ASIC miners don't help either, but I hear you. I bought 10k EOS on the ico day one , when it started to collapse I sold all of them at around. $2 for a breakeven, man do I regret it now. Imagine if I bought $20k in eos at .50 when it hit the bottom, id be retired. Man crypto is all about timing and luck lol
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I grabbed my small portion for around 50 cents. I wish I would have bought more, 10k was my goal to get but I didn't even come close. It's a long term hold for me though. Yeah, asic miners should have been expected and even better ones need to be expected in the future. Thats inevitable. Plan around it, and dpos is a good route for that. It's hard to pick the really, really good coins.. what are you holding now then, besides ETN?
That's insane, you are very lucky. XRP at .05, ETN @ .01, EOS @ .50, man I haven't made a dime at crypto, haven't made a single good trade. I guess crypto elites like you are on another wavelength. Just a quick question, after seeing EOS collapse 90 %, why would you buy it ?? It makes no sense, its like buying bitconnect today.
All my investment are shit right now, but I am far so down, I cant sell them.
Bought TRX @ .20 currently .05
Bought GBX @ 50.00 + currently 8.00
Bought Safex @ .07 currently .015
Bought TZC @ .14 Currently .03
Bought Crypterium on ico @ $2.50 currently .90
Bought BWK @$15.00 Currently @ $1.50
Bought ETN @ .20 currently @ .02
Bougth BCCX @ $50 Currently ZEROOOOOO
Bought XVG @ .25 sold at .10
lol now I am homeless, living in my car. Enjoy those profit. I am sure there are plenty of others like me out there. I tried diversifying, but it didn't help. If I was you, id play the lottery. Look home many times I tried and I couldn't strike lightning even once.
oh ya,
somn @ .60 now its .20
ADA @ 1.00 sold for .50
embercoin - it went to zero cant remember what I paid.
You are buying at the wrong times. I'm sure you have seen the buy the dip memes and posts. You seem to have done the opposite yo. You are getting caught up in the peak fomo. When everyone is saying good things about it because it's went up astronomically lately. All those coins endured that.
EOS for me. I bought Steemit in my early crypto days on a fomo not knowing the coin split descision. It went down a bit and before I sold for a loss I went and looked it up. Decided it was at least useful, moved my coins onto here and have been reaping the rewards ever since. I went deep into Steem, then deep into bitshares. Then when I heard the guy who made it was making a new coin, I wanted it. But since I'm from the us I had to wait for it to be on an exchange. And then I just kept waiting and when it fell it fell to 50 cents and just stayed around there for a while, I decided that was the low and just grabbed it. Dan larimer is a solid blockchain developer, just knowing he created 2 of the top 50 blockchains was enough for me. Now I know more, and EOS is going to be an awesome blockchain.
You just gotta hold on and not sell for the loss unless you can clearly justify why it will not go back up.
I grabbed some crypt myself and am still holding it. It will go up still. A few of those coins I have never heard of though.
What inspired all those purchases? Good articles? Green charts? Research?
let me guess you got crypterium at the bottom as well ? lol, man no offence to - but I wish guns were easy to get in Canada, because I would have ended it all so long ago lol
Lol, baah. I got it early in ico. but I have lost money on it so far.
We haven't hit anywhere near the peak yet. Things will get better. As long as your still holding coins and you didn't sell for a loss to get back into fiat, you will be all good.
Coins with actual use cases and some form of working products are what I decided was the best bet.
LOL I continue to buy, and spend what I mine on buying more . No plans to sell until I can buy a trailer or something to live in.
videos, reading white papers. fomo. As I said, I bought everything at the height of the market in mid December. But there was so many people saying the market cap was going to go to 3,4,5 trillion so I didn't think that was the peak