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56713870 No.56713870 [Reply] [Original]

What is your life like now?

>> No.56713998

I was a millionaire 3 years ago now have 5 figs of debt. Mentally and spiritually down bad.

>> No.56714063

>>56713998
explain. if i got even half a million i would pull most of it out of crypto and into bonds for passive income.

>> No.56714078

>>56713870
Was a millionaire with shitcoin. Held it to low 5 fig and now in debt. 1/3 of my wage gets taken every month

>> No.56714607
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56714607

>>56714063
I kept it all in bitcoin thinking it would be plenty to live off of, even in a bear market. Borrowed against it the whole way down but then life happened to hit me with lots of large, unexpected expenses right as the luna crash was happening. Caused a very fast downward spiral and the debt has kept me completely trapped and sinking further.

My happiest moment these past couple years was when I realized I had $15 worth of old CS:GO skins I could liquidate to pay off a late fee.

>> No.56714622

>>56713870
depends on your definition of failure. i lost like $50k "trading" but since I persevered and didn't give up I made it back and am continuing

>> No.56714851

Put in $500 into crypto initially, got hooked on the shitcoin casino.
Put $500 into Mercurity (thanks Boolean, I'll slit your throat someday)

My "portfolio" is worth $50 today, up from $30 a few days ago, before I bought some shitcoin being shilled here.
I live with my parents, working a dead-end job that pays like shit.

My life isn't really different than before I wasted 2 paychecks' worth on crypto. I'm just cured of the idea that life will randomly get good.

>> No.56714962

>>56714851
if you live with your parents than i'm assuming you have no expenses and can build up money easily. you can't lose by dumping your money into random alt coins hoping they moon. odds are, one of them will. and if they don't, your life can't possibly get worse.

id honestly be doing the same in your situation.

>> No.56715006

>>56714962
>if you live with your parents than i'm assuming you have no expenses and can build up money easily
I live in a pretty fucked up country where my parents, who worked their asses of for half a century, can barely afford to cover our costs of living with their salary/pension, so I have to contribute.

>you can't lose by dumping your money into random alt coins hoping they moon. odds are, one of them will.
I don't know if I can believe that. The last few years have shown that things can easily go wrong in a way I can't foresee. I'm not really enough of a crypto-zealot to bet my future on the idea that crypto is forever and that it won't be gone in 5 years.

>and if they don't, your life can't possibly get worse.
I have a hard enough time not killing myself knowing that I wasted $1000 on funny internet money, not sure if I could endure it with a bigger sum.

>> No.56715050
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56715050

>>56715006
i too lost a shit amount of money. but im halfway back. been in this for 5 years. don't give up. the grandest lessons are the ones you're experiencing yourself. try to catch gold but don't forget to buy some pickaxes along the way. (bluechips over shitcoins)

>> No.56715133

Lost $100k to the crash of '22. Have less than $10k left in my checking account now, and my portfolio is still over 50% down from breakeven. To make matters worse, all the alts I chose are lagging behind many others that are pulling 3x-5x's like candy, while I only gained 50% from this huge bitcoin rally. It's better than nothing, but I could've made much better decisions during the bear market and I would've broken even by now (ie: if i went all in on Solana when I had the chance).

>> No.56715211

>>56715050
>>56715133
i haven't lost any money in crypto yet as i just started investing. so far, i'm mostly sticking with bitcoin. any tips from the veterans, here?

>> No.56715239

>>56715211
pick one or 2 bluechips and stick with it. don't get distracted by fomoing into pumps. which bluechips? i'll leave that up to you

>> No.56715251

I'm poor and as a result I'm throwing my wealth into CUMSHITROCKET tokens in the hopes of seeing a 100x or 1000x, I'll be in a thread just like this in four years.

>> No.56715436

>>56715133
>To make matters worse, all the alts I chose are lagging behind many others that are pulling 3x-5x's like candy,
previous cycle alts tend to lag. ditch your bags now

>> No.56715566

>>56713870
About the same but I make more money. My only problem is having to manage fucking retard antiwork quiet quitters.