Why would someone accumulate for months, and then sell off at the lowest possible price?
If the accumulated value is higher than number of coins multiplied by the price, then it's profitable, even if the price is low.
For short term holders quick profit is the main (and probably the only) factor.
No one is gonna invest the time to accumulate and then dump at a low state, especially now with so many good things on the horizon.
Quick profit peeps won't have enough to drop price because they haven't been accumulating.
So at this point, the majority of coins are held by long-term holders and believers of the project who went through the bear market and the dip.
You're likely to see us hold even if price starts to climb again!
So where is the "dump" gonna come from?
Logical assumptions my friend. But one can not be too sure in this market.
Always best to be prepared for the worst, that way one can only be pleasantly surprised
Only 2 more weeks left now, and then we will find out.
I’m HOLDING!!!
130k coins daily volume at this price.
Unless someone goes emo and bi-polar with a mid-life crisis, I don't anticipate big bags to be dumping. Which is what it would take to drive price lower than it has been...
Lol.
stranger things have happened.
And of course we have btc and the rest of the crypto market to factor in also.
But I wouldn't be selling at these prices anyway. No reason to.
Most of the rough patches seem behind us, and moon is the next stop.
I'd rather hold and take my chances on a proven coin, with a great track record and top notch dev team.
Especially as we go into phase 2 of the project. Where all the good stuff will happen.
Seems like a no brainer to me anyway.
This "sell now, buy back in cheaper" only works with chump change.
When the amounts are higher, so are the risks of ending up on the wrong side of the fence.
Yes! Thank you!
Sell now/buy back cheaper is a lot easier when dealing with low volume. Huge risk dropping a large stack with hope to buy back in lower, that is why I never did it.
For me to properly cash out my coins would take a bigger exchange anyway, which is what I'm hoping for down the road.
After watching the video I feel a lot more confident in the teams efforts, and I'm in the position I don't really "need" the money anyway.
It's a long term investment for me!
I may break off some here and there down the road to fund some small avenues, but I want to see how the ATM integration and real world use evolves.
Many don't see the value in phase 2, especially when mathematically put up against supply and demand.
If we were able to hit $40 during bull market last year with inflation coming through airdrops and no real implementation yet, then imagine what could happen this year with little to no inflation and a world 1st accomplishment.
This is a very exciting time and I hope to be one that survives the major jump that everyone dreams of
I don't worry too much about correlation between BTC and BTX as much after seeing how we were so resistant towards it, there is a good chance BTH will take on BTC anyway this year...but with that in mind, BTX is definitely a sleeping giant!
