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RE: Gridcoin trading strategies

in #gridcoin6 years ago

yeah, I agree with you that Gridcoin is currently undervalued. On the other hand, that fact doesn't matter for the kind of trading I'm doing, i.e. trading with a fixed quantity of GRC. Because the quantity is fixed, my trades don't move the price up or down on average. So when I sell below 200 satoshi, that doesn't mean I personally value GRC below 200, just that I'm riding along with the rest of the market to work the spread.

And yeah, I think actionable ideas for increasing Gridcoin's real-life value are important to be working on right now. I like your ideas and have heard similar thoughts from others as well.