Let me quote a few snippets from the article:
"It’s all about me being too greedy."
"I failed not for lacking skills, but for my thoughts."
Pretty much sums up what OP's mistakes were, but don't worry, you only fail when you stop trying. Get back up. I'm an early adopter too, but I'm not a millionaire.
Topic: Why I failed to make a fortune as an early bitcoin adopter? - page 4. (Read 26973 times)
Do you want us to pity you OP? You haven't made a fortune, but you made money. You haven't said how much, but I expect working in that big Chinese company has brought you significant profits. You're probably dreaming of becoming a bitcoin millionaire, but if everyone could easily become one we'd be living in a world full of millionaires, dreaming of becoming multimillionaires.
is it just me or is the article vague and weird?
he says "i was one of the early investors before 2013 when price was $100" and i understand that he made a large investment at that price.
the he continues by saying:
what does that even mean? just because some other group of people bought bitcoin at $0.1 and less doesn't mean HE didn't make a fortune!
someone who has bought right before the Mtgox pump at $100 has obviously made 1100% profit in a very short time.
all i can see is him crying that he made 1100% profit in half a year while others made 10 times that amount in 3 years! i wish i could be sad about such profits in such short period of time!!!!
then in the end
faith is only for idiots and old women in a nunnery.
you need knowledge and experience to be successful.
he says "i was one of the early investors before 2013 when price was $100" and i understand that he made a large investment at that price.
the he continues by saying:
Quote
"... Among early investors, some were even earlier than me, they started with merely several dollars. .... As such, just like stocks, though there were some early stockholders in 1990s, only a small number of people made a profit."
what does that even mean? just because some other group of people bought bitcoin at $0.1 and less doesn't mean HE didn't make a fortune!
someone who has bought right before the Mtgox pump at $100 has obviously made 1100% profit in a very short time.
all i can see is him crying that he made 1100% profit in half a year while others made 10 times that amount in 3 years! i wish i could be sad about such profits in such short period of time!!!!
then in the end
Quote
With faith, investors succeed.
With faith, entrepreneurs succeed.
With faith, stockholders succeed.
this is bullshit.With faith, entrepreneurs succeed.
With faith, stockholders succeed.
faith is only for idiots and old women in a nunnery.
you need knowledge and experience to be successful.
I can relate to that, I too am an early adopter and saw bitcoin in the ~$60, I am not rich.
And I lost my coins in a lot of scams and made poorly trade decisions.
It sucks.
And I lost my coins in a lot of scams and made poorly trade decisions.
It sucks.
That is a sad story, I am good at holding my bitcoin, that is why I still own 3-figure bitcoin now. It is a wonderful dream which I made it come true.
I can relate to that, I too am an early adopter and saw bitcoin in the ~$60, I am not rich.
And I lost my coins in a lot of scams and made poorly trade decisions.
It sucks.
And I lost my coins in a lot of scams and made poorly trade decisions.
It sucks.
Note: The author of this article, Velaciela, aka V酱, was the Co-founder of Yibite, a bitcoin news site that was founded in 2014 but finished in 2015. The story below is a vivid description of his gains and pains when working for a bitcoin startup. Not every early adopter can take fortune-making ride of bitcoin.
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Bitcoin soared over $1000, hitting a record high as it happened at the end of 2013 and the beginning of 2014.
As an early bitcoin user and investor, or even a so-called entrepreneur, it would be lying to say that I didn’t make a profit from it. But honestly speaking，I am not financially independent or a successful investor though I indeed invested a lot of money in bitcoin and got some opportunities to learn something about the bitcoin blockchain. Therefore, it can be said without exaggeration that my investment in bitcoin is a big disaster.
I never thought I would share my experience with anyone, but it’s just not right to do that, so I’d like to say something about bitcoin and what I have learned from it.
http://news.8btc.com/why-i-failed-to-make-a-fortune-as-an-early-bitcoin-adopter
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Bitcoin soared over $1000, hitting a record high as it happened at the end of 2013 and the beginning of 2014.
As an early bitcoin user and investor, or even a so-called entrepreneur, it would be lying to say that I didn’t make a profit from it. But honestly speaking，I am not financially independent or a successful investor though I indeed invested a lot of money in bitcoin and got some opportunities to learn something about the bitcoin blockchain. Therefore, it can be said without exaggeration that my investment in bitcoin is a big disaster.
I never thought I would share my experience with anyone, but it’s just not right to do that, so I’d like to say something about bitcoin and what I have learned from it.
http://news.8btc.com/why-i-failed-to-make-a-fortune-as-an-early-bitcoin-adopter
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