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Author Topic: Are there people here from 2013 who are not millionaires now?  (Read 7281 times)
thesavoyard
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June 09, 2017, 08:11:49 AM
 #41

You can be a millionaire if you hold it for long. VERY LONG.
CAN YOU SLEEP IF YOU HAVE $100.000 in bitcoins?

If you have $10.000 on your BTC wallet, many people withdrawal their money.. Don't you?

1 year later you have $200.000 in your BTC wallet?
- still not a millionaire but do you hold your wallet or withdrawal?

You don't know the value tomorrow..
maybe 2 months laters you have just $50.000 or one million. So you can lose $150.000.. You don't know!
many people withdrawal their money before being a millionaire.




ugggggggggggggggggggggggggggggggggggggggggggggggggggggggggggghhhhhhhhhhhhhhhhhh hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

I have grown soooooooooooooooooooooooooooo fucking tired of explaining basic math to idiots in crypto.

ooooooooooover & ooooooooooooooover & ooooooooooooooooooooooooover

yeeeeeeeeeeeeeeeeeeeeeeeeeeeeear after yeaeeeeeeer

Guess what Investards ?


TIME IS MONEY


For the love of fucking all that is fucking holy let me get this through your thick ass fucking skulls once & for all.

YOU.
Are.
ALL.
Stupid.

I am the *ONLY* smart one here ..so listen the fuck up.

When you invest in something and you do not get a return ?
The more time passes the more of a loss you are incurring.

A simple way to look at it is you *could* have invested in something else during the waiting period and thus the lagging time consuming investment is actually incurring loss.

So sitting on a shitcoin for 4 years waiting is retarded faggotry when you could have simply sat on BTC and tripled your money for example.
Of course there is idiots who sat on Dash for 4 years then BINGO struck it rich.. but it was 100% pure dumb luck by accident.

You all should be very embarrassed because i am not educated and have no previous trading experience and am not very smart at all.
I am basically a school drop out with no money and you dipshit retard "INVESTORS" out there make me look like Albert fucking god damn Einstein with your unbelievably fucking EPIC stupidity.

..most of you are broke already you just don't know it yet.


Almost every altcoin in the top 100 has outperformed BTC since 2013.

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Blamsud
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June 09, 2017, 09:23:48 AM
 #42


crypto millionaire? then for sure there are some specially on earlier years not only on bitcoin but also on other cryptos and if theres one who would speak here then its a good thing to know his past experiences and perspective on cryptoworld. being a millionaire is once in a life time case which do most people do wish of to happen on their lives but we should not forget there are past mistakes of traders which is the reason that not make them as a millionaire.
Seems like the only mistake they make is selling too early

Holding indefinitely = millionaire?
[/quote]

Holding can be fine but trying to do trading and investing can make more income.
Omega Weapon
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June 11, 2017, 02:58:00 AM
 #43

Quote
crypto millionaire? then for sure there are some specially on earlier years not only on bitcoin but also on other cryptos and if theres one who would speak here then its a good thing to know his past experiences and perspective on cryptoworld. being a millionaire is once in a life time case which do most people do wish of to happen on their lives but we should not forget there are past mistakes of traders which is the reason that not make them as a millionaire.
Seems like the only mistake they make is selling too early

Holding indefinitely = millionaire?

If you were an early adopter holding for a very long time could make you millionaire but the problem is that is not the strategy of most users, most users like the thrill of trading and trying to outsmart the market, if you are able then cool but for most people that is simply not possible and they deceive themselves thinking they will be able to do it.
Beeskee
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June 11, 2017, 03:09:42 AM
 #44

I'm not. Sad

I heard about it in v0.3, from the first Bitcoin announcement on Slashdot.
I would have been buying $100 worth of BTC a month, before the first spike.

Unfortunately, I only had access to Paypal.
No one here trusts that, and nobody selling bitcoin lived near me at the time.

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June 11, 2017, 03:30:39 AM
 #45

Who is here from 2013 who is not a USD millionaire at least on paper?

I bet noone here from 2011 is not a millionaire.

If so what were your big mistakes that prevented this from being the case?

** edit

don't take from this post that I myself claim to have attained that millionaire status .... but then my early trading was an example of how not to trade. Im guessing the majority has done far better.


let us not let this thread turn into a sour grapes situation....but it is nice to know many average everyday people have now made life changing amounts of fiat due to crypto. I feel millionaire status is within grasp of so many that are here even recently.

let them enjoy their success and inspire us all..
If they made it by buying fairly on the market or mining fairly then it is great to know that so many have done so well.



Yeah , here I am the one who didn't yet became millionaire and working hardwork in the Bitcoin field from 2013 .
Since I started my job with the Bitcoin in the year 2013 but my serious investment in this field was started in the mid of the year 2015 after the scam.of the hashocean.com ( cloudmining site ) .
And after that I started my trading and made the investment in the Bitcoin and from.that day I am making a small amount of the money with the Bitcoin ( which is sufficient for the my life to live easily ) but still I didn't get that amount of money which can make me millionaire .
All over here is only my mistake , I was able to do something much more better then what I am doing because I lost much money in the dead coins and in hyip sites and gambling also .
Well here I have 1 btc currently in my wallet and now thinking that I will become millionaire atleast in the year 2020 ( according to the price prediction of the Bitcoin ) .
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June 11, 2017, 03:52:26 AM
 #46

If there are those millionaires, they are sitting on their own island drinking cocktails and not here to answer.

if you arent a miner then  its a zero sum game. someones gain is someone elses loss. i think the quote is the best answer so far. interesting responses here though, i had assumed the same too that there were lots of millionaires but clearly human emotion impacts even the best hodler.
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June 11, 2017, 06:44:15 AM
 #47

you know, someone regard coin invest as a sideline,but sometime they are busy for the realistic things
I believed a lots of guys miss the opportunity like me! Cry Cry
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June 11, 2017, 06:48:15 AM
 #48

No lol. Otherwise why do you think that most of us are still on this forum anyways? If I was a millionaire i would be enjoying the high life and taking vacations whenever I can and not bother to check back on this forum every once in a while... Sigh.

You can't assume that people just held through all these years. I've been using bitcoin since 2010 and i'm still a pretty broke bloke. The worst thing i did with my savings was to buy in at 2013 near the ATH only to sell it at $200 apiece a year later. Absolute stupidity if you ask anyone right now. But things looked grim back then, bitcoin was still in its early stages and didn't have many believers. If i held these coins i still would have doubled my money which is crazy if you ask me.
K210
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June 11, 2017, 02:49:27 PM
 #49

I got into crypto in early 2014 and i am not a millionaire. However i have come pretty close. Lets just say the value of my crypto holdings is greater than 500K. I invested less than $5,000 so i think i have done pretty well. The only reason i am not a millionaire now is that i did not have more capital to invest back in those days.

I remember in 2013 people were making posts like these claiming that everyone who invested in 2009/2010 was a millionaire. The reality cannot be further from the truth as it takes a whole lot of extraordinary circumstances to work in your favour even in you invest in the right crypto at the right time. There was a guy in 2010 who spent 10,000 BTC to buy 2 pizzas, others spent their coins on gambling sites. Even satoshi was handing out BTC left, right and centre back then.
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June 11, 2017, 04:47:10 PM
 #50

Been involved in bitcoin since 2011. Cashed in too soon. When it hit $20 I thought it was too good to be true and sold all of the several hundred I had mined to that point.

After that I didn't pay attention to bitcoin or altcoins for several years. Finally last year started getting interested again and bought some Dash at around $3/coin. Made the same mistake as before - sold when it hit $16.

Investing in several more coins this time and won't make the same mistake again - holding until I get at least enough to pay off my house and all other debts.



Oh you seem to have a good gut feeling for picking coins up at the right time - so what do you invest in now? Tongue

Since it's the weekend, probably beer  Grin
Febo
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June 11, 2017, 06:44:57 PM
 #51

I am from late 2013 and about 40k USD in debt!   Grin

Well late 2013 are extremely bad timing. You should wait 2 more years to buy cheap.  We that joined at wrong timing will need 2 more bubbles to have a million Tongue
charlescoin
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June 11, 2017, 06:48:44 PM
 #52

No lol. Otherwise why do you think that most of us are still on this forum anyways? If I was a millionaire i would be enjoying the high life and taking vacations whenever I can and not bother to check back on this forum every once in a while... Sigh.

You can't assume that people just held through all these years. I've been using bitcoin since 2010 and i'm still a pretty broke bloke. The worst thing i did with my savings was to buy in at 2013 near the ATH only to sell it at $200 apiece a year later. Absolute stupidity if you ask anyone right now. But things looked grim back then, bitcoin was still in its early stages and didn't have many believers. If i held these coins i still would have doubled my money which is crazy if you ask me.

This is why it is a minority of people from 2013 that are millionaires, most people sell off long before having a net worth that high. You can call it short sighted but why would you risk tens of thousands or hundreds of thousands of dollars if you can take it out risk free.
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June 11, 2017, 07:32:56 PM
 #53

Not yet, hopefully by the end of the year. 2018 the latest. When the next halving comes the price will be that much higher. Buy and hold, this is revolutionizing money, banking and other applications that will come about from blockchain tech. Buckle up and enjoy the ride!
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June 14, 2017, 02:34:26 AM
Last edit: June 19, 2017, 05:22:43 AM by Omega Weapon
 #54

No lol. Otherwise why do you think that most of us are still on this forum anyways? If I was a millionaire i would be enjoying the high life and taking vacations whenever I can and not bother to check back on this forum every once in a while... Sigh.

You can't assume that people just held through all these years. I've been using bitcoin since 2010 and i'm still a pretty broke bloke. The worst thing i did with my savings was to buy in at 2013 near the ATH only to sell it at $200 apiece a year later. Absolute stupidity if you ask anyone right now. But things looked grim back then, bitcoin was still in its early stages and didn't have many believers. If i held these coins i still would have doubled my money which is crazy if you ask me.

This is why it is a minority of people from 2013 that are millionaires, most people sell off long before having a net worth that high. You can call it short sighted but why would you risk tens of thousands or hundreds of thousands of dollars if you can take it out risk free.
This is correct, those that bought back in the day, probably took the earnings they could and then they sold, nothing wrong with that but only those that truly believed in bitcoin or that were very intelligent investors will keep their coins for this long and I’m sure even them have problems holding at the moment since the temptation to sell at these prices are without a doubt something to take into consideration.
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June 14, 2017, 05:00:13 AM
 #55

I joined bitcointalk in 13 May 2017, all i do in this forum is collecting coin then dump it for real money... which so many coins I dumped in my early days I don't know what coins are those that could have made me profit,yes greed is your big enemy here and patient is a virtue.
now after read this thread i think i'll change my habbit because maybe some day i became a millionere too  Grin so much inspiration from bitcointalk to do something but i will try which way is suit me most, too much way to follow
betlord90
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June 14, 2017, 05:09:26 AM
 #56

Many people came from 2013 are not becoming millionaires at this current year since of the people used to grab more btc at that time already sold their BTC for their own financial needs ad maybe those who became millionaire's unto it are those people who forget that they have balance in their wallets but this matter is so rare since there are no claimnants that they become rich for staking since year 2013.
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June 14, 2017, 05:09:45 AM
 #57

I not think only know and buy Bitcoin in 2013-2015 is good way become to millionaire. I have some friends buy ETH in end 2016 with price 6$ and mining it, just hold it and today they has been become to millionaire and not need wait more time like Bitcoin =)). Some other friends not choose ETH, they choose other altcoin as NEM, Ripple, Stellar Lumen, Stratis, Digital Byte ... and became millionaire too
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June 14, 2017, 05:12:52 AM
 #58

This was easier for people who bought their ETH during the ICO  Grin

The price was around 1660 eth for 1 BTC, I remember when I was saying "the markep cap will be at $20~25m, this is damn too high, this will never work". Damn it.

I was a Dogelionaire, does that count ?  Grin

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The Notorious BTC
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June 14, 2017, 05:17:24 AM
 #59

it seems likely we have a handful of millionaires from 2013 but I would say it's a SMALL handful. Take's lots of discipline and a little luck.
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June 14, 2017, 05:31:41 AM
 #60

The chances of becoming a millionaires2 from altcoin purchases are very easy, but for those who can keep their altcoin on hold it can make sense, since long-term purchases can profit them more than 100% if they grow altcoins from 2013 to 2017 now, They not only have the chance to become millionaires even they have the opportunity to become a billionaire
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