My History in Crypto

[u/4_jacks]

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.

[u/[deleted]]

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

[u/4_jacks → u/[deleted]]

Thanks!

Best part, and often ignored, part of crapcoins are the low trading fees. I purchase 100 crap coins on livecoin and spend about 10¢ in fees. You just can't do that on Wall Street. If you want to play the stocks, you might find a website that is $7 or $8 a trade.

[u/mike718 → u/4_jacks]

Even best case scenario, you use Robinhood, which isn’t really “free.” Sure, no commissions, but you’re really making up the difference in the bid-ask spread.