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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Crypt0Gore on December 02, 2022, 05:59:24 PM



Title: Anyone buying Aptos already?
Post by: Crypt0Gore on December 02, 2022, 05:59:24 PM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?


Title: Re: Anyone buying Aptos already?
Post by: evichi on December 02, 2022, 11:52:21 PM
As at 10th October, 2022, Aptos price was around $10 so the price is not actually high now compared to the time of launch. As at today, 02/12/2022, the price is $4.95 - as at the time of making this comment. So the price is rather low now. However, as a new project, it is IMO, difficult to predict the success of the project. Some of the technology employed in Aptos are that of Diem project which was discontinued in January 2022. While the fund raised to support the project is big (https://coinmarketcap.com/currencies/aptos/), it is very crucial to conduct an in-depth research before investing. It is difficult to predict if the price will eventually be lower than what it is now.


Title: Re: Anyone buying Aptos already?
Post by: MAAManda on December 03, 2022, 12:45:00 AM
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I can't say that at $4 it was a stupid buy for $APT, but I also can't say buying $APT at $4 was a wise decision. That's because the current condition of the crypto market isn't consistent (IMO). Since Aptos is a new L1 project currently in development, there's still a lot of things that could happen in their ecosystem. It is not unlikely that we will see a 10x increase in the $APT price next year.

https://i.imgur.com/S9pP3j2.png
Source: Marketcapof (https://www.marketcapof.com/aptos/solana)

Many people believe that the Aptos project is the Solana killer project, if we compare the MC of these two projects, we will see the results in the picture above, the price of Aptos will increase by more than x7.


Title: Re: Anyone buying Aptos already?
Post by: sunsilk on December 03, 2022, 09:59:33 PM
That's subjective to what you think about yourself and the project. There's always this questions that's being asked everywhere if they're good to buy this and whatever they suggest.

It was just launched a few months ago and it's still early to say if this has been bottomed already.

But that's really on you, on your analysis and your take on it. If you see it as an opportunity to buy then go and accumulate it.


Title: Re: Anyone buying Aptos already?
Post by: Jackl87 on December 03, 2022, 10:02:49 PM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I agree with you that the current price of Aptos is not really tempting to invest. I mean you always have to keep in mind, that the team behind Aptos received around 400 Million $ of funding from big VC's. Of course, one of those companies was FTX, but they also got money from Binance and many others. This means hat those big companies are owning a very big amount of the total supply and i think once we have reached a certain price level those bic companies will start to sell of their tokens and they have so much of them that they can really control the price of the whole project for at least a  few years from now in my opinion.


Title: Re: Anyone buying Aptos already?
Post by: TastyChillySauce00 on December 03, 2022, 11:13:54 PM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.
IMO the downside for aptos due to the FTX already reached the bottom price. It will be going down even further if bitcoin will be dumped again like when it was dumped from 20k to the 16k in a short time. That will give a massive sell to aptos along with another crypto in the market.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
I don't think so and how much can you expect for the price of each aptos? VC may be dumping their hold as they got aptos from being early adopters but i don't even care about that since i got my aptos from airdrop and i have sold when it was still at the peak price before FTX was collapse.


Title: Re: Anyone buying Aptos already?
Post by: serjent05 on December 03, 2022, 11:53:28 PM
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I also think the same, I will wait for a little longer.  My buy plan is somewhere around less than $1.  I will have a scoop of Aptos if they fall less than $1.  Since I think Aptos is currently overhyped.  If it does not fall under $1, then this investment isn't for me.  I don't feel I am missing out if ever I missed this one though.


Title: Re: Anyone buying Aptos already?
Post by: OgNasty on December 04, 2022, 02:39:04 AM
Didn't I read somewhere that Aptos was among the assets that Alameda was pumping in order to artificially inflate the value of their balance sheet?  If that's true, I would avoid it.  A ton of coins could be sitting somewhere ready to liquidate onto the market in the event that bankruptcy proceedings develop in that way.  I'm not sure what the pros of Aptos are, but there are enough risks to where it seems like there are better alternatives for your capital.  This could be one of those slow grind to 0 stories.


Title: Re: Anyone buying Aptos already?
Post by: SquirrelJulietGarden on December 04, 2022, 03:21:02 AM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
It is very stupid to buy altcoins in bear market.

It is more stupid to buy altcoin that reached its all time high (https://coinmarketcap.com/currencies/aptos/) just about one month ago and today its price is only half of its all time high. Total high supply is another risk.

It claimed to redefine technology that is their exaggerating promise at the moment. Will they be able to launch technological redefining products? If they fail, what will be price for that token.


Title: Re: Anyone buying Aptos already?
Post by: adaseb on December 04, 2022, 05:47:39 AM
Aptos, like Serum and Solana and many of the other projects belonging to FTX you really gotta be careful investing, especially long term.

These are going to always have that feeling of “liquidator forced to dump tokens to pay off creditors” and many will be scared to invest. Especially since these are all considered small cap pretty much, except SOL.

So I would avoid this token.


Title: Re: Anyone buying Aptos already?
Post by: DanWalker on December 04, 2022, 09:21:32 AM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I agree with you that the current price of Aptos is not really tempting to invest. I mean you always have to keep in mind, that the team behind Aptos received around 400 Million $ of funding from big VC's. Of course, one of those companies was FTX, but they also got money from Binance and many others. This means hat those big companies are owning a very big amount of the total supply and i think once we have reached a certain price level those bic companies will start to sell of their tokens and they have so much of them that they can really control the price of the whole project for at least a  few years from now in my opinion.

No, you are wrong. VCs investing in Aptos or any other project will buy at a low price, which can be said to be much lower than the public sale. But they won't get all the tokens at once, tokens will be paid out by the project in installments, which can last up to several years. This is to avoid the case of VC dumping killing the project, and they must be responsible for supporting the project's development. Similar to the case of FTX with Sol, FTX owns 280 million SOl tokens but will be paid between 2021 and 2027.


Title: Re: Anyone buying Aptos already?
Post by: cryptoaddictchie on December 04, 2022, 09:27:32 AM
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
Still far form their VCs price entry. Though they are lock on near future, there are tendency on retailers to think like this right? Especially degen on a major L1 project like this should work in bulked. But seeing the aptos chart I think it is stable somehow and can have a good profits when enter on good condition.


Title: Re: Anyone buying Aptos already?
Post by: len01 on December 04, 2022, 10:19:35 AM
I'm not interested in buying Aptos.

for me Aptos is a new altcoin that is being hype and pumped after that it has the risk of going down even further.

I wouldn't risk my money on a new altcoin that is only in hype for a moment.


Title: Re: Anyone buying Aptos already?
Post by: o48o on December 04, 2022, 01:32:33 PM
I find it interesting on fundamental level but i wouldn't bet on it staying so high in the marketcap, as this is a new project, and in this market situation i think people are avoiding risks way more then in bull market. I would like to see them shine but i think that investors are getting into more mature projects that they always wanted to get in but it was too expensive.


Title: Re: Anyone buying Aptos already?
Post by: kelonmusk on December 04, 2022, 02:21:25 PM
The collapse of FTX raised some concerns about Aptos investors and their faith in the company's management and future survival. It's hard to say how this will affect the company.

However, it will certainly be viewed negatively by potential investors like you if you choose not to invest in future rounds or withdraw now.

If you're entering the market during a bearish, investing in Aptos right now isn't the best idea. And if you do, you should wait until the market has recovered to buy it. Keep in mind that, it's not just APTOS that almost all altcoins have experienced a drastic drop in price.


Title: Re: Anyone buying Aptos already?
Post by: Maidak on December 04, 2022, 03:34:17 PM
Although Apt attracts and receives huge investments from VCs, it is still a relatively new project in the market after all. Apt has potential and is compared to sol, and many predict it will be Sol's replacement in the upcoming bull season.
Regarding whether to invest in Apt, I think we should observe for a while instead of buying immediately. Apt traded at $4 is still a very high price, I will invest but will wait for Apt to return to the $0.5-1$ price range, which is a suitable price range to buy.


Title: Re: Anyone buying Aptos already?
Post by: Jatiluhung on December 04, 2022, 03:37:57 PM
Aptos still looks to me to have very high upside potential. But I haven't bought it yet. I'm still waiting for the right time. I'm waiting for the bitcoin price to decrease again. so all altcoins will drop dramatically including Aptos. and that's when maybe I'll buy it. But of course I don't know when BTC will go down again. but I have nothing to lose patiently waiting for the time to come. so you can buy Aptos from a lower price.


Title: Re: Anyone buying Aptos already?
Post by: naira on December 04, 2022, 03:40:27 PM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
If the reason you are not ready to buy then there is no problem right? then what is the target price you want to look forward to? $1 or $0.001? actually depends on you yourself whether the financial position for investment or trading? because the path taken must be different. Investors might buy based on potential, but once again the mistake of the Aptos project was entering the FTX exchange which would indeed result in losses that had not been covered so far.


Title: Re: Anyone buying Aptos already?
Post by: MFahad on December 05, 2022, 12:02:30 PM
I have been awarded airdrop of 150 Aptos. I sold 80% token at the price of 7$ and rest keeping for future transactions. I think it was good decision to sell at this price because price down now. I will be looking to buy Below 3$ and hope one crash will let him down to my buying barea.


Title: Re: Anyone buying Aptos already?
Post by: Jatiluhung on December 05, 2022, 01:19:28 PM
I have been awarded airdrop of 150 Aptos. I sold 80% token at the price of 7$ and rest keeping for future transactions. I think it was good decision to sell at this price because price down now. I will be looking to buy Below 3$ and hope one crash will let him down to my buying barea.
Well I also heard that many have benefited greatly from the Aptos Airdrop. I don't know too much about Airdrop because I'm still new to Crypto. But it seems that the Aptos Team really didn't let down the community that has supported them. so the rewards they give to the community via Airdrop are also very good. now I am also waiting for the price of Aptos to drop deeper. because I also want to collect Aptos a bit. because I think the Aptos project will still grow even bigger.


Title: Re: Anyone buying Aptos already?
Post by: joeperry on December 05, 2022, 01:48:22 PM
Still not buying it as of today. Just like everyone else, I also prefer to wait longer, to see how this project matures and present viable benefits of acquiring it. Given the many projects being presented now and then, and those which have been resurrected from hiatus, it is important to really do research and observe activities and progress before diving into the decision of investment. Also, this current market situation affects the risk tolerance that we have because making mistakes during this time would cost a lot of resources and damage.


Title: Re: Anyone buying Aptos already?
Post by: abel1337 on December 05, 2022, 02:35:49 PM
Aptos is one of the coins that I need to purchase before the bull market arrive but I think it's still high now and I prefer to still wait since I believe that it's value will go down. I acquired a small number of it just to make sure if it doesn't hit the bottom again. I'm aiming to wait until the market will laylow. Currently it's $5.32ish per aptos, around more or less 60% from it's all time high, It's still a new coin and there is a high chance that there will be a driving force that will make it's value down.


Title: Re: Anyone buying Aptos already?
Post by: fzkto on December 05, 2022, 06:57:29 PM
Still not buying it as of today. Just like everyone else, I also prefer to wait longer, to see how this project matures and present viable benefits of acquiring it. Given the many projects being presented now and then, and those which have been resurrected from hiatus, it is important to really do research and observe activities and progress before diving into the decision of investment. Also, this current market situation affects the risk tolerance that we have because making mistakes during this time would cost a lot of resources and damage.
You are probably right and the price of Aptos will fall in the future because the project was released in a bear market. All the new projects that were launched on the fall have become very cheap. Now Aptos is only known because of their generous airdrop. If there hadn't been this distribution, no one would have known about the project at all and it would have gone unnoticed. But perhaps in the future it could bring in good profits. This situation reminds me of the past story with UNI.


Title: Re: Anyone buying Aptos already?
Post by: Pejoh Asu on December 06, 2022, 09:58:00 AM
I heard aptos from Twitter because the official Twitter account their account always promised Airdrops, and now they are still actively giving an Airdrops promise because it succeeded in listing binance, and I also bought Aptos a month ago when the price is $ 7 and now the price of drops, hopefully the December can rise and touch $ 10.


Title: Re: Anyone buying Aptos already?
Post by: yohananaomi on December 08, 2022, 07:21:44 AM
I heard aptos from Twitter because the official Twitter account their account always promised Airdrops, and now they are still actively giving an Airdrops promise because it succeeded in listing binance, and I also bought Aptos a month ago when the price is $ 7 and now the price of drops, hopefully the December can rise and touch $ 10.
in my opinion, I doubt that this December will be able to reach $ 10, because December is expected to increase but not significantly and not the same as last year. can be up to $ 7 according to when you buy it, this is certainly extraordinary. but it must be admitted that it is still a potential coin at a time like now that it can still survive at a decent price and not drop too much.


Title: Re: Anyone buying Aptos already?
Post by: BD Crypto on December 08, 2022, 09:16:27 AM
In the past Aptos was in a very high price but now it's available in a decent price. I think now it's the best time to accumulate some Aptos for the future pump. Aptos is one of the best choices for me.


Title: Re: Anyone buying Aptos already?
Post by: ice18 on December 08, 2022, 12:52:58 PM
I heard aptos from Twitter because the official Twitter account their account always promised Airdrops, and now they are still actively giving an Airdrops promise because it succeeded in listing binance, and I also bought Aptos a month ago when the price is $ 7 and now the price of drops, hopefully the December can rise and touch $ 10.
We are still in a bear season so dont expect much for a price increase it maybe a bull trap and can go lower at $1 wait for a bull season and for sure Aptos can recover quickly but for now I doubt for another $10.


Title: Re: Anyone buying Aptos already?
Post by: Jatiluhung on December 08, 2022, 01:55:19 PM
I heard aptos from Twitter because the official Twitter account their account always promised Airdrops, and now they are still actively giving an Airdrops promise because it succeeded in listing binance, and I also bought Aptos a month ago when the price is $ 7 and now the price of drops, hopefully the December can rise and touch $ 10.
some time ago I started buying Aptos at the price of $4.7. because I rate Aptos very strong in this area. and I also expect there will be an increase in Aptos this month. But I think Aptos does have very good potential if held for the medium term. so I also decided to buy it little by little every time there is a decrease.