Well. My logic is that I bought 13,000 Leo Miners, and 45,000 Leo. They were worth $150,000 at one point. Now they are barely worth $5,000 altogether. I can't honestly see more truer logic than that. Why does no-one talk about the epic losses of Leo?
You are viewing a single comment's thread from:
The "Epic losses" of LEO are no more "epic" than the losses of BTC, ETH, DOGE, HIVE, STEEM, TRX, Etc... Delusion is what makes you think they are any different. Why does no one talk about the fact that you could buy in for $0.21/ea back last year, and then you could have sold for double your fucking money the next month? Hmm? Why don't you talk about that?
Oh, because you look at it like something that should have raised in value by this point and since it hasn't, you've taken "losses." You fail to mention how much LEO those miners and the LEO you bought earned you. Did you not stake it? Did you not vote any? Did you not post with the LEO tag? If so, then your stake not growing over time was your own fault, not the markets. If you didn't sell off when they were so high, you chose to stay in for the "losses." That's on you... lol
The timeframe of when a crypto did what means very little if you're actually in it to win it. Sometimes it takes years. If you sell your shit now, yes, you take losses. If you hold on, how do you know it won't be worth $1million where it used to be worth $150k, but went down below $5k, so you sold because you "lost." What if we're a little more conservative and just say it manages to reach back to $150k? Then you've gotten the $150k you speak of and then how much did you earn actually applying the asset? How much did the miners earn you in LEO over time? It seems you are blinded by fear that it won't ever reach that again, so you're looking to pull out. That's why most people go broke in Crypto. Fear is a hell of a motivator.
Hive is now only worth a fraction of what it was at one point. Should you stop using it and earning it and investing in it? Does that make logical sense? Or does the idea behind the currency mean enough to you value-wise, to stick around even though it's a fraction of it's past value? Should you quit posting and voting simply because you bought in @ $2.00/ea and bought 100 Hive and now someone could buy your 100 Hive for less than $20 or around that? The points you make about LEO are points that would entail all other crypto being worthless money sinks. This flawed logic makes no reasonable sense. lol