Topic: HBN Investment Journal - 2% returns every ten days - 90,000+ HBN Porfolio - page 15. (Read 69854 times)

Despite the pumps and dumps, I've never seen a coin with so many strong hands. Even such volatility doesn't seem to faze most HBN enthusiasts——more long-term steady confidence with this coin, which quickly settles the pumpers. This bodes well for the price long-term.

big pump n dump today. missed it totally tho (

Wow!    guess so !

Couldn't believe it, woke up and checked out HBN on Cryptsy which I do daily, and, wow, selling for .0005 !  Did not see that coming.

The whole 'hindsight is 20-20' thing kicked in a moment later when I wish I bought a whole bunch more in the low teens, after it dipped down from the low 20's for a while, but hey, when trading you can't beat yourself up much against shots not made or made.

Anyways, I'm in the same position as a lot of people here it seems -- such is the beauty and attraction of PoS coins -- do you you sell when it is so high, or do you want to hold on even tighter now that your interest generating coins are worth all that much more?

I think I'm going to just generate stake coins for 6 months (which was my plan when I bought them originally) and then I'm going to sell the generated coins after that time is up. But I think the future looks bright for Hobonickels just alone on the strength of their wallet, which looks and functions better than any PoS coin wallet I know of.  I would not be shocked if we go back down to the '20s anytimes soon but I really highly doubt that HBN will ever fall below the point I bought into it (mostly around .00017-20).

Thanks Tokyo for starting your journal. HBN was a diamond in the rough and you got the coin some well-deserved attention. You helped grow your own portfolio's value while helping others do the same thing, on the up-and-up, and that's a great move in my books.

We should see 100k in the next few days!

You need to look at your trading plan, it should hold the answer. For example, If my trade plan says that I must hold at least 10000 HBN as a core position and I only sell staked coins, then let it so. Sell some staked coins and enjoy the profits.

But if the trade plan says that you will only sell staked coins if the price of HBN is over "x", then follow the plan accordingly. You can also set different rules to guide you on when to sell. Some rules can be:

HBN price over "x"
Staked coins total amount above "x"
Staked coins value over "x" in BTC.

If you dont meet the criteria you have set for yourself, then continue to hold and compound until you do. In my case I have told myself that I will not sell any coins until my core position is over 100000 HBN. Its going to be a true test of my discipline if HBN continues higher in price and I continue to hold.

I hope this helps.

Let's demolish this 50k sell wall!  

I'm a little ticked off that you guys chose to pump this coin today but rather happy for the volatility. Let's see what happens.

Well the problem is that I want as much HBN as I can possibly get. Ha ha I don't know how selling stake fits in with that model, but I also want a healthy market.

I'd personally set a hard limit (like okay, I need to have at least 10k at ALL TIMES) and make stake. You can sell stake, but never sell the principle. Don't know if this helps, but yeah.

Tokyo what is your opinion on selling of stake during times like this when the price is rising quickly?  One side of me wants to add liquidity to the market because liquidity makes the market more healthy.  The other side of me wants to keep the coins to continue to stake them.

You are very welcome. I hope you stick around and join the Hobonickel community. Very fun and mature people working towards a common goal.

Excellent thread so much info!!! Thank you!!!

Proof of stake investment darkcoin? No, I meant just holding on for speculative investment, as it seems the technologies should see a rise in value in next weeks or so. It rose to a $1 today, so yeah.

I don't like Cinni because its distribution was short. All the attention was on Whitecoin and Asiacoin and the Cinni devs pretty much backdoored the release. No mention of the short PoW mining period on the main website or the OP in the [ANN] thread. So a newbie coming in would have no idea about the instamine this coin had, during the beginning of a holiday no less. The fact that it was added to mintpal so quick is shady aswell.

Self-moderated thread.
15 second blocks.
100 days max age.
3.5 % annually.
They are also releasing a hardfork. The new client was developed by rat4, who is the dev for Blackcoin. HUGE RED FLAG. What happens when rat4 decides to no longer help Cinnicoin. So you have a hyped up, backdoor released, instamined coin with a lead dev who can't code and has to depend on devs from other coins for help. Also hiding the short PoW mining period is a shady move.

there you go, reasons why you should AVOID Cinni. Lots of kool-aid drinking over in the Cinni thread so I would be careful.
 
As far as Darkcoin goes, it looks like the devs know their stuff. But as a PoS investment, I wouldn't consider it.

I have a hard time of seeing Cinni going very far with a 15 second block time. People complain about loading the HBN chain, think of a chain twice as big.

I'd extend this to what is the vibe on AC, WC, and FAC? Pretty much down 50%+ on these.

What you guys think of Cinni and Darkcoin as investments?

I'm kicking myself for not buying before the big push we had a month or two ago.

I was selling a few thousand @6000-9000. I then sold some off at 18k to pay my mining rigs electric bill.

There will be short term peaks and valley's but it seems like HBN will only go up.

Like Tokyo said,
It has a solid Dev that has actually fixed a lot of stuff. Probably one of the few with heartbleed update.

Then a really good point. Decent or honest Pools. I've been on too many shady or "low hash" pools that stole my mining power/earnings.

people thought BTC at $2 was high, then at $15, then $45, then $100...well you get the idea. The price is the price there really is no "too high" or "too low"...unless there is evidence otherwise. I knew Whitecoin was "too high" because of wafflepool having to dump 5 million coins...now look at Whitecoin price.

There is no evidence that says the price of HBN is too high, but when you compare it to other coins...its too low. buy!

I have an order in right now for 1,000 HBN @ .00031250 - is that price "high"?? I don't know maybe I guess. Would I rather have 1,000 HBN than 0.3125 BTC?? Absolutely.