You are viewing a single comment's thread from:

RE: AskSteemit: Did you survive the "crash"?

in #asksteemit7 years ago (edited)

Hmmm, I emotionally survived because of my general numbness, but I got a harsh one. I put half of my savings in crypto when I saw it rising, last year, but the fees cut my savings, leaving me 1/3 (because I made many wrong choices).

Then, it all went up and I was pretty glad that I had invested. Then it all went down and now I have less than what I started with... except that I did gain a lot in a few investments, so when everything crashed, I ended up having around 3/4 of my initial investment instead of 1/3, so I think that I'm pretty well off, considering.

Now I'm doing the same with Steemit, except I don't have any more money to throw into it. I'm just seeing what happens, trying to earn as much SP as I can, getting new savings here, and I'd say that I'm pretty ok, if a pretty anxious too because I really believed that the bullish market would continue for a few months in december.

(I'm dumbfounded that I read your whole post and wrote all of this in like 3 minutes, lol)

Sort:  

Nice reading about you crypto journey thru this bear market. For you to have 3/4 of investment left yet is really shows you are a smart trader. Most Crypto investor who bought a ATM were unable to save that much.

Thank you, and yeah, I owe it all to my dear friend who led me through some investments that exploded into 10x or more returns. Then with the bear market it all normalized, but I was able to keep a little bit of that. I'm still hodling, though, so I might lose a lot with another massive bear market. Let's hope that the prices rise instead. :D

Coin Marketplace

STEEM 0.24
TRX 0.25
JST 0.040
BTC 94127.71
ETH 3400.37
USDT 1.00
SBD 3.38