Price is what you pay. Value is what you get - Warren Buffett. Dont relate the performance of the price to the actual potential of cloak. There a many cryptos out there that don't even have a working product, but are pumped to the max. Why? Because most people have no idea what they buy, they are just focussed on price. Cloak has an actual working product, an active community and a good development team. Focus not on the price today, but on the long term future potential.
You're right and you need to do it. But when the price rises you feel more confident, do you agree with me?
It depends what drives the price up and what the time frame is. If it's a sustainable price increase trend, then yes. If it's a short pump, then not. The prices of many cryptos are still being manipulated by large BTC holders, as markets are unregulated and liquidity is low. Look therefore on the long term price trend and not on today's price. Exactly 1 year ago, the price of cloak was around 0.12 USD, look where it is now. Imagine where it could be within 12 months from today. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” - Warren Buffett
Your words give me more confidence than the price increase)) Thank you very much liked your thoughts