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Perhaps they sold their idea to an investor, and he decided to redo everything from scratch. I also do not hear information about this project, although there was a time many talked about it and offered to buy a share of tokens based on growth in a few years. But history is shrouded in darkness and time.
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The trend did not change, there was a correction and it was very weak, many analysts expected a hit to the 28-32 mark, and in our country, in fact, even the wall at 40 was not broken. Therefore, I am leaving my positions in anticipation of growth. As soon as we see a change in the bearish trend, then we can think about what will be profitable to buy and hold.
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Musk is a competent marketer, his task is to find something that you can make people believe in, so that there is no feeling that the opinion is imposed. And then it all depends on how this process goes, at some point it was very surprising to me, "Bitcoin is so good" - "No, he is bad from him, the warming comes and he is not environmentally friendly", or Shibu. It's as if the blockchain works without mining and burning electricity.
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I agree with some of those who voiced their opinion. I do not like to enter projects that have already yielded many multiplications of money, the chance of getting a large conversion of liquidity is too high. It is easier to continue looking for projects in which there has not yet been an increase in capital.
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I would not recommend investing in this type of tokens, their pricing is too unstable, it’s easier for you to find a full-fledged project that you can enter at the start before the sale starts. Come in at a good value and exit with a few capital multiplies. This is a very real scheme, trying to find a unique token by buying it for $ 50, you can sell it for $ 500, but it's easier to do x2 3-4 times.
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If the asset is converted through the ETH chain, then the cost of the commission will be huge, with small amounts it is very unprofitable. If we take BNB chain, then their solution looks more profitable from the standpoint of converting and transferring money, I would recommend the second option, it is more profitable with frequent small transactions and transfers.
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I do not see the possibility and understanding of long-term investment in such assets, only short positions can give real profit, in the long run it is very difficult to understand which project will give real growth, because any negative informational reason can drop growth, and turn profit into loss.
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My position is not to wait for December, but for January. The main phase will be visible after the markets open after the new year. I think that the bears are waiting for a signal from the big market, and when needed, they will immediately start an attack on strong walls, although I may be wrong.
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December this year is very calm, a correction is expected, there is no endless growth, no trend for the arrival of bears is yet visible, the walls are too strong for the main points. If you look at this stability, it showed that no one is ready to buy more expensive, and not ready to sell cheaper, the result of someone decided to shake the game, to re-buy at lower positions and push the hamsters to the abyss.
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To be honest, I don't see a lot of potential in these projects, their structure is relatively similar. I did not read the white papers of these projects, if someone delved into their essence, I ask you to tell me the main ideas, because apart from some similarity to the pyramids, I did not see anything else at first glance. If there is good information, please write. Thanks.
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The idea of this has already sounded many times, there were even projects that offered integration with a master card or a visa, so that their wallet was tied to the coin, and the coin was traded through the application and it was possible to keep many coins on the balance that can easily be converted into dollars on the card. But I have not seen successful examples of the implementation of this idea, I hope that this idea will be implemented in 2022.
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After the recent adjustment of all coins, it is very difficult to say what the vector of the trend will be during the New Year period, as I think. it makes sense to invest after January 15, when the markets open, and before the start of the Chinese New Year. It is as safe as possible. If you want to try your luck, then you can now enter projects.
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This is a very real scenario that it will become the leading coin, but it will definitely not be able to go above two, this is bitcoin and ether, it is unrealistic to get around these two coins at the moment, I cannot imagine what support should be provided so that the reality of reaching the first place is tangible.
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The chance to get into a bad project only on the wave of hype is very real. Therefore, fundamentally, it is not about chasing high sharp growth, but trying to find projects that look as good as one day, but very interesting ideas or funds that are behind them.Lately, too many projects based on hype are just bubbles for stealing money from honest people.
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This means that the coin can be converted and carried through other chains besides the one you specified. Ether is expensive in terms of the cost of gas, since each distribution of tokens costs a lot of money, as for the BSC, the cost there is much lower, but in this niche there are a lot of fraudulent projects, without liquidity.
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There may be several investment plans. The main thing is not to keep your money in one basket. Invest in fifty projects according to the degree of their interest. I would like to wish you luck in finding good projects, because now it is very difficult to find projects that do not turn into garbage in 2-3 months after the peak in cost.
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The most important question, this is the official message, we all think we have heard about the squid game. To be surprised that informational stuffing is possible, but if they officially confirm it, then this is a very good signal for the market of these resources. This is a huge niche for pouring money in and making big profits.
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There is nothing strange about this, now there will be psychological pressure on the holders, then, either a massive outflow of money, or they will enlist the support of one of the major personalities and try to raise the course again on the information noise around the project. But I think that this is just speculation and there is no real idea behind the project.
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