Saturday, November 28, 2020

My twin brother invested in Bitcoin, while I invested in Silver. His net worth is now more than 100x mine.

Posting on a throwaway account, for obvious reasons.

In 2013, my uncle passed away from pancreatic cancer. In his will, he left my twin brother and I $100,000 each.

My brother and I were talking about our different investments at the time, and how we were going to invest our new money. For the last decade or so, I’ve been a silver bug, and I argued that silver was, IMO, the best alternative investment to stocks and bonds. He had just learned about Bitcoin and was adamant that the return could be exponential. I had vehemently argued against Bitcoin, saying that it was pure speculation and would be a total waste of money.

Well, he ended up investing about 50k into Bitcoin around then (when Bitcoin was ~$100 each), for over 500 coins. I, on the other, invested most of it into stocks, and about 30k into silver.

My brother has never sold any of his Bitcoins. He’s never even traded them for other crypto currencies. His job pays him very well very, so he’s never really had liquidity issues. He has still 500+ coins.

My 30k investment into silver in 2013 is now worth about 26k, and my entire net worth is below 100k. My brother’s 50k Bitcoin investment, however (which was made within months of the same time as my silver investment), is now worth over $10 million. His wealth in Bitcoin alone is more than 100 times greater than my entire net worth.

He’s going to retire soon. He will be selling his house, and live and an investor. He plans to travel a lot with the wife and kids, and it seems like his life is set.

Now, he did give me one Bitcoin. And I will not sell it. As happy as I am for him, though, it really hurts to hear about his fortune and bright future, and not be jealous. I’ve stopped attending family events (him too), because I can’t get over the overwhelming thought of “hey, you should’ve done what your brother did”, at every waking moment. It’s extremely depressing. I try to be thankful for what I do have, and I try to be thankful since I know that many other people in the world have it way worse. But I don’t know if I’ll ever get over it. Whenever I’m working, I try to distract myself from the thought that “if you made the same investment, you wouldn’t have to work anymore,” but the thought always keeps coming back.

Any advice?


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