Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
sidhujag
on 21/07/2014, 17:41:09 UTC
Who is dumping VIA, price in exchange keeps going down these two days...

See the thing is, most people don't care about/trust in at coins. Only btc. So people bought in the ipo at around 6 satoshi, why not sell and get more btc than you spent instantly? If I would have invested in via I would have dumped as soon as I saw it at 20k, massive btc profit which in the end is all that matters

If you dump a promising coin after only a 3.5x gain (20k satoshis) then you can't come out ahead in the long run.  You need your occasional 20-25x homeruns to offset all those that become losers.  

Cut your losses and let your winners run? easier said than done but yes thats the way to invest. Just hindsight is 20/20 they all feel like winners.