My feelings after 11 years with crypto.

[Sebas.tian]

Yes you are right it hurts but remember that price fluctuates on larger degree, the time at which you invest in bitcoin so there was not such a high rate and now a days the rate is so up that not every person can make investment in bitcoin. You should get a lesson from you precursory experience and it will be better for you to be winning in coming years. Other thing is that never invest your complete reserve in crypto as there is no surety that it will allot you excess.

It is not advisable to invest all your money in crypto investment, because the market price can decide to remain low more than 3 or 4 years to make some investors that invested half of their money in crypto to exercise patience for the bull market to come before they can sell to make a good profits. And those that invested all their money on crypto don't have options to hold at the moment for 3 or 4 years than to sell to solve the family problem or business problem at the moment. Try to buy when the price is low in the market and hold for the price to increase higher in the market before you can sell in the market which is the best strategy many crypto investors are using to achieve success from their crypto investment. I think, it will be difficult for people to experience failure from their crypto investment compared to 2010 and 2011, because many people have learned from other people mistakes in the community never to experience any losses from the market again.

[1714580103]

1714580103

[Piesel]

Ops your experience is not different from the experience of many of us here, I had a similar experience in 2014 when I lost almost everything to a fire incident and that took a toll on my investment and I almost run into depression, but then I was lucky I had some really good friend and group mates who always encourage me to continue after the incident.

But time has passed and I have fully recovered from that experience I encourage you to get over it and move on to the pursuit of success and better life, better days are ahead for the crypto community.

[JayJuanGee]

Yes you are right it hurts but remember that price fluctuates on larger degree, the time at which you invest in bitcoin so there was not such a high rate and now a days the rate is so up that not every person can make investment in bitcoin. You should get a lesson from you precursory experience and it will be better for you to be winning in coming years. Other thing is that never invest your complete reserve in crypto as there is no surety that it will allot you excess.

It is not advisable to invest all your money in crypto investment, because the market price can decide to remain low more than 3 or 4 years to make some investors that invested half of their money in crypto to exercise patience for the bull market to come before they can sell to make a good profits. And those that invested all their money on crypto don't have options to hold at the moment for 3 or 4 years than to sell to solve the family problem or business problem at the moment. Try to buy when the price is low in the market and hold for the price to increase higher in the market before you can sell in the market which is the best strategy many crypto investors are using to achieve success from their crypto investment. I think, it will be difficult for people to experience failure from their crypto investment compared to 2010 and 2011, because many people have learned from other people mistakes in the community never to experience any losses from the market again.

If you are talking about bitcoin, then why don't you use the word?  You did not use the word at one point in your post.  Are you talking about bitcoin or something else?

I have hardly any clue when I see the word crypto..

Don't be buying shitcoins, and if you believe that there is a strong investment thesis then why aren't we just talking about bitcoin? 

Oh, you want to leave room for ethereum, without mentioning it?  Fuck ethereum, you don't even know what it is going to be in 2 weeks.. which has always been the case with that.. so if we are talking about keeping money in something for potentially longer than 3-4 years because we need to have to be able to ride out such possible volatility, then we are likely ONLY talking about bitcoin.. So why not use the word bitcoin in order to clarify - unless you really believe that there is some crap coins that are somewhat comparable to bitcoin.. but still pretty vague to be referring to the whole thing as crypto merely because you see other likely confused folks to be presenting with such ambiguities.. perhaps purposefully some of them.

Ops your experience is not different from the experience of many of us here, I had a similar experience in 2014 when I lost almost everything to a fire incident and that took a toll on my investment and I almost run into depression, but then I was lucky I had some really good friend and group mates who always encourage me to continue after the incident.

But time has passed and I have fully recovered from that experience I encourage you to get over it and move on to the pursuit of success and better life, better days are ahead for the crypto community.

You too.. fuck crypto and the crypto community... that's an amorphous term. What is the "crypto community?"

Yeah.. "I am into crypto"  It's kind of like gambling, you know.   

[Brandon]

Hello, didnt expect that this topic is still alive !!
So in my life nothing change, if anyone wanna donate me here is addy:
BTC -3B1rkbpz2caGjJBiH596BzJrwZh95HXNoA
Doge - DG5XqeiotNzL3Bjb7eUey7e8KXFgZ3GXCV
ETH - 0x905d6a67f28901738c9966d0b1df35ce8a3d8c7f
LTC - M9D4BVH7fzU5hS5k5kT5oGoG3UjFbXTE21
Some guys made so made posts in this topic, this gonna be long night

[JayJuanGee]

Hello, didnt expect that this topic is still alive !!
So in my life nothing change, if anyone wanna donate me here is addy:
BTC -3B1rkbpz2caGjJBiH596BzJrwZh95HXNoA
Doge - DG5XqeiotNzL3Bjb7eUey7e8KXFgZ3GXCV
ETH - 0x905d6a67f28901738c9966d0b1df35ce8a3d8c7f
LTC - M9D4BVH7fzU5hS5k5kT5oGoG3UjFbXTE21
Some guys made so made posts in this topic, this gonna be long night

Personally, I am a big advocate for self-help, and I am not opposed to assisting folks who have come into hard times.  You do not seem to even come close to anything like that, and for sure, through the interwebs, it is not very easy to verify sob stories, so in that regard, there are quite a few members (including yours truly) who are quite skeptical of seemingly opportunistic beggars - like you seem to be presenting yourself as such.

You might ask.  "What might self-help looked like for someone like me?"  Actually, even if you don't ask or want to ask, there are good examples for self-help in bitcoinlandia, and for example, if you had been putting $10 per week since the time of your late 2015 fuck up (or let's just say it took you nearly a year to figure out that you had fucked up in late 2015), so you could have started buying back into bitcoin at $10 per week 6 years ago, then by now you would have invested $3,130 and you would have accumulated right around 0.7 BTC.  

Not exactly world-changing amounts of money, but you would have more options by having 0.7 BTC right now rather than not having diddly squat and resorting to pitiful begging practices.

Of course, if you had been more aggressive in your reinvestment approach back into BTC, and you had invested $100 per week rather than $10 per week, then you would have had invested 10x more with $31,130 invested, and you would have accumulated nearly 7 BTC.

Ever since March 2020, I have suggested that people in the west try to be more aggressive with their investment into bitcoin with something like $100 per week rather than $10 per week, but each of us needs to figure out our own situation in such ways that each of us is careful to invest within reasonable and prudent boundaries of our means - without getting too aggressive and without relying upon pitiful begging that is really showing that you likely do not have much if any scruples in regards to figuring out ways to build for yourself rather than expecting handouts - in the event that we can eve believe the truth of your original story that you told, either..  

From my perspective, you have been failing and refusing to describe various BTC building efforts that you have been attempting, and instead, you just show yourself as a weak hand who sold too many BTC too soon (that is if we can believe your story in the first place), and have not presented yourself as a very sympathetic character and making it worse with your begging bullshit - as if anyone should give any shits about your situation merely because your original post had resulted in an interesting topic with a lot of posts from various other contributing members contained within this thread..

[Dr.Osh]

pretty much the same people story as you buddy. many people regret not sticking with what they believed at the time. in fact, when you see a documentary about bitcoin, they all stop believing in bitcoin. Scattered FUDs are so hard to resist. In addition, many also stop believing because of urgent economic needs. Well, each of us has a story of regret in the crypto world, and I have one too. anyway, I'm trying to fix that at the moment. although I'm re-accumulating assets bit by bit, I think it's good enough to hold on to longer term again.

[bitzizzix]

Everything will be an experience and also a very valuable lesson, and I also experience it but I am quick to think smart.
and I need to be able to differentiate between saving and investing from my paycheck, and I do both.
save only for immediate needs and invest for the long term or the future, which I think will be more effective and there will be no regrets in my investment even if the price drops. Because my goal for the long term is definitely the price will rise again even more than the highest price, and I believe that.
and i divide my salary every month regularly 15% for bitcoin, and 10% for savings, but when bitcoin price drop sharply to very low price i increase to buy bitcoin.

[LFC_Bitcoin]

There are lots of people in similar situations to the OP. I think for those who were in bitcoin really early & lost it all, it’s worse for them than noobs who come now & can’t even buy 1 full bitcoin.

The thing is, life is too short. You can’t spend your life full of regret. Embrace life, make the best of it & start buying bitcoin again. You probably won’t be in as good a position as you would have been if you HODLED but you’ll still be in a better position than most of the world.

Dust yourself down & go again.

[pawanjain]

There are lots of people in similar situations to the OP. I think for those who were in bitcoin really early & lost it all, it’s worse for them than noobs who come now & can’t even buy 1 full bitcoin.

The thing is, life is too short. You can’t spend your life full of regret. Embrace life, make the best of it & start buying bitcoin again. You probably won’t be in as good a position as you would have been if you HODLED but you’ll still be in a better position than most of the world.

Dust yourself down & go again.

The whole point of early bitcoiners selling all their bitcoins at cheap prices is due to the fact that bitcoin price had spiked up so much.
If the same would have happened in the opposite direction and bitcoin would not have gained so much in price then these people wouldn't have worried so much.
May be they are unfortunate that bitcoin gained so much traction but they are still at a good place because bitcoin is still cheap.
Even if they get in now chances are that they will gain huge profits in future and yet there are many who selling at such cheap prices.
The same people will worry when bitcoin price will touch the new ATH. So the cycle repeats.

[xzy887]

Life will always give you many more opportunities and you can still earn a lot through Bitcoin. See so many newbies are working enthusiastically, even when they are new and have little understanding of Bitcoin. They still have belief that Bitcoin can get them good financial benefits, if if not make them filthy rich.

Gaining knowledge is more important than earning in Bitcoin. Now many people say that Bitcoin will not return to its previous state or that it is not possible to earn from Bitcoin due to the bad market. But those who are new, who don't know the past of Bitcoin are still working and earning with interest. But after some time, their interest will also decrease. And they regret that if they had known about Bitcoin 11 years earlier, they would have known better.Likewise 11 years later newbies will regret that they could have learned better about Bitcoin 11 years ago. It will continue like this. And this is because people are more interested in gaining knowledge than earning in Bitcoin.

[ajiz138]

Everything will be an experience and also a very valuable lesson, and I also experience it but I am quick to think smart.
and I need to be able to differentiate between saving and investing from my paycheck, and I do both.
save only for immediate needs and invest for the long term or the future, which I think will be more effective and there will be no regrets in my investment even if the price drops. Because my goal for the long term is definitely the price will rise again even more than the highest price, and I believe that.
and i divide my salary every month regularly 15% for bitcoin, and 10% for savings, but when bitcoin price drop sharply to very low price i increase to buy bitcoin.

From that experience we can learn to think intelligently how to have experienced darkness but over time we can think smartly to be able to manage well in terms of our monthly salary finances.
I think you have differentiated well for long-term plans of course those are all plans that we want to invest in bitcoin but have a savings fund and there is also an emergency fund that has all been taken into account for future situations.

I also do the same thing where every monthly salary there must be a certain allocation divided into several percent, DCA, savings, rent, emergency funds and the rest are daily necessities, I have committed to my family that this plan must be done as early as possible, don't until later when we urgently have an emergency fund that can be used and investment funds for the future of my family and children, because I also want a brighter future because of this plan.

During the long journey of my investment in bitcoin only 0.5BTC is currently in hand, this will be maintained forever and continue to earn from DCA as a long term addition.

[snipie]

The whole point of early bitcoiners selling all their bitcoins at cheap prices is due to the fact that bitcoin price had spiked up so much.
If the same would have happened in the opposite direction and bitcoin would not have gained so much in price then these people wouldn't have worried so much.
May be they are unfortunate that bitcoin gained so much traction but they are still at a good place because bitcoin is still cheap.
Even if they get in now chances are that they will gain huge profits in future and yet there are many who selling at such cheap prices.
The same people will worry when bitcoin price will touch the new ATH. So the cycle repeats.

Many of the early bitcoiners sold their earnings once the price raised or after the crash, some others in between for low price.
There is another part that stopped dealing with bitcoin although having funds and lost every connection with those frozen and lost forever money.
I assume most people didn't expect to see Bitcoin skyrocketing that high otherwise the situation would be different.
I joined in the middle of the actual road if we could say that, so I have an idea about the past and it was sad for many and glorious for a couple of people.

[rendravolt]

At least you have tried very well, even though the results are not satisfactory but you get more experience than other people. But if you keep remembering this incident, of course you will not be able to move on and will be trapped in a deep abyss. You should start a new life from now on, if later you get better results, then invest in bitcoin with a trusted platform to avoid fraud again.

[Techkoy407]

calm down my friend

I also didn't know and didn't think that bitcoin would be this expensive,
if only at that time I bought only 10 BTC and I sold the BTC when the price was going up,
that would be awesome,

Let bygones be bygones
Don't get too caught up in regret
maybe not his

what is certain from now on, I will not waste the opportunity and will continue to look for that opportunity,

spirit.

[reagansimms]

Hello, didnt expect that this topic is still alive !!
So in my life nothing change, if anyone wanna donate me here is addy:
BTC -3B1rkbpz2caGjJBiH596BzJrwZh95HXNoA
Doge - DG5XqeiotNzL3Bjb7eUey7e8KXFgZ3GXCV
ETH - 0x905d6a67f28901738c9966d0b1df35ce8a3d8c7f
LTC - M9D4BVH7fzU5hS5k5kT5oGoG3UjFbXTE21
Some guys made so made posts in this topic, this gonna be long night

Hello Brandon.

As @JayJuanGee has stated under the topic I quoted, this forum has so many generous people who are ready to help anyone when in difficult times. One example you can see here [Donations] Fundraising for the Floods disaster in Pakistan.

Please help me to answer some of the questions below.

• How old are you.?
• What is your job now.?
• How is your health condition?
• Are you a perfect human (not disabled).?

At the opening of the topic you said that you had worked in an IT company, meaning you have experience and are very computer literate.

i was working in IT company

Start Innovating in this forum, you can dig a lot of knowledge here to get more decent money. Do new things, such as opening a management spreadsheets and signature service on the Board Services or another job that is more worthy than being a beggar.

Come on buddy, stop doing things like this. There is still much you can do to earn money in a more respectful way.

[JayJuanGee]

Everything will be an experience and also a very valuable lesson, and I also experience it but I am quick to think smart.
and I need to be able to differentiate between saving and investing from my paycheck, and I do both.
save only for immediate needs and invest for the long term or the future, which I think will be more effective and there will be no regrets in my investment even if the price drops. Because my goal for the long term is definitely the price will rise again even more than the highest price, and I believe that.
and i divide my salary every month regularly 15% for bitcoin, and 10% for savings, but when bitcoin price drop sharply to very low price i increase to buy bitcoin.

From that experience we can learn to think intelligently how to have experienced darkness but over time we can think smartly to be able to manage well in terms of our monthly salary finances.
I think you have differentiated well for long-term plans of course those are all plans that we want to invest in bitcoin but have a savings fund and there is also an emergency fund that has all been taken into account for future situations.

I also do the same thing where every monthly salary there must be a certain allocation divided into several percent, DCA, savings, rent, emergency funds and the rest are daily necessities, I have committed to my family that this plan must be done as early as possible, don't until later when we urgently have an emergency fund that can be used and investment funds for the future of my family and children, because I also want a brighter future because of this plan.

During the long journey of my investment in bitcoin only 0.5BTC is currently in hand, this will be maintained forever and continue to earn from DCA as a long term addition.

Sometimes there can be temptations to dip into your BTC too.. so I am glad that you have resolve to keep your bitcoin investment separate from your other matters, and if you keep a sufficient balance in your life, then you may be able to have enough luck in terms of never having to dip into your BTC reserves except at a time that is totally of your own choosing.

Sometimes you might learn to keep a certain quantity of fiat as your "always reserves", and then some things might come up (expenses or loss of income) in which you notice that your reserves are getting sucked dry and you may well not be holding enough reserves, so when you go through the "tight cash" period of time, you learn your borders.. and maybe you learn to keep a tiny bit more as your reserves, but then sometimes the opposite scenario might occur, and you may well realize that your cushion has been so great that you feel comfortable to slim down your cushion at least for a short period of time, and you may well even determine that you are able to make a long term change to keeping your cushion at a lower amount than you had previously kept  - and part of the reason for your ability to confidently make adjustments, is that the more that you prepare and plan ahead, then the more practiced you get at determining how much of a cushion you are able to keep without starting to feel too anxious about whether you have enough or if you have too much and you have reached an overall comfortable balance that you have tested over and over.. and you are continuing to learn even while getting better at it.. (hopefully).

At least you have tried very well, even though the results are not satisfactory but you get more experience than other people. But if you keep remembering this incident, of course you will not be able to move on and will be trapped in a deep abyss. You should start a new life from now on, if later you get better results, then invest in bitcoin with a trusted platform to avoid fraud again.

Of course, bitcoin allows normal people to hold their own private keys. 

And, sure investing through a "trusted platform" might be part of the solution, but another part of the solution is understanding and appreciating that there are additional kinds of risks when you are keeping your coins with third parties, and even if you decide to continue to keep some of your coins with third parties, there are ways to learn ways to keep your coins (your private keys), and the more value that you hold, the more  important it becomes to learn about various ways to keep your private keys and to attempt to take away third party risk.

We know that holding your own keys is not free from risk, and there are a decent number of people who have lost access to their private keys because they did not adequately secure their private keys... so the amount of learning about private key management is not any kind of trivial manner, and may well need practice on at least a yearly basis and maybe even changes in ways that keys are held..

If you save your private keys but you do not save a back up, or you are sloppy with your back up, then those are risks as well because you might develop a false sense of security or too much complication and end up locking yourself out of your coins.

calm down my friend

I also didn't know and didn't think that bitcoin would be this expensive,
if only at that time I bought only 10 BTC and I sold the BTC when the price was going up,
that would be awesome,

Let bygones be bygones
Don't get too caught up in regret
maybe not his

what is certain from now on, I will not waste the opportunity and will continue to look for that opportunity,

spirit.

What are you doing, then Techkoy407?

Do you have a plan? 

Have you bought any BTC?

Best way to prepare is to get started as soon as possible.. especially if we are talking about bitcoin and not some other topic.

[glendall]

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, I am like that, make it motivation to grow, not even despair,
all there is a way to reach the level of satisfaction in life
very grateful at this time. because below us there are still those who are not as lucky as us who know crypto and have felt the results of crypto itself

[ajiz138]

From that experience we can learn to think intelligently how to have experienced darkness but over time we can think smartly to be able to manage well in terms of our monthly salary finances.
I think you have differentiated well for long-term plans of course those are all plans that we want to invest in bitcoin but have a savings fund and there is also an emergency fund that has all been taken into account for future situations.

I also do the same thing where every monthly salary there must be a certain allocation divided into several percent, DCA, savings, rent, emergency funds and the rest are daily necessities, I have committed to my family that this plan must be done as early as possible, don't until later when we urgently have an emergency fund that can be used and investment funds for the future of my family and children, because I also want a brighter future because of this plan.

During the long journey of my investment in bitcoin only 0.5BTC is currently in hand, this will be maintained forever and continue to earn from DCA as a long term addition.

Sometimes there can be temptations to dip into your BTC too.. so I am glad that you have resolve to keep your bitcoin investment separate from your other matters, and if you keep a sufficient balance in your life, then you may be able to have enough luck in terms of never having to dip into your BTC reserves except at a time that is totally of your own choosing.

Sometimes you might learn to keep a certain quantity of fiat as your "always reserves", and then some things might come up (expenses or loss of income) in which you notice that your reserves are getting sucked dry and you may well not be holding enough reserves, so when you go through the "tight cash" period of time, you learn your borders.. and maybe you learn to keep a tiny bit more as your reserves, but then sometimes the opposite scenario might occur, and you may well realize that your cushion has been so great that you feel comfortable to slim down your cushion at least for a short period of time, and you may well even determine that you are able to make a long term change to keeping your cushion at a lower amount than you had previously kept  - and part of the reason for your ability to confidently make adjustments, is that the more that you prepare and plan ahead, then the more practiced you get at determining how much of a cushion you are able to keep without starting to feel too anxious about whether you have enough or if you have too much and you have reached an overall comfortable balance that you have tested over and over.. and you are continuing to learn even while getting better at it.. (hopefully).

I think the temptation must be there because we don't know when it will happen, but anticipation must remain given the current inflation situation, of course there will be little influence for us, therefore separating other investments from Bitcoin I will do for balance so that I can own Bitcoin in a different way which is safe without any problems, it's not all in the big Bitcoin reserves but at least I've never gone through how to set aside a gratuity for that Bitcoin and it has been my choice for a long time.

Well of course there must be fiat reserves but for my fiat not in crypto form but storing in the bank to make it safer and also easy to use at any time, this fiat reserve is always the main thing than other investments because after all if there is a decline in my income maybe I can use this spare money and not interfere with other plans that have been implemented, I will still try to balance in terms of my income and expenses every month, but with that record we can know how much we are keeping and also input into the investment Well, that's right, there must be a careful calculation in order to keep it stable, that's what I want in the future.

Learning is important, every time I explore social media I always pick up words that I think are good, and always be an inspiration that I will instill.

[pawanjain]

The whole point of early bitcoiners selling all their bitcoins at cheap prices is due to the fact that bitcoin price had spiked up so much.
If the same would have happened in the opposite direction and bitcoin would not have gained so much in price then these people wouldn't have worried so much.
May be they are unfortunate that bitcoin gained so much traction but they are still at a good place because bitcoin is still cheap.
Even if they get in now chances are that they will gain huge profits in future and yet there are many who selling at such cheap prices.
The same people will worry when bitcoin price will touch the new ATH. So the cycle repeats.

Many of the early bitcoiners sold their earnings once the price raised or after the crash, some others in between for low price.
There is another part that stopped dealing with bitcoin although having funds and lost every connection with those frozen and lost forever money.
I assume most people didn't expect to see Bitcoin skyrocketing that high otherwise the situation would be different.
I joined in the middle of the actual road if we could say that, so I have an idea about the past and it was sad for many and glorious for a couple of people.

Yeah, if people would have thought that bitcoin could reach such heights many would have surely hold their bitcoins.
In fact there are some people who are still holding their coins and enjoying the ride.
There is a Youtuber from the early days who begged people to buy few bitcoins back then and it was only a few dollars worth then.
On the other hand there are others who spent 10k BTC on a pizza yet they don't regret their decision.
So it pretty much depends on us on how to react on our own decision. We can either regret or move on to find better opportunities.

[Obito]

Life will always give you many more opportunities and you can still earn a lot through Bitcoin. See so many newbies are working enthusiastically, even when they are new and have little understanding of Bitcoin. They still have belief that Bitcoin can get them good financial benefits, if if not make them filthy rich.

Totally agree, I think that as long as you are alive, opportunities are always going to arise and there's only one way to approach those opportunities which is seizing, that's why I am still alright even when the market is going down, I know that it's just a stint in the market and it's not a permanent thing.