Who is selling at this price? Thank you.
But why?!
That time to stock up again… but with the history of the coin, it has ALWAYS recovered from this price point, it has ALWAYS given 100% better return than high street savings account.
Thanks very much… Just feels like I’m a child in a sweatshop unleashed.
If I was smart I would have sold at recent highs such as 0.47 and rebought… but I’m not, but $0.20-ish man… It’s like flipping property pre-creditcrunch
I’m surprised by this big drop, although I did buy over 100,000 MAID today. I’m confident the price will recover.
I think this dip will sort the men out from the boys
Capitulation has yet to happen.
I think we ll all be surprised how low it may go on this dip.
I feel Bitcoin could drop further, but maidsafecoin never had such a big upswing to fall back from. It seems like a bargain atm to me.
Still 58 in the rankings, even after the drop
How long do you think we will go down?
Freudian slip? (Sweat vs sweet) haha
Yeah, falling less than most others in top 100 over last 24h.
I only watch the MAID/BTC price and trend. Usd Maid price is still based way too much on the Btc Usd price.
If MAID/BTC is dropping it doesn’t make sense to buy Maid, even if its Usd price looks low. You’re better of buying Btc and converting later
Im going to use zoki’s slip from this day on.
That child would be so much happier.
Agreed. Selling maid now in the hope of buying back cheaper is super risky. The time to sell was when they were at nearly 6k a few days ago. However, you need a crystal ball for that sort of move!
If I had cash on an exchange, I’d be buying more maid right now. By the time fresh cash was in place, I suspect it will have bounced up hard again.
Maid doesn’t deserve to be tracking down with the rest of the post-moon crowd. It had modest growth during the boom and has sound foundations. People will remember that again soon after the current wave of panic selling has passed.
If something is dropping, there is a higher than usual probability it will drop even further.
When the price is near the all-time low, there’s a higher than usual probability that it will go even lower.
If you still hold something that is nearing its all-time low and is still falling that means you neglected basic risk management and the long-term prognosis of your trading career is worse than abysmal.
Couldn’t agree with you more. Investing is all about risk management and with 30+ years of investing experience I’ve seen some extremely strong, established companies drop to zero. While I’m fully invested in the maid concept, unfortunately the stats are stacked agains it for long term investment success.
Suggestion: Only invest what you can afford to lose!
Returns are not normally distributed. 6 sigma days couldn’t happen in recorded history, yet they are not unusual for stock returns. Don’t use the normal distribution.
Oh, dear. Just, don’t. There’s no such thing as a daily average return. You can calculate the mean of the returns of past days, but it’s not the daily average return, just a number with no predictive power whatsoever.
Watching Maid in USD prices is useless. 20 cents looks cheap and maybe it looks like a bottom on the chart, but when BTC drops to 5000 dollar, your 20 cents are gone. I wish it was not true, and Maid was more independant.
Bitcoin is the only significant way to get in to or get out of crypto. Until that changes, nothing will change.
If the Safe network is successful, it’ll be an incredible long term investment.
I can’t see the market cap of a successful Safe network being anything under a few hundred billion dollars, and possibly much more.
Obviously there are risks that mean this isn’t certain, but I can’t imagine any ‘stats’ could indicate MAID is a poor long term investment, assuming network success.
So what is your suggestion then? MAID is certainly not the best crypto to trade and while it of course might fail it has an equal chance in this landscape to be a massive winner for a longtime. Investing is about risk management if you want to just be comfortable. Massive gains come from value investing and having companies/projects deliver on there promises. At this stage it’s all speculation but if you’re looking at this from a risk assessment standpoint and not a multiple of a value, then any crypto is not the right choice. With all that being said if they deliver in the next 12-18 months, look out because this will be on a level all its own.
Said much more eloquently then what I just wrote haha. That was my point exactly. If it’s not a good long term play and it’s not great for trading why would you be in this at all? Well said sir.
