Hi,
I don't speak English very well, but I'm wondering if the price of this coin will raise, because, as you know, more than 100.000 shellcoins are created every day, and I don't know where is the buyers... And then, we have other coins with the same features, like Graviton, DarkCrave and Isotope. I have the top wallet on bittrex, but I'm wondering if I don't sell them to go to Graviton: she has only 1,5 M supplies, and the Dpos reward is very lower than the Shell reward. Who is convincing me to stay here in your community?
I am staking because I like what the dev has done so far, he knows what he is doing and I get the feeling he is right behind this project.
I am also not in a hurry to turn from one coin to another. If you have the top wallet on bittrex, why aren't you pulling that off and running a node/s or just staking them.
The downside to crypto is that no one has any patience and it really annoys me. If I were you, I'd stick with it for a few weeks and see where it goes
The problem is not the patience, but I lost more than 30 btc with the altcoins, and now, if Shell going down forever, i'm dead. With only experiment 10K, this coin make me around 6 btc loss. I notice you that i'm a newbie and i'm still learning about cryptoworld.
if your just getting into to cryptos and have lost that much you are going in too deep on new coins and need to learn when to enter and exit at the right time, before 10k crashed to 1 sat and was slowly coming down I made a bunch of profit from staking it even when it was at 5- 10 sats then once it was at 1 sat I just staked until the swap. diff coins take diff strategies, people taking losses due to panic selling/buying is about them either not thinking before they bought or not having the patience to wait out the dumps. If you buy more than your willing to walk away from on brand new coins you'll always be stressed on price dips and be tempted to panic sell.
when I was first getting into cryptos I knew I would lose my shirt if I dove into too deep so only played with small #'s and tried to be as cautious as I could lol and still lost a significant amount of my gains on multiple occasions because I didn't make enough rules to trade/hold by and broke the one rule every newb should follow "never fall in love with a coin" (especially new ones they are much too unpredictable) well over a year now and have added many rules to my crypto book and will only enter a new/developing market with a small amount of BTC theres no way to tell if a market that is only a few days/weeks old will be able to handle big buys or exits and how much recovery time it'll take after someone makes a large exit (or dump as people seem to like to call it)
I bought most of my first SHELLS at 3k - 5k early on and made up for it through the dpos blocks I found... if someone bought early at that price and didn't stake their coins expecting just trade them not realising that the price was going to drop near the end of the dpos blocks then that is their fault for not reading/predicting how the market will react correctly. as I mentioned every coin may take a slightly diff strategy or even drastically diff strategies. I've happily bought more SHELL at 1600+ over the last couple days. I enter a new coin "shallow" and start going in a little deeper as I gain a clearer perspective on where I think a coin is heading based on the dev, their plans and market feel.
and always stay diversified
Looks like I'm not the only one taking advantage of the sell off because last night when I got mine running I was number 13 masternode and now there are 16.
