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dottozil:
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dottozil:
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Notyamate:
Two of my coins pumping, $OGN and $AUDIO

MrCodeSolo:
if you are very much aware of the recent development surrounding theta coin & tfuel sudden price spikes?...$theta & $tfuel in 41 days time somewhere around 2nd week of apirl 2021 will launch the theta mainnet 3.0 that will produce the first genesis block meaning in a simple term; they will be migrating all their current erc20 compliant coins and tokens from the ethereum blockchain to run on their theta blockchain 3.0.
"for most of the other mainnet projects, the token price at the mainnet launch time is higher than that 90 days before and 90 days after the mainnet launch, which means the price increased before the mainnet launch and decreased after the mainnet launch"...look at $ont as at 2018, it was traded at $5.24 per coin before the launch... But today where is ONT coin sitting? At a stagnant $1.11 per coin position though temporal giving by the volatility nature of the crypto realm..a lot could happen to price actions with 24hrs..so many other altcoins tend to follow similar pattern prior to pre-launching of their mainnet or even testnet and a dwindling price of 10% to 400% afterwards..vechain, Tron, eos etc..they all went throw dz same pattern..and the one that happened most recently; $ada. It was trading at $0.8 - 0.9 per coin before the march 1st 2021 project Mary hard fork launch that will usher in the deployment of smart contract features for the creation of third-party dapps on cardano blockchain. We saw $ada spiking $1.30 per coin just three days before the launch...analysts described $ada as the next altcoin to take the moonshot to $10...but she currently sits at $1.12
$Theta and $tfuel will face same pattern and so it has been for several other altcoins before them.

My not-a-financial advice analysis.. I will wait for a dip of $theta or $tfuel to retest their support levels previous-one or two time back before going 50% in and apply the concept of dollar-cost averaging and buy 25% more should it dip further, another 25% more during the price dip episodes probably...then wait it all out with my use of proper stop-loss and OCO LIMIT, for a week after the launch to dispose all my $theta bags and just like some previous projects back, there is always a staggering month or two of price dip after the mainnet launch...I may come back and buy 50% more from my available bal. And look elsewhere.
Why should it have to be this way? a little lesson on repeated pattern of crypto history.

Posted below is an extract from the
21CRYPTOS |
MAGAZINE
How Mainnet Launches Affect Price was written by David Akilo, and it’s included in issue #12 of 21Cryptos Magazine:

So, what’s a mainnet?

A mainnet is a blockchain network that is capable of transferring a digital currency from a sender to a recipient. This is the network where transactions take place on a distributed ledger and are a step-up from testnets which merely test the transaction functionality of the blockchain network. The mainnet helps give investors and speculators confidence in the practicality or real-world application of the project.
Does a mainnet launch really determine project value?
Wouldn’t it be great to have a trusted indicator for knowing when the price of a coin will go up? Some investors think a mainnet launch is the best way to tell if a coin will reach the ‘moon,’ but the truth is, it doesn’t always pan out this way.

Paying some attention to the crypto market will reveal that many tokens get huge spikes around the time of their mainnet launch; this is no surprise since we have already established the fact that mainnets boost the investor’s confidence in a project. However, something else happens after the initial price hike, the value gained seems to trickle down a few weeks after the mainnet.

There are two possible reasons for this. It could be that there has been a miscalculation regarding the actual value of the project or the price of these tokens has been artificially inflated only to be sold off for profit. Any of these two outcomes are realistic in the current crypto market; however, it is difficult to actually get a read for how mainnets affect cryptocurrencies, because the current market structure’s loose regulations make it tough to determine the real base value for any cryptocurrency.

we shall see..#teamHODLERS! we will hoard for life...but in the meantime a little 5-20% bull rise in the weekly altcoin market spot trading won't hurt or strip me of my hodler's badge. I should to be both...bcuz my loyalty lies in the profits I make off selling and buying cryptos and not to some hibernating nomenclature extension called "hodling".

dottozil:
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dottozil:
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Hadsty23:
Binance or which plat?

dottozil:
Buying

dottozil:
Buying massively

dottozil:
Buying

dottozil:
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dottozil:
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dottozil:
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