$Coinbase (COIN.US)$ Still not changing your faith? The uppe...
$Coinbase (COIN.US)$ Still not changing your faith? The upper management here sells every day.
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✨洋洋 : Patience. It's about to end.
ezohtiek : actually they're selling and buying at the same time if I don't read the announcement wrongly. Some of them bought during the real low period (e.g., $70+), and sold partial of their shares, and some acquired more shares recently but also sold some parts of it. I think active trading is good, especially fresh money coming in at a higher price, so that overall avg cost is higher and ppl don't anyhow sell from that point onwards? I'm no expert, just what I am trying to understand. Happy to learn. ;)
✨洋洋 ezohtiek :
Silverbat : They are afraid of BTC falling!
✨洋洋 Silverbat : It's normal for BTC to go down. As long as it's a healthy pullback, we can still maintain some expectations. They will buy in again. Don't worry.