I feel no pain holding Factom. I diversify my wallet: some cryptos are for short term trading, FCT is a long term investment. To me, it's a safer investment than BTC at the moment.
Factom is different from most of the other cryptos on the Market. The Factoid- Credit entry relationship and relatively modest attitude of the Factom team make it hard for a lot of people to understand the potential, and additionally i do believe there are 1 or more big players that are keeping the price from breaking out of a certain range. All that makes Factom less attractive to pump.
For me this is the initiative with the most potential of all, because it is already adopted and used by businesses! All it needs is growth, and i trust that the Factom team can accomplish that.
When (to me it's a question of when, not if) Factom breaks out of it current price range, the whales will loose, shorts will be squeezed, and it will be huge. This could be months from now or years from now, but 1 thing is certain: the longer it takes, the more spectacular it will be. Think of it like a rubber band that is stretched longer and longer, and finally let go.
I'm in and i'll stay in to at least 0.02 - 0.03. And because i think this is a relatively safe investment, i have bigger bags here then in any other crypto.
BTW: everybody who is smirking at bag holders: i realized that the bag holders are the biggest winners of all! Any bag holder in Ether, DASH, Monero and BTC of course, is rich by now!
So here's my 'coming out' : i am a bag holder in FCT and proud of it!
Happy trading/bag holding
