My "Shitty" Investment Challenge
I was nominated by @enforcer48 to participate in @trumpman's My Shitty Investment Challenge, this is my entry.
Without a doubt, my shittiest investment has been Steem. I poured a lot of my heart and soul into Steem and the community only to have 170,000 STEEM stolen directly from my wallet and see it taken over by sock puppet witnesses.
After the Justin Sun & Ned Scott AMN (Ask Me Nothing) it was clear Steem was doomed. I immediately removed my delegations and started my power down 5 days later when the Steem Power returned. I would have been mostly safe from losing any Steem if it wasn't for a bug in Hive Keychain that canceled my Steem power-down when I tried to cancel my Hive power down. I lost about 4 weeks of power down time which would have allowed me to get over 90% of my Steem out. I did manage to get a bulk of my Steem powered down and sold as their theft from users took a lot longer than I expected. Many of us suspected it would happen at some point, but managed to get a few weeks powered down before it did.
I'm not that salty as there is still hope we will see our Steem and from Steem arose Hive. Hive has a lot more going for it than Steem ever did. There are some really exciting changes coming to Hive that will separate us from the dreaded just another Steem fork.
Most of my Steem value I got in Hive as well, and the price of Hive is still almost double what Steem was when it was stolen. That being said, I am a bit salty seeing Justin and his band of misfits raking in the Steem while the price still holds up. I know Steem will ultimately drop, but it will likely be a while. I hope I am as well as everyone else who had their Steem stolen directly from their wallets in a hard fork is able to get their Steem back and sell it for a decent amount before the price finally collapses.
What hurts me the most about this investment is the time and energy I put into Steem, the love and passion that was ultimately melted away the moment Justin Sun started to censor and steal from the user base. Without Steem we would never have Hive and I am thankful for that. I am excited to see where this journey will take us. I am confident we will go much further than Steem ever could under the direction of Ned Scott or Justin Sun.
I challenge @xxxxxxxxxx, @theycallmedan, @blocktrades to share their worst investment ever.
Make sure you check out the original post by @trumpman for the guidelines for this challenge.
Securely chat with me on Keybase
Posted Using LeoFinance
