Does not matter much as getting rich was never my agenda.
Good thing that you did not get rich.
In some sense, you have been successful especially since it would be difficult to become too richie if you had been buying a lot of your coins between $30k and $60k and then selling most if not all of them there coins at $20k and then focused upon promoting and buying uncle sam's IBonds at $16k.
Sucks to be uie-pooie, even if you might have been achieving your having fun staying poor mission.
Brutal
I tell ya its tough out there. Being in crypto gets you no respect.
I tell ya its tough out there. Being in crypto gets you no respect.
Wow...
You must be competing with Philip in regards to who can have fun staying poor the MOAR quickly.
Have you thought about Ibonds?
Went to the barber today, said what kind of haircut can I get for 100 DOGE
He said 100 DOGE gets you a shampoo of my balls
Then he doused me with barbicide and set me on fire
No respect at all
He said 100 DOGE gets you a shampoo of my balls
Then he doused me with barbicide and set me on fire
No respect at all
Oh? Even MOAR better.
Philip appreciates dee essence of dee doggie coin too..
Several times, Philip told us that he believes doggie coin is probably going to be the ONLY POW coin standing (though yeah of course Philip is projecting out 30-ish years to the extent that he knows shit regarding how the various POW coins work and how the incentives to mine doggie coin are better (from his dumbass point of view) than bitcoin..).
If you know quality and you have long term thinking can't go wrong with a wee bit of doggie... - especially if your objective involves having fun staying poor.
Ps.. I am starting to feel a wee bit bad in regards to overly beating up (focusing) on Philip.. he does not even completely deserve it.. I am kind of sorry Philip..,.., there might not be enough depressing things in bitcoinlandia to talk about.. so I suppose there can develop feelings of gotta lash out .
Most people here will be driving a brand new car in approximately 24 months from now. 
Never buy brand new, always a shitty investment. As soon as you drive it off the forecourt it loses value. I always go for 6-9 months old.I will be getting a new whip in the next bull cycle again, well a 6-9 month old one
If you are worried about value.. then frequently three years is pretty good on the depreciation and still having good chances of being like new.. partly depending on how much it might have had been used too... but hey.. yeah, the markets surely do change and some cars hold their value more than others.. but we could not necessarily count on newer cars (less than 3 years old) holding their value very well.
In my own situation, several times I had mentioned that in more than my first 20 years after leaving home, I had never bought any new cars (unlike a lot of my friends), and around 2010 or so - I was starting to feel that I had a lot of excessive income, savings and investments, so at some point, we might no longer care about whether some of our "consumables" are holding their value .. because we don't mind spending some excessive money.. and at the same time, I do get what might be your point.. which might be that there are too many people who buy way too many depreciating consumables way too early in their living (or what should be investing periods of their lives), but if they had invested their money in decently good ways, then at later points.. maybe 10, 20 or 30 years later, then they likely could end up in a place in which they might be able to spend way more than they had been doing in what should have had been in their earlier investing and saving years.
Many of us likely realize that if we are building our own wealth and starting out without too many resources or income and maybe we have to invest in ourselves (college or some kind of learning or trade), and it may well be quite difficult to really build wealth in such a way that we have excess wealth at any time prior to 10 years into our building of our savings/investing.. and sometimes we might have some difficulties getting to that point even after 20 or 30 years, so how are we going to know if we have reached a kind of "excess wealth" status, or if we might be living within a kind of false perception of the solidness of our own situation?
It seems to me that getting involved in bitcoin likely does help us to be able to build a kind of potential of being able to short-cut the amount of time that it is going to take to get to a kind of excess wealth status.. and still I have my doubts absent some unusual, lucky or false sense of reality circumstances, about getting to a kind of "excessive wealth status" in less than 10 years..
...and frequently we are likely going to be needing some decent amounts of wealth cushion in our lives prior to pulling various forms of fuck you levers** (and maybe that could be part of the rationale for diversifying some of our wealth as we have gained wealth.. in order to that we might not have all of our wealth in one or two assets.. such as ONLY in bitcoin and cash.. even though I surely am not against the idea of focusing and not diluting investing amounts in our earlier stages of building our investment portfolio, which may well end up meaning ONLY having a couple of investments in the first several years (maybe even the first 5-8 years or so).. but at some point, there likely is some needs for diversification outside of bitcoin - such as into equities, property, commodities, bonds (or cash equivalents).. and surely shitcoins are not really necessary as a diversification.. even if they might scratch some kind of a gambling itch.. so long as their amounts are kept in the low-ish category.. perhaps less than 10 % of the size of our bitcoin investment size might be within the realm of acceptable.
** surely I recall some forum members (WO participants) telling us how within their bitcoin (and shitcoin) journies they had pulled the fuck you lever way too early.. which really seems to be problematic to get into a position to have to go back to working as a Wallmart greeter after believing that you had enough wealth to support the costs of a yacht and including the lifestyle of hookers, Lambos and blow... (and yeah many times these guys and gals are not really going to disclose exactly and we may well be able to reasonably infer the situation and they may well end up admitting to how tricky it can be to get to a kind of excessive wealth status that might rise to reasonable expectations of fuck you status - rather than pie in the sky thinking status) and surely my own perception is to build the wealth to such a level that you would be living off the income from the principle (passive income) which would be in the ballpark of 4% per year, rather than depleting the principle.. and easier said than done to accomplish appropriate valuations regarding what is the value of the principle. and then how to calculate withdrawing the 4%.. and do you really have enough to start withdrawing and are you overly withdrawing or what? and is your investments their value.. or sufficiently appreciating (on average) to justify your 4% withdrawal rate..
