How Bitcoin almost made me rich

[sheenshane]

I actually read your whole statement that I don’t really use to do.  But when I was reading it, I found myself feeling cringe, sorry for this but it might we all know that this really is cringy.

You know what?
During the entire story, I felt the emotions I never wanted to feel.  Greediness, impulsiveness, procrastination, emotional weakness, trust issues (the other way), and also the ego.  These, are the main emotions, attitude and behavior that attracts misfortune, makes your life ruined and mess, and I can tell, you are a type of person who complains often.  If you remain the same, even if you have all the wealth in the world, it will shrink.

One piece of advice, consider me as a friend of yours.  But mate, you had to change your mindset and for this one, this will turn to yourself in possible depression if you will still stay in your situation.  I suggest you move on and just learn from this mistake and you still have your life to recover, you did it once, so you can do it again.

[1714001799]

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[1714001799]

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[blckhawk]

~

I read your story and it was really unfortunate. You could become a millionaire right now but you commit a mistake which is investing with a lack of knowledge that leads you to invest in Ponzi and losing half of your earnings while the other one is not saving your private keys. It is not bad to take a break from crypto since it was undeniably stressful sometimes but don't forget to save your private keys cause' it is the only way to access them. Just like you, I enter the crypto space in the year 2017 and I also used a blockchain wallet, I could be a millionaire right now as well but the mistake I did was to keep spending all the Bitcoin I got. I should have held it. Anyway, it is already done we should move on now and take it as a lesson. It is never too late to make an entry anyway so start up once again and never swayed by your past mistakes.

[JoMarrah Iarim Dan]

Based on my little experience in the currency market four years ago, then I was still in the university then trying to make pocket money from little of my trading ideas. You know buying  a particular currency pairs at the bottom while selling at the top with few of my trading strategies like the Bollinger bands, RSI and and the moving averages.

I decided to invest in Bitcoin with the help of my new friends who are into Bitcoin trading and investments. Although at that time I didn't have substantial knowledge on how bitcoin works so, I decided to invest all my hard earn money to the extent I sold my most precious treasure which is my classical Guitar that I always use for my musical classes. Then my dream was to keep my Bitcoin for at least 1 years for it to appreciate more before selling it so I could be as rich compared to my local government chair lol. My dream!

I was working then so I decided to apply for mini jobs so as to get extra money to buy more bitcoins cause I wasn't getting enough from my currency trading. I was able to acquire 2.25 Bitcoin worth $18,000. As at 2017 one bitcoin worth about $8,000. Then the only popular crypto wallet in my region was Blockchain, so i was using it to store my Bitcoin. After a while I venture into Bitcoin investments. Never new they're all Ponzi scheme...I lost half of my Bitcoin to Ponzi scheme cos I was a novice to the cryto world.

I almost go mad when I realized that my dream of become a big boy is almost shattered. I was pain in which I couldn't think straight losing more than $9,000 worth of bitcoin. I lost focus, I couldn't continue my musical training cause my classical guitar, my enthusiasm is almost gone. I decided to dump everything about crypto currency giving it a break. I also deleted my Blockchain wallet from my phone.

Last year during the early stage of convid 19, I could remember that I had bitcoin somewhere so, I went in search of it. I reinstalled my Blockchain wallet but I couldn't logged in cos it's was asking me of my private keys. I've searched every corners, books, dairies but still couldn't find my private keys.
At least I should have not less than 1.1 bitcoin in my wallet which could worth more than $70,000. Converting this money to my country currency makes me a millionaire.

This is how my dream of becoming a millionaire was shattered by my ignorance...pls is their a narrow escape to my misfutune?

I also regret the things I've done last 2017. Early 2017, I started at this forum. At junior rank, I started to join bounty campaigns since earning at campaigns is very good during that time I admit I earned big amount at low rank and as my rank advance the better the earning. But I did not manage well the earning I get. I buy shit coin. I spend most of my earning to less important things. Time flies so fast I did not save BTC until its price keeps going down and seems that it can't recover from its loses.  Then time comes I needed to save my thesis, I have no other other choice but to used some of my bitcoins again. Even though it is hard for me to sell BTC because the price is still low, I eat my pride and sold almost all of it. I promised myself that the few amount of bitcoin in my wallet that remains in my wallet will be there until BTC price recover and yes it happened this year.

[Yamifoud]

It is sometimes we do actions that we never think it is right or wrong. It is an OP that technically doesn't know about crypto and probably he never knows what he is doing. Hmm, that gonna be torture to himself.

One piece of advice, consider me as a friend of yours.  But mate, you had to change your mindset and for this one, this will turn to yourself in possible depression if you will still stay in your situation.  I suggest you move on and just learn from this mistake and you still have your life to recover, you did it once, so you can do it again.

And I hope that he could do it in a nice way and he learns from his mistakes that once he regretted most.
Once, twice, thrice, if the results still the same, much better to totally shut his door off for this.  That eventually a curse to his life and find it no solution to that other than leaving away from the crypto world as this is not the right place for OP.

[Renampun]

...

your story is complicated...
but from your story, hopefully, everyone can learn to respect their private keys and passwords. For those who have been stuck in the high prices of 2018 then maybe Bitcoin has been a disappointment, but don't ever turn away from Bitcoin because surely the price will continue to rise.

[TheGreatPython]

Last year during the early stage of convid 19, I could remember that I had bitcoin somewhere so, I went in search of it. I reinstalled my Blockchain wallet but I couldn't logged in cos it's was asking me of my private keys. I've searched every corners, books, dairies but still couldn't find my private keys.
At least I should have not less than 1.1 bitcoin in my wallet which could worth more than $70,000. Converting this money to my country currency makes me a millionaire.

This is how my dream of becoming a millionaire was shattered by my ignorance...pls is their a narrow escape to my misfutune?

First of all you said that you’re making use of the blockchain wallet, so that means that you must have entered your email when you created that Blockchain wallet right? I make use of blockchain wallet too and I have my email on it, and you can just login at anytime by using your email or address and then your password, so it’s that easy.

My question is whether you still remember the email that was used to create your blockchain wallet and the password? If you remember it, then that’s the solution to your problem, just login with those details. If you can’t remember your address, check it with your email on their website, it’s going to reveal all the addresses that are linked to that email.

[Sinjokubhi]

Looks like this is your own fault.
1. You are still new but have dared to invest that eventually lead to losses.
2. If you install a blockchain wallet you should store the key in several alternatives.

Many people have regretted their mistakes but repeated them. I hope you can learn from this mistake. Never trust any investment if the manager is not you. Keep your wallet keys properly, make 1-3 storage alternatives. Currently there is no need to regret it, you can still try to find it (BTC) to set aside a small portion of your salary, because I believe BTC is the future of digital money that will be accepted by many countries of the world.

That's right, be a manager for your own business. Do not overly trust any investment party, especially those whose origins are not clear, and offer you large profits. Start with yourself, intend and believe in your heart that you can carry out your own investment. Indeed, at this stage of learning it is difficult, even many of the beginners choose not to continue because they imagine the losses they have experienced. Do not regret what has happened, what happened let it happen, you have to focus on your goals, if you really mean it will definitely get a good solution. Don't be afraid to fail again, I'm not telling you to fail again, but if you experience another failure, learn from that failure, don't fall for the second time on the same mistake. Start with the basics first. Everything is versatile in this internet age, you can learn it via google.

If you have an experienced friend it is much better to be a mentor and teach you how to trade properly. Usually, the mistake is to invest too much of the funds you have, start with small funds first. If you already understand how to get a profit, then you can use a fairly large amount of funds to generate more profit. However, do not use all your funds to invest, reserve it to anticipate if something happens that is not supposed to be desired. Because, loss can come at any time without us expecting it, even though we have done it right. Make yourself comfortable in investing, because it is your own money, so you must be able to manage it yourself. Trusting the broker is okay, but there needs to be a really convincing consideration of this.

[wxa7115]

Last year during the early stage of convid 19, I could remember that I had bitcoin somewhere so, I went in search of it. I reinstalled my Blockchain wallet but I couldn't logged in cos it's was asking me of my private keys. I've searched every corners, books, dairies but still couldn't find my private keys.
At least I should have not less than 1.1 bitcoin in my wallet which could worth more than $70,000. Converting this money to my country currency makes me a millionaire.

This is how my dream of becoming a millionaire was shattered by my ignorance...pls is their a narrow escape to my misfutune?

Since 1.1 bitcoin is so much money over your country and it will impact your life you really need to look for those private keys, try everything that you can find even those things that may not seem like your keys.

It is such a shame but a the end of the day it was your fault, you are the one that lost access to your coins, I know that many people do not like the responsibility to care about their coins but that is what makes bitcoin unique and makes it impossible to confiscate for governments, I hope you learned a lesson out of this and that you still try to get more bitcoin as it is not as late as there is still a lot of upside to the current movement.

[bitgolden]

Honestly this isn't really a sad story as others because this is your own doing and there is nobody else involved. If you have bitcoin, even if you have like 5-10k worth of it, and you delete it without storing a backup? That is going to cause you to lose a lot of money, there is no explanation why you lost, it is all because you deleted something with thousands of dollars in it without getting a backup, who would do that?

You are saying 70k+ is a huge amount in your nation (it is a good amount anywhere in the world, even expensive places like New York and London that is good for like at least one year without working) but you are telling us you had like 8-9 thousand dollars and you just deleted it. Maybe you will learn a life lesson from this, if something is important (even if unrelated to money) just make sure you store or save it properly.

[nelson4lov]

~Snipped

and no more regrets for what you should have done. this will make your head hurts looking back and see your shortcomings. what you need to do is look forward and plan things for your future. because what's in the past is already in the past and you can't do anything anymore with your past. but you can still change your future by what you are doing today.
now, that youve experienced carelessness in terms of handling your coins, you already know what to do next time around. even if we say, right now, it is not that worth much. but who knows, someday some of your coins will be valuable?

Yes. I don't have any more regrets about my mistakes during the last bull run because I took time to learn from the mistakes I made. Also, I'm a big fan of the quote that says that "There's no need to cry over spilled milk". Best thing to do is just to drop the regrets, look forward to what lies ahead and work towards it. That's been my plan for the last few years and so far so good, I'm on the right path already and with time things would fall into place soon.

Honestly this isn't really a sad story as others because this is your own doing and there is nobody else involved. If you have bitcoin, even if you have like 5-10k worth of it, and you delete it without storing a backup? That is going to cause you to lose a lot of money, there is no explanation why you lost, it is all because you deleted something with thousands of dollars in it without getting a backup, who would do that?

Snipped ~~

It might bot look so sad to you but it is to him. You can put yourself in his shoes and see things in his own perspective too. About not getting a backup in handy, OP isn't the first and definitely won't be the last.

[blockman]

...

your story is complicated...
but from your story, hopefully, everyone can learn to respect their private keys and passwords. For those who have been stuck in the high prices of 2018 then maybe Bitcoin has been a disappointment, but don't ever turn away from Bitcoin because surely the price will continue to rise.

Yeah, everyone who was disappointed about the 2018 bear market and cannot move on should forget about it and then get to the current price of bitcoin and accept it.
And managing our wallets, we should always remember that if we don't have the keys, we don't own our coins. It's the golden rule that everyone who has plans to keep it long to remember.

[Jaycee99]

Narrow escape for your misfortune? I would say you should stand up again.

You wanted to be rich you made a choice to have bitcoin and you lost?  

I will give you a reality check.

1. Work to get your guitar back. why? passion will always be number 1 (for me). Don't think of too much money your music or your passion might somehow work for you to be rich or have some small money.

Still, an ambition to get rich and see bitcoin is the only way? even if you failed I swear a reality check do what you love the most (Back it up with your knowledge from bitcoin ) and you could possibly can rich


2. When it comes to a big loss, which you now learned from it. and if you plan to do it got to do it again with a reality check that you learned from it and you will not do it again.
(You were a novice back then now you know or you have some knowledge today? right? used it to get back up)


3. Connected to number 1 Passion is an escape and it's permanent and money is not money just goes in the cycle to some.


4. We have youtube do a cover if you already have a guitar that might earn you some money.  

[wiss19]

from your story, hopefully, everyone can learn to respect their private keys and passwords. For those who have been stuck in the high prices of 2018 then maybe Bitcoin has been a disappointment, but don't ever turn away from Bitcoin because surely the price will continue to rise.

Taking care of basics of security and ensuring about the restoration options are more important in any field and when you are dealing in crypto currencies then you must take care of all the basics very first hand.

These days making sure of backing up wallet file/privatekeys/seeds are more important so that even you will be losing access to your wallet for some reason then you will get chances to recover your funds by privatekeys/seeds. When you're failing to do proper back up, then you need to forget all your saving because without them you could never access your saving.

[goldade]

Well, you're not the first that this will happen to and definitely, you'll not be the last. Not being the last might sound harsh but it's just the bitter truth. Many other will still fall into the same mistake.
Investing in bitcoin isn't risky as compared to trading but it is very easy to pose all if one is not careful. The most important thing to do to secure one's funds while holding bitcoin is keep the seed phrase in alternative places.
However, since it's the blockchain wallet, I think it might still be possible to get your wallet back if you remember the email you used in opening that wallet. Your wallet id is in every email they sent to you and with that you can easily use 'forget password'. Hopefully, you'd get your wallet back.

[DarkDays]

You have learned your lesson,,, which itself is an investment well worth. You will never again put money into a ponzi, bitcoin or otherwise,,, so count your blessings. You have only lost a few years.

You should always think positively. It could have turned out a lot worse. So, shake it off, add the experience/lesson to your memoir and next time you'll be much better prepared.

Also, to make you feel better, think how many others have been in your situation or even worse. These things can happen, all you can do it learn from it.

[Pokapoka124]

Now imagine if you held onto those coins. You would have good amount of profits. That sure would that have made you happy. I think back then you were young and naive and didn't see much of a reason to hold on to your keys. If you had held onto those coins till now you would be  rich enough to go into start any business of your choice.  Its painful to lose such money...it is indeed a bitter experience.
But hey life happens, don't beat yourself about it. Your time is now. Invest in your future

[Yatsan]

It seems like you have the main responsibility for what have happened to you from the past and the regrets are already sinking into you having to know that Bitcoin have massively increase in terms of price compared from the years wayback you have acquired those Bitcoins that you loss from a Ponzi scheme and the remaining that have not been retrieved since you are likely have lost your private keys to access your account. But still it will never be to late for your dream. The main difference is that you will start again from scratch and will have to strive harder to reach your goal.

[beerlover]

You should always think positively. It could have turned out a lot worse. So, shake it off, add the experience/lesson to your memoir and next time you'll be much better prepared.

Also, to make you feel better, think how many others have been in your situation or even worse. These things can happen, all you can do it learn from it.

I have been in that situation, and a lot more. I could be 3+ million dollar rich right now, instead I have few thousand dollars, I had 50 bitcoins or so in my account back in the day, but this was very old days, instead I sold it when it reached a thousand dollars or so, used it to basically live a good life for about 2 years, and then I had nothing to show for but stuff in my house whereas if I kept it I would had a lot more.

However what did I do? Did I gave up? No, I just took that as a lesson and now I am growing my bitcoin amount, and since last year I have been getting richer thanks to this, still not giving up, I will do this until I know I have enough money to retire, and if bitcoin goes even higher than that, I will just say I have enough and will not care about anything else. A lesson learned and I will not do anything else.

[maxreish]

Unfortunately, without that private key, you cant access you blockchain wallet. I know you have been frustrated with your unlucky experience but hastily deleting your crypto wallet wasnt a good idea.

Regrets was always there but if you only turn back time, you probably one of a millionaire now in your country. If you can check the back up storage of your phone, or your notepad app in your mobile phone maybe you just store it somewhere. Private key is very important and blockchain reminds you to save that private key before proceeding, right? Dont lose hope, who knows? That private key will eventually be seen very soon.

[crzy]

I don’t store my Bitcoin on the wallet that I didn’t control and every time I transfer, I’m making sure that my keys are still there and my information are still intact.

That’s a huge money mate and I understand how frustrated you are right now, and the only solution to this is to look for those keys, and hopefully there’s still chance that you can find it. This is a reminder to everyone to always protect our private keys and always put it on a safe place.