/biz/ - Business & Finance

Wtf why did I sell for a dollar last week

>>27393302
get back in $1.35 already, I'm getting last summer vibes OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

broke out of triangle into .618 fib resistance.
lots of multichain development but just needs to get on a big cex for a real pump

fucking finally i love this shit, aped in 20% of my portfolio

>>27392819
Bought my first AMPL today
Only 550 though -.-
Was considering to sell my ZIL for more, but didn't. Oh well. If it does what I think then it will do a 20x anyway pretty soon

also price action now matches so closely to the last run up.
don't think it will hit the same scale of gains (x75, x100) without a large increase in users though.
during the last run from 5m to 500m, 10x the holders, from 2000 to 20000 resulted in a 100x move.
~25000 holders right now, i would only be comfy if it got to a million holders

>>27394494
What is your worst case and average case prediction based TA bro

>>27394494
>>27393665
I'm not sure how accurate technical analysis is for this coin, even if you're looking at marketcap.

BenchMARK is the buy for massive gains. But you will find out in a month or 3.

>>27394914
Asymmetric opportunity same as bitcoin, to 0 or hang about around here but the upside potential is too great.
this can 75x in a proper alt run; even with the 2018 breakdown alts ran into may. So 2-3 month window left. it depends on getting on a proper exchange like coinbase or binance.
right now no one can buy it; uniswap isn't normie friendly, no one uses ftx or kucoin, if there are no new users it can't grow.
>>27394952
it's the same psychology same patterns

>>27395647
yeah an erc-20 token that rebases to 1 2019 dollar is definitely going to be worth $30b and normies are coming

>>27395647
Fair enough I suppose, but if you're talking about psychology then you have to take the price into account as well. Normies think rebases are literally free money and throw themselves in around this price level.

>>27396280
it ran to top 28 on CMC even though nobody used it. no more than 20000 holders and it made it there. yea it was largely an illusion and dumped afterwards but it can do exactly the same thing - create an illusion of a 20B market cap and crash hard right after.
look at GME, no fundamentals, moons anyway.

>>27396280
>noooooo this doesn't make sense because I don't understand it
retard

>>27397066
>>27396280
but he's right let's break the fib resistance levels one (or three) at a time first before I get ahead of myself

>>27397066
>no no no don't say ampleforth is a scam, you just don't *really* understand it!

>>27397255

The problem with ampl is that there's no viable way of utilizing it as a collateral in defi. Loan it, and you'll lose rebases. Only would work after massive adoption (e.g. being a stablish coin). That's the major reason I've sold, bit by bit, like 90% of my stash. Sure it makes me mad that I just sold a major piece of it, the day before it finally started pumping now.

>>27397892
one of these days I'm gonna make a wrapper contract that wraps ampl and simply displays your fixed percentage of market cap that doesn't change throughout rebases. Then it will be undeniable that this token is a big pile of bullshit and hot air.
You think people would be willing to pay usage fees for such a contract? :^)

>>27398126
guess not huh