I wrote a post about Kin some months ago: Consider to participate in the Kin Token Distribution Event.
There were many good reasons to be bullish on Kin considering that over 40% of American teenagers use the Kik app, so the demand is obviously there, and making an own token actually made sense, and they also had a very successful ‘pilot study’ with Kik points.
After the ICO, I was very disappointed when Kin fell 50%, to a market cap of a measly $40 millions.
I was expecting an instantaneous 10x!
Today, we broke $1000 millions: Up 25x from the bottom!
If you bought Kin I guess you are pretty happy today:).
One thing I like about Kin is that it is easy to have millions of Kin tokens.
It just feels good on a psychological level.
I have mixed feelings about earning so fast&easy money:
The bull market in cryptos is going to reverse some time in the future.
Thus, I think it is a good advice to diversify a little and use some of the profits to buy for example silver, that has been lagging for years.
If silver goes up and crypto crashes, you can sell silver and buy cryptos on sale (if you choose to).
If crypto continues the bull run for years, and silver stays flat, well then you have many beautiful coins that are still worth something.
If you are diversified into many assets classes, you may win something most of the time, which feels good and make you get more testosterone and less cortisol (the winner effect).
I recently bought 5 Year of the Horse 2 oz for $50 on sale at APMEX, they are now sold for $69!
Also a little victory!
on January 6 2018 with a Huawei Honor 5X (monochrome)