I've convinced myself that I'd have lost my wallet long before it became valuable anyways. It helps me sleep at night.
The thing with Bitcoin is that we were right -- it is stupid. But that didn't stop the early adopters from making lots of money. That's highly annoying.
If we used a more reasonable metric, like "will bitcoins being worth significantly more in ten years than they are today," OP may well be wrong. You can think I'm crazy for saying that, but neither of us can really know at the moment.
Bitcoin had the mission statement of being a currency, which it has failed at. It's instead a highly volatile (and potentially highly profitable) investment.
So someone could be right that Bitcoin would not succeed (at being a useful currency) and still have been wrong to not buy in (they should have gotten in when the getting was good for the very reason it would fail to be a currency).
But it was and is more like gambling and less like "mattress money".
- Isaac Newton on the South Sea Company Bubble.
I chortled, shook my head and went back to Compuserve.
How monumentally wrong I was!
People always say, “if you had bought Microsoft at IPO....” For some reason they never say “if you had bought Enron at IPO....”
Around that time I was aware of bitcoin but I was paid for some dev work once in e-coins and had the hardest time converting that to cash, which is how I paid rent. And while it made up a small part of my compensation I thought it was ridiculous. Something tinfoil hat wearers cooked up.
It's easy to say it bitcoin was going to be big, in hindsight. I used one of their early ATMs to pay for pizza. At the time it was trading for ~$2. I didn't think much of it until years later when it got a meteoric rise.
If you buy any single asset with the idea that it might increase 10x to 10000x in value, any degree of success will put you in a position where continuing to own it is in direct violation of a «sensible» investment policy.