Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
Cor2
on 15/09/2014, 10:58:26 UTC
Who are dumping SYS in this very low price, I really can't understand why.
Me neither, as the devs are getting closer to releasing the proper user interface for all the exciting SYS features.
Probably it was someone that needed the money out, so he sold (at a loss). At Mintpal it was one dump, at Allcoin
there was a series of smaller sales, each progressively lower. I am still holding, even considering buying more at
these low prices...
I can explain that, because I did it several times. For example you sell at 400 on a loss, invest in other coin, get 2x profit from it, rebuy Sys at 350. Now people are selling at 200, investing in other coins and planning to rebuy at 100.
They can be planning to rebuy, but they might also be crying for missing the boat when SYS suddenly takes off.
Did you see what just happened to Doge? SYS could be next.
I am not saying that Pump and Dump are a good thing - that is likely what is happening with Doge - but Sys is so
under-valued for the features that it has, it takes only one investor to see the light and start buying a handful BTC worth for the price to bounce up. Crypto is very unpredictable - only way to be sure is to not let go until it has happened, unless you do not mind missing it.