Quote from: Dafar on May 08, 2014, 02:03:28 PM

Since I joined the Bitcoin bandwagon in November 2013, this is how much money I have put into Coinbase to purchase bitcoins.

Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.

I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).

If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.

How much of a fucking idiot am I?

I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)

Sad about your loss, I don't have anywhere as much to invest in cryptos, but I think was affected your investment most is the BTC Price collapse that affected all other altcoins at the same time.

I think that you should consider different ways and aspect of investing in cryptocurrencies
ie: Long terms investment (HODL) and shot terms investment, safe(er) investment, and high risk high reward (which most altcoins are).

Considering these aspect you should adjust the capital investment per category.

As for you being a fucking idiot, I don't think so, there is always a risk with investing, it's just plain statistics, which means luck is still a prominent factor, and I'm sure that this made a better investor and gave you experience so that in it self is a value