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A good investor knows you HAVE to take profits, that's how investing works, and why BTC or USD dividends are so attractive
You can't just sit on your purchase and hope to cash-in at the end.
EXACTLY!!!!!!!!!!!! Thats why I don't understand all these pro-ambercoin dividend people. Especially since the current price and volume are abysmal the only way to give this coin the shot in the arm it needs is for the Dev to do what was originally promised and pay out nothing but BTC Dividends
ON TIME. Once a clear and trustworthy track record of
ON TIME BTC DIVIDENDS is set, EVERYONE will want to get in on Amber for the BTC dividends and that will push up the price and volume on the exchanges. This is how it looks to me at least.
I agree.
If the Q3 fiasco hadn't have happened, I would likely be a 20k AMBER investor now and have no misgivings.
Now, it's looks like I'm going to be stuck with 2400 AMBER that I won't be able to sell.
This forces me to more-than double-down, and hope the prices stabilizes and AmberDev/AmberTrade don't change anything else.
Uncertainty is bad, we've seen that. My only conclusion is that AmberDev/AmberTrade don't have enough skin in the game to care about uncertainty.
Dividends will not continue without direct sales from AmberTrade at unsustainable prices, that's the only source of dividends; you're a fool if you believe otherwise.
I've seen NO proof AmberTrade pays the dividends - none whatsoever. They are distributed solely from BTC collected from the sale of AMBER at unsustainable prices.
Theses are the things that need to happen, or this coin will fail:
1) ask/bid goes up drastically, at least to %50 of AmberTrade's ask price.
2) Dividends need to paid, as agreed ON THE BANNER AD, without voting or dispute.
