I ended up only ~$30,000 down after all the fees, etc from exiting my position. It has been a long few weeks. I must say there have been only a few things keeping me going. For me thats alot of money to lose at once and alot of emotional talks with my family and a few nights on the couch. I really have taken each comment into careful comsideration. But luckily things are looking up. I have a plan to make back my losses. I've been watching the price drop and I feel that we're in for a major correction to the upside. It just seems that with all that amazing Eth technology about to launch and all the brillant minds at work, Eth has hit the bottom and should correct to a proper value. My mother has given me a substancial loan to cover my loses plus a little, out of her retirement. Before I get any flack, it is a much smaller loan then my original investment but adaquate to cover my loses. Hopefuly I'm right on this one and I'll be able to pay back my mother's retirement fund.
Cheers, Bean
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BoardAltcoin Discussion
Re: I just mortgaged my house to buy ethereum
by
SuperBean
on 18/03/2016, 20:42:32 UTC
Hello friends.
I must apologize for helping crash the ethereum market. My wife gave me an ultimatum, either it was her or the ether. I followed the good advice in this thread and sold my position.
Thanks again and sorry for the dump.
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BoardAltcoin Discussion
Re: I just mortgaged my house to buy ethereum
by
SuperBean
on 13/03/2016, 21:02:19 UTC
This guy knows what I'm talking about. Am I right or am I right?!
And an update. My investment it seems is working out quite nice.
Im seriously thinking about dumping a shit tonne of btc into eth and going all in on eth. Am i crazy?
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BoardAltcoin Discussion
Re: I just mortgaged my house to buy ethereum
by
SuperBean
on 07/03/2016, 21:01:55 UTC
Hi guys,
Wow, thanks for all the replys and advice. Due to the recent price trend down I'm not going to say I'm panicing but tensions are a little high around here. Do you think the price is going to go back up in the near future? Cheers, Bean
[Hi Internet, This is Beans wife. I saw my husband typing this and am butting in. Basically we are down ~$20,000 right now and I am not happy. Is this normal for these digtal money investments? What should I do if it goes much lower then in is now besides try and find another husband?]
I'm a father of 1 with another 1 on its way I've been watching some of Vitalik's videos. He is just amazing. I have a really good feeling about Ethereum. I just mortgaged my house to buy a lot of the Ethereum gas. I showed my wife the video's and she says that if I can understand it then it's probably a good idea. While I'm a little nervous about losing everything, I needed to find someway to pay for my children's future. How high do you guys think Ethereum will go? I'm not crazy am I?
Cheers, Bean
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Topic OP
I just mortgaged my house to buy ethereum(Back in baby!)
by
SuperBean
on 05/03/2016, 19:01:13 UTC
Hi guys,
I'm a father of 1 with another 1 on its way I've been watching some of Vitalik's videos. He is just amazing. I have a really good feeling about Ethereum. I just mortgaged my house to buy a lot of the Ethereum gas. I showed my wife the video's and she says that if I can understand it then it's probably a good idea. While I'm a little nervous about losing everything, I needed to find someway to pay for my children's future. How high do you guys think Ethereum will go? I'm not crazy am I?