ASSET TRADING Guidelines



  • @Focus I sold burst4all to get worldmine assets. Why? I think worldmine is better for burst than a phone mining pool. I sold burst4all at 23 each when the issuer it at 25. Your problem with that?



  • @hah said in ASSET TRADING Guidelines:

    @Focus I sold burst4all to get worldmine assets. Why? I think worldmine is better for burst than a phone mining pool. I sold burst4all at 23 each when the issuer it at 25. Your problem with that?

    Ok now I understand why you're getting upset...

    Did you sell before or after the first dividend? I have no problem with your trade in particular, like I said again in the first post is what I don't get is why people are willing to take a loss.



  • I think it was before the first dividend, I don't remember the exact numbers but even at selling 23 each I didn't take a loss. I'm not upset because of me selling burst4all lol, I'm upset that some people here are criticizing people for undercutting. Your not the first one I've seen posting about it, I just had enough about the topic. In my opinion if the asset is good then in the long run it will work out, some people will sell and some people will hold, it's their choice.
    Edit: I sold after worldmine asset got release for a week. I normally undercut if I think the asset isn't doing well enough for me, or I need liquidity, and in the worst case I think the asset is a scam.



  • both ways have pro's and con's ..... with CCminer's way virtuly all shares bought are direct from the asset issuer and allows him to sell out fast for faster growth... on the down the asset stays staggnant ontell all shares have been released. because everyone knows if they wait new blocks will be coming at a set price.... the way many other people have been pushing block's of shares at an ever growing price. it stimulates trading in the exchange. and can be a good thing if the asset issuer wait long enough bettwen blocks for volume to be developed ... but not so long that the asset fails to grow.



  • @Gibsalot Hi
    thank you to have mention my asset!
    I have to say that CCMINER100 once all the asset have been sold (from me), is not stagnant at all!
    It got 350 000/250 000 BURST volumes per week since it's a free market (3 weeks)



  • @Gibsalot said in ASSET TRADING Guidelines:

    both ways have pro's and con's ..... with CCminer's way virtuly all shares bought are direct from the asset issuer and allows him to sell out fast for faster growth... on the down the asset stays staggnant ontell all shares have been released. because everyone knows if they wait new blocks will be coming at a set price.... the way many other people have been pushing block's of shares at an ever growing price. it stimulates trading in the exchange. and can be a good thing if the asset issuer wait long enough bettwen blocks for volume to be developed ... but not so long that the asset fails to grow.

    Yes ccminer's method is proving to be quite effective !



  • @Focus Thank you ;)



  • @hah said in ASSET TRADING Guidelines:

    I think it was before the first dividend, I don't remember the exact numbers but even at selling 23 each I didn't take a loss. I'm not upset because of me selling burst4all lol, I'm upset that some people here are criticizing people for undercutting. Your not the first one I've seen posting about it, I just had enough about the topic. In my opinion if the asset is good then in the long run it will work out, some people will sell and some people will hold, it's their choice.
    Edit: I sold after worldmine asset got release for a week. I normally undercut if I think the asset isn't doing well enough for me, or I need liquidity, and in the worst case I think the asset is a scam.

    I'm not criticizing for undercutting, my beef is that we actually give new assets a chance. The ones that have been established are fairing well on their own. Socalfarm and energizer have been having a hard time to get off the ground.

    As for Burst4all, you said this: Why? I think worldmine is better for burst than a phone mining pool.

    This is a perception that you have formed NOT having the best interest of Burst in mind but rather that of your asset portfolio, to you it made more financial sense. If you are thinking for Burst in the long run, then I do believe you did not do your due diligence in that decision. Burst4All is not just a phone mining pool. While the focus has been more on the mobile pool, because it has been ready first, there is as well a regular pool, there are miners for the asset, GPUs are going to be added. Different platforms are in the process of being developed. Marketing is being prepared for pushing adoption by the masses increasing Burst usage, and I can go on and on...

    So I will ask you this, did you really do it for Burst or did you do it because you thought you will make more profit ?



  • @Focus There are a limited supply of money and burstcoin people have, and people already invested it in existing mining assets that are doing well (ccminer). We simply don't have that much demand for new mining assets especially since the old mining assets are still growing and doing well. There are also the issues with reputation and trust involving new members and asset, like if crowetic makes a new asset everyone will fully trust and back it compared to someone else due to the risk of the asset being a scam. You might think socalfarm and energizer needs help but what's the incentive when there are so many other mining assets? If people think the asset is great or the asset proves itself to be great then people will invest in it. I didn't pay much attention to energizer but socalfarm already sold 8.66% of its total asset, I think that's doing pretty good so far.

    What you said about burst4all and me buying worldmine is basically my opinion vs yours, there is not much point in arguing about it since we probably won't change what we think. I will say that I didn't know that much about burst4all, I only read crowetic's post, and it only talk about 2 mining pools along with android market. Obviously if more people adopt burstcoin because of the android market it will be good, but I don't know how good it will be in the long run and will it pay off because I own burst4all asset. Same as worldmine I don't know if in the long run it will be good or bad, but worldmine's mining operation is already running and I like the concept better. I will be lying to say what I do isn't to make a profit. But for me to make a greater profit burstcoin needs to increase in value, so why not go and invest in the asset that I think will give me the most profit while increasing burst's value?

    This is what crowetic said and I liked it:

    "This asset is basically a test, to test the waters of the BURST Asset Exchange, and verify that a larger operation would
    be viable.

    This could mean a very large partnership for BURST, that would bring in many more users, services, and assets!"

    Anyway like I said before I think people should do their own research and its their choice on what to do. You can invest more in socalfarm and energizer if you want just like people can decide to not invest in them. People shouldn't be called out for not doing what you want them to do. Everyone is all happy and flying rainbows if giving a new asset a chance gives people profit, but what if people lose money because they give a new asset a chance? Should they ask you to get their money back or flame you because of your advice?



  • @hah Hats off to you , that reply is very eloquent and to the point !!



  • The way I see it is this...

    • Assets, are a great way to hold LONG TERM while acquiring dividends and usually MUCH LARGER APR than you can on almost ANY other investment in the world.

    • If the asset issuer has a great long-term plan, and is trusted, then selling below their release, is going to do nothing but hinder their plans for expansion.

    • if you're invested in that asset, why would you want to hinder the expansion of it?

    • Selling at a higher price of course, makes sense, but buying to sell the next day or even the next week, with an asset, doesn't... especially if that asset is doing a release and posting publicly about the release being used to expand the asset and make it MORE VALUABLE. Why not just hold on to it for a month or so, let the asset issuer sell, then sell when the asset is worth more?

    That's my 2 BURST on the subject. Carry on. ;)


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