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RE: Research Firm says ICOs aren't selling their war-chests
My guess is they probably have some number that is their absolute must sell by, I don't think we are there yet. Though when we get there everyone will sell at once and it wont' be pretty.
They do tend to sell and buy all at once somehow...maybe it's just some tendency for semi-randomness to coalesce, or they check the markets and set according to where a mass of sells or buys are set, or they use some kind of bot.
I don't think we have to worry too much about them selling at this low though. They likely will sell at some peak in recovery. Well...some of them will sell a certain amount...and then some of them will buy in lower... That's part of why we have hills and such in prices. It's not just people taking profit, but certain people trying to get some capital, and some people trying to minimize loss, worried that it might go lower.
Many of them are likely trying to minimize costs right now, and perhaps some of them have actually increased their holdings, or will, with fiat that they liquidated at a higher price for operating expenses.
I can only dream of having a corporation's resources to buy and sell crypto. I imagine that in the future, rather than many companies avoiding crypto due to it's volatility, some might feel like they can't ignore it because of that same volatility. It's rather a big deal with you can get even 10% increase of profits, let alone something like 100%. The risk might eventually be worth the reward.
If prices keep sliding they may be forced to sell at a low price to preserve whatever capital they have left in order to launch their project.
I'm willing to hold on w/my cold storage wallets below 3k if the outlook is not cataclysmic. But as for trading, I'd freak if it's a steep price drop, which I bet it would be when it touches 3k.