You are viewing a single comment's thread from:

RE: Are You An End-User That Wasn't Into Crypto Prior To Steem?

in #busy6 years ago
  1. One day in April 2017 someone I was teaching on the other side of the world asked me if he could pay me in bitcoin. Sure, I said, as I'd had only heard about it, and at the time there were a bunch of memes circulating about what a great investment it was. That same day I was watching a bunch of videos on cryptos, and I learned that you could actually earn one of them (STEEM) by making blog posts. So while I was trading the BTC I got from my student for all kinds of coins, I started accumulating STEEM by blogging.
  2. April 2017, during one of the biggest rallies in the cryptoshere.
  3. Being paid for blogging. One of my first posts got a curie curation of over $200 and since I enjoyed both the post creation process and the reward, I was hooked.
    4-6. I think I learned a lot trading cryptos. Quite proudly I rode the Digibyte pump&dump, made a boatload of money at the end of 2017, not because of my skills or smartness but because the general bull market. Then I fell into the Bitconnect trap, losing most of what I'd gained. Since then I've been hodling my dozen or so coins patiently, refusing to sell under the value I'd bought.
    However, STEEM is completely separate from all is: I've never bought STEEM, nor have I ever sold what I got. My current account is worth about $800 (though it had been $6000 at some point), all from my blogging activity. I don't really see a need to exchange it into anything else, either, as I like to power up as much as I can. (...that and buying Steemmonster cards!) So I don't know, is this hodling or investing?
Sort:  

Awesome, thank you