Any1 got any idea what would be a realistic price for q1 of 2018?
These price fluctuations can do alot of harm if people fear of losing it all and start dumping.
Would listing on cryptopia be a good thing, price related, or do you guys think people will start dropping coins once colx get listed?
Dont get me wrong, im in it for the long run
You can backread my predictions... maybe some other people can add theirs save me keep repeating mine...
Personally, for me, the Cryptopia listing really is the icing on the cake! It moves COLX up a notch and into a whole new league... To be perfectly honest, I've been absolutely amazed at the incredible growth that we have seen already as it can only currently be purchased on two relatively obscure exchanges... so most people have to go specifically out of their way to set up accounts, on exchanges they've probably never even heard of before, just to get their hands on some COLX. If it wasn't as good as it is, I think most average people wouldn't even bother with all that hassle.
So listing on Cryptopia gives it much easier access, on a much bigger and well respected trading platform, with thousands of avtive traders with money, who regularly trade all of the time. So we will see even bigger ralleys when COLX starts moving up, like it did recently, as a lot more people will see it moving and very easily be able to jump on it and join the party; which, in turn, will give it even greater volume and velocity.
The chances are thatv99.9% of people on Cryptopia won't have even heard of COLX yet... thus they won't be holding any to dump, even if they wanted to. So it opens COLX up to thousands of new traders with money, literally overnight, ...and their only possible option will be to buy if they want to get involved with COLX ...and that should continue to push COLX up and up to all new highs!
Thats the vary basis of trading; one man's loss is another man's gain, ...and it often comes down to who has the biggest balls: to sit and hold when everyone else is panicing and selling... and just sit there, like I just did, buying up all of the bargain coins on offer... knowing full well that it will very soon turn around and go back up again.
As the old addage goes; what goes up, must come down... and what goes, down must come up again... So, as I said in the post above, smart traders always take advantage of the dips... And, as I write this, the price is back to virtually what it was before it dipped earlier... and I brought another load of coins at a great discount... (y)
HAVE A VERY HAPPY & VERY PROSPEROUS COLX NEW YEAR!!
& STAY STRONG!
Pete...