Overvalued at current moment. I think price 0.3$ will be good point to buy it.
$0.03 more like... the devs basically pumped it up, then sold their stash, and left everyone buying at the top holding a bag.
Do you feel more comfortable thinking this way? Is it blaming others for own poor assessment really that relieving? I guess it's okay if it works for you.
I bought at $1, and sold at 95 cents. I never bought at $2 because that's stupid. People who bought there should SELL right away is what I'm saying.
Anyways, I sold it for 95 cents and immediately bought Oyster Pearls a week and a half ago.
I'm really glad I did.
You're basically saying that people should settle for loss, instead to wait and collect profit in couple months. I know everybody would love to become rich in a week, but it doesn't work that way.
I'm just saying that if a coin doesn't have much potential, which I *believe* (I could be totally wrong - if EMC2 goes 5x next week, I'll regret it for sure, I admit that), then it's better to swap it, even at a loss, for a coin you believe does have potential.
Otherwise, your coin will remain stagnant, and you will miss an opportunity, losing even more money.
I used the same thought process to sell Bitcoin (Tr)ash (for Solaris and Espers) and Bitcoin Gold (for SHIFT). And look at where Bitcoin Gold is right now.
I agree with you, And that is nice in an ideal world, but that is a flaw in your post. Ain't an ideal world. In fact, from my experience, it fuc*ed me whenever was able to.
If you believe this is complete and utter s**t, then sell, by all means. But what if you realize this is a setback. A moment which won't last forever and price bump is inevitable. Do you feel luck trying with another coin? Are you a gambler? Yes, you can do a research, but always can happen something unplanned. Most times it does actually. What then? You might earn some profit, but you might easily lose as much.