beautifully!
What's so beautiful? Price dropping? Think this way - it may work for you as a trader if you sell for more later however masternode owners and miners should be concerned.
Everyone keeps saying "they dump to cover cost of electricity" or "they dump to take masternode profits". Bullshit. If you dump of course you may buy cheap but what if the price does not recover later?
Masternode profits will be lower and lower especially painful if you set up a masternode at 50$ a coin. It will take forever to get the ROI at the current price. Miners should be fine as when the prices drop miners usually turn to other coins so difficulty and hashrate drop too. The problem is these days everyone dumped the coins so badly there are not so many coins you can move to...
An example - the price drops down to 0.0007 BTC. A masternode will cost me only 0.7 BTC then, a lot lower than 1.2 BTC two weeks ago. In the meantime so many people bought XLR for masternodes they are not 600 but 800 now (potentially in the near future). The price is really low now, masternode rewards a lot lower than when we had only 550 masternodes. What is your ROI then?
Those who dump the price for whatever reason make it worse every minute for everyone including themselves. TBH only traders who know what they do make profits as I did. I wasn't experienced enough to trade at previous dumps as I would have been rich now however my portfolio grew nearly 10x in the last weeks only, 80% of that thanks to Solaris only. The rest was differences in prices and nicehash mining of Mun, Tun, DSR, DIN, DNR, BWK, MAG and many more. Sometimes LTC and USDT trading but very little as not very profitable.
These recent XLR dumps created a huge potential for many but I'm afraid the lower the price is the more risk even to traders.