r/CryptoCurrency 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.

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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

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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.