Topic: My feelings after 11 years with crypto. - page 2. (Read 3447 times)

The whole point of early bitcoiners selling all their bitcoins at cheap prices is due to the fact that bitcoin price had spiked up so much.
If the same would have happened in the opposite direction and bitcoin would not have gained so much in price then these people wouldn't have worried so much.
May be they are unfortunate that bitcoin gained so much traction but they are still at a good place because bitcoin is still cheap.
Even if they get in now chances are that they will gain huge profits in future and yet there are many who selling at such cheap prices.
The same people will worry when bitcoin price will touch the new ATH. So the cycle repeats.

There are lots of people in similar situations to the OP. I think for those who were in bitcoin really early & lost it all, it’s worse for them than noobs who come now & can’t even buy 1 full bitcoin.

The thing is, life is too short. You can’t spend your life full of regret. Embrace life, make the best of it & start buying bitcoin again. You probably won’t be in as good a position as you would have been if you HODLED but you’ll still be in a better position than most of the world.

Dust yourself down & go again.

Everything will be an experience and also a very valuable lesson, and I also experience it but I am quick to think smart.
and I need to be able to differentiate between saving and investing from my paycheck, and I do both.
save only for immediate needs and invest for the long term or the future, which I think will be more effective and there will be no regrets in my investment even if the price drops. Because my goal for the long term is definitely the price will rise again even more than the highest price, and I believe that.
and i divide my salary every month regularly 15% for bitcoin, and 10% for savings, but when bitcoin price drop sharply to very low price i increase to buy bitcoin.

pretty much the same people story as you buddy. many people regret not sticking with what they believed at the time. in fact, when you see a documentary about bitcoin, they all stop believing in bitcoin. Scattered FUDs are so hard to resist. In addition, many also stop believing because of urgent economic needs. Well, each of us has a story of regret in the crypto world, and I have one too. anyway, I'm trying to fix that at the moment. although I'm re-accumulating assets bit by bit, I think it's good enough to hold on to longer term again.

Personally, I am a big advocate for self-help, and I am not opposed to assisting folks who have come into hard times.  You do not seem to even come close to anything like that, and for sure, through the interwebs, it is not very easy to verify sob stories, so in that regard, there are quite a few members (including yours truly) who are quite skeptical of seemingly opportunistic beggars - like you seem to be presenting yourself as such.

You might ask.  "What might self-help looked like for someone like me?"  Actually, even if you don't ask or want to ask, there are good examples for self-help in bitcoinlandia, and for example, if you had been putting $10 per week since the time of your late 2015 fuck up (or let's just say it took you nearly a year to figure out that you had fucked up in late 2015), so you could have started buying back into bitcoin at $10 per week 6 years ago, then by now you would have invested $3,130 and you would have accumulated right around 0.7 BTC.  

Not exactly world-changing amounts of money, but you would have more options by having 0.7 BTC right now rather than not having diddly squat and resorting to pitiful begging practices.

Of course, if you had been more aggressive in your reinvestment approach back into BTC, and you had invested $100 per week rather than $10 per week, then you would have had invested 10x more with $31,130 invested, and you would have accumulated nearly 7 BTC.

Ever since March 2020, I have suggested that people in the west try to be more aggressive with their investment into bitcoin with something like $100 per week rather than $10 per week, but each of us needs to figure out our own situation in such ways that each of us is careful to invest within reasonable and prudent boundaries of our means - without getting too aggressive and without relying upon pitiful begging that is really showing that you likely do not have much if any scruples in regards to figuring out ways to build for yourself rather than expecting handouts - in the event that we can eve believe the truth of your original story that you told, either..  

From my perspective, you have been failing and refusing to describe various BTC building efforts that you have been attempting, and instead, you just show yourself as a weak hand who sold too many BTC too soon (that is if we can believe your story in the first place), and have not presented yourself as a very sympathetic character and making it worse with your begging bullshit - as if anyone should give any shits about your situation merely because your original post had resulted in an interesting topic with a lot of posts from various other contributing members contained within this thread..

Hello, didnt expect that this topic is still alive !!
So in my life nothing change, if anyone wanna donate me here is addy:
BTC -3B1rkbpz2caGjJBiH596BzJrwZh95HXNoA
Doge - DG5XqeiotNzL3Bjb7eUey7e8KXFgZ3GXCV
ETH - 0x905d6a67f28901738c9966d0b1df35ce8a3d8c7f
LTC - M9D4BVH7fzU5hS5k5kT5oGoG3UjFbXTE21
Some guys made so made posts in this topic, this gonna be long night

If you are talking about bitcoin, then why don't you use the word?  You did not use the word at one point in your post.  Are you talking about bitcoin or something else?

I have hardly any clue when I see the word crypto..

Don't be buying shitcoins, and if you believe that there is a strong investment thesis then why aren't we just talking about bitcoin? 

Oh, you want to leave room for ethereum, without mentioning it?  Fuck ethereum, you don't even know what it is going to be in 2 weeks.. which has always been the case with that.. so if we are talking about keeping money in something for potentially longer than 3-4 years because we need to have to be able to ride out such possible volatility, then we are likely ONLY talking about bitcoin.. So why not use the word bitcoin in order to clarify - unless you really believe that there is some crap coins that are somewhat comparable to bitcoin.. but still pretty vague to be referring to the whole thing as crypto merely because you see other likely confused folks to be presenting with such ambiguities.. perhaps purposefully some of them.


You too.. fuck crypto and the crypto community... that's an amorphous term. What is the "crypto community?"

Yeah.. "I am into crypto"  It's kind of like gambling, you know.   

Ops your experience is not different from the experience of many of us here, I had a similar experience in 2014 when I lost almost everything to a fire incident and that took a toll on my investment and I almost run into depression, but then I was lucky I had some really good friend and group mates who always encourage me to continue after the incident.

But time has passed and I have fully recovered from that experience I encourage you to get over it and move on to the pursuit of success and better life, better days are ahead for the crypto community.

It is not advisable to invest all your money in crypto investment, because the market price can decide to remain low more than 3 or 4 years to make some investors that invested half of their money in crypto to exercise patience for the bull market to come before they can sell to make a good profits. And those that invested all their money on crypto don't have options to hold at the moment for 3 or 4 years than to sell to solve the family problem or business problem at the moment. Try to buy when the price is low in the market and hold for the price to increase higher in the market before you can sell in the market which is the best strategy many crypto investors are using to achieve success from their crypto investment. I think, it will be difficult for people to experience failure from their crypto investment compared to 2010 and 2011, because many people have learned from other people mistakes in the community never to experience any losses from the market again.

Mann, it's very natural but we need to remember that in crypto even single day change your life either up or down it depends but learn to satisfy what you get otherwise will cry everyday......

When it do talks about sudden need of money due to some emergencies then this is something that you shouldnt really regret because just like what you said that if you havent
done such thing then you wouldnt really be on this moment specially into those times do talks about health issues or needs of money then its not something that you should
regret on but it cant really be avoided that you wouldnt really be minding those things considering that if you do just able to hold your coins until now then you are
definitely rich on this time if we do speak about the current value of bitcoin but well past is past and we cant change it out.

The altcoin hype is really promising even though it's all a trap so that you become FOMO, even when the price is high then the developer will sell all the tokens they have and a decrease to 90% is what I often see in altcoins or shitcoins, it is necessary to suggest shitcoins indeed it is necessary to avoid saving your assets from what you built at the beginning, so don't be tempted by any shitcoin or altcoin that is not clear.

Lately, many new projects have come by offering the products they developed to the public, of course at first when the token entered the market the price went up and even soared, but I don't know why in a few months the token was destroyed in the market or was it because the developer couldn't hold it back? wall order or are they selling slowly? Therefore, you must think clearly that shitcoin will be sweet at the beginning while those who come later will receive the consequences by destroying the token.

Remember, big investors or whales are now playing in bitcoin for the long term, not shitcoins, we must be aware that in this case bitcoins need to be in your wallet, not shitcoins that are not clear.

All the wealth that we will have has actually been determined and of course many have experienced things like you because they regretted releasing some of our Bitcoin assets because there was an urgent need while at that time the price of Bitcoin was very low, especially if it was converted to the current price, the difference would be enormous. but all that does not need to be regretted because you sold your assets for other needs and it is proven that you can still survive today.

All traders have suffered various losses due to the hype of altcoin investing in cryptocurrencies, which is why some altcoins are called bullsh*t even the previous top 5 altcoin luna coins have crashed without recovery and have realized that many traders regarding technical flows on altcoin movements are very sensitive and unpredictable. However, the top altcoin alternatives are only ETH and BNB so nothing else.

You are right, the investment strategy above is very complete to add more bitcoins regularly to your long-term portfolio, but you must be consistent for long-term investments without involving investments from other basic needs funds because many investors decide to take profit/cut loss due to financial mismanagement. So it will damage the portfolio for long-term investment purposes.

As long as you are still willing to learn and try everything in the crypto space and related to Bitcoin, then it is never too late for anyone because people who are familiar with cryptocurrencies and mining will also enter the market to sell all the results they mine and that too. it is also not much different from those who go directly to the market to buy cryptocurrencies for profit. So it doesn't matter whether it's early or late because it's still not much different.

Shitcoin did mislead me, I also experienced a big loss because the reason I bought shitcoin was because I was too ambitious to make big profits but what happened it all lost 70% and after that I don't want shitcoin to be in my hands especially on a new project I will continue ignore it even though many offer this token it's interesting.

It's true we have to focus on bitcoin which is actually the main and top coin, I think there have been many strategic ways of investing in bitcoin from Hodl, DCA, buying BTC while having capital and many others, one thing I do on bitcoin is long term investment.

It was not all about luck. What went wrong with you and make you lose your money is that you are investing the wrong coins.
Playkey, Aion, - I can't even see these coins listed in reputable exchanges or even showing a remarkable performance that could make us profitable. Perhaps nothing and therefore, you can't blame Bitcoin or crypto in general for making mistakes as it was your fault. Because if you just focus on Bitcoin and Ethereum, I'm not going to wonder about hearing good words from you and market appreciation. 

let's just say it's not the case, I feel you are luckier than me, at the beginning of the emergence of crypto you already know it. maybe you are a little late, so you wait a few years until you see crypto progress mining for your life needs. friend.
if you regret all of that you are not too late. I agree with JayJuanGee that any activity including mining will lead to buying and selling too. you can also watch the movement and try to observe it Here who knows your passion that you haven't explored is trading, without having to buy tools to get bitcoin or other cryptocurrencies. Come on, cheer up friends.

Fuck Crypto currencies, and shitcoins, and fuck luck.  It is not all about luck if you figure out some kind of focus rather than believing in some amorphous concept.

Focus on bitcoin, and figure out a strategy in regards to bitcoin, and if you are easily distracted into shitcoins, then you might be a lost cause.

If you have not really started building your bitcoin stash, then get started and figure out what your target is going to be and you can accumulate BTB by dollar cost averaging, lump sum investing and buying on dips.  You can also earn bitcoin, but you still need to figure out what your target accumulation level and your various methods to make progress towards getting closer to your target.  Your focus should be more clear also once you reach or get close to reaching your target BTC accumulation level.

If you have been dabbling in various bullshit, then maybe you have not accumulated anything or created an investment portfolio, so you could start up focusing on accumulating a certain quantity of bitcoin, and maintaining your cash balances too.. and for example once you build your investment portfolio up to a certain size.. such as $40k or $50k, then maybe you could start to diversify out into other assets (no I am not talking about diversifying into shitcoins - but maybe once you get up to $200k, then maybe you could play around with 5% or so of your investment portfolio with shitcoins)..

The target amounts are going to vary from person to person and also vary based on if you have already established an investment portfolio or if you may well be in the earlier stages of establishing an investment portfolio so you need to build up a bit of a base, first.. and not by dabbling in amorphous and unnamed shitcoins - that remain so unclear to you that you refer to them as "crypto"... Think about it, if you are referring to investing into "crypto" then you likely have no fucking clue about what you are investing into; you could just as well be playing roulette, and investing should not work like that unless you are aiming to have fun staying poor forever.

Since 2017 I have been involved in the world of cryptocurrencies. I was not so ignorant about cryptocurrencies then.Some of my friends helped me in this matter, also I can learn a lot from YouTube videos.  From my experience so far, there are both profit and loss in cryptocurrency.I have lost a lot in cryptocurrency, and lost a lot of money losing. I had $2k Aion tokens,playkey,Verify, bitcoin $3k tokens also I lost.A few days ago I also lost in squad game tokens.However your case is very sad, don't let this happen to anyone. This is true, many people have benefited from cryptocurrency.Cryptocurrency is all about luck.