Waves - Cut losses or hold and watch again in a year

[Bitcoinadapt]

So I've FOMO'd a tiny bit of BTC into Waves ICO, after reading their plans it all looked legit and worth a shot.


Now I probably have witnessed the worst communication/PR from any project with more than 1 mill in funding and I'm thinking about cutting my losses.


To be honest, the amount invested isn't that much (about .5% of my total portfolio).

What would you do, hold and wait? Or dump it..

The motivation for good communication/pr is attract new investors and prevent old ones leaving. There to busy withdrawing ICO address to care about that.
https://blockchain.info/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDA

[btctube]

i use to think it will work actually and that but after just a week after the release, it seem like the dev team wanna run with all the ico funds.  i don't see them have the positive look with thier own project in the future. dumped all i got and bought BTCs after all its going to be halving. I could profit this halving.

[tokeweed]

sold mine around 25k.
after their fiasco launch, with lots of free waves(not bounty, really free for anyone registering facebook there) to people who didnt invest i was already pissed. then, no buy walls, then money start to disappear without explanation and this week started with the best one... mainnet offline without any announcement.

30k to a bunch of kids who doesnt seem to know how to run a business so im out.

That's a bad idea.  A Facebook giveaway can be gamed/cheated for a lot of money.  Stellar did this when they launched, and it was cheated for millions of STR by Chinese hackers who utilized the help of click farms and click farm suppliers.

From the article:

His biggest order, he told me, was for Chinese hackers trying to fleece the digital payment exchange Stellar; he hired every freelance worker he could find, but he was still only able to fulfill a small portion of it.

Source

[bits4that]

Waves was over bought during the ICO.

May be worth holding in the future, but Waves won't get any attention until it is on more exchanges.

[jupiter00000]

ive sold all my waves.
maybe i buy when its lower but i dont think so.

What did you sell for?



Its at 26k now.

[jupiter00000]

If the marketcap of a coin is $ 14,605,600 and their Dev. cash on hand is $16,436,095 - you've got an undervalued company. Nobody can debate that math.

Honestly, what kind of dork sells their shares when Development is swimming in cash?

This is a classic shakeout fueled by unrealistic expectations and the heavy burden that comes with instant gratification withdrawal symptoms [and highly creative FUD] .

Some clever teenager is sitting in his mom's basement buying up your discount shares with his lunch money. Definitely not me.

Might as well hand me some more for free. Consider it a donation to my artistic pursuits.

1W3P6AGc23hYaNfhE5XqwjBDnGGhDe9Ty1aCN


These guys have as much cash as Ethereum had post-ICO, and even more of a product to show for it already.

There isnt even a node online. We are trading on the FETUS of the Waves blockchain. Just wait until we have Nodes and Staking in a couple weeks.

Smart contracts coming to Waves early 2017.



My vote: HODL


27k


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https://wp.stakepool.com/2016/07/03/wavesplatform-will-do-for-stocks-as-bitcoin-did-for-money/

[tokeweed]

Someone from Waves must have seen this thread and decided to pump it. 

But seriously, it's better to be patient and wait than opening yourself to risk when trading altcoins.

[Anarchy101]

I sold 70% of my waves and kept the remaining for future use.

Let's see what the future holds.

[BoldNinja]

I sold 70% of my waves and kept the remaining for future use.

Let's see what the future holds.

I hope you covered your initial investment

[kingorbust]

I've got no intention of selling waves I bought. I can wait for months. Cant imagine that it would not be profitable in the long term, even if it is only 2-3x.
The only thing bothering me is that I could have bought them cheaper than ICO (not that much cheaper though because I bought with USD). I think that is the only issue I have.

[vuduchyld]

Hope you didn't sell at 20K sats.  The goal is to sell HIGH, not at the lowest possible point.

Sitting at 28K sats right now. 

If you're thinking about panic selling, it's always worth considering your exit point.

[disam]

hodl mode on, waiting for 2017

[Nxtblg]

Hope you didn't sell at 20K sats.  The goal is to sell HIGH, not at the lowest possible point.

Sitting at 28K sats right now. 

If you're thinking about panic selling, it's always worth considering your exit point.

So it's bouncing back! I'm glad I sold only enough to diversify.

[rodmanqs]

Who wants to become rich - buy and hold the waves for at least a year 

[Claytonjamila]

So I've FOMO'd a tiny bit of BTC into Waves ICO, after reading their plans it all looked legit and worth a shot.


Now I probably have witnessed the worst communication/PR from any project with more than 1 mill in funding and I'm thinking about cutting my losses.


To be honest, the amount invested isn't that much (about .5% of my total portfolio).

What would you do, hold and wait? Or dump it..

I'm a newbie. Please,  I'd like to know how these waves work