I generally sit down to write about something because it has somewhat of a therapeutic effect. You know, the whole 'get the demons out' thing. Well, I'm not sitting down. I'm reclining in boxer briefs in a newly bought house and my daughter is offering to shove some green play-doh in my nose in between the plot points of "My life as a teenage robot".
We bought the house through really careful saving over three years, mainly, and a couple well-timed promotions, which got our earning potential high enough for a decent mortgage.
Great. House, car, decent job, health, some money in the bank. Some money in the bank. Some money in the bank.
I first learned about bitcoin in 2011 off metafilter. It piqued my interest because I had argued with a thesis advisor for a couple years starting in 2006 that virtual currencies and properties were just as salient as our real life ones and to the extent that they could be made limited, just as valuable. Anyway, I had little money in 2011, and I didn't quite fully understand the problem that the blockchain solved.
Fast forward to March 2012. I had just gotten married and had a bit of cash. Again, I hear about bitcoin on mefi and it's now at $70.00 or something (this recollection may be inaccurate). I had enough then to have 700 BTC now if I had thrown my weight at it--and I was seriously contemplating doing it (I still remember the pause I had when I was opening my car door before I went to work, mulling it over in my head from the night before: if I lost that much I would be a fool, wouldn't I?)
I didn't do it.
December of 2013 rolled around and now I knew I was a fool. My heart pounded. I had missed my shot.
No, I hadn't.
I started buying in February all the way through the downtrend.
Then, I got into mining: a large group buy investment, script asics since the beginning (dual miner, grid seed, g blade, black widow, thunder, a train where each engine you add slows you down).
All told I have probably thrown 11k (maybe more) or so at BTC in varying ways and I have about 6.5BTC to show for it. It depresses me when I really think about it. But, here I am in my boxer briefs in my new house all the same (they're black btw). I guess there is some solace in being in your underwear in a house you own.
I am trying to turn this into a positive any way that I can, demons out notwithstanding.
Thanks for the read.
Perk up! You gambled what you could afford to risk- that was a smart move! You were just as likely to have lost it all! Cheer up! Bitcoin is still young! The glory days are still ahead of us!