my wallet is still syncing but it will be minting new coins by tonight
The way I see it, I sold a quarter of the coins I bought in the ICO for 5x what I paid, so I'm already in the black. Anything additional is gonna go for staking, and in the instance that this coin survives the shakeout and beyond, I'll be sitting pretty.
To be very honest, I thought that the best I'd be able to do is double my investment, and the worst would have been to lose my investment. This run has really caught me by surprise, and quite frankly, I'm not mad by any means
I did the same thing sold enough to recoup my original cost. Plus I have been getting coin @ 4 sat. with what I call antagonistic persuasion. This situation BIGUP was in sort of lent itself to being an opportunity to get the cheap coin that "one" has been claiming was a dev. dump. So soon all his coin will be mine. He can't do both drive down price and keep his coin. So I been helping myself to it. He drives down price to 4 sat by dumping his coin....and I buy it cheap. Just put your order in before he does at 4 sat. and you break his chain and soon he will be running flat. Now I am filling up my stake wallet with it.
Even if it stays at the price you acquired it at, it stakes so well. You will always expand the value of what is in your wallet. Risk margin is cut down significantly.
that is another reason ICO's should start at 1 sat or at least really low, most of them turn out to be dump and ditch "devs", and we are being asked to buy something on trust without seeing a finished product etc since there is so much risk before launch it makes sense to lower the risk as much as possible... then if everything seems legit and runs smoothly the dev with the help of the growing community bring it up off the floor and everyone is smiling.
If I had bought during the ICO I would have done the same, sell 1/3 to 1/2 to get my OG investment back then sat back and wait to see what happens if things seem good then I'd start putting some profits on the buy wall and decide how much risk I'll take... but at least you take away the initial risk.
but since I just found it the other day, it's been well over a month and thing's seem to be progressing and 5 or 6 sats is still dirt cheap so I figure it's well worth a bit of risk