Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014!
For those supporting the coin:
If you bought 10,000 EAC at 400 and you now buy another 10,000 at 200 your position to 'break even' falls from 400 to 300 iyswim? So now in order to make a profit the coin would need to go above 300, not 400.
It is a common strategy to buy in intervals as a coin heads down bring down your 'break even' point and also the point at which you make profit too.
If you bought 10,000 EAC at 400 and you now buy another 10,000 at 200 your position to 'break even' falls from 400 to 300 iyswim? So now in order to make a profit the coin would need to go above 300, not 400.
It is a common strategy to buy in intervals as a coin heads down bring down your 'break even' point and also the point at which you make profit too.
That strategy only works if the price rises up to meet your break even point at some time, otherwise you are just investing more money you will never get back. Foolish strategy in this case. That is an excellent way to lose everything . So you buy 10k at 400, then another 10k at 200, now your breakeven is 300. But now the coin is at 150, now do you buy a shitload more to try to catch the break-even bus? How far do you go with that strategy, will there ever come a time when it is better to abandon that method and liquidate, and try to recover something at least?
LOL now i know for a fact you are desperate, you really act like a bitch who talks the talk but doesnt walk the walk.
If you say you are leaving, just leave...do you have no honor ? ROFL
you crack me up