shinep
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July 19, 2016, 10:14:21 PM |
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Once again im killing myself i never sold my stake when it was high and i could have bought back now. However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything. I would have probably bought back when it was still higher anyway so would not have gained much. This project has some real long term goals and there is no reason we cant hit $1 billion marketcap. We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more Steem is doing good for now. I think it will take some time for it to die.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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July 19, 2016, 10:17:50 PM |
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Not interested in the daytrader's price - they don't operate on fundamentals of any sort ~ they're just there for a 2x-10x ROI. Next time NEM rallies, a lot of those daytraders will whine about missing out and will call it a "pump". I know because I saw it on the rise from $3 million XEM. NEM has very strong fundamentals and they are improving.If you had been following Google Trends and Alexa Ranking like I have, NEM is currently at the all-time high popularity, gaining in website popularity and soon it will be a top 10,000 website in Malaysia. I have seen the share of visitors for Japan go from 26% to 31% in the past weeks. Malaysia wasn't even in the top 5 but, thanks to the work of Rockethead and other NEMbers in Malaysia, Malaysia overtook Russia and Germany and now has the highest per capita traffic of NEMbers. To me this indicative that NEM is gaining ground and has a bright future in Japan and South East Asia. If NEM continues to gain adoption in Asia like right now, the current price and capitalization today in a year's time will be viewed as a "give away" / "free" / "cheap" http://www.alexa.com/siteinfo/nem.io Yes i agree !
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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LemonAndFriesOne
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Activity: 1050
Merit: 1000
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July 19, 2016, 10:18:43 PM |
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Once again im killing myself i never sold my stake when it was high and i could have bought back now. However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything. I would have probably bought back when it was still higher anyway so would not have gained much. This project has some real long term goals and there is no reason we cant hit $1 billion marketcap. We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more Remember last year what happened, this might be to shake out those who don't believe in the project. Like the purge with the sock puppets, not everyone will make it.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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July 19, 2016, 10:30:24 PM |
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Once again im killing myself i never sold my stake when it was high and i could have bought back now. However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything. I would have probably bought back when it was still higher anyway so would not have gained much. This project has some real long term goals and there is no reason we cant hit $1 billion marketcap. We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more Remember last year what happened, this might be to shake out those who don't believe in the project. Like the purge with the sock puppets, not everyone will make it. Im telling myself to think long term, and ive made the mistake with other coins before of selling early and then loosing out because the price just jumped. Very hard to do this when i have a mortgage, as its tempting to cash out any time its high, but im telling myself this will pay the whole loan off if im patient.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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fragout
Legendary
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Activity: 1279
Merit: 1018
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July 19, 2016, 11:38:58 PM |
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Once again im killing myself i never sold my stake when it was high and i could have bought back now. However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything. I would have probably bought back when it was still higher anyway so would not have gained much. This project has some real long term goals and there is no reason we cant hit $1 billion marketcap. We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more Remember last year what happened, this might be to shake out those who don't believe in the project. Like the purge with the sock puppets, not everyone will make it. Im telling myself to think long term, and ive made the mistake with other coins before of selling early and then loosing out because the price just jumped. Very hard to do this when i have a mortgage, as its tempting to cash out any time its high, but im telling myself this will pay the whole loan off if im patient. I know what you mean. I always blow it too. I actually did sell some to hedge a bit at 1700 but have bought back today. It may go lower but I think this is as low as I was willing to risk. I would love to just turn off my computer for a few years and see where we are at then, but following the chart is part of daily life these days.
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greentea
Legendary
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Activity: 1418
Merit: 1002
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July 19, 2016, 11:55:02 PM |
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Once again im killing myself i never sold my stake when it was high and i could have bought back now. However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything. I would have probably bought back when it was still higher anyway so would not have gained much. This project has some real long term goals and there is no reason we cant hit $1 billion marketcap. We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more What I've done is have a 'core' position that you dont touch for long term. Put it on a paper wallet, or if you have enough setup a supernode(s) and leave it alone. Then keep maybe ~10% or so on the exchanges to trade if you will. That way if price spikes and you get the itch, you can sell into it. But if price continues to run away from you to reenter you haven't sold your 'core' position. Just remember most traders lose money & hindsight is always 20/20
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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July 20, 2016, 12:30:51 AM |
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Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost. Im sure alot of dumpers will be killing themselves one day. Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years!
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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LemonAndFriesOne
Legendary
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Activity: 1050
Merit: 1000
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July 20, 2016, 12:46:28 AM |
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Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost. Im sure alot of dumpers will be killing themselves one day. Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Well think about it like this, when you borrowed to get your home did you have NEM as a potential income to pay your mortgage? If not, then don't count it as part of your everyday spending. Your calculations should be based on what you can afford at the time with your real life income, everything else that you earn is just icing on the cake.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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July 20, 2016, 12:54:49 AM |
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Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost. Im sure alot of dumpers will be killing themselves one day. Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Well think about it like this, when you borrowed to get your home did you have NEM as a potential income to pay your mortgage? If not, then don't count it as part of your everyday spending. Your calculations should be based on what you can afford at the time with your real life income, everything else that you earn is just icing on the cake. Thats right, I agree. At least i have a chance of paying it off sooner i guess. If i panic sold all my XEM this morning, I potentially would have lost, as its already starting to make gains again. Long term is the key.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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LemonAndFriesOne
Legendary
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Activity: 1050
Merit: 1000
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July 20, 2016, 01:03:53 AM |
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Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost. Im sure alot of dumpers will be killing themselves one day. Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Well think about it like this, when you borrowed to get your home did you have NEM as a potential income to pay your mortgage? If not, then don't count it as part of your everyday spending. Your calculations should be based on what you can afford at the time with your real life income, everything else that you earn is just icing on the cake. Thats right, I agree. At least i have a chance of paying it off sooner i guess. If i panic sold all my XEM this morning, I potentially would have lost, as its already starting to make gains again. Long term is the key. Do what I do, when I see red on the charts I pick up on my hobby and forget about it for a week or so. Also, seems everyone is trying to short STEEM. Wait until this whole thing with steem blows off and people make their profit. They'll be back for the real thing.
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fob123
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July 20, 2016, 01:16:31 AM |
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Unlike most people here, i'm actually happy with the decline in price. The initial pump was too extreme and the pullback is healthy. This also gave me a chance to buy more xem.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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July 20, 2016, 01:26:25 AM |
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Unlike most people here, i'm actually happy with the decline in price. The initial pump was too extreme and the pullback is healthy. This also gave me a chance to buy more xem.
Yes i agree, its made a correction, and gives people a chance to buy who want to invest
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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raphma
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July 20, 2016, 01:47:16 AM |
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Well I guess it looks like it was a big artificial pump and now that the big boys made their money, they're on to other things.. meanwhile nem is steadily declining. The price per unit isn't particularly concerning to me, but the volume and market cap are though, and they've both been shrinking at an alarming rate.
Hope a big announcement or something comes soon to keep interest and volume moving around this coin so it doesn't slip back down the charts into obscurity. I would think there will be another pump sooner or later, but it won't be as high as the last one if history holds true.. tough call in any event.
chill dude, it's time for other coins shine for a moment. What's good still good so calm down. With eth hardfork, steem pump, vert launch and other things happening people are cashing out some XEM and thats normal.
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willowfoot
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July 20, 2016, 02:08:08 AM |
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cant wait until enough fiat pairs are trading in XEM and we have a site like this! http://fiatleak.com/fiat to xem in real time
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Caladonian
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July 20, 2016, 02:11:24 AM |
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cant wait until enough fiat pairs are trading in XEM and we have a site like this! http://fiatleak.com/fiat to xem in real time i like this more and more is really in to this project keep trying to buy and keep those xem that i can have i knew it is a good long term investment and it is not just a pump and dump but really a project that will bring good results. so while waiting just saving btc to have more xem to buy.
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shinep
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July 20, 2016, 06:23:10 AM |
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NEM's future really looks good. Hold on to your coins and you will not regret.
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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July 20, 2016, 10:29:47 AM |
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Once again im killing myself i never sold my stake when it was high and i could have bought back now. However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything. I would have probably bought back when it was still higher anyway so would not have gained much. This project has some real long term goals and there is no reason we cant hit $1 billion marketcap. We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more What would you have done if you sold at say 2500 sats and the price went further to 4000+ sats? Would probably hurt more than not selling and keeping your coins. Hindsight is a bitch. You always couldve performed better. That's why I just keep away from daytrading as much as possible.. I think NEM can easily reach 300 million market cap in the next months, which is an astonishing 200 btc per initial stake if I calculated correctly.
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jwiz168
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July 20, 2016, 10:59:57 AM |
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It is now a good chance to buy some XEM .
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