Hacker Read

icedchai · 2020-03-19 17:23:42

Smart guy. I'd be about 30% richer today if I did the same.

tslmy | karma 353 | avg karma 2.4 · | 2023-08-12 20:21:39

I wish! I would have made a fortune.

amnigos | karma 723 | avg karma 8.41 · | 2011-03-24 15:10:46+00:00

If I took all these money would have beaten Bill Gates by now.

gknoy | karma 3726 | avg karma 2.22 · | 2014-02-04 00:01:11

Reading things like this make me wish that 15-years-ago-me had thought about that, and been making that kind of money.

Yetanfou | karma 2927 | avg karma 2.09 · | 2019-02-27 08:26:59+00:00

Even better, it would have been possible to avoid that spill with that money and you'd probably have enough left over for a healthy profit afterwards.

Tichy | karma 16300 | avg karma 1.62 · | 2011-09-20 12:06:19+00:00

And I could have been a millionaire.

marketgod | karma 16 | avg karma 0.05 · | 2018-06-08 18:38:42+00:00

I did the same but it's not too late. I can turn a $40K account into $100k easily.

NotYourLawyer | karma 2967 | avg karma 2.68 · | 2022-12-13 11:36:57

And you probably would have cashed out at a 10x multiple or whatever, so it’s not like you’d be a zillionaire today anyway.

mavdi | karma 1344 | avg karma 3.05 · | 2017-11-28 13:21:53+00:00

Invest what you can afford to lose. That's what I did, and I'm glad I did it.

btkramer9 | karma 185 | avg karma 1.73 · | 2021-04-08 23:42:21+00:00

I almost did this exact thing. I guess I do regret it but there's no way I would have ever held on to any of it after it hit $1000/ea. Maybe less. It's a lot easier knowing I passed up on a couple hundred thousand dollars and not tens of millions of dollars

wikfwikf | karma 546 | avg karma 2.6 · | 2022-09-14 04:54:11

You would have been much luckier if your worldview had allowed you to sell at $60k and buy back at $20k.

theLiminator | karma | avg karma · | 2023-06-17 03:00:18

You'd still make a ridiculous amount of money before that happened.

kcb | karma 2163 | avg karma 2.86 · | 2021-08-23 12:27:36

Wow you are smart and good at money. Good Job!

twostoned | karma 215 | avg karma 5.38 · | 2018-05-07 13:18:59+00:00

It was me. I made a fortune.

weaksauce | karma 5956 | avg karma 2.07 · | 2009-10-04 18:59:07+00:00

I can't agree more. That kind of sell is a life changing amount of money for most people. I would have sold and moved onto the next venture.

eip | karma 218 | avg karma 0.33 · | 2016-12-15 16:23:56+00:00

I would have yolo'd it all on SPY calls. My December 30th calls are up like 300% right now. Could have cleared $4M and paid back the loan in full.

mdoms | karma 4657 | avg karma 2.45 · | 2021-08-16 16:05:44

Hmmmm could have saved yourself a cool $58 million if what you're saying is true.

noodle | karma 6768 | avg karma 2.55 · | 2009-08-10 00:44:28

i did, actually, and i'm about +15% on the year so far. and about the same for the year before. i made some smart (read: lucky) decisions.

Lapsa | karma 239 | avg karma 0.49 · | 2023-03-14 02:41:55

+50% capital gains on a single day. unlikely I will beat that record anytime soon

randomopining | karma 367 | avg karma 0.4 · | 2021-08-31 15:42:07

100% the only way this would've paid out is if you stored them and truly forgot them.

If I did this back then, I would've sold in 2012/2013 for like $10 and made a couple hundred/thousand in college and thought I was rich.

Then now I'd prob be neurotically depressed thinking about how I could've had hundreds of mil lol.

It's a blessing dude.

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