Exactly, we just don't know what the floor is right now. I personally thought I knew where it was, but it was completely artificial. In the next weeks could be way lower than 50, and 50 is already a tragedy.
Yep it’s a tough call. If you need the money you have invested anytime soon then the sensible thing to do would be sell because nobody knows when or if we are going to climb again in the near future. If you do this you could be playing into possible manipulators hands but it’s the only thing you can do to halt what is happening to your stash, that or you are gambling.
Now I do this all the time, I buy when the market is dropping and it’s not the best thing to do from an investment point of view but I do it because I genuinely believe DGB isn’t anywhere near it’s real value and basically if I have spent money on crypto in what is still the pioneering phase, I’ve kind of written off the investment already. This is a very risky way to behave and even I have limits for it.
I know it will pay off if enough community members think like me and care about DigiByte but I can’t make other people do anything and as so many people into crypto are traders the odds are not really in my favour!
What is in my favour though, is I have as long as it takes and there will be a point in the future that I can get out for more than it cost me to get in, perhaps a lot more but I agree it’s not likely to be in the next few weeks.
I don't think you are being pessimistic, I think you are calling it how you see it.