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RE: Chart Of The Day: Do You Still Believe In Your Tokens?

in #investing5 years ago

I stake tokens I received in airdrops so that my upvotes award more coins, but that doesn’t motivate me to buy more. Other than ENG, which I believe you need to start a new coin, I see no reason to buy these. Are people buying just to increase their upvote thinking it will have more value there than just staking steem?

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I see little reason to buy any of the tokens at this point, either. That's because the airdrops are still continuing. Also, the cognitive load of looking into every little coin and community is simply too much. I don't have a problem being at the receiving end of the rainfall, however. But I don't think most of these coins will have much of a market value in the future or even now. Some might and it is quite hard to tell which ones, so I'm keeping most of them for now.

I bought some. Maybe it was an error. But it is also possible that they jump in a crypto-hype in 1-2 years.