I feel no pain holding Factom. I diversify my wallet: some cryptos are for short term trading, FCT is a long term investment. To me, it's a safer investment than BTC at the moment.
Factom is different from most of the other cryptos on the Market. The Factoid- Credit entry relationship and relatively modest attitude of the Factom team make it hard for a lot of people to understand the potential, and additionally i do believe there are 1 or more big players that are keeping the price from breaking out of a certain range. All that makes Factom less attractive to pump.
For me this is the initiative with the most potential of all, because it is already adopted and used by businesses! All it needs is growth, and i trust that the Factom team can accomplish that.
When (to me it's a question of when, not if) Factom breaks out of it current price range, the whales will loose, shorts will be squeezed, and it will be huge. This could be months from now or years from now, but 1 thing is certain: the longer it takes, the more spectacular it will be. Think of it like a rubber band that is stretched longer and longer, and finally let go.
I'm in and i'll stay in to at least 0.02 - 0.03. And because i think this is a relatively safe investment, i have bigger bags here then in any other crypto.
BTW: everybody who is smirking at bag holders: i realized that the bag holders are the biggest winners of all! Any bag holder in Ether, DASH, Monero and BTC of course, is rich by now!
So here's my 'coming out' : i am a bag holder in FCT and proud of it!
Happy trading/bag holding
But...but.....what about my 126 Factoids??? I expected Factom to rise 11000%, like these other pumped coins, WHICH RE BEING DEFLATED as we speak.
I expected my 126 Factoids to bring me 5000 BTC so I can buy a house, car, dog, wife with big tits and a coffee mug saying "Fuck you I m rich and wont have to work till the end of my life".
Shame on you Factom for not providing this for me!! You suck!!
Now, let s get back to reality. This is just an example how an average green crypto holder thinks and acts. Unfortunately, life s not that easy. Even those who profited on Dash have been waiting for this for bout 3 years. Do you know how many people sold bags of Dash during this time, MYSELF included. So stop crying and be a man. If you care to wait, wait, if not, sell your shit and move on. Sick and tired of people crying on this thread day after day. @Kartaba, great post bud.