You are viewing a single comment's thread from:

RE: Bitcoiners Who Kept Their Coins on Exchanges Faired Better Than Those Holding Their Private Keys

in #bitcoin7 years ago

Hey @theonlywayisup yeah for my first couple years in Bitcoin I kind of took that attitude, basically there's a higher chance of me screwing something up than Coinbase getting hacked so I stored my coins on there for the most part.

Sort:  

Same. The first $1k I put into bitcoin at like $265ish a coin was just play money. I was more supporting a cause than thinking it would really amount to much. I had some Litecoin I bought in 2014 off eBay that I played with on my own wallet. Bitcoin at $265 I was afraid to lose, then it spiked up to crazy amounts. The $50 worth of Litcoin I was sending to friends and giving away, I never thought at like $3 it would go back to $40 range. To be honest I never expected any of the Alt Coins to do much of anything.