I regret not investing in Crypto earlier when BTC was only 661$, but I am happy now to be able to invest in hive.

This is a real story about myself in response to the initiative by @theycallmedan - may be others will learn from it. I came to know about bitcoin in 2016 when it was only 661$ during my travel to one of my office. A friend introduced me to Amit Baardwaj , founder of GainBitcoin. I remember speaking to him over phone for half an hour, and he tried to convince me to invest in GainBitcoin. However being a newbie to BTC,I barely understood anything about BTC, SO I asked for more information. Then he shared a presentation with me, all the images in this post are from those old presentation. Some of the images are not being displayed in current power point version, but this is all real.

So here is the business model that he showed to me.

So what should I have done ? It sounded like a Ponzi scheme to me, and I insisted for few more calls where I could ask more questions. The guy told me each time, he is super busy and it never took off. After a month or so, I started loosing interest. And Thankfully, I did not invest. Because later I came to know, The Enforcement Directorate arrested Amit Bhardwaj for allegedly duping investors worth Rs 2,000 crore

So it was all good for me, but what do I regret ? I regret of not doing more research on BTC and getting knowledge on how to invest on my own.I should have learned the technology behind it. Had I done that, I would have been in a much comfortable position on my personal finance.

And then in 2017, I came to know about Steem. I very much liked everything about steem and from there I started to learn how to invest, because I wanted to increase my stake. It definitely is not a very straight forward process to invest in crypt from India, and one has to do his own research because of so many cases of bad people cheating investors on crypt ( mostly btc). And on top of that, there came a ban from the nodal bank when all the exchanges were forced to stop their operation. I even reached to some of my friends to buy some btc from Coinbase and send to my Bittrex account to buy steem. I invested in steem, when it was a little below a dollar. I bought most of my steem in 0.65 - 1 $ range and I think, every one knows the rest.

So I have become poorer by investing in steem. There were opportunities to take benefit when the price soared, but I believed in long term investment, so locked all my stake by powering up. There was always a hope and after #HIVE was borne, I have been more optimistic. May be BTC was not for me but HIVE definitely is.....And it definitely is worth investing for others as well, at the current price.

If you have seen my last post, I have been able to invest to meet my goal of investing for 100000 hive. That is actually from majority of my savings. I have been using a car since a decade, and I was saving some money to get a new one. But when I saw opportunities to invest to meet my goal, I utilized them. May be I will use the old car for some more time, after all, it is not a necessity.

I know we have been building on hive and we have problems, but I hope 2021 will bring us all the good news for all these work.