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RE: I'm buying more IOTA

in #iota7 years ago

I am HODL on IOTA because Tangle is revolutionary and necessary.

It's not an Alt Coin as blockchain and tangle address two different set of complexities. You could apply the same logic to ETH (EOS and Neo) but much less so as they are essentially part of the blockchain technologies and exciting for other reasons. IOTA is like BTC in the sense that there could be other Alt Coins for Tangle as there are Alt coins with a blockchain. Success of BTC as the first revolutionary success of the blockchain should be a good indicator for IOTA as the first kid on Tangle.

It has other similarities to BTC success. A solid team of devotees to open source from academia to industry to entrepreneurs with sufficient dosh.

I am a newbie to Crypto and know nothing of trading, so, read with a large pinch of salt :)

For the short term its up (10 - 20%) in a consistent long-term trend. And above Bitcoin (5 - 10%) in the last few days. The only coin on Bitfinex to be consistently green together with Bitcoin. I transferred 1/3 of my toy venture from BTC to IOTA when BTC hit $4000. I will do the same if I see a sharp downturn in BTC.

For the long term, the first major manufacturer that advertises the Tangle enabled device be it a toy, a fridge or a mobile will see the Tangle (IOTA) moment.

All I need now is some money to enjoy losing . It is worth HODL for that enjoyment alone.

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