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"Still, all investors should probably sell their coins within the first six months, the study found." This is a baffling statement, mostly because if you sell
by tehabe 8y ago
"Still, all investors should probably sell their coins within the first six months, the study found."
This is a baffling statement, mostly because if you sell your "coins" to someone and they keep them too long, they will lose everything. Which could lead to liability questions.
I mean, you buy those coins and sell them as fast as you can, because you know that they won't be worth anything within in days or weeks, it could be argued that you committed security fraud. Well it could also argued that the ICO itself is already fraud, because of the huge risk involved.
- tim333 8y agoShares and similar tokens don't work like that on the secondary markets like stock and token exchanges. One person clicks sell and another buy and very seldom does anyone worry too much legally about the reason why, insider trading being the occasional exception. Issuing shares from scratch is different and there you can get done for fraud.