Buying The Top .:. WorkerBee PH-Pool Week 224

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ph11021.3 Klast monthPeakD6 min read

It's time to share one of the life lessons that happened to me somewhere in late 2017, when my crypto journey was at the beginning, less than a year actively participating in crypto mining, but also ~~trading~~ speculating...

https://files.peakd.com/file/peakd-hive/ph1102/242YGP1PVhoNMQcuA9ZJrb8EnFtnLmbH3THPpYCHbgeM6JokasrKA1tEB9eMCEVkimeKa.jpg

Created in Canva.com

I had a short sneak peek into the BTC world in 2013, but after a few months, I rage quit and said that I would never come back to crypto... Obviously, I didn't keep my word... 😂 In early 2017, I began with ETH mining... Bought dozens of GPUs, and had my hands dirty in creating homemade mining rigs, accumulating those ETH tokens, and also, converting something into BTC too... Btw. At those times, BTC was around 1K USD!

That year was crazy, both my tokens went up like crazy, ETH and BTC... I was mining crypto with ONE friend, while all my other friends didn't believe in that and took me for a fool... Closer to the end of 2017, BTC went over 18K! And in those moments, another friend of mine decided to "trust me" and he bought a fraction of a BTC!

https://files.peakd.com/file/peakd-hive/ph1102/23swg4wKLnzpZHe8Nr7kKAdexprDE6P36iw2KczrBnnNrFP4vMdAmYQ7o8dhgaWHQxCuQ.png

the point when my friend decided to buy

The real truth wasn't that he trusted me... He trusted "the price" as it went almost 20x when I told him for the first time to check it out... If you were in crypto in those years, you know what happened in 2018... The worst bear market in crypto! I had such a bad time in life, as I didn't take almost any profits from my crypto hustling... The only profit that I took was reinvested back into mining equipment... On top of everything, I found myself responsible for my friend's investment! After he bought his BTC, the only way was down, until BTC went under 4K! His loss was over 70%!

The issue of "recommending" or "giving advice" is that if something goes wrong, the financial failure spills into the friendship and relationship... He sold his BTC around 4-5K, took the loss, and we lost contact...

https://files.peakd.com/file/peakd-hive/ph1102/23swg9r8TSDSKgpcgmvea6HAYsYEzV7ivGr9WtZjWTXDLKyRwGJnGcC2BnLdLWQGqk1gC.png

zooming out

What happened after that to the BTC price? If we zoom out the chart to the current day, it looks like this... That finger points to the moment when my friend invested in BTC... If he didn't sell, his investment would make 6X to this day! And probably, we would still be as good friends as before... I was wrong in the short term, but I was right in the long term... That is completely irrelevant and unimportant, as the damage was done...

Because of this, most of the time I don't share things about my crypto investments... I know that people should take responsibility for THEIR actions and I'm sharing MY VIEW about certain tokens/projects, but still, when the price hits the bottom, people search for someone to BLAME... And who is the easiest to blame? The messenger!

NFA

https://files.peakd.com/file/peakd-hive/ph1102/23tkbF4DcCGQEGiCeHeG4sUJewcA9b5MwubaESF9UnsbGiZjuEBo43Dsdseh7hKo2qwcG.png

Let's see the WorkerBee Pool numbers for this week...

This week, we have mined 93 BEE tokens in total!!! 6 tokens more than last time!

We didn't get new delegators this week, but we got new delegations from old members! Thanks guys! Appreciate your support!

This POOL doesn't have fees, and you get up to 20% MORE by delegating to it!

https://files.peakd.com/file/peakd-hive/ph1102/23tSx4CVkiWPo5RsE94gtszUK2NJ3ZpgHLmhpqmyRdYxgu6kjTmwMwPeufi6RmzRNtKZP.png

https://files.peakd.com/file/peakd-hive/ph1102/23tSxLi3r6sYMxBeqXvZmJ6JKxn1WPZV2V2GwEydoLZ8r61F6RM6RzzLvxaHW61hvLXQm.png

What about the bonus tokens?

It looks like the Rising Star game changes had some effect on the STARBITS token price as it's changed direction, and it's not the only down chart! From the bottom that was 2 months ago, it doubled the price in early May, and now it looks like it's having a pullback... It looks like it's printing higher lows, with occasional higher highs... Having in mind how shaky the whole altcoin market is, everything is possible from this point forward... I don't want to speculate on the price but rather continue playing the game, growing my token income in the meantime... That was exactly what I was doing in those "bad days" during 2018, and fast forward to the present, and it paid off!

There will be distributed 2.1 million STARBITS tokens to the delegators of the pool as a bonus reward today!

https://files.peakd.com/file/peakd-hive/ph1102/23y9F1S8nwkmmU43LkQw5FSWPA9VHAWYLtizEs3N26PUdKyXn84kBWoCCiWwKx8ny3HpZ.png

As always, in the end, let's give the exact numbers for this week... 93 BEE tokens and 2.1M STARBITS tokens will be distributed as a bonus... The APR (without the bonus) was 6.833%, and when we added the bonus, it went up to 8.177%!

I have calculated the ROI approximately with medium prices for all tokens when creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...

Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter, and we will find the best solution for both parties...

If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week, you will get your portion of mined BEE tokens and BONUS rewards!