Quote from: presstab on April 25, 2014, 05:20:44 PM

Quote from: tokyoghetto on April 25, 2014, 03:30:59 PM

Quote from: Trishula on April 25, 2014, 03:24:31 PM

Excellent thread so much info!!! Thank you!!!

You are very welcome. I hope you stick around and join the Hobonickel community. Very fun and mature people working towards a common goal.

Tokyo what is your opinion on selling of stake during times like this when the price is rising quickly? One side of me wants to add liquidity to the market because liquidity makes the market more healthy. The other side of me wants to keep the coins to continue to stake them.

You need to look at your trading plan, it should hold the answer. For example, If my trade plan says that I must hold at least 10000 HBN as a core position and I only sell staked coins, then let it so. Sell some staked coins and enjoy the profits.

But if the trade plan says that you will only sell staked coins if the price of HBN is over "x", then follow the plan accordingly. You can also set different rules to guide you on when to sell. Some rules can be:

HBN price over "x"
Staked coins total amount above "x"
Staked coins value over "x" in BTC.

If you dont meet the criteria you have set for yourself, then continue to hold and compound until you do. In my case I have told myself that I will not sell any coins until my core position is over 100000 HBN. Its going to be a true test of my discipline if HBN continues higher in price and I continue to hold.

I hope this helps.