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Author Topic: ∧ Shape In Price  (Read 148 times)
tycsols
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September 24, 2020, 12:49:54 PM
 #21

Recently the top defi coins have peaked and they will be forming similar chart that will be fully visible in a couple of more weeks. I am not saying it was a pump and dump scenario but definitely there was some manipulation from the whales and others just chased the pump. Looks like in few weeks there will be good opportunity to buy good defi coins for cheap.

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September 24, 2020, 02:21:48 PM
 #22

Recently the top defi coins have peaked and they will be forming similar chart that will be fully visible in a couple of more weeks. I am not saying it was a pump and dump scenario but definitely there was some manipulation from the whales and others just chased the pump. Looks like in few weeks there will be good opportunity to buy good defi coins for cheap.
Is this just a speculation or an assumption on your part that you can make a prediction saying that in a few weeks there will be a good chance of buying a good defi coin for a cheap price? if this can happen then your prediction is a very extraordinary thing.
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September 24, 2020, 02:35:08 PM
 #23



Some projects will be able to exceed the previous ATH, but of course in my opinion more than 90% of all projects are trash and do not represent any value, or copy each other!

Some will do and some will not, the coming all time high will be different not all coins will see another all time high only coins with a lot of good support, and potential like product and platforms that the community are using, a coins or tokens should not only about roadmap and promises there should be platform like what the DeFi tokens are offering.

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September 24, 2020, 03:06:56 PM
 #24

Have you noticed whether all old cryptocurrencies went through ∧ shape in price?

Will all cryptocurrencies have gone thru this and let people make big profit?

There is no Crypto tokens that has not gone through this pump and dump phase even BTC, but the difference is if the project truly have a true product that solves people's problem, BTC has rise and dump several times and we all know that it will rise again because there is a strong fundamentals being it. Only shitcoins pump, dump and die

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isaac_clarke22
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September 24, 2020, 04:00:48 PM
 #25

Have you noticed whether all old cryptocurrencies went through ∧ shape in price?

Will all cryptocurrencies have gone thru this and let people make big profit?
Not all. Check CMC, some would just repeat the wave again.
Expect that shapes to shitcoins, OP.
They don't tend to last long for even a single night due to many dumps happening, causing the price to flatten after the whole day of being sold by different types of people who gets them.
KimmyF
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September 24, 2020, 07:43:28 PM
 #26

Have you noticed whether all old cryptocurrencies went through ∧ shape in price?

Will all cryptocurrencies have gone thru this and let people make big profit?
Not all. Check CMC, some would just repeat the wave again.
Expect that shapes to shitcoins, OP.
They don't tend to last long for even a single night due to many dumps happening, causing the price to flatten after the whole day of being sold by different types of people who gets them.
Looks like all cryptocurrency is just recovering the price level. In particular, old coins are pumping after corrections. But the new coins and shit coins graph are different. New coins will take time to equal the supply and demand. Most of the coins are shit coins. These coins will die. All cryptocurrency won't let people make a big profit.
Kasabus
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September 24, 2020, 08:09:48 PM
 #27

Have you noticed whether all old cryptocurrencies went through ∧ shape in price?

Will all cryptocurrencies have gone thru this and let people make big profit?

There is no Crypto tokens that has not gone through this pump and dump phase even BTC, but the difference is if the project truly have a true product that solves people's problem, BTC has rise and dump several times and we all know that it will rise again because there is a strong fundamentals being it. Only shitcoins pump, dump and die
Pumps and dumps are very common in crypto market as new and old coins really tend to pump and then dump, and then vice versa. But for shitcoins, they will eventually pump and then suddenly dump and then totally lose their value. Unlike bitcoin and ethereum that are experiencing certain dumps at the moment but are expected to recover their prices once the market starts to pump.

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3meek
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September 25, 2020, 07:40:51 AM
 #28



Some projects will be able to exceed the previous ATH, but of course in my opinion more than 90% of all projects are trash and do not represent any value, or copy each other!

Some will do and some will not, the coming all time high will be different not all coins will see another all time high only coins with a lot of good support, and potential like product and platforms that the community are using, a coins or tokens should not only about roadmap and promises there should be platform like what the DeFi tokens are offering.

I think that Defi tokens will survive the same thing that once was the case with ICO tokens... Because there are a huge number of them, and most of them will turn out to be a scam... Wink

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September 25, 2020, 10:50:25 AM
 #29

Not necessarily, that spike is not a good indicator of any future growth as basically every shitcoin has had that spike back in the 2017 bull market. So I would say that more than 90% of those ATHs will never be reached again as a lot of those projects that have received a decent amount of hype back then will slowly but surely drift to obscurity and get replaced by newer, more advanced alternatives.
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