Loosing Quarter of a Million $ doesn't seem to be big a deal!
Hey peeps, gone were the days when Steem was well over $8 and even traded at $11 in HitBtc. With ~$50,000 in Steem wallet and quarter of million across various other coins, it was all green,lush & kinda set for life. Hey, crypto can only go up! Though still at a profit coz we got in relatively earlier, it sucks be down 60%-70%. And the funny part is to make back that money yet again, we need to go up another 300%-400%.
Every ICO literally was x10 and making money was so easy, should have just dumped it all and went home happy. Well i kinda believe in the projects so didnt sell them. Consc!ence haha. Jokes apart we have to remember to not loose the long term vision due to short term volatility.
But another thing to take note is that over 50% of the ICO's have failed by now and every week new blockchain powered projects emerging , Arcbloc 3.0, Seele 4.0, ...5.0, its going to be really difficult to predict if the coins that we are HODLING or planning to invest in to still have a future or not. Are they going to die eventually like most of the other ICO's?
We still have 300M tethers waiting to do its job, so lets just wait for the bull and i guess it would be wise to cash out some tbh as i feel we haven't yet hit the bottom.
Technically speaking though im down over quarter of a million from the peak, it's really is not a big deal probably coz in the first place i didn't had that money to start with, those were the gains. Now life kinda the same as before, so i guess i shouldn't complain.
Also looking at a whopping drop of $5.1 Billion in MarkZukerberg's net worth in few hours following Facebook privacy fraud, loosing Quarter of a Million $ doesn't seem to a big deal.
Hope he is okay and as far as crypto is concerned we will recover again. Tether Gods save us! Get us to $5 Trillion.
Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens: 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2
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STEEM is still looking golden for the long term in my opinion
hodling mate yeah😎
same view here too there might still be room to go lower, unless the big volume push come in. Let see how the trend goes. //wish i got to know about steem earlier haha wish i got to know about btc way earlier
I wish too mate haha.. Well steem was once 12c..Didnt know about it then ahhh!
hi5. well if steem hit 50 then we are glad we got in early =)
when did you get in steem ? and why ?
Great post...
Upvoted
Followed
Resteemed
Please don't lie next time, he will catch you!
Xori I forgot...
Was Nt lying
nice piece of information. thanx for sharing the valuable news with us . I hope we will see steem at at least 20$ by the end of 2018. just waiting for the bull phase :) fingers crossed.
Interesting to think where crypto will be even just 1 year from now. Thanks for sharing!
True that, but hard to predict which coins would that be...As you can see most of the ICO's have failed.
Interesting post @amrashchandra, I pray that crypto should get quick recovery to 8$ haha. Thanks for update. How are you doing today sir.
@amreshchandra sir,I dont no much abou this post,because steemit just confirm my signing. I joined steemit through @princefm, and i wish i learn from you sir.
Nice bro @adewunmif and cheers @princefm..Good luck to both of you. Bring in more friends peeps
Thanks sir, I will bring more people in By God's grace. Looking forward to see more of your post sir.
Abi oo. ICO's have failed seriously.
Interesting Good work brother
thanks :)
I think you should complain cos u waste time earning it even if its a gain
complain to who haha?
This dip has been on long enough. Seems you have enough fiat to last you till whenever the dip ends.
Even now, Tether cant save us all.
I see you dropped your Bitcoin wallet, can I drop mine too? Or you just send me some steem your app. 50k makes my 3 shy. Lol
i think you didnt read it proper mate...to rephrase im kinda rekt right now and waiting for recovery
My bad. re-reading
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