To be honest, I can't blame people that didn't see what bitcoin could become when it was worth less than a dollar. This was something new, something the world wasn't used to, something they haven't heard of before. It might even be possible that there are some early investors who didn't believe it would be this big over such a relatively short time. Bitcoin paved the way for the cryptocurrency industry. See how big the industry is today, even Satoshi, as visionary as he is, might not have seen that coming.
At least I can speak for my friends who have started investing in Bitcoin over half a decade ago, making six-seven-figure incomes. However, Ive also noticed that some of them couldnt hold onto their Bitcoin, which I believe is related to the economic situation in the country at that time. Every person I know who held onto Bitcoin, even when it was challenging to believe in initially, had some extra income at their disposal today, which allowed them to retain their investment.
Now that Bitcoin is gaining more acceptance and credibility each day, people are realizing the importance of investing in it online. Previously, it was seen as a less likely choice, but people are now making more deliberate decisions to invest in Bitcoin rather than simply spending or withdrawing their investments when they need cash. For example, a friend of mine shared that he made over $5,000 in profit from his initial investment, which was less than $500. He managed to invest in the right coins alongside Bitcoin, resulting in even greater profits.
Unfortunately, even when Bitcoin became popular in my community, especially on campuses, I found it difficult to believe in and didnt make much effort to understand the technology behind it. Then, I missed out on the opportunity to invest or learn more about Bitcoin in its early stages. But, Ive since gained insights to Bitcoin and learned from my mistake. Im now eager to invest as much as possible and learn more about Bitcoin.
