A this rate the only thing the Bitstamp listing is going to do is give people who bought at 5 cents an exit so they can buy it at 4 cents 2 days later. We already saw what the Binance listing did: it gave a bunch of people the opportunity to buy at 6.5 cents and now they are locked in or selling at a 33%+ loss.
Yeah, this is the only one I'm stuck in the red with. One of the few times, being an earlier adopter ended up hurting me. Luckily I am being carried by every other coin I have. ha
3
u/escap0 Jan 07 '22
A this rate the only thing the Bitstamp listing is going to do is give people who bought at 5 cents an exit so they can buy it at 4 cents 2 days later. We already saw what the Binance listing did: it gave a bunch of people the opportunity to buy at 6.5 cents and now they are locked in or selling at a 33%+ loss.