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I tend to counter in a different way: YES, I knew about Bitcoin a couple of years before I invested in it. YES, I could have made a significant return during
by once_inc 4y ago
I tend to counter in a different way:
YES, I knew about Bitcoin a couple of years before I invested in it.
YES, I could have made a significant return during that time.
YES, I should have investigated it further at that time, instead of focussing on other things.
YES, I made a risk/return analysis at that time, and felt that the risk of investing was too high, even if I didn't do my due diligence.
Everyone, at every time makes a decision to either invest or not invest in something at any point in time, even if that decision is subconscious. I can feel bad about making that decision, but I did make it. My risk/reward appetite just wasn't high enough.
- greenhorn123 4y agoIn an alternative world where Bitcoin crashed and burned after it was launched but before you decided to invest you would feel that much smarter! It's all very easy in hindsight, the trouble is to predict it accurately. A better way to look at this is to say that some people got lucky and some didn't.
- netsharc 4y agoThe lucky ones are the ones who were a little foolish (spot my bias...) and not greedy. Those who got on the bandwagon (again, spot my bias), and decided to cash out when they thought "That's great enough ROI!". Of course the problem with humans is, if they cashed out at say 25K, they'd have regrets when BTC hit 30K-35K, and since they have money they'd be tempted to join in again...