I didn't know too much about crypto at the time of buying them. I didn't do any trading or anything, just bought, and let it sit in my wallet. I just figured if I bought anything, the prices would eventually go up.
I had this money sitting in my bank account for years and it was doing nothing for me. Just the peace of mind that it was there and I could use it whenever I wanted. Years and years went by and never touched it, so I decided to try and be an adult and invest it in something. Here's how it went.
Coin | Price Per Coin | Investment | Value Today | Profit | Value if sold at ATH |
---|---|---|---|---|---|
ETH | $244.81 | $500 | $4,367.31 | $3,867.31 | $8,898.72 |
IOTA | $.59 | $500 | $576.12 | $76.12 | >! $4,449.15 !< |
XMR | $12.85 | $500 | $7,695.71 | $7,195.71 | >! $21,102.34 !< |
OMG | $10.67 | $500 | $175.35 | - $324.65 | >! $1,200.56 !< |
ARK | $2.93 | $500 | $155.29 | - $344.71 | >! $1,744.03 !< |
TOTAL | $2,500 | $10,469 | >! $37,394.80 !< |
As you can see, my investments overall did pretty well. If I had just let this sit in my bank account, it would be worth like a few dollars more than what I started with.
I bought OMG and ARK because they were being super-shilled in this sub and at the time I didn't know any better. I thought this sub was the end-all-be-all of crypto (lmao).
IOTA was being shilled too, but the transactions are instant and free so I figured that would blow up... it kinda did when it went to $5, but not much after that. Not sure why it didn't blow up.
I bought XMR just because it does what BTC says it does and the community has interesting people/discussions as well. Most of it is over my head though.
Keep in mind, I held through two bull cycles, lost 70% on two investments, and I'm still up about 400% overall. There's no need to be stressed out guy, just hold for the long-term and you'll be aight.
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