I started looking into bitcoin when it was at around $3, but never made a move to buy any. I have some regrets, but when I stop to think about it, I would clearly have sold everything when it reached $10 or something. So I haven't passed up the opportunity to make millions, I only passed up the opportunity to make a couple hundred bucks.
When I was active, most people I knew (that were active in crypto) sold most of their stuff prior to 2015-2017.
It was almost a rite of passage to make your exit-post once you reached your goal, or didn’t want the risk/stress. For most that included things like purchasing a home, car, paying off student loans, retiring your parents.
Most of the people I know that became rich off crypto, were those that went all in around 16/17/18. And many of those did buy/sell their way up. Or got lucky with meme coins etc.
I don’t know anyone that bought 1000 BTC in the very early days, and just held onto them with diamond hands. Nor do I know anyone that DCA’ed from 2012 up until today.
(Not that they don’t exist, probably a bunch of them)
This is the same attitude I have. There's no regret in not predicting the powerball numbers.
When you consider the actual price you would have bought in and the actual price you would have liquidated, those theoretical 10x-100x gains start looking more like 3-10x gains. And for small investments that's not going to make you a millionaire.
