That guy is either rich or kicking himself in the head every morning.
Yeah thats for sure, I hope someone with the correct talk at that time... Kept his believe and knowledge in the matter, if so then he deserves to be rich at this time.
I couldn't agree more ! But why am i still poor ?
Because you failed and refused to stack sats.
You got caught up on some losses that you made (Gox or whatever), and then you got attached to whining about such losses without actively engaging in reasonable and prudent activities to protect and assure your own interests .. especially failing/refusing to pee pare ur lil selfie for UPpity.
Sure, sucks to be you, but you really have no one to blame but yourself, and you still seem to be whining about your lack of preparedness.
Just think about a mere 5 months ago, a decent quantity of bitcoin could have been bought in the $10ks and now would have more than 3x value.
Hey, I am not really into lump sum investing, but really, the last 3 years had provided a lot of opportunities to acquire BTC for way less than $10k per BTC on average..
just with DCAing with about $50 per week could have gotten you a whole bitcoin by now with over 3.5x of profits, and of course, more aggressive investment could have gotten you more... maybe not exactly rich, but not a bad return on investment either.
Of course a longer period of time,
such as 7 years of regular modest DCA investing into bitcoin (which would have been about the time that you found out about your MTGox issue), would have gotten you even greater returns of something like more than 22 BTC and about 41x returns.. nothing to sneeze at, even if you would not consider yourself as being rich with 22BTC and modest investing over the years.
So some of us have had modest means over the years and have ONLY been able to invest small portions of value because of our cashflow, but have been feeling quite giddy in recent times because we have become much better off because of bitcoin, even if we might not feel rich, exactly. Of course, mistakes can be made, too in terms of not getting 41x returns that would have happened over such a 7 year period of time.. and probably I am around 30x instead of 41x.. but hey I am not complaining.
And, then there are pretty BIG ass mistakes such a mindrust who seems to have sold his 10 accumulated bitcoin at a quite inopportune time, but maybe even mindrust is doing better than you, eXPHorizon, because I am pretty sure that he bought back 1 BTC... which many of us consider to be a wee bit lame and even bordering on retarded, but it is not as retarded as being a whinny no coiner who is still whining about the coins that he lost on MTGOX and fails/refuses to take a reasonable and prudent BTC investment approach that would involve DCA and perhaps a few other reasonable and prudent strategies such as buying on dips.