Summary3 min read

Becker Business – "The Bitcoin Loser Story" (November 19, 2025)

Episode Overview

In this candid solo episode, host Scott Becker shares a personal and humor-tinged reflection on his experience investing in Bitcoin. Becker narrates his journey as a self-ascribed “Bitcoin loser,” offering insights on volatility, investor regret, market timing, and the emotional rollercoaster that comes with cryptocurrency investing. The tone is conversational, humble, and infused with self-deprecating wit.

Key Discussion Points and Insights

1. Setting the Bitcoin Context [00:00–00:18]

Current Price Trends: Becker notes that as of recording, Bitcoin is priced around $93,000.
- Recently, it peaked closer to $115,000.
- Over the past month and six months, it's dropped about 12%.
- Social media sentiment has been especially critical during this decline.
Quote:
“Bitcoin again is to about 93,000 today. It was up not that long ago to about 115,000. It's down 12% over the last month. It's down about the same amount over the last six months and lately has been taking on the chin in terms of social media and otherwise.” [00:04]

2. Personal Investment Story: The “Bitcoin Loser” [00:18–01:10]

Initial Investment: Becker invested $100,000 in Bitcoin approximately three years prior.
- This investment quickly depreciated to $25,000–$30,000.
- He chose not to follow the common advice to hold for the long term.
- Sold out, locking in a substantial loss of about $70,000, but made use of a tax loss.
Quote:
“I invested in bitcoin a couple years ago, maybe three years ago, put 100,000 into quickly went down dramatically to about 25 or 30,000 at that point. Of course I didn't heed the age old advice to just keep things in the market for the long run. And I lost about 70,000 on it. Took a tax loss, so God bless that.” [00:20]

3. Emotional Rollercoaster and Market Timing [01:10–01:45]

Watching the Rise: After selling, Becker watched Bitcoin soar from $30,000 up to $120,000.
- This turnaround left him feeling “foolish” and “awfully dumb,” underscoring the challenges of timing the market.
Finding Solace in Losses: Becker confesses to feeling a degree of satisfaction as Bitcoin recently dropped 12–13%, despite admitting this reaction is “childish” and “immature.”

Quotes:
“Then of course, once I did that, I saw bitcoin skyrocket, which made me feel awfully foolish and awfully dumb.” [01:15]
“I do have to tell you, and I know this is childish, it's immature, it's a bad attitude. I have taken some pleasure in seeing it drop 12 to 13% this last month.” [01:30]

4. Lighthearted Resignation [01:45–end]

Rebounds and Irony: Becker notes that just as he expected a continued drop, Bitcoin rose again that very day.
Wrap-up with Humor: He closes with his “Bitcoin loser story” tagline and an amused, self-effacing tone.

Quote:
“Again, that's the, the, the, the, the bitcoin loser story. That's my story. I'm sticking to it.” [01:52]

Notable Quotes & Memorable Moments

On Market Regret
“Once I did that, I saw bitcoin skyrocket, which made me feel awfully foolish and awfully dumb.” — Scott Becker [01:15]
On Emotional Responses to Volatility
“I do have to tell you, and I know this is childish... I have taken some pleasure in seeing it drop 12 to 13% this last month.” — Scott Becker [01:30]
Signature Sign-off
“That's the, the, the, the, the bitcoin loser story. That's my story. I'm sticking to it.” — Scott Becker [01:52]

Timestamps for Important Segments

00:00–00:18: Bitcoin market overview and social media sentiment
00:18–01:10: Becker’s personal investment, loss, and tax implications
01:10–01:45: Watching Bitcoin rebound and coping with regret
01:45–end: Emotional reactions, the irony of market timing, podcast wrap

Tone and Language

Scott Becker maintains a candid, self-deprecating, and conversational tone throughout. The narrative is straightforward, humorous, and relatable, particularly for listeners who have endured similar market misfortunes. While covering technical specifics, Becker intentionally centers the story on human emotion and the unpredictable nature of investing.

Summary

This episode is a brief, highly personal account of Becker’s Bitcoin investing experience—a modern parable of regret, humility, and the perils of market timing. Seasoned with humor and honesty, it offers both a cautionary tale and a moment of camaraderie for anyone who’s lost (or lost and then missed out) in the crypto market.

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Transcript1 lines

[00:01]
A
This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is about Bitcoin, a perilous journey. So here's the deal with bitcoin. Bitcoin again is to about 93,000 today. It was up not that long ago to about 115,000. It's down 12% over the last month. It's down about the same amount over the last six months and lately has been taking on the chin in terms of social media and otherwise. Now, watching Bitcoin drop 12% in some ways makes me happy because I am what you would call, for lack of a better term, a bitcoin loser. And again, that sounds so harsh, I know, but I invested in bitcoin a couple years ago, maybe three years ago, put 100,000 into quickly went down dramatically to about 25 or 30,000 at that point. Of course I didn't heed the age old advice to just keep things in the market for the long run. And I lost about 70,000 on it. Took a tax loss, so God bless that. Then of course, once I did that, I saw bitcoin skyrocket, which made me feel awfully foolish and awfully dumb. So as I watch go after I sold it from 30,000, about 120,000, I do have to tell you, and I know this is childish, it's immature, it's a bad attitude. I have taken some pleasure in seeing it drop 12 to 13% this last month. Alas, of course it's up again today after I thought it was going to be down. But it is what it is. Again, that's the, the, the, the, the bitcoin loser story. That's my story. I'm sticking to it. Thank you for listening to the Becker Private Equity the Becker Business podcast.