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Author Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted.  (Read 739177 times)
digit
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May 07, 2014, 12:55:23 AM
 #3261

Today is a great day!
I hold the bag for two weeks because I bought at 15k. Know I am finally getting some profit!
I will sell 10 % of my remaining stash everytime Cinni will double from now on (10/200 rule)
Congratulation, Cinni!

thanks for the link, its a good read Smiley

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David Latapie
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May 07, 2014, 12:56:31 AM
 #3262

Today is a great day!
I hold the bag for two weeks because I bought at 15k. Know I am finally getting some profit!
I will sell 10 % of my remaining stash everytime Cinni will double from now on (10/200 rule)
Congratulation, Cinni!

Hey David learn from my mistakes. I did not do that on blackcoin... I was up to 10.000 dollar. And then all of sudden back to 3000 dollar. Thats a verry smart strategy. And well done on holding your stack!!!!
Story of my life, zwiggelbig; story of my life. It happened to me five times on BC. Buying, selling at loss, buying again... No more, thank you Smiley I buy at low and just don't sell. Then when the Famous_Last_Pump arrives (because it will, I survived MintCoin and I survived Blackcoin), I sell my remaing stash.

Beware though: I have the feeling Cinni will go the way of Blackcoin. So, hold and hold and hold till the last pump. Don't get emotionally attached, this is a plague to the mind
If a coin can survive such a dump and pass it again. It usually surpasses it big time.. Don't look at daily charts look at the week targets. Its going towards 50-80k probabbly!
I expect it go higher! I just cancelled my 100% sell order at 18k, placed one 10% sell order at 33k, a second one at 66k (at this point, I will have pay back my expense, every else wil be pure pure bonus, even if it came to plummet at 1 satoshi or suffer the AsiaCoin fate) and I place another order at 132k (the rest of my stash is not on sell order for the moment).

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sl0819
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May 07, 2014, 12:56:36 AM
 #3263

What's the big news of Cinni?
Pumping without break
utclover
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May 07, 2014, 12:57:27 AM
 #3264

im gonna have a heart attack
Cry Cry Cry
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May 07, 2014, 12:58:25 AM
 #3265

What's the big news of Cinni?
Pumping without break

15 million coins and selling for 17k sat !
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May 07, 2014, 12:59:11 AM
 #3266

Investors are now bored of blackcoin and fluttercoin not moving so they are looking for a new coin with potential. Now that CINNI has the largest volume on mintpal we should see some large upward movements over the next few weeks.
By the way, you should really read the BC thread from time to time, this is funny. They are fighting each others (colinfx vs IconicExpert) Smiley It looks like a soap opera Smiley

Very amusing. 1BC=1 Lambo, ahah.

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Burninj
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May 07, 2014, 01:00:26 AM
 #3267

Who's running this cinni pump?
Mk2vr6
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May 07, 2014, 01:02:39 AM
 #3268

Who's running this cinni pump?

It's natural growth  Wink

Seriously though I keep saying it. BC trading at 30k with 5 times as many coins - You do the maths.
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May 07, 2014, 01:05:07 AM
 #3269

Yup but less peeps involved in cinni for the moment
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May 07, 2014, 01:06:35 AM
 #3270

im gonna have a heart attack
Cry Cry Cry
I really hope you have kept something to sell at 40k buddy  Wink
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May 07, 2014, 01:09:27 AM
 #3271

Yup but less peeps involved in cinni for the moment

A day or two of 1000BTC volume, and creeping up coinmarketcap will get alot of people involved here.
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May 07, 2014, 01:14:27 AM
Last edit: May 07, 2014, 01:38:13 AM by David Latapie
 #3272

I learned my lesson with BC and then sold toward the top with DRK and also Asia Coin (before the dump). This is my 4th coin where I will sell on the way up. The question is, when to sell?
That's the beauty of the 10/200 method: it leaves the uncertainty out of the equation, reduces stress at lot and ensures you'll get a noticeable amount of money.

Recipe:
Will it go high?
- No, sell 100% at 107%
- Yes, sell 10% of your remaining stash every time it doubles.

So far, it worked quite well for me, too bad I had to loose almost 2000 euros before I realise it. I hope Monero will help me get some money back.

So, to sum it up: it is not "when to sell" but "will this coin go high?" and "what is the floor price?"

The floor price is less important. I you make a mistake, either you miss the train (you did not win, but you did not lose) or you hold the bag for long (like I did). But identifying if a coin will go high is much more important.
Here, I have not much solution. My double strategy (107% or 10/200) is the best I got so far. The rest is mostly luck/gamble/intuition, none of them being reliable tools.
For the moment, out of Cinni, I believe in Whitecoin (like Cinni, they suffered a lot and I am bagholding there too) and Monero (this one is easier: I mined it from day 1 and prices are skyrocketing from week 1 - plus it really is revolutionnary)

I hope this will help.

Oh, one more thing: beware of forum: FUD and enthousiasm will brainwash you. I was brainwashed on Blackcoin and a bit (but much less) brainwashed on Mintcoin. Keep a cool head, remember that most posters are governed by their testosterone and adrenaline. I you can't handle the stress (I cannot), simply avoid the forum altogether!

One last thing: I really like the "no more than 10k CINNI per wallet". Of course there will be abuses, but this still a good idea. Focus on trying to get as low a Gini index as possible.

Take care of my money Smiley

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btcprice
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May 07, 2014, 01:16:52 AM
 #3273

Investors are now bored of blackcoin and fluttercoin not moving so they are looking for a new coin with potential. Now that CINNI has the largest volume on mintpal we should see some large upward movements over the next few weeks.
By the way, you should really read the BC thread from time to time, this is funny. They are fighting each others (colinfx vs IconicExpert) Smiley It looks like a soap opera Smiley

Very amusing. 1BC=1 Lambo, ahah.

I remember seeing you in that thread David. It's good to see you here making a profit.

I remember reading the blind loyalty to the coin and it didn't affect me. As I posted earlier, these coins can crash and crash it did. Then you get a bunch of crying people and fighting people. Not pretty.

Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.
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May 07, 2014, 01:28:25 AM
 #3274

in at 8000 to 10,000.  how many times do i let it multiply before selling?   already at 2x for half my holdings.  =D
Indefinite 'til the FLP (Famous Last Pump, a tip to FLW)  Smiley How to recognize the FLP? I goes very high very fast. Call it "supernova" or superpump" if you prefer.

Remember: this is 10% of your remaing stash, not 10% or your original stash. So it can double more than 10 times and you will still have money. Better yet, everytime you will sell, you will get more money than the previous sale. After three doublings, you paid back your initial investment (provided you bought all in one piece - gradual buying makes it much harder to compute). Do not commit the same mistake as I did - figuring out, this is a "one-time opportunity, there won't be such a coin anymore" - there is one every month. So, dont buy when the train is leaving. Either you did before it leaves or you go looking for another coin. Remember: every time you buy, you must wait for the price to double before selling. If you buy now, you will have to wait to 33k just for firt sale and 132k for paying back your expenses. 132k!

Of course, not selling at all would give you even more money, but also much more risk - and stress, and life-spoiling. Playing on Russian roulette gives you a lot of money if you win. Is it a reason to play it anyway?

I hope I answered you question. Again:
How many times do i let it multiply before selling? Keep selling until you detect the famous last pump is incoming. This time, sell everything. It is difficult to check when to sell during the Famous Last Pump but this is not  that much of a problem: if you followed my advice, you already made plenty of money already so even if you miss the height of the FLP, you still have a hefty profit.

Don't Panic. And take a towel.

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May 07, 2014, 01:30:20 AM
 #3275

The depth chart on Mintpal has been so consistently good for this coin for more than a week now.
Nobody wants to sell their precious CINNIs, anyone willing to buy have to chew off the sell orders ... amazing.
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May 07, 2014, 01:33:06 AM
 #3276

Investors are now bored of blackcoin and fluttercoin not moving so they are looking for a new coin with potential. Now that CINNI has the largest volume on mintpal we should see some large upward movements over the next few weeks.
By the way, you should really read the BC thread from time to time, this is funny. They are fighting each others (colinfx vs IconicExpert) Smiley It looks like a soap opera Smiley

Very amusing. 1BC=1 Lambo, ahah.

I remember seeing you in that thread David. It's good to see you here making a profit.

I remember reading the blind loyalty to the coin and it didn't affect me. As I posted earlier, these coins can crash and crash it did. Then you get a bunch of crying people and fighting people. Not pretty.

Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.

So that means you will soon move past CINNI as well....

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May 07, 2014, 01:34:17 AM
 #3277

thanks for the link, its a good read Smiley
If you like it, feel free to show it Smiley
JR9WbQdsAMfrKeSH3Ke31DuHtCeU2r3hzH

Even 1 Cinni is a proof of appreciation
(I don't post for donation, I post because I love to help people - donation is an extra, never my first motive)

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May 07, 2014, 01:37:14 AM
 #3278

Investors are now bored of blackcoin and fluttercoin not moving so they are looking for a new coin with potential. Now that CINNI has the largest volume on mintpal we should see some large upward movements over the next few weeks.
By the way, you should really read the BC thread from time to time, this is funny. They are fighting each others (colinfx vs IconicExpert) Smiley It looks like a soap opera Smiley

Very amusing. 1BC=1 Lambo, ahah.

I remember seeing you in that thread David. It's good to see you here making a profit.

I remember reading the blind loyalty to the coin and it didn't affect me. As I posted earlier, these coins can crash and crash it did. Then you get a bunch of crying people and fighting people. Not pretty.

Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.

So that means you will soon move past CINNI as well....

If it crashes, yes. These coins seem to fare poorly after a crash.

If it continues to climb I will hold on to it.

I refuse to be a bagholder on any coin again like I was with Quark.
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May 07, 2014, 01:40:10 AM
 #3279

Where can we download the last wallet for windows??

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May 07, 2014, 01:40:51 AM
 #3280

Where can we download the last wallet for windows??

Should be in the OP.
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