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Topic: Are there people here from 2013 who are not millionaires now? - page 4. (Read 7311 times)

hero member
Activity: 608
Merit: 500
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.
hero member
Activity: 487
Merit: 500
Jeez I could have been a millionaire if I didn't waste my time and was so focussed on your favorite coin (Quark) in 2013/2014. Thanks cryptohunter for letting me know!  Roll Eyes.
hero member
Activity: 800
Merit: 502
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.


member
Activity: 60
Merit: 10
Count me in Sad I've made some money from cryptos this year but still far away from becoming a millionaire.
newbie
Activity: 25
Merit: 0
I am from late 2013 and about 40k USD in debt!   Grin
newbie
Activity: 21
Merit: 0
Not even close. I made a few thousand in crypto, but that's it. I got into it 2013, and I was either underemployed or unemployed from then until last year. I never had much to invest. I bought into Ethereum at the initial offering, but I only had $20 to spare. So I bought 60eth for $20. I also considered mining Bitcoin, or buying Bitcoin when it was $5/coin, but I just didn't have the funds for mining gear or to make a substantial investment.

I'm sure if I had had real money to invest back then, I could have done a lot better. 
sr. member
Activity: 322
Merit: 250
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.



It will be hard to see someone who has a stack of bitcoin in 2011 and still have same till today. Only a few can hold their faith that high without losing it and that's why its going to be hard getting someone who haven't either sold everything he got then orarge percentage of whatever he might have gotten then. When we compare the price as at then and now, we just jump into the conclusion that owners then would have been super rich without considering the fact that several challenges have happened along the way to get to the point where we are and only a strong heart will still hold not knowing what will happen later.
donator
Activity: 55
Merit: 3
the internet never sleeps
Same here! Bitcoin always has been and always will be great. I sold at the unbelievable high price of BTC20 that was unsustainable per the chatter. It allowed me to pay medical bills and even shot BTC10 over to theymos that I think was used to patch the board software. No regrets. Welcome back to both of us btcboston. Grin
Looks like you were in some sort of comma as you just woke up from a long break and started out all over again here in the forum. Tongue Proud to see a donator status on a newbie account,hope you feel happy for what you did back then since it is really hard for anyone to donate $10k for charity just like that,millions are not made just like that,if you have the patience to hold for a longer time then there is a possibility and majority users usually wont hold for a long time.

Oh, don't get the wrong impression. It has always been denominated in BTC. I am 80/135 on the list and think BTC was in the low 20s at the time. Soooo the majority on the list were just early adopters chipping in a bit to keep the board running. Theymos deserves huge props for years of unpaid efforts.
sr. member
Activity: 630
Merit: 250
i created an account on blockchain in early 2013 and guess what im not even hold a thousand dollars until now
legendary
Activity: 3346
Merit: 1214
Payment Gateway Allows Recurring Payments
I joined bitcointalk in December 29, 2013 but not yet a millionaire maybe because of inactivity and concentrate in faucets and give away which I just dump when those coins hit the market,which so many coins I dumped in my early days I don't know what coins are those that could have made me profit,yes greed is your big enemy here and patient is a virtue.
full member
Activity: 361
Merit: 100
Same here! Bitcoin always has been and always will be great. I sold at the unbelievable high price of BTC20 that was unsustainable per the chatter. It allowed me to pay medical bills and even shot BTC10 over to theymos that I think was used to patch the board software. No regrets. Welcome back to both of us btcboston. Grin
Looks like you were in some sort of comma as you just woke up from a long break and started out all over again here in the forum. Tongue Proud to see a donator status on a newbie account,hope you feel happy for what you did back then since it is really hard for anyone to donate $10k for charity just like that,millions are not made just like that,if you have the patience to hold for a longer time then there is a possibility and majority users usually wont hold for a long time.
hero member
Activity: 1043
Merit: 500
I am a very happy man today. I still live basically the same life I did before, attend the same university, drive the same car.  Grin
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I started dumping hard in late 2013 / early 2014.
Since then i'd be lucky if i had / have $100 in coins.
I could use that to trade but what ? ICO scam coins ?
No thanks.

When the crypto scene changed from flaming the ICO concept to actually defending them i quit.

I was here to be a part of things and that was not the destruction of crypto for whales scraps.
newbie
Activity: 56
Merit: 0

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.
[/quote]
Seems like the only mistake they make is selling too early

Holding indefinitely = millionaire?
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
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.



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.
donator
Activity: 55
Merit: 3
the internet never sleeps

you do realize that bitcoin is the only cryptocurrency that has gone up big time in the long term, right?
and all the altcoins have been rising in the past few months only, and as a repetitive cycle kind of thing they do this every year where they are pumped to big percentages profit and then there is a slow agonizing death while they continuously go down the rest of the year.

you have charts on this?
If not, maybe bg002 could get us an LTC chart?  Tongue
donator
Activity: 55
Merit: 3
the internet never sleeps
Been involved in bitcoin since 2011. Cashed in too soon. When it hit $20 I thought it was too good to be true and sold all of the several hundred I had mined to that point.

After that I didn't pay attention to bitcoin or altcoins for several years. Finally last year started getting interested again and bought some Dash at around $3/coin. Made the same mistake as before - sold when it hit $16.

Investing in several more coins this time and won't make the same mistake again - holding until I get at least enough to pay off my house and all other debts.


Same here! Bitcoin always has been and always will be great. I sold at the unbelievable high price of BTC20 that was unsustainable per the chatter. It allowed me to pay medical bills and even shot BTC10 over to theymos that I think was used to patch the board software. No regrets. Welcome back to both of us btcboston. Grin
sr. member
Activity: 406
Merit: 251

you do realize that bitcoin is the only cryptocurrency that has gone up big time in the long term, right?
and all the altcoins have been rising in the past few months only, and as a repetitive cycle kind of thing they do this every year where they are pumped to big percentages profit and then there is a slow agonizing death while they continuously go down the rest of the year.

you have charts on this?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
what I don't understand is why you posted this question in an altcoin board!

you do realize that bitcoin is the only cryptocurrency that has gone up big time in the long term, right?
and all the altcoins have been rising in the past few months only, and as a repetitive cycle kind of thing they do this every year where they are pumped to big percentages profit and then there is a slow agonizing death while they continuously go down the rest of the year.
newbie
Activity: 47
Merit: 0
In 2013 I got 30,000 ripple and sold it for about $600 and some bitcoins on the ripple platform but I think my biggest mistake was just not investing in the coin like I really wanted to. I am disabled I still live from check to check even from back then. I was trying to figure out a way to stretch it which I did, but if I really had the assets I would have been able to invest when the coins were really cheap and I should have never sold them.
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