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coine_smithe
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April 23, 2014, 11:05:43 PM |
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Don't sell any Cin, just buy on dips until 10k. After that, I have no idea what to do - dump and try to buy them back cheaper or hold like hell?
I'm a really bad trader, seriously. I should have just held BC instead of trying to improve my positions, I should just do the same with this coin - just don't want to get buried in a massive dump.
You said it yourself, if you're bad at day trading then that means you are a fundamentals investor. You should be happy that you are invested in a coin that you know is a good coin. Day trading is a totally different skill than being able to recognize a good coin when you see one. What to do to get your % on your stake ? Is it ok to locked my wallet and wait ? Or has it to be unlocked to receive POS ?
If it has to be unlocked, after how many days it has to be unlocked before i see some coins comming in ?
I saw 3 days , but do you actually see it after 3 days ? And how many % will come in ?
You have to unlock your wallet once every 3 days for a while, to let them stake. I got some minted Cinni already  Every 100 day you should send your Cinni to an other wallet, to reset the coinage. You get 3.5% a year, so probably like 0.02876% every 3 days. I want to add that it is best to leave your wallet open all the time. Since this is POS you are supporting the network by having your wallet unlocked and open. Also you get transaction fees if your wallet is open. |
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battbot
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April 23, 2014, 11:13:44 PM |
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cinni 24 hour btc volume @ poloniex: 221 btc.
how is this not on mintpal yet? is mintpal sleeping?
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chesthing
Legendary
 Offline
Activity: 1414
Merit: 1000
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April 23, 2014, 11:13:53 PM |
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Don't sell any Cin, just buy on dips until 10k. After that, I have no idea what to do - dump and try to buy them back cheaper or hold like hell?
I'm a really bad trader, seriously. I should have just held BC instead of trying to improve my positions, I should just do the same with this coin - just don't want to get buried in a massive dump.
You said it yourself, if you're bad at day trading then that means you are a fundamentals investor. You should be happy that you are invested in a coin that you know is a good coin. Day trading is a totally different skill than being able to recognize a good coin when you see one. I freakin rock when it comes to picking winners but muck it all up trying to maximize my position. Given that please give me your best advice, I don't care about these little dips and peaks, I want to have some kind of idea how to spot when big pumps will turn around and fall 50% or more down. |
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Cinnical
Newbie
Offline
Activity: 28
Merit: 0
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April 23, 2014, 11:16:02 PM |
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Don't sell any Cin, just buy on dips until 10k. After that, I have no idea what to do - dump and try to buy them back cheaper or hold like hell?
I'm a really bad trader, seriously. I should have just held BC instead of trying to improve my positions, I should just do the same with this coin - just don't want to get buried in a massive dump.
You said it yourself, if you're bad at day trading then that means you are a fundamentals investor. You should be happy that you are invested in a coin that you know is a good coin. Day trading is a totally different skill than being able to recognize a good coin when you see one. I freakin rock when it comes to picking winners but muck it all up trying to maximize my position. Given that please give me your best advice, I don't care about these little dips and peaks, I want to have some kind of idea how to spot when big pumps will turn around and fall 50% or more down. Don't we all  A good thing to keep an eye on is coinmarketcap.com There you will be able to see the market caps of a lot of coins. If a coin goes to some crazy number while being premined or IPOd it probably is a pump. |
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battbot
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April 23, 2014, 11:18:13 PM |
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cinni now #47 on coinmarketcap, and boy does it have the best looking graph. so puuurty
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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April 23, 2014, 11:20:32 PM |
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I hope most of us are good holders, not panic sellers, when price goes down sometimes in the future
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Acidyo
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April 23, 2014, 11:21:54 PM |
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I hope most of us are good holders, not panic sellers, when price goes down sometimes in the future
Wish I had something to hold on to. :/ |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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April 23, 2014, 11:22:39 PM |
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How do you know when a pump turns into a dump? all I can do is watch the movement but I tend to fall for beartraps and get left in the dust. I also have been caught in the avalanche without any time to get out for a good price. Day trading is just very confusing and hard to read for me. BC would have been the perfect coin to buy and leave alone for a month, maybe this one will too but who can tell?
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Cinnical
Newbie
Offline
Activity: 28
Merit: 0
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April 23, 2014, 11:23:32 PM |
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How do you know when a pump turns into a dump? all I can do is watch the movement but I tend to fall for bulltraps and get left in the dust. I also have been caught in the avalanche without any time to get out for a good price. Day trading is just very confusing and hard to read for me. BC would have been the perfect coin to buy and leave alone for a month, maybe this one will too but who can tell?
Don't daytrade, just hold you coins in your wallet and collect interest risk free! |
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fox19891989
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April 23, 2014, 11:24:47 PM |
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the dev cheat us after we post on the specified website...
the giveaway threads were deleted because they were against forum rules im sorry that the giveaway was removed , but the plan was changed a few days before the the coin was launched, and i have announced many times that it has changed, even way before launch. instead of the giveaway, cinni coin was launched with no premine. no premine is better because of alot of reasons. Yep, I fully support you |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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April 23, 2014, 11:26:12 PM |
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How do you know when a pump turns into a dump? all I can do is watch the movement but I tend to fall for bulltraps and get left in the dust. I also have been caught in the avalanche without any time to get out for a good price. Day trading is just very confusing and hard to read for me. BC would have been the perfect coin to buy and leave alone for a month, maybe this one will too but who can tell?
Don't daytrade, just hold you coins in your wallet and collect interest risk free! I don't know if I could handle a crash like AUR or BC, where it plummets to 1/10 the high price knowing I could have sold before it dumped. I suppose the safe route is to take some profit at some high point and just leave the rest. |
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Feedthemcake
Newbie
Offline
Activity: 18
Merit: 0
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April 23, 2014, 11:27:02 PM |
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How do you know when a pump turns into a dump? all I can do is watch the movement but I tend to fall for bulltraps and get left in the dust. I also have been caught in the avalanche without any time to get out for a good price. Day trading is just very confusing and hard to read for me. BC would have been the perfect coin to buy and leave alone for a month, maybe this one will too but who can tell?
Don't daytrade, just hold you coins in your wallet and collect interest risk free! I don't know if I could handle a crash like AUR or BC, where it plummets to 1/10 the high price knowing I could have sold before it dumped. sell now then. it's going to happen mark my words. |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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April 23, 2014, 11:27:57 PM |
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Hell no lol
The BC crash was easy, it ran up 10x+ in a day, when it paused in the 80k's for a few hours that was the time to sell. Watching Aur was more difficult, that was a freakin avalanche out of nowhere.
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battbot
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April 23, 2014, 11:31:05 PM |
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Cinni 7100 sats !!!!!!!!!!!!!!!!!!!!!!!!
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coerdy
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April 23, 2014, 11:31:30 PM |
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Cinni 7K!  please fix my roof |
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coine_smithe
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April 23, 2014, 11:33:10 PM |
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Don't sell any Cin, just buy on dips until 10k. After that, I have no idea what to do - dump and try to buy them back cheaper or hold like hell?
I'm a really bad trader, seriously. I should have just held BC instead of trying to improve my positions, I should just do the same with this coin - just don't want to get buried in a massive dump.
You said it yourself, if you're bad at day trading then that means you are a fundamentals investor. You should be happy that you are invested in a coin that you know is a good coin. Day trading is a totally different skill than being able to recognize a good coin when you see one. I freakin rock when it comes to picking winners but muck it all up trying to maximize my position. Given that please give me your best advice, I don't care about these little dips and peaks, I want to have some kind of idea how to spot when big pumps will turn around and fall 50% or more down. I have also had troubles with trading in the past. My current strategy is this: Bitcoin is 5 years old. Even Dogecoin or Blackcoin are infants compared to Bitcoin. For all we know these top coins could be worth billions in a couple more years. Do you really want to look back and regret all that? If a coin is obviously crashing and you can't think of a single reason it will recover, like the dev totally failed or it's a scam, then sell. But if it's a good coin so far like Cinni, and your 1 BTC has turned into 20 BTC, instead of selling it all maybe split a BTC off and invest in another new coin and maybe make your 20 BTC again. That is my new strategy. |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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April 23, 2014, 11:34:20 PM |
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not much volume buys mostly in the hundreds, not sure what that means if anything.
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Leesminer
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April 23, 2014, 11:35:00 PM |
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I am getting so hot in the pants watching Cinni right now wow
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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April 23, 2014, 11:36:56 PM |
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So much rise in price for 1 day is not a good sign. Hope i'm wrong
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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April 23, 2014, 11:40:38 PM |
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So much rise in price for 1 day is not a good sign. Hope i'm wrong
This coin is horribly undervalued. At 7k that's like WC at 500, do the math. I think it's a straight run to 10k but not sure if it will blow past or crash then blow past. A crash back down to 5k then back to the moon could be a phenomenal pick up of coins. Or it could end up in a disaster knowing my luck. |
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