"Long time holders selling their positions" Well that is completely wrong IMO as the majority of long term holders will wait a lot longer and not sell for minimal profit or panic sell during a downtrend. You mean weak hands and greedy traders that have dumped XEL (and basically every other alt) to cash out on the BTC rise and fork, so I think the alt uptrend will begin in Nov-Dec after BTC settles down.

XEL is no pump and dump, there will always be profit takers after a spike. I wouldn't expect much XEL market action until the devs have finished the first version of the computation engine so I think many smarter traders will wait for that or the final product. If you think selling now and investing in something else is a good idea then please go ahead, it is your decision and it will be probably a long time before more developments happen so if you aren't able to hold long term this probably is not be the crypto for you, although this is not a problem for myself and many others. I wish you all the luck with your future investments though!

I'll have faith in this project as long as the devs are working on it, I don't care how long they take. They are choosing to do this in their free time without pay, which is something I really respect.