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Author Topic: My feelings after 11 years with crypto.  (Read 907 times)
Brandon
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May 06, 2021, 03:24:42 AM
Last edit: May 06, 2021, 03:36:14 AM by Brandon
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 #1

Hello everyone, today i want to tell you about my crypto-depression.
So in 2010 i was working in IT company and my friend from work told me about bitcoin mining.
Next day after this information i register on this forum and start mining coins, everything going perfect but bitcoin price was really low and unstable.
I was investing everything in gpu. Couple times i lost my fund's on scam-exchange but i still had a lot of "mining power".
In 2015 i quited my job and invest my whole savings in bitcoin, in that time i had more than 15 bitcoin's and gpu worth 20k$.
And after 2 or 3 week's everything fucked up, in same time i lost my job and my wife get sicked.
In Nov 2015 i selled everything but still i had -$$$$ to pay, so you probably asking why i made this post?

Now after 6 years i have biggest depression ever, if i only burrow money from somewhere 5 years ago and didnt sell my miners...

I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.
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Lorence.xD
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May 06, 2021, 03:37:37 AM
 #2

Nah, dude you aren't the biggest crypto loser there is if there is really one because there's Laszlo to compare to you, he got the pizza but the prize was too big to pay with 10k, although there is no regret to him because he knows that he didn't expect that the prices will go this high. I hope that you will find some way to restore hope in you.
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May 06, 2021, 03:42:23 AM
 #3

I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.
You are not alone here, there are numerous stories around also regretting their chance of being a millionaire, but you can't go back and turn back the time, we should all move forward in our lives and you don't need to be depressed or something.

Quest for lost hard drive with £4m stored bitcoins

You can definitely get it and slowly stack sats, I know it's going to be hard, but everyone is doing that as well, specially average joes, like the majority of us.

.
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May 06, 2021, 03:48:43 AM
 #4

Hello everyone, today i want to tell you about my crypto-depression.
So in 2010 i was working in IT company and my friend from work told me about bitcoin mining.
Next day after this information i register on this forum and start mining coins, everything going perfect but bitcoin price was really low and unstable.
I was investing everything in gpu. Couple times i lost my fund's on scam-exchange but i still had a lot of "mining power".
In 2015 i quited my job and invest my whole savings in bitcoin, in that time i had more than 15 bitcoin's and gpu worth 20k$.
And after 2 or 3 week's everything fucked up, in same time i lost my job and my wife get sicked.
In Nov 2015 i selled everything but still i had -$$$$ to pay, so you probably asking why i made this post?

Now after 6 years i have biggest depression ever, if i only burrow money from somewhere 5 years ago and didnt sell my miners...

I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.

Nice story Mate and best that you shared here but of course 11 years passed and this is only regrettable Part of your life and also those who had same experience as yours but w must remember that Life still needs to flow and your mistake in past can be the best tomorrow .
just try it again , crypto is a growing market and 10 years from now? you will only laugh on what you posted today..

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May 06, 2021, 03:50:12 AM
 #5

You cannot live in the past. And you cannot just live each day envious of others. If I were you, I'd look for a job, trim down on expenses, and start stacking Sats. Bitcoin is only 12 years old and it has a vast room for growth in terms of adoption and price appreciation. You came early years ago but you are not yet late getting back in today. Bitcoin is still undervalued at $57,000.

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May 06, 2021, 04:04:11 AM
 #6

You got your wife's life. You have used the money you have to save your wife from the disease so it's fine. If you lost your BTC for nothing or gambling, that would be something else so it's fine. By the way, there are more coins today that you still can invest in. Don't wait for them to go high,

Nah, dude you aren't the biggest crypto loser there is if there is really one because there's Laszlo to compare to you, he got the pizza but the prize was too big to pay with 10k, although there is no regret to him because he knows that he didn't expect that the prices will go this high. I hope that you will find some way to restore hope in you.

Laszlo still has a lot of BTC, I don't think he is the biggest loser. His transaction actually made it a very historical act in BTC that every year there is BTC pizza day to celebrate it.  There are users who had lost it all like the ones who lost his hard drive to which thousands of BTC were there inside because that drive was used to store the mined BTC.





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May 06, 2021, 04:27:44 AM
 #7

Sorry about your Losses Mate , Hope you will still able to stand and continue trusting crypto even though you had tons of bad experiences .

Wishing you to make a best decision either Mining or trading , but what matters most is don't lose hope and continue the struggle.

We all experienced that but we need to stay focus.

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May 06, 2021, 04:32:09 AM
 #8

~

Laszlo still has a lot of BTC, I don't think he is the biggest loser. His transaction actually made it a very historical act in BTC that every year there is BTC pizza day to celebrate it.  There are users who had lost it all like the ones who lost his hard drive to which thousands of BTC were there inside because that drive was used to store the mined BTC.
I am not trying to say that Laszlo was the biggest crypto loser but in the context of the thread,I am saying that Laszlo lost more bitcoin than OP. Those people with the lost drives weren't the biggest loser since they contributed to the growth of the market with their lost coins.
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May 06, 2021, 04:42:53 AM
Merited by Lucius (1)
 #9

In 2015 you only had 15 BTC after mining for the last five years? So you only had less than $7000 worth of BTC and $20k GPU?

Sorry my friend OP but you are not a person who started in 2010.

I am not trying to say that Laszlo was the biggest crypto loser but in the context of the thread,I am saying that Laszlo lost more bitcoin than OP. Those people with the lost drives weren't the biggest loser since they contributed to the growth of the market with their lost coins.

But he is not a loser in either context. He did not lose more BTC. If he never did what he did,,, maybe BTC is worth nothing now.

How can people who actually lost BTC do more contributions hat people who actually USE BTC?

.
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May 06, 2021, 04:59:52 AM
 #10

...everything going perfect but bitcoin price was really low and unstable.
If what the OP posted here is a true life story to them, it's really a pathetic one. It's a sad feeling knowing one has lost out on a great opportunity as a pioneer in a field of business/work. That's the case with the OP. However, people really don't learn. The way the OP saw the abysmally low price of Bitcoin in 2010 and a few years after but failed to keep Bitcoin he made is the same way a lot of us now see some abysmally low price alts and neglect them. If anything, the Dogecoin journey should be teaching us all a great lesson. But we don't truly want to learn, in the practical sense of it. We should form a habit of keeping certain alts, and not just Bitcoin alone. This is a bull year and the alts will expectedly flourish.

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May 06, 2021, 05:08:54 AM
 #11

In 2015 you only had 15 BTC after mining for the last five years? So you only had less than $7000 worth of BTC and $20k GPU?

Sorry my friend OP but you are not a person who started in 2010.

The OP's story sounds a bit strange to me too, and I have a habit of not believing everything I believe in the forums, but it could be, since he said he lost Bitcoins in scam-exchanges, and, in addition, I suppose he must have also sold Bitcoins to pay expenses while he was mining.

We will have to see in later posts if we can believe it is the same person or is it an account that was sold.

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May 06, 2021, 05:20:31 AM
 #12




In 2015 you only had 15 BTC after mining for the last five years? So you only had less than $7000 worth of BTC and $20k GPU?

Sorry my friend OP but you are not a person who started in 2010.

The OP's story sounds a bit strange to me too, and I have a habit of not believing everything I believe in the forums, but it could be, since he said he lost Bitcoins in scam-exchanges, and, in addition, I suppose he must have also sold Bitcoins to pay expenses while he was mining.

We will have to see in later posts if we can believe it is the same person or is it an account that was sold.

Its his story though, we couldn't find out whether it's true or not but his account so far is pretty old. He has too few posts here in the forum.
He is registered 2010. He seems fond of gambling because he replied to gambling threads so there is a chance of him that like the rest of us, he could have gambled too. And he is also knowledgeable in Unix system which is quite the characteristics of first miners of BTC.

Anyway, BTC spent for the good of wife isn't a lost BTC.








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May 06, 2021, 05:23:01 AM
 #13

If you have made loans or if you took credit from your credit card to buy bitcoins, you might have been worst off... than where you are now. You have to remember that loans and credit has to be paid off and you would have had to do that for several years.

Some people did that in 2017, with the ATH of $18 000 and the price plummeted to $3000 and only recovered 3 years after that. So for that period ... they were stuck in debt... thinking they would make huge profits.  Roll Eyes

Do not live in a world of "IF" and "BUT" ..... decisions was made and risk was taken and it did not work out for you. Sell those GPU's to gamers, because GPU's are expensive now and very scarce. (Take some of the money and invest it in some Alt coin with potential and take a break from Crypto currencies... until they go to the Moon)  Wink

.
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May 06, 2021, 05:29:44 AM
 #14

No point in regretting, crypto market still offer the same opportunity anyway if you maybe keeping an eye to the market, even bitcoin still could go up to $100k there's no stopping people from making profit again and again through bitcoin though it's still kinda uncertain in many people's opinion.
Regardless whether your story is true or not we're still kinda at early phase of blockchain adoption if you're an IT person maybe you could make money from this once in a lifetime chance whether by working and being an blockchain developer, etc maybe wouldn't have as much ROI to those early investors but still worth to try.   


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May 06, 2021, 05:45:58 AM
 #15

Hello everyone, today i want to tell you about my crypto-depression.
So in 2010 i was working in IT company and my friend from work told me about bitcoin mining.
Next day after this information i register on this forum and start mining coins, everything going perfect but bitcoin price was really low and unstable.
I was investing everything in gpu. Couple times i lost my fund's on scam-exchange but i still had a lot of "mining power".
In 2015 i quited my job and invest my whole savings in bitcoin, in that time i had more than 15 bitcoin's and gpu worth 20k$.
And after 2 or 3 week's everything fucked up, in same time i lost my job and my wife get sicked.
In Nov 2015 i selled everything but still i had -$$$$ to pay, so you probably asking why i made this post?

Now after 6 years i have biggest depression ever, if i only burrow money from somewhere 5 years ago and didnt sell my miners...

I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.

There are still a lot of opportunities for crypto, and bitcoin isn't the only one that can make you rich this time. There are a lot of potential coins out there that will soon overtake Bitcoin's price. Those mistakes can serve as a lesson on how to use crypto to improve your life. Also, you're not the only one who made poor decisions, and I hope you now fully comprehend the gravity of your situation. Make yourself happy; money or crypto is not true happiness; be grateful that your wife is still with you; you still have plenty of chances and opportunities to start over and grind. Invest in some low-cost coins right now and wait years for them to transform into millions of money. You aren't the biggest crypto loser, you still have chances to make yourself rich, just start to exert effort now.

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May 06, 2021, 05:49:51 AM
 #16

It's easier said than done, but there's really no point crying over spilled milk. Put in a really bad situation? Being sad about it isn't going to get you away from it and move forward in life. Instead, you just suck it all up and continue growing(in every aspect).

In the first place, if you think you missed getting "really rich", then guess what: you're going to have the same regrets in a few years if you don't get your ass back up right now and start stacking sats.

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May 06, 2021, 06:23:41 AM
 #17

`snip

Life is not working like that. You can regret if you already know how exact what will happen to bitcoin but doing that thing like you mention. Because you are made a mistake and know it. But if you actually don't know what will happen in future, just take it and don't need to regret. There are a lot of people who hold so many bitcoins and maybe they already sold it in cheap price in past. Because they too, don't expect bitcoin will be like this price. Like me who already happy when see bitcoin although only $600-$700 because i started when bitcoin dumped in 2015 like $170 or somewhat.

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May 06, 2021, 06:26:35 AM
 #18

I wish someone told me about BTC in 2010. I only found out about it myself in 2013. I've also made mistakes along the road, I remember Reddcoin (possibly) increasing like 10x times what a lost opportunity to have more BTCs, then Dogecoin reaching today's values while I sold most Dogecoin in 2017, this is life, we have to move on, we're not perfect!

1 BTC = 1 BTC
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May 06, 2021, 06:37:12 AM
 #19

I'm really sorry about your misfortune with cryptocurrency mining.
I guess that your biggest mistake was quitting your job.Having a cryptocurrency business should be a side hustle,until it gets big enough to generate a sufficient income.Not having a job and investing everything in one business is a huge risk.That's why most small businesses fail in their first 3 years of existence.
The crypto world was really unstable and filled with crypto exchange scams back in 2010-2018.
I hope that you are going well and you will get out of this depression.





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May 06, 2021, 06:38:35 AM
 #20

Hello everyone, today i want to tell you about my crypto-depression.
So in 2010 i was working in IT company and my friend from work told me about bitcoin mining.
Next day after this information i register on this forum and start mining coins, everything going perfect but bitcoin price was really low and unstable.
I was investing everything in gpu. Couple times i lost my fund's on scam-exchange but i still had a lot of "mining power".
In 2015 i quited my job and invest my whole savings in bitcoin, in that time i had more than 15 bitcoin's and gpu worth 20k$.
And after 2 or 3 week's everything fucked up, in same time i lost my job and my wife get sicked.
In Nov 2015 i selled everything but still i had -$$$$ to pay, so you probably asking why i made this post?

Now after 6 years i have biggest depression ever, if i only burrow money from somewhere 5 years ago and didnt sell my miners...

I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.

You are not the only person facing this situation now. You won't believe i sold dozons of eth in the rate of 90-120$ and now where it is now. I earned more than 45 eth when eth was playing around 100-180/200$. I sold all of them because the market was unstable.  Also there have so many people like us here who could not hold their fortune when it was by their side.
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