When the VOOT prices go up that does not mean short sell, VOOT coin will do what VERICOIN did if we all have patience, you will goto sleep one day at 5k and wake up the next day at 21k, even then just sell small portions to new investors, I hold over 100,000 Voot and will never sell more than 1000 at a time to keep it stable!!!
100k is nothing when you got 68 million coins total. But what you say is true. People always hate waking up after selling the night before and seeing they could have $xxx.xx more money.
It's not like people are mining and dumping either. There is no reason to dump hundreds of thousands at once. Just set sell orders and wait for them to get bought. That way price doesn't go down and when people want in they have to buy your sell order at a higher price.
There needs to be a trading 101 video everyone watches before investing. Gotta play the good coins in a smart way.
What's nice about VOOT is it seems most large holders with weak hands have sold. After the price bouncing around from 50 sat to over 2k sat and back down the large whales should hold most coins. Just let the price slowly go up over time.