You are viewing a single comment's thread from:

RE: After Initial Failure - My Last 30 days To The Moon in Cryptocurrency!

in #vincentb7 years ago (edited)

An inspiration to others. Im a bit curious as to why you regretted buying into NEO, though Bitcoin rose to $10k, will it actually be a greater increase in %%% profit over the mid-term as compared to NEO or other lower valued coins? I really don't think so.

Like you, I have never been more excited since learning about the revolutionary blockchain tech and what it really has to offer. I had the chance to be swimming in 1000s of dollars profit right now but I acted slowly regardless of my fairly abundant knowledge of cryptocurrencies and the blockchain tech. I haven't really regretted anything as we are just starting to tap into the applications of the tech so in the few years to come we will witness some vast exciting and innovative projects.

Sort:  

Thanks for the comment. Appreciate it. I didn't regret buying NEO as I am a huge believer long term, but I regretted going all in on NEO (Selling Bitcoin, Ethereum and Litecoin )right after it pumped from $1 to $58 thinking that $30-$40 was an amazing price (down from $58) not expecting it to drop all the way to $13 and slowly recover over months and months. What I expected NEO to be is happening, but for months, while other coins were increasing 5X, 10x etc... Bitcoin hitting $10k but then also quickly hit $15k and moving towards $20k I was going backwards without holding any Bitcoin, Litecoin and Ethereum. I looked at it from a business perspective vs understanding the crypto market, chart paterns with the expectation that NEO would go 10X sooner. I may end up right in my assessment given a longer time frame, but it was painful to watch and if I had Bitcoin and others, I would have had a lot more money (especially when my father in law asked) to pour back into NEO and other projects and be much further ahead. Luckily the past month or so I think made up for everything and am more excited than ever!!

Right, I got you. I don't think anyone stands to lose out of they can pick out the right projects.

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.028
BTC 63894.70
ETH 3178.14
USDT 1.00
SBD 2.63