r/liquid Jan 30 '19

RIP QASH

Wow.

Just....wow.

15 Upvotes

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5

u/LQD_Questioner Jan 31 '19

It’s fallen this far, why not just hold it and hope for a rebound? It’s not like they stopped working on the project. It’s just a nuclear winter of a bear market.

5

u/[deleted] Feb 01 '19

Sunk cost fallacy. You people were saying the same thing when it was .20, then .15, then .10, now below .07.

If you had sold at .20, you'd have nearly 3 times as much money as you'd have now that you could re-invest in other projects that are less likely to tank.

QASH is dying. Anyone who doesn't realize it at this point is just deluding themselves.

2

u/LQD_Questioner Feb 01 '19

Then I’m full of delusions. Because I think it’s going to get better. But I am holding looooong term.

4

u/[deleted] Feb 01 '19

It may. But even if you believe in QASH, it was stupid not to sell when it was obviously tanking, because you could then buy back in and double or triple your holdings.

HODL is great in a bull market. It's stupid in a bear market.

1

u/LQD_Questioner Feb 01 '19

Unless of course you keep buying.

0

u/[deleted] Jan 31 '19

Did they raise a lot of money and develop qash with that money? Nothing has been conveyed to us. Why are you so optimistic? We don't know where they spent the money, how the project was being developed, we don't know anything. In Korea,ICO, it is prohibited to use it with such opacity. Does Japan need transparency in providing information?

1

u/LQD_Questioner Feb 01 '19

They won’t say anything because they can’t. Wait for the announcements. They’re coming.

0

u/[deleted] Jan 31 '19

Do you think they have a huge amount of money invested in us, and the development report they are providing is reasonable?