Quote from: JamescrypTrader on May 28, 2018, 06:42:07 AM

Hi, I was planning to put some of my money into IOTA in this current market dip. But a bit confused thinkg whether it will be a good idea or not. Could you please share your experience or suugestion, I should follow before finalizing the investment plan.

Hi James.

I personally consider IOTA to be in the forefront of the crypto "arms-race", along with NANO. However, be prepared for wild price swings, in which it could easily dip back to 40 cents.

Before I continue, I'll share my prediction with you. 99,9% of all coins will likely die out, much like the Dinosaurs did 65 million years ago. Only a handful of today's crypto currencies have what it takes to blossom and gain "real value" in the future. I like to think of it as a forest fire, that wipes out everything. From the ashes those with true potential will grow..

But enough with the metaphores..

IOTA will likely succeed due to the following:
1. A strong team. They constantly attract skilled people, which is one of the best predictors of a project's future success. It's also a non-profit organization, not driven merely by greed (as many crypto projects are).
2. Free asset transfers. The Tangle is certainly not perfect, but the ability to transfer IOTA's for free is a gigantic advantage that most do not fully seem to appreciate.
3. The Internet of Things is real. It will become a big factor in the future. I just don't know if it will take 10,20 or 50 years. IOTA is positioning itself to be a leader within this market.

If you decide to invest in IOTA, here are a few pointers that may help you:
1. Invest for the long term (say 10-20 years).
2. Don't put all of your eggs in one basket. Meaning you should spread the investment out.
3. Do not listen to the shills that proclaim $100 within 1 year etc. Familiarize yourself with the IOTA supply versus market cap.
4. Never use a password generator site. I repeat never use a password generator that you find online. Create the seed on your own laptop, or type it down manually in a random matter. Otherwise you will likely get scammed.

I also wrote a guide on how to buy iota over at Medium.com. It may be of help if you're just getting into this. You can check it out here: https://medium.com/@llindstad12/how-and-where-to-buy-iota-ultimate-guide-of-2018-6e361dfeef3f

LarsLind

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