Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Official Sexcoin Thread - New Client In Testing
by
hawas
on 11/12/2013, 08:27:59 UTC
Yeah a,, the Asian market has woken up now to dump the Coin.but I am not perturbed..I was trying to sell just 500 sexcoins al day on cryptsy but it was playing up..because I couldn't buy and sell and do trades as i wanted I am down 0.2 btc thanks to the site not functioning properly..I hope they put sexcoin on coinse as well so we have choice..If one site isn't functioning properly we could trade on another..Or is there another place that trades sexcoin? I would never sell a coin undervalued and selling now would be silly..I think sexcoin has a lot of stuffing in it.. Smiley

the asian market has been up for awhile, call it the european market started the dump. But don't worry, this is normal when you take 10000% run. I'm surprised it didn't happen earlier. The dump started when a stupid guy placed a 100k offer at .005. Funny, he's still there, maybe he has now learned that trying to sell big blocks creates a selloff

It's not the 100k offer that did it, it was the end of the rise. Actually the chart shows a classic elliott wave up with 5 legs. There were a lot of 100k+ sells earlier and did no harm.
On another note, I wouldn't get caught up trying to achieve optimum trading, buying at the low and selling a the very tip, it's impossible. For my experience this 2 days, I started with 190k (bought around 0.00012). I sold 120k of them at avg price of 0.00025. Now this is a nice 100% profit, but if I looked at it from the point that it multiplied 30 folds later, I would have had a heart attack Smiley.
I sold my last 70k at 0.006 (on the rise not the decline), overall I went up from around 2 to 15btc. Had I kept those 120k, I would have much more now, should I regret the selling?
I don't, I see it that I made some profit from the 120k, and more profit from the 70k.

The downside is, I returned to smoking after 6 months of quitting Cheesy