Palcoin, Claimdrop and the Big Price Drop: How My Dreams About Palcoin Came to an End with the Sudden and Massive Price Drop of Palcoin

in #palcoin2 years ago

arms-crossed-black-and-white-black-and-white-1927571.jpg

Source

Who doesn’t like to get some free money? Specially, the people like me who don’t get to earn much from their post. As a member of ‘PAL’,I was so excited about the launch of Palcoin and the claimdrop. My name was in the drop list with the other 16,000 people.

I was counting how much Palcoin I will get and how much money I will get from it. First, I thought I will get $60 worth of Palcoin.I will use that money to buy some Steemmonster card so that I can increase my rating and I will spend the rest of my money for buying Steem and increase my stake on Steemit.I thought I will keep some Palcoin in palnet.io as my stake.

Then yesterday evening I finally claimed my Palcoin.I saw that I was holding $10 worth of Palcoin.It was not anywhere close to my expectation. Yet, I was happy.

But then today I wake up in the morning and a very sad thing happened. I saw that my Palcoin just worth $2.This time I realized that all my dreams have got crushed.

"What am I going to do with this $2 and maybe the price will drop even further? Within a short while it will be just a few cents."

I went to our community discord server. I mean of course the ‘PAL’ discord server but not any other community server and started discussing this matter.There I met @juliakponsford. She told me that among those 16,000 people everyone started selling their share as soon as they got Palcoin which caused the price drop.

I became outrageous. I just couldn’t expect it. I knew it would happen. We never had 16,000 active members. They were all waiting for the opportunity to sell their tokens, take their money and leave.

“I should’ve sold those Palcoin yesterday. I told myself, then why didn’t I?”

I don’t know why, maybe I just wanted to hold my Palcoin for a little bit longer, maybe that was it. Now all I know that I shouldn’t have dreamt about the free money of internet. I shouldn’t have dreamt of buying some Steemmonsters cards. I should have sold my tokens as soon as I can.

Then there was @juliakponsford and some of my other friends who tried to make me feel better.

“Oh,come on it was free money…” said Julia to me.

Yeah, it was free money. I know it was free money and I didn’t work for it. But all I know is that my dreams have been crushed. It is right,I shouldn’t have had any dreams about Palcoin.


Thank you for reading.Support me by upvote,comment and resteem on this post.


City Photo Tumblr Banner (1).png

City Photo Tumblr Banner.png

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by philipkavan from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

You got voted by @curationkiwi thanks to philipkavan! This bot is managed by KiwiJuce3 and run by Rishi556, you can check both of them out there. To receive upvotes on your own posts, you need to join the Kiwi Co. Discord and go to the room named #CurationKiwi. Submit your post there using the command "!upvote (post link)" to receive upvotes on your post. CurationKiwi is currently supported by donations from users like you, so feel free to leave an upvote on our posts or comments to support us!
We have also recently added a new whitelist feature for those who would like to support CurationKiwi even more! If you would like to receive upvotes more than 2x greater than the normal upvote, all you need to do is delegate 50 SP to @CurationKiwi using this link.

Hi @curationkiwi! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect 50.0 SP delegation to @curationkiwi.

This post has received a 3.13 % upvote from @drotto thanks to: @curationkiwi.

I'm sorry this happened to you ... hard lesson to learn, I know.

Maybe you can earn more here ... try looking up "50 highest paying tags" in the Steemit search. That helped me do a bit better, just knowing what tags have people interested in reading and upvoting. Be careful, though... make sure what you do fits the tags you choose, or you may get downvotes.

Heioo. Think about people bought bitcoin at 21000 $

It was free money so you lost nothing.
Leave the $2 there and wait.
The same happened with me here. I never was able to collect it because I did not know how. No one gave me a hand so I left.

I returned and started freewriting and joining contests. I am.doing better now. I commend nearly whole day on, upvote, join and post but what I earn is less, very less and I am over 1 year here now.

Also strange things happen. Finally 501 sp I power up and have 508,, yesterday 648 this morning also and 2 hours later again 501 sp. It beats me why.

I plannef to make a bit to buy a present for my kids at the end of the year but even that is not possible.
Still I am here. ☘💕