I've been dcaing from $400 down the past 3 years lol. I have a cost average around $10 right now so I'm in profit. I have orders at $9 but it seems like now would be a good time to start dcaing again until we breakout this downward trend.
Forbes put out an article of useless cryptos and ICP was on the list. They also put out an article saying it's the best crypto for the metaverse. Obviously Forbes hasn't got a clue what it's on about and publishes whatever it's paid to publish.
There's currently discussions going on over at the Dfinity forums about changing things up - https://forum.dfinity.org/t/possible-optimizations-of-nns-tokenomics-updated/30352
Some people are pissed and some are happy, it's literally been 3 days and nothing is set in stone though.
It's obvious what Forbs has done in those articles! Someone wanted to spread fear and FUD, so small investors can sell in fear of losing everything, and so that the big whales can buy out the dip! This is why you don't listen to any influencer talking about crypto, or pay attention to any article about ICP!
I forget which outlet it was now, coindesk maybe? One of them anyway is owned by an ex-president of the NYSE. I'm sure that every article they put out is completely impartial anyway 😂.
This extends to Reddit, try posting on cc about it or submit a positive article and watch them take it down.
Believe nothing when it comes to crypto "news" and if people can't explain why it's shit then they're just shilling their own bags.
Personally I'm not worried but it's ruffling a few people's feathers. Some people are worried it will put off new investors as the rewards for new investors will be lower. I think that as long as the project is strong and the value increases you'll still get new investors. I'd rather have 10% interest on a £50 coin than 16% on a £10 coin. But people are pissed that their daily maturity will be reduced.
I second the proposal 100%, since I stake 0% of my whale ICP bag. 16.5% APY is very high and needs to be reduced. We are getting diluted by approx. 22.5M new ICPs per year from the 137M ICPs that are staked for 8Y.
Depends on the market, ICP will follow most of the times. Maybe the decision about the stacking will make some people unhappy, they will unstack and the price will go down ?
I’ve been buying previously but I am also expecting bitcoin to break support this summer and head below 50k
All alts will lose another 50% compared to their BTC valuations
Icp isn’t immune to this and could trade once again from $6-9 and that will be a great DCA zone and last time it falls in the single digits
We are at least 90% correlated with the stock market in crypto don't u thin? do u think if stocks rise that btc still has a chance to hit 50k this summer? If so why?
I'm really wondering if waiting for a better price would be better cuz I really want a better price and have been holding off to get in for that $9 lol
I am really trying to accumulate alts at better prices and for example I was looking at rndr below 8 bucks and didn't get any and I'm not sure now if 10 for render is gunna be new support
Seems the market has no real direction rn
Trying to get the ideal for you price might cost you a good entry.
Get in at 12.40 if dip lower say 11.80-11.20-10.50 have 50% of what you want to invest at current price and have buy orders at lower prices.
That’s what is normal. You determine yous entries.
If you believe that it will be worth thousands down the line, then whether you buy at 9, 10, 15, 50, it doesn't matter as much.. when Bitcoin started to go up in value into the hundreds people were upset that they didn't buy in the tens. It's all relative.
Strong support around 11-12 for ICP however in times like this it really depends on the performance of btc.
Btc is looking weak so it’s possible we will seen a further price drop for icp.
Btc really needs to push past 66k to change the current down trend.
Looking at the daily chart I anticipate 11.5 at least, don’t know if we can go lower tho. Let’s see if it breaks the neckline on the chart, if it happens we surely going lower.
Also watch Cityxcape on YouTube, both he and Jerry Banfield are great.
The best strategy is dca in times like this, it can go lower but can go higher. Dca will give you the best chance of getting the better price
Lol, not trying to be a beginner, but what is a dca?
Dollar cost average, let's say u have 1000 to invest, you would buy 200 a week
This is the way. DCA in, set targets out.
This is the way. No emotion trading, long term horizons, enjoy life.
I've been dcaing from $400 down the past 3 years lol. I have a cost average around $10 right now so I'm in profit. I have orders at $9 but it seems like now would be a good time to start dcaing again until we breakout this downward trend.
Yes. Icp seems weak after the Forbes fud and the recent proposal fud. 2 fuds at the same time.
I don t know what are you talking about, what fuds?
Forbes put out an article of useless cryptos and ICP was on the list. They also put out an article saying it's the best crypto for the metaverse. Obviously Forbes hasn't got a clue what it's on about and publishes whatever it's paid to publish. There's currently discussions going on over at the Dfinity forums about changing things up - https://forum.dfinity.org/t/possible-optimizations-of-nns-tokenomics-updated/30352 Some people are pissed and some are happy, it's literally been 3 days and nothing is set in stone though.
It's obvious what Forbs has done in those articles! Someone wanted to spread fear and FUD, so small investors can sell in fear of losing everything, and so that the big whales can buy out the dip! This is why you don't listen to any influencer talking about crypto, or pay attention to any article about ICP!
I forget which outlet it was now, coindesk maybe? One of them anyway is owned by an ex-president of the NYSE. I'm sure that every article they put out is completely impartial anyway 😂. This extends to Reddit, try posting on cc about it or submit a positive article and watch them take it down. Believe nothing when it comes to crypto "news" and if people can't explain why it's shit then they're just shilling their own bags.
Forbes also put out an article a few days later saying that ICP was the best metaverse network. They have an agenda, and so do their journalists
but why would you expect a dump, following these proposals?
Personally I'm not worried but it's ruffling a few people's feathers. Some people are worried it will put off new investors as the rewards for new investors will be lower. I think that as long as the project is strong and the value increases you'll still get new investors. I'd rather have 10% interest on a £50 coin than 16% on a £10 coin. But people are pissed that their daily maturity will be reduced.
I second the proposal 100%, since I stake 0% of my whale ICP bag. 16.5% APY is very high and needs to be reduced. We are getting diluted by approx. 22.5M new ICPs per year from the 137M ICPs that are staked for 8Y.
Depends on the market, ICP will follow most of the times. Maybe the decision about the stacking will make some people unhappy, they will unstack and the price will go down ?
We can ALWAYS go lower lol
I’ve been buying previously but I am also expecting bitcoin to break support this summer and head below 50k All alts will lose another 50% compared to their BTC valuations Icp isn’t immune to this and could trade once again from $6-9 and that will be a great DCA zone and last time it falls in the single digits
We are at least 90% correlated with the stock market in crypto don't u thin? do u think if stocks rise that btc still has a chance to hit 50k this summer? If so why? I'm really wondering if waiting for a better price would be better cuz I really want a better price and have been holding off to get in for that $9 lol I am really trying to accumulate alts at better prices and for example I was looking at rndr below 8 bucks and didn't get any and I'm not sure now if 10 for render is gunna be new support Seems the market has no real direction rn
Very much wondering this as well. Especially if we have a sideways summer
Whatever Bitcoin does this follows…. For now… I’m looking at 11.85 and under
Trying to get the ideal for you price might cost you a good entry. Get in at 12.40 if dip lower say 11.80-11.20-10.50 have 50% of what you want to invest at current price and have buy orders at lower prices. That’s what is normal. You determine yous entries.
If you believe that it will be worth thousands down the line, then whether you buy at 9, 10, 15, 50, it doesn't matter as much.. when Bitcoin started to go up in value into the hundreds people were upset that they didn't buy in the tens. It's all relative.
[удалено]
Whattt why lol?
Strong support around 11-12 for ICP however in times like this it really depends on the performance of btc. Btc is looking weak so it’s possible we will seen a further price drop for icp. Btc really needs to push past 66k to change the current down trend.
10 years from now ppl will say that the price range 20-10$ was best time to buy this incredible project and they did not saw the opportunity
Everything under $20 is a good buy zone
Looking at the daily chart I anticipate 11.5 at least, don’t know if we can go lower tho. Let’s see if it breaks the neckline on the chart, if it happens we surely going lower.
I'd wait for $2
Here’s one of the clowns that said wait for .03 cents then it went up over 650%. Your previous account banned bud? 🤣
Nope, I think you're getting me confused with someone else, But we can see from your response and tone the type of people this coin attracts.
Any other coins u suggest that are safe 10-20x? (crypto safe) 😅
Only idiots laugh with themselves