WHY Mcap Token is a long term bet!!

in #mcap7 years ago

WHY Mcap Token is a long term bet.

Recently we have seen huge a exodus of dynamic and speculative investors in cryptocurrency world. Most of these investors have taken actions based on the greed of earning 10x to 20x profit. We have also seen recent ICO frenzy where a few of them were sold out within few hours or minutes(Basic attention Token).In fact these people have failed to understand the basic difference between Cryptocurrency and digital Tokens.

Most of the ICOs are future projects based on space creation , team development, market response and sometimes community building as well .This all has potential of value creation in future but these opportunities have been exploited disproportionately by speculators, with their pump and dump strategies. If you consider case of ethereum which increased more than 5000% within few months whereas its core value of smart contract and transaction utility has not increased proportionately. This indicates the speculative pumping of money in ethereum and fear based FOMO, this results in the huge correction in market, eventually taking prices down.

Some huge future projects like IOTA have suffered due to speculative hype created in the market. The rates were skyrocketed and plunged around 67% in recent market crash. It is very important to understand fundamentals of ICO. Its size ,community and most importantly, when and at what price you are going to buy a token? if you have a long term investment horizon.

Why Mcap is Good Choice??

1.Mcap is based on real time mining output rigs working at optimum level, It has additional features of value creation like Merged Alt-coin mining, which increases profitability and Funds utility for alt-coin investment by expert team who are efficient in analysing the market and cryptos

2.Mcap is not future project. where possibility of current rate and its growth is independent of future implementation and roadmap, It has advantage of real time performance and asset backup

3.Maximum supply of Only 100 million Mcap tokens is possible with almost 40 millions are currently floating in market

4.Mcap team has launched loyalty programmes where you get incentives as Altcoins

5.Team behind Mcap is strong performer in mining industry and ranks amongst top miningpools. (GBMiners), So if you are long term investor who likes to choose your investments wisely, you can consider mcap as your long term bet.

Disclosure : I am holding holding substantial amount Mcaps in my personal portfolio.

Sort:  

Thanks for This Great information!

Nice post. Interesting to see I'm not the only one that is thinking about this. I've been asking myself. How many people really do a proper background check before seriously investing in an ICO? I was wondering if anyone of you uses: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. On: https://www.coincheckup.com/coins/MCAP#analysis For the MCAP Analysis.

Congratulations @cryptosky! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!