Nxt is currently at 8th position in coinmarketcap and its a matter of time for counterparty and dogecoin to move it further down the list.
Nxt has been in the top ten of Coinmarketcap
continuously for a year. How many other cryptos can boat of that? Not many.
What's interesting about Nxt is that - of all the cryptos on the top ten for that year - it's the most innovative. Yes: I mean it's the most innovative of all of them.
What's really holding Nxt back is an emphasis on technology and ecosystem rather than marketing. It isn't marketed like a penny stock at all. How do I know this? Because I spent several years in the penny-stock arena. I've seen what real penny stock marketing is really like, and yes I can dig up real examples for a real compare-and-contrast session.
Fact is, Nxt is marketed by people who are techies at heart but not marketers - and it shows. Myself, I have absolutely no problem with this approach. It makes Nxt a "sleeper" that's going to come bursting out of the gate once professional marketers take it under their wing. That gives people like me, who missed the initial boat, a fair bit of time to get some while its price is more-or-less stable.
I don't see why so many people make so much noise about the "initial distribution." It's water long under the bridge: what matters is where it's going to go in 2015 and forward. There's a point when the noisemakers come across as mere grudge-holders, like a nonexistent stock-market punter who badmouths Facebook because its IPO was botched 'way back when.
Nxt is a coin that needs patience. You can't claim at all they're not delivering the goods: they provably are, at a surprisingly fast rate.
Do you know what gold penny stock I made the biggest dollar profit in? It's one I first bought in March 2009, and it went
nowhere for more than a year. I could have bought more in the spring of 2010 at the exact same price I bought at in March 2009. The company itself was reviving an abandoned mine, and I made my big score when the market finally seen that the mine was going to be a producer. That experience taught me a big lesson: a big score requires patience, a lesson I have to admit I learned the hard way. And I admit further that I had to re-learn the same lesson the hard way here, too. But that's the way it is: as the old saying goes, there ain't no such thing as a free lunch. To get big lasting gains, you have to be the patient person in the midst of faddists.
And it's hard - I know it is! As I indicated, I've had to take more than my share of lumps around here before this lesson sunk in for me.
Here's the best way to look at it, I believe: Nxt's long-term trading range gives you a good opportunity to buy in monthly - in a classic dollar-averaging way - until the core Nxters decide that it's time to ease up on the innovation sprint-race and finally put marketing to the general public on the front burner. Once they shift priorities in this way, then sit on what you got - and beam about being an early adopter.
Because - by that time - you
will be an early adopeter, comparatively.
