Reflections on 10 years in the cryptoverse
A Long Journey
This year is going to mark almost 10 years of being in and around the cryptoverse. It all started with the Let's Talk Bitcoin show when I was a young housekeeper cleaning rooms on the western edge of Canada.
I would listen for hours even though I had no crypto in my possession. One day, I listened to a talk by Dan Larimer about Bitshares and something hooked me. I got into the bitsharestalk forum and started talking and lurking.
I receive my first bitcoin when it was about $200 shortly after the Mt Gox debacle. The first bitcoin I bought was to buy BTS token. For years, I never owned BTC...I was an alt-coin degen looking for a moonshot.
Then Came Steemit
Well, that was one heck of a ride. I had moved on from my crypto involvements for a while when I got pinged by a friend about Steem. That was before the first payout. Man oh man, I wish I could go back and have a good conversation with my younger self.
My biggest mistake was to not have faith in BTC. I wish I would have secured a few BTC with the gains and let them sit there for years. Hindsight is 20/20 of course.
My Current Position
I missed the last bullrun of BTC, so I placed all my bets on ETH when it was still at around $250. I'm glad I did. Now, I'm 100% BTC waiting for the next bullrun, the Altcoin shakeout and the opportunity to buy ETH cheap in relation to BTC.
I'm now all about YIELD. I discovered Celsius network and did my research on them. I think this is a beast that is yet to be recognized. I don't put all my eggs on a possible moonshot on them BUT getting 6.4% yield on BTC is pretty sweet as well as the possibility to borrow on my crypto at 1% to save taxes on capital gain.
Conclusion
I wish you all a great bullrun. What is your strategy?
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