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It isn't insanity if you used other cryptos to buy big on Kik/Kin and they only way to protect your position is to not have it go away.
by snarf21 7y ago
It isn't insanity if you used other cryptos to buy big on Kik/Kin and they only way to protect your position is to not have it go away.
- will_brown 7y agoWell it’s throwing good money after bad. I believe it was Einstein who defined insanity as performing the same task over and over and expecting different results. If you invested/bought Kik because you wanted a “position” to make money on it, then it fits the definition of a security, so by throwing more money to fight the SEC to claim it’s not a security is a losing battle by your own “position”. The real irony is that the Kik token probably was structured as a non-security utility token, it’s only the CEO statements/marketing of the token as something that will become extremely valueable to investors that will come back and haunt them.
- ericseppanen 7y agohttps://quoteinvestigator.com/2017/03/23/same/ https://quoteinvestigator.com/2017/03/23/same/ Not Einstein. It's a quote from a 1981 Narcotics Anonymous pamphlet.