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Question: i need help
Yes it's gonna pump to 0.40 or 0.50 - 0 (0%)
nope you're an asshole - 2 (100%)
Total Voters: 2

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Author Topic: Is Fet.ai a good token?  (Read 100 times)
adecodestroyer (OP)
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May 01, 2022, 03:29:18 AM
 #1

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?
Tytanowy Janusz
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May 01, 2022, 09:10:32 AM
 #2

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?

Its an IA token. So far no one is interrested in those. Whole crypto industry during whole 2020-2022 bull run was focused on Defi, MEMEcoins and NFT and metaverse. Thats why this coin was performing so poor bearly reaching IEO price (it was one of first binance lauchpad tokens and I think it performed the worse). I don't know how their developement is going. If they are building now or just existing waiting for sudden death but if they are slowly making product its possible that during next bull run FET will give good returns because AI as technology did not have its bull run yet. not in crypto, not in stocks. And its a groundbreaking technology that for sure will have a bubble world did not see yet. So it might be hudge ... especially that they were promoted by binance ... as long as they are building which i'm not so sure about.

So far, short/mid term, this project is not what i'll put my money in. Long term trend line on LOG chart is broken, little to zero trading volume, possible long term bear market for stocks and crypto.
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May 01, 2022, 03:13:08 PM
 #3

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?
Pump or not totally depend with bitcoin. I know how you do feel bad when you are seeing your portfolios are also decreasing a lot. It looks like a horrible day for you. You are still loosing little compared with those who have bought that at the peak price but i don't even think if the bullish will come to this token. As far as i can see the hype was not so big. As long as you can be patience waiting for the pump to happen and you will able to recover your money again but once you are cutloss your token and you will be loosing it.

Crypto Library
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May 01, 2022, 03:29:49 PM
 #4

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?
It is not that much easy to say that to any coin when it will pump or when it will dump . This is totally depends on the market situation. As your talk, I do some research about this coin in coin market cap  this is really brand new coin but it's trade volume is good for now but  I have a fear that it will dump for long-term . I have seen most of the new coins have a lot of trade volume at first but then gradually decrease and the price goes down. In Crypto world  doesn't really say anything with certainty, so I'm not going to say that it will decrease. I'd say hold on, hopefully it will pump up.

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May 01, 2022, 03:34:25 PM
 #5

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?
sometimes there are times when we are patient with market conditions that are not running normally, currently many people have a reduced portfolio and some are even worse, due to buying coins at high prices, if we are able to be patient in recovery and wait for pumping to occur, then we can avoid the money we have, stay afloat and don't do anything that can be detrimental

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May 01, 2022, 03:38:28 PM
 #6

Had you bought at the current price, you would probably have made a profit of at least 0.04 I don't actually know the development of this token but at a glance it will return to 0.36 but not short and you may have to wait 1 or 2 months. It's true what @Tytanowy Janusz said for short term returns in NFT or better metaverse.

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TastyChillySauce00
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May 01, 2022, 03:56:34 PM
 #7

It's touching 25 cents right now. Be patience everything will be fine soon. You need to be a proffesional trader and you must not follow your emotion. That will only make you lose your money even more.
That project was good and it's also getting listed on binance and coinbase. The chance for it to retrace back again to the previous position is so high.
I think that you will face your position again very soon. I hope that if this will become the last bottom for the bitcoin before it will be pumping so hard again soon. We have experienced the bearish trend last month and we can hope bitcoin to make another gain for this month too.

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May 01, 2022, 04:25:21 PM
 #8

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?
I am pretty sure you did your own research before speculating on the price of this coin, well if you didn't then take note that you shouldn't be doing that, it is expected of you to carry out your own research before buying any coin whatsoever. As for this very token, it is not very popular and i don't think speculators fancy it very much. There has to be constant demand for a coin and continuous development from its team of developers to either maintain its price or to pump, sadly i do not think any of that is happening for this token right now; if i am going to be honest with you i don't see this token as having any sustainability in the long term, so since you are running at a loss for now, you can prolly hold it, but it would also be much better to sell if/when you break even or make any ROI. Mind you that it is not an investment advice but just my two cents, do your own research and make up your own mind.

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JeromeTash
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May 01, 2022, 09:03:48 PM
 #9

You should have shorted when you had a chance  Cheesy

Anyway jokes aside. Most of the Binance launchpad tokens are pump and dump projects. If it does not make profits in the early stages especially if it didn't even pump during the recent bull run. Forget about it.

So you have to choose between keeping it or selling it. Remember when you sell a coin for USDT or any other stablecoin. That's when you realize profit or loss but as of now, you are in unrealized profit or loss.

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May 01, 2022, 09:08:11 PM
 #10

I bought it when it cost at 0.32 waiting for it to reach at least 0.40 and now it's worth like 0.27, at some point will pump right? rigth?
This is a normal scenario, if you are already doubt about this project better to start the cutting loss and look for other good project. I wonder why many newbies are still buying a token that they are not familiar with, also its better to have a target price and take profit if you already have the chance. I don’t see any big innovation about this project, I think it will continue to drop so better to sell now and go for the best coins in the market.
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