Help me understand something here?
I get the cashing out part, I really do.
What I'm not fully comprehending is
driving the price downward cashing out
for pennies on the dollar jus to end up with less.
Through observation I see some 10K investors
literally racing to dump their stake for alot
less each & every passing day. let me get
this right, people gotta sale more 10K
when price drops to end up with less in their wallet.
Opportunity is a given here and people are settling for
little or next to nothing. Theres people around the
world who dont have money or a chance like this.
10K may be a cash cow, I expect the milking part
but some act like they wanna tip the cow over.
Financial illiteracy is ungoing and a growing issue.
Rich man making poor man decisions.
P2P360
The current conditions are perfectly normal and 100% as predicted based on economic principles. Remember my earlier analogy that some people want $1 in the hand now vs another that prefers an asset of $1,000,000 and debt of $999,999. The guys selling their stake want the $1 in hand as a risk mitigating factor based on their risk appetite. There is nothing wrong with this safe approach, whereas the other approach could have huge profits or huge disaster.
I think it is more a matter of if you accumulate more coins then what? If it can be used for something or if there is some plan to in future have a big base increase of holders then yes, keep it. Perhaps people are selling off their stake for a steady stream of income. Coins only have a value if there are someone willing to buy them at a certain price. Hence my argument early in the thread that there comes a point where 100,000 coins and 100,000,000 coins are worth exactly the same if there are buy orders for lets say 10,000. If you get a stake of 10,000 and there is a buy order of 10,000 then one guy will take the 10,000 and the next guy will sell his stake at the next buy order of say 9,900 and so the cycle continues. The value of number of coins times current price is artificial. It can be no other way unless there is a huge new market with fresh new buy orders.
Without a plan for the future, the optimal holding is 10,000 - 30,000 coins currently imo. On the other hand should a big bomb drop with some super plan for the future that will create a large buyers base, then the persons with large holdings will laugh all the way to the bank and this is probably how they view the future. This is the only explanation because why else would they collect all those coins without a buyer for them?
I like 10k and nearly got 13k now.. 
