⏺Potential $60,000 profit I lost in the last 2 weeks.. Part 1

in #steemit7 years ago (edited)

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No exaggeration. I could've bought myself an R8 supercar cash yesterday if I had just made the right decisions.

I had an opportunity to invest in a crypto currency called NEO 2 weeks ago. I was talking to my one whale friend, discussing every single day about it's progress. Discussing that it was going to have some major growth in the short-term.

We were bargaining that if the the price retraced down to a certain price, we would buy-up!

Time to make myself feel bad! :D
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At the time, the coin was just under $10. Check this out. You can see we had the opportunity to buy at $9.93 on August 3rd! This was 12 days ago.

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We had a plan to buy-up if price had retraced back to around $8. It never did. Check what happened only 4 days later.

$20 neo.png
It doubled. Literally. As you can see, that was on August 7th!
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This was Part 1 of the 2-part post! I will continue this story in the next post. Stay tuned! If you thought this was cool, then the next bit you will enjoy too!
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I could have bought it at 3 $, but I hesitated, because at that time I wanted more steempower... It is sad, but if you compare the chart with some other more famous coins, you will see similarities. Meaning jumping over 12 than 20, 30, 40, 50 in a very short amout of time, then only retracing very little before exploding more... I don't think you will ever get in cheap again...
if this ever retraces 50% I'm in

Love the way you put that brother!

So true hey. Yeah, it's a pretty hectic thought if you could actually have gotten in at $3! Would've been epic. Very valid point with the graphs. The only problem is actually identifying which one would do great before the time.

Talk soon!

If you keep this part 1, part 2 thing going you should always link part2 in the part1 after you have published part2... talk soon!

Dam bro that's the nature of the beast. No problem you will make it up in another trade.

Woah nature of the beast.. I like the sound of that! :D

Good to see you bro! Hope you're doing great!

I know how that feels and I have gone through that many times but fret not, crypto is still in infancy stage and quite some time away from mass adoption so I'm sure you will find another one that will rocket to the moon :)

So true! Great way of looking at it man. Thanks for that input.

Yeah it's just hectic because we were discussing it for almost 2 weeks, and then we missed it!

Talk soon.

That feeling is like.... Damn😊 I think it's always hard to know exactly when to buy cause it really is a roller-coaster.. Lol
I was thinking of buying neo but never did, bought litecoin instead.
Great post, and I'm sure the opportunity will flash before your eyes to buy neo 😉
Upvoted talk later

That feeling is exactly like 'Damn!' haha :D Always love your input Sara!

So true, clearing one's head is always the best thing to do. Being emotional doesn't create progress :) I didn't know you were into crypto? You bought LTC? Awesome!

Thanks my friend. Much appreciated :) Talk soon!

So true my friend 😊am I into crypto?.. Lol
I have bitcoin mostly and had etherium but changed it to lack instead. So you see I guess I surprised you again 😉 but there are so many different so it's not easy to know what to buy. So as for now I stick to those I know.
Have a great day my friend and talk to you later

Lol, I did that once or twice. Now if I see the opportunity I totally go for it. Its a good lesson :O)

Agreed, it's a brilliant lesson! Thanks for your input Uncle Boom :)

I suppose all we can do is simply move on. As tough as the thought may be, it's not like I will go back in time if we think about it more.. LOL!

Talk soon!

I could have bought at 5 dollars. Don't stress. Just stay informed and keep on grinding. Something new will come.

Imagine at $5 OMG :D

Totally right my man! No use is pondering on the past haha. I just enjoy it for the thrill of a cool story :D

Definitely! Let's keep grinding and other opportunities will come. Next time I'm in!

Talk soon.

And that's the crypto world man - up and down with major volatility!! Always so difficult to know which coin will truly succeed next... And if it does go up - where is the top??

Definitely hey! Then again, I'm sure if you just put a bit of money into 10 different small coins, that you will end up in profit.. It's super volatile, but at the same time, crypto has a nice tendency to purely go up lol! Love it :D

I wasn't following you.. But I am now :) Talk soon brother!

Haha - thanks for the follow brother!!
Yip, put some money in small coins - if 1 grows BIG it could cover the loss on all the others...
Or so the theory goes ;)

Well my theory is that I don't see the other coins necessarily losing :P So if one shoots up, then great! And then all the others might still make profit lol :D

True that!! Hopefully one doesn't "die" though ;)

Always like this brother. I have had experiences over not acting when I needed.

Yeah brother totally! We just need to learn and progress :) Let's do this!

Talk soon.

@enazwahsdarb - I can understand the pain. I bought Neo before rebranding (when it was ANS Share) at $5 and sold all share at $10. After that I was on side track from crypto world due to BTC hardfork. From past few days I also have same feeling. lol!

OMG! Craziness..

But hey! You still doubled your initial investment :) And agreed.. We can relate on the pain part haha. I like the story though!

I gave you a follow :) Talk soon.

I was watching Neo go up from when it was $10 too. Only issue was that my exchange didn't work with Neo so I decided against buying in. They'll be hundreds of chances like this near future, you'll get it one day.

So you know exactly how I feel haha! Yeah, I like the sounds of that! 100's of chances. Only problem is, how will we know which one will shoot like NEO did..?

Exciting times though! I am going to buy a supercar with my fortune when I have it, and I will make a Steemit number-plate! :D Can't wait!

I gave you a follow :) Talk soon.