Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: The best stories about your crypto experience
by
southafricadude
on 15/04/2020, 13:33:36 UTC
⭐ Merited by DdmrDdmr (2) ,Heisenberg_Hunter (1)
I remember being basically broke and learning about bitcoin in 2011....my first purchase was on VirWox, buying Linden Dollars, then trading them in the Second Life game to some lady in France for some bitcoin. I got 13BTC @ $11 each!

I got a bunch and sold them for 100% profit to people in person, and it was awesome...as the time went by, other friends and people I know wanted, so I was buying and selling to them directly, most of the time for about 20% profit, and I would repeat over and over.

The sad part was that I didnt hold....I was constantly buying more stock, selling for a profit, then buying even more stock.
Then I started trying to find other ways to make my bitcoin grow, so I 'invested' in some cloud mining websites (GAW mining), some Litecoin mining operations (LTCGear?), and a few other places (Bitfunder) where I lost most of what I had.

So now I have a very small percentage of what I could have had, if I had just been keeping some of the profits I was making, but I was too greedy.

I have been holding for a few years now...and I keep a small amount on some exchange which I trade to try and make some more bitcoin. The moral of the story is to not be greedy....keep your bitcoin safe....DONT try and 'invest' your bitcoin in get rich quick schemes.

I am not broke anymore, and do well, but I still shed a tear when I think of how much bitcoin I could have had, if I had just been more responsible.