Hey guys. I just wanted to tell you a little bit about myself and why I refuse to sell my CLOAK.First off, I'm not a whale I'm a college student. I'm not on the rich list, in fact I only have 500 CLOAK - which represents an entire two week paycheck of ~$450. I'm not even that well off; I may make around $3k this year (if you're confused on the math here, I make more over the summer than I do the rest of the year), which means that 15% of my income is in CLOAK.
I first became interested in CLOAK maybe 1-2 weeks before the bubble started after hearing about our coin's concept. I was VERY skeptical due to the prevalence of scam and pump & dump coins, but I slowly started accumulating coins as more and more white papers came out. By the time the bubble started I had ~50 coins and by the time we reached .00079 I made the impulse decision to buy up to 500.
Here's the thing, though: I haven't sold any of my 500 CLOAK. Again,
I haven't sold any of my CLOAK. Not at the first peak @ .003, nor the second, nor the recent POSA peak @ .002.
Don't get me wrong, I've had my doubts about CLOAK. But allow me to quote a post I made earlier:
You can't FUD away the value of real tech.
In the past I've tried my hand at a few different coins; I'm not exactly new to cryptocurrencies anymore. I first got into this for the same reason as the rest of you: to get rich quick. Hell, I've said 'to the moon' IRL more times than I can count at this point and I still love to tell average people about how I'm going to buy a car with a paycheck. However, when did I actually stand a chance at making that kind of money?
Simplified Rundown (of my more notable investments)Dogecoin: Ha...ha ha...ha ha ha ha ha. Currently @23 sat. (We were all noobs at one point.)
Darkcoin: Much more respectable. Did they deliver anything? Nope, the biggest thing to happen to DRK
(at least while I held
I'm not trying to bash anyone please don't hurt me) was the coin getting listed on Bitfinex.
Monero: Better still. Monero has several markets on Poloniex, which temporarily boosted its value. But has it delivered on the promise of anonymity? Not yet
(sorry, mixers don't count).
Shadowcoin, Keycoin, etc: Haven't delivered anything except promises.
The truth is that the Cloakcoin dev team has delivered more in 4 weeks than any other dev team has delivered in the lifetime of a coin. I realize that I'm already ranting, so instead of posting all of the things our dev team has done for us I'm just going to quote this GREAT post (please click the quote link to see the full post).To sum up for potential new investors.
I could honestly go on forever on this rant, but I'd like to wrap it up with the following observationA lot of the people here are willing to trade on any and all information presented to them and will sell everything on the least bit of bad news (see the Bittrex scandal that developed and ended while I was writing this post [cold stare at those who sold]). The hard truth we should all face is that 'any coin can go anywhere at any time' and 'no one can predict the future'. I have chosen to hold because I think that the Cloakcoin has the best dev team in cryptocurrency right now, and I hope you will too. I'll see you at the top - or the bottom