Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Experiment 10k | Stress Test Blockchain | Cloud Staking | GorillaStake.com
by
gkv9
on 12/02/2015, 15:21:08 UTC
Would you prefer $1 in cash in the one hand or on the other hand an asset of $1,000,000 and $999,999 debt? If your view of 10K is a short term one you will the take the $1 in cash which is what the sellers are doing to take their profit now. If your view of 10K is a long term one, you bank on the potential of the $1,000,000 becoming $10,000,000 in the event that the value goes up, which is what the buyers and hoarders are doing.

True... Also, I didn't have a short term view on that, but needed to sell them as I wanted some BTC urgent in order to buy in some more at lower rates, as have been watching that everyday, ~10-20% of the price goes down, which ain't just profiting, but also letting me accumulate more and more coins in order for me to be able to include myself in the big buyers... Wink