You are viewing a single comment's thread from:

RE: Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)

in #crypto6 years ago

Great tutorial. If anyone thinks cryptocurrencies and smart contracts are difficult they should try some tutorials like yours. As for my views on STOs @knircky expressed them in his post https://steemit.com/security/@knircky/thoughts-about-security-tokens and my thoughts align with him. Short term price volatility is going to happen on everything. Even massive blue chip stocks like FB and many of the S&P500 stocks take dips every once in a while. I simply put my focus on solid projects that are bound to grow up. That's why I'm slowly increasing my STEEM account even though I've pretty much depleted my fiat reserves.

Sort:  

Thank you for sharing this article @vimukthi.

I simply put my focus on solid projects that are bound to grow up.

Interesting point of view. Short term price volatility is obviously unavoidable, even in case of big companies, but I think in case of utility tokens this volatility is long term and significantly more intense. Obviously there are interesting projects with potential like Steem, but I am afraid that this is still some kind of speculation where you can't be certain if something for which you transfer some value actually has this value.

Regards,
Jan

Great comment @vimukthi

And thanks for sharing that link. Going to read it before bedtime today :)

Cheers, Piotr