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RE: EXPERIMENT - Tracking Top 10 Cryptocurrencies for One Year (2018) - Month Eleven - Down 84%

in #cryptocurrency6 years ago

Thanks man. I think you got the spirit of all this pretty well, and that's part of why I did this: crypto isn't a short term thing and you don't need to be some pro day trader to benefit. Give it some time. I was hoping that the experiment would demonstrate that during one year, but it's looking like I might have to make it two years ;)

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I mean... to be perfectly honest... all my crypto, Steem included, I don't actually expect to ever convert back to fiat. I intend to spend it on stuff I need in 2030 or similar.

To me it's like buying a property in a rundown neighborhood close to the city. It's cheap now, but you know at some point it's going to get built up... it might just take a couple of decades to get there.