This coin was supposed to be stable as one of it's features. It has lost 200 positions in the last three weeks, that's stable bad. Time to sell.
This coin need all ecosystem to be implemented to gain it maximum potential.
I just wonder if it might have been better to wait until all ecosystem was implemented before making such a drastic change as dropping interest rates by 60%. I understand that having a monthly interest rate of 13+% was not sustainable, but they could have gradually reduced the interest rates over time instead of one big drop. I bet the price would have remained stable if they did that, but I guess we'll never know.
My point is only that according to the whitepaper as below:
"Low volatility of the coin (within a five-percent range) achieved autonomously with
traditional financial tools;
— Predictable and controllable annual growth of the coin’s price which correlates with
average annual price growth calculated for a portfolio of most popular altcoins (around
33.6 percent)." There is more, but this is the crux of it.
These are the features I bought the coin for, somewhere to park that was more stable. If the coin isn't doing what I bought it for then I need to move on. Eventually I am sure they will get it working the way it was intended. It isn't there yet, so better to use another avenue and come back when it is more mature and is functioning in the manner in which I expected it to. One thing you learn in the stock market it to let stocks go that are not doing what you want of them and do not ride them to long in the wrong direction. I am only down slightly at this time while the rest of my profile is doing well, so there are simply better ROI at this time.
