Why a coin goes fast up at launch then dips so fast the next day?!
With the launch of $VANA I saw how I made some profit just to re-enter later at a still higher price while the market is diping and end up with 10% from my initial investment. At the same time many dummies out there screaming "I lost my money" "This coin is garbage "... Well unless you sell in minus you never lose money. Just hold until the market grows again...
We can compare a new coin to the opening of a new shop. The 1st day that the shop opens there is always gonna be full of people, preferably the whole damn city in the shop because they give a little thing gratis or discounted. But already the 2nd day most of the people forgot about the new shop, they been there just for the hype. And now from 2nd day starts the real future of this shop, if it offers necessary products at a good price then people will buy, if it offers specialised products people will buy, but it will sell on demand, if it sells a niche of a product or a new product people will buy if they get to know about it. As the days goes on more people use the shop the more the profits of the shop. The best is when the shop is a supermarket, it has everything for everyone, people just use it and there is no need to talk about it.
Comparing this to our coin $VANA this coin offers necessary, specialised and a niche product at the same time. The project is about to monetize and tokenise our data. They are already making money on using our data to send us all those ads and they use cookies without paying a cent for it and with VANA this will stop because who doesn't want to be paid for his own data?
But for this to become reality it means that VANA is your new supermarket the more everyone use it the more it's value increases. Because for now is true that we are moving fast forward towards web3, but as long as they don't pay the cookies and our data, but still they make profits on views and data collection and data sharing there is always gonna be the end loser with the phone that watch the ad and gets nothing from the data cake. Well from now on this has the possibility to end if people give trust to a project like this by holding onto their shares and not selling in panic because the 2nd day nobody came through the door in the shop...
When you invest into a coin try to support also the coin itself don't just want to squeeze profit from it specially after the 1st day of launching it! Help the development of the project by being active on the project itself. Share the project with others and encourage them to use it more often. As investor I put my money on a business because I want to see it successful and if I can help just with investing money that's a win-win situation. But often it requires to invest also time and energy to make that business successful.
So don't give up! If you are sitting on some coins that are in minus specially after the launching day just hold! And instead from day 2 start promoting even better that coin and specially start using it. If for example you invest in a game coin, so start using also the said game that the coin represents. Promote the coin, by promoting the product of the coin!
