Im trying to word this right without sounding egotistical, but it needs to be said. When small wallet holders dump cheap to "make a few bucks", it hurts everyone in the coin, and it devistates those at the top that have risked thousands and thousands of dollars. Please if your just here to make a few bucks a day to suppliment your fixed income, please dump and be done, this coin is not for you. Im going to say this gently,"go in hard or GTFO".
Vegas
Small wallet holder here.
I buy when I think it's cheap, and I sell when I want to take profit or think I can buy it back later for cheaper. I will never make or avoid trades for the purpose of not devastating larger holders. I trade for my personal profit, playing the swings, without the slightest consideration to protect the questionable investments of larger players, or anyone else for that matter, which if large holders are "devastated" by small wallet dumpers, then the investment is definitely questionable in my opinion. Risking thousands of dollars that you would be "devastated" to lose, is idiotic in my book, and I'm not in the business of making futile efforts toward protecting idiotic investments of other people.
The sentiment that people should make trading decisions based on protecting other people's interest is ludicrous. Trading is a competitive activity, like poker... with everyone looking to make profit for themselves, more or less at the expense of some other traders.
I started out buying 1 MMXIV coin. I sold it for double what I paid, then bought 2x as much when the price came back down. I've done that several times over, earning back my original investment in BTC, plus I now have over 7 coins that are "freeriding", most of which are for sale at over 0.07 on the book, but I would sell them at any cheaper price if I became convinced it was in MY best interest to do so.
Zero fucks given whether this coin is "for me" or "not for me" or who it's "targeted for". I will continue to trade and sell at whatever prices I think are most profitable FOR ME... just like everyone else, probably including yourself.
umad bro?