Now im curious are those ppl who sold their bitcoin cash for 500+ earlier when it first came out not happy when they saw bitcoin cash went to 1k then 1500 and then 2000? I had thought... man it would been nice to sell the bitcoin cash at 700 when it first came out because the price dropped to below 300 and many people said its going to go down even more. Then there is a huge spike.
you are in a trading discussion board my friend and you are talking about doing a 1 time sell only! what is the matter with you
here is what a trader does:
when bitcoin cash came out they sold their coins fast at the highest price before it got dumped.
- then when the bottom was reached they started buying some because it is the bottom!
- then the first pump came and those who bought back at the bottom, dumped to get another large profit.
- then things settled down and the bottom was reached again. because the pump to $2000 was expected due to SegWit2x they bought at the bottom
- the pumped happened so they dumped again to get another huge profit and went back to trading other coins and wait for the BCH bottom and next pump.
- rinse and repeat. it is called trading.