But that's the chicken and the egg problem for sure. Even if someone likes Magi, getting in with a large position doesn't make sense because you can't even get out properly if you wanted to.
Seems to be a problem across lots of small alts right now, if history repeats itself and there is another rise - there will be enough fund to sell into, but I guess for now its a bit of a gamble
I've still been buying on the way down, if I lose, I'll lose.
I like your attitude I think the same way, buying some alts where I really see potential and if it doesn't work out, it doesn't work out
I'm lucky to be in the position that I can buy alts from profits out of trading other alts (sign campaign helped a lot in the early days too), most of the original fund came from mining magi and it has been one of if not the most profitable alt for me - so I'll certainly be supporting it when I can even if things are a little stretched at the minute
That's indeed a lucky position. If you put hard earned money at risk that you are actually dependent on, it's much more difficult to survive the hardships that inevitably come with crypto.