This will be the last time i invest in cryptos, even if i would end up making a profit. I am not suitable to trade, i will not buy over 0.01 from now.
Why? Just sell now everything and buy back at 0.0075 or so. Than you have more coins which you can sell in one year when the coin
maybe recovers. But dont make your loss bigger.
You should be ashamed for scamming newbies as you are doing. You know full well that it will never drop that low. Propagandising it to newbies with the invitation to trade accordingly is seriously cuntish.
Always protect the noob no matter what the circumstances.
Why would you say it will never drop that low? We've gone from 0.0265 to 0.0115 a drop of 0.015 in essentially slightly less than a month, traditionally XMR bear markets have lasted quite long between these quick rises. From 0.0115 to 0.0075 is only 0.004, only around a quarter of last months drop since the ATH.
It looks to me like you might be trying to influence noobs to protect your bags which are getting increasingly heavier on a daily basis. Instead of trying to fleece people of their money try learning how to use the stop-loss features of the exchange.
I'm not doing that in the slightest. I'm not even declaring a position, other than that it is clearly irresponsible to be motioning to those who have declared a hapzard trading history to suddenly "sell now and buy at 0.0075." That's patently not good advice.
Sure, you could conjure-up theoretical scenarios based upon XMR declining further, at which point you could phrase it in terms of probability and altering your portfolio in a way that would be beneficial in case of multiple outcomes.
That's not what he said though. He is instead exclaiming a unilateral unwavering protestation, that is frankly opportunistic at best, just fucking crazy at worst. Do I sound equally as unobjective and irrational?
The recent September rises were the ultimate conclusion to a prolonged period whereby the price was considered to be grossly undervalued. Everything that has happened, happened as an upward correction that only required the DNM market adoption as its point of ignition; the straw that broke the camel's back.
People are looking for a correction, that's true. But, the personality of the market has now changed considerably, and will never return to the "traditional space" that you are looking for.
BTC is on the rise, and contrary to causing an XMR decline, the absence of a healthy direct XMR/USD market will mean that XMR will rise in tandem, but with greater orders of magnitude than BTC's own ascent against USD. Exactly, what happened with Litecoin following the 2013 ascent, albeit this time with even less latency.
Once you throw in XMR fundamentals such as RingCT, the GUI, and increased conversations about anonymity following ZCash's release, it kinda becomes
obvious that everyone is trying to get back in at some point.
Any labor involved in advocating selling and buying lower is therefore not good advice, but is in contrast an irresponsible and opportunistic attempt at market manipulation, at the expense of someone who is a self-declared terrible trader.
You can try to defend that wpalczynski, but it does nothing to endear you or your credibility.
(except the ones who are watching and didnt place an order, but why should they join a sinking ship)
