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RE: How I made $60k then promptly lost it all and ended up owing taxes I couldn't pay...

in #story8 years ago (edited)

After spending much of the weekend going over papers and websites I found a stock that had been heavily promoted. It was a small mining stock that was currently trading for $2 a share. It had been as high as $4

haha, I thought you were talking about Steem for a moment. :D

Nice story, can relate somewhat!

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Haha yea I guess it could be interchangeable had you bought steem around $2.

Really? What happened with you?

I had the bad luck of timing and trading them off way too early.

Expanse at 5-10k sat,
Darkcoin (dash) at 10 cents or something...

same with many others I happened to be mining but couldn't hold them long enough.

Oh man, that always eats at you... What do you think is worse, selling too soon and watching the stock/currency go up 10X from where you sold, or holding something too long and losing all of your original investment? Which one hurts more?