I've been meaning to get a post about Waves the minute this sell down happened because it hit my stoploss at .00045, .00046 and .00047 BTC, but Cryptrader was down and the moment it went up a day later, I got lazy.
Anyway, yeah, I'm out of Waves but there's one thing that perplexes me. Where is the volume spike? It would tend to make me think that the whales that got this pumping in the first place are still holding. But that's a big maybe. Let's see what developments come up in the coming weeks.
Interesting. From what I can tell is around 120-150 BTC just exited in one big swoosh. Might have been just one guy.
Since BTC price changed so much over the past months I'm talking cents here. Around 80% of all my Waves I bought in August-September for an average of 19$ cents each, so those I'm still holding.
The ones I bought in October I sold when the drop happened at a tiny win.
The bottom seems to be 25 cents right now. If it drops below that I'm very open to buy in big.
I think you bought your waves with bitcoins, thus if you are trying to rationalize your loss talking in cents, welcome to the bag holder club.
Not at all actually.
I convert crypto to fiat every 2-4 months on average. All I care about is: I go in with 10k$, I come out with say 12k$. For those 2k$ extra I buy real things. Like say a holiday, clothes or other expenses. I don't understand what sounds so irrational about it and what an outdateed Satoshi price has to do with it.
Sure if it matters to you that much I bought in between 27-34K Satoshi months ago, back then BTC was 610$, now it's 730$.
If I would sell all my Waves for fiat right now I'm at big +.
"not all actually" i've seen better lies, where did you buy waves with $??
Moreover, now that it's clear that you invested in btc, you have to compare return vs btc, what if I tell you that it could have been much better to keep your money in btc and not waves depending on when you invested? that falacy...