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