A sad and minimally insightful story about how my 920 period 0 EOS tokens are gone with the wind

in #eos7 years ago (edited)

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Oh EOS tokens how I waited for thee… I read all about the project and the mechanism outlined in the white paper that would lead to your ascendance. I watched your creator, @dan, speak so fondly of you and describe the super powers he is planning to endow you with.

The day came. Being new to crypto I allocated a non-trivial portion of my salary, fought a victorious battle with the metamask interface and sent the 3 precious ethers on their way to lead you back to me.

Everything was going well, really well... Period 0 ended and for a brief moment I had you in my wallet! Ah the sweet memories!

And this is when disaster struck. A stunning realization crossed my mind - "Oh @rad1 you fool, look what you have done! You sent all this money in with everyone else on planet earth rushing to the ICO and the price is so high! @dan's pervious creations, Steem and BitShares, have a capitalization of 440 and 680 million USD respectively - there is no way an idea alone, even if it is backed by an outstanding team, can be worth north of 800 million USD on day 0! Quick, transfer the tokens to an exchange and sell them before the price crashes and buy more when it does! You will own more of this fabulous enterprise!"

After the deal was sealed on Kraken, their initial email came out notifying people that EOS trading was now available... BOOOM! IGNITION! ROCKET TO THE MOON!!!

And that is my sad, sad story that I have obsessed about the last couple of days. Not only have I missed out on the financial gains, which with all due respect probably in the grander scheme of things are secondary, but I also missed out on being part from the start of the only ICO I really can relate to and care about! Also, buying back EOS now at the market price and watching its history unfold will have a distinctly different feel than observing the exponential growth with a 0.86$ per token starting point...

Ah but enough of the whining! What have we learned here kids? Greed kills. Having unrealistic expectations kills. More importantly, willing to get something for nothing is not only morally wrong but is also an unsound financial perspective.

But probably an even bigger lesson here is that when buying crypto you are in fact purchasing a part of a brave new world, a piece of a dream to be realized. And some ideas embody a potentiality powerful enough to warrant a price far exceeding what would be deemed appropriate if we only considered that what meets the eye at the time of the purchase. I would also venture a guess that it is exactly this relation between ideas (and more broadly abstract notions in general) and real world value that crypto establishes that makes it interesting in the first place.

And so fellow crypto adventurers, thank you for giving me an opportunity to share my story with you! May the cryptogods please accept my sacrifice of the oh so precious 920 EOS tokens and may I, through this experience, grow a wiser, stronger investor.

EOS, to the stars! And hope our paths will cross again one day!

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