*********Once in 10 year buying opportunity is about to expire, same case as waves 60 cents in december 2019:
Tracking waves $6.65-$10.8/TN 0.024 october 2020 resistance project very imminently $0.16-$0.25. In this range it is good idea to cash out some or convert to swop to hedge reversal back to $0.025 which only nets -35% loss when LP instead of -80-90% when holding.
This event is reversed H & S failure by waves if $12-$12.6 zone fails. If the H & S forms expect imminently $24.8 then continuation. In this event TN should also begin climbing towards 5 cents and then eventually 25 cents. It is possible if waves -50% to $6.65, TN also -30-40% before real uptrend recommencing.
Anyone with a few thousand $ in TN at this price (when buying today at $0.016-$0.03) will be financially independent over 10 cents regardless so it is worth this level of investment but it is still possible to lose 100% if there is rugpull or other project errors.
The risk/reward is once in a decade opportunity, last time was waves at 60 cents back in december 2019. Anyone who bought there, would also be financially independent at this point.
https://swop.fi/info/3PCdNCULgjM9ZMLEt61M45qxV26ro6o48Jj
https://coinmarketcap.com/currencies/turtlenetwork/
https://wallet.turtlenetwork.eu/sign-in
https://polarity.exchange/auth
http://statistics.turtlenetwork.eu/txs/
Like I said in 2019 when waves wicked 54 cents, investors who are unable to understand that they should invest here, should not continue being investors and instead take an easier job such as car salesman.
Parabolic target:
Low 25 cents
Intermediate 60 cents to 4 USD
High 34 to 100 USD similar to Raiblocks 2017 parabola which went from $500k early in the year to $4 billion market cap 9 months later.This is a handpicked
x1000 prediction, one of very few with this action potential in marketspace of 10 000 cryptos. But you only need x5 for financial freedom in this case on $0.02 baseline so it will vastly overshoot that target because everyone will want to get in on it and this will cause cascading parabola up to $100.
So what is TurtleNetwork?
- A waves clone with identical Design, Function and services valued at 1/1000th of waves native, predict 1/10 parity soon 60 cents/6 usd waves/TN
- Non inflatable supply max 100m
- Swop Fi listing worth $2m (100k swop required for listing)
- Registered European company as opposed to Waves which is Russian
- Loan Dapp on Polarity where users can borrow USDT in exchange for TN collateral up to 90 days, waves dex doesn't have this function. I used this many times but for now dapp liquidity is low and LTV is not so good becaue TN volatility
- NFT marketplace in development I think
- BPSAA member together with Piratechain (which recently did x100 and then back)
- Financial backing by top leasingpools on waves with 1m+ in pool generating thousands in weekly profit for TN team (this money is not reinvested into TN it is separate company BlackTurtleNode but it means there are deep pockets involved from this pool and BPSAA members who are very wealthy)
My prediction track record:
https://www.marquisemuseum.com/hedge-fund/o0actq7e50hji8awvhkhhim4w7k7xaDisclaimer: I also invested in 100% failures during 2018 and as such investors must form their own opinion on this project. For high risk investors, risk/reward is off the charts. This is as good as it gets in Crypto when in 2017 completely substanceless projects were trading $100m-$1bn, whereas TN with real substance is trading now at $2m which is the substance value/
NAV of Swop FI listing alone.
https://en.wikipedia.org/wiki/Net_asset_valueP/S measured valuation is x35 on $4000 weekly income from BlackTurtleNode (77.5 waves) but this income is not part of TN crypto so must be discounted. The fact that it is even possible to apply classical valuation models on a Nano Crypto project is unmatched because 99% of high growth startups especially in Crypto are not profit generating and are 100% speculatively traded. This project actually contains measurable data points to apply sophisticated valuation modeling and this is one reason why it may be part of a very small minority of cryptos with x1000 potential.
For example the P/E traded value of waves is presently x2500 on $500 000 in annually generated platform fees. So buying TN at $0.0167 is like buying waves at 18 cents which is all time low. It means that there is x230 upside from todays value based on waves $42 recent peak. In other words intermediate target $4.
By the same account it can be argued that waves is overvalued but there are more factors to consider such as Binance Futures service and visibility factor to a large and affluent investor community and this is the majority of waves $1.3bn market cap and waves is also alot cheaper compared to some project in top 15 that are not good such as Bitcoin cash. So waves is a solid project and investment but nowhere near TN because waves already made x20 from 60 cent low whereas TN is not yet matured and as such a pristine case for consideration, and you will not find anything near this quality that was not already pumped x100.
Waves would already be $100 if Swop and Eggs were not issued to dilute waves native. However, after W4 completion there is ample case for waves $300 w5 peak it is a question what is the trigger.