High RIsk - High Reward -
@nutidah Dec 5 - Crypto is a high risk high reward asset and FREE is another example. I have had a number peter out and be de-listed (value zero) and a couple moon. Due to bad combo of idealism and greed I did not cash out enough at coin moon peaks or market moon peak. That being said I am well satisfied with my purchases - best biggest money I have made with anything in my life, despite hindsight timing regrets.
Dec 2 CMC showed FREE MC at 88 million! This is nonsense. The way MC is calculated is price X coins and is obviously not going to be correct for start up coins on small exchanges - today FREE MC is 1.6 million! With volume 1 to 10k - this cannot possibly have happened. I actually doubt 1.6 million USD has been spent into FREE, but I could be wrong. This price X number of coins valuation is not entirely trustworthy for any coin. Over time though anything can happen with these cryptos, you never know. No one could have predicted ETH from $2 to $1400 or Verge 140,000% X (see Motley Fool article, I don't remember it exactly). Anyway, I do not see any harm in throwing $100 bucks at this coin, win some lose some. Obviously you cannot invest in only one coin. FREE can be a part of a larger portfolio and very well serve both the idealism of crytpos changing the world and increasing in worth due to use case, or hyped speculation. I think it was Buffet that said something like the market is a place that rewards the patient. If FREE goes up sell some off and take some profit. Use FREE if payment options happen. The FREE coin giveaway shows the creators idealism and does not deserve so much negativity IMO. As long as people don't bet the farm on this coin, I see no harm. If it goes to zero, oh well, so what, like that has never happened before? Good luck to FREE and all cryptos!