RE: Site review: cryptovoucher.io - is it a scam?
I think that those of us who really believe in the technology should not worry about the price. And its also because of the fear that price will drop, and the fact that we go in with the mindset of "investing" and earning money that disappoints us the most.
While some are viewed as investments like stocks and some cryptocurrencies are viewed as currency, those of us "investing" in the currency should try not to sell. The very point of a currency is a medium of exchange, not to earn money. The value will eventually go up, mechanisms and systems will come in place to use these mediums of exchange in the future, and price will stabilise with that. Isn't that what we want with cryptocurrency? Or just blindly waiting for the price to go up and sell and repeat? @felipejoys what do you think sir?
I agree that the point of a currency is a medium of exchange, and that's exactly why it isn't about investing. Investments are something you do specifically to earn money. Whatever I ever hold, I do it because I'll use it soon enough.
You might argue "but if nobody holds it, there won't be any value", which is true. There is no chance that'll ever happen, though, because maintaining coin value is in some people's interests, i.e. mining farms.
People don't usually buy US Dollars to uphold it's value, they just use it as a coin. But just like mining farms, there are those who work hard to sustain it.