01-20-2021, 05:21 AM
Bought My First ETH at $2. Finally Fully Out of the Game.
<!-- SC_OFF --><div class="md"><p>I sold out my remaining crypto last night. Still feels surreal to me. Started buying Ethereum at just above $2 in early 2016 after missing the boat on Bitcoin. I put my whole tax return in in 2016 and threw a couple hundred at it whenever I could. I didn't buy a car and biked to work to save money. I remember at the time thinking there was about a 1/3 chance it would 100x, so there was an asymmetrical risk/reward in my opinion. </p> <p>Sold a large chunk during the previous bull run in 2017, and sold the remaining in multiple sales this January. Averaged about a 150x on my cost basis across all sales. All long-term capital gains. Now I'm 27 and financially independent. Will be buying my parents a house this year.</p> <p>I love this community and hope both the technology and price continues to improve. Thanks to everyone for making this a fun ride!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FollowMe22"> /u/FollowMe22 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/l0poi3/bought_my_first_eth_at_2_finally_fully_out_of_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/l0poi3/bought_my_first_eth_at_2_finally_fully_out_of_the/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I sold out my remaining crypto last night. Still feels surreal to me. Started buying Ethereum at just above $2 in early 2016 after missing the boat on Bitcoin. I put my whole tax return in in 2016 and threw a couple hundred at it whenever I could. I didn't buy a car and biked to work to save money. I remember at the time thinking there was about a 1/3 chance it would 100x, so there was an asymmetrical risk/reward in my opinion. </p> <p>Sold a large chunk during the previous bull run in 2017, and sold the remaining in multiple sales this January. Averaged about a 150x on my cost basis across all sales. All long-term capital gains. Now I'm 27 and financially independent. Will be buying my parents a house this year.</p> <p>I love this community and hope both the technology and price continues to improve. Thanks to everyone for making this a fun ride!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FollowMe22"> /u/FollowMe22 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/l0poi3/bought_my_first_eth_at_2_finally_fully_out_of_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/l0poi3/bought_my_first_eth_at_2_finally_fully_out_of_the/">[comments]</a></span>Kind Regards R