looks like your clueless about how it works in cryptocurrencies. There are no 'investors' just pump and dump squads
sadly this is true!
I agree, BUT, we have never seen real innovation yet. Name something other than cloakcoin, or syscoin that have done something innovative to cryptocoins? None, small improvements, but nothing big. ETH would be another one but they have an idea, and it's big, but we know not where it's going.
As far as i see it, two teams are doing some major stuff to change this from pump and dump coins, to major innovation that will attract outside investors. Those that hold long could be rewarded 10 to 100x the prices of last pump. You must understand, when you break free of this tiny market and have real world usefulness, the prices will look even bigger than Bitcoin did, as people will use the coins and demand them cause they have tangible real world use.
I agree! But: I think, we see a lot of innovation in Crypto. Until now its more a "testing-Terrain" but that will change. Crypto will become a serious part in financial industry. At the same time, most Crypto-"Test-Coins" will die. But the few that will survive that coming evolution will go high. Nobody can know, if Cloak will be one of these successful Survivers but it has Chances. If they keep on and don`t give up, there could be much potential to attract "real money" - real use. I`m holding just a few Coins and I think longterm, what means: I buy and I hold and I watch. In most cases it will turn to nearly zero, but it is my personal Goal to buy the future Winners in early stages. Cloak is one of the few I`m holding.
Also important: If (!) Bitcoin will rise, it would push the whole Altmarket. Thats why I think, the right Time to invest is now. It`s a little bit "do or die" and involves high risk. But the chances are great. In my opinion we are privileged, because most of the people don`t even know of this coming market. And all the money we lose on that way... in Germany we say LEHRGELD! (instructive money) ;-)