ruletheworld
Legendary
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Activity: 1386
Merit: 1045
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April 30, 2016, 10:45:41 AM |
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Smart people sell some of their holdings early on after an ICO finishes as a means of hedging their bets. That way if the price continues to rise they still hold a decent amount of the coin/currency and if the price falls they can keep some of their BTC and use it to reinvest in another coin or if they truly believe in the coin they can buy back at a lower price thereby increasing their holdings. Even if you 100% believe in a coin it makes sense to do this in order to protect yourself. No matter how strong a business model a coin has it will inevitably rise and fall - so why not take advantage of that?
Well, this only works when the ICO price goes up on trading (which I admit does a lot). However, if the price is flat or down, then you're either selling for a loss or selling to break even. The point is, the strategy should be followed for all ups, not just at the ICO. Some coins don't go up immediately after the ICO (Factom comes to mind) but will go up later. In that case, it is better to hold for that first pump. Of course, the risk is that pump never comes. |
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Thereisnospoon
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April 30, 2016, 10:58:15 AM |
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Smart people sell some of their holdings early on after an ICO finishes as a means of hedging their bets. That way if the price continues to rise they still hold a decent amount of the coin/currency and if the price falls they can keep some of their BTC and use it to reinvest in another coin or if they truly believe in the coin they can buy back at a lower price thereby increasing their holdings. Even if you 100% believe in a coin it makes sense to do this in order to protect yourself. No matter how strong a business model a coin has it will inevitably rise and fall - so why not take advantage of that?
Well, this only works when the ICO price goes up on trading (which I admit does a lot). However, if the price is flat or down, then you're either selling for a loss or selling to break even. The point is, the strategy should be followed for all ups, not just at the ICO. Some coins don't go up immediately after the ICO (Factom comes to mind) but will go up later. In that case, it is better to hold for that first pump. Of course, the risk is that pump never comes. This strategy makes a lot more sense! |
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liuka
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April 30, 2016, 10:59:13 AM |
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how to buy this coin?
any exchange? I'm interested to buy this coin.
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liuka
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April 30, 2016, 11:11:53 AM |
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thank you for the information. |
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Bobo81
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April 30, 2016, 11:31:06 AM |
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Great info!!Many thanks for your work.  You're welcome GreenMatrix! |
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RATM69
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April 30, 2016, 12:42:12 PM |
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What time exactly does the 10% bonus end today? What time is used as the cut off time? It would be helpful to know the definitive time, perhaps in UTC?
23 hours and 18 minutes from now (roughly) |
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Soul_eater_123
Legendary
Offline
Activity: 952
Merit: 1000
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April 30, 2016, 02:40:53 PM |
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Well, this only works when the ICO price goes up on trading (which I admit does a lot). However, if the price is flat or down, then you're either selling for a loss or selling to break even. The point is, the strategy should be followed for all ups, not just at the ICO. Some coins don't go up immediately after the ICO (Factom comes to mind) but will go up later. In that case, it is better to hold for that first pump. Of course, the risk is that pump never comes.
I never said it was foolproof. All ICOs are a gamble and yes most ICOs do go up but there is no guarantee. Also even if it does go up you may forgo even larger profits that you could have had if you waited - e.g. ETHER all time high (so far) was nearly a year after release, so if you held on to your ETHER and sold at that point you would make much more than if you had sold some of your coins in the first pump. On the other hand NEUCOIN went down almost immediately after launch and doesn't seem likely to ever even reach the ICO price again. It's all a question of risk and how much risk you want to take. None of us have a crystal ball (at least one that works) and can predict the future with 100% accuracy. When BTC was about to hit $1 many people were saying that it was the right time to sell because it would never sustain such a high value and would soon crash down to a few cents. You just never know for sure and that is cryptocurrency in general. In the case of WAVES the POS/lending model gives an alternative way to increase your holdings though. Also given the high community interest and buzz surrounding WAVES I think if anything the risk will be more about lost profits from selling early so people should think carefully about what would bother them more - losing their initial investment or doing the equivalent of selling their WAVES early like those who sold BTC for a $1. |
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Sam123
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April 30, 2016, 02:44:51 PM |
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Hi,
Any update on Collaboration with third-parties, payment systems, and banks. Thanks
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NutMasterTardd
Legendary
Offline
Activity: 1512
Merit: 1015
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April 30, 2016, 02:45:02 PM |
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Well, this only works when the ICO price goes up on trading (which I admit does a lot). However, if the price is flat or down, then you're either selling for a loss or selling to break even. The point is, the strategy should be followed for all ups, not just at the ICO. Some coins don't go up immediately after the ICO (Factom comes to mind) but will go up later. In that case, it is better to hold for that first pump. Of course, the risk is that pump never comes.
I never said it was foolproof. All ICOs are a gamble and yes most ICOs do go up but there is no guarantee. Also even if it does go up you may forgo even larger profits that you could have had if you waited - e.g. ETHER all time high (so far) was nearly a year after release, so if you held on to your ETHER and sold at that point you would make much more than if you had sold some of your coins in the first pump. On the other hand NEUCOIN went down almost immediately after launch and doesn't seem likely to ever even reach the ICO price again. It's all a question of risk and how much risk you want to take. None of us have a crystal ball (at least one that works) and can predict the future with 100% accuracy. When BTC was about to hit $1 many people were saying that it was the right time to sell because it would never sustain such a high value and would soon crash down to a few cents. You just never know for sure and that is cryptocurrency in general. In the case of WAVES the POS/lending model gives an alternative way to increase your holdings though. Also given the high community interest and buzz surrounding WAVES I think if anything the risk will be more about lost profits from selling early so people should think carefully about what would bother them more - losing their initial investment or doing the equivalent of selling their WAVES early like those who sold BTC for a $1. This is spot on. |
GEO, RLC & QRL.
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target
Legendary
Offline
Activity: 2240
Merit: 1041
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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April 30, 2016, 02:52:45 PM |
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Well, this only works when the ICO price goes up on trading (which I admit does a lot). However, if the price is flat or down, then you're either selling for a loss or selling to break even. The point is, the strategy should be followed for all ups, not just at the ICO. Some coins don't go up immediately after the ICO (Factom comes to mind) but will go up later. In that case, it is better to hold for that first pump. Of course, the risk is that pump never comes.
I never said it was foolproof. All ICOs are a gamble and yes most ICOs do go up but there is no guarantee. Also even if it does go up you may forgo even larger profits that you could have had if you waited - e.g. ETHER all time high (so far) was nearly a year after release, so if you held on to your ETHER and sold at that point you would make much more than if you had sold some of your coins in the first pump. On the other hand NEUCOIN went down almost immediately after launch and doesn't seem likely to ever even reach the ICO price again. It's all a question of risk and how much risk you want to take. None of us have a crystal ball (at least one that works) and can predict the future with 100% accuracy. When BTC was about to hit $1 many people were saying that it was the right time to sell because it would never sustain such a high value and would soon crash down to a few cents. You just never know for sure and that is cryptocurrency in general. In the case of WAVES the POS/lending model gives an alternative way to increase your holdings though. Also given the high community interest and buzz surrounding WAVES I think if anything the risk will be more about lost profits from selling early so people should think carefully about what would bother them more - losing their initial investment or doing the equivalent of selling their WAVES early like those who sold BTC for a $1. I don't think they'd wait for the first pumped, they'd all be dumping even when its just $0.50 maybe even less. Cash out and enjoy $500 gain. is it an option not to release the coin to any exchanges sites until its price good enough? |
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danielj314
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April 30, 2016, 03:24:37 PM |
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What time exactly does the 10% bonus end today? What time is used as the cut off time? It would be helpful to know the definitive time, perhaps in UTC?
23 hours and 18 minutes from now (roughly) Thanks for answering my question! But I can't quite figure out what time you wrote this reply. What time standard were you using to measure it? Obviously not EST time. Is it UTC time? Thanks again. |
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JollyTrades
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April 30, 2016, 03:45:28 PM |
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What time exactly does the 10% bonus end today? What time is used as the cut off time? It would be helpful to know the definitive time, perhaps in UTC?
23 hours and 18 minutes from now (roughly) Thanks for answering my question! But I can't quite figure out what time you wrote this reply. What time standard were you using to measure it? Obviously not EST time. Is it UTC time? Thanks again. Check here: https://ico.wavesplatform.comCrowdfunding campaign will be live for 31 days +. That "plus" is the time remaining to get the 10% bonus. |
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Kotone
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April 30, 2016, 03:46:47 PM |
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What time exactly does the 10% bonus end today? What time is used as the cut off time? It would be helpful to know the definitive time, perhaps in UTC?
23 hours and 18 minutes from now (roughly) Thanks for answering my question! But I can't quite figure out what time you wrote this reply. What time standard were you using to measure it? Obviously not EST time. Is it UTC time? Thanks again. Check here: https://ico.wavesplatform.comCrowdfunding campaign will be live for 31 days +. That "plus" is the time remaining to get the 10% bonus. almost 4 hours ago was the last day of 10% bonus, if you invest before that you made it mate. Welcome to the waves train. |
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danielj314
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April 30, 2016, 03:48:18 PM |
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What time exactly does the 10% bonus end today? What time is used as the cut off time? It would be helpful to know the definitive time, perhaps in UTC?
23 hours and 18 minutes from now (roughly) Thanks for answering my question! But I can't quite figure out what time you wrote this reply. What time standard were you using to measure it? Obviously not EST time. Is it UTC time? Thanks again. Check here: https://ico.wavesplatform.comCrowdfunding campaign will be live for 31 days +. That "plus" is the time remaining to get the 10% bonus. Thank you! Very helpful.  |
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JollyTrades
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April 30, 2016, 03:48:31 PM |
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almost 4 hours ago was the last day of 10% bonus, if you invest before that you made it mate.
Welcome to the waves train.
4 hours ago the last day started. 20 hours more to go. |
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iambitcoin5
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April 30, 2016, 04:31:15 PM |
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Stop guys dont buy anymore, my waves get less and less.  LOL I know right! Please stop buying. I need my Waves. |
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Kotone
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April 30, 2016, 04:35:21 PM |
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Stop guys dont buy anymore, my waves get less and less. LOL I know right! Please stop buying. I need my Waves. Less waves means more value guys Everybody is still buying waves, im afraid my Waves in the end is only 100. |
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