Give it time... PoSA has been out what, since yesterday?
Come on now...
I only recently realized that crypto (at the stage it is now) is primarily about patience. Like any investment strategy, crypto will mature and everyone who has their neurons in order will understand that investing in crypto takes a
mastery of patience.
All the immaturity in this forum is just a product of people who
haven't learned to master their patience, yet. Many will, many wont... but the hyper-developing world of crypto has agitated those who aren't very skilled at controlling their patience. Crypto may suffer growing pains because these people can't be patient, but those who understand the importance of patience will understand how unimportant all these immature posters are to the bigger picture.
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The problem is that cryptocurrency has not rewarded patience. If you just buy an altcoin and forget about it (the ultimate patience, right?), what are the odds you will be rewarded. Well if you bought DRK or the handful of other really successful coins, then you were rewarded. Otherwise, not so much. So people don't want to miss their chance to sell.
I'm not sure what you mean. Help me out, if you will :]
Are you saying that the
odds crypto will reward patience is unclear if you just buy and hold just any coin?
That's a tricky point you're offering... I think I should bring Cloakcoin back into context, so it's easier to understand (hopefully).
What if you had said:
"The problem is that Cloakcoin has not rewarded patience.".......?
Well, Cloak has exceptionally and continually demonstrated its ongoing success. That shows that our patience
is likely to be rewarded.
And back to the bigger picture... many coins have failed, but many coins
have made massive returns for patient investors. There are plenty of factors to be considered... Which coin you choose is up to you... but as far as crypto in general... I think I see your point but your statement should look more like this:
"Successful cryptocurrencies have not rewarded patience, yet."...and smart people know this. They can figure out why Cloak is a top-tier crypto-investment and worth the patience.
But it does make me think... how could we further incentivize crypto to reward patience?
