Lessons I Learned Investing in NEO

in #threespeak5 years ago (edited)

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In this clip from my recent livestream, I share the lessons I learned investing in NEO, the Chinese smart contract platform and Ethereum competitor.

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@louisthomas, Many follow just words and hype and do attempt mistakes. It's really important to take vigilant steps in Cryptocurrency Space, contrary to this only experience brings that maturity. Stay blessed.

Downvoted for disagreement with reward and lack of engagement with your audience. You make good videos and you are very knowledgeable in many cryptos (not the Chinese ones by your confession). It would also be nice if you didn't Power Down. I see the way things are changing around the place, it is just a matter of time before more investors are going to get excited.

Same here. I don't really mind when a high-quality crypto influencer is being rewarded on Steem, even though the same content is available on other platforms already. However, the constant power-downs and most likely selling do make Steem look like a cash-cow.

I hope you learned from your lesson...
Anyway i will say before investing we should thinl goodly.Because one mistake can be cause of big lose.
So need to think goodly before taking any decision.I did some lose some days ago in some coin and pack also.
So i learn from that.anyway thanks..for sharing..
Have a nice day @louisthomas

I think it's good to invest in a few coins. This is useful to prevent if there is one coin that collapsed, there are still other coins in reserve. NEO is a good coin to invest.

In a few years: what have i learned not investing in steem (even though i was posting there every day).

Great post. Very helpful!!!

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Is Neo gone? I believed in it till now, may be the altcoins that look promising today would have the same result? This video really got me thinking about altcoin investments

This is great. I believe this current market consolidation is turning dapp chains into commodities in the world of the crypto community. I owned Neo for a long time. The gas accumulation was great and I sold on the second high, but I've since ditched their chain and their "narrative" as you say.

I think this logic may have held true for NEO had it not been for the decentralised aspect. It's irrelevant that it's a a Chinese project if they can't use that to weild control like they can with regular companies. Still hoping NEO will do well though!