Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW in 5 days
I bought 500k SC at 0.00001 and sold it at below 0.00002 ... Now I regret that because it is really hard now to acquire such a big position. I really like the energy of this community. If there is a big correction, I might join back in!
Just buy in now and get people to panic buy and boost the price even more
My investment philosophy is to never buy coins that performed well in the last few days/weeks. The potential return of those coins is way lower than new/unknown coins. But I gladly rebuy in correctional phases, because if this currency is really implementing second generation features, this might get huge!
Well when aur went 10x from 1USD to 10 USD Your strategy would be not to invest..well aur went 10x more even after that though :-)
Same might be with Silkcoin. I understand you want buy in again in correction phase, but trust me, there wont be any. Many people are waiting for this. Including me and I can purchase a lot.
Silkcoin is something unique, we are not riding the "anon wave" but if we would Silkcoin would rival darkcoin.
This coin has great devs (and team - looking at you judge and wulf!) + passionate community. There is so little toxicity in this thread it is amazing. Propably because there is so much work done around Silkcoin. Just look fast are voting on mintpal!
You might want to wait, but one new feature + mintpal and Silkcoin will explode. And then it will be too late.
The first mistake comparing SC or any other goodinvestment with Aurora.
I am mainly a value investor and not a speculator. So a coin that adds literally no value and is inflated by the fact that it had literally no coins free floating and thus creating scarcity that didn't exist was a fail!
SC is a good coin beause it adds value to the altcoinmarkt and this is good because only coins that add value will be worth something in a months time , or lets say a few months time!
The reason I invested in to SC was because I saw its value, and I also made a goal where I would sell it. Little did i know that the point was reached rather fast (witin a day!).
SC might rise in price, but 10x market cap in BTC is highly unlikely if major adoption doesn't happen.
So putting all your hopes into SC multiplying its value is not a good bet
