You are viewing a single comment's thread from:

RE: Project.Hope contest: Your worst investment experience

in Project HOPE5 years ago

My entry:

I have many bad investment decision in my life. Most if not all of them are calculated risks. Sometimes I make small profit, but when I loss, I loss the hell out of it. So, it's kinda hard for me to tell which was the worst investment I make when talk about money. However, I'm going to tell you the worst investment of time and intelligent, is blockchain social blogging, Dpos. For the past 3 years, I've spent thousands of hours writing, blogging, replying, I earned about 10000steems including SP. Got myself a nice airdrop of 7000HP as well. When I took out the calculator and start counting had I use the same amount of time in authoring post here, the earning is just suck.

Count Days
896 days
November 29, 2017 - May 13, 2020

For 896days, let's just put it as 8000hive, today's rate at 0.32, I made $2560....which mean I only make $2.85 a day...had I factor in the amount of electricity I spent on this, dude I had to sell my pants and probably my asshole just to cover the loss.

I know I'm a little toooooooo long winded, but let's give me a little more time. I am not particularly hate this social blogging thing. I made tons of friends here, and most of us are real good people. I really cherish the new make friends here(or there if we must separate the chains). So, #steem and now probably #hive marked my worst investment of my life, but I really cherish the opportunity I get to meet different people around this blockchain social media platform.

Sort:  
 5 years ago  

Entry 27

 5 years ago  

Thanks a lot for your entry. I also started with steem because of the money but it is not exactly the money making place as you saw yourself ;-). I really appreciate the people I met here and I think its worth the time and the money.

Because of all this virus stuff I started to change my strategy. Instead of reinvesting everything into SP, HP, I now change some of the liquid earnings into btc. Like that it is parked in a better store of value I believe ;-)