Quote from: teomcmurphy on March 20, 2014, 11:11:28 PM

Quote from: brightlight on March 20, 2014, 10:51:47 PM

Quote from: teomcmurphy on March 20, 2014, 10:15:38 PM

Quote from: brightlight on March 20, 2014, 09:43:09 PM

Quote from: Altcoin_Ace on March 20, 2014, 09:41:47 PM

Quote from: brightlight on March 20, 2014, 09:39:51 PM

Hey, guys honestly, what max price in long term do you predict for SPA?

Will it be around the current price?

pewpew SPA is a sleeping giant, once it awakes it'll surprise the fk out of everyone.

If I am in almost complete loss, is it reasonable better to hold? I am not good at daytrading.

just curious, whats your average buy price?

My average price is around .003. So I wonder if SPA will ever reach that level. I did bad mistake, buying in a rush. I have learned very much from this.
There were opportunities to rise coin count within waves, but I didn't due to being afraid to lose more. No trade in stress. So now I see the price and feel more overwhelmed and at some moments laugh, how ridiculous were my actions.

0.003 could be worse man :-)

my general advice to anyone buying/selling these coins is that they should be treated as call options. They have a high potential upside, but have a good chance of losing 99% of their value over the life of the trade. Thus, every amount you buy you should be willing to lose.

You should think about that before you make the trade, ask yourself "if it lost 100% of its value would I be able to trade another day and pay for essentials like food, gas, shelter?" and if the answer is yes then by all means make the trade and hold on to it.

The great part about these coins is its like having perpetual call options, so at ~30cents/coin, SPA's valuation is justified by its time value premium alone. a fucking steal, in fact, considering its still a baby coin. Also as we saw with AUR, while they may be low probability, there are some paths SPA could take with spectacular payouts.

so yeah tl;dr if you don't need the money to eat or pay rent, child support, etc then hold em. or don't... still nibbling myself at these levels and wouldnt mind buying more dirt cheap SPA

Thanks for advise! I'll hold likely. Maybe I'll try in some wave to snatch some more, if decide to daytrade.