How much money did you gain/lose in crypto?

Nvidia Brouwer

Feb 27 545 Comments

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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 8 7
- Nvidia Brouwer
  OP
  
  😭😭😭
  
  Feb 27 5
- LinkedIn cnshsiwk
  
  Lol
  
  Feb 27 2
- Amazon / Design piratekingmore
  
  I think I need to get job at LinkedIn
  
  Feb 27 3
- Amazon Izzypop
  
  Oh man- that went from hero to zero real quick....
  
  Feb 27 3
- Google Rly?RLY!?
  
  This thread was riveting.
  
  Feb 27 2
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 27 2
- Microsoft huiii
  
  Wow, congrats. Great timing
  
  Feb 27 1
- Microsoft CastleRaid
  
  Thanks. Just got lucky. I sold at 16,900+. I think it went to 19K+ two weeks after that.
  
  Feb 28 2
Amazon / Eng OlAl28

Nice try IRS

Feb 27 25 0
This comment was deleted by original commenter.
- Microsoft LqIR76
  
  Damn. baller
  
  Feb 27 0
- Tesla / Other h4hcxey3
  
  Whoa. Are you still working for funsies or traveling around the world surrounded by Insta models?
  
  Feb 27 0
- Snapchat redsocks
  
  Holy cow
  
  Feb 27 0
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 15 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 4
- Amazon / Design piratekingmore
  
  Except us ... :D
  
  Feb 27 2
- Google / Eng Mr Glass
  
  But why not invest it
  
  Feb 27 0
- New bvram
  
  Great. I sold too early and only made $2k
  
  Feb 27 0
- New / Eng lzf66
  
  Mr Glass, he already answered your question once.
  
  Feb 27 0
Microsoft PggR83

$2m through mining. Sold at peak. Retired now

Feb 27 14 4
- Walmart.com / Eng QTFP86
  
  You mean you lost 2mn and retired then?
  
  Feb 27 2
- Nordstrom Nepotism
  
  Time to give up your Microsoft blind access if you're retired then. Byeeeee
  
  Feb 27 5
- Walmart.com / Eng QTFP86
  
  That sound so xutiyapa in bluff too
  
  Feb 27 1
- New / Product s108more
  
  Don’t think you can retire on $2m unless you live in Idaho
  
  Feb 27 0
United Wholesale Mortgage / Eng zpyM13more

I mined bitcoin around 2011 and found my wallet after years of forgetting about it. I made about 168k

Feb 27 21 1
- Amazon / Eng OlAl28
  
  Fuck you
  
  Feb 27 1
Optum / IT zkzkzkzk

Well, I got goxed and lost 118 bitcoins... you can do the math

Feb 28 14 3
- Facebook / Eng EntBlind
  
  How so?
  
  Mar 1 0
- Microsoft CastleRaid
  
  Mt Gox. Look up its history.
  
  Mar 3 4
- Microsoft / Eng MgIr74more
  
  Ouch.
  
  Mar 22 1
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 9 6
- Amazon / Eng OlAl28
  
  Why the fuck are you still working at Salesforce?
  
  Feb 27 0
- Bloomberg bbg86
  
  Remember, you are on Blind.
  
  Feb 27 5
- 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 2
- Twilio / Eng twlo
  
  Safe inflation adjusted withdrawl rate on $3M is $105/yr, not $40k JqBx48
  
  Feb 27 0
- Amazon / Eng OlAl28
  
  And not all of us want to retire in the bay area
  
  Feb 28 0
Bain & Company ioAl18

-$4.5M, had to start working again..

Feb 27 14 5
- Nvidia Brouwer
  OP
  
  Sorry to hear brah
  
  Feb 27 0
- Expedia Ytdj51
  
  Wow, i feel really bad now. Did you go all in or something?
  
  Feb 27 1
- Microsoft / Product Brazukamore
  
  What? Nobody's that stupid. especially a Bain partner.
  
  Feb 27 1
- Microsoft huiii
  
  Seriously?
  
  Feb 27 2
- New satoshii
  
  I lost moar.
  
  Feb 27 0
Ripple lsiefsja

Down 100k... Practically catching the falling knife

Feb 27 4 4
- Expedia Ytdj51
  
  Oof and you work for Ripple? Did you sell or just paper loss?
  
  Feb 27 1
- 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 2
- New LGwK11
  
  Good to know Ripple is hiring the best and brightest lmao
  
  Feb 27 8
- Adobe / Eng abcdxyz123more
  
  What is the use of ripple’s tech. Anyone using it for real?
  
  Mar 1 0
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 6 15
- New LGwK11
  
  Or tron. Either way makes me vomit in my mouth a little.
  
  Feb 27 0
- New LGwK11
  
  @jo2305 yes but most of those aren't public ledgers.
  
  Feb 27 0
- 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 0
- 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 0
- Progress / Eng 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 0
Microsoft MSFTHR

0. Not dumb enough to gamble on something imaginary.

Feb 27 3 5
- LinkedIn tendies
  
  Cringe
  
  Feb 27 4
- 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 7
- 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 0
- Cisco drh787
  
  Same. But more simple. I just don’t invest in something I don’t understand the value of.
  
  Feb 27 0
- New sizuu
  
  Because other money like dollars can be found in nature?
  
  Mar 2 0
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 4 2
- Expedia Ytdj51
  
  You mean like every other asset?
  
  Feb 27 8
- New satoshii
  
  Sigh. You sound like Buffet.
  
  Feb 27 1
Microsoft / Sales SudoCode

You don't lose money if you never sell...👉🏿😏

I'm negative on LTC, bought around $250/coin

Mar 3 0 6
- Microsoft moramba
  
  > worthless figments of mathematics
  
  3edgey5me
  
  Mar 5 3
- Amazon / Eng n0v
  
  Like buying tulips between 1634-1637
  
  Mar 5 2
- Microsoft moramba
  
  Scarcity == value. Engineers should take more 100lvl finance classes in school
  
  Mar 5 2
- Amazon / Eng n0v
  
  Toxic waste is scarce and not valuable. Water is not scarce, yet extremely valuable.
  
  Mar 6 1
- Microsoft moramba
  
  Don't tell wall st
  
  Mar 6 0
IBM 👌🏻🥛⛄️

Bought 20 bitcoins at $8 a pop back in 2012 and spent them all on silkroad.

Feb 28 11 1
- New / Eng SuperSlime
  
  yay drugs!
  
  Apr 20 0
Amazon / Design piratekingmore

40K

Feb 27 4 4
- Amazon / Design piratekingmore
  
  I'm in unrealized loss though :) To da moooooonnnnn 😂
  
  Feb 27 6
- Nvidia Brouwer
  OP
  
  Dogecoin FTW!
  
  Feb 27 0
- Amazon / Eng eisenhwrmore
  
  Hodl!
  
  Feb 27 0
- Google / Eng Mr Glass
  
  HODL!!!
  
  Feb 27 0
IBM OVFn18more

+8m got into btc in the mtgox days

Feb 28 5 7
- Microsoft plftkb
  
  It's very realistic. $550 investment at $100, sold at $15k nets $8m. I wish I did that lol
  
  Feb 28 0
- eBay FdUz56
  
  Yeah with 5500 not 550
  
  Feb 28 0
- IBM 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 2
- 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 2
- 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 0
SAP ChaiWallah

I was up almost $600k, took $10k (my cash invested) off the table. Still up $70k, not counting what I took out

Feb 27 5 6
- Xchange Leasing / Ops AL1337more
  
  Hi fair friend
  
  Feb 27 1
- Google / Eng Mr Glass
  
  Ah the sweet lessons of greed!
  
  Feb 27 1
- Fair.com / Eng TpWD16more
  
  Xchange Leasing! Hi!
  
  Feb 27 1
- Wolters Kluwer gtUY05
  
  Lucky
  
  Feb 27 0
- Xchange Leasing / Ops AL1337more
  
  What team are you on? Fair friend
  
  Feb 27 0
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 9 2
- LeanTaaS ♥️ data
  
  You must be still high :)
  
  Feb 28 0
- Microsoft CastleRaid
  
  I remember someone paying 10K BTC for a pizza. It was in 2009 I think.
  
  Feb 28 0

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