MAMM is living and doing its way, slowly resisting to the big dump and the aggressive trading occured after the initial pump. The ones who are looking for fast and 'easy' profit, usually invest big cash on the first run then quickly go out after the first or second drop. Sometimes their timming is perfect and they won the deal, sometimes not... This is not exclusive to MAMM - It happens with all new currencies.
I don't like much those gambling trading methods. I prefer to make medium/long term investments and that's what I'm doing with MAMM.
There's more then a 15 days chart to look at. The product - MAMM coin - is technically very well designed and works perfectly. Very fast, very reliable and tbh, with a 50% POS interest, it can generate lots of coins for the ones who invested or are willing to invest on MammothCoin.
So the problem is just how cheap it is now and some fud still going on among some of the investors, mainly those who were a bit more greedy and put more then they should on the deal.
As always, there are 3 alternatives: SELL HOLD or BUY. Now:
a) Are you going to sell your mamms for 400 sat and just call it a loss?
b) Will you hold them, maybe stake some, and be part of the ones that really want this coin to raise to the moon, but sustentably and without rush?
c) Maybe you still consider MAMM as a good investment (there are a lot of reasons that can make you think it is!), it's very cheap now and it will awake sooner or later, so you'll buy some more.
That's how our business work! Decision - Reaction - Decision.
I can't deny that I would have prefered MAMM to maintain the initial growth and the initial dynamic. But it didn't (and I expected that). But that doen't mean I'm out of it. I'm holding my coins, I'm staking a bunch, I've a rig minning MAMM, and I'm still here sharing my toughts, ready to contribute to anything I consider to be important for this project, making decisions, round after round, turn after turn... and everything will be alright!
I don't make fortune with crypto trading. But my profits, until now, are indeed very interesting. Also, I have read a lot, studied a lot, tried different approaches, and now I have a sharper perception about most of the stuff that exist around cryptocurrency realms.
One thing interest me the most, even more then 'how much can I profit adding a specific coin to the portfolio' it's the Community factor.
The future of cryptocurrency, seeing beyond pure finance, has a true social nature. And that's, imo, the main factor which determine the technologic state of the art, new socio-economic models and big businesses for the pioneers of this new mentality.
Scam schemes and toxics will never end but more and more people (and the market itself) are already starting to understand, just observing the nature and the flow of each new crypto project, if it has big or small chances to succeed. And, imho, that can't be read immediatly from the charts or the order books. Bacause I'm talking about big changes, mind revolution, new human behaviour, and that takes time. So, again, I think after some chaos and asyncronous debate, there's now some interessant thesis that points to some very plausible scenarios where
cryptocurrency will have the main role on the economy and that will be indexed to the parallel development of particular communities and their specific (or global) playground and interests.
Any thoughts?
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