Hello steemians, you read it right, I invested in different projects with with less than 10 000$ in the beginning of 2017 and at the beginning of 2018 my Alltime High versus the Dollar $ was more than 1 Million $ and now 8 Months later its less than 150 000$ worth! Anyways I have reached my first targets also with this big profit loss because my target was to make 100K which I lost in 2013/2014 because of the Cryptsy Exchange was down and my Whole Altcoin Portfolio was in a 100% Total Loss and I am happy anyways now because I have reached two times big goals with low investments and I will get to a bigger plan now to get 1 Million Dollar with my next plan!
So my biggest mistake was to not cash out in the big bullrun but thats life its hard and failures in investing and trading cost much money, but I dont know anybody who got such good results like me and thats make me happy to go with my plan further and search everyday good projects which are undervalued right now to extend my stake in the market which is in the badest situation pricewise now and I think that I will recover my losses in the next 24 Months and get my first Million $ with my Work and Know How in this Space!
I am glad to see here other people which are smart invested in bad times of blockchain because we longterm believer and investment gurus know that the next bull run will come soon or later and make all losses to big sick gains and whoever will invest during bad times will be the winner later but the looser now ;)
You can follow my Journey in the Blockchain World now in Steemit and also soon on Dlive! Lets make together the World better and educate other Noobs to not invest during Bullruns and Alltime Highs but when the Market is down like now these Days are the best to beginn to go to the Blockchain World because when the next big Bullrun will begin its time to sell and not to buy then to wait the next Bear time to rebuy all again and that is what I will do in the next 24-36 Months!
Conclusion of my Mistakes:
- Not selling during big bull runs
- Not buying during badest times
Disclaimer: I will never give any investment advices to buy or sell crypto currencys or other Assets, all what I say is based on my experience since 2013 in the blockchain field, its only my opinion and it can be false, so you can risk a total loss of your money if you try to do what others do and you dont know what you are doing, so you have to educate yourself before investing real money!
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That's tough but I think there are a lot of rich people that never sell. It will be unlucky if another bull run doesn't happen and then you'll be doing great. I thought I was clever, buying some NuBits, that were supposed to be pegged to the dollar. Unfortunately, the peg broke and they're down 90%. I was going to buy Tether but was put off by all the FUD. That's my lesson from the bear market, lucky I didn't put too much into NuBits.
thats right, now we are looking like complete idiots, but I am sure time will come where all this will get us bad ass results later! Whoever has Fiat now and will start to expose the market will be on the winner side in my opinion of course! I also never trusted tether or other pegged assets but now we have some good solutions like BITUSD or WavesDollar which are stable Currencys which I trust more than Tether or others.
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Hmm, if you didn't want to cash out in fiat you could simply have changed to Tether :/.
in tether or Dollar thats the same a Cashout!
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Welcome to Steemit!! This is the link to my post. Upvote if you like it.
https://steemit.com/poetry/@cherrythinks/echoes-poem-4-death-for-life
welcome to steemit incomeblogger. good luck and have a great prosperity
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Greetings from Brittandjosie from the Netherlands I saw your #introduceyourself and its nice to meet you. Every loss had its gain because now you are here. And profit Will come to you !! For safety tips visit https://steemit.com/steem/@verhp11/safety-first-first-aid-kit-for-steemians-who-are-just-beginning-this-great-journey from Our fellow steemy @verhp11.
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