While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
I am not telling you what to do.
But in my experience cashing out of a rising star is the biggest mistake people can make in investing. It's actually the sinking boats that have to be abandoned ASAP or when the water is at your knees.
In my opinion VERI has a lot of potential, real world potential, not just mumbo jumbo shiny website but no project that most ICO tokens put out. It has a lot of energy behind it, so in my opinion it will be successful.
Now why on earth would somebody want to abandon something that can potentially be very successful?
Abandon a high probability positive thing to a low probability (uncertain) positive thing? I think that's foolish.
You're spot on. Volatility is part of the crypto game. You can't make money if you emotionally react to volatility.
You can make lots of money with volatility. My point was more that your emotions shouldn't dictate how you react to it.