If the price had remained constant since the IPO (instead of going up sharply, then dropping to IPO levels) then no-one would be stressing too much right now as no-one would be down. Fact is that the big ***** off pile of safecoin I own, is still the same % share of the network I was happy to invest at. Also the value proposition of the project since the re-write of the code base is now far greater than it was since I invested.
Finally, and the biggest thing, this project hasn’t even ***** launched yet! Everything we see right now is pure speculation. This could literally be internet 2.0, and if it is even the people who brought at the top will be able to buy the gold tracksuits they always wanted. This whole project could fall flat on its face too for any number of reasons but lets not pretend that the money put into safecoin was going to be as stable and safe as putting it into a property, land, bonds, shares, lottery tickets etc. Not only is this crypto, it’s a brand new design of alt coin, it’s risky as all shit, and if you didn’t know that when you invested then you’re an utter mong.
I still think I’ll be strutting around in a gold tracksuit at some point soon (and have my tailor on standby just in case). Might not be for a couple of years but I think the SAFE network is going to be world changing and ultimately the price of safe coin will reflect that. If not there’s always JJB Sports where I can pick up some badass leisure-ware for around the 12 quid mark, and even though I won’t be all shiny, I will still look awesome.