Q20 — Being An Early Adopter In Crypto Guarantees High Returns?

in #challenge30days5 years ago (edited)

No. Depending on circumstances, being an early adopter guarantees one of two things — prolongued state of dissatisfaction (if you didn’t pay for your new token) or a massive chronic headache (if you have paid expecting to be rich in a very short period)…



But it could get even worse. I’m going to give you one good reason NOT to crave too much for quick fortunes. You see, many of Bitcoin’s early adopters, who were “lucky” enough to gather billions overnight, or had many but dumped it thinking it will bust — simply went mad! Max Keiser, from our @keiserreport calls it Bitcoin Derangement Syndrome (BDS). He points out the cases of Matthew Mellon, Craig Wright — self-appointed Satoshi Nakamoto, Roger Ver — so called “Bitcoin Jesus”, Charlie Shrem (thankfully, he got out), and even John McAfee… Trust me, when cryptocurrency stampedo begins…

Human Stampedo-download_cr.jpg

…you will be better stay out of it. Have your SNAX or Steem and be satisfied with how much you have. Long ago, I have mined 36,000 of Bytecoin (not Bitcoin) which is worth $0.00095 right now. Thank God it will never be a hit, because I forgot the keys. But I have learned a few things out of that case.

Imagine SNAX at that Bytecoin level :)

https://snax.one/steem/lighteye

Snax with Steemit-2019-05-21_195114.jpg

Comment as you see fit!

* * *

Linked posts:

Q19 — What's The Most Profitable Scoring Round You Had So Far In SNAX?

Q18 — Do You Intend To Launch Your Own Token On SNAX? If Not, What Kind Of Tokens Do You See Launched On This Blockchain?

Q17 — Name At Least Three Steemians Who Are Not Already On SNAX, But Should Be There

Q16 — What Should Be The Price Of A Beer In SNAX?

Q15 — What Are The Next 3 Most Important Social Networks / Web Services Where SNAX Can Be Added?

Q14 — How Many People In Your Social Circle Know About SNAX? How About STEEM?

Q13 — Where Do You See The SNAX Ecosystem In 6 months? 1 Year And 3 Years? Why?

Q12 — Loosely Coupled Rewards Pool Or Strongly Coupled Rewards Pool?

Q11 — How Do You Interact With The SNAX Blockchain: The Chrome Extension? Snax Voter? Command Line? Other?

Q10 — What’s The Liquid / Staking Proportion In Your SNAX portfolio?

Q09 — What Will Make A SNAX Block Producer Worthy Of Your Vote? Or A STEEM Witness?

Q08 — Do You Vote For Block Producers In the SNAX Ecosystem? How About Witnesses In The Steemit Ecosystem? If So, For How Many / How Often?

Q07 — Do You Write For Other Blockchain-based Platforms? If Yes, Can You Try To Rank Them Based On The ROI On Each Of Them?

Q06 — What Are The 3 Most Plausible Use Cases For The SNAX token?

Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?

Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?

Q03 — What Do You Think About The SNAX Reward Algorithm?

Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?

Q01 — When did you first hear about SNAX and in what context?

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This is a text for the 30 Days Challenge hosted by our @dragosroua



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Rush for gold in modern times is less dangerous than in the XIXe century.

Less dangerous for physical integrity, @chrisaiki, but far more dangerous for mental integrity ;))

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