Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency! UPDATE TO v1.1
by
joknjokn
on 21/02/2014, 11:55:09 UTC
Im waiting for the BTC drop again then buy 3 hopefully to turn them in to Redd

It is already at 559 USD/BTC at btc-e.com. Remember that RDD probably is on its way up now, and that every increase in value is several percent. Those percent you gain in waiting for the btc price to drop might be lost in the increment in price of RDD.

Investors, listen to this guy. If RDD goes up by just 1 satoshi, it's almost 10% increase. If you wait for BTC to drop, you should only do so, if you think BTC will drop more than 10% AND if you think RDD won't go up by more than 1 satoshi before you buy.

In my opinion, waiting for cheaper BTC is the same as convincing yourself that you're going to do a stupid investment. That is stupid.