I bought Zcash at 100btc... What do I do now?

in zcash •  8 years ago 


Don't laugh, I'm sure there are others on here that paid alot more. I had the chance to sell for X2 before the massive crash happened. Then I just wanted my money back.
Now I'm That guy with the sell order at 500Btc/zec...
Now it is crunch time and the big question of today is:
Do I HODL
(HOLD ON for DEAR LIFE)

CNBC.com

Or do I settle with my loss, sell and buy some Steem power?

That pump yesterday got my heart racing, but now Zcash is looking dead again.
Anyways, I like the whole hidden transaction address with ZCash, I think it has potential. But I really don't think the price is going to 100btc again.

Thoughts?


www.ccworld.it

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I had some stocks do that. I bought Commodore and you know how that turned out. lol

No, I'm not familiar with Commodore, please tell me your bad investment story

It depends on how old you are. Commodore made the "Commodore 64" and "Amiga" computers. I bought $5000 worth and then it went to zero. The owner at the time purchased the company and drained it for all it's worth while talking like he had great plans for it.

That sucks. You might as well hold on to it at this point.

I was thinking of doing that. As a suvenier of a bad trade

  ·  8 years ago (edited)

Don't laugh? Why not? Mistakes are often funny. I've lost BTC, all I can do is laugh, better than cry... LOL

Sell. It's only going down more. Why would it even be worth 1 BTC? Down down down...

Yeah, I've accepted it. Actually kind of laughing at it.
I didn't spend 100btc, it was more like 100$ but at this point that $100 is now worth about 1dollar. Ha.
Honestly I knew it wasn't worth 100btc, was just trying to be a weasel and make a quick buck

  ·  8 years ago (edited)

I would sell. Inflationsrate is practically infinite this year......it will take a while until zcash is worth even 1btc

Yeah, but I look at the marketcap and at the current price of 1.4, that only gives it a 4mill cap. I'm not sure if that is pricing in the newly minted coins but 4mil for this hype? doesn't seem right