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Author Topic: My feelings after 11 years with crypto.  (Read 903 times)
wallet4bitcoin
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May 06, 2021, 08:20:37 PM
 #61

You are not alone.  I have heard similar stories from others. They sold their BTC too early. I also have a story of 7 years of cryptocurrency. I have used BTC as a payment method a lot of the time and I caught some BTC, which was earned from buying / selling digital products.  However, I spent BTC at that time. I could have made a lot of money if I had kept BTC.


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May 06, 2021, 08:40:11 PM
 #62

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.

Just move on.

Thing here is that you do able to survive when you are into those struggle times and to think that your wife get sicked on that time as if you wont really have any choice but to sell.
There are situations in life that cant really be avoided no matter how you strictly trying to achieve your goals but we know on whats the priority in life.We dont like to see our loved ones
to suffer even we do know that we do have money to spent for them to be treated.I would definitely do the same and yes this might be regretful but money cant really buy
anything on this world. Also, its not too late to deal up with crypto market as long you are eager and have plans then there would always be some chances.

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May 06, 2021, 08:51:07 PM
 #63

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.

I think there are numerous stories like yours. I never obviously had this much bitcoins but still had a lot of them which I sold at a pretty cheap price. Talking about the recent rally of doge coins. I had more than around 40000 doge coins. I gambled those doges on the casino I don't remember the name of the website but I remember Yahoo wore the signature of that casino game. I turned these 40k into 300k doge coins then I sold all this and got around $1.5k. I thought this is it I have made the biggest Heist in the history of bitcoin, little did I know that those 300k doge coins would now be worth more than 180k$ and still growing daily. I think everyone on this forum must have had this kind of depression. Obviously, your story is sad as you had to sell it because of a tragedy.

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harapan
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May 06, 2021, 09:48:18 PM
 #64

You are not alone.  I have heard similar stories from others. They sold their BTC too early. I also have a story of 7 years of cryptocurrency. I have used BTC as a payment method a lot of the time and I caught some BTC, which was earned from buying / selling digital products.  However, I spent BTC at that time. I could have made a lot of money if I had kept BTC.

This happens to the lot of us especially those who had enough crypto at some point but spent it between that 2017 high to 2018 peak prices. But there's one thing I like about crypto. It's that, there are always opportunities that would come even though it doesn't come now, it would come in the future and we have to be ready when that happens. My own is that, I had a few ICO tokens that were doing well and my expectations was that that bull market run would continue so I decided to let my bags run longer. It sunk, badly. I felt terrible for like 2 years but I'm ready to take on more opportunities as they come.
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May 06, 2021, 09:50:15 PM
 #65

i guess i have no right to complain panic selling my hardly earned 1btc years ago Lol
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May 06, 2021, 10:02:44 PM
 #66

If we look at the current price of Bitcoin, of course it will remind everyone who once owned Bitcoin which was large enough and then could not hold it until now, of course they will regret having thrown their Bitcoin at such a cheap price because it was caused by necessity.  Regret is an instinct that everyone has, when it has happened it will automatically arise because it reminds us of the past.
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May 06, 2021, 10:18:55 PM
 #67

I think there are numerous stories like yours. I never obviously had this much bitcoins but still had a lot of them which I sold at a pretty cheap price. Talking about the recent rally of doge coins. I had more than around 40000 doge coins. I gambled those doges on the casino I don't remember the name of the website but I remember Yahoo wore the signature of that casino game. I turned these 40k into 300k doge coins then I sold all this and got around $1.5k. I thought this is it I have made the biggest Heist in the history of bitcoin, little did I know that those 300k doge coins would now be worth more than 180k$ and still growing daily. I think everyone on this forum must have had this kind of depression. Obviously, your story is sad as you had to sell it because of a tragedy.
This is actually a common story on where lots of us who had missed out the opportunity on getting rich, neither we do sell out early or we had lost the coins that we've been keeping on.
Lots of opportunities that had been wasted like missed out on investing into a certain project that you do seem  that has potential but due to lack of funds then you had missed out the
chance and years later you have seen that it did really make some rise up and you would have thoughts in mind that you might have already been a rich guy now if you had just get in
on that particular time.


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May 06, 2021, 10:46:34 PM
 #68

I think you should not regret this incident. If you regret it, you cannot live your life. you have to be psychologically strong. I think you should evaluate your decision according to the conditions of that period. For example, if we think of the man who bought pizza with thousands of bitcoins, those bitcoins worked for that man and he had to pay with them. he should have done that that day. each semester brings different requirements. We all did things that we wish we had. but we can avoid this by being more cautious and not regretting it.

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May 06, 2021, 11:31:29 PM
 #69

Don't be discouraged brother. The circumstance of life made you lose your way. No matter how wealthy others are, you still have your chance with bitcoin. If you still believe in bitcoin your thinking could be as optimistic as these analyzes. Stay on board with bitcoin because you deserve it.

Quote
Can't wait to see the 2nd leg of this #bitcoin bull market🚀

https://twitter.com/100trillionUSD/status/1389891386275729410?s=19

more bitcoin supply squeeze: some miners mine to HODL (they do not sell BTC for power, more profitable back-tested eg https://t.co/GSD7c8RYWo) also with <$ 5000 / coin mined cost, even miners selling BTC for power , can keep> 90% of the coins. many will hodl 90% being permabulls.

https://twitter.com/adam3us/status/1390401308859973640?s=19

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May 06, 2021, 11:33:21 PM
 #70

no jokes, if you have been i the crypto space for 15 years then you should have gotten more than those of us who just got in a few years ago. Although, we are young in the space, we have seen a huge different in loads of comparism and we prefer it here than in the centralized world.

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May 07, 2021, 01:23:02 AM
 #71

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.

You ask a good question, because it really seems that someone who has been a miner for 5 years should mine a lot more than just 15 BTC, but the OP still says that he had losses on several occasions on scam crypto exchanges - although then it can be concluded that he lost almost everything given that mining was much more profitable at the time - the first 4 years the reward for each block was as much as 50 BTC. 

It is possible that he was also one of the victims of the greatest crypto tragedy Mt.Gox - but there may be a possible surprise for him, if of course he is among those who demanded compensation.

Yep he didnt even read my post and make offensive comment. As i said i mined more btc but invested a lot.

Don't get so mad about it. This is a forum, there are thousands to millions of us here and one can easily misunderstand something that is being said.

What is to be focused on these days is how you could get back up because times changed this 2021 and that massive things are going on in the finance world that even the big institutions are getting into DEFI. Big techs are now joining the crypto race.






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May 07, 2021, 01:47:26 AM
 #72

The only thing I have learnt from the bitcoin is patience. You gotta have like huge patience if you wanna invest into it. I have myself gotten emotional breakdown few times in the past and you always get that feeling of loosing all your money. The prices are volatile, on a good day it could be trading nice 10-25% and throughout the same time my whole portfolio could be reverse and in minus. I have not been in crypto for 11 years, may be I know word bitcoin from my high school days but I only started investing into it when I passed out of my masters.

Then I had this rage of not investing earlier in the time. Today, I have settled on one thing, you can't change the past but you can definitely still invest systematically into bitcoin and be king in your own world.  Cheesy

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May 07, 2021, 01:50:12 AM
 #73

I'm so sorry to hear that from you... it would be really hard to forget about the past but I think it's time to live in the present. Is there anyone who can help you get a job? Cry
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May 07, 2021, 01:56:32 AM
 #74

As you can see, there are a lot of emotional bumps that you have experienced throughout the cryptocurrency's journey.  I have just over 3 years, and I lost my patience when the market went down in 2018. I look for work to forget and rebuild my lost investments.  And like a rocket launch, the market went up too fast until I realized it.  And I noticed bitcoin and things returned but only made a few.  But then, I learned my lesson.  Patience and retention will be the prerequisites for success in this market.

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May 07, 2021, 02:09:21 AM
 #75

You're not the only one having such regrets for selling early and not thinking of the future. Well who would have thought that bitcoin can be the way for us to become rich if only we hold few bitcoins in times the price is really affordable. Anyway it happened already and there's no point on dwelling in the past since we cant change it.

Its better to move on and dont repeat the same mistakes again. Now you know the worth of bitcoin, its a digital gold, hence hold some and wait for the perfect time to take profit. There's no such as too late to invest if you're plan is to hold for long term.

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May 07, 2021, 02:16:08 AM
 #76

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.


'Patience is a virtue not everyone possess' 20 btc at this current price is a good money to enable you live a good life, but you don't need to duel on the past, think of way of reinvesting to take advantage of this bull run period,  you can't change what happened in the past but you can determine what the future will be by taking the right decision now. It is not too late.

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the rise
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May 07, 2021, 03:26:45 AM
 #77



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 have an amazing experience, never give up on it. There are still many opportunities for rich dicryptocurrency. I sometimes also regret that thinking about the past about bitcoin could make me rich enough to hold it for a few years, however, I'm selling it now.

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the rise
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May 07, 2021, 03:29:30 AM
 #78

no jokes, if you have been i the crypto space for 15 years then you should have gotten more than those of us who just got in a few years ago. Although, we are young in the space, we have seen a huge different in loads of comparism and we prefer it here than in the centralized world.

it seems that at that time he still did not fully believe in cryptocurrency and plus lost his job and his sick wife, creating depression that must now require selling all his assets. I'm sure he's not alone some people experience like you. I hope he gets some luck in the future.

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May 07, 2021, 03:38:55 AM
 #79

Hello Brandon.
Sorry for your losses on that.
Only way to cope for this with for now is to step out of crypto. Just like if you get sick in the internet, you would just turn off the computer and change your routine.
If you're still financially stable like you can pay your monthly liabilities, you shouldn't feel bad even though your crypto friends are like buying their Lambo.
It kinda sucks, but if you kept thinking about it, it would just drag you down.

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May 07, 2021, 06:27:52 AM
 #80

For me, after engaging in cryptocurrency for almost 5 years, I can say that bitcoin really changed my mindset towards life and investment.

This taught me many lesson on how to make a living and how to sustain our needs and think about the future.

By thinking about the future, you can save a lot of money and make bitcoin as a store of value not only gold.

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