I used to be a millionaire

I used to be a millionaire.

AMA

How much did you start with?

A small loan of 1 million dollars

honestly anyone who managed to get above a million USD from this shit and didnt cash out at the end of 2017 is a fucking clown

no bullshit. is there really a formula to it or is it just about having ridiculous amounts of persistence until it happens? or is it just dumb luck?

What coins would you buy during this dip if you had extra $?

>last 24 hours
>-$500,000

Damn, dude.

Me too. It hurts.

Hey man, I was ready to cash out, but the crash came fast. Was only a millionaire for a few weeks.

Persistence, choosing good stuff to buy low and hold, then selling that stuff for new coins at their bottoms.

asshole, you wouldnt have cashed out either

tough shit. what are your predictions for market recovery?

What exponent did you type into blockfolio versus the real invested amount?

>ridiculous amounts of persistence until it happens? or is it just dumb luck?
>or is it just dumb luck?

Both, i put $10k into BTC when it was around $200-300, and got lucky with some alts that I bought and later sold.

I don't know if holding is going to get me rekt even more though. This time feels different.

Nobody that uses T-Mobile has that much money. Nobody.

thanks for the answers bros. Veeky Forums is chill af

Stop making hourly FUN threads larper faggot

BROTHER
>tfw started with 5k so it's all gucci

Als deutscher freund, der 90% verloren hat - schick mir mal ne aufheiterung :D oder shill mir nen coin -.-

It does feel different. It doesn't feel like smug 'silly people selling. Watch me work'
It feels like... 'ah, maybe we're fucked.'

Couple of questions:

Does it hurt much?

Do you view it as real money or only pixels on your screen?

In hindsight today, would you have done anything differently?

What would you love to buy the most with the 600K that is gone now?

How much are you willing to lose before you cash out? What if your portfolio drops another 600K?

Do you use any drugs now?

>Nobody that uses T-Mobile has that much money. Nobody.

Seriously though, what's wrong with it? I used to have a plan with Sprint and got tired of getting raped

Now i pay $40 a month prepaid (using bitrefill) for unlimited data, using a Huawei Mate 9. Never any problem whatsoever.

move everything to USDT now.

theres no telling where the floor is on this. its not worth the risk for you with that much money.

just what id do in ur situation.

At least some of you guys are chill and admitting you understand the market is volatile and not screaming predictions like autists.

Why you didn't sell at $19k? that was obviously the top, it went parabolic

>tfw completely acknowledge this is the intelligent thing to do
>holding 100%

Why am I like this?

How many layers of AAAAAAAAAAAAAAAAAAA are you on right now?

he has been shilling FUN going to $1.00 every hour for the past two weeks ffs

>holding 40 BTC
You must be retarded

Who the fuck is going to buy your USDT when you want back in?

'obviously'
Everything is obvious in hindsight, the amount of people pumping into the market could've caused it to go up another 300% if they hyped it well enough.

Why didn't you cashed out? 1.5 millions in enough to be set for life.
999k is still a lot, if i was you i would cash out.

When your portfolio is $1m+ then BTC is a necessity.

?

move it to usdt, buy back when it finally stabilises, and cash out the btc to fiat?

usdt gains more and more purchasing power as the market declines, and less as the market increases.

brainlets i swear to god

At least for me, the service with Verizon is better and the data caps higher. Unfortunately I'm an idiot and also pay $140 a month for a pixel xl and unlimited everything.

>down $541

Boofuckinghoo- oh.

you're a kirbro, aren't you?

What? When the market resumes normal operation why wouldn't people come back?

Asking the real questions

>Couple of questions:

>Does it hurt much?

No, it doesnt actually. The money grew so quickly of the past few months that it almost never felt real to begin with

>Do you view it as real money or only pixels on your screen?

IMO it was never real money because I did almost nothing with it. I never had anything tangible that I bought with it like a car or a house. The only thing it gave me was a secret feeling of superiority over other people who had less than me.

>In hindsight today, would you have done anything differently?

I don't like to think about that, because there's no point. I wouldn't even say i would have cashed out everything at the end of 2017, because who knows what the next few months will look like.

>What would you love to buy the most with the 600K that is gone now?

a reasonably priced house

>How much are you willing to lose before you cash out? What if your portfolio drops another 600K?

everything. i would be willing to just ride it out to 0 and have a funny story to tell people in the future about how I was once a cryptomillionaire.


>Do you use any drugs now?

alcohol, weed, and adderall are my drugs of choice, occasionally coke and xanax

Lel. But it's still a huge gain.
Good luck mate.

That app looks slightly less shit than that piece of shit blockfolio. What is it?

hi me

welcome to the one comma club poorfag

This is why you lost so much before isn't it? Learn something.

1000 bucks to my name and ive lost 160 in crypto over this drop. And it fuckin sucks such a downer how do you do it op

You haven't lost anything until you sell you'll be a multimillionaire once this crash which happens every January recovers and Bitcoin rises to new heights like it does every time.

I hope you're right, mate.

Don't know what that is, so probably no.

What’s it like being a failure?

What was your initial investment? How much research did you put into coins before investing? Were you a day trader? Did you have any other forms of income?

Eyyy, p8 here, huaweibros unite!!!

i think you are a millionaire again, grats!

kek

>millionaire
>never had the money

Bro honestly you have 0 risk management
And no wonder the market took your money
A person who says that he will ride it to 0 and tell a story , definitely doesnt know how to handle big sums
Anyways good luck

I used to ruuuule the wooorld.

what the hell asshole, you were in striking distance of never work again money. You could put 1.5 mil into fucking Treasuries or municipals and you'd be looking at 4% a year. That's 60k, not the top tax bracket or anything but that is how much many people make doing honest work. And furthermore, it could've been tax free! You'd be making a CLEAN 60k.

Or you could've continued working for a wage, done the same shit and kept reinvesting it. It doesn't matter, the point is 1.5mil is get out money.

Had 1.75 now 1.1 kek fuck me

...

>What was your initial investment?

around $10k into BTC when it was around $200-300 in mid 2015, i remember how everyone was saying BTC was dead around that time and then how crazy everyone was going when it went above $1k again


>How much research did you put into coins before investing?

the team, current price and marketcap were the most important thing to me. I guess none of that matters now though.


>Were you a day trader? Did you have any other forms of income?

I tried daytrading for a while and quit after losing alot and realizing i wasnt suited to it. All of my gains have been made from buying and holding.

>Did you have any other forms of income?

an online business selling health supplements, its fallen by the wayside as I put all my attention and profits into crypto

People seriously laugh at Trump for that but the guy went 4000x with it

>FUN shiller

you deserved it and more

>at christmas party of a family friend
>chatting at the 20-30 table
>family friend's son-in-law is telling the male half of the table about cyrptocurrency
>hear him and my cousin explaining bitcoin to the other guys
>they have IT backgrounds and have done their research
>interject that it's almost pure speculation, and when you want to pull out it's going to be too late
>the son-in-law explains the gains his investment (never explicitly stated, but i'd hazard a guess around $10,000) and how he cashed in with no problem
>see look user is excited! thinking about how much bank he could make!
>no, son-in-law, just the mention of how much you got invested in bitcoin is making my anus tighter than a pressure vaccuum seal
>if you my invested into bitcoins you better recommend me a doctor that will prescribe me more valium every week than he's legally allowed to for a year
>we have an amicable discussion about risk assessment and risk adversity
>end the night with shots of tequila, jim bean ghost and how the moon landing was faked

i hope my friend's son-in-law is going to be fine, he's a good guy

hahahahaha i remember that guy!!
fun times in the TB

this is not how you feel when you get there. Easy to say for you, but somehow when you actually reach your goal cashing out is very hard to do

>Trump
with that much amount of money, status and being part of so many fucking booms, he should have easily outdone Buffet.

he is a fucking failure

no matter if your goal is 50k or 10MM

Were here for you. I used to have 140k, now im at 95k. :(

But this Year i'm starting with ~95k and not with 5k like I did in Mai. Should have known that the XRP/Tron/Raiblocks was a sign. I told myself when I'm hitting 200k I will buy a Escort for a night and fuck her all night (2 min).

Both. Buy it at a reasonable price, doesn't have to be next all time low but still cheap, and hold. With small alt coins you can do a bit more daytrading and make quick profits. Luck plays a little role but you can't go wrong with BTC, ETC and LTC desu. Alts are a bit of a gamble but just listen what the flavour of the month coin on Veeky Forums is (FUN, LINK, etc).
Crypto right now is 100 times less complicated than the stock market but also 100 times more profitable (in the short run).

That's literally all there is, this and pink wojaks is all there is to crypto trading.

I can't believe there are still people on Veeky Forums who haven't seen Satoshi's Vision.

In real estate. It wasn't just that he got money from his dad, he came from a real estate background. Do you know the kind of money you can get leasing commercial real estate? Profit margins are some of the widest out of any industry. Commercial leases often include rates that ensure the landlord takes a cut of the lessee's profits above a certain amount. I've known of cases where people get 60% profit rates on their properties. No wonder the shit inflates into massive bubbles for those that can actually buy in.

>"invested" in 3 million of gambling coin
>complains his gamble didn't payed off

OP for fuck sake you'd better be planning to HODL, this crash is nothing compared to the gains you'll get by the end of the year by just sitting on your stack

>ITT: newbies falling for obvious larper

How do you do, fellow former millionaires?

Why cash out a million in 2017 when you could cash out 10 million in 2018?

Shoulda put it all into tether

No need to be jealous or anything.

>Eyyy, p8 here, huaweibros unite!!!
>fistbump

here in burgerland, all my friends have either an iShit or a samsung

when I say I have a Huawei, they just think its some cheap chinese shit they've never heard of

meanwhile i'm laughing behind their back

Why

>Tether will now close all trading because we don't like that people are bashing us on twitter. We will buy back all Tether with the rest of our reserves (after legal fees etc.) which is 1 cent per Tether, Thanks a lot for those exciting times!

Literally tomorrow with tether.

>last 24h
>down 30%
wow thats like
the entire market right now

>0 OMG
sorry you wont make it

now him but i put all of my omg in ven as well.

Ever watched Shark Tank? Kevin uses it.
He's a fucking billionaire.
lol.

I used to be a millionaire as well

why would you do that?

And you think you lost money sweetie

ja danke
er ist ein GOLEM
hahahah behrenJUDE
nein der fuhrer! die juden ist nicht ein behrenjude, er ist nur ein scheiss AHAahahahaHahaa tut mir leid nigger
kaufen die krypto. krypto ist KRANK gains lmao

OMG is stagnant VEN going to boom Q1, specifically febuarary after rebranding and wallet launch.
Plus i want to node up and make free money.

Delta. It's a significant improvement over Blockfolio. Far more shitcoin exchange support, too.

he's literally retarded

But so is OMG though, it has been charging moon fuel for like 6 months now and is just about to release the wallet SDK, announce partnerships and cash in/out info. And you can stake OMG too

I do like VEN also but not as much

>he's got 1,000,000 dollars
What do you have to show for all your superiority?

Lovely.

Holy fucking shit that 24 hour loss...

Jealous of that Rai bag tho

>Veeky Forums
>10M$
I can't believe it.

show graph

>Tether gone, fuck

You fucking held FUN after the pump? You deserve every loss. I hope you at least were securing profits during the bull run.

>Raiblocks

>You fucking held FUN after the pump? You deserve every loss.

All of use FUN holders were waiting for the ICE event on Feb 8, where FunFair is supposed to have a booth and be one of the speakers

Honestly, I doubt its going to have much of an effect at this point.

>$
fuck off with that shitcoin, burger