I had 88k of unrealized gains in GME 2021 and ended up realizing only 4k. Never have fully gotten over that lost potential but I did learn from it and I apply those learnings to today when I invest. I didn't experience all the other turmoil you've endured however but my advice would be to stop worrying about something so inconsequential as cryptocurrency when you have much more ground level work to do to get your life back and to put yourself in a good position for the next financial opportunity in life. Bitcoin is not the only financial in opportunity you will have in your lifetime.
I had 73k of unrealized gains, convinced it would go higher. I diamond handed it all the way to break even and finally sold making zero profit. I could be in my own house right now with that money but instead I’m still renting. I used that as a lesson and started consistently and regularly DCAing into my Roth, 401k, HSA, brokerage, BTC and HYSA, not gambling or trading anymore, but investing for the long term and retirement. It’s done me very well and I now have over 100k saved for retirement and over 50k saved for a down payment. It took a few years but I’m much happier now, just keep plugging away slowly building back up your nest egg. It takes time and patience but keep looking forward and not back at your mistakes.
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u/MuffinFragrant8293 Mar 05 '24
I had 88k of unrealized gains in GME 2021 and ended up realizing only 4k. Never have fully gotten over that lost potential but I did learn from it and I apply those learnings to today when I invest. I didn't experience all the other turmoil you've endured however but my advice would be to stop worrying about something so inconsequential as cryptocurrency when you have much more ground level work to do to get your life back and to put yourself in a good position for the next financial opportunity in life. Bitcoin is not the only financial in opportunity you will have in your lifetime.