Quote from: im_not_dazzled on July 07, 2018, 03:12:04 AM

Quote from: bitcircle on July 06, 2018, 06:10:51 PM

It was golden opportunity for all strong hands who picked at that time than they are still into good position. I hope so in future it will grow it has space we can see the evident over the growth rate of this coin.

After all weak hands out, price will take off.
It's basic rule in crypto market.
Enjoy panic sells from weak guys.

Doesnt work like that.There are no strong or weak hands.

Example - if you see that price will go down and sell it to rebuy it at lower price this is smart decision,not weak hands(oftenly bots who are paying from pump/dump groups are talking about it just before imminent massive dump,trying to influence on minds of naive traders not to sell theirs coins)

- if you buy some coins at relative high price(which is not good decision at all) thinking it will go further up,but price goes down,it is much better to sell it immediately even at some loss than keeping it for many months or years,because you have to count that tying your funds for such a long time generates a lot of lost profits due to it

- pump/dump groups do massive dump(s) on the bottom price trying to cause panic sell(especially playing on bots stop limits),but there are a lot of examples that these moves and making price depressed for a too long time backfire them when they start pump,because no one invest any more in that coin,just dumping when price goes up or the panic they made get out of control,despite theirs huge funds.Many big whales lost huge money because such overplaying.

When we are talking about DOGE who has a longest pump/dump cycle of all coins,buying it over 30 sat is waste of money.