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Topic: Lost around 5BTC in 2013... Time to start again (Read 1905 times)

sr. member
Activity: 490
Merit: 255
If you lost around 5 btc in 2013 that must suck, but other people have probably done the same thing so you just have to keep on gaining knowledge while nobody else is and that will be valuable.
legendary
Activity: 2702
Merit: 3045
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In 2013 the price of 1 BTC was between 100$ and 1000$, that's not a small amount you can easily loose and forget about, in the same time you can't say that you lost 30.000$, according to actual price.
Just forget about it and try to start over again? it will not be a hard thing for you to do, since you managed to collect 5 BTC in past. I am certain you will find a way to recover and make more than you lost. You can start trading with the money you have.
sr. member
Activity: 602
Merit: 250
I can't imagine how many BTC were lost since its creation. Sorry for you, man !

Well at least, this will increase scarcity  Grin
hero member
Activity: 938
Merit: 500
The gold rule is never left your coins into exchanges, there is a risk and isnt the first time that some exchange scam or get some issue like hacker attacks. I dont know how easy is to start again, knowing you had 5 bitcoins wich could make your life easy to make money with those, but well lesson learned. I had trusted into a marketplace without 2fa, and i got scammed by the seller, that took my keys, soo you must take care at where you have your money and be sure you are with all securities measures turned on, as the support told me if i had those 2fa i wouldnt had lost my coins at all.
newbie
Activity: 56
Merit: 0
This happen always, not only you lost on the bitcoin course, so many people have same problem, some people just bought bitcoins some years ago and was thinking bitcoin will never grow up and they just forget about their wallets, but how you see now bitcoin is growing up, and its not too late for investing again.
newbie
Activity: 42
Merit: 0
So back in 2012 / 2013 I was quite involved with the Crypto scene, and invested in a mining rig (good old days!) After around a year or so, I managed to mine LTC, trade BTC etc and had somewhere in the region of 5BTC. As the prices all started to plummet, I turned the rig to a desktop computer and stupidly left all of my coins in Cryptsy. Easily done for someone who understood the basic fundamentals of the Crypto world, but not all of the security to go with it.

I managed to recover about 0.2BTC from old wallets etc, and although kicking myself that I could have a life changing amount of money, I've come to a conclusion that I just need to build a bridge and start again!

My question to you all is have you ever experienced anything like this? How did you find the motivation to start again? And what do you think are the best ways nowadays (as i'm 4 years out of touch) at getting back to that milestone of 1BTC in my wallet?

Thanks,
  it's so sad!!  Sad  of course you should start again! I think it's never late to begin  Smiley
sr. member
Activity: 530
Merit: 250
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Damn man that's terrible but yes you should definitely try again as it's never too late especially in this space. You just have to believe and you will connect to a method that suits you. But it won't be mining. Those days are over.
member
Activity: 471
Merit: 10
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Hmm what a touching story. I knwo the feeling. My own mistake was playing around around year 2011 in the internet without giving  attention to Bitcoin.
full member
Activity: 1232
Merit: 186
So back in 2012 / 2013 I was quite involved with the Crypto scene, and invested in a mining rig (good old days!) After around a year or so, I managed to mine LTC, trade BTC etc and had somewhere in the region of 5BTC. As the prices all started to plummet, I turned the rig to a desktop computer and stupidly left all of my coins in Cryptsy. Easily done for someone who understood the basic fundamentals of the Crypto world, but not all of the security to go with it.

I managed to recover about 0.2BTC from old wallets etc, and although kicking myself that I could have a life changing amount of money, I've come to a conclusion that I just need to build a bridge and start again!

My question to you all is have you ever experienced anything like this? How did you find the motivation to start again? And what do you think are the best ways nowadays (as i'm 4 years out of touch) at getting back to that milestone of 1BTC in my wallet?

Thanks,
My advice to you is to try again. Smiley I know that losing lots of bitcoin makes you upset and disappointed and let go bitcoins out of your life (maybe that's the reason of your four year out of touch with btc), but you should not give up because you still have .2 btc, you can use this as your capital so use it wisely.

Count the things that you still have, not the things that you don't. Besides, I know that you can still earn becuase you have lots of experience than some of us in earning bitcoins, good luck!. Smiley
newbie
Activity: 42
Merit: 0
Last year i sold 5 btc with 300-800$ rate. i wish i held them but it had emergency.
sr. member
Activity: 1190
Merit: 253
I have some sort of similar story. 2013 was unlucky year for me too. but 2017 gave me things I've lost. wishing the same for you as well..
When you lose money for sure there is a new blessing comes in your way. Then its nice that you have recovered, the best thing is to start again. Bitcoin is a good investment wether you lose some you will win somehow in beleiving yourself that you can achieve your goals in life. Invest again in btc and surely you can achieve profit.

I agree, if a door shutsdown, for sure a window will open.  Opportunities comes once but with Bitcoin it comes almost every hour.  Through volatility and price movement.  It is good to know that OP was not discouraged from his lost last 2013 and eventually recovered it this year.  Just keep on tying and learn and never give up
, that is what i learned from OP's experience.
hero member
Activity: 1428
Merit: 506
I have some sort of similar story. 2013 was unlucky year for me too. but 2017 gave me things I've lost. wishing the same for you as well..
When you lose money for sure there is a new blessing comes in your way. Then its nice that you have recovered, the best thing is to start again. Bitcoin is a good investment wether you lose some you will win somehow in beleiving yourself that you can achieve your goals in life. Invest again in btc and surely you can achieve profit.
full member
Activity: 518
Merit: 100
So back in 2012 / 2013 I was quite involved with the Crypto scene, and invested in a mining rig (good old days!) After around a year or so, I managed to mine LTC, trade BTC etc and had somewhere in the region of 5BTC. As the prices all started to plummet, I turned the rig to a desktop computer and stupidly left all of my coins in Cryptsy. Easily done for someone who understood the basic fundamentals of the Crypto world, but not all of the security to go with it.

I managed to recover about 0.2BTC from old wallets etc, and although kicking myself that I could have a life changing amount of money, I've come to a conclusion that I just need to build a bridge and start again!

My question to you all is have you ever experienced anything like this? How did you find the motivation to start again? And what do you think are the best ways nowadays (as i'm 4 years out of touch) at getting back to that milestone of 1BTC in my wallet?

Thanks,
It does not matter how many times you loose more all more important is how many times you got up! Never give up!! You are real man who have risen exactly so much times as you fell it's mean that you already are winner! We are not talking about competitions, titles or victories. This rather, will help to defeat yourself, be stronger than yesterday, more enduring and purposeful. I find it super great and those who never loosing they never will be better then yesterday! So go ahead! Start new life but be attentive! Its risky! Good luck!
hero member
Activity: 924
Merit: 1001
OP just keep in mind, we are still getting started.   2020 is the next halving and you can expect a doubling of whatever the price is then, by around January 2021.   I believe that's when we'll be seeing the $10,000 BTC prices.   Plenty of time between then and now for it to slowly increase into the $5,000 range, and then they cut new supply in half ... $10k is soon after.

Bitcoin is going to $100,000 per token just like Berkshire Hathaway stock has gone to $135,000 over a period of 20 years.  Hang in there.

-B-
full member
Activity: 322
Merit: 100
I have some sort of similar story. 2013 was unlucky year for me too. but 2017 gave me things I've lost. wishing the same for you as well..
sr. member
Activity: 1148
Merit: 251
Well the best thing to do right now is to have some BTC again, I mean invest some of your money again right now. And with that you can start again. Actually that is great of you saying that starting in bitcoin right now is easy. You've lost 5 btc which makes you having 25000 usd right now if that thing didn't happened.
These happen in too many bitcoin users lost of btc but the best thing is to start again and dont lose hopes. Yes invest some money into bitcoin as the price may continue to increase. And bitcoin is the best investment which a profitable but dont forget all your details and you are safe.
full member
Activity: 379
Merit: 112
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You heard about this news?, can it help you in any way?


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sr. member
Activity: 392
Merit: 250
Its very disappointing to hear your story.Fortunately,i have not faced such situations.As an immediate act,either you could join a signature campaign and it would take time for you to get promoted and earn money.Or else,if you have some money to invest,you could just buy bitcoins with it and hold it in your wallet or buy altcoin and start trading.
full member
Activity: 476
Merit: 100
BTC prices will continue to soar from year to year now the price of 1 BTC is very high exceeding 50 million will not drop probably until the end of October.
full member
Activity: 659
Merit: 101
You have to believe in your ability, know everyone who has a good future of course he must have experienced a failure or loss, but this is where you should be more excited and learn from your failures so it does not happen again in the future, I'm sure. . You can start it again and learn from your previous experience, do not forget I say this welcome back in bitcoin world

Well, back in 2015 when I got into Bitcoin, I actually lost about $15 (worth $150 or more with current rate, possibly $1000+) while trying to sell it to an exchanger. I felt really bad and had to quit, but returned when price went up high to $2000plus. I still managed to cope with and I’m okay with what I have now.
I wish you very best of luck for your future. I think there is no other better way of learning new lessons in life but the lessons which you learn by suffering a loss in the world of business especially. The only thing you need is you should not repeat those mistakes in the future to avoid further loss.
This time you will not lost just get started and then spend time on market evaluation and take decision calmly. And I feel sorry for the loss in 2013 but believe me time has changed a lot now there is no possibility of losing your investment just buy low and sell high .
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