LIVE
SardinellaBrasiliensis
@Square-Creator-32df50ecc4c4
Following
Followers
Liked
Shared
See original
I bought at 0.43, sold a little, bought more... My average price is at 0.57. Will it reach 2.5? That's the point where I'd like to sell half my position and hold the rest.
And now, what to do with USUAL?
I may be biased to say that I am riding a 22k USUAL position, but as I have already made clear here, all the metrics we use to price an asset in cryptocurrencies show that USUAL at 0.90 is extremely cheap. And that's without even taking into account what the protocol can deliver in the future.
If you have any questions about the metrics I used, ask me or see my other posts explaining the subject
I would be merely guessing here if I said that it will rise or fall at the launch. On one side, we have the selling force of the airdrop and the sardine crowd desperate to make a quick buck at the launch. On the other side, we have a launch on multiple platforms where several regions will have access, there will be no more purchase limit (whales can take large positions) plus the countless bots that are usually programmed to buy in the millisecond the asset is launched by the brokers.
What I can say is that I see no point in delivering this currency with such high potential at a low price. If there are large increases in value, with the asset reaching $2-5, it may make sense to sell. Otherwise, I think it is more interesting to hold on and trust in the intrinsic value of the protocol and its ability to deliver.
So, what do you think? Let's discuss it below.
I may be biased to say that I am riding a 22k USUAL position, but as I have already made clear here, all the metrics we use to price an asset in cryptocurrencies show that USUAL at 0.90 is extremely cheap. And that's without even taking into account what the protocol can deliver in the future.
If you have any questions about the metrics I used, ask me or see my other posts explaining the subject
I would be merely guessing here if I said that it will rise or fall at the launch. On one side, we have the selling force of the airdrop and the sardine crowd desperate to make a quick buck at the launch. On the other side, we have a launch on multiple platforms where several regions will have access, there will be no more purchase limit (whales can take large positions) plus the countless bots that are usually programmed to buy in the millisecond the asset is launched by the brokers.
What I can say is that I see no point in delivering this currency with such high potential at a low price. If there are large increases in value, with the asset reaching $2-5, it may make sense to sell. Otherwise, I think it is more interesting to hold on and trust in the intrinsic value of the protocol and its ability to deliver.
So, what do you think? Let's discuss it below.
See original
My story in this crypto world and some lessons I can already share...
I started saving money consistently for the first time in my life in April and May, after having already studied something and to continue learning in practice, I bought R$20 of $BTC and $SOL at Nubank. After learning a little about fees and the infinite number of currencies that exist, I soon discovered that I had to leave Nubank and through Primo Pobre's channel and more research, I saw that #Binance" was solid and had good rates.
At that time (May/24) the market was down, but I didn't read many people saying that clearly, but rather "it will go up" soon. It took months for it to CLEARLY go up and here is my first big lesson:
THERE IS NO ACCURATE PREDICTION ABOUT ANY CRYPTOCURRENCY OR TREND! (In the traditional stock market, there are company fundamentals and micro and macro economic issues that are a little more predictable, but even there, nothing is immutable... Cryptocurrencies are a much, much newer market and because of this and other factors that I learn every day, there is no way to predict things too far ahead, everything is a gamble!).
#DYOR What is said a lot here is nothing more and nothing less than "do your own research" AND IT IS FUNDAMENTAL because it is the only way for you to learn to make your purchases and sales consciously and always learning at every step!
#FOMO I don't know the exact translation, but it is something like making decisions to buy or sell on impulse.
The text is getting long, so I will try to make a didactic conclusion about what I said:
This is a business like any other, so you have to buy cheap and sell expensive... But the points "cheap" and "expensive" are very nebulous. Personal example: I bought fractions of $BTC at $57,000 and when it reached $53,000 I thought I had screwed myself and it was going to plummet... One day, with the #FOMO I sold almost everything, even though I read that it was time to buy more (today I understand, I have a personal reference and I gained patience to wait for a new bullish cycle, because in more famous and older cryptos this is more "likely" to happen).
I started saving money consistently for the first time in my life in April and May, after having already studied something and to continue learning in practice, I bought R$20 of $BTC and $SOL at Nubank. After learning a little about fees and the infinite number of currencies that exist, I soon discovered that I had to leave Nubank and through Primo Pobre's channel and more research, I saw that #Binance" was solid and had good rates.
At that time (May/24) the market was down, but I didn't read many people saying that clearly, but rather "it will go up" soon. It took months for it to CLEARLY go up and here is my first big lesson:
THERE IS NO ACCURATE PREDICTION ABOUT ANY CRYPTOCURRENCY OR TREND! (In the traditional stock market, there are company fundamentals and micro and macro economic issues that are a little more predictable, but even there, nothing is immutable... Cryptocurrencies are a much, much newer market and because of this and other factors that I learn every day, there is no way to predict things too far ahead, everything is a gamble!).
#DYOR What is said a lot here is nothing more and nothing less than "do your own research" AND IT IS FUNDAMENTAL because it is the only way for you to learn to make your purchases and sales consciously and always learning at every step!
#FOMO I don't know the exact translation, but it is something like making decisions to buy or sell on impulse.
The text is getting long, so I will try to make a didactic conclusion about what I said:
This is a business like any other, so you have to buy cheap and sell expensive... But the points "cheap" and "expensive" are very nebulous. Personal example: I bought fractions of $BTC at $57,000 and when it reached $53,000 I thought I had screwed myself and it was going to plummet... One day, with the #FOMO I sold almost everything, even though I read that it was time to buy more (today I understand, I have a personal reference and I gained patience to wait for a new bullish cycle, because in more famous and older cryptos this is more "likely" to happen).
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BinanceAlphaAlert
1.5M views
2,477 Posts
Binance Alpha Announces Third Batch of Projects: A Diverse Lineup Across Blockchain Ecosystems
Binance News
35 Likes
12.3k views
BTCNextMove
59,806 views
81 Posts
USUALBullRun
9,437 views
103 Posts
