Most of us here are invested to some degree in the near –or not so near- term future of Libertycoin. And most of us are “veterans” of several months trading, investing, etc. in alt coins. For the most part, most of us agree that, like in most things in life, in order to be winners, in altos, there has to be losers. I have always hated that “foregone conclusion” because, well, it doesn’t have to be true. Not at all. We all can be winners and no one must be a loser. It is not imperative that there have to be bagholders whose investment have been decimated in order to be big winners. Case in point: Libertycoin.
With just over 2 weeks trading, this coin has achieved unimaginable success and those early to the party, like Troiste, are deservedly sitting on verry significant unrealized (and maybe some realized ones) gains. Those are the big winners, of course. But many of the rest of us bought in the 5k’s, 10k’s etc and traded for very high profits and still sit on nice positions that, even if deposited at Cryptsy, are staking already that nice pittance (for now) that comes with the territory.
Libertycoin is trading currently around 15,000 satoshis and I don’t believe there are many reading this that have much doubts about the big gains that we are facing straight ahead. I don’t want to put a figure or a percentage as a target but it is hard to imagine that Libertycoin won’t pass in market cap the likes of Blackcoin or Mastercoin in the very near future… well, if that is to happen, we are looking at a quick 11-15-bagger, even at the current rather deflated prices.
It can be a life changer for many of us if we really grab the opportunity.
But, good as it sounds an 11 to 15-bagger or better, that would be only the beginning. No mass adoption, no mainstream use, not even top dog in crypto, just a run-of-the mill Blackcoin-like success (at the deflated price). If Libertycoin were to reach some level of penetration in the real world, then the numbers would go instantly or near-instantly stratospheric with many more “baggers’'than 11 to 15. Many, many, MANY more. And that's not even cointing what =to me at least- is an inevitable resurgence in the price of Bitcoin itself, already seemingly in progress after months of downtrend that, again in my opinion, will take the oldest cryto above the $1,000 mark by August or earlier. An increase of such magnitude would, of course, reflect nicely in the price of Libertycoin, on top of everything else.
Now ask yourself this: Which other coin out there present’s you with such an opportunity?
I just wanted to bring this home for now. And yes, of course, some of us will be quite content cashing in along the way, that goes with the territory. But, remember, there will be NO LOSERS in Libertycoin. Just winners.
And those who chose to let the opportunity of their lifetime, go. And even them did it after reaping significant profits before jumping ship.
+1000
I agree with Barabbas. I would also like to add that it is fun to watch the price increase, and I know many of you day trade. However, quite a few of you are making a big mistake by selling your coins for pennies on the dollar. Libertycoin will reach well above $1.00 per coin in the not to distant future. If Darkcoin had a baby with BlackCoin, the child would be Libertycoin. However, Libertycoin has significantly better branding appeal and better marketing potential.