Oke let's see. I'm holding my btc for months now (before Doge, nice community, but i'm not into crypto to lose money but to save money). So DRK appeared on my radar a few weeks ago (still kicking myself from not bying) and I purchased a decent amount a couple a days ago.
My only concern is: why wouldn't it crash like ALL the other altcoins did, that's the only reason why i'm not really into altcoins and was/am a big bitcoinbeliever. But I could really see Bitcoin as the big brother and DRK as the anonymous little brother.
I really love the concept of DRK but I'm just concerned about the fact that all the other altcoins have been pumped and dumped.
Could someone convince me to HODL! or even buy more...
Mate, I've been here from almost the beginning. If there is one thing I'll tell you honestly, it's that the coin is being pumped. That is the truth. Anyone who tries to tell you otherwise is lying to you.
I have quite a bit of DRK and I've made some money off it. Just don't listen to people speaking good tidings. This is reminiscent of the vertcoin pump in february. Don't get caught in all the hoopla.
What's surprising is the sensible regulars who I thought wouldn't get caught up in the "to the moon" craze are also cheering people on in this pump.
IMO what puts the lie to the "this is just a pump" statement is volume. DRK has seen multiple $1M+ days and topped out at almost $5M volume in one day. Vert had a single $1M+ day, and nothing else has come close.
There is a ton of money being put into DRK right now. If the volume were low then it would be easy to say that it's being manipulated and pumped. The volume is so high that there's no way that a single person or small group of people is responsible for everything that we've seen. Not to say that it's immune from manipulation (I do think the price is being shepherded by some whales) but we would not be seeing the kind of volume that we're seeing if this was just a few people trading back and forth. There is significant new money entering the DRK ecosystem, and that is what is really driving the price.