Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
Splatters
on 16/03/2016, 18:51:46 UTC
using 10 BTC as an investment volume (a number easy to multiply all values by) what is the realistic expectation of the rate of return on this gig and over what period of time? no hype merchants please.

Don't listen to the hype merchants here.

Devs made it clear that this is a LONG TERM investment, so expect a drop of 10% to 25% after Lisk launches on exchanges and it will remain there for few months until Lisk Devs actually develop or release a useful product, other than what they cloned from Crypti Platform.

How would you back up your predictions? Why would someone buy in just to sell out 10-25% lower?

For many reasons:

. Because they don't want to be stuck selling at 30-40% lower

. Because another investment opportunity presents itself (another ICO, another new coin launches on exchnages, etc...)

. Because life throws some unexpected expense that forces them to sell at any price


I can keep going...

It happens all the time, just ask others around here.


people always sell lower than their entry point, this is correct. The reasons could be smart or stupid, but it happens. Well shit happens indeed.