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Emergency-Cry-5569 t1_irmi6zr wrote

Reply to comment by Mr_Hu-Man in Thoughts on Ray Kurzweil's LEV prediction? by TheHamsterSandwich

I know, I experienced it in crypto and lost a couple of 100k bucks.

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Mr_Hu-Man t1_irmjbn9 wrote

A couple of 100K? Mind if I ask what you do for a living?

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Emergency-Cry-5569 t1_irmjwwy wrote

Software engineer. who got lucky buying ether in 2016 when it came out. Got insomnia due to stress times in crypto. Again, now having mentioned that, funny thing is how we've been trying to find a cure for sleep for a long time and you guys are announcing LEV in 10 years, you gotta be kidding me right...

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Mr_Hu-Man t1_irmlqsm wrote

Haha I’m not announcing anything! I’m purely hopeful that LEV comes quick enough for me, just like everyone!

Congrats on timing ETH like that. Big enough fortune from it to deal with 100k+ in losses or was it up and down by the same amount of 100k+?

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Emergency-Cry-5569 t1_irmm3q4 wrote

I mean I earned quite a lot of money in the end, but when you loose ca 300k USD in 2-3 days (May 2021) you do not feel really well in your head, your ego plunges to the very absolute bottoms. A friend of mine earns that amount in a year (Oncologist) so he kind of said that it's not that big and you can quickly re-earn that but still...

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Mr_Hu-Man t1_irmmbu6 wrote

Yeah I can imagine it has a massive psychological impact. And the turn around in 2021 after the hype was pretty sudden iirc.

You still in the crypto space or did you take you stacks and run?

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Emergency-Cry-5569 t1_irmn96j wrote

I ran away. My mental health cannot deal with that anymore. I mean I have to keep myself alive and you cannot really be in IT and do trading unless you are a fucking psychopath resilient to every loss out there.

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eve_of_distraction t1_irndx1k wrote

I've made and lost millions over the years in crypto. Markets are brutal, trading is a lifetime career that must really be focused on with one hundred percent focus, which I now do.

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