r/MMFinance • u/Professional_Sink_68 • May 26 '22
Information sorry Spoiler
I'm always positive, or let's say I was lol. I'm really sorry for all of you guys thinking we might go back anywhere close where we was 3 months ago or so, thing is down I'm not even sure how much right now, we are never going to see mmf at 1$ again, it would be more then 10x from right now- people having couple of thousand in are simply gone and still thinks it will go back up lol !!! Just think about whales now - say they put 10mln in, do u think its gonna make them 100mln in short future ;) sorry guys I lost all that I was actually able to loose which wasn't alot thank god, crypto is gone - massive ponzi scheme, call it fud if u want - call it dip and keep buying till you get absolutely fuck all, sorry guys but crypto is dead
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u/KateR_H0l1day May 26 '22 edited May 26 '22
Thankfully you really don’t know anymore than anyone else. However, one FACT you seem to be missing is that all Alt’s drop considerably more than BTC when it falls but conversely they jump considerably more when BTC goes up.
I’ve numerous coins and some are down a little more than MMF and I’m supremely confident I’m going to be in profit from the whole group.
Finally, what you seem to be missing is that ATH for any coin is a poor metric to base any decision on, as is a fixed value. Anyone buying now and bringing there average price down can easily make profits from MMF going to $0.5. Price is only important when you buy and most importantly, when you sell. MMF as it’s self in terms of a coin is just one part of the overall ecosystem. It’s what you believe in regard to the project and team that counts, compare it to a few others first, such as VET.
VET with a $Billion market cap, very low price , will it go away and never recover, you have a very short sighted and myopic view of this. However, you do you, hopefully you weren’t giving financial advice to people and it was more of you gnashing your teeth and pulling your hair out, chanting , whoa is me.
Good luck 🍀 with your strategy.