You are viewing a single comment's thread from:

RE: Cryptocurrency Will Be One Of The Biggest Stories In The 2020s

in LeoFinance3 years ago

You are absolutely right - but it was not an easy task. It was no fun to stand the crypto-winter and to see a lot of people rolling their eyes if you told them about your hobby. The people around here at the moment have shown that they stick to a sound idea also if things are turning in another direction first. The place will be (hopefully) crowded soon with a lot of people that also claim that they "..are here for the long term" and believe in BTC "..because of the technology and not because of the price" but it is not more than lipservice. Sorry, couldn't also resist ;-)

Posted Using LeoFinance Beta

Sort:  

I can tell you something about crypto winter.
My 1M dollar steem stake dropped to 14K dollars.
How about that?
To be even more fun; I invested $30K (fiat) in steem at $3.

Posted Using LeoFinance Beta

That is really a sad thing. I put around 1.25 BTC into steem in that Cryptowinter (another account) and on BTC Basis the loss quite is substantial and still increasing. However, there was absolutely no other place where I learned so much about that industry. It was kind of an investment into my knowledge that will pay out over time (I hope).

It is not easy to hand in the early days of technology. In fact there is great risk.

Look at video conferencing. Zoom is, well, zooming yet Cisco dumped a boatload of money in a decade ago. They did not profit to nearly the same degree as Zoom did who came much later.

Nevertheless, those who stick with the winners and remain true are going to profit greatly.

The challenge is which projects will be winners?

Posted Using LeoFinance Beta