Half the support was pulled and 900 BTC worth of Dash instantly dumped into the market. Shakeout or "0.02, see you next year"?
Looks like I should have sold when I initially thought. Dash could keep dropping and hen buy back in. Looks like a traders pump and dump. Missed the boat. It could drop back to 0.01
For me it's still not too late but it's a tough decision
It's a tough decision, and if you really believe in Dash, a scary one. Yes, we've seen this before, recently in early 2015 when we hit .0245. If you had sold everything then and bought back six months later at .0055, you'd have made a fortune.
For me, the risk is always "What if this is the real thing?" Sure could be just a pump...but one of these days, with the fundamental work we're doing on Dash (as Daniel mentioned), we're going to experience a revaluation rather than a pump. Maybe that's happening now, or maybe it happens in a year...but one of these days we're going to sail past $15 and just keep going.
I'd hate to be wrong about that one. Sell at $15 and rebuy at $8 and you like look a genius. Sell at $15 and FOMO back in at $40 (or worse, never buy back in, as you wait for a correction that never comes), and not so much...
https://docs.google.com/spreadsheets/d/1BmfW0YGYrnWxRDsW3W3SQy2xdIqi2sArjP1hkiiuUsI/edit?usp=sharingEach month we're gaining momentum, we started at about $13k/mo in October 2015 and currently next month we're going to have over $100k to spend. This is fantastic, it shows we can grow the ecosystem and as we do, we'll have more and more funding available for the next projects. The model is working, it's exciting. There's a definite relationship between making good investments for the network and the price appreciation, I believe they are causal.
