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Author Topic: How Bitcoin almost made me rich  (Read 795 times)
Dilerium90
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May 08, 2021, 03:21:10 AM
 #81

I think, that bitcoin only becomes more valuable from the fact, that someone forgets or loses the private keys from their wallets. The number of coins will only decrease every year, except of mining.

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May 08, 2021, 03:59:17 AM
 #82

The email thing should give you a decent lead around there. In any case, I trust others take in some things from your pitiful story not to erase wallet application without duplicating out imperative information, regardless of how furious one is. About blockchain, perhaps if OP can recollect his secret word or I mean when we make blockchain wallet from the start we not get private key right, just ID which is in email and secret phrase that we save without anyone else.


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enawati
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June 21, 2021, 11:17:22 AM
 #83

I have also account of Blockchain.info, and  afew month ago I did try to login by used email account. If any account created by using email, should be any way to recover the private key.  But for personal wallet that created without email, the way to login only by private key.  Lost private key for these personal wallet is mean loss the crypto forever, no body can recover it. That why when I created personal wallet, I never forget to write down the private key in several different paper and keep it in several different place too.

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June 21, 2021, 03:33:14 PM
 #84

Me too, almost made me a fortune if I had hold on to it. Like in December 2020, Bitcoin was around $12,000 to $16,000 and I've decided to convert them to USDT. Until the big pump happened to $20k, then $30k and up to $60k. However, it would be smart for me to buy it early and sell as the price peaked to $60k. Now BTC is over $30k, and I believe that this will be the new bottom (or maybe not due to the death cross). Risk management is still important, as we should learn about diversifying our investments.

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June 22, 2021, 07:32:53 PM
 #85

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 have worst experience, i have 30 bitcoin in my wallet in 2014. Start trading with 5 bitcoin. But in 2016 i sold half of my btc and another half is scamed by cryptsi ( this is why i never left my btc on centralised exchange ever again ). Second chance was 2020 of march when btc down to $3k. I am too busy for my real world job so i bought in btc again when it $20k. 😅😅.

Now i will just hodl it. Go zero or rich i dont care...



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Hamphser
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June 22, 2021, 07:42:27 PM
 #86

Me too, almost made me a fortune if I had hold on to it. Like in December 2020, Bitcoin was around $12,000 to $16,000 and I've decided to convert them to USDT. Until the big pump happened to $20k, then $30k and up to $60k. However, it would be smart for me to buy it early and sell as the price peaked to $60k. Now BTC is over $30k, and I believe that this will be the new bottom (or maybe not due to the death cross). Risk management is still important, as we should learn about diversifying our investments.
Lots had really missed out that opportunity to buy cheap since no one really had anticipated that bitcoin would really be having some nasty run to reach out 60k and for sure even myself had missed out that chance to make myself rich or a bit wealthy since i could buy several coins when it was still cheap.

Well, theres no need to regret because we cant really turn back the time and those missed opportunities are just part of our memory that bitcoin did really
reach out those levels.

Although, it doesnt mean that we had missed out we wont be seeing another opportunity.This is why we should really be wise on getting in specially for possible bottom of it on this current trend.

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June 23, 2021, 06:11:11 AM
 #87

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 have worst experience, i have 30 bitcoin in my wallet in 2014. Start trading with 5 bitcoin. But in 2016 i sold half of my btc and another half is scamed by cryptsi ( this is why i never left my btc on centralised exchange ever again ). Second chance was 2020 of march when btc down to $3k. I am too busy for my real world job so i bought in btc again when it $20k. 😅😅.

Now i will just hodl it. Go zero or rich i dont care...
actually for now you still have a profit even though the price of bitcoin fell sharply. but I applaud your stance which is adamant to keep holding bitcoins until your goal of becoming rich is achieved. exemplary is that you buy assets with cold money, so it will help psychology to stay focused on the goal

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June 23, 2021, 07:51:22 AM
 #88

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 have worst experience, i have 30 bitcoin in my wallet in 2014. Start trading with 5 bitcoin. But in 2016 i sold half of my btc and another half is scamed by cryptsi ( this is why i never left my btc on centralised exchange ever again ). Second chance was 2020 of march when btc down to $3k. I am too busy for my real world job so i bought in btc again when it $20k. 😅😅.

Now i will just hodl it. Go zero or rich i dont care...
actually for now you still have a profit even though the price of bitcoin fell sharply. but I applaud your stance which is adamant to keep holding bitcoins until your goal of becoming rich is achieved. exemplary is that you buy assets with cold money, so it will help psychology to stay focused on the goal
Seeing the current market that is trending down for me, I think holding on to it is the right decision,
indeed everyone has their own reference to the decisions made,
for me bitcoin is a long term asset so better to hold on to it

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June 23, 2021, 12:54:43 PM
 #89

All of us have to wonder what we gonna do to our Bitcoin before when the value is just only $1,000, $5,000. Often we are saying why I never hold them until today we might be rich now. It comes too late to realize the wrongdoings, it all has been done and I think we need to move on. Because whether we like it or not, it never happens again and we can take back those Bitcoin that we wasted so easily.

People can't really hold their Bitcoin IRL, that is the truth. We use them as it was the purpose of its creation, not just to hold and let them stay on our wallets until they become worthless.

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June 23, 2021, 12:57:52 PM
 #90

Blockchain.info could help you recover your fund, provided you still have access to the email used in registration! I have gone through this experience myself and I have come out regaining access to my bitcoin! Try and use all tools for recovery of your wallet and contact the customer support as well! I am sure you will find a solution if you truly own the wallet!

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June 23, 2021, 01:03:58 PM
 #91

Often we are saying why I never hold them until today we might be rich now.
-snip-
Of course, that's very easy to say now in retrospect. But apply that to the current situation ... would you sell now?

Imagine the price crashes now down to 10k, you would be angry not to have sold. In retrospect it is of course a very easy decision, but from the current situation, BTC could now also turn upwards again and we are for example in September again at 60k. Then you would of course be very angry to have sold at 30k.

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Golftech
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June 23, 2021, 02:55:26 PM
 #92

Me too, almost made me a fortune if I had hold on to it. Like in December 2020, Bitcoin was around $12,000 to $16,000 and I've decided to convert them to USDT. Until the big pump happened to $20k, then $30k and up to $60k. However, it would be smart for me to buy it early and sell as the price peaked to $60k. Now BTC is over $30k, and I believe that this will be the new bottom (or maybe not due to the death cross). Risk management is still important, as we should learn about diversifying our investments.

Timing is very important, if you have good knowledge and your assessment leads you to anticipate what the

market may bring you, the chance that you can sell it within the peak is very possible, though for now it's

all regret for missing that opportunities, you need to try working again and see if the same movement

will return back and give you the same chance.
South Park
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June 23, 2021, 05:57:35 PM
 #93

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?
This should be a lesson to all of us, even if for some reason you are disappointed by what is happening in the world of cryptocurrencies it is important to not take decisions when you are mad or sad, the OP deleted the wallet from his phone and did not had a backup and now he is paying the consequences of it, we must remember to always have backups of our seed words and if possible our private keys so something like this does not happen to us.

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Shenzou
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June 23, 2021, 07:34:10 PM
 #94

I mean you are not the first and you are not the last one to suffer from this problem, i mean the guy who also lost his private key to his wallet that holds a fortune and we are talking millions of dollars, was featured all over international news a couple of months ago, people should take better care of any sensitive information that involves money, and especially bitcoin since the only thing that identifies you and allows you to be the owner of your wallet is your private key and you can never retrieve it if you lose it.
abel1337
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June 23, 2021, 09:06:08 PM
 #95

Blockchain.info could help you recover your fund, provided you still have access to the email used in registration! I have gone through this experience myself and I have come out regaining access to my bitcoin! Try and use all tools for recovery of your wallet and contact the customer support as well! I am sure you will find a solution if you truly own the wallet!
As far as I know, Blockchain info is a non-custodial wallet and they give you a recovery phrase in the process of creating a wallet. I am doubtful that blockchain info would give access to him but It wouldn't hurt if OP would try contacting customer support.

I hope OP did learn his lesson to keep his wallet like his own treasure. There are many cases like this, Mostly are newbies.
Btcvilla
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June 23, 2021, 11:27:44 PM
 #96

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?






This is what often happens to beginners. Never evaluate and analyze before. My advice if you want to invest use cold money or money that is not for personal use, or even to sell personal needs. Or worse, owe someone. This is often wrong .. because we never know what bitcoin will be like. And make sure if you have a wallet, store the keys in various alternatives. so you don't regret it later.
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June 23, 2021, 11:44:35 PM
 #97

This is how my dream of becoming a millionaire was shattered by my ignorance...pls is their a narrow escape to my misfutune?
I have this kind of experience and I have learned from it that never imagine being rich because of crypto before we really cashing it out and be in our bank account. Because it may be the only digit and it is changeable due to the price at the time, probably hacked, and other digital problems.
That is why we must be only thinking about what we are having now and at the time we are buying and selling to get profits. And that is what we have.
be patient.

And with this, there are also some lessons to be more careful, moreover, we may do wrong things in certain platform so that we lose our money there. This is sad, but this is something common happening in the crypto world.

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