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RE: Through The Eyes Of An Investor...

in #steem5 years ago

@hitmeasap

i see you sometimes sell epic tokens to me and buy them again the same day. What are you doing with those tokens? Are they for gambling?

Like today for example you and kim0412 dumped the price to 0.00008 and now you and other people will start buying again probably. Makes no sense to me other than when you would need the coins for something.

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Hey @niel96,
I would prefer having that discussion elsewhere as this is non-related to the article itself. You can easily chat with me or anyone else related to epicdice in their discord channel.

I will obviously answer your question either way, and while I can't speak for kim0412 or any other users out there, I will speak for myself. It's basically just one huge "experiment" from my side. I have sold large portions of my tokens on multiple occasions to see what happens more or less. If, how and when I have impact on the market, and for how long that impact will last. I am not done on epicdice and like you said, I will buy more tokens again. However, I want to do my "tests and experiments" while both the distribution rate and burnt amount is still low, as I will have a much easier time to collect tokens again compared to if the distribution rate and/or burnt amount had been over 10% for instance.

And yes, the amount of Steem I've gotten from any of the sales I've made have been used for gambling. Also much in an "experiment" to try and test things out. All in all, it's basically just one large experiment from my side, to do a large "testrun", but I lack the necessary funds to do the entire testrun without selling tokens.

I have managed to do about 7 out of 10 different things I have planned so far, so I will probably buy and sell more tokens during the next two weeks or so. After that, I plan to hold the majority of the tokens I acquire, and I will start to power up my dividends.