Quote from: sisquo2121 on March 14, 2019, 02:55:13 PM

Quote from: vinnieG on March 14, 2019, 10:47:19 AM

Quote from: sisquo2121 on March 14, 2019, 12:04:11 AM

This update didn't change the price at all. Its still 23 k sats. I was hoping it would boost the price. It looks like we'll be stuck in this low sat range for the next several years before a bull run happens. Angry

I'll just dump this coin and look for some coin with important news that will move the price. I can't have a coin just stay the same price. That's not how you make money in this industry.

Factom announced a major partnership a few months ago and went on a bull run that increased its price 7 fold in a few weeks. That's the kind of gains I'm looking for in my investments

It seems you do not understand a lot about investing, but are just simply gambling on news speculation. For Stratis to have an organic and sustainable increase in value; product development, adoption, partnerships and marketing are required. Many different pieces need to fall together and this will take time. I have been accumulating Stratis since ICO and never sold any so far. Will hold them at least for 5 years regardless what price will do.

You have zero understanding of how to make money. The same kind of idiot that tells people to hold the coin while they're investment sinks to almost zero. The mass adoption clowns that tell you to just hold your almost worthless bags until the market picks up 5 years from now and you'll be able to hit the moon shot.

You make money in the industry by not waiting but actively seeking small gains all the time. All I wanted was a gain to 40 k sats. I'm definitely not waiting for a moon shot; I know this coin won't have that until bitcoin starts going bull . You could randomly stick your money in any coin and if bitcoin was going bull that coin most likely would be going on a moon shot.

The key is finding coins that can produce small nice gains in a bear market and this coin is not doing that. I have a very clear understanding of what to invest in and right now this coin is not it.

Everyone is going to have a different investment strategy. People use two determining factors to build their portfolios: risk tolerance and timescale tolerance, whether they're doing it consciously or not. There is no "one size fits all" investment strategy. For example, the one you've outlined here wouldn't work for someone with a large amount of money: the kind of money which comes with significant liquidity considerations. Most investors adopt a strategy which balances short-term trading and long-term investment. It's a personal decision determined by risk tolerance and the time they're wishing/willing to be invested for.

The biggest gains are made by slowly entering a large position for a long-term hold and exiting equally slowly. Stratis saw a 300,000%+ gain even before it hit its ATH. Gains of this magnitude are harder to achieve by compounding smaller gains (let's say that you are a very capable short-term trader, to see 300,000% on your initial investment you would need to double your money 11 times consecutively, and then see a 50% increase on top of that: 100% gain-trades 11 times over on the same lump of money - bearing in mind the considerations you have to take as that sum increases - and then some). However, that doesn't invalidate short-term trading such as you've outlined above; both strategies are equally valid and will be employed according to each individual's risk tolerance and timescale preference. Talking about the market in terms of cycles suggests you have a lower timescale preference (but I'm not going to put words in your mouth, of course, just my reading of the situation), so your strategy probably works for you, which is great. That doesn't mean that it will work for everyone, in particular those who have a higher timescale tolerance.

This book is from 1949: https://www.e-reading.club/bookreader.php/133361/The_Intelligent_Investor.pdf

The lessons within are relevant to this day and fully applicable to treating the cryptocurrency industry as an investment.