Both I think.
Back then I had no faith in the alts, I was just trying to get a quick buck, didn't really care what they were about. Bitcoin for me was mostly a way to get stuff from the darknet :D. I had no experience or patience either.
Now, I understand that most alts are like companies in a way and the future is on the block chain. I also have a better understanding at how little marketcap cryptos have in the grand scheme of things. Also, now I have no fear really, I lost it all before, never had this much though to be fair. I just hope some of my bets will pay off big in a few years; got a couple of holdings now that are earmarked for paying off my mortgage :D