I have been patiently waiting for the last 10 months in the darkest corners of the internet for the proverbial "bottom" to arrive. With what seems like an never ending race to the bottom, desperate to make everything back I lost ($50,000) in Dec 2017 - Mar 2017, I sit here idle, waiting for the right moment to pounce. However in the same breath, I am a nervous wreck. Considering that crypto destroyed my life, took all my life savings and made me homeless and mired in debt, I want so badly to take back what is rightfully mine. So much so, that I am willing to invest the entire amount I received from my father who just died.
Most would take this chance to get off the streets and get a solid roof over their heads - not me. Unless I can turn this $30,000 inheritance into something substantial, chances are I will end up loosing it all to the daily costs of surviving and be back on the streets in a year or two. Now, considering that I can buy back my original portfolio - which I am still holding, for under $4000, I am enticed by how much crypto I can accumulate at todays prices.
Nevertheless, this begs the question, is this the bottom, or will crypto continue to sink deeper and deeper until there is not a single ounce of confidence left in the market? For now, my experience of loosing everything is just a joke to everyone around me and is just another blemish on my already tarnished reputation. But for the most part, I can live with being the black-sheep in the eyes of my family and peers, but I cant sit idle by and do nothing to prove them wrong.
I am so hungry for crypto to be my solution, but in another breath, I don't want to seem like a degenerate gambler in the process. I would have been fine loosing 50% of my investment, but to loose over 90 percent is just unreal. From the ICO's that turned out to be scams, to the never-ending bitconnect saga, coupled with the fact that most alt have lost 90 percent of their value, it easy now while taking a macro view of history to see how the cards were stacked against me from day one.
Tomorrow I have a meeting with someone from localbitcoin to buy $30,000 in bitcoin. One part of me is excited for the future and another is sick their stomach based on the proposition of loosing everything my Dad saved in his entire 70 year life for, just to pay off a bunch a greasy Wal street bankers that know everything about the crypto industry before it even happens.
Here is to nothing !!!!!!!!!
