To be honest, this FIL project is quite good in itself, the idea is clear, and the team is reliable. But why has it turned out like this now?
In the past, in those groups, people were selling FIL mining machines every day, the expensive ones for millions, and even the cheap ones cost seventy thousand. What happened? Most of them are stuck in losses. Can these people break even in the next bull market? It's tough! The manipulators won't care about your life or death.
The previous surge in FIL was purely due to everyone's high spirits; no one cared about the fundamentals. It was hyped up by scammers in the country, claiming that buying FIL mining machines would lead to financial freedom, and mining for a lifetime would make you rich. What happened in the end? Money spent, mining machines never seen, and only a few coins mined, all scammed!
If you really believe in FIL, then buy your own mining machine and mine it yourself, don’t rely on others. But personally, I think FIL is facing tough times this time. The number of people stuck in losses is one aspect, but more importantly, its reputation is ruined! Associating with multi-level marketing, it’s a wonder if its reputation can be good! Now institutions dare not buy, big players do not dare to touch it, and retail investors also lack the courage to enter; FIL seems to be finished.
Moreover, aside from mining and staking, what else is there for FIL? No scenarios, no value, the drop like this is not without reason. With such huge selling pressure every day, who is willing to take over? The liquidity is about to dry up; FIL only has selling, no buying—how can that be good?
I know some people still have fantasies about FIL, but the reality is harsh. This time, FIL is really struggling to turn around; everyone should be more clear-headed!
Are you stuck in losses? When will it be a good opportunity to buy the dip? Still the same saying, if you feel lost and helpless and don’t know what to do, tap on my avatar to follow me.