going to be swings for sure, lot of folks have $1 million USD + in STRAT and can't sell that size without affecting market
the counterbalance is that anyone who wants a Breeze master node need 250k STRAT and that is a lot of cash
I just don't understand, with all the good news on the way, why suddenly they all wanna dump at once? If they want to take profit why not just leave on the sell walls? Why suddenly 10 btc dumps at a time like they are panicking? This is what I feel is totally irrational for such a high caliber token such as Stratis. I agree, take some profit, but when you see them dumping hardcore, it's silly in my opinion. I am just frustrated I don't have spare btc to pick up more on the dump..until a few days later.
Most people are completely clueless when it comes to investing...pulling money out at the time when the token is about to explode shows inexperience more than anything
A lot of people wrongly sell based on what they see in graphs - EMAs falling below SMA is normally a sign to sell, if you're basing your judgements purely on the graphs, and not on the tech fundamentals.
Real investing however relies on looking at tech fundamentals, sentiment, roadmaps, whitepapers, teams and lots of other things. And not just relying on the graph.
And yes, I made a lot of money in stratis (over $1mn to put it mildly), and that was by looking at the tech fundamentals, not by seeing what was pumping temporarily to make a quick buck.
Im expecting stratis to pick up again sharply very shortly.
When the idiots sell, you know its time to buy
Idiots selling is why people like me make a lot of money
I just hope I didn't get in too late to make a little as well long term. I bought on the high and a little this morning but will try and get more. I was hoping to have it as a long term hold for at least a year and try to trade up on the way but looks like I bought in at the wrong time lol.
Maybe a year from now it won't look so painful seeing the whales dump.