has there been any particular reason why sonm hasn't put much energy into marketing?
So they can focus more energy into bringing out their platform as soon as possible.That is exactly the reason, there is no use in marketing efforts when the product needs more development. SONM team is smart, and they will focus on marketing when the time comes.
For now, load up your bags. If you manage to HODL like your balls are made of steel you will be rich in 3 years.
SONM has been a very long term project from the very beginning, I don't know why anyone would buy into it just to exit early.
Because that's literally 95% of all crypto investors lol. They read in the newspaper how bitcoin went from 1 to 6K in less than a year and now they're all thinking they're gonna be the next warren buffet with 100$ investments. All they want is to get rich quickly and easily, that's why they sell as soon as the market drops, and they buy as soon as the market reaches new highs, just because they trade 100% with emotions instead of a plan. Then once they're lucky enough to be in profits they sell and try again with a different coin they read about somewhere. I don't think even 5% hodls for more than 6 months, let alone 3 years.
I use this formula when investing in ICO:
IF (actual price) > 300% (ico price)==>SELL (33% of coins) HODL (66% of coins) --> ORDER SUSHI WITH EARLIER PROFITS (& relax)
IF (later price) NEVER >1000% (ico price) ==> DO NOTHING with (66% of coins)
REPEAT PROCESS
Works for me...
That used to work, but not since ICO fever is subsiding, there is no value in doing this. Focusing on long term good projects will give better ROI.
