People are cautious of SpainCoin. Yesterday was quite a severe spike and crash and burned many. So a lot of people still have words like 'pump' and 'scam' ringing in their ears...
Give people time. The coin has potential to do something amazing. In time, this message will spread and fix the reputation it currently has.
We really don't want another quick rise - it won't help. We want people spreading the word about the long term benefits, not pushing it as another day-trade.
And hey, I'm all for riding the day trade coins... I've made most of my BTC that way. I'm, just saying that merely being a day trade coin, is a waste for THIS coin.
Give people time. The coin has potential to do something amazing. In time, this message will spread and fix the reputation it currently has.
We really don't want another quick rise - it won't help. We want people spreading the word about the long term benefits, not pushing it as another day-trade.
And hey, I'm all for riding the day trade coins... I've made most of my BTC that way. I'm, just saying that merely being a day trade coin, is a waste for THIS coin.
I am one of those, who burned almost. I bought some for .0048 a bit less at .0071. This morning I sold all of them at .00113 and was very upset, very. Ok, not talking about those small pumpdumps today, but at all- I lost quite much sadly. Then I realised, that if it's gone that deep, I need back those coins for holding, maybe there will be better times, maybe- much better times. If not RIP my Spaincoins. So now I am in again with my humble number of coins waiting for, who know, 0.01BTC price. Then many will be in huge profit, I'll get back my investment with some bonus.
Sorry to hear that. I've made plenty of losses on things also, and I know that sick-to-the-stomach feeling very well.
But, if it's any consolation, I actually believe SpainCoin can be an alt-coin of value. And I haven't said that about an altcoin in ages... The WorldCoin crash made me pretty cynical, and ever since then I've just viewed all alts as nonsense shitcoins that are only good for day trading when they're hot.
So as a person who initially got into SpainCoin not knowing about the developer intent and not caring if it's a 'scam' or not - who just wanted to make money from it on the day trade - I'm now actually converted. And if the coin can actually give a cold cynic like me the impression it has potential to do something awesome and meaningful, then it just might I reckon.
Good luck to you, and to anyone who's still holding this after a tough day yesterday.
"Better three hours too soon than a minute too late"
Entry point doesn't matter much if coin has a future. Does it matter that much some bought say Litecoin at 0.6 and others at 0.1? I bet both are equally happy now.
You can't time the market. You often hear Jim Rogers and Buffett complaining about their shit timing when buying something.
one of buffets tactics was just to buy when prices were cheap, as in severe recessions and the like. its alot easier to ride out the waves of the market when your cost base is low. think of the difference in the anxiety levels faced by two people: one who bought SPA at 0.0012 or below vs one who bought at 0.004?? the second guy is freaking out, the first is chilling.
hopefully this can be a buffet moment for all of us who have bought in at these levels :-)
Waiting for a moment to go with big players
