Hello @unbiasedwritier!
I can say that I was lucky that I didn't lose anything, but also didn't make anything, I only covered my gas fees and little more extras. I invested in Bsteem which was really good at first yet the people who invested and sold as soon as it was enough for them to make profit was a great reason for the price drop and that's why it kept going down day after day. I would say it would have been more successful if people believed more and kept their funds or sold but one by one not all at once.
Thanks for sharing your experience.
The bSteem thing was actually a good thing, and it still is... no danger of real loss, but you have the chance to make a little bit. Of course, you can do so also by powering up on Steemit and voting, but this is a different way of using your Steem tokens!
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