This investment choice cost me 4 years of my life

[tvplus006]

...I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

You have obvious problems with math) You shouldn't get so upset, because even if you sold bitcoin at the maximum price, you would have 25 thousand dollars. Of course, this is a lot of money, but not as much as the 87 thousand dollars you calculated.

[Kasabus]

It's a sad reality that people should experience losses first before they will try to realize the value of their investment, and start making good at it. Although I have to say this is normal, but if you keep sticking to your coins that constantly bring you losses, that makes you stupid already.

Well OP, I think the market favors you this time seeing how low the price of bitcoin is, which makes it a great opportunity to start accumulating bitcoin at a higher volume. Don't be discouraged with the price of bitcoin, because it will never stay that way forever.  Instead, start moving now and do what you have to do from the start.

[BigBos]

At least now, you know your lesson well. This is why I don't suggest learning from the social media influencers no matter how they claimed to be professionals, because in reality, no one can predict the future price of altcoins, same with bitcoin. The only difference is that, altcoins aren't that stable and are only good for short-term investments, while bitcoin on the hand is originally set for a long-term investment, that no matter how low the price drops, it will certainly recover in time.

This is not the end of your investment, you can always try to accumulate bitcoin with your discretionary income, and follow DCA method to successfully increase the amount of your bitcoin in your portfolio.

Don't take what influencers say at face value. It's okay to listen to them, but we must also analyze them for ourselves. After all, they are influencers who could receive endorsements or other means that could help a coin attract new investors.

Yes, you're right. At least he's gained invaluable experience. If it doesn't happen now, it will happen in the future, and what he's experiencing now will be even worse if it happens in the future. And I thank you for sharing this experience, it will certainly be a valuable lesson for us all.

[JoyMarsha]

We have to learn from our own mistakes and the mistakes of others, so that next time we act smarter.

This cycle had us to many opportunities to sell at high price on our altcoin investment but due to that believed that what is ahead in terms of profits will be much higher than what we have now(at that time) made us keep believing and holding our altcoin, which was the worst decision we ever made, thinking that 4 year circle will remain the same. That will be a big mistake, and I am sure many have learn from it, to sell when they see profits in their altcoin, irrespective of the cycle, because hodling for a particular time may not actually be favorable.

[davis196]

1. Cycle doesn't matter, the profit you get is all that matters, get them secured, I failed to turn profits to usdt because I felt it's not the right time.
2. Do not trust 👎 those damnn YouTubers, we will bounce they kept screaming, today they started admitting that they were wrong all along.
3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

In what altcoins did you invest? Did you lose everything? 3K USD isn't a big amount. What do you mean by this investment "costing 4 years of your life"? You do have a job and monthly income, right? It's not the end of the world, just wait for the BTC to drop and start accumulating.
You are one of the millions traders, who lost money on the financial markets. You are not alone in this. Just try to forget about it and try to move on. Embracing failure is the first step to achieve any success in life. I don't trust any Youtubers. They are just shilling and spreading lies.

[YellowSwap]

1. Cycle doesn't matter, the profit you get is all that matters, get them secured, I failed to turn profits to usdt because I felt it's not the right time.
2. Do not trust 👎 those damnn YouTubers, we will bounce they kept screaming, today they started admitting that they were wrong all along.
3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

In what altcoins did you invest? Did you lose everything? 3K USD isn't a big amount. What do you mean by this investment "costing 4 years of your life"? You do have a job and monthly income, right? It's not the end of the world, just wait for the BTC to drop and start accumulating.
You are one of the millions traders, who lost money on the financial markets. You are not alone in this. Just try to forget about it and try to move on. Embracing failure is the first step to achieve any success in life. I don't trust any Youtubers. They are just shilling and spreading lies.

If you believe that 3k is small maybe you should send me 1.5k I will appreciate it, when I said it took me four years I really mean it, things can be easier in your country but never in mine, it really took me that long to safe up that amount of money, I am not from a country where minimum wage is very high.

[Awaklara]

I am even ashamed to mention what I have left in my crypto wallet.

You gain valuable experiences that might become regrets you will always remember. 
You set your investment plans based on a timeframe in a cycle you are already familiar with, not on the profits you might achieve. Most people say to invest long-term, but they may not plan specific timing and price targets. 
You must have a sense of satisfaction and rational thinking to plan the investment targets you pursue. Thank you for sharing.

[batang_bitcoin]

3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

Oh, I'm done with all of those calculations. I've sold a lot in the past at a cheap rate and I should have that life changing money as well just like you. But life goes on and we have to admit the mistakes that we did. Losers are quitters but winners never quit. That's why we'll bounce back and we've learned from those bad timings that we did and we don't want to repeat the same mistakes again. We're on this, we're on a great community and we're pushing each other upwards so that all of those bad decisions we've made will be corrected in the near future.

[Hamza2424]

1. Cycle doesn't matter, the profit you get is all that matters, get them secured, I failed to turn profits to usdt because I felt it's not the right time.
2. Do not trust 👎 those damnn YouTubers, we will bounce they kept screaming, today they started admitting that they were wrong all along.
3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000

Bro If I start to mention how much I have lost due to my bad decisions then you would be surprised, it all starts with a IF like what if we have bought BTC, and even if we had bought BTC we would wish what if we have kept them save and not sold them.

The urge to wish more never fades, but you are saying you never took profit that's really not I did, I timely profit, use that money, paid bills, and paid fees, bought something for me time to time and for my family too.

In short we all should not sit on money although I am not trying to trigger you now, I know the time has passed, can you mention which altcoins you bought, or you never invested in BTC like you owned nothing of it now?

[Distinctin]

3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

Oh, I'm done with all of those calculations. I've sold a lot in the past at a cheap rate and I should have that life changing money as well just like you. But life goes on and we have to admit the mistakes that we did. Losers are quitters but winners never quit. That's why we'll bounce back and we've learned from those bad timings that we did and we don't want to repeat the same mistakes again. We're on this, we're on a great community and we're pushing each other upwards so that all of those bad decisions we've made will be corrected in the near future.

Nice to hear that. Mistakes and losses will never guarantee our future with crypto, but they could be our best drive to make things right and gain success this time. A lot like you here have experienced the same, some have chose to quit, others have remain strong and finally thrive in the end. This is just to prove that winners aren't weak and get easily discouraged, but they should gain more courage and positivity because once they make things right with their investments, success and profits will surely follow.

[freedomgo]

You know, its normal to take some time of regretting and look back on how you were blinded by your own mistakes. But after that, motivate yourself again that you'll be wiser and smarter this time, and this time its for bitcoin, goodbye to altcoins, although in reality there are still many of us here who are making good profits from their potential altcoins.

What matters now is that you learned your lesson well and you will never create the same mistakes again that could lead to same losses in the end. And just to be honest to you, bitcoin is preparing you now for a great entry, you just have to practice proper risk management and patience all throughout your time of investment.

[Baki202]

3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

Oh, I'm done with all of those calculations. I've sold a lot in the past at a cheap rate and I should have that life changing money as well just like you. But life goes on and we have to admit the mistakes that we did. Losers are quitters but winners never quit. That's why we'll bounce back and we've learned from those bad timings that we did and we don't want to repeat the same mistakes again. We're on this, we're on a great community and we're pushing each other upwards so that all of those bad decisions we've made will be corrected in the near future.

A lot have made the mistake of selling, but now people are becoming smarter, and those who have made the mistake of selling early are the ones who know the true value of holding and just that there is no time for regret. There is still time to make that dream come true, all you need is to plan how you want to establish your plan, and there are ways that things can be this easy, starting from doing DCA. That way, you can be accumulating, and the only thing is that you have to be committed, and when you do DCA, you have to be ready to hold for a long time.

And you can even decide to hold for 10 years, and some people have held to that extent, that is the level of commitment we are talking about. When you are holding, it is very important, we need to take things more seriously when it comes to holding because if you look at the data of how much people make in the market, you will just want to put in much effort.

And all we can do at this point is to encourage ourselves self to do better in investing and holding, which is one of the ways that we can save ourselves from a lot of drama and regret, and we learn every day, and there are people who have reclaimed themselves, and it is working for them

[Pandu Geddon]

3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

Regret always comes too late, when we realize that our previous choices were wrong. Even when we actually know the better choice, we still listen to others or are attracted to the potential for greater gains. That's how someone's life is. 
Now you regret it, and don't repeat it in the future. Whether you want to continue your investment or exit this market.

[Strongkored]

3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

Regret comes later, which is why if you don't want to regret, always be careful, don't be greedy, and also don't believe what is said on the internet because most of it is not true. As an investor, you must learn on your own and trust what you understand, not what others say. You have gained a valuable lesson, only Bitcoin is better compared to any altcoin.

[The Cryptovator]

To be honest, I don't trust any cycle, though coincidentally this happens. But we made this common mistake always. It's due to greediness when we have good profits but think the alt season hasn't started yet. That's how, when we dump back, we regret it. A few days back Ethereum gave me good profits, but I think the alt season hasn't started yet. If the alt season starts, then my profits would increase a lot. But you can see what's happening; almost 50% dump my Ethereum holding. This is called greedy, actually.

Regret comes later, which is why if you don't want to regret, always be careful, don't be greedy, and also don't believe what is said on the internet because most of it is not true. As an investor, you must learn on your own and trust what you understand, not what others say. You have gained a valuable lesson, only Bitcoin is better compared to any altcoin.

In a summary, you have to get out of the market when you have a good profit. Then wait for the right time to take a re-entry; otherwise, we have to regret it. As I said above, I have made the same mistakes. I was greedy and thinking about coming alt season. But I am encountering the bear season right now. Everything becomes half in my portfolio.

[gunhell16]

I’m sorry to hear about what you went through, but I’m glad you’ve learned from those experiences and that you’re grateful because it can provide a valuable lesson
to other communities in the crypto space.

So, if we’re certain that a 100% ROI is possible, we shouldn’t forget Bitcoin for the long term; in other words, BTC should receive the highest percentage of our allocation compared to
other altcoins that we might consider for future profit.

[batang_bitcoin]

3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

Oh, I'm done with all of those calculations. I've sold a lot in the past at a cheap rate and I should have that life changing money as well just like you. But life goes on and we have to admit the mistakes that we did. Losers are quitters but winners never quit. That's why we'll bounce back and we've learned from those bad timings that we did and we don't want to repeat the same mistakes again. We're on this, we're on a great community and we're pushing each other upwards so that all of those bad decisions we've made will be corrected in the near future.

Nice to hear that. Mistakes and losses will never guarantee our future with crypto, but they could be our best drive to make things right and gain success this time. A lot like you here have experienced the same, some have chose to quit, others have remain strong and finally thrive in the end. This is just to prove that winners aren't weak and get easily discouraged, but they should gain more courage and positivity because once they make things right with their investments, success and profits will surely follow.

Those mistakes that we have are truly a drive to become better in crypto. As an investor or a trader, we know what's the better thing to do if we're dealt with the same situation again. You're right and winners have went through a lot of losses before they've made a lot of profit, I can say that for myself as well.

A lot have made the mistake of selling, but now people are becoming smarter, and those who have made the mistake of selling early are the ones who know the true value of holding and just that there is no time for regret. There is still time to make that dream come true, all you need is to plan how you want to establish your plan, and there are ways that things can be this easy, starting from doing DCA. That way, you can be accumulating, and the only thing is that you have to be committed, and when you do DCA, you have to be ready to hold for a long time.

And you can even decide to hold for 10 years, and some people have held to that extent, that is the level of commitment we are talking about. When you are holding, it is very important, we need to take things more seriously when it comes to holding because if you look at the data of how much people make in the market, you will just want to put in much effort.

And all we can do at this point is to encourage ourselves self to do better in investing and holding, which is one of the ways that we can save ourselves from a lot of drama and regret, and we learn every day, and there are people who have reclaimed themselves, and it is working for them

I am one of those who have sold some earlier. While there's a bit of regret from it but I have to do that because there were important situations I have to use that fund that I've made from taking the profit in my holdings. But it's true that people are becoming smarter nowadays, whoever is about to sell will have to take it that they'll miss more profits in the future so they're taking it earlier than waiting for that time.

[knowngunman]

Almost everyone of us has a story like this to tell. The only mistake you made here was venturing all your savings into altcoins without diversifying some into Bitcoin. Although many of us here believe that investing in altcoins is not diversification but that's not the issue here, what matters is the profit you're able to make. Unfortunately, you took the wrong decision by investing in altcoins with everything you had and to make it worse, you made a silly mistake not taking the profits. If you had taken the profit, the earlier mistake could be a worthy one and you can correct that by investing the profits in bitcoin.

You have to move on now and stop regretting. The most important aspect of mistake is learning from it and you gladly learned. I hope others can learn from your experience and you'll not repeat the same mistake in the future. It's never too late to take correction and start over.

[justdimin]

To be fair, this is way too common with a lot of people. I have seen way too many people lose money on some unheard obscure shitty coin, and they think it's know and famous because they saw it on youtube or they saw it on twitter, and they saw hundreds or even thousands of people tweet about it. Reality is that, if you come here and do not see people talking about it, then tis already nothing, and if they do talk about it then check how they are talking about it, is it good or bad, are there people with doubts?

These are all important. In most cases, we are dealing with wrong moves and we should be avoiding these. In the end, OP is right, keep it all on bitcoin and you wouldn't be upset, alts are just gambling at this point.

[Muba20]

I promised to build myself a home but now it looks impossible due to my miscalculation, if you are reading through this have it in mind that ...

1. Cycle doesn't matter, the profit you get is all that matters, get them secured, I failed to turn profits to usdt because I felt it's not the right time.
2. Do not trust 👎 those damnn YouTubers, we will bounce they kept screaming, today they started admitting that they were wrong all along.
3. Bitcoin and Bitcoin only is the best, I calculated $3,000 spent on BTC in 2022 @15,000 it's now worth $87,000.

If there is profit, why should we pay attention to the cycle completion? If there is profit in the trading market, it is better to withdraw the profit quickly. Again, you should gain your own knowledge to invest with your own money. If you invest with the knowledge of others, there will be more chances of losing. Those who invest under the influence of influencers or on the words of others have a higher chance of losing than others. If someone invests only in Bitcoin without being overly greedy, he will be able to profit the most.