online with it and it could go up or down just like stocks. I had it on an offline wallet on my computer. I had completely forgot about it since I had been going to a military academy following that summer and didn’t have access to my laptop for just one month. Seeing the BTC rise to around 50 bucks was jaw dropping because it actually worked! My father had always told me to be careful about investing into stocks. Boy do I wish I had kept the Bitcoin and held out. Not even a few months later it had raised to $300... then hit a record high of $1300 the following semester. I had cashed it out at $50 bucks each. At $300 bucks I thought that would’ve been it. Today I am looking at how wrong I was. Throughout these past 5 years I had gone through atleast 20-25 Bitcoin just trying to make a quick buck. Could’ve been worth 200k at the least. Being a teenager at the time I had no idea it would be worth over 12k present day. That is my biggest regret in life. But now that I’m older I’m trying to hold as much crypto as possible until I KNOW that cashing out will be worth it. Which won’t be for a while. Have any of you had a similar experience?
I remember when I first looked at Bitcoin, it was around $1 but I didn't buy any because it seemed too risky :) Then when it was $100, I bid for a Bitcoin miner on ebay and was outbid. I should of tried again but I just gave up. Then I ended up finally buying some when it was almost $5k. I don't feel bad about it now though. There's nothing I can do to change the past and it's a good lesson for the future. Had I bought at $1 or mined at $100, I would probably of sold too early and that would be worse.
Haha yeah man I hear you. Keeping my Bitcoin wasn’t even a thought in my head. All I was thinking about was the short term gain 🤦🏽♂️
You might just be looking at it the wrong way. The odds of bitcoin reaching the price it is today back then are still extremely low. It wasn't necessarily illogical to get rid of your bitcoins at that time. On a different note, hi I just started here. give my profile a look; let's master crypto together (:
True that. Honestly, who the hell would have known! One of my friends had pitched an idea to me about mining litecoin with his computers GPU ( he had a gaming laptop) at the time litecoin was like .10 cents... I told him he was stupid and he was wasting his time. Turns out that would’ve been the best thing I could’ve done at the time. Ugh the unlikelihood of things.
I was 'playing' with BTC back when it was single digit dollars. Wish I've just held :/
But you learn from mistakes :)
Followed.