This has been the rule, not the exception, for a majority of AMP's recent lifespan (as is the case with many tokens in the market). And while this trend may incorporate some hills and valleys, the nature of this trend is a rinse and repeat. Once this buying rush peaks the value through the desired profit threshold, the big buyers sell large portions of their portfolio.and once the cycle returns to that pre-spike stretch, they prepare to do it again.Īfter this first initial pump and dump spike, this trend continues by much tighter margins.
Those who wait out the final stretch of stagnation (who have accumulated very large sums of the token) bank on smaller investors swooping in on (what is perceived to be) an undervalued asset. You want the price to go up so that you can eventually sell for a profit, right? Well, what if I told you that there are people who are turning a profit with AMP valued in the $0.06 range? Take a look at the daily and weekly charts - during a sideways trading period, you'll notice that after a period of consistent stagnation there will come a sharp spike in price.and then as quickly as it rose, so too it falls. I have to assume, however, that my words are falling on deaf ears.so let's just get into the nitty gritty. And it's critical that you realize this value is often defined by a fluxuating balance of esoteric and arbitrary influences. While it's true that Lambos can Wen shortly after a blast off, monthly installments do get paid when working in the shuttle bays.Īs someone who has found their calling in the world of blockchain, let me make it very clear that fortune favors the shrewd.having faith in crypto requires skepticism of its value. Whether you arrived at $0.02 and got drunk on the Bear's blood, or the Bull's rallying cry lured you in at $0.10, do yourself a favor and snap out of your delusions of grandeur immediately. That said, all of these "tell me I'm future rich" posts are a complete waste of your time, and do nothing but bury legitimate subreddit discussions into undeserved oblivion. I will, however, call you out on your woe-is-me naivete and insipid tantrum-posts veiled in false enthusiasm.Īnyone who tells you that they can predict the direction of the market (or even that of specific coins) is either a fool or a liar - Satoshi Nakamoto him/herself could not tell you where the price of BTC will be even an hour from now, so seeking reassurance from u/AMPcirclejerk about AMP's moonshot date is absurd. If the Pump-n-Dump is your style, I won't even consider trying to gatekeep you out of that hustle. If that is your MO, then by all means do your thing - as with anything in life, crypto means different things to different people.
The Flexa project is simply a gold rush in your eyes, and its prospective value is measured by how FAST it can provide wealth.not WHY it can provide wealth. If you are one of the Johnny Come Latelys bent out of shape because your investment in AMP didn't make you a millionaire after holding for two months, you would do well to pull out now or listen to what I have to say.įirst off, be honest - you couldn't give less of a damn about the project behind AMP, could you? If the price shot up to $10 today, you'd run to cash out so fast you wouldn't have time to look back at FlexNet even if you wanted to. What I've got to say is almost certainly not what you want to hear, but it's the cold hard truth. The posts on this subreddit crying and moaning about the price of AMP moving sideways is truly pathetic.
0 kommentar(er)
