My 9 month disaster. (The bitconnect effect)steemCreated with Sketch.

in bitconnect •  7 years ago  (edited)

               Good evening cryptomaniacs. Like many of you I'm a sucker for fast cash regardless of where it comes from, as long I can't go to jail. I would never sell a drug or engage in any illegal activity.  I have worked many jobs from digging ditches to bartending and Djin to my current profession. I have a taste for the finer things in life and want to sleep well at night knowing my family is secure. So when I stumbled upon this insane world of crypto last may, I was both shocked and all in. I'm talking balls deep. I have been in the markets for over ten years with minimal results. When I did my research and saw that some of these coins make gains in a day that blue chips don't make in a year, I felt reborn. Like Jon Snow after getting stabbed 5 times. Now,...everything I have done in life has come with a learning curve. I'm a fast learner but I learn through living it. I didn't know anyone in my circle that had a penny in this crypto market so spent thousands of hours learning the ins and outs, and trying to make the right moves. I bought 3 Bitcoin at 2400, 10 eth at 90$ and 243 lites at 24$. Now this is the reason for this blog. Like a donkey I sold them all when the too good-to-be-true Bitconnect lending site entered my world. 1% a day,... that's insane! I made a huge loan and like clock work, it paid everyday. I did the math on a spreadsheet and I would be filthy rich in 3 years. My kids wouldnt have to work. Then, after I felt invincible for 2 months,. Boom! It all ends. Like getting hit by a truck. I had a few days to go til my capital gets released and I would be a happy man. Oh but wait,.... They gave us back useless BCC coins at 363$ a coin. Bushit alarm. The price immediately dipped to 9$. Now I have 112 bcc coins worth very little. So like many others, I'm holding in the pipedream hope that the value increases. I don't see it. Do I stake Bitcoin next and make some more worthless bcc? Do I sell on hitbtc at a huge loss? How can anyone have faith in this company anymore? And don't get me started on Bitconnectx. Oh I forgot to mention I got burned by usi tech and hextra also. Yeah. I know what your thinking. What a toolbag loser. I'm thinking the same thing. My journey has been pretty brutal to this point. But I will overcome. I'm actually still up a bit cause I bought some good alts cheap. But my optimism is torn a bit.  Doesn't help the the us government hates their citenzens making money. Well Davor is still going strong. I have a small position in there and will reinvest everyday til I can pull some large profit but I will assume that money is burnt too. It will end like Bitconnect, just a matter of when.  This is the life of a sucker. A donkey. I truly believe that there will be a home run in my future but most likely it will come from an alt coin or an ico that moons. Bottom line to you newbie investors. Diversify, yet hold. Yes. Hodl. If I didn't sell my BTC, LTC, and eth I would be pretty happy right now.  But I will persist. I will hit a home run. I'm not out yet. It's a learning experience, and I will win. 

"I made my money in large part as a gambler. There are some days I make 20 bets. There are some days I make none. There are weeks, months even that I don't bet at all, simply because there is no play. So I wait, plan. Marshal my resources. And when there is a play to make. I bet it all."

-arnold rothstein- 

Don't be. Arnold Rothstein.  Until next time. Keep crypt'n 

       Scraps. 

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