Bushwhacking
through the crypto
wilderness 
In 2015 I bought 8 bitcoins on a whim for $225 each and then forgot about them until the fall of 2021 when Bitcoin climbed to almost $70,000. Suddenly my $1800 investment was worth more than $500,000.
I wasn’t sure what to do… Sell them? Keep them? The problem was that I knew almost nothing about crypto but it was just too much money to ignore so I decided it was time to start learning.
This site documents the journey
Follow My Path
Countinue the jorney
What's new
Latest Post
30 Mar 2023
Reviewing my master nodes
It's been a year since I started my exploration of all things crypto. Financially, it has been a rough journey. I started 2022 with around 500k, almost entirely in Bitcoin. I started 2023 with something closer to 150k. Of course most of that decline has been due to the crypto winter, and indeed almost all the coins I hold have gone down significantly in the past year, many by 70-80%. If crypto prices recover so will my portfolio since I still hold all the coins. Unfortunately I cannot put the entire blame on the market. I definitely made some bad choices like investing in tomb forks, investment clubs, and buying expensive mining equipment just before the collapse of GPU mining. On the other hand it could have been worse.. I avoided all of the biggest collapses. I had no money in Terra, Voyager, Celsius, FTX, BlockFi or Yield Nodes. All......Read more
Important!
The Only Investment Advice I will give
Don’t invest in crypto unless: 1) you can afford to lose everything you invest and 2) you won’t bitch and moan if that happens. I think of crypto investing like going to a casino… enjoy the free drinks and gambling experience because there is a very good chance the only thing you will go home with is a buzz and nice memories.
Let's see
Did I Make
the Right
Choice?
If I held
8 BTC =
$320,000
If I Sold at 2021 peak
8 BTC x $69,000 =
$560,000
Current value
$420,000
Cashed Out
$25,000
Check the
Holdings
