Indeed it's very alarming that some big investor trying cash out his tokens. I don't have any explanation besides this is the one with inside info about project who knows that business not going very well. I was very optimistic about Matchpool and wanted to play hodl but now it's looks dangerous imo. Any thoughts on this? I'm a newbie and it could be wrong.
Still very early days and it's trading at around 4x ico, so some early investors will be taking profits at that level. I try to do as much research as possible and stick with my decision unless new research suggests otherwise. And spread my investments across multiple projects. Although wild daily fluctuations in prices indicate short term gains / losses are possible, the best gains historically have been long term holds for decent projects. Price moves of say 50% in a day seem like a lot, but compared to 10x or 100x in a year or two it's not that significant. I'm not suggesting Matchpool with achieve any of those figures, just that it's still early days for what looks like an interesting project. Obviously just my opinion, holding my small investment here long term.