You’re correct bro! To make it in the industry, one have to be taking profits at a point and re-enter his position at other point if not, you will be made the liquidity and the market will mess around with your emotions
Indeed bro. I just wish there could be a time we will get to see only upward movement of price without it coming down. Gosh! What am i even saying
Yes that was the hit of the lawsuit
Well, I grabbed some take profit.
But the pain was still there.
Sold… and the pump began.
But this could be difficult mostly.
But the power is to control emotions
And greed factor
Please just stop day dreaming .
Friendly reminder. EVEN STABLE COIN DO DEPEG
for downward movement I can promise
No, they won’t accept it but at that time TRX wasn’t fully diluted, and didn’t even have a blockchain.
The price action was merely driven by speculation and not actual worth just like with most crypto blockchain movements that happen today.
Long-term performance is going to trump short term pumps and a lot of the crypto that pumped last cycle will not be around. TRON has been through 2 cycles now, 1 devasting crypto winter and 1 bear.
So while yes, you could gain more from the volatility of a token that only has 50% of its supply available. You have to remember that VC’s love those for exit liquidity.
What happens is a coin launches, speculation happens. VC’s have already invested before-hand and then the price pumps on 10-20% circulating supply. The VCs then begin dumping their tokens taking profit while retail continues to hold on to the belief that it will bounce back.
The next stage is important… if a coin can survive at least 1 cycle through the bear then all the VCs are gone and price action can go up again with a fully circulated supply.
This is what we are seeing with TRX as the last winter was a low of $0.01 TRX and now this bear we bottomed at $0.05 TRX.
So when investing you just got to know at what stage a project is in and if it’s a good long-term hold or if it’s one that isn’t going to last a cycle.
It’s more complicated then just looking at ATHs.
It is like taking a section of the BTC chart before its massive pump to 60k. You can see it had an ATH, then pumped again but didn’t reach the ATH. However, its low was higher than the previous low.
Cycle lows are a better indicator of the value of a token as investors are buying at those prices, the higher the low compared to last low the better.
I just can’t imagine why BTC has the lowest rate compared to other view project
The market is playing hide and seek with you:joy:.
Thanks for sharing this with us. It will be of great help
A professional advice from a whale, thank you sir ,… anyway profit not taking is just an audio money
This is a natural disaster that affects almost everyone, but I think my own is worse ,… stupid altcoins that always want to my life before my time
heer what food did you eat today?
Lols.
Guess, I can estimate how
Expensive each of your bottle water are?
I see your doings.
This your wealth is revealing
I can imagine the pain bro but that’s crypto market for you and that is an undodgeable experience everyone must have, seeing pumps immediately after sell order The most important thing in crypto is to have an exit target. Once that is achieved, the experience will be wonderful
Hahahaha! Just have faith that someday all we gonna see is an upward trend, maybe few correction and then continued upward price movement
You dont believe in upward movement are you a FUDDER
Lols.
I now totally understand,
But have you ever experienced.
The day you start buy…
The more dip it gets
And you get worries
Aqua man water is life