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/biz/ - Business & Finance

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57649727 No.57649727 [Reply] [Original]

Does anyone else lie awake at night fantasizing about buying 10,000 BTC back when it was worth like $0.0001 each? Sometimes I even handicap my fantasy by imagining that I sold 1,000 BTC each time it added a zero, starting at $1.

$1 in 2011 = $1,000
$10 a few months later = $1,000 + $10,000 = $11,000
$100 in early 2013 = $11,000 + $100,000 = $111,000
$1,000 in December 2013 = $111,000 + $1,000,000 = $1,111,000
$10,000 in mid-2016 = $1,111,000 + $10,000,000 = $11,111,000

Plus another 5,000 BTC remaining whose current value = $259,379,000.

But then I reflect on my choices back then and recognize that I probably would've ended up in jail if I were that rich at that age.

>> No.57649755

>>57649727
This is some cuckshit bro.

>> No.57650097
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57650097

I used to dream about going back in time with my current knowledge. Eventually I stopped because while fantasy is really alluring, there is no turning back time and I have to find a way to make myself rich in the future, not in the past.

>> No.57650279 [DELETED] 

ɛąཞŋ ʄཞɛɛ ɠıʄɬƈąཞɖʂ ąʂ ɱąŋყ ɬıɱɛʂ ąʂ ყơų ῳąŋɬ ąŋɖ ཞɛʂɛƖƖ ıɬ ʄơཞ Pཞơʄıɬʂ, ཞɛąɖ ɬɧɛ Pɖʄ ąɬ ɬɧɛ Ɩıŋƙ ცɛƖơῳ

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>> No.57650314

>>57649727
What you have to remember is that even if you did but that many back then, you almost certainly would have sold when it 10x or 100x. It is extremely unlikely that you would have waited for a higher return

>> No.57650317

>>57649727
desu i don't even know what I'd do with a couple million dollars even if I had it. Definitely not working a bum job. Probably just do a bunch of outdoorsy stuff. But other than that... Idk. Buy whores, I guess. What would you do?

>> No.57650454
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57650454

>>57650317
I'd make and sell custom furniture.

If I had $2m today, I'd pay cash for a $275k house in a large, modern, midwest city. I'd take another $25k to bootstrap my workshop. I'd put the remaining $1.7m in SPY and enjoy that sweet 7% inflation-adjusted annual return in perpetuity, which is ~$120k/yr in today's money. I'd be able to supplement that with earnings from my custom furniture business to build up a cushion and get me through the tough market years.

>>57650314
Yeah, I know. This always brings me back down to earth.

>> No.57650635

>>57650454
Yep, like bro said, I held for a very long time, and sold out in Jan 2018. Never truly believed and wanted a pay day. I still think about holding everyday... Maybe that's worse?

>> No.57650647

>>57650635
How much did you make out with?

>> No.57650673
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57650673

>>57650097
>I used to dream about going back in time with my current knowledge.

>> No.57650693

everyone will take advantage of you. you will only have fake friends who secretly hope for your downfall.

normies are a lot more ruthless and scheming than autists realize. they will think you're an idiot

>> No.57650724

>>57650673
They actually had discovered "creating" electricity, but not how to harness or use it.

>> No.57650728

>>57650673
kek
>>57650454
Wish there was a place that tracked asset appreciation. I’d love to know everything that 5x in a year.

>> No.57650742

>>57650673
the Nate Bargatze joke about this is hilarious

>> No.57650751
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57650751

No but I do fantasize about $LRDS not shitting the bed and dying like most of its kind. And that's because it hasn't even released just yet. No point in fantasizing or thinking "what could have been" over something that has been out for almost two decades now.

>> No.57650777

>>57650693
what are you even talking about lol

>> No.57650787

No I don't because comparisons and rumination are the killers of joy and they both kill drive and aspiration. "Why bother I already missed out" etc.

>> No.57650795
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57650795

Just go Out and find a normal Job, LMAO

>> No.57650799

>>57649755
>>57650751
>>57650787
Based "fuck it we bail" anons shitting on "it's joever" chuds.

>> No.57650812

>>57650454
>2011
I was fucking around fresh out of higschool chasing my gay little compsci degree and now AI will take my job away in the next 3 years. God sometimes I truly want to fucking shoot myself in the head with a .12 gauge and end it all for good.

>> No.57650817

>>57650751
how is a token for a blockchain game scheme comparable with bitcoin. are you mentally ill?

>> No.57650833

>>57650724
I just wonder how many people back then died trying to create shit we use today almost as if it's our "right" to do so lmao.

>> No.57650840

>>57650787
pretty convoluted way of saying you are poor bro

>> No.57650846
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57650846

>>57649727
Well I dont happen to think about it there's no point to keep bragging about stuff you can't control.
I could have bought Btc under 1$, and be fucking millionaire rn but im still happy.

>> No.57650856

>>57650795
Have you recently tried to get an actual job lately?

>> No.57650865

>>57650751
its twi decades already actually.

>> No.57650940

>>57650454
id do 52 week covered calls on fortune 100 companies all day, literally print fee money for life. People dont realize that a million dollars is much more than a million dollars, it's like a guaranteed set life for the next 100 years sum of money, unless you're a retard

>> No.57651096

>>57649727
remember not pulling the trigger on buying 4 BTC for $2k back in 2016 or so when I watched a vid about the halvening and figured the price would have to go up. but then again i also figure I would have sold once I got a decent return and wouldn't have held for so long so meh.

>> No.57651382

>>57649727
>when it was worth like $0.0001 each?
it was never that low

>> No.57651403

>>57651382
Okay, just how low do you think it was back when the only places you could buy it were OTC channels on IRC?

>> No.57652253

>Bought $300 worth of Bitcoin in 2012 cause I thought the idea was cool
>Never sold cause too afraid of dealing with KYC and IRS shit.

>> No.57652265

>>57652253
> 2012
You expect us to believe you're sitting on several hundred million dollars that you're "too afraid" to cash out?