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Topic: Lost around 5BTC in 2013... Time to start again - page 2. (Read 1905 times)

legendary
Activity: 2436
Merit: 1362
I'm sure this has happened a lot in the early days of Bitcoin.
There have been a few threads here on BCT about people
loosing coins through various reasons.

I personally know of a user who totally forgot they had coins
in a wallet on the hard drive of the computer from 2013,
luckily they hadnt changed the PC or disposed of it.

The interest was ignited again last year when they read
a news article about Bitcoin and luckily they were able
to retrieve the coins !
sr. member
Activity: 616
Merit: 252
Its pretty normal. They estimate that around 1 million bitcoins has been lost forever. This makes the total supply much lower than the 21 million. Thus the value of the coin should be higher.
sr. member
Activity: 840
Merit: 268
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.
legendary
Activity: 1232
Merit: 1000
I've lost a lot of bitcoin because got hacked, then loses a lot in trade, in gambling. Indeed when I lose in big amounts usually my spirit started down.
but in the end, I will rise up and be sure to get a lot more when looking at the price of bitcoin is always increase, there my spirit to recovery.
 
full member
Activity: 224
Merit: 101
if you still have interest in cryptocurrencies (as you shown by opening this topic) you should just forget the past and learn from your mistakes, here in my office we have the motto: fail fast, fail often, learn from mistakes and move forward.
We are embracing the Agile philosophy and trust me, it works in crypto world too, so keep your head up and keep going!
Best of luck!
full member
Activity: 490
Merit: 100
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.

Good to know you didn't let it knock you too far and you got back up and running!
You are very much right. I think that this is a very bold step which he has taken to come back and start his carrier once again after having this much of loss. I think he will surely manage to earn his profit and will be able to cover what all he lost. The only advice which I want to give him is that does learn from your past mistakes and work hard.

full member
Activity: 368
Merit: 104
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.
member
Activity: 98
Merit: 10
Well you are in the right place and will get plenty of advice from forum members here!!

If first you don't succeed (learn some more) and try, try  again!!!
full member
Activity: 438
Merit: 104
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,


I guess it's just a matter of time. nothing is too late for that.
I experienced as you told me. but I try to re-engage with bitcoin. I explore knowledge again, day by day. and to date. I can enjoy a bit of the bounty of bitcoin.
Now it’s time to get into BTC again man now time has changed and you would get a lot of profit , BTC are ruling in many areas and that day will come when you will enjoying your profits. I will like to recommend investing maximum into bitcoins to have secure future.
hero member
Activity: 837
Merit: 500
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,


I guess it's just a matter of time. nothing is too late for that.
I experienced as you told me. but I try to re-engage with bitcoin. I explore knowledge again, day by day. and to date. I can enjoy a bit of the bounty of bitcoin.
Whatever happens happens for some reason. There are no accidents. If a person continues his journey even after this great a loss, that definitely means he has trust in bitcoins and this way he will become the symbol of courage also attracting many others. The motive must be, if I will fall down for seven times, I will stand up for eight times.
That's the spirit, I have loss some already from the fall of value in btc now but don't.feel worried about it for we know that btc can cope up on this crash soon.
legendary
Activity: 1232
Merit: 1029
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,


I guess it's just a matter of time. nothing is too late for that.
I experienced as you told me. but I try to re-engage with bitcoin. I explore knowledge again, day by day. and to date. I can enjoy a bit of the bounty of bitcoin.
Whatever happens happens for some reason. There are no accidents. If a person continues his journey even after this great a loss, that definitely means he has trust in bitcoins and this way he will become the symbol of courage also attracting many others. The motive must be, if I will fall down for seven times, I will stand up for eight times.
sr. member
Activity: 586
Merit: 251
Now 0.2 btc maybe fall down to 0.1 btc. Are you ok? Hope you still doing everything good
sr. member
Activity: 560
Merit: 250
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,
5 btc is a lot and im sure there are some people there who did experienced the same situation of yours.5 btc on those years are not really much at all this is why we wont really bother or even take value of those coins and done something not really worth it at all and now prices has changed and now we would start to regret but its not yet over and we can still able to stand up again.
No, 5 Bitcoin in that time also has high value, because as per I know, the price of Bitcoin in that time was $1,000 - $1,300 - highest price. Of course, if you compare the price of Bitcoin in 2013 to the current price, it just = ~1/3 - 1/4 of current price.
hero member
Activity: 1065
Merit: 510
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,
5 btc is a lot and im sure there are some people there who did experienced the same situation of yours.5 btc on those years are not really much at all this is why we wont really bother or even take value of those coins and done something not really worth it at all and now prices has changed and now we would start to regret but its not yet over and we can still able to stand up again.
newbie
Activity: 24
Merit: 0
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.

Good to know you didn't let it knock you too far and you got back up and running!
hero member
Activity: 2562
Merit: 586
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.
newbie
Activity: 24
Merit: 0
Sorry to hear about your losses. For me, the motivation is to think of the future of Bitcoin and you will have the energy to go on.
All the best to you and hope you work hard to get 5 BTC back soon.


I'll hit the milestones soon mate!
hero member
Activity: 1904
Merit: 510
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,


I guess it's just a matter of time. nothing is too late for that.
I experienced as you told me. but I try to re-engage with bitcoin. I explore knowledge again, day by day. and to date. I can enjoy a bit of the bounty of bitcoin.
sr. member
Activity: 602
Merit: 252
That's a sad story with the Op. None could have thought that bitcoin will grow to such a bigger price. With such a thinking he could have left. Now the reality might have made him to try to recover and get a life changing experience as the price keeps on increasing and reach higher prices.
newbie
Activity: 24
Merit: 0
In as much as Bitcoin is really the deal, this is one of the issue that use to make me think otherwise sometimes.
I remember last year, I forget my password and pass phrase to my bitcoin. Its quite painful I can't recover it back till now. All I had to do was to move on.
OP, you have to move on, I know it hurts knowing how much you might have missed but this is something out of our control.

I'm seeing it as a learning curve. It's not so much I regret losing the 5btc, obviously it sucks, but if I saw BTC hit 1k I may have sold. Too many ifs and buts, however it's all a learning curve, and it's taught me a massive amount!
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