Burst desperately trying to hold onto 500
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@Nisc3d I am often wrong.... but am concerned that we might see a big sell off, either as a reaction to the latest drama or because Adam may Dump in order to Pump again? So I have sold everything that was liquid for the moment.
I feel it's a win win, because I have made some nice gains and if it goes down I can buy back, but if we hold or go up, Mining is great, and hopefully we will see some recovery in the Assets that are too illiquid to sell at the moment?
Rich
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@RichBC Mostly my real life friends convinced me to sell. From 50€ to 400 is impressive and I sold for €, because I don't know for how much time the bitcoin price is so high. I think Adam is done with dumping now. He will try to bring it up again, but we will see if that's successful with the current situation.
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I would have loved to hear the analysis of @FXALTareeq on the situation if he was still around :)
@Nisc3d I would advise you to buy back your coins if the price goes down. The big profits will come to those who hold their coins for years, not days, weeks or months :)
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@Gadrah_ Ok, I hope bitcoin is down again then.
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@Nisc3d Most importantly do your own research, only buy when low and sell when high, think about each of your moves not twice but three or four times and be patient !
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@Gadrah_ Yep, I will do that.
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This post is deleted!
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@Nisc3d 504 has been good for 4 Hours now hitting 502 for the first time. 7BTC at 500, which could be pulled and then nothing until 472/3. We will see?
Oh dear.......
Rich
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@RichBC And there it goes down.
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Yeap Sold rest at 503 right before drop. It might hold @474 for some time but then it will drop to 445 IMO.
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@Hyzi0 My latest scooping up of Burst did not get to polo in time, seems to take forever... So let's get the dead cat bounce over and see where we end up? But anything could happen, so always best to hedge your bets.
Rich
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@Nisc3d and othere selling cause of the drama...
DON"T!
selling is making things worse, just hold on at least for a few days...
"if your not part of the solution, then your part of the problem"
buy and hold and be part of the solution!
That is just going to feed the beast saying look with out him ppl are leaving etc and use that as he did the @crowetic video in a way to make him out to look even better
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@falconCoin You can't go telling people what to do and what is happening is way outside anyone that is reading this thread. Even without the Drama after such a large and fast ride correction is normal and necessary.
Rich
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@falconCoin I wold rather say create buywalls at AE and buy some cheap assets. I'm talking about my trading funds on polo not about all the burst I have^^
Don't dump it! It's the simply worst thing you can do. If you want to freeze current price of burst for yourself then simply buy futuros asset^^
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@falconCoin 1. It's already too late.
- I need money in real life and from 50€ to 400€ was good for me already and I stepped out.
- I am not leaving, I still have my assets and my drives (5 tb) and I will continue and be part of the burst community.
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@falconCoin On a rise like we have just had you must take some profit. How much depends on how much faith you have in the long term and to what degree you are happy to sell and buy back. The peak and the bottom when it comes will with hindsight somehow look blindingly obvious, however not so easy when looking in real time. :-)
Rich
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i wasn't telling anyone what to do i was just saying, if your selling cause of the drama, Don't.
never said don't sell to pay bills etc..
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@falconCoin Drama was just another factor for me, not the main cause.
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@Nisc3d Drama just added fuel to the correction that was going to happen at some point anyway.
Rich
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@Nisc3d sorry but that is not what u posted. i saw on BN other ppl selling cause of the drama too your not the only one who said that