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August 27, 2017, 06:05:43 AM |
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Hello guys,
There is something that I see a lot in the mind of crypto guys, and I really disagree. Everybody is talking about scam ICO, scam coins, shitcoins, and useless project where you should not invest.
But in my mind you don't have to care about the project, because, as 99% of people here, you don't really care about the project, you care about the money that the projects can give you. And even if you are like me, really interested in the projects and the technology behind, you are more likely to be because there is potential money behind. Let's be honest, almost nobody would be here if there wouldn't be money to make...
The thing is, there are so many people (and I have been part of them) that avoid coins because the project seems shity or so called "scam", but it doesn't really matter actually. It's just speculation and you can earn a lot of money on a useless coin, and loose everything on a marvelous project, because you entered too early.
Take the example of Moncao coin (MCO). It's pumping hard recently, but when I bought them at the ICO, I thought I did a big mistake, because everybody was saying it is a scam project (and it is probably), but I earn a lot on the speculation of this coin. On the contrary, take awesome projects, like QRL (working on the quantum security that coins will have to face), or EOS (amazing platform for future blockchain applications). I did not earn anything from them (yet), because it's solid project that need time, or where people don't see the potential yet... etc
The thing in cryptoworld that is difficult to understand, but is the real truth in my opinion. Except if you want to buy some awesome coins and hold 5 years, there is no need to look for the best project possible, or fear the shity project. You just need to focus on the cryptomarket speculation and earn where you can, surfing on the crypto waves. I know that some of you will say that they only care about the projects and the technology, but I doubt that. Yes some projects are beautiful and the technology behind is really interesting, but if there would be no money to make, there would be nobody here to look at those projects.
What are your thoughts about it ?
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