Hello,
First of all, excuse me for my bad english.
Through this post, I want to share my journey into the world of crypto, which runs from 2013 to 2021. I am a new redditor but an avid reader for many years and I finally decided to post this message to end this chapter of my life.
In 2013, I stumbled across a newspaper article about Bitcoin and was quickly fascinated by the technology and quick gains that few persons had made in little time. Early 2014 I decided to join Mtgox Exchange. It’s not necessary to say this first experience was not very pleasant, a few weeks after my registration, Mtgox went bankrupt and I lost 3.5 Bitcoin (I still hope to recover a small part in 2022). Following this event which cooled me off, I still wanted to continue the experience by registering with Kraken late 2014 (my only Exchange until today). I continued to familiarize myself with trade tools playing with Litecoin until 2015 when a big event changed my life.
I discovered Ethereum in late August early September of this year. I am neither a developer nor an computer ace but reading the Ethereum White Paper I understood this thing would be the next generation of crypto. Without hesitation, I sold my Litecoin to reinvest in what will remain the investment of my life. I bought ETH in October 2015 when its price hovered around +/- $ 1. Later I played the trader with some ETH when it oscillated between 2 and 6 $ to increase my stack, then I sent everything in 2 cold wallets at the beginning of 2016 to never touch them again, my exit target was $ 2000 / eth.
Over time, I learned more and more about Ethereum thanks to r/ethereum, r/ethrader and more recently r/ethfinance. I followed all possible threads, the most relevant, the funniest, I was there at all legendary events (for me) including Homestead update (Pi Day), The DAO debacle and the disappearance of Stephan Tual, the Roadmap changes, the always relevant comments from DCInvestor, the Scienceguy (Etherdamus) joke, EZPZ, etc ... Thanks to the Ethereum community, I kept my cool during the first historic All Time High of $1400/ETH in January 2018, I never considered at that time to sell even one ETH. Being at the forefront of current affairs and information of Ethereum development, I thought this was just a bubble independent of the as yet undisclosed potential of ETH.
Then… the endless bear market 2018-2020. The worst part of this adventure for me. To stay afloat, I kept repeating the same sentences to myself: "the fundamentals have not changed and time is my friend". While preparing for a marathon in Barcelona, I decided not to hear about cryptocurrency again until I crossed the finish line. Result: from October 2018 to the end of March 2019 I have not seen or read a single word relating to this world. After the marathon was over, I saw that ETH was worth $ 130-140. This period allowed me to recharge my batteries and come back to “the place to be”.
Finally, when ETH hit $ 2,000 in February 2021, I was at a crossroads: either executing my 6-year-old plan or standing still and letting greed prevail. I am 41 years old, wife and children, reason prevailed because I didn’t want to suffer the trauma of 2018-2020 again and pass up the opportunity to financially protect my children for the rest of their lives. I think if I was 20 years younger I would have tried to stay in the dance a little longer but thanks to this decision I can now stop working tomorrow if I feel like it but I won't. I don’t want to be a bad example for my children.
Now I’m ok with the fact that ETH double in value 3 months later. I’m now in the acceptance mode regarding emotional cycle of investor and I do think I did the right choice.
Until today, no one knew my story except my wife and a friend who works in the bank where I stored my fortune. I continue to keep a stack of crypto to complete my portfolio.
It is likely my story will not interest anyone, but I would absolutely post this message for a very long time to warmly thanks the Ethereum Community which has for a moment been my virtual 2nd family.
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