Quote from: wiss19 on August 27, 2022, 09:18:26 AM

I think you are saying that the moral of this story is to borrow money and not sell your crypto possessions because they might make you rich in the future but the problem is that we don't know what the future holds and for some, the present time is still much more important so what you did there is not really wrong. Plus, borrowing money imo is not really a good idea especially if you know that you still have something.

Who was saying to borrow money? and we are not talking about "crypto" here, we are talking about bitcoin.

OP said that he sold all of his bitcoin in 2015, and he is having regrets, but he decided to just quit and to proclaim himself as a loser who missed out.

So far, we are not talking about borrowing money. You brought up that topic and proclaimed that we were talking about borrowing money to buy bitcoin when we were not talking about that in this thread.

Quote from: wiss19 on August 27, 2022, 09:18:26 AM

You don't have anything left but at least you aren't stuck in debts which could give your more stress.

No one was talking about borrowing money, until you brought it up.. that's a different topic.

Quote from: wiss19 on August 27, 2022, 09:18:26 AM

More important is that don't compare yourself to other people because you will only feel miserable if you do. Just think about that god might have a better plan for you.

That's a fair point regarding not comparing yourself to others, but OP just decided to NOT do shit.. to abandon bitcoin and then he saw that his peers were doing better than him financially, so he feels that he screwed up and he feels that it is too late to do anything about it.. so if he wants to perceive himself as a loser, then I suppose that is his choice.

Alternatively, he could create a bitcoin-related plan and attempt to follow it. Yet, again it is his choice about what he wants to do, just like it is the choice of the rest of us about what we want to do... Each person can choose in the present regarding how they want to deal with situations/choices that they made that they perceive had not gone well from them in the past...and they can choose whether to give up or to figure out some kind of strategy forward.. that may or may not involve borrowing money to buy bitcoin, but we had not been really talking about borrowing money until you brought it up.

Quote from: krishnaverma on August 27, 2022, 09:44:05 AM

But there are still many opportunities with crypto. If you buy bitcoin and keep it with you for next 10 years, still there is scope for larger profit. Similar opportunities are there is the filed of other crypto coins and NFTs.

Don't fuck around with shitcoins, including NFTs. They are not the same thing as bitcoin.

Quote from: goldrushed2 on August 27, 2022, 11:23:29 PM

People tend to go back to gold and silver when countries are unstable.

Bitcoin is likely around 1,000x more valuable and useful than gold - yet it may well take more than 100 or even 200 years for bitcoin to get to that market cap, even though currently bitcoin is about 1/20 of gold's market cap.

Sure, you can put value in gold and silver, but they are likely ONLY preparing you for an Armageddon like scenario, which I would have my doubts about how high the odds of such a scenario - maybe 5% at best?.. but hey, you can invest as you like and allocate as you like, even though bitcoin likely replaces gold's use case, monetary usage and various other monetary properties at least 1,000x more powerful in terms of portability, verifiability, divisibility and the ability to self store it without incurring so many third party risks, including cost of having third parties hold it which also get in the way of the efficiencies in actually possessing gold versus bitcoin. So yeah, you, Peter Schiff and others are likely going to continue to lose if you really believe that gold is going to perform even close to as well as bitcoin in the next 5-10 years, and you can even look at bitcoin's performance in the last 5-10 years to see similar levels of past results that are likely going to continue with bitcoin as a better asset class than either gold or silver (and gold surely is better than silver, too)... and yeah, of course, it is your choice to allocate into gold.. if that's what you choose and to fail/refuse to sufficiently and/or adequately allocate into bitcoin because you have a lot of nonsense ideas in your head in terms of bitcoin being less tangible and that people on the interwebs are trying to pump it.. and all that kind of baloney when the fact is that you are seeming to continue to even want to recognize bitcoin's investment thesis (and your own long term allocation into it) as a matter of how much rather than if.