Old hands, what is your current engagement level?

[thecodebear]

gentlemanland your assumption that everyone who saw and started dabbling in crypto 3 years ago is now rich is really fucking flawed. But, if you are reading this and haven't jumped in it's not too late.

What? What the hell have they been up to?

I assume more than a few who started dabbling 3-4 years ago gave up in despair during the great trough. And people who got in after them are actually considerably further ahead in terms of buy in.

The current golden children would be anyone who loaded up in 2015 - 50c ETH, 25c XMR, $250 BTC. They cut out all the shit and went direct to an endless orgasm.

yes exactly haha. i started buying during the late-2013 bubble until summer of 2014. day traded away most of my bitcoins, finally sold the few i had left at bitcoins lowest point in 2015. Basically I did everything wrong haha.

Didn't think about bitcoin much from then until this year, started buying again the past few months, starting from zero , and I've already well over doubled my investment this year. very happy! I'm not old hands, but I plan on continuing to buy some monthly until the end of next year.

Stop trading and just buy and hold and you may have another chance. Continue with this mindset and you will again be telling this story at $50k/btc.

Well yeah that's what I do now. Just buy and hold and buy more and I'll continue buying at least through the end of 2018. I learned my lesson back in 2013/2014 that I'm an awful trader haha. If I had just held my coins from back then they'd be worth over $60k now. I did do a few trades this year with a small amount of bitcoin and did well on those trades but I was only trading with like 2% of my total. Everything I buy now I'm holding for when it gets up around $100k.

[CYPER]

Mined my first BTC end of 2011 -I think around 200 maybe.
Then invested in KNC and got a good return on that. Sold the Jupiters for more money I originally paid after mining heavily with them. Remember cancelling 3 Neptune orders and getting 66BTC as a refund. These were good times.

Currently trying to be a trader, but with not much success.
Mostly hodl.

[GoWest]

Been around since the June 2011 bubble. Heavily invested in October 2011 at the $2.65 mark. Lost almost all of my coins to various scams / GLBSE shitty investments (think ICOs 1.0) during the 2012 doldrums, and poor trading. Sold almost all of the remainder of my coins in 2015 near the end of the dip from the 2013 highs.

I am now successfully trading (finally!) on multiple exchanges and continue to have significant interest in the goings on in crypto.

For shits and giggles, I still have a link to the largest transaction I ever sent (in Bitcoin terms). I think it was about $30k USD at that time.

https://blockchain.info/tx/dbe60d7e1db7df25808d04f3ee62fe7ea8a1d47b61fe68c50f17617e9eba0f7a

Good luck to everyone!

[GoWest]

I was just going through my post history and saw this gem:

https://bitcointalk.org/index.php?topic=43507.msg520108#msg520108

I will not follow through on that promise, sorry! 

[DustyRah]

At 100s of coins if not 1000s of coins would be old hands. They saw reason with difficulty level and investment into the whole deal.

Anyone not dumping all they got into coins right now will regret it like nothing else in their life.

[gentlemand]

At 100s of coins if not 1000s of coins would be old hands. They saw reason with difficulty level and investment into the whole deal.

Anyone not dumping all they got into coins right now will regret it like nothing else in their life.

It's nothing to do with the quantity of coins, and the older the hand you are the more likely you are to have been scammed, wiped out, gone insane or sold too early.

It's anyone who's been around long enough observing the multiple changes in attitudes and conditions.

[dakiller]

Holder since 2011  

When I first bought in, I was a poor uni student and I put in pretty much all my savings I had at the time.

Sat through the slums from $32 down to $2 thinking I had lost it all.

Worked out that trading is not my forte, dropping down to 30% of my initial buy in from then.

I’m now in pretty well paying job, have a wife, kid and a mortgage on an ok house in a decent regional town.   My bitcoin holding have no bearing on how I live my life. We save what we can and pay off the house as much as possible with our normal pay cheques like normal slaves, doing the normal smart middle class money things. If my bitcoins dissapearded, while being a heartbreak, it would have no bearing on how I live my life currently. I could turn around today and pay off our mortgage and still have have enough for a Porsche as well with my bitcoins, but that is not my end goals.

I’m up nearly 100x on a $2.8k buy in back then, but I’ve never put in anything since my first buys.

My plan is to sell 80% when I think this cycle is done and maybe buy some back for BTC gains on the bounce, or walk away and build myself a family house. The goal is to be a 30something family man living in a million dollar house on a sizeable piece of land completely mortgage free.

10BTC is my final holding amount to leave to retirement for when they are >100k each.

[thecodebear]

Holder since 2011  

When I first bought in, I was a poor uni student and I put in pretty much all my savings I had at the time.

Sat through the slums from $32 down to $2 thinking I had lost it all.

Worked out that trading is not my forte, dropping down to 30% of my initial buy in from then.

I’m now in pretty well paying job, have a wife, kid and a mortgage on an ok house in a decent regional town.   My bitcoin holding have no bearing on how I live my life. We save what we can and pay off the house as much as possible with our normal pay cheques like normal slaves, doing the normal smart middle class money things. If my bitcoins dissapearded, while being a heartbreak, it would have no bearing on how I live my life currently. I could turn around today and pay off our mortgage and still have have enough for a Porsche as well with my bitcoins, but that is not my end goals.

I’m up nearly 100x on a $2.8k buy in back then, but I’ve never put in anything since my first buys.

My plan is to sell 80% when I think this cycle is done and maybe buy some back for BTC gains on the bounce, or walk away and build myself a family house. The goal is to be a 30something family man living in a million dollar house on a sizeable piece of land completely mortgage free.

10BTC is my final holding amount to leave to retirement for when they are >100k each.

Sucks that you lost most of it through bad trading, I did the same thing from when I first got into bitcoin, but I guess we both learned holding is better unless you happen to be very good at trading!

Still you have a great amount of bitcoin, you have a couple hundred thousand dollars of it already, that should be a few million dollars in a few years! Great job!

[Miz4r]

Now that every single person here is quite stunningly rich, at least for tonight, has your level of engagement with crypto land plateaued a little or are you as turned on as ever?

Are you increasing your portfolios with wonderful shitcoins, staying put completely, selling like mad or too busy with ladyboys wiping their posteriors on your faces?

I am as turned on as ever and maybe even more so now than I was when I started getting involved early 2013. I started with a long term position in BTC and also tried to make more coins day trading like almost everyone else who just got into Bitcoin. The first couple of years I was only losing coins trading, but I didn't give up and the last year I've started to become better at it and now it is my full time job. I trade a few shitcoins as well, but I have no long term position in them. Except for Litecoin, I plan to keep some of them around for a few years. The large bulk of my money stays in Bitcoin however, not Bitcoin Cash, or Bitcoin2x garbage.. only the real Bitcoin. I buy and sell all the time when I trade, but most of my coins are staying put in my Trezor and I'm not planning to sell those any time soon. I don't want to hold onto much paper fiat, bank money just isn't my cup of tea.

[pennywise]

Hi guys,
I purchased my first coins in the spring of 2012, for $7 each. Since then I constantly lurk here but write seldom.

I made a small fortune and lost a large part due a bad trading. But the stash grew by now and became nicely fat again. I claimed BCH's, sold them, bought some more BTC and some ZCash. I think the latter is one of few altcoins with good future because its advanced anonimity, something that BTC should also eventually implement.

[Biodom]

The goal is to be a 30something family man living in a million dollar house on a sizeable piece of land completely mortgage free.

10BTC is my final holding amount to leave to retirement for when they are >100k each.

I hear you, but it depends on the place to live.
In TX, you would pay around 22K/year in taxes on that $1mil house plus HOA fees, say 3-5K, plus maybe 3-5K insurance=$30-32K outlay/year even with the house fully paid for. It is expensive to maintain any property around here.

[dothebeats]

I don't consider myself an old hand since I bought my first coins in 2014. The stash I have had back then was sold for a hefty profit, bought back in the latter part of 2015 and sold most in May which enormously boost my money in the bank (lol). Right now, I'm still trying to check out some decent ICOs that may break the records once more and hopefully make a decent amount out of it.

[eddie13]

I'm definitely not that old of a hand but a portion of the coin I hold I've ad since it hit the $190s a couple years ago..

I have never bought BTC or any altcoin with fiat but I got 0.01 BTC for free a long time ago and have since put a MASSIVE amount of time and effort into trading and making it grow.. Not that it was all "work" because I have enjoyed myself doing it but my holdings now are just about becoming worth the time I put into them..

I don't really have a whole lot, not a life changing amount really, but it's a nice security blanket incase anything in my life goes terribly wrong I could fall back on it and survive..

I sold some BTC once and greatly regret it, I have also lost a lot trading this or that and made a bad investment here and there but I don't really regret those because all in all I'e done pretty well and you just can't win em all.. In trading I find that if I take almost as much losses as I do gains then I am doing well because my gains are bigger than my losses..

I'm just going to pretty much keep holding my BTC, if it falls back down to $1500 from here I might be a bit sad I didn't short because I don't have the time to keep up with it constantly these days, but another rise will eventually come in a few years if it crashes now..

I have been saying "BTC to $10k" for years and right now it may finally be coming true, who knows.. Maybe back to 1-2k it goes..
It's been a hell of a ride..

[pennywise]

@dothebeats, I hope you are careful with your analysis, because most of the ICOs are snake oil. You get out in time, fine. You wait thath the scheme collapses, you're toast.
https://www.coindesk.com/icos-dumb-money-ethereums-ethical-dilemma/

[CoinCidental]

Now that every single person here is quite stunningly rich, at least for tonight, has your level of engagement with crypto land plateaued a little or are you as turned on as ever?

Are you increasing your portfolios with wonderful shitcoins, staying put completely, selling like mad or too busy with ladyboys wiping their posteriors on your faces?

Speaking for myself the prices are now so far beyond where I began and there are now so many projects that I'm just sitting there and observing more than anything. The social science side of it is more interesting than ever, but the market bit feels a tad surreal now.

I'm in ballsdeep, just the way I likes it!
Feeling quite gentlemenly indeed
$13,800 in February is getting closer to reality but don't forget to hodl because the real moon will be in 2020 around the next halving...
Not less  than 50k, I'm calling it now boys!  

[afbitcoins]

Nice thread! I guess I'm an old hand by now. Mostly I'm quite disengaged which is quite strange when I stop and think about it, maybe the numbers on my spreadsheet are becoming too abstract? Probably the real reason is bitcoin is becoming too political and centralised for my taste and looks like becoming more so. These days I'm more in for profit than idealogical reasons, which is a shame even though profit is obviously good. 

There've been setbacks along the way, I lost 99% of my first stack on the Bitcoinica exchange when it was hacked. But bought back in not long after, still early, Bitcoin and Dash have done  well for me. I sometimes trade between the two with a small portion but mostly have hodld both. Don't like etherium at all and doubt I ever will. I'm planning to also hodl bitcoin cash though. Its a bit of a wildcard. If I'd bought into bitcoin the same way I bought into Silver I'd probably be one of the ones with a castle now. But no regrets on that score

[dakiller]

The goal is to be a 30something family man living in a million dollar house on a sizeable piece of land completely mortgage free.

10BTC is my final holding amount to leave to retirement for when they are >100k each.

I hear you, but it depends on the place to live.
In TX, you would pay around 22K/year in taxes on that $1mil house plus HOA fees, say 3-5K, plus maybe 3-5K insurance=$30-32K outlay/year even with the house fully paid for. It is expensive to maintain any property around here.

We have no land taxes in Australia if it is your home you live in.

In the main capital cities, the median house price here is well over a million (1.5M in Sydney) as it is. Our house prices have gone through nearly as much inflation that bitcoin has. People have been calling the housing price bubble to pop for years now and it just isn’t stopping. Smart people have been loading up on investment properties, leveraging themselves to their eyeballs and claiming all the costs, interest and losses on tax while the land value just goes through the roof.

Lucky I have no interest in living in the capital cities. Too much traffic. Give me land out in the countryside.

[Traxo]

An old hand who advised @rpietila to buy at $10 in early 2013, has expressed his engagement level in a warning and prediction.
One of the predictions was already realized.
The warning remains.

[European Central Bank]

An old hand who advised @rpietila to buy at $10 in early 2013, has expressed his engagement level in a warning and prediction.
One of the predictions was already realized.
The warning remains.

that guy categorically stated segwit would never be allowed to happen on bitcoin and litecoin would soar. litecoin did pretty good. segwit arrived.

next guru please.

[PseudoCode]

Does 2010 qualify ?   

First fired it up in dec 2010 after reading about it on Freshmeat.  Tried CPU mining.  lotta noise, no results
Did some GPU mining in Feb 2011..  still got the poclbm_py2exe_20110204.7z files
Made some small gains in one of the early mining pools (Slush ?), but got sick of the screaming fans after 2 weeks
Decided to "Buy Shares" in this new Interesting geek-run project instead (feb 2011)
Got bored, threw hard drive out   Just kidding     I was there when a few people did though.

No, I'm not saying how many I mined/bought/sold/still-have. 
Yes, I know this forum account isnt that old. 
I forgot the password to my old forum account, and decided it probably wasnt a bad thing to start fresh.

I remember the start of the Alpaca Socks, Proudhon, the craziness when it *surpassed 1 US Dollar (Gasp) !
The cries of "Insanity" when it hit $32, the "Told you so's !" from everyone when it went back to $9
The "OMG, Bitcoin is not dead !" recovery to $266, the crash back to ~$90 (Oh hang on, yes it is..)

Everything since then has been a yawn by comparison to those days   
Wake me up when something *exciting happens. 

Do I get my senior citizens card yet ?