ASSET TRADING Guidelines



  • It depends on the strategy of everyone. I'm selling a lot of assets to buy Worldmine, cause I think this is the type of asset that I/we need. For quite some time I was letting some buy orders at cheaper prices waiting for someone dumps. When happened I was selling 80% of this immediately, to take back my Burst. But seeing the potential dividends I've stopped doing that.

    What I'm doing right now is selling all my assets from "not verified members" (That haitch verification). This is a particular reason of mine.



  • @Focus But surely burst4all is exactly what I was describing? pre-sale at 20, then the Asset issuer put the price up to 25 and the pre-sale buyers sell at 24.999?

    Rich



  • @RichBC said in ASSET TRADING Guidelines:

    @Focus But surely burst4all is exactly what I was describing? pre-sale at 20, then the Asset issuer put the price up to 25 and the pre-sale buyers sell at 24.999?

    Rich

    Yeah, I remember that. The presale was tiny just to give an added bonus to the early adopters. Didn't figure they would try to resell and not hold on to it.



  • @JotaJota said in ASSET TRADING Guidelines:

    It depends on the strategy of everyone. I'm selling a lot of assets to buy Worldmine, cause I think this is the type of asset that I/we need. For quite some time I was letting some buy orders at cheaper prices waiting for someone dumps. When happened I was selling 80% of this immediately, to take back my Burst. But seeing the potential dividends I've stopped doing that.

    What I'm doing right now is selling all my assets from "not verified members" (That haitch verification). This is a particular reason of mine.

    Yeah, but you didn't sell them right after buying them !!



  • @Focus So just looking at burst4all I say again the problem is not the quick sellers but the Asset issuer being greedy with their price hikes, particularily when the Asset is completely unproven. Asset issuer price now up to 40.

    I think the question is why would you not sell at least some of your holding if you bought in at 20 or 25? How long is it going to take to get that much back from the Asset?

    Rich



  • @RichBC said in ASSET TRADING Guidelines:

    @Focus So just looking at burst4all I say again the problem is not the quick sellers but the Asset issuer being greedy with their price hikes, particularily when the Asset is completely unproven. Asset issuer price now up to 40.

    I think the question is why would you not sell at least some of your holding if you bought in at 20 or 25? How long is it going to take to get that much back from the Asset?

    Rich

    Ummm, dude, did you really call @crowetic and myself greedy? Or are you just still mad that you didn't get to buy worldmine at 90 so you can turn around and make a micro profit? You seem to be defending the your stance quite adamantly, and that's just telling me that you are one of those who takes advantage of bonuses/prereleases, so I in turn call you out as being greedy.

    As for the price being at 40, once again that is a placeholder since the asset release is sold out. Now if you were to read the thread on burst4all you would know that the method ccminer is using has been adopted, sell the release, wait for upgrades, once finished, turn around and release another block.



  • I don't think there's need for personal attacks here right?
    Rich is making a valid point which in my opinion should at least be considered. as for me it would make sense for people wanting to make a quick profit, and use this way to do so. that's the way the market works, and has always worked.
    I do support your asset, and bought some shares of Burst4All myself, aswell as Worldmine and hate to see it's growth limited by this, but I think it's a reasonable train of thought for them to do so.
    and if you don't want this to happen, you should find a way to take precautions (Like for example ccminer does)



  • @Focus I am sorry these are not micro profits. This is a Doubling in a few Days and it's a certainty with no risk. Yes I am defending because what we see going on here is exactly what happens when there is a new share issue on the Stock market. There will always be those keen to take a quick profit and move on.

    Ok Greedy was the wrong word, Sorry. But Asset Issuers should not be surprised, particularly when they pre-announce that future releases will be at a higher price, that some people choose to take advantage of that.

    What we are seeing is normal market trading and quick profits are what some people want. In fact we should be pleased that our market is working in that way.

    Rich



  • @RichBC said in ASSET TRADING Guidelines:

    @Focus I am sorry these are not micro profits. This is a Doubling in a few Days and it's a certainty with no risk. Yes I am defending because what we see going on here is exactly what happens when there is a new share issue on the Stock market. There will always be those keen to take a quick profit and move on.

    Ok Greedy was the wrong word, Sorry. But Asset Issuers should not be surprised, particularly when they pre-announce that future releases will be at a higher price, that some people choose to take advantage of that.

    What we are seeing is normal market trading and quick profits are what some people want. In fact we should be pleased that our market is working in that way.

    Rich

    Understood. And yes segment growth is also important.

    You keep going on about announcing asset prices, concerning burst4all, there was no release pricing stated in the OP. I may be mistaken, and the only incentive was offering a small quantity at 5 less burst for early adopters.



  • As far as i am aware. My asset was (still is?) only one that had planned price increase and reason for that increase. Afcourse as all such things it had an asterix explaining that it might change. And because of that i did only 1 planed increase while others that are scheduled will be first analyzed of how asset is doing (mostly since asset hasnt reached big enough capacity to grow faster so further price increase is not viable at the moment). All in all it depends on assets issuer plans and his willingness for transparency :)

    But again you dont see me complaining that after increase someone is selling his assets and making a quick profit. As someone mentioned - thats how free market works :)



  • @Focus said in ASSET TRADING Guidelines:

    Or are you just still mad that you didn't get to buy worldmine at 90 so you can turn around and make a micro profit?

    You are right I did miss out on worldmine at 90. So I made the best of a bad job. Bought twice what I wanted at 95, waited until the Asset issuer put the price up to 100, then sold half at 98.9 giving me a buy price of 91.1

    Rich



  • @RichBC said in ASSET TRADING Guidelines:

    @Focus said in ASSET TRADING Guidelines:

    Or are you just still mad that you didn't get to buy worldmine at 90 so you can turn around and make a micro profit?

    You are right I did miss out on worldmine at 90. So I made the best of a bad job. Bought twice what I wanted at 95, waited until the Asset issuer put the price up to 100, then sold half at 98.9 giving me a buy price of 91.1

    Rich

    yes, you made yourself a profit and did ok with that



  • @LithStud said in ASSET TRADING Guidelines:

    As far as i am aware. My asset was (still is?) only one that had planned price increase and reason for that increase. Afcourse as all such things it had an asterix explaining that it might change. And because of that i did only 1 planed increase while others that are scheduled will be first analyzed of how asset is doing (mostly since asset hasnt reached big enough capacity to grow faster so further price increase is not viable at the moment). All in all it depends on assets issuer plans and his willingness for transparency :)

    But again you dont see me complaining that after increase someone is selling his assets and making a quick profit. As someone mentioned - thats how free market works :)

    Not sure you understood my point, for starters I am not complaining, I am trying to understand. And the point I am trying to make is why sell for less than what you have paid for, example socalfarm, people sold less than what they paid for, it makes no sense.



  • @Focus I am far from convinced that there is much evidence of people selling for less than they bought for? Yes people are taking quick profits as has been discussed.

    In the case of socalfarm it's only about 5000 shares being sold at a tiny loss, could be anything from straight change of mind to seeing a better opportunity elsewhere?

    Rich



  • @Focus my comment wasnt targeted at anyone :) it was just a point of view from someone who actually has asset that increased it price and everybody knew it will increase price.

    Sorry if it looked like a jab at your post.

    As for those selling under. Well it might be simple reasons. Tho only way i see myself selling at loss if i suspect assets crash due to some reason. Or if in dire need for cash :)



  • @Focus said in ASSET TRADING Guidelines:

    Asset Trading Guidelines:

    Ok so this post is due seing how the Asset Exchange is all over the place with trades

    First of all, for the life of me I cannot understand all the devaluation of our assets. Why in the world would anyone want to sell lower then the current Asset Issuer's current rate?
    Well, I can think of someone needing instant liquidity, but I say maybe a different approach should be taken, such as, putting an interest post in the Asset's forum topic.
    That way you can let people know that you want to sell, that you are willing to accept a little less, but most of all, you will not be HINDERING the growth of the asset.
    The Asset issuer can continue to sell and further grow/expand on the asset. People stop being selfish and wanting just to make that mininmal micro-profit and let the issuers grow the asset and get you more value in the end.
    Wouldn't you like to sell you asset at 20-30 or even 100s more Burst per instead of selling it for lower?? And at the same time you are getting dividends...

    Where should I place my sell orders? How about right below the asset issuer's release price. And I will say this as well to other asset issuers, please give some time to your asset holders to do some free trading for those who are in need. This works both ways guys.

    I would like other's opinions and tips on the subject !!

    I think it's fair game for the everyone to buy and sell at whatever price they want since it's an OPEN MARKET. Most of the people here are adults and I think they can make their own decisions without someone telling them what to do. I'm sorry to say but what you said pisses me off because your trying to stigmatize people for selling when it's those very same people that invested burst into that asset first. If someone feels that the asset isn't performing well and undercuts the asset issuer what's wrong with that? How long you think "growth" will take? Assets are always growing you wanna wait 1 year on a slow growing asset while a new better asset comes along but you got no burst to invest in it? What if that asset is a scam? People shouldn't allow to try and get some money back? (bad example because someone else needs to fall for it too, morally what will you do here?) You might think it hinders growth but no one can predict the future, the asset might fail or bitcoin starts snowballing and burstcoin value go lower, or burstcoin value goes higher and the asset can't support its value. No one knows when is the best time to sell or when is the best time to buy.



  • @hah said in ASSET TRADING Guidelines:

    @Focus said in ASSET TRADING Guidelines:

    Asset Trading Guidelines:

    Ok so this post is due seing how the Asset Exchange is all over the place with trades

    First of all, for the life of me I cannot understand all the devaluation of our assets. Why in the world would anyone want to sell lower then the current Asset Issuer's current rate?
    Well, I can think of someone needing instant liquidity, but I say maybe a different approach should be taken, such as, putting an interest post in the Asset's forum topic.
    That way you can let people know that you want to sell, that you are willing to accept a little less, but most of all, you will not be HINDERING the growth of the asset.
    The Asset issuer can continue to sell and further grow/expand on the asset. People stop being selfish and wanting just to make that mininmal micro-profit and let the issuers grow the asset and get you more value in the end.
    Wouldn't you like to sell you asset at 20-30 or even 100s more Burst per instead of selling it for lower?? And at the same time you are getting dividends...

    Where should I place my sell orders? How about right below the asset issuer's release price. And I will say this as well to other asset issuers, please give some time to your asset holders to do some free trading for those who are in need. This works both ways guys.

    I would like other's opinions and tips on the subject !!

    I think it's fair game for the everyone to buy and sell at whatever price they want since it's an OPEN MARKET. Most of the people here are adults and I think they can make their own decisions without someone telling them what to do. I'm sorry to say but what you said pisses me off because your trying to stigmatize people for selling when it's those very same people that invested burst into that asset first. If someone feels that the asset isn't performing well and undercuts the asset issuer what's wrong with that? How long you think "growth" will take? Assets are always growing you wanna wait 1 year on a slow growing asset while a new better asset comes along but you got no burst to invest in it? What if that asset is a scam? People shouldn't allow to try and get some money back? (bad example because someone else needs to fall for it too, morally what will you do here?) You might think it hinders growth but no one can predict the future, the asset might fail or bitcoin starts snowballing and burstcoin value go lower, or burstcoin value goes higher and the asset can't support its value. No one knows when is the best time to sell or when is the best time to buy.

    Ok let's go with your logic then. Why undercut the asset issuer if you have not even given the asset a chance to prove/disprove itself. I am particularly talking about new assets that have not even been given a chance yet to prove anything and not long standing established assets.



  • @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.


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