[nkrisc]

I first heard about bitcoin sometime in college (2007-2011). At the time I thought about buying a couple just for fun (might have been a few dollars worth? Can’t remember). But I decided it was a waste of money.

And at the time, it was a complete waste of money. I don’t regret it at all.

Only with knowledge of the future would it have been worthwhile.

But today when I see what cryptocurrency has become, I regret my decision even less.

There are countless ways I could have made millions if I knew the future. I don’t waste my time regretting those.

[jonplackett]

I was gonna buy $1000 of bitcoin in 2016 but I couldn’t find my passport to verify my identity with Coinbase and then forgot about it. Ah well.

[rkomorn]

Would you have $100k now or would you have sold it when it tripled to $3000 because that would've felt like a really good return already, though?

[jonplackett]

Yeah this is the story I tell myself to make me feel better. I may well have even more regret! Or thought I was an investment genius and invested loads more and then sold it at a bad time.

[b0bbi]

yeah as Warren Buffett once said: "Our favorite holding period is forever".

[rkomorn]

That is basically my strategy. Everything I buy is with the intent of selling in a couple of decades when retirement comes, at the earliest.

[b0bbi]

It's a great strategy as long as there's agreement between people and that the "S&P500" (paste your) means something :)

[andirk]

I did find my passport at that same time and threw a lot more USD at it. It's nice.

[b0bbi]

would you keep it till today?

[jonplackett]

Probably would have sold it when it doubled and felt like a genius… and then an idiot.

[b0bbi]

yeh, that's true :) btw, I'm sure many did just that

[eru]

> And at the time, it was a complete waste of money. I don’t regret it at all.

I think, spending 50 bucks on bitcoin back then wouldn't have been a complete waste of money: in the worst case, you could have kept them as a souvenir from a passing fad to tell your grandchildren about. Like pet rocks.

However, I heard about bitcoin around the same time, and even read the whitepaper etc (I'm a mathematician and did some actual cryptography at the time), but still didn't buy any.

[andirk]

Just like any stonk that's increased in value, woulda coulda shoulda. Keep an eye out for things that you care about and things you think other people will care about, and invest in those.