You know what? Some people doesn't care about the price, daily volume or marketcap of cryptocurrencies, they only care about the tech behind those coins. Plus it's not like more expensive coin is better just because of the value.
You may be in it for the money, JuanPabloCuervo may be for other reasons... Anyway I like his posts whatever the conclusion is.
Cheers!
But:
1. Free to lose
2. Free to win
Yes, I use "digital money" for the MONEY. I don't care for money in my life, but when we talk about (crypto) MONEY, yes, for sure I'm for the MONEY
Value is changing. Some said low value is better?!? WTF?!?
1. Value is not constant
2. Reward/Amounts are constant.
1/2 makes a ration. Let's call it REAL VALUE. With Value going down, REAL VALUE of a coin is going down. Every kid knows Bitcoin is too expensive and taxes are too high. The technology is impractical... big problems! And all kids know that the most valuable coin is Bitcoin. Why... Now you know. Yes. REAL VALUE.
Don't get me wrong. All shit coins are going down. They're just new tries of people being late getting in cypto-world. So am I... So I like shit-coins, but they don't have real value or usage. 99% of them will die in 2-3 years. About top 10 leaders - I'm not sure. For sure tokens will die as people will realize they're digital copy of FIAT. Centralized coins will slowly loose trust. So from TOP 10 I can say only 1-2 will make it long term. Bitcoin, Litecoin (maybe), Monero and so...
It's impossible all people to became rich at the same time. These shit-coins are highly risky. And highly profitable. So profit will be let's say 1:10. Some people will make 10x from their invested money. But they'll be 10% of all people in. Including some services as mining, MN and so... maybe we go from 10% to 5%. Isn't that a SHIT-coin?
To be honest I made some profit (1.5x) from CRDS. But I made hard and smart moves. And I was lucky I followed the news and the info behind them.
My long term HODL is in Bitcoin.
The whole idea of MN is bad. As bad as TOKEN idea is. Token to FIAT is as MN is to Banks. Thinking about MN I remember a song - "Money for nothing". In shit-coins this is impossible idea. As in reality a shit-HODLer must take a decision of holding MN coins and get some % profit, or to sell these coins in time (of mine for example). In reality this is not a perpetuum mobile and we see a normal negative trend of shit-coins. It's slowing down its falling as miners deny to mine bellow mining cost while MN owners sell their "free money". They're actually not free money as their initial coins ROI can hardly be achieved by time needed to reach 200% in parallel with the negative trend. I can compare it as "virtual ASIC" where people invest some currency (some real money at that moment) to make profit (similar to buy an ASIC). But the value of the "virtual ASIC" (I mean MN's coins) is not know in the future and most like it will fall over time. So when they're at 200% from the initial coins it's very likely the price to be 50% or below. So where is the profit in this natural balance?