• lgmjon64@lemmy.world
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    24 days ago

    I sold about $200 in Bitcoin I mined back in the early days, like 2009 and 10. Missed out on over $80 million.

  • andrewta@lemmy.world
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    24 days ago

    Had the ability to buy in on Google right after they went public - passed on it

    Had the ability to buy in on Apple in the mid 1990s -passed

    Had the ability to buy bitcoin at $5 a coin, could have put in $5k at the time -passed

    Had the ability to buy in on Amazon shortly after they went public -passed

    Ebay -passed

    Starting to see a trend?

  • Sanctus@lemmy.world
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    24 days ago

    My great uncle was a nice dude fucked up from war. It made he introverted and he turned to trucking and the road to make ends meet. It was basically all he ended up doing. He never married or had kids, and stacked up all this cash. Before he died, he had put 1 million in cash in a suitcase, put it in the trunk of a car, and gave it to my grandparents. They couldn’t get the trunk open, didn’t investigate, sold the car.

  • JackbyDev@programming.dev
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    23 days ago

    I mined one Bitcoin back in college with my home computer. Now, I did sell it for a lot of money and I’m not complaining, don’t misunderstand, but hoo boy. If I mined more? Goodness.

    It took like a week or more to get. I was living in a bonus room with basically no air conditioning at the time, just an okay at best window unit. This was during the summer. My room got miserable lmao. And I couldn’t use my computer for anything, especially not gaming. So when I finally got my payout and went to see how much it was worth it felt stupid to keep going. It was worth like 10 bucks at the time. Pretty much nowhere took them either. I think one of the few things you could buy was alpaca wool socks or something.

    As an aside, I think the only thing I ever directly bought with them was a Windows 10 key from r/MicrosoftSoftwareSwap that stopped working. I believe because the user sold it again to someone else. I think I got that for $20 which was a better bargain but long term that would’ve been like $200 at least because of how much more Bitcoin is worth. The insane volatility of it is stressful and I’m happy to not have any crypto “investments” today.

  • FlashMobOfOne@lemmy.world
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    24 days ago

    Didn’t get “rich” per se, but I got in on dogecoin when it was at a penny, missed the peak, and ended up selling in the 30 cent range. I also picked up a ton of oil stocks in March 2020 when it bottomed out that I later sold for more than 15x their original value.

    The irony is that I invested in dogecoin because Robbing Hood locked down investments into Gamestop. I didn’t realize that would be such a lucky development at the time.

    Those investments paid off my student loans and got me a down payment on a condo. I still have five-figures in my investment account that I’m growing into early retirement. My current focus is gambling stocks, in large part because every election year it seems like there’s a smattering of states legalizing online sports betting. (MO and NE have it on the ballot for this year.)

    Not fuck you money or ‘rich’, but life-changing.

  • Buglefingers@lemmy.world
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    24 days ago

    One parent had a growing business when I was super young, they brought home well into the 6 figures. However two things happened 1: the internet started getting bigger so that started to hurt their business and 2: the 2008 housing crash happened and for a business that worked with banks on mortgages (I was too young to fully understand what the business did) it was fatal. Then we were dirt poor! The family never really recovered but after many years we did manage to get on our feet, then a parent died and shit went down hill again lmao.

    I could’ve grown up a rich kid, instead I grew up with a family oats pot for meals. Though I’m probably a healthier grounded human for it.

    • FlashMobOfOne@lemmy.world
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      24 days ago

      2: the 2008 housing crash happened

      My dad’s 50 year-old roofing business never fully recovered either, which is partly why I hate our government and how it works for the wealthy.

      He now drives for DoorDash, at age 80, using my car. The alternative is starvation.

      • Buglefingers@lemmy.world
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        24 days ago

        Well, isn’t it exciting? We may just witness a second crash! /S

        But for real, it’s getting really bad again, it doesn’t seem sustainable and I honestly expected something to crack by now, but it hasn’t. The longer it gets delayed the worse it’s gonna be

    • Bocky@lemmy.world
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      24 days ago

      There has to be more to the story than that. Your parents probably didn’t disclose to you the other hardships they faced, whether they were self induced or not

      • Buglefingers@lemmy.world
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        24 days ago

        Oh there definitely was as far as why the business went down, I just clipped it. But it caused one side of my family to be permanently removed from our lives as well. Though the increased stressors of the crash also aided in that whole deal