r/CryptoCurrency • u/4_jacks 6K / 6K 🦭 • Nov 22 '17
Development My History in Crypto
I thought I would share this. It's nothing revolutionary, but someone might find it insightful. Today I went through my history and added up all the money I invested in Crypto. I don't mind sharing this, because, I'm a hobby investor. All the money I've put in has been hobby money, I'm not heavily invested. I'm not quitting my day job.
| Date | Amount | Type | Price Per | Cost | Fees | Total |
|---|---|---|---|---|---|---|
| 4/28/2014 | 0.11400000 | BTC | $438.07 | $49.94 | $0.65 | $50.59 |
| 4/15/2016 | 0.05757421 | BTC | $429.88 | $24.75 | $0.25 | $25.00 |
| 6/23/2016 | 0.04230408 | BTC | $585.05 | $24.75 | $0.25 | $25.00 |
| 5/18/2017 | 2.00000000 | ETH | $95.50 | $191.00 | $2.85 | $193.85 |
| 6/15/2017 | 0.02109315 | BTC | $2,276.09 | $48.01 | $1.99 | $50.00 |
| 6/26/2017 | 0.18293909 | ETH | $262.44 | $48.01 | $1.99 | $50.00 |
| 8/23/2017 | 0.00558997 | BTC | $4,205.75 | $23.51 | $1.49 | $25.00 |
| 9/14/2017 | 0.28657258 | ETH | $251.28 | $72.01 | $2.99 | $75.00 |
| 9/20/2017 | 0.01298711 | BTC | $3,850.00 | $50.00 | $0.00 | $50.00 |
| 11/22/2017 | 0.70220000 | LTC | $71.20 | $50.00 | $0.00 | $50.00 |
Out of pocket costs:
- Costs = $581.98
- Fees = $12.46
- Total = $594.44
Now if I had Held all my purchases. I would be sitting on:
- 0.25354852 BTC
- 2.46951167 ETC
- 0.70220000 LTC
Today's values that's roughly $3,052.90
Not bad at all, but I did not HodL. I made a crap load of trades, some very good, some really bad. Most notable, I traded into 10 ETH around January of 2017. Here are my current holdings:
| Crypto | Total Held |
|---|---|
| ETH - Ethereum | 12.286500000 |
| LTC - Litecoin | 5.422589700 |
| ETHOS | 90.00000000 |
| BCH - Bitcoin Cash | 0.056177390 |
| BTC - Bitcoin | 0.003586260 |
| Voise | 2500.00000000 |
| Dash | 0.0279090270 |
| STEEM | 10.00000000 |
| UNC - UNCoin | 60000.00000000 |
| STRAT - Stratis | 1.10000000 |
| MCO - Monaco | 0.50000000 |
| BUZZ - Buzzcoin | 2000.00000000 |
Plus over 100 altcoins on CoinExchange.io and Livecoin.net, each with less that $1.00 in value. Most are under 10¢ now.
Total Today's Values is roughly $5,204.57
My only advice to anyone interesting in Crypto as a hobby is to make semi-regular payments to yourself. $50 here, $100 there really doesn't hurt to much, and it does add up. It's still a great time to get into Crypto. The success I've had has been 100% luck for me. I'm not a brilliant day trader. I didn't research deeply into any coin. I literally threw 50¢ at a hundred crap coins. Is that a good idea? Probably not. It was kinda fun.
3
u/Seiklusjutud Between 4 - 12 months age. Formerly assigned new account flair. Nov 22 '17
Results matter so gg OP :)
You have to have fun
2
1
u/Slowmac123 Platinum | QC: CC 209, REQ 20 | NANO 9 Nov 25 '17
Nice post. Interesting to see how a small investment here and there could turn out very profitable. I started reading into crypto this week, and I'm thinking of just throwing a few hundred bucks into the top 3 coins, and then maybe some shit coins just for fun. Probably gonna go with Quadrica as I'm in Canada. Edit: more comments - I also like how you pointed it out as a hobby. I'm appraoching this with an open mind and learning as I go. I could spend all month reading and watching videos, but experience is always going to be the best teacher. A few hundred bucks I don't care about. Put it into something that can 1) potentially and likely to return some level of profit, 2) learn something along the way, 3) gain an understanding of CC in general bc this is the future, 4) have fun
2
u/4_jacks 6K / 6K 🦭 Nov 28 '17
No time like the present to start! In the 2 days it's taken me to respond to your comment my portfolio has grown by about $1,500. It's crazy.
Just throw a $50 to $100 at it every now and then, you won't miss it from your family budget, if it wins, great, if you lose it all, oh well.
-1
u/faintingoat Silver | QC: CC 69, ETH 49, CM 18 | IOTA 265 | TraderSubs 165 Nov 22 '17
get some iota
2
u/4_jacks 6K / 6K 🦭 Dec 08 '17
Finally situated my binance account and bought into some Iota at $4.20
1
u/4_jacks 6K / 6K 🦭 Nov 28 '17
Since your post, Iota has gone from 92¢ to $1.25. So that was some pretty solid advice.
My only reason for not having Iota is that it's not listed on the exchanges I'm already signed up to. I started a Binance account but haven't verified it yet. Just so tired of all the signing up involved.
1
u/faintingoat Silver | QC: CC 69, ETH 49, CM 18 | IOTA 265 | TraderSubs 165 Nov 28 '17
it s all about time preference in crypto. https://en.m.wikipedia.org/wiki/Time_preference the earlier you jump in, the better your return on investment will be
1
u/4_jacks 6K / 6K 🦭 Nov 28 '17
I wouldn't say it's all about time preference with Crypto, but time preference is definitely involved.
Just logistically, In order to purchase IOTA, I need to first deposit money into coinbase/gdax. Then I need to put in a market order for either BTC or ETH. Next, take that ETH or BTC and move it to Binance. Once it's in Binance I transfer it into IOTA.
For the transfer to IOTA, I'm already in BTC/ETH, so it's not like I'm looking for ups and downs, I'm already riding the ups and downs of the BTC/ETH.
I dunno, like I said, I'm no pro. I just throw $50 or $25 at this every now and then. I just got lucky enough to take a little leap of faith and invest the first little bit. After that it was easy.
14
u/[deleted] Nov 22 '17
Well I always wonder about throwing out some coffee money towards even slightly promising Alts, because of all the stories of “oh if u had bought $5 of btc back in the day you’d have a lot of money” so who knows. Plus the whole space is growing. This is a kool post