Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
gnostication
on 22/12/2013, 17:29:47 UTC
So many people here are treating AMC as though it were a real-world corporation.  It is not.

With typical valuation, you use a PE ratio of 10 or higher (generally accepted in the industry) on the assumption that your investment will pay off in 10+ years.  I personally don't anticipate most current cryptocurrency ventures to last longer than 3 years.  However, any speculation is just that: educated bets, at best.

I only "invested" because, rather than simply sit on the obvious deflationary-based increase in value that is inherent in the Coin, I wanted to help the ecosystem grow and *possibly* increase my Coin holdings in the process.  (Though any reward would only be the winnings of an educated bet.)

I only put in whatever I was willing to lose.  People who risked more than they were willing to lose are akin to compulsive gamblers, in my opinion.

Let the man (Ken and team) work.  Understand that it is completely out of your hands.  You invested for whatever reason.  Now let it be and wait patiently.

In patience, all good things may come.