Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
dynamite
on 21/10/2014, 07:29:47 UTC
Quote from: allyouracid on October 21, 2014, 07:20:48 AM
Quote from: B_ReaLm on October 20, 2014, 10:56:27 PM
Quote from: spacerman on October 20, 2014, 10:44:57 PM
I've been following this forum all day and every five minutes someone thinks that the price of CANN is going to rebound. I'd love to see that...but I don't think it's going to be happening anytime soon. The community is optimistic, but I just don't see a short term future for this coin.

And why do you think this.......your "gut"  Huh    Grin
It's plain and simple experience.
And I sincerely hope that those who were cheering "buy, buy, buy, it'll rebound soon!" yesterday evening will learn that for future investments. Just look at the graphs of other coins. There is no rebound.

This is correct.

It's nothing bad against CANN. It's just a simple fact of how markets go. Advice for anyone looking to get more CANN = Buy next week or in 2 weeks. There are some large holders who do not care about CANN and will be selling over the next few weeks.

Selling your CANN and buying back isn't recommended because it's risky. Although, if you don't have any more bitcoin to invest when price drops then selling and buying back may be a good option.

I don't understand why supporters of CANN don't think this is good advice. It's going to happen so why not help each other out by informing others of how unstable markets work. We want to push out the whales and get the coins in the hands of community members who are not going to sell.