/biz/ - Business & Finance

>>28733590
Pretty much always a possibility nowadays, but it's such a small part of my portfolio that it wouldn't be a big deal to me if it were to drop to $0 tomorrow. On the other hand, I think it has potential to go up a lot, so I think it's worth the risk.

>>28734493
No, the IDO had a ridiculously low max cap. I think people were only able to buy like $400 worth of it. This means that unless someone managed to game the system and use bots and whatnot to get a lot of whitelist entries, the distribution was fair I'm not worried about huge dumps from whales. Because of that, I didn't really mind paying 10x what they paid and ended up buying over 1% of the circulating supply.

>>28734997
Pic related. It's been a big red day for me and I'm kicking myself over the fact that I had a hunch it would drop and was on the verge of selling a lot of my alts to BTC, but decided to wait a little bit more only to wake up to this.