Topic: Are there people here from 2013 who are not millionaires now? - page 3. (Read 7311 times)

No lol. Otherwise why do you think that most of us are still on this forum anyways? If I was a millionaire i would be enjoying the high life and taking vacations whenever I can and not bother to check back on this forum every once in a while... Sigh.

You can't assume that people just held through all these years. I've been using bitcoin since 2010 and i'm still a pretty broke bloke. The worst thing i did with my savings was to buy in at 2013 near the ATH only to sell it at $200 apiece a year later. Absolute stupidity if you ask anyone right now. But things looked grim back then, bitcoin was still in its early stages and didn't have many believers. If i held these coins i still would have doubled my money which is crazy if you ask me.

I am from late 2013 and about 40k USD in debt!   

Oh you seem to have a good gut feeling for picking coins up at the right time - so what do you invest in now?

I got into crypto in early 2014 and i am not a millionaire. However i have come pretty close. Lets just say the value of my crypto holdings is greater than 500K. I invested less than $5,000 so i think i have done pretty well. The only reason i am not a millionaire now is that i did not have more capital to invest back in those days.

I remember in 2013 people were making posts like these claiming that everyone who invested in 2009/2010 was a millionaire. The reality cannot be further from the truth as it takes a whole lot of extraordinary circumstances to work in your favour even in you invest in the right crypto at the right time. There was a guy in 2010 who spent 10,000 BTC to buy 2 pizzas, others spent their coins on gambling sites. Even satoshi was handing out BTC left, right and centre back then.

If there are those millionaires, they are sitting on their own island drinking cocktails and not here to answer.

Who is here from 2013 who is not a USD millionaire at least on paper?

I bet noone here from 2011 is not a millionaire.

If so what were your big mistakes that prevented this from being the case?

** edit

don't take from this post that I myself claim to have attained that millionaire status .... but then my early trading was an example of how not to trade. Im guessing the majority has done far better.


let us not let this thread turn into a sour grapes situation....but it is nice to know many average everyday people have now made life changing amounts of fiat due to crypto. I feel millionaire status is within grasp of so many that are here even recently.

let them enjoy their success and inspire us all..
If they made it by buying fairly on the market or mining fairly then it is great to know that so many have done so well.

Seems like the only mistake they make is selling too early

Holding indefinitely = millionaire?

crypto millionaire? then for sure there are some specially on earlier years not only on bitcoin but also on other cryptos and if theres one who would speak here then its a good thing to know his past experiences and perspective on cryptoworld. being a millionaire is once in a life time case which do most people do wish of to happen on their lives but we should not forget there are past mistakes of traders which is the reason that not make them as a millionaire.

ugggggggggggggggggggggggggggggggggggggggggggggggggggggggggggghhhhhhhhhhhhhhhhhh hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

I have grown soooooooooooooooooooooooooooo fucking tired of explaining basic math to idiots in crypto.

ooooooooooover & ooooooooooooooover & ooooooooooooooooooooooooover

yeeeeeeeeeeeeeeeeeeeeeeeeeeeeear after yeaeeeeeeer

Guess what Investards ?


TIME IS MONEY

For the love of fucking all that is fucking holy let me get this through your thick ass fucking skulls once & for all.

YOU.
Are.
ALL.
Stupid.

I am the *ONLY* smart one here ..so listen the fuck up.

When you invest in something and you do not get a return ?
The more time passes the more of a loss you are incurring.

A simple way to look at it is you *could* have invested in something else during the waiting period and thus the lagging time consuming investment is actually incurring loss.

So sitting on a shitcoin for 4 years waiting is retarded faggotry when you could have simply sat on BTC and tripled your money for example.
Of course there is idiots who sat on Dash for 4 years then BINGO struck it rich.. but it was 100% pure dumb luck by accident.

You all should be very embarrassed because i am not educated and have no previous trading experience and am not very smart at all.
I am basically a school drop out with no money and you dipshit retard "INVESTORS" out there make me look like Albert fucking god damn Einstein with your unbelievably fucking EPIC stupidity.

..most of you are broke already you just don't know it yet.

You can be a millionaire if you hold it for long. VERY LONG.
CAN YOU SLEEP IF YOU HAVE $100.000 in bitcoins?

If you have $10.000 on your BTC wallet, many people withdrawal their money.. Don't you?

1 year later you have $200.000 in your BTC wallet?
- still not a millionaire but do you hold your wallet or withdrawal?

You don't know the value tomorrow..
maybe 2 months laters you have just $50.000 or one million. So you can lose $150.000.. You don't know!
many people withdrawal their money before being a millionaire.

I think most people here are just bitcoiners, and the rest are scalpers and daytraders. At this moment you can only be a millionaire if you just hold good altcoins projects, there is no other way

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.