/biz/ - Business & Finance

i was a top 500 wallet holder and sold as soon as the enceladus news came out. made like 10x my initial, and the enceladus news saved me from being a 8x to a 10x (lol)

while i was holding it i had immense bagholding cope syndrome. i made memes and joined the discords hoping to find something to hold onto. ultimately the coin is a POS. the rebase is a gimmick. the only way it goes "up" is if there is a huge surge of buying pressure to send it over $1 and kickstart huge positive rebases. people will say "dur dur thats every asset, you need more people to have value," but not with AMPL. ask anyone worth more than $50k. they will tell you "AMPL is worth suffering the negative rebases because a few days of +15% positive rebases will offset them. uhh... you need hundreds of millions of dollars coming in to create a surge of enough momentum to create conditions for those rebases.

imagine for a moment you are 100k invested at $.50. slowly over time there is buying pressure and the price slowly starts to hit above $1. you will ultimately be up very little because of all the negatives you suffered. the only way you get compensated for negative rebases if there's a surge of buying pressure, which we will likely never see again (because everyone and their mother knows about AMPL and to stay away from it unless everyone else is already buying in).

its the definition of a ponzi. thank god i made money and had a gracious opportunity to get the fuck out during the enceladus release pump

meantime i will post some of the absolute dogshit memes i made in desperation while holding this

Every time AMPL pumps 10 cents, an AMPL clone is born

>>21637855
holy shit we actually got some ampl memes coming in

Don’t miss out faggots.
$AMPL

https://slink.finance/

Taking requests for memes during this pump. Here for a while. Not the best but I can do better than what we currently got. Starting with my OC.