Interesting and enjoyable read. I bought my first bitcoin back in 2009 and deeply appreciate how far the entire space has come. For me in the beginning it was a screw around activity to be honest. Buying it was difficult, selling even more so. So when it would have major price moves in the years that followed I'd dump some feeling like the cat that caught the canary... never really believing it would go higher. It wasn't until about five years ago that ... scepticism? Ignorance? One or both made me go from feeling smug to gnashing my teeth.. Yeah I made money, but I could of made more. But become a chronic hodler? Nah. I had to learn. Today I deploy a number of trading tactics and talk about zero of them. Despite getting over feeling like I lost because I could of made more, I'm still in no position to give trading advice. I just don't blog about the new way to make money. I have no place or right. I do blog about what I like though so occasionally/rarely crypto comes up. But, I can say this... especially if you have an investment background.. if you are doing the work, reading the white papers, investing the time and you come across something that you like and see a true use case for then pick up some. Even if it's a little. It's a hobby so keep the moves in that affectionate/labour of love realm. I recently nailed it on Curve Dao just from that approach. I did the same with Pivx years ago when it was at around 0.15 and sold around 9 USD in the last bullrun. Pivx later died, but I offloaded most kept a few. I keep the keys to my Pivx today alongside a number of dead coins I hold. It may come back, it may not. Who knows? I liked the coin and enjoyed the ride. Atm I'm watching a cryptocurrency called Velo and kinda like it. I'm still umm and ahhing over picking up some, but it has caught my eye. It could be a fun ride so I may jump on. Not so fast that my shirt blows off my back, but enough to enjoy the engagement. Great post @galenkp.
It seems you've started very early on and considering you bought BTC at that early stage have probably done well from it. I think back to 2010 these days and remember hearing about BTC and thinking, that sounds cool and interesting but having no clue as to where to start. I'm not the most computer-savvy dude, I know enough to get by, and so it all seemed very hard. I was eating very good money and had plenty to spare so could have thrown a few thousand in no worries...But just didn't know how. Foolish? I don't think so. I mean it's easy to say so in hindsight but in reality it's not as clear cut.
By 2012 I was developing apartment buildings and townhouses in urban-infill areas in my own company. I'd do the property acquisition, feasibility study, design and construction (the latter with consultants and builders) then sell them off-plan and so was busy, far too busy to think about magic internet money. So again I didn't do anything about it and BTC fell off the radar.
The years went by and here I am, dabbling, in BTC and other crypto's trying to make something happen. I often wonder where I'd be if I dropped a thousand on BTC back in 2012.
Thanks for commenting on my post...I know it makes me sound a little novice but I'm ok with that, not everyone is an expert in every area, and only the truly foolish try to pitch themselves that way.