How I lost $160,000 By Not Buying Into Bitcoin in 2012

in #business7 years ago (edited)

My last two posts have been about how I've become successful in my career and sharing that information with you all so you could do the same. 

I am going to continue this series as much as I can. 

About 5-6 years a go I was listening to a conservative radio show when Max Keiser was screaming (I was 25 at the time):

BUY BITCOIN NOW!!! YOU WILL GET RICH IF YOU DO

I, like most people didn't understand crypto currencies back then. However, I did try to open a wallet and buy $200 worth. That would have given me about 40 Bitcoins. I am thinking Canadian dollars so that's about $160K if I actually with through with my purchase. 

That's my Coinbase account.

Why didn't I go through with it? Because I was young, didn't fully understand crypto currencies, and didn't have an investment mindset at the time. 

I will not make the same mistake with Steemit. I am doing well enough to put a few $100 here and there with Steemit and Bitcoin. 

Tell me your stories. Any shoulda, woulda, coulda stories? I am not saying let's think of what could have been. I am just trying to learn from our mistakes collectively. 

Sort:  

You didn't technically lose any money. You just messed up hardcore.

Thank you for correcting me. Yes, I messed up ROYALLY!

Create http://steemit.chat account, so I can interact with u :) I want to tell something important

Share with our friends here.

I can't tell u here

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