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RE: Let's Talk SPS: Why is SPS at it's current value?

in #splintertalk3 years ago

I think it's possible. Just going to be a while. That's where your factors come in. Once the distribution is completed, then they can get down to the real work of making the token useful. Unfortunately, until that happens, I don't see the token price improving a whole lot. There will be spikes and dips but I have a feeling we're pretty much range-bound in between 10 cents (hopefully) and 15.

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Makes me feel kind of silly to have added SPS when it was doing around 20 cents thinking this was a really good deal. HAHA oh well, hindsight 20/20

Nah, it's crypto, anything can happen. Usually the best time to buy is when everyone else is selling. It's hard to get yourself to do it but that's why it works. Plus, you obviously are getting more for staking it and more vouchers as well so it's not like it was wasted. No one ever picks the bottom. You just have to decide whether you like the price and make your decision. I bought a bunch of CUB around 40 cents a couple weeks ago only to watch it drop to 22 cents a day later. Could have spent half as much (or got almost double the amount). It is what it is. I'm not buying it to trade. I'm buying it to hold so how much I have is more important to me than price. I just buy when I have the funds available.

Yeah I remember you told me to buy CUB before to prepare for poly. It was around 20+ cents then xD I bought some and then sold some when the fomo for poly was high! haha