tough to say. the company seems like it still has
Post# of 1584
thats not healthy. i think the following is happening:
1. many early investors bought millions at .0009 to .003 back in 2016
2. there are two types of investors in SFOR.
a) The experienced kind who wants to make money
b) the inexperienced kind who has no clue how to invest
3. the experienced investors are selling for profit. how do i know this? just look at the 4 hour candles. they open low, spike, turn red, close high.
4. the inexperienced investors are buying out of excitement which cause the price to go even higher. these people think the price is climbing because SFOR is growing as a company, but actually, its only climbing because investors are causing it to climb.
think about it.. if you spent $1000 two years ago, youd have 1 million shares. thats currently worth $24,300. i would be selling right now. i despise the saying, "Dont sell, its going to go higher." its the downfall of most investors.
inexperienced investors thrive off of the concept, "Im never selling, this can only go higher."
experienced investors know these games, and take advantage of the situation by selling for profits.
could SFOR keep climbing? sure, i hope it does. people should make money here. do i think it will keep climbing? right now, no. i also believe there are many people in the SFOR boards who are tired of holding their shares and want out. theyre probably pumping the price with all of their 'Pro-SFOR posts' in order to give the appearance that they believe the price is going to keep going, when actually, they could care less. they just want to make a decent profit.
this can be proven because last week i posted a pretty good post on the SFOR board and the Mods deleted it because it wasnt a fuzzy, feel good, the skys the limit post.
regardless of why its climbing, the important thing is to know when to sell. dont listen to the hype in these boards. most people have no clue what theyre doing and its the reason why 99% of people never make a profit in the OTC. they might make paper profits... but never realize them.
every day SFOR plots a new green candle, it makes it that much more difficult to sustain. SFOR requires red days if this is to remain stable. this is also a concept foriegn to more investors. you need to create a base if you want the price to remain high. you cant build a building on a stack of 100 bricks.
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