[tptacek]

Whatever works. Just realize you'll have a lot to unlearn when you get done working on those projects, like the fact that your real rate is anywhere from 1.5x to 5x higher than you've been getting.

Also not sure how advisable it is to set up a stable of recurring/referring customers on a rate established in competition with the types of freelancers that frequent those sites.

[bryanlarsen]

Yes, you're going to lose some of those early customers as you keep raising your rates. Most of them have some really bad experience with lowball bids that they'll stick with you quite a ways. As always, it's the referrals that matter most.