A Simple Trick To Get Over ‘The Bitcoin Regret’April 10, 2013 6:36 am
As we see that number going up – from 100 dollars per bitcoin to 150 to 200 to 240 to … invariably we get into a regret loop – “I should just have trusted my guts and gotten into this thing when it was 2 or 3 dollars or maybe even less”. The regret is real – because the USD-BTC exchange rate is real. To add to the pain, we don’t even know if it is a bubble in the first place.
After spending hours on ‘The Bitcoin Regret’ (‘If I had invested xxx when BTC was yyy, it would now be worth zzz’), finally, here is a solution that will get you out of that loop. Repeat after us:
“Even If I had bought Bitcoins at price X, I would have sold it at 2X. Or maybe 3X. I would never have left my money in something that nobody seems to understand”
That is it. The Bitcoin Regret is real. But you can get over it. Get Over It. Now.