The best trade I had was when Maker and Ethereum were at a one to one ratio, I traded about 10 Ethereum for 10 Maker. Fast forward in time and 1 Maker = 5 Ethereum at its highest! I traded some Maker back into Ethereum when it was going down, about 3 Maker for 11 Ethereum, not bad.
Then I took a wrong turn....
I thought Steem had a great outlook and big updates were just around the corner. Well that is "true", but theres not really much activity beyond 30,000 people total in a day maybe(with 900,000+ inactive accounts I think it is).
https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-tuesday-august-6-2019
Going by the graph @penguinpablo recently published, we can see the Posts Per Day largely remains on a downward trend, while comments are low then spike(price was higher during that time) and dip back down as price lowers.
I turned my Ethereum into Steem at one point, and it was like a 1 Ethereum = 300 Steem ratio when I did it, now that ratio is like 1 Ethereum = 1,200 Steem or so.... Yeah...
Had I have just held onto my Ethereum I would be in much better shape. Though I am still not going to sell out my Steem just yet(you will notice my account is almost fully powered down). I am waiting for prices to go back up and to see if SMTs will do something for another year or two, and honestly, possibly 3 or 4 years. There really isn't any "killer dapps" on any blockchain that got tons of people playing besides CryptoKitties/Ethergoo/SteemMonsters/DrugWars(scam wars) and a few other small time games.
Bitcoin was my worst trade.
I think at 30 something, 70s and 130s, hell even the 1k sales were chump change compared to today's valuation. Buying a gaming computer with bitcoin wasn't the best decision either.
Basically every time I got rid of BTC was a bad decision.
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Totally agree. I was involved in the space a long time ago and had a very small amount of BTC. I didn't trade or anything, just bought some and hodled,then lost it!... pro tip, don't throw away your hard drive lol!
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Oh it's ok sir.. it's happened to many others here. Perhaps we should thank even the bullies here who drove dolphin's away. Retrospect can always make us seem like losers. But that's life; risks and some work out and some not. By a miracle maybe this will work out LOL
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Worst trade I ever made was the one I didn't make. I had over 10,000 smartcash that I bought while it was extremely low. I watched the investment value skyrocket to over $20,000. I had very little trading experience and I figured (facepalm) that this is the new reality and HODL. Over the next few days, I watched it deflate before my very eyes and today it's not worth much more than my initial investment. Oops.
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Ouch, holding is both great as well as scary as hell!
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Wow! looks like smartcash is really low now https://coinmarketcap.com/currencies/smartcash/
Usually when a coin has billions of tokens they won't be worth much. Looks like their max supply is 5 billion!... At current price your coins are worth 50 bucks. I think you win on the worst trade!
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Considering I bought with Bitcoin .. yeah, I should have kept the Bitcoin.
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Maybe after the story I told, you shouldn't listen to me.. but I think Steem will come back. Story is not over yet.
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I am still hodling hehe. Though I did diversify by putting a lot into Pal Coins
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It only takes 65 staked pal to be a dolphin, 650 to be an orca, 6500 to be a whale!
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My worst trade was KCS (Kucoin Shares). Bought them at 20$ each. Now they are between 1$ and 2$.
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yikes! I think KCS will go up when all of crypto goes up again though. Should be safe to hold that for a few years. I think the exchange is good.
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