The truth is, no one can predict. What i know is that IOTA is suitable for long term investment.
However, every coins will experience bloodbath and this is the toughest part for anyone going for long term approach.
I have no problems with long term investing, if it suits you, go ahead :)
I know many of you are fans of IOTA.
Jehzlau invested in IOTA around June.
From Sept to Nov, IOTA crashed from a high of 23550 to a low of 4740 before going up to all time high.
In these 3 months, many coins on Bittrex went up over 200%. Are you not going to get greedy?
The real question is, will you panic if you bought IOTA on Sept, only to see it crashed? Let's face it, many would have panicked and sold. I really admire Jehzlau because not a lot of people are like him. He has a system in place which is to REALLY stick for long term, and ignore the bloodbath.
Many will say to invest for the long term, but once they see another coin goes up 200%, their emotions and greed take over. Finally, they decided that long term is not really for them. Saying is easier than really doing it!
Unless it has news coming, if you invested IOTA on Dec 1st, probably you are god! It has to endure 3 months of bloodbath before going up few days ago, will you hodl and buy in dip too?
Long term investing can bring you a lot profit much more than short term, however, will your emotions and greed take over?
