Who believes that in the near future NEM will reach 10000-15000 Satoshi? We see a strong drawdown, but how can there be growth?
I remember when it was 30 satoshi... the step from 3000 to 10000 is smaller than the grow already happened.
In general, do you believe in growth to 10000 sat? How do you think, how soon will we see rapid growth?
Timing crypto markets is a fool's errand. All I can say is, if you don't have the patience or ability to hold through a sustained downturn lasting several years, perhaps this isn't the right asset class for you. Crypto is a long-term play with lots of short-term 'crashes'.
Thanks for your reply. In fact, I understand what will happen in the crypto world. NEM is certainly worth considering as a long-term investment.
If you think you understand the crypto world, you're very likely mistaken. The best you can do is position yourself so that you get the most reward for risk that you're taking, and making sure you don't run into a risk of ruin event. In general, when you're evaluating crypto, make sure you understand the asymmetry of risk/return and position your portfolio accordingly.
just waiting to your price point works best. no matter the amount of time. since i harvest, im in it for the long haul