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Author Topic: Lost around 5BTC in 2013... Time to start again  (Read 1897 times)
mace15
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October 03, 2017, 09:52:19 PM
 #81

I have some sort of similar story. 2013 was unlucky year for me too. but 2017 gave me things I've lost. wishing the same for you as well..
When you lose money for sure there is a new blessing comes in your way. Then its nice that you have recovered, the best thing is to start again. Bitcoin is a good investment wether you lose some you will win somehow in beleiving yourself that you can achieve your goals in life. Invest again in btc and surely you can achieve profit.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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cryp24x
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October 03, 2017, 09:58:47 PM
 #82

I have some sort of similar story. 2013 was unlucky year for me too. but 2017 gave me things I've lost. wishing the same for you as well..
When you lose money for sure there is a new blessing comes in your way. Then its nice that you have recovered, the best thing is to start again. Bitcoin is a good investment wether you lose some you will win somehow in beleiving yourself that you can achieve your goals in life. Invest again in btc and surely you can achieve profit.

I agree, if a door shutsdown, for sure a window will open.  Opportunities comes once but with Bitcoin it comes almost every hour.  Through volatility and price movement.  It is good to know that OP was not discouraged from his lost last 2013 and eventually recovered it this year.  Just keep on tying and learn and never give up
, that is what i learned from OP's experience.
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October 03, 2017, 10:08:21 PM
 #83

Last year i sold 5 btc with 300-800$ rate. i wish i held them but it had emergency.
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October 03, 2017, 10:12:49 PM
 #84

So back in 2012 / 2013 I was quite involved with the Crypto scene, and invested in a mining rig (good old days!) After around a year or so, I managed to mine LTC, trade BTC etc and had somewhere in the region of 5BTC. As the prices all started to plummet, I turned the rig to a desktop computer and stupidly left all of my coins in Cryptsy. Easily done for someone who understood the basic fundamentals of the Crypto world, but not all of the security to go with it.

I managed to recover about 0.2BTC from old wallets etc, and although kicking myself that I could have a life changing amount of money, I've come to a conclusion that I just need to build a bridge and start again!

My question to you all is have you ever experienced anything like this? How did you find the motivation to start again? And what do you think are the best ways nowadays (as i'm 4 years out of touch) at getting back to that milestone of 1BTC in my wallet?

Thanks,
My advice to you is to try again. Smiley I know that losing lots of bitcoin makes you upset and disappointed and let go bitcoins out of your life (maybe that's the reason of your four year out of touch with btc), but you should not give up because you still have .2 btc, you can use this as your capital so use it wisely.

Count the things that you still have, not the things that you don't. Besides, I know that you can still earn becuase you have lots of experience than some of us in earning bitcoins, good luck!. Smiley
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October 03, 2017, 10:18:28 PM
 #85

Hmm what a touching story. I knwo the feeling. My own mistake was playing around around year 2011 in the internet without giving  attention to Bitcoin.

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October 06, 2017, 01:54:31 AM
 #86

Damn man that's terrible but yes you should definitely try again as it's never too late especially in this space. You just have to believe and you will connect to a method that suits you. But it won't be mining. Those days are over.

 
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October 19, 2017, 01:23:27 PM
 #87

So back in 2012 / 2013 I was quite involved with the Crypto scene, and invested in a mining rig (good old days!) After around a year or so, I managed to mine LTC, trade BTC etc and had somewhere in the region of 5BTC. As the prices all started to plummet, I turned the rig to a desktop computer and stupidly left all of my coins in Cryptsy. Easily done for someone who understood the basic fundamentals of the Crypto world, but not all of the security to go with it.

I managed to recover about 0.2BTC from old wallets etc, and although kicking myself that I could have a life changing amount of money, I've come to a conclusion that I just need to build a bridge and start again!

My question to you all is have you ever experienced anything like this? How did you find the motivation to start again? And what do you think are the best ways nowadays (as i'm 4 years out of touch) at getting back to that milestone of 1BTC in my wallet?

Thanks,
  it's so sad!!  Sad  of course you should start again! I think it's never late to begin  Smiley
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October 22, 2017, 07:36:12 PM
 #88

This happen always, not only you lost on the bitcoin course, so many people have same problem, some people just bought bitcoins some years ago and was thinking bitcoin will never grow up and they just forget about their wallets, but how you see now bitcoin is growing up, and its not too late for investing again.
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October 22, 2017, 08:05:42 PM
 #89

The gold rule is never left your coins into exchanges, there is a risk and isnt the first time that some exchange scam or get some issue like hacker attacks. I dont know how easy is to start again, knowing you had 5 bitcoins wich could make your life easy to make money with those, but well lesson learned. I had trusted into a marketplace without 2fa, and i got scammed by the seller, that took my keys, soo you must take care at where you have your money and be sure you are with all securities measures turned on, as the support told me if i had those 2fa i wouldnt had lost my coins at all.
Calangaman
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October 22, 2017, 08:25:20 PM
 #90

I can't imagine how many BTC were lost since its creation. Sorry for you, man !

Well at least, this will increase scarcity  Grin
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October 22, 2017, 08:30:44 PM
 #91

In 2013 the price of 1 BTC was between 100$ and 1000$, that's not a small amount you can easily loose and forget about, in the same time you can't say that you lost 30.000$, according to actual price.
Just forget about it and try to start over again? it will not be a hard thing for you to do, since you managed to collect 5 BTC in past. I am certain you will find a way to recover and make more than you lost. You can start trading with the money you have.

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October 22, 2017, 09:11:34 PM
 #92

If you lost around 5 btc in 2013 that must suck, but other people have probably done the same thing so you just have to keep on gaining knowledge while nobody else is and that will be valuable.

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