and well not many maids sold at 3500. the ico price was 5500.. so at 25k we're only looking at 5x.. and how many ico holders sold on the way up thinking it would go back down.. and then.. it didnt. i got in late though. i watched it rise from 12k and decided to get in at 17k after i read about maid. i was confident that even at 17k my investment was safe.3 weeks later.. and its proving that to be totally true.
It's been so long, I forgot what the ICO price even was. I do know it was floating around 3500-4000 for like seemingly forever though. Last year it was 4000ish... same time this year it was 4000ish.
Longterm, you may be correct though. I just didn't want this guy to invest all of his birthday money off of a coin's high ... when it has gone up a lot already. A small investment, or whatever he is willing to lose... sure, it's up to him.
I tend to be naturally pessimistic with all cryptos, so assume everything is manipulated, what goes up, eventually comes down, and so on ... so take that for what you will. I'm also saying this as someone who still holds some Maid -- bought in at 5K, sold most at 17Kish (yeah, sold too early) ... then bought back in a small amount in low 20s. So I still expect it to go up, but not quite as optimistic as you are ... and who knows longterm.
It actually dropped to the low 2000s briefly on Poloniex before it before it started gaining traction. I was going to buy 100k more at that time, but the price went up before I got my chance. The ICO price for those who invested with Bitcoin was about 0.000042 or 4200. Mastercoin investors bought in for considerably less.