What do you guys think of buying DECRED now, is the price too high, should I wait for a bigger dip? Since it has been going down a lot
Decred is still just a baby, with most of its growth ahead of it. Downside risk is much less than other blue chip coins given its relatively low market cap, and upside is proportionately higher, so there is the asymmetric investment appeal that has been proven to work in the cases of Monero, Litecoin, and Ethereum Classic.
Decred still has its biggest exchange listings in the future. Its governance system is still being fleshed out, but the process may bear fruit Soon(tm).
Decred's forthcoming bleeding-edge privacy overlay may be a game-changer given the high level of its developers' competence and tech savvy (Decred shares DNA with XMR and btcsuite).
Staking coins may enjoy their 15 minutes of fame when people realize the Masternode model is broken, failing, and simply paints a regulatory/kidnapping target on operators' backs.
When Dash, PIVX, and the other Masternode coins get busted by the SEC and local equivalents thereof, people may wake up and realize it is silly and counterproductive to pay operators who are too lazy to vote for/against proposals which are mostly failures and scams.
The flood of capital formerly pent up in Masternode coins will naturally seek out and find a place in staking coins, of which Decred and Cardano are the best in class.
Don't invest more than you can afford to lose, but do keep in mind the sooner you start staking the sooner your tickets' ROI starts compounding and the more influence you wield over the project's future.
