Today, I'm writing about what I've been writing about the last four weeks - a new cryptocurrency I'm very interested in called DeepOnion.
If you're curious about the coin, you can read my previous articles here:
https://steemit.com/cryptocurrency/@ikilledcobain/deeponion-these-aren-t-your-momma-s-onions
https://steemit.com/cryptocurrency/@ikilledcobain/the-crytpocurrency-of-privacy-deep-onion
https://steemit.com/cryptocurrency/@ikilledcobain/deeponion-the-coin-that-cares
https://steemit.com/cryptocurrency/@ikilledcobain/it-s-a-bird-it-s-a-plane-it-s-deeponion
Today, I thought I'd focus on the price of the coin. Like most cryptocurrency, there's been some volatility of late. Around August 30th, the price was over $4 and as I write this, it's hovering around $0.70.
My God! - you might say - why didn't I sell it back then? What if I purchased some back then and now I've lost so much?!?
Let me remind you that this coin is still a baby and hasn't been around very long. The fact that it's worth anything at all just goes to show the momentum behind this project. Most coins never make to a penny, let alone anything above this.
So the question remains, should you buy more, sell out, or hodl what you've got? What's the answer?
I would say - It depends.
If you've got the money and you take the time to read about this project either on bitcointalk (https://bitcointalk.org/index.php?topic=2006010.0)
or the official DeepOnion forums (https://deeponion.org/community/)
Then I would invest accordingly if you've got some disposable income.
What if you're a member of the airdrop? Well - if you are - I'm going to assume you know it wasn't easy to get in and you'd be a fool to violate the 10% rule when this coin is so young and we're around the 25% mark of the airdrop.
So my final advice would be to buy if you've got some money and have done the research. If you have some, for the love of God, hodl. Hodl like you would your newborn in the middle of a hurricane!
If you want to weep bitterly and cry at your lost opportunity, then by all means, sell - I'll be waiting for your Onions on the exchange ;)
