Could somebody try to explain to me why oh why would anybody sell so low after getting in on the ICO for at least 250sat?
My head is about to explode from trying to reason that. I know, panic sellers, but that doesn't explain the shear stupidity!
Because the assumed the valuation would increase immediately after launch.
It didn't increase. It fell.
On realising they were wrong they are now cutting their losses in case it goes into the hundreds.
Cutting losses? Gosh, this is getting stupid already...
So, as an investors if you are not on a profit AS SOON as the market opens you panic sell?
That's not called cutting losses, that's called being a stupid trader and inpatient "investor"