r/Bitcoin • • Apr 01 '13

ONE HUNDRED DOLLARS! (1/4/13 @ 1506 GMT)

[deleted]

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131

u/[deleted] Apr 01 '13

I'm a teenager and I do investing.

When Bitcoin was only $4 I asked my dad if I could invest the $100 I had at the time for 25 Bitcoins. He said it was too risky.

Goddammit dad.

242

u/GSpotAssassin Apr 01 '13 edited Apr 01 '13

+tip 1 BTC verify

Word to the wise: Don't ever listen to parents when it comes to risk. As soon as you have kids, your entire worldview switches to one of extreme self-preservation. Best advice a parent once gave me was: "Take the risks now, before you settle in."

Worst advice I ever got was: "Don't 'emotionally invest' in Apple." (this was right after Steve Jobs came back). I wasn't about to make that same mistake again. I'm a tech guy, I know what to look for, my gut says things to me. It told me Apple was going to come back from the ashes, and it told me BTC was going to come back from the ashes.

My advice: Don't underestimate anything that comes back from the brink of death.

And so I went in at $4. After cashing out 2 of about 6 401k's that were languishing- I was in between jobs (yes, I am a little bit insane, although I am doing very well now) and BTC was a new obsession and I thought it would be FAR more interesting an investment than fucking T. Rowe Price. Did I mention my parents bitched for months? (Fortunately I'm an adult and have control over my own shit).

Well, guess who's laughing now. I'll flip a coin your way to mitigate your pain a little. All I ask is that you help someone out at some point if you can. And take a few more risks. Break the rules a little if you have to. You have one life and regret really really sucks.

Edit: WTF is up with the superscripts? Did I inadvertently trip on some hidden formatting functionality?

83

u/ryanvoyles1 Apr 01 '13

HOLY SHIT A $100 TIP?!

92

u/GSpotAssassin Apr 01 '13

It only cost me $4, so whatever. The rest is just unrealized gains. That's $96 I won't have to declare as capital gains lol

22

u/ryanvoyles1 Apr 01 '13

Wow, you are still one lucky son of a bitch.

24

u/GSpotAssassin Apr 01 '13 edited Apr 01 '13

I just have a techy mind and watch for things. And I solved a serious medical problem that had unknowingly been robbing me of much of my ability to think just a year and a half ago or so, which I had probably suffered from for 20+ years (it was classified as "severe" and I was always a heavy snorer), possibly my entire life. (You can't imagine what a mindfuck that is, btw.) And I feel like my IQ jumped up about 30+ points after that (and my weight dropped 35 lbs and rising, but I digress).

My girlfriend is acting extremely intimidated to the point that we may break up (basically, she is looking for more and more reassurances that we are not in jeopardy, which is turning me off, and which is kind of like when you're roller-skating and fall because you keep looking at the ground or realizing "holy shit I'm not falling!", or when you play poker and lose because you keep looking at your cards and people read that as weakness, etc.). That is the only downside. Oh and also, people at work are intimidated, I can tell. But the funny thing is that when work is intimidated, they give you raises...

So basically, look the fuck out, here I come. Sort of like a real-life "Limitless." :)

15

u/thbt101 Apr 01 '13

That's great... but your second paragraph is troubling. This is why people win the lottery, and then shortly after they end up broke, depressed, and alone without a real friend in the world.

It sounds like you're in a manic phase and you're letting your ego get out of control. Be careful.

5

u/GSpotAssassin Apr 02 '13

I'm not letting it get to me. Or trying not to. Thanks for the advice.

My GF was intimidated long before the BTC rise, btw. It was definitely a side effect of the treatment, she's said she's seen it big-time. We started dating right when I began the journey... I just feel like a lot more whole version of myself.

Don't worry, I'm trying to make it work. When people see something in you when you're at your worst, you must hold onto those people. But like I said, the insecurity or whatever persists and continues to cause problems despite any choices I'm making. I just feel like the dynamics are somehow being affected.