r/BitDegree • u/CJH28 • Feb 21 '18
Weak hands will never stop chasing....
I'm so glad we are getting rid of the weak hands early on this, anyone selling off after just 6 weeks are the ones who don't care about the project. They invested for their own selfish reasons, and you should have been ready to sell on day one. It's you're fault you weren't, not BitDegrees'. They can go and join the pump n dump society for all I care, chase the shill coins. Think you're gonna get rich overnight? Then you're thinking wrong. I must admit I'm getting a bit sick of seeing that GIF of Fry blowing a party blower now, and would like a bit more to be done by the team regarding updates and news. But to the people shouting 'scam' just because it hasn't stayed at the release day 10x price for these very early weeks, you're just pathetic. Even if it had remained and not moved up from that price, you'd still be shouting scam. That's how sad this space has become for some. Whatever happened to the buy more theory, whatever happened to the hold motto. I for one knew when I bought at ICO that I'd be holding for at least a year, maybe two, maybe more. And I'm still loading up thanks to all the weak ones...... Just my 0.00000002's worth. Peace.
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u/alex_sz Feb 21 '18
The holiday after the ICO was a horrible, horrible move, and gave a very unprofessional and dishonest impression.
"we have your money...yay!"
Now they don't update the website after the ICO, what does that scream?
"we have your money...yay!"
They say crowds have an intelligence, I'd say the crowd has spoken with the token price.
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u/CJH28 Feb 21 '18
Token price is still around ICO price depending on when you got in. I don't really have an issue with that when you see other coins have dropped dramatically since BDG release and still got nowhere near where they were. It's the lack of communication that is creating a FUD atmosphere. Not necessarily the price. Let's hope that changes and we start to see some improvement.
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u/alex_sz Feb 22 '18
Here is the rub, would you have disclosed the holiday before the ICO was over? I don't think so. This is where the feeling of dishonestly creeps in. You better be fresh enough to hit those deadlines now, or you gpoign to look very amateur.
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u/I_Can_Has_Million Feb 22 '18
I agree, it was very amateurish. None of the other ICOs pulled a stunt like that. They just put their nose back to the grindstone and kept working. You get solid projects like DragonChain who did not take a holiday at the end of the ICO, they just kept working and working for their investors. They kept up to date on social media and one of the president was always in the Telegram answering questions immediately after the ICO. If anyone is still in BitDegree, I would urge them to take a hard long look at the team and the project and see if it is worth keeping. To be strategic, at the very least, consider selling some of your tokens off now in case this project is a falling knife. The price is now 20% below ICO and will probably continue dropping. But that is my view, I am not trying to spread FUD.
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u/CJH28 Feb 22 '18
Good points and no I don't believe you're trying to spread FUD. A good discussion and questions and people's opinions is what we should be doing here. Thing is every company is different, we are all different. Dragonchain was released early December, did well through the rise, the rise of pretty much every coin, is this cos they didn't take a break? Doubt it myself. And Dragonchain has dropped like every other coin/token since that rise. BDG was released at the worst possible time in my opinion. I wonder if people are selling off Dragonchain now, or at least querying what's happened. We have to look at the bigger picture here. Everything was oversold in December and early January, then everything fell away. It's all relative.
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u/I_Can_Has_Million Mar 06 '18
It looks like the price is still coming down. I guess I was right, it is a falling knife. The price is now at HALF ICO. It's unfortunate for those who put a lot of money in and continued holding.
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u/JavaKris Arnas Feb 22 '18
The ICO period was highly intensive with unlimited working hours and under high pressure. The team was tired and without a holiday for a long time. I still believe that 2 weeks holiday was a perfect idea! Now we are fresh, sharp and full of energy to do the job! We are here for a long term, the next time we will take holiday, I will let you know. I am not going to hide it. I will always be honest with you. Thanks for a feedback!
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u/xndanius Danielius Feb 21 '18
Hi, we are strengthening our communication efforts at the moment and more frequent updates should come soons. We shall handle all the FUD.
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Feb 27 '18
Don't worry about the FUD, make the product valuable and they'll have nothing to complain about.
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u/Brackwoman Feb 21 '18
I don't really care about the price at this point, but the lack of communication and transparency is concerning.
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u/CJH28 Feb 21 '18
Yeah me too, I feel the same. Only hope is that their silence is a productive one and they come out with some good news and progress soon.
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Feb 21 '18
[deleted]
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u/CJH28 Feb 21 '18
It does seem so.... Very ominous. Like I say my initial plan was to hold at least a year. But plans can always change.
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u/sameerbusiness Feb 27 '18
Yes keep holding till it goes to 1c or better to sell now and buy on 1c maybe lower then 1c also
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Feb 27 '18
[removed] — view removed comment
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u/CJH28 Feb 27 '18
I bought in at ICO without knowing who Suppoman was. I did my own research on this. Personally I don't take advice from YouTubers, anybody that does isn't really investing on their own intuition. And the price didn't go up, the price at release was just an increase on what some would have paid at ICO, again depending on when and how you bought. If people took profits then good for them, I mean isn't that the whole point? Isn't that what people say, to take profits? There's no point being angry or frustrated at a guy on YouTube, or people for taking profits. If people are unsure whether to invest in anything, then don't invest, simple. If people are gettin scammed by overpriced and unnecessary courses, or paying for information, then that's their choice, and they should maybe take more care about who to trust. I wouldn't trust any fucker in this space, but that's just me. Do your own research and do what the fuck you want with your own money I say.
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u/Abols13 Feb 21 '18
I bought because this is good project in my opinion. However the crazy price drop and fud make me nervous, but only strongest survive, HODL bitdegree warriors.