How much money did you gain/lose in crypto?

Nvidia Brouwer
Feb 27 545 Comments

As the dust settles and we’re doing taxes, curious what peoples’ experiences have been in the great crypto boom and bust of 2017-2018!

Also bonus: did you mine or buy?

Me: ~-$100 in “play” money via buying

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TOP 545 Comments
  • LinkedIn dkdkd
    200k
    Feb 27 7
    • Nvidia Brouwer
      OP
      😭😭😭
      Feb 27
    • LinkedIn cnshsiwk
      Lol
      Feb 27
    • Amazon / Design
      pirateking

      Amazon Design

      PRE
      One Medical
      piratekingmore
      I think I need to get job at LinkedIn
      Feb 27
    • Amazon Izzypop
      Oh man- that went from hero to zero real quick....
      Feb 27
    • Google Rly?RLY!?
      This thread was riveting.
      Feb 27
  • Microsoft CastleRaid
    1.8 million. Bought 2010. Sold early Dec 2017. Hired a CPA. Got the right paperwork. Paid Uncle Sam my dues. Still read about it but don’t invest. Was never in it for the greed. Just loved the early enthusiasm. Too much noise now.
    Feb 27 2
    • Microsoft huiii
      Wow, congrats. Great timing
      Feb 27
    • Microsoft CastleRaid
      Thanks. Just got lucky. I sold at 16,900+. I think it went to 19K+ two weeks after that.
      Feb 28
  • Amazon / Eng OlAl28
    Nice try IRS
    Feb 27 0
  • This comment was deleted by original commenter.

    • Microsoft LqIR76
      Damn. baller
      Feb 27
    • Tesla / Other h4hcxey3
      Whoa. Are you still working for funsies or traveling around the world surrounded by Insta models?
      Feb 27
    • Snapchat redsocks
      Holy cow
      Feb 27
  • New holler
    +$306,254. Got in very early. DCA on the way up over the years. Sold everything Dec 15 2017. I treat it like lottery winnings and keep it anonymous. Nobody around me knows.
    Feb 27 6
    • New holler
      I have a house already (3000sqft at $250k). I'm happy with my life as-is. I've watched others spend their earnings and return to broke. I'm not interested in exhausting my FOF (fuck-off-fund).
      Feb 27
    • Amazon / Design
      pirateking

      Amazon Design

      PRE
      One Medical
      piratekingmore
      Except us ... :D
      Feb 27
    • Google / Eng Mr Glass
      But why not invest it
      Feb 27
    • New bvram
      Great. I sold too early and only made $2k
      Feb 27
    • New / Eng lzf66
      Mr Glass, he already answered your question once.
      Feb 27
  • Microsoft PggR83
    $2m through mining. Sold at peak. Retired now
    Feb 27 4
    • Walmart.com / Eng QTFP86
      You mean you lost 2mn and retired then?
      Feb 27
    • Nordstrom Nepotism
      Time to give up your Microsoft blind access if you're retired then. Byeeeee
      Feb 27
    • Walmart.com / Eng QTFP86
      That sound so xutiyapa in bluff too
      Feb 27
    • New / Product
      s108

      New Product

      BIO
      Mostly startups. Interested in exploring new opportunities in Los Angeles.
      s108more
      Don’t think you can retire on $2m unless you live in Idaho
      Feb 27
  • United Wholesale Mortgage / Eng
    zpyM13

    United Wholesale Mortgage Eng

    PRE
    General Motors, United Wholesale Mortgage
    zpyM13more
    I mined bitcoin around 2011 and found my wallet after years of forgetting about it. I made about 168k
    Feb 27 1
    • Amazon / Eng OlAl28
      Fuck you
      Feb 27
  • Optum / IT zkzkzkzk
    Well, I got goxed and lost 118 bitcoins... you can do the math
    Feb 28 3
    • Facebook / Eng EntBlind
      How so?
      Mar 1
    • Microsoft CastleRaid
      Mt Gox. Look up its history.
      Mar 3
    • Microsoft / Eng
      MgIr74

      Microsoft Eng

      PRE
      Amazon
      MgIr74more
      Ouch.
      Mar 22
  • Salesforce / Eng corgos
    $3MM. Eth ICO and pre-gox BTC, mostly mined via LTC. Flipped a bunch of small caps during the bullrun in 2018.

    I paid all my taxes as well.
    Feb 27 6
    • Amazon / Eng OlAl28
      Why the fuck are you still working at Salesforce?
      Feb 27
    • Bloomberg bbg86
      Remember, you are on Blind.
      Feb 27
    • Google JqBx48
      $3 MM buys you a decent house. There's food, children and living costs after that. Not everyone wants to FIRE wilth $40k per year.
      Feb 27
    • Twilio / Eng twlo
      Safe inflation adjusted withdrawl rate on $3M is $105/yr, not $40k JqBx48
      Feb 27
    • Amazon / Eng OlAl28
      And not all of us want to retire in the bay area
      Feb 28
  • Bain & Company ioAl18
    -$4.5M, had to start working again..
    Feb 27 5
    • Nvidia Brouwer
      OP
      Sorry to hear brah
      Feb 27
    • Expedia Ytdj51
      Wow, i feel really bad now. Did you go all in or something?
      Feb 27
    • Microsoft / Product
      Brazuka

      Microsoft Product

      PRE
      Bain & Company
      Brazukamore
      What? Nobody's that stupid. especially a Bain partner.
      Feb 27
    • Microsoft huiii
      Seriously?
      Feb 27
    • I lost moar.
      Feb 27
  • Ripple lsiefsja
    Down 100k... Practically catching the falling knife
    Feb 27 4
    • Expedia Ytdj51
      Oof and you work for Ripple? Did you sell or just paper loss?
      Feb 27
    • Ripple lsiefsja
      That's precisely the issue. The more I'm working on it, the more I believe in the tech. But alas, bear market
      Feb 27
    • New LGwK11
      Good to know Ripple is hiring the best and brightest lmao
      Feb 27
    • Adobe / Eng
      abcdxyz123

      Adobe Eng

      PRE
      Yahoo, PayPal
      BIO
      Software engineer architect manager big data platforms
      abcdxyz123more
      What is the use of ripple’s tech. Anyone using it for real?
      Mar 1
  • Microsoft plftkb
    +$650k. Out in Jan 18. Bought back in Jan 19, hodling through 2023. Oct 2023 will be the next BTC peak (but don't buy BTC) at $163k/BTC. You heard it here first
    Feb 27 15
    • New LGwK11
      Or tron. Either way makes me vomit in my mouth a little.
      Feb 27
    • New LGwK11
      @jo2305 yes but most of those aren't public ledgers.
      Feb 27
    • New / Eng jo2305
      I don't think large corporations would want all their supply chain data broadcasted on a public ledger. Public decentralized ledgers certainly have their use cases but I don't think 'enterprise' is the right adjective here
      Feb 27
    • Microsoft plftkb
      Wrong and wrong. The two coins I'm in aren't in the top 100 mcaps on CMC. There's your hint. But since you mention EOS, I can't be clear enough: fuck that junk.
      Feb 27
    • Progress / Eng
      NullRefEx

      Progress Eng

      PRE
      Nokia, Microsoft
      NullRefExmore
      ±10k all earned through fast micro transactions with a ton of different CCs (Binance). I used large value purchases and sells to make small variance worth the time. Sold Eben at the time ETH was just over $1k. (my Coinbase report looks like a mess, a frenzy of transactions)
      Feb 28
  • Microsoft MSFTHR
    0. Not dumb enough to gamble on something imaginary.
    Feb 27 5
    • LinkedIn tendies
      Cringe
      Feb 27
    • Microsoft nonillion
      You're so cool and smart and we should all strive to be as smug in hindsight as you. Thank you you wonderful wonderful soul.
      Feb 27
    • Amazon / Eng jC2w0x
      I understand some ppl don't want to take risks, but if you think crypto is imaginary dumb thing, you are really dumb...
      Feb 27
    • Cisco drh787
      Same. But more simple. I just don’t invest in something I don’t understand the value of.
      Feb 27
    • New sizuu
      Because other money like dollars can be found in nature?
      Mar 2
  • Broadcom Ltd. honestkid
    You should not waste your money in crypto. You buy hoping that next person will buy it higher. So probability of crashing it increases as its values increases.
    Feb 27 2
    • Expedia Ytdj51
      You mean like every other asset?
      Feb 27
    • Sigh. You sound like Buffet.
      Feb 27
  • Microsoft / Sales SudoCode
    You don't lose money if you never sell...👉🏿😏

    I'm negative on LTC, bought around $250/coin
    Mar 3 6
    • Microsoft moramba
      > worthless figments of mathematics

      3edgey5me
      Mar 5
    • Amazon / Eng n0v
      Like buying tulips between 1634-1637
      Mar 5
    • Microsoft moramba
      Scarcity == value. Engineers should take more 100lvl finance classes in school
      Mar 5
    • Amazon / Eng n0v
      Toxic waste is scarce and not valuable. Water is not scarce, yet extremely valuable.
      Mar 6
    • Microsoft moramba
      Don't tell wall st
      Mar 6
  • Bought 20 bitcoins at $8 a pop back in 2012 and spent them all on silkroad.
    Feb 28 1
  • Amazon / Design
    pirateking

    Amazon Design

    PRE
    One Medical
    piratekingmore
    40K
    Feb 27 4
    • Amazon / Design
      pirateking

      Amazon Design

      PRE
      One Medical
      piratekingmore
      I'm in unrealized loss though :) To da moooooonnnnn 😂
      Feb 27
    • Nvidia Brouwer
      OP
      Dogecoin FTW!
      Feb 27
    • Amazon / Eng
      eisenhwr

      Amazon Eng

      PRE
      Google
      eisenhwrmore
      Hodl!
      Feb 27
    • Google / Eng Mr Glass
      HODL!!!
      Feb 27
  • IBM
    OVFn18

    IBM

    PRE
    IBM
    BIO
    Technical Sales zSystems SW
    OVFn18more
    +8m got into btc in the mtgox days
    Feb 28 7
    • Microsoft plftkb
      It's very realistic. $550 investment at $100, sold at $15k nets $8m. I wish I did that lol
      Feb 28
    • eBay FdUz56
      Yeah with 5500 not 550
      Feb 28
    • IBM
      OVFn18

      IBM

      PRE
      IBM
      BIO
      Technical Sales zSystems SW
      OVFn18more
      I’m not some master trader or anything. I bought a few hundred worth when it was ~30c mined more when it was possible with gpus. Ended up with about 3k btc. Sold a ton early on and liquidated the whole stack when it was sub $7k
      Feb 28
    • Verizon Media llllIII
      You must be that 0.1% that actually made it and makes everyone want to invest. Congrats. Couldn’t you just retire and live off of investment of that money for rest of your life? You could get like 100k no problem per year! Live like a king in mid US
      Feb 28
    • New / Eng jo2305
      Do you think there will be another bull run or is it all over? You liquidated your whole stack but will you ever buy BTC again?
      Feb 28
  • I was up almost $600k, took $10k (my cash invested) off the table. Still up $70k, not counting what I took out
    Feb 27 6
    • Xchange Leasing / Ops
      AL1337

      Xchange Leasing Ops

      PRE
      Xchange Leasing, Fair.com
      AL1337more
      Hi fair friend
      Feb 27
    • Google / Eng Mr Glass
      Ah the sweet lessons of greed!
      Feb 27
    • Fair.com / Eng
      TpWD16

      Fair.com Eng

      PRE
      Apple
      BIO
      🦑
      TpWD16more
      Xchange Leasing! Hi!
      Feb 27
    • Wolters Kluwer gtUY05
      Lucky
      Feb 27
    • Xchange Leasing / Ops
      AL1337

      Xchange Leasing Ops

      PRE
      Xchange Leasing, Fair.com
      AL1337more
      What team are you on? Fair friend
      Feb 27
  • Spotify smrtrchild
    Mined 30 btc in college (2011-2013). Sold them for <10 bucks each for beer money. Most expensive beers I've ever drunk.
    Feb 27 2
    • LeanTaaS ♥️ data
      You must be still high :)
      Feb 28
    • Microsoft CastleRaid
      I remember someone paying 10K BTC for a pizza. It was in 2009 I think.
      Feb 28

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