@pabloangello that is very true! It is also why we see why many people do not hold their coins long term. They fear that their profits will diminish. For them their paper profits are already real money which is not. They only think it is.
Yes. Holding long term is very very hard. Imagine you bought NEM at 30satoshi, it rises to 300satoshi, then try not to sell (You dont know then that it will rise to 2000sat in couple months). To do that you need to be experienced investor or complete beginner bag holder.
Hahaha. So you mean to say you have to be completely very skilled or very stupid to be a big winner in trading. That is two extremes at each end of the spectrum.
In second case (you called it "stupid") you are just lucky, sometimes.
and this:
@pabloangello that is very true! It is also why we see why many people do not hold their coins long term. They fear that their profits will diminish. For them their paper profits are already real money which is not. They only think it is.
Yes. Holding long term is very very hard. Imagine you bought NEM at 30satoshi, it rises to 300satoshi, then try not to sell (You dont know then that it will rise to 2000sat in couple months). To do that you need to be experienced investor or complete beginner bag holder.
Hahaha. So you mean to say you have to be completely very skilled or very stupid to be a big winner in trading. That is two extremes at each end of the spectrum.
There's also the absentee holder. Bitcoin had a lot of them, people who acquired coins for fun in 2009/2010 and left them on old drives. The absentee Bitcoin holders were only reminded about their jackpot when Bitcoin was making headlines everywhere in 2013. . . some interesting stories about them if you set your google search filter to only 2013.
http://blockexplore.in/static/data/stalelist.html
There's 168 addresses on the stale list. I could definitely see something like 50-100 of those addresses making it to $1. A lot of them are people who got their NEM in 2015, lost interest for various reasons (most probably boredom), and will only recall owning XEM if it makes international headlines some day. There'll be a bunch of rags-to-riches headlines, just like Bitcoin had in 2013, and this will probably be some good marketing.
