Ethereum ... I love you 3000

Ethereum ... I love you 3000

By PVMihalache | Mind Puzzle | 6 Jul 2021


 

Buying Ethereum

This is a trip down memory lane but this time is not as painful as the Bitcoin story. Remember the day ...  11th of November 2016! We are going back in time nearly 5 years ago ... when I spent $129 to buy 12 ETH. The price per unit was $10.21 and the fees where 4% at that time.

dd15c6e7ba7f0e8ede23e55b410375b2c48e9c9776ba393014dbb3b054bcfa32.jpg

Few weeks later, 29th of November 2016 at breakfast! Ethereum price was dropping and I made my 2nd Ethereum purchase. I bought 15 ETH for $127.64, which after deducting the fees was $8.15 per unit.

30d94ee7b542c02543773809d178ce7e630ab499c4958f3a78ad8c3bde8ba344.jpg

It was past midnight on the 27th of December 2016 when I made my third Ethereum purchase. I paid $99.08 for 13 ETH, which was $7.26 per unit. Basically I bought the dip, as Ethereum was $3 cheaper than in  early November price. I had 40 ETH in my wallet and I was ready to HODL. The total investment summed up 347 USD.

138ec6a5134d1251dabbaa7666e10e61cd86e91d5423cfe04229d8d208649679.jpg

Selling Ethereum

March 2017 and it's a whole different story. I started to believe that Ethereum will follow the Bitcoin journey and will keep growing. I seen Ethereum value growing 5x in just 4 months and I sold 10 ETH for $463.15, at $45.56 per unit. This transaction covered the whole investment and I was $115 in profit. I was ready to HODL and wait for a better price , somewhere at $100 per Ethereum.

6901e83a1767fe807c099f2f031acf1dd711a5a68cdd0ff8c93a8a1a36d658c5.jpg

I did better then expected and didn't sold at $100. I waited patiently until June when I sold two batches and booked a birthday holiday in Tenerife, all inclusive. I sold 6 ETH for $1310.47 and 4 ETH for $1075.77, being more than happy with the profit. It was 2017 and crypto awareness was basically zero. I made three months of wages just by buying cheap and holding for half year. 

6d8cf2c8aa3d3966875f253f3aa0774df6d5f09c987fb2c13087b35224506179.jpg

I started to fear volatility and sold another batch of Ethereum, this time 10 ETH for 2021.98 USD. I invested some of the profit in Litecoin (LTC), Cardano (ADA) and shitcoins that now are long gone but I was happy with the achievement. I bought 8 Litecoin for $237, which I still hold as you read but everything else turned to dust in the great market crush of 2018.

6b699da3a6ee8feca6e5cd6d862057b8dceebec432f101310a516b9336a6051b.jpg

I am not sure if I was greedy or I wanted peace of mind! On the 25th of July I sold my last 10 ETH for $2,123 and when the crypto market shattered in thousand pieces, I was happy I sold when the price was that high!

73386a0732532ad335057f27a0e02637b1b27170b4ee2e0dcc73a016ea058670.jpg

I invested $347 in Ethereum in November 2016 and December 2017 and sold them all by July 2017 for $6973, making a 20x profit. I had a dream holiday, I bought staff for the baby and I was happy. Market went down and I stayed out of the Cryptoverse since March 2020 when I joined Publish0x. The crypto journey started again and this time thousands of opportunities were waiting!

Watching Ethereum

When Ethereum reached $1260 in January 2018 I was cool about it. Don't get me wrong, $50,000 is much better than $7000 but we cannot predict the future and back then it was just Bitcoin, Ethereum and Litcoin. I had no clue how fast crypto will evolve and I was happy with the profit. If you want to talk about life-changing money, lets talk about 12 May 2021, when Ethereum reached the $4,356.99 ATH. 

Holding that Ethereum for another 4 years would have been life-changing money! Four years are not going that quickly but ... what if? At the all-time high value, the 40 ETH I had would have been 174,279.60 USD! We are still talking about four years and 100% I wouldn't catch the ATH. 

eb9520da028858a7d5c9741e6efc5c8b0b36439aed30b24433e1c37416595de1.jpg

Earning Ethereum

I was able to earn Ethereum between April 2020 and June 2021, as ETH was one of the coins integrated in the Publish0x tipping system. In that timeframe I earned 1.75 ETH and HODL season 2 starts now! Dear Ethereum ... I love you 3000!

9b88cbc1ff712ecccb1ba0ec2434e91f077055202f626187eca3ed824d748281.jpg

Residual Income:

PVMihalache Amazon Books

DeFi bounty at CakeDeFi with $30 DFI for new users

The fountains: PipeFlare ZCashGlobalHive ZCash  & Get.ZEN

Publishing bundle: Publish0xReadCashLBRY & Presearch

1fe05337f6d05b1a5ab3233773eb6d5799c887d5c35961d473c7216c4798fe00.jpg

How do you rate this article?


352

12

PVMihalache
PVMihalache Verified Member

Self-Published Author, Football Referee, Football Coach, Early Crypto Investor, Personal Trainer, Well-Being Guru, Open-Minded, Traveller, Social Media Enthusiast, and many more...


Mind Puzzle
Mind Puzzle

Think! ... it's still free! An amalgam of cryptocurrency, science, arts, news and other manifestations of human intellectual will be published on this blog. Sometimes I will add my personal opinions or midnight revelations

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.