if you guys are so smart, then why didn't you invest in bitcoin?

I bought btc at $20 in 2011 right before the first major mtgox hack

It crashed thereafter to pennies and I could have bought up even more but I didn't

I sold quite a bit after the first massive spike in 2013 walked away with $20k

I still have some left and regret all of my decisions thus far but I try not to think about it too much

>>9089824
You can still invest in it, bit by bit, whenever there's a drop that you're confident it will recover from.

Because bitcoin is bullshit that will never take off. Can't wait till it crashes and never comes back up.

>>9089905
It's already taking off,passed $3k a few days ago

>>9089824
It is possible to make money on bubbles but it is a bit risky. I usually invest in better things

Because I dont invest.

because I invest in NEO

>>9089824

OP if you are so smart why didn't you invent bitcoin?

>>9089838
>make some good plays
>torture yourself with hindsights of perfect plays

>>9089824

Because I don't care about money

I have more than I'll ever spend

I did, but unfortunately I only did it about 6 months ago so I have exactly 0.03BTC. Putting my hopes in ETH and XRP instead, hoping they'll go to the moon, but not holding my breath. So far my portfolio has increased by 200%, going to leave it for a few years and see what happens, only put in a few hundred pounds to begin with so I don't really care what happens.

>>9089824
Because It's a scam.

>>9089824
I first read about it in tor in 2009, thousands of BTC flowing through HackBB for CC information and such. It was like $0.13 back then, figured it would never leave the black market. Perhaps my biggest regret in life wasn't investing in BTC back then, but I don't think there was any reasonable way to predict its spike in value and acceptance as general currency in some businesses.

>>9089824
because i was stupid and never did my homework when it would have been profitable to do so. God i wish i had seen ghost in the shell as a kid, i would have gone into computer science no question and probably be all over bitcoin now. Oh well

>>9089824
got some about 4 years ago, sold more than 4 times my original investment and still have about that much left. Now im plying with some altcoins a bit, daytrading and such to see if that works, made 20% in 10 days, then lost 5% of that over the next 10. still showing a profit so far though..

I rmemeber the first time it spiked to about fifteen bucks

if i'd had a couple grand sitting around i would have bought some bitcoin but i was living paycheck to paycheck

>>9090008
That doesn't mean the bubble won't burst in the future.

"if you're so smart, why ain't you rich?"

>>9091293
Help me pay for college, my man.

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1001KB, 640x480px

>>9091256
It never ends

>>9089905
I can't believe people are still saying this in 2017

https://99bitcoins.com/bitcoinobituaries/

>>9093366
Wellllllllllllllllllllllll..........................????????

>>9089838
>the first major mtgox hack

I felt super smug after that. I was one of the "bitcoin more like buttcoin amirite haw haw haw" crowd. Not sure why I was so contrarian about it. I think I just wanted to see the /g/ assholes fall flat on their faces, and that clouded my vision.

In any case I still haven't invested in crypto. If I'd gotten in when it was pennies, and held it throughout, which I wouldn't have most likely, I would be sitting on 10 million bucks right now.

>>9089824
I did.
Bought before the halving.
Coin is worth about 6x as much now.
Not sure if I'll wait for it to double another couple times then buy a nice house, or keep it until I'm 60 and use it to retire.

>>9094809
>I felt super smug after that. I was one of the "bitcoin more like buttcoin amirite haw haw haw" crowd. Not sure why I was so contrarian about it. I think I just wanted to see the /g/ assholes fall flat on their faces, and that clouded my vision.
Same. I was *that* close to just dumping another two thousand bucks when they crashed from ~$22btc to literal pennies over night (only to stay at pennies for like...i think at least three months). But I figured at the time the whole thing went to shit and was never coming back ever ever and that I'd just chalk the money I initially invested at $20 as a loss.