$FTT $BTC $ETH
Reposted, not my opinion. I'll explain it in advance, I think it's very pertinent. To summarize
I've only been in contact with this coin for about a week. I saw that this coin soared by more than 70% on the increase list, and then I came in with the mentality of eating short-term profits. In the next few days, I slowly understood the ins and outs of this coin. Last year, it was also a trend, and many people were trapped. But this time is different. The news of the reorganization has been confirmed. If it is not passed this time, the current price of this coin will be buried directly.
I have read a lot of comments about ftt in the square. I have read it almost every day, and there are also comments. I have a full position, about 10,000 U. I don't have much funds.
Now the price of this coin is neither up nor down. Many people think it is accumulation, and many people think it is shipment. My personal opinion is that it is neither accumulation nor shipment. It is just a simple price control
Why do we need to control the price? Because it involves compensation. Before compensation, the price is too high, which is not good for the entire reorganization.
When will the dealer pull the price? It is probably after the amount of compensation is confirmed. The dealer has no shortage of FTT, nor the funds to pull the price. The above are some personal thoughts, not investment advice. I hope my judgment is correct and I can have a spring. I am so brave that I will die.
So why control the price? For example, if the user has FTT, the current price compensation is equivalent to FTX buying back the FTT in the user's hands at a low price. According to the court, it is based on the price on November 11, 2022, which is about 3 yuan. If the price is too high, some users will sue.