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Why I Hope RUNE Moons Even Though I Don't Own Any

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@whatageek
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I'll be honest I don't even know what Rune is. It seems like a good project with a APR for your coins and with Bitcoin being implemented into it could do really well (especially with Bitcoin at 15k today). But I got little money to go shopping right now and am focused on a few projects at the moment. Despite my lack of investment and knowledge about it I still hope it moons. I hope it goes to record highs and people who backed it do well for their time and effort.

Why?

Well for starters I do like to see others do well in general but there is a selfish reason too. There are community members on Leo who are invested in the project. This means that when it does well it will add to their capital and some of that money might find it's way to Leo.

A Rising Tide Lifts All Ships

I've said it before and I'll say it again, we are all in the same boat with crypto. When the market does well we can all do well. Right now Bitcoin is having a moment. The rest of the market is not doing much but when Bitcoin reaches highs that money might flood into other coins. The higher it goes the more you could see flood into small cap coins and the higher the bounce will be. This is what happened in 2017. There is no guarantee it will happen again but it makes sense. I would do the same if one of my coins makes me 100ks of dollars, I would not blink of dropping a few thousand on some coins I'm following if they were still low after I took a bunch of profit. Oh and if you do make a good profit please be smart with your money, it is easy to think the good times will last when the bull run is here but the bear can be around the corner and see 90% drops so keep that in mind.

We need to stop competing with each other in crypto and support all projects that are bringing something to the table. There is a lot of room for growth in crypto and money to enter the system. We need to get the entire market up and to the value of the precious metal market before we start fighting between each other.

Why We need As Many Communities

This is why we need to welcome as many communities to Leo as we can. We are all working together to bring value to the market and with many different communities working together on Leo it can only help bring value to the site. There is plenty to go around and with the industry still in the early stages we need to work together to bring it to the masses. Our numbers in crypto are small from the rest of the world and we need to work on that first.

So keep posting about Rune and I hope you guys see a huge increase in the use of the project and value of the coin.

If you want to know more about Rune check out this Rune coin.

Posted Using LeoFinance Beta