Ninjastic
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Board Bitcoin Discussion
Re: Regret and depression
by
BillyBobZorton
on 30/01/2015, 13:44:07 UTC
Quote from: runpaint on January 30, 2015, 01:35:53 PM
Quote from: AtheistAKASaneBrain on January 30, 2015, 01:13:59 PM
Quote from: runpaint on January 29, 2015, 07:01:18 PM
Quote from: LifeOfRegret on January 29, 2015, 06:31:08 PM
bitcoin was my one and only way of becoming a millionaire in life and it was right under my nose.


Right now there is another way, and 4 years from now you'll wish you had been doing that instead of moaning on a message board.

If Bitcoin continues to grow, it could be comparable to Visa.  But then there's still room for Mastercard, American Express, and Discover.  If you want a million dollars for a $100 investment, look at which altcoins have that potential.  Me, I'm working both angles - if I buy 1BTC and it gets to be worth $10,000, I still won't be able to retire early.  But if I buy a bunch of altcoins and let them grow into 20BTC, and then those 20BTC are worth $10,000 each, then it's a good start.  

Besides, have you even thought about what you would do with a million dollars?  I mean, would it really make you happy?  Or would you be online 4 years later, saying "I wasted my time chasing bitcoin and a million dollars, and I missed the chance to get married and be happy."

Lol no, I would be happy with 1 million dollars.

But the thing is, who the fuck is going to grow 1 BTC into 20 buying altcoins when most are scams? I can only think 2 altcoins I would put some BTC long term, and we dont know the amount of BTC needed. Im thinking minimum 1 BTC invested and praying to Saint Satoshi that these alts make it big.

Well that's the trick.

#1 is this coin an outright scam, or will it increase in value over time and with more users, just like Bitcoin?
#2 is this coin cheap enough that I can buy a significant amount for a few dollars?
#3 is the price already in a bubble, or is now still a good time to buy?

Then you just buy and wait 4 years.  That's the part most people can't understand.  They wish they had bought bitcoin for a penny, but what good would it have done them?  They would have sold it for 50 cents and considered it the profit of a lifetime.


True, but past performance doesnt mean history repeats itself. What other coin could give you Bitcoin-tier results? It was the first coin, I dont see any other coin being able to deliver such gains. I mean when was the last time a coin gave really good gains? Darkcoin? and look where is it now.