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1/ I know many of you, like me, are invested into @Unfederalreser1 or $eRSDL. Yesterday the token hit an all time high (ATH) of $1.71 and since launching of the platform has retreated to under $1.00. If this is the first you are experiencing this level of movement with your
2/ investment, let me say...WELCOME TO CRYPTO!
On a serious note, this has happened for, what I believe, are a number of reasons. Many new projects go through cycles and phases, especially with investors. Basically there are 3 different categories that I would put crypto
On a serious note, this has happened for, what I believe, are a number of reasons. Many new projects go through cycles and phases, especially with investors. Basically there are 3 different categories that I would put crypto
3/ investors into. Some may straddle and cover a couple of buckets, but categorically, these are the 3 types.
1) Get rich quick investor - This is the person that believes crypto can make them rich very fast and seek to find the projects with the most hype, most green candle
1) Get rich quick investor - This is the person that believes crypto can make them rich very fast and seek to find the projects with the most hype, most green candle
4/ movement, and most potential upside in the short run. These guys do ZERO market research on projects, could care less whether they succeed or fail so long as they make their buck before any loss occurs. These folks will ride a coin& #39;s wave till they see it leveling out, then
5/ cash out immediately. Super happy with their short term gains, but ultimately long term will buy at the top into a project with no fundamentals and lose big!
2) Serious, yet timid investor - This is the person that is new to investing in general, or just in crypto.
2) Serious, yet timid investor - This is the person that is new to investing in general, or just in crypto.
6/ They typically are super cautious and fearful of any major swings. They usually gradually get into a position as they learn a little about the project. They are potential long term strong holds, but they seem to be fearful of loss and are somewhat risk adverse. These folks
7/ will remain during small retreats, praise the climbs, but will freak out and bail if there is downward movement of any significant level, or if they find a negative thread of FUD (Fear, Uncertainty & Doubt) that causes them to doubt the project and their confidence in the
8/ project. These folks will accumulate money over time, although slower, but hopefully gain more comfort & experience that leads them to mature into the Long Term Investor. If not, their fear will lead them to unintentionally behave like a Get Rich Quick Investor..
9/ Long Term Investors - These are the folks that have a strong belief in where crypto as a whole is going and get laser focused on specific projects that they feel are real market makers. These folks invest early, and big, and understand that early stages of any project are
10/ very volatile, but that volatility equates to more buying opportunities as investors 1 & 2 are shaken out of the market. These investors know that early projects will take 3-4 years to full mature and that generational wealth will be made if they are in the right project and
11/ simply continue to accumulate. They welcome dips as they are buying opportunities and don& #39;t look at dips as losses, because they aren& #39;t...unless you sell!
Yesterday, I believe you saw the result of investor types 1 cashing out when they saw a high. That triggered a decline
Yesterday, I believe you saw the result of investor types 1 cashing out when they saw a high. That triggered a decline
12/ in which spooked investor type 2. You then saw investor type 3 jump in and begin buying the dip immediately, which resulted into a recover from a drop to $.75 back to to $1.20. Today what you are continuing to see is a shakeout of more level 2 investors. This will continue
13/ for a day or so, but then you should see more rise or sideway consolidation as the project moves to it& #39;s next phase.
I didn& #39;t sell a single share and only expect to buy more as resources allow me to do so. This project is a winner and yesterday was a major milestone for
I didn& #39;t sell a single share and only expect to buy more as resources allow me to do so. This project is a winner and yesterday was a major milestone for
14/ the project in going live, gaining more liquidity through token holders staking, and beginning the march to lenders coming on board and first tier 1 listing. I couldn& #39;t be more excited about the project and DCA (Dollar Cost Averaging) will ensure my average token price is
