Uhh...I've been here since 2011 and I can pretty solidly say that I am not a millionaire. I'm not destitute since I have a pretty good job outside of this, but I'm not a millionaire and that's despite having a pretty good income from my regular job. I told myself I'd buy more bitcoin when I got a high paying job but when it actually happened the price of bitcoin was tanking (down to about $200) and I got too scared to actually go through with my plan to buy $3000 of bitcoin a month.
The rest is just a combination of having actually spent almost all of my bitcoin when it was worth about $8-100, and having invested bitcoins in mining hardware instead of just holding onto the coins-by the time I got the mining hardware it was impossible to mine back the coins spent.
I was also a very broke med student in the early days so I had no money to invest anything and basically could only buy new hardware by selling the coins off.
But that said I recently finally bought the second crypto I've ever purchased, which was a little bit of Qtum during the ICO and at least on paper it's had a pretty great run. We'll see what it's worth in a year or two, probably all dependent on if this altcoin bubble pops or not.
But man oh man, so many threads I've been in on here where I came SO, SO close to buying in. The original NXT thread I got scared off by all the posters saying it was a scam. Ethereum I got busy during medical residency and forgot about the ICO until it was over then I didn't feel like paying 50 cents each lol. NEM I read the thread too early when it was still an NXT clone and didn't end up finding out about the new structure until recently. Many times I've failed at becoming a millionaire.
But I can't complain too much, I've made a lot more than I would have if I had never invested in Bitcoin, and I did cover my medical school loans in the end with how much it's gone up. =) And who knows, if this crazy market keeps up maybe in a year I'll be a millionaire hahaha.
The rest is just a combination of having actually spent almost all of my bitcoin when it was worth about $8-100, and having invested bitcoins in mining hardware instead of just holding onto the coins-by the time I got the mining hardware it was impossible to mine back the coins spent.
I was also a very broke med student in the early days so I had no money to invest anything and basically could only buy new hardware by selling the coins off.
But that said I recently finally bought the second crypto I've ever purchased, which was a little bit of Qtum during the ICO and at least on paper it's had a pretty great run. We'll see what it's worth in a year or two, probably all dependent on if this altcoin bubble pops or not.
But man oh man, so many threads I've been in on here where I came SO, SO close to buying in. The original NXT thread I got scared off by all the posters saying it was a scam. Ethereum I got busy during medical residency and forgot about the ICO until it was over then I didn't feel like paying 50 cents each lol. NEM I read the thread too early when it was still an NXT clone and didn't end up finding out about the new structure until recently. Many times I've failed at becoming a millionaire.
But I can't complain too much, I've made a lot more than I would have if I had never invested in Bitcoin, and I did cover my medical school loans in the end with how much it's gone up. =) And who knows, if this crazy market keeps up maybe in a year I'll be a millionaire hahaha.
Figured I'd post a 2021 update. After this post I HODL'd pretty hard. Had some stuff I probably shouldn't have HODL'd that hard including those Qtum, but overall those lessons we learned paid off I think.
I hope the rest of you in this thread from 2017 did well HODLing. Here's to more years of HODLing for all.
