My Biggest Loss On An Alt Coin - LBRY

Hi Everyone,

Have you ever bought a coin and in the end you are left with virtually nothing? Well this is has happened to me and still happening. There is always a saying to put money you can afford to loose when you are buying crypto. This was when I first started Steemit or around that time and saw a platform similar to Steemit called LBRY. It’s aim is to share content people created which I thought it would have potential (newbie thinking).

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Well I didn’t spend much but I did spend around $50AUD at that time and got 50 tokens. I remember it was nearly $1 each and like Steem would be a start. Oh well, let's see what I ended up as of today. Yepppp! 96% loss and it is now worth $1.57USD! Looking no the bright side I didn’t loose too much but then I really didn’t have to loose that money right?

There are a few things I didn’t do which is considered a newbie mistake:

• do enough research on the token
• Just simple believe what I saw without waiting out a bit more

To this day I still have these coins so lets hope I can recover these money back someday …. if ever!

Thanks for reading