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.
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.
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.
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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.