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Yardo77
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What 50x Looks Like on a Favorite Altcoin
On the chart:
Polygon MATIC from January to March 2021 during the peak of the altcoin cycle, daily timeframe
In 4 months of upward movement: there were ten corrections of -30%, -40%, and -50%
Out of 120 days: for most of the time (about 100 days) the asset was in decline and sideways ranges
And only ~15-20 days during this period - actual growth with the breakthrough to new levels, which ultimately brought 50x
A bit different from the fantasies of those wishing to get rich overnight.
On the chart:
Polygon MATIC from January to March 2021 during the peak of the altcoin cycle, daily timeframe
In 4 months of upward movement: there were ten corrections of -30%, -40%, and -50%
Out of 120 days: for most of the time (about 100 days) the asset was in decline and sideways ranges
And only ~15-20 days during this period - actual growth with the breakthrough to new levels, which ultimately brought 50x
A bit different from the fantasies of those wishing to get rich overnight.
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